Flair Writing Industries Limited (FLAIR) AI Stock Analysis

• Market Cap: ₹33.53B
• Dividend Yield: 0.31%
• Average Volume (3M): 12.86K
• Price to Earnings (P/E): 27.8
• Beta (1Y): 0.95
• Revenue Growth: 14.51%
• EPS Growth: 2.24%
• Country: IN
• Employees: 5,311
• Sector: Consumer Defensive
• Sector Strength: 48
• Industry: Business Equipment & Supplies
• EPS (TTM): 2.70
• Shares Outstanding: 105,395,380
• 10 Day Avg. Volume: 5,514
• 30 Day Avg. Volume: 12,864
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹385.00
• Price Target Upside: 21.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ₹385.00 ▲(21.01% Upside)

Flair Writing Industries Limited is well-positioned with robust financial performance and technical momentum. However, the stock's valuation suggests it may be overvalued, and negative free cash flows indicate a need for improved cash management. These factors balance the overall stock score.

Flair Writing Industries Limited Business Overview & Revenue Model

Company Description

Flair Writing Industries Limited (FLAIR) is a leading manufacturer and distributor in the writing instruments industry. The company specializes in producing a wide range of writing products including pens, markers, and stationary items, catering to both educational and professional sectors. With a commitment to quality and innovation, FLAIR has established a strong brand presence across multiple international markets.

How the Company Makes Money

FLAIR generates revenue primarily through the direct sale of its writing instruments and stationary products to retailers, wholesalers, and educational institutions. The company benefits from a diverse product line that appeals to various consumer segments, ensuring a steady demand across different markets. Additionally, FLAIR partners with distributors and leverages online sales platforms to enhance its market reach and accessibility. Strategic partnerships with educational organizations and corporate entities also contribute to its revenue streams by securing bulk purchase agreements, which are significant contributors to its overall earnings.

Flair Writing Industries Limited Financial Statement Overview

Summary

Flair Writing Industries Limited has demonstrated strong revenue growth and profitability, supported by a solid balance sheet with low leverage. Despite positive operating cash flows, negative free cash flows due to high capital expenditures indicate a need for improved cash management.

Income Statement

Flair Writing Industries Limited has shown impressive growth in revenue, with a significant increase from the previous year, indicating strong market demand and competitive positioning. The gross profit margin improved considerably, suggesting enhanced operational efficiency. The EBIT and EBITDA margins are robust, reinforcing the company's profitability. However, while the net profit margin remains stable, it hasn't increased at the same rate as revenue, suggesting potential areas for cost optimization.

Balance Sheet

The company's balance sheet is strong, with a healthy equity ratio indicating financial stability and a low debt-to-equity ratio that minimizes financial risk. Return on equity has remained solid, reflecting effective use of shareholders' capital. However, total debt levels have slightly increased, which could pose a risk if not managed carefully.

Cash Flow

Cash flow analysis reveals a challenging scenario with negative free cash flows, primarily due to high capital expenditures. Despite this, operating cash flow remains positive, suggesting the core business is generating cash. The operating cash flow to net income ratio indicates efficient cash generation from operations, but the free cash flow to net income ratio highlights potential liquidity concerns that need addressing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.80B	10.80B	9.69B	9.35B	5.70B	2.92B
Gross Profit	4.99B	5.48B	2.22B	2.11B	1.27B	318.84M
EBITDA	2.00B	1.85B	2.06B	1.95B	1.08B	361.20M
Net Income	1.20B	1.20B	1.19B	1.17B	551.51M	9.89M
Balance Sheet
Total Assets	12.18B	12.18B	11.08B	6.84B	5.58B	4.81B
Cash, Cash Equivalents and Short-Term Investments	1.45B	1.45B	2.34B	7.94M	3.33M	169.97M
Total Debt	618.29M	618.29M	688.47M	1.23B	1.31B	1.38B
Total Liabilities	2.00B	2.00B	2.09B	2.49B	2.39B	2.19B
Stockholders Equity	10.18B	10.18B	8.99B	4.35B	3.18B	2.62B
Cash Flow
Free Cash Flow	0.00	-794.59M	-325.15M	143.64M	-120.71M	495.22M
Operating Cash Flow	0.00	543.50M	776.40M	888.39M	271.71M	598.90M
Investing Cash Flow	0.00	-244.10M	-2.85B	-735.94M	-202.56M	-186.33M
Financing Cash Flow	0.00	-253.10M	2.59B	-238.26M	-158.83M	-441.74M

Flair Writing Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 318.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FLAIR, the sentiment is Positive. The current price of 318.15 is above the 20-day moving average (MA) of 313.21, above the 50-day MA of 307.95, and above the 200-day MA of 270.23, indicating a bullish trend. The MACD of 0.67 indicates Positive momentum. The RSI at 54.08 is Neutral, neither overbought nor oversold. The STOCH value of 58.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:FLAIR.

Flair Writing Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FLAIR	75 Outperform	₹33.53B	27.82		0.31%	14.51%	2.24%
Sector *	63 Neutral	$20.49B	14.78	-2.88%	3.11%	1.86%	-5.76%
EVEREADY	62 Neutral	₹32.63B	39.17		0.36%	5.32%	16.91%
ICEMAKE	60 Neutral	₹11.54B	64.19		0.27%	31.56%	-26.94%
KOKUYOCMLN	53 Neutral	₹11.57B	194.41		0.43%	-6.05%	-100.84%
OSWALAGRO	―	₹10.49B	8.31		―	―	―
OSWALGREEN	―	₹10.51B	100.73		―	―	―