CUMMINSIND

Cummins India manufactures diesel and natural‐gas engines, generator sets (“gensets”), as well as related components & services. According to a recent data-point, the share price was around ₹4,000 (e.g., ₹4,006.40 per share) in mid-October 2025. Key financials for FY 24-25: Stand‐alone revenue: ₹10,166 crore, up 15 % year-on-year. Stand-alone profit after tax (PAT): ₹1,906 crore, 15 % growth. Business appears structurally tied to infrastructure/industrial capex, power generation (including data centres) and exports. Growth in domestic business: For FY25, domestic sales grew 18 %. Cummins Inc. Export business showing pickup: For Q4, export sales rose 39 % year‐on‐year. Management commentary expects “double‐digit” revenue growth for FY26. Lower debt: Some reports suggest the company’s loan funds dropped materially (e.g., from ₹127 crore to ₹30 crore in one year) which is positive for financial stability.