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3M India Ltd (3MINDIA)

₹39002.40.92%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for 3M India Ltd. An average target of ₹39500

Source: S&P Global Market Intelligence

3M India Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹38,557.7
    ₹40,100.05
  • 52 Week's Low

    52 Week's High

    ₹26,628
    ₹40,856.5
1 Month Return+ 4.26 %
3 Month Return+ 32.41 %
1 Year Return+ 36.49 %
Previous Close₹38,646.00
Open₹40,000.00
Volume4,253.00
Upper Circuit-
Lower Circuit-
Market Cap₹43,554.04Cr

Key Statistics

P/E Ratio74.62
PEG Ratio0.63
Market Cap₹43,554.04 Cr
P/B Ratio13.31
EPS325.06

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Nippon India Focused Equity Fund - Direct Plan - Growth OptionNippon India Focused Equity Fund - Direct Plan - Growth Option3.83%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth0.94%
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct1.02%
Canara Robeco Emerging Equities Direct Plan Growth OptionCanara Robeco Emerging Equities Direct Plan Growth Option0.94%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth0.72%

Company Information

3M India Ltd is a subsidiary of the global conglomerate 3M, incorporated in 1987. The company operates across multiple lines of business, including health care, consumer, safety and industrial.

3M India Ltd has a wide range of products, ranging from abrasives, adhesives, films and tapes, to personal protection equipment, health care products, and much more. Some of their most popular products include Scotch-Brite, sponges and scourers, Scotch¬tapes, Post-it-notes, and Filtrete and air filters. 3M India Ltd is also the market leader in several categories, such as air filtration, abrasives, and adhesives.

Share Price: ₹39002.40 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹43,554.04Cr as of today
Revenue: ₹1,094.55Cr as on March 2024 (Q1 24)
Net Profit: ₹172.85Cr as on March 2024 (Q1 24)
Listing date: 23 Jan, 1995
Chairperson Name: Bharat Shah
Organisation3M India Ltd
HeadquartersBangalore
IndustryDiversified
E-voting on sharesClick here to vote

Key events for 3M India Ltd

  • 3M India Ltd Announces Final and Special Dividend Payout - 03 Jul, 2024

    3M India Ltd has fixed July 5, 2024 as the record date for its final dividend of ₹160 per share and a special dividend of ₹525 per share, totaling to ₹685 per share. Shareholders owning shares in their demat account on the record date will be eligible for the payout.

  • 3M India Stock Sees Significant Growth - 01 Jul, 2024

    3M India's stock has seen significant growth of 21% over the past three months, with a higher return on equity and net income growth than the industry average. The company is investing heavily in its business, resulting in sizeable earnings growth, but analysts forecast a slowdown.

  • 3M India Reports Strong Financial Results for March 2024 Quarter - 18 Jun, 2024

    3M India's net sales for the March 2024 quarter were Rs. 1,094.55 crore, up 4.64% YoY, with a quarterly net profit of Rs. 172.85 crore, up 27.36% YoY. The company's EPS has increased to Rs. 153.44 in March 2024 from Rs. 120.48 in March 2023. The stock has given returns of 17.16% over the last 6 months and 29.66% over the last 12 months.

  • 3M India Ltd Stock Price Surges by 25% - 13 Jun, 2024

    The stock price of 3M India Ltd has surged by 25% in the last month and is up 29% in the last year. However, with a P/E ratio of 69.9x, it may be considered a stock to avoid entirely. The strong earnings performance has raised the P/E, but if this does not persist, existing shareholders might be nervous about the viability of the share price.

Insights on 3M India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 135.24 Cr → 172.85 Cr (in ₹), with an average increase of 21.8% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.02K Cr → 1.12K Cr (in ₹), with an average increase of 9.1% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 3.56% to 3.64% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, 3MINDIA stock has moved up by 32.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Nava Ltd has given 567.1% return, outperforming this stock by 508.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.00% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Nava Ltd has given 127.5% return, outperforming this stock by 91.0%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 12.91% to 12.90% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 7.38% to 7.21% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,094.55Cr
↑8.84%
Net Income
₹172.85Cr
↑27.81%
Net Profit Margin
15.79%
↑17.40%
2023Y/Y Change
Revenue
₹3,959.37Cr
↑18.69%
Net Income
₹451.02Cr
↑65.83%
Net Profit Margin
11.39%
↑39.75%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹2,922.34Cr
↓10.49%
Total Liabilities
₹974.50Cr
↑25.60%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹424.65Cr
↑27.27%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75%
0.00
Foreign Institutions
3.64%
0.00
Mutual Funds
7.21%
0.00
Retail Investors
12.9%
0.00
Others
1.25%
0.00

Key Indicators

3M India Ltd Valuation

3M India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (55.26x)

May 15, 2024

Industry (71.82x)

July 12, 2024

Today (74.62x)

July 12, 2024

Highest (220.26x)

March 30, 2021

LowHigh

Earnings and Dividends

  • 3M India Ltd Earnings Results

    3M India Ltd’s net profit jumped 27.36% since last year same period to ₹172.85Cr in the Q4 2023-2024. On a quarterly growth basis, 3M India Ltd has generated 27.81% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • 3M India Ltd Dividends May,2024

    In the quarter ending March 2024, 3M India Ltd has declared dividend of ₹160 - translating a dividend yield of 2.03%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

3M India Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy 3M India Ltd shares.

3M India Ltd (3MINDIA) share price today is ₹39002.4

3M India Ltd is listed on NSE

3M India Ltd is listed on BSE

  • Today’s highest price of 3M India Ltd is ₹40100.05.
  • Today’s lowest price of 3M India Ltd is ₹38557.7.

PE Ratio of 3M India Ltd is 74.62

PE ratio = 3M India Ltd Market price per share / 3M India Ltd Earnings per share

Today’s traded volume of 3M India Ltd(3MINDIA) is 4,253.00.

Today’s market capitalisation of 3M India Ltd(3MINDIA) is ₹43554.04Cr.

3M India Ltd(3MINDIAPrice
52 Week High
₹40856.5
52 Week Low
₹26628

3M India Ltd(3MINDIA) share price is ₹39002.4. It is down -4.54% from its 52 Week High price of ₹40856.5

3M India Ltd(3MINDIA) share price is ₹39002.4. It is up 46.47% from its 52 Week Low price of ₹26628

3M India Ltd(3MINDIAReturns
1 Day Returns
356.4%
1 Month Returns
4.26%
3 Month Returns
32.41%
1 Year Returns
36.49%