State Express Transport Corporation Tamil Nadu Limited

Provides e-ticket reservation services with cancel and view ticket options.

1980 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

State Express Transport Corporation Tamil Nadu Profile

Key Indicators

  • Authorised Capital ₹ 710.00 Cr
  • Paid Up Capital ₹ 704.02 Cr
  • Company Age 45 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 576.73 Cr
  • Satisfied Charges ₹ 70.50 Cr
  • Revenue Growth 55.76%
  • Profit Growth 22.35%
  • Ebitda 29.76%
  • Net Worth -12.42%
  • Total Assets -17.22%

About State Express Transport Corporation Tamil Nadu

State Express Transport Corporation Tamil Nadu Limited (SETCTNL) is a leading Public Limited State Government Company incorporated in India on 14 January 1980 and has a history of 45 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Internet Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 710.00 Cr and a paid-up capital of Rs 704.02 Cr.

The company currently has active open charges totaling ₹576.73 Cr. The company has closed loans amounting to ₹70.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at State Express Transport Corporation Tamil Nadu Limited India is Rajan Mohan as CEO. Phanindra Kanamarla, Indarmull Rajesh, Priya Venugopal, and Twelve other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tnstc.in

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U63040TN1980SGC008080

  • Company No.

    008080

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    14 Jan 1980

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Internet

Who are the key members and board of directors at State Express Transport Corporation Tamil Nadu?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajan Mohan CEO01-Aug-2024Current

Board Members (14)

NameDesignationAppointment DateStatus
Alby Varghese Country flag representing In Director 22-Feb-2024Current
Phanindra Kanamarla Country flag representing In Director 15-May-2023Current
Indarmull Rajesh Country flag representing In Director 08-Sep-2023Current
Priya Venugopal Country flag representing In Director 03-Jul-2020Current
Murugesan Panneerselvam Country flag representing In Director 05-Sep-2024Current
Ramasamy Singaravelu Director 13-Sep-2024Current

Financial Performance of State Express Transport Corporation Tamil Nadu.

State Express Transport Corporation Tamil Nadu Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.76% increase. The company also saw a substantial improvement in profitability, with a 22.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.42%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
55.76%
Revenue from Operations
56.67%
Total Assets
-17.22%
Profit or Loss
22.35%
Net Worth
-12.42%
EBITDA
29.76%

What is the Ownership and Shareholding Structure of State Express Transport Corporation Tamil Nadu?

In 2023, State Express Transport Corporation Tamil Nadu had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹576.73 Cr

Satisfied Charges

₹70.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 531.79 Cr
  • Indian Overseas Bank : 26.50 Cr
  • Tamilnadu Transport Development Finance Corporation Limited : 10.44 Cr
  • Indian Bank : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2017Indian Bank₹3.00 CrOpen
27 May 2016Indian Bank₹3.00 CrOpen
26 Mar 2014Tamilnadu Transport Development Finance Corporation Limited₹10.44 CrOpen
27 Oct 1999Indian Bank₹1.00 CrOpen
27 Oct 1999Indian Bank₹1.00 CrOpen

How Many Employees Work at State Express Transport Corporation Tamil Nadu?

Unlock and access historical data on people associated with State Express Transport Corporation Tamil Nadu, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of State Express Transport Corporation Tamil Nadu, 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 State Express Transport Corporation Tamil Nadu's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on State Express Transport Corporation Tamil Nadu

Recent activity within the organization

  • Director Appointment

    Ramasamy Singaravelu was appointed as a Director was appointed as a Director on 13 Sep 2024 & has been associated with this company since 5 months 9 days .

    13 Sep 2024

  • Director Appointment

    Kaliyaperumal Gunasekaran was appointed as a Director was appointed as a Director on 13 Sep 2024 & has been associated with this company since 5 months 9 days .

    13 Sep 2024

  • Director Appointment

    Dasarathan was appointed as a Director was appointed as a Director on 13 Sep 2024 & has been associated with this company since 5 months 9 days .

    13 Sep 2024

  • Director Appointment

    Murugesan Panneerselvam was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 5 months 17 days .

    05 Sep 2024

  • Director Appointment

    Chakravarthin Rajagopala Balaji was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 5 months 17 days .

    05 Sep 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 22.50 Cr registered on 01 Mar 1989 with Charge ID 90304353 was modified on 26 Oct 2023.

    26 Oct 2023

Frequently asked questions

  • State Express Transport Corporation Tamil Nadu Limited was incorporated on 14 Jan 1980.

  • The authorized share capital of State Express Transport Corporation Tamil Nadu Limited is ₹ 710.00 Cr and paid-up capital is ₹ 704.02 Cr.

  • Currently 16 directors are associated with State Express Transport Corporation Tamil Nadu Limited.

    • Phanindra Reddy Kanamarla
    • Indarmull Rajesh
    • Priya Venugopal
    • Murugesan Panneerselvam
    • Rajan Mohan
    • Ramasamy Singaravelu
    • Kaliyaperumal Gunasekaran
    • Dasarathan
    • Venkatesan Venkatarajan
    • Rajan Mohan
    • Elangovan Kuppusamy
    • Susainayagam Josephdiaz
    • Ponmudi Ramasamy
    • Alby John Varghese
    • Rajendran Lilly
    • Chakravarthin Rajagopala Balaji
  • As per Ministry of Corporate Affairs (Mca), the registered address of State Express Transport Corporation Tamil Nadu Limited is Thiruvalluar House Pallavan Salai India, Chennai, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of State Express Transport Corporation Tamil Nadu Limited is U63040TN1980SGC008080 and the company number is 008080 as per Ministry of Corporate Affairs (MCA).

  • The Official website of State Express Transport Corporation Tamil Nadu Limited is https://www.tnstc.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for State Express Transport Corporation Tamil Nadu Limited has risen by 55.76%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of State Express Transport Corporation Tamil Nadu Limited has experienced an downturn of -12.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for State Express Transport Corporation Tamil Nadu Limited amount to ₹ 576.73 Cr.

  • The most recent Balance Sheet for State Express Transport Corporation Tamil Nadu Limited was filed with the ROC on 31 Mar 2023.

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