3M India Limited (3MINDIA) AI Stock Analysis

• Market Cap: ₹384.21B
• Dividend Yield: 0.46%
• Average Volume (3M): 187.00
• Price to Earnings (P/E): 69.3
• Beta (1Y): 0.41
• Revenue Growth: 11.58%
• EPS Growth: -7.49%
• Country: IN
• Employees: 1,033
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Conglomerates
• EPS (TTM): 169.85
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: ₹39,263.00 ▲(12.06% Upside)

3M India Limited's strong financial performance is the most significant factor, reflecting robust profitability and a solid balance sheet. However, technical analysis indicates potential overbought conditions, and the high P/E ratio suggests overvaluation, which tempers the overall score. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Strong Financial Position

The company's strong financial position, characterized by robust profitability and efficient operations, ensures long-term stability and resilience against market fluctuations.

Well-Capitalized Balance Sheet

A well-capitalized balance sheet with minimal leverage reduces financial risk and enhances the company's ability to invest in growth opportunities.

Revenue Growth

Consistent revenue growth indicates strong market demand and effective operational strategies, supporting long-term business expansion.

Negative Factors

Decline in Stockholders' Equity

A decline in stockholders' equity can signal challenges in maintaining asset value or profitability, potentially impacting future financial health.

Free Cash Flow Volatility

Volatility in free cash flow growth may hinder the company's ability to fund operations and investments, affecting long-term financial flexibility.

Net Profit Margin Decline

A decline in net profit margin suggests rising costs or pricing pressures, which could impact profitability and competitive positioning over time.

3M India Limited Business Overview & Revenue Model

Company Description

3M India Limited engages in the manufacture and trade of various products for health care, manufacturing, automotive, safety, electronics, energy, commercial solutions, transportation, and design and construction industries in India. The company operates through four segments: Safety and Industrial, Health Care, Transportation and Electronics, and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil, and specialty industrial tapes and adhesives, such as scotch masking tapes, scotch filament and packaging tapes, functional and decorative graphics, abrasion-resistant films, masking tapes, and other specialty materials. This segment serves industrial, electrical, vehicle maintenance, and safety markets. The Health Care segment provides medical and surgical supplies; medical devices; skin and wound care, as well as infection prevention products and solutions; drug delivery systems; dental and orthodontic products; and food safety products. The Transportation and Electronics segment offers personal protection products, brand and asset protection solutions, border control products, passive fire protection products for industries and commercial establishments, track and trace products, and cleaning and hygiene products for the hospitality industry, as well as traffic signs, and pavement marking and vehicle registration products and services; films, inks, and digital signage products; wall and glass cladding products; and projection systems, computer and ATM-screen privacy filters, and brightness enhancement films. The Consumer segment provides home and office tapes, adhesives, and packaging protection platforms under the Scotch brand; note pads, dispensers, flagging solution, and labels under the Post-it brand; and stain protection products under the Scotchguard brand. It also exports its products. The company was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited is a subsidiary of 3M Company.

How the Company Makes Money

3M India Limited generates revenue through a diverse portfolio of products and services across various industries. The company primarily earns money by selling its innovative products, which include industrial adhesives, personal protective equipment, healthcare products, and consumer goods. Key revenue streams include direct sales to businesses, partnerships with distributors, and collaborations with healthcare institutions. Additionally, the company's focus on research and development allows it to introduce new products and enhance existing ones, further contributing to its earnings. Strategic partnerships with local businesses and government initiatives also play a crucial role in expanding its market reach and boosting sales.

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: 35036.10
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 35036.1 is below the 20-day moving average (MA) of 35123.13, above the 50-day MA of 34925.08, and above the 200-day MA of 30828.18, indicating a neutral trend. The MACD of 91.43 indicates Positive momentum. The RSI at 41.87 is Neutral, neither overbought nor oversold. The STOCH value of 14.84 is Positive, 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
CASTROLIND	72 Outperform	₹186.50B	19.10	―	6.86%	6.83%	8.79%
3MINDIA	69 Neutral	₹384.21B	69.33	―	0.46%	11.58%	-7.49%
PGEL	68 Neutral	₹170.21B	65.75	―	0.08%	39.89%	22.90%
ZYDUSWELL	66 Neutral	₹141.63B	55.89	―	0.28%	14.55%	-20.61%
PGHH	63 Neutral	₹406.60B	49.19	―	2.08%	8.28%	11.65%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GILLETTE	56 Neutral	₹257.50B	44.86	―	1.39%	7.42%	22.99%