Cummins India Limited, Fundamental analysis

Cummins India Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Capital Goods-Non Electrical Equipment
Variance Full Year Net Profit Variance	22
Equity Latest Equity	55.44
Face Value Latest Face Value	2
Reserves Total Reserve	8419.72
Dividend Full Year Dividend %	3300
Sales Turnover Full Year Net Sales	12143.19
Net Profit Full Year Net Profit	2424.66
Full Year CPS Full Year Cash Per Share	94.6
Earning Per Share Full Year Earning Per Share	87.5
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	2963.2
Previous EPS Previous earnings per share	0
Book Value Book value	305.7
Networth Full Year Return on Networth	29.45
Price/Book Value Price to Book value	18.295715
Yearly PE ratio Full Year Price to Earning per share	63.9
Yearly PC ratio Full Year Price to Cash Per Share	59.1
Bse value BSE Value in lakhs	758.46
Nse value NSE Value in lakhs	38500.7
High 52 week high	6143
Low 52 week low	3484
Price NSE Current market price	5592
CPM Current market price	5593

Market cap BSE / NSE Market Cap	155047.66
Net profit Latest Quarter Net Profit	624.8
Net profit variance Latest Quarter Net Profit variance	18
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	9520.63
TTM OP Trailing Twelve 12 month Operating Profit	-587.87
TTM OPM Trailing Twelve 12 month Operating Profit Margin	-6.17
TTM GP Trailing Twelve 12 month Gross Profit	3284.51
TTM GPM Trailing Twelve 12 month Gross Profit Margin	27.05
TTM NP Trailing Twelve 12 month Net Profit	1951.04
TTM NPV Trailing Twelve 12 month Net Profit Variane	21.7
TTM EPS Trailing Twelve 12 month EPS	87.47
TTM PE Trailing Twelve 12 month PE	63.95
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	173.97
Equity Latest Equity	55.44
LTP Latest Price (BSE/NSE)	5593
Gross block Latest Gross Block	3934.41
Loans Total loans	36.51
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	21.3
Year GPM Full Year Gross Profit Margin	27.7
Quarter OPM Latest quater Operation Profit Margin	20.6

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	2,274	2,465	3,052	2,428	2,859	3,122	3,006	2,963
YOY Sales Growth %	4%	30%	22%	7%	26%	27%	-2%	22%
Gross Sales	2,274	2,465	3,052	2,428	2,859	3,122	3,006	2,963
Other Operating Income	42	44	44	42	48	49	49	48
+ Expenses	1,801	1,981	2,455	1,903	2,235	2,427	2,498	2,321
Material Cost %	61%	66%	46%	61%	68%	57%	55%	57%
Raw Material Cost	1,323	1,539	1,625	1,423	1,776	1,804	1,676	1,707
Change in Inventory	74	94	-209	58	159	-11	-22	-20
Manufacturing Cost %	10%	9%	8%	10%	9%	8%	15%	8%
Employee Cost %	8%	8%	8%	7%	7%	6%	7%	7%
Other Cost %	-0%	-3%	18%	1%	-5%	5%	7%	6%
Raw Materials %	58%	62%	53%	59%	62%	58%	56%	58%
Purchase of Finished Goods %	8%	6%	6%	7%	7%	6%	7%	7%
Stock Adjustments %	-3%	-4%	7%	-2%	-6%	0%	1%	1%
Other Manufacturing Expenses %	10%	9%	8%	10%	9%	8%	15%	8%
Operating Profit	473	484	598	525	624	695	508	642
OPM %	21%	20%	20%	22%	22%	22%	17%	22%
+ Other Income	171	157	168	217	212	181	173	263
Miscellaneous Income	171	157	168	217	212	181	173	263
Exceptional Income	0	0	0	0	13	0	0	32
Interest	5	3	3	5	3	3	5	2
Depreciation	44	45	49	46	48	49	50	51
Profit before tax	595	594	714	690	785	824	626	852
+ Tax %	22%	24%	22%	23%	23%	24%	22%	24%
Current Tax	131	145	159	161	180	199	146	193
Deferred Tax	1	-1	-4	0	0	2	-7	9
+ Net Profit	463	449	558	530	604	622	486	649
Extraordinary Income / Expense	0	0	0	0	13	0	-127	32
Exceptional Item	0	0	0	0	13	0	-127	32
Net Profit After Minority Interest	463	449	558	530	604	622	486	649
EPS in Rs	16.69	16.21	20.15	19.10	21.79	22.45	17.53	23.43

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	5,458	5,190	5,697	5,191	4,360	6,171	7,772	9,000	10,391	12,143
Sales Growth %		-5%	10%	-9%	-16%	42%	26%	16%	15%	17%
Gross Sales	4,607	4,873	5,565	5,096	4,287	6,057	7,641	8,860	10,219	11,950
Excise Duty	351	79	0	0	0	0	0	0	0	0
Other Operating Income	119	131	133	96	73	114	131	140	171	193
+ Expenses	4,589	4,477	4,828	4,622	3,778	5,283	6,539	7,232	8,311	9,642
Material Cost %	60%	63%	64%	65%	63%	67%	67%	64%	63%	63%
Raw Material Cost	3,262	3,224	3,660	3,335	2,784	4,146	5,349	5,753	6,611	7,774
Change in Inventory	20	41	-40	37	-21	-39	-127	18	-17	-106
Manufacturing Cost %	3%	3%	3%	3%	3%	3%	2%	4%	4%	5%
Employee Cost %	8%	10%	10%	11%	12%	10%	8%	9%	8%	7%
Other Cost %	13%	11%	9%	10%	9%	7%	6%	3%	5%	5%
Raw Materials %	60%	62%	64%	64%	64%	67%	69%	64%	64%	64%
Purchase of Finished Goods %	10%	13%	17%	14%	10%	9%	10%	10%	7%	7%
Stock Adjustments %	-0%	-1%	1%	-1%	0%	1%	2%	-0%	0%	1%
Power & Fuel %	1%	1%	1%	1%	0%	0%	0%	0%	0%	0%
Other Manufacturing Expenses %	2%	2%	2%	2%	2%	2%	2%	4%	4%	4%
Selling & Administration %	6%	6%	6%	7%	6%	5%	4%	2%	2%	2%
Miscellaneous Expenses %	2%	3%	2%	3%	2%	2%	2%	1%	3%	3%
Operating Profit	869	714	869	569	582	888	1,233	1,768	2,080	2,501
OPM %	16%	14%	15%	11%	13%	14%	16%	20%	20%	21%
+ Other Income	141	303	328	380	387	467	516	623	714	796
Miscellaneous Income	208	285	328	380	387	467	516	623	714	829
Exceptional Income	0	56	0	0	0	132	0	0	0	45
Interest	17	15	17	21	17	12	16	27	16	12
Depreciation	85	94	111	121	127	136	142	159	185	199
Profit before tax	908	908	1,069	807	825	1,207	1,591	2,205	2,593	3,086
+ Tax %	21%	24%	31%	13%	23%	23%	23%	22%	23%	23%
Current Tax	194	205	307	159	188	258	357	495	597	719
Deferred Tax	-7	10	19	-57	2	15	6	-11	-4	5
+ Net Profit	816	708	743	706	635	934	1,228	1,721	2,000	2,362
Profit Growth %		-4%	5%	-5%	-10%	47%	32%	40%	16%	18%
Extraordinary Income / Expense	0	56	0	-20	0	132	-14	-2	0	-82
Exceptional Item	0	56	0	-20	0	132	-14	-2	0	-82
Profit / Loss of Associates	81	0	0	0	0	0	0	0	0	0
Net Profit After Minority Interest	736	712	743	706	635	934	1,228	1,721	2,000	2,362
EPS in Rs	22.62	25.68	26.79	25.45	22.91	33.68	44.31	62.07	72.15	85.20

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	55	55	55	55	55	55	55	55	55	55
Reserves	3,816	4,063	4,228	4,347	4,596	5,090	5,703	6,557	7,506	8,420
+ Borrowings	252	257	313	512	40	418	376	127	30	37
Secured Borrowings	1	0	0	0	0	0	0	0	0	0
Unsecured Borrowings	251	257	313	512	40	418	376	127	30	37
+ Other Liabilities	1,091	1,339	1,465	1,282	1,265	1,549	1,784	2,231	2,577	2,793
Current Liabilities	1,111	1,364	1,397	1,193	1,203	1,479	1,676	2,088	2,397	2,575
Provisions	142	152	170	157	148	146	137	164	172	239
Other liability items	90	75	104	131	102	111	149	194	242	273
Total Liabilities	5,214	5,715	6,060	6,196	5,956	7,112	7,919	8,971	10,168	11,304
+ Fixed Assets	1,502	2,021	2,015	2,270	2,189	2,209	2,226	2,302	2,364	2,383
Gross Block	2,254	2,851	2,950	3,239	3,207	3,320	3,437	3,609	3,772	3,934
Accumulated Depreciation	753	830	935	969	1,018	1,111	1,211	1,306	1,408	1,551
CWIP	463	39	159	80	128	61	41	97	85	98
Investments	862	709	468	1,038	599	892	1,457	1,642	1,482	2,153
+ Other Assets	2,387	2,947	3,418	2,809	3,041	3,951	4,194	4,930	6,238	6,670
Inventories	570	544	633	577	564	738	904	950	1,004	1,168
Trade receivables	964	1,338	1,284	1,146	1,088	1,258	1,597	2,085	2,278	2,754
Cash Equivalents	129	471	738	465	965	1,427	1,386	1,513	2,510	2,374
Loans n Advances	472	471	567	455	352	454	205	268	346	321
Other asset items	252	123	197	166	72	74	103	114	100	52
Total Assets	5,214	5,715	6,060	6,196	5,956	7,112	7,919	8,971	10,168	11,304

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	748	632	553	601	789	712	820	1,285	1,683	1,734
Profit from Operations	898	855	1,026	750	771	1,032	1,428	1,970	2,330	2,864
Working Capital Changes	37	-39	-235	13	101	-66	-256	-184	-72	-503
Profit Before Tax & Extraordinary Items	843	927	1,069	807	825	1,207	1,591	2,205	2,593	3,086
Depreciation	85	94	111	121	127	136	142	159	185	199
Interest (Net)	-1	-3	-36	-37	-59	-47	-58	-93	-153	-176
Dividend Received	-26	-29	-3	0	0	0	0	0	0	0
Profit / Loss on Sale of Investments	0	0	-24	-31	-24	-18	-44	-52	-46	-75
Provisions & Write-offs (Net)	2	3	3	13	-1	-7	1	1	6	0
Profit / Loss in Forex	3	-4	1	-13	-7	-12	-14	-14	5	-2
Receivables	-32	-369	49	149	58	-169	-363	-521	-238	-460
Inventories	37	25	-88	56	13	-173	-166	-46	-84	-146
Trade Payables	58	146	69	-150	31	273	174	285	178	58
Direct Taxes Paid	-187	-183	-237	-162	-84	-255	-352	-501	-575	-626
+ Cash from Investing Activity	-483	-134	15	-202	25	-574	87	-248	-578	26
Purchase of Fixed Assets	-245	-191	-283	-258	-116	-152	-162	-288	-226	-252
Sale of Fixed Assets	13	99	9	21	2	222	8	6	8	4
Purchase of Investments	-366	0	0	-507	0	-228	-426	-78	-4,205	-4,790
Sale of Investments	0	158	287	0	479	0	0	0	4,500	4,245
Interest Received	18	14	34	58	40	59	74	121	169	189
Dividend Received	93	96	61	75	97	45	112	190	180	217
Others	4	-310	-93	409	-477	-519	482	-198	-1,060	413
+ Cash from Financing Activity	-226	-470	-525	-412	-873	-82	-687	-1,134	-1,168	-1,495
Proceeds from Other Long-Term Borrowings	0	0	56	177	0	374	0	0	0	0
Repayment of Long-Term Borrowings	0	0	0	0	-469	0	-45	-250	-100	0
Repayment of Financial Liabilities	0	0	0	-5	-4	-5	-6	-7	-9	-9
Dividend Paid	-466	-464	-568	-568	-388	-444	-624	-859	-1,053	-1,483
Interest Paid	-9	-10	-13	-16	-12	-8	-13	-18	-6	-3
Others	249	5	0	0	0	0	0	0	0	0
Net Cash Flow	39	28	43	-14	-60	56	219	-97	-63	265