Indian Materials Strong Balance Sheet Stocks

Vishnu Chemicals

Market Cap: ₹39.5b

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

Patel Chem Specialities

Market Cap: ₹2.3b

Manufactures and sells cellulose-based excipients.

GSP Crop Science

Market Cap: ₹27.6b

Manufactures and supplies crop protection solutions in India and internationally.

M P K Steels (I)

Market Cap: ₹988.1m

Manufactures and sells structural steel products.

Sambhv Steel Tubes

Market Cap: ₹35.0b

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

Vidhi Specialty Food Ingredients

Market Cap: ₹15.5b

Engages in the manufacture and trading of synthetic food colors.

Maharashtra Seamless

Market Cap: ₹79.7b

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

NCL Industries

Market Cap: ₹7.9b

Manufactures and sells building materials in India.

Alkyl Amines Chemicals

Market Cap: ₹99.4b

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

Aeroflex Industries

Market Cap: ₹55.9b

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

Mayur Uniquoters

Market Cap: ₹33.8b

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

Midwest

Market Cap: ₹42.5b

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

ELANTAS Beck India

Market Cap: ₹92.3b

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

Bharat Rasayan

Market Cap: ₹23.0b

Engages in the manufacture and sale of technical grade pesticides and intermediates in India.

Usha Martin

Market Cap: ₹155.1b

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

Haryana Leather Chemicals

Market Cap: ₹302.3m

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.

Umiya Tubes

Market Cap: ₹334.8m

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

Tirupati Forge

Market Cap: ₹8.1b

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

Sunshield Chemicals

Market Cap: ₹10.9b

Manufactures and sells specialty chemicals in India and internationally.

MOIL

Market Cap: ₹57.0b

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

Indsil Hydro Power and Manganese

Market Cap: ₹1.1b

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

Ramco Industries

Market Cap: ₹32.2b

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

Gujarat State Fertilizers & Chemicals

Market Cap: ₹64.4b

Produces and sells fertilizers and chemicals in India.

Elegant Marbles and Grani Industries

Market Cap: ₹520.6m

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

Uni Abex Alloy Products

Market Cap: ₹8.7b

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

Greenpanel Industries

Market Cap: ₹22.5b

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

Kansai Nerolac Paints

Market Cap: ₹171.7b

Engages in the manufacture and supply paints, varnishes, enamels, and lacquers in India.

Polychem

Market Cap: ₹796.0m

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

Surya Roshni

Market Cap: ₹51.3b

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

SPEB Adhesives

Market Cap: ₹1.9b

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

Archean Chemical Industries

Market Cap: ₹63.4b

Manufactures and sells specialty marine chemicals in India and internationally.

Monolithisch India

Market Cap: ₹18.7b

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

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.

Berger Paints India

Market Cap: ₹623.6b

Manufactures and sells paints in India and internationally.

Shivalik Bimetal Controls

Market Cap: ₹59.8b

Operates as a process and product engineering company in India, the United States, Europe, and internationally.