Company lists
The India edition · 2026

Metals and alloyscompanies in India

Steel, aluminium & copper, ferro alloys & mining, scrap & recycling, large groups and more: the companies building metals and alloys in India, with their founders, funding, team size and business models.

803 company profiles257 with reported revenue6 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent metals and alloys business events in India

Funding, M&A, contract wins and launches involving 888 metals and alloys companies in India, last 24 months: 116 Contracts · 60 M&A deals · 14 funding rounds · 11 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
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
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&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
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
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
Contract

John Cockerill India · client: Jsw steel

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

ContractSupply

Texmaco rail & engineering · client: Hindalco industries

Texmaco Rail & Engineering has announced the receipt of a significant order valued at ₹23.57 crores from Hindalco Industries Limited.

Rail Freight
ContractService

RITES Limited · client: National Aluminium

Shares of RITES Limited surged more than 4% after the company announced a significant upward revision in its ongoing contract with National Aluminium Company Limited (NALCO). The revised…

Infrastructure
ContractSupply

Sms group · client: Resources Pellets Concentrates

India’s Resources Pellets Concentrates Pvt. Ltd. (RPCL) Bengaluru, a joint venture between BKG Mining Private Limited and Fomento Resources Pvt. Ltd., has placed an order for a compact…

Mining
ContractService

Rites · client: National Aluminium

RITES has announced a significant amendment to its existing contract with National Aluminium Company Limited (NALCO), enhancing the contract value from ₹79.73 crore to ₹118.89 crore,…

Infrastructure
M&AAcquisition · Announced

Welspun corp acquires Welspun Mauritius Holdings Limited

Welspun Corp has announced a delay in the acquisition of approximately 2.57% equity stake in its subsidiary, Welspun Mauritius Holdings Limited (WMHL).

M&AMerger · Announced

Jsw steel acquires Jfe steel

JFE Steel Corporation will invest Rs 15,750 crore to form a joint venture with the steel major

Steel
ContractSupply

Welspun corp · client: Na

Welspun Corp shares gained 4% on Monday after the steel and plastics products maker said it won a large order for supply of pipes from the firm’s US facility valued at approximately Rs…

ContractSupply

Hilton metal forging · client: Na

Hilton Metal Forging Limited has entered into an interim sales agreement for the supply of 360,000 standard 155mm M107 empty artillery shells, marking a significant step in its expansion…

Defence
ContractSupply

Oyster Renewable Energy Pvt Ltd · client: Jindal stainless

In 2024, the stainless steel maker had signed a power purchase agreement (PPA) with Oyster Renewable for hybrid power (solar and wind) supply.

Renewable Energy / Power Supply
Funding

MM Forgings

The Board of MM Forgings decided on Wednesday that the company will raise funding of an amount not exceeding ₹600 crore by way of issue of equity shares through any permissible mode.

ContractSupply

Vibhor steel tubes · client: Jindal Pipes

VSTL, which has a contract manufacturing agreement with Jindal Pipes to manufacture and supply finished goods under the brand name Jindal Star, currently sees over 80% of its total…

M&AMerger · Announced

Tata steel acquires Neelachal ispat nigam

The company approved the amalgamation of Neelachal Ispat Nigam Limited (NINL), its wholly owned subsidiary, into Tata Steel.

M&AMerger · Announced

Neelachal ispat nigam acquires Neelachal ispat nigam

Tata Steel’s board has approved Neelachal Ispat Nigam Limited, a wholly owned subsidiary of the company, to merge with itself.

ContractTechnology

Shipwaves · client: Hindalco industries

Shipwaves Online Limited has secured a purchase order valued at ₹1.56 crore from Hindalco Industries Limited to deploy an end-to-end logistics digitalization platform aimed at improving…

ContractSupply

CMR Green Technologies Limited · client: Hindustan zinc

Hindustan Zinc Limited, one of the world’s largest integrated zinc producers and among the top five silver producers globally, has signed a Memorandum of Understanding (MoU) with CMR…

Zinc alloy manufacturing
Contract

Tripura Group · client: Hindustan zinc

This marks the second major partnership for Zinc Park in Rajasthan, following Hindustan Zinc’s earlier MoU with Tripura Group.

M&AAcquisition · Announced

JSL Overseas Holding Limited acquires Jindal stainless

JSL Overseas Holding Limited has acquired 6,39,612 equity shares of Jindal Stainless Limited through a market purchase on March 2, 2026.

Stainless Steel
M&AAcquisition · Announced

Sar televenture acquires Grand foundry

SAR Televenture Limited has announced a mandatory open offer to acquire additional equity shares of Grand Foundry Limited following its agreement to purchase a controlling 70.17% stake…

M&AAcquisition · Completed

Gravita india ltd acquires Rashtriya Metals Industries Limited (RMIL)

Jaipur based Gravita India Ltd has acquired Rashtriya Metals Industries Limited (RMIL) for Rs 565 crore and has now entered the into large-scale copper recycling segment.

Copper recycling
ContractSupply

Hindalco industries · client: Embraer

Embraer and Hindalco Industries have signed a memorandum of understanding (MoU) to undertake exploratory activities aimed at assessing potential business opportunities in India.

Aerospace, aluminum manufacturing
ContractInfrastructure

Hindustan zinc · client: Tripura Group

Hindustan Zinc Limited (HZL), the world’s largest integrated zinc producer and amongst the top five silver producers globally, has signed a Memorandum of Understanding (MoU) with Tripura…

Zinc
ContractTechnology

Embraer · client: Hindalco industries

New Delhi: Brazilian aviation major Embraer, which is eyeing a multi-billion dollar contract from the Indian Air Force for its medium transport aircraft project, has signed a Memorandum…

Aerospace
M&AAcquisition · Completed

Maithan alloys acquires Bank of baroda

Maithan Alloys purchased 6,59,000 equity shares, representing 0.01% shareholding in Bank of Baroda.

Metals and alloys companies in India, by revenue

Browse metals and alloys companies in India 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 257 metals and alloys companies in India 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 gold and diamond jewellery

Metals and alloys
₹280,918.35 crFY 2023-24
-17%2023–2024
4+0% 12 mo to Sep 2024recorded Sep 2024
37 yr1989
0none in 3 months

Manufacturer of aluminium

Metals and alloys
₹224,459.00 crFY 2022-23
Not reported
14,647-4% 12 mo to Mar 2024LinkedIn · Jul 2026
68 yr1958
0none in 3 months

Manufacturer of flat and long steel products

Metals and alloys
₹169,518.00 crFY 2024-25
-4%2024–2025
340-14% 12 mo to Sep 2023recorded Sep 2023
44 yr1982
0none in 3 months

Indian state-owned steel-making company

Metals and alloys
₹106,445.29 crFY 2023-24
Not reported
14,132-4% 12 mo to Jul 2024LinkedIn · Jul 2026
72 yr1954
0none in 3 months

Manufacturer of flat carbon steel products

Metals and alloys
₹54,612.74 crFY 2024-25
-11%2024–2025
12,002+888% vs previous recordLinkedIn · Jul 2026
7 yr2019
5postings · last posted Sep 2026

Mining company that mines multiple minerals

Mining companies
₹17,144.64 crFY 2024-25
+28%2024–2025
755-82% 12 mo to Apr 2023LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Manufacturer of ferro alloy and steel products

Metals and alloys
₹15,368.13 crFY 2024-25
+15%2024–2025
3,569+3% 12 mo to Aug 2024LinkedIn · Jul 2026
35 yr1991
1postings · last posted Aug 2026

Importer of gold and bullion, specializing in precious jewelry items

Traditional conglomerates
₹14,126.57 crFY 2024-25
-16%2024–2025
32LinkedIn · Jul 2026
46 yr1980
0none in 3 months

Manufacturer of cold-rolled and galvanized steel products

Metals and alloys
₹12,059.40 crFY 2024-25
+5%2024–2025
770+4% 12 mo to Feb 2024recorded Feb 2024
14 yr2012
0none in 3 months

Manufacturer of electrosteel products

Metals and alloys
₹8,282.11 crFY 2024-25
-4%2024–2025
1,790-2% 12 mo to Aug 2024recorded Aug 2024
20 yr2006
0none in 3 months

Trader and manufacturer of metals and other products

Metals and alloys
₹6,306.85 crFY 2021-22
Not reported
646+52% vs previous recordLinkedIn · Jul 2026
52 yr1974
2postings · last posted Aug 2026

Manufacturer of raw iron and processed steel products

Metals and alloys
₹6,418.46 crFY 2024-25
-3%2024–2025
1,449+6% 12 mo to Jul 2024LinkedIn · Jul 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

Inappropriate content

Metals and alloys
₹5,553.28 crFY 2023-24
Not reported
2+0% 12 mo to Aug 2024recorded Aug 2024
27 yr1999
—No postings tracked

Producer of sponge iron and steel products

Metals and alloys
₹5,213.60 crFY 2022-23
-14%2022–2023
2,076-1% 12 mo to Mar 2022recorded Mar 2022
36 yr1990
0none in 3 months

Manufacturer of iron, steel, and pallet products

Metals and alloys
₹5,243.25 crFY 2024-25
Not reported
1,001recorded
24 yr2002
0none in 3 months

Manufacturer of wire rods, coils, angles, and other products

Manufacturing services
₹5,222.68 crFY 2024-25
+0%2024–2025
268LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Manufacturer of aluminium products

Metals and alloys
₹4,138.73 crFY 2021-22
Not reported
1,639-85% 12 mo to Nov 2021LinkedIn · Jul 2026
58 yr1968
0none in 3 months · last posted Jun 2026

Provider of equipment and solutions for steel, engineering, and infrastructure sectors

Metals and alloys
₹4,123.66 crFY 2024-25
-4%2024–2025
2,160+92% 12 mo to Feb 2024LinkedIn · Jul 2026
43 yr1983
0none in 3 months

Recycler and manufacturer of lead, aluminium, and plastic products

Metals and alloys
₹3,980.61 crFY 2024-25
+23%2024–2025
823-11% 12 mo to Jun 2024LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Manufacturer of steel and metal products

Metals and alloys
₹3,971.21 crFY 2024-25
+12%2024–2025
380LinkedIn · Jul 2026
40 yr1986
2postings · last posted Jul 2026

Manufacturer of high-quality steel products

Metals and alloys
₹3,569.63 crFY 2024-25
-8%2024–2025
131+34% vs previous recordLinkedIn · Jul 2026
17 yr2009
0none in 3 months

Manufacturer of pig iron and ductile iron pipes for industries

Metals and alloys
₹3,273.21 crFY 2022-23
+19%2022–2023
—Not available
23 yr2003
0none in 3 months

Manufacturer of precision-engineered products and building solutions

Metals and alloys
₹3,263.27 crFY 2024-25
+3%2024–2025
2,415-0% 12 mo to May 2024LinkedIn · Jul 2026
38 yr1988
0none in 3 months

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
50 of 803 companies shown here · the full list is on Radar
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Open metals and alloys in India on Radar
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Explore metals and alloys companies in India by what you are looking for

Browse top metals and alloys companies in India, from steel and aluminium producers to ferro alloy makers and metal recyclers. You can also see metals and alloys startups in India and companies that are hiring.

9 ways to explore metals and alloys in India

Steel & iron manufacturersAluminium, copper & non-ferrous metal companiesFerro alloy & mining companiesMetal scrap & recycling companiesLarge diversified metal & steel groupsGalvanizing, sheet metal & fabrication companies

Steel & iron manufacturers

Makers of steel bars, structural steel, wire rods and stainless products.

  1. Jai Balaji Group

    Manufacturer of raw iron and processed steel products

    Metals and alloys
    See in list
  2. MS Agarwal Foundries

    Manufacturer of TMT steel bars

    Building materials
    See in list
  3. Metarolls

    Metaroll - The Power of Steel

    Building materials
    See in list
  4. Nandan Steels

    NANDAN STEELS POWER LIMITED|NSPL|HI-TECH POWER & STEEL LIMITED|HSPL

    Manufacturing services
    See in list
  5. KL Steels

    Manufacturer of carbon, alloy, stainless & duplex steel

    Metals and alloys
    Website

Aluminium, copper & non-ferrous metal companies

Producers and traders of aluminium, copper, lead and zinc.

  1. NALCO

    Mining company that mines multiple minerals

    Mining companies
    See in list
  2. Chloride Metals

    Manufacturers of lead & lead based products for the battery industry

    Energy storage
    See in list
  3. Galena Metals

    Manufacturer of lead metal products

    Metals and alloys
    Website
  4. Lyon Copper Alloys

    Manufacturer of copper tubes, pipes, fittings, and coils

    Metals and alloys
    Website
  5. Emmes Metals

    Manufacturer of aluminium and zinc based alloys and soldering fluxes

    Metals and alloys
    Website

Ferro alloy & mining companies

Makers of ferro alloys and miners of metals and minerals.

  1. NALCO

    Mining company that mines multiple minerals

    Mining companies
    See in list
  2. Mesco Steel

    Steel Manufacturers

    Metals and alloys
    Website
  3. Metkore Alloys & Industries

    Manufacturer of ferro alloys

    Mining companies
    Website
  4. Indianispat

    Provider of steel, raw materials, ferro alloys, and finished goods

    Diversified materials
    Website
  5. Mfolks

    Provider of a platform for trading metal industry raw materials

    Diversified materials
    Website

Metal scrap & recycling companies

Recyclers and traders of ferrous and non-ferrous scrap.

  1. Rubamin

    Provider of recycling solutions for industrial waste and end-of-life products

    Waste & water management
    See in list
  2. Retrieve Exim

    Metal recycling company, dealing in all types of scrap metals

    Metals and alloys
    Website
  3. Rose Metals

    Provider of services related to precious metal extraction and processing

    Metals and alloys
    Website
  4. Alpine International

    Manufacturer of ferrous and non-ferrous scrap metals

    Metals and alloys
    Website
  5. Universal Exports

    Provider of metal, aluminum, and copper wire scrap services

    Waste & water management
    Website

Large diversified metal & steel groups

Big steel, mining and power groups operating across industries.

  1. M.D. Overseas

    Importer of gold and bullion, specializing in precious jewelry items

    Traditional conglomerates
    See in list
  2. Manaksia

    Diversified conglomerate operating across multiple industries

    Traditional conglomerates
    Website
  3. Jindal Steel and Power

    Jindal Steel and Power is an leading player in steel, power, mining, oil and gas and infrastructure company based on New Delhi.

    Global 2000
    Website
  4. Hindustan Zinc Limited

    Hindustan Zinc is a Vedanta Group company in zinc.

    Global 2000
    Website
  5. OCL Iron & Steel

    OCL Iron and Steel Ltd is engaged in the manufacturing of iron and steel and other components. The company's segment includes Sponge and steel, Power and Others. It is engaged in coal mining, generation of power, manufacturing of sponge iron, steel billets, manufacturing activities, and other financial activities. The company's product consists of Steel billets, Direct reduced iron (DRI) and Power. It has coal-based DRI production unit at Rajgangpur, District Sundergarh, Orissa. The company has additional DRI kilns, coal washery, power plant, steel melt shop, rolling mills, and associates raw

    Global 2000
    Website

Galvanizing, sheet metal & fabrication companies

Hot-dip galvanizers, sheet metal and fabricated metal part makers.

  1. POSHS metal industries

    Processor of hot rolled and cold rolled steel coils and sheets

    Metals and alloys
    Website
  2. Hi-Tech Radiators

    Manufacturer of radiator and distribution tank solutions

    Manufacturing services
    Website
  3. TJSV Steel Fabrication and Galvanizing

    Provider of steel fabrication and hot-dip galvanizing services

    Metals and alloys
    Website
  4. Lysaght Taperline Poles

    Manufacturer and supplier of metal crash barriers, high mast lighting poles, and galvanized lighting poles

    Metals and alloys
    Website
  5. Sigma Galvanizig

    Provider of hot-dip galvanizing services

    Manufacturing services
    Website

Metals and alloys startups in India

Recently founded metals and alloys companies in India.

  1. Karel Bullions & Jewels

    Online marketplace for gold & silver bars

    Metals and alloys
    Website
  2. Inalco Metal

    Manufacturer of aluminium sheets and coils for diverse industrial applications

    Metals and alloys
    Website
  3. Ananta Recycling

    Manufacturer of secondary grade aluminum ingots, bars, shots, and alloys

    Metals and alloys
    Website
  4. Omgurudevmetals

    Supplier of stainless steel products including sheets, pipes, angles, and rods

    Metals and alloys
    Website
  5. Refmet Metal Technololgies

    Manufacturer of ferro alloys, synthetic slag, and refractory products

    Metals and alloys
    Website
63 companies in India

Metals and alloys companies hiring in India

Metals and alloys companies with open jobs.

  1. ArcelorMittal

    Manufacturer of flat carbon steel products

    Metals and alloys
    See in list
  2. MTC Group

    Trader and manufacturer of metals and other products

    Metals and alloys
    See in list
  3. Jindal Aluminium

    Manufacturer of aluminium products

    Metals and alloys
    See in list
  4. Carbon Resources

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

    Metals and alloys
    See in list
  5. Rubamin

    Provider of recycling solutions for industrial waste and end-of-life products

    Waste & water management
    See in list
11 companies in India

Listed metals and alloys companies in India

Publicly listed metals and alloys companies.

  1. Rajesh Exports

    Manufacturer gold and diamond jewellery

    Metals and alloys
    See in list
  2. Hindalco

    Manufacturer of aluminium

    Metals and alloys
    See in list
  3. JSW Steel

    Manufacturer of flat and long steel products

    Metals and alloys
    See in list
  4. Sail

    Indian state-owned steel-making company

    Metals and alloys
    See in list
  5. NALCO

    Mining company that mines multiple minerals

    Mining companies
    See in list
81 companies in India
Mobile reach

Top 10 metals and alloys apps from India

The most-installed Android apps published by metals and alloys companies headquartered in India — 81K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

NALCO NAGINAA

by NALCO

Installs11K
Rating—
Last updatedJul 2024
View on Google Play ↗
NALCO NAGINAA screenshot 1NALCO NAGINAA screenshot 2NALCO NAGINAA screenshot 3NALCO NAGINAA screenshot 4NALCO NAGINAA screenshot 5
The business behind the activity

Metals and alloys financials in India

Revenue, profit and growth from the filed annual accounts of 247 metals and alloys companies in India for FY24-25 — 279 of the 803 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 68% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹580,858.72 cr

247 companies filing accounts

combined net profit₹30,709.54 cr

5.3% aggregate margin

are profitable91%

224 of 247 companies

median revenue~₹167.0 cr

the typical company

median revenue growth+6%

into FY24-25

earned by the top five68%

revenue concentration

Six-year view

Combined revenue of filing companies

₹283,163.98 crFY19-20239 filers
₹233,596.30 crFY20-21246 filers
₹387,985.29 crFY21-22254 filers
₹483,330.70 crFY22-23256 filers
₹589,195.24 crFY23-24264 filers
₹580,858.72 crFY24-25247 filers

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

Like-for-like

The same 228 companies over three years

+1%
FY22-23₹471,086.25 cr₹15,184.27 cr net
FY23-24₹487,316.26 cr₹25,762.90 cr net
FY24-25₹475,500.37 cr₹23,925.92 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 cr450% profitable
₹1–10 cr1662% profitable
₹10–100 cr8090% profitable
₹100–1,000 cr10096% profitable
Over ₹1,000 cr4794% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking98
0–20%73
20–50%40
50–100%14
Doubled+19

244 companies with accounts for both years; median growth +6%.

Profitability

Profit is concentrated at the top

224profitable
23loss-making
5.3%aggregate margin
2.1%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
Deeptialloysteel.comECOFINITY ATOMIX LIMITED+371%₹31.77 cr
Sakshi Steel N AlloysSAKSHI STEEL-N-ALLOYS PRIVATE LIMITED+303%₹153.19 cr
SSMRSHREE SHANTI METAL RECYCLING PRIVATE LIMITED₹46.51 cr
Madhav CopperMADHAV COPPER LIMITED+211%₹125.47 cr
Chemico SyntheticsCHEMICO SYNTHETICS LTD+180%
KotechKOTECH INFRA PRIVATE LIMITED₹27.31 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Nova Iron & SteelNOVA IRON AND STEEL LIMITED35.4%₹419.85 cr
NALCONATIONAL ALUMINIUM CO LTD31.1%₹17,144.64 cr
Maithan AlloysMAITHAN ALLOYS LTD.
RubaminRUBAMIN PRIVATE LIMITED
FrontierFRONTIER ALLOY STEELS LIMITED19.5%₹520.16 cr
SteelcastSTEELCAST LIMITED19.0%₹380.61 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Metals and alloys217₹524,914.57 cr~₹153.2 cr91%4.6%
Manufacturing services13₹11,929.68 cr~₹326.9 cr85%3.8%
Building materials6₹3,538.67 cr~₹199.2 cr83%0.7%
Leaders

Largest metals and alloys companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
JSW SteelJSW STEEL LIMITED₹129,567.00 cr₹5,837.00 cr4.5%-5%
SailSTEEL AUTHORITY OF INDIA LIMITED₹103,612.60 cr₹2,147.96 cr2.1%-3%
HindalcoHINDALCO INDUSTRIES LIMITED₹94,638.00 cr₹6,387.00 cr6.7%+13%
ArcelorMittalARCELORMITTAL NIPPON STEEL INDIA PRIVATE LIMITED₹52,877.88 cr₹2,444.93 cr4.6%-11%
NALCONATIONAL ALUMINIUM CO LTD₹17,144.64 cr₹5,324.67 cr31.1%+28%
M.D. OverseasM D OVERSEAS PRIVATE LIMITED₹14,128.48 cr₹299.77 cr2.1%-16%
Orissa MetaliksORISSA METALIKS PRIVATE LIMITED₹1,115.14 cr-5%
POSCO MaharashtraPOSCO MAHARASHTRA STEEL PRIVATE LIMITED₹12,059.40 cr₹993.20 cr8.2%+5%
ESL SteelESL STEEL LIMITED₹8,282.11 cr−₹266.19 cr-3.2%-4%
Shyam MetalicsSHYAM METALICS AND ENERGY LIMITED₹6,617.89 cr₹489.62 cr7.4%-2%
Some figures are available to Radar members.Log in to Radar to see every figure

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

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full metals and alloys landscape of India 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 metals and alloys landscape of India
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

Metals and alloys funding and M&A across India

12 recorded equity rounds have gone to 888 metals and alloys companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$14.84m

equity rounds, last 24 months1

US$14.84m

raised over five yearsUS$20.75m

2 rounds in India

M&A deals, India60

last 24 months

Capital by year

Equity funding into metals and alloys in India

amount rounds
$26k20201
$5.9m20231
$15m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2023, with US$5.92m across 1 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

Series AUS$5.92m1 rounds · median US$5.92m
Series BUS$14.84m1 rounds · median US$14.84m
Where the money went · five years

Most-funded sub-sectors

Metals and alloysUS$14.84m1 rounds · 1 companies
Textile machineryUS$5.92m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

53Acquisition
7Merger

Most active acquirers

  1. Jsw steel15
  2. Maithan alloys5
  3. Hindalco industries5
  4. Jindal stainless5
  5. Electrosteel castings3

Most acquired or merged

  1. Arjas steel3
  2. BPSL2
  3. Neelachal ispat nigam2
  4. EMIL Mines and Mineral Resources Limited2
  5. Aluchem2

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

Metals and alloys funding in India

6 metals and alloys companies in India have recorded equity funding, US$39.14m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind metals and alloys companies in India. 252 of 803 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India metals and alloys companies by sub-sector

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

Keep exploring metals and alloys in India and nearby markets.

Coming soon