Pix Transmissions (PIXTRANS)₹1,722−1.17%Rubber
In the Jun 2026 quarter (consolidated), Pix Transmissions reported sales of ₹149 Cr, up 22.0% from Jun 2025, and net profit of ₹53.05 Cr, up 89.5% year on year. For the year to Mar 2026, sales were ₹583 Cr and net profit ₹107 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 124 | 128 | 129 | 130 | 160 | 140 | 163 | 122 | 139 | 151 | 171 | 149 |
| Expenses | 92.78 | 95.77 | 97.72 | 94.73 | 109 | 106 | 129 | 93.68 | 104 | 108 | 140 | 104 |
| Operating Profit | 31.01 | 31.99 | 31.01 | 33.99 | 51.97 | 34.02 | 33.01 | 28.01 | 33.98 | 43.99 | 31.02 | 45.98 |
| OPM % | 25.0% | 25.0% | 24.0% | 27.0% | 32.0% | 24.0% | 21.0% | 23.0% | 25.0% | 29.0% | 18.0% | 31.0% |
| Other Income | 4.01 | 5.01 | 6.99 | 9.01 | 9.01 | 4.01 | 4.01 | 14.01 | 5.01 | 9.01 | 6.01 | 26.99 |
| Interest | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Depreciation | 6.02 | 6.02 | 6.01 | 6.01 | 6.01 | 6.01 | 5.01 | 6.01 | 6.02 | 6.01 | 6.02 | 6.01 |
| Profit before tax | 27.95 | 29.94 | 30.94 | 35.95 | 53.92 | 30.96 | 30.97 | 34.95 | 31.95 | 45.90 | 30.96 | 66.85 |
| Tax % | 26.1% | 28.1% | 21.1% | 24.1% | 25.1% | 29.1% | 26.1% | 21.1% | 27.1% | 23.1% | 34.1% | 21.1% |
| Net Profit | 21.02 | 22.01 | 24.02 | 27.03 | 41.04 | 22.03 | 23.01 | 27.99 | 23.99 | 35.02 | 19.99 | 53.05 |
| EPS (Rs) | 15.18 | 16.16 | 17.90 | 20.13 | 29.70 | 16.32 | 16.61 | 20.43 | 17.25 | 25.84 | 14.83 | 38.68 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 225 | 239 | 253 | 296 | 305 | 381 | 450 | 487 | 494 | 594 | 583 | 611 |
| Expenses | 185 | 191 | 194 | 235 | 242 | 267 | 333 | 381 | 372 | 424 | 427 | 455 |
| Operating Profit | 38.02 | 48.02 | 58.03 | 59.04 | 60.97 | 113 | 115 | 105 | 120 | 167 | 154 | 155 |
| OPM % | 17.0% | 20.0% | 23.0% | 20.0% | 20.0% | 30.0% | 26.0% | 22.0% | 24.0% | 28.0% | 26.0% | 25.4% |
| Other Income | 3.01 | 6.01 | 5.01 | 7.01 | 7.01 | 4.01 | 8.01 | 13.01 | 18.99 | 13.01 | 17.01 | 47.02 |
| Interest | 18.96 | 15.97 | 13.97 | 11.97 | 11.98 | 8.98 | 7.98 | 7.99 | 5.99 | 3.99 | 3.99 | 3.96 |
| Depreciation | 13.04 | 13.02 | 15.03 | 16.03 | 19.06 | 20.06 | 21.07 | 23.06 | 23.05 | 24.06 | 23.07 | 24.06 |
| Profit before tax | 9.98 | 23.97 | 33.93 | 37.91 | 36.95 | 86.80 | 94.78 | 86.90 | 111 | 153 | 144 | 176 |
| Tax % | 33.1% | 34.1% | 33.1% | 25.1% | 19.1% | 26.1% | 27.1% | 25.1% | 25.1% | 26.1% | 26.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | −0.99 | −0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | — |
| Net Profit | 7.01 | 15.99 | 23.02 | 29.03 | 30.04 | 64.99 | 69.04 | 65.04 | 83.08 | 113 | 107 | 132 |
| EPS (Rs) | 4.79 | 11.92 | 16.54 | 20.95 | 22.17 | 47.58 | 50.48 | 47.50 | 60.79 | 82.80 | 78.39 | 96.60 |
| Dividend payout % | 31.0% | 17.0% | 15.0% | 13.0% | 9.0% | 10.1% | 12.0% | 13.0% | 11.0% | 11.0% | 11.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14.05 | 14.04 | 14.05 | 14.05 | 14.05 | 14.04 | 14.06 | 14.05 | 14.05 | 14.06 | 14.06 | 14.06 |
| Reserves | 136 | 138 | 157 | 175 | 200 | 223 | 286 | 351 | 405 | 479 | 583 | 684 |
| Borrowings | 134 | 125 | 128 | 105 | 113 | 101 | 74.27 | 118 | 72.25 | 44.14 | 35.12 | 24.08 |
| Other Liabilities | 45.22 | 53.26 | 56.27 | 59.29 | 57.28 | 63.31 | 66.31 | 72.35 | 88.43 | 100 | 99.48 | 110 |
| Total Liabilities | 329 | 331 | 356 | 354 | 386 | 401 | 441 | 556 | 580 | 638 | 731 | 832 |
| Fixed Assets | 167 | 173 | 174 | 187 | 199 | 219 | 226 | 259 | 273 | 276 | 267 | 269 |
| CWIP | 0.00 | 5.99 | 4.99 | 0.00 | 9.98 | 0.00 | 0.00 | 0.00 | 0.99 | 1.99 | 1.99 | 2.99 |
| Investments | 13.01 | 14.02 | 23.01 | 11.02 | 8.01 | 7.01 | 4.01 | 5.01 | 5.01 | 75.06 | 128 | 200 |
| Other Assets | 149 | 137 | 154 | 155 | 169 | 175 | 210 | 292 | 300 | 285 | 335 | 359 |
| Inventories | 56.01 | 43.96 | 46.99 | 63.96 | 69.93 | 73.02 | 96.93 | 125 | 105 | 98.04 | 120 | 102 |
| Trade receivables | 49.06 | 53.07 | 61.11 | 65.09 | 68.09 | 68.03 | 82.09 | 95.05 | 105 | 110 | 122 | 135 |
| Cash & equivalents | 15.97 | 23.94 | 16.95 | 9.98 | 12.97 | 17.97 | 14.97 | 31.94 | 51.89 | 55.91 | 68.87 | 108 |
| Total Assets | 329 | 331 | 356 | 354 | 386 | 401 | 441 | 556 | 580 | 638 | 731 | 832 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 31.97 | 63.87 | 26.98 | 30.94 | 46.93 | 51.96 | 57.90 | 54.92 | 112 | 137 | 108 | 171 |
| Cash from investing activity | −29.08 | −26.08 | −15.03 | −14.03 | −34.07 | −28.08 | −16.04 | −72.11 | −22.06 | −88.21 | −78.23 | −89.22 |
| Cash from financing activity | −5.98 | −29.92 | −12.96 | −24.93 | −9.97 | −18.95 | −42.89 | 30.93 | −68.87 | −45.88 | −26.94 | −32.92 |
| Net cash flow | −4.01 | 8.01 | −1.01 | −7.01 | 3.01 | 5.01 | −2.01 | 13.99 | 21.02 | 3.01 | 3.01 | 48.99 |
| Capex | 38.12 | 26.07 | 0.00 | 24.08 | 38.13 | 31.11 | 25.09 | 71.27 | 25.07 | 27.10 | 21.06 | 25.08 |
| Free cash flow | 0.99 | 38.82 | 28.90 | 7.96 | 8.96 | 21.93 | 35.86 | −14.94 | 87.63 | 111 | 88.60 | 148 |
| CFO / OP % | 86.1% | 168.1% | 68.1% | 71.1% | 102.1% | 101.1% | 72.0% | 68.1% | 129.1% | 135.0% | 89.1% | 134.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 85 | 87 | 94 | 95 | 85 | 82 | 79 | 79 | 80 | 82 | 76 | 86 |
| Inventory days | 283 | 179 | 247 | 285 | 239 | 256 | 263 | 265 | 208 | 197 | 215 | 190 |
| Days payable | 72 | 85 | 111 | 92 | 65 | 75 | 81 | 58 | 47 | 62 | 49 | 48 |
| Cash conversion cycle | 294 | 179 | 228 | 285 | 257 | 260 | 259 | 284 | 240 | 215 | 240 | 225 |
| Working capital days | 19 | −9 | 9 | 50 | 55 | 55 | 102 | 107 | 118 | 111 | 114 | 102 |
| ROCE % | 10.0% | 10.1% | 14.0% | 16.1% | 16.1% | 15.0% | 27.1% | 24.1% | 19.1% | 23.0% | 27.1% | 22.0% |
For the Jun 2026 quarter, Pix Transmissions reported sales of ₹149 Cr, up 22.0% year on year and net profit of ₹53.05 Cr, up 89.5% year on year. The operating margin was 31.0%.
Pix Transmissions' sales for the year to Mar 2026 were ₹583 Cr; over the last twelve months they were ₹611 Cr.
Net profit for the year to Mar 2026 was ₹107 Cr, and ₹132 Cr over the last twelve months. Earnings per share over the same trailing period were ₹96.60.
Pix Transmissions reported borrowings of ₹24.08 Cr at Mar 2026, against cash and equivalents of ₹108 Cr.
Cash from operations was ₹171 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹148 Cr.