Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Sep
Source: Bse
Flair Writing Industries Limited (FLAIR)
Small CapConsumer stocks · Small cap · NSE
Flair Writing Industries Limited operates in Writing Instruments, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:34 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
28Bearishfull bear SMA stack · SMA20 -4.4% / mo · MACD + · near 52W low · sector -4.6pp vs Nifty 500 (3M)
Stock trend: 26
Sector RS: 31
Sector 3M: -10.2% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
FLAIRD candles · FIT view-30.2%Latest close ₹227.44 on 2026-10-21
Bar
-3.6%
RSI
42
MACD hist
0.93
52W pos
8%
2026-10-21O ₹236.00H ₹236.00L ₹225.92C ₹227.44Vol 65,277 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
FLAIRNifty Consumer DurablesNifty 500
- FLAIR
- -8.5%
- Nifty 500
- -6.5%
- Nifty Consumer Durables
- -11.0%
- Vs Nifty 500
- -2.1 pp
Chart stats
21 Oct 2026- From 52W high
- -34.1%
- 52W range position
- 8%
- ATR (14)
- 3.2%
- Volume vs 20D
- 1.01x
- Avg traded value
- ₹1.5 Cr
- 20D price channel
- ₹216.8 - ₹248
₹345
₹216.8 - ₹345
₹7.2
Latest completed session
20-session average
25.8% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED60
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +10.4% · PAT +0.0% YoY
Technical
Bearish28
Price trend and sector-relative-strength timing.
Valuation
Legacy model+48.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence78
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT 0% YoY · margin compression · Rev +10% YoY
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹319 Cr | +10.4% | -1.2% |
| EBITDA | ₹53 Cr | +6.0% | -8.6% |
| Operating margin | 17.0% | +0 bps | -100 bps |
| PAT | ₹29 Cr | +0.0% | -21.6% |
| PAT margin | 9.1% | -94 bps | -237 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 17.10
- P/B
- 2.09
- EV/EBITDA
- 8.66
- Market Cap
- 2386.00Cr
Profitability
- ROE
- 12.90%
- ROCE
- 16.80%
- ROA
- 10.31%
- Dividend Y
- 0.44%
Growth (CAGR)
- Revenue 5Y
- 33.00%
- EPS 5Y
- 170.00%
- Revenue 3Y
- 10.00%
- EPS 3Y
- 6.00%
Balance Sheet
- Debt/Equity
- 0.06
- Interest Coverage
- 45.60×
- Altman Z
- 8.90
- Book Value
- 108.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 5/5
- OCF
- 137.00 Cr
- EPS TTM
- 13.26
Shareholding
- Promoter Hold
- 78.59%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 7%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 319-1.2% vs prev
Net Profit
₹ CrLatest: 29.0-21.6% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 42.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~4.6% over last month) — short-term momentum negative.
- RSI(14) at 42 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
27
RS percentile
Stage 4 Downtrend
1M return
-4.8%
3M return
-8.5%
6M return
-30.9%
1Y return
-25.2%
RS 1D
0
RS 20D
+6
Sector rank
#8
Industry rank
#74
Stage evidence
- Price is 16.7% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -3.6%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 78.51-1.58%
RS vs Nifty 50079
Valuation & peers
U-Score 60 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 60 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Growth at Value
Fundamental score breakdown
U band · UNDERVALUEDValuation14/30
Growth20/25
Quality5/20
Balance Sheet11/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
60
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
60/100 · legacy band UNDERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 48.5%.
- Growth contributes 20/25 to the score.
Main drags
- Quality is weaker at 5/20; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
- Valuation is weaker at 14/30; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
17.1
PB
2.1
EV/EBITDA
8.7
ROE
12.9%
ROCE
16.8%
FCF Yield
—
Debt/Equity
0.1
MoS
+48.5%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
60
Previous: 60
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+48.5%
Previous: +47.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
60
60
60
60
60
60
60
60
60
60
60
60
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹179.5
-26.7% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹441.56
+48.5% MoS
PEG
0.16
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
KOKUYOCMLN
Small
Kokuyo Camlin Limited
Consumer Goods
match 123
34
50.2
6.2%
-41%
WATCHLIST
DOMS
Large
DOMS Industries Limited
Consumer Goods
match 122
54
58.4
20.7%
-29%
FAIR VALUE
GOLDENTOBC
Small
Golden Tobacco Limited
Consumer Goods
match 121
43
7.8
—
+83%
WATCHLIST
BANARBEADS
Small
Banaras Beads Limited
Consumer Goods
match 118
10
40.4
3.1%
-675%
OVERVALUED
BAJAJCON
Small
Bajaj Consumer Care Limited
Consumer Goods
match 115
46
24.6
24.7%
-325%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Flair Writing Industries Limited operates in Writing Instruments, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
78Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 86th percentile of the scored universe and 91st percentile within Consumer. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
49 docs text-extracted · 22 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
86th percentile
overall median 67 · Consumer: 91st pctile, median 66 · Small: 89th pctile, median 66
Evidence depth
Financial-only
49 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 78.6%.
- ▸Promoter pledge is zero.
- ▸5 years of positive FCF.
- ▸Debt/equity is 0.06.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Flair Writing Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep - Schedule of Investor Meet- Anand Rathi Annual Flagship Conference - G-200 Summit 2026.
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 27 Aug - AGM on August 27, 2026 approved Price Waterhouse Chartered Accountants LLP as statutory auditor for five years.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - 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.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Aug - Q1 FY27 revenue rose 10.6% to Rs 319.2 crore; subsidiary adding fourth line by Q4 FY27.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Jun - Schedule of Investors Meet at NBIE Virtual Group Investor Conference
Source: Bse
Concall transcriptMay 2026
May 2026 · Transcript
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.