Flair Writing Industries Limited
₹230.00-₹2.25 (-1.0%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹3,358 Cr
- P/E
- 28.4x
- EV / EBITDA
- 16.6x
- Revenue
- ₹949 Cr
- Net margin
- 12.8%
- ROCE
- 18.6%
Price chart
Technical chartScreen technicals →-24.9% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +0.2%
- 3M
- -10.0%
- 6M
- -27.8%
- 1Y
- -24.9%
- 5Y
- -49.2%
52-week range
Day change -₹2.25 (-1.0%) from ₹232 to ₹230 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in FLAIR, bought on each weekday since 2023.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 25.4%
Concerns0
Rule-based from financial data. Not advice.
About the company
Flair Writing Industries Limited manufactures and sells writing instruments, stationeries, and other allied products in India and internationally.
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Flair Writing Industries Limited manufactures and sells writing instruments, stationeries, and other allied products in India and internationally. The company offers ball, fountain, gel, roller, plastic, and metal pens; stationery products, including mechanical pencils, highlighters, correction pens, markers, gel crayons, and student stationery kits and calculators under the Flair, Hauser, Pierre Cardin, Flair Creative, Flair Designer Houseware, HAUSER ARTZ, and the ZOOX brands. It also provides a range of houseware products, including steel bottles, lunch boxes, storage containers, and kitchen accessories. The company also exports its products. Flair Writing Industries Limited was founded in 1976 and is based in Mumbai, India.
- Sector
- Consumer Discretionary
- Shares outstanding
- 10.6 Cr shares
- ISIN
- INE00Y201027
- BSE code
- 544030
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹3,358 Cr
- P/E
- 28.4x
- P/B
- 3.2x
- EV / EBITDA
- 16.6x
- EV / Sales
- 3.5x
- P/S
- 3.7x
- Earnings yield
- 3.5%
- 52-week high
- ₹338.00
- 52-week low
- ₹220.35
Profitability
- Operating margin
- 19.2%
- Net margin
- 12.8%
- EBITDA margin
- 21.3%
- ROE
- 13.3%
- ROCE
- 18.6%
- ROA
- 11.0%
- Dividend payout
- 0.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 12.7%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹949 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 3.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹196 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.9%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -5.1%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.4%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹106 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 34.2%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 69.2%
Solvency and efficiency
- Current ratio
- 6.27
- Debt / Equity
- 0.06
- Debt / Assets
- 0.05
- Debt / EBITDA
- 0.29
- Interest coverage
- 22.00
- Financial leverage
- 1.21
- CFO / Net profit
- 0.90
- Cash / Market cap
- 23.8%
- Cash per share
- ₹75.66
- Asset turnover
- 0.86
- Fixed asset turnover
- 3.66
- Capital intensity
- 0.27
- Debtor days
- 77 days
- Inventory turnover
- 2.48
- Cash conversion cycle
- 178 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹12 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹796 Cr |
| Sales | Operating profit | ₹153 Cr |
| Operating profit | Interest | ₹4 Cr |
| Operating profit | Depreciation | ₹33 Cr |
| Operating profit | Profit before tax | ₹116 Cr |
| Other income | Profit before tax | ₹35 Cr |
| Profit before tax | Tax and other | ₹39 Cr |
| Profit before tax | Net profit | ₹112 Cr |
Revenue and net profit
Revenue grew 3.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹289 Cr | ₹0 Cr |
| FY2022 | ₹554 Cr | ₹54 Cr |
| FY2023 | ₹903 Cr | ₹112 Cr |
| FY2024 | ₹919 Cr | ₹118 Cr |
| FY2025 | ₹949 Cr | ₹112 Cr |
Cash flows
FY2025: ₹58.0 Cr from operations, ₹29.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹70 Cr | ₹54 Cr |
| FY2022 | ₹23 Cr | ₹15 Cr |
| FY2023 | ₹79 Cr | ₹33 Cr |
| FY2024 | ₹106 Cr | -₹222 Cr |
| FY2025 | ₹58 Cr | ₹29 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹949 Cr+3.3%1Y
- Net profit
- ₹112 Cr-5.1%1Y
- Cash from operations
- ₹58 Cr
- Free cash flow
- ₹29 Cr
- Revenue CAGR, 5Y
- 9.6%
- EBITDA CAGR, 5Y
- 14.9%
- Net profit CAGR, 5Y
- 25.4%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹949 Cr | ₹153 Cr | — | ₹112 Cr | ₹58 Cr | ₹29 Cr | 11.2% | +3.3% | -5.1% |
Monthly returns
Month-by-month returns of FLAIR across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,156 Cr |
| Equity capital | ₹53 Cr |
| Reserves | ₹949 Cr |
| Borrowings | ₹39 Cr |
| Other liabilities | ₹116 Cr |
| Assets | ₹1,156 Cr |
| Fixed assets | ₹294 Cr |
| Capital work in progress | ₹12 Cr |
| Investments | ₹35 Cr |
| Other assets | ₹815 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
FLAIR trades at 28.4x earnings against a peer median of 55.4x (a 49% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Flair Writing Industries LimitedFLAIRthis companyP/E ↓ discount | ₹3,358 Cr | 28.4x | 3.2x | 13.3% | 16.6x |
| Parag Milk Foods LimitedPARAGMILK | ₹3,436 Cr | 22.2x | 2.8x | 10.0% | 17.5x |
| Centum Electronics LtdCENTUM | ₹3,430 Cr | 50.3x | 5.9x | 11.5% | 39.9x |
| Borosil LimitedBOROLTD | ₹3,341 Cr | 38.4x | 3.9x | 11.4% | 22.7x |
| Wonderla Holidays LimitedWONDERLA | ₹3,320 Cr | 40.4x | 1.9x | 14.4% | 13.0x |
| MPS LimitedMPSLTD | ₹3,280 Cr | 28.5x | 10.1x | 28.6% | 20.9x |
| D P ABHUSHAN LIMITEDDPABHUSHAN | ₹3,259 Cr | 21.7x | 6.4x | 26.1% | 32.4x |
| GNG Electronics LimitedEBGNG | ₹3,254 Cr | 138.0x | 6.5x | 14.1% | 90.5x |
| Timex Group India LtdTIMEX | ₹3,228 Cr | 57.6x | 27.1x | 300.0% | 93.6x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
FLAIR since 1 January, against earlier years.
Historical volatility
FLAIR's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 8.0% |
| FY2022 | 17.0% |
| FY2023 | 19.0% |
| FY2024 | 19.0% |
| FY2025 | 16.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹949 Cr |
| Costs | |
| Interest | ₹4 Cr |
| Expenses | ₹797 Cr |
| Operating profitOperating Profit | ₹153 Cr |
| Other income and charges | |
| Profit before tax | ₹151 Cr |
| Tax | |
| Net profitNet Profit | ₹112 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,156 Cr |
| Equity capitalEquity Capital | ₹53 Cr |
| Reserves | ₹949 Cr |
| Borrowings | ₹39 Cr |
| Other liabilitiesOther Liabilities | ₹116 Cr |
| AssetsTotal Assets | ₹1,156 Cr |
| Fixed assetsFixed Assets | ₹294 Cr |
| Capital work in progressCWIP | ₹12 Cr |
| Investments | ₹35 Cr |
| Other assetsOther Assets | ₹815 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹58 Cr |
| Investing cash flowCash from Investing Activity | -₹29 Cr |
| Financing cash flowCash from Financing Activity | -₹28 Cr |
| Change in cashNet Cash Flow | ₹2 Cr |
Learn while you research
Academy chapters picked for Flair Writing Industries Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read