3M India Limited (523395) Fair Value & Analysis
Conglomerates · IN · Market cap ₹215B
Fair value as of: Aug 17, 2026
From 13 valuation models · updated today
Share price −1.3% over the past month.
A solid business, but screening 74% overvalued on our models.
What matters now
- A high-quality business (quality 73/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- The price sits above even our optimistic bull case (₹11,622). The favourable scenario is already priced in.
- The model range is unusually wide (₹4,056 to ₹11,622). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 17, 2026.
How to read this chart
60‑month range ₹16,579 – ₹39,625 · fair‑value band ₹4,056 – ₹11,622 · the ₹35,283 price screens above the ₹9,297 fair value. Dashed = 300-day average. As of Aug 17, 2026.
Analysis
3M India Limited (523395) currently trades at ₹35,283, while our model-based Fair Value estimate is ₹9,297, implying the stock looks roughly 73.7% overvalued today. The Quality Score stands at 73/100 (solid quality), in the Conglomerates 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 ₹25.3B at a net margin of 7.5%. Revenue declined 57.0% year over year. The stock trades on a trailing P/E of 123.1 (as of Aug 17, 2026). Fundamentals as of Aug 17, 2026
Our scenario range runs from ₹4,056 (bear case) to ₹11,622 (bull case); at ₹35,283, 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 7% below its 52-week high and 23% above its 52-week low, currently above its 200-day average. For context, the median of 10 Conglomerates peers we cover trades at 11% fair-value upside, at -74%, 523395 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: Dividend Discount (₹11,730) versus Asset-Based (₹1,098). Highest evidence: Growth DCF (80).
Notify me when 523395 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 17, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 73 · Market factors (momentum, volatility) 61
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 engages in the manufacture and trade of various products for industrial, health care, consumer, safety and graphics, and electronics and energy markets in India. The company operates in four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer.
Full company description
3M India Limited engages in the manufacture and trade of various products for industrial, health care, consumer, safety and graphics, and electronics and energy markets in India. The company operates in four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil and specialty industrial tapes, adhesives, and other specialty materials; functional and decorative graphics; masking tapes; and abrasion-resistant films. This segment serves original equipment manufacturer and automotive aftermarket, electronics, appliance, and roofing granules. Its Health Care segment provides medical and surgical supplies, medical devices, drug delivery systems, dental and orthodontic products, and food safety products, as well as skin and wound care, and infection prevention products and solutions. The company Transportation and Electronics segment offers personal protection products; asset protection solutions; border control products; passive fire protection for industries and commercial; track and trace products; cleaning and hygiene products for the hospitality industry; traffic safety systems; commercial graphics; architectural markets; and mobile interactive solutions. Its Consumer segment provides office supply, stationery, home care, and protective material products for consumer retail, modern trade, and other retail channels. The company also exports its products. It serves automotive, commercial solutions, consumer, design and construction, electronics, energy, health care, manufacturing, mining, oil and gas, safety, and transportation industries. 3M India Limited was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited is a subsidiary of 3M Company, USA.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
3M India Limited reported revenue of ₹44.5B in FY2025 versus ₹26.0B in FY2021, a compound +14.3%/yr. Reported net income was ₹4.8B in FY2025, compounding +30.9%/yr from FY2021.
523395 screens 74% overvalued. Compare with ITOCHU Corporation →
Peer Group
Conglomerates · 384 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 17, 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
Frequently asked questions
Is 3M India Limited (523395) overvalued or undervalued?
What is the fair value of 523395?
What is the quality score of 523395?
What is the revenue of 3M India Limited (523395)?
What is the net profit margin of 523395?
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.