company background image
CUMMINSIND

Cummins India NSEI:CUMMINSIND Stock Report

Last Price

₹1.75k

Market Cap

₹485.2b

7D

6.1%

1Y

70.7%

Updated

01 Jun, 2023

Data

Company Financials +

Cummins India Limited

NSEI:CUMMINSIND Stock Report

Mkt Cap: ₹485.2b

CUMMINSIND Stock Overview

Cummins India Limited designs, manufactures, distributes, and services engines, generator sets, and related technologies in India.

CUMMINSIND fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Cummins India Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cummins India
Historical stock prices
Current Share Price₹1,750.70
52 Week High₹1,774.00
52 Week Low₹950.85
Beta0.68
1 Month Change9.41%
3 Month Change9.44%
1 Year Change70.71%
3 Year Change362.48%
5 Year Change157.74%
Change since IPO1,716.21%

Recent News & Updates

Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

May 27
Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

If EPS Growth Is Important To You, Cummins India (NSE:CUMMINSIND) Presents An Opportunity

May 23
If EPS Growth Is Important To You, Cummins India (NSE:CUMMINSIND) Presents An Opportunity

Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Mar 15
Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Recent updates

Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

May 27
Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

If EPS Growth Is Important To You, Cummins India (NSE:CUMMINSIND) Presents An Opportunity

May 23
If EPS Growth Is Important To You, Cummins India (NSE:CUMMINSIND) Presents An Opportunity

Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Mar 15
Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Cummins India (NSE:CUMMINSIND) Will Pay A Larger Dividend Than Last Year At ₹12.00

Feb 11
Cummins India (NSE:CUMMINSIND) Will Pay A Larger Dividend Than Last Year At ₹12.00

Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?

Jan 31
Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?

Investors Met With Slowing Returns on Capital At Cummins India (NSE:CUMMINSIND)

Jan 18
Investors Met With Slowing Returns on Capital At Cummins India (NSE:CUMMINSIND)

Is Cummins India (NSE:CUMMINSIND) A Risky Investment?

Dec 04
Is Cummins India (NSE:CUMMINSIND) A Risky Investment?

Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down

Oct 10
Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down

Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?

Sep 24
Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?

Is Now An Opportune Moment To Examine Cummins India Limited (NSE:CUMMINSIND)?

Sep 10
Is Now An Opportune Moment To Examine Cummins India Limited (NSE:CUMMINSIND)?

Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50

Jul 18
Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50

We Think Cummins India (NSE:CUMMINSIND) Can Manage Its Debt With Ease

Jul 02
We Think Cummins India (NSE:CUMMINSIND) Can Manage Its Debt With Ease

Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50

May 29
Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50

Returns On Capital At Cummins India (NSE:CUMMINSIND) Have Hit The Brakes

May 18
Returns On Capital At Cummins India (NSE:CUMMINSIND) Have Hit The Brakes

With EPS Growth And More, Cummins India (NSE:CUMMINSIND) Is Interesting

Mar 30
With EPS Growth And More, Cummins India (NSE:CUMMINSIND) Is Interesting

At ₹1,027, Is Cummins India Limited (NSE:CUMMINSIND) Worth Looking At Closely?

Mar 16
At ₹1,027, Is Cummins India Limited (NSE:CUMMINSIND) Worth Looking At Closely?

Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 12
Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down

Feb 11
Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down

Cummins India (NSE:CUMMINSIND) Could Easily Take On More Debt

Dec 27
Cummins India (NSE:CUMMINSIND) Could Easily Take On More Debt

Should You Think About Buying Cummins India Limited (NSE:CUMMINSIND) Now?

Dec 07
Should You Think About Buying Cummins India Limited (NSE:CUMMINSIND) Now?

Cummins India (NSE:CUMMINSIND) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 03
Cummins India (NSE:CUMMINSIND) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Are Cummins India Limited (NSE:CUMMINSIND) Investors Paying Above The Intrinsic Value?

Oct 22
Are Cummins India Limited (NSE:CUMMINSIND) Investors Paying Above The Intrinsic Value?

Cummins India (NSE:CUMMINSIND) Could Be Struggling To Allocate Capital

Sep 23
Cummins India (NSE:CUMMINSIND) Could Be Struggling To Allocate Capital

Cummins India (NSE:CUMMINSIND) Seems To Use Debt Rather Sparingly

Sep 05
Cummins India (NSE:CUMMINSIND) Seems To Use Debt Rather Sparingly

I Ran A Stock Scan For Earnings Growth And Cummins India (NSE:CUMMINSIND) Passed With Ease

Aug 17
I Ran A Stock Scan For Earnings Growth And Cummins India (NSE:CUMMINSIND) Passed With Ease

Should You Think About Buying Cummins India Limited (NSE:CUMMINSIND) Now?

Jul 02
Should You Think About Buying Cummins India Limited (NSE:CUMMINSIND) Now?

Investors Could Be Concerned With Cummins India's (NSE:CUMMINSIND) Returns On Capital

Jun 15
Investors Could Be Concerned With Cummins India's (NSE:CUMMINSIND) Returns On Capital

Looking For Steady Income For Your Dividend Portfolio? Is Cummins India Limited (NSE:CUMMINSIND) A Good Fit?

May 09
Looking For Steady Income For Your Dividend Portfolio? Is Cummins India Limited (NSE:CUMMINSIND) A Good Fit?

These 4 Measures Indicate That Cummins India (NSE:CUMMINSIND) Is Using Debt Reasonably Well

Mar 29
These 4 Measures Indicate That Cummins India (NSE:CUMMINSIND) Is Using Debt Reasonably Well

Will Cummins India (NSE:CUMMINSIND) Multiply In Value Going Forward?

Mar 11
Will Cummins India (NSE:CUMMINSIND) Multiply In Value Going Forward?

Investors Who Bought Cummins India (NSE:CUMMINSIND) Shares A Year Ago Are Now Up 39%

Feb 22
Investors Who Bought Cummins India (NSE:CUMMINSIND) Shares A Year Ago Are Now Up 39%

It Might Not Be A Great Idea To Buy Cummins India Limited (NSE:CUMMINSIND) For Its Next Dividend

Feb 04
It Might Not Be A Great Idea To Buy Cummins India Limited (NSE:CUMMINSIND) For Its Next Dividend

Zooming in on NSE:CUMMINSIND's 2.2% Dividend Yield

Jan 29
Zooming in on NSE:CUMMINSIND's 2.2% Dividend Yield

Don't Buy Cummins India Limited (NSE:CUMMINSIND) For Its Next Dividend Without Doing These Checks

Aug 12
Don't Buy Cummins India Limited (NSE:CUMMINSIND) For Its Next Dividend Without Doing These Checks

It Might Not Be A Great Idea To Buy Cummins India Limited (NSE:CUMMINSIND) For Its Next Dividend

Aug 12
It Might Not Be A Great Idea To Buy Cummins India Limited (NSE:CUMMINSIND) For Its Next Dividend

Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Jul 26
Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Investors In Cummins India Limited (NSE:CUMMINSIND) Should Consider This, First

Jun 23
Investors In Cummins India Limited (NSE:CUMMINSIND) Should Consider This, First

Shareholder Returns

CUMMINSINDIN MachineryIN Market
7D6.1%2.9%1.3%
1Y70.7%32.8%8.5%

Return vs Industry: CUMMINSIND exceeded the Indian Machinery industry which returned 32.9% over the past year.

Return vs Market: CUMMINSIND exceeded the Indian Market which returned 9.2% over the past year.

Price Volatility

Is CUMMINSIND's price volatile compared to industry and market?
CUMMINSIND volatility
CUMMINSIND Average Weekly Movement3.7%
Machinery Industry Average Movement6.0%
Market Average Movement5.6%
10% most volatile stocks in IN Market8.9%
10% least volatile stocks in IN Market3.3%

Stable Share Price: CUMMINSIND is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CUMMINSIND's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19623,167Ashwath Ramhttps://www.cummins.com/en/in/company/cummins-india?locset=IN

Cummins India Limited designs, manufactures, distributes, and services engines, generator sets, and related technologies in India. The company operates through three business units: Engine Business, Power Systems Business, and Distribution Business. The Engine Business segment manufactures and markets diesel engines ranging from 50 HP to 600 HP for off-highway applications, as well as off-highway commercial equipment industry comprising construction and compressor.

Cummins India Limited Fundamentals Summary

How do Cummins India's earnings and revenue compare to its market cap?
CUMMINSIND fundamental statistics
Market Cap₹485.18b
Earnings (TTM)₹12.28b
Revenue (TTM)₹77.72b

39.5x

P/E Ratio

6.2x

P/S Ratio

Is CUMMINSIND overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CUMMINSIND income statement (TTM)
Revenue₹77.72b
Cost of Revenue₹52.23b
Gross Profit₹25.50b
Other Expenses₹13.21b
Earnings₹12.28b

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)44.31
Gross Margin32.80%
Net Profit Margin15.80%
Debt/Equity Ratio6.1%

How did CUMMINSIND perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

56%

Payout Ratio

Does CUMMINSIND pay a reliable dividends?

See CUMMINSIND dividend history and benchmarks
When do you need to buy CUMMINSIND by to receive an upcoming dividend?
Cummins India dividend dates
Ex Dividend DateJul 26 2023
Dividend Pay DateAug 31 2023
Days until Ex dividend54 days
Days until Dividend pay date90 days

Does CUMMINSIND pay a reliable dividends?

See CUMMINSIND dividend history and benchmarks