MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0006794
HFM Solar Power Limited - energy in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹62.18 Cr
▲ 47% YoY
Net profit · FY 2025
₹63.54 Lakh
Net margin 1%
EBITDA · FY 2025
₹10.4 Cr
EBITDA margin 16.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹10.76 Cr
Issued & subscribed
Open charges
₹112.93 Cr
Satisfied ₹22.5 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
6
Provident fund records
About HFM Solar Power Limited
Data last updated:
HFM Solar Power Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Harak Chandra Flour Mills Private Limited. It operates in the transmission and distribution segment of the energy sector. It was incorporated on 01 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U68100DL2008PLC172113. Its GSTIN is 07AABCH9640P1Z1 (Delhi). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.76 Cr. It was formerly known as Hfm Complex Private Limited. It is led by directors including Om Prakash Jaipuria and Rinku Jain.
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 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 ₹62.18 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹63.54 Lakh (net margin 1%) and EBITDA of ₹10.4 Cr (EBITDA margin 16.7%).
The company has about 6 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
The company is associated with 1 brand: HFM Solar. As per MCA filings, the company has open charges of ₹112.93 Cr and satisfied charges of ₹22.5 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
HFM Solar Power Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0006794). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hfmsolar.com.
Company details
CIN U68100DL2008PLC172113
Registration Number 172113
Incorporation Date 01 January 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Harak Chandra Flour Mills Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0006794
Name history
HFM Solar Power has undergone 2 name changes throughout its history. The company was previously known as Hfm Complex Private Limited, and Hfm Solar Power Limited. The current legal name is Hfm Solar Power Limited.
| Company Name | Status |
|---|---|
| HFM Solar Power Limited | Current |
| Hfm Complex Private Limited | Previous |
CIN history
HFM Solar Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68100DL2008PLC172113, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100DL2008PLC172113 | Current |
| U70109DL2008PTC172113 | Previous |
| U40300DL2008PTC172113 | Previous |
Recognitions & Rankings of HFM Solar Power
Contact details
HFM Solar Power Limited's registered office is in New Delhi, Delhi. Its website is hfmsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 69 Fiee Complex, Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryEnergy, Transmission And Distribution, Electric Power Generation
To see the full contact details of HFM Solar Power Limited, buy the company report.
Comprehensive company report
HFM Solar Power 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
HFM Solar Power operates one associated brand: HFM Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers efficient and reliable solar energy solutions for homes and businesses. | hfmsolar.com |
Financials of HFM Solar Power Limited
FY 2025 filings availableHFM Solar Power Limited reported revenue of ₹62.18 Cr (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹62.18 Cr ▲ 47%
Net profit · FY 2025
₹63.54 Lakh margin 1%
EBITDA · FY 2025
₹10.4 Cr margin 16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
EBITDA CAGR growth
1 year
▼ 3%
Revenue rose 47% in the latest year. EBITDA fell 3% in the latest 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 | ₹62.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.54 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 | 16.7% | ||||
| Net Profit Margin | 1% | ||||
| 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 Solar Power Limited, buy the company report.
Board of directors of HFM Solar Power Limited
HFM Solar Power has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Prakash Jaipuria Also directs: HFM Asset Management Private Limited, HFM Roof Top Energy Private Limited, HFM Solar (Up-1) Private Limited and 3 more | Director | 01 Jan 2008 | 18 Years 10 Months | Current |
| Rinku Jain Also directs: HFM Solar (Up-1) Private Limited, HFM Solar (Up-3) Private Limited, Shee Marketing Private Limited and 5 more | Director | 26 Jan 2012 | 14 Years 9 Months | Current |
| Medhir Jain Also directs: HFM Roof Top Energy Private Limited, HFM Solar (Up-3) Private Limited, HFM Solar (Up-2) Private Limited and 4 more | Director | 19 Feb 2016 | 10 Years 8 Months | Current |
| Rajesh Kumar Jain Also directs: Sunkind India Limited | Director | 27 Dec 2024 | 1 Years 10 Months | Current |
| Dharmendra Jain Also directs: HFM Asset Management Private Limited, HFM Roof Top Energy Private Limited, HFM Solar (Up-1) Private Limited and 5 more | Director | 01 Jan 2008 | 18 Years 10 Months | Current |
Peer comparison
HFM Solar Power Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HFM Solar Power Limitedthis company | ₹62.18 Cr (FY 2025) | ₹63.54 Lakh | 1% | 47.0% | 6 | New Delhi, Delhi, India |
| Sei Solarvana Power Private Limited | ₹21.29 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Avesta Solar Private Limited | ₹21.26 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Cse Solar Sunpark Tamil Nadu Private Limited | ₹21.11 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India | |||
| Sei Jyotiswaroop Power Private Limited | ₹21.08 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Aditya Birla Renewables Energy Limited | ₹21.08 Cr (FY 2025) | 102.0% | Mumbai, Maharashtra, India | |||
| Matrix Green Energy Private Limited | ₹20.99 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| Achintya Solar Power Private Limited | ₹20.9 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| TP Saurya Bandita Limited | ₹20.74 Cr (FY 2025) | 252.0% | Mumbai, Maharashtra, India | |||
| Saks Power Private Limited | ₹20.73 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India | |||
| Hindustan Epc-Co Private Limited | ₹20.71 Cr (FY 2025) | 316.0% | New Delhi, Delhi, India |
To see the full peer comparison of HFM Solar Power Limited, buy the company report.
Auditor
HFM Solar Power Limited is audited by Dhawan & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhawan & Co. | FY 2025 | 002864N |
Shareholding
The shareholding of HFM Solar Power Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HFM Solar Power Limited, buy the company report.
Charges & borrowings
Open charges
₹112.93 Cr
Satisfied charges
₹22.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2025 | 101049807 | Idbi Trusteeship Services Limited | ₹15.8 Cr | Open | |
| 27 Jan 2025 | 101049812 | Idbi Trusteeship Services Limited | ₹12.3 Cr | Open | |
| 27 Sep 2024 | 100986527 | State Bank of India | ₹6.7 Cr | Open | |
| 27 May 2024 | 100934002 | State Bank of India | ₹7 Cr | Open | |
| 24 May 2023 | 100741172 | State Bank of India | ₹17 Cr | Open |
To see the full charge records of HFM Solar Power Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
HFM Solar Power Limited has 3 court cases on record: 1 filed by HFM Solar Power, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by Solar Energy Corporation of India | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against Vocational Educational Foundation | Disposed |
| District court, South East, Delhi | Court case (MCD CHL) | Filed against the company by an individual | Disposed |
To see the full case history of HFM Solar Power 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.
Credit ratings & regulatory alerts
HFM Solar Power Limited was last rated by Care on 24 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Feb 2023 |
To see the full credit ratings and regulatory alerts of HFM Solar Power Limited, buy the company report.
MSME payment delays
HFM Solar Power Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 18 overdue payments to 9 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 (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Life Gear Safetech Private Limited | |||
| Lifegear Safetech Private Limited | |||
| Geone Solar Private Limited | |||
| Sunsource Energy Private Limited |
To see the full MSME payment records of HFM Solar Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
HFM Solar Power has 7 subsidiary companies and 1 associated company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
7
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| HFM Solar (Raj- 1) Private Limited | U35105DL2023PTC419066 | |
| HFM Roof Top Energy Private Limited | U40106DL2020PTC364994 | |
| Private Limited | U40106DL2020PTC371906 | |
| Private Limited | U40106DL2022PTC407656 | |
| Private Limited | U68100DL2019PTC345675 | |
| HFM Roof Top Solar Private Limited | U68100DL2019PTC350905 |
To see the full group structure of HFM Solar Power Limited, buy the company report.
Employees & EPFO
HFM Solar Power Limited has a workforce of 6 employees on its EPFO records as of Oct 07, 2025, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
20%
GST
HFM Solar Power has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCH9640P1Z1 | Delhi | Active | 01 Jul 2017 |
| 07AABCH9638M1Z1 | Delhi | Active | 18 Jul 2017 |
| 07AABCH9638M2Z0 | Delhi | Active | 01 Apr 2025 |
| 09AABCH9638M1ZX | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HFM Solar Power Limited, buy the company report.
Recent activity
HFM Solar Power Limited has 9 board changes on record since 2008: 6 appointments and 3 cessations. The latest: Rajesh Kumar Jain was appointed as Director on 27 Dec 2024.
Charges
A charge registered on 12 Jun 2020 via Charge ID 100354462 with Others was fully satisfied on 27 Jan 2026.
Charges
A charge registered on 22 Dec 2020 via Charge ID 100436862 with Hdfc Bank Limited was fully satisfied on 21 Jan 2026.
AGM
Hfm Solar Power Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 30.88 Cr registered on 27 Dec 2021 with Charge ID 100526570 was modified on 12 Sep 2025.
Filing
Hfm Solar Power Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 15.80 Cr with Charge ID 101049807 was registered on 27 Jan 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 12.30 Cr with Charge ID 101049812 was registered on 27 Jan 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 12.30 Cr registered on 27 Jan 2025 with Charge ID 101049812 was modified on 27 Jan 2025.
Appointed
Rajesh Kumar Jain was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 6.70 Cr with Charge ID 100986527 was registered on 27 Sep 2024.
Charges
A charge registered on 27 Dec 2021 via Charge ID 100526571 with State Bank Of India was fully satisfied on 02 Sep 2024.
Charges
A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100934002 was registered on 27 May 2024.
22 earlier events are in the company report.
Frequently asked questions
HFM Solar Power is an active public limited company based in New Delhi, Delhi, India. The company works in transmission and distribution, within the energy industry. It was incorporated on 01 January 2008 (18+ years old) and is registered under CIN U68100DL2008PLC172113.
HFM Solar Power has 5 current directors:
- Om Prakash Jaipuria - Director
- Rinku Jain - Director
- Medhir Jain - Director
- Rajesh Kumar Jain - Director
- Dharmendra Jain - Director
The latest financial statements of HFM Solar Power 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 HFM Solar Power is 07AABCH9640P1Z1, registered in Delhi. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 07AABCH9638M1Z1 (Delhi), 07AABCH9638M2Z0 (Delhi), 09AABCH9638M1ZX (Uttar Pradesh).
The CIN (Corporate Identification Number) of HFM Solar Power is U68100DL2008PLC172113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HFM Solar Power has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
HFM Solar Power was incorporated on 01 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of HFM Solar Power by revenue are Sei Solarvana Power Private Limited, Avesta Solar Private Limited, Cse Solar Sunpark Tamil Nadu Private Limited, Sei Jyotiswaroop Power Private Limited, Aditya Birla Renewables Energy Limited and 5 more, all in the Cleantech industry (Solar Power).
Rajesh Kumar Jain was appointed as Director on 27 Dec 2024. Umesh Kumar was appointed as Company Secretary on 17 Jan 2024. Medhir Jain ceased to be Additional Director on 30 Sep 2016. HFM Solar Power has 9 board changes on record in total.
Yes, HFM Solar Power is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0006794).
HFM Solar Power has 8 MSME Form 1 returns on record between 2019 and 2024, listing 18 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Apr 2024.
HFM Solar Power can be reached through the website hfmsolar.com. Its registered office is in New Delhi, Delhi, India.
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