Tamilnadu Sugar Corporation Limited

State government undertaking involved in sugar production, sales, and consulting services for cooperative and public sector mills.

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

Tamilnadu Sugar Corporation Profile

Key Indicators

  • Authorised Capital ₹ 220.00 Cr
  • Paid Up Capital ₹ 218.24 Cr
  • Company Age 50 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 199.61 Cr
  • Satisfied Charges ₹ 38.82 Cr
  • Revenue Growth 14.75%
  • Profit Growth -5.97%
  • Ebitda 113.74%
  • Net Worth -1229.97%
  • Total Assets 1.77%

About Tamilnadu Sugar Corporation

Tamilnadu Sugar Corporation Limited (TSCL) is a leading Public Limited State Government Company incorporated in India on 17 October 1974 and has a history of 50 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Agriculture 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 220.00 Cr and a paid-up capital of Rs 218.24 Cr.

The company currently has active open charges totaling ₹199.61 Cr. The company has closed loans amounting to ₹38.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tamilnadu Sugar Corporation Limited India is Chinniah Arumugam as CFO. Murugesh Balakrishnan, Thangavelu Chandhirasekkar, Deepak Jacob, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tasco.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15421TN1974SGC006753

  • Company No.

    006753

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    17 Oct 1974

  • Date of AGM

    28 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Agriculture
Energy and Power

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

Executive Team (2)

NameDesignationAppointment DateStatus
Anbalagan Country flag representing In Managing Director22-Aug-2024Current
Chinniah Arumugam CFO30-Aug-2022Current

Board Members (9)

NameDesignationAppointment DateStatus
Murugesh Balakrishnan Country flag representing In Director 13-Feb-2024Current
Thangavelu Chandhirasekkar Country flag representing In Director 21-Apr-2021Current
Deepak Jacob Country flag representing In Additional Director 10-Aug-2023Current
Kavitha Ramu Country flag representing In Director 13-Sep-2021Current
Rengasamy Thulasiram Country flag representing In Director 23-Jun-2022Current
Pazhanivelan Sellaperumal Country flag representing In Director 25-Jun-2022Current

Financial Performance of Tamilnadu Sugar Corporation.

Tamilnadu Sugar Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.75% increase. The company also saw a slight decrease in profitability, with a 5.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1229.97%.

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
14.75%
Revenue from Operations
13.48%
Total Assets
1.77%
Profit or Loss
-5.97%
Net Worth
-1229.97%
EBITDA
113.74%

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

In 2022, Tamilnadu Sugar Corporation had a promoter holding of 99.54% and a public holding of 0.46%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹199.61 Cr

Satisfied Charges

₹38.82 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 123.86 Cr
  • Others : 69.72 Cr
  • Industrial Finance Corporation Of India : 3.95 Cr
  • Industrial Development Bank Of India : 2.08 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2024Indian Overseas Bank₹76.81 CrOpen
26 Jul 2021Others₹1.87 CrOpen
28 May 2019Others₹63.13 CrOpen
28 May 2019Others₹4.72 CrOpen
18 Jul 1996Indian Overseas Bank₹5.00 CrOpen

How Many Employees Work at Tamilnadu Sugar Corporation?

Tamilnadu Sugar Corporation has a workforce of 5 employees as of Apr 09, 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 Sugar 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 Sugar 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 Sugar Corporation

Recent activity within the organization

  • Director Appointment

    Anbalagan was appointed as a Managing Director was appointed as a Managing Director on 22 Aug 2024 & has been associated with this company since 6 months 1 day .

    22 Aug 2024

  • Director Appointment

    Ramasamy Kaliyaperumal Vinothan was appointed as a Director was appointed as a Director on 03 Jun 2024 & has been associated with this company since 8 months 19 days .

    03 Jun 2024

  • Director Appointment

    Arumugham Ravichandran was appointed as a Director was appointed as a Director on 27 Mar 2024 & has been associated with this company since 10 months 26 days .

    27 Mar 2024

  • Director Appointment

    Murugesh Balakrishnan was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 1 year 8 days .

    13 Feb 2024

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 76.81 Cr with Charge ID 100871145 was registered on 11 Jan 2024.

    11 Jan 2024

  • Annual General Meeting

    Tamilnadu Sugar Corporation Limited last Annual general meeting of members was held on 28 Dec 2023 as per latest MCA records.

    28 Dec 2023

Frequently asked questions

  • Tamilnadu Sugar Corporation Limited was incorporated on 17 Oct 1974.

  • The authorized share capital of Tamilnadu Sugar Corporation Limited is ₹ 220.00 Cr and paid-up capital is ₹ 218.24 Cr.

  • Currently 11 directors are associated with Tamilnadu Sugar Corporation Limited.

    • Murugesh Balakrishnan
    • Thangavelu Chandhirasekkar
    • Deepak Jacob
    • Kavitha Ramu
    • Rengasamy Thulasiram
    • Pazhanivelan Sellaperumal
    • Ramanidevi
    • Anbalagan
    • Arumugham Ravichandran
    • Ramasamy Kaliyaperumal Vinothan
    • Chinniah Arumugam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Sugar Corporation Limited is Aavin Illam 3A, Pasumpon Muthuramalinganar Salai Nandanam India, Chennai, Tamil Nadu, 600035.

  • The corporate identification number (CIN) of Tamilnadu Sugar Corporation Limited is U15421TN1974SGC006753 and the company number is 006753 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tamilnadu Sugar Corporation Limited is https://www.tasco.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Tamilnadu Sugar Corporation Limited has risen by 14.75%.

  • As Per 2022 financial reports, 5 employees are currently employed by Tamilnadu Sugar Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Tamilnadu Sugar Corporation Limited has experienced an downturn of -1229.97%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Tamilnadu Sugar Corporation Limited amount to ₹ 199.61 Cr.

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

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