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Grey Matter Robotics Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.36 Cr
▲ 177% YoY
Net profit · FY 2025
₹2.21 Cr
Net margin 15.4%
EBITDA · FY 2025
₹3.12 Cr
EBITDA margin 21.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.73 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
23
Provident fund records
About Grey Matter Robotics Private Limited
Data last updated:
Grey Matter Robotics Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 06 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2021PTC120923. Its GSTIN is 24AAICG8915D1ZO (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Utkarsh Bharatbhai Suthar and Aditya Madhavsnh Solanki.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at T – G/2 502 Shreedhar Residency B/S. Sun Pharma Road, Vadodara, Gujarat, India – 391135.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.21 Cr (net margin 15.4%) and EBITDA of ₹3.12 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.73 Cr on record.
Grey Matter Robotics Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0020587). For more details, the company can be reached via its website gmrpl.in.
Company details
CIN U29308GJ2021PTC120923
Registration Number 120923
Incorporation Date 06 March 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-GJ-24-0020587
Recognitions & Rankings of Grey Matter Robotics
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-24-0020587
Contact details
Grey Matter Robotics Private Limited's registered office is in Vadodara, Gujarat. Its website is gmrpl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressT – G/2 502 Shreedhar Residency B/S. Sun Pharma Road, Vadodara, Gujarat, India – 391135
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Grey Matter Robotics Private Limited, buy the company report.
Comprehensive company report
Grey Matter Robotics 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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Business activity
The main business activity of Grey Matter Robotics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Grey Matter Robotics Private Limited, buy the company report.
Financials of Grey Matter Robotics Private Limited
FY 2025 filings availableGrey Matter Robotics Private Limited reported revenue of ₹14.36 Cr (up 177% YoY) for FY 2025.
Revenue · FY 2025
₹14.36 Cr ▲ 177%
Net profit · FY 2025
₹2.21 Cr margin 15.4%
EBITDA · FY 2025
₹3.12 Cr margin 21.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 177%
3 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▲ 601%
3 years · compounded
▲ 160%
Revenue has grown at a compounded annual rate (CAGR) of 74% over three years, including 177% growth in the latest year. EBITDA rose 601% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.12 Cr | ||||
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| Net Profit (PAT) | ₹2.21 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 15.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Grey Matter Robotics Private Limited, buy the company report.
Board of directors of Grey Matter Robotics Private Limited
Grey Matter Robotics has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Utkarsh Bharatbhai Suthar | Director | 06 Mar 2021 | 5 Years 8 Months | Current |
| Aditya Madhavsnh Solanki | Director | 06 Mar 2021 | 5 Years 8 Months | Current |
Auditor
Grey Matter Robotics Private Limited is audited by SNPA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNPA & ASSOCIATES | FY 2023 | 142364W |
Shareholding
The shareholding of Grey Matter Robotics Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Grey Matter Robotics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.73 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2025 | 101213412 | Sidbi | ₹92.63 Lakh | Open | |
| 30 Nov 2023 | 100830195 | Hdfc Bank Limited | ₹45 Lakh | Open | |
| 03 Aug 2023 | 100767011 | Hdfc Bank Limited | ₹35.58 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Grey Matter Robotics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grey Matter Robotics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grey Matter Robotics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG8915D1ZO | Gujarat | Active | 22 Mar 2021 |
To see the full GST registrations and return filing status of Grey Matter Robotics Private Limited, buy the company report.
Recent activity
Grey Matter Robotics Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Aditya Madhavsnh Solanki was appointed as Director on 06 Mar 2021.
Charges
A charge with Sidbi amounted to Rs. 92.63 Lakh with Charge ID 101213412 was registered on 15 Dec 2025.
AGM
Grey Matter Robotics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Grey Matter Robotics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Lakh with Charge ID 100830195 was registered on 30 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.58 Lakh with Charge ID 100767011 was registered on 03 Aug 2023.
Appointed
Aditya Madhavsnh Solanki was appointed as Director.
Appointed
Utkarsh Bharatbhai Suthar was appointed as Director.
Incorporation
06 Mar 2021
Grey Matter Robotics Private Limited was registered on 06 Mar 2021 with Roc Ahmedabad & aged 5 years 8 months as per MCA records.
Frequently asked questions
Grey Matter Robotics is an active private limited company based in Vadodara, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 06 March 2021 (5+ years old) and is registered under CIN U29308GJ2021PTC120923.
Grey Matter Robotics has 2 current directors:
- Utkarsh Bharatbhai Suthar - Director
- Aditya Madhavsnh Solanki - Director
The latest financial statements of Grey Matter Robotics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Grey Matter Robotics is 24AAICG8915D1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Grey Matter Robotics is U29308GJ2021PTC120923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grey Matter Robotics was incorporated on 06 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aditya Madhavsnh Solanki was appointed as Director on 06 Mar 2021. Utkarsh Bharatbhai Suthar was appointed as Director on 06 Mar 2021.
Yes, Grey Matter Robotics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Grey Matter Robotics is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0020587).
Grey Matter Robotics can be reached through the website gmrpl.in. Its registered office is in Vadodara, Gujarat, India.
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