MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-15-0002146
Matrix Grating Private Limited - telecom in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹89.6 Cr
▲ 74% YoY
Net profit · FY 2025
₹3.17 Cr
Net margin 3.5%
EBITDA · FY 2025
₹5.57 Cr
EBITDA margin 6.2%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.96 Cr
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹1 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
16
Provident fund records
About Matrix Grating Private Limited
Data last updated:
Matrix Grating Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 31 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27100PN2011PTC139052. Its GSTIN is 27AAHCM1230A1Z5 (Maharashtra).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.96 Cr. It is led by directors including Popat Ramchandra Durge (Managing Director) and Kaustubh Popat Durge.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 526/1 T P Scheme No 5 Samarat Nagar, Kolhapur, Maharashtra, India – 416008.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.6 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹3.17 Cr (net margin 3.5%) and EBITDA of ₹5.57 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 33% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹1 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 3 cases are pending.
Matrix Grating Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0002146). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrixgrating.in.
Company details
CIN U27100PN2011PTC139052
Registration Number 139052
Incorporation Date 31 March 2011
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-15-0002146
Key People
Popat Ramchandra Durge Managing Director Kaustubh Popat Durge Director Sandesh Popat Durge Director Recognitions & Rankings of Matrix Grating
Contact details
Matrix Grating Private Limited's registered office is in Kolhapur, Maharashtra. Its website is matrixgrating.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address526/1 T P Scheme No 5 Samarat Nagar, Kolhapur, Maharashtra, India – 416008
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Matrix Grating Private Limited, buy the company report.
Comprehensive company report
Matrix Grating 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
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Business activity
The main business activity of Matrix Grating is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Matrix Grating Private Limited, buy the company report.
Financials of Matrix Grating Private Limited
FY 2024 filings availableMatrix Grating Private Limited reported revenue of ₹89.6 Cr (up 74% YoY) for FY 2025.
Revenue · FY 2025
₹89.6 Cr ▲ 74%
Net profit · FY 2025
₹3.17 Cr margin 3.5%
EBITDA · FY 2025
₹5.57 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 71%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 41%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 74% growth in the latest year. EBITDA rose 86% 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 | ₹5.57 Cr | ||||
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| Net Profit (PAT) | ₹3.17 Cr | ||||
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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 | 6.2% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Matrix Grating Private Limited, buy the company report.
Board of directors of Matrix Grating Private Limited
Matrix Grating has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaustubh Popat Durge Also directs: Vinfinity Coreinfra Private Limited | Director | 15 Apr 2013 | 13 Years 6 Months | Current |
| Popat Ramchandra Durge Also directs: Vinfinity Coreinfra Private Limited | Managing Director | 15 Apr 2013 | 13 Years 6 Months | Current |
| Sandesh Popat Durge | Director | 15 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Matrix Grating Private Limited is audited by K R D K & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R D K & ASSOCIATES | FY 2023 | 018215S |
Shareholding
The shareholding of Matrix Grating 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 Grating Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2025 | 101118512 | Karnataka Bank Ltd. | ₹1.48 Cr | Open | |
| 23 Oct 2024 | 100997212 | Karnataka Bank Ltd. | ₹25 Lakh | Open | |
| 30 Apr 2024 | 100919513 | Karnataka Bank Ltd. | ₹43.5 Lakh | Open | |
| 29 Feb 2024 | 100885892 | Karnataka Bank Ltd. | ₹3 Cr | Open | |
| 18 Aug 2023 | 100766908 | Karnataka Bank Ltd. | ₹2.66 Cr | Open |
To see the full charge records of Matrix Grating Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Matrix Grating Private Limited has 6 court cases on record: 5 filed by Matrix Grating, 1 filed against it. 3 cases are pending and 3 are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Pending
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 0 | 1 |
| District courts | 2 | 1 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against VKDS Engineering Services Private Limited Karita Director Naga Pavan Dileep Kuchibotla | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Stelmec Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against M/S. Stelmec Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Stelmec Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Matrix Grating 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Matrix Grating Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Matrix Grating Private Limited has a workforce of 16 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-15.79%
GST
Matrix Grating has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM1230A1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matrix Grating Private Limited, buy the company report.
Recent activity
Matrix Grating Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Nikhil Ashok Patil ceased to be Director on 27 Mar 2019.
AGM
Matrix Grating Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Karnataka Bank Ltd. of Rs. 3.00 Cr registered on 29 Feb 2024 with Charge ID 100885892 was modified on 26 Jun 2025.
Charges
A charge with Karnataka Bank Ltd. of Rs. 1.00 Cr registered on 03 Oct 2017 with Charge ID 100130536 was modified on 26 Jun 2025.
Charges
A charge with Karnataka Bank Ltd. of Rs. 8.00 Cr registered on 02 Jan 2016 with Charge ID 10616227 was modified on 26 Jun 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.48 Cr with Charge ID 101118512 was registered on 19 Jun 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.25 Cr with Charge ID 100997212 was registered on 23 Oct 2024.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.44 Cr with Charge ID 100919513 was registered on 30 Apr 2024.
Filing
Matrix Grating Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 3.00 Cr with Charge ID 100885892 was registered on 29 Feb 2024.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 2.66 Cr with Charge ID 100766908 was registered on 18 Aug 2023.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.01 Cr with Charge ID 100707175 was registered on 05 Apr 2023.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.74 Cr with Charge ID 100529466 was registered on 19 Jan 2022.
18 earlier events are in the company report.
Frequently asked questions
Matrix Grating is an active private limited company based in Kolhapur, Maharashtra, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 31 March 2011 (15+ years old) and is registered under CIN U27100PN2011PTC139052.
Matrix Grating has 3 current directors:
- Popat Ramchandra Durge - Managing Director
- Kaustubh Popat Durge - Director
- Sandesh Popat Durge - Director
The latest financial statements of Matrix Grating on record with the MCA are for the year ended 31 March 2024. 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 Grating is 27AAHCM1230A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Matrix Grating is U27100PN2011PTC139052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Grating has 6 court cases on record: 5 filed by the company and 1 filed against it. 3 are pending. Most are in the nclat.
Matrix Grating was incorporated on 31 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Nikhil Ashok Patil ceased to be Director on 27 Mar 2019. Vishwaneel Dilip Katke ceased to be Director on 08 Mar 2018. Kaustubh Popat Durge ceased to be Additional Director on 30 Sep 2013. Matrix Grating has 10 board changes on record in total.
Yes, Matrix Grating is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0002146).
Matrix Grating can be reached through the website matrixgrating.in. Its registered office is in Kolhapur, Maharashtra, India.