Flair Writing Industries Limited
Incorporated in 1976, Flair Writing Industries (Flair) is engaged in developing and manufacturing writing instruments and is among the Top 3 players in the overall writing instruments industry
What Flair files
- Others64
- Investor Meet37
- Updates20
- Important14
- Board Meeting14
- PPTs8
Flair Writing Industries invested ₹100.01 Cr in its wholly-owned subsidiary, Flair Writing Equipments, via a rights issue. This strengthens the subsidiary's finances, supports business growth, and helps repay debt.
Flair Writing received a GST Show Cause Notice for FY22-23, quantifying dues at Rs. 0.26 Cr (previously Rs. 0.79 Cr). The company will respond, expecting no material financial or operational impact.
Flair Writing reported Q1 FY27 revenue of ₹319.2 Cr (+10.6% YoY) and PAT of ₹29.1 Cr (+0.5% YoY). Strong growth in Creative (+23% YoY) and Steel Bottles (+54% YoY) segments. New product launches and a 35% capacity expansion by Q4 FY27 at subsidiary FCIPL are key drivers.
Flair's subsidiary ordered a 4th stainless steel bottle line, boosting capacity by 35%. This expansion targets growing demand and enhances efficiency. The houseware and steel bottle segments, contributing 31% to FY26 revenue (₹1,250.1 Cr), anticipate 35-38% share in FY27.
Flair Writing secured new orders totaling ₹20 Cr for its Creative and Steel Bottles & Houseware divisions. These margin-accretive orders, to be executed in 90 days, are expected to significantly boost these divisions' revenue contribution to 38-40%.