Realhimachal: creating the post w/ infobox

2023-07-10T06:04:38Z

creating the post w/ infobox

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{{Short description|Indian belt manufacturing company}}
{{Orphan|date=June 2023}}

{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
| name = Pix Transmissions Ltd
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| type = [[Public company|Public]]
| traded_as = {{ubl|{{BSE|500333}}|{{NSE|PIXTRANS}}}}
| industry = Belt manufacturer
| predecessor = 
| founded = [[Mumbai]], [[Maharashtra]], India ({{start date and age|df=yes|1981}})
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| hq_location =
| hq_location_city = [[Mumbai]], [[Maharashtra]]
| hq_location_country = India
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| area_served = Worldwide
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| revenue = {{Unbulleted list|{{Increase}} [[Indian rupee|INR]] 4 billion (2021)}}<ref name="ABC"/>
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| subsid = PIX Europe Limited <br> PIX Germany GmbH <br>PIX Middle East Trading LLC
| module = 
| website = {{URL|pixtrans.com}}
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}}

'''Pix Transmissions Ltd''' (PTL) is an Indian manufacturer of belts and related mechanical transmission products.<ref>{{Cite web |date=2021-08-31 |title=Top three stock picks by HDFC Securities' over the next two quarters |url=https://www.livemint.com/market/stock-market-news/these-three-stocks-are-hdfc-securities-top-stock-picks-over-the-next-two-quarters-11630403320161.html |access-date=2022-03-25 |website=mint |language=en}}</ref><ref>{{Cite web |title=Multibagger Stocks: 5 रुपए के इस स्टॉक ने निवेशकों को किया मालामाल, 1 लाख बन गए 1.7 करोड़ |url=https://www.jansatta.com/business/share-market-news-quality-stock-gave-multibagger-return-to-investers-pix-transmission/2055561/ |access-date=2022-03-09 |website=Jansatta |date=23 February 2022 |language=hi}}</ref><ref>{{Cite web |last=Paoli |first=Chiara De |date=2020-12-04 |title=PIX Introduce {{as written|I|t's [sic]}} New PIX-Terminator Belts |url=https://www.heavyquipmag.com/2020/12/04/pix-introduce-its-new-pix-terminator-belts/ |access-date=2022-03-25 |website=The HeavyQuip Magazine |language=en-US}}</ref> Headquartered in [[Mumbai|Mumbai, Maharashtra]], the company has manufacturing facilities in [[Hingna]] and Nagalwadi, [[Nagpur]].<ref name=":3">{{Cite web |title=Pix Transmissions Ltd. |url=https://www.hdfcsec.com/hsl.research.pdf/Pix%20Transmissions%20-%20Initiating%20Coverage%20-%20270821.pdf |website=hdfcsec}}</ref><ref>{{Cite web |date=2022-03-05 |title=Top 10 Best Indian Rubber Manufacturing Company In 2022 - Inventiva |url=https://www.inventiva.co.in/trends/best-rubber-manufacturing-company-india/ |access-date=2022-03-25 |language=en-US}}</ref>

In 2021, PTL reported consolidated revenue of [[Indian rupee|INR]] 4 billion.<ref name="ABC">{{Cite web |title=Pix Transmission reports net profit of Rs 4.20 crore in the March 2010 quarter |url=https://www.ndtv.com/business/pix-transmission-reports-net-profit-of-rs-4-20-crore-in-the-march-2010-quarter-80843 |access-date=2022-03-23 |website=NDTV.com}}</ref> The company has also listed in the [[Bombay Stock Exchange]] in the year 1989.<ref name=":2">{{Cite web |date=17 July 2012 |title=Pix Transmissions Limited: Pix Transmissions Limited sells hydraulic hose business to UK firm {{!}} Nagpur News - Times of India |url=https://timesofindia.indiatimes.com/city/nagpur/pix-transmissions-limited-sells-hydraulic-hose-business-to-uk-firm/articleshow/15011172.cms |access-date=2022-03-09 |website=[[The Times of India]] |language=en}}</ref><ref name=":4">{{Cite web |title=CRiSil Research |url=https://www.bseindia.com/download/Research_Report/Report/500333/2015-16/BSE-IPF_500333_2015.pdf |website=www.bseindia.com}}</ref>

== History ==
PTL started its operations in 1981 in [[Nagpur|Nagpur, Maharashtra]]. In 1999, the company established a new manufacturing facility and began production of [[Timing]], Raw Edge Cogged, and Poly-V Belts.<ref name=":3" />

The company has manufacturing units in [[Hingna]] and Nagalwadi, [[Nagpur]]. The Nagalwadi facility is an automated polymer mixing facility.<ref name=":4" />

PTL commenced operations in the UK, [[Germany]], and [[United Arab Emirates|UAE]] by establishing subsidiaries and joint ventures, such as PIX Europe Limited, PIX Germany GmbH, and PIX Middle East Trading LLC.<ref name=":0">{{Cite web |title=Amarpal Sethi, Chairman and Managing Director, Pix Transmission Ltd |url=https://www.indiainfoline.com/article/research-leader-speak/amarpal-sethi-chairman-and-managing-director-pix-transmission-ltd-113111402277_1.html |access-date=2022-03-09 |website=www.indiainfoline.com |language=en}}</ref>

In 2021, the company announced its foray into the automotive segment with the launch of PIX Force.<ref>{{Cite web |date=23 January 2021 |title=PIX steps up presence in automotive segment with 'PIX Force' range of belts – Motorindia |url=https://www.motorindiaonline.in/pix-steps-up-presence-in-automotive-segment-with-pix-force-range-of-belts/ |access-date=2022-03-25 |website=Motorindia |language=en-US}}</ref>

== R&D facilities ==
The company has its [[Research and development|R&D]] centers located at Nagalwadi Plant, [[Nagpur]].<ref name=":0" />

* Plant I: Hingna MIDC<ref name=":0" />
* Plant II: TRP plant, Nagalwadi, Nagpur <ref name=":2" />
* Plant III: MEC plant, Nagalwadi, Nagpur <ref name=":0" />
* Plant IV: Pix logistics hub<ref name=":3" />

== Awards and achievements ==

* Export Promotion Council Govt. of India<ref>{{Cite news |title=Pix Transmission Ltd. |work=Business Standard India |url=https://www.business-standard.com/company/pix-transmission-1648/information/company-history |access-date=2022-03-25}}</ref>
* Niryat Shree Award from the president of India<ref>{{Cite web |title=Pix Transmissions receives prestigious Niryat Shree award |url=https://www.ndtv.com/business/pix-transmissions-receives-prestigious-niryat-shree-award-48805 |access-date=2022-03-23 |website=NDTV.com}}</ref>

== References ==
{{Reflist}}

== External links ==

* {{Cite web |title=Pix Transmis Standalone December 2021 Net Sales at Rs 107.95 crore, up 4.42% Y-o-Y |url=https://www.moneycontrol.com/news/business/earnings/pix-transmis-standalone-december-2021-net-sales-at-rs-107-95-crore-up-4-42-y-o-y-8112871.html |access-date=2022-03-21 |website=Moneycontrol |date=16 February 2022 |language=en}}
* {{cite news |title=Pix Transmission Ltd. |work=Business Standard India |url=https://www.business-standard.com/company/pix-transmission-1648/information/company-history}}

[[Category:Companies based in Maharashtra]]
[[Category:Manufacturing companies based in Mumbai]]
[[Category:Manufacturing companies established in 1981]]
[[Category:Indian companies established in 1981]]
[[Category:Indian brands]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the National Stock Exchange of India]]

Pix Transmissions - Revision history

Realhimachal: creating the post w/ infobox