Alerts will be sent to your verified email
Verify EmailCUMMINSIND
Balance sheet of Cummins India is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Cummins India is increasing.
Latest debt of Cummins India is -₹1,634.62 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹2,925.56 Crs.
Yes, profit is increasing.
The profit of Cummins India is ₹1,746 Crs for TTM, ₹1,721 Crs for Mar 2024 and ₹1,228 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Cummins India latest dividend payout ratio is 61.22% and 3yr average dividend payout ratio is 57.52%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable