Cummins India Limited (BOM: 500480)

Cummins India Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	16,361	2,999	3,967	1,774	1,216	1,815
Short-Term Investments	11,659	13,263	9,958	14,560	9,178	4,395
Trading Asset Securities	-	10,647	10,479	5,724	3,267	7,815
Cash & Short-Term Investments	28,020	26,908	24,404	22,058	13,661	14,024
Cash Growth	5.46%	10.26%	10.64%	61.47%	-2.59%	12.63%
Accounts Receivable	21,440	20,882	15,980	12,791	11,149	11,597
Other Receivables	-	26.5	29.5	62.5	112.2	64.7
Receivables	21,440	20,909	16,009	12,854	11,261	11,662
Inventory	11,566	9,497	9,037	7,375	5,642	5,772
Other Current Assets	2,039	2,109	1,534	1,847	1,992	2,365
Total Current Assets	63,065	59,422	50,985	44,134	32,556	33,823
Property, Plant & Equipment	13,101	12,901	12,103	12,481	12,471	13,012
Long-Term Investments	4,980	4,633	4,095	3,143	2,724	2,560
Other Intangible Assets	1,470	1,026	16.3	10.3	491.5	121.8
Long-Term Deferred Charges	-	292.8	361.7	413.6	-	-
Other Long-Term Assets	11,354	11,431	11,626	10,939	11,320	12,443
Total Assets	93,969	89,705	79,186	71,120	59,562	61,961
Accounts Payable	14,455	14,088	11,495	9,997	7,310	6,973
Accrued Expenses	-	2,798	1,690	1,915	1,707	1,827
Short-Term Debt	14.9	1,000	3,500	3,947	202.2	4,893
Current Portion of Leases	83.9	71.3	59.8	49.7	43.6	36.8
Current Unearned Revenue	-	725.2	712.8	318.9	303.5	237.7
Other Current Liabilities	6,520	1,887	1,446	1,219	1,520	1,708
Total Current Liabilities	21,074	20,569	18,904	17,446	11,087	15,676
Long-Term Leases	182.2	198.5	200.7	178.8	151.3	188.3
Long-Term Unearned Revenue	135.9	119.6	32.7	32.2	27.5	10.6
Long-Term Deferred Tax Liabilities	875.8	871.8	1,008	935	785.7	765.7
Other Long-Term Liabilities	2,031	1,311	1,127	821.2	746.5	862.4
Total Liabilities	24,299	23,582	21,604	19,670	13,048	17,940
Common Stock	554.4	554.4	554.4	554.4	554.4	554.4
Retained Earnings	57,310	65,259	56,823	50,742	45,835	43,363
Comprehensive Income & Other	11,806	310.1	205.2	152.9	124.7	103
Shareholders' Equity	69,670	66,123	57,582	51,450	46,514	44,020
Total Liabilities & Equity	93,969	89,705	79,186	71,120	59,562	61,961
Total Debt	281	1,270	3,761	4,175	397.1	5,118
Net Cash (Debt)	27,739	25,638	20,644	17,882	13,264	8,906
Net Cash Growth	16.58%	24.19%	15.44%	34.82%	48.93%	-4.50%
Net Cash Per Share	100.07	92.49	74.47	64.51	47.85	32.13
Filing Date Shares Outstanding	277.22	277.2	277.2	277.2	277.2	277.2
Total Common Shares Outstanding	277.22	277.2	277.2	277.2	277.2	277.2
Working Capital	41,992	38,853	32,081	26,688	21,469	18,147
Book Value Per Share	251.32	238.54	207.73	185.60	167.80	158.80
Tangible Book Value	68,200	65,098	57,566	51,439	46,022	43,899
Tangible Book Value Per Share	246.02	234.84	207.67	185.57	166.03	158.36
Land	-	296.9	297.2	361.2	361.2	361.2
Buildings	-	8,078	7,883	8,487	8,399	8,336
Machinery	-	12,408	11,983	11,212	10,701	11,153
Construction In Progress	-	946.5	412.9	603.7	794	702.5
Leasehold Improvements	-	122.1	115.7	72.1	71.9	71.9

Source: S&P Capital IQ. Standard template. Financial Sources.