Doonedu at 20:20, 14 June 2025

2025-06-14T20:20:38Z

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{{Short description|Indian chemicals company}}
{{EngvarB|date=February 2014}}
{{Use dmy dates|date=February 2014}}

{{Infobox company
| name = Cochin Minerals and Rutile Limited (CMRL)
| logo = Cochin Minerals and Rutile Limited.svg
| type = Public
| traded_as = {{BSE|513353}}
| foundation = 18 August 1989<ref name="auto">{{Cite web |url=https://www.moneycontrol.com/company-facts/cochinmineralsrutile/history/CMR |title=Cochin Minerals and Rutile
|website=www.moneycontrol.com |archive-url=https://web.archive.org/web/20100808221317/http://www.moneycontrol.com/company-facts/cochinmineralsrutile/history/CMR |archive-date=2010-08-08
|last1=Com
|first1=Moneycontrol
}}</ref>
| location = Edayar Industrial Development Area, Aluva
| location_city = [[Kochi]]
| location_country = India
| key_people = R.K. Garg, Chairman . Dr.S.N. Sasidharan Kartha, MD
<ref>{{Cite web |url=https://www.moneycontrol.com/company-facts/cochinmineralsrutile/management/CMR |title=Cochin Minerals and Rutile Registered Address Contact Details, Cochin Minerals and Rutile Management |website=www.moneycontrol.com |archive-url=https://web.archive.org/web/20091208124204/http://www.moneycontrol.com/company-facts/cochinmineralsrutile/management/CMR |archive-date=2009-12-08}}</ref>
| num_employees =
| industry = [[Chemicals]]
| products = Beneficiated [[Ilmenite]] (Synthetic [[Rutile]]), [[Ferric Chloride]], [[Ferrous Chloride]], [[Cemox]]
| revenue = {{profit}}{{INRConvert|1129|m}} (2009-2010)
| assets = {{INRConvert|601|m}} (2009-2010)<ref>{{Cite web |url=https://www.moneycontrol.com/financials/cochinmineralsrutile/balance-sheetVI/CMR |title=Cochin Minerals and Rutile Balance Sheet, Cochin Minerals and Rutile Financial Statement & Accounts |website=www.moneycontrol.com | archive-url=https://web.archive.org/web/20160415190728/https://www.moneycontrol.com/financials/cochinmineralsrutile/balance-sheetVI/CMR |archive-date=2016-04-15 |last1=Com |first1=Moneycontrol }}</ref>
| operating_income = {{profit}}{{INRConvert| 15.32|c}} (2009-2010)
| net_income = {{profit}}{{INRConvert| 5.89|c}} (2009-2010)
| equity = {{INRConvert|78.3|m}} (2009-2010)
| homepage = [http://www.cmrlindia.com www.cmrlindia.com]
}}

'''Cochin Minerals and Rutile Limited''' (CMRL) ({{BSE|513353}}) is a publicly listed chemicals company based in [[Kochi]], [[Kerala]], [[India]]. The company was founded in 1989 by Dr. S.N. Sasidharan Kartha with assistance from the [[Kerala State Industrial Development Corporation]] (KSIDC).<ref name="auto"/> The company is the only listed Indian entity in the synthetic [[rutile]] space.<ref>{{Cite web |url=https://www.moneycontrol.com/news/business/markets/-2119019.html |title=Tater Picks Cochin Minerals To Buy On Dips |website=www.moneycontrol.com |date=11 August 2011 |archive-url=https://web.archive.org/web/20180627062424/https://www.moneycontrol.com/news/business/markets/-2119019.html |archive-date=2018-06-27}}</ref>

==Plant location==
*[[Aluva]] ([[Kerala]]) - The plant is located at [[Edayar]] Industrial Development Area, which is about 15 kilometers from the [[Cochin Port]] and 100 kilometers from the [[Ilmenite]] deposits. The company started production with a capacity of 10000 TPA of Synthetic [[Rutile]] and 12500 TPA of Ferric Chloride. Subsequent, the company enhanced its production capacity of Synthetic [[Rutile]] to 45000 TPA, Ferric Chloride to 24000 TPA, Ferrous Chloride to 72000 TPA and Cemox to 18000 TPA.

==Product range==
* Beneficiated [[Ilmenite]] (Synthetic [[Rutile]])
* [[Ferric Chloride]]
* [[Ferrous Chloride]]

== Controversies ==

* In a raid conducted by [[Income Tax Department]] in 2019, it was revealed that the company inflates its expenses and pay bribes to several politicians in [[Kerala]].<ref>{{Cite web |title='Monthly quota' for CM's daughter; Veena Vijayan gets Rs 1.72 crore from CMRL in 3 years |url=https://www.onmanorama.com/news/kerala/2023/08/09/monthly-quota-for-cm-daughter-veena-vijayan-from-cochin-minerals-and-rutile-limited.html |access-date=2024-02-09 |website=Onmanorama}}</ref>
* In 2018 - 19 there were protest named ''Save Alappad'' in [[Kollam district]] against alleged illegal mining carried out under the aegis of CMRL.<ref>{{Cite web |date=2019-01-10 |title='Save Alappad', protest strengthens across state |url=https://englisharchives.mathrubhumi.com/news/kerala/save-alappad-protest-strengthens-across-state-1.3468469 |access-date=2024-02-09 |website=English Archives |language=en}}</ref>
* In June 2023, Income Tax Interim Settlement Board, Delhi ruled that the company paid illegal payments to daughter of [[Pinarayi Vijayan]] by giving bogus contracts to her company Exalogics.<ref>{{Cite web |date=2023-08-11 |title=Illegal payments of Rs 1.72 cr made to Kerala CM's daughter, claims report, triggers political firestorm |url=https://indianexpress.com/article/political-pulse/pinarayi-vijayan-kerala-cm-daughter-illegal-payments-crores-8887077/ |access-date=2024-02-09 |website=The Indian Express |language=en}}</ref>
* In February 2024, [[Serious Fraud Investigation Office]] conducted probe against the company over alleged deal with [[Pinarayi Vijayan|Veena Vijayan]].<ref>{{Cite web |last=PTI |title=Kerala HC declines to stay SFIO probe against CM's daughter's firm, KSIDC & CMRL |url=https://www.deccanherald.com/india/kerala/kerala-hc-declines-to-stay-sfio-probe-against-cms-daughters-firm-2884276 |access-date=2024-02-09 |website=Deccan Herald |language=en}}</ref>

== See also ==

* [[Sand mining in Tamil Nadu|V V Minerals]]
* [[Indian Rare Earths]]
* [[Kerala Minerals and Metals|KMML]]

==References==
{{reflist}}

==External links==
* [https://web.archive.org/web/20200706083521/http://www.cmrlindia.com/index.htm Official Website]

[[Category:Companies based in Kochi]]
[[Category:Chemical companies of India]]
[[Category:Mining in Kerala]]
[[Category:1989 establishments in Kerala]]
[[Category:Indian companies established in 1989]]
[[Category:Chemical companies established in 1989]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Cochin Minerals and Rutile Limited - Revision history

Doonedu at 20:20, 14 June 2025