On standalone basis
Quarter ended June 2025 compared with Quarter ended June 2024.
Net sales (including other operating income) of 3M India has increased 14.28% to Rs 1,195.97 crore. Sales of Safety & Industrial segment has gone up 11.93% to Rs 378.18 crore (accounting for 31.62% of total sales). Sales of Transportation & Electronics segment has gone up 11.24% to Rs 440.04 crore (accounting for 36.79% of total sales). Sales of Health Care segment rose 19.99% to Rs 240.48 crore (accounting for 20.11% of total sales). Sales of Consumer segment has gone up 19.97% to Rs 130.52 crore (accounting for 10.91% of total sales). Sales of Others segment has gone up 72.27% to Rs 6.75 crore (accounting for 0.56% of total sales). Profit before interest, tax and other unallocable items (PBIT) has jumped 18.08% to Rs 226.56 crore. PBIT of Safety & Industrial segment rose 47.91% to Rs 62.53 crore (accounting for 27.60% of total PBIT). PBIT of Transportation & Electronics segment rose 6.08% to Rs 89.98 crore (accounting for 39.72% of total PBIT). PBIT of Health Care segment rose 15.75% to Rs 49.97 crore (accounting for 22.06% of total PBIT). PBIT of Consumer segment rose 17.51% to Rs 22.97 crore (accounting for 10.14% of total PBIT). PBIT of Others segment fell 46.17% to Rs 1.11 crore (accounting for 0.49% of total PBIT). PBIT margin of Safety & Industrial segment rose from 12.51% to 16.53%. PBIT margin of Transportation & Electronics segment fell from 21.44% to 20.45%. PBIT margin of Health Care segment fell from 21.54% to 20.78%. PBIT margin of Consumer segment fell from 17.97% to 17.60%. PBIT margin of Others segment fell from 52.49% to 16.40%. Overall PBIT margin rose from 18.33% to 18.94%. Operating profit margin has jumped from 19.63% to 20.21%, leading to 17.66% rise in operating profit to Rs 241.75 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 39.93% to 35.74%. Purchase of finished goods cost rose from 19.20% to 21.43%. Employee cost decreased from 9.81% to 9.78%. Other expenses rose from 12.15% to 13.03%. Other income fell 31.11% to Rs 14.99 crore. PBIDT rose 12.99% to Rs 256.74 crore. Provision for interest fell 19.85% to Rs 2.14 crore. PBDT rose 13.38% to Rs 254.6 crore. Provision for depreciation rose 11.86% to Rs 15.19 crore. Profit before tax grew 13.48% to Rs 239.41 crore. Provision for tax was expense of Rs 61.72 crore, compared to Rs 53.82 crore. Effective tax rate was 25.78% compared to 25.51%. Profit after tax rose 13.07% to Rs 177.69 crore. Promoters’ stake was 75.00% as of 30 June 2025 ,compared to 75.00% as of 30 June 2024 .
Full year results analysis
Net sales (including other operating income) of 3M India has increased 6.12% to Rs 4,445.56 crore. Sales of Safety & Industrial segment has gone up 6.04% to Rs 1,413.87 crore (accounting for 31.80% of total sales). Sales of Transportation & Electronics segment has gone up 1.65% to Rs 1,676.56 crore (accounting for 37.71% of total sales). Sales of Health Care segment rose 13.71% to Rs 865.22 crore (accounting for 19.46% of total sales). Sales of Consumer segment has gone up 8.62% to Rs 464.86 crore (accounting for 10.46% of total sales). Sales of Others segment has gone up 40.91% to Rs 25.06 crore (accounting for 0.56% of total sales). Profit before interest, tax and other unallocable items (PBIT) has jumped 1.16% to Rs 714.32 crore. PBIT of Safety & Industrial segment fell 17.50% to Rs 146.72 crore (accounting for 20.54% of total PBIT). PBIT of Transportation & Electronics segment fell 17.97% to Rs 300.92 crore (accounting for 42.13% of total PBIT). PBIT of Health Care segment rose 140.04% to Rs 174.67 crore (accounting for 24.45% of total PBIT). PBIT of Consumer segment rose 1.59% to Rs 82.32 crore (accounting for 11.52% of total PBIT). PBIT of Others segment rose 26.88% to Rs 9.68 crore (accounting for 1.35% of total PBIT). PBIT margin of Safety & Industrial segment fell from 13.34% to 10.38%. PBIT margin of Transportation & Electronics segment fell from 22.24% to 17.95%. PBIT margin of Health Care segment rose from 9.56% to 20.19%. PBIT margin of Consumer segment fell from 18.94% to 17.71%. PBIT margin of Others segment fell from 42.89% to 38.62%. Overall PBIT margin fell from 16.86% to 16.07%. Operating profit margin has declined from 18.12% to 17.31%, leading to 1.39% rise in operating profit to Rs 769.61 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 38.63% to 37.81%. Purchase of finished goods cost rose from 20.75% to 22.42%. Employee cost increased from 9.46% to 9.69%. Other expenses rose from 12.83% to 13.03%. Other income fell 10.24% to Rs 70.27 crore. PBIDT rose 0.30% to Rs 839.88 crore. Provision for interest up 247.20% to Rs 11.18 crore. Loan funds declined from Rs 9.41 crore as of 31 March 2024 to Rs 8.13 crore as of 31 March 2025. Inventories rose to Rs 648.24 crore as of 31 March 2025 from Rs 531.79 crore as of 31 March 2024. Sundry debtors were higher at Rs 790.27 crore as of 31 March 2025 compared to Rs 703.09 crore as of 31 March 2024. Cash and bank balance declined from Rs 1,357.84 crore as of 31 March 2024 to Rs 937.38 crore as of 31 March 2025. PBDT fell 0.65% to Rs 828.7 crore. Provision for depreciation rose 4.44% to Rs 55.29 crore. Fixed assets increased to Rs 426.68 crore as of 31 March 2025 from Rs 344.42 crore as of 31 March 2024. Intangible assets declined from Rs 0.35 crore to Rs 0.30 crore. Profit before tax down 1% to Rs 773.41 crore. Provision for tax was expense of Rs 297.34 crore, compared to Rs 197.8 crore. Effective tax rate was 38.45% compared to 25.32%. Profit after tax fell 18.40% to Rs 476.07 crore. Promoters’ stake was 75.00% as of 31 March 2025 ,compared to 75.00% as of 31 March 2024 . Cash flow from operating activities decreased to Rs 355.10 crore for year ended March 2025 from Rs 643.03 crore for year ended March 2024. Cash flow used in acquiring fixed assets during the year ended March 2025 stood at Rs 55.42 crore, compared to Rs 31.41 crore during the year ended March 2024.
Management Comments :
Mr. Ramesh Ramadurai,
Managing Director of 3M India, said “the Company delivered 14.3% sales growth in the first
quarter versus Q1 prior year. The Company delivered broad-based growth across all four business
segments. For the quarter, Healthcare and Consumer segments grew by 20% each, Safety &
Industrial grew by 11.9% and Transportation & Electronics grew by 11.2% versus prior year. We are
encouraged with the sales growth in Q1 FY 25-26, even after allowing for a softer comparison with
Q1 FY 24-25. These results also reflect early traction from the sales and marketing investments the
Company made since the middle of the previous financial year to improve our market penetration
and commercial excellence. The Company’s profit after tax grew 13.1% to INR 178 crores. The
increase in expenses were mitigated by efficiencies in material cost. I thank our teams for their
disciplined execution during the quarter, and for maintaining a strong customer focus."
| 3M India : Standalone Results | | Quarter ended | Year ended |
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| Particulars | 202506 | 202406 | Var.(%) | 202503 | 202403 | Var.(%) |
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| Net Sales (including other operating income) | 1,195.97 | 1,046.57 | 14.28 | 4,445.56 | 4,189.36 | 6.12 | | OPM (%) | 20.21 | 19.63 | 58 bps | 17.31 | 18.12 | -81 bps | | OP | 241.75 | 205.46 | 17.66 | 769.61 | 759.09 | 1.39 | | Other Inc. | 14.99 | 21.76 | -31.11 | 70.27 | 78.29 | -10.24 | | PBIDT | 256.74 | 227.22 | 12.99 | 839.88 | 837.38 | 0.30 | | Interest | 2.14 | 2.67 | -19.85 | 11.18 | 3.22 | 247.20 | | PBDT | 254.60 | 224.55 | 13.38 | 828.70 | 834.16 | -0.65 | | Depreciation | 15.19 | 13.58 | 11.86 | 55.29 | 52.94 | 4.44 | | PBT | 239.41 | 210.97 | 13.48 | 773.41 | 781.22 | -1.00 | | PBT before EO | 239.41 | 210.97 | 13.48 | 773.41 | 781.22 | -1.00 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 239.41 | 210.97 | 13.48 | 773.41 | 781.22 | -1.00 | | Taxation | 61.72 | 53.82 | 14.68 | 297.34 | 197.8 | 50.32 | | PAT | 177.69 | 157.15 | 13.07 | 476.07 | 583.42 | -18.40 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 177.69 | 157.15 | 13.07 | 476.07 | 583.42 | -18.40 | | EPS (Rs)* | 157.67 | 139.44 | 13.07 | 422.42 | 517.68 | -18.40 | | | * EPS is on current equity of Rs 11.27 crore, Face value of Rs 10, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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| 3M India : Standalone Segment Results | | | Quarter ended | Year ended |
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| % of (Total) | 202506 | 202406 | Var.(%) | % of (Total) | 202503 | 202403 | Var.(%) |
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| Sales | | Safety & Industrial | 31.62 | 378.18 | 337.88 | 11.93 | 31.80 | 1,413.87 | 1,333.29 | 6.04 | | Transportation & Electronics | 36.79 | 440.04 | 395.56 | 11.24 | 37.71 | 1,676.56 | 1,649.41 | 1.65 | | Health Care | 20.11 | 240.48 | 200.42 | 19.99 | 19.46 | 865.22 | 760.93 | 13.71 | | Consumer | 10.91 | 130.52 | 108.79 | 19.97 | 10.46 | 464.86 | 427.96 | 8.62 | | Others | 0.56 | 6.75 | 3.92 | 72.27 | 0.56 | 25.06 | 17.78 | 40.91 | | Total Reported Sales | 100.00 | 1,195.97 | 1,046.57 | 14.27 | 100.00 | 4,445.56 | 4,189.36 | 6.12 | | Less: Inter segment revenues | | 0.00 | 0.00 | - | | 0.00 | 0.00 | - | | Net Sales | 100.00 | 1,195.97 | 1,046.57 | 14.27 | 100.00 | 4,445.56 | 4,189.36 | 6.12 | | PBIT | | Safety & Industrial | 27.60 | 62.53 | 42.27 | 47.91 | 20.54 | 146.72 | 177.84 | -17.50 | | Transportation & Electronics | 39.72 | 89.98 | 84.82 | 6.08 | 42.13 | 300.92 | 366.86 | -17.97 | | Health Care | 22.06 | 49.97 | 43.18 | 15.75 | 24.45 | 174.67 | 72.77 | 140.04 | | Consumer | 10.14 | 22.97 | 19.55 | 17.51 | 11.52 | 82.32 | 81.04 | 1.59 | | Others | 0.49 | 1.11 | 2.06 | -46.17 | 1.35 | 9.68 | 7.63 | 26.88 | | Total PBIT | 100.00 | 226.56 | 191.88 | 18.08 | 100.00 | 714.32 | 706.14 | 1.16 | | Less : Interest | | 2.14 | 2.67 | -19.62 | | 11.18 | 3.22 | 247.43 | | Add: Other un-allcoable | | 14.99 | 21.76 | -31.12 | | 70.27 | 78.29 | -10.25 | | PBIT Margin(%) | | Safety & Industrial | | 16.53 | 12.51 | 402.21 | | 10.38 | 13.34 | -296.13 | | Transportation & Electronics | | 20.45 | 21.44 | -99.51 | | 17.95 | 22.24 | -429.32 | | Health Care | | 20.78 | 21.54 | -76.09 | | 20.19 | 9.56 | 1,062.48 | | Consumer | | 17.60 | 17.97 | -36.88 | | 17.71 | 18.94 | -122.66 | | Others | | 16.40 | 52.49 | -3,608.64 | | 38.62 | 42.89 | -427.10 | | PBT | 100.00 | 239.40 | 210.97 | 13.48 | 100.00 | 773.41 | 781.21 | -1.00 |
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