TSS India Ltd, a public limited company, was incorporated on 11 June 1985 in Howrah, West Bengal, India. With a history spanning 39 years, the company has evolved significantly since its inception. Here is a look at its foundation story.
In the early days, TSS India Ltd was focused on the machinery and equipment industry. However, over the years, the company's vision expanded to include real estate and renting business as well[2]. The founders aimed to build a robust and sustainable business that could cater to various market needs.
The company's initial vision was to provide quality products and services in the industrial sector. As it grew, it diversified its operations to ensure long-term stability and growth. This strategic move helped the company to stay relevant in the changing market landscape.
The early days were marked by hard work and dedication from the founding team. They laid the groundwork for what would become a successful and enduring business entity in India.
The founding team of TSS India Ltd includes key members who have played a crucial role in the company's growth. Vikash Agarwal, who serves as the Managing Director, has been with the company since 18 May 2006. Sonika Agarwal, the Chief Financial Officer (CFO), joined on 15 June 2019[1].
The Agarwal family has been instrumental in steering the company through various phases of its development. Their experience and leadership have been pivotal in navigating the company's expansion into different sectors.
Other key members include Sudesh Rani Agarwal, who is also a director at the company. The collective expertise and commitment of the founding team have contributed to TSS India Ltd's success over the years.
TSS India Ltd has undergone significant evolution since its inception. From its initial focus on machinery and equipment to its current involvement in real estate and renting, the company has adapted to market demands and expanded its operations.
Initially, TSS India Ltd was engaged in the machinery and equipment industry. Over time, the company recognized the potential in the real estate and renting sector and diversified its operations. This strategic shift allowed the company to tap into new revenue streams and expand its market presence[2].
Today, TSS India Ltd is actively involved in real estate and renting, providing a range of services that cater to different client needs. The company's ability to adapt and evolve has been a key factor in its long-term success.
The transition from one sector to another was not without its challenges. However, the company's leadership and vision helped navigate these changes smoothly, ensuring continued growth and stability.
TSS India Ltd has achieved several key milestones throughout its history. Here are some notable ones:
These milestones highlight the company's journey and its ability to adapt and grow over the years.
TSS India Ltd has expanded its product and service portfolio significantly. Here are some key areas:
This expansion has helped the company to cater to a broader client base and increase its market share.
While TSS India Ltd is not primarily a technology company, its operations do involve certain technological aspects. Here is an overview of its technology infrastructure:
TSS India Ltd's core operations do not heavily rely on complex technology platforms. However, the company uses basic IT infrastructure to manage its day-to-day activities. This includes software for accounting, inventory management, and communication.
The company's focus on real estate and renting means it uses technology to manage property listings, client communications, and financial transactions. These systems are essential for the smooth operation of its business.
TSS India Ltd adheres to the necessary security and compliance frameworks to ensure the integrity of its operations. This includes following regulatory guidelines set by the Ministry of Corporate Affairs and other relevant authorities.
The company ensures that all financial transactions and data handling are done securely and in compliance with the law. This is crucial for maintaining trust with clients and stakeholders[1][2].
The security framework also extends to physical properties, ensuring that all real estate and renting activities are conducted safely and securely.
While TSS India Ltd is not at the forefront of technological innovation, it has innovated within its industry by adapting to changing market needs. The company's decision to diversify into real estate and renting is a prime example of this innovation.
This strategic move has allowed the company to stay competitive and relevant in a dynamic market environment. By focusing on customer needs and market trends, TSS India Ltd has managed to innovate within its sector effectively.
The company's commitment to quality service and customer satisfaction has also driven innovation in its business practices, ensuring that it remains a trusted name in the industry.
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TSS India Ltd, despite its long history, has a significant impact on the market in various sectors. Here’s how it has made its mark.
TSS India Ltd has been in operation for 39 years, and over this period, it has managed to build a substantial user base. Here are some key points about its user base growth:
The company, initially focused on the machinery and equipment industry, has expanded its services to include real estate and renting[7]. This diversification has helped in attracting a broader range of customers.
In the real estate sector, TSS India Ltd has been active for nearly four decades, which has allowed it to establish a strong client base. The company's long-standing presence has built trust among its customers.
TSS India Ltd has managed to expand its market share through strategic business moves. Here’s how it has achieved this:
The company's involvement in multiple sectors, including machinery, equipment, and real estate, has helped it capture a larger market share. Its ability to adapt to different market conditions has been crucial in this expansion[2>.
In the machinery and equipment sector, TSS India Ltd offers a range of products such as industrial and engineering goods, metal ladders, PET granules, and nylon granules. This diverse product portfolio has helped the company to cater to a wide range of customers[1>.
While TSS India Ltd may not be primarily known for financial inclusion initiatives, its operations do contribute to the economic well-being of its stakeholders. Here are some aspects to consider:
The company’s active participation in various industries helps in generating employment and contributing to the GDP. This economic activity is a form of financial inclusion as it involves the distribution of wealth among its employees and stakeholders.
TSS India Ltd’s financial health, as indicated by its authorized and paid-up capital, shows that it is a stable entity that can support economic activities[1).
TSS India Ltd has had a long financial journey with its share of ups and downs. Here is an overview of its financial path.
The revenue growth of TSS India Ltd has been subject to various market conditions. Here are some key points:
In the financial year 2023, the company experienced a decline in revenue by 18.47%. This decline could be attributed to various market factors and economic conditions[1).
Despite the decline, the company has a history of generating revenue through its diverse business operations. Its presence in multiple sectors helps in stabilizing its revenue streams.
TSS India Ltd’s path to profitability has been challenging, especially in recent years. Here are some insights:
The company faced significant challenges in FY 2023, with a profit decline of 41.48% and an EBITDA decline of 250.82%. These figures indicate a tough financial period for the company[1).
However, the company’s long history and diversified operations suggest that it has the potential to recover and move towards profitability. Strategic management and market adaptation will be key in this journey.
TSS India Ltd, being a public limited company, has its financials and valuations publicly available. Here are some points to note:
The company has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹2.46 M as of November 2024[1).
The ownership structure includes a promoter holding of 60.16% and a public holding of 39.84% as of 2022. This indicates a significant stake held by the promoters, which can influence the company’s valuations and investment rounds[1).
TSS India Ltd has formed various strategic partnerships to enhance its operations and market reach. Here are some of its key partnerships.
While specific details on banking collaborations are not readily available, it is common for companies like TSS India Ltd to have relationships with financial institutions. Here are some possible collaborations:
Companies in the real estate and machinery sectors often collaborate with banks for financing and other financial services. These collaborations can help in securing loans, managing cash flows, and providing financial stability.
TSS India Ltd likely has partnerships with various merchants and suppliers to support its business operations. Here are some aspects of these partnerships:
In the machinery and equipment sector, the company would need to partner with suppliers to source raw materials and components. These partnerships are crucial for maintaining a steady supply chain and ensuring the quality of products[1).
In the real estate sector, partnerships with property developers, architects, and contractors are essential. These collaborations help in managing projects efficiently and delivering quality services to clients.
Technology alliances are important for companies to stay competitive and efficient. Here’s how TSS India Ltd might benefit from such alliances:
While there is no specific information on TSS India Ltd’s technology alliances, companies in similar sectors often partner with technology firms to improve their operational efficiency. This could include using software for project management, customer relationship management, and financial accounting.
Technology alliances can also help in innovating products and services, which is crucial for staying competitive in the market.
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