Indian Materials High Return On Equity, Low Debt

Zuari Agro Chemicals

Market Cap: ₹10.2b

Engages in manufacturing, trading, and marketing of chemical fertilizers and fertilizer products in India.

Tembo Global Industries

Market Cap: ₹6.7b

Engages in jobbing, machining, manufacturing, and fabrication of engineering goods, steel products, nuts, bolts, clamps, and hangers in India and internationally.

Shree Rama Multi-Tech

Market Cap: ₹6.7b

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

Owais Metal and Mineral Processing

Market Cap: ₹3.4b

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

Hindustan Organic Chemicals

Market Cap: ₹2.3b

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

Palco Metals

Market Cap: ₹612.0m

Through its subsidiary, Palco Recycle Industries Limited, engages in the manufacture and sale of aluminum wire and deoxident in India.

Snehaa Organics

Market Cap: ₹465.7m

Engages in handling, purification, and recycling of solvents in India.

Sundrex Oil

Market Cap: ₹436.7m

Manufactures and wholesales lubricants, greases, and industrial products in India and Internationally.

Shri Kanha Stainless

Market Cap: ₹402.8m

Engages in the manufacturing of precision stainless steel cold rolled strips in India.

Manas Polymers and Energies

Market Cap: ₹222.7m

Manufactures and supplies polyethylene terephthalate (PET) products for the food and beverage industry in India.

Aviva Industries

Market Cap: ₹95.4m

Manufactures and trades in glass and glass mosaic products in India.

Hindusthan Udyog

Market Cap: ₹20.5m

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