Cummins India Ltd (CUMMINSIND)
₹5,600.50
Mkt cap
₹1.55L Cr
P/E ratio
64.00
P/B
18.30
Div yield
1.18%
ROE
30.20%
ROCE
39.50%
EPS (TTM)
₹87.51
Book value
₹306
52W range
3,529–6,028
Sector
Industrials
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]
Health check
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsBullish
52-week range
−7.08% from high₹5,601
₹3,529+58.68% from low₹6,028
Current
₹5,600.50
Prev close
₹5,602.00
Day
−0.03%
Price performance
1D
−0.03%
1W
+1.72%
1M
−0.74%
3M
+7.04%
6M
+39.28%
1Y
+56.23%
YTD
+24.95%
Financials
FRevenue, profit & margin
P/E ratio
64.0×
CUMMINSIND is 32% above the sector median of 48.5×
CUMMINSIND64.0×
Sector median48.5×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,934 | 2,218 | 1,922 | 2,541 | 2,319 | 2,316 | 2,509 | 3,096 | 2,470 | 2,907 | 3,170 | 3,055 | 3,011 | |
| Expenses | 1,604 | 1,876 | 1,575 | 1,999 | 1,781 | 1,842 | 2,025 | 2,499 | 1,945 | 2,283 | 2,475 | 2,420 | 2,369 | |
| Operating Profit | 330 | 342 | 346 | 543 | 539 | 473 | 484 | 598 | 525 | 624 | 695 | 634 | 642 | |
| OPM % | 17% | 15% | 18% | 21% | 23% | 20% | 19% | 19% | 21% | 21% | 22% | 21% | 21% | |
| Other Income | 159 | 155 | 128 | 153 | 186 | 171 | 157 | 168 | 217 | 212 | 181 | 46 | 263 | |
| Interest | 7 | 8 | 7 | 6 | 6 | 5 | 3 | 3 | 5 | 3 | 3 | 5 | 2 | |
| Depreciation | 38 | 36 | 38 | 42 | 42 | 44 | 45 | 49 | 46 | 48 | 49 | 50 | 51 | |
| Profit before tax | 444 | 453 | 429 | 647 | 676 | 595 | 594 | 714 | 690 | 785 | 824 | 626 | 852 | |
| Tax % | 21% | 22% | 23% | 23% | 20% | 22% | 24% | 22% | 23% | 23% | 24% | 22% | 24% | |
| Net Profit | 349 | 354 | 329 | 499 | 539 | 463 | 449 | 558 | 530 | 604 | 622 | 486 | 649 | |
| EPS in Rs | 12.59 | 12.76 | 11.87 | 18.00 | 19.44 | 16.69 | 16.21 | 20.15 | 19.10 | 21.79 | 22.45 | 17.53 | 23.43 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
5 Aug '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +1.15% · closed higher next day 33 of last 58
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 4 Aug '23 | 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 |
| Earnings day | −4.52% | −0.94% | +0.68% | −6.20% | +6.43% | +2.84% | +1.50% | +6.50% | +3.62% | −0.56% | +4.50% | +11.24% |
| +1 day | −6.87% | +0.07% | −0.68% | −7.39% | +5.86% | +1.33% | −1.69% | +9.81% | +3.22% | +0.77% | +3.95% | +8.54% |
| +5 days | −7.57% | +3.53% | +1.27% | −8.59% | +5.75% | −5.68% | −4.10% | +12.54% | +2.98% | −0.76% | +5.40% | +6.81% |
| +15 days | −8.67% | +10.56% | +5.45% | +1.70% | +6.04% | −1.19% | −6.96% | +8.78% | +4.15% | +3.78% | +18.10% | +8.11% |
| +30 days | −8.21% | +14.71% | +14.85% | +3.11% | +5.84% | −4.99% | +4.62% | +18.24% | +9.01% | +2.18% | +9.83% | +3.75% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 46 Per Share | 46.00 | 17 Jul '26 | 17 Jul '26 |
| dividend Interim Dividend - Rs 20 Per Share | 20.00 | 11 Feb '26 | 11 Feb '26 |
Shareholding
Sas of Jun 202651.00%Promoter
Promoters51.00%
FIIs21.19%0.42
DIIs19.06%0.37
Public8.65%0.03
Government0.10%
Ownership trend
Peers
P7 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 | ₹5,600.50 | 64.03 | 1,55,242 | 1.18% | 649 | +18.00% | 3,011 | +21.89% | 39.50% |
| Kirloskar Oil | ₹2,182.50 | 53.97 | 31,698 | 0.32% | 155 | +42.90% | 2,116 | +20.97% | 14.55% |
| Elgi Equipments | ₹577.30 | 47.00 | 18,298 | 0.47% | 128 | +25.49% | 1,113 | +12.06% | 22.07% |
| KSB | ₹866.05 | 54.80 | 15,084 | 0.51% | 40 | −22.87% | 601 | +0.99% | 24.70% |
| Kirl. Brothers | ₹1,836.10 | 37.02 | 14,593 | 0.38% | 112 | −6.26% | 1,415 | +10.44% | 20.35% |
| Ingersoll-Rand | ₹4,354.30 | 51.96 | 13,700 | 1.72% | 65 | −20.32% | 300 | −7.05% | 57.11% |
| Kirl.Pneumatic | ₹1,497.10 | 35.70 | 9,754 | 0.80% | 34 | +21.35% | 300 | +10.40% | 30.30% |
| Median: 14 Co. | ₹787.15 | 48.48 | 8,289 | 0.49% | 54 | +2.62% | 595 | +16.52% | 22.86% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bse
Concall transcripts53
TranscriptJun 2026TranscriptFeb 2026TranscriptNov 2025RECNov 2025TranscriptAug 2025TranscriptJun 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024TranscriptJun 2024TranscriptFeb 2024TranscriptNov 2023TranscriptAug 2023PPTAug 2023TranscriptMay 2023TranscriptFeb 2023TranscriptNov 2022TranscriptAug 2022PPTAug 2022TranscriptMay 2022TranscriptFeb 2022TranscriptNov 2021
Announcements5
Reg. 34 (1) Annual Report. 20 Jul - Errata updates FY2025-26 annual report export figures: 6,128 engines, 5,927 generator sets.Intimation Regarding Dispatch Of Letter Containing Web Link And QR Code Of Annual Report Pursuant To Regulation 36(1)(B) Of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015. 11 Jul - Cummins India dispatches FY26 annual report; AGM on Aug 6, final dividend ₹46/share, record date Jul 17.Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jul - Newspaper Publication - Notice of 65th AGM of the Company and related e-voting information.Business Responsibility and Sustainability Reporting (BRSR) 9 Jul - Cummins India filed FY2025-26 BRSR with independent assurance report.Reg. 34 (1) Annual Report. 9 Jul - Annual report FY2025-26 and 65th AGM scheduled for August 6, 2026 via VC/OAVM.