Financials PIX Transmissions Limited

Equities

PIXTRANS

INE751B01018

Tires & Rubber Products

Market Closed - Bombay S.E. 06:00:51 2024-05-23 am EDT 5-day change 1st Jan Change
1,407 INR -1.86% Intraday chart for PIX Transmissions Limited +7.45% +8.36%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,658 2,399 1,127 4,567 11,595 10,355
Enterprise Value (EV) 1 2,514 3,344 1,934 5,130 12,477 10,531
P/E ratio 7.16 x 8.4 x 3.73 x 7.04 x 16.8 x 16 x
Yield 2.06% 1.56% 2.42% 1.49% 0.71% 0.79%
Capitalization / Revenue 0.63 x 0.78 x 0.35 x 1.14 x 2.58 x 2.13 x
EV / Revenue 0.95 x 1.08 x 0.61 x 1.28 x 2.78 x 2.17 x
EV / EBITDA 4.46 x 5.79 x 3.3 x 4.67 x 11.1 x 10.1 x
EV / FCF -45.4 x -20 x 15.2 x 42.7 x -25.6 x 18.5 x
FCF Yield -2.2% -4.99% 6.57% 2.34% -3.9% 5.39%
Price to Book 0.88 x 1.12 x 0.48 x 1.52 x 3.18 x 2.48 x
Nbr of stocks (in thousands) 13,625 13,625 13,625 13,625 13,625 13,625
Reference price 2 121.6 176.0 82.70 335.2 851.0 760.0
Announcement Date 5/26/18 6/27/19 9/2/20 7/26/21 6/28/22 6/28/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 2,649 3,091 3,186 3,996 4,493 4,863
EBITDA 1 563.4 577.4 585.7 1,099 1,123 1,047
EBIT 1 426.9 423.9 416.9 919.3 934.9 822.9
Operating Margin 16.12% 13.72% 13.08% 23.01% 20.81% 16.92%
Earnings before Tax (EBT) 1 338.8 378.8 373.9 873.4 945.8 865.1
Net income 1 225.6 285.7 302.4 649 688.4 648.2
Net margin 8.52% 9.24% 9.49% 16.24% 15.32% 13.33%
EPS 2 17.00 20.97 22.19 47.63 50.53 47.57
Free Cash Flow 1 -55.44 -166.8 127 120.1 -486.7 567.9
FCF margin -2.09% -5.4% 3.99% 3.01% -10.83% 11.68%
FCF Conversion (EBITDA) - - 21.68% 10.92% - 54.22%
FCF Conversion (Net income) - - 42% 18.51% - 87.61%
Dividend per Share 2 2.500 2.750 2.000 5.000 6.000 6.000
Announcement Date 5/26/18 6/27/19 9/2/20 7/26/21 6/28/22 6/28/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 857 945 807 563 882 176
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.521 x 1.637 x 1.377 x 0.5119 x 0.7859 x 0.1682 x
Free Cash Flow 1 -55.4 -167 127 120 -487 568
ROE (net income / shareholders' equity) 12.6% 14.2% 13.4% 24.2% 20.7% 16.6%
ROA (Net income/ Total Assets) 7.54% 7.19% 6.64% 13.7% 11.8% 9.11%
Assets 1 2,991 3,975 4,551 4,742 5,858 7,117
Book Value Per Share 2 139.0 157.0 173.0 220.0 268.0 307.0
Cash Flow per Share 2 2.410 5.760 8.520 7.400 17.90 33.30
Capex 1 236 382 289 258 709 238
Capex / Sales 8.9% 12.36% 9.08% 6.47% 15.77% 4.89%
Announcement Date 5/26/18 6/27/19 9/2/20 7/26/21 6/28/22 6/28/23
1INR in Million2INR
Estimates
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