Integrated Filing — IndAS



General information about company

Scrip Code 514300
NSE Symbol PIONEEREMB
MSEI Symbol NA
ISIN INE156C01018
Name of company PIONEER EMBROIDERIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 26-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment TEXTILE
Start date and time of board meeting 26-05-2026   15:15:00
End date and time of board meeting 26-05-2026   17:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 8,603.01 33,605.05
Other income 569.63 683.18
Total income 9,172.64 34,288.23
2 Expenses
(a) Cost of materials consumed 5,360.43 20,040.18
(b) Purchases of stock-in-trade 107.80 659.14
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 26.98 274.26
(d) Employee benefit expense 908.04 3,958.93
(e) Finance costs 252.54 929.15
(f) Depreciation, depletion and amortisation expense 279.65 1,481.79
(f) Other Expenses
1 other 1,667.73 7,310.31
Total other expenses 1,667.73 7,310.31
Total expenses 8,603.17 34,653.76
3 Total profit before exceptional items and tax 569.47 (365.53)
4 Exceptional items 0.00 441.80
5 Total profit before tax 569.47 76.27
6 Tax expense
7 Current tax 11.05 20.20
8 Deferred tax 141.27 (6.73)
9 Total tax expenses 152.32 13.47
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 417.15 62.80
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (0.88) (2.58)
16 Total profit (loss) for period 416.27 60.22
17 Other comprehensive income net of taxes 27.41 39.94
18 Total Comprehensive Income for the period 443.68 100.16
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 415.56 61.26
Total profit or loss, attributable to non-controlling interests 0.71 (1.04)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 442.97 101.20
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.71 (1.04)
21 Details of equity share capital
Paid-up equity share capital 3,081.54 3,081.54
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 12,535.20
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.35 0.2
Diluted earnings (loss) per share from continuing operations 1.35 0.2
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.35 0.2
Diluted earnings (loss) per share from continuing and discontinued operations 1.35 0.2
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. These financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. 2. The above results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 26th May, 2026 and Statutory Auditors of the Company have carried out the audit of the same. 3. The Business activity of the Company falls within a single primary business segment viz ‘Textiles’ and hence there is no other reportable segment as per Ind AS-108 ‘operating segments’. 4. Other Income for the current quarter includes `454.43 lakhs received on account of expansion electricity rebate for earlier years. 5. During the year, the Company has received approval for Capital Subsidy under State Textile Policy 2018-23 of Government of Maharashtra for the expansion made in earlier year, in accordance with Ind AS 20 Accounting for Government Grants and Disclosure of Government Assistance. Accordingly, the Company has deducted subsidy receivable of `1,779.16 lakhs from Gross Cost of the machinery and has accounted for subsidy amortization as deduction from depreciation cost. 6. During the quarter, no employees have exercised their ESOP options. 7. The figures for the previous periods have been regrouped/ rearranged wherever considered necessary to confirm current period classifications. 8. The figures for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between audited figures for the full financial year and the published year to date figures for the nine months ended December 31, 2025 and December 31, 2024.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 15,181.48
Capital work-in-progress 326.12
Investment property 0.00
Goodwill 0.00
Other intangible assets 740.44
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1,046.99
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other Financial Assets 312.99
Total of other non-current financial assets 312.99
Total non-current financial assets 1,359.98
Deferred tax assets (net) 0.00
Other non-current assets
1 Other Non-Current Assets 28.02
Total of other non-current assets 28.02
Total non-current assets 17,636.04
2 Current assets
Inventories 6,216.76
Current financial asset
Current investments 98.25
Trade receivables, current 2,545.29
Cash and cash equivalents 112.27
Bank balance other than cash and cash equivalents 2.06
Loans, current 426.35
Other current financial assets
Total of other current financial assets 2,136.03
Total current financial assets 5,320.25
Current tax assets (net) 96.63
Other current assets
1 Other current assets 2,548.84
2 Assets classified as held for sale 803.86
Total of other current assets 3,352.70
Total current assets 14,986.34
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 32,622.38
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,081.54
Other equity 12,535.20
Total equity attributable to owners of parent 15,616.74
Non controlling interest 39.24
Total equity 15,655.98
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,728.49
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 629.02
Total of other non-current financial liabilities 629.02
Total non-current financial liabilities 3,357.51
Provisions, non-current 583.43
Deferred tax liabilities (net) 764.54
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 1,319.46
Total of other non-current liabilities 1,319.46
Total non-current liabilities 6,024.94
Current liabilities
Current financial liabilities
Borrowings, current 5,788.12
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 462.46
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,729.86
Total Trade payable 3,192.32
Other current financial liabilities
1 Other current financial liabilities 637.44
Total of other current financial liabilities 637.44
Total current financial liabilities 9,617.88
Other current liabilities 1,271.43
1 Other current liabilities 1,271.43
Total of other current liabilities 1,271.43
Provisions, current 52.15
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 10,941.46
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 16,966.40
Total equity and liabilites 32,622.38
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 On Gratuity 37.98 55.34
Total Amount of items that will not be reclassified to profit and loss 37.98 55.34
2 Income tax relating to items that will not be reclassified to profit or loss 10.57 15.40
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 27.41 39.94



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 76.27
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,136.76
Adjustments for decrease (increase) in inventories (433.90)
Adjustments for decrease (increase) in trade receivables, current (492.36)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 869.76
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,481.79
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 28.85
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 5.25
Adjustments for interest income 58.53
Adjustments for share-based payments 27.07
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (664.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (104.37)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 1,785.82
Net cash flows from (used in) operations 1,862.09
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) (19.43)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,881.52
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 813.01
Purchase of property, plant and equipment 1,170.92
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 5.25
Interest received 21.81
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (330.85)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 1,800.99
Repayments of borrowings 2,249.30
Payments of lease liabilities 38.04
Dividends paid 0.00
Interest paid 1,136.89
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (1,623.24)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (72.57)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (72.57)
Cash and cash equivalents cash flow statement at beginning of period 184.84
Cash and cash equivalents cash flow statement at end of period 112.27





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M B A H AND CO Yes 30-04-2028