Forest Industries Travancore Ltd

Forest Industries Travancore Ltd - consumer electronics & durables in Ernakulam, Kerala, India. Directors, charges & compliance details.
CIN U02001KL1946SGC000373 Incorporated 10 August 1946 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Public Limited State Government Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2022
₹7.63 Cr
▲ 14% YoY
Net profit · FY 2022
₹56.69 Lakh
Net margin 7.4%
EBITDA · FY 2022
₹1.06 Cr
EBITDA margin 13.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹37.71 Lakh
Issued & subscribed
Open charges
₹3.13 Cr
Secured borrowings
Company age
80 yrs
Est. 1946
Employees · EPFO
102
Provident fund records

About Forest Industries Travancore Ltd

Data last updated:

Forest Industries Travancore Ltd is a public limited state government company based in Ernakulam, Kerala, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 August 1946 and has been in existence for over 80 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U02001KL1946SGC000373.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹37.71 Lakh. It is led by directors including Thaikkoottathil Alexander Harold Nicolson (Managing Director) and Indhu Vijayan Nedungattil (Managing Director).

Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Thaikkayttukara P Oaluva, Ernakulam, Kerala, India – 683016.

As per the financials filed for FY 2022, the company reported a revenue of ₹7.63 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹56.69 Lakh (net margin 7.4%) and EBITDA of ₹1.06 Cr (EBITDA margin 13.9%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 26% over five years.

The company has about 102 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.13 Cr on record. Court records list 78 cases involving the company, including 14 filed by the company and 64 filed against it; 16 cases are pending.

Forest Industries Travancore Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0045451). The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U02001KL1946SGC000373
Registration Number 000373
Incorporation Date 10 August 1946
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0045451

CIN history

Forest Industries Travancore has one previous CIN (Corporate Identification Number): L02001KL1946SGC000373. The current CIN is U02001KL1946SGC000373, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U02001KL1946SGC000373Current
L02001KL1946SGC000373Previous

Recognitions & Rankings of Forest Industries Travancore

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-KL-02-0045451

Contact details

Forest Industries Travancore Ltd's registered office is in Ernakulam, Kerala.

  • Registered Address
    Thaikkayttukara P Oaluva, Ernakulam, Kerala, India – 683016
  • Industry
    Consumer Electronics & Durables, Furniture Manufacturing
Comprehensive company report
Forest Industries Travancore Ltd - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Forest Industries Travancore is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Forest Industries Travancore Ltd, buy the company report.

Financials of Forest Industries Travancore Ltd

FY 2022 filings available

Forest Industries Travancore Ltd reported revenue of ₹7.63 Cr (up 14% YoY) for FY 2022.

Revenue · FY 2022
₹7.63 Cr ▲ 14%
Net profit · FY 2022
₹56.69 Lakh margin 7.4%
EBITDA · FY 2022
₹1.06 Cr margin 13.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▼ 24%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▲ 143%
3 years · compounded
▲ 2%
5 years · compounded
▲ 22%

Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 143% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹1.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹56.69 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin13.9%
Net Profit Margin7.4%
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 Forest Industries Travancore Ltd, buy the company report.

Board of directors of Forest Industries Travancore Ltd

Forest Industries Travancore has 9 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Purushothamakaimal Vellappallil Narayana KaimalDirector06 Jul 200620 Years 3 MonthsCurrent
Susy EapenNominee Director09 Apr 200818 Years 6 MonthsCurrent
Thaikkoottathil Alexander Harold NicolsonManaging Director17 Mar 20188 Years 7 MonthsCurrent
Sreekumar Balakrishnan NairNominee Director09 Apr 200818 Years 6 MonthsCurrent
Biju Panikattu AbrahamAdditional Director20 Jan 20206 Years 9 MonthsCurrent
Rajan Achari Chellappan AchariNominee Director06 Jan 200917 Years 9 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Peer comparison

Forest Industries Travancore Ltd is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
R.K. Joinery Private Limited₹7.7 Cr (FY 2024)55.0%Jaipur, Rajasthan, India
Aman Ventures Private Limited₹7.7 Cr (FY 2025)14.0%Gurgaon, Haryana, India
Anglewood Furniture Solutions Private Limited₹7.68 Cr (FY 2024)9.0%Chennai, Tamil Nadu, India
Deskzone Office System Private Limited₹7.67 Cr (FY 2024)-20.0%Vishwaneedam Po Bangalore, Karnataka, India
Forest Industries Travancore Ltdthis company₹7.63 Cr (FY 2022)₹56.69 Lakh7.4%14.0%Ernakulam, Kerala, India
Palan-G Industries Private Limited₹7.6 Cr (FY 2024)4.0%Jehanabad, Bihar, India
Sieger Building Systems Private Limited₹7.59 Cr (FY 2024)8.0%Jaipur, Rajasthan, India

To see the full peer comparison of Forest Industries Travancore Ltd, buy the company report.

Charges & borrowings

Open charges
₹3.13 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹2.50 Cr
State Bank of Travancore₹0.63 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 200910178059State Bank of India₹2.5 CrOpen
13 Jan 2006100932367State Bank of Travancore₹18 LakhOpen
27 Mar 199790022292State Bank of Travancore₹2.4 LakhOpen
11 May 199690022237State Bank of Travancore₹10 LakhOpen
03 Feb 199490022049State Bank of Travancore₹25 LakhOpen

To see the full charge records of Forest Industries Travancore Ltd, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Forest Industries Travancore Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Forest Industries Travancore Ltd; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Forest Industries Travancore Ltd has 11 board changes on record since 2006: 9 appointments and 2 cessations. The latest: Afzal Ali Kolathekatt was appointed as Managing Director on 20 May 2024.

Charges
A charge with State Bank Of India of Rs. 250.00 Lakh registered on 27 Mar 2009 with Charge ID 10178059 was modified on 15 Oct 2025.
Appointed
Afzal Ali Kolathekatt was appointed as Managing Director.
AGM
Forest Industries Travancore Ltd last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.
Filing
Forest Industries Travancore Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Appointed
Indhu Vijayan Nedungattil was appointed as Managing Director.
Appointed
Biju Panikattu Abraham was appointed as Additional Director.
Appointed
Thaikkoottathil Alexander Harold Nicolson was appointed as Managing Director.
Ceased
Azim Ismail ceased to be Managing Director.
Charges
A charge with State Bank Of India amounted to Rs. 250.00 Lakh with Charge ID 10178059 was registered on 27 Mar 2009.
Appointed
Rajan Achari Chellappan Achari was appointed as Nominee Director.
Appointed
Sreekumar Balakrishnan Nair was appointed as Nominee Director.
Appointed
Susy Eapen was appointed as Nominee Director.

12 earlier events are in the company report.

Frequently asked questions

Forest Industries Travancore is an active public limited state government company based in Ernakulam, Kerala, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 August 1946 (80+ years old) and is registered under CIN U02001KL1946SGC000373.

Forest Industries Travancore has 9 current directors:

The latest financial statements of Forest Industries Travancore on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Forest Industries Travancore is U02001KL1946SGC000373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Forest Industries Travancore has 78 court cases on record: 14 filed by the company and 64 filed against it. 16 are pending. Most are in the high courts.

Forest Industries Travancore was incorporated on 10 August 1946, making it 80+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Forest Industries Travancore by revenue are R.K. Joinery Private Limited, Aman Ventures Private Limited, Anglewood Furniture Solutions Private Limited, Deskzone Office System Private Limited, Palan-G Industries Private Limited and 1 more, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Afzal Ali Kolathekatt was appointed as Managing Director on 20 May 2024. Indhu Vijayan Nedungattil was appointed as Managing Director on 06 Sep 2021. Biju Panikattu Abraham was appointed as Additional Director on 20 Jan 2020. Forest Industries Travancore has 11 board changes on record in total.

Yes, Forest Industries Travancore is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0045451).

The registered office of Forest Industries Travancore is at Thaikkayttukara P Oaluva, Ernakulam, Kerala, India – 683016.

Forest Industries Travancore operates in the consumer electronics and durables industry, in the furniture manufacturing segment.