3M India share price & results
- Jun 2026
- Sept 2026
Indian subsidiary of US-based 3M Company making safety, industrial, transportation/electronics, healthcare and consumer products.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,423 | +19.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 17.0 | −3.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 233 | +30.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | +7.1 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | +4.4 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | −12.9 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −2.9% 1Y
1Y: ₹29,735 on 24 Oct 2025 → ₹28,865. High ₹37,635 (10 Feb 2026), low ₹28,815 (23 Oct 2026).
- Previous close
- ₹29,225
- Market cap
- ₹32.5k Cr
- 52-week range
- ₹28,815 – ₹37,635
- One year
- −3.83%
Overview
- Symbol
- NSE:3MINDIA
- Sector
- Diversified
- Exchange
- NSE
- Currency
- INR
What 3M India does
Based on the company's own presentations, annual report and earnings calls.
3M India Limited, incorporated in 1987 and publicly listed since 1991, is the Indian subsidiary of 3M Company (USA) that manufactures and markets science-based products across four business groups — Transportation & Electronics, Safety & Industrial, Healthcare and Consumer. It operates three manufacturing facilities (Electronic City Bangalore, Ahmedabad and Ranjangaon), an R&D centre and two Customer Technical Centers in Bangalore and Delhi that adapt 3M's global technology platforms into India-specific products. The company reaches customers through direct sales, distribution, e-commerce and specialised channel partnerships, selling well-known consumer brands such as Scotch, Post-it, Command, Scotch-Brite, Filtrete and Meguiar's alongside industrial, safety, transportation/electronics and healthcare products supplied to institutional and retail customers.
Segments
- Transportation & Electronics
- Safety & Industrial
- Healthcare
- Consumer
- Manufacturing facilities
- 3
- Employees
- ~1,273
- Business groups (segments)
- 4
- R&D centre
- 1
- Customer Technical Centers
- 2 (Bangalore, Delhi)
- Global 3M technology platforms leveraged
- 49
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2019 to Mar 2024).
Financials
What the filings say
Net profit, year on year: +31% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,111 | 1,090 | 1,198 | 1,196 | 1,266 | 1,228 | 1,399 | 1,423 |
| Expenses | 927 | 936 | 971 | 954 | 1,011 | 997 | 1,142 | 1,185 |
| Operating profit | 183 | 154 | 227 | 242 | 256 | 231 | 257 | 238 |
| Operating margin | 16.0% | 14.0% | 19.0% | 20.0% | 20.0% | 19.0% | 18.0% | 17.0% |
| Other income | 18 | 17 | 14 | 15 | 12 | -65 | 52 | 85 |
| Interest | 4 | 3 | 1 | 2 | 2 | 35 | 4 | 4 |
| Depreciation | 14 | 14 | 14 | 15 | 15 | 16 | 17 | 17 |
| Profit before tax | 183 | 154 | 225 | 239 | 251 | 115 | 289 | 302 |
| Tax rate | 27.0% | 26.0% | 68.0% | 26.0% | 24.0% | 154.0% | 26.0% | 23.0% |
| Net profit | 134 | 114 | 71 | 178 | 191 | -62 | 215 | 233 |
| EPS (₹ per share) | 118.76 | 100.99 | 63.35 | 157.73 | 169.85 | -55.08 | 191.16 | 206.90 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 3,336 | 3,960 | 4,056 | 4,446 | 5,089 |
| Expenses | 2,943 | 3,355 | 3,324 | 3,675 | 4,104 |
| Operating profit | 393 | 604 | 731 | 769 | 986 |
| Other income | 33 | 68 | 74 | 71 | 14 |
| Interest | 4 | 8 | 4 | 11 | 43 |
| Depreciation | 55 | 58 | 53 | 56 | 63 |
| Profit before tax | 368 | 607 | 749 | 773 | 894 |
| Net profit | 272 | 451 | 559 | 476 | 522 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 2,478 | 1,937 | 2,136 | 1,835 | 1,599 | 1,757 |
| Borrowings | 24 | 27 | 18 | 100 | 103 | 170 |
| Other liabilities | 744 | 940 | 1,083 | 1,069 | 944 | 1,199 |
| Total liabilities | 3,257 | 2,914 | 3,248 | 3,015 | 2,658 | 3,137 |
| Fixed assets | 291 | 322 | 332 | 417 | 411 | 485 |
| Capital work in progress | 23 | 25 | 12 | 10 | 18 | 14 |
| Investments | 505 | 505 | 0 | 0 | 0 | 0 |
| Other assets | 2,439 | 2,063 | 2,903 | 2,588 | 2,229 | 2,639 |
| Total assets | 3,257 | 2,914 | 3,248 | 3,015 | 2,658 | 3,137 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 312 | 334 | 425 | 643 | 355 | 514 |
| Cash from investing | -16 | -43 | -20 | -269 | 322 | -11 |
| Cash from financing | -25 | -21 | -980 | -128 | -789 | -623 |
| Net cash flow | 271 | 269 | -575 | 246 | -112 | -121 |
| Free cash flow | 274 | 266 | 365 | 612 | 300 | 457 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 69 | 58 | 58 | 61 | 65 | 60 |
| Inventory days | 105 | 86 | 89 | 77 | 89 | 102 |
| Days payable | 114 | 96 | 111 | 120 | 104 | 102 |
| Cash conversion cycle | 60 | 49 | 36 | 19 | 50 | 60 |
| Working capital days | 54 | 36 | 31 | 22 | 38 | 40 |
| Return on capital employed | 9.0% | 15.0% | 25.0% | 38.0% | 38.0% | 50.0% |
| Dividend payout | 0.0% | 0.0% | 257.0% | 132.0% | 127.0% | 109.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Transportation & Electronics contributes 35.4% of reported segment revenue.
Quarter ended 30 Jun 2026 · Standalone
- Transportation & Electronics 35.4%
₹503.36 crore
- Safety & Industrial 32.7%
₹465.33 crore
- Health Care 20.9%
₹296.99 crore
- Consumer 10.4%
₹147.96 crore
- Others 0.7%
₹9.57 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Transportation & Electronics | 503.36 | 35.4% |
| Safety & Industrial | 465.33 | 32.7% |
| Health Care | 296.99 | 20.9% |
| Consumer | 147.96 | 10.4% |
| Others | 9.57 | 0.7% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹1,423.21 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹1,423.21 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
What the price assumes
Growth trapTo justify its price of ₹28865, this stock must grow earnings at 36% every year for 7 years. Our analysis caps realistic growth at ~16%. At that growth it is worth ₹10516 — downside of 64%.
- Growth the price implies
- 35.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 15.5% a year
- net profit, FY22–FY26 · EPS 15.5%
- The gap
- 0.2 pp
- -64% downside if it only repeats history
Ownership
Who owns it
Promoters hold 75.00% as of Sept 2026; institutions added 0.01 pts since Jun 2026.
- Promoters 75.00%
- Foreign institutions 3.69%
- Domestic institutions 7.98%
- Public 13.32%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.04% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of 3M India above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 75.00% | unchanged | |
| Mutual fund | 2.51% | unchanged |
| 1.48% | unchanged | |
| 1.04% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in 3MINDIA
Filings to Sep 2026
0 new, 2 added, 0 trimmed, 6 sold out — net +0.02 L shares (+0.8%).
- Held by funds
- ₹932 Cr
- 9 schemes
- Biggest holder
- Nippon India Focused Fund
- ₹238 Cr · 3.0% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| Nippon India Focused Fund Nippon India Mutual Fund | ₹238 Cr | +0.08 L | Jun '22 |
| Nippon India Growth Mid Cap Fund Nippon India Mutual Fund | ₹193 Cr | held | Jun '22 |
| Nippon India Multi Cap Fund Nippon India Mutual Fund | ₹180 Cr | held | Jun '22 |
| Nippon India ELSS Tax Saver Fund Nippon India Mutual Fund | ₹156 Cr | held | Jun '22 |
| Nippon India Innovation Fund Nippon India Mutual Fund | ₹92 Cr | held | Sep '23 |
| Nippon India Balanced Advantage Fund Nippon India Mutual Fund | ₹42 Cr | held | Aug '23 |
| HDFC Innovation Fund HDFC Mutual Fund | ₹22 Cr | held | Jul '25 |
| Nippon India MNC Fund Nippon India Mutual Fund | ₹7 Cr | held | Aug '25 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Sep 2026
2 added, 0 trimmed — net +2,158 shares (+0.8%)
- Funds are sitting on
- +14%
- vs est. average cost
- Held by funds
- ₹932 Cr
- 9 schemes · ≈ 2.6% of the company
- Biggest holder
- Nippon India Focused Fund
- ₹238 Cr · 3.0% of that fund
Shares held by these funds −2%
Oct '23 2.90 L shares Sep '26
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