Indian Materials High Return On Equity, Low Debt

National Aluminium

Market Cap: ₹651.4b

Engages in the manufacture and sale of alumina and aluminum products in India and internationally.

Castrol India

Market Cap: ₹183.2b

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

Zuari Agro Chemicals

Market Cap: ₹10.1b

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

Shree Rama Multi-Tech

Market Cap: ₹8.1b

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

Owais Metal and Mineral Processing

Market Cap: ₹4.4b

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

Hindustan Organic Chemicals

Market Cap: ₹2.1b

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

Snehaa Organics

Market Cap: ₹493.7m

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

Shri Kanha Stainless

Market Cap: ₹433.2m

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

Sundrex Oil

Market Cap: ₹365.0m

Sundrex, legally known as Sundrex Oil Co.

Manas Polymers and Energies

Market Cap: ₹292.3m

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

Aviva Industries

Market Cap: ₹84.0m

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.