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. 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.
Company details
CIN history
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 |
Contact details
HBR Solar Private Limited's registered office is in New Delhi, Delhi.
- 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
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of HBR Solar Private Limited, buy the company report.
Financials of HBR Solar Private Limited
FY 2025 filings availableHBR Solar Private Limited reported revenue of ₹36.59 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of HBR Solar Private Limited, buy the company report.
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 7 Months | Current |
| Vinod Kumar Agarwal | Director | 27 Mar 2021 | 5 Years 7 Months | Current |
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HBR Solar Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
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 |
| High Court, UTTARPRADESH | Court case (ARPL) | Filed against the company by an individual | Disposed |
To see the full case history of HBR Solar 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
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 |
To see the full MSME payment records of HBR Solar Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
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 |
To see the full GST registrations and return filing status of HBR Solar Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Kapil Kumar Kathpalia - Director
- Vinod Kumar Agarwal - Director
The latest financial statements of HBR Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
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 district 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.
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.
HBR Solar 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 latest return was filed on 29 Apr 2024.
The registered office of HBR Solar is at A – 5 Saraswati House, Naraina Industrial Area Phase II, New Delhi, Delhi, India – 110028.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
