---
title: "Flair Writing Industries Ltd (FLAIR) — Share Price, Financials & Analysis"
symbol: "FLAIR"
company: "Flair Writing Industries Ltd"
canonical: "https://tapetide.com/stocks/FLAIR"
isin: "INE00Y201027"
nse_symbol: "FLAIR"
bse_code: "544030"
sector: "Consumer Goods"
industry: "Stationary"
market_cap_cr: 2492.92
generated_at: "2026-09-13T18:46:39.195Z"
---

# Flair Writing Industries Ltd (FLAIR)

Canonical page: https://tapetide.com/stocks/FLAIR

## Company

- **NSE Symbol:** FLAIR
- **BSE Code:** 544030
- **ISIN:** INE00Y201027
- **Sector:** Consumer Goods
- **Industry:** Stationary
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2023-12-01
- **CEO:** Mr. Khubilal Jugraj Rathod
- **Employees:** 5441
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** flairworld.in

## About

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 [1]

## Latest Price

- **Price:** ₹236.08
- **Change:** -2.46 (-1.03%)
- **Open:** ₹234.86
- **Day High:** ₹238.43
- **Day Low:** ₹234.01
- **Previous Close:** ₹238.54
- **Volume:** 71616
- **As Of:** 2026-09-11T09:59:52+00:00

## Key Fundamentals

Observed at 2026-09-11T04:40:49.443083Z.

- **Market Cap:** ₹2492.92 Cr
- **Classification:** Microcap
- **P/E (reported):** 17.8
- **P/E (TTM):** 17.8
- **EPS (TTM):** ₹13.26
- **EPS (reported):** ₹10.75
- **Book Value:** ₹108.32
- **Price to Book:** 2.2
- **Dividend Yield:** 0.42%
- **ROE:** 12.37%
- **ROCE:** 15.84%
- **Debt to Equity:** 0.06
- **Revenue (yearly):** ₹1270.9 Cr
- **Net Income:** ₹141.3 Cr
- **EBITDA:** ₹245.3 Cr
- **52-Week High:** ₹345
- **52-Week Low:** ₹234.95
- **RSI (14):** 33.91

## Tapetide Score

- **Score:** 53 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 61 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 87.86 | 9% |
| growth | 66.25 | 9% |
| momentum | 16.3 | 12% |
| ownership | 50.8 | 24% |
| quality | 61.58 | 22% |
| valuation | 46.27 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of 14.0% over last 3 years.
- Dividend payout has been low at 4.19% of profits over last 3 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 147.39% | 76.69% | 298.66% |
| ebitda margin growth | -14.15% | 1.85% | -6.85% | 5.18% |
| net income growth | -20.27% | 18.64% | 6% | 170% |
| revenue growth | -2.52% | 15.07% | 10% | 33% |
| roce | -19.31% | 4.14% | -9.33% | 20.5% |
| roe | -20.37% | 5.73% | 12.42% | -28.91% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 257 | 225 | 250 | 247 | 270 | 265 | 298 | 289 | 321 | 318 | 323 | 319 |
| Expenses | 203 | 190 | 200 | 205 | 220 | 219 | 251 | 239 | 261 | 261 | 265 | 266 |
| Operating Profit | 54 | 35 | 51 | 42 | 51 | 45 | 47 | 50 | 60 | 57 | 58 | 53 |
| OPM % | 21 | 15 | 20 | 17 | 19 | 17 | 16 | 17 | 19 | 18 | 18 | 17 |
| Other Income | 3 | 4 | 6 | 5 | 5 | 7 | 8 | 3 | 9 | 3 | 6 | 1 |
| Interest | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 9 | 9 | 10 | 10 | 11 | 12 | 12 | 13 | 13 | 13 | 14 | 14 |
| Profit before tax | 44 | 26 | 45 | 35 | 44 | 39 | 41 | 39 | 54 | 45 | 49 | 39 |
| Tax % | 25 | 27 | 25 | 26 | 25 | 25 | 26 | 25 | 21 | 27 | 25 | 25 |
| Net Profit | 33 | 19 | 34 | 26 | 33 | 29 | 31 | 29 | 43 | 33 | 37 | 29 |
| EPS in Rs | 3.57 | 1.82 | 3.26 | 2.51 | 3.12 | 2.78 | 2.93 | 2.72 | 4.04 | 3.11 | 3.4 | 2.71 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 419 | 573 | 298 | 577 | 942 | 979 | 1080 | 1250 | 1281 |
| Expenses | 333 | 478 | 275 | 480 | 758 | 787 | 895 | 1025 | 1052 |
| Operating Profit | 86 | 95 | 23 | 98 | 184 | 192 | 185 | 225 | 228 |
| OPM % | 20 | 17 | 8 | 17 | 20 | 20 | 17 | 18 | 18 |
| Other Income | 4 | 6 | 13 | 10 | 12 | 15 | 24 | 21 | 19 |
| Interest | 9 | 17 | 12 | 9 | 9 | 11 | 5 | 6 | 5 |
| Depreciation | 12 | 15 | 22 | 24 | 27 | 37 | 45 | 53 | 55 |
| Profit before tax | 69 | 69 | 2 | 74 | 159 | 159 | 159 | 187 | 187 |
| Tax % | 27 | 29 | 55 | 24 | 26 | 25 | 25 | 24 | — |
| Net Profit | 50 | 49 | 1 | 56 | 118 | 118 | 119 | 141 | 141 |
| EPS in Rs | 2512 | 2255.49 | 0.42 | 24.08 | 12.66 | 11.29 | 11.35 | 13.26 | 13.26 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 4 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 23 | 23 | 47 | 53 | 53 | 53 |
| Reserves | 171 | 259 | 238 | 295 | 388 | 846 | 966 | 1089 |
| Borrowings | 94 | 89 | 130 | 126 | 123 | 69 | 62 | 66 |
| Other Liabilities | 86 | 89 | 89 | 113 | 126 | 140 | 138 | 159 |
| Total Liabilities | 354 | 440 | 481 | 558 | 684 | 1108 | 1218 | 1367 |
| Fixed Assets | 119 | 144 | 186 | 196 | 250 | 327 | 427 | 482 |
| CWIP | 2 | 8 | 0 | 2 | 2 | 20 | 23 | 60 |
| Investments | 0 | 0 | 16 | 0 | 0 | 0 | 31 | 120 |
| Other Assets | 233 | 288 | 279 | 360 | 433 | 760 | 737 | 705 |
| Total Assets | 354 | 440 | 481 | 558 | 684 | 1108 | 1218 | 1367 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 64 | 35 | 67 | 34 | 96 | 78 | 55 | 137 |
| Cash from Investing Activity | -27 | -44 | -16 | -19 | -74 | -285 | -26 | -161 |
| Cash from Financing Activity | -31 | 4 | -55 | -16 | -22 | 259 | -25 | -22 |
| Net Cash Flow | 5 | -5 | -3 | 0 | 0 | 51 | 5 | -45 |
| Free Cash Flow | 36 | -10 | 62 | -2 | 22 | -32 | -78 | -1 |
| CFO/OP | 94 | 65 | 291 | 46 | 76 | 65 | 51 | 81 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 75 | 76 | 142 | 93 | 66 | 80 | 88 | 80 |
| Inventory Days | 132 | 103 | 288 | 218 | 153 | 170 | 197 | 211 |
| Days Payable | 89 | 69 | 90 | 60 | 46 | 49 | 37 | 40 |
| Cash Conversion Cycle | 118 | 110 | 340 | 252 | 174 | 201 | 247 | 251 |
| Working Capital Days | 84 | 108 | 224 | 129 | 88 | 127 | 154 | 150 |
| ROCE % | — | 28 | — | 20 | 33 | 22 | 16 | 17 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% | 78.59% |
| FIIs | 0% | 1.38% | 0.25% | 0.14% | 0.02% | 0.09% | 0.06% | 0.05% | 0.44% | 0.3% | 0.3% | 0.77% |
| DIIs | 6.17% | 6.44% | 10.86% | 11.35% | 11.37% | 10.51% | 9.55% | 10.23% | 10.58% | 10.12% | 10.34% | 10.25% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 9.15% | 8.05% | 8.67% | 8.28% | 8.22% | 8.72% | 9.95% | 9.42% | 8.56% | 8.96% | 8.6% | 7.99% |
| Others | 6.09% | 5.53% | 1.63% | 1.64% | 1.8% | 2.1% | 1.85% | 1.72% | 1.83% | 2.03% | 2.17% | 2.4% |
| No. of Shareholders | 143691 | 84160 | 81500 | 74074 | 67556 | 65526 | 66661 | 63571 | 56560 | 55545 | 51355 | 50418 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 242.8 | Sell |
| EMA (10) | 241.63 | Sell |
| SMA (20) | 246.77 | Sell |
| EMA (20) | 245.24 | Sell |
| SMA (50) | 251.75 | Sell |
| EMA (50) | 254.23 | Sell |
| SMA (100) | 275.8 | Sell |
| EMA (100) | 267.83 | Sell |
| SMA (200) | 290.57 | Sell |
| EMA (200) | 278.67 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.32 | Neutral |
| MACD (12,26,9) | -4.43 | Sell |
| Stochastic (14,3,3) | 16.61 | Buy |
| ADX (14) | 13.14 | Neutral |
| Williams %R (14) | -88.98 | Buy |
| ATR (14) | 6.47 | Neutral |
| ROC (12) | -5.66 | Sell |
| Stoch RSI (14) | 4.13 | Buy |
| UO (7,14,28) | 29.12 | Buy |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 5 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 5 analyst ratings, observed at 2026-09-11T04:40:49.512885+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Updates On Acquisition Of Shares In A Wholly Owned Subsidiary](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c643e74-5485-4328-8d5c-26d0e09fa195.pdf) |
| 2026-08-31 | [Update On Earlier Intimation Dated February 11 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50293dd5-77df-4f5c-bf22-bddb70302f81.pdf) |
| 2026-08-29 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41e6d6c8-2c72-4c03-badf-d2d99a2aaad6.pdf) |
| 2026-08-27 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c7de435-65d8-425a-85bb-d21b518bdccc.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=463df341-161d-4b84-917e-75eab65082e4.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bd9f0e0f-cc2d-4c3a-aa74-28534e700f26.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a57e7848-3fe3-4937-bfed-8d3b21e37231.pdf) |
| 2026-08-11 | [General Updates- Press Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6fcb4279-9c1a-4289-b256-0b7b64fcd484.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 11 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=48efb732-1e5e-4d68-9f2e-1b14fb5d7937.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69ef3fa4-9486-43f7-909a-1c4d59eac030.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95449a98-51b1-462e-b857-c0b31164e64f.pdf) |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=13e9558b-e918-4535-b709-21b478a3694f.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a55eb7a-9350-454e-8643-986145a6f536.pdf) |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d484d85-aae0-4ba1-a550-fd067b43ff6a.pdf) |
| 2025-08-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66595645-74eb-4afb-b06c-24c3e81db2ca.pdf) |
| 2025-05-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d0ca1ab-76db-4370-ae54-23a75ae54071.pdf) |
| 2025-02-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=172c4762-3562-47c0-a6a9-46372fb5096e.pdf) |
| 2024-11-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbdf1f26-2684-4174-8e9a-4bc5dd4d4d0b.pdf) |
| 2024-08-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e886637-ca29-4d3d-8433-38a102bda7c5.pdf) |
| 2024-06-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39e3a9c6-7f10-4550-b6eb-450ed7c5ea47.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ab5069b-1543-4645-b43f-47ab24c39f9f.pdf) |
| 2026-05-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=40ea4d8c-ca6b-4c55-87fc-eda965f60ece.pdf) |
| 2026-01-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c645300a-ddd4-40c4-a16e-ea58445e8851.pdf) |
| 2025-11-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=220b9c7a-5df7-43bf-befe-2d20b1e88440.pdf) |
| 2025-07-29 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b6b6210-bff4-48a6-8fe7-598e260ea56d.pdf) |
| 2025-05-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c2251c2-26e3-4f44-bdb8-2dc22920af1b.pdf) |
| 2024-11-08 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a149dbbb-804d-4da7-953c-ceb55aa77e85.pdf) |
| 2024-08-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5dc67c1-faf7-4d16-a191-c69d931f4b0c.pdf) |
| 2024-05-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f57cf735-6680-4572-8223-ad88bf5a0820.pdf) |
| 2024-02-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86b3c769-406f-44ea-8490-1273c7145f18.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8b4da12-5a27-4f2c-83c7-cb28a732e744.pdf) |
| 2026-05-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5dd8b89a-8a7c-4e7b-a882-8d54e59af75c.pdf) |
| 2026-01-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5e56e15-10d8-414f-8fd2-2b1fc27c6b9b.pdf) |
| 2025-11-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=609bafd3-ddfa-4067-b1b2-daee12bca689.pdf) |
| 2025-07-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6490678a-508a-4296-a822-8ebb5194b875.pdf) |
| 2025-05-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50d32022-e03f-4290-bb8a-f7262ef31fc9.pdf) |
| 2025-01-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84b97a01-612a-4da7-bcb1-106b847a5530.pdf) |
| 2024-11-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6fac3c8-504a-4929-8e23-0cb7284fd288.pdf) |
| 2024-08-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=111d9470-42bd-420a-ac8a-69fed4c9827a.pdf) |
| 2024-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fea8b0bb-a1c6-4efb-9026-4f86b8911790.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-21 | [Financial Result For The Quarter And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1692c24-fdf1-4b88-9d90-b03b41afdac4.pdf) |
| 2026-01-29 | [Financial Results As On December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3789652b-057b-4782-82ef-6a72cbf337b9.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Copy of certificate received from our Registrar and Transfer Agent M/s. MUFG Intime India Private Limited for the quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Copy of certificate received from our Registrar and Transfer Agent M/s. MUFG Intime India Private Limited for the quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e890c0cb-076f-4e75-aef7-3c58c115b46f.pdf) |
| 8 May - Board meets May 21, 2026 to approve FY26 audited results and consider final dividend. | [Board Meeting Intimation for Consideration Of The Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Year Ended March 31, 2026 And To Consider Declaration Of Final Dividend For FY 2025-26. 8 May - Board meets May 21, 2026 to approve FY26 audited results and consider final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9793692a-ae1b-4bd1-bfdc-5cea032d8545.pdf) |
| 6 Feb - CGST Section 74 proceedings dropped; earlier IGST and penalty Rs.14,65,271 each; order received Feb 5, 2026. | [Order Of Dropping Of Proceedings 6 Feb - CGST Section 74 proceedings dropped; earlier IGST and penalty Rs.14,65,271 each; order received Feb 5, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2811dc1b-f878-4da7-beec-5aa3a77a894f.pdf) |
| 6 Feb - Appellate order reduced ITC to Rs.6,68,664 and penalty to Rs.66,886; received Feb 5, 2026. | [Modified Order By The GST Authority. 6 Feb - Appellate order reduced ITC to Rs.6,68,664 and penalty to Rs.66,886; received Feb 5, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e741885d-90a4-4015-9b96-02b321456bbd.pdf) |
| 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ending Mar 31, 2026. | [Closure of Trading Window 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ending Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/725e56aa-abd4-4c22-b289-787c653b9dd4.pdf) |
| 27 Mar - Order under Section 74: ITC demand Rs73.14L, penalty Rs73.14L; received March 27, 2026; appeal planned. | [Update On The Earlier Intimation Dated September 30, 2025. 27 Mar - Order under Section 74: ITC demand Rs73.14L, penalty Rs73.14L; received March 27, 2026; appeal planned.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a6007739-2962-4486-b8cb-0aab4acfc677.pdf) |
| 24 Feb - Flair starts wooden pencil production at Flomaxe (Surat); 84 million annual capacity; erasers and sharpeners also produced. | [General Update 24 Feb - Flair starts wooden pencil production at Flomaxe (Surat); 84 million annual capacity; erasers and sharpeners also produced.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/829b08f7-0782-48be-b59a-b02ba0404ee3.pdf) |
| 12h - The Company has scheduled an Earnings Conference Call on Friday, May 22, 2026 at 12:00 P.M. (Indian Standard Time) to discuss the Audited Financial Results … | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12h - The Company has scheduled an Earnings Conference Call on Friday, May 22, 2026 at 12:00 P.M. (Indian Standard Time) to discuss the Audited Financial Results …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a26bf422-0e88-4607-a651-1296188c2eb5.pdf) |
| 11 Mar - Board approved PwC as statutory auditor for five-year term from conclusion of 10th AGM; subject to shareholders. | [Announcement under Regulation 30 (LODR)-Change in Management 11 Mar - Board approved PwC as statutory auditor for five-year term from conclusion of 10th AGM; subject to shareholders.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e1e8bbb-eba6-4f12-b8d1-4177ac418241.pdf) |
| 11 Mar - Board approved PwC as statutory auditor for five-year term from 10th AGM, subject to shareholder approval (Mar 11, 2026). | [Board Meeting Outcome for Recommendation For Appointment Of Statutory Auditor 11 Mar - Board approved PwC as statutory auditor for five-year term from 10th AGM, subject to shareholder approval (Mar 11, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2bfdabbb-dece-4407-a508-acda005692f4.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d484d85-aae0-4ba1-a550-fd067b43ff6a.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cbdf1f26-2684-4174-8e9a-4bc5dd4d4d0b.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/13e9558b-e918-4535-b709-21b478a3694f.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/13e9558b-e918-4535-b709-21b478a3694f.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5dd8b89a-8a7c-4e7b-a882-8d54e59af75c.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5dd8b89a-8a7c-4e7b-a882-8d54e59af75c.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d0ca1ab-76db-4370-ae54-23a75ae54071.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39e3a9c6-7f10-4550-b6eb-450ed7c5ea47.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a55eb7a-9350-454e-8643-986145a6f536.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/172c4762-3562-47c0-a6a9-46372fb5096e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b2ed177-e333-470f-ba4e-e9259f12a3d9.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/23f46ca6-1380-47be-b0e4-d1b69c6fd2ad.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dcd12def-a666-4276-9d2e-43ed54196b5d.pdf) |

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