Cummins India Limited (BOM:500480)
India flag India · Delayed Price · Currency is INR
4,859.65
+103.65 (2.18%)
At close: Oct 1, 2026

Cummins India Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Cummins India stock has a consensus rating of "Buy" and an average price target of ₹5,903. The average 1-year stock price forecast is 21.47% higher than the current stock price, while the lowest is ₹3,500 (-27.98%) and the highest is ₹7,177 (+47.69%).

Price Target: ₹5,903 (+21.47%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹3,500₹5,903₹6,086₹7,177
Change-27.98%+21.47%+25.24%+47.69%

Analyst Ratings

The average analyst rating for Cummins India stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy9899911
Buy551222
Hold445444
Sell224444
Strong Sell334441
Total232223232322

Financial Forecast

Revenue This Year
141.95B
from 121.43B
Increased by 16.90%
Revenue Next Year
167.82B
from 141.95B
Increased by 18.22%
EPS This Year
97.53
from 87.45
Increased by 11.52%
EPS Next Year
118.04
from 97.53
Increased by 21.03%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
61.71B77.72B90.00B103.91B121.43B141.95B
Revenue Growth
41.53%25.95%15.80%15.45%16.87%16.90%
Gross Profit
20.26B25.05B31.79B37.45B44.18B49.26B
Gross Margin
32.83%32.23%35.32%36.05%36.38%34.70%
Operating Income
9.06B12.86B17.82B20.71B25.82B26.96B
Net Income
9.34B12.28B17.21B20.00B23.62B27.04B
EPS
----87.4597.53
EPS Growth
----21.21%11.52%
Forward PE
37.5731.7947.3038.4546.8149.83
Dividend / Share
18.5025.0038.0051.5066.0066.00
Dividend Growth
23.33%35.14%52.00%35.53%28.16%-
Free Cash Flow
----14.83B17.49B
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High145.7B
Avg142.0B
Low138.2B

Revenue Growth

Revenue Growth202720282029
High
20.0%
Avg
16.9%
Low
13.8%

EPS Forecast

EPS202720282029
High100.66
Avg97.53
Low94.40

EPS Growth

EPS Growth202720282029
High
15.1%
Avg
11.5%
Low
7.9%