Matrix Financial Services Ltd
About Matrix Financial Services Ltd
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Matrix Financial Services Ltd is a public limited company based in Chennai, Tamil Nadu, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 11 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65993TN1992PLC023446. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹76.31 Lakh. It was formerly known as Matrix Financial Services Pvt Ltd. It is led by directors including Panjala Sadanand and Sharat Babu Thadi.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at D1 Srishti Crescendo 24 Desika Road, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2015, the company reported a revenue of ₹37.97 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Lakh (net margin 8%) and EBITDA of ₹12.24 Lakh (EBITDA margin 32.2%).
Court records list 23 cases involving the company, including 14 filed by the company and 9 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Matrix Financial Services Ltd's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD1 Srishti Crescendo 24 Desika Road, Chennai, Tamil Nadu, India – 600004
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Matrix Financial Services Ltd, 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 Financial Services is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Matrix Financial Services Ltd, buy the company report.
Financials of Matrix Financial Services Ltd
FY 2015 filings availableMatrix Financial Services Ltd reported revenue of ₹37.97 Lakh (down 48% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 48% in the latest year. EBITDA rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹37.97 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹12.24 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹3.05 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 32.2% |
| Net Profit Margin | 8% |
| 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 Financial Services Ltd, buy the company report.
Board of directors of Matrix Financial Services Ltd
Matrix Financial Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Panjala Sadanand Also directs: Aramusk Infrastructure Investments Limited, Pentagon Trading Services Private Limited, Beta Kappa Investments Limited and 1 more | Director | 14 Mar 2015 | 11 Years 7 Months | Current |
| Sharat Babu Thadi | Director | 14 Mar 2015 | 11 Years 7 Months | Current |
| Pattusamuel Augustine | Director | 01 Dec 2010 | 15 Years 10 Months | Current |
Auditor
Matrix Financial Services Ltd is audited by ARASU & ARUNACHALAM for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARASU & ARUNACHALAM | FY 2015 | 000210S |
Shareholding
The shareholding of Matrix Financial Services Ltd is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Matrix Financial Services Ltd, buy the company report.
Legal cases
Matrix Financial Services Ltd has 23 court cases on record: 14 filed by Matrix Financial Services, 9 filed against it. 3 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 3 | 3 |
| District courts | 5 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Tata Aig General Insurance Co. Ltd, and 1 other | Pending |
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed against the company by Quadrangle Trading Services P Ltd Represented by Its Director P.Augustine Flat No.2B, Kalyan, No.4, Jyothi Venkatachallum Road, Vepery ,Chennai , Tamil Nadu | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by M/S. Quadrangle Trading Services Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by M/S. Quadrangle Trading Services Pvt Ltd | Disposed |
| Madras High Court | Court case (COMP.A) | Filed against the company by The Competent Authority / District Revenue Officer, | Pending |
To see the full case history of Matrix Financial Services Ltd, 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 Financial Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Matrix Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Matrix Financial Services Ltd, buy the company report.
Recent activity
Matrix Financial Services Ltd has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Gopal Venkatraman ceased to be Additional Director on 15 Mar 2015.
Frequently asked questions
Matrix Financial Services is an active public limited company based in Chennai, Tamil Nadu, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 11 September 1992 (34+ years old) and is registered under CIN U65993TN1992PLC023446.
Matrix Financial Services has 3 current directors:
- Panjala Sadanand - Director
- Sharat Babu Thadi - Director
- Pattusamuel Augustine - Director
The latest financial statements of Matrix Financial Services on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Matrix Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Matrix Financial Services is U65993TN1992PLC023446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Financial Services has 23 court cases on record: 14 filed by the company and 9 filed against it. 3 are pending. Most are in the high courts.
Matrix Financial Services was incorporated on 11 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
Gopal Venkatraman ceased to be Additional Director on 15 Mar 2015. Panjala Sadanand was appointed as Director on 14 Mar 2015. Sharat Babu Thadi was appointed as Director on 14 Mar 2015. Matrix Financial Services has 7 board changes on record in total.
The registered office of Matrix Financial Services is at D1 Srishti Crescendo 24 Desika Road, Chennai, Tamil Nadu, India – 600004.
Matrix Financial Services operates in the financial services industry, in the investment and credit nbfc segment.