Hey There : )
Unlisted Shares
Flair Writing Industries Essentials
As of July 27, 2024, Flair Writing Industries Ltd., Listed Shares are trading at ₹306.00 per share.
Face Value
Value of a security, as stated by its issuer. It has no relation with market price of the stock.
Total Share
Total shares or total number of shares outstanding represents the amount of stock on the open market, including shares held by institutional investors and restricted shares held by insiders and company officers.
P/E
It is a valuation parameter that measures the company's current share price relative to its per-share earnings. Generally, high P/E is Overvalued & low P/E is Undervalued.
Market Capitalisation
Market capitalization is the aggregate valuation of the company based on its current share price and the total number of outstanding shares.
Enterprise Value
It measures companys total value, which includes market capitalization, debt and excludes cash.
Sector
A sector is an area in which businesses share the same or a related product or service. It can also be known as an industry or market that shares common operating characteristics
Sub-sector
Subsectors are the divisions of a sector. They are areas that vary from the rest of the sector substantially enough to justify creating a plan just for the subsector.
Category
Category is defined as a class or division of things regarded as having particular shared characteristics.
Flair Writing Industries Growth
Compounded Sales Growth
Highlights
- Industry leader: Flair Writing Industries Limited, a prominent producer and distributor of writing tools, stationery items, and household goods, achieved significant success in FY23. The company sold a total of 1,303.60 million pens, constituting 74.82% of its overall sales. Impressively, the company commands a substantial 12% market share in the pen segment in India.
- Revenue Growth - The company's revenue has experienced a substantial rise, climbing from ₹578 crore in FY22 to ₹943 crore in FY23, indicating a growth rate of 63%. Over the past 3 years, the company's revenue has consistently increased, achieving a compound annual growth rate (CAGR) of 77% from FY20 to FY23.
- Profitability: The net profit margin of the company has increased from 9.38% in FY22 to 12.37% in FY23, demonstrating a growth rate of 31% y-o-y.
- Investment thesis: The initial public offering (IPO) of this company has a price band set at Rs 304. When compared to industry peers in Flair Writing Industries, the average price-to-earnings (PE) ratio for the industry is 31. However, Flair's PE ratio is 24, indicating that this stock is undervalued.
- Stellar Returns: In FY23, consolidated EPS is 12.66, and the P/E is 24.01x, which makes the stock attractive vis-a-vis to peers, conditionally if the company maintains the growth rate. The same seems to be sustainable based on stellar profits, lean cost structure, substantial market share along with brand value and the FMCG premium valuations. Return on equity is now settled at above 25% in the latest year and that is likely to help the company to sustain valuations at higher levels. The company has had above-average sweating of assets as is evident from the asset turnover ratio. The asset sweating ratio of above 1 indicates that the company has the potential to grow its ROE in the coming years also.
Business Rating
Managment
Accounting Practice
Profatibility
Solvency
Growth
Valuation
Overall Ratings
Recommendation
Our Team
Sumit Rathod
( Whole-time Director )
Rajesh Khubilal Rathod
( Whole-time Director )
₹
Quantity
Invest
₹
, Min. Investment: ₹