Pioneer Embroideries Ltd. manufactures, sells, and exports of embroideries and laces for the fashion and clothing industry. The company is headquartered in Mumbai, Maharashtra. The firm manufactures and exports embroideries, torchon/bobbin laces, raschel laces and other garment accessories. The firm is associated with the retail brand for embroidered clothing, namely Hakoba. The Company’s products include apparels, dope dyed polyester yarn, elastic, embroidered fabrics and laces, fancy laces, flat bed knitted laces, motifs / collars / necks, and torchon / bobbin laces (crochet). The Company’s brands include SILKOLITE and HAKOBA. The company has a yarn capacity of approximately 18,000 million tons per annum. The company has a capacity of approximately 14 mn meters for braided laces and approximately 1,700 mn stitches of embroidery. The company has a SPFY manufacturing facility at Himachal Pradesh, and three embroidery and laces manufacturing facilities in Gujarat, Dadra and Nagar Haveli, and Tamil Nadu.
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This company hasn't held an earnings call in the last six months, so there's no recent commentary from management. Our deep dives are built on what management actually said, so we haven't prepared one.