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Fundamental Analysis of Cummins India Ltd

About the Company - Cummins India Ltd

Cummins India Ltd. is a Public Limited Listed company incorporated on 17/02/1962 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29112PN1962PLC012276 and registration number is 012276. Currently Company is involved in the business activities of Manufacture of general purpose machinery. Company’s Total Operating Revenue is Rs. 6140.40 Cr. and Equity Capital is Rs. 55.44 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
EnginesCummins India Office Campus, Pune Maharashtra 411045cil.investors@cummins.com
http://www.cumminsindia.com
Management
NamePosition Held
Mr. Steven M ChapmanChairman
Mr. Ashwath RamManaging Director
Mr. Donald JacksonNon Executive Director
Mr. Jennifer Mary BushNon Executive Director
Mr. Bonnie Jean FetchNon Executive Director
Mr. Rajeev BakshiIndependent Director
Mr. Nasser M MunjeeIndependent Director
Ms. Rama BijapurkarIndependent Director
Ms. RekhaIndependent Director
Ms. Lira GoswamiIndependent Director

Cummins India Ltd. Share Price Update

Share PriceValue
Today₹1,932.85
Previous Day₹1,953.85

Basic Stock Data of Cummins India Ltd

Market Cap 54,220 Cr.
Current Price 1,956
High / Low1,988/1,350
Stock P/E41.0
Book Value 204
Dividend Yield1.29 %
ROCE26.8 %
ROE21.6 %
Face Value 2.00

Cummins India Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales1,1601,4241,2471,1841,7271,7351,4941,6871,9512,1811,9262,2091,900
Expenses9931,1831,0791,0361,4681,4641,2871,4731,6611,7681,6001,8681,561
Operating Profit167242167149259270207214291412326341339
OPM %14%17%13%13%15%16%14%13%15%19%17%15%18%
Other Income58981121876987778685104131117132
Interest4532235253787
Depreciation33323131343535343534373638
Profit before tax189304245303293320244264336479413415426
Tax %23%23%24%22%25%25%22%25%25%25%23%24%23%
Net Profit146234186237220241189199252360318316329
EPS in Rs5.258.446.708.547.938.696.827.179.1012.9911.4911.3911.85

Cummins India Ltd Quarterly Chart

Cummins India Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales4,1174,5893,9774,4064,7095,0775,0825,6595,1584,3296,1407,7448,215
Expenses3,4203,7543,2803,6743,9344,2764,3454,7954,5673,7295,2606,5026,797
Operating Profit6978356977327758027388645906008801,2431,417
OPM %17%18%18%17%16%16%15%15%11%14%14%16%17%
Other Income175268178287226208279293308349425406484
Interest5541101715162016121624
Depreciation42475380818594110119126134140145
Profit before tax8251,0518189379109089081,0307598081,1591,4921,733
Tax %28%27%27%16%17%19%22%30%17%24%24%24%
Net Profit5917646007867547357087236296188871,1301,323
EPS in Rs21.3327.5721.6528.3527.2126.5025.5626.0722.7022.2931.9940.7647.72
Dividend Payout %52%47%60%49%51%53%59%65%62%67%58%61%

Cummins India Ltd Profit & Loss Yearly Chart

Cummins India Ltd Growth

Compounded Sales Growth
10 Years::5%
5 Years::9%
3 Years::15%
TTM::20%

Cummins India Ltd Growth

Compounded Profit Growth
10 Years::5%
5 Years::11%
3 Years::21%
TTM::48%

Cummins India Ltd Growth

Stock Price CAGR
10 Years::16%
5 Years::20%
3 Years::51%
1 Year::34%

Cummins India Ltd Growth

Return on Equity
10 Years::19%
5 Years::17%
3 Years::18%
Last Year::22%

No data available for the Balance Sheet data table.

Cummins India Ltd Reserves and Borrowings Chart

Cummins India Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 442529361498692746634550599788707811
Cash from Investing Activity 8-21955-56-214-482-13316-20225-57487
Cash from Financing Activity -351-359-426-423-468-225-473-523-411-872-77-684
Net Cash Flow100-49-91910392943-14-6056214

Cummins India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days606872787369958280917475
Inventory Days786783927463606362746562
Days Payable716973816968858375968980
Cash Conversion Cycle676682887864716267685057
Working Capital Days424043567866757874736253
ROCE %39%42%33%31%29%25%21%24%17%19%21%27%

Cummins India Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Cummins India Ltd Shareholding Pattern Chart

No. of Cummins India Ltd Shareholders

Cummins India Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Kotak Emerging Equity Fund - Regular Plan58633992.93994.61
SBI Blue Chip Fund30094381.29510.49
HDFC Mid-Cap Opportunities Fund - Regular Plan29556231.03501.36
Axis Midcap Fund28007152.1475.09
SBI Long Term Equity Fund27631902.89468.72
Kotak Equity Opportunities Fund - Regular Plan18250002309.57
Sundaram Mid Cap Fund13052212.52221.4
Sundaram Mid Cap Fund - Institutional Plan13052212.52221.4
ICICI Prudential Multicap Fund11157042.14189.26
Franklin India Focused Equity Fund10786971.92182.98

Cummins India Ltd ROCE Trend

Cummins India Ltd EPS Trend

Cummins India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)44.3133.6822.9125.4526.79
Diluted EPS (Rs.)44.3133.6822.9125.4526.79
Cash EPS (Rs.)41.9335.2923.4225.3927.46
Book Value[Excl.RevalReserv]/Share (Rs.)207.73185.60167.80158.80154.51
Book Value[Incl.RevalReserv]/Share (Rs.)207.73185.60167.80158.80154.51
Revenue From Operations / Share (Rs.)280.38222.62157.29187.28205.53
PBDIT / Share (Rs.)56.1340.8130.8730.5439.83
PBIT / Share (Rs.)51.0035.9226.2926.1935.82
PBT / Share (Rs.)49.9040.2525.6824.7235.22
Net Profit / Share (Rs.)36.8030.4018.8321.0423.45
NP After MI And SOA / Share (Rs.)44.3133.6822.9125.4526.79
PBDIT Margin (%)20.0118.3319.6216.3019.37
PBIT Margin (%)18.1916.1316.7113.9817.42
PBT Margin (%)17.7918.0816.3213.1917.13
Net Profit Margin (%)13.1213.6511.9711.2311.40
NP After MI And SOA Margin (%)15.8015.1314.5613.5913.03
Return on Networth / Equity (%)21.3218.1413.6516.0217.33
Return on Capital Employeed (%)23.4518.5415.0315.6821.93
Return On Assets (%)15.5013.1210.6611.3812.25
Total Debt / Equity (X)0.060.070.000.110.07
Asset Turnover Ratio (%)1.060.960.720.850.97
Current Ratio (X)2.702.532.942.162.23
Quick Ratio (X)2.222.112.431.791.82
Inventory Turnover Ratio (X)5.675.564.134.334.63
Dividend Payout Ratio (NP) (%)27.0823.7430.5566.7863.45
Dividend Payout Ratio (CP) (%)24.2720.7325.4557.0355.19
Earning Retention Ratio (%)72.9276.2669.4533.2236.55
Cash Earning Retention Ratio (%)75.7379.2774.5542.9744.81
Interest Coverage Ratio (%)95.8193.0351.0640.2865.84
Interest Coverage Ratio (Post Tax) (%)64.7059.4132.1429.7039.76
Enterprise Value (Cr.)44122.4630121.0524546.279047.5720227.33
EV / Net Operating Revenue (X)5.684.885.631.743.55
EV / EBITDA (X)28.3626.6328.6810.6918.32
MarketCap / Net Operating Revenue (X)5.815.055.851.743.63
Retention Ratios (%)72.9176.2569.4433.2136.54
Price / BV (X)7.846.055.482.054.82
Price / Net Operating Revenue (X)5.815.055.851.743.63
EarningsYield0.020.020.020.070.03

Cummins India Ltd Profitability Ratios (%)

Cummins India Ltd Liquidity Ratios

Cummins India Ltd Liquidity Ratios (%)

Cummins India Ltd Interest Coverage Ratios (%)

Cummins India Ltd Valuation Ratios

Fair Value of Cummins India Ltd Stock

Fair Value: ₹1829.93

The stock is overvalued by 6.45% compared to the current price ₹1956

*Investments are subject to market risks

Strength and Weakness of Cummins India Ltd Stock

Unable to fetch valid data for stock valuation.