About Odisha Forest Development Corporation Limited
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Odisha Forest Development Corporation Limited is a public limited state government company based in Bhubaneswar, Odisha, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 28 September 1962 and has been in existence for over 64 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U02005OR1962SGC000446. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Orissa Forest Development Corporation Limited. It is led by directors including Prem Kumar Jha (Managing Director) and Elyanger Aier.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 84 Unit – III Kharavela Nagar, Bhubaneswar, Odisha, India – 751001.
As per the financials filed for FY 2023, the company reported a revenue of ₹288.09 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹21.13 Cr (net margin 7.3%) and EBITDA of ₹5.14 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company has about 546 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Odisha Forest Development Corporation. As per MCA filings, the company has open charges of ₹186.56 Cr and satisfied charges of ₹27 Cr on record. Court records list 249 cases involving the company, including 32 filed by the company and 217 filed against it; 63 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.72 Cr; the latest was in March 2013.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website odishafdc.com.
Company details
CIN history
Odisha Forest Development Corporation has one previous CIN (Corporate Identification Number): U02005OR1962PLC000446. The current CIN is U02005OR1962SGC000446, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U02005OR1962SGC000446 | Current |
| U02005OR1962PLC000446 | Previous |
Contact details
Odisha Forest Development Corporation Limited's registered office is in Bhubaneswar, Odisha. Its website is odishafdc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 84 Unit – III Kharavela Nagar, Bhubaneswar, Odisha, India – 751001
- IndustryAgriculture, Agri Support Services
To see the full contact details of Odisha 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
Brands
Odisha Forest Development Corporation operates one associated brand: Odisha Forest Development Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forestry operations, product harvesting, and plantation management in Odisha. | odishafdc.com |
Financials of Odisha Forest Development Corporation Limited
FY 2024 filings availableOdisha Forest Development Corporation Limited reported revenue of ₹288.09 Cr (up 70% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 70% growth in the latest year. EBITDA fell 17% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹288.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.13 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 7.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Odisha Forest Development Corporation Limited, buy the company report.
Board of directors of Odisha Forest Development Corporation Limited
Odisha Forest Development Corporation has 13 current directors and 96 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elyanger Aier | Director | 30 Dec 2024 | 1 Years 10 Months | Current |
| Prem Kumar Jha | Managing Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Piyusa Kanta Pani | Director | 17 Nov 2023 | 2 Years 11 Months | Current |
| Lipsa Das | Nominee Director | 15 Jul 2025 | 1 Years 3 Months | Current |
| Umakanta Panda | Director | 30 Dec 2024 | 1 Years 10 Months | Current |
| Deoranjan Kumar Singh | Nominee Director | 11 Nov 2024 | 2 Years 0 Months | Current |
Auditor
Odisha Forest Development Corporation Limited is audited by JBMT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JBMT & ASSOCIATES | FY 2023 | 320232E |
Shareholding
The shareholding of Odisha 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 Odisha Forest Development Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2021 | 100448631 | Others | ₹100 Cr | Open | |
| 23 May 2013 | 10432375 | Indian Bank | ₹10 Cr | Open | |
| 22 Apr 2010 | 10218497 | Indian Bank | ₹10 Cr | Open | |
| 03 May 2008 | 10108695 | Indian Bank | ₹5 Cr | Open | |
| 25 May 2005 | 90082122 | Uco Bank | ₹5 Cr | Open |
To see the full charge records of Odisha Forest Development Corporation Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Odisha Forest Development Corporation Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.72 Cr; the latest was in March 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Funding round | ₹3.72 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Odisha Forest Development Corporation Limited has 249 court cases on record: 32 filed by Odisha Forest Development Corporation, 217 filed against it. 63 cases are pending and 186 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 180 | 168 | 55 |
| District courts | 52 | 44 | 5 |
| Supreme Court | 17 | 5 | 3 |
Cases on record (5 of 249)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ganjam, Orissa | Execution petition | Filed by the company against Ms-Kukumina Constructions Pvt.Ltd | Disposed |
| High Court of Orissa | Writ petition | Filed against the company | Pending |
| High Court of Orissa | Writ petition | Filed against the company by an individual | Pending |
| High Court of Orissa | Appeal | Filed by the company against an individual | Pending |
| High Court of Orissa | Writ petition | Filed by the company against State Information Commissioner ,Bhubaneswar | Pending |
To see the full case history of Odisha 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 Odisha Forest Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Odisha Forest Development Corporation Limited has a workforce of 546 employees on its EPFO records as of Jun 2026, across 20 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 19 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Odisha Forest Development Corporation Limited, buy the company report.
GST
Odisha Forest Development Corporation has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Odisha Forest Development Corporation Limited, buy the company report.
Recent activity
Odisha Forest Development Corporation Limited has 111 board changes on record since 2007: 16 appointments and 95 cessations. The latest: Krushna Chandra Satapathy was appointed as Nominee Director on 21 Jul 2025.
136 earlier events are in the company report.
Frequently asked questions
Odisha Forest Development Corporation is an active public limited state government company based in Bhubaneswar, Odisha, India. The company works in agri support services, within the agriculture industry. It was incorporated on 28 September 1962 (64+ years old) and is registered under CIN U02005OR1962SGC000446.
Odisha Forest Development Corporation has 13 current directors:
- Prem Kumar Jha - Managing Director
- Elyanger Aier - Director
- Piyusa Kanta Pani - Director
- Lipsa Das - Nominee Director
- Umakanta Panda - Director
- Deoranjan Kumar Singh - Nominee Director
- Krushna Chandra Satapathy - Nominee Director
- Suresh Pant - Director
- Somanath Kundu - Director
- Uma Nanduri - Nominee Director
- Saveeta Mohanty - Director
- Satya Brata Sahu - Nominee Director
- Bhanumitra Acharya - Director
The latest financial statements of Odisha Forest Development Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
No. Odisha Forest Development Corporation has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Odisha Forest Development Corporation is U02005OR1962SGC000446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Odisha Forest Development Corporation has 249 court cases on record: 32 filed by the company and 217 filed against it. 63 are pending. Most are in the high courts.
Odisha Forest Development Corporation was incorporated on 28 September 1962, making it 64+ years old. It is registered with the Registrar of Companies, Cuttack.
Odisha Forest Development Corporation has 1 deal on record (1 funding round), with disclosed funding of ₹3.72 Cr; the latest was in March 2013.
Krushna Chandra Satapathy was appointed as Nominee Director on 21 Jul 2025. Satyabrata Rout ceased to be Nominee Director on 21 Jul 2025. Lipsa Das was appointed as Nominee Director on 15 Jul 2025. Odisha Forest Development Corporation has 111 board changes on record in total.
Odisha Forest Development Corporation can be reached through the website odishafdc.com. Its registered office is in Bhubaneswar, Odisha, India.
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