About HP India Sales Private Limited
Data last updated:
HP India Sales Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Alpha Holding One B V, The Holding Company. It operates in the computer hardware manufacturing and retail segment of the technology and IT services sector. It was incorporated on 02 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1997PTC022727. Its GSTIN is 29AAACC9862F1ZE (Karnataka). The company holds 26 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹198.45 Cr. It was formerly known as Compaq Computer(India)Private Limited and Hewlett-Packard India Sales Private Limited. It is led by directors Ananda Raghuveer Naik and Swaminathan Deepa.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹24,762 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹776.1 Cr (net margin 3.1%) and EBITDA of ₹997.9 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 15% over five years.
The company has about 1,666 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Print Learn Center and HP. Court records list 184 cases involving the company, including 71 filed by the company and 113 filed against it; 45 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2015. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 3,064 overdue payments to 67 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 hp.com.
Company details
Name history
HP India Sales has undergone 2 name changes throughout its history. The company was previously known as Compaq Computer(India)Private Limited, and Hewlett-Packard India Sales Private Limited. The current legal name is Hp India Sales Private Limited.
| Company Name | Status |
|---|---|
| HP India Sales Private Limited | Current |
| Compaq Computer(India)Private Limited | Previous |
| Hewlett-Packard India Sales Private Limited | Previous |
Contact details
HP India Sales Private Limited's registered office is in Bangalore, Karnataka. Its website is hp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 24 Kothari Arena, Hosur Main Road, Bangalore, Karnataka, India – 560030
- IndustryInformation Technology, Computer Hardware Manufacturing & Retail
To see the full contact details of HP India Sales 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
HP India Sales operates two associated brands: Print Learn Center and HP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hardware, software, and IT services are provided globally to businesses. | hp.com | |
| Educational worksheets and lesson plans are provided by Print Learn Center for children aged 3 to 12 years, focusing on subjects like Maths, Science, and Art. | printlearncenter.com |
Business activity
The main business activity of HP India Sales is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of HP India Sales Private Limited, buy the company report.
Financials of HP India Sales Private Limited
FY 2025 filings availableHP India Sales Private Limited reported revenue of ₹24,762 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 11% growth in the latest year. EBITDA rose 18% 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 | ₹997.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹776.1 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 | 4% | ||||
| Net Profit Margin | 3.1% | ||||
| 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 HP India Sales Private Limited, buy the company report.
Board of directors of HP India Sales Private Limited
HP India Sales has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ananda Raghuveer Naik | Director | 18 Dec 2020 | 5 Years 10 Months | Current |
| Swaminathan Deepa Also directs: HP PPS India Operations Private Limited | Director | 20 Sep 2022 | 4 Years 1 Months | Current |
Auditor
HP India Sales Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2024 | 101049W/E300004 |
Shareholding
The shareholding of HP India Sales Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HP India Sales Private Limited, buy the company report.
Deals & funding
HP India Sales Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Perseus Holding B.V., Alpha Holding One B.V. Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HP India Sales Private Limited has 184 court cases on record: 71 filed by HP India Sales, 113 filed against it. 45 cases are pending and 139 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 112 | 55 | 26 |
| District courts | 55 | 48 | 15 |
| Supreme Court | 16 | 10 | 3 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 184)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against Bangalore and 1 other | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Micromax Media Pvt Ltd | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Television Home Shopping Network Ltd | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S.Private Eye (P) Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Miracle Info-Tech Services Pvt. Ltd | Disposed |
To see the full case history of HP India Sales 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
HP India Sales Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 3,064 overdue payments to 67 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 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Polytec Packins India Private Limited | |||
| Renganayaki Papers Private Limited | |||
| Superpacks Business Solutions LLP | |||
| Intermedia Prints Private Limited | |||
| Bizanekdotes |
To see the full MSME payment records of HP India Sales Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
HP India Sales Private Limited has a workforce of 1,666 employees on its EPFO records as of Aug 21, 2025, across 1 active EPFO establishment.
GST
HP India Sales has 26 GST registrations: 21 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACC9862F1ZE | Karnataka | Active | 01 Jul 2017 |
| 29AAACC9862F2ZD | Karnataka | Active | 21 Oct 2024 |
| 03AAACC9862F1ZS | Punjab | Active | 01 Jul 2017 |
| 04AAACC9862F1ZQ | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HP India Sales Private Limited, buy the company report.
Recent activity
HP India Sales Private Limited has 21 board changes on record since 2007: 2 appointments and 19 cessations. The latest: Swaminathan Deepa ceased to be Additional Director on 30 Sep 2022.
12 earlier events are in the company report.
News
From our blog
Frequently asked questions
HP India Sales is an active private limited company based in Bangalore, Karnataka, India. The company works in computer hardware manufacturing and retail, within the information technology industry. It was incorporated on 02 September 1997 (29+ years old) and is registered under CIN U72200KA1997PTC022727.
HP India Sales has 2 current directors:
- Ananda Raghuveer Naik - Director
- Swaminathan Deepa - Director
The latest financial statements of HP India Sales 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 HP India Sales is 29AAACC9862F1ZE, registered in Karnataka. The company has 26 GST registrations in all, of which 21 are active and 5 are cancelled or inactive. Other active GSTINs include 29AAACC9862F2ZD (Karnataka), 03AAACC9862F1ZS (Punjab), 04AAACC9862F1ZQ (Chandigarh).
The CIN (Corporate Identification Number) of HP India Sales is U72200KA1997PTC022727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HP India Sales has 184 court cases on record: 71 filed by the company and 113 filed against it. 45 are pending. Most are in the high courts.
HP India Sales was incorporated on 02 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
HP India Sales has 1 deal on record (1 secondary share transfer); the latest was in September 2015.
Swaminathan Deepa ceased to be Additional Director on 30 Sep 2022. Anjana Mary Perumal ceased to be Director on 23 Sep 2022. Swaminathan Deepa was appointed as Director on 20 Sep 2022. HP India Sales has 21 board changes on record in total.
HP India Sales has 16 MSME Form 1 returns on record between 2019 and 2024, listing 3,064 overdue payments to 67 micro and small suppliers. The latest return was filed on 01 May 2024.
HP India Sales can be reached through the website hp.com. Its registered office is in Bangalore, Karnataka, India.