Resources sector retains state powerhouse ranking
Media Release Date: 17 October 2025
InDaily celebrates Top 100 South Australian Business Index for 2025
Santos has ranked #1 in the comprehensive InDaily Business Index for the eleventh consecutive year, making up 35% of the Index’s total value and ensuring that the resources sector remains the most valuable in the state.
Beach Energy ranked fourth in 2025, maintaining its position in the top four since 2018 and highlighting the ongoing significance of oil and gas, which contributes $29.4 billion to the gross state product (GSP).
Flinders Port Holdings retains its position in the top 10 for a fifth year, rising to #8 in the Business Index. Flinders Port Holdings operate seven ports across South Australia and have announced a $350 million infrastructure investment into the Flinders Adelaide Container Terminal (FACT), part of the GatewaySA Program of Works designed to meet the evolving demands of trade, technology, and sustainability.
Exact Contracting maintain their position at #28 on the Business Index, following a rapid rise last year. Established by Greg Rhodes in 1992, the business is now led by Alex Rhodes and is a proven performer in the agriculture, civil, mining and water industries.
Rising to #45 in the Index Fyfe Group Holdings, has grown from a small office in Adelaide to a national, fully integrated engineering, environment, planning and survey firm.
SACOME congratulates Epic Energy, Lucas Total Contract Solutions, Hillgrove Resources and Andromeda Metals for their sustained performance in the 2025 Top 100.
SACOME congratulates our member companies who made the 2025 InDaily Top 100:
1. Santos
4. Beach Energy
8. Flinders Port Holdings
28. Exact Contracting
38. Epic Energy South Australia
45. Fyfe Group Holdings
51. Lucas Total Contract Solutions
64. Hillgrove Resources
96. Andromeda Metals
Quotes attributable to SACOME Chief Executive Officer, Nicola McFarlane
“SACOME prides itself on having grown alongside South Australia's resources sector. 18 member companies contributed over $9.5 billion to the State economy in 2023-24*, the equivalent of 6.4% of South Australia’s GSP. This is the equivalent of $1 in every $15 created by the resources sector.
“1 in every 23 full-time jobs in South Australia is supported by the resources sector and direct employment surged to 11,919 full-time employees - a 30% increase on the previous reporting period for the sector.
“The significant opportunities in South Australia means that the whole industry ecosystem develops with these opportunities. It is excellent to see the growth across the diversity of industry in the Top 100 Index, not just resource companies, but also associated construction and engineering services. The total value of South Australian companies in the Index is almost $10 billion higher than in 2024, providing an optimistic outlook for the state.”
*SACOME 2023-24 Economic Contribution Survey
To be eligible for the Index, businesses must be a South Australian entity incorporated in SA, have a head office in SA, or be an SA-operated entity, majority owned by South Australians. Companies are ranked by HLB Mann Judd by market capitalisation using the following formula: • ASX – market cap (share price plus the number of ordinary shares on issue). • Private entities – estimate market cap considering company revenue, industry standard profit margins and applying earnings multiple. The complete 2025 South Australian Business Index is available here.
InDaily celebrates Top 100 South Australian Business Index for 2025
Santos has ranked #1 in the comprehensive InDaily Business Index for the eleventh consecutive year, making up 35% of the Index’s total value and ensuring that the resources sector remains the most valuable in the state.
Beach Energy ranked fourth in 2025, maintaining its position in the top four since 2018 and highlighting the ongoing significance of oil and gas, which contributes $29.4 billion to the gross state product (GSP).
Flinders Port Holdings retains its position in the top 10 for a fifth year, rising to #8 in the Business Index. Flinders Port Holdings operate seven ports across South Australia and have announced a $350 million infrastructure investment into the Flinders Adelaide Container Terminal (FACT), part of the GatewaySA Program of Works designed to meet the evolving demands of trade, technology, and sustainability.
Exact Contracting maintain their position at #28 on the Business Index, following a rapid rise last year. Established by Greg Rhodes in 1992, the business is now led by Alex Rhodes and is a proven performer in the agriculture, civil, mining and water industries.
Rising to #45 in the Index Fyfe Group Holdings, has grown from a small office in Adelaide to a national, fully integrated engineering, environment, planning and survey firm.
SACOME congratulates Epic Energy, Lucas Total Contract Solutions, Hillgrove Resources and Andromeda Metals for their sustained performance in the 2025 Top 100.
SACOME congratulates our member companies who made the 2025 InDaily Top 100:
1. Santos
4. Beach Energy
8. Flinders Port Holdings
28. Exact Contracting
38. Epic Energy South Australia
45. Fyfe Group Holdings
51. Lucas Total Contract Solutions
64. Hillgrove Resources
96. Andromeda Metals
Quotes attributable to SACOME Chief Executive Officer, Nicola McFarlane
“SACOME prides itself on having grown alongside South Australia's resources sector. 18 member companies contributed over $9.5 billion to the State economy in 2023-24*, the equivalent of 6.4% of South Australia’s GSP. This is the equivalent of $1 in every $15 created by the resources sector.
“1 in every 23 full-time jobs in South Australia is supported by the resources sector and direct employment surged to 11,919 full-time employees - a 30% increase on the previous reporting period for the sector.
“The significant opportunities in South Australia means that the whole industry ecosystem develops with these opportunities. It is excellent to see the growth across the diversity of industry in the Top 100 Index, not just resource companies, but also associated construction and engineering services. The total value of South Australian companies in the Index is almost $10 billion higher than in 2024, providing an optimistic outlook for the state.”
*SACOME 2023-24 Economic Contribution Survey
To be eligible for the Index, businesses must be a South Australian entity incorporated in SA, have a head office in SA, or be an SA-operated entity, majority owned by South Australians. Companies are ranked by HLB Mann Judd by market capitalisation using the following formula: • ASX – market cap (share price plus the number of ordinary shares on issue). • Private entities – estimate market cap considering company revenue, industry standard profit margins and applying earnings multiple. The complete 2025 South Australian Business Index is available here.