Company lists
The Maharashtra edition · 2026

Miningcompanies in Maharashtra

Coal & minerals, mining equipment, mining services, mining technology, manufacturing & processing and more: the companies building mining in Maharashtra, with their founders, funding, team size and business models.

70 company profiles26 with reported revenue1 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent mining business events in India

Funding, M&A, contract wins and launches involving 556 mining companies in India, last 24 months: 60 Contracts · 31 M&A deals · 4 launches · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractService

Lohum · client: Hindustan copper

Hindustan Copper Limited (HCL) has awarded LOHUM the rights to restart, upgrade, and maintain the 50,000 tonne-per-annum Copper Project at Jhagadia, Gujarat, under a 20-year…

Copper
M&AAcquisition · Completed

Bnp paribas acquires Lloyds metals and energy

Paris-based financial services company BNP Paribas on Monday bought nearly 9 lakh shares of Lloyds Metals and Energy from Morgan Stanley for ₹161 crore through open market transactions.

Financial services
M&AAcquisition · Completed

Tega industries acquires Molycop group

Tega Industries Limited has successfully completed the acquisition of the Molycop group. The transaction, finalized on June 1, 2026, marks a significant expansion for Tega into the…

Grinding media
M&AAcquisition · Completed

Tega industries acquires Molycop

Tega Industries Limited has successfully completed the acquisition of Molycop, a global leader in grinding media for the mining industry, in consortium with Apollo Funds. The transaction…

Mining
ContractSupply

Texmaco rail & engineering · client: Vedanta aluminium

India's Vedanta Aluminium Metal Limited has awarded Texmaco Rail & Engineering a Rs286m contract to supply a rake of bogie wagons for the transport of alumina, along with a brake van.

Rail
ContractInfrastructure

Amr india · client: Na

AMR India has secured the contract to develop the Sindi dry port, marking a significant step in strengthening inland logistics infrastructure.

Logistics Infrastructure
ContractInfrastructure

Amr india · client: Na

AMR India has secured a ₹363 crore contract for the Nagpur Multi-Modal Logistics Park (MMLP) following the conclusion of a fresh tender process, marking a significant development in…

Logistics Infrastructure
ContractInfrastructure

Rvnl · client: National mineral development corporation

On February 25, the PSU received an order worth Rs 284 crore from the National Mineral Development Corporation (NMDC) for the construction of a residential tower in Kirandul,…

Construction
ContractSupply

Metso · client: Lloyds Metals & Energy

Metso has received an order to deliver state‑of‑the‑art filtration technology for Lloyds Metals & Energy Limited’s iron ore concentrate filtration plants in Ghugus, Manikgarh, and…

Mining and Metals
LaunchALAISA (Aluminium AI Support Agent)

Vedanta aluminium

Vedanta Aluminium has introduced a first‑of‑its‑kind AI‑powered humanoid assistant, ALAISA (Aluminium AI Support Agent), at Bharat Aluminium Company Limited, marking a significant step…

ContractInfrastructure

Cingle Steel & Power Pvt. Ltd. · client: Vedanta aluminium

Vedanta Aluminium signed a Memorandum of Understanding (MoU) with two companies on Friday to establish its manufacturing units in the Vedanta Aluminium Park proposed in Jharsuguada, Odisha.

Aluminium
ContractInfrastructure

SCOT-AL Metcon Private Limited · client: Vedanta aluminium

Vedanta Aluminium signed a Memorandum of Understanding (MoU) with two companies on Friday to establish its manufacturing units in the Vedanta Aluminium Park proposed in Jharsuguada, Odisha.

Aluminium
Contract

Singhal Steel & Power Pvt. Ltd · client: Vedanta aluminium

Vedanta Aluminium, India’s largest aluminium producer, has taken a significant step towards building a robust downstream ecosystem by signing a Memorandum of Understanding (MoU) with two…

Industrial downstream manufacturing
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
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 · Completed

Lloyds metals and energy acquires CHEMAF Group

Lloyds Metals and Energy Ltd (LMEL) has taken a major step in global mining by acquiring the CHEMAF Group in the Democratic Republic of Congo (DRC). The deal, completed on 27 March 2026,…

M&AAcquisition · Announced

Lloyds metals and energy acquires CHEMAF Group

Lloyds Metals and Energy Ltd (LMEL) has taken a significant step by acquiring the CHEMAF Group.

ContractInfrastructure

Ardee Engineering · client: Hindustan copper

The company said its board has approved awarding the turnkey contract to Ardee Engineering Limited for setting up the plant at the Malanjkhand Copper Project in Madhya Pradesh.

Mining
ContractService

South west pinnacle · client: Hind Metal Exploration Pvt Ltd

South West Pinnacle Exploration Limited (SWPE), an integrated provider of drilling and exploration services for natural resources, has secured a long-term exploration services contract…

Exploration and Mining Services
ContractService

Bhaskar Jyoti India Private Limited · client: Northern coalfields limited

Bhaskar Jyoti India Private Limited has commissioned a 1.4 MW grid-connected rooftop solar power project at the facilities of Northern Coalfields Limited (NCL) in Singrauli, Madhya…

Renewable Energy
ContractService

Harsco environmental · client: Lloyds metals and energy

Enviri Corporation (NYSE: NVRI) confirmed that its Harsco Environmental division has signed a new 10-year contract with Lloyds Metals and Energy Limited to design, build, commission,…

Steel
M&AAcquisition · Completed

Lloyds Metals acquires Thriveni earthmovers

By mid-2025, Lloyds Metals had completed the acquisition of a 79.82% stake in Thriveni’s MDO business.

Mining
ContractInfrastructure

Nlc india · client: National Aluminium

NLC India Ltd. (NLCIL) has signed a memorandum of understanding with National Aluminium Company (NALCO), a Navaratna Central Public Sector Enterprise under the Ministry of Mines, to…

Energy
ContractGovernment

Hindustan copper · client: Coal india

HCL has signed multiple agreements with PSUs like Oil India Ltd and Coal India Ltd to explore, mine, and develop critical minerals (copper, nickel, cobalt) and rare earth elements.

Critical minerals
ContractGovernment

Hindustan copper · client: Oil india

HCL has signed multiple agreements with PSUs like Oil India Ltd and Coal India Ltd to explore, mine, and develop critical minerals (copper, nickel, cobalt) and rare earth elements.

Critical minerals
M&AAcquisition · Announced

Tata steel acquires Thriveni

Fair trade regulator CCI on Tuesday cleared Tata Steel’s proposal to acquire a 50.01 per cent equity stake in Odisha-based Thriveni Pellets.

Iron ore pellet production
ContractService

NTPC Vidyut Vyapar Nigam Limited (NVVN) · client: National Aluminium

NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC Limited, has invited online bids to develop a 7,000 kW (7 MW) grid-connected rooftop solar project for National…

Renewable Energy
Contract

Thriveni · client: Tata steel

It also announced the acquisition of a 50.01% stake in Thriveni Pellets Pvt. Ltd (TPPL).

Mining

Mining companies in Maharashtra, by revenue

Browse mining companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 26 companies below are the largest by their most recent reported revenue among 26 mining companies in Maharashtra 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 26

Provider of gold and silver exploration and manufacturing services

Mining companies
₹2,769.55 crFY 2023-24
-48%2023–2024
8-80% 12 mo to Jul 2020recorded Jul 2020
42 yr1984
0none in 3 months

Manufacturer of industrial and mining explosives, detonators, and explosive accessories

Mining equipment
₹1,102.86 crFY 2024-25
+98%2024–2025
91+46% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Manufacturer of diamonds & grading systems

Manufacturing services
₹814.26 crFY 2024-25
-70%2024–2025
131LinkedIn · Jul 2026
43 yr1983
0none in 3 months

Manufacturer and exporter of copper and alloy products

Mining companies
₹721.82 crFY 2024-25
+29%2024–2025
23LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Coal mining and trading company with a focus on providing coal products to various industries

Mining companies
₹461.52 crFY 2021-22
Not reported
39-15% 12 mo to Feb 2024LinkedIn · Oct 2026
29 yr1997
0none in 3 months

Manufacturers & exporters of explosives for mining

Services for mining industry
₹451.59 crFY 2024-25
+8%2024–2025
91+2% 12 mo to Aug 2024LinkedIn · Oct 2026
28 yr1998
0none in 3 months · last posted May 2026

Manufacturer of primary and secondary aluminum casting alloys, offering a range of aluminum alloy products to various industries

Mining companies
₹192.59 crFY 2024-25
+9%2024–2025
—Not available
45 yr1981
0none in 3 months

Provider of stone mining services

Mining companies
₹166.92 crFY 2023-24
Not reported
1,101+17% 12 mo to Sep 2024recorded Sep 2024
81 yr1945
—No postings tracked

Provider of coal mining services

Mining companies
₹148.95 crFY 2024-25
-22%2024–2025
34+0% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of mineral mining services

Mining companies
₹113.34 crFY 2024-25
+11%2024–2025
69+5% 12 mo to Sep 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months · last posted Oct 2025

Provider of crushing, screening, and washing solutions

Mining equipment
₹73.70 crFY 2024-25
+67%2024–2025
99LinkedIn · Oct 2026
21 yr2005
0none in 3 months · last posted Apr 2026

Coal trading and transporting company that provides packaged services to esteemed clients

Metals and alloys
₹64.48 crFY 2021-22
Not reported
2+100% 12 mo to Mar 2024recorded Mar 2024
22 yr2004
0none in 3 months

Miner and exporter of metallurgical, cement grade bauxite and iron ore

Mining companies
₹66.93 crFY 2024-25
+161%2024–2025
7LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Provider of advanced training simulators and VR-based simulation solutions for critical industries

Mining tech
₹66.82 crFY 2024-25
+8%2024–2025
133+57% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months · last posted May 2026

Provider of marine and land survey, geophysical, and geotechnical services

Services for mining industry
₹61.05 crFY 2024-25
+83%2024–2025
77LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Apr 2026

Manufacturer of diamond core drilling accessories

Mining equipment
₹21.37 crFY 2021-22
Not reported
—Not available
47 yr1979
—No postings tracked

Provider of rotary breakers and crushing equipment

Mining equipment
₹23.17 crFY 2024-25
+53%2024–2025
5+11% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer and exporter of a wide range of crushing & screening equipment along with road compaction solutions

Mining equipment
₹12.76 crFY 2024-25
-10%2024–2025
32LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Provider of range of products, including bleaching earth, activated carbon, and other industrial minerals, catering to the needs of various industries

Mining companies
₹10.19 crFY 2021-22
Not reported
7+0% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
0none in 3 months

Provider of mineral exploration services

Mining companies
₹7.83 crFY 2021-22
Not reported
—Not available
65 yr1961
0none in 3 months · last posted Nov 2024

Provider of fabricated stone products including countertops, vanities, and wall cladding

Mining companies
₹6.76 crFY 2024-25
-16%2024–2025
—Not available
31 yr1995
0none in 3 months

Manufacturer of diamond core drills for drilling tools

Mining equipment
₹4.53 crFY 2024-25
+19%2024–2025
—Not available
22 yr2004
0none in 3 months

Provider of geophysical & geological and coal testing services

Services for mining industry
₹3.42 crFY 2021-22
Not reported
—Not available
6 yr2020
—No postings tracked

Provider of high quality products in the mining sector, specializing in the field of bringing in high quality products

Mining equipment
₹2.96 crFY 2024-25
-80%2024–2025
17LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of steel and metal mining services

Mining companies
₹32.34 lakhFY 2021-22
Not reported
—Not available
61 yr1965
—No postings tracked
26 of 70 companies shown here · the full list is on Radar
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Explore all 70 mining companies in Maharashtra on Radar

This page shows the top 26. Radar has the complete, filterable list with contacts and live company signals.

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Explore mining companies in Maharashtra by what you are looking for

Browse the top mining companies in Maharashtra, including coal, gold and metal producers, mining equipment manufacturers and mining services providers. Find Indian mining companies in Maharashtra that match the mineral, machinery or service you need.

8 ways to explore mining in Maharashtra

Coal, gold & metal mining companiesMining equipment & machinery manufacturersServices for the mining industryMining technology & simulation companiesMetal processing & mining product manufacturersMining startups in Maharashtra

Coal, gold & metal mining companies

Companies that mine, refine and trade coal, gold, copper and other metals and minerals.

  1. Shirpur Gold Refinery

    Provider of gold and silver exploration and manufacturing services

    Mining companies
    See in list
  2. Mercure Metals and Alloys

    Manufacturer and exporter of copper and alloy products

    Mining companies
    See in list
  3. Shah Coal

    Coal mining and trading company with a focus on providing coal products to various industries

    Mining companies
    See in list
  4. Asigroup

    Provider of stone mining services

    Mining companies
    See in list
  5. Simplex

    Provider of coal mining services

    Mining companies
    See in list

Mining equipment & machinery manufacturers

Makers of crushers, screening plants, drilling accessories and earth moving machinery for mines.

  1. Taurian MPS

    Provider of crushing, screening, and washing solutions

    Mining equipment
    See in list
  2. Amko Mining & Drilling Eqpt

    Manufacturer of diamond core drilling accessories

    Mining equipment
    See in list
  3. Next Track Engineering

    Provider of rotary breakers and crushing equipment

    Mining equipment
    See in list
  4. Aurtech Construction

    Aurtech Construction Pvt Ltd

    Construction equipment and machinery
    Website
  5. Shakti Mining Equipments

    Manufacturer and exporter of a wide range of crushing & screening equipment along with road compaction solutions

    Mining equipment
    See in list

Services for the mining industry

Explosives, surveying, geophysical testing, transport and other services supporting mines.

  1. CDET Explosive Industries

    Manufacturers & exporters of explosives for mining

    Services for mining industry
    See in list
  2. Fuelco

    Coal trading and transporting company that provides packaged services to esteemed clients

    Metals and alloys
    See in list
  3. Geoservices Maritime

    Provider of marine and land survey, geophysical, and geotechnical services

    Services for mining industry
    See in list
  4. PRIMUS

    Provider of geophysical & geological and coal testing services

    Services for mining industry
    See in list
  5. M to Z Technologies

    Vehicle tracking solutions for efficient business operations

    Mining tech
    Website
22 companies in Maharashtra

Mining technology & simulation companies

Software, monitoring and training simulators that make mining operations safer and more efficient.

  1. Tecknotrove Systems

    Provider of advanced training simulators and VR-based simulation solutions for critical industries

    Mining tech
    See in list
  2. M to Z Technologies

    Vehicle tracking solutions for efficient business operations

    Mining tech
    Website
  3. ATS

    ATS

    Mining tech
    Website
  4. Sampra

    Solution for material handling equipment in the mining industry

    Mining tech
    Website
  5. Khanijz

    Developer of software and microprocessors for mining operations management

    Mining tech
    Website

Metal processing & mining product manufacturers

Manufacturers and exporters of alloys, copper products, diamond tools and mining chemicals.

  1. SBL Energy

    Manufacturer of industrial and mining explosives, detonators, and explosive accessories

    Mining equipment
    See in list
  2. J. B. And Brothers

    Manufacturer of diamonds & grading systems

    Manufacturing services
    See in list
  3. Ideal Diamond Products

    Manufacturer of diamond core drills for drilling tools

    Mining equipment
    See in list
  4. Ameemetals

    Amee Metals is a manufacturer and exporter in the field of copper and brass tubes.

    Manufacturing services
    Website
  5. Fuelco

    Coal trading and transporting company that provides packaged services to esteemed clients

    Metals and alloys
    See in list

Mining startups in Maharashtra

Recently founded mining companies and mining tech startups in Maharashtra.

  1. Cmll

    Integrated coal mining and logistics services provider

    Mining companies
    Website
  2. Bansal Tradelink

    Provider of coal sourcing, washing, handling, liaison, and logistics services

    Services for mining industry
    Website
  3. HPY Finlay

    Provider of dry beneficiation equipment utilizing AI and ML technologies

    Services for mining industry
    Website
  4. Khanijz

    Developer of software and microprocessors for mining operations management

    Mining tech
    Website
  5. Rahi Ventures Coal & Minerals

    Provider of coal products used to fuel various industrial sectors

    Mining companies
    Website
6 companies in Maharashtra

Mining companies hiring in Maharashtra

Mining companies in Maharashtra with open roles.

  1. CDET Explosive Industries

    Manufacturers & exporters of explosives for mining

    Services for mining industry
    See in list
  2. Eshan Minerals Pvt

    Provider of mineral mining services

    Mining companies
    See in list
  3. Taurian MPS

    Provider of crushing, screening, and washing solutions

    Mining equipment
    See in list
  4. Tecknotrove Systems

    Provider of advanced training simulators and VR-based simulation solutions for critical industries

    Mining tech
    See in list
  5. Geoservices Maritime

    Provider of marine and land survey, geophysical, and geotechnical services

    Services for mining industry
    See in list
7 companies in Maharashtra

Listed mining companies in Maharashtra

Publicly listed mining companies headquartered in Maharashtra.

  1. Taurian MPS

    Provider of crushing, screening, and washing solutions

    Mining equipment
    See in list
  2. LLOYDS METALS AND ENERGY LIMITED

    Lloyds Metals And Energy is a metal production company that produces quality iron.

    Mining companies
    Website
  3. ashapura group of industries

    Ashapura is a mineral solution company.

    Mining companies
    Website
  4. HingirRampur

    Provider of cola mining services

    Mining companies
    Website
  5. stratmont industries

    Stratmont Industries is a manufacturing firm that deals with manufacturing of coke and coal.

    Mining companies
    Website
5 companies in Maharashtra
Mobile reach

Top 4 mining apps from Maharashtra

The most-installed Android apps published by mining companies headquartered in Maharashtra — 5K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
2

ATS

by ATS

Installs1K
Rating—
Last updatedNov 2020
View on Google Play ↗
ATS screenshot 1ATS screenshot 2ATS screenshot 3ATS screenshot 4ATS screenshot 5ATS screenshot 6
The business behind the activity

Mining financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 27 mining companies in Maharashtra for FY24-25 — 30 of the 70 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 76% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹7,415.84 cr

27 companies filing accounts

combined net profit₹411.60 cr

5.6% aggregate margin

are profitable81%

22 of 27 companies

median revenue~₹66.9 cr

the typical company

median revenue growth+7%

into FY24-25

earned by the top five76%

revenue concentration

Six-year view

Combined revenue of filing companies

₹6,248.43 crFY19-2029 filers
₹6,347.10 crFY20-2129 filers
₹9,887.07 crFY21-2228 filers
₹11,037.75 crFY22-2329 filers
₹8,753.03 crFY23-2429 filers
₹7,415.84 crFY24-2527 filers

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

Like-for-like

The same 27 companies over three years

-24%
FY22-23₹9,796.79 cr₹280.92 cr net
FY23-24₹7,704.35 cr₹447.63 cr net
FY24-25₹7,415.84 cr₹411.60 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 cr20% profitable
₹1–10 cr367% profitable
₹10–100 cr10100% profitable
₹100–1,000 cr1182% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking11
0–20%8
20–50%2
50–100%4
Doubled+2

27 companies with accounts for both years; median growth +7%.

Profitability

Profit is concentrated at the top

22profitable
5loss-making
5.6%aggregate margin
4.3%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
RawminRAWMIN MINING AND INDUSTRIES PRIVATE LIMITED+161%₹66.93 cr
Geoservices MaritimeGEOSERVICES MARITIME PRIVATE LIMITED+83%₹61.05 cr
Taurian MPSTAURIAN MPS LIMITED+67%₹73.70 cr
SBL EnergySBL ENERGY LIMITED+54%₹713.88 cr
Next Track EngineeringNEXT TRACK ENGINEERING PRIVATE LIMITED+53%₹23.17 cr
Mercure Metals and AlloysMERCURE METALS AND ALLOYS PRIVATE LIMITED+29%₹721.82 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Shakti Mining EquipmentsSHAKTI MINING EQUIPMENTS PRIVATE LIMITED35.8%₹12.76 cr
PRIMUSPRIMUS SAM PRIVATE LIMITED28.1%₹16.46 cr
CDET Explosive IndustriesCDET EXPLOSIVE INDUSTRIES PRIVATE LIMITED16.4%₹313.81 cr
AsigroupASI INDUSTRIES LIMITED14.6%₹174.10 cr
Tecknotrove SystemsTECKNOTROVE SYSTEMS (INDIA ) PRIVATE LIMITED14.5%₹66.85 cr
Gold Testing MachineFISCHER MEASUREMENT TECHNOLOGIES (INDIA) PRIVATE LIMITED₹265.94 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Mining companies12₹5,118.85 cr~₹158.8 cr83%4.9%
Mining equipment9₹1,110.64 cr~₹13.6 cr78%8.8%
Leaders

Largest mining companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Mukand SumiMUKAND SUMI SPECIAL STEEL LIMITED₹170.49 cr-4%
SangitaSANGITA SALES PVT LTD₹775.96 cr₹18.03 cr2.3%+15%
Mercure Metals and AlloysMERCURE METALS AND ALLOYS PRIVATE LIMITED₹721.82 cr₹21.67 cr3.0%+29%
SBL EnergySBL ENERGY LIMITED₹713.88 cr₹53.61 cr7.5%+54%
J. B. And BrothersJ. B. AND BROTHERS PRIVATE LIMITED₹704.47 cr−₹12.06 cr-1.7%-48%
CDET Explosive IndustriesCDET EXPLOSIVE INDUSTRIES PRIVATE LIMITED₹313.81 cr₹51.35 cr16.4%+7%
Gold Testing MachineFISCHER MEASUREMENT TECHNOLOGIES (INDIA) PRIVATE LIMITED₹265.94 cr
Axayya AlloysAXAYYA ALLOYS PVT LTD₹192.59 cr−₹4.07 cr-2.1%+9%
AsigroupASI INDUSTRIES LIMITED₹174.10 cr₹25.45 cr14.6%+4%
Shah CoalSHAH COAL PRIVATE LIMITED₹168.73 cr₹2.73 cr1.6%-45%
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

Mining Industry Landscape of India

The financials above are one chapter. The full mining landscape of Maharashtra 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 mining landscape of Maharashtra
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

Mining funding and M&A across India

28 recorded equity rounds have gone to 556 mining companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months0

US$0k

raised over five yearsUS$92.21m

9 rounds in India

M&A deals, India31

last 24 months

Capital by year

Equity funding into mining in India

amount rounds
$180m20193
$44m20223
$487k20231
$48m20245

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$179.99m across 3 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

SeedUS$9.56m7 rounds · median US$958k
Series BUS$39.21m1 rounds · median US$39.21m
Series CUS$43.44m1 rounds · median US$43.44m
Where the money went · five years

Most-funded sub-sectors

Mining companiesUS$43.44m1 rounds · 1 companies
Mining equipmentUS$41.08m2 rounds · 2 companies
Real estate & infrastructure developersUS$5.03m1 rounds · 1 companies
Mining techUS$1.22m3 rounds · 2 companies
Diversified chemicalsUS$958k1 rounds · 1 companies
Construction techUS$487k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

27Acquisition
4Merger

Most active acquirers

  1. Lloyds metals and energy7
  2. Tega industries4
  3. Himadri Speciality Chemical4
  4. Nmdc3
  5. Tata steel2

Most acquired or merged

  1. Thriveni4
  2. Molycop3
  3. Lloyds metals and energy2
  4. CHEMAF Group2
  5. Nmdc2

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

Go deeper in the mining landscape reports:

Mining Industry Landscape of India

Founders and momentum in Maharashtra

Meet the people behind mining companies in Maharashtra. 15 of 70 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra mining companies by sub-sector

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

Keep exploring mining in India and nearby markets.

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