3M India (NSE:3MINDIA) EBIT: ₹9,375 Mil (TTM As of Mar. 2026)


NSE:3MINDIA 3M India Ltd NSE:3MINDIA
87 GF Score
Price ₹33,380.00
GF Value ₹37,906.43
Valuation Modestly Undervalued
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What is 3M India EBIT?

3M India NSE:3MINDIA -0.46% 87 EBIT is ₹9,375 Mil as of Mar. 2026. GuruFocus rates NSE:3MINDIA with a GF Score™ of 87/100 and a GF Value™ of ₹37,906.43 (Modestly Undervalued).

3M India's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹2,931 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9,375 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 3M India's annualized ROC % for the quarter that ended in Mar. 2026 was 51.56%. 3M India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 110.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. 3M India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.54%.

3M India  (NSE:3MINDIA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

3M India's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=9636.4 * ( 1 - 25.53% )/( (0 + 13918.1)/ 1 )
=7176.22708/13918.1
=51.56 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=31372.5 - 9255.7 - ( 8198.7 - max(0, 11650.3 - 25423.8+8198.7))
=13918.1

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

3M India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11725.6/( ( (0 + max(0, 0)) + (4970.1 + max(5677.1, 0)) )/ 1 )
=11725.6/( ( 0 + 10647.2 )/ 1 )
=11725.6/10647.2
=110.13 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8386 + 8229.6 + 606.5) - (9255.7 + 0 + 2289.3)
=5677.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

3M India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=9375.26/369666.523
=2.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

3M India EBIT Related Terms

3M India EBIT Historical Data

* Premium members only.

The historical data trend for 3M India's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

3M India EBIT Chart

3M India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,710.21 6,144.68 7,841.43 7,845.80 9,375.30

3M India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,265.40 2,415.46 2,531.24 1,497.16 2,931.40

NSE:3MINDIA vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, 3M India's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

3M India EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, 3M India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 3M India's EV-to-EBIT falls into.


NSE:3MINDIA
87GF Score
3M India Ltd NSE:3MINDIA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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3M India EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹9,375 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹9,375 Mil mean?
3M India (NSE:3MINDIA) has a EBIT of ₹9,375 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on 3M India.
Is 3M India's EBIT too high?
3M India's current EBIT is ₹9,375 Mil. Overall, 3M India has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 3M India's EBIT compare to HON and MMM?
3M India's EBIT of ₹9,375 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Conglomerates company?
A good EBIT depends on the Conglomerates industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on 3M India. 3M India's current EBIT is ₹9,375 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3M India stock overvalued right now?
Based on GuruFocus' analysis, 3M India (NSE:3MINDIA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹37,906.43, compared to a current price of ₹33,380.00 — trading 11.9% below its estimated fair value. The current EBIT is ₹9,375 Mil. 3M India's overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For 3M India (NSE:3MINDIA), the current EBIT is ₹9,375 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is 3M India (NSE:3MINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, 3M India stock appears to be undervalued. The current stock price of ₹33,380.00 is trading 11.9% below its estimated GF Value™ of ₹37,906.43. GuruFocus considers 3M India to be Modestly Undervalued.

Key valuation signals for NSE:3MINDIA:

  • EBIT: ₹9,375 Mil
  • GF Value™: ₹37,906.43 vs. price of ₹33,380.00 (11.9% below fair value)
  • GF Score™: 87/100

No single metric tells the full story. See the NSE:3MINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

3M India Business Description

Other Exchanges 523395:India
Address 3M India Limited, 61 Saint Marks Road, 5th Floor Marksquare, Bengaluru, KA, IND, 560001
3M India Ltd is an Indian conglomerate operating in various industries. The company's operating segments are; the Safety and Industrial segment which offers solutions including personal safety products, industrial adhesives and tapes, abrasives, electrical products, and products for the automotive aftermarket. Transportation and Electronics which derives maximum revenue, consist of products for automotive and aerospace, commercial solutions, materials, and solutions for transportation safety. The Consumer business segment serves consumers with home care, office supplies and stationery, home improvement, and consumer healthcare products; and the Healthcare segment provides products and services such as medical and surgical supplies, oral care solutions and filtration.
87GF Score

Get the complete analysis for NSE:3MINDIA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹33,380.00
Price
₹37,906.43
GF Value