PIXTRANS
Pix Transmissions Limited
Industrial rubber products manufacturer of belts, hoses and transmission components
Industrials›Capital Goods›Industrial Products›Rubber
pixtrans.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
PIX Transmissions makes industrial rubber products.
Company snapshot
2ndBy market cap
Ranked among 8 companies in Rubber.
What we see
- ✓Net margin of 18.4% — the business keeps a healthy share of every rupee it earns.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 124 Cr | 128 Cr | 129 Cr | 129 Cr | 159 Cr | 140 Cr | 162 Cr | 122 Cr | 139 Cr | 151 Cr | 171 Cr | 149 Cr |
| Operating expenses (approx.) | 93 Cr | 96 Cr | 98 Cr | 95 Cr | 109 Cr | 106 Cr | 129 Cr | 94 Cr | 104 Cr | 108 Cr | 140 Cr | 104 Cr |
| EBITDA | 31 Cr | 32 Cr | 31 Cr | 34 Cr | 50 Cr | 34 Cr | 33 Cr | 28 Cr | 34 Cr | 43 Cr | 31 Cr | 46 Cr |
| OPM % | 25.2% | 25.1% | 23.8% | 26.0% | 31.7% | 24.1% | 20.1% | 22.7% | 24.8% | 28.8% | 18.1% | 30.6% |
| Other income | 4 Cr | 5 Cr | 7 Cr | 10 Cr | 11 Cr | 5 Cr | 4 Cr | 14 Cr | 5 Cr | 9 Cr | 6 Cr | 27 Cr |
| Interest | 1 Cr | 1 Cr | 0.93 Cr | 0.95 Cr | 0.92 Cr | 0.82 Cr | 0.91 Cr | 0.71 Cr | 0.72 Cr | 0.65 Cr | 0.97 Cr | 0.61 Cr |
| Depreciation | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 5 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr |
| Profit before tax | 28 Cr | 30 Cr | 31 Cr | 36 Cr | 54 Cr | 31 Cr | 31 Cr | 35 Cr | 32 Cr | 46 Cr | 31 Cr | 67 Cr |
| Tax % | 25.9% | 27.5% | 20.8% | 24.1% | 25.3% | 29.2% | 26.1% | 20.9% | 27.4% | 23.2% | 33.8% | 20.8% |
| Net profit | 21 Cr | 22 Cr | 24 Cr | 27 Cr | 41 Cr | 22 Cr | 23 Cr | 28 Cr | 24 Cr | 35 Cr | 20 Cr | 53 Cr |
| EPS (₹) | ₹15.19 | ₹16.17 | ₹17.93 | ₹20.15 | ₹29.75 | ₹16.33 | ₹16.62 | ₹20.45 | ₹17.28 | ₹25.88 | ₹14.84 | ₹38.71 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 252 Cr | 265 Cr | 309 Cr | 319 Cr | 400 Cr | 449 Cr | 486 Cr | 493 Cr | 589 Cr | 582 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 205 Cr | 209 Cr | 251 Cr | 259 Cr | 289 Cr | 335 Cr | 382 Cr | 373 Cr | 427 Cr | 429 Cr | Sign in free for the trailing twelve months |
| EBITDA | 46 Cr | 56 Cr | 58 Cr | 59 Cr | 111 Cr | 114 Cr | 104 Cr | 120 Cr | 162 Cr | 153 Cr | Sign in free for the trailing twelve months |
| OPM % | 18.4% | 21.2% | 18.8% | 18.7% | 27.7% | 25.4% | 21.4% | 24.3% | 27.5% | 26.3% | Sign in free for the trailing twelve months |
| Other income | 6 Cr | 5 Cr | 7 Cr | 8 Cr | 5 Cr | 8 Cr | 14 Cr | 19 Cr | 18 Cr | 17 Cr | Sign in free for the trailing twelve months |
| Interest | 14 Cr | 13 Cr | 11 Cr | 11 Cr | 8 Cr | 7 Cr | 7 Cr | 5 Cr | 4 Cr | 3 Cr | Sign in free for the trailing twelve months |
| Depreciation | 13 Cr | 15 Cr | 16 Cr | 19 Cr | 20 Cr | 21 Cr | 23 Cr | 23 Cr | 24 Cr | 23 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 24 Cr | 34 Cr | 38 Cr | 37 Cr | 87 Cr | 95 Cr | 87 Cr | 111 Cr | 153 Cr | 144 Cr | Sign in free for the trailing twelve months |
| Tax % | 33.6% | 33.4% | 24.6% | 19.1% | 25.7% | 27.2% | 25.1% | 25.0% | 26.0% | 25.8% | Sign in free for the trailing twelve months |
| Net profit | 16 Cr | 23 Cr | 29 Cr | 30 Cr | 65 Cr | 69 Cr | 65 Cr | 83 Cr | 113 Cr | 107 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹12.00 | ₹17.00 | ₹20.97 | ₹22.19 | ₹47.63 | ₹50.53 | ₹47.57 | ₹60.91 | ₹82.84 | ₹78.45 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 4.2% | 9.8% | 12.5% | 9.8% | 8.4% | 11.4% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 14 Cr | 14 Cr | 14 Cr | 14 Cr | 14 Cr | 14 Cr | 14 Cr | 14 Cr | 14 Cr | 14 Cr |
| Reserves | 157 Cr | 175 Cr | 200 Cr | 223 Cr | 286 Cr | 351 Cr | 404 Cr | 479 Cr | 582 Cr | 683 Cr |
| Borrowings | 128 Cr | 105 Cr | 113 Cr | 101 Cr | 71 Cr | 117 Cr | 68 Cr | 44 Cr | 35 Cr | 24 Cr |
| Other liabilities | 56 Cr | 59 Cr | 57 Cr | 63 Cr | 69 Cr | 73 Cr | 88 Cr | 100 Cr | 99 Cr | 109 Cr |
| Total liabilities | 355 Cr | 353 Cr | 385 Cr | 400 Cr | 440 Cr | 555 Cr | 575 Cr | 637 Cr | 730 Cr | 830 Cr |
| Fixed assets (net) | 173 Cr | 186 Cr | 198 Cr | 218 Cr | 222 Cr | 257 Cr | 272 Cr | 270 Cr | 263 Cr | 267 Cr |
| CWIP | 5 Cr | — | 10 Cr | 0 Cr | 0.34 Cr | 0 Cr | 0.41 Cr | 2 Cr | 2 Cr | 3 Cr |
| Investments | 23 Cr | 11 Cr | 8 Cr | 7 Cr | 4 Cr | 5 Cr | 5 Cr | 75 Cr | 128 Cr | 200 Cr |
| Loans & advances | — | — | — | 0.61 Cr | 0.55 Cr | 0.31 Cr | 0.23 Cr | 0.18 Cr | 0.25 Cr | 0.04 Cr |
| Inventories | 47 Cr | 64 Cr | 70 Cr | 73 Cr | 97 Cr | 125 Cr | 105 Cr | 98 Cr | 120 Cr | 102 Cr |
| Trade receivables | 61 Cr | 65 Cr | 68 Cr | 68 Cr | 82 Cr | 95 Cr | 105 Cr | 110 Cr | 122 Cr | 135 Cr |
| Cash & bank | 15 Cr | 3 Cr | 8 Cr | 12 Cr | 10 Cr | 24 Cr | 45 Cr | 49 Cr | 52 Cr | 101 Cr |
| Other assets | 32 Cr | 23 Cr | 23 Cr | 22 Cr | 24 Cr | 49 Cr | 41 Cr | 34 Cr | 44 Cr | 22 Cr |
| Total assets | 355 Cr | 353 Cr | 385 Cr | 400 Cr | 440 Cr | 555 Cr | 575 Cr | 637 Cr | 730 Cr | 830 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 27 Cr | 31 Cr | 47 Cr | 52 Cr | 35 Cr | 55 Cr | 112 Cr | 137 Cr | 108 Cr | 171 Cr |
| Cash from investing | -15 Cr | -14 Cr | -34 Cr | -28 Cr | -23 Cr | -72 Cr | -22 Cr | -88 Cr | -77 Cr | -89 Cr |
| Cash from financing | -13 Cr | -25 Cr | -10 Cr | -19 Cr | -16 Cr | 32 Cr | -69 Cr | -46 Cr | -27 Cr | -33 Cr |
| Net cash flow | -0.65 Cr | -7 Cr | 3 Cr | 5 Cr | -4 Cr | 14 Cr | 21 Cr | 3 Cr | 3 Cr | 49 Cr |
| Free cash flow (OCF − Capex) | — | 8 Cr | 9 Cr | 23 Cr | 9 Cr | -16 Cr | 87 Cr | 110 Cr | 87 Cr | 146 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 13.0% | 16.0% | 15.1% | 14.4% | 25.8% | 21.1% | 19.3% | 21.5% | 24.7% | 20.4% |
| ROE % | 9.5% | 11.9% | 13.4% | 12.8% | 21.7% | 18.9% | 15.5% | 16.8% | 18.9% | 15.3% |
| Debtor days | 88 | 89 | 80 | 77 | 74 | 77 | 79 | 81 | 75 | 84 |
| Inventory days | 190 | 236 | 224 | 223 | 229 | 261 | 220 | 210 | 222 | 218 |
| Days payable | 85 | 77 | 61 | 66 | 68 | 57 | 50 | 67 | 50 | 56 |
| Cash conversion cycle | 192 | 248 | 243 | 234 | 235 | 281 | 249 | 224 | 246 | 247 |
| OCF / EBITDA % | 58.6% | 55.5% | 81.2% | 88.0% | 32.0% | 47.9% | 107.9% | 114.3% | 66.7% | 111.8% |
| OCF / EBITDA % (3 years) | — | — | 65.7% | 75.2% | 59.1% | 50.1% | 61.5% | 89.9% | 92.6% | 95.6% |
| Debt / equity | 0.75 | 0.55 | 0.53 | 0.43 | 0.24 | 0.32 | 0.16 | 0.09 | 0.06 | 0.03 |
| Current ratio | 1.40 | 1.57 | 1.65 | 1.75 | 2.56 | 2.61 | 3.58 | 4.98 | 6.60 | 6.86 |
| Net debt / EBITDA | 2.44 | 1.80 | 1.82 | 1.50 | 0.55 | 0.81 | 0.22 | -0.04 | -0.10 | -0.50 |