Matrix Geo Solutions Limited, a geospatial technology and
engineering consultancy company, announced its audited financial results for the financial
year ended March 31, 2026, reporting strong growth across revenue, profitability, and
balance sheet metrics. The company recorded a 73.2% increase in net profit to
₹1,005.92 lakh for FY26, compared to ₹580.75 lakh in the previous financial year.
Revenue from operations for FY26 stood at ₹4,010.08 lakh, an 81.5% increase over
₹2,209.42 lakh reported in FY25. Total income for the year increased to ₹4,147.53 lakh
from ₹2,219.25 lakh in the corresponding previous period, driven by continued business
expansion and growing demand for the company’s geospatial and drone-led service
offerings.
Profit before tax for FY26 rose to ₹1,347.38 lakh as against ₹776.07 lakh in FY25, while
earnings per share increased to ₹7.95 from ₹5.42 in the previous year. Total expenses for
the year stood at ₹2,800.15 lakh compared to ₹1,443.18 lakh in FY25, in line with the
company’s expanding operational scale and business growth.
The company also strengthened its overall financial position during the year. As of March
31, 2026, total assets stood at ₹7,722.37 lakh, compared to ₹2,980.09 lakh a year earlier.
Shareholders’ funds increased to ₹6,549.59 lakh, supported by growth in share capital and
reserves following the company’s successful Initial Public Offering. Current investments
were recorded at ₹2,000 lakh, while cash and cash equivalents rose to ₹666.54 lakh.
The Board of Directors approved the audited financial results during its meeting held on
May 18, 2026. The audited financial statements for FY26 received an unmodified opinion
from the statutory auditors. The company further confirmed that there were no defaults on
loans or debt securities during the financial year.
Commenting on the company’s performance, Amit Sharma, Whole Time Director,
Matrix Geo Solutions Limited, said, “FY26 has been a landmark year for Matrix Geo
Solutions, marked by strong financial growth, successful public listing, and continued
expansion of our geospatial and Drone-as-a-Service capabilities. The growth in
revenue and profitability comes from increasing adoption of advanced geospatial
intelligence and drone-based solutions across infrastructure, utilities, urban planning,
and industrial sectors. With a stronger balance sheet and enhanced market
presence following our IPO, the company remains focused on scaling innovation-led
services and building long-term value for stakeholders.”
During the year, the company successfully completed its Initial Public Offering, with its
equity shares listed on the SME Emerge Platform of the National Stock Exchange of India
Limited (NSE) on September 30, 2025. Going forward, Matrix Geo Solutions aims to
further strengthen its presence in geospatial technology and Drone-as-a-Service (DaaS)
segments by expanding capabilities, scaling technology-led solutions, and supporting
infrastructure and industrial projects with advanced mapping and remote sensing services.
Exchange Reporting Link: https://www.nseindia.com/get-quote/equity/MGSL/Matrix-
Geo-Solutions-Limited
About Matrix Geo
Matrix Geo Solutions is primarily engaged in providing comprehensive geospatial and
consulting services, with a strong focus on Drone-as-a-Service (DaaS) and Geospatial &
Remote Sensing solutions. Through DaaS, the company offers high-resolution drone-based
aerial surveys for a wide range of applications including mapping, surveillance,
infrastructure inspection, and other critical data-driven decision-making requirements.
To know more, visit www.matrix-geo.com.
Social Media Handles:- Matrix Geo Solutions Ltd. & Mr. Amit Sharma
