Flair Writing Industries Limited (NSE: FLAIR)

Flair Writing Industries Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	1,797	519.93	7.89	3.28	6.66	35.83
Short-Term Investments	-	1,822	0.05	0.05	0.15	27.34
Trading Asset Securities	-	-	-	-	162.67	-
Cash & Short-Term Investments	1,797	2,342	7.94	3.33	169.48	63.17
Cash Growth	22532.76%	29392.07%	138.44%	-98.04%	168.30%	334.44%
Accounts Receivable	2,401	2,149	1,707	1,470	1,158	1,785
Other Receivables	-	16.5	17.41	42.51	11.59	-
Receivables	2,404	2,166	1,727	1,514	1,172	1,788
Inventory	2,635	2,265	2,138	1,843	1,314	1,502
Prepaid Expenses	-	49.82	8.14	8.13	5.71	-
Other Current Assets	453.53	330.64	225.18	153.75	202.67	210.4
Total Current Assets	7,290	7,153	4,106	3,523	2,864	3,563
Property, Plant & Equipment	3,747	3,454	2,492	1,954	1,830	1,977
Goodwill	3.6	3.6	3.6	-	-	-
Other Intangible Assets	15.24	17.07	19.98	23.53	27.37	31.25
Long-Term Deferred Tax Assets	-	-	-	-	-	5.86
Other Long-Term Assets	477.26	446.95	220	74.05	85.83	69.5
Total Assets	11,533	11,078	6,842	5,575	4,807	5,647
Accounts Payable	655.07	656.41	635.66	502.92	410.88	732.37
Accrued Expenses	137.49	100.74	77.15	56.22	47.59	37.61
Short-Term Debt	-	87.21	667.07	434.54	115.06	451.37
Current Portion of Long-Term Debt	96.88	37.05	70.84	94.7	71.94	86.11
Current Portion of Leases	67.8	54.78	10.62	30.08	31.88	-
Current Income Taxes Payable	65.71	8.87	65.12	94.01	0.62	96.21
Current Unearned Revenue	-	41.23	50.29	51.51	5.76	0.72
Other Current Liabilities	411.59	422.88	265.05	221.55	157.04	253.22
Total Current Liabilities	1,435	1,409	1,842	1,486	840.77	1,658
Long-Term Debt	125.38	306.74	418.01	734.08	1,116	1,189
Long-Term Leases	227.35	202.69	67.72	13.59	43.67	100.05
Long-Term Unearned Revenue	1.66	1.95	2.6	16.23	34.57	43.68
Long-Term Deferred Tax Liabilities	62.05	78.89	95.65	95.11	102.45	-
Other Long-Term Liabilities	6.66	4.66	0.74	-	-	-
Total Liabilities	1,957	2,091	2,490	2,405	2,191	3,043
Common Stock	526.98	526.98	466.94	233.47	233.47	233.47
Additional Paid-In Capital	-	3,404	-	195.64	195.64	195.64
Retained Earnings	-	5,103	3,913	2,769	2,217	2,208
Comprehensive Income & Other	9,055	-43.76	-30.35	-28.76	-30.52	-32.46
Total Common Equity	9,582	8,989	4,350	3,170	2,616	2,604
Minority Interest	-6.05	-1.99	2.78	-	-	-
Shareholders' Equity	9,576	8,987	4,352	3,170	2,616	2,604
Total Liabilities & Equity	11,533	11,078	6,842	5,575	4,807	5,647
Total Debt	517.41	688.47	1,234	1,307	1,379	1,827
Net Cash (Debt)	1,280	1,653	-1,226	-1,304	-1,209	-1,764
Net Cash Per Share	12.35	16.94	-13.13	-13.96	-12.95	-18.89
Filing Date Shares Outstanding	105.42	105.4	93.39	93.39	93.39	93.38
Total Common Shares Outstanding	105.42	105.4	93.39	93.39	93.39	93.38
Working Capital	5,855	5,743	2,264	2,037	2,023	1,905
Book Value Per Share	90.89	85.29	46.57	33.94	28.01	27.89
Tangible Book Value	9,563	8,969	4,326	3,146	2,589	2,573
Tangible Book Value Per Share	90.72	85.10	46.32	33.69	27.72	27.55
Land	-	307.7	238.83	195.35	34.29	-
Buildings	-	460.44	459.14	459.14	463.46	-
Machinery	-	3,758	2,924	2,236	2,060	-
Construction In Progress	-	201.72	16	17.82	-	10.83

Source: S&P Capital IQ. Standard template. Financial Sources.