PIX Transmissions Ltd
PIXTRANSPIX Transmissions Ltd
PIXTRANSPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
32.03 | 7.44 | 0.26% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
51.33 | 7.40 | 0.53% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Pix Transmissions Limited is an India-based company, which is engaged in the business of industrial rubber products. Its principal activity includes manufacturing of rubber V-belts and related mechanical power transmissions products in India.
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Jyoti CNC Automation Ltd
Carborundum Universal Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 237.40 | 257.55 | 270.22 | 316.13 | 326.46 | 385.26 | 457.43 | 499.80 | 511.75 | 577.14 | ||||||||||
Raw Materials | 88.74 | 70.81 | 92.28 | 100.65 | 108.02 | 144.21 | 175.55 | 177.34 | 181.66 | 398.01 | ||||||||||
Power & Fuel Cost | 7.17 | 6.82 | 6.61 | 9.76 | 11.55 | 12.35 | 13.11 | 21.31 | 30.09 | |||||||||||
Employee Cost | 49.41 | 50.13 | 54.53 | 60.91 | 68.50 | 74.93 | 69.92 | 93.95 | 82.37 | |||||||||||
Selling & Administrative Expenses | 38.11 | 45.16 | 44.75 | 48.06 | 49.59 | 24.85 | 36.31 | 29.28 | 31.07 | |||||||||||
Operating & Other expenses | 12.62 | 30.90 | 9.03 | 30.62 | 20.81 | 12.47 | 38.98 | 59.89 | 47.39 | |||||||||||
EBITDA | 41.35 | 53.73 | 63.02 | 66.13 | 67.99 | 116.45 | 123.56 | 118.03 | 139.17 | 179.13 | ||||||||||
Depreciation/Amortization | 13.04 | 13.36 | 14.67 | 15.85 | 18.80 | 19.97 | 20.75 | 23.35 | 22.96 | 23.52 | ||||||||||
PBIT | 28.31 | 40.37 | 48.35 | 50.28 | 49.19 | 96.48 | 102.81 | 94.68 | 116.21 | 155.61 | ||||||||||
Interest & Other Items | 18.57 | 15.89 | 14.47 | 12.40 | 11.81 | 9.14 | 8.23 | 8.18 | 5.51 | 3.91 | ||||||||||
PBT | 9.74 | 24.48 | 33.88 | 37.88 | 37.38 | 87.34 | 94.58 | 86.50 | 110.70 | 151.70 | ||||||||||
Taxes & Other Items | 3.21 | 8.23 | 11.32 | 9.32 | 7.16 | 22.44 | 25.74 | 21.69 | 27.71 | 37.24 | ||||||||||
Net Income | 6.53 | 16.25 | 22.56 | 28.56 | 30.22 | 64.90 | 68.84 | 64.81 | 82.99 | 114.46 | ||||||||||
EPS | 4.79 | 11.93 | 16.56 | 20.96 | 22.18 | 47.64 | 50.53 | 47.57 | 60.91 | 84.01 | ||||||||||
DPS | 1.50 | 2.00 | 2.50 | 2.75 | 2.00 | 5.00 | 6.00 | 6.00 | 7.00 | 7.00 | ||||||||||
Payout ratio | 0.31 | 0.17 | 0.15 | 0.13 | 0.09 | 0.10 | 0.12 | 0.13 | 0.11 | 0.08 |
Company Updates
Annual report
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PDFPeers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
PIX Transmissions Ltd | 44.17 | 7.44 | 0.26% |
Cummins India Ltd | 56.81 | 14.78 | 1.08% |
Thermax Limited | 81.05 | 11.78 | 0.26% |
AIA Engineering Ltd | 28.59 | 4.87 | 0.46% |
Price Comparison
Compare PIXTRANS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 3.64%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 5.21%
Top 1 Mutual Funds holding PIX Transmissions Ltd
Funds (Top 1) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Quant Infrastructure Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -1.55% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 32/38 (-4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
PIXTRANS has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.26%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.60 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 16, 2024
Dividend/Share
₹7.00
Ex DateEx Date
Jul 16, 2024
Cash Dividend
Ex DateEx DateJul 11, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Jul 11, 2023
Cash Dividend
Ex DateEx DateJul 11, 2022
Dividend/Share
₹6.00
Ex DateEx Date
Jul 11, 2022
Cash Dividend
Ex DateEx DateAug 9, 2021
Dividend/Share
₹5.00
Ex DateEx Date
Aug 9, 2021
Cash Dividend
Ex DateEx DateSep 21, 2020
Dividend/Share
₹2.00
Ex DateEx Date
Sep 21, 2020
Revenue from operations jumped 27.89% to Rs 159.05 crore in Q2 FY25 as against Rs 124.36 crore in Q2 FY24. The company's profit before tax spiked 94.37% to Rs 54.29 crore in Q2 FY25 over Q2 FY24. Total expenses rose by 15.49% to Rs 115.55 crore in Q2 FY25 as compared with Rs 100.05 crore posted in Q2 FY24. Cost of material consumed was at Rs 44.98 crore (up 14.83% YoY) and employee benefits expense stood at Rs 21.05 crore (up 4.83% YoY) during the quarter. On half year basis, the company's net profit rallied 86.11% to Rs 67.97 crore on 21.94% increased in revenue from operations to Rs 288 crore in H1 FY25 over H1 FY24. PIX Transmissions is the leading manufacturer of belts and related mechanical power transmission products in India. The company features belt manufacturing units as well as an ultra-sophisticated, automated rubber mixing facility. The company has overseas subsidiary operations in Europe, and Middle-East, in addition to over 250 committed Channel Partners in over 100 countries worldwide. Powered by Capital Market - Live
Net profit of Pix Transmission rose 95.89% to Rs 40.53 crore in the quarter ended September 2024 as against Rs 20.69 crore during the previous quarter ended September 2023. Sales rose 27.89% to Rs 159.06 crore in the quarter ended September 2024 as against Rs 124.37 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales159.06124.37 28 OPM %31.7425.19 - PBDT60.3533.69 79 PBT54.2927.94 94 NP40.5320.69 96 Powered by Capital Market - Live
Pix Transmission will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live
Pix Transmission will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live
Pix Transmission announced the cessation of Nigel Savio Lobo (DIN 06677817) as Independent Director of the company with effect from 19 September 2024 on completion of his second term. Powered by Capital Market - Live
Net profit of Pix Transmission rose 73.40% to Rs 27.45 crore in the quarter ended June 2024 as against Rs 15.83 crore during the previous quarter ended June 2023. Sales rose 15.32% to Rs 128.95 crore in the quarter ended June 2024 as against Rs 111.82 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales128.95111.82 15 OPM %25.9922.59 - PBDT42.1627.29 54 PBT36.1621.54 68 NP27.4515.83 73 Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.11%, vs industry avg of 10.63%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.46% to 0.42%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 23.78%, vs industry avg of 23.32%