PIX Transmissions (NSE:PIXTRANS) Net Margin %: 11.84% (As of Mar. 2026) — 18% Below Median


NSE:PIXTRANS PIX Transmissions Ltd NSE:PIXTRANS
90 GF Score
Price ₹1,796.10
GF Value ₹1,572.14
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PIX Transmissions Net Margin %?

PIX Transmissions NSE:PIXTRANS +11.37% 90 Net Margin % is 11.84% as of Mar. 2026, which is 18% below its 10-year median of 14.41. GuruFocus rates NSE:PIXTRANS with a GF Score™ of 90/100 and a GF Value™ of ₹1,572.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,033 Industrial Products companies, PIX Transmissions ranks better than 92.81% on this metric.

Net margin is calculated as Net Income divided by its Revenue. PIX Transmissions's Net Income for the three months ended in Mar. 2026 was ₹202 Mil. PIX Transmissions's Revenue for the three months ended in Mar. 2026 was ₹1,708 Mil. Therefore, PIX Transmissions's net margin for the quarter that ended in Mar. 2026 was 11.84%.

The historical rank and industry rank for PIX Transmissions's Net Margin % or its related term are showing as below:

NSE:PIXTRANS' s Net Margin % Range Over the Past 10 Years
Min: 6.48   Med: 14.41   Max: 19.02
Current: 18.36


NSE:PIXTRANS's Net Margin % is ranked better than
92.81% of 3033 companies
in the Industrial Products industry
Industry Median: 4.54 vs NSE:PIXTRANS: 18.36

PIX Transmissions  (NSE:PIXTRANS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


PIX Transmissions Net Margin % Related Terms


PIX Transmissions Net Margin % Historical Data

* Premium members only.

The historical data trend for PIX Transmissions's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PIX Transmissions Net Margin % Chart

PIX Transmissions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.36 13.46 16.95 19.02 18.36

PIX Transmissions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.91 22.92 16.96 23.32 11.84

NSE:PIXTRANS vs GEV, ETN, PH: Net Margin % Comparison

For the Specialty Industrial Machinery subindustry, PIX Transmissions's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PIX Transmissions Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PIX Transmissions's Net Margin % distribution charts can be found below:

* The bar in red indicates where PIX Transmissions's Net Margin % falls into.


NSE:PIXTRANS
90GF Score
PIX Transmissions Ltd NSE:PIXTRANS
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PIX Transmissions Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

PIX Transmissions's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1068.872/5823.147
=18.36 %

PIX Transmissions's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=202.201/1707.716
=11.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 11.84% mean?
PIX Transmissions (NSE:PIXTRANS) has a Net Margin % of 11.84% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on PIX Transmissions and its competitors. This is 18% below median its historical median of 14.41. Over the past decade, PIX Transmissions' Net Margin % has ranged from 6.48 to 19.02. According to the industry distribution chart, PIX Transmissions ranks #218 out of 3033 companies in the Industrial Products industry, placing it in the top 7.2%.
Is PIX Transmissions' Net Margin % too high?
PIX Transmissions' current Net Margin % of 11.84% is 18% below median its 10-year median of 14.41. Over the past 10 years, this metric has ranged from a low of 6.48 to a high of 19.02. The Industrial Products industry median Net Margin % is 4.54. PIX Transmissions' value of 11.84% is 160.8% above this industry median. Based on the distribution chart, PIX Transmissions ranks #218 out of 3033 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, PIX Transmissions has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PIX Transmissions' Net Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, PIX Transmissions ranks #218 out of 3033 companies for Net Margin %. This places PIX Transmissions in the top 7% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.54. PIX Transmissions' value of 11.84% is 160.8% above this benchmark. Historically, PIX Transmissions' own Net Margin % has ranged from 6.48 to 19.02 over the past decade. While the company's 10-year median is 14.41 vs. the industry median of 4.54, PIX Transmissions has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,033 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PIX Transmissions's current Net Margin % of 11.84% is 160.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on PIX Transmissions and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PIX Transmissions's current Net Margin % is 11.84%, which is 18% below median its own 10-year median of 14.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIX Transmissions stock overvalued right now?
Based on GuruFocus' analysis, PIX Transmissions (NSE:PIXTRANS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,572.14, compared to a current price of ₹1,796.10 — trading 14.2% above its estimated fair value. The current Net Margin % is 11.84%, which is 18% below median its 10-year median of 14.41 and 160.8% above the Industrial Products industry median of 4.54. PIX Transmissions' overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For PIX Transmissions (NSE:PIXTRANS), the current Net Margin % is 11.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PIX Transmissions (NSE:PIXTRANS) Overvalued in 2026?

Based on GuruFocus' analysis, PIX Transmissions stock appears to be overvalued. The current stock price of ₹1,796.10 is trading 14.2% above its estimated GF Value™ of ₹1,572.14. GuruFocus considers PIX Transmissions to be Modestly Overvalued.

Key valuation signals for NSE:PIXTRANS:

  • Net Margin %: 11.84% (18% below median its 10-year median of 14.41)
  • GF Value™: ₹1,572.14 vs. price of ₹1,796.10 (14.2% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 160.8% above the Industrial Products median (#218 of 3033)

No single metric tells the full story. See the NSE:PIXTRANS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PIX Transmissions Business Description

Other Exchanges 500333:India
Address One BKC, Bandra-Kurla Complex, 12th Floor, Unit No. 1208, B Wing, Bandra (East), Mumbai, MH, IND, 400051
PIX Transmissions Ltd is engaged in the manufacturing of belts and related mechanical power transmission products in India. The company offers belt products for various sectors such as industrial, agricultural, lawn and garden, automotive, and special applications. It also offers other belts such as Ribbed / Poly-V Belts, Banded Belts, Industrial Belts, Agriculture Belts, and Others. The products of the company are sold both in the domestic and export markets, of which the exports generate maximum revenue.
90GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,796.10
Price
₹1,572.14
GF Value