Flair Writing Industries (NSE:FLAIR) Gross Margin %: 48.69% (As of Mar. 2026) — 28% Above Median


NSE:FLAIR Flair Writing Industries Ltd NSE:FLAIR
54 GF Score
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What is Flair Writing Industries Gross Margin %?

Flair Writing Industries NSE:FLAIR +0.37% 54 Gross Margin % is 48.69% as of Mar. 2026, which is 28% above its 10-year median of 38.17. GuruFocus rates NSE:FLAIR with a GF Score™ of 54/100. The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Flair Writing Industries ranks better than 89.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Flair Writing Industries's Gross Profit for the three months ended in Mar. 2026 was ₹1,224 Mil. Flair Writing Industries's Revenue for the three months ended in Mar. 2026 was ₹2,513 Mil. Therefore, Flair Writing Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 48.69%.


The historical rank and industry rank for Flair Writing Industries's Gross Margin % or its related term are showing as below:

NSE:FLAIR' s Gross Margin % Range Over the Past 10 Years
Min: 34.12   Med: 38.17   Max: 50.48
Current: 50.48


During the past 8 years, the highest Gross Margin % of Flair Writing Industries was 50.48%. The lowest was 34.12%. And the median was 38.17%.

NSE:FLAIR's Gross Margin % is ranked better than
89.87% of 2991 companies
in the Industrial Products industry
Industry Median: 26.81 vs NSE:FLAIR: 50.48

Flair Writing Industries had a gross margin of 48.69% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Flair Writing Industries was 7.60% per year.


Flair Writing Industries  (NSE:FLAIR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Flair Writing Industries had a gross margin of 48.69% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Flair Writing Industries Gross Margin % Related Terms


Flair Writing Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Flair Writing Industries's Gross Margin % 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 Gross Margin % Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 37.76 38.17 41.88 48.63 48.18

Flair Writing Industries Quarterly Data
Mar17 Mar18 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 46.73 49.97 51.91 50.91 48.69

Flair Writing Industries Gross Margin % Competitor Comparison

For the Business Equipment & Supplies subindustry, Flair Writing Industries's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flair Writing Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Flair Writing Industries's Gross Margin % falls into.


NSE:FLAIR
54GF Score
Flair Writing Industries Ltd NSE:FLAIR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Flair Writing Industries Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Flair Writing Industries's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=4880.8 / 10129.704
=(Revenue - Cost of Goods Sold) / Revenue
=(10129.704 - 5248.919) / 10129.704
=48.18 %

Flair Writing Industries's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1223.8 / 2513.294
=(Revenue - Cost of Goods Sold) / Revenue
=(2513.294 - 1289.456) / 2513.294
=48.69 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 48.69% mean?
Flair Writing Industries (NSE:FLAIR) has a Gross Margin % of 48.69% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Flair Writing Industries and its competitors. This is 28% above median its historical median of 38.17. Over the past decade, Flair Writing Industries' Gross Margin % has ranged from 34.12 to 50.48. According to the industry distribution chart, Flair Writing Industries ranks #303 out of 2991 companies in the Industrial Products industry, placing it in the top 10.1%.
Is Flair Writing Industries' Gross Margin % too high?
Flair Writing Industries' current Gross Margin % of 48.69% is 28% above median its 10-year median of 38.17. Over the past 10 years, this metric has ranged from a low of 34.12 to a high of 50.48. The Industrial Products industry median Gross Margin % is 26.81. Flair Writing Industries' value of 48.69% is 81.6% above this industry median. Based on the distribution chart, Flair Writing Industries ranks #303 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Flair Writing Industries has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Flair Writing Industries' Gross Margin % compare to competitors?
According to the Industrial Products industry distribution chart, Flair Writing Industries ranks #303 out of 2991 companies for Gross Margin %. This places Flair Writing Industries in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.81. Flair Writing Industries' value of 48.69% is 81.6% above this benchmark. Historically, Flair Writing Industries' own Gross Margin % has ranged from 34.12 to 50.48 over the past decade. While the company's 10-year median is 38.17 vs. the industry median of 26.81, Flair Writing Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.81, based on 2,991 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flair Writing Industries's current Gross Margin % of 48.69% is 81.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Flair Writing Industries and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flair Writing Industries's current Gross Margin % is 48.69%, which is 28% above median its own 10-year median of 38.17. 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 Gross Margin % of 48.69%. The current Gross Margin % is 48.69%, which is 28% above median its 10-year median of 38.17 and 81.6% above the Industrial Products industry median of 26.81. Flair Writing Industries' overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Flair Writing Industries (NSE:FLAIR), the current Gross Margin % is 48.69% 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.
54GF Score

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