MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0094062
Boston Matrix Logistics Private Limited - transport and logistics in Koskii, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.71 Cr
▼ 46% YoY
Net loss · FY 2024
₹29.77 Lakh
Net margin -17.4%
EBITDA · FY 2024
₹32.61 Lakh
EBITDA margin 19.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹51 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹3.96 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
5
Provident fund records
About Boston Matrix Logistics Private Limited
Data last updated:
Boston Matrix Logistics Private Limited is a private limited company based in Koskii, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 07 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40100KA2009PTC050864. Its GSTIN is 29AADCB8490M1ZZ (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51 Lakh. It is led by directors Doraiswamy Srikanth and Kunchapu Banuprasad.
Its last annual general meeting (AGM) was held on 02 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Koskii, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.71 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹29.77 Lakh (net margin -17.4%) and EBITDA of ₹32.61 Lakh (EBITDA margin 19.1%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 42% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Boston Matrix Logistics. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹3.96 Cr on record. Court records list 19 cases involving the company, including 1 filed by the company and 18 filed against it; 3 cases are pending.
Boston Matrix Logistics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0094062). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bostonmatrix.net.
Company details
CIN U40100KA2009PTC050864
Registration Number 050864
Incorporation Date 07 September 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0094062
CIN history
Boston Matrix Logistics has one previous CIN (Corporate Identification Number): U63090KA2009PTC050864. The current CIN is U40100KA2009PTC050864, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100KA2009PTC050864 | Current |
| U63090KA2009PTC050864 | Previous |
Recognitions & Rankings of Boston Matrix Logistics
Contact details
Boston Matrix Logistics Private Limited's registered office is in Koskii, Karnataka. Its website is bostonmatrix.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No 331 #63 Ibrahim Sahib Street Shivaji Nagar Near Westside – New Comm., Street, Koskii, Karnataka, India – 560001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Boston Matrix Logistics Private Limited, buy the company report.
Comprehensive company report
Boston Matrix Logistics Private Limited - one report that includes everything
- 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
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Brands
Boston Matrix Logistics operates one associated brand: Boston Matrix Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Logistics services including transportation and supply chain operations in India. | bostonmatrix.net |
Business activity
The main business activity of Boston Matrix Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Boston Matrix Logistics Private Limited, buy the company report.
Financials of Boston Matrix Logistics Private Limited
FY 2024 filings availableBoston Matrix Logistics Private Limited reported revenue of ₹1.71 Cr (down 46% YoY) for FY 2024.
Revenue · FY 2024
₹1.71 Cr ▼ 46%
Net loss · FY 2024
₹29.77 Lakh margin -17.4%
EBITDA · FY 2024
₹32.61 Lakh margin 19.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 47%
5 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▼ 15%
5 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 46% fall in the latest year. EBITDA rose 52% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹32.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.77 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | -17.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Boston Matrix Logistics Private Limited, buy the company report.
Board of directors of Boston Matrix Logistics Private Limited
Boston Matrix Logistics has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Doraiswamy Srikanth | Director | 16 Jan 2017 | 9 Years 9 Months | Current |
| Kunchapu Banuprasad | Director | 10 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Boston Matrix Logistics Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PKS Freight and Logistics Private Limited | ₹1.72 Cr (FY 2019) | -8.0% | New Delhi, Delhi, India | |||
| RJV Logistics Private Limited | ₹1.71 Cr (FY 2024) | -44.0% | Mumbai, Maharashtra, India | |||
| Boston Matrix Logistics Private Limitedthis company | ₹1.71 Cr (FY 2024) | -₹29.77 Lakh | -17.4% | -46.0% | 5 | Koskii, Karnataka, India |
| Rkglobe Shipping India Private Limited | ₹1.71 Cr (FY 2024) | 92.0% | Bangalore, Karnataka, India | |||
| S R V Logistics India Private Limited | ₹1.71 Cr (FY 2024) | 178.0% | New Delhi, Delhi, India |
To see the full peer comparison of Boston Matrix Logistics Private Limited, buy the company report.
Auditor
Boston Matrix Logistics Private Limited is audited by M G R S AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G R S AND CO | FY 2022 | 016017S |
Shareholding
The shareholding of Boston Matrix Logistics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Boston Matrix Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
₹3.96 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2019 | 100309629 | Others | ₹2.5 Cr | Open | |
| 17 Oct 2018 | 100213074 | Axis Bank Limited | ₹2.45 Cr | Satisfied | |
| 26 Jun 2015 | 10580478 | Syndicate Bank | ₹5.65 Lakh | Satisfied | |
| 28 Mar 2015 | 10565309 | Syndicate Bank | ₹1.3 Cr | Satisfied | |
| 12 Jan 2012 | 10333691 | Syndicate Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Boston Matrix Logistics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Boston Matrix Logistics Private Limited has 19 court cases on record: 1 filed by Boston Matrix Logistics, 18 filed against it. 3 cases are pending and 16 are disposed.
Total cases
19
Filed by the company
1
Filed against the company
18
Pending
3
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Skyways Air Services Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by Skyways Air Services Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Aditya Birla Finance Ltd | Disposed |
To see the full case history of Boston Matrix Logistics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Boston Matrix Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Boston Matrix Logistics Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-50%
GST
Boston Matrix Logistics has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB8490M1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Boston Matrix Logistics Private Limited, buy the company report.
Recent activity
Boston Matrix Logistics Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Kunchapu Banuprasad was appointed as Director on 10 Sep 2024.
Appointed
Kunchapu Banuprasad was appointed as Director.
AGM
Boston Matrix Logistics Private Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.
Filing
Boston Matrix Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 17 Oct 2018 via Charge ID 100213074 with Axis Bank Limited was fully satisfied on 17 Apr 2023.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100309629 was registered on 20 Dec 2019.
Charges
A charge registered on 26 Jun 2015 via Charge ID 10580478 with Syndicate Bank was fully satisfied on 25 Jun 2019.
Charges
A charge registered on 28 Mar 2015 via Charge ID 10565309 with Syndicate Bank was fully satisfied on 25 Jun 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.45 Cr with Charge ID 100213074 was registered on 17 Oct 2018.
Ceased
Doraiswamy Srikanth ceased to be Additional Director.
Ceased
Chetan Kumar Yelahanka Jayanna ceased to be Whole-Time Director.
Appointed
Doraiswamy Srikanth was appointed as Director.
Charges
A charge with Syndicate Bank of Rs. 1.30 Cr registered on 28 Mar 2015 with Charge ID 10565309 was modified on 20 Apr 2016.
11 earlier events are in the company report.
Frequently asked questions
Boston Matrix Logistics is an active private limited company based in Koskii, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 07 September 2009 (17+ years old) and is registered under CIN U40100KA2009PTC050864.
Boston Matrix Logistics has 2 current directors:
- Doraiswamy Srikanth - Director
- Kunchapu Banuprasad - Director
The latest financial statements of Boston Matrix Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 02 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Boston Matrix Logistics is 29AADCB8490M1ZZ, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Boston Matrix Logistics is U40100KA2009PTC050864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Boston Matrix Logistics has 19 court cases on record: 1 filed by the company and 18 filed against it. 3 are pending. Most are in the district courts.
Boston Matrix Logistics was incorporated on 07 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Boston Matrix Logistics by revenue are PKS Freight and Logistics Private Limited, RJV Logistics Private Limited, Rkglobe Shipping India Private Limited, S R V Logistics India Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Kunchapu Banuprasad was appointed as Director on 10 Sep 2024. Doraiswamy Srikanth ceased to be Additional Director on 29 Sep 2018. Chetan Kumar Yelahanka Jayanna ceased to be Whole-Time Director on 19 Jan 2017. Boston Matrix Logistics has 9 board changes on record in total.
Yes, Boston Matrix Logistics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0094062).
Boston Matrix Logistics can be reached through the website bostonmatrix.net. Its registered office is in Koskii, Karnataka, India.