{"id":292318,"date":"2026-10-07T13:24:37","date_gmt":"2026-10-07T07:54:37","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=292318"},"modified":"2026-10-07T13:24:37","modified_gmt":"2026-10-07T07:54:37","slug":"stationery-and-luggage-stocks-strong-roadmap","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/","title":{"rendered":"3 Stationery and Luggage Stocks With a Strong Future Roadmap: DOMS Industries, Flair Writing Industries and Safari Industries (India)"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>DOMS Rs 2,073.20, P\/E 55.74. Flair Writing Rs 227.84, P\/E 17.01. Safari Rs 1,318.00, P\/E 39.13. Closing prices of 6 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Stationery and luggage stocks with the clearest long-term roadmaps today include DOMS Industries in pencils, pens and art materials for schools, Flair Writing Industries in writing instruments and stationery and Safari Industries (India) in hard-sided luggage and bags. FY26 revenue growth was 21.2% at DOMS, 15.1% at Flair Writing and 15.1% at Safari. P\/E stands at 55.74 for DOMS (industry 32.89), 17.01 for Flair Writing (industry 32.89) and 39.13 for Safari (industry 35.17). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Stationery and luggage stocks give investors exposure to makers of pencils, pens and hard luggage that sell through schools, retailers and online channels. Results depend on school demand, travel trends and brand strength, which is why margins and cash flow matter as much as headline growth.<\/p>\n<p>This list covers three school and travel goods stocks: DOMS Industries for pencils, pens and art materials for schools, Flair Writing Industries for writing instruments and stationery and Safari Industries (India) for hard-sided luggage and bags. Every figure comes from the latest reported financials and the 6 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=stationery-and-luggage-stocks-strong-roadmap\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#What_Are_Stationery_and_Luggage_Stocks\" title=\"What Are Stationery and Luggage Stocks?\">What Are Stationery and Luggage Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Stationery_and_Luggage_Stocks_at_a_Glance\" title=\"Stationery and Luggage Stocks at a Glance\">Stationery and Luggage Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Why_Do_Stationery_and_Luggage_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Stationery and Luggage Stocks Have a Strong Roadmap in India?\">Why Do Stationery and Luggage Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#DOMS_Industries_Pencils_and_Art_Materials_Anchor_the_Roadmap\" title=\"DOMS Industries: Pencils and Art Materials Anchor the Roadmap\">DOMS Industries: Pencils and Art Materials Anchor the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Flair_Writing_Industries_Writing_Instruments_Drive_the_Pipeline\" title=\"Flair Writing Industries: Writing Instruments Drive the Pipeline\">Flair Writing Industries: Writing Instruments Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Safari_Industries_India_Hard_Luggage_and_Travel_Demand_Build_the_Next_Leg\" title=\"Safari Industries (India): Hard Luggage and Travel Demand Build the Next Leg\">Safari Industries (India): Hard Luggage and Travel Demand Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Best_Stationery_and_Luggage_Stocks_in_India_DOMS_vs_Flair_Writing_vs_Safari_on_Key_Financials\" title=\"Best Stationery and Luggage Stocks in India: DOMS vs Flair Writing vs Safari on Key Financials\">Best Stationery and Luggage Stocks in India: DOMS vs Flair Writing vs Safari on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#How_to_Evaluate_Pencil_Pen_and_Luggage_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Pencil, Pen and Luggage Stocks to Buy Before You Invest\">How to Evaluate Pencil, Pen and Luggage Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Risks_to_Consider_Before_Investing_in_Stationery_and_Luggage_Stocks\" title=\"Risks to Consider Before Investing in Stationery and Luggage Stocks\">Risks to Consider Before Investing in Stationery and Luggage Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#FAQs_on_Stationery_and_Luggage_Stocks\" title=\"FAQs on Stationery and Luggage Stocks\">FAQs on Stationery and Luggage Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Which_are_the_best_stationery_and_luggage_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best stationery and luggage stocks in India with a strong roadmap?\">Which are the best stationery and luggage stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Is_DOMS_Industries_a_good_stock_to_buy_now\" title=\"Is DOMS Industries a good stock to buy now?\">Is DOMS Industries a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#What_is_the_PE_ratio_of_DOMS_Flair_Writing_and_Safari\" title=\"What is the P\/E ratio of DOMS, Flair Writing and Safari?\">What is the P\/E ratio of DOMS, Flair Writing and Safari?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Which_of_these_stationery_and_luggage_stocks_has_the_highest_return_on_equity\" title=\"Which of these stationery and luggage stocks has the highest return on equity?\">Which of these stationery and luggage stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#What_are_the_risks_of_investing_in_stationery_and_luggage_stocks\" title=\"What are the risks of investing in stationery and luggage stocks?\">What are the risks of investing in stationery and luggage stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#How_did_DOMS_Flair_Writing_and_Safari_perform_in_Q1_FY27\" title=\"How did DOMS, Flair Writing and Safari perform in Q1 FY27?\">How did DOMS, Flair Writing and Safari perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#Do_stationery_and_luggage_stocks_pay_dividends\" title=\"Do stationery and luggage stocks pay dividends?\">Do stationery and luggage stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-luggage-stocks-strong-roadmap\/#How_can_I_invest_in_stationery_and_luggage_stocks_in_India\" title=\"How can I invest in stationery and luggage stocks in India?\">How can I invest in stationery and luggage stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Stationery_and_Luggage_Stocks\"><\/span><strong>What Are Stationery and Luggage Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Stationery and luggage stocks are shares of companies that make pencils, pens, art materials and travel bags. Results depend on school enrolment, consumer spending, travel growth, brand pull and operating margin, so strong brands and wide distribution separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stationery_and_Luggage_Stocks_at_a_Glance\"><\/span><strong>Stationery and Luggage Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three stationery and luggage stocks as of the 6 October 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/doms\/doms-industries-ltd-share-price-today\">DOMS Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,073.20<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,584<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">55.74<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.89<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.87%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.12<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/flair\/flair-writing-industries-ltd-share-price-today\">Flair Writing Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">227.84<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,406<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.01<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.89<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.24%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.06<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/safari\/safari-industries-india-ltd-share-price-today\">Safari Industries (India)<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,318.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,459<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.13<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.17<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.05%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.10<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among school and travel goods stocks, Flair Writing trades below the industry P\/E, while DOMS and Safari trade at a premium to the industry multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Stationery_and_Luggage_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Stationery and Luggage Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Stationery and luggage stocks have a strong roadmap in India because school enrolment is steady, branded products are replacing unbranded ones and more families are travelling by air and rail. Three drivers stand out.<\/p>\n<ul>\n<li><strong>School demand:<\/strong> Pencils, pens and art kits sell every school year.<\/li>\n<li><strong>Shift to brands:<\/strong> Parents and travellers prefer trusted brands.<\/li>\n<li><strong>Rising travel:<\/strong> More trips lift demand for hard luggage.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"DOMS_Industries_Pencils_and_Art_Materials_Anchor_the_Roadmap\"><\/span><strong>DOMS Industries: Pencils and Art Materials Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>DOMS&#8217; roadmap rests on pencils, pens and art materials for schools, with new product categories and export markets widening its range.<\/p>\n<p>Revenue grew from Rs 686.23 crore in FY22 to Rs 2,344.93 crore in FY26, a 241.7% rise, and FY26 revenue was 21.2% higher than FY25. FY26 net profit rose 12.2% to Rs 239.56 crore. Over four years, net profit rose from Rs 17.14 crore in FY22 to Rs 239.56 crore. In Q1 FY27, revenue grew 19.0% to Rs 674.50 crore, and net profit fell 23.4% to Rs 45.28 crore. Operating margin was 18.10% in FY26 and 12.91% in Q1 FY27 against 18.36% a year earlier.<\/p>\n<p>Debt to equity is 0.12 and return on equity is 18.87%. FY26 operating cash flow was Rs 254.34 crore against capital expenditure of Rs 292.84 crore. DOMS paid a dividend of Rs 3.65 per share for FY26, a yield of 0.18%. At a P\/E of 55.74 against an industry P\/E of 32.89, the stock trades above its industry multiple.<\/p>\n<p>What to watch: FY26 capex of Rs 292.84 Cr was above operating cash flow of Rs 254.34 Cr, and the Q1 FY27 operating margin of 12.91% was below the 18.36% of a year earlier. Q1 FY27 net profit was 23.4% lower than a year earlier; the P\/E of 55.74 sits above the industry P\/E of 32.89, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Flair_Writing_Industries_Writing_Instruments_Drive_the_Pipeline\"><\/span><strong>Flair Writing Industries: Writing Instruments Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Flair Writing&#8217;s roadmap rests on writing instruments and stationery, with a wide dealer network and exports supporting volumes.<\/p>\n<p>Revenue grew from Rs 587.64 crore in FY22 to Rs 1,270.87 crore in FY26, a 116.3% rise, and FY26 revenue was 15.1% higher than FY25. FY26 net profit rose 18.7% to Rs 141.35 crore. Over four years, net profit rose from Rs 55.15 crore in FY22 to Rs 141.35 crore. In Q1 FY27, revenue grew 9.8% to Rs 320.49 crore, and net profit rose 0.4% to Rs 29.08 crore. Operating margin was 19.65% in FY26 and 17.10% in Q1 FY27 against 18.30% a year earlier.<\/p>\n<p>Debt to equity is 0.06 and return on equity is 12.24%. FY26 operating cash flow was Rs 137.18 crore against capital expenditure of Rs 141.14 crore. Flair Writing paid a dividend of Rs 0.5 per share for FY26, a yield of 0.22%. At a P\/E of 17.01 against an industry P\/E of 32.89, the stock trades below its industry multiple.<\/p>\n<p>What to watch: FY26 capex of Rs 141.14 Cr was above operating cash flow of Rs 137.18 Cr, and return on equity of 12.24% is modest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Safari_Industries_India_Hard_Luggage_and_Travel_Demand_Build_the_Next_Leg\"><\/span><strong>Safari Industries (India): Hard Luggage and Travel Demand Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Safari&#8217;s roadmap rests on hard-sided luggage and bags, with rising travel and a wider retail network supporting sales.<\/p>\n<p>Revenue grew from Rs 713.16 crore in FY22 to Rs 2,071.81 crore in FY26, a 190.5% rise, and FY26 revenue was 15.1% higher than FY25. FY26 net profit rose 17.5% to Rs 167.76 crore. Over four years, net profit rose from Rs 22.37 crore in FY22 to Rs 167.76 crore. In Q1 FY27, revenue grew 11.6% to Rs 595.78 crore, and net profit fell 5.4% to Rs 47.75 crore. Operating margin was 13.50% in FY26 and 14.04% in Q1 FY27 against 16.12% a year earlier.<\/p>\n<p>Debt to equity is 0.10 and return on equity is 15.05%. FY26 operating cash flow was Rs 173.36 crore against capital expenditure of Rs 70.44 crore. Safari paid a dividend of Rs 4 per share for FY26, a yield of 0.30%. At a P\/E of 39.13 against an industry P\/E of 35.17, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The Q1 FY27 operating margin of 14.04% was below the 16.12% of a year earlier, and FY25 net profit of Rs 142.80 Cr was lower than the Rs 175.81 Cr of FY24. Q1 FY27 net profit was 5.4% lower than a year earlier; the P\/E of 39.13 sits above the industry P\/E of 35.17, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Stationery_and_Luggage_Stocks_in_India_DOMS_vs_Flair_Writing_vs_Safari_on_Key_Financials\"><\/span><strong>Best Stationery and Luggage Stocks in India: DOMS vs Flair Writing vs Safari on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best stationery and luggage stocks in India, Flair Writing leads on FY26 operating margin and the lowest P\/E; DOMS leads on Q1 FY27 revenue growth and five-year revenue growth. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">DOMS<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Flair Writing<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Safari<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,344.93<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,270.87<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,071.81<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Revenue growth FY22 to FY26<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">241.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">116.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">190.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">239.56<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">141.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">167.76<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating profit margin<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.10%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.65%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.50%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 net profit growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-23.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-5.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.87%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.24%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.05%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">55.74<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.01<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.13<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.12<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.06<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.18%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.22%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.30%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">254.34<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">137.18<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">173.36<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Stationery and luggage earnings follow school seasons and travel demand, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Pencil_Pen_and_Luggage_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Pencil, Pen and Luggage Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen stationery and luggage stocks and shortlist pencil, pen and luggage stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by stock.<\/li>\n<li>Track operating margin across several quarters, because input costs can move faster than prices.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these stationery and luggage stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Stationery_and_Luggage_Stocks\"><\/span><strong>Risks to Consider Before Investing in Stationery and Luggage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Quarterly profit:<\/strong> DOMS and Safari reported lower Q1 FY27 profit than a year earlier and Flair&#8217;s was flat.<\/li>\n<li><strong>Valuation:<\/strong> DOMS trades at 55.74 times earnings against an industry multiple of 32.89.<\/li>\n<li><strong>Capex:<\/strong> DOMS and Flair spent more on capex than they earned in operating cash flow in FY26.<\/li>\n<li><strong>Seasonality:<\/strong> Sales cluster around the school and wedding seasons.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track DOMS, Flair Writing and Safari live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three pencil, pen and luggage stocks cover pencils and art materials, writing instruments, and hard luggage. Flair Writing leads on FY26 operating margin and the lowest P\/E; DOMS leads on Q1 FY27 revenue growth and five-year revenue growth.<\/p>\n<p>Across school and travel goods stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the pencil, pen and luggage stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Stationery_and_Luggage_Stocks\"><\/span><strong>FAQs on Stationery and Luggage Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_stationery_and_luggage_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best stationery and luggage stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> DOMS Industries, Flair Writing Industries and Safari Industries (India) stand out for their roadmaps in pencils, pens and luggage. FY26 revenue growth was 21.2% at DOMS, 15.1% at Flair Writing and 15.1% at Safari, and return on equity ranges from 12.24% to 18.87%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_DOMS_Industries_a_good_stock_to_buy_now\"><\/span><strong>Is DOMS Industries a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> DOMS Industries has a debt to equity ratio of 0.12, a return on equity of 18.87% and a P\/E of 55.74 against an industry P\/E of 32.89. Quarterly profit, valuation and capex move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_DOMS_Flair_Writing_and_Safari\"><\/span><strong>What is the P\/E ratio of DOMS, Flair Writing and Safari?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 55.74 for DOMS (industry 32.89), 17.01 for Flair Writing (industry 32.89) and 39.13 for Safari (industry 35.17). Only DOMS and Safari trade at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_stationery_and_luggage_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these stationery and luggage stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> DOMS Industries has the highest return on equity at 18.87%, followed by Safari Industries (India) at 15.05% and Flair Writing Industries at 12.24%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_stationery_and_luggage_stocks\"><\/span><strong>What are the risks of investing in stationery and luggage stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are lower quarterly profit, a high valuation at one firm, capex ahead of cash flow and seasonality. DOMS trades at 55.74 times earnings against an industry multiple of 32.89.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_DOMS_Flair_Writing_and_Safari_perform_in_Q1_FY27\"><\/span><strong>How did DOMS, Flair Writing and Safari perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> DOMS Industries reported revenue of Rs 674.50 crore, up 19.0% year on year, and net profit fell 23.4% to Rs 45.28 crore. Flair Writing Industries reported revenue of Rs 320.49 crore, up 9.8% year on year, and net profit rose 0.4% to Rs 29.08 crore. Safari Industries (India) reported revenue of Rs 595.78 crore, up 11.6% year on year, and net profit fell 5.4% to Rs 47.75 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_stationery_and_luggage_stocks_pay_dividends\"><\/span><strong>Do stationery and luggage stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, all three companies pay dividends. The dividend yield is 0.18% for DOMS, 0.22% for Flair Writing and 0.30% for Safari, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_stationery_and_luggage_stocks_in_India\"><\/span><strong>How can I invest in stationery and luggage stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy stationery and luggage stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best stationery and luggage stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"DOMS Industries, Flair Writing Industries and Safari Industries (India) stand out for their roadmaps in pencils, pens and luggage. FY26 revenue growth was 21.2% at DOMS, 15.1% at Flair Writing and 15.1% at Safari, and return on equity ranges from 12.24% to 18.87%.\"}},{\"@type\":\"Question\",\"name\":\"Is DOMS Industries a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"DOMS Industries has a debt to equity ratio of 0.12, a return on equity of 18.87% and a P\/E of 55.74 against an industry P\/E of 32.89. Quarterly profit, valuation and capex move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio of DOMS, Flair Writing and Safari?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E ratio is 55.74 for DOMS (industry 32.89), 17.01 for Flair Writing (industry 32.89) and 39.13 for Safari (industry 35.17). 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The dividend yield is 0.18% for DOMS, 0.22% for Flair Writing and 0.30% for Safari, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in stationery and luggage stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy stationery and luggage stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DOMS Industries, Flair Writing Industries and Safari Industries (India) compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":28,"featured_media":292316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[9497,9498,9496,9495,9499,9494],"class_list":["post-292318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-doms-industries","tag-flair-writing-industries","tag-pen-and-luggage-stocks","tag-pencil","tag-safari-industries-india","tag-stationery-and-luggage-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["292316"],"rank_math_title":["Stationery and Luggage Stocks: DOMS, Flair Writing, Safari"],"rank_math_description":["Stationery and luggage stocks with a strong roadmap: DOMS, Flair Writing and Safari compared on growth, margins, valuation and risks. 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