Karnataka State Forest Industries Corporation Limited

Manufactures and trades wood products, offers interior design, homestay booking, and training services.

1973 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Karnataka State Forest Industries Corporation Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.67 Cr
  • Company Age 51 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 M
  • Revenue Growth 13.47%
  • Profit Growth 12.37%
  • Ebitda 575.98%
  • Net Worth 7.57%
  • Total Assets 6.10%

About Karnataka State Forest Industries Corporation

Karnataka State Forest Industries Corporation Limited (KSFICL) was founded in India on 21 March 1973 and has a glorious history of 51 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 2.67 Cr.

The company currently has active open charges totaling ₹2.50 M.

Prabhash Ray, Vanashree Singh, Gopalkrishna Belur, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02005KA1973SGC002314

  • Company No.

    002314

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    21 Mar 1973

  • Date of AGM

    29 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Karnataka State Forest Industries Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Sundramoorthy Venkatesan Managing Director06-Nov-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Prabhash Ray Country flag representing In Nominee Director 09-Feb-2024Current
Vanashree Singh Country flag representing In Nominee Director 01-Jan-2023Current
Gopalkrishna Belur Nominee Director 26-Jan-2024Current
Brijesh Dikshit Country flag representing In Nominee Director 03-Oct-2023Current
Vatsala Chitrapura Country flag representing In Nominee Director 22-Sep-2020Current

Financial Performance of Karnataka State Forest Industries Corporation.

Karnataka State Forest Industries Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.47% increase. The company also saw a substantial improvement in profitability, with a 12.37% increase in profit. The company's net worth moved up by a moderate rise of 7.57%.

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
13.47%
Revenue from Operations
13.63%
Total Assets
6.10%
Profit or Loss
12.37%
Net Worth
7.57%
EBITDA
575.98%

What is the Ownership and Shareholding Structure of Karnataka State Forest Industries Corporation?

In 2023, Karnataka State Forest Industries Corporation had a promoter holding of 100.00%. 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

₹0.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 1994Canara Bank₹2.50 MOpen

How Many Employees Work at Karnataka State Forest Industries Corporation?

Karnataka State Forest Industries Corporation has a workforce of 30 employees as of Oct 24, 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 Karnataka State Forest Industries 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 Karnataka State Forest Industries 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 Karnataka State Forest Industries Corporation

Recent activity within the organization

  • Director Appointment

    Sundramoorthy Venkatesan was appointed as a Managing Director was appointed as a Managing Director on 06 Nov 2024 & has been associated with this company since 2 months 26 days .

    06 Nov 2024

  • Director Appointment

    Prabhash Chandra Ray was appointed as a Nominee Director was appointed as a Nominee Director on 09 Feb 2024 & has been associated with this company since 11 months 22 days .

    09 Feb 2024

  • Director Appointment

    Gopalkrishna Belur was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jan 2024 & has been associated with this company since 1 year 5 days .

    26 Jan 2024

  • Annual General Meeting

    Karnataka State Forest Industries Corporation Limited last Annual general meeting of members was held on 29 Nov 2023 as per latest MCA records.

    29 Nov 2023

  • Director Appointment

    Brijesh Kumar Dikshit was appointed as a Nominee Director was appointed as a Nominee Director on 03 Oct 2023 & has been associated with this company since 1 year 4 months .

    03 Oct 2023

  • Balance Sheet

    Karnataka State Forest Industries Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Karnataka State Forest Industries Corporation Limited was incorporated on 21 Mar 1973.

  • The authorized share capital of Karnataka State Forest Industries Corporation Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.67 Cr.

  • Currently 6 directors are associated with Karnataka State Forest Industries Corporation Limited.

    • Prabhash Chandra Ray
    • Vanashree Vipin Singh
    • Gopalkrishna Belur
    • Sundramoorthy Venkatesan
    • Brijesh Kumar Dikshit
    • Vatsala Kumari Chitrapura
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Forest Industries Corporation Limited is Vanavikas 3Rd Floor 18Thcross Malleswaram, India, Bangalore, Karnataka, 560003.

  • The corporate identification number (CIN) of Karnataka State Forest Industries Corporation Limited is U02005KA1973SGC002314 and the company number is 002314 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka State Forest Industries Corporation Limited is https://www.ksfic.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka State Forest Industries Corporation Limited has risen by 13.47%.

  • As Per 2023 financial reports, 30 employees are currently employed by Karnataka State Forest Industries Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka State Forest Industries Corporation Limited has experienced an upsurge of 7.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karnataka State Forest Industries Corporation Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Karnataka State Forest Industries Corporation Limited was filed with the ROC on 31 Mar 2023.

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