Matrix Clothing

Gurugram, India Founded: 1980 • Age: 46 yrs Acquired By Gokaldas Exports
Wholesaler of garment products

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 β‚Ή653 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
  • Sectors
    Retail
  • Email
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  • Phone
    β€’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
Operational Areas
Key Metrics
  • 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 Count
    5,386
  • Acquired by

Investors in Matrix Clothing

Matrix Clothing has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gokaldas Exports.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Apparel and clothing are manufactured and exported on contract.
1979gokaldasexports.comBengaluru, India
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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.

DirectorDesignationAppointedTenureEntity
Gautam Nair
DIN 00089455
Director01 Jul 198046 yrs 3 moMatrix Clothing Private Limited
Rajeev Dhawan
DIN 00089432
Director01 Jul 198145 yrs 3 moMatrix 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.

NameRoleGroup
OwnerLeadership
Vipin Gupta
Head Personnel & AdministrationLeadership
Ms.kusum Saini
Head -mis & Internal AuditLeadership
Basant Kumar Prasad
Sampling Technical HeadLeadership
Mrityunjay Singh
Head OperationsLeadership
DirectorLeadership
M. Karthikeyan
Head Engineering ExcellenceLeadership
Arjun Dhawan
Head Merchandising-menswearLeadership
Shubha Nivedita Minz
Head Of HRLeadership
Dk Srivastava
Chief Financial OfficerLeadership
Ms.sonia Sharma
Head Merchandising-ladieswearLeadership
Shailendra Chauhan
Group Senior Manager - Manufacturing ExcellenceTeam
Prasun Tiwary
Center ManagerTeam
Sahil Agarwal
Sr. Manager MerchandisingTeam
Javed Ansari
3d Apparel DesignerTeam
Deepak Kumar
Manager Industrial EngineeringTeam
Brijesh Kumar
Sr. Manager QualityTeam
Anirudh Srivastava
Fashion DesignerTeam
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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.

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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.

  1. Founded Matrix Clothing is founded.
  2. 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 visits
    2.7K

    ▼ 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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
1999Noida, Uttar Pradesh, IndiaUSD 37.24 MUSD 167.23 M6,100
Digital procurement and supply solutions for construction materials are facilitated.
2016Thane, Maharashtra, IndiaUSD 783.57 MUSD 1.43 B2,645
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Related news about 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 β‚Ή653 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.

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