Pioneer Embroideries’ major expansion project at its Dope Dyed Polyester Yarn (DDPY) plant at Kala Amb, Himachal Pradesh, is currently in full swing and is expected to be completed in January, 2017. The ongoing expansion shall have an outlay of approximately Rs 35 crore. Consequent to the completion of the ongoing expansion, there shall be a significant increase in sales of the DDPY business. The EBIDTA margins are also expected to grow significantly as the product portfolio shall have more value-added products.
Pioneer Embroideries 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’.
| Company Name | CMP |
|---|---|
| Trident | 25.94 |
| Filatex India | 44.13 |
| Nitin Spinners | 413.70 |
| Nahar Spinning Mills | 249.70 |
| Sanathan Textiles | 418.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: