amit@unlistedkraft.com
+91-9599071664
+91-9599071664
- Financial Performance: The company's revenue from operations saw significant growth, with figures reaching ₹489.6 Cr as of March 31, 2023, up from ₹1.50 lakhs in 2022. The company achieved a Profit After Tax (PAT) of ₹32.04 Cr in 2023, contrasting with a net loss in the previous year.
- Strong Promoters: Backed by experienced professionals and a diversified group including Gensol Engineering Ltd. and BluSmart Mobility, Matrix Gas leverages renewable energy and electric mobility expertise.
- Solar Power Ventures: The company has a contract for a 5,330 kWp solar PV plant with Amber Enterprises India Limited, from which it expects revenue starting in FY 2024-25 after its commissioning.
- Indian Gas Exchange (IGX): The company has maintained a proprietary membership with the Indian Gas Exchange (IGX) since December 13, 2022, enabling it to acquire natural gas for short-term requirements.
- Progressing in Green Hydrogen: Matrix Gas & Renewables Ltd is at the forefront of the clean energy shift by producing Green Hydrogen. They have the skills to handle Engineering Procurement and Commissioning (EPC) as well as Build Own Operate (BOO) projects.
Matrix Gas & Renewables
DRHP Status : Not Filed
410
Current Price
410
Market Cap
1143.63 Cr
ISIN
INE0PO201010
Face Value
10
P/E Ratio
36.10
EPS
21.33
P/B Ratio
35.98
Book Value
21.40
Debt to Equity Ratio
0.91
P&L Statement
| P&L Statement | 2022 | 2023 |
|---|---|---|
| Revenue | 0.45 | 489 |
| Cost of Material Consumed | 0 | 443 |
| Gross Margins | 100 | 9.41 |
| Change in Inventory | 0 | 0 |
| Employee Benefit Expenses | 0 | 1 |
| Other Expenses | 0.04 | 0.5 |
| EBITDA | 0.41 | 44.5 |
| OPM | 91.11 | 9.1 |
| Other Income | 0.15 | 0.5 |
| Finance Cost | 0.43 | 3 |
| D&A | 0 | 0 |
| EBIT | 0.41 | 44.5 |
| EBIT Margins | 91.11 | 9.1 |
| PBT | 0.12 | 43 |
| PBT Margins | 26.67 | 8.79 |
| Tax | 0.03 | 11 |
| PAT | 0.09 | 32 |
| NPM | 20 | 6.54 |
| EPS | 90 | 11.85 |
Financial Ratios |
2022 | 2023 |
|---|---|---|
| Operating Profit Margin | 91.11 | 9.1 |
| Net Profit Margin | 20 | 6.54 |
| Earning Per Share (Diluted) | 90 | 11.85 |
Balance Sheet
| Assets | 2022 | 2023 |
|---|---|---|
| Fixed Assets | 0 | 0.07 |
| CWIP | 4.5 | 4.5 |
| Investments | 0 | 37 |
| Trade Receivables | 0.02 | 2 |
| Inventory | 0 | 0 |
| Other Assets | 17.58 | 41.43 |
| Total Assets | 22.1 | 85 |
| Liabilities | 2022 | 2023 |
|---|---|---|
| Share Capital | 0.01 | 27 |
| FV | 10 | 10 |
| Reserves | 0.09 | 17 |
| Borrowings | 22 | 29 |
| Trade Payables | 0 | 11 |
| Other Liabilities | 0 | 1 |
| Total Liabilities | 22.1 | 85 |
| Name | Holding |
|---|---|
| Anmol Singh Jaggi | 25% |
| Puneet Singh Jagg | 24% |
| Chirag Kotecha | 22% |
| Disha Kotecha | 22% |
| Others | 7% |
Matrix Gas and Renewables Limited (MGRL), as per its annual filings, is engaged in the business of construction and development of renewable energy projects including providing services in the solar industry or engineering procurement and commissioning and other ancillary services. The company’s services and solutions include gas aggregation, biogas, and solar. The company was incorporated in 2018 and has its registered office located in Ahmedabad, Gujarat.
+91-9599071664
amit@unlistedkraft.com