Cummins India Limited

Cummins India Limited

4,428.00
INR
-6.00
(-0.14%)
84.73EPS
66.76P/E
1.57TMarket Cap
Nov 04Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
140.66
174.27
165.91
179.93
179.71
200.74
183.83
154.67
218.51
275.66
319.62
368.66
431.09
440.22
Basic EPS, GAAP
21.65
27.85
26.02
26.56
25.68
26.79
25.45
22.91
33.68
44.31
62.07
72.15
85.2
84.73
Free Cash Flow per Basic Share
-3.99
8.74
7.34
18.14
15.9
9.75
12.36
24.26
20.2
23.72
35.97
52.55
53.48
- -
Dividend per Share
15.21
15.97
16.84
16.82
16.73
20.49
20.49
14
16
22.5
31
38
53.5
- -
Book Value per Share
92.54
121.15
130.19
139.65
148.58
154.51
158.8
167.8
185.6
207.73
238.54
272.78
305.74
- -
Tangible Book Value per Share
92.48
120.81
129.91
139.35
148.38
154.4
158.36
166.03
184.08
206.37
233.78
267.62
301.08
- -
Basic Weighted Avg Shares
277
277
277
277
277
277
277
277
277
277
277
277
277
277
Sales/Revenue/Turnover
38,991
48,308
45,992
49,876
49,816
55,646
50,959
42,875
60,570
76,414
88,600
102,192
119,497
122,031
Operating Margin (%)
16.52
15.09
15.19
14.49
12.93
13.7
9.3
11.12
12.34
14.49
18.19
18.54
20.06
18.96
Depreciation Expense
528
865
814
855
944
1,111
1,206
1,272
1,356
1,420
1,592
1,851
1,986
2,020
Net Income, GAAP
6,000
7,720
7,213
7,363
7,118
7,426
7,056
6,350
9,337
12,282
17,206
19,999
23,618
23,487
Effective Tax Rate (%)
26.6
18.96
21.39
22.28
23.18
30.53
12.62
23.03
22.64
22.82
21.96
22.87
23.47
22.96
Profit Margin (%)
15.39
15.98
15.68
14.76
14.29
13.35
13.85
14.81
15.42
16.07
19.42
19.57
19.76
19.25
Working Capital
9,927
14,495
13,883
14,722
17,741
18,944
18,147
21,469
26,688
32,081
38,853
47,500
56,705
- -
LT Debt
- -
- -
- -
- -
- -
- -
188
151
179
201
199
204
200
- -
Total Equity
25,652
33,581
36,089
38,711
41,186
42,830
44,020
46,514
51,450
57,582
66,123
75,614
84,752
- -
Return on Invested Capital (%)
19.02
19.94
15.43
14.31
12.46
11.68
8.21
7.29
13.4
14.46
19.55
20.48
21.94
- -
Return on Capital (%)
24.26
26.11
20.92
19.38
17.03
16.82
15.23
13.49
18.4
21.21
27.06
28.08
29.45
- -
Return on Common Equity (%)
24.23
26.07
20.71
19.69
17.82
17.68
16.25
14.03
19.06
22.53
27.82
28.22
29.45
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
165
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
200
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
277
277
277
Market Capitalization
1,228,509
1,247,497
1,567,926

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
81,102
- -
Cash, Cash Equivalents & STI
- -
39,341
- -
Accounts Receivable, Net
- -
27,543
- -
Inventories
- -
11,685
- -
Total Current Liabilities
- -
24,397
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
165
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.99%
12.76%
12.08%
Free Cash Flow
31.94%
20.05%
1.79%
Net Income, GAAP
14.11%
30.6%
18.09%
Sales/Revenue/Turnover
11.14%
23.13%
16.93%
Total Cash Common Dividend
- -
31.21%
40.79%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
22,739
24,651
30,522
24,281
102,192
2026
28,587
- -
30,062
29,632
119,497
2027
33,749
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
16.69
16.21
20.15
19.1
72.15
2026
21.79
- -
17.53
23.43
85.2
2027
21.98
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
38
2026
- -
- -
- -
- -
53.5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shveta Arya
Full Time Employees
5,178
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Cummins India Office Campus, Tower A & B, Survey No. 21, Balewadi Pune MH India 411045
IPO Date
Nov 3, 1994
Business
Cummins India Limited, a subsidiary of Cummins Inc., designs, manufactures and distributes diesel and natural gas engines, generator sets, power systems and related components and services; its Engine Business produces engines from 60 HP for low-, medium- and heavy-duty on-highway commercial vehicles and off-highway equipment as well as high-horsepower engines from 700 HP to 4500 HP for marine, railways, defense and mining applications; its Power Systems Business offers generator sets including diesel and natural gas variants for data centers, infrastructure, construction, agriculture and industrial uses; its Distribution Business provides parts, maintenance, aftermarket services and uptime solutions through over 120 dealership branches; and it supplies filtration, exhaust aftertreatment systems, powertrain components and hybrid technologies. Founded in 1962 and headquartered in Pune, Maharashtra, the company operates primarily in India with exports contributing significantly to revenue and a distribution network spanning more than 200 locations serving domestic and international markets in construction, mining, railways, marine and power generation sectors. Recent developments include the February 2025 acquisition of key assets from First Mode to enhance retrofit hybrid solutions for mining and rail decarbonization; expansion into data center power systems, battery energy storage and green technologies; receipt of a $2.1 million grant for hybrid haul truck development; launch of the "Power to Build" online platform for engine integration; and extensions to natural gas engine lines such as L9N and X15N amid robust demand from infrastructure capex and emission norm compliance.