Pioneer Embroideries
Market Cap
₹701.0m
Last Updated
2020/02/19 12:34 UTC
Data Sources
Company Financials
Executive Summary
Pioneer Embroideries Limited, together with its subsidiaries, manufactures and sells embroideries, torchon/bobbin laces, raschel laces, and other garment accessories in India.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and good value.
Share Price & News
How has Pioneer Embroideries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 514300 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-5.1%
514300
-0.5%
IN Luxury
-1.5%
IN Market
1 Year Return
43.1%
514300
18.2%
IN Luxury
10.7%
IN Market
Return vs Industry: 514300 exceeded the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: 514300 exceeded the Indian Market which returned 10.7% over the past year.
Shareholder returns
| 514300 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.1% | -0.5% | -1.5% |
| 30 Day | -10.6% | 3.0% | -2.7% |
| 90 Day | 21.0% | 9.2% | 1.3% |
| 1 Year | 43.1%43.1% | 19.0%18.2% | 12.7%10.7% |
| 3 Year | -43.4%-43.4% | 52.2%48.8% | 22.0%15.1% |
| 5 Year | 37.2%37.2% | 106.9%100.1% | 34.5%22.0% |
Price Volatility Vs. Market
How volatile is Pioneer Embroideries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Pioneer Embroideries undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 514300 (₹28.2) is trading below our estimate of fair value (₹100.12)
Significantly Below Fair Value: 514300 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 514300 is good value based on its PE Ratio (9.4x) compared to the Luxury industry average (11.2x).
PE vs Market: 514300 is good value based on its PE Ratio (9.4x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 514300's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 514300 is overvalued based on its PB Ratio (0.9x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Pioneer Embroideries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.9%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pioneer Embroideries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Pioneer Embroideries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Pioneer Embroideries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Pioneer Embroideries performed over the past 5 years?
-8.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 514300 has high quality earnings.
Growing Profit Margin: 514300's current net profit margins (2.8%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: 514300 has become profitable over the past 5 years, growing earnings by -8.4% per year.
Accelerating Growth: 514300's earnings growth over the past year (315%) exceeds its 5-year average (-8.4% per year).
Earnings vs Industry: 514300 earnings growth over the past year (315%) exceeded the Luxury industry 5.6%.
Return on Equity
High ROE: 514300's Return on Equity (8.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Pioneer Embroideries's financial position?
Financial Position Analysis
Short Term Liabilities: 514300's short term assets (₹935.1M) exceed its short term liabilities (₹841.6M).
Long Term Liabilities: 514300's short term assets (₹935.1M) exceed its long term liabilities (₹214.5M).
Debt to Equity History and Analysis
Debt Level: 514300's debt to equity ratio (41.4%) is considered high.
Reducing Debt: 514300's debt to equity ratio has reduced from 144.1% to 41.4% over the past 5 years.
Balance Sheet
Inventory Level: 514300 has a high level of physical assets or inventory.
Debt Coverage by Assets: 514300's debt is covered by short term assets (assets are 2.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 514300 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: 514300 is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is Pioneer Embroideries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 514300's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 514300's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 514300's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 514300's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 514300's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Harsh Bassi (45yo)
5.8yrs
Tenure
₹4,096,458
Compensation
Mr. Harsh Vardhan Bassi has been the Managing Director of Pioneer Embroideries Limited since May 23, 2014. Mr. Bassi served as a Compliance Officer of Pioneer Embroideries Limited until September 2008. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Harsh's total compensation ($USD57.25K) is about average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Harsh's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.5yrs | ₹6.04m | 9.08% ₹63.6m | |
| MD & Executive Director | 5.8yrs | ₹4.10m | no data | |
| Chief Financial Officer | 1.3yrs | ₹1.81m | no data | |
| Compliance Officer & Company Secretary | 3.7yrs | ₹600.00k | no data | |
| Executive Director | 2.8yrs | ₹2.00m | no data |
3.7yrs
Average Tenure
60yo
Average Age
Experienced Management: 514300's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.5yrs | ₹6.04m | 9.08% ₹63.6m | |
| MD & Executive Director | 5.8yrs | ₹4.10m | no data | |
| Executive Director | 2.8yrs | ₹2.00m | no data | |
| Independent Director | 6yrs | ₹77.50k | no data | |
| Independent Director | 5.8yrs | ₹77.50k | no data | |
| Independent Director | 3.5yrs | ₹37.50k | no data |
5.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: 514300's board of directors are considered experienced (5.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pioneer Embroideries Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pioneer Embroideries Limited
- Ticker: 514300
- Exchange: BSE
- Founded: 1991
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹701.037m
- Shares outstanding: 24.95m
- Website: https://www.pelhakoba.com
Number of Employees
Location
- Pioneer Embroideries Limited
- Orient House
- Unit No. 21 to 25, 2nd Floor
- Mumbai
- Maharashtra
- 400062
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 514300 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2004 |
| PIONEEREMB | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Oct 2004 |
Biography
Pioneer Embroideries Limited, together with its subsidiaries, manufactures and sells embroideries, torchon/bobbin laces, raschel laces, and other garment accessories in India. Its products include dope dyed polyester yarns; embroidered laces-fabric and guipure, and embroidered dress materials; braided laces; embroidered fabrics, allover fabrics, and laces; and apparel. The company also provides elastics, flat bed knitted laces, and motifs/collars/necks. In addition, the company engages in the retail of embroidered clothing under the Hakoba brand. It also exports its products. Pioneer Embroideries Limited was founded in 1991 and is based in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 12:34 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.