Cummins India Limited is a leading manufacturer of diesel engines and auto components. Founded in 1962, Cummins India is a part of the Cummins Group, which is a global conglomerate in manufacturing of diesel and alternative fuel engines and generators, and related technology.
The company serves customers across industries including construction, mining, marine, rail, oil and gas, defence and power. The company’s Automobile business division provides technologies such as filtration, exhaust, turbo technologies, fuel systems and lubrication for commercial vehicles. The company carries out its distribution business under the brand name Cummins Sales and Service. The company provides products, packages, services and solutions for Cummins equipment under its distribution division.
The market capitalisation of Cummins India stood at nearly ₹60,000 crore as of January 27, 2024. Cummins India share price has surged more than 250% in the last three years.
Cummins India business operation
Cummins India Limited operates in primarily three business verticals- engine, power systems and auto ancillaries. Cummins India is into the business of designing, manufacturing and distribution of Diesel and alternative fuel engines ranging 2.8 to 95 litres. Other products include diesel and alternative fuel powered generator sets up to 3,000 KW (3750 KVA). The Company is also into manufacturing of related component products for both the above main products.
Cummins India serves customers through its 21 manufacturing plants and 3 Generator Original Equipment Manufacturers (GOEMs). It also has 21 dealerships and more than 120 dealership branch offices across India.
The company, through its 480 touchpoints, supports over 5,25,000 engines serving over 2,00,000 customers across various markets in India, Nepal and Bhutan predominantly in the off-highway sector.
Over the years, the company has diversified into manufacturing of diesel and natural gas engines, hybrid engines and generator sets. The company has a presence in 190 countries across the globe and it’s a leading exporter in this segment. The company exports its products to various countries worldwide with the United States, Europe, Mexico, Africa, Middle East and China being the major markets.
Cummins India has collaborated with Tata Motors to offer solutions for Hydrogen powered commercial vehicles including hydrogen-powered internal combustion engines, fuel cells and battery electric vehicle systems.
In FY 2022-23, the company introduced gensets fit for the Low Horsepower (LHP) rental segment. It also achieved record sales driven by LHP products, powergen and industrial engines exports. The company also launched a new series of fit-for-market gensets powered by B3.3, 6B, QSB7 and QSL9 engines for unregulated markets.
Cummins India Financial Highlights
- Revenue: Cummins India reported revenue of ₹12,660.53 crore in FY26 vs ₹10,837.61 crore in FY25. It showed an increase of 16.82% on a yearly basis.
- Operating Profit: Cummins India reported an operating profit of ₹3,085.95 crore in FY26 vs ₹2,592.81 crore in FY25. It showed an increase of 19.02% on a year-on-year basis.
- Net Profit: Cummins India reported a net profit of ₹2,361.75 crore in FY26 vs ₹1,999.94 crore in FY25. It showed an increase of 18.09% on a yearly basis.
Cummins India Quarterly Result Highlights
- Cummins India reported revenue of ₹3,155.89 crore in Mar 2026, compared with ₹3,170.90 crore in Dec 2025, representing a decrease of 0.47% on a quarter-on-quarter (QoQ) basis.
- Cummins India reported an operating profit of ₹851.73 crore in Mar 2026, compared with ₹625.52 crore in Dec 2025, representing an increase of 36.16% on a quarter-on-quarter (QoQ) basis.
- Cummins India reported a profit of ₹649.46 crore in Mar 2026, compared with ₹486.06 crore in Dec 2025, reflecting an increase of 33.62% on a QoQ basis.
- The earnings per share (EPS) of Cummins India stood at ₹72.15 during Mar 2026.
