Cummins India Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, accompanied by an Independent Practitioner’s Reasonable Assurance report provided by Price Waterhouse & Co Chartered Accountants LLP. The disclosure was made pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The BRSR is an integral part of the company's Annual Report for FY26.

The Annual Report, which encompasses the BRSR, is accessible on the company’s official website. The filing was signed by Vinaya A. Joshi, Company Secretary & Compliance Officer, on July 09, 2026.

Key Details of the Filing

Cummins India Limited delivered record revenue and profitability in FY 2025-26, driven by strong domestic demand, operational discipline and sustained execution of its profitable growth strategy under the theme "Power to Lead with Purpose." The company's 65th Annual General Meeting (AGM) is scheduled to be held on Thursday, August 6, 2026, at 11:30 a.m. (IST) through Video Conferencing/Other Audio Visual Means facility.

Record Financial Performance in FY 2025-26

The company reported its highest-ever annual revenue and profitability, with broad-based growth across domestic and export markets. The following table summarises key standalone and consolidated financial highlights:

On a standalone basis, profit before taxation stood at ₹3,054.39 Crore compared to ₹2,496.14 Crore in the previous year. Net profit after tax was ₹2,330.18 Crore versus ₹1,905.78 Crore previously. On a consolidated basis, profit before taxation was ₹3,085.95 Crore (previous year: ₹2,592.81 Crore), with consolidated net profit of ₹2,361.75 Crore compared to ₹1,999.94 Crore.

Dividend and Capital Structure

The Board of Directors has recommended a final dividend of ₹46 per equity share (2,300%) of face value ₹2 each, in addition to the interim dividend of ₹20 per equity share (1,000%) declared on February 4, 2026, aggregating to a total dividend of ₹66 per equity share (3,300%) for FY 2025-26. This compares to ₹51.50 per equity share in the previous year. The final dividend is subject to shareholder approval at the ensuing AGM.

The paid-up share capital of the company stands at ₹55,44,00,000, divided into 27,72,00,000 fully paid-up equity shares of ₹2 each as on March 31, 2026. The closing balance of reserves, including retained earnings, as at March 31, 2026, was ₹7,842.37 Crore.

Business Performance Highlights

The company's performance was broad-based across its key business segments:

Power Generation: Cummins India delivered 26,000+ gensets across India in FY 2025-26, with increased traction for CAQM-compliant and datacentre-focused product offerings. The dealer channel expanded from 127 dealers in FY 2024-25 to 133 dealers in FY 2025-26.

Industrial Business: The marine segment recorded its highest-ever annual sales, driven by robust execution of complex projects for both government and commercial shipyards, with order intake also at a record high. The rail segment remained the largest contributor to domestic Industrial Markets business revenues.

Distribution Business: The Distribution Business Unit achieved a Net Promoter Score (NPS) of 90%, described as the highest-ever globally, reflecting customer loyalty and service excellence. Total service orders in FY 2025-26 stood at 877,569.

Exports: Export revenue growth was driven by strong demand for low-horsepower products in Africa, the Middle East, and Europe, alongside continued traction for high-horsepower PowerGen solutions across key international markets.

Key Corporate Developments

Joint venture Valvoline Cummins Private Limited (50% holding) generated revenue of ₹3,010.66 Crore for the year ended March 31, 2026, compared to ₹2,353.37 Crore in the previous year, a 28% increase. Associate company Cummins Generator Technologies India Private Limited (48.74% holding) generated revenue of ₹2,334.16 Crore, up 16% from ₹2,011.89 Crore.

Key Financial Ratios

65th AGM and Statutory Auditor Reappointment

The 65th AGM is scheduled for August 6, 2026, with a record date of July 17, 2026, for the final dividend. Remote e-voting will be available from August 2, 2026, to August 5, 2026. The Board has proposed the reappointment of M/s. Price Waterhouse & Co Chartered Accountants LLP as Statutory Auditors for a second term of five consecutive years from the conclusion of the 65th AGM to the conclusion of the 70th AGM, subject to shareholder approval. The proposed audit fee for FY 2026-27 is ₹2.15 Crore. Shareholder approval is also being sought for material related party transactions with Cummins Technologies India Private Limited (up to ₹4,092.99 Crore), Tata Cummins Private Limited (up to ₹2,358.58 Crore), Cummins Limited, UK (up to ₹2,590.85 Crore), and Cummins Inc., USA (up to ₹1,548.95 Crore) for FY 2026-27.

Sustainability and ESG Highlights

Cummins India generated a total of 60,08,042 kWh of electricity from onsite solar installations during FY 2025-26, with a cumulative installed solar capacity of 6,363.4 kWp across facilities. The company achieved its target of doubling outreach in aspirational districts, growing from 7 villages in FY 2022-23 to 33 villages by FY 2025-26. Total CSR obligation for FY 2025-26 was ₹37,10,49,515, of which ₹36,79,00,040 was spent on ongoing CSR projects. The company was recognised as a Gold Employer in the India Workplace Equality Index (IWEI) 2025 for the third consecutive time.