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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, 2 Months
- 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 two months. 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.
Susainayagam Josephdiaz, Ponmudi Ramasamy, Arumugam Padma, and Eight other members serve as directors at the Company.
Company Details
- Location Madurai, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramasamy Singaravelu | Managing Director | 09-Oct-2024 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Susainayagam Josephdiaz  | Director | 03-Jul-2023 | Current |
| Ponmudi Ramasamy | Director | 09-Oct-2024 | Current |
| Arumugam Padma | Director | Current | |
| Premgopal Viswanathan | Director | 14-Jul-2021 | Current |
| Thirumalai Venkatesh | Director | 15-Jun-2022 | Current |
| Rajendran Lilly | Director | 06-Aug-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Tamilnadu Tourism Development Corporation LimitedRajendran Lilly is a mutual person
Tamilnadu Zari LimitedPremgopal Viswanathan is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2009 | Others | ₹452.99 Cr | Open |
| 12 Sep 1996 | Tamilnadu Transport Development Finance Co Ltd | ₹5.00 Cr | Open |
| 30 May 1975 | Bank Of Madura L Td | ₹0.50 M | Open |
| 02 Nov 1971 | Indian Oserveas Bank | ₹7.50 M | Open |
| 19 Oct 2011 | Indian Overseas Bank | ₹6.00 Cr | Satisfied |
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.
Deals i
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
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.
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 4 months 23 days .
- Director Appointment
Dasarathan was appointed as a Director was appointed as a Director on 09 Oct 2024 & has been associated with this company since 4 months 23 days .
- 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 4 months 23 days .
- Charges
A charge registered on 08 Apr 2005 via Charge ID 80051197 with Indian Overseas Bank was fully satisfied on 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 6 months 26 days .
- 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 9 months 29 days .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Tamil Nadu State Transport Corporation (Madurai) Limited?
Tamil Nadu State Transport Corporation (Madurai) Limited was incorporated on 10 Dec 1971.
What is authorized share capital and paid-up capital of Tamil Nadu State Transport Corporation (Madurai) Limited?
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.
Who are the current board members & directors of Tamil Nadu State Transport Corporation (Madurai) Limited?
Currently 11 directors are associated with Tamil Nadu State Transport Corporation (Madurai) Limited.
- Susainayagam Josephdiaz
- Ponmudi Ramasamy
- Arumugam Padma
- Premgopal Thottapalli Viswanathan
- Thirumalai Narasimhan Venkatesh
- Rajendran Lilly
- Kasilingam Ramesh Babu
- Venkatesan Venkatarajan
- Dasarathan
- Chandrasekaran Dinesh Kumar
- Ramasamy Singaravelu
What is the registered address of Tamil Nadu State Transport Corporation (Madurai) Limited?
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.
What is the corporate identification number (CIN) and company number of Tamil Nadu State Transport Corporation (Madurai) Limited?
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).
What is the official website of Tamil Nadu State Transport Corporation (Madurai) Limited?
The Official website of Tamil Nadu State Transport Corporation (Madurai) Limited is https://www.tnstcmadurai.com
What has been the recent revenue trend for Tamil Nadu State Transport Corporation (Madurai) Limited?
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%.
What change has been observed in the net worth of Tamil Nadu State Transport Corporation (Madurai) Limited, and by what percentage?
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%.
What are the total open charges for Tamil Nadu State Transport Corporation (Madurai) Limited?
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.
When was the last Balance Sheet of Tamil Nadu State Transport Corporation (Madurai) Limited filed with the ROC?
The most recent Balance Sheet for Tamil Nadu State Transport Corporation (Madurai) Limited was filed with the ROC on 31 Mar 2023.
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