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    Pix Transmissions Limited

    Nagpur-based manufacturer of rubber power-transmission belts for industrial, automotive and agricultural use.

    Capital Goods
    Industrials
    ₹1,640.6
    +6.28% from avg

    Overview

    Price

    ₹1,640.6

    Market Cap

    ₹2.4k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1414141414141414
    Reserves219277332375446542624622
    Borrowings101741187244353024
    Other Liabilities616468829695104105
    Total Liabilities395429531543599686772765
    AssetsFixed Assets219225258273274265266268
    CWIP00012283
    Investments856676129166201
    Other Assets168198268264248290331293
    Total Assets395429531543599686772765

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating45505854101133109150
    Cash from Investing-34-27-16-72-22-85-77-88
    Cash from Financing-10-19-4331-69-46-27-33
    SummaryCapital Expenditure
    Free Cash Flow82236-167810990127
    FCF Margin

    Valuation

    Assumptions

    Current — PIXTRANS
    Price
    ₹1,641
    EPS (TTM)
    ₹67.58
    PE (TTM)
    24.3
    Profit growth
    13.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (21.3×) and current (24.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,641
    vs
    Fair value · 15% return
    ₹1,169
    29%Overvalued

    At 13.5% growth and a 21× exit, ₹1641 only delivers your return if you pay ₹1,169. The price is currently baking in 21% growth.

    EPS grows 13.5%/yr for 5 years, then fades to 6% over 2, exits at 21×.

    YearGrowthEPS (₹)
    FY2713.5%76.70
    FY2813.5%87.06
    FY2913.5%98.81
    FY3013.5%112.15
    FY3113.5%127.29
    FY329.8% ·fade139.70
    FY336.0% ·fade148.08

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Pix Transmissions Limited

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