About Matrix Clothing
Matrix Clothing is a Retail company based in Gurugram (India) founded in 1980, and was acquired by Gokaldas Exports in March 2024. Wholesaler of garment products. The company has 5,386 employees. Its Indian entity Matrix Clothing Private Limited reported revenue of βΉ653 Cr. Its focus areas include Wholesalers.
Company details
Matrix Clothing, founded in 1980 in Gurugram, India, focuses on engaging in retail operations, and wholesalers. Wholesaler of garment products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Gurugram, India
- Employees 5,386
- Stage Acquired
- SectorsRetail
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website matrixclothing.in
- Social LinkedIn
- Acquired by Gokaldas Exports (Mar 2024)
- Legal Name Matrix Clothing Private Limited
- Date of Incorporation 16 Aug, 1977
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹653 Cr
FY 2024 · -36% YoY
- Net Profit₹353 Cr
FY 2024 · 54% margin
- EBITDA₹485 Cr
FY 2024 · 74% margin
- Investors
- Employee Count5,386
- Acquired byGokaldas Exports
(Mar 2024)
Associated legal entities of Matrix Clothing
Matrix Clothing is associated with 2 registered companies on The Company Check; the primary company is Matrix Clothing Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Matrix Clothing Private Limited CIN U74899PB1977PTC065729 | Active | 16 Aug 1977 | Gurgaon, Haryana | ₹653 Cr | 5,386 | 3 | View details |
| Matrix Clothing Private Limited CIN U74899HR1977PTC037242 | 16 Aug 1977 | Gurgaon, Haryana, India | View details |
Investors in Matrix Clothing
Matrix Clothing has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gokaldas Exports.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Apparel and clothing are manufactured and exported on contract. | 1979 | gokaldasexports.com | Bengaluru, India |
Investor details for Matrix Clothing
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Board of directors of Matrix Clothing Private Limited (Matrix Clothing)
Matrix Clothing Private Limited is the primary company behind Matrix Clothing. The board of Matrix Clothing Private Limited currently have 2 directors; the longest-serving is Gautam Nair, appointed in 1980. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gautam Nair DIN 00089455 | Director | 01 Jul 1980 | 46 yrs 3 mo | Matrix Clothing Private Limited |
| Rajeev Dhawan DIN 00089432 | Director | 01 Jul 1981 | 45 yrs 3 mo | Matrix Clothing Private Limited |
People of Matrix Clothing
18 people are tracked at Matrix Clothing (11 in leadership, 7 in team); the tracked headcount is 5,386.
| Name | Role | Group |
|---|---|---|
| Owner | Leadership | |
Vipin Gupta | Head Personnel & Administration | Leadership |
Ms.kusum Saini | Head -mis & Internal Audit | Leadership |
Basant Kumar Prasad | Sampling Technical Head | Leadership |
Mrityunjay Singh | Head Operations | Leadership |
| Director | Leadership | |
M. Karthikeyan | Head Engineering Excellence | Leadership |
Arjun Dhawan | Head Merchandising-menswear | Leadership |
Shubha Nivedita Minz | Head Of HR | Leadership |
Dk Srivastava | Chief Financial Officer | Leadership |
Ms.sonia Sharma | Head Merchandising-ladieswear | Leadership |
Shailendra Chauhan | Group Senior Manager - Manufacturing Excellence | Team |
Prasun Tiwary | Center Manager | Team |
Sahil Agarwal | Sr. Manager Merchandising | Team |
Javed Ansari | 3d Apparel Designer | Team |
Deepak Kumar | Manager Industrial Engineering | Team |
Brijesh Kumar | Sr. Manager Quality | Team |
Anirudh Srivastava | Fashion Designer | Team |
Complete people profiles for Matrix Clothing
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Financials of Matrix Clothing
Figures of Matrix Clothing Private Limited, the primary company behind Matrix Clothing, for FY 2024. Revenue was ₹653 Cr (-36% year on year). Net profit was ₹353 Cr (54% margin). EBITDA was ₹485 Cr (74% margin). Revenue has grown at a compounded annual rate of +7% over three years and -5% over five years.
- ₹653 CrRevenue · FY 2024 · -36% YoY
- ₹353 CrNet profit · 54% margin
- ₹485 CrEBITDA · 74% margin
- ₹10.64 CrPaid-up capital
- 5,386Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- -5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Matrix Clothing Private Limited are on its company page.
Detailed financial statements for Matrix Clothing
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Timeline of Matrix Clothing
2 dated milestones of Matrix Clothing across 44 years, from founding to its latest funding, stage changes and deals.
- Founded Matrix Clothing is founded.
- Exit Acquired by Gokaldas Exports.
Web traffic of Matrix Clothing
The website of Matrix Clothing (matrixclothing.in) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 47.6% vs previous month
Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as Matrix Clothing (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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Related news about Matrix Clothing
Complete news archive for Matrix Clothing
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Frequently Asked Questions about Matrix Clothing
Matrix Clothing was founded in 1980.
Matrix Clothing is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Matrix Clothing has 5,386 employees.
The primary company behind Matrix Clothing, Matrix Clothing Private Limited, reported revenue of βΉ653 Cr for FY 2024, down 36% year on year.
Matrix Clothing, founded in 1980 in Gurugram, India, focuses on engaging in retail operations, and wholesalers. Wholesaler of garment products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors. It continues to evolve, meeting industry challenges with strategic approaches.
Matrix Clothing has 1 investor. Key investors include Gokaldas Exports.
Matrix Clothing operates through Matrix Clothing Private Limited.
Yes. Matrix Clothing was acquired by Gokaldas Exports in March 2024.
The legal entities of Matrix Clothing currently have 3 directors, including Rajeev Dhawan, Gautam Nair, Mohan Singh.

