Cummins India Ltd.
NSE: CUMMINSIND · Compressors, Pumps & Diesel Engines
Snapshot
Unlock Cummins India Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Cummins India Limited is a leading manufacturer and distributor of diesel engines, generator sets, and integrated power solutions. The company serves diverse sectors including infrastructure, data centres, mining, and defence through its Engine, Power Systems, and Distribution business units.
Business Model
The company generates revenue through the design, manufacture, and sale of power generation equipment alongside comprehensive after-market support services. It operates as a subsidiary of Cummins Inc., leveraging global technology to serve both domestic Indian markets and international export regions.
Growth Outlook
Growth is driven by increasing demand for reliable power solutions in data centres, infrastructure projects, and the manufacturing sector. The company continues to expand its footprint through both domestic market penetration and strategic exports to global markets including the US, Europe, and China.
Key Risks
- Cyclical Demand. The company's performance is sensitive to cyclical fluctuations in the infrastructure, mining, and construction sectors.
- Input Cost Volatility. Fluctuations in the prices of raw materials like steel and other metals can significantly impact manufacturing margins.
- Regulatory and Emission Standards. Increasingly stringent environmental regulations regarding diesel engine emissions may necessitate continuous R&D investment and product upgrades.
- Geopolitical and Export Risks. As a significant exporter, the company is exposed to trade barriers, currency fluctuations, and geopolitical instability in its international markets.
Price
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Key Metrics
REVENUE
₹12,143 Cr
TTM · consolidated
NET PROFIT
₹2,362 Cr
TTM · consolidated
EPS
₹85.20
TTM · consolidated
RETURN ON EQUITY
30.3%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
34.7%
TTM · consolidated
P/E
65.6x
Q4 FY26 · consolidated
EV/EBITDA
49.6x
Q4 FY26 · consolidated
EBITDA MARGIN
25.6%
TTM · consolidated
NET PROFIT MARGIN
21.6%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Compressors, Pumps & Diesel Engines
| Company | Mkt Cap (Cr) | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Cummins India Ltd.CUMMINSIND | 1,28,279 | 65.63 | 49.65 | 16.9% | 25.6% | 30.3% | 34.7% | +56.7% |
Kirloskar Oil Eng Ltd.KIRLOSENG | 19,376 | 61.14 | 26.51 | 21.4% | 19.3% | 17.5% | 18.2% | +153.5% |
Elgi Equipments Ltd.ELGIEQUIP | 15,297 | 42.67 | 26.65 | 12.5% | 17.6% | 22.0% | 29.0% | +6.9% |
KSB Ltd.KSB | 13,998 | 61.49 | 37.65 | 4.5% | 15.5% | 16.9% | 20.8% | +5.3% |
Kirloskar Brothers Ltd.KIRLOSBROS | 11,957 | 39.78 | 23.57 | 1.0% | 13.7% | 17.3% | 20.1% | -15.8% |
Ingersoll-Rand (India) LimitedINGERRAND | 11,426 | 57.67 | 39.29 | 3.3% | 26.7% | 41.9% | 55.1% | +12.7% |
As of Q4 FY26
Financials
Cummins India Ltd.
NSE: CUMMINSIND · Compressors, Pumps & Diesel Engines
Snapshot
Unlock Cummins India Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Cummins India Limited is a leading manufacturer and distributor of diesel engines, generator sets, and integrated power solutions. The company serves diverse sectors including infrastructure, data centres, mining, and defence through its Engine, Power Systems, and Distribution business units.
Business Model
The company generates revenue through the design, manufacture, and sale of power generation equipment alongside comprehensive after-market support services. It operates as a subsidiary of Cummins Inc., leveraging global technology to serve both domestic Indian markets and international export regions.
Growth Outlook
Growth is driven by increasing demand for reliable power solutions in data centres, infrastructure projects, and the manufacturing sector. The company continues to expand its footprint through both domestic market penetration and strategic exports to global markets including the US, Europe, and China.
Key Risks
- Cyclical Demand. The company's performance is sensitive to cyclical fluctuations in the infrastructure, mining, and construction sectors.
- Input Cost Volatility. Fluctuations in the prices of raw materials like steel and other metals can significantly impact manufacturing margins.
- Regulatory and Emission Standards. Increasingly stringent environmental regulations regarding diesel engine emissions may necessitate continuous R&D investment and product upgrades.
- Geopolitical and Export Risks. As a significant exporter, the company is exposed to trade barriers, currency fluctuations, and geopolitical instability in its international markets.
Price
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Start your research today
Unlock AI insights, financials, peers and live data on Cummins India Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹12,143 Cr
TTM · consolidated
NET PROFIT
₹2,362 Cr
TTM · consolidated
EPS
₹85.20
TTM · consolidated
RETURN ON EQUITY
30.3%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
34.7%
TTM · consolidated
P/E
65.6x
Q4 FY26 · consolidated
EV/EBITDA
49.6x
Q4 FY26 · consolidated
EBITDA MARGIN
25.6%
TTM · consolidated
NET PROFIT MARGIN
21.6%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Compressors, Pumps & Diesel Engines
As of Q4 FY26