Cummins India Ltd
NSE:CUMMINSIND

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Cummins India Ltd
NSE:CUMMINSIND
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Price: 5 257.2998 INR -0.58% Market Closed
Market Cap: ₹1.5T

P/E

64.6
Current
45%
More Expensive
vs 3-y average of 44.6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
64.6
=
Market Cap
₹1.4T
/
Net Income
₹22.4B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
64.6
=
Market Cap
₹1.4T
/
Net Income
₹22.4B

Valuation Scenarios

Cummins India Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (44.6), the stock would be worth ₹3 628.34 (31% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-56%
Maximum Upside
No Upside Scenarios
Average Downside
44%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 64.6 ₹5 257.3
0%
3-Year Average 44.6 ₹3 628.34
-31%
5-Year Average 38 ₹3 092.38
-41%
Industry Average 34 ₹2 771.83
-47%
Country Average 28.7 ₹2 336.92
-56%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
₹1.4T
/
Jan 2026
₹22.4B
=
64.6
Current
₹1.4T
/
Mar 2026
₹23.9B
=
56.6
Forward
₹1.4T
/
Mar 2027
₹27.9B
=
48.6
Forward
₹1.4T
/
Mar 2028
₹32B
=
42.3
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Higher than 83% of companies in India
Percentile
83nd
Based on 3 123 companies
83nd percentile
64.6
Low
0 — 18.9
Typical Range
18.9 — 44.4
High
44.4 —
Distribution Statistics
India
Min 0
30th Percentile 18.9
Median 28.7
70th Percentile 44.4
Max 877 228.1

Cummins India Ltd
Glance View

Cummins India Ltd, a subsidiary of Cummins Inc., has carved a unique niche in the engine manufacturing industry, deeply intertwining its fortune with the rhythmic hum of diesel and natural gas engines. This company did not just emerge in the market; it was built on a legacy of innovation and resilience. Spanning across a multitude of segments, Cummins India specializes in the design and production of engines for automotive, industrial, power generation, and marine applications. Its strength lies in developing reliable and durable engines that cater to diverse power requirements. The company’s facilities, strategically located across India, are hubs of cutting-edge technology and efficiency, enabling it to produce a plethora of components that are integral to its operations, from turbochargers to generator sets. Every product emerges from a harmony of engineering expertise and quality control, driving Cummins India’s commitment to sustainable energy solutions. At the heart of Cummins India's revenue generation is a sophisticated orchestration of its product and service offerings. The company not only capitalizes on the sale of its engines but also thrives by providing after-market support through maintenance services and spare parts distribution, ensuring smooth operations for its clientele. This dual approach fosters a stable revenue stream and cultivates long-term relationships with customers. By strategically tapping into emerging markets and embracing environmental sustainability, Cummins India pivots toward future growth while adhering to its core values of innovation and integrity. The company continually refines its business model, enhancing its product efficiency and environmental compliance to adapt to the ever-evolving energy landscape. Through technological advancements and market foresight, Cummins India has positioned itself as a formidable player in the industrial engine space, constantly innovating to keep pace with global energy trends.

CUMMINSIND Intrinsic Value
2 058.3357 INR
Overvaluation 61%
Intrinsic Value
Price ₹5 257.2998
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