Sector Snapshot · Other Construction Materials

India's Construction Materials Ride the Infrastructure Boom

A fast-read primer on India's broader construction materials sector — the backdrop against which we benchmark every company's cost structure in this category.

Rs 12.22 lakh cr
Infrastructure capex outlay, Union Budget 2026-27
166.7
Index of Eight Core Industries, Feb 2026
8-9%
Cement demand growth through FY26
9.2%
Cement production growth, FY26
Rs 52,266.94 cr
FDI in cement & gypsum products since April 2000

Core Industries and Cement Output Both Keep Rising

The core industries index and cement production are both tracking the same upward infrastructure-led trend.

Index of Eight Core Industries

Feb 2025 → Feb 2026

163.0
Feb 2025
166.7
Feb 2026

Cement Production (million tonnes)

FY25 → FY26 estimate

453 MT
FY25
490 MT
FY26E

What's Pushing the Sector Forward

Government capex, rising investment, and structural growth in construction demand all reinforce this category.

Budgetary Push
  • Infra capex raised to Rs12.22 lakh crore in FY27
Rising Investment
  • FDI in cement & gypsum products reached Rs52,266.94cr since 2000
Structural Advantage
  • Steel and cement both posted strong growth in the core industries index

Recent Developments

A sample of the industry-wide and policy moves shaping the sector through early 2026.

Companies We Benchmark in This Sector

Listed Indian Other Construction Materials companies in tDoBe's cost-benchmarking coverage.

Midwest Energy
Ramco Industries
BirlaNu Ltd
Arisinfra Solutions
Everest Industries
Vishnusurya Projects
Teamtech Formwork
Sahyadri Industries
Marble City India
Nichi Granites & Marbles
Glittek Granites
Ravi Leela Granites
Divyashakti
Associated Ceramics
MCON Rasayan India
Lortha Finance
Jai Mata Glass
Neelkanth Rock Minerals

The Cost Benchmark — What We Actually FoundtDoBe Think Report

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.

15.4%
tDoBe Average — Other Expenses as % of net revenue
10.6×
Gap between the highest and lowest company
10
Cost categories, sorted by meaning
4.1%
Biggest single category — Miscellaneous & Others
FY24/25
Latest available financial records

Where Companies Land — Total Other Expenses

Each mark is one company's total Other Expenses as % of net revenue. No company is named here.

15.4%
0%5%10%15%20%25%30%35%

tDoBe Average by Cost Category

Ranked from biggest to smallest.

Miscellaneous & Others
4.1%
Freight, Distribution & Logistics
1.9%
Repairs & Maintenance
1.1%
Legal & Professional Fees
0.7%
Travel & Conveyance
0.7%
Total Other Expenses
15.4%
Where the Cost Really Sits

Miscellaneous & Others leads at 3.8% of revenue, with Freight, Distribution & Logistics (1.9%) and Repairs & Maintenance (1.1%) next — moving heavy building materials is a real cost here.

Why the Range Is So Wide

Five different businesses share this one sector code — fibre-cement and roofing, marble and granite, formwork systems, project and EPC services, and a building-materials marketplace platform. That mix, more than any efficiency gap, drives the 10.6x spread.

One Company Held Back

One company's revenue was too small, and its costs too dominated by a one-off accounting item, to include in a fair comparison — it's kept in the full workbook for reference, just not in the averages.

See Where Your Own Company Stands

This is the free, sector-wide view. It tells you where Other Construction Materials stands as a whole — not where your own company stands against it, category by category, in rupees.

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Compiled from public government and industry sources, February 2026 update · Figures rounded · tDoBe sector snapshot, for informational purposes · Cost Benchmark findings compiled from companies' own financial records, FY2024/25.