StoxCummins India vs Ashok Leyland: share price & financials comparison
NSE: CUMMINSIND vs ASHOKLEY · Capital Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Cummins India vs Ashok Leyland at a glance
Cummins India (CUMMINSIND) has a market capitalisation of ₹1,12,233 Cr, against ₹1,01,084 Cr for Ashok Leyland (ASHOKLEY). Over the past year Ashok Leyland has returned +23.4%, compared with -7.1% for Cummins India. On valuation, Ashok Leyland trades at a lower P/E of 29.1 versus 49.8. Cummins India earns a higher return on equity (27.1% vs 24.4%). Cummins India comes out ahead on profitability. Ashok Leyland comes out ahead on size, valuation, growth and technicals. Across the scored metrics below, Cummins India leads on 5 and Ashok Leyland on 12. On StoxGud's 10-point checklist, Cummins India scores 4/10 and Ashok Leyland scores 6/10.
| Metric | Cummins India | Ashok Leyland |
|---|---|---|
| Size | ||
| Market cap | ₹1,12,233 Cr | ₹1,01,084 Cr |
| Revenue (latest FY) | ₹12,143 Cr | ₹56,362 Cr |
| Net profit (latest FY) | ₹2,362 Cr | ₹3,471 Cr |
| Valuation | ||
| P/E | 49.8 | 29.1 |
| P/B | 13.52 | 7.10 |
| Dividend yield | 1.32% | 1.82% |
| Profitability | ||
| Return on equity | 27.1% | 24.4% |
| Net profit margin | 17.6% | 6.0% |
| Operating margin | 18.8% | 19.0% |
| Growth | ||
| Revenue growth (YoY) | +4.1% | +11.6% |
| Net profit growth (YoY) | -18.5% | +0.8% |
| Revenue CAGR (multi-year) | +22.7% | +23.7% |
| Financial health | ||
| Debt to equity | 0.00 | 4.49 |
| Momentum | ||
| 1-month return | -16.9% | +15.3% |
| 1-year return | -7.1% | +23.4% |
| 3-year CAGR | +32.9% | +26.7% |
| 5-year CAGR | +34.8% | +18.7% |
| 10-year CAGR | +17.1% | +14.4% |
| Distance from 52W high | -32.8% | -18.8% |
| Technicals | ||
| RSI (14) | 34 | 81 |
| Price vs 200-day avg | -19.5% | +2.4% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Cummins India | Ashok Leyland |
|---|---|---|
| Price above 50-day average | ✗ | ✓ |
| Price above 200-day average | ✗ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✗ | ✓ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✓ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✗ |
| P/E below industry median | ✗ | ✓ |
| Score | 4/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Cummins India or Ashok Leyland?
Cummins India has a market cap of ₹1,12,233 Cr and Ashok Leyland has a market cap of ₹1,01,084 Cr as of 06 Nov 2026.
Which has a lower P/E, Cummins India or Ashok Leyland?
Ashok Leyland has the lower P/E: Cummins India trades at 49.8 and Ashok Leyland at 29.1.
Which gave better returns in the last year, Cummins India or Ashok Leyland?
Ashok Leyland did better: Cummins India returned -7.1% and Ashok Leyland returned +23.4% over one year.
Is Cummins India or Ashok Leyland a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Cummins India scores 4/10 and Ashok Leyland scores 6/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.