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Flair Writing Industries share price & results

Flair Writing Industries Limited· Fast Moving Consumer Goods

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest pen brand; diversified into stationery, steel bottles & houseware, exports to 115+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue258 ₹ crore+6.6% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin14.0 %−2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit25.0 ₹ crore−7.4% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity12.98 %+0.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-0.08 %+7.2 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)14.17 %+5.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 14 open · verdicts reflect calls analysed to Q1 FY27.

Flair Writing Industries Limited management guidance track record on Inve: 19 targets tracked across analysed earnings calls (2 achieved, 3 missed, 14 open).

TargetOriginal wordingSaidLatest callVerdict
Inventory Days5 to 7 days of improvement in inventory in the coming 2 quarters (H1 FY27)
Call transcript, Q4 FY26 · 22 May 2026
Q4 FY26Q1 FY27:No specific update provided on inventory days. Management gave a new target for a 10-day reduction in the entire working capital cycle by year-end.
Call transcript, Q1 FY27 · 12 Aug 2026
Ghosted
EBITDA MarginIn the next 2, 3 quarters, we see the numbers going back to 19%-19.5%
Call transcript, Q3 FY25 · 3 Feb 2025
Q3 FY25Q1 FY27:Q1 margin was 16.7%. Management revised FY27 target to 17.5-18%. The original 19-19.5% target remains distant and unachieved.
Call transcript, Q1 FY27 · 12 Aug 2026
Delayed
Overall Revenue Growth15% to 16% growth in the coming year
Call transcript, Q4 FY25 · 23 May 2025
Q4 FY25Q4 FY26:Achieved 15.8% YoY growth for FY26, meeting the 15-16% guidance.
Call transcript, Q4 FY26 · 22 May 2026
Achieved

Source: Inve Guidance Tracker for Flair Writing Industries Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Flair Writing Industries Limited's 19 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 16 more targets are in the full ledger.

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Price

₹234.81 +3.15% · +₹7.16

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −22.1% 1Y

₹250₹300Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 30 Jan 2026Q4 FY26 — 22 May 2026Q1 FY27 — 12 Aug 2026

1Y: ₹301.45 on 24 Oct 2025 → ₹234.81. High ₹337.55 (8 May 2026), low ₹220.52 (9 Oct 2026).

Previous close
₹227.65
Market cap
₹2.4k Cr
52-week range
₹220.52 – ₹337.55
One year
−22.20%
Price to earnings (TTM to Jun 2026)
17.11×
Return on equity (TTM to Jun 2026)
12.98%

Overview

Symbol
NSE:FLAIR
Exchange
NSE
Currency
INR

What Flair Writing Industries Limited does

Based on the company's own presentations, annual report and earnings calls.

Flair Writing Industries Limited, established in 1976 and institutionalised in 1986 (formally consolidated as Flair Writing Industries in 2016), is one of India's most recognised writing instruments and stationery makers. It designs, manufactures and markets pens (own brands Flair, Hauser, Pierre Cardin, ZOOX), creative stationery (Flair Creative — watercolors, crayons, sketch pens, geometry boxes, sharpeners), and steel bottles and designer houseware, sold across mass, mid-premium and premium price points. The company earns through a mix of domestic own-brand sales, export own-brand sales, and OEM (contract) manufacturing for both domestic and export customers, going to market via a super-stockist, distributor, wholesaler and retailer network across India and exporting to over 115 countries.

Segments

  • Pens
  • Creative
  • Steel Bottles and Houseware
  • Others
Manufacturing facilities
11
Countries exported to
115+
Distributors
8,000+
Wholesalers and retailers
3,30,000+
Super-stockists
166
Pincodes present in
6,500+
Founded 1976 Company website

How the price took the results

close before → close after

Q1 FY27
+0.5%
12 Aug
Q4 FY26
−7.3%
22 May
Q3 FY26
−2.2%
30 Jan
Q2 FY26
−5.0%
7 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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