Shares of Cummins India were trading higher, with the stock last traded at Rs 3,903.80, a 2.03 percent increase from the previous close, at 12:08 pm.
Cummins India is included as one of the stocks in the Nifty Midcap 150 index.
Here's a look at the consolidated quarterly financial performance of Cummins India:
| Heading | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 2,315.56 Crore | Rs 2,508.60 Crore | Rs 3,096.15 Crore | Rs 2,470.38 Crore | Rs 2,906.82 Crore |
| Net Profit | Rs 395.27 Crore | Rs 397.24 Crore | Rs 501.53 Crore | Rs 439.13 Crore | Rs 538.62 Crore |
| EPS | 16.69 | 16.21 | 20.15 | 19.10 | 21.79 |
The company has demonstrated strong financial performance in the recent quarters. The revenue for Jun 2025 stood at Rs 2,906.82 Crore, up from Rs 2,315.56 Crore in Jun 2024. The net profit for Jun 2025 was Rs 538.62 Crore, compared to Rs 395.27 Crore in Jun 2024. The EPS has also increased from 16.69 in Jun 2024 to 21.79 in Jun 2025.
The following table summarizes the key consolidated yearly financial data for Cummins India:
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 4,360.08 Crore | Rs 6,170.92 Crore | Rs 7,772.09 Crore | Rs 9,000.20 Crore | Rs 10,390.69 Crore |
| Net Profit | Rs 521.91 Crore | Rs 842.59 Crore | Rs 1,020.17 Crore | Rs 1,475.42 Crore | Rs 1,733.17 Crore |
| EPS | 22.91 | 33.68 | 44.31 | 62.07 | 72.15 |
| BVPS | 167.80 | 185.60 | 207.73 | 238.54 | 272.78 |
| ROE | 13.65 | 18.14 | 21.32 | 26.02 | 26.44 |
| Debt to Equity | 0.00 | 0.08 | 0.06 | 0.02 | 0.00 |
The company’s financial performance has been robust over the past five years. The revenue has increased from Rs 4,360.08 Crore in 2021 to Rs 10,390.69 Crore in 2025. The net profit has also increased from Rs 521.91 Crore in 2021 to Rs 1,733.17 Crore in 2025. The EPS has risen from 22.91 in 2021 to 72.15 in 2025.
The following table presents the consolidated yearly income statement for Cummins India:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 10,390 Crore | Rs 9,000 Crore | Rs 7,772 Crore | Rs 6,170 Crore | Rs 4,360 Crore |
| Other Income | Rs 446 Crore | Rs 378 Crore | Rs 308 Crore | Rs 243 Crore | Rs 273 Crore |
| Total Income | Rs 10,837 Crore | Rs 9,378 Crore | Rs 8,080 Crore | Rs 6,414 Crore | Rs 4,633 Crore |
| Total Expenditure | Rs 8,495 Crore | Rs 7,391 Crore | Rs 6,680 Crore | Rs 5,286 Crore | Rs 3,905 Crore |
| EBIT | Rs 2,341 Crore | Rs 1,986 Crore | Rs 1,399 Crore | Rs 1,127 Crore | Rs 728 Crore |
| Interest | Rs 15 Crore | Rs 27 Crore | Rs 16 Crore | Rs 12 Crore | Rs 16 Crore |
| Tax | Rs 592 Crore | Rs 484 Crore | Rs 363 Crore | Rs 273 Crore | Rs 189 Crore |
| Net Profit | Rs 1,733 Crore | Rs 1,475 Crore | Rs 1,020 Crore | Rs 842 Crore | Rs 521 Crore |
The company's sales have consistently grown over the years, with sales of Rs 10,390 Crore in March 2025 compared to Rs 4,360 Crore in March 2021. Similarly, the net profit has increased from Rs 521 Crore in March 2021 to Rs 1,733 Crore in March 2025.
The following table presents the consolidated quarterly income statement for Cummins India:
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 2,906 Crore | Rs 2,470 Crore | Rs 3,096 Crore | Rs 2,508 Crore | Rs 2,315 Crore |
| Other Income | Rs 133 Crore | Rs 126 Crore | Rs 111 Crore | Rs 105 Crore | Rs 103 Crore |
| Total Income | Rs 3,040 Crore | Rs 2,596 Crore | Rs 3,207 Crore | Rs 2,613 Crore | Rs 2,419 Crore |
| Total Expenditure | Rs 2,318 Crore | Rs 1,991 Crore | Rs 2,547 Crore | Rs 2,069 Crore | Rs 1,886 Crore |
| EBIT | Rs 722 Crore | Rs 605 Crore | Rs 659 Crore | Rs 544 Crore | Rs 532 Crore |
| Interest | Rs 2 Crore | Rs 5 Crore | Rs 3 Crore | Rs 2 Crore | Rs 4 Crore |
| Tax | Rs 180 Crore | Rs 160 Crore | Rs 155 Crore | Rs 144 Crore | Rs 132 Crore |
| Net Profit | Rs 538 Crore | Rs 439 Crore | Rs 501 Crore | Rs 397 Crore | Rs 395 Crore |
The company's quarterly sales have shown fluctuation, with sales of Rs 2,906 Crore in June 2025 and Rs 2,315 Crore in June 2024. The net profit also varies, with Rs 538 Crore in June 2025 and Rs 395 Crore in June 2024.
The following table presents the consolidated cash flow for Cummins India:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | Rs 1,684 Crore | Rs 1,285 Crore | Rs 819 Crore | Rs 711 Crore | Rs 788 Crore |
| Investing Activities | Rs -581 Crore | Rs -268 Crore | Rs 69 Crore | Rs -586 Crore | Rs 15 Crore |
| Financing Activities | Rs -1,167 Crore | Rs -1,134 Crore | Rs -687 Crore | Rs -82 Crore | Rs -873 Crore |
| Others | Rs 1 Crore | Rs 20 Crore | Rs 17 Crore | Rs 12 Crore | Rs 9 Crore |
| Net Cash Flow | Rs -63 Crore | Rs -96 Crore | Rs 219 Crore | Rs 55 Crore | Rs -59 Crore |
The following table presents the consolidated balance sheet for Cummins India:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 55 Crore | Rs 55 Crore | Rs 55 Crore | Rs 55 Crore | Rs 55 Crore |
| Reserves & Surplus | Rs 7,505 Crore | Rs 6,556 Crore | Rs 5,702 Crore | Rs 5,089 Crore | Rs 4,595 Crore |
| Current Liabilities | Rs 2,258 Crore | Rs 2,056 Crore | Rs 1,890 Crore | Rs 1,744 Crore | Rs 1,108 Crore |
| Other Liabilities | Rs 348 Crore | Rs 301 Crore | Rs 270 Crore | Rs 222 Crore | Rs 196 Crore |
| Total Liabilities | Rs 10,168 Crore | Rs 8,970 Crore | Rs 7,918 Crore | Rs 7,111 Crore | Rs 5,956 Crore |
| Fixed Assets | Rs 2,448 Crore | Rs 2,399 Crore | Rs 2,267 Crore | Rs 2,269 Crore | Rs 2,316 Crore |
| Current Assets | Rs 7,008 Crore | Rs 5,942 Crore | Rs 5,098 Crore | Rs 4,413 Crore | Rs 3,255 Crore |
| Other Assets | Rs 711 Crore | Rs 629 Crore | Rs 553 Crore | Rs 429 Crore | Rs 384 Crore |
| Total Assets | Rs 10,168 Crore | Rs 8,970 Crore | Rs 7,918 Crore | Rs 7,111 Crore | Rs 5,956 Crore |
| Contingent Liabilities | Rs 258 Crore | Rs 231 Crore | Rs 235 Crore | Rs 160 Crore | Rs 112 Crore |
The following table presents key financial ratios for Cummins India:
| Ratio | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 72.15 | 62.07 | 44.31 | 33.68 | 22.91 |
| Diluted EPS (Rs.) | 72.15 | 62.07 | 44.31 | 33.68 | 22.91 |
| Book Value / Share (Rs.) | 272.78 | 238.54 | 207.73 | 185.60 | 167.80 |
| Dividend / Share (Rs.) | 51.50 | 38.00 | 25.00 | 18.50 | 15.00 |
| Face Value | 2 | 2 | 2 | 2 | 2 |
| Gross Profit Margin (%) | 24.31 | 23.86 | 20.01 | 18.33 | 19.62 |
| Operating Margin (%) | 22.53 | 22.09 | 18.19 | 16.13 | 16.71 |
| Net Profit Margin (%) | 16.68 | 16.39 | 13.12 | 13.65 | 11.97 |
| Return on Equity (%) | 26.44 | 26.02 | 21.32 | 18.14 | 13.65 |
| ROCE (%) | 29.60 | 28.76 | 23.45 | 18.54 | 15.03 |
| Return On Assets (%) | 19.66 | 19.18 | 15.50 | 13.12 | 10.66 |
| Current Ratio (X) | 3.10 | 2.89 | 2.70 | 2.53 | 2.94 |
| Quick Ratio (X) | 2.66 | 2.43 | 2.22 | 2.11 | 2.43 |
| Debt to Equity (x) | 0.00 | 0.02 | 0.06 | 0.08 | 0.00 |
| Interest Coverage Ratios (X) | 159.43 | 78.38 | 95.81 | 93.03 | 43.47 |
| Asset Turnover Ratio (%) | 1.09 | 1.07 | 1.03 | 0.96 | 73.20 |
| Inventory Turnover Ratio (X) | 10.64 | 5.19 | 5.57 | 5.56 | 7.73 |
| 3 Yr CAGR Sales (%) | 29.76 | 43.67 | 22.36 | 4.07 | -7.65 |
| 3 Yr CAGR Net Profit (%) | 43.42 | 68.14 | 32.24 | 13.86 | -8.69 |
| P/E (x) | 42.30 | 48.43 | 36.78 | 33.29 | 40.14 |
| P/B (x) | 11.18 | 12.61 | 7.84 | 6.06 | 5.48 |
| EV/EBITDA (x) | 32.46 | 38.17 | 28.36 | 26.63 | 28.68 |
| P/S (x) | 8.14 | 9.26 | 5.81 | 5.05 | 5.85 |
Key financial ratios for Cummins India show a P/E ratio of 42.30 and a P/B ratio of 11.18 as of March 2025. The company reported a debt-to-equity ratio of 0.00 as of the year-ending March 2025.
Cummins India has announced several corporate actions, including dividend payments and bonus issues. Recent announcements include:
The company has declared several dividends:
Cummins India has also issued bonus shares in the past:
Additionally, Cummins India has split its shares:
Moneycontrol analysis indicates a very bullish sentiment for Cummins India as of 2025-09-01.
With the stock's last traded price at Rs 3,903.80, Cummins India shows a positive movement in today's session.
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