3M India Profit margin
What is the Profit margin of 3M India?
The Profit margin of 3M India Limited is 10.79%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Industrials sector on BSE compared to 3M India
What does 3M India do?
3M India Limited engages in the manufacture and trade of various products for industrial, health care, consumer, safety and graphics, and electronics and energy markets in India. The company operates in four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil and specialty industrial tapes, adhesives, and other specialty materials; functional and decorative graphics; masking tapes; and abrasion-resistant films. This segment serves original equipment manufacturer and automotive aftermarket, electronics, appliance, and roofing granules. Its Health Care segment provides medical and surgical supplies, medical devices, drug delivery systems, dental and orthodontic products, and food safety products, as well as skin and wound care, and infection prevention products and solutions. The company Transportation and Electronics segment offers personal protection products; asset protection solutions; border control products; passive fire protection for industries and commercial; track and trace products; cleaning and hygiene products for the hospitality industry; traffic safety systems; commercial graphics; architectural markets; and mobile interactive solutions. Its Consumer segment provides office supply, stationery, home care, and protective material products for consumer retail, modern trade, and other retail channels. The company also exports its products. It serves automotive, commercial solutions, consumer, design and construction, electronics, energy, health care, manufacturing, mining, oil and gas, safety, and transportation industries. 3M India Limited was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited is a subsidiary of 3M Company, USA.
Companies with profit margin similar to 3M India
- Bata India has Profit margin of 10.76%
- Loews has Profit margin of 10.77%
- Guotai Junan International has Profit margin of 10.77%
- Vistry PLC has Profit margin of 10.77%
- SKF India has Profit margin of 10.77%
- Oxford Instruments plc has Profit margin of 10.78%
- 3M India has Profit margin of 10.79%
- Zhong Hua International has Profit margin of 10.80%
- Panama Petrochem has Profit margin of 10.80%
- KNR Constructions has Profit margin of 10.80%
- IMI Plc has Profit margin of 10.81%
- Dynatrace Inc has Profit margin of 10.81%
- Compagnie Financière Richemont SA has Profit margin of 10.81%