Cummins India cash flow

Latest FY26

Cash from operations: ₹1,734cr+2.9% on FY25
Capital spending: ₹252cr+5.7% on FY25
Free cash flow: ₹1,483cr+2.5% on FY25
Cash from financing: −₹1,495cr−₹1,168 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	199	185	159	142
	—	12.4	15.9	27.4	16.2
	—	−189	−169	−121	−73.8
	—	2.3	−2.2	0.3	0.0
	—	14.4	15.2	10.5	5.2
	—	−1.8	5.4	−14.2	−14.1
	—	81.2	5.8	0.5	1.0
	—	−74.7	−52.1	−53.8	−46.4
	—	0.0	0.0	1.7	14.3
	—	−146	−83.9	−46.0	−166
	—	−460	−238	−521	−363
	—	−14.9	−28.5	−2.2	7.4
	—	−49.4	17.7	−54.3	31.4
	—	57.9	178	285	174
	—	63.9	67.4	65.8	14.6
	—	63.2	−16.8	77.5	30.7
	—	−17.4	24.1	11.0	15.6
Cash from operating activities
	2,797	2,820	2,326	1,959	1,383
	—	−459	−76.5	−173	−212
	—	2,360	2,250	1,787	1,172
	—	626	565	501	352
	—	1,734	1,685	1,285	820
Cash from investing activities
	—	252	238	286	162
	—	0.0	0.0	0.0	−0.4
	—	4.3	8.1	6.1	7.3
	—	0.0	0.0	2.2	0.0
	—	2.7	0.0	0.0	0.0
	—	217	180	190	112
	—	189	169	121	73.8
	—	−140	−701	−297	37.6
	—	15.0	−582	−268	69.1
Cash from financing activities
	—	0.0	100	250	44.6
	—	9.1	8.7	7.0	6.0
	—	2.9	5.9	17.9	13.0
	—	1,483	1,053	859	624
	—	−1,495	−1,168	−1,134	−687
	—	254	−64.8	−117	201
	—	10.8	1.7	20.3	17.8
	—	265	−63.1	−96.8	219
	—	500	237	300	397
Reference items
	2,588	2,595	2,080	1,770	1,248
	20.4%	21.4%	20.0%	19.7%	16.1%
	1,483	1,483	1,447	999	657
	—	1,480	1,341	731	—
	₹53.48	₹53.48	₹52.19	₹36.05	₹23.71
	84.42×	—	—	—	—
	—	0.73×	0.84×	0.75×	0.67×
	—	626	565	501	352
	—	2.9	5.9	17.9	13.0

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

CUMMINSIND₹4,515.20

Cummins India Ltd.

· Capital Goods & Defence

₹ CrorePeersKIRLOSENG GREAVESCOT ENRIN ABB SIEMENS CGPOWER HAL MAZDOCKMcap ₹1.25L Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	142.0	159.2	185.1	198.6	—
+ Finance Costs	16.2	27.4	15.9	12.4	—
+ Interest Income	-73.8	-120.7	-169.3	-188.5	—
+ Fair Value (Gains) / Losses	0.0	0.3	-2.2	2.3	—
+ Share-based Payments	5.2	10.5	15.2	14.4	—
+ Unrealised FX (Gain) / Loss	-14.1	-14.2	5.4	-1.8	—
+ Other Non-cash Items	1.0	0.5	5.8	81.2	—
+ Other — Cash Effects are Investing / Financing	-46.4	-53.8	-52.1	-74.7	—
+ Other Reconciling Items	14.3	1.7	0.0	0.0	—
Changes in Working Capital
+ Inventories	-166.2	-46.0	-83.9	-146.2	—
+ Trade Receivables — Current	-363.4	-520.9	-238.0	-460.1	—
+ Other Financial Assets — Current	7.4	-2.2	-28.5	-14.9	—
+ Other Current Assets	31.4	-54.3	17.7	-49.4	—
+ Trade Payables — Current	173.8	285.3	177.8	57.9	—
+ Other Financial Liabilities — Current	14.6	65.8	67.4	63.9	—
+ Other Current Liabilities	30.7	77.5	-16.8	63.2	—
+ Provisions — Current	15.6	11.0	24.1	-17.4	—
Cash from Operating Activities
Profit Before Tax (per I/S)	1,383.3	1,959.5	2,326.0	2,819.7	2,797.3
+ Total Adjustments (incl. Working Capital)	-211.5	-172.9	-76.5	-459.2	—
Cash from Operations (pre-tax)	1,171.8	1,786.6	2,249.5	2,360.5	—
+ Income Taxes Paid	352.1	501.2	564.7	626.2	—
Cash from Operating Activities	819.6	1,285.3	1,684.9	1,734.3	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	162.1	286.0	238.0	251.7	—
+ Acq of Intangible Assets	-0.4	0.0	0.0	0.0	—
+ Disp of Fixed Assets	7.3	6.1	8.1	4.3	—
+ Acq of Intangibles under Development	0.0	2.2	0.0	0.0	—
+ Acq of Other Long-term Assets	0.0	0.0	0.0	2.7	—
+ Dividends Received — Investing	112.1	190.0	180.0	216.8	—
+ Interest Received — Investing	73.8	120.6	169.3	188.5	—
+ Other Inflows / (Outflows) — Investing	37.6	-296.7	-701.0	-140.2	—
Cash from Investing Activities	69.1	-268.2	-581.7	15.0	—
Cash from Financing Activities
+ Repayment of Borrowings	44.6	250.0	100.0	0.0	—
+ Payment of Lease Liabilities	6.0	7.0	8.7	9.1	—
+ Interest Paid	13.0	17.9	5.9	2.9	—
+ Dividends Paid	623.7	859.3	1,053.4	1,483.0	—
Cash from Financing Activities	-687.3	-1,134.3	-1,168.0	-1,495.1	—
Net Changes in Cash (pre-FX)	201.5	-117.1	-64.8	254.2	—
+ Effect of FX Rate Changes on Cash	17.8	20.3	1.7	10.8	—
Net Changes in Cash	219.3	-96.8	-63.1	265.0	—
Closing Cash	396.7	299.9	236.8	500.0	—
Reference Items
EBITDA	1,247.7	1,769.7	2,080.0	2,594.9	2,587.6
EBITDA Margin %	16.05	19.66	20.02	21.37	20.44
Free Cash Flow (CFO − Capex)	657.2	999.3	1,446.8	1,482.6	1,482.6
Free Cash Flow to Equity	—	731.4	1,341.0	1,479.6	—
Free Cash Flow per Basic Share	23.71	36.05	52.19	53.48	53.48
Price to Free Cash Flow	—	—	—	—	84.42
Cash Flow to Net Income	0.67	0.75	0.84	0.73	—
Cash Paid for Taxes	352.1	501.2	564.7	626.2	—
Cash Paid for Interest	13.0	17.9	5.9	2.9	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.