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Cummins India share price & results

Cummins India Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Cummins group's India arm making engines, gensets and power-related tech; exports worldwide

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue3,426 ₹ crore+17.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin18.0 %−3.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit609 ₹ crore+0.8% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity30.41 %+2.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin12.24 %−1.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)15.30 %+1.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

4 of 6 judged targets kept · 5 open · verdicts reflect calls analysed to Q1 FY27.

Cummins India Limited management guidance track record on Inve: 11 targets tracked across analysed earnings calls (4 achieved, 2 missed, 5 open).

TargetOriginal wordingSaidLatest callVerdict
Capital Expenditurecontinue in the coming financial year in the same range [~230 cr]... largely sustenance capex
Call transcript, Q4 FY25 · 29 May 2025		Q4 FY25Q1 FY27:Management did not provide a final FY26 capex figure, confirming the 'ghosted' status. Q1 FY27 commentary on capex remained qualitative.
Call transcript, Q1 FY27 · 6 Aug 2026		Ghosted
Export Revenue GrowthCould I share with you that for the next 5 years, we will be able to get double-digit growth? No
Call transcript, Q2 FY26 · 7 Nov 2025		Q2 FY26Q1 FY27:Q1 FY27 exports were flat YoY (0% growth), consistent with the tempered long-term outlook.
Call transcript, Q1 FY27 · 6 Aug 2026		On Track
Revenue Growthanticipate double-digit revenue growth in financial year 2025, '26
Call transcript, Q4 FY25 · 29 May 2025		Q4 FY25Q4 FY26:FY26 sales grew 18% YoY to INR 11,950 crores.
Call transcript, Q4 FY26 · 29 May 2026		Achieved

Source: Inve Guidance Tracker for Cummins India Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Cummins India Limited's 11 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 8 more targets are in the full ledger.

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Price

₹4,532 +3.34% · +₹146.5

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +8.3% 1Y

₹4.0k₹4.5k₹5.0k₹5.5k₹6.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 29 May 2026Q1 FY27 — 6 Aug 2026

1Y: ₹4,183.2 on 24 Oct 2025 → ₹4,532. High ₹6,027.5 (27 May 2026), low ₹3,928.3 (27 Jan 2026).

Previous close
₹4,385.5
Market cap
₹1.3L Cr
52-week range
₹3,928.3 – ₹6,027.5
One year
+5.11%
Price to earnings (TTM to Jun 2026)
51.73×
Return on equity (TTM to Jun 2026)
30.41%

Overview

Symbol
NSE:CUMMINSIND
Industry
Industrials
Exchange
NSE
Currency
INR

What Cummins India Limited does

Based on the company's own presentations, annual report and earnings calls.

Cummins India Limited is a group of complementary business units that design, manufacture, distribute and service diesel and alternative-fuel engines, generator sets and related power technologies. It serves industrial markets (railways, marine, mining, defence, oil and gas, construction, pumps), power generation (including CPCBIV+ gensets and high-horsepower data-centre units) and an aftermarket distribution business. The company caters to India, Bhutan and Nepal and exports to markets including the USA, Europe, Mexico, Africa, the Middle East and China.

Segments

  • Industrial business
  • Power generation
  • Distribution business (DBU)
World-class factories in India
4
4S (sales, spares, service, surveys) service touchpoints
450+
On-highway (2S) dealerships
116
Genset OEM (GOEM) dealer network
117
Battery dealerships
4
Parts distribution centre
1
Founded 1962Headquarters Pune, Maharashtra, IndiaEmployees 3,025 (2025-03-31) Company website

How the price took the results

close before → close after

Q1 FY27
−0.7%
6 Aug
Q4 FY26
−2.4%
29 May
Q3 FY26
+4.5%
5 Feb
Q2 FY26
−0.6%
7 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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