Pioneer Distilleries Ltd.
Snapshot View

126.75 -0.35 ▼-0.3%

05 August 2021, 04:00:00 P.M.
Volume: 595

Overview View Details

Sector Alcohol Compare with Sector peers
Industry Breweries & Distilleries Compare with Industry peers
Website http://www.pioneerdistilleries.com
Financial Indicators
Market Cap 170.16 Cr.
Earnings per share (EPS) -65.04 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-06
Industry PE 75.34 Trailing Twelve Months Ending 2021-06
Book Value / Share -222.38 Trailing Twelve Months Ending 2021-06
Price to Book Value -0.57 Calculated using Price: 127.10
Dividend Yield 0.00 Period Ending 2020-03
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
-0.28%
1 Week
+0.64%
1 Month
-3.50%
3 Month
+17.69%
6 Month
+10.70%
1 Year
+11.67%
2 Year
+10.65%
5 Year
-11.24%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -1,188.15
Return on Capital Employed (%) -10.68 -19.66 -3.98 164.49 -24.20 48.15 -18.90 -17.92
Return on Assets (%) -11.18 -10.24 -6.85 -6.39 6.43 -8.06 14.20 -12.29 -31.07

Balance Sheet View Details

Particulars 9 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.
Shh. Funds -7 -31 -58 -92 -15 -45 26 -42 -190
Non Curr. Liab. 159 194 200 205 169 163 203 171 237
Curr. Liab. 100 129 187 235 180 295 345 389 395
Minority Int.
Equity & Liab. 252 293 329 349 334 413 573 518 442
Non Curr. Assets 205 231 263 251 235 321 358 365 328
Curr. Assets 47 61 66 98 98 92 215 153 114
Misc. Exp. not W/O
Total Assets 252 293 329 349 334 413 573 518 442

Profit Loss View Details

Particulars 9 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.
Net Sales 104 104 146 182 190 113 302 138 172
Other Income 0 0 0 1 0 0 3 4 8
Total Income 104 104 146 182 190 113 305 143 180
Total Expenditure -108 -111 -137 -153 -109 -110 -144 -162 -189
PBIDT -3 -8 8 29 81 3 161 -19 -9
Interest -13 -10 -19 -39 -24 -19 -23 -29 -34
Depreciation -9 -9 -11 -24 -26 -27 -37 -49 -47
Taxation -1 12 -10 13 -32 30 -60
Exceptional Items
PAT -25 -28 -21 -22 22 -30 70 -67 -149

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. -18 10 58 78 51 35 -14 -91 29
Cash Fr. Inv. -31 -36 -39 -19 -6 -93 -51 -11 -5
Cash Fr. Finan. 50 25 -19 -59 -46 58 65 102 -24
Net Change 1 -1 1 1 -1 0 0 0 0
Cash & Cash Eqvt 2 1 1 2 1 0 0 0 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
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

Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are enclosing the copy of the newspaper advertisement published in Business Standard and Prajavani. The same has been made available on the Companys website at www.pioneerdistilleries.com.
Tue, 20 Jul 2021
Intimation Of Unaudited Financial Results For The Quarter Ended June 30 2021
The Board of Directors of the Company at their meeting held today approved the unaudited financial results of the Company for the quarter ended 30th June 2021 (UFR). The Limited Review Report (LRR) thereon received from the Statutory Auditors of the company were placed at the said meeting. UFR along with the LRR are enclosed and are being uploaded on to your websites along with this letter.
Tue, 20 Jul 2021
Intimation Of Unaudited Financial Results For The Quarter Ended June 30 2021
The Board of Directors of the Company at their meeting held today approved the unaudited financial results of the Company for the quarter ended 30th June 2021 (UFR). The Limited Review Report (LRR) thereon received from the Statutory Auditors of the company were placed at the said meeting. UFR along with the LRR are enclosed and are being uploaded on to your websites along with this letter.

Technical Scans View Details

Wed, 04 Aug 2021
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Trending Down CCI Trending Down
ROC Trending Down ROC Trending Down

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