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Forestree India Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.4 Cr
▼ 47% YoY
Net profit · FY 2025
₹1.85 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹29.49 Lakh
EBITDA margin 3.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹12 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
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.
Forestree India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-27-0002304). For more details, the company can be reached via its website thelogandlumber.com.
Company details
CIN U20295KA2018PTC115873
Registration Number 115873
Incorporation Date 31 August 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-27-0002304
Recognitions & Rankings of Forestree India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-27-0002304
Contact details
Forestree India Private Limited's registered office is in Bangalore, Karnataka. Its website is thelogandlumber.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#1101 24th Main Jp Nagar 1st Phase (Above Icici Bank), Bangalore, Karnataka, India – 560078
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Forestree India Private Limited, buy the company report.
Comprehensive company report
Forestree India Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
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 |
Business activity
The main business activity of Forestree India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Forestree India Private Limited, buy the company report.
Financials of Forestree India Private Limited
FY 2025 filings availableForestree India Private Limited reported revenue of ₹8.4 Cr (down 47% YoY) for FY 2025.
Revenue · FY 2025
₹8.4 Cr ▼ 47%
Net profit · FY 2025
₹1.85 Lakh margin 0.2%
EBITDA · FY 2025
₹29.49 Lakh margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 20%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 11%
5 years · compounded
▲ 31%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Forestree India Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purusothem Patel Rameshkumar | Director | 14 Dec 2021 | 4 Years 10 Months | Current |
| Shankar Patel Nirmal Kumar Patel | Director | 14 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Forestree India Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Evoreach Introdec Private Limited | ₹8.4 Cr (FY 2025) | 38.0% | Bhubaneswar, Odisha, India | |||
| Forestree India Private Limitedthis company | ₹8.4 Cr (FY 2025) | ₹1.85 Lakh | 0.2% | -47.0% | Bangalore, Karnataka, India | |
| Pulkit Veneer Mills Pvt Ltd | ₹8.35 Cr (FY 2025) | 213.0% | Kolkata, West Bengal, India | |||
| Khemka Woodcraft Private Limited | ₹8.28 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Forestree India Private Limited, buy the company report.
Auditor
Forestree India Private Limited is audited by G RAMESHKUMAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G RAMESHKUMAR & CO | FY 2022 | 003010S |
Shareholding
The shareholding of Forestree India Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Forestree India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2025 | 101039999 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Forestree India Private Limited has 3 court cases on record: 3 filed by Forestree India. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
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) Pvt Ltd | Pending |
| High Court, TAMIL NADU | Court case (CRP(MD)) | Filed by the company against Sharp Ply (India) Pvt. Ltd., | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Forestree India Private 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 Forestree India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forestree India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF4812F1ZS | Karnataka | Active | 28 Oct 2018 |
| 33AADCF4812F1Z3 | Tamil Nadu | Active | 15 Nov 2018 |
To see the full GST registrations and return filing status of Forestree India Private Limited, buy the company report.
Recent activity
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.
AGM
Forestree India Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Forestree India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 101039999 was registered on 07 Jan 2025.
Ceased
Jeethendra Patel Manoj Patel ceased to be Director.
Ceased
Purusothem Patel Rameshkumar ceased to be Additional Director.
Ceased
Shankar Patel Nirmal Kumar Patel ceased to be Additional Director.
Appointed
Purusothem Patel Rameshkumar was appointed as Director.
Appointed
Shankar Patel Nirmal Kumar Patel was appointed as Director.
Ceased
Kishore Shivji Patel ceased to be Additional Director.
Ceased
Jagadishpatel ceased to be Director.
Incorporation
31 Aug 2018
Forestree India Private Limited was registered on 31 Aug 2018 with Roc Bangalore & aged 8 years 1 month as per MCA records.
Frequently asked questions
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 has 2 current directors:
- Purusothem Patel Rameshkumar - Director
- Shankar Patel Nirmal Kumar Patel - Director
The latest financial statements of Forestree India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2019 are in the company report.
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 Evoreach Introdec Private Limited, Pulkit Veneer Mills Pvt Ltd, Khemka Woodcraft Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wholesale trading).
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.
Yes, Forestree India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Forestree India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-27-0002304).