| Management target | Revenue 15.0% FY27 |
|---|
| Revenue growth | 10.6% YoY revenue growth; domestic sales up 13%. |
|---|---|
| Margins | EBITDA margins fell to 16.7% from 17.9% QoQ on costs. |
| Demand visibility | Strong domestic back-to-school demand; export demand impacted by shipping delays. |
| Management confidence | Balanced; cautious on short-term costs but confident in FY27 guidance. |
Growth
11% YoY revenue growth driven by domestic demand and new pen launches, but impacted by a 5% export decline.
Outlook
Management reiterated 15% revenue growth guidance and 17.5-18% EBITDA margin target for FY27.
Risks
Raw material cost volatility, West Asia shipping disruptions, and high working capital due to inventory stocking.
Last quarter's promises, checked
Delivered
- Guided 15% revenue growth → delivered 15.8% (= BEAT)
- Guided 15% growth in Pens → delivered 15.8% overall (= BEAT)
- Valsad facility commencement Q1 FY27 → on track (= BEAT)
Partly delivered
- Targeted inventory reduction → increased from 87 to 97 days (= PARTIAL)
Missed
- Guided 18% EBITDA margin → delivered 16.7% (= MISS)
- Guided 15% revenue growth → delivered 10.6% YoY current quarter (= MISS)
Earnings Call Transcript filed with BSE, NSE: FLAIR. Summary written with AI assistance from the document.
Flair Writing Industries Ltd: key numbers
- Share price
- ₹226.68
- Market cap
- ₹2,389 Cr
- Revenue (annual)
- ₹1,250 Cr
- Net profit (annual)
- ₹139.8 Cr
- P/E (TTM)
- 17.1×Sector 40.4×
- Promoter holding
- 78.59%+0.00% QoQ
- FII holding
- 0.77%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Flair Writing Industries Ltd
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- Value
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Flair Writing Industries Ltd. has appointed Price Waterhouse Chartered Accountants LLP as its statutory auditor for a five-year term, following shareholder approval at the AGM.
- Execution
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