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PIX Transmissions Ltd

PIX Transmissions Ltd

1,724.40
INR
-18.60
(-1.07%)
96.71EPS
18.98P/E
25.01BMarket Cap
PIX Transmissions Ltd
NSE:PIXTRANS
(National Stock Exchange of India)

Recent

price

1,724.40

P/E

ratio

18.98

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
179.2
168.37
171.28
151.87
160.91
171.89
185.1
193.71
225.92
233.05
278.41
328.95
353.35
359.28
426.91
420.78
447.71
Revenue per Share
1.47
1.99
77.82
5.52
2.87
4.8
12
16.56
20.97
22.19
47.63
50.53
47.57
60.91
82.84
78.45
96.71
Basic EPS, GAAP
10.77
21.43
104.23
33.15
-4.96
28.23
20.06
5.59
6.56
17.16
24.17
-11.51
64.14
80.81
63.94
107.1
- -
Free Cash Flow per Basic Share
- -
- -
6.42
1.76
1
1.5
0.5
2
2.5
2.75
2.01
4.96
5.94
5.99
6.94
8.97
- -
Dividend per Share
36.55
38.92
106.39
108.72
109.77
114.27
125.15
139.04
156.84
173.41
219.87
267.74
306.78
361.6
437.5
511.32
- -
Book Value per Share
36.44
38.92
105.7
104.97
107.22
112.36
124
138.53
156.55
173.16
219.71
267.52
306.01
357.9
435.72
510.45
- -
Tangible Book Value per Share
13
13
14
14
14
14
14
14
14
14
14
14
14
14
14
14
14
Basic Weighted Avg Shares
2,316
2,176
2,334
2,069
2,192
2,342
2,507
2,639
3,078
3,175
3,793
4,482
4,814
4,895
5,817
5,733
6,100
Sales/Revenue/Turnover
10.33
12.18
11.31
8.88
12.82
9.95
14.37
16.44
14.13
13.47
24.44
21.15
17.13
20.53
24.96
24.49
21.47
Operating Margin (%)
200
203
133
135
128
130
134
147
158
188
200
207
233
230
236
234
234
Depreciation Expense
19
26
1,060
75
39
65
163
226
286
302
649
688
648
830
1,129
1,069
1,318
Net Income, GAAP
57.11
6.64
26.68
14.63
39.71
32.9
33.62
33.41
24.6
19.14
25.7
27.21
25.07
25.04
25.99
25.82
24.93
Effective Tax Rate (%)
0.82
1.18
45.44
3.64
1.78
2.79
6.48
8.55
9.28
9.52
17.11
15.36
13.46
16.95
19.41
18.64
21.6
Profit Margin (%)
723
-38
529
15
404
309
457
568
665
719
1,262
1,696
2,154
2,823
3,835
4,720
- -
Working Capital
2,086
1,304
322
488
592
479
504
421
471
434
386
613
477
326
235
181
- -
LT Debt
472
550
1,497
1,480
1,496
1,557
1,705
1,894
2,137
2,363
2,996
3,648
4,180
4,927
5,961
6,967
- -
Total Equity
0.76
0.97
41.13
2.21
1.42
2.32
5.33
9.69
10.51
10.06
19.1
16.08
12.65
14.62
18.32
15.34
- -
Return on Invested Capital (%)
4.09
9.21
46.49
8.06
5.6
6.29
8.93
10.42
11.89
11.71
19.89
17.19
14.43
16.82
19.74
16.12
- -
Return on Capital (%)
4.17
5.27
108.61
5.13
2.63
4.28
9.96
12.54
14.17
13.44
24.22
20.72
16.56
18.23
20.73
16.54
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
61
- -
LT Borrowings
- -
181
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
19,282
19,631
25,010

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
5,525
- -
Cash, Cash Equivalents & STI
- -
3,058
- -
Accounts Receivable, Net
- -
1,351
- -
Inventories
- -
1,020
- -
Total Current Liabilities
- -
805
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
61
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.29%
18.42%
16.87%
Free Cash Flow
-61.38%
-146.43%
67.49%
Net Income, GAAP
39.35%
11.79%
-5.31%
Sales/Revenue/Turnover
9.62%
8.93%
-1.44%
Total Cash Common Dividend
45.4%
42.38%
29.27%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,299
1,604
1,403
1,628
5,817
2026
1,215
1,388
1,512
1,708
5,733
2027
1,492
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
20.14
29.75
16.33
16.62
82.84
2026
20.45
17.28
25.88
14.84
78.45
2027
38.71
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
6.94
2026
- -
- -
- -
- -
8.97
2027
- -
- -
- -
- -
- -
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Business
PIX Transmissions Limited manufactures mechanical power transmission products, including an extensive range of V-belts such as wrap construction belts, moulded raw edge cogged belts, banded belts, ribbed/poly-V belts, timing/synchronous belts, variable speed belts, special construction belts, and PIX-Powerware products; taper lock pulleys, bushes, and couplings; servicing industrial, automotive, agricultural, horticulture, and special applications. Incorporated in 1981 and headquartered in Mumbai with manufacturing facilities in Nagpur, India, the company operates subsidiaries including PIX Europe Limited in the UK, PIX Germany GmbH in Germany, PIX Middle East FZC and PIX Middle East Trading LLC in the UAE, distributing through over 250 channel partners in more than 100 countries worldwide with approximately 52% revenue from exports. Recent developments include expansion of the PIX Germany warehouse in February 2024 to support infrastructure growth, initiation of a centralized logistics hub in Nagpur in July 2022, revenue growth to around ₹500 crore in FY24 with 17% year-on-year increase in 9MFY25, planned capex of ₹15-20 crore annually for automation and ₹30 crore in FY26 for a 9MW solar energy plant funded internally, and upgraded credit ratings to CARE A+; Stable in March 2025 reflecting sustained profitability and low gearing of 0.09x.