Cummins India Peer Comparison

NSE: CUMMINSIND | BSE: 500480

₹4,654.50

₹-138.40 (-2.89%)

As on 15-Oct-2026 11:49IST

Market cap

₹1,30,102 Cr

Revenue (TTM)

₹12,662 Cr

P/E Ratio

P/B Ratio

14.5

Div. Yield

1.4 %

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	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Market cap (₹ Cr)	1,30,102	4,793	4,340	1,51,344	1,54,830
Revenue (₹ Cr)	12,662	3,665	2,243	87,197	37,782
Net Profit (₹ Cr)	2,076.32	20.60	212.76	4,034.00	2,815.58
Net Margin (%)	15.75	0.56	9.43	4.56	7.27
RoE (%)	29.91	10.31	44.83	47.02	10.88
Price to Earnings	54.96	48.02	20.40	36.11	53.79
Price-To-Book	14.46	3.37	9.21	9.93	5.79

Income Statement (₹ Cr)

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Operating Revenue	12,143.19	3,436.62	2,007.13	83,855.00	33,782.18
Total Income	12,662.10	3,486.61	2,025.82	85,079.00	40,784.27
Total Expenditure	9,549.85	3,197.52	1,735.99	76,338.00	37,404.83
EBITDA	2,593.34	239.10	271.14	7,517.00	-3,622.65
Depreciation	198.56	108.79	22.45	1,945.00	315.87
EBIT	2,394.78	130.31	248.69	5,572.00	-3,938.52
Interest	12.41	26.05	0.39	874.00	986.01
Other Income	518.91	49.99	18.68	1,224.00	7,002.09
Exceptional Items	-81.61	-39.34	-3.41	-1,428.00	--
Profit before Tax	3,085.95	114.91	263.57	4,663.00	2,138.61
Provision for Tax	724.20	79.62	67.26	1,633.00	538.35
Profit after Tax	2,361.75	35.29	196.31	3,030.00	1,600.26

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Shareholder's Funds	8,475.16	1,430.72	488.92	12,734.00	26,146.60
Minority Interest	--	83.30	--	--	--
Non-Current Liabilities	389.35	420.10	5.91	8,972.00	14,204.03
Current Liabilities	2,439.70	932.11	279.12	30,603.00	32,311.95
Total Liabilities	11,304.21	2,866.23	778.83	52,309.00	76,195.38

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Non-Current Assets	3,194.03	1,129.04	199.74	29,100.00	21,197.46
Current Assets	8,106.58	1,737.19	574.21	23,208.00	51,465.12
Total Assets	11,304.21	2,866.23	778.83	52,309.00	76,195.38
Total Debt*	0.00	326.06	0.00	4,817.00	7,950.00
Net Current Assets	5,666.88	805.08	295.09	-7,395.00	19,153.17
Contingent Liabilities	303.16	253.69	2.80	1,872.00	6,609.85

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Cash From Operating Activities	1,734.26	32.58	116.52	14,981.00	5,837.38
Cash Flow from Investing Activities	14.99	-99.46	22.09	-3,451.00	-3,035.41
Cash from Financing Activities	-1,495.05	122.78	-127.91	-5,223.00	-1,805.73
Net Cash Inflow / Outflow	254.20	55.90	10.70	6,307.00	996.24

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
ROCE (%)	38.64	8.77	58.13	31.55	9.24
ROE (%)	29.45	2.51	43.26	23.85	6.29
ROA (%)	22.00	1.31	27.21	5.79	2.34
EBIT Margin (%)	25.63	8.41	14.44	10.42	10.00
Net Margin (%)	18.65	1.01	9.69	3.56	3.92
Cash Profit Margin (%)	20.68	4.19	10.90	5.93	4.76

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Revenue Growth (%)	16.87	17.76	19.34	0.00	19.21
EBIT Growth (%)	23.16	51.84	18.92	--	81.24
Net Profit Growth (%)	18.09	661.94	18.27	0.00	199.73
EPS Growth (%)	18.09	83.15	18.25	0.00	199.73
Book Value Growth (%)	12.08	1.70	16.68	0.00	5.76

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Price / Earnings	52.82	26.23	20.46	47.93	53.43
Price / Book Value	14.72	1.98	8.22	11.43	3.27
Dividend Yield (%)	1.47	1.66	3.33	1.01	0.57
EV/EBITDA	39.32	8.90	13.44	16.27	24.14
Market Cap (₹ Cr)	1,24,749.42	2,809.78	4,016.28	1,45,211.70	85,502.70

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Debt to Equity	0.00	0.23	0.00	0.38	0.30
Short term debt to equity ratio	--	0.04	--	0.05	0.30
Current Ratio	3.32	1.86	2.06	0.76	1.59
Quick Ratio	2.84	1.53	1.79	0.58	1.18
Interest Coverage	249.67	5.41	670.47	6.34	3.17

	Cummins India	Greaves Cotton	Swaraj Engines	Tata Motors	Bharat Heavy Elect
Debtors to sales (%)	22.68	10.03	10.27	3.24	20.12
Asset Turnover	1.15	1.27	2.78	1.60	0.59
Receivable days	74.19	36.07	34.86	11.84	57.53
Inventory Days	32.03	34.51	13.93	23.71	105.27
Payable days	76.56	87.40	54.54	86.75	219.46
Cash Conversion Cycle	29.65	-16.82	-5.75	-51.20	-56.66

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.