Pioneer Distilleries Ltd. - (Amalgamated) Stock Analysis

BSE: 531879 | NSE: PIONDIST | Breweries & Distilleries | Small Cap

BSE Share Price 05-Jan-2023 18:21
180.90 0.00 (0.00%)

DeciZen - Make an Informed Decision on Pioneer Distilleries

M-Cap below 100cr DeciZen not available

Pioneer Distilleries Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
242.2 Cr.
52-wk low :
128
52-wk high :
205
Bole Toh?

1. Is a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Pioneer Distilleries Ltd. - (Amalgamated) is a below average quality company.

2. Is undervalued or overvalued?

The key valuation ratios of Pioneer Distilleries Ltd. - (Amalgamated)'s currently when compared to its past seem to suggest it is in the Fair zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Pioneer Distilleries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Pioneer Distilleries Ltd. - (Amalgamated) has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -23.9%-14.4%172.3%-671.1%-16.6%32.7%-13%-40.3%-30.9%-31.4%-
Value Creation Index NANANA-48.9NA1.3NANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 104146182190113302138172167212226
YoY Gr. Rt. %-40.7%24.7%4.4%-40.5%167%-54.1%24%-2.4%26.5%-
Adj EPS -20.8-15.9-16.216.4-22.551.3-50.1-110.8-64.9-53.8-53.3
YoY Gr. Rt. %-NANANA-237.3%NA-197.7%NANANA-
BVPS (₹) -22.9-43.4-68.4-11-33.519.1-31.1-142.3-207.5-261.2-292.5
Adj Net Profit -27.9-21.3-21.721.9-30.168.7-67.1-148-86.8-72.1-71
Cash Flow from Ops. 9.858.277.950.634.8-14.3-90.929.35.324.2-
Debt/CF from Ops. 111.60.80.66.6-21.4-4.714.587.419.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.3%13.4%15.2%26.5%
Adj EPS NANANANA
BVPS 0000
Share Price 12.3% -0.5% 10.1% 7.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 146.94828.9-41.3101.1-712.8835.9127.937.12319.3
Op. Profit Mgn % -7.55.815.842.82.852.4-17-9.2-14.7-3.3-2.2
Net Profit Mgn % -26.9-14.6-11.911.6-26.622.8-48.5-86.5-51.9-34-31.6
Debt to Equity -3.5-1.6-0.7-2-5.112-10.2-2.2-1.7-1.4-
Working Cap Days 291231170257443260749555485338145
Cash Conv. Cycle 633113-3611185125145970

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Pioneer Distilleries Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) -53.3 -
TTM Sales (₹ Cr.) 226 -
BVPS (₹.) -292.5 -
Reserves (₹ Cr.) -405 -
P/BV -0.62 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 128.00 / 204.95
All Time Low / High (₹) 9.55 / 410.00
Market Cap (₹ Cr.) 242
Equity (₹ Cr.) 13.4
Face Value (₹) 10
Industry PE 56.6

Management X-Ray of Pioneer Distilleries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Pioneer Distilleries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Pioneer Distilleries Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pioneer Distilleries on 05-Jan-2023 18:21 is : 180.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 05-Jan-2023 18:21 the market cap of Pioneer Distilleries stood at ₹ 242.2.
The latest PE ratio of Pioneer Distilleries as of 05-Jan-2023 18:21 is 0.00.
The latest PB ratio of Pioneer Distilleries as of 05-Jan-2023 18:21 is -0.62
The 52-week high of Pioneer Distilleries is ₹ 204.9 and the 52-week low is ₹ 128.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Pioneer Distilleries is ₹ 226.3 ( Cr.) .

About Pioneer Distilleries Ltd. - (Amalgamated)

Pioneer Distilleries was originally incorporated as a public limited company on November, 25, 1992 under the name ‘Ganga Orgchem Limited’. Subsequently the name of the company was changed to Pioneer Distilleries. The registered office of the company is situated in Nanded District in Maharashtra .

Promoted by K.V. Rajeshwar Rao,   K. Sudhir Rao, K. Suhan Rao and L. Venkateswara Rao, the company began its commercial production in the year 1999. Since then under the able guidance and expertise of the promoters coupled with continued support and co-operation from other independent directors and institutional nominees on the board, the company has been able to strengthen its performance and embark upon expansion programmes. In the year 1994, the company embarked upon setting up a stand alone distillery with the main objective to manufacture Extra Neutral Alcohol (ENA) Rectified Spirit (RS) and Special Denatured Spirit (SDS) with a total capacity of 150 lakh litres per annum.  In 1996, to raise resources, the company made public issue of equity shares thus taking into its fold resident, non resident and institutional investors. The company is now listed with the Stock Exchange, Mumbai and the Pune Stock Exchange Limited. 

PDL’s plant is at Nanded Maharashtra, which is located near many sugar factories that ensure regular and cheap supply of its raw material i.e. molasses. During FY07, company doubled its production capacity from 50 KLPD to 100 KLPD (kilo litres per day) and is currently running at 100% capacity utilization. Hence it is planning to further double the installed capacity to 200 KLPD for which statutory permission from the excise has been received.

On the back of increased demand for ethanol product from petroleum companies, PDL is also contemplating to increase the capacity of ethanol plant from 30,000 to 130,000 ltrs per day. In addition it is also looking to set up acetic acid plant of 30 MT per day and ethyl acetate of 20 MT per day capacity. Apart from all these, company is setting up a 5 MW biogas based power generation project and additional effluent treatment plant to become a zero discharge company in the future. Both of these are expected to commence operation by August 2008 through a capex of Rs 40 cr. Notably, PDL is entitled to get carbon credits for its biogas power project and hence is in the process of tying up with a reputed organization based in UK for getting the registration with UNFCCC. However the power generated will be sold to Maharashtra power grid thereby generating extra source of income.

Product range of the company includes:

  • Extra Neutral Alcohol
  • Rectified Spirit
  • Special Denatured Spirit
  • Absolute Alcohol (Ethanol)
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