Pix Transmission's Q2 FY 2025-26 Quarterly Results

Result Summary

• Pix Transmission Ltd reported a 5.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 15.5%.
• Its expenses for the quarter were up by 10.5% QoQ and down 3.8% YoY.
• The net profit decreased 15.5% QoQ and decreased 41.9% YoY.
• The earnings per share (EPS) of Pix Transmission Ltd stood at 17.28 during Q2 FY 2025-26.

Financial Statments for Q2 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 leading manufacturer and exporter of mechanical power transmission belts and related accessories. The company operates predominantly in the industrial sector, providing products such as V-belts, timing belts, and other related components. These products are crucial for various industrial applications, including automotive, agriculture, and general engineering industries. As of the latest updates available by 2023, Pix Transmission Ltd has focused on expanding its market presence and enhancing product innovation to maintain its competitive edge. However, specific recent major developments or strategic changes from 2026 are not available in the provided data.

Revenue

For Q2FY26, Pix Transmission Ltd reported a total income of ₹143.58 crores. This represents a quarter-over-quarter increase of 5.8% from Q1FY26, where the total income was ₹135.74 crores. However, on a year-over-year basis, there is a decrease of 15.5% compared to Q2FY25, when the total income was ₹169.85 crores. The quarterly growth signifies an improvement from the previous quarter, but the year-over-year decrease highlights a reduction in revenue compared to the same period last year.

Profitability

In terms of profitability, the company reported a profit before tax of ₹32.44 crores in Q2FY26, down from ₹35.21 crores in Q1FY26, marking a decrease of 7.9% quarter-over-quarter. Comparing year-over-year, the profit before tax saw a significant decrease of 40.2% from ₹54.29 crores in Q2FY25. The tax expense for Q2FY26 was ₹8.90 crores, showing a 21.1% increase from Q1FY26 and a 35.3% decrease from the corresponding quarter in the previous year. The profit after tax for Q2FY26 was ₹23.54 crores, reflecting a 15.5% decline from the previous quarter and a 41.9% decrease from Q2FY25's ₹40.53 crores. Earnings per share followed a similar trend, with a value of ₹17.28 in Q2FY26, decreasing both quarter-over-quarter by 15.5% and year-over-year by 41.9%.

Operating Metrics

The total expenses for Pix Transmission Ltd in Q2FY26 amounted to ₹111.13 crores, which is a 10.5% increase from Q1FY26's expenses of ₹100.53 crores. Compared to Q2FY25, there is a slight decrease of 3.8% from ₹115.55 crores. This indicates a rise in expenses from the previous quarter, but a slight reduction compared to the same quarter last year. The profit margins have been affected due to the increase in expenses coupled with a decrease in total income year-over-year. The financial data does not provide explicit information on other operating metrics such as P/E ratio, debt-to-equity ratio, or current ratio, which limits a more detailed analysis in these areas.