Flair Writing Industries Limited

BSE: FLAIR544030ISIN INE00Y201027

Fast Moving Consumer Goods
Stationary
BSE 1000

Share price

₹239.35+3.90 (+1.66%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹344.85
52W low: ₹220.00
Off 52W high: -30.59%
1M return: +5.77%
3M return: -5.06%
6M return: -27.01%
1Y return: -23.76%
20D avg volume: 8,282
50 DMA: ₹236.34
200 DMA: ₹278.89

Key ratios Consolidated

Market cap: ₹2,523 Cr
Current price: ₹239.35
52W high / low: ₹344.85 / ₹220.00
Face value: ₹5.00
P/E: 17.83
P/B: 2.11
EPS (TTM): ₹13.42
Book value / share: ₹113.50
ROE: —
ROCE: 15.80%
Operating margin: —
Net margin: —
Debt / equity: 0.03
Net debt: ₹25.91 Cr
Interest cover: 37.04
Dividend yield: 0.42%
Dividend / share (TTM): ₹1.00
Payout: 7.45%
Cash conversion cycle: 163.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	—	319.25	322.95	317.70	320.91	288.55	298.05	264.55	270.13	247.14	250.11	224.91
	—	1.24	5.84	3.12	8.53	3.28	8.03	6.52	5.10	4.95	6.08	3.94
	—	320.49	328.79	320.82	329.44	291.82	306.07	271.07	275.23	252.08	256.19	228.86
	—	281.52	280.20	275.43	275.19	253.00	264.65	232.28	231.50	216.69	210.69	202.74
	—	151.65	145.15	159.63	179.20	141.98	138.10	150.05	150.51	120.07	113.50	116.44
	—	5.92	9.47	4.09	4.82	4.67	8.19	1.95	2.12	2.08	2.21	1.67
	—	55.56	54.18	53.62	56.29	50.38	47.63	43.47	42.31	38.30	36.72	38.04
	—	1.27	1.28	1.18	1.48	1.25	1.14	1.29	1.37	1.46	1.14	2.89
	—	14.35	13.70	13.46	13.16	12.74	12.28	11.72	10.62	10.12	9.97	9.48
	—	49.65	53.37	51.19	49.92	44.28	50.40	—	49.81	—	—	—
	—	38.97	48.59	45.39	54.25	38.82	41.42	38.80	43.73	35.40	45.50	26.12
	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	—	38.97	48.59	45.39	54.25	38.82	41.42	38.80	43.73	35.40	45.50	26.12
	—	9.88	12.06	12.25	11.52	9.87	10.58	9.53	10.96	9.19	11.31	7.12
	—	29.08	36.52	33.14	42.73	28.95	30.84	29.27	32.77	26.21	34.19	19.00
	—	2.71	3.40	3.11	4.04	2.72	2.93	2.79	3.12	2.51	3.52	1.96
Key metrics
	—	54.59	63.57	60.03	68.89	52.81	54.84	51.81	55.72	46.98	56.61	38.49
	—	17.10%	19.70%	18.90%	21.50%	18.30%	18.40%	19.60%	20.60%	19.00%	22.60%	17.10%
	—	9.10%	11.30%	10.40%	13.30%	10.00%	10.30%	11.10%	12.10%	10.60%	13.70%	8.40%
	—	—	4.10%	—	4.90%	—	3.90%	—	—	—	—	—
	—	10.60%	8.40%	20.10%	18.80%	16.80%	19.20%	17.60%	—	—	—	—
	—	0.40%	18.40%	13.20%	30.40%	10.50%	-9.80%	54.10%	—	—	—	—

Metric	FY26	FY25	FY24
Income statement
	1,250	1,080	978.73
	20.77	24.60	14.53
	1,271	1,104	993.25
	1,084	945.12	834.44
	625.96	558.73	497.29
	23.05	14.34	7.17
	214.47	171.72	145.76
	5.19	5.26	10.15
	53.06	44.74	36.81
	198.77	191.24	—
	187.05	159.34	158.81
	0.00	0.00	0.00
	187.05	159.34	158.81
	45.70	40.26	40.33
	141.35	119.08	118.48
	13.26	11.35	12.19
Key metrics
	245.30	209.34	205.77
	19.60%	19.40%	21.00%
	11.30%	11.00%	12.10%
	15.80%	15.20%	—
	15.80%	10.30%	—
	18.70%	0.50%	—
	-3.96	-79.46	—
	0.97	0.46	—
	0.03	0.03	—
	25.91	-26.97	—
	163.7	166.3	—
Balance sheet
	1,367	1,218	—
	799.35	737.57	—
	11.30	56.62	—
	273.37	258.92	—
	353.96	287.06	—
	39.79	40.19	—
	454.26	395.52	—
	66.52	53.93	—
	153.00	135.87	—
	37.21	29.65	—
	8.55	8.44	—
	28.66	21.21	—
	1,143	1,018	—
Cash flow
	137.18	54.35	—
	-160.99	-24.41	—
	-21.51	-25.31	—
	141.14	133.81	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	—	258.05	251.33	256.18	263.24	242.22	256.57	229.04	241.89	221.80	228.76	215.15
	—	7.04	10.60	8.58	13.69	7.97	8.25	10.01	8.52	8.24	8.02	5.52
	—	265.09	261.93	264.75	276.93	250.19	264.82	239.05	250.41	230.04	236.78	220.67
	—	231.54	222.68	229.18	230.03	213.73	227.35	203.12	207.66	195.34	193.43	191.65
	—	124.38	117.88	130.77	146.42	120.28	117.42	129.16	138.37	107.88	104.47	114.15
	—	3.29	7.08	2.97	3.50	2.30	2.85	1.95	2.12	2.08	2.21	1.67
	—	44.87	43.70	43.46	45.49	40.83	38.61	38.99	39.77	35.93	34.57	35.52
	—	0.64	0.63	0.67	0.99	0.84	0.79	0.92	0.98	1.14	0.80	2.15
	—	9.03	8.62	8.64	8.67	8.63	8.70	8.54	7.82	7.65	7.69	7.51
	—	37.14	40.78	40.32	41.46	37.00	42.57	—	40.69	—	—	—
	—	33.56	39.25	35.57	46.90	36.45	37.47	35.92	42.76	34.70	43.34	29.02
	—	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	—	33.56	39.25	35.57	46.90	36.45	37.47	35.92	42.76	34.70	43.34	29.02
	—	8.80	10.28	10.23	10.43	9.32	9.94	8.98	10.79	9.03	10.93	7.58
	—	24.76	28.98	25.34	36.47	27.13	27.53	26.94	31.97	25.67	32.41	21.44
	—	2.35	2.75	2.40	3.46	2.57	2.61	2.56	3.03	2.44	3.32	2.20
Key metrics
	—	43.23	48.50	44.88	56.56	45.92	46.96	45.38	51.56	43.49	51.83	38.68
	—	16.80%	19.30%	17.50%	21.50%	19.00%	18.30%	19.80%	21.30%	19.60%	22.70%	18.00%
	—	9.60%	11.50%	9.90%	13.90%	11.20%	10.70%	11.80%	13.20%	11.60%	14.20%	10.00%
	—	—	3.50%	—	4.40%	—	3.60%	—	—	—	—	—
	—	6.50%	-2.00%	11.80%	8.80%	9.20%	12.20%	6.50%	—	—	—	—
	—	-8.70%	5.30%	-5.90%	14.10%	5.70%	-15.10%	25.70%	—	—	—	—

Metric	FY26	FY25	FY24
Income statement
	1,013	949.31	918.66
	40.83	35.01	20.02
	1,054	984.33	938.69
	895.63	833.47	780.23
	515.36	492.84	470.75
	15.85	9.00	7.17
	173.48	153.30	136.33
	3.14	3.84	7.67
	34.56	32.71	29.34
	159.56	156.00	—
	158.18	150.86	158.45
	0.00	0.00	—
	158.18	150.86	158.45
	40.26	38.75	40.29
	117.92	112.11	118.17
	11.19	10.64	12.11
Key metrics
	195.88	187.41	195.46
	19.30%	19.70%	21.30%
	11.60%	11.80%	12.90%
	14.00%	14.70%	—
	6.70%	3.30%	—
	5.20%	-5.10%	—
	68.67	-3.31	—
	1.15	0.52	—
	0.01	0.02	—
	4.10	-37.19	—
	140.8	150.2	—
Balance sheet
	1,266	1,156	—
	599.68	602.58	—
	11.13	53.76	—
	204.85	215.60	—
	243.56	220.91	—
	19.29	19.28	—
	287.16	272.18	—
	57.60	45.66	—
	113.60	102.42	—
	15.23	16.57	—
	0.09	0.73	—
	15.14	15.84	—
	1,103	1,001	—
Cash flow
	135.97	58.19	—
	-152.97	-28.79	—
	-25.63	-27.59	—
	67.30	61.50	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 78.58%

Quarter	September 2026	June 2026
Promoter %	78.58%	78.58%

Holder	Type	Holding	Previous	Change
Khubilal Jugraj Rathod	Promoter	15.74%	15.74%	0.00%
Vimalchand Jugraj Rathod	Promoter	11.80%	11.80%	0.00%
Manjula Vimalchand Rathod	Promoter Group	7.85%	7.85%	0.00%
Rajesh Khubilal Rathod	Promoter	7.85%	7.85%	0.00%
Nirmala Khubilal Rathod	Promoter Group	7.85%	—	—
Mohit Khubilal Rathod	Promoter	7.85%	7.85%	0.00%
Sumit Rathod	Promoter	7.85%	7.85%	0.00%
Shalini Mohit Rathod	Promoter Group	3.93%	3.93%	0.00%
Sangita Rajesh Rathod	Promoter Group	3.93%	3.93%	0.00%
Sonal Sumit Rathod	Promoter Group	3.93%	3.93%	0.00%
Volrado Venture Partners Fund - Iii - Volrado Venture Partners Fund Iii - Beta	Public	2.28%	—	—
New Mark Capital Aif Llp	Public	2.15%	—	—
Kedaara Capital Public Markets Fund I	Public	1.56%	—	—
Sbi Consumption Opportunities Fund	Public	1.47%	1.47%	0.00%
Motilal Oswal Large Cap Fund	Public	1.07%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
DOMS Industries Limited	11,956	1,970.05	58.84	23.50%	+18.43% TTM	-9.89% TTM	-22.26%
Navneet Education Limited	2,942	133.00	8.83	21.00%	-22.24% TTM	+59.12% TTM	-14.99%
Flair Writing Industries Limited	2,523	239.35	17.83	15.80%	—	—	-23.76%
Kokuyo Camlin Ltd S	759	75.66	34.39	10.80%	+6.21% TTM	+6,576.47% TTM	-27.91%
LINC LIMITED	552	92.87	17.32	18.50%	-0.98% TTM	-12.43% TTM	-27.47%
ALKOSIGN LIMITED	68	63.00	—	6.50%	—	—	-21.05%
Sundaram Multi Pap Ltd. S	47	1.00	12.50	5.00%	+16.22% TTM	+167.81% TTM	-48.19%
Gala Global Products Limited S	7	1.20	-0.83	-3.50%	-76.45% TTM	+4.26% TTM	-53.67%

Filings & corporate actions

Recent announcements

Audio Recording for Investor Call scheduled on November 03, 2026 to discuss the financial results for the quarter and half year ended September 30, 2026.3 Nov 2026 · Company Update / Analyst / Investor Meet
Copy of newspaper advertisement wherein the Quick Response (QR) code to access the financial results for the quarter and half year ended September 30, 2026 have been published.3 Nov 2026 · Company Update / Newspaper Publication
Investor Presentation in relation to the financial statements for the quarter and half year ended September 30, 2026.2 Nov 2026 · Company Update / Investor Presentation
Press Release on the Financial Statements for the quarter and half year ended September 30, 2026.2 Nov 2026 · Company Update / Press Release / Media Release
The Board of Directors at its meeting held on November 02, 2026, Declared the interim dividend of Rs. 0.50/- per equity share.2 Nov 2026 · Corp. Action / Dividend
Outcome of Board Meeting held on November 02, 2026.2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Intimation for Q2 & H1FY27 Earnings Call29 Oct 2026 · Company Update / Analyst / Investor Meet
Flair Writing Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve the Unaudited Financial ....22 Oct 2026 · Board Meeting / Board Meeting
Enclosed herewith the copy of the certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 received from our RTA M/s. MUFG Intime India Private Limited for the quarter ended September 30, 2026.12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.29 Sep 2026 · Company Update / General
Schedule of Investor Meet- PL Capital Mid & Small Cap Conference 202624 Sep 2026 · Company Update / Analyst / Investor Meet
Closure of Trading Window from Thursday, October 01, 2026 till 48 hours after the declaration of the Unaudited Financial Results for the quarter and six months ending September 30, 2026.22 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Schedule of Investor Meet- Anand Rathi Annual Flagship Conference - G-200 Summit 2026.16 Sep 2026 · Company Update / Analyst / Investor Meet
Updates on Acquisition of Shares in a Wholly-owned Subsidiary1 Sep 2026 · Company Update / General
Update on earlier intimation dated February 11, 2025.31 Aug 2026 · Company Update / General
Voting Results and Scrutinizer''s Report29 Aug 2026 · AGM/EGM / AGM
Re-appointment of Mr. Mohit Khubilal Rathod (DIN :00122951) and Mr. Sumit Vimalchand Rathod (DIN: 02987687) as Whole-time Directors of the Company for a further term of five (5) consecutive ....27 Aug 2026 · Company Update / Change in Directorate
Appointment of M/s. Price Waterhouse Chartered Accountants LLP (Firm Registration No- 012754N/N500016) as the Statutory Auditors of the Company for a term of five (5) consecutive years, ....27 Aug 2026 · Company Update / Change in Management
Summary Proceedings of the 10th Annual General Meeting held on August 27, 2026.27 Aug 2026 · AGM/EGM / AGM
Transcript of the Earning Call held on August 12, 202618 Aug 2026 · Company Update / Earnings Call Transcript
Audio Recording for Investors Call scheduled on August 12, 2026 to discuss the financial results for the quarter ended June 30, 2026.12 Aug 2026 · Company Update / Analyst / Investor Meet
Copy of newspaper advertisement wherein the Quick Response (QR)code to access the Financial Result for the quarter ended June 30, 2026 have been published.12 Aug 2026 · Company Update / Newspaper Publication
Investor Presentation in relation to the financial statements for the quarter ended June 30, 2026.11 Aug 2026 · Company Update / Investor Presentation
Press Release on the Financial Statements for the quarter ended June 30, 202611 Aug 2026 · Company Update / Press Release / Media Release
Outcome of Board Meeting held on August 11, 2026.11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Press Release titled "Flair Writing Industries'' Subsidiary Expands Stainless Steel Bottle manufacturing capacity with Order for Fourth Production Line"11 Aug 2026 · Company Update / General
Press Release titled Flair Writing Industries'' Subsidiary Expands Stainless Steel Bottle manufacturing capacity with Order for Fourth Production Line.11 Aug 2026 · Company Update / General
Newspaper Publication in respect to the Notice of 10th AGM of the Company6 Aug 2026 · Company Update / Newspaper Publication
Schedule of Earning Call for Q1FY27.5 Aug 2026 · Company Update / Analyst / Investor Meet
Annual Report of the Company for the FY 2025-26.5 Aug 2026 · Others / Reg. 34 (1) Annual Report
Enclosing herewith the notice of 10th Annual General Meeting.5 Aug 2026 · AGM/EGM / AGM
Copy of Newspaper publication with respect to the 10th Annual General Meeting of the Company.4 Aug 2026 · Company Update / Newspaper Publication
Appointment of Mr. Randall Miranda as Head of Human Resources (Senior Management Personnel).3 Aug 2026 · Company Update / Change in Management
The Board of Directors at its meeting held on August 03, 2026 has approved to schedule the ensuing 10th Annual General Meeting (AGM) of the Company on Thursday, August 27, 2026 via Video ....3 Aug 2026 · Company Update / General
Intimation of Book Closure for the purpose of 10th AGM of the Company3 Aug 2026 · Corp. Action / Book Closure
The Board of Directors in its meeting held on August 03, 2026 have fixed Wednesday, August 19, 2026 as the record date for the purpose of determining the entitlement of members to receive ....3 Aug 2026 · Corp. Action / Record Date
Outcome of Board meeting scheduled on August 03, 20263 Aug 2026 · Others / Outcome without intimation
Flair Writing Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve the Unaudited Financial ....28 Jul 2026 · Board Meeting / Board Meeting
Enclosed herewith the copy of certificate received from our Registrar and Transfer Agent M/s MUFG Intime India Private Limited for the quarter ended June 30, 2026.8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window from Wednesday July 01, 2026 till 48 hours after the declaration of the Unaudited Financial Results for the quarter ending June 30, 2026.23 Jun 2026 · Insider Trading / SAST / Closure of Trading Window

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 0.5000	6 Nov 2026	6 Nov 2026	—
Final Dividend - Rs. - 0.5000	19 Aug 2026	19 Aug 2026	—
Interim Dividend - Rs. - 0.5000	4 Feb 2026	4 Feb 2026	—
Final Dividend - Rs. - 1.0000	8 Aug 2025	8 Aug 2025	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
11 Aug 2026 Board Meeting - Financial Results