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Flair Writing IndustriesNSE:FLAIR -1.64%46 Return-on-Tangible-Equity is 10.17% as of Mar. 2026, which is 43% below its 10-year median of 17.90. GuruFocus rates NSE:FLAIR with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 2,972 Industrial Products companies, Flair Writing Industries ranks better than 71% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Flair Writing Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹1,159 Mil. Flair Writing Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹11,401 Mil. Therefore, Flair Writing Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.17%.
The historical rank and industry rank for Flair Writing Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:FLAIR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.48 Med: 17.9 Max: 59.58
Current: 12.33
During the past 8 years, Flair Writing Industries's highest Return-on-Tangible-Equity was 59.58%. The lowest was 0.48%. And the median was 17.90%.
NSE:FLAIR's Return-on-Tangible-Equity is ranked better than 71% of 2972
companies
in the Industrial Products industry
Industry Median: 6.78
vs NSE:FLAIR: 12.33
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Flair Writing Industries Return-on-Tangible-Equity Related Terms
Flair Writing Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Flair Writing Industries's Return-on-Tangible-Equity 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.
For the Business Equipment & Supplies subindustry, Flair Writing Industries's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Flair Writing Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Flair Writing Industries's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.17% mean?
Flair Writing Industries (NSE:FLAIR) has a Return-on-Tangible-Equity of 10.17% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Flair Writing Industries and its competitors. This is 43% below median its historical median of 17.90. Over the past decade, Flair Writing Industries' Return-on-Tangible-Equity has ranged from 0.48 to 59.58. According to the industry distribution chart, Flair Writing Industries ranks #862 out of 2972 companies in the Industrial Products industry, placing it in the top 29%.
Is Flair Writing Industries' Return-on-Tangible-Equity too high?
Flair Writing Industries' current Return-on-Tangible-Equity of 10.17% is 43% below median its 10-year median of 17.90. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 59.58. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Flair Writing Industries' value of 10.17% is 50% above this industry median. Based on the distribution chart, Flair Writing Industries ranks #862 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. 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' Return-on-Tangible-Equity compare to competitors?
According to the Industrial Products industry distribution chart, Flair Writing Industries ranks #862 out of 2972 companies for Return-on-Tangible-Equity. This puts Flair Writing Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Flair Writing Industries' value of 10.17% is 50% above this benchmark. Historically, Flair Writing Industries' own Return-on-Tangible-Equity has ranged from 0.48 to 59.58 over the past decade. While the company's 10-year median is 17.90 vs. the industry median of 6.78, 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 Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,972 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flair Writing Industries's current Return-on-Tangible-Equity of 10.17% is 50% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Flair Writing Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flair Writing Industries's current Return-on-Tangible-Equity is 10.17%, which is 43% below median its own 10-year median of 17.90. 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 Return-on-Tangible-Equity of 10.17%. The current Return-on-Tangible-Equity is 10.17%, which is 43% below median its 10-year median of 17.90 and 50% above the Industrial Products industry median of 6.78. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Flair Writing Industries (NSE:FLAIR), the current Return-on-Tangible-Equity is 10.17% 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 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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