Pioneer Embroideries Ltd.
Snapshot View

78.20 +3.20 ▲4.3%

02 August 2021, 04:00:00 P.M.
Volume: 255,500

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.pelhakoba.com; www.silkolite.com
Financial Indicators
Market Cap 207.94 Cr.
Earnings per share (EPS) 7.24 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 10.80 Trailing Twelve Months Ending 2021-03
Industry PE 25.92 Trailing Twelve Months Ending 2021-03
Book Value / Share 39.85 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.96 Calculated using Price: 78.20
Dividend Yield 0.32 Period Ending 2021-03
No. of Shares Subscribed 2.66 Cr. 26,590,942 Shares
FaceValue 10
Company Profile

Pioneer Embroideries, a Pioneer Group Company was incorporated on  October 25,1991 under the companies Act 1956 in the state of Maharashtra at Mumbai. The company has been promoted by Raj Kumar Sekhani and Baid Pioneer

Pioneer Embroideries Limited is one of the largest manufacturer-exporter of embroideries, Torchon/Bobbin laces, Raschel laces and other garment accessories. It is also the proud owners of the no.1 retail brand for embroidered clothing 'Hakoba'.

With an outstanding operational infrastructure, superb craftsmanship and obsession for the best quality, it has not taken long to create waves in the international market. Today they have established an impeccable reputation and carved a permanent niche in the industry throughout the world. Their impressive international roster includes clients from the North America, Latin America, Europe, the Middle East and Africa. Pioneer is also the largest player in the domestic market. Catering to millions of satisfied customers already, Pioneer Group is now poised to move ahead in leaps and bounds.  They have a qualified and highly motivated design development team, which is constantly working towards generating new design to match the latest trends across the globe. State-of-the-art software and machines are used with trained personnel for monitoring the output, matching it to their own high and exacting standards. They are constantly working on developing new lines that matches the design specifications and requirements of their new clients. Today they have over 40,000 designs in their library to select from.

Product range of the company includes:

  • Embroideries
  • Braided Laces
  • Knitted
  • Yarns

The products offerings are patronized by garment exporters, manufacturers and designers for their clientele in US, Europe, Africa, Middle-East & Far-Eastern countries.

Milestones:

  • 1991: Pioneer Embroideries Ltd. gets incorporated.
  • 1993: Goes public through and IPO, and gets its equity shares listed at the Mumbai, Delhi, Kolkata and Ahmedabad Stock Exchange.
  • 1994: Sets up its first Embroidery Manufacturing plant at Sarigam in Gujarat.
  • 1995: Establishes Marketing Offices at Mumbai, New Delhi, Kolkata & Ahmedabad.
  • 1996: Sets up the Crochet Lace Braiding unit at Dadra, a Union Territory.
  • 1997: Sets up the 2nd Embroidery Manufacturing plant at Naroli, also in the Union Territory of Dadra & Nagra Haveli.
  • 1998: Sets up an Inhouse Processing, Dying & Finishing plant at its Sarigam Unit.
  • 1999:1.) Declares a maiden dividend of @ 10%, continues to pay increased dividends.
  • 2.) Sets up its 2nd Crochet Lace Braiding Unit at Naroli, expanding capacity almost ten-fold.
  • 3.) Sets up a Digital Designing Studio & a Multihead Embroidery Unit at Mumbai.
  • 2000: Acquires controlling stake in Salzer Textiles Limited, Coimbatore, an 100% EOU, by buying out foreign and local promoters of the company.
  • 2001: Achieves turnover of excess of Rs 50 cr for the first time, for FY 2000-01
  • 2002: 1.) Acquires the famous Hakoba Brand and embroidery manufacturing facilities of M/s Fancy Corporation Limited at Borivali, Mumbai.
  • 2.) Expands the capacity of the Multihead Embroidery Unit at Mumbai.
  • 2003: 1.) Acquires Reach Industries Pvt. Ltd., a high tech wrap knitting company.
  • 2.) Sets up retail network under brand Hakoba, positioning it as an exclusive store for embroidery and other products.
  • 3.) Initiates process for merging Salzer Textiles Ltd., and J J Textiles Ltd., a group company with itself.
  • 2004: Merges Salzer Textiles Ltd. and J J Textiles Ltd., with itself after obtaining the High Court approval dated 15.01.2004 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.27%
1 Week
+32.09%
1 Month
+46.85%
3 Month
+67.27%
6 Month
+78.34%
1 Year
+237.80%
2 Year
+282.40%
5 Year
+69.08%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -187.15 -28.83 10.15 24.93 -28.70 -8.60 5.21 10.28 19.93
Return on Capital Employed (%) 1.86 3.32 7.59 13.61 -5.51 2.45 8.53 11.37 15.96
Return on Assets (%) -10.92 -2.51 2.18 7.26 -9.27 -3.01 1.91 4.37 10.47

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 35 72 101 81 74 74 78 86 110
Non Curr. Liab. 102 14 38 51 40 40 26 18 14
Curr. Liab. 190 219 134 81 88 84 90 67 61
Minority Int. -8 -8 -8 2 2 2 1 1
Equity & Liab. 319 296 265 213 203 200 196 173 186
Non Curr. Assets 159 141 133 132 112 102 98 89 89
Curr. Assets 161 155 133 81 91 97 98 84 96
Misc. Exp. not W/O
Total Assets 319 296 265 213 203 200 196 173 186

Profit Loss View Details

Particulars 9 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.
Net Sales 241 273 272 255 236 257 274 238 226
Other Income 7 8 32 24 10 2 2 2 2
Total Income 248 281 304 279 246 259 276 240 228
Total Expenditure -229 -254 -252 -234 -220 -248 -255 -219 -199
PBIDT 19 27 52 45 27 12 22 21 29
Interest -22 -17 -12 -9 -11 -9 -8 -6 -4
Depreciation -13 -11 -19 -15 -8 -9 -9 -9 -8
Taxation -19 0 0 3
Exceptional Items 0 -6 -15 -4 -27 -1 2
PAT -35 -8 6 17 -19 -6 4 8 19

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 48 62 1 22 36 17 19 26 18
Cash Fr. Inv. -11 -5 6 -10 -20 -7 -4 3 -8
Cash Fr. Finan. -35 -56 -6 -14 -16 -10 -16 -28 -5
Net Change 2 0 0 -2 0 0 -1 1 5
Cash & Cash Eqvt 4 4 4 2 1 1 1 1 6

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 26.47 26.47 27.27 25.91 25.91 25.91 33.37 32.86 32.86
Public 73.53 73.53 72.73 74.09 74.09 74.09 66.63 67.14 67.14
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 85.42 85.42 82.90 82.00 82.00 82.00 60.65 60.65 60.65

Announcements View Details

Thu, 29 Jul 2021
PROCEEDINGS /MINUTES OF 29TH ANNUAL GENERAL MEETING HELD ON 19TH JULY 2021.
PROCEEDINGS /MINUTES OF 29TH ANNUAL GENERAL MEETING HELD ON 19TH JULY 2021.
Wed, 28 Jul 2021
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Pioneer Embroideries Ltd has informed BSE regarding the details of Voting results of AGM under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here
Mon, 26 Jul 2021
Board Meeting Intimation for BOARD MEETING TO BE HELD ON 3RD AUGUST 2021
PIONEER EMBROIDERIES LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2021 inter alia to consider and approve Pursuant to Regulation 29 of Securities And Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we have to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday 3rd August 2021 through video conferencing or other audio video means to consider and approve Unaudited Standalone & Consolidated Financial Results of the Company for the first quarter ended on 30th June 2021 along-with Limited Review Report thereon.

The trading window for dealing in Securities of the Company is closed form 01/07/2021 till forty-eight hours after the date of declaration of results for Directors Officers Designated employees Insiders (as defined in the code).

You are requested to take the same on your records.

Technical Scans View Details

Mon, 02 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below
Making Higher Highs for 3 days Making Higher Highs for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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