Pix Transmissions

Pix Transmissions Ltd (PTL) is an Indian manufacturer of belts and related mechanical transmission products.[2][3][4] Headquartered in Mumbai, Maharashtra, the company has manufacturing facilities in Hingna and Nagalwadi, Nagpur.[5][6]

Pix Transmissions Ltd
Company typePublic
IndustryBelt manufacturer
FoundedMumbai, Maharashtra, India (1981 (1981))
Headquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Revenue
  • INR 4 billion (2021)
[1]
SubsidiariesPIX Europe Limited
PIX Germany GmbH
PIX Middle East Trading LLC
Websitepixtrans.com

In 2021, PTL reported consolidated revenue of INR 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]

References
  1. "Pix Transmission reports net profit of Rs 4.20 crore in the March 2010 quarter". NDTV.com. Retrieved 23 March 2022.
  2. "Top three stock picks by HDFC Securities' over the next two quarters". mint. 31 August 2021. Retrieved 25 March 2022.
  3. "Multibagger Stocks: 5 रुपए के इस स्टॉक ने निवेशकों को किया मालामाल, 1 लाख बन गए 1.7 करोड़". Jansatta (in Hindi). 23 February 2022. Retrieved 9 March 2022.
  4. Paoli, Chiara De (4 December 2020). "PIX Introduce It's [sic] New PIX-Terminator Belts". The HeavyQuip Magazine. Retrieved 25 March 2022.
  5. "Pix Transmissions Ltd" (PDF). hdfcsec.
  6. "Top 10 Best Indian Rubber Manufacturing Company In 2022 - Inventiva". 5 March 2022. Retrieved 25 March 2022.
  7. "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 9 March 2022.
  8. "CRiSil Research" (PDF). www.bseindia.com.
  9. "Amarpal Sethi, Chairman and Managing Director, Pix Transmission Ltd". www.indiainfoline.com. Retrieved 9 March 2022.
  10. "PIX steps up presence in automotive segment with 'PIX Force' range of belts – Motorindia". Motorindia. 23 January 2021. Retrieved 25 March 2022.
  11. "Pix Transmission Ltd". Business Standard India. Retrieved 25 March 2022.
  12. "Pix Transmissions receives prestigious Niryat Shree award". NDTV.com. Retrieved 23 March 2022.
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