Pioneer Distilleries Ltd.
Snapshot View

158.50 -1.80 ▼-1.1%

20 May 2022, 02:00:44 PM
Volume: 25,136

Overview View Details

Sector Alcohol Compare with Sector peers
Industry Breweries & Distilleries Compare with Industry peers
Website http://www.pioneerdistilleries.com
Market Cap 216.69 Cr.
Enterprise Value(EV) 679.51 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -53.75 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2022-03
Industry PE 65.75 Trailing Twelve Months Ending 2022-03
Book Value / Share -251.95 Trailing Twelve Months Ending 2022-03
Price to Book Value -0.64 Calculated using Price: 161.85
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.34 Cr. 13,388,200 Shares
FaceValue 10
Company Profile

Pioneer Distilleries was originally incorporated as a public limited company on November, 25, 1992 under the name ‘Ganga Orgchem Limited’. Subsequently the name of the company was changed to Pioneer Distilleries. The registered office of the company is situated in Nanded District in Maharashtra .

Promoted by K.V. Rajeshwar Rao,   K. Sudhir Rao, K. Suhan Rao and L. Venkateswara Rao, the company began its commercial production in the year 1999. Since then under the able guidance and expertise of the promoters coupled with continued support and co-operation from other independent directors and institutional nominees on the board, the company has been able to strengthen its performance and embark upon expansion programmes. In the year 1994, the company embarked upon setting up a stand alone distillery with the main objective to manufacture Extra Neutral Alcohol (ENA) Rectified Spirit (RS) and Special Denatured Spirit (SDS) with a total capacity of 150 lakh litres per annum.  In 1996, to raise resources, the company made public issue of equity shares thus taking into its fold resident, non resident and institutional investors. The company is now listed with the Stock Exchange, Mumbai and the Pune Stock Exchange Limited. 

PDL’s plant is at Nanded Maharashtra, which is located near many sugar factories that ensure regular and cheap supply of its raw material i.e. molasses. During FY07, company doubled its production capacity from 50 KLPD to 100 KLPD (kilo litres per day) and is currently running at 100% capacity utilization. Hence it is planning to further double the installed capacity to 200 KLPD for which statutory permission from the excise has been received.

On the back of increased demand for ethanol product from petroleum companies, PDL is also contemplating to increase the capacity of ethanol plant from 30,000 to 130,000 ltrs per day. In addition it is also looking to set up acetic acid plant of 30 MT per day and ethyl acetate of 20 MT per day capacity. Apart from all these, company is setting up a 5 MW biogas based power generation project and additional effluent treatment plant to become a zero discharge company in the future. Both of these are expected to commence operation by August 2008 through a capex of Rs 40 cr. Notably, PDL is entitled to get carbon credits for its biogas power project and hence is in the process of tying up with a reputed organization based in UK for getting the registration with UNFCCC. However the power generated will be sold to Maharashtra power grid thereby generating extra source of income.

Product range of the company includes:

  • Extra Neutral Alcohol
  • Rectified Spirit
  • Special Denatured Spirit
  • Absolute Alcohol (Ethanol)

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.12%
1 Week
-4.55%
1 Month
-8.36%
3 Month
-5.99%
6 Month
-15.38%
1 Year
+41.20%
2 Year
+45.48%
5 Year
+12.01%
10 Year
+482.72%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%)
Return on Capital Employed (%) -19.66 -3.98 164.49 -24.20 48.15 -18.90 -17.92 -26.17
Return on Assets (%) -10.24 -6.85 -6.39 6.43 -8.06 14.20 -12.29 -31.05 -20.53

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds -31 -58 -92 -15 -45 26 -42 -190 -278 -320
Non Curr. Liab. 194 200 205 169 163 203 171 238 247 250
Curr. Liab. 129 187 235 180 295 345 389 395 432 435
Minority Int.
Equity & Liab. 293 329 349 334 413 573 518 443 401 365
Non Curr. Assets 231 263 251 235 321 358 365 329 305 286
Curr. Assets 61 66 98 98 92 215 153 114 96 79
Misc. Exp. not W/O
Total Assets 293 329 349 334 413 573 518 443 401 365

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 104 146 182 190 113 302 138 172 167 212
Other Income 0 0 1 0 0 3 4 8 3 3
Total Income 104 146 182 190 113 305 143 180 171 215
Total Expenditure -111 -137 -153 -109 -110 -144 -162 -189 -192 -218
PBIDT -8 8 29 81 3 161 -19 -9 -21 -4
Interest -10 -19 -39 -24 -19 -23 -29 -34 -32 -34
Depreciation -9 -11 -24 -26 -27 -37 -49 -47 -33 -34
Taxation -1 12 -10 13 -32 30 -60
Exceptional Items
PAT -28 -21 -22 22 -30 70 -67 -149 -87 -72
Adjusted EPS -21 -16 -16 16 -22 52 -50 -111 -65 -54

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -18 10 58 78 51 35 -14 -91 29 5
Cash Fr. Inv. -31 -36 -39 -19 -6 -93 -51 -11 -5 -17
Cash Fr. Finan. 50 25 -19 -59 -46 58 65 102 -24 11
Net Change 1 -1 1 1 -1 0 0 0 0 -1
Cash & Cash Eqvt 2 1 1 2 1 0 0 0 1 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
Public 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 13 Apr 2022
General updates
Pioneer Distilleries Limited has informed the Exchange about Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March 2022
Tue, 12 Apr 2022
General updates
Pioneer Distilleries Limited has informed the Exchange about Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March 2022
Thu, 31 Mar 2022
Closure of trading window
Pioneer Distilleries Limited has informed the Exchange about Closure of trading window

Technical Scans View Details

Thu, 19 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Closing Below Previous Low Closing Below Previous Low
High Increase 1 Year High Increase 1 Year

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