Matrix Private Limited
About Matrix Private Limited
Data last updated:
Matrix Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 29 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24220DL2008PTC181451. Its GSTIN is 07AAFCM6852Q1ZQ (Delhi).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Matrix Paints Private Limited. It is led by directors Mukul Agarval and Shruti Aggarwal.
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 J – 42 Ground Floor Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹61.91 Lakh (net margin 6.8%) and EBITDA of ₹99.56 Lakh (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 175% over five years.
As per MCA filings, the company has open charges of ₹5.16 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 7 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressJ – 42 Ground Floor Saket, New Delhi, Delhi, India – 110017
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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 Private Limited
The main business activities of Matrix are trade and construction. In detail, this covers wholesale trading and buildings. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| F | Construction | F1 | Buildings | 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 Private Limited FY 2024 filings available
Matrix Private Limited reported revenue of ₹9.07 Cr (up 236% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Matrix Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 175% over five years, including 236% growth in the latest year. EBITDA rose 71% 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 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 | ₹99.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹61.91 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 Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 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 Private Limited
Matrix Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical 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 |
|---|---|---|---|---|---|---|
| Core Solucomm Limited | ₹9.11 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | New Delhi, Delhi, India |
| Ananya Fibrochem Private Limited | ₹9.11 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Jaipur, Rajasthan, India |
| Trident Colours Private Limited | ₹9.11 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Tiruppur, Tamil Nadu, India |
| Gal International Limited | ₹9.09 Cr (FY 2025) | •••• | •••• | 264.0% | •••• | Mumbai, Maharashtra, India |
| Indian Glass & Electricals Private Limited | ₹9.08 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Matrix Private Limited this company | ₹9.07 Cr (FY 2024) | •••• | •••• | 236.0% | •••• | New Delhi, Delhi, India |
| Sree Saikripa Chemisoles Private Limited | ₹9.07 Cr (FY 2024) | •••• | •••• | -43.0% | •••• | Hyderabad, Telangana, India |
| Adwavik Services Private Limited | ₹9.06 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Delhi Essence Chem Private Limited | ₹9.06 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Delhi, India |
| Rajdhani Sales Private Limited | ₹9.06 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Mohta Micro Minerals Private Limited | ₹9.03 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Matrix by revenue in the Chemicals industry (Chemical 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 Private Limited
Matrix Private Limited is audited by RTPS & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RTPS & CO. | 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 Private Limited
Matrix has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Agarval Also directs: Hyba Private Limited | Director | 29 Jul 2008 | 18 Years 2 Months | Current |
| Shruti Aggarwal Also directs: Hyba Private Limited | Director | 29 Jul 2008 | 18 Years 2 Months | Current |
Ownership and Shareholding of Matrix 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 Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2025 | Others | ₹78.4 Lakh | Open |
| 21 Dec 2023 | Others | ₹3.38 Cr | Open |
| 25 Apr 2023 | Others | ₹1 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Matrix Private Limited
Matrix Private Limited has 14 court cases on record: 5 filed by Matrix, 7 filed against it, 2 where it is another party. 4 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 3 |
| High courts | 4 | 0 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bhushan Dealmark Private Limited | Disposed |
| District court, Gurugram, Haryana | Appeal | Filed by the company against an individual | Pending |
| District court, Muzaffarnagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Pending |
Full case history
All 14 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.
Employees and EPFO Compliance at Matrix Private Limited
Employment history and EPFO contributions of people linked to Matrix.
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 Private Limited
Matrix Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Mukul Agarval was appointed as Director on 29 Jul 2008.
Credit Ratings, Litigation & Regulatory Alerts for Matrix 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 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 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 Private Limited
Matrix has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCM6852Q1ZQ | Delhi | 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 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 Private Limited
Matrix is an active private limited company based in New Delhi, Delhi, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 29 July 2008 (18+ years old) and is registered under CIN U24220DL2008PTC181451.
Matrix reported revenue of ₹9.07 Cr for FY 2024 (up 236% YoY).
Matrix has 2 current directors:
- Mukul Agarval - Director
- Shruti Aggarwal - Director
Matrix reported a net profit of ₹61.91 Lakh (net margin 6.8%) and EBITDA of ₹99.56 Lakh (EBITDA margin 11%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Matrix is 54% over three years and 175% over five years. In the latest year (FY 2024) revenue rose 236%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Matrix is 07AAFCM6852Q1ZQ, registered in Delhi.
The CIN (Corporate Identification Number) of Matrix is U24220DL2008PTC181451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix has 14 court cases on record: 5 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.
Matrix was incorporated on 29 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Matrix by revenue are Core Solucomm Limited, Ananya Fibrochem Private Limited, Trident Colours Private Limited, Gal International Limited, Indian Glass & Electricals Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Mukul Agarval was appointed as Director on 29 Jul 2008. Shruti Aggarwal was appointed as Director on 29 Jul 2008.