PIX Transmissions Limited Nagpur

PIX Transmissions Limited was incorporated on July 22, 1981, as a private limited company in the State of Maharashtra, India. The status of the Company changed from a Private Limited company to a Public Limited Company effective from September 27, 1989. The Company completed its initial public offering of its equity shares in India on December 4, 1989. The shares of the Company are listed with BSE Limited and National Stock Exchange of India Limited.

The Company has trading subsidiaries in the UK, Germany & Middle East. The Company and its subsidiaries (collectively, ‘the Group’) is engaged in the business of Belts and related mechanical Power Transmission products.

PIX Transmissions Limited Profile

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PIX Transmissions Ltd. is the leading manufacturer of Belts and related mechanical Power Transmission products in India. The Company features state-of-the-art Belt manufacturing units as well as an ultra-sophisticated, automated Rubber Mixing facility.

  • Market Cap: ₹ 1,173 Cr.
  • Dividend Yield: 0.70 %
  • ROCE: 24.0 %
  • ROE: 20.7 %
  • Face Value: ₹ 10.0
  • Promoter holding: 61.8 %
  • Debt to equity: 0.32

PIX Transmissions Ltd. enjoys significant brand equity in the Power Transmissions industry, with strong local as well global presence. The company has overseas subsidiary operations in Europe, and Middle-East, in addition to over 250 committed Channel Partners in over 100 countries worldwide.

PIX Transmissions Limited Nagpur Products
PIX Transmissions Limited Nagpur Products

The vision of PIX is to be a dominant, Global Player in the Mechanical Power Transmission Industry in terms of revenue and brand equity by developing and delivering a broad range of highly innovative, reliable and price competitive, solutions backed with unmatched customer care.

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The mission of PIX is to achieve profitable growth and enhance value for shareholders by-

  • Growing the company revenue 2X every 3 years
  • Building a highly reliable brand globally
  • Supplying a broad range of high-performance, cost-effective, end-to-end power transmission products and services
  • Creating the necessary infrastructure to offer customer care of the highest caliber
  • Creating an environment to attract and build a highly motivated and talented team of professionals

Subsidiaries of PIX Transmissions Limited

List of Subsidiaries of PIX Transmissions Limited

  1. PIX Middle East FZC, UAE – PIX Middle East FZC incorporated to carry on business of PIX Products in the market of Middle East Countries.
  2. PIX Transmissions Europe Limited, U.K. – PIX Transmissions Europe Limited incorporated to carry on business of PIX Products and other products in the market of European countries.
  3. PIX Middle East Trading LLC, UAE – PIX Middle East Trading LLC, UAE is subsidiary of PIX Middle East FZC established to carry on business of PIX Products in the market of Middle East Countries.
  4. PIX Germany GmbH, Germany – PIX Germany GmbH, Germany is subsidiary of PIX Transmissions Europe Limited incorporated to carry on business of PIX Products and other products in the market of European Countries.

Considering its global customer base, PIX has backed its products by building an impressive support infrastructure in several key markets across the globe including the UK, Germany, and UAE. Each of these locations houses a Distribution Centre and is equipped to provide technical, commercial, and logistical support. PIX is perhaps among a few global companies in its Industry to feature high level of infrastructure outside the home country.

The key strength of PIX is its growing network of independent, committed, and loyal Channel Partners over 100 countries worldwide. Relationships based on performance and trust have been the hallmark of PIX’s strength in this regard. PIX is also proud to count some of the market leaders in key application verticals among its many OEM customers.

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