What we do FX Multitech Ltd distributes and exports engineering products primarily in refrigeration and HVAC industries, supporting industrial and commercial clients across India. |
Founded in 2,008 |
Market share Established as a reliable partner in refrigeration and HVAC distribution, serving key industrial and commercial sectors. |
Problem solved Provides critical HVAC and refrigeration components enabling food security, pharma integrity, and efficient supply chains. |
Top clients or who we serve Industrial and commercial customers in refrigeration and HVAC sectors, B2B focused. |
Key management - |
Our journey and innovations Incorporated in 2008, converted to public limited in 2024, expanded domestic warehouses and filed for IPO. |
Where we operate Domestic presence in Hyderabad, Thane, Kolkata, Bangalore; exports internationally. |
Top products or what we offer Wide portfolio of refrigeration and HVAC engineering products from top suppliers like Danfoss, Honeywell, and others. |
Top brands Suppliers include Danfoss, Transfer Oil, Quang Thang Mechanics, KuzuFlex Metal, Testo India, Refco, Honeywell Automation. |
Raw materials needed - |
Raw materials supplier Danfoss, Transfer Oil, Quang Thang Mechanics, KuzuFlex Metal, Testo India, Refco, Honeywell Automation. |
Recurring vs cyclical contribution Revenue primarily from sales which can fluctuate based on industrial demand cycles. |
Our industry position A key distribution player underpinning HVAC and industrial refrigeration supply chains in India. |
Financial highlights FY 2023 revenue ~Rs.126 Cr with net profit Rs.11.8 Cr, showing steady growth from previous years. |
Geographical revenue split Domestic operations contribute ~96.5%; exports ~5.5% of revenue as of FY 2023. |
Order book - |
Whats driving growth Growth driven by expanding industrial refrigeration demand and strategic warehouse expansions. |
Our future plans IPO planned with fresh equity issuance and share sale to support growth. |
Our green promise - |
Our people and values Committed to employee relations and compliance, with a focus on harmonious workplace. |
Key challenges ahead Managing growth, regulatory compliance and scaling operations post-IPO. |
Interesting facts - |
Risks and strategy Focus on prudent financial management and expanding distribution network to mitigate market risks. |
