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3M India Limited
(3MINDIA)
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Rating:59Neutral
Price Target:
₹35,245.00
▼(-0.39% Downside)
Action:Reiterated
Date:08/26/26
The score is supported primarily by strong underlying financial performance (steady growth, solid margins, low leverage, and healthy free cash flow). This is tempered by weak technical momentum and a stretched valuation (high P/E and low dividend yield), which reduces near-term attractiveness despite the solid fundamentals.
Positive Factors
Sustained Revenue Expansion
Multi-year revenue expansion indicates sustained demand across 3M India's industrial, healthcare, safety, transportation, electronics and consumer markets, supporting continued operating scale and broader customer penetration.
Negative Factors
Margin Volatility
Variable margins suggest that product mix, pricing and input-cost pressures can materially affect profitability. This reduces earnings visibility and may limit the durability of current operating margins across cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Expansion
Multi-year revenue expansion indicates sustained demand across 3M India's industrial, healthcare, safety, transportation, electronics and consumer markets, supporting continued operating scale and broader customer penetration.
Read all positive factors
3M India Limited (3MINDIA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹372.18B
Dividend Yield0.48%
Average Volume (3M)809.00
Price to Earnings (P/E)64.0
Beta (1Y)0.63
Revenue Growth15.71%
EPS Growth16.33%
CountryIN
Employees1,033
SectorGeneral
Sector StrengthN/A
IndustryConglomerates
Share Statistics
EPS (TTM)512.82
Shares Outstanding11,265,070
10 Day Avg. Volume1,926
30 Day Avg. Volume809
Financial Highlights & Ratios
PEG Ratio6.69
Price to Book (P/B)22.86
Price to Sales (P/S)7.94
P/FCF Ratio80.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)691.4
Revenue Forecast (FY)₹57.76B
3M India Limited Business Overview & Revenue Model
Company Description
3M India Limited is a prominent manufacturer and trader, supplying an extensive array of products across various Indian industries, including healthcare, manufacturing, automotive, safety, electronics, energy, commercial solutions, transportation,...
How the Company Makes Money
3M India makes money primarily by selling branded 3M products and solutions to business customers, institutions, and consumers in India. Revenue is generated through multiple product categories that align to end-markets such as industrial/manufact...
3M India Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
85
Very Positive
Cash Flow
81
Very Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 53.17B | 50.90B | 44.43B | 41.87B | 39.57B | 33.34B |
| Gross Profit | 17.64B | 16.12B | 16.97B | 15.91B | 14.29B | 11.86B |
| EBITDA | 9.81B | 10.00B | 8.39B | 8.37B | 6.72B | 4.26B |
| Net Income | 5.78B | 5.22B | 4.76B | 5.83B | 4.51B | 2.72B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 31.37B | 30.15B | 32.48B | 27.14B | 30.06B |
| Cash, Cash Equivalents and Short-Term Investments | 8.12B | 8.18B | 9.37B | 13.55B | 8.11B | 13.28B |
| Total Debt | 0.00 | 1.70B | 995.35M | 181.78M | 267.47M | 245.75M |
| Total Liabilities | -17.68B | 13.69B | 11.68B | 11.01B | 10.37B | 8.22B |
| Stockholders Equity | 17.68B | 17.68B | 18.46B | 21.47B | 16.77B | 21.84B |
Cash Flow | ||||||
| Free Cash Flow | 2.66B | 5.01B | 3.69B | 6.12B | 4.05B | 2.57B |
| Operating Cash Flow | 2.82B | 5.59B | 4.24B | 6.43B | 4.65B | 3.27B |
| Investing Cash Flow | 116.34M | -569.70M | 2.53B | -2.69B | -154.69M | -407.31M |
| Financing Cash Flow | -6.13B | -6.23B | -7.89B | -1.28B | -9.80B | -211.94M |
3M India Limited Technical Analysis
Negative
35382.55
Price Trends
34639.69
Negative
33340.49
Negative
33563.13
Negative
Market Momentum
-517.31
Positive
37.11
Neutral
23.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:3MINDIA, the sentiment is Negative. The current price of 35382.55 is above the 20-day moving average (MA) of 33624.21, above the 50-day MA of 34639.69, and above the 200-day MA of 33563.13, indicating a bearish trend. The MACD of -517.31 indicates Positive momentum. The RSI at 37.11 is Neutral, neither overbought nor oversold. The STOCH value of 23.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:3MINDIA.
3M India Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹30.01B | 10.66 | ― | 4.88% | 8.87% | 2.96% | |
63 Neutral | ₹208.70B | 99.29 | ― | 0.37% | 10.14% | -13.46% | |
59 Neutral | ₹372.18B | 63.96 | ― | 0.48% | 15.71% | 16.33% | |
59 Neutral | ₹174.66B | 94.68 | ― | 0.27% | 12.78% | -40.29% | |
58 Neutral | ₹519.79B | 84.59 | ― | 0.13% | 17.62% | -6.11% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | ₹381.47B | 32.16 | ― | 0.26% | 16.89% | 16.60% |
* General Sector Average
IN:3MINDIA
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3M India Limited Corporate Events
3M India Shares Investor Presentation for Analyst Meet in Mumbai
May 27, 2026
3M India Limited has announced that it has prepared and shared an investor presentation for an analyst and institutional investors meeting scheduled in Mumbai on May 27, 2026. The presentation, disclosed in line with SEBI listing regulations and a...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.