- Udyam number
- UDYAM-DL-08-0000001

About Matrix Cellular (International) Services Private Limited
Data last updated:
Matrix Cellular (International) Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 17 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U64202DL2005PTC142628. Its GSTIN is 07AAECM5169M1ZZ (Delhi). The company holds 14 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹53.71 Cr. It was formerly known as Matrix Cellular (International) Services Limited. It is led by directors Har Mohina Dugal and Gagan Deep Singh Dugal.
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 7 Khullar Farm Mandi Road, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.26 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹5.61 Lakh (net margin 0.1%) and EBITDA of ₹1.56 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 1% over five years.
The company has about 20 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Matrix Cellular Services. As per MCA filings, the company has open charges of ₹16.95 Cr and satisfied charges of ₹142.91 Cr on record. Court records list 3,022 cases involving the company, including 2,972 filed by the company and 50 filed against it; 46 cases are pending. The company has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹92.28 Cr; the latest was in March 2024. Its 3 peer companies in the Telecom industry (Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 3 larger; the largest is Trineas Commerce Private Limited with revenue of ₹115.04 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 5 overdue payments to 4 micro and small suppliers.
Matrix Cellular (International) Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-08-0000001). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrix.in.
Company details
CIN history
Matrix Cellular (International) Services has one previous CIN (Corporate Identification Number): U64202DL2005PLC142628. The current CIN is U64202DL2005PTC142628, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64202DL2005PTC142628 | Current |
| U64202DL2005PLC142628 | Previous |
Recognitions & Rankings of Matrix Cellular (International) Services
Contact details
Matrix Cellular (International) Services Private Limited's registered office is in New Delhi, Delhi. Its website is matrix.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address7 Khullar Farm Mandi Road, New Delhi, Delhi, India – 110030
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Matrix Cellular (International) Services Private Limited, 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
Brands
Matrix Cellular (International) Services operates one associated brand: Matrix Cellular Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SIM cards, Forex cards, and travel insurance are provided. | matrix.in |
Business activity
The main business activity of Matrix Cellular (International) Services is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Matrix Cellular (International) Services Private Limited, buy the company report.
Financials of Matrix Cellular (International) Services Private Limited
FY 2025 filings availableMatrix Cellular (International) Services Private Limited reported revenue of ₹100.26 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 18% growth 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.56 Cr | ||||
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| Net Profit (PAT) | ₹5.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Matrix Cellular (International) Services Private Limited, buy the company report.
Board of directors of Matrix Cellular (International) Services Private Limited
Matrix Cellular (International) Services has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Har Mohina Dugal | Director | 24 Jan 2025 | 1 Years 8 Months | Current |
| Gagan Deep Singh Dugal Also directs: Hexagon Assets LLP, Tamarinde Holidays Private Limited, Matrix Cellular Services Private Limited and 4 more | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Matrix Cellular (International) Services Private Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trineas Commerce Private Limited | ₹115.04 Cr (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| United Telecoms Limited | ₹112.18 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Tata Communications Collaboration Services Private Limited | ₹101.43 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Matrix Cellular (International) Services Private Limitedthis company | ₹100.26 Cr (FY 2025) | ₹5.61 Lakh | 0.1% | 18.0% | 20 | New Delhi, Delhi, India |
To see the full peer comparison of Matrix Cellular (International) Services Private Limited, buy the company report.
Auditor
Matrix Cellular (International) Services Private Limited is audited by G.P. AGRAWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P. AGRAWAL & CO. | FY 2023 | 302082E |
Shareholding
The shareholding of Matrix Cellular (International) Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Matrix Cellular (International) Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2025 | 101145418 | Hdfc Bank Limited | ₹5 Lakh | Open | |
| 30 Jan 2025 | 101051769 | Others | ₹12 Cr | Open | |
| 30 Jan 2025 | 101051772 | Others | ₹3 Cr | Open | |
| 12 Sep 2017 | 100126822 | Others | ₹1.25 Cr | Open | |
| 12 Sep 2017 | 100126825 | Others | ₹65 Lakh | Open |
To see the full charge records of Matrix Cellular (International) Services Private Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
Matrix Cellular (International) Services Private Limited has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹92.28 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Aug 2019 | Rights issue | ₹8.42 Cr | Investors: Premier Singapore Holdings PTE Limited, an individual |
To see the full deal history of Matrix Cellular (International) Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Matrix Cellular (International) Services Private Limited has 3,022 court cases on record: 2,972 filed by Matrix Cellular (International) Services, 50 filed against it. 46 cases are pending and 2,976 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,965 | 34 | 40 |
| High courts | 55 | 16 | 5 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 3,022)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Amdocs Development Centre India LLP | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Amdocs Development Centre India LLP | Disposed |
| District court, South, Delhi | Execution petition | Filed by the company against Pournavi Events Pvt Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by G4s Secure Solutions (India) Pvt. Ltd. | Disposed |
To see the full case history of Matrix Cellular (International) Services 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 Cellular (International) Services Private Limited was last rated by Crisil on 28 Mar 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Mar 2019 |
To see the full credit ratings and regulatory alerts of Matrix Cellular (International) Services Private Limited, buy the company report.
MSME payment delays
Matrix Cellular (International) Services Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Coastal Air Conditioning Engineers |
To see the full MSME payment records of Matrix Cellular (International) Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Matrix Cellular (International) Services has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Matrix Telesolutions Private Limited | U64202DL2010PTC202522 | |
| Matrix Forex Services Private Limited | U74920DL2010PTC205917 |
To see the full group structure of Matrix Cellular (International) Services Private Limited, buy the company report.
Employees & EPFO
Matrix Cellular (International) Services Private Limited has a workforce of 20 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Matrix Cellular (International) Services has 14 GST registrations: 11 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECM5169M1ZZ | Delhi | Active | 01 Jul 2017 |
| 07AAECM5169M2ZY | Delhi | Active | 10 Jul 2017 |
| 03AAECM5169M1Z7 | Punjab | Active | 01 Jul 2017 |
| 09AAECM5169M1ZV | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matrix Cellular (International) Services Private Limited, buy the company report.
Recent activity
Matrix Cellular (International) Services Private Limited has 15 board changes on record since 2014: 4 appointments and 11 cessations. The latest: Har Mohina Dugal ceased to be Additional Director on 29 Sep 2025.
92 earlier events are in the company report.
News
Frequently asked questions
Matrix Cellular (International) Services is an active private limited company based in New Delhi, Delhi, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 17 November 2005 (21+ years old) and is registered under CIN U64202DL2005PTC142628.
Matrix Cellular (International) Services has 2 current directors:
- Har Mohina Dugal - Director
- Gagan Deep Singh Dugal - Director
The latest financial statements of Matrix Cellular (International) Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Matrix Cellular (International) Services is 07AAECM5169M1ZZ, registered in Delhi. The company has 14 GST registrations in all, of which 11 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAECM5169M2ZY (Delhi), 03AAECM5169M1Z7 (Punjab), 09AAECM5169M1ZV (Uttar Pradesh).
The CIN (Corporate Identification Number) of Matrix Cellular (International) Services is U64202DL2005PTC142628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Cellular (International) Services has 3,022 court cases on record: 2,972 filed by the company and 50 filed against it. 46 are pending. Most are in the district courts.
Matrix Cellular (International) Services was incorporated on 17 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Matrix Cellular (International) Services has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹92.28 Cr; the latest was in March 2024.
The peers of Matrix Cellular (International) Services by revenue are Trineas Commerce Private Limited, United Telecoms Limited, Tata Communications Collaboration Services Private Limited, all in the Telecom industry (Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Har Mohina Dugal ceased to be Additional Director on 29 Sep 2025. Manjit Singh Dugal ceased to be Director on 15 Apr 2025. Har Mohina Dugal was appointed as Director on 24 Jan 2025. Matrix Cellular (International) Services has 15 board changes on record in total.
Yes, Matrix Cellular (International) Services is registered as an MSME under Udyam registration (number: UDYAM-DL-08-0000001).
Matrix Cellular (International) Services has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Oct 2019.