Funskool’s revenue crosses ₹300 crore in FY25

Funskool now contributes close to 20% of India’s total toy exports
| Photo Credit:
BIJOY GHOSH

Funskool India Ltd, the country’s leading toy manufacturer, reported a 18 per cent year-on-year growth in revenue in FY25 to ₹300 crore as against ₹255 crore in the previous fiscal.

The company has attributed this growth to their long-term strategy of strengthening exports and contract manufacturing partnerships with global toy multinationals, while continuing to build a strong domestic brand presence. Notably, exports grew by nearly 30 per cent compared to the previous year.

For the current fiscal, Funskool has set an ambitious target of achieving $40–45 million in revenue, capitalising on the shifting global trade landscape and increasing preference for Indian manufacturing. Funskool now contributes close to 20 per cent of India’s total toy exports, with exports to the US accounting for around 40 per cent of the company’s total outbound shipments.

KA Shabir, CEO, Funskool India Ltd., said, “We are moving in the right direction. With an impressive growth trajectory, Funskool continues to play a vital role in advancing the ‘Make in India’ initiative. We are focused on deepening our partnerships with global toy brands and further positioning ourselves as a quality toy manufacturer in the international supply chain.”

The company doubled its production capacity last year through major expansions at its Ranipet facilities. In line with its aggressive growth plans, further capacity additions are planned across its Goa and Ranipet plants.

Published on April 24, 2025