Flair Writing

  • Market Cap: Small Cap
  • Industry: Miscellaneous
  • ISIN: INE00Y201027
  • NSEID: FLAIR
  • BSEID: 544030
INR
281.30
-5.2 (-1.82%)
BSENSE

Mar 30

BSE+NSE Vol: 71.59 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

71.59 k (-59.93%) Volume

Shareholding (Dec 2025)

FII

0.30%

Held by 12 FIIs

DII

6.66%

Held by 5 DIIs

Promoter

78.59%

What does Flair Writing do?

06-Jun-2025

Flair Writing Industries Ltd is a small-cap company in the miscellaneous industry, established in 1986 and converted to a private limited company in 2016. As of March 2025, it reported net sales of 298 Cr and a net profit of 31 Cr, with a market cap of Rs 2,785 Cr.

Overview:<BR>Flair Writing Industries Ltd is a company operating in the miscellaneous industry, categorized as a small-cap entity.<BR><BR>History:<BR>Flair Writing Industries Ltd was originally established as a partnership firm in 1986 and converted into a private limited company on August 12, 2016. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 298 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 31 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 2,785 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 50 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.08 <BR>Return on Equity: 11.74% <BR>Price to Book: 2.72 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

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Who are in the management team of Flair Writing?

06-Jun-2025

As of March 2023, the management team of Flair Writing includes K J Rathod (Chairman), Vimalchand Jugraj Rathod (Managing Director), and several whole-time and independent directors, ensuring a diverse governance structure. The team also features Vishal Kishor Chanda as Company Secretary & Compliance Officer.

As of March 2023, the management team of Flair Writing consists of the following individuals:<BR><BR>1. K J Rathod - Chairman & Wholetime Director<BR>2. Vimalchand Jugraj Rathod - Managing Director<BR>3. Rajesh Khubilal Rathod - Whole-time Director<BR>4. Mohit Khubilal Rathod - Whole-time Director<BR>5. Sumit Kumar Vimal Chand Rathod - Whole-time Director<BR>6. Punit Saxena - Independent Director<BR>7. Rajneesh Bhandari - Independent Director<BR>8. Bishan Singh Rawat - Independent Director<BR>9. Manoj Vinod Lalwani - Independent Director<BR>10. Sheetal Bhanot Shetty - Independent Director<BR>11. Vishal Kishor Chanda - Company Secretary & Compliance Officer<BR><BR>This team includes a mix of executive and independent directors, ensuring a diverse governance structure.

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Has Flair Writing declared dividend?

06-Jun-2025

No Dividend History Available

Who are the peers of the Flair Writing?

16-Jul-2025

Flair Writing's peers include Coal India, Doms Industries, Sandur Manganese, and others, with varying management risks and growth rates. Its 1-year return is -1.40%, better than Dredging Corporation's -50.45% but worse than Knowledge Marine's 31.57%.

Peers: Flair Writing's peers are Coal India, Doms Industries, Sandur Manganese, Crizac, Navneet Educat., Ramco Inds., Dredging Corpn., Knowledge Marine, and Kokuyo Camlin.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coal India, while Good management risk is found at Doms Industries, Sandur Manganese, and Knowledge Marine. Average management risk is noted at Flair Writing, Navneet Educat., Ramco Inds., and Kokuyo Camlin, while Below Average management risk is present at Dredging Corpn. and R M Drip & Sprin. Excellent growth is seen at Coal India, Doms Industries, Sandur Manganese, and Knowledge Marine, while Flair Writing, Navneet Educat., Ramco Inds., and Kokuyo Camlin exhibit Below Average growth. The Capital Structure is Excellent for Coal India, Doms Industries, Sandur Manganese, Flair Writing, Ramco Inds., and Knowledge Marine, while it is Below Average for Dredging Corpn. and Kokuyo Camlin.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Knowledge Marine at 31.57%, while the lowest is Dredging Corpn. at -50.45%. Flair Writing's 1-year return is -1.40%, which is better than Dredging Corpn. but worse than Knowledge Marine. Additionally, Dredging Corpn. and Kokuyo Camlin have negative six-month returns.

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Who are the top shareholders of the Flair Writing?

17-Jul-2025

The top shareholders of Flair Writing include Khubilal Jugraj Rathod with 15.74%, mutual funds with 3.74%, and individual investors holding 9.95%. The highest public shareholder is Volrado Venture Partners Fund - III at 2.28%.

The top shareholders of Flair Writing include the promoters, who hold the majority of the shares. The promoter with the highest holding is Khubilal Jugraj Rathod, owning 15.74% of the company. Additionally, there are mutual funds that hold 3.74% through two schemes, and seven foreign institutional investors (FIIs) hold a small portion of 0.06%. The highest public shareholder is Volrado Venture Partners Fund - III, which has a stake of 2.28%. Individual investors collectively hold 9.95% of the shares.

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How big is Flair Writing?

24-Jul-2025

As of 24th July, Flair Writing Industries Ltd has a market capitalization of 3,384.00 Cr, with recent net sales of 1,079.87 Cr and a net profit of 119.57 Cr. The latest balance sheet shows shareholder's funds of 898.94 Cr and total assets of 1,107.83 Cr.

As of 24th July, Flair Writing Industries Ltd has a market capitalization of 3,384.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Flair Writing reported Net Sales of 1,079.87 Cr and a Net Profit of 119.57 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 898.94 Cr and Total Assets of 1,107.83 Cr.

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How has been the historical performance of Flair Writing?

06-Nov-2025

Flair Writing has shown steady growth in net sales and profits over the past three years, with net sales increasing from 942.66 Cr in Mar'23 to 1,079.86 Cr in Mar'25, while total debt decreased significantly, indicating improved financial stability. Despite a decline in cash flow from operating activities, the company maintained positive net cash inflow.

Answer:<BR>The historical performance of Flair Writing shows a steady growth in net sales and profit over the past three years.<BR><BR>Breakdown:<BR>Flair Writing's net sales increased from 942.66 Cr in Mar'23 to 978.72 Cr in Mar'24, and further to 1,079.86 Cr in Mar'25, indicating a consistent upward trend. Total operating income followed a similar pattern, reaching 1,079.86 Cr in Mar'25. However, total expenditure also rose, from 759.15 Cr in Mar'23 to 895.11 Cr in Mar'25. Operating profit (PBDIT) saw a slight increase from 195.14 Cr in Mar'23 to 209.35 Cr in Mar'25, while profit before tax remained relatively stable, moving from 157.81 Cr in Mar'23 to 159.34 Cr in Mar'25. Profit after tax also showed growth, from 117.04 Cr in Mar'23 to 119.08 Cr in Mar'25. The company's total assets increased significantly from 684.18 Cr in Mar'23 to 1,218.13 Cr in Mar'25, reflecting strong growth in shareholder's funds, which rose to 1,018.48 Cr by Mar'25. Despite this growth, total debt decreased from 115.59 Cr in Mar'23 to 29.65 Cr in Mar'25, indicating improved financial stability. Cash flow from operating activities declined from 97.00 Cr in Mar'23 to 54.00 Cr in Mar'25, but the net cash inflow remained positive, ending at 4.00 Cr in Mar'25. Overall, Flair Writing has demonstrated solid growth in sales and profits while managing its liabilities effectively.

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Is Flair Writing overvalued or undervalued?

10-Nov-2025

As of November 7, 2025, Flair Writing is fairly valued with a PE ratio of 25.23, an EV to EBITDA of 16.00, and a ROCE of 14.97%, outperforming the Sensex with an 11.36% return, while trading lower than some peers like Doms Industries at 72.45 but higher than Linc at 19.05.

As of 7 November 2025, the valuation grade for Flair Writing has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 25.23, an EV to EBITDA of 16.00, and a ROCE of 14.97%. <BR><BR>In comparison to its peers, Flair Writing's PE ratio is significantly lower than Doms Industries, which has a PE of 72.45, and slightly higher than Linc, which has a PE of 19.05. This indicates that while Flair Writing is fairly valued, some of its peers are trading at much higher multiples, suggesting potential for growth. Additionally, Flair Writing has outperformed the Sensex over the past year with a return of 11.36% compared to the Sensex's 4.62%, reinforcing its valuation stance.

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Is Flair Writing technically bullish or bearish?

03-Dec-2025

As of December 2, 2025, Flair Writing's technical trend is neutral with mixed signals, showing mildly bearish indicators on weekly and monthly time frames, while daily moving averages suggest a slightly bullish stance.

As of 2 December 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different time frames. The weekly MACD and KST are both mildly bearish, indicating downward pressure, while the daily moving averages show a mildly bullish stance. The Bollinger Bands on the weekly are also mildly bearish, while the monthly remains sideways. The Dow Theory reflects a mildly bearish outlook on both weekly and monthly time frames. Overall, the lack of strong bullish indicators and the presence of bearish signals suggest a neutral position for Flair Writing at this time.

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When is the next results date for Flair Writing Industries Ltd?

21-Jan-2026

The next results date for Flair Writing Industries Ltd is January 29, 2026.

The next results date for Flair Writing Industries Ltd is scheduled for January 29, 2026.

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Are Flair Writing Industries Ltd latest results good or bad?

30-Jan-2026

Flair Writing Industries Ltd's latest results show strong profit and revenue growth, with a net profit increase of 48.71% quarter-on-quarter. However, concerns about the sustainability of this growth due to reliance on non-operating income and poor inventory management suggest caution for investors.

Flair Writing Industries Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q2 FY26, reaching ₹42.59 crore, which is a 48.71% increase quarter-on-quarter and a 29.49% increase year-on-year. Revenue also grew by 11.22% quarter-on-quarter to ₹320.91 crore, marking a healthy 18.80% year-on-year growth.<BR><BR>However, there are concerns regarding the sustainability of this profit growth. A substantial portion of the profit increase was driven by a 160.06% surge in other income, which raises questions about the quality of earnings. Additionally, the company's inventory turnover ratio has deteriorated to its lowest level at 3.50 times, indicating potential inefficiencies in working capital management.<BR><BR>Despite the strong quarterly profit growth, the stock has underperformed recently, declining 10.61% over the past six months, which reflects investor concerns about the company's operational challenges and the sustainability of its earnings growth.<BR><BR>Overall, while the latest results show strong profit and revenue growth, the underlying issues related to inventory management and reliance on non-operating income suggest that the results are not entirely positive. Investors should approach with caution, keeping an eye on how the company addresses these challenges moving forward.

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Should I buy, sell or hold Flair Writing Industries Ltd?

28-Mar-2026

Why is Flair Writing Industries Ltd falling/rising?

31-Mar-2026

As of 30-Mar, Flair Writing Industries Ltd's stock price is declining at 281.30, down 1.82%, due to bearish trends indicated by trading below moving averages and decreased investor participation. Despite a 25.11% return over the past year, poor long-term growth and reduced institutional investment contribute to a cautious outlook.

As of 30-Mar, Flair Writing Industries Ltd is experiencing a decline in its stock price, currently at 281.30, reflecting a change of -5.2 (-1.82%). This downward movement can be attributed to several factors. The stock has been on a consecutive fall for the last two days, with a total decline of -3.83% during this period. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased, as evidenced by a drop in delivery volume, which fell by -0.46% against the 5-day average. The broader sector, Printing & Stationery, has similarly faced challenges, with a decline of -4.27%. Furthermore, the company has shown poor long-term growth, with net sales growing at an annual rate of only 11.30% and operating profit at a mere 0.57% over the past five years. This lack of robust growth may be contributing to negative sentiment among investors.<BR><BR>Despite having generated a return of 25.11% over the past year, which outperformed the market, the stock's recent performance and the declining participation from institutional investors—who have reduced their stake by -0.6%—suggest a cautious outlook. Overall, these factors collectively indicate why Flair Writing Industries Ltd is currently experiencing a decline in its stock price.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor long term growth as Net Sales has grown by an annual rate of 11.30% and Operating profit at 0.57% over the last 5 years

 
2

Flat results in Dec 25

3

Falling Participation by Institutional Investors

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Miscellaneous

stock-summary
Market cap

INR 3,025 Cr (Small Cap)

stock-summary
P/E

22.00

stock-summary
Industry P/E

41

stock-summary
Dividend Yield

0.17%

stock-summary
Debt Equity

-0.06

stock-summary
Return on Equity

12.19%

stock-summary
Price to Book

2.80

Revenue and Profits:
Net Sales:
318 Cr
(Quarterly Results - Dec 2025)
Net Profit:
33 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.17%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-7.97%
0.16%
-7.81%
6 Months
-6.14%
0.16%
-5.98%
1 Year
25.11%
0.21%
25.32%
2 Years
12.03%
0.17%
12.2%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Latest dividend: 0.5 per share ex-dividend date: Feb-04-2026

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Update On The Earlier Intimation Dated September 30 2025.

27-Mar-2026 | Source : BSE

Update on the earlier intimation dated September 30 2025.

Closure of Trading Window

27-Mar-2026 | Source : BSE

Closure of Trading Window from Wednesday April 1 2026 till 48 hours after declaration of Audited Financial Results for the quarter and year ending March 31 2026.

Announcement under Regulation 30 (LODR)-Change in Management

11-Mar-2026 | Source : BSE

The Board of Directors have approved the recommendation for appointment of M/s. Price Waterhouse Chartered Accountants LLP as the Statutory Auditors of the Company M/s. Flair Writing Industries Limited for the term of 5 years subject to the approval of Shareholders.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Flair Writing Industries Ltd has declared 10% dividend, ex-date: 04 Feb 26

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
11.30%
EBIT Growth (5y)
0.57%
EBIT to Interest (avg)
24.38
Debt to EBITDA (avg)
0.53
Net Debt to Equity (avg)
-0.06
Sales to Capital Employed (avg)
1.07
Tax Ratio
24.58%
Dividend Payout Ratio
8.81%
Pledged Shares
0
Institutional Holding
10.42%
ROCE (avg)
18.58%
ROE (avg)
11.98%

Valuation key factors

Factor
Value
P/E Ratio
22
Industry P/E
41
Price to Book Value
2.75
EV to EBIT
17.91
EV to EBITDA
13.58
EV to Capital Employed
2.86
EV to Sales
2.37
PEG Ratio
2.30
Dividend Yield
0.18%
ROCE (Latest)
14.99%
ROE (Latest)
12.19%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 3 Schemes (3.46%)

FIIs

Held by 12 FIIs (0.3%)

Promoter with highest holding

Khubilal Jugraj Rathod (15.74%)

Highest Public shareholder

Volrado Venture Partner Fund-iii-volrado (2.28%)

Individual Investors Holdings

8.96%

stock-summaryFinancial
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          "val2": "60.36",
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          "chgp": "-23.13%",
          "chgp_class": "negative"
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  {
    "link": "half-yearly",
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    "alert": "No Half Yearly Results declared by Flair Writing"
  },
  {
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    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Flair Writing"
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  {
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    "alert": "No Annual Results declared by Flair Writing"
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]

Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
317.70
320.91
-1.00%
Operating Profit (PBDIT) excl Other Income
56.91
60.36
-5.72%
Interest
1.18
1.48
-20.27%
Exceptional Items
0.00
0.00
Consolidate Net Profit
32.74
42.59
-23.13%
Operating Profit Margin (Excl OI)
17.91%
18.81%
-0.90%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is -1.00% vs 11.22% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is -23.13% vs 48.71% in Sep 2025

stock-summaryCompany CV
About Flair Writing Industries Ltd stock-summary
stock-summary
Flair Writing Industries Ltd
Small Cap
Miscellaneous
Flair Writing Industries Limited was originally carried on as a Partnership Firm under the name `M/s Flair Writing Instruments' pursuant to a Deed of Partnership dated January 6, 1986. The Company converted into a Private Limited Company on August 12, 2016 as `Flair Writing Industries Private Limited'. which then converted to a Public Company and its name was changed to `Flair Writing Industries Limited' vide fresh Certificate of Incorporation dated May 30, 2018 issued by the RoC, Mumbai.
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