CUMMINSINDNSECummins India Limited· Diesel EnginesHighPositive
Announced Wed, 27 May · 14:57 IST

Cummins India Limited has informed the Exchange about Final Dividend of Rs. 46 per equity share

Corporate Actions View source PDF

CUMMINSIND · price

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Price reaction · full curve 14 horizons · vs prior close
+9.2%1-day move
₹5401.00
prior close
₹5990.50
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AI summary

Cummins India Limited's Board approved final dividend of Rs. 46 per share (up 37% from Rs. 33.50 in prior year), payable in addition to the Rs. 20 interim dividend already declared, totaling Rs. 66 per share for FY2026. The company reported strong FY2026 standalone revenue of Rs. 11,950 crore (up 17% YoY) and standalone profit after tax of Rs. 2,330 crore (up 22% YoY), with EPS of Rs. 84.06. The Board also re-appointed Price Waterhouse & Co as statutory auditors for a second 5-year term and appointed Joshi Apte & Associates as cost auditors. The record date for determining dividend-eligible shareholders is July 17, 2026, with payment to be made before September 4, 2026, subject to shareholder approval at the August 6, 2026 AGM.

Likely market impact

The 37% increase in final dividend signals management confidence in sustained earnings growth, with total dividend of Rs. 66 per share representing a healthy payout. The strong 22% PAT growth and robust cash generation position the stock favorably for income-focused investors.