Metropolitan Transport Corporation (Chennai) Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 892.90 Cr
- Company Age 53 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,866.90 Cr
- Satisfied Charges ₹ 305.29 Cr
- Revenue Growth 30.69%
- Profit Growth -7.24%
- Ebitda -10.97%
- Net Worth -15.27%
- Total Assets 57.98%
About Metropolitan Transport Corporation (Chennai)
Metropolitan Transport Corporation (Chennai) Limited (MTCCL) was founded in India on 10 December 1971 and has a glorious history of 53 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Pallavan Transport Corporation Limited. The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 892.90 Cr.
The company currently has active open charges totaling ₹1,866.90 Cr. The company has closed loans amounting to ₹305.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Metropolitan Transport Corporation (Chennai) Limited India is S Sasikala as CFO. Jaganathan Radhakrishnan, Alby Varghese, Subbiah Renganathan, and Ten other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U60220TN1971SGC006088
- Company No.
006088
- Company Classification
Public Limited State Government Company
- Incorporation Date
10 Dec 1971
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Metropolitan Transport Corporation (Chennai)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alby Varghese  | Managing Director | Current | |
| S Sasikala | CFO | Current |
Board Members (12)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jaganathan Radhakrishnan | Director | 19-Jun-2023 | Current |
| Subbiah Renganathan | Director | 17-Jun-2019 | Current |
| Subbaiah Mohan | Director | 21-Jul-2023 | Current |
| Ganesan Thayalan | Director | 08-Jun-2023 | Current |
| Anshul Mishra | Director | 08-Oct-2021 | Current |
| Anusha Sreenivasan | Director | Current |
Financial Performance of Metropolitan Transport Corporation (Chennai).
Metropolitan Transport Corporation (Chennai) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.69% increase. The company also saw a slight decrease in profitability, with a 7.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Metropolitan Transport Corporation (Chennai)?
In 2023, Metropolitan Transport Corporation (Chennai) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tamilnadu Tourism Development Corporation LimitedRajendran Lilly is a mutual person
Tamilnadu Small Industries Corporation LimitedPerumal Kannikapuram is a mutual person
Tamilnadu Minerals LimitedGanesan Thayalan and Phanindra Kanamarla are mutual person
Tamilnadu Civil Supplies CorporationJaganathan Radhakrishnan is a mutual person
_LIMITED_325678.webp)
Charges (Loans)
₹1,866.90 Cr
₹305.29 Cr
Charges Breakdown by Lending Institutions
- Others : 1856.40 Cr
- Indian Overseas Bank : 10.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2004 | Indian Overseas Bank | ₹9.50 Cr | Open |
| 12 Nov 1998 | Indian Overseas Bank | ₹1.00 Cr | Open |
| 09 Sep 1997 | Others | ₹1,856.40 Cr | Open |
| 30 Mar 2019 | Uco Bank | ₹20.00 Cr | Satisfied |
| 25 Jul 2017 | Vijaya Bank | ₹100.00 Cr | Satisfied |
How Many Employees Work at Metropolitan Transport Corporation (Chennai)?
Unlock and access historical data on people associated with Metropolitan Transport Corporation (Chennai), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Metropolitan Transport Corporation (Chennai), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Metropolitan Transport Corporation (Chennai)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
