Cummins India Limited

NSEI:CUMMINSIND Stock Report

Market Cap: ₹915.8b

Cummins India Management

Management criteria checks 3/4

Cummins India's CEO is Ashwath Ram, appointed in Aug 2019, has a tenure of 4.75 years. total yearly compensation is ₹47.70M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth ₹45.43M. The average tenure of the management team and the board of directors is 3.2 years and 3.9 years respectively.

Key information

Ashwath Ram

Chief executive officer

₹47.7m

Total compensation

CEO salary percentage100.0%
CEO tenure4.8yrs
CEO ownership0.005%
Management average tenure3.2yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

Is There Now An Opportunity In Cummins India Limited (NSE:CUMMINSIND)?

Apr 02
Is There Now An Opportunity In Cummins India Limited (NSE:CUMMINSIND)?

Shareholders Would Enjoy A Repeat Of Cummins India's (NSE:CUMMINSIND) Recent Growth In Returns

Mar 18
Shareholders Would Enjoy A Repeat Of Cummins India's (NSE:CUMMINSIND) Recent Growth In Returns

Here's Why Cummins India (NSE:CUMMINSIND) Has Caught The Eye Of Investors

Mar 03
Here's Why Cummins India (NSE:CUMMINSIND) Has Caught The Eye Of Investors

Earnings Not Telling The Story For Cummins India Limited (NSE:CUMMINSIND) After Shares Rise 29%

Feb 18
Earnings Not Telling The Story For Cummins India Limited (NSE:CUMMINSIND) After Shares Rise 29%

Cummins India's (NSE:CUMMINSIND) Dividend Will Be Increased To ₹18.00

Feb 10
Cummins India's (NSE:CUMMINSIND) Dividend Will Be Increased To ₹18.00

Cummins India Limited's (NSE:CUMMINSIND) Business Is Trailing The Market But Its Shares Aren't

Jan 03
Cummins India Limited's (NSE:CUMMINSIND) Business Is Trailing The Market But Its Shares Aren't

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

Dec 16
Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Here's Why We Think Cummins India (NSE:CUMMINSIND) Is Well Worth Watching

Nov 30
Here's Why We Think Cummins India (NSE:CUMMINSIND) Is Well Worth Watching

The Trend Of High Returns At Cummins India (NSE:CUMMINSIND) Has Us Very Interested

Nov 05
The Trend Of High Returns At Cummins India (NSE:CUMMINSIND) Has Us Very Interested

Cummins India (NSE:CUMMINSIND) Has A Rock Solid Balance Sheet

Aug 25
Cummins India (NSE:CUMMINSIND) Has A Rock Solid Balance Sheet

Cummins India Limited (NSE:CUMMINSIND) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 06
Cummins India Limited (NSE:CUMMINSIND) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

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

Jul 23
Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

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

Jul 07
Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

Cummins India (NSE:CUMMINSIND) Is Very Good At Capital Allocation

Jun 26
Cummins India (NSE:CUMMINSIND) Is Very Good At Capital Allocation

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

Jun 10
Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

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

CEO Compensation Analysis

How has Ashwath Ram's remuneration changed compared to Cummins India's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹15b

Sep 30 2023n/an/a

₹14b

Jun 30 2023n/an/a

₹14b

Mar 31 2023₹48m₹48m

₹12b

Dec 31 2022n/an/a

₹11b

Sep 30 2022n/an/a

₹9b

Jun 30 2022n/an/a

₹9b

Mar 31 2022₹34m₹34m

₹9b

Dec 31 2021n/an/a

₹9b

Sep 30 2021n/an/a

₹9b

Jun 30 2021n/an/a

₹8b

Mar 31 2021₹24m₹24m

₹6b

Dec 31 2020n/an/a

₹6b

Sep 30 2020n/an/a

₹6b

Jun 30 2020n/an/a

₹6b

Mar 31 2020₹30m₹18m

₹7b

Compensation vs Market: Ashwath's total compensation ($USD572.16K) is below average for companies of similar size in the Indian market ($USD940.71K).

Compensation vs Earnings: Ashwath's compensation has increased by more than 20% in the past year.


CEO

Ashwath Ram (52 yo)

4.8yrs

Tenure

₹47,700,000

Compensation

Mr. Ashwath Ram has been Managing Director of Cummins India Limited since August 17, 2019 and has been its Executive Director since 2019. He is Managing Director at Tata Cummins Private Limited. Mr. Ram se...


Leadership Team

NamePositionTenureCompensationOwnership
Ashwath Ram
MD & Additional Executive Director4.8yrs₹47.70m0.0050%
₹ 45.4m
Ajay Patil
Chief Financial Officer4.1yrs₹29.10mno data
Vinaya Joshi
Company Secretary & Compliance Officer4yrs₹2.60mno data
Anjali Pandey
Chief Operating Officer2.3yrsno datano data
Annapurna Vishwanathan
Chief Information Officer2.3yrsno datano data
Ashish Aggarwal
Chief Administrative Officer1.4yrsno datano data
Sanjit Batra
Vice President of Legal & Secretarial2.3yrsno datano data
Amit Kumar
Chief of Staff6.3yrsno datano data
Pradheepram Ottikkutti
Head of Engineering of Cummins Group in India5.3yrsno datano data
Shubhankar Chatterji
Chief Supply Chain Officer2.3yrsno datano data

3.2yrs

Average Tenure

Experienced Management: CUMMINSIND's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashwath Ram
MD & Additional Executive Director4.8yrs₹47.70m0.0050%
₹ 45.4m
Rama Bijapurkar
Additional Independent Non-Executive Director3.9yrs₹2.30mno data
Nasser Munjee
Independent Non-Executive Director23.2yrs₹2.35mno data
Rajeev Bakshi
Independent Non-Executive Director23.6yrs₹2.40mno data
Jennifer Bush
Additional Non-Executive Non-Independent Director1.5yrsno datano data
Donald Jackson
Non-Executive Non-Independent Director5.6yrsno datano data
Lira Goswami
Non-Executive Independent Directorless than a yearno datano data
Bonnie Fetch
Additional Non-Executive Non-Independent1.5yrsno datano data
Rekha Anil
Independent Director1.8yrs₹1.26mno data

3.9yrs

Average Tenure

59yo

Average Age

Experienced Board: CUMMINSIND's board of directors are considered experienced (3.9 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.