CUMMINS INDIA LTD (CUMMINSIND) financials

CUMMINS INDIA LTD (CUMMINSIND) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Cummins India Ltd is a part of the Cummins Inc. Group USA. It designs, manufactures, distributes and services diesel and alternative fuel engines from 2.8 to 100 liters, diesel and alternative-fueled power generator sets of up to 3000 kW (3750 kVA), as well as related components and technology.[1]

Market Cap: ₹1,27,734Cr.
Current Price: ₹4,608
Stock P/E: 54.2
ROE: 31.8%
ROCE: 41.6%
Book Value: ₹285
Dividend Yield: 1.43%
52W High / Low: ₹6,143/3,883

In Jun 2026, CUMMINS INDIA LTD (CUMMINSIND) reported sales ₹3,426 Cr and net profit ₹543 Cr.

Annual TTM: sales ₹12,662 Cr, net profit ₹2,284 Cr.

Shareholding: Promoters 51.00% (Sep 2026), FIIs 19.47% (Sep 2026), DIIs 20.82% (Sep 2026), Government 0.00% (Sep 2026), Public 8.70% (Sep 2026).

CUMMINSIND quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	2,492	3,086	2,457	2,907	3,170	3,055	3,011	3,426
Expenses	2,011	2,486	1,937	2,283	2,475	2,420	2,369	2,810
Operating Profit	481	600	520	624	695	634	642	616
OPM %	19%	19%	21%	21%	22%	21%	21%	18%
Other Income	161	121	212	197	196	13	264	161
Interest	3	3	5	3	3	5	2	4
Depreciation	45	48	46	48	49	50	51	53
Profit before tax	594	670	681	770	839	593	852	721
Tax %	24%	23%	23%	23%	24%	24%	24%	25%
Net Profit	451	514	521	589	638	453	650	543
EPS in Rs	16.26	18.54	18.81	21.26	23.00	16.35	23.45	19.59
Raw PDF	—	—	—	—	—	—	—	—

CUMMINSIND profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	5,158	4,329	6,140	7,744	8,959	10,339	12,143	12,662
Expenses	4,567	3,729	5,260	6,502	7,197	8,271	9,548	10,075
Operating Profit	590	600	880	1,243	1,761	2,068	2,595	2,588
OPM %	11%	14%	14%	16%	20%	20%	21%	20%
Other Income	308	349	425	406	566	626	670	635
Interest	20	16	12	16	27	15	12	14
Depreciation	119	126	134	140	158	183	199	203
Profit before tax	759	808	1,159	1,492	2,143	2,496	3,054	3,005
Tax %	17%	24%	24%	24%	23%	24%	24%	—
Net Profit	629	618	887	1,130	1,661	1,906	2,330	2,284
EPS in Rs	22.70	22.29	31.99	40.76	59.91	68.75	84.06	82.39
Dividend Payout %	62%	67%	58%	61%	63%	75%	79%	—

CUMMINSIND balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	55	55	55	55	55	55	55	55
Reserves	4,075	4,120	4,351	4,797	5,313	6,108	6,963	7,842
Borrowings	309	504	33	412	373	120	30	37
Other Liabilities	1,414	1,275	1,257	1,540	1,771	2,215	2,558	2,793
Total Liabilities	5,854	5,954	5,697	6,805	7,512	8,498	9,606	10,727
Fixed Assets	2,013	2,264	2,185	2,204	2,222	2,295	2,364	2,383
CWIP	159	80	128	61	41	97	85	98
Investments	285	824	369	615	1,085	1,215	957	1,576
Other Assets	3,397	2,786	3,015	3,925	4,164	4,891	6,200	6,670
Total Assets	5,854	5,954	5,697	6,805	7,512	8,498	9,606	10,727

CUMMINSIND cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	550	599	788	707	811	1,280	1,686	1,734
Cash from Investing Activity	16	-202	25	-574	87	-247	-577	26
Cash from Financing Activity	-523	-411	-872	-77	-684	-1,133	-1,166	-1,495
Net Cash Flow	43	-14	-60	56	214	-100	-57	265
Free Cash Flow	277	362	674	778	657	999	1,469	1,487
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	91%	129%	145%	109%	94%	101%	109%	91%

CUMMINSIND shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%
FIIs	18.09%	17.21%	17.50%	18.35%	19.42%	20.77%	21.19%	19.47%
DIIs	21.80%	22.84%	22.53%	21.73%	20.60%	19.43%	19.06%	20.82%
Government	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.00%
Public	9.00%	8.85%	8.86%	8.82%	8.87%	8.68%	8.65%	8.70%
No. of Shareholders	1,77,228	1,62,496	1,59,665	1,60,027	1,66,210	1,61,993	1,73,450	1,66,036

CUMMINSIND key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	82	80	91	74	75	85	81	83
Inventory Days	63	62	74	65	62	59	57	56
Days Payable	83	75	96	89	80	89	87	79
Cash Conversion Cycle	62	67	68	50	57	55	51	60
Working Capital Days	58	40	71	39	36	48	46	53
ROCE %	24%	17%	19%	21%	27%	36%	38%	42%

CUMMINSINDUpdated 19 Oct 2026, 5:19

Cummins India Ltd

CUMMINSINDUpdated 19 Oct 2026, 5:19

Market Cap

₹1,27,734Cr.

Current Price

₹4,608

High / Low

₹6,143/3,883

Stock P/E

54.2

ROE31.8%

ROCE41.6%

Book Value₹285

Face Value₹2.00

Dividend Yield1.43%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	2209	8	1868	117	36	415	24	316	11.39
Sep 2023	1900	7	1561	132	38	426	23	329	11.85
Dec 2023	2534	6	1996	112	42	602	24	455	16.41
Mar 2024	2316	6	1772	204	42	701	20	562	20.26
Jun 2024	2304	5	1837	132	44	551	24	420	15.14
Sep 2024	2492	3	2011	161	45	594	24	451	16.26
Dec 2024	3086	3	2486	121	48	670	23	514	18.54
Mar 2025	2457	5	1937	212	46	681	23	521	18.81
Jun 2025	2907	3	2283	197	48	770	23	589	21.26
Sep 2025	3170	3	2475	196	49	839	24	638	23
Dec 2025	3055	5	2420	13	50	593	24	453	16.35
Mar 2026	3011	2	2369	264	51	852	24	650	23.45
Jun 2026	3426	4	2810	161	53	721	25	543	19.59

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	4406	1	3674	287	80	937	16	786	28.35
Mar 2016	4709	10	3934	226	81	910	17	754	27.21
Mar 2017	5077	17	4276	208	85	908	19	735	26.5
Mar 2018	5082	15	4345	279	94	908	22	708	25.56
Mar 2019	5659	16	4795	293	110	1030	30	723	26.07
Mar 2020	5158	20	4567	308	119	759	17	629	22.7
Mar 2021	4329	16	3729	349	126	808	24	618	22.29
Mar 2022	6140	12	5260	425	134	1159	24	887	31.99
Mar 2023	7744	16	6502	406	140	1492	24	1130	40.76
Mar 2024	8959	27	7197	566	158	2143	23	1661	59.91
Mar 2025	10339	15	8271	626	183	2496	24	1906	68.75
Mar 2026	12143	12	9548	670	199	3054	24	2330	84.06
TTM	12662	14	10075	635	203	3005	—	2284	82.39

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	51%
FIIs	19.47%
DIIs	20.82%
Public	8.7%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	51%	16.51%	23.36%	0.2%	8.93%
Mar 2024	51%	17.36%	22.86%	0.14%	8.63%
Jun 2024	51%	17.95%	22.24%	0.14%	8.66%
Sep 2024	51%	17.5%	22.5%	0.11%	8.89%
Dec 2024	51%	18.09%	21.8%	0.1%	9%
Mar 2025	51%	17.21%	22.84%	0.1%	8.85%
Jun 2025	51%	17.5%	22.53%	0.1%	8.86%
Sep 2025	51%	18.35%	21.73%	0.1%	8.82%
Dec 2025	51%	19.42%	20.6%	0.1%	8.87%
Mar 2026	51%	20.77%	19.43%	0.1%	8.68%
Jun 2026	51%	21.19%	19.06%	0.1%	8.65%
Sep 2026	51%	19.47%	20.82%	0%	8.7%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	55	2831	0	1435	4322	1234	171	465	2452	4322
Mar 2016	55	3426	0	1009	4490	1289	519	334	2348	4490
Mar 2017	55	3687	251	1048	5041	1500	463	707	2370	5041
Mar 2018	55	3931	252	1294	5531	2019	38	549	2925	5531
Mar 2019	55	4075	309	1414	5854	2013	159	285	3397	5854
Mar 2020	55	4120	504	1275	5954	2264	80	824	2786	5954
Mar 2021	55	4351	33	1257	5697	2185	128	369	3015	5697
Mar 2022	55	4797	412	1540	6805	2204	61	615	3925	6805
Mar 2023	55	5313	373	1771	7512	2222	41	1085	4164	7512
Mar 2024	55	6108	120	2215	8498	2295	97	1215	4891	8498
Mar 2025	55	6963	30	2558	9606	2364	85	957	6200	9606
Mar 2026	55	7842	37	2793	10727	2383	98	1576	6670	10727

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	498	-56	-423	19
Mar 2016	692	-214	-468	10
Mar 2017	746	-482	-225	39
Mar 2018	634	-133	-473	29
Mar 2019	550	16	-523	43
Mar 2020	599	-202	-411	-14
Mar 2021	788	25	-872	-60
Mar 2022	707	-574	-77	56
Mar 2023	811	87	-684	214
Mar 2024	1280	-247	-1133	-100
Mar 2025	1686	-577	-1166	-57
Mar 2026	1734	26	-1495	265

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	78	73	69	95	82	80	91	74	75	85	81	83
Inventory Days	92	74	63	60	63	62	74	65	62	59	57	56
Days Payable	81	69	68	85	83	75	96	89	80	89	87	79
Cash Conversion Cycle	88	78	64	71	62	67	68	50	57	55	51	60
Working Capital Days	56	78	48	57	58	40	71	39	36	48	46	53
ROCE %	31%	29%	25%	21%	24%	17%	19%	21%	27%	36%	38%	42%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of CUMMINS INDIA LTD (CUMMINSIND)?

The reported market capitalisation for CUMMINS INDIA LTD (CUMMINSIND) is ₹1,27,734Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of CUMMINSIND?

The current price shown for CUMMINS INDIA LTD (CUMMINSIND) on Fincrux is ₹4,608 with a 52-week high/low of ₹6,143/3,883.

What is the P/E ratio of CUMMINS INDIA LTD (CUMMINSIND)?

The stock P/E for CUMMINS INDIA LTD (CUMMINSIND) is 54.2 on Fincrux, with ROE at 31.8% and ROCE at 41.6%.

What were CUMMINSIND latest quarterly results?

For Jun 2026, CUMMINS INDIA LTD (CUMMINSIND) reported sales ₹3,426 Cr and net profit ₹543 Cr (figures in ₹ crore unless noted).

What are CUMMINSIND annual sales and net profit?

For TTM, CUMMINS INDIA LTD (CUMMINSIND) shows sales of ₹12,662 Cr and net profit of ₹2,284 Cr on the Fincrux profit & loss statement.

Who owns CUMMINS INDIA LTD (CUMMINSIND)?

Latest shareholding for CUMMINS INDIA LTD (CUMMINSIND) on Fincrux: Promoters 51.00% (Sep 2026), FIIs 19.47% (Sep 2026), DIIs 20.82% (Sep 2026), Government 0.00% (Sep 2026), Public 8.70% (Sep 2026).

Where can I find CUMMINS INDIA LTD (CUMMINSIND) financials?

CUMMINS INDIA LTD (CUMMINSIND) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show CUMMINSIND balance sheet and cash flow?

Yes. The CUMMINS INDIA LTD (CUMMINSIND) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 19 October 2026 at 5:19