- #141 Manohar Lal Agarwal & family ₹25,400 Cr
- #154 Madhusudan Agarwal & family ₹24,100 Cr

About HR Bakers Private Limited
Data last updated:
HR Bakers Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 15 May 2017 and has been in existence for over 9 years.
Its director Manohar Lal Agarwal and family are #141 among India's richest people (2026). Its director Madhusudan Agarwal and family are #154 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U15127HR2017PTC118713. Its GSTIN is 07AAECH1855P1Z5 (Delhi). The company holds 3 GST registrations, of which 2 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 including Madhu Sudan Agarwal and Manohar Lal Agarwal.
Its last annual general meeting (AGM) was held on 06 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹17 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹58.36 Lakh (net margin -343.3%) and EBITDA of -₹5.39 Lakh (EBITDA margin -31.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 39% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2018. Its 4 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 3 smaller; the largest is Banvari Foods Private Limited with revenue of ₹17.39 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haldiram.com.
Company details
CIN history
HR Bakers has one previous CIN (Corporate Identification Number): U15127DL2017PTC317466. The current CIN is U15127HR2017PTC118713, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15127HR2017PTC118713 | Current |
| U15127DL2017PTC317466 | Previous |
Recognitions & Rankings of HR Bakers
Contact details
HR Bakers Private Limited's registered office is in Gurgaon, Haryana. Its website is haldiram.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHaldiram – Village Kherki Daula, Delhi Jaipur Highway, Gurgaon, Haryana, India – 122001
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of HR Bakers 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 HR Bakers is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of HR Bakers Private Limited, buy the company report.
Financials of HR Bakers Private Limited
FY 2025 filings availableHR Bakers Private Limited reported revenue of ₹17 Lakh (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 17% fall in the latest year. EBITDA fell 285% 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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| EBITDA | -₹5.39 Lakh | ||||
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| Net Profit (PAT) | -₹58.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -31.7% | ||||
| Net Profit Margin | -343.3% | ||||
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To see the full financial statements and ratios of HR Bakers Private Limited, buy the company report.
Board of directors of HR Bakers Private Limited
HR Bakers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Sudan Agarwal Also directs: Ara Agarwal Family Offices LLP, Haldi Ram Products Private Limited, Haldiram India Private Limited and 1 more | Director | 15 May 2017 | 9 Years 5 Months | Current |
| Manohar Lal Agarwal Also directs: Ara Agarwal Family Offices LLP, Haldiram India Private Limited, Haldiram Snacks Private Limited and 5 more | Director | 15 May 2017 | 9 Years 5 Months | Current |
| Ashish Agarwal Also directs: Haldiram India Private Limited, Haldiram Snacks Private Limited, Bright Agrotech Private Limited and 5 more | Director | 15 May 2017 | 9 Years 5 Months | Current |
Peer comparison
HR Bakers Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Banvari Foods Private Limited | ₹17.39 Lakh (FY 2025) | -49.0% | Secunderabad, Telangana, India | |||
| HR Bakers Private Limitedthis company | ₹17 Lakh (FY 2025) | -₹58.36 Lakh | -343.3% | -17.0% | 3 | Gurgaon, Haryana, India |
| Devils Cafe & Bakery Private Limited | ₹16.99 Lakh (FY 2024) | 11950.0% | Adipur, Gujarat, India | |||
| Perfect Bazar Private Limited | ₹16.96 Lakh (FY 2021) | 12.0% | Madhubani, Bihar, India | |||
| Chocodusk Gifts Private Limited | ₹16.75 Lakh (FY 2021) | -81.0% | Umargam, Gujarat, India |
To see the full peer comparison of HR Bakers Private Limited, buy the company report.
Auditor
HR Bakers Private Limited is audited by P. R. Kumar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. R. Kumar & Co. | FY 2023 | 003186N |
Shareholding
The shareholding of HR Bakers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HR Bakers Private Limited, buy the company report.
Deals & funding
HR Bakers Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Aug 2017 | Rights issue | ₹99 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HR Bakers Private Limited has 1 court case on record: 1 filed by HR Bakers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of HR Bakers 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 HR Bakers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HR Bakers Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
HR Bakers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECH1855P1Z5 | Delhi | Active | 12 Sep 2017 |
| 09AAECH1855P1Z1 | Uttar Pradesh | Active | 20 Sep 2017 |
To see the full GST registrations and return filing status of HR Bakers Private Limited, buy the company report.
Recent activity
HR Bakers Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Ashish Agarwal was appointed as Director on 15 May 2017.
Frequently asked questions
HR Bakers is an active private limited company based in Gurgaon, Haryana, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 15 May 2017 (9+ years old) and is registered under CIN U15127HR2017PTC118713.
HR Bakers has 3 current directors:
- Madhu Sudan Agarwal - Director
- Manohar Lal Agarwal - Director
- Ashish Agarwal - Director
The latest financial statements of HR Bakers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 December 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of HR Bakers is 07AAECH1855P1Z5, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAECH1855P1Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of HR Bakers is U15127HR2017PTC118713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HR Bakers has 1 court case on record: 1 filed by the company.
HR Bakers was incorporated on 15 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Haryana.
HR Bakers has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2018.
The peers of HR Bakers by revenue are Banvari Foods Private Limited, Devils Cafe & Bakery Private Limited, Perfect Bazar Private Limited, Chocodusk Gifts Private Limited, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Ashish Agarwal was appointed as Director on 15 May 2017. Madhu Sudan Agarwal was appointed as Director on 15 May 2017. Manohar Lal Agarwal was appointed as Director on 15 May 2017.
HR Bakers can be reached through the website haldiram.com. Its registered office is in Gurgaon, Haryana, India.

