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Last Updated: April 2, 2026, 4:36 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 544030 | NSE: FLAIR

Flair Writing Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹250.30Overvalued by 13.39%vs CMP ₹289.00

P/E (26.2) × ROE (11.9%) × BV (₹100.00) × DY (0.35%)

₹136.74Overvalued by 52.69%vs CMP ₹289.00
MoS: -111.4% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹215.9723%Over (-25.3%)
Graham NumberEarnings₹157.6116%Over (-45.5%)
Earnings PowerEarnings₹86.2511%Over (-70.2%)
DCFCash Flow₹105.4314%Over (-63.5%)
Net Asset ValueAssets₹99.947%Over (-65.4%)
EV/EBITDAEnterprise₹173.329%Over (-40%)
Earnings YieldEarnings₹110.407%Over (-61.8%)
ROCE CapitalReturns₹29.097%Over (-89.9%)
Revenue MultipleRevenue₹89.985%Over (-68.9%)
Consensus (9 models)₹136.74100%Overvalued
Key Drivers: Wide model spread (₹29–₹216) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -13.7%

*Investments are subject to market risks

Investment Snapshot

58
Flair Writing Industries Ltd scores 58/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health63/100 · Moderate
ROCE 15.6% GoodROE 11.9% AverageD/E 0.49 ModerateInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money75/100 · Strong
FII holding up 0.24% (6mo) Slight increaseDII holding up 0.57% MF buyingPromoter holding at 78.6% Stable
Earnings Quality40/100 · Moderate
OPM stable around 18% SteadyWorking capital: 138 days Capital intensive
Quarterly Momentum50/100 · Moderate
Revenue (4Q): +10% YoY GrowingProfit (4Q): -1% YoY Declining
Industry Rank75/100 · Strong
P/E 26.2 vs industry 22.2 In-lineROCE 15.6% vs industry 9.4% Above peersROE 11.9% vs industry 9.7% Above peers3Y sales CAGR: 20% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:36 am

Market Cap 3,048 Cr.
Current Price 289
Intrinsic Value₹136.74
High / Low 357/213
Stock P/E26.2
Book Value 100.0
Dividend Yield0.35 %
ROCE15.6 %
ROE11.9 %
Face Value 5.00
PEG Ratio-1.91

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Flair Writing Industries Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Flair Writing Industries Ltd 3,048 Cr. 289 357/21326.2 100.00.35 %15.6 %11.9 % 5.00
Navneet Education Ltd 2,882 Cr. 130 168/12116.5 87.82.30 %14.8 %12.6 % 2.00
DB Corp Ltd 3,434 Cr. 193 292/18510.7 1296.23 %21.1 %16.7 % 10.0
D B Corp Ltd 3,434 Cr. 193 292/18510.7 1296.23 %21.1 %16.7 % 10.0
TCPL Packaging Ltd 2,175 Cr. 2,390 4,550/2,20018.3 7401.26 %20.0 %23.8 % 10.0
Industry Average2,188.25 Cr348.7922.17208.401.31%9.39%9.68%6.27

All Competitor Stocks of Flair Writing Industries Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 224244230244215229222242229257242263256
Expenses 173197183194182185187199194218204220220
Operating Profit 51474851334435433539384336
OPM % 23%19%21%21%15%19%16%18%15%15%16%16%14%
Other Income 323468891088149
Interest 2322211111111
Depreciation 6677888899999
Profit before tax 45404245294335433637364736
Tax % 27%26%25%25%26%25%26%25%25%27%26%22%29%
Net Profit 33303133213226322728273625
EPS in Rs 14.133.183.323.572.033.082.443.032.562.612.573.462.40

Last Updated: February 2, 2026, 12:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 5:16 am

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 5036135812895549039199491,018
Expenses 410495488267461732743797862
Operating Profit 93117932393171176153156
OPM % 18%19%16%8%17%19%19%16%15%
Other Income 755121114203538
Interest 1718151199843
Depreciation 151823222324293335
Profit before tax 678660272151158151156
Tax % 21%24%36%72%25%26%25%26%
Net Profit 536538054112118112116
EPS in Rs 2,444.6027.8416.330.2123.0811.9511.2110.6411.04
Dividend Payout % 0%0%0%0%0%0%0%9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192019-20202020-20212022-20232023-20242024-2025
YoY Net Profit Growth (%)22.64%-41.54%-100.00%107.41%5.36%-5.08%
Change in YoY Net Profit Growth (%)0.00%-64.18%-58.46%207.41%-102.05%-10.44%

Flair Writing Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2024-2025.

Growth

Last Updated: September 5, 2025, 3:30 pm

Balance Sheet

Last Updated: March 3, 2026, 2:58 am

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 0.222323232347535353
Reserves 1581992362362903798369491,001
Borrowings 16919616812211899563932
Other Liabilities 8411111385107109128116149
Total Liabilities 4125295394675396341,0731,1561,235
Fixed Assets 144182195178181200251294291
CWIP 830002201233
Investments 000160443588
Other Assets 260343344273358429799815823
Total Assets 4125295394675396341,0731,1561,235

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 453670237910658
Cash from Investing Activity + -51-52-16-8-46-328-29
Cash from Financing Activity + 017-57-15-32274-28
Net Cash Flow -61-3-00512
Free Cash Flow -6-1668-33430-3
CFO/OP 75%45%312%36%71%86%62%

Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-76.00-79.00-75.00-99.00-25.0072.00120.00114.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 849610313993657783
Inventory Days 123147180287220138147165
Days Payable 7671718558394534
Cash Conversion Cycle 130172211341255164178214
Working Capital Days 11013415123214285117138
ROCE %28%18%3%20%34%23%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 78.59%78.59%78.59%78.59%78.59%78.59%78.59%78.59%78.59%
FIIs 1.38%0.25%0.14%0.02%0.09%0.06%0.05%0.44%0.30%
DIIs 9.57%10.85%11.34%11.37%10.51%9.55%10.23%10.58%10.12%
Public 10.46%10.30%9.92%10.02%10.82%11.80%11.14%10.39%10.99%
No. of Shareholders 84,16081,50074,07467,55665,52666,66163,57156,56055,545

Shareholding Pattern Chart

No. of Shareholders

Flair Writing Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Consumption Opportunities Fund 1,550,000 1.61 47.761,550,0002025-04-22 15:16:180%
Bandhan Small Cap Fund 1,087,779 0.16 33.521,081,7792026-02-23 03:11:260.55%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 5.005.005.0010.0010.00
Basic EPS (Rs.) 11.3512.1912.665.910.11
Diluted EPS (Rs.) 11.3512.1912.665.910.11
Cash EPS (Rs.) 15.5414.7315.5734.0610.03
Book Value[Excl.RevalReserv]/Share (Rs.) 96.6385.2746.60135.77112.05
Book Value[Incl.RevalReserv]/Share (Rs.) 96.6385.2746.60135.77112.05
Revenue From Operations / Share (Rs.) 102.4692.86100.94247.31127.63
PBDIT / Share (Rs.) 19.8619.5220.9046.1815.37
PBIT / Share (Rs.) 15.6216.0317.9735.745.76
PBT / Share (Rs.) 15.1215.0717.0031.460.91
Net Profit / Share (Rs.) 11.3011.2412.6523.620.42
NP After MI And SOA / Share (Rs.) 11.3511.2912.6623.620.42
PBDIT Margin (%) 19.3821.0220.7018.6712.04
PBIT Margin (%) 15.2417.2617.8014.454.51
PBT Margin (%) 14.7516.2216.8412.720.71
Net Profit Margin (%) 11.0212.1012.529.550.33
NP After MI And SOA Margin (%) 11.0712.1512.549.550.33
Return on Networth / Equity (%) 11.7413.2327.1717.390.37
Return on Capital Employeed (%) 15.2017.4733.5420.403.39
Return On Assets (%) 9.8110.7317.279.890.20
Long Term Debt / Equity (X) 0.020.030.090.230.42
Total Debt / Equity (X) 0.020.040.260.390.49
Asset Turnover Ratio (%) 0.921.091.521.110.00
Current Ratio (X) 5.435.082.232.373.41
Quick Ratio (X) 3.323.471.071.131.84
Inventory Turnover Ratio (X) 4.212.262.552.110.00
Interest Coverage Ratio (X) 39.7920.2721.6710.783.17
Interest Coverage Ratio (Post Tax) (X) 23.6412.6714.126.521.09
Enterprise Value (Cr.) 2290.432455.230.000.000.00
EV / Net Operating Revenue (X) 2.122.510.000.000.00
EV / EBITDA (X) 10.9411.930.000.000.00
MarketCap / Net Operating Revenue (X) 2.202.700.000.000.00
Price / BV (X) 2.332.940.000.000.00
Price / Net Operating Revenue (X) 2.202.700.000.000.00
EarningsYield 0.050.040.000.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Flair Writing Industries Ltd is a Public Limited Listed company incorporated on 12/08/2016 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L51100MH2016PLC284727 and registration number is 284727. Currently Company is involved in the business activities of Manufacture of stationary articles such as pens and pencils of all kinds whether or not mechanical, pencil leads, date, sealing or numbering stamps, hand-operated devices for printing or embossing labels, hand printing sets, prepared typewriter ribbons and inked pads, globes etc.. Company's Total Operating Revenue is Rs. 949.31 Cr. and Equity Capital is Rs. 52.70 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Printing/Publishing/StationeryFlair House Plot No. A/64, Cross Road � A, Mumbai Maharashtra 400093Contact not found
Management
NamePosition Held
Mr. Khubilal Jugraj RathodChairman & Wholetime Director
Mr. Vimalchand Jugraj RathodManaging Director
Mr. Rajesh Khubilal RathodWhole Time Director
Mr. Mohit Khubilal RathodWhole Time Director
Mr. Sumit RathodWhole Time Director
Mr. Punit SaxenaIndependent Director
Mr. Rajneesh BhandariIndependent Director
Mr. Manoj Vinod LalwaniIndependent Director
Ms. Sheetal Bhanot ShettyIndependent Director
Mr. Deven Bipin ShahIndependent Director

FAQ

What is the intrinsic value of Flair Writing Industries Ltd and is it undervalued?

As of 18 April 2026, Flair Writing Industries Ltd's intrinsic value is ₹136.74, which is 52.69% lower than the current market price of ₹289.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (11.9 %), book value (₹100.0), dividend yield (0.35 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Flair Writing Industries Ltd?

Flair Writing Industries Ltd is trading at ₹289.00 as of 18 April 2026, with a FY2026-2027 high of ₹357 and low of ₹213. The stock is currently in the middle of its 52-week range. Market cap stands at ₹3,048 Cr..

How does Flair Writing Industries Ltd's P/E ratio compare to its industry?

Flair Writing Industries Ltd has a P/E ratio of 26.2, which is above the industry average of 22.17. The premium over industry average may reflect growth expectations or speculative interest.

Is Flair Writing Industries Ltd financially healthy?

Key indicators for Flair Writing Industries Ltd: ROCE of 15.6 % indicates efficient capital utilization. Dividend yield is 0.35 %.

Is Flair Writing Industries Ltd profitable and how is the profit trend?

Flair Writing Industries Ltd reported a net profit of ₹112 Cr in Mar 2025 on revenue of ₹949 Cr. Compared to ₹54 Cr in Mar 2022, the net profit shows an improving trend.

Does Flair Writing Industries Ltd pay dividends?

Flair Writing Industries Ltd has a dividend yield of 0.35 % at the current price of ₹289.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Flair Writing Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE