āagman

3M India Ltd

NSE: 3MINDIA
₹30,240.00
+₹125.00 (+0.42%)
NSE · 21 Oct 2026, close
NSE
As of 31 Mar 2024
Market Cap
₹38,233 Cr
CMP
₹30,240.00
52-wk High / Low
₹38,030 / 28,730
P/E
62.5
P/B
17.8
Book Value
₹1,906.0
Div Yield
0.47%
ROCE
41.0%
ROE
30.5%
Face Value
₹10
D/E
0.01

Price+3.2% over 1Y

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Computed by āagman
Derived from 7 years and 13 quarters of filings. Not reported by the company.
As of 21 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹4,713
√(22.5 × EPS × book value per share)
ROIC
24.3%
vs 8.1% sector median
Cash flow to profit
1.10
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+310
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
21.5%
ROE × earnings retention ratio
ROE stability
7.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.02DII −0.18
Latest quarter vs the previous one
Cash-accrual divergence
−2.0%
of assets
Low = accruals track cash flow
Strengths
+Piotroski F-Score of 7/9 is in the strong band (≥7)
Watch-outs
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2024
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales7448408269269449779931,0461,0501,0401,0061,0951,047
Expenses696748731768827854822852877847827880841
Operating Profit489295158116123171194173192179214205
OPM %6.5%11.0%11.5%17.1%12.3%12.6%17.2%18.5%16.5%18.5%17.8%19.5%19.6%
Other Income8889113512101517173022
Interest1102101611113
Depreciation15131413141515141413131314
Profit before tax418789151113143167184173196181231211
Net Profit30646711184106125136129146135173157
EPS (₹)26.7257.0159.2498.4674.8094.30110.79120.48114.70129.70120.05153.44139.50

Profit & Loss

As of 30 Jun 2024
Consolidated · ₹ Cr · 7 years + TTM
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales2,7103,0172,9872,6053,3363,9594,1894,186
Expenses2,2112,4812,5372,3452,9473,3553,4303,396
Operating Profit499536450259389604759791
OPM %18.4%17.8%15.1%9.9%11.7%15.3%18.1%18.9%
Other Income5560462537687886
Interest21424735
Depreciation4444596255585353
Profit before tax508551433220368607781819
Net Profit333366322162272451583611
EPS (₹)295.91325.06285.99144.14241.43400.37517.90542.69

Balance Sheet

As of 30 Jun 2024
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Jun 2024
Equity Capital11111111111111—
Reserves1,0551,4221,7401,8992,1721,6662,136—
Borrowings10144223252718—
Other Liabilities1,2346725787187981,0101,083—
Total Liabilities2,3112,1182,3712,6523,0062,7143,248—
Fixed Assets303286306266307338332—
CWIP612724232512—
Investments0000000—
Other Assets2,0011,8202,0582,3622,6762,3522,903—
Total Assets2,3112,1182,3712,6523,0062,7143,248—

Cash Flows

As of 31 Mar 2024
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity36253245321327465643
Cash from Investing Activity25−5533−14−41−15−269
Cash from Financing Activity−23−25−25−21−980−128
Net Cash Flow59−297223282265−530246

Ratios

As of 31 Mar 2024
7 periods
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROCE %—44.027.012.018.031.041.0
ROE %——————30.5
EPS (₹)295.91325.06285.99144.14241.43400.37517.90
Book Value (₹)——————1,906.0
Face Value (₹)——————10
P/E——————62.5
Div Yield %——————0.47
NPM %12.011.910.66.28.111.213.7
OPM %18.018.015.010.012.015.018.0
D/E0.010.010.020.010.010.020.01
P/B——————17.8

Growth

As of 27 Sep 2026
Compounded sales growth
5 years+7.0%
3 years+17.0%
TTM+3.0%
Compounded profit growth
5 years+10.0%
3 years+53.0%
TTM+23.0%
Stock price CAGR
10 years+10.0%
5 years+7.0%
3 years+3.0%
Last year+16.0%
Return on equity
5 years19.0%
3 years22.0%
Last year30.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs9.18%9.18%9.17%8.29%4.85%3.76%4.25%3.72%3.64%3.78%3.52%3.50%
DIIs2.54%2.54%2.05%2.22%4.42%7.64%6.54%7.93%8.44%8.08%8.34%8.16%
Government————————————
Public13.28%13.28%13.78%14.49%15.73%13.60%14.21%13.35%12.92%13.13%13.15%13.33%
No. of shareholders16,29016,29018,14522,56430,11228,82337,23229,88429,19834,42529,80830,673
Change since Jun 2023 (pp)
Promoters +0.00FIIs −5.68DIIs +5.62Public +0.05

Documents

As of 27 Sep 2026
Announcements
Closure of Trading WindowESG RatingClarification On Volume MovementClarification sought from 3M India LtdShareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating update
Concalls
May 2026PPTMar 2026PPTJul 2024PPTMay 2024PPTJun 2023PPT

Corporate actions

As of 17 Jul 2026
17 Jul 2026DIVIDENDDividend - Rs 160 Per Share/Special Dividend - Rs 346 Per Share—
25 Jul 2025DIVIDENDDividend - Rs 160 Per Share & Special Dividend - Rs 375—
5 Jul 2024DIVIDENDSpecial Dividend - Rs 525 Per Share/ Dividend - Rs 160 Per Share—
26 Jul 2023DIVIDENDDividend - Rs 100 Per Share—
21 Nov 2022DIVIDENDSpecia Ldividend - Rs 850 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges.© 2026 āagman