Cummins India

₹4,115As of Sun 8 Nov 2026, 12:00 UTC

NSE:CUMMINSINDIndustrials

Country India

PE (Fwd) 38.76

TSR 10Y CAGR 19.06%

Div yield 1.60%

ROE —

Specialty Industrial Machinery

Beta (5Y) 0.55

PE TTM 48.30

TSR TTM (4.05%)

Mkt cap ₹1.147T

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹4,572

11.11%

(80.86%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

121.4

Revenue₹B

—

61.71

77.72

90.00

103.9

121.4

136.3

18.44%

16.87

Revenue growth%

—

25.95

15.80

15.45

16.87

12.25

16.33

—

36.38

Gross margin%

—

32.83

32.23

35.32

36.05

36.38

36.36

35.32

21.27

Operating margin%

—

14.69

16.55

19.80

19.93

21.27

21.33

19.80

19.45

Net margin%

—

15.13

15.80

19.12

19.25

19.45

19.47

19.12

48.30

P/E ratio (avg)x

—

27.34

29.58

31.96

48.08

46.90

42.98

31.96

44.17

EV/EBITx

—

28.17

28.24

30.86

46.44

42.89

39.24

30.86

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

100

85.20

EPS₹

—

33.68

44.31

62.07

72.15

85.20

95.74

26.11%

—

18.09

EPS growth%

—

31.53

40.10

16.24

18.09

12.37

24.81

—

Bookvalue per sh₹

—

FCF per share₹

—

66.00

Dividend per sh₹

—

18.50

25.00

38.00

51.50

66.00

71.32

37.43%

—

1.60

Div yield (avg)%

—

2.01

1.91

1.92

1.48

1.65

1.73

1.91

77.46

Payout ratio%

—

54.92

56.43

61.22

71.38

77.46

74.49

61.22

277.2

Shares (diluted)M

—

277.2

◌277.2

—

Buyback yield%

—

◌—

—

D/E ratiox

—

100

1,141

Enterprise value₹B

—

255.3

363.3

549.9

961.7

1,108

1,141

44.32%

—

LT debt₹M

—

Peers (US$11.95B)

Cap (US$)

Bharat Heavy Electrica…

15.54B

50.49x

ABB India Limited

15.32B

48.04x

Siemens Limited

13.50B

38.14x

Crane Company

11.63B

34.55x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

884.4

112.9

Own earn%

—

Sh yield%

1.60

1.78

Owners

Insiders/Inst%

—

26.18

Short interest%

—

SBC / revenue%

0.05

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

15–21

$1 testx

—

Incr. ROIC%

—

Cummins India Limited engages in the design, manufacture, distribution, and service of engines, generator sets, and related technologies in India, Nepal, and Bhutan. The company operates through two segments, Engines and Lubes.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹121.4B

18.44%

1.00×

Cost of revenue

₹77.25B

16.84%

0.95×

Operating expenses

₹18.35B

13.15%

0.83×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m