- Total income
- ₹11,121 Cr
- Profit
- ₹2,000 Cr
About Cummins
Cummins is a publicly listed company based in United States founded in 1919. It operates as a manufacturer of gas-powered construction equipment. The company has 5,230 employees. Cummins has completed 7 acquisitions, including Brammo, Efficient Drivetrains and First Mode. Its chief executive is Jennifer Rumsey. Its website cummins.com draws about 1.7 million monthly visits. Its Indian entity Cummins India Limited reported revenue of βΉ10,838 Cr. Its focus areas include Auto, Auto Components and Multi Category. Its competitors include ZF, Cooper Standard, Schaeffler, Valeo and MAHLE and 3 more; 1 of its 8 listed competitors has raised funding.
Company details
Cummins was established in 1919 in the United States as a manufacturer of engines. Diesel and natural gas-powered units are supplied for heavy and medium-duty trucks, buses, recreational vehicles, agricultural and construction machinery, mining operations, marine applications, oil and gas sectors, and governmental equipment. Revenues of 28.07 billion and net profits of 2.15 billion were achieved in 2022.
Cummins is ranked #244 on the Fortune India 500 (2025) and #22 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Cummins
- Total income
- ₹34,537 Cr
- Profit
- ₹4,644 Cr
- Headquarters United States
- Employees 5,230
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Automotive Industry
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website cummins.com
- Social LinkedIn X Facebook
- Legal Name Cummins India Limited
- Market Cap₹1,27,734 Cr
CUMMINSIND · NSE
- Share Price₹4,612.00
+0.09% today
- Revenue₹12,143 Cr
FY 2025-26 · +16.9% YoY
- EBITDA₹2,501 Cr
Margin 20.6%
- Net Profit₹2,425 Cr
FY 2025-26 · +21.7% YoY
- P/E (TTM)52.4x
P/B 15.1x
- ROE29.4%
ROCE 37.3%
- Latest Funding Round$2.1M (USD), Grant
Sep 2025
- InvestorsDOE
& 5 more
- Employee Count5,230
- Investments & AcquisitionsBrammo
& 6 more
Associated legal entities of Cummins
Cummins is associated with 4 registered companies on The Company Check; the primary company is Cummins India Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cummins India Limited Listed CIN L29112PN1962PLC012276 | Active | 17 Feb 1962 | Pune, Maharashtra | ₹10,838 Cr | 3,291 | 12 | View details |
| Cummins Technologies India Private Limited CIN U29113PN1994FTC139153 | Active | 20 Dec 1994 | Pune, Maharashtra | ₹9,959 Cr | 4,849 | 7 | View details |
| Tata Cummins Private Limited CIN U34101PN1993PTC190262 | Active | 20 Oct 1993 | Pune, Maharashtra | ₹7,183 Cr | 2,511 | 11 | View details |
| Cummins Generator Technologies India Private Limited CIN U31101PN1991PTC061456 | Active | 01 May 1991 | Pune, Maharashtra | ₹2,049 Cr | 871 | 5 | View details |
Funding Insights of Cummins
- Total Rounds 30
- Last Round Grant β $2.1M
- Investors Count 6
Latest 10 of 30 funding rounds of Cummins with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $2.1M | Grant | β | β | |
| Sep 2021 | $5M | Grant | β | β | |
| Aug 2021 | $20.12M | Grant | β | β | |
| Jan 2021 | $164,227 | Grant | β | β | |
| Nov 2020 | $4.6M | Grant | β | β | |
| Mar 2020 | $10,168 | Grant | β | β | |
| Aug 2018 | $58,318 | Grant | β | β | |
| Sep 2011 | $13.3M | Grant | β | β | |
| Sep 2010 | $19.74M | Grant | β | β | |
| Sep 2010 | $9.09M | Grant | β | β |
6 investors in total: 6 institutional.
Investors in Cummins
Cummins has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include DOE, European Union and Ethos Private Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is directed toward technology sectors by this firm. | – | apcuk.co.uk | Coventry, United Kingdom | |
PE firm investing in South Africa | 1984 | ethos.co.za | Johannesburg, South Africa | |
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | – | osti.gov | Oak Ridge, United States | |
- | – | cctgrants.com | - |
Investor details for Cummins
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cummins India Limited (Cummins)
Cummins India Limited is the primary company behind Cummins. The boards of the 4 registered companies of Cummins currently have 28 directors; the longest-serving is Rajendra Mahadeo Petkar, appointed in 2007. 155 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajendra Mahadeo Petkar DIN 01693629 | Director | 23 Jul 2007 | 19 yrs 2 mo | Tata Cummins Private Limited |
| Jonathon White DIN 07412647 | Director | 30 Jan 2016 | 10 yrs 8 mo | Tata Cummins Private Limited |
| Girish Arun Wagh DIN 03119361 | Director | 30 Jan 2018 | 8 yrs 8 mo | Tata Cummins Private Limited |
| Donald Jackson Gray DIN 08261104 | Director | 30 Oct 2018 | 7 yrs 11 mo | Cummins India Limited |
| Arun Kumar Singh DIN 08987451 | Whole-time director | 11 Dec 2020 | 5 yrs 10 mo | Cummins Technologies India Private Limited |
| Sachin Sureshchandra Kondejkar DIN 09268013 | Whole-time director | 23 Aug 2021 | 5 yrs 1 mo | Cummins Technologies India Private Limited |
| Rekha DIN 08501990 | Director | 11 Aug 2022 | 4 yrs 2 mo | Cummins India Limited |
| Jennifer Mary Bush DIN 09777114 | Director | 05 Nov 2022 | 3 yrs 11 mo | Cummins India Limited |
| Lira Goswami DIN 00114636 | Director | 24 May 2023 | 3 yrs 4 mo | Cummins India Limited |
| Venkata Gopal Ramanan DIN 01446016 | Director | 25 Jan 2024 | 2 yrs 8 mo | Tata Cummins Private Limited |
| Rajesh Kaul DIN 10360227 | Director | 25 Jan 2024 | 2 yrs 8 mo | Tata Cummins Private Limited |
| Farokh Nariman Subedar DIN 00028428 | Director | 29 May 2024 | 2 yrs 4 mo | Cummins India Limited |
| Sekhar Natarajan DIN 01031445 | Director | 29 May 2024 | 2 yrs 4 mo | Cummins India Limited |
| Mrudul Jatin Bhatia DIN 08991966 | Director | 30 Jul 2024 | 2 yrs 2 mo | Cummins Generator Technologies India Private Limited |
| Nitin Ratnakar Jirafe DIN 10099817 | Managing Director | 23 Aug 2024 | 2 yrs 1 mo | Tata Cummins Private Limited |
| Shveta Arya DIN 08540723 | Director | 22 Oct 2024 | 1 yr 11 mo | Tata Cummins Private Limited, Cummins India Limited, Cummins Generator Technologies India Private Limited |
| Cornelius Osullivan DIN 10829830 | Director | 08 Nov 2024 | 1 yr 11 mo | Cummins India Limited |
| Brad Sutton DIN 09159872 | Alternate Director | 24 Jan 2025 | 1 yr 8 mo | Tata Cummins Private Limited |
| James Robert Hopkins DIN 10938394 | Director | 17 Feb 2025 | 1 yr 8 mo | Tata Cummins Private Limited |
| Ashish Aggarwal DIN 08125002 | Director | 12 Jun 2025 | 1 yr 4 mo | Cummins Technologies India Private Limited |
| Pramod Dnyaneshwer Vaidya DIN 10808217 | Whole-time director | 04 Aug 2025 | 1 yr 2 mo | Cummins Generator Technologies India Private Limited |
| Thierry Bruno Pimi Nouyeuwe DIN 11225590 | Director | 09 Aug 2025 | 1 yr 2 mo | Cummins India Limited |
| Vibha Paul Rishi DIN 05180796 | Director | 09 Aug 2025 | 1 yr 2 mo | Cummins India Limited |
| Sanjit Kaur Batra DIN 06998913 | Director | 26 Aug 2025 | 1 yr 1 mo | Cummins Technologies India Private Limited |
| Avanthi Ganesh Rao DIN 10830549 | Whole-time director | 25 Sep 2025 | 1 yr | Cummins Technologies India Private Limited |
| Sambathkumar Srinivasa Raghavan DIN 10958996 | Whole-time director | 25 Sep 2025 | 1 yr | Cummins Technologies India Private Limited |
| Sylvester Kubby Kuma DIN 11361786 | Additional Director | 31 Oct 2025 | 11 mo | Cummins Generator Technologies India Private Limited |
| Adam John Green DIN 11424414 | Additional Director | 19 Dec 2025 | 10 mo | Cummins Generator Technologies India Private Limited |
People of Cummins
855 people are tracked at Cummins (267 in leadership, 11 in board & advisors, 577 in team); the tracked headcount is 5,230.
| Name | Role | Group |
|---|---|---|
Jennifer Rumsey | CEO | Leadership |
Satish Mulay | Director -hr | Leadership |
Rushil Basavaraj | Director, Product Strategy | Leadership |
Josette Calleja | VP Industrial Sales, Canada | Leadership |
Katie Zarich | Director, On-highway Communications | Leadership |
Scott Waters | Global Sourcing Director: Power Systems Categories | Leadership |
Shashiraj Shanbhag | Vice President, Product & Service Management - Canada | Leadership |
Aaron Morris | Director, H&s Engine Business | Leadership |
Ankit Patel | Director Of Research Development | Leadership |
Elijah Tuuri | Director Innovation & Foresight | Leadership |
Wade Romeyn | Area Director - Western (western Australia, South Australia & Northern Territory) | Leadership |
Michael Murry | Power Generation Sales Director | Leadership |
Taila Paraone | Senior Talent Acquisition Business Partner | Leadership |
Brad Henke | Director, Supply Chain Transformation | Leadership |
Devendra Rane | Director - PSBU India Supply Chain Planning And Logistic | Leadership |
Chitra Bhagat | Director, Analytics Business Solutions Design | Leadership |
Rakesh Sharma | HRIS Director | Leadership |
Lyle Kocher | Director - Advanced Engineering | Leadership |
Amy Davis | VP & President, New Power Segment | Leadership |
John Clark | Executive Director Research & Development | Leadership |
835 more people are available in the full profile.
Complete people profiles for Cummins
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Cummins
Cummins is a publicly listed company on the NYSE with ticker symbol CMI in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date19 Feb 2021
- Listed onB3: C1MI34
- Listed entityCummins Inc.
- Exchange sectorProducer manufacturing
- ISININE298A01020
- Share price₹4,792.90 (-0.86% on the day) · 2026-10-14
- Market capitalisation₹133,333 Cr
- Price to earnings56.1
- EPS (diluted, trailing year)₹85.39
- Dividend yield1.37%
- Volume (last session)294,789
Financials of Cummins
Exchange-reported figures of Cummins India Limited, the listed company behind Cummins (NSE: CUMMINSIND).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 12,143 | 10,391 | 9,000 | 7,772 | 6,171 | 4,360 | 5,191 |
| Revenue growth | +16.9% | +15.5% | +15.8% | +26.0% | +41.5% | -16.0% | - |
| EBITDA | 2,501 | 2,080 | 1,768 | 1,233 | 888 | 582 | 569 |
| EBITDA margin | +20.6% | +20.0% | +19.6% | +15.9% | +14.4% | +13.4% | +11.0% |
| Profit before tax | 3,086 | 2,593 | 2,205 | 1,591 | 1,207 | 825 | 807 |
| Net profit | 2,425 | 1,992 | 1,721 | 1,203 | 813 | 633 | 725 |
| Net profit margin | +20.0% | +19.2% | +19.1% | +15.5% | +13.2% | +14.5% | +14.0% |
| EPS (βΉ) | 85.20 | 72.15 | 62.07 | 44.31 | 33.68 | 22.91 | 25.45 |
| Balance sheet | |||||||
| Total assets | 8,785 | 7,833 | 6,934 | 6,283 | 5,674 | 4,794 | 5,045 |
| Net worth | 8,475 | 7,561 | 6,612 | 5,758 | 5,145 | 4,651 | 4,402 |
| Total debt | 36.51 | 29.66 | 127 | 376 | 418 | 39.71 | 512 |
| Cash & bank | 2,374 | 2,510 | 1,513 | 1,386 | 1,427 | 965 | 465 |
| Net working capital | 4,139 | 3,827 | 2,814 | 2,516 | 2,491 | 1,845 | 1,526 |
| Cash flow | |||||||
| Cash from operations | 1,734 | 1,683 | 1,285 | 820 | 712 | 789 | 601 |
| Cash from investing | 25.81 | (578) | (248) | 86.94 | (574) | 24.61 | (202) |
| Cash from financing | (1,495) | (1,168) | (1,134) | (687) | (82.25) | (873) | (412) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,426 | 3,011 | 3,055 | 3,170 | 2,907 | 2,470 | 3,096 | 2,509 |
| Revenue growth (YoY) | +17.9% | +21.9% | -1.3% | +26.4% | +25.5% | - | - | - |
| Other income | 227 | 263 | 173 | 181 | 212 | 217 | 168 | 157 |
| EBITDA | 616 | 642 | 508 | 695 | 624 | 525 | 598 | 484 |
| EBITDA margin | +18.3% | +21.7% | +16.9% | +22.3% | +21.8% | +21.6% | +19.6% | +19.6% |
| Depreciation | 52.59 | 51.09 | 50.36 | 49.18 | 47.93 | 46.49 | 49.28 | 44.96 |
| Interest | 3.90 | 2.43 | 4.78 | 2.55 | 2.65 | 5.29 | 3.02 | 2.58 |
| Profit before tax | 787 | 852 | 626 | 824 | 785 | 690 | 714 | 594 |
| Tax | 178 | 202 | 139 | 202 | 181 | 161 | 155 | 144 |
| Net profit | 609 | 649 | 486 | 622 | 604 | 530 | 558 | 449 |
| EPS (βΉ) | 21.98 | 23.43 | 17.53 | 22.45 | 21.79 | 19.10 | 20.15 | 16.21 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 12,143 | 10,339 | 8,959 | 7,744 | 6,140 | 4,329 | 5,158 |
| Revenue growth | +17.5% | +15.4% | +15.7% | +26.1% | +41.8% | -16.1% | - |
| EBITDA | 2,501 | 2,068 | 1,760 | 1,228 | 885 | 580 | 566 |
| EBITDA margin | +20.6% | +20.0% | +19.6% | +15.9% | +14.4% | +13.4% | +11.0% |
| Profit before tax | 3,054 | 2,496 | 2,143 | 1,492 | 1,159 | 808 | 759 |
| Net profit | 2,369 | 1,899 | 1,661 | 1,106 | 768 | 634 | 623 |
| Net profit margin | +19.5% | +18.4% | +18.5% | +14.3% | +12.5% | +14.6% | +12.1% |
| EPS (βΉ) | 84.06 | 68.75 | 59.91 | 40.76 | 31.99 | 22.29 | 22.70 |
| Balance sheet | |||||||
| Total assets | 8,208 | 7,290 | 6,475 | 5,886 | 5,373 | 4,539 | 4,807 |
| Net worth | 7,898 | 7,018 | 6,163 | 5,368 | 4,853 | 4,407 | 4,175 |
| Total debt | 36.51 | 29.66 | 120 | 373 | 412 | 32.70 | 504 |
| Cash & bank | 2,374 | 2,510 | 1,505 | 1,381 | 1,427 | 965 | 464 |
| Net working capital | 4,138 | 3,814 | 2,796 | 2,500 | 2,478 | 1,829 | 1,512 |
| Cash flow | |||||||
| Cash from operations | 1,734 | 1,686 | 1,280 | 811 | 707 | 788 | 599 |
| Cash from investing | 25.81 | (577) | (247) | 87.17 | (574) | 24.69 | (202) |
| Cash from financing | (1,495) | (1,166) | (1,133) | (684) | (77.40) | (872) | (411) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,426 | 3,011 | 3,055 | 3,170 | 2,907 | 2,457 | 3,086 | 2,492 |
| Revenue growth (YoY) | +17.9% | +22.6% | -1.0% | +27.2% | +26.2% | - | - | - |
| Other income | 161 | 264 | 140 | 196 | 197 | 212 | 121 | 161 |
| Total expenses | 2,810 | 2,369 | 2,547 | 2,475 | 2,283 | 1,937 | 2,486 | 2,011 |
| EBITDA | 616 | 642 | 508 | 695 | 624 | 520 | 600 | 481 |
| EBITDA margin | +18.3% | +21.7% | +16.9% | +22.3% | +21.8% | +21.5% | +19.7% | +19.6% |
| Depreciation | 52.59 | 51.09 | 50.36 | 49.18 | 47.93 | 45.74 | 48.07 | 45.21 |
| Interest | 3.90 | 2.43 | 4.78 | 2.55 | 2.65 | 5.15 | 2.65 | 2.56 |
| Profit before tax | 721 | 852 | 593 | 839 | 770 | 681 | 670 | 594 |
| Tax | 178 | 202 | 139 | 202 | 181 | 159 | 156 | 144 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,426 | 3,011 | 3,055 | 3,170 | 2,907 | 2,470 | 3,096 | 2,509 |
| Revenue growth (YoY) | +17.9% | +21.9% | -1.3% | +26.4% | +25.5% | - | - | - |
| Other income | 227 | 263 | 173 | 181 | 212 | 217 | 168 | 157 |
| EBITDA | 616 | 642 | 508 | 695 | 624 | 525 | 598 | 484 |
| EBITDA margin | +18.3% | +21.7% | +16.9% | +22.3% | +21.8% | +21.6% | +19.6% | +19.6% |
| Depreciation | 52.59 | 51.09 | 50.36 | 49.18 | 47.93 | 46.49 | 49.28 | 44.96 |
| Interest | 3.90 | 2.43 | 4.78 | 2.55 | 2.65 | 5.29 | 3.02 | 2.58 |
| Profit before tax | 787 | 852 | 626 | 824 | 785 | 690 | 714 | 594 |
| Tax | 178 | 202 | 139 | 202 | 181 | 161 | 155 | 144 |
| Net profit | 609 | 649 | 486 | 622 | 604 | 530 | 558 | 449 |
| EPS (βΉ) | 21.98 | 23.43 | 17.53 | 22.45 | 21.79 | 19.10 | 20.15 | 16.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 12,143 | 10,391 | 9,000 | 7,772 | 6,171 | 4,360 | 5,191 |
| Revenue growth | +16.9% | +15.5% | +15.8% | +26.0% | +41.5% | -16.0% | - |
| Other income | 796 | 714 | 623 | 516 | 467 | 387 | 380 |
| Total expenses | 9,642 | 8,311 | 7,232 | 6,539 | 5,283 | 3,778 | 4,622 |
| Employee cost | 795 | 797 | 803 | 649 | 615 | 510 | 578 |
| EBITDA | 2,501 | 2,080 | 1,768 | 1,233 | 888 | 582 | 569 |
| EBITDA margin | +20.6% | +20.0% | +19.6% | +15.9% | +14.4% | +13.4% | +11.0% |
| Depreciation | 199 | 185 | 159 | 142 | 136 | 127 | 121 |
| Interest | 12.41 | 15.85 | 27.40 | 16.24 | 12.16 | 16.76 | 21.02 |
| Profit before tax | 3,086 | 2,593 | 2,205 | 1,591 | 1,207 | 825 | 807 |
| Tax | 724 | 593 | 484 | 363 | 273 | 190 | 102 |
| Net profit | 2,425 | 1,992 | 1,721 | 1,203 | 813 | 633 | 725 |
| Net profit margin | +20.0% | +19.2% | +19.1% | +15.5% | +13.2% | +14.5% | +14.0% |
| EPS (βΉ) | 85.20 | 72.15 | 62.07 | 44.31 | 33.68 | 22.91 | 25.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 55.44 | 55.44 | 55.44 | 55.44 | 55.44 | 55.44 | 55.44 |
| Reserves & surplus | 8,420 | 7,506 | 6,557 | 5,703 | 5,090 | 4,596 | 4,347 |
| Shareholders' funds (net worth) | 8,475 | 7,561 | 6,612 | 5,758 | 5,145 | 4,651 | 4,402 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 36.51 | 29.66 | 127 | 376 | 418 | 39.71 | 512 |
| Total debt | 36.51 | 29.66 | 127 | 376 | 418 | 39.71 | 512 |
| Total liabilities | 8,785 | 7,833 | 6,934 | 6,283 | 5,674 | 4,794 | 5,045 |
| Assets | |||||||
| Gross block | 3,934 | 3,772 | 3,609 | 3,437 | 3,320 | 3,207 | 3,239 |
| Net block | 2,383 | 2,364 | 2,302 | 2,226 | 2,209 | 2,189 | 2,270 |
| Capital work in progress | 97.71 | 84.87 | 96.81 | 41.29 | 60.78 | 128 | 80.03 |
| Investments | 2,153 | 1,482 | 1,642 | 1,457 | 892 | 599 | 1,038 |
| Inventories | 1,168 | 1,004 | 950 | 904 | 738 | 564 | 577 |
| Sundry debtors | 2,754 | 2,278 | 2,085 | 1,597 | 1,258 | 1,088 | 1,146 |
| Cash & bank balances | 2,374 | 2,510 | 1,513 | 1,386 | 1,427 | 965 | 465 |
| Loans & advances | 265 | 284 | 216 | 164 | 413 | 311 | 413 |
| Total current assets | 6,562 | 6,076 | 4,764 | 4,051 | 3,836 | 2,929 | 2,601 |
| Total current liabilities | 2,423 | 2,249 | 1,950 | 1,534 | 1,345 | 1,084 | 1,075 |
| Net working capital | 4,139 | 3,827 | 2,814 | 2,516 | 2,491 | 1,845 | 1,526 |
| Total assets | 8,785 | 7,833 | 6,934 | 6,283 | 5,674 | 4,794 | 5,045 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 235 | 300 | 397 | 177 | 122 | 181 | 195 |
| Net cash from operating activities | 1,734 | 1,683 | 1,285 | 820 | 712 | 789 | 601 |
| Net cash from investing activities | 25.81 | (578) | (248) | 86.94 | (574) | 24.61 | (202) |
| Net cash from financing activities | (1,495) | (1,168) | (1,134) | (687) | (82.25) | (873) | (412) |
| Net change in cash | 265 | (63.14) | (96.80) | 219 | 55.83 | (59.87) | (13.99) |
| Closing cash | 2,374 | 2,510 | 1,513 | 1,386 | 1,427 | 965 | 465 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +16.9% | +15.5% | +15.8% | +26.0% | +41.5% | -16.0% | - |
| EBITDA growth | +20.2% | +17.7% | +43.3% | +38.9% | +52.6% | +2.2% | - |
| PBT growth | +19.0% | +17.6% | +38.5% | +31.8% | +46.3% | +2.2% | -24.5% |
| Net income growth | +21.7% | +15.8% | +43.0% | +47.9% | +28.6% | -12.7% | - |
| Revenue CAGR (3Y) | +16.0% | +19.0% | +27.3% | +14.4% | +2.7% | -5.2% | +0.6% |
| EBITDA CAGR (3Y) | +26.6% | +32.8% | +44.8% | +29.4% | +0.7% | -7.4% | -10.9% |
| Profitability & leverage | |||||||
| Net income margin | +19.5% | +19.3% | +19.1% | +15.8% | +15.1% | +14.6% | +13.6% |
| Return on capital employed | +37.3% | +35.3% | +33.8% | +26.9% | +20.3% | +17.1% | +17.0% |
| Return on net worth | +29.5% | +28.2% | +27.8% | +22.5% | +16.6% | +14.0% | +16.3% |
| Debt / equity | 0.00 | 0.01 | 0.04 | 0.07 | 0.05 | 0.06 | 0.09 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.54 | 0.84 | 1.70 | 1.49 | 1.62 | 3.68 | 4.68 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.15 | 2.82 | 2.55 | 2.30 | 1.89 | 1.35 | 1.68 |
| Inventory turnover | 11.18 | 10.64 | 9.71 | 9.47 | 9.48 | 7.64 | 8.58 |
| Debtors turnover | 4.83 | 4.76 | 4.89 | 5.44 | 5.26 | 3.90 | 4.27 |
| EPS (βΉ) | 85.20 | 72.15 | 62.07 | 44.31 | 33.68 | 22.91 | 25.45 |
| Dividend per share (βΉ) | 66.00 | 51.50 | 38.00 | 25.00 | 18.50 | 15.00 | 14.00 |
| Book value per share (βΉ) | 305.74 | 272.78 | 238.54 | 207.73 | 185.60 | 167.80 | 158.80 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,426 | 3,011 | 3,055 | 3,170 | 2,907 | 2,457 | 3,086 | 2,492 |
| Revenue growth (YoY) | +17.9% | +22.6% | -1.0% | +27.2% | +26.2% | - | - | - |
| Other income | 161 | 264 | 140 | 196 | 197 | 212 | 121 | 161 |
| Total expenses | 2,810 | 2,369 | 2,547 | 2,475 | 2,283 | 1,937 | 2,486 | 2,011 |
| EBITDA | 616 | 642 | 508 | 695 | 624 | 520 | 600 | 481 |
| EBITDA margin | +18.3% | +21.7% | +16.9% | +22.3% | +21.8% | +21.5% | +19.7% | +19.6% |
| Depreciation | 52.59 | 51.09 | 50.36 | 49.18 | 47.93 | 45.74 | 48.07 | 45.21 |
| Interest | 3.90 | 2.43 | 4.78 | 2.55 | 2.65 | 5.15 | 2.65 | 2.56 |
| Profit before tax | 721 | 852 | 593 | 839 | 770 | 681 | 670 | 594 |
| Tax | 178 | 202 | 139 | 202 | 181 | 159 | 156 | 144 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 12,143 | 10,339 | 8,959 | 7,744 | 6,140 | 4,329 | 5,158 |
| Revenue growth | +17.5% | +15.4% | +15.7% | +26.1% | +41.8% | -16.1% | - |
| Other income | 765 | 626 | 568 | 420 | 420 | 370 | 332 |
| Total expenses | 9,642 | 8,271 | 7,199 | 6,516 | 5,255 | 3,750 | 4,591 |
| Employee cost | 795 | 774 | 781 | 630 | 596 | 493 | 560 |
| EBITDA | 2,501 | 2,068 | 1,760 | 1,228 | 885 | 580 | 566 |
| EBITDA margin | +20.6% | +20.0% | +19.6% | +15.9% | +14.4% | +13.4% | +11.0% |
| Depreciation | 199 | 183 | 158 | 140 | 134 | 126 | 119 |
| Interest | 12.41 | 15.12 | 26.78 | 15.78 | 11.50 | 16.17 | 20.25 |
| Profit before tax | 3,054 | 2,496 | 2,143 | 1,492 | 1,159 | 808 | 759 |
| Tax | 724 | 590 | 482 | 362 | 273 | 190 | 130 |
| Net profit | 2,369 | 1,899 | 1,661 | 1,106 | 768 | 634 | 623 |
| Net profit margin | +19.5% | +18.4% | +18.5% | +14.3% | +12.5% | +14.6% | +12.1% |
| EPS (βΉ) | 84.06 | 68.75 | 59.91 | 40.76 | 31.99 | 22.29 | 22.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 55.44 | 55.44 | 55.44 | 55.44 | 55.44 | 55.44 | 55.44 |
| Reserves & surplus | 7,842 | 6,963 | 6,108 | 5,313 | 4,797 | 4,351 | 4,120 |
| Shareholders' funds (net worth) | 7,898 | 7,018 | 6,163 | 5,368 | 4,853 | 4,407 | 4,175 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 36.51 | 29.66 | 120 | 373 | 412 | 32.70 | 504 |
| Total debt | 36.51 | 29.66 | 120 | 373 | 412 | 32.70 | 504 |
| Total liabilities | 8,208 | 7,290 | 6,475 | 5,886 | 5,373 | 4,539 | 4,807 |
| Assets | |||||||
| Gross block | 3,934 | 3,772 | 3,597 | 3,427 | 3,310 | 3,198 | 3,228 |
| Net block | 2,383 | 2,364 | 2,295 | 2,222 | 2,204 | 2,185 | 2,264 |
| Capital work in progress | 97.71 | 84.87 | 96.81 | 41.29 | 60.78 | 128 | 80.03 |
| Investments | 1,576 | 957 | 1,215 | 1,085 | 615 | 369 | 824 |
| Inventories | 1,168 | 1,022 | 937 | 886 | 729 | 558 | 573 |
| Sundry debtors | 2,754 | 2,292 | 2,078 | 1,593 | 1,247 | 1,074 | 1,132 |
| Cash & bank balances | 2,374 | 2,510 | 1,505 | 1,381 | 1,427 | 965 | 464 |
| Loans & advances | 265 | 214 | 207 | 161 | 410 | 308 | 410 |
| Total current assets | 6,562 | 6,039 | 4,726 | 4,020 | 3,813 | 2,905 | 2,579 |
| Total current liabilities | 2,423 | 2,225 | 1,930 | 1,520 | 1,335 | 1,076 | 1,067 |
| Net working capital | 4,138 | 3,814 | 2,796 | 2,500 | 2,478 | 1,829 | 1,512 |
| Total assets | 8,208 | 7,290 | 6,475 | 5,886 | 5,373 | 4,539 | 4,807 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 235 | 292 | 391 | 177 | 122 | 181 | 195 |
| Net cash from operating activities | 1,734 | 1,686 | 1,280 | 811 | 707 | 788 | 599 |
| Net cash from investing activities | 25.81 | (577) | (247) | 87.17 | (574) | 24.69 | (202) |
| Net cash from financing activities | (1,495) | (1,166) | (1,133) | (684) | (77.40) | (872) | (411) |
| Net change in cash | 265 | (56.78) | (99.50) | 214 | 55.90 | (59.90) | (13.92) |
| Closing cash | 2,374 | 2,510 | 1,505 | 1,381 | 1,427 | 965 | 464 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.5% | +15.4% | +15.7% | +26.1% | +41.8% | -16.1% | - |
| EBITDA growth | +20.9% | +17.5% | +43.3% | +38.8% | +52.7% | +2.3% | - |
| PBT growth | +22.4% | +16.5% | +43.6% | +28.7% | +43.5% | +6.4% | -26.3% |
| Net income growth | +24.8% | +14.3% | +50.2% | +44.0% | +21.1% | +1.7% | - |
| Revenue CAGR (3Y) | +16.2% | +19.0% | +27.4% | +14.5% | +2.8% | -5.2% | +0.5% |
| EBITDA CAGR (3Y) | +26.7% | +32.7% | +44.8% | +29.4% | +0.8% | -7.5% | -10.9% |
| Profitability & leverage | |||||||
| Net income margin | +19.2% | +18.4% | +18.5% | +14.6% | +14.4% | +14.3% | +12.2% |
| Return on capital employed | +39.6% | +36.5% | +35.1% | +26.8% | +20.5% | +17.6% | +16.7% |
| Return on net worth | +31.2% | +28.9% | +28.8% | +22.1% | +16.6% | +14.4% | +15.2% |
| Debt / equity | 0.00 | 0.01 | 0.04 | 0.08 | 0.05 | 0.06 | 0.10 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.54 | 0.80 | 1.67 | 1.45 | 1.53 | 3.56 | 4.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.15 | 2.81 | 2.55 | 2.30 | 1.89 | 1.35 | 1.67 |
| Inventory turnover | 11.09 | 10.56 | 9.83 | 9.59 | 9.54 | 7.66 | 8.61 |
| Debtors turnover | 4.81 | 4.73 | 4.88 | 5.45 | 5.29 | 3.92 | 4.29 |
| EPS (βΉ) | 84.06 | 68.75 | 59.91 | 40.76 | 31.99 | 22.29 | 22.70 |
| Dividend per share (βΉ) | 66.00 | 51.50 | 38.00 | 25.00 | 18.50 | 15.00 | 14.00 |
| Book value per share (βΉ) | 284.91 | 253.18 | 222.33 | 193.65 | 175.06 | 158.97 | 150.61 |
Investments & Acquisitions by Cummins
Cummins has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Brammo, Efficient Drivetrains and First Mode.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Developer of hybrid retrofit kits for mining operations. These kits reduce diesel emissions without requiring additional infrastructure. The company focuses on decarbonization solutions for the industrial sector, enabling a more profitable and sustainable future. Its offerings include engineering, research and development, and manufacturing capabilities to address the complex needs of its partners. The technology is designed for immediate and long-term impact, accelerating the transition to clean energy. | firstmode.com | London, United Kingdom | 0 | Feb 2025 | β’β’β’β’ | |
Transmission and braking components are manufactured for commercial vehicles. | meritor.com | Troy, United States | 1909 | Feb 2022 | $3.7B | |
Engine retarding systems and valve actuation technologies are manufactured. | jacobsvehiclesystems.com | Bloomfield, United States | 2000 | Feb 2022 | $325M | |
Designs and develops hydrogen pressure vessels and storage containers | nproxx.com | Heerlen, Netherlands | 2018 | Sep 2020 | β’β’β’β’ | |
PEM fuel cells and hydrogen storage systems are manufactured. | hydrogenics.com | Mississauga, Canada | 1996 | Jun 2019 | $290M | |
High-efficiency CVTs are designed and manufactured for electric vehicles. | efficientdrivetrains.com | Palo Alto, United States | 2006 | Jul 2018 | β’β’β’β’ | |
Electric vehicle drivetrain systems and components are supplied by Brammo. | brammo.com | Ashland, United States | 2002 | Oct 2017 | β’β’β’β’ |
Complete acquisition details for Cummins
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Timeline of Cummins
11 dated milestones of Cummins across 106 years, from founding to its latest funding, stage changes and deals.
- Founded Cummins is founded.
- Funding First funding round.
- Acquisition Acquires Brammo.
- Acquisition Acquires Efficient Drivetrains.
- Acquisition Acquires Hydrogenics.
- Acquisition Acquires NPROXX.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Jacobs Vehicle Systems.
- Acquisition Acquires Meritor.
- Acquisition Acquires First Mode.
- Funding Latest funding round, Grant, of $2.1M.
Competitors of Cummins
Cummins has 8 listed competitors in our database, 1 of them funded. They include ZF, Cooper Standard, Schaeffler, Valeo and MAHLE, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zf.com | 1915 | Friedrichshafen, Germany | – | 168,700 | Mobility systems are developed for cars, vehicles, and industrial uses. | |
| cooperstandard.com | 1960 | Novi, United States | $51.1M | 40 | Systems and components for the automotive industry are supplied worldwide. | |
| schaeffler.com | 1946 | Herzogenaurach, Germany | – | 90,151 | Manufacturer of bearings for the automotive industry | |
| valeo.com | 1923 | Paris, France | – | 124 | Automotive products and services are supplied globally to automakers. | |
| mahle.com | 1920 | Stuttgart, Germany | – | 109 | Automotive cooling systems, pistons, and aftermarket components are manufactured. | |
| continental.com | 1871 | Hannover, Germany | – | 141 | Continental is recognized as a leading tire manufacturer globally. | |
| delphi.com | 1994 | Auburn Hills, United States | – | – | Manufacturer and supplier of automotive parts to OEMs | |
| faurecia.com | 1997 | Nanterre, France | – | – | Automotive components and systems are manufactured for vehicles. |
Detailed competitors of Cummins
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Web traffic of Cummins
The website of Cummins (cummins.com) receives about 1.7M visits a month and ranks #24,339 among all websites worldwide, #437 in Automotive Industry.
- Monthly visits1.7M
▲ 7.5% vs previous month
- Unique visitors460.3K
per month
- Global rank#24,339
among all websites
- Category rank#437
Vehicles · Automotive Industry
- Bounce rate26%
- Pages per visit8.2
- Average visit4 min 05 sec
- DevicesDesktop 66% Β· Mobile 34%
Websites whose visitors overlap most with Cummins. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cumminsengines.com | cumminsengines.com | 100% | – | – | β |
cumminsindia.com | cumminsindia.com | 90% | – | #11,138,553 | β |
firstcallonline.com | firstcallonline.com | 87% | – | #11,711 | β |
| repairlinkshop.com | 81% | – | #22,478 | View details | |
irv2.com | irv2.com | 81% | – | #102,759 | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Cummins
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Top companies in Automotive Manufacturing & Components
10 companies that operate in the same segment as Cummins (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | – | – | – | |
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of forklifts, warehouse equipment and other industrial trucks | 2006 | Germany | USD 587.14 M | USD 13.28 B | 42,720 | |
Automobiles and related products are manufactured by Volvo Cars. | 1927 | Goteborg, Vastra Gotaland, Sweden | USD 1.07 B | USD 38.79 B | 42,600 | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | – | USD 79.03 B | 35,750 | |
Automotive manufacturing company | 1916 | Munchen, Bayern, Germany | – | USD 156.8 B | – | |
Rechargeable batteries are distributed globally by BYD. | 1994 | Los Angeles, California, United States | – | – | 269 | |
Automotive vehicles including cars, trucks, and SUVs are manufactured. | 1957 | Plano, Texas, United States | – | – | – | |
Motorcycles are manufactured, along with parts, apparel, and financial services. | 1903 | Milwaukee, Wisconsin, United States | – | USD 4.47 B | 5,900 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 |
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Related news about Cummins
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Frequently Asked Questions about Cummins
Cummins was founded in 1919 and raised its 1st funding round 74 years after it was founded.
Cummins is headquartered in United States.
Jennifer Rumsey is the current CEO of Cummins.
Cummins has 5,230 employees.
The primary company behind Cummins, Cummins India Limited, reported revenue of βΉ10,838 Cr for FY 2025, up 16% year on year.
Cummins was established in 1919 in the United States as a manufacturer of engines. Diesel and natural gas-powered units are supplied for heavy and medium-duty trucks, buses, recreational vehicles, agricultural and construction machinery, mining operations, marine applications, oil and gas sectors, and governmental equipment. Revenues of 28.07 billion and net profits of 2.15 billion were achieved in 2022.
Cummins's top competitors include Valeo, Cooper Standard and Schaeffler.
Yes, Cummins is publicly traded on NYSE under the ticker symbol CMI.
Cummins has made 7 acquisitions, including Brammo, Efficient Drivetrains, and First Mode.
Cummins has 6 investors. Key investors include DOE, European Union, Ethos Private Equity, Advanced Propulsion Centre UK, and OSTI.GOV.
Cummins is associated with 4 legal entities: Cummins India Limited, Tata Cummins Private Limited, Cummins Technologies India Private Limited and others.
The legal entities of Cummins currently have 33 directors, including Rajendra Mahadeo Petkar, Brad Sutton, Jonathon White and others.

