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Trades about 586% below its sector, cheaper than its peers on earnings.
Pioneer Embroideries Limited, operating with its subsidiary companies, functions as a manufacturer and distributor of an extensive range of embroidered goods and apparel accessories across India. Their product portfolio is comprehensive, featuring various types of laces, including torchon, bobbin, and raschel, alongside specialized polyester yarns such as dope-dyed and filament variants. The company also crafts a diverse selection of embroidered items like fabrics, dress materials, and different lace styles, including braided, fancy, fabric, guipure, and allover patterns. Additionally, they provide essential garment components like elastic bands, flat-bed knitted laces, motifs, collars, and necklines. Beyond its manufacturing operations, Pioneer Embroideries has a retail presence, offering embroidered clothing, traditional Indian attire such as sarees and salwar kameez dupatta, and fashion fabrics under its popular Hakoba brand. The retail segment also includes men's wear, featuring both unstitched and ready-to-wear kurta pyjamas. The firm also expands its market globally through product exports. Established in 1961, Pioneer Embroideries Limited maintains its headquarters in Mumbai, India.
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