3M INDIA LTD.

3M India Ltd announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a total income from operations of ₹1,434.85 Crores, a significant increase from ₹1,210.95 Crores in the same period last year. Net profit after tax stood at ₹233.07 Crores, up from ₹177.69 Crores in Q1 FY26. The company also reported an exceptional item of ₹73.13 Crores representing the net gain on the sale of land located in Pimpri, Pune. The Board of Directors approved these results on August 14, 2026. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors.

3M India's standalone Q1 FY27 (quarter ended 30 June 2026) headline needs unpacking: reported PAT of Rs 233.07 Cr, up 31.2% YoY and 8.2% QoQ, was driven almost entirely by a Rs 73.13 Cr exceptional net gain on the sale of the company's Pimpri, Pune land parcel for Rs 82 Cr total consideration (deed executed 29 June 2026). Strip that out and profit before exceptional items and tax was Rs 229.03 Cr, down -4.3% YoY and -8.0% QoQ — core profitability actually contracted even as revenue from operations grew a strong 19.0% YoY (+1.7% QoQ) to Rs 1,423.21 Cr, the company's fifth straight quarter of double-digit YoY sales growth per management. Applying the quarter's effective tax rate to the pre-exceptional PBT, adjusted PAT works out to roughly flat YoY (~-0.6%) against the clean Rs 177.69 Cr posted a year ago (that quarter had no exceptional items) — a materially different story from the +31% reported figure. The margin bridge explains the gap: EBITDA of Rs 250 Cr (management's own figure) declined -2.7% YoY and -7.3% QoQ, taking EBITDA margin to roughly 17.6% of revenue, down from ~21.5% a year ago and ~19.2% last quarter — a clear multi-quarter compression trend, though margin still sits above the cautious 14-15% range flagged in our pre-result preview. Segment data shows why: all four business segments grew revenue YoY (Health Care +23.5%, Safety & Industrial +23.0%, Transportation & Electronics +14.4%, Consumer +13.4%), but segment profit tells a different story — Transportation & Electronics profit fell -24.7% YoY to Rs 67.72 Cr even as its revenue rose, the sharpest segment-level margin hit in the print and the exact watch item our pre-result preview had flagged. Management attributes the core profitability decline primarily to Indian Rupee depreciation. Against our pre-result preview, the print beat the on-plan expectations we set out: revenue of Rs 1,423 Cr came in well ahead of the ~Rs 1,350 Cr on-plan estimate, and the 17.6% EBITDA margin cleared the 14-15% floor flagged as the key watch item, suggesting pricing actions have partly offset cost pressure. No broader analyst consensus is available beyond ICICI Securities' single-analyst coverage (BUY, Rs 35,600 target) cited in our preview, reflecting the stock's thin institutional coverage — the company also has no formal management guidance on record for this quarter. The Ahmedabad plant closure flagged pre-result (shut 24 July 2026 due to heavy rains) fully resumed operations by 11 August 2026, just ahead of this announcement, so no material production loss shows up in this quarter's numbers given the timing. Going into Q2 FY27, the two threads to track are whether Transportation & Electronics segment margins recover from this quarter's -24.7% profit decline, and whether core (pre-exceptional) PBT — down -4.3% YoY this quarter — stabilizes as the rupee-depreciation headwind management cited plays out. The August 26 AGM will also bring shareholder approval of the Rs 506/share FY26 dividend (Rs 160 final + Rs 346 special) declared in May.

3M India Ltd has announced the full resumption of manufacturing operations and production at its Ahmedabad Plant. The plant had been temporarily shut down due to heavy rains and flooding, with operations partially resuming earlier. The company has completed restoration activities, and all value streams are now operational as of August 10, 2026. While operations have returned to normal, 3M India continues to assess the overall impact of the natural calamity. The company has confirmed that all its assets are adequately insured and has informed the insurance company.

3M India Ltd has released its Annual Report for the financial year 2025-26, along with the notice for its 39th Annual General Meeting (AGM). The AGM is scheduled for August 26, 2026, and will be conducted via Video Conferencing. Electronic copies of the report and notice have been dispatched to shareholders. The report highlights the company's focus on 'Powering the Future Next' by leveraging technological advances and expertise in material and digital science to address challenges in mobility, safety, workforce dynamics, and energy. It includes detailed sections on corporate overview, business segments (Safety and Industrial, Transportation & Electronics, Consumer, Healthcare), people, environment, community impact, governance, and financial highlights.

3M India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as required by SEBI regulations. The report, which forms part of the Annual Report, details the company's corporate identity, registered and corporate addresses, and contact information for BRSR queries. It outlines the company's business activities, contributing 90% to turnover, comprising 59% 'Other Manufacturing' and 41% 'Wholesale Trading'. Products and services are categorized, with Transportation & Electronics products leading at 36% of turnover. The report also covers operational locations, market reach (36 national, 21 international locations), customer base (B2B and B2C), and employee details, including a workforce of 1,164 employees and 1,366 workers. Differently-abled representation and gender diversity on the Board of Directors (43%) are also disclosed. The reporting boundary is standalone.

3M India Ltd has announced its Annual Report for the financial year 2025-26 and the notice for its 39th Annual General Meeting (AGM). The AGM is scheduled to be held on August 26, 2026, at 10:30 AM IST via Video Conferencing. The company has completed the dispatch of electronic copies of the Annual Report and AGM notice to its members. The report highlights 3M's focus on 'Powering the Future Next' by leveraging technological advances and its expertise in material and digital science to address current challenges and envision future innovations in mobility, safety, workforce dynamics, and energy.

3M India Limited has issued a notice for its 39th Annual General Meeting (AGM) scheduled for August 26, 2026. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM) starting at 10:30 AM IST. Key agenda items include the adoption of financial statements for the fiscal year ended March 31, 2026, declaration of a total dividend of ₹506 per equity share (₹160 final + ₹346 special), re-appointment of Ms. Jung Hyun Kim as a Director, and the appointment of Messrs. Price Waterhouse & Co Chartered Accountants LLP as Statutory Auditors for a five-year term. Additionally, Ms. Kavita Nair's appointment as a Non-Executive and Independent Director, effective May 27, 2026, will be considered.

3M India Ltd has temporarily suspended manufacturing operations at its Ahmedabad plant due to heavy rainfall and flooding in the region. While water levels are receding, operations are expected to resume in a few days. The company is assessing asset damage and confirms all assets are adequately insured. 3M India does not anticipate a material impact on its overall operations due to sufficient manufacturing capacities at other locations. The company is monitoring the situation and will provide updates on the resumption of normal operations.

3M India Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026. Additionally, the board will discuss other related matters. The company has also informed that the trading window for its securities will remain closed from July 1, 2026, to August 16, 2026, inclusive, in compliance with SEBI regulations regarding insider trading.

3M India Limited's Board of Directors has approved the sale of approximately 4.13 acres of land and an 8,001 sq meter building located in Pimpri, Pune, Maharashtra, to M/s. Ranjangaon Bio Projects & Infra LLP for ₹82 crore. The sale is expected to be completed by June 29, 2026. The company stated that the land and building are not used for business operations and therefore, the sale will not impact its business. The transaction is not considered a related party transaction and does not fall under Section 180(1)(a) of the Companies Act, 2013.