Indian belt manufacturing company

Pix Transmissions LtdType| Public

|

Traded as

| BSE: 500333
Industry| Belt manufacturer
Founded| Mumbai, Maharashtra, India (1981; 42 years ago (1981))
Headquarters|

Mumbai, Maharashtra

India

Area served

| Worldwide
Revenue|

* INR 4 billion (2021)

[1]
Subsidiaries| PIX Europe Limited
PIX Germany GmbH
PIX Middle East Trading LLC
Website| pixtrans.com

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]

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[edit]

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[edit]

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[edit]

* Export Promotion Council Govt. of India[11]
* Niryat Shree Award from the president of India[12]

## References[edit]

1. ^ a b "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). Retrieved 9 March 2022.
4. ^ Paoli, Chiara De (4 December 2020). "PIX Introduce It's New PIX-Terminator Belts". The HeavyQuip Magazine. Retrieved 25 March 2022.
5. ^ a b c "Pix Transmissions Ltd" (PDF). hdfcsec.
6. ^ "Top 10 Best Indian Rubber Manufacturing Company In 2022 - Inventiva". 5 March 2022. Retrieved 25 March 2022.
7. ^ 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 9 March 2022.
8. ^ a b "CRiSil Research" (PDF). www.bseindia.com.
9. ^ a b c d "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.

## External links[edit]

* "Pix Transmis Standalone December 2021 Net Sales at Rs 107.95 crore, up 4.42% Y-o-Y". Moneycontrol. Retrieved 21 March 2022.
* "Pix Transmission Ltd". Business Standard India.