Indian Materials Strong Balance Sheet Stocks

Elegant Marbles and Grani Industries

Market Cap: ₹573.3m

Manufactures and trades in marbles, granites, and other stones tiles and slabs in India.

Alkyl Amines Chemicals

Market Cap: ₹90.8b

Manufactures and supplies amines, amine derivatives, and other specialty chemicals in India and internationally.

Ramco Industries

Market Cap: ₹26.7b

Engages in the building products, textiles, and power generation businesses in India.

Bayer CropScience

Market Cap: ₹195.3b

Engages in the manufacture, sale, and distribution of insecticides, fungicides, herbicides, and various other agrochemical products and hybrid corn seeds in India, Germany, Bangladesh, and internationally.

GSP Crop Science

Market Cap: ₹20.5b

Manufactures and supplies crop protection solutions in India and internationally.

NCL Industries

Market Cap: ₹8.2b

Manufactures and sells building materials in India.

MOIL

Market Cap: ₹60.7b

Engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally.

Aeroflex Industries

Market Cap: ₹55.5b

Manufactures and sells stainless steel flexible hose and assemblies in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹14.6b

Engages in the manufacture and trading of synthetic food colors.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹64.8b

Produces and sells fertilizers and chemicals in India.

ELANTAS Beck India

Market Cap: ₹78.9b

Manufactures and sells specialty chemicals for the electrical insulation and construction industries in India.

3B Blackbio Dx

Market Cap: ₹9.6b

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

Sambhv Steel Tubes

Market Cap: ₹31.1b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

Surya Roshni

Market Cap: ₹56.2b

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India.

Haryana Leather Chemicals

Market Cap: ₹325.9m

Manufactures and sells various performance chemicals for use in leather processing, footwear finishing, textile printing, pressure sensitive adhesives, and PVC additives in India and internationally.

SPEB Adhesives

Market Cap: ₹2.2b

Manufactures and sells solvent-based and water-based synthetic rubber adhesives solutions in India and internationally.

M P K Steels (I)

Market Cap: ₹1.2b

Manufactures and sells structural steel products.

Tirupati Forge

Market Cap: ₹5.2b

Produces and sells carbon steel forged flanges, forged, and other automotive components in India.

Patel Chem Specialities

Market Cap: ₹2.1b

Manufactures and sells cellulose-based excipients.

Polychem

Market Cap: ₹767.8m

Together with its subsidiary, engages in the specialty chemicals and property development businesses in India and internationally.

Midwest

Market Cap: ₹44.6b

Engages in the exploration, exploitation, manufacturing, processing, and selling of dressed granite blocks and slabs in India and internationally.

Kansai Nerolac Paints

Market Cap: ₹170.7b

Manufactures and supplies paints, varnishes, enamels, and lacquers in India.

Indsil Hydro Power and Manganese

Market Cap: ₹1.2b

Manufactures and sells low/medium/high carbon silico manganese alloys in India and internationally.

Monolithisch India

Market Cap: ₹13.9b

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

Usha Martin

Market Cap: ₹156.2b

Manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally.

Vishnu Chemicals

Market Cap: ₹40.6b

Engages in the manufacture and sale of chromium chemicals in India.

Uni Abex Alloy Products

Market Cap: ₹8.9b

Produces and sells centrifugal and static castings, and assemblies in heat and corrosion resistant alloys in India and internationally.

Mayur Uniquoters

Market Cap: ₹31.9b

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

Archean Chemical Industries

Market Cap: ₹64.0b

Manufactures and sells specialty marine chemicals in India and internationally.

Maharashtra Seamless

Market Cap: ₹83.7b

Engages in the manufacture and sale of seamless steel pipes and tubes in India.

Sunshield Chemicals

Market Cap: ₹9.3b

Manufactures and sells specialty chemicals in India and internationally.

Umiya Tubes

Market Cap: ₹551.8m

Engages in the business of manufacturing and dealing in tungsten-based products parts and tools in India.

MFS Intercorp

Market Cap: ₹74.4m

Focuses on processing, trading, and allied steel-related activities in India.

Sharda Cropchem

Market Cap: ₹80.5b

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

Pidilite Industries

Market Cap: ₹1.5t

Engages in the manufacture and sale of various chemicals in India and internationally.

Punjab Chemicals and Crop Protection

Market Cap: ₹11.5b

Manufactures and sells agrochemicals, specialty chemicals, bulk drugs, and related intermediates in India, Europe, Japan, Israel, the United States, Latin America, and internationally.