About Matrix Boilers
Matrix Boilers is an Industrial Goods & Manufacturing company based in Pudukkottai (India) founded in 2006. Manufacturing company that produces thermal systems, offering a range of steam boilers and related products. Matrix Boilers has raised $679.93 thousand across 1 funding round from investors including Indrayani Biotech. The company has 4 employees. Its Indian entity Matrix Boilers Private Limited reported revenue of ₹4.30 Cr. Matrix Boilers offers products and services including Boilers and Thermal Systems. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Matrix Boilers was established in 2006 in Pudukkottai, India, within the manufacturing sector focused on energy-efficient thermal systems. Steam boilers with capacities up to 25 TPH are produced by the company, alongside customized solutions for steam generation, process heating, and power applications. Operations are centered in southern India, serving industrial and commercial clients through experienced technical oversight.
- Headquarters Pudukkottai, India
- Employees 4
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website matrixboilers.com
- Legal Name Matrix Boilers Private Limited
- Date of Incorporation 27 Jun, 2006
- Jurisdiction Pudukkottai, Tamil Nadu, India
- Annual Revenue₹4.30 Cr
FY 2025 · +217% YoY
- Net Loss-₹45.7 Lakh
FY 2025 · -11% margin
- EBITDA₹4 Lakh
FY 2025 · 1% margin
- Total Equity Funding$679.93K (USD)
in 1 rounds
- Latest Funding Round$679.93K (USD), Series A
Apr 2021
- Investors
- Employee Count4
Associated legal entities of Matrix Boilers
Matrix Boilers operates through Matrix Boilers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Matrix Boilers Private Limited CIN U28131TN2006PTC060358 | Active | 27 Jun 2006 | Pudukkottai, Tamil Nadu | ₹4.3 Cr | 4 | 3 | View details |
Products & Services of Matrix Boilers
Matrix Boilers offers a comprehensive portfolio of products and services, including Boilers and Thermal Systems.
Energy-saving boilers are produced up to 20 TPH to facilitate steam generation in an economical manner.
These systems are designed to enhance operational efficiency by incorporating better designing techniques for cost reduction.
Funding Insights of Matrix Boilers
Matrix Boilers has successfully raised a total of $679.93K through 1 strategic funding round. The most recent funding activity was a Series A round of $679.93 thousand completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $679,930
- Total Rounds 1
- Last Round Series A — $679,930
- First Round $679,930
(Apr 2021)
- Investors Count 1
All 1 funding rounds of Matrix Boilers with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $679,930 | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Matrix Boilers
Matrix Boilers has secured backing from 1 investor. Prominent investors backing the company include Indrayani Biotech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified crop nutrition and protection solutions are provided for farmers. | 1992 | indrayani.com | Chennai, India |
Investor details for Matrix Boilers
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Matrix Boilers Private Limited (Matrix Boilers)
Matrix Boilers Private Limited is the primary company behind Matrix Boilers. The board of Matrix Boilers Private Limited currently have 3 directors; the longest-serving is Narayanasamy Pandian, appointed in 2006. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narayanasamy Pandian DIN 00834412 | Managing Director | 27 Jun 2006 | 20 yrs 3 mo | Matrix Boilers Private Limited |
| Arthanari Ramasamy Sekar DIN 00834478 | Whole-time director | 27 Jun 2006 | 20 yrs 3 mo | Matrix Boilers Private Limited |
| Ravi Rajappan DIN 01969263 | Additional Director | 14 Jun 2023 | 3 yrs 4 mo | Matrix Boilers Private Limited |
People of Matrix Boilers
1 people are tracked at Matrix Boilers (1 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Matrix Boilers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Matrix Boilers
Figures of Matrix Boilers Private Limited, the primary company behind Matrix Boilers, for FY 2025. Revenue was ₹4.30 Cr (+217% year on year). Net loss was -₹45.7 Lakh (-11% margin). EBITDA was ₹4 Lakh (1% margin). Revenue has grown at a compounded annual rate of +2420% over three years and +82% over five years.
- ₹4.30 CrRevenue · FY 2025 · +217% YoY
- -₹45.7 LakhNet loss · -11% margin
- ₹4 LakhEBITDA · 1% margin
- ₹80 LakhPaid-up capital
- 4Employees (provident fund records)
- +2420%Revenue CAGR, 3 years
- +82%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Matrix Boilers Private Limited are on its company page.
Detailed financial statements for Matrix Boilers
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Matrix Boilers
2 dated milestones of Matrix Boilers across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Matrix Boilers is founded.
- Funding First funding round of $680K.
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Matrix Boilers (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Matrix Boilers
Matrix Boilers was founded in 2006 and raised its 1st funding round 15 years after it was founded.
Matrix Boilers is headquartered in Pudukkottai, India. It is registered at Pudukkottai, Tamil Nadu, India.
Matrix Boilers is a funded company, having raised a total of $679.93K across 1 funding round to date. The company's 1st funding round was a Series A of $679.93K, raised on Apr 2021.
Matrix Boilers has 4 employees.
The primary company behind Matrix Boilers, Matrix Boilers Private Limited, reported revenue of ₹4.30 Cr for FY 2025, up 217% year on year.
Matrix Boilers was established in 2006 in Pudukkottai, India, within the manufacturing sector focused on energy-efficient thermal systems. Steam boilers with capacities up to 25 TPH are produced by the company, alongside customized solutions for steam generation, process heating, and power applications. Operations are centered in southern India, serving industrial and commercial clients through experienced technical oversight.
Matrix Boilers offers Boilers and Thermal Systems.
Matrix Boilers has 1 investor. Key investors include Indrayani Biotech.
Matrix Boilers operates through Matrix Boilers Private Limited.
The legal entities of Matrix Boilers currently have 3 directors, including Narayanasamy Pandian, Arthanari Ramasamy Sekar, Ravi Rajappan.