Tata Cummins Pvt Ltd
Fortune 500 2023
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OVERVIEW
FINANCIALS
About
Tata Cummins is a manufacturing company established as a joint venture between Tata Motors and US-based Cummins Inc. The company was founded in 1993. Tata Cummins is under the leadership of Chair and CEO Jennifer Rumsey. The company has its headquarters in Pune. Tata Cummins operates through three advanced manufacturing facilities in Jamshedpur and Phaltan. The company’s diverse products include engines, generators, power systems, automotive components, and servicing. It produces approximately 300000 engines annually. Tata Cummins has a global presence in approximately 190 countries and territories. The company is currently developing and manufacturing low-to-zero emissions technology products and hydrogen-powered combustion engines.
Incorporation Year: 1993
Headquarters: Bangalore
Top Management: Chair and CEO Jennifer Rumsey
Industry: Construction (Ancillary)
Featured In Fortune India Ranking
Fortune 500 India
#311(2023)
#311(2023)
Financial Data 2023
Revenue
6,822
(INR Cr)
Net Operating Income
6,773
(INR Cr)
Assets
2,754
(INR Cr)
Profit
460
(INR Cr)
Net Worth
1,473
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6822 31.8% | 5177 64.2% | 3154 -3.3% | 3261 -45.5% | 5979 19.3% | 5011 41.7% | 3536 -1.0% | 3570 87.0% | 1909 -15.3% | 2253 -30.5% | 3241 31.4% | 2466 37.1% | 1798 54.1% | 1167 - |
| Net Operating Income (INR Cr) | 6773 33.29% | 5081 64.50% | 3089 -3.90% | 3214 -45.01% | 5845 18.34% | 4939 42.59% | 3464 -1.26% | 3508 0.00% | 1880 -16.39% | 2249 -30.23% | 3223 31.59% | 2450 37.36% | 1783 54.58% | 1154 0.00% |
| Profit (INR Cr) | 460 49.6% | 308 117.6% | 141 75.6% | 81 -68.5% | 256 47.5% | 173 178.5% | 62 -10.7% | 70 150.2% | 28 42.0% | 20 -83.2% | 116 -3.7% | 121 15.3% | 105 397.5% | 21 - |
| Assets (INR Cr) | 2754 -1.2% | 2786 4.2% | 2675 27.3% | 2102 1.6% | 2068 -0.7% | 2082 8.7% | 1915 20.3% | 1592 55.4% | 1024 17.2% | 874 12.2% | 779 27.0% | 613 62.5% | 378 -20.1% | 473 - |
| Net Worth (INR Cr) | 1473 -1.0% | 1488 17.6% | 1266 13.7% | 1113 6.4% | 1046 14.1% | 917 20.1% | 764 4.7% | 730 0.0% | 666 13.1% | 589 13.1% | 521 19.6% | 436 15.4% | 378 16.1% | 325 0.0% |
| Employee Cost (INR Cr) | 315 14.2% | 276 17.9% | 234 -10.7% | 262 9.9% | 239 21.1% | 197 21.8% | 162 24.6% | 130 27.2% | 102 6.1% | 96 14.3% | 84 12.9% | 75 58.1% | 47 7.8% | 44 - |
| Interest Cost (INR Cr) | 10 | 17 | 23 | 14 | 11 | 21 | 39 | 42 | 5 | 14 | 11 | 0 | 4 | 7 |
| Cash & Bank Balance (INR Cr) | 55 | 49 | 59 | 130 | 131 | 60 | 6 | 15 | 4 | 4 | 47 | 20 | 3 | 5 |
| Total Debt (INR Cr) | 1056 | 1103 | 1210 | 600 | 728 | 890 | 861 | 612 | 318 | 249 | 221 | 149 | 0 | 148 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.8% | 5.9% | 4.5% | 2.5% | 4.3% | 3.5% | 1.8% | 2.0% | 1.5% | 0.9% | 3.6% | 4.9% | 5.8% | 1.8% |
| Profit As % Of Assets | 16.7% | 11.0% | 5.3% | 3.8% | 12.4% | 8.3% | 3.3% | 4.4% | 2.7% | 2.2% | 15.0% | 19.7% | 27.8% | 4.5% |
| Profit As % Of Networth | 31.2% | 20.7% | 11.2% | 7.2% | 24.4% | 18.9% | 8.1% | 9.6% | 4.2% | 3.3% | 22.4% | 27.8% | 27.8% | 6.5% |
| Interest Cost to EBITDA % | 1.4% | 3.2% | 7.7% | 8.7% | 2.5% | 6.1% | 19.2% | 19.8% | 6.1% | 13.7% | 5.1% | 0.2% | 2.2% | 9.5% |
| Debt to Equity Ratio | 0.72 | 0.74 | 0.96 | 0.54 | 0.70 | 0.97 | 1.13 | 0.84 | 0.48 | 0.42 | 0.42 | 0.34 | - | 0.45 |
| RONW | 31.1% | 22.4% | 11.9% | 7.5% | 26.0% | 20.6% | 8.3% | 9.6% | 4.4% | 3.5% | 24.4% | 29.8% | 29.9% | 6.5% |
| ROCE | 22.4% | 15.7% | 8.8% | 4.2% | 20.5% | 13.3% | 7.6% | 8.9% | 3.4% | 5.4% | 25.4% | 35.9% | 38.8% | 8.7% |