Cummins India Ltd
CUMMINSINDCummins India Ltd
CUMMINSINDPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
63.41 | 18.95 | 0.51% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
53.26 | 8.01 | 0.41% |
Forecast & Ratings
Detailed Forecastfrom 22 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Cummins India Limited is a manufacturer of diesel and natural gas engines, generator sets and related services. The Company operates through two segments: Engines and Lubes.
Investor Presentation
View olderPeers
Compare with peersThermax Limited
AIA Engineering Ltd
Timken India Ltd
SKF India Ltd
Carborundum Universal Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 4,835.76 | 5,247.33 | 5,415.10 | 6,025.02 | 5,571.20 | 4,746.98 | 6,637.62 | 8,288.22 | 9,623.43 | 9,623.43 | ||||||||||
Raw Materials | 2,964.01 | 3,261.56 | 3,223.61 | 3,659.92 | 3,335.17 | 2,784.30 | 4,145.74 | 5,349.21 | 7,232.24 | 7,232.24 | ||||||||||
Power & Fuel Cost | 33.13 | 29.27 | 30.53 | 29.56 | 29.32 | 19.05 | 24.70 | 26.76 | ||||||||||||
Employee Cost | 421.08 | 445.28 | 511.25 | 561.91 | 577.75 | 509.77 | 614.53 | 648.88 | ||||||||||||
Selling & Administrative Expenses | 300.74 | 308.97 | 315.93 | 356.79 | 355.59 | 275.77 | 282.83 | 328.95 | ||||||||||||
Operating & Other expenses | 226.27 | 256.70 | 297.66 | 220.08 | 324.29 | 189.14 | 215.06 | 184.85 | ||||||||||||
EBITDA | 890.53 | 945.55 | 1,036.12 | 1,196.76 | 949.08 | 968.95 | 1,354.76 | 1,749.57 | 2,391.19 | 2,391.19 | ||||||||||
Depreciation/Amortization | 81.36 | 85.47 | 94.38 | 111.10 | 120.58 | 127.19 | 135.62 | 142.04 | 159.18 | 159.18 | ||||||||||
PBIT | 809.17 | 860.08 | 941.74 | 1,085.66 | 828.50 | 841.76 | 1,219.14 | 1,607.53 | 2,232.01 | 2,232.01 | ||||||||||
Interest & Other Items | 9.80 | 17.07 | 15.19 | 16.77 | 21.02 | 16.76 | 12.16 | 16.24 | 27.40 | 27.40 | ||||||||||
PBT | 799.37 | 843.01 | 926.55 | 1,068.89 | 807.48 | 825.00 | 1,206.98 | 1,591.29 | 2,204.61 | 2,204.61 | ||||||||||
Taxes & Other Items | 78.05 | 106.74 | 214.73 | 326.28 | 101.87 | 189.97 | 273.24 | 363.14 | 484.03 | 484.03 | ||||||||||
Net Income | 721.32 | 736.27 | 711.82 | 742.61 | 705.61 | 635.03 | 933.74 | 1,228.15 | 1,720.58 | 1,720.58 | ||||||||||
EPS | 26.02 | 26.56 | 25.68 | 26.79 | 25.45 | 22.91 | 33.68 | 44.31 | 62.07 | 62.07 | ||||||||||
DPS | 14.00 | 14.00 | 15.00 | 17.00 | 14.00 | 15.00 | 18.50 | 25.00 | 20.00 | 31.00 | ||||||||||
Payout ratio | 0.54 | 0.53 | 0.58 | 0.63 | 0.55 | 0.65 | 0.55 | 0.56 | 0.32 | 0.50 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Cummins India Ltd | 63.41 | 18.95 | 0.51% |
Thermax Limited | 90.21 | 15.04 | 0.23% |
AIA Engineering Ltd | 35.01 | 6.98 | 0.38% |
Timken India Ltd | 82.13 | 15.81 | 0.06% |
Price Comparison
Compare CUMMINSIND with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Cummins India Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.4794% | Percentage of the fund’s portfolio invested in the stock 3.63% | Change in the portfolio weight of the stock over the last 3 months -0.41% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/81 (-1) |
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1916% | Percentage of the fund’s portfolio invested in the stock 2.01% | Change in the portfolio weight of the stock over the last 3 months 0.33% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 44/76 (+1) |
Axis Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8338% | Percentage of the fund’s portfolio invested in the stock 3.46% | Change in the portfolio weight of the stock over the last 3 months 0.42% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 3/102 (+4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
CUMMINSIND has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.51%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.08 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
Cash Dividend
Ex DateEx DateJul 19, 2024
Dividend/Share
₹20.00
Ex DateEx Date
Jul 19, 2024
Past Dividends
Cash Dividend
Ex DateEx DateFeb 21, 2024
Dividend/Share
₹18.00
Ex DateEx Date
Feb 21, 2024
Cash Dividend
Ex DateEx DateJul 26, 2023
Dividend/Share
₹13.00
Ex DateEx Date
Jul 26, 2023
Cash Dividend
Ex DateEx DateFeb 21, 2023
Dividend/Share
₹12.00
Ex DateEx Date
Feb 21, 2023
Cash Dividend
Ex DateEx DateAug 2, 2022
Dividend/Share
₹10.50
Ex DateEx Date
Aug 2, 2022
Cash Dividend
Ex DateEx DateFeb 21, 2022
Dividend/Share
₹8.00
Ex DateEx Date
Feb 21, 2022
News & Opinions
Demand triggers remain strong for Cummins India, Kirloskar Oil Engines
1 week ago•Business Standard
Cummins India MD Expects Margin To Expand After New Pollution Regulations
4 weeks ago•Bloomberg Quint
News Video
Cummins India's Growth Story: Investing in Infrastructure Expected 10%+ Growth! Mgmt. Insights
1 month ago•Zee Business
Ask Profit | Cummins India In Focus | NDTV Profit
1 month ago•Bloomberg Quint
Cummins India Q4 Results Review - Strong Performance; Retaining A Buy: Anand Rathi
1 month ago•Bloomberg Quint
Cummins, Brigade Enterprises, Lemon Tree, KNR Constructions, Ahluwalia Contracts Q4 Review: HDFC Securities
1 month ago•Bloomberg Quint
Brokerage Views: Citi On Cummins India, Morgan Stanley, Nuvama On Prestige Estates
1 month ago•Bloomberg Quint
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 9.82%, vs industry avg of 10.4%
Increasing Market Share
Over the last 5 years, market share increased from 8.25% to 8.41%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 18.3%, vs industry avg of 19.21%