PIX Transmissions Limited share price

PIX Transmissions Limited, together with its subsidiaries, manufactures and sells belts and related mechanical power transmission products in India and internationally. It offers ribbed/poly-V, timing/synchronous, banded, automotive, industrial, special, agriculture, lawn and garden, and V-belts; and PowerWare products, such as dual duty V-pulleys, couplings, bespokes, and tensioners and idler pulleys, as well as auto aftermarket products. The company also provides accessories, including service kits, pulley gauges, laser-guided pulley alignment tools, belt length measurers, digital tension meters, analog tension testers, poly-V belt wear gauges, timing belt wear gauges, belts profile gauge…Read more

Website NSE हिंदी में BSE

IndustrialsSpecialty Industrial MachineryNSE: PIXTRANSISIN INE751B01018

16 Oct 2026, 3:29 PM IST₹1,817.20▲ 7.80 (0.43%)

Market Cap₹ 2,476 Cr.
Current Price₹ 1,817.20
High / Low₹ 2,089 / 1,252
Stock P/E18.8
Book Value₹ 511
Dividend Yield0.50 %
ROCE19.6 %
ROE16.50 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 96.71
Price / Book3.55
OPM24.5 %
Debt / Equity0.03
Sales growth (3Y)6.2 %
Profit growth (3Y)18.1 %
Promoter holding68.1 %
EV / EBITDA12.8
Beta0.14
All-time high₹ 2,800

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
PIXTRANS	+5.37%	-1.46%	+19.30%	+28.41%	+24.72%	+13.47%	—
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

PIX Transmissions Limited is in the Specialty Industrial Machinery industry (Industrials), with a market value of ₹2,476 crore.
It trades at 18.8 times its last 12 months' earnings and 3.6 times book value.
Revenue grew 6.2% a year over the last 3 years, profit 18.1% a year.
Return on equity was 16.5% and return on capital employed 19.6% in the latest year.
Debt was 0.03 times shareholders' equity.
The share price is 13.0% below its 52-week high and up 24.7% over one year.
Promoters and insiders hold about 68.1%; institutions about 0.3%.

Pros

Strong return on equity: 18.5% on average over the last 3 years.
Company is almost debt-free (debt is 0.03 times equity).
Profit has grown 18.1% a year over the last 3 years.
Latest quarter (Jun 2026): sales up 23% and profit up 89% from a year ago.
Promoters hold a large stake of 62.06%.

Cons

No standout weaknesses in the reported figures.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About PIX Transmissions Limited

Employees: 913
Head office: Mumbai

IndustrialsSpecialty Industrial Machinery

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	PIX Transmissions	1,817.20	18.8	2,476	0.50	53	89.33	149	22.80	19.6	16.5	3.55	24.5	0.03	68.05	582	6.2
2.	Bharat Heavy Electricals	434.60	52.6	1,51,330	0.32	377	-25.32	7,698	-14.41	6.6	6.3	5.79	5.0	0.31	59.82	32,360	13.5
3.	ABB India	6,801.00	92.6	1,44,119	0.43	362	-23.67	3,521	17.75	28.5	22.4	15.44	14.4	0.01	76.34	13,065	15.4
4.	Siemens	3,624.00	88.8	1,29,058	0.49	2,143	406.74	4,714	8.44	16.5	14.7	9.32	9.9	0.01	76.91	17,364	3.0
5.	Cummins India	4,608.00	54.0	1,27,734	1.42	609	15.07	3,375	38.99	35.0	29.5	15.07	20.1	0.00	51.29	11,950	16.1
6.	GE Vernova T&D India	3,959.10	77.3	1,01,371	0.25	363	94.64	1,836	59.31	58.5	55.3	37.68	28.1	0.01	51.74	6,201	31.1
7.	Suzlon Energy	42.00	18.4	57,735	0.00	305	-74.18	3,819	1.21	24.8	40.6	5.90	16.5	0.10	17.64	16,547	41.4
8.	AIA Engineering	3,719.70	27.4	34,712	0.43	301	-1.37	1,168	12.42	19.9	17.0	4.32	26.3	0.00	58.53	4,420	-3.4
9.	Kirloskar Oil Engines	2,025.60	54.0	29,486	0.34	114	-19.85	2,000	13.49	17.9	17.1	8.13	16.3	1.48	42.82	7,641	15.4
10.	TD Power Systems	735.15	83.6	23,631	0.14	86	62.75	640	83.81	30.3	24.7	21.43	17.0	0.02	26.57	1,833	29.2
	Median: 44 Co.	2,824.80	48.0	11,688	0.29	334	6.85	2,687	15.62	22.4	16.6	5.93	14.0	0.02	55.14	9,796	15.4

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	112	124	128	129	129	159	140	162	122	139	151	171	149
YOY Sales Growth %		4.12%	14.18%	-4.11%	15.32%	27.89%	9.06%	25.57%	-5.75%	-12.74%	8.39%	5.47%	22.80%
	87	93	96	98	95	109	106	129	94	104	108	140	104
Material Cost %	37%	39%	39%	39%	34%	34%	36%	39%	35%	35%	35%	35%	32%
Employee Cost %	18%	16%	15%	17%	17%	13%	16%	16%	21%	17%	17%	15%	18%
Other Expenses %	22%	20%	21%	20%	22%	21%	25%	25%	22%	23%	19%	31%	20%
Operating Profit	25	31	32	31	34	50	34	33	28	34	43	31	46
OPM %	23%	25%	25%	24%	26%	32%	24%	20%	23%	25%	29%	18%	31%
Other Income	3	4	5	7	10	11	5	4	14	5	9	6	27
Interest	1	1	1	1	1	1	1	1	1	1	1	1	1
Depreciation	6	6	6	6	6	6	6	5	6	6	6	6	6
Profit before tax	22	28	30	31	36	54	31	31	35	32	46	31	67
	26%	26%	28%	21%	24%	25%	29%	26%	21%	27%	23%	34%	21%
Current tax	5	7	8	6	8	13	10	9	7	9	10	14	10
Deferred tax	0	0	0	1	1	1	-1	-1	1	-1	0	-3	4
	16	21	22	24	27	41	22	23	28	24	35	20	53
YOY Profit Growth %		27.60%	86.37%	27.92%	73.39%	95.86%	0.99%	-7.30%	1.50%	-41.91%	58.49%	-10.72%	89.33%
EPS in Rs	11.62	15.19	16.17	17.93	20.15	29.75	16.33	16.62	20.45	17.28	25.88	14.84	38.71
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	102	115	120	118	119	150	134	149	111	126	139	155	135
YOY Sales Growth %	-6.71%	3.50%	15.75%	-6.48%	16.49%	30.94%	11.52%	26.38%	-7.14%	-16.22%	3.68%	4.06%	21.59%
	79	85	90	88	88	104	101	121	87	97	100	130	95
Material Cost %	38%	40%	41%	38%	36%	37%	38%	41%	38%	38%	37%	37%	34%
Employee Cost %	17%	15%	14%	16%	16%	12%	14%	15%	19%	16%	16%	14%	16%
Other Expenses %	22%	20%	20%	21%	22%	20%	24%	25%	22%	24%	19%	33%	20%
Operating Profit	23	29	30	30	31	46	33	28	23	28	39	25	40
OPM %	23%	26%	25%	25%	26%	31%	25%	19%	21%	23%	28%	16%	30%
Other Income	3	4	5	7	9	11	5	5	14	5	9	7	27
Interest	1	1	1	1	1	1	1	1	1	1	1	1	1
Depreciation	6	6	6	5	6	6	6	5	6	6	6	5	6
Profit before tax	20	26	29	30	34	50	31	26	31	27	41	26	61
	27%	25%	26%	20%	24%	25%	27%	27%	21%	29%	23%	34%	21%
Current tax	5	6	7	5	7	12	9	8	6	8	9	12	9
Deferred tax	0	0	0	1	1	1	-1	-1	1	-1	0	-3	4
	14	20	21	24	26	38	23	19	24	19	32	17	48
YOY Profit Growth %	-1.56%	38.49%	113.44%	43.80%	78.71%	93.11%	6.10%	-19.43%	-5.29%	-49.46%	39.98%	-12.03%	97.81%
EPS in Rs	10.59	14.32	15.64	17.59	18.92	27.65	16.59	14.18	17.92	13.97	23.22	12.47	35.44
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	449	486	493	589	582	610
YOY Sales Growth %		8.24%	1.40%	19.55%	-1.21%
	335	382	373	427	429	456
Material Cost %	41%	41%	38%	36%	35%	34%
Employee Cost %	19%	19%	17%	16%	17%	17%
Other Expenses %	15%	18%	21%	21%	21%	24%
Operating Profit	114	104	120	162	153	154
OPM %	25%	21%	24%	27%	26%	25%
Other Income	8	14	19	18	17	48
Interest	7	7	5	4	3	3
Depreciation	21	23	23	24	23	23
Profit before tax	95	87	111	153	144	176
	27%	25%	25%	26%	26%	25%
Current tax	25	24	26	40	40
Deferred tax	1	-3	2	0	-3
	69	65	83	113	107	132
YOY Profit Growth %		-5.85%	28.03%	36.02%	-5.31%
EPS in Rs	5.05	47.57	60.91	82.84	78.45	96.71

Compounded Sales Growth

3 Years:: 6%
TTM:: 5%

Compounded Profit Growth

3 Years:: 18%
TTM:: 16%

Stock Price CAGR

3 Years:: 13%
1 Year:: 25%

Return on Equity

4 Years:: 18%
Last Year:: 17%

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	450	455	552	530	554
YOY Sales Growth %		1.03%	21.39%	-3.97%
	359	342	402	398	422
Material Cost %	43%	39%	38%	38%	37%
Employee Cost %	18%	15%	14%	16%	15%
Other Expenses %	18%	20%	20%	21%	24%
Operating Profit	91	113	151	132	132
OPM %	20%	25%	27%	25%	24%
Other Income	14	19	18	18	48
Interest	7	5	4	3	3
Depreciation	23	22	23	23	23
Profit before tax	74	104	142	125	155
	25%	24%	26%	26%	25%
Current tax	21	24	36	36
Deferred tax	-3	2	0	-3
	55	79	105	92	116
YOY Profit Growth %		43.00%	33.03%	-12.61%
EPS in Rs	40.65	58.14	77.33	67.58	85.10
Dividend Payout %	15%	10%	9%	13%

Compounded Sales Growth

3 Years:: 6%
TTM:: 2%

Compounded Profit Growth

3 Years:: 18%
TTM:: 11%

Stock Price CAGR

3 Years:: 13%
1 Year:: 25%

Return on Equity

4 Years:: 18%
Last Year:: 17%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	14	14	14	14
Reserves	404	479	582	683
	72	44	35	24
Long term borrowings	48	33	24	18
Short term borrowings	24	11	12	6
	88	100	99	109
Trade payables	24	31	27	26
Current liabilities	82	71	68	81
Total Liabilities	579	637	730	830
	276	275	271	272
Gross block	480	490	505	526
Accumulated depreciation	204	215	234	254
Goodwill & intangibles	1	5	2	1
CWIP	3	4	7	4
	299	359	453	554
Inventories	105	98	120	102
Trade receivables	105	110	122	135
Cash & equivalents	45	49	52	101
Current assets	298	353	452	553
Total Assets	579	637	730	830

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	112	137	108	171
Profit for the year	65	83	113	107
Working capital changes	16	26	-33	22
Direct taxes paid	-23	-27	-41	-36
	-22	-88	-77	-89
Fixed assets purchased	-25	-27	-21	-25
Fixed assets sold	1	1	2	2
Investments sold	1
	-69	-46	-27	-33
Interest paid	-7	-5	-4	-3
Dividends paid	-8	-8	-9	-12
Net Cash Flow	21	3	3	49
Free Cash Flow	87	110	87	146

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	15.5%	18.2%	20.7%	16.5%
ROCE	—	18.9%	20.4%	23.5%	19.6%
Operating margin	—	17.1%	20.5%	25.0%	24.5%
Net margin	—	13.5%	17.0%	19.4%	18.6%
Debt / equity	—	0.17	0.09	0.06	0.03
Current ratio	—	3.62	4.98	6.61	6.86
Debtor days	—	80	82	76	86
Inventory days	—	192	184	200	176
Days payable	—	43	59	46	45
Cash conversion cycle	—	229	207	230	217
Working capital days	—	163	211	241	300

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 62.06%
FIIs 0.61%
DIIs 2.76%
Public 34.57%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	61.82%	61.82%	61.82%	61.82%	61.82%	61.82%	61.82%	61.82%	62.06%	62.06%	62.06%	62.06%
	0.24%	0.27%	0.33%	0.26%	0.93%	0.80%	1.03%	0.94%	0.98%	0.41%	0.61%	0.61%
Foreign portfolio investors (Cat. I)	0.24%	0.27%	0.33%	0.26%	0.47%	0.42%	0.68%	0.51%	0.42%	0.41%	0.50%	0.49%
Foreign portfolio investors (Cat. II)					0.45%	0.38%	0.35%	0.43%	0.56%		0.11%	0.12%
	5.28%	5.27%	5.27%	0.26%	0.76%	0.57%	0.56%	0.67%	1.55%	2.50%	2.69%	2.76%
Mutual funds	5.21%	5.21%	5.21%		0.04%
Banks	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Alternative investment funds				0.20%	0.66%	0.51%	0.50%	0.61%	1.49%	2.45%	2.64%	2.71%
	32.67%	32.64%	32.58%	37.66%	36.49%	36.81%	36.59%	36.56%	35.41%	35.02%	34.64%	34.57%
Retail (up to ₹2 lakh)	19.48%	19.19%	18.97%	22.62%	22.51%	22.47%	22.64%	23.59%	22.61%	22.34%	21.77%	21.68%
HNIs (above ₹2 lakh)	4.17%	4.14%	4.14%	3.83%	3.56%	3.68%	3.37%	2.31%	2.31%	2.31%	2.51%	2.50%
NRIs	0.93%	0.82%	0.77%	0.89%	0.97%	0.97%	1.10%	1.21%	1.31%	1.36%	1.37%	1.33%
Bodies corporate	1.63%	1.74%	1.86%	2.73%	1.89%	2.27%	2.11%	2.06%	2.07%	1.76%	1.76%	2.17%
IEPF	3.24%	3.24%	3.36%	3.35%	3.34%	3.34%	3.42%	3.41%	3.39%	3.49%	3.46%	3.43%
No. of Shareholders	23,635	23,598	23,340	27,770	35,739	36,510	32,009	31,156	29,423	28,244	27,767	27,732

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding PIX Transmissions

Holder (above 1%)	Stake
New Mark Capital Aif LlpAIF	1.16%

As named in the shareholding pattern for Sep 2026 filed with NSE. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

None filed recently.

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 14 Jul 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

No recent coverage found.

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about PIX Transmissions Limited

What is the share price of PIX Transmissions Limited today?

PIX Transmissions Limited (PIXTRANS) last traded at ₹1,817.20 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of PIX Transmissions Limited?

About ₹2,476 crore at the latest price.

What is the P/E ratio of PIX Transmissions Limited?

About 18.8 times its earnings over the last 12 months.

Is PIX Transmissions Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy PIX Transmissions Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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PIX Transmissions Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About PIX Transmissions Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Mutual funds & institutions holding PIX Transmissions

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about PIX Transmissions Limited

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