3MINDIA
OVERVALUED3M India Limited
Capital Goods · NSE
↓ 607.3% vs fair value
52W Low
₹27,830
+19.2% from low
52W High
₹38,030
-12.7% from high
Valuation Gauge
Current Price
₹33,185
Fair Value
₹4,692
Fair Value Analysis
₹4,692
Based on balance sheet strength analysis and earnings growth potential for Capital Goods sector companies | Sector-expensive: P/E at 79th percentile vs sector peers. | ROCE improving (latest 35.1%) — capital allocation becoming more efficient. | COVID-resilient: PAT dropped from ₹366Cr (FY2019) to ₹162Cr (FY2021) during COVID but has fully recovered.
Balance Sheet Value
71% weight
Growth Valuation
29% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 24.8% is above the Capital Goods sector benchmark of 15% — strong returns
Debt & Leverage
D/E ratio of 0.1x is well within the Capital Goods sector norm of 2.0x — strong balance sheet
Valuation vs Peers
P/E of 66.1x trades at a 41% discount to Capital Goods sector median (112x) — attractively valued
Cash Flow
FCF margin of 6.7% — healthy cash generation (₹300 Cr)
Earnings Growth
5yr EPS CAGR of 20.5% is well below Capital Goods sector average of 42.2%
Dividend
Dividend yield of 0.5% provides moderate shareholder returns
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
1.1%
Free cash flow / market cap
Revenue Growth (YoY)
+3.8%
Year-on-year revenue change
Profit Growth (YoY)
+10.1%
Year-on-year PAT change
Operating Cash Flow
₹643 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹473.5
P/E Ratio
66.1x
P/B Ratio
16.4x
ROE
24.8%
ROCE
39.8%
Debt / Equity
0.06x
Beta
0.3
Div Yield
0.5%
FCF (Cr)
₹300 Cr
Revenue (Cr)
₹4,443 Cr
EPS Growth 5Y
20.5%
Mkt Cap (Cr)
₹35,198 Cr
52W High
₹38,030
52W Low
₹27,830
Book Value/Share
₹1,907.8
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹4.2K Cr | ₹791 Cr | 19.0% | ₹611 Cr | ₹542.69 |
| 2024-03-31 | ₹4.2K Cr | ₹759 Cr | 18.0% | ₹583 Cr | ₹517.90 |
| 2023-03-31 | ₹4.0K Cr | ₹604 Cr | 15.0% | ₹451 Cr | ₹400.37 |
| 2022-03-31 | ₹3.3K Cr | ₹389 Cr | 12.0% | ₹272 Cr | ₹241.43 |
| 2021-03-31 | ₹2.6K Cr | ₹259 Cr | 10.0% | ₹162 Cr | ₹144.14 |
| 2020-03-31 | ₹3.0K Cr | ₹450 Cr | 15.0% | ₹322 Cr | ₹285.99 |
| 2019-03-31 | ₹3.0K Cr | ₹536 Cr | 18.0% | ₹366 Cr | ₹325.06 |
| 2018-03-31 | ₹2.7K Cr | ₹499 Cr | 18.0% | ₹333 Cr | ₹295.91 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Capital Goods| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Electrosteel Castings Limited | ₹78.2 | ₹228.8 | +65.8% | 16.1 | 13.2% | UNDERVALUED |
Vesuvius India Limited | ₹466 | ₹1,325.9 | +64.8% | 37.2 | 17.1% | UNDERVALUED |
Power Finance Corporation | ₹430.4 | ₹824.5 | +47.8% | 5.7 | 20.5% | FAIRLY_VALUED |
REC | ₹336.9 | ₹618.3 | +45.5% | 5.6 | 20.0% | FAIRLY_VALUED |
Surya Roshni Limited | ₹245.1 | ₹381.4 | +35.7% | 16.6 | 12.8% | FAIRLY_VALUED |
Shakti Pumps (India) Limited | ₹504.1 | ₹695.5 | +27.5% | 24.2 | 18.0% | UNDERVALUED |
AGI Greenpac Limited | ₹578.6 | ₹663.1 | +12.8% | 10.7 | 15.6% | FAIRLY_VALUED |
Elecon Engineering | ₹534 | ₹544.2 | +1.9% | 31.9 | 15.8% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Share this Stock
Download card · Share on WhatsApp
Share on WhatsApp, Twitter, or any group — each share brings new users to Veritas Quant