CMR

What CMR does

CMR Green Technologies Ltd. (formerly Century Metal Recycling Limited; NSE: CMRGREEN) is India's largest scrap metal recycling company and the country's largest producer of aluminium and zinc die-casting alloys, operating 13 manufacturing plants — including 5 plants structured as joint ventures with Japanese partners Toyota Tsusho Corporation, Nikkei MC Aluminium, and Nippon Light Metal Company — with a combined installed capacity of approximately 605,850 metric tonnes per annum as of mid-2025. Founded in 2006 and headquartered in Faridabad, Haryana, the company runs a vertically integrated model spanning scrap collection from six continents, advanced sorting and processing using eddy current separators, gravimetric separation, induction-based sorting, and shredders, through to alloy production, aluminium billet casting using Wagstaff Air-Slip technology, and direct delivery of molten aluminium alloy via specially designed trucks and ladles.

The company's product portfolio spans aluminium alloy ingots (ADC6, ADC10, ADC12, etc.) and zinc alloys (Z-3, ZA-8, ZA-12, etc.) in solid and liquid form, aluminium billets (AA 6061, 6082, 6005, 6351, 6063, 6060), stainless steel recycling, and processed scrap including copper, zinc, brass, magnesium, and lead. Its go-to-market is B2B enterprise sales with a regionally organized field force covering Central, North, West, and South India, serving automotive OEMs and tier-1 suppliers such as Maruti Suzuki, Honda, Toyota, Hyundai, Hero MotoCorp, Yamaha, Bajaj, and Royal Enfield, alongside industrial buyers in aerospace, construction, electrical, and metals industries. Pricing is contract-negotiated with no public disclosure, and the model is differentiated by IATF16949-certified quality, ISO 14001/45001 environmental and safety certifications, and UNFCCC-accredited carbon credit eligibility at its Tapukhera plant.

CMR Green Technologies earns revenue primarily from the sale of manufactured alloys and billets, processed scrap metals, and value-added liquid metal supply services. The business is in active growth mode, expanding into wrought alloy products through the Nippon Light Metal-backed CMR Eco Aluminium subsidiary in Tirupati and pursuing an IPO via a DRHP filed in August 2025. The company is family-controlled by the Agarwal family, with Mohan Agarwal as Managing Director and Gauri Shankar Agarwala as Chairman Emeritus, while Japanese JV partners hold minority stakes in the dedicated joint venture entities.

Name

CMR

Legal name

CMR Green Technologies Ltd.

Website

https://cmr.co.in

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

CMR Green Technologies Ltd. is India's largest scrap metal recycler and producer of aluminium and zinc die-casting alloys, operating 13 plants with ~605,850 MT annual capacity and serving automotive OEMs (Maruti Suzuki, Honda, Toyota, Hyundai) and industrial buyers via B2B sales of ingots, billets, and liquid metal.

Ownership category

akta.pro rank

Product category

Aluminium and Zinc Die-Casting Alloys Manufacturing

NAICS

Secondary Smelting and Alloying of Aluminum (331314), Nonferrous Metal (except Aluminum) Production and Processing (3314)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Secondary Aluminum Smelting & Recycling (Remelt) (IMAKACAD)

akta.pro secondary industries

Aluminum Scrap Collection, Sorting & Processing (IMAKACAJ), Metals Recycling & Processing (Ferrous/Non-Ferrous) (BPALADAF), Metal Melting & Secondary Smelting/Refining (Recycled Feedstock Producers) (EUAIAJAJ)

Keywords

• Aluminium die-casting alloys
• Scrap metal recycling
• Liquid metal supply
• Aluminium billets production
• Zinc alloy manufacturing

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Aluminium and Zinc Alloy Sales: Manufacturing and sale of aluminium die-casting alloys (in solid ingot and liquid form), zinc alloys, aluminium billets, and stainless steel recycling. Revenue generated from B2B sale of processed metal alloys to automotive and industrial manufacturers.
2. Scrap Metal Sales: Sale of processed scrap materials including copper scrap, zinc scrap, brass scrap, magnesium scrap, and lead scrap to industrial buyers.
3. Liquid Metal Supply: Direct supply of molten aluminium alloy to customers' production lines, providing an integrated supply chain solution with cost benefits to customers.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

CMR Green Technologies Ltd. recycles scrap metal and manufactures aluminium and zinc die-casting alloys (in solid ingot and liquid/molten form), aluminium billets, and processed scrap metals (copper, zinc, brass, magnesium, lead) for B2B sale to automotive and industrial manufacturers. The company operates 13 manufacturing plants in India with a combined annual capacity of approximately 605,850 MT and supplies major automotive OEMs through direct sales and direct-to-line liquid metal delivery.

Product overview

CMR Green Technologies Ltd. operates as India's largest scrap metal recycling company, offering a comprehensive portfolio of products and services. The core offerings include aluminium alloys (available as solid ingots or liquid form), zinc alloys, aluminium billets, and stainless steel recycling services. The product line spans from raw scrap materials (copper, zinc, brass, magnesium, lead) to value-added processed alloys. The company operates 13 manufacturing plants including joint ventures with Japanese partners (Toyota Tsusho, Nikkei MC Aluminium, Nippon Light Metal) and supplies to major automotive manufacturers. The integrated model combines scrap collection, processing, alloying, and direct molten metal delivery to customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Aluminium Alloy (Ingot) Aluminium alloy ingots produced from recycled scrap metal, available in JIS and BS specifications including ADC6, ADC10, ADC12, ADC14, and other aluminium die-casting alloys, used by automotive, aerospace, construction, and electrical industries.
• Zinc Alloy Zinc alloys produced to BI standards including Z-3, ZDC-2, Z-5, ZA-8, ZA-12, ZA27C2, used in die casting for automotive parts, home fittings, and electrical components, with superior strength, durability, and corrosion resistance.
• Aluminium Alloy (Liquid/Molten) Ready-to-use molten aluminium alloy delivered directly to customer production lines via specially designed trucks and ladles, eliminating customer-side melt loss, reducing fuel, repair/maintenance, manpower, electricity, and inventory carrying costs.
• Aluminium Billets Aluminium eco billets produced using Air-Slip technology by Wagstaff, available in diameters 127mm to 203mm and alloys including AA 6061, 6082, 6005, 6351, 6063, 6060, with defect-free surface, in-line degassing, ceramic foam filtration, and homogenisation for superior extrudability.
• Stainless Steel Recycling Sorting and processing of stainless steel scrap from Zurik and Zorba streams, primarily SS304 grade, supplied in shredded form with high bulk density ideal for induction furnaces.
• Copper Scrap Recycled copper scrap including Copper Cobra and Copper Attachment variants, premium-grade retaining at least 95% of primary metal value, used in electrical, construction, machinery, and alloying applications.
• Zinc Scrap Recycled zinc scrap including Zinc Attachment, ZN Bareek, Zinc Score/Chadri, Zinc Mota, and Zinc Tukadi variants, used in galvanizing, hardware, fertilizers, medicine, and automobile industries.
• Brass Scrap Recycled brass scrap including Brass, Brass-Attachment, Brass Hard, Brass Ocean/Jali, and Bronze/Gun Metal variants, used in electrical, construction, automotive, oil, and power sectors.
• Magnesium Scrap Recycled magnesium scrap including Magnesium Cast variants, used in primary aluminium smelting for alloying, automotive, aerospace, and electronics industries due to its lightweight and strength-to-weight ratio.
• Lead Scrap Recycled lead scrap sourced from used batteries, cables, and other discarded items, used primarily in battery manufacturing and automobile industries.

Quantifiable outcome

• Liquid metal supply reduces fuel consumption, repair and maintenance costs, manpower cost, electricity cost, and inventory carrying cost for customers.
• +3 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• Nippon Light Metal Company LimitedcoreStrategic or Co-development Partner · 30 May 2025Joint venture investment in CMR Eco Aluminium Pvt. Ltd. signed on 30th May 2025. Focus on developing advanced recycling technologies, improving quality of recycled aluminium billets, and expanding market reach. Plant at Tirupati, Andhra Pradesh with annual production capacity of 36,000 tons, processing pre- and post-consumer aluminium scrap into high-quality, low-carbon aluminium billets and ingots.
• Toyota Tsusho CorporationcoreStrategic or Co-development Partner · 1 April 2014Joint venture in CMR Toyotsu Aluminium India Pvt. Ltd. (CMRT) with CMR Green 70%, Toyota Tsusho Corporation 30%. Two plants: Sriperumbudur (42,000 MT, established April 2014) and Vallam (24,000 MT, established 2019), both near Chennai, Tamil Nadu. Produces aluminium alloys with pump furnace, twin-shaft shredder, advanced sorting technology and baghouses.
• Nikkei MC AluminiumcoreStrategic or Co-development Partner · 1 November 2013Joint venture in CMR Nikkei India Pvt. Ltd. with CMR Green 74%, Nikkei MC Aluminium 26% (2nd largest producer of aluminium alloys in Japan). Plants at Bawal, Haryana (40,000 MT, established November 2013) and Vanod, Gujarat (30,000 MT, established 2018). Features first-time use of Tilting Rotary Furnace from France, over-the-road transfer technology from Japan, sorting technology from China.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Market position

Competitive moat7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/cmrgreengroup
• Facebookm.facebook.com/people/CMR-Green-Technologies-Ltd/100084488186813
• LinkedInin.linkedin.com/company/century-metal-recycling-limited
• Instagraminstagram.com/cmrgreentechnologiesltd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries6 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CMR