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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Flair Writing bags ₹20-crore orders for creative and hous...
BL Mumbai Bureau · 2026-06-22 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
The stock has gained around 13.85% over the past year, but remains down 8.74% year-to-date

The stock has gained around 13.85% over the past year, but remains down 8.74% year-to-date | Photo Credit: koto_feja

Flair Writing Industries Ltd on Monday announced fresh orders worth approximately ₹20 crore for its Creative and Steel Bottles & Houseware divisions, to be fulfilled within 90 days. The orders have come from large format retail stores.

Whole-Time Director Mohit Rathod said the orders are expected to support margin-accretive growth. He noted that in FY26, the two divisions together grew 78 per cent year-on-year and contributed approximately 31 per cent of the company's total revenue. The company targets raising that combined share to 38–40 per cent of overall revenue in FY27.

On the manufacturing side, Flair sold 14.5 crore mechanical pencils in FY26, and has begun producing wooden pencils at its Surat facility under the Creative division.

Flair shares were trading at ₹284.45 on the NSE at the time of the announcement, up 1.81 per cent from the previous close of ₹279.40, with a market capitalisation of approximately ₹2,998 crore. The stock has gained around 13.85 per cent over the past year, but remains down 8.74 per cent year-to-date. It is trading well below its 52-week high of ₹357, touched in July 2025.

For the full year FY26, the company reported revenue of ₹1,250.1 crore, EBITDA of ₹224.5 crore, and profit after tax of ₹141.3 crore, meeting its stated revenue growth guidance of 15 per cent.

Flair ranks among the top three players in India's writing instruments market and operates 11 manufacturing facilities across five locations. Its distribution network spans over 166 super stockists, 8,000-plus distributors, and 330,000-plus retail touchpoints across more than 6,500 pin codes. The company's brands include Flair, Hauser, Pierre Cardin, Flair Creative, and ZOOX.

Published on June 22, 2026