Cummins India Ltd Share Price

Q: What is the share price of Cummins India Ltd today?

Cummins India Ltd share price as on 31 Jan 2025 is ₹2918.25

Engines

NSE: CUMMINSIND Mid Cap ISIN: INE298A01020

As on 31 January 2025 at 14:04 IST

₹2,918.25

+ 65.30

(2.29%)

Sell Buy

About Cummins India Ltd

Cummins India Ltd is a leading manufacturer of diesel and natural gas engines, and related components. Established in 1962, the company has been operating in India for many decades as a subsidiary of Cummins Inc. It is headquarters is based in Pune, Maharashtra. The company manufactures Diesel and Natural Gas Engines, Power Generation Systems, Industrial Engines, Generator Sets, Engine Components, Emission Solutions, and Filtration Solutions. It operates in the Capital Goods sector, specifically in the Industrial Machinery segment. Cummins India commands a significant market share in diesel generator sets above 200 KVA. Read More...

Over 1 Month

-11.43%

Over 6 Months

-25.07%

Over 1 Year

27.61%

Over 3 Years

202.86%

Cummins India Ltd Summary

Close ₹ 2,918.25

Open ₹ 2,852.95

High ₹ 2,943

Low ₹ 2,837.80

Volume 2,45,392

Net Turnover (in ₹ Cr) ₹ 121.96

52Wk High ₹ 4,171.90

52Wk Low ₹ 2,190.05

52Wk High / Low

2,190.05

4,171.90

Cummins India Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 79,083.77

EPS (TTM) 68.11

Book Value (BV) 233.65

Div. Yield 1.33 %

P/E (TTM) 41.91

Price/Book Value 12.21

Delivery % 30.67 %

Face Value 2

Key Ratios

PE Ratio 50.21

PB Ratio 13.53

EV to Sales 9.15

PEG Ratio 1.07

ROA 25.65

ROE 28.80

Debt-Equity 0.04

Net Profit Margin 18.54

Operating Profit Margin 25.98

Cummins India Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	9,378.27	8,080.24	6,414.11	4,633.86	5,448.94
Total Expenses	7,417.12	6,682.63	5,430.64	3,921.98	4,743.87
Profit Before Tax	2,204.61	1,591.29	1,206.98	825	807.48
Profit After Tax	1,720.58	1,228.15	933.74	635.03	705.61
Operating Profit after Depreciation	1,988.55	1,413.85	995.63	728.64	726.09

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,327.29	1,206.77	1,230.07	1,216.82	1,243.14
Total Non Current Assets	3,028.31	2,820.17	2,698.62	2,700.62	2,813.76
Total Current Assets	5,942.20	5,098.47	4,413.37	3,255.59	3,382.31
TOTAL ASSETS	8,970.51	7,918.64	7,111.99	5,956.21	6,196.07
Total Shareholder's Fund	6,612.32	5,758.24	5,144.97	4,651.37	4,402.04

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,285.34	819.66	711.87	788.68	600.70
Net Cash used in Investing Activities	-247.89	86.94	-573.79	24.61	-202.42
Net Cash used in Financing Activities	-1,134.25	-687.34	-82.25	-873.16	-412.27

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	9,526.39	8,164.42	6,427.90	4,699.39	5,489.27
Total Expenses	7,381.64	6,658.05	5,400.81	3,891.43	4,710.36
Profit Before Tax	2,143.05	1,492.07	1,159.45	807.96	759.06
Profit After Tax	1,660.62	1,129.82	886.65	617.87	629.34
Operating Profit after Depreciation	2,171.53	1,522.15	1,038.59	824.13	799.16

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,319.96	1,202.96	1,225.78	1,213.48	1,237.46
Total Non Current Assets	2,594.33	2,443.82	2,414.28	2,465.23	2,593.14
Total Current Assets	5,904.14	5,068.22	4,390.83	3,231.69	3,360.91
TOTAL ASSETS	8,498.47	7,512.04	6,805.11	5,696.92	5,954.05
Total Shareholder's Fund	6,163.09	5,367.98	4,852.66	4,406.77	4,174.96

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,280.07	811.09	707.06	787.85	598.98
Net Cash used in Investing Activities	-246.98	87.17	-573.76	24.69	-201.98
Net Cash used in Financing Activities	-1,132.59	-684.41	-77.40	-872.44	-410.92

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	2,508.60	2,315.56	2,319.02	2,541.38	1,921.55
Total Expenses	2,024.66	1,842.26	1,780.51	1,998.87	1,575.36
Profit Before Tax	593.84	595.07	676.26	646.76	428.68
Profit After Tax	449.37	462.61	538.86	498.91	329.09
Operating Profit after Depreciation	641.38	644.37	724.94	697.20	473.76

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	2,492.31	2,304.19	2,316.15	2,534.06	1,899.68
Total Expenses	2,011.27	1,836.86	1,771.88	1,996.13	1,561.08
Profit Before Tax	594.38	550.91	700.55	601.65	426.29
Profit After Tax	450.61	419.80	561.52	454.92	328.51
Operating Profit after Depreciation	642.15	599.55	748.74	651.54	470.83

Cummins India Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 2,823.48

S2 2,794.02

S3 2,768.03

Pivot 2,849.47

R1 2,878.93

R2 2,904.92

R3 2,934.38

Moving Average

20 SMA 2,951.64

50 SMA 3,243.09

100 SMA 3,439.56

200 SMA 3,558.99

Cummins India Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Cummins India Ltd

₹20/Share

Announcement Date 19 Jul 2024

Record Date 19 Jul 2024

Div Yield 1000%

AGM Date: 10 Aug 2022

This is to inform the exchange that the Board of Directors have recommended Final Dividend of Rs. 10.5/- (525%) per equity shares on 277,200,000 equity shares (Face Value Rs. 2/- each fully paid up) for the financial year ended on March 31, 2022 to the Members of the Company in addition to the interim dividend of Rs. 8/- per share declared on February 10, 2022. Record date for the purpose of ascertaining the payment of final dividend of Rs. 10.5/- (525%) per equity share for the FY 2021-22 is August 03, 2022, subject to the approval of the shareholders at ensuing Annual General Meeting. The pay-out date will be September 06, 2022. Kindly take this submission on your record. Notice of Annual General Meeting of the Members of Cummins India Limited and information relating to E-voting facility. Submission of Notice of the 61st Annual General Meeting and Annual Report for the Financial Year 2021-22. The Company has fixed Wednesday, August 03, 2022, as the Record Date to determine the Members eligibility to receive Dividend recommended by the Board of Directors of the Company in their Meeting held on May 26, 2022, for the Financial Year 2021-22. (As Per BSE Announcement Dated on 16.07.2022) Newspaper publication of information regarding the Notice of Annual General Meeting of the Members of Cummins India Limited and information relating to E-voting facility and Cut-Off date. (As per BSE Announcement Dated on 18/07/2022) Newspaper publication of information regarding the Errata to the Notice of 61st Annual General Meeting of the Members of Cummins India Limited. (As per BSE Announcement Dated on 05/08/2022) The 61st Annual General Meeting ('AGM') of the Company was held on Wednesday, August 10, 2022 at 12.00 Noon through Video Conference (VC)/Other Audit Visual Means (OAVM), without the physical presence of the Members at a common venue, in compliance with General Circulars issued by Ministry of Corporate Affairs and other applicable provisions of the Companies Act, 2013 and circular issued by the Securities and Exchange Board of India (SEBI). In accordance with Regulation 30 read with clause 13 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the proceedings of the AGM. (As Per BSE Announcement dated on 10.08.2022) Cummins India Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 (As per BSE Announcement Dated on 12/08/2022) Intimation of Voting Results of the 61st Annual General Meeting ('AGM') of Cummins India Limited held on August 10, 2022 as per the requirements of Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. (As Per BSE Announcement Dated 11.08.2022)

AGM Date: 03 Aug 2023

Outcome of Board Meeting - Audited standalone and consolidated Financial Results, Statutory Auditor's Report for the quarter and year ended March 31, 2023 and recommendation of Final Dividend for FY 2022-23. The Company has fixed Wednesday, July 26, 2023, as the Record Date to determine the Members eligibility to receive the Final Dividend as recommended by the Board of Directors of Cummins India Limited in their Board Meeting held on May 24, 2023, for the Financial Year 2022-23. (As per BSE Announcement Dated on 07/07/2023) Newspaper publication of information regarding the Notice of Annual General Meeting of the Members of Cummins India Limited and Information relating to E-voting facility and Cut-off date. (As Per BSE Announcement dated on 10.07.2023) Intimation of Proceedings of the 62nd Annual General Meeting of the Members of Cummins India Limited. (As per BSE Announcement Dated on 03/08/2023)

AGM Date: 07 Aug 2024

Annual General Meeting of the Company will be held on Wednesday, August 07, 2024. Further details will be provided in due course. Notice of 63rd Annual General Meeting of the Company scheduled on 7th August, 2024, 10 AM is enclosed herewith. (As Per BSE Announcement dated on 12.07.2024) Proceedings of the 63rd Annual General Meeting of Members of Cummins India Limited (As per BSE Announcement Dated on 07/08/2024) Please find enclosed herewith Voting Results along with Scrutinizer''s report. (As per BSE Announcement Dated on 08/08/2024)

EGM Date: 10 Mar 2022

EGM 10/03/2022 Cummins India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 10, 2022, inter alia, have declared an Interim Dividend of Rs. 8/- per equity shares on 277,200,000 equity shares (Face Value Rs. 2/- each) for the Financial Year 2021-22. The Dividend warrants for the said interim dividend will be dispatched by March 07, 2022 and the dividend will be paid on March 09, 2022. Clarification towards our intimation dated February 10, 2022 pertaining to convening the Extraordinary General Meeting ('EGM'). This is to inform you that the Extra Ordinary General Meeting ('EGM') of Members of the Company is scheduled to be held on Thursday, March 10, 2022 at 4.30 P.M. (IST) through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM') facility, in compliance with the circular dated December 08, 2021 read with circulars dated April 8, 2020, April 13, 2020, June 15, 2020, September 28, 2020, December 31, 2020 and June 23, 2021 issued by the Ministry of Corporate Affairs ('MCA') and Circular(s) issued by the Securities Exchange Board of India ('SEBI') under SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), to transact the business as set out in the Notice convening the Meeting ('the Notice'). (As Per BSE Announcement dated on 15.02.2022) The Extra Ordinary General Meeting ('EGM') of the Company was held on Thursday, 10th day of March 2022 at 04.30 p.m. (IST) through Video Conference (VC) / Other Audit Visual Means (OAVM), without the physical presence of the Members at a common venue, in compliance with General Circulars issued by Ministry of Corporate Affairs and other applicable provisions of the Companies Act, 2013 and circular issued by the Securities and Exchange Board of India (SEBI). In accordance with Regulation 30 read with clause 13 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the proceedings of the EGM. The remote e-voting was held from March 07, 2022 to March 09, 2022 and Members were also provided with the facility for e-voting at the EGM. We are enclosing herewith Scrutinizer's Report. Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing the combined report (results) of the remote e-voting held from March 07, 2022 to March 09, 2022 and the e-voting conducted at the EGM, in the format as prescribed by SEBI along with the Scrutinizer's Report. (As Per BSE Announcement dated on 11.03.2022)

Cummins India Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Cummins India Ltd	₹2,853	₹79,085.16
Thermax Ltd	₹3,680.25	₹43,852.50
Jyoti CNC Automation Ltd	₹1,051.50	₹23,913.54
Carborundum Universal Ltd	₹1,169.05	₹22,257.02
Grindwell Norton Ltd	₹1,898.60	₹21,021.30
Elgi Equipments Ltd	₹530.45	₹16,810.44

Cummins India Ltd News

Cummins India to announce Quarterly Result

On 5 February 2025

10 Jan 2025, 09:38 am

Cummins India appoints Prasad Kulkarni as interim CFO

Cummins India said that its board has approved appointment of Prasad Kulkarni, as interim chief financial officer (CFO) and key managerial personnel of the company with effect from 10 January 2025, until a new CFO is appointed by the board.

19 Dec 2024, 10:26 am

Cummins India introduces aftermarket solutions for construction and mining segments

At baumaCONEXPO India 2024

12 Dec 2024, 11:57 am

Cummins India CFO resigns

With effect from 09 January 2025

05 Dec 2024, 05:56 pm

Cummins India gains as Q2 PAT climbs 37% YoY to Rs 451 cr

Cummins India added 1.11% to Rs 3,595.45 after the company's standalone net profit jumped 37.16% to Rs 450.61 crore in Q2 FY25 as against Rs 328.51 crore posted in Q2 FY24.

08 Nov 2024, 12:46 pm

Cummins India Ltd Stock Analysis

Annual revenue for Cummins India Ltd increased by 16.68% to ₹9,526.39 crore in FY 2024 from ₹8,164.42 crore in FY 2023.
Annual Net Profit for Cummins India Ltd increased by 46.98% to ₹1,660.62 crore in FY 2024 from ₹1,129.82 crore in FY 2023.
Promoter Shareholding in Cummins India Ltd remains unchanged by 0.00% in the most recent quarter, from 51% in September 2024 to 51% in December 2024.
Cummins India Ltd delivered a 1-year return of 27.61% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Cummins India Ltd share price moved up by 2.29% from its previous close of INR ₹2,852.95. The latest Cummins India Ltd share price is INR ₹2,918.25.
Cummins India Ltd share price today has been at a low of 2,837.80 and a high of 2,943. Over the past 52 weeks, the Cummins India Ltd share price has seen a low of 2,190.05 and a high of 4,171.90.

About Cummins India Ltd

Cummins India Ltd is one of India's leading manufacturers of diesel and natural gas engines, generators, and related components. It operates in the Capital Goods sector, specifically in the Industrial Equipment segment.

Established in 1962, Cummins India has been operating in India for many decades. The company is headquartered in Pune, Maharashtra. It maintains significant manufacturing facilities and technical centres in this location.

The promoter of the company is Cummins Inc., USA, a global power technology leader. Its promoter shareholding is 51.00%. This strong parentage provides the company with technological and strategic advantages.
The key managerial promoters of the company who oversee the various operations include:

Jennifer Mary Bush (Chairperson)
Ashwath Ram (Managing Director)
Nasser M Munjee (Independent Director)
Rama Bijapurkar (Independent Director)
Rekha (Independent Director)

Cummins India's main products include Diesel and Natural Gas Engines, Power Generation Systems, Industrial Engines, Generator Sets, Engine Components, Emission Solutions, Filtration Solutions and Distribution Services.

Cummins India holds leadership positions in several product categories, particularly in the high-horsepower engines segment and power generation systems. The company commands a significant market share in the diesel generator sets market (above 200 KVA). Also, it is the largest manufacturer of diesel engines in India.

The Registered Office of the company is in Cummins India Office Campus, Tower A, 5th Floor, Survey No. 21, Balewadi, Pune - 411045. Its Registrar & Transfer Agent is KFin Technologies Limited. The Board of Directors includes experienced professionals from the engineering and manufacturing sectors.

The company is listed on both the NSE and BSE. Cummins India maintains high standards of corporate governance. Also, it follows robust environmental and safety practices. The company has a strong distribution network across India and serves various sectors. This includes power generation, industrial, automotive, and construction.

Influence Of the Company

Cummins India has been a transformative force in India's industrial landscape since 1962. It is a subsidiary of global power technology leader Cummins Inc. Thus, the company has influenced India's manufacturing sector, technological advancement, and industrial standards. Their impact extends beyond mere product manufacturing to shaping industry practices, environmental standards, and technological innovation.

Technological Innovation and Manufacturing Excellence
Cummins India has been at the forefront of introducing advanced engine technologies in India. The company has set benchmarks for manufacturing excellence. This benchmark has been set through its state-of-the-art manufacturing facilities in Pune. Their technical centres have become hubs for research and development. This contributes to indigenous technology development. The company's focus on innovation has led to the development of engines and power solutions. These solutions are specifically designed for Indian conditions. This influences the entire industry's approach to product development.

Environmental Leadership and Sustainability
The company has been instrumental in driving environmental consciousness in India's industrial sector. Cummins India was an early adopter of emission control technologies. Therefore, it has influenced the industry's transition towards cleaner technologies. Their compliant engines and focus on natural gas solutions have set new standards for environmental responsibility. The company's commitment to reducing carbon footprint has inspired other manufacturers to prioritize sustainable practices.

Skill Development and Employment Generation
Cummins India has made significant contributions to skill development in the manufacturing sector. Their training programs and technical education initiatives have created a skilled workforce. This workforce is not just for their own operations but for the entire industry. The company's emphasis is on technical education. They have influenced the industrial training approaches in India. Additionally, many institutions have adopted their methodologies.

Supply Chain Development and Local Manufacturing
The company has played a crucial role in developing a robust supplier ecosystem in India. Their vendor development programs have helped numerous small and medium enterprises. This has improved their quality standards and operational efficiency.

Quality Standards and Industry Practices
Cummins India's stringent quality standards have influenced industry-wide practices. Their Six Sigma implementation and lean manufacturing practices have become benchmarks for the industry. The company's focus on continuous improvement has led to the adoption of better-quality management systems across the manufacturing sector.

Corporate Governance and Business Ethics
The company has set high standards for corporate governance and business ethics in India. Their transparent operations, strong board practices, and commitment to stakeholder value have influenced corporate behaviour in the manufacturing sector. Their practices in areas like safety, diversity, and corporate social responsibility have become models for other companies.

Digital Transformation and Industry 4.0
Cummins India has been leading the adoption of digital technologies in manufacturing. Their smart factory initiatives and implementation of Industry 4.0 practices have showcased the benefits of digital transformation. This has influenced other manufacturers to accelerate their digital adoption journey.

Cummins India's influence extends far beyond its immediate business operations. The company has shaped India's industrial landscape through technological innovation, environmental leadership, and exemplary business practices through its decades of experience. Their contribution to skill development, supply chain enhancement, and quality standards has created a lasting impact. Cummins India's role as an industry leader and influencer continues to grow as India moves towards becoming a global manufacturing hub. Their commitment to excellence, sustainability, and innovation positions them well to contribute significantly to India's industrial future, making them not just a successful business entity but a transformative force in India's industrial evolution.