Pix Transmission Ltd
PIX Transmissions Ltd. is the leading manufacturer of Belts and related mechanical Power Transmission products in India. The Company features state-of-the-art Belt manufacturing units as well as an ultra-sophisticated, automated Rubber Mixing facility. [1]
- Market Cap ₹ 2,199 Cr.
- Current Price ₹ 1,613
- High / Low ₹ 1,731 / 1,086
- Stock P/E 23.2
- Book Value ₹ 362
- Dividend Yield 0.43 %
- ROCE 22.6 %
- ROE 18.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 10.8% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plantation & Plantation Products Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
227 | 200 | 212 | 224 | 239 | 253 | 295 | 304 | 380 | 449 | 486 | 493 | 510 | |
189 | 167 | 175 | 186 | 192 | 195 | 236 | 243 | 268 | 334 | 382 | 373 | 382 | |
Operating Profit | 39 | 33 | 37 | 38 | 48 | 58 | 59 | 61 | 113 | 115 | 105 | 120 | 128 |
OPM % | 17% | 17% | 17% | 17% | 20% | 23% | 20% | 20% | 30% | 26% | 22% | 24% | 25% |
139 | 4 | 3 | 3 | 6 | 5 | 7 | 7 | 4 | 8 | 13 | 19 | 25 | |
Interest | 20 | 17 | 20 | 19 | 16 | 14 | 12 | 12 | 9 | 8 | 8 | 6 | 4 |
Depreciation | 13 | 14 | 13 | 13 | 13 | 15 | 16 | 19 | 20 | 21 | 23 | 23 | 23 |
Profit before tax | 145 | 7 | 6 | 10 | 24 | 34 | 38 | 37 | 87 | 95 | 87 | 111 | 125 |
Tax % | 27% | -15% | 40% | 33% | 34% | 33% | 25% | 19% | 26% | 27% | 25% | 25% | |
106 | 8 | 4 | 7 | 16 | 23 | 29 | 30 | 65 | 69 | 65 | 83 | 95 | |
EPS in Rs | 77.83 | 5.52 | 2.87 | 4.80 | 11.93 | 16.56 | 20.97 | 22.19 | 47.63 | 50.52 | 47.57 | 60.91 | 69.44 |
Dividend Payout % | 6% | 27% | 35% | 31% | 17% | 15% | 13% | 9% | 10% | 12% | 13% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 9% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 24% |
3 Years: | 8% |
TTM: | 50% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 70% |
3 Years: | 28% |
1 Year: | 48% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 19% |
3 Years: | 18% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 131 | 135 | 136 | 138 | 157 | 175 | 200 | 223 | 286 | 351 | 404 | 479 |
95 | 118 | 134 | 125 | 128 | 105 | 113 | 101 | 74 | 118 | 72 | 44 | |
96 | 111 | 45 | 53 | 56 | 59 | 57 | 63 | 66 | 72 | 88 | 100 | |
Total Liabilities | 337 | 377 | 329 | 330 | 355 | 353 | 385 | 400 | 440 | 555 | 579 | 637 |
100 | 142 | 167 | 173 | 174 | 187 | 199 | 219 | 226 | 259 | 273 | 276 | |
CWIP | 15 | 7 | 0 | 6 | 5 | 0 | 10 | 0 | 0 | 0 | 1 | 2 |
Investments | 1 | 15 | 13 | 14 | 23 | 11 | 8 | 7 | 4 | 5 | 5 | 75 |
220 | 213 | 149 | 137 | 153 | 155 | 168 | 174 | 209 | 291 | 299 | 284 | |
Total Assets | 337 | 377 | 329 | 330 | 355 | 353 | 385 | 400 | 440 | 555 | 579 | 637 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
142 | 45 | 32 | 64 | 27 | 31 | 47 | 52 | 58 | 55 | 112 | 137 | |
44 | -61 | -29 | -26 | -15 | -14 | -34 | -28 | -16 | -72 | -22 | -88 | |
-162 | 3 | -6 | -30 | -13 | -25 | -10 | -19 | -43 | 31 | -69 | -46 | |
Net Cash Flow | 24 | -13 | -4 | 8 | -1 | -7 | 3 | 5 | -2 | 14 | 21 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 94 | 103 | 84 | 86 | 93 | 94 | 84 | 81 | 78 | 78 | 79 | 81 |
Inventory Days | 171 | 214 | 282 | 178 | 246 | 284 | 238 | 255 | 262 | 264 | 207 | 196 |
Days Payable | 81 | 164 | 72 | 85 | 111 | 92 | 65 | 75 | 81 | 58 | 47 | 62 |
Cash Conversion Cycle | 185 | 153 | 294 | 179 | 228 | 285 | 257 | 260 | 259 | 284 | 240 | 215 |
Working Capital Days | 126 | 66 | 150 | 118 | 128 | 142 | 138 | 125 | 136 | 154 | 137 | 121 |
ROCE % | 12% | 9% | 10% | 10% | 14% | 16% | 16% | 15% | 27% | 24% | 19% | 23% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
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Board Meeting Intimation for Approval Of Financial Results For The Quarter Ended 30Th Sep 2024
30 Oct - Board meeting to approve Q2 financial results.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 Oct
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Oct
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Oct
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Portfolio
The product portfolio includes industrial belts, agricultural belts, lawn & garden belts, automotive belts, hi-power rated belts, power-ware products, and various accessories. [1]
The company has a large number of SKUs and sells more than 80% of the products under its own Brand Name and largely in after sales market.