Pix Transmissions Ltd, established in 1981, is a leading Indian manufacturer renowned for its expertise in mechanical power transmission products. Headquartered in Nagpur, Maharashtra, the company operates a state-of-the-art manufacturing facility equipped with advanced technology and machinery. This enables the production of high-quality V belts, timing belts, poly V belts, pulleys, and other power transmission components catering to diverse industries, including automotive, industrial, agricultural, and gardening sectors. Pix Transmissions has a strong global footprint, with subsidiaries in Europe and the Middle East and an extensive distribution network comprising over 250 dedicated channel partners spanning more than 100 countries. The company’s commitment to innovation and quality is reflected in its ISO 9001:2015 certification and adherence to rigorous quality control standards, earning it a reputation for exceeding customer expectations. Beyond its core offerings, Pix is dedicated to environmental sustainability, employing energy-efficient manufacturing processes, waste reduction, and recycling initiatives to minimize its ecological impact. With its emphasis on excellence and sustainability, Pix Transmissions Ltd continues to be a trusted name in the power transmission industry worldwide.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| Promoters + | 61.82% | 61.82% | 61.82% | 61.82% | 61.82% |
| FIIs + | 0.24% | 0.27% | 0.33% | 0.26% | 0.92% |
| DIIs + | 5.23% | 5.23% | 5.23% | 0.22% | 0.76% |
| Public + | 32.71% | 32.69% | 32.62% | 37.71% | 36.50% |
| No. of Shareholders | 23,635 | 23,598 | 23,340 | 27,770 | 35,739 |
The shareholding pattern of Pix Transmissions Ltd for the period from December 2023 to December 2024 showcases consistency and notable changes in investor categories. The promoters maintained a steady 61.82% stake throughout the year, reflecting their firm control over the company. The Foreign Institutional Investors (FIIs) displayed a gradual increase, starting at 0.24% in December 2023 and peaking at 0.92% by December 2024, indicating growing international interest. Domestic Institutional Investors (DIIs), however, saw fluctuations, maintaining 5.23% until June 2024, then dipping to 0.22% in September before recovering to 0.76% by the year-end. Public shareholding experienced a shift, increasing from 32.62% in June to 37.71% in September, before settling at 36.50% in December 2024. Notably, the number of shareholders rose significantly from 23,635 in December 2023 to 35,739 by December 2024, reflecting heightened retail investor participation in Pix Transmissions Ltd.
Below are the trading platforms that you can use to purchase Pix Transmissions shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| March 2025 | 1,671.77 | 1,285.98 |
| April 2025 | 1,655.22 | 1,273.24 |
| May 2025 | 1,607.01 | 1,236.16 |
| June 2025 | 1,679.32 | 1,291.79 |
| July 2025 | 1,646.39 | 1,266.46 |
| August 2025 | 1,697.31 | 1,305.63 |
| September 2025 | 1,717.68 | 1,321.29 |
| October 2025 | 1,762.34 | 1,355.65 |
| November 2025 | 1,806.40 | 1,389.54 |
| December 2025 | 1,887.69 | 1,452.07 |
As we step into 2025, Pix Transmissions shares are projected to reach a maximum price of ₹1,671.77 and a minimum price of ₹1,285.98 in March. Progressing through the year, the shares are expected to continue showing growth. By December 2025, Pix Transmissions shares are anticipated to attain a peak of ₹1,887.69 and a low of ₹1,452.07.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,944.32 | 1,495.63 |
| February 2026 | 1,895.71 | 1,458.24 |
| March 2026 | 1,933.62 | 1,487.40 |
| April 2026 | 1,973.09 | 1,517.76 |
| May 2026 | 1,953.55 | 1,502.73 |
| June 2026 | 2,002.39 | 1,540.30 |
| July 2026 | 1,963.13 | 1,510.10 |
| August 2026 | 2,023.84 | 1,556.80 |
| September 2026 | 2,064.32 | 1,587.94 |
| October 2026 | 2,117.99 | 1,629.22 |
| November 2026 | 2,170.94 | 1,669.95 |
| December 2026 | 2,225.21 | 1,711.70 |
As we move into 2026, Pix Transmissions shares are expected to exhibit a strong performance. In January 2026, the shares are projected to achieve a maximum price of ₹1,944.32 and a minimum price of ₹1,495.63. As the year progresses, steady growth is anticipated, with Pix Transmissions shares likely reaching a peak of ₹2,225.21 and a low of ₹1,711.70 by December 2026.
| When | Maximum Price | Minimum Price |
| January 2027 | 2,247.47 | 1,728.82 |
| February 2027 | 2,305.09 | 1,773.15 |
| March 2027 | 2,394.99 | 1,842.30 |
| April 2027 | 2,348.03 | 1,806.18 |
| May 2027 | 2,279.64 | 1,753.57 |
| June 2027 | 2,382.23 | 1,832.48 |
| July 2027 | 2,335.52 | 1,796.55 |
| August 2027 | 2,407.75 | 1,852.11 |
| September 2027 | 2,492.02 | 1,916.94 |
| October 2027 | 2,556.81 | 1,966.78 |
| November 2027 | 2,620.73 | 2,015.95 |
| December 2027 | 2,686.25 | 2,066.35 |
| When | Maximum Price | Minimum Price |
| January 2028 | 2,739.98 | 2,107.67 |
| February 2028 | 2,810.23 | 2,161.72 |
| March 2028 | 2,919.83 | 2,246.02 |
| April 2028 | 2,862.58 | 2,201.98 |
| May 2028 | 2,779.20 | 2,137.85 |
| June 2028 | 2,904.27 | 2,234.05 |
| July 2028 | 2,847.32 | 2,190.25 |
| August 2028 | 2,935.38 | 2,257.99 |
| September 2028 | 3,038.12 | 2,337.02 |
| October 2028 | 3,117.11 | 2,397.78 |
| November 2028 | 3,195.04 | 2,457.72 |
| December 2028 | 3,274.92 | 2,519.17 |
| When | Maximum Price | Minimum Price |
| January 2029 | 3,340.41 | 2,569.55 |
| February 2029 | 3,426.07 | 2,635.44 |
| March 2029 | 3,559.68 | 2,738.22 |
| April 2029 | 3,489.88 | 2,684.53 |
| May 2029 | 3,388.24 | 2,606.34 |
| June 2029 | 3,540.71 | 2,723.62 |
| July 2029 | 3,471.28 | 2,670.22 |
| August 2029 | 3,578.64 | 2,752.80 |
| September 2029 | 3,703.89 | 2,849.15 |
| October 2029 | 3,800.20 | 2,923.23 |
| November 2029 | 3,895.20 | 2,996.31 |
| December 2029 | 3,992.58 | 3,071.22 |
| When | Maximum Price | Minimum Price |
| January 2030 | 4,072.43 | 3,132.64 |
| February 2030 | 4,176.85 | 3,212.96 |
| March 2030 | 4,339.75 | 3,338.27 |
| April 2030 | 4,254.66 | 3,272.81 |
| May 2030 | 4,130.74 | 3,177.49 |
| June 2030 | 4,316.62 | 3,320.48 |
| July 2030 | 4,231.98 | 3,255.37 |
| August 2030 | 4,362.86 | 3,356.05 |
| September 2030 | 4,515.57 | 3,473.51 |
| October 2030 | 4,632.97 | 3,563.82 |
| November 2030 | 4,748.79 | 3,652.92 |
| December 2030 | 4,867.51 | 3,744.24 |
As we progress into 2030, Pix Transmissions shares are anticipated to demonstrate remarkable growth. In January 2030, the shares are expected to achieve a maximum price of ₹4,072.43 and a minimum price of ₹3,132.64. Moving steadily throughout the year, the shares are projected to reach their peak for the year at a maximum of ₹4,867.51 and a minimum of ₹3,744.24 by December 2030. This sustained upward trajectory highlights the promising prospects for Pix Transmissions in the coming year.
Financial Condition of Pix Transmission
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 304 | 380 | 449 | 486 | 493 | 556 |
| Expenses + | 243 | 268 | 334 | 382 | 373 | 408 |
| Operating Profit | 61 | 113 | 115 | 105 | 120 | 148 |
| OPM % | 20% | 30% | 26% | 22% | 24% | 27% |
| Other Income + | 7 | 4 | 8 | 13 | 19 | 32 |
| Interest | 12 | 9 | 8 | 8 | 6 | 4 |
| Depreciation | 19 | 20 | 21 | 23 | 23 | 24 |
| Profit before tax | 37 | 87 | 95 | 87 | 111 | 153 |
| Tax % | 19% | 26% | 27% | 25% | 25% | |
| Net Profit + | 30 | 65 | 69 | 65 | 83 | 115 |
| EPS in Rs | 22.19 | 47.63 | 50.52 | 47.57 | 60.91 | 84.16 |
| Dividend Payout % | 9% | 10% | 12% | 13% | 11% |
Pix Transmissions has demonstrated consistent financial growth over the years, showcasing its resilience and strong market presence. The company’s sales revenue has grown steadily, increasing from ₹304 crore in March 2020 to ₹493 crore in March 2024, with a further rise to ₹556 crore in the trailing twelve months (TTM). This growth reflects Pix Transmissions’ ability to capture and expand its market share.
Operating profit has also seen consistent improvement, growing from ₹61 crore in March 2020 to ₹120 crore in March 2024, with the TTM figure reaching ₹148 crore. The Operating Profit Margin (OPM%) has remained robust, peaking at 30% in March 2021 before stabilizing at 27% in the TTM, reflecting efficient cost management. Additionally, other income has significantly increased from ₹7 crore in March 2020 to ₹32 crore in the TTM, bolstering overall profitability.
The company’s net profit rose from ₹30 crore in March 2020 to ₹83 crore in March 2024, with an impressive ₹115 crore recorded in the TTM. This growth in net profit aligns with an improvement in earnings per share (EPS), which increased from ₹22.19 in March 2020 to ₹60.91 in March 2024 and further to ₹84.16 in the TTM. Pix Transmissions has also maintained a steady dividend payout ratio, ranging between 9% and 13%, highlighting its commitment to returning value to shareholders.
FAQs
What is Pix Transmission current market cap?
As of March 08th, Pix Transmission market capitalization stands at ₹2,130 crores.
The current share price of Pix Transmission is ₹1,563 as of March 08th, 2025.
The share price target for Pix Transmission for December 2025 ranges from a minimum of ₹1,236.16 to a maximum of ₹1,887.69.
The share price target for Pix Transmission for 2030 ranges from a minimum of ₹3,132.64 to a maximum of ₹4,867.51.
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Conclusion
Pix Transmissions Ltd has established itself as a key player in the power transmission industry with a robust financial performance, a global presence, and a commitment to sustainability. The company’s consistent growth in sales, operating profit, and net profit over the years underscores its strong market position and operational efficiency. Its shareholding patterns reveal stability in promoter holdings, increasing FII interest, and growing retail investor participation. The projected share price targets from 2025 to 2030 indicate a promising upward trajectory, reflecting confidence in the company’s future growth prospects. Pix Transmissions’ dedication to innovation, quality, and environmental sustainability positions it as a trusted and resilient organization in its sector.
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