Tamil Nadu State Transport Corporation (Madurai) Limited

Provides passenger transportation services, including sleeper and air conditioner buses, since 1971 in Madurai, Tamil Nadu.

1971 | Madurai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Tamil Nadu State Transport Corporation (Madurai) Profile

Key Indicators

  • Authorised Capital ₹ 1,433.00 Cr
  • Paid Up Capital ₹ 920.56 Cr
  • Company Age 53 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 458.79 Cr
  • Satisfied Charges ₹ 124.35 Cr
  • Revenue Growth 45.97%
  • Profit Growth 9.37%
  • Ebitda -13.99%
  • Net Worth -12.43%
  • Total Assets 68.17%

About Tamil Nadu State Transport Corporation (Madurai)

Tamil Nadu State Transport Corporation (Madurai) Limited (TNSTCML) was founded in India on 10 December 1971 and has a glorious history of 53 years and one month. Its registered office is in Madurai, Tamil Nadu.

The Corporate was formerly known as Pandian Roadways Corporation Ltd. 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 1,433.00 Cr and a paid-up capital of Rs 920.56 Cr.

The company currently has active open charges totaling ₹458.79 Cr. The company has closed loans amounting to ₹124.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kasilingam Babu, Rajendran Lilly, Thirumalai Venkatesh, and Eight other members serve as directors at the Company.

Company Details

  • Location
    Madurai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93090TN1971SGC006089

  • Company No.

    006089

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    10 Dec 1971

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ramasamy Singaravelu Managing Director09-Oct-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Kasilingam Babu Country flag representing In Director Current
Rajendran Lilly Country flag representing In Director 06-Aug-2024Current
Thirumalai Venkatesh Country flag representing In Director 15-Jun-2022Current
Premgopal Viswanathan Country flag representing In Director 14-Jul-2021Current
Arumugam Padma Country flag representing In Director Current
Ponmudi Ramasamy Country flag representing In Director 09-Oct-2024Current

Financial Performance of Tamil Nadu State Transport Corporation (Madurai).

Tamil Nadu State Transport Corporation (Madurai) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.97% increase. The company also saw a slight improvement in profitability, with a 9.37% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.43%.

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
45.97%
Revenue from Operations
35.97%
Total Assets
68.17%
Profit or Loss
9.37%
Net Worth
-12.43%
EBITDA
-13.99%

What is the Ownership and Shareholding Structure of Tamil Nadu State Transport Corporation (Madurai)?

In 2023, Tamil Nadu State Transport Corporation (Madurai) 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

₹458.79 Cr

Satisfied Charges

₹124.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 452.99 Cr
  • Tamilnadu Transport Development Finance Co Ltd : 5.00 Cr
  • Indian Oserveas Bank : 0.75 Cr
  • Bank Of Madura L Td : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
02 Feb 2009Others₹452.99 CrOpen
12 Sep 1996Tamilnadu Transport Development Finance Co Ltd₹5.00 CrOpen
30 May 1975Bank Of Madura L Td₹0.50 MOpen
02 Nov 1971Indian Oserveas Bank₹7.50 MOpen
19 Oct 2011Indian Overseas Bank₹6.00 CrSatisfied

How Many Employees Work at Tamil Nadu State Transport Corporation (Madurai)?

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

Recent activity within the organization

  • Director Appointment

    Ponmudi Ramasamy was appointed as a Director was appointed as a Director on 09 Oct 2024 & has been associated with this company since 3 months 23 days .

    09 Oct 2024

  • Director Appointment

    Dasarathan was appointed as a Director was appointed as a Director on 09 Oct 2024 & has been associated with this company since 3 months 23 days .

    09 Oct 2024

  • Director Appointment

    Ramasamy Singaravelu was appointed as a Managing Director was appointed as a Managing Director on 09 Oct 2024 & has been associated with this company since 3 months 23 days .

    09 Oct 2024

  • Charges

    A charge registered on 08 Apr 2005 via Charge ID 80051197 with Indian Overseas Bank was fully satisfied on 13 Aug 2024.

    13 Aug 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

  • Director Appointment

    Chandrasekaran Dinesh Kumar was appointed as a Director was appointed as a Director on 03 May 2024 & has been associated with this company since 8 months 29 days .

    03 May 2024

Frequently asked questions

  • Tamil Nadu State Transport Corporation (Madurai) Limited was incorporated on 10 Dec 1971.

  • The authorized share capital of Tamil Nadu State Transport Corporation (Madurai) Limited is ₹ 1,433.00 Cr and paid-up capital is ₹ 920.56 Cr.

  • Currently 11 directors are associated with Tamil Nadu State Transport Corporation (Madurai) Limited.

    • Kasilingam Ramesh Babu
    • Rajendran Lilly
    • Thirumalai Narasimhan Venkatesh
    • Premgopal Thottapalli Viswanathan
    • Arumugam Padma
    • Ponmudi Ramasamy
    • Susainayagam Josephdiaz
    • Venkatesan Venkatarajan
    • Dasarathan
    • Chandrasekaran Dinesh Kumar
    • Ramasamy Singaravelu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamil Nadu State Transport Corporation (Madurai) Limited is Bye Pass Road, India, Madurai, Tamil Nadu, 625010.

  • The corporate identification number (CIN) of Tamil Nadu State Transport Corporation (Madurai) Limited is U93090TN1971SGC006089 and the company number is 006089 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tamil Nadu State Transport Corporation (Madurai) Limited is https://www.tnstcmadurai.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tamil Nadu State Transport Corporation (Madurai) Limited has risen by 45.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamil Nadu State Transport Corporation (Madurai) Limited has experienced an downturn of -12.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tamil Nadu State Transport Corporation (Madurai) Limited amount to ₹ 458.79 Cr.

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