Indian Materials High Return On Equity, Low Debt

Castrol India

Market Cap: ₹217.3b

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

Akzo Nobel India

Market Cap: ₹146.8b

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

Jyoti Resins and Adhesives

Market Cap: ₹16.5b

Manufactures synthetic resin and wood adhesives in India.

Owais Metal and Mineral Processing

Market Cap: ₹12.3b

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

Arrow Greentech

Market Cap: ₹9.4b

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: ₹9.3b

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

Shree Rama Multi-Tech

Market Cap: ₹6.2b

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: ₹1.3b

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

Crestchem

Market Cap: ₹551.3m

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.