About Forestree India Private Limited
Data last updated:
Forestree India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 31 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20295KA2018PTC115873. Its GSTIN is 29AADCF4812F1ZS (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Purusothem Patel Rameshkumar and Shankar Patel Nirmal Kumar Patel.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #1101 24th Main Jp Nagar 1st Phase (Above Icici Bank), Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.4 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Lakh (net margin 0.2%) and EBITDA of ₹29.49 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 7% over five years.
The company is associated with 1 brand: Otium Living. As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
For more details, the company can be reached via its website thelogandlumber.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#1101 24th Main Jp Nagar 1st Phase (Above Icici Bank), Bangalore, Karnataka, India – 560078
- IndustryManufacturing, Wood Products & MDF
- 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
- One PDF report, delivered after checkout
Business Activity of Forestree India Private Limited
The main business activity of Forestree India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Forestree India Private Limited FY 2025 filings available
Forestree India Private Limited reported revenue of ₹8.4 Cr (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Forestree India Private Limited
Revenue fell 47% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 35% 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 of Forestree India Private Limited
| 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 | ₹29.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.85 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 of Forestree India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Forestree India are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Forestree India Private Limited
Forestree India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G.P. Company Plytech Private Limited | ₹8.48 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Indore, Madhya Pradesh, India |
| Divine Composites Private Limited | ₹8.43 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolhapur, Maharashtra, India |
| Evoreach Introdec Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Bhubaneswar, Odisha, India |
| E3 Panels Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | 39358.0% | •••• | New Delhi, Delhi, India |
| Gumtree Plywood India Private Limited | ₹8.4 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jagadhri, Haryana, India |
| Forestree India Private Limited this company | ₹8.4 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Pulkit Veneer Mills Pvt Ltd | ₹8.35 Cr (FY 2025) | •••• | •••• | 213.0% | •••• | Kolkata, West Bengal, India |
| Elevar Polytech Private Limited | ₹8.32 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Dist- Gandhinagar, Gujarat, India |
| Akolite Industrial Systems Private Limited | ₹8.29 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Mangalore, Karnataka, India |
| Khemka Woodcraft Private Limited | ₹8.28 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Goldwood Ply & Boards Private Limited | ₹8.23 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Jagadhri, Haryana, India |
Peers are the five companies nearest above and the five nearest below Forestree India by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Forestree India Private Limited
Forestree India Private Limited is audited by G RAMESHKUMAR & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G RAMESHKUMAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Forestree India Private Limited
Forestree India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purusothem Patel Rameshkumar | Director | 14 Dec 2021 | 4 Years 9 Months | Current |
| Shankar Patel Nirmal Kumar Patel | Director | 14 Dec 2021 | 4 Years 9 Months | Current |
Ownership and Shareholding of Forestree India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Forestree India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jan 2025 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Forestree India Private Limited
Forestree India Private Limited has 3 court cases on record: 3 filed by Forestree India. 1 case is pending and 2 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruchirappalli, Tamil Nadu | Execution petition | Filed by the company against Sharp Ply (India) Private Limited | Pending |
| Madras High Court | Court case (CRP(MD)) | Filed by the company against Sharp Ply (India) Private Limited | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Forestree India Private Limited
Forestree India operates one associated brand: Otium Living. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform selling wooden furniture, home essentials, and decor items. | otiumliving.in |
Employees and EPFO Compliance at Forestree India Private Limited
Employment history and EPFO contributions of people linked to Forestree India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Forestree India Private Limited
Forestree India Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Jeethendra Patel Manoj Patel ceased to be Director on 30 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Forestree India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Forestree India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Forestree India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Forestree India Private Limited
Forestree India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF4812F1ZS | Karnataka | Active | 28 Oct 2018 |
| 33AADCF4812F1Z3 | Tamil Nadu | Active | 15 Nov 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Forestree India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Forestree India Private Limited
Forestree India is an active private limited company based in Bangalore, Karnataka, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 31 August 2018 (8+ years old) and is registered under CIN U20295KA2018PTC115873.
Forestree India reported revenue of ₹8.4 Cr for FY 2025 (down 47% YoY).
Forestree India has 2 current directors:
- Purusothem Patel Rameshkumar - Director
- Shankar Patel Nirmal Kumar Patel - Director
Forestree India reported a net profit of ₹1.85 Lakh (net margin 0.2%) and EBITDA of ₹29.49 Lakh (EBITDA margin 3.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forestree India is -20% over three years and 7% over five years. In the latest year (FY 2025) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Forestree India is 29AADCF4812F1ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AADCF4812F1Z3 (Tamil Nadu).
The CIN (Corporate Identification Number) of Forestree India is U20295KA2018PTC115873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forestree India has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.
Forestree India was incorporated on 31 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Forestree India by revenue are G.P. Company Plytech Private Limited, Divine Composites Private Limited, Evoreach Introdec Private Limited, E3 Panels Private Limited, Gumtree Plywood India Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).
Jeethendra Patel Manoj Patel ceased to be Director on 30 Nov 2022. Purusothem Patel Rameshkumar ceased to be Additional Director on 30 Sep 2022. Shankar Patel Nirmal Kumar Patel ceased to be Additional Director on 30 Sep 2022. Forestree India has 7 board changes on record in total.