Indian Materials Strong Balance Sheet Stocks

Incredible Industries

Market Cap: ₹2.2b

Manufactures and sells iron and steel products in India.

Jindal Stainless

Market Cap: ₹650.5b

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

Aeroflex Enterprises

Market Cap: ₹9.5b

Manufactures and sells stainless-steel flexible hoses and assemblies in India, the Middle East, Europe, Asia, Africa, the United States, Latin and Central America, the Caribbean Islands, Australia, and North America.

Mardia Samyoung Capillary Tubes

Market Cap: ₹504.3m

Engages in the manufacture and dealing of non-ferrous metal products in India.

Garware Hi-Tech Films

Market Cap: ₹70.0b

Manufactures and sells polyester films in India and internationally.

Tatva Chintan Pharma Chem

Market Cap: ₹23.6b

Engages in the manufacture and sale of specialty chemicals in India, Germany, the United States of America, China, Singapore, and internationally.

Shree Cement

Market Cap: ₹1.0t

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

Pokarna

Market Cap: ₹24.4b

Engages in the quarrying, manufacturing, processing, and selling of granites in India, China, the United States, and internationally.

DCM Shriram

Market Cap: ₹184.4b

Engages in chemicals and vinyl, sugar, and value-added businesses in India and internationally.

Perfectpac

Market Cap: ₹666.0m

Manufactures and sells corrugated packaging in India.

Gulf Oil Lubricants India

Market Cap: ₹59.9b

Manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India.

BASF India

Market Cap: ₹195.2b

Provides chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions in India and internatinally.

Rubfila International

Market Cap: ₹4.4b

Manufactures and sells rubber threads in India, rest of Asia, Europe, Africa, and America.

Universus Photo Imagings

Market Cap: ₹2.8b

Manufactures, trades, and sells photographic and other imaging products.

Galaxy Surfactants

Market Cap: ₹77.4b

Manufactures and sells surfactants and other specialty ingredients for the personal and home care industry in India and internationally.

Lloyds Metals and Energy

Market Cap: ₹652.3b

Manufactures and sells sponge iron and iron ore in India.

Dhatre Udyog

Market Cap: ₹739.8m

Manufactures and sells iron and steel products in India.

E.I.D.- Parry (India)

Market Cap: ₹183.2b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

B & A Packaging India

Market Cap: ₹1.1b

Engages in the manufacture and sale of paper sacks and flexible laminates in India.

Continental Petroleums

Market Cap: ₹1.0b

Manufactures and sells lubricants, greases, transformer oils, fuels, and specialty and process oils for automotive and industrial applications in India.

Epigral

Market Cap: ₹71.6b

Manufactures and sells chlor-alkali and related derivatives in India and internationally.

Multibase India

Market Cap: ₹3.1b

Manufactures, trades, and sells thermoplastic elastomers and silicone-based products in India and internationally.

Pearl Polymers

Market Cap: ₹494.1m

Engages in manufacture and trading of PET bottles, jars, and containers to consumers and industries in India.

Amal

Market Cap: ₹10.6b

Engages in manufacturing and markets bulk chemicals in India.

Technopack Polymers

Market Cap: ₹218.7m

Operates as a packaging manufacturing company in India.

Nitta Gelatin India

Market Cap: ₹8.0b

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

Deepak Nitrite

Market Cap: ₹250.3b

Manufactures, trades and sells chemical intermediates in India and internationally.

Kkalpana Plastick

Market Cap: ₹173.6m

Does not have significant operations.

Ratnaveer Precision Engineering

Market Cap: ₹8.7b

Engages in the manufacture, export, and supply of stainless-steel products in India and internationally.

Andhra Sugars

Market Cap: ₹10.0b

Manufactures and sells organic and inorganic chemicals in India.

Captain Technocast

Market Cap: ₹5.3b

Manufactures and sells investment casting products in India.

PTC Industries

Market Cap: ₹228.2b

Manufactures and sells high-precision metal castings in India and internationally.

Vraj Iron and Steel

Market Cap: ₹4.9b

Engages in the manufacture and sale of sponge iron, MS billets, TMT bars and others related items under the Vraj brand primarily in India.

D.K. Enterprises Global

Market Cap: ₹560.1m

Together with its subsidiary, engages in the manufacture and sale of paper-based packing materials, self-adhesive tapes, and laminated products in India.

MSP Steel & Power

Market Cap: ₹20.6b

Manufactures and trades for the sale of iron and steel products in India and internationally.

Polyplex

Market Cap: ₹33.0b

Engages in the manufacture and sale of polymeric films in India, other Asian countries, Europe, the Americas, and internationally.