Cummins India Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Cummins India Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Debt Due Cover Ratio: Debt due within a year is covered 105.2 times by its yearly operating cash. Higher than 94% of Industrials companies in India.
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 6.1 times. Higher than 92% of Industrials companies in India.
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 86% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹77Over the last 3 years, every ₹100 of reported profit came with ₹77 of operating cash.
Lower than 53% of Industrials companies in India.
Self-Funding Ratio
6.1×Over the last 3 years its own operating cash covered its investment spending (capex) 6.1 times.
Higher than 92% of Industrials companies in India.
Cash Locked Ratio
₹16For every ₹100 of sales, ₹16 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹16 tied up three years earlier.
Less money tied up than 65% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 86% of Industrials companies in India.
Growth Efficiency Ratio
₹26Sales grew 56% in 3 years; of every extra ₹100 of sales, ₹26 became extra profit.
Higher than 85% of Industrials companies in India.
Asset Productivity Ratio
+56% / +43%In 3 years sales changed by +56% while total assets changed by +43%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
105.2×Debt due within a year is covered 105.2 times by its yearly operating cash.
Higher than 94% of Industrials companies in India.
Cash Cushion Ratio
+3%Cash, after subtracting all debt, equals 3% of its market value (net cash).
Higher than 76% of Industrials companies in India.
Tangible Assets Ratio
99%Of every ₹100 the company owns, ₹99 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 63% of Industrials companies in India.
Tangible Net Worth Ratio
98%Of every ₹100 of net worth, ₹98 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 59% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Cummins India Limited owes ₹0.25 for every ₹1 it owns. Net profit rose 18% in the year to Mar 2026, and grew 24% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
52.2Investors pay ₹52.2 for every ₹1 of Cummins India Limited's yearly profit, higher than 79% of Industrials companies in India.
P/B ratio
14.59The share price is 14.59 times Cummins India Limited's book value per share, higher than 94% of Industrials companies in India.
Market cap
₹123,631 CrThe total market value of all of Cummins India Limited's shares at today's price (share price × number of shares), larger than 98% of Industrials companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹8,475 CrWhat Cummins India Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹305.74Net worth divided by the number of shares. The share price of ₹4,460 is 14.6 times this, which is the P/B above.
Return on equity (ROE)
27.9%Cummins India Limited earned 27.9% on its shareholders' money over the last year, higher than 92% of Industrials companies in India.
Owes vs Owns
0.25×Cummins India Limited owes ₹0.25 for every ₹1 it owns (low), lower than 80% of Industrials companies in India.
Dividend yield
1.43%Cummins India Limited pays 1.43% of its share price as dividends a year, higher than 83% of dividend-paying Industrials companies in India.
Revenue growth
+17%Revenue rose 17% in the year to Mar 2026, and grew 16% a year on average over 3 years.
Profit growth
+18%Net profit rose 18% in the year to Mar 2026, and grew 24% a year on average over 3 years.
Profit margin
19.8%Cummins India Limited keeps ₹20 of every ₹100 of revenue as net profit.
Cash quality
0.7×Cash from Cummins India Limited's business was 0.7× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.
Interest cover
193.2×Cummins India Limited's operating profit covered its interest costs 193.2 times in the year to Mar 2026.
Cash vs debt
Net cashCummins India Limited held ₹3,898 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Cummins India Limited's P/E ratio?
Investors pay ₹52.2 for every ₹1 of Cummins India Limited's yearly profit, higher than 79% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Cummins India Limited: ₹123,631 Cr ÷ ₹8,475 Cr (31 Mar 2026) = 14.6.
What is Cummins India Limited's return on equity?
Cummins India Limited earned 27.9% on its shareholders' money over the last year, higher than 92% of Industrials companies in India.
How much does Cummins India Limited owe compared with what it owns?
Cummins India Limited owes ₹0.25 for every ₹1 it owns (low), lower than 80% of Industrials companies in India.
Does Cummins India Limited pay a dividend?
Yes. Cummins India Limited pays 1.43% of its share price as dividends a year, higher than 83% of dividend-paying Industrials companies in India.
Is Cummins India Limited's revenue growing?
Revenue rose 17% in the year to Mar 2026, and grew 16% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.