Odisha Forest Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 62 Year, 4 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 four 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
- 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
Who are the key members and board of directors at Odisha Forest Development Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Pant  | Managing Director | 20-Sep-2021 | Current |
| Astika Panda | Company Secretary | 21-Jun-2010 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Umakanta Panda | Director | 23-Jul-2021 | Current |
| Saveeta Mohanty | Director | 23-Jul-2021 | Current |
| Satya Sahu | Nominee Director | Current | |
| Debi Biswal | Nominee Director | Current | |
| Elyanger Aier | Director | 23-Jul-2021 | Current |
| Satyabrata Rout | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
The Odisha Small Industries Corporation LimitedYudhisthir Nayak is a mutual person
Odisha Power Transmission Corporation LimitedYudhisthir Nayak is a mutual person
Odisha Tourism Development Corporation LimitedSatyabrata Rout is a mutual person
Odisha State Seeds Corporation LimitedSatyabrata Rout is a mutual person
Odisha State Cashew Development Corporation Limited.Satyabrata Rout is a mutual person
Hansa Marble And Granite Private LimitedSaveeta Mohanty is a mutual person
Charges (Loans)
₹186.56 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2021 | Others | ₹100.00 Cr | Open |
| 23 May 2013 | Indian Bank | ₹10.00 Cr | Open |
| 22 Apr 2010 | Indian Bank | ₹10.00 Cr | Open |
| 03 May 2008 | Indian Bank | ₹5.00 Cr | Open |
| 25 May 2005 | Uco Bank | ₹5.00 Cr | Open |
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.
Deals i
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
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
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.
