Cummins India vs Suzlon Energy: share price, P/E, ROE and financials compared
Cummins India
Suzlon Energy
Cummins India and Suzlon Energy at a glance
Cummins India and Suzlon Energy are both listed in Capital Goods. Cummins India is the larger by market cap, at ₹1.1L Cr against ₹53,337 Cr for Suzlon Energy (2.1 times as large). On valuation, Suzlon Energy has the lower P/E (23.7× against 49.8×) and the lower price-to-book (5.13× against 13.52×). On returns and margins, Cummins India has the higher ROCE (35.0% against 24.8%), the higher ROE (29.5% against 24.9%) and the higher operating margin (20.6% against 16.7%). Over three years, Cummins India has faster 3-year profit growth (+24.3% against +3.5% a year), while Suzlon Energy has faster 3-year sales growth (+41.4% against +16.1% a year). Cummins India carries less debt for its equity, with a debt-to-equity of 0.00× against 0.07×.
Key metrics, side by side
| Metric | Cummins IndiaCUMMINSIND | Suzlon EnergySUZLON |
|---|---|---|
| Price (₹) | 4,048.80 | 38.80 |
| Market cap (₹ Cr) | 1,12,233 | 53,337 |
| P/E | 49.8× | 23.7× (the lower figure, shaded) |
| P/B | 13.52× | 5.13× (the lower figure, shaded) |
| Dividend yield, trailing | 1.63% (the higher figure, shaded) | 0.00% |
| ROE | 29.5% (the higher figure, shaded) | 24.9% |
| ROCE | 35.0% (the higher figure, shaded) | 24.8% |
| Operating margin (OPM) | 20.6% (the higher figure, shaded) | 16.7% |
| Net margin (NPM) | 18.7% (the higher figure, shaded) | 12.3% |
| Sales CAGR 3Y | +16.1% | +41.4% (the higher figure, shaded) |
| Profit CAGR 3Y | +24.3% (the higher figure, shaded) | +3.5% |
| Debt to equity | 0.00× (the lower figure, shaded) | 0.07× |
| Interest cover | 249.7× (the higher figure, shaded) | 11.8× |
| Net profit TTM (₹ Cr) | – | 2,259 |
| 1Y return | −6.0% (the higher figure, shaded) | −35.7% |
| Promoter holding | 51.00% | 11.70% |
Cummins India vs Suzlon Energy: common questions
Which is bigger, Cummins India or Suzlon Energy?
By market cap, Cummins India is bigger at ₹1.1L Cr, against ₹53,337 Cr for Suzlon Energy (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Cummins India or Suzlon Energy?
Cummins India trades at a P/E of 49.8× and Suzlon Energy at 23.7×. Suzlon Energy has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Cummins India or Suzlon Energy?
Cummins India reports a return on equity of 29.5% and Suzlon Energy 24.9%. Cummins India has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Cummins India or Suzlon Energy?
Over the last three years: Sales grew +16.1% a year at Cummins India and +41.4% at Suzlon Energy, so Suzlon Energy grew sales faster; profit grew +24.3% a year at Cummins India and +3.5% at Suzlon Energy, so Cummins India grew profit faster. Past growth doesn’t predict future growth.