Company lists
The Maharashtra edition · 2026

Building materialscompanies in Maharashtra

Cement & steel, green materials, suppliers, chemicals & paints, doors & windows and more: the companies building building materials in Maharashtra, with their founders, funding, team size and business models.

473 company profiles175 with reported revenue6 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent building materials business events in Maharashtra

Funding, M&A, contract wins and launches involving 506 building materials companies in Maharashtra, last 24 months: 101 M&A deals · 20 Contracts · 8 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingNCD Issuance

Rdc concrete

Khaitan & Co acted as legal counsel to RDC Concrete (India) Limited in relation to the issuance of senior, secured, rated, listed, taxable, transferable, redeemable, non-convertible…

M&AAcquisition · Announced

Ambuja cements acquires Jaypee

Adani Group-backed Ambuja Cements has submitted a Rs 580-crore offer to acquire bankrupt Jaypee Cement Corporation.

Cement
M&AAcquisition · Announced

Ambuja cements acquires Jaypee Cement

Adani Group-backed Ambuja Cements has submitted a ₹580 crore offer to acquire bankrupt Jaypee Cement, an affiliate of Jaypee Associates.

Cement
ContractSupply

John Cockerill India · client: Jsw steel coated products

John Cockerill India has secured a contract worth around Rs 300 crore from JSW Steel Coated Products.

ContractTechnology

John cockerill · client: Jsw steel coated products

John Cockerill India Limited has secured a contract worth approximately ₹300 crore from JSW Steel Coated Products Limited, as per a regulatory filing under SEBI Listing Regulations.

Steel infrastructure
ContractSupply

Texmaco rail & engineering · client: Ultratech cement

Texmaco Rail & Engineering has secured a significant order valued at ₹27.18 crores from Ultratech Cement Limited. The order involves the supply of one rake of BCFC M1 wagons along with…

Railway
M&AAcquisition · Announced

Ultratech cement acquires Sunsure Solarpark Seven

UltraTech Cement will acquire a 26.18% stake in Sunsure Solarpark Seven, a renewable energy generation and transmission company, for up to Rs 19.2 crore, the company said on Wednesday.

Renewable Energy Generation and Transmission
ContractService

Kaushalya Logistics · client: Jsw cement

Kaushalya Logistics Limited (NSE: KLL), a diversified conglomerate specializing in logistic support to the cement industry, has added JSW Cement Limited as a new client to its portfolio,…

Cement industry
M&AAcquisition · Announced

Ultratech cement acquires Sunsure Solarpark Thirty Eight

UltraTech Cement: The cement major has entered into an energy supply agreement, share subscription agreement and shareholders agreement to acquire 26.20 per cent equity shares of Sunsure…

Renewable Energy Generation and Transmission
ContractGovernment

Jsw cement · client: Government of assam

JSW Cement Ltd on Monday said it has been declared as the 'Preferred Bidder' for the mining lease of the Sikilangso Limestone Block in Assam. 'We wish to inform you that the Company has…

Mining
ContractTechnology

Zaggle Prepaid Ocean Services · client: Saurashtra cement

Separately, the company signed a five-year deal with Saurashtra Cement Limited to offer its Zaggle Save platform for employee expense management and benefits.

Employee Expense Management
ContractSupply

Paradeep Parivahan Limited · client: Ultratech cement

Paradeep Parivahan Limited has entered into a long-term agreement with UltraTech Cement to deploy electric trucks at the cement major’s Rajasthan and Uttar Pradesh facilities.

Logistics
M&AAcquisition · Completed

Jsw paints acquires AkzoNobel India

The acquisition, which was completed in December 2025, has instantly elevated JSW Paints to the fourth-largest player in the Indian paints industry, giving the group control of the…

M&AAcquisition · Completed

Tata steel acquires Tata bluescope steel

Tata Steel Limited (‘Company’) has today i.e. on December 31, 2025, completed the acquisition of 43,29,90,000 shares of face value ₹10 each for a consideration of ₹1,099.97 crore in Tata…

M&AAcquisition · Announced

Tata steel acquires Tata bluescope steel

In a separate release, the Competition Commission of India (CCI) approved Tata Steel Ltd's proposed acquisition of sole control in Tata BlueScope Steel by purchasing the remaining 50 per…

Steel
M&AAcquisition · Completed

Jsw paints acquires AkzoNobel India

Last week, JSW Paints, a group firm of USD 23 billion Sajjan Jindal-led JSW Group had completed the acquisition of a majority stake of 60.7 per cent in AkzoNobel India, subsequently…

Paints
Launch

Hettich

Hettich has launched its first Hettich Exclusive (HeX) store in Trivandrum, marking the brand’s entry into the city and expanding its experiential retail presence.

M&AAcquisition · Completed

iShares Core MSCI Emerging Markets ETF acquires Acc

The US-based BlackRocks affiliate, iShares Core MSCI Emerging Markets ETF, acquired 9.82 lakh equity shares of ACC, purchased 9.68 lakh shares of TD Power Systems and bought 5.3 lakh…

Asset Management
M&AAcquisition · Announced

Nuvoco vistas acquires Vadraj Energy

"Nuvoco Vistas Corp, an eastern India cement producer that had bought LaFarge’s operating assets nine years ago, is buying Vadraj Energy (Gujarat) for Rs 200 crores from JSW Cement and…

M&AAcquisition · Announced

Nuvoco vistas acquires Vadraj Cement

"Nuvoco ... acquired Gujarat-based Vadraj Cement through the insolvency route, and 6 million tonne of capacity from this buyout is expected to become commercially operational in the…

ContractService

Concor · client: Ultratech cement ltd

The Container Corporation of India Ltd. (CONCOR), a Navratna PSU under the Ministry of Railways, has signed a strategic agreement with UltraTech Cement Ltd., India’s largest cement…

Cement logistics sector
ContractSupply

Texmaco rail & engineering · client: Ultratech cement ltd

Texmaco Rail & Engineering Ltd on Friday said it has secured an order worth Rs 86.85 crore from UltraTech Cement Ltd for the supply of specialised freight wagons and brake vans.

M&A

Icici prudential mutual fund acquires Asian paints

Mukesh Ambani-led Reliance Industries (RIL) on Monday sold 85 lakh shares in India's largest paint company Asian Paints via a block deal which was worth Rs 1,876 crore.

M&AAcquisition

Adani acquires Ambuja cement

In the Adani-Holcim (Ambuja Cement) acquisition, regulatory clearance from CCI was a major CP due to potential market dominance.

M&AAcquisition · Announced

Severfield plc acquires Jssl

Severfield plc, the market leading structural steel group, today announces that the Group has entered into a share purchase option agreement (the 'Option Agreement') with JSW Steel…

Structural steel
M&AAcquisition · Announced

Jsw steel acquires JSW Severfield Structures

JSW Steel entered into a Share Purchase Option Agreement with Severfield plc and its affiliates to acquire up to an additional 24.9% equity stake in JSW Severfield Structures Ltd (JSSL).

Steel Construction
M&AAcquisition · Completed

Na acquires Asian paints

Another major disinvestment in the paint sector came in mid-June when Reliance Industries sold its 4.52 percent stake in Asian Paints. In two block deals, Reliance Industries sold 4.35…

M&AAcquisition · Completed

Akzo Nobel India acquires Asian paints

Asian Paints Limited has sold its entire 4.42% stake in Akzo Nobel India Limited.

M&AAcquisition · Completed

EastSpring Investments India, ICICI Prudential Mutual Fund acquires Asian paints

Asian Paints, the country’s largest paint maker, on Wednesday, sold its entire 4.42% shareholding in AkzoNobel India for Rs 734 crore.

Paints
M&AAcquisition · Completed

Asian paints acquires White teak

10 months ago Asian Paints said that it has acquired balanced 40% stake in Obgenix Software (White Teak) from its promoters, Pawan Mehta, Gagan Mehta for total consideration of Rs 188 crore.

Paints & Coatings

Building materials companies in Maharashtra, by revenue

Browse building materials companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 175 building materials companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Manufacturer of grey cement, ready-mix concrete, and white cement

Building materials
₹76,699.30 crFY 2024-25
+7%2024–2025
29,523-67% 12 mo to Sep 2024LinkedIn · Jul 2026
43 yr1983
0none in 3 months · last posted Jun 2026

Manufacturer of industrial and decorative paints

Building materials
₹36,182.69 crFY 2023-24
Not reported
27,706+18% 12 mo to Mar 2024LinkedIn · Jul 2026
84 yr1942
84postings · last posted Sep 2026

Manufacturer & exporter of coated steel sheets products for roofing

Building materials
₹34,517.38 crFY 2024-25
+1%2024–2025
2,301-6% 12 mo to Nov 2023recorded Nov 2023
10 yr2016
0none in 3 months

Manufactures adhesives and sealants

Building materials
₹12,522.64 crFY 2023-24
Not reported
11,070+9% 12 mo to Mar 2024LinkedIn · Jul 2026
67 yr1959
0none in 3 months · last posted Jun 2026

Distributor of cement, ready-mix concrete, and modern building materials

Building materials
₹10,376.10 crFY 2024-25
-4%2024–2025
3,282+1% 12 mo to Aug 2024recorded Aug 2024
27 yr1999
0none in 3 months

Manufacturer of industrial and decorative paints

Building materials
₹7,893.32 crFY 2023-24
Not reported
4,011+6% 12 mo to Jul 2024recorded Jul 2024
106 yr1920
3postings · last posted Aug 2026

Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete

Building materials
₹5,914.66 crFY 2024-25
-3%2024–2025
2,887-2% 12 mo to Nov 2023LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer of PVC pipes and fittings for plumbing and agriculture

Building materials
₹4,388.60 crFY 2024-25
Not reported
2,025LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Manufacturer & supplier of steel tile, roof & wall cladding, and steel products

Building materials
₹4,268.87 crFY 2024-25
+0%2024–2025
842recorded
21 yr2005
0none in 3 months

Distributor and marketer of steel and non-ferrous metals

Building materials
₹1,712.68 crFY 2021-22
Not reported
34+5% 12 mo to Sep 2024LinkedIn · Jul 2026
53 yr1973
—No postings tracked

Manufacturer of QST steel bars, wire rods, cut length bars, and stirrups.

Building materials
₹1,743.77 crFY 2024-25
+11%2024–2025
72LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Metaroll - The Power of Steel

Building materials
₹1,672.52 crFY 2024-25
+7%2024–2025
158LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Manufacturer of flooring tiles for construction industry

Building materials
₹1,496.13 crFY 2024-25
+2%2024–2025
730+120% 12 mo to Sep 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Manufacturer of TMT bars for construction

Building materials
₹1,317.49 crFY 2021-22
+66%2021–2022
—Not available
23 yr2003
0none in 3 months

Manufacturer of paints

Paints and coatings
₹1,359.17 crFY 2024-25
+3%2024–2025
993+14% 12 mo to Mar 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Apr 2026

Provider of steel design and engineering products

Building materials
₹1,132.20 crFY 2024-25
-17%2024–2025
688+5% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer of adhesives, coatings, gypsum plasters, and other products

Building materials
₹1,118.26 crFY 2024-25
-3%2024–2025
211-18% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Manufacturer & supplier of polyvinyl chloride (PVC) based products

Building materials
₹989.71 crFY 2022-23
Not reported
317+2% 12 mo to Oct 2023LinkedIn · Jul 2026
44 yr1982
3postings · last posted Jul 2026

Manufacturer of wood finishes, coatings, and construction chemicals

Building materials
₹824.71 crFY 2021-22
Not reported
615+3% 12 mo to Aug 2024recorded Aug 2024
63 yr1963
—No postings tracked

Manufacturer & distributor of marbles, granites, and travertines

Building materials
₹923.58 crFY 2024-25
-1%2024–2025
497+9% 12 mo to Sep 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months · last posted Apr 2026

Manufacturer of aluminium formwork solutions for real estate and infrastructure projects

Building materials
₹912.72 crFY 2024-25
+301%2024–2025
687LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Supplier of materials providing thermal and acoustic resistance for various applications

Building materials
₹827.80 crFY 2024-25
+18%2024–2025
—Not available
31 yr1995
0none in 3 months

Manufacturer & distributor of cement, concrete, admixture, and other building materials

Building materials
₹824.12 crFY 2024-25
+3%2024–2025
1LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Provider of steel and power products

Building materials
₹803.16 crFY 2024-25
+2%2024–2025
303LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Manufacturer of fencing products for buildings

Building materials
₹706.88 crFY 2024-25
+41%2024–2025
360+3% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted Jun 2026
50 of 473 companies shown here · the full list is on Radar
Fliar Radar

Explore all 473 building materials companies in Maharashtra on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open building materials in Maharashtra on Radar
  • Every company, not just 50All 473 building materials companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore building materials companies in Maharashtra by what you are looking for

Browse top building materials companies in Maharashtra, from cement and steel makers to building materials suppliers and manufacturers. You can also find building material startups in Maharashtra and companies that are hiring.

9 ways to explore building materials in Maharashtra

Cement, steel & concrete suppliersGreen & sustainable building materials companiesBuilding materials suppliers & online storesConstruction chemicals, paints & coatings companiesDoors, windows, glass & roofing companiesInteriors, flooring, tiles & sanitaryware companies

Cement, steel & concrete suppliers

Manufacturers and suppliers of cement, concrete, steel and metal products for construction.

  1. Ultra Tech Cement

    Manufacturer of grey cement, ready-mix concrete, and white cement

    Building materials
    See in list
  2. Metarolls

    Metaroll - The Power of Steel

    Building materials
    See in list
  3. Eurobond

    Manufacturer & supplier of aluminium composite panels

    Building materials
    See in list
  4. Zara Globe Solutions

    Provider of high-performance solutions for industrial infrastructure

    Building materials
    Website
  5. bestall sharp group

    Bestall Sharp Group engages in the fabrication of steel components for the sugar and cement industry.

    Building materials
    Website

Green & sustainable building materials companies

Companies making eco-friendly and sustainable materials for green buildings.

  1. EcoPro

    Manufacturer and supplier of eco-friendly fiber cement

    Green buildings
    Website
  2. MVivek

    Manufacturer of optic & carbon fiber, graphite, sealing jig, and other products

    Industrial fibers
    Website
  3. Dura Composites

    Manufacturer of glass fiber reinforced polymer rebar, bent rebar, and dowels

    Composites
    Website
  4. MATS

    Manufacturer of eco-friendly insulation materials utilizing microfibers from plant sources

    Building materials
    Website
  5. Zara Globe Solutions

    Provider of high-performance solutions for industrial infrastructure

    Building materials
    Website
19 companies in Maharashtra

Building materials suppliers & online stores

Distributors, suppliers and online marketplaces where you can buy building materials.

  1. Hepo India

    Online marketplace offering building material

    Building materials
    Website
  2. Bathoutlet

    E-distriutor offering furniture and home decor products

    Building materials
    Website
  3. ICPL

    Distributor and marketer of steel and non-ferrous metals

    Building materials
    See in list
  4. Minda Stoneridge Instruments

    Supplier of materials providing thermal and acoustic resistance for various applications

    Building materials
    See in list
  5. Art Infrastructure

    Supplier of paving grade bitumen and value added bitumen products

    Building materials
    See in list

Construction chemicals, paints & coatings companies

Makers of waterproofing chemicals, adhesives, sealants, paints and coatings.

  1. Indigo Paints

    Manufacturer of paints

    Paints and coatings
    See in list
  2. Sakshi Chem Sciences

    Manufacturer of construction chemicals

    Building materials
    Website
  3. Guard Speciality Products

    Manufacturer of protecting, cleaning, maintaining, treating, and decorating surfaces products

    Building materials
    Website
  4. JSW Paints

    Provider painting services

    Building materials
    Website
  5. Nikhil Adhesives

    Manufacturer of paints & textiles emulsions and adhesives

    Building materials
    See in list

Doors, windows, glass & roofing companies

Manufacturers of doors, windows, glass, roofing sheets and facade systems.

  1. Eurobond

    Manufacturer & supplier of aluminium composite panels

    Building materials
    See in list
  2. Oralium

    Manufacturer of aluminum roofing sheets

    Building materials
    Website
  3. TECHNONICOL

    Manufacturer & supplier of roofing, waterproofing, thermal insulation, and sound absorption materials

    Building materials
    Website
  4. WinRoyal Windows and Doors

    Provider of artificial thatch roofs for diverse applications

    Building materials
    Website
  5. Fabastra

    Provider of door and window building products

    Building materials
    Website

Interiors, flooring, tiles & sanitaryware companies

Suppliers of flooring, tiles, sanitaryware, laminates, fittings and home decor products.

  1. Varmora Granito

    Manufacturer of flooring tiles for construction industry

    Building materials
    See in list
  2. Responsive Industries

    Manufacturer & supplier of polyvinyl chloride (PVC) based products

    Building materials
    See in list
  3. Classic Marble Company

    Manufacturer & distributor of marbles, granites, and travertines

    Building materials
    See in list
  4. Associate Decor

    Provider of timber and panel products

    Building materials
    Website
  5. Comet India

    Manufacturer of vitrified tiles in various sizes and technical specifications

    Building materials
    See in list

Building materials startups in Maharashtra

Newer building materials companies founded in recent years.

  1. Onyx Tradelink

    Supplier of ready mix concrete, blocks, and other materials

    Building materials
    Website
  2. Saudharm Trading

    Provider of roofing, fencing, and building materials

    Building materials
    Website
  3. Hanako Infra

    Provider of building materials and related products for construction projects

    Building materials
    Website
  4. CC Precast Solutions

    Manufacturer of precast concrete materials for buildings

    Building materials
    Website
  5. Dura Composites

    Manufacturer of glass fiber reinforced polymer rebar, bent rebar, and dowels

    Composites
    Website
39 companies in Maharashtra

Building materials companies hiring in Maharashtra

Building materials companies with open jobs right now.

  1. Ultra Tech Cement

    Manufacturer of grey cement, ready-mix concrete, and white cement

    Building materials
    See in list
  2. Asian Paints

    Manufacturer of industrial and decorative paints

    Building materials
    See in list
  3. Pidilite

    Manufactures adhesives and sealants

    Building materials
    See in list
  4. Indigo Paints

    Manufacturer of paints

    Paints and coatings
    See in list
  5. Responsive Industries

    Manufacturer & supplier of polyvinyl chloride (PVC) based products

    Building materials
    See in list
18 companies in Maharashtra

Listed building materials companies in Maharashtra

Publicly listed building materials companies.

  1. Ultra Tech Cement

    Manufacturer of grey cement, ready-mix concrete, and white cement

    Building materials
    See in list
  2. Asian Paints

    Manufacturer of industrial and decorative paints

    Building materials
    See in list
  3. Pidilite

    Manufactures adhesives and sealants

    Building materials
    See in list
  4. Nuvoco

    Distributor of cement, ready-mix concrete, and modern building materials

    Building materials
    See in list
  5. Finolex Pipes

    Manufacturer of PVC pipes and fittings for plumbing and agriculture

    Building materials
    See in list
27 companies in Maharashtra
Mobile reach

Top 10 building materials apps from Maharashtra

The most-installed Android apps published by building materials companies headquartered in Maharashtra — 14.2M installs between them. 30 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Colour with Asian Paints

by Asian Paints

Installs9.3M
Rating3.5740K ratings
Installs, year on year+15%
Last updatedJun 2026
View on Google Play ↗
Colour with Asian Paints screenshot 1Colour with Asian Paints screenshot 2Colour with Asian Paints screenshot 3Colour with Asian Paints screenshot 4Colour with Asian Paints screenshot 5Colour with Asian Paints screenshot 6
2

FCC – Fevicol Champions Club

by Pidilite

Installs2.3M
Rating4.023K ratings
Last updatedApr 2026
View on Google Play ↗
FCC – Fevicol Champions Club screenshot 1FCC – Fevicol Champions Club screenshot 2FCC – Fevicol Champions Club screenshot 3FCC – Fevicol Champions Club screenshot 4FCC – Fevicol Champions Club screenshot 5FCC – Fevicol Champions Club screenshot 6
7

Safalta By Quba Group

by Quba Group

Installs53K
Rating—
Last updatedFeb 2025
View on Google Play ↗
Safalta By Quba Group screenshot 1Safalta By Quba Group screenshot 2Safalta By Quba Group screenshot 3Safalta By Quba Group screenshot 4Safalta By Quba Group screenshot 5Safalta By Quba Group screenshot 6
8

Jaali designs for jaali work.

by Jaali.in

Installs40K
Rating5.0230 ratings
Last updatedDec 2024
View on Google Play ↗
Jaali designs for jaali work. screenshot 1Jaali designs for jaali work. screenshot 2Jaali designs for jaali work. screenshot 3Jaali designs for jaali work. screenshot 4Jaali designs for jaali work. screenshot 5Jaali designs for jaali work. screenshot 6
The business behind the activity

Building materials financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 163 building materials companies in Maharashtra for FY24-25 — 191 of the 473 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 81% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹166,037.72 cr

163 companies filing accounts

combined net profit₹10,184.33 cr

6.1% aggregate margin

are profitable82%

134 of 163 companies

median revenue~₹41.9 cr

the typical company

median revenue growth+7%

into FY24-25

earned by the top five81%

revenue concentration

Six-year view

Combined revenue of filing companies

₹86,522.10 crFY19-20148 filers
₹91,678.01 crFY20-21154 filers
₹128,761.54 crFY21-22160 filers
₹145,580.88 crFY22-23166 filers
₹168,898.95 crFY23-24170 filers
₹166,037.72 crFY24-25163 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 152 companies over three years

+14%
FY22-23₹144,521.69 cr₹8,094.36 cr net
FY23-24₹160,140.18 cr₹11,154.66 cr net
FY24-25₹164,956.35 cr₹10,128.77 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr922% profitable
₹1–10 cr2264% profitable
₹10–100 cr8388% profitable
₹100–1,000 cr3792% profitable
Over ₹1,000 cr1292% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking52
0–20%64
20–50%24
50–100%8
Doubled+8

156 companies with accounts for both years; median growth +7%.

Profitability

Profit is concentrated at the top

134profitable
29loss-making
6.1%aggregate margin
2.4%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Sterling BuildconSTERLING BUILDCON PRIVATE LIMITED₹25.39 cr
Central India VeneerCENTRAL INDIA VENEERS PRIVATE LIMITED+155%₹38.76 cr
SunzoneSUNZONE SPORTS & PLAY PRIVATE LIMITED₹35.27 cr
Chaneyca RefratechCHANEYCO REFRATECH PRIVATE LIMITED
AlccotechALCCOTECH BUILDING MATERIALS PRIVATE LIMITED₹22.72 cr
Uroneel IndiaURONEEL INDIA PRIVATE LIMITED₹21.67 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Sterling BuildconSTERLING BUILDCON PRIVATE LIMITED₹25.39 cr
PAREPARE INNOVATIONS PRIVATE LIMITED24.2%₹80.92 cr
Finolex PipesFINOLEX INDUSTRIES LIMITED17.7%₹4,390.22 cr
Shardashree IspatSHARDASHREE ISPAT LIMITED₹125.31 cr
PidilitePIDILITE INDUSTRIES LIMITED16.8%₹12,367.04 cr
Krishna Conchem ProductsKRISHNA CONCHEM PRODUCTS PRIVATE LIMITED16.2%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Building materials160₹164,742.35 cr~₹44.5 cr83%6.1%
Leaders

Largest building materials companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Ultra Tech CementULTRATECH CEMENT LIMITED₹72,588.39 cr₹6,192.63 cr8.5%+5%
JSW SteelJSW STEEL COATED PRODUCTS LIMITED₹34,517.38 cr₹489.73 cr1.4%+1%
PidilitePIDILITE INDUSTRIES LIMITED₹12,367.04 cr₹2,073.83 cr16.8%+9%
NuvocoNUVOCO VISTAS CORPORATION LIMITED₹8,741.03 cr₹40.48 cr0.5%-4%
JSW CementJsw Cement Limited₹5,669.70 cr₹101.91 cr1.8%-5%
Finolex PipesFINOLEX INDUSTRIES LIMITED₹4,390.22 cr₹777.86 cr17.7%-2%
Tata BlueScope SteelTATA BLUESCOPE STEEL PRIVATE LIMITED₹4,268.87 cr₹62.17 cr1.5%+0%
ICPLINDU CORPORATION PRIVATE LIMITED₹1,772.02 cr₹13.86 cr0.8%+12%
Varmora GranitoVarmora Granito Limited₹1,363.91 cr₹28.83 cr2.1%+3%
Indigo PaintsIndigo Paints Limited₹1,294.65 cr₹143.94 cr11.1%+2%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Building materials funding and M&A across India

78 recorded equity rounds have gone to 3,034 building materials companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months5

US$49.11m

raised over five yearsUS$459.97m

31 rounds in India

M&A deals, Maharashtra101

last 24 months

Capital by year

Equity funding into building materials in India

amount rounds
$58m20182
$1.1m20192
$020202
$231m20217
$109m20228
$44m20237
$28m20244
$49m20255

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$230.73m across 7 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.24m5 rounds · median US$36k
SeedUS$19.64m10 rounds · median US$1.64m
Series AUS$41.24m8 rounds · median US$4.44m
Series BUS$59.60m3 rounds · median US$20.03m
Series CUS$65.49m2 rounds · median US$32.74m
Series D+US$272.76m2 rounds · median US$136.38m
Where the money went · five years

Most-funded sub-sectors

Building materialsUS$429.67m29 rounds · 19 companies
Household durablesUS$30.29m1 rounds · 1 companies
Home improvementsUS$13k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in Maharashtra

84Acquisition
15Merger
1Undisclosed

Most active acquirers

  1. Ambuja cements35
  2. Ultratech cement19
  3. Jsw paints18
  4. Nuvoco vistas7
  5. Pidilite Industries3

Most acquired or merged

  1. Akzo Nobel India9
  2. Asian paints7
  3. AkzoNobel India5
  4. Sanghi industries4
  5. Orient cement4

Each deal appears in the events strip at the top of the page.

Building materials funding in Maharashtra

6 building materials companies in Maharashtra have recorded equity funding, US$273.71m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind building materials companies in Maharashtra. 93 of 473 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra building materials companies by sub-sector

The most common specialisations among building materials companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring building materials in India and nearby markets.

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