NSE: CMRGREEN · BSE: 544777
CMR GREEN TECHNOLOGIES L
India-based secondary aluminium maker that recycles aluminium scrap into products for industrial buyers, including liquid aluminium, recycled billets and UBC (Used Beverage Can) recycling. Customers span auto manufacturers (passenger vehicles, two-wheelers and EVs including Ather Energy) and non-auto buyers in construction, electrical and engineering, with volume mix targeted at 60% auto alloys, 20% non-auto and 20% other metals. Installed recycling capacity is targeted to cross 7 lakh TPA by end of FY27, up from a base of about 6.15 lakh TPA, via greenfield investment at Shoolagiri and Bawal and ramp-ups at Tirupati and Odisha. Pricing is on a pass-through basis, with raw material scrap accounting for 78-80% of revenue; the tracked performance metric is EBITDA per ton at Rs 12,000/ton. Q1 FY27 consolidated revenue was Rs 3,122 cr (up 65% YoY) on volumes up 25%, and FY26 revenue stood at Rs 8,640 cr with EBITDA of Rs 449 cr and PAT of Rs 228 cr. Liquid aluminium now exceeds 50% of aluminium sales, while billets grew 149% YoY and UBC 333% YoY in Q1 FY27. The company listed on NSE and BSE in June 2026 with a Rs 630.6 cr IPO. AR · MarketPing reader · 2026-09-16
Revenue streams, as the annual report describes them. Liquid aluminium, Recycled billets, UBC (Used Beverage Can) recycling, Auto alloys, Non-auto alloys, Other metals. Recycling-based, pass-through pricing secondary aluminium manufacturer; cyclical input costs, capex-funded capacity expansion.
Exhibit 1: Financial summary, – (all audited; no estimate years)
| ₹ crore · consolidated |
|---|
| Revenue |
| EBITDA (ex other income) |
| margin % |
| Owners' profit |
| EPS, as reported (₹) |
| ROE % · ROCE % |
| Debt / equity (x) |
| Cash from operations |
| Capex |
Exhibit 2: Quarterly performance, last 1 quarters
| ₹ crore | Q1 FY27 |
|---|---|
| Revenue | 3,123 |
| Profit before tax | 88 |
| Net profit | 68 |
| EPS (₹) | 2.80 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Quarterly Compliance Certificate under SEBI Reg 74(5) filed | compliance | minimal | — | — |
| 9 Oct 2026 · Clarification on duplicate credit facility intimation to exchanges | compliance | minimal | — | — |
| 8 Oct 2026 · Federal Bank enhances CMR Green credit facility by about Rs 17 crores | credit debt | medium | — | — |
| 3 Oct 2026 · CFO Yugal Kishor Garg resigns, President Finance set to take over | management changes | high | — | — |
| 1 Oct 2026 · CMR Green Technologies: All 16 resolutions passed at 21st AGM | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Trading window closure for designated persons ahead of Q2 results | compliance | minimal | — | — |
| 29 Sept 2026 · Proceeding of the 21st AGM. | board shareholder meetings | low | — | — |
| 19 Sept 2026 · CRISIL upgrades CMR Green ratings to AA-/Stable and A1+ | credit debt | medium | — | — |
| 18 Sept 2026 · Federal Bank enhances credit facilities to Rs 165 Crore for CMR Green Technologies | credit debt | high | — | — |
| 18 Sept 2026 · CMR Green Tech schedules two investor conferences in Sep 2026 | board shareholder meetings | low | — | — |
How to read this document
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|---|---|---|
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.