Cummins India Ltd (CUMMINSIND) — shareholding pattern, promoter holding, financials and share price
About Cummins India Ltd (CUMMINSIND)
Cummins India Ltd operates in the Compressors, Pumps & Diesel Engines industry, within the Capital Goods sector. It trades on the NSE as CUMMINSIND and on the BSE under scrip code 500480. Its ISIN is INE298A01020.
Cummins India Ltd is a part of the Cummins Inc. Group USA. It designs, manufactures, distributes and services diesel and alternative fuel engines from 2.8 to 100 liters, diesel and alternative-fueled power generator sets of up to 3000 kW (3750 kVA), as well as related components and technology. [1]
Cummins India Limited is a leading manufacturer of diesel and natural gas engines and is actively engaged in the manufacturing, trading, and sale of engine and power systems, including distribution services across India.
For the recent quarter ending December 31, 2025, the company's sales were marginally lower by 1% year-over-year due to a decrease in domestic Power Gen sales, while export sales saw a 2% increase.
Listed peers in Compressors, Pumps & Diesel Engines: Kirloskar Oil Engines Ltd, Elgi Equipments Ltd, KSB Ltd, Kirloskar Brothers Ltd, Ingersoll-Rand (India) Ltd, Kirloskar Pneumatic Company Ltd.
Valuation & Returns
10 Jul 2026At ₹5,616.85 a share on 10 Jul 2026, Cummins India Ltd (CUMMINSIND) was valued at a price-to-earnings ratio of 65.93x against an industry P/E of 37x and a price-to-book of 18.37x on a book value of ₹305.74 per share as of Mar 2026. Solomo computes return on equity of 27.87% and return on capital employed of 36.4% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 65.93x
- Industry P/E
- 37x
- P/B
- 18.37x
- EPS (TTM)
- ₹85.2
- Book value / share
- ₹305.74
- ROE
- 27.87%
- ROCE
- 36.4%
- ROA
- 20.89%
- Debt / equity
- 0x
- Dividend yield
- 0.95%
- EBITDA margin
- 27.59%
- 52-week range
- ₹3,465.65 – ₹6,142.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Cummins India Ltd (CUMMINSIND) reported revenue of ₹12,143 crore, net profit of ₹2,362 crore and earnings per share of ₹85.2. That compares with revenue of ₹10,391 crore and net profit of ₹2,000 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹3,011 crore and net profit ₹649 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 6,171 | 7,772 | 9,000 | 10,391 | 12,143 |
| Net profit (₹ cr) | 934 | 1,228 | 1,721 | 2,000 | 2,362 |
| EPS (₹) | 33.68 | 44.31 | 62.07 | 72.15 | 85.2 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.29% | 22.73% | 16.04% | 16.87% |
| Profit growth | 15.31% | 30.04% | 24.35% | 18.09% |
| Stock price CAGR | 21% | 46% | 43% | 57% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51% of Cummins India Ltd (CUMMINSIND) (unchanged from the previous quarter), foreign institutional investors (FII) hold 21.19% and domestic institutional investors (DII) hold 19.16%. Market capitalisation was ₹1,55,699 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: NPS Trust- A/C Sbi Pension Fund Scheme 2.53%, HDFC Mutual Fund - HDFC Mid-Cap Fund 2.07%, ICICI Prudential Large Cap Fund 1.53%, Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Midcap Fund 1.47%, Life Insurance Corporation Of India 1.2%, Kotak Arbitrage Fund 1.07%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51% | - | 21.19% | 19.16% | 49% |
| Mar 2026 | 51% | - | 20.78% | 19.55% | 49% |
| Dec 2025 | 51% | - | 19.43% | 20.7% | 49% |
| Sep 2025 | 51% | - | 18.35% | 21.83% | 49% |
| Jun 2025 | 51% | - | 17.5% | 22.64% | 49% |
| Mar 2025 | 51% | - | 17.21% | 22.94% | 49% |
| Dec 2024 | 51% | - | 18.1% | 21.91% | 49% |
| Sep 2024 | 51% | - | 17.5% | 22.62% | 49% |