Share Price and Basic Stock Data
Last Updated: January 2, 2026, 7:11 pm
| PEG Ratio | 2.71 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Cummins India Ltd operates in the engines industry, focusing on manufacturing engines and related technologies. The company reported a share price of ₹4,467 and a market capitalization of ₹1,23,894 Cr. For the financial year ending March 2025, total sales reached ₹10,339 Cr, an increase from ₹8,959 Cr in the previous fiscal year. The trailing twelve months (TTM) sales stood at ₹11,620 Cr, indicating a robust demand for its products. Quarterly sales data shows a consistent upward trend, with the latest reported sales for June 2025 at ₹2,907 Cr, up from ₹2,181 Cr in December 2022. This growth trajectory reflects a positive market response, driven by the company’s innovation and product diversification strategies. The sales growth is complemented by effective cost management, which is crucial in maintaining competitiveness in the engine manufacturing sector.
Profitability and Efficiency Metrics
Cummins India Ltd has demonstrated impressive profitability metrics, with a reported net profit of ₹1,906 Cr for the fiscal year ending March 2025, up from ₹1,661 Cr in the previous year. The company achieved an operating profit margin (OPM) of 20% for FY 2025, showcasing its ability to maintain profitability amidst rising operational costs. The return on equity (ROE) stood at 28.8%, indicating efficient use of shareholders’ funds, while return on capital employed (ROCE) rose to 37.6%, reflecting effective capital utilization. Furthermore, the interest coverage ratio (ICR) was an extraordinary 159.43x, suggesting that the company can comfortably meet its interest obligations. These metrics highlight Cummins’ operational efficiency and financial health, positioning it favorably within the industry against typical benchmarks.
Balance Sheet Strength and Financial Ratios
The balance sheet of Cummins India Ltd exhibits strong fundamentals, with total reserves reported at ₹7,283 Cr and negligible borrowings of ₹24 Cr. This demonstrates a conservative financial strategy with minimal reliance on debt, enhancing financial stability. The company’s current ratio stood at 3.10, well above the typical industry standard, indicating a robust liquidity position. Additionally, the price-to-book value (P/BV) ratio was recorded at 11.18x, suggesting a premium valuation compared to its net assets. The asset turnover ratio of 1.09 indicates efficient utilization of assets to generate revenue. Overall, Cummins’ balance sheet reflects a healthy financial structure, characterized by low leverage and high liquidity, which is crucial for sustaining growth and managing economic uncertainties.
Shareholding Pattern and Investor Confidence
Cummins India Ltd’s shareholding pattern reveals a stable ownership structure, with promoters holding 51% of the equity, which ensures strong control and alignment with long-term strategic goals. Foreign institutional investors (FIIs) increased their stake to 18.35%, reflecting growing confidence from international investors. Domestic institutional investors (DIIs) hold 21.73%, indicating solid domestic institutional support. The total number of shareholders has increased to 1,60,027, demonstrating heightened retail investor interest. This diversified ownership base enhances corporate governance and stability, as significant institutional holdings often lead to more disciplined management practices. However, the public holding remained relatively low at 8.82%, which might limit broader market participation in the stock.
Outlook, Risks, and Final Insight
Looking ahead, Cummins India Ltd is well-positioned to capitalize on the growing demand for engines and power generation solutions. However, potential risks include fluctuations in raw material prices and supply chain disruptions, which could impact profitability. Additionally, increasing competition in the engine manufacturing sector may exert pressure on margins. The company’s robust financial metrics, including a strong ICR and healthy profitability ratios, provide a buffer against these challenges. While the operational strengths suggest a positive outlook, maintaining innovation and managing costs will be critical. Overall, Cummins India Ltd’s strong fundamentals and strategic positioning could lead to sustained growth, provided it navigates market challenges effectively.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Swaraj Engines Ltd | 4,482 Cr. | 3,690 | 4,726/2,517 | 25.3 | 323 | 2.83 % | 56.2 % | 41.9 % | 10.0 |
| Kirloskar Oil Engines Ltd | 18,365 Cr. | 1,261 | 1,329/544 | 37.7 | 232 | 0.52 % | 13.7 % | 15.4 % | 2.00 |
| Greaves Cotton Ltd | 4,502 Cr. | 193 | 306/160 | 43.5 | 59.1 | 1.03 % | 5.13 % | 4.11 % | 2.00 |
| Cummins India Ltd | 1,24,255 Cr. | 4,482 | 4,615/2,580 | 55.8 | 265 | 1.15 % | 37.6 % | 28.8 % | 2.00 |
| Industry Average | 37,901.00 Cr | 2,406.50 | 40.58 | 219.78 | 1.38% | 28.16% | 22.55% | 4.00 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,951 | 2,181 | 1,926 | 2,209 | 1,900 | 2,534 | 2,316 | 2,304 | 2,492 | 3,086 | 2,457 | 2,907 | 3,170 |
| Expenses | 1,661 | 1,768 | 1,600 | 1,868 | 1,561 | 1,996 | 1,772 | 1,837 | 2,011 | 2,486 | 1,937 | 2,283 | 2,475 |
| Operating Profit | 291 | 412 | 326 | 341 | 339 | 538 | 544 | 467 | 481 | 600 | 520 | 624 | 695 |
| OPM % | 15% | 19% | 17% | 15% | 18% | 21% | 24% | 20% | 19% | 19% | 21% | 21% | 22% |
| Other Income | 85 | 104 | 131 | 117 | 132 | 112 | 204 | 132 | 161 | 121 | 212 | 197 | 196 |
| Interest | 5 | 3 | 7 | 8 | 7 | 6 | 6 | 5 | 3 | 3 | 5 | 3 | 3 |
| Depreciation | 35 | 34 | 37 | 36 | 38 | 42 | 42 | 44 | 45 | 48 | 46 | 48 | 49 |
| Profit before tax | 336 | 479 | 413 | 415 | 426 | 602 | 701 | 551 | 594 | 670 | 681 | 770 | 839 |
| Tax % | 25% | 25% | 23% | 24% | 23% | 24% | 20% | 24% | 24% | 23% | 23% | 23% | 24% |
| Net Profit | 252 | 360 | 318 | 316 | 329 | 455 | 562 | 420 | 451 | 514 | 521 | 589 | 638 |
| EPS in Rs | 9.10 | 12.99 | 11.49 | 11.39 | 11.85 | 16.41 | 20.26 | 15.14 | 16.26 | 18.54 | 18.81 | 21.26 | 23.00 |
Last Updated: January 2, 2026, 1:03 am
Below is a detailed analysis of the quarterly data for Cummins India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 3,170.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,907.00 Cr. (Jun 2025) to 3,170.00 Cr., marking an increase of 263.00 Cr..
- For Expenses, as of Sep 2025, the value is 2,475.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,283.00 Cr. (Jun 2025) to 2,475.00 Cr., marking an increase of 192.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 695.00 Cr.. The value appears strong and on an upward trend. It has increased from 624.00 Cr. (Jun 2025) to 695.00 Cr., marking an increase of 71.00 Cr..
- For OPM %, as of Sep 2025, the value is 22.00%. The value appears strong and on an upward trend. It has increased from 21.00% (Jun 2025) to 22.00%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is 196.00 Cr.. The value appears to be declining and may need further review. It has decreased from 197.00 Cr. (Jun 2025) to 196.00 Cr., marking a decrease of 1.00 Cr..
- For Interest, as of Sep 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 3.00 Cr..
- For Depreciation, as of Sep 2025, the value is 49.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 48.00 Cr. (Jun 2025) to 49.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 839.00 Cr.. The value appears strong and on an upward trend. It has increased from 770.00 Cr. (Jun 2025) to 839.00 Cr., marking an increase of 69.00 Cr..
- For Tax %, as of Sep 2025, the value is 24.00%. The value appears to be increasing, which may not be favorable. It has increased from 23.00% (Jun 2025) to 24.00%, marking an increase of 1.00%.
- For Net Profit, as of Sep 2025, the value is 638.00 Cr.. The value appears strong and on an upward trend. It has increased from 589.00 Cr. (Jun 2025) to 638.00 Cr., marking an increase of 49.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 23.00. The value appears strong and on an upward trend. It has increased from 21.26 (Jun 2025) to 23.00, marking an increase of 1.74.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:28 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,977 | 4,406 | 4,709 | 5,077 | 5,082 | 5,659 | 5,158 | 4,329 | 6,140 | 7,744 | 8,959 | 10,339 | 11,620 |
| Expenses | 3,280 | 3,674 | 3,934 | 4,276 | 4,345 | 4,795 | 4,567 | 3,729 | 5,260 | 6,502 | 7,197 | 8,271 | 9,182 |
| Operating Profit | 697 | 732 | 775 | 802 | 738 | 864 | 590 | 600 | 880 | 1,243 | 1,761 | 2,068 | 2,438 |
| OPM % | 18% | 17% | 16% | 16% | 15% | 15% | 11% | 14% | 14% | 16% | 20% | 20% | 21% |
| Other Income | 178 | 287 | 226 | 208 | 279 | 293 | 308 | 349 | 425 | 406 | 566 | 626 | 726 |
| Interest | 4 | 1 | 10 | 17 | 15 | 16 | 20 | 16 | 12 | 16 | 27 | 15 | 13 |
| Depreciation | 53 | 80 | 81 | 85 | 94 | 110 | 119 | 126 | 134 | 140 | 158 | 183 | 191 |
| Profit before tax | 818 | 937 | 910 | 908 | 908 | 1,030 | 759 | 808 | 1,159 | 1,492 | 2,143 | 2,496 | 2,960 |
| Tax % | 27% | 16% | 17% | 19% | 22% | 30% | 17% | 24% | 24% | 24% | 23% | 24% | |
| Net Profit | 600 | 786 | 754 | 735 | 708 | 723 | 629 | 618 | 887 | 1,130 | 1,661 | 1,906 | 2,262 |
| EPS in Rs | 21.65 | 28.35 | 27.21 | 26.50 | 25.56 | 26.07 | 22.70 | 22.29 | 31.99 | 40.76 | 59.91 | 68.75 | 81.61 |
| Dividend Payout % | 60% | 49% | 51% | 53% | 59% | 65% | 62% | 67% | 58% | 61% | 63% | 75% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 31.00% | -4.07% | -2.52% | -3.67% | 2.12% | -13.00% | -1.75% | 43.53% | 27.40% | 46.99% | 14.75% |
| Change in YoY Net Profit Growth (%) | 0.00% | -35.07% | 1.55% | -1.15% | 5.79% | -15.12% | 11.25% | 45.28% | -16.13% | 19.60% | -32.24% |
Cummins India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 15% |
| 3 Years: | 19% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 25% |
| 3 Years: | 35% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 53% |
| 3 Years: | 48% |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 23% |
| 3 Years: | 27% |
| Last Year: | 29% |
Last Updated: September 5, 2025, 2:25 am
Balance Sheet
Last Updated: December 4, 2025, 1:08 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 |
| Reserves | 2,510 | 2,831 | 3,426 | 3,687 | 3,931 | 4,075 | 4,120 | 4,351 | 4,797 | 5,313 | 6,108 | 6,963 | 7,283 |
| Borrowings | 0 | 0 | 0 | 251 | 252 | 309 | 504 | 33 | 412 | 373 | 120 | 30 | 24 |
| Other Liabilities | 1,208 | 1,435 | 1,009 | 1,048 | 1,294 | 1,414 | 1,275 | 1,257 | 1,540 | 1,771 | 2,215 | 2,558 | 2,621 |
| Total Liabilities | 3,773 | 4,322 | 4,490 | 5,041 | 5,531 | 5,854 | 5,954 | 5,697 | 6,805 | 7,512 | 8,498 | 9,606 | 9,984 |
| Fixed Assets | 919 | 1,234 | 1,289 | 1,500 | 2,019 | 2,013 | 2,264 | 2,185 | 2,204 | 2,222 | 2,295 | 2,364 | 2,366 |
| CWIP | 96 | 171 | 519 | 463 | 38 | 159 | 80 | 128 | 61 | 41 | 97 | 85 | 72 |
| Investments | 495 | 465 | 334 | 707 | 549 | 285 | 824 | 369 | 615 | 1,085 | 1,215 | 957 | 1,630 |
| Other Assets | 2,262 | 2,452 | 2,348 | 2,370 | 2,925 | 3,397 | 2,786 | 3,015 | 3,925 | 4,164 | 4,891 | 6,200 | 5,916 |
| Total Assets | 3,773 | 4,322 | 4,490 | 5,041 | 5,531 | 5,854 | 5,954 | 5,697 | 6,805 | 7,512 | 8,498 | 9,606 | 9,984 |
Below is a detailed analysis of the balance sheet data for Cummins India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 55.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 55.00 Cr..
- For Reserves, as of Sep 2025, the value is 7,283.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,963.00 Cr. (Mar 2025) to 7,283.00 Cr., marking an increase of 320.00 Cr..
- For Borrowings, as of Sep 2025, the value is 24.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 30.00 Cr. (Mar 2025) to 24.00 Cr., marking a decrease of 6.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 2,621.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,558.00 Cr. (Mar 2025) to 2,621.00 Cr., marking an increase of 63.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 9,984.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9,606.00 Cr. (Mar 2025) to 9,984.00 Cr., marking an increase of 378.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 2,366.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,364.00 Cr. (Mar 2025) to 2,366.00 Cr., marking an increase of 2.00 Cr..
- For CWIP, as of Sep 2025, the value is 72.00 Cr.. The value appears to be declining and may need further review. It has decreased from 85.00 Cr. (Mar 2025) to 72.00 Cr., marking a decrease of 13.00 Cr..
- For Investments, as of Sep 2025, the value is 1,630.00 Cr.. The value appears strong and on an upward trend. It has increased from 957.00 Cr. (Mar 2025) to 1,630.00 Cr., marking an increase of 673.00 Cr..
- For Other Assets, as of Sep 2025, the value is 5,916.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6,200.00 Cr. (Mar 2025) to 5,916.00 Cr., marking a decrease of 284.00 Cr..
- For Total Assets, as of Sep 2025, the value is 9,984.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,606.00 Cr. (Mar 2025) to 9,984.00 Cr., marking an increase of 378.00 Cr..
Notably, the Reserves (7,283.00 Cr.) exceed the Borrowings (24.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 697.00 | 732.00 | 775.00 | 551.00 | 486.00 | 555.00 | 86.00 | 567.00 | 468.00 | -372.00 | -119.00 | -28.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 78 | 73 | 69 | 95 | 82 | 80 | 91 | 74 | 75 | 85 | 81 |
| Inventory Days | 83 | 92 | 74 | 63 | 60 | 63 | 62 | 74 | 65 | 62 | 59 | 57 |
| Days Payable | 73 | 81 | 69 | 68 | 85 | 83 | 75 | 96 | 89 | 80 | 89 | 87 |
| Cash Conversion Cycle | 82 | 88 | 78 | 64 | 71 | 62 | 67 | 68 | 50 | 57 | 55 | 51 |
| Working Capital Days | 43 | 56 | 78 | 48 | 57 | 58 | 40 | 71 | 39 | 36 | 48 | 46 |
| ROCE % | 33% | 31% | 29% | 25% | 21% | 24% | 17% | 19% | 21% | 27% | 36% | 38% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Mid Cap Fund | 4,498,204 | 2.19 | 2014.88 | 4,448,204 | 2025-12-15 01:18:36 | 1.12% |
| ICICI Prudential Large Cap Fund | 1,544,669 | 0.89 | 691.9 | 1,741,559 | 2025-12-15 01:18:36 | -11.31% |
| Mirae Asset Large & Midcap Fund | 1,377,229 | 1.42 | 616.9 | N/A | N/A | N/A |
| Axis Midcap Fund | 1,336,705 | 1.86 | 598.75 | 2,800,715 | 2025-12-07 11:04:00 | -52.27% |
| Nippon India Growth Mid Cap Fund | 1,300,000 | 1.39 | 582.31 | N/A | N/A | N/A |
| Sundaram Mid Cap Fund | 1,237,533 | 4.15 | 554.33 | 1,273,753 | 2025-12-15 01:18:36 | -2.84% |
| Mirae Asset Midcap Fund | 988,689 | 2.41 | 442.86 | 1,237,830 | 2025-12-15 01:18:36 | -20.13% |
| Kotak Large & Midcap Fund | 900,000 | 1.35 | 403.14 | N/A | N/A | N/A |
| ICICI Prudential Business Cycle Fund | 824,014 | 2.35 | 369.1 | 1,112,655 | 2025-12-15 01:18:36 | -25.94% |
| Aditya Birla Sun Life ELSS Tax Saver Fund | 770,870 | 2.2 | 345.3 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 72.15 | 62.07 | 44.31 | 33.68 | 22.91 |
| Diluted EPS (Rs.) | 72.15 | 62.07 | 44.31 | 33.68 | 22.91 |
| Cash EPS (Rs.) | 69.20 | 58.97 | 41.93 | 35.29 | 23.42 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 272.78 | 238.54 | 207.73 | 185.60 | 167.80 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 272.78 | 238.54 | 207.73 | 185.60 | 167.80 |
| Revenue From Operations / Share (Rs.) | 374.84 | 324.68 | 280.38 | 222.62 | 157.29 |
| PBDIT / Share (Rs.) | 91.16 | 77.48 | 56.13 | 40.81 | 30.87 |
| PBIT / Share (Rs.) | 84.48 | 71.74 | 51.00 | 35.92 | 26.29 |
| PBT / Share (Rs.) | 83.91 | 70.69 | 49.90 | 40.25 | 25.68 |
| Net Profit / Share (Rs.) | 62.52 | 53.23 | 36.80 | 30.40 | 18.83 |
| NP After MI And SOA / Share (Rs.) | 72.15 | 62.07 | 44.31 | 33.68 | 22.91 |
| PBDIT Margin (%) | 24.31 | 23.86 | 20.01 | 18.33 | 19.62 |
| PBIT Margin (%) | 22.53 | 22.09 | 18.19 | 16.13 | 16.71 |
| PBT Margin (%) | 22.38 | 21.77 | 17.79 | 18.08 | 16.32 |
| Net Profit Margin (%) | 16.68 | 16.39 | 13.12 | 13.65 | 11.97 |
| NP After MI And SOA Margin (%) | 19.24 | 19.11 | 15.80 | 15.13 | 14.56 |
| Return on Networth / Equity (%) | 26.44 | 26.02 | 21.32 | 18.14 | 13.65 |
| Return on Capital Employeed (%) | 29.60 | 28.76 | 23.45 | 18.54 | 15.03 |
| Return On Assets (%) | 19.66 | 19.18 | 15.50 | 13.12 | 10.66 |
| Total Debt / Equity (X) | 0.00 | 0.01 | 0.06 | 0.07 | 0.00 |
| Asset Turnover Ratio (%) | 1.09 | 1.07 | 1.03 | 0.96 | 0.72 |
| Current Ratio (X) | 3.10 | 2.89 | 2.70 | 2.53 | 2.94 |
| Quick Ratio (X) | 2.66 | 2.43 | 2.22 | 2.11 | 2.43 |
| Inventory Turnover Ratio (X) | 10.64 | 5.19 | 5.57 | 5.56 | 4.13 |
| Dividend Payout Ratio (NP) (%) | 24.94 | 28.99 | 27.08 | 23.74 | 30.55 |
| Dividend Payout Ratio (CP) (%) | 22.83 | 26.54 | 24.27 | 20.73 | 25.45 |
| Earning Retention Ratio (%) | 75.06 | 71.01 | 72.92 | 76.26 | 69.45 |
| Cash Earning Retention Ratio (%) | 77.17 | 73.46 | 75.73 | 79.27 | 74.55 |
| Interest Coverage Ratio (X) | 159.43 | 78.38 | 95.81 | 93.03 | 51.06 |
| Interest Coverage Ratio (Post Tax) (X) | 110.35 | 54.91 | 64.70 | 59.41 | 32.14 |
| Enterprise Value (Cr.) | 82035.71 | 81968.98 | 44122.46 | 30121.05 | 24546.27 |
| EV / Net Operating Revenue (X) | 7.90 | 9.11 | 5.68 | 4.88 | 5.63 |
| EV / EBITDA (X) | 32.46 | 38.17 | 28.36 | 26.63 | 28.68 |
| MarketCap / Net Operating Revenue (X) | 8.14 | 9.26 | 5.81 | 5.05 | 5.85 |
| Retention Ratios (%) | 75.05 | 71.00 | 72.91 | 76.25 | 69.44 |
| Price / BV (X) | 11.18 | 12.61 | 7.84 | 6.05 | 5.48 |
| Price / Net Operating Revenue (X) | 8.14 | 9.26 | 5.81 | 5.05 | 5.85 |
| EarningsYield | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
After reviewing the key financial ratios for Cummins India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 72.15. This value is within the healthy range. It has increased from 62.07 (Mar 24) to 72.15, marking an increase of 10.08.
- For Diluted EPS (Rs.), as of Mar 25, the value is 72.15. This value is within the healthy range. It has increased from 62.07 (Mar 24) to 72.15, marking an increase of 10.08.
- For Cash EPS (Rs.), as of Mar 25, the value is 69.20. This value is within the healthy range. It has increased from 58.97 (Mar 24) to 69.20, marking an increase of 10.23.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 272.78. It has increased from 238.54 (Mar 24) to 272.78, marking an increase of 34.24.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 272.78. It has increased from 238.54 (Mar 24) to 272.78, marking an increase of 34.24.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 374.84. It has increased from 324.68 (Mar 24) to 374.84, marking an increase of 50.16.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 91.16. This value is within the healthy range. It has increased from 77.48 (Mar 24) to 91.16, marking an increase of 13.68.
- For PBIT / Share (Rs.), as of Mar 25, the value is 84.48. This value is within the healthy range. It has increased from 71.74 (Mar 24) to 84.48, marking an increase of 12.74.
- For PBT / Share (Rs.), as of Mar 25, the value is 83.91. This value is within the healthy range. It has increased from 70.69 (Mar 24) to 83.91, marking an increase of 13.22.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 62.52. This value is within the healthy range. It has increased from 53.23 (Mar 24) to 62.52, marking an increase of 9.29.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 72.15. This value is within the healthy range. It has increased from 62.07 (Mar 24) to 72.15, marking an increase of 10.08.
- For PBDIT Margin (%), as of Mar 25, the value is 24.31. This value is within the healthy range. It has increased from 23.86 (Mar 24) to 24.31, marking an increase of 0.45.
- For PBIT Margin (%), as of Mar 25, the value is 22.53. This value exceeds the healthy maximum of 20. It has increased from 22.09 (Mar 24) to 22.53, marking an increase of 0.44.
- For PBT Margin (%), as of Mar 25, the value is 22.38. This value is within the healthy range. It has increased from 21.77 (Mar 24) to 22.38, marking an increase of 0.61.
- For Net Profit Margin (%), as of Mar 25, the value is 16.68. This value exceeds the healthy maximum of 10. It has increased from 16.39 (Mar 24) to 16.68, marking an increase of 0.29.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 19.24. This value is within the healthy range. It has increased from 19.11 (Mar 24) to 19.24, marking an increase of 0.13.
- For Return on Networth / Equity (%), as of Mar 25, the value is 26.44. This value is within the healthy range. It has increased from 26.02 (Mar 24) to 26.44, marking an increase of 0.42.
- For Return on Capital Employeed (%), as of Mar 25, the value is 29.60. This value is within the healthy range. It has increased from 28.76 (Mar 24) to 29.60, marking an increase of 0.84.
- For Return On Assets (%), as of Mar 25, the value is 19.66. This value is within the healthy range. It has increased from 19.18 (Mar 24) to 19.66, marking an increase of 0.48.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. It has decreased from 0.01 (Mar 24) to 0.00, marking a decrease of 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.09. It has increased from 1.07 (Mar 24) to 1.09, marking an increase of 0.02.
- For Current Ratio (X), as of Mar 25, the value is 3.10. This value exceeds the healthy maximum of 3. It has increased from 2.89 (Mar 24) to 3.10, marking an increase of 0.21.
- For Quick Ratio (X), as of Mar 25, the value is 2.66. This value exceeds the healthy maximum of 2. It has increased from 2.43 (Mar 24) to 2.66, marking an increase of 0.23.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 10.64. This value exceeds the healthy maximum of 8. It has increased from 5.19 (Mar 24) to 10.64, marking an increase of 5.45.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 24.94. This value is within the healthy range. It has decreased from 28.99 (Mar 24) to 24.94, marking a decrease of 4.05.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 22.83. This value is within the healthy range. It has decreased from 26.54 (Mar 24) to 22.83, marking a decrease of 3.71.
- For Earning Retention Ratio (%), as of Mar 25, the value is 75.06. This value exceeds the healthy maximum of 70. It has increased from 71.01 (Mar 24) to 75.06, marking an increase of 4.05.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 77.17. This value exceeds the healthy maximum of 70. It has increased from 73.46 (Mar 24) to 77.17, marking an increase of 3.71.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 159.43. This value is within the healthy range. It has increased from 78.38 (Mar 24) to 159.43, marking an increase of 81.05.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 110.35. This value is within the healthy range. It has increased from 54.91 (Mar 24) to 110.35, marking an increase of 55.44.
- For Enterprise Value (Cr.), as of Mar 25, the value is 82,035.71. It has increased from 81,968.98 (Mar 24) to 82,035.71, marking an increase of 66.73.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 7.90. This value exceeds the healthy maximum of 3. It has decreased from 9.11 (Mar 24) to 7.90, marking a decrease of 1.21.
- For EV / EBITDA (X), as of Mar 25, the value is 32.46. This value exceeds the healthy maximum of 15. It has decreased from 38.17 (Mar 24) to 32.46, marking a decrease of 5.71.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 8.14. This value exceeds the healthy maximum of 3. It has decreased from 9.26 (Mar 24) to 8.14, marking a decrease of 1.12.
- For Retention Ratios (%), as of Mar 25, the value is 75.05. This value exceeds the healthy maximum of 70. It has increased from 71.00 (Mar 24) to 75.05, marking an increase of 4.05.
- For Price / BV (X), as of Mar 25, the value is 11.18. This value exceeds the healthy maximum of 3. It has decreased from 12.61 (Mar 24) to 11.18, marking a decrease of 1.43.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 8.14. This value exceeds the healthy maximum of 3. It has decreased from 9.26 (Mar 24) to 8.14, marking a decrease of 1.12.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Cummins India Ltd:
- Net Profit Margin: 16.68%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 29.6% (Industry Average ROCE: 28.16%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 26.44% (Industry Average ROE: 22.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 110.35
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.66
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 55.8 (Industry average Stock P/E: 40.58)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 16.68%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Engines | Cummins India Office Campus, Tower A, 5th Floor, Pune Maharashtra 411045 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Jennifer Mary Bush | Chairperson (NonExe. & NonInd.Director) |
| Ms. Shveta Arya | Managing Director |
| Mr. Cornelius O'Sullivan | Non Executive Director |
| Mr. Donald Jackson | Non Executive Director |
| Ms. Rekha | Independent Director |
| Ms. Lira Goswami | Independent Director |
| Mr. Sekhar Natarajan | Independent Director |
| Mr. Farokh N Subedar | Independent Director |
FAQ
What is the intrinsic value of Cummins India Ltd?
Cummins India Ltd's intrinsic value (as of 02 January 2026) is ₹3446.10 which is 23.11% lower the current market price of ₹4,482.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,24,255 Cr. market cap, FY2025-2026 high/low of ₹4,615/2,580, reserves of ₹7,283 Cr, and liabilities of ₹9,984 Cr.
What is the Market Cap of Cummins India Ltd?
The Market Cap of Cummins India Ltd is 1,24,255 Cr..
What is the current Stock Price of Cummins India Ltd as on 02 January 2026?
The current stock price of Cummins India Ltd as on 02 January 2026 is ₹4,482.
What is the High / Low of Cummins India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Cummins India Ltd stocks is ₹4,615/2,580.
What is the Stock P/E of Cummins India Ltd?
The Stock P/E of Cummins India Ltd is 55.8.
What is the Book Value of Cummins India Ltd?
The Book Value of Cummins India Ltd is 265.
What is the Dividend Yield of Cummins India Ltd?
The Dividend Yield of Cummins India Ltd is 1.15 %.
What is the ROCE of Cummins India Ltd?
The ROCE of Cummins India Ltd is 37.6 %.
What is the ROE of Cummins India Ltd?
The ROE of Cummins India Ltd is 28.8 %.
What is the Face Value of Cummins India Ltd?
The Face Value of Cummins India Ltd is 2.00.