Radar Companies Building Materials · India
Radar · Building Materials in India

Best Building Materials Companies in India

The 1322 best Building Materials companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: JSW Cement.

1322companies tracked
$1.4Bdisclosed funding
3unicorns
52have raised

When you're mapping the best Building Materials companies in India by disclosed equity funding and recent momentum, the numbers do the talking fast. Across 1,322 tracked companies, total disclosed funding sits at $1.4B, with three unicorns in the mix. Epack leads the funded tier at $62M raised, followed by Knest at $35M and Marudhar Stones at $18M. But funding is only one frame. The sector's real weight lives in revenues: 1,749 filers generate a combined $69.6B in sales, with a median company revenue of $4M and a modest 2% YoY growth rate that tells you this is a scale game, not a sprint. Ultratech Cement alone prints $8.9B in revenue at +7% YoY, and its $704M net income runs 7,922 times the sector median. Ambuja Cements follows at $4.1B revenue and $601M net income. Those aren't outliers you round away.

So what's actually moving? App-layer data shows median install growth of roughly +20% YoY across building materials and property platforms, a quiet signal that India's building materials hiring surge is pulling digital tooling along with it. Hot product themes right now cluster around portland cement, concrete additives, and concrete mix. And if you want a read on where the next disruption lands, researchers are already working on living building material that grows and self-heals, which I'd watch closely. The directory rankings below weight disclosed funding and momentum, not just brand size.

Sources & further reading
  • Pricing change, scale, M&As in the mix. Stay invested in ACC, Ambuja
  • JSW Cement IPO closes with 7.77 times subscription
  • Adani Group's Cement Business Contributes To 30% Of India's Homes: Ambuja Cement
FLIAR INTELLIGENCE · BUILDING MATERIALS × INDIA

Our analysis of 50 Building Materials companies

$1.4b in tracked funding; 64% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.

50companies analysed
64%cloud-native stacks
2022funding peak (by rounds)
3unicorns
1996median founding year
1.5Mcombined LinkedIn audience
50%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best Building Materials companies in India

#CompanyRevenueDisclosed fundingRevenue YoYEmployeesFoundedFounderMarket signals (1y)Recent signals
1Ambuja Cements
Manufacturer of cement and other building materials
57Market top 25%Moat top 26%Fin. health top 34%Product top 36%
All 11 signals ▾
Markettop 25%
Moattop 26%
Fin. healthtop 34%
Producttop 36%
Techtop 37%
Newstop 41%
Partnerstop 49%
Talentbottom 49%
Growthbottom 44%
Globalbottom 37%
Fundingbottom 32%
Market: 3,148 employees (top 11% of Building Materials) · Revenue ~$4.5B
Moat: Top 1% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 57/100
$4.5B
FY2025
$1M+10%3,1481983Narotam Sekhsaria
Co-Founder
83 signals ▼53%
Earnings · M&A · Lawsuit
1 partnership
2Wonder Cement 🦄
Manufacturer of cement materials
76Market top 23%Fin. health top 30%Moat top 30%Partners top 33%
All 11 signals ▾
Markettop 23%
Fin. healthtop 30%
Moattop 30%
Partnerstop 33%
Techtop 35%
Talenttop 38%
Producttop 41%
Newstop 49%
Growthbottom 48%
Fundingbottom 47%
Globalbottom 30%
Market: 1,703 employees (top 21% of Building Materials) · Revenue ~$891M
Fin. health: Revenue ~$891M (FY2018) · Net margin 5.9%
rank vs industry peers · Fliar Intelligence Index 76/100
$891M
FY2025
$24M+5%1,703
1,703 → 2,996 (+76%) · sector median +24%
2007Suresh Patni
Managing Director
1 partnership · 1 award
3Prism Johnson
Manufacturer and supplier of building materials
48Product top 28%Moat top 28%Market top 31%Fin. health top 38%
All 10 signals ▾
Producttop 28%
Moattop 28%
Markettop 31%
Fin. healthtop 38%
Talenttop 38%
Newsbottom 46%
Fundingbottom 40%
Growthbottom 40%
Techbottom 33%
Globalbottom 30%
Product: 1 published app (30.0k installs) · Company stage: Public
Moat: Top 1% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 48/100
$880M
FY2025
$5M1,9451992Vivek Agnihotri
CEO
7 signals ▼65%
Earnings · Acquisition
4Shyam Steel
Manufacturer and supplier of steel products
72Innovation top 20%Moat top 20%Customers top 21%Market top 28%
All 12 signals ▾
Innovationtop 20%
Moattop 20%
Customerstop 21%
Markettop 28%
Producttop 36%
Techtop 39%
Growthtop 42%
Fin. healthtop 42%
Fundingbottom 47%
Talentbottom 45%
Globalbottom 32%
Newsbottom 24%
Innovation: 7 product lines
Moat: Top 4% by revenue among 372 tracked Metals and Alloys companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 72/100
$847M
FY2025
$19M+9%6,3651953Suket Beriwal
Owner
5Jai Balaji Group
Manufacturer of raw iron and processed steel products
62Product top 14%Innovation top 20%Funding top 28%Moat top 31%
All 11 signals ▾
Producttop 14%
Innovationtop 20%
Fundingtop 28%
Moattop 31%
Markettop 34%
Talenttop 45%
Fin. healthtop 46%
Growthbottom 39%
Techbottom 39%
Globalbottom 39%
Newsbottom 27%
Product: 8 distinct product lines · Company stage: Public
Innovation: 8 product lines
rank vs industry peers · Fliar Intelligence Index 62/100
$759M
FY2025
$112M-3%666
666 → 1,449 (+118%) · sector median +24%
1999Aditya Jajodia
Chairman & Managing Director
1 award
6JSW Cement 🦄
Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete
78Innovation top 20%Funding top 20%News top 21%Moat top 24%
All 12 signals ▾
Innovationtop 20%
Fundingtop 20%
Newstop 21%
Moattop 24%
Markettop 27%
Fin. healthtop 32%
Partnerstop 33%
Producttop 34%
Talenttop 38%
Growthtop 50%
Techbottom 46%
Globalbottom 39%
Innovation: 4 product lines
Funding: Raised $193M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
rank vs industry peers · Fliar Intelligence Index 78/100
$700M
FY2025
$193M-3%1,388
1,388 → 2,887 (+108%) · sector median +24%
2009Nilesh Narwekar
CEO
66 signals ▲371%
IPO · Earnings · Announcements
7Shankara
Supplier of construction materials, tiles, and wooden flooring products
69Product top 14%Moat top 26%Fin. health top 31%Market top 34%
All 10 signals ▾
Producttop 14%
Moattop 26%
Fin. healthtop 31%
Markettop 34%
Fundingtop 35%
Techtop 35%
Innovationtop 36%
Growthbottom 49%
Globalbottom 32%
Newsbottom 22%
Product: 9 distinct product lines · Company stage: Public
Moat: Top 1% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 5/10
rank vs industry peers · Fliar Intelligence Index 69/100
$674M
FY2025
$12M+18%9701995
8Somany Ceramics
Manufacturer of ceramic tiles
67Talent top 28%Market top 29%Moat top 29%Tech top 34%
All 10 signals ▾
Talenttop 28%
Markettop 29%
Moattop 29%
Techtop 34%
Producttop 35%
Fin. healthtop 36%
Fundingtop 42%
Newstop 49%
Growthbottom 44%
Globalbottom 37%
Talent: Analyst team rating 4/5 · 3 named leaders on record
Market: 1,963 employees (top 18% of Building Materials) · Revenue ~$316M
rank vs industry peers · Fliar Intelligence Index 67/100
$316M
FY2025
$8M+3%1,963
1,963 → 2,249 (+15%) · sector median +24%
1969Abhishek Somany
Managing Director & CEO
6 signals ▼73%
Earnings · Announcements · M&A
1 expansion · 1 award
9Gold Plus
Manufacturer of glass products
64Moat top 27%Funding top 29%Product top 29%Innovation top 30%
All 11 signals ▾
Moattop 27%
Fundingtop 29%
Producttop 29%
Innovationtop 30%
Talenttop 34%
Markettop 40%
Growthtop 41%
Fin. healthtop 45%
Techbottom 42%
Globalbottom 32%
Newsbottom 21%
Moat: Top 2% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 4/10
Funding: Raised $146M across 6 rounds · 6 rounds over 18 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 64/100
$297M
FY2025
$146M+38%1901985Subhash Tyagi
Co-CEO
4 job openings
10SRMB Steel
Manufacturer of TMT bars and structural construction materials
78Fin. health top 26%Tech top 29%Moat top 29%Market top 30%
All 10 signals ▾
Fin. healthtop 26%
Techtop 29%
Moattop 29%
Markettop 30%
Innovationtop 35%
Growthtop 45%
Producttop 45%
Fundingtop 50%
Talentbottom 49%
Globalbottom 30%
Fin. health: Revenue ~$291M (FY2024) · Net margin 4.2%
Tech: 37 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel
rank vs industry peers · Fliar Intelligence Index 78/100
$291M
FY2025
$15M7501951Brij Beriwala
Co-Founder
11Sagar Cements
Producer of cement
72Product top 14%Innovation top 20%Market top 26%Funding top 29%
All 11 signals ▾
Producttop 14%
Innovationtop 20%
Markettop 26%
Fundingtop 29%
Fin. healthtop 39%
Newstop 42%
Talentbottom 49%
Globalbottom 45%
Growthbottom 40%
Techbottom 36%
Partnersbottom 35%
Product: 6 distinct product lines · Company stage: Public
Innovation: 6 product lines
rank vs industry peers · Fliar Intelligence Index 72/100
$270M
FY2025
$73M-11%2,6031985Sammidi Reddy
CEO & MD
14 signals ▲17%
Earnings · Capital raise · Contracts
12CERA
Provider of sanitary-ware products
69Product top 17%Innovation top 20%Moat top 27%Market top 29%
All 12 signals ▾
Producttop 17%
Innovationtop 20%
Moattop 27%
Markettop 29%
Fin. healthtop 34%
Talenttop 38%
Fundingtop 39%
Customerstop 46%
Techtop 50%
Newsbottom 47%
Growthbottom 40%
Globalbottom 39%
Product: 5 distinct product lines · 4 published apps (331k installs)
Innovation: 5 product lines
rank vs industry peers · Fliar Intelligence Index 69/100
$235M
FY2025
$11M+2%2,514
2,514 → 1,716 (-32%) · sector median +24%
1980Vikram Somany
Founder & Managing Director
8 signals ▼50%
Earnings · Announcements
13Aparna Venster
Manufacturer & supplier of windows and doors
60Innovation top 20%Moat top 30%Product top 36%Tech top 38%
All 10 signals ▾
Innovationtop 20%
Moattop 30%
Producttop 36%
Techtop 38%
Fin. healthtop 43%
Marketbottom 49%
Growthbottom 48%
Talentbottom 45%
Fundingbottom 42%
Globalbottom 25%
Innovation: 5 product lines
Moat: Top 3% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 60/100
$197M
FY2025
$3M+6%182008Mahesh Choudhary
CEO
14Simpolo
Manufacturer of ceramic products, marble stone, and concrete products
67Innovation top 17%Moat top 30%Fin. health top 31%Tech top 34%
All 11 signals ▾
Innovationtop 17%
Moattop 30%
Fin. healthtop 31%
Techtop 34%
Markettop 35%
Producttop 40%
Fundingtop 41%
Talentbottom 45%
Globalbottom 36%
Newsbottom 27%
Growthbottom 20%
Innovation: 9 product lines
Moat: Top 4% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 67/100
$179M
FY2023
$69M5011977Dileshkumar Gordhanbhai Patel
Managing Director
15Varmora Granito
Manufacturer of flooring tiles for construction industry
74Tech top 24%Innovation top 25%Moat top 30%Product top 32%
All 11 signals ▾
Techtop 24%
Innovationtop 25%
Moattop 30%
Producttop 32%
Newstop 34%
Growthtop 36%
Talenttop 38%
Fin. healthtop 39%
Markettop 41%
Fundingbottom 44%
Globalbottom 37%
Tech: 55 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
Innovation: 6 product lines
rank vs industry peers · Fliar Intelligence Index 74/100
$177M
FY2025
$154K+2%2901994Raman Varmora
Founder
4 signals ▲100%
IPO · Buyback
16Hettich
Manufacturers of furniture fittings
53Tech top 25%Customers top 31%Product top 38%Fin. health top 40%
All 13 signals ▾
Techtop 25%
Customerstop 31%
Producttop 38%
Fin. healthtop 40%
Markettop 41%
Newstop 46%
Moattop 47%
Talentbottom 49%
Growthbottom 48%
Fundingbottom 43%
Globalbottom 43%
Innovationbottom 25%
Patentsbottom 19%
Tech: 54 technologies across 5/8 capability areas · Devops: Nginx
Customers: App rating 4.0★ (634 reviews) · Review volume +4% in 6 mo
rank vs industry peers · Fliar Intelligence Index 53/100
$175M
FY2025
$206K+3%1,027
1,027 → 1,490 (+45%) · sector median +24%
2001Sascha Grob
Co-CEO
5 signals
Capital raise · Announcements · New product
1 expansion · 2 awards
17Indigo Paints
Manufacturer of paints
72Innovation top 20%Moat top 20%Product top 24%Market top 32%
All 11 signals ▾
Innovationtop 20%
Moattop 20%
Producttop 24%
Markettop 32%
Fin. healthtop 36%
Fundingtop 37%
Talenttop 45%
Techtop 46%
Growthbottom 49%
Newsbottom 49%
Globalbottom 32%
Innovation: 12 product lines
Moat: Top 3% by revenue among 169 tracked Paints and Coatings companies · Editorial + unicorn rating 4/10
rank vs industry peers · Fliar Intelligence Index 72/100
$161M
FY2025
$23M+3%1,152
1,152 → 993 (-14%) · sector median +24%
2000Kamalaprasad Jalan
Director
14 signals ▼42%
Earnings
18BDG Metal & Power
Manufacturer of steel products
42Growth top 26%Moat top 30%Fin. health top 42%Talent top 45%
All 8 signals ▾
Growthtop 26%
Moattop 30%
Fin. healthtop 42%
Talenttop 45%
Markettop 50%
Globalbottom 25%
Fundingbottom 21%
Techbottom 15%
Growth: Headcount 117 → 182 (+56%) across vintages
Moat: Top 4% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 42/100
$155M
FY2022
$307K1821960N Basu
CEO
19EPACK
Manufacturer of pre-engineered buildings and prefabricated structures
78Product top 14%Innovation top 20%Funding top 22%Growth top 30%
All 11 signals ▾
Producttop 14%
Innovationtop 20%
Fundingtop 22%
Growthtop 30%
Moattop 36%
Markettop 37%
Fin. healthtop 38%
Talenttop 38%
Techtop 50%
Globalbottom 37%
Newsbottom 18%
Product: 9 distinct product lines · Company stage: Public
Innovation: 9 product lines
rank vs industry peers · Fliar Intelligence Index 78/100
$135M
FY2025
$62M+26%2,4811999Sanjay Singhania
Co-Founder & CEO & Managing Director
20Tulsyan NEC
Manufacturer of steel bars
37Product top 18%Innovation top 20%Moat top 31%Market top 41%
All 11 signals ▾
Producttop 18%
Innovationtop 20%
Moattop 31%
Markettop 41%
Talenttop 45%
Fin. healthbottom 45%
Growthbottom 25%
Globalbottom 25%
Fundingbottom 20%
Techbottom 15%
Newsbottom 15%
Product: 9 distinct product lines
Innovation: 9 product lines
rank vs industry peers · Fliar Intelligence Index 37/100
$128M
FY2023
$702K1781947Sanjay Tulsyan
Owner
21Stylam
Manufacturer of laminates for residential, commercial, and industrial purposes
64Moat top 27%Product top 28%Market top 31%Fin. health top 31%
All 9 signals ▾
Moattop 27%
Producttop 28%
Markettop 31%
Fin. healthtop 31%
Newstop 35%
Fundingtop 37%
Techtop 47%
Growthbottom 49%
Globalbottom 37%
Moat: Top 2% by revenue among 3366 tracked Manufacturing Services companies · Editorial + unicorn rating 5/10
Product: 1 published app (853 installs) · Company stage: Public
rank vs industry peers · Fliar Intelligence Index 64/100
$122M
FY2025
$8M+12%1,060
1,060 → 628 (-41%) · sector median +24%
19917 signals
Earnings · M&A
22Sanghi Cement
Manufacturer of cement
62Innovation top 20%Product top 26%News top 32%Funding top 34%
All 10 signals ▾
Innovationtop 20%
Producttop 26%
Newstop 32%
Fundingtop 34%
Markettop 41%
Growthtop 46%
Fin. healthtop 49%
Talentbottom 49%
Techbottom 44%
Globalbottom 36%
Innovation: 6 product lines
Product: 6 distinct product lines · Company stage: Acquired
rank vs industry peers · Fliar Intelligence Index 62/100
$119M
FY2025
$87M+21%4162003Ravi Sanghi
Managing Director
9 signals ▼18%
M&A · Lawsuit · Regulatory
23Knest
Manufacturer of aluminium formwork solutions for real estate and infrastructure projects
87Growth top 12%Funding top 24%Fin. health top 25%Talent top 35%
All 7 signals ▾
Growthtop 12%
Fundingtop 24%
Fin. healthtop 25%
Talenttop 35%
Markettop 39%
Techtop 49%
Globalbottom 33%
Growth: Revenue +301% YoY · Fresh capital in last 24 mo
Funding: Raised $35.2M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 87/100
$108M
FY2025
$35M+301%2014Prashant Agarwal
Co-Founder & Director
1 partnership · 5 expansions
24Ashtech
Manufacturer & distributor of cement, concrete, admixture, and other building materials
60Innovation top 20%Moat top 31%Product top 32%Fin. health top 44%
All 10 signals ▾
Innovationtop 20%
Moattop 31%
Producttop 32%
Fin. healthtop 44%
Talenttop 45%
Growthtop 48%
Markettop 49%
Fundingbottom 49%
Techbottom 35%
Globalbottom 25%
Innovation: 12 product lines
Moat: Top 6% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 60/100
$97M
FY2025
$13M+3%1751994Santosh Shrivastava
CEO
25Deepak Fasteners
Manufacturer of high-strength industrial fasteners
40Moat top 32%Funding top 35%Market top 45%Fin. health top 47%
All 9 signals ▾
Moattop 32%
Fundingtop 35%
Markettop 45%
Fin. healthtop 47%
Growthtop 49%
Talentbottom 49%
Globalbottom 46%
Newsbottom 22%
Techbottom 17%
Moat: Top 7% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
Funding: Raised $74.3M · 4 rounds over 18 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 40/100
$84M
FY2025
$74M+2%550
550 → 456 (-17%) · sector median +24%
1958Deepak Kalra
Founder
26Aamor Inox
Manufacturer of stainless steel products
53Innovation top 30%Moat top 32%Growth top 44%Tech top 44%
All 10 signals ▾
Innovationtop 30%
Moattop 32%
Growthtop 44%
Techtop 44%
Producttop 48%
Fin. healthtop 50%
Talentbottom 49%
Marketbottom 46%
Globalbottom 32%
Fundingbottom 24%
Innovation: 3 product lines
Moat: Top 7% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 53/100
$82M
FY2025
$627K+4%3662001Anand Gupta
Founder & CEO
27SISCOL
Provider of end-to-end steel structure solutions for construction
55Tech top 36%Moat top 37%Talent top 38%Fin. health top 42%
All 8 signals ▾
Techtop 36%
Moattop 37%
Talenttop 38%
Fin. healthtop 42%
Markettop 45%
Fundingtop 48%
Growthbottom 48%
Globalbottom 32%
Tech: 38 technologies across 4/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
Moat: Top 7% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 55/100
$76M
FY2025
$12M+11%539
539 → 673 (+25%) · sector median +24%
2017Ravi Uppal
Managing Director
1 job opening · 1 partnership
28Ozone
Manufacturer and supplier of architectural hardware fittings and solutions, catering to the needs of the…
69Tech top 28%Funding top 32%Product top 35%Moat top 39%
All 9 signals ▾
Techtop 28%
Fundingtop 32%
Producttop 35%
Moattop 39%
Markettop 40%
Growthtop 44%
Fin. healthtop 48%
Talentbottom 49%
Globalbottom 37%
Tech: 54 technologies across 4/8 capability areas · Cloud: Cloudflare, Vercel
Funding: Raised $42.0M across 2 rounds · 2 rounds over 15 yrs (0.1/yr)
rank vs industry peers · Fliar Intelligence Index 69/100
$75M
FY2025
$42M+10%1,064
1,064 → 1,319 (+24%) · sector median +24%
1999Alok Agarwal
Founder & CEO & Managing Director
29Qutone Ceramics
Manufacturer of ceramic tiles products
60Innovation top 20%Talent top 28%Moat top 33%Tech top 42%
All 10 signals ▾
Innovationtop 20%
Talenttop 28%
Moattop 33%
Techtop 42%
Producttop 42%
Fin. healthtop 46%
Growthtop 50%
Fundingbottom 49%
Marketbottom 48%
Globalbottom 32%
Innovation: 6 product lines
Talent: 4 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 60/100
$59M
FY2025
$3M+16%952008Rajeev Adlakha
Managing Director
3 job openings
30Uniply
Manufacturer of plywood, doors, flooring, and allied products
14Moat top 30%Fin. health bottom 45%Funding bottom 43%Market bottom 41%
All 7 signals ▾
Moattop 30%
Fin. healthbottom 45%
Fundingbottom 43%
Marketbottom 41%
Globalbottom 30%
Newsbottom 24%
Growthbottom 19%
Moat: Top 3% by revenue among 789 tracked Home Furnishing Products companies · Editorial + unicorn rating 1/10
Fin. health: Revenue ~$47.5M (FY2020) · Net margin 5.4%
rank vs industry peers · Fliar Intelligence Index 14/100
$47M
FY2020
$4M-33%21996
31Magicrete
Manufacturer of AAC blocks, construction chemicals, and precast construction solutions
62Moat top 26%Talent top 28%Innovation top 36%Tech top 38%
All 11 signals ▾
Moattop 26%
Talenttop 28%
Innovationtop 36%
Techtop 38%
Fin. healthtop 45%
Producttop 45%
Fundingtop 46%
Growthtop 46%
Markettop 48%
Globalbottom 37%
Newsbottom 27%
Moat: Top 11% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 7/10
Talent: Analyst team rating 4/5 · 3 named leaders on record
rank vs industry peers · Fliar Intelligence Index 62/100
$46M
FY2025
$18M+7%368
368 → 549 (+49%) · sector median +24%
2008Sidharth Bimal Bansal
Co-Founder
1 expansion
32Prominance
Manufacturer and supplier of uPVC windows and door products
69Growth top 25%Moat top 35%Fin. health top 38%Market top 40%
All 9 signals ▾
Growthtop 25%
Moattop 35%
Fin. healthtop 38%
Markettop 40%
Fundingtop 42%
Producttop 47%
Techbottom 46%
Talentbottom 45%
Globalbottom 36%
Growth: Headcount 525 → 821 (+56%) across vintages · Revenue +31% YoY
Moat: Top 12% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 69/100
$41M
FY2025
$13M+31%821
821 → 414 (-50%) · sector median +24%
2015Thangavelu Kumar
Founder
33Lamtuf
Manufacturer of phenolic, epoxy, and densified wood laminates
40Product top 18%Innovation top 20%Moat top 28%News top 40%
All 10 signals ▾
Producttop 18%
Innovationtop 20%
Moattop 28%
Newstop 40%
Fin. healthtop 48%
Growthbottom 46%
Marketbottom 37%
Techbottom 33%
Globalbottom 29%
Fundingbottom 21%
Product: 8 distinct product lines
Innovation: 8 product lines
rank vs industry peers · Fliar Intelligence Index 40/100
$25M
FY2023
$220K13719763 signals
IPO · Regulatory
34Robo Silicon
Manufacturer of plaster sand
42Innovation top 30%Product top 32%Market bottom 49%Global bottom 48%
All 9 signals ▾
Innovationtop 30%
Producttop 32%
Marketbottom 49%
Globalbottom 48%
Talentbottom 45%
Fundingbottom 42%
Growthbottom 41%
Techbottom 36%
Fin. healthbottom 35%
Innovation: 3 product lines
Product: 3 distinct product lines · Company stage: Acquired
rank vs industry peers · Fliar Intelligence Index 42/100
$20M
FY2025
$537K+11%3751999Anil Banchhor
Managing Director
35Aro Granite Industries
Granite processing company
29Product top 14%Innovation top 20%Market bottom 46%Talent bottom 45%
All 10 signals ▾
Producttop 14%
Innovationtop 20%
Marketbottom 46%
Talentbottom 45%
Fundingbottom 39%
Globalbottom 33%
Techbottom 30%
Fin. healthbottom 27%
Growthbottom 24%
Newsbottom 18%
Product: 5 distinct product lines · Company stage: Public
Innovation: 5 product lines
rank vs industry peers · Fliar Intelligence Index 29/100
$16M
FY2025
$3M-15%3751991Sunil Arora
CEO
36ABG Cement
Manufactures portland cement
11Moat top 43%Funding top 50%Talent bottom 45%Market bottom 41%
All 8 signals ▾
Moattop 43%
Fundingtop 50%
Talentbottom 45%
Marketbottom 41%
Globalbottom 36%
Fin. healthbottom 33%
Techbottom 27%
Growthbottom 10%
Moat: Top 24% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
Funding: Raised $23.5M across 1 rounds · 1 rounds over 16 yrs (0.1/yr)
rank vs industry peers · Fliar Intelligence Index 11/100
$14M
FY2017
$23M1081996V P Sharma
CEO & Managing Director
37Shand Group
Manufacturer and exporter of PVC pipes, plastic pipes, and fittings
29Product top 18%Innovation top 20%Talent top 45%Fin. health bottom 38%
All 9 signals ▾
Producttop 18%
Innovationtop 20%
Talenttop 45%
Fin. healthbottom 38%
Marketbottom 34%
Globalbottom 33%
Growthbottom 31%
Techbottom 31%
Fundingbottom 22%
Product: 6 distinct product lines
Innovation: 6 product lines
rank vs industry peers · Fliar Intelligence Index 29/100
$11M
FY2025
$578K-6%661992Shantilal Shand
Founder
38PARE
Building materials company specializing in innovative surfaces for ceilings, walls, and facade systems
48Growth top 36%Fin. health top 43%Funding top 47%Moat top 47%
All 8 signals ▾
Growthtop 36%
Fin. healthtop 43%
Fundingtop 47%
Moattop 47%
Techtop 49%
Talentbottom 49%
Marketbottom 42%
Globalbottom 34%
Growth: Revenue +26% YoY · Web rank 1,000,000 → 5,000,000 YoY
Fin. health: Revenue ~$9.6M (FY2024) · Net margin 24.7%
rank vs industry peers · Fliar Intelligence Index 48/100
$10M
FY2025
$9M+26%2020Bipin Parmar
Co-Founder & Managing Director
2 job openings · 2 launchs
39Marudhar Stones
Provider of natural stones for construction industry
35Growth top 34%Funding top 41%Product top 46%Innovation top 50%
All 9 signals ▾
Growthtop 34%
Fundingtop 41%
Producttop 46%
Innovationtop 50%
Moatbottom 49%
Fin. healthbottom 44%
Marketbottom 33%
Globalbottom 32%
Techbottom 16%
Growth: Headcount 162 → 200 (+23%) across vintages · Revenue +31% YoY
Funding: Raised $17.9M across 2 rounds · 2 rounds over 2 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 35/100
$8M
FY2025
$18M+31%2002007
40GreenFortune Windows and Doors
Manufacturer of uPVC windows and doors
55Growth top 26%Tech top 33%Talent top 38%Funding top 42%
All 8 signals ▾
Growthtop 26%
Techtop 33%
Talenttop 38%
Fundingtop 42%
Globalbottom 45%
Fin. healthbottom 45%
Moatbottom 43%
Marketbottom 35%
Growth: Revenue +166% YoY · Web rank 1,000,000 → 5,000,000 YoY
Tech: 39 technologies across 6/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 55/100
$3M
FY2025
$9M+166%2022Pratyusha Kosaraju
Co-Founder
41HeyConcrete
Company that specializes in crafting artistic concrete designs
42Growth top 27%Tech top 45%Talent top 45%Funding bottom 48%
All 7 signals ▾
Growthtop 27%
Techtop 45%
Talenttop 45%
Fundingbottom 48%
Fin. healthbottom 48%
Globalbottom 25%
Marketbottom 23%
Growth: Revenue +78% YoY · Fresh capital in last 24 mo
Tech: 31 technologies across 4/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 42/100
$2M
FY2025
$871K+78%2019Shubham Babel
Co-Founder
42Vectus
Manufacturer of plastic water storage tanks and piping systems
27Tech top 36%Talent top 38%Product top 40%Funding top 49%
All 11 signals ▾
Techtop 36%
Talenttop 38%
Producttop 40%
Fundingtop 49%
Innovationbottom 46%
Globalbottom 37%
Growthbottom 35%
Marketbottom 34%
Moatbottom 33%
Fin. healthbottom 29%
Newsbottom 22%
Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 27/100
$953K
FY2025
$17M+30%1681989Ashish Baheti
Managing Director
43Modroof
Designer and manufacturer of roofing systems
32Growth top 5%Talent bottom 45%Fin. health bottom 43%Global bottom 25%
All 7 signals ▾
Growthtop 5%
Talentbottom 45%
Fin. healthbottom 43%
Globalbottom 25%
Moatbottom 23%
Fundingbottom 21%
Marketbottom 13%
Growth: Revenue +289% YoY
Talent: 1 named leader on record
rank vs industry peers · Fliar Intelligence Index 32/100
$889K
FY2025
$390K+289%72014Hasit Ganatra
Founder & CEO
44SuperSurfaces
Manufacturer of cement, marmorino, and mettalic series
4Talent bottom 45%Global bottom 34%Funding bottom 25%Growth bottom 13%
All 6 signals ▾
Talentbottom 45%
Globalbottom 34%
Fundingbottom 25%
Growthbottom 13%
Marketbottom 12%
Fin. healthbottom 11%
Talent: 1 named leader on record
Global: Single-market focus (India)
rank vs industry peers · Fliar Intelligence Index 4/100
$675K
FY2025
$500K-46%2014Gudlavalleti Kumar
Proprietor
45NCL Industries
Supplier of cement, door, and concrete products
40Innovation top 20%Product top 21%Funding top 32%Talent bottom 49%
All 11 signals ▾
Innovationtop 20%
Producttop 21%
Fundingtop 32%
Talentbottom 49%
Techbottom 43%
Newsbottom 41%
Growthbottom 37%
Globalbottom 37%
Fin. healthbottom 32%
Marketbottom 28%
Moatbottom 13%
Innovation: 4 product lines
Product: 4 distinct product lines · 2 published apps (3.5k installs)
rank vs industry peers · Fliar Intelligence Index 40/100
$5K
FY2024
$48M1,0101984K Raju
Founder
4 signals ▼64%
Earnings · Regulatory
46Binani Cement
Manufacturer of cement, clinker and zinc composites
22Innovation top 20%Product top 26%Talent bottom 49%Funding bottom 43%
All 11 signals ▾
Innovationtop 20%
Producttop 26%
Talentbottom 49%
Fundingbottom 43%
Globalbottom 37%
Newsbottom 36%
Fin. healthbottom 34%
Marketbottom 29%
Techbottom 22%
Moatbottom 22%
Growthbottom 16%
Innovation: 5 product lines
Product: 5 distinct product lines · Company stage: Acquired
rank vs industry peers · Fliar Intelligence Index 22/100
$3K
FY2025
$32M-91%1,5001996Vinod Juneja
CEO & MD
47Bharathi Cement 🦄
Manufacturer and supplier of cement and concrete
50Moat top 25%Market top 28%News top 33%Funding top 44%
All 9 signals ▾
Moattop 25%
Markettop 28%
Newstop 33%
Fundingtop 44%
Fin. healthtop 45%
Talentbottom 49%
Growthbottom 35%
Techbottom 35%
Globalbottom 32%
Moat: Top 3% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
Market: 1,750 employees (top 20% of Building Materials) · Revenue ~$260M
rank vs industry peers · Fliar Intelligence Index 50/100
$99M1,7501999Ys Reddy
Founder
3 signals
Announcements
48Panyam Cements & Mineral Industries
Manufacturer of OPC and PPC cement
21Funding top 42%Moat top 44%Talent bottom 49%Tech bottom 39%
All 8 signals ▾
Fundingtop 42%
Moattop 44%
Talentbottom 49%
Techbottom 39%
Fin. healthbottom 33%
Globalbottom 32%
Marketbottom 30%
Newsbottom 18%
Funding: Raised $11.0M across 1 rounds · 1 rounds over 17 yrs (0.1/yr)
Moat: Top 27% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 21/100
$11M221995S.P.Y.Reddy
Founder & Chairman
49Integrated Cleanroom Technologies
Manufacturer of building products
62Growth top 30%Moat top 31%Product top 35%Market top 40%
All 10 signals ▾
Growthtop 30%
Moattop 31%
Producttop 35%
Markettop 40%
Innovationtop 40%
Fundingtop 43%
Fin. healthtop 50%
Talentbottom 49%
Globalbottom 37%
Techbottom 35%
Growth: Headcount 663 → 866 (+31%) across vintages · Web rank 10,000,000 → 5,000,000 YoY
Moat: Top 6% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
rank vs industry peers · Fliar Intelligence Index 62/100
$8M8662003Narendra Dodla
Co-Founder & Director
50Jaquar
Jaquar offers complete premium bathroom solutions with great designs to premium segments.
60Customers top 18%Tech top 26%Market top 30%News top 31%
All 8 signals ▾
Customerstop 18%
Techtop 26%
Markettop 30%
Newstop 31%
Producttop 38%
Growthbottom 40%
Globalbottom 25%
Fundingbottom 23%
Customers: App rating 4.3★ (2,006 reviews) · Marquee-customer mentions: top 9% of tracked companies
Tech: 44 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
rank vs industry peers · Fliar Intelligence Index 60/100
$708K2,41919603 signals
Announcements · Earnings

Top 12 Building Materials companies in India

#1
Series C · Mumbai, Maharashtra · founded 2014
$35.2Mraised

Manufacturer of aluminium formwork solutions for real estate and infrastructure projects. The company provides monolithic, vertical, and deck system formwork. These offerings cater to diverse construction needs. The company focuses on design, technology, and innovation. It aims to deliver solutions for developers.

Fliar Intelligence Index™ 87how this company ranks against its industry peers
Growth
top 12%
Funding
top 24%
Fin. health
top 25%
Talent
top 35%
Market
top 39%
Tech
top 49%
Growth: Revenue +301% YoY · Fresh capital in last 24 mo
Funding: Raised $35.2M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series C (Jun 2025)
Fin. health: Revenue ~$108M (FY2024) · Net margin 5.3% · Revenue +301% YoY
Audience (LinkedIn): 22k LinkedIn followers · 113 engagements/post (2.7× cohort median)
Activity (LinkedIn): 1 partnerships · 5 expansions (incl. Rassons Trendsquares) announced in 12 mo
Funding rounds
  • Jun 2025Series C$35.2M
Founders & team
Prashant AgarwalCo-Founder & DirectorNitin MittalCo-Founder & Co-CEOAshish AgarwalCo-Founder & Co-CEO
Investors
Lighthouse
Tech stack
BootstrapGoogle AnalyticsGoogle CloudGoogle Cloud CdnGoogle Tag ManagerGsap
#2
Public · Noida, Uttar Pradesh · founded 1999 · 2481 employees
$61.7Mraised

Manufacturer of pre-engineered buildings and prefabricated structures. The company specializes in engineering, fabrication, and project management, offering comprehensive pre-engineered building solutions. It provides manufacturing facilities for cold roll-formed sections catering to industries including airport terminals, logistics, construction, automobiles, railways, material handling, power generation, hospitals, and schools.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Product
top 14%
Innovation
top 20%
Funding
top 22%
Growth
top 30%
Moat
top 36%
Market
top 37%
Product: 9 distinct product lines · Company stage: Public
Innovation: 9 product lines
Funding: Raised $61.7M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Unattributed (Dec 2024)
Audience (LinkedIn): 37k LinkedIn followers — 2.4% of this cohort's audience
Funding rounds
  • Dec 2024Unattributed$20M
  • Sep 2022Series B$20M
  • Sep 2021Series B$21.7M
Founders & team
Sanjay SinghaniaCo-Founder & CEO & Managing DirectorAjay SinghaniaCEO & Managing Director
Investors
GEF Capital Partners, ICICI Venture, Affirma Capital, Msh Venture, KGR Worldwide Solutions, KB Buildcon
Tech stack
BootstrapCdnjsCloudflareContact Form 7Core-JsFacebook Pixel
#3
Seed · Hyderabad, Telangana · founded 2022
$9.1Mraised

Manufacturer of uPVC windows and doors. It offers a variety of customized uPVC profiles. The company uses a tech-driven approach and has a design and technical services team. Its product are manufactured in ISO certified facilities and are customized for climatic conditions. It also provide a proprietary technology that allows fabricators to design, generate bill-of-materials, prepare proforma invoice, generate professional quotations and warranty cards.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Growth
top 26%
Tech
top 33%
Talent
top 38%
Funding
top 42%
Global
bottom 45%
Fin. health
bottom 45%
Growth: Revenue +166% YoY · Web rank 1,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Tech: 39 technologies across 6/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 3 partnerships · 2 expansions (incl. Home 360 Degrees) announced in 12 mo
Funding rounds
  • Mar 2025Seed$4.5M
  • 2024Seed$3.6M
  • May 2023Seed$1M
Founders & team
Pratyusha KosarajuCo-FounderDilip KumarCo-Founder
Investors
Titan Capital, Superb Capital, Incubate Fund India, Stride Ventures, partners-fund.net, Foundamental
Tech stack
CloudflareCloudflare Browser InsightsCore-JsFacebook PixelGoogle AnalyticsGoogle Font Api
#4
Series A · Thane, Maharashtra · founded 2020
$8.7Mraised

Building materials company specializing in innovative surfaces for ceilings, walls, and facade systems. It offers a range of products including SOFFIT ceiling & wall systems, Soffit louvers, Soffit Vertica, Dura+ panels, Artstone Panels, and various PVC wall and ceiling panels.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 36%
Fin. health
top 43%
Funding
top 47%
Moat
top 47%
Tech
top 49%
Talent
bottom 49%
Growth: Revenue +26% YoY · Web rank 1,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$9.6M (FY2024) · Net margin 24.7% · Revenue +26% YoY
Funding: Raised $8.7M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Series A (Apr 2025)
Audience (LinkedIn): 4k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: colaboration
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
  • Apr 2025Series A$8.5M
  • Jun 2021Seed$164.5K
Founders & team
Bipin ParmarCo-Founder & Managing Director
Investors
Advenza, Parikh Senior Living And Care
Tech stack
Cart FunctionalityCdnjsCloudflareCore-JsElementorFacebook Pixel
#5
Seed · Udaipur, Rajasthan · founded 2019
$870.5Kraised

Company that specializes in crafting artistic concrete designs. It offer a range of products including bricks, planks, flooring, wash basins, and panels. Their unique approach and promptness in delivering products make for an amazing customer experience.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Growth
top 27%
Tech
top 45%
Talent
top 45%
Funding
bottom 48%
Fin. health
bottom 48%
Global
bottom 25%
Growth: Revenue +78% YoY · Fresh capital in last 24 mo
Tech: 31 technologies across 4/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management
Talent: 2 named leaders on record
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
  • Jul 2025Angel$870.5K
Founders & team
Shubham BabelCo-FounderShabbir RahimCo-Founder
Tech stack
BlocksyBlocksy CompanionCart FunctionalityCloudflareCloudflare Bot ManagementCore-Js
#6
Series B · Hosur, Tamil Nadu · founded 2007 · 200 employees
$17.9Mraised

Provider of natural stones for construction industry

Fliar Intelligence Index™ 35how this company ranks against its industry peers
Growth
top 34%
Funding
top 41%
Product
top 46%
Innovation
top 50%
Moat
bottom 49%
Fin. health
bottom 44%
Growth: Headcount 162 → 200 (+23%) across vintages · Revenue +31% YoY · Fresh capital in last 24 mo
Funding: Raised $17.9M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Series B (Aug 2024)
Product: 1 distinct product line · Company stage: Series B
Funding rounds
  • Aug 2024Series B$17.9M
  • Mar 2008Seed$496.2K
Investors
Bharat Value Fund, Javda India Impex, Swetaholdings, Ganadhipati Trades and Credit, Yash-V-Jewels, Alka Diamond Industries
Tech stack
PleskWindows ServerMicrosoft Asp.NetIisLightboxJquery
#7
Public · Mumbai, Maharashtra · founded 2009 · 1388 employees
$193.3Mraised

Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete. The company provides building solutions for various construction needs. Its offerings include different types of cement, such as Portland slag cement and ordinary Portland cement, along with construction chemicals like tile adhesive and waterproofing solutions. It also supplies ground granulated blast furnace slag and screened slag aggregates.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Innovation
top 20%
Funding
top 20%
News
top 21%
Moat
top 24%
Market
top 27%
Fin. health
top 32%
Innovation: 4 product lines
Funding: Raised $193M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Conventional Debt (Jun 2023)
News: 66 BI events in 12 mo (of 174 tracked, 11 types) · +371% YoY · 37 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 112k LinkedIn followers — 7.2% of this cohort's audience
Funding rounds
  • Jun 2023Conventional Debt$50M
  • Oct 2022Conventional Debt$50.1M
  • Jul 2021Series D$193.3M
Founders & team
Nilesh NarwekarCEOParth JindalManaging Director
Investors
Synergy Capital, Apollo Global Management, AP Asia Opportunistic Holdings, SBI, BNP Paribas, MUFG
Tech stack
Apache Http ServerBootstrapCdnjsCloudflareCore-JsFacebook Pixel
#8
Series A · Ahmedabad, Gujarat · founded 2008 · 95 employees
$2.9Mraised

Manufacturer of ceramic tiles products. It offers a wide range of products including large-format slabs, glazed vitrified tiles, and digitally printed wall tiles for residential & commercial surfaces.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Innovation
top 20%
Talent
top 28%
Moat
top 33%
Tech
top 42%
Product
top 42%
Fin. health
top 46%
Innovation: 6 product lines
Talent: 4 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 9% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 14k LinkedIn followers
Hiring (LinkedIn): 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Senior Manager (Exports), Senior Sales Manager – International Markets (Tiles)
Funding rounds
  • Jul 2024Series A$6.2M
  • Mar 2019Angel$553.6K
  • Mar 2013Seed$464.1K
  • Mar 2012Seed$672K
Founders & team
Rajeev AdlakhaManaging DirectorSunil MangluniaManaging DirectorManojkumar AgarwalChairman & Managing Director
Investors
Oswal Service, Malik Finvest, Snehdeep Implex, Carnelian, Ageless Capital And Finance
Tech stack
BootstrapCivicthemeContact Form 7Core-JsElementorFacebook Pixel
#9
Series D · Delhi, Delhi · founded 1985 · 190 employees
$146Mraised

Manufacturer of glass products. Its product portfolio comprises clear glass and value-added glass catering to a wide range of end-user industries including construction, automotive, and industrial sectors. It produce a range of value-added glass products including silver glass, frosted glass, mirrors, tinted glass, solar control reflective glass for a wide range of applications.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Moat
top 27%
Funding
top 29%
Product
top 29%
Innovation
top 30%
Talent
top 34%
Market
top 40%
Moat: Top 2% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
Funding: Raised $146M across 6 rounds · 6 rounds over 18 yrs (0.3/yr) · Last round Series D (Mar 2022)
Product: 3 distinct product lines · 2 published apps (266 installs) · Company stage: Series D
Audience (LinkedIn): 20k LinkedIn followers
Hiring (LinkedIn): 4 hiring posts in 12 mo (public) · momentum +4 · hiring: Plant Manager – Production, Quality Executive
Funding rounds
  • Mar 2022Series D$79.5M
  • Aug 2018Series C$58.3M
  • Mar 2011Series B$4.3M
  • Oct 2009Series B$1.2M
Founders & team
Subhash TyagiCo-CEOJimmy TyagiCo-CEO
Investors
Kasarcreditandcapital, Laxmi Infin, Rishikesh Traexim, Keshav Tradex, Srk Exim, Dinanath Scrap Dealers
Tech stack
Alpine.JsAosApache Http ServerBootstrapBunnyBunny Fonts
#10
Acquired · Ahmedabad, Gujarat · founded 2003 · 416 employees
$87.5Mraised

Sanghi Industries is a cement manufacturer. The company's products include ordinary portland cement (OPC53 & OPC43), portland pozzolana cement (PPC), and portland slag cement (PSC), among others. It supplies cement in Gujarat, Rajasthan, Maharashtra, Kerala, the Middle East, Africa, and other location.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Innovation
top 20%
Product
top 26%
News
top 32%
Funding
top 34%
Market
top 41%
Growth
top 46%
Innovation: 6 product lines
Product: 6 distinct product lines · Company stage: Acquired
News: 9 BI events in 12 mo (of 100 tracked, 9 types) · -18% YoY · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding rounds
  • Dec 2022Post IPO$900.9K
  • Apr 2016Conventional Debt$38.7M
  • Feb 2016Conventional Debt$47.9M
Founders & team
Ravi SanghiManaging Director
Investors
Piramal Group
Tech stack
WordpressMysqlPhpElementorContact Form 7Yoast Seo
#11
Series A · Sulur, Tamil Nadu · founded 2015 · 821 employees
$12.9Mraised

Manufacturer and supplier of uPVC windows and door products. It specializes in uPVC profiles that are designed to exceed the mechanical properties and UV resistance standards. It also emphasizes innovative manufacturing processes and uses advanced technology, including PLC/SCADA systems for precise control over production processes.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 25%
Moat
top 35%
Fin. health
top 38%
Market
top 40%
Funding
top 42%
Product
top 47%
Growth: Headcount 525 → 821 (+56%) across vintages · Revenue +31% YoY · Web rank 1,000,000 → 500,000 YoY
Moat: Top 12% by revenue among 1679 tracked Building Materials companies · Editorial + unicorn rating 1/10
Fin. health: Revenue ~$41.2M (FY2022) · Net margin 9.0% · Revenue +31% YoY
Audience (LinkedIn): 7k LinkedIn followers
Funding rounds
  • Dec 2023Series A$3.8M
  • Dec 2022Series A$3.1M
  • Apr 2022Series A$5.1M
  • Aug 2021Seed$2.2M
Founders & team
Thangavelu KumarFounder
Investors
Homworkssingapore, Viney Equity Market, Expertpro Realty, Sevenoaks Growth Partners, Rikvin Ventures
Tech stack
A3 Lazy LoadAmpBunnyCdnjsCloudflareCloudflare Browser Insights
#12
Series C · Delhi, Delhi · founded 1999 · 1064 employees
$42Mraised

Ozone India is a leading manufacturer and supplier of architectural hardware fittings and solutions, catering to the construction industry. With a focus on quality and reliability, the company offers a wide range of products that meet the needs of architects, builders, and homeowners. By providing innovative and efficient solutions, Ozone India has established itself as a trusted brand in the market.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Tech
top 28%
Funding
top 32%
Product
top 35%
Moat
top 39%
Market
top 40%
Growth
top 44%
Tech: 54 technologies across 4/8 capability areas · Cloud: Cloudflare, Vercel · Security: Cloudflare Bot Management, Hsts
Funding: Raised $42.0M across 2 rounds · 2 rounds over 15 yrs (0.1/yr) · Last round Series C (Jun 2023)
Product: 2 published apps (183k installs) · Company stage: Series C
Audience (LinkedIn): 111k LinkedIn followers — 7.2% of this cohort's audience
Funding rounds
  • Jun 2023Series C$30.3M
  • Nov 2011Series B$11.7M
Founders & team
Alok AgarwalFounder & CEO & Managing Director
Investors
Everstone Capital, Nuvama, Ozone Matrix Infracon
Tech stack
BootstrapCart FunctionalityCloudflareCloudflare Browser InsightsCloudflare Rocket LoaderCore-Js

Funding & investor landscape

$1.4Btotal disclosed funding
56companies funded
91disclosed rounds
0rounds last 90 days
Most active investors
WestBridge Capital6 rounds
India Capital Growth5 rounds
Nalanda Capital4 rounds
SBI4 rounds
Brand Capital3 rounds
India SME Investments3 rounds
Kitara Capital3 rounds
Lighthouse3 rounds
Stride Ventures3 rounds
Akash Ganga Traders2 rounds

Notable founders

Prashant Agarwal
Co-Founder & Director · Knest
Nitin Mittal
Co-Founder & Co-CEO · Knest
Sanjay Singhania
Co-Founder & CEO & Managing Director · EPACK
Ajay Singhania
CEO & Managing Director · EPACK
Pratyusha Kosaraju
Co-Founder · GreenFortune Windows and Doors
Dilip Kumar
Co-Founder · GreenFortune Windows and Doors
Bipin Parmar
Co-Founder & Managing Director · PARE
Shubham Babel
Co-Founder · HeyConcrete
Shabbir Rahim
Co-Founder · HeyConcrete
Nilesh Narwekar
CEO · JSW Cement
Parth Jindal
Managing Director · JSW Cement
Rajeev Adlakha
Managing Director · Qutone Ceramics
Prism market signals · India · country-scoped Prism corpus, 238,742 docs

Market landscape — 10 sub-themes by coverage

Share of Building Materials coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · India

How research on Advanced Materials is moving in India

A read on the academic research around Advanced Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 601 India-affiliated papers.

research sentiment over time
200820182026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 27% → 83% across 2008–2026.
top research entities
  • Ministry of Education37
  • Indian Institute of Science Bangalore26
  • Indian Institute of Technology Kharagpur22
  • Academy of Scientific and Innovative Research21
  • Indian Institute of Technology Delhi21
leading researchers
K. V. Gangadharan · Sanjib Banerjee · Bishakh Bhattacharya · Sayan Basak · A. Arockiarajan · P. Sam Paul · Balasubramanian Kandasubramanian · Ayyappanpillai Ajayaghosh
Breakthroughs130 · 22%
▲ 14%→25% share
▲1.8× share momentum1 median citations74% since 2021mostly methods-led
Smart material breakthroughs are surging — Indian research papers tripled from 9 to 28, with Polymer and Soft robotics newly emerging.
rising sub-themes (early→recent)
  • Smart material9→28
  • Elastomer1→10
  • Nanotechnology4→12
  • Composite material2→9
  • Composite number2→7
Newly emergingPolymer 0→13 · Smart polymer 0→7 · Soft robotics 0→6
Landmark Cutting edge development on graphene derivatives modified by liquid crystal and CdS/TiO2hybrid matrix: optoel · 182 cites
Advancements267 · 44%
▼ 55%→41% share
▼0.7× share momentum2 median citations59% since 2021mostly reviews
Nanocomposite advancement research intensified sharply — papers rose from 2 to 15, alongside newly emerging Self-healing hydrogels and Biocompatible materials.
rising sub-themes (early→recent)
  • Smart material35→64
  • Nanotechnology8→25
  • Nanocomposite2→15
  • Graphene2→11
  • Polymer5→13
Newly emergingNanomaterials 0→12 · Self-healing hydrogels 0→10 · Biocompatible material 0→9
Landmark Smart polymers for the controlled delivery of drugs – a concise overview · 577 cites
Concerns53 · 9%
▲ 5%→10% share
▲2.0× share momentum2 median citations75% since 2021mostly reviews
Smart material concerns are quadrupling — papers jumped 5 to 22, with 3D printing and Self-healing hydrogels raising newly flagged issues.
rising sub-themes (early→recent)
  • Smart material5→22
  • Nanotechnology1→11
Newly emerging3D printing 0→5 · Self-healing hydrogels 0→5
Landmark 4D printing: Fundamentals, materials, applications and challenges · 319 cites
RESEARCH HOTSPOTS · India

Where advanced materials is researched across India

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Delhi-NCR48 · +0.45
Hot · Smart materialAdvancing · Vibration controlOpportunity · AerospaceConcern · Nanotechnology
Bengaluru37 · +0.48
Hot · Smart materialAdvancing · BendingOpportunity · Shape-memory polymer
Chennai32 · +0.46
Hot · NanotechnologyAdvancing · ActuatorOpportunity · Lower critical solution temperature
Mumbai29 · +0.58
Hot · Smart materialAdvancing · PolymerOpportunity · Azobenzene
Kharagpur22 · +0.44
Hot · Composite numberAdvancing · PiezoelectricityOpportunity · Polymer
Kolkata17 · +0.38
Hot · Shape-memory polymerAdvancing · OptoelectronicsOpportunity · Shape-memory alloy
Kanpur12 · +0.48
Hot · Composite materialAdvancing · Shape-memory alloy
Guwahati12 · +0.38
Hot · NanotechnologyOpportunity · Biocompatibility
Varanasi10 · +0.63
Hot · NanotechnologyAdvancing · Shape-memory alloyOpportunity · Tissue engineering
Roorkee9 · +0.53
Hot · Smart materialAdvancing · Composite materialOpportunity · Elastomer
PATENT SIGNAL · India

Who's filing advanced materials patents in India

India advanced materials patent filing is cooling — 1,335 filings from 2,316 assignees (2016–2025), led by CSIR, TATA Steel, Tata Consultancy Services; annual filings 131→109.

1,335 filings2,316 assigneespeak 194/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • CSIR479
  • TATA Steel117
  • Tata Consultancy Services60
  • Halliburton Energy SERV59
  • Indian INST Scient57
  • Indian OIL55
  • TATA Chemicals45
  • General Electric42

Common questions

How many Building Materials companies are there in India?
Radar tracks 1322 indexable Building Materials companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Building Materials companies in India?
The Building Materials companies in India on this list have raised a combined $1.4B in disclosed equity funding across 56 funded companies.
Which is the highest-funded Building Materials company in India?
JSW Cement is the highest-funded Building Materials company in India, with $193.3M in disclosed equity funding.
How many Building Materials companies in India are funded?
56 of the 1322 Building Materials companies in India on this list have disclosed at least one equity funding round.
How many Building Materials unicorns are there in India?
3 Building Materials companies in India on this list are valued at $1B or more.
Who are the top investors in India Building Materials companies?
The most active investors in India Building Materials companies on this list include WestBridge Capital, India Capital Growth, Nalanda Capital, SBI, Brand Capital.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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