Cummins India Limited

Web: cumminsindia.com NSE: CUMMINSIND BSE: 500480 SECTOR: Capital Goods - Industrial Products

5610 24(0%)

Near 52W High of 6100

Volume

3L as on 22, Jul

Open

5,582

High

5,644

Low

5,547

5,586

VWAP

5,596

52 Week High

6,100

52 Week Low

3,482

Viand Research Rating

Quality Score

68/100

Growth Score

41/100

Valuation Score

25/100

Momentum Score

70/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

1,55,509

No. of Shares

27.7

P/E

73.51

P/B

16.11

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

28.63

ROCE

Profit Growth

Listing Date

29-Mar-95

Promoter Holding

51%

FII Holding

20.77%

DII Holding

19.43%

Price Chart

Price Performance

1 Week1%

1 Month3%

3 Months7%

6 Months37%

1 Year54%

YTD25%

Moving Average

5 Day SMA5,543

10 Day SMA5,548

20 Day SMA5,557

30 Day SMA5,615

50 Day SMA5,578

61 Day SMA5,526

80 Day SMA5,374

200 Day SMA4,756

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	5,693	5,605	5,640	5,740
Resistance 2	5,640	5,598	5,609	5,663
Resistance 1	5,612	5,590	5,590	5,658
Pivot Point	5,558	5,583	5,558	5,582
Support 1	5,530	5,576	5,527	5,577
Support 2	5,477	5,568	5,508	5,500
Support 3	5,448	5,561	5,477	5,495

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,06,834	4588	3%	1%	5%	3%	31	94	0	9116
2	BEL	2,96,302	405	1%	6%	3%	2%	49	94	0	6062
3	ABB	1,59,609	7532	4%	3%	58%	31%	93	94	0.01	1668
4	CUMMINSIND	1,55,509	5610	1%	3%	37%	54%	74	94	0	2362
5	TMCV	1,50,246	408	4%	1%	9%	23%	0	94	0.44	3030
6	POWERINDIA	1,42,988	32080	6%	13%	90%	61%	150	94	0.02	988
7	BHEL	1,42,068	408	0%	1%	66%	66%	409	94	0.31	1600
8	CGPOWER	1,39,149	884	2%	5%	59%	34%	119	94	0.01	1199
9	POLYCAB	1,34,724	8943	3%	9%	30%	32%	52	94	0.02	2708
10	SIEMENS	1,30,874	3675	2%	3%	25%	16%	66	94	0.02	2754
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%	(0.01) 51.00%
FIIs	(1.41) 20.77%	(1.11) 19.42%	(0.91) 18.35%	(0.31) 17.50%	(-0.91) 17.21%	(0.61) 18.09%	(-0.41) 17.50%	(0.61) 17.95%	(0.81) 17.36%	(0.11) 16.51%	(2.11) 16.45%	(0.41) 14.37%	(1.81) 13.99%	(1.81) 12.20%	(0.01) 10.37%	(-0.21) 10.35%	(-2.01) 10.52%	(0.61) 12.54%	(0.01) 11.97%
DIIs	(-1.21) 19.43%	(-1.11) 20.60%	(-0.81) 21.73%	(-0.31) 22.53%	(1.01) 22.84%	(-0.71) 21.80%	(0.31) 22.50%	(-0.61) 22.24%	(-0.51) 22.86%	(1.41) 23.36%	(-1.81) 21.97%	(0.21) 23.76%	(-1.41) 23.61%	(-1.61) 24.99%	(1.51) 26.54%	(-0.11) 25.05%	(1.41) 25.16%	(-0.61) 23.76%	(0.01) 24.41%
Government	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.11%	0.14%	0.14%	0.20%	0.20%	0.20%	0.20%	0.20%	0.20%	0.20%	0.20%	0.20%	0.20%
Public	8.68%	8.87%	8.82%	8.86%	8.85%	9.00%	8.89%	8.66%	8.63%	8.93%	10.36%	10.67%	11.20%	11.61%	11.90%	13.40%	13.12%	12.50%	12.42%
No. of Shareholders	161,993	166,210	160,027	159,665	162,496	177,228	164,943	150,097	120,043	117,905	128,971	119,883	122,448	117,186	119,027	109,067	111,184	100,739	90,794

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	3011	3055	3170	2907	2470	3096	2509	2316	2319	2541	1922	2218	1934	2185	1957	1696	1502	1744	1730	1195
Sales Growth % (YoY)	21.9%	-1.3%	26.4%	25.5%	6.5%	21.8%	30.6%	4.4%	19.9%	16.3%	-1.8%	30.8%	28.7%	25.3%	13.1%	41.9%	19.6%	21.8%	47.9%	137.6%
Sales Growth % (QoQ)	-1.4%	-3.6%	9%	17.7%	-20.2%	23.4%	8.3%	-0.1%	-8.7%	32.2%	-13.3%	14.7%	-11.5%	11.7%	15.4%	12.9%	-13.9%	0.8%	44.8%	-
Expenses	2369	2420	2475	2283	1945	2499	2025	1842	1781	1999	1575	1876	1604	1772	1667	1481	1294	1471	1471	1047
Operating Profit	642	634	695	624	525	598	484	473	539	543	346	342	330	413	290	215	208	273	259	148
OPM %	21	21	22	21	21	19	19	20	23	21	18	15	17	19	15	13	14	16	15	12
Other Income	263	46	181	212	217	168	157	171	186	153	128	155	159	157	102	84	103	94	71	199
Interest	2	5	3	3	5	3	3	5	6	6	7	8	7	3	5	2	5	3	2	2
Depreciation	51	50	49	48	46	49	45	44	42	42	38	36	38	35	36	34	35	35	34	31
Profit before tax	852	626	824	785	690	714	594	595	676	647	429	453	444	533	351	263	272	328	294	314
Tax %	24	22	24	23	23	22	24	22	20	23	23	22	21	22	24	25	20	24	25	21
Net Profit	649	486	622	604	530	558	449	463	539	499	329	354	349	414	267	198	216	250	221	247
Net Profit Growth % (QoQ)	33.5%	-21.9%	3%	14%	-5%	24.3%	-3%	-14.1%	8%	51.7%	-7.1%	1.4%	-15.7%	55.1%	34.8%	-8.3%	-13.6%	13.1%	-10.5%	-
Net Profit Growth % (YoY)	22.5%	-12.9%	38.5%	30.5%	-1.7%	11.8%	36.5%	30.8%	54.4%	20.5%	23.2%	78.8%	61.6%	65.6%	20.8%	-19.8%	-	-	-	-
TTM Net Profit	2361	2242	2314	2141	2000	2009	1950	1830	1721	1531	1446	1384	1228	1095	931	885	934	718	468	0
EPS in Rs	23.43	17.53	22.45	21.79	19.1	20.15	16.21	16.69	19.44	18	11.87	12.76	12.59	14.93	9.64	7.15	7.8	9	7.97	8.91

Upcoming result date: 05-Aug-2026

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2009	Mar 2008
Sales	12143	10391	9000	7772	6171	4360	5191	5697	5112	5106	4720	4916	3559	2692
Sales Growth %	16.9%	15.4%	15.8%	26%	41.5%	-16%	-8.9%	11.4%	0.1%	8.2%	-4%	-	32.2%	24.8%
Expenses	9548	8311	7231	6524	5288	3757	4598	4828	4374	4302	3945	4101	3051	2326
Operating Profit	2595	2080	1770	1248	883	603	593	869	738	805	775	815	508	366
OPM %	21	20	20	16	14	14	11	15	14	16	16	17	14	14
Other Income	702	714	622	502	472	366	356	328	298	141	116	208	163	114
Interest	12	16	27	16	12	17	21	17	15	17	10	2	3	3
Depreciation	199	185	159	142	136	127	121	111	94	85	81	86	48	38
Profit before tax	3086	2593	2205	1591	1207	825	807	1069	927	843	799	935	619	439
Tax %	23	23	22	23	23	23	13	31	23	22	21	19	28	32
Net Profit	2362	2000	1721	1228	934	635	706	743	712	736	721	772	463	325
Net Profit Growth %	18.1%	16.2%	40.1%	31.5%	47.1%	-10.1%	-5%	4.4%	-3.3%	2.1%	-6.6%	66.7%	42.5%	-
EPS in Rs	85.2	72.15	62.07	44.31	33.68	22.91	25.45	26.79	25.68	26.56	26.02	27.85	16.7	11.72
Dividend Payout %	77	71	61	56	55	65	55	63	58	53	54	50	38	28

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2009	Mar 2008
Cash from Operating Activity	1734	1685	1285	820	712	789	601	553	632	748	696	589	233	279
Cash from Investing Activity	15	-580	-248	87	-574	25	-202	15	-134	-483	-215	-146	11	-209
Cash from Financing Activity	-1495	-1168	-1134	-687	-82	-873	-412	-525	-470	-226	-471	-444	-223	-101
Net Cash Flow	254	-63	-97	219	56	-60	-14	43	28	39	10	-1	21	-31

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2009	Mar 2008
Equity Capital	55	55	55	55	55	55	55	55	55	55	55	55	55	55	40	40
Reserves	8420	7840	7506	6912	6557	5703	5090	4596	4347	4228	4063	3816	3553	3033	1446	1194
Borrowings	37	24	30	28	127	376	418	40	512	313	257	252	3	3	28	34
Other Liabilities	2793	2621	2577	2402	2231	1784	1549	1265	1282	1465	1339	1091	1051	1508	798	721
Total Liabilities	11304	10540	10168	9397	8971	7919	7112	5956	6196	6060	5715	5214	4662	4599	2312	1989
Fixed Assets	2404	2366	2364	2348	2302	2226	2209	2189	2270	2015	2021	1502	1291	1307	257	244
CWIP	77	72	85	65	97	41	61	128	80	159	39	463	519	171	58	31
Investments	2153	2186	1482	1664	1642	1457	892	599	1038	468	708	862	489	536	442	487
Other Assets	6670	5916	6238	5320	4930	4194	3951	3041	2809	3418	2947	2387	2364	2585	1555	1228
Total Assets	11304	10540	10168	9397	8971	7919	7112	5956	6196	6060	5715	5214	4662	4599	2312	1989

OI Chart

Price

Delivery

#	Date	5183 18% 6100	Value (Cr)	Q/T 11	Del 45	Del 379
1	22-Jul	5586	180	13	57	102
2	21-Jul	5583	105	9	45	47
3	20-Jul	5506	172	12	62	107
4	17-Jul	5448	363	11	61	221
5	16-Jul	5592	385	12	55	211
6	15-Jul	5550	290	11	59	172
7	14-Jul	5494	196	9	62	121
8	13-Jul	5555	180	11	62	112
9	10-Jul	5622	262	10	51	133
10	9-Jul	5542	164	11	54	88
11	8-Jul	5498	216	9	52	113
12	7-Jul	5472	324	10	60	196
13	6-Jul	5578	238	10	52	125
14	3-Jul	5478	434	9	57	246
15	2-Jul	5578	182	7	51	93
16	1-Jul	5663	129	8	50	65
17	30-Jun	5660	365	11	63	228
18	29-Jun	5542	1012	14	70	711
19	25-Jun	5642	271	9	60	163
20	24-Jun	5556	240	6	60	144
21	23-Jun	5736	254	10	51	130
22	22-Jun	5764	340	10	52	177
23	19-Jun	5865	190	11	53	101
24	18-Jun	5858	182	9	55	101
25	17-Jun	5833	196	9	59	116
26	16-Jun	5724	148	8	55	81
27	15-Jun	5754	234	10	41	97
28	12-Jun	5622	140	8	48	67
29	11-Jun	5557	140	8	43	60
30	10-Jun	5610	156	10	44	68
31	9-Jun	5626	272	15	57	156
32	8-Jun	5610	275	10	54	149
33	5-Jun	5784	221	10	56	123
34	4-Jun	5788	292	9	45	131
35	3-Jun	5692	219	8	54	119
36	2-Jun	5708	401	11	56	225
37	1-Jun	5680	343	9	53	183
38	29-May	5881	1197	16	54	640
39	27-May	6028	1006	14	20	197
40	26-May	5418	165	9	46	76
41	25-May	5382	153	8	57	87
42	22-May	5353	124	12	57	71
43	21-May	5390	183	12	50	92
44	20-May	5400	237	10	46	108
45	19-May	5254	171	7	60	103
46	18-May	5298	145	7	53	77
47	15-May	5392	235	11	55	129
48	14-May	5367	172	9	46	79

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	1,55,509c	554c	0.36
22-Jul	1,54,955c	111c	0.07
21-Jul	1,54,844c	4,158c	2.76
17-Jul	1,50,686c	4,546c	2.93
16-Jul	1,55,232c	943c	0.61
15-Jul	1,54,290c	2,107c	1.38
14-Jul	1,52,183c	1,788c	1.16
13-Jul	1,53,971c	2,232c	1.43
10-Jul	1,56,202c	2,897c	1.89
09-Jul	1,53,306c	651c	0.43
08-Jul	1,52,654c	554c	0.36
07-Jul	1,52,100c	2,633c	1.70
06-Jul	1,54,733c	1,705c	1.09
02-Jul	1,56,438c	1,372c	0.87
30-Jun	1,57,810c	1,317c	0.84
29-Jun	1,56,493c	125c	0.08
26-Jun	1,56,618c	180c	0.11
25-Jun	1,56,798c	3,035c	1.97
24-Jun	1,53,763c	5,295c	3.33
23-Jun	1,59,057c	832c	0.52
22-Jun	1,59,889c	2,564c	1.58
19-Jun	1,62,453c	970c	0.60
17-Jun	1,61,483c	2,800c	1.76
16-Jun	1,58,683c	846c	0.53
15-Jun	1,59,529c	3,659c	2.35
12-Jun	1,55,870c	1,843c	1.17
11-Jun	1,57,713c	610c	0.39
10-Jun	1,57,103c	0	0

Stock Checklist

Price is above from 52 week high low average: 63%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 613 fund scheme(s) across 44 fund house(s) as of Jul26 · Total value ₹36,259 Cr · 130 increasing / 60 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
HDFC Mutual Fund	28	1.98%	+0.09%	6459
ICICI Prudential Mutual Fund	42	2.90%	+0.04%	4533.2
Axis Mutual Fund	38	1.26%	-	3462.2
Kotak Mahindra Mutual Fund	34	14.85%	+0.31%	3232.8
SBI Mutual Fund	20	2.82%	+0.07%	2357
Nippon India Mutual Fund	30	6.78%	+0.01%	2293.1
Aditya Birla Sun Life Mutual Fund	24	1.30%	-	2007
Sundaram Mutual Fund	26	3.05%	+0.01%	1726.3
Tata Mutual Fund	26	3.73%	-	1494.1
UTI Mutual Fund	24	3.50%	-	1456.6
Edelweiss Mutual Fund	16	2.00%	-	867.6
Baroda BNP Paribas Mutual Fund	28	3.37%	-	761.3
ICICI Prudential Asset Management Company Limited	3	0.37%	+0.77%	759.5
Mirae Asset Mutual Fund	16	4.59%	-	742.5
Canara Robeco Mutual Fund	12	0.90%	-	527.7
PGIM India Mutual Fund	12	1.34%	-	467.7
Helios Mutual Fund	6	2.32%	+0.10%	439.9
Franklin Templeton Mutual Fund	6	0.89%	-0.16%	321.4
Union Mutual Fund	22	22.70%	-	301.7
Bandhan Mutual Fund	30	2.53%	-	292.6
WhiteOak Capital Mutual Fund	16	0.83%	-0.06%	261.4
Bajaj Finserv Mutual Fund	10	380.03%	-0.52%	235.6
HSBC Mutual Fund	12	0.45%	-	213.6
Motilal Oswal Mutual Fund	16	3.81%	-	169
LIC Mutual Fund	10	4.42%	-	167.9
ITI Mutual Fund	18	1.43%	+0.04%	148.3
DSP Mutual Fund	14	2.96%	-	139
Samco Mutual Fund	16	38.73%	-	82.9
Navi Mutual Fund	8	2.42%	-	75.9
JM Financial Mutual Fund	4	2.27%	+0.02%	71.2
360 ONE Mutual Fund	2	3.29%	-	57.9
Groww Mutual Fund	10	2.26%	-	30.4
Invesco Mutual Fund	4	0.92%	-	26.9
Capitalmind Mutual Fund	2	2.19%	-	16.3
Trust Mutual Fund	6	0.43%	-0.89%	15.5
Mahindra Manulife Mutual Fund	2	0.63%	+0.04%	11.3
PPFAS Mutual Fund	2	0.52%	-	7.3
PGIM India Asset Management Private Limite	1	1.06%	+1.06%	5.8
Jio BlackRock Mutual Fund	2	3.10%	-	5.1
Zerodha Mutual Fund	3	0.25%	+0.02%	5.1
The Wealth Company Mutual Fund	2	4.63%	-	3.5
Angel One Mutual Fund	4	5.67%	-	3.4
Unifi Mutual Fund	2	0.63%	-	2.4
Shriram Mutual Fund	4	0.10%	-	0.3

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Events

Date	Purpose
05-Aug-26	Q1 2027