Utkal Matrix Private Limited
About Utkal Matrix Private Limited
Data last updated:
Utkal Matrix Private Limited is a private limited company based in Rourkela, Odisha, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 25 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51420OR2010PTC011665. Its GSTIN is 21AAGCM3960L1ZE (Odisha).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹51 Lakh. It was formerly known as Mangalam Ores Private Limited. It is led by directors Sumeet Agarwal and Dinesh Agarwal.
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 Plot No 576 San Nuagaon Chikatmati, Rourkela, Odisha, India – 770031.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.53 Cr, a growth of 139% compared to the previous year. For the same year it recorded a net profit of ₹97.58 Lakh (net margin 21.6%) and EBITDA of ₹28.49 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹7.25 Cr and satisfied charges of ₹80.65 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No 576 San Nuagaon Chikatmati, Rourkela, Odisha, India – 770031
- 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
Financials of Utkal Matrix Private Limited FY 2025 filings available
Utkal Matrix Private Limited reported revenue of ₹4.53 Cr (up 139% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Utkal Matrix Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 139% growth in the latest year. EBITDA rose 26% 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 Utkal Matrix Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.53 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹28.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹97.58 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 Utkal Matrix Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.6% | •••• | •••• | •••• | •••• |
| 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 Utkal 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.
Auditor Details of Utkal Matrix Private Limited
Utkal Matrix Private Limited is audited by KADMAWALA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KADMAWALA & 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 Utkal Matrix Private Limited
Utkal Matrix has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumeet Agarwal Also directs: Shresth Steel & Energy LLP, Steeloflex Engineers Private Limited, Beauty Distributors Private Limited and 2 more | Director | 01 May 2019 | 7 Years 5 Months | Current |
| Dinesh Agarwal Also directs: Steeloflex Engineers Private Limited, Shyampuria Realtech LLP, Shyampuria Developers and Traders LLP and 5 more | Director | 29 Aug 2022 | 4 Years 1 Months | Current |
Ownership and Shareholding of Utkal 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 Utkal Matrix Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Sep 2025 | Others | ₹4.95 Cr | Open |
| 19 Oct 2022 | Others | ₹2.3 Cr | Open |
| 02 Oct 2021 | Axis Bank Limited | ₹50 Cr | Satisfied |
| 28 Oct 2019 | Others | ₹30 Cr | Satisfied |
| 01 Nov 2012 | Karnataka Bank Ltd. | ₹65 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Utkal Matrix Private Limited
Utkal Matrix Private Limited has 4 court cases on record: 1 filed by Utkal Matrix, 2 filed against it, 1 where it is another party. 1 case is pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sundargarh, Odisha | Civil suit | Filed by the company against Tarama Apartment Private Limited | Pending |
| District court, Sundargarh, Odisha | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Sundargarh, Odisha | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Sundargarh, Odisha | Civil suit | Company is another party | Disposed |
Full case history
All 4 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 Utkal Matrix Private Limited
Employment history and EPFO contributions of people linked to Utkal 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.
Group Structure of Utkal Matrix Private Limited
Utkal Matrix has 2 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Recent Activity on Utkal Matrix Private Limited
Utkal Matrix Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Dinesh Agarwal ceased to be Additional Director on 30 Sep 2022.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Utkal 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 Utkal 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 Utkal 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 Utkal Matrix Private Limited
Utkal Matrix has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCM3960L1ZE | Odisha | 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 Utkal 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 Utkal Matrix Private Limited
Utkal Matrix is an active private limited company based in Rourkela, Odisha, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 25 February 2010 (16+ years old) and is registered under CIN U51420OR2010PTC011665.
Utkal Matrix reported revenue of ₹4.53 Cr for FY 2022 (up 139% YoY).
Utkal Matrix has 2 current directors:
- Sumeet Agarwal - Director
- Dinesh Agarwal - Director
Utkal Matrix reported a net profit of ₹97.58 Lakh (net margin 21.6%) and EBITDA of ₹28.49 Lakh (EBITDA margin 6.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Utkal Matrix is 17% over three years and 19% over five years. In the latest year (FY 2022) revenue rose 139%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Utkal Matrix is 21AAGCM3960L1ZE, registered in Odisha.
The CIN (Corporate Identification Number) of Utkal Matrix is U51420OR2010PTC011665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkal Matrix has 4 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Utkal Matrix was incorporated on 25 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
Dinesh Agarwal ceased to be Additional Director on 30 Sep 2022. Dinesh Agarwal was appointed as Director on 29 Aug 2022. Rajendra Kumar Gupta ceased to be Director on 29 Aug 2022. Utkal Matrix has 5 board changes on record in total.