HBR Solar Private Limited
About HBR Solar Private Limited
Data last updated:
HBR Solar Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Applied Solar Technologies (India) Private Limited. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120DL2011PTC447466. Its GSTIN is 08AACCH8110K1ZL (Rajasthan). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kapil Kumar Kathpalia and Vinod Kumar Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 5 Saraswati House, Naraina Industrial Area Phase II, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.59 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹4.54 Cr (net margin -12.4%) and EBITDA of ₹4.57 Cr (EBITDA margin 12.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2021. Its 10 peer companies in the Outsourcing industry (HR Outsourcing) are compared by revenue, 5 larger and 5 smaller; the largest is Harbir Singh Contractor Private Limited with revenue of ₹36.94 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of HBR Solar Private Limited
HBR Solar has one previous CIN (Corporate Identification Number): U74120UP2011PTC048055. The current CIN is U74120DL2011PTC447466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120DL2011PTC447466 | Current |
| U74120UP2011PTC048055 | Previous |
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- Registered AddressA – 5 Saraswati House, Naraina Industrial Area Phase II, New Delhi, Delhi, India – 110028
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
Business Activity of HBR Solar Private Limited
The main business activity of HBR Solar is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of HBR Solar Private Limited FY 2025 filings available
HBR Solar Private Limited reported revenue of ₹36.59 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HBR Solar Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 14% fall in the latest year. EBITDA rose 146% 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 HBR Solar 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 | ₹4.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.54 Cr | •••• | •••• | •••• | •••• |
| 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 HBR Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.4% | •••• | •••• | •••• | •••• |
| 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 HBR Solar 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.
Board of Directors of HBR Solar Private Limited
HBR Solar has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Kumar Kathpalia Also directs: Applied Solar Projects Private Limited, Applied Energy Technologies Private Limited, Ast Telecom Solar Private Limited and 1 more | Director | 27 Mar 2021 | 5 Years 6 Months | Current |
| Vinod Kumar Agarwal | Director | 27 Mar 2021 | 5 Years 6 Months | Current |
Peer Comparison of HBR Solar Private Limited
HBR Solar Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harbir Singh Contractor Private Limited | ₹36.94 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Gautam Budh Nagar, Uttar Pradesh, India |
| Ujjawal Management Services Private Limited | ₹36.84 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Amiga Informatics Private Limited | ₹36.83 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Noida, Uttar Pradesh, India |
| Implenia Services and Solutions Private Limited | ₹36.82 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Pyramid Facility Management Services (Ind.) Private Limited | ₹36.72 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| HBR Solar Private Limited this company | ₹36.59 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Shrmer HR & Staffing Solutions Private Limited | ₹36.51 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Thane, Maharashtra, India |
| Intraglobe Online Trade Limited | ₹36.51 Cr (FY 2021) | •••• | •••• | 27.0% | •••• | Delhi, India |
| SSD Management Services Private Limited | ₹36.5 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Ahmedabad, Gujarat, India |
| Peoplepro Management Services Private Limited | ₹36.47 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Kolkata, West Bengal, India |
| Isgs India Private Limited | ₹36.46 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Lakhimpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below HBR Solar by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of HBR Solar Private Limited
HBR Solar Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of HBR Solar Private Limited
HBR Solar Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Applied Energy Technologies Private Limited , Applied Solar Technologies (India) Private Limited & Kapil Kumar Kathpalia Seller: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of HBR Solar Private Limited
HBR Solar Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by RPF Commissioner | Pending |
| Allahabad High Court | Court case (ARPL) | Filed against the company by an individual | Disposed |
Full case history
All 2 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.
MSME Payment Delays by HBR Solar Private Limited
HBR Solar Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pe Upskill LLP | •••• | •••• | •••• |
| JMD Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at HBR Solar Private Limited
Employment history and EPFO contributions of people linked to HBR Solar.
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.
Recent Activity on HBR Solar Private Limited
HBR Solar Private Limited has 13 board changes on record since 2012: 2 appointments and 11 cessations. The latest: Rajiv Kumar Goyal ceased to be Additional Director on 11 Jul 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for HBR Solar 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.
Subsidiaries & Group Companies of HBR Solar 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 HBR Solar Private Limited
HBR Solar has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCH8110K1ZL | Rajasthan | Active | 01 Jul 2017 |
| 09AACCH8110K1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AACCH8110K1Z0 | Bihar | Active | 01 Jul 2017 |
| 20AACCH8110K1ZZ | Jharkhand | Active | 26 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 HBR Solar 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 HBR Solar Private Limited
HBR Solar is an active private limited company based in New Delhi, Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 December 2011 (15+ years old) and is registered under CIN U74120DL2011PTC447466.
HBR Solar reported revenue of ₹36.59 Cr for FY 2025 (down 14% YoY).
HBR Solar has 2 current directors:
- Kapil Kumar Kathpalia - Director
- Vinod Kumar Agarwal - Director
HBR Solar reported a net loss of ₹4.54 Cr (net margin -12.4%) and EBITDA of ₹4.57 Cr (EBITDA margin 12.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HBR Solar is -3% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HBR Solar is 08AACCH8110K1ZL, registered in Rajasthan. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 09AACCH8110K1ZJ (Uttar Pradesh), 10AACCH8110K1Z0 (Bihar), 20AACCH8110K1ZZ (Jharkhand).
The CIN (Corporate Identification Number) of HBR Solar is U74120DL2011PTC447466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HBR Solar has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the high courts.
HBR Solar was incorporated on 26 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
HBR Solar has 1 deal on record (1 secondary share transfer); the latest was in March 2021.
The peers of HBR Solar by revenue are Harbir Singh Contractor Private Limited, Ujjawal Management Services Private Limited, Amiga Informatics Private Limited, Implenia Services and Solutions Private Limited, Pyramid Facility Management Services (Ind.) Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Rajiv Kumar Goyal ceased to be Additional Director on 11 Jul 2025. Rajeev Kohli ceased to be Director on 30 Jun 2023. Kapil Kumar Kathpalia ceased to be Additional Director on 30 Sep 2021. HBR Solar has 13 board changes on record in total.