Cummins India Limited (NSE:CUMMINSIND)

Cummins India Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	16,288	5,000	2,350	2,999	3,967	1,774
Short-Term Investments	21,295	20,472	26,208	13,132	9,958	14,560
Trading Asset Securities	-	13,599	5,724	10,647	10,479	5,724
Cash & Short-Term Investments	37,582	39,071	34,282	26,777	24,404	22,058
Cash Growth	11.68%	13.97%	28.03%	9.72%	10.64%	61.47%
Accounts Receivable	26,461	28,284	22,866	20,882	15,980	12,791
Other Receivables	-	51.7	45.5	26.5	29.5	62.5
Receivables	26,461	28,336	22,912	20,909	16,009	12,854
Inventory	13,546	11,685	10,041	9,497	9,037	7,375
Other Current Assets	3,303	2,011	2,851	2,240	1,534	1,847
Total Current Assets	80,893	81,102	70,085	59,422	50,985	44,134
Property, Plant & Equipment	14,365	14,452	13,705	12,901	12,103	12,481
Long-Term Investments	7,108	6,048	5,502	4,633	4,095	3,143
Other Intangible Assets	1,308	1,155	1,205	1,026	16.3	10.3
Long-Term Deferred Charges	-	137.8	223.9	292.8	361.7	413.6
Other Long-Term Assets	10,191	10,149	10,965	11,431	11,626	10,939
Total Assets	113,864	113,042	101,685	89,705	79,186	71,120

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	19,157	16,500	15,671	14,088	11,495	9,997
Accrued Expenses	-	4,461	3,312	2,798	1,690	1,915
Short-Term Debt	-	-	-	1,000	3,500	3,947
Current Portion of Leases	111.5	164.8	92.4	71.3	59.8	49.7
Current Income Taxes Payable	667.5	555.6	31.6	-	-	-
Current Unearned Revenue	-	1,219	796.3	725.2	712.8	318.9
Other Current Liabilities	6,530	1,497	2,682	1,887	1,446	1,219
Total Current Liabilities	26,466	24,397	22,585	20,569	18,904	17,446
Long-Term Leases	260.8	200.3	204.2	198.5	200.7	178.8
Long-Term Unearned Revenue	397.3	226.3	256	119.6	32.7	32.2
Pension & Post-Retirement Benefits	-	931	523.7	511.5	331.8	257.1
Long-Term Deferred Tax Liabilities	961	960.7	862.1	871.8	1,008	935
Other Long-Term Liabilities	2,786	1,575	1,640	1,311	1,127	821.2
Total Liabilities	30,871	28,291	26,071	23,582	21,604	19,670

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	554.4	554.4	554.4	554.4	554.4	554.4
Retained Earnings	70,413	83,591	74,597	65,259	56,823	50,742
Comprehensive Income & Other	12,026	606.2	462.4	310.1	205.2	152.9
Shareholders' Equity	82,994	84,752	75,614	66,123	57,582	51,450
Total Liabilities & Equity	113,864	113,042	101,685	89,705	79,186	71,120

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	372.3	365.1	296.6	1,270	3,761	4,175
Net Cash (Debt)	37,210	38,706	33,986	25,507	20,644	17,882
Net Cash Growth	11.38%	13.89%	33.24%	23.56%	15.44%	34.82%
Net Cash Per Share	134.24	139.63	122.60	92.02	74.47	64.51
Filing Date Shares Outstanding	277.14	277.2	277.2	277.2	277.2	277.2
Total Common Shares Outstanding	277.14	277.2	277.2	277.2	277.2	277.2
Working Capital	54,427	56,705	47,500	38,853	32,081	26,688
Book Value Per Share	299.46	305.74	272.78	238.54	207.73	185.60
Tangible Book Value	81,686	83,597	74,409	65,098	57,566	51,439
Tangible Book Value Per Share	294.74	301.58	268.43	234.84	207.67	185.57
Land	-	293.3	296.9	296.9	297.2	361.2
Buildings	-	8,594	8,364	8,078	7,883	8,487
Machinery	-	14,517	13,371	12,408	11,983	11,212
Construction In Progress	-	774	781.6	946.5	412.9	603.7
Leasehold Improvements	-	116	116	122.1	115.7	72.1

Data Source: S&P Global Market Intelligence Last updated: Nov 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

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