3M India Ltd.
3M India Limited manufactures and trades in various products in India and internationally. It operates in four segments: Safety & Industrial; Transportation & Electronics; Health Care; and Consumer. The company offers vinyl, polyester, foil, and specialty industrial tapes and adhesives, such as masking tapes, and filament and packaging tapes; functional and decorative graphics; abrasion-resistant films; and other specialty materials. In addition, the company offers 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. Further, it provides home and office tapes, and packaging protection platforms; note pads, dispensers, flagging solution, and labels; and stain protection products. The company sells its products under the Command, Littmann, Nexcare, Post-it, Scotch-Brite, and Scotch brands for the automotive, commercial solutions, consumer markets, design and construction, electronics, energy, health care, manufacturing, safety, and transportation industries. It also exports its products. The company was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited operates as a subsidiary of 3M Company.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Jul has averaged the highest return (+4.7%); Feb the lowest (-5.2%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.6%Neutral MonthJan 2026: -1.64% | +8.8%Positive MonthFeb 2026: +8.76% | -19.8%Negative MonthMar 2026: -19.79% | +10.6%Positive MonthApr 2026: +10.56% | -0.1%Neutral MonthMay 2026: -0.15% | -0.9%Neutral MonthJun 2026: -0.88% | +5.0%Positive MonthJul 2026: +5.00% | -1.1%*Neutral MonthAug 2026: -1.07% | β | β | β | β |
| 2025 | -2.3%Negative MonthJan 2025: -2.31% | -11.6%Negative MonthFeb 2025: -11.63% | +9.9%Positive MonthMar 2025: +9.85% | +4.4%Positive MonthApr 2025: +4.42% | -3.0%Negative MonthMay 2025: -2.97% | -2.4%Negative MonthJun 2025: -2.42% | +7.9%Positive MonthJul 2025: +7.94% | -0.0%Neutral MonthAug 2025: -0.04% | -4.4%Negative MonthSep 2025: -4.42% | +0.4%Neutral MonthOct 2025: +0.43% | +17.7%Positive MonthNov 2025: +17.65% | +0.9%Neutral MonthDec 2025: +0.94% |
| 2024 | -7.4%Negative MonthJan 2024: -7.42% | -6.8%Negative MonthFeb 2024: -6.84% | -2.6%Negative MonthMar 2024: -2.60% | -2.5%Negative MonthApr 2024: -2.51% | +9.5%Positive MonthMay 2024: +9.46% | +10.4%Positive MonthJun 2024: +10.41% | +6.7%Positive MonthJul 2024: +6.70% | -9.3%Negative MonthAug 2024: -9.28% | -4.8%Negative MonthSep 2024: -4.84% | +6.2%Positive MonthOct 2024: +6.24% | -10.6%Negative MonthNov 2024: -10.58% | -5.6%Negative MonthDec 2024: -5.59% |
| 2023 | +5.5%Positive MonthJan 2023: +5.47% | -1.4%Neutral MonthFeb 2023: -1.40% | +0.8%Neutral MonthMar 2023: +0.82% | -2.0%Negative MonthApr 2023: -2.04% | +11.7%Positive MonthMay 2023: +11.68% | +7.2%Positive MonthJun 2023: +7.20% | +3.2%Positive MonthJul 2023: +3.15% | +11.9%Positive MonthAug 2023: +11.89% | +2.4%Positive MonthSep 2023: +2.45% | -7.0%Negative MonthOct 2023: -6.97% | +4.5%Positive MonthNov 2023: +4.53% | +19.9%Positive MonthDec 2023: +19.92% |
| 2022 | -1.3%Neutral MonthJan 2022: -1.34% | -15.0%Negative MonthFeb 2022: -15.03% | -7.4%Negative MonthMar 2022: -7.39% | +1.5%Neutral MonthApr 2022: +1.45% | +1.1%Neutral MonthMay 2022: +1.11% | +8.4%Positive MonthJun 2022: +8.41% | +4.0%Positive MonthJul 2022: +4.05% | +2.3%Positive MonthAug 2022: +2.32% | +5.4%Positive MonthSep 2022: +5.43% | -5.2%Negative MonthOct 2022: -5.19% | +0.3%Neutral MonthNov 2022: +0.32% | -6.0%Negative MonthDec 2022: -6.01% |
| 2021 | β | β | β | β | β | -4.4%Negative MonthJun 2021: -4.42% | +1.3%Neutral MonthJul 2021: +1.29% | -1.2%Neutral MonthAug 2021: -1.21% | +2.1%Positive MonthSep 2021: +2.11% | +1.9%Neutral MonthOct 2021: +1.88% | -1.2%Neutral MonthNov 2021: -1.25% | +1.2%Neutral MonthDec 2021: +1.20% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ4.45 K Cr | β | βΉ476.00 Cr | β | β | 25.8% | 6.1% | -18.4% |
| Mar 2024 | βΉ4.19 K Cr | β | βΉ583.00 Cr | β | β | 27.2% | 12.2% | 40.1% |
| Mar 2023 | βΉ3.73 K Cr | β | βΉ416.00 Cr | β | β | 21.4% | 21.3% | 56.4% |
| Mar 2022 | βΉ3.08 K Cr | β | βΉ266.00 Cr | β | β | 10.7% | 27.2% | 78.5% |
| Mar 2021 | βΉ2.42 K Cr | β | βΉ149.00 Cr | β | β | 6.7% | -12.5% | -32.0% |
| Mar 2020 | βΉ2.77 K Cr | β | βΉ219.00 Cr | β | β | 10.6% | -1.6% | -32.2% |
| Mar 2019 | βΉ2.81 K Cr | β | βΉ323.00 Cr | β | β | 17.4% | 9.9% | 3.9% |
| Mar 2018 | βΉ2.56 K Cr | β | βΉ311.00 Cr | β | β | 20.2% | 8.2% | 29.0% |
| Mar 2017 | βΉ2.36 K Cr | β | βΉ241.00 Cr | β | β | 19.7% | 10.4% | 23.6% |
| Mar 2016 | βΉ2.14 K Cr | β | βΉ195.00 Cr | β | β | 19.7% | 16.3% | 80.6% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 1,742 | 1,840 | 2,140 | 2,363 | 2,556 | 2,809 | 2,765 | 2,420 | 3,078 | 3,733 | 4,189 | 4,446 | 4,751 |
| Total Expenses | 1,630 | 1,636 | 1,803 | 1,994 | 2,076 | 2,301 | 2,425 | 2,183 | 2,696 | 3,174 | 3,430 | 3,676 | 3,872 |
| EBIT / Operating Profit | 112 | 204 | 337 | 369 | 480 | 508 | 340 | 238 | 382 | 560 | 759 | 770 | 878 |
| OPM % | 6% | 11% | 16% | 16% | 19% | 18% | 12% | 10% | 12% | 15% | 18% | 17% | 18% |
| Other Income | 19 | 14 | 18 | 49 | 44 | 33 | 42 | 27 | 35 | 64 | 78 | 70 | 58 |
| Finance Costs | 15 | 4 | 2 | 2 | 2 | 1 | 4 | 2 | 4 | 7 | 3 | 11 | 9 |
| Depreciation & Amortisation | 48 | 50 | 49 | 47 | 42 | 42 | 57 | 60 | 53 | 56 | 53 | 55 | 58 |
| Profit Before Tax | 69 | 165 | 303 | 369 | 480 | 497 | 320 | 202 | 360 | 561 | 781 | 773 | 870 |
| Tax % | 38% | 34% | 36% | 35% | 35% | 35% | 32% | 26% | 26% | 26% | 25% | 38% | - |
| Net Profit / PAT | 43 | 108 | 195 | 241 | 311 | 323 | 219 | 149 | 266 | 416 | 583 | 476 | 554 |
| EPS (βΉ) | 38.16 | 96.17 | 172.89 | 213.72 | 275.67 | 286.72 | 194.38 | 132.53 | 236.29 | 369.41 | 517.90 | 422.61 | 491.92 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 257% | 132% | 127% | - |
Peer Comparison
Diversified sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| 3M India Ltd.this co. | βΉ39.24 K Cr | βΉ4.45 K Cr | 70.80 | 24.47 | 46.20 | 6.1% |
| Grasim Industries Ltd | βΉ1.89 L Cr | βΉ31.56 K Cr | 549.00 | 3.43 | 68.70 | 22.1% |
| Godrej Industries Ltd. | βΉ33.63 K Cr | βΉ4.17 K Cr | 36559.00 | 18.99 | 89.85 | 38.2% |
| DCM Shriram Limited | βΉ18.37 K Cr | βΉ11.78 K Cr | 26.70 | 2.54 | 18.58 | 10.5% |
| Balmer Lawrie & Co. Ltd. | βΉ2.96 K Cr | βΉ2.48 K Cr | 12.30 | 2.00 | 7.91 | 7.7% |
| Industry Average | β | βΉ10.89 K Cr | 164.70 | 10.29 | 46.25 | 16.9% |
