All politicians
S.Balu
Dravida Munnetra Kazhagam
Kumarapalayam
Declared net worth
₹53.52 Cr
Since last election
No prior
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version
Wealth & income over time
₹53.52 Cr
| Election | Constituency | Result | Assets | Liabilities | Net worth | Income |
|---|---|---|---|---|---|---|
| Tamil Nadu Vidhan Sabha Assembly GEN-BYE-Election-MAR-MAY-2026 | Kumarapalayam | lost | ₹61.70 Cr | ₹8.18 Cr | ₹53.52 Cr | ₹10.96 Cr |
Latest affidavit
Total assets
₹61.70 Cr
Total liabilities
₹8.18 Cr
Net worth
₹53.52 Cr
Declared header differs from computed itemized sum.
Education
- 10th Pass, 10th standard from Government High School, Pallipalayam in 1978
self, S.Balu
Agriculturalist & Business
Movable assets
- Cash Cash ₹10.50 L
- Deposits in Banks, FIs and NBFCs State Bank of India, Pallipalayam Branch ₹9.60 L
- Deposits in Banks, FIs and NBFCs HDFC Bank, Erode Catcheri Road Branch ₹21,040.00
- Deposits in Banks, FIs and NBFCs YES Bank, Mettur Road Branch, Erode ₹64,000.00
- Deposits in Banks, FIs and NBFCs Axis Bank Ltd, Pallipalayam Branch ₹33,865.00
- Deposits in Banks, FIs and NBFCs State Bank of India, Commercial Branch, Erode, FD ₹1.50 L
- Deposits in Banks, FIs and NBFCs HDFC Bank, Erode Catcheri Road Branch, Sweep Deposit ₹31,000.00
- Deposits in Banks, FIs and NBFCs Indian Bank, Pallipalayam Branch ₹90,000.00
- Bonds, Debentures and Shares M/s Rajaguru Spinning Mills Pvt Ltd -713800 equity sharers ₹7.14 Cr
- Bonds, Debentures and Shares Sri Sivaguru Spintex Pvt Ltd470 equity sharers ₹47,000.00
- LIC / Insurance Policies Life Insurance Corporation of India ₹2.00 Cr
- LIC / Insurance Policies Life Insurance Corporation of India ₹10.00 L
- Personal Loans / Advances Given Loans & Advance to M/s. Sri Sivaguru Spintex Pvt Ltd ₹11.36 Cr
- Personal Loans / Advances Given Amount due from M/s. Rajaguru Spinning Mills Pvt ₹1.02 Cr
- Motor Vehicles TVS Scooty, TN 34 A 1302 ₹7,000.00
- Motor Vehicles Mahendra Scorpio, TN 34 D 1884 ₹1.50 L
- Motor Vehicles Eicher Cantor, TN 33 L 4527 ₹50,000.00
- Jewellery, Bullion, etc. Gold,360 gms ₹76.58 L
Immovable assets
- Agricultural Land Namakkal District, Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No. 194 & 195/5 ₹25.00 L
- Agricultural Land Total Area ₹41.60 L
- Agricultural Land Built Up Area ₹33.30 L
- Agricultural Land Whether Inherited ₹90.00 L
- Agricultural Land Purchase Date ₹34.00 L
- Agricultural Land Purchase Cost ₹57.00 L
- Agricultural Land Development Cost ₹9.50 L
- Agricultural Land Namakkal District, Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No. 231/1, S.F.No. 232/6, 231/3 & 216/1 ₹43.50 L
- Agricultural Land Total Area ₹55.00 L
- Agricultural Land Built Up Area ₹45.00 L
- Agricultural Land Whether Inherited ₹12.00 L
- Agricultural Land Purchase Date ₹1.78 Cr
- Agricultural Land Purchase Cost ₹29.00 L
- Agricultural Land Development Cost ₹2.23 Cr
- Agricultural Land Namakkal District, Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No. 226/2 ₹45.00 L
- Agricultural Land Total Area ₹20.00 L
- Agricultural Land Built Up Area ₹1.80 Cr
- Agricultural Land Whether Inherited ₹2.63 Cr
- Agricultural Land Purchase Date ₹1.72 Cr
- Agricultural Land Purchase Cost ₹28.00 L
- Agricultural Land Development Cost ₹60.00 L
- Agricultural Land Namakkal District, Kumarapalayam Taluk, Kaliyanur Amani Village, S.F.No. 22/1C ₹45.00 L
- Agricultural Land Namakkal District, Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No. 232/1 ₹17.00 L
- Agricultural Land Total Area ₹11.00 L
- Agricultural Land Built Up Area ₹15.00 L
- Agricultural Land Whether Inherited ₹19.00 L
- Commercial Buildings Namakkal District, Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No. 232/1 ₹35.00 L
- Commercial Buildings Total Area ₹50.00 L
- Commercial Buildings Built Up Area ₹1.09 Cr
- Residential Buildings Namakkal District. Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No. 231/1, S.F.No. 232/6, 231/3 & 216/1 ₹1.50 Cr
Liabilities
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Insurance Corporation of India ₹36.00 L
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Insurance Corporation of India ₹3.50 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Mrs.Kavitha ₹1.20 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Mr.B.Sivakumar ₹4.17 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Mr.B.Vinothkumar ₹2.37 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Mr.B.Kalyani ₹1.12 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Mr.Asaithambi ₹1.20 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Mrs.V.Mehala ₹9.00 L
Income (ITR)
- 2024-25 ₹2.23 Cr
- 2023-24 ₹2.91 Cr
- 2022-23 ₹2.45 Cr
- 2021-22 ₹1.30 Cr
- 2020-21 ₹1.36 Cr
spouse
Agriculturalist & Business
Movable assets
- Cash Cash ₹12.00 L
- Deposits in Banks, FIs and NBFCs State Bank of India Pallipalayam Branch ₹1.91 L
- Deposits in Banks, FIs and NBFCs HDFC Bank, Erode Catcheri Road Branch ₹5.40 L
- Deposits in Banks, FIs and NBFCs YES Bank, Mettur Road Branch, Erode ₹14,000.00
- Deposits in Banks, FIs and NBFCs Indian Bank, Pallipalayam Branch, ₹90,000.00
- Bonds, Debentures and Shares M/s Rajaguru Spinning Mills Pvt Ltd - 357990 equity sharers ₹2.73 Cr
- Bonds, Debentures and Shares M/s. Sri Sivaguru Spintex Pvt Ltd - 470 equity sharers ₹47,000.00
- Bonds, Debentures and Shares M/s. South India Spinning Mills Pvt Ltd -55,555 equity share ₹25.00 L
- Bonds, Debentures and Shares Religare Securities ₹1,000.00
- Bonds, Debentures and Shares Charitable Foundation, 20 equity shares ₹2,000.00
- Personal Loans / Advances Given Advance to S.Balu ₹1.12 Cr
- Personal Loans / Advances Given Loans & Advance to M/s. Sri Sivaguru Spintex Pvt Ltd ₹60.82 L
- Personal Loans / Advances Given Loans & Advance to M/s. Rajaguru Spinning Mills Pvt Ltd ₹89,000.00
- Personal Loans / Advances Given Rent Recivables from M/s Sona Fabrics ₹4.05 L
- Jewellery, Bullion, etc. Gold, 1998 gms ₹4.25 Cr
Immovable assets
- Agricultural Land Namakkal District, Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No.123/1 ₹98.00 L
- Agricultural Land Namakkal District. Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No.171/2C1 ₹9.00 L
- Commercial Buildings Namakkal District. Kumarapalayam Taluk, Pallipalayam Agraharam Village, S.F.No. 182/1N ₹50.00 L
- Commercial Buildings Total Area ₹1.98 Cr
- Commercial Buildings Built Up Area ₹17.00 L
- Commercial Buildings Whether Inherited ₹8.00 L
- Commercial Buildings Purchase Date ₹5.00 Cr
- Commercial Buildings Purchase Cost ₹9.00 L
Liabilities
- Any Other Dues Whether any other liabilities are in dispute, if so, mention the amount involved and the authority before which it is pending to Income tax department demand with interest ₹1.22 L
Income (ITR)
- 2024-25 ₹14.63 L
- 2023-24 ₹20.80 L
- 2022-23 ₹11.25 L
- 2021-22 ₹11.32 L
- 2020-21 ₹13.27 L
Criminal cases (3)
-
pending 147, 380, 34
-
pending, Section 82(d) of Registration Act. 1908, (Charge Not Yet Framed Discharge Petition Pending) 120B, 420, 423, 465, 467, 468, 471
-
pending, Still in FIR stage 191(2), 329(3), 324(4), 296B, 351(2)
Elections contested
| Election | Constituency | Party | Result | Votes | Share |
|---|---|---|---|---|---|
| Tamil Nadu Vidhan Sabha Assembly GEN-BYE-Election-MAR-MAY-2026 | Kumarapalayam | Dravida Munnetra Kazhagam | lost | 39,993 | 19.54% |
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Compiled from public disclosures by the Election Commission of India and MyNeta.