3M India Limited
854words
3turns
0analyst exchanges
0executives
Key numbers — 25 extracted
rs,
INR 3959 crore
18.7%
INR 1046 crore
13.0%
17.5%
21.7%
15.1%
65.3%
12.9%
19.6%
11.2%
Speaking time
1
1
1
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Opening remarks
Revenues
• Strong performance in Transportation & Electronics and Health Care, both in Q4 and full year. • De-stocking in Consumer in Q4.
Margin
• Material Cost: 30bps improvement in Q4 and 50bps improvement full-year. • • Raw material & FX headwinds offset by price, mix and factory cost improvement actions. Spending discipline. Improved cost absorption.
Cash Flow
• 432 crores (excl. dividend) 31 May 2023 © 3M . All Rights Reserved. 3M Confidential. 9 Growth Focus • Automotive value chain (OEMs, tiers, after market) • Penetration growth in prioritized industrial segments • Infrastructure. • Continued focus on practices in hospital settings. • Consumer product portfolio. 31 May 2023 © 3M . All Rights Reserved. 3M Confidential. 10 INFUZE launch in partnership with INS India at the 8th INS India Annual conference Update on Health Care Business • Proposal for 3M India for continue to operate the Health Care business in India under a manufacturing and distributorship arrangement with the global company. • Board of Directors of 3M India have granted approval for the management of 3M India to commence discussions and negotiations. 31 May 2023 © 3M . All Rights Reserved. 3M Confidential. 11 Q&A 31 May 2023 © 3M . All Rights Reserved. 3M Confidential. 12
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