3M India Limited (3MINDIA) AI Stock Analysis

• Market Cap: ₹333.02B
• Dividend Yield: 0.54%
• Average Volume (3M): 187.00
• Price to Earnings (P/E): 67.1
• Beta (1Y): 0.54
• Revenue Growth: 9.76%
• EPS Growth: -18.77%
• Country: IN
• Employees: 1,033
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Conglomerates
• EPS (TTM): 157.73
• Shares Outstanding: 11,265,070
• 10 Day Avg. Volume: 116
• 30 Day Avg. Volume: 187
• PEG Ratio: -3.63
• Price to Book (P/B): 17.22
• Price to Sales (P/S): 7.15
• P/FCF Ratio: 86.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹33,117.00
• Price Target Upside: 12.03% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: ₹33,117.00 ▲(12.03% Upside)

3M India Limited's overall stock score is driven by its strong financial performance, which is the most significant factor. The company's robust profitability and efficient operations support its financial stability. However, technical analysis indicates bearish momentum, and the high P/E ratio suggests overvaluation, which negatively impacts the score. The absence of earnings call data and notable corporate events means these factors do not influence the score.

3M India Limited Business Overview & Revenue Model

Company Description

3M India Limited is a diversified technology and science company operating in India, affiliated with the global conglomerate 3M. The company operates across several sectors, including Consumer, Health Care, Safety and Industrial, and Transportation and Electronics. It offers a wide range of innovative products and solutions, such as adhesives, abrasives, personal protective equipment, medical supplies, and electronic materials, catering to various industries and consumer needs.

How the Company Makes Money

3M India Limited generates revenue through the sale of its diverse portfolio of products and solutions across multiple sectors. The company leverages its strong brand and technological expertise to offer high-performance products that meet the needs of its industrial, healthcare, and consumer clients. Key revenue streams include direct sales to businesses and government entities, retail sales through distributors and partners, and strategic collaborations with other companies. The company's earnings are significantly influenced by its ability to innovate and introduce new products that address emerging market demands and by maintaining strong relationships with its distribution channels.

3M India Limited Financial Statement Overview

Summary

3M India Limited exhibits a robust financial position with strong profitability and efficient operations. The income statement shows solid revenue growth and profitability margins, although recent pressures are evident. The balance sheet is well-capitalized with minimal leverage, supporting financial stability. Cash flow generation is generally strong, though recent fluctuations in free cash flow suggest the need for careful cash management.

Income Statement

3M India Limited demonstrates a strong income statement performance. The gross profit margin shows consistent strength, with a slight decline in recent years. The net profit margin is healthy, although it experienced a dip in the latest year, indicating potential cost pressures. Revenue growth is steady, reflecting solid market demand and operational efficiency. The EBIT and EBITDA margins are robust, underscoring effective cost management and profitability.

Balance Sheet

The balance sheet of 3M India Limited is strong, with a low debt-to-equity ratio indicating minimal leverage risk. The equity ratio is solid, reflecting a well-capitalized balance sheet. Return on equity is strong, showcasing the company's efficient use of equity capital to generate profits. However, there has been a decline in stockholders' equity, suggesting potential issues with equity retention or asset utilization.

Cash Flow

The cash flow statement reflects a mixed performance. Free cash flow growth has been inconsistent, with a decline in recent periods. The operating cash flow to net income ratio is healthy, indicating efficient cash generation relative to earnings. However, the free cash flow to net income ratio has shown some volatility, which could signify challenges in sustaining free cash flow levels.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	45.95B	44.46B	41.89B	39.59B	33.34B	26.03B
Gross Profit	17.43B	13.03B	11.91B	14.99B	11.86B	9.65B
EBITDA	8.69B	8.40B	8.37B	6.72B	4.25B	2.84B
Net Income	4.97B	4.76B	5.83B	4.51B	2.72B	1.62B
Balance Sheet
Total Assets	0.00	30.15B	32.48B	27.14B	30.06B	26.52B
Cash, Cash Equivalents and Short-Term Investments	9.33B	9.37B	13.55B	8.11B	13.28B	10.62B
Total Debt	0.00	995.35M	181.78M	267.47M	245.75M	231.26M
Total Liabilities	-18.46B	11.68B	11.01B	10.37B	8.22B	7.41B
Stockholders Equity	18.46B	18.46B	21.47B	16.77B	21.84B	19.10B
Cash Flow
Free Cash Flow	0.00	3.69B	6.12B	4.05B	2.57B	2.80B
Operating Cash Flow	0.00	4.24B	6.43B	4.65B	3.27B	3.21B
Investing Cash Flow	0.00	2.53B	-2.69B	-154.69M	-407.31M	-141.87M
Financing Cash Flow	0.00	-7.89B	-1.28B	-9.80B	-211.94M	-250.37M

3M India Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 29562.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:3MINDIA, the sentiment is Neutral. The current price of 29562 is above the 20-day moving average (MA) of 29321.29, below the 50-day MA of 30198.80, and above the 200-day MA of 29053.21, indicating a neutral trend. The MACD of -231.53 indicates Negative momentum. The RSI at 49.45 is Neutral, neither overbought nor oversold. The STOCH value of 69.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:3MINDIA.

3M India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZYDUSWELL	73 Outperform	₹146.53B	44.80	―	0.26%	10.63%	7.53%
CASTROLIND	72 Outperform	₹196.88B	20.59	―	6.53%	7.57%	8.08%
PGHH	70 Outperform	₹447.15B	53.96	―	1.96%	7.85%	12.60%
3MINDIA	69 Neutral	₹333.02B	67.06	―	0.54%	9.76%	-18.77%
GILLETTE	66 Neutral	₹305.00B	54.14	―	1.20%	13.05%	38.04%
PGEL	64 Neutral	₹167.01B	60.51	―	0.08%	49.07%	36.05%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

3M India Limited Corporate Events

3M India Settles Tax Disputes Under Vivad Se Vishwas Scheme

3M India Limited has announced its participation in the Direct Tax Vivad Se Vishwas Scheme, 2024, to resolve ongoing income tax litigations for the financial years 2004-05 to 2013-14. The company has received a Certificate in Form 2 for the financial year 2011-12, resulting in an additional tax liability of Rs. 3.58 crores, which has been accounted for as a one-time expense in the financial statement for FY 2024-25. This settlement does not materially impact the company’s operations or activities.

3M India Settles Tax Disputes Under Vivad Se Vishwas Scheme

3M India Limited has opted for the Direct Tax Vivad Se Vishwas Scheme, 2024, to settle some of its open tax litigations for the financial years 2004-05 to 2013-14. The company received a Certificate in Form 2 for FY 2013-14, which determines the amount payable under the scheme, resulting in an additional tax liability of Rs. 17.20 Crs. This liability has been recognized as a one-time expense in the company’s financial statements for FY 2024-25, with no material impact on its operations.

3M India Announces Trading Window Closure in Compliance with SEBI Regulations

3M India Limited announced the closure of its trading window in compliance with SEBI regulations and the company’s Code of Conduct. This closure will affect promoters, directors, and designated persons, and will remain in effect from July 1, 2025, until 48 hours after the financial results for the quarter ending June 30, 2025, are declared. This move is part of the company’s efforts to ensure transparency and adherence to insider trading regulations, impacting stakeholders by temporarily restricting trading activities.