Cummins India Share PriceCummins India

₹1725.35
-19.3 (-1.11%)
  • Advice
  • Hold
As on 23 September, 2023 | 23:13 BSE: 500480 NSE: CUMMINSINDISIN: INE298A01020

Cummins India Performance

Day Range

  • Low 1717.6
  • High 1756.85
1725.35

52 Week Range

  • Low 1150
  • High 1980.15
1725.35
  • Open Price1756.85
  • Previous Close1744.65
  • Volume418784

Start SIP in Cummins India

Start SIP

Cummins India Share Price

  • Over 1 Month -1.59%
  • Over 3 Month -6.45%
  • Over 6 Month 6.99%
  • Over 1 Year 37.54%

Cummins India Key Statistics

P/E Ratio 34.6
PEG Ratio 0.6
Market Cap Cr 47,827
Price to Book Ratio 8.3
EPS 39.9
Dividend 1.4
Relative Strength Index 45.07
Money Flow Index 66.73
MACD Signal -16.44
Average True Range 37.89

Cummins India Investment Rating

  • Master Rating:
  • Cummins India (Nse) has an operating revenue of Rs. 8,294.42 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 18% is great, ROE of 21% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 91 which is a GREAT score indicating consistency in earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 168 indicates it belongs to a poor industry group of Trucks & Parts-Hvy Duty and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Cummins India Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,1751,8892,1811,9221,6571,469
Operating Expenses Qtr Cr 1,8681,6001,7681,6611,4731,287
Operating Profit Qtr Cr 341326412291214207
Depreciation Qtr Cr 363734353435
Interest Qtr Cr 873525
Tax Qtr Cr 9994119846555
Net Profit Qtr Cr 316319360252199189
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8,1646,428
Operating Expenses Annual Cr 6,5025,255
Operating Profit Annual in Cr 1,243885
Depreciation Cr 140134
Interest Annual Cr 1612
Tax Annual Cr 362273
Net Profit Annual Cr 1,130887
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 811707
Cash from Investing Activity Annual Cr 69-586
Cash from Financing Annual Activity Cr -684-77
Net Cash Flow Annual Cr 19643
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 5,3684,853
Fixed Assets Annual Cr 2,2632,265
Total Non Current Assets Annual Cr 2,4442,414
Total Current Assets Annual Cr 5,0684,391
Total Assets Annual Cr 7,5126,805
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 194175
ROE Annual % 2118
ROCE Annual % 2720
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2119
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,1851,8972,1851,9291,6661,477
Operating Expenses Qtr Cr 1,8761,6041,7721,6671,4811,294
Operating Profit Qtr Cr 342330413290215208
Depreciation Qtr Cr 363835363435
Interest Qtr Cr 873525
Tax Qtr Cr 9995119846555
Net Profit Qtr Cr 354349414267198216
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8,0806,414
Operating Expenses Annual Cr 6,5245,283
Operating Profit Annual in Cr 1,248888
Depreciation Cr 142136
Interest Annual Cr 1612
Tax Annual Cr 363273
Net Profit Annual Cr 1,228934
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 820712
Cash from Investing Activity Annual Cr 69-586
Cash from Financing Annual Activity Cr -687-82
Net Cash Flow Annual Cr 20143
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 5,7585,145
Fixed Assets Annual Cr 2,2672,269
Total Non Current Assets Annual Cr 2,8202,699
Total Current Assets Annual Cr 5,0984,413
Total Assets Annual Cr 7,9197,112
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 208186
ROE Annual % 2118
ROCE Annual % 2319
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2018

Cummins India Technicals

EMA & SMA

Current Price
₹1725.35
-19.3 (-1.11%)
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 13
  • 20 Day
  • ₹1738.5
  • 50 Day
  • ₹1763.61
  • 100 Day
  • ₹1744.73
  • 200 Day
  • ₹1642.19
  • 20 Day
  • ₹1729.41
  • 50 Day
  • ₹1793.84
  • 100 Day
  • ₹1780.98
  • 200 Day
  • ₹1652.78

Cummins India Resistance and Support

PIVOT
₹1733.27
Resistance
First Resistance ₹1748.94
Second Resistance ₹1772.52
Third Resistance ₹1788.19
RSI 45.07
MFI 66.73
MACD Single Line -16.44
MACD -12.02
Support
First Resistance ₹1709.69
Second Resistance ₹1694.02
Third Resistance ₹1670.44

Cummins India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 429,498 27,066,964 63.02
Week 566,059 33,720,135 59.57
1 Month 1,686,832 96,790,447 57.38
6 Month 910,846 48,566,295 53.32

Cummins India Result Highlights

Cummins India Synopsis

NSE-Trucks & Parts-Hvy Duty

Cummins India Lt is involved in the business activities of Manufacture of general purpose machinery. Company’s Total Operating Revenue is Rs. 7744.43 Cr. and Equity Capital is Rs. 55.44 Cr. for the Year ended 31/03/2023. Cummins India Ltd. is a Public Limited Listed company incorporated on 17/02/1962 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29112PN1962PLC012276 and registration number is 012276.
Market Cap 47,827
Sales 8,266
Shares in Float 13.58
No of funds 455
Yield 1.45
Book Value 8.91
U/D Vol ratio 0.4
LTDebt / Equity
Alpha 0.07
Beta 0.92

Cummins India

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 51%51%51%51%
Mutual Funds 19.55%20.17%21.14%20.49%
Insurance Companies 2.57%1.96%2.23%4.26%
Foreign Portfolio Investors 14.37%13.99%12.2%10.37%
Financial Institutions/ Banks 0.02%0.05%
Individual Investors 7.74%7.59%7.99%8.54%
Others 4.75%5.29%5.39%5.34%

Cummins India Management

Name Designation
Mr. Steven M Chapman Chairman
Mr. Ashwath Ram Managing Director
Mr. Donald Jackson Non Executive Director
Mr. Jennifer Mary Bush Non Executive Director
Mr. Bonnie Jean Fetch Non Executive Director
Mr. Rajeev Bakshi Independent Director
Mr. Nasser M Munjee Independent Director
Ms. Rama Bijapurkar Independent Director
Ms. Rekha Independent Director
Ms. Lira Goswami Independent Director

Cummins India Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Cummins India Corporate Action

Date Purpose Remarks
2023-08-03 Quarterly Results
2023-05-24 Audited Results & Final Dividend
2023-02-08 Quarterly Results & Interim Dividend
2022-11-04 Quarterly Results
2022-08-10 Quarterly Results
Date Purpose Remarks
2023-07-26 FINAL Rs.13.00 per share(650%)Final Dividend
2023-02-21 INTERIM Rs.12.00 per share(600%)Interim Dividend
2022-08-03 FINAL Rs.10.50 per share(525%)Final Dividend
2022-02-22 INTERIM Rs.8.00 per share(400%)Interim Dividend
2021-08-05 FINAL Rs.8.00 per share(400%)Final Dividend

Cummins India MF Shareholding

Name Amount(cr)
ICICI Prudential Balanced Advantage Fund Growth 49102
HDFC Mid-Cap Opportunities Fund Growth 47236
ICICI Prudential Bluechip Fund Growth 40079
SBI Bluechip Fund Regular Growth 38881
Kotak Emerging Equity Scheme Growth 33091
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Cummins India FAQs

What is Share Price of Cummins India ?

Cummins India share price is ₹1725 As on 23 September, 2023 | 22:59

What is the Market Cap of Cummins India ?

The Market Cap of Cummins India is ₹47826.7 Cr As on 23 September, 2023 | 22:59

What is the P/E ratio of Cummins India ?

The P/E ratio of Cummins India is 34.6 As on 23 September, 2023 | 22:59

What is the PB ratio of Cummins India ?

The PB ratio of Cummins India is 8.3 As on 23 September, 2023 | 22:59

Q2FY23