Indian Materials Strong Balance Sheet Stocks

Maharashtra Seamless

Market Cap: ₹88.9b

Manufactures and sells seamless steel pipes and tubes in India.

Alkyl Amines Chemicals

Market Cap: ₹88.7b

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

Aeroflex Industries

Market Cap: ₹21.4b

Manufactures and sells stainless-steel corrugated flexible hoses and hose assemblies in India.

Usha Martin

Market Cap: ₹93.2b

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

Ramco Industries

Market Cap: ₹20.3b

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

Vishnu Chemicals

Market Cap: ₹28.4b

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

Bharat Rasayan

Market Cap: ₹39.8b

Manufactures and sells technical grade pesticides and intermediates in India.

3B Blackbio Dx

Market Cap: ₹14.9b

Engages in the design, development, manufacturing, and commercialization of agrochemicals and PCR based molecular diagnostic kits in India.

MOIL

Market Cap: ₹62.3b

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

Dalmia Bharat

Market Cap: ₹339.8b

Manufactures and sells clinker and cement products primarily in India.

Suraj

Market Cap: ₹7.0b

Manufactures and sells stainless steel seamless pipes, tubes, U tubes, flanges, and fittings in India.

Elegant Marbles and Grani Industries

Market Cap: ₹719.1m

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

Mayur Uniquoters

Market Cap: ₹19.9b

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

Indigo Paints

Market Cap: ₹47.0b

Engages in the manufacture and sale of decorative paints in India and internationally.

Haryana Leather Chemicals

Market Cap: ₹358.3m

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.

Maan Aluminium

Market Cap: ₹4.4b

Engages in the manufacturing and trading of aluminum profiles, ingots, billets, and other related products in India.

Ruchira Papers

Market Cap: ₹3.6b

Manufactures and markets kraft paper, and writing and printing paper products in India and internationally.

NCL Industries

Market Cap: ₹8.8b

Manufactures and sells building materials in India.

Archean Chemical Industries

Market Cap: ₹74.2b

Manufactures and sells specialty marine chemicals in India and internationally.

Surya Roshni

Market Cap: ₹53.7b

Manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India.

Laxmi Organic Industries

Market Cap: ₹47.3b

Provides acetyl and specialty intermediate products in India and internationally.

TCM

Market Cap: ₹285.7m

Engages in the generation of power using solar energy worldwide.

Prolife Industries

Market Cap: ₹878.2m

Manufactures and sells naphthalene-based intermediates for dyes, pigments, pharmaceuticals, agrochemicals, and others in India and internationally.

Nitin Castings

Market Cap: ₹3.3b

Manufactures, sells, and exports alloy steel castings in India and internationally.

Gallantt Ispat

Market Cap: ₹102.5b

Engages in manufacture and sale of iron and steel products in India.

Magna Electro Castings

Market Cap: ₹3.8b

Engages in the manufacture and sale of cast iron components in India and internationally.

Insecticides (India)

Market Cap: ₹18.1b

Engages in the manufacture and sale of agro chemicals and pesticides products for agriculture purposes in India and internationally.

Greenpanel Industries

Market Cap: ₹27.9b

Engages in the manufacturing, marketing, and sale of plywood, medium density fibre board (MDF), and allied products in India and internationally.

Uni Abex Alloy Products

Market Cap: ₹5.1b

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

Indsil Hydro Power and Manganese

Market Cap: ₹1.1b

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

Vidhi Specialty Food Ingredients

Market Cap: ₹20.6b

Engages in manufacture and trading of synthetic food colors.

Supreme Industries

Market Cap: ₹402.5b

Engages in the manufacture and sale of plastic products in India.

ELANTAS Beck India

Market Cap: ₹78.9b

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

National Aluminium

Market Cap: ₹263.0b

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

Sundaram Multi Pap

Market Cap: ₹980.9m

Designs, manufactures, and markets paper stationery products for students in India.

Excel Industries

Market Cap: ₹13.0b

Engages in manufactures and sells chemicals, and environmental and biotech products and services in India and internationally.