Flair Pens

Mumbai, India Founded: 1994 • Age: 32 yrs Listed
Brand of writing instruments
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About Flair Pens

Flair Pens is a publicly listed company based in Mumbai (India) founded in 1994 by Vimal Jugraj Rathod and Khubilal Jugraj Rathod. Brand of writing instruments. The company has 31 employees. Its website flairpens.com draws about 29 thousand monthly visits. Its Indian entity Flair Writing Industries Limited reported revenue of ₹1,271 Cr. Flair Pens offers products and services including Metal Pens and Ball Pens. Its focus areas include Consumer Goods, Stationery & Gifting Products, Stationery Products and Writing & Marking.

Company details

Flair Pens was established in 1994 in Mumbai, India, within the writing instruments sector. A range of pens, including felt tip varieties with multiple point sizes, is produced and distributed. These products feature smear-resistant ink and are designed for uses such as doodling and everyday writing. Operations focus on providing tools suited to creative and practical applications in the stationery market.

Operational Areas
Consumer → Stationery & Gifting Products
Key Metrics
  • Market Cap
    ₹2,631 Cr

    FLAIR · NSE

  • Share Price
    ₹249.91

    +0.12% today

  • Revenue
    ₹1,250 Cr

    FY 2025-26 · +15.8% YoY

  • EBITDA
    ₹225 Cr

    Margin 18.0%

  • Net Profit
    ₹140 Cr

    FY 2025-26 · +16.8% YoY

  • P/E (TTM)
    20.5x

    P/B 2.2x

  • ROE
    13.1%

    ROCE 16.6%

  • Debt / Equity
    0.06

    Interest cover 3.2x

  • Employee Count
    31

Products & Services of Flair Pens

Flair Pens offers a comprehensive portfolio of products and services, including Metal Pens and Ball Pens.

Metal Pens
Writing Instruments

Metal pens have been manufactured and distributed by Flair as part of their core offerings since 1976.

Ball Pens
Writing Instruments

Ball pens have been produced by Flair to cater to various societal needs and alter market dynamics in the writing instruments sector.

Apps and channels of Flair Pens

its YouTube channel Flairpens has 9.99K subscribers and 30 videos.

Flairpens
YouTube 9.99K subscribers 30 videos Howto & Style
Open channel

Videos from Flair Pens

The most watched videos on Flair Pens's YouTube channel, Flairpens (9.99K subscribers). Click a video to play it here.

✏️ Flair 2mm Mechanical Pencils – Move, Play, Thrill & Diva! 🌈
2K views
Flair Fighter Ball Pen | Stylish Design, Jumbo Refill & Smooth 0.7mm Writing
1.9K views
Flair Move Kit | Ball Pens, Gel Pens, Mechanical Pencil, Highlighter & More | All-in-One Kit
1.3K views
Flair Glass Ball Pen
1.2K views

More on Flairpens.

Board of directors of Flair Writing Industries Limited (Flair Pens)

Flair Writing Industries Limited is the primary company behind Flair Pens. The board of Flair Writing Industries Limited currently have 10 directors; the longest-serving is Rajesh Khubilal Rathod, appointed in 2016. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajesh Khubilal Rathod
DIN 00122907
Whole-time director12 Aug 201610 yrs 3 moFlair Writing Industries Limited
Mohit Khubilal Rathod
DIN 00122951
Whole-time director12 Aug 201610 yrs 3 moFlair Writing Industries Limited
Sumit Rathod
DIN 02987687
Whole-time director12 Aug 201610 yrs 3 moFlair Writing Industries Limited
Vimalchand Jugraj Rathod
DIN 00123007
Managing Director12 Aug 201610 yrs 3 moFlair Writing Industries Limited
Khubilal Jugraj Rathod
DIN 00122867
Whole-time director12 Aug 201610 yrs 3 moFlair Writing Industries Limited
Rajneesh Bhandari
DIN 00094089
Director04 May 20224 yrs 6 moFlair Writing Industries Limited
Punit Saxena
DIN 01057161
Director18 Mar 20233 yrs 7 moFlair Writing Industries Limited
Manoj Vinod Lalwani
DIN 10077949
Director18 Mar 20233 yrs 7 moFlair Writing Industries Limited
Sheetal Bhanot Shetty
DIN 10087870
Director24 Mar 20233 yrs 7 moFlair Writing Industries Limited
Deven Bipin Shah
DIN 00604010
Director27 May 20242 yrs 5 moFlair Writing Industries Limited

People of Flair Pens

2 people are tracked at Flair Pens (2 in leadership); the tracked headcount is 31.

NameRoleGroup
Vimal Jugraj Rathod
Co-FounderLeadership
Khubilal Jugraj Rathod
Founder & Managing DirectorLeadership
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Complete people profiles for Flair Pens

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IPO & Listings of Flair Pens

Flair Pens is a publicly listed company on the NSE with ticker symbol FLAIR in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date01 Dec 2023
  • Listed onBSE: 544030 · NSE: FLAIR
  • Listed entityFlair Writing Industries Limited
  • Exchange sectorProducer manufacturing

Financials of Flair Pens

Exchange-reported figures of Flair Writing Industries Limited, the listed company behind Flair Pens (NSE: FLAIR).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,250 Cr
+15.8% YoY
EBITDA
₹225 Cr
+21.6% YoY
Profit After Tax
₹140 Cr
+16.8% YoY
Net Worth
₹1,142 Cr
+12.1% YoY
Total Assets
₹1,224 Cr
+12.2% YoY
Total Debt
₹66.29 Cr
+7.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2017-18
Income statement
Revenue1,2501,080979943577298573
Revenue growth+15.8%+10.3%+3.8%+63.2%+93.8%--
EBITDA22518519218497.9523.2495.39
EBITDA margin+18.0%+17.1%+19.6%+19.5%+17.0%+7.8%+16.6%
Profit before tax18715915915974.422.1769.13
Net profit14012011911856.220.9749.27
Net profit margin+11.2%+11.1%+12.2%+12.5%+9.7%+0.3%+8.6%
EPS (₹)13.2611.3511.2912.6624.080.42168.82
Balance sheet
Total assets1,2241,091977565453405360
Net worth1,1421,018899435318262262
Total debt66.2961.8368.8512312613089.44
Cash & bank11.321142340.790.330.681.45
Net working capital544587592301258203172
Cash flow
Cash from operations13755.4577.6496.4434.4167.3235.28
Cash from investing(161)(25.51)(285)(73.64)(19.01)(15.56)(44.35)
Cash from financing(21.51)(25.31)259(22.33)(15.74)(54.67)3.69
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue340319323318321289298265
Revenue growth (YoY)+6.0%+10.6%+8.4%+20.1%+18.8%+16.8%--
Other income7.651.245.843.128.533.288.036.52
EBITDA50.5553.3557.7256.9260.3549.5346.8145.28
EBITDA margin+14.9%+16.7%+17.9%+17.9%+18.8%+17.2%+15.7%+17.1%
Depreciation14.6414.3513.7013.4613.1612.7412.2811.72
Interest1.311.271.281.181.481.251.141.29
Profit before tax42.2538.9748.5845.4054.2438.8241.4238.79
Tax10.539.8912.0712.2511.529.8710.589.53
Net profit31.7229.0836.5133.1542.7228.9530.8429.26
EPS (₹)2.972.713.403.114.042.722.932.78
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,013949919904554289581
Revenue growth+6.7%+3.3%+1.6%+63.2%+91.5%-50.2%-
EBITDA15515317617192.7922.6093.47
EBITDA margin+15.3%+16.1%+19.2%+18.9%+16.8%+7.8%+16.1%
Profit before tax15815115815171.761.7659.99
Net profit11811211811253.870.5038.12
Net profit margin+11.6%+11.8%+12.9%+12.4%+9.7%+0.2%+6.6%
EPS (₹)11.1910.6411.2111.9523.080.2116.33
Balance sheet
Total assets1,1501,051955531441395446
Net worth1,1031,001889426314260259
Total debt32.8338.7756.2398.53118122168
Cash & bank11.151102340.630.320.613.18
Net working capital372475541273264202243
Cash flow
Cash from operations13658.2110678.7722.9270.36-
Cash from investing(153)(28.81)(328)(46.03)(8.03)(15.91)-
Cash from financing(25.63)(27.59)274(32.42)(15.17)(57.03)-
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue270258251256263242257229
Revenue growth (YoY)+2.6%+6.5%-2.0%+11.9%+8.8%+9.2%--
Other income12.487.0410.608.5813.687.978.2510.00
Total expenses234222213220220204218194
EBITDA36.2436.1737.9136.3142.8737.9538.7135.38
EBITDA margin+13.4%+14.0%+15.1%+14.2%+16.3%+15.7%+15.1%+15.4%
Depreciation9.279.038.628.648.678.638.708.54
Interest0.750.640.630.670.990.840.790.92
Profit before tax38.7033.5439.2635.5846.8936.4537.4735.92
Tax9.868.8010.2710.2310.439.329.948.98

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 14 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue340319323318321289298265
Revenue growth (YoY)+6.0%+10.6%+8.4%+20.1%+18.8%+16.8%--
Other income7.651.245.843.128.533.288.036.52
EBITDA50.5553.3557.7256.9260.3549.5346.8145.28
EBITDA margin+14.9%+16.7%+17.9%+17.9%+18.8%+17.2%+15.7%+17.1%
Depreciation14.6414.3513.7013.4613.1612.7412.2811.72
Interest1.311.271.281.181.481.251.141.29
Profit before tax42.2538.9748.5845.4054.2438.8241.4238.79
Tax10.539.8912.0712.2511.529.8710.589.53
Net profit31.7229.0836.5133.1542.7228.9530.8429.26
EPS (₹)2.972.713.403.114.042.722.932.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2017-18
Revenue1,2501,080979943577298573
Revenue growth+15.8%+10.3%+3.8%+63.2%+93.8%--
Other income20.7724.6014.5311.6310.1612.886.21
Total expenses1,025895787759480275478
Employee cost21417214611788.2958.3979.03
EBITDA22518519218497.9523.2495.39
EBITDA margin+18.0%+17.1%+19.6%+19.5%+17.0%+7.8%+16.6%
Depreciation53.0644.7436.8127.3424.3722.4315.25
Interest5.505.4710.679.179.3211.5217.22
Profit before tax18715915915974.422.1769.13
Tax45.7040.2640.3340.7018.201.2019.86
Net profit14012011911856.220.9749.27
Net profit margin+11.2%+11.1%+12.2%+12.5%+9.7%+0.3%+8.6%
EPS (₹)13.2611.3511.2912.6624.080.42168.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2017-18
Equity & liabilities
Share capital52.7052.7052.7046.6923.3523.352.92
Reserves & surplus1,089966846388295238259
Shareholders' funds (net worth)1,1421,018899435318262262
Minority interest0.91(0.64)(0.20)0.280.000.000.00
Secured loans14.739.6210.2379.3054.1629.7160.78
Unsecured loans51.5652.2158.6244.1272.1710128.66
Total debt66.2961.8368.8512312613089.44
Total liabilities1,2241,091977565453405360
Assets
Gross block742646501388307275212
Net block482427327250196186144
Capital work in progress60.0022.9820.171.601.780.008.31
Investments12031.030.000.000.0016.270.00
Inventories35428722621418413191.21
Sundry debtors273259215171147116119
Cash & bank balances11.321142340.790.330.681.45
Loans & advances41.0146.3739.7525.4020.7720.9240.15
Total current assets680707715411353269252
Total current liabilities13512012310994.7165.3880.00
Net working capital544587592301258203172
Total assets1,2241,091977565453405360
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2017-18
Opening cash56.6251.990.790.330.673.586.83
Net cash from operating activities13755.4577.6496.4434.4167.3235.28
Net cash from investing activities(161)(25.51)(285)(73.64)(19.01)(15.56)(44.35)
Net cash from financing activities(21.51)(25.31)259(22.33)(15.74)(54.67)3.69
Net change in cash(45.33)4.6351.200.46(0.34)(2.92)(5.38)
Closing cash11.321142340.790.330.681.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2017-18
Growth
Sales growth+15.8%+10.3%+3.8%+63.2%+93.8%--
EBITDA growth+21.6%-3.6%+4.4%+87.5%+321.5%--
PBT growth+17.4%+0.3%+0.0%+113.4%+3329.5%-96.9%+0.8%
Net income growth+16.8%+0.6%+0.7%+110.3%+5695.9%--
Revenue CAGR (3Y)+9.9%+23.2%+48.7%+18.0%+11.3%--
EBITDA CAGR (3Y)+7.0%+23.6%+102.1%+24.4%+4.5%--
Profitability & leverage
Net income margin+11.3%+11.0%+12.1%+12.5%+9.7%+0.3%+8.6%
Return on capital employed+16.6%+15.9%+22.0%+33.0%+19.5%+3.4%+27.4%
Return on net worth+13.1%+12.4%+17.8%+31.4%+19.4%+0.4%+22.6%
Debt / equity0.060.070.140.330.440.500.42
Long-term debt / equity0.040.050.070.160.320.420.09
Interest cover3.203.906.895.8712.671,422.2221.49
Efficiency & per share
Fixed asset turnover1.801.882.202.711.981.092.99
Inventory turnover3.904.214.454.743.662.276.89
Debtors turnover4.704.565.085.934.392.575.60
EPS (₹)13.2611.3511.2912.6624.080.42168.82
Dividend per share (₹)0.501.000.000.000.000.000.00
Book value per share (₹)108.3296.6385.2946.57136.22112.04897.77
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue270258251256263242257229
Revenue growth (YoY)+2.6%+6.5%-2.0%+11.9%+8.8%+9.2%--
Other income12.487.0410.608.5813.687.978.2510.00
Total expenses234222213220220204218194
EBITDA36.2436.1737.9136.3142.8737.9538.7135.38
EBITDA margin+13.4%+14.0%+15.1%+14.2%+16.3%+15.7%+15.1%+15.4%
Depreciation9.279.038.628.648.678.638.708.54
Interest0.750.640.630.670.990.840.790.92
Profit before tax38.7033.5439.2635.5846.8936.4537.4735.92
Tax9.868.8010.2710.2310.439.329.948.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,013949919904554289581
Revenue growth+6.7%+3.3%+1.6%+63.2%+91.5%-50.2%-
Other income40.8335.0120.0213.5310.8311.885.33
Total expenses858797743733461267488
Employee cost17315313611285.0857.1594.79
EBITDA15515317617192.7922.6093.47
EBITDA margin+15.3%+16.1%+19.2%+18.9%+16.8%+7.8%+16.1%
Depreciation34.5632.7129.3424.2023.1821.7223.45
Interest3.354.008.178.958.6811.0015.36
Profit before tax15815115815171.761.7659.99
Tax40.2638.7540.2939.6617.891.2621.87
Net profit11811211811253.870.5038.12
Net profit margin+11.6%+11.8%+12.9%+12.4%+9.7%+0.2%+6.6%
EPS (₹)11.1910.6411.2111.9523.080.2116.33
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital52.7052.7052.7046.6923.3523.3523.35
Reserves & surplus1,050949836379290236236
Shareholders' funds (net worth)1,1031,001889426314260259
Secured loans0.000.105.8257.0746.2122.1954.75
Unsecured loans32.8338.6750.4141.4672.17100113
Total debt32.8338.7756.2398.53118122168
Total liabilities1,1501,051955531441395446
Assets
Gross block517484408329288266264
Net block304294251200181178195
Capital work in progress34.3112.0020.101.600.090.000.00
Investments12334.653.613.610.1116.380.11
Inventories244221187186179128149
Sundry debtors205216194162142110164
Cash & bank balances11.151102340.630.320.613.18
Loans & advances20.4325.4635.7217.5331.7825.0920.80
Total current assets480572651366352264336
Total current liabilities10896.4611093.4188.3461.8393.17
Net working capital372475541273264202243
Total assets1,1501,051955531441395446
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash53.7651.950.630.310.603.18-
Net cash from operating activities13658.2110678.7722.9270.36-
Net cash from investing activities(153)(28.81)(328)(46.03)(8.03)(15.91)-
Net cash from financing activities(25.63)(27.59)274(32.42)(15.17)(57.03)-
Net change in cash(42.63)1.8151.320.31(0.28)(2.58)-
Closing cash11.151102340.630.320.61-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.7%+3.3%+1.6%+63.2%+91.5%-50.2%-
EBITDA growth+1.8%-13.3%+3.0%+84.2%+310.6%-75.8%-
PBT growth+4.8%-4.8%+4.8%+110.8%+3977.3%-97.1%-30.2%
Net income growth+5.0%-5.0%+5.9%+107.2%--98.7%-
Revenue CAGR (3Y)+3.9%+19.7%+47.0%+15.9%-3.3%-16.9%-
EBITDA CAGR (3Y)-3.2%+18.0%+98.2%+22.3%-7.5%-37.6%-
Profitability & leverage
Net income margin+11.6%+11.8%+12.9%+12.4%+9.7%+0.2%+6.6%
Return on capital employed+14.7%+15.4%+22.4%+33.0%+19.2%+3.0%+17.3%
Return on net worth+11.2%+11.9%+18.0%+30.2%+18.8%+0.2%+15.9%
Debt / equity0.030.050.120.290.420.560.76
Long-term debt / equity0.030.040.060.140.300.420.49
Interest cover2.783.345.576.1012.471,250.0021.94
Efficiency & per share
Fixed asset turnover2.022.132.502.932.001.092.37
Inventory turnover4.364.664.924.953.612.094.18
Debtors turnover4.824.635.165.964.402.113.58
EPS (₹)11.1910.6411.2111.9523.080.2116.33
Dividend per share (₹)0.501.000.000.000.000.000.00
Book value per share (₹)104.6295.0084.3745.61134.35111.18110.88

Web traffic of Flair Pens

The website of Flair Pens (flairpens.com) receives about 28.6K visits a month.

  • Monthly visits
    28.6K

    ▼ 20.1% vs previous month

Similar websites

Websites whose visitors overlap most with Flair Pens. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Flair Writing Industries
flairworld.in
100%
11K#2,063,195View details
YouTube
youtube.com
85%
30.4B#2View details
Google
google.com
79%
85.8B#1View details

Top companies in Stationery & Gifting Products

3 companies that operate in the same segment as Flair Pens (Stationery & Gifting Products) in India, ranked by their profile score on The Company Check.

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1994Delhi, Delhi, India
DOMS
Stationery and art materials are manufactured by DOMS in India.
1976Mumbai, Maharashtra, IndiaUSD 247.48 M8,605
Navneet Publications
Educational content and stationery products are published and manufactured.
1959Mumbai, Maharashtra, IndiaUSD 183.43 M3,332
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Related news about Flair Pens

Flair Writing Industries: Company Will Meet With Analysts And Investors On September 22
Exchange Update • 1 month ago
Flair Writing Industries consolidated net profit declines 0.28% in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 3 months ago
Flair Writing Industries eyes mid-teen revenue growth in FY27 - CNBC TV18
CNBCTV18 • 5 months ago
GST cut impact: Britannia, Colgate, Camlin, Flair, DOMS gain up to 11%; analyst views - BusinessToday
Business Today • 1 year ago
Flair Writing Industries consolidated net profit declines 10.17% in the March 2025 quarter | Capital Market News - Business Standard
Business Standard • 1 year ago
Sumit Rathod, Whole-Time Director, Flair Writing Industries Ltd
India Infoline • 1 year ago
Flair Writing Industries receives tax notices for excess ITC claims, stock advances
Thehindubusinessline • 2 years ago
Flair Writing Industries beats analyst expectations, closes with 48 ...
Moneycontrol • 2 years ago
Despite stuck in lower circuit, Flair Writing posts 49% gain on listing day
Thehindubusinessline • 2 years ago
Flair Writing IPO allotment finalised: Latest GMP; here's how to check allotment status | Mint
mint • 2 years ago
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Complete news archive for Flair Pens

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Frequently Asked Questions about Flair Pens

Flair Pens was founded in 1994.

Flair Pens is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Flair Pens has 31 employees.

The primary company behind Flair Pens, Flair Writing Industries Limited, reported revenue of ₹1,271 Cr for FY 2026, up 16% year on year.

Flair Pens was established in 1994 in Mumbai, India, within the writing instruments sector. A range of pens, including felt tip varieties with multiple point sizes, is produced and distributed. These products feature smear-resistant ink and are designed for uses such as doodling and everyday writing. Operations focus on providing tools suited to creative and practical applications in the stationery market.

Flair Pens offers Metal Pens and Ball Pens.

Yes, Flair Pens is publicly traded on NSE under the ticker symbol FLAIR.

Flair Pens operates through Flair Writing Industries Limited.

The legal entities of Flair Pens currently have 12 directors, including Rajesh Khubilal Rathod, Mohit Khubilal Rathod, Sumit Rathod and others.

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