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| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net worth | 596.10 | 492.69 | 417.99 | 364.81 | 299.57 | 236.28 | 213.69 | 188.98 | 170.52 | 151.48 |
| Fixed assets | 266.78 | 276.13 | 273.34 | 258.71 | 225.79 | 219.48 | 198.80 | 186.74 | 174.16 | 172.71 |
| Debt | 35.38 | 44.03 | 72.15 | 117.18 | 71.18 | 100.93 | 113.37 | 104.68 | 128.00 | 125.33 |
View detailed balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 108.04 | 136.61 | 112.05 | 55.41 | 58.11 | 52.33 | 47.13 | 31.20 | 27.16 | 63.99 |
| Investing | -77.50 | -87.60 | -22.31 | -72.25 | -16.24 | -27.62 | -33.71 | -13.53 | -14.99 | -25.78 |
| Financing | -27.08 | -45.86 | -68.76 | 31.16 | -43.40 | -19.36 | -10.46 | -24.59 | -12.82 | -30.42 |
PIX manufactures belts and related mechanical power transmission products, including industrial, agricultural, and automotive belts, lawn mower belts, pulleys, bushes, and accessory kits.
The company serves both domestic and international markets through subsidiaries based in the UK, Germany, and the Middle East, with exports contributing over 50% of its total turnover.
The Group comprises four subsidiaries, including step-down subsidiaries, as reflected in its consolidated financial statements.
PIX was incorporated in 1981, became a Public Limited Company on September 27, 1989, and completed its IPO on December 4, 1989. Its shares are listed on BSE and NSE.
PIX holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and IATF 16949:2016 certifications for quality assurance, environmental management, occupational safety, and automotive quality compliance.
