Cummins India Limited

NSE CUMMINSIND.NS

Cummins India Limited Return on Equity (ROE) for the year ending March 31, 2024: 26.02%

Cummins India Limited Return on Equity (ROE) is 26.02% for the year ending March 31, 2024, a 22.00% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Cummins India Limited Return on Equity (ROE) for the year ending March 31, 2023 was 21.33%, a 17.52% change year over year.
  • Cummins India Limited Return on Equity (ROE) for the year ending March 31, 2022 was 18.15%, a 32.93% change year over year.
  • Cummins India Limited Return on Equity (ROE) for the year ending March 31, 2021 was 13.65%, a -14.83% change year over year.
  • Cummins India Limited Return on Equity (ROE) for the year ending March 31, 2020 was 16.03%, a -7.55% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
Market news
Loading...
NSE: CUMMINSIND.NS

Cummins India Limited

CEO Mr. Ajay Shriram Patil
IPO Date July 1, 2002
Location India
Headquarters Cummins India Office Campus
Employees 3,073
Sector Industrials
Industries
Description

Cummins India Limited designs, manufactures, distributes, and services engines, generator sets, and related technologies in India. The company operates through three business units: Engine Business, Power Systems Business, and Distribution Business. The Engine Business segment manufactures and markets diesel engines ranging from 50 HP to 600 HP for off-highway applications, as well as off-highway commercial equipment industry comprising construction and compressor. The Power Systems Business segment provides power generation systems in standby and distributed power generation for individual and institutional customers in various segments, such as infrastructure, manufacturing, data centers, rental, healthcare, and hospitality; and integrated power solutions for railways, mining, marine, pumps, oil and gas, and defense sectors, as well as manufactures and exports low kilowatt generator sets; and power generation systems including generator sets, paralleling controls, switchgears, transfer switches, and controls. The Distribution Business segment offers products, services, and solutions for equipment and engines; and provides after-market support services to customers in India, Nepal, and Bhutan. It also exports its products to the United States, Europe, Mexico, Africa, the Middle East, and China. The company was incorporated in 1962 and is headquartered in Pune, India. Cummins India Limited is a subsidiary of Cummins Inc.

Similar companies

MFSL.NS

Max Financial Services Limited

USD 12.15

-1.49%

BHARATFORG.NS

Bharat Forge Limited

USD 13.75

1.91%

BALKRISIND.NS

Balkrishna Industries Limited

USD 31.26

4.38%

CONCOR.NS

Container Corporation of India Limited

USD 8.80

4.73%

RAMCOCEM.NS

The Ramco Cements Limited

USD 10.21

0.41%

StockViz Staff

January 16, 2025

Any question? Send us an email