BAJAJ BROKING

Notification
No new Notification messages
Ather Energy IPO is Open!
Apply for the Ather Energy IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

1901

500480

CUMMINSIND

img img img img
No Data Available

Experience smart and hassle-free investing in minutes with Bajaj Broking! *T&C apply

CUMMINS INDIA LTD performance

Today’s low

Today’s high

₹ 2870.90 ₹ 2928.80
₹ 2895.40

52 week low

52 week high

₹ 2580.00 ₹ 4171.90
₹ 2895.40

Open Price

₹ 2899.90

Prev. Close

₹ 2899.90

Volume (Shares)

306927.00

Total traded value

₹ 8886.76

Upper Circuit

₹ 3189.80

Lower Circuit

₹ 2610.00

info

CUMMINS INDIA LTD Share Price Update

As of the latest trading session, CUMMINS INDIA LTD share price is currently at ₹ 2895.4, which is down by ₹ -4.50 from its previous closing. Today, the stock has fluctuated between ₹ 2870.90 and ₹ 2928.80. Over the past year, CUMMINS INDIA LTD has achieved a return of -12.27 %. In the last month alone, the return has been -3.66 %. Read More...

CUMMINS INDIA LTD fundamentals


  • Market cap (Cr)

    80,260.48

  • P/E Ratio (TTM)

    41.31

  • Beta

    1.49

  • Book Value / share

    233.64

  • Return on equity

    28.80%

  • EPS (TTM)

    70.20

  • Dividend yield

    1.31%

  • Net profit/quarter (Cr)

    514.00

info icon alternate text
  • Market cap (Cr)

    79,927.84

  • P/E Ratio (TTM)

    41.31

  • Beta

    1.46

  • Book Value / share

    233.64

  • Return on equity

    28.80%

  • EPS (TTM)

    70.20

  • Dividend yield

    1.31%

  • Net profit/quarter (Cr)

    514.00

info icon alternate text

CUMMINS INDIA LTD Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars DEC 2024 (Values in Cr)
Revenue 3041.42
Operating Expense 2536.74
Net Profit 514.00
Net Profit Margin (%) 16.90
Earnings Per Share (EPS) 18.54
EBITDA 720.88
Effective Tax Rate (%) 23.30
Particulars SEP 2024 (Values in Cr)
Revenue 2448.40
Operating Expense 2059.04
Net Profit 450.61
Net Profit Margin (%) 18.40
Earnings Per Share (EPS) 16.26
EBITDA 642.15
Effective Tax Rate (%) 24.18
Particulars JUN 2024 (Values in Cr)
Revenue 2262.03
Operating Expense 1885.50
Net Profit 419.80
Net Profit Margin (%) 18.55
Earnings Per Share (EPS) 15.14
EBITDA 599.55
Effective Tax Rate (%) 23.79
Particulars MAR 2024 (Values in Cr)
Revenue 2268.50
Operating Expense 1820.07
Net Profit 561.52
Net Profit Margin (%) 24.75
Earnings Per Share (EPS) 20.26
EBITDA 748.73
Effective Tax Rate (%) 19.84
Particulars DEC 2023 (Values in Cr)
Revenue 2501.81
Operating Expense 2044.32
Net Profit 454.92
Net Profit Margin (%) 18.18
Earnings Per Share (EPS) 16.41
EBITDA 649.83
Effective Tax Rate (%) 24.38
Particulars MAR 2024 (Values in Cr)
Revenue 8816.38
Operating Expense 7381.63
Net Profit 1660.62
Net Profit Margin (%) 18.83
Earnings Per Share (EPS) 59.91
EBITDA 2327.47
Effective Tax Rate (%) 22.51
Particulars MAR 2023 (Values in Cr)
Revenue 7612.32
Operating Expense 6658.05
Net Profit 1129.82
Net Profit Margin (%) 14.84
Earnings Per Share (EPS) 40.76
EBITDA 1648.30
Effective Tax Rate (%) 24.27
Particulars MAR 2022 (Values in Cr)
Revenue 6025.56
Operating Expense 5400.81
Net Profit 886.65
Net Profit Margin (%) 14.71
Earnings Per Share (EPS) 31.99
EBITDA 1304.97
Effective Tax Rate (%) 23.52
Particulars MAR 2021 (Values in Cr)
Revenue 4256.09
Operating Expense 3891.43
Net Profit 617.87
Net Profit Margin (%) 14.51
Earnings Per Share (EPS) 22.29
EBITDA 949.65
Effective Tax Rate (%) 23.52
Particulars MAR 2020 (Values in Cr)
Revenue 5061.60
Operating Expense 4710.36
Net Profit 629.34
Net Profit Margin (%) 12.43
Earnings Per Share (EPS) 22.70
EBITDA 897.96
Effective Tax Rate (%) 17.08
Particulars MAR 2024 (Values in Cr)
Book Value / Share 238.54
ROE % 27.82
ROCE % 33.77
Total Debt to Total Equity 0.04
EBITDA Margin 26.57
Particulars MAR 2023 (Values in Cr)
Book Value / Share 207.73
ROE % 22.53
ROCE % 26.89
Total Debt to Total Equity 0.07
EBITDA Margin 22.51
Particulars MAR 2022 (Values in Cr)
Book Value / Share 185.60
ROE % 16.61
ROCE % 20.31
Total Debt to Total Equity 0.05
EBITDA Margin 19.43
Particulars MAR 2021 (Values in Cr)
Book Value / Share 167.80
ROE % 14.03
ROCE % 17.11
Total Debt to Total Equity 0.06
EBITDA Margin 22.22
Particulars MAR 2020 (Values in Cr)
Book Value / Share 158.80
ROE % 16.25
ROCE % 17.01
Total Debt to Total Equity 0.09
EBITDA Margin 18.28
Particulars MAR 2024 (Values in Cr)
Book Value / Share 222.33
ROE % 28.80
ROCE % 35.11
Total Debt to Total Equity 0.04
EBITDA Margin 25.98
Particulars MAR 2023 (Values in Cr)
Book Value / Share 193.65
ROE % 22.11
ROCE % 26.78
Total Debt to Total Equity 0.08
EBITDA Margin 21.28
Particulars MAR 2022 (Values in Cr)
Book Value / Share 175.06
ROE % 16.58
ROCE % 20.48
Total Debt to Total Equity 0.05
EBITDA Margin 18.71
Particulars MAR 2021 (Values in Cr)
Book Value / Share 158.97
ROE % 14.40
ROCE % 17.64
Total Debt to Total Equity 0.06
EBITDA Margin 21.94
Particulars MAR 2020 (Values in Cr)
Book Value / Share 150.61
ROE % 15.15
ROCE % 16.67
Total Debt to Total Equity 0.10
EBITDA Margin 17.41
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 1512.78
Total Assets 8970.51
Total Liabilities 8970.51
Total Equity 6612.32
Share Outstanding 277200000
Price to Book Ratio 13.53
Return on Assets (%) 19.18
Return on Capital (%) 25.63
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 1386.23
Total Assets 7918.64
Total Liabilities 7918.64
Total Equity 5758.24
Share Outstanding 277200000
Price to Book Ratio 8.41
Return on Assets (%) 15.50
Return on Capital (%) 20.11
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 1426.75
Total Assets 7111.99
Total Liabilities 7111.99
Total Equity 5144.97
Share Outstanding 277200000
Price to Book Ratio 6.42
Return on Assets (%) 13.12
Return on Capital (%) 16.86
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 965.26
Total Assets 5956.21
Total Liabilities 5956.21
Total Equity 4651.37
Share Outstanding 277200000
Price to Book Ratio 5.78
Return on Assets (%) 10.66
Return on Capital (%) 13.59
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 464.55
Total Assets 6196.07
Total Liabilities 6196.07
Total Equity 4402.04
Share Outstanding 277200000
Price to Book Ratio 2.16
Return on Assets (%) 11.38
Return on Capital (%) 14.43
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 1504.66
Total Assets 8498.47
Total Liabilities 8498.47
Total Equity 6163.09
Share Outstanding 277200000
Price to Book Ratio 13.53
Return on Assets (%) 19.54
Return on Capital (%) 26.51
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 1380.81
Total Assets 7512.04
Total Liabilities 7512.04
Total Equity 5367.98
Share Outstanding 277200000
Price to Book Ratio 8.41
Return on Assets (%) 15.04
Return on Capital (%) 19.76
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 1426.74
Total Assets 6805.11
Total Liabilities 6805.11
Total Equity 4852.66
Share Outstanding 277200000
Price to Book Ratio 6.42
Return on Assets (%) 13.02
Return on Capital (%) 16.9
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 965.18
Total Assets 5696.92
Total Liabilities 5696.92
Total Equity 4406.77
Share Outstanding 277200000
Price to Book Ratio 5.78
Return on Assets (%) 10.84
Return on Capital (%) 13.97
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 464.50
Total Assets 5954.05
Total Liabilities 5954.05
Total Equity 4174.96
Share Outstanding 277200000
Price to Book Ratio 2.16
Return on Assets (%) 10.56
Return on Capital (%) 13.5
Particulars MAR 2024 (Values in Cr)
Net Income 2204.61
Cash from Operations 1786.58
Cash from Investing -268.23
Cash from Financing -1134.25
Net change in Cash -117.14
Free Cash Flow 2072.60
Particulars MAR 2023 (Values in Cr)
Net Income 1591.29
Cash from Operations 1171.79
Cash from Investing 69.14
Cash from Financing -687.34
Net change in Cash 201.46
Free Cash Flow 1333.85
Particulars MAR 2022 (Values in Cr)
Net Income 1206.98
Cash from Operations 966.50
Cash from Investing -586.25
Cash from Financing -82.25
Net change in Cash 43.37
Free Cash Flow 1118.52
Particulars MAR 2021 (Values in Cr)
Net Income 825.00
Cash from Operations 872.64
Cash from Investing 15.45
Cash from Financing -873.16
Net change in Cash -69.03
Free Cash Flow 950.63
Particulars MAR 2020 (Values in Cr)
Net Income 807.48
Cash from Operations 763.03
Cash from Investing -213.91
Cash from Financing -412.27
Net change in Cash -25.48
Free Cash Flow 1011.41
Particulars MAR 2024 (Values in Cr)
Net Income 2143.05
Cash from Operations 1777.27
Cash from Investing -267.32
Cash from Financing -1132.59
Net change in Cash -119.84
Free Cash Flow 2062.33
Particulars MAR 2023 (Values in Cr)
Net Income 1492.07
Cash from Operations 1163.08
Cash from Investing 69.37
Cash from Financing -684.41
Net change in Cash 196.05
Free Cash Flow 1324.76
Particulars MAR 2022 (Values in Cr)
Net Income 1159.45
Cash from Operations 961.39
Cash from Investing -586.22
Cash from Financing -77.40
Net change in Cash 43.44
Free Cash Flow 1113.26
Particulars MAR 2021 (Values in Cr)
Net Income 807.96
Cash from Operations 871.06
Cash from Investing 15.53
Cash from Financing -872.44
Net change in Cash -69.06
Free Cash Flow 948.89
Particulars MAR 2020 (Values in Cr)
Net Income 759.06
Cash from Operations 759.91
Cash from Investing -213.47
Cash from Financing -410.92
Net change in Cash -25.41
Free Cash Flow 1007.80
Company Name Price P/E P/B Market Cap 52 Week Low/High
BATLIBOI LTD. 93.48 37.54 1.53 320.73 75.00 / 199.80
GRAPHITE INDIA LTD 459.05 20.95 1.53 8968.72 366.00 / 695.10
CARBORUNDUM UNIVERSAL LTD 1039.80 43.80 5.93 19800.15 810.00 / 1835.65
ELECON ENG. CO. LTD 560.10 30.28 6.28 12568.64 348.05 / 738.85
Company Name Price P/E P/B Market Cap 52 Week Low/High
BATLIBOI LTD. 93.48 161.17 1.74 320.73 75.00 / 199.80
GRAPHITE INDIA LTD 459.05 21.15 1.62 8968.72 366.00 / 695.10
CARBORUNDUM UNIVERSAL LTD 1039.80 55.84 8.13 19800.15 810.00 / 1835.65
ELECON ENG. CO. LTD 560.10 36.97 7.60 12568.64 348.05 / 738.85

CUMMINS INDIA LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
2895.40 -0.15 redarrow
red-green-graph indicator
14 Bearish
2 Bullish
  • 5 Days 2905.40
  • 26 Days 2903.00
  • 10 Days 2902.90
  • 50 Days 2921.60
  • 12 Days 2902.60
  • 100 Days 3023.20
  • 20 Days 2902.80
  • 200 Days 3106.70
2902.90 PIVOT

First Support

2867.70

First Resistance

2955.80

Second Support

2814.80

Second Resistance

2991.00

Third Support

2779.60

Third Resistance

3043.90

RSI

49.76

ADX

8.96

MACD

-0.40

Williams % R

-18.52

Commodity Channel Index (CCI)

9.18

Date

2025-04-29

Week

184019.00

Same Day

165538.00

Month

217449.00

1 Year

1.50

3 Year

1.10

Over 1 Month

-3.66%

down

Over 1 Year

-12.27%

down

Over 3 Months

1.79%

down

Over 3 Years

41.18%

down

Over 6 Months

-16.53%

down

Over 5 Years

50.23%

down

Invest with Confidence

Left Arrow
MTF boost
Buy Now. Pay Later

Boost your capital upto 5 X

img
IPO boost
Invest in IPOs
They give good returns
img
Right Arrow

CUMMINS INDIA LTD shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
8.84%
Promoter Holdings
51.0%
FII
17.21%
DII
22.93%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
Cummins Inc 1.41372E8 (51.0%) Shareholding of Promoter and Promoter Group
Icici Prudential Bluechip Fund 1.3324363E7 (4.81%) Public Shareholding
Nps Trust- A/c Sbi Pension Fund Scheme - State Govt 5901063.0 (2.13%) Public Shareholding
Hdfc Mutual Fund - Hdfc Mid-cap Opportunities Fund 4166086.0 (1.5%) Public Shareholding
Sbi Life Insurance Co. Ltd 3536011.0 (1.28%) Public Shareholding
Sbi Long Term Equity Fund 2914150.0 (1.05%) Public Shareholding

News

Left Arrow
Right Arrow

CUMMINS INDIA LTD corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
21 Feb 2024 18.0 Interim 21 Feb 2024 Equity shares
26 Jul 2023 13.0 Final 26 Jul 2023 Equity shares
21 Feb 2023 12.0 Interim 21 Feb 2023 Equity shares
02 Aug 2022 10.5 Final 03 Aug 2022 Equity shares
21 Feb 2022 8.0 Interim 22 Feb 2022 Equity shares
04 Aug 2021 8.0 Final 05 Aug 2021 Equity shares
09 Feb 2021 7.0 Interim 10 Feb 2021 Equity shares
17 Aug 2020 7.0 Final 18 Aug 2020 Equity shares
07 Feb 2020 7.0 Interim 10 Feb 2020 Equity shares
31 Jul 2019 10.0 Final 02 Aug 2019 Equity shares
15 Feb 2019 7.0 Interim 18 Feb 2019 Equity shares
02 Aug 2018 10.0 Final 04 Aug 2018 Equity shares
15 Feb 2018 5.0 Interim 16 Feb 2018 Equity shares
27 Jul 2017 9.0 Final 29 Jul 2017 Equity shares
09 Feb 2017 5.0 Interim 11 Feb 2017 Equity shares
28 Jul 2016 9.0 Final 30 Jul 2016 Equity shares
11 Feb 2016 5.0 Interim 13 Feb 2016 Equity shares
30 Jul 2015 9.0 Final 01 Aug 2015 Equity shares
18 Sep 2014 5.0 Interim 20 Sep 2014 Equity shares
24 Jul 2014 8.0 Final 26 Jul 2014 Equity shares
13 Feb 2014 5.0 Interim 15 Feb 2014 Equity shares
25 Jul 2013 8.0 Final 27 Jul 2013 Equity shares
11 Feb 2013 5.0 Interim 12 Feb 2013 Equity shares
26 Jul 2012 6.0 Final 28 Jul 2012 Equity shares
21 Feb 2012 5.0 Interim 22 Feb 2012 Equity shares
28 Jul 2011 8.0 Final 30 Jul 2011 Equity shares
10 Feb 2011 7.0 Interim 11 Feb 2011 Equity shares
05 Aug 2010 6.0 Final 07 Aug 2010 Equity shares
14 Dec 2009 6.0 Interim 15 Dec 2009 Equity shares
23 Jul 2009 2.6 Final 25 Jul 2009 Equity shares
03 Feb 2009 4.0 Interim 04 Feb 2009 Equity shares
15 Dec 2008 2.4 Special 16 Dec 2008 Equity shares
17 Jul 2008 2.6 Final 19 Jul 2008 Equity shares
14 Feb 2008 2.0 Interim 15 Feb 2008 Equity shares
19 Jul 2007 2.0 Final 21 Jul 2007 Equity shares
08 Feb 2007 2.0 Interim 09 Feb 2007 Equity shares
15 Jul 2005 0.0 Final 19 Jul 2005 Equity shares
11 Feb 2005 0.0 Interim 14 Feb 2005 Equity shares
Ex-Date Ex-Bonus Ratio
21 Sep 2011 20 Sep 2011 2:5
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
21 Feb 2024 18.0 Interim 21 Feb 2024 Equity shares
26 Jul 2023 13.0 Final 26 Jul 2023 Equity shares
21 Feb 2023 12.0 Interim 21 Feb 2023 Equity shares
02 Aug 2022 10.5 Final 03 Aug 2022 Equity shares
21 Feb 2022 8.0 Interim 22 Feb 2022 Equity shares
04 Aug 2021 8.0 Final 05 Aug 2021 Equity shares
09 Feb 2021 7.0 Interim 10 Feb 2021 Equity shares
17 Aug 2020 7.0 Final 18 Aug 2020 Equity shares
07 Feb 2020 7.0 Interim 10 Feb 2020 Equity shares
31 Jul 2019 10.0 Final 02 Aug 2019 Equity shares
15 Feb 2019 7.0 Interim 18 Feb 2019 Equity shares
02 Aug 2018 10.0 Final 04 Aug 2018 Equity shares
15 Feb 2018 5.0 Interim 16 Feb 2018 Equity shares
27 Jul 2017 9.0 Final 29 Jul 2017 Equity shares
09 Feb 2017 5.0 Interim 11 Feb 2017 Equity shares
28 Jul 2016 9.0 Final 30 Jul 2016 Equity shares
11 Feb 2016 5.0 Interim 13 Feb 2016 Equity shares
30 Jul 2015 9.0 Final 01 Aug 2015 Equity shares
18 Sep 2014 5.0 Interim 20 Sep 2014 Equity shares
24 Jul 2014 8.0 Final 26 Jul 2014 Equity shares
13 Feb 2014 5.0 Interim 15 Feb 2014 Equity shares
25 Jul 2013 8.0 Final 27 Jul 2013 Equity shares
11 Feb 2013 5.0 Interim 12 Feb 2013 Equity shares
26 Jul 2012 6.0 Final 28 Jul 2012 Equity shares
21 Feb 2012 5.0 Interim 22 Feb 2012 Equity shares
28 Jul 2011 8.0 Final 30 Jul 2011 Equity shares
10 Feb 2011 7.0 Interim 11 Feb 2011 Equity shares
05 Aug 2010 6.0 Final 07 Aug 2010 Equity shares
14 Dec 2009 6.0 Interim 15 Dec 2009 Equity shares
23 Jul 2009 2.6 Final 25 Jul 2009 Equity shares
03 Feb 2009 4.0 Interim 04 Feb 2009 Equity shares
15 Dec 2008 2.4 Special 16 Dec 2008 Equity shares
17 Jul 2008 2.6 Final 19 Jul 2008 Equity shares
14 Feb 2008 2.0 Interim 15 Feb 2008 Equity shares
19 Jul 2007 2.0 Final 21 Jul 2007 Equity shares
08 Feb 2007 2.0 Interim 09 Feb 2007 Equity shares
15 Jul 2005 0.0 Final 19 Jul 2005 Equity shares
11 Feb 2005 0.0 Interim 14 Feb 2005 Equity shares
Ex-Date Ex-Bonus Ratio
21 Sep 2011 20 Sep 2011 2:5
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]

Cummins India Share Result Highlights

In Q2 (September 2024), Cummins India reported sales of ₹2,492 crore, marking an impressive YoY growth of 31.2%. The operating profit stood at ₹481 crore with an OPM of 19%. Profit before tax rose to ₹594 crore, compared to ₹426 crore in the same quarter last year. The net profit for the quarter was ₹451 crore, a 37% YoY increase from ₹329 crore. The strong results reflect robust demand across sectors and effective cost management, contributing to the company's consistent performance and the positive trends in Cummin India’s share price.

Cummins India Share Annual Reports

Cummins India delivered strong financials in FY24, with annual sales reaching ₹8,959 crore, a 15.7% increase from ₹7,744 crore in FY23. Profit before tax surged to ₹2,143 crore, compared to ₹1,492 crore the previous year, while net profit climbed to ₹1,661 crore from ₹1,130 crore in FY23. The company achieved an EPS of ₹59.91, reflecting its efficient operations and market leadership. With a focus on innovation and expansion, the company remains well-positioned for sustained growth. As a result, Cummins India’s share price CAGR for the period stood at an impressive 77%.

Cummins India Share Dividend

Cummins India maintained a dividend payout ratio of 63%, demonstrating its commitment to shareholder returns. The dividend yield stood at 1.1%, supported by the company’s strong profitability and steady growth. With a robust ROE of 28% in FY24, Cummins balances reinvestment for future expansion with rewarding its investors. Its consistent dividend policy aligns with its strategy to deliver long-term value while maintaining financial stability and market competitiveness. This is reflected in the 3-year CAGR of Cummins India’s share price which is 56%.

Popular FAQs

Who is the CEO of Cummins India Ltd ?

The Managing Director of Cummins India Ltd is Shveta Arya, who leads the company in its operations across power generation, automotive, and industrial markets.

 

When was Cummins India Ltd established?

Cummins India Ltd was established in 1962 and is a leading manufacturer of diesel and gas engines, as well as power solutions in India.

 

What factors influence the Cummins India Share Price?

Cummins India’s share price is influenced by factors such as demand for power generation equipment, industrial growth, government infrastructure projects, and the company’s overall financial performance.

 

Is Cummins India Ltd debt free?

Cummins India Ltd is reputed to be very low on debt, highlighting its strong financial health and efficient management of resources.

 

What is the CAGR of Cummins India Share ?

The CAGR of Cummins India’s share is 14% over 10 years, 43% over 5 years, and 56% over 3 years.

 

How has the Cummins India Share Price performed over the past year?

Over the past year, Cummins India’s share price has increased by 77%, driven by strong demand for its products and positive investor sentiment in the industrial and power sectors.

CUMMINS INDIA LTD Share Price

Cummins India Limited was erstwhile incorporated in 1962 with the name 'Kirloskar Cummins Limited'. Kirloskar Oil Engines Limited and Cummins Company Inc., Columbus, USA promoted the Company. The name of the Company was changed from Kirloskar Cummins Limited to Cummins India Limited on effective September 10, 1997. The Company is a leading manufacturer of diesel and natural gas engines. The Company is engaged in the business of manufacturing, trading and selling of engines and allied activities. It presently operates in three business segments: Engine, Power Systems, and Distribution. The Engine Business manufactures engines from 60 HP for low, medium and heavy-duty on-highway commercial vehicle markets and off-highway commercial equipment industry spanning construction and compressor. The Power Systems Business designs and manufactures high horsepower engines from 700 HP to 4500 HP for marine, railways, defense and mining applications as well as power generation systems comprising of integrated generator sets in the range of 7.5 kVA to 3750 kVA including transfer switches, paralleling switchgear and controls for use in standby, prime and continuous rated systems.

The Distribution Business was acquired in 1967, with the objective of providing products, packages, services and solutions for uptime of Cummins equipments. Through its country-wide network of 31 authorized dealerships, over 200 branch offices and 450 service touch points, the business provides parts, new and rebuilt engines, batteries, services and customer support solutions to products manufactured by Cummins. This network offers a strong team of more than 5,000 company trained engineers and technicians who handle service events of 3,50,000 engines on the field, serving over 1,00,000 customers across various markets in India, Nepal and Bhutan. The Company is a 51% subsidiary of Cummins Inc. USA., the world's largest independent designer and manufacturer of diesel engines above 200 HP.

The company started their operations in Pune. The partnership continued to flourish, till up till 1997, when the Kirloskar sold their ownership in the company. Also, Cummins Inc. increased their stake to 51% and the rest being traded on the Bombay Stock Exchange. This led to the formation of Cummins India Ltd, a consolidated subsidiary of Cummins Inc.

In the year 1987, the joint venture Fleetguard Filters Pvt Ltd was formed between Cummins Filtration Inc. and Perfect Sealing Systems Pvt Ltd to manufacture air, fuel, oil and water filters for Cummins and other engine manufacturers. In the year 1989, the company started another joint venture with Crompton Greaves & Newage, and formed CG Newage Ltd. Crompton sold its holding to Cummins in 2002. In 2006, Cummins took over completely and the entity began operating under the name of Cummins Generator Technologies India Limited. Three manufacturing facilities, each in Pune, Ahmednagar and Ranjangaon manufacture alternators ranging from 5 to 2000 kVA. Aligned with the Corporation's initiatives towards a cleaner and healthier environment, the plant in Ranjangaon set up in 2007, is the first green plant in India.

In the year 1993, Cummins Inc. and Tata Motors Ltd formed another joint venture, Tata Cummins Ltd to produce mid-range engines for Tata Motors' commercial vehicles. With a manufacturing plant at Jamshedpur and a second plant at Phaltan in Maharashtra, Tata Cummins Limited remains a significant contributor to Cummins' profitable growth in India. In the year 1998, Valvoline Cummins Ltd was started as a 50:50 joint venture between Cummins India Ltd and Ashland that manufactures automotive lubricants, transmission fluids, gear oils, hydraulic lubricants, automotive filters, specialty products, greases and cooling system products. The entity is headquartered in Delhi, with a manufacturing facility at Panvel.

In the year 2002, Cummins Infotech Ltd was merged into KPIT Infosystems Ltd to form KPIT Cummins Infosystems Ltd, a global IT consulting and product engineering partner to manufacturing and financial services organizations. In the year 2003, Cummins Research Technology India Ltd was started in Pune as part of a global effort to perform low-cost, high-quality engineering work. It was the first, and so far the only, Cummins research center to be built without physical laboratories. The facility uses the latest computer technology to support design and analysis for Cummins worldwide. In the year 2008, Cummins Technologies India Ltd was formed.

During the year 2009-10, as per the scheme of amalgamation, Cummins Sales & Services India Ltd (CSS) and Cummins Auto Services Ltd (CASL) were amalgamated with the company with effect from April 01, 2008. The scheme became operative on April 1, 2009.

On 26 January 2011, Cummins Inc. announced that it has entered into an agreement to sell its exhaust business to Global Tube, a portfolio company of Wind Point Partners, a private equity firm headquartered in Chicago. Consequently, the joint venture partners in India; Cummins India Limited and Cummins Filtration Inc. USA will be divesting their shares in Cummins Exhaust India Limited. In April 2011, the company divested their entire 2 million shares held in Cummins Exhaust India Ltd for a consideration of Rs 5,344 lakh.

On 4 August 2011, Cummins India announced that the company's Board of Directors has recommended issue of Bonus Shares in the proportion of 2:5 i.e. 2 (two) Bonus equity shares of Rs. 2/- each for every 5 (five) existing equity shares of Rs. 2/- each fully paid up, by capitalization of reserves of the company.

In 2011, Cummins SVAM Sales and Service Ltd. was incorporated as a 50:50 joint venture dealership between Cummins India Ltd. and SVAM.On 9 May 2012, the Power Generation Business of Cummins India announced a price increase of up to 3 percent for its diesel generator sets and generator set engines in the range of 7.5 kVA and 3000 kVA, owing to the current industry dynamics and projected market conditions. The price increase will be effective from 1 June 2012.

On 29 November 2012, the power generation business of Cummins India announced a price increase of up to 3 percent for its diesel generator sets and generator set engines in the range of 7.5 kVA and 3000 kVA. The price increase will be effective from 1 January 2013.

On 18 December 2013, Cummins India announced the launch of its power generation product line, compliant with the new environmental norms.

On 11 August 2016, the Power Systems business of Cummins India announced the launch of the new 250 kVA generator set based on the L9 (8.9 litres) engine platform. With this launch the company adds another technologically advanced solution to its existing 7.5 kVA to 3750 kVA range of generator sets, the widest range offered to the Indian market by a single manufacturer.

As on 31 March 2017,the company has one subsidiary,one associate and two joint venture companies,namely i. Cummins Sales & Service Private Limited,ii. Cummins Research and Technology India Private Limited,iii. Valvoline Cummins Private Limited,iv, Cummins Generator Technologies India Private Limited.

The Company was presented with the 'Best Supplier' award by BEML in 2017 for the last two consecutive years - 2015 & 2016.

During the FY2018,in order to provide dedicated installation and commissioning support to Indian Railways, your Company inaugurated a site office at Integral Coach Factory (ICF), Chennai.

During the FY2019, the Company enhanced its position in the Construction & Compressor segments with a sustained growth of 28% by volume in FY 2018-19 over FY 2017-18. The company,for the second consecutive year,has provided over 4000MW of backup power to customers across India.

The company's power generation SEZ plant bagged Golden Peacock Occupational Health and Safety Award for Innovative Environmental project title at Confederation of Indian Industry (CII) Environmental Best Practice Awards, 2019.

As on 31 March 2020,the company has one subsidiary,one associate and two joint venture companies.

The outbreak of COVID-19 turned into global pandemic in March 2020 and held the world at its standstill. Consequent lockdown announced across India resulted in temporary suspension of operations and temporary closure of offices, branch offices and plants/manufacturing facilities of the Company in line with the government/local authorities' directions. As the restrictions were eased out, Company while closely monitoring the situation and following safety guideline, started staggered manufacturing at its plants.

In FY 2021, the Company ensured seamless supplies of Diesel Electric Tower Cars (DETC) thereby supporting Indian Railways in its 100% electrification of broad-gauge network. Aligning with Indian Railways' initiatives to promote international cooperation, it supplied engines for export of rail equipment to Mozambique, Nepal, and Sri Lanka. In the 60 ton dump truck segment, it made further inroads in 150 ton and 205 ton segment and expanded into new applications like the 100 ton excavator and underground mining dump trucks. It continued strong partnership with the Indian Navy through the timely delivery of fully integrated 1 MW gensets for the Navy's stealth missile destroyer vessel and survey vessels. These were specially designed to meet exacting naval standards. It added a new Original Equipment Manufacturer (OEM) and delivered record growth in gas compressors to the city gas distribution infrastructure. It completed FM/UL certification testing of 5.9 liter and 6.7 liter engine platforms for the global fire pumps segment. It improved volume share through strong customer partnerships. Continued focus on improving share in the Construction segment. Company has now moved from mechanical to new- generation electronic 4-cylinder and 6-cylinder engines to address the onset of Bharat Stage IV (BSIV) emission norms from April 2021 for Construction Equipment Vehicle (CEV) applications. These new engines are certified ahead of launch timelines.

During FY'21, the Company introduced the following products that delivered better value to customers across fast-growing segments:
In the High Horsepower segment, the Company was awarded the full execution of gensets for a large hyperscale Data Center coming up in India. It launched a compact 50 kVA genset for a special purpose defense application to strengthen ties with India's Defense sector. It launched a feature rich PSO600 controller for the Low Horsepower range of 82.5-125 kVA gensets that enables intelligent fault detection, and provides better shielding of genset against voltage or current surge, irregular loads and more. The Company launched fit-for-market products like the B3.3 and QSB7 gensets in the unregulated regions. Though global markets were impacted by the COVID-19 pandemic, power generation segments such as Data Centers, Healthcare, Telecom and Rental offered growth opportunities and it catered to these segments by maximizing delivery/ramping up capacity. The Company clinched major deals for the supply of low kVA Gensets for the 5G telecom network upgrade in the Asia Pacific region. The Company announced the 'Dealer Support Package' to inject liquidity into the 4S channel, which helped dealer partners stay afloat. To ensure that the maximum possible workforce was available to support customers, it devised and implemented a policy that allowed engineers to work from their home locations. The Company launched Cummins Ashwasan - a comprehensive package providing service coverage for five years. It focused on enhancing reach in the on-highway segment via channel footprint expansion; and reached 58 distributors with 92 primary and 5,400+ secondary (Retailers) touch points by the end of 2020. Its focus on customer engagement resulted in achieving growth through full equipment maintenance of Tower Wagon for Railways and BSVI engines, and aftertreatment systems for the automotive bus segment. It expanded portfolio of clutches, filters, BSIV long blocks, coolants for the highway segment and launched special, fit-for-market 12K and 24K overhaul kits for gas compression customers. Its deep focus on repowering the competition engines by providing cost-effective solutions in segments like Defense, Railways, and Power Generation led to enhanced customer satisfaction and growth in the whole goods portfolio. It expanded the first-fit Engine Business with new products and special packages developed specifically to the need of Automotive, Industrial, and Agricultural segments. Presently, the Company has been focusing on building a strong order board with parts order board at 2X times pre COVID-19 levels. The Company launched ReCon First' initiative to drive domestic consumption of re-conditioned parts for inwarranty replacements and ReCoin' scheme for channel partners to incentivize the commercial sale of ReCon products. It upgraded the existing Cummins Dealer Operating System (CDOS) to make it more versatile, fast, and cloud-ready for future requirements. It has launched KTA19-G4 18.9 litre displacement 6-cylinder Diesel Engine for specific power generation regions with ratings of 550kVA/500kWe. In addition, Company is leveraging channel synergy and assisting customers in Asia Pacific region in 5G telecom network upgrade.

The following new products were developed as part of the initiatives during the year 2021: Rail engine product families to support the growing Rail Business; Marine engine product families to support the increasing commercial Marine Business; further enhancements of non-diesel product development capability such as use of alternative fuels are being explored in India; Telematics and Analytics capabilities have been developed to improve uptime and fuel efficiency performance of products; to enhance the position of Cummins in the Low kVA segment, Company introduced a new 40 kVA genset with X2.7 litre engine; and continues to strengthen channel presence through its GOEM partners who have added 12 number of additional sales dealers across various geographies.

During the year 2022, a compact, electronic variant of 250 kVA prime genset was launched, powered by the QSB6.7 engine in this node. Company introduced new nodes of 1800 kVA Prime & 2000 kVA Standby ratings powered by K50 mechanical engine, were launched to cater to customer requirements in commercial realty, infrastructure, and manufacturing segments at competitive pricing. New products like Oversized Liner Sleeves, All Make Filters, Racor Filter, CNG Retrofit Kit, Dual Fuel Kit, Lithium-ion Battery and UPS Inverters were launched. Vishwasji, a visual rendition of a trusted expert and an attractive new packaging for our parts to create a unique identity and striking differentiation in the fiercely competitive retail world was also launched. It launched the largest Made in India' Diesel Genset powered by the QSK60-G23 engine delivering power output of 2500-2750 kVA. It launched BSIV certified electronic 4-cylinder and 6-cylinder engine platforms to address the upcoming CEV BSIV emission norms for the Off-highway Wheeled segment in India.

During 2023, the Company delivered the largest genset of 1 MW for Hindustan Shipyard Ltd. (HSL) Diving Support Vessel for the Indian Navy. Dual Fuel Kits and Retrofit Emission Control Kit (RECDs) were launched in the Power Generation market. The 'Power Booster' service bundle was offered as a comprehensive, cost-effective solution for customers seeking a single point hasslefree service for their genset. The Company launched a new range of Cummins Brake Linings, Clutches, Power Booster Kit, Cummins Funnel Fuel Filter and CNG Kits On-highway segment. It launched Gensets fit for the Low Horsepower (LHP) Rental segment. It launched New Series of Fit-for-Market Gensets powered by B3.3, 6B, QSB7 and QSL9 engines for unregulated markets in - Africa Middle East, Asia Pacific and Latin America.

In FY24, Cummins India launched CPCBIV+1 complaint Cummins powered gensets, upto 800kW with sophisticated technology and indigenous components. It installed and commissioned 2000+ units of CPCBIV+ gensets across India, including the iconic Ayodhya Ram Mandir. It introduced 38L electronic engine to North America and Central America markets. In collaboration with Repos Energy, the Company launched Data Automated Teller Ultimate Machine (DATUM), an IoT-enabled fuel storage device. It further launched a service solutions such as Rust Guardian, Clean Master & Hand CleanX.

Parent organization MNC Associate
NSE symbol CUMMINSIND
Founded 1962
stock

Trade stocks with ease

Sign-in to trade with your demat account, or set up a new demat account for free

Board Of Directors

Left Arrow
Right Arrow

Similar stocks

Left Arrow
Right Arrow

Frequently Asked Questions

What is the Share Price of Cummins India Ltd?

Answer Field

The share price of Cummins India Ltd for NSE is ₹ 2895.4 and for BSE is ₹ 2883.4.

What is the Market Cap of Cummins India Ltd?

Answer Field

The market cap of Cummins India Ltd for NSE is ₹ 8,02,60.48 Cr. and for BSE is ₹ 7,99,27.84 Cr. as of now.

What is the 52 Week High and Low of Cummins India Ltd?

Answer Field

The 52 Week High and Low of Cummins India Ltd for NSE is ₹ 4171.90 and ₹ 2580.00 and for BSE is ₹ 4169.50 and ₹ 2594.75.

How to Buy Cummins India Ltd share?

Answer Field

You can trade in Cummins India Ltd shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for Cummins India Ltd?

Answer Field

The 1 year returns on the stock has been -12.27%.

What is the Current Share Price of Cummins India Ltd?

Answer Field

Cummins India Ltd share price is for NSE ₹ 2895.4 & for BSE ₹ 2883.4 as on Apr 30 2025 03:30 PM.

What is the Market Cap of Cummins India Ltd Share?

Answer Field

The market cap of Cummins India Ltd for NSE ₹ 8,02,60.48 & for BSE ₹ 7,99,27.84 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of Cummins India Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Cummins India Ltd share is 41.31.

What is the PB ratio of Cummins India Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Cummins India Ltd share is 233.64.

How to Buy Cummins India Ltd Share?

Answer Field

You can trade in Cummins India Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Cummins India Ltd Share on Bajaj Broking App?

Answer Field

To buy Cummins India Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Cummins India Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

No results found

banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|