{"id":275062,"date":"2026-09-28T13:43:32","date_gmt":"2026-09-28T08:13:32","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=275062"},"modified":"2026-09-28T13:43:32","modified_gmt":"2026-09-28T08:13:32","slug":"cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/","title":{"rendered":"Cummins India vs Kirloskar Oil Engines vs Elecon Engineering: Which Stock Should You Track"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Cummins India PE 58.03, mkt cap Rs 1,37,380 crore. Kirloskar Oil Engines PE 58.15, mkt cap Rs 31,090 crore. Elecon Engineering PE 43.51, mkt cap Rs 10,272 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Cummins India vs Kirloskar Oil Engines vs Elecon Engineering is a side-by-side comparison of three companies from the Industrial Machinery and Engines space. On this comparison, Cummins India carries a market capitalisation of about Rs 1,37,380 crore against Rs 31,090 crore for Kirloskar Oil Engines and Rs 10,272 crore for Elecon Engineering, with return on equity of 27.87%, 15.86% and 14.79% respectively. Each company&#8217;s numbers are presented here without a declared better pick, since the right stock depends on an investor&#8217;s own criteria.<\/p>\n<\/div>\n<p>Cummins India vs Kirloskar Oil Engines vs Elecon Engineering starts with the core numbers most investors compare within the Industrial Machinery and Engines segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.<\/p>\n<p>All three names sit in the Industrial Machinery and Engines bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Cummins_India_Kirloskar_Oil_Engines_and_Elecon_Engineering_Company_Overview\" title=\"Cummins India, Kirloskar Oil Engines and Elecon Engineering: Company Overview\">Cummins India, Kirloskar Oil Engines and Elecon Engineering: Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Cummins_India_vs_Kirloskar_Oil_Engines_vs_Elecon_Engineering_Valuation_and_Profitability_Snapshot\" title=\"Cummins India vs Kirloskar Oil Engines vs Elecon Engineering: Valuation and Profitability Snapshot\">Cummins India vs Kirloskar Oil Engines vs Elecon Engineering: Valuation and Profitability Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Cummins_India_vs_Kirloskar_Oil_Engines_vs_Elecon_Engineering_Latest_Quarterly_Results\" title=\"Cummins India vs Kirloskar Oil Engines vs Elecon Engineering: Latest Quarterly Results\">Cummins India vs Kirloskar Oil Engines vs Elecon Engineering: Latest Quarterly Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#What_Should_Investors_Look_at_Beyond_These_Numbers\" title=\"What Should Investors Look at Beyond These Numbers?\">What Should Investors Look at Beyond These Numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#FAQs_on_Cummins_India_vs_Kirloskar_Oil_Engines_vs_Elecon_Engineering\" title=\"FAQs on Cummins India vs Kirloskar Oil Engines vs Elecon Engineering\">FAQs on Cummins India vs Kirloskar Oil Engines vs Elecon Engineering<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#What_is_the_market_cap_difference_between_Cummins_India_Kirloskar_Oil_Engines_and_Elecon_Engineering\" title=\"What is the market cap difference between Cummins India, Kirloskar Oil Engines and Elecon Engineering?\">What is the market cap difference between Cummins India, Kirloskar Oil Engines and Elecon Engineering?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Which_of_the_three_has_the_highest_PE_ratio\" title=\"Which of the three has the highest PE ratio?\">Which of the three has the highest PE ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Which_of_the_three_has_the_highest_ROE\" title=\"Which of the three has the highest ROE?\">Which of the three has the highest ROE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Which_of_these_three_stocks_pays_the_highest_dividend_yield\" title=\"Which of these three stocks pays the highest dividend yield?\">Which of these three stocks pays the highest dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#What_is_the_debt_to_equity_ratio_for_Cummins_India_Kirloskar_Oil_Engines_and_Elecon_Engineering\" title=\"What is the debt to equity ratio for Cummins India, Kirloskar Oil Engines and Elecon Engineering?\">What is the debt to equity ratio for Cummins India, Kirloskar Oil Engines and Elecon Engineering?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Which_of_the_three_trades_at_the_highest_price_to_book_value\" title=\"Which of the three trades at the highest price to book value?\">Which of the three trades at the highest price to book value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering\/#Is_one_of_Cummins_India_Kirloskar_Oil_Engines_or_Elecon_Engineering_better_than_the_others\" title=\"Is one of Cummins India, Kirloskar Oil Engines or Elecon Engineering better than the others?\">Is one of Cummins India, Kirloskar Oil Engines or Elecon Engineering better than the others?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Cummins_India_Kirloskar_Oil_Engines_and_Elecon_Engineering_Company_Overview\"><\/span><strong>Cummins India, Kirloskar Oil Engines and Elecon Engineering: Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Cummins India<\/strong> is a listed Indian company in the Industrial Machinery and Engines space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<p><strong>Kirloskar Oil Engines<\/strong> is a listed Indian company in the Industrial Machinery and Engines space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<p><strong>Elecon Engineering<\/strong> is a listed Indian company in the Industrial Machinery and Engines space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cummins_India_vs_Kirloskar_Oil_Engines_vs_Elecon_Engineering_Valuation_and_Profitability_Snapshot\"><\/span><strong>Cummins India vs Kirloskar Oil Engines vs Elecon Engineering: Valuation and Profitability Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/cumminsind\/cummins-india-ltd-share-price-today\">Cummins India<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/kirloseng\/kirloskar-oil-engines-ltd-share-price-today\">Kirloskar Oil Engines<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/elecon\/elecon-engineering-company-ltd-share-price-today\">Elecon Engineering<\/a><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Cap (approx.)<\/td>\n<td>Rs 1,37,380 crore<\/td>\n<td>Rs 31,090 crore<\/td>\n<td>Rs 10,272 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>58.03<\/td>\n<td>58.15<\/td>\n<td>43.51<\/td>\n<\/tr>\n<tr>\n<td>PB Ratio<\/td>\n<td>16.21<\/td>\n<td>8.59<\/td>\n<td>4.45<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE)<\/td>\n<td>27.87%<\/td>\n<td>15.86%<\/td>\n<td>14.79%<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM, Rs)<\/td>\n<td>85.40<\/td>\n<td>36.74<\/td>\n<td>10.52<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>1.33%<\/td>\n<td>0.33%<\/td>\n<td>0.44%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.00<\/td>\n<td>1.48<\/td>\n<td>0.12<\/td>\n<\/tr>\n<tr>\n<td>Book Value per Share (Rs)<\/td>\n<td>305.74<\/td>\n<td>248.76<\/td>\n<td>102.76<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Data<\/strong><\/a><\/p>\n<p>On valuation, Cummins India trades at a PE of 58.03 and a PB of 16.21, Kirloskar Oil Engines at a PE of 58.15 and a PB of 8.59, while Elecon Engineering trades at a PE of 43.51 and a PB of 4.45. On return on equity, the three post 27.87%, 15.86% and 14.79% respectively, and on dividend yield they stand at 1.33%, 0.33% and 0.44%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cummins_India_vs_Kirloskar_Oil_Engines_vs_Elecon_Engineering_Latest_Quarterly_Results\"><\/span><strong>Cummins India vs Kirloskar Oil Engines vs Elecon Engineering: Latest Quarterly Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Latest Quarter Revenue<\/th>\n<th>Latest Quarter Net Profit<\/th>\n<th>YoY Change (Revenue)<\/th>\n<th>QoQ Change (Revenue)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Cummins India<\/td>\n<td>Rs 3,563.35 crore<\/td>\n<td>Rs 609.30 crore<\/td>\n<td>+17.2%<\/td>\n<td>+12.9%<\/td>\n<\/tr>\n<tr>\n<td>Kirloskar Oil Engines<\/td>\n<td>Rs 2,014.74 crore<\/td>\n<td>Rs 111.06 crore<\/td>\n<td>+12.1%<\/td>\n<td>-5.3%<\/td>\n<\/tr>\n<tr>\n<td>Elecon Engineering<\/td>\n<td>Rs 542.47 crore<\/td>\n<td>Rs 70.35 crore<\/td>\n<td>+4.9%<\/td>\n<td>-28.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Cummins India, Kirloskar Oil Engines and Elecon Engineering live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Look_at_Beyond_These_Numbers\"><\/span><strong>What Should Investors Look at Beyond These Numbers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the metrics above, investors comparing these three industrial machinery and engines names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cummins India vs Kirloskar Oil Engines vs Elecon Engineering highlights how differently three companies in the same industrial machinery and engines segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Cummins_India_vs_Kirloskar_Oil_Engines_vs_Elecon_Engineering\"><\/span><strong>FAQs on Cummins India vs Kirloskar Oil Engines vs Elecon Engineering<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_difference_between_Cummins_India_Kirloskar_Oil_Engines_and_Elecon_Engineering\"><\/span><strong>What is the market cap difference between Cummins India, Kirloskar Oil Engines and Elecon Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of September 2026, Cummins India has a market cap of approximately Rs 1,37,380 crore, Kirloskar Oil Engines is at approximately Rs 31,090 crore, and Elecon Engineering is at approximately Rs 10,272 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_PE_ratio\"><\/span><strong>Which of the three has the highest PE ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among Cummins India, Kirloskar Oil Engines and Elecon Engineering, the PE ratios stand at 58.03, 58.15 and 43.51 respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_ROE\"><\/span><strong>Which of the three has the highest ROE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India, Kirloskar Oil Engines and Elecon Engineering post ROE of 27.87%, 15.86% and 14.79% respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_three_stocks_pays_the_highest_dividend_yield\"><\/span><strong>Which of these three stocks pays the highest dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India, Kirloskar Oil Engines and Elecon Engineering carry dividend yields of 1.33%, 0.33% and 0.44% respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_debt_to_equity_ratio_for_Cummins_India_Kirloskar_Oil_Engines_and_Elecon_Engineering\"><\/span><strong>What is the debt to equity ratio for Cummins India, Kirloskar Oil Engines and Elecon Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India carries a debt to equity of 0.00, Kirloskar Oil Engines of 1.48, and Elecon Engineering of 0.12.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_trades_at_the_highest_price_to_book_value\"><\/span><strong>Which of the three trades at the highest price to book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cummins India, Kirloskar Oil Engines and Elecon Engineering trade at price to book ratios of 16.21, 8.59 and 4.45 respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_one_of_Cummins_India_Kirloskar_Oil_Engines_or_Elecon_Engineering_better_than_the_others\"><\/span><strong>Is one of Cummins India, Kirloskar Oil Engines or Elecon Engineering better than the others?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor&#8217;s own criteria and research.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the market cap difference between Cummins India, Kirloskar Oil Engines and Elecon Engineering?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of September 2026, Cummins India has a market cap of approximately Rs 1,37,380 crore, Kirloskar Oil Engines is at approximately Rs 31,090 crore, and Elecon Engineering is at approximately Rs 10,272 crore.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest PE ratio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Among Cummins India, Kirloskar Oil Engines and Elecon Engineering, the PE ratios stand at 58.03, 58.15 and 43.51 respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest ROE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Cummins India, Kirloskar Oil Engines and Elecon Engineering post ROE of 27.87%, 15.86% and 14.79% respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of these three stocks pays the highest dividend yield?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Cummins India, Kirloskar Oil Engines and Elecon Engineering carry dividend yields of 1.33%, 0.33% and 0.44% respectively.\"}},{\"@type\":\"Question\",\"name\":\"What is the debt to equity ratio for Cummins India, Kirloskar Oil Engines and Elecon Engineering?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Cummins India carries a debt to equity of 0.00, Kirloskar Oil Engines of 1.48, and Elecon Engineering of 0.12.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three trades at the highest price to book value?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Cummins India, Kirloskar Oil Engines and Elecon Engineering trade at price to book ratios of 16.21, 8.59 and 4.45 respectively.\"}},{\"@type\":\"Question\",\"name\":\"Is one of Cummins India, Kirloskar Oil Engines or Elecon Engineering better than the others?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cummins India vs Kirloskar Oil Engines vs Elecon Engineering compared on market cap, PE, PB, ROE, dividend yield and debt to equity, as of September 2026.<\/p>\n","protected":false},"author":34,"featured_media":275061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[7599,1019],"class_list":["post-275062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-industrial-machinery-and-engines","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["275061"],"rank_math_title":["Cummins India vs Kirloskar Oil Engines vs Elecon Engineering"],"rank_math_description":["Cummins India vs Kirloskar Oil Engines vs Elecon Engineering compared on market cap, PE, PB, ROE, dividend yield and debt to equity, as of September 2026."],"rank_math_focus_keyword":["Cummins India vs Kirloskar Oil Engines vs Elecon Engineering"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/cummins-india-vs-kirloskar-oil-engines-vs-elecon-engineering-which-stock-should.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=275062"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275062\/revisions"}],"predecessor-version":[{"id":275063,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275062\/revisions\/275063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/275061"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=275062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=275062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=275062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}