Cummins India Ltd (CUMMINSIND)
₹4,452.60
Mkt cap
₹1.23L Cr
P/E ratio
50.60
P/B
14.55
Div yield
1.48%
ROE
30.20%
ROCE
39.50%
EPS (TTM)
₹88.00
Book value
₹306
52W range
3,883–6,100
Sector
Industrials
Price history
Previous close
Cummins India Ltd is a part of the Cummins Inc. Group USA. It designs, manufactures, distributes and services diesel and alternative fuel engines from 2.8 to 100 liters, diesel and alternative-fueled power generator sets of up to 3000 kW (3750 kVA), as well as related components and technology. [1]
NSE CUMMINSINDBSE 500480
Health check
Cautious
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−27.01% from high₹4,453
₹3,883+14.67% from low₹6,100
Current
₹4,452.60
Prev close
₹4,515.20
Day
−1.39%
Price performance
1D
−1.39%
1W
+2.50%
1M
−7.24%
3M
−17.48%
6M
−15.80%
1Y
+9.30%
YTD
−0.66%
Financials
Revenue, profit & margin
P/E ratio
50.6×
CUMMINSIND is 35% above the sector median of 37.4×
CUMMINSIND50.6×
Sector median37.4×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,218 | 1,922 | 2,541 | 2,319 | 2,316 | 2,509 | 3,096 | 2,470 | 2,907 | 3,170 | 3,055 | 3,011 | 3,426 | |
| Expenses | 1,876 | 1,575 | 1,999 | 1,781 | 1,842 | 2,025 | 2,499 | 1,945 | 2,283 | 2,475 | 2,420 | 2,369 | 2,810 | |
| Operating Profit | 342 | 346 | 543 | 539 | 473 | 484 | 598 | 525 | 624 | 695 | 634 | 642 | 616 | |
| OPM % | 15% | 18% | 21% | 23% | 20% | 19% | 19% | 21% | 21% | 22% | 21% | 21% | 18% | |
| Other Income | 155 | 128 | 153 | 186 | 171 | 157 | 168 | 217 | 212 | 181 | 46 | 263 | 227 | |
| Interest | 8 | 7 | 6 | 6 | 5 | 3 | 3 | 5 | 3 | 3 | 5 | 2 | 4 | |
| Depreciation | 36 | 38 | 42 | 42 | 44 | 45 | 49 | 46 | 48 | 49 | 50 | 51 | 53 | |
| Profit before tax | 453 | 429 | 647 | 676 | 595 | 594 | 714 | 690 | 785 | 824 | 626 | 852 | 787 | |
| Tax % | 22% | 23% | 23% | 20% | 22% | 24% | 22% | 23% | 23% | 24% | 22% | 24% | 23% | |
| Net Profit | 354 | 329 | 499 | 539 | 463 | 449 | 558 | 530 | 604 | 622 | 486 | 649 | 609 | |
| EPS in Rs | 12.76 | 11.87 | 18.00 | 19.44 | 16.69 | 16.21 | 20.15 | 19.10 | 21.79 | 22.45 | 17.53 | 23.43 | 21.98 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
4 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +1.17% · closed higher next day 34 of last 59
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 8 Nov '23◦ | 8 Feb '24◦ | 30 May '24 | 7 Aug '24 | 8 Nov '24 | 6 Feb '25 | 28 May '25◦ | 7 Aug '25◦ | 6 Nov '25◦ | 4 Feb '26◦ | 27 May '26 | 5 Aug '26◦ |
| Earnings day | −0.94% | +0.68% | −6.20% | +6.43% | +2.84% | +1.50% | +6.50% | +3.62% | −0.56% | +4.50% | +11.24% | −0.70% |
| +1 day | +0.07% | −0.68% | −7.39% | +5.86% | +1.33% | −1.69% | +9.81% | +3.22% | +0.77% | +3.95% | +8.54% | −0.26% |
| +5 days | +3.53% | +1.27% | −8.59% | +5.75% | −5.68% | −4.10% | +12.54% | +2.98% | −0.76% | +5.40% | +6.81% | −2.30% |
| +15 days | +10.56% | +5.45% | +1.70% | +6.04% | −1.19% | −6.96% | +8.78% | +4.15% | +3.78% | +18.10% | +8.11% | −4.60% |
| +30 days | +14.71% | +14.85% | +3.11% | +5.84% | −4.99% | +4.62% | +18.24% | +9.01% | +2.18% | +9.83% | +3.75% | −6.26% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 46 Per Share | 46.00 | 17 Jul '26 | 17 Jul '26 |
Shareholding
as of Sep 202651.00%Promoter
Promoters51.00%
FIIs19.47%1.72
DIIs20.82%1.76
Public8.70%0.05
Government0.00%0.10
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Cummins India | ₹4,452.60 | 50.59 | 1,23,426 | 1.48% | 609 | +2.54% | 3,426 | +17.86% | 39.50% |
| Kirloskar Oil | ₹1,796.10 | 45.88 | 26,145 | 0.39% | 111 | −17.08% | 2,000 | +13.49% | 14.55% |
| Elgi Equipments | ₹509.05 | 34.77 | 16,132 | 0.53% | 103 | +27.00% | 1,062 | +22.56% | 22.07% |
| Kirl. Brothers | ₹1,601.80 | 31.07 | 12,720 | 0.44% | 75 | +6.70% | 1,277 | +24.23% | 20.35% |
| Ingersoll-Rand | ₹4,028.30 | 46.31 | 12,717 | 1.86% | 70 | +19.46% | 379 | +20.34% | 57.11% |
| KSB | ₹651.10 | 43.24 | 11,332 | 0.68% | 57 | −18.75% | 691 | +3.60% | 24.70% |
| Kirl.Pneumatic | ₹538.45 | 26.79 | 6,998 | 1.11% | 40 | −27.80% | 320 | −15.45% | 30.30% |
| Median: 14 Co. | ₹594.78 | 37.38 | 5,822 | 0.48% | 56 | +4.62% | 663 | +19.10% | 22.86% |
Filings
Annual reports15
Concall transcripts54
TranscriptAug 2026TranscriptJun 2026TranscriptFeb 2026TranscriptNov 2025RECNov 2025TranscriptAug 2025TranscriptJun 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024TranscriptJun 2024TranscriptFeb 2024TranscriptNov 2023TranscriptAug 2023PPTAug 2023TranscriptMay 2023TranscriptFeb 2023TranscriptNov 2022TranscriptAug 2022PPTAug 2022TranscriptMay 2022TranscriptFeb 2022
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 Oct - Intimation regarding schedule of investors and analysts results conference call for the quarter and half-year ended September 30, 2026.Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 28 Oct - Jaipur GST authority levies ₹5.19 crore demand and ₹5.19 crore penalty for 2020-21 to 2023-24.Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Oct - Copy of newspaper publication regarding intimation to shareholders for proposed Postal Ballot.Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 16 OctShareholder Meeting / Postal Ballot-Scrutinizer"s Report 16 Oct






