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.
Management |
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Name | Position Held |
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Mr. Steven M Chapman | Chairman |
Mr. Ashwath Ram | Managing Director |
Mr. Donald Jackson | Non Executive Director |
Mr. Jennifer Mary Bush | Non Executive Director |
Mr. Bonnie Jean Fetch | Non Executive Director |
Mr. Rajeev Bakshi | Independent Director |
Mr. Nasser M Munjee | Independent Director |
Ms. Rama Bijapurkar | Independent Director |
Ms. Rekha | Independent Director |
Ms. Lira Goswami | Independent Director |
Cummins India Ltd. Share Price Update |
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Share Price | Value |
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Today | ₹1,932.85 |
Previous Day | ₹1,953.85 |
Basic Stock Data of Cummins India Ltd
Market Cap | 54,220 Cr. |
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Current Price | 1,956 |
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High / Low | 1,988/1,350 |
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Stock P/E | 41.0 |
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Book Value | 204 |
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Dividend Yield | 1.29 % |
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ROCE | 26.8 % |
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ROE | 21.6 % |
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Face Value | 2.00 |
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Cummins India Ltd Quarterly Results
Month | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
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Sales | 1,160 | 1,424 | 1,247 | 1,184 | 1,727 | 1,735 | 1,494 | 1,687 | 1,951 | 2,181 | 1,926 | 2,209 | 1,900 |
Expenses | 993 | 1,183 | 1,079 | 1,036 | 1,468 | 1,464 | 1,287 | 1,473 | 1,661 | 1,768 | 1,600 | 1,868 | 1,561 |
Operating Profit | 167 | 242 | 167 | 149 | 259 | 270 | 207 | 214 | 291 | 412 | 326 | 341 | 339 |
OPM % | 14% | 17% | 13% | 13% | 15% | 16% | 14% | 13% | 15% | 19% | 17% | 15% | 18% |
Other Income | 58 | 98 | 112 | 187 | 69 | 87 | 77 | 86 | 85 | 104 | 131 | 117 | 132 |
Interest | 4 | 5 | 3 | 2 | 2 | 3 | 5 | 2 | 5 | 3 | 7 | 8 | 7 |
Depreciation | 33 | 32 | 31 | 31 | 34 | 35 | 35 | 34 | 35 | 34 | 37 | 36 | 38 |
Profit before tax | 189 | 304 | 245 | 303 | 293 | 320 | 244 | 264 | 336 | 479 | 413 | 415 | 426 |
Tax % | 23% | 23% | 24% | 22% | 25% | 25% | 22% | 25% | 25% | 25% | 23% | 24% | 23% |
Net Profit | 146 | 234 | 186 | 237 | 220 | 241 | 189 | 199 | 252 | 360 | 318 | 316 | 329 |
EPS in Rs | 5.25 | 8.44 | 6.70 | 8.54 | 7.93 | 8.69 | 6.82 | 7.17 | 9.10 | 12.99 | 11.49 | 11.39 | 11.85 |
Cummins India Ltd Quarterly Chart
Cummins India Ltd Profit & Loss
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
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Sales | 4,117 | 4,589 | 3,977 | 4,406 | 4,709 | 5,077 | 5,082 | 5,659 | 5,158 | 4,329 | 6,140 | 7,744 | 8,215 |
Expenses | 3,420 | 3,754 | 3,280 | 3,674 | 3,934 | 4,276 | 4,345 | 4,795 | 4,567 | 3,729 | 5,260 | 6,502 | 6,797 |
Operating Profit | 697 | 835 | 697 | 732 | 775 | 802 | 738 | 864 | 590 | 600 | 880 | 1,243 | 1,417 |
OPM % | 17% | 18% | 18% | 17% | 16% | 16% | 15% | 15% | 11% | 14% | 14% | 16% | 17% |
Other Income | 175 | 268 | 178 | 287 | 226 | 208 | 279 | 293 | 308 | 349 | 425 | 406 | 484 |
Interest | 5 | 5 | 4 | 1 | 10 | 17 | 15 | 16 | 20 | 16 | 12 | 16 | 24 |
Depreciation | 42 | 47 | 53 | 80 | 81 | 85 | 94 | 110 | 119 | 126 | 134 | 140 | 145 |
Profit before tax | 825 | 1,051 | 818 | 937 | 910 | 908 | 908 | 1,030 | 759 | 808 | 1,159 | 1,492 | 1,733 |
Tax % | 28% | 27% | 27% | 16% | 17% | 19% | 22% | 30% | 17% | 24% | 24% | 24% | |
Net Profit | 591 | 764 | 600 | 786 | 754 | 735 | 708 | 723 | 629 | 618 | 887 | 1,130 | 1,323 |
EPS in Rs | 21.33 | 27.57 | 21.65 | 28.35 | 27.21 | 26.50 | 25.56 | 26.07 | 22.70 | 22.29 | 31.99 | 40.76 | 47.72 |
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
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Compounded Sales Growth |
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10 Years:: | 5% |
5 Years:: | 9% |
3 Years:: | 15% |
TTM:: | 20% |
Cummins India Ltd Growth
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Compounded Profit Growth |
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10 Years:: | 5% |
5 Years:: | 11% |
3 Years:: | 21% |
TTM:: | 48% |
Cummins India Ltd Growth
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Stock Price CAGR |
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10 Years:: | 16% |
5 Years:: | 20% |
3 Years:: | 51% |
1 Year:: | 34% |
Cummins India Ltd Growth
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Return on Equity |
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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
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
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Cash from Operating Activity | 442 | 529 | 361 | 498 | 692 | 746 | 634 | 550 | 599 | 788 | 707 | 811 |
Cash from Investing Activity | 8 | -219 | 55 | -56 | -214 | -482 | -133 | 16 | -202 | 25 | -574 | 87 |
Cash from Financing Activity | -351 | -359 | -426 | -423 | -468 | -225 | -473 | -523 | -411 | -872 | -77 | -684 |
Net Cash Flow | 100 | -49 | -9 | 19 | 10 | 39 | 29 | 43 | -14 | -60 | 56 | 214 |
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Cummins India Ltd Financial Efficiency Indicators
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
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Debtor Days | 60 | 68 | 72 | 78 | 73 | 69 | 95 | 82 | 80 | 91 | 74 | 75 |
Inventory Days | 78 | 67 | 83 | 92 | 74 | 63 | 60 | 63 | 62 | 74 | 65 | 62 |
Days Payable | 71 | 69 | 73 | 81 | 69 | 68 | 85 | 83 | 75 | 96 | 89 | 80 |
Cash Conversion Cycle | 67 | 66 | 82 | 88 | 78 | 64 | 71 | 62 | 67 | 68 | 50 | 57 |
Working Capital Days | 42 | 40 | 43 | 56 | 78 | 66 | 75 | 78 | 74 | 73 | 62 | 53 |
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 Name | No of Shares | AUM (%) | Amount Invested (Cr) |
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Kotak Emerging Equity Fund - Regular Plan | 5863399 | 2.93 | 994.61 |
SBI Blue Chip Fund | 3009438 | 1.29 | 510.49 |
HDFC Mid-Cap Opportunities Fund - Regular Plan | 2955623 | 1.03 | 501.36 |
Axis Midcap Fund | 2800715 | 2.1 | 475.09 |
SBI Long Term Equity Fund | 2763190 | 2.89 | 468.72 |
Kotak Equity Opportunities Fund - Regular Plan | 1825000 | 2 | 309.57 |
Sundaram Mid Cap Fund | 1305221 | 2.52 | 221.4 |
Sundaram Mid Cap Fund - Institutional Plan | 1305221 | 2.52 | 221.4 |
ICICI Prudential Multicap Fund | 1115704 | 2.14 | 189.26 |
Franklin India Focused Equity Fund | 1078697 | 1.92 | 182.98 |
Cummins India Ltd ROCE Trend
Cummins India Ltd EPS Trend
Cummins India Ltd Key Financial Ratios
Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
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FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Basic EPS (Rs.) | 44.31 | 33.68 | 22.91 | 25.45 | 26.79 |
Diluted EPS (Rs.) | 44.31 | 33.68 | 22.91 | 25.45 | 26.79 |
Cash EPS (Rs.) | 41.93 | 35.29 | 23.42 | 25.39 | 27.46 |
Book Value[Excl.RevalReserv]/Share (Rs.) | 207.73 | 185.60 | 167.80 | 158.80 | 154.51 |
Book Value[Incl.RevalReserv]/Share (Rs.) | 207.73 | 185.60 | 167.80 | 158.80 | 154.51 |
Revenue From Operations / Share (Rs.) | 280.38 | 222.62 | 157.29 | 187.28 | 205.53 |
PBDIT / Share (Rs.) | 56.13 | 40.81 | 30.87 | 30.54 | 39.83 |
PBIT / Share (Rs.) | 51.00 | 35.92 | 26.29 | 26.19 | 35.82 |
PBT / Share (Rs.) | 49.90 | 40.25 | 25.68 | 24.72 | 35.22 |
Net Profit / Share (Rs.) | 36.80 | 30.40 | 18.83 | 21.04 | 23.45 |
NP After MI And SOA / Share (Rs.) | 44.31 | 33.68 | 22.91 | 25.45 | 26.79 |
PBDIT Margin (%) | 20.01 | 18.33 | 19.62 | 16.30 | 19.37 |
PBIT Margin (%) | 18.19 | 16.13 | 16.71 | 13.98 | 17.42 |
PBT Margin (%) | 17.79 | 18.08 | 16.32 | 13.19 | 17.13 |
Net Profit Margin (%) | 13.12 | 13.65 | 11.97 | 11.23 | 11.40 |
NP After MI And SOA Margin (%) | 15.80 | 15.13 | 14.56 | 13.59 | 13.03 |
Return on Networth / Equity (%) | 21.32 | 18.14 | 13.65 | 16.02 | 17.33 |
Return on Capital Employeed (%) | 23.45 | 18.54 | 15.03 | 15.68 | 21.93 |
Return On Assets (%) | 15.50 | 13.12 | 10.66 | 11.38 | 12.25 |
Total Debt / Equity (X) | 0.06 | 0.07 | 0.00 | 0.11 | 0.07 |
Asset Turnover Ratio (%) | 1.06 | 0.96 | 0.72 | 0.85 | 0.97 |
Current Ratio (X) | 2.70 | 2.53 | 2.94 | 2.16 | 2.23 |
Quick Ratio (X) | 2.22 | 2.11 | 2.43 | 1.79 | 1.82 |
Inventory Turnover Ratio (X) | 5.67 | 5.56 | 4.13 | 4.33 | 4.63 |
Dividend Payout Ratio (NP) (%) | 27.08 | 23.74 | 30.55 | 66.78 | 63.45 |
Dividend Payout Ratio (CP) (%) | 24.27 | 20.73 | 25.45 | 57.03 | 55.19 |
Earning Retention Ratio (%) | 72.92 | 76.26 | 69.45 | 33.22 | 36.55 |
Cash Earning Retention Ratio (%) | 75.73 | 79.27 | 74.55 | 42.97 | 44.81 |
Interest Coverage Ratio (%) | 95.81 | 93.03 | 51.06 | 40.28 | 65.84 |
Interest Coverage Ratio (Post Tax) (%) | 64.70 | 59.41 | 32.14 | 29.70 | 39.76 |
Enterprise Value (Cr.) | 44122.46 | 30121.05 | 24546.27 | 9047.57 | 20227.33 |
EV / Net Operating Revenue (X) | 5.68 | 4.88 | 5.63 | 1.74 | 3.55 |
EV / EBITDA (X) | 28.36 | 26.63 | 28.68 | 10.69 | 18.32 |
MarketCap / Net Operating Revenue (X) | 5.81 | 5.05 | 5.85 | 1.74 | 3.63 |
Retention Ratios (%) | 72.91 | 76.25 | 69.44 | 33.21 | 36.54 |
Price / BV (X) | 7.84 | 6.05 | 5.48 | 2.05 | 4.82 |
Price / Net Operating Revenue (X) | 5.81 | 5.05 | 5.85 | 1.74 | 3.63 |
EarningsYield | 0.02 | 0.02 | 0.02 | 0.07 | 0.03 |
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.