CUMMINSINDBSECUMMINS INDIA LTDMediumNeutral
Announced Tue, 11 Aug · 17:23 IST

Q1 FY27 call: revenue up 18%, margins under commodity pressure

Mgmt Guided Margin PressureOrder Pipeline DisclosedMgmt Evaded Key QuestionInvestor Communications View source PDFExplain this filing

CUMMINSIND · price

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹5370.50
prior close
₹5366.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.1+0.3-0.1-1.0+0.5+1.5-0.4-2.8-4.9
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AI summary

Cummins India Q1 FY27 sales at INR3,375 cr, up 18% YoY, domestic up 22%, exports flat. Power gen domestic up 35%, with data centers contributing 40% of segment revenue versus 23% year ago. PBT marginally lower by 0.7% as steel, pig iron, copper inflation hurt margins. One price hike taken in Q2, more possible. Rail strong, mining picking up, West Asia crisis hit Middle East exports. Utilization at 70-75%. MD Shveta Arya departing, successor being appointed.

Likely market impact

Strong top-line led by data center demand, but commodity costs continue to squeeze margins. Leadership transition adds near-term uncertainty.