Pix Transmissions
| Company type | Public |
|---|---|
| BSE: 500333 | |
| Industry | Belt manufacturer |
| Founded | Mumbai, Maharashtra, India (1981) |
| Headquarters | , India |
Area served | Worldwide |
| Revenue |
|
| Subsidiaries | PIX Europe Limited PIX Germany GmbH PIX Middle East FZC |
| Website | pixtrans |
Pix Transmissions Ltd (PTL) is an Indian manufacturer of belts and related mechanical transmission products,[2] that are used in diverse industrial, agriculture, and automotive applications.[3][4] Headquartered in Mumbai, Maharashtra, the company has manufacturing facilities in Hingna and Nagalwadi, Nagpur.[5][6]
In 2021, PTL reported consolidated revenue of $4 billion.[1] The company has also listed in the Bombay Stock Exchange in the year 1989.[7][8]
History
PTL started its operations in 1981 in Nagpur, Maharashtra. In 1999, the company established a new manufacturing facility and began production of Timing, Raw Edge Cogged, and Poly-V Belts.[5]
The company has manufacturing units in Hingna and Nagalwadi, Nagpur. The Nagalwadi facility is an automated polymer mixing facility.[8]
PTL commenced operations in the UK, Germany, and UAE by establishing subsidiaries and joint ventures, such as PIX Europe Limited, PIX Germany GmbH, and PIX Middle East Trading LLC.[9]
In 2021, the company announced its foray into the automotive segment with the launch of PIX Force.[10]
R&D facilities
The company has its R&D centers located at Nagalwadi Plant, Nagpur.[9]
- Plant I: Hingna MIDC[9]
- Plant II: TRP plant, Nagalwadi, Nagpur [7]
- Plant III: MEC plant, Nagalwadi, Nagpur [9]
- Plant IV: Pix logistics hub[5]
Awards and achievements
- Export Promotion Council Govt. of India[11]
- Niryat Shree Award from the president of India[12]
- Top Export Award over consecutive years by All India Rubber Industries Association (AIRIA)[13]
References
- ^ a b "Pix Transmission reports net profit of Rs 4.20 crore in the March 2010 quarter". NDTV.com. Retrieved 2022-03-23.
- ^ "Top three stock picks by HDFC Securities' over the next two quarters". mint. 2021-08-31. Retrieved 2022-03-25.
- ^ "Multibagger Stocks: 5 रुपए के इस स्टॉक ने निवेशकों को किया मालामाल, 1 लाख बन गए 1.7 करोड़". Jansatta (in Hindi). Retrieved 2022-03-09.
- ^ Paoli, Chiara De (2020-12-04). "PIX Introduce It's New PIX-Terminator Belts". The HeavyQuip Magazine. Retrieved 2022-03-25.
- ^ a b c "Pix Transmissions Ltd" (PDF). hdfcsec.
- ^ "Top 10 Best Indian Rubber Manufacturing Company In 2022 - Inventiva". 2022-03-05. Retrieved 2022-03-25.
- ^ a b "Pix Transmissions Limited: Pix Transmissions Limited sells hydraulic hose business to UK firm | Nagpur News - Times of India". The Times of India. 17 July 2012. Retrieved 2022-03-09.
- ^ a b "CRiSil Research" (PDF). www.bseindia.com.
- ^ a b c d "Amarpal Sethi, Chairman and Managing Director, Pix Transmission Ltd". www.indiainfoline.com. Retrieved 2022-03-09.
- ^ "PIX steps up presence in automotive segment with 'PIX Force' range of belts – Motorindia". Motorindia. 23 January 2021. Retrieved 2022-03-25.
- ^ "Pix Transmission Ltd". Business Standard India. Retrieved 2022-03-25.
- ^ "Pix Transmissions receives prestigious Niryat Shree award". NDTV.com. Retrieved 2022-03-23.
- ^ "All India Rubber Industries Association - AIRIA". www.allindiarubber.net. Retrieved 2022-03-23.
External links
- "Pix Transmis Standalone December 2021 Net Sales at Rs 107.95 crore, up 4.42% Y-o-Y". Moneycontrol. Retrieved 2022-03-21.
- "Pix Transmission Ltd". Business Standard India.