Mumbai, June 12 -- 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 Writi...