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Ref: STEX/SECT/2018

August 23, 2018

The Relationship Manager, National Stock Exchange of India Limited DCS-CRD Exchange Plaza, 5[th] Floor, BSE Limited, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai 400 001 Mumbai 400 051 BSE Scrip Code: 500480 NSE Symbol: CUMMINSIND

Subject: Intimation of presentation given by the Managing Director at the 57[th] Annual General Meeting (‘AGM’) on August 09, 2018.

Dear Sir/ Madam,

With reference to our intimation dated July 13, 2018 towards Annual General Meeting, we are enclosing for your records a copy of the presentation made by the Managing Director to the Members at 57[th] AGM held on Thursday August 09, 2018.

Kindly take this submission on your record.

Thanking you,

Yours faithfully, For Cummins India Limited

Digitally signed by VENKATA KUNTHURU VENKATA RAMANA DN: c=IN, o=Personal, postalCode=110091, st=Delhi, 2.5.4.20=a73e3b792a53e0b4137d29519e31 KUNTHURU 97dcc2aaff7af3773968b83ed21453bdc218, serialNumber=8b4b0be372284b545158964 122eadc4eedd19cfa95c325f1affd712110b3 RAMANA 00d7, cn=VENKATA KUNTHURU RAMANA Date: 2018.08.23 12:24:34 +05'30' K. Venkata Ramana Group Vice President – Legal & Company Secretary Membership Number: FCS4138

Encl.: As above.

(This letter is digitally signed)

Cummins India Limited Registered Office Cummins India Office Campus Tower A, 5[th] Floor, Survey No. 21, Balewadi Pune 411 045 Maharashtra, India Phone +91 20 67067000 Fax +91 20 67067015 cumminsindia.com [email protected]

CIN : L29112PN1962PLC012276

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Cummins India Limited Annual General Meeting

Sandeep Sinha, Managing Director, Cummins India Limited

August 9, 2018

Confidential

AGENDA Our Growth Strategy 02 03 Capabilities 04 Our Future 05 Culture 06 Q + A Financials 01	AGENDA Our Growth Strategy 02 03 Capabilities 04 Our Future 05 Culture 06 Q + A Financials 01	AGENDA Our Growth Strategy 02 03 Capabilities 04 Our Future 05 Culture 06 Q + A Financials 01

India Leadership Team

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Sandeep Sinha Managing Director – India ABO

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Ashwath Ram Engine Business

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Mandar Deo Anjali Pandey Power Systems Components Business

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Bhavana Bindra Distribution Business

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Prafulla Neema Supply Chain

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Venkat Ramana
Legal & Secretarial
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Aditi Sharma Rajiv Batra Quality Chief Financial Officer

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Vikas Thapa
Human Resources
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Amit Kumar Sophia Manivel Mark Firth Strategy Officer Information Engineering Technology

2017 Achievements

Recorded highest ever sales in Construction segment
Introduced and installed the Underslung power pack and noise attenuation solution for Indian Railways

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New 20kVA, 2-cylinder Power Solution
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Backhoe loader with Cummins 3.9 litre engine

Entered the Indian Backhoe loader market with 3.9 litre engine
Introduced new 20kVA product (LHP segment)
Launched ‘Cummins Care’ mobile application

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Public
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Caring for People and Environment

Health, Safety and Environment

 92% employees trained on Live It, Lead It

 0.7 Incidence Rate (better than Industry average of >1)

 95% Waste Recycling rate

2850 kilo liters of water conserved ( improvement of
4% from last year)

How we have performed

 Revenue

 Profitability

 Cash Flow

Profit before Free Cash Interest Tax Flow ₹ 4,952 ₹ 867 ₹ 651 Crores. Crores. Crores. Dividend 750%

Net Sales

 Dividend

Cummins Confidential

* Excluding Exceptional Item (Sale of Viman Nagar Property)

Overall: 6%

CAGR since FY 2014

Domestic Vs. Exports Trend (₹ Cr)

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4,958 4,952
4,588
4,321
3,899 1,611 1,574
1,663
7%
1,722
1,198
6%
3,347 3,378
2,925
2,701 2,599
FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
Domestic Export
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Domestic Revenue: Segment wise(₹ Cr)

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CAGR: 10% Industrial
771
714
554
518 507
FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
CAGR: 4% Powergen
1,345 1,345
1,241
1,124
1,055
FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
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CAGR: 6% Distribution
1,243
1,174
1,068
991 984
FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
CAGR: 7% Export
1,722
1,663
1,611 1,574
1,198
FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
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Dividend Trend (₹ Cr.)

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450 750% 800%
700% 700% 700%
650% 700%
400
600%
350
500%
400%
300
300%
416
250
388 388 388 200%
360
100%
200
0%
150
-100%
100 -200%
FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
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* Excluding Dividend Distribution tax

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CIL Share Price Performance
200%
CAGR
150%
CIL: 9%
100%
Sensex: 8%
50%
0%
-50%
Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Cummins India Limited Sensex
CIL TSR since inception: 21% CAGR
₹ 100 invested in CIL in 1965 would give ₹ 28.5 Lakhs in Mar-18
11
Return over Mar-10
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How we have performed Q1 2018-19

 Revenue

 Profitability

 Cash Flow

Profit before Free Cash Interest Tax Flow ₹ 1,296 ₹ 256 ₹ 410 Crores. Crores. Crores.

Net Sales

Cummins Confidential

Just About Everywhere

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Energy Diversity

The world The is changing

Connectivity

De-globalization

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14
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Climate Change

Electronic, Zero Emission products
Alternate technologies ( electrification, fuel cells)

India is The changing

Urbanization

Extremely heavy energy consumption and infrastructure development

Digitalization

Smart factories, Industry 4.0
Service our customers differently

CIL Growth Strategy

CORE CAPABILITIES Technology Leadership Power Industrial Generation Scale Advantage Distribution Network Distribution Export Partnerships & Customers

GROWTH PLATFORMS

Core New Telematics Market Share Growth Electrification Content Growth Renewables Alternate Fuels New Products Advanced Analytics

CONTINUOUS IMPROVEMENT INITIATIVES (ACE, AMaZe, aSCent)

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SCALE ADVANTAGE

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QSK 50

Silent Power Car

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TECHNOLOGY LEADERSHIP

Advance Test Cells

Marine

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DISTRIBUTION NETWORK

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STRONG PARTNERSHIP AND CUSTOMERS

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Continuous Improvement initiatives

ACE

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AMaZe aSCeNt

Accelerated Cost Six Efficiency Sigma

Accelerated Move towards Zero defects

Accelerated Supply Chain Excellence and Transformation

Core Growth

Market Share Hospitality Datacenters

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Commercial Realty

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Construction

Content Growth

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Rail

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Marine

New Products

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CPCB III products

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Gas Genset
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CEV- BS IV
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New Growth

Connected and Advanced Analytics

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Construction

Telematics

Electrification Battery Technology

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Gas Engine

Renewables

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Fuel Cells

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Alternate Fuels

CEV- BS IV

Our People

Leadership

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Collaboration

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Diversity and Inclusion

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95,000+ trees Sustained

Pithampur Jamshedpur People Positively Dewas 12 Model Villages Impacted sustained Phaltan 1100+ students awarded Cummins Scholarship

3.67 million students reached through Coach them Young

Pune

2,600

CCEW in Pune in Nagpur Phaltan clean cook stoves 12000+ Million gallons water harvested

Equivalent of 14000 + MT of carbon footprint avoided 9240 employees donated blood saving 27000+ lives

and counting

Monsoon Resilient TEC sites in Maharashtra: Water Kolhapur and Phaltan conservation across 3,500 sustained hectares, making 5,500 residents water secure

Income Generation Program for 80+ Women

Internal Use Only

Our Community

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Water Conversation ,Model Town – Phaltan
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Cummins College of Engineering
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Fort Cleaning
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ITI Center Skill Development – Kolhapur
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AI assistant

Cummins India Ltd. — AGM Information 2018

60943_rns_2018-08-23_db459636-fea7-418e-944f-2b58ab64697e.pdf

Ref: STEX/SECT/2018

Subject: Intimation of presentation given by the Managing Director at the 57[th] Annual General Meeting (‘AGM’) on August 09, 2018.

Cummins India Limited Annual General Meeting

India Leadership Team

2017 Achievements

Caring for People and Environment

Health, Safety and Environment

How we have performed

 Revenue

 Profitability

 Cash Flow

 Dividend

Domestic Vs. Exports Trend (₹ Cr)

Domestic Revenue: Segment wise(₹ Cr)

Dividend Trend (₹ Cr.)

How we have performed Q1 2018-19

 Revenue

 Profitability

 Cash Flow

Just About Everywhere

Energy Diversity

The world The is changing

Climate Change

India is The changing

Urbanization

Digitalization

CIL Growth Strategy

GROWTH PLATFORMS

SCALE ADVANTAGE

TECHNOLOGY LEADERSHIP

DISTRIBUTION NETWORK

STRONG PARTNERSHIP AND CUSTOMERS

Continuous Improvement initiatives

Core Growth

Content Growth

New Growth

Our People

Leadership

Collaboration

Diversity and Inclusion

Our Community

DOMESTIC

Over a cycle of 5 Years

EXPORTS

Over a cycle of 5 Years

0-5 %

Q+A

More from Cummins India Ltd.

Cummins India Ltd. AGM Information 2018