Not a live quote.
Historical data
Price history
Recorded snapshot values in Indian rupees. These prices are historical.
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- First
- ₹4.46
- Low
- ₹2.78
- High
- ₹4.46
- Last
- ₹2.78
View recorded prices
| Date | Price (INR) |
|---|---|
| ₹2.78 | |
| ₹2.78 | |
| ₹3.47 | |
| ₹4.16 | |
| ₹4.20 | |
| ₹4.46 |
Tap or drag to inspect a price. Use the arrow keys when the chart is focused.
- First
- ₹2.94
- Low
- ₹2.78
- High
- ₹2.94
- Last
- ₹2.78
View recorded prices
| Date | Price (INR) |
|---|---|
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.89 | |
| ₹2.94 |
Tap or drag to inspect a price. Use the arrow keys when the chart is focused.
- First
- ₹2.94
- Low
- ₹2.78
- High
- ₹2.94
- Last
- ₹2.78
View recorded prices
| Date | Price (INR) |
|---|---|
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.78 | |
| ₹2.94 | |
| ₹2.94 | |
| ₹2.94 |
Tap or drag to inspect a price. Use the arrow keys when the chart is focused.
- First
- ₹4.46
- Low
- ₹2.78
- High
- ₹4.46
- Last
- ₹2.78
View recorded prices
| Date | Price (INR) |
|---|---|
| ₹2.78 | |
| ₹2.78 | |
| ₹3.47 | |
| ₹4.16 | |
| ₹4.20 | |
| ₹4.46 |
Tap or drag to inspect a price. Use the arrow keys when the chart is focused.
- First
- ₹23.00
- Low
- ₹2.78
- High
- ₹23.00
- Last
- ₹2.78
View recorded prices
| Date | Price (INR) |
|---|---|
| ₹2.78 | |
| ₹2.78 | |
| ₹3.46 | |
| ₹4.16 | |
| ₹4.20 | |
| ₹4.46 | |
| ₹8.93 | |
| ₹9.45 | |
| ₹15.75 | |
| ₹18.00 | |
| ₹21.00 | |
| ₹23.00 |
Tap or drag to inspect a price. Use the arrow keys when the chart is focused.
- First
- ₹557.20
- Low
- ₹2.78
- High
- ₹557.20
- Last
- ₹2.78
View recorded prices
| Date | Price (INR) |
|---|---|
| ₹2.78 | |
| ₹4.46 | |
| ₹23.00 | |
| ₹58.00 | |
| ₹557.20 |
Tap or drag to inspect a price. Use the arrow keys when the chart is focused.
- First
- ₹286.72
- Low
- ₹2.78
- High
- ₹409.59
- Last
- ₹2.78
View recorded prices
| Date | Price (INR) |
|---|---|
| ₹2.78 | |
| ₹23.00 | |
| ₹409.59 | |
| ₹286.72 |
Company profile
Overview
Matrix Gas and Renewables is a company from Ahmedabad, Gujarat. It started in 2018 under another name, Gensol Renewables, and first worked on solar projects. In 2022, it changed its name to Matrix Gas and Renewables and moved to a line of work i.e., natural gas aggregation.
The company does not produce gas or own big gas fields. It finds gas from different sources and sells it to factories and city gas companies. Its buyers include makers of ceramics, steel, glass, fertiliser, and chemicals. Think of it as a middleman that connects gas sellers with buyers. It has sold to customers in states like Gujarat, Maharashtra, Rajasthan and Punjab.
Read the full overview
The business grew fast. In 2023, it earned about Rs. 490 cr and made a profit of about Rs. 32 cr. In 2024, sales reached around Rs. 614 cr. One big weakness was that a few customers gave almost all of their income, so losing one could hurt badly. The company also dreamed of green hydrogen, a clean fuel. Along with Gensol Engineering, it won projects in 2024, including a green hydrogen valley in Pune. In March 2024, it raised Rs. 350 cr from investors, and it planned a big public share sale. That sale never happened.
The founders, Anmol Singh Jaggi and Puneet Singh Jaggi, also ran Gensol Engineering and the cab company BluSmart. In April 2025, India’s market regulator SEBI accused Gensol of misusing funds and barred the brothers from the market. The group’s accounts were frozen, and Gensol went into insolvency. Matrix Gas said these freezes stopped its daily work. In February 2026, insolvency proceedings were started against Matrix Gas itself on an application by ICICI Bank. A court-appointed professional now runs the company.
Matrix Gas grew rapidly between 2022 and 2024, according to public reports. Then its parent group, Gensol, ran into trouble with the regulator and went into insolvency. In February 2026, Matrix Gas itself was also pulled into insolvency.
- Sector
- Manufacturing · Infrastructure
- ISIN
- INE0PO201010
- Face Value
- ₹10
- Depository
- NSDL, CDSL
- RTA
- link intime
- HQ
- 15th Floor, A Block, Westgate Business Bay, S G Road,Jivraj Park, Ahmadabad City - 380051, Gujarat
Reported figures
Financials
Figures and periods shown as reported in the snapshot.
Profit and loss
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | 614.3 | 490.3 | 0.1 | 0 |
| Expense | 561.1 | 444.3 | 0.4 | 0 |
| EBITDA | 53.2 | 46 | −0.3 | 0 |
| Other Cost | 3.1 | 3.2 | 0 | 0 |
| Profit Before Taxes | 50.1 | 42.8 | −0.3 | 0 |
| Tax Expense | 12.9 | 10.8 | −0.1 | 0 |
| Profit after Taxes | 37.2 | 32 | −0.2 | 0 |
| Other Income (Exp.) | 0 | 0 | 0 | 0 |
| Income (Net of Taxes) | 37.2 | 32 | −0.2 | 0 |
| Outstanding Share | 2.64 | 1.5 | 0 | 0 |
| Earning per Share (₹) | 20.8 | 21.3 | −198.5 | 1.4 |
| Revenue Growth % | 25.29% | 4,90,200% | — | — |
| EBITDA Margin % | 8.66% | 9.38% | −300% | — |
| Net Margin % | 6.06% | 6.53% | −200% | — |
| EPS Growth % | −2.35% | −110.73% | −14,278.57% | — |
Balance sheet
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Cash & Cash Equivalent | 223.6 | 8.5 | 0 | 0 |
| Non Current Asset | 5.6 | 37.4 | 4.7 | 4.7 |
| Current Asset | 312 | 37.2 | 17.1 | 0.2 |
| Total Asset | 541.2 | 83.1 | 21.8 | 4.9 |
| Equity Share Capital | 26.4 | 15 | 0 | 0 |
| Reserves | 396.1 | 16.8 | −0.2 | 0 |
| Total Equity | 422.5 | 31.8 | −0.2 | 0 |
| Non Current Liability | 0.5 | 0.2 | 0.1 | 0.1 |
| Current Liability | 118.2 | 51.1 | 21.9 | 4.8 |
| Total Liabilities | 118.7 | 51.3 | 22 | 4.9 |
| Total Equity & Liability | 541.2 | 83.1 | 21.8 | 4.9 |
Cash flow
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating Activity | −127.7 | 41.2 | −13.4 | 0.04 |
| Investing Activity | −9.2 | −36.4 | 0.2 | 0 |
| Financing Activity | 345.9 | 3.8 | 13.2 | 0 |
| Net Cash Flow | 209 | 8.5 | 0 | 0.04 |
Source material
Documents
Reports link to the original publisher’s files.