Cummins India Ltd.

NSE: CUMMINSIND | BSE: 500480 | ISIN: INE298A01020 | Industry: Industrial Machinery
| Expensive Performer
4005.2000 15.10 (0.38%)
NSE Sep 23, 2025 15:48 PM
Volume: 203.4K
 

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Cummins India Ltd.
02 Nov 2020
4005.20
0.38%
Way2Wealth
Cost rationalisation in addition to domestic recovery drives decent performance during Q2FY21 Cummins India Ltd (CIL) topline was at `11.6bn (-11% YoY;+133% QoQ).EBIDTA of `1.9bn +25% YoY was despite YoY revenue decline, was supported by better revenue mix of high margin Export + distribution business contributing 63% of sales compared to 52% in Q2FY20, which itself led to gross margin expansion of 3.1 bps YoY to 38.1% and cost rationalization measures lead to another 170bps YoY improvement in margins. EBIDTA margins for the quarter stood at 16.4% (+4.8 bps YoY)....
Sharekhan increased Buy price target of Cummins India Ltd. to 4500.0 on 15 Sep, 2025.
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