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Cummins India Ltd

(CUMMINSIND)

₹3604.52.22%

as on 04:01PM, 11 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Cummins India Ltd Analyst Rating

based on 24 analysts

HOLD

44.00%

Buy

20.00%

Hold

36.00%

Sell

Based on 24 analysts offering long term price targets for Cummins India Ltd. An average target of ₹3660.79

Source: S&P Global Market Intelligence

Cummins India Ltd Share analysis

Cummins India Ltd price forecast by 24 analysts

Upside of3.82%

High

₹4867

Target

₹3660.79

Low

₹2250

Cummins India Ltd target price ₹3660.79, a slight upside of 3.82% compared to current price of ₹3604.5. According to 24 analysts rating.

Source: S&P Global Market Intelligence

Cummins India Ltd Performance

  • Day's Low

    Day's High

    ₹3,517.05
    ₹3,647.8
  • 52 Week's Low

    52 Week's High

    ₹1,835.55
    ₹4,171.9
1 Month Return-2.1 %
3 Month Return-7.14 %
1 Year Return+ 76.2 %
Previous Close₹3,526.20
Open₹3,527.90
Volume5.54L
Upper Circuit-
Lower Circuit-
Market Cap₹97,746.26Cr

Cummins India Ltd Key Statistics

P/E Ratio50.13
PEG Ratio2.76
Market Cap₹97,746.26 Cr
P/B Ratio13.53
EPS62.07
Dividend Yield1.26
SectorCapital Goods-Non Electrical Equipment
ROE28.8

Cummins India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹97,746.26 Cr115.03%0.52₹1,720 Cr₹9,000 Cr
HOLD₹32,881.50 Cr22.85%0.53₹1,136 Cr₹4,853 Cr
HOLD₹86,564.10 Cr92.49%0.71₹282 Cr₹23,892 Cr
HOLD₹1,63,026.41 Cr97.57%0.51NANA
BUY₹49,642.35 Cr35.67%0.51₹545 Cr₹5,641 Cr

About Cummins India Ltd

Cummins India Ltd. is an Indian power solutions company that was incorporated in 1962. It is headquartered in Pune, Maharashtra and is a Fortune 500 company based in the United States. Cummins India Ltd. operates in a number of areas, including engines, power generation, filtration, and components. Its engines are used in a variety of applications, such as construction, mining, agricultural, and automotive. Its power generation solutions are used for residential, commercial, and industrial applications. Its filtration solutions are used for air, fuel, and lubrication systems. Its components are used in a variety of applications, such as powertrain, fuel systems, and emission control.

Cummins India Ltd. has a number of popular products, including the Cummins B Series, K Series, and ISB engines. Its popular brands include Cummins, Fleetguard, and Valvoline. Its engines are used in a variety of vehicles, including buses, trucks, and cars. Its power generation solutions are used in a variety of industries, such as healthcare, hospitality, and education. Its filtration solutions are used in a variety of industries, such as automotive, marine, and agriculture.

Share Price: ₹3604.50 per share as on 11 Dec, 2024 04:01 PM
Market Capitalisation: ₹97,746.26Cr as of today
Revenue: ₹2,465.09Cr as on September 2024 (Q3 24)
Net Profit: ₹449.37Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Jennifer Mary Bush
OrganisationCummins India Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Cummins India Ltd

  • Cummins India Shares Rise Amid Positive Earnings - 10 Dec, 2024

    Cummins India shares increased by 0.45% to Rs 3525.50, with an intraday high of Rs 3546.75. The company reported consolidated sales of Rs 2613.91 crore for Q3 FY2024, up 8.04% quarter-on-quarter and 29.96% year-on-year, with a net profit of Rs 449.37 crore, reflecting a 36.55% increase from the previous year.
  • Cummins India CFO Resignation and Share Price Update - 06 Dec, 2024

    Ajay Shriram Patil resigned as CFO of Cummins India, effective January 9, 2025. Meanwhile, shares traded at Rs 3470.05, reflecting a slight increase.
  • Cummins India CFO Resigns Effective January 2025 - 05 Dec, 2024

    Cummins India Ltd announced the resignation of CFO Ajay Patil, effective January 9, 2025, due to personal reasons. Patil will retire on March 31, 2025.
  • Cummins India Shares Show Positive Momentum - 26 Nov, 2024

    Cummins India Ltd shares increased by 1.03% to Rs 3497.45, with a market cap of Rs 96,723.40 crore. Analysts suggest a buying opportunity around ₹3,535–3,520.
  • Cummins India Shares Surge, Market Cap Increases - 25 Nov, 2024

    Cummins India Ltd. shares rose by 4.99%, leading to a market capitalization increase of Rs. 4,602 crore, reflecting strong investor confidence and positive sentiment.
  • Cummins India Shares Show Bearish Signals - 19 Nov, 2024

    Cummins India shares fell 0.28% to Rs 3361.60, trading below key moving averages. The MACD indicates a bearish bias, with an RSI of 39.47 suggesting oversold conditions.
  • Cummins India Stock Declines, Market Cap Drops - 12 Nov, 2024

    On November 12, 2024, Cummins India Limited's stock fell by 3.41%, resulting in a market cap decrease of Rs 3,396 crore to Rs 96,444.81 crore. The stock traded at Rs 3,479.25, reflecting investor caution in the compressors and diesel engines sector.
  • Cummins India Maintains Positive Outlook with Revised Target - 11 Nov, 2024

    Cummins India reported a strong quarterly performance with 31.2% YoY revenue growth. The company maintains an Accumulate rating with a revised target price of Rs 4,138, driven by robust domestic demand and strategic growth initiatives.

Insights on Cummins India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, CUMMINSIND stock has moved up by 76.2%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 8.66% to 8.88% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, CUMMINSIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, CUMMINSIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 2.48K Cr → 2.66K Cr (in ₹), with an average increase of 6.7% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.00% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 17.95% to 17.50% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 17.82% to 17.51% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 538.86 Cr → 449.37 Cr (in ₹), with an average decrease of 8.5% per quarter

Cummins India Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,893.63Cr (-)₹2,509.79Cr (↑32.54%)₹2,271.88Cr (↓9.48%)₹2,273.87Cr (↑0.09%)₹2,465.09Cr (↑8.41%)
Net Income₹329.09Cr (-)₹498.91Cr (↑51.60%)₹538.86Cr (↑8.01%)₹462.61Cr (↓14.15%)₹449.37Cr (↓2.86%)
Net Profit Margin17.38% (-)19.88% (↑14.38%)23.72% (↑19.32%)20.34% (↓14.25%)18.23% (↓10.37%)
Value in ₹ crore
Details2021202220232024
Total Assets₹5,733.72Cr (-)₹6,842.44Cr (↑19.34%)₹7,549.42Cr (↑10.33%)₹8,542.79Cr (↑13.16%)
Total Liabilities₹1,326.95Cr (-)₹1,989.78Cr (↑49.95%)₹2,181.44Cr (↑9.63%)₹2,379.70Cr (↑9.09%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹598.98Cr (-)₹787.85Cr (↑31.53%)₹707.06Cr (↓10.25%)₹811.09Cr (↑14.71%)₹1,280.07Cr (↑57.82%)

Index Inclusions

Nifty Midcap Sel

₹13,133.80

0.37 (48.4%)

Nifty Infra

₹8,904.55

0.05 (4.8%)

BSE Auto

₹53,995.50

0.37 (197.66%)

S&P BSE Indus.

₹15,991.80

0.4 (62.97%)

S&P BSE MidCap Select

₹17,967.06

0.27 (48.43%)

Nifty MidSmallcap 400

₹20,728.85

0.31 (63.65%)

Nifty Midcap 100

₹59,292.95

0.27 (157.55%)

S&P BSE 100 ESG

₹409.05

0.09 (0.36%)

Nifty LargeMidcap 250

₹16,352.70

0.23 (37.75%)

Nifty Alpha 50

₹59,317.00

0.58 (339.9%)

Nifty Midcap 150

₹21,879.55

0.32 (70.45%)

S&P BSE 400 MidSmallCap

₹12,650.15

0.33 (41.6%)

S&P BSE 150 MidCap

₹16,532.40

0.33 (53.64%)

S&P BSE 250 LargeMidCap

₹10,836.94

0.15 (15.72%)

Nifty 200

₹14,007.60

0.16 (22.15%)

Nifty 500

₹23,358.15

0.19 (43.25%)

BSE Mid-Cap

₹48,084.73

0.25 (117.58%)

S&P BSE SEN. N50

₹85,866.26

0.16 (137.37%)

Nifty Midcap Liquid 15

₹14,725.80

0.36 (52.65%)

BSE 500

₹36,736.37

0.17 (60.55%)

Nifty MNC

₹29,519.30

0.93 (271.5%)

Nifty Midcap 50

₹16,536.95

0.32 (53.3%)

BSE 100

₹26,174.00

0.11 (29.15%)

BSE 200

₹11,413.58

0.14 (16.14%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Cummins India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51%
0.00
Foreign Institutions
17.5%
-2.52
Mutual Funds
17.51%
-1.75
Retail Investors
8.88%
2.57
Others
5.11%
11.88

Cummins India Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)25.4522.9133.6844.3162.07
Details20202021202220232024
Return On Equity %15.1514.416.5822.1128.8
Details20202021202220232024
Return On Assets %11.7811.0813.6516.2720.14
Details20202021202220232024
Book Value Per Share (₹)158.8167.8185.6207.73238.54

Cummins India Ltd Valuation

Cummins India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (11.28x)

April 7, 2020

Today (50.13x)

December 10, 2024

Industry (67.37x)

December 10, 2024

Highest (66.12x)

June 27, 2024

LowHigh

Cummins India Ltd Earnings and Dividends

  • Cummins India Ltd Earnings Results

    Cummins India Ltd’s net profit jumped 36.55% since last year same period to ₹449.37Cr in the Q2 2024-2025. On a quarterly growth basis, Cummins India Ltd has generated -2.86% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Cummins India Ltd Dividends May,2024

    In the quarter ending March 2024, Cummins India Ltd has declared dividend of ₹20 - translating a dividend yield of 1.05%.

    Read More about Dividends

Cummins India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Cummins India Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Cummins India Ltd

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Cummins India Ltd (CUMMINSIND) share price today is ₹3604.5

Cummins India Ltd is listed on NSE

Cummins India Ltd is listed on BSE

  • Today’s highest price of Cummins India Ltd is ₹3647.8.
  • Today’s lowest price of Cummins India Ltd is ₹3517.05.

PE Ratio of Cummins India Ltd is 50.13

PE ratio = Cummins India Ltd Market price per share / Cummins India Ltd Earnings per share

Today’s traded volume of Cummins India Ltd(CUMMINSIND) is 5.54L.

Today’s market capitalisation of Cummins India Ltd(CUMMINSIND) is ₹97746.26Cr.

Cummins India Ltd(CUMMINSINDPrice
52 Week High
₹4171.9
52 Week Low
₹1835.55

Cummins India Ltd(CUMMINSIND) share price is ₹3604.5. It is down -13.60% from its 52 Week High price of ₹4171.9

Cummins India Ltd(CUMMINSIND) share price is ₹3604.5. It is up 96.37% from its 52 Week Low price of ₹1835.55

Cummins India Ltd(CUMMINSINDReturns
1 Day Returns
78.3%
1 Month Returns
-2.1%
3 Month Returns
-7.14%
1 Year Returns
76.2%