Tamil Nadu State Transport Corporation Coimbatore Limited

Provides passenger transport services in Tamil Nadu.

1972 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Tamil Nadu State Transport Corporation Coimbatore Profile

Key Indicators

  • Authorised Capital ₹ 1,500.00 Cr
  • Paid Up Capital ₹ 1,148.49 Cr
  • Company Age 52 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,062.01 Cr
  • Satisfied Charges ₹ 39.90 Cr
  • Revenue Growth 40.30%
  • Profit Growth 3.28%
  • Ebitda -10.95%
  • Net Worth -13.65%
  • Total Assets 9.81%

About Tamil Nadu State Transport Corporation Coimbatore

Tamil Nadu State Transport Corporation Coimbatore Limited (TNSTCCL) was founded in India on 17 February 1972 and has a glorious history of 52 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Cheran 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 2023. It's a company limited by shares with an authorized capital of Rs 1,500.00 Cr and a paid-up capital of Rs 1,148.49 Cr.

The company currently has active open charges totaling ₹1,062.01 Cr. The company has closed loans amounting to ₹39.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tamil Nadu State Transport Corporation Coimbatore Limited India is Kannan Sankaralingam as CFO. Phanindra Kanamarla, Chakravarthin Balaji, Rajendran Lilly, and Twelve other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60231TZ1972SGC003001

  • Company No.

    003001

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    17 Feb 1972

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Transport and Logistics

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

Executive Team (2)

NameDesignationAppointment DateStatus
Susainayagam Josephdiaz Country flag representing In Managing Director21-Jul-2023Current
Kannan Sankaralingam Country flag representing In CFOCurrent

Board Members (14)

NameDesignationAppointment DateStatus
Alby Varghese Country flag representing In Director Current
Phanindra Kanamarla Country flag representing In Director 15-May-2023Current
Chakravarthin Balaji Country flag representing In Director 13-Jun-2023Current
Rajendran Lilly Country flag representing In Director 06-Aug-2024Current
Saraswathi Thangadurai Country flag representing In Director Current
Ponmudi Ramasamy Country flag representing In Director 14-Jun-2022Current

Financial Performance of Tamil Nadu State Transport Corporation Coimbatore.

Tamil Nadu State Transport Corporation Coimbatore Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.3% increase. The company also saw a slight improvement in profitability, with a 3.28% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.65%.

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
40.30%
Revenue from Operations
37.34%
Total Assets
9.81%
Profit or Loss
3.28%
Net Worth
-13.65%
EBITDA
-10.95%

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

In 2023, Tamil Nadu State Transport Corporation Coimbatore 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

₹1,062.01 Cr

Satisfied Charges

₹39.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 1037.01 Cr
  • Indian Overseas Bank : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 1998Indian Overseas Bank₹25.00 CrOpen
30 Nov 1994Others₹1,037.01 CrOpen
19 Feb 2019Others₹18.00 CrSatisfied
29 Jul 2010Uco Bank₹15.00 CrSatisfied
08 Jan 2008State Bank Of India₹5.00 CrSatisfied

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

Unlock and access historical data on people associated with Tamil Nadu State Transport Corporation Coimbatore, 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 Tamil Nadu State Transport Corporation Coimbatore, 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 Tamil Nadu State Transport Corporation Coimbatore'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 Tamil Nadu State Transport Corporation Coimbatore

Recent activity within the organization

  • Director Appointment

    Dasarathan was appointed as a Director was appointed as a Director on 06 Sep 2024 & has been associated with this company since 4 months 26 days .

    06 Sep 2024

  • Director Appointment

    Ramasamy Singaravelu was appointed as a Director was appointed as a Director on 06 Sep 2024 & has been associated with this company since 4 months 26 days .

    06 Sep 2024

  • Director Appointment

    Rajendran Lilly was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 5 months 26 days .

    06 Aug 2024

  • Charges

    A charge with Others of Rs. 1,037.01 Cr registered on 30 Nov 1994 with Charge ID 80046632 was modified on 20 Mar 2024.

    20 Mar 2024

  • Director Appointment

    Marimuthu Sivaguru Prabakaran was appointed as a Director was appointed as a Director on 23 Jan 2024 & has been associated with this company since 1 year 8 days .

    23 Jan 2024

  • Annual General Meeting

    Tamil Nadu State Transport Corporation Coimbatore Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

Frequently asked questions

  • Tamil Nadu State Transport Corporation Coimbatore Limited was incorporated on 17 Feb 1972.

  • The authorized share capital of Tamil Nadu State Transport Corporation Coimbatore Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 1,148.49 Cr.

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

    • Phanindra Reddy Kanamarla
    • Chakravarthin Rajagopala Balaji
    • Rajendran Lilly
    • Saraswathi Thangadurai
    • Alby John Varghese
    • Ponmudi Ramasamy
    • Susainayagam Josephdiaz
    • Elangovan Kuppusamy
    • Rajan Mohan
    • Venkatesan Venkatarajan
    • Amudhan Valavan
    • Dasarathan
    • Harikrishna Perumal Ramesh
    • Marimuthu Sivaguru Prabakaran
    • Ramasamy Singaravelu
    • Kannan Sankaralingam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamil Nadu State Transport Corporation Coimbatore Limited is 37Mettupalayam Rd India, Coimbatore, Tamil Nadu, 641043.

  • The corporate identification number (CIN) of Tamil Nadu State Transport Corporation Coimbatore Limited is U60231TZ1972SGC003001 and the company number is 003001 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tamil Nadu State Transport Corporation Coimbatore Limited has risen by 40.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamil Nadu State Transport Corporation Coimbatore Limited has experienced an downturn of -13.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tamil Nadu State Transport Corporation Coimbatore Limited amount to ₹ 1,062.01 Cr.

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