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Cummins India Limited

CUMMINSIND.NS

(2.8)
Stock Price

3.727,80 INR

17.68% ROA

51.72% ROE

39.27x PER

Market Cap.

567.553.140.000,00 INR

4.56% DER

1.22% Yield

18.04% NPM

Cummins India Limited Stock Analysis

Cummins India Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Cummins India Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (24.47%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a minimal amount of debt (8%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

5 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (12.327), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 PBV

The stock's elevated P/BV ratio (9.85x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

11 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

Cummins India Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Cummins India Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Cummins India Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Cummins India Limited Revenue
Year Revenue Growth
2004 14.711.445.000
2005 17.750.573.000 17.12%
2006 21.228.158.000 16.38%
2007 26.555.212.000 20.06%
2008 35.285.334.000 24.74%
2009 28.448.704.000 -24.03%
2010 39.454.427.000 27.89%
2011 41.172.200.000 4.17%
2012 45.090.000.000 8.69%
2013 38.991.100.000 -15.64%
2014 43.211.000.000 9.77%
2015 51.307.700.000 15.78%
2016 49.875.600.000 -2.87%
2017 49.816.400.000 -0.12%
2018 55.645.500.000 10.48%
2019 50.958.700.000 -9.2%
2020 42.874.900.000 -18.85%
2021 60.569.700.000 29.21%
2022 76.414.000.000 20.73%
2023 75.745.200.000 -0.88%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Cummins India Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Cummins India Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 713.881.000
2005 1.153.390.000 38.11%
2006 1.372.713.000 15.98%
2007 1.562.272.000 12.13%
2008 1.365.605.000 -14.4%
2009 274.500.000 -397.49%
2010 1.603.404.000 82.88%
2011 1.858.100.000 13.71%
2012 73.400.000 -2431.47%
2013 81.200.000 9.61%
2014 75.100.000 -8.12%
2015 96.300.000 22.01%
2016 71.800.000 -34.12%
2017 74.200.000 3.23%
2018 101.700.000 27.04%
2019 118.100.000 13.89%
2020 126.600.000 6.71%
2021 136.200.000 7.05%
2022 186.600.000 27.01%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Cummins India Limited EBITDA
Year EBITDA Growth
2004 2.047.721.000
2005 -12.191.031.000 116.8%
2006 3.772.907.000 423.12%
2007 4.792.118.000 21.27%
2008 6.293.860.000 23.86%
2009 6.490.455.000 3.03%
2010 8.409.030.000 22.82%
2011 7.838.100.000 -7.28%
2012 9.642.100.000 18.71%
2013 8.547.500.000 -12.81%
2014 6.285.700.000 -35.98%
2015 9.980.200.000 37.02%
2016 9.469.200.000 -5.4%
2017 9.000.000.000 -5.21%
2018 10.842.900.000 17%
2019 8.204.600.000 -32.16%
2020 9.670.900.000 15.16%
2021 11.989.100.000 19.34%
2022 17.638.700.000 32.03%
2023 18.950.400.000 6.92%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Cummins India Limited Gross Profit
Year Gross Profit Growth
2004 4.175.820.000
2005 6.021.727.000 30.65%
2006 6.968.860.000 13.59%
2007 8.303.603.000 16.07%
2008 10.870.604.000 23.61%
2009 9.897.088.000 -9.84%
2010 13.650.891.000 27.5%
2011 13.679.700.000 0.21%
2012 14.582.200.000 6.19%
2013 13.236.800.000 -10.16%
2014 14.414.300.000 8.17%
2015 17.751.800.000 18.8%
2016 15.663.100.000 -13.34%
2017 15.779.800.000 0.74%
2018 18.065.100.000 12.65%
2019 15.863.000.000 -13.88%
2020 14.382.800.000 -10.29%
2021 18.373.400.000 21.72%
2022 24.188.800.000 24.04%
2023 27.412.800.000 11.76%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Cummins India Limited Net Profit
Year Net Profit Growth
2004 1.334.257.000
2005 1.836.408.000 27.34%
2006 2.679.674.000 31.47%
2007 3.249.131.000 17.53%
2008 4.629.144.000 29.81%
2009 4.438.672.000 -4.29%
2010 5.909.903.000 24.89%
2011 5.912.700.000 0.05%
2012 7.641.100.000 22.62%
2013 6.000.200.000 -27.35%
2014 7.858.500.000 23.65%
2015 7.333.100.000 -7.16%
2016 7.362.700.000 0.4%
2017 7.118.200.000 -3.43%
2018 7.426.100.000 4.15%
2019 7.056.100.000 -5.24%
2020 6.350.300.000 -11.11%
2021 9.337.400.000 31.99%
2022 12.281.500.000 23.97%
2023 13.163.600.000 6.7%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Cummins India Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 5
2005 7 33.33%
2006 10 33.33%
2007 12 18.18%
2008 16 26.67%
2009 16 6.25%
2010 21 23.81%
2011 21 0%
2012 28 22.22%
2013 22 -28.57%
2014 28 22.22%
2015 26 -3.85%
2016 27 0%
2017 26 -4%
2018 27 3.85%
2019 25 -4%
2020 23 -13.64%
2021 34 33.33%
2022 44 25%
2023 47 6.38%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Cummins India Limited Free Cashflow
Year Free Cashflow Growth
2004 -584.811.000
2005 1.414.710.000 141.34%
2006 1.511.724.000 6.42%
2007 1.727.210.000 12.48%
2008 1.405.050.000 -22.93%
2009 5.094.879.000 72.42%
2010 2.694.040.000 -89.12%
2011 2.136.700.000 -26.08%
2012 2.997.800.000 28.72%
2013 -1.094.200.000 373.97%
2014 1.625.100.000 167.33%
2015 3.140.300.000 48.25%
2016 5.027.600.000 37.54%
2017 4.408.600.000 -14.04%
2018 2.661.900.000 -65.62%
2019 3.425.400.000 22.29%
2020 856.350.000 -300%
2021 5.598.500.000 84.7%
2022 6.575.900.000 14.86%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Cummins India Limited Operating Cashflow
Year Operating Cashflow Growth
2004 -102.465.000
2005 1.633.148.000 106.27%
2006 2.139.837.000 23.68%
2007 2.785.840.000 23.19%
2008 2.332.511.000 -19.44%
2009 5.759.427.000 59.5%
2010 4.179.875.000 -37.79%
2011 4.424.900.000 5.54%
2012 5.286.000.000 16.29%
2013 3.623.700.000 -45.87%
2014 5.011.500.000 27.69%
2015 7.728.900.000 35.16%
2016 7.482.000.000 -3.3%
2017 6.319.000.000 -18.4%
2018 5.492.100.000 -15.06%
2019 6.007.000.000 8.57%
2020 1.501.750.000 -300%
2021 7.118.700.000 78.9%
2022 8.196.500.000 13.15%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Cummins India Limited Capital Expenditure
Year Capital Expenditure Growth
2004 482.346.000
2005 218.438.000 -120.82%
2006 628.113.000 65.22%
2007 1.058.630.000 40.67%
2008 927.461.000 -14.14%
2009 664.548.000 -39.56%
2010 1.485.835.000 55.27%
2011 2.288.200.000 35.07%
2012 2.288.200.000 0%
2013 4.717.900.000 51.5%
2014 3.386.400.000 -39.32%
2015 4.588.600.000 26.2%
2016 2.454.400.000 -86.95%
2017 1.910.400.000 -28.48%
2018 2.830.200.000 32.5%
2019 2.581.600.000 -9.63%
2020 645.400.000 -300%
2021 1.520.200.000 57.55%
2022 1.620.600.000 6.2%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Cummins India Limited Equity
Year Equity Growth
2004 7.636.908.000
2005 8.526.233.000 10.43%
2006 10.206.719.000 16.46%
2007 12.340.549.000 17.29%
2008 14.852.315.000 16.91%
2009 15.609.964.000 4.85%
2010 18.062.706.000 13.58%
2011 20.431.500.000 11.59%
2012 23.867.300.000 14.4%
2013 25.651.500.000 6.96%
2014 28.865.200.000 11.13%
2015 33.332.100.000 13.4%
2016 38.711.000.000 13.9%
2017 41.186.000.000 6.01%
2018 42.829.800.000 3.84%
2019 44.020.400.000 2.7%
2020 46.513.700.000 5.36%
2021 51.449.700.000 9.59%
2022 57.582.400.000 10.65%
2023 60.798.800.000 5.29%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Cummins India Limited Assets
Year Assets Growth
2004 12.180.850.000
2005 13.310.734.000 8.49%
2006 15.748.333.000 15.48%
2007 20.095.411.000 21.63%
2008 23.337.186.000 13.89%
2009 23.837.799.000 2.1%
2010 28.656.606.000 16.82%
2011 31.016.900.000 7.61%
2012 36.696.200.000 15.48%
2013 37.727.300.000 2.73%
2014 43.217.400.000 12.7%
2015 48.430.900.000 10.76%
2016 52.143.400.000 7.12%
2017 57.147.800.000 8.76%
2018 60.602.700.000 5.7%
2019 61.960.700.000 2.19%
2020 59.562.100.000 -4.03%
2021 71.119.900.000 16.25%
2022 79.186.400.000 10.19%
2023 83.122.500.000 4.74%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Cummins India Limited Liabilities
Year Liabilities Growth
2004 4.543.942.000
2005 4.784.501.000 5.03%
2006 5.541.614.000 13.66%
2007 7.754.862.000 28.54%
2008 8.484.871.000 8.6%
2009 8.227.835.000 -3.12%
2010 10.593.900.000 22.33%
2011 10.585.400.000 -0.08%
2012 12.828.900.000 17.49%
2013 12.075.800.000 -6.24%
2014 14.352.200.000 15.86%
2015 15.098.800.000 4.94%
2016 13.432.400.000 -12.41%
2017 15.961.800.000 15.85%
2018 17.772.900.000 10.19%
2019 17.940.300.000 0.93%
2020 13.048.400.000 -37.49%
2021 19.670.200.000 33.66%
2022 21.604.000.000 8.95%
2023 22.323.700.000 3.22%

Cummins India Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
293.05
Net Income per Share
52.14
Price to Earning Ratio
39.27x
Price To Sales Ratio
6.99x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
9.34
EV to Sales
6.97
EV Over EBITDA
27.9
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.03
FreeCashFlow Yield
0
Market Cap
567,55 Bil.
Enterprise Value
566,27 Bil.
Graham Number
507.21
Graham NetNet
75.22

Income Statement Metrics

Net Income per Share
52.14
Income Quality
0
ROE
0.25
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.78
EBT Per Ebit
0.99
Ebit per Revenue
0.24
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.34
Operating Profit Margin
0.24
Pretax Profit Margin
0.23
Net Profit Margin
0.18

Dividends

Dividend Yield
0.01
Dividend Yield %
1.22
Payout Ratio
0
Dividend Per Share
25

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.23
Return on Tangible Assets
0.18
Days Sales Outstanding
66.67
Days Payables Outstanding
74.25
Days of Inventory on Hand
68.72
Receivables Turnover
5.48
Payables Turnover
4.92
Inventory Turnover
5.31
Capex per Share
0

Balance Sheet

Cash per Share
97,16
Book Value per Share
219,30
Tangible Book Value per Share
214.32
Shareholders Equity per Share
219.3
Interest Debt per Share
10.88
Debt to Equity
0.05
Debt to Assets
0.03
Net Debt to EBITDA
-0.06
Current Ratio
2.83
Tangible Asset Value
59,42 Bil.
Net Current Asset Value
31,27 Bil.
Invested Capital
0.05
Working Capital
34,65 Bil.
Intangibles to Total Assets
0.02
Average Receivables
15,41 Bil.
Average Payables
11,29 Bil.
Average Inventory
9629250000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Cummins India Limited Dividends
Year Dividends Growth
2002 2
2003 6 83.33%
2004 2 -200%
2005 4 50%
2006 4 0%
2007 4 0%
2008 7 42.86%
2009 13 41.67%
2010 6 -100%
2011 15 60%
2012 11 -36.36%
2013 13 15.38%
2014 18 27.78%
2015 9 -100%
2016 14 35.71%
2017 14 0%
2018 15 6.67%
2019 17 11.76%
2020 14 -21.43%
2021 15 6.67%
2022 19 16.67%
2023 38 52.63%

Cummins India Limited Profile

About Cummins India Limited

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 segment manufactures and markets diesel engines ranging from 50 HP to 600 HP for off-highway applications, as well as off-highway commercial equipment industry comprising construction and compressor. The Power Systems Business segment provides power generation systems in standby and distributed power generation for individual and institutional customers in various segments, such as infrastructure, manufacturing, data centers, rental, 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 generator sets, paralleling controls, switchgears, transfer switches, and controls. The Distribution Business segment 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.

CEO
Mr. Ashwath Ram
Employee
3.161
Address
Cummins India Office Campus
Pune, 411045

Cummins India Limited Executives & BODs

Cummins India Limited Executives & BODs
# Name Age
1 Ashish Aggarwal
Chief Administrative Officer
70
2 Mr. Amit S. Kumar
Chief of Staff, Strategy and Head of Corporate Responsibility
70
3 Pradheepram Ottikkutti
Head of Engineering of Cummins Group in India
70
4 Ms. Vinaya Abhijit Joshi
Company Secretary & Compliance Officer
70
5 Mr. Ajay Shriram Patil
Chief Financial Officer
70
6 Ms. Anjali Pandey
Chief Operating Officer
70
7 Sanjit Batra
Vice President of Legal & Secretarial
70
8 Annapurna Vishwanathan
Chief Information Officer
70
9 Shubhankar Chatterji
Chief Supply Chain Officer
70
10 Mr. Ashwath Ram
MD & Additional Executive Director
70

Cummins India Limited Competitors