$FLAIR

FLAIR BETS BIG ON PENCIL BUSINESS 🚀 • ✏️ Flair aims to become a significant player in the pencil category after strong traction in mechanical pencils • 📈 Sold around 147 million mechanical pencil pieces in FY26, reflecting rising consumer acceptance • 🏭 Operationalized its wooden pencil manufacturing facility in Surat, strengthening presence in the largest pencil segment • 🇮🇳 Pencil market accounts for around 12% of India's writing instruments market, valued at nearly ₹1,650 Cr in FY25 • 📊 Industry expected to grow at ~14% CAGR, reaching around ₹3,300 Cr by FY28 • ✍️ Wooden pencils contribute nearly 90% of the total pencil market • 🎯 Company remains confident of achieving its FY27 growth guidance 🟢 Impact: Positive (New manufacturing capacity and entry into a fast-growing category can drive revenue diversification and long-term growth.)