Cummins India Management Guidance Tracker

Management expects double-digit growth for the full year FY26, driven by domestic demand, though exports remain cautious.

Management expects full-year FY26 revenue to grow in double digits over FY25, supported by demand across key segments.

Gross margins are expected to sustain at current levels if volumes continue, supported by cost optimization and operational leverage.

Capex will continue at similar levels to past years (around ₹225 crore annually) for capacity expansion and line upgrades.

For FY27, management targets double-digit growth in the domestic market, citing positive GDP outlook and budget capex.