Why is Pix Transmission Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0.05 times
2
Poor long term growth as Net Sales has grown by an annual rate of 8.29% and Operating profit at 4.47% over the last 5 years
3
Flat results in Mar 26
- PBT LESS OI(Q) At Rs 24.31 cr has Fallen at -10.16%
- PAT(Q) At Rs 20.22 cr has Fallen at -10.7%
- DEBTORS TURNOVER RATIO(HY) Lowest at 4.31 times
4
Stock is technically in a Mildly Bullish range
- Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST and OBV
5
With ROE of 15.3, it has a Expensive valuation with a 3.1 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 4.48%, its profits have fallen by -5.3%
6
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
How much should you hold?
- Overall Portfolio exposure to Pix Transmission should be less than 10%
- Overall Portfolio exposure to Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Pix Transmission for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Pix Transmission
4.11%
0.16
28.43%
Sensex
-4.88%
-0.39
13.26%
Quality key factors
Factor
Value
Sales Growth (5y)
8.29%
EBIT Growth (5y)
4.47%
EBIT to Interest (avg)
23.52
Debt to EBITDA (avg)
0.53
Net Debt to Equity (avg)
-0.41
Sales to Capital Employed (avg)
0.93
Tax Ratio
25.83%
Dividend Payout Ratio
10.86%
Pledged Shares
0
Institutional Holding
2.92%
ROCE (avg)
24.34%
ROE (avg)
17.10%
Valuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
69
Price to Book Value
3.14
EV to EBIT
16.86
EV to EBITDA
13.96
EV to Capital Employed
4.60
EV to Sales
3.27
PEG Ratio
NA
Dividend Yield
0.56%
ROCE (Latest)
27.31%
ROE (Latest)
15.34%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Bullish
Bullish
Technical Movement
5What is working for the Company
PAT(Latest six months)
At Rs 55.48 cr has Grown at 23.56%
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 108.06 cr
NET SALES(Q)
Highest at Rs 170.77 cr
-7What is not working for the Company
PBT LESS OI(Q)
At Rs 24.31 cr has Fallen at -10.16%
PAT(Q)
At Rs 20.22 cr has Fallen at -10.7%
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.31 times
OPERATING PROFIT TO NET SALES (Q)
Lowest at 18.05%
EPS(Q)
Lowest at Rs 14.85
Loading Valuation Snapshot...
Here's what is working for Pix Transmission
Net Sales - Quarterly
Highest at Rs 170.77 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 108.06 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Pix Transmission
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 24.31 cr has Fallen at -10.16%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 20.22 cr has Fallen at -10.7%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 18.05%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Earnings per Share (EPS) - Quarterly
Lowest at Rs 14.85
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Lowest at 4.31 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio