Indian Materials Strong Balance Sheet Stocks

Kachchh Minerals

Market Cap: ₹280.0m

Engages in the extraction and processing of various types of silica sand, China clay, and mineral raw materials in India.

Agarwal Industrial

Market Cap: ₹13.9b

Manufactures and trades in petrochemicals in India and internationally.

Vikas WSP

Market Cap: ₹298.5m

Does not have significant operations.

KIOCL

Market Cap: ₹266.3b

Engages in the iron ore mining, beneficiation, and production of pellets in India and internationally.

Rajputana Industries

Market Cap: ₹1.7b

Manufactures and markets a range of non-ferrous metal products in India and internationally.

Sampat Aluminium

Market Cap: ₹881.6m

Engages in the manufacturing, processing, and trading of aluminium related products in India.

Kaira Can

Market Cap: ₹1.5b

Engages in the manufacture and sale of open top sanitary (OTS) cans, lithographed and plain metal containers, and paint containers in India and internationally.

Mitsu Chem Plast

Market Cap: ₹1.5b

Manufactures and markets plastic blow and injection molded products in India and internationally.

Cosmic CRF

Market Cap: ₹9.6b

Manufactures and supplies cold rolled stainless sections and other engineering products in India.

Heranba Industries

Market Cap: ₹12.0b

Manufactures and sells various agrochemicals in India and internationally.

Petro Carbon and Chemicals

Market Cap: ₹4.3b

Engages in manufacturing, marketing, and supply of calcined petroleum coke in India.

Andhra Petrochemicals

Market Cap: ₹4.4b

Engages in the manufacture and sale of oxo-alcohols in India.

Raw Edge Industrial Solutions

Market Cap: ₹296.3m

Manufactures and trades in minerals in India.

Saurashtra Cement

Market Cap: ₹11.9b

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

Panchmahal Steel

Market Cap: ₹5.3b

Manufactures and sells stainless steel long products in the form of wire rods, bars, and wires in India and internationally.

UPL

Market Cap: ₹547.1b

Manufactures and sells pesticides, insecticides, and micronutrients in India, Brazil, the United States, the United Kingdom, and internationally.

Abha Power and Steel

Market Cap: ₹761.2m

Engages in the casting and manufacturing of customized products in various grades of iron and steel in India.

Unilex Colours and Chemicals

Market Cap: ₹619.6m

Manufactures and sells pigment, dyes, and food colors in India.

Orient Ceratech

Market Cap: ₹4.5b

Engages in the producing and trading of aluminum refractories and monolithic products in India.

National Plastic Technologies

Market Cap: ₹1.6b

Manufactures and supplies injection moulded plastic products in India.

Deepak Chemtex

Market Cap: ₹1.4b

Engages in the manufacture and sale of colorants in India.

Valiant Organics

Market Cap: ₹9.3b

A chemical manufacturing company, manufactures and markets specialty chemicals in India and internationally.

Cochin Minerals and Rutile

Market Cap: ₹2.3b

Engages in the manufacturing, marketing, and research activities in the mineral processing sector in India.

Krishca Strapping Solutions

Market Cap: ₹2.9b

Engages in the manufacture and wholesale of strapping steel, steel seals, and strapping tools in India.

M P Agro Industries

Market Cap: ₹52.8m

Manufactures, stores, packs, distributes, transports, converts, maintains, renders, services, and selling of chemical fertilizers, heavy chemicals, and their byproducts in India.

Ideal Technoplast Industries

Market Cap: ₹1.0b

Engages in the manufacture and supply of rigid plastic packaging solutions in India.

Andhra Paper

Market Cap: ₹15.1b

Manufactures and sells paper, paperboard, and pulp in India and internationally.

Fertilisers and Chemicals Travancore

Market Cap: ₹610.0b

Manufactures and markets fertilizers and petrochemicals in India.

Mahamaya Steel Industries

Market Cap: ₹6.7b

Engages in the manufacture and sale of steel structures products in India.

Neogen Chemicals

Market Cap: ₹43.1b

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

Three M Paper Boards

Market Cap: ₹695.4m

Engages in manufacturing and sale of recycled paper-based duplex board products in India and internationally.

Vapi Enterprise

Market Cap: ₹260.1m

Does not have significant operations.

Nikita Papers

Market Cap: ₹2.8b

Manufactures and sells kraft paper for various packaging applications such as corrugated boxes, cartons, and industrial packaging solutions in India and internationally.

India Pesticides

Market Cap: ₹24.1b

Engages in the agri chemicals business in India.

Vikas Ecotech

Market Cap: ₹2.8b

Engages in the manufacture and sale of specialty additives, and rubber-plastic and polymer compounds in India.

Chemfab Alkalis

Market Cap: ₹8.6b

Together with its subsidiary, Chemfab Alkalis Karaikal Limited, manufactures and sells inorganic chemicals in India and internationally.