3M India Limited (3MINDIA) Fair Value & Analysis
Industrials · IN · Market cap ₹383B
Fair value as of: Aug 13, 2026
From 13 valuation models · updated today
Share price −1.0% over the past month.
A solid business, but screening 77% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (₹10,345). The favourable scenario is already priced in.
- Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range (₹5,504 to ₹10,345) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range ₹16,414 – ₹39,818 · fair‑value band ₹5,504 – ₹10,345 · the ₹36,165 price screens above the ₹8,276 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
3M India Limited (3MINDIA) currently trades at ₹36,165, while our model-based Fair Value estimate is ₹8,276, implying the stock looks roughly 77.1% overvalued today. The Quality Score stands at 69/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, 3M India Limited generated revenue of ₹50.9B at a net margin of 10.3%. Revenue grew 16.8% year over year. It earns a return on equity of 28.9%. The balance sheet holds a net cash position of ₹6.5B. Fundamentals as of Aug 13, 2026
Our scenario range runs from ₹5,504 (bear case) to ₹10,345 (bull case); at ₹36,165, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 5% below its 52-week high and 27% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 11% fair-value upside, at -77%, 3MINDIA screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 13 models by family
Widest divergence: DCF Models (₹12,465) versus Asset-Based (₹1,052). Highest evidence: Growth DCF (80).
Notify me when 3MINDIA reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 67 · Market factors (momentum, volatility) 65
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
3M India Limited manufactures and trades in various products in India and internationally. It operates in four segments: Safety & Industrial; Transportation & Electronics; Health Care; and Consumer.
Full company description
3M India Limited manufactures and trades in various products in India and internationally. It operates in four segments: Safety & Industrial; Transportation & Electronics; Health Care; and Consumer. The company offers vinyl, polyester, foil, and specialty industrial tapes and adhesives, such as masking tapes, and filament and packaging tapes; functional and decorative graphics; abrasion-resistant films; and other specialty materials. In addition, the company 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. Further, it provides home and office tapes, 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, and Scotch brands for the automotive, commercial solutions, consumer markets, design and construction, electronics, energy, health care, manufacturing, safety, and transportation industries. It also exports its products. The company was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited operates as a subsidiary of 3M Company.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
3M India Limited reported revenue of ₹50.9B in FY2026 versus ₹33.3B in FY2022, a compound +11.2%/yr. Reported net income was ₹5.2B in FY2026, compounding +17.7%/yr from FY2022.
of which total revenue +9.0 pp · buybacks/dilution −0.7 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
3MINDIA screens 77% overvalued. Compare with ITOCHU Corporation →
Peer Group
Conglomerates · 385 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Conglomerates median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Conglomerates stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| ITOCHU Corporation ITOCHU19 | 7.20 THB | 14.40 THB | +100% |
| SK Inc 034730 | 553,000 KRW | 615,077 KRW | +11% |
| PT Astra International Tbk, ASII | 4,860 IDR | 9,720 IDR | +100% |
| Koç Holding KCHOL | 205.80 TRY | 182.26 TRY | -11% |
| SRF Limited SRF | ₹2,585 | ₹859.71 | -67% |
| Empresas Copec S.A COPEC | 6,030 CLP | 10,809 CLP | +79% |
| Posco International Corporation 047050 | 54,300 KRW | 71,119 KRW | +31% |
| Tube Investments of India Limited TIINDIA | ₹2,839 | ₹723.80 | -75% |
| Doosan Corporation 000155 | 436,000 KRW | 93,413 KRW | -79% |
| Thermax Limited THERMAX | ₹4,002 | ₹1,343 | -66% |
Compare 3M India Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is 3M India Limited (3MINDIA) overvalued or undervalued?
What is the fair value of 3MINDIA?
What is the quality score of 3MINDIA?
What is the revenue of 3M India Limited (3MINDIA)?
What is the net profit margin of 3MINDIA?
Does 3M India Limited pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track 3M India Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.