Flair Writing Industries Ltd

NSE: FLAIR BSE: 544030

₹234.14

-1.88 (0.80%)

Sun, 25 Oct 2026, 10:05 am

MTF 5xInvest in Flair Writing Industries Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)2482.59

PE Ratio17.66

Dividend0.42

Producer Manufacturing

Office Equipment/Supplies

24.5K

Flair Writing Industries Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-97.20M	-107.04M	-111.17M	-94.59M	-172.21M	-115.16M	-93.20M	-101.60M	-106.07M	-52.83M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0
Total assets	1.93B	2.55B	2.91B	3.54B	4.40B	4.81B	5.58B	6.84B	11.08B	12.18B
Total current assets	1.05B	1.35B	1.58B	1.87B	2.52B	2.85B	3.53B	4.11B	7.20B	7.38B
Cash and short term investments	19.14M	4.62M	15.49M	68.43M	14.54M	169.97M	3.83M	7.94M	2.34B	1.45B
Cash & equivalents	9.14M	4.62M	15.49M	68.43M	14.54M	7.30M	3.83M	7.89M	707.26M	575.65M
Short term investments	10.00M	0	0	0	0	162.67M	0	50.00K	1.63B	876.53M
Total receivables, net	584.55M	708.00M	809.75M	885.55M	1.22B	1.16B	1.47B	1.71B	2.22B	2.63B
Accounts receivable - trade, net	573.92M	693.22M	789.11M	861.71M	1.19B	1.16B	1.47B	1.71B	2.15B	2.59B
Other receivables	10.63M	14.78M	20.64M	23.84M	26.81M	2.19M	2.30M	3.28M	67.24M	45.60M
Total inventory	353.98M	525.63M	647.37M	775.57M	935.86M	1.36B	1.92B	2.16B	2.37B	3.02B
Other current assets, total	82.98M	104.05M	84.95M	121.40M	342.76M	162.60M	127.67M	225.90M	221.75M	242.72M
Total non-current assets	883.66M	1.19B	1.33B	1.67B	1.88B	1.96B	2.05B	2.74B	3.88B	4.81B
Long term investments	12.53M	16.67M	15.34M	147.85M	144.90M	171.00K	593.00K	290.00K	48.75M	59.06M
Note receivable - long term	—	5.03M	6.00M	142.47M	144.16M	103.00K	356.00K	290.00K	19.16M	21.23M
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	—	0	0
Other investments	12.53M	11.64M	9.34M	5.38M	740.00K	68.00K	237.00K	0	29.58M	37.82M
Net property/plant/equipment	797.32M	1.05B	1.11B	1.22B	1.56B	1.88B	1.98B	2.63B	3.72B	4.64B
Gross property/plant/equipment	1.02B	1.38B	1.54B	1.74B	2.22B	2.75B	3.07B	3.86B	5.23B	6.52B
Deferred tax assets	28.03M	50.16M	76.62M	161.18M	103.00M	—	—	—	—	—
Net intangible assets	2.81M	10.65M	11.16M	33.98M	32.57M	27.37M	23.54M	23.58M	20.67M	17.62M
Goodwill, net	0	0	0	0	0	0	0	3.60M	3.60M	3.60M
Other intangibles, net	2.81M	10.65M	11.16M	33.98M	32.57M	27.37M	23.54M	19.98M	17.07M	14.02M
Other long term assets, total	41.05M	59.11M	100.08M	103.66M	44.74M	52.59M	49.57M	77.85M	78.53M	82.50M
Short term debt	1.23B	1.33B	1.11B	902.21M	538.39M	234.73M	559.32M	748.53M	179.04M	160.92M
Current portion of LT debt and capital leases	910.00K	1.01M	7.77M	14.51M	13.33M	31.88M	30.08M	81.46M	91.83M	91.03M
Short term debt excl. current portion of LT debt	1.23B	1.33B	1.11B	887.70M	525.06M	202.85M	529.24M	667.07M	87.20M	69.89M
Accounts payable	287.67M	364.02M	359.80M	510.27M	612.64M	410.88M	502.92M	635.66M	656.41M	539.32M
Income tax payable	30.63M	32.04M	25.55M	124.38M	2.41M	627.00K	82.93M	65.12M	8.87M	34.38M
Long term debt	3.29M	2.29M	54.51M	40.00M	355.93M	1.14B	747.67M	485.73M	509.43M	457.37M
Long term debt excl. lease liabilities	3.29M	2.29M	54.51M	40.00M	355.93M	1.14B	747.67M	485.73M	509.43M	457.37M
Total equity	306.60M	697.56M	1.22B	1.73B	2.62B	2.62B	3.18B	4.35B	8.99B	10.18B
Shareholders' equity	306.60M	697.56M	1.22B	1.73B	2.62B	2.62B	3.18B	4.35B	8.99B	10.18B
Common equity, total	306.60M	697.56M	1.22B	1.73B	2.62B	2.62B	3.18B	4.35B	8.99B	10.18B
Other common equity	-800.00K	-4.57M	-4.21M	2.89M	-4.39M	-30.52M	-28.76M	-30.36M	-43.76M	-44.04M
Total debt	1.23B	1.33B	1.17B	942.21M	894.32M	1.38B	1.31B	1.23B	688.47M	618.29M
Net debt	1.21B	1.33B	1.15B	873.78M	879.78M	1.21B	1.30B	1.23B	-1.65B	-833.90M
Change in accounts receivable	-99.19M	-119.30M	-95.89M	-72.61M	-330.77M	626.39M	-313.23M	-247.35M	-433.39M	-438.99M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	92.32M	76.35M	-4.22M	150.49M	106.86M	-321.48M	92.04M	132.74M	21.30M	-116.88M
Change in other assets/liabilities	-24.80M	-33.71M	-42.43M	-51.90M	-7.11M	-136.70M	119.24M	-134.01M	-188.65M	157.65M
Sale of fixed assets & businesses	1.17M	570.00K	131.08M	770.00K	17.48M	52.46M	24.11M	3.18M	2.50M	952.00K
Purchase/sale of investments, net	1.10M	10.31M	2.73M	3.97M	4.77M	0	0	0	-1.82B	937.20M
Sale/maturity of investments	1.10M	10.31M	2.73M	3.97M	4.77M	0	0	0	102.17M	1.58B
Purchase of investments	0	0	0	0	0	—	—	0	-1.92B	-642.50M
Other investing cash flow items, total	0	5.03M	3.48M	0	-40.00K	-135.11M	165.75M	0	13.26M	13.78M
Issuance/retirement of debt, net	30.49M	99.58M	-168.44M	-218.22M	-190.96M	0	0	-107.41M	-724.92M	-134.51M
Issuance/retirement of long term debt	3.29M	-1.01M	52.23M	-14.51M	315.93M	0	0	0	—	—
Issuance/retirement of short term debt	27.20M	100.59M	-220.67M	-203.71M	-506.89M	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	-107.41M	-724.92M	-134.51M
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	0	0	-409.62M	-39.80M	0	0	0

Particulars	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-97.20M	-107.04M	-111.17M	-94.59M	-172.21M	-115.16M	-93.20M	-101.60M	-106.07M	-52.83M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0
Total assets	1.93B	2.55B	2.91B	3.54B	4.40B	4.81B	5.58B	6.84B	11.08B	12.18B
Total current assets	1.05B	1.35B	1.58B	1.87B	2.52B	2.85B	3.53B	4.11B	7.20B	7.38B
Cash and short term investments	19.14M	4.62M	15.49M	68.43M	14.54M	169.97M	3.83M	7.94M	2.34B	1.45B
Cash & equivalents	9.14M	4.62M	15.49M	68.43M	14.54M	7.30M	3.83M	7.89M	707.26M	575.65M
Short term investments	10.00M	0	0	0	0	162.67M	0	50.00K	1.63B	876.53M
Total receivables, net	584.55M	708.00M	809.75M	885.55M	1.22B	1.16B	1.47B	1.71B	2.22B	2.63B
Accounts receivable - trade, net	573.92M	693.22M	789.11M	861.71M	1.19B	1.16B	1.47B	1.71B	2.15B	2.59B
Other receivables	10.63M	14.78M	20.64M	23.84M	26.81M	2.19M	2.30M	3.28M	67.24M	45.60M
Total inventory	353.98M	525.63M	647.37M	775.57M	935.86M	1.36B	1.92B	2.16B	2.37B	3.02B
Other current assets, total	82.98M	104.05M	84.95M	121.40M	342.76M	162.60M	127.67M	225.90M	221.75M	242.72M
Total non-current assets	883.66M	1.19B	1.33B	1.67B	1.88B	1.96B	2.05B	2.74B	3.88B	4.81B
Long term investments	12.53M	16.67M	15.34M	147.85M	144.90M	171.00K	593.00K	290.00K	48.75M	59.06M
Note receivable - long term	—	5.03M	6.00M	142.47M	144.16M	103.00K	356.00K	290.00K	19.16M	21.23M
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	—	0	0
Other investments	12.53M	11.64M	9.34M	5.38M	740.00K	68.00K	237.00K	0	29.58M	37.82M
Net property/plant/equipment	797.32M	1.05B	1.11B	1.22B	1.56B	1.88B	1.98B	2.63B	3.72B	4.64B
Gross property/plant/equipment	1.02B	1.38B	1.54B	1.74B	2.22B	2.75B	3.07B	3.86B	5.23B	6.52B
Deferred tax assets	28.03M	50.16M	76.62M	161.18M	103.00M	—	—	—	—	—
Net intangible assets	2.81M	10.65M	11.16M	33.98M	32.57M	27.37M	23.54M	23.58M	20.67M	17.62M
Goodwill, net	0	0	0	0	0	0	0	3.60M	3.60M	3.60M
Other intangibles, net	2.81M	10.65M	11.16M	33.98M	32.57M	27.37M	23.54M	19.98M	17.07M	14.02M
Other long term assets, total	41.05M	59.11M	100.08M	103.66M	44.74M	52.59M	49.57M	77.85M	78.53M	82.50M
Short term debt	1.23B	1.33B	1.11B	902.21M	538.39M	234.73M	559.32M	748.53M	179.04M	160.92M
Current portion of LT debt and capital leases	910.00K	1.01M	7.77M	14.51M	13.33M	31.88M	30.08M	81.46M	91.83M	91.03M
Short term debt excl. current portion of LT debt	1.23B	1.33B	1.11B	887.70M	525.06M	202.85M	529.24M	667.07M	87.20M	69.89M
Accounts payable	287.67M	364.02M	359.80M	510.27M	612.64M	410.88M	502.92M	635.66M	656.41M	539.32M
Income tax payable	30.63M	32.04M	25.55M	124.38M	2.41M	627.00K	82.93M	65.12M	8.87M	34.38M
Long term debt	3.29M	2.29M	54.51M	40.00M	355.93M	1.14B	747.67M	485.73M	509.43M	457.37M
Long term debt excl. lease liabilities	3.29M	2.29M	54.51M	40.00M	355.93M	1.14B	747.67M	485.73M	509.43M	457.37M
Total equity	306.60M	697.56M	1.22B	1.73B	2.62B	2.62B	3.18B	4.35B	8.99B	10.18B
Shareholders' equity	306.60M	697.56M	1.22B	1.73B	2.62B	2.62B	3.18B	4.35B	8.99B	10.18B
Common equity, total	306.60M	697.56M	1.22B	1.73B	2.62B	2.62B	3.18B	4.35B	8.99B	10.18B
Other common equity	-800.00K	-4.57M	-4.21M	2.89M	-4.39M	-30.52M	-28.76M	-30.36M	-43.76M	-44.04M
Total debt	1.23B	1.33B	1.17B	942.21M	894.32M	1.38B	1.31B	1.23B	688.47M	618.29M
Net debt	1.21B	1.33B	1.15B	873.78M	879.78M	1.21B	1.30B	1.23B	-1.65B	-833.90M
Change in accounts receivable	-99.19M	-119.30M	-95.89M	-72.61M	-330.77M	626.39M	-313.23M	-247.35M	-433.39M	-438.99M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	92.32M	76.35M	-4.22M	150.49M	106.86M	-321.48M	92.04M	132.74M	21.30M	-116.88M
Change in other assets/liabilities	-24.80M	-33.71M	-42.43M	-51.90M	-7.11M	-136.70M	119.24M	-134.01M	-188.65M	157.65M
Sale of fixed assets & businesses	1.17M	570.00K	131.08M	770.00K	17.48M	52.46M	24.11M	3.18M	2.50M	952.00K
Purchase/sale of investments, net	1.10M	10.31M	2.73M	3.97M	4.77M	0	0	0	-1.82B	937.20M
Sale/maturity of investments	1.10M	10.31M	2.73M	3.97M	4.77M	0	0	0	102.17M	1.58B
Purchase of investments	0	0	0	0	0	—	—	0	-1.92B	-642.50M
Other investing cash flow items, total	0	5.03M	3.48M	0	-40.00K	-135.11M	165.75M	0	13.26M	13.78M
Issuance/retirement of debt, net	30.49M	99.58M	-168.44M	-218.22M	-190.96M	0	0	-107.41M	-724.92M	-134.51M
Issuance/retirement of long term debt	3.29M	-1.01M	52.23M	-14.51M	315.93M	0	0	0	—	—
Issuance/retirement of short term debt	27.20M	100.59M	-220.67M	-203.71M	-506.89M	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	-107.41M	-724.92M	-134.51M
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	0	0	-409.62M	-39.80M	0	0	0