Cummins India LimitedCUMMINSINDCorporate

Industrials Specialty Industrial Machinery Latest results: Jun 2026 15 quarters of data
₹4,608.00
MCap ₹127,734 Cr · P/E 54.0
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹3,426 Cr
Sales · Jun 2026
+19.8% YoY
₹616 Cr
Operating Profit · Jun 2026
-1.3% YoY
18.0%
OPM % · Jun 2026
-17.4% YoY
₹609 Cr
Net Profit · Jun 2026
+0.9% YoY
₹21.98
EPS · Jun 2026
+0.9% YoY

📝 Cummins India Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Cummins India Limited reported revenue of ₹3,426 crore for the quarter ended June 2026 (Q1 FY27), up 19.8% from ₹2,859 crore in the same quarter last year, and up 13.8% sequentially over the March 2026 quarter.

Net profit rose 0.9% year-on-year to ₹609 crore, from ₹604 crore. Earnings per share (EPS) came in at ₹21.98.

Operating profit stood at ₹616 crore — an operating margin (OPM) of 18.0%, compared with 21.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Cummins India Limited posted revenue of ₹12,095 crore, a growth of 16.4% over FY25, with a net profit of ₹2,361 crore (up 18.0% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹12,662 crore with a net profit of ₹2,366 crore.

Valuation snapshot

At the current price of ₹4,608.00, CUMMINSIND has a market capitalisation of ₹127,734 crore and a trailing P/E of about 54.0.

Within the Specialty Industrial Machinery industry, it is the 4th-largest of the 23 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 51.00%, foreign institutional investors (FIIs) 19.48%, domestic institutional investors (DIIs) 20.82%, public shareholders 8.70% of Cummins India Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹127,734 Cr
Current Price ?
₹4,608.0
P/E ?
53.98above ind
Industry P/E ?
44.90
P/B ?
15.07
P/S ?
10.09
P/FCF ?
85.90
Enterprise Value ?
₹127,771 Cr
EV/EBITDA ?
49.38
PEG ?
2.08
Earnings Yield ?
1.9%
Dividend Yield ?
1.42%
Profitability & Returns
Sales (TTM) ?
₹12,662 Cr
OPM ?
20.4%
Profit after tax (TTM) ?
₹2,366 Cr
EPS (TTM) ?
₹85.37
ROCE ?
40.0%
ROE ?
27.9%
ROA ?
20.9%
Growth
Sales — latest qtr ?
₹3,426 Cr
PAT — latest qtr ?
₹609 Cr
YoY qtr sales growth ?
19.8%
YoY qtr profit growth ?
0.9%
Sales growth (3y) ?
16%
Sales growth (5y) ?
23%
Profit growth (3y) ?
26%
Profit growth (5y) ?
31%
Financial Health
Debt ?
₹37 Cr
Debt to Equity ?
0.00
Interest Coverage ?
187.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
51.00%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-15.4%
Return 6 months ?
-10.4%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 2,1851,9342,2181,9222,5412,3192,3162,5093,0962,4702,8593,1703,0553,0113,426 +19.8% +13.8%
Operating Profit 413330342346543539473484598525624695634642616 -1.3% -4.0%
Other Income 8515915512899100104157111217212181116263137 -35.2% -47.8%
Interest 378766533533524 +30.0% +95.0%
Depreciation 353836384242444549464849505153 +9.6% +3.1%
Profit Before Tax 533444453429647676595594714690785824626852787 +0.3% -7.6%
Net Profit 414349354329499539463449558530604622486649609 +0.9% -6.1%
EPS 14.9312.5912.7611.8718.0019.4416.6916.2120.1519.1021.7922.4517.5323.4321.98 +0.9% -6.2%
OPM % 18.9% 17.1% 15.4% 18.0% 21.3% 23.2% 20.4% 19.3% 19.3% 21.3% 21.8% 21.9% 20.8% 21.3% 18.0% -17.4% -15.5%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹10,391 Cr ₹12,095 Cr ₹12,662 Cr +16.4%
Operating Profit ₹2,080 Cr ₹2,595 Cr ₹2,588 Cr +24.8%
OPM % 20.02% 21.46% 20.44% +7.2%
NPM % 19.25% 19.52% 18.69% +1.4%
Other Income ₹589 Cr ₹772 Cr ₹697 Cr +31.0%
Depreciation ₹185 Cr ₹198 Cr ₹203 Cr +7.4%
Interest ₹16 Cr ₹13 Cr ₹14 Cr -20.0%
EBIT ₹1,895 Cr ₹2,397 Cr ₹2,385 Cr +26.5%
PBT ₹2,593 Cr ₹3,086 Cr ₹3,088 Cr +19.0%
Tax ₹288 Cr ₹139 Cr ₹317 Cr -51.5%
Net Profit ₹2,000 Cr ₹2,361 Cr ₹2,366 Cr +18.0%
EPS ₹72.15 ₹85.20 ₹85.39 +18.1%
Material Cost ₹3,312 Cr ₹1,876 Cr ₹4,186 Cr -43.3%
Employee Cost ₹428 Cr ₹200 Cr ₹433 Cr -53.1%
Extraordinary Items — ₹-114 Cr ₹-127 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 55555555 +0.0%
Reserves 5,7036,5577,5068,420 +12.2%
Borrowings 3761273037 +23.3%
Other Liabilities 1,7842,2312,5772,793 +8.4%
Total Liabilities 7,9198,97110,16811,304 +11.2%
Fixed Assets 2,2262,3022,3642,404 +1.7%
CWIP 41978577 -9.4%
Investments 1,4571,6421,4822,153 +45.3%
Other Assets 4,1944,9306,2386,670 +6.9%
Total Assets 7,9198,97110,16811,304 +11.2%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 8201,2851,6851,734 +2.9%
Cash from Investing Activity 87-248-58015 +102.6%
Cash from Financing Activity -687-1,134-1,168-1,495 -28.0%
Net Cash Flow 219-97-63254 +503.2%
Free Cash Flow 6651,0031,4551,487 +2.2%
CFO/OP 94%101%108%91% -15.7%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 75858083 +3.8%
Inventory Days 63605656 +0.0%
Days Payable 81898779 -9.2%
Cash Conversion Cycle 58564960 +22.4%
Working Capital Days 36484699 +115.2%
ROCE % 27%35%36%40% +11.1%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 51.00%51.00%51.00%51.00%51.00% +0.0%
FIIs 17.50%18.35%19.42%20.77%19.48% -6.2%
DIIs 22.53%21.73%20.60%19.43%20.82% +7.2%
Government 0.10%0.10%0.10%0.10%— —
Public 8.86%8.82%8.87%8.68%8.70% +0.2%
No. of Shareholders 1,59,6651,60,0271,66,2101,61,9931,66,036 +2.5%

⚖️ Peer comparison

Industry: Specialty Industrial Machinery · 23 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 BHEL Bharat Heavy ₹431.00 150,077 52.1 37,781 2,878 10.1% 7.6% 19.2% 199.6% 23.8% 118.9%
2 ABB ABB India ₹6,927.00 146,789 49.1 13,477 2,988 14.1% 22.2% 8.0% 57.9% 12.1% 2.9%
3 SIEMENS Siemens ₹3,957.00 140,917 46.9 14,754 3,007 9.8% 20.4% -26.3% -50.6% 8.4% 406.2%
4 CUMMINSIND Cummins India ₹5,070.00 140,540 59.4 12,662 2,366 20.4% 18.7% 16.4% 18.0% 19.8% 0.9%
5 GVT&D GE Vernova ₹4,548.10 116,453 89.2 6,712 1,305 26.2% 19.4% 44.6% 102.5% 38.1% 24.7%
6 SUZLON Suzlon Energy ₹44.12 60,646 19.2 17,429 3,144 17.3% 18.0% 53.9% 52.7% 22.8% -5.8%
7 AIAENG AIA Engineering ₹3,737.90 34,882 27.5 4,549 1,264 27.7% 27.8% 3.1% 19.8% 12.4% -1.4%
8 KIRLOSENG Kirloskar Oil ₹2,170.00 31,578 72.7 7,937 424 13.3% 5.3% 21.5% -5.1% 13.4% -20.1%
9 TDPOWERSYS TD Power ₹758.55 23,701 43.1 2,124 275 18.0% 12.9% 45.1% 37.0% 72.1% 72.6%
10 JYOTICNC Jyoti CNC ₹978.00 22,242 69.2 2,191 322 24.4% 14.7% 15.1% 6.4% 24.0% -20.0%
11 ELGIEQUIP Elgi Equipments ₹618.00 19,482 43.6 4,147 448 14.8% 10.8% 12.6% 22.8% 22.6% 20.7%
12 LMW LMW ₹17,845.00 19,064 109.1 3,374 175 6.5% 5.2% 6.5% 27.3% 24.0% 404.7%
13 TRITURBINE Triveni Turbine ₹540.80 17,192 51.1 2,253 336 19.0% 14.9% 8.9% -8.4% 19.3% -20.2%
14 KIRLOSBROS Kirloskar Brothers ₹1,790.00 14,214 38.1 4,664 377 11.7% 8.1% 1.0% -9.9% 12.9% -0.6%
15 KSB KSB ₹802.00 13,958 56.8 2,726 246 12.8% 9.0% 4.6% 1.6% 3.6% -18.3%
16 INOXWIND Inox Wind ₹76.50 13,221 33.3 4,209 418 19.5% 9.9% 23.5% 5.9% -22.7% -33.9%
17 TEGA Tega Industries ₹1,718.50 12,911 — 3,059 -0 7.6% -0.0% 3.3% -28.6% 383.9% -405.6%
18 SETL Standard Engineering ₹379.90 7,579 3.6 23,290 2,175 14.0% 9.3% — — 43.1% 26.6%
19 POWERICA Powerica ₹586.15 7,418 26.3 3,176 291 12.5% 9.2% — — 26.6% 25.5%
20 OMNI Omnitech Engineering ₹522.50 6,462 62.2 574 104 34.0% 18.1% — — 61.8% 494.5%
21 LCL Lohia ₹545.60 5,764 — — — — — — — 59.7% 289.8%
22 ADVAIT Advait Energy ₹2,070.00 2,264 38.5 775 62 12.3% 8.0% 79.0% 76.1% 51.4% 65.8%
23 HTEL Hy-Tech Engineers ₹74.25 704 — — — — — — — 13.4% 10.8%
❓ Frequently asked questions
What was Cummins India Limited's revenue in Q1 FY27?
Cummins India Limited reported revenue of ₹3,426 crore for the quarter ended June 2026 (Q1 FY27), up 19.8% from ₹2,859 crore in the same quarter last year, and up 13.8% sequentially over the March 2026 quarter.
What was Cummins India Limited's net profit in Q1 FY27?
Net profit rose 0.9% year-on-year to ₹609 crore, from ₹604 crore. Earnings per share (EPS) came in at ₹21.98.
What is CUMMINSIND's market capitalisation and P/E ratio?
At the current price of ₹4,608.00, CUMMINSIND has a market capitalisation of ₹127,734 crore and a trailing P/E of about 54.0.
Who owns Cummins India Limited? (shareholding pattern)
As of Sep 2026, promoters held 51.00%, foreign institutional investors (FIIs) 19.48%, domestic institutional investors (DIIs) 20.82%, public shareholders 8.70% of Cummins India Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI