Indian Materials Strong Balance Sheet Stocks

Foseco India

Market Cap: ₹36.9b

Manufactures and sells additives and consumables used in the metallurgical industry in India.

Shyam Metalics and Energy

Market Cap: ₹253.2b

An integrated metal-producing company, manufactures and sells long steel products and ferro alloys in India, and internationally.

Shree Steel Wire Ropes

Market Cap: ₹86.1m

Manufactures and sells steel wire ropes in India.

Chemcon Speciality Chemicals

Market Cap: ₹9.7b

Engages in the manufacture and sale of specialty chemicals for pharmaceutical, agro-chemical, textile, personal care, construction, automotive, electronics, silanes, and oilfield chemicals industries in India and internationally.

Jyoti Resins and Adhesives

Market Cap: ₹14.9b

Engages in the manufacture and sale of synthetic resin and wood adhesives in India.

TCPL Packaging

Market Cap: ₹30.2b

Manufactures and sells paperboard-based packaging materials and flexible packaging products in India.

Haryana Leather Chemicals

Market Cap: ₹373.3m

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.

Arvee Laboratories (India)

Market Cap: ₹1.8b

Manufactures and sells various specialized chemicals in India and internationally.

Shri Bajrang Alliance

Market Cap: ₹1.7b

Manufactures and sells structural steel products in India.

Vidhi Specialty Food Ingredients

Market Cap: ₹18.0b

Engages in manufacture and trading of synthetic food colors.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹14.1b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Tirupati Forge

Market Cap: ₹4.4b

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

Permanent Magnets

Market Cap: ₹8.9b

Engages in the manufacture and sale of alnico cast magnets and yoke assemblies, parts, and accessories of electricity and electric vehicles worldwide.

Apcotex Industries

Market Cap: ₹20.5b

Produces and sells synthetic emulsion polymers in India and internationally.

Remi Edelstahl Tubulars

Market Cap: ₹1.7b

Engages in manufacture and sale of stainless steel pipes and tubes in India.

Magna Electro Castings

Market Cap: ₹4.3b

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

Tainwala Chemicals and Plastics (India)

Market Cap: ₹1.9b

Engages in the manufacture and sale of extruded plastic sheets in India.

Shree Digvijay Cement

Market Cap: ₹13.2b

Together with its subsidiary, engages in the manufacture and sale of cement in India.

Bayer CropScience

Market Cap: ₹226.9b

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.

Hindcon Chemicals

Market Cap: ₹1.6b

Manufactures and sells sodium silicates and construction chemicals, and related services in India and internationally.

Umiya Tubes

Market Cap: ₹332.3m

Designs, manufactures, and sells stainless steel pipes and tubes in India.

Creative Castings

Market Cap: ₹773.5m

Engages in the manufacture and sale of machined and unmachined investment castings in India.

Paradeep Phosphates

Market Cap: ₹148.9b

Manufactures, trades, distributes, and sells urea and complex fertilizers in India.

Associated Coaters

Market Cap: ₹155.5m

Provides pre-treatment and powder coating services for aluminum extrusions in architect and real estate industries in India.

N.D. Metal Industries

Market Cap: ₹213.5m

Manufactures and trades in non-ferrous metals and alloys in India.

Prolife Industries

Market Cap: ₹540.4m

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

Jainam Ferro Alloys (I)

Market Cap: ₹2.7b

Engages manufacture and sale of ferro alloy metals in India.

Nova Agritech

Market Cap: ₹4.3b

Manufactures, distributes, and markets agricultural inputs.

Metal Coatings (India)

Market Cap: ₹503.8m

Manufactures and sells cold-rolled steel strips and hot-rolled pickled and oiled steel strips and coils in India.

Triliance Polymers

Market Cap: ₹409.2m

Engages in the manufacturing, buying, selling, indenting, trading, imports, and export of various polymers and other products in India.

Mishra Dhatu Nigam

Market Cap: ₹71.9b

Manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally.

Deep Polymers

Market Cap: ₹1.2b

Engages in the manufacture and sale of filler masterbatches in India.

Jindal Steel

Market Cap: ₹1.1t

Operates in the steel, mining, and infrastructure sectors in India and internationally.

Western India Plywoods

Market Cap: ₹1.4b

Manufactures and sells hardboard, plywood, and compreg wood products in India and internationally.

National Aluminium

Market Cap: ₹368.4b

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

Rashtriya Chemicals and Fertilizers

Market Cap: ₹79.3b

Manufactures, markets, and sells fertilizers and industrial chemicals in India.