Matrix Agro Private Limited
About Matrix Agro Private Limited
Data last updated:
Matrix Agro Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Apollo Energy Company Limited. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 03 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01122TG2001PTC038142. Its GSTIN is 29AADCM1204E1ZZ (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹10.39 Cr. It is led by directors including Venkata Narasa Reddy Adapala (Whole-Time Director) and Subramanian Vridhakasi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.10 – 3 – 316/A Masab Tank, Hyderabad, Telangana, India – 500028.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.54 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹2.04 Cr (net margin -11%) and EBITDA of -₹25.11 Lakh (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹44.23 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Matrix Agro has one previous CIN (Corporate Identification Number): U01122AP2001PTC038142. The current CIN is U01122TG2001PTC038142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01122TG2001PTC038142 | Current |
| U01122AP2001PTC038142 | Previous |
Contact details
Matrix Agro Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.10 – 3 – 316/A Masab Tank, Hyderabad, Telangana, India – 500028
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Matrix Agro 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 activity of Matrix Agro is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Matrix Agro Private Limited, buy the company report.
Financials of Matrix Agro Private Limited
FY 2024 filings availableMatrix Agro Private Limited reported revenue of ₹18.54 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 7% growth in the latest year. EBITDA fell 248% 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 | -₹25.11 Lakh | ||||
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| Net Profit (PAT) | -₹2.04 Cr | ||||
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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 | -1.4% | ||||
| Net Profit Margin | -11% | ||||
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To see the full financial statements and ratios of Matrix Agro Private Limited, buy the company report.
Board of directors of Matrix Agro Private Limited
Matrix Agro has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Vridhakasi Also directs: Indra Chemicals Private Limited, Sindya Aqua Minerale Private Limited, Baycity Developers Private Limited and 5 more | Director | 31 Jul 2018 | 8 Years 3 Months | Current |
| Venkata Narasa Reddy Adapala Also directs: Kei-Rsos Petroleum and Energy Private Limited, Gas Transmission India Private Limited, LNG Bharat Private Limited and 2 more | Whole-Time Director | 26 Apr 2017 | 9 Years 6 Months | Current |
| Anil Kamineni Also directs: Kamineni Enterprises International LLP, Kakatiya Knights LLP, Trac Eco&Safari Park Private Limited and 3 more | Director | 29 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Matrix Agro Private Limited is audited by Suryachandra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suryachandra & Associates | FY 2023 | 004297S |
Shareholding
The shareholding of Matrix Agro Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Matrix Agro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2025 | 101130727 | State Bank of India | ₹2 Cr | Open | |
| 15 Dec 2017 | 100156908 | Others | ₹4.43 Cr | Satisfied | |
| 13 Jun 2015 | 10587400 | Others | ₹6 Cr | Satisfied | |
| 24 Dec 2014 | 10541339 | Andhra Bank | ₹3.8 Cr | Satisfied | |
| 07 Mar 2013 | 10411986 | Andhra Bank Limited | ₹30 Cr | Satisfied |
To see the full charge records of Matrix Agro Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Matrix Agro Private Limited has 6 court cases on record: 4 filed by Matrix Agro, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and Anr and 1 other | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited and 2 others | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Apollo Hospitals Enterprise Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Appollo Hospitals Enterprise Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Chamundeswari Electricity Supply Company Limited | Disposed |
To see the full case history of Matrix Agro 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.
Credit ratings & regulatory alerts
Matrix Agro Private Limited was last rated by Care on 10 Dec 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Dec 2025 |
To see the full credit ratings and regulatory alerts of Matrix Agro Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Matrix Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Matrix Agro Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Matrix Agro Private Limited, buy the company report.
GST
Matrix Agro has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCM1204E1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matrix Agro Private Limited, buy the company report.
Recent activity
Matrix Agro Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Subramanian Vridhakasi ceased to be Additional Director on 29 Sep 2018.
13 earlier events are in the company report.
Frequently asked questions
Matrix Agro is an active private limited company based in Hyderabad, Telangana, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 03 December 2001 (25+ years old) and is registered under CIN U01122TG2001PTC038142.
Matrix Agro has 3 current directors:
- Venkata Narasa Reddy Adapala - Whole-Time Director
- Subramanian Vridhakasi - Director
- Anil Kamineni - Director
The latest financial statements of Matrix Agro on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Matrix Agro is 29AADCM1204E1ZZ, 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 Matrix Agro is U01122TG2001PTC038142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Agro has 6 court cases on record: 4 filed by the company and 2 filed against it.
Matrix Agro was incorporated on 03 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Hyderabad.
Subramanian Vridhakasi ceased to be Additional Director on 29 Sep 2018. Subramanian Vridhakasi was appointed as Director on 31 Jul 2018. Venkata Narasa Reddy Adapala was appointed as Whole-Time Director on 26 Apr 2017. Matrix Agro has 12 board changes on record in total.
The registered office of Matrix Agro is at No.10 – 3 – 316A Masab Tank, Hyderabad, Telangana, India – 500028.
Matrix Agro operates in the environment industry, in the biofuel and biomass energy segment.
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