Chennai: Toy manufacturer Funskool India, promoted by MRF Group, has touched a turnover of $40 million in FY26. It is a 7% growth in revenue when compared with the corresponding year of FY25.The company has recorded an average growth of 14% over the past two years, with exports growing at 19% YoY during the same period, it said in a statement here on Monday.“We successfully navigated the challenges posed by US tariffs last year and continued to grow our export business and domestic business. Given the ongoing geopolitical situation in West Asia, we are currently working with a moderate growth outlook of 12%–15%, with plans to revisit our targets after Q1 once the situation stabilises. Our Goa plant expansion is in progress and is expected to be completed by the end of this financial year,” said K A Shabir, CEO, Funskool India.In the domestic business, the company expects a significant shift in growth momentum for FY27, driven by the introduction of new categories such as friction vehicles and remote-control cars, the statement added.
