Flair Writing Industries

Flair Writing Industries delivered a strong Q3 FY26 with revenue of ₹317.7 croreCurrent reported value: ₹317.7 crore. No comparable prior figure is available in the source record. (+20.1Current reported value: 20.1. No comparable prior figure is available in the source record.% YoY) and EBITDA of ₹56.9 croreCurrent reported value: ₹56.9 crore. No comparable prior figure is available in the source record. (+25.7% YoY), driven by exceptional growth in the creative (+68.7% YoY) and steel bottles & houseware (+116.2% YoY) segments. The pen segment grew 7.3% YoY, with own-brand volume up 18%Current 18%. Reported change: +18% YoY.. EBITDA margin expanded 80 bps to 17.9%Current reported value: 17.9%. No comparable prior figure is available in the source record. as operating leverage kicked in. Management is confident of surpassing the 15% revenue growth guidance for FY26 and expects high single-digit pen growth and continued strong momentum in new segments for FY27. The new Valsad facility will be partially operational in Q4, and the FlowMax JV is contributing. Key risk: working capital days remain elevated due to higher inventory and receivables, though management targets a 10-day reduction by year-end.