About Sanmar Matrix Metals Limited
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Sanmar Matrix Metals Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Sanmar Engineering Technologies Private Limited. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 28 March 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33112TN1983PLC009911. Its GSTIN is 33AAHCS1543E1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹174.1 Cr and a paid-up capital of ₹73.5 Cr. It was formerly known as Fmc Sanmar Limited and Geosource India Private Limited. It is led by directors including Narayan Sethuramon (Managing Director) and Lavanya Venkatesh.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9 Cathedral Roadchennai 600086, Tamil Nadu, India – 600086.
As per the financials filed for FY 2025, the company reported a revenue of ₹477.05 Cr. For the same year it recorded a net loss of ₹6.54 Cr (net margin -1.4%) and EBITDA of ₹49.84 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company has about 594 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Matrix Metals. As per MCA filings, the company has open charges of ₹456.27 Cr and satisfied charges of ₹625.44 Cr on record. Court records list 84 cases involving the company, including 73 filed by the company and 11 filed against it; 6 cases are pending. The company has 11 deals on record (6 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹292.3 Cr; the latest was in March 2024. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,170 overdue payments to 269 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrixmetalsglobal.com.
Company details
Name history
Sanmar Matrix Metals has undergone 5 name changes throughout its history. The current legal name is Sanmar Matrix Metals Limited.
| Company Name | Status |
|---|---|
| Sanmar Matrix Metals Limited | Current |
| Fmc Sanmar Limited | Previous |
| Geosource India Private Limited | Previous |
| Sanmar Foundries Limited | Previous |
| Fmc Technologies Sanmar Limited | Previous |
| Geosource India Limited | Previous |
CIN history
Sanmar Matrix Metals has one previous CIN (Corporate Identification Number): L33112TN1983PLC009911. The current CIN is U33112TN1983PLC009911, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33112TN1983PLC009911 | Current |
| L33112TN1983PLC009911 | Previous |
Contact details
Sanmar Matrix Metals Limited's registered office is in Chennai, Tamil Nadu. Its website is matrixmetalsglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9 Cathedral Roadchennai 600086, Tamil Nadu, India – 600086
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Sanmar Matrix Metals 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
Sanmar Matrix Metals operates one associated brand: Matrix Metals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Matrix Metals is engaged in steel casting manufacturing globally. | matrixmetalsglobal.com |
Business activity
The main business activity of Sanmar Matrix Metals is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Sanmar Matrix Metals Limited, buy the company report.
Financials of Sanmar Matrix Metals Limited
FY 2025 filings availableSanmar Matrix Metals Limited reported revenue of ₹477.05 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years. EBITDA fell 12% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹477.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.54 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | -1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sanmar Matrix Metals Limited, buy the company report.
Board of directors and KMP of Sanmar Matrix Metals Limited
Sanmar Matrix Metals Limited currently reports 3 directors and 2 key managerial personnel. 28 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lavanya Venkatesh Also directs: Sanmar Chemical Enterprises Limited, Sanmar Group International Limited, Sanmar Shipping Limited and 2 more | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
| Balasubramanyan Visweswaran Also directs: Flowserve Sanmar Private Limited, Xomox Sanmar Limited, BS & B Safety Systems (India) Limited and 2 more | Director | 31 Mar 2020 | 6 Years 7 Months | Current |
| Narayan Sethuramon Also directs: Flowserve Sanmar Private Limited, Xomox Sanmar Limited, Trala Electromech Systems Private Limited and 4 more | Managing Director | 01 Jul 2018 | 8 Years 4 Months | Current |
| Joydeep Banerjee | Cfo | 25 Feb 2025 | 1 Years 8 Months | Current |
| Satya Narayan Nayak Also directs: Coromandel Insurance and Multi Services Limited | Company Secretary | 19 May 2025 | 1 Years 5 Months | Current |
Auditor
Sanmar Matrix Metals Limited is audited by PKF Sridhar & Santhanam LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF Sridhar & Santhanam LLP | FY 2025 | 003990S/S200018 |
Shareholding
The shareholding of Sanmar Matrix Metals Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sanmar Matrix Metals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101104313 | Idbi Trusteeship Services Limited | ₹200 Cr | Open | |
| 08 Mar 2024 | 100887565 | Indian Overseas Bank | ₹26.6 Lakh | Open | |
| 22 Feb 2024 | 100876894 | Idbi Trusteeship Services Limited | ₹75 Cr | Open | |
| 28 Aug 2023 | 100780180 | Yes Bank Limited | ₹75 Cr | Open | |
| 17 Nov 2016 | 100065617 | Others | ₹53 Cr | Open |
To see the full charge records of Sanmar Matrix Metals Limited, buy the company report.
Total charge records: 43 View all charges
Deals & funding
Sanmar Matrix Metals Limited has 11 deals on record (6 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹292.3 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹12.6 Cr | Investors: Sanmar Engineering Technologies Private Limited |
| Jul 2022 | Funding round | ₹46 Cr | Investors: Sanmar Engineering Technologies Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Sanmar Engineering Technologies Private Limited Seller: Nine International Securities Private Limited , Sanmar Consolidations Limited |
| Mar 2019 | Acquisition | Undisclosed | Buyer: Sanmar Engineering Technologies Private Limited Seller: Sanmar Consolidations Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: B Sec Services Limited |
To see the full deal history of Sanmar Matrix Metals 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
Sanmar Matrix Metals Limited has 84 court cases on record: 73 filed by Sanmar Matrix Metals, 11 filed against it. 6 cases are pending and 78 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 73 | 7 | 3 |
| District courts | 8 | 4 | 0 |
| Supreme Court | 3 | 0 | 3 |
Cases on record (5 of 84)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed by the company against Hindustan Petroleum Corporation Limited and Anr | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Oil & Natural Gas Corporation Ltd | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Tamil Nadu Generation and Distribution M/S Gunaraj, S.K.Raameshuwar,P.R.Dhilipkumar and 5 others | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Tamil Nadu Generation and Distribution M/S Gunaraj, S.K.Raameshuwar,P.R.Dhilipkumar and 5 others | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Tamil Nadu Generation and Distribution M/S Gunaraj, P.R.Dhilipkumar,S.K.Raameshuwar and 5 others | Pending |
To see the full case history of Sanmar Matrix Metals 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
Sanmar Matrix Metals Limited was last rated by Care on 23 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Jun 2022 |
To see the full credit ratings and regulatory alerts of Sanmar Matrix Metals Limited, buy the company report.
MSME payment delays
Sanmar Matrix Metals Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,170 overdue payments to 269 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 (5 of 269)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Coimbatore Potteries & Refractories | |||
| Cosmos Engineering Solutions | |||
| an individual supplier |
To see the full MSME payment records of Sanmar Matrix Metals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sanmar Matrix Metals Limited has a workforce of 594 employees on its EPFO records as of May 2026, across 4 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 594 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sanmar Matrix Metals Limited, buy the company report.
GST
Sanmar Matrix Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCS1543E1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sanmar Matrix Metals Limited, buy the company report.
Recent activity
Sanmar Matrix Metals Limited has 30 board changes on record since 2008: 5 appointments and 25 cessations. The latest: Satya Narayan Nayak was appointed as Company Secretary on 19 May 2025.
130 earlier events are in the company report.
News
Frequently asked questions
Sanmar Matrix Metals is an active public limited company based in Chennai, Tamil Nadu, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 28 March 1983 (43+ years old) and is registered under CIN U33112TN1983PLC009911.
Sanmar Matrix Metals has 5 current directors and KMP:
- Narayan Sethuramon - Managing Director
- Lavanya Venkatesh - Director
- Balasubramanyan Visweswaran - Director
- Joydeep Banerjee - Cfo
- Satya Narayan Nayak - Company Secretary
The latest financial statements of Sanmar Matrix Metals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sanmar Matrix Metals is 33AAHCS1543E1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sanmar Matrix Metals is U33112TN1983PLC009911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanmar Matrix Metals has 84 court cases on record: 73 filed by the company and 11 filed against it. 6 are pending. Most are in the high courts.
Sanmar Matrix Metals was incorporated on 28 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chennai.
Sanmar Matrix Metals has 11 deals on record (6 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹292.3 Cr; the latest was in March 2024.
Satya Narayan Nayak was appointed as Company Secretary on 19 May 2025. Joydeep Banerjee was appointed as CFO on 25 Feb 2025. Tyagi Rahul ceased to be CFO on 25 Feb 2025. Sanmar Matrix Metals has 30 board changes on record in total.
Sanmar Matrix Metals has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,170 overdue payments to 269 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Sanmar Matrix Metals can be reached through the website matrixmetalsglobal.com. Its registered office is in Chennai, Tamil Nadu, India.
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