Cummins India Limited (NSE:CUMMINSIND)
India flag India · Delayed Price · Currency is INR
5,426.00
+24.00 (0.44%)
Aug 7, 2026, 3:14 PM IST

Cummins India Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Cummins India stock has a consensus rating of "Hold" and an average price target of ₹5,803. The average 1-year stock price forecast is 6.94% higher than the current stock price, while the lowest is ₹3,500 (-35.50%) and the highest is ₹7,100 (+30.85%).

Price Target: ₹5,803 (+6.94%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹3,500₹5,803₹5,882₹7,100
Change-35.50%+6.94%+8.40%+30.85%
* Price targets were last updated on Jun 2, 2026.

Analyst Ratings

The average analyst rating for Cummins India stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy998999
Buy555122
Hold444544
Sell222444
Strong Sell333444
Total232322232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Downgrades
₹5,882
HoldDowngrades₹5,882+8.40%Jun 2, 2026

Financial Forecast

Revenue This Year
137.99B
from 121.43B
Increased by 13.63%
Revenue Next Year
168.02B
from 137.99B
Increased by 21.77%
EPS This Year
98.30
from 87.45
Increased by 12.40%
EPS Next Year
118.94
from 98.30
Increased by 21.00%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
61.71B77.72B90.00B103.91B121.43B137.99B
Revenue Growth
41.53%25.95%15.80%15.45%16.87%13.63%
Gross Profit
20.26B25.05B31.79B37.45B44.18B51.06B
Gross Margin
32.83%32.23%35.32%36.05%36.38%37.00%
Operating Income
9.06B12.86B17.82B20.71B25.82B27.28B
Net Income
9.34B12.28B17.21B20.00B23.62B27.24B
EPS
----87.4598.30
EPS Growth
----27.20%12.40%
Forward PE
-----55.20
Dividend / Share
18.5025.0038.0051.5066.0064.74
Dividend Growth
-35.14%52.00%35.53%28.16%-1.90%
Free Cash Flow
5.38B5.20B7.93B12.49B11.26B19.45B
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High138.0B
Avg138.0B
Low138.0B

Revenue Growth

Revenue Growth202720282029
High
13.6%
Avg
13.6%
Low
13.6%

EPS Forecast

EPS202720282029
High98.30
Avg98.30
Low98.30

EPS Growth

EPS Growth202720282029
High
12.4%
Avg
12.4%
Low
12.4%