About Matrix Clothing Private Limited
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Matrix Clothing Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 August 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899PB1977PTC065729. Its GSTIN is 06AABCM8475B1ZK (Haryana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.64 Cr. It was formerly known as Engee Fabrics Private Limited. It is led by directors Rajeev Dhawan and Gautam Nair.
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 Matrix Clothing Complex Mohammadpur Khandsa Road, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹653.37 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹353.39 Cr (net margin 54.1%) and EBITDA of ₹484.55 Cr (EBITDA margin 74.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 5,386 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Matrix Clothing. As per MCA filings, the company has open charges of ₹2.02 Cr and satisfied charges of ₹387.93 Cr on record. Court records list 23 cases involving the company, including 16 filed by the company and 7 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in August 2023. Its 8 peer companies in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Biba Fashion Limited with revenue of ₹798.12 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrixclothing.in.
Company details
CIN history
Matrix Clothing has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899PB1977PTC065729, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899PB1977PTC065729 | Current |
| U74899DL1977PTC008705 | Previous |
| U74899HR1977PTC037242 | Previous |
Contact details
Matrix Clothing Private Limited's registered office is in Gurgaon, Haryana.
- Social Media
- Registered AddressMatrix Clothing Complex Mohammadpur Khandsa Road, Gurgaon, Haryana, India – 122001
- IndustryManufacturing, Textile & Fabric Production
- 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 Clothing operates one associated brand: Matrix Clothing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wholesaler of garment products | matrixclothing.in |
Business activity
The main business activity of Matrix Clothing is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Matrix Clothing Private Limited, buy the company report.
Financials of Matrix Clothing Private Limited
FY 2024 filings availableMatrix Clothing Private Limited reported revenue of ₹653.37 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 36% fall in the latest year. EBITDA rose 427% 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 | ₹484.55 Cr | ||||
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| Net Profit (PAT) | ₹353.39 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 | 74.2% | ||||
| Net Profit Margin | 54.1% | ||||
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To see the full financial statements and ratios of Matrix Clothing Private Limited, buy the company report.
Board of directors of Matrix Clothing Private Limited
Matrix Clothing has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Dhawan Also directs: Tex Fasteners Private Limited, Basko Trading Private Limited, Tex Corp Private Limited and 5 more | Director | 01 Jul 1981 | 45 Years 3 Months | Current |
| Gautam Nair Also directs: Tex Fasteners Private Limited, Tex Corp Private Limited, Matrix Park Private Limited and 5 more | Director | 01 Jul 1980 | 46 Years 3 Months | Current |
Peer comparison
Matrix Clothing Private Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biba Fashion Limited | ₹798.12 Cr (FY 2025) | 4.0% | Gurugram, Haryana, India | |||
| Otto Clothing Private Limited | ₹791.7 Cr (FY 2025) | 8.0% | Tirunelveli, Tamil Nadu, India | |||
| Manomay Tex India Limited | ₹698.4 Cr (FY 2025) | 20.0% | Bhilwara, Rajasthan, India | |||
| LTK Industries Private Limited | ₹691.16 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Matrix Clothing Private Limitedthis company | ₹653.37 Cr (FY 2024) | ₹353.39 Cr | 54.1% | -36.0% | Gurgaon, Haryana, India | |
| Zivore Apparel Private Limited | ₹612.17 Cr (FY 2025) | 25.0% | Delhi, India | |||
| GBTL Limited | ₹588.8 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Royal Classic Mills Private Limited | ₹572.64 Cr (FY 2024) | -19.0% | Coimbatore, Tamil Nadu, India | |||
| Harman Cottex & Seeds Private Limited | ₹530.53 Cr (FY 2025) | -4.0% | Khargone, Madhya Pradesh, India |
To see the full peer comparison of Matrix Clothing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2024 | 100947806 | Hdfc Bank Limited | ₹69.7 Lakh | Open | |
| 30 Nov 2023 | 100834895 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 20 Jun 2022 | 100594484 | Hdfc Bank Limited | ₹20.06 Lakh | Open | |
| 30 Dec 2021 | 100526712 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 19 May 2021 | 100451146 | Hdfc Bank Limited | ₹4.36 Cr | Satisfied |
To see the full charge records of Matrix Clothing Private Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Matrix Clothing Private Limited has 3 deals on record (3 secondary share transfers); the latest was in August 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Seller: an individual |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Matrix Clothing Private Limited has 23 court cases on record: 16 filed by Matrix Clothing, 7 filed against it. 3 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 3 | 2 |
| District courts | 6 | 2 | 1 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Ace Turtle Omni Private Limited | Pending |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed by the company against M/S Ace Turtle Omni Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against M/S Ace Turtle Omni Private Limited Etc and 3 others | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Secretary Department of Scientific and Industrial Research Goverment of India and Ors. | Pending |
| High Court of Delhi | Tax appeal | Filed by the company against PR. Commissioner of Income T Ax-6 | Pending |
To see the full case history of Matrix Clothing 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 Clothing Private Limited was last rated by Icra on 17 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Feb 2022 |
To see the full credit ratings and regulatory alerts of Matrix Clothing Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Matrix Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Matrix Clothing has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCM8475B1ZK | Haryana | Active | 01 Jul 2017 |
| 20AABCM8475B1ZU | Jharkhand | Active | 05 Apr 2018 |
To see the full GST registrations and return filing status of Matrix Clothing Private Limited, buy the company report.
Recent activity
Matrix Clothing Private Limited has 6 board changes on record since 1980: 2 appointments and 4 cessations. The latest: Vikram Nair ceased to be Director on 30 Nov 2024.
62 earlier events are in the company report.
Frequently asked questions
Matrix Clothing is an active private limited company based in Gurgaon, Haryana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 August 1977 (49+ years old) and is registered under CIN U74899PB1977PTC065729.
Matrix Clothing has 2 current directors:
- Rajeev Dhawan - Director
- Gautam Nair - Director
The latest financial statements of Matrix Clothing 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 Clothing is 06AABCM8475B1ZK, registered in Haryana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 20AABCM8475B1ZU (Jharkhand).
The CIN (Corporate Identification Number) of Matrix Clothing is U74899PB1977PTC065729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Clothing has 23 court cases on record: 16 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Matrix Clothing was incorporated on 16 August 1977, making it 49+ years old. It is registered with the Registrar of Companies, Delhi.
Matrix Clothing has 3 deals on record (3 secondary share transfers); the latest was in August 2023.
The peers of Matrix Clothing by revenue are Biba Fashion Limited, Otto Clothing Private Limited, Manomay Tex India Limited, LTK Industries Private Limited, Zivore Apparel Private Limited and 3 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Vikram Nair ceased to be Director on 30 Nov 2024. Vipin Kumar Gupta ceased to be Additional Director on 18 Mar 2015. Binod Kumar Mandal ceased to be Company Secretary on 16 Feb 2009. Matrix Clothing has 6 board changes on record in total.
Matrix Clothing can be reached through the website matrixclothing.in. Its registered office is in Gurgaon, Haryana, India.