MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-GJ-01-0058771
Matrix Meditec Private Limited - healthcare in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.16 Cr
▼ 7% YoY
Net profit · FY 2024
₹28.43 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹2.6 Cr
EBITDA margin 19.8%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹2.25 Cr
Issued & subscribed
Open charges
₹13.5 Cr
Satisfied ₹3.82 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
2
Provident fund records
About Matrix Meditec Private Limited
Data last updated:
Matrix Meditec Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 22 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33110GJ2005PTC047106. Its GSTIN is 24AAECM5414H1ZQ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Vipul Sheth and Falgun Shirish Sheth.
Its last annual general meeting (AGM) was held on 21 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 34 Saket Industrial Estate Near Azure Fabrics Village Moraiya Taluka : Sanand, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.16 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹28.43 Lakh (net margin 2.2%) and EBITDA of ₹2.6 Cr (EBITDA margin 19.8%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Matrix Meditec. As per MCA filings, the company has open charges of ₹13.5 Cr and satisfied charges of ₹3.82 Cr on record. Court records list 23 cases involving the company, including 23 filed against it; 10 cases are pending.
Matrix Meditec Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0058771). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrixmeditec.com.
Company details
CIN U33110GJ2005PTC047106
Registration Number 047106
Incorporation Date 22 November 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 March 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0058771
Key People
Brijesh Vashrambhai Parikh Additional Director Amit Kantilal Sheth Additional Director Vipul Sheth Director Recognitions & Rankings of Matrix Meditec
Contact details
Matrix Meditec Private Limited's registered office is in Ahmedabad, Gujarat. Its website is matrixmeditec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address34 Saket Industrial Estate Near Azure Fabrics Village Moraiya Taluka : Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Matrix Meditec Private Limited, buy the company report.
Comprehensive company report
Matrix Meditec Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Matrix Meditec operates one associated brand: Matrix Meditec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Matrix Meditec supplies products for trauma, spine, joints, and orthopedic surgical instruments. | matrixmeditec.com |
Business activity
The main business activity of Matrix Meditec is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Matrix Meditec Private Limited, buy the company report.
Financials of Matrix Meditec Private Limited
FY 2024 filings availableMatrix Meditec Private Limited reported revenue of ₹13.16 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹13.16 Cr ▼ 7%
Net profit · FY 2024
₹28.43 Lakh margin 2.2%
EBITDA · FY 2024
₹2.6 Cr margin 19.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 15%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 8%
5 years · compounded
▼ 10%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 7% fall in the latest year. EBITDA fell 13% 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 | ₹2.6 Cr | ||||
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| Net Profit (PAT) | ₹28.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Matrix Meditec Private Limited, buy the company report.
Board of directors of Matrix Meditec Private Limited
Matrix Meditec has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijesh Vashrambhai Parikh | Additional Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Amit Kantilal Sheth Also directs: Calyx Healthcare India Private Limited | Additional Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Vipul Sheth | Director | 22 Nov 2005 | 20 Years 11 Months | Current |
| Falgun Shirish Sheth | Director | 22 Nov 2005 | 20 Years 11 Months | Current |
Auditor
Matrix Meditec Private Limited is audited by R M T & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M T & CO | FY 2021 | 141052W |
Shareholding
The shareholding of Matrix Meditec Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Matrix Meditec Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.5 Cr
Satisfied charges
₹3.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2016 | 10626300 | Bank of Baroda | ₹3 Cr | Open | |
| 30 May 2008 | 10107165 | Others | ₹9.83 Cr | Open | |
| 28 May 2005 | 80023060 | Bank of Baroda | ₹66.62 Lakh | Open | |
| 30 Dec 2014 | 10539223 | Bank of Baroda | ₹2.9 Cr | Satisfied | |
| 02 Jun 2009 | 10162090 | Reliance Capital Ltd | ₹30 Lakh | Satisfied |
To see the full charge records of Matrix Meditec Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Matrix Meditec Private Limited has 23 court cases on record: 23 filed against it. 10 cases are pending and 13 are disposed.
Total cases
23
Filed against the company
23
Pending
10
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 10 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Indusind Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Indusind Bank Ltd. | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd | Pending |
To see the full case history of Matrix Meditec 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 Meditec Private Limited was last rated by Brickwork on 08 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 08 Jul 2020 |
To see the full credit ratings and regulatory alerts of Matrix Meditec Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Matrix Meditec Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Matrix Meditec Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Matrix Meditec has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM5414H1ZQ | Gujarat | Active | 01 Jul 2017 |
| 27AAECM5414H1ZK | Maharashtra | Active | 02 Aug 2017 |
To see the full GST registrations and return filing status of Matrix Meditec Private Limited, buy the company report.
Recent activity
Matrix Meditec Private Limited has 10 board changes on record since 2005: 4 appointments and 6 cessations. The latest: Amit Kantilal Sheth was appointed as Additional Director on 10 Jul 2023.
AGM
Matrix Meditec Private Limited last Annual general meeting of members was held on 21 Mar 2025 as per latest MCA records.
Filing
Matrix Meditec Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Amit Kantilal Sheth was appointed as Additional Director.
Appointed
Brijesh Vashrambhai Parikh was appointed as Additional Director.
Ceased
Devilal Narayanlal Soni ceased to be Director.
Ceased
Soni Vinaben Devilal ceased to be Director.
Ceased
Dineshkumar Jyotichand Jain ceased to be Director.
Ceased
Nupur ceased to be Director.
Ceased
Sandipkumar Vinit Kumar Rakani ceased to be Director.
Charges
A charge with Others of Rs. 9.83 Cr registered on 30 May 2008 with Charge ID 10107165 was modified on 22 Aug 2017.
Charges
A charge with Bank Of Baroda amounted to Rs. 3.00 Cr with Charge ID 10626300 was registered on 15 Mar 2016.
Charges
A charge registered on 30 Dec 2014 via Charge ID 10539223 with Bank Of Baroda was fully satisfied on 14 Mar 2016.
15 earlier events are in the company report.
Frequently asked questions
Matrix Meditec is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 22 November 2005 (21+ years old) and is registered under CIN U33110GJ2005PTC047106.
Matrix Meditec has 4 current directors:
- Brijesh Vashrambhai Parikh - Additional Director
- Amit Kantilal Sheth - Additional Director
- Vipul Sheth - Director
- Falgun Shirish Sheth - Director
The latest financial statements of Matrix Meditec on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Matrix Meditec is 24AAECM5414H1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECM5414H1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Matrix Meditec is U33110GJ2005PTC047106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Meditec has 23 court cases on record: 23 filed against it. 10 are pending.
Matrix Meditec was incorporated on 22 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amit Kantilal Sheth was appointed as Additional Director on 10 Jul 2023. Brijesh Vashrambhai Parikh was appointed as Additional Director on 10 Jul 2023. Devilal Narayanlal Soni ceased to be Director on 21 Jun 2023. Matrix Meditec has 10 board changes on record in total.
Yes, Matrix Meditec is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0058771).
Matrix Meditec can be reached through the website matrixmeditec.com. Its registered office is in Ahmedabad, Gujarat, India.