Tamil Nadu State Transport Corporation (Tirunelveli) Limited

Public transport bus operator in Tamil Nadu, with long-distance services.

2010 | Tirunelveli, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Tamil Nadu State Transport Corporation (Tirunelveli) Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 971.03 Cr
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,123.19 Cr
  • Satisfied Charges ₹ 34.50 Cr
  • Revenue Growth 40.64%
  • Profit Growth 16.01%
  • Ebitda 6.59%
  • Net Worth -12.16%
  • Total Assets 63.04%

About Tamil Nadu State Transport Corporation (Tirunelveli)

Tamil Nadu State Transport Corporation (Tirunelveli) Limited (TNSTCTL) is a leading Public Limited State Government Company incorporated in India on 21 October 2010 and has a history of 14 years and three months. Its registered office is in Tirunelveli, Tamil Nadu, India.

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 971.03 Cr.

The company currently has active open charges totaling ₹1,123.19 Cr. The company has closed loans amounting to ₹34.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Indarmull Rajesh, Elangovan Kuppusamy, Venkatesan Venkatarajan, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Tirunelveli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U60230TN2010SGC077779

  • Company No.

    077779

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    21 Oct 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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 (Tirunelveli)?

Executive Team (1)

NameDesignationAppointment DateStatus
Dasarathan Managing Director21-Aug-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Indarmull Rajesh Country flag representing In Director Current
Elangovan Kuppusamy Country flag representing In Director 17-Feb-2024Current
Venkatesan Venkatarajan Country flag representing In Director 29-Mar-2021Current
Anusha Sreenivasan Country flag representing In Director Current
Kaliyaperumal Gunasekaran Director 31-Aug-2024Current
Ramasamy Singaravelu Director 31-Aug-2024Current

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

Tamil Nadu State Transport Corporation (Tirunelveli) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.64% increase. The company also saw a substantial improvement in profitability, with a 16.01% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.16%.

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
40.64%
Revenue from Operations
38.85%
Total Assets
63.04%
Profit or Loss
16.01%
Net Worth
-12.16%
EBITDA
6.59%

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

In 2023, Tamil Nadu State Transport Corporation (Tirunelveli) 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

₹1,123.19 Cr

Satisfied Charges

₹34.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 1123.19 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2014Others₹1,123.19 CrOpen
30 Apr 2013Central Bank Of India₹5.00 CrSatisfied
08 Jul 2011Indian Overseas Bank₹29.50 CrSatisfied

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

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

Recent activity within the organization

  • Charges

    A charge registered on 08 Jul 2011 via Charge ID 10355653 with Indian Overseas Bank was fully satisfied on 03 Oct 2024.

    03 Oct 2024

  • Annual General Meeting

    Tamil Nadu State Transport Corporation (Tirunelveli) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Kaliyaperumal Gunasekaran was appointed as a Director was appointed as a Director on 31 Aug 2024 & has been associated with this company since 5 months 1 day .

    31 Aug 2024

  • Director Appointment

    Ramasamy Singaravelu was appointed as a Director was appointed as a Director on 31 Aug 2024 & has been associated with this company since 5 months 1 day .

    31 Aug 2024

  • Director Appointment

    Dasarathan was appointed as a Managing Director was appointed as a Managing Director on 21 Aug 2024 & has been associated with this company since 5 months 11 days .

    21 Aug 2024

  • Director Appointment

    Premgopal Thottapalli Viswanathan was appointed as a Director was appointed as a Director on 21 Aug 2024 & has been associated with this company since 5 months 11 days .

    21 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Tamil Nadu State Transport Corporation (Tirunelveli) Limited was incorporated on 21 Oct 2010.

  • The authorized share capital of Tamil Nadu State Transport Corporation (Tirunelveli) Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 971.03 Cr.

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

    • Indarmull Rajesh
    • Elangovan Kuppusamy
    • Venkatesan Venkatarajan
    • Dasarathan
    • Anusha Sreenivasan
    • Kaliyaperumal Gunasekaran
    • Ramasamy Singaravelu
    • Susainayagam Josephdiaz
    • Ponmudi Ramasamy
    • Premgopal Thottapalli Viswanathan
    • Rajendran Lilly
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamil Nadu State Transport Corporation (Tirunelveli) Limited is No 23/2, Thoothukudi Road Kattabomman Nagar India, V M Chatram, Tamil Nadu, 627011.

  • The corporate identification number (CIN) of Tamil Nadu State Transport Corporation (Tirunelveli) Limited is U60230TN2010SGC077779 and the company number is 077779 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tamil Nadu State Transport Corporation (Tirunelveli) 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 (Tirunelveli) Limited has risen by 40.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamil Nadu State Transport Corporation (Tirunelveli) Limited has experienced an downturn of -12.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tamil Nadu State Transport Corporation (Tirunelveli) Limited amount to ₹ 1,123.19 Cr.

  • The most recent Balance Sheet for Tamil Nadu State Transport Corporation (Tirunelveli) Limited was filed with the ROC on 31 Mar 2024.