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Cummins India share price

Cummins India Ltd.

NSE: CUMMINSIND BSE: 500480 SECTOR: Diesel Engines  105k   402   56

3690.20
-20.90 (-0.56%)
BSE: 26 Jul 04:01 PM

Price Summary

Today's High

₹ 3744.55

Today's Low

₹ 3632

52 Week High

₹ 4169.5

52 Week Low

₹ 1590.3

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

102292.34 Cr.

Enterprise Value

100887.68 Cr.

No. of Shares

27.72 Cr.

P/E

61.6

P/B

16.6

Face Value

₹ 2

Div. Yield

1.02 %

Book Value (TTM)

₹  222.33

CASH

1504.66 Cr.

DEBT

100 Cr.

Promoter Holding

51 %

EPS (TTM)

₹  59.91

Sales Growth

15.68%

ROE

28.8 %

ROCE

36.22%

Profit Growth

46.98 %

* 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 36 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 Year15.68%
3 Year27.43%
5 Year9.62%

Profit Growth

1 Year46.98%
3 Year39.04%
5 Year18.11%

ROE%

1 Year28.8%
3 Year23.35%
5 Year19.92%

ROCE %

1 Year36.22%
3 Year29.32%
5 Year24.64%

Debt/Equity

0.0162

Price to Cash Flow

79.91

Interest Cover Ratio

81.0243

CFO/PAT (5 Yr. Avg.)

0.849877139898056

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2024 51 0
Mar 2024 51 0
Dec 2023 51 0
Sep 2023 51 0
Jun 2023 51 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 39.0350780556068% for the Past 3 years.
  • The company has shown a good revenue growth of 27.4310050389418% for the Past 3 years.
  • The company has significantly decreased its debt by 250.04 Cr.
  • Company has been maintaining healthy ROE of 23.3541289500902% over the past 3 years.
  • Company has been maintaining healthy ROCE of 29.3162195125416% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 81.0243.
  • The company has an efficient Cash Conversion Cycle of 29.5738 days.
  • Company has a healthy liquidity position with current ratio of 2.899.
  • The company has a high promoter holding of 51%.

 Limitations

  • The company is trading at a high PE of 61.6.
  • The company is trading at a high EV/EBITDA of 43.5636.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 1926 2208.71 1899.68 2534.06 2316.15
Total Expenditure 1599.95 1868.13 1561.08 1996.13 1771.88
Operating Profit 326.05 340.58 338.6 537.93 544.27
Other Income 130.62 117.48 132.23 113.61 204.47
Interest 6.55 7.68 6.65 6.29 6.16
Depreciation 37.22 35.82 37.89 41.9 42.03
Exceptional Items 0 0 0 -1.7 0
Profit Before Tax 412.9 414.56 426.29 601.65 700.55
Tax 94.4 98.89 97.78 146.73 139.03
Profit After Tax 318.5 315.67 328.51 454.92 561.52
Adjusted EPS (Rs) 11.49 11.39 11.85 16.41 20.26

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 5157.73 4329.24 6140.4 7744.43 8958.6
Total Expenditure 4571.91 3752.3 5266.48 6503.04 7198.09
Operating Profit 585.82 576.94 873.92 1241.39 1760.51
Other Income 332 372.71 298.69 421.21 568.66
Interest 20.25 16.17 11.5 15.78 26.78
Depreciation 118.66 125.52 134.02 140.45 157.64
Exceptional Items -19.85 0 132.36 -14.3 -1.7
Profit Before Tax 759.06 807.96 1159.45 1492.07 2143.05
Tax 129.72 190.09 272.8 362.25 482.43
Net Profit 629.34 617.87 886.65 1129.82 1660.62
Adjusted EPS (Rs.) 22.7 22.29 31.99 40.76 59.91

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 55.44 55.44 55.44 55.44 55.44
Total Reserves 4119.52 4351.33 4797.22 5312.54 6107.65
Borrowings 0 0 0 0 0
Other N/C liabilities 223.98 195.53 220 268.68 299.67
Current liabilities 1555.11 1094.62 1732.45 1875.38 2035.71
Total Liabilities 5954.05 5696.92 6805.11 7512.04 8498.47
Assets
Net Block 1227.68 1165.36 1225.37 1202.96 1317.8
Capital WIP 70.25 79.4 60.37 41.29 94.65
Intangible WIP 9.78 48.12 0.41 0 2.16
Investments 42.68 42.54 37.35 37.24 37.24
Loans & Advances 206.11 107.52 109.89 141.74 164.28
Other N/C Assets 1051.08 1042.14 982.96 1021.73 980.89
Current Assets 3346.47 3211.84 4388.76 5067.08 5901.45
Total Assets 5954.05 5696.92 6805.11 7512.04 8498.47
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 759.06 807.96 1159.45 1492.07 2143.05
Adjustment -13.59 -39.68 -129.71 -69.93 -181.32
Changes in Assets & Liabilities 14.44 102.78 -68.35 -259.06 -184.46
Tax Paid -160.93 -83.21 -254.33 -351.99 -497.2
Operating Cash Flow 598.98 787.85 707.06 811.09 1280.07
Investing Cash Flow -201.98 24.69 -573.76 87.17 -246.98
Financing Cash Flow -410.92 -872.44 -77.4 -684.41 -1132.59
Net Cash Flow -13.92 -59.9 55.9 213.85 -99.5

Corporate Actions

Investors Details

PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
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 Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
investors 49.00 49.00 49.00 49.00 49.00
axis mutual fund trustee ... 1.36 1.07 1.12 1.72 1.84
hdfc mutual fund - hdfc m... 1.11 1.10 1.37 1.39 1.76
icici prudential bluechip... 1.32 - - 2.81 2.76
investor education and pr... 0.21 0.21 - - 0.22
kotak emerging equity sch... 3.38 3.19 3.29 3.36 2.08
kotak funds - india midca... - - - - 1.08
llp 0.02 0.02 0.02 0.01 0.03
nps trust- a/c uti retire... 1.28 1.71 1.68 1.40 1.39
sbi blue chip fund 3.83 3.17 3.33 2.95 2.28
sbi life insurance co. lt... 1.18 - - 1.12 1.11
investor education and pr... - - 0.21 0.21 -
hdfc life insurance compa... 1.01 1.04 1.01 - -
icici prudential multicap... - 2.22 3.18 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Cummins India launches first IT Global Competency Centre in Pune18 Jul 2024, 12:26PM Cummins India submits notice of 63rd Annual General Meeting13 Jul 2024, 11:46AM Cummins India informs about loss of share certificate12 Jul 2024, 9:38AM Cummins India informs about issuance of letter of confirmation10 Jul 2024, 9:53AM Cummins India informs about analyst meet 5 Jun 2024, 12:35PM Cummins India reports 54% rise in Q4 consolidated net profit30 May 2024, 11:41AM Cummins India - Quaterly Results29 May 2024, 9:10PM Cummins India - Quaterly Results29 May 2024, 9:10PM Cummins India informs about board meeting13 Apr 2024, 12:00PM Cummins India informs about earnings call transcript 12 Feb 2024, 1:13PM Cummins India reports 21% rise in Q3 consolidated net profit8 Feb 2024, 12:00PM Cummins India - Quaterly Results7 Feb 2024, 8:48PM Cummins India - Quaterly Results7 Feb 2024, 8:48PM Cummins India along with Repos Energy launches DATUM at CII EXCON 202312 Dec 2023, 4:30PM Cummins India reports 23% rise in Q2 consolidated net profit8 Nov 2023, 12:00PM Cummins India - Quaterly Results7 Nov 2023, 6:57PM Cummins India - Quaterly Results7 Nov 2023, 6:57PM Cummins India informs about investor meet 4 Sep 2023, 5:14PM Cummins India informs about issuance of letter of confirmations23 Aug 2023, 2:12PM Cummins India informs about transcript of conference call7 Aug 2023, 10:30AM Cummins India informs about newspaper publication 7 Aug 2023, 10:27AM Cummins India reports 79% rise in Q1 consolidated net profit4 Aug 2023, 2:21PM Cummins India - Quaterly Results3 Aug 2023, 4:03PM Cummins India - Quaterly Results3 Aug 2023, 4:03PM Cummins India - Quaterly Results3 Aug 2023, 4:03PM Cummins India informs about loss of share certificates31 Jul 2023, 2:42PM Cummins India informs about loss of certificates31 Jul 2023, 12:26PM Cummins India informs about loss of certificate18 Jul 2023, 2:15PM Cummins India informs about loss of certificate17 Jul 2023, 12:09PM Cummins India launches CPCBIV+ emission standard compliant genset engines6 Jul 2023, 2:22PM Cummins India informs about certificate5 Jul 2023, 5:21PM Cummins India informs about loss of share certificate19 Jun 2023, 5:08PM Cummins India informs about press release 13 Jun 2023, 4:21PM Cummins India gets various CPCB IV+ compliance certifications from ARAI13 Jun 2023, 2:09PM Cummins India informs about analyst meet 12 Jun 2023, 12:34PM Cummins India informs about analyst meet5 Jun 2023, 5:06PM Cummins India informs about analyst call 2 Jun 2023, 10:25AM Cummins India informs about loss of certificates29 May 2023, 12:26PM Cummins India informs about analyst meet25 May 2023, 4:26PM Cummins India informs about analyst call 25 May 2023, 12:23PM Cummins India informs about press release25 May 2023, 11:41AM Cummins India - Quaterly Results24 May 2023, 2:28PM Cummins India - Quaterly Results24 May 2023, 2:28PM Cummins India - Quaterly Results24 May 2023, 2:28PM Cummins India informs about investors interaction 12 May 2023, 10:58AM Cummins India informs about loss of certificate24 Apr 2023, 10:34AM Cummins India informs about details of loss of certificate20 Apr 2023, 5:08PM Cummins India informs about confirmation certificate4 Apr 2023, 2:17PM Cummins India informs about loss of certificate9 Mar 2023, 12:15PM Cummins India informs about loss of share certificate2 Mar 2023, 2:52PM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Cummins India . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 62.065471590084 which is high and comparatively overvalued .

  • Share Price: - The current share price of Cummins India is Rs 3718.15. One can use valuation calculators of ticker to know if Cummins India share price is undervalued or 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 20.7441 % which is a good 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 2.899 .

  • 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 28.8025 % .(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 Debt to Equity ratio of 0.0162 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Cummins India has reported revenue growth of 15.678 % 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 19.6516196727167 %.

  • 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 38 and the yield is 1.024 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Cummins India is Rs 59.9069 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Cummins India in Ticker for free. Also, one can get the intrinsic value of Cummins India by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Cummins India
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