Cummins India Limited · NSE:CUMMINSIND
Cummins India — Shareholder Meeting (August 2024)
17 slides from Cummins India's shareholder meeting presentation, Aug 7, 2024
Slide 1: Exchange filing cover letter for AGM presentation
Ref: STEX/SECT/2024 August 07, 2024 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Fort, Bandra – Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 BSE Scrip Code: 500480 NSE Symbol: CUMMINSI
Slide 2: Cummins India Limited 63rd Annual General Meeting
August 7, 2024 CUMMINS INDIA LIMITED 63rd ANNUAL GENERAL MEETING Ashwath Ram Managing Director, Cummins India Limited Public 1
Slide 3: Agenda
AGENDA Cummins Inc. – Q2 2024 Financial performance Cummins India Limited (CIL) – Our Story and Commitment to ‘Power Progress Possibilities’ CIL – Business Highlights, Awards and FY2023-24 Financial Performance CIL Growth Strategy CIL – Business Responsibility and Sustainability Report Highlights 20
Slide 4: Cummins Inc. Q2 2024 Financial Performance
CUMMINS INC. FINANCIAL PERFORMANCE Revenue: $8.8 billion EBITDA*: $1.3 billion, 15.3% of sales Increased 2% from Q2’23 Compared to $1.3 billion, 15.1% of sales in Q2’23 Cummins Inc. Q2 2024 performance Q2 2024 CMI EARNINGS CONFERENCE CALL was held on *EBITDA is earnings before interest, taxes, depre
Slide 5: Committed to Power, Progress, Possibilities
CUMMINS INDIA LIMITED COMMITTED TO POWER, PROGRESS, POSSIBILITIES 4
Slide 6: Our Story
CUMMINS INDIA LIMITED OUR STORY OUR MISSION OUR VISION OUR VALUES Making people’s lives Integrity, Innovating for our better by powering a Diversity & Inclusion, customers to power more prosperous Excellence, their success world Caring and Teamwork BRAND PROMISE Powering our customers through innova
Slide 7: Power, Progress, Possibilities.
CUMMINS INDIA LIMITED POWER, PROGRESS, POSSIBILITIES. Public 6
Slide 8: FY 2023-24 Key Business Highlights
CUMMINS INDIA LIMITED FY 2023-24 KEY BUSINESS HIGHLIGHTS Launched full range of CPCBIV+ compliant power solutions and installed and commissioned 2000+ 26,000+ Strong presence in end markets like Railways, Defence, Marine, Mining and more units generator sets delivered Launched Ashwasan IV+, Data Dev
Slide 9: Business Responsibility and Sustainability Report Highlights FY 2023-24
CUMMINS INDIA LIMITED POWERING PROGRESS, Environmental Social Governance PROTECTING THE PLANET 100% Waste Recycling with 340,000+ 55.56% people benefitted women representation no landfill waste through 10 Corporate BUSINESS in our Board of Responsibility RESPONSIBILITY AND Zero Liquid projects Direc
Slide 10: FY 2023-24 Awards and Recognitions
CUMMINS INDIA LIMITED FY 2023-24 AWARDS AND RECOGNITIONS 'Excellence in Quality' award in the Large Enterprises category at the Annual Manufacturing Today India Conference and Golden Peacock Awards 2023 Occupational Health and Safety Award 2023 in the engineering sector ‘Excellence in Functional Cha
Slide 11: Financial Performance FY 2023-24
CUMMINS INDIA LIMITED FINANCIAL PERFORMANCE FY 2023-24 Revenue Cash generated from operations ₹ 8,816 Cr Profit before Interest Tax ₹ 1,280 Cr Dividend ₹ 2,172 Cr 1,900% 10
Slide 12: Revenue and PBIT Trend
CUMMINS INDIA LIMITED REVENUE AND PBIT TREND Revenue CAGR: 21% Figures are in ₹ Crores 8,500 2,500 7,500 2,172 6,500 2,000 5,500 1,522 1,500 4,500 3,500 1,038 1,000 2,500 1,500 500 500 6,026 7,612 8,816 -500 FY 2022 FY 2023 FY 2024 - Revenue PBIT Sales: FY 2024 recorded highest revenue third year in
Slide 13: Domestic vs Exports Trend
CUMMINS INDIA LIMITED DOMESTIC VS EXPORTS TREND Figures are in ₹ Crores Domestic CAGR Exports CAGR 27% 1.9% 8,816 1,673 CAGR: 21% 7,612 2,050 6,026 26% 7,143 1,610 5,562 4,416 68% 74% FY 2022 FY 2023 FY 2024 Domestic Export Total 12
Slide 14: Dividend Trend
CUMMINS INDIA LIMITED DIVIDEND TREND Figures are in ₹ Crores 1,200 2000% 1900% 1800% 1,000 1600% 1400% 800 1250% 1200% 600 1000% 925% 1,053 800% 400 693 600% 513 400% 200 200% - 0% FY 2022 FY 2023 FY 2024 Excluding Dividend Distribution tax 13
Slide 15: Growth Strategy
CUMMINS INDIA LIMITED GROWTH STRATEGY Profitable growth H2 Grow the Grow the After-market India for the Hydrogen BESS, Power-gen Industrial Globe (e.g., Rail fuel Electrification core core cells) solutions (e.g., Rail, Mining, grid storage) Cost Material Footprint Value selling variabalisation effic
Slide 16: We Will Continue to Live Our Values and Deliver on Our Brand Promise
CUMMINS INDIA LIMITED WE WILL CONTINUE TO LIVE OUR VALUES AND DELIVER ON OUR BRAND PROMISE OF INNOVATION AND DEPENDABILITY 60+ YEARS OF GLOBAL EXPERIENCE YOU ENGINEERED FOR INNOVATION FOOTPRINT CAN DEPEND ON THE CUSTOMER SERVICE DIGITAL DIVERSITY, EQUITY POWERING A AND SOLUTIONS & INCLUSION SUSTAINA
Slide 17: Thank You for Your Trust and Partnership
THANK YOU FOR YOUR TRUST AND PARTNERSHIP 16