PIX Transmissions (NSE:PIXTRANS) ROCE %: 16.83% (As of Mar. 2026)


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 ROCE %?

PIX Transmissions NSE:PIXTRANS +11.37% 90 ROCE % is 16.83% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. PIX Transmissions's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.83%.

PIX Transmissions  (NSE:PIXTRANS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

PIX Transmissions ROCE % Related Terms

PIX Transmissions ROCE % Historical Data

* Premium members only.

The historical data trend for PIX Transmissions's ROCE % 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 ROCE % Chart

PIX Transmissions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.98 19.82 21.69 25.43 20.85

PIX Transmissions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 19.06 21.70 18.88 26.49 16.83
NSE:PIXTRANS
90GF Score
PIX Transmissions Ltd NSE:PIXTRANS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PIX Transmissions ROCE % Calculation

PIX Transmissions's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1471.5/( ( (7304.793 - 684.694) + (8298.757 - 805.272) )/ 2 )
=1471.5/( (6620.099+7493.485)/ 2 )
=1471.5/7056.792
=20.85 %

PIX Transmissions's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1261.26/( ( (0 - 0) + (8298.757 - 805.272) )/ 1 )
=1261.26/( ( 0 + 7493.485 )/ 1 )
=1261.26/7493.485
=16.83 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 16.83% mean?
PIX Transmissions (NSE:PIXTRANS) has a ROCE % of 16.83% as of Mar. 2026.
Is PIX Transmissions' ROCE % too high?
PIX Transmissions' current ROCE % is 16.83%. The Industrial Products industry median ROCE % is 7.08. PIX Transmissions' value of 16.83% is 137.7% above this industry median. 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' ROCE % compare to GEV and ETN?
PIX Transmissions' ROCE % of 16.83% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. PIX Transmissions' value of 16.83% is 137.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.08, based on 3,026 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PIX Transmissions's current ROCE % of 16.83% is 137.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PIX Transmissions's current ROCE % is 16.83%. 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 ROCE % is 16.83% and 137.7% above the Industrial Products industry median of 7.08. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For PIX Transmissions (NSE:PIXTRANS), the current ROCE % is 16.83% 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:

  • ROCE %: 16.83%
  • 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: 137.7% above the Industrial Products median

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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ROCE % 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