Cummins India Ltd.

NSE: CUMMINSIND BSE: 500480 SECTOR: Diesel Engines  50k   290   35

1390.20
+8.05 (0.58%)
NSE: 30 Jan 03:53 PM

Price Summary

Today's High

₹ 1408

Today's Low

₹ 1373.4

52 Week High

₹ 1552

52 Week Low

₹ 898.75

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

38536.34 Cr.

Enterprise Value

37502.91 Cr.

No. of Shares

27.72 Cr.

P/E

43.73

P/B

7.69

Face Value

₹ 2

Div. Yield

1.33 %

Book Value (TTM)

₹  180.85

CASH

1426.74 Cr.

DEBT

393.31 Cr.

Promoter Holding

51 %

EPS (TTM)

₹  31.79

Sales Growth

41.84%

ROE

19.15 %

ROCE

24.22%

Profit Growth

43.5 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 29 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year41.84%
3 Year2.76%
5 Year3.88%

Profit Growth

1 Year43.5%
3 Year7.06%
5 Year3.83%

ROE%

1 Year19.15%
3 Year16.24%
5 Year16.97%

ROCE %

1 Year24.22%
3 Year19.83%
5 Year21.21%

Debt/Equity

0.0811

Price to Cash Flow

54.5

Interest Cover Ratio

101.821739130435

CFO/PAT (5 Yr. Avg.)

0.919605038009481

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 51 0
Sep 2022 51 0
Jun 2022 51 0
Mar 2022 51 0
Dec 2021 51 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 101.821739130435.
  • The company has an efficient Cash Conversion Cycle of 30.517512866625 days.
  • Company has a healthy liquidity position with current ratio of 2.53446275505787.
  • The company has a high promoter holding of 51%.

 Limitations

  • The company has shown a poor profit growth of 7.05922552720859% for the Past 3 years.
  • The company has shown a poor revenue growth of 2.7587918816135% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 1727.38 1734.97 1493.56 1686.65 1951.25
Total Expenditure 1468.19 1464.47 1286.93 1472.82 1660.73
Operating Profit 259.19 270.5 206.63 213.83 290.52
Other Income 69.44 86.58 76.6 100.11 85.49
Interest 2.22 2.7 4.83 1.94 4.61
Depreciation 33.55 34.86 34.71 33.65 35.25
Exceptional Items 0 0 0 -14.3 0
Profit Before Tax 292.86 319.52 243.69 264.05 336.15
Tax 72.95 78.55 54.54 65.25 83.77
Profit After Tax 219.91 240.97 189.15 198.8 252.38
Adjusted EPS (Rs) 7.93 8.69 6.82 7.17 9.1

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 5082.5 5659 5157.73 4329.24 6140.4
Total Expenditure 4350.34 4799.38 4571.91 3752.3 5266.48
Operating Profit 732.16 859.62 585.82 576.94 873.92
Other Income 228.76 297.25 332 372.71 298.69
Interest 14.83 16.2 20.25 16.17 11.5
Depreciation 93.79 110.32 118.66 125.52 134.02
Exceptional Items 56.12 0 -19.85 0 132.36
Profit Before Tax 908.42 1030.35 759.06 807.96 1159.45
Tax 199.95 307.78 129.72 190.09 272.8
Net Profit 708.47 722.57 629.34 617.87 886.65
Adjusted EPS (Rs.) 25.56 26.07 22.7 22.29 31.99

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 55.44 55.44 55.44 55.44 55.44
Total Reserves 3930.63 4075.01 4119.52 4351.33 4797.22
Borrowings 0 0 0 0 0
Other N/C liabilities 103.31 200.26 223.98 195.53 220
Current liabilities 1441.85 1522.86 1555.11 1094.62 1732.45
Total Liabilities 5531.23 5853.57 5954.05 5696.92 6805.11
Assets
Net Block 1288.15 1284.75 1227.68 1165.36 1225.37
Capital WIP 37.95 158.51 70.25 79.4 60.37
Intangible WIP 0 0 9.78 48.12 0.41
Investments 773.78 770.59 1079.32 1062.46 1016.38
Loans & Advances 221.85 231.62 206.11 107.52 109.89
Other N/C Assets 0 0 0 2.37 1.86
Current Assets 3209.5 3408.1 3360.91 3231.69 4390.83
Total Assets 5531.23 5853.57 5954.05 5696.92 6805.11
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 908.42 1030.35 759.06 807.96 1159.45
Adjustment -54.76 -10.17 -13.59 -39.68 -129.71
Changes in Assets & Liabilities -36.99 -234.11 14.44 102.78 -68.35
Tax Paid -182.26 -236.07 -160.93 -83.21 -254.33
Operating Cash Flow 634.41 550 598.98 787.85 707.06
Investing Cash Flow -132.72 15.66 -201.98 24.69 -573.76
Financing Cash Flow -473.14 -522.63 -410.92 -872.44 -77.4
Net Cash Flow 28.55 43.03 -13.92 -59.9 55.9

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 51.00 51.00 51.00 51.00 51.00
cummins inc. - - 51.00 - -
cummins inc 51.00 51.00 - 51.00 51.00
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 49.00 49.00 49.00 49.00 49.00
sbi equity hybrid ... - - - - -
life insurance cor... 3.52 - - - -
sbi blue chip fund 3.68 3.68 3.68 3.70 3.69
kotak emerging equ... 2.17 2.91 3.35 3.91 3.44
lici asm non par - 3.52 3.28 1.62 1.06
icici prudential m... - - - - 1.57
icici prudential v... 2.33 2.24 1.93 1.65 -
sbi life insurance... 1.53 2.01 1.95 1.60 1.70
government pension... 1.79 1.79 1.61 1.12 -
icici prudential v... - - - - -
nps trust- a/c uti... - - 1.50 1.47 1.33
hdfc trustee compa... 1.46 1.54 - - -
icici prudential b... - - - - -
sundaram mutual fu... - - - - -
uti-mnc fund 1.04 1.05 - 1.07 -
hdfc trustee compa... - - 1.40 1.14 1.14
pgim india trustee... - - - - 1.37
aditya birla sun l... - 1.13 1.21 1.27 1.20
tata large and mid... - - - 1.08 -
smallcap world fun... 1.08 - - - -
axis mutual fund t... - - - - -
franklin india foc... - - - 1.00 1.06
investor education... - - - 0.15 0.21
iepf 0.15 0.15 0.15 - -
llp 0.01 0.01 0.02 - 0.02
q india equity fun... - - - 0.01 -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Cummins India informs about details of loss of certificate8 Dec 2022, 4:22PM Cummins India informs about analyst meet intimation5 Dec 2022, 4:11PM Cummins India informs about newspaper advertisement 28 Nov 2022, 1:05PM Cummins India reports 21% rise in Q2 consolidated net profit5 Nov 2022, 2:40PM Cummins India - Quaterly Results4 Nov 2022, 3:27PM Cummins India - Quaterly Results4 Nov 2022, 3:27PM Cummins India - Quaterly Results4 Nov 2022, 3:27PM Cummins India informs about newspaper publication 22 Aug 2022, 10:40AM Cummins India informs about analyst meet17 Aug 2022, 3:46PM Cummins India launches Retrofit Emission Control Device for Cummins Genset Users12 Aug 2022, 9:24AM Cummins India - Quaterly Results10 Aug 2022, 12:08PM Cummins India - Quaterly Results10 Aug 2022, 12:08PM Cummins India - Quaterly Results10 Aug 2022, 12:08PM Cummins India informs about compliance certificate5 Jul 2022, 3:22PM Cummins India informs about loss of certificates15 Jun 2022, 4:38PM Cummins India informs about analyst meet13 Jun 2022, 2:34PM Cummins India informs about analyst meet6 Jun 2022, 9:40AM Cummins India - Quaterly Results26 May 2022, 8:16PM Cummins India - Quaterly Results26 May 2022, 8:16PM Cummins India informs about implementation of voluntary retirement scheme16 May 2022, 9:50AM Cummins India informs about investors meet7 Mar 2022, 3:51PM Cummins India reports marginal rise in Q3 consolidated net profit14 Feb 2022, 2:13PM Cummins India informs about newspaper publication14 Feb 2022, 1:07PM Cummins India informs about outcome of board meeting11 Feb 2022, 10:09AM Cummins India - Quaterly Results10 Feb 2022, 8:34PM Cummins India - Quaterly Results10 Feb 2022, 8:34PM Cummins India informs about newspaper publication31 Jan 2022, 11:09AM Cummins India informs about loss of share certificates14 Jan 2022, 12:05PM Cummins India informs about confirmation certificate6 Jan 2022, 4:45PM Cummins India informs about loss of share certificates10 Dec 2021, 1:41PM Cummins India informs about demise of independent director9 Dec 2021, 5:03PM Cummins India informs about analyst meet24 Nov 2021, 2:25PM Cummins India informs about details of loss of share certificate 19 Nov 2021, 12:03PM Cummins India informs about issuance of duplicate share certificate11 Nov 2021, 10:53AM Cummins India informs about transcript of conference call9 Nov 2021, 10:28AM Cummins India informs about disclosure26 Oct 2021, 12:47PM Cummins India informs about loss of share certificate18 Oct 2021, 4:52PM Cummins India informs about certificate13 Oct 2021, 9:48AM Cummins India informs about the transcript of conference call17 Aug 2021, 12:02PM Cummins India unveils ‘Made-in-India' diesel generator set QSK60 G2313 Aug 2021, 9:26AM Cummins India reports above 4-fold jump in Q1 consolidated net profit12 Aug 2021, 1:13PM Cummins India informs about newspaper publication31 Jul 2021, 9:59AM Cummins India informs about board meeting30 Jul 2021, 2:10PM Cummins India informs about record date17 Jul 2021, 12:22PM Cummins India informs about newspaper publication17 Jul 2021, 10:35AM Cummins India informs about disclosure on related party transactions8 Jun 2021, 12:34PM Cummins India informs about newspaper publication28 May 2021, 4:56PM Cummins India informs about annual secretarial compliance report27 May 2021, 11:39AM Cummins India reports marginal fall in Q4 consolidated net profit27 May 2021, 11:15AM Cummins India informs about press release27 May 2021, 10:52AM

Cummins India Stock Price Analysis and Quick Research Report. Is Cummins India an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Cummins India has a PE ratio of 43.7267440214639 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Cummins India has ROA of 14.184096502728 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Cummins India has a Current ratio of 2.53446275505787 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Cummins India has a ROE of 19.1512868502705 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Cummins India has a D/E ratio of 0.0811 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Cummins India has an Inventory turnover ratio of 9.54493521836114 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Cummins India has reported revenue growth of 41.8355184743743 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Cummins India for the current financial year is 14.2322975701909 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Cummins India is Rs 18.5 and the yield is 1.3277 %.

Brief about Cummins India

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