A South India based fruit pulp manufacturing business with export presence is up for sale.

The company is engaged in the processing of agricultural produce, specifically focused on transforming fresh fruits into high-quality pulp and other value-added fruit-based products. Operating in the fruit processing industry since inception, the company caters to both domestic and international markets.

Certifications:

• Kosher
• Halal
• FSSAI
• FDA
• FSSC 22,000
• SGF can also be obtained

Asset Details:

• 11.25 acres of land with ample water sources
• 1/3rd of the land is used for factory
• Land owned jointly by 2 promoters
• Proximity to Raw Material: Situated close to 40,000 hectares of orchards
• Capacity -8000 tonnes per season (current capacity utilization - 50%)

Highlights:

• 9 factory employees, 2 back-office employees
• Upto 100 contract employees (per season)
• Partnerships with Fruitco Switzerland for exports to Europe and with Alrabie for exports to KSA
• ITC awarded the exclusive contract manufacturing of mango pulp and guava pulp to the company, replacing three previous vendors, due to good quality
• Exclusive Working Capital facility available from ITC

Products & Services

1. Alphonso Mango Pulp
2. Totapuri Mango Pulp
3. Guava Pulp
4. Papaya Pulp

Additional Information

• Turnover dipped in FY 23-24 because of the bad crop quality and the ongoing geopolitical wars (freight and insurance became costlier for overseas clients)
• Total Debt from Banks: INR 11 crores+ (Long Term WC Loan of INR 10.89 Cr and a covid loan of INR 0.24 Cr)