Odisha Forest Development Corporation Limited

Company markets and trades timber, bamboo, honey, pickle, cashew, spices, and other natural products.

1962 | Bhubaneswar, Orissa (India) | Active
Last Updated:

Odisha Forest Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 62 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 186.56 Cr
  • Satisfied Charges ₹ 27.00 Cr
  • Revenue Growth 70.11%
  • Profit Growth 8.75%
  • Ebitda -17.03%
  • Net Worth 54.08%
  • Total Assets 5.96%

About Odisha Forest Development Corporation

Odisha Forest Development Corporation Limited (OFDCL) was founded in India on 28 September 1962 and has a glorious history of 62 years and five months. Its registered office is in Bhubaneswar, Orissa, India.

The Corporate was formerly known as Orissa Forest Development Corporation Limited. 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 25.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹186.56 Cr. The company has closed loans amounting to ₹27.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Odisha Forest Development Corporation Limited India is Astika Panda as COMPANY SECRETARY. Umakanta Panda, Saveeta Mohanty, Satya Sahu, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Bhubaneswar, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    odishafdc.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02005OR1962SGC000446

  • Company No.

    000446

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    28 Sep 1962

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Agriculture
Infrastructure and Utilities

Who are the key members and board of directors at Odisha Forest Development Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Suresh Pant Country flag representing In Managing Director20-Sep-2021Current
Astika Panda Country flag representing In Company Secretary21-Jun-2010Current

Board Members (11)

NameDesignationAppointment DateStatus
Umakanta Panda Country flag representing In Director 23-Jul-2021Current
Saveeta Mohanty Country flag representing In Director 23-Jul-2021Current
Satya Sahu Country flag representing In Nominee Director Current
Debi Biswal Country flag representing In Nominee Director Current
Elyanger Aier Country flag representing In Director 23-Jul-2021Current
Satyabrata Rout Country flag representing In Nominee Director Current

Financial Performance of Odisha Forest Development Corporation.

Odisha Forest Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.11% increase. The company also saw a slight improvement in profitability, with a 8.75% increase in profit. The company's net worth Soared by an impressive increase of 54.08%.

Odisha Forest Development Corporation revenue growth over time
Odisha Forest Development Corporation 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
70.11%
Revenue from Operations
76.30%
Total Assets
5.96%
Profit or Loss
8.75%
Net Worth
54.08%
EBITDA
-17.03%

What is the Ownership and Shareholding Structure of Odisha Forest Development Corporation?

In 2023, Odisha Forest Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹186.56 Cr

Satisfied Charges

₹27.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 100.00 Cr
  • Indian Bank : 25.00 Cr
  • Dena Bank : 10.00 Cr
  • Bank Of India : 10.00 Cr
  • The Andhra Bank Ltd : 7.00 Cr
  • Others : 34.56 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2021Others₹100.00 CrOpen
23 May 2013Indian Bank₹10.00 CrOpen
22 Apr 2010Indian Bank₹10.00 CrOpen
03 May 2008Indian Bank₹5.00 CrOpen
25 May 2005Uco Bank₹5.00 CrOpen

How Many Employees Work at Odisha Forest Development Corporation?

Odisha Forest Development Corporation has a workforce of 84 employees as of Oct 13, 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.

Employee growth trends for Odisha Forest Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Odisha Forest Development 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 Odisha Forest Development 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 Odisha Forest Development Corporation

Recent activity within the organization

  • Director Appointment

    Piyusa Kanta Pani was appointed as a Director was appointed as a Director on 24 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Annual General Meeting

    Odisha Forest Development Corporation Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Odisha Forest Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Director Appointment

    Saveeta Mohanty was appointed as a Director was appointed as a Director on 23 Jul 2021 & has been associated with this company since 3 years 7 months .

  • Director Appointment

    Umakanta Panda was appointed as a Director was appointed as a Director on 23 Jul 2021 & has been associated with this company since 3 years 7 months .

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100448631 was registered on 29 Apr 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Odisha Forest Development Corporation Limited?

    Odisha Forest Development Corporation Limited was incorporated on 28 Sep 1962.

  • What is authorized share capital and paid-up capital of Odisha Forest Development Corporation Limited?

    The authorized share capital of Odisha Forest Development Corporation Limited is ₹ 25.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Odisha Forest Development Corporation Limited?

    Currently 13 directors are associated with Odisha Forest Development Corporation Limited.

    • Umakanta Panda
    • Saveeta Mohanty
    • Satya Brata Sahu
    • Debi Dutta Biswal
    • Elyanger Aier
    • Satyabrata Rout
    • Yudhisthir Nayak
    • Somanath Kundu
    • Suresh Pant
    • Pradosh Chandra Mohanty
    • Umakanta Tripathy
    • Piyusa Kanta Pani
    • Astika Kumar Panda

  • What is the registered address of Odisha Forest Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Odisha Forest Development Corporation Limited is A-84 Unit-Iii Kharavela Nagar, Bhubaneswar, Orissa, India, 751001.

  • What is the corporate identification number (CIN) and company number of Odisha Forest Development Corporation Limited?

    The corporate identification number (CIN) of Odisha Forest Development Corporation Limited is U02005OR1962SGC000446 and the company number is 000446 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Odisha Forest Development Corporation Limited?

    The Official website of Odisha Forest Development Corporation Limited is https://www.odishafdc.com

  • What has been the recent revenue trend for Odisha Forest Development Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Odisha Forest Development Corporation Limited has risen by 70.11%.

  • How many employees does Odisha Forest Development Corporation Limited currently have?

    As Per 2023 financial reports, 84 employees are currently employed by Odisha Forest Development Corporation Limited.

  • What change has been observed in the net worth of Odisha Forest Development Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Odisha Forest Development Corporation Limited has experienced an upsurge of 54.08%.

  • What are the total open charges for Odisha Forest Development Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Odisha Forest Development Corporation Limited amount to ₹ 186.56 Cr.

  • When was the last Balance Sheet of Odisha Forest Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Odisha Forest Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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