About HR Solar
HR Solar is an Energy & Utilities company based in Kolkata (India) founded in 2011. It manufactures high-quality solar panels and provides installation services. It operates on a B2B model. The company has 115 employees. Its Indian entity H.R. Solar Solution Private Limited reported revenue of ₹192 Cr. Its focus areas include Energy, Renewable Energy, Solar Energy and Panel Manufacturing and Installation. Similar companies include Goldi Solar, Su-Kam Power Systems and Emmvee; 1 of its 3 listed similar companies has raised funding.
Company details
HR Solar, founded in 2011 in Kolkata, India, focuses on working in the energy sector, promoting renewable energy, developing solar energy systems, and panel manufacturing and installation. Manufactures high-quality solar panels and provides installation services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Kolkata, India
- Employees 115
- SectorsEnergy & Utilities
- Website hrsolarsolution.com
- Social X
- Legal Name H.R. Solar Solution Private Limited
- Date of Incorporation 04 May, 2011
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹192 Cr
FY 2025 · +4% YoY
- Net Profit₹6.14 Cr
FY 2025 · 3% margin
- EBITDA₹12.53 Cr
FY 2025 · 7% margin
- Employee Count115
Associated legal entities of HR Solar
HR Solar operates through H.R. Solar Solution Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| H.R. Solar Solution Private Limited CIN U40108WB2011PTC162243 | Active | 04 May 2011 | Kolkata, West Bengal | ₹192 Cr | 115 | 4 | View details |
Board of directors of H.R. Solar Solution Private Limited (HR Solar)
H.R. Solar Solution Private Limited is the primary company behind HR Solar. The board of H.R. Solar Solution Private Limited currently have 4 directors; the longest-serving is Ambarish Bangur, appointed in 2011. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ambarish Bangur DIN 02369909 | Director | 04 May 2011 | 15 yrs 5 mo | H.R. Solar Solution Private Limited |
| Madan Gopal Bangur DIN 00706138 | Director | 30 Jan 2014 | 12 yrs 8 mo | H.R. Solar Solution Private Limited |
| Michel Jacques Dijoux DIN 09708613 | Nominee Director | 22 Aug 2022 | 4 yrs 2 mo | H.R. Solar Solution Private Limited |
| Rahul Bangur DIN 08926014 | Director | 10 Jun 2025 | 1 yr 4 mo | H.R. Solar Solution Private Limited |
Financials of HR Solar
Figures of H.R. Solar Solution Private Limited, the primary company behind HR Solar, for FY 2025. Revenue was ₹192 Cr (+4% year on year). Net profit was ₹6.14 Cr (3% margin). EBITDA was ₹12.53 Cr (7% margin). Revenue has grown at a compounded annual rate of +38% over three years and +37% over five years.
- ₹192 CrRevenue · FY 2025 · +4% YoY
- ₹6.14 CrNet profit · 3% margin
- ₹12.53 CrEBITDA · 7% margin
- ₹1.23 CrPaid-up capital
- 115Employees (provident fund records)
- +38%Revenue CAGR, 3 years
- +37%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of H.R. Solar Solution Private Limited are on its company page.
Detailed financial statements for HR Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to HR Solar
HR Solar has 3 listed similar companies in our database, 1 of them funded. They include Goldi Solar, Su-Kam Power Systems and Emmvee.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goldisolar.com | 2011 | Surat, India | $230.96M | 1,583 | Manufacturer of solar PV modules | |
| su-kam.com | 1988 | Gurugram, India | 288 | Solar panels and power storage products are manufactured. | ||
| emmvee.com | 1992 | Bengaluru, India | 530 | Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. |
Detailed similar companies of HR Solar
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- Operating metrics
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as HR Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about HR Solar
HR Solar was founded in 2011.
HR Solar is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
HR Solar has 115 employees.
The primary company behind HR Solar, H.R. Solar Solution Private Limited, reported revenue of ₹192 Cr for FY 2025, up 4% year on year.
HR Solar, founded in 2011 in Kolkata, India, focuses on working in the energy sector, promoting renewable energy, developing solar energy systems, and panel manufacturing and installation. Manufactures high-quality solar panels and provides installation services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
HR Solar's top competitors include Goldi Solar, Su-Kam Power Systems and Emmvee.
HR Solar operates through H.R. Solar Solution Private Limited.
The legal entities of HR Solar currently have 4 directors, including Ambarish Bangur, Michel Jacques Dijoux, Madan Gopal Bangur and others.