Cummins India Limited vs Kirloskar Oil Engines Limited
An objective side-by-side of CUMMINSIND and KIRLOSENG, both in Engines: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: CUMMINSIND Jun 2026 · KIRLOSENG Jun 2026
At a glance
- Cummins India Limited is the larger company by market value, about 4.5 times the size of Kirloskar Oil Engines Limited.
- On trailing earnings, Cummins India Limited trades at the lower P/E (59.4 against 73.2).
- Cummins India Limited earns the higher return on equity (27.9% against 11.7%).
- Over three years Cummins India Limited has grown profits faster (26% a year against 23%).
- Over the past year the share prices returned +25.1% (CUMMINSIND) and +139.8% (KIRLOSENG).
| Metric | Cummins India CUMMINSIND |
Kirloskar Oil KIRLOSENG |
|---|---|---|
| Size and price | ||
| Market cap | ₹140,457 Cr | ₹31,031 Cr |
| Share price | ₹5,067 | ₹2,132 |
| Valuation | ||
| P/E | 59.36 | 73.18 |
| P/B | 16.57 | 8.57 |
| EV/EBITDA | 54.29 | 34.44 |
| PEG | 2.28 | 3.18 |
| Dividend yield | 1.3% | 0.3% |
| Profitability | ||
| ROE | 27.9% | 11.7% |
| ROCE | 40.0% | 15.0% |
| Operating margin | 20.4% | 13.3% |
| Sales (TTM) | ₹12,662 Cr | ₹7,937 Cr |
| Net profit (TTM) | ₹2,366 Cr | ₹424 Cr |
| Growth | ||
| Latest quarter sales YoY | +19.8% | +13.4% |
| Latest quarter profit YoY | +0.9% | -20.1% |
| Sales CAGR 3Y | +16.0% | +15.0% |
| Profit CAGR 3Y | +26.0% | +23.0% |
| Sales CAGR 5Y | +23.0% | +19.0% |
| Profit CAGR 5Y | +31.0% | +25.0% |
| Financial strength | ||
| Debt/Equity | 0.00 | 1.48 |
| Interest cover | 187.57 | 1.74 |
| Ownership | ||
| Promoter holding | 51.0% | 41.1% |
| Promoter change (4 qtrs) | +0.00 pp | -0.06 pp |
| Price performance | ||
| Return 1M | -2.65% | -0.82% |
| Return 3M | -12.09% | -10.77% |
| Return 1Y | +25.09% | +139.77% |
| Return YTD | +14.27% | +74.96% |
| Technical condition | ||
| Technical score | 39 | 41 |
| RS rating (1-99) | 59.00 | 91.00 |
| % vs 200-DMA | +1.65% | +26.09% |
| RSI (14) | 44.85 | 48.86 |
| % from 52-week high | -16.93% | -21.60% |
