Pioneer Embroideries Ltd

Pioneer Embroideries Ltd

₹ 23.9 1.92%
05 Jun - close price
About

Incorporated in 1991, Pioneer Embroideries Ltd is a manufacturer of Special Polyester Filament Yarn (SPFY), Embroidery & Lace Products[1]

Key Points

Business Overview:[1][2]
PEL manufactures and exports specialized polyester filament yarn, embroidered laces, braided laces, torchon /bobbin laces, raschel laces and embroidered fabrics. It is associated with a retail brand for embroidered clothing brands Hakoba and Slikolite, and has 3 Lac+ designs. Company’s yarns find applications in the non-apparel segment, such as carpets, bath mats, upholstery fabrics, and curtains

  • Market Cap 73.6 Cr.
  • Current Price 23.9
  • High / Low 49.0 / 19.6
  • Stock P/E
  • Book Value 50.7
  • Dividend Yield 0.00 %
  • ROCE 2.24 %
  • ROE -2.32 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.47 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 8.26% over past five years.
  • Promoter holding is low: 32.7%
  • Company has a low return on equity of 0.87% over last 3 years.
  • Promoters have pledged 52.6% of their holding.
  • Earnings include an other income of Rs.11.2 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
74.41 73.72 82.51 85.32 94.65 96.40 93.81 96.10 88.76 86.12 82.70 81.21 86.03
69.75 69.58 77.95 79.34 87.26 90.15 86.53 88.47 84.71 82.81 81.93 77.01 80.72
Operating Profit 4.66 4.14 4.56 5.98 7.39 6.25 7.28 7.63 4.05 3.31 0.77 4.20 5.31
OPM % 6.26% 5.62% 5.53% 7.01% 7.81% 6.48% 7.76% 7.94% 4.56% 3.84% 0.93% 5.17% 6.17%
0.35 0.34 0.77 0.57 2.30 0.84 0.82 0.64 4.01 4.68 0.31 0.57 5.70
Interest 0.99 0.97 2.16 3.20 2.92 2.98 3.20 1.38 2.04 2.62 2.32 1.83 2.53
Depreciation 2.14 2.17 3.10 3.31 3.97 3.83 3.93 3.93 3.96 3.96 3.97 4.09 2.80
Profit before tax 1.88 1.34 0.07 0.04 2.80 0.28 0.97 2.96 2.06 1.41 -5.21 -1.15 5.68
Tax % 51.06% 23.88% 71.43% 50.00% 11.07% 25.00% 29.90% 25.68% 33.01% 24.82% -27.06% -28.70% 26.76%
0.92 1.02 0.02 0.02 2.50 0.21 0.68 2.19 1.38 1.07 -3.80 -0.83 4.17
EPS in Rs 0.42 0.39 0.05 0.01 0.85 0.07 0.22 0.71 0.45 0.35 -1.23 -0.27 1.35
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
272 255 236 262 274 238 226 292 297 336 375 336
252 234 220 253 255 219 199 267 285 314 350 322
Operating Profit 20 21 16 10 19 19 27 25 12 22 25 14
OPM % 7% 8% 7% 4% 7% 8% 12% 8% 4% 7% 7% 4%
17 20 -16 2 1 4 2 2 12 4 6 11
Interest 12 9 11 9 8 6 4 3 4 9 10 9
Depreciation 19 15 8 9 9 9 8 8 8 13 16 15
Profit before tax 6 17 -19 -6 4 8 16 15 12 4 6 1
Tax % 0% 0% 0% 0% 0% 0% -18% 28% 31% 17% 29% 18%
11 17 -19 -6 4 8 19 11 8 4 4 1
EPS in Rs 6.21 9.31 -8.96 -2.46 1.59 3.29 7.24 4.15 3.20 1.26 1.46 0.20
Dividend Payout % 0% 0% 0% 0% 0% 0% 3% 7% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 8%
3 Years: 4%
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -191%
Stock Price CAGR
10 Years: -6%
5 Years: -16%
3 Years: -16%
1 Year: -46%
Return on Equity
10 Years: 4%
5 Years: 2%
3 Years: 1%
Last Year: -2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 18 19 22 24 25 25 27 27 27 29 31 31
Reserves 61 45 53 47 53 61 83 94 102 116 124 125
143 109 70 69 57 37 32 32 97 110 96 91
44 41 59 60 60 50 46 47 68 76 71 79
Total Liabilities 265 213 203 200 196 173 188 199 293 332 322 326
94 98 107 96 93 85 80 78 75 186 182 159
CWIP 5 3 0 3 2 0 0 8 72 0 0 3
Investments 8 7 0 0 0 0 0 1 12 12 11 11
159 105 95 101 100 87 108 112 135 135 128 152
Total Assets 265 213 203 200 196 173 188 199 293 332 322 326

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
29 22 36 17 19 26 18 13 10 12 33 19
6 -10 -24 -7 -4 3 -8 -10 -65 -34 -8 -3
-35 -14 -12 -10 -16 -28 -5 -8 60 16 -23 -16
Net Cash Flow 0 -2 -0 0 -1 1 5 -5 5 -6 1 -1
Free Cash Flow 25 14 11 10 15 29 10 7 -45 -22 24 15
CFO/OP 148% 106% 228% 173% 101% 135% 67% 56% 90% 51% 131% 137%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 30 39 38 39 40 29 37 31 33 33 30 28
Inventory Days 78 73 120 84 79 103 138 106 108 123 93 108
Days Payable 44 60 81 72 72 64 70 45 55 57 40 56
Cash Conversion Cycle 64 52 77 50 47 68 105 91 86 98 83 80
Working Capital Days -8 -7 3 57 57 23 46 54 34 29 25 43
ROCE % 14% 16% 11% 2% 9% 9% 15% 12% 3% 6% 6% 2%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Installed Capacity - Yarn (SPFY)
MTPA ・Standalone data

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Production Volume - Yarn (SPFY)
MT ・Standalone data
Installed Capacity - Embroidery
Million Stitches ・Standalone data
Capacity Utilization - Yarn (SPFY)
% ・Standalone data
Installed Capacity - Braided Laces
Million Meters ・Standalone data
Production Volume - Embroidery
Million Stitches ・Standalone data
Capacity Utilization - Embroidery
% ・Standalone data
Library of Designs - Embroidery
Number ・Standalone data
Product Range - Yarn Shades
Number ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
32.39% 32.39% 32.39% 29.64% 29.64% 32.71% 32.71% 32.71% 32.71% 32.71% 32.71% 32.71%
0.00% 0.00% 0.00% 8.48% 8.48% 8.12% 8.16% 8.30% 0.00% 0.00% 0.00% 0.27%
9.27% 9.27% 9.27% 8.48% 8.41% 6.91% 6.49% 6.49% 6.49% 6.49% 6.49% 6.49%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.11% 8.11% 8.11% 8.11%
58.32% 58.32% 58.35% 53.39% 53.46% 52.26% 52.64% 52.50% 52.67% 52.69% 52.69% 52.42%
No. of Shareholders 24,61624,14623,68524,01024,52125,92425,93525,41825,17524,89724,70424,445

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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