3MINDIA

3M India Limited

The Indian arm of 3M — industrial, safety, healthcare and consumer products

Diversified›Diversified›Diversified›Diversified

3mindia.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹30400.00
Market cap
34,245 Cr
Stock P/E
59.3
P/B
19.37
Dividend yield
1.8%
ROE (FY24)
27.2%
ROCE (FY24)
36.5%
Operating margin (FY24)
16.9%
OCF / EBITDA (FY26)
52.1%
OCF / EBITDA (3Y)
59.0%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

3M India makes and sells industrial, safety, healthcare, transportation and electronics, and consumer products to customers in India, organised in four business groups.

Company snapshot

2ndBy market cap

Ranked among 6 companies in Diversified.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 40.0% of revenue

SegmentRevenue shareRevenuePBTAssets
Consumer
10.5%
114 Cr14 Cr118 Cr
Health Care
18.2%
199 Cr30 Cr254 Cr
Others
0.7%
8 Cr4 Cr0 Cr
Safety & Industrial
30.7%
334 Cr23 Cr534 Cr
Transportation & Electronics
40.0%
435 Cr69 Cr720 Cr

What we see

Positives
  • ✓Interest coverage of 219.5x — earnings comfortably cover interest obligations.
1 more signal from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales975 Cr942 Cr1,033 Cr995 Cr1,111 Cr1,090 Cr1,198 Cr1,196 Cr1,266 Cr1,228 Cr1,399 Cr1,423 Cr
Operating expenses (approx.)797 Cr775 Cr831 Cr801 Cr927 Cr936 Cr971 Cr954 Cr1,011 Cr997 Cr1,142 Cr1,185 Cr
EBITDA178 Cr167 Cr202 Cr194 Cr183 Cr154 Cr227 Cr242 Cr256 Cr231 Cr257 Cr238 Cr
OPM %18.3%17.7%19.5%19.5%16.5%14.1%18.9%20.2%20.2%18.8%18.4%16.7%
Other income15 Cr14 Cr27 Cr18 Cr18 Cr17 Cr14 Cr15 Cr12 Cr9 Cr12 Cr12 Cr
Interest0.74 Cr0.76 Cr0.74 Cr3 Cr4 Cr3 Cr1 Cr2 Cr2 Cr35 Cr4 Cr4 Cr
Depreciation13 Cr13 Cr13 Cr13 Cr14 Cr14 Cr14 Cr15 Cr15 Cr16 Cr17 Cr17 Cr
Profit before tax179 Cr167 Cr215 Cr197 Cr183 Cr154 Cr225 Cr239 Cr251 Cr115 Cr289 Cr302 Cr
Tax %25.5%25.4%25.1%25.5%26.9%26.2%68.3%25.8%23.7%154.1%25.5%22.9%
Net profit134 Cr125 Cr161 Cr146 Cr134 Cr114 Cr71 Cr178 Cr191 Cr-62 Cr215 Cr233 Cr
EPS (₹)₹118.77₹110.58₹143.13₹130.03₹118.76₹100.99₹63.35₹157.73₹169.85₹-55.09₹191.16₹206.90

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,458 Cr2,580 Cr2,809 Cr2,765 Cr2,420 Cr3,078 Cr3,733 Cr3,927 Cr4,446 Cr5,090 CrSign in free for the trailing twelve months
Operating expenses (approx.)2,089 Cr2,101 Cr2,301 Cr2,425 Cr2,183 Cr2,696 Cr3,174 Cr3,221 Cr3,676 Cr4,104 CrSign in free for the trailing twelve months
EBITDA369 Cr480 Cr508 Cr340 Cr238 Cr382 Cr560 Cr706 Cr770 Cr986 CrSign in free for the trailing twelve months
OPM %15.0%18.6%18.1%12.3%9.8%12.4%15.0%18.0%17.3%19.4%Sign in free for the trailing twelve months
Other income49 Cr44 Cr33 Cr42 Cr27 Cr35 Cr64 Cr67 Cr70 Cr49 CrSign in free for the trailing twelve months
Interest2 Cr2 Cr1 Cr4 Cr2 Cr4 Cr7 Cr3 Cr11 Cr44 CrSign in free for the trailing twelve months
Depreciation47 Cr42 Cr42 Cr57 Cr60 Cr53 Cr56 Cr52 Cr55 Cr63 CrSign in free for the trailing twelve months
Profit before tax369 Cr480 Cr497 Cr320 Cr202 Cr360 Cr561 Cr718 Cr773 Cr894 CrSign in free for the trailing twelve months
Tax %34.8%35.3%35.1%31.7%26.2%26.0%25.8%25.3%38.4%41.6%Sign in free for the trailing twelve months
Net profit241 Cr311 Cr323 Cr219 Cr149 Cr266 Cr416 Cr536 Cr476 Cr522 CrSign in free for the trailing twelve months
EPS (₹)₹213.72₹275.66₹286.72₹194.38₹132.53₹236.28₹369.41₹476.05₹422.60₹463.66Sign in free for the trailing twelve months
Dividend payout %————0.0%0.0%229.5%21.0%162.1%115.4%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr
Reserves1,215 Cr1,525 Cr1,848 Cr2,063 Cr2,210 Cr2,478 Cr1,937 Cr2,359 Cr1,835 Cr1,757 Cr
Borrowings5 Cr5 Cr7 Cr——————170 Cr
Other liabilities701 Cr594 Cr627 Cr578 Cr695 Cr769 Cr967 Cr1,028 Cr1,168 Cr1,199 Cr
Total liabilities1,932 Cr2,135 Cr2,494 Cr2,653 Cr2,917 Cr3,257 Cr2,914 Cr3,399 Cr3,015 Cr3,137 Cr
Fixed assets (net)315 Cr285 Cr269 Cr243 Cr224 Cr265 Cr293 Cr297 Cr318 Cr483 Cr
CWIP2 Cr6 Cr10 Cr7 Cr23 Cr23 Cr25 Cr12 Cr10 Cr14 Cr
Investments——585 Cr505 Cr505 Cr505 Cr505 Cr505 Cr99 Cr0 Cr
Loans & advances——5 Cr1 Cr7 Cr0.29 Cr0.36 Cr0.41 Cr0.33 Cr0.36 Cr
Inventories332 Cr347 Cr379 Cr411 Cr430 Cr453 Cr568 Cr498 Cr648 Cr823 Cr
Trade receivables408 Cr530 Cr546 Cr507 Cr461 Cr489 Cr595 Cr679 Cr790 Cr839 Cr
Cash & bank744 Cr789 Cr470 Cr666 Cr937 Cr1,207 Cr632 Cr859 Cr933 Cr812 Cr
Other assets131 Cr178 Cr229 Cr314 Cr330 Cr316 Cr297 Cr548 Cr216 Cr166 Cr
Total assets1,932 Cr2,135 Cr2,494 Cr2,653 Cr2,917 Cr3,257 Cr2,914 Cr3,399 Cr3,015 Cr3,137 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity365 Cr29 Cr267 Cr218 Cr312 Cr334 Cr425 Cr583 Cr355 Cr514 Cr
Cash from investing12 Cr18 Cr-590 Cr1 Cr-16 Cr-43 Cr-20 Cr-229 Cr322 Cr-11 Cr
Cash from financing-4 Cr-2 Cr4 Cr-24 Cr-25 Cr-21 Cr-980 Cr-128 Cr-789 Cr-623 Cr
Net cash flow373 Cr45 Cr-319 Cr195 Cr271 Cr269 Cr-575 Cr227 Cr-112 Cr-121 Cr
Free cash flow (OCF − Capex)351 Cr14 Cr229 Cr198 Cr272 Cr264 Cr365 Cr583 Cr300 Cr455 Cr

Ratios

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROCE %39.0%24.9%11.6%17.0%36.6%36.5%
ROE %25.6%18.4%8.5%12.5%26.9%27.2%
Debtor days716568585861
Inventory days160146167127136121
Days payable138104150139170188
Cash conversion cycle92107854524-5
OCF / EBITDA %47.2%54.5%123.7%84.1%77.0%84.7%
OCF / EBITDA % (3 years)——65.8%81.3%88.9%81.9%
Debt / equity0.00530.000.000.00——
Current ratio2.553.273.103.202.172.52
Net debt / EBITDA-1.03-1.74-4.09-3.41-1.32-1.38