Financial Performance (FY 2025-26)

  • Sales: INR 5,090 crores, representing 14.5% growth over FY 2024-25
  • PBT Before Exceptional Items: INR 960 crores (18.7% of sales), showing a 1.6 percentage point improvement YoY
  • PBT After Exceptional Items: INR 894 crores (17.4% of sales), showing a 0.3 percentage point improvement YoY
  • PAT: INR 522 crores (10.2% of sales), showing a 0.4 percentage point decline YoY
  • PAT (excluding APA/VSV): INR 662 crores (12.9% of sales), showing a 0.2 percentage point improvement YoY
  • Cash Generation: INR 483 crores (pre-dividend)
  • EPS: INR 463.66 per share, representing 9.7% growth over prior year
  • APA CY: INR 139 crores
  • VsV PY: INR 99 crores

Business Group Performance (FY 2025-26)

The company operates through four business groups with the following performance:

1. Solving tough customer challenges to advance a connected world: INR 1,846 crores (36% sales mix), +10.1% growth

2. Enabling better, smarter, safer healthcare: INR 1,017 crores (20% sales mix), +17.5% growth

3. Transforming how work gets done: INR 1,640 crores (32% sales mix), +16.0% growth

4. Bringing 3M to the hearts and minds of consumers: INR 537 crores (11% sales mix), +15.6% growth

Company Infrastructure and Operations

  • Incorporation: 1987, publicly listed since 1991
  • Headcount: Approximately 1,273 employees
  • Manufacturing Facilities: 3 locations
  • R&D Center: 1 location
  • Customer Technical Centers: 2 locations (Bangalore and Delhi)
  • Headquarters: Bangalore

Growth Strategies

Local R&D Capability

  • Development of For-India new products for priority markets
  • Leveraging global new product introductions (NPIs) for India
  • FY25-26 Metrics: 173 patents filed, 5,150 Customer Technical Center visitors

Local Supply Chain

  • Strengthening outsourcing/contract manufacturing
  • Capacity expansion and new manufacturing lines for selected product portfolios

Talent & Organization

  • Cultivating culture of bold aspiration, speed and performance
  • Building capability and depth across the company

Commercial Excellence Initiatives

  • Sales Excellence: Body shop penetration, growth with converters
  • Specifications Excellence: Materials spec-in in new automotive models (e.g., acoustic panels)
  • Category Penetration: With localized portfolio including finishing solutions for knee joints, airport interiors (films, matting) and exteriors (graphics)
  • Energy Projects: 3M cable accessories and touchproof terminations in solar & wind power projects

Manufacturing Capabilities

Key products and capabilities across manufacturing facilities:

  • Acoustic materials, ear plugs cording, various coating, mixing and converting
  • Materials for pipe coating, certain bottling & kitting
  • Tape coating, non-wovens, emission control materials, heat shrink technology, respirator manufacturing, various mixing, filling, converting

External Recognition and Awards

  • Maruti Suzuki: Overall performance award for year 2025
  • Toyota Kirloskar Motors: Zero PPM award for defect-free supplies for entire FY 2024 (6th consecutive award since 2019)
  • BSES Delhi: Innovation Partner of the Year award
  • Tata Motors: Atmanirbhar Excellence Award for successful localization of "absorber" in India
  • Pune Zilla Parishad: CSR Champions of Change Award in Environmental Protection and Conservation category for water management and solar electrification in Shirur taluka
  • Businessworld: Recognized among Top 40 Most Sustainable Companies based on FY 24-25 BRSR disclosures

Board of Directors (as of May 27, 2026)

  • M D Ranganath (Chairman, Non-Executive Independent Director)
  • Aseem Joshi (Managing Director)
  • N V Sivakumar (Non-Executive Independent Director)
  • Kavita Nair (Non-Executive Independent Director w.e.f May 27, 2026)
  • Jayanand Kaginalkar (Executive Director)
  • Tabby Kim (Non-Executive Director)
  • Elizabeth Kong (Non-Executive Director)

Board Changes

  • Radhika Rajan completed her term as Chairperson and Independent Director on May 26, 2026
  • Ramesh Ramadurai retired as Managing Director on March 31, 2026
  • Kavita Nair appointed as Independent Director effective May 27, 2026

Additional Information

  • The company emphasized continued support from 3M Company to all aspects of their business
  • Appreciation expressed for 3M India team's efforts and commitment towards delivery of results

#Tags: #3MIndia #FY26Results #InvestorMeeting #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral