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Home Top 10 Companies

Top Abrasive Manufacturers in India 2022

Raveendran R by Raveendran R
April 14, 2022
in Top 10 Companies
Reading Time: 6 mins read
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This is the List of Top Abrasive Manufacturers in India sorted as per Total sales before that take a look at the Abrasive Industry in India.

Abrasive Industry India

The Abrasives industry in India currently has two major players offering a full range of Abrasives products. Apart from these two major players, there are several European, Korean and Japanese players present in the market through their agents or distributors. Also, there are several small local players present in a select range of products. Here is the list of Abrasive manufacturers in India.

List of Abrasive Company in India

Here is the List of Top Abrasive Manufacturers in India and is ranked based on total sales in recent years.

1. Carborundum Universal Ltd

Carborundum Universal Limited (CUMI) was founded in 1954 as a tripartite collaboration between the Murugappa Group, The Carborundum Co., USA and the Universal Grinding Wheel Co. Ltd., U.K. Largest Abrasive manufacturers in India based on the Turnover.

The Company pioneered the manufacture of Coated Abrasives and Bonded Abrasives in India in addition to the manufacture of Super Refractories, Electro Minerals, Industrial Ceramics and Ceramic Fibres.

  • Total Sales: Rs 2,751 Cr
  • Profit: Rs 238 Cr
  • Market Cap:  6,213 Cr.
  • ROE: 15.01 %
  • Sales Growth (3Yrs): 11.42 %
  • Promoter holding: 42.08 %
  • Debt to equity: 0.04
  • Price to book value: 3.40

Today, the Company’s range of over 20,000 varieties of Abrasives, Ceramics, Refractory products and electro-minerals manufactured across several locations in and outside the country. The Company is largest Abrasive Manufacturers in India.

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CUMI’s products are being exported to more than 50 countries spread across North America, Europe, Australia, South Africa and Asia

2. Grindwell Norton Ltd

Grindwell Norton (GNO), a company listed on the Bombay and National Stock Exchanges, pioneered the manufacture of grinding wheels in India in 1941.

In 1990, Saint-Gobain acquired Norton Company, USA, worldwide and thereby became a shareholder in GNO. In 1996, Saint-Gobain increased its equity stake, making GNO its first majority-owned subsidiary in India. 

  • Total Sales: Rs 1,604 Cr
  • Profit: 178 Cr
  • Market Cap:  6,315 Cr.
  • ROE: 14.97 %
  • Sales Growth (3Yrs): 11.57 %
  • Promoter holding: 58.32 %
  • Debt to equity: 0.00
  • Price to book value: 5.75

Today, GNO’s businesses include: Abrasives, Ceramic Materials Businesses (Silicon Carbide and Performance Ceramics & Refractories), Performance Plastics and ADFORS. One of the largest Abrasive manufacturers in India.

The Saint-Gobain Country Head office, INDEC (the captive India IT Development Centre for the Saint-Gobain Group globally) and CertainTeed are also part of GNO. GNO’s subsidiary, Saint-Gobain Ceramic Materials Bhutan Pvt. Ltd., manufactures Silicon Carbide.

The Group currently holds 51.66% of the equity capital of GNO.

3. Wendt India Ltd

Wendt (India) Limited (WIL) was incorporated in 1980 as a Joint Venture between Wendt GmbH and The House of Khataus. In 1991, Carborundum Universal Ltd (CUMI), 5.3 billion USD Billion Murugappa Group Company acquired the Khatau’s stake in the business.

Since then WIL has been a 40 – 40 Joint Venture between Wendt GmbH and CUMI. The public holds the balance of 20% equity. Wendt India is one of the Abrasive manufacturers in India

  • Total Sales: Rs 163.56 Cr
  • Profit: 14.05 Cr
  • Market Cap:  596.60 Cr.
  • ROE: 12.28 %
  • Sales Growth (3Yrs): 6.87 %
  • Promoter holding: 79.74 %
  • Debt to equity: 0.00
  • Price to book value: 4.36

Wendt India is ranked among the Top 25 successful Indo-German JVs by the Indo-German Chamber of Commerce (IGCC).

4. Hindustan Abrasives

Hindustan Abrasives is a market disruptor with their innovation led manufacturing and customer-first approach. The company is poised to become a global leader in Grinding Wheels and other Abrasive solutions.

The company is NO1 Manufacturer & Supplier of Grinding Wheels & Rice Rubber Roll. From Gear Grinding to Rice Whitening and everything in between, The companies precision grinding wheels, cones and other products offer consistent quality and superior cutting, grinding and polishing action.

  • Founded : 1985
  • Manufacturing area : 1,00,000 Sq. Ft.

Since 40 years the company core engineering and utmost service, and performance optimized solutions has helped hundreds of clients across the globe get the best results even in the most complex and challenging applications. The company is among the top Abrasive manufacturers in India.

5. Sterling Abrasives Limited (SAL)

Sterling Abrasives Limited (SAL) is Founded in 1969 by Mr. Nitin Parikh. Sterling Abrasives Limited (SAL) is an ISO 9001 : 2015 certified enterprise manufacturing a wide range of grinding wheels for The past four decades.

The company is one of the leading manufacturers of Grinding Wheels. making full range of Vitrified & Resin Bonded Grinding Wheels upto Diameter 1220mm. The company Product quality is comparable with the best in the industry.

Sterling Abrasives Limited today caters to the need of major Industries like Auto, Auto Components, Bearing, Steel, Spring, Surgical Blades, General Engineering etc. With The In house development, Sterling Abrasives Ltd. has mastered The manufacturing of Rice Rollers and is the largest supplier of Rice Polishing wheels in India.

6. Orient Abrasives

Orient Abrasives is India’s largest manufacturer of Calcined and Fused Alumina products. Orient Abrasives was set up in 1974, in technical collaboration with Karborundum, Bentueky, Czechoslovakia by the Rajgarhia group of industries as a venture to manufacture Calcined and Fused Alumina products.

  • Total Sales: Rs 346 Cr
  • Market Cap: ₹ 274 Cr.
  • Dividend Yield: 0.66 %
  • ROCE: 12.7 %
  • Face Value: ₹ 1.00
  • Promoter holding: 63.6 %
  • Debt to equity: 0.15

Today, the Company enjoys the position of being the largest producer of Calcined and Fused Products in India. An ISO 9001 certification and a strong management have led the way for the Company to become a large organization, recognized for its quality offerings.

7. Welcast Steels Ltd

Welcast Steels Ltd is a leading Indian manufacturer of municipal and agricultural castings with satisfied clientele across North America, Europe, Africa, Asia, and Australia. Our products are measurably superior in terms of its inherent metallurgy, dimensional accuracy and surface finish.

  • Total Sales: Rs 270 Cr
  • Market Cap: ₹ 24.0 Cr.
  • Book Value: ₹ 487
  • Dividend Yield: 0.00 %
  • ROCE: -0.13 %
  • Face Value: ₹ 10.0
  • Promoter holding: 74.8 %
  • Debt to equity: 0.07

The company customer service and delivery precision is amongst the finest in the industry. The company also has experienced design and development team is capable of developing the most critical castings. The company production and quality control teams are separate and independent of each other.

NoCompany Name
1Carborundum Universal Ltd
2Grindwell Norton Ltd
3Wendt India Ltd
4Hindustan Abrasives
5Sterling Abrasives Limited (SAL)
6Orient Abrasives
7Welcast Steels Ltd
Top Abrasive Manufacturers in India
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Raveendran R

Raveendran R

Editor @ Indiancompaies.in

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Comments 5

  1. Ranga Ram Karri says:
    3 years ago

    We are the producers of high(A) grade to low (C) grade materials of different sizes right from o to 100 mm and also big sizes 1000 to 2500 mm Reply me

    Reply
  2. Praveen Jain says:
    3 years ago

    We are manufacturer of Whisker Calcium Sulfate from Vadodara which is widely used as abrasive raw material in manufacturing of grinding wheel. We are the only manufacturer of Whisker Calcium Sulfate in India and have developed this product against alternate from China. So now indian manufacturer need not import and can contact us for their requirement. So for your bulk requirement of Whisker calcium sulfate feel free to

    Reply me

    Reply
  3. Prakash says:
    5 years ago

    Another major coated abrasive Manufacturer /converter in India is MDA SUPERGRITS PVT LTD in Karnataka near Bangalore

    Reply
  4. Santosh Jangam says:
    5 years ago

    To sell cutting wheel and grinding wheel

    Reply
    • RAKESH KUMAR JAIN says:
      2 years ago

      Hello Sir,

      we manufacture, printing, packaging and signage of your product

      Reply

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