3M India (3MINDIA)₹28,070−1.32%Diversified
In the Mar 2026 quarter (standalone), 3M India reported sales of ₹1,396 Cr, up 16.9% from Mar 2025, and net profit of ₹215 Cr, up 203.3% year on year. For the year to Mar 2026, sales were ₹5,078 Cr and net profit ₹523 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 974 | 1,037 | 1,002 | 1,030 | 1,044 | 1,107 | 1,087 | 1,194 | 1,193 | 1,262 | 1,224 | 1,396 |
| Expenses | 817 | 845 | 825 | 829 | 839 | 925 | 933 | 969 | 952 | 1,009 | 995 | 1,140 |
| Operating Profit | 157 | 191 | 178 | 201 | 204 | 182 | 153 | 226 | 241 | 255 | 230 | 256 |
| OPM % | 16.0% | 18.0% | 18.0% | 20.0% | 20.0% | 16.0% | 13.9% | 19.0% | 20.0% | 20.0% | 18.9% | 18.0% |
| Other Income | 13.02 | 17.05 | 17.05 | 27.04 | 22.04 | 18.04 | 17.04 | 14.03 | 15.04 | 12.02 | −65.18 | 52.15 |
| Interest | 1.01 | 1.01 | 1.01 | 1.01 | 3.01 | 4.01 | 3.01 | 1.01 | 2.01 | 2.01 | 35.08 | 4.01 |
| Depreciation | 13.95 | 12.96 | 12.95 | 12.96 | 13.94 | 13.96 | 13.95 | 13.95 | 14.95 | 14.95 | 15.94 | 16.95 |
| Profit before tax | 158 | 197 | 182 | 216 | 212 | 184 | 155 | 226 | 240 | 252 | 115 | 290 |
| Tax % | 25.0% | 25.0% | 25.0% | 25.0% | 26.0% | 27.0% | 26.0% | 68.0% | 26.0% | 24.0% | 154.0% | 26.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 51.19 | 30.13 |
| Net Profit | 117 | 146 | 135 | 161 | 157 | 134 | 114 | 71.03 | 178 | 191 | −62.02 | 215 |
| EPS (Rs) | 103.22 | 129.21 | 119.72 | 142.63 | 139.13 | 118.42 | 100.70 | 63.16 | 157.23 | 169.14 | −54.92 | 190.47 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,133 | 2,355 | 2,550 | 2,803 | 2,755 | 2,412 | 3,071 | 3,720 | 4,178 | 4,431 | 5,078 | 5,074 |
| Expenses | 1,798 | 1,990 | 2,072 | 2,294 | 2,420 | 2,177 | 2,692 | 3,164 | 3,422 | 3,668 | 4,096 | 4,096 |
| Operating Profit | 336 | 368 | 478 | 506 | 339 | 237 | 380 | 558 | 756 | 766 | 983 | 982 |
| OPM % | 16.0% | 16.0% | 18.9% | 18.0% | 11.9% | 10.0% | 12.0% | 15.0% | 18.0% | 17.0% | 19.0% | 19.4% |
| Other Income | 18.03 | 49.10 | 44.08 | 33.05 | 42.07 | 27.04 | 35.08 | 64.11 | 78.12 | 70.14 | 14.04 | 14.03 |
| Interest | 2.01 | 2.01 | 2.01 | 1.01 | 4.01 | 2.01 | 4.01 | 7.02 | 3.01 | 11.02 | 44.08 | 43.11 |
| Depreciation | 48.84 | 46.80 | 41.84 | 41.86 | 56.82 | 59.76 | 52.80 | 55.82 | 52.83 | 54.82 | 62.80 | 62.79 |
| Profit before tax | 304 | 370 | 482 | 499 | 321 | 203 | 361 | 563 | 784 | 776 | 897 | 897 |
| Tax % | 36.0% | 35.0% | 35.0% | 35.0% | 32.0% | 26.0% | 26.0% | 26.0% | 25.0% | 38.0% | 42.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 0.00 | 1.01 | 0.00 | −20.08 | 81.32 |
| Net Profit | 195 | 241 | 311 | 323 | 219 | 149 | 266 | 416 | 583 | 476 | 523 | 523 |
| EPS (Rs) | 172.32 | 213.07 | 274.65 | 285.90 | 193.85 | 132.04 | 235.59 | 368.33 | 516.08 | 421.35 | 461.98 | 461.92 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 257.0% | 132.0% | 127.0% | 109.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.97 | 10.97 | 10.96 | 10.97 | 10.97 | 10.97 | 10.97 | 10.96 | 10.97 | 10.97 | 10.97 | 10.96 |
| Reserves | 797 | 979 | 1,217 | 1,527 | 1,851 | 2,067 | 2,212 | 2,482 | 1,939 | 2,141 | 1,838 | 1,759 |
| Borrowings | 13.96 | 10.96 | 9.96 | 8.98 | 13.96 | 41.86 | 22.94 | 23.94 | 26.90 | 17.93 | 99.69 | 170 |
| Other Liabilities | 305 | 429 | 693 | 588 | 620 | 535 | 671 | 741 | 939 | 1,080 | 1,068 | 1,195 |
| Total Liabilities | 1,127 | 1,429 | 1,932 | 2,136 | 2,496 | 2,654 | 2,918 | 3,257 | 2,915 | 3,250 | 3,016 | 3,135 |
| Fixed Assets | 388 | 349 | 315 | 285 | 268 | 286 | 248 | 291 | 322 | 332 | 417 | 484 |
| CWIP | 1.01 | 1.01 | 2.01 | 6.01 | 10.01 | 7.01 | 24.05 | 23.04 | 25.02 | 12.01 | 10.01 | 14.03 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 588 | 507 | 507 | 507 | 507 | 0.00 | 0.00 | 0.00 |
| Other Assets | 739 | 1,078 | 1,614 | 1,845 | 1,629 | 1,855 | 2,140 | 2,438 | 2,063 | 2,905 | 2,590 | 2,637 |
| Inventories | 295 | 291 | 331 | 346 | 378 | 410 | 429 | 451 | 566 | 530 | 646 | 821 |
| Trade receivables | 250 | 318 | 409 | 532 | 548 | 508 | 462 | 491 | 597 | 705 | 793 | 842 |
| Cash & equivalents | 114 | 371 | 745 | 790 | 470 | 667 | 938 | 1,209 | 635 | 1,361 | 939 | 819 |
| Total Assets | 1,127 | 1,429 | 1,932 | 2,136 | 2,496 | 2,654 | 2,918 | 3,257 | 2,915 | 3,250 | 3,016 | 3,135 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 178 | 262 | 366 | 29.10 | 268 | 219 | 313 | 335 | 426 | 644 | 356 | 515 |
| Cash from investing activity | −4.01 | 1.01 | 12.01 | 18.03 | −591 | 1.01 | −16.01 | −43.06 | −20.01 | −269 | 322 | −11.02 |
| Cash from financing activity | −119 | −4.98 | −3.99 | −1.99 | 3.98 | −23.89 | −24.92 | −20.93 | −977 | −128 | −786 | −620 |
| Net cash flow | 54.18 | 258 | 374 | 45.15 | −320 | 195 | 272 | 270 | −577 | 247 | −112 | −121 |
| Capex | 5.02 | 12.04 | 14.04 | 16.04 | 38.14 | 20.07 | 40.13 | 70.23 | 60.21 | 31.11 | 55.17 | 58.20 |
| Free cash flow | 172 | 251 | 352 | 15.03 | 229 | 200 | 274 | 267 | 366 | 614 | 301 | 458 |
| CFO / OP % | 113.0% | 113.9% | 131.9% | 47.0% | 92.0% | 101.0% | 163.9% | 113.9% | 102.9% | 110.9% | 72.9% | 82.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 49 | 54 | 63 | 76 | 71 | 67 | 69 | 58 | 58 | 61 | 65 | 60 |
| Inventory days | 101 | 89 | 92 | 95 | 93 | 93 | 105 | 86 | 89 | 77 | 89 | 102 |
| Days payable | 54 | 70 | 112 | 89 | 80 | 67 | 115 | 97 | 112 | 121 | 105 | 103 |
| Cash conversion cycle | 96 | 73 | 43 | 82 | 84 | 93 | 59 | 48 | 35 | 18 | 49 | 59 |
| Working capital days | 57 | 39 | 16 | 54 | 54 | 65 | 54 | 36 | 31 | 22 | 38 | 40 |
| ROCE % | 21.0% | 34.0% | 33.0% | 35.0% | 29.0% | 16.0% | 9.0% | 15.0% | 25.0% | 38.0% | 38.0% | 50.0% |
For the Mar 2026 quarter, 3M India reported sales of ₹1,396 Cr, up 16.9% year on year and net profit of ₹215 Cr, up 203.3% year on year. The operating margin was 18.0%.
3M India's sales for the year to Mar 2026 were ₹5,078 Cr; over the last twelve months they were ₹5,074 Cr.
Net profit for the year to Mar 2026 was ₹523 Cr, and ₹523 Cr over the last twelve months. Earnings per share over the same trailing period were ₹461.92.
3M India reported borrowings of ₹170 Cr at Mar 2026, against cash and equivalents of ₹819 Cr.
Cash from operations was ₹515 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹458 Cr.