Skip to content
Markets
This is research, not advice. We’re not SEBI-registered.
Industry · 5 companies

Stationery Stocks and Companies in India

There are 5 listed Stationery stocks in India: DOMS Industries (₹11,067 crore), Navneet Education (₹2,794 crore), Flair Writing Industries (₹2,430 crore), Kokuyo Camlin and Linc, at prices of 30 October 2026. 0 of the 5 companies we track are beating the Nifty 500 on share price over recent months (1 has no relative-strength reading yet).

Stationery: DOMS Industries Ltd owns the largest revenue base AND the fastest current growth.

5Companies every listed company in this industry
₹17,500 crCombined market value all of them together
3/5Revenue growing revenue over the last 12 months up on a year earlier
0/5Beating NIFTY 500 pass the weekly momentum test: 5+ points ahead over 3 months, within 20% of the 52-week high (1 has no reading yet)
0 of 5 pass the weekly momentum test (5+ points ahead of the NIFTY 500 over 3 months, within 20% of the 52-week high)

The main question: the lead sits with a few companies, so how long it lasts matters more than the rank.

Start with size. Then the direction of earnings. Then the quality of the business. A share price that leads means more once those three agree.

Which are the biggest Stationery stocks in India?

The largest Stationery stocks in India by market value are DOMS Industries (₹11,067 crore), Navneet Education (₹2,794 crore) and Flair Writing Industries (₹2,430 crore), at prices of 30 Oct 2026.

  • DOMS Industries: ₹1,823.50 | market value ₹11,067 crore | P/E 50.9
  • Navneet Education: ₹126.30 | market value ₹2,794 crore | P/E 22.3
  • Flair Writing Industries: ₹230.56 | market value ₹2,430 crore | P/E 17.4
  • Kokuyo Camlin: ₹74.30 | market value ₹748 crore | P/E 34
  • Linc: ₹81.50 (price from the week of 11 Oct 2026) | market value ₹485 crore | P/E 15.4

Share price | market value | P/E, biggest first. Prices and market values as of 30 Oct 2026; ratios as in the score list below.

Which are the Stationery stocks, ranked?

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

  1. 1Flair Writing Industries LtdFLAIR · ₹2,430 cr59.8of 100mixed, leaning good · strongest on own-history P/E and PEG
  2. 2DOMS Industries LtdDOMS · ₹11,100 cr53.7of 100mixed, leaning good · strongest on ROCE and own-history P/E
  3. 3Kokuyo Camlin LtdKOKUYOCMLN · ₹748 cr51.1of 100mixed, leaning good · strongest on profit growth and ROCE improvement
  4. 4Navneet Education LtdNAVNETEDUL · ₹2,790 cr43.6of 100mixed, leaning weak · strongest on relative strength versus sector and profit growth
  5. 5Linc LtdLINC · ₹485 cr41.6of 100mixed, leaning weak · strongest on ROCE and sector-relative P/E

Is there a Nifty Stationery index, and what is in it?

All 5 listed Indian Printing & Stationery companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Printing & Stationery index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.

  1. DOMS Industries Ltd₹11,100 cr
  2. Navneet Education Ltd₹2,790 cr
  3. Flair Writing Industries Ltd₹2,430 cr
  4. Kokuyo Camlin Ltd₹748 cr
  5. Linc Ltd₹485 cr

How many Stationery companies are listed in India?

5 Stationery companies in the Printing & Stationery industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 5 are listed below, largest first. The largest is DOMS Industries (₹11,067 crore) and the smallest with a market value is Linc.

Every Printing & Stationery company with a page, largest first
CompanyMarket value
1. DOMS Industries Ltd DOMS₹11,067 crore
2. Navneet Education Ltd NAVNETEDUL₹2,794 crore
3. Flair Writing Industries Ltd FLAIR₹2,430 crore
4. Kokuyo Camlin Ltd KOKUYOCMLN₹748 crore
5. Linc Ltd LINC₹485 crore

Download all 5 Stationery companies (CSV)

How have Stationery stocks moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 25% behind NIFTY 500. Earnings across its companies grew 10% on average over the last four reported quarters.

Basing · 1 year −17.4% Fundamentals up, price down

0 of the 4 companies with a long enough price record pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high).

Not ahead of NIFTY 500 on the three-month view this week; 0 of the 4 companies in the industry index above their 200-day average (no change from four weeks earlier); 0 of those 4 pass the momentum test (no change from four weeks earlier); earnings rising at 4 of the 4 that report earnings.

Behind NIFTY 500 by −17.4% over a year, with participation off the floor of its own 26-week range. Earnings confirming, 4 of 4 members have higher trailing twelve-month earnings than a year ago.

1Y

Printing & Stationery against NIFTY 500

Both lines start at 200 in the first week shown

  • Stationery 154
  • NIFTY 500 184
Printing & Stationery against NIFTY 500
Week endingStationeryNIFTY 500
7 Nov 2025200200
14 Nov 2025202201
21 Nov 2025196201
28 Nov 2025193199
5 Dec 2025191196
12 Dec 2025190197
19 Dec 2025190200
26 Dec 2025191200
2 Jan 2026198202
9 Jan 2026194197
16 Jan 2026190191
23 Jan 2026183194
30 Jan 2026185197
6 Feb 2026191196
13 Feb 2026195196
20 Feb 2026190194
27 Feb 2026185189
6 Mar 2026177179
13 Mar 2026170179
20 Mar 2026175176
27 Mar 2026169176
3 Apr 2026175187
10 Apr 2026186192
17 Apr 2026199189
24 Apr 2026192190
1 May 2026193194
8 May 2026199189
15 May 2026192190
22 May 2026183190
29 May 2026181188
5 Jun 2026178190
12 Jun 2026180194
19 Jun 2026182194
26 Jun 2026180196
3 Jul 2026184196
10 Jul 2026184196
17 Jul 2026179192
24 Jul 2026176197
31 Jul 2026175199
7 Aug 2026175198
14 Aug 2026172197
21 Aug 2026170197
28 Aug 2026170195
4 Sep 2026169192
11 Sep 2026163192
18 Sep 2026163190
25 Sep 2026160183
2 Oct 2026159183
9 Oct 2026155187
16 Oct 2026158187
23 Oct 2026150180
30 Oct 2026154184

3Y

Printing & Stationery against NIFTY 500

Both lines start at 200 in the first week shown, every 2nd week shown

  • Stationery 172
  • NIFTY 500 250
Printing & Stationery against NIFTY 500
Week endingStationeryNIFTY 500
10 Nov 2023200200
17 Nov 2023210201
1 Dec 2023218213
15 Dec 2023204215
29 Dec 2023197221
12 Jan 2024208223
26 Jan 2024199226
9 Feb 2024204228
23 Feb 2024198229
8 Mar 2024187224
22 Mar 2024180229
5 Apr 2024200239
19 Apr 2024203237
3 May 2024213237
17 May 2024218243
31 May 2024210241
14 Jun 2024217254
28 Jun 2024223261
12 Jul 2024233265
26 Jul 2024236269
9 Aug 2024246259
23 Aug 2024254270
6 Sep 2024259269
20 Sep 2024267278
4 Oct 2024246270
18 Oct 2024246261
1 Nov 2024246263
15 Nov 2024228251
29 Nov 2024236264
13 Dec 2024242262
27 Dec 2024227256
10 Jan 2025216246
24 Jan 2025206243
7 Feb 2025215239
21 Feb 2025197233
7 Mar 2025201231
21 Mar 2025212243
4 Apr 2025205233
18 Apr 2025219254
2 May 2025211252
16 May 2025229260
30 May 2025213261
13 Jun 2025213262
27 Jun 2025221269
11 Jul 2025225268
25 Jul 2025226263
8 Aug 2025221259
22 Aug 2025232260
5 Sep 2025238264
19 Sep 2025238265
3 Oct 2025232264
17 Oct 2025225271
31 Oct 2025230270
14 Nov 2025225273
28 Nov 2025215271
12 Dec 2025213268
26 Dec 2025213273
9 Jan 2026217268
23 Jan 2026204264
6 Feb 2026214266
20 Feb 2026212265
6 Mar 2026198244
20 Mar 2026195240
3 Apr 2026195255
17 Apr 2026223258
1 May 2026215264
15 May 2026215259
29 May 2026202257
12 Jun 2026201264
26 Jun 2026201266
10 Jul 2026206267
24 Jul 2026197268
7 Aug 2026195270
21 Aug 2026190269
4 Sep 2026188261
18 Sep 2026182258
2 Oct 2026178250
16 Oct 2026177254
30 Oct 2026172250

5Y

Printing & Stationery against NIFTY 500

Both lines start at 200 in the first week shown, every 4th week shown

  • Stationery 280
  • NIFTY 500 283
Printing & Stationery against NIFTY 500
Week endingStationeryNIFTY 500
12 Nov 2021200200
3 Dec 2021180195
31 Dec 2021169199
28 Jan 2022178198
25 Feb 2022163184
25 Mar 2022168193
22 Apr 2022191191
20 May 2022169176
17 Jun 2022156169
15 Jul 2022167183
12 Aug 2022216199
9 Sep 2022235202
7 Oct 2022219192
4 Nov 2022241201
2 Dec 2022235205
30 Dec 2022238199
27 Jan 2023209192
24 Feb 2023194190
24 Mar 2023181186
21 Apr 2023211194
19 May 2023242201
16 Jun 2023282210
14 Jul 2023298219
11 Aug 2023349218
8 Sep 2023356227
6 Oct 2023353225
3 Nov 2023336223
1 Dec 2023353242
29 Dec 2023320251
26 Jan 2024322256
23 Feb 2024321259
22 Mar 2024291260
19 Apr 2024329268
17 May 2024354275
14 Jun 2024352288
12 Jul 2024378300
9 Aug 2024399293
6 Sep 2024420305
4 Oct 2024398305
1 Nov 2024399298
29 Nov 2024382299
27 Dec 2024368290
24 Jan 2025334275
21 Feb 2025319264
21 Mar 2025344275
18 Apr 2025355288
16 May 2025372294
13 Jun 2025346297
11 Jul 2025365304
8 Aug 2025358294
5 Sep 2025386299
3 Oct 2025376299
31 Oct 2025372306
28 Nov 2025349307
26 Dec 2025346309
23 Jan 2026331299
20 Feb 2026344300
20 Mar 2026317272
17 Apr 2026361292
15 May 2026348293
12 Jun 2026326300
10 Jul 2026334302
7 Aug 2026316305
4 Sep 2026305296
2 Oct 2026288283
30 Oct 2026280283

Earnings, each company rebased to 100, the sector takes the median

Latest quarter April to June 2026: 89.9, from 4 companies

Earnings, each company rebased to 100, the sector takes the median
QuarterMedian earnings index
Jul 2023100.0 (4 companies)
Oct 202369.5 (4 companies)
Jan 202470.3 (4 companies)
Apr 2024142.3 (4 companies)
Jul 202483.7 (4 companies)
Oct 202457.7 (4 companies)
Jan 202539.8 (4 companies)
Apr 202524.3 (4 companies)
Jul 202569.7 (4 companies)
Oct 2025101.1 (4 companies)
Jan 202697.7 (4 companies)
Apr 202689.9 (4 companies)

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of 4 of its 5 companies (the 1 with too short a price record are ranked in the scorecard but cannot sit in this line). The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Are Stationery stocks outperforming NIFTY 500?

Printing & Stationery has done worse than the NIFTY 500 by 20.6% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 6.8%. Navneet Education Ltd is the strongest against the sector itself at +6.7%.

−6.8%Sector vs NIFTY 500 · 13 weeks
−20.6%Sector vs NIFTY 500 · 52 weeks
0 of 5Stocks leading NIFTY 500
1 of 5Stocks leading the sector

What is the bottom line on Stationery stocks?

Printing & Stationery has done worse than the NIFTY 500 by 20.6% over 52 weeks and by 6.8% over 13 weeks. 0 of 5 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months) (1 has no relative-strength reading yet), and 1 of the 2 with a long enough price history is ahead of the industry itself.

How does each Stationery stock score?

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Growth & earnings · 35% Capital efficiency · 25% Valuation · 20% Relative strength · 20%

Flair Writing Industries Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 100% evidence confidence.

  1. 1Flair Writing Industries LtdFLAIR · basing · mixed, leaning good · 100% evidence59.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.7/35 · Revenue 14.2% · PAT 16.4% · OPM change 0 pp · 100% evidenceCapital efficiency 12.9/25 · ROCE 16.8% · OPM 17% · 100% evidenceValuation 16.9/20 · P/E 17.4× · PEG 1.18 · 100% evidenceRelative strength 6.3/20 · RS sector −3.8% · RS bench −14.7% · 1Y −25.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.7 + 12.9 + 16.9 + 6.3 = 59.8 · What this means: Earnings are strong; relative strength in its sector is −3.8% and the one-year return is −25.9%.
  2. 2DOMS Industries LtdDOMS · quiet · mixed, leaning good · 67% evidence53.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.8/35 · Revenue 19.9% · PAT 3.2% · OPM change −6 pp · 95% evidenceCapital efficiency 19.4/25 · ROCE 24.3% · OPM 12% · 76% evidenceValuation 12.0/20 · P/E 50.9× · PEG — · 50% evidenceRelative strength 7.5/20 · RS sector — · RS bench −16.7% · 1Y −29.1% · 25% evidence · 0 of 12 weeks aheadExact sum: 14.8 + 19.4 + 12 + 7.5 = 53.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Kokuyo Camlin LtdKOKUYOCMLN · basing · mixed, leaning good · 85% evidence51.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.7/35 · Revenue 6.2% · PAT 100% · OPM change −1.8 pp · 100% evidenceCapital efficiency 5.6/25 · ROCE 10.2% · OPM 6.8% · 100% evidenceValuation 13.3/20 · P/E 34× · PEG 1.5 · 100% evidenceRelative strength 7.5/20 · RS sector — · RS bench −8% · 1Y −28.5% · 25% evidence · 0 of 12 weeks aheadExact sum: 24.7 + 5.6 + 13.3 + 7.5 = 51.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Navneet Education LtdNAVNETEDUL · turning · mixed, leaning weak · 82% evidence43.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 9.7/35 · Revenue −3.8% · PAT 64.2% · OPM change −4 pp · 95% evidenceCapital efficiency 9.2/25 · ROCE 10.2% · OPM 25% · 76% evidenceValuation 9.7/20 · P/E 22.3× · PEG — · 50% evidenceRelative strength 15.0/20 · RS sector 6.7% · RS bench −5.1% · 1Y −21.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 9.7 + 9.2 + 9.7 + 15 = 43.6 · What this means: Relative strength against the index is −5.1%, and revenue and profit growth are weak.
  5. 5Linc LtdLINC · mixed, leaning weak · 73% evidence41.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.5/43.75 · Revenue −1% · PAT −12.5% · OPM change −0.9 pp · 100% evidenceCapital efficiency 19.4/31.25 · ROCE 19.1% · OPM 8.7% · 100% evidenceValuation 10.7/25 · P/E 15.4× · PEG 2.41 · 65% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 11.5 + 19.4 + 10.7 = 41.6 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone.
How this score is built, and what the marks mean

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

How have Stationery share prices moved?

Navneet Education Ltd has the strongest one-year price move in Printing & Stationery at −21.9%. It also leads on relative strength against the NIFTY, at −5.1%. 0 of 5 companies we track are ahead of the index on that measure (1 has no relative-strength reading yet). Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Printing & Stationery itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

1Y

Price of all 5 companies, each started at 100

52 weekly closes

  • Navneet Education 83
  • Flair Writing Industries 74
  • Kokuyo Camlin 73
  • DOMS Industries 74
  • Linc 68
  • NIFTY 500 92
Price of all 5 companies, each started at 100
Week endingNavneet EducationFlair Writing IndustriesKokuyo CamlinDOMS IndustriesLincNIFTY 500
7 Nov 2025100100100100100100
14 Nov 20259910197106104100
21 Nov 20251019694102101101
28 Nov 2025969593101102100
5 Dec 20259492901059898
12 Dec 20259396881049399
19 Dec 202594958710593100
26 Dec 202594968710493100
2 Jan 2026971009010897101
9 Jan 202698101881019499
16 Jan 202694100841039195
23 Jan 2026929781968797
30 Jan 2026939585969098
6 Feb 20261049782989498
13 Feb 202610210388969098
20 Feb 202610010183948997
27 Feb 2026969881948994
6 Mar 20269210176858890
13 Mar 2026849575848390
20 Mar 2026839875928588
27 Mar 2026829171917888
3 Apr 20268595––8294
10 Apr 202688101––8296
17 Apr 202610410787978495
24 Apr 20269410389948195
1 May 20269510291938497
8 May 20269710895958895
15 May 20269210791928095
22 May 2026949485898295
29 May 2026939283888294
5 Jun 2026939183858295
12 Jun 2026938683938297
19 Jun 2026918985928697
26 Jun 2026938587919698
3 Jul 2026988388939498
10 Jul 2026988386968998
17 Jul 2026968382929096
24 Jul 2026948182908598
31 Jul 20268883849185100
7 Aug 2026888183918399
14 Aug 2026888180908199
21 Aug 2026887978898099
28 Aug 2026888079897998
4 Sep 2026867879897996
11 Sep 2026847576867996
18 Sep 2026837577857695
25 Sep 2026817675847792
2 Oct 2026817274857292
9 Oct 2026797071836893
16 Oct 202681767085–93
23 Oct 202679716976–90
30 Oct 202683747374–92
A break or a faint dotted stretch in a line is a week with no recorded close: Kokuyo Camlin, 3 Apr 2026 to 10 Apr 2026; DOMS Industries, 3 Apr 2026 to 10 Apr 2026.

3Y

Price of all 5 companies, each started at 100

156 weekly closes, every 2nd shown

  • Navneet Education 91
  • Flair Writing Industries 51
  • Kokuyo Camlin 54
  • DOMS Industries 140
  • Linc 49
  • NIFTY 500 125
Price of all 5 companies, each started at 100
Week endingNavneet EducationFlair Writing IndustriesKokuyo CamlinDOMS IndustriesLincNIFTY 500
10 Nov 2023100–100–100100
17 Nov 2023102–107–95101
1 Dec 2023104100114–100107
15 Dec 202310683109–97107
29 Dec 2023109771069694111
12 Jan 20241107810311697111
26 Jan 20241067210311189113
9 Feb 20241117210011980114
23 Feb 2024113629812086114
8 Mar 2024107619211175112
22 Mar 2024100588411574115
5 Apr 2024103659613178120
19 Apr 2024107699213380118
3 May 20241086710713989118
17 May 20241146611413986121
31 May 20241076310314779120
14 Jun 20241116511014783127
28 Jun 20241136711015682131
12 Jul 20241117011217885133
26 Jul 20241126811318785134
9 Aug 20241186912518385130
23 Aug 20241156913520084135
6 Sep 20241116715320189134
20 Sep 20241106916120797139
4 Oct 20241046613519691135
18 Oct 2024996612422489131
1 Nov 20241046312621891132
15 Nov 2024985811220688126
29 Nov 20241016310422990132
13 Dec 2024102729922898131
27 Dec 2024102679319991128
10 Jan 202598589120179123
24 Jan 2025103558817380121
7 Feb 2025101548521270119
21 Feb 202596507519567117
7 Mar 202598497520759116
21 Mar 202598537922763122
4 Apr 2025100527520458116
18 Apr 2025102588122160127
2 May 2025100567521261126
16 May 2025107638521880130
30 May 2025102627918786130
13 Jun 2025101579017980131
27 Jun 2025103579619182135
11 Jul 2025103679118082134
25 Jul 2025108718318177132
8 Aug 2025101718417572130
22 Aug 2025113698518975130
5 Sep 2025112718620377132
19 Sep 2025117718320173132
3 Oct 2025117708019171132
17 Oct 2025113707419068136
31 Oct 2025116697619773135
14 Nov 2025109707220171137
28 Nov 2025105666919270136
12 Dec 2025102666519763134
26 Dec 2025104676419763136
9 Jan 2026107706519164134
23 Jan 2026101676018259132
6 Feb 2026114676118564133
20 Feb 2026110706217761132
6 Mar 2026100705616060122
20 Mar 202692685617458120
3 Apr 20269366––56128
17 Apr 2026114746518357129
1 May 2026105716817557132
15 May 2026101746717355129
29 May 2026102646216756128
12 Jun 2026102606117555132
26 Jun 2026102596417265133
10 Jul 2026108586418261133
24 Jul 2026104566117058134
7 Aug 202696566217356135
21 Aug 202696555816954134
4 Sep 202694545916954131
18 Sep 202691525716152129
2 Oct 202689505516149125
16 Oct 2026885352161–127
30 Oct 2026915154140–125
A break or a faint dotted stretch in a line is a week with no recorded close: Kokuyo Camlin, 3 Apr 2026 to 10 Apr 2026; DOMS Industries, 3 Apr 2026 to 10 Apr 2026.

5Y

Price of all 5 companies, each started at 100

260 weekly closes, every 4th shown

  • Navneet Education 113
  • Flair Writing Industries 51
  • Kokuyo Camlin 107
  • DOMS Industries 140
  • Linc 144
  • NIFTY 500 142
Price of all 5 companies, each started at 100
Week endingNavneet EducationFlair Writing IndustriesKokuyo CamlinDOMS IndustriesLincNIFTY 500
12 Nov 2021100–100–100100
3 Dec 202190–91–8998
31 Dec 202180–89––100
28 Jan 202283–95––99
25 Feb 202275–88––92
25 Mar 202280–88––96
22 Apr 202292–98––96
20 May 202282–86–11288
17 Jun 202279–76–10384
15 Jul 202284–81–10292
12 Aug 2022114–101–121100
9 Sep 2022125–108–123101
7 Oct 2022116–101–11796
4 Nov 2022128–111–114101
2 Dec 2022115–117–159103
30 Dec 2022112–123–170100
27 Jan 202396–111–18296
24 Feb 202390–102–21495
24 Mar 202380–99–21193
21 Apr 2023102–105–26197
19 May 2023100–139–300100
16 Jun 2023113–168–306105
14 Jul 2023117–180–281110
11 Aug 2023129–224–270109
8 Sep 2023143–209–299113
6 Oct 2023148–197–328113
3 Nov 2023136–195–296112
1 Dec 2023129100225–293121
29 Dec 20231357721096277125
26 Jan 202413272204111263128
23 Feb 202414062195120254130
22 Mar 202412558166115216130
19 Apr 202413369183133234134
17 May 202414166225139252137
14 Jun 202413865217147243144
12 Jul 202413870221178251150
9 Aug 202414669247183250147
6 Sep 202413867302201262152
4 Oct 202412966268196268153
1 Nov 202413063249218268149
29 Nov 202412563205229263150
27 Dec 202412767184199268145
24 Jan 202512855175173235138
21 Feb 202511950149195198132
21 Mar 202512253156227186138
18 Apr 202512758160221177144
16 May 202513363169218236147
13 Jun 202512657178179235148
11 Jul 202512967180180241152
8 Aug 202512671165175212147
5 Sep 202513971171203227149
3 Oct 202514570158191209150
31 Oct 202514569149197215153
28 Nov 202513166136192205154
26 Dec 202512967128197185155
23 Jan 202612667118182173149
20 Feb 202613770123177179150
20 Mar 202611468111174171136
17 Apr 202614274128183167146
15 May 202612674134173160147
12 Jun 202612760122175163150
10 Jul 202613458126182179151
7 Aug 202612056122173166153
4 Sep 202611854116169158148
2 Oct 202611150109161144142
30 Oct 202611351107140–142
A break or a faint dotted stretch in a line is a week with no recorded close: Kokuyo Camlin, 3 Apr 2026 to 10 Apr 2026; DOMS Industries, 3 Apr 2026 to 10 Apr 2026; Linc, 24 Dec 2021 to 29 Apr 2022.

The NIFTY 500 line is dashed.

Biggest one-year moves

  1. 1Navneet Education LtdNAVNETEDUL · ₹2,790 cr−21.9%1 year
  2. 2Flair Writing Industries LtdFLAIR · ₹2,430 cr−25.9%1 year
  3. 3Kokuyo Camlin LtdKOKUYOCMLN · ₹748 cr−28.5%1 year
  4. 4DOMS Industries LtdDOMS · ₹11,100 cr−29.1%1 year
  5. 5Linc LtdLINC · ₹485 cr−34.5%1 year

Strongest against NIFTY 500

  1. 1Navneet Education LtdNAVNETEDUL · ₹2,790 cr−5.1%vs NIFTY 500
  2. 2Kokuyo Camlin LtdKOKUYOCMLN · ₹748 cr−8.0%vs NIFTY 500
  3. 3Flair Writing Industries LtdFLAIR · ₹2,430 cr−14.7%vs NIFTY 500
  4. 4DOMS Industries LtdDOMS · ₹11,100 cr−16.7%vs NIFTY 500

Strongest against the sector itself

  1. 1Navneet Education LtdNAVNETEDUL · ₹2,790 cr+6.7%vs sector
  2. 2Flair Writing Industries LtdFLAIR · ₹2,430 cr−3.8%vs sector

What did Stationery managements say about April to June 2026?

3 of 4 Printing & Stationery companies held a results call for April to June 2026. Flair Writing Industries guided: FY27 revenue growth at 15% on a year earlier.

Flair Writing Industries call 12 August 2026

“We expect to target an EBITDA margin of 17-18% for the year.”Mohit Rathod

Guided: FY27 revenue growth at 15% on a year earlier.

DOMS Industries call 4 August 2026

“By FY28, I think structurally there is nothing that has deteriorated, and once we have some stable price levels, the company will take the required decision to ensure that we again reach our guided range of about 16-17%.”Rahul Shah, CFO

Guided: FY27 consolidated sales growth 18-20%.

Navneet Education call 29 July 2026

“Because the back-to-school season has passed, and material must reach the US by August, that business is effectively lost for the year.”Sunil Gala, Managing Director

Guided: Publication FY27 revenue growth planned around 10.0%, with confidence to exceed 10.0%; July to September 2026 publication revenue should exceed ₹130 crore versus ₹91 crore in July to September 2025.

From the results calls for April to June 2026.

Is money moving into Stationery stocks? Who is adding capacity?

Big funds, foreign and Indian, raised their stake by 1.6 points over the last two quarters. Founders and promoters cut theirs by 1.4 points.

  • Spending on new plants and equipment was ₹454 crore in the last 12 months, 35% more than a year before.
  • Projects still being built grew 109% in a year.

Big funds = foreign and Indian institutions, change in their share of ownership across 5 Printing & Stationery companies, in percentage points.

Ownership and spending as of 10 October 2026.

What is changing in Stationery stocks?

This is the written read behind the Printing & Stationery figures above: what is actually happening in the industry, in words, with the evidence each claim rests on. It is dated 19 Apr 2026, so the words are older than the numbers. 4 themes are live here, 1 of them rated high severity.

The sector is a tale of two trajectories: FLAIR is successfully executing a premiumization strategy with operating leverage, while NAVNETEDUL is in a transition phase, using exceptional gains from K12 Techno to buffer operational weakness while it de-risks its export manufacturing base.

The Printing & Stationery sector is witnessing a sharp divergence in performance. FLAIR Writing Industries is capitalizing on a structural shift toward value-added products, reporting a 20.1% YoY revenue increase.

How old this read is: OLD: this read comes from our Printing & Stationery sector brief dated 19 Apr 2026, about 7 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.

What is live in this sector right now

Live theme, Severity, Evidence on file
Live themeSeverityEvidence on file
U.S. tariffs are impacting export margins and volumes.Named for Flair Writing Industries, Navneet Educationhigh“whatever our EBITDA was around 15%, 16% in exports, that has come down to 5%. So that is the impact today.” NAVNETEDUL is setting up a UAE plant; FLAIR notes U.S. exposure is only 3% of top line.
Gross profit margin compression due to product mix and raw material inputs.Named for Flair Writing Industriesmedium“Gross profit margin came in at 50.9%, a decrease of 95 bps year-on-year... decreased mainly due to a change of product mix.” Focus on automation and backward integration.
Uncertainty regarding GST treatment on paper for stationery manufacturing.Named for Navneet Educationmedium“for stationery, there is some confusion among the paper mills... clarification is also expected in the next GST Council.” Awaiting clarification from the next GST Council meeting.
Inventory stocking ahead of Chinese New Year impacting working capital.Named for Flair Writing Industrieslow“working capital in the third quarter normally is on a rise due to a higher stocking of goods... because of the Chinese New Year holidays” Management expects to reduce the cycle by 10 days by year-end.

Sources: our Printing & Stationery sector brief, 19 Apr 2026 · company earnings-call transcripts.

Which Stationery companies have the most revenue, and which grow fastest?

DOMS Industries Ltd has the highest Revenue among the 5 Printing & Stationery companies compared here, at ₹2,435 crore. Navneet Education Ltd is next at ₹1,715 crore. The same company also has the highest Revenue growth, at 19.9%. 5 of 5 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: DOMS Industries Ltd is the largest at ₹2,435 crore, 42% ahead of Navneet Education Ltd. DOMS Industries Ltd's growth is 19.9% from a ₹2,435 crore base, with 15 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

DOMS Industries Ltd · ₹2,435 croreLeader
42% versus #2 · Navneet Education LtdGap
8/8 recent comparable periodsPersistence
5/5 companies · 85 observationsCoverage

What this means: DOMS Industries Ltd is both the largest and the fastest-growing company here; the growth has to turn into margin and returns before it counts as more than a fast start.

This conclusion weakens if: DOMS Industries Ltd's revenue growth slows for two consecutive comparable reports while its operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue, by reported quarter

  • DOMS Industries ₹671 cr
  • Navneet Education ₹788 cr
  • Flair Writing Industries ₹319 cr
  • Kokuyo Camlin ₹229 cr
  • Linc ₹139 cr
Revenue, by reported quarter
QuarterDOMS IndustriesNavneet EducationFlair Writing IndustriesKokuyo CamlinLinc
Sep 2021———₹131 cr₹94 cr
Dec 2021———₹143 cr₹95 cr
Mar 2022———₹164 cr₹111 cr
Jun 2022———₹196 cr₹98 cr
Sep 2022———₹190 cr₹127 cr
Dec 2022₹304 cr₹264 cr₹232 cr₹173 cr₹125 cr
Mar 2023₹336 cr₹409 cr₹260 cr₹216 cr₹137 cr
Jun 2023₹379 cr₹791 cr₹247 cr₹236 cr₹112 cr
Sep 2023₹382 cr₹266 cr₹257 cr₹195 cr₹131 cr
Dec 2023₹372 cr₹259 cr₹225 cr₹168 cr₹124 cr
Mar 2024₹404 cr₹435 cr₹250 cr₹217 cr₹141 cr
Jun 2024₹445 cr₹798 cr₹247 cr₹229 cr₹130 cr
Sep 2024₹458 cr₹272 cr₹270 cr₹173 cr₹137 cr
Dec 2024₹501 cr₹282 cr₹265 cr₹161 cr₹122 cr
Mar 2025₹509 cr₹434 cr₹298 cr₹200 cr₹154 cr
Jun 2025₹562 cr₹794 cr₹289 cr₹227 cr₹137 cr
Sep 2025₹568 cr₹247 cr₹321 cr₹174 cr₹139 cr
Dec 2025₹592 cr₹250 cr₹318 cr₹178 cr₹129 cr
Mar 2026₹604 cr₹430 cr₹323 cr₹226 cr₹138 cr
Jun 2026₹671 cr₹788 cr₹319 cr₹229 cr₹139 cr

Revenue growth, by reported quarter

  • DOMS Industries 19%
  • Navneet Education −0.8%
  • Flair Writing Industries 10%
  • Kokuyo Camlin 0.8%
  • Linc 1.4%
Revenue growth, by reported quarter
QuarterDOMS IndustriesNavneet EducationFlair Writing IndustriesKokuyo CamlinLinc
Sep 2021—————
Dec 2021—————
Mar 2022—————
Jun 2022—————
Sep 2022———45%35%
Dec 2022———21%32%
Mar 2023———32%23%
Jun 2023———20%14%
Sep 2023———2.6%3.2%
Dec 202322%−1.9%−3.0%−2.7%−0.8%
Mar 202420%6.4%−3.9%0.5%2.8%
Jun 202417%0.9%0.0%−2.7%16%
Sep 202420%2.3%5.1%−11%4.8%
Dec 202435%8.9%18%−4.5%−1.5%
Mar 202526%−0.2%19%−7.9%9.3%
Jun 202526%−0.5%17%−0.9%5.3%
Sep 202524%−9.2%19%1.1%1.3%
Dec 202518%−11%20%11%5.8%
Mar 202619%−0.9%8.4%13%−11%
Jun 202619%−0.8%10%0.8%1.4%

5 of 5 companies report revenue, 5 of 5 revenue growth. On every company-comparison chart on this page the five leaders are drawn, level and change on separate charts, and a missing report breaks the line rather than being invented.

Revenue · largest

  1. 1DOMS Industries LtdDOMS₹2,440 cr
  2. 2Navneet Education LtdNAVNETEDUL₹1,720 cr
  3. 3Flair Writing Industries LtdFLAIR₹1,280 cr
  4. 4Kokuyo Camlin LtdKOKUYOCMLN₹808 cr
  5. 5Linc LtdLINC₹545 cr

Revenue growth · fastest growers

  1. 1DOMS Industries LtdDOMS20%
  2. 2Flair Writing Industries LtdFLAIR14%
  3. 3Kokuyo Camlin LtdKOKUYOCMLN6.2%
  4. 4Linc LtdLINC−1.0%
  5. 5Navneet Education LtdNAVNETEDUL−3.8%

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue, every company
CompanyRevenueRevenue growthReported
Navneet Education Ltd NAVNETEDUL₹788 cr−0.8%Jun 2026
DOMS Industries Ltd DOMS₹671 cr19%Jun 2026
Flair Writing Industries Ltd FLAIR₹319 cr10%Jun 2026
Kokuyo Camlin Ltd KOKUYOCMLN₹229 cr0.8%Jun 2026
Linc Ltd LINC₹139 cr1.4%Jun 2026

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

What to watch

Watch the next two reported quarters for growth persistence, margin conversion and whether the leader is gaining share without stretching working capital.

Which Stationery companies keep the most from each ₹100 of sales?

Navneet Education Ltd has the highest OPM among the 5 Printing & Stationery companies compared here, at 25%. Flair Writing Industries Ltd is next at 17%. Flair Writing Industries Ltd has the highest Margin change at 0 percentage points, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Navneet Education Ltd leads opm at 25%; Flair Writing Industries Ltd leads margin change at 0 percentage points.

Navneet Education Ltd · 25%Leader
47.1% versus #2 · Flair Writing Industries LtdGap
3/8 recent comparable periodsPersistence
5/5 companies · 90 observationsCoverage

What this means: Navneet Education Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM, by reported quarter

  • Navneet Education 25%
  • Flair Writing Industries 17%
  • DOMS Industries 12%
  • Linc 8.7%
  • Kokuyo Camlin 6.8%
OPM, by reported quarter
QuarterNavneet EducationFlair Writing IndustriesDOMS IndustriesLincKokuyo Camlin
Sep 20217.5%——8.1%7.8%
Dec 20214.3%——7.1%5.3%
Mar 202217%——5.3%4.7%
Jun 202228%——8.2%6.9%
Sep 20226.8%——12%7.7%
Dec 20220.0%23%16%15%5.2%
Mar 202313%21%18%14%7.9%
Jun 202326%21%16%12%10%
Sep 2023−1.6%21%17%9.6%8.9%
Dec 2023−0.7%15%19%11%7.5%
Mar 202418%20%19%12%10%
Jun 202428%17%19%11%12%
Sep 20240.7%19%19%12%−4.4%
Dec 20246.0%17%18%12%0.3%
Mar 202518%16%17%13%6.6%
Jun 202529%17%18%9.6%8.6%
Sep 20250.4%19%18%11%9.3%
Dec 2025−3.2%18%17%10.0%6.5%
Mar 202612%18%17%13%4.8%
Jun 202625%17%12%8.7%6.8%

Margin change, by reported quarter

  • Navneet Education −4.0 pp
  • Flair Writing Industries 0.0 pp
  • DOMS Industries −6.0 pp
  • Linc −0.9 pp
  • Kokuyo Camlin −1.8 pp
Margin change, by reported quarter
QuarterNavneet EducationFlair Writing IndustriesDOMS IndustriesLincKokuyo Camlin
Sep 2021+8.0 pp——+3.4 pp+6.0 pp
Dec 2021+21.1 pp——+4.4 pp−2.4 pp
Mar 2022−0.2 pp——−1.7 pp−3.8 pp
Jun 2022+11.6 pp——+5.7 pp+19.6 pp
Sep 2022−0.7 pp——+4.2 pp−0.1 pp
Dec 2022−4.3 pp——+7.6 pp−0.1 pp
Mar 2023−4.1 pp——+9.0 pp+3.3 pp
Jun 2023−2.2 pp——+3.6 pp+3.4 pp
Sep 2023−8.4 pp——−2.7 pp+1.2 pp
Dec 2023−0.7 pp−8.0 pp+3.0 pp−3.4 pp+2.3 pp
Mar 2024+5.0 pp−1.0 pp+1.0 pp−2.4 pp+2.4 pp
Jun 2024+2.0 pp−4.0 pp+3.0 pp−0.8 pp+1.8 pp
Sep 2024+2.3 pp−2.0 pp+2.0 pp+2.3 pp−13.3 pp
Dec 2024+6.7 pp+2.0 pp−1.0 pp+0.7 pp−7.2 pp
Mar 20250.0 pp−4.0 pp−2.0 pp+0.6 pp−3.8 pp
Jun 2025+1.0 pp0.0 pp−1.0 pp−1.4 pp−3.5 pp
Sep 2025−0.3 pp0.0 pp−1.0 pp−0.6 pp+13.7 pp
Dec 2025−9.2 pp+1.0 pp−1.0 pp−2.0 pp+6.2 pp
Mar 2026−6.0 pp+2.0 pp0.0 pp+0.4 pp−1.8 pp
Jun 2026−4.0 pp0.0 pp−6.0 pp−0.9 pp−1.8 pp

5 of 5 companies report OPM, 5 of 5 margin change.

OPM · highest

Margin change · fastest expanders

  1. 1Flair Writing Industries LtdFLAIR0.0 pp
  2. 2Linc LtdLINC−0.9 pp
  3. 3Kokuyo Camlin LtdKOKUYOCMLN−1.8 pp
  4. 4Navneet Education LtdNAVNETEDUL−4.0 pp
  5. 5DOMS Industries LtdDOMS−6.0 pp

All-company data · latest reported quarter

Operating margin, every company
CompanyOPMMargin changeReported
Navneet Education Ltd NAVNETEDUL25%−4.0 ppJun 2026
Flair Writing Industries Ltd FLAIR17%0.0 ppJun 2026
DOMS Industries Ltd DOMS12%−6.0 ppJun 2026
Linc Ltd LINC8.7%−0.9 ppJun 2026
Kokuyo Camlin Ltd KOKUYOCMLN6.8%−1.8 ppJun 2026

What to watch

Watch whether the next two comparable periods confirm the current margin change rather than reversing it.

Which Stationery companies earn the most profit?

Navneet Education Ltd has the highest Net profit among the 5 Printing & Stationery companies compared here, at ₹353 crore. DOMS Industries Ltd is next at ₹225 crore. Kokuyo Camlin Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Navneet Education Ltd earns the most, ₹353 crore of profit over the last 12 months, 56.9% above DOMS Industries Ltd. Kokuyo Camlin Ltd shows at least 100% on the scoring scale growth from a profit base of ₹22 crore. A fast rate from a small base matters less than a large profit that keeps coming.

Navneet Education Ltd · ₹353 croreLeader
56.9% versus #2 · DOMS Industries LtdGap
3/8 recent comparable periodsPersistence
5/5 companies · 85 observationsCoverage

What this means: Navneet Education Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit, by reported quarter

  • Navneet Education ₹141 cr
  • DOMS Industries ₹45 cr
  • Flair Writing Industries ₹29 cr
  • Linc ₹6.1 cr
  • Kokuyo Camlin ₹7.3 cr
Net profit, by reported quarter
QuarterNavneet EducationDOMS IndustriesFlair Writing IndustriesLincKokuyo Camlin
Sep 2021———₹4 cr₹5 cr
Dec 2021———₹3 cr₹2 cr
Mar 2022———₹3 cr₹3 cr
Jun 2022———₹4 cr₹8 cr
Sep 2022———₹10 cr₹4 cr
Dec 2022₹31 cr₹27 cr₹33 cr₹11 cr₹3.5 cr
Mar 2023₹23 cr₹36 cr₹33 cr₹12 cr₹8.8 cr
Jun 2023₹145 cr₹36 cr₹32 cr₹7 cr₹18.4 cr
Sep 2023₹36 cr₹38 cr₹33 cr₹8 cr₹9.5 cr
Dec 2023−₹13 cr₹39 cr₹19 cr₹7.6 cr₹5.6 cr
Mar 2024₹48 cr₹47 cr₹34 cr₹11.7 cr₹10.4 cr
Jun 2024₹747 cr₹54 cr₹26 cr₹8.4 cr₹16.2 cr
Sep 2024−₹5 cr₹54 cr₹33 cr₹8.8 cr−₹10.6 cr
Dec 2024₹15 cr₹54 cr₹29 cr₹8.6 cr−₹4.2 cr
Mar 2025₹48 cr₹51 cr₹31 cr₹11.9 cr₹4.4 cr
Jun 2025₹157 cr₹59 cr₹29 cr₹7.1 cr₹10.1 cr
Sep 2025−₹15 cr₹61 cr₹43 cr₹8.4 cr₹7.9 cr
Dec 2025₹188 cr₹61 cr₹33 cr₹6.9 cr₹4 cr
Mar 2026₹39 cr₹58 cr₹37 cr₹10.5 cr₹2.9 cr
Jun 2026₹141 cr₹45 cr₹29 cr₹6.1 cr₹7.3 cr

Profit growth, by reported quarter

  • Navneet Education −10%
  • DOMS Industries −24%
  • Flair Writing Industries 0.0%
  • Linc −14%
  • Kokuyo Camlin −27%
Profit growth, by reported quarter
QuarterNavneet EducationDOMS IndustriesFlair Writing IndustriesLincKokuyo Camlin
Sep 2021—————
Dec 2021—————
Mar 2022—————
Jun 2022—————
Sep 2022———150%−20%
Dec 2022———267%75%
Mar 2023———300%192%
Jun 2023———75%130%
Sep 2023———−20%137%
Dec 2023−142%44%−42%−31%59%
Mar 2024109%31%3.0%−2.8%19%
Jun 2024415%50%−19%20%−12%
Sep 2024−114%42%0.0%10%−212%
Dec 2024—38%53%13%−175%
Mar 20250.0%8.5%−8.8%2.1%−58%
Jun 2025−79%9.3%12%−16%−38%
Sep 2025—13%30%−4.3%—
Dec 20251,153%13%14%−20%—
Mar 2026−19%14%19%−12%−34%
Jun 2026−10%−24%0.0%−14%−27%

5 of 5 companies report net profit, 5 of 5 profit growth. The profit growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.

Net profit · largest

  1. 1Navneet Education LtdNAVNETEDUL₹353 cr
  2. 2DOMS Industries LtdDOMS₹225 cr
  3. 3Flair Writing Industries LtdFLAIR₹142 cr
  4. 4Linc LtdLINC₹31.9 cr
  5. 5Kokuyo Camlin LtdKOKUYOCMLN₹22 cr

Profit growth · fastest growers

All-company data · latest reported quarter

Net profit, every company
CompanyNet profitProfit growthReported
Navneet Education Ltd NAVNETEDUL₹141 cr−10%Jun 2026
DOMS Industries Ltd DOMS₹45 cr−24%Jun 2026
Flair Writing Industries Ltd FLAIR₹29 cr0.0%Jun 2026
Kokuyo Camlin Ltd KOKUYOCMLN₹7.3 cr−27%Jun 2026
Linc Ltd LINC₹6.1 cr−14%Jun 2026

What to watch

Watch whether the next two comparable periods confirm the current profit growth rather than reversing it.

Which Stationery companies earn the best return on capital?

DOMS Industries Ltd has the highest ROCE among the 5 Printing & Stationery companies compared here, at 24.3%. Linc Ltd is next at 19.1%. Kokuyo Camlin Ltd has the highest ROCE change at +8.5 percentage points, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: DOMS Industries Ltd leads ROCE at 24.3%, 5.2 percentage points above Linc Ltd. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

DOMS Industries Ltd · 24.3%Leader
27.2% versus #2 · Linc LtdGap
Not enough historyPersistence
5/5 companies · 44 observationsCoverage

What this means: DOMS Industries Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

Return on capital · company comparison

ROCE, by reported quarter

  • Linc 19%
  • Flair Writing Industries 17%
  • Kokuyo Camlin 9.9%
ROCE, by reported quarter
QuarterLincFlair Writing IndustriesKokuyo Camlin
Sep 20213.4%—1.3%
Dec 2021———
Mar 20226.0%—0.2%
Jun 2022———
Sep 202214%—11%
Dec 2022———
Mar 202326%19%14%
Jun 2023—24%—
Sep 202324%32%17%
Dec 2023—30%21%
Mar 202418%16%18%
Jun 2024—21%21%
Sep 202419%14%11%
Dec 202424%21%7.5%
Mar 202519%13%4.1%
Jun 202521%16%1.4%
Sep 202518%13%8.5%
Dec 202521%17%12%
Mar 202616%14%11%
Jun 202619%17%9.9%

ROCE change, by reported quarter

  • Linc −2.8 pp
  • Flair Writing Industries +0.3 pp
  • Kokuyo Camlin +8.5 pp
ROCE change, by reported quarter
QuarterLincFlair Writing IndustriesKokuyo Camlin
Sep 2021———
Dec 2021———
Mar 2022———
Jun 2022———
Sep 2022+10.9 pp—+9.5 pp
Dec 2022———
Mar 2023+20.0 pp—+13.7 pp
Jun 2023———
Sep 2023+9.2 pp—+6.3 pp
Dec 2023———
Mar 2024−8.1 pp−2.5 pp+4.3 pp
Jun 2024—−3.0 pp—
Sep 2024−4.3 pp−18.2 pp−6.1 pp
Dec 2024—−8.7 pp−13.8 pp
Mar 2025+0.9 pp−3.1 pp−14.1 pp
Jun 2025—−4.2 pp−19.6 pp
Sep 2025−1.5 pp−0.3 pp−2.5 pp
Dec 2025−2.4 pp−4.1 pp+4.6 pp
Mar 2026−3.2 pp+1.2 pp+6.7 pp
Jun 2026−2.8 pp+0.3 pp+8.5 pp

5 of 5 companies report ROCE, 5 of 5 ROCE change.

Withheld from this chart: DOMS Industries Ltd (DOMS): its two data sources disagree by up to 5.1% on reported income across 15 comparable periods, so its derived ratios are withheld; Navneet Education Ltd (NAVNETEDUL): its two data sources disagree by up to 94% on reported income across 15 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn, the gap is a decision, not missing data.

ROCE · highest

ROCE change · fastest improvers

  1. 1Kokuyo Camlin LtdKOKUYOCMLN+8.5 pp
  2. 2Flair Writing Industries LtdFLAIR+0.3 pp
  3. 3DOMS Industries LtdDOMS−2.0 pp
  4. 4Linc LtdLINC−2.8 pp
  5. 5Navneet Education LtdNAVNETEDUL−5.0 pp

All-company data · latest reported quarter

Return on capital, every company
CompanyROCEROCE changeReported
Linc Ltd LINC19%−2.8 ppJun 2026
Flair Writing Industries Ltd FLAIR17%+0.3 ppJun 2026
Kokuyo Camlin Ltd KOKUYOCMLN9.9%+8.5 ppJun 2026

What to watch

Watch whether the next two comparable periods confirm the current roce change rather than reversing it.

How are Stationery stocks valued against growth and quality?

Flair Writing Industries Ltd has the lowest PEG among the 5 Printing & Stationery companies compared here, at 1.18×. Kokuyo Camlin Ltd is next at 1.5×. Linc Ltd has the lowest P/E at 15.4×, so level and change sit with different companies. 3 of 5 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Flair Writing Industries Ltd has the lowest comparable PEG at 1.18×, 21.3% below Kokuyo Camlin Ltd. That would need today's multiple, the company's own history and steady growth to agree.

Flair Writing Industries Ltd · 1.18×Leader
21.3% versus #2 · Kokuyo Camlin LtdGap
0/8 recent comparable periodsPersistence
3/5 companies · 5 observationsCoverage

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG, by reported quarter

  • Flair Writing Industries 1.2
  • Kokuyo Camlin 1.5
  • Linc 2.4
PEG, by reported quarter
QuarterFlair Writing IndustriesKokuyo CamlinLinc
Sep 2021———
Dec 2021———
Mar 2022———
Jun 2022———
Sep 2022———
Dec 2022———
Mar 2023———
Jun 2023———
Sep 2023—1.5—
Dec 2023———
Mar 2024———
Jun 2024———
Sep 2024———
Dec 2024———
Mar 2025———
Jun 2025——2.1
Sep 2025——2.4
Dec 2025———
Mar 20262.4——
Jun 20261.2——

P/E, by reported quarter

  • Flair Writing Industries 20.0×
  • Kokuyo Camlin 35.6×
  • Linc 21.0×
P/E, by reported quarter
QuarterFlair Writing IndustriesKokuyo CamlinLinc
Sep 2021—−182.0×45.5×
Dec 2021—−236.9×31.2×
Mar 2022—−125.4×51.7×
Jun 2022—31.1×26.3×
Sep 2022—38.5×21.6×
Dec 2022—49.0×21.8×
Mar 2023—37.0×21.2×
Jun 2023—49.2×26.3×
Sep 2023—40.3×29.6×
Dec 202331.1×36.3×28.5×
Mar 202422.4×26.4×22.3×
Jun 202426.6×34.7×25.1×
Sep 202428.7×48.8×31.9×
Dec 202428.3×59.3×26.4×
Mar 202519.3×86.8×16.2×
Jun 202522.4×225.9×22.8×
Sep 202525.6×195.7×19.4×
Dec 202524.2×49.0×18.3×
Mar 202622.3×27.9×16.3×
Jun 202620.0×35.6×21.0×

3 of 5 companies report PEG, 5 of 5 P/E.

PEG · lowest PEG

P/E · lowest P/E

  1. 1Linc LtdLINC15.4×
  2. 2Flair Writing Industries LtdFLAIR17.4×
  3. 3Navneet Education LtdNAVNETEDUL22.3×
  4. 4Kokuyo Camlin LtdKOKUYOCMLN34.0×
  5. 5DOMS Industries LtdDOMS50.9×

All-company data · latest reported quarter

Valuation, every company
CompanyPEGP/EReported
Linc Ltd LINC2.421.0×Jun 2026
Kokuyo Camlin Ltd KOKUYOCMLN1.535.6×Jun 2026
Flair Writing Industries Ltd FLAIR1.220.0×Jun 2026
DOMS Industries Ltd DOMS—67.5×Jun 2026
Navneet Education Ltd NAVNETEDUL—20.1×Jun 2026

What to watch

Watch whether the next two comparable periods confirm the current p/e rather than reversing it.

Which stock lists do Stationery companies appear on?

Printing & Stationery companies show up on 3 of our India lists. The most are on the 52 week high & low list (1 company).

What can make this comparison misleading?

This Printing & Stationery comparison names 5 specific ways its own evidence can mislead, all listed below. All 5 companies here report on comparable dates, so no rank carries a stale marker. 2 have second-source figures left out because the two sources disagree. A high growth rate can still come from a very small starting figure.

Keep these limits visible

  • A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
  • The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 2 companies are missing from the second-source figures on purpose: the two sources disagree, so nothing from the second is drawn. Those rows have less evidence; that does not make the business weaker.

How was this comparison built?

This comparison is built from the reported filings of 5 Printing & Stationery companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 30 October 2026.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 30 October 2026 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and old evidence lowers confidence and pulls the 0 to 100 score toward the middle.
Source standing3 cross-checked · 0 unverified · 2 withheld, of 5 graded companies.

2 of 5 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: DOMS Industries Ltd (DOMS): its two data sources disagree by up to 5.1% on reported income across 15 comparable periods, so its derived ratios are withheld; Navneet Education Ltd (NAVNETEDUL): its two data sources disagree by up to 94% on reported income across 15 comparable periods, so its derived ratios are withheld.

How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree, the figures are simply used. Where there is too little shared history to compare, the figures are still drawn, they are the only evidence there is, and marked unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

What else do people ask about Stationery stocks?

These 24 answers restate the Printing & Stationery comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.

Is the Stationery sector outperforming NIFTY 500?

Printing & Stationery has done worse than the NIFTY 500 by 20.6% over 52 weeks and by 6.8% over 13 weeks.

0 of 5 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months) (1 has no relative-strength reading yet), and 1 of the 2 with a long enough price history is ahead of the industry itself.

Which Stationery company is largest by revenue?

DOMS Industries Ltd leads with revenue of ₹2,435 crore, based on 5 of 5 comparable companies through Jun 2026.

Which Stationery company is growing fastest?

DOMS Industries Ltd has the fastest current revenue growth at 19.9%, across 5 of 5 comparable companies.

Which Stationery company has the strongest 4-Factor Sector Score?

Flair Writing Industries Ltd ranks first at 59.8 out of 100, with 100% of the evidence available. The score ranks published data; it is not a recommendation.

Which Stationery company has the lowest comparable PEG?

Flair Writing Industries Ltd has the lowest comparable PEG at 1.18, among 3 of 5 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Stationery comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four parts add up directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or old evidence moves only that part toward the middle.

Is there a Nifty Stationery index?

NSE runs Nifty indices for several broad sectors, such as Nifty Bank, Nifty IT and Nifty Pharma, but not for every smaller group on this site.

Whether or not an official Nifty index covers Printing & Stationery, this page builds its own equal-weight basket of 5 listed Printing & Stationery companies: one company, one vote, whatever its size, so no single large company dominates. Figures are as of Jun 2026.

Which are the best Stationery stocks in India?

Ranked by this page's four-factor score, Flair Writing Industries Ltd comes first among 5 listed Printing & Stationery companies, followed by DOMS Industries Ltd. That is a ranking of published data (earnings, quality, valuation and share-price behaviour as of Jun 2026), not a recommendation.

How many Stationery stocks are listed in India?

This comparison covers 5 listed Printing & Stationery companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Stationery company is the biggest?

DOMS Industries Ltd is the largest, with revenue of ₹2,435 crore over the last 12 months, ahead of Navneet Education Ltd at ₹1,715 crore. That covers 5 of 5 companies with comparable reporting through Jun 2026.

Which Stationery company has the best profit margins?

Navneet Education Ltd has the highest operating margin at 25%, from 5 of 5 comparable companies. Flair Writing Industries Ltd shows the biggest recent improvement, at 0 percentage points. A high margin matters most when it is steady or rising, not when it is at a peak.

Which Stationery company makes the most profit?

Navneet Education Ltd earns the most, at ₹353 crore of net profit over the last 12 months, from 5 of 5 comparable companies.

Kokuyo Camlin Ltd has the fastest profit growth at the 100% cap of the scoring scale, though growth off a small or recovering profit base overstates how much has actually changed.

Which Stationery company earns the highest return on capital?

DOMS Industries Ltd leads on return on capital employed at 24.3%, across 5 of 5 companies. A high return that repeats for years shows a lasting business, while a single high reading can come from a small capital base or one good year.

Which Stationery stock has the lowest PEG ratio?

On PEG (where a lower number means a lower price for what the company earns), Flair Writing Industries Ltd has the lowest at 1.18×.

Only 3 of 5 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a ranking of the whole industry. A low multiple is a reason to look closer at the business, not a conclusion on its own.

Is the Stationery sector beating the market?

Printing & Stationery has done worse than the NIFTY 500 by 20.6% over the last 52 weeks and by 6.8% over 13 weeks, measured on an equal-weight index of its current members.

Inside the sector, 0 of the 5 companies we track are beating the market on their own (1 has no relative-strength reading yet). Sector strength does not transfer evenly to every stock in it.

Which Stationery stock has the strongest price momentum?

Navneet Education Ltd has the strongest relative strength against the NIFTY 500, meaning its share price has done best against the index. A price can move well before the business results back it up, and sometimes without them.

Which Stationery company has the highest 4-Factor score?

Flair Writing Industries Ltd scores 59.8 out of 100, with 100% of the evidence available, from 23.7 points on growth and earnings, 12.9 on capital efficiency, 16.9 on valuation and 6.3 on relative strength.

It ranks published data only; management quality, upcoming events and risks are not part of the score.

How many Stationery companies does this comparison cover, and over what period?

This comparison covers 5 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list, nothing is dropped for having thin data.

What is the total market cap of the Stationery sector?

The 5 Printing & Stationery companies on this page carry ₹17,524 crore of combined market value. DOMS Industries Ltd is the largest at ₹11,067 crore, about 63% of the sector's total on its own. Market value moves with price, so this reading is dated 30 October 2026.

What is the Stationery sector's P/E ratio?

The median price-to-earnings ratio across the 5 Printing & Stationery companies on this page is 22.3×, measured on the 5 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past.

Figures are as of 30 October 2026.

How is the Stationery sector performing?

0 of the 5 Printing & Stationery companies we track are doing better than the NIFTY 500 on relative strength (how a share price has done against the index over recent months) (1 has no relative-strength reading yet).

The sector itself is 20.6% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing figures are never estimated, copied forward or swapped for a similar-looking line, and a company with missing evidence has its score pulled toward the middle rather than scored as bad.

Is this advice?

No, every figure here is worked out by code from company filings and market data, for research. It does not account for your situation and is not a substitute for advice from a registered adviser.

More lists

Every Sector Alpha list, grouped

Every India sector against its index · What changed this week · Plain-text data
Sector Alpha, written by code from the published numbers · Fundamentals through Jun 2026 · Prices through 30 October 2026. Every ranking is worked out by code from reported figures. Missing values stay missing.

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.