Delhi, May 22: 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.