Pix Transmissions Ltd

Pix Transmissions Ltd trading window closed from October 01, 2026 till the expiry of 48 hours from the declaration of Unaudited Financial Results of the Company for the quarter & half year ended September 30, 2026.

Financial results approved

• Unaudited standalone Q1 2026: revenue ₹13,453.20 lakh; PBT ₹6,081.68 lakh; PAT ₹4,828.86 lakh.
• Unaudited consolidated Q1 2026: revenue ₹14,924.76 lakh; PBT ₹6,663.91 lakh; PAT ₹5,274.77 lakh.
• Approval under SEBI LODR Regulation 33 for quarterly results.
• Audit Committee reviewed results; auditors issued unmodified conclusions.
• Results and notes available on BSE/NSE and PixTrans website.

Meeting Details

• Board to meet on Aug 7, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.

Other Notes

• Trading window closed from July 1, 2026 until 48 hours after results declaration.

Dematerialisation status and listing

• Dematerialisation requests for quarter ended 30 June 2026 were processed and confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification; depositories named as registered owner within timelines.

Overview

• BRSR FY2025-26 filed; report sent to members and posted on the company website.

AGM and record-date details

• AGM scheduled for July 22, 2026 at 09:30 IST.
• Book closure from July 15 to July 22, 2026 (inclusive).
• Record date for dividend entitlement: July 14, 2026.
• Cut-off date for remote e-voting and AGM voting: July 14, 2026.
• Dividend, if declared at AGM, paid to members as of the record date.

Financial performance

• Standalone total income Rs 54.86 crore; PAT Rs 9.21 crore FY26.
• Consolidated total income Rs 60.70 crore; PAT Rs 10.69 crore.
• Standalone revenue declined marginally year-on-year.
• Final dividend recommended Rs 9 per equity share.
• Dividend payable date: on or before Aug 20, 2026.
• Equity share capital Rs 1.362 crore; no new shares issued.
• EPS (basic/diluted) Rs 67.58 for FY26.
• Debt-to-equity: standalone 0.04; consolidated 0.03.
• Unpaid dividend transferred to IEPF; shares transferred after seven years.
• Promoter stake about 62.06% as at 31-03-2026.

Capital structure & liquidity

• Standalone borrowings total Rs 2,354.20 Lakhs as of 31-03-2026.
• Consolidated borrowings Rs 2,422.63 Lakhs; debt-equity 0.03.
• Cash+bank balances around Rs 2.41 crore.
• Dematerialisation: 86.05% NSDL; 12.05% CDSL; 1.90% physical.
• Registrar: MUFG Intime India Private Limited.
• Promoter shareholding around 62.06%.

Operations and geography

• Wholly owned subsidiaries: PIX Middle East FZC, UAE and PIX Transmissions Europe Limited, UK.
• Step-down subsidiaries: PIX Middle East Trading LLC, UAE; PIX Germany GmbH, Germany.
• FY26 consolidated revenue by geography: India Rs 24.90 cr; outside India Rs 32.43 cr.
• Product categories: V-Belts, Timing Belts, Poly-V Belts, Industrial Belts, Special Construction Belts.
• Exports constitute the major revenue share; domestic share moderate.
• Outlook remains positive; focus on exports, efficiency, and R&D.

Governance & risk management

• Board strength: 14 directors; 7 Executive, 7 Independent.
• Dr Abhilasha Hattangdi remains Independent; Thakur Hotchandani joined Sep 2025; Aqueel Mulla retired.
• Board meetings held five times in FY26.
• Audit Committee reconstituted; Sandeep Prajapati appointed Chair.
• Vigil mechanism; whistle-blower policy published on company site.
• Secretarial audit: no qualifications; SEBI penalties paid for certain lapses.
• CEO/CFO certification on financial statements.
• Risk Management Committee monitors risk policy and financial risks.

CSR & ESG highlights

• CSR spend Rs 202.15 Lakh; two percent of average net profit threshold.
• CSR projects: education for blind, medical facility, skill development, hunger eradication.
• CSR policy and Annexure-II disclosed on website.
• Total energy consumption 1.53 crore kWh; energy intensity 0.00289.
• Waste generated around 28.31 MT; includes plastics and other waste streams.
• Water withdrawals about 1.42 million kilolitres; managed per policy.
• No ongoing CSR projects; CSR actions completed during FY26.

Audits & internal controls

• Statutory auditor: SGCO & Co. LLP; Internal auditor: Rodi Dabir & Co.
• Cost auditor: Manisha & Associates; Secretarial auditor: Z. M. Shaikh & Associates.
• Internal financial controls found adequate and effective.
• Secretarial audit: no qualifications; governance compliances observed.

Shareholder information & AGM

• 44th AGM on 22 July 2026 at Nagpur; physical meeting.
• Remote e-voting from 19-21 July 2026; Ballot at AGM possible.
• Dividend Rs 9 per share; payment by 20 August 2026.
• Registers closed 15-22 July 2026 for entitlement to final dividend.
• Demat: 86.05% NSDL; 12.05% CDSL; 1.90% physical.
• Shareholders: 29,013 holders; 13,625,200 equity shares.
• Promoter/promoter group hold approx 62.06% of equity.