Tamilnadu Salt Corporation Limited

Manufacturer and supplier of various types of iodized salt, cultivated on a large scale.

1974 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Tamilnadu Salt Corporation Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.34 Cr
  • Company Age 50 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 2.74 Cr
  • Revenue Growth 110.35%
  • Profit Growth 200.70%
  • Ebitda 411.15%
  • Net Worth -12.10%
  • Total Assets 11.27%

About Tamilnadu Salt Corporation

Tamilnadu Salt Corporation Limited (TSCL) is a leading Public Limited State Government Company incorporated in India on 22 July 1974 and has a history of 50 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Food And Beverages 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 12.00 Cr and a paid-up capital of Rs 11.34 Cr.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹2.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tamilnadu Salt Corporation Limited India is Dayanandan Pattabiram as COMPANY SECRETARY. Arun Vijayakrishnan, Namadev Maheswaran, Chakarapani Raghu, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tnsalt.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14220TN1974SGC006668

  • Company No.

    006668

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    22 Jul 1974

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages

What products or services does Tamilnadu Salt Corporation Limited offer?

Tamilnadu Salt Corporation Limited offers a wide range of products and services, including Cooking Spices and Masala, Edible Salt.

Who are the key members and board of directors at Tamilnadu Salt Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Namadev Maheswaran Country flag representing In Managing Director09-Aug-2024Current
Dayanandan Pattabiram Country flag representing In Company Secretary23-Mar-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Arun Vijayakrishnan Country flag representing In Nominee Director 09-Aug-2024Current
Chakarapani Raghu Country flag representing In Director 29-Mar-2023Current
Velappan Amuthavalli Country flag representing In Director 14-Jul-2023Current
Sundaram Sivaprakash Country flag representing In Nominee Director 18-Jan-2024Current

Financial Performance of Tamilnadu Salt Corporation.

Tamilnadu Salt Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 110.35% increase. The company also saw a substantial improvement in profitability, with a 200.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.1%.

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
110.35%
Revenue from Operations
107.72%
Total Assets
11.27%
Profit or Loss
200.70%
Net Worth
-12.10%
EBITDA
411.15%

What is the Ownership and Shareholding Structure of Tamilnadu Salt Corporation?

In 2022, Tamilnadu Salt Corporation had a promoter holding of 55.91% and a public holding of 44.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹2.74 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2018Canara Bank₹3.00 CrOpen
11 Jul 2016Indian Bank₹2.74 CrSatisfied

How Many Employees Work at Tamilnadu Salt Corporation?

Tamilnadu Salt Corporation has a workforce of 867 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Salt Corporation, 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 Tamilnadu Salt Corporation'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 Tamilnadu Salt Corporation

Recent activity within the organization

  • Director Appointment

    Arun Roy Vijayakrishnan was appointed as a Nominee Director was appointed as a Nominee Director on 09 Aug 2024 & has been associated with this company since 6 months 15 days .

    09 Aug 2024

  • Director Appointment

    Namadev Maheswaran was appointed as a Managing Director was appointed as a Managing Director on 09 Aug 2024 & has been associated with this company since 6 months 15 days .

    09 Aug 2024

  • Director Appointment

    Sundaram Sivaprakash was appointed as a Nominee Director was appointed as a Nominee Director on 18 Jan 2024 & has been associated with this company since 1 year 1 month .

    18 Jan 2024

  • Annual General Meeting

    Tamilnadu Salt Corporation Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Tamilnadu Salt Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Chakarapani Raghu was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 1 year 10 months .

    29 Mar 2023

Frequently asked questions

  • Tamilnadu Salt Corporation Limited was incorporated on 22 Jul 1974.

  • The authorized share capital of Tamilnadu Salt Corporation Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.34 Cr.

  • Currently 6 directors are associated with Tamilnadu Salt Corporation Limited.

    • Arun Roy Vijayakrishnan
    • Namadev Maheswaran
    • Chakarapani Raghu
    • Dayanandan Thulasingam Pattabiram
    • Velappan Amuthavalli
    • Sundaram Sivaprakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Salt Corporation Limited is 4Th Floor L.L.A. Bldg. 735 Anna Salai P.B.No.2708, India, Madras, Tamil Nadu, 600002.

  • The corporate identification number (CIN) of Tamilnadu Salt Corporation Limited is U14220TN1974SGC006668 and the company number is 006668 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tamilnadu Salt Corporation Limited is https://www.tnsalt.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu Salt Corporation Limited has risen by 110.35%.

  • As Per 2023 financial reports, 867 employees are currently employed by Tamilnadu Salt Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu Salt Corporation Limited has experienced an downturn of -12.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tamilnadu Salt Corporation Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Tamilnadu Salt Corporation Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Flavouring & Seasoning Additives