Cummins India Ltd
CUMMINSINDCummins India Ltd
CUMMINSIND
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
BadThe stock is overpriced and in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 36.82 | 9.24 | 1.30% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 48.98 | 5.74 | 0.58% |
Forecast & Ratings
Detailed Forecastfrom 22 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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 olderPeers
Compare with peersAIA Engineering Ltd
Thermax Limited
Grindwell Norton Ltd
SKF India Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 5,123.75 | 4,835.76 | 5,247.33 | 5,415.10 | 6,025.02 | 5,571.20 | 4,746.98 | 6,637.62 | 8,288.22 | 8,856.53 | ||||||||||
Raw Materials | 3,071.11 | 2,964.01 | 3,261.56 | 3,223.61 | 3,659.92 | 3,335.17 | 2,784.30 | 4,145.74 | 5,349.21 | 6,826.84 | ||||||||||
| Power & Fuel Cost | 38.74 | 33.13 | 29.27 | 30.53 | 29.56 | 29.32 | 19.05 | 24.70 | 26.76 | |||||||||||
| Employee Cost | 422.11 | 421.08 | 445.28 | 511.25 | 561.91 | 577.75 | 509.77 | 614.53 | 648.88 | |||||||||||
| Selling & Administrative Expenses | 251.72 | 300.74 | 308.97 | 315.93 | 356.79 | 355.59 | 275.77 | 282.83 | 328.95 | |||||||||||
| Operating & Other expenses | 317.19 | 226.27 | 256.70 | 297.66 | 220.08 | 324.29 | 189.14 | 215.06 | 184.85 | |||||||||||
EBITDA | 1,022.88 | 890.53 | 945.55 | 1,036.12 | 1,196.76 | 949.08 | 968.95 | 1,354.76 | 1,749.57 | 2,029.69 | ||||||||||
| Depreciation/Amortization | 86.46 | 81.36 | 85.47 | 94.38 | 111.10 | 120.58 | 127.19 | 135.62 | 142.04 | 146.85 | ||||||||||
| PBIT | 936.42 | 809.17 | 860.08 | 941.74 | 1,085.66 | 828.50 | 841.76 | 1,219.14 | 1,607.53 | 1,882.84 | ||||||||||
| Interest & Other Items | 1.75 | 9.80 | 17.07 | 15.19 | 16.77 | 21.02 | 16.76 | 12.16 | 16.24 | 24.15 | ||||||||||
| PBT | 934.67 | 799.37 | 843.01 | 926.55 | 1,068.89 | 807.48 | 825.00 | 1,206.98 | 1,591.29 | 1,858.69 | ||||||||||
| Taxes & Other Items | 162.65 | 78.05 | 106.74 | 214.73 | 326.28 | 101.87 | 189.97 | 273.24 | 363.14 | 413.17 | ||||||||||
| Net Income | 772.02 | 721.32 | 736.27 | 711.82 | 742.61 | 705.61 | 635.03 | 933.74 | 1,228.15 | 1,445.52 | ||||||||||
| EPS | 27.85 | 26.02 | 26.56 | 25.68 | 26.79 | 25.45 | 22.91 | 33.68 | 44.31 | 52.15 | ||||||||||
| DPS | 14.00 | 14.00 | 14.00 | 15.00 | 17.00 | 14.00 | 15.00 | 18.50 | 25.00 | 25.00 | ||||||||||
| Payout ratio | 0.50 | 0.54 | 0.53 | 0.58 | 0.63 | 0.55 | 0.65 | 0.55 | 0.56 | 0.48 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Cummins India Ltd | 43.34 | 9.24 | 1.30% |
| AIA Engineering Ltd | 32.47 | 6.01 | 0.44% |
| Thermax Limited | 65.27 | 7.59 | 0.38% |
| Grindwell Norton Ltd | 64.52 | 12.85 | 0.69% |
Price Comparison
Compare CUMMINSIND with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 2.09%
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.83%
Top 5 Mutual Funds holding Cummins India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
KOTAK EMERGING EQUITY SCHEME - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.8468% | Percentage of the fund’s portfolio invested in the stock 2.92% | Change in the portfolio weight of the stock over the last 3 months -0.76% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 6/84 (-3) |
HDFC MUTUAL FUND MID CAP OPP FUND DIRECT GROWTH OPEN ENDED Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9701% | Percentage of the fund’s portfolio invested in the stock 1.08% | Change in the portfolio weight of the stock over the last 3 months -0.20% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 34/68 (-4) |
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI BLUE CHIP FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9479% | Percentage of the fund’s portfolio invested in the stock 1.31% | Change in the portfolio weight of the stock over the last 3 months -0.73% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/56 (-11) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 1.30%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.02 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 26, 2023
Dividend/Share
₹13.00
Ex DateEx Date
Jul 26, 2023
Cash Dividend
Ex DateEx DateFeb 21, 2023
Dividend/Share
₹12.00
Ex DateEx Date
Feb 21, 2023
Cash Dividend
Ex DateEx DateAug 2, 2022
Dividend/Share
₹10.50
Ex DateEx Date
Aug 2, 2022
Cash Dividend
Ex DateEx DateFeb 21, 2022
Dividend/Share
₹8.00
Ex DateEx Date
Feb 21, 2022
Cash Dividend
Ex DateEx DateAug 4, 2021
Dividend/Share
₹8.00
Ex DateEx Date
Aug 4, 2021
News & Opinions
News Video
Cummins India Management Post Q2: Company ने Double-Digit Revenue Growth Guidance दिया | CNBC Awaaz
2 weeks ago•CNBC Awaaz.
News Video
Key Stocks In Focus: Hindalco, Power Grid, Shree Cement, Cummins India, Apollo Tyres, Deepak Nitrite
3 weeks ago•CNBC-TV18
Hold Cummins India; target of Rs 1788: Prabhudas Lilladher
2 months ago•Moneycontrol
MSCI adds 8 companies to Global Index in August review; no impact on share prices
3 months ago•The Hindu Businessline
Hold Cummins India; target of Rs 1707: ICICI Securities
3 months ago•Moneycontrol
Hold Cummins India; target of Rs 1788: Prabhudas Lilladher
3 months ago•Moneycontrol
Cummins India Q1 Results Review - CPCB IV+ Implementation Deferred; Weak Outlook On Exports: Yes Securities
3 months ago•Bloomberg Quint
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.89%, vs industry avg of 11.97%
Decreasing Market Share
Over the last 5 years, market share decreased from 9% to 7.83%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 11.53%, vs industry avg of 19.77%