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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Flair Writing Industries
Flair Writing Industries (FLAIR) investor relations material
Flair Writing Industries Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary3 Nov, 2026
Executive summary
Q2 FY27 operating revenue was ₹34,012.21 lakh, up 6.0% YoY and 6.5% QoQ; H1 revenue reached ₹659.4 crore, up 8.2% YoY.
H1 domestic sales grew 10.8% YoY to ₹568 crore, supporting growth amid flood-related production interruptions and export headwinds.
Financial highlights
Q2 EBITDA was ₹50.6 crore, down 16.2% YoY and 5.2% QoQ; H1 EBITDA was ₹103.9 crore, down 5.5% YoY.
Q2 PAT was ₹31.7 crore, down 25.8% YoY but up 9.1% QoQ; H1 consolidated PAT was ₹6,080.11 lakh versus ₹7,168.12 lakh.
Q2 gross margin was 48.7% versus 51.9% YoY; EBITDA margin was 14.9% versus 18.8%, and PAT margin was 9.3% versus 13.3%.
Flood disruption was estimated to have reduced Q2 revenue by ₹25 crore.
Outlook and guidance
FY27 revenue growth guidance remains 12% or higher; the medium-term target is ~15% YoY growth from FY28 onward.
Management expects H2 seasonality, normalized manufacturing and demand in Creative and Steel Bottles & Houseware to support recovery.
A fourth steel-bottle line is expected to begin commercial operations in Q4 FY27; partial commencement of the Valsad facility and Surat expansion will add capacity.
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Latest events from Flair Writing Industries
- Revenue and profit rose as investment, IPO preparations and risk exposures advanced.FLAIR
Q4 18/19 - Profit fell sharply as COVID-19 arrived, despite stronger cash flow and lower net gearing.FLAIRQ4 19/20
- Standalone FY22 revenue rose 91.51% as net profit rebounded to Rs 5,387.53 lakh.FLAIRQ4 21/22
- COVID disruption cut FY21 revenue and profit, while debt and gearing declined.FLAIRQ4 20/21
- FY23 earnings rose sharply as steel-bottle production launched and input risks persisted.FLAIRQ4 22/23
- Q1 FY27 revenue up 10.6% YoY, with strong growth in Steel Bottles & Houseware and robust audit approval.FLAIRQ1 26/27
- Q3 FY26 saw 20.1% revenue and 25.7% EBITDA growth, with interim dividend declared.FLAIRQ3 25/26
- Q3 FY25 saw strong revenue and profit growth, with robust margins and expansion in key segments.FLAIRQ3 24/25
- Record revenue above INR 1,000 crores, 10% growth, and strong margins with dividend declared.FLAIRQ4 24/25
Next Flair Writing Industries earnings date
Q3 26/2729 Jan, 2027
Flair Writing Industries
Next Flair Writing Industries earnings date
Q3 26/2729 Jan, 2027
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