About Matcon Hicoats Private Limited
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Matcon Hicoats Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the support services segment of the services sector. It was incorporated on 22 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05190KA2002PTC030268. Its GSTIN is 29AADCM2825R1ZV (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Karpagam Gopalakrishnan and Gopalakrishnan Ranganathan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.6 2nd Cross Vinayaka Nagar Hebbal, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.18 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹33.74 Lakh (net margin -185.5%) and EBITDA of -₹21.53 Lakh (EBITDA margin -118.4%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 38% over five years.
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matcon.in.
Company details
Contact details
Matcon Hicoats Private Limited's registered office is in Bangalore, Karnataka. Its website is matcon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.6 2nd Cross Vinayaka Nagar Hebbal, Bangalore, Karnataka, India – 560024
- IndustryService, Other Support Services
To see the full contact details of Matcon Hicoats Private Limited, buy the company report.
- 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
Business activity
The main business activities of Matcon Hicoats are support service to organizations and trade. In detail, this covers other support services to organizations and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Matcon Hicoats Private Limited, buy the company report.
Financials of Matcon Hicoats Private Limited
FY 2025 filings availableMatcon Hicoats Private Limited reported revenue of ₹18.18 Lakh (down 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 86% fall in the latest year. EBITDA fell 152% 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 | -₹21.53 Lakh | ||||
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| Net Profit (PAT) | -₹33.74 Lakh | ||||
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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 | -118.4% | ||||
| Net Profit Margin | -185.5% | ||||
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To see the full financial statements and ratios of Matcon Hicoats Private Limited, buy the company report.
Board of directors of Matcon Hicoats Private Limited
Matcon Hicoats has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karpagam Gopalakrishnan Also directs: Matcon Aerospace Private Limited | Director | 22 Mar 2002 | 24 Years 7 Months | Current |
| Gopalakrishnan Ranganathan Also directs: Matcon Aerospace Private Limited | Director | 22 Mar 2002 | 24 Years 7 Months | Current |
Peer comparison
Matcon Hicoats Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sailorsmaritime Services India Private Limited | ₹18.22 Lakh (FY 2024) | 179.0% | Bhubaneswar, Odisha, India | |||
| Fotorbit Private Limited | ₹18.2 Lakh (FY 2023) | 79.0% | Kolkata, West Bengal, India | |||
| Avaunt Business Advisory (India) Private Limited | ₹18.2 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Saubhagya Impex Private Limited | ₹18.19 Lakh (FY 2022) | -88.0% | Mumbai, Maharashtra, India | |||
| Alif Sea Services Private Limited | ₹18.19 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Matcon Hicoats Private Limitedthis company | ₹18.18 Lakh (FY 2025) | -₹33.74 Lakh | -185.5% | -86.0% | Bangalore, Karnataka, India | |
| KSB Olympia Phase B Service Organisation | ₹18.18 Lakh (FY 2025) | 1.0% | Surat, Gujarat, India | |||
| Adivion Engineering Services Private Limited | ₹18.18 Lakh (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Hotels and Homes Private Limited | ₹18.18 Lakh (FY 2016) | -54.0% | Jaipur, Rajasthan, India | |||
| CKW Technology Private Limited | ₹18.18 Lakh (FY 2021) | 119247.0% | Delhi, India | |||
| Quick Accounting and Consulting Private Limited | ₹18.17 Lakh (FY 2024) | 62.0% | Amritsar, Punjab, India |
To see the full peer comparison of Matcon Hicoats Private Limited, buy the company report.
Auditor
Matcon Hicoats Private Limited is audited by SHASHIKUMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHASHIKUMAR & CO | FY 2017 | 027869 |
Shareholding
The shareholding of Matcon Hicoats Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Matcon Hicoats Private Limited, buy the company report.
Legal cases
Matcon Hicoats Private Limited has 6 court cases on record: 3 filed by Matcon Hicoats, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Anod Plasma Spray Limited | Disposed |
| High Court | Arbitration matter | Filed against the company by Anod Plasma Spray Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed against the company by Anod Plasma Spray Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Anod Plasma Spray Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Anod Plasma Spray Limited and 1 other | Disposed |
To see the full case history of Matcon Hicoats 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 Matcon Hicoats Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Matcon Hicoats has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCM2825R1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matcon Hicoats Private Limited, buy the company report.
Recent activity
Matcon Hicoats Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Gopalakrishnan Ranganathan was appointed as Director on 22 Mar 2002.
Frequently asked questions
Matcon Hicoats is an active private limited company based in Bangalore, Karnataka, India. The company works in other support services, within the service industry. It was incorporated on 22 March 2002 (24+ years old) and is registered under CIN U05190KA2002PTC030268.
Matcon Hicoats has 2 current directors:
- Karpagam Gopalakrishnan - Director
- Gopalakrishnan Ranganathan - Director
The latest financial statements of Matcon Hicoats on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Matcon Hicoats is 29AADCM2825R1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Matcon Hicoats is U05190KA2002PTC030268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matcon Hicoats has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Matcon Hicoats was incorporated on 22 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Matcon Hicoats by revenue are Sailorsmaritime Services India Private Limited, Fotorbit Private Limited, Avaunt Business Advisory (India) Private Limited, Saubhagya Impex Private Limited, Alif Sea Services Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Gopalakrishnan Ranganathan was appointed as Director on 22 Mar 2002. Karpagam Gopalakrishnan was appointed as Director on 22 Mar 2002.
Matcon Hicoats can be reached through the website matcon.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Matcon Hicoats is at No.6 2nd Cross Vinayaka Nagar Hebbal, Bangalore, Karnataka, India – 560024.