About Funke
Funke is an Industrial Goods & Manufacturing company based in India founded in 2016. Manufacturing of heat exchangers and industrial equipment in India. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 136 employees. Its Indian entity Funke Heatex Engineering India Private Limited reported revenue of ₹15.38 Cr. Funke offers products and services including Shell and Tube Heat Exchangers and Plate Heat Exchangers. Its focus areas include Manufacturing, Industrial Manufacturing, Heat Exchange Systems and Shell and Tube Heat Exchangers.
Company details
Funke Heat Ex Engineering India , A Joint Venture Established In 2015, Is Involved In The Production Of Heat Exchangers And Related Equipment Using German Technology. Products Such As Shell And Tube Heat Exchangers And Plate Heat Exchangers Are Manufactured To Serve Various Industries, With A Commitment To Quality And Safety. Operations Are Based In Surat, India, Where Design, Engineering, And Procurement Services Are Offered To Meet Industrial Needs. The Company Focuses On Bridging Gaps In Reliable Services While Adhering To Schedules And Standards.
- Headquarters India
- Employees 136
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Email••••••••
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- Legal Name Funke Heat Ex Engineering India Pvt Ltd
- Date of Incorporation 08 Jan, 2016
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹15.38 Cr
FY 2024 · -38% YoY
- Net Profit₹27.7 Lakh
FY 2024 · 2% margin
- EBITDA₹63.7 Lakh
FY 2024 · 4% margin
- Employee Count136
Associated legal entities of Funke
Funke operates through Funke Heatex Engineering India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Funke Heatex Engineering India Private Limited CIN U29130GJ2016PTC085662 | Active | 08 Jan 2016 | Surat, Gujarat | ₹15.4 Cr | 136 | 8 | View details |
Products & Services of Funke
Funke offers a comprehensive portfolio of products and services, including Shell and Tube Heat Exchangers and Plate Heat Exchangers.
Shell and tube heat exchangers are offered in standard and customized configurations for various industrial applications.
Gasketed and brazed plate heat exchangers are provided to ensure efficient heat transfer in different processes.
Board of directors of Funke Heatex Engineering India Private Limited (Funke)
Funke Heatex Engineering India Private Limited is the primary company behind Funke. The board of Funke Heatex Engineering India Private Limited currently have 8 directors; the longest-serving is Avinashkumar Bootaram Wighmal, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avinashkumar Bootaram Wighmal DIN 00350223 | Director | 08 Jan 2016 | 10 yrs 9 mo | Funke Heatex Engineering India Private Limited |
| Devang Shirish Munim DIN 00317925 | Director | 15 Mar 2016 | 10 yrs 7 mo | Funke Heatex Engineering India Private Limited |
| Bankim Harrai Vashi DIN 07321923 | Director | 15 Mar 2016 | 10 yrs 7 mo | Funke Heatex Engineering India Private Limited |
| Mayur Reshamwala DIN 07321951 | Director | 15 Mar 2016 | 10 yrs 7 mo | Funke Heatex Engineering India Private Limited |
| Jorg Hinz DIN 07699277 | Director | 07 Jan 2017 | 9 yrs 9 mo | Funke Heatex Engineering India Private Limited |
| Arpit Mohanbhai Patel DIN 01156326 | Director | 26 Sep 2017 | 9 yrs | Funke Heatex Engineering India Private Limited |
| Mandeep Avinashkumar Wighmal DIN 08503432 | Director | 08 Jul 2019 | 7 yrs 3 mo | Funke Heatex Engineering India Private Limited |
| Arpan Mohanbhai Patel DIN 00820379 | Director | 01 Aug 2019 | 7 yrs 2 mo | Funke Heatex Engineering India Private Limited |
Financials of Funke
Figures of Funke Heatex Engineering India Private Limited, the primary company behind Funke, for FY 2024. Revenue was ₹15.38 Cr (-38% year on year). Net profit was ₹27.7 Lakh (2% margin). EBITDA was ₹63.7 Lakh (4% margin). Revenue has grown at a compounded annual rate of +7% over three years and +6% over five years.
- ₹15.38 CrRevenue · FY 2024 · -38% YoY
- ₹27.7 LakhNet profit · 2% margin
- ₹63.7 LakhEBITDA · 4% margin
- ₹10 LakhPaid-up capital
- 136Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Funke Heatex Engineering India Private Limited are on its company page.
Detailed financial statements for Funke
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
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Top companies in Industrial HVAC Systems
2 companies that operate in the same segment as Funke (Industrial HVAC Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial refrigeration systems and related products are manufactured. | 1993 | Ahmedabad, Gujarat, India | USD 71.2 M | 161 | ||
Aluminum and copper fin-and-tube heat exchangers are manufactured. | 2017 | Neemrana, Rajasthan, India | USD 63.95 M | 648 |
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Frequently Asked Questions about Funke
Funke was founded in 2016.
Funke is headquartered in India.
Funke has 136 employees.
The primary company behind Funke, Funke Heatex Engineering India Private Limited, reported revenue of ₹15.38 Cr for FY 2024, down 38% year on year.
Funke Heat Ex Engineering India , A Joint Venture Established In 2015, Is Involved In The Production Of Heat Exchangers And Related Equipment Using German Technology. Products Such As Shell And Tube Heat Exchangers And Plate Heat Exchangers Are Manufactured To Serve Various Industries, With A Commitment To Quality And Safety. Operations Are Based In Surat, India, Where Design, Engineering, And Procurement Services Are Offered To Meet Industrial Needs. The Company Focuses On Bridging Gaps In Reliable Services While Adhering To Schedules And Standards.
Funke offers Shell and Tube Heat Exchangers and Plate Heat Exchangers.
Funke operates through Funke Heatex Engineering India Private Limited.
The legal entities of Funke currently have 8 directors, including Avinashkumar Bootaram Wighmal, Arpit Mohanbhai Patel, Devang Shirish Munim and others.