# Pix Transmission share price today (Pix Transmission Ltd, NSE: PIXTRANS)

> Pix Transmission share price today: ₹1,652.20 at the NSE close on 3 November 2026, up 12.4% in a year. Pix Transmission (NSE: PIXTRANS) is worth ₹2,252 crore, trades at a P/E of 17.1 and has closed between ₹1,298.20 and ₹1,897.35 over the past 52 weeks. > Pix Transmission Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PIXTRANS · Rubber Processing/Rubber Products · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/pix-transmission-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹1,652.20 (+12.4% in a year)
- P/E: 17.1× (higher than 52% of the last 11 years)
- Revenue (Jun 2026): ₹149 Cr (+22.1% on a year ago)
- Profit (Jun 2026): ₹53.0 Cr (+89.3% on a year ago)
- Operating margin: 31.0% (+8.0 points on a year ago)
- ROCE: 22%, FY26
- ROIC: 26.9%, against a 12.0% cost of capital: +14.9 points

Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business. ## What is the Pix Transmission share price today? Pix Transmission Ltd's share price was ₹1,652.20 at the close on 3 November 2026. It has been rising for 24 weeks. That is 0.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,298 and ₹1,897, and at that close it sat 59% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 6 weeks in a row. Over the last 11 years the share price moved +3,415% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Pix Transmission this quarter? Three changes stood out: indian funds and insurers (DIIs) raised their stake for 5 quarters in a row, highest quarterly profit in 15 quarters and operating margin up 8 points on a year earlier. 1. Indian funds and insurers (DIIs) raised their stake for 5 quarters in a row From 0.6% to 2.8% of the company by the September 2026 quarter. 2. Highest quarterly profit in 15 quarters Profit of ₹53 crore in the June 2026 quarter is the highest of the last 15 quarters. 3. Operating margin up 8 points on a year earlier 31% in the June 2026 quarter, from 23%. ## What are Pix Transmission's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Pix Transmission reported revenue of ₹149 crore, up 22.1% from ₹122 crore a year earlier, and a profit of ₹53.0 crore, up 89.3% from ₹28.0 crore. ### Pix Transmission results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹149 crore | ₹122 crore | +22.1% |
| Profit | ₹53.0 crore | ₹28.0 crore | +89.3% |
| Earnings per share | ₹38.72 | ₹20.45 | +89.3% |
| Operating margin | 31.0% | 23.0% | +8.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Pix Transmission share price history? Pix Transmission closed at ₹1,652.20 on 3 November 2026, up 12.4% from ₹1,470.30 a year earlier (31 October 2025) and up 114.8% over five years. Its highest weekly close since February 2016 was ₹2,688.15 on 6 December 2024. ### Pix Transmission share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,703.00 | −3.0% |
| 1 month ago · 1 Oct 2026 | ₹1,802.60 | −8.3% |
| 6 months ago · 30 Apr 2026 | ₹1,544.95 | +6.9% |
| 1 year ago · 31 Oct 2025 | ₹1,470.30 | +12.4% |
| 3 years ago · 3 Nov 2023 | ₹1,089.60 | +51.6% |
| 5 years ago · 4 Nov 2021 | ₹769.15 | +114.8% |
| 10 years ago · 4 Nov 2016 | ₹54.70 | +2,920.5% |
| Earliest weekly close in our records · 26 Feb 2016 | ₹47.00 | +3,415.3% |
| Highest weekly close since February 2016 · 6 Dec 2024 | ₹2,688.15 | −38.5% |
| Lowest weekly close since February 2016 · 10 Jun 2016 | ₹45.25 | +3,551.3% |
| 52-week high (weekly close) · 14 Aug 2026 | ₹1,897.35 | −12.9% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹1,298.20 | +27.3% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on Pix Transmission? 3 Nov 2026: Pix Transmission closed at ₹1,652.20, down 3.0% on the week and down 8.3% on the month. 14 Jul 2026: ex-date for a dividend of ₹9 a share. ### Earlier

- Results for April to June 2026: Revenue up 22.1% and profit up 89.3% on a year earlier. ## What dividend does Pix Transmission pay? Pix Transmission paid ₹9 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.54% at the ₹1,652.20 close on 3 November 2026. The last was a dividend of ₹9 a share, ex-date 14 July 2026. ### Pix Transmission dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 14 Jul 2026 | ₹9 | Dividend |
| 18 Jul 2025 | ₹9 | Dividend |
| 16 Jul 2024 | ₹7 | Dividend |
| 11 Jul 2023 | ₹6 | Dividend |
| 11 Jul 2022 | ₹6 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Pix Transmission Ltd paid out 11% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Pix Transmission on? Pix Transmission is not on any of our India lists this week. ## Is Pix Transmission profitable? Pix Transmission Ltd earned ₹53.0 Cr of net profit in the Jun 2026 quarter, +89.3% on the same quarter a year earlier. Full-year FY26 profit was ₹107 Cr. Over 10 years profit has grown 31.3% a year on average. That is 35.6% of the quarter's revenue. The same quarter a year earlier earned ₹28.0 Cr. For the full year, FY26 profit was ₹107 Cr (−5.3% on the year before). Why profit moved: revenue changed +22.1% on a year earlier and the margin moved +8.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +23.5% and revenue +5.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Pix Transmission make, and is it growing? Pix Transmission Ltd reported ₹149 Cr of revenue in the Jun 2026 quarter, +22.1% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 10.0% a year on average. The last full year, FY26, came in at ₹582 Cr. The last four reported quarters add to ₹610 Cr. FY26 revenue was ₹582 Cr, −1.9% on the year before. Recent pace: the last four quarters grew +5.5% on average, against 10.0% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +4.3%, against +9.3% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +15.8%, against +18.5% a year (stabilising). ## How much of every ₹100 of sales does Pix Transmission keep? Pix Transmission Ltd's operating margin was 31.0% in the Jun 2026 quarter, 8.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 17.0% and 30.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +7.9 percentage points on the year while gross margin changed +3.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Pix Transmission's profit turning into cash? Over the last 3 years, 137% of Pix Transmission Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹171 Cr of operating cash against ₹107 Cr of profit. After ₹26.0 Cr of spending on assets, ₹145 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 137% of profit came in as cash: the cash cycle got 34 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Pix Transmission's cash go? Pix Transmission Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 225 days in FY26, down from 259 days in FY21. It spent ₹68.0 Cr on assets over the last 3 years. Customers take 85 days to pay, and stock sits for 189 days on average. At FY26 sales of ₹582 Cr, each day of that cycle ties up about ₹1.6 Cr, so roughly ₹359 Cr is tied up in the business at any time. FY26: customers took 85 days to pay and stock sat for 189 days, about 6.2 months of sales sitting as stock, for a full cycle of 225 days, shorter than FY21's 259. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 189 days. Customers pay about 85 days after that. Suppliers are paid at 48 days. Together that makes the 225-day cycle. Spending on assets: ₹68.0 Cr over the last 3 years, against ₹70.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹3.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Pix Transmission's P/E ratio, and how does it compare with its own history? Pix Transmission Ltd's P/E is 17.1×, in the middle of its own history: higher than 52% of past readings. Its usual P/E (the middle reading) is 16.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −5.3% while the price moved +12.4%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +16.5% a year; about +11.4% a year came from earnings growth and about +5.1 percentage points from the multiple (the market paying more); over 10 years the price moved +40.6% a year; about +35.0% a year came from earnings growth and about +5.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Pix Transmission business getting better or worse? Pix Transmission Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 25.5%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Pix Transmission earn on its capital? Pix Transmission Ltd earned a ROCE of 22% in FY26. That is up from a low of 9% in FY14. Its return on capital used (ROIC) is 14.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 18.4% net margin and 0.70× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 18.4% net margin × 0.70× asset turnover × 1.19× leverage (assets divided by equity) ≈ 15.3% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 26.9% − 12.0% = +14.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 26.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 22.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Pix Transmission have too much debt? Pix Transmission Ltd has total debt of ₹24.0 Cr against shareholder equity of ₹697 Cr as of Jun 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.32 in FY22 to 0.03 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Pix Transmission shareholding pattern? Domestic institutions raised their stake in Pix Transmission Ltd by 2.5 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 2.8% of the company. Foreign institutions moved +0.3 points over the same period, to 0.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +2.5 points over 8 quarters, to 2.8%; Foreign institutions: +0.3 points over 8 quarters, to 0.6%; Promoters: +0.2 points over 8 quarters, to 62.1%. Why the owners changed: domestic institutions drove it (+2.5 points). They raised their stake step by step. ## How far is Pix Transmission from balance-sheet trouble? For Pix Transmission Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Pix Transmission rank in its industry? 73.4 out of 100, rank 2 of 4 in Rubber Processing/Rubber Products, with 93% of the evidence available. Pix Transmission Ltd scores 73.4 out of 100 against the 4 companies it is compared with in Rubber Processing/Rubber Products, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20.1 + 22.8 + 14.2 + 16.3 = 73.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Pix Transmission compared with? Pix Transmission ranks 2 of 4 Rubber Processing/Rubber Products companies on the 4-Factor Sector Score, with 73.4 out of 100. 1. [Apcotex Industries Ltd](https://www.sectoralpha.in/stocks/apcotex-industries-ltd) APCOTEXIND · losing its lead · Sector-leading setup · 97% evidence 80.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.8/35 · Revenue 23.8% · Profit 100% · Operating margin change 0 points · 100% evidence Capital efficiency 20.0/25 · ROCE 19.8% · Operating margin 12% · 100% evidence Valuation 18.4/20 · P/E 14.2× · PEG 0.35 · 85% evidence Relative strength 10.8/20 · Lead over its industry 1.4% · Lead over NIFTY 500 7.2% · 1 year 34.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 30.8 + 20 + 18.4 + 10.8 = 80 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. Pix Transmission Ltd this page PIXTRANS · leader · Most evidence points up · 93% evidence 73.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 4.3% · Profit 15.8% · Operating margin change 8 points · 88% evidence Capital efficiency 22.8/25 · ROCE 21.7% · Operating margin 31% · 100% evidence Valuation 14.2/20 · P/E 16.9× · PEG 0.48 · 85% evidence Relative strength 16.3/20 · Lead over its industry 0.8% · Lead over NIFTY 500 8.2% · 1 year 10.8% · 100% evidence · 8 of 12 weeks ahead Exact sum: 20.1 + 22.8 + 14.2 + 16.3 = 73.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Tinna Rubber & Infrastructure Ltd](https://www.sectoralpha.in/stocks/tinna-rubber-infrastructure-ltd) TINNARUBR · quiet · Most evidence points up · 97% evidence 70.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.2/35 · Revenue 21.3% · Profit 54.5% · Operating margin change 1 points · 100% evidence Capital efficiency 21.7/25 · ROCE 22.5% · Operating margin 19% · 100% evidence Valuation 14.5/20 · P/E 21.4× · PEG 0.87 · 85% evidence Relative strength 2.5/20 · Lead over its industry -6.2% · Lead over NIFTY 500 -0.1% · 1 year -17.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 32.2 + 21.7 + 14.5 + 2.5 = 70.9 · What this means: Earnings are strong; relative strength in its sector is -6.2% and the one-year return is -17.4%. 4. [GRP Ltd](https://www.sectoralpha.in/stocks/grp-ltd) GRPLTD · quiet · Evidence leans down · 90% evidence 37.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 10.9% · Profit -63.4% · Operating margin change 2.3 points · 100% evidence Capital efficiency 6.0/25 · ROCE 6.9% · Operating margin 10.4% · 100% evidence Valuation 8.5/20 · P/E 91.3× · PEG 2.01 · 50% evidence Relative strength 9.8/20 · Lead over its industry -5.3% · Lead over NIFTY 500 2.6% · 1 year -9.3% · 100% evidence · 8 of 12 weeks ahead Exact sum: 12.7 + 6 + 8.5 + 9.8 = 37 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Rubber Processing/Rubber Products](https://www.sectoralpha.in/sectors/rubber-processing-rubber-products), all 4 compared on one page. ## Which companies are close to Pix Transmission in size? Pix Transmission is the 2nd largest of 4 Rubber Processing/Rubber Products companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Apcotex Industries. Just below it: Tinna Rubber & Infrastructure and GRP. ### Rubber Processing/Rubber Products companies close in size

1. [Apcotex Industries Ltd](https://www.sectoralpha.in/stocks/apcotex-industries-ltd) ₹2,472 crore
2. Pix Transmission Ltd ₹2,229 crore
3. [Tinna Rubber & Infrastructure Ltd](https://www.sectoralpha.in/stocks/tinna-rubber-infrastructure-ltd) ₹1,436 crore
4. [GRP Ltd](https://www.sectoralpha.in/stocks/grp-ltd) ₹1,029 crore

[All 4 Rubber Processing/Rubber Products companies, largest first](https://www.sectoralpha.in/sectors/rubber-processing-rubber-products#all-companies)

### Companies close in size in other industries

1. [Maithan Alloys Ltd](https://www.sectoralpha.in/stocks/maithan-alloys-ltd) ₹2,250 crore · Ferro Alloys
2. [Alembic Ltd](https://www.sectoralpha.in/stocks/alembic-ltd) ₹2,240 crore · Finance - Holding Company
3. Pix Transmission Ltd ₹2,229 crore
4. [Somany Ceramics Ltd](https://www.sectoralpha.in/stocks/somany-ceramics-ltd) ₹2,227 crore · Ceramics/Tiles/Sanitaryware
5. [India Glycols Ltd](https://www.sectoralpha.in/stocks/india-glycols-ltd) ₹2,223 crore · Alcoholic Beverages

## What else do people ask about Pix Transmission? ### What is Pix Transmission's share price today? Pix Transmission Ltd's share price is ₹1,652.20, +12.4% over the past year. The whole company is worth ₹2,252 Cr on the market. In the last 52 weeks it traded between ₹1,298 to ₹1,897; today it is 59% of the way up from the low, 0.7% below its 200-day average (as of 3 November 2026). ### What were Pix Transmission's latest quarterly results? Pix Transmission Ltd reported revenue of ₹149 Cr and net profit of ₹53.0 Cr for the Jun 2026 quarter. Revenue rose 22.1% and profit rose 89.3% compared with a year earlier. Earnings per share were ₹38.72. The operating margin was 31.0%, 8.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Pix Transmission's market cap? Pix Transmission Ltd's market capitalisation is ₹2,252 Cr at a share price of ₹1,652.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Pix Transmission performing? Pix Transmission Ltd's share price has been rising for 24 weeks. In its latest quarter, revenue rose 22.1% and profit rose 89.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 6 weeks running (as of 3 November 2026). ### Will Pix Transmission's share price go up? This page does not forecast Pix Transmission Ltd's share price. What it shows instead: the share price is ₹1,652.20, and it has been rising for 24 weeks. Its P/E of 17.1× is higher than 52% of its own last 11 years (as of 3 November 2026). ### Who owns Pix Transmission? Promoters own 62.1% of Pix Transmission Ltd, foreign institutions 0.6%, domestic institutions 2.8% and the public 34.6% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 2.5 percentage points over 8 quarters (as of 3 November 2026). ### Does Pix Transmission have too much debt? No, Pix Transmission Ltd has little debt: its debt is 0.03× its equity, and its operating profit is 39 times its interest bill. FY26 borrowings were ₹24.0 Cr against equity of ₹697 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Pix Transmission in its business cycle? Pix Transmission Ltd's FY26 operating margin was 26.0%, against a 13-year range of 17.0% to 30.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 31.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Pix Transmission story? Biggest thing to watch: the price has already been rising for 24 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Pix Transmission a stock worth studying right now? What the numbers show: Pix Transmission Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.