PIXTRANSIndustrials

Pix Transmissions Limited

Rubber · ISIN INE751B01018 · BSE 500333 · NSE EQ · FV ₹10
Last price
₹1,725
0.00%today
What this company does

Pix Transmissions Limited operates in Rubber, part of the Industrials sector. It booked ₹149 cr of revenue in its latest quarter (Q1 FY27) and kept 35.3% of sales as profit. It is the 2nd largest of 7 Rubber companies we track, by market value.

In the report:
80out of 100
Equitytale Health Score
Fortress

Healthier than 80% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 51–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns93

How much profit it earns on the money it employs

Balance sheet91

How much it owes, and whether earnings cover the interest

Cash quality76

Whether reported profit actually arrives as cash

Growth & consistency65

Whether sales and profit have grown, and how steadily

Valuation50

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 35% net margin
Sales up 23% vs last year
Profit up 89% vs last year
Promoters hold 62%
No promoter shares pledged
Strong 30% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in PIXTRANS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 14% a year, it would become
₹24.93 lakh

The slider starts at 14%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,725 0.00%
latest close · 2026-09-17
52-wk low ₹71486 sessions so far52-wk high ₹2,089
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.1Low
LowAverageHigh
P/B ratio3.37High
Below bookModerateHigh
EV / EBITDA7.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity30.3%Strong
WeakFairStrong ▸15%
Return on capital35.9%Strong
WeakFairStrong
Net margin35.3%Strong
ThinDecentStrong
EBITDA margin49.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Interest cover111.0×Strong
RiskyOkayStrong ▸5×
Current ratio6.86Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹2,350 cr
Book value
₹511
EPS
₹38.71
latest quarter
Net debt
₹-77 cr
more cash than debt
Enterprise value
₹2,273 cr
EBITDA
₹292 cr
annualised
EBIT
₹269 cr
annualised
Operating margin
45.1%
Return on assets
25.4%
Earnings yield
8.98%
P/S
3.94
Sales / share
₹438.2
Tax rate
20.8%
Face value
₹10
Shares
1.4 cr
Working capital
₹472 cr
Current assets
₹553 cr
Current liabilities
₹81 cr
Delivery %
55.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹1,114 vs market price ₹1,725 — price is 55% above it
Safety cushion-54.9%(target ≥ +20%)
Models span ₹667₹1,582, midpoint ₹1,114
Model ₹1,114
Price ₹1,725
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹149 cr
Other Income₹27 cr
Total Income₹177 cr
Cost of Materials₹47 cr
Purchases of Stock-in-Trade₹5 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹27 cr
Finance Costs₹60.6 L
Depreciation & Amortisation₹6 cr
Other Expenses₹30 cr
Total Expenses₹110 cr
Profit before Tax₹67 cr
Tax Expense₹14 cr
Net Profit₹53 cr
Net margin on total income29.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹47 cr26.6%
Employee benefit expense₹27 cr15.1%
Finance costs₹60.6 L0.3%
Depreciation & amortisation₹6 cr3.3%
Other expenses₹30 cr16.9%
Tax expense₹14 cr7.9%
Profit for the period₹53 cr29.9%
Total income ₹177 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue151 cr171 cr149 cr
Total income160 cr177 cr177 cr
Expenses114 cr146 cr110 cr
Profit before tax46 cr31 cr67 cr
Tax11 cr10 cr14 cr
Net profit (owners' share)35 cr20 cr53 cr
Net margin (owners' share, on revenue)23.3%11.8%35.3%
EPS (₹)25.8814.8438.71
YoY (latest quarter): total income +30.2% · net profit +89.3%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹830 cr
Shareholder equity
₹697 cr
parent shareholders
Total debt
₹24 cr
Cash
₹101 cr
Cash flow · H1 FY26
Operating
₹89 cr
Investing
₹-44 cr
Financing
₹-25 cr
Peer comparison
Rubber · by market value
CompanyPriceMarket capP/E
Apcotex Industries Limited₹599₹3,108 cr9.8
Pix Transmissions Limitedthis company₹1,725₹2,350 cr11.1
Tinna Rubber and Infrastructure Limited₹1,001₹1,803 cr21.9
GRP Limited₹1,972₹1,052 cr62.6
Rubfila International Limited₹66₹357 cr15.4
Harrisons Malayalam Limited₹181₹333 cr21.2
Sampann Utpadan India Limited₹24₹118 cr14.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.52%
trailing 12 months
Dividend / share (TTM)
₹9
Last dividend
₹9
ex 14 Jul 2026
ActionDetailEx-date
Dividend₹9 / share14 Jul 2026
Dividend₹9 / share18 Jul 2025
Dividend₹7 / share16 Jul 2024
Dividend₹6 / share11 Jul 2023
Dividend₹6 / share11 Jul 2022
Dividend₹5 / share9 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
62.1%
FII / Foreign
0.6%
DII / Domestic
2.7%
Retail / others
34.6%
Promoter stake up 0.2% over the last 12 quarters.
Smart-money activity
Bulk / block deals
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE1.04 L @ ₹1,873.9929 Jun 26
BoughtJUNOMONETA FINSOL PRIVATE LIMITED · NSE1.03 L @ ₹1,872.829 Jun 26
BoughtQE SECURITIES LLP · NSE72,352 @ ₹1,808.0425 Jun 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 30 Mar 2026
See the official result
1
Re-appointment of Mr. Rishipal Sethi as Jt. Managing Director for a period of 3 years w.e.f. April 01, 2026
Promoters had a personal stake in this
Backed by 93% of shareholders other than promotersneeded 75%
3.76 L votes for, 28,731 against · 16% of mutual funds and other big investors said no
2
Re-appointment of Ms. Shirley Paul as a Whole Time Director for a period of 3 years w.e.f. July 10, 2026
Backed by 100% of shareholders other than promotersneeded 75%
4.04 L votes for, 35 against · 0% of mutual funds and other big investors said no
3
Change in the terms of office of Mr. Amarpal Sethi, Chairman & Managing Director (DIN: 00129462) to make his office not liable to retire by rotation
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
4.04 L votes for, 36 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 20 named members
owning 62.1% between them · as of 2026-06-30
Sonepal Singh Sethi11.16%
Singh Rishipal Sethi8.64%
Amarpal Sethi7.58%
Karanpal Sethi7.13%
Nirmal Sethi7.09%
Sukhpal Singh Sethi6.36%
Inderjeet Sethi6.31%
Davinder Sethi4.99%
Business done with them
FY2026 · 3 of the group
The company paid ₹0 cr to companies in the promoter group last year — about 0.0% of its ₹582 cr revenue and received ₹7 cr back from them.
Amarpal Sethi
Provided services to them · Salary
also owns 7.58% of the company
₹3 cr
company received
Sukhpal Singh Sethi
Provided services to them · Salary
also owns 6.36% of the company
₹2 cr
company received
Karanpal Sethi
Provided services to them · Salary
also owns 7.13% of the company
₹2 cr
company received

The company also transacted with 5 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.