1

TAMIL NADU MINERALS LIMITED

(TAMIN)

PROFILE

2

SALIENT FEATURES OF

TAMIN

• TAMIN, an undertaking wholly owned by the Government of Tamil Nadu was established in April 1978.

• It exploits, processes and markets raw granite blocks, granite value added products.

• It also processes and markets major minerals such as Graphite, Silica Sand, Vermiculite, Limestone and Quartz & Feldspar

• TAMIN wins minerals in a sustainable and scientific manner by following eco-friendly methods.

• TAMIN is one of the successful business organisations of Tamil Nadu

3

SHARE CAPITAL

Rs. In Lakhs

Initial authorized capital 100.00

Initial paid up capital 27.50

Present authorized Capital 2000.00

Present paid up capital 1573.80

4

BOARD OF DIRECTORS

Thiru C.V.Sankar, I.A.S.

Chairman,

Tamil Nadu Minerals Limited

Principal Secretary to Government, Industries Department

Thiru M.Vallalar, I.A.S.,

Managing Director,

Tamil Nadu Minerals Limited

Thiru. Swaran Singh, I.A.S.,

Principal Secy / Commissioner,

Industries and Commerce

Thiru Atul Anand, I.A.S.,

Commissioner I/c,

Department of Geology and Mining

Dr. P.Umanath, I.A.S.,

Joint Secretary to Government,

Finance Department

Thiru. Hanish Chhapra I.A.S.

Deputy Secretary to Government,

Industries Department

Dr. L.Ajay Kumar,

Professor and Head,

Department of Mining Engineering,

Anna University,

5

ORGANISATION OF TAMIN

Corporate Office

Divisions - 10 Industrial

Units - 6

Central

Workshop,

Salem - 1

Quarries /

Mines / Mini

Tile Plants

Show Room - 1

6

TAMIN DIVISIONS

(Each headed by a Divisional Manager)

Sl. No. Name of the Division Districts Covered - 19

1. Sholingur Vellore, Thiruvallur

2. Krishnagiri Krishnagiri

3. Kulithalai Karur, Namakkal, Trichy

4. Ariyalur Ariyalur, Pudukottai

5. Melur Madurai, Virudhunagar, Sivagangai

6. Metturdam Salem, Erode, Tiruppur

7. Pennagaram Dharmapuri

8. Tirunelveli Tirunelveli

9. Tiruvannamalai Tiruvannamalai

10. Villupuram Villupuram, Kancheepuram

7

TAMIN INDUSTRIAL UNITS

Started Project CostCapacity/

Annum

1.Exfoliated Vermiculite Plant,

Ambattur1979

Rs. 2.17 Lakhs(Plant transferred from

Industries and

commerce Dept)

1700 MT

2.Indian Standard Sand Unit,

Ennore1984 Rs.15 Lakhs 3600 MT

3.TAMIN Granites, Manali,

Chennai1986 Rs. 650 Lakhs 34000 M2

4.Graphite Beneficiation Plant,

Sivaganga1992 Rs. 2800 Lakhs 6000 MT

5.TAMIN Granites Tile Plant,

Madhepalli, Krishnagiri1994 Rs.620 Lakhs 33600 M2

6.TAMIN Granites 100% EOU

Slab Plant, Melur2013 Rs.3425 Lakhs 180000 M2

8

DETAILS OF LEASEHOLD AREAS

Mineral Lease Hold

Areas

No. of

Leases

Extent

(in Hects)

Minor Minerals

Black Granite 74 920.529

Colour Granite 52 806.085

Sub total1 126 1726.614

Major Minerals

Graphite 2 242.320

Quartz & Feldspar 7 16.562

Silica Sand 5 25.245

Vermiculite 1 23.710

Limestone 2 12.745

Garnet Sand 1 4.360

Sub total2 18 324.942

Total 144 2051.556

9

AVAILABLE WORKFORCE

Administrative 246

Technical 323

Total 569

Male Female

Highly Skilled 19 -

Skilled 183 -

Semi Skilled 354 61

Un-skilled 71 23

Trainee - 1

Total 712

Staff Details Workers Details

Total workforce: 1281

10

PRODUCTION PERFORMANCE

Sl.

No.Mineral Name

Measurem

ent2011-12 2012-13 2013-14

A. Minor Minerals

1) Black Granite CBM 15915 16062 23817

2) Colour Granite CBM 10302 4118 10770

B. Major Minerals

3) Limestone MT 180400 674682 701413

4) Graphite Ore MT 57205 67959 87995

5) Quartz & Feldspar MT 7833 4226 1748

6) Vermiculite ore MT 1697 1373 2201

7) Silica Sand (Raw) MT 3206 4212 7500

C. Value Added Products

8) Granite Finished Products SQM 15031 15725 100179

9) Graphite Flakes MT 5639 5701 5842

10) Indian Standard Sand MT 3078 3300 3714

11) Exfoliated Vermiculite MT 1334 1218 1752

11

SALES PERFORMANCE

(Rs. in Lakhs)

Sl.

No.Mineral Name

2011-12 2012-13 2013-14

A) Granite

1) Black Granite 4513.23 5240.01 9106.96

2) Colour Granite 1426.82 894.84 1938.59

B) Other Minerals

3) Limestone 429.35 2239.68 2861.58

4) Quartz & Feldspar 116.81 140.30 56.97

C) Value Added Products

5) Granite Slabs, Tiles &

Monuments

600.52 537.69 1302.54

6) Graphite Flakes 2546.67 2590.13 2834.62

7) Indian Standard Sand 346.12 456.63 613.13

8) Exfoliated Vermiculite 111.88 123.90 184.61

9) Others 615.00

Total 10091.40 12223.18 18887.14

SALES TURNOVER(Rs. in Lakhs)

1 24 69 98 168 242 407 592 8301175

1072

1422

1873

2606

3578

4020

4008

3436

3132

4070

5317

6651

6670

6705

8002

9021

10015

10991

101479389

10505

11041

10222

10091

12223

18887

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

12

EXPORT SALES(Rs. in Lakhs)

0 21 59 85 147221

328453

695

999 942

1326

1781

2507

3404

3822 3765

3081

23192474

2745

2492

2870

22052152

1233

17621866

672

217355

281124 108

1623

4581

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

13

14

EXPORTING COUNTRIES

USA SPAIN

ITALY CHINA

JAPAN DUBAI

POLAND SLOVENIA

CROATIA BELIZE

15

PROFIT BEFORE GRATUITY, EPF, TAX(Rs. in Lakhs)

-8 8 11 15 32 32 51

143165

227

243

612

957

1652

1990

2191

1577

329176

810

1172

958

1296

914

1141

971

947

853

880817

687

994872

752

1445

4757

-1000

0

1000

2000

3000

4000

5000

PAYMENT OF GRATUITY, EPF(Rs. in Lakhs)

1 0 1 4 5 6 8 11 12 15 18 28 30 35 41 48 62 75 84

187 204168

291

771

574

427472 453

559 586

927

803

675

1094

2288

0

500

1000

1500

2000

2500

16

PROFIT BEFORE TAX(Rs. in Lakhs)

-8 6 11 14 28 28 45135 154

215 229

593

929

1622

1954

2151

1529

267

101

725

985

753

1127

623

370 397

521

381427

258

101 67 69 78

351

2469

-500

0

500

1000

1500

2000

2500

3000

17

COMPARISON BETWEEN

FINANCIAL YEARS 1993-94 & 2013-14

Financial Year 1993-94 Financial Year 2013-14 (Unaudited)

Employee cost is only around 15% to sales. Salaries

and wages were paid on a settlement basis during

that year.

Employee cost during the year is around Rs. 74 Crores

which is the major expenditure to TAMIN. This works out

to around 40% of sales turnover.

No provision for gratuity contribution. Provision for contribution to gratuity is around Rs. 17.17

crores which is a highest ever contribution in TAMIN’s

history.

Depreciation and interest debitable was marginal. Depreciation and interest on foreign currency loan plays

a considerable role since the new factory has been

established at Melur which is debitable around

Rs. 7.00 crores.

Other Income i.e., interest on fixed deposit and

Income from investments comes around

Rs. 4.20 crores which is a considerable part in profit.

Percentage works out to 10.45% to sales.

Other Income i.e., interest on fixed deposit and Income

from investments comes around Rs. 5.25 crores which

is a considerable part in profit. Percentage works out to

2.79% to sales.

Sales turnover during the year 1993-1994 is

Rs. 40.20 Crores. However profit before tax is

Rs. 21.50 crores which are 53.48% on sales.

Sales turnover during the year 2013-2014 is Rs. 188.87

crores whereas the profit before tax is only 24.69 crores

which are only 13% on sales.18

SALES – BLACK GRANITE(Rs. in Lakhs)

0 20 44 65 101 167 222 325522

685541

9001074

908

1579

1624

1634

837

13

2273

2188

2950

28112437

2814

2894

3131

3642

3474

4538

3873

3862

4462

4513

5240

9107

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

19

SALES – LIMESTONE(Rs. in Lakhs)

0 2 3 5 2 8 4999 86 119

60 38 30 17 29 35 38 22 0

129182 155 173 191

12562 76

152 151 157

291 260

746

429

2240

2862

0

500

1000

1500

2000

2500

3000

3500

20

SALES – EXFOLIATED VERMICULITE(Rs. in Thousands)

9 0 1 1 10 27 52 16 22 230 293631

1157

1197

1119

1823

2306

1851

2261

3923

3972

4578

5238

6391

83089348

9593

12413

11047

12543

18220

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

21

SALES – GRAPHITE FLAKES(Rs. in Lakhs)

1 0 2 0 0 0 0 0 4 3

121

231

250

352

444

375

518

618

776

745

1028

1020

1045

1400

1251

1403

2547

2590

2835

0

500

1000

1500

2000

2500

3000

22

SALES – INDIAN STANDARD SAND(Rs. in Lakhs)

0 0 0 0 0 016 20 24 28 31 29 31 29

50 42 50 56 61 61 67 6783 83 83 85

97 94

121136

192203

244

346

457

613

0

100

200

300

400

500

600

700

23

PRODUCTION – BLACK GRANITE(Quantity in Cubic Metre)

17931

2044

1787

1356

26303579

4487

7430 7203

4798

4474

5272

4076

3679

4161

4225

20542763

6835

6834

9597

8434

7808

8647

10990

12405

15106

13619

17629

22217

18408

17998

15915

16062

23817

0

5000

10000

15000

20000

25000

30000

24

PRODUCTION – LIMESTONE(Quantity in Metric tonne)

5536

11438

120148240

69917772

74154

144563

122262

152242

74512

45136

27041

19492

23201

22301

2255115900

0

73830

100740

110562

127692

158793

94147

49385

55750

76550

76730

115275

221500

155600

353470

180400

674682

701413

0

100000

200000

300000

400000

500000

600000

700000

800000

25

PRODUCTION – RAW VERMICULITE(Quantity in Metric tonne)

233

550

702

1202

1167

1860

1131

1065

954

900

918

1106

865

761

877

761

481 450

0

11021230

1331

1596

1951

1765

1458

1855

14171491

1687

1921

1603

2154

1697

1373

2201

0

500

1000

1500

2000

2500

26

PRODUCTION – SILICA SAND(Quantity in Metric tonne)

45 75

1584

3709

7231

11795

3238

113568

352 480 609359 312

824 946710

1254

1908

1234

2722

1583

3755

2180

2507

2520

2419

2961

2707

3094

3129

3329

3901

3206

4212

7500

0

2000

4000

6000

8000

10000

12000

14000

27

PRODUCTION – GRAPHITE ORE(Quantity in Metric tonne)

101

1091959

11361926

2029

3484

3274

2653550

0 0 0

21330

15609

4642

39391

32656

17867

32464

50320

41320

42627

42840

57200 58961

49308

59227

50764

49329

57205

67959

87995

0

10000

20000

30000

40000

50000

60000

70000

80000

90000

100000

28

PRODUCTION – EXFOLIATED VERMICULITE(Quantity in Metric tonne)

6 3 235 19 10 10

91 111

255

400 408

299

545

671

436

464

758703

880

961

1054

1234

13351355

1680

1334

1218

1752

0

200

400

600

800

1000

1200

1400

1600

1800

29

PRODUCTION – INDIAN STANDARD SAND(Quantity in Metric tonne)

658782

1037

1127

1236

1201

1231

1173

1352

1380

1720

1739

1766

1735

1858

1298

1852

2006

2162

1728

2217

2118

2231

2535

2381

2859

3486

3078

3300

3714

0

500

1000

1500

2000

2500

3000

3500

4000

30