D-Matrix India Private Limited
About D-Matrix India Private Limited
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D-Matrix India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 February 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC157603. Its GSTIN is 29AAJCD0642D1ZW (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.04 Lakh. It is led by directors including Pradipkumar Arunbhai Thaker and Hemanshu Tulsidas Vernenker.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.63 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹4.11 Cr (net margin 11.9%) and EBITDA of ₹5.67 Cr (EBITDA margin 16.4%).
The company has about 13 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressWework Vaishnavi Signature No. 78/9 Outer Ring Road, Bellandur Village Varthur Hobli Bengaluru, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of D-Matrix India Private Limited
The main business activity of D-Matrix India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of D-Matrix India Private Limited FY 2025 filings available
D-Matrix India Private Limited reported revenue of ₹34.63 Cr (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of D-Matrix India Private Limited
Revenue rose 72% in the latest year. EBITDA rose 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of D-Matrix India Private Limited
| 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 | ₹5.67 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.11 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 of D-Matrix India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.4% | •••• | •••• | •••• |
| Net Profit Margin | 11.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of D-Matrix India are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of D-Matrix India Private Limited
D-Matrix India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sakhatech Information Systems Private Limited | ₹34.9 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| I2v Systems Private Limited | ₹34.85 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Rage Communications Private Limited | ₹34.8 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Ticker Limited | ₹34.69 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Mumbai, Maharashtra, India |
| Mize Software Solutions Private Limited | ₹34.68 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| D-Matrix India Private Limited this company | ₹34.63 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Bangalore, Karnataka, India |
| Synise Technologies Limited | ₹34.62 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Accellor Software Private Limited | ₹34.53 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Zygox Infotech Private Limited | ₹34.52 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| First Insight Software Solutions India Private Limited | ₹34.43 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| World Fashion Exchange (India) Private Limited | ₹34.31 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below D-Matrix India by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of D-Matrix India Private Limited
D-Matrix India has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradipkumar Arunbhai Thaker | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Hemanshu Tulsidas Vernenker | Director | 07 Feb 2022 | 4 Years 8 Months | Current |
| Siddharth Chinubhai Sheth | Director | 23 Mar 2022 | 4 Years 6 Months | Current |
| Sudeep Bhoja | Director | 23 Mar 2022 | 4 Years 6 Months | Current |
| Gopichand Bhattaram Also directs: Metier Legal LLP, SSP Cloudguru LLP, Rolling Arrays Technologies India Private Limited and 5 more | Director | 07 Feb 2022 | 4 Years 8 Months | Current |
Charges & Borrowings of D-Matrix India Private Limited
D-Matrix India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at D-Matrix India Private Limited
Employment history and EPFO contributions of people linked to D-Matrix India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on D-Matrix India Private Limited
D-Matrix India Private Limited has 8 board changes on record since 2022: 5 appointments and 3 cessations. The latest: Pradipkumar Arunbhai Thaker ceased to be Additional Director on 29 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for D-Matrix India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by D-Matrix India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of D-Matrix India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of D-Matrix India Private Limited
D-Matrix India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCD0642D1ZW | Karnataka | Active | 19 Mar 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of D-Matrix India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about D-Matrix India Private Limited
D-Matrix India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 February 2022 (4+ years old) and is registered under CIN U72900KA2022PTC157603.
D-Matrix India reported revenue of ₹34.63 Cr for FY 2025 (up 72% YoY).
D-Matrix India has 5 current directors:
- Pradipkumar Arunbhai Thaker - Director
- Hemanshu Tulsidas Vernenker - Director
- Siddharth Chinubhai Sheth - Director
- Sudeep Bhoja - Director
- Gopichand Bhattaram - Director
D-Matrix India reported a net profit of ₹4.11 Cr (net margin 11.9%) and EBITDA of ₹5.67 Cr (EBITDA margin 16.4%) for FY 2025, as per its filed financial statements.
The GSTIN of D-Matrix India is 29AAJCD0642D1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of D-Matrix India is U72900KA2022PTC157603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
D-Matrix India was incorporated on 07 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of D-Matrix India by revenue are Sakhatech Information Systems Private Limited, I2v Systems Private Limited, Rage Communications Private Limited, Ticker Limited, Mize Software Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Pradipkumar Arunbhai Thaker ceased to be Additional Director on 29 Dec 2023. Siddharth Chinubhai Sheth ceased to be Additional Director on 29 Dec 2023. Sudeep Bhoja ceased to be Additional Director on 29 Dec 2023. D-Matrix India has 8 board changes on record in total.
The registered office of D-Matrix India is at Wework Vaishnavi Signature No. 789 Outer Ring Road, Bellandur Village Varthur Hobli Bengaluru, Bangalore, Karnataka, India – 560103.
D-Matrix India has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.04 Lakh.