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ChangeCummins India Limited (CIL) is a subsidiary of Cummins Inc. US, the world's largest independent diesel engine designer and manufacturer of above 200 HP (horsepower engines. Set up in 1962, CIL is India's leading manufacturer of diesel engines with a ... More
Blue Star (BSL) is one of India's largest central air-conditioning and commercial refrigeration companies. The company has divided its business segments as central & packaged air-conditioning systems (CPAS), cooling products and professional electron... More
| CUMMINS INDIA | BLUE STAR | CUMMINS INDIA/ BLUE STAR |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 33.3 | 42.9 | 77.8% | View Chart |
| P/BV | x | 7.7 | 8.8 | 88.2% | View Chart |
| Dividend Yield | % | 1.6 | 0.0 | - |
 CUMMINS INDIA  BLUE STAR |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| CUMMINS INDIA Mar-16 |
BLUE STAR Mar-17 |
CUMMINS INDIA/ BLUE STAR |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 1,247 | 698 | 178.6% | |
| Low | Rs | 805 | 389 | 207.0% | |
| Sales per share (Unadj.) | Rs | 170.4 | 459.1 | 37.1% | |
| Earnings per share (Unadj.) | Rs | 27.1 | 12.9 | 210.7% | |
| Cash flow per share (Unadj.) | Rs | 30.0 | 19.2 | 156.4% | |
| Dividends per share (Unadj.) | Rs | 14.00 | 0 | - | |
| Dividend yield (eoy) | % | 1.4 | 0 | - | |
| Book value per share (Unadj.) | Rs | 114.4 | 79.2 | 144.4% | |
| Shares outstanding (eoy) | m | 277.20 | 95.57 | 290.0% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 6.0 | 1.2 | 508.5% | |
| Avg P/E ratio | x | 37.8 | 42.2 | 89.6% | |
| P/CF ratio (eoy) | x | 34.1 | 28.3 | 120.7% | |
| Price / Book Value ratio | x | 9.0 | 6.9 | 130.7% | |
| Dividend payout | % | 51.6 | 0 | - | |
| Avg Mkt Cap | Rs m | 284,407 | 51,942 | 547.5% | |
| No. of employees | `000 | 3.7 | 2.5 | 146.9% | |
| Total wages/salary | Rs m | 4,210 | 3,390 | 124.2% | |
| Avg. sales/employee | Rs Th | 12,876.2 | 17,565.0 | 73.3% | |
| Avg. wages/employee | Rs Th | 1,147.3 | 1,357.2 | 84.5% | |
| Avg. net profit/employee | Rs Th | 2,049.2 | 492.6 | 416.0% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 47,243 | 43,877 | 107.7% | |
| Other income | Rs m | 2,279 | 131 | 1,743.5% | |
| Total revenues | Rs m | 49,522 | 44,008 | 112.5% | |
| Gross profit | Rs m | 7,604 | 2,439 | 311.7% | |
| Depreciation | Rs m | 810 | 606 | 133.7% | |
| Interest | Rs m | 9 | 378 | 2.3% | |
| Profit before tax | Rs m | 9,064 | 1,586 | 571.4% | |
| Minority Interest | Rs m | 0 | -2 | 0.0% | |
| Prior Period Items | Rs m | 0 | 13 | 0.0% | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 1,546 | 367 | 421.5% | |
| Profit after tax | Rs m | 7,519 | 1,231 | 611.0% | |
| Gross profit margin | % | 16.1 | 5.6 | 289.5% | |
| Effective tax rate | % | 17.1 | 23.1 | 73.8% | |
| Net profit margin | % | 15.9 | 2.8 | 567.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 22,868 | 20,215 | 113.1% | |
| Current liabilities | Rs m | 11,773 | 18,564 | 63.4% | |
| Net working cap to sales | % | 23.5 | 3.8 | 624.3% | |
| Current ratio | x | 1.9 | 1.1 | 178.4% | |
| Inventory Days | Days | 46 | 50 | 93.6% | |
| Debtors Days | Days | 73 | 78 | 94.0% | |
| Net fixed assets | Rs m | 18,086 | 3,897 | 464.1% | |
| Share capital | Rs m | 554 | 191 | 290.1% | |
| "Free" reserves | Rs m | 31,159 | 7,380 | 422.2% | |
| Net worth | Rs m | 31,713 | 7,571 | 418.9% | |
| Long term debt | Rs m | 0 | 202 | 0.0% | |
| Total assets | Rs m | 45,768 | 26,496 | 172.7% | |
| Interest coverage | x | 1,055.0 | 5.2 | 20,292.8% | |
| Debt to equity ratio | x | 0 | 0 | 0.0% | |
| Sales to assets ratio | x | 1.0 | 1.7 | 62.3% | |
| Return on assets | % | 16.4 | 6.1 | 270.9% | |
| Return on equity | % | 23.7 | 16.3 | 145.9% | |
| Return on capital | % | 28.6 | 25.4 | 112.6% | |
| Exports to sales | % | 35.3 | 0 | - | |
| Imports to sales | % | 10.2 | 0 | - | |
| Exports (fob) | Rs m | 16,694 | NA | - | |
| Imports (cif) | Rs m | 4,842 | NA | - | |
| Fx inflow | Rs m | 17,136 | 2,566 | 667.7% | |
| Fx outflow | Rs m | 6,285 | 10,379 | 60.6% | |
| Net fx | Rs m | 10,851 | -7,812 | -138.9% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 6,556 | 1,585 | 413.5% | |
| From Investments | Rs m | -1,780 | 694 | -256.3% | |
| From Financial Activity | Rs m | -4,679 | -2,031 | 230.5% | |
| Net Cashflow | Rs m | 97 | 249 | 38.8% | |
| Indian Promoters | % | 0.0 | 39.1 | - | |
| Foreign collaborators | % | 51.0 | 0.6 | 8,500.0% | |
| Indian inst/Mut Fund | % | 18.1 | 19.1 | 94.8% | |
| FIIs | % | 18.0 | 6.8 | 266.7% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 12.9 | 34.5 | 37.4% | |
| Shareholders | 41,179 | 22,490 | 183.1% | ||
| Pledged promoter(s) holding | % | 0.0 | 1.7 | - |
Compare CUMMINS INDIA With: TECHNO ELECTRIC ELGI EQUIPMENTS WELSPUN CORP KIRLOSKAR INDUSTRIES SHANTHI GEARS
Compare CUMMINS INDIA With: SHANGHAI ELEC. (China) ANSALDO STS (Italy) DONGFANG ELEC. (China) ABB (Switz.)
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After opening the day flat, share markets in India continued to witness selling pressure and are currently trading in red. Sectoral indices are trading on a mixed note with stocks in the metals sector.
The domestic economy continues to grow largely in areas which are positively impacted through continuing government investments in infrastructure.
Cummins Ltd has announced the second quarter results of financial year 2016-2017 (2QFY17). While the topline grew 6% YoY bottomline saw a marginal decline during the quarter.
The company also saw order inflows of Rs 18 billion during the quarter, which was a massive 41% YoY lower than the previous year's quarter.
Decisions on government initiatives and private investments were stalled in anticipation of upcoming tax restructure.
Bank credit to industry remained muted and investment momentum was driven mostly by public sector spending.
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