The company posted an excellent set of numbers for Q4FY15, especially the operating margins which rose sequentially from 5.02% to 11.91%. Operating profit itself jumped up from Rs.23 crore in Q3 and Rs.34 crore in previous Q4 to Rs.57 crore in Q4FY15. Its FY15 net profit rose over 2.5 times to Rs.108 crore. EPS for the year was at a fantastic Rs.96 v/s Rs.37 in FY14.

The company markets about 7000 products in India. It operates in five operating business segments – (1)Industrial and Transportation business, which  include tapes, which are used in the manufacture, repair and maintenance of automotive, marine, aircraft and specialty vehicles. (2) Health Care business which includes medical and surgical supplies, medical devices, skin and wound care and infection prevention products. (3)Safety and graphics include personal protection products, brand and asset protection solutions, border control products, passive fire protection products. (4)Consumer and Office Business portfolio brands include Scotch-Brite brand, Scotch brand, Post-it and Scotchguard brand. (5) Energy which includes electronic devices, telecom networks and renewable energy.

Its performance is driven mainly by the Industrial segment, which contributed 43% to the topline, followed by safety and graphics at 25%, healthcare is at 14%, consumer at 10% and energy at 6%.

The parent company, American MNC, 3M holds 75% stake in the Indian company and as at 31^st March2015, FIIs stake is at 9.7% while that of domestic institutions is at 3.07%. Typical of MNcs, the company is almost debt free (less than Rs.200 crore debt), with reserves at Rs.688 crore.