Matrix Geo Solutions Ltd
Established in 2008, Matrix Geo Solutions Limited is a consultancy firm specializing in advanced survey technologies, including photogrammetry, LiDAR, GIS, and remote sensing, utilizing drones and satellite imagery.[1]
- Market Cap ₹ 109 Cr.
- Current Price ₹ 75.0
- High / Low ₹ 120 / 62.0
- Stock P/E 10.9
- Book Value ₹ 44.9
- Dividend Yield 0.00 %
- ROCE 30.0 %
- ROE 23.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 343 days.
- Working capital days have increased from 280 days to 480 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 10 | 9 | 14 | 22 | 40 | |
| 8 | 7 | 9 | 14 | 27 | |
| Operating Profit | 2 | 2 | 5 | 8 | 13 |
| OPM % | 18% | 21% | 37% | 38% | 33% |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 2 | 1 | 4 | 8 | 13 |
| Tax % | 24% | 23% | 25% | 25% | 25% |
| 1 | 1 | 3 | 6 | 10 | |
| EPS in Rs | 1,210.00 | 1,090.00 | 3,350.00 | 5.47 | 6.90 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 66% |
| TTM: | 82% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 110% |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 27% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 11 | 15 |
| Reserves | 7 | 8 | 11 | 11 | 51 |
| 0 | 2 | 2 | 2 | 2 | |
| 7 | 5 | 4 | 7 | 10 | |
| Total Liabilities | 14 | 15 | 17 | 31 | 77 |
| 1 | 3 | 3 | 4 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 20 |
| 13 | 12 | 14 | 27 | 52 | |
| Total Assets | 14 | 15 | 17 | 31 | 77 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 1 | 0 | 2 | 2 | -11 | |
| -0 | -2 | -1 | -1 | -22 | |
| -1 | 1 | -0 | 5 | 34 | |
| Net Cash Flow | 0 | 0 | 0 | 5 | 1 |
| Free Cash Flow | 2 | -2 | 2 | 0 | -13 |
| CFO/OP | 56% | 23% | 55% | 37% | -53% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 359 | 287 | 216 | 198 | 343 |
| Inventory Days | 0 | 0 | 3 | 0 | 0 |
| Days Payable | 147 | ||||
| Cash Conversion Cycle | 359 | 287 | 72 | 198 | 343 |
| Working Capital Days | 136 | 166 | 179 | 182 | 480 |
| ROCE % | 19% | 42% | 44% | 30% |
Insights
In beta| Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Drone Fleet Size Number |
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| Employee Attrition Rate % |
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| Outstanding Order Book ₹ in Lakhs |
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| Revenue from Drone-as-a-Service (DaaS) ₹ in Lakhs |
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| Total Employees Number |
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| Total Number of Clients Number |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
18 May 2026 - Matrix Geo Solutions approved FY26 audited results; revenue Rs 40.10 crore, PAT Rs 10.06 crore, unmodified audit opinion.
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Monitoring Agency Report
15 May 2026 - CARE monitoring report flags up to 10% deviation; Rs 0.95 crore GCP used, project delays noted.
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Structural Digital Database
11 May 2026 - Submitted SDD compliance certificate for year ended March 31, 2026.
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Integrated Filing- Governance
23 April 2026 - Quarter ended March 31, 2026 governance filing; two GST late fees of Rs 100 and Rs 200.
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Updates
18 April 2026 - Company confirms it is not a Large Corporate for FY2026; disclosure not applicable.
Business Profile[1][2]
The company provides comprehensive geospatial and consulting services, specializing in Drone-as-a-Service (DaaS), remote sensing, LiDAR, satellite imaging, and geospatial analytics. It provides end-to-end solutions, including survey, mapping, inspection, consultancy, data analytics, and real-time web-based project monitoring.