Flair Writing Industries MD, chairman and AGM
NSE: FLAIRBSE: 544030Household ProductsSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹234.81.
28 Oct: open ₹232.00, high ₹235.19, low ₹232.00
- Next results date: the board meets on 2 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,458 Cr949th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 17.59
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.15
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.43%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 12.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 14.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.03
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 28,825
Flair Writing Industries' chairperson is Khubilal Jugraj Rathod and its managing director Vimalchand Jugraj Rathod, as filed for the quarter to Jun 2026. Its latest annual general meeting was on 27 Aug 2026.
Flair Writing Industries board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- ChairpersonKhubilal Jugraj RathodRelated to the promoter
- Managing directorVimalchand Jugraj Rathod
- Company Secretary and Compliance OfficerVishal Kishor Chanda
10 directors5 independent5 executive
- Khubilal Jugraj Rathod · ChairpersonExecutive · joined Aug 2016 · reappointed Jun 2023 · 1 listed board
- Vimalchand Jugraj Rathod · Managing directorExecutive · joined Aug 2016 · reappointed Oct 2022 · 1 listed board · 2 committee seats
- Rajesh Khubilal RathodExecutive · joined Aug 2016 · reappointed Oct 2022 · 1 listed board · 1 committee seat
- Mohit Khubilal RathodExecutive · joined Aug 2016 · reappointed Apr 2022 · 1 listed board
- Sumit RathodExecutive · joined Aug 2016 · reappointed Apr 2022 · 1 listed board
- Punit SaxenaIndependent · joined Mar 2023 · reappointed Mar 2023 · 40 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 4 as chair
- Rajneesh BhandariIndependent · joined May 2022 · reappointed Sep 2022 · 46 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Manoj Vinod LalwaniIndependent · joined Mar 2023 · reappointed Mar 2023 · 40 months as independent · 1 listed board · 1 as independent
- Deven Bipin ShahIndependent · joined May 2024 · reappointed Aug 2024 · 23 months as independent · 1 listed board · 1 as independent
- Sheetal Bhanot ShettyIndependent · joined Mar 2023 · reappointed Jun 2023 · 34 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 21 May 202610 of 10 present5 independent · 70 days in between
- 11 Mar 20267 of 10 present4 independent · 40 days in between
- 29 Jan 20268 of 10 present4 independent
Audit Committee
Chair Punit Saxena
Rajneesh Bhandari, Vimalchand Jugraj Rathod
- 21 May 20263 of 3 present2 independent
- 11 Mar 20263 of 3 present2 independent · 40 days in between
- 29 Jan 20263 of 3 present2 independent · 1 day in between
Nomination and remuneration committee
Chair Rajneesh Bhandari
Manoj Vinod Lalwani, Sheetal Bhanot Shetty
- 21 May 20263 of 3 present3 independent
- 29 Jan 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair Punit Saxena
Vimalchand Jugraj Rathod, Rajesh Khubilal Rathod
No meeting listed in the filing.
Risk Management Committee
Chair Vimalchand Jugraj Rathod
Punit Saxena, Manoj Vinod Lalwani
- 21 May 20263 of 3 present2 independent · 70 days in between
Corporate Social Responsibility Committee
Chair Khubilal Jugraj Rathod
Vimalchand Jugraj Rathod, Rajneesh Bhandari, Rajesh Khubilal Rathod
- 21 May 20264 of 4 present1 independent
- 27 Jan 20263 of 4 present0 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- M/s Jeswani & Rathore Chartered AccountantsPeer-review certificate valid to May 2029
1 earlier auditor
- JESWANI & RATHORENamed in filings from Sep 2025 to Dec 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Flair Writing Industries AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Flair Writing Industries dividend history
Annual general meeting, 27 Aug 2026
50,558 shareholders on the register on 19 Aug 2026; present: 9 promoters and 54 others; votes counted by Keshav Purohit / M/s. KPUB & Co.The company's voting result
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.69%
Turnout: all 93.79% · promoters 100.00% · institutions 60.15% · other public 0.21%
- To declare a dividend of Rs. 0.50/- per equity share of Rs. 5/- each of the Company for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.69%
Turnout: all 85.69% · promoters 100.00% · institutions 60.15% · other public 0.02%
- To appoint a director in place of Mr. Vimalchand Jugraj Rathod (DIN: 00123007), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.69%
Turnout: all 85.69% · promoters 100.00% · institutions 60.15% · other public 0.02%
- To appoint a director in place of Mr. Mohit Khubilal Rathod (DIN: 00122951), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.74% · other public 0.69%
Turnout: all 85.69% · promoters 100.00% · institutions 60.15% · other public 0.02%
- To appoint M/s Price Waterhouse Chartered Accountants LLP (‘PWC’) as a Statutory Auditor of the Company for a term of five consecutive year from FY 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.69%
Turnout: all 85.69% · promoters 100.00% · institutions 60.15% · other public 0.02%
- To re-appoint Mr. Mohit Khubilal Rathod (DIN: 00122951) as Whole-time Director of the Company for a period of five years.OrdinaryPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.74% · other public 0.69%
Turnout: all 85.69% · promoters 100.00% · institutions 60.15% · other public 0.02%
- To re-appoint Mr. Sumit Vimalchand Rathod (DIN: 02987687) as Whole-time Director of the Company for a period of five years.OrdinaryPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.74% · other public 0.69%
Turnout: all 85.69% · promoters 100.00% · institutions 60.15% · other public 0.02%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 19 Aug 2025, 5 resolutions
57,511 shareholders on the register on 12 Aug 2025; present: 4 promoters and 97 others; votes counted by KESHAV PUROHIT / KPUB & CO..The company's voting result
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 43.61%
Turnout: all 85.86% · promoters 100.00% · institutions 67.02% · other public 0.03%
- To declare a dividend of Re. 1/- per equity share of Rs. 5/- each of the Company for the financial year ended March 31, 2025.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 43.61%
Turnout: all 85.86% · promoters 100.00% · institutions 67.02% · other public 0.03%
- To appoint a director in place of Mr. Khubilal Jugraj Rathod (DIN: 00122867), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.13% for0.87% against
Against: promoters 0.00% · institutions 10.23% · other public 43.61%
Turnout: all 85.86% · promoters 100.00% · institutions 67.02% · other public 0.03%
- To appoint a director in place of Mr. Rajesh Khubilal Rathod (DIN: 00122907), who retires by rotation, and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 43.61%
Turnout: all 85.86% · promoters 100.00% · institutions 67.02% · other public 0.03%
- Appointment of M/s. KPUB & Co., Company Secretaries, as the Secretarial Auditor of the Company for a term of five (5) consecutive years.Ordinary99.18% for0.82% against
Against: promoters 0.00% · institutions 9.65% · other public 43.61%
Turnout: all 85.86% · promoters 100.00% · institutions 67.02% · other public 0.03%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 22 Aug 2024, 4 resolutions
Present: 9 promoters and 26 others.
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2024 nand the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 87.13% · promoters 100.00% · institutions 74.91% · other public 0.03%
- To appoint a director in place of Mr. Mohit Khubilal Rathod (DIN: 00122951), who retires by rotation, and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.45%
Turnout: all 87.13% · promoters 100.00% · institutions 74.91% · other public 0.03%
- To appoint a director in place of Mr. Sumit Rathod (DIN: 02987687), who retires by rotation, and being eligible,offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.45%
Turnout: all 87.13% · promoters 100.00% · institutions 74.91% · other public 0.03%
- Appointment of Mr. Deven Bipin Shah (DIN: 00604010) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.45%
Turnout: all 87.13% · promoters 100.00% · institutions 74.91% · other public 0.03%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 27 Aug 2026, 3 fund houses
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereon.MoreLess
3 for0 against- To declare a dividend of Rs. 0.50/- per equity share of Rs. 5/- each of the Company for the financial year ended March 31, 2026.3 for0 against
- To appoint a director in place of Mr. Vimalchand Jugraj Rathod (DIN: 00123007), who retires by rotation, and being eligible, offers himself for re-appointment.3 for0 against
- To appoint a director in place of Mr. Mohit Khubilal Rathod (DIN: 00122951), who retires by rotation, and being eligible, offers himself for re-appointment.3 for0 against
- To appoint M/s Price Waterhouse Chartered Accountants LLP (‘PWC’) as a Statutory Auditor of the Company for a term of five consecutive year from FY 2026-27.3 for0 against
- To re-appoint Mr. Mohit Khubilal Rathod (DIN: 00122951) as Whole-time Director of the Company for a period of five years.3 for0 against
- To re-appoint Mr. Sumit Vimalchand Rathod (DIN: 02987687) as Whole-time Director of the Company for a period of five years.3 for0 against
Mutual fund votes, meeting of 19 Aug 2025, 5 fund houses
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereon.MoreLess
5 for0 against- To declare a dividend of Re. 1/- per equity share of Rs. 5/- each of the Company for the financial year ended March 31, 2025.5 for0 against
- To appoint a director in place of Mr. Khubilal Jugraj Rathod (DIN: 00122867), who retires by rotation, and being eligible, offers himself for re-appointment.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. Governance Concern: Combined position as Chairman and Executive Director may lead to concentration of power in the hands of a single Director.
4 for1 against - To appoint a director in place of Mr. Rajesh Khubilal Rathod (DIN: 00122907), who retires by rotation, and being eligible, offers himself for re-appointment.5 for0 against
- Appointment of M/s. KPUB & Co., Company Secretaries, as the Secretarial Auditor of the Company for a term of five (5) consecutive years.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNo concern on merit of the proposed Secretarial Auditors. Non-Compliant with Regulation 36(5) of SEBI LODR: Proposed fee payable to Secretarial Auditors not disclosed.
4 for1 against
Mutual fund votes, meeting of 22 Aug 2024, 10 fund houses
4 proposals
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2024 nand the Reports of the Board of Directors and Auditors thereonMoreLess
10 for0 against- To appoint a director in place of Mr. Mohit Khubilal Rathod (DIN: 00122951), who retires by rotation, and being eligible, offers himself for re-appointment10 for0 against
- To appoint a director in place of Mr. Sumit Rathod (DIN: 02987687), who retires by rotation, and being eligible,offers himself for re-appointment.10 for0 against
- Appointment of Mr. Deven Bipin Shah (DIN: 00604010) as an Independent Director of the Company10 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyIndian CustomSince 24 Apr 2026
Penalty of Rs 6000/- was imposed under the applicable provision of the Custom Act, 1962
Alleged contravention of applicable provisions of the Customs Act, 1962 in relation to import of goods, resulting in imposition of penalty.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A statement's amounts are left out where the company filed the same raise a power of ten apart in its other statements and the filings do not settle which is right.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesDec 2023, checked by ICRA Limited | – | – | – | No |