Funskool achieves impressive turnover in FY25; crosses ₹300 crores

Mumbai, 24th April 2025: Funskool India Limited, the country’s leading toy manufacturer, has recorded over 20% year-on-year growth for the FY 2024-25. The company’s long-term strategy of strengthening exports and contract manufacturing partnerships with global toy multinationals, while continuing to build a strong domestic brand presence, has proven highly successful. Notably, exports grew by nearly 30% compared to the previous year.

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

Commenting on the performance, Mr. K.A. 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.

In addition to its strong export performance, Funskool has continued to expand its diverse portfolio of homegrown brands—including Giggles, Fundough, Handycrafts, Play&Learn, and its growing range of Games.

About Funskool India Limited:

Funskool is India’s leading toy manufacturing company and is promoted by the MRF group. Funskool started its commercial operations in the year 1988 and has state of the art manufacturing facilities at Goa and Ranipet. Funskool pioneered the concepts of quality and safety in toys and has been instrumental in raising the standards of toys in India. Having imbibed the core values of trust, quality and customer delight from the parent company, the MRF Group, Funskool’s vision is to delight every child with their toys and aid in their holistic growth. Funskool’s toys are available in over 4,500 outlets across the country and also form a significant part of the toy-portfolio of all major e-commerce and modern trade brands in India. With the widest range of toys offered by any Indian company, Funskool has an assortment to meet the needs of every parent and child.

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