3M India Limited operates in the Abrasive products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares 3M India Limited with three other
miscellaneous construction product manufacturers in Asia:
Fujimi Inc
of Japan
(2019
sales of 37.39 billion Japanese Yen [US$343.65 million]
),
Grindwell Norton Limited
(15.98 billion Indian Rupees [US$223.57 million]
of which 61%
was Abrasives), and
Carborundum Universal Limited
(26.89 billion Indian Rupees [US$376.18 million]
of which 42%
was Abrasives).
Sales Analysis.
3M India Limited reported sales of 30.17 billion Indian Rupees (US$422.05 million)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 18.0%
versus 2018, when the company's sales were 25.56 billion Indian Rupees.
Sales at 3M India Limited have increased during each of the previous five years
(and since 2014, sales have increased a total of 73%).
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
89.2% in 2019, from
162.79 million Indian Rupees to 308.08 million Indian Rupees.