FIRST MULTIBAGGER PICK PIX TRANSMISSIONS FOR BLOGGER

Multibagger pick Pix Transmissions
First given by me @65 last year.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Pix Transmissions Ltd., is the leading manufacturer of Belts and
related mechanical Power Transmission products in India. The Company
features state-of-the-art Belt manufacturing units as well as a
completely automated Rubber Mixing facility in Nagpur.
πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯
PIX Transmissions Ltd. enjoys significant brand equity in the Power
Transmissions industry, with strong local as well global presence. The
company has overseas subsidiary operations in Europe, and Middle-East,
in addition to over 250 committed Channel Partners in over 100
countries worldwide.
ISO/TS 16949:2009, ISO 14001, and OHSAS 18001
ATEX certification from Germany, for its entire range of
fire-resistant antistatic (FRAS) Belts.
Prestigious ‘Niryat Shree’ award conferred by the President of India
for achieving outstanding performance in the Export for products
related to our Industry.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Special awards from several Business Associations and Governmental
agencies in recognition for best Export performance, consistently for
the past several years.
(Source:Website)
⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️
Financial Performance
Current market cap:184 cr
Book value
2015:106
2016 :112
2017:123
Book value growth : 16 %
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Sales
2015:203 cr
2016:217cr
2017:236 cr
Sales Growth : 16 %
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Ebidta
2015:35 cr
2016:33 cr
2017:49 cr
Ebidta growth: 40%
πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯
Net profit
2015 :3.45 cr
2016 : 3.66 cr
2017 : 14.7 cr
Net profit growth: 326%
πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯
Eps
2015:2.34
2016:2.38
2017 : 12
Eps growth :400%
If same rate of eps growth is maintained then we can see 20 plus eps in 2018.
πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯
Market cap to sales ration each year increasing.
COMPANY has paid 40 percent average dividend in last 3 years.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
COMPANY has generated huge reserves in last 3 years from 140 to 151 cr now.

COMPANY is increasing fixed assets which is equal to market cap from 139 to 173.
Which resulted in improvements in operation.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Interests payment is going down each year from 19 cr to 14 cr.
Last 5 years cash flow from operations is always positive.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
PROMOTERS have 61 percent holding while INSTITUTIONAL holding negligible
πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯
COMPANY credit rating awarded A3 by care.
Last year highest traded pe was 20 but currently trading at pe of 12.
If It traded at pe of 20 then price should be 240.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Last year highest trading price to book was 1.25 but currently at 1.07

LAST YEAR EV to EBIDTA was 7 but currently 5.5.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
COMPANY has huge client base in india as well as outside India.
Some of Big names like L&T, Tata, Reliance, Indian government also.
I am expecting Pix transmission 300 plus in 2018.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
DISCLAIMER :I am holding the stock

Author: Atul singh stock market analyst

My aim is to generate awareness among investors and to protect them from being trapped.

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