Goa Forest Development Corporation Limited
About Goa Forest Development Corporation Limited
Data last updated:
Goa Forest Development Corporation Limited is a public limited state government company based in Panaji, Goa, India. It operates in the crop production and distribution segment of the agriculture sector. It was incorporated on 14 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U01133GA1997SGC002323. Its GSTIN is 30AAACG9430B2ZA (Goa). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.69 Cr. It is led by directors including Nandakumar Eknath Parab (Managing Director) and Deviya Vishwajit Rane.
Its last annual general meeting (AGM) was held on 24 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1st List 3rd Floor Junta House 18 June Road, Panaji, Goa, India – 403001.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.36 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹69.87 Lakh (net margin 9.5%) and EBITDA of ₹91.59 Lakh (EBITDA margin 12.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
The company has about 273 employees on its provident fund (EPFO) records.
Court records list 45 cases involving the company, including 6 filed by the company and 39 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Goa Forest Development Corporation has one previous CIN (Corporate Identification Number): U01133GA1997PLC002323. The current CIN is U01133GA1997SGC002323, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01133GA1997SGC002323 | Current |
| U01133GA1997PLC002323 | Previous |
Contact details
Goa Forest Development Corporation Limited's registered office is in Panaji, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st List 3rd Floor Junta House 18 June Road, Panaji, Goa, India – 403001
- IndustryAgriculture, Crop Production & Distribution
To see the full contact details of Goa 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 activity of Goa Forest Development Corporation is agriculture, forestry, fishing. In detail, this covers forestry and logging.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A2 | Forestry and logging |
To see the full business activity and turnover split of Goa Forest Development Corporation Limited, buy the company report.
Financials of Goa Forest Development Corporation Limited
FY 2021 filings availableGoa Forest Development Corporation Limited reported revenue of ₹7.36 Cr (up 17% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 59% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.36 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹91.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 9.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Goa Forest Development Corporation Limited, buy the company report.
Board of directors of Goa Forest Development Corporation Limited
Goa Forest Development Corporation has 4 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deviya Vishwajit Rane Also directs: Aadevi Property LLP, Karapur Estates Private Limited, Fit Agro India Private Limited and 3 more | Nominee Director | 22 Apr 2022 | 4 Years 6 Months | Current |
| Nandakumar Eknath Parab | Managing Director | 14 Feb 2024 | 2 Years 8 Months | Current |
| Vuyyuru Santosh Kumar Reddy | Nominee Director | 28 Aug 2024 | 2 Years 2 Months | Current |
| Kamal Datta | Nominee Director | 28 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Goa Forest Development Corporation Limited is audited by D.S. PAWOOSKAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.S. PAWOOSKAR & CO | FY 2021 | 107870W |
Shareholding
The shareholding of Goa Forest Development Corporation Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goa Forest Development Corporation Limited, buy the company report.
Legal cases
Goa Forest Development Corporation Limited has 45 court cases on record: 6 filed by Goa Forest Development Corporation, 39 filed against it. 5 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 33 | 5 |
| District courts | 6 | 6 | 0 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (PILWP) | Filed against the company | Pending |
| Bombay High Court | Court case (MCA) | Filed by the company against an individual | Pending |
| Bombay High Court | Appeal | Filed by the company against an individual | Pending |
| Bombay High Court | Appeal | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Goa 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 Goa Forest Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Goa Forest Development Corporation Limited has a workforce of 273 employees on its EPFO records as of Oct 17, 2024, across 1 active EPFO establishment.
GST
Goa Forest Development Corporation has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACG9430B2ZA | Goa | Active | 11 Oct 2017 |
| 30AAACG9430B1DK | Goa | Active | 02 Aug 2019 |
To see the full GST registrations and return filing status of Goa Forest Development Corporation Limited, buy the company report.
Recent activity
Goa Forest Development Corporation Limited has 42 board changes on record since 2009: 5 appointments and 37 cessations. The latest: Anil A Shetgaonkar ceased to be Director on 28 Aug 2024.
33 earlier events are in the company report.
Frequently asked questions
Goa Forest Development Corporation is an active public limited state government company based in Panaji, Goa, India. The company works in crop production and distribution, within the agriculture industry. It was incorporated on 14 April 1997 (29+ years old) and is registered under CIN U01133GA1997SGC002323.
Goa Forest Development Corporation has 4 current directors:
- Nandakumar Eknath Parab - Managing Director
- Deviya Vishwajit Rane - Nominee Director
- Vuyyuru Santosh Kumar Reddy - Nominee Director
- Kamal Datta - Nominee Director
The latest financial statements of Goa Forest Development Corporation on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 24 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Goa Forest Development Corporation is 30AAACG9430B2ZA, registered in Goa. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAACG9430B1DK (Goa).
The CIN (Corporate Identification Number) of Goa Forest Development Corporation is U01133GA1997SGC002323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goa Forest Development Corporation has 45 court cases on record: 6 filed by the company and 39 filed against it. 5 are pending. Most are in the high courts.
Goa Forest Development Corporation was incorporated on 14 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Goa.
Anil A Shetgaonkar ceased to be Director on 28 Aug 2024. Kamal Datta was appointed as Nominee Director on 28 Aug 2024. Rajiv Kumar Gupta ceased to be Nominee Director on 28 Aug 2024. Goa Forest Development Corporation has 42 board changes on record in total.
The registered office of Goa Forest Development Corporation is at 1st List 3rd Floor Junta House 18 June Road, Panaji, Goa, India – 403001.
Goa Forest Development Corporation operates in the agriculture industry, in the crop production and distribution segment.
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