India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,277 Lalit Seth & family ₹1,800 Cr
Revenue · FY 2025
₹1.22 Cr
▲ 2% YoY
Net profit · FY 2025
₹12.13 Lakh
Net margin 9.9%
EBITDA · FY 2025
₹1.16 Cr
EBITDA margin 94.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.99 Cr
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹64 Cr
Company age
52 yrs
Est. 1974
Directors on board
3
As per MCA filings
About HPL Electronics Private Limited
Data last updated:
HPL Electronics Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 October 1974 and has been in existence for over 52 years.
Its director Lalit Seth and family are #1,277 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1974PTC007504. Its GSTIN is 09AAACH0774P1Z5 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It was formerly known as Havells Electronics Pvt Ltd. It is led by directors including Lalit Seth and Rishi Seth.
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 1/20 Asaf Ali Road, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.22 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹12.13 Lakh (net margin 9.9%) and EBITDA of ₹1.16 Cr (EBITDA margin 94.7%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 33% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹64 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hplindia.com.
Company details
CIN U74899DL1974PTC007504
Registration Number 007504
Incorporation Date 31 October 1974
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
HPL Electronics has one previous CIN (Corporate Identification Number): U74899DL1994PTC007504. The current CIN is U74899DL1974PTC007504, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1974PTC007504 | Current |
| U74899DL1994PTC007504 | Previous |
Recognitions & Rankings of HPL Electronics
Contact details
HPL Electronics Private Limited's registered office is in New Delhi, Delhi. Its website is hplindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1/20 Asaf Ali Road, New Delhi, Delhi, India – 110002
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of HPL Electronics Private Limited, buy the company report.
Comprehensive company report
HPL Electronics Private 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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Financials of HPL Electronics Private Limited
FY 2025 filings availableHPL Electronics Private Limited reported revenue of ₹1.22 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹1.22 Cr ▲ 2%
Net profit · FY 2025
₹12.13 Lakh margin 9.9%
EBITDA · FY 2025
₹1.16 Cr margin 94.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 85%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 124%
5 years · compounded
▲ 43%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 2% growth in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.13 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.7% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of HPL Electronics Private Limited, buy the company report.
Board of directors of HPL Electronics Private Limited
HPL Electronics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Seth Also directs: HPL Electric & Power Limited, HPL Power Corporation Limited, Jesons Implex Pvt Ltd and 3 more | Director | 03 Jul 2003 | 23 Years 3 Months | Current |
| Rishi Seth Also directs: HPL Electric & Power Limited, HPL Power Corporation Limited, Jesons Implex Pvt Ltd and 4 more | Director | 30 May 2012 | 14 Years 4 Months | Current |
| Gautam Seth Also directs: HPL Electric & Power Limited, HPL Power Corporation Limited, Amerex Private Limited and 3 more | Director | 30 Jun 2012 | 14 Years 3 Months | Current |
Auditor
HPL Electronics Private Limited is audited by SAHNI MEHRA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHNI MEHRA & CO. | FY 2022 | 000609N |
Shareholding
The shareholding of HPL Electronics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HPL Electronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
₹64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2023 | 100672267 | Others | ₹15 Cr | Open | |
| 12 Jul 2018 | 100190396 | Others | ₹15 Cr | Satisfied | |
| 01 Jun 2013 | 10429102 | Idbi Bank Limited | ₹40 Cr | Satisfied | |
| 14 Jul 2008 | 10115548 | Hdfc Bank Limited | ₹4 Cr | Satisfied | |
| 14 Aug 2003 | 80013664 | Uco Bank | ₹5 Cr | Satisfied |
To see the full charge records of HPL Electronics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
HPL Electronics Private Limited has 5 court cases on record: 3 filed by HPL Electronics, 2 filed against it. All cases are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| Supreme Court | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2804-Mercantile Laws, Commercial Transactions Including Banking : Trade Marks/Copy Rights/Patents/Design Act) | Filed by the company against Havells (India) Limited Through Director Office Aty 1/7, Ram Kishore Road, Civil Lines, Delhi , District: New Delhi , , Delhi and 2 others | Disposed |
| District court, Puri, Odisha | Civil suit | Filed against the company by an individual | Disposed |
| High Court, UTTARPRADESH | Court case (STRE) | Filed against the company by The Commissioner Commercial Tax U.P. Lko. | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. Thru Secy. and Others | Disposed |
To see the full case history of HPL Electronics 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
No delayed payments to MSME suppliers are on our record for HPL Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
HPL Electronics has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Jesons Implex Pvt Ltd | U74899DL1974PTC005351 |
To see the full group structure of HPL Electronics Private Limited, buy the company report.
Employees & EPFO
HPL Electronics Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
HPL Electronics has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACH0774P1Z5 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HPL Electronics Private Limited, buy the company report.
Recent activity
HPL Electronics Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Gautam Seth ceased to be Additional Director on 29 Sep 2012.
AGM
Hpl Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hpl Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100672267 was registered on 23 Jan 2023.
Charges
A charge registered on 12 Jul 2018 via Charge ID 100190396 with Others was fully satisfied on 12 Feb 2021.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100190396 was registered on 12 Jul 2018.
Charges
A charge registered on 01 Jun 2013 via Charge ID 10429102 with Idbi Bank Limited was fully satisfied on 05 Jul 2018.
Charges
A charge with Idbi Bank Limited amounted to Rs. 40.00 Cr with Charge ID 10429102 was registered on 01 Jun 2013.
Ceased
Gautam Seth ceased to be Additional Director.
Ceased
Rishi Seth ceased to be Additional Director.
Appointed
Gautam Seth was appointed as Director.
Ceased
Praveen Seth ceased to be Director.
Appointed
Rishi Seth was appointed as Director.
8 earlier events are in the company report.
News
Frequently asked questions
HPL Electronics is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 October 1974 (52+ years old) and is registered under CIN U74899DL1974PTC007504.
HPL Electronics has 3 current directors:
- Lalit Seth - Director
- Rishi Seth - Director
- Gautam Seth - Director
The latest financial statements of HPL Electronics 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 HPL Electronics is 09AAACH0774P1Z5, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of HPL Electronics is U74899DL1974PTC007504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HPL Electronics has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.
HPL Electronics was incorporated on 31 October 1974, making it 52+ years old. It is registered with the Registrar of Companies, Delhi.
Gautam Seth ceased to be Additional Director on 29 Sep 2012. Rishi Seth ceased to be Additional Director on 29 Sep 2012. Gautam Seth was appointed as Director on 30 Jun 2012. HPL Electronics has 6 board changes on record in total.
HPL Electronics can be reached through the website hplindia.com. Its registered office is in New Delhi, Delhi, India.
The registered office of HPL Electronics is at 120 Asaf Ali Road, New Delhi, Delhi, India – 110002.