Financials of Cummins India Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Cummins India Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +1,9342,2181,9222,5412,3192,3162,5093,0962,4702,9073,1703,0553,011
Expenses +1,6041,8761,5751,9991,7811,8422,0252,4991,9452,2832,4752,4202,369
Operating Profit330342346543539473484598525624695634642
OPM %17%15%18%21%23%20%19%19%21%21%22%21%21%
Other Income +15915512815318617115716821721218146263
Interest7876653353352
Depreciation38363842424445494648495051
Profit before tax444453429647676595594714690785824626852
Tax %21%22%23%23%20%22%24%22%23%23%24%22%24%
Net Profit +349354329499539463449558530604622486649
EPS in Rs12.5912.7611.8718.0019.4416.6916.2120.1519.1021.7922.4517.5323.43

Financials of Cummins India Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +4,9164,7205,1065,1125,6975,1914,3606,1717,7729,00010,39112,143
Expenses +4,1013,9454,3024,3744,8284,5983,7575,2886,5247,2318,3119,548
Operating Profit8157758057388695936038831,2481,7702,0802,595
OPM %17%16%16%14%15%11%14%14%16%20%20%21%
Other Income +208116141298328356366472502622714702
Interest21017151721171216271612
Depreciation86818594111121127136142159185199
Profit before tax9357998439271,0698078251,2071,5912,2052,5933,086
Tax %19%21%22%23%31%13%23%23%23%22%23%23%
Net Profit +7727217367127437066359341,2281,7212,0002,362
EPS in Rs27.8526.0226.5625.6826.7925.4522.9133.6844.3162.0772.1585.20
Dividend Payout %50%54%53%58%63%55%65%55%56%61%71%77%

Financials of Cummins India Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555555555555555555555
Reserves3,0333,5533,8164,0634,2284,3474,5965,0905,7036,5577,5068,420
Borrowings +33252257313512404183761273037
Other Liabilities +1,5081,0511,0911,3391,4651,2821,2651,5491,7842,2312,5772,793
Total Liabilities4,5994,6625,2145,7156,0606,1965,9567,1127,9198,97110,16811,304
Fixed Assets +1,3071,2911,5022,0212,0152,2702,1892,2092,2262,3022,3642,404
CWIP17151946339159801286141978577
Investments5364898627084681,0385998921,4571,6421,4822,153
Other Assets +2,5852,3642,3872,9473,4182,8093,0413,9514,1944,9306,2386,670
Total Assets4,5994,6625,2145,7156,0606,1965,9567,1127,9198,97110,16811,304

Financials of Cummins India Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +5896967486325536017897128201,2851,685
Cash from Investing Activity +-146-215-483-13415-20225-57487-248-580
Cash from Financing Activity +-444-471-226-470-525-412-873-82-687-1,134-1,168
Net Cash Flow-110392843-14-6056219-97-63
Free Cash Flow2512055165402793646757826651,0031,455
CFO/OP98%112%116%110%91%129%145%109%94%101%108%

Financials of Cummins India Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days737369968281917475858083
Inventory Days897563616462756663605656
Days Payable796968858375978981898779
Cash Conversion Cycle837965716368695158564960
Working Capital Days547849575940723936484699
ROCE %24%22%21%24%18%17%21%27%35%36%40%