Cummins India Limited Share Price and Company Fundamentals



Price
₹1120
Change
16.150 (1.463%)
52 week
821.6 - 1162.0

Last traded: Today at 4:52 AM

Cummins India Limited designs, manufactures, distributes, and services engines, generator sets, and related technologies in India. The company operates through three business units: Engine Business, Power Systems Business, and Distribution Business. The Engine Business manufactures and markets diesel and natural gas engines ranging from 50 HP to 600 HP for low, medium, and heavy-duty on-highway commercial vehicle markets, as well as off-highway commercial equipment industry comprising construction and compressor. The Power Systems Business provides power generation systems in standby and distributed power generation for individual and institutional customers in various segments, such as infrastructure, manufacturing, data centers, realty, healthcare, and hospitality; and integrated power solutions for railways, mining, marine, pumps, oil and gas, and defense sectors, as well as manufactures and exports low kilowatt generator sets; and power generation systems including, integrated generator sets ranging from 7.5 kVA to 3750 kVA consisting of transfer switches, paralleling switchgear, and controls. The Distribution Business offers products, services, and solutions for equipment and engines; and provides after-market support services to customers in India, Nepal, and Bhutan. It also exports its products 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.

Key Metrics

PE ratio

31.24

PB ratio

5.67

Dividend yield

1.68%

Beta

0.92

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Industrial Machinery / Industrials
Websitehttps://www.cummins.com/en/in/company/cummins-india?locset=IN
Mailing addressCummins India Office Campus Tower A, 5th Floor Survey No. 21 Balewadi Pune 411045 India
Phone / Fax91 20 6706 7000 / 91 20 6706 7015

Dividends

Dividend yield

1.68%

Dividend amount

₹18.50

Payout ratio

47.51%

5Y Avg. yield

2.27%

Cummins India Limited paid ₹18.50 dividend and the ex-dividend date was 02 Aug 2022.The dividend payout ratio is 47.51%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CUMMINSIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CUMMINSIND's forward dividend amount is ₹21 and the forward dividend yield is 1.96%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Cummins India Limited.

NameTitleAgeTotal Pay
Mr. Ashwath RamMD & Additional Exec. Director5024.08M
Mr. Ajay Shriram PatilChief Financial Officer
Ms. Vinaya Abhijit JoshiCompany Sec. & Compliance Officer
Pradheepram OttikkuttiChief Technical Officer
Nagarajan BalanagaChief Admin. Officer & Gov. Relations
Mr. Amit S. KumarChief of Staff, Strategy and Head of Corp. Responsibility58
Annapurna VishwanathanChief Information Officer of India ABO

Profitability and management effectiveness

Profit margin

15.13%

Operating margin

15.81%

Return on assets

9.33%

Return on equity

19.06%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Cummins India Limited is and its enterprise value is .

The CUMMINSIND's stocks Beta value is 0.92 making it 8% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Cummins India Limited (NSE:CUMMINSIND) Frequently Asked Questions

1. What is Cummins India Limited's Stock Symbol?

Cummins India Limited trades on NSE under the ticker symbol "CUMMINSIND".

2. What is Cummins India Limited's stock price today?

One share of CUMMINSIND stock can currently be purchased for approximately ₹1120.

3. How can I contact Cummins India Limited?

Cummins India Limited's mailing address is Cummins India Office Campus Tower A, 5th Floor Survey No. 21 Balewadi Pune 411045 India. The company can be reached via phone at 91 20 6706 7000.

4. What is Cummins India Limited's official website?

The official website of Cummins India Limited is https://www.cummins.com/en/in/company/cummins-india?locset=IN.