Pix Transmission's Q1 FY 2025-26 Quarterly Results

Result Summary

• Pix Transmission Ltd reported a 0.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.0%.
• Its expenses for the quarter were down by 4.0% QoQ and 1.8% YoY.
• The net profit increased 14.0% QoQ and increased 1.5% YoY.
• The earnings per share (EPS) of Pix Transmission Ltd stood at 20.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Pix Transmission Ltd is a prominent entity in the manufacturing sector, specifically focusing on the production and distribution of mechanical power transmission solutions. The company is well-regarded for its comprehensive range of products, including belts, pulleys, and other related accessories that are essential in various industrial applications. Pix Transmission serves a diverse set of industries, ensuring a stable demand across different market cycles. However, specific information about recent major developments or strategic initiatives undertaken by the company is not available from the provided data.

Revenue

In Q1FY26, Pix Transmission Ltd reported a total income of ₹135.74 crores. This represents a marginal quarter-over-quarter (QoQ) increase of 0.1% from the preceding quarter, Q4FY25, where the total income stood at ₹135.59 crores. On a year-over-year (YoY) basis, there was a slight decline of 2.0% from Q1FY25, when the company recorded a total income of ₹138.54 crores. The near-flat QoQ growth and YoY decline in total income highlight a relatively stable revenue stream with minor fluctuations, reflecting the company's ability to sustain its income levels despite market challenges.

Profitability

Pix Transmission Ltd's profitability metrics for Q1FY26 indicate an improvement in performance compared to the previous quarter. The company achieved a profit before tax of ₹35.21 crores, which marks a 14.2% QoQ increase from Q4FY25's ₹30.83 crores. However, compared to Q1FY25, there was a slight YoY decrease of 2.6% from ₹36.16 crores. The tax expense for Q1FY26 was ₹7.35 crores, showing a 14.8% increase from the previous quarter and a 15.7% decrease YoY. Consequently, the profit after tax for Q1FY26 was ₹27.86 crores, reflecting a 14.0% QoQ rise and a 1.5% YoY increase. These figures suggest a positive trend in the company's quarterly profitability, aided by effective cost management.

Operating Metrics

The operating metrics for Pix Transmission Ltd highlight key financial outcomes for the quarter. The total expenses for Q1FY26 were ₹100.53 crores, which is a 4.0% reduction from the previous quarter's ₹104.76 crores and a 1.8% decrease from the previous year's ₹102.37 crores. This reduction in expenses contributed to the improved profitability seen in the quarter. The earnings per share (EPS) for Q1FY26 was ₹20.40, up 14.0% QoQ from ₹17.90 in Q4FY25 and a 1.5% increase YoY from ₹20.10 in Q1FY25. These operational efficiencies and strategic cost reductions have resulted in improved earnings for the shareholders, as evidenced by the rise in EPS.