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Pix Transmissions Limited (500333) Fair Value & Analysis

Consumer Goods · IN · Market cap ₹1.9B

PT Pix Transmissions Limited 500333 · BSE
Price₹1,886
Fair Value₹1,143
Upside-39.4%
Quality69/100
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Healthy Growth
Thin margins · 9.6% net margin
Low debt
1.23% dividend yield
Moderate moat 61/100
Evidence: High Range ₹697.94 – ₹1,792 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 5 days ago

A solid business, but screening 39% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹1,792). The favourable scenario is already priced in.
  • Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹697.94 to ₹1,792) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹2,692 ₹310.02 Fair Value ₹1,143 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹310.02 – ₹2,692 · fair‑value band ₹697.94 – ₹1,792 · the ₹1,886 price screens above the ₹1,143 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Pix Transmissions Limited (500333) currently trades at ₹1,886, while our model-based Fair Value estimate is ₹1,143, implying the stock looks roughly 39.4% overvalued today. The Quality Score stands at 69/100 (solid quality), in the Consumer Goods sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Pix Transmissions Limited generated revenue of ₹3.0B at a net margin of 9.6%. Revenue declined 19.4% year over year. The stock trades on a trailing P/E of 9.1 (as of Jul 4, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹697.94 (bear case) to ₹1,792 (bull case); at ₹1,886, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 2% below its 52-week high and 54% above its 52-week low. For context, the median of 10 Consumer Goods peers we cover trades at -24% fair-value upside, at -39%, 500333 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹668.05 ₹1,016 ₹1,500 80
Residual Income ₹473.72 ₹654.90 ₹2,375 76
Rev-Margin DCF ₹723.45 ₹1,207 ₹1,810 74
All 26 models by family
DCF Models
FCF DCF ₹673.62 ₹1,059 ₹1,625 38
Owner Earnings ₹886.01 ₹1,398 ₹2,148 31
5Y Revenue Exit ₹723.45 ₹1,216 ₹1,871 39
5Y EBITDA Exit ₹920.50 ₹1,610 ₹2,456 41
5Y P/E Exit ₹964.70 ₹1,698 ₹2,516 38
10Y Revenue Exit ₹673.76 ₹1,103 ₹1,733 36
10Y EBITDA Exit ₹812.61 ₹1,362 ₹2,167 37
10Y P/E Exit ₹839.07 ₹1,420 ₹2,212 35
Earnings-Based
Graham-Dodd ₹563.35 ₹2,339 ₹3,189 54
Lynch FV ₹590.93 ₹844.19 ₹1,097 50
PEG = 1.0 ₹590.93 ₹844.19 ₹1,097 46
EPV ₹757.00 ₹857.19 ₹940.68 59
Dividend Discount
Gordon GGM ₹53.93 ₹97.17 ₹133.77 70
DDM Multi-Stage ₹53.93 ₹88.77 ₹103.81 61
Multiples
P/E Multiple ₹1,243 ₹1,657 ₹2,071 63
P/S Multiple ₹811.16 ₹1,082 ₹1,352 58
P/B Multiple ₹984.38 ₹1,313 ₹1,641 55
EV/EBIT ₹1,400 ₹1,859 ₹2,318 53
EV/EBITDA ₹1,186 ₹1,574 ₹1,962 54
EV/Revenue ₹779.36 ₹1,104 ₹1,428 43
Asset-Based
NCAV (Graham) ₹218.75 ₹293.13 ₹437.50 50
Growth DCF
Growth DCF ₹668.05 ₹1,016 ₹1,500 80
Rev-Margin DCF ₹723.45 ₹1,207 ₹1,810 74
Economic Profit
Residual Income ₹473.72 ₹654.90 ₹2,375 76
ROIC Compounder ₹824.78 ₹1,030 ₹1,272 72
Growth Earnings
Growth-Adj P/E ₹983.95 ₹1,406 ₹1,827 68

Widest divergence: Growth Earnings (₹1,406) versus Dividend Discount (₹88.77). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹3.0B
Revenue growth (YoY) -19.4%
Net margin 9.6%
P/E ratio 9.1 as of Jul 4, 2026
Operating margin 13.1%
EPS (TTM) ₹21.52
More key figures
Dividend yield 1.2%
EPS growth (YoY) -15.2%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 68 · Market factors (momentum, volatility) 69

Profitability 78
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 69
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Pix Transmissions Limited manufactures and sells belts and related mechanical power transmissions products in India. The company offers ribbed/poly-V, timing/synchronous, banded, automotive, industrial, special construction, agriculture, lawn and garden, and V-belts; and PowerWare products, such as pulleys, couplings, and bespokes, as well as accessories, …

Full company description

Pix Transmissions Limited manufactures and sells belts and related mechanical power transmissions products in India. The company offers ribbed/poly-V, timing/synchronous, banded, automotive, industrial, special construction, agriculture, lawn and garden, and V-belts; and PowerWare products, such as pulleys, couplings, and bespokes, as well as accessories, including service kits, pulley and profile gauges, laser guided pulley alignment tools, belt length measurers, tension meters, poly-v belt wear gauges, and X'slit belt cutting tools. Its products used in ceramic, cement, oil and gas, power plant, wood, automotive, cold storage, leisure and sport, packaging, rice/flour mills, building and construction, agriculture, food processing, machine tools, paper pulp, and steel industries. It also exports its products. Pix Transmissions Limited was founded in 1981 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Pix Transmissions Limited reported revenue of ₹5.9B in FY2025 versus ₹4.0B in FY2021, a compound +10.2%/yr. Reported net income was ₹1.1B in FY2025, compounding +14.8%/yr from FY2021.

Growth Quality 88/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
₹5.9B
Latest YoY
+19.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.1%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.0%
Revenue +10.2%/yr
FY21 ₹4.0B
FY22 ₹4.5B
FY23 ₹4.9B
FY24 ₹4.9B
FY25 ₹5.9B
Net income +14.8%/yr
FY21 ₹649M
FY22 ₹688M
FY23 ₹648M
FY24 ₹830M
FY25 ₹1.1B

500333 screens 39% overvalued. Compare with Finolex Industries Limited →

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Cite: Fair Value Calculator (2026). "Pix Transmissions Limited Fair Value". https://www.fairvalue-calculator.com/stock/500333

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Eastern Treads Limited 531346 ₹30.30 ₹3.27 -89%
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Frequently asked questions

Is Pix Transmissions Limited (500333) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹1,143 versus a price of ₹1,886, about −39% (overvalued).
What is the fair value of 500333?
Our model-based fair value for Pix Transmissions Limited is ₹1,143 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹1,886.
What is the quality score of 500333?
Pix Transmissions Limited has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Pix Transmissions Limited (500333)?
Pix Transmissions Limited reported trailing-twelve-month revenue of about ₹3.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 500333?
The net profit margin of Pix Transmissions Limited is about 9.6%, meaning it keeps roughly 9.6% of revenue as net income. Based on the latest reported figures.
Does Pix Transmissions Limited pay a dividend?
Pix Transmissions Limited currently shows a dividend yield of about 1.23% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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