Tamilnadu State Transport Corporation Salem Limited

Tamilnadu State Transport Corporation Salem Limited

Provides transportation services through deluxe, air-conditioned, and Volvo buses in four districts of Tamil Nadu.
1973 | Salem, Tamil Nadu (India) | Active

Last Updated:

October 23, 2024
HomeCompanyTamilnadu State Transport Corporation Salem Limited

Who are the key members and board of directors at Tamilnadu State Transport Corporation Salem?

Executive Team (1)

NameDesignationAppointment DateStatus
Elangovan Kuppusamy InManaging Director30-Aug-2024Current

Board Members(10)

NameDesignationAppointment DateStatus
Chakravarthin Balaji In Director 30-Aug-2024Current
Rajendran Lilly In Director 29-Jul-2024Current
Priya Venugopal In Director 13-Sep-2023Current
Ponmudi Ramasamy In Director 14-Jun-2022Current
Susainayagam Josephdiaz In Director 03-Nov-2021Current
Venkatesan Venkatarajan In Director 29-Mar-2021Current

Financial Performance and Corporate Structure Insights of Tamilnadu State Transport Corporation Salem.

Tamilnadu State Transport Corporation Salem Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.53% increase. The company also saw a slight decrease in profitability, with a 7.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.44%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
47.53%
Revenue from Operations
45.33%
Total Assets
4.78%
Profit or Loss
-7.62%
Net Worth
-13.44%
EBITDA
-9.74%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹1,731.11 Cr

₹115.71 Cr

LenderAmountStatus

Others

Creation Date: 12 Jan 2011
₹1,731.11 CrOpen

Canara Bank

Creation Date: 22 Jan 2018
₹12.00 CrSatisfied

Indian Overseas Bank

Creation Date: 03 Mar 2011
₹19.00 CrSatisfied

How Many Employees Work at Tamilnadu State Transport Corporation Salem?

Unlock and access historical data on people associated with Tamilnadu State Transport Corporation Salem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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Latest Updates, News, and FAQs on Tamilnadu State Transport Corporation Salem

Recent activity within the organization

  • Annual General Meeting

    Tamilnadu State Transport Corporation Salem Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Director Appointment

    Chakravarthin Rajagopala Balaji was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 3 months 20 days .

    30 Aug 2024

  • Director Appointment

    Elangovan Kuppusamy was appointed as a Managing Director was appointed as a Managing Director on 30 Aug 2024 & has been associated with this company since 3 months 20 days .

    30 Aug 2024

  • Director Appointment

    Chitrarasu Sasikumar was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 3 months 20 days .

    30 Aug 2024

  • Director Appointment

    Kaliyaperumal Gunasekaran was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 3 months 20 days .

    30 Aug 2024

  • Director Appointment

    Ramasamy Singaravelu was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 3 months 20 days .

    30 Aug 2024

Frequently asked questions

  • Tamilnadu State Transport Corporation Salem Limited was incorporated on 23 Jan 1973.

  • The authorized share capital of Tamilnadu State Transport Corporation Salem Limited is ₹ 750.00 Cr and paid-up capital is ₹ 629.21 Cr.

  • Currently 11 directors are associated with Tamilnadu State Transport Corporation Salem Limited.

    • Chakravarthin Rajagopala Balaji
    • Rajendran Lilly
    • Priya Venugopal
    • Ponmudi Ramasamy
    • Susainayagam Josephdiaz
    • Elangovan Kuppusamy
    • Venkatesan Venkatarajan
    • Amudhan Valavan
    • Chitrarasu Sasikumar
    • Kaliyaperumal Gunasekaran
    • Ramasamy Singaravelu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu State Transport Corporation Salem Limited is No 12Ramakrishna Road Salem India, Tamil Nadu, 636007.

  • The corporate identification number (CIN) of Tamilnadu State Transport Corporation Salem Limited is U60210TZ1973SGC000656 and the company number is 000656 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tamilnadu State Transport Corporation Salem Limited is https://www.salem.tn.nic.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu State Transport Corporation Salem Limited has risen by 47.53%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu State Transport Corporation Salem Limited has experienced an downturn of -13.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tamilnadu State Transport Corporation Salem Limited amount to ₹ 1,731.11 Cr.

  • The most recent Balance Sheet for Tamilnadu State Transport Corporation Salem Limited was filed with the ROC on 31 Mar 2024.