About Matrix Distributor Private Limited
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Matrix Distributor Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2004PTC145742. Its GSTIN is 27AADCM9143N1ZY (Maharashtra). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tushar Bhupendra Avlani and Vatsal Minu Mehtalia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹213.65 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹29.54 Lakh (net margin 0.1%) and EBITDA of ₹3.9 Cr (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
The company is associated with 1 brand: Matrix Distributor. As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹41.5 Cr on record. Court records list 32 cases involving the company, including 31 filed by the company and 1 filed against it; 12 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2015. Its 7 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 3 smaller; the largest is Cona Electricals Private Limited with revenue of ₹218.49 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 matrixdistributor.com.
Company details
Contact details
Matrix Distributor Private Limited's registered office is in Mumbai, Maharashtra. Its website is matrixdistributor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDelta Apartment Above Zoroastian Bank, Near Canossa High School Mahim West, Mumbai, Maharashtra, India – 400016
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Matrix Distributor 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 Distributor operates one associated brand: Matrix Distributor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manages an e-commerce store offering multi-category home appliances. | matrixdistributor.com |
Business activity
The main business activity of Matrix Distributor is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Matrix Distributor Private Limited, buy the company report.
Financials of Matrix Distributor Private Limited
FY 2024 filings availableMatrix Distributor Private Limited reported revenue of ₹213.65 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 22% 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 | ₹3.9 Cr | ||||
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| Net Profit (PAT) | ₹29.54 Lakh | ||||
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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 | 1.8% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Matrix Distributor Private Limited, buy the company report.
Board of directors of Matrix Distributor Private Limited
Matrix Distributor has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Bhupendra Avlani Also directs: SRT Communications LLP, Matrix Integrated Products LLP, Matrix Trade Connect LLP and 5 more | Director | 16 Apr 2004 | 22 Years 6 Months | Current |
| Vatsal Minu Mehtalia Also directs: West Point Marketing Private Limited, Matrix Celtronics Private Limited, Matrix Sports Marketing Private Limited and 4 more | Director | 31 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Matrix Distributor Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cona Electricals Private Limited | ₹218.49 Cr (FY 2024) | 183.0% | Mumbai, Maharashtra, India | |||
| Inone Smart Technology (India) Private Limited | ₹217.87 Cr (FY 2023) | -9.0% | New Delhi, Delhi, India | |||
| Argo Trading India Private Limited | ₹216.41 Cr (FY 2025) | 175.0% | Delhi, India | |||
| DNS Electronics Private Limited | ₹214.88 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Matrix Distributor Private Limitedthis company | ₹213.65 Cr (FY 2024) | ₹29.54 Lakh | 0.1% | 11.0% | Mumbai, Maharashtra, India | |
| Lutron Electronics (India) Private Limited | ₹212.56 Cr (FY 2025) | 21.0% | Gurgaon, Haryana, India | |||
| Trustel Telecom Private Limited | ₹209.67 Cr (FY 2025) | 35.0% | Jaipur, Rajasthan, India | |||
| Subhash Distributors Limited | ₹207.24 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Matrix Distributor Private Limited, buy the company report.
Auditor
Matrix Distributor Private Limited is audited by JFC & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JFC & Co. | FY 2023 | 143746W |
Shareholding
The shareholding of Matrix Distributor 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 Distributor Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2020 | 100331467 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 13 Dec 2018 | 100229548 | Others | ₹25 Cr | Open | |
| 26 Sep 2018 | 100207630 | Tata Capital Financial Services Limited | ₹10 Cr | Satisfied | |
| 09 Sep 2005 | 80002172 | Others | ₹31.5 Cr | Satisfied |
To see the full charge records of Matrix Distributor Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Matrix Distributor Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2014 | 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 Distributor Private Limited has 32 court cases on record: 31 filed by Matrix Distributor, 1 filed against it. 12 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 0 | 10 |
| High courts | 4 | 1 | 2 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed by the company against Ethos Limited and 8 Ors. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Ethos Limited and 8 Ors. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against M/S Vaishnavi Telesystem | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against an individual | Pending |
To see the full case history of Matrix Distributor 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 Distributor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Matrix Distributor has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM9143N1ZY | Maharashtra | Active | 01 Jul 2017 |
| 07AADCM9143N1Z0 | Delhi | Active | 01 Jul 2017 |
| 29AADCM9143N1ZU | Karnataka | Active | 01 Jul 2017 |
| 06AADCM9143N1Z2 | Haryana | Active | 05 Sep 2018 |
To see the full GST registrations and return filing status of Matrix Distributor Private Limited, buy the company report.
Recent activity
Matrix Distributor Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Vatsal Minu Mehtalia ceased to be Additional Director on 30 Sep 2014.
3 earlier events are in the company report.
Frequently asked questions
Matrix Distributor is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 April 2004 (22+ years old) and is registered under CIN U74999MH2004PTC145742.
Matrix Distributor has 2 current directors:
- Tushar Bhupendra Avlani - Director
- Vatsal Minu Mehtalia - Director
The latest financial statements of Matrix Distributor 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 Distributor is 27AADCM9143N1ZY, registered in Maharashtra. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 07AADCM9143N1Z0 (Delhi), 29AADCM9143N1ZU (Karnataka), 06AADCM9143N1Z2 (Haryana).
The CIN (Corporate Identification Number) of Matrix Distributor is U74999MH2004PTC145742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Distributor has 32 court cases on record: 31 filed by the company and 1 filed against it. 12 are pending. Most are in the district courts.
Matrix Distributor was incorporated on 16 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Matrix Distributor has 2 deals on record (2 secondary share transfers); the latest was in March 2015.
The peers of Matrix Distributor by revenue are Cona Electricals Private Limited, Inone Smart Technology (India) Private Limited, Argo Trading India Private Limited, DNS Electronics Private Limited, Lutron Electronics (India) Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Vatsal Minu Mehtalia ceased to be Additional Director on 30 Sep 2014. Minu Chandrakant Mehtalia ceased to be Director on 31 Dec 2013. Vatsal Minu Mehtalia was appointed as Director on 31 Dec 2013. Matrix Distributor has 4 board changes on record in total.
Matrix Distributor can be reached through the website matrixdistributor.com. Its registered office is in Mumbai, Maharashtra, India.
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