Pix Transmissions share price, P/E, ROE & financials

Pix Transmissions (PIXTRANS) had a P/E of 17.6× on 6 Nov 2026, below the industry P/E of 33.8×, and the shares are 19% below their 52-week high. Sales and net profit grew 6.0% and 18% a year over 3 years, with ROCE of 20% and ROE of 17%. It carries very little debt, and its dividend yield is 0.5%. It is a small-cap company with a market cap of ₹2,317 Cr, ranked 48th of 138 Specialty Industrial Machinery companies by market cap; the shares rose 19% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹1,719.20
Day high: ₹1,775.30
Day low: ₹1,687.00
Prev. close: ₹1,733.70
Volume: 12.4K

Health check

2 good · 4 fair

ReturnsIn line
+18.5% over a year, better than 4 of 7 peers.
Price tagCheaper
P/E 17.6 vs industry 33.8.
GrowthSteady
Sales +6.0%, profit +18.1% a year over 3 years.
ProfitabilityAverage
ROCE 19.6% vs peer median 24.8%.
Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹2,317 Cr, #48 of 138 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹611 Cr · profit ₹132 Cr

Market cap: ₹2,317 Cr; Small cap
P/E: 17.6; Industry 33.8
Price to book: 3.33; Peers 9.16
Dividend yield: 0.53%
ROE: 16.5%; Peers 19.1%
ROCE: 19.6%; Peers 24.8%
Debt to equity: 0.03; Debt ₹24 Cr
EPS (TTM): ₹96.71; Face value ₹10
OPM (TTM): 25.3%; Net margin 21.6%
Sales growth: +22.8%; Latest quarter vs a year ago
Profit growth: +89.3%; Latest quarter vs a year ago
Price to sales: 3.79; EV/EBITDA 11.9

Strengths

Practically debt-free.
Quarterly profit up 89.3% on a year ago.
Quarterly sales up 22.8% on a year ago.
Net margin of 21.6%.
P/E of 17.6 against an industry P/E of 33.8.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Pix Transmissions

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…

Headquarters: Mumbai
Employees: 913
Sector: Industrials
ISIN: INE751B01018
Website: pixtrans.com

Price range

52 weeks

₹1,252.00₹2,089.00

Today

₹1,687.00₹1,775.30

Avg volume (3M): 94.5K
1-year return: plus 18.5%
From 52-week high: minus 18.6%

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
BHELBharat Heavy Electricals	418.80	plus 0.17%	1,45,829	50.6	74.6	6.6%	10.1%	0.22	13.5%	plus 56.4%
ABBABB India	6,774.00	plus 2.20%	1,43,547	92.3	68.2	28.5%	13.8%	0.02	15.4%	plus 26.4%
SIEMENSSiemens	3,560.00	plus 3.73%	1,26,779	86.1	59.3	16.5%	10.4%	0.02	3.0%	plus 10.0%
CUMMINSINDCummins India	4,048.80	minus 0.25%	1,12,233	49.8	41.7	35.0%	19.1%	0.00	16.1%	minus 6.0%
GVT&DGE Vernova T&D India	4,018.00	minus 3.06%	1,02,879	71.3	56.6	58.5%	26.5%	0.01	31.1%	plus 31.7%
SUZLONSuzlon Energy	38.80	plus 0.54%	53,337	23.7	17.3	24.8%	16.7%	0.07	41.4%	minus 35.7%
AIAENGAIA Engineering	3,113.60	minus 2.77%	29,056	23.5	19.6	19.9%	27.4%	0.00	−3.4%	minus 3.9%
PIXTRANSPix Transmissions	1,700.30	minus 1.93%	2,317	17.6	12.4	19.6%	26.7%	0.03	6.0%	plus 18.5%
Median of 7 peers	–	0.17%	1,12,233	50.6	56.6	24.8%	16.7%	0.02	15.4%	10.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
122	139	151	171	149
94	104	108	140	104
27.6	34.4	43.5	30.8	45.7
22.7%	24.8%	28.8%	18.1%	30.6%
14.2	4.8	9	6.2	2.1
0.7	0.7	0.6	1	0.6
5.9	6	6	5.5	5.8
–	–	–	–	25.3
35.2	32.4	45.9	30.6	66.6
20.9%	27.4%	23.2%	33.8%	20.8%
27.9	23.5	35.3	20.2	52.7
20.45	17.28	25.88	14.84	38.71

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +6.0%
Profit CAGR 3Y: +18.1%
EPS CAGR 3Y: +18.1%
ROE: 16.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
481	490	582	573
–	+1.7%	+18.8%	minus 1.4%
376	366	413	410
106	123	169	164
22.0%	25.2%	29.0%	28.6%
7	7.7	7.5	15.2
7.2	4.5	3.3	2.9
23.3	23	23.6	23.4
4.3	7.1	3.1	−8.6
86.5	111	153	144
25.1%	25.0%	26.0%	25.8%
64.8	83	113	107
–	+28.0%	+36.0%	minus 5.3%
47.57	60.91	82.84	78.45

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
13.6	13.6	13.6	13.6
404	479	582	683
72.2	44	35.4	24.2
88.4	100	99	109
579	637	730	830
276	275	271	272
3.1	3.6	6.6	4
1	–	0.8	0.1
55.2	126	196	306
243	232	256	248
579	637	730	830

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
112	137	108	171
−22.3	−87.6	−77.5	−89.5
−68.8	−45.9	−27.1	−32.7
21	3.1	3.5	48.9
−24.7	−26.5	−20.9	−25.2
87.4	110	87.1	146
−8.1	−8.2	−9.5	−12.2

Shareholding pattern

Source: NSE filings

62.1%

promoters

Promoters62.06%
Public37.94%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	62.06%	37.94%	0.00
30 Jun 2026	62.06%	37.94%	0.00
31 Mar 2026	62.06%	37.94%	0.00
31 Dec 2025	62.06%	37.94%	plus 0.24
30 Sep 2025	61.82%	38.18%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you