Pauli, tunic is an older model with white piping for infantry, in this case the 3rd company of the 118th infantry regiment..Germans never designated their tunics M-**, this is modern collector nomenclature to distinguish the various models..

I believe the M stands for a depot issued tunic at Munich 1938?

The breast adler has been replaced at some point with an officer quality hand embroidered eagle..you can see the shadow of the original one above and to the left of the current bird..