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Cummins India Limited CUMMINSIND.NS

IN · National Stock Exchange of India · XNSE · stock · Industrials · website

Cummins India Limited statistics & valuation

Market cap₹1.57T
P / E66.5×
P / S13.1×
P / B18.5×
P / FCF105.9×
Net margin19.8%
FCF margin12.4%
Net cash₹4.6B
Enterprise value USD$16.4B

Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
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Gross margin (%)
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Operating margin (%)
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Return on equity (%)
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Shares outstanding
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Net debt (₹)
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Share buybacks (₹)
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Return on assets (%)
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Free cash flow margin (%)
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Debt / equity (×)
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EPS (₹)
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Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Cummins India Limited trades at about 66.4× earnings — above its 10-year norm (10-year range 35.6×–61.8×, median 52.8×).

35.6× 66.4×

Shaded band = 10-year range (35.6×–61.8×); dot = today's 66.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin35.8%35.5%33.1%29.9%
Operating margin20.1%18.5%18.2%14.5%
Net margin19.8%19.6%19.4%16.1%
FCF margin12.4%14.3%11.3%8.6%
Return on assets20.9%19.7%19.2%15.5%
Return on equity27.9%26.4%26.0%21.3%
Current ratio3.323.102.892.70

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.