loader2
Partner With Us NRI

3M India Ltd share Price Today

Company details

30,600.00
31,085.35
23,805.00
39,876.10
6M Return -0.10%
1Y Return 27.55%
Mkt Cap.(Cr) 34,574.59
Volume 2,085
Div Yield 2.76%
OI
-
OI Chg %
-
Volume 2,085

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Industrial Machinery company 3M India announced Q3FY24 results:

Consolidated Q3FY24 vs Q3FY23:
- Sales & other operating Income: Rs 1,006 crore in Q3FY24, up by 1% from Rs 993 crore in Q3FY23.
- Other income: Rs 17 crore in Q3FY24, up by 42% from Rs 12 crore in Q3FY23.
- EBITDA: Rs 195 crore in Q3FY24, a 7% increase from Rs 183 crore in Q3FY23.
- PBT: Rs 181 crore in Q3FY24, up by 8% from Rs 167 crore in Q3FY23.
- PAT: Rs 135 crore in Q3FY24, showing an 8% increase from Rs 125 crore in Q3FY23.

Consolidated Q3FY24 vs Q2FY24:
- Sales & other operating income: Rs 1,006 crore in Q3FY24, down by 3% from Rs 1,040 crore in Q2FY24.
- Other income: Rs 17 crore in both quarters, no change.
- EBITDA: Rs 195 crore in Q3FY24, a 7% decrease from Rs 210 crore in Q2FY24.
- PBT: Rs 181 crore in Q3FY24, an 8% decrease from Rs 196 crore in Q2FY24.
- PAT: Rs 135 crore in Q3FY24, showing an 8% decrease from Rs 146 crore in Q2FY24.

Standalone Q3FY24 vs Q3FY23:
- Sales & other operating income: Rs 942 crore in Q3FY24, up by 1% from Rs 932 crore in Q3FY23.
- Other income: Rs 14 crore in Q3FY24, up by 27% from Rs 11 crore in Q3FY23.
- EBITDA: Rs 181 crore in Q3FY24, a 9% increase from Rs 166 crore in Q3FY23.
- PBT: Rs 167 crore in Q3FY24, up by 11% from Rs 151 crore in Q3FY23.
- PAT: Rs 125 crore in Q3FY24, showing an 11% increase from Rs 113 crore in Q3FY23.

Standalone Q3FY24 vs Q2FY24:
- Sales & other operating income: Rs 942 crore in Q3FY24, down by 3% from Rs 975 crore in Q2FY24.
- Other income: Rs 14 crore in Q3FY24, down by 7% from Rs 15 crore in Q2FY24.
- EBITDA: Rs 181 crore in Q3FY24, a 6% decrease from Rs 193 crore in Q2FY24.
- PBT: Rs 167 crore in Q3FY24, a 7% decrease from Rs 179 crore in Q2FY24.
- PAT: Rs 125 crore in Q3FY24, showing a 7% decrease from Rs 134 crore in Q2FY24.

Commenting on the consolidated financial result for the quarter and nine months ended December 31, 2023, Ramesh Ramadurai, Managing Director of 3M India, said, “The Company delivered 1.3% sales growth in the current quarter versus prior year, and a decline of 3.3% on a sequential basis. The Company delivered an 8.3% growth in Proft Before Tax versus prior year with PBT margin of 17.7%. For the nine months ended December 31, 2023, the Company delivered sales growth of 6.2% and PBT growth of 30.1%. Business trends broadly remained steady versus the previous quarter, though some softness was observed in the Health Care segment.”

 

Result PDF

View Other Company Results

3M India Ltd shares SWOT Analysis

Strengths (10)

  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Declining Revenue every quarter for the past 2 quarters
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 30,984.9
R2 31,277.8
R3 31,470.3
Pivot

30,792.47

S1 30,499.6
S2 30,307.1
S3 30,014.2
EMA SMA
30,146.1
30,269.0
30,620.0
30,129.7
29,893.3
30,021.0
31,450.1
31,112.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-25 23168.2 7640 BSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-25 23168.2 979 BSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-10-25 23168.2 7640 BSE
Name Category Shares
3M COMPANY PROMOTER 75%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

3M India Ltd Stocks COMPARISON

Financials( in Cr) 3M India Ltd Swan Energy Ltd DCM Shriram Ltd Quess Corp Ltd Nava Ltd
Price 30,692.05 630.55 985.30 613.60 507.30
% Change -0.49 4.80 -0.45 1.98 -0.46
Mcap Cr 34,574.59 19,765.03 15,364.97 9,112.51 7,360.97
Revenue TTM Cr 3,959.37 1,438.14 11,797.23 17,158.39 3,528.15
Net Profit TTM Cr 451.02 -61.05 910.84 222.91 1,221.69
PE TTM 63.32 71.26 34.37 30.34 8.77
1 Year Return 27.55 169.93 16.14 62.59 101.27
ROCE 30.66 0.00 23.98 9.11 18.14
ROE 23.36 0.00 21.01 7.37 22.26
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,677.48 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 36,628.54 -24,386.86
LAST 3M 102,786.44 -29,845.85
LAST 6M 169,824.52 52,410.32
LAST 12M 264,693.58 128,545.97
3M India to table results

May 22, 2024 l BSE Announcement

3M India Limited - Board Meeting

May 22, 2024 l NSE Announcement

3M India Limited - Other General Purpose

May 21, 2024 l NSE Announcement

Date Action Type Ratio
Jul 26, 2023 Dividend 1000
Nov 21, 2022 Dividend 8500

3M India Ltd Information

Stock PE (TTM)
63.32
Promoter Holding
75%
Book Value
1632.9691
ROCE
30.66%
ROE
23.36%
Registered Address

Plot No 48-51 Electronics City, Hosur Road, Bangalore, Karnataka, 560100

Tel : 91-80-22231414
Email : investorhelpdesk.in:mmm.com
Website : http://www.3m.com/in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 523395
NSE Code : 3MINDIA
Book Closure Date (Month) :
BSE Group : A
ISIN : INE470A01017

FAQ’s on 3M India Ltd Shares

You can buy 3M India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy 3M India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 03:59 PM the closing price of 3M India Ltd was Rs.30,692.05.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 03:59 PM, the market cap of 3M India Ltd stood at Rs. 34,574.59.

The latest PE ratio of 3M India Ltd as of May 24, 2024 03:59 PM is 63.32

The latest PB ratio of 3M India Ltd as of May 24, 2024 03:59 PM is 0.05

The 52-week high of 3M India Ltd share price is Rs. 39,876.10 while the 52-week low is Rs. 23,805.00

Download App

Download Our App

Play Store App Store
market app