Alerts will be sent to your verified email
Verify Email3MINDIA
Balance sheet of 3M India is strong.
It shouldn't have solvency or liquidity issues.
The debt of 3M India is decreasing.
Latest debt of 3M India is -₹2,715.69 Crs as of Mar-24.
This is less than Mar-23 when it was -₹1,601.32 Crs.
The profit is oscillating.
The profit of 3M India is ₹555 Crs for TTM, ₹583 Crs for Mar 2024 and ₹451 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
3M India latest dividend payout ratio is 132.27% and 3yr average dividend payout ratio is 184.77%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments