Cummins India Ltd.

Financial

	Cummins India	Kirloskar Oil Eng	Swaraj Engines
Operational Metrics
Financials
5 yr Average ROE	19.04 %	12.01 %	35.07 %
5yr average Equity Multiplier	1.36	2.39	1.54
5yr Average Asset Turnover Ratio	0.88	0.87	2.4
5yr Avg Net Profit Margin	15.64 %	5.97 %	9.46 %
Price to Book	11.5	3.72	11.81
P/E	39.88	21.39	29.82
5yr Avg Cash Conversion Cycle	29.52 Days	-2.31 Days	-2.83 Days
Inventory Days	40.68 Days	37.52 Days	18.6 Days
Days Receivable	73.46 Days	35.11 Days	31.93 Days
Days Payable	81.93 Days	74.78 Days	57.21 Days
5yr Average Interest Coverage Ratio	74.07	6.75	2318.86
5yr Avg ROCE	20.3 %	14.19 %	45.94 %
5yr Avg Operating Profit Margin	14.91 %	12.48 %	13.32 %
5 yr average Debt to Equity	0.05	0.88	0.0
5yr CAGR Net Profit	19.51 %	19.0 %	14.18 %
5yr Average Return on Assets	13.97 %	5.12 %	22.76 %
Shareholdings
Promoter Holding	51.0 %	41.15 %	52.12 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-18.29 %	-0.01 %
Change in Mutual Fund Holding (3 Yrs)	-2.37 %	10.1 %	0.13 %

Business

	Cummins India	Kirloskar Oil Eng	Swaraj Engines
Product Wise Break-Up	Product Wise Break-Up Engine 85.16 Lubes 14.84 Financial Services 0 Electric Pumps 0 Spares 0 Engine Components 0	Product Wise Break-Up Engine Components 0 Lubes 0 Financial Services 14.56 Spares 0 Electric 15.39 Engine 0 Others 70.05	Product Wise Break-Up Engine Components 0 Lubes 0 Financial Services 0 Spare Parts & Accessories 2.34 Electric Pumps 0 Engine 0 Others 97.66
Location Wise Break-Up	Location Wise Break-Up India 82.68 Rest of the World 17.32	Location Wise Break-Up India 89.43 Rest of the World 10.57	Location Wise Break-Up India 100.0 Rest of the World 0
Operating Profit Break-Up	Operating Profit Break-Up Engines 93.72 Financial Services 0 Electric Pumps 0 Others 6.28	Operating Profit Break-Up Financial Services 23.92 Engine 76.08 Electric Pumps 0	-
Net Profit Break-Up	Net Profit Break-Up Engine 93.99 Lubes 6.01	-	-