Best Chemicals and Materials Companies in India
The 3880 best Chemicals and Materials companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ramcharan.
When you're mapping the best Chemicals and Materials companies in India by disclosed equity funding and recent funding momentum, the numbers land harder than the narrative. This directory tracks 3,880 companies, with $9.6 billion in total disclosed funding across the sector. One unicorn. That figure alone tells you the industry is still consolidating around a handful of serious capital recipients rather than a broad-based funding wave.
HURL anchors the top of the list at $1.4 billion in disclosed funding, a figure that dwarfs every other name here by an order of magnitude. GFCL EV and Gravita India sit in the $117M to $119M range, which I'd call the sector's credible second tier. Below that, names like Ratnaveer ($21M) and Valmetengg ($15M) show a long tail of early-stage players. So the funding distribution is steep. Active investors including ICICI Venture, BIRAC and Brand Capital are shaping where capital flows next, and the 32 chemicals and building materials apps tracked show median install growth of roughly 18% year-over-year, suggesting digital tooling around the sector is gaining real traction. Coverage is thinning, but the hot themes are practical: chemical safety assessments, OSHA standards compliance and portland cement. The operational fundamentals are what matter here, not the hype.
- India's National Fertilizers posts quarterly profit drop on weak demand
- Plastic Recovery July PSC Seeks to Inspire Pet Companies to Act Against Plastic
- Paradeep Phosphates completes merger with Mangalore Chemicals and Fertilizers
Our analysis of 84 Chemicals and Materials companies
$9.3b in tracked funding; 55% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Chemicals and Materials companies in India
| # | Company | Revenue | Disclosed funding | Revenue YoY | Employees | Founder | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Grasim Manufacturer of fabrics and synthetic yarn products 74Patents top 21%Market top 23%Fin. health top 24%Innovation top 25% All 12 signals ▾Patentstop 21% Markettop 23% Fin. healthtop 24% Innovationtop 25% Moattop 26% Fundingtop 30% Producttop 39% Newstop 45% Partnersbottom 48% Growthbottom 45% Techbottom 41% Globalbottom 38% Patents: 54 patents matched (strict assignee match) · 42 filings since 2022 vs 12 in 2017-21 Market: 1,318 employees (top 19% of Chemicals and Materials) · Revenue ~$17.7B rank vs industry peers · Fliar Intelligence Index 74/100 | $17.7B FY2025 | $95M | +13% | 1,318 | — | 35 signals ▼33% Earnings · Announcements · Leadership | 54 patents Advanced processes and additives for high‑tenacity, flame‑retardant, hydrophobic lyocell/regenerated cellulose fibers | 1 expansion |
| 2 | HURL Producer of urea as a fertilizers 76Fin. health top 27%Market top 28%Funding top 28%Moat top 28% All 9 signals ▾Fin. healthtop 27% Markettop 28% Fundingtop 28% Moattop 28% Newstop 36% Growthtop 42% Talentbottom 48% Techbottom 46% Globalbottom 30% Fin. health: Revenue ~$1.9B (FY2024) · Net margin 8.8% Market: 75 employees (top 42% of Food and Agriculture) · Revenue ~$1.9B rank vs industry peers · Fliar Intelligence Index 76/100 | $1.9B FY2025 | $1.4B | +6% | 75 | Arun Gupta Managing Director & CEO | 3 signals Regulatory · Funding · Leadership | — | — |
| 3 | Shyam Metalics Manufacturer of ferro alloy and steel products 72Market top 24%Product top 24%News top 28%Fin. health top 32% All 11 signals ▾Markettop 24% Producttop 24% Newstop 28% Fin. healthtop 32% Fundingtop 33% Techtop 33% Moattop 34% Talentbottom 49% Growthbottom 48% Innovationbottom 46% Globalbottom 32% Market: 3,623 employees (top 9% of Chemicals and Materials) · Revenue ~$1.8B Product: 1 product launch event in 12 mo · 9 distinct product lines rank vs industry peers · Fliar Intelligence Index 72/100 | $1.8B FY2025 | $167M | +15% | 3,623 3,623 → 3,569 (-1%) · sector median -3% | Brij Agarwal Managing Director & Chairman | 37 signals ▲76% Announcements · Earnings · Capital raise | — | 1 job opening |
| 4 | Haldia Petrochemicals Manufacturer of polyethylene products 57Fin. health top 14%Market top 29%Moat top 36%Talent top 38% All 12 signals ▾Fin. healthtop 14% Markettop 29% Moattop 36% Talenttop 38% Growthtop 42% Fundingtop 43% Partnerstop 50% Techbottom 44% Globalbottom 40% Patentsbottom 38% Newsbottom 37% Innovationbottom 18% Fin. health: Revenue ~$1.7B (FY2015) · Net margin 12.9% Market: 1,072 employees (top 21% of Chemicals and Materials) · Revenue ~$1.7B rank vs industry peers · Fliar Intelligence Index 57/100 | $1.7B FY2025 | $46M | +182938% | 1,072 1,072 → 1,868 (+74%) · sector median -3% | Purnendu Chatterjee Founder | 3 signals ▼50% Announcements · Contracts | 5 patents Patents concentrated in chemistry & materials | 1 expansion |
| 5 | Aarti Industries Manufacturer of specialty chemicals, pharmaceutical products, and surfactants 74Partners top 19%Product top 19%Market top 25%Moat top 25% All 13 signals ▾Partnerstop 19% Producttop 19% Markettop 25% Moattop 25% Innovationtop 26% Techtop 28% Patentstop 30% Newstop 32% Fin. healthtop 35% Fundingtop 41% Talenttop 41% Growthbottom 41% Globalbottom 37% Partners: 2 partnership announcements in 12 mo (2 in 24 mo) · 7 contract events in 12 mo Product: 3 distinct product lines · Company stage: Public rank vs industry peers · Fliar Intelligence Index 74/100 | $771M FY2024 | $11M | -4% | 6,655 6,655 → 5,118 (-23%) · sector median -3% | Chandrakant Gogri Founder | 23 signals Earnings · Contracts · Regulatory | 40 patents Synthesis of fluorinated aromatic and nitrile intermediates for pharmaceuticals | 2 awards |
| 6 | Jai 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 -3% | Aditya Jajodia Chairman & Managing Director | — | — | 1 award |
| 7 | JSW 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 -3% | Nilesh Narwekar CEO | 66 signals ▲371% IPO · Earnings · Announcements | — | — |
| 8 | Gravita India Recycler and manufacturer of lead, aluminium, and plastic products 72Funding top 21%Fin. health top 26%Market top 31%Moat top 36% All 9 signals ▾Fundingtop 21% Fin. healthtop 26% Markettop 31% Moattop 36% Talenttop 38% Growthtop 50% Techtop 50% Newsbottom 48% Globalbottom 37% Funding: Raised $117M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) Fin. health: Revenue ~$471M (FY2018) · Net margin 6.0% rank vs industry peers · Fliar Intelligence Index 72/100 | $471M FY2025 | $117M | +23% | 1,927 | Rajat Agrawal Co-Founder & Managing Director | 13 signals ▼63% Earnings · M&A · Capital raise | — | — |
| 9 | Goodluck India Manufacturer of steel and metal products 69Product top 14%Innovation top 20%Moat top 21%Market top 26% All 12 signals ▾Producttop 14% Innovationtop 20% Moattop 21% Markettop 26% Fundingtop 30% Talenttop 33% Partnerstop 40% Fin. healthtop 42% Newsbottom 48% Techbottom 41% Growthbottom 40% Globalbottom 34% Product: 12 distinct product lines · Company stage: Public Innovation: 12 product lines rank vs industry peers · Fliar Intelligence Index 69/100 | $470M FY2025 | $24M | +12% | 3,750 | Mahesh Garg Founder | 9 signals ▼50% Earnings · Contracts · Capital raise | — | — |
| 10 | Pennar Manufacturer of precision-engineered products and building solutions 67Product top 14%Innovation top 20%Market top 30%Funding top 33% All 11 signals ▾Producttop 14% Innovationtop 20% Markettop 30% Fundingtop 33% Moattop 33% Fin. healthtop 36% Talentbottom 49% Techbottom 44% Growthbottom 40% Globalbottom 37% Newsbottom 34% Product: 4 distinct product lines · Company stage: Public Innovation: 4 product lines rank vs industry peers · Fliar Intelligence Index 67/100 | $386M FY2025 | $36M | +3% | 2,227 2,227 → 2,415 (+8%) · sector median -3% | Murali D CEO | 3 signals ▼73% Board | — | 1 award |
| 11 | Laxmi Manufacturer of diversified chemicals 64Product top 14%Innovation top 20%Market top 34%Funding top 34% All 12 signals ▾Producttop 14% Innovationtop 20% Markettop 34% Fundingtop 34% Moattop 34% Partnerstop 38% Fin. healthtop 43% Newstop 49% Talentbottom 49% Growthbottom 45% Globalbottom 37% Techbottom 27% Product: 6 distinct product lines · Company stage: Public Innovation: 6 product lines rank vs industry peers · Fliar Intelligence Index 64/100 | $356M FY2025 | $10M | +4% | 954 954 → 1,406 (+47%) · sector median -3% | Rajan Venkatesh CEO and Managing Director | 7 signals ▼42% Earnings · Contracts · Leadership | — | — |
| 12 | Crystal Crop Protection Manufacturer of agrochemicals for crop protection 76Customers top 13%Innovation top 20%Moat top 29%Market top 31% All 12 signals ▾Customerstop 13% Innovationtop 20% Moattop 29% Markettop 31% Fundingtop 32% Fin. healthtop 32% Newstop 33% Producttop 37% Growthtop 42% Talenttop 46% Techbottom 44% Globalbottom 37% Customers: App rating 4.5★ (219 reviews) Innovation: 6 product lines rank vs industry peers · Fliar Intelligence Index 76/100 | $323M FY2025 | $28M | +20% | 1,338 | Satyender Singh CEO | 8 signals ▲60% Acquisition · Leadership · IPO | — | — |
| 13 | Keva Manufacturer of flavours and fragrances 64Product top 14%Innovation top 20%Moat top 30%Funding top 32% All 11 signals ▾Producttop 14% Innovationtop 20% Moattop 30% Fundingtop 32% Markettop 36% Fin. healthtop 39% Talenttop 41% Newsbottom 43% Globalbottom 43% Techbottom 42% Growthbottom 40% Product: 4 distinct product lines · Company stage: Public Innovation: 4 product lines rank vs industry peers · Fliar Intelligence Index 64/100 | $254M FY2025 | $44M | +16% | 557 557 → 871 (+56%) · sector median -3% | Kedar Vaze CEO | — | — | — |
| 14 | Bodal Chemicals Manufacturer of diversified chemical preservatives 57Fin. health top 35%Funding top 37%Market top 41%Tech top 48% All 8 signals ▾Fin. healthtop 35% Fundingtop 37% Markettop 41% Techtop 48% Talentbottom 45% Growthbottom 43% Newsbottom 27% Globalbottom 25% Fin. health: Revenue ~$208M (FY2021) · Net margin 1.1% Funding: Raised $25.2M across 1 rounds · 1 rounds over 7 yrs (0.1/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $208M FY2025 | $25M | +24% | 1,823 | Suresh Patel Managing Director | — | — | — |
| 15 | Kingfa Science & Technology Manufacturer of polypropylene compounds, thermoplastics elastomers, and fibre re-inforced composites 69Funding top 24%Product top 24%Market top 33%Fin. health top 33% All 10 signals ▾Fundingtop 24% Producttop 24% Markettop 33% Fin. healthtop 33% Growthtop 38% Innovationtop 40% Talentbottom 49% Globalbottom 34% Techbottom 23% Newsbottom 21% Funding: Raised $146M across 1 rounds · Stage: Public Product: 2 distinct product lines · Company stage: Public rank vs industry peers · Fliar Intelligence Index 69/100 | $207M FY2025 | $146M | +18% | 750 | Bo Jingen Managing Director | — | — | — |
| 16 | Vishnu Chemicals Provides manufacturing, marketing and sales of chromium chemicals. 64Product top 24%Funding top 30%Fin. health top 32%Market top 37% All 9 signals ▾Producttop 24% Fundingtop 30% Fin. healthtop 32% Markettop 37% Innovationtop 40% Growthtop 47% Techtop 47% Newsbottom 41% Globalbottom 34% Product: 2 distinct product lines · Company stage: Public Funding: Raised $24.2M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 64/100 | $173M FY2025 | $24M | +19% | 425 | — | 7 signals ▼53% Leadership · Acquisition · Announcements | — | 2 awards |
| 17 | SBL Energy Manufacturer of industrial and mining explosives, detonators, and explosive accessories 62Growth top 27%Fin. health top 28%Moat top 31%Funding top 40% All 9 signals ▾Growthtop 27% Fin. healthtop 28% Moattop 31% Fundingtop 40% Techtop 42% Marketbottom 47% Talentbottom 45% Globalbottom 37% Newsbottom 21% Growth: Headcount 112 → 164 (+46%) across vintages · Revenue +98% YoY Fin. health: Revenue ~$130M (FY2018) · Net margin 7.8% rank vs industry peers · Fliar Intelligence Index 62/100 | $130M FY2025 | $41M | +98% | 164 164 → 91 (-45%) · sector median -3% | Sanjay Choudhary Owner | — | — | — |
| 18 | Janki Corp Processor of textile and steel products 42Innovation top 20%Product top 36%Talent top 45%Funding top 46% All 9 signals ▾Innovationtop 20% Producttop 36% Talenttop 45% Fundingtop 46% Fin. healthtop 49% Marketbottom 46% Growthbottom 29% Techbottom 25% Globalbottom 25% Innovation: 7 product lines Product: 7 distinct product lines · Company stage: Series A rank vs industry peers · Fliar Intelligence Index 42/100 | $118M FY2025 | $6M | -20% | 175 | Raghunath Mittal Founder | — | — | — |
| 19 | POSHS metal industries Processor of hot rolled and cold rolled steel coils and sheets 40Funding top 35%Market top 45%Fin. health top 50%Talent bottom 45% All 7 signals ▾Fundingtop 35% Markettop 45% Fin. healthtop 50% Talentbottom 45% Growthbottom 43% Globalbottom 33% Techbottom 18% Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Market: Revenue ~$107M · Top 16% by revenue among 372 tracked Metals and Alloys peers rank vs industry peers · Fliar Intelligence Index 40/100 | $107M FY2025 | $5M | -8% | — | Vikram Puri CEO | — | — | — |
| 20 | Aether Manufacturer of advanced intermediates and active ingredients for multiple industries 69Innovation top 20%Product top 24%Fin. health top 30%Moat top 31% All 12 signals ▾Innovationtop 20% Producttop 24% Fin. healthtop 30% Moattop 31% Fundingtop 33% Talenttop 38% Markettop 39% Newsbottom 48% Partnersbottom 47% Growthbottom 46% Techbottom 44% Globalbottom 37% Innovation: 5 product lines Product: 5 distinct product lines · 1 published app (109 installs) rank vs industry peers · Fliar Intelligence Index 69/100 | $104M FY2025 | $13M | +38% | 943 | Ashwin Desai Managing Director | 14 signals ▼58% Earnings · Regulatory · M&A | — | — |
| 21 | Vikas Lifecare Manufacturer and trader of PVC and plastic products 29Moat top 30%Fin. health top 45%Funding top 50%Talent bottom 49% All 9 signals ▾Moattop 30% Fin. healthtop 45% Fundingtop 50% Talentbottom 49% Marketbottom 42% Growthbottom 41% Globalbottom 37% Techbottom 34% Newsbottom 27% Moat: Top 3% by revenue among 39 tracked Polymer Additives companies · Editorial + unicorn rating 1/10 Fin. health: Revenue ~$59.9M (FY2022) · Net margin 0.6% rank vs industry peers · Fliar Intelligence Index 29/100 | $60M FY2025 | $6M | +7% | 5 | Vijay Sharma Co-CEO | — | — | — |
| 22 | Flexituff Online platform for technical textile and irrigation component solutions 22Moat top 27%Funding top 35%Talent top 45%Fin. health top 48% All 9 signals ▾Moattop 27% Fundingtop 35% Talenttop 45% Fin. healthtop 48% Newsbottom 43% Marketbottom 38% Globalbottom 37% Techbottom 36% Growthbottom 21% Moat: Top 7% by revenue among 143 tracked Diversified Materials companies · Editorial + unicorn rating 2/10 Funding: Raised $34.0M across 2 rounds · 2 rounds over 13 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 22/100 | $54M FY2025 | $34M | -24% | 1 | Mahesh Sharma CEO & Advisor | — | — | — |
| 23 | The Anthea Group Manufacturer of specialty chemical products 76Fin. health top 26%Product top 28%Innovation top 30%Talent top 33% All 10 signals ▾Fin. healthtop 26% Producttop 28% Innovationtop 30% Talenttop 33% Growthtop 34% Fundingtop 36% Moattop 38% Techtop 50% Marketbottom 49% Globalbottom 37% Fin. health: Revenue ~$50.0M (FY2018) · Net margin 22.7% Product: 3 distinct product lines rank vs industry peers · Fliar Intelligence Index 76/100 | $50M FY2025 | $29M | +970% | 88 88 → 65 (-26%) · sector median -3% | Mathew Menacherry Co-Founder & Director | — | — | — |
| 24 | Shubhalakshmi Polyesters Manufacturer of polyester chips and yarns 57Talent top 28%Moat top 31%Growth top 35%Funding top 36% All 10 signals ▾Talenttop 28% Moattop 31% Growthtop 35% Fundingtop 36% Producttop 42% Fin. healthtop 43% Techtop 47% Marketbottom 42% Globalbottom 37% Newsbottom 22% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Moat: Top 13% by revenue among 414 tracked Textile Yarn companies · Editorial + unicorn rating 2/10 rank vs industry peers · Fliar Intelligence Index 57/100 | $46M FY2025 | $40M | +328% | 18 | Ramu raman Agarwal Founder | — | — | — |
| 25 | Harmony Organics Lifetime Health is a fully digital hospital-at-home platform for seniors and chronic-care patients… 45Talent top 28%Product top 30%Funding top 35%Moat top 36% All 12 signals ▾Talenttop 28% Producttop 30% Fundingtop 35% Moattop 36% Growthtop 41% Fin. healthtop 46% Techbottom 48% Marketbottom 44% Globalbottom 38% Patentsbottom 32% Innovationbottom 28% Newsbottom 18% Talent: Analyst team rating 4/5 Product: 6 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 45/100 | $37M FY2025 | $27M | +11% | 115 115 → 85 (-26%) · sector median -3% | — | — | 2 patents Continuous ion‑exchange resin catalysis for methyl pentenone production in fixed‑bed reactors | 2 job openings · 1 partnership |
| 26 | Nanofil Manufacturer of plastic compounds, masterbatches, and reinforced materials for industries 29Growth bottom 49%Market bottom 46%Talent bottom 45%Fin. health bottom 44% All 7 signals ▾Growthbottom 49% Marketbottom 46% Talentbottom 45% Fin. healthbottom 44% Fundingbottom 38% Techbottom 30% Globalbottom 25% Growth: Revenue +11% YoY · Fresh capital in last 24 mo Market: Revenue ~$29.0M · Top 17% by revenue among 395 tracked Polymers peers rank vs industry peers · Fliar Intelligence Index 29/100 | $29M FY2025 | $586K | +11% | — | Sanjeev Gautam CEO | — | — | — |
| 27 | Techno Paints Paint manufacturing company offering a diverse portfolio of home wall paint colors 72Growth top 18%Tech top 30%Innovation top 36%Talent top 38% All 11 signals ▾Growthtop 18% Techtop 30% Innovationtop 36% Talenttop 38% Moattop 40% Fin. healthtop 41% Producttop 48% Marketbottom 46% Fundingbottom 40% Globalbottom 30% Newsbottom 24% Growth: Headcount 5 → 197 (+3840%) across vintages · Revenue +54% YoY Tech: 37 technologies across 5/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 72/100 | $25M FY2025 | $2M | +54% | 197 197 → 110 (-44%) · sector median -3% | Srinivas Akuri Founder & Managing Director | — | — | — |
| 28 | Scimplify Manufacturer of specialty chemicals 48Talent top 28%Funding top 29%Tech top 30%Moat top 30% All 10 signals ▾Talenttop 28% Fundingtop 29% Techtop 30% Moattop 30% Producttop 46% Growthbottom 47% Marketbottom 44% Globalbottom 39% Fin. healthbottom 30% Newsbottom 25% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $13.3M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $24M FY2025 | $13M | — | 91 | Dheeraj Dhingra Co-Founder | 3 signals ▼67% Funding · Capital raise | — | 3 awards |
| 29 | Valmetengg Supplier of high-performance materials and engineered components 50Funding top 31%Growth top 32%Fin. health top 41%Talent bottom 49% All 8 signals ▾Fundingtop 31% Growthtop 32% Fin. healthtop 41% Talentbottom 49% Moatbottom 45% Globalbottom 36% Marketbottom 33% Techbottom 32% Funding: Raised $14.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Growth: Revenue +23% YoY · Web rank 50,000,000 → 10,000,000 YoY rank vs industry peers · Fliar Intelligence Index 50/100 | $20M FY2025 | $15M | +23% | — | Subramoni PH Managing Director | — | — | — |
| 30 | OAN Industries Manufacturer of specialty chemicals for fertilizer industries and mining Industries 45Growth top 23%Tech top 43%Moat top 44%Fin. health bottom 45% All 8 signals ▾Growthtop 23% Techtop 43% Moattop 44% Fin. healthbottom 45% Talentbottom 45% Fundingbottom 37% Marketbottom 32% Globalbottom 25% Growth: Headcount 22 → 64 (+191%) across vintages · Revenue +36% YoY Tech: 35 technologies across 2/8 capability areas · Devops: Nginx rank vs industry peers · Fliar Intelligence Index 45/100 | $15M FY2025 | $486K | +36% | 64 64 → 56 (-12%) · sector median -3% | Sunil Sharma Founder & Managing Director | — | — | — |
| 31 | Shakti Group Companies Diversified conglomerates operates across multiple industries 45Innovation top 20%Growth top 38%Product top 43%Talent bottom 45% All 9 signals ▾Innovationtop 20% Growthtop 38% Producttop 43% Talentbottom 45% Fin. healthbottom 40% Fundingbottom 39% Techbottom 36% Marketbottom 33% Globalbottom 25% Innovation: 5 product lines Growth: Revenue +21% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 45/100 | $13M FY2025 | $409K | +21% | — | Shreyans Goyal Founder & Chairman & Managing Director | — | — | — |
| 32 | Ramcharan Distributor of rubber, coatings, inks, and polymers materials 19Product top 21%Innovation top 36%Funding top 43%Talent top 45% All 11 signals ▾Producttop 21% Innovationtop 36% Fundingtop 43% Talenttop 45% Moattop 47% Techbottom 48% Marketbottom 34% Globalbottom 32% Newsbottom 22% Growthbottom 16% Fin. healthbottom 15% Product: 5 distinct product lines · Company stage: Series D Innovation: 5 product lines rank vs industry peers · Fliar Intelligence Index 19/100 | $5M FY2022 | $4.1B | -39% | 46 | Kaushik Palicha Co-Owner | — | — | — |
| 33 | Everlon Synthetics Manufacturer of polyester texturised yarn 21Funding top 37%Growth bottom 45%Fin. health bottom 41%Global bottom 25% All 5 signals ▾Fundingtop 37% Growthbottom 45% Fin. healthbottom 41% Globalbottom 25% Marketbottom 23% Funding: Raised $37.5M across 1 rounds · Stage: Public Growth: Revenue +4% YoY rank vs industry peers · Fliar Intelligence Index 21/100 | $5M FY2022 | $38M | +4% | 4 | — | — | — | — |
| 34 | Innocule Provider of chemical solutions for efficient mineral processing 24Talent top 45%Growth bottom 49%Tech bottom 48%Moat bottom 38% All 8 signals ▾Talenttop 45% Growthbottom 49% Techbottom 48% Moatbottom 38% Globalbottom 36% Fundingbottom 35% Fin. healthbottom 34% Marketbottom 27% Talent: 2 named leaders on record Growth: Headcount 99 → 118 (+19%) across vintages · Web rank 10,000,000 → 50,000,000 YoY rank vs industry peers · Fliar Intelligence Index 24/100 | $4M FY2025 | $958K | — | 118 118 → 90 (-24%) · sector median -3% | Gyan Das Co-Founder | — | — | — |
| 35 | Inventys Custom based manufacturer of actives, crop protection, advanced intermediates, and specialty chemicals 42Innovation top 20%Product top 36%Talent top 38%Tech top 39% All 11 signals ▾Innovationtop 20% Producttop 36% Talenttop 38% Techtop 39% Moattop 42% Fundingtop 48% Marketbottom 42% Growthbottom 42% Globalbottom 32% Newsbottom 27% Fin. healthbottom 18% Innovation: 10 product lines Product: 10 distinct product lines · Company stage: Series A rank vs industry peers · Fliar Intelligence Index 42/100 | $4M FY2025 | $64M | -66% | 197 | Raghavan Srinivasan Co-Founder & Director | — | — | — |
| 36 | Saravan Global Energy Manufactures ceramic electrical insulators 42Innovation top 20%Growth top 43%Product top 43%Funding bottom 49% All 10 signals ▾Innovationtop 20% Growthtop 43% Producttop 43% Fundingbottom 49% Talentbottom 49% Moatbottom 47% Techbottom 45% Globalbottom 37% Fin. healthbottom 34% Marketbottom 33% Innovation: 7 product lines Growth: Headcount 56 → 51 (-9%) across vintages · Revenue +38% YoY rank vs industry peers · Fliar Intelligence Index 42/100 | $4M FY2025 | $25M | +38% | 51 | Padam Challani Managing Director | — | — | — |
| 37 | GFCL EV Provider of intermediate chemicals for lithium and sodium-ion battery applications 40Growth top 24%Funding top 32%Moat top 41%Partners top 45% All 10 signals ▾Growthtop 24% Fundingtop 32% Moattop 41% Partnerstop 45% Newstop 47% Talentbottom 49% Marketbottom 38% Fin. healthbottom 37% Techbottom 35% Globalbottom 30% Growth: Revenue +5053% YoY · Web rank 50,000,000 → 10,000,000 YoY Funding: Raised $119M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 40/100 | $4M FY2025 | $119M | +5053% | — | Vivek Jain Managing Director & Director | 6 signals Capital raise · Funding · Incorporation | — | — |
| 38 | Thermoflyde Industries Manufacturer and supplier of refractory products for steel plants 24Growth top 38%Talent top 45%Funding top 50%Global bottom 48% All 7 signals ▾Growthtop 38% Talenttop 45% Fundingtop 50% Globalbottom 48% Fin. healthbottom 35% Techbottom 31% Marketbottom 16% Growth: Revenue +7% YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record rank vs industry peers · Fliar Intelligence Index 24/100 | $3M FY2025 | $3M | +7% | — | Tarun Banoth Co-Founder & CEO | — | — | — |
| 39 | Atomgrid Company specializing in manufacturing and sourcing of speciality chemicals 42Growth top 14%News top 35%Talent top 38%Funding top 41% All 9 signals ▾Growthtop 14% Newstop 35% Talenttop 38% Fundingtop 41% Techbottom 42% Fin. healthbottom 38% Globalbottom 37% Moatbottom 37% Marketbottom 26% Growth: Revenue +4404% YoY · Web rank 10,000,000 → 5,000,000 YoY News: 5 BI events in 12 mo (of 8 tracked, 2 types) · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo rank vs industry peers · Fliar Intelligence Index 42/100 | $3M FY2025 | $2M | +4404% | — | Lakshit Bansal Co-Founder | 5 signals Funding · Capital raise | — | — |
| 40 | Distil Manufacturer of specialty chemicals 53Growth top 12%Talent top 38%Funding top 39%Fin. health bottom 49% All 8 signals ▾Growthtop 12% Talenttop 38% Fundingtop 39% Fin. healthbottom 49% Globalbottom 39% Techbottom 36% Moatbottom 35% Marketbottom 33% Growth: Revenue +101795% YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $2M FY2025 | $3M | +101795% | — | Atanuu Agarrwal Co-Founder & CEO | — | — | 1 job opening |
| 41 | Ashima Texcellence Manufacturer of cotton garments and fabrics 19Product top 14%Innovation top 20%Funding top 42%Talent bottom 49% All 11 signals ▾Producttop 14% Innovationtop 20% Fundingtop 42% Talentbottom 49% Globalbottom 37% Fin. healthbottom 35% Marketbottom 25% Techbottom 23% Newsbottom 21% Moatbottom 21% Growthbottom 13% Product: 7 distinct product lines · Company stage: Public Innovation: 7 product lines rank vs industry peers · Fliar Intelligence Index 19/100 | $2M FY2025 | $889M | -85% | 154 | Chintan Parikh Founder & CEO | — | — | — |
| 42 | Fantail Provider of man-made fibre textiles to businesses 40Growth top 12%Funding top 48%Talent bottom 49%Fin. health bottom 41% All 8 signals ▾Growthtop 12% Fundingtop 48% Talentbottom 49% Fin. healthbottom 41% Globalbottom 37% Moatbottom 19% Newsbottom 18% Marketbottom 11% Growth: Revenue +193% YoY · Fresh capital in last 24 mo Funding: Raised $1.6M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 40/100 | $1M FY2025 | $2M | +193% | — | Ramya Iyer Founder | — | — | — |
| 43 | Fabheads Designing and prototyping services for 3D printing products 13Funding top 43%Tech top 50%Talent bottom 49%Moat bottom 47% All 9 signals ▾Fundingtop 43% Techtop 50% Talentbottom 49% Moatbottom 47% Globalbottom 37% Growthbottom 34% Marketbottom 30% Newsbottom 26% Fin. healthbottom 11% Funding: Raised $3.4M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) Tech: 16 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare rank vs industry peers · Fliar Intelligence Index 13/100 | $168K FY2025 | $3M | -59% | 58 58 → 56 (-3%) · sector median -3% | Dhinesh Kanagaraj Founder & CEO | — | — | — |
| 44 | JBF Industries Manufacturer of polyester yarn 6Funding top 39%Talent bottom 49%Global bottom 37%Market bottom 27% All 8 signals ▾Fundingtop 39% Talentbottom 49% Globalbottom 37% Marketbottom 27% Newsbottom 27% Moatbottom 13% Fin. healthbottom 10% Growthbottom 8% Funding: Raised $150M across 1 rounds · 1 rounds over 11 yrs (0.1/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 6/100 | $9K FY2025 | $150M | -96% | 347 | Bhagirath Arya Founder | — | — | — |
| 45 | Ratnaveer Provider of precision engineering solutions 72Product top 14%Innovation top 20%Funding top 21%Fin. health top 33% All 9 signals ▾Producttop 14% Innovationtop 20% Fundingtop 21% Fin. healthtop 33% Markettop 43% Growthbottom 47% Globalbottom 34% Techbottom 33% Newsbottom 23% Product: 8 distinct product lines · Company stage: Public Innovation: 8 product lines rank vs industry peers · Fliar Intelligence Index 72/100 | — | $21M | — | — | — | — | — | — |
| 46 | Insecticides Crop protection solutions provider, fortifying agriculture with insecticides, herbicides, fungicides, and… 60Customers top 21%Product top 24%Fin. health top 32%Moat top 33% All 13 signals ▾Customerstop 21% Producttop 24% Fin. healthtop 32% Moattop 33% Markettop 34% Growthtop 34% Fundingtop 40% Talentbottom 49% Patentsbottom 46% Techbottom 45% Newsbottom 38% Globalbottom 38% Innovationbottom 37% Customers: App rating 4.3★ (349 reviews) · Marquee-customer mentions: top 17% of tracked companies Product: 5 distinct product lines · 1 published app (87.3k installs) rank vs industry peers · Fliar Intelligence Index 60/100 | — | $838M | — | 1,623 1,623 → 986 (-39%) · sector median -3% | Rajesh Aggarwal CEO & Managing Director | 4 signals ▼83% Earnings | 14 patents Novel benzylamide and isoxazole agrochemicals for insecticide, miticide, and fungicide applications | 1 expansion |
| 47 | Excel Crop Care Online slot gaming platform with diverse casino games and jackpot opportunities 27Product top 14%Moat top 26%Funding top 39%Market top 40% All 12 signals ▾Producttop 14% Moattop 26% Fundingtop 39% Markettop 40% Fin. healthtop 47% Talentbottom 49% Globalbottom 45% Patentsbottom 42% Innovationbottom 40% Techbottom 35% Newsbottom 32% Growthbottom 10% Product: 9 distinct product lines · Company stage: Post IPO Moat: Top 9% by revenue among 44 tracked Agrochemicals companies · Editorial + unicorn rating 2/10 rank vs industry peers · Fliar Intelligence Index 27/100 | — | $93M | — | 204 | Chetan Shah Managing Director | — | 21 patents Granular agrochemical formulations for herbicides and fungicides (water‑dispersible). | — |
| 48 | Monnet Ispat & Energy Manufacturer of ferroalloys, coal washing, and real estate services 32Innovation top 20%Product top 26%Talent top 41%Funding top 42% All 11 signals ▾Innovationtop 20% Producttop 26% Talenttop 41% Fundingtop 42% Growthbottom 49% Marketbottom 37% Globalbottom 37% Newsbottom 36% Moatbottom 28% Fin. healthbottom 19% Techbottom 16% Innovation: 4 product lines Product: 4 distinct product lines · Company stage: Acquired rank vs industry peers · Fliar Intelligence Index 32/100 | — | $50M | — | 2,356 | Sandeep Jajodia Chairman & CEO | — | — | — |
| 49 | Anthea Manufacturer of specialty chemicals for flavour, fragrance, pharmaceutical, and agro industries 27Funding top 42%Fin. health bottom 44%Growth bottom 42%Global bottom 36% All 7 signals ▾Fundingtop 42% Fin. healthbottom 44% Growthbottom 42% Globalbottom 36% Marketbottom 31% Moatbottom 30% Newsbottom 18% Funding: Raised $28.8M · 4 rounds over 19 yrs (0.2/yr) Fin. health: Revenue ~$3.8M (FY2022) · Net margin 22.7% rank vs industry peers · Fliar Intelligence Index 27/100 | — | $29M | — | 88 | — | — | — | — |
| 50 | Eternis Manufacturer of aroma chemicals and esters 27Innovation top 20%Product top 30%Talent bottom 49%Growth bottom 45% All 11 signals ▾Innovationtop 20% Producttop 30% Talentbottom 49% Growthbottom 45% Fundingbottom 44% Globalbottom 37% Marketbottom 34% Techbottom 34% Newsbottom 21% Moatbottom 17% Fin. healthbottom 11% Innovation: 12 product lines Product: 12 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 27/100 | — | $12M | — | 513 513 → 500 (-3%) · sector median -3% | Rajen Mariwala Managing Director | — | — | 2 job openings |
Top 12 Chemicals and Materials companies in India
#1
Funding Raised · Delhi, Delhi · founded 2016 · 75 employees$1.4Braised▾
Hindustan Urvarak & Rasayan Limited (HURL) is a joint venture company incorporated by Indian Oil Corporation Limited (IOCL), NTPC Limited, Coal India Limited (CIL), Fertilizer Corporation of India Limited (FCIL), and Hindustan Fertilizer Corporation Limited (HFCL). The company offers various job openings for executives and non-executives, and has plants in Gorakhpur, Barauni, and Sindri. HURL's website also provides information about the company's policies, products, and projects.
- Mar 2026Conventional Debt$1.4B
#2
Series B · India · founded 2007$14.8Mraised▾
Supplier of high-performance materials and engineered components. It sources and supplies a variety of materials, including nickel and cobalt-based superalloys, titanium alloys, and specialty steels. The company also manufactures value-added cut parts, near-net shapes, components, and sub-assemblies. In-house capabilities include water-jet cutting, milling, turning, and various other machining processes. Materials testing and quality certifications are provided to meet aerospace and industrial standards. Services include heat treatment, precipitation hardening, and surface treatments. The company caters to demanding applications requiring difficult-to-source materials.
- Mar 2026Series B$14.8M
#3
Public · Vadodara, Gujarat · founded 2000$20.6Mraised▾
Ratnaveer Precision Engineering Limited is an ISO-9001 company that was established in 2000 in Savli (Manjusar), India. They are a leading manufacturer and supplier of stainless steel washers.
- Dec 2025Post IPO$20.6M
#4
Public · Jaipur, Rajasthan · founded 1992 · 1927 employees$117.5Mraised▾
Recycler and manufacturer of lead, aluminium, and plastic products. The company recycles lead & lead products, plastic, and aluminium using environmentally friendly processes. It manufactures plastics and non-ferrous metals, including aluminium and lead. The company provides turnkey project solutions for lead smelting and recycling. It offers consulting services to assist organizations in complying with government policies such as Extended Producer Responsibility (EPR) and Battery Waste Management. The company procures scrap for recycling.
- Dec 2024Post IPO$117.5M
- May 2023Post IPO—
- Jan 2022Post IPO—
#5
Series D · Noida, Uttar Pradesh · founded 2021$119Mraised▾
Provider of intermediate chemicals for lithium and sodium-ion battery applications. The company offers battery binders, electrolytes, salts, and other battery cell components. These products cater to electric vehicle, energy storage systems, and consumer electronics applications. The company aims to advance sustainable progress through eco-friendly operations.
- Oct 2024Series D$119M
#6
Seed · Bengaluru, Karnataka · founded 2023$1.5Mraised▾
Company specializing in manufacturing and sourcing of speciality chemicals. It provides integrated solutions across R&D, process development, and scalable manufacturing for global chemical needs. It offers products and services across key chemistries including bromination, sulfonation, nitration, chlorination, Grignard reactions, and oxidation.
- Jan 2026Conventional Debt—
- Oct 2025Seed$7M
- Feb 2024Seed$1.2M
#7
Series A · Mumbai, Maharashtra · founded 2023$3.1Mraised▾
Manufacturer of specialty chemicals. It provides a broad spectrum of specialty chemical solutions encompassing research, formulation, manufacturing, customization, and distribution. Its platform is designed to help customers, mainly manufacturers across verticals, like aroma and food, beauty and personal care, pharmaceuticals, coatings, masterbatches, and compounds.
- Sep 2025Series A$7.7M
- Mar 2024Seed$3.1M
#8
Series B · Bengaluru, Karnataka · founded 2023 · 91 employees$13.3Mraised▾
Manufacturer of specialty chemicals. The company integrates scientific research, precision manufacturing, and digital technology. It delivers high-quality solutions across diverse industries.
- Mar 2025Series B$40M
- Jul 2024Series A$10.4M
- Nov 2023Seed$3.8M
#9
Series A · Chennai, Tamil Nadu · founded 2015 · 58 employees$3.4Mraised▾
Design, prototyping, tooling, production, and more using 3D printing technology for composite hardware products
- Apr 2025Series A$10M
- Jun 2024Grant (prize money)$48K
- Sep 2023Seed$685.3K
- Oct 2022Seed$457.4K
#10
Series D · Chennai, Tamil Nadu · founded 1965 · 46 employees$4.1Braised▾
The company is a chemical and materials distributor located in Chennai.It distributes tyres, tubes, industrial rubber,products, coatings, inks, and polymers materials
#11
Early Stage · Pune, Maharashtra · founded 1998$5Mraised▾
Processor of hot rolled and cold rolled steel coils and sheets. The company offers coil slitting, coil cutting, die blanking, and trapezoidal cutting. These processes transform steel coils into narrower coils or sheets of specific sizes and shapes. The company provides processed steel for various customer applications.
- Apr 2025Unattributed$5M
#12
Seed · Bengaluru, Karnataka · founded 2023$1.6Mraised▾
Provider of man-made fibre textiles to businesses. The company has certified mills, consistant supply, ready to ship, and brand centric approach. They partner with brands, exporters, and manufacturers for the supply of man-made fibres.
- Jun 2025Seed$1.6M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Chemicals and Materials coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
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.
- Ministry of Education37
- Indian Institute of Science Bangalore26
- Indian Institute of Technology Kharagpur22
- Academy of Scientific and Innovative Research21
- Indian Institute of Technology Delhi21
- Smart material9→28
- Elastomer1→10
- Nanotechnology4→12
- Composite material2→9
- Composite number2→7
- Smart material35→64
- Nanotechnology8→25
- Nanocomposite2→15
- Graphene2→11
- Polymer5→13
- Smart material5→22
- Nanotechnology1→11
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.
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.
- CSIR479
- TATA Steel117
- Tata Consultancy Services60
- Halliburton Energy SERV59
- Indian INST Scient57
- Indian OIL55
- TATA Chemicals45
- General Electric42