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Cummins India Ltd

Cummins India Ltd

CUMMINSIND Share Price

NSE
5,881.002.43% (-146.50)
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With a market cap of ₹1,67,082 cr, stock is ranked 55

Stock is 2.10x as volatile as Nifty

CUMMINSIND Stock Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Bad

The stock is overpriced and in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,67,082 cr, stock is ranked 55

Stock is 2.10x as volatile as Nifty

CUMMINSIND Performance & Key Metrics

CUMMINSIND Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
70.7522.101.09%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
40.386.890.53%

CUMMINSIND Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 21 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

CUMMINSIND Company Profile

Cummins India Limited is a manufacturer of diesel and natural gas engines, generator sets and related services. The Company operates through two segments: Engines and Lubes.

Investor Presentation

View older View older 

May 27, 2026

PDF
View Older Presentations

CUMMINSIND Similar Stocks (Peers)

Compare with peers Compare with peers 

CUMMINSIND Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
71.77
71.77
1Y Return
45.76%
45.76%
Buy Reco %
31.58
31.58
PE Ratio
32.53
32.53
1Y Return
29.13%
29.13%
Buy Reco %
66.67
66.67
PE Ratio
65.94
65.94
1Y Return
15.82%
15.82%
Buy Reco %
75.00
75.00
PE Ratio
46.32
46.32
1Y Return
116.43%
116.43%
Buy Reco %
80.00
80.00
PE Ratio
258.09
258.09
1Y Return
373.41%
373.41%
Buy Reco %
100.00
100.00
Compare with Peers

CUMMINSIND Sentiment Analysis

CUMMINSIND Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

CUMMINSIND Stock Summary · August 2025

In Q1 FY 2025-26, the company demonstrated robust financial performance, with a 26% year-over-year sales increase and a 32% rise in profit before tax, driven by strong domestic demand and operational efficiencies. While the domestic economic outlook remains stable, geopolitical uncertainties pose challenges for export growth, particularly in regions like Europe and Latin America. The Powergen segment thrived, reporting a 31% growth, although margin pressures persist amid competitive dynamics. Innovations such as the Battery Energy Storage System and flexible fuel engines position the company favorably for future opportunities, while ongoing investments in capital expenditures aim to enhance capacity and optimize costs. Overall, management maintains cautious optimism, balancing strategic investments with the need for cost management in a competitive landscape.

CUMMINSIND Stock Growth Drivers
CUMMINSIND Stock Growth Drivers
6
  • Strong Financial Performance

    Cummins India Limited reported significant financial growth for the quarter ended June 30, 2025, with

  • Segment Growth and Market Recovery

    The Powergen segment demonstrated robust growth, with domestic sales reaching INR 1,056 crores, a 31%

CUMMINSIND Stock Challenges
CUMMINSIND Stock Challenges
2
  • Demand Stability but Lack of Growth

    While demand from data centers remains steady, there is a concern that this stability may

  • Broad-Based Stability with No Significant Drops

    The absence of significant drops in demand across any segments indicates a lack of volatility;

end marker

CUMMINSIND Forecast

CUMMINSIND Forecasts

Price

Revenue

Earnings

CUMMINSIND

CUMMINSIND

Income

Balance Sheet

Cash Flow

CUMMINSIND Income Statement

CUMMINSIND Income Statement

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Quarterdec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue2,696.072,505.452,486.632,666.043,264.472,687.243,118.573,351.243,227.653,274.28
Operating & Other expensessubtract2,000.571,780.511,842.262,024.662,498.581,945.152,283.322,475.482,546.992,369.03
Depreciation/Amortizationsubtract42.2942.3844.3444.9649.2846.4947.9349.1850.3651.09
Interest & Other Itemssubtract6.456.304.962.583.025.292.652.554.782.43
Taxes & Other Itemssubtract147.85137.40132.46144.47155.13160.81180.77201.70139.46202.27
EPS18.0019.4416.6916.2120.1519.1021.7922.4517.5323.43

CUMMINSIND Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

May 27PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Feb 17PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Aug 3PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Aug 10PDF
FY 2022FY 2022

Annual report

PDF

Investor Presentation

Aug 12PDF
FY 2021FY 2021

Annual report

PDF

Investor Presentation

Aug 25PDF
FY 2020FY 2020

Annual report

PDF

Investor Presentation

Apr 27PDF
Dec 14PDF
Aug 8PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF

Investor Presentation

Jun 4PDF
FY 2017FY 2017

Annual report

PDF
 

CUMMINSIND Stock Peers

CUMMINSIND Past Performance & Peer Comparison

CUMMINSIND Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Cummins India Ltd70.7522.101.09%
Thermax Limited71.7710.460.44%
AIA Engineering Ltd32.535.960.36%
Timken India Ltd65.949.620.07%

CUMMINSIND Stock Price Comparison

Compare CUMMINSIND with any stock or ETF
Compare CUMMINSIND with any stock or ETF
CUMMINSIND
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CUMMINSIND Holdings

CUMMINSIND Shareholdings

CUMMINSIND Promoter Holdings Trend

CUMMINSIND Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

CUMMINSIND Institutional Holdings Trend

CUMMINSIND Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.35%

Tickertape Separator

CUMMINSIND Shareholding Pattern

CUMMINSIND Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding51.00%12.57%6.98%20.78%8.67%

Jun 2025

Sep 2025

Dec 2025

Mar 2026

CUMMINSIND Shareholding History

CUMMINSIND Shareholding History

Dec '24MarJunSepDec '25Mar18.10%17.21%17.50%18.35%19.43%20.78%

Mutual Funds Invested in CUMMINSIND

Mutual Funds Invested in CUMMINSIND

No mutual funds holding trends are available

Top 5 Mutual Funds holding Cummins India Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.2774%2.50%0.16%11/80 (+3)
0.4098%1.49%0.05%60/104 (+1)
0.3708%1.92%0.12%7/103 (+2)

Compare 3-month MF holding change on Screener

CUMMINSIND Insider Trades & Bulk Stock Deals

CUMMINSIND Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing CUMMINSIND stock

smallcases containing CUMMINSIND stock

Looks like this stock is not in any smallcase yet.

CUMMINSIND Events

CUMMINSIND Events

CUMMINSIND Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

CUMMINSIND has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.09%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.95 every year

Dividends

Corp. Actions

Announcements

Legal Orders

CUMMINSIND Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

CUMMINSIND has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.09%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.95 every year

CUMMINSIND Upcoming Dividends

CUMMINSIND Upcoming Dividends

No upcoming dividends are available

CUMMINSIND Past Dividends

CUMMINSIND Past Dividends

Cash Dividend

Ex DateEx DateFeb 11, 2026

Interim
Interim | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Feb 11, 2026

Cash Dividend

Ex DateEx DateJul 18, 2025

Final
Final | Div/Share: ₹33.50

Dividend/Share

33.50

Ex DateEx Date

Jul 18, 2025

Cash Dividend

Ex DateEx DateFeb 14, 2025

Interim
Interim | Div/Share: ₹18.00

Dividend/Share

18.00

Ex DateEx Date

Feb 14, 2025

Cash Dividend

Ex DateEx DateJul 19, 2024

Final
Final | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Jul 19, 2024

Cash Dividend

Ex DateEx DateFeb 21, 2024

Interim
Interim | Div/Share: ₹18.00

Dividend/Share

18.00

Ex DateEx Date

Feb 21, 2024

CUMMINSIND Stock News & Opinions

CUMMINSIND Stock News & Opinions

Corporate
Corporate
Cummins India to convene AGM

Cummins India announced that the 65th Annual General Meeting(AGM) of the company will be held on 6 August 2026.

10 hours agoCapital Market - Live
Corporate
Corporate
Board of Cummins India recommends final dividend

Cummins India announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the final dividend of Rs 46 per equity Share (i.e. 2300%) , subject to the approval of the shareholders.

1 day agoCapital Market - Live
Earnings
Earnings
Cummins India consolidated net profit rises 22.66% in the March 2026 quarter

Net profit of Cummins India rose 22.66% to Rs 649.46 crore in the quarter ended March 2026 as against Rs 529.50 crore during the previous quarter ended March 2025. Sales rose 22.04% to Rs 2963.20 crore in the quarter ended March 2026 as against Rs 2428.13 crore during the previous quarter ended March 2025. For the full year,net profit rose 18.09% to Rs 2361.75 crore in the year ended March 2026 as against Rs 1999.94 crore during the previous year ended March 2025. Sales rose 16.93% to Rs 11949.73 crore in the year ended March 2026 as against Rs 10219.24 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2963.202428.13 22 11949.7310219.24 17 OPM %21.6721.63 -21.7220.35 - PBDT870.48736.80 18 3366.122777.88 21 PBT819.39690.31 19 3167.562592.81 22 NP649.46529.50 23 2361.751999.94 18 Powered by Capital Market - Live

2 days agoCapital Market - Live
Spotlight
Spotlight
Cummins India Q4 PAT jumps 25% YoY; recommends final dividend of Rs 46/share

Total income rose 21.5% year-on-year to Rs 3,242.70 crore in the quarter ended 31 March 2026. Domestic sales stood at Rs 2,513 crore, higher by 30% compared with the same quarter last year and moderated by 1% over the previous quarter. Export sales came in at Rs 450 crore, down 6% year-on-year and 5% sequentially. Total expenses jumped 21.85% YoY to Rs 2,422.55 crore during the quarter. The cost of materials consumed stood at Rs 1,707.48 crore (up 19.16% YoY), while employee benefit expenses came in at Rs 196.35 crore (up 17.72% YoY). Profit before exceptional items and tax stood at Rs 820.15 crore in Q4 FY26, compared with Rs 680.69 crore in Q4 FY25. The company reported an exceptional loss of Rs 32.34 crore during the quarter due to the impact of labour codes. On a full-year basis, the company's standalone net profit jumped 22.27% to Rs 2,330.18 crore on a 17.31% increase in total income to Rs 12,863.69 crore in FY26 over FY25. Shveta Arya, managing director, Cummins India, said, 'I am pleased to announce that Cummins India Limited has concluded FY26 with record revenue and profitability. Our ability to leverage a globally integrated supply chain and agile operating framework has enabled us to effectively meet strong customer demand in both the domestic and export markets. We continue steadfast execution of our profitable growth strategy by leveraging scale, enhancing operational efficiencies and maintaining cost discipline. India's macroeconomic environment continues to demonstrate resilience, supported by government initiatives and consistent economic activity. Rising crude oil and commodity prices, along with persistent global geopolitical uncertainties, remain closely monitored challenges.' On its outlook, the company stated, Domestic demand remains steady, supported by continued investments and capital expenditures across key sectors. While the export environment faces some near-term pressures, the company is hopeful about improved stability and growth in the medium to long term. Geopolitical developments are closely monitored, and stronger collaboration with trade partners is expected to maintain supply chain resilience. The company is focused on disciplined execution, prudent capital allocation, and effective cost management, underpinned by a strong balance sheet and healthy cash position. Delivering value to customers and shareholders remains central, enabled by trusted technology, skilled talent, a strong brand, fit-for-market offerings, advanced manufacturing, and an extensive distribution and service network.' Meanwhile, the company's board recommended a final dividend of Rs 46 per equity share of face value Rs 2 each (2,300%) for FY26, in addition to the interim dividend of Rs 20 per equity share declared on 4 February 2026. The final dividend, if approved by shareholders at the ensuing Annual General Meeting (AGM), will be paid on or before 4 September 2026. The company has fixed Friday, 17 July 2026, as the record date for determining shareholders eligible to receive the final dividend. Cummins India is one of the leading manufacturers of diesel and natural gas engines in India. As one of the seven legal entities under the Cummins Group in the country, the company operates through three core business units: Engine, Power Systems and Distribution. Shares of Cummins India surged 11.09% to close at Rs 6,022.85 on the BSE.Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
Corporate
Cummins India fixes record date for final dividend

Cummins India has fixed 17 July 2026 as record date for final dividend of Rs 46 per equity share of face value of Rs 2 per share for FY 2026, if approved.

2 days agoCapital Market - Live
Corporate
Corporate
Cummins India to declare Quarterly Results

Cummins India will hold a meeting of the Board of Directors of the Company on 27 May 2026.

1 month agoCapital Market - Live
Spotlight
Spotlight
Cummins India Q3 PAT slides 12% YoY to Rs 453 crore

Revenue from operations shed 1.15% year-on-year to Rs 3,006.24 crore in the quarter ended 31 December 2025. Domestic sales stood at Rs 2,535 crore, marginally softening by 2% compared with the same quarter last year and declining 2% sequentially. Export sales came in at Rs 471 crore, up 2% year-on-year but down 14% compared with the previous quarter. Total expenses declined 2.41% YoY to Rs 2,475.59 crore during the quarter. Cost of materials consumed stood at Rs 1,676.17 crore (up 2.37% YoY), while employee expenses came in at Rs 200.30 crore (down 14.12% YoY). Profit before exceptional items and tax rose 7.29% year-on-year to Rs 719.06 crore in Q3 FY26, compared with Rs 670.16 crore in the same quarter last year. On a nine-month basis, the company reported a 21.35% increase in consolidated net profit to Rs 1,680.06 crore in 9M FY26, compared with Rs 1,384.41 crore in 9M FY25. Revenue from operations jumped 15.92% YoY to Rs 8,986.53 crore during the period. Shveta Arya, managing director, Cummins India, said, 'I am pleased to share that Cummins India has recorded a revenue of over Rs 3,000 crore and continues steady execution on our profitable growth strategy, supported by volume leverage and operational efficiencies. The Consumer Price Index (CPI) remains stable compared to the last quarter, which shows rapid momentum. Other macroeconomic indicators, like Index of Industrial Production (IIP), crude oil price, show supportive trends. With indirect taxation reforms and further reduction in repo rate, we believe the Indian economy continues to be positioned for an estimated 7.4% GDP growth.' On its outlook, the company stated, Domestic demand continues to demonstrate resilience, supported by sustained capital expenditure across key sectors. While exports face near-term pressures amid ongoing geopolitical uncertainties, we expect greater stability over the medium to long term. We remain watchful of policy developments and see continued collaboration with trade partners as a key enabler of growth across our end markets. Against this backdrop, we are executing with discipline maintaining prudent capital allocation, strong cost controls, and a healthy balance sheet and cash position. Customer satisfaction and shareholder value creation continue to be our primary focus. Backed by reliable technology, talent capabilities, a dependable brand, diverse products, strong manufacturing capabilities, and a wide distribution and service network, the Company is well-positioned to serve customers efficiently.' Meanwhile, the company's board has approved and declared an interim dividend of Rs 20 per equity share for FY26 on 27.72 crore equity shares. The board has fixed Wednesday, 11 February 2026, as the record date for determining shareholder eligibility for the interim dividend. The dividend will be paid on or around Monday, 2 March 2026. Cummins India is one of the leading manufacturers of diesel and natural gas engines in India. As one of the seven legal entities under the Cummins Group in the country, the company operates through three core business units: Engine, Power Systems and Distribution. The counter rose 0.36% to Rs 4,215.80 on the BSE. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Corporate
Board of Cummins India recommends interim dividend

Cummins India announced that the Board of Directors of the Company at its meeting held on 4 February 2026, inter alia, have recommended the interim dividend of Rs 20 per equity Share (i.e. 1000%) , subject to the approval of the shareholders.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Earnings
Cummins India consolidated net profit declines 12.96% in the December 2025 quarter

Net profit of Cummins India declined 12.96% to Rs 486.06 crore in the quarter ended December 2025 as against Rs 558.46 crore during the previous quarter ended December 2024. Sales declined 1.50% to Rs 3006.24 crore in the quarter ended December 2025 as against Rs 3052.15 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales3006.243052.15 -2 OPM %21.1119.58 - PBDT802.42762.87 5 PBT752.06713.59 5 NP486.06558.46 -13 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Corporate
Cummins India to discuss results

Cummins India will hold a meeting of the Board of Directors of the Company on 4 February 2026.Powered by Capital Market - Live

4 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Cummins India Ltd (CUMMINSIND) today?

    The share price of CUMMINSIND as on 29th May 2026 is ₹5881. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Cummins India Ltd (CUMMINSIND) share?

    The past returns of Cummins India Ltd (CUMMINSIND) share are
    • Past 1 week: 9.41%
    • Past 1 month: 11.70%
    • Past 3 months: 20.06%
    • Past 6 months: 29.42%
    • Past 1 year: 85.56%
    • Past 3 years: 237.20%
    • Past 5 years: 647.36%

  3. What are the peers or stocks similar to Cummins India Ltd (CUMMINSIND)?

    The peers or stocks similar to Cummins India Ltd (CUMMINSIND) include:

  4. What is the dividend yield % of Cummins India Ltd (CUMMINSIND) share?

    The current dividend yield of Cummins India Ltd (CUMMINSIND) is 1.12.

  5. What is the market cap of Cummins India Ltd (CUMMINSIND) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Cummins India Ltd (CUMMINSIND) is ₹163021.32 Cr as of 29th May 2026.

  6. What is the 52 week high and low of Cummins India Ltd (CUMMINSIND) share?

    The 52-week high of Cummins India Ltd (CUMMINSIND) is ₹6100 and the 52-week low is ₹3000.10.

  7. What is the PE and PB ratio of Cummins India Ltd (CUMMINSIND) stock?

    The P/E (price-to-earnings) ratio of Cummins India Ltd (CUMMINSIND) is 69.03. The P/B (price-to-book) ratio is 21.56.

  8. Which sector does Cummins India Ltd (CUMMINSIND) belong to?

    Cummins India Ltd (CUMMINSIND) belongs to the Industrials sector & Industrial Machinery sub-sector.

  9. How to buy Cummins India Ltd (CUMMINSIND) shares?

    You can directly buy Cummins India Ltd (CUMMINSIND) shares on Tickertape. Simply sign up, connect your demat account and place your order.