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NSE Close — 28 Sep 2026
₹4,855.0
Change
-90.0 (-1.82%)
Open
₹4,940.0
Prev. Close
₹4,945.0
Day High
₹4,940.0
Day Low
₹4,820.0
Volume Analysis
Traded
469,449
Delivered
324,615
Delivery %
69.15%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Strong return on equity (30.2%)
- •Strong operating margin (20.0%)
Weaknesses (0)
No signal for this stock
Opportunities (3)
- •Strong 3-year EPS growth (24.4%)
- •Strong 3-year revenue growth (16.0%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹5,043.34 | ₹4,991.67 | ₹4,923.34 | ₹4,871.67 | ₹4,803.34 | ₹4,751.67 | ₹4,683.34 |
| Fibonacci | ₹4,991.67 | ₹4,945.83 | ₹4,917.51 | ₹4,871.67 | ₹4,825.83 | ₹4,797.51 | ₹4,751.67 |
| Camarilla | ₹4,888.0 | ₹4,877.0 | ₹4,866.0 | ₹4,871.67 | ₹4,844.0 | ₹4,833.0 | ₹4,822.0 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+8.6%
1 Week
-2.17%
1 Month
-6.51%
3 Months
-14.27%
6 Months
+4.49%
1 Year
+21.55%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹765.9
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
26.6%
Net margin 18.69% × asset turnover 1.07x × equity multiplier 1.33x
Company Overview
Sector
Capital Goods
Market Cap
₹134,282 Cr
P/E (TTM)
55.0
ROE
30.2%
Book Value
₹306.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 28 Sep 2026. Not investment advice.
TopFund Analysis
Cummins India Ltd holds up reasonably well on TopFund's composite fundamentals check within the Capital Goods sector, at 72/100. The strongest factor is Financial Strength (100/100), while Valuation (5/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (30.2%); strong operating margin (20.0%). Strong 3-year EPS growth (24.4%).
TopFund Score — Fundamentals Quality
72/100 — GoodData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 28 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Company has delivered good profit growth of 30.8% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 28.8%
- +Company has been maintaining a healthy dividend payout of 70.0%
- −Stock is trading at 15.9 times its book value
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Final dividend withheld for FY 2025-26 on KYC-noncompliant folios and incorrect bank details.
Newspaper publication of Notice of Postal Ballot and E-voting information.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,218 | 1,922 | 2,541 | 2,319 | 2,316 | 2,509 | 3,096 | 2,470 | 2,907 | 3,170 | 3,055 | 3,011 | 3,426 |
| Expenses + | 1,876 | 1,575 | 1,999 | 1,781 | 1,842 | 2,025 | 2,499 | 1,945 | 2,283 | 2,475 | 2,420 | 2,369 | 2,810 |
| Operating Profit | 342 | 346 | 543 | 539 | 473 | 484 | 598 | 525 | 624 | 695 | 634 | 642 | 616 |
| OPM % | 15.0% | 18.0% | 21.0% | 23.0% | 20.0% | 19.0% | 19.0% | 21.0% | 21.0% | 22.0% | 21.0% | 21.0% | 18.0% |
| Other Income + | 155 | 128 | 153 | 186 | 171 | 157 | 168 | 217 | 212 | 181 | 46 | 263 | 227 |
| Interest | 8 | 7 | 6 | 6 | 5 | 3 | 3 | 5 | 3 | 3 | 5 | 2 | 4 |
| Depreciation | 36 | 38 | 42 | 42 | 44 | 45 | 49 | 46 | 48 | 49 | 50 | 51 | 53 |
| Profit before tax | 453 | 429 | 647 | 676 | 595 | 594 | 714 | 690 | 785 | 824 | 626 | 852 | 787 |
| Tax % | 22.0% | 23.0% | 23.0% | 20.0% | 22.0% | 24.0% | 22.0% | 23.0% | 23.0% | 24.0% | 22.0% | 24.0% | 23.0% |
| Net Profit + | 354 | 329 | 499 | 539 | 463 | 449 | 558 | 530 | 604 | 622 | 486 | 649 | 609 |
| EPS in Rs | 13 | 12 | 18 | 19 | 17 | 16 | 20 | 19 | 22 | 22 | 18 | 23 | 22 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4,916 | 4,720 | 5,106 | 5,112 | 5,697 | 5,191 | 4,360 | 6,171 | 7,772 | 9,000 | 10,391 | 12,143 | 12,662 |
| Expenses + | 4,101 | 3,945 | 4,302 | 4,374 | 4,828 | 4,598 | 3,757 | 5,288 | 6,524 | 7,231 | 8,311 | 9,548 | 10,075 |
| Operating Profit | 815 | 775 | 805 | 738 | 869 | 593 | 603 | 883 | 1,248 | 1,770 | 2,080 | 2,595 | 2,588 |
| OPM % | 17.0% | 16.0% | 16.0% | 14.0% | 15.0% | 11.0% | 14.0% | 14.0% | 16.0% | 20.0% | 20.0% | 21.0% | 20.0% |
| Other Income + | 208 | 116 | 141 | 298 | 328 | 356 | 366 | 472 | 502 | 622 | 714 | 702 | 717 |
| Interest | 2 | 10 | 17 | 15 | 17 | 21 | 17 | 12 | 16 | 27 | 16 | 12 | 14 |
| Depreciation | 86 | 81 | 85 | 94 | 111 | 121 | 127 | 136 | 142 | 159 | 185 | 199 | 203 |
| Profit before tax | 935 | 799 | 843 | 927 | 1,069 | 807 | 825 | 1,207 | 1,591 | 2,205 | 2,593 | 3,086 | 3,088 |
| Tax % | 19.0% | 21.0% | 22.0% | 23.0% | 31.0% | 13.0% | 23.0% | 23.0% | 23.0% | 22.0% | 23.0% | 23.0% | — |
| Net Profit + | 772 | 721 | 736 | 712 | 743 | 706 | 635 | 934 | 1,228 | 1,721 | 2,000 | 2,362 | 2,367 |
| EPS in Rs | 28 | 26 | 27 | 26 | 27 | 25 | 23 | 34 | 44 | 62 | 72 | 85 | 85 |
| Dividend Payout % | 50.0% | 54.0% | 53.0% | 58.0% | 63.0% | 55.0% | 65.0% | 55.0% | 56.0% | 61.0% | 71.0% | 77.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 3,033 | 3,553 | 3,816 | 4,063 | 4,228 | 4,347 | 4,596 | 5,090 | 5,703 | 6,557 | 7,506 | 8,420 |
| Borrowings + | 3 | 3 | 252 | 257 | 313 | 512 | 40 | 418 | 376 | 127 | 30 | 37 |
| Other Liabilities + | 1,508 | 1,051 | 1,091 | 1,339 | 1,465 | 1,282 | 1,265 | 1,549 | 1,784 | 2,231 | 2,577 | 2,793 |
| Total Liabilities | 4,599 | 4,662 | 5,214 | 5,715 | 6,060 | 6,196 | 5,956 | 7,112 | 7,919 | 8,971 | 10,168 | 11,304 |
| Fixed Assets + | 1,307 | 1,291 | 1,502 | 2,021 | 2,015 | 2,270 | 2,189 | 2,209 | 2,226 | 2,302 | 2,364 | 2,383 |
| CWIP | 171 | 519 | 463 | 39 | 159 | 80 | 128 | 61 | 41 | 97 | 85 | 98 |
| Investments | 536 | 489 | 862 | 708 | 468 | 1,038 | 599 | 892 | 1,457 | 1,642 | 1,482 | 2,153 |
| Other Assets + | 2,585 | 2,364 | 2,387 | 2,947 | 3,418 | 2,809 | 3,041 | 3,951 | 4,194 | 4,930 | 6,238 | 6,670 |
| Total Assets | 4,599 | 4,662 | 5,214 | 5,715 | 6,060 | 6,196 | 5,956 | 7,112 | 7,919 | 8,971 | 10,168 | 11,304 |
| Equity Capital | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 589 | 696 | 748 | 632 | 553 | 601 | 789 | 712 | 820 | 1,285 | 1,683 | 1,734 |
| Cash from Investing Activity + | -146 | -215 | -483 | -134 | 15 | -202 | 25 | -574 | 87 | -248 | -578 | 26 |
| Cash from Financing Activity + | -444 | -471 | -226 | -470 | -525 | -412 | -873 | -82 | -687 | -1,134 | -1,168 | -1,495 |
| Net Cash Flow | -1 | 10 | 39 | 28 | 43 | -14 | -60 | 56 | 219 | -97 | -63 | 265 |
| CFO/OP | 98 | 112 | 116 | 110 | 91 | 129 | 145 | 109 | 94 | 101 | 109 | 91 |
| Free Cash Flow | 251 | 205 | 516 | 540 | 279 | 364 | 675 | 782 | 665 | 1,003 | 1,465 | 1,487 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 10.36% | 8.93% | 8.63% | 8.66% | 8.89% | 9.0% | 8.85% | 8.86% | 8.82% | 8.87% | 8.68% | 8.65% |
| Promoters | 51.0% | 51.0% | 51.0% | 51.0% | 51.0% | 51.0% | 51.0% | 51.0% | 51.0% | 51.0% | 51.0% | 51.0% |
| Government | 0.2% | 0.2% | 0.14% | 0.14% | 0.11% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| FII | 16.45% | 16.51% | 17.36% | 17.95% | 17.5% | 18.09% | 17.21% | 17.5% | 18.35% | 19.42% | 20.77% | 21.19% |
| DII | 21.97% | 23.36% | 22.86% | 22.24% | 22.5% | 21.8% | 22.84% | 22.53% | 21.73% | 20.6% | 19.43% | 19.06% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Cummins India Ltd (this stock) | 134,282 | 55.0 | 15.87 | 30.2% |
| Cg Power And Ind Sol Ltd | 136,293 | 107.0 | 17.09 | 20.5% |
| Siemens Ltd | 138,068 | 91.8 | 9.97 | 19.2% |
| Polycab India Limited | 126,713 | 44.2 | 10.54 | 23.0% |
| BHEL | 143,375 | 58.9 | 5.49 | 6.23% |
| ABB India Limited | 151,069 | 98.0 | 16.17 | 22.4% |
| Ge Vernova T&d India Ltd | 110,093 | 590.0 | 102.41 | 18.6% |
Which Mutual Funds Hold Cummins India Ltd?
Frequently Asked Questions about Cummins India Ltd
Cummins India Ltd (CUMMINSIND) closed at ₹4,855.0 on NSE on 28 September 2026, down 90.0 (1.82%) from the previous close.
Cummins India Ltd trades on the NSE (National Stock Exchange of India) under the symbol CUMMINSIND.
Cummins India Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 55.0.
Cummins India Ltd has a dividend yield of 1.36%.
Cummins India Ltd's 52-week high is ₹6,143.0 and its 52-week low is ₹3,803.0.
Cummins India Ltd has a market capitalisation of ₹134,282 crore.
Cummins India Ltd has a TopFund Quality Score of 72/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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