About ENEXIO
ENEXIO is an Industrial Goods & Manufacturing company based in Herne (Germany) founded in 1935, and was acquired by MVM in November 2020. Power cooling systems are manufactured for industrial energy applications. The company has 125 employees. Its Indian entity Enexio Power Cooling Solutions India Private Limited reported revenue of ₹353 Cr. ENEXIO offers products and services including Dry Cooling Systems and Wet Cooling Towers. Its focus areas include Industrial Goods and Manufacturing, Industrial Air Conditioning Systems, Manufacturers and Heat Exchangers.
Company details
ENEXIO was founded in 1935 in Herne, Germany, where operations in the energy sector have been centered. Cooling systems for power plants and industrial processes are designed and produced, with a focus on thermal management solutions. Services encompass manufacturing, engineering, and supply of evaporative and dry cooling technologies. The company maintains its primary base in Germany while supporting global infrastructure projects through enexio.com.
- Headquarters Herne, Germany
- Employees 125
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website enexio.com
- Social LinkedIn Facebook Instagram
- Acquired by MVM (Nov 2020)
- Legal Name Enexio Power Cooling Solutions India Private Limited
- Date of Incorporation 22 Apr, 1996
- Jurisdiction Chennai, Tamil Nadu, India
Associated legal entities of ENEXIO
ENEXIO operates through Enexio Power Cooling Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Enexio Power Cooling Solutions India Private Limited CIN U29191TN1996PTC035263 | Active | 22 Apr 1996 | Chennai, Tamil Nadu | ₹353 Cr | 125 | 3 | View details |
Products & Services of ENEXIO
ENEXIO offers a comprehensive portfolio of products and services, including Dry Cooling Systems and Wet Cooling Towers.
Dry cooling systems are provided for power plants to deliver water-saving solutions using air-cooled condensers and indirect dry cooling technologies.
Wet cooling towers are provided for industrial applications, featuring counter-flow designs and high-performance components to ensure efficient and scalable cooling operations.
Funding Insights of ENEXIO
- Total Rounds 1
- Last Round Grant — $856,464
- First Round $856,464
(Jan 2016)
- Investors Count 1
All 1 funding rounds of ENEXIO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2016 | $856,464 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in ENEXIO
ENEXIO has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include MVM and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
MVM is engaged in energy production and distribution in Hungary. | 1963 | mvm.hu | Budapest, Hungary |
Investor details for ENEXIO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Enexio Power Cooling Solutions India Private Limited (ENEXIO)
Enexio Power Cooling Solutions India Private Limited is the primary company behind ENEXIO. The board of Enexio Power Cooling Solutions India Private Limited currently have 3 directors; the longest-serving is Swarnamugi Raghupathy, appointed in 2013. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swarnamugi Raghupathy DIN 03494012 | Managing Director | 23 Sep 2013 | 13 yrs 1 mo | Enexio Power Cooling Solutions India Private Limited |
| Parthiban Perumal DIN 00863497 | Director | 01 Apr 2024 | 2 yrs 7 mo | Enexio Power Cooling Solutions India Private Limited |
| Gnanadesikan DIN 00111798 | Director | 29 Jan 2025 | 1 yr 9 mo | Enexio Power Cooling Solutions India Private Limited |
Financials of ENEXIO
Figures of Enexio Power Cooling Solutions India Private Limited, the primary company behind ENEXIO, for FY 2025. Revenue was ₹353 Cr (+66% year on year). Net profit was ₹24.97 Cr (7% margin). EBITDA was ₹43.57 Cr (12% margin).
- ₹353 CrRevenue · FY 2025 · +66% YoY
- ₹24.97 CrNet profit · 7% margin
- ₹43.57 CrEBITDA · 12% margin
- ₹1.00 CrPaid-up capital
- 125Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Enexio Power Cooling Solutions India Private Limited are on its company page.
Detailed financial statements for ENEXIO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of ENEXIO
3 dated milestones of ENEXIO across 85 years, from founding to its latest funding, stage changes and deals.
- Founded ENEXIO is founded.
- Funding First funding round of $856K.
- Exit Acquired by MVM.
Web traffic of ENEXIO
The website of ENEXIO (enexio.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 38.5% vs previous month
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Frequently Asked Questions about ENEXIO
ENEXIO was founded in 1935 and raised its 1st funding round 81 years after it was founded.
ENEXIO is headquartered in Herne, Germany. It is registered at Herne, North Rhine-westphalia, Germany.
ENEXIO has 125 employees.
The primary company behind ENEXIO, Enexio Power Cooling Solutions India Private Limited, reported revenue of ₹353 Cr for FY 2025, up 66% year on year.
ENEXIO was founded in 1935 in Herne, Germany, where operations in the energy sector have been centered. Cooling systems for power plants and industrial processes are designed and produced, with a focus on thermal management solutions. Services encompass manufacturing, engineering, and supply of evaporative and dry cooling technologies. The company maintains its primary base in Germany while supporting global infrastructure projects through enexio.com.
ENEXIO offers Dry Cooling Systems and Wet Cooling Towers.
ENEXIO has 2 investors. Key investors include MVM, and European Union.
ENEXIO operates through Enexio Power Cooling Solutions India Private Limited.
Yes. ENEXIO was acquired by MVM in November 2020.
The legal entities of ENEXIO currently have 3 directors, including Swarnamugi Raghupathy, Gnanadesikan, Parthiban Perumal.