Cummins India Future Growth
Future criteria checks 3/6
Cummins India is forecast to grow earnings and revenue by 10.1% and 13.9% per annum respectively. EPS is expected to grow by 9.5% per annum. Return on equity is forecast to be 24.8% in 3 years.
Key information
10.1%
Earnings growth rate
9.5%
EPS growth rate
| Machinery earnings growth | 17.2% |
| Revenue growth rate | 13.9% |
| Future return on equity | 24.8% |
| Analyst coverage | Good |
| Last updated | 26 Nov 2024 |
Recent future growth updates
Recent updates
We Think That There Are Issues Underlying Cummins India's (NSE:CUMMINSIND) Earnings
Nov 15
Should You Investigate Cummins India Limited (NSE:CUMMINSIND) At ₹3,370?
Oct 26Pinning Down Cummins India Limited's (NSE:CUMMINSIND) P/E Is Difficult Right Now
Aug 21We Take A Look At Why Cummins India Limited's (NSE:CUMMINSIND) CEO Has Earned Their Pay Packet
Aug 01Investors Shouldn't Overlook Cummins India's (NSE:CUMMINSIND) Impressive Returns On Capital
Jul 29Cummins India (NSE:CUMMINSIND) Has A Rock Solid Balance Sheet
Jul 12We Ran A Stock Scan For Earnings Growth And Cummins India (NSE:CUMMINSIND) Passed With Ease
Jun 27Cummins India Limited's (NSE:CUMMINSIND) 27% Price Boost Is Out Of Tune With Earnings
May 21Is There Now An Opportunity In Cummins India Limited (NSE:CUMMINSIND)?
Apr 02Shareholders Would Enjoy A Repeat Of Cummins India's (NSE:CUMMINSIND) Recent Growth In Returns
Mar 18Here's Why Cummins India (NSE:CUMMINSIND) Has Caught The Eye Of Investors
Mar 03Earnings Not Telling The Story For Cummins India Limited (NSE:CUMMINSIND) After Shares Rise 29%
Feb 18Cummins India's (NSE:CUMMINSIND) Dividend Will Be Increased To ₹18.00
Feb 10Cummins India Limited's (NSE:CUMMINSIND) Business Is Trailing The Market But Its Shares Aren't
Jan 03Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?
Dec 16Here's Why We Think Cummins India (NSE:CUMMINSIND) Is Well Worth Watching
Nov 30The Trend Of High Returns At Cummins India (NSE:CUMMINSIND) Has Us Very Interested
Nov 05Cummins India (NSE:CUMMINSIND) Has A Rock Solid Balance Sheet
Aug 25Cummins India Limited (NSE:CUMMINSIND) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 06Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 23Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year
Jul 07Cummins India (NSE:CUMMINSIND) Is Very Good At Capital Allocation
Jun 26Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 10Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year
May 27If EPS Growth Is Important To You, Cummins India (NSE:CUMMINSIND) Presents An Opportunity
May 23Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?
Mar 15Cummins India (NSE:CUMMINSIND) Will Pay A Larger Dividend Than Last Year At ₹12.00
Feb 11Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?
Jan 31Investors Met With Slowing Returns on Capital At Cummins India (NSE:CUMMINSIND)
Jan 18Is Cummins India (NSE:CUMMINSIND) A Risky Investment?
Dec 04Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down
Oct 10Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?
Sep 24Is Now An Opportune Moment To Examine Cummins India Limited (NSE:CUMMINSIND)?
Sep 10Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50
Jul 18We Think Cummins India (NSE:CUMMINSIND) Can Manage Its Debt With Ease
Jul 02Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50
May 29Returns On Capital At Cummins India (NSE:CUMMINSIND) Have Hit The Brakes
May 18With EPS Growth And More, Cummins India (NSE:CUMMINSIND) Is Interesting
Mar 30At ₹1,027, Is Cummins India Limited (NSE:CUMMINSIND) Worth Looking At Closely?
Mar 16Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 12Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down
Feb 11Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 139,185 | 24,715 | 17,795 | 19,653 | 19 |
| 3/31/2026 | 120,093 | 21,344 | 14,965 | 16,844 | 21 |
| 3/31/2025 | 102,980 | 18,478 | 13,675 | 15,228 | 21 |
| 9/30/2024 | 96,846 | 19,498 | 10,297 | 12,519 | N/A |
| 6/30/2024 | 90,975 | 18,295 | N/A | N/A | N/A |
| 3/31/2024 | 90,002 | 17,206 | 9,972 | 12,853 | N/A |
| 12/31/2023 | 86,150 | 15,306 | N/A | N/A | N/A |
| 9/30/2023 | 82,587 | 14,455 | 9,407 | 11,863 | N/A |
| 6/30/2023 | 82,944 | 13,837 | N/A | N/A | N/A |
| 3/31/2023 | 77,721 | 12,282 | 6,580 | 8,197 | N/A |
| 12/31/2022 | 73,404 | 10,955 | N/A | N/A | N/A |
| 9/30/2022 | 68,990 | 9,308 | 7,375 | 8,807 | N/A |
| 6/30/2022 | 66,719 | 8,849 | N/A | N/A | N/A |
| 3/31/2022 | 61,709 | 9,337 | 6,076 | 7,119 | N/A |
| 12/31/2021 | 59,251 | 8,860 | N/A | N/A | N/A |
| 9/30/2021 | 56,124 | 8,768 | 6,422 | 7,550 | N/A |
| 6/30/2021 | 50,522 | 8,290 | N/A | N/A | N/A |
| 3/31/2021 | 43,601 | 6,350 | 6,724 | 7,887 | N/A |
| 12/31/2020 | 41,663 | 6,367 | N/A | N/A | N/A |
| 9/30/2020 | 41,916 | 5,963 | 1,980 | 3,454 | N/A |
| 6/30/2020 | 43,426 | 6,061 | N/A | N/A | N/A |
| 3/31/2020 | 51,915 | 7,056 | 3,425 | 6,007 | N/A |
| 12/31/2019 | 54,782 | 6,917 | N/A | N/A | N/A |
| 9/30/2019 | 55,362 | 6,893 | 1,184 | 4,905 | N/A |
| 6/30/2019 | 57,121 | 7,110 | N/A | N/A | N/A |
| 3/31/2019 | 56,973 | 7,426 | 2,702 | 5,532 | N/A |
| 3/31/2018 | 51,119 | 7,118 | N/A | 6,319 | N/A |
| 3/31/2017 | 51,064 | 7,363 | N/A | 7,482 | N/A |
| 3/31/2016 | 47,829 | 7,213 | N/A | 6,955 | N/A |
| 12/31/2015 | 47,924 | 7,781 | N/A | N/A | N/A |
| 9/30/2015 | 47,286 | 7,808 | N/A | N/A | N/A |
| 6/30/2015 | 46,750 | 7,846 | N/A | N/A | N/A |
| 3/31/2015 | 49,643 | 7,720 | N/A | 5,895 | N/A |
| 12/31/2014 | 42,404 | 7,372 | N/A | N/A | N/A |
| 9/30/2014 | 41,840 | 7,034 | N/A | N/A | N/A |
| 6/30/2014 | 39,807 | 6,458 | N/A | N/A | N/A |
| 3/31/2014 | 39,767 | 6,000 | N/A | 3,611 | N/A |
| 12/31/2013 | 41,515 | 6,468 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CUMMINSIND's forecast earnings growth (10.1% per year) is above the savings rate (6.7%).
Earnings vs Market: CUMMINSIND's earnings (10.1% per year) are forecast to grow slower than the Indian market (17.9% per year).
High Growth Earnings: CUMMINSIND's earnings are forecast to grow, but not significantly.
Revenue vs Market: CUMMINSIND's revenue (13.9% per year) is forecast to grow faster than the Indian market (10.4% per year).
High Growth Revenue: CUMMINSIND's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CUMMINSIND's Return on Equity is forecast to be high in 3 years time (24.8%)