HVR Solar Private Limited
₹294▲9.70%(26.00)
About the company
HVR Solar Private Limited is an Indian renewable-energy company engaged in solar PV module manufacturing and solar EPC solutions. Incorporated in February 2016, the company is based in Delhi and has its manufacturing operations in Sonipat, Haryana.
HVR Solar focuses on developing and supplying solar-energy solutions for commercial and industrial customers, while expanding its manufacturing capabilities to participate in India's growing renewable-energy ecosystem.
Business & Key Focus Areas
HVR Solar's key business activities include:
Solar PV module manufacturing
Solar EPC solutions
Commercial & industrial solar projects
Rooftop solar projects
High-efficiency solar modules
Advanced solar technologies
Turnkey solar solutions
The company is also expanding its manufacturing footprint in Sonipat. According to the latest available information, HVR Solar is scaling up towards a 2 GW manufacturing capacity, while a 1.2 GW module manufacturing facility near Murthal, Sonipat was reported to be scheduled for commercial operations in June 2026.
Fundamentals
Valuation
Registry
| Metric | Value |
|---|---|
| PAN number | AADCH8145F |
| ISIN number | INE1NDM01010 |
Figures in cr ·
Financials
| P&L Statement | 2025Latest | 2024 | 2023 |
|---|---|---|---|
| Revenue | 100.5 | 66 | 43 |
| EBITDA | 12.5 | 5.25 | 2.6 |
| OPM | 12.44 | 7.95 | 6.05 |
| PBT | 9.7 | 2 | 0.5 |
| PAT | 7 | 1.39 | 0.35 |
| EPS | 23.33 | 27.8 | 11.29 |
Shareholding Pattern
| Holder | Percentage |
|---|---|
| Harsh Kumar Aggarwal | 50.00% |
| Rishabh Aggarwal | 50.00% |
Leadership
| Name | Role | Experience | |
|---|---|---|---|
| Rishabh Aggarwal | Managing Director, CEO | 10+ yrs experience | |
| Harsh Aggarwal | Director | 10+ yrs experience | — |
Frequently asked questions
Common questions on HVR Solar Private Limited—tap a row to read the answer.
Q.1What is HVR Solar Private Limited?
HVR Solar Private Limited is an Indian renewable-energy company engaged in solar PV module manufacturing and solar EPC solutions.
Q.2When was HVR Solar incorporated?
HVR Solar Private Limited was incorporated in February 2016.
Q.3What does HVR Solar do?
The company manufactures solar PV modules and provides solar EPC and turnkey renewable-energy solutions for commercial, industrial and other applications.
Q.4Which sector does HVR Solar operate in?
HVR Solar operates in the Renewable Energy / Solar Energy sector.
Q.5What are the key products and services of HVR Solar?
Its key activities include:
Solar PV modules
Solar EPC services
Rooftop solar solutions
Commercial & industrial solar projects
High-efficiency solar modules
Advanced solar technologies
Q.6What is the ISIN of HVR Solar?
The ISIN of HVR Solar Private Limited is INE1NDM01010.
Q.7What is the indicative market capitalisation of HVR Solar?
The indicative market capitalisation displayed by UnlistedZone is approximately ₹291 Cr.
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