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

Revenues for 3M India Limited are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 2.281000
forwardPE 53.011955
debtToEquity 6.416000
earningsGrowth 0.430000
revenueGrowth 0.140000
grossMargins 0.415010
operatingMargins 0.190140
trailingEps 491.400000
forwardEps 0.000000

3MINDIA's current ratio being 2.281 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that 3MINDIA can meet its financial obligations with ease.
3M India Limited's forward PE is elevated, which may cap future price gains and even lead to a price correction. This overvaluation risk highlights the importance of considering this metric carefully in combination with other fundamental indicators to evaluate the stock properly.
Positive earnings and revenue growth for 3MINDIA point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.

Price projections:

Price projections for 3MINDIA
Price projections for 3MINDIA

Price projections for 3MINDIA have consistently been revised upward, suggesting that analysts are increasingly optimistic about the company's performance. This trend reflects a positive outlook for 3MINDIA's future.

3MINDIA's stock price has surpassed the higher limit of expectations, indicating a successful upward trend. Nonetheless, the limited potential for further rises may signal that the stock is facing saturation, which could lead to a more stable price environment.

Recommendation changes over time:

Recommendations trend for 3MINDIA
Recommendations trend for 3MINDIA


3MINDIA has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see 3MINDIA as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.