
Cummins India Latest Share Price (CUMMINSIND)
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CUMMINSIND fell 1.9% on above-average volume (2.2x avg), lagging Nifty's 0.1% move, supported by recent strong earnings.
With a market cap of ₹1.42 L Cr., it trades at a P/E of 59.84. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Cummins India flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 22.7% YoY
- ●Quarterly OutperformanceLatest quarter Sales up 21.9% and Profit up 18.0%
- ●High Capital EfficiencyROCE of 39.5% indicating pricing power
- ●Strong Return on EquityHealthy ROE of 30.2%
- ●Healthy Operating MarginsOPM is structurally strong at 21.4%
- ●High Promoter HoldingPromoters hold 51.0% skin-in-the-game
- ●Steady Dividend YieldReliable 1.26% dividend yield
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Expensive ValuationTrading at a high P/E ratio of 66.4x
Latest Cummins India News
What changed recently?
Recent events, corporate actions, and announcements.
Cummins India Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Cummins India Limited, framed against the sector median so the premium or discount is obvious at a glance.
Cummins India Limited trades at a P/E of 59.84× and P/B of 16.72×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Cummins India Limited technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Cummins India Limited — derived from the latest tape, not yesterday's close.
Cummins India Limited last traded at ₹5,107.5 with an intraday range of ₹5,092–₹5,218 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹5107.50| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 5438.33 | +330.83 | +6.48% |
| R3 | 5312.33 | +204.83 | +4.01% |
| R2 | 5265.17 | +157.67 | +3.09% |
| R1 | 5186.33 | +78.83 | +1.54% |
| PIVOT | 5139.17 | 31.67 | 0.62% |
| CURRENT | 5107.50 | — | — |
| S1 | 5060.33 | -47.17 | -0.92% |
| S2 | 5013.17 | -94.33 | -1.85% |
| S3 | 4934.33 | -173.17 | -3.39% |
| S4 | 4808.33 | -299.17 | -5.86% |
CUMMINSIND is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹5116–₹5218
Trading Below opening range, showing Bearishness
Cummins India Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Cummins India Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
Cummins India Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1.42 L Cr. and reported EPS of ₹85.61.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 10,391 | 12,143 ▲ 16.9% |
| Sales Growth YoY %Derived | 15.45% | 16.87% |
| Other Income | 447 | 517 ▲ 15.8% |
| Total Income | 10,838 | 12,661 ▲ 16.8% |
| 6,595 | 7,669 ▲ 16.3% | |
| Gross ProfitDerived | 3,796 | 4,475 ▲ 17.9% |
| Gross Margin %Derived | 36.53% | 36.85% |
| 1,716 | 1,880 ▲ 9.6% | |
| EBITDA (Operating Profit)Derived | 2,080 | 2,595 ▲ 24.8% |
| OPM %Derived | 20.02% | 21.37% |
| 201 | 129 ▼ 35.6% | |
| Profit Before Tax (PBT) | 2,326 | 2,820 ▲ 21.2% |
| 593 | 724 ▲ 22.2% | |
| Effective Tax %Derived | 25.49% | 25.68% |
| Total Profit for Period | 2,000 | 2,362 ▲ 18.1% |
| Less: Non-controlling Interests | — | — |
| Net Profit (Owner's PAT)Derived | 2,000 | 2,362 ▲ 18.1% |
| Net Profit Margin %Derived | 19.25% | 19.45% |
| PAT Growth YoY %Derived | 16.24% | 18.09% |
| Earnings Per Share (EPS ₹) | 72.15 | 85.20 ▲ 18.1% |
| Diluted Shares Outstanding (Cr) | 28 | 28 ▲ 0.0% |
| Share of Profit from Associates/JVs | 267 | 266 ▼ 0.2% |
| Other Comprehensive Income (Net of Tax) | -13 | 21 ▲ 262.2% |
| Total Expenses (incl. D&A & Interest) | 8,512 | 9,841 ▲ 15.6% |
| Material Cost % of RevenueDerived | 56.89% | 57.35% |
| Employee Cost % of RevenueDerived | 7.68% | 6.54% |
| Other Cost % of RevenueDerived | 8.84% | 8.94% |
| Interest Coverage (x)Derived | 119.56x | 193.10x |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 5,190 | 5,697 ▲ 9.8% | 5,191 ▼ 8.9% | 4,360 ▼ 16.0% | 6,171 ▲ 41.5% | 7,772 ▲ 25.9% | 9,000 ▲ 15.8% | 10,391 ▲ 15.4% | 12,143 ▲ 16.9% | |
| Sales Growth YoY %Derived | — | 9.77% | -8.88% | -16.01% | 41.53% | 25.95% | 15.80% | 15.45% | 16.87% | |
| Other Income | 161 | 235 ▲ 45.7% | 257 ▲ 9.5% | 274 ▲ 6.3% | 243 ▼ 11.2% | 308 ▲ 26.7% | 378 ▲ 22.7% | 447 ▲ 18.2% | 517 ▲ 15.8% | |
| Total Income | 5,352 | 5,932 ▲ 10.8% | 5,449 ▼ 8.1% | 4,634 ▼ 15.0% | 6,414 ▲ 38.4% | 8,080 ▲ 26.0% | 9,378 ▲ 16.1% | 10,838 ▲ 15.6% | 12,661 ▲ 16.8% | |
3,264 | 3,620 ▲ 10.9% | 3,372 ▼ 6.9% | 2,764 ▼ 18.0% | 4,107 ▲ 48.6% | 5,223 ▲ 27.2% | 5,771 ▲ 10.5% | 6,595 ▲ 14.3% | 7,669 ▲ 16.3% | ||
| Gross ProfitDerived | 1,926 | 2,077 ▲ 7.9% | 1,820 ▼ 12.4% | 1,596 ▼ 12.3% | 2,064 ▲ 29.3% | 2,550 ▲ 23.5% | 3,229 ▲ 26.7% | 3,796 ▲ 17.5% | 4,475 ▲ 17.9% | |
| Gross Margin %Derived | 37.11% | 36.46% | 35.05% | 36.62% | 33.44% | 32.80% | 35.88% | 36.53% | 36.85% | |
1,193 | 1,208 ▲ 1.3% | 1,230 ▲ 1.8% | 1,014 ▼ 17.6% | 1,176 ▲ 15.9% | 1,302 ▲ 10.7% | 1,460 ▲ 12.1% | 1,716 ▲ 17.6% | 1,880 ▲ 9.6% | ||
| EBITDA (Operating Profit)Derived | 733 | 869 ▲ 18.6% | 589 ▼ 32.2% | 582 ▼ 1.2% | 888 ▲ 52.6% | 1,248 ▲ 40.5% | 1,770 ▲ 41.8% | 2,080 ▲ 17.5% | 2,595 ▲ 24.8% | |
| OPM %Derived | 14.12% | 15.25% | 11.35% | 13.35% | 14.39% | 16.05% | 19.66% | 20.02% | 21.37% | |
166 | 128 ▼ 22.8% | 122 ▼ 4.8% | 144 ▲ 18.2% | 148 ▲ 2.7% | 144 ▼ 2.6% | 185 ▲ 28.4% | 201 ▲ 8.7% | 129 ▼ 35.6% | ||
| Profit Before Tax (PBT) | 841 | 976 ▲ 16.1% | 685 ▼ 29.8% | 712 ▲ 3.9% | 983 ▲ 38.2% | 1,383 ▲ 40.7% | 1,959 ▲ 41.6% | 2,326 ▲ 18.7% | 2,820 ▲ 21.2% | |
215 | 326 ▲ 51.9% | 102 ▼ 68.8% | 190 ▲ 86.5% | 273 ▲ 43.8% | 363 ▲ 32.9% | 484 ▲ 33.3% | 593 ▲ 22.5% | 724 ▲ 22.2% | ||
| Effective Tax %Derived | 25.54% | 33.42% | 14.87% | 26.69% | 27.78% | 26.25% | 24.70% | 25.49% | 25.68% | |
| Total Profit for Period | 712 | 743 ▲ 4.3% | 706 ▼ 5.0% | 635 ▼ 10.0% | 801 ▲ 26.2% | 1,228 ▲ 53.3% | 1,721 ▲ 40.1% | 2,000 ▲ 16.2% | 2,362 ▲ 18.1% | |
| Less: Non-controlling Interests | 349 | — ▼ 100.0% | — | — | — | — | — | — | — | |
| Net Profit (Owner's PAT)Derived | 363 | 743 ▲ 104.6% | 706 ▼ 5.0% | 635 ▼ 10.0% | 801 ▲ 26.2% | 1,228 ▲ 53.3% | 1,721 ▲ 40.1% | 2,000 ▲ 16.2% | 2,362 ▲ 18.1% | |
| Net Profit Margin %Derived | 6.99% | 13.03% | 13.59% | 14.56% | 12.99% | 15.80% | 19.12% | 19.25% | 19.45% | |
| PAT Growth YoY %Derived | — | 104.56% | -4.98% | -10.00% | 26.20% | 53.25% | 40.10% | 16.24% | 18.09% | |
| Earnings Per Share (EPS ₹) | 13.10 | 26.79 ▲ 104.5% | 25.45 ▼ 5.0% | 22.91 ▼ 10.0% | 28.91 ▲ 26.2% | 44.31 ▲ 53.3% | 62.07 ▲ 40.1% | 72.15 ▲ 16.2% | 85.20 ▲ 18.1% | |
| Diluted Shares Outstanding (Cr) | 28 | 28 ▲ 0.0% | 28 ▲ 0.0% | 28 ▲ 0.0% | 28 ▲ 0.0% | 28 ▲ 0.0% | 28 ▲ 0.0% | 28 ▲ 0.0% | 28 ▲ 0.0% | |
| Share of Profit from Associates/JVs | 86 | 93 ▲ 8.0% | 122 ▲ 32.0% | 113 ▼ 7.5% | 91 ▼ 19.4% | 208 ▲ 128.2% | 245 ▲ 17.9% | 267 ▲ 8.8% | 266 ▼ 0.2% | |
| Other Comprehensive Income (Net of Tax) | 1 | -12 ▼ 913.5% | -18 ▼ 51.5% | 0 ▲ 101.2% | 1 ▲ 166.7% | 4 ▲ 541.1% | -18 ▼ 592.2% | -13 ▲ 28.0% | 21 ▲ 262.2% | |
| Total Expenses (incl. D&A & Interest) | 4,511 | 4,956 ▲ 9.9% | 4,764 ▼ 3.9% | 3,922 ▼ 17.7% | 5,431 ▲ 38.5% | 6,697 ▲ 23.3% | 7,419 ▲ 10.8% | 8,512 ▲ 14.7% | 9,841 ▲ 15.6% | |
| Material Cost % of RevenueDerived | 48.49% | 47.19% | 49.85% | 53.43% | 57.92% | 58.77% | 53.48% | 56.89% | 57.35% | |
| Employee Cost % of RevenueDerived | 9.85% | 9.86% | 11.13% | 11.69% | 9.96% | 8.35% | 8.90% | 7.68% | 6.54% | |
| Other Cost % of RevenueDerived | 13.14% | 11.35% | 12.57% | 11.57% | 9.09% | 8.40% | 7.31% | 8.84% | 8.94% | |
| Interest Coverage (x)Derived | 42.04x | 45.20x | 22.29x | 27.14x | 61.88x | 68.08x | 58.78x | 119.56x | 193.10x |
Cummins India segment analysis : revenue and profit mix.
Disclosed business segments at Cummins India with their share of revenue and profit, switchable between consolidated and standalone reporting.
Cummins India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Cummins India Limited.
Our AI distills the core fundamental drivers supporting Cummins India Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Cummins India Limited's investment case rests on 14 positive markers and 13 flagged concerns drawn from the latest reported filings.
What you're getting.
ROE 30.20% and ROCE 39.50% substantially exceed sector peer averages; exceptional capital efficiency.
Operating margin 20.05% and net margin 20.16% demonstrate pricing power and operational excellence.
Debt-to-equity 0.0000 with minimal total debt ₹36.5 Cr; fortress balance sheet with zero leverage.
Latest quarterly EPS grew 22.7% YoY; TTM EPS grew 22.7% YoY sustaining earnings momentum.
TTM revenue grew 21.9% YoY; quarterly sales up 21.9% YoY to ₹3,011 Cr; strong top-line growth.
Key Risks.
P/E ratio 66.37x and forward P/E 48.44x signal significant overvaluation versus peer median 44.55x.
Price-to-book 17.02x substantially elevated; book value per share ₹305.74 limits upside potential.
Dividend yield 1.26% below sector average; constrains income appeal for yield-focused investors.
EV/EBITDA 40.85x and EV/FCF 12.84x suggest premium valuation multiples unsustainable long-term.
Payout ratio 62.27% limits retained earnings reinvestment for organic growth and capex expansion.
Flip Conditions.
Valuation risk. a P/E above 78 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Return-quality risk. ROE below 25% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.63%.
Cummins India Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Cummins India Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
Cummins India Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Cummins India Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Cummins India Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Cummins India Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Cummins India Limited stood at 65.5% of traded volume, against a 20-day average of 57.6%.
Cummins India announcements: results, concalls, ratings, M&A.
Filings Cummins India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Cummins India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 174 documents below.
Resignation of Director/KMP/SMP
Cummins India Limited has informed the Exchange about Resignation of Director/KMP/SMP
Resignation
Cummins India Limited has informed the Exchange regarding Resignation of Mr Pankaj Kapoor as Senior Management Personnel of the Company w.e.f.…
Analysts/Institutional Investor Meet/Con. Call Updates
Cummins India Limited has informed the Exchange about Schedule of Investor meet / Analyst Call
Analysts/Institutional Investor Meet/Con. Call Updates
Cummins India Limited has informed the Exchange about Schedule of meet
Copy of Newspaper Publication
CUMMINSIND: Cummins India Limited has informed the Exchange about Copy of Newspaper Publication regarding special window for transfer and…
Investor decks & rating reports.
Updates
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Updates
Investor Presentation
Cummins India dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Cummins India has declared, sequenced by announce and record date.
Cummins India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Cummins India Limited: business, sector, key facts.
What Cummins India Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Cummins India Limited operates in the Compressors Pumps & Diesel Engines industry under the Capital Goods sector, listed as NSE: CUMMINSIND, BSE: 500480.

Cummins India Limited (CUMMINSIND) is a leading player in the design, manufacture, distribution, and servicing of engines, generator sets, and associated technologies within India, Nepal, and Bhutan. The company's core business is segmented into two primary areas: Engines and Lubes. Their engine offerings are diverse, encompassing a wide range of applications from agricultural machinery to industrial power generation and transportation, catering to various sectors such as construction, mining, and oil & gas. This extensive product portfolio ensures a broad market reach and adaptability to diverse customer needs.
The "Engines" segment focuses on the production and sale of a variety of engines, including those used in acceleration, G-drive systems, pump drives, and various other applications. Beyond the engines themselves, this segment also encompasses crucial components like fuel systems, turbochargers, valvetrain solutions, aftertreatment emission systems, and electronic control units. This integrated approach allows Cummins India to offer comprehensive engine solutions rather than just individual parts.
The "Lubes" segment centers on the supply of lubricants and engine oils, crucial for the maintenance and optimal performance of their engines and those of other manufacturers. This synergistic approach strengthens customer relationships and provides a one-stop shop for many of their clients' needs. Further emphasizing their commitment to customer support, the company provides comprehensive services including testing and analysis, system integration, and software development solutions to ensure optimal performance and efficient operation of their products.
CUMMINSIND also distinguishes itself through its advanced digital offerings, such as the PowerCommand Cloud, a remote monitoring system for generators. This system provides real-time operational data, enabling proactive maintenance and minimizing downtime for customers. This focus on digital solutions underscores their commitment to innovation and customer service, allowing for remote troubleshooting and improved efficiency. The company's export market extends globally, reaching the United States, Europe, Mexico, Africa, the Middle East, and China, highlighting its international presence and competitiveness in the global engine and power generation market.
In essence, Cummins India Limited's business model is based on a vertically integrated approach, offering a comprehensive range of products and services related to engines and power generation. From the design and manufacturing of engines and components to the supply of lubricants and advanced digital monitoring systems, CUMMINSIND aims to provide complete, reliable, and efficient solutions to its diverse clientele across various industries and geographic locations.
Go deeper on Cummins India
- Cummins India resultsQuarter-by-quarter revenue, profit, EPS and margins for Cummins India.
- Cummins India dividendEvery dividend Cummins India has declared, with ex-dates and yield.
- Cummins India shareholdingPromoter, FII and DII holding in Cummins India, quarter by quarter.
- Cummins India financialsCummins India profit & loss, balance sheet and cash flow by year.
- Cummins India technical analysisPivots, CPR and live indicator readings for Cummins India.
- Cummins India corporate actionsBonus issues, splits, rights and buybacks declared by Cummins India.
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Questions investors ask about Cummins India Limited (CUMMINSIND).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Cummins India Limited (CUMMINSIND)?
The current share price of Cummins India Limited (CUMMINSIND) is ₹5,107.50. Today, the stock has declined by ₹97.50 (1.87%), trading in a range of ₹5,092.00 to ₹5,218.00. The stock opened at ₹5,116.00 with a trading volume of 7,53,737 shares.
02Is Cummins India Limited stock a good investment for long-term?
Cummins India Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1.42 L Cr., P/E ratio of 59.84, ROE of 30.2%, and ROCE of 39.5%. The dividend yield stands at 1.26%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Cummins India Limited stock?
The 52-week high price of Cummins India Limited (CUMMINSIND) is ₹6,100.00, while the 52-week low is ₹3,777.30. Currently trading at ₹5,107.50, the stock is 35.22% above its 52-week low and 16.27% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Cummins India Limited stock at the current price?
Whether to buy Cummins India Limited stock at ₹5,107.50 depends on multiple factors. The stock is currently trading with a P/E ratio of 59.84 and P/B ratio of 16.72. Today's performance shows a loss of 1.87%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Cummins India Limited and when is the next dividend?
Cummins India Limited offers a dividend yield of 1.26%, which means for every ₹100 invested at the current price of ₹5,107.50, you can expect to receive approximately ₹1.26 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Cummins India Limited?
Cummins India Limited's key financial metrics include: P/E Ratio: 59.84, P/B Ratio: 16.72, ROE: 30.2%, ROCE: 39.5%, Dividend Yield: 1.26%, EPS: ₹85.61, Book Value: ₹305.74, and Debt-to-Equity: 0. The company's market cap stands at ₹1.42 L Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Cummins India Limited stock performing today in the market?
Cummins India Limited stock opened at ₹5,116.00 and is currently trading at ₹5,107.50, showing a decline of ₹97.50 (1.87%). The intraday high is ₹5,218.00 and low is ₹5,092.00. The trading volume stands at 7,53,737 shares, indicating moderate market participation today.
08What is the P/E ratio of Cummins India Limited and what does it indicate?
Cummins India Limited has a Price-to-Earnings (P/E) ratio of 59.84, which means investors are willing to pay 59.84 for every ₹1 of earnings. With an EPS of ₹85.61, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Cummins India Limited (CUMMINSIND) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.