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Pioneer Embroideries BSE:514300 Stock Report

Last Price


Market Cap







17 Aug, 2022


Company Financials
514300 fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance2/6
Financial Health6/6

514300 Stock Overview

Pioneer Embroideries Limited, together with its subsidiaries, manufactures and sells embroideries, torchon/bobbin laces, raschel laces, and other garment accessories in India.

Pioneer Embroideries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pioneer Embroideries
Historical stock prices
Current Share Price₹44.25
52 Week High₹79.60
52 Week Low₹34.05
1 Month Change2.31%
3 Month Change-1.01%
1 Year Change-29.26%
3 Year Change98.43%
5 Year Change16.60%
Change since IPO-7.36%

Recent News & Updates

Shareholder Returns

514300IN LuxuryIN Market

Return vs Industry: 514300 underperformed the Indian Luxury industry which returned 20.7% over the past year.

Return vs Market: 514300 underperformed the Indian Market which returned 9.1% over the past year.

Price Volatility

Is 514300's price volatile compared to industry and market?
514300 volatility
514300 Average Weekly Movement5.2%
Luxury Industry Average Movement6.8%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 514300 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 514300's weekly volatility (5%) has been stable over the past year.

About the Company

1961932Harsh Bassi

Pioneer Embroideries Limited, together with its subsidiaries, manufactures and sells embroideries, torchon/bobbin laces, raschel laces, and other garment accessories in India. The company’s products include dope dyed polyester yarns; specialty polyester filament yarns; embroidered laces-fabric and guipure, and embroidered dress materials; braided and fancy laces; embroidered fabrics, allover fabrics, and laces; and apparel. It also provides elastics, flat bed knitted laces, and motifs/collars/necks.

Pioneer Embroideries Fundamentals Summary

How do Pioneer Embroideries's earnings and revenue compare to its market cap?
514300 fundamental statistics
Market Cap₹1.18b
Earnings (TTM)₹80.60m
Revenue (TTM)₹3.12b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
514300 income statement (TTM)
Cost of Revenue₹1.84b
Gross Profit₹1.28b
Other Expenses₹1.20b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)3.03
Gross Margin41.07%
Net Profit Margin2.58%
Debt/Equity Ratio25.9%

How did 514300 perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is 514300 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 514300?

Other financial metrics that can be useful for relative valuation.

514300 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA7.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 514300's PE Ratio compare to its peers?

514300 PE Ratio vs Peers
The above table shows the PE ratio for 514300 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average49x
542579 Ashapuri Gold Ornament
541967 Sky Gold
506184 Kanani Industries
530521 Virat Industries
514300 Pioneer Embroideries

Price-To-Earnings vs Peers: 514300 is good value based on its Price-To-Earnings Ratio (14.5x) compared to the peer average (48.7x).

Price to Earnings Ratio vs Industry

How does 514300's PE Ratio compare vs other companies in the IN Luxury Industry?

Price-To-Earnings vs Industry: 514300 is expensive based on its Price-To-Earnings Ratio (14.5x) compared to the Indian Luxury industry average (13x)

Price to Earnings Ratio vs Fair Ratio

What is 514300's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

514300 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 514300's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 514300 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 514300 (₹44.05) is trading above our estimate of fair value (₹41.73)

Significantly Below Fair Value: 514300 is trading above our estimate of fair value.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Pioneer Embroideries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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.

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  • Examine Pioneer Embroideries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Pioneer Embroideries competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Pioneer Embroideries performed over the past 5 years?

Past Performance Score


Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 514300 has high quality earnings.

Growing Profit Margin: 514300's current net profit margins (2.6%) are lower than last year (9%).

Past Earnings Growth Analysis

Earnings Trend: 514300 has become profitable over the past 5 years, growing earnings by 46.4% per year.

Accelerating Growth: 514300's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 514300 had negative earnings growth (-66.3%) over the past year, making it difficult to compare to the Luxury industry average (52.1%).

Return on Equity

High ROE: 514300's Return on Equity (6.6%) is considered low.

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Financial Health

How is Pioneer Embroideries's financial position?

Financial Health Score


Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 514300's short term assets (₹1.1B) exceed its short term liabilities (₹606.0M).

Long Term Liabilities: 514300's short term assets (₹1.1B) exceed its long term liabilities (₹166.9M).

Debt to Equity History and Analysis

Debt Level: 514300's net debt to equity ratio (23.9%) is considered satisfactory.

Reducing Debt: 514300's debt to equity ratio has reduced from 90.9% to 25.9% over the past 5 years.

Debt Coverage: 514300's debt is well covered by operating cash flow (42.5%).

Interest Coverage: 514300's interest payments on its debt are well covered by EBIT (5.1x coverage).

Balance Sheet

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What is Pioneer Embroideries's current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 514300's dividend (0.68%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: 514300's dividend (0.68%) is low compared to the top 25% of dividend payers in the Indian market (1.7%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether 514300's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 514300's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (10.1%), 514300's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (11.9%), 514300's dividend payments are thoroughly covered by cash flows.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Harsh Bassi (48 yo)





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 ($USD50.10K) is above average for companies of similar size in the Indian market ($USD37.73K).

Compensation vs Earnings: Harsh's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: 514300's management team is considered experienced (5 years average tenure).

Board Members

Experienced Board: 514300's board of directors are considered experienced (8.4 years average tenure).


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 employee growth, exchange listings and data sources

Key Information

  • Name: Pioneer Embroideries Limited
  • Ticker: 514300
  • Exchange: BSE
  • Founded: 1961
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: ₹1.177b
  • Shares outstanding: 26.59m
  • Website:

Number of Employees


  • Pioneer Embroideries Limited
  • Orient House
  • Unit No. 21 to 25, 2nd Floor
  • Mumbai
  • Maharashtra
  • 400062
  • India


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 00:00
Annual Earnings2022/03/31

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.