Cummins India Ltd. benchmarking: Perfomance to industry peers

Financial

	Cummins India	Kirloskar Oil Eng	Swaraj Engines
Operational Metrics
Financials
5 yr Average ROE	21.12 %	13.06 %	36.97 %
5yr average Equity Multiplier	1.35	2.76	1.56
5yr Average Asset Turnover Ratio	0.92	0.75	2.47
5yr Avg Net Profit Margin	16.77 %	6.41 %	9.6 %
Price to Book	14.44	5.0	11.25
P/E	49.25	33.28	24.91
5yr Avg Cash Conversion Cycle	26.33 Days	-0.73 Days	-3.72 Days
Inventory Days	38.89 Days	36.9 Days	17.85 Days
Days Receivable	75.07 Days	37.45 Days	32.27 Days
Days Payable	81.91 Days	75.95 Days	55.12 Days
5yr Average Interest Coverage Ratio	99.1	3.57	1142.95
5yr Avg ROCE	23.06 %	14.93 %	48.85 %
5yr Avg Operating Profit Margin	16.64 %	14.43 %	13.42 %
5 yr average Debt to Equity	0.03	1.24	0.0
5yr CAGR Net Profit	25.79 %	20.2 %	12.39 %
5yr Average Return on Assets	15.63 %	4.72 %	23.72 %
Shareholdings
Promoter Holding	51.0 %	41.12 %	52.12 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-18.32 %	-0.01 %
Change in Mutual Fund Holding (3 Yrs)	-4.41 %	15.75 %	-0.11 %

	Cummins India	Kirloskar Oil Eng	Swaraj Engines
Product Wise Break-Up	Product Wise Break-Up Engine 81.46 Lubes 18.54 Financial Services 0 Electric Pumps 0 Spares 0 Engine Components 0	Product Wise Break-Up Electric 13.26 Financial Services 11.98 Engine 0 Engine Components 0 Lubes 0 Spares 0 Others 74.76	Product Wise Break-Up Electric Pumps 0 Financial Services 0 Engine 0 Engine Components 0 Lubes 0 Spare Parts & Accessories 1.97 Others 98.03
Location Wise Break-Up	Location Wise Break-Up India 82.88 Rest of the World 17.12	Location Wise Break-Up India 88.0 Rest of the World 12.0	Location Wise Break-Up India 100.0 Rest of the World 0
Operating Profit Break-Up	Operating Profit Break-Up Engines 93.86 Financial Services 0 Electric Pumps 0 Others 6.14	Operating Profit Break-Up Financial Services 12.34 Pumps & Spares 14.05 Engine 60.07 Others 13.54	-
Net Profit Break-Up	Net Profit Break-Up Engine 93.92 Lubes 6.08	-	-