- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-17-0001206

About Matrix Boilers Private Limited
Data last updated:
Matrix Boilers Private Limited is a private limited company based in Pudukkottai, Tamil Nadu, India, a subsidiary of Indrayani Biotech Limited. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 27 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28131TN2006PTC060358. Its GSTIN is 33AAECM6958J2Z2 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹80 Lakh. It is led by directors including Narayanasamy Pandian (Managing Director) and Arthanari Ramasamy Sekar (Whole-Time Director).
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 S F No.17/11D Kumaramangalamindustrial Area Rasi Puram Road Mathur, Pudukkottai, Tamil Nadu, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹45.72 Lakh (net margin -10.6%) and EBITDA of ₹3.98 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 82% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Matrix Boilers. As per MCA filings, the company has open charges of ₹6.98 Cr and satisfied charges of ₹20.67 Cr on record. Court records list 16 cases involving the company, including 3 filed by the company and 13 filed against it; 3 cases are pending.
Matrix Boilers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-17-0001206). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrixboilers.com.
Company details
Recognitions & Rankings of Matrix Boilers
Contact details
Matrix Boilers Private Limited's registered office is in Pudukkottai, Tamil Nadu. Its website is matrixboilers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS F No.17/11D Kumaramangalamindustrial Area Rasi Puram Road Mathur, Pudukkottai, Tamil Nadu, India
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Matrix Boilers 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
Brands
Matrix Boilers operates one associated brand: Matrix Boilers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing company that produces thermal systems, offering a range of steam boilers and related products | matrixboilers.com |
Business activity
The main business activity of Matrix Boilers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Matrix Boilers Private Limited, buy the company report.
Financials of Matrix Boilers Private Limited
FY 2025 filings availableMatrix Boilers Private Limited reported revenue of ₹4.3 Cr (up 217% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over five years, including 217% growth in the latest year. EBITDA rose 102% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45.72 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -10.6% | ||||
| 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 Matrix Boilers Private Limited, buy the company report.
Board of directors of Matrix Boilers Private Limited
Matrix Boilers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanasamy Pandian | Managing Director | 27 Jun 2006 | 20 Years 3 Months | Current |
| Arthanari Ramasamy Sekar | Whole-Time Director | 27 Jun 2006 | 20 Years 3 Months | Current |
| Ravi Rajappan Also directs: Dindigul Farm Product Limited, Kniss Laboratories Private Limited, Vaasan Medical Center (India) Private Limited and 2 more | Additional Director | 14 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Matrix Boilers Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Boilers, Heavy Engineering), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fine Fab Private Limited | ₹4.54 Cr (FY 2025) | -27.0% | Hyderabad, Telangana, India | |||
| Ideal Diamond Products Private Limited | ₹4.53 Cr (FY 2025) | 19.0% | Pune, Maharashtra, India | |||
| Maxtork Manufacturers Private Limited | ₹4.39 Cr (FY 2025) | 15.0% | Thane, Maharashtra, India | |||
| Matrix Boilers Private Limitedthis company | ₹4.3 Cr (FY 2025) | -₹45.72 Lakh | -10.6% | 217.0% | 4 | Pudukkottai, Tamil Nadu, India |
| Sampat Heavy Engineering Limited | ₹4.28 Cr (FY 2025) | -13.0% | Ahmedabad, Gujarat, India | |||
| Southern Boilers and Equipments Private Limited | ₹4.19 Cr (FY 2020) | 58.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Matrix Boilers Private Limited, buy the company report.
Auditor
Matrix Boilers Private Limited is audited by TSSK AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TSSK AND ASSOCIATES | FY 2023 | 014063S |
Shareholding
The shareholding of Matrix Boilers 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 Boilers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2024 | 100868477 | Others | ₹4.25 Cr | Open | |
| 06 Feb 2024 | 100868457 | Others | ₹2.25 Cr | Open | |
| 22 Jul 2011 | 10299648 | Others | ₹47.5 Lakh | Open | |
| 12 Sep 2013 | 10489491 | Canara Bank | ₹11 Cr | Satisfied | |
| 27 Dec 2010 | 10266535 | Indian Overseas Bank | ₹4.51 Cr | Satisfied |
To see the full charge records of Matrix Boilers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Matrix Boilers Private Limited has 16 court cases on record: 3 filed by Matrix Boilers, 13 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 2 |
| High courts | 2 | 0 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pudukkottai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Hinduja Leyland Finance Limited | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Court case (COS) | Filed against the company by Bharat Heavy Electricals Ltd., Trichy. Rep by Its General Manager. | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Civil suit | Filed against the company by Bharat Heavy Electricals Ltd. Rep. by Its General Manager, Outsourcing Department | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by LCL Logistix India Pvt Ltd Rep by Mugilan | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
To see the full case history of Matrix Boilers 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 Matrix Boilers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Matrix Boilers Private Limited has a workforce of 4 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Matrix Boilers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECM6958J2Z2 | Tamil Nadu | Active | 22 Mar 2023 |
To see the full GST registrations and return filing status of Matrix Boilers Private Limited, buy the company report.
Recent activity
Matrix Boilers Private Limited has 17 board changes on record since 2006: 10 appointments and 7 cessations. The latest: Ravi Rajappan was appointed as Additional Director on 14 Jun 2023.
24 earlier events are in the company report.
Frequently asked questions
Matrix Boilers is an active private limited company based in Pudukkottai, Tamil Nadu, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 27 June 2006 (20+ years old) and is registered under CIN U28131TN2006PTC060358.
Matrix Boilers has 3 current directors:
- Narayanasamy Pandian - Managing Director
- Arthanari Ramasamy Sekar - Whole-Time Director
- Ravi Rajappan - Additional Director
The latest financial statements of Matrix Boilers 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 2015 are in the company report.
The GSTIN of Matrix Boilers is 33AAECM6958J2Z2, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Matrix Boilers is U28131TN2006PTC060358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Boilers has 16 court cases on record: 3 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.
Matrix Boilers was incorporated on 27 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Matrix Boilers by revenue are Fine Fab Private Limited, Ideal Diamond Products Private Limited, Maxtork Manufacturers Private Limited, Sampat Heavy Engineering Limited, Southern Boilers and Equipments Private Limited, all in the Machinery and Equipment industry (Boilers, Heavy Engineering), with the same principal business activity (metal and metal products).
Ravi Rajappan was appointed as Additional Director on 14 Jun 2023. Murugesan ceased to be Director on 19 Mar 2019. Ramaswamy Neelamegam ceased to be Director on 10 Nov 2014. Matrix Boilers has 17 board changes on record in total.
Yes, Matrix Boilers is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-17-0001206).
Matrix Boilers can be reached through the website matrixboilers.com. Its registered office is in Pudukkottai, Tamil Nadu, India.