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 ₹ 1,944 Cr.
- Current Price ₹ 1,425
- High / Low ₹ 1,569 / 702
- Stock P/E 32.1
- Book Value ₹ 303
- Dividend Yield 0.42 %
- ROCE 17.9 %
- ROE 15.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 20.7% CAGR over last 5 years
Cons
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
211 | 226 | 187 | 196 | 208 | 223 | 239 | 276 | 283 | 354 | 417 | 450 | 447 | |
166 | 187 | 155 | 161 | 174 | 178 | 184 | 218 | 227 | 247 | 312 | 358 | 345 | |
Operating Profit | 45 | 39 | 33 | 35 | 34 | 45 | 55 | 58 | 57 | 107 | 105 | 92 | 102 |
OPM % | 21% | 17% | 17% | 18% | 16% | 20% | 23% | 21% | 20% | 30% | 25% | 20% | 23% |
2 | 140 | 4 | 3 | 3 | 6 | 5 | 7 | 7 | 4 | 8 | 14 | 9 | |
Interest | 26 | 20 | 17 | 20 | 18 | 16 | 14 | 12 | 12 | 9 | 8 | 8 | 7 |
Depreciation | 20 | 13 | 13 | 12 | 12 | 12 | 14 | 15 | 19 | 20 | 20 | 23 | 23 |
Profit before tax | 1 | 145 | 7 | 6 | 7 | 23 | 33 | 38 | 33 | 82 | 84 | 74 | 81 |
Tax % | 22% | 27% | -14% | 43% | 45% | 35% | 34% | 24% | 20% | 25% | 26% | 25% | |
1 | 107 | 8 | 3 | 4 | 15 | 21 | 29 | 27 | 61 | 62 | 55 | 61 | |
EPS in Rs | 0.48 | 78.19 | 5.60 | 2.53 | 2.69 | 10.97 | 15.76 | 20.95 | 19.68 | 44.87 | 45.52 | 40.65 | 44.45 |
Dividend Payout % | 0% | 6% | 27% | 39% | 56% | 18% | 16% | 13% | 10% | 11% | 13% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 14% |
3 Years: | 17% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 21% |
3 Years: | 27% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 45% |
5 Years: | 51% |
3 Years: | 81% |
1 Year: | 56% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 30 | 132 | 137 | 139 | 140 | 156 | 174 | 199 | 219 | 277 | 332 | 375 | 399 |
Preference Capital | 11 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
220 | 81 | 116 | 129 | 124 | 127 | 104 | 113 | 101 | 74 | 118 | 68 | 52 | |
83 | 110 | 59 | 46 | 47 | 54 | 57 | 53 | 61 | 64 | 68 | 82 | 101 | |
Total Liabilities | 346 | 337 | 325 | 328 | 325 | 351 | 349 | 378 | 395 | 429 | 531 | 540 | 565 |
172 | 100 | 139 | 164 | 170 | 172 | 186 | 198 | 219 | 225 | 258 | 273 | 273 | |
CWIP | 0 | 15 | 7 | 0 | 6 | 5 | 0 | 10 | 0 | 0 | 0 | 1 | 2 |
Investments | 2 | 1 | 16 | 14 | 15 | 24 | 12 | 9 | 8 | 5 | 6 | 6 | 46 |
172 | 220 | 164 | 150 | 133 | 151 | 151 | 161 | 168 | 198 | 268 | 260 | 245 | |
Total Assets | 346 | 337 | 325 | 328 | 325 | 351 | 349 | 378 | 395 | 429 | 531 | 540 | 565 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29 | 141 | 31 | 33 | 56 | 28 | 32 | 45 | 50 | 58 | 54 | 101 | |
-20 | 44 | -58 | -29 | -25 | -14 | -13 | -34 | -27 | -16 | -72 | -22 | |
-8 | -161 | 12 | -7 | -24 | -14 | -24 | -10 | -19 | -43 | 31 | -69 | |
Net Cash Flow | -0 | 24 | -14 | -3 | 7 | -1 | -6 | 2 | 4 | -1 | 13 | 10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 74 | 96 | 109 | 111 | 106 | 114 | 114 | 103 | 107 | 94 | 84 | 85 |
Inventory Days | 244 | 169 | 198 | 240 | 166 | 173 | 227 | 186 | 192 | 217 | 224 | 164 |
Days Payable | 156 | 110 | 126 | 80 | 73 | 90 | 83 | 50 | 72 | 77 | 54 | 43 |
Cash Conversion Cycle | 163 | 156 | 181 | 270 | 199 | 197 | 258 | 239 | 227 | 234 | 254 | 206 |
Working Capital Days | 127 | 112 | 153 | 161 | 133 | 138 | 148 | 146 | 133 | 139 | 152 | 132 |
ROCE % | 10% | 13% | 9% | 9% | 9% | 13% | 16% | 16% | 14% | 26% | 22% | 18% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Nov
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Product Portfolio
The company's product portfolio includes Industrial belts, agricultural belts, lawn & garden belts, Automotive belts, hi-power rated belts, power-ware products, and various accessories as well. [1] The products are used in various machinery and thus find applications in diverse industries viz. automotive, agriculture, ceramic, cold storage, food processing, domestic appliance, cement, machine tools, oil and gas, packaging, paper, pharmaceutical, steel, textile and many more. [2]