Indian Materials High Return On Equity, Low Debt

Castrol India

Market Cap: ₹216.3b

Manufactures and markets automotive and industrial lubricants in India and internationally.

Akzo Nobel India

Market Cap: ₹171.3b

Manufactures, distributes, and sells paints and coatings in India and internationally.

Jyoti Resins and Adhesives

Market Cap: ₹16.4b

Manufactures synthetic resin and wood adhesives in India.

Amal

Market Cap: ₹12.1b

Manufactures and markets bulk chemicals in India.

Arrow Greentech

Market Cap: ₹11.3b

Engages in the manufacture and sale of water-soluble films, and bio-compostable and other green products in India and internationally.

Tuticorin Alkali Chemicals and Fertilizers

Market Cap: ₹9.6b

Engages in the manufacturing and selling soda ash and ammonium chloride fertilizer in India.

Owais Metal and Mineral Processing

Market Cap: ₹9.1b

Manufactures, processes, and sells various metals and minerals in India.

Monolithisch India

Market Cap: ₹8.8b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Shree Rama Multi-Tech

Market Cap: ₹5.4b

Manufactures and sells packaging products in India, Europe, Asia, Africa, North America, and South West America.

Hindustan Organic Chemicals

Market Cap: ₹2.4b

Manufactures and sells bulk industrial chemicals and chemical intermediates in India.

Indsil Hydro Power and Manganese

Market Cap: ₹1.7b

Manufactures and sells ferro chrome, ferro silicon, and low/medium/high carbon silico manganese alloys in India and internationally.

Jainik Power Cables

Market Cap: ₹1.4b

Produces and sells aluminum wire rods to commercial grade and electrical conductivity in India.

Swastika Castal

Market Cap: ₹545.5m

Swastika Castal Ltd engages in the business of manufacturing aluminum casting products.

Crestchem

Market Cap: ₹467.9m

Engages in the manufacture, marketing, and export of nutrition-chemical products in India.

Hindusthan Udyog

Market Cap: ₹20.5m

Manufactures and sells alloy and stainless-steel castings in India.