Earnings Alerts

Cummins India (KKC) Earnings Surge: Q4 Net Income Soars by 76%

  • Net Income: Cummins India reported a net income of 5.62 billion rupees for Q4 2024, a 76% increase year-over-year, surpassing the estimated 3.54 billion rupees.
  • Revenue: The company’s revenue reached 22.7 billion rupees, a 20% increase compared to the previous year, and exceeded the estimated 21.62 billion rupees.
  • Total Costs: Total costs for the quarter were 18.2 billion rupees, reflecting an 11% rise from the previous year.
  • Other Income: Cummins India‘s other income was 2.04 billion rupees, marking a 57% year-over-year increase.
  • Dividend: The company declared a dividend of 20 rupees per share.
  • Analyst Recommendations: The company has 12 buy ratings, 7 hold ratings, and 7 sell ratings from analysts.

Cummins India on Smartkarma

Analyst coverage of Cummins India on Smartkarma by Brian Freitas, a top independent analyst, indicates a bullish sentiment towards the company. In his research report titled “NIFTY200 Momentum30 Index Rebalance Preview”, Freitas highlights potential changes in the Nifty200 Momentum 30 Index, with 13 changes expected in June. The report suggests that the potential additions to the index have been outperforming the potential deletions significantly since January. The upcoming general election results pose a risk to the long/short trade strategy related to these index changes.

Investors tracking Cummins India can benefit from the insights provided by Freitas on Smartkarma regarding the Nifty200 Momentum30 Index. By staying informed about the potential turnover and market implications of these index changes, market participants can make informed investment decisions. Freitas’s bullish stance on the performance of potential additions to the index adds value to the understanding of market dynamics surrounding Cummins India and other companies included in the Nifty200 Momentum 30 Index.


A look at Cummins India Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have assessed Cummins India‘s long-term outlook using their Smart Scores. With a positive overall outlook, the company received high scores in Dividend, Growth, Resilience, and Momentum, indicating strength across these key factors. Cummins India has been recognized for its consistent dividend payments, strong growth potential, resilience in turbulent markets, and favorable momentum in stock performance.

Cummins India Limited, a manufacturer of internal combustion engines and passenger vehicles, stands out with its solid performance across various metrics according to Smartkarma’s Smart Scores. The company’s focus on value creation, robust dividend payouts, growth prospects, resilience to market challenges, and positive momentum imply a promising future for investors eyeing long-term stability and growth in the engineering and automotive sectors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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