About HPL Electronics Private Limited
Data last updated:
HPL Electronics Private Limited is a private limited company based in New, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 October 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1974PTC007504. Its GSTIN is 09AAACH0774P1Z5 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It was formerly known as Havells Electronics Pvt Ltd. It is led by directors including Lalit Seth and Rishi Seth.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1/20 Asaf Ali Road, New, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.22 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹12.13 Lakh (net margin 9.9%) and EBITDA of ₹1.16 Cr (EBITDA margin 94.7%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 33% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹64 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hplindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1/20 Asaf Ali Road, New, Delhi, India – 110002
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of HPL Electronics Private Limited FY 2025 filings available
HPL Electronics Private Limited reported revenue of ₹1.22 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HPL Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 2% growth in the latest year. EBITDA rose 3% 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 of HPL Electronics Private Limited
| 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 | ₹1.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.13 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 of HPL Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of HPL Electronics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of HPL Electronics Private Limited
HPL Electronics Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neo-Neon Electrical Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Vinsure Energy India Private Limited | •••• | •••• | •••• | •••• | 13 | Bengaluru, Karnataka, India |
| Karan Sales Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Imetrix Vision Technology India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Parma International Private Limited | •••• | •••• | •••• | •••• | 12 | Delhi, India |
| HPL Electronics Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kirkas Tech Ventures Private Limited | •••• | •••• | •••• | •••• | - | Puthery, Tamil Nadu, India |
| Innovev Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sharp Batteries and Allied Industries Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Adler Electronics Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Modern Solar Private Limited | •••• | •••• | •••• | •••• | 34 | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below HPL Electronics by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of HPL Electronics Private Limited
HPL Electronics Private Limited is audited by SAHNI MEHRA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAHNI MEHRA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of HPL Electronics Private Limited
HPL Electronics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Seth Also directs: HPL Electric & Power Limited, HPL Power Corporation Limited, Jesons Implex Pvt Ltd and 3 more | Director | 03 Jul 2003 | 23 Years 3 Months | Current |
| Rishi Seth Also directs: HPL Electric & Power Limited, HPL Power Corporation Limited, Jesons Implex Pvt Ltd and 4 more | Director | 30 May 2012 | 14 Years 4 Months | Current |
| Gautam Seth Also directs: HPL Electric & Power Limited, HPL Power Corporation Limited, Amerex Private Limited and 3 more | Director | 30 Jun 2012 | 14 Years 3 Months | Current |
Ownership and Shareholding of HPL Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of HPL Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2023 | Others | ₹15 Cr | Open |
| 12 Jul 2018 | Others | ₹15 Cr | Satisfied |
| 01 Jun 2013 | Idbi Bank Limited | ₹40 Cr | Satisfied |
| 14 Jul 2008 | Hdfc Bank Limited | ₹4 Cr | Satisfied |
| 14 Aug 2003 | Uco Bank | ₹5 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of HPL Electronics Private Limited
HPL Electronics Private Limited has 3 court cases on record: 1 filed by HPL Electronics, 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Puri, Odisha | Civil suit | Filed against the company by an individual | Disposed |
| Allahabad High Court | Court case (STRE) | Filed against the company by Commissioner Commercial Tax U.P. Lko | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at HPL Electronics Private Limited
HPL Electronics Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of HPL Electronics Private Limited
HPL Electronics has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Jesons Implex Pvt Ltd | U74899DL1974PTC005351 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of HPL Electronics Private Limited
HPL Electronics has one previous CIN (Corporate Identification Number): U74899DL1994PTC007504. The current CIN is U74899DL1974PTC007504, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1974PTC007504 | Current |
| U74899DL1994PTC007504 | Previous |
News related to HPL Electronics Private Limited
Recent Activity on HPL Electronics Private Limited
HPL Electronics Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Gautam Seth ceased to be Additional Director on 29 Sep 2012.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for HPL Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by HPL Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of HPL Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of HPL Electronics Private Limited
HPL Electronics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACH0774P1Z5 | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of HPL Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about HPL Electronics Private Limited
HPL Electronics is an active private limited company based in New, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 October 1974 (52+ years old) and is registered under CIN U74899DL1974PTC007504.
HPL Electronics reported revenue of ₹1.22 Cr for FY 2025 (up 2% YoY).
HPL Electronics has 3 current directors:
- Lalit Seth - Director
- Rishi Seth - Director
- Gautam Seth - Director
HPL Electronics reported a net profit of ₹12.13 Lakh (net margin 9.9%) and EBITDA of ₹1.16 Cr (EBITDA margin 94.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HPL Electronics is 85% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HPL Electronics is 09AAACH0774P1Z5, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of HPL Electronics is U74899DL1974PTC007504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HPL Electronics has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
HPL Electronics was incorporated on 31 October 1974, making it 52+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of HPL Electronics by revenue are Neo-Neon Electrical Private Limited, Vinsure Energy India Private Limited, Karan Sales Private Limited, Imetrix Vision Technology India Private Limited, Parma International Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Gautam Seth ceased to be Additional Director on 29 Sep 2012. Rishi Seth ceased to be Additional Director on 29 Sep 2012. Gautam Seth was appointed as Director on 30 Jun 2012. HPL Electronics has 6 board changes on record in total.