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PIX Transmissions Ltd

PIXTRANS

PIX Transmissions Ltd

PIXTRANS
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹3,665 cr, stock is ranked 912
High RiskStock is 3.42x as volatile as Nifty
2,499.454.84% (+115.35)
2,499.454.84% (+115.35)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹3,665 cr, stock is ranked 912
High RiskStock is 3.42x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹3,665 cr, stock is ranked 912
High RiskStock is 3.42x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
32.037.440.26%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
51.337.400.53%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 10.11%, vs industry avg of 10.63%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.46% to 0.42%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 23.78%, vs industry avg of 23.32%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue237.40257.55270.22316.13326.46385.26457.43499.80511.75577.14
Raw Materialssubtract88.7470.8192.28100.65108.02144.21175.55177.34181.66398.01
Power & Fuel Costsubtract7.176.826.619.7611.5512.3513.1121.3130.09
Employee Costsubtract49.4150.1354.5360.9168.5074.9369.9293.9582.37
Selling & Administrative Expensessubtract38.1145.1644.7548.0649.5924.8536.3129.2831.07
Operating & Other expensessubtract12.6230.909.0330.6220.8112.4738.9859.8947.39
Depreciation/Amortizationsubtract13.0413.3614.6715.8518.8019.9720.7523.3522.9623.52
Interest & Other Itemssubtract18.5715.8914.4712.4011.819.148.238.185.513.91
Taxes & Other Itemssubtract3.218.2311.329.327.1622.4425.7421.6927.7137.24
EPS4.7911.9316.5620.9622.1847.6450.5347.5760.9184.01
DPS1.502.002.502.752.005.006.006.007.007.00
Payout ratio0.310.170.150.130.090.100.120.130.110.08

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
PIX Transmissions Ltd44.177.440.26%
Cummins India Ltd56.8114.781.08%
Thermax Limited81.0511.780.26%
AIA Engineering Ltd28.594.870.46%

Price Comparison

Compare PIXTRANS with any stock or ETF
Compare PIXTRANS with any stock or ETF
PIXTRANS
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 3.64%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding61.82%0.00%0.26%0.26%37.66%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.55%0.23%0.24%0.27%0.33%0.26%

Mutual Funds Holding Trend

Decreased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant Infrastructure Fund - Growth - Direct Plan

Growth
0.0000%0.00%-1.55%32/38 (-4)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

PIXTRANS has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

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

Final
Final | Div/Share: ₹7.00

Dividend/Share

7.00

Ex DateEx Date

Jul 16, 2024

Cash Dividend

Ex DateEx DateJul 11, 2023

Final
Final | Div/Share: ₹6.00

Dividend/Share

6.00

Ex DateEx Date

Jul 11, 2023

Cash Dividend

Ex DateEx DateJul 11, 2022

Final
Final | Div/Share: ₹6.00

Dividend/Share

6.00

Ex DateEx Date

Jul 11, 2022

Cash Dividend

Ex DateEx DateAug 9, 2021

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Aug 9, 2021

Cash Dividend

Ex DateEx DateSep 21, 2020

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 21, 2020

News & Opinions
Spotlight
Pix Transmissions hits the roof after strong Q2 result

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

1 month agoCapital Market - Live
Earnings
Pix Transmission consolidated net profit rises 95.89% in the September 2024 quarter

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

1 month agoCapital Market - Live
Corporate
Pix Transmission to conduct board meeting

Pix Transmission will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Pix Transmission to conduct board meeting

Pix Transmission will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Pix Transmission announces cessation of director

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

2 months agoCapital Market - Live
Earnings
Pix Transmission consolidated net profit rises 73.40% in the June 2024 quarter

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

4 months agoCapital Market - Live
Why Did Sandeep Jain Choose Pix Transmissions Ltd? | Fundamentals, Growth Triggers, and Targets
6 months agoZee Business
NEW YEAR PICKS 2023: Why Varinder Bansal Suggested To Buy PIX Transmissions Ltd For Huge Profits?
1 year agoZee Business