3M INDIA LTD

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BSE Code: 523395       NSE Code: 3MINDIA

Business Profile
Business Profile
3M India (3MINDIA), a subsidiary of Minnesota Mining and Manufacturing Company (USA), is a diversified technology company. It was established in 1988 as Birla 3M and the name was subsequently changed to 3M India in December 2002.

The company has over 2,000 diverse products and 40-plus core technologies and leadership in major markets. It offers products in areas like displays and graphics including flat-panel computer monitors, cellular phones, PDAs, and LCD televisions; solutions in electronics, electrical, communications, healthcare, manufacturing and other industries; office stationary products like pads, flags, and post-it products; safety solutions; and high-quality abrasives, tapes, films, adhesives, and specialty materials for the manufacture, repair, and maintenance of autos, boats, aircraft and other vehicles. The company has well known brands like Scotch, Post-it, Scotch-Brite, Scotchgard, Vikuiti, Command, Nexcare, Thinsulate and Filtrete.

The manufacturing facilities of the company are located in Bangalore and Ahmedabad. It is investing approximately INR 500 million to set up a new manufacturing facility at the Pune MIDC, Maharashtra. The company has acquired the business of Autostriping India which develops and produces graphics for two wheelers. It plans to support product application development and localize products in areas of corrosion protection, automotive aftermarkets, abrasives, plastic and rubber processing polymers. The 3M technology solutions find wide use in markets that include aerospace, railways, highways, oil and gas, defense, security, mining, health, marine and telecom.

The registered office of the company is located at Plot No. 48-51, Electronics City, Hosur Road, Bangalore-561229.

Financials
3M India registered a 59.37% growth in net profit to Rs 187.96 million for the quarter ended September 2007 from a profit of Rs 117.94 million for the quarter ended September 2006.
Net sales rose 25.26% to Rs 1,587.11 million for the quarter ended September 2007 from Rs 1,267.05 million for the quarter ended September 2006.
Total income rose 25.20% to Rs 1,602.333 million for the quarter ended September 2007 from Rs 1,279.83 million for the quarter ended September 2006.
The earnings per share (EPS) of the company stood at Rs 16.69 for the quarter ended September 2007.

Other Information
Annual Reports for 3M INDIA LTD
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2019-20
2018-19
2017-18
2016-17
2015-16
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1996-97

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