PIONEEREMB2024-01-012024-03-31 PIONEEREMB2024-01-012024-03-31 PIONEEREMB2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member PIONEEREMB2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member PIONEEREMB2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 514300 PIONEEREMB NA Pioneer Embroideries Limited Equity 2023-04-01 2024-03-31 2024-05-27 2024-05-15 INR Lakhs Yearly 12:00:00 14:30:00 2024-05-27 2024-05-27 true Cash Flow Indirect Declaration of unmodified opinion Single segment TEXTILE 2024-01-01 2024-03-31 Audited Consolidated 946459000.00 22991000.00 969450000.00 613876000.00 5183000.00 -53806000.00 105680000.00 29238000.00 39655000.00 201560000.00 941386000.00 28064000.00 0.00 28064000.00 90000.00 3003000.00 3093000.00 0.00 24971000.00 0.00 0.00 0.00 -17000.00 24954000.00 1464000.00 26418000.00 25162000.00 -208000.00 0.00 0.00 294754000.00 10 0.92 0.89 0.00 0.00 0.92 0.89 0.00 0.00 0.00 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 27th May, 2024 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. The Board of Directors of the Company, in its meeting held on 21st October, 2022, had considered and approved the Draft Scheme of Arrangement between Pioneer Embroideries Limited ('Demerged Company' or 'PEL') and Pioneer Realty Limited ('Resulting Company' or 'PRL') which is 100% subsidiary of PEL, under applicable provisions of Companies Act, 2013, Rules and Regulations thereunder. The Company is in the process of ensuring certain compliances required by the regulator as being a prerequisite for obtaining further approvals. 5. Company is working with expanded capacities of Embroideries and Laces at its new plant at Shree Ganesh Integrated Textile Park, Degoan, Dhule in Maharashtra from August, 2023, and of Specialized Polyester Filament Yarn at its plant at Himachal Pradesh from June, 2023. Accordingly, the figures for the current Quarter are not comparable with figures of corresponding quarter, even though the desired capacity utilization and value-added production is yet to be achieved due to tough business environment. 6. The Company has issued 25,00,000 equity shares on 2nd February, 2024, of face value of Rs.10/- each at a premium of Rs.33/- per share to Non promoter against share warrants issued to them on 28th September, 2023 on receipt of full amount against the same. 7. During the quarter, no employee has exercised their ESOP options. 8. The figures for the previous periods have been regrouped/ rearranged wherever considered necessary to confirm current period classifications. 9. The figures for the quarter ended March 31, 2024 and March 31, 2023 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, 2023 and December 31, 2022. Single segment 2023-04-01 2024-03-31 Audited Consolidated 3361858000.00 39817000.00 3401675000.00 2140086000.00 18946000.00 -153801000.00 381609000.00 92641000.00 125382000.00 754166000.00 3359029000.00 42646000.00 0.00 42646000.00 1560000.00 5455000.00 7015000.00 0.00 35631000.00 0.00 0.00 0.00 -138000.00 35493000.00 3335000.00 38828000.00 37232000.00 -1739000.00 0.00 0.00 294754000.00 10 1160666000.00 1.31 1.27 0.00 0.00 1.31 1.27 0.00 0.00 0.00 OTHER 201560000.00 OTHER 754166000.00 4309000.00 1814377000.00 0.00 0.00 0.00 42935000.00 0.00 0.00 0.00 105327000.00 0.00 0.00 23942000.00 129269000.00 0.00 7554000.00 1994135000.00 674253000.00 9825000.00 302223000.00 6428000.00 9333000.00 35301000.00 3740000.00 366850000.00 11537000.00 274734000.00 1327374000.00 0.00 0.00 3321509000.00 294754000.00 1160666000.00 1455420000.00 1459729000.00 552595000.00 0.00 32150000.00 584745000.00 53705000.00 57292000.00 0.00 134768000.00 830510000.00 518445000.00 313711000.00 76546000.00 908702000.00 120641000.00 1927000.00 0.00 0.00 1031270000.00 0.00 0.00 1861780000.00 3321509000.00 92641000.00 -139143000.00 -44645000.00 0.00 0.00 0.00 0.00 0.00 0.00 65408000.00 0.00 0.00 0.00 125382000.00 0.00 1595000.00 0.00 0.00 0.00 0.00 240000.00 6158000.00 0.00 0.00 0.00 -2244000.00 -22326000.00 0.00 0.00 70270000.00 112916000.00 0.00 0.00 0.00 -2602000.00 0.00 115518000.00 0.00 0.00 3479000.00 0.00 0.00 0.00 0.00 0.00 2364000.00 339364000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10092000.00 0.00 0.00 0.00 240000.00 6158000.00 0.00 0.00 0.00 -337215000.00 0.00 0.00 127249000.00 0.00 0.00 0.00 0.00 0.00 257335000.00 125143000.00 0.00 7297000.00 0.00 92177000.00 0.00 0.00 159967000.00 -61730000.00 0.00 -61730000.00 68158000.00 6428000.00 2028000.00 4620000.00 564000.00 1285000.00 0.00 0.00