Company lists
The Mumbai edition · 2026

Building materialscompanies in Mumbai

Cement & steel, flooring & tiles, doors & windows, chemicals & paints, plumbing & fittings and more: the companies building building materials in Mumbai, Maharashtra, with their founders, funding, team size and business models.

242 company profiles102 with reported revenue3 with recorded fundingOctober 2026 edition
Mumbai · 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: 200 M&A deals · 123 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 TPAL

Tata Steel has executed the share subscription and shareholders’ agreement (SSSA) with Tata Power Renewable Energy (TPREL) and TP Adarsh (TPAL) and completed the acquisition, by way of…

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

Star Cement, a subsidiary of UltraTech Cement, has entered into a definitive agreement to acquire a 100% stake in Nitesh Minerals for ₹ 17.19 crore

Limestone 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 Mumbai, by revenue

Browse building materials companies in Mumbai 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 102 building materials companies in Mumbai, 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
36postings · 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

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 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

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 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

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

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

Provider of concrete solutions through a wide range of products and services

Building materials
₹686.36 crFY 2024-25
+8%2024–2025
368+31% 12 mo to Sep 2024recorded Sep 2024
22 yr2004
0none in 3 months

Manufacturer of paints & textiles emulsions and adhesives

Building materials
₹585.15 crFY 2024-25
+4%2024–2025
175recorded
40 yr1986
0none in 3 months

Manufacturer of bituminous products designed for roadways, highways, and airport runways

Building materials
₹545.16 crFY 2024-25
+72%2024–2025
53LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Feb 2026

Manufacturer of vitrified tiles in various sizes and technical specifications

Building materials
₹480.56 crFY 2023-24
Not reported
37LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer of high-strength steel pipes

Building materials
₹432.23 crFY 2024-25
-44%2024–2025
172LinkedIn · Jul 2026
21 yr2005
0none in 3 months · last posted Jun 2026

Manufacturer & supplier of aluminium composite panels

Building materials
₹330.89 crFY 2022-23
Not reported
469+19% 12 mo to Jul 2024recorded Jul 2024
23 yr2003
0none in 3 months

Manufacturer & supplier of tiles, mosaic, and marbles

Building materials
₹327.74 crFY 2024-25
-1%2024–2025
519+7% 12 mo to Mar 2023recorded Mar 2023
20 yr2006
0none in 3 months

Provider of routing blades & bent tray panels manufacturing, saw cutting, and welding services

Building materials
₹278.76 crFY 2024-25
+7%2024–2025
140+4% vs previous recordLinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted Jun 2026

Manufacturer of wall putty and ready mix plasters

Building materials
₹272.77 crFY 2024-25
-3%2024–2025
596LinkedIn · Jul 2026
22 yr2004
8postings · last posted Sep 2026
50 of 242 companies shown here · the full list is on Radar
Fliar Radar

Explore all 242 building materials companies in Mumbai on Radar

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

Open building materials in Mumbai on Radar
  • Every company, not just 50All 242 building materials companies in Mumbai, 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 Mumbai by what you are looking for

Find building materials suppliers and manufacturers in Mumbai, from cement and steel to tiles, doors and construction chemicals. You can also browse building materials startups in Mumbai and listed building materials companies.

9 ways to explore building materials in Mumbai

Cement, steel & concrete suppliersTiles, flooring & interior finishesDoors, windows, glass & roofingConstruction chemicals, paints & waterproofingSanitaryware, pipes, plumbing & hardwareBuilding materials suppliers & online marketplaces

Cement, steel & concrete suppliers

Manufacturers of cement, concrete, steel and aluminium construction materials.

  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. JSW Steel

    Manufacturer & exporter of coated steel sheets products for roofing

    Building materials
    See in list
  4. Pidilite

    Manufactures adhesives and sealants

    Building materials
    See in list
  5. Nuvoco

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

    Building materials
    See in list

Tiles, flooring & interior finishes

Tiles, flooring, laminates, wood products and interior finishing materials.

  1. Varmora Granito

    Manufacturer of flooring tiles for construction industry

    Building materials
    See in list
  2. Classic Marble Company

    Manufacturer & distributor of marbles, granites, and travertines

    Building materials
    See in list
  3. Associate Decor

    Provider of timber and panel products

    Building materials
    Website
  4. Comet India

    Manufacturer of vitrified tiles in various sizes and technical specifications

    Building materials
    See in list
  5. NITCO Tiles

    Manufacturer & supplier of tiles, mosaic, and marbles

    Building materials
    See in list

Doors, windows, glass & roofing

Makers of doors, windows, glass, roofing and facade systems.

  1. JSW Steel

    Manufacturer & exporter of coated steel sheets products for roofing

    Building materials
    See in list
  2. A-1 Fence

    Manufacturer of fencing products for buildings

    Building materials
    See in list
  3. Eurobond

    Manufacturer & supplier of aluminium composite panels

    Building materials
    See in list
  4. Gujarat Borosil

    Manufacturer of household products

    Building materials
    Website
  5. FG Glass

    Supplier and manufacturer of fire-rated glass, doors, frames, and glazing

    Building materials
    See in list

Construction chemicals, paints & waterproofing

Waterproofing, adhesives, paints, coatings and other construction chemicals.

  1. Sound Build Care

    Manufacturer of construction chemicals including plasters, renders, adhesives, and waterproofing products

    Building materials
    Website
  2. JSW Paints

    Provider painting services

    Building materials
    Website
  3. CWC Chemicals

    Manufacturer of construction chemicals, grinding aids, and pre and post services

    Construction chemicals
    Website
  4. Nikhil Adhesives

    Manufacturer of paints & textiles emulsions and adhesives

    Building materials
    See in list
  5. Sumeru

    Manufacturer of coatings, mortars, putties, tile adhesives, grouts, and sealants

    Building materials
    Website

Sanitaryware, pipes, plumbing & hardware

Sanitaryware, taps, pipes, fittings and hardware for buildings.

  1. Purec Hygiene International

    Internet first brand of sanitaryware, bathroom and accessories

    Water and wastewater management tech
    Website
  2. Collins India

    Manufacturer of glass fittings, sanitary ware, and hardware

    Home furnishing products
    Website
  3. Mega Pipes

    Manufacturer of high-strength steel pipes

    Building materials
    See in list
  4. BOSE

    Provider of architectural fittings and hardware products for retail customers

    Building materials
    Website
  5. Jyoti Architectural

    Manufacturer of interior hardware

    Building materials
    Website

Building materials suppliers & online marketplaces

Suppliers, distributors and online stores for building materials.

  1. Eurobond

    Manufacturer & supplier of aluminium composite panels

    Building materials
    See in list
  2. Hepo India

    Online marketplace offering building material

    Building materials
    See in list
  3. Bathoutlet

    E-distriutor offering furniture and home decor products

    Building materials
    Website
  4. Art Infrastructure

    Supplier of paving grade bitumen and value added bitumen products

    Building materials
    See in list
  5. SCTFL

    Manufacturer and distributor of sheets, plates, rods, tubes, pipes and metal products

    Building materials
    Website

Building materials startups in Mumbai

Newer building materials companies founded in recent years.

  1. Onyx Tradelink

    Supplier of ready mix concrete, blocks, and other materials

    Building materials
    Website
  2. AllHome

    Provider of interior design and architecture planning services

    Building materials
    Website
  3. Eternia

    Provider of premium and durable aluminium windows and doors

    Building materials
    Website
  4. Xportverse

    Supplier of flooring, doors, windows, granite, and other building materials

    Building materials
    Website
  5. Raumplus

    Manufacturer of doors, room dividers, and wardrobe systems

    Building materials
    Website
19 companies in Mumbai

Building materials companies hiring in Mumbai

Building materials companies currently hiring.

  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. Classic Marble Company

    Manufacturer & distributor of marbles, granites, and travertines

    Building materials
    See in list
  5. A-1 Fence

    Manufacturer of fencing products for buildings

    Building materials
    See in list
20 companies in Mumbai

Listed building materials companies in Mumbai

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. Nikhil Adhesives

    Manufacturer of paints & textiles emulsions and adhesives

    Building materials
    See in list
21 companies in Mumbai
Mobile reach

Top 10 building materials apps from Mumbai

The most-installed Android apps published by building materials companies headquartered in Mumbai — 14.1M installs between them. 21 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
6

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
9

Nuvoco ZeroM Unnati

by Nuvoco

Installs20K
Rating—
Last updatedMay 2026
View on Google Play ↗
Nuvoco ZeroM Unnati screenshot 1Nuvoco ZeroM Unnati screenshot 2Nuvoco ZeroM Unnati screenshot 3
The business behind the activity

Building materials financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 97 building materials companies in Mumbai, Maharashtra for FY24-25 — 115 of the 242 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 89% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹151,199.44 cr

97 companies filing accounts

combined net profit₹8,981.65 cr

5.9% aggregate margin

are profitable88%

85 of 97 companies

median revenue~₹60.4 cr

the typical company

median revenue growth+7%

into FY24-25

earned by the top five89%

revenue concentration

Six-year view

Combined revenue of filing companies

₹78,292.69 crFY19-2091 filers
₹83,036.46 crFY20-2192 filers
₹116,842.57 crFY21-2296 filers
₹131,561.70 crFY22-2397 filers
₹153,454.37 crFY23-24101 filers
₹151,199.44 crFY24-2597 filers

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

Like-for-like

The same 89 companies over three years

+14%
FY22-23₹131,231.61 cr₹7,255.88 cr net
FY23-24₹145,462.49 cr₹10,281.41 cr net
FY24-25₹150,144.20 cr₹8,926.24 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 cr520% profitable
₹1–10 cr771% profitable
₹10–100 cr4794% profitable
₹100–1,000 cr2993% profitable
Over ₹1,000 cr989% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking28
0–20%38
20–50%16
50–100%5
Doubled+5

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

Profitability

Profit is concentrated at the top

85profitable
12loss-making
5.9%aggregate margin
2.8%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
SunzoneSUNZONE SPORTS & PLAY PRIVATE LIMITED₹35.27 cr
Tiki Tar and ShellTIKI TAR AND SHELL INDIA PRIVATE LIMITED+72%₹545.16 cr
MCPLManoj Ceramic Limited
Porta Finestra DesignPORTA FINESTRA DESIGN INDIA PRIVATE LIMITED+58%
Polygomma IndustriesPOLYGOMMA INDUSTRIES PRIVATE LIMITED+54%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Sterling BuildconSTERLING BUILDCON PRIVATE LIMITED₹25.39 cr
PidilitePIDILITE INDUSTRIES LIMITED16.8%₹12,367.04 cr
Krishna Conchem ProductsKRISHNA CONCHEM PRODUCTS PRIVATE LIMITED16.2%
Esdee PaintsESDEE PAINTS LIMITED16.0%₹1,041.23 cr
Elegant MarblesELEGANT MARBLES AND GRANI INDUSTRIES LIMITED15.1%₹31.07 cr
4MANN Industries4MANN INDUSTRIES PRIVATE LIMITED14.1%₹278.76 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Building materials96₹151,199.44 cr~₹60.9 cr89%5.9%
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%
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%
JsslJSW SEVERFIELD STRUCTURES LIMITED₹1,043.10 cr−₹7.21 cr-0.7%-18%
Esdee PaintsESDEE PAINTS LIMITED₹1,041.23 cr₹166.29 cr16.0%-1%
Classic Marble CompanyCLASSIC MARBLE COMPANY PRIVATE LIMITED₹923.58 cr₹95.40 cr10.3%-1%
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.

Industry landscape report

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full building materials landscape of Mumbai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the building materials landscape of Mumbai
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 Mumbai 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, India200

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

170Acquisition
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 Mumbai

Meet the people behind building materials companies in Mumbai. 68 of 242 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.

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