Flair Writing Industries (NSE:FLAIR) EBIT: ₹1,823 Mil (TTM As of Mar. 2026)


NSE:FLAIR Flair Writing Industries Ltd NSE:FLAIR
46 GF Score
Price ₹265.20
! 2 Warning Signs
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What is Flair Writing Industries EBIT?

Flair Writing Industries NSE:FLAIR -2.70% 46 EBIT is ₹1,823 Mil as of Mar. 2026. GuruFocus rates NSE:FLAIR with a GF Score™ of 46/100. The stock has 2 warning signs investors should review.

Flair Writing Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹399 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,823 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flair Writing Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 7.43%. Flair Writing Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Flair Writing Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.66%.

Flair Writing Industries  (NSE:FLAIR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Flair Writing Industries's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1171.316 * ( 1 - 26.18% )/( (0 + 11636.687)/ 1 )
=864.6654712/11636.687
=7.43 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13665.344 - 712.546 - ( 1316.111 - max(0, 1529.978 - 7993.511+1316.111))
=11636.687

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Flair Writing Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1595.452/( ( (0 + max(0, 0)) + (5404.287 + max(5317.322, 0)) )/ 1 )
=1595.452/( ( 0 + 10721.609 )/ 1 )
=1595.452/10721.609
=14.88 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2733.65 + 3539.597 + 397.868) - (712.546 + 0 + 641.247)
=5317.322

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Flair Writing Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1822.583/27385.838
=6.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Flair Writing Industries EBIT Related Terms

Flair Writing Industries EBIT Historical Data

* Premium members only.

The historical data trend for Flair Writing Industries's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Flair Writing Industries EBIT Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 834.21 1,638.31 1,670.02 1,546.97 1,613.14

Flair Writing Industries Quarterly Data
Mar17 Mar18 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 382.64 400.70 557.29 465.73 398.86

Flair Writing Industries EBIT Competitor Comparison

For the Business Equipment & Supplies subindustry, Flair Writing Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Flair Writing Industries EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flair Writing Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Flair Writing Industries's EV-to-EBIT falls into.


NSE:FLAIR
46GF Score
Flair Writing Industries Ltd NSE:FLAIR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Flair Writing Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,823 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹1,823 Mil mean?
Flair Writing Industries (NSE:FLAIR) has a EBIT of ₹1,823 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Flair Writing Industries.
Is Flair Writing Industries' EBIT too high?
Flair Writing Industries' current EBIT is ₹1,823 Mil. Overall, Flair Writing Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Flair Writing Industries' EBIT compare to competitors?
Flair Writing Industries' EBIT of ₹1,823 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Flair Writing Industries. Flair Writing Industries's current EBIT is ₹1,823 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flair Writing Industries stock overvalued right now?
Flair Writing Industries (NSE:FLAIR) has a current EBIT of ₹1,823 Mil. The current EBIT is ₹1,823 Mil. Flair Writing Industries' overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Flair Writing Industries (NSE:FLAIR), the current EBIT is ₹1,823 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Flair Writing Industries Business Description

Other Exchanges 544030:India
Address Cross Road - A, Flair House, Plot No. A/64, Marol Industrial Area, MIDC, Andheri East, Mumbai, MH, IND, 400093
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes, and kids stationery kits, and calculators.
46GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹265.20
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