Case study

FLAIR

FLAIR WRITING INDUST LTD

Mixed signals1y model -10.1%

Each stock's 10,000-path forecast, rendered as light.

0Score

FLAIR WRITING INDUST LTD (FLAIR) Stock Analysis & Case Study

Is FLAIR a good buy? The data-driven verdict.

FLAIR WRITING INDUST LTD (FLAIR) trades at ₹282,on the numbers it mixed signals, a Downstox Snapshot Score of 51/100.

On the numbers, FLAIR WRITING INDUST LTD (FLAIR) mixed signals, a Downstox Snapshot Score of 51/100, weighing fairly valued at 21.2× earnings, ROE of 12.9%, a 39% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

FLAIR fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2,971 Cr
Current price
₹282
P/E ratio
21.2×
P/B ratio
2.61×
Book value
₹108
Dividend yield
0.35%
ROCE
16.8%
ROE
12.9%
Piotroski F-Score
4/9

Is FLAIR overvalued? FLAIR P/E vs its sector

FLAIR's P/E of 21.2× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.35% dividend yield is below the peer median of 1.65%.

FLAIR P/E
21.2×
Peer median P/E
15.9×
FLAIR div yield
0.35%
Peer median yield
1.65%

FLAIR share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of FLAIR history (-4%/yr drift, 38%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
FLAIR 2027₹153₹251₹409-10%
FLAIR 2028₹113₹224₹451-20%
FLAIR 2029₹86₹200₹470-28%
FLAIR 2030₹68₹179₹483-36%
FLAIR 2031₹54₹161₹481-42%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability FLAIR goes up, or doubles?

39%
Higher in 1 year
Modelled chance the price is above today in 12 months
26%
Higher in 5 years
Modelled chance the price is above today in 5 years
7%
Doubles in 5 years
Modelled chance of reaching ₹559 within 5 years

The bull case for FLAIR

  • A 21.2× P/E sits in the fair-value band, neither cheap nor stretched.
  • A healthy 12.9% return on equity.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹470.

The bear case & risks

  • The probability model is cautious 12 months out, only a 39% chance of finishing above today's price.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹86.

FLAIR volatility & expected range, how bumpy is the ride?

Over the last 2.0 years FLAIR compounded at -4%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹153₹409, the honest backbone behind any single price target.

FLAIR price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
10.1%
80% range₹153–₹409
P(price ↑)39%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
28.4%
80% range₹86–₹470
P(price ↑)31%
P(price 2×)6%
5-Year Forecast
2031
₹0
Median (P50)
42.4%
80% range₹54–₹481
P(price ↑)26%
P(price 2×)7%

FLAIR price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
FLAIR simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds FLAIR hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the FLAIR price target & forecast page.

FLAIR Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. FLAIR scores 4/9,mixed financial health.

FLAIR MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy FLAIR with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.0%2.9×
ZerodhaCHEAPEST31.9%3.1×
DhanCHEAPEST31.9%3.1×

Compare every broker on the FLAIR MTF page.

FLAIR vs peers,sector comparison

StockP/EDiv yieldMarket cap
FLAIR (this stock)21.2×0.35%₹2,971 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About FLAIR WRITING INDUST LTD: sector, index & market-cap context

FLAIR WRITING INDUST LTD (FLAIR) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index group, with a market capitalisation of ₹2,971 Cr. See more Nifty 500 stocks.

How the FLAIR Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of FLAIR WRITING INDUST LTD's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

FLAIR analysis, FAQs

Is FLAIR WRITING INDUST LTD (FLAIR) a good buy?

On the numbers, FLAIR WRITING INDUST LTD (FLAIR) mixed signals, a Downstox Snapshot Score of 51/100, weighing fairly valued at 21.2× earnings, ROE of 12.9%, a 39% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is FLAIR overvalued or undervalued?

FLAIR trades at 21.2× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the FLAIR share price target for 2031?

FLAIR's probability-weighted 2031 median target is ₹161, with an 80% range of ₹54₹481 (10,000-path Monte-Carlo).

What is the probability FLAIR doubles in 5 years?

The modelled probability of FLAIR reaching ₹559 (2×) within 5 years is 7%.

What is the bull case for FLAIR?

A 21.2× P/E sits in the fair-value band, neither cheap nor stretched. A healthy 12.9% return on equity.

What are the risks in FLAIR?

The probability model is cautious 12 months out, only a 39% chance of finishing above today's price.

More on FLAIR