Indian Materials Strong Past Earnings Growth, P/E Ratio Below 20

Steel Authority of India

Market Cap: ₹730.0b

A steel-making company, manufactures and sells iron and steel products in India and internationally.

Jindal Stainless

Market Cap: ₹603.5b

Manufactures and sells stainless-steel flat products in India and internationally.

Sarda Energy & Minerals

Market Cap: ₹176.5b

Produces and sells steel products in India and internationally.

Sandur Manganese & Iron Ores

Market Cap: ₹104.1b

Together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Ballari District, Karnataka.

KAMA Holdings

Market Cap: ₹80.9b

Engages in the technical textiles, chemicals and polymers, aluminium foils, and packaging film businesses.

Indian Metals and Ferro Alloys

Market Cap: ₹80.4b

Engages in the production and sale of ferro chrome in India and internationally.

Sharda Cropchem

Market Cap: ₹74.2b

A crop protection chemical company, provides various formulations and generic active ingredients worldwide.

Ashapura Minechem

Market Cap: ₹69.6b

Ashapura Minechem Limited is involved in the mining, manufacturing, and trading of various minerals and its derivative products in India and internationally.

Birla

Market Cap: ₹69.5b

Manufactures and sells cement and clinker in India and internationally.

Rallis India

Market Cap: ₹41.8b

Manufactures and markets agri input products in India and internationally.

Mayur Uniquoters

Market Cap: ₹33.7b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

KCP

Market Cap: ₹19.5b

Engages in cement, heavy engineering, power generation, and hospitality businesses in India.

I G Petrochemicals

Market Cap: ₹15.5b

Manufactures and sells chemical products in India and internationally.

Nitta Gelatin India

Market Cap: ₹15.4b

Engages in the manufacture and sale of gelatin, ossein, dicalcium phosphate (DCP), and collagen peptides in India and internationally.

Southern Petrochemical Industries

Market Cap: ₹14.0b

Engages in the manufacture and sale of fertilizers in India and internationally.

Everest Kanto Cylinder

Market Cap: ₹12.5b

Manufactures and sells gas cylinders in India.

Hariom Pipe Industries

Market Cap: ₹12.3b

Manufactures and sells iron and steel products in India.

TGV SRAAC

Market Cap: ₹11.5b

Engages in the manufacture and sale of chlor-alkali chemicals, chloromethane, castor oil derivatives, and fatty acids in India and internationally.

3B Blackbio Dx

Market Cap: ₹10.3b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Kamdhenu

Market Cap: ₹9.9b

Manufactures, markets, and distributes thermo mechanical treatment (TMT) bars, structural steel, and allied products under the Kamdhenu brand name in India.

Indo Amines

Market Cap: ₹9.7b

Engages in the manufacture, distribution, and sale of fine, performance, and specialty chemicals in India and internationally.

Empire Industries

Market Cap: ₹6.5b

Engages in manufacturing and selling of container glass, trading in frozen food, and indenting and property development businesses in India and internationally.

Chembond Chemicals

Market Cap: ₹6.2b

Engages in the manufacture, trading, and provision of services for specialty chemicals products in India.

Nahar Poly Films

Market Cap: ₹5.9b

Manufactures and sells bi-axially oriented polypropylene films in India and internationally.

POCL Enterprises

Market Cap: ₹5.2b

Manufactures and trades in lead and zinc-based products, metallic oxides, and plastic additives in India and internationally.

Plastiblends India

Market Cap: ₹5.1b

Engages in the manufacture and sale of masterbatches in India and internationally.

Indogulf Cropsciences

Market Cap: ₹4.7b

Manufactures and sells crop protection products, plant nutrients, and biological products to retail and institutional customers in India and internationally.

Aries Agro

Market Cap: ₹4.4b

Engages in the manufacture and supply of micronutrients and other nutritional products for plants and animals.

Simplex Castings

Market Cap: ₹4.1b

Engages in the manufacture and sale of castings and equipment worldwide.

Scan Steels

Market Cap: ₹3.9b

Manufactures and sells steel products in India.

Sahyadri Industries

Market Cap: ₹3.5b

Engages in the production and sale of cement sheets and accessories, trading of steel doors, and generation of wind power electricity in India.

Alufluoride

Market Cap: ₹3.4b

Manufactures and sells aluminum fluoride and related products for aluminum smelters in India.

Dynemic Products

Market Cap: ₹3.3b

Engages in the manufacture and sale of dyes and dye intermediates in India.

RDB Rasayans

Market Cap: ₹2.9b

Manufactures and sells polymer-based woven bags and flexible intermediate bulk container jumbo bags in India.

India Gelatine & Chemicals

Market Cap: ₹2.7b

Engages in the manufacture and sale of chemical products in India, the Far East, Europe, and internationally.

VMS TMT

Market Cap: ₹2.2b

Manufactures and sells thermo-mechanically treated high-strength reinforcement steel bars in India.