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In FY 2025'26, the company stated that it has sold approximately 147 million units in the Mechanical Pencil category.
According to industry reports, pencils account for approximately 12% of the overall writing instruments market in India. The segment was valued at around Rs 1,650 crore in FY23 and is projected to grow at a robust CAGR of 14%, nearly doubling to Rs 3,300 crore by FY28.
Notably, wooden pencils dominate this category, contributing close to 90% of the total market.
'Against this backdrop, the company's strong performance in the mechanical pencil segment reflects its capability to build a differentiated niche and capture evolving consumer demand,' Flair Writing Industries said in a statement.
Flair Writing Industries is among the top 3 players in the writing instruments and the largest pen brand in India.
The scrip fell 1.23% to currently trade at Rs 264.45 on the BSE.
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