Cummins India Limited (NSE:CUMMINSIND)
India flag India · Delayed Price · Currency is INR
5,448.00
-144.00 (-2.58%)
Jul 17, 2026, 3:30 PM IST

Cummins India Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Cummins India stock has a consensus rating of "Hold" and an average price target of ₹5,717. The average 1-year stock price forecast is 4.94% higher than the current stock price, while the lowest is ₹3,500 (-35.76%) and the highest is ₹7,100 (+30.32%).

Price Target: ₹5,717 (+4.94%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹3,500₹5,717₹5,850₹7,100
Change-35.76%+4.94%+7.38%+30.32%
* 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
RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy1199899
Buy455512
Hold344454
Sell222244
Strong Sell333344
Total232323222323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Downgrades
₹5,882
HoldDowngrades₹5,882+7.97%Jun 2, 2026
Unknown Analyst
IDBI Capital
No rating
IDBI Capital
Hold
Maintains
₹4,401
HoldMaintains₹4,401-19.22%Feb 5, 2026

Financial Forecast

Revenue This Year
140.59B
from 121.43B
Increased by 15.78%
Revenue Next Year
165.80B
from 140.59B
Increased by 17.93%
EPS This Year
98.13
from 87.45
Increased by 12.21%
EPS Next Year
116.37
from 98.13
Increased by 18.59%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
61.71B77.72B90.00B103.91B121.43B140.59B
Revenue Growth
41.53%25.95%15.80%15.45%16.87%15.78%
Gross Profit
20.26B25.05B31.79B37.45B44.18B52.02B
Gross Margin
32.83%32.23%35.32%36.05%36.38%37.00%
Operating Income
9.06B12.86B17.82B20.71B25.82B27.96B
Net Income
9.34B12.28B17.21B20.00B23.62B28.01B
EPS
----87.4598.13
EPS Growth
----21.21%12.21%
Forward PE
-----55.52
Dividend / Share
18.5025.0038.0051.5066.0065.38
Dividend Growth
-35.14%52.00%35.53%28.16%-0.95%
Free Cash Flow
5.38B5.20B7.93B12.49B11.26B19.45B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High144.9B
Avg140.6B
Low135.7B

Revenue Growth

Revenue Growth202720282029
High
19.3%
Avg
15.8%
Low
11.7%

EPS Forecast

EPS202720282029
High106.80
Avg98.13
Low92.89

EPS Growth

EPS Growth202720282029
High
22.1%
Avg
12.2%
Low
6.2%