Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Conglomerates

3M India Limited manufactures and trades in various products for the automotive, commercial solutions, consumer markets, design and construction, electronics, energy, health care, manufacturing, safety, and transportation industries in India and internationally. It operates in four segments: Safety & Industrial; Transportation & Electronics; Health Care; and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil, and specialty industrial tapes and adhesives, such as scotch masking tapes, scotch filament and packaging tapes, functional and decorative graphics, abrasion-resistant films, masking tapes, and other specialty materials. Its Transportation and Electronics segment provides personal protection products, brand and asset protection solutions, border control products, passive fire protection products for industries and commercial establishments, track and trace products, and cleaning and hygiene products for the hospitality industry, as well as traffic signs, pavement markings, and vehicle registration products and services; films, inks, and digital signages; wall and glass cladding products; and projection systems, computer and ATM-screen privacy filters, and brightness enhancement films. The Health Care segment offers medical and surgical supplies; medical devices; skin and wound care, as well as infection prevention products and solutions; drug delivery systems; dental and orthodontic products; and food safety products. Its Consumer segment provides home and office tapes, adhesives, and packaging protection platforms; note pads, dispensers, flagging solution, and labels; and stain protection products. The company sells its products under the Command, Littmann, Nexcare, Post-it, Scotch-Brite, Scotch, Aqua-Pure, E-A-R, Speedglas, Car Care, VHB, and Xtract brands. It also exports its products. The company was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited is a subsidiary of 3M Company.

Revenue projections:

Revenue projections for 3MINDIA
Revenue projections for 3MINDIA

3MINDIA's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 2.28100
forwardPE 51.77805
debtToEquity 6.41600
earningsGrowth 0.43000
revenueGrowth 0.14000
grossMargins 0.41501
operatingMargins 0.19014
trailingEps 492.82000
forwardEps 652.40000

3M India Limited's current ratio of 2.281 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects 3M India Limited's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
3M India Limited's high forward PE suggests the stock may be overvalued, which could prevent further price gains and lead to a correction. This parameter should be carefully evaluated in context with other fundamental data to ensure a balanced view.
3MINDIA's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with 3MINDIA expected to continue increasing its profits and revenue in the coming periods.
3MINDIA's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that 3MINDIA's financial performance will improve in the current financial year.

Price projections:

Price projections for 3MINDIA
Price projections for 3MINDIA

3MINDIA's price projections have been consistently revised upward, suggesting that analysts are becoming increasingly optimistic about the company's future. This trend reflects confidence in 3MINDIA's ability to achieve strong financial results.

3MINDIA's price has risen above the higher end of expected projections, demonstrating impressive growth. Nevertheless, the lack of room for additional increases may indicate that the stock is entering a consolidation phase, which could limit short-term upside potential.

Recommendation changes over time:

Recommendations trend for 3MINDIA
Recommendations trend for 3MINDIA


The analysts' recent buy bias for 3MINDIA indicates strong confidence in the stock's future performance. This could encourage more investors to view 3MINDIA as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.