A.P. Forest Development Corporation Ltd

FINANCIAL DETAILS

         Andhra Pradesh Forest Development Corporation Ltd., (APFDC) is a fully AP Govt. owned Company registered under the Indian Companies Act in the year 1975.

 

·         The Authorized Share Capital of APFDC is Rs.14.58 Cr. (Total Rs.25.00 Cr. APFDCL Rs.14.58 Cr. And TSFDCL Rs.10.42 Cr.).   The Government of India and Andhra Pradesh State Government provided capital of Rs.2181.869 lakhs (GOI Rs.50.00 lakhs and undivided AP Govt. Rs.2131.869 lakhs i.e., in the ratio 2:98).  After bifurcation of the Corporation into Telangana State Forest Development Corporation Ltd., the residual APFDC Ltd., left with the Capital of Rs.1272.466 lakhs as its share of Capital. (GOI 29.16 lakhs, AP State Govt. Rs.1243.306 lakhs).  The Corporation was registered as a Company with the Registrar of Companies under Companies Act also granted with Trust Status under Section 12 A of Income Tax Act. 

 

·         APFDC has been making profits since 1991-92.  The Cumulative Profit as on 31.03.2015 is Rs.304.7867 Cr.

 

           The year-wise profits of the Company are as follows:

 

Sl. No.

Year

Net Profit for the year

(Rs. in lakhs)

Cumulative Profit

(Rs. in lakhs)

(1)

(2)

(3)

(4)

1

1991-92

43.83

(-) 326.79

 

2

1992-93

459.06

132.27

3

1993-94

56.85

189.12

4

1994-95

14.48

203.60

5

1995-96

73.34

276.94

6

1996-97

(-) 35.78

241.16

7

1997-98

306.65

547.81

8

1998-99

301.30

849.11

9

1999-2000

391.38

1240.49

10

2000-01

219.95

1460.44

11

2001-02

186.39

1646.83

12

2002-03

108.29

1755.12

13

2003-04

93.86

1848.98

14

2004-05

797.11

2646.09

15

2005-06

667.88

3313.97

16

2006-07

2195.22

5509.19

17

2007-08

929.94

6439.13

18

2008-09

1000.87

7440.00

19

2009-10

1056.08

8496.08

20

2010-11

2349.11

10845.19

21

2011-12

2397.82

13243.02

22

2012-13

3191.42

16434.44

23

2013-14 (upto 01.06.2014)

12376.02

28810.46

24

2014-15 (from 02.06.2014 to 31.03.2015)

1668.21

30478.67

 

Note:

              1. The Net Profit in Col. No. 3 is after transfer to Plantation Reserve.

·         2. The Net Profit during the year depends on the Eucalyptus and Bamboo Plantations areas coming for harvesting as per Management Plan.

·         3. This also depends on actual Coffee and Cashew yields.

·         4. The profit earned also depends on raising and maintenance of new and younger plantations.

·         5. More information can be found in the year-wise Accounts of the company.

·         6. Due to bifurcation of state and consequent formation of TSFDC, the share capital has been distributed between APFDC & TSFDC.

 


 

Revenue

Plantation

Yield

Sri YS Jagan Mohan Reddy

Hon'ble Chief Minister

Government Of Andhra Pradesh

Sri Balineni Srinivas Reddy

Hon'ble Minister for Environment, Forest, Science & Technology

Global Tender cum eAuction of Red Sander Wood New

Coffee plantations: A boon to tribal people
Coffee plantations raised in 4,000-odd hectares by the Andhra Pradesh Forest Development Corporation (APFDC) in seven mandals in the Agency area is a great boon to tribal women and men.

High Level Eucalyptus Clonal Plantation
APFDC had been raising Industrial Plantations of Eucalyptus and Bamboo so far covering an area of 48,000 ha and 10,000 ha respectively. The plantations raised through seed in the past have given an average yield of only 10 MT/ha at the rotation age of 8/9 years as against projected yields of 40 MT/ha. The yield from subsequent rotations is only ⅓ rd to ¼th of first rotation.