Company lists
The Morbi edition · 2026

Building materialscompanies in Morbi

Tiles, sanitaryware, marble & stone, panels & laminates, construction materials and more: the companies building building materials in Morbi, with their founders, funding, team size and business models.

256 company profiles127 with reported revenue0 with recorded fundingOctober 2026 edition
Morbi · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent building materials business events in India

Funding, M&A, contract wins and launches involving 3,034 building materials companies in India, last 24 months: 197 M&A deals · 122 Contracts · 19 launches · 12 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractSupply

Marvel decor · client: Na

Marvel Decor Ltd shares rallied sharply on Wednesday after the company announced that it had secured a ₹1.17 crore export order from the Middle East for the supply and installation of…

Window blinds and shading solutions
M&AAcquisition · Completed

Cumi acquires Awuko

AWUKO, a traditional company from Hann, over 120 years old. Münden, was acquired by CUMI from insolvency in December.

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…

ContractSupply

Na · client: Greenply industries

Greenply Industries Limited has commissioned its second Power Purchase Agreement (PPA) at the Vadodara manufacturing facility, drawing electricity from a mix of renewable sources.

Manufacturing
M&AAcquisition · Announced

Dalmia bharat acquires Jaiprakash Associates

Dalmia Bharat Ltd has successfully negotiated the acquisition of Jaiprakash Associates Ltd's (JAL) cement assets, marking a significant development following the Adani Group's takeover…

Cement
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
Contract

Carborundum universal · client: Na

Private company Carborundum Universal Limited's 30-year contract expired in December 2024.

LaunchAgentic Mobile Protocol (AMP)

ANT International

Ant International CEO Peng Yang shares the company’s global strategy for the era of AI commerce and launches its open-sourced Agentic Mobile Protocol (AMP) at the MoMents 2026 fintech…

Protocol
ContractSupply

Bondada Engineering · client: Ambuja cements

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
M&AAcquisition · Announced

Tata steel acquires Anglo-Dutch Steel Manufacturer Company Corus Group PLC

In 2007, Tata Steel had acquired Anglo-Dutch Steel Manufacturer Company Corus Group PLC in USD 12 billion.

ContractGovernment

Jk cement · client: Government of Rajasthan

JK Cement has been declared the 'Preferred Bidder' for the mining lease of Maliyakheri Limestone Block-I, located in Chittorgarh, Rajasthan.

Mining
M&AAcquisition · Completed

Star cement acquires Jaitaran Renewable Power Private Limited

Star Cement Limited has announced the acquisition of 100% shareholding in Jaitaran Renewable Power Private Limited (JRPPL) through its subsidiary, Star Cement North East Limited (SCNEL).

Energy and Power
M&AAcquisition · Completed

Tata steel acquires TP Adarsh Limited

Tata Steel has formally completed the acquisition of a 26 percent stake in TP Adarsh Limited by subscribing to 59,00,000 equity shares of face value Rs. 10 each.

Renewable Energy
ContractTechnology

Sms group · client: Tata steel

Tata Steel and SMS Group signed a memorandum of understanding to decarbonize the ironmaking process in June 2023.

ContractTechnology

Paul Wurth · client: Tata steel

India’s leading steel manufacturer, Tata Steel, has entered into definitive agreements with Paul Wurth, S.A (Luxembourg), part of the SMS Group GmbH, for the implementation of the…

Steel manufacturing
M&AAcquisition · Announced

Star cement acquires Nitesh Minerals

Mumbai: Star Cement, a subsidiary of UltraTech Cement, has entered into a definitive agreement to acquire a 100% stake in Nitesh Minerals for ₹ 17.19 crorek, the company said in a press…

Mining
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
Contract

Greenline logistics · client: Dalmia cement bharat

Shri Anand Mimani, CEO, GreenLine, said, “We are proud to partner with Dalmia Cement in their emissions reduction journey by decarbonising their heavy trucking and will be investing ~INR…

Logistics
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
ContractSupply

Sunsure energy · client: Wonder cement

Sunsure Energy, a provider of round-the-clock renewable energy solutions for businesses and utilities, has signed three long-term solar open-access power purchase agreements (PPAs) with…

Energy
ContractInfrastructure

Shree cement · client: Na

The board of Shree Cement has approved the establishment of a new integrated cement plant in Meghalaya. ... Total Investment: Approximately ₹1,800 crore; and expected completion by March…

Cement
M&AMerger · Announced

Ambuja cements ltd acquires Sanghi industries

Sanghi Industries Ltd: The company would turn ex-date for its amalgamation. According to an exchange filing, the company has set April 6 as the record date to determine the shareholders…

M&AAcquisition · Pending

Kajaria ceramics acquires Kajaria Surfaces

Kajaria Ceramics acquires balance 10% stake in Kajaria Surfaces. Consequently, Kajaria Surfaces has become a wholly-owned subsidiary of the Company. The purpose of the acquisition was to…

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
M&AAcquisition · Completed

Good Team Investment and Trading Company Private Limited acquires Orient bell

The promoter group entity acquired 1,650 additional shares of Orient Bell Limited on March 4, 2026, through open market purchase.

Tires

Building materials companies in Morbi, by revenue

Browse building materials companies in Morbi 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 127 building materials companies in Morbi 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 ceramic products, marble stone, and concrete products

Building materials
₹1,435.75 crFY 2022-23
Not reported
268+50% vs previous recordLinkedIn · Jul 2026
49 yr1977
—No postings tracked

Manufacturer and exporter of porcelain stoneware floor tiles

Building materials
₹854.56 crFY 2024-25
+32%2024–2025
—Not available
20 yr2006
0none in 3 months

Supplier and distributor of large format wall and floor tiles

Building materials
₹578.17 crFY 2024-25
+4%2024–2025
201LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Tile manufacturer and exporter

Building materials
₹453.07 crFY 2024-25
+1%2024–2025
65LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Manufacturer of marble, sanitaryware, and ceramic products

Building materials
₹449.80 crFY 2024-25
-10%2024–2025
18-5% 12 mo to Sep 2024recorded Sep 2024
17 yr2009
0none in 3 months

Manufacturer of vitrified tiles

Building materials
₹372.01 crFY 2024-25
+2%2024–2025
123-6% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Manufacturer and exporter of decorative ceramic tiles

Building materials
₹366.19 crFY 2024-25
+1%2024–2025
25-11% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
0none in 3 months

Manufacturer of ceramic tiles and porcelain products

Building materials
₹253.63 crFY 2024-25
-5%2024–2025
11LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer and exporter of quality vitrified tiles in various types

Building materials
₹248.31 crFY 2024-25
+5%2024–2025
23LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Manufacturer of ceramic tiles

Building materials
₹233.77 crFY 2024-25
+16%2024–2025
15+15% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
0none in 3 months

Manufacturer of double charge vitrified tiles offering a distinctive way to enhance decor aesthetics

Building materials
₹228.97 crFY 2024-25
-14%2024–2025
23-12% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of high-quality ceramic wall tiles, marble tiles, full-body tiles, and wooden strip tiles

Building materials
₹216.21 crFY 2024-25
+8%2024–2025
—Not available
9 yr2017
0none in 3 months · last posted Apr 2026

Manufacturer and exporter of digital wall tiles

Building materials
₹178.61 crFY 2024-25
-4%2024–2025
20-9% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Manufacturer of tiles

Building materials
₹178.49 crFY 2024-25
+4%2024–2025
20-14% vs previous recordLinkedIn · Jul 2026
29 yr1997
0none in 3 months

Manufacturer and exporter of porcelain slabs and tiles

Building materials
₹165.76 crFY 2024-25
Not reported
23LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Producer and exporter of tiles, offering a wide range of designs and finishes

Building materials
₹162.01 crFY 2024-25
-6%2024–2025
16LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer and exporter of double charged vitrified tiles, full body multi charged vitrified tiles, and full body vitrified tiles in various sizes

Building materials
₹139.86 crFY 2021-22
Not reported
21+5% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Manufacturer of ceramic tiles with a focus on digital wall tiles, floor tiles, and bathroom tiles

Building materials
₹138.57 crFY 2021-22
Not reported
14+75% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Manufacturer of porcelain wall cladding tiles and stone cladding tiles

Building materials
₹155.19 crFY 2024-25
-18%2024–2025
69+0% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Manufacturer of range of floor and wall tiles in various sizes and materials

Building materials
₹141.89 crFY 2024-25
+653%2024–2025
7LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer & supplier of ceramic tiles for buildings

Building materials
₹130.88 crFY 2024-25
-1%2024–2025
22LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer and exporter that offers a range of tile products

Building materials
₹127.92 crFY 2024-25
-12%2024–2025
39LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of high-quality ceramic tiles

Building materials
₹125.61 crFY 2024-25
-4%2024–2025
23+12% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of digital porcelain tiles offering a wide range of premium vitrified tiles at unbeatable prices

Building materials
₹106.55 crFY 2021-22
Not reported
36+0% 12 mo to Aug 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer of double charged vitrified tiles and nano vitrified tiles

Building materials
₹113.79 crFY 2024-25
+29%2024–2025
3LinkedIn · Jul 2026
10 yr2016
0none in 3 months
50 of 256 companies shown here · the full list is on Radar
Fliar Radar

Explore all 256 building materials companies in Morbi on Radar

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

Open building materials in Morbi on Radar
  • Every company, not just 50All 256 building materials companies in Morbi, 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 Morbi by what you are looking for

Browse top building materials companies in Morbi, from ceramic and vitrified tile makers to sanitaryware manufacturers. Find building materials startups in Morbi and tile companies hiring in Morbi.

6 ways to explore building materials in Morbi

Ceramic & vitrified tile manufacturersSanitaryware & bathroom product makersMarble, granite & stone product companiesWood composite panels, laminates & interior productsConstruction materials suppliers & distributorsBuilding materials startups in Morbi

Ceramic & vitrified tile manufacturers

Manufacturers and exporters of floor tiles, wall tiles and porcelain tiles.

  1. Simpolo

    Manufacturer of ceramic products, marble stone, and concrete products

    Building materials
    See in list
  2. Icon Granito

    Manufacturer and exporter of porcelain stoneware floor tiles

    Building materials
    See in list
  3. Lavish Ceramics

    Tile manufacturer and exporter

    Building materials
    See in list
  4. Simero

    Manufacturer of vitrified tiles

    Building materials
    See in list
  5. Aajveto Manufacturing

    Manufacturer of ceramic tiles

    Building materials
    See in list

Sanitaryware & bathroom product makers

Makers of sanitaryware, ceramics and plumbing fixtures.

  1. Meldyceramika

    Manufacturer and exporter of ceramic and porcelain tiles and sanitaryware

    Building materials
    Website
  2. Swede Sanitarywares

    Manufacturer of sanitaryware

    Building materials
    Website
  3. ORIO

    Manufacturer and exporter of bathroom fittings

    Building materials
    Website
  4. ARBO

    Manufacturer and supplier of bathware products

    Building materials
    Website
  5. Waterjet Polymer

    Manufacturer of pipes and fittings

    Building materials
    Website

Marble, granite & stone product companies

Manufacturers of marble, granite and engineered stone products.

  1. Simpolo

    Manufacturer of ceramic products, marble stone, and concrete products

    Building materials
    See in list
  2. Asiano ceramic

    Manufacturer of porcelain tiles, marble & granite slab tiles, mosaic tiles, wooden strips

    Building materials
    Website
  3. RadheShyam

    Retailer of ceramic, granite, and stone tiles for flooring applications

    Building materials
    Website
  4. Essence Tiles

    Provider of high-quality ceramic wall tiles, marble tiles, full-body tiles, and wooden strip tiles

    Building materials
    See in list
  5. Clay Stone

    Producer and exporter of tiles, offering a wide range of designs and finishes

    Building materials
    See in list

Wood composite panels, laminates & interior products

Suppliers of laminates, composite panels and home decor materials.

  1. Envitect

    Manufacturer and supplier of aluminium composite panels

    Building materials
    Website
  2. Shubhwood

    Provider of wood composite panels and components

    Building materials
    Website
  3. OM Laminates

    Manufacturer and supplier of high-quality decorative laminate sheets designed for interior applications

    Building materials
    Website
  4. Italica Tiles

    Supplier and distributor of large format wall and floor tiles

    Building materials
    See in list
  5. Rotolam

    Manufacturer of decorative high-pressure laminates for residential and commercial applications

    Building materials
    See in list

Construction materials suppliers & distributors

Suppliers and distributors of general construction and building materials.

  1. Italica Tiles

    Supplier and distributor of large format wall and floor tiles

    Building materials
    See in list
  2. Simola

    Manufacturer of vitrified tiles for indoor and outdoor applications

    Building materials
    See in list
  3. Silventa Ceramic Tiles

    Supplier of tiles

    Building materials
    Website
  4. Veto Ceramic

    Provider of construction products and materials

    Building materials
    Website
  5. Spenzen ceramic

    Home | SPENZEN CERAMIC PVT. LTD.

    Building materials
    Website

Building materials startups in Morbi

Recently founded building materials companies in Morbi.

  1. Gresart Ceramica

    Manufacturer & supplier of ceramic tiles for buildings

    Building materials
    See in list
  2. Mozilla Granito

    Manufacturer of high-quality floor and wall tiles, providing a wide range of durable and aesthetically pleasing tile options

    Building materials
    Website
  3. Shukan Ceramic

    Manufacturer and exporter of porcelain rectified tiles

    Building materials
    Website
  4. Marazen

    Company that offers a range of products and services, including furniture, e-commerce solutions, and logistics, catering to various industries

    Building materials
    Website
  5. Decus Ceramica

    Exporter specializing in tiles and sanitaryware products

    Building materials
    Website
10 companies in Morbi
Mobile reach

Top 4 building materials apps from Morbi

The most-installed Android apps published by building materials companies headquartered in Morbi — 7K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
1

Simpolo Merchandising MMI

by Simpolo

Installs4K
Rating—
Last updatedMay 2026
View on Google Play ↗
Simpolo Merchandising MMI screenshot 1Simpolo Merchandising MMI screenshot 2Simpolo Merchandising MMI screenshot 3Simpolo Merchandising MMI screenshot 4Simpolo Merchandising MMI screenshot 5Simpolo Merchandising MMI screenshot 6
3

Rotolam Laminates

by Rotolam

Installs2K
Rating—
Last updatedOct 2021
View on Google Play ↗
Rotolam Laminates screenshot 1Rotolam Laminates screenshot 2Rotolam Laminates screenshot 3Rotolam Laminates screenshot 4Rotolam Laminates screenshot 5Rotolam Laminates screenshot 6
4

ARBO MART

by ARBO

Installs72
Rating—
Last updatedApr 2026
View on Google Play ↗
ARBO MART screenshot 1ARBO MART screenshot 2ARBO MART screenshot 3ARBO MART screenshot 4ARBO MART screenshot 5ARBO MART screenshot 6
The business behind the activity

Building materials financials in Morbi

Revenue, profit and growth from the filed annual accounts of 125 building materials companies in Morbi for FY24-25 — 138 of the 256 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 24% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹11,123.96 cr

125 companies filing accounts

combined net profit₹121.44 cr

1.1% aggregate margin

are profitable74%

93 of 125 companies

median revenue~₹53.6 cr

the typical company

median revenue growth-7%

into FY24-25

earned by the top five24%

revenue concentration

Six-year view

Combined revenue of filing companies

₹6,810.30 crFY19-20133 filers
₹7,649.21 crFY20-21132 filers
₹9,253.83 crFY21-22134 filers
₹10,485.61 crFY22-23133 filers
₹11,724.86 crFY23-24134 filers
₹11,123.96 crFY24-25125 filers

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

Like-for-like

The same 124 companies over three years

+8%
FY22-23₹10,294.11 cr₹142.26 cr net
FY23-24₹11,496.36 cr₹146.83 cr net
FY24-25₹11,123.10 cr₹121.00 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 cr633% profitable
₹1–10 cr617% profitable
₹10–100 cr8375% profitable
₹100–1,000 cr3093% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking85
0–20%24
20–50%9
50–100%2
Doubled+5

125 companies with accounts for both years; median growth -7%.

Profitability

Profit is concentrated at the top

93profitable
32loss-making
1.1%aggregate margin
0.7%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
Landgrace CeramicLANDGRACE CERAMIC PRIVATE LIMITED+653%₹141.89 cr
Harisun CeramicHARISUN CERAMIC PRIVATE LIMITED+187%₹47.73 cr
Sunfame CeramicSUNFAME CERAMIC PRIVATE LIMITED
Savino Ceramic Pvt LtdSAVINO CERAMIC PRIVATE LIMITED+130%₹17.21 cr
Seron GranitoSERON GRANITO PRIVATE LIMITED+72%₹190.17 cr
SimstoneSIMSTONE CERAMIC PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
WintelWIN-TEL CERAMICS PRIVATE LIMITED9.2%₹253.63 cr
MozartMOZART VITRIFIED PRIVATE LIMITED4.0%₹127.92 cr
Motto GroupMOTTO TILES PRIVATE LIMITED3.4%₹48.74 cr
SimstoneSIMSTONE CERAMIC PRIVATE LIMITED
Italica TilesITALICA GRANITO PRIVATE LIMITED3.2%₹578.17 cr
SimeroSIMERO VITRIFIED PRIVATE LIMITED3.1%₹370.83 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Building materials125₹11,123.96 cr~₹53.6 cr74%1.1%
Leaders

Largest building materials companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Icon GranitoICON GRANITO PRIVATE LIMITED₹854.56 cr₹22.62 cr2.6%+32%
Italica TilesITALICA GRANITO PRIVATE LIMITED₹578.17 cr₹18.37 cr3.2%+4%
Lavish CeramicsLAVISH GRANITO PRIVATE LIMITED₹453.07 cr₹10.50 cr2.3%+1%
ITACA SolutionsITACA CERAMIC PRIVATE LIMITED₹449.80 cr₹13.29 cr3.0%-10%
SimeroSIMERO VITRIFIED PRIVATE LIMITED₹370.83 cr₹11.58 cr3.1%+1%
Commander vitrifiedCOMMANDER VITRIFIED PRIVATE LIMITED₹366.19 cr₹8.79 cr2.4%+1%
WintelWIN-TEL CERAMICS PRIVATE LIMITED₹253.63 cr₹23.36 cr9.2%-5%
ZealtopZEALTOP GRANITO PRIVATE LIMITED₹248.31 cr₹1.23 cr0.5%+5%
Sparten GranitoSPARTEN GRANITO PRIVATE LIMITED₹3.71 cr1.5%-28%
Aajveto ManufacturingAAJVETO MANUFACTURING PRIVATE LIMITED₹233.77 cr₹2.67 cr1.1%+16%
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 Morbi 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, India197

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 India

167Acquisition
26Merger
2Takeover

Most active acquirers

  1. Ambuja cements35
  2. Tata steel27
  3. Ultratech cement19
  4. Jsw paints18
  5. Jk cement8

Most acquired or merged

  1. Orient cement16
  2. Akzo Nobel India9
  3. Sanghi industries7
  4. Asian paints7
  5. AkzoNobel India5

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

Founders and momentum in Morbi

Meet the people behind building materials companies in Morbi. 15 of 256 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring building materials in India and nearby markets.

Coming soon