MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0008128
H.R. Solar Solution Private Limited - energy and power in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹191.77 Cr
▲ 4% YoY
Net profit · FY 2025
₹6.14 Cr
Net margin 3.2%
EBITDA · FY 2025
₹12.53 Cr
EBITDA margin 6.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.23 Cr
Issued & subscribed
Open charges
₹53.66 Cr
Satisfied ₹57.3 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
115
Provident fund records
About H.R. Solar Solution Private Limited
Data last updated:
H.R. Solar Solution Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 04 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U40108WB2011PTC162243. Its GSTIN is 19AACCH6466J1Z5 (West Bengal). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.23 Cr. It is led by directors including Ambarish Bangur and Madan Gopal Bangur.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Room No. 102 14 Netaji Subhas Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹191.77 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹6.14 Cr (net margin 3.2%) and EBITDA of ₹12.53 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 37% over five years.
The company has about 115 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HR Solar. As per MCA filings, the company has open charges of ₹53.66 Cr and satisfied charges of ₹57.3 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
H.R. Solar Solution Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0008128). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hrsolarsolution.com.
Company details
CIN U40108WB2011PTC162243
Registration Number 162243
Incorporation Date 04 May 2011
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0008128
Key People
Ambarish Bangur Director Michel Jacques Dijoux Nominee Director Madan Gopal Bangur Director Recognitions & Rankings of H.R. Solar Solution
Contact details
H.R. Solar Solution Private Limited's registered office is in Kolkata, West Bengal. Its website is hrsolarsolution.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Room No. 102 14 Netaji Subhas Road, Kolkata, West Bengal, India – 700001
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of H.R. Solar Solution Private Limited, buy the company report.
Comprehensive company report
H.R. Solar Solution 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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Secure checkout · GST invoice included
Brands
H.R. Solar Solution operates one associated brand: HR Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality solar panels and provides installation services. | hrsolarsolution.com |
Business activity
The main business activity of H.R. Solar Solution is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of H.R. Solar Solution Private Limited, buy the company report.
Financials of H.R. Solar Solution Private Limited
FY 2025 filings availableH.R. Solar Solution Private Limited reported revenue of ₹191.77 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹191.77 Cr ▲ 4%
Net profit · FY 2025
₹6.14 Cr margin 3.2%
EBITDA · FY 2025
₹12.53 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 38%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 37%
5 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 4% growth in the latest year. EBITDA rose 61% 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 | ₹191.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.14 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 | 6.5% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 H.R. Solar Solution Private Limited, buy the company report.
Board of directors of H.R. Solar Solution Private Limited
H.R. Solar Solution has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambarish Bangur Also directs: Bangur Trafin Pvt. Ltd., Amvi Tradecom LLP | Director | 04 May 2011 | 15 Years 5 Months | Current |
| Michel Jacques Dijoux | Nominee Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Madan Gopal Bangur | Director | 30 Jan 2014 | 12 Years 8 Months | Current |
| Rahul Bangur Also directs: Amvi Tradecom LLP, R.D.D. Paperplast Pvt. Ltd. | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
H.R. Solar Solution Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Microtek Shivalik Industries Private Limited | ₹194.23 Cr (FY 2022) | New Delhi, Delhi, India | ||||
| Govik Industries Private Limited | ₹194.11 Cr (FY 2024) | 105.0% | Mumbai, Maharashtra, India | |||
| Leoch Super Power India Private Limited | ₹191.9 Cr (FY 2025) | 14.0% | Bhiwadi, Rajasthan, India | |||
| H.R. Solar Solution Private Limitedthis company | ₹191.77 Cr (FY 2025) | ₹6.14 Cr | 3.2% | 4.0% | 115 | Kolkata, West Bengal, India |
| Servokon Systems Limited | ₹190.65 Cr (FY 2025) | 34.0% | Delhi, India | |||
| Gatsby Merchandise Private Limited | ₹189.21 Cr (FY 2016) | -35.0% | Thane, Maharashtra, India | |||
| Maharashtra Electro-Mechanical Works Private Limited | ₹188.63 Cr (FY 2024) | -3.0% | Maharashtra, India |
To see the full peer comparison of H.R. Solar Solution Private Limited, buy the company report.
Auditor
H.R. Solar Solution Private Limited is audited by Sharma Subhash & Company for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharma Subhash & Company | FY 2025 | 328958E |
Shareholding
The shareholding of H.R. Solar Solution Private 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 H.R. Solar Solution Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53.66 Cr
Satisfied charges
₹57.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2023 | 100829894 | Axis Bank Limited | ₹28.16 Cr | Open | |
| 29 Nov 2022 | 100654315 | Others | ₹25.5 Cr | Open | |
| 28 Jul 2020 | 100365030 | Hdfc Bank Limited | ₹17.91 Cr | Satisfied | |
| 29 Jan 2020 | 100326248 | Hdfc Bank Limited | ₹17.91 Cr | Satisfied | |
| 13 Nov 2019 | 100300220 | Others | ₹8.13 Cr | Satisfied |
To see the full charge records of H.R. Solar Solution Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
H.R. Solar Solution Private Limited has 3 court cases on record: 3 filed by H.R. Solar Solution. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S. Acesolar Renewable Energy LLP. and 2 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Annapurna Export and 2 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S. Annapurna Export | Disposed |
To see the full case history of H.R. Solar Solution 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 H.R. Solar Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
H.R. Solar Solution Private Limited has a workforce of 115 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
Employee count
115
Active EPFO establishments
1
Employee growth
22.34%
GST
H.R. Solar Solution has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCH6466J1Z5 | West Bengal | Active | 01 Jul 2017 |
| 22AACCH6466J1ZI | Chattisgarh | Active | 17 Oct 2023 |
To see the full GST registrations and return filing status of H.R. Solar Solution Private Limited, buy the company report.
Recent activity
H.R. Solar Solution Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Rahul Bangur was appointed as Director on 10 Jun 2025.
Charges
A charge with Axis Bank Limited of Rs. 28.16 Cr registered on 29 Nov 2023 with Charge ID 100829894 was modified on 19 Nov 2025.
AGM
H.R. Solar Solution Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Appointed
Rahul Bangur was appointed as Director.
Filing
H.R. Solar Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Others of Rs. 25.50 Cr registered on 29 Nov 2022 with Charge ID 100654315 was modified on 26 Feb 2025.
Charges
A charge registered on 28 Jul 2020 via Charge ID 100365030 with Hdfc Bank Limited was fully satisfied on 01 Aug 2024.
Charges
A charge registered on 29 Jan 2020 via Charge ID 100326248 with Hdfc Bank Limited was fully satisfied on 01 Aug 2024.
Charges
A charge registered on 25 Jul 2019 via Charge ID 100282331 with Others was fully satisfied on 03 Apr 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 28.16 Cr with Charge ID 100829894 was registered on 29 Nov 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 17.91 Cr registered on 28 Jul 2020 with Charge ID 100365030 was modified on 29 Apr 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 17.91 Cr registered on 29 Jan 2020 with Charge ID 100326248 was modified on 29 Apr 2023.
Charges
A charge with Others amounted to Rs. 25.50 Cr with Charge ID 100654315 was registered on 29 Nov 2022.
18 earlier events are in the company report.
Frequently asked questions
H.R. Solar Solution is an active private limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 04 May 2011 (15+ years old) and is registered under CIN U40108WB2011PTC162243.
H.R. Solar Solution has 4 current directors:
- Ambarish Bangur - Director
- Michel Jacques Dijoux - Nominee Director
- Madan Gopal Bangur - Director
- Rahul Bangur - Director
The latest financial statements of H.R. Solar Solution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of H.R. Solar Solution is 19AACCH6466J1Z5, registered in West Bengal. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 22AACCH6466J1ZI (Chattisgarh).
The CIN (Corporate Identification Number) of H.R. Solar Solution is U40108WB2011PTC162243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H.R. Solar Solution has 3 court cases on record: 3 filed by the company. 2 are pending.
H.R. Solar Solution was incorporated on 04 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of H.R. Solar Solution by revenue are Microtek Shivalik Industries Private Limited, Govik Industries Private Limited, Leoch Super Power India Private Limited, Servokon Systems Limited, Gatsby Merchandise Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rahul Bangur was appointed as Director on 10 Jun 2025. Michel Jacques Dijoux was appointed as Nominee Director on 22 Aug 2022. Vishal Sharma ceased to be Additional Director on 18 Jul 2014. H.R. Solar Solution has 6 board changes on record in total.
Yes, H.R. Solar Solution is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0008128).
H.R. Solar Solution can be reached through the website hrsolarsolution.com. Its registered office is in Kolkata, West Bengal, India.