3M India Ltd.

NSE: 3MINDIA BSE: 523395 SECTOR: Diversified  25k   147   12

26187.95
+447.95 (1.74%)
NSE: 22 Oct 03:58 PM

Price Summary

Today's High

₹ 26299.7

Today's Low

₹ 25401.2

52 Week High

₹ 31000

52 Week Low

₹ 18350

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

29500.91 Cr.

Enterprise Value

28563.76 Cr.

No. of Shares

1.13 Cr.

P/E

135.84

P/B

13.11

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  1996.85

CASH

937.15 Cr.

DEBT

0 Cr.

Promoter Holding

75 %

EPS (TTM)

₹  192.79

Sales Growth

-12.46%

ROE

6.95 %

ROCE

9.54%

Profit Growth

-31.82 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-12.46%
3 Year-1.8%
5 Year2.5%

Profit Growth

1 Year-31.82%
3 Year-21.66%
5 Year-5.18%

ROE%

1 Year6.95%
3 Year12.37%
5 Year16.26%

ROCE %

1 Year9.54%
3 Year18.37%
5 Year24.59%

Debt/Equity

0

Price to Cash Flow

94.54

Interest Cover Ratio

84.2336156566072

CFO/PAT (5 Yr. Avg.)

0.95934907463415

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2021 75 0
Jun 2021 75 0
Mar 2021 75 0
Dec 2020 75 0
Sep 2020 75 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 84.2336156566072.
  • The company has an efficient Cash Conversion Cycle of 75.8812132427269 days.
  • Company has a healthy liquidity position with current ratio of 3.0016406983525.
  • The company has a high promoter holding of 75%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 8.57151638452558.

 Limitations

  • The company has shown a poor profit growth of -21.6599802237444% for the Past 3 years.
  • The company has shown a poor revenue growth of -1.80286085323991% for the Past 3 years.
  • The company is trading at a high PE of 135.84.
  • The company is trading at a high EV/EBITDA of 80.1424.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Net Sales 319.52 647.83 683.78 769.23 688.54
Total Expenditure 365.44 541.05 602.88 673.64 644.12
Operating Profit -45.92 106.78 80.9 95.59 44.42
Other Income 7.08 6.06 6.49 7.56 8.07
Interest 0.83 0.45 0.86 0.3 0.58
Depreciation 14.5 16.14 15.2 13.83 14.28
Exceptional Items 0 0 0 0 0
Profit Before Tax -54.17 96.26 71.34 89.01 37.64
Tax -14.26 25.41 18.66 23.33 9.67
Profit After Tax -39.91 70.85 52.68 65.69 27.96
Adjusted EPS (Rs) -35.43 62.9 46.76 58.31 24.82

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 2362.98 2556.14 2808.76 2764.88 2420.36
Total Expenditure 1994.2 2076.33 2301.16 2425.07 2182.68
Operating Profit 368.77 479.81 507.6 339.81 237.68
Other Income 49.47 43.62 32.83 41.58 26.87
Interest 2.27 1.94 1.09 3.61 2.43
Depreciation 46.75 41.8 41.88 57.38 59.68
Exceptional Items 0 0 0 0 0
Profit Before Tax 369.22 479.68 497.46 320.4 202.44
Tax 128.46 169.15 174.47 101.43 53.14
Net Profit 240.76 310.54 322.99 218.97 149.3
Adjusted EPS (Rs.) 213.72 275.66 286.72 194.38 132.53

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 11.27 11.27 11.27 11.27 11.27
Total Reserves 1215.13 1525.4 1848.27 2063.5 2210.24
Borrowings 4.62 4.88 7.45 0 0
Other N/C liabilities 14.11 10.33 2.98 29.72 23.02
Current liabilities 678.61 572.13 600.25 532.11 646.49
Total Liabilities 1923.73 2124 2470.21 2636.59 2891.02
Assets
Net Block 315.16 285.22 269.48 286.65 248.23
Capital WIP 2.43 5.75 10.19 6.64 23.5
Intangible WIP 0 0 0 0 0
Investments 0 0 584.7 504.8 504.8
Loans & Advances 78.96 91.16 115.88 150.86 173.95
Other N/C Assets 0 0 0 0 0
Current Assets 1527.18 1741.87 1489.96 1687.65 1940.54
Total Assets 1923.73 2124 2470.21 2636.59 2891.02
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 369.22 479.68 497.46 320.4 202.44
Adjustment 9.54 10.01 16.52 118.85 45.93
Changes in Assets & Liabilities 107.53 -265.93 -47.44 -97.41 142.19
Tax Paid -121.36 -194.34 -199.23 -123.51 -78.51
Operating Cash Flow 364.93 29.42 267.32 218.33 312.05
Investing Cash Flow 12.01 17.99 -589.83 1.42 -15.9
Financing Cash Flow -3.65 -2.26 3.59 -24.37 -24.77
Net Cash Flow 373.28 45.15 -318.92 195.38 271.39

Corporate Actions

Investors Details

PARTICULARS Sep 2020% Dec 2020% Mar 2021% Jun 2021% Sep 2021%
Promoters 75.00 75.00 75.00 75.00 75.00
3m company 75.00 75.00 75.00 - -
3m company - - - 75.00 75.00
PARTICULARS Sep 2020% Dec 2020% Mar 2021% Jun 2021% Sep 2021%
Investors 25.00 25.00 25.00 25.00 25.00
qualified institut... - - - 2.65 -
qualified institut... 2.09 2.08 2.60 - -
max life insurance... - - - 1.58 1.03
max life insurance... 1.17 1.17 1.53 - -
bright star invest... 1.48 1.48 1.48 1.48 1.48
uti focused equity... - - - - 1.40
uti-unit linked in... - - 1.18 1.18 -
sbi equity hybrid ... 1.15 1.15 1.15 1.15 1.15

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

3M India informs about issuance of duplicate share certificate24 Aug 2021, 9:40AM 3M India informs about newspaper advertisement13 Aug 2021, 1:31PM 3M India informs about analyst meet25 Jun 2021, 10:56AM 3M India informs about update on scheme of arrangement17 Jun 2021, 2:44PM 3M India informs about outcome of board meeting29 May 2021, 10:52AM 3M India informs about restart of manufacturing operations 18 May 2021, 9:56AM 3M India to re-start operations at Electronic City plant in Bangalore18 May 2021, 9:48AM 3M India informs about board meeting14 May 2021, 11:13AM 3M India informs about updates on manufacturing operation12 May 2021, 10:14AM 3M India informs about change of corporate office address 22 Apr 2021, 10:49AM 3M India informs about issuance of duplicate share12 Apr 2021, 11:10AM 3M India informs about issuance duplicate share certificate26 Feb 2021, 11:42AM 3M India informs about consolidation of manufacturing operations11 Feb 2021, 4:00PM 3M India to consolidate manufacturing operations in Pune to single facility11 Feb 2021, 3:29PM 3M India informs about issuance of duplicate share certificate23 Nov 2020, 10:32AM 3M India informs about closure of trading window22 Sep 2020, 10:38AM 3M India informs about issue of duplicate share certificate14 Aug 2020, 12:17PM 3M India to discontinue Automotive Graphics Business4 Aug 2020, 11:01AM 3M India closes two plants for two days20 Jul 2020, 2:18PM 3M India informs about closing of its plant20 Jul 2020, 10:35AM 3M India informs about disclosure of related party transactions25 Jun 2020, 10:31AM 3M India informs about closure of trading window23 Jun 2020, 10:19AM 3M India informs about audited financial results29 May 2020, 4:29PM

3M India Stock Price Analysis and Quick Research Report. Is 3M India an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). 3M India has a PE ratio of 135.837436698897 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. 3M India has ROA of 5.40200850024251 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. 3M India has a Current ratio of 3.0016406983525 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. 3M India has a ROE of 6.9502602479701 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. 3M India has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. 3M India has an Inventory turnover ratio of 5.75378637905547 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - 3M India has reported revenue growth of -12.4603504104866 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of 3M India for the current financial year is 9.82003987086406 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for 3M India is Rs 0 and the yield is 0 %.

Brief about 3M India

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