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Cummins India Key Ratios

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NSE: CUMMINSIND | BSE: 500480

₹5,045.50

up-down-arrow ₹83.00 (1.67%)

As on 23-Sep-2026 14:29IST

Market cap

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₹1,39,598 Cr

Revenue (TTM)

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₹12,662 Cr

P/E Ratio

info icon

59

P/B Ratio

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15.5

Div. Yield

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1.3 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 13.78 17.86 15.30 15.14 20.17
EBIT -4.65 -2.08 16.79 24.65 31.76
Net Profit -2.05 2.69 14.89 20.94 27.70
EPS -6.18 0.89 10.55 19.60 23.35
Book Value -- -- 12.08 13.75 12.75
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 18.6016.4118.8319.7218.23
Net Margin info 17.6417.0415.7518.6518.45
Return on equity info 29.6525.4229.9129.4528.22
Return on Capital info 38.3932.30--38.6436.55
Return on Assets info 21.5718.7819.3422.0020.90
Debt to Equity (x) info ----0.000.000.00

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
38.64
36.55
34.82
27.60
Peer Median
--
27.94
44.34
65.51
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

29.91

Higher than Peers by 3.63

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
29.91
29.45
28.22
27.82
22.53
Peer Median
26.28
20.43
32.88
57.55
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

19.34

Higher than Peers by 4.06

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
19.34
22.00
20.90
20.38
16.34
Peer Median
15.28
11.93
6.25
20.43
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

18.83

Higher than Peers by 6.22

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
18.83
19.72
18.23
17.88
14.21
Peer Median
12.61
11.16
13.71
12.72
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

15.75

Higher than Peers by 5.40

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
15.75
18.65
18.45
18.34
15.20
Peer Median
10.35
9.45
17.12
11.31
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
20.68
20.60
20.55
17.21
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

15.30

Lower than Peers by 6.14

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
15.30
16.87
15.45
15.80
25.95
Peer Median
21.44
21.42
21.24
15.40
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

16.79

Higher than Peers by 0.32

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
16.79
26.40
17.70
45.75
48.98
Peer Median
16.46
17.08
-10.63
14.01
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

14.89

Lower than Peers by 0.45

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
14.89
18.09
16.24
40.10
31.53
Peer Median
15.33
23.99
-7.20
9.39
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

10.55

Lower than Peers by 8.07

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
10.55
18.09
16.24
40.10
31.53
Peer Median
18.63
23.39
-40.60
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
12.08
14.35
14.83
11.92
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

--

--

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
--
--
0.02
0.06
Peer Median
0.00
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
--
--
0.02
0.06
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

3.32

Higher than Peers by 1.60

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
3.32
3.32
3.10
2.89
2.70
Peer Median
1.72
1.91
1.14
1.44
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

2.85

Higher than Peers by 1.49

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
2.85
2.84
2.65
2.43
2.22
Peer Median
1.35
1.53
1.02
1.35
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

205.78

Lower than Peers by 15.90

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
205.78
249.67
164.58
81.46
98.99
Peer Median
221.68
67.24
166.29
36.57
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

21.75

Higher than Peers by 2.29

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
21.75
22.68
21.92
23.17
20.55
Peer Median
19.46
22.81
9.12
19.07
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

1.18

Lower than Peers by 0.34

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
1.18
1.15
1.11
1.08
1.06
Peer Median
1.52
1.28
0.40
1.57
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
74.19
75.07
73.46
65.44
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
32.03
33.61
36.97
37.61
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
76.56
82.35
80.90
75.10
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
--
29.65
26.33
29.52
27.95
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

58.97

Lower than Peers by 53.83

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
58.97
52.82
42.27
48.46
36.77
Peer Median
112.80
112.80
48.87
75.42
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

15.52

Lower than Peers by 1.64

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
15.52
14.72
11.18
12.61
7.84
Peer Median
17.16
17.16
12.68
35.58
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

1.31

Higher than Peers by 1.16

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
1.31
1.47
1.69
1.26
1.53
Peer Median
0.15
0.15
0.66
0.18
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

44.15

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
44.15
39.32
32.46
38.17
28.36
Peer Median
--
96.79
68.62
117.38
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

1,39,598

Lower than Peers by 1,406

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Cummins India
1,39,598
1,24,749
84,546
83,381
45,159
Peer Median
1,41,004
1,41,004
1,06,030
1,07,623
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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