3M India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 3, 2025, 1:52 am

Market Cap	32,207 Cr.
Current Price	28,671
High / Low	41,000/25,714
Stock P/E	52.7
Book Value	1,906
Dividend Yield	0.56 %
ROCE	40.5 %
ROE	30.5 %
Face Value	10.0
PEG Ratio	1.74

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for 3M India Ltd

Competitors of 3M India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
NESCO Ltd	6,628 Cr.	943	1,082/780	16.9	345	0.64 %	22.4 %	17.0 %	2.00
DCM Shriram Ltd	16,742 Cr.	1,078	1,371/885	30.8	426	0.61 %	8.99 %	6.60 %	2.00
Balmer Lawrie & Company Ltd	3,249 Cr.	190	320/147	12.5	104	4.47 %	15.6 %	14.7 %	10.0
3M India Ltd	32,207 Cr.	28,671	41,000/25,714	52.7	1,906	0.56 %	40.5 %	30.5 %	10.0
Industry Average	14,706.50 Cr	7,720.50		28.23	695.25	1.57%	21.87%	17.20%	6.00

All Competitor Stocks of 3M India Ltd

Quarterly Result

Metric	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	744	840	826	926	944	977	993	1,046	1,050	1,040	1,006	1,095	1,047
Expenses	696	748	731	768	827	854	822	852	877	847	827	880	841
Operating Profit	48	92	95	158	116	123	171	194	173	192	179	214	205
OPM %	6%	11%	12%	17%	12%	13%	17%	19%	16%	18%	18%	20%	20%
Other Income	8	8	8	9	11	35	12	10	15	17	17	30	22
Interest	1	1	0	2	1	0	1	6	1	1	1	1	3
Depreciation	15	13	14	13	14	15	15	14	14	13	13	13	14
Profit before tax	41	87	89	151	113	143	167	184	173	196	181	231	211
Tax %	26%	26%	25%	27%	26%	26%	25%	26%	25%	25%	25%	25%	26%
Net Profit	30	64	67	111	84	106	125	136	129	146	135	173	157
EPS in Rs	26.72	57.01	59.24	98.46	74.80	94.30	110.79	120.48	114.70	129.70	120.05	153.44	139.50

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for 3M India Ltd based on the most recent figures (Jun 2024) and their trends compared to the previous period:

For Sales, as of Jun 2024, the value is ₹1,047.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,095.00 Cr. (Mar 2024) to ₹1,047.00 Cr., marking a decrease of 48.00 Cr..
For Expenses, as of Jun 2024, the value is ₹841.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 880.00 Cr. (Mar 2024) to ₹841.00 Cr., marking a decrease of 39.00 Cr..
For Operating Profit, as of Jun 2024, the value is ₹205.00 Cr.. The value appears to be declining and may need further review. It has decreased from 214.00 Cr. (Mar 2024) to ₹205.00 Cr., marking a decrease of 9.00 Cr..
For OPM %, as of Jun 2024, the value is 20.00%. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 20.00%.
For Other Income, as of Jun 2024, the value is ₹22.00 Cr.. The value appears to be declining and may need further review. It has decreased from 30.00 Cr. (Mar 2024) to ₹22.00 Cr., marking a decrease of 8.00 Cr..
For Interest, as of Jun 2024, the value is ₹3.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.00 Cr. (Mar 2024) to ₹3.00 Cr., marking an increase of 2.00 Cr..
For Depreciation, as of Jun 2024, the value is ₹14.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13.00 Cr. (Mar 2024) to ₹14.00 Cr., marking an increase of 1.00 Cr..
For Profit before tax, as of Jun 2024, the value is ₹211.00 Cr.. The value appears to be declining and may need further review. It has decreased from 231.00 Cr. (Mar 2024) to ₹211.00 Cr., marking a decrease of 20.00 Cr..
For Tax %, as of Jun 2024, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Mar 2024) to 26.00%, marking an increase of 1.00%.
For Net Profit, as of Jun 2024, the value is ₹157.00 Cr.. The value appears to be declining and may need further review. It has decreased from 173.00 Cr. (Mar 2024) to ₹157.00 Cr., marking a decrease of 16.00 Cr..
For EPS in Rs, as of Jun 2024, the value is 139.50. The value appears to be declining and may need further review. It has decreased from 153.44 (Mar 2024) to 139.50, marking a decrease of 13.94.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 26, 2024, 2:43 pm

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	2,710	3,017	2,987	2,605	3,336	3,959	4,189	4,186
Expenses	2,211	2,481	2,537	2,345	2,947	3,355	3,430	3,396
Operating Profit	499	536	450	259	389	604	759	791
OPM %	18%	18%	15%	10%	12%	15%	18%	19%
Other Income	55	60	46	25	37	68	78	86
Interest	2	1	4	2	4	7	3	5
Depreciation	44	44	59	62	55	58	53	53
Profit before tax	508	551	433	220	368	607	781	819
Tax %	34%	33%	26%	26%	26%	26%	25%
Net Profit	333	366	322	162	272	451	583	611
EPS in Rs	295.91	325.06	285.99	144.14	241.43	400.37	517.90	542.69
Dividend Payout %	0%	0%	0%	0%	0%	237%	132%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	9.91%	-12.02%	-49.69%	67.90%	65.81%	29.27%
Change in YoY Net Profit Growth (%)	0.00%	-21.93%	-37.67%	117.59%	-2.09%	-36.54%

3M India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	7%
3 Years:	17%
TTM:	3%

Compounded Profit Growth
10 Years:	%
5 Years:	10%
3 Years:	53%
TTM:	23%

Stock Price CAGR
10 Years:	13%
5 Years:	11%
3 Years:	11%
1 Year:	-4%

Return on Equity
10 Years:	%
5 Years:	19%
3 Years:	22%
Last Year:	30%

Last Updated: Unknown

Balance Sheet

Last Updated: March 14, 2025, 4:14 pm

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	11	11	11	11	11	11	11
Reserves	1,055	1,422	1,740	1,899	2,172	1,666	2,136
Borrowings	10	14	42	23	25	27	18
Other Liabilities	1,234	672	578	718	798	1,010	1,083
Total Liabilities	2,311	2,118	2,371	2,652	3,006	2,714	3,248
Fixed Assets	303	286	306	266	307	338	332
CWIP	6	12	7	24	23	25	12
Investments	0	0	0	0	0	0	0
Other Assets	2,001	1,820	2,058	2,362	2,676	2,352	2,903
Total Assets	2,311	2,118	2,371	2,652	3,006	2,714	3,248

Below is a detailed analysis of the balance sheet data for 3M India Ltd based on the most recent figures (Mar 2024) and their trends compared to the previous period:

For Equity Capital, as of Mar 2024, the value is ₹11.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded 11.00 Cr..
For Reserves, as of Mar 2024, the value is ₹2,136.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,666.00 Cr. (Mar 2023) to ₹2,136.00 Cr., marking an increase of 470.00 Cr..
For Borrowings, as of Mar 2024, the value is ₹18.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 27.00 Cr. (Mar 2023) to ₹18.00 Cr., marking a decrease of 9.00 Cr..
For Other Liabilities, as of Mar 2024, the value is ₹1,083.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,010.00 Cr. (Mar 2023) to ₹1,083.00 Cr., marking an increase of 73.00 Cr..
For Total Liabilities, as of Mar 2024, the value is ₹3,248.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,714.00 Cr. (Mar 2023) to ₹3,248.00 Cr., marking an increase of 534.00 Cr..
For Fixed Assets, as of Mar 2024, the value is ₹332.00 Cr.. The value appears to be declining and may need further review. It has decreased from 338.00 Cr. (Mar 2023) to ₹332.00 Cr., marking a decrease of 6.00 Cr..
For CWIP, as of Mar 2024, the value is ₹12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 25.00 Cr. (Mar 2023) to ₹12.00 Cr., marking a decrease of 13.00 Cr..
For Investments, as of Mar 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded 0.00 Cr..
For Other Assets, as of Mar 2024, the value is ₹2,903.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,352.00 Cr. (Mar 2023) to ₹2,903.00 Cr., marking an increase of 551.00 Cr..
For Total Assets, as of Mar 2024, the value is ₹3,248.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,714.00 Cr. (Mar 2023) to ₹3,248.00 Cr., marking an increase of 534.00 Cr..

Notably, the Reserves (₹2,136.00 Cr.) exceed the Borrowings (18.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	36	253	245	321	327	465	643
Cash from Investing Activity +	25	-553	3	-14	-41	-15	-269
Cash from Financing Activity +	-2	3	-25	-25	-21	-980	-128
Net Cash Flow	59	-297	223	282	265	-530	246

Free Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	489.00	522.00	408.00	236.00	364.00	577.00	741.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	77	71	65	68	58	59	61
Inventory Days	96	94	92	104	85	91	77
Days Payable	93	81	66	114	94	113	120
Cash Conversion Cycle	79	84	92	58	49	36	19
Working Capital Days	-26	54	66	56	40	33	23
ROCE %		44%	27%	12%	18%	31%	41%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
FIIs	4.38%	4.25%	4.13%	4.26%	4.40%	3.72%	3.64%	3.56%	3.56%	3.64%	3.77%	4.07%
DIIs	7.01%	6.54%	6.37%	6.90%	6.90%	7.93%	8.34%	8.45%	8.52%	8.44%	8.27%	8.13%
Public	13.61%	14.21%	14.50%	13.83%	13.70%	13.35%	13.02%	12.98%	12.92%	12.92%	12.95%	12.80%
No. of Shareholders	34,661	37,232	38,282	37,219	37,541	29,884	28,054	28,077	27,610	29,198	29,243	30,045

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Focused Equity Fund	91,663	3.83	293.12	77,057	2025-04-03	18.95%
UTI Flexi Cap Fund	78,812	1.02	252.02	77,057	2025-04-03	2.28%
Axis Midcap Fund	77,057	0.98	246.41	77,057	2025-04-03	0%
Nippon India Growth Fund	60,000	0.78	191.87	77,057	2025-04-03	-22.14%
HSBC Midcap Fund	56,500	1.86	180.67	77,057	2025-04-03	-26.68%
Nippon India ELSS Tax Saver Fund	48,600	1.09	155.41	77,057	2025-04-03	-36.93%
Canara Robeco Emerging Equities	47,864	0.75	153.06	77,057	2025-04-03	-37.88%
Nippon India Multi Cap Fund	45,704	0.55	146.15	77,057	2025-04-03	-40.69%
Nippon India Large Cap Fund	30,337	0.43	97.01	77,057	2025-04-03	-60.63%
UTI Mid Cap Fund	28,627	0.91	91.54	77,057	2025-04-03	-62.85%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	517.90	400.37	241.43	144.14	285.99
Diluted EPS (Rs.)	517.90	400.37	241.43	144.14	285.99
Cash EPS (Rs.)	564.89	451.57	290.36	199.04	338.66
Book Value[Excl.RevalReserv]/Share (Rs.)	1905.80	1489.09	1938.35	1695.79	1554.24
Book Value[Incl.RevalReserv]/Share (Rs.)	1905.80	1489.09	1938.35	1695.79	1554.24
Revenue From Operations / Share (Rs.)	3718.89	3514.72	2961.22	2312.30	2651.15
PBDIT / Share (Rs.)	743.33	596.88	378.47	252.30	439.91
PBIT / Share (Rs.)	696.34	545.67	329.55	197.40	387.24
PBT / Share (Rs.)	693.48	539.22	326.24	195.22	383.99
Net Profit / Share (Rs.)	517.90	400.37	241.43	144.14	285.99
NP After MI And SOA / Share (Rs.)	517.90	400.37	241.43	144.14	285.99
PBDIT Margin (%)	19.98	16.98	12.78	10.91	16.59
PBIT Margin (%)	18.72	15.52	11.12	8.53	14.60
PBT Margin (%)	18.64	15.34	11.01	8.44	14.48
Net Profit Margin (%)	13.92	11.39	8.15	6.23	10.78
NP After MI And SOA Margin (%)	13.92	11.39	8.15	6.23	10.78
Return on Networth / Equity (%)	27.17	26.88	12.45	8.49	18.40
Return on Capital Employeed (%)	35.83	35.44	16.53	11.32	24.23
Return On Assets (%)	17.96	16.61	9.04	6.12	13.58
Asset Turnover Ratio (%)	1.41	1.26	1.04	0.91	1.16
Current Ratio (X)	2.52	2.17	3.20	3.10	3.27
Quick Ratio (X)	2.02	1.55	2.56	2.44	2.50
Inventory Turnover Ratio (X)	2.80	2.96	2.86	2.16	2.50
Dividend Payout Ratio (NP) (%)	19.30	212.30	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	17.70	188.23	0.00	0.00	0.00
Earning Retention Ratio (%)	80.70	-112.30	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	82.30	-88.23	0.00	0.00	0.00
Interest Coverage Ratio (X)	260.33	92.48	114.60	115.82	135.32
Interest Coverage Ratio (Post Tax) (X)	182.38	63.04	74.10	67.17	88.97
Enterprise Value (Cr.)	33848.64	25120.84	20825.74	33001.61	20527.25
EV / Net Operating Revenue (X)	8.08	6.34	6.24	12.67	6.87
EV / EBITDA (X)	40.42	37.36	48.85	116.11	41.42
MarketCap / Net Operating Revenue (X)	8.40	6.55	6.64	13.08	7.13
Retention Ratios (%)	80.69	-112.30	0.00	0.00	0.00
Price / BV (X)	16.40	15.45	10.15	17.83	12.17
Price / Net Operating Revenue (X)	8.40	6.55	6.64	13.08	7.13
EarningsYield	0.01	0.01	0.01	0.00	0.01

After reviewing the key financial ratios for 3M India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 517.90. This value is within the healthy range. It has increased from 400.37 (Mar 23) to 517.90, marking an increase of 117.53.
For Diluted EPS (Rs.), as of Mar 24, the value is 517.90. This value is within the healthy range. It has increased from 400.37 (Mar 23) to 517.90, marking an increase of 117.53.
For Cash EPS (Rs.), as of Mar 24, the value is 564.89. This value is within the healthy range. It has increased from 451.57 (Mar 23) to 564.89, marking an increase of 113.32.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,905.80. It has increased from 1,489.09 (Mar 23) to 1,905.80, marking an increase of 416.71.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,905.80. It has increased from 1,489.09 (Mar 23) to 1,905.80, marking an increase of 416.71.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 3,718.89. It has increased from 3,514.72 (Mar 23) to 3,718.89, marking an increase of 204.17.
For PBDIT / Share (Rs.), as of Mar 24, the value is 743.33. This value is within the healthy range. It has increased from 596.88 (Mar 23) to 743.33, marking an increase of 146.45.
For PBIT / Share (Rs.), as of Mar 24, the value is 696.34. This value is within the healthy range. It has increased from 545.67 (Mar 23) to 696.34, marking an increase of 150.67.
For PBT / Share (Rs.), as of Mar 24, the value is 693.48. This value is within the healthy range. It has increased from 539.22 (Mar 23) to 693.48, marking an increase of 154.26.
For Net Profit / Share (Rs.), as of Mar 24, the value is 517.90. This value is within the healthy range. It has increased from 400.37 (Mar 23) to 517.90, marking an increase of 117.53.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 517.90. This value is within the healthy range. It has increased from 400.37 (Mar 23) to 517.90, marking an increase of 117.53.
For PBDIT Margin (%), as of Mar 24, the value is 19.98. This value is within the healthy range. It has increased from 16.98 (Mar 23) to 19.98, marking an increase of 3.00.
For PBIT Margin (%), as of Mar 24, the value is 18.72. This value is within the healthy range. It has increased from 15.52 (Mar 23) to 18.72, marking an increase of 3.20.
For PBT Margin (%), as of Mar 24, the value is 18.64. This value is within the healthy range. It has increased from 15.34 (Mar 23) to 18.64, marking an increase of 3.30.
For Net Profit Margin (%), as of Mar 24, the value is 13.92. This value exceeds the healthy maximum of 10. It has increased from 11.39 (Mar 23) to 13.92, marking an increase of 2.53.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 13.92. This value is within the healthy range. It has increased from 11.39 (Mar 23) to 13.92, marking an increase of 2.53.
For Return on Networth / Equity (%), as of Mar 24, the value is 27.17. This value is within the healthy range. It has increased from 26.88 (Mar 23) to 27.17, marking an increase of 0.29.
For Return on Capital Employeed (%), as of Mar 24, the value is 35.83. This value is within the healthy range. It has increased from 35.44 (Mar 23) to 35.83, marking an increase of 0.39.
For Return On Assets (%), as of Mar 24, the value is 17.96. This value is within the healthy range. It has increased from 16.61 (Mar 23) to 17.96, marking an increase of 1.35.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.41. It has increased from 1.26 (Mar 23) to 1.41, marking an increase of 0.15.
For Current Ratio (X), as of Mar 24, the value is 2.52. This value is within the healthy range. It has increased from 2.17 (Mar 23) to 2.52, marking an increase of 0.35.
For Quick Ratio (X), as of Mar 24, the value is 2.02. This value exceeds the healthy maximum of 2. It has increased from 1.55 (Mar 23) to 2.02, marking an increase of 0.47.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.80. This value is below the healthy minimum of 4. It has decreased from 2.96 (Mar 23) to 2.80, marking a decrease of 0.16.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 19.30. This value is below the healthy minimum of 20. It has decreased from 212.30 (Mar 23) to 19.30, marking a decrease of 193.00.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 17.70. This value is below the healthy minimum of 20. It has decreased from 188.23 (Mar 23) to 17.70, marking a decrease of 170.53.
For Earning Retention Ratio (%), as of Mar 24, the value is 80.70. This value exceeds the healthy maximum of 70. It has increased from -112.30 (Mar 23) to 80.70, marking an increase of 193.00.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 82.30. This value exceeds the healthy maximum of 70. It has increased from -88.23 (Mar 23) to 82.30, marking an increase of 170.53.
For Interest Coverage Ratio (X), as of Mar 24, the value is 260.33. This value is within the healthy range. It has increased from 92.48 (Mar 23) to 260.33, marking an increase of 167.85.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 182.38. This value is within the healthy range. It has increased from 63.04 (Mar 23) to 182.38, marking an increase of 119.34.
For Enterprise Value (Cr.), as of Mar 24, the value is 33,848.64. It has increased from 25,120.84 (Mar 23) to 33,848.64, marking an increase of 8,727.80.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 8.08. This value exceeds the healthy maximum of 3. It has increased from 6.34 (Mar 23) to 8.08, marking an increase of 1.74.
For EV / EBITDA (X), as of Mar 24, the value is 40.42. This value exceeds the healthy maximum of 15. It has increased from 37.36 (Mar 23) to 40.42, marking an increase of 3.06.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 8.40. This value exceeds the healthy maximum of 3. It has increased from 6.55 (Mar 23) to 8.40, marking an increase of 1.85.
For Retention Ratios (%), as of Mar 24, the value is 80.69. This value exceeds the healthy maximum of 70. It has increased from -112.30 (Mar 23) to 80.69, marking an increase of 192.99.
For Price / BV (X), as of Mar 24, the value is 16.40. This value exceeds the healthy maximum of 3. It has increased from 15.45 (Mar 23) to 16.40, marking an increase of 0.95.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 8.40. This value exceeds the healthy maximum of 3. It has increased from 6.55 (Mar 23) to 8.40, marking an increase of 1.85.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of 3M India Ltd as of April 4, 2025 is: 24,646.12

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, 3M India Ltd is Overvalued by 14.04% compared to the current share price 28,671.00

Intrinsic Value of 3M India Ltd as of April 4, 2025 is: 32,129.36

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, 3M India Ltd is Undervalued by 12.06% compared to the current share price 28,671.00

Last 5 Year EPS CAGR: 30.36%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 24.71%, which is a positive sign. The company has higher reserves (1,727.14 cr) compared to borrowings (22.71 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.88 cr) and profit (535.88 cr) over the years.	The stock has a high average Working Capital Days of 35.14, which may not be favorable. The stock has a high average Cash Conversion Cycle of 59.57, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in 3M India Ltd:
1. Net Profit Margin: 13.92%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 35.83% (Industry Average ROCE: 21.87%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 27.17% (Industry Average ROE: 17.2%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 182.38
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.02
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 52.7 (Industry average Stock P/E: 28.23)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

3M India Ltd. is a Public Limited Listed company incorporated on 04/07/1987 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L31300KA1987PLC013543 and registration number is 013543. Currently Company is involved in the business activities of Other manufacturing. Company's Total Operating Revenue is Rs. 3926.76 Cr. and Equity Capital is Rs. 11.27 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Diversified	Plot No 48-51, Bengaluru Karnataka 560100	investorhelpdesk.in@mmm.com http://www.3m.com/in

Management
Name	Position Held
Mr. Bharat D Shah	Chairman & Ind.Director
Mr. Ramesh Ramadurai	Managing Director
Ms. Vidya Sarathy	WholeTime Director & CFO
Ms. Yun Jin	Non Executive Director
Mr. Amit Laroya	Non Executive Director
Ms. Radhika Rajan	Independent Director
Mr. Biren Gabhawala	Independent Director

FAQ

What is the intrinsic value of 3M India Ltd?

3M India Ltd's intrinsic value (as of 03 April 2025) is ₹24646.12 — 14.04% lower the current market price of ₹28,671.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 32,207 Cr. market cap, FY2025-2026 high/low of ₹41,000/25,714, reserves of 2,136 Cr, and liabilities of 3,248 Cr.

What is the Market Cap of 3M India Ltd?

The Market Cap of 3M India Ltd is 32,207 Cr..

What is the current Stock Price of 3M India Ltd as on 03 April 2025?

The current stock price of 3M India Ltd as on 03 April 2025 is 28,671.

What is the High / Low of 3M India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of 3M India Ltd stocks is ₹41,000/25,714.

What is the Stock P/E of 3M India Ltd?

The Stock P/E of 3M India Ltd is 52.7.

What is the Book Value of 3M India Ltd?

The Book Value of 3M India Ltd is 1,906.

What is the Dividend Yield of 3M India Ltd?

The Dividend Yield of 3M India Ltd is 0.56 %.

What is the ROCE of 3M India Ltd?

The ROCE of 3M India Ltd is 40.5 %.

What is the ROE of 3M India Ltd?

The ROE of 3M India Ltd is 30.5 %.

What is the Face Value of 3M India Ltd?

The Face Value of 3M India Ltd is 10.0.