
HR Vaigai Private Limited
About HR Vaigai Private Limited
Data last updated:
HR Vaigai Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hinduja Renewables Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 07 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2021PTC372886. Its GSTIN is 27AAGCH0756B1ZW (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹68.49 Lakh. It is led by directors Natarajan Chandrasekaran and Deepaksingh Chandrasingh Thakur.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.32 Cr. For the same year it recorded a net profit of ₹56.07 Lakh (net margin 7.7%) and EBITDA of ₹6.34 Cr (EBITDA margin 86.6%).
As per MCA filings, the company has satisfied charges of ₹59.7 Cr on record.
Company details
Contact details
HR Vaigai Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No 1 Ground Floor Boston House, Suren Road Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of HR Vaigai 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
Financials of HR Vaigai Private Limited
FY 2025 filings availableHR Vaigai Private Limited reported revenue of ₹7.32 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹6.34 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹56.07 Lakh | |||
| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 86.6% | |||
| Net Profit Margin | 7.7% | |||
| 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 HR Vaigai Private Limited, buy the company report.
Board of directors of HR Vaigai Private Limited
HR Vaigai has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Chandrasekaran Also directs: Aasia Enterprises LLP, HR Saraswati Energy Private Limited, HR Dhauliganga Private Limited and 5 more | Director | 07 Dec 2021 | 4 Years 11 Months | Current |
| Deepaksingh Chandrasingh Thakur Also directs: HR Saraswati Energy Private Limited, HR Dhauliganga Private Limited, HR Ramganga Private Limited and 5 more | Director | 23 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
HR Vaigai Private Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solark Infrasolutions Private Limited | ₹7.46 Cr (FY 2025) | 6981.0% | Surat, Gujarat, India | |||
| Clean Switch India Private Limited | ₹7.45 Cr (FY 2022) | 0.0% | Hyderabad, Telangana, India | |||
| Fpel Radiant Energy Private Limited | ₹7.41 Cr (FY 2024) | 32237.0% | Hyderabad, Telangana, India | |||
| Sunstrength Renewables Private Limited | ₹7.33 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Suncloud Solar Private Limited | ₹7.33 Cr (FY 2025) | 1859.0% | Mumbai, Maharashtra, India | |||
| HR Vaigai Private Limitedthis company | ₹7.32 Cr (FY 2025) | ₹56.07 Lakh | 7.7% | Mumbai, Maharashtra, India | ||
| Radiance MH Sunrise Three Private Limited | ₹7.32 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Samptel Energy Private Limited | ₹7.32 Cr (FY 2023) | 4.0% | Ahmedabad, Gujarat, India | |||
| Terralight Solar Energy Gadna Private Limited | ₹7.3 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Mepgen Solar Private Limited | ₹7.29 Cr (FY 2024) | 275.0% | Bangalore, Karnataka, India | |||
| S. J. Green Park Energy Private Limited | ₹7.29 Cr (FY 2025) | -23.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of HR Vaigai Private Limited, buy the company report.
Auditor
HR Vaigai Private Limited is audited by S R B C & Co Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co Llp | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of HR Vaigai Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of HR Vaigai Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2023 | 100777569 | Idbi Trusteeship Services Limited | ₹59.7 Cr | Satisfied |
To see the full charge records of HR Vaigai Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving HR Vaigai Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HR Vaigai Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HR Vaigai Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
HR Vaigai has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCH0756B1ZW | Maharashtra | Active | 13 Feb 2022 |
| 33AAGCH0756B1Z3 | Tamil Nadu | Active | 27 Sep 2023 |
To see the full GST registrations and return filing status of HR Vaigai Private Limited, buy the company report.
Recent activity
HR Vaigai Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Sumit Pandey ceased to be Director on 30 Sep 2025.
Frequently asked questions
HR Vaigai is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 07 December 2021 (5+ years old) and is registered under CIN U40106MH2021PTC372886.
HR Vaigai has 2 current directors:
- Natarajan Chandrasekaran - Director
- Deepaksingh Chandrasingh Thakur - Director
The latest financial statements of HR Vaigai on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of HR Vaigai is 27AAGCH0756B1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAGCH0756B1Z3 (Tamil Nadu).
The CIN (Corporate Identification Number) of HR Vaigai is U40106MH2021PTC372886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HR Vaigai was incorporated on 07 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of HR Vaigai by revenue are Solark Infrasolutions Private Limited, Clean Switch India Private Limited, Fpel Radiant Energy Private Limited, Sunstrength Renewables Private Limited, Suncloud Solar Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Sumit Pandey ceased to be Director on 30 Sep 2025. Deepaksingh Chandrasingh Thakur was appointed as Director on 23 Sep 2025. Natarajan Chandrasekaran was appointed as Director on 07 Dec 2021. HR Vaigai has 4 board changes on record in total.
The registered office of HR Vaigai is at Unit No 1 Ground Floor Boston House, Suren Road Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
HR Vaigai operates in the environment industry, in the solar energy solutions segment.
HR Vaigai has no open charges and satisfied charges of ₹59.7 Cr as per latest MCA filings.

