Pioneer Embroideries Ltd.
Snapshot View

43.20 -0.05 ▼-0.1%

27 May 2022, 04:01:00 PM
Volume: 1,247

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.pelhakoba.com
Market Cap 114.87 Cr.
Enterprise Value(EV) 144.59 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 7.66 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 5.64 Trailing Twelve Months Ending 2021-12
Industry PE 11.42 Trailing Twelve Months Ending 2021-12
Book Value / Share 43.34 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.00 Calculated using Price: 43.20
Dividend Yield 0.58 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
-0.12%
1 Week
-4.74%
1 Month
-22.37%
3 Month
-18.41%
6 Month
-24.48%
1 Year
-15.04%
2 Year
+144.07%
5 Year
-6.09%
10 Year
+382.68%
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 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 35 72 101 81 74 74 78 86 110 116
Non Curr. Liab. 102 14 38 51 40 40 26 18 14 13
Curr. Liab. 190 219 134 81 88 84 90 67 61 64
Minority Int. -8 -8 -8 2 2 2 1 1 1
Equity & Liab. 319 296 265 213 203 200 196 173 186 193
Non Curr. Assets 159 141 133 132 112 102 98 89 89 90
Curr. Assets 161 155 133 81 91 97 98 84 96 103
Misc. Exp. not W/O
Total Assets 319 296 265 213 203 200 196 173 186 193

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 241 273 272 255 236 257 274 238 226 292
Other Income 7 8 32 24 10 2 2 2 2 2
Total Income 248 281 304 279 246 259 276 240 228 294
Total Expenditure -229 -254 -252 -234 -220 -248 -255 -219 -199 -267
PBIDT 19 27 52 45 27 12 22 21 29 27
Interest -22 -17 -12 -9 -11 -9 -8 -6 -4 -3
Depreciation -13 -11 -19 -15 -8 -9 -9 -9 -8 -8
Taxation -19 0 0 3 -4
Exceptional Items 0 -6 -15 -4 -27 -1 2
PAT -35 -8 6 17 -19 -6 4 8 19 11
Minority Interest 2 0 0 0 0 0 0 0
Share Associate -1 5 0
Other Related Items
Consolidated Net Profit -34 -9 11 17 -19 -6 4 8 19 11
Adjusted EPS -19 -5 6 9 -9 -2 2 3 7 4

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. 35 48 62 1 22 36 17 19 26 18
Cash Fr. Inv. -7 -11 -5 6 -10 -20 -7 -4 3 -8
Cash Fr. Finan. -29 -35 -56 -6 -14 -16 -10 -16 -28 -5
Net Change -1 2 0 0 -2 0 0 -1 1 5
Cash & Cash Eqvt 2 4 4 4 2 1 1 1 1 6

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 25.91 25.91 25.91 33.37 32.86 32.86 32.86 32.86 32.86
Public 74.09 74.09 74.09 66.63 67.14 67.14 67.14 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 (%) 82.00 82.00 82.00 60.65 60.65 60.65 60.65 60.65 60.65

Announcements View Details

Fri, 27 May 2022
Board recommends Dividend
Pioneer Embroideries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27 2022 inter alia has considered and re-commended a dividend of Rs. 0.30 per equity share of Rs. 10/- each for the financial year ended March 31 2022 subject to approval of the shareholders at the ensuing 30th Annual General Meeting (AGM) of the Company. The dividend if approved by the shareholders shall be paid within the prescribed time after the conclusion of the ensuing 30th AGM.
Fri, 27 May 2022
The Board Also Considered And Re-Commended A Dividend Of Rs. 0.30 Per Equity Share Of Rs. 10/- Each For The Financial Year Ended 31St March 2022 Subject To Approval Of The Shareholders At The Ensuing 30Th Annual General Meeting (AGM) Of The Company. The Dividend If Approved By The Shareholders' Shall Be Paid Within The Prescribed Time After The Conclusion Of The Ensuing 30Th AGM. The Record Date For The Purpose Of Dividend Shall Be 5Th July 2022.
The Board also considered and re-commended a dividend of Rs. 0.30 per equity share of Rs. 10/- each for the financial year ended 31st March 2022 subject to approval of the shareholders at the ensuing 30th Annual General Meeting (AGM) of the Company. The dividend if approved by the shareholders shall be paid within the prescribed time after the conclusion of the ensuing 30th AGM. The record date for the purpose of Dividend shall be 5th July 2022.
Fri, 27 May 2022
The Register Of Members And Share Transfer Register Of The Company Will Remain Closed Monday 4Th July 2022 To Tuesday 12Th July 2022 (Both Days Inclusive) For The Purpose Of Annual General Meeting.
The Register of Members and Share Transfer Register of the Company will remain closed Monday 4th July 2022 to Tuesday 12th July 2022 (both days inclusive) for the purpose of Annual General Meeting.

Technical Scans View Details

Fri, 27 May 2022
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Decrease 6 Months High Decrease 6 Months
High Increase 2 Years High Increase 2 Years

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Page Industries Ltd. 49,618.57 44,182.10 +6.0%
Vedant Fashions Ltd. 23,715.73 977.15 +1.6%
Trident Ltd. 23,339.48 45.80 +2.7%
K.P.R. Mill Ltd. 19,722.67 577.00 +0.9%
Alok Industries Ltd. 10,724.92 21.60 -0.2%
Lakshmi Machine Works Ltd. 9,897.75 9,264.95 +1.5%
Vardhman Textiles Ltd. 8,232.01 284.90 +0.6%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2022-03 92.48 44,182.10 +6.0%
Vedant Fashions Ltd. Consolidated 2022-03 75.31 977.15 +1.6%
Trident Ltd. Consolidated 2021-12 32.02 45.80 +2.7%
K.P.R. Mill Ltd. Consolidated 2022-03 23.43 577.00 +0.9%
Alok Industries Ltd. Consolidated 2022-03 0.00 21.60 -0.2%
Lakshmi Machine Works Ltd. Consolidated 2022-03 54.67 9,264.95 +1.5%
Vardhman Textiles Ltd. Consolidated 2022-03 5.32 284.90 +0.6%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2022-03 45.58 44,182.10 +6.0%
Vedant Fashions Ltd. Consolidated 2022-03 21.90 977.15 +1.6%
Trident Ltd. Consolidated 2021-12 6.14 45.80 +2.7%
K.P.R. Mill Ltd. Consolidated 2022-03 6.19 577.00 +0.9%
Alok Industries Ltd. Consolidated 2022-03 -0.60 21.60 -0.2%
Lakshmi Machine Works Ltd. Consolidated 2022-03 4.97 9,264.95 +1.5%
Vardhman Textiles Ltd. Consolidated 2022-03 1.07 284.90 +0.6%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2021-03 0.00 44,182.10 +6.0%
Vedant Fashions Ltd. Consolidated 2021-03 0.00 977.15 +1.6%
Trident Ltd. Consolidated 2021-03 0.46 45.80 +2.7%
K.P.R. Mill Ltd. Consolidated 2021-03 0.28 577.00 +0.9%
Alok Industries Ltd. Consolidated 2021-03 -1.37 21.60 -0.2%
Lakshmi Machine Works Ltd. Consolidated 2021-03 0.00 9,264.95 +1.5%
Vardhman Textiles Ltd. Consolidated 2021-03 0.33 284.90 +0.6%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 44,182.10 +6.0%
Vedant Fashions Ltd. Consolidated 2021-03 12.32 977.15 +1.6%
Trident Ltd. Consolidated 2021-03 9.57 45.80 +2.7%
K.P.R. Mill Ltd. Consolidated 2021-03 24.44 577.00 +0.9%
Alok Industries Ltd. Consolidated 2021-03 0.00 21.60 -0.2%
Lakshmi Machine Works Ltd. Consolidated 2021-03 2.59 9,264.95 +1.5%
Vardhman Textiles Ltd. Consolidated 2021-03 6.44 284.90 +0.6%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 44,182.10 +6.0%
Vedant Fashions Ltd. Consolidated 2021-03 12.32 977.15 +1.6%
Trident Ltd. Consolidated 2021-03 9.57 45.80 +2.7%
K.P.R. Mill Ltd. Consolidated 2021-03 24.44 577.00 +0.9%
Alok Industries Ltd. Consolidated 2021-03 0.00 21.60 -0.2%
Lakshmi Machine Works Ltd. Consolidated 2021-03 2.59 9,264.95 +1.5%
Vardhman Textiles Ltd. Consolidated 2021-03 6.44 284.90 +0.6%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 2,832.96 44,182.10 +6.0%
Vedant Fashions Ltd. Consolidated 2021-03 564.82 977.15 +1.6%
Trident Ltd. Consolidated 2021-03 4,530.62 45.80 +2.7%
K.P.R. Mill Ltd. Consolidated 2021-03 3,530.15 577.00 +0.9%
Alok Industries Ltd. Consolidated 2021-03 3,885.20 21.60 -0.2%
Lakshmi Machine Works Ltd. Consolidated 2021-03 1,727.38 9,264.95 +1.5%
Vardhman Textiles Ltd. Consolidated 2021-03 6,139.87 284.90 +0.6%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 340.58 44,182.10 +6.0%
Vedant Fashions Ltd. Consolidated 2021-03 132.90 977.15 +1.6%
Trident Ltd. Consolidated 2021-03 303.80 45.80 +2.7%
K.P.R. Mill Ltd. Consolidated 2021-03 515.26 577.00 +0.9%
Alok Industries Ltd. Consolidated 2021-03 -5,672.28 21.60 -0.2%
Lakshmi Machine Works Ltd. Consolidated 2021-03 44.60 9,264.95 +1.5%
Vardhman Textiles Ltd. Consolidated 2021-03 401.84 284.90 +0.6%