Matriot Solutions Private Limited

Matriot Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC106655 Incorporated 25 September 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2024
₹2.4 Lakh
▼ 98% YoY
Net loss · FY 2024
₹57.25 Lakh
Latest filing
EBITDA · FY 2024
-₹47.23 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹28.94 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings

About Matriot Solutions Private Limited

Data last updated:

Matriot Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 September 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC106655. Its GSTIN is 29AALCM3499B1Z4 (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Muthupandi Satheesh Babu and Ramji Rengarajan.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.4 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹57.25 Lakh and EBITDA of -₹47.23 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 17% over five years.

The company is associated with 1 brand: MatrIoT Solutions. As per MCA filings, the company has open charges of ₹28.94 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matriotsolutions.com.

Company details

CIN U74999KA2017PTC106655
Registration Number 106655
Incorporation Date 25 September 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Matriot Solutions

DPIIT recognised startup Government of India
Startup India

Contact details

Matriot Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is matriotsolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    J – 303 Shriram Adithya Apartments 8/10 4th Cross Street Near Abbaiah Naidu Studio Areh, Alli, Bangalore, Karnataka, India – 560061
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Matriot Solutions Private Limited, buy the company report.

Comprehensive company report
Matriot Solutions 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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Secure checkout · GST invoice included

Brands

Matriot Solutions operates one associated brand: MatrIoT Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
IoT-based asset tracking and analytics solutions are provided.matriotsolutions.com

Business activity

The main business activity of Matriot Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Matriot Solutions Private Limited, buy the company report.

Financials of Matriot Solutions Private Limited

FY 2025 filings available

Matriot Solutions Private Limited reported revenue of ₹2.4 Lakh (down 98% YoY) for FY 2024.

Revenue · FY 2024
₹2.4 Lakh ▼ 98%
Net loss · FY 2024
₹57.25 Lakh
EBITDA · FY 2024
-₹47.23 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 72%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 326%
3 years · compounded
▼ 71%
5 years · compounded
▼ 68%

Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 98% fall in the latest year. EBITDA fell 326% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹47.23 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹57.25 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Matriot Solutions Private Limited, buy the company report.

Board of directors of Matriot Solutions Private Limited

Matriot Solutions has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Muthupandi Satheesh BabuDirector10 Jan 20188 Years 9 MonthsCurrent
Ramji RengarajanDirector25 Sep 20179 Years 0 MonthsCurrent
Ponnusamy Ramesh KumarDirector25 Sep 20179 Years 0 MonthsCurrent

Peer comparison

Matriot Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tabslogic Technologies Private Limited₹2.41 Lakh (FY 2023)-12.0%Mumbai, Maharashtra, India
Day Light Harvesting Private Limited₹2.41 Lakh (FY 2024)Bhopal, Madhya Pradesh, India
Addstar Grafix (OPC) Private Limited₹2.4 Lakh (FY 2025)-86.0%Indore, Madhya Pradesh, India
Printwise Private Limited₹2.4 Lakh (FY 2024)-66.0%Chennai, Tamil Nadu, India
Dhanvin Infotech Private Limited₹2.4 Lakh (FY 2024)-59.0%Lucknow, Uttar Pradesh, India
Matriot Solutions Private Limitedthis company₹2.4 Lakh (FY 2024)-₹57.25 Lakh-98.0%Bangalore, Karnataka, India
Anauspicious Services Private Limited₹2.4 Lakh (FY 2019)Alwar, Rajasthan, India
Saarka Tech (OPC) Private Limited₹2.4 Lakh (FY 2025)385.0%Bangalore, Karnataka, India
Shanidhya Media Private Limited₹2.4 Lakh (FY 2019)Bhubaneswar, Odisha, India
Joshbrains Software Factory Private Limited₹2.4 Lakh (FY 2023)Thanjavur, Tamil Nadu, India
AAA Infosystem Private Limited₹2.4 Lakh (FY 2023)-98.0%New Delhi, Delhi, India

To see the full peer comparison of Matriot Solutions Private Limited, buy the company report.

Auditor

Matriot Solutions Private Limited is audited by KUMAR & RAGHUVEER for the financial year 2021.

Auditor firmFinancial yearFirm registration number
KUMAR & RAGHUVEERFY 2021007119S

Shareholding

The shareholding of Matriot Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Matriot Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹28.94 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.29 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jul 2022100626648Hdfc Bank Limited₹14.55 LakhOpen
23 May 2022100598206Hdfc Bank Limited₹14.39 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Matriot Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Matriot Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AALCM3499B1Z4KarnatakaActive03 Jan 2018

To see the full GST registrations and return filing status of Matriot Solutions Private Limited, buy the company report.

Recent activity

Matriot Solutions Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Muthupandi Satheesh Babu was appointed as Director on 10 Jan 2018.

AGM
Matriot Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Matriot Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.55 Lakh with Charge ID 100626648 was registered on 30 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.39 Lakh with Charge ID 100598206 was registered on 23 May 2022.
Appointed
Muthupandi Satheesh Babu was appointed as Director.
Appointed
Ponnusamy Ramesh Kumar was appointed as Director.
Appointed
Ramji Rengarajan was appointed as Director.
Incorporation
25 Sep 2017
Matriot Solutions Private Limited was registered on 25 Sep 2017 with Roc Bangalore & aged 9 years 28 days as per MCA records.

Frequently asked questions

Matriot Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 September 2017 (9+ years old) and is registered under CIN U74999KA2017PTC106655.

Matriot Solutions has 3 current directors:

The latest financial statements of Matriot Solutions 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 2018 are in the company report.

The GSTIN of Matriot Solutions is 29AALCM3499B1Z4, registered in Karnataka.

The CIN (Corporate Identification Number) of Matriot Solutions is U74999KA2017PTC106655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Matriot Solutions was incorporated on 25 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Matriot Solutions by revenue are Tabslogic Technologies Private Limited, Day Light Harvesting Private Limited, Addstar Grafix (OPC) Private Limited, Printwise Private Limited, Dhanvin Infotech Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Muthupandi Satheesh Babu was appointed as Director on 10 Jan 2018. Ponnusamy Ramesh Kumar was appointed as Director on 25 Sep 2017. Ramji Rengarajan was appointed as Director on 25 Sep 2017.

Yes, Matriot Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Matriot Solutions can be reached through the website matriotsolutions.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Matriot Solutions is at J – 303 Shriram Adithya Apartments 810 4th Cross Street Near Abbaiah Naidu Studio Areh, Alli, Bangalore, Karnataka, India – 560061.