About Matrix Labs Private Limited
Data last updated:
Matrix Labs Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 30 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33110TN2014PTC094784. Its GSTIN is 33AAJCM6293R1ZM (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Kulandaivel Padmanathan and Suresh.
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 S.No 114/13A 13B 12B 12A2 First And Second Floor, Ponniamman Koil Street Noombal Chennai, Tamil Nadu, India – 600077.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.91 Cr, a growth of 103% compared to the previous year. For the same year it recorded a net profit of ₹11.71 Lakh (net margin 2.4%) and EBITDA of ₹36.2 Lakh (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 4% over five years.
The company is associated with 1 brand: Matrixlabs. As per MCA filings, the company has open charges of ₹5.1 Cr and satisfied charges of ₹40 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrixlabs.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS.No 114/13A 13B 12B 12A2 First And Second Floor, Ponniamman Koil Street Noombal Chennai, Tamil Nadu, India – 600077
- IndustryHealthcare, Medical & Laboratory Equipment
- 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 Labs Private Limited
The main business activity of Matrix Labs is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Labs Private Limited FY 2024 filings available
Matrix Labs Private Limited reported revenue of ₹4.91 Cr (up 103% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Matrix Labs Private Limited
Revenue rose 103% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 49% 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 Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹36.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.71 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 of Matrix Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Labs 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 Labs Private Limited
Matrix Labs Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment, Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anevay Pharmaceuticals Private Limited | ₹4.94 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Chandigarh, India |
| Starior Pharma Private Limited | ₹4.94 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Ksi Medicare Private Limited | ₹4.93 Cr (FY 2022) | •••• | •••• | 27.0% | •••• | Chandigarh, India |
| Woodavens Pharmacare Private Limited | ₹4.92 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bilaspur, Chhattisgarh, India |
| Secure Diagnostics Private Limited | ₹4.91 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bhopal, Madhya Pradesh, India |
| Matrix Labs Private Limited this company | ₹4.91 Cr (FY 2024) | •••• | •••• | 103.0% | •••• | Chennai, Tamil Nadu, India |
| India Genetics Private Limited | ₹4.91 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Udaipur, Rajasthan, India |
| Virtuarc Private Limited | ₹4.91 Cr (FY 2023) | •••• | •••• | 41.0% | •••• | Hyderabad, Telangana, India |
| Pooja Auxychem Private Limited | ₹4.9 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Ahmedabad, Gujarat, India |
| Bhandari Medicals Pvt. Ltd | ₹4.9 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | N.G.H.Road, Jodhpur, Rajasthan, India |
| Get Well Chemist and Druggist Private Limited | ₹4.9 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Matrix Labs by revenue in the Healthcare industry (Medical and Laboratory Equipment, Pharma Retail and Distribution), 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 Labs Private Limited
Matrix Labs Private Limited is audited by CA P ARUL JOTHI A C A for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CA P ARUL JOTHI A C A | 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 Labs Private Limited
Matrix Labs has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulandaivel Padmanathan Also directs: Acee Tubes Private Limited | Director | 30 Jan 2014 | 12 Years 8 Months | Current |
| Suresh | Director | 30 Jan 2014 | 12 Years 8 Months | Current |
| Seyed Ahamed | Director | 28 Mar 2016 | 10 Years 6 Months | Current |
| Tamilmani Elavarasan | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
Ownership and Shareholding of Matrix Labs 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 Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2024 | Others | ₹1 Cr | Open |
| 27 Oct 2023 | Hdfc Bank Limited | ₹2 Cr | Open |
| 04 Oct 2023 | Others | ₹2 Cr | Open |
| 13 Oct 2021 | Hdfc Bank Limited | ₹9.72 Lakh | Open |
| 24 Mar 2017 | Others | ₹40 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Matrix Labs Private Limited
Matrix Labs Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Arbitration matter | Filed against the company by Molecular Quest Healthcare Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Rare Metabokics Life Sciences Pvt. Ltd | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Matrix Labs Private Limited
Matrix Labs operates one associated brand: Matrixlabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| In-vitro diagnostic products and services are distributed by Matrixlabs. | matrixlabs.in |
Employees and EPFO Compliance at Matrix Labs Private Limited
Employment history and EPFO contributions of people linked to Matrix Labs.
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.
News related to Matrix Labs Private Limited
Recent Activity on Matrix Labs Private Limited
Matrix Labs Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Tamilmani Elavarasan was appointed as Director on 01 Jul 2022.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Matrix Labs 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 Labs 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 Labs 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 Labs Private Limited
Matrix Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCM6293R1ZM | Tamil Nadu | Active | 01 Jul 2017 |
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 Labs 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 Labs Private Limited
Matrix Labs is an active private limited company based in Chennai, Tamil Nadu, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 30 January 2014 (12+ years old) and is registered under CIN U33110TN2014PTC094784.
Matrix Labs reported revenue of ₹4.91 Cr for FY 2024 (up 103% YoY).
Matrix Labs has 4 current directors:
- Kulandaivel Padmanathan - Director
- Suresh - Director
- Seyed Ahamed - Director
- Tamilmani Elavarasan - Director
Matrix Labs reported a net profit of ₹11.71 Lakh (net margin 2.4%) and EBITDA of ₹36.2 Lakh (EBITDA margin 7.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Matrix Labs is 83% over three years and -4% over five years. In the latest year (FY 2024) revenue rose 103%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Matrix Labs is 33AAJCM6293R1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Matrix Labs is U33110TN2014PTC094784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Labs has 2 court cases on record: 2 filed against it.
Matrix Labs was incorporated on 30 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Matrix Labs by revenue are Anevay Pharmaceuticals Private Limited, Starior Pharma Private Limited, Ksi Medicare Private Limited, Woodavens Pharmacare Private Limited, Secure Diagnostics Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment, Pharma Retail and Distribution).
Tamilmani Elavarasan was appointed as Director on 01 Jul 2022. Revannath Bhujangrao Patil ceased to be Director on 27 May 2022. Benny Joseph ceased to be Director on 31 Mar 2019. Matrix Labs has 6 board changes on record in total.