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The West Bengal edition · 2026

Chemicals and materialscompanies in West Bengal

Chemicals, metals & alloys, polymers & plastics, paints & coatings, textiles & jute and more: the companies building chemicals and materials in West Bengal, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
270 company profiles115 with reported revenue2 with recorded fundingOctober 2026 edition
West Bengal · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent chemicals and materials business events in India

Funding, M&A, contract wins and launches involving 7,595 chemicals and materials companies in India, last 24 months: 213 Contracts · 210 M&A deals · 47 funding rounds · 23 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Terminated

Nippon paint acquires AkzoNobel

Nippon Paint and Sherwin-Williams have terminated their efforts to jointly acquire the competing paint manufacturer AkzoNobel

Paint manufacturer
ContractService

BigTrunk Communications · client: Velvex

BigTrunk Communications has added another marquee account to its roster, securing the national digital and social media mandate for Velvex, the lubricant brand owned by Nandan Petrochem…

Advertising
ContractService

BigTrunk Communications · client: Nandan Petrochem

BigTrunk Communications, an independent integrated advertising agency known for its data-driven and creative approach, has secured the national digital and social media mandate for…

Advertising
M&AAcquisition · Rumored

Mohamed Alabbar acquires Iffco

Alabbar told Bloomberg he had sent letters to IFFCO's board members and lending banks expressing interest in acquiring the whole business

Food and consumer goods manufacturing
ContractSupply

Innomet Advanced Materials · client: Federal-Mogul Goetze (India)

On June 1, 2026, the company successfully finalized a domestic contract valued at over ₹88.99 lakh (approximately USD 107,000) with Federal-Mogul Goetze (India) Limited to supply…

Metallurgy
ContractSupply

Innomet Advanced Materials · client: Na

Innomet Advanced Materials Limited has officially secured a new international purchase order valued at USD 222,290.

Advanced metallurgy
M&AAcquisition · Announced

AAB Business Trust acquires Clean science and technology

AAB Business Trust, a member of the promoter group of Clean Science and Technology Limited, has announced a proposed acquisition of 1,01,00,000 equity shares. These shares will be…

Technology
M&AAcquisition · Announced

ARB Business Trust acquires Clean science and technology

ARB Business Trust, a promoter group member of Clean Science and Technology Limited, has announced a prior intimation regarding the acquisition of 33,00,000 equity shares, representing…

Science and Technology
ContractTechnology

Bharatia · client: Jsw steel

Indian steel producer JSW Steel has signed a memorandum of understanding (MoU) with Bharatia, an Indian impact accelerator responsible for project development, ecosystem integration and…

Steel / Green Energy
M&AAcquisition · Terminated

Nippon paint acquires Akzo nobel

Akzo Nobel has rejected a non-binding but conditioned cash offer from Nippon Paint, thus prioritizing the planned merger with Axalta. The stock jumped on the stock market by 16.81…

Paint
M&AAcquisition · Announced

Anupam Rasayan India acquires Bliss gvs pharma

New Delhi, Specialty chemicals maker Anupam Rasayan India has signed an agreement to acquire up to 43.3 per cent stake in pharmaceutical formulations company Bliss GVS Pharma Ltd for an…

Pharmaceutical formulations
M&AAcquisition · Announced

Dorf-Ketal Chemicals India Limited acquires Vasu chemicals

Dorf-Ketal Chemicals India Limited, a global specialty chemicals company known for its innovation-driven solutions and strategic acquisitions, has acquired the Water Treatment Business…

Industrial Water Treatment
M&AMerger · Announced

Jsw steel acquires Bmm Ispat

JSW Steel on Thursday said its board has approved raising up to ₹14,000 crore through a mix of non-convertible debentures, warrants and equity-linked instruments, while also clearing the…

Steel
M&AAcquisition · Rumored

Grasim industries acquires Crompton Greaves Consumer

the Aditya Birla Group could look at acquiring a majority stake in Crompton Consumer through Grasim Industries, the flagship company of the group.

Consumer Appliances
M&AAcquisition · Announced

Crystal crop protection acquires FMC India Private Limited

Crystal Crop Protection Limited has acquired 100% shareholding of FMC India Private Limited from FMC and its group entities for approximately ₹2,268 crore.

Crop Protection
M&AAcquisition · Completed

Graphite india acquires Graftech international

Graphite India has acquired additional stake in GrafTech International, a NYSE Listed Company (Graftech). The company has acquired 2.97% shares of Graftech for a consideration of Rs…

Graphite electrode manufacturing
M&AAcquisition · Announced

Avi polymers acquires JVTR Consultants

Avi Polymers on Thursday said its board has approved the acquisition of a 90 per cent stake in JVTR Consultants through a share swap arrangement at an indicative valuation of Rs 500 crore.

Information technology services
ContractService

BGN Group · client: Kss line

The charters with BGN Group run for seven years and are valued at around KRW514.3bn ($350m) in total.

Shipping
M&AAcquisition · Announced

Camlin fine sciences acquires Vinpai

Camlin Fine Sciences Limited (CFSL), an Indian firm specializing in shelf life solutions, has filed a draft tender offer to acquire remaining Vinpai shares.

Shelf life solutions
ContractInfrastructure

Praxair india · client: Deepak Chem Tech Limited

Deepak Chem Tech Limited (DCTL) ... entered into a long‑term agreement with Praxair India ... to establish a hydrogen and carbon monoxide (HyCO) plant.

Chemical
M&AAcquisition · Announced

Promoter group of AVI Polymers acquires Avi polymers

The promoter group of AVI Polymers plans to acquire up to 5 per cent of the company's total paid-up equity share capital through open market transactions.

Polymers
ContractSupply

Tanfac industries · client: Blue star

Tanfac Industries Limited has entered into a long‑term supply agreement with Blue Star Limited for the supply of key fluorinated products, marking a strategic step in strengthening its…

Specialty Chemicals
M&AAcquisition · Completed

SCM Commercial Private Limited acquires Deepak Fertilisers & Petrochemicals

SCM Commercial Private Limited has completed the acquisition of 74,00,000 equity shares, representing 5.86% of the paid-up equity share capital of Deepak Fertilisers & Petrochemicals.

Fertilisers & Petrochemicals
LaunchZinc Galvanization Information Hub

Hindustan zinc

As part of the campaign, the company has introduced a dedicated Zinc Galvanization Information Hub on its website.

Information Hub
M&AAcquisition · Announced

Zeochem acquires Swambe chemicals

Zeochem, the chemistry division of the CPH Group, acquires Sorbead India and Swambe Chemicals.

Chromatography gels
LaunchJindal Infinity

Jindal stainless

Jindal Stainless Limited has introduced its stainless steel rebars, branded ‘Jindal Infinity’, in the retail segment with an initial launch in Punjab.

Stainless steel rebars
M&AAcquisition · Completed

Agrawal family acquires INEOS Styrolution India

Agrawal family, who had originally founded the company in 1973, bought back INEOS Styrolution India at ₹849 per share from its global parent.

M&AAcquisition · Announced

Time technoplast acquires Systoverse

Time Technoplast added 3.59% to Rs 190.50 after the company said that it has entered a memorandum of understanding (MoU) with the promoters of Systoverse (SPL) for acquiring 76% stake in…

Contract

Na · client: Qvc group

QVC Group, Inc. ('QVC Group' or the 'Company') today announced that it has entered into a Restructuring Support Agreement (the 'RSA') with holders representing a significant majority of…

E-commerce
Contract

John Cockerill India · client: Jsw steel

The company has bagged a ₹300 crore contract from JSW Steel

Chemicals and materials companies in West Bengal, by revenue

Browse chemicals and materials companies in West Bengal 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 115 chemicals and materials companies in West Bengal 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 ferro alloy and steel products

Metals and alloys
₹15,368.13 crFY 2024-25
+15%2024–2025
3,918+3% 12 mo to Aug 2024LinkedIn · Oct 2026
35 yr1991
1postings · last posted Aug 2026

Manufacturer of polyethylene products

Petrochemicals
₹14,648.00 crFY 2024-25
-13670%2024–2025
1,915+10% 12 mo to Jul 2024LinkedIn · Oct 2026
41 yr1985
0none in 3 months

Manufacturer of raw iron and processed steel products

Metals and alloys
₹6,418.46 crFY 2024-25
-3%2024–2025
1,524+6% 12 mo to Jul 2024LinkedIn · Oct 2026
27 yr1999
0none in 3 months

Manufacturers of lead & lead based products for the battery industry

Energy storage
₹5,770.99 crFY 2024-25
+16%2024–2025
288-4% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
0none in 3 months

Manufacturer of polyethylene terephthalate resins

Diversified chemicals
₹5,412.78 crFY 2024-25
+7%2024–2025
314-69% 12 mo to Nov 2023LinkedIn · Oct 2026
11 yr2015
0none in 3 months

Manufactures coal tar and basic industrial chemicals.

Mining equipment
₹4,664.32 crFY 2024-25
+10%2024–2025
5+6% 12 mo to Mar 2024LinkedIn · Oct 2026
39 yr1987
0none in 3 months

Manufacturer and supplier of carbon and graphite products

Minerals
₹3,254.00 crFY 2023-24
Not reported
294-1% 12 mo to Mar 2023LinkedIn · Oct 2026
59 yr1967
—No postings tracked

Manufacturer of ferro alloys and stainless steel products for industry

Metals and alloys
₹2,910.86 crFY 2024-25
+9%2024–2025
1,750recorded
31 yr1995
1postings · last posted Sep 2026

Manufacturer of electrode paste, carbon raiser, ramming paste, and other carbons

Metals and alloys
₹2,250.79 crFY 2021-22
Not reported
292+3% 12 mo to Feb 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months · last posted Jun 2026

Manufacturer and exporter of ferro silicon manganese alloys

Metals and alloys
₹2,526.45 crFY 2024-25
+21%2024–2025
213LinkedIn · Oct 2026
41 yr1985
0none in 3 months

Manufacturer of steel and polymer products for multiple industries

Metals and alloys
₹2,324.37 crFY 2024-25
+2%2024–2025
775LinkedIn · Oct 2026
39 yr1987
0none in 3 months

R&D focused on manufacturing of automobile, industrial oils and greases

Materials equipment manufacturers
₹1,953.14 crFY 2023-24
Not reported
450-1% 12 mo to Oct 2023recorded Oct 2023
98 yr1928
—No postings tracked

Manufacturer of crude steel and offers various steel products through its captive power plant and pellet manufacturing capabilities

Metals and alloys
₹1,446.51 crFY 2021-22
Not reported
403LinkedIn · Oct 2026
23 yr2003
0none in 3 months · last posted May 2026

Provider of technology facilitating secure and compliant digital identity verification

Petrochemicals
₹1,144.29 crFY 2024-25
+31%2024–2025
—Not available
14 yr2012
0none in 3 months

Diversified conglomerate operating across multiple industries

Traditional conglomerates
₹785.37 crFY 2024-25
+3%2024–2025
282-36% 12 mo to Nov 2018LinkedIn · Oct 2026
42 yr1984
0none in 3 months

Provider of jute products

Textile yarn
₹760.93 crFY 2024-25
+15%2024–2025
53+3% 12 mo to Jan 2024LinkedIn · Oct 2026
34 yr1992
0none in 3 months

Manufacturer of wire rods, billets, and binding wire

Metals and alloys
₹744.66 crFY 2024-25
+1%2024–2025
50LinkedIn · Oct 2026
14 yr2012
0none in 3 months

Manufacturer of zinc oxide and packaging solution services

Diversified chemicals
₹675.44 crFY 2023-24
Not reported
15+31% 12 mo to Dec 2018LinkedIn · Oct 2026
51 yr1975
—No postings tracked

Manufacturer of Jute products

Textile yarn
₹573.99 crFY 2021-22
Not reported
100-4% 12 mo to Sep 2024LinkedIn · Oct 2026
47 yr1979
—No postings tracked

Online marketplace for gold & silver bars

Metals and alloys
₹634.17 crFY 2024-25
+87%2024–2025
—Not available
5 yr2021
0none in 3 months

Producer of aluminum, steel and other carbon consumers

Metals and alloys
₹576.27 crFY 2022-23
Not reported
375recorded
65 yr1961
—No postings tracked

Manufacturer and exporter of yarns, textiles, cotton and aluminium products

Traditional conglomerates
₹559.92 crFY 2023-24
Not reported
1+0% 12 mo to Mar 2022LinkedIn · Oct 2026
73 yr1953
—No postings tracked

Manufacturer of rubber chemicals and specialty chemicals for the rubber industry

Diversified chemicals
₹558.51 crFY 2024-25
+3%2024–2025
246LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Manufacturer of cleaning agents

Cleaning chemicals
₹537.23 crFY 2024-25
+2%2024–2025
232+25% 12 mo to Sep 2024LinkedIn · Jul 2026
43 yr1983
0none in 3 months

Manufacturer of other chemical products

Diversified chemicals
₹508.26 crFY 2022-23
Not reported
362+1% 12 mo to Sep 2024recorded Sep 2024
81 yr1945
—No postings tracked
50 of 270 companies shown here · the full list is on Radar
Fliar Radar

Explore all 270 chemicals and materials companies in West Bengal on Radar

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

Open chemicals and materials in West Bengal on Radar
  • Every company, not just 50All 270 chemicals and materials companies in West Bengal, 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 chemicals and materials companies in West Bengal by what you are looking for

Browse top chemicals and materials companies in West Bengal, from steel and metal producers to petrochemical, polymer and paint manufacturers. You can also find chemical distributors, chemicals and materials startups in West Bengal and listed companies.

9 ways to explore chemicals and materials in West Bengal

Industrial & specialty chemical manufacturersSteel, metals & alloys manufacturersPolymer, plastic & masterbatch manufacturersPaints, coatings & adhesives companiesTextile yarn, jute & fabric manufacturersChemical & materials distributors and traders

Industrial & specialty chemical manufacturers

Producers of petrochemicals, rubber chemicals, inorganic and speciality chemicals.

  1. Haldia Petrochemicals

    Manufacturer of polyethylene products

    Petrochemicals
    See in list
  2. IVL Dhunseri Petrochem Industries

    Manufacturer of polyethylene terephthalate resins

    Diversified chemicals
    See in list
  3. Visa Coke

    Provider of technology facilitating secure and compliant digital identity verification

    Petrochemicals
    See in list
  4. JG Chemicals

    Manufacturer of zinc oxide and packaging solution services

    Diversified chemicals
    See in list
  5. Finorchem

    Manufacturer of rubber chemicals and specialty chemicals for the rubber industry

    Diversified chemicals
    See in list
53 companies in West BengalAll 36 diversified chemicals companies in West Bengal →

Steel, metals & alloys manufacturers

Makers of steel, ferro alloys, lead, zinc and other metal products.

  1. Shyam Metalics

    Manufacturer of ferro alloy and steel products

    Metals and alloys
    See in list
  2. Chloride Metals

    Manufacturers of lead & lead based products for the battery industry

    Energy storage
    See in list
  3. Maithan Alloys

    Manufacturer and exporter of ferro silicon manganese alloys

    Metals and alloys
    See in list
  4. Manaksia

    Diversified conglomerate operating across multiple industries

    Traditional conglomerates
    See in list
  5. Supershakti Metaliks

    Manufacturer of wire rods, billets, and binding wire

    Metals and alloys
    See in list
60 companies in West BengalAll 555 metals and alloys companies in India →

Polymer, plastic & masterbatch manufacturers

Producers of polyethylene, masterbatches, additives and plastic products.

  1. Malsons Polymers

    Manufacturer and exporter of black & color efficient masterbatch for various applications

    Polymers
    See in list
  2. Jaks

    Manufacturer of polymer materials

    Polymers
    Website
  3. Sonali Group

    Manufacturer of Masterbatches, Additives, and Polymer Products

    Polymers
    Website
  4. BT Polymers

    Company that manufactures and supplies a range of polymer products

    Polymers
    Website
  5. Umex Polymers

    Manufacturer of custom compounded polymers, polymer blends, and specialty compounds

    Polymers
    Website
33 companies in West BengalAll 374 polymers companies in India →

Paints, coatings & adhesives companies

Manufacturers of paints, coatings, adhesives, sealants and printing inks.

  1. ARCL Organics

    Provider of binder and adhesives solutions for plywood and wood-based industries

    Paints and coatings
    See in list
  2. Emichem

    Manufacturer and exporter of ink dyes, cosmetic dyes, and other effective dyes

    Dyes pigments and inks
    Website
  3. Silkflex

    Manufacturer of textile printing inks

    Dyes pigments and inks
    Website
  4. Associated Coaters

    Provider of powder coating services for aluminum extrusions

    Paints and coatings
    Website
  5. Decorazzi Paints

    Manufacturer of lead-free and low-VOC paints for residential and commercial use

    Paints and coatings
    Website
19 companies in West BengalAll 184 paints and coatings companies in India →

Textile yarn, jute & fabric manufacturers

Producers of jute, yarn, silk and textile fabrics.

  1. Gloster

    Provider of jute products

    Textile yarn
    See in list
  2. Ludlow Jute & Specialities

    Manufacturer of Jute products

    Textile yarn
    See in list
  3. East End Silks

    Manufacturer and exporter of silk fibre and yarns

    Textile yarn
    See in list
  4. Concord Nonwoven

    Manufacturer of polypropylene spunbond nonwoven fabrics and bags

    Materials equipment manufacturers
    Website
  5. AI Champdany Industries

    Jute yarn and product manufacturer

    Manufacturing services
    Website
28 companies in West BengalAll 414 textile yarn companies in India →

Chemical & materials distributors and traders

Distributors and traders of chemicals, steel, fabrics and other materials.

  1. Global Chem

    Importer, exporter, and distributor of chemicals

    Chemical distributors
    Website
  2. Mihika Industries

    Distributors of fabrics

    Materials distributors
    Website
  3. Bajrang Steelmet Trading

    Manufacturer of diverse steel products including sheets, plates, bars, and coils

    Materials distributors
    Website
  4. Yarn Syndicate

    Wholesaler of yarn and knitted fabric

    Materials distributors
    Website
  5. Enterprise International

    Distributor of textile goods, including silk fabrics, as well as offering engineering consultancy services and other operations

    Materials distributors
    Website
16 companies in West BengalAll 75 materials distributors companies in India →

Chemicals and materials startups in West Bengal

Newer chemicals and materials companies founded in recent years.

  1. Karel Bullions & Jewels

    Online marketplace for gold & silver bars

    Metals and alloys
    See in list
  2. Shakambari

    Integrated steel manufacturing conglomerate

    Polymers
    Website
  3. Labochem

    Provider of laboratory equipment, chemicals, instruments, labware, and related services

    Diversified chemicals
    Website
  4. Durga Devi Raiment

    Manufacturer of textile products including yarns, fabrics, and home furnishings

    Textile yarn
    Website
  5. Firstchoice Speciality Chemicals

    Provider of specialty chemicals for various industrial applications, including adhesives, sealants, and flooring solutions

    Construction chemicals
    Website
12 companies in West Bengal

Chemicals and materials companies hiring in West Bengal

Companies in this sector with open roles right now.

  1. Shyam Metalics

    Manufacturer of ferro alloy and steel products

    Metals and alloys
    See in list
  2. Carbon Resources

    Manufacturer of electrode paste, carbon raiser, ramming paste, and other carbons

    Metals and alloys
    See in list
  3. Manaksia Aluminium Company

    Producer of high-quality aluminum coils, sheets, and roofing sheets

    Metals and alloys
    See in list
  4. Peekay Agencies

    Manufacturer and distributor of animal fodders and chemical products

    Diversified chemicals
    See in list
  5. Black Diamond Explosives

    Manufacturing company that specializes in the production of explosives, involved in various mining and construction industries

    Diversified chemicals
    See in list
8 companies in West Bengal

Listed chemicals and materials companies in West Bengal

Publicly listed chemicals and materials companies.

  1. Shyam Metalics

    Manufacturer of ferro alloy and steel products

    Metals and alloys
    See in list
  2. Himadri Chemicals and Industries

    Manufactures coal tar and basic industrial chemicals.

    Mining equipment
    See in list
  3. GIL

    Manufacturer and supplier of carbon and graphite products

    Minerals
    See in list
  4. Maithan Alloys

    Manufacturer and exporter of ferro silicon manganese alloys

    Metals and alloys
    See in list
  5. Tide Water Oil

    R&D focused on manufacturing of automobile, industrial oils and greases

    Materials equipment manufacturers
    See in list
42 companies in West Bengal
Mobile reach

Top 3 chemicals and materials apps from West Bengal

The most-installed Android apps published by chemicals and materials companies headquartered in West Bengal — 37K installs between them. 3 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 3
The business behind the activity

Chemicals and materials financials in West Bengal

Revenue, profit and growth from the filed annual accounts of 114 chemicals and materials companies in West Bengal for FY24-25 — 127 of the 270 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 52% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹85,770.44 cr

114 companies filing accounts

combined net profit₹4,051.55 cr

4.7% aggregate margin

are profitable88%

100 of 114 companies

median revenue~₹86.9 cr

the typical company

median revenue growth+2%

into FY24-25

earned by the top five52%

revenue concentration

Six-year view

Combined revenue of filing companies

₹46,904.05 crFY19-20116 filers
₹47,796.75 crFY20-21116 filers
₹72,072.49 crFY21-22115 filers
₹84,921.34 crFY22-23116 filers
₹83,676.80 crFY23-24116 filers
₹85,770.44 crFY24-25114 filers

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

Like-for-like

The same 111 companies over three years

+1%
FY22-23₹84,643.61 cr₹3,545.70 cr net
FY23-24₹83,292.16 cr₹3,672.31 cr net
FY24-25₹85,692.80 cr₹4,045.64 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 cr475% profitable
₹10–100 cr4892% profitable
₹100–1,000 cr4193% profitable
Over ₹1,000 cr1587% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking46
0–20%35
20–50%23
50–100%7
Doubled+2

113 companies with accounts for both years; median growth +2%.

Profitability

Profit is concentrated at the top

100profitable
14loss-making
4.7%aggregate margin
2.3%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
Mihika IndustriesMIHIKA INDUSTRIES LTD.₹35.34 cr
Shakambari AromaticsSHAKAMBARI AROMATICS PRIVATE LIMITED+109%₹52.72 cr
La Reliant AluminiumLA RELIANT ALUMINIUM LIMITED
Karel Bullions & JewelsKAREL BULLIONS & JEWELS PRIVATE LIMITED+87%₹634.17 cr
Ark ChemicalsARK CHEMICALS PRIVATE LIMITED
Bajrang Steelmet TradingBAJRANG STEELMET TRADING PRIVATE LIMITED+67%₹33.34 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
HINDUSTHAN UDYOGHINDUSTHAN UDYOG LTD
Maithan AlloysMAITHAN ALLOYS LTD.25.1%₹2,546.27 cr
GILGRAPHITE INDIA LIMITED15.9%₹2,844.67 cr
Eastern Silk IndustriesEASTERN SILK INDUSTRIES LIMITED15.6%₹25.49 cr
Rdb RasayansRDB RASAYANS LTD.15.5%
Firstchoice Speciality ChemicalsFIRSTCHOICE SPECIALITY CHEMICALS PRIVATE LIMITED₹24.47 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Metals and alloys23₹42,090.29 cr~₹634.2 cr87%8.2%
Petrochemicals5₹15,112.92 cr~₹299.8 cr80%-4.2%
Diversified chemicals22₹9,250.46 cr~₹128.5 cr91%1.6%
Minerals6₹3,034.86 cr~₹48.2 cr67%14.3%
Polymers19₹1,336.98 cr~₹49.0 cr100%5.2%
Textile yarn6₹1,279.42 cr~₹112.5 cr83%4.0%
Leaders

Largest chemicals and materials companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Haldia PetrochemicalsHALDIA PETROCHEMICALS LIMITED₹13,557.50 cr−₹688.60 cr-5.1%+8%
Orissa MetaliksORISSA METALIKS PRIVATE LIMITED₹1,115.14 cr-5%
Shyam MetalicsSHYAM METALICS AND ENERGY LIMITED₹6,617.89 cr₹489.62 cr7.4%-2%
Jai Balaji GroupJAI BALAJI INDUSTRIES LIMITED₹6,418.46 cr₹557.88 cr8.7%-3%
Chloride MetalsCHLORIDE METALS LIMITED₹5,770.99 cr−₹73.57 cr-1.3%+16%
IVL Dhunseri Petrochem IndustriesIVL DHUNSERI PETROCHEM INDUSTRIES PRIVATE LIMITED₹5,412.78 cr₹22.50 cr0.4%+7%
Himadri Chemicals and IndustriesHIMADRI SPECIALITY CHEMICAL LIMITED₹4,646.70 cr₹558.07 cr12.0%+10%
GILGRAPHITE INDIA LIMITED₹2,844.67 cr₹452.27 cr15.9%-11%
Carbon ResourcesCARBON RESOURCES PVT LTD₹2,800.54 cr₹80.89 cr2.9%+2%
Maithan AlloysMAITHAN ALLOYS LTD.₹2,546.27 cr₹640.23 cr25.1%+22%
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

Chemicals and Materials Industry Landscape of India

The financials above are one chapter. The full chemicals and materials landscape of West Bengal 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 chemicals and materials landscape of West Bengal
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

Chemicals and materials funding and M&A across India

99 recorded equity rounds have gone to 7,595 chemicals and materials companies in India — how much, at which stage, into which sub-sectors, from whom, and how West Bengal compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$14.84m

equity rounds, last 24 months8

US$81.54m

raised over five yearsUS$520.00m

37 rounds in India

M&A deals, India210

last 24 months

Capital by year

Equity funding into chemicals and materials in India

amount rounds
$597k20182
$83k20204
$217m20218
$30m20223
$13m20238
$178m202411
$67m20256
$15m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$217.06m across 8 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$2.42m7 rounds · median US$197k
SeedUS$24.18m17 rounds · median US$822k
Series AUS$65.45m6 rounds · median US$8.85m
Series BUS$115.74m5 rounds · median US$14.84m
Series D+US$312.23m2 rounds · median US$156.11m
Where the money went · five years

Most-funded sub-sectors

Building materialsUS$193.28m1 rounds · 1 companies
Energy storage techUS$118.95m1 rounds · 1 companies
Diversified chemicalsUS$75.37m11 rounds · 7 companies
Contract manufacturersUS$42.98m2 rounds · 2 companies
Mining equipmentUS$39.21m1 rounds · 1 companies
Metals and alloysUS$14.84m1 rounds · 1 companies
CompositesUS$12.83m5 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

197Acquisition
13Merger

Most active acquirers

  1. Jsw paints18
  2. Jsw steel15
  3. Sudarshan chemical industries6
  4. Anupam Rasayan India5
  5. Maithan alloys5

Most acquired or merged

  1. Akzo Nobel India9
  2. Vinpai4
  3. AkzoNobel India4
  4. Clean science and technology3
  5. Bayer AG3

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

Go deeper in the chemicals and materials landscape reports:

Chemicals and Materials Industry Landscape of India

Founders and momentum in West Bengal

Meet the people behind chemicals and materials companies in West Bengal. 68 of 270 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore West Bengal chemicals and materials companies by sub-sector

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

Keep exploring chemicals and materials in India and nearby markets.

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