About Company

• Incorporated in 2005, CMR Green Technologies Ltd (“CGTL”) is the leading non-ferrous metal recycler by installed capacity as of March 31, 2025. It holds the highest market share in the Indian secondary aluminium market in terms of revenue from operations for Fiscal 2025 among peer companies. CGTL has a capacity advantage over domestic players, with an installed capacity ~4 times that of the nearest competitor in the domestic recycled aluminium space, as of March 31, 2025.
• q  They rank among the largest players in the global aluminium recycling industry by installed capacity as of March 31, 2025. They manufacture recycled aluminium alloys (in ingot and liquid form), zinc alloy ingots, and segregated furnace-ready scrap of stainless steel, copper, brass, zinc, lead, and magnesium, among others.
• q  The company recycle used beverage cans scrap for fulfilling new metal requirements of primary producers. Due to the large economic, environmental, and social advantages of recycling and the disadvantages of mining, primary producers across the world are shifting to develop new sources of recycled metal.
• q  CGTL also produces aluminium billets that cater to both automotive and non-automotive sectors. These billets, made from recycled aluminium, are raw materials used in extrusion processes to create profiles for various applications.\
• q  CGTL started supplying liquid aluminium, through its manufacturing facilities in 2008, and through road transport in November 2013 up to a distance of 25 kilometres using their patented technology.
• q  The company operates through its 13 strategically located recycling units (“Recycling Facilities”). Currently, three of their facilities are situated at Tatarpur, Manesar and Bawal, in the state of Haryana, two facilities situated at Vanod and one facility situated at Halol, in the state of Gujarat, one facility in Pune in the state of Maharashtra, one facility situated each at Chennai an Vallam in the state of Tamil Nadu and one facility situated each at Haridwar, Bhiwadi, Sambalpur and Tirupati, in the states of Uttarakhand, Rajasthan, Odisha and Andhra Pradesh, respectively.
• q  As of March 31, 2026, the total manufacturing capacity was 4,70,300 MTPA aluminium alloys, 8,400 MTPA zinc alloys, and 136,450 MTPA for other metals, totalling 6,15,150 MTPA of overall capacity.

Strengths

Competitive Strength 

• Leading recycler in the domestic aluminium recycling industry in India with significant entry barriers, also positioned as a critical enabler of the aluminium industry’s decarbonization imperative
• Leading supplier of liquid aluminium alloy
• Strong and diversified supplier base for sourcing raw materials
• Long-standing relationships with the customers
• Strategic alliances through joint ventures
• The company’s facilities, technology, quality processes, and engineering expertise
• Experienced and qualified management team with a people-focused culture
• Environment-friendly business supported by green technologies and processes with a focus on ESG

Business Strategies 

• Diversification into Other Metals and Expanded Industry Base
• Expansion of the supply of wrought alloys and partnership with primary players
• Leverage the focus on aluminium content in electric vehicles and the growing demand of aluminium in ICE vehicles
• Continue to invest in higher technological capabilities to capitalize on future trends

Company Promoters

Company Financials

Company Financials (Restated Consolidated)

Objects of the Issue