A fast-read primer on India's minerals and mining sector — the backdrop against which we benchmark every company's cost structure in this category.
Both of India's flagship mining outputs posted strong growth in the latest reporting period.
FY24 → FY25
FY25 → FY26 (Apr-Feb)
Vast reserves, rising output, and policy support for critical minerals define the sector.
A sample of the industry-wide and policy moves shaping the sector through early 2026.
Listed Indian Minerals & Mining companies in tDoBe's cost-benchmarking coverage.
The market facts above are public background. What follows is tDoBe's own work: every "Other Expenses" line from these companies' own financial records, read by hand and sorted into one clear set of categories — not a keyword search, not each company's own way of reporting it.
Each mark is one company's total Other Expenses as % of net revenue. No company is named here.
Ranked from biggest to smallest.
Miscellaneous & Others leads at 8.4% of revenue, with Power & Fuel/Utilities (2.0%) and Repairs & Maintenance (1.8%) next — a cost profile shaped by the physical, energy-intensive work of mining and mineral processing.
This sector spans large public-sector miners, integrated mineral processors and much smaller specialty companies — a mix of scale and business model, plus one company whose costs this year ran higher than its own revenue, that together drive the 32.3x spread.
We use each company's own standalone financial records — not group numbers, not each company's own labels. Every cost line is read by hand and placed into one common set of categories, so every company is compared the same way.
This is the free, sector-wide view. It tells you where Minerals & Mining stands as a whole — not where your own company stands against it, category by category, in rupees.
A below-average number is a reason to call too — the benchmark keeps improving as we go.