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Cummins India Limited CUMMINSIND.NS
Cummins India Limited (CUMMINSIND.NS) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 0.94% (safety: stretched). FY2026 revenue was ₹119.5B at a 19.8% net margin.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
About Cummins India Limited
Cummins India Limited engages in the design, manufacture, distribution, and service of engines, generator sets, and related technologies in India, Nepal, and Bhutan. The company operates through two segments, Engines and Lubes. It provides accelera, G-drive, fire pump drive, hydrogen, and natural gas engines; and generators and power systems, including integrated power systems, alternators, transfer switches, generator set controls, system level controls and switchgears, and browse generators. The company also offers engine components, such as fuel systems, turbochargers, and engine braking and valvetrain technologies; and aftertreatment emission solutions, as well as operates component care centers. In addition, it offers drivetrain and braking systems comprising axles, brakes, carriers, drivelines, gearboxes and power take-offs, gears, suspensions, tire inflation systems, transfer cases, trailer solutions, and transmissions; parts and sales and services; software and electronic products; and digital products. The company serves commercial buildings, data centers, realty, infrastructure, hospitality, defense, greenhouse, healthcare, manufacturing, marine, mining, oil and gas, rental power, RVs, small business, telecom, water treatment, automotive, power transmission, and distribution industries, as well as end users, original equipment manufacturers (OEMs), channel partners, dealers, and retailers. It exports to the United States, Europe, Mexico, Africa, the Middle East, and China. The company was incorporated in 1962 and is headquartered in Pune, India. Cummins India Limited is a subsidiary of Cummins Inc.
How it ranks in Industrials · percentile among 165 companies
Percentile vs other Industrials companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.502 |
| Retained earnings / assets | 0.638 |
| EBIT / assets | 0.212 |
| Equity / liabilities | 2.996 |
FAQ
Is CUMMINSIND.NS financially healthy?
Cummins India Limited's Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does CUMMINSIND.NS pay a dividend, and is it safe?
Yes. Cummins India Limited pays a dividend yielding about 0.94% with a 62.8% payout ratio, rated “stretched” for safety.
How profitable is CUMMINSIND.NS?
In FY2026, Cummins India Limited had a net margin of 19.8% and a return on equity of 27.9%.
Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.