Matrix Service Company
Matrix Service Company (NASDAQ: MTRX) is trading at $9.47, about ₹910 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.66% today. Indian residents can buy Matrix Service from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$9.39
Today's high
$9.68
52 week low
$9.39
52 week high
$15.97
MTRX opened at $9.64, closed previously at $9.63, and has traded between $9.39 and $15.97 over the past 52 weeks.
About
Matrix Service Company (MTRX), established in 1984 and headquartered in Tulsa, Oklahoma, operates as a diversified global contractor. The firm offers a comprehensive suite of services, including engineering, fabrication, infrastructure development, construction, and maintenance. It primarily caters to critical industries such as oil, gas, power generation, petrochemicals, manufacturing, agriculture, mining, and minerals. Matrix Service Company's operations extend across the United States, Canada, South Korea, Australia, and other international markets. The company organizes its activities into three principal segments: 1. Utility and Power Infrastructure: This division specializes in electrical power delivery systems. Its services encompass the construction of new substations, modernizing existing ones, installing and upgrading transmission and distribution lines, and providing essential maintenance. Furthermore, it offers critical emergency and storm restoration services and contributes to the construction and upkeep of combined cycle and other natural gas-fired power plants. 2. Process and Industrial Facilities: This segment focuses on a range of industrial processes. Key activities include crude oil refinement, as well as the processing, fractionation, and commercialization of natural gas and natural gas liquids. The services provided extend to plant maintenance, executing scheduled turnarounds, engineering support, specialized industrial cleaning, and new capital construction projects. 3. Storage and Terminal Solutions: This segment is dedicated to facilities for the storage and transfer of various commodities. It undertakes the engineering, fabrication, construction, and both planned and emergency maintenance and repair of aboveground storage tanks and terminals. Its expertise also covers specialized vessels such as those for liquefied natural gas (LNG), liquid nitrogen/oxygen (LN2/LOX), liquefied petroleum gas (LPG), and hydrogen, including spherical designs. Additionally, the segment handles marine structures and truck/rail loading and offloading facilities. Within these offerings, it also provides specific components and systems like geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals.
Key statistics
Avg. volume
288.00K
Market cap
$266.43M
P/E Ratio
-102.82
Price-to-sales ratio
0.30
Enterprise value
$184.13M
Free cash flow yield
0.37%
Debt-to-equity ratio
0.14
Return on equity
-1.82%
ROIC
-5.84%
Beta
0.98
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$873.63M
Earnings per share
-$0.09
Free cash flow
$1.42M
Net profit margin
-0.30%
Gross margin
7.32%
EBITDA
$6.85M
Revenue growth
13.56%
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This is not an investment recommendation
How to buy Matrix Service from India
Indian residents can buy Matrix Service shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Matrix Service and place an order
Find Matrix Service by name or by its ticker, MTRX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Matrix Service trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Matrix Service position in USD and INR. Matrix Service pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Matrix Service from India
Trading and taxes when buying Matrix Service from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneMatrix Service does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Matrix Service stock?
Yes. Matrix Service (MTRX) has been listed on NASDAQ since 1990, in the Engineering & Construction industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Matrix Service share cost in rupees?
One Matrix Service share is $9.47 — about ₹910 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Matrix Service price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Matrix Service from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Matrix Service?
Yes. One Matrix Service share is $9.47, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Matrix Service.
How are gains on Matrix Service shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Matrix Service price. Paasa issues a capital-gains statement for your return.
Does Matrix Service pay a dividend?
No. Matrix Service does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Matrix Service from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Matrix Service shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Matrix Service shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Matrix Service holding, its cost and its closing value.
How do I sell Matrix Service and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.