
About Telangana Forest Development Corporation Limited
Data last updated:
Telangana Forest Development Corporation Limited is a private limited state government company based in Hyderabad, Telangana, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 14 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U02005TG2015SGC098892. Its GSTIN is 36AAFCT3365D1ZF (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10.42 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Telangana State Forest Development Corporation Limited. It is led by directors including Sunitha Meshram Jaswant Rao (Managing Director) and George Jenner Varuvel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Botanical Garden Gate No.2 Masjid Banda Road Kothaguda Post Office Kondapur, Hyderabad, Telangana, India – 500084.
As per the financials filed for FY 2025, the company reported a revenue of ₹317.88 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹225.4 Cr (net margin 70.9%) and EBITDA of ₹238.7 Cr (EBITDA margin 75.1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 30% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
Court records list 29 cases involving the company, including 2 filed by the company and 27 filed against it; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tsfdc.telangana.gov.in.
Company details
Contact details
Telangana Forest Development Corporation Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBotanical Garden Gate No.2 Masjid Banda Road Kothaguda Post Office Kondapur, Hyderabad, Telangana, India – 500084
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Telangana Forest Development Corporation Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Telangana Forest Development Corporation are agriculture, forestry, fishing and education. In detail, this covers forestry and logging and sports, recreation, cultural and other education. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A2 | Forestry and logging | |
| P | Education | P3 | Sports, recreation, cultural and other education |
To see the full business activity and turnover split of Telangana Forest Development Corporation Limited, buy the company report.
Financials of Telangana Forest Development Corporation Limited
FY 2025 filings availableTelangana Forest Development Corporation Limited reported revenue of ₹317.88 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 15% growth in the latest year. EBITDA rose 30% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹238.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹225.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.1% | ||||
| Net Profit Margin | 70.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Telangana Forest Development Corporation Limited, buy the company report.
Board of directors of Telangana Forest Development Corporation Limited
Telangana Forest Development Corporation has 5 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Jenner Varuvel | Nominee Director | 29 Nov 2023 | 2 Years 11 Months | Current |
| Ramalingam Gamineni | Nominee Director | 31 Jan 2024 | 2 Years 9 Months | Current |
| Veeraiah Podem | Nominee Director | 12 Jul 2024 | 2 Years 3 Months | Current |
| Ravi Rayi | Nominee Director | 01 Jul 2021 | 5 Years 4 Months | Current |
| Sunitha Meshram Jaswant Rao | Managing Director | 10 Aug 2022 | 4 Years 3 Months | Current |
Auditor
Telangana Forest Development Corporation Limited is audited by NarothamMadhav& Ramesh for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NarothamMadhav& Ramesh | FY 2023 | 002407S |
Shareholding
The shareholding of Telangana Forest Development Corporation Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Telangana Forest Development Corporation Limited, buy the company report.
Legal cases
Telangana Forest Development Corporation Limited has 29 court cases on record: 2 filed by Telangana Forest Development Corporation, 27 filed against it. 15 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 25 | 14 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed against the company by M/S. Delara Tourism Corporation Ltd. | Pending |
| Supreme Court | Court case (2903-Simple Money & Mortgage Matters Etc. : Others) | Filed against the company by Escorts Limited (Now Escorts Kubota Limited) Through Its Poa Holder Authorized Signatory Mr. A.C. Sachdev. Plot No.17, 12-2-823/A/13, Santoshnagar, Mahdipatnam, Hyderabad, Shifted to Escorts, Agri Machinery Marketing Division, 160/1, First Floo, Sardar Patel Road, Secunderabad500003 ,Secunderabad , Telangana and 1 other | Disposed |
| High Court for State of Telangana | Arbitration matter | Filed against the company by M/S. Hyderabad Bird Park and Gardens Private Limited | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by Trac India Pvt. Ltd | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S.Delara Tourism Corporation Ltd, Hyd | Disposed |
To see the full case history of Telangana Forest Development Corporation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Telangana Forest Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Telangana Forest Development Corporation has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCT3365D1ZF | Telangana | Active | 01 Jul 2017 |
| 36AAFCT3365D1DO | Telangana | Active | 05 Dec 2018 |
To see the full GST registrations and return filing status of Telangana Forest Development Corporation Limited, buy the company report.
Recent activity
Telangana Forest Development Corporation Limited has 33 board changes on record since 2015: 7 appointments and 26 cessations. The latest: Chandrashekar Reddy Gopidi ceased to be Managing Director on 08 May 2025.
24 earlier events are in the company report.
Frequently asked questions
Telangana Forest Development Corporation is an active private limited state government company based in Hyderabad, Telangana, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 14 May 2015 (11+ years old) and is registered under CIN U02005TG2015SGC098892.
Telangana Forest Development Corporation has 5 current directors:
- Sunitha Meshram Jaswant Rao - Managing Director
- George Jenner Varuvel - Nominee Director
- Ramalingam Gamineni - Nominee Director
- Veeraiah Podem - Nominee Director
- Ravi Rayi - Nominee Director
The latest financial statements of Telangana Forest Development Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Telangana Forest Development Corporation is 36AAFCT3365D1ZF, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAFCT3365D1DO (Telangana).
The CIN (Corporate Identification Number) of Telangana Forest Development Corporation is U02005TG2015SGC098892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Telangana Forest Development Corporation has 29 court cases on record: 2 filed by the company and 27 filed against it. 15 are pending. Most are in the high courts.
Telangana Forest Development Corporation was incorporated on 14 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chandrashekar Reddy Gopidi ceased to be Managing Director on 08 May 2025. Sunita Mahesh Bhagwat ceased to be Nominee Director on 07 May 2025. Veeraiah Podem was appointed as Nominee Director on 12 Jul 2024. Telangana Forest Development Corporation has 33 board changes on record in total.
Telangana Forest Development Corporation can be reached through the website tsfdc.telangana.gov.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Telangana Forest Development Corporation is at Botanical Garden Gate No.2 Masjid Banda Road Kothaguda Post Office Kondapur, Hyderabad, Telangana, India – 500084.

