Cummins India FY26: ₹11,950 Cr Revenue, ₹66 Dividend

AGM notice, e-voting details, and FY26 results in focus

Cummins India Limited (CUMMINSIND) has released a set of shareholder updates around its 65th Annual General Meeting (AGM), including newspaper notices and detailed e-voting arrangements. The company said it published notices in leading English and Marathi newspapers and uploaded the AGM notice and voting information on its website. The disclosures were also made to both BSE and NSE.

Alongside the governance and meeting updates, the company’s FY 2025-26 financial performance and dividend proposal form the main agenda for shareholders. Cummins India reported record revenue and profitability for the year, and its Board declared a total dividend of ₹66 per share. The 65th AGM is scheduled for August 6, 2026, and will be held through video conferencing and other audio-visual means.

What the company disclosed to exchanges

Cummins India’s exchange filing states that shareholders will have access to the AGM notice and e-voting instructions in advance, including eligibility and cut-off dates. The company also highlighted compliance with SEBI listing regulations and its stated focus on transparent communication. In a separate communication, the company noted it initiated dispatch of its FY 2025-26 Annual Report using a web link and a QR code for shareholders who have not registered email addresses.

The AGM communication is also supported by a newspaper publication. The company enclosed copies of advertisements published in Business Standard (English, all editions) and Loksatta (Marathi, Pune edition) dated June 27, 2026, informing investors about the VC/OAVM meeting format and related processes.

FY 2025-26 performance: record revenue and profit growth

For FY 2025-26, Cummins India reported record revenue of ₹11,950 crore, up 18% year-on-year. Standalone net profit for the year rose to ₹2,330.18 crore. Profit before exceptional items and tax was reported at ₹3,104 crore, up 24%.

The company attributed the record performance to strong domestic demand, operational discipline, and execution of its growth strategy. It also referenced the theme “Power to Lead with Purpose” while describing the year’s performance and operating approach.

Dividend: ₹46 final plus ₹20 interim totals ₹66

The Board recommended a final dividend of ₹46 per equity share (face value ₹2 each). This is in addition to an interim dividend of ₹20 per equity share declared on February 4, 2026. Together, the total dividend for FY 2025-26 stands at ₹66 per equity share.

The company also disclosed the comparison with the previous year’s total dividend of ₹51.50 per equity share. The final dividend is subject to shareholder approval at the 65th AGM. Cummins India added that dividend payment will be made through electronic mode only, and it urged shareholders to update KYC details to enable electronic credit.

AGM schedule and meeting format

Cummins India said its 65th AGM will be held on Thursday, August 6, 2026 at 11:30 a.m. IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company referenced Ministry of Corporate Affairs General Circular 03/2025 dated September 22, 2025, read with other circulars, for conducting the AGM through electronic means.

Electronic copies of the AGM notice and the Annual Report are being sent via email to shareholders with registered email addresses. For shareholders without registered emails, the Annual Report can be accessed through a web link and QR code as communicated by the company. The AGM notice and Annual Report were also stated to be available on NSDL’s e-voting site and on the BSE and NSE websites.

E-voting window, cut-off date, and record date

The company disclosed a cut-off date of July 30, 2026 for e-voting and AGM participation. Remote e-voting will be open from August 2, 2026 at 9:00 a.m. IST to August 5, 2026 at 5:00 p.m. IST.

For the final dividend of ₹46 per share, Cummins India set July 17, 2026 as the record date. The dividend payment date was not confirmed in the communication, but the company stated payment will be made through electronic mode.

Statutory auditor reappointment on the agenda

One of the key AGM items is the proposed reappointment of M/s Price Waterhouse & Co Chartered Accountants LLP as Statutory Auditors. The company stated the reappointment is 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.

Auditor reappointment resolutions often draw attention because they directly relate to audit continuity, governance, and statutory compliance. In Cummins India’s case, the company has placed the proposal for shareholder voting at the upcoming AGM.

Material related party transactions proposed for FY 2026-27

Cummins India also stated that shareholder approval is being sought for material related party transactions aggregating over ₹10,591 crore for FY 2026-27 with key group entities. The filing lists entity-wise limits for the proposed transactions, which will be placed for shareholder approval.

These approvals matter because they set the permissible transaction ceiling with related parties under the listing and corporate governance framework. The company has provided the transaction limits in advance of the AGM to enable shareholders to review and vote.

Key facts at a glance

Related party transactions: entity-wise limits disclosed

Why these updates matter for investors

The combination of AGM process disclosures, dividend timelines, and FY26 performance provides shareholders a consolidated view of what is being placed for approval and when. The company’s newspaper advertisements and online posting of AGM materials address access and compliance expectations, particularly for investors who rely on public notices.

For shareholders, the practical checkpoints are the record date for dividend eligibility, the cut-off date for e-voting, and the remote voting window. The agenda also includes decisions that relate to governance and oversight, including statutory auditor reappointment and approvals for material related party transactions.

Conclusion

Cummins India has set out key dates and approvals for its 65th AGM on August 6, 2026, while reporting record FY 2025-26 revenue of ₹11,950 crore and declaring a total dividend of ₹66 per share. Shareholders will vote on the final dividend, the auditor reappointment proposal, and material related party transaction limits for FY 2026-27. The next formal step is shareholder participation and voting through the disclosed e-voting schedule ahead of the AGM.