Cummins India Limited

Produces engines and generator sets, offers repair and export/import services for internal combustion engines.

1962 | Pune, Maharashtra (India) | Active
Last Updated: June 24, 2024

Cummins India Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 55.44 Cr
  • Company Age 62 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.90 Cr
  • Satisfied Charges ₹ 120.43 Cr
  • Revenue Growth 27.02%
  • Profit Growth 27.43%
  • Ebitda 40.39%
  • Net Worth 10.62%
  • Total Assets 10.39%

About Cummins India

Cummins India Limited (CIL) was founded in India on 17 February 1962 and has a glorious history of 62 years and 11 months. Its registered office is in Pune, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500480 and on the National Stock Exchange(NSE) under CUMMINSIND.

The Corporate was formerly known as Kirloskar Cummins Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 55.44 Cr.

The company currently has active open charges totaling ₹70.90 Cr. The company has closed loans amounting to ₹120.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Cummins India Limited India are Ajay Patil as CFO and Ms Joshi as Company Secretary. Rama Bijapurkar, Nasser Munjee, Rajeev Bakshi, and Six other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29112PN1962PLC012276

  • Company No.

    012276

  • Stock Symbol

    BSE : 500480 NSE : CUMMINSIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 1962

  • Date of AGM

    03 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Automotive
Energy and Power

What products or services does Cummins India Limited offer?

Cummins India Limited offers a wide range of products and services, including Diesel Engine Generator Set, Cummins Diesel Generator & DG set, Diesel Generator, Generators, Turbines & Power Plants, Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Generator and Accessories, Genset.

Who are the key members and board of directors at Cummins India?

Executive Team (3)

Name Designation Appointment Date Status
Ashwath Ram Country flag representing In Managing Director 17-Aug-2019 Current
Ajay Patil Country flag representing In CFO 01-Apr-2020 Current
Ms Joshi Company Secretary 17-Jun-2020 Current

Board Members (8)

Name Designation Appointment Date Status
Rama Bijapurkar Country flag representing In Director 17-Jun-2020 Current
Lira Goswami Country flag representing In Director 24-May-2023 Current
Donald Gray Country flag representing Us Director 30-Oct-2018 Current
Nasser Munjee Country flag representing In Director 29-Mar-2001 Current
Rajeev Bakshi Country flag representing In Director 20-Oct-2000 Current
Rekha Country flag representing In Director 11-Aug-2022 Current

Financial Performance of Cummins India.

Cummins India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.02% increase. The company also saw a substantial improvement in profitability, with a 27.43% increase in profit. The company's net worth Soared by an impressive increase of 10.62%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
27.02%
Revenue from Operations
26.12%
Total Assets
10.39%
Profit or Loss
27.43%
Net Worth
10.62%
EBITDA
40.39%

What is the Ownership and Shareholding Structure of Cummins India?

In 2023, Cummins India had a promoter holding of 51.00% and a public holding of 49.00%. The company had 1 Subsidiary, 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.90 Cr

Satisfied Charges

₹120.43 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 70.00 Cr
  • The United Western Bank Ltd. : 0.56 Cr
  • The United Western Bank Ltd. : 0.34 Cr

Latest Charge Details

Date Lender Amount Status
04 Apr 2012 State Bank Of India ₹70.00 Cr Open
15 Mar 1990 The United Western Bank Ltd. ₹3.40 M Open
30 Sep 1988 The United Western Bank Ltd. ₹1.73 M Open
19 Apr 1987 The United Western Bank Ltd. ₹0.56 M Open
18 Apr 1987 The United Western Bank Ltd. ₹0.29 M Open

How Many Employees Work at Cummins India?

Cummins India has a workforce of 3291 employees as of Mar 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cummins India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cummins India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Cummins India

Recent activity within the organization

  • Charges

    A charge registered on 28 Feb 1990 via Charge ID 90089531 with State Bank Of India was fully satisfied on 08 Nov 2023.

    08 Nov 2023

  • Charges

    A charge registered on 04 Mar 1989 via Charge ID 90089449 with State Bank Of India was fully satisfied on 08 Nov 2023.

    08 Nov 2023

  • Annual General Meeting

    Cummins India Limited last Annual general meeting of members was held on 03 Aug 2023 as per latest MCA records.

    03 Aug 2023

  • Director Appointment

    Lira Goswami was appointed as a Director was appointed as a Director on 24 May 2023 & has been associated with this company since 1 year 8 months .

    24 May 2023

  • Balance Sheet

    Cummins India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Bonnie Jean Fetch was appointed as a Director was appointed as a Director on 25 Nov 2022 & has been associated with this company since 2 years 2 months .

    25 Nov 2022

Frequently asked questions

  • Cummins India Limited was incorporated on 17 Feb 1962.

  • The authorized share capital of Cummins India Limited is ₹ 80.00 Cr and paid-up capital is ₹ 55.44 Cr.

  • Currently 11 directors are associated with Cummins India Limited.

    • Rama Bijapurkar
    • Nasser Mukhtar Munjee
    • Rajeev Bakshi
    • Lira Goswami
    • Ashwath Ram
    • Donald Jackson Gray
    • Rekha
    • Jennifer Mary Bush
    • Bonnie Jean Fetch
    • Ajay Shriram Patil
    • Ms Vinaya Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cummins India Limited is Cummins India Office Campus Tower A 5Th Floor, Survey No. 21 Balewadi, Pune, Maharashtra, 411045.

  • The corporate identification number (CIN) of Cummins India Limited is L29112PN1962PLC012276 and the company number is 012276 as per Ministry of Corporate Affairs (MCA).

  • Yes, Cummins India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): CUMMINSIND.

  • The Official website of Cummins India Limited is https://www.cummins.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cummins India Limited has risen by 27.02%.

  • As Per 2023 financial reports, 3291 employees are currently employed by Cummins India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cummins India Limited has experienced an upsurge of 10.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cummins India Limited amount to ₹ 70.90 Cr.

  • The most recent Balance Sheet for Cummins India Limited was filed with the ROC on 31 Mar 2023.

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