About HMD Mobile India Private Limited
Data last updated:
HMD Mobile India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hmd Global Oy. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC347091. Its GSTIN is 07AADCH9938G1Z9 (Delhi). The company holds 27 GST registrations, of which 24 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Rahul Kumar Chauhan and Jean Francois Baril.
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 607 6th Floor Ansal Chamber – II, 6 Bikajicama Place, New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,453.9 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹55.3 Cr (net margin 3.8%) and EBITDA of ₹75.5 Cr (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
The company has about 68 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: HMD Global and HMD Global Oy. As per MCA filings, the company has open charges of ₹24 Lakh on record. Court records list 6 cases involving the company, including 6 filed by the company. The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in April 2017. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Mobile), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is Great Eastern Hire Purchase Private Limited with revenue of ₹1,571.98 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 135 overdue payments to 35 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hmd.com.
Company details
CIN history
HMD Mobile India has one previous CIN (Corporate Identification Number): U74999HR2016PTC066043. The current CIN is U74999DL2016PTC347091, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL2016PTC347091 | Current |
| U74999HR2016PTC066043 | Previous |
Contact details
HMD Mobile India Private Limited's registered office is in New Delhi, Delhi. Its website is hmd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address607 6th Floor Ansal Chamber – II, 6 Bikajicama Place, New Delhi, Delhi, India – 110066
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of HMD Mobile India 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
Brands
HMD Mobile India operates two associated brands: HMD Global and HMD Global Oy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile technologies for Nokia are manufactured and supplied globally. | hmdglobal.com | |
| Manufacturer of android smartphones and feature phones, offering a range of devices with customizable and repairable designs, as well as a suite of solutions for business and individual users | hmd.com |
Business activity
The main business activity of HMD Mobile India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of HMD Mobile India Private Limited, buy the company report.
Financials of HMD Mobile India Private Limited
FY 2025 filings availableHMD Mobile India Private Limited reported revenue of ₹1,453.9 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 20% fall in the latest year. EBITDA fell 37% 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 | ₹75.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.3 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 | 5.2% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 HMD Mobile India Private Limited, buy the company report.
Board of directors of HMD Mobile India Private Limited
HMD Mobile India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Kumar Chauhan Also directs: Lasin Plastics and Metals India Private Limited, Laun Technology Private Limited, CTS India Private Limited and 5 more | Director | 07 May 2021 | 5 Years 5 Months | Current |
| Jean Francois Baril | Director | 25 May 2020 | 6 Years 5 Months | Current |
Peer comparison
HMD Mobile India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Mobile), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Great Eastern Hire Purchase Private Limited | ₹1,571.98 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| B New Mobiles Private Limited | ₹1,486.66 Cr (FY 2025) | 31.0% | Nellore, Andhra Pradesh, India | |||
| HMD Mobile India Private Limitedthis company | ₹1,453.9 Cr (FY 2025) | ₹55.3 Cr | 3.8% | -20.0% | 68 | New Delhi, Delhi, India |
| Darling Digital World Private Limited | ₹1,304.89 Cr (FY 2024) | 34.0% | Vellore, Tamil Nadu, India |
To see the full peer comparison of HMD Mobile India Private Limited, buy the company report.
Auditor
HMD Mobile India Private Limited is audited by Price Waterhouse Cha r t e r ed Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Cha r t e r ed Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of HMD Mobile India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HMD Mobile India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2017 | 100112269 | Citi Bank N.A. | ₹4 Lakh | Open | |
| 10 Feb 2017 | 100113341 | Others | ₹20 Lakh | Open |
To see the full charge records of HMD Mobile India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
HMD Mobile India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in April 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Funding round | ₹99 Lakh | Investors: Hmd Global Oy |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HMD Mobile India Private Limited has 6 court cases on record: 6 filed by HMD Mobile India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (CRR) | Filed by the company against State of Haryana | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The State Tax Officer, and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State Tax Officer, and 1 other | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income-Tax Circle 10(1), Delhi & Ors. | Disposed |
To see the full case history of HMD Mobile India 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
HMD Mobile India Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 135 overdue payments to 35 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 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amrg & Associates | |||
| PVR Systems Private Limited | |||
| an individual supplier | |||
| Robinsons Global Logistics Solutions Private Limited | |||
| Arg & Co LLP |
To see the full MSME payment records of HMD Mobile India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
HMD Mobile India Private Limited has a workforce of 68 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
HMD Mobile India has 27 GST registrations: 24 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCH9938G1Z9 | Delhi | Active | 01 Jul 2017 |
| 02AADCH9938G1ZJ | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AADCH9938G1ZH | Punjab | Active | 01 Jul 2017 |
| 04AADCH9938G1ZF | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HMD Mobile India Private Limited, buy the company report.
Recent activity
HMD Mobile India Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Rahul Kumar Chauhan ceased to be Additional Director on 29 Nov 2021.
2 earlier events are in the company report.
News
Frequently asked questions
HMD Mobile India is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 October 2016 (10+ years old) and is registered under CIN U74999DL2016PTC347091.
HMD Mobile India has 2 current directors:
- Rahul Kumar Chauhan - Director
- Jean Francois Baril - Director
The latest financial statements of HMD Mobile India 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 FY 2017 are in the company report.
The GSTIN of HMD Mobile India is 07AADCH9938G1Z9, registered in Delhi. The company has 27 GST registrations in all, of which 24 are active and 3 are cancelled or inactive. Other active GSTINs include 02AADCH9938G1ZJ (Himachal Pradesh), 03AADCH9938G1ZH (Punjab), 04AADCH9938G1ZF (Chandigarh).
The CIN (Corporate Identification Number) of HMD Mobile India is U74999DL2016PTC347091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HMD Mobile India has 6 court cases on record: 6 filed by the company. Most are in the high courts.
HMD Mobile India was incorporated on 07 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
HMD Mobile India has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in April 2017.
The peers of HMD Mobile India by revenue are Great Eastern Hire Purchase Private Limited, B New Mobiles Private Limited, Darling Digital World Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Mobile), with the same principal business activity (retail trading).
Rahul Kumar Chauhan ceased to be Additional Director on 29 Nov 2021. Madan Singh ceased to be Director on 10 May 2021. Rahul Kumar Chauhan was appointed as Director on 07 May 2021. HMD Mobile India has 8 board changes on record in total.
HMD Mobile India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 135 overdue payments to 35 micro and small suppliers. The latest return was filed on 30 Apr 2024.
HMD Mobile India can be reached through the website hmd.com. Its registered office is in New Delhi, Delhi, India.
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.
