Cummins India Ltd Dividend & Ex-dividend History

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Cummins India Ltd dividend

₹ 2.9 Cr

Volume transacted

7.7 K

stocks traded

Last Updated time: 26 Jul 15:30 PM

Cummins India Ltd

NSE: CUMMINSIND

DPS

₹ 38

Last updated : FY 2024

Key Highlights

The Dividend per Share of Cummins India Ltd is ₹ 38 as of 2024 .a1#The Dividend Payout of Cummins India Ltd changed from 69.03 % on March 2019 to 63.43 % on March 2024 . This represents a CAGR of -1.40% over 6 years. a1#The Latest Trading Price of Cummins India Ltd is ₹ 3711 as of 26 Jul 15:30 .a1#The Market Cap of Cummins India Ltd changed from ₹ 20652 crore on March 2019 to ₹ 83381 crore on March 2024 . This represents a CAGR of 26.19% over 6 years. a1#The Revenue of Cummins India Ltd changed from ₹ 1794 crore to ₹ 2505 crore over 8 quarters. This represents a CAGR of 18.15% a1#The EBITDA of Cummins India Ltd changed from ₹ 299.22 crore to ₹ 724.94 crore over 8 quarters. This represents a CAGR of 55.65% a1#The Net Pr of Cummins India Ltd changed from ₹ 198.13 crore to ₹ 538.86 crore over 8 quarters. This represents a CAGR of 64.92% a1#

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Share Price Vs Dividend Yield

Company Fundamentals For Cummins India Ltd

Market Cap

₹ 100,012 Cr

EPS

₹ 60.6

P/E Ratio (TTM) *

59.5

P/B Ratio (TTM) *

15.1

DTE *

0.0

ROE *

26.0

ROCE *

32.8

Dividend Yield *

1.26

DPS *

Dividend Payout *

63.43

Ann.Dividend % *

1900

* All values are consolidated

Last Updated time: 26 Jul 15:30 PM

* All values are consolidated

Last Updated time: 26 Jul 15:30 PM

Historical Dividend Payout of Cummins India Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Cummins India Ltd

Period
Mar '19	69
Mar '20	66
Mar '21	67
Mar '22	58
Mar '23	61
Mar '24	63

* All values are a in %

Dividend per Share (DPS) Over Time

DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

* All values are in %

Net Profit Vs Dividend Per Share

Cummins India Ltd

NSE: CUMMINSIND

PRICE

₹ 3711.1

103.15 (2.86%)

Last updated : 26 Jul 15:30

SWOT Analysis Of Cummins India Ltd

Strength

Weakness

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Threats

BlinkX Score for Cummins India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Overview of Dividend

Types of Dividend

Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.

Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.

Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.

Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:

Historical Market Cap of Cummins India Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Cummins India Ltd

Period
Mar '19	20653
Mar '20	9023
Mar '21	25491
Mar '22	31153
Mar '23	45159
Mar '24	83382

* All values are a in ₹crore

Historical Revenue of Cummins India Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Cummins India Ltd

Period
Jun '22	1795
Sep '22	2059
Dec '22	2342
Mar '23	2092
Jun '23	2373
Sep '23	2049
Dec '23	2696
Mar '24	2505

* All values are a in ₹crore

Historical EBITDA of Cummins India Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Cummins India Ltd

Period
Jun '22	299
Sep '22	391
Dec '22	570
Mar '23	489
Jun '23	497
Sep '23	474
Dec '23	696
Mar '24	725

* All values are a in ₹crore

Historical Net Profit of Cummins India Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Cummins India Ltd

Period
Jun '22	198
Sep '22	267
Dec '22	414
Mar '23	349
Jun '23	354
Sep '23	329
Dec '23	499
Mar '24	539

* All values are a in ₹crore

About Cummins India Ltd

The Company is engaged in the business of manufacturing, trading and selling of engines and allied activities. Cummins India Ltd was incorporated in the year 1962 with the name Kirloskar Cummins Ltd. Kirloskar Oil Engines Ltd and Cummins Company Inc., Columbus, USA promoted the company. In the year 2003, Cummins Research Technology India Ltd was started in Pune as part of a global effort to perform low-cost, high-quality engineering work. On 11 August 2016, the Power Systems business of Cummins India announced the launch of the new 250 kVA generator set based on the L9 (8.9 litres) engine platform. As on 31 March 2017,the company has one subsidiary,one associate and two joint venture companies,namely i. Cummins Sales & Service Private Limited,ii. The company,for the second consecutive year,has provided over 4000MW of backup power to customers across India. The Company clinched major deals for the supply of low kVA Gensets for the 5G telecom network upgrade in the Asia Pacific region. The Company launched Cummins Ashwasan - a comprehensive package providing service coverage for five years. It has launched KTA19-G4 18.9 litre displacement 6-cylinder Diesel Engine for specific power generation regions with ratings of 550kVA/500kWe. New products like Oversized Liner Sleeves, All Make Filters, Racor Filter, CNG Retrofit Kit, Dual Fuel Kit, Lithium-ion Battery and UPS Inverters were launched. It launched New Series of Fit-for-Market Gensets powered by B3.3, 6B, QSB7 and QSL9 engines for unregulated markets in - Africa Middle East, Asia Pacific and Latin America.