3M India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 30.5%)
- ✓Efficient capital deployment (ROCE 40.5%)
- ✓Low debt relative to equity (D/E 0.1x)
Concerns
- ✗Premium to sector peers (P/E 64.3x vs industry 27x)
- ✗High premium to book value (P/B 20.9x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| GODREJIND Godrej Industries Limited | ₹1,381 +1.15% | ₹45K Cr | 35.6 | 3.43 | 11.9 | 8.84 | 2.22 |
| DCMSHRIRAM DCM Shriram Limited | ₹1,038 +0.67% | ₹16K Cr | 18.3 | 2.09 | 11.8 | 11.8 | 0.38 |
| BALMLAWRIE Balmer Lawrie & Company Limited | ₹179 -0.39% | ₹3K Cr | 11 | 1.48 | 13.7 | 14.6 | 0.12 |
| TTKHLTCARE TTK Healthcare Limited | ₹1,028 +1.21% | ₹1K Cr | 19.9 | 1.2 | 6.03 | — | 0.02 |
| MAHESHWARI Maheshwari Logistics Limited | ₹73 +0% | ₹216 Cr | 12.8 | 1 | 8.12 | 12.2 | 1.46 |
Showing 5 peers in the same sector · Sorted by market cap
Shareholding Pattern
3MINDIA · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FII | 3.56% | 3.64% | 3.77% | 4.07% | 4.01% | 3.78% |
| DII | 8.52% | 8.44% | 8.27% | 8.13% | 8.16% | 8.08% |
| Public | 12.92% | 12.92% | 12.95% | 12.80% | 12.84% | 13.13% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
Dividend - Rs 160 Per Share/Special Dividend - Rs 346 Per Share
Dividend - Rs 160 Per Share & Special Dividend - Rs 375
Special Dividend - Rs 525 Per Share/ Dividend - Rs 160 Per Share
Dividend - Rs 100 Per Share
Financials
Quarterly Results
| Metric | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.0K Cr ▼4.4% | ₹1.1K Cr ▲8.8% | ₹1.0K Cr ▼3.3% | ₹1.0K Cr ▼1.0% | ₹1.1K Cr ▲0.4% | ₹1.0K Cr ▲5.3% | ₹993 Cr ▲1.6% | ₹977 Cr |
| Op. Profit | ₹205 Cr ▼4.2% | ₹214 Cr ▲19.6% | ₹179 Cr ▼6.8% | ₹192 Cr ▲11.0% | ₹173 Cr ▼10.8% | ₹194 Cr ▲13.5% | ₹171 Cr ▲39.0% | ₹123 Cr |
| OPM | 20.0% ▲0.0% | 20.0% ▲11.1% | 18.0% ▲0.0% | 18.0% ▲12.5% | 16.0% ▼15.8% | 19.0% ▲11.8% | 17.0% ▲30.8% | 13.0% |
| Net Profit | ₹157 Cr ▼9.2% | ₹173 Cr ▲28.1% | ₹135 Cr ▼7.5% | ₹146 Cr ▲13.2% | ₹129 Cr ▼5.1% | ₹136 Cr ▲8.8% | ₹125 Cr ▲17.9% | ₹106 Cr |
| EPS (₹) | 139.5 ▼9.1% | 153.44 ▲27.8% | 120.05 ▼7.4% | 129.7 ▲13.1% | 114.7 ▼4.8% | 120.48 ▲8.7% | 110.79 ▲17.5% | 94.3 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹4.2K Cr ▲5.8% | ₹4.0K Cr ▲18.7% | ₹3.3K Cr ▲28.1% | ₹2.6K Cr ▼12.8% | ₹3.0K Cr ▼1.0% | ₹3.0K Cr ▲11.3% | ₹2.7K Cr |
| Expenses | ₹3.4K Cr ▲2.2% | ₹3.4K Cr ▲13.8% | ₹2.9K Cr ▲25.7% | ₹2.3K Cr ▼7.6% | ₹2.5K Cr ▲2.3% | ₹2.5K Cr ▲12.2% | ₹2.2K Cr |
| Op. Profit | ₹759 Cr ▲25.7% | ₹604 Cr ▲55.3% | ₹389 Cr ▲50.2% | ₹259 Cr ▼42.4% | ₹450 Cr ▼16.0% | ₹536 Cr ▲7.4% | ₹499 Cr |
| OPM | 18.0% ▲20.0% | 15.0% ▲25.0% | 12.0% ▲20.0% | 10.0% ▼33.3% | 15.0% ▼16.7% | 18.0% ▲0.0% | 18.0% |
| Other Income | ₹78 Cr ▲14.7% | ₹68 Cr ▲83.8% | ₹37 Cr ▲48.0% | ₹25 Cr ▼45.7% | ₹46 Cr ▼23.3% | ₹60 Cr ▲9.1% | ₹55 Cr |
| Interest | ₹3 Cr ▼57.1% | ₹7 Cr ▲75.0% | ₹4 Cr ▲100.0% | ₹2 Cr ▼50.0% | ₹4 Cr ▲300.0% | ₹1 Cr ▼50.0% | ₹2 Cr |
| Depreciation | ₹53 Cr ▼8.6% | ₹58 Cr ▲5.5% | ₹55 Cr ▼11.3% | ₹62 Cr ▲5.1% | ₹59 Cr ▲34.1% | ₹44 Cr ▲0.0% | ₹44 Cr |
| PBT | ₹781 Cr ▲28.7% | ₹607 Cr ▲64.9% | ₹368 Cr ▲67.3% | ₹220 Cr ▼49.2% | ₹433 Cr ▼21.4% | ₹551 Cr ▲8.5% | ₹508 Cr |
| Tax % | 25.0% ▼3.8% | 26.0% ▲0.0% | 26.0% ▲0.0% | 26.0% ▲0.0% | 26.0% ▼21.2% | 33.0% ▼2.9% | 34.0% |
| Net Profit | ₹583 Cr ▲29.3% | ₹451 Cr ▲65.8% | ₹272 Cr ▲67.9% | ₹162 Cr ▼49.7% | ₹322 Cr ▼12.0% | ₹366 Cr ▲9.9% | ₹333 Cr |
| EPS (₹) | 517.9 ▲29.4% | 400.37 ▲65.8% | 241.43 ▲67.5% | 144.14 ▼49.6% | 285.99 ▼12.0% | 325.06 ▲9.9% | 295.91 |
| Div Payout | 132.0% ▼44.3% | 237.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|
| Liabilities | |||||||
| Equity Capital | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr ▲0.0% | ₹11 Cr |
| Reserves | ₹2.1K Cr ▲28.2% | ₹1.7K Cr ▼23.3% | ₹2.2K Cr ▲14.4% | ₹1.9K Cr ▲9.1% | ₹1.7K Cr ▲22.4% | ₹1.4K Cr ▲34.8% | ₹1.1K Cr |
| Borrowings | ₹18 Cr ▼33.3% | ₹27 Cr ▲8.0% | ₹25 Cr ▲8.7% | ₹23 Cr ▼45.2% | ₹42 Cr ▲200.0% | ₹14 Cr ▲40.0% | ₹10 Cr |
| Other Liabilities | ₹1.1K Cr ▲7.2% | ₹1.0K Cr ▲26.6% | ₹798 Cr ▲11.1% | ₹718 Cr ▲24.2% | ₹578 Cr ▼14.0% | ₹672 Cr ▼45.5% | ₹1.2K Cr |
| Total Liabilities | ₹3.2K Cr ▲19.7% | ₹2.7K Cr ▼9.7% | ₹3.0K Cr ▲13.3% | ₹2.7K Cr ▲11.9% | ₹2.4K Cr ▲11.9% | ₹2.1K Cr ▼8.4% | ₹2.3K Cr |
| Assets | |||||||
| Fixed Assets | ₹332 Cr ▼1.8% | ₹338 Cr ▲10.1% | ₹307 Cr ▲15.4% | ₹266 Cr ▼13.1% | ₹306 Cr ▲7.0% | ₹286 Cr ▼5.6% | ₹303 Cr |
| CWIP | ₹12 Cr ▼52.0% | ₹25 Cr ▲8.7% | ₹23 Cr ▼4.2% | ₹24 Cr ▲242.9% | ₹7 Cr ▼41.7% | ₹12 Cr ▲100.0% | ₹6 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹2.9K Cr ▲23.4% | ₹2.4K Cr ▼12.1% | ₹2.7K Cr ▲13.3% | ₹2.4K Cr ▲14.8% | ₹2.1K Cr ▲13.1% | ₹1.8K Cr ▼9.0% | ₹2.0K Cr |
| Total Assets | ₹3.2K Cr ▲19.7% | ₹2.7K Cr ▼9.7% | ₹3.0K Cr ▲13.3% | ₹2.7K Cr ▲11.9% | ₹2.4K Cr ▲11.9% | ₹2.1K Cr ▼8.4% | ₹2.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|
| Operating CF | ₹643 Cr ▲38.3% | ₹465 Cr ▲42.2% | ₹327 Cr ▲1.9% | ₹321 Cr ▲31.0% | ₹245 Cr ▼3.2% | ₹253 Cr ▲602.8% | ₹36 Cr |
| Investing CF | ₹-269 Cr ▼1693.3% | ₹-15 Cr ▲63.4% | ₹-41 Cr ▼192.9% | ₹-14 Cr ▼566.7% | ₹3 Cr ▲100.5% | ₹-553 Cr ▼2312.0% | ₹25 Cr |
| Financing CF | ₹-128 Cr ▲86.9% | ₹-980 Cr ▼4566.7% | ₹-21 Cr ▲16.0% | ₹-25 Cr ▲0.0% | ₹-25 Cr ▼933.3% | ₹3 Cr ▲250.0% | ₹-2 Cr |
| Net Cash Flow | ₹246 Cr ▲146.4% | ₹-530 Cr ▼300.0% | ₹265 Cr ▼6.0% | ₹282 Cr ▲26.5% | ₹223 Cr ▲175.1% | ₹-297 Cr ▼603.4% | ₹59 Cr |
| Free Cash Flow | ₹612 Cr ▲50.7% | ₹406 Cr ▲56.8% | ₹259 Cr ▼8.2% | ₹282 Cr ▲25.9% | ₹224 Cr ▲5.7% | ₹212 Cr ▲1015.8% | ₹19 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 61d ▲3.4% | 59d ▲1.7% | 58d ▼14.7% | 68d ▲4.6% | 65d ▼8.5% | 71d ▼7.8% | 77d |
| Inventory Days | 77d ▼15.4% | 91d ▲7.1% | 85d ▼18.3% | 104d ▲13.0% | 92d ▼2.1% | 94d ▼2.1% | 96d |
| Days Payable | 120d ▲6.2% | 113d ▲20.2% | 94d ▼17.5% | 114d ▲72.7% | 66d ▼18.5% | 81d ▼12.9% | 93d |
| Cash Conv. Cycle | 19d ▼47.2% | 36d ▼26.5% | 49d ▼15.5% | 58d ▼37.0% | 92d ▲9.5% | 84d ▲6.3% | 79d |
| Working Capital Days | 22d ▼31.3% | 32d ▼15.8% | 38d ▼29.6% | 54d ▼14.3% | 63d ▲16.7% | 54d ▲307.7% | -26d |
| ROCE | 41.0% ▲32.3% | 31.0% ▲72.2% | 18.0% ▲50.0% | 12.0% ▼55.6% | 27.0% ▼38.6% | 44.0% | — |
Source: Screener.in · Lower days = better efficiency
About 3M India Limited
3M India is a subsidiary of 3M Company, USA. The Company manages its operations in four operating segments: Safety & Industrial , Transportation & Electronics, Health Care and Consumer. In India, the Company has manufacturing facilities at Ahmedabad, Bangalore, Pune and has a R&D Center in Bangalore.(Source : 202003 Annual Report Page No:137)
Diversified · Diversified