FX Multitech Limited

FX Multitech Limited

BBSE:FXML
127.25
INR
-0.05
(-0.04%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Subhash Agarwal
Sector
Distribution services
Industry
Wholesale distributors
Address
Ahmedabad India
IPO Date
Sep 28, 2026
Business
FX Multitech Limited is an India-based distributor, exporter, and solutions provider of engineering equipment and components for the heating, ventilation, air conditioning (HVAC), and commercial and industrial refrigeration industries. The company operates as a technical supply chain and value-added distribution partner, sourcing components from global manufacturers and delivering climate control solutions to original equipment manufacturers (OEMs), engineering contractors, cold storage facilities, commercial infrastructure projects, and industrial processing plants across food, dairy, pharmaceutical, and chemical sectors. Its comprehensive product and service portfolio comprises refrigeration and air conditioning compressors, including scroll, reciprocating, and semi-hermetic compressors; complete condensing units and refrigeration pack systems; automated refrigeration and fluid controls, including electronic expansion valves, solenoid valves, pressure switches, temperature regulators, transmitters, and filter driers; variable frequency drives (VFDs) and electrical automation panels; heat exchangers, air-cooled condensers, and cold-room unit coolers; synthetic and natural refrigerants as well as specialized refrigeration lubricants; maintenance, diagnostic, and servicing tools, including manifold gauges, vacuum pumps, recovery units, electronic leak detectors, and charging lines; and customized industrial chillers, process cooling units, and system integration packages. FX Multitech maintains a pan-India supply chain infrastructure with central warehousing and distribution facilities located in Ahmedabad, Thane, Hyderabad, Kolkata, and Bengaluru, alongside international export operations. Founded in 2008 as FX Multitech Private Limited, the company is headquartered in Ahmedabad, Gujarat, India. In recent corporate developments, the company converted from a private limited company into a public limited company in December 2024 and completed its initial public offering (IPO) on the BSE SME platform in September 2026, raising INR 45.24 crore to fund working capital and business expansion. Additionally, FX Multitech expanded its manufacturing capabilities by acquiring a 51% controlling stake in Everestt Chillers Private Limited, strengthened technical distribution partnerships with multinational component manufacturers such as Danfoss, Honeywell, Refco, and Testo, and expanded its regional logistics and technical support centers to address increasing domestic demand in cold chain infrastructure and industrial cooling systems.