Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Pioneer Distilleries Limited manufactures and sells alcohol in India. The company's products include extra neutral alcohol (ENA), malt and rectified spirit, special denatured spirit, absolute alcohol, distillers dry grain soluble, carbon-di-oxide dry ice, molasses based ENA, and cattle feed. It also generates electricity from steam and biogas; and produces bottling cases. The company was incorporated in 1992 and is based in Bengaluru, India. Pioneer Distilleries Limited is a subsidiary of United Spirits Limited.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.
