Pix Transmissions Ltd.

BSE: PIXTRANS500333ISIN INE751B01018

Industrials
Rubber
BSE 1000

Share price

₹1,734.50+85.30 (+5.17%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹2,090.15
52W low: ₹1,255.60
Off 52W high: -17.02%
1M return: -5.76%
3M return: +1.36%
6M return: +12.93%
1Y return: +19.21%
20D avg volume: 6,273
50 DMA: ₹1,753.73
200 DMA: ₹1,616.74

Key ratios Consolidated

Market cap: ₹2,363 Cr
Current price: ₹1,734.50
52W high / low: ₹2,090.15 / ₹1,255.60
Face value: ₹10.00
P/E: 17.93
P/B: 3.39
EPS (TTM): ₹96.71
Book value / share: ₹511.36
ROE: —
ROCE: 19.60%
Operating margin: —
Net margin: —
Debt / equity: 0.03
Net debt: ₹-76.69 Cr
Interest cover: 48.25
Dividend yield: 0.52%
Dividend / share (TTM): ₹9.00
Payout: 9.31%
Cash conversion cycle: 132.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	149.25	170.77	151.22	138.79	121.54	161.92	139.52	159.06	128.95	128.95	127.93	124.37
	27.42	6.25	9.04	4.79	14.20	4.43	4.76	10.79	9.59	6.64	5.23	3.62
	176.67	177.02	160.26	143.58	135.74	166.35	144.28	169.85	138.54	135.59	133.16	127.99
	110.03	146.46	114.37	111.14	100.53	135.71	112.86	115.56	102.38	104.76	102.76	100.05
	47.37	44.98	43.49	43.41	38.10	57.41	48.28	44.98	45.81	47.45	42.78	39.17
	5.40	6.69	4.86	5.43	5.04	5.92	5.28	6.12	5.48	5.40	4.76	3.91
	26.63	26.03	26.05	24.02	25.22	26.39	21.65	21.05	22.34	22.06	19.72	20.09
	0.61	0.97	0.65	0.72	0.71	0.91	0.82	0.92	0.95	0.93	1.11	1.27
	5.83	5.55	6.00	5.99	5.86	5.42	6.09	6.06	6.00	5.61	5.85	5.75
	29.88	53.41	28.57	31.84	26.70	39.75	34.48	—	—	—	—	24.86
	66.64	30.56	45.89	32.44	35.21	30.64	31.43	54.29	36.16	30.83	30.40	27.94
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	66.64	30.56	45.89	32.44	35.21	30.64	31.43	54.29	36.16	30.83	30.40	27.94
	13.89	10.34	10.63	8.90	7.35	7.99	9.18	13.76	8.72	6.40	8.37	7.25
	52.75	20.22	35.26	23.54	27.86	22.65	22.25	40.53	27.45	24.43	22.03	20.69
	38.71	14.84	25.88	17.28	20.45	16.62	16.33	29.75	20.15	17.93	16.17	15.19
Key metrics
	73.08	37.08	52.54	39.15	41.78	36.97	38.34	61.27	43.11	37.37	37.36	34.96
	49.00%	21.70%	34.70%	28.20%	34.40%	22.80%	27.50%	38.50%	33.40%	29.00%	29.20%	28.10%
	35.30%	11.80%	23.30%	17.00%	22.90%	14.00%	15.90%	25.50%	21.30%	18.90%	17.20%	16.60%
	—	4.20%	—	4.70%	—	4.80%	—	—	—	—	—	—
	22.80%	5.50%	8.40%	-12.70%	-5.70%	25.60%	9.10%	27.90%	—	—	—	—
	89.30%	-10.70%	58.50%	-41.90%	1.50%	-7.30%	1.00%	95.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	610.03	582.32	589.45	493.06	486.27	449.26
	47.50	17.46	17.60	18.69	13.53	8.17
	657.53	599.77	607.04	511.76	499.80	457.43
	482.00	455.68	454.53	401.05	413.29	362.85
	179.25	170.00	196.49	170.43	174.41	174.10
	22.38	22.02	22.81	17.30	16.18	11.88
	102.73	101.31	91.42	82.37	93.95	86.19
	2.95	3.05	3.61	4.77	7.50	7.01
	23.37	23.39	23.57	22.96	23.35	20.75
	143.70	123.70	123.65	—	89.71	—
	175.53	144.10	152.52	110.70	86.51	94.58
	0.00	0.00	0.00	0.00	0.00	0.00
	175.53	144.10	152.52	110.70	86.51	94.58
	43.76	37.21	39.64	27.72	21.69	25.74
	131.77	106.89	112.88	82.99	64.82	68.84
	96.71	78.45	82.84	60.91	47.57	50.53
Key metrics
	201.85	170.54	179.70	138.43	117.36	122.34
	33.09%	29.30%	30.50%	28.10%	24.10%	27.20%
	21.60%	18.40%	19.20%	16.80%	13.30%	15.30%
	—	19.60%	23.60%	—	—	—
	4.81%	-1.20%	19.50%	1.40%	8.20%	—
	16.31%	-5.30%	36.00%	28.00%	-5.80%	—
	—	145.95	87.15	—	—	—
	—	1.60	0.96	—	—	—
	—	0.03	0.06	—	—	—
	—	-76.69	-16.60	—	—	—
	—	132.2	132.6	—	—	—
Balance sheet
	—	829.88	730.48	—	—	—
	—	552.51	451.87	—	—	—
	—	100.92	51.98	—	—	—
	—	135.07	121.61	—	—	—
	—	101.96	119.77	—	—	—
	—	6.02	9.80	—	—	—
	—	266.70	263.35	—	—	—
	—	26.12	27.25	—	—	—
	—	80.53	68.47	—	—	—
	—	24.23	35.38	—	—	—
	—	6.15	11.84	—	—	—
	—	18.08	23.54	—	—	—
	—	696.68	596.10	—	—	—
Cash flow
	—	171.08	108.04	—	—	—
	—	-89.46	-77.50	—	—	—
	—	-32.68	-27.08	—	—	—
	—	25.13	20.89	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	134.53	155.13	138.58	125.81	110.64	149.07	133.67	150.17	119.15	117.95	119.86	114.69
	27.31	7.20	9.02	4.84	14.19	4.66	4.77	10.83	9.46	6.58	5.30	3.68
	161.84	162.32	147.61	130.65	124.83	153.74	138.44	161.00	128.61	124.54	125.16	118.37
	101.03	136.61	106.36	103.91	93.86	127.30	107.33	110.77	94.75	94.65	96.45	92.20
	47.37	44.98	43.49	43.41	38.10	57.41	48.28	44.98	45.81	47.45	42.78	39.17
	4.17	5.52	3.73	4.16	3.85	4.36	3.18	5.22	4.01	4.11	3.91	3.30
	22.09	21.59	21.82	19.85	20.89	22.85	18.17	17.77	19.43	19.06	16.75	16.85
	0.61	0.97	0.65	0.72	0.71	0.91	0.82	0.92	0.95	0.93	1.11	1.27
	5.74	5.37	5.87	5.86	5.74	5.28	5.97	5.94	5.88	5.50	5.71	5.62
	27.18	50.65	26.09	29.70	24.15	37.00	—	—	—	—	—	—
	60.82	25.72	41.25	26.75	30.97	26.43	31.11	50.24	33.85	29.89	28.71	26.17
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	60.82	25.72	41.25	26.75	30.97	26.43	31.11	50.24	33.85	29.89	28.71	26.17
	12.53	8.73	9.61	7.70	6.56	7.12	8.51	12.56	8.08	5.92	7.41	6.66
	48.29	16.99	31.64	19.04	24.41	19.32	22.60	37.68	25.77	23.97	21.30	19.51
	35.44	12.47	23.22	13.97	17.92	14.18	16.59	27.65	18.92	17.59	15.64	14.32
Key metrics
	67.17	32.06	47.77	33.33	37.42	32.62	37.90	57.10	40.68	36.32	35.53	33.06
	49.90%	20.70%	34.50%	26.50%	33.80%	21.90%	28.40%	38.00%	34.10%	30.80%	29.60%	28.80%
	35.90%	11.00%	22.80%	15.10%	22.10%	13.00%	16.90%	25.10%	21.60%	20.30%	17.80%	17.00%
	—	3.90%	—	4.20%	—	4.40%	—	—	—	—	—	—
	21.60%	4.10%	3.70%	-16.20%	-7.10%	26.40%	11.50%	30.90%	—	—	—	—
	97.80%	-12.10%	40.00%	-49.50%	-5.30%	-19.40%	6.10%	93.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	554.05	530.16	552.07	454.79	450.14	416.85
	48.37	18.43	17.74	18.75	13.77	8.17
	602.42	548.59	569.82	473.54	463.92	425.02
	447.91	423.91	428.18	369.11	389.87	340.80
	179.25	170.00	196.49	170.43	174.40	174.10
	17.58	17.25	16.76	13.72	12.24	7.63
	85.35	84.16	78.23	70.48	83.22	76.68
	2.95	3.05	3.61	4.77	7.50	6.91
	22.84	22.84	23.06	22.49	23.05	20.45
	133.62	113.76	112.83	—	—	—
	154.54	124.68	141.63	104.42	74.05	84.22
	0.00	0.00	0.00	—	—	—
	154.54	124.68	141.63	104.42	74.05	84.22
	38.57	32.59	36.27	25.21	18.66	22.20
	115.96	92.08	105.37	79.21	55.39	62.02
	85.10	67.58	77.33	58.13	40.65	45.52
Key metrics
	180.33	150.57	168.30	131.68	104.60	111.58
	32.55%	28.40%	30.50%	29.00%	23.20%	26.80%
	20.93%	17.40%	19.10%	17.40%	12.30%	14.90%
	—	18.50%	23.40%	—	—	—
	1.93%	-4.00%	21.40%	1.00%	8.00%	—
	11.49%	-12.60%	33.00%	43.00%	-10.70%	—
	—	125.14	88.38	—	—	—
	—	1.63	1.04	—	—	—
	—	0.04	0.06	—	—	—
	—	-43.53	-3.36	—	—	—
	—	125.4	123.3	—	—	—
Balance sheet
	—	764.75	685.89	—	—	—
	—	487.40	407.63	—	—	—
	—	67.76	38.74	—	—	—
	—	123.43	110.24	—	—	—
	—	83.26	101.72	—	—	—
	—	5.08	9.16	—	—	—
	—	265.63	261.95	—	—	—
	—	24.60	25.51	—	—	—
	—	76.16	64.84	—	—	—
	—	24.23	35.38	—	—	—
	—	6.15	11.84	—	—	—
	—	18.08	23.54	—	—	—
	—	636.01	555.14	—	—	—
Cash flow
	—	150.06	109.17	—	—	—
	—	-88.35	-76.80	—	—	—
	—	-32.68	-27.08	—	—	—
	—	24.92	20.79	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +5.61%
Sales CAGR 5Y: —
Profit CAGR 3Y: +18.46%
Profit CAGR 5Y: —
Sales YoY (TTM): +1.93%
Profit YoY (TTM): +11.49%

Consolidated

Sales CAGR 3Y: +6.19%
Sales CAGR 5Y: —
Profit CAGR 3Y: +18.14%
Profit CAGR 5Y: —
Sales YoY (TTM): +4.81%
Profit YoY (TTM): +16.31%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 62.07%

Quarter	September 2026	June 2026
Promoter %	62.07%	62.07%

Holder	Type	Holding	Previous	Change
Sonepal Singh Sethi	Promoter	11.16%	11.16%	0.00%
Singh Rishipal Sethi	Promoter	8.64%	8.64%	0.00%
Amarpal Sethi	Promoter	7.58%	7.58%	0.00%
Karanpal Sethi	Promoter	7.13%	7.13%	0.00%
Nirmal Sethi	Promoter	7.09%	7.09%	0.00%
Sukhpal Singh Sethi	Promoter	6.36%	6.36%	0.00%
Inderjeet Sethi	Promoter	6.31%	6.31%	0.00%
Davinder Sethi	Promoter	4.99%	4.99%	0.00%
IEPF	Public	3.43%	3.46%	-0.03%
Kamalpreet Sethi	Promoter	1.68%	1.68%	0.00%
SHIRLEY PAUL	Public	1.40%	1.40%	0.00%
New Mark Capital AIF LLP	Public	1.16%	1.13%	+0.03%
Saba Sethi	Promoter	0.69%	0.69%	0.00%
Pooja Pardasani	Promoter Group	0.23%	0.23%	0.00%
Amit Sethi	Promoter	0.21%	0.21%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Apcotex Industries Limited S	2,533	488.60	14.84	21.20%	+23.74% TTM	+134.66% TTM	+37.69%
Pix Transmissions Ltd.	2,363	1,734.50	17.93	19.60%	+4.81% TTM	+16.31% TTM	+19.21%
Tinna Rubber and Infrastructure Limited	1,497	831.00	22.36	23.10%	+21.39% TTM	+54.44% TTM	-12.42%
GRP Limited	1,051	1,970.00	104.14	8.10%	+10.88% TTM	-63.36% TTM	-5.01%
Harrisons Malayalam Ltd.	301	163.35	11.12	14.50%	+2.78% TTM	+2.42% TTM	-17.48%
Rubfila International Ltd.	301	55.53	11.71	10.90%	+4.59% TTM	-11.31% TTM	-29.68%
AMEENJI RUBBER LIMITED	266	236.10	—	18.80%	—	—	+60.50%
HORIZON RECLAIM (INDIA) LIMITED	228	116.70	—	—	—	—	—
Sampann Utpadan India Limited	115	23.61	17.23	8.40%	+44.27% TTM	-4.63% TTM	-41.83%
Rishiroop Limited S	115	125.25	10.71	6.20%	+6.68% TTM	-3.86% TTM	+2.66%
Defrail Technologies Limited	49	69.99	—	21.30%	—	—	—

Filings & corporate actions

Recent announcements

Pix Transmissions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve the unaudited financial results ....30 Oct 2026 · Board Meeting / Board Meeting
Enclosed the intimation of sad demise of Dr. Abhilasha Hattangdi, Independent Director of the Company. The cessation to be taken on effect from October 28, 2026.28 Oct 2026 · Company Update / Demise
Enclosed the newspaper advertisement issued to draw shareholder''s attention towards transfer of equity shares to IEPF pursuant to the provisions of Companies Act, 2013 read with applicable ....10 Oct 2026 · Company Update / Newspaper Publication
Enclosed the compliance certificate received under regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Enclosed the closure intimation of trading window for the purpose of approval of unaudited financial results for the quarter and half year ended September 30, 2026.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed the copy of newspaper publication of unaudited financial results of the Company for the quarter ended June 30, 2026, published in Indian Express (English) and Loksatta (Marathi).10 Aug 2026 · Company Update / Newspaper Publication
Enclosed the unaudited financial results of the Company for the quarter ended June 30, 2026.7 Aug 2026 · Result / Financial Results
Pursuant to regulation 30 of SEBI Listing Regulations, 2015, enclosed an outcome of Board meeting dated August 07, 2026, held to consider and approve the unaudited financial results of ....7 Aug 2026 · Board Meeting / Outcome of Board Meeting
Pix Transmissions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve the unaudited financial results ....31 Jul 2026 · Board Meeting / Board Meeting
Enclosed scrutinizer''s report on the voting results of 44th AGM of Company held on July 22, 2026.24 Jul 2026 · AGM/EGM / AGM
Enclosed the summary of proceedings of 44th AGM as per Regulation 30 of SEBI Listing Regulations, 2015.22 Jul 2026 · AGM/EGM / AGM
Enclosed certificate received from the RTA under regulation 74(5) of the SEBI (DP) Regulations, 2018, for the quarter ended June 30, 2026.7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Enclosed the clippings of newspaper notice intimating the details of 44th AGM, remote e-voting, book closure and cut-off date.1 Jul 2026 · Company Update / Newspaper Publication
Enclosed BRSR for the FY 2025-2630 Jun 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Enclosed the intimation of Record date for the purpose of dividend, if declared at AGM.30 Jun 2026 · Corp. Action / Record Date
Enclosed the intimation of book closure period for the activities related to 44th AGM of the Company.30 Jun 2026 · Corp. Action / Book Closure
Enclosed the 44th Annual Report of PIX Transmissions Ltd., for the FY 2025-2630 Jun 2026 · Others / Reg. 34 (1) Annual Report
Enclosed the intimation of Annual General Meeting, Book closure, Record date & Cut-off date30 Jun 2026 · AGM/EGM / AGM
Enclosed the intimation of closure of trading window for the quarter ended June 30, 202625 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed the Secretarial Compliance Report for the FY 2025-2626 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Enclosed copy of newspaper publication of Audited Financial Results for the quarter and year ended 31st March 2026.25 May 2026 · Company Update / Newspaper Publication
Enclosed the intimation.22 May 2026 · Corp. Action / Dividend
Enclosed the audited financial results for the quarter and year ended March 31, 202622 May 2026 · Result / Financial Results
Enclosed the outcome of Board meeting dated May 22, 2026 held to consider and approve the audited financial results for the quarter and year ended March 31, 2026 and to recommend the final ....22 May 2026 · Board Meeting / Outcome of Board Meeting
Enclosed the intimation of Board meeting to be held on May 22, 2026 to consider and recommend the final dividend for FY ended March 31, 2026, if any.15 May 2026 · Corp. Action / Dividend
Pix Transmissions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2026 ,inter alia, to consider and approve the audited standalone & ....15 May 2026 · Board Meeting / Board Meeting
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''> <tr> <td>Sr. No.</td> <td>Particulars</td> ....12 May 2026 · Others / Format of the Annual Disclosure to be made by an entity identified as a LC : Annexure B2
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....27 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Enclosed the certificate of Registrar to an Issue and share transfer agent received under Regulation 74(5) of SEBI (DP) Regulations, 2018, for the quarter ended March 31, 2026.7 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Enclosed the summary of voting results on Postal Ballot passed through remote e-voting.1 Apr 2026 · AGM/EGM / Postal Ballot
Enclosed the scrutinizer''s report along with voting results on the Postal Ballot passed through remote e-voting.1 Apr 2026 · AGM/EGM / Postal Ballot
Enclosed the intimation of trading window closure.30 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed an intimation of credit rating issued by the Care Ratings Ltd.5 Mar 2026 · Company Update / Credit Rating
Enclosed the newspaper advertisement published for the postal ballot notice and e-voting information.26 Feb 2026 · Company Update / Newspaper Publication
Enclosed the Notice of Postal Ballot dated February 13, 2026, seeking the shareholder''s approval on the special business incorporated therein.25 Feb 2026 · AGM/EGM / Postal Ballot
Enclosed the newspaper notice issued regarding special window for transfer and dematerialization of physical securities.21 Feb 2026 · Company Update / Newspaper Publication
Enclosed the newspaper publication of unaudited financial results for the quarter and nine months ended December 31, 2025.16 Feb 2026 · Company Update / Newspaper Publication
Enclosed the disclosure w.r.t. Re-appointment of Jt. Managing Director and Whole Time Director of the Company.13 Feb 2026 · Company Update / Change in Management
Enclosed the unaudited standalone & consolidated financial results for the quarter and nine months ended December 31, 2025 as per Regulation 33 of the SEBI Listing Regulations, 2015.13 Feb 2026 · Result / Financial Results
Enclosed the outcome of Board meeting dated February 13, 202613 Feb 2026 · Board Meeting / Outcome of Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 9.0000	14 Jul 2026	14 Jul 2026	—
Final Dividend - Rs. - 9.0000	18 Jul 2025	18 Jul 2025	—
Final Dividend - Rs. - 7.0000	16 Jul 2024	16 Jul 2024	—

Board meetings

6 Nov 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results