
HFM Asset Management Private Limited
About HFM Asset Management Private Limited
Data last updated:
HFM Asset Management Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hfm Solar Power Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 21 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2019PTC351651. Its GSTIN is 07AAECH9551L1Z4 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Om Prakash Jaipuria and Avichal Jain.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 69 Fiee Complex Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.86 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹3.65 Lakh (net margin -4.7%) and EBITDA of -₹2.9 Lakh (EBITDA margin -3.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 54% over five years.
Company details
Contact details
HFM Asset Management Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressA – 69 Fiee Complex Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of HFM Asset Management Private Limited, buy the company report.
- 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 HFM Asset Management is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of HFM Asset Management Private Limited, buy the company report.
Financials of HFM Asset Management Private Limited
FY 2025 filings availableHFM Asset Management Private Limited reported revenue of ₹76.86 Lakh (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 11% growth in the latest year. EBITDA fell 122% 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 | -₹2.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.65 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -4.7% | ||||
| 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 HFM Asset Management Private Limited, buy the company report.
Board of directors of HFM Asset Management Private Limited
HFM Asset Management has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Prakash Jaipuria Also directs: HFM Roof Top Energy Private Limited, HFM Solar (Up-1) Private Limited, HFM Solar (Up-3) Private Limited and 3 more | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
| Avichal Jain Also directs: HFM Solar (Up-1) Private Limited, HFM Solar (Raj-1) Private Limited, HFM Solar (Up-4) Private Limited and 1 more | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
| Dharmendra Jain Also directs: HFM Roof Top Energy Private Limited, HFM Solar (Up-1) Private Limited, HFM Solar Power Limited and 5 more | Director | 21 Jun 2019 | 7 Years 4 Months | Current |
Auditor
HFM Asset Management Private Limited is audited by DHAWAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHAWAN & CO | FY 2021 | 002864N |
Shareholding
The shareholding of HFM Asset Management Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of HFM Asset Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving HFM Asset Management Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HFM Asset Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HFM Asset Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECH9551L1Z4 | Delhi | Active | 29 Aug 2019 |
To see the full GST registrations and return filing status of HFM Asset Management Private Limited, buy the company report.
Recent activity
HFM Asset Management Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Avichal Jain was appointed as Director on 21 Jun 2019.
Frequently asked questions
HFM Asset Management is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 21 June 2019 (7+ years old) and is registered under CIN U40106DL2019PTC351651.
HFM Asset Management has 3 current directors:
- Om Prakash Jaipuria - Director
- Avichal Jain - Director
- Dharmendra Jain - Director
The latest financial statements of HFM Asset Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of HFM Asset Management is 07AAECH9551L1Z4, registered in Delhi.
The CIN (Corporate Identification Number) of HFM Asset Management is U40106DL2019PTC351651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HFM Asset Management was incorporated on 21 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Avichal Jain was appointed as Director on 21 Jun 2019. Dharmendra Jain was appointed as Director on 21 Jun 2019. Om Prakash Jaipuria was appointed as Director on 21 Jun 2019.
The registered office of HFM Asset Management is at A – 69 Fiee Complex Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
HFM Asset Management operates in the environment industry, in the solar energy solutions segment.
HFM Asset Management can be reached at its registered office: A – 69 Fiee Complex Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.

