Cummins India Ltd.

Financial

	Cummins India	Greaves Cotton	Bharat Bijlee
Operational Metrics
Financials
5 yr Average ROE	17.3 %	6.2 %	5.05 %
5yr average Equity Multiplier	1.37	1.71	1.53
5yr Average Asset Turnover Ratio	0.87	1.23	0.7
5yr Avg Net Profit Margin	14.42 %	2.9 %	4.64 %
Price to Book	14.93	2.39	2.5
P/E	59.32	0.0	33.49
5yr Avg Cash Conversion Cycle	30.33 Days	-24.52 Days	113.5 Days
Inventory Days	41.01 Days	33.03 Days	73.68 Days
Days Receivable	67.04 Days	23.83 Days	93.65 Days
Days Payable	81.76 Days	91.66 Days	59.33 Days
5yr Average Interest Coverage Ratio	70.72	20.35	4.14
5yr Avg ROCE	18.93 %	11.07 %	9.32 %
5yr Avg Operating Profit Margin	18.73 %	8.77 %	9.74 %
5 yr average Debt to Equity	0.06	0.07	0.26
5yr CAGR Net Profit	10.59 %	-13.88 %	14.91 %
5yr Average Return on Assets	12.59 %	4.2 %	3.3 %
Shareholdings
Promoter Holding	51.0 %	56.0 %	33.72 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.37 %	0.27 %
Change in Mutual Fund Holding (3 Yrs)	2.77 %	-4.1 %	2.26 %

Business

	Cummins India	Greaves Cotton	Bharat Bijlee
Product Wise Break-Up	Product Wise Break-Up Engine 81.75 Lubes 18.25 Cables & Control Levers 0 After market 0 Electric mobility 0 Drive Systems 0 Magnet Technology Machines 0 Transformers 0 Electric Motors 0	Product Wise Break-Up Cables & Control Levers 11.09 Lubes 0 After market 0 Transformers 0 Electric Motors 0 Engine 0 Magnet Technology Machines 0 Drive Systems 0 Electric Motors 22.06 Others 66.85	Product Wise Break-Up Cables & Control Levers 0 Lubes 0 After market 0 Transformers 44.02 Electric Motors 49.4 Engine 0 Magnet Technology Machines 3.95 Drive Systems 2.63 Electric mobility 0
Location Wise Break-Up	Location Wise Break-Up India 76.4 Rest of the World 23.6	Location Wise Break-Up Rest of the World 1.97 India 98.03	Location Wise Break-Up Rest of the World 1.75 India 98.25
Operating Profit Break-Up	Operating Profit Break-Up Engines 89.8 Cables & Control Levers 0 Electric Mobility 0 Industrial Systems 0 Power Systems 0 Others 10.2	Operating Profit Break-Up Cables & Control Levers 21.4 Industrial Systems 0 Power Systems 0 Engines 78.6 Electric Mobility 0	Operating Profit Break-Up Cables & Control Levers 0 Industrial Systems 32.67 Power 67.33 Engines 0 Electric Mobility 0
Net Profit Break-Up	Net Profit Break-Up Engine 90.0 Lubes 10.0	-	-