India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,277 Lalit Seth & family ₹1,800 Cr
Revenue · FY 2024
₹28.59 Lakh
▲ 548% YoY
Net profit · FY 2024
₹13.01 Lakh
Net margin 45.5%
EBITDA · FY 2024
₹16.26 Lakh
EBITDA margin 56.9%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1.05 Cr
Issued & subscribed
Open charges
₹5.95 Lakh
Secured borrowings
Company age
70 yrs
Est. 1956
Directors on board
2
As per MCA filings
About HPL Holdings Private Limited
Data last updated:
HPL Holdings Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 24 November 1956 and has been in existence for over 70 years.
Its director Lalit Seth and family are #1,277 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U64200DL1956PTC002736. Its GSTIN is 06AAACH0878E1ZT (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr. It was formerly known as Havell'S Private Limited. It is led by directors 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, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.59 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.01 Lakh (net margin 45.5%) and EBITDA of ₹16.26 Lakh (EBITDA margin 56.9%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 56% over five years.
The company is associated with 1 brand: HPL Electric & Power. As per MCA filings, the company has open charges of ₹5.95 Lakh on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 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.
Company details
CIN U64200DL1956PTC002736
Registration Number 002736
Incorporation Date 24 November 1956
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
HPL Holdings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U64200DL1956PTC002736, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64200DL1956PTC002736 | Current |
| U74899DL1974PTC002736 | Previous |
| U74899DL1956PTC002736 | Previous |
Key People
Lalit Seth Director Rishi Seth Director Recognitions & Rankings of HPL Holdings
Contact details
HPL Holdings Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered Address1/20 Asaf Ali Road, New Delhi, Delhi, India – 110002
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
Comprehensive company report
HPL Holdings Private Limited - one report that includes everything
- 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
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Brands
HPL Holdings operates one associated brand: HPL Electric & Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of electrical equipment products | hplindia.com |
Financials of HPL Holdings Private Limited
FY 2025 filings availableHPL Holdings Private Limited reported revenue of ₹28.59 Lakh (up 548% YoY) for FY 2024.
Revenue · FY 2024
₹28.59 Lakh ▲ 548%
Net profit · FY 2024
₹13.01 Lakh margin 45.5%
EBITDA · FY 2024
₹16.26 Lakh margin 56.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 548%
3 years · compounded
▲ 87%
5 years · compounded
▼ 56%
EBITDA CAGR growth
3 years · compounded
▲ 70%
5 years · compounded
▼ 27%
Revenue rose 548% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 56%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.01 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.9% | ||||
| Net Profit Margin | 45.5% | ||||
| 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 HPL Holdings Private Limited, buy the company report.
Board of directors of HPL Holdings Private Limited
HPL Holdings has 2 directors on record. No former directors are listed.
Current Directors
| 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 | 24 Apr 1971 | 55 Years 6 Months | Current |
| Rishi Seth Also directs: HPL Electric & Power Limited, Sai Advanced Technologies Private Limited, HPL Power Corporation Limited and 4 more | Director | 26 Mar 2001 | 25 Years 7 Months | Current |
Charges & borrowings
Open charges
₹5.95 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 1989 | 90032450 | The Vijaya Bank Ltd. | ₹4.5 Lakh | Open | |
| 21 Jan 1975 | 90031546 | The Vijaya Bank Ltd. | ₹1 Lakh | Open | |
| 09 Nov 1973 | 90031533 | The Vijaya Bank Ltd. | ₹45,000 | Open |
Total charge records: 3 View all charges
Legal cases
HPL Holdings Private Limited has 6 court cases on record: 1 filed by HPL Holdings, 5 filed against it. All cases are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Others | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Havell's Industries | Disposed |
| High Court of Delhi | Court case (TR.P.(C)) | Filed against the company by Havell's Industries | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by an individual | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax Del | Disposed |
To see the full case history of HPL Holdings Private 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 HPL Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HPL Holdings has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACH0878E1ZT | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HPL Holdings Private Limited, buy the company report.
Recent activity
HPL Holdings Private Limited has 2 board changes on record since 1971: 2 appointments. The latest: Rishi Seth was appointed as Director on 26 Mar 2001.
AGM
Hpl Holdings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hpl Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Appointed
Rishi Seth was appointed as Director.
Charges
A charge with The Vijaya Bank Ltd. amounted to Rs. 0.05 Cr with Charge ID 90032450 was registered on 05 Aug 1989.
Charges
A charge with The Vijaya Bank Ltd. amounted to Rs. 0.01 Cr with Charge ID 90031546 was registered on 21 Jan 1975.
Charges
A charge with The Vijaya Bank Ltd. amounted to Rs. 0.00 Cr with Charge ID 90031533 was registered on 09 Nov 1973.
Appointed
Lalit Seth was appointed as Director.
Incorporation
24 Nov 1956
Hpl Holdings Private Limited was registered on 24 Nov 1956 with Roc Delhi Ii & aged 69 years 11 months as per MCA records.
News
Frequently asked questions
HPL Holdings is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 24 November 1956 (70+ years old) and is registered under CIN U64200DL1956PTC002736.
HPL Holdings has 2 current directors:
- Lalit Seth - Director
- Rishi Seth - Director
The latest financial statements of HPL Holdings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of HPL Holdings is 06AAACH0878E1ZT, registered in Haryana. 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 Holdings is U64200DL1956PTC002736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HPL Holdings has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the high courts.
HPL Holdings was incorporated on 24 November 1956, making it 70+ years old. It is registered with the Registrar of Companies, Delhi.
Rishi Seth was appointed as Director on 26 Mar 2001. Lalit Seth was appointed as Director on 24 Apr 1971.
HPL Holdings can be reached through the website hplindia.com. Its registered office is in New Delhi, Delhi, India.
The registered office of HPL Holdings is at 120 Asaf Ali Road, New Delhi, Delhi, India – 110002.
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