The company is the flagship listed Company of 3M Company, USA in India. 3M India managed its operations in four operating business segments: Safety and Industrial; Transportation & Electronics; Health Care; and Consumer. The Company’s four...
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
3M India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
3M India Ltd. should be analysed on a Standalone basis
MoneyWorks4Me analysed the past 10-year performance of 3M India Ltd and arrived at the following conclusion:
Past 10 year's financial track record indicates that 3M India Ltd is a good quality company. However, for specific investment actions please connect with your investment advisor.
2. Is current market price of 3M India Ltd a good price to buy it?
The 5-year analysis of 3M India Ltd's performance infers:
3M India Ltd earnings have grown by 23.2%, whereas share price has appreciated 14.9% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.
3. What is 3M India Ltd share price return in the past 10 years ?
We analysed the performance of 3M India Ltd share prices over the last 10 years. Here is what we found out:
3M India Ltd share price has appreciated 20.1% annually over the past ten years.
The company is the flagship listed Company of 3M Company, USA in India. 3M India managed its operations in four operating business segments: Safety and Industrial; Transportation & Electronics; Health Care; and Consumer. The Company’s four business segments bring together common or related 3M technologies, enhancing the development of innovative products and services and providing for efficient sharing of business resources. Most of its products
The company is the flagship listed Company of 3M Company, USA in India. 3M India managed its operations in four operating business segments: Safety and Industrial; Transportation & Electronics; Health Care; and Consumer. The Company’s four business segments bring together common or related 3M technologies, enhancing the development of innovative products and services and providing for efficient sharing of business resources. Most of its products involve expertise in technology, product development, manufacturing and marketing, and are subject to competition from products manufactured and sold by other technologically oriented companies
Business area of the company
3M Company is a diversified technology and science Company with a global presence in the following businesses: Safety and Industrial; Transportation & Electronics; Health Care; and Consumer and is among the leading manufacturers of products for many of the markets it serves.
Products of the company
Aerospace & Aircraft Maintenance
Architecture & Construction
Casting & Splinting
Food Safety & Microbiology
Food Service & Hospitality
Health Information Systems
Marine Maintenance and Repair
Medical Device & Optical Components
Personal Protective Equipment
Securement & Immobilization-Dressing Securement
Signs & Displays
Skin & Wound Care
Tapes & Adhesives
Traffic & Vehicle Safety
Wire & Cable
Awards & Recognitions
Ethics & Compliance
3M Company was honoured as one of 8 companies in the industrial manufacturing category worldwide for the World’s Most Ethical Company recognition. The company is proud to receive this for seven years in a row, an outcome of the collective efforts of 3Mers around the world.
3M India was ranked 107th by market capitalisation, in Business Today's BT500 India's Most Valuable Listed Companies, an annual study that ranks listed companies on the basis of market capitalization and other financial parameters.
An innovation developed by 3M India Limited R&D lab, 3M Scotchkote RG 700 Solar Heat Reflective Coating, was conferred an honourary mention in Fast Company’s World Changing Ideas in the Energy category.
Diversity & Inclusion
2019 Working Mother & AVTAR Best Companies for Women in India study recognised 3M India Limited as one of the Top 100 Best Companies for Women in India, for commitment to gender inclusive policies and initiatives.
3M India Ranjangaon plant was awarded the Gold Award for Manufacturing Excellence by Frost & Sullivan for the second consecutive year.
3M India was recognised on the occasion of World Food Safety Day for contributing to FSSAI standards, methods & capacity building activities.
3M India manufacturing plant at Electronics city received the 3M Corporate recognition for Quality achievement for the eighth consecutive year.
Jun - 3M and Birlas become Partners
Nov - Foundation laid for Manufacturing Facility at Electronics City, Bangalore
Feb - Inauguration of Customer Tech Centre, Bangalore, by Allen F. Jacobson, CEO, 3M, St.Paul
Apr - Production of UY connectors
Jun - First Shipment of MS2 Connectors
Jul - Commencement of Scotch-Brite Conversion
Sep - First Shipment of first Automotive Stripings
Oct - Installation of Tape Coater
Jan - Production of Box Sealing Tape Manufacturing of first batch of Light Water
Oct - First Shareholder's Meeting
Jul - Self-Certification Approval for Telecom Connectors.
Jul - 3M increases equity holding to 51%.
Jul - Warehousing Operation at Delhi.
Nov - Warehousing Operations at Mumbai
Jan - Opening of Chennai Customer Sales Centre
Apr - Opening of Calcutta Customer Sales Centre
Dec - Opening of Bangalore Customer Sales Centre
Feb - AS-400 Installed- E-mail and IFS2 Implemented
Apr - ISO-9002 Certification
Nov - New Warehouse, Bangalore
Feb - Inauguration of Graphics Production Centre - New Warehouse, Mumbai
Mar - Printed Post-it Notes
Dec - Opening of Second Customer Sales Centre in Bangalore
Jan - Industrial land acquisition at Ranjangoon, Pune
May - Mumbai Customer Sales Centre Expansion
Jul - Chennai Warehouse
Jan - Expansion of Bangalore Customer Sales Center-1
Apr - 3M Increases equity holding to 76%
Jul - Opening of new Delhi Customer Sales Centre with expanded facilities
Aug - Inauguration of Innovation Center, Electronics City, Bangalore
Jun - Acquisition of Auto Striping India Pvt. Ltd.
Jul - Inauguration of Centralized Corporate Office
Dec - Company name changed to 3M India Limited from Birla 3M Limited.
Aug - Inauguration of Manufacturing Facility for Corrosion Protection Products in Ahmadabad
Dec - Acquisition of Mahindra Engineering & Chemical Products Limited.
Apr - Moved to a brand new Corporate Office at UB City in Bangalore
Sep - Expansion of Bangalore & Ahmedabad Plants
Oct - Acquisition of Macroworx Media Pvt Ltd
Jun - 3M completes 20 years of operation in India
Oct - 3M India's 5th Manufacturing facility at Ranjangaon begins commercial operations
Jul - Phase 2 of 3M India's Corrosion Protection Manufacturing Facility at Ahmadabad inaugurated.
3M India made its first foray into the retail space in India with the launch of the 3M Car Care Centre initiative.
Filed 13 patents & launched over 23 new product innovations for the India market.
3M India's biggest Distribution Centre inaugurated at Electronics City, Bangalore to meet 2015 growth needs.
Expanded regional presence with 4 branch offices in Kolkata, Chennai, Pune & Gurgaon respectively.
Inaugurated two state-of-the-art Innovation Centres at Bangalore and Gurgaon to focus on local product innovations.Filed 14 patents.
Ranked 4th in the prestigious Indian Council of Market Research ( ICMR) list of 'Most Innovative Brands' in India.
3M Wins 2012 Manufacturing Leadership 100 Award for Innovative Enterprise
3M's Renewable Energy Division and Gossamer Space Frames unveiled the world’s largest aperture trough using 3M Solar Mirror Film 1100 for concentrated solar power.
3M topped $30 billion in sales around the globe.
In May 2014 3M reached an innovation milestone with the issuance of 52 patents, moving the company’s total number of patents past the 100,000 mark.
8KMiles acquires SERJ solution.
EzIAM - An enterprise grade IDaaS availability announcement was made at the AWS Summit- prweb.
3M scientists and researchers earned the company its 100,000th patent.
3M has been named to the Dow Jones Sustainability Index for 16 consecutive years.
3M opened a state-of-the-art, $150-million research and development laboratory on its Minnesota campus.
3M Healthcare has partnered with leading accreditation body to launch courses for upgradation of sterilization standards in hospitals and nursing homes.
Launch of Command range of products in e-Commerce.
Launch of Command range of products in Modern Trade.
Launch of innovative products like Scotch-Brite Broom, Microfiber cloth and a range of household tapes including wall-safe tapes and student tape.
Partnered with adjacent category & household brands for cross promotional activities thereby expanding household reach for our products.
The company inaugurated 3M’s third customer innovation center at Mumbai.
The company has launched a national level nursing leadership awards program to recognize the contributions of nurses in India.
The company’s India R&D team developed a coating technology for the Indian railways to reduce the temperature in passenger trains.