Today we reveal the top 20 companies in InDaily’s South Australian Business Index – our annual review of the top private and public companies in the state.
InDaily’s ranking of the state’s top 100 companies by market capitalisation and revenue covers the 2019-20 financial year.
The list, compiled for InDaily by Adelaide financial services firm Taylor Collison, is the state’s most definitive guide to our top companies (scroll to the bottom of the page for eligibility criteria).
The countdown finishes today with the full list, including the top 20 – which has some newcomers.
Go here for our comprehensive analysis of the Index – and the winners of individual awards – the “rising star” award for the company that has jumped furthest up the rankings, a revenue growth award, and another recognising the best new entrant to the Index.
Sector: Information technology and equipment | Revenue: $26.8 million | Last year’s ranking: 88
Iocane is an Adelaide ICT solutions provider.
Sector: Building and construction | Revenue: undisclosed | Last year’s ranking: unranked
Trident supplied a range of plastic products and describes itself as South Australia’s largest custom moulder.
Sector: Building and construction | Revenue: $32 million | Last year’s ranking: 96
SA Construct is a South Australian cladding and roofing designer and contractor.
Sector: Energy | Revenue: not meaningful| Last Year’s Ranking: 82
Vintage Energy is an oil and gas exploration and energy company.
Sector: Health Care | Revenue: not meaningful | Last Year’s Ranking: 93
LBT Innovations Limited develops clinical and diagnostic technology for healthcare services, including intelligent imaging and AI.
Sector: Information technology and equipment | Revenue: $13.6 million | Last Year’s Ranking: 98
Prophecy International designs and develops software sold to America, Europe, Middle East, Africa and the Asia-Pacific.
Sector: Mining | Revenue: $623.7m | Last Year’s Ranking: 30
Boart Longyear provides drilling services, drilling equipment and performance tooling for mining and drilling companies, with a presence in aftermarket parts and service, energy, mine dewatering, oil sands exploration, production drilling, and down-hole instrumentation.
Sector: Building and construction | Revenue: Undisclosed | Last Year’s Ranking: 86
IJF Australia is a furniture manufacturer and an office and residential fit-outs provider.
Sector: Other | Revenue: undisclosed | Last Year’s Ranking: 78
VIP Home Services is a home cleaning, commercial cleaning and lawns and gardens services company.
Sector: Food and beverage | Revenue: $40 million | Last Year’s Ranking: Unranked
Robern Menz is a confectioner with products including FruChocs and Violet Crumble.
Sector: Information technology and equipment | Revenue: $21.8m | Last Year’s Ranking: 79
Escient is an employee-owned digital and business advisory firm.
Sector: Building and construction | Revenue: $86m | Last Year’s Ranking: 61
Rivergum Homes is a building company servicing property markets in South Australia and Queensland.
Sector: Other | Revenue: $29.6m | Last Year’s Ranking: 85
Chem Supply Australia Pty Ltd is a manufacturer and supplier of chemicals, reagents and ingredients.
Sector: Building and construction | Revenue (2019 – last available): $177.4m | Last Year’s Ranking: 74
Mossop is a construction and interiors company working on commercial, education, health, hospitality and residential projects.
Sector: Mining | Revenue: Not meaningful | Last Year’s Ranking: 87
Core Lithium Ltd a lithium-focused exploration and mining company.
Sector: Health Care | Revenue: $12.8m | Last Year’s Ranking (as Ellex): 57
Nova Eye Medical develops novel glaucoma treatment technologies.
Sector: Professional services | Revenue: $48.4m | Last Year’s Ranking: 71
Fyfe is a land, resource and infrastructure development consultancy specialising in engineering, environmental, planning and surveying services for a variety of industries.
Sector: Mining | Revenue: Not meaningful | Last Year’s Ranking: 94
Rex Minerals Limited is a mineral exploration and development company.
Sector: Printing | Revenue: Undisclosed | Last Year’s Ranking: 76
Finsbury Green is a print, managed services and logistics company based in Adelaide.
Sector: Agriculture | Revenue: $12.7m | Last Year’s Ranking: 68
Duxton Broadacre Farms Limited offers investors a diversified portfolio of Australian farms.
Sector: Infrastructure and Transportation | Revenue: $55.8m | Last Year’s Ranking: 73
Cochrane’s is an express logistics business, servicing South Australia, Mildura and Broken Hill.
Sector: Other | Revenue: $47.4m | Last Year’s Ranking: 70
Nobles provides lifting and rigging equipment, technical services and engineering design.
Sector: Mining | Revenue: Not meaningful | Last Year’s Ranking: 90
Havilah Resources NL engages in the exploration of gold, base metals, and other mineral deposits in Australia.
Sector: Infrastructure and Transportation | Revenue: Undisclosed | Last Year’s Ranking: 92
Customs Agency Services is an international freight forwarding and customs brokerage organisation.
Sector: Infrastructure and Transportation | Revenue: $63m | Last Year’s Ranking: 83
Korvest is a supplier of cable and pipe supports, industrial access and safety systems, fastening solutions and galvanising services.
Sector: Professional services | Revenue: Undisclosed | Last Year’s Ranking: 77
GPA is a design, engineering and consultancy company with experience in oil and gas, water treatment and distribution, heavy metals and resources, manufacturing and electrical supply projects.
Sector: Mining | Revenue: Not meaningful | Last Year’s Ranking: Not ranked
Barton Gold is a gold developer with a pipeline of projects and development assets in South Australia.
Sector: Food and Beverage | Revenue: $60m | Last Year’s Ranking: 65
Founded in 1886, Angove Family Winemakers is a 5th generation, family-owned winery that produces premium South Australian wines, mainly from the McLaren Vale region.
Sector: Energy | Revenue: $127m | Last Year’s Ranking: 63
LH Perry & Sons is a family-owned fuel distribution company, founded in 1949.
Sector: Food and Beverage | Revenue: Undisclosed | Last Year’s Ranking: 62
Haigh’s Chocolates creates Australian-made chocolates in Adelaide.
Sector: Professional services | Revenue: $60.8m | Last Year’s Ranking: 66
Wallbridge Gilbert Aztec is an engineering and project management firm offering consulting services, including structural, civil, maritime, mechanical, geotechnical, heavy lifting, temporary works, project management, electrical and pressure vessels.
Sector: Agriculture | Revenue: Not meaningful | Last Year’s Ranking: 46
Kangaroo Island Plantation Timbers manages hardwood and softwood forestry plantations on Kangaroo Island.
Sector: Building and construction | Revenue: $77.5m | Last Year’s Ranking: 80
Outside Ideas is a large-scale landscaping works, civil construction, structural concreting, and maintenance provider.
Sector: Agriculture | Revenue: $40.3m | Last Year’s Ranking: 60
Clean Seas is a commercial producer of kingfish and a pioneer in the country’s emerging aquaculture industry.
Sector: Energy | Revenue: Not meaningful | Last Year’s Ranking: 45
Leigh Creek Energy Limited is developing a coal gasification project, the Leigh Creek Energy Project, located 550km north of Adelaide.
Sector: Building and construction | Revenue: $155m | Last Year’s Ranking: 58
Weeks Group is a residential builder in South Australia and Victoria.
Sector: Automotive | Revenue: $170.4m | Last Year’s Ranking: 53
Arrowcrest is the parent company of automotive and farming machinery companies ROH Wheels, John Shearer, Unicast, Tristar, NonFerral, Kockums Industries and Brownbuilt.
Sector: Biotechnology | Revenue: $46,662 | Last Year’s Ranking: 99
Bionomics is a biopharmaceutical company involved in the development of treatments for central nervous system disorders such as anxiety, depression and Alzheimer’s disease.
Sector: Food and Beverage | Revenue: $85.1m (2019 – last available data) | Last Year’s Ranking: 55
Independent Pub Group Holdings operates licensed hotels and retail liquor outlets in South Australia.
Sector: Mining | Revenue 2019: Not meaningful | Last Year’s Ranking: 84
Iron Road is an iron ore exploration and mining company.
Sector: Health Care | Revenue: $4.3m | Last Year’s Ranking: 64
Micro-X produces, designs, develops and manufactures a range of ultra-lightweight, mobile x-ray imaging systems for medical and security applications.
Sector: Mining | Revenue: Not meaningful | Last Year’s Ranking: 48
Terramin is a base and precious metal development company with advanced zinc and gold projects in South Australia and Algeria.
Sector: Building and construction | Revenue: $79m | Last Year’s Ranking: 59
Guidera O’Connor provides design and construction services to the Australian water industry.
Sector: Professional services | Revenue: $112m | Last Year’s Ranking: 56
SAGE Group Holdings provides electrical engineering and automation services in Australia.
Sector: Other | Revenue: Undisclosed | Last Year’s Ranking: Not ranked
Silk began with one clinic in South Australia offering a range of cosmetic services, and now has locations across the country.
Sector: Food and Beverage | Revenue: $128m | Last Year’s Ranking: 54
Galipo Foods is a large-scale supplier to the food service industry.
Sector: Agriculture | Revenue: $103m | Last Year’s Ranking: 69
Beston Global Food Company Limited exports a range of food products, focusing on dairy and meat.
Sector: Professional services | Revenue: $136m | Last Year’s Ranking: 51
Woods Bagot is a global architecture, design and consultancy firm, based in Adelaide.
Sector: Building and construction | Revenue: $137m | Last Year’s Ranking: 52
Established in 1996, RJE provides multi-disciplinary engineering and construction services to complex projects across a range of industries.
Sector: Building and construction | Revenue: Undisclosed | Last Year’s Ranking: 49
Hickinbotham is a major residential developer, building homes in and around Adelaide.
Sector: Information technology and equipment | Revenue: $20m | Last Year’s Ranking: 67
Aerometrex provides high-resolution spacial data products and services using aerial mapping technology.
Sector: Agriculture | Revenue: Undisclosed | Last Year’s Ranking: Not ranked
Based in Virginia, Zerella is a major Australian supplier of potatoes, carrots and onions.
Sector: Food and Beverage | Revenue: $267m | Last Year’s Ranking: 44
Australian Vintage Limited is a leading Australian wine company with a fully-integrated wine business model including vineyards, boutique and bulk wine production, packaging, marketing and distribution.
Sector: Health Care | Revenue: $18.6m | Last Year’s Ranking: 36
Alcidion Group Limited is a health informatics company providing clinicians with decision support tools.
Sector: Professional services | Revenue: $175m | Last Year’s Ranking: 47
Thomson Geer is a large corporate law firm working with ASX clients, major global foreign corporations, government enterprises and private corporations.
Sector: Automotive | Revenue: $299m | Last Year’s Ranking: 43
Alice Car Centre is an entity of the Peter Kittle Motor Company, which runs a series of automotive dealerships.
Sector: Building and construction | Revenue: Undisclosed | Last Year’s Ranking: 42
CATCON (Civil & Allied Technical Construction Pty Ltd) is a civil engineering and construction company that delivers and manages power, mining, water and general infrastructure projects for national and international clients.
Sector: Information technology and equipment | Revenue: $31m | Last Year’s Ranking: 81
Buddy Technologies Limited produces data aggregation, management and control platforms for the internet of things and connected devices.
Sector: Civil Construction/Mining | Revenue: Undisclosed | Last Year’s Ranking: 40
Lucas TCS is a privately-owned civil engineering and construction company, founded over 50 years ago which has worked with some of Australia’s leading mining and resource organisations.
Sector: Duxton Water Limited | Revenue: $93.7m | Last Year’s Ranking: 41
Duxton Water Limited is a South Australian investment firm with water entitlements in the Southern Murray Darling Basin.
Sector: Building and construction | Revenue: $398m | Last Year’s Ranking: 37
McMahon Services is a privately-owned industrial, construction and environmental services provider established in 1990.
Sector: Agriculture | Revenue: $38.3m | Last Year’s Ranking: Not ranked
The sixth-generation family-owned company has a diverse range of agricultural assets and is one of Australia’s biggest wool producers.
Sector: Food and Beverage | Revenue: $300m | Last Year’s Ranking: 33
Samuel Smith & Son is a family-owned wine merchant established in 1923, servicing the Australian liquor industry with a portfolio of national and international wines, spirits and premium ales.
Sector: Information technology and equipment | Revenue: $350m | Last Year’s Ranking: 39
Leader Computers Pty Ltd is a manufacturer and distributor of information communications technology products.
Sector: Packaging | Revenue: $490m | Last Year’s Ranking: 32
The Detmold Group is a manufacturer of paper and board-based packaging products for a diverse range of customers.
Sector: Building and construction | Revenue: $350m | Last Year’s Ranking: 34
Badge is a privately-owned construction group delivering commercial projects across Australia from offices in Adelaide, Brisbane, Maroochydore and Perth.
Sector: Professional services | Revenue: $263m | Last Year’s Ranking: 38
Nova Group is the umbrella entity for a series of professional services firms operating in the areas of defence, aerospace, mapping, energy and utilities, software, communications and transportation.
Sector: Agriculture | Revenue: $255m | Last Year’s Ranking: 29
Almondco Australia supplies premium quality almond products to the world.
Sector: Financials | Revenue: $267m | Last Year’s Ranking: 31
A fully customer-owned bank, bringing together a number financial organisations that provide banking services, community investments, grants and sponsorships.
Sector: Financial | Revenue: $128m | Last Year’s Ranking: 28
The group provides risk advice and a general insurance broking.
Sector: Waste Disposal | Revenue: $240m | Last Year’s Ranking: 24
Founded in 1993, the waste services company provides recycling, soil and waste management services, and produces alternative fuels.
Sector: Agriculture | Revenue: $180m | Last Year’s Ranking: 27
Since 1870, the family business has processed wool and traded it across the globe.
Sector: Building and construction | Revenue: $400m | Last Year’s Ranking: 20
Ahrens Group is a construction, engineering and mining services company, delivering a range of project services from design, steel fabrication and procurement through to construction and project delivery.
Sector: Mining | Revenue: Not meaningful | Last Year’s Ranking: Not ranked
Andromeda Metals Limited is an ASX-listed company with a focus on developing the Carey’s Well halloysite-kaolin deposit in South Australia.
Sector: Food and Beverage | Revenue: $32.9m | Last Year’s Ranking: 25
Clearlight Investments Pty Ltd, trading as pasta company San Remo, has a manufacturing facility in Adelaide and offices and distribution centres in all main capital cities throughout Australia and New Zealand.
Sector: Building and construction | Revenue: $359m | Last Year’s Ranking: 23
Doneilyn Pty Ltd, trading as Sarah Group, is a locally-owned private company that derives its revenue from the provision of construction services.
Sector: Financials | Revenue: $375m | Last Year’s Ranking: 18
People’s Choice is one of Australia’s largest credit unions with members and branches across Australia.
Sector: Food and Beverage | Revenue: $1.1b | Last Year’s Ranking: 26
Drake Supermarkets is the largest independent grocery retailer in Australia.
Sector: Food and Beverage | Revenue: $265m | Last Year’s Ranking: 19
Established in 1862, Coopers is the sole major brewer 100 per cent owned by Australians, claiming about 5% of the Australian beer market.
Sector: Energy | Revenue: Not meaningful | Last Year’s Ranking: 21
Strike is an oil and gas exploration company with assets in South Australia’s Cooper Basin and Western Australia’s Perth Basin.
Sector: Information technology and equipment | Revenue: Undisclosed | Last Year’s Ranking: 16
Sweat offers exercise programs and meal plans through a South Australian-developed mobile application.
Sector: Automotive | Revenue: $499m | Last Year’s Ranking: 17
The RAA, established in 1903 to serve the motoring-related needs of South Australians, provides insurance, security, travel, finance, motoring and road safety products and services.
Sector: Health Care | Revenue: $457m | Last Year’s Ranking: 13
Mayne Pharma Group is a specialty pharmaceutical company focused on applying its drug delivery expertise to commercialise branded and generic pharmaceuticals.
Sector: Energy | Revenue: $79.1m | Last Year’s Ranking: 10
Cooper Energy is an energy company that discovers, develops and commercialises oil and gas in Australia.
Sector: Automotive | Revenue: $1.3b | Last Year’s Ranking: 15
Kilbirnie Investments has a series of automotive dealerships and horticulture assets, predominantly in South Australia and Victoria.
Sector: Information technology and equipment | Revenue: $57.2m | Last Year’s Ranking: 35
Uniti Wireless is a broadband internet provider, servicing homes and businesses across Australia.
Sector: Travel and accommodation | Revenue: $161m | Last Year’s Ranking: 14
The G’day Group is Australia’s largest regional accommodation provider with 280+ properties across Australia, including 60+ owned and managed holiday parks. With a head office in Adelaide, the company recently added Hahndorf Resort and McCracken Country Club to their SA portfolio.
Sector: Food & Beverage | Revenue: $1.7b | Last Year’s Ranking: 9
Thomas Foods International is Australia’s largest 100 per cent family-owned meat-processing company.
Sector: Infrastructure and Transportation | Revenue: $624m | Last Year’s Ranking: 22
Sealink is a tourism and transport company, operating across Australia, with more than 900 staff and six million customers annually.
Sector: Infrastructure and Transportation | Revenue: $165m | Last Year’s Ranking: 8
Adelaide Airport is the fourth-largest domestic airport and sixth-largest international airport in Australia, processing more than 7.7 million passengers annually. Parafield Airport is South Australia’s premier general aviation airport and is a major world-standard international training airport.
Sector: Information technology and equipment | Revenue: Undisclosed | Last Year’s Ranking: Not ranked
In 2017, Land Services SA was appointed as the exclusive provider to the State Government for a range of land services and property valuation services, previously provided through the public agencies, the Lands Titles Office and State Valuation Office.
Sector: Infrastructure & Transportation | Revenue: $262m | Last Year’s Ranking: 7
Flinders Port Holdings is a privately-owned port operator with seven ports in South Australia, also offering hydrographic survey services.
Sector: Agriculture | Revenue: $1.7b | Last Year’s Ranking: 11
Elders is an agribusiness company, operating across rural and regional Australia.
Sector: Building & Construction | Revenue: $1.5b | Last Year’s Ranking: 6
Adbri is a construction materials and lime producer, established in 1882, with approximately 1400 employees and operations in every state and territory in Australia.
Sector: Information technology and equipment | Revenue: $348m | Last Year’s Ranking: 12
Codan is an Adelaide-headquartered manufacturer of metal detectors, communications and mining equipment.
Sector: Retail & Fuel | Revenue: $2.6b | Last Year’s Ranking: 5
Peregrine Corporation is South Australia’s largest private employer, with over 5000 employees. Over the last 30 years, Peregrine’s operations have grown to include OTR convenience stores, The Bend Motorsport Park, Smokemart Giftbox retail stores and a range of property investments.
Sector: Energy | Revenue: $1.7b | Last Year’s Ranking: 3
Formed in 1961, Beach Energy is an oil and gas exploration and production company headquartered in Adelaide. Beach has a core focus on the resource-rich Cooper Basin.
Sector: Mining | Revenue: $1.1b | Last Year’s Ranking: 4
OZ Minerals is a copper-focused international company based in South Australia with a copper-gold-silver mine at Prominent Hill and developing one of Australia’s largest copper-gold resources at Carrapateena. It was formed in 2008 by the merger of two Australian non-ferrous metals mining businesses – Oxiana and Zinifex.
Sector: Financial | Revenue: $225m | Last Year’s Ranking: 2
Established in 1946, Argo is South Australia’s leading listed investment company.
Sector: Energy | Revenue: $5.9b | Last Year’s Ranking: 1
Santos is a major oil and gas producer, supplying Australian and Asian customers with a portfolio of liquefied natural gas, pipeline gas and oil assets.
To be eligible for inclusion in the list, companies must:
Companies owned in part or whole by government, government agencies and organisations, and registered charities are not eligible.
While companies don’t have to nominate to be included in the list, which is based on market capitalisation, local businesses are encouraged to put their names forward.
Now in its sixth year, the Index has become a key source of data for those with a keen interest in the South Australian economy and business environment.