3M India share price
NSE: 3MINDIABSE: 523395DiversifiedMid Cap
3M India Limited · Formerly Birla 3M · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jun 1991 on BSE, Aug 2004 on NSE
Last close ₹28,990.00up ₹70.00 (0.24%)BSE ₹28,988.30
Share price at the NSE close on 30 Oct 2026. Previous close ₹28,920.00.
30 Oct: open ₹28,890.00, high ₹29,225.00, low ₹28,775.00
52-week range of traded prices to 30 Oct 2026
₹28,485.00Low, 23 Oct 2026₹38,030.00High, 10 Feb 2026
- Next results date: the board meets on 6 Nov 2026 to consider: financial results and other business matters. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹32,657 Cr232nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 56.53
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 18.47
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.75%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 32.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 47.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.10
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 3,33344.7% delivered
About 3M India
3M India Limited makes and sells safety and industrial, transportation and electronics, consumer and healthcare products in India.1 Its business customers include equipment makers, construction and infrastructure companies, hospitals and clinics, industrial plants, electronics and telecom companies, carmakers and aftermarket dealers, and the aerospace sector.2 It has factories in Ahmedabad, Bengaluru and Pune, and its corporate office and research centre are in Bengaluru.1
Its consumer brands include Scotch-Brite scrub pads, Command strips, Scotch tapes and Post-it notes, and it also sells respirators and car care products to consumers.2 It sells through e-commerce, wholesalers, retailers, distributors and dealers, and directly to users.1 It had 1,273 permanent employees on 31 Mar 2026.3
3M India was established in 1987 and is a subsidiary of 3M Company, USA, which began as a small sandpaper company in Minnesota.4 Its foreign promoter held 75.00% of the shares on 31 Mar 2026, with none of them pledged.5 As part of the 3M group, it has rights to carry on the business in India and access to the group's products, technologies and the 3M brand name, and it buys from, and provides services to, 3M Company, USA and group companies on arm's length terms (as between unrelated parties).6
3M India key points
Results
- The company's revenue from operations rose 14.49% to ₹5,089.76 crore in the year to Mar 2026, from ₹4,445.56 crore a year earlier.7
- In the year to Mar 2026, profit before interest, depreciation and one-off items, as the company states it, was ₹1,034.50 crore, against ₹839.87 crore. The company puts its operating margin (operating profit as a share of revenue) at 20.13%, against 18.60%.8
- Profit before tax was ₹894.03 crore in the year to Mar 2026, against ₹773.41 crore; before one-off items it was ₹928.36 crore.9
- Total comprehensive income (profit plus gains and losses booked outside the profit and loss account) was ₹522.07 crore in the year to Mar 2026, against ₹471.25 crore, and earnings per share (profit for each share) were ₹463.66, against ₹422.60.1011
Business segments
- Transportation & Electronics. Serves transportation and electronics equipment makers with products for cars and aircraft, advanced materials and transportation safety. In the year to Mar 2026 its revenue was ₹1,845.54 crore, against ₹1,676.55 crore a year earlier, and profit before interest and tax ₹347.79 crore, against ₹300.92 crore.12
- Safety and Industrial. Safety and Industrial revenue grew 16.0% in the year to Mar 2026. Its product lines include abrasives, industrial adhesives and tapes, and electrical products such as cable accessories and pipe coating.1314
- Health Care. Sells medical and surgical supplies, dental and orthodontic products, and filtration products for industrial and life-sciences customers. In the year to Mar 2026 its revenue was ₹1,016.58 crore, against ₹865.22 crore a year earlier, and profit before interest and tax ₹209.82 crore, against ₹174.67 crore.15
- Consumer. Sells home care, office supply and stationery, home improvement and consumer healthcare products. In the year to Mar 2026 its revenue was ₹537.24 crore, against ₹464.86 crore a year earlier, and profit before interest and tax ₹94.11 crore, against ₹82.33 crore.16
Solventum healthcare agreements
- The company is the exclusive licensed manufacturer and reseller, and an independent distributor, of most of Solventum Corporation's healthcare products in India, under agreements signed on 31 Mar 2024.1718
- On 26 Oct 2026, the board approved the key terms of a proposed amendment that would remove from the Solventum distribution agreement the products Solventum sold to Thermo Fisher, once agreed conditions are met.1819
- In its exchange filing of 26 Oct 2026, the company said the proposed amendment would extend the Solventum distribution agreement for the remaining products by 2 years, to 7 years from its signing.19
Where revenue comes from
Customers and partners
Dealings with the 3M group
- Purchases from 3M group companies were 37% of total purchases in the year to Mar 2026, against 47% a year earlier; sales to them were 1% of total sales, against 1.6%.25
Research and development
- In the year to Mar 2026, research and development spending was ₹15.15 crore of capital spending (on long-lived assets such as equipment) and ₹73.78 crore of revenue spending (day-to-day costs).26
- The company launched an Electronics Customer Experience Centre in Bengaluru, which by its annual report of 4 Aug 2026 had hosted around 150 engineers and designers exploring uses in consumer electronics, cars, aerospace, data centres and semiconductors.27
Recent events
- On 24 Jul 2026, the company said manufacturing at its Ahmedabad plant was temporarily suspended after flooding, that restoration would take a few days and that, given capacity elsewhere, it foresaw no material impact; its documents give no later update.28
- In its meeting notice of 22 May 2026, the board recommended a final dividend of ₹160 and a special (one-time) dividend of ₹346 per share for the year to Mar 2026, subject to approval on 26 Aug 2026; the documents give no outcome.2930
- Ramesh Ramadurai retired as managing director on 31 Mar 2026; Aseem Joshi, now managing director, was appointed a key managerial personnel (a top officer named under company law) from 1 Apr 2026.3132
- On 23 Feb 2026, the company signed an advance pricing agreement (fixing in advance the prices on group dealings) with the Central Board of Direct Taxes to settle transfer pricing disputes, and booked a tax expense of ₹170.95 crore by 31 Dec 2025.33
Last updated
All 33 sources, each with its page
- 1. Annual report, 4 Aug 2026, page 66
- 2. Annual report, 4 Aug 2026, page 100
- 3. Annual report, 4 Aug 2026, page 144
- 4. Annual report, 4 Aug 2026, page 7
- 5. Annual report, 4 Aug 2026, page 94
- 6. Annual report, 4 Aug 2026, page 60
- 7. Annual report, 4 Aug 2026, page 67
- 8. Annual report, 4 Aug 2026, page 67
- 9. Annual report, 4 Aug 2026, page 67
- 10. Annual report, 4 Aug 2026, page 67
- 11. Annual report, 4 Aug 2026, page 68
- 12. Annual report, 4 Aug 2026, page 70
- 13. Annual report, 4 Aug 2026, page 11
- 14. Annual report, 4 Aug 2026, page 70
- 15. Annual report, 4 Aug 2026, page 71
- 16. Annual report, 4 Aug 2026, page 71
- 17. Annual report, 4 Aug 2026, page 71
- 18. Exchange filing, 26 Oct 2026, page 1
- 19. Exchange filing, 26 Oct 2026, page 2
- 20. Annual report, 4 Aug 2026, page 67
- 21. Annual report, 4 Aug 2026, page 100
- 22. Annual report, 4 Aug 2026, page 208
- 23. Annual report, 4 Aug 2026, page 114
- 24. Annual report, 4 Aug 2026, page 208
- 25. Annual report, 4 Aug 2026, page 114
- 26. Annual report, 4 Aug 2026, page 154
- 27. Annual report, 4 Aug 2026, page 20
- 28. Exchange filing, 24 Jul 2026, page 1
- 29. Annual report, 4 Aug 2026, page 41
- 30. Annual report, 4 Aug 2026, page 42
- 31. Annual report, 4 Aug 2026, page 58
- 32. Annual report, 4 Aug 2026, page 39
- 33. Exchange filing, 24 Feb 2026, page 1
Results
Standalone, as consolidated accounts are on record for only 6 of the last ten years; ₹ crore.3M India quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +15.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +16.3%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,423 Crup 1.71%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹233 Crup 8.23%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 16.4%
Revenue by quarter
Peak revenue ₹1,423 Cr, quarter to Jun 2026; lowest ₹1,090 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in 1 of the 8 quarters shown
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,111 | 1,090 | 1,198 | 1,196 | 1,266 | 1,228 | 1,399 | 1,423 |
| Net profit | 134 | 114 | 71 | 178 | 191 | −62 | 215 | 233 |
| Net margin | 12.0% | 10.4% | 6.0% | 14.9% | 15.1% | −5.1% | 15.4% | 16.4% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹5,090 Crup 14.49%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹522 Crup 9.72%
- Net margin
- 10.3%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,458what Revenue, Mar 2017, includes. This period's revenue includes excise duty of ₹95 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,580what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹24 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,809 | 2,765 | 2,420 | 3,078 | 3,733 | 3,927 | 4,446 | 5,090 |
| Net profit | 241 | 311 | 323 | 219 | 149 | 266 | 416 | 536 | 476 | 522 |
| Net margin | 9.8% | 12.0% | 11.5% | 7.9% | 6.2% | 8.6% | 11.1% | 13.7% | 10.7% | 10.3% |
Standalone. Years to March. The latest is shaded.
Business segments
Share of revenue, year to Mar 2026, standalone.Segment revenue and profit
- Transportation & ElectronicsTransportation & Electronics, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,846 Crup 10.08%36.3%
- Safety & IndustrialSafety & Industrial, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,640 Crup 16.00%32.2%
- Health CareHealth Care, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,017 Crup 17.49%20.0%
- ConsumerConsumer, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹537 Crup 15.57%10.6%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹50 Cr1.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.3M India PE ratio and valuation
Price to earnings
At or below today's level on 3% of 2,479 trading days over the last 10 years.
LowestHighest
Its median71.07Industry median10.03
Price to book
At or below today's level on 64% of 1,842 trading days since May 2019.
LowestHighest
Its median15.70Industry median1.12
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 78% of 2,465 trading days over the last 10 years.
LowestHighest
Its median0.00%Industry median2.49%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +5.9% | +9.7% | −5.0% | 1.7% |
| 3 years | +11.4% | +7.9% | +1.5% | 1.9% |
| 5 years | +1.8% | +28.5% | −22.3% | 2.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
57 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 12 of the 23 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.All 57 funds holding 3M India
- AddedAdded. Funds that held more shares than at the end of the month before.
- 13
- CutCut. Funds that held fewer shares than at the end of the month before.
- 10
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 31
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 57
| Fund | |||
|---|---|---|---|
 Mirae Asset Midcap FundMirae Asset Mutual Fund | 97,887 | 1.61% | ₹314.8 Cr |
 Canara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund | 75,288 | 0.99% | ₹242.1 Cr |
 Nippon India Focused FundNippon India Mutual Fund | 74,088 | 2.95% | ₹238.3 Cr |
 Bandhan Large & Mid Cap FundBandhan Mutual Fund | 61,462 | 0.96% | ₹197.7 Cr |
| Nippon India Growth Mid Cap FundNippon India Mutual Fund | 60,000 | 0.38% | ₹193.0 Cr |
 Axis Midcap FundAxis Mutual Fund | 56,624 | 0.54% | ₹182.1 Cr |
| Nippon India Multi Cap FundNippon India Mutual Fund | 56,067 | 0.34% | ₹180.3 Cr |
| Nippon India ELSS Tax Saver FundNippon India Mutual Fund | 48,600 | 1.11% | ₹156.3 Cr |
 UTI Flexi Cap FundUTI Mutual Fund | 46,000 | 0.66% | ₹147.9 Cr |
| Nippon India Innovation FundNippon India Mutual Fund | 28,722 | 3.16% | ₹92.4 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
3M India competitors and peers
Diversified, 17 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to 3M India in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Diversified companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Godrej IndustriesGODREJIND | 30,482 | 25.93 | 2.73 | +16.9% | +16.6% | 11.0% | 2.6% | 0.00% |
 DCM ShriramDCMSHRIRAM | 13,629 | 9.87 | 1.61 | +14.0% | +93.7% | 17.6% | 9.5% | 1.33% |
 Kama HoldingsKAMAHOLD | 6,858 | 6.27 | 0.86 | +12.9% | +50.4% | 14.3% | 15.1% | 2.13% |
| Lords Mark IndustriesLORDSMARK | 3,079 | – | 3.09 | – | – | – | 8.7% | 0.00% |
 Balmer Lawrie & CompanyBALMLAWRIE | 2,657 | 9.52 | 1.28 | +8.9% | +3.0% | 13.8% | 13.3% | 5.47% |
 TTK HealthcareTTKHLTCARE | 1,279 | 4.63 | 0.95 | +11.3% | +317.3% | 22.7% | 2.0% | 1.10% |
 Empire IndustriesEMPIND | 562 | 10.03 | 1.60 | +8.1% | +63.1% | 16.9% | 14.4% | 5.33% |
 Gillanders Arbuthnot & CompanyGILLANDERS | 201 | 11.51 | 0.78 | −2.9% | −43.9% | 6.9% | 4.7% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.3M India dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹950.00 a share, year to Mar 2023.
| Ex-date | Type | Per share |
|---|---|---|
| 17 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹160.00 |
| 17 Jul 2026 | Special | ₹346.00 |
| 25 Jul 2025 | Final | ₹160.00 |
| 25 Jul 2025 | Special | ₹375.00 |
| 5 Jul 2024 | Special | ₹525.00 |
| 5 Jul 2024 | Final | ₹160.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.3M India announcements
Oct 2026
26 Oct · General Updates
21 Oct · Management
6 Oct
Sep 2026
12 Sep
3M India share price by year
Each calendar year to 2025.3M India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 35,115.00 | +15.5% | 36,130.00 | 25,982.50 |
| 2024 | 30,393.15 | −18.5% | 40,020.60 | 28,619.05 |
| 2023 | 37,309.15 | +70.0% | 37,309.15 | 21,505.70 |
| 2022 | 21,943.10 | −13.5% | 25,797.20 | 17,457.70 |
| 2021 | 25,360.80 | +21.7% | 30,436.65 | 19,074.55 |
| 2020 | 20,830.55 | −2.2% | 24,662.45 | 15,887.25 |
| 2019 | 21,304.70 | +2.3% | 25,157.85 | 18,165.90 |
| 2018 | 20,824.40 | +8.9% | 26,007.45 | 17,756.25 |
| 2017 | 19,126.45 | +72.0% | 19,366.40 | 10,789.90 |
| 2016 | 11,123.10 | −2.4% | 14,939.55 | 9,521.50 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 28,830.00 | 29,030.00 | 28,505.00 | 28,920.00 | 28,754.11 | 3,191 | 42.7% |
| 28 Oct 2026 | 28,865.00 | 29,075.00 | 28,590.00 | 28,830.00 | 28,801.43 | 3,015 | 52.0% |
| 27 Oct 2026 | 29,225.00 | 29,650.00 | 28,700.00 | 28,865.00 | 29,157.80 | 4,295 | 53.8% |
| 26 Oct 2026 | 28,815.00 | 29,475.00 | 28,540.00 | 29,225.00 | 29,115.13 | 3,689 | 40.0% |
| 23 Oct 2026 | 29,675.00 | 29,750.00 | 28,485.00 | 28,815.00 | 28,833.00 | 5,452 | 49.7% |
| 22 Oct 2026 | 30,230.00 | 30,240.00 | 29,710.00 | 29,770.00 | 29,864.29 | 1,575 | 47.0% |
| 21 Oct 2026 | 30,295.00 | 30,490.00 | 29,575.00 | 30,240.00 | 30,005.02 | 2,166 | 46.9% |
| 19 Oct 2026 | 30,400.00 | 30,405.00 | 30,055.00 | 30,115.00 | 30,162.67 | 724 | 50.4% |
| 16 Oct 2026 | 30,880.00 | 30,880.00 | 30,300.00 | 30,400.00 | 30,439.04 | 1,429 | 47.8% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- 3MINDIA
- BSE code
- 523395
- ISIN
- INE470A01017
- Industry
- Diversified
- Former symbols
- BIRLA3M
- Website
- www.3m.com/in
- CIN
- L31300KA1987PLC013543
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1987
- Registered office
- Plot No 48-51, Hosur Road, Electronics City, Bengaluru 560100, Karnataka
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments