In the Indian mineral processing industry, Cochin Minerals and Rutile Limited are involved in manufacturing, marketing, and research. In 1993, CMRL started producing synthetic rutile and water treatment chemicals for export only. Its products are used in downstream titanium applications, such as water treatment and titanium metal manufacturing. It exports its goods as well.
Cochin Minerals and Rutile Limited – Quick Overview
| Particular | Details |
| Company Name | Cochin Minerals and Rutile Limited (CMRL) |
| Type | Public Listed Chemicals & Mineral Processing Company |
| Industry | Chemicals – Mineral Chemicals & Synthetic Rutile |
| Founded / Incorporated | 18 August 1989 |
| Founder / Key People | Dr. S.N. Sasidharan Kartha (Founder & MD); R.K. Garg (Chairman) |
| Headquarters / Factory | Edayar Industrial Development Area, Aluva, Kochi, Kerala, India |
| Core Business | Manufacture & export of Synthetic Rutile and chemical products |
| Major Products | Synthetic Rutile (beneficiated ilmenite), Ferric Chloride, Ferrous Chloride, Cemox & allied products |
| Business Model | Mineral processing & value addition using titanium ore; export-oriented production |
| Area Served | India & global exports (Japan, Middle East etc.) |
| Manufacturing Capacity | Synthetic Rutile capacity expanded over years (up to ~45,000 – 50,000 MT) |
| Stock Exchange Listing | Listed on BSE & NSE (Ticker: COCHINM) |
| Market Position | One of the few listed Indian entities in the synthetic rutile space |
| Employees | ~230+ (approx.) |
| Promoter Holding | ~51% (Promoters) |
| CIN | L24299KL1989PLC005452 |
| Official Website | cmrlindia.com |
Net Worth and Market Cap
The market capitalization or net worth of Cochin Minerals and Rutile Limited is INR 2.00 billion. 1.85 billion is the enterprise value.
Business Leadership
It is a chemical firm with its headquarters in Kochi, Kerala, India. Dr. S.N. Sasidharan Kartha established the business in 1989 with support from the Kerala State Industrial Development Corporation (KSIDC). The business was founded in 1989 and is headquartered in Aluva, India. The Chief Financial Officer is P. Kumar, while the Chief Executive Officer is Saran Kartha.
Overview of Services
Titanium pigment and titanium sponge/metal are made from synthetic rutile, which is its main product. Additionally, the company offers by-products such as iron hydroxide for use in the cement, steel, and ceramic industries as a replacement for iron ore; recovered TiO2 for use in the paint industry as a substitute for TiO2; CMRL BF protector for use as a hearth-protecting material in the blast furnaces; and CMRL rutoweld, a flux for use in the welding electrode industry.
Scale of Operations
The factory is situated in the Edayar Industrial Development Area, 100 kilometers from the ilmenite resources and roughly 15 kilometers from the Cochin Port. The company began producing 10,000 TPA of synthetic rutile and 12,500 TPA of ferric chloride. The company then increased its capacity to produce 45000 TPA of synthetic rutile, 24000 TPA of ferric chloride, 72000 TPA of ferrous chloride, and 18000 TPA of cemox.
