Analyst Rating
based on 23 analysts
37.50%
Buy
29.17%
Hold
33.33%
Sell
Based on 23 analysts offering long term price targets for Cummins India Ltd. An average target of ₹3538.78
Source: S&P Global Market Intelligence
Cummins India Ltd Share analysis
Cummins India Ltd price forecast by 23 analysts
Downside of
High
₹4658
Target
₹3538.78
Low
₹2170
Cummins India Ltd target price ₹3538.78, a slight downside of -5.98% compared to current price of ₹3727.8. According to 23 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Cummins India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:32.63%
Forecast
Actual
Including amortisation and stock based compensations
Cummins India Ltd EPS growth forecast
EPS estimate Q1, FY2026:24.34%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹3,610.6₹3,827.1552 Week's Low
52 Week's High
₹1,653.3₹4,171.9
| Returns % | |
| 1 Month Return | + 0.24 % |
| 3 Month Return | -0.73 % |
| 1 Year Return | + 117.78 % |
| Market Stats | |
| Previous Close | ₹3,764.00 |
| Open | ₹3,800.00 |
| Volume | 5.14L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,04,338.08Cr |
Key Statistics
| P/E Ratio | 57.03 |
| PEG Ratio | 3.55 |
| Market Cap | ₹1,04,338.08 Cr |
| P/B Ratio | 13.53 |
| EPS | 62.07 |
| Dividend Yield | 1.26 |
| Sector | Capital Goods-Non Electrical Equipment |
| ROE | 28.8 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,04,338.08 Cr | 112.48% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹40,621.43 Cr | 33.74% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| ₹92,379.14 Cr | 91.94% | 0.71 | ₹282 Cr | ₹23,892 Cr | ||
| HOLD | ₹1,64,975.97 Cr | 110.96% | 0.51 | NA | NA | |
| HOLD | ₹50,942.43 Cr | 38.56% | 0.51 | ₹545 Cr | ₹5,641 Cr |
Company Information
Cummins India Ltd. has a number of popular products, including the Cummins B Series, K Series, and ISB engines. Its popular brands include Cummins, Fleetguard, and Valvoline. Its engines are used in a variety of vehicles, including buses, trucks, and cars. Its power generation solutions are used in a variety of industries, such as healthcare, hospitality, and education. Its filtration solutions are used in a variety of industries, such as automotive, marine, and agriculture.
Share Price: ₹3727.80 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,04,338.08Cr as of today
Revenue: ₹2,273.87Cr as on June 2024 (Q2 24)
Net Profit: ₹462.61Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Jennifer Mary Bush
| Organisation | Cummins India Ltd |
| Headquarters | |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for Cummins India Ltd
Cummins India Reports Strong Financial Performance in FY24 - 01 Sep, 2024
Cummins India Ltd showed significant financial improvement in FY24, with a reduced debt-to-equity ratio, increased operating and net profit margins, and a 16% revenue growth. Net profit surged by 46%, reaching ₹1,661 crore. However, shares traded at ₹3,732, down 0.07%.
Cummins India Appoints New Vice President - 31 Aug, 2024
Cummins India has appointed Pankaj Kapoor as the new Vice President of Distribution Business, effective September 01, 2024. Kapoor brings nearly 30 years of experience from various companies and holds a Mechanical Engineering degree and an MBA.
Shveta Arya Appointed Managing Director of Cummins India - 13 Aug, 2024
Cummins India has appointed Shveta Arya as Managing Director, effective September 1, 2024. She will replace Ashwath Ram, who will continue until August 31, 2024.
Cummins India Maintains Buy Rating with Target of Rs 4300 - 12 Aug, 2024
Cummins India Ltd reported strong domestic sales growth of 12% and maintained a positive outlook with a target price of Rs 4,300. The company expects revenue growth to double GDP growth, driven by demand in various sectors and improved margins from higher value gensets.
Cummins India Reports Strong Revenue Growth - 09 Aug, 2024
Cummins India Ltd achieved 4% YoY revenue growth, driven by a 15% increase in the 2W business and strong aftermarket demand. The non-mobility segment also grew by 6%, with building technologies revenue up 19%. The company anticipates continued growth in the 2W segment due to BS VI OBD 2 norms and aims to enhance export competitiveness through localization.
Cummins India Reports Mixed Q1 Results and Outlook - 08 Aug, 2024
Cummins India reported a 33% increase in Q1FY25 net profit. Brokerages have mixed views on future margins, with HSBC maintaining a buy rating and a target price of Rs 4,200. However, concerns over weak exports and margin sustainability persist, with some brokerages lowering their target prices significantly.
Cummins India Reports Strong Q1 Earnings and Stock Surge - 07 Aug, 2024
Cummins India shares surged following a 33% YoY profit increase to Rs 419.8 crore in Q1 FY25. Nomura maintains a Neutral rating with a target price of Rs 3,470.
Cummins India Reports Strong Q1 Earnings Growth - 06 Aug, 2024
Cummins India reported a 33% YoY increase in net profit to ₹419.8 crore for Q1 FY24, driven by robust domestic demand. However, results missed analyst estimates. The company also announced the appointment of Shveta Arya as managing director designate, effective August 8, 2024.
Insights on Cummins India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, CUMMINSIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts
- POSITIVE IMPACT
Price Rise
In the last 1 year, CUMMINSIND stock has moved up by 117.8%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 17.36% to 17.95% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, CUMMINSIND has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 8.63% to 8.66% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 51.00% of holdings in Jun 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 538.86 Cr → 462.61 Cr (in ₹), with an average decrease of 14.2% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 18.62% to 17.82% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 2.69K Cr → 2.48K Cr (in ₹), with an average decrease of 3.9% per quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51% | 0.00 | |
| Foreign Institutions | 17.95% | 3.39 | |
| Mutual Funds | 17.82% | ||
| Retail Investors | 8.66% | 0.32 | |
| Others | 4.57% | 4.23 |
Key Indicators
Cummins India Ltd Valuation
Cummins India Ltd in the last 5 years
Lowest (11.28x)
April 7, 2020
Today (57.03x)
September 18, 2024
Industry (70.15x)
September 18, 2024
Highest (66.12x)
June 27, 2024
Earnings and Dividends
Cummins India Ltd Earnings Results
Cummins India Ltd’s net profit jumped 30.78% since last year same period to ₹462.61Cr in the Q1 2024-2025. On a quarterly growth basis, Cummins India Ltd has generated -14.15% fall in its net profits since last 3-months.
Read More about Earnings ResultsCummins India Ltd Dividends May,2024
In the quarter ending March 2024, Cummins India Ltd has declared dividend of ₹20 - translating a dividend yield of 1.01%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Cummins India Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Cummins India Ltd (CUMMINSIND) share price today is ₹3727.8
Cummins India Ltd is listed on NSE
Cummins India Ltd is listed on BSE
- Today’s highest price of Cummins India Ltd is ₹3827.15.
- Today’s lowest price of Cummins India Ltd is ₹3610.6.
PE Ratio of Cummins India Ltd is 57.03
PE ratio = Cummins India Ltd Market price per share / Cummins India Ltd Earnings per share
Today’s traded volume of Cummins India Ltd(CUMMINSIND) is 5.14L.
Today’s market capitalisation of Cummins India Ltd(CUMMINSIND) is ₹104338.08Cr.
| Cummins India Ltd(CUMMINSIND | Price |
|---|---|
52 Week High | ₹4171.9 |
52 Week Low | ₹1653.3 |
Cummins India Ltd(CUMMINSIND) share price is ₹3727.8. It is down -10.65% from its 52 Week High price of ₹4171.9
Cummins India Ltd(CUMMINSIND) share price is ₹3727.8. It is up 125.48% from its 52 Week Low price of ₹1653.3
| Cummins India Ltd(CUMMINSIND | Returns |
|---|---|
1 Day Returns | -36.2% |
1 Month Returns | 0.24% |
3 Month Returns | -0.73% |
1 Year Returns | 117.78% |