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Cummins India Ltd

Cummins India Ltd

CUMMINSIND Share Price

NSE
₹4,835.000.10% (+5.00)
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With a market cap of ₹1,33,887 cr, stock is ranked 73

Stock is 2.12x as volatile as Nifty

CUMMINSIND Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

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

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,33,887 cr, stock is ranked 73

Stock is 2.12x as volatile as Nifty

CUMMINSIND Performance & Key Metrics

CUMMINSIND Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
56.5615.801.37%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
42.955.680.85%

CUMMINSIND Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
74%
Analysts have suggested that investors can buy this stock

from 19 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
50.91
50.91
1Y Return
3.73%
3.73%
Buy Reco %
50.00
50.00
PE Ratio
27.46
27.46
1Y Return
15.87%
15.87%
Buy Reco %
81.82
81.82
PE Ratio
56.02
56.02
1Y Return
147.99%
147.99%
Buy Reco %
83.33
83.33
PE Ratio
69.36
69.36
1Y Return
66.80%
66.80%
Buy Reco %
75.00
75.00
PE Ratio
254.55
254.55
1Y Return
307.46%
307.46%
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 2026

Management described a quarter of strong growth tempered by sharp inflation-driven margin pressure, with sales up 18% year over year to INR 3,375 crores even as profit before tax before exceptional items slipped slightly and fell 12% sequentially. Domestic demand led the expansion, while exports remained flat and were complicated by geopolitical disruption in the Middle East. Across the business, management emphasized that order execution and underlying demand remained healthy in power generation, data centers and rail, with capacity additions under way in select areas and a data center pipeline extending into next year and beyond. At the same time, they stressed that commodity inflation in steel, pig iron, aluminum and copper was unusually severe, alongside freight and supply-chain pressures, and that price realization continues to lag raw-material costs by at least a quarter. Management said pricing actions, value engineering and cost control are being used to bridge that gap, while distribution remains on a growth path with around 20% DBU growth still expected over this year and the next few years.

CUMMINSIND Stock Growth Drivers
CUMMINSIND Stock Growth Drivers
5
  • Broad-Based Domestic Demand Growth

    The company delivered strong domestic growth across its core end markets, supported by healthy order

  • Power Generation Strength and Capacity-Driven Opportunity

    Power generation remained the strongest domestic end market, with demand staying robust across CPCB IV+

CUMMINSIND Stock Challenges
CUMMINSIND Stock Challenges
5
  • Margin Pressure from Input Cost Inflation

    Profitability came under pressure despite strong revenue growth, with profit before tax before exceptional items

  • Weakness and Uncertainty in Exports

    Export performance was uneven and increasingly difficult to forecast, creating a softer external demand outlook.

CUMMINSIND Forecast

CUMMINSIND Forecasts

Price

Revenue

Earnings

CUMMINSIND

CUMMINSIND

Income

Balance Sheet

Cash Flow

CUMMINSIND Income Statement

CUMMINSIND Income Statement

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Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue2,505.452,486.632,666.043,264.472,687.243,118.573,351.243,227.653,274.283,653.18
Operating & Other expensessubtract1,780.511,842.262,024.662,498.581,945.152,283.322,475.482,546.992,369.032,809.85
Depreciation/Amortizationsubtract42.3844.3444.9649.2846.4947.9349.1850.3651.0952.59
Interest & Other Itemssubtract6.304.962.583.025.292.652.554.782.433.90
Taxes & Other Itemssubtract137.40132.46144.47155.13160.81180.77201.70139.46202.27177.54
EPS19.4416.6916.2120.1519.1021.7922.4517.5323.4321.98

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

PDF

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 Unavailable

Investor Presentation

Jun 4PDF
 

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 Ltd56.6915.801.37%
Thermax Limited50.916.580.61%
AIA Engineering Ltd27.464.340.43%
Kirloskar Oil Engines Ltd56.029.000.32%
ScreenerCompare valuation on Screener

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

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 almost stayed constant

Tickertape Separator

CUMMINSIND Shareholding Pattern

CUMMINSIND Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding51.00%12.55%6.61%21.19%8.66%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

CUMMINSIND Shareholding History

CUMMINSIND Shareholding History

MarJunSepDec '25MarJun17.21%17.50%18.35%19.43%20.78%21.19%

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)
1.4741%1.82%-0.70%17/81 (-6)
0.6088%1.07%0.23%20/113 (+10)
0.4485%1.90%1.89%9/161 (+8)

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 1.37%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.66 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 1.37%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.66 every year

CUMMINSIND Upcoming Dividends

CUMMINSIND Upcoming Dividends

No upcoming dividends are available

CUMMINSIND Past Dividends

CUMMINSIND Past Dividends

Cash Dividend

Ex DateEx DateJul 17, 2026

Final
Final | Div/Share: ₹46.00

Dividend/Share

₹46.00

Ex DateEx Date

Jul 17, 2026

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

CUMMINSIND Stock News & Opinions

CUMMINSIND Stock News & Opinions

Corporate
Corporate
Cummins India submits certificate of compliance to Indian stock exchanges

Cummins India Limited informed the BSE Limited and National Stock Exchange of India Limited that it is enclosing a certificate received from MUFG Intime India Private Limited, formerly Link Intime India Private Limited, its Registrar and Share Transfer Agent, for the quarter ended September 30, 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

5 days agoCapital Market - Live
Corporate
Corporate
Cummins India to review financial results at a board meeting November 4, 2026

Cummins India Limited will hold a board meeting on Wednesday, November 4, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter and half year ending September 30, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited. The trading window for designated persons and their immediate relatives will be closed from October 1, 2026, until November 6, 2026.

2 weeks agoCapital Market - Live
Corporate
Corporate
Cummins India to review financial results at board meeting November 4, 2026

Cummins India Limited will hold a board meeting on Wednesday, November 4, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter and half year ending September 30, 2026, according to a regulatory filing. The trading window for designated persons and their immediate relatives will be closed from Thursday, October 01, 2026, until November 6, 2026.

2 weeks agoCapital Market - Live
Corporate
Corporate
Cummins India appoints Avanthi Rao as Vice President – Distribution Business, effective October 1, 2026

Cummins India Limited announced the appointment of Ms. Avanthi Rao as Vice President – Distribution Business, effective October 1, 2026, following a recommendation from the company’s Nomination and Remuneration Committee. According to a regulatory filing on September 2, 2026, Ms. Rao currently heads the Cummins Components and Software (CCS) Business Unit for a Cummins Group Company and previously held leadership roles within Cummins India's Turbo Technologies and Engine Components businesses.

1 month agoCapital Market - Live
Corporate
Corporate
Cummins India’s sales rose 18% to Rs 3,375 crore, fueled by domestic demand

Cummins India Limited (NSE: CUMMINSIND, BSE: 500480) announced its unaudited financial results for the quarter ended June 30, 2026, with total sales of Rs 3,375 crore, an 18% increase compared to the same quarter last year and a 14% increase quarter-on-quarter, driven by robust domestic demand and order execution, while export sales were flat year-on-year and higher by 16% quarter-on-quarter; profit before tax stood at Rs 721 crore, with a margin of 21.4%, according to a release.

2 months agoCapital Market - Live
Corporate
Corporate
Cummins India’s sales rose 18% to Rs 3,375 crore, fueled by domestic demand

Cummins India Limited (NSE: CUMMINSIND, BSE: 500480) announced its unaudited financial results for the quarter ended June 30, 2026, with the Board of Directors approving total sales of Rs 3,375 crore, an 18% increase compared to the same quarter last year and a 14% rise quarter-on-quarter, driven by robust domestic demand and order execution, while export sales were flat year-on-year and higher by 16% quarter-on-quarter; profit before tax stood at Rs 721 crore, with a margin of 21.4%, marginally lower than the same quarter last year, and the company expects business momentum to remain steady despite inflationary pressures and supply chain constraints.

2 months agoCapital Market - Live
Earnings
Earnings
Cummins India Ltd consolidated sales up 13.89% on year in Q2FY2026

Cummins India Ltd share price declined by 0.04% to Rs 5495.0 after the company's net profit eased 6.18% to Rs 609.3 crore, while revenue from operations gained 13.89% to Rs 3374.93 crore in Q2FY26 over Q1FY26. The market capitalization of Compressors, Pumps & Diesel Engines industry group stocks on BSE stood at Rs 2.7 lakh crore, easing 1.37%. It has inched up 1.51% over last one week and gained upto 3.06% in last one month while the market capitalization of Cummins India Ltd has marginally improved by 2.13% and 1.67% in the same period respectively. Profit before tax (PBT) of Cummins India Ltd stood at Rs 786.84 crore in Q2 FY26, gaining 0.28% year-on-year, and slipping 7.62% quarter-on-quarter. EBITDA came in at Rs 479 crore, declining 2.21% YoY and slipping 3.74% sequentially. Total expenses went up by 18.28% to Rs 2862.44 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 2094.41 crore, witnessing a sharp rise of 22.66% YoY, while employee benefits expense was at Rs 233.12 crore, witnessing a strong rise of 18.73% YoY. For the TTM ended FY26, revenue from operations grew 16.93% to Rs 11949.73 crore, while net profit improved by 18.09% to Rs 2361.75 crore, compared to previous TTM. EBITDA surged by 164561% to Rs 2077.57 crore, and PBT expanded by 19.02% to Rs 3085.95 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1734.26 crore in FY26, as against Rs 1682.59 crore in FY25. Cummins India Ltd jumped 54.09% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.20% during the same period.

2 months 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 5 August 2026.

3 months agoCapital Market - Live
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.

4 months 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.

4 months agoCapital Market - Live

Frequently asked questions

  1. The share price of CUMMINSIND as on 12th October 2026 is ₹4835. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Cummins India Ltd (CUMMINSIND) share are
    • Past 1 week: -0.60%
    • Past 1 month: -4.64%
    • Past 3 months: -13.99%
    • Past 6 months: -3.13%
    • Past 1 year: 22.19%
    • Past 3 years: 179.48%
    • Past 5 years: 437.58%

  3. The current dividend yield of Cummins India Ltd (CUMMINSIND) is 1.37.

  4. 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 ₹133887.60 Cr as of 12th October 2026.

  5. The 52-week high of Cummins India Ltd (CUMMINSIND) is ₹6100 and the 52-week low is ₹3883.10.

  6. The P/E (price-to-earnings) ratio of Cummins India Ltd (CUMMINSIND) is 56.69. The P/B (price-to-book) ratio is 15.80.

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

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