Cummins India Limited

CUMMINSIND · Capital Goods · NSE

₹5,610

Current Market Price

Above Fair Value

Fair Value (DCF)

₹1,741

Discount to FV

-69.0%

Valuation engine: DCF

Updated just now

DCF Sensitivity →

YieldIQ Score

40/100

Piotroski F-Score

5/9

Economic Moat

Wide

Confidence

60%

ROE

27.9%

Debt/Equity

0.00

WACC

10.0%

Market Cap

₹1.55 Lakh Cr

Quality & Valuation

Neutral model outputs — no recommendations.

ROCE

38.7%

Return on capital employed

EV / EBITDA

37.7×

Enterprise multiple

Debt / EBITDA

0.0×

Leverage vs earnings

Interest Coverage

249.7×

EBIT covers interest

Current Ratio

3.32×

Short-term liquidity

Asset Turnover

0.97×

Revenue per ₹ of assets

Revenue CAGR (3Y)

8.3%

3-year revenue growth

Revenue CAGR (5Y)

13.2%

5-year revenue growth

DCF Scenario Analysis

vs CMP ₹5,609.5

Bear case

Discount -479.0%

Base case

Discount -222.2%

Bull case

Discount -174.8%

Ratio Trends

CUMMINSIND · last 9 annual periods

ROE

27.9%

min 18.1%max 27.9%

ROCE

38.7%

min 17.9%max 38.7%

Operating Margin

min max

Debt / Equity

0.00×

min 0.00×max 0.08×

PE

52.8×

min 33.3×max 52.8×

EV / EBITDA

37.7×

min 23.1×max 37.7×

Historical Financials

CUMMINSIND · Annual, last 5 years· amounts in ₹Cr unless noted

Metric
2022
NSE_XBRL
2023
NSE_XBRL
2024
NSE_XBRL
2025
yfinance
2026
yfinance
CAGR
Revenue₹6057 Cr₹7641 Cr₹8860 Cr₹10.2K Cr₹11.9K Cr+18.5%
EBITDA₹1355 Cr₹1750 Cr₹2391 Cr₹2794 Cr₹3297 Cr+24.9%
EBIT₹996 Cr₹1400 Cr₹1987 Cr+18.9%
PAT₹934 Cr₹1228 Cr₹1721 Cr₹2000 Cr₹2362 Cr+26.1%
EPS (diluted)₹33.69₹44.31₹62.07+16.5%
CFO₹712 Cr₹820 Cr₹1285 Cr₹1683 Cr₹1734 Cr+24.9%
CapEx₹-152 Cr₹-162 Cr₹-288 Cr₹-226 Cr₹-252 Cr
FCF₹560 Cr₹658 Cr₹997 Cr₹1457 Cr₹1483 Cr+27.6%
Total Assets₹7112 Cr₹7919 Cr₹8971 Cr₹10.2K Cr₹11.3K Cr+12.3%
Total Debt₹418 Cr₹376 Cr₹127 Cr₹29.7 Cr₹36.5 Cr-45.6%
Shareholders' Equity₹5145 Cr₹5758 Cr₹6612 Cr₹7561 Cr₹8475 Cr+13.3%

CAGR computed across the visible window. Signs reverse if start value is zero or negative.

Peer Comparison

CUMMINSIND vs 5 closest peers by market-cap band

PeerMoSScoreVerdictROEPE
AIAENG

AIAENG

Pending15.8%26.7×
KIRLOSENG

KIRLOSENG

Pending15.9%33.6×
MTARTECH

MTARTECH

Pending11.4%
TRITURBINE

TRITURBINE

Pending29.3%
TDPOWERSYS

TDPOWERSYS

Pending20.3%

Click a ticker to view its fair-value analysis.

Dividend History

20 ex-dividend events on file. Source: NSE corporate-actions feed.

Total paid (5Y)

₹161.00/sh

Last payout

2026-02-11

₹20.00

Peak payout

₹33.50

Trailing yield

0.95%

Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).

AI Analysis Summary

Model-generated description of metrics. Not investment advice. Cummins India Limited (CUMMINSIND.NS) trades at 5609.50 vs a model fair value of 1740.94, a gap of -69.0%. Piotroski F-score: 5/9. Moat l...

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Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.