Cummins India Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Rs. 46 per equity share.
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Cummins India Limited's Board of Directors has recommended a final dividend of Rs. 46 per equity share (face value Rs. 2 each) for FY 2025-26, up 37% from Rs. 33.50 in the previous year. This is in addition to an interim dividend of Rs. 20 per share already declared in February 2026, making total dividend for the year Rs. 66 per share (vs Rs. 51.50 in FY 2024-25). For context, the company reported standalone revenue of Rs. 11,949.73 crore (up 17% YoY) and standalone PAT of Rs. 2,330.18 crore (up 22% YoY). The record date for eligibility is July 17, 2026, and the 65th AGM will be held on August 6, 2026. Auditors gave unmodified opinion on financial results.
The 37% increase in final dividend signals strong financial health and cash generation, which is positive for shareholder returns. The stock may see modest support from income-focused investors given the higher payout, though the absolute yield remains modest relative to the stock price.