Cummins group's India arm making engines, gensets and power-related tech; exports worldwide
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 |
| Reserves | 4.1k | 4.4k | 4.8k | 5.3k | 6.1k | 7.0k | 7.3k | 7.8k |
| Borrowings | 504 | 33 | 412 | 373 | 120 | 30 | 24 | 37 |
| Other Liabilities | 1.3k | 1.3k | 1.5k | 1.8k | 2.2k | 2.6k | 2.6k | 2.8k |
| Total Liabilities | 6.0k | 5.7k | 6.8k | 7.5k | 8.5k | 9.6k | 10.0k | 10.7k |
| AssetsFixed Assets | 2.3k | 2.2k | 2.2k | 2.2k | 2.3k | 2.4k | 2.4k | 2.4k |
| CWIP | 80 | 128 | 61 | 41 | 97 | 85 | 72 | 98 |
| Investments | 824 | 369 | 615 | 1.1k | 1.2k | 957 | 1.6k | 1.6k |
| Other Assets | 2.8k | 3.0k | 3.9k | 4.2k | 4.9k | 6.2k | 5.9k | 6.7k |
| Total Assets | 6.0k | 5.7k | 6.8k | 7.5k | 8.5k | 9.6k | 10.0k | 10.7k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 550 | 599 | 788 | 707 | 811 | 1.3k | 1.7k | 1.7k |
| Cash from Investing | 16 | -202 | 25 | -574 | 87 | -247 | -577 | 26 |
| Cash from Financing | -523 | -411 | -872 | -77 | -684 | -1.1k | -1.2k | -1.5k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 277 | 362 | 674 | 778 | 657 | 999 | 1.5k | 1.5k |
| FCF Margin | — | — | — | — | — | — | — | — |
The Earnings Per Share over the last 12 months.
Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).
Pre-filled with the lower of median (46.6×) and current (69.8×) PE — the conservative anchor.
The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.
At 26.8% growth and a 47× exit, ₹5865 only delivers your return if you pay ₹6,007. The price is currently baking in 26% growth.
EPS grows 26.8%/yr for 5 years, then fades to 6% over 2, exits at 47×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 26.8% | 106.59 |
| FY28 | 26.8% | 135.15 |
| FY29 | 26.8% | 171.37 |
| FY30 | 26.8% | 217.30 |
| FY31 | 26.8% | 275.54 |
| FY32 | 16.4% ·fade | 320.73 |
| FY33 | 6.0% ·fade | 339.97 |
Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.
Guides on how to read this kind of business and the numbers that matter.