Matrix Gas and Renewables Limited is an emerging player in India's energy sector, focusing on the sourcing and marketing of natural gas while also venturing into renewable energy projects. Matrix Gas specializes in:Natural Gas Aggregation: The company sources natural gas from multiple suppliers to ensure consistent and competitive pricing for industrial customers. It provides flexible contract terms and manages the complexities of gas procurement and transportation14.Customer Base: Its clientele includes various sectors such as crude refineries, fertilizer plants, petrochemical companies, and power plants1.Renewable Energy Projects: Matrix Gas is also engaged in solar power generation and is exploring opportunities in Compressed Bio-Gas (CBG) and green hydrogen production. They are developing a solar power plant expected to generate revenue starting FY 2024-25.
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 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 (2021) | - | 0.03 | 11 | - |
| PAT | - | 0.09 | 32 | - |
| NPM | - | 20 | 6.54 | - |
| EPS | - | 90 | 11.85 | - |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | - | 91.11 | 9.1 | - |
| Net Profit Margin | - | 20 | 6.54 | - |
| Earning Per Share (Diluted) | - | 90 | 11.85 | - |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 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 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 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 | - |
| Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| PBT | - | 0.12 | 42 | - |
| OPBWC | - | 0.39 | 45 | - |
| Change in Receivables | - | 0 | -1.6 | - |
| Change in Inventories | - | 0 | 0 | - |
| Change in Payables | - | 0 | 11.4 | - |
| Other Changes | - | -22.09 | -2.8 | - |
| Working Capital Change | - | -22.09 | 7 | - |
| Cash Generated From Operations | - | -21.7 | 52 | - |
| Tax | - | -0.03 | -11 | - |
| Cash Flow From Operations | - | -21.73 | 41 | - |
| Purchase of PPE | - | 0 | -0.08 | - |
| Sale of PPE | - | 0 | 0 | - |
| Cash Flow From Investment | - | 0.15 | -36.41 | - |
| Borrowing | - | 22.01 | 7 | - |
| Divided | - | 0 | 0 | - |
| Equity | - | 0 | 0 | - |
| Others From Financing | - | -0.43 | -3.25 | - |
| Cash Flow from Financing | - | 21.58 | 3.75 | - |
| Net Cash Generated | - | 0 | 8.34 | - |
| Cash at the Start | - | 0.43 | 0.02 | - |
| Cash at the End | - | 0.43 | 8.36 | - |
| Shareholding Pattern | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Anmol Singh Jaggi | - | 25% | 25% | - |
| Puneet Singh Jagg | - | 26% | 24% | - |
| Chirag Kotecha | - | 22% | 22% | - |
| Disha Kotecha | - | - | 22% | - |
| Others | - | 27% | 7% | - |
