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Profitable Spices Business for Sale in Kumily, India

For Sale: 81-acre High-yield Njallani cardamom plantation in Kumily with strong infrastructure and expansion potential.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 1.2 million
Run Rate Sales USD 1.2 million
EBITDA Margin 30 - 40 %
Industries Spices
Locations  Kumily
Local Time 4:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 5.4 million (Native Currency: INR 500,000,000)
Reason: Owner is relocating and therefore exiting the plantation business.
Includes physical assets worth USD 5.4 million
Interested to connect with advisors
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Business Name
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Business Overview
- Located in Kumily, Kerala, the business operates an 81-acre fully yielding cardamom plantation specializing in the high-yield Njallani variety, with annual sale volume of approximately 40 tons of dry cardamom.
- The plantation achieves an average dry yield of 500–700+ kg per acre, supporting annual revenues of around ₹11 crore.
- The business sells its produce through registered auctioneers at cardamom auctions, ensuring transparent pricing and access to premium buyers.
- Currently, 74 acres are under production, while 7 acres have been replanted and are expected to reach full yield within the year, further increasing output.
- Infrastructure includes five water bodies (two check dams and three ponds), enabling efficient irrigation and supporting aquaculture through fish cultivation.
- The plantation consists mainly of young plants, with most under 8 years old and about 50% below 5 years, ensuring strong long-term productivity.
- Future growth plans include developing a tourism project with cottages near the dams, along with cattle farming and a dedicated aquaponics unit.
- We have 7 permanent employees and hire up to 90 contractual employees as and when required.
- Registered under the MCA as an LLP in Kottayam, while the farm operations are located in Kumily.
- The plantation is registered with the Spices Board of India, enhancing regulatory credibility and market acceptance in the spice trade.
Products & Services Overview
High-yield Njallani variety cardamom, supplying premium-quality dried cardamom primarily to spice traders, wholesalers, food processing companies, and exporters through auctions.
Assets Overview
Physical assets include 81 acres of plantation land valued at INR 45 to 48Cr, planted with high-yield standing cardamom crops valued at ~INR 2 to 4 Cr, rest of the assets include hose irrigation infrastructure, transformer, generators, motors, pump sets, worker and manager accommodation structures, and associated plantation equipment and fixtures.
Facilities Overview
Operating from an owned 81-acre plantation in Anakkara, Kumily, the business has five on-site water bodies for irrigation, a 2,250 kg/day cardamom drying facility, and hose irrigation systems across the estate. It also includes dedicated accommodation with electricity for managers (2 rooms), the Managing Director (1 attached room), and workers (capacity for up to 100 people), located within the plantation.
Capitalization Overview
The business currently has outstanding loans of approximately ₹15 crore. It is family-owned.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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