Flair Writing Indust Ltd
NSE: FLAIR · Stationary · sector
₹227.65NSE close 2026-10-26
Key numbers
Market cap₹2,399 cr
Price₹227.65
52w high / low₹345 / ₹217
P/E17.2xSector median 15.9x
P/B2.1xSector median 2.1x
Book value₹108.3
Dividend yield0.65%Sector median 0.41%
ROE12.9%Sector median 12.8%
ROCE16.3%Sector median 16.3%
OPM17.8%Sector median 10.7%
Debt / equity0.03xSector median 0.07x
EV/EBITDA10.1xSector median 10.5x
Interest cover37.0x
Current ratio5.22x
Sales growth 3y–Sector median +1.3%
Profit growth 3y–Sector median -1.9%
PEG1.16x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 7 companies in Stationary (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹131 cr vs borrowings ₹37 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 37.0x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 3 years (FY26, FY25, FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 13% of net profit in the last 12 months.
- Dividend paid in 1 of the last 3 financial years.
- Price ₹227.65 on 2026-10-26: -34.0% from the 52-week high, +5.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹341.90 · low ₹203.41
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 265 | 298 | 289 | 321 | 318 | 323 | 319 |
| EBITDA | 51 | 45 | 47 | 50 | 60 | 57 | 58 | 53 |
| OPM % | 18.7% | 17.1% | 15.7% | 17.2% | 18.8% | 17.9% | 17.9% | 16.7% |
| Other income | 5 | 7 | 8 | 3 | 9 | 3 | 6 | 1 |
| Net profit | 33 | 29 | 31 | 29 | 43 | 33 | 36 | 29 |
| EPS (₹) | 3.12 | 2.79 | 2.93 | 2.72 | 4.04 | 3.11 | 3.40 | 2.71 |
| Revenue YoY | +18.8% | +20.1% | +8.4% | +10.6% | ||||
| Profit YoY | +29.5% | +11.6% | +16.1% | -0.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 979 | 1,080 | 1,250 | 1,281 |
| EBITDA | 191 | 185 | 225 | 228 |
| Net profit | 119 | 120 | 140 | 140 |
| EPS (₹) | 12.19 | 11.35 | 13.26 | 13.26 |
| Revenue growth | +10.3% | +15.8% | +14.2% | |
| Profit growth | +0.5% | +16.9% | +14.8% | |
| Dividend / share (₹) | – | – | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +14.2% |
| Net profit | – | – | +14.8% |
| EPS | – | – | – |
| Share price | – | -11.6% (2y) | -27.1% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 899 | 1,018 | 1,142 |
| Borrowings | 43 | 30 | 37 |
| Cash & equivalents | 234 | 145 | 131 |
| Total assets | 1,108 | 1,218 | 1,367 |
| Fixed assets | 301 | 396 | 454 |
| Capital work in progress | 20 | 23 | 60 |
| Investments | 0 | 0 | 0 |
| Receivables | 215 | 259 | 273 |
| Inventory | 226 | 287 | 354 |
| Payables | 66 | 54 | 67 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 78 | 54 | 137 |
| Cash from investing | -285 | -24 | -161 |
| Cash from financing | 259 | -25 | -22 |
| Capex | 110 | 134 | 141 |
| Free cash flow | -33 | -79 | -4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 13.2% | 11.7% | 12.2% |
| ROCE % | 17.9% | 15.7% | 16.3% |
| Debtor days | 80 | 88 | 80 |
| Inventory days | 170 | 197 | 211 |
| Payable days | 49 | 37 | 40 |
| Cash conversion cycle (days) | 201 | 248 | 251 |
| Working capital days | 214 | 203 | 189 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 78.59% |
| FIIs | 0.88% |
| DIIs | 10.40% |
| of which Mutual funds | 3.56% |
| Public (non-institutions) | 10.14% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% |
| Promoter group | % |
|---|---|
| Khubilal Jugraj Rathod | 15.74% |
| Vimalchand Jugraj Rathod | 11.80% |
| Rajesh Khubilal Rathod | 7.85% |
| Mohit Khubilal Rathod | 7.85% |
| Sumit Rathod | 7.85% |
| Nirmala Khubilal Rathod | 7.85% |
| Manjula Vimalchand Rathod | 7.85% |
| Sangita Rajesh Rathod | 3.93% |
| Shalini Mohit Rathod | 3.93% |
| Sonal Sumit Rathod | 3.93% |
| Public holders above 1% | % |
|---|---|
| Volrado Venture Partners Fund - Iii - Volrado Venture Partners Fund Iii - Beta | 2.28% |
| New Mark Capital Aif Llp | 2.15% |
| Kedaara Capital Public Markets Fund I | 1.56% |
| Sbi Consumption Opportunities Fund | 1.47% |
| Motilal Oswal Large Cap Fund | 1.07% |
| Bandhan Small Cap Fund | 1.02% |
50,503 shareholders. Pledged: – of promoter shares.
Peers in Stationary
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DOMS | ₹11,451 cr | 52.7x | 9.4x | 19.6% | 23.9% | 15.9% | – | 0.17% |
| NAVNETEDUL | ₹2,665 cr | 7.1x | 130.5x | 32.2% | 1,946.6% | 34.6% | -78.3% | 0.02% |
| FLAIR | ₹2,399 cr | 17.2x | 2.1x | 12.9% | 16.3% | 17.8% | – | 0.65% |
| KOKUYOCMLN | ₹732 cr | 33.2x | 2.3x | 7.1% | 9.3% | 6.7% | +1.3% | – |
| LINC | ₹503 cr | 15.9x | 1.9x | 12.8% | 19.2% | 10.7% | +3.7% | 1.77% |
| SUNDARAM | ₹49 cr | 12.9x | 0.5x | 4.4% | 4.6% | 4.3% | +6.2% | – |
| GGPL | ₹6 cr | 1.1x | 0.2x | -16.0% | -1.3% | -3.3% | -39.9% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-19 | Dividend | Dividend - Re 0.50 Per Share |
| 2026-02-04 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2025-08-08 | Dividend | Dividend - Re 1 Per Share |
| 2024-08-14 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing and Trading: Manufacturing and trading of consumer products viz. stationary and colour products used for scholastic and art purpose
| Sector | Fast Moving Consumer Goods |
| Industry | Stationary |
| Sub-industry | Stationary |
| Symbol | FLAIR |
| BSE code | 544030 |
| ISIN | INE00Y201027 |
| Face value | ₹5.0 |
| Incorporated | 2016-08-12 |
| Website | www.flairworld.in |
| Plants (India / abroad) | 11 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.