About Matrix Cellular Services Private Limited
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Matrix Cellular Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 17 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U64120DL1999PTC102444. Its GSTIN is 07AABCM9420A1ZX (Delhi).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors Gagan Deep Singh Dugal and Padam Bhushan Bindal.
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 7 Khullar Farmnew Mangla Puri Mandi Road Mehruli, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2019, the company reported a revenue of ₹99.21 Lakh. For the same year it recorded a net profit of ₹95.56 Lakh (net margin 96.3%) and EBITDA of -₹5.09 Lakh (EBITDA margin -5.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 53% over five years.
The company is associated with 1 brand: Matrix Cellular Services. As per MCA filings, the company has open charges of ₹4.72 Cr and satisfied charges of ₹23.35 Cr on record. Court records list 754 cases involving the company, including 743 filed by the company and 11 filed against it; 5 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in January 2009.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrix.in.
Company details
Contact details
Matrix Cellular Services Private Limited's registered office is in New Delhi, Delhi. Its website is matrix.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address7 Khullar Farmnew Mangla Puri Mandi Road Mehruli, New Delhi, Delhi, India – 110030
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Matrix Cellular Services 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 Cellular Services operates one associated brand: Matrix Cellular Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SIM cards, Forex cards, and travel insurance are provided. | matrix.in |
Business activity
The main business activity of Matrix Cellular Services is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
Financials of Matrix Cellular Services Private Limited
FY 2025 filings availableMatrix Cellular Services Private Limited reported revenue of ₹99.21 Lakh for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹99.21 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹95.56 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.1% | ||||
| Net Profit Margin | 96.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Matrix Cellular Services Private Limited, buy the company report.
Board of directors of Matrix Cellular Services Private Limited
Matrix Cellular Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagan Deep Singh Dugal Also directs: Hexagon Assets LLP, Tamarinde Holidays Private Limited, Matrix Cellular (International) Services Private Limited and 4 more | Director | 17 Nov 1999 | 26 Years 11 Months | Current |
| Padam Bhushan Bindal Also directs: Matrix Telesolutions Private Limited, Luxalon Building Private Limited, SMG Sports Management Company Private Limited and 1 more | Additional Director | 16 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Matrix Cellular Services Private Limited is audited by G P AGRAWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P AGRAWAL & CO | FY 2019 | 302082E |
Shareholding
The shareholding of Matrix Cellular Services Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Matrix Cellular Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2015 | 10621891 | Kotak Mahindra Prime Limited | ₹4.5 Cr | Open | |
| 12 Feb 2008 | 10086541 | Icici Bank Limited | ₹18 Lakh | Open | |
| 15 May 2003 | 90049812 | India Cements Capital 7 Finance Ltd | ₹2.35 Lakh | Open | |
| 21 Oct 2000 | 90048173 | Scotis Finance P. Ltd | ₹1.85 Lakh | Open | |
| 21 Dec 2012 | 10401963 | Kotak Mahindra Prime Limited | ₹4 Cr | Satisfied |
To see the full charge records of Matrix Cellular Services Private Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Matrix Cellular Services Private Limited has 2 deals on record (2 secondary share transfers); the latest was in January 2009.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2006 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Matrix Cellular Services Private Limited has 754 court cases on record: 743 filed by Matrix Cellular Services, 11 filed against it. 5 cases are pending and 749 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 742 | 3 | 5 |
| High courts | 10 | 8 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 754)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed by the company against Varahi Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Toolasian Polysacks Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Epsilon Engineering Pvt. Ltd | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Vodafone Mobile Services Ltd | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed against the company by Matrix Telecom Pvt Ltd | Disposed |
To see the full case history of Matrix Cellular Services 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 Cellular Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Matrix Cellular Services Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Matrix Cellular Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCM9420A1ZX | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matrix Cellular Services Private Limited, buy the company report.
Recent activity
Matrix Cellular Services Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Padam Bhushan Bindal was appointed as Additional Director on 16 Apr 2025.
32 earlier events are in the company report.
News
Frequently asked questions
Matrix Cellular Services is an active private limited company based in New Delhi, Delhi, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 17 November 1999 (27+ years old) and is registered under CIN U64120DL1999PTC102444.
Matrix Cellular Services has 2 current directors:
- Gagan Deep Singh Dugal - Director
- Padam Bhushan Bindal - Additional Director
The latest financial statements of Matrix Cellular Services 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 Cellular Services is 07AABCM9420A1ZX, registered in Delhi.
The CIN (Corporate Identification Number) of Matrix Cellular Services is U64120DL1999PTC102444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Cellular Services has 754 court cases on record: 743 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.
Matrix Cellular Services was incorporated on 17 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Matrix Cellular Services has 2 deals on record (2 secondary share transfers); the latest was in January 2009.
Padam Bhushan Bindal was appointed as Additional Director on 16 Apr 2025. Manjit Singh Dugal was appointed as Director on 29 Feb 2000. Gagan Deep Singh Dugal was appointed as Director on 17 Nov 1999.
Matrix Cellular Services can be reached through the website matrix.in. Its registered office is in New Delhi, Delhi, India.