About Matrix Imaging Solutions India Private Limited
Data last updated:
Matrix Imaging Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 30 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2009PTC051330. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Malagonahally Uddappa Thejaswini and Manjunatha Jayappa.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.97 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Cr (net margin -8.2%) and EBITDA of ₹90.96 Lakh (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.45 Cr and satisfied charges of ₹1.49 Cr on record. The company has 5 deals on record (5 secondary share transfers); the latest was in February 2023. Its 10 peer companies in the Healthcare industry (Diagnostics and Pathology Labs) are compared by revenue, 5 larger and 5 smaller; the largest is Altona Diagnostics India Private Limited with revenue of ₹23.97 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 matriximagingindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2nd Floor 531/A Priya Chambers, Dr. Rajkumar Road Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
- 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
- One PDF report, delivered after checkout
Business Activity of Matrix Imaging Solutions India Private Limited
The main business activity of Matrix Imaging Solutions India is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Matrix Imaging Solutions India Private Limited FY 2025 filings available
Matrix Imaging Solutions India Private Limited reported revenue of ₹22.97 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Matrix Imaging Solutions India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 35% fall in the latest year. EBITDA fell 84% 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 of Matrix Imaging Solutions India Private Limited
| 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 | ₹90.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.89 Cr | •••• | •••• | •••• | •••• |
| 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 of Matrix Imaging Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Matrix Imaging Solutions India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Matrix Imaging Solutions India Private Limited
Matrix Imaging Solutions India Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Diagnostics and Pathology Labs). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Altona Diagnostics India Private Limited | ₹23.97 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| Ashok Laboratory Clinical Testing Centre Private Limited | ₹23.95 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Kolkata, West Bengal, India |
| Chemgenix Laboratories Private Limited | ₹23.72 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Sayre Therapeutics Private Limited | ₹23.68 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Somasundara Palya, Karnataka, India |
| Med Quest Diagnostics Private Limited | ₹23.62 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Matrix Imaging Solutions India Private Limited this company | ₹22.97 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Bangalore, Karnataka, India |
| Dortmund Laboratories Pvt Ltd | ₹22.93 Cr (FY 2023) | •••• | •••• | -26.0% | •••• | Dombiwali, Maharashtra, India |
| Sankar's Scans and Diagnostics Private Limited | ₹22.82 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Alappuzha, Kerala, India |
| Padmashree Medicare Private Limited | ₹22.52 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Aspira Pathlab & Diagnostics Limited Listed | ₹22.39 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Mumbai, Maharashtra, India |
| Devi Scans Pvt Ltd | ₹22.34 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Matrix Imaging Solutions India by revenue in the Healthcare industry (Diagnostics and Pathology Labs), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Matrix Imaging Solutions India Private Limited
Matrix Imaging Solutions India Private Limited is audited by M R KRISHNAMURTHY & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M R KRISHNAMURTHY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Matrix Imaging Solutions India Private Limited
Matrix Imaging Solutions India 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 |
|---|---|---|---|---|
| Malagonahally Uddappa Thejaswini Also directs: Spectrum Diagnostics and Health Care Private Limited | Director | 18 Apr 2016 | 10 Years 5 Months | Current |
| Manjunatha Jayappa | Director | 20 Feb 2023 | 3 Years 7 Months | Current |
| Chinnahalli Veerachowdaiah Prema | Director | 20 Feb 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Matrix Imaging Solutions India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Matrix Imaging Solutions India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2023 | Yes Bank Limited | ₹5.4 Cr | Open |
| 25 Feb 2022 | Yes Bank Limited | ₹5.18 Cr | Open |
| 20 Feb 2021 | Hdfc Bank Limited | ₹4.65 Cr | Open |
| 31 Aug 2018 | Others | ₹1.62 Cr | Open |
| 28 Jun 2018 | Others | ₹1.62 Cr | Open |
Total charge records: 6 View all charges
Deals & Funding of Matrix Imaging Solutions India Private Limited
Matrix Imaging Solutions India Private Limited has 5 deals on record (5 secondary share transfers); the latest was in February 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Matrix Imaging Solutions India Private Limited
Matrix Imaging Solutions India Private Limited has a workforce of 83 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Matrix Imaging Solutions India Private Limited
Matrix Imaging Solutions India Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Chinnahalli Veerachowdaiah Prema ceased to be Additional Director on 29 Sep 2023.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Matrix Imaging Solutions India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Matrix Imaging Solutions India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Matrix Imaging Solutions India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Matrix Imaging Solutions India Private Limited
Matrix Imaging Solutions India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Matrix Imaging Solutions India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Matrix Imaging Solutions India Private Limited
Matrix Imaging Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 30 October 2009 (17+ years old) and is registered under CIN U74900KA2009PTC051330.
Matrix Imaging Solutions India reported revenue of ₹22.97 Cr for FY 2025 (down 35% YoY).
Matrix Imaging Solutions India has 3 current directors:
- Malagonahally Uddappa Thejaswini - Director
- Manjunatha Jayappa - Director
- Chinnahalli Veerachowdaiah Prema - Director
Matrix Imaging Solutions India reported a net loss of ₹1.89 Cr (net margin -8.2%) and EBITDA of ₹90.96 Lakh (EBITDA margin 4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Matrix Imaging Solutions India is -5% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 35%. CAGR is the steady yearly rate that links the first and the last year.
No. Matrix Imaging Solutions India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Matrix Imaging Solutions India is U74900KA2009PTC051330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Imaging Solutions India was incorporated on 30 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Matrix Imaging Solutions India has 5 deals on record (5 secondary share transfers); the latest was in February 2023.
The peers of Matrix Imaging Solutions India by revenue are Altona Diagnostics India Private Limited, Ashok Laboratory Clinical Testing Centre Private Limited, Chemgenix Laboratories Private Limited, Sayre Therapeutics Private Limited, Med Quest Diagnostics Private Limited and 5 more, all in the Healthcare industry (Diagnostics and Pathology Labs).
Chinnahalli Veerachowdaiah Prema ceased to be Additional Director on 29 Sep 2023. Manjunatha Jayappa ceased to be Additional Director on 29 Sep 2023. Chinnahalli Veerachowdaiah Prema was appointed as Director on 20 Feb 2023. Matrix Imaging Solutions India has 10 board changes on record in total.