Ahmedabad, 9th September 2025 — Magma, a next-generation B2B industrial solutions startup, has surpassed ₹500 crore in its order book for FY26, signaling robust demand across its core verticals: speciality raw materials, waste management, green energy, biomaterials, and logistics.
Currently serving manufacturers in building materials, packaging, paper, chemicals, polymers, and plastics, Magma operates with an ecosystem-led model that balances scale, profitability, and margin discipline. The company is strategically streamlining its industrial gases segment under green energy to focus on higher-value, mission-critical revenue streams.
A key growth driver is TerraMag, Magma’s private-label arm producing industrial powders and compounds through its in-house processing facility. TerraMag enables consistent, application-ready performance for production environments, and is set to expand with new SKUs in the coming quarters—deepening Magma’s control over the value chain.
In parallel, Magma is scaling its waste management business, which began with packaging and kraft waste and now includes PET and plastic waste. This expansion supports a more comprehensive circular economy offering for industrial clients and strengthens Magma’s position in recycled inputs.
With operations across 10 states, Magma is confident of fulfilling the majority of its ₹500 crore order book within the current fiscal year.
“Crossing this milestone reflects the trust India’s factories place in us,” said Neal Thakker, Founder & CEO of Magma. “FY26 will be about executing with precision—fulfilling this order book while maintaining full control of the value chain and balancing profitability with sustainability.”
