Media Matrix Worldwide revenue doubles to ₹4.3 billion in Q1FY27

1 min read     Updated on 15 Aug 2026, 07:15 PM
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Ashish TScanX News Team
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Media Matrix Worldwide Limited delivered strong Q1FY27 results, with revenue surging to ₹4.3 billion, up from ₹2.3 billion in Q1FY26. Net profit doubled to ₹36 million from ₹18 million. The unaudited standalone and consolidated figures were approved by the Board on August 13, 2026, and published in Financial Express and Jansatta on August 15, 2026, in compliance with SEBI Listing Regulations.

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Media Matrix Worldwide Limited reported robust financial performance for the first quarter of the fiscal year 2026-27 (Q1FY27), driven by a substantial increase in revenue and profitability. The company logged revenue of ₹4.3 billion, a marked improvement from the ₹2.3 billion recorded in the same period last year. This top-line growth was accompanied by a doubling of net profit, which stood at ₹36 million versus ₹18 million year-on-year.

The results indicate strong operational momentum for the media firm, with both key financial metrics showing significant year-on-year expansion. The increase in revenue suggests higher demand or successful monetization strategies during the quarter, while the proportional rise in net profit points to effective cost management or improved operating leverage.

Regulatory Compliance and Disclosure

The unaudited financial results for the quarter ended June 30, 2026, were considered and approved by the Board of Directors in its meeting held on August 13, 2026. In compliance with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the results in newspapers on August 15, 2026.

The publications appeared in:

  • Financial Express (All Editions) - English
  • Jansatta (New Delhi) - Hindi

The submission was made to BSE Limited under Security Code No: 512267, referencing Regulation 30 and 47 of the SEBI Listing Regulations. Mohd Sagir, Company Secretary, digitally signed the disclosure.

What the Numbers Show

A notable observation from the filing is the alignment between revenue growth and profit expansion. With revenue nearly doubling (an approximate 87% increase based on disclosed figures) and net profit also doubling (a 100% increase), the company appears to have maintained or slightly improved its profit conversion efficiency. The absolute jump in net profit, though modest in scale at ₹18 million additional earnings, represents a complete doubling of the bottom line relative to the prior year's baseline.

Metric Q1 Current Q1 Prior Year Change
Revenue ₹4.3 billion ₹2.3 billion Significant Growth
Net Profit ₹36 million ₹18 million 100%

The data reflects a positive trajectory for Media Matrix Worldwide in the opening quarter of the fiscal year.

Historical Stock Returns for Media Matrix Worldwide

1 Day5 Days1 Month6 Months1 Year5 Years
+3.79%+5.45%+19.86%+45.60%+45.60%+45.60%

What specific operational initiatives or market trends contributed to the 87% revenue surge, and are these growth drivers sustainable for the remainder of FY27?

How does Media Matrix Worldwide plan to reinvest its doubled net profit to maintain this improved operating leverage in a competitive media landscape?

Given the modest absolute increase in net profit despite significant revenue growth, what cost pressures or margin challenges might emerge as the company scales further?

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Media Matrix Worldwide Issues Corporate Guarantee of ₹20 Crores for Subsidiary nexG Devices

1 min read     Updated on 01 Aug 2026, 08:51 PM
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AI Summary

Media Matrix Worldwide Limited has executed a Deed of Corporate Guarantee of ₹20 Crores in favour of SBICAP Trustee Company Limited to secure fund-based credit facilities for its subsidiary nexG Devices Private Limited from State Bank of India. The company holds 56.78% of the paid-up share capital of nexG Devices, which operates as a PAN-India distribution and logistics company in the mobility and IT segments. The transaction has been conducted on an arm's length basis, and the guarantee will be reflected as a contingent liability in the company's financial statements.

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Media Matrix Worldwide Limited has informed its stakeholders of the issuance of a corporate guarantee of ₹20 Crores on behalf of its subsidiary, nexG Devices Private Limited. The company executed a Deed of Corporate Guarantee in favour of SBICAP Trustee Company Limited to secure fund-based credit facilities availed or to be availed by nexG Devices from State Bank of India. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiary Profile and Shareholding

Media Matrix Worldwide holds 56.78% of the paid-up share capital of nexG Devices Private Limited. nexG Devices is described as an established distribution and logistics house with a PAN-India footprint, specialising in the sales and distribution of a wide range of innovative products in mobility and IT across all states. The subsidiary caters to some of the largest retail chain outlets across diverse market segments and maintains strong capabilities in national and regional distribution across Modern Trade, General Trade, and Online Channels.

Corporate Guarantee Details

The key details of the corporate guarantee, as disclosed under the SEBI Master Circular bearing reference no. HO/49/14/14(7)2025 – CFD - POD2 / I/3762/2026 dated January 30, 2026, are summarised below:

Parameter: Details
Beneficiary of Guarantee: SBICAP Trustee Company Limited
Party on Behalf of Whom Guarantee is Given: nexG Devices Private Limited (subsidiary)
Lender: State Bank of India
Amount of Guarantee: ₹20 Crores
Nature of Credit Facility: Fund-based credit facilities
Basis of Transaction: Arm's length
Financial Statement Impact: Disclosed as contingent liabilities

Promoter Interest and Arm's Length Basis

The company confirmed that nexG Devices is a subsidiary of Media Matrix Worldwide, and that apart from the extent of the company's shareholding in nexG Devices, there is no other interest in the subsidiary. The corporate guarantee has been issued on an arm's length basis. The guarantee will be disclosed as a contingent liability in the financial statements of Media Matrix Worldwide Limited, in accordance with applicable accounting standards.

Historical Stock Returns for Media Matrix Worldwide

1 Day5 Days1 Month6 Months1 Year5 Years
+3.79%+5.45%+19.86%+45.60%+45.60%+45.60%

How will the ₹20 Crore contingent liability impact Media Matrix Worldwide's debt-to-equity ratio and overall credit rating in the coming fiscal quarters?

What specific expansion strategies or inventory requirements is nexG Devices pursuing that necessitate this increase in fund-based credit facilities?

Given the arm's length nature of the transaction, how does this guarantee structure affect the financial independence and risk isolation between the parent company and its subsidiary?

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