Flair Writing Industries Limited , a leading stationery and writing instruments company, has reported a strong performance for the first quarter, with significant growth across its key business segments.

Financial Highlights

• Revenue from operations reached ₹288.50 crores, marking a 16.8% year-on-year increase
• EBITDA grew by 17.9% to ₹49.50 crores, with margins improving to 17.2%
• Profit after tax increased by 10.5% to ₹29.00 crores

Segment Performance

Creative Segment

The Creative segment emerged as the standout performer, registering an impressive 77% growth to ₹65.00 crores. This surge was attributed to new product innovations and increased in-house manufacturing capacity. The company expanded its Creative product portfolio to 223 offerings and aims to increase in-house manufacturing from the current 70% to 80-85% in the coming quarters.

Own Brand Sales

Own Brand sales grew by 23% to ₹264.00 crores, demonstrating strong demand in both domestic and export markets.

Pens Segment

The pens segment showed modest growth of 3% to ₹202.00 crores. The company maintains a positive outlook for this segment, expecting high single-digit growth in the future.

Steel Bottles

The steel bottles segment expanded significantly by 55% to ₹13.00 crores, indicating growing consumer interest in this product category.

Strategic Initiatives

Flair Writing Industries is undertaking several strategic initiatives to support its growth trajectory:

1. Capacity Expansion: The company is constructing a new 2 lakh square feet manufacturing facility in Valsad, with orders placed for 60 injection molding machines.

2. In-house Manufacturing: There is a focused effort to increase in-house manufacturing across segments, particularly in the Creative category.

3. Product Innovation: The company continues to introduce new products across all price segments, driving growth in various categories.

4. Distribution Expansion: Flair has reached 68,000 outlets for its Creative segment and is now focusing on increasing per-outlet sales.

Management Commentary

Mr. Vimalchand Rathod, Managing Director of Flair Writing Industries, commented on the results: "We delivered strong revenue growth in Q1, mainly driven by our own brand portfolio. It was heartening to see that both domestic and export markets demonstrated robust demand for our branded products."

The management maintains its revenue growth guidance of 15-16% CAGR over the medium term, with the Creative segment expected to continue its strong performance at 45-50% growth.

Outlook

With its ongoing capacity expansion, focus on in-house manufacturing, and continued product innovations, Flair Writing Industries appears well-positioned to capitalize on the growing demand for its products across various segments. The company's strategic initiatives and strong performance in the Creative and steel bottles segments are expected to drive growth in the coming quarters.

As Flair Writing Industries continues to expand its product portfolio and manufacturing capabilities, it aims to strengthen its position in the stationery and writing instruments market, both domestically and internationally.

Flair Writing Industries Limited , a leading player in the writing instruments industry, has announced a significant expansion plan and reported robust financial results for the first quarter of fiscal year 2026.

₹90 Crore Expansion Plan

The company has revealed a ₹90 crore capital expenditure-led expansion plan aimed at strengthening its premium portfolio and entering new categories. This strategic move is designed to support Flair Writing's ambitious growth targets, including:

• A revenue compound annual growth rate (CAGR) of 14-15%
• Achieving ₹100 crore in steelware revenue by FY27

New Manufacturing Facility

As part of its expansion strategy, Flair Writing has ordered 50 injection moulding machines for its new 200,000 square feet facility in Valsad. This state-of-the-art facility is expected to:

• Enhance operations in the pens and creative segments
• Improve collaboration in these areas
• Provide fresh growth opportunities

The company's management emphasized that this new facility will play a crucial role in building a robust future for Flair Writing.

Q1 FY26 Financial Highlights

Flair Writing has reported strong financial performance for the quarter ended June 30, 2025:

The company's EBITDA margin improved to 17.2% in Q1 FY26, up from 17.0% in the same quarter last year.

Segment Performance

Flair Writing witnessed growth across its business segments:

• Pens: Revenue grew by 3% year-on-year to ₹202 crore
• Creative Segment: Reported an impressive 77% year-on-year growth, reaching ₹65 crore
• Steel Bottles & Houseware: Revenue increased by 55% to ₹13 crore

Strategic Initiatives

The company highlighted several key initiatives:

1. Own Brand Sales: Grew by 23% year-on-year, reaching ₹264 crore
2. New Product Launches: Introduced 22 new products across categories during the quarter
3. Digital Transformation: Plans to replace legacy ERP system with an enterprise-grade solution
4. Sustainable Practices: Commissioned a 1.85 MW rooftop solar power project at Valsad and Daman units

Management Commentary

Mr. Vimalchand Rathod, Managing Director of Flair Writing Industries Limited, stated, "We are pleased to report a solid start to FY26 with robust Revenue & EBITDA growth in Q1, primarily fuelled by the continued market acceptance of our products. Our strategic investments and innovation-led initiatives will continue as we look to set a strong foundation for the future."

Flair Writing's expansion plans and strong Q1 performance demonstrate the company's commitment to growth and innovation in the writing instruments and stationery sector. With its focus on premium products, new categories, and operational enhancements, Flair Writing appears well-positioned to capitalize on market opportunities and drive sustainable growth in the coming years.