BUSINESS BRIEF
established in the mid-1990s in bangalore as part of a conglomerate with over 60 years of industry expertise, this company has grown into a globally recognised exporter of premium fragrance products. operating under iso 9001:2015 certification and holding msme registration, the business has demonstrated consistent operational excellence over its approximately 30-year history.
the company manufactures and exports a diverse portfolio of over 450 skus spanning eight core product categories — incense sticks, dhoop sticks, arabic incense (bakhoor and oud), perfume oils, premium attars, incense cones, loban/sambrani, and room fresheners — backed by 250+ proprietary fragrance formulations developed through in-house research and development capabilities.
from a financial standpoint, the business has exhibited a remarkable 5.4x revenue growth trajectory, scaling from ₹53.4 million in fy2021 to ₹290.8 million in fy2025. ebitda has expanded from ₹5 million to ₹18 million during the same period, with the adjusted net profit margin reaching 33% in fy2025. the company carries zero debt, with a transparent and clean balance sheet free of any liabilities or encumbrances.
the business operates a 40,000 square foot manufacturing facility currently running at only 10–12% of its installed capacity, offering an acquiring party the ability to scale production by 8 to 10 times without additional capital expenditure on core infrastructure. the workforce comprises 140+ skilled and trained employees with deep domain expertise in fragrance manufacturing, quality control, and export logistics.
geographically, the company maintains active trade relationships across 11 countries including the usa, japan, the united kingdom, france, the uae, saudi arabia, kuwait, iraq, iran, singapore, and malaysia, with historical export experience extending to 28+ countries across north america, europe, the middle east, asia-pacific, and africa. the business has received recognition from the chemexcil annual award and the export promotion council, underscoring its standing in the global fragrance trade.
the sale includes the complete operational package manufacturing facility and equipment, all 12 registered trademarks, proprietary formulations, established customer relationships, certifications, workforce, raw material and finished goods inventory, and the full supply chain network. the reason for the sale is the founders' decision to relocate abroad; the business itself is healthy, profitable, and positioned for accelerated growth under new ownership.
this is a rare opportunity to acquire a turnkey, debt-free, internationally active fragrance business with significant untapped capacity and a strong brand foundation — available at a valuation of ₹87 crore.
PROPOSAL
Industry
Consumer Product-manufacturing
Sub Industry
Personal Care & Household Products
Nature of Business
B2B — The company operates on a Business-to-Business (B2B) model, supplying premium fragrance produc
Reason for sell-off
The founding promoters are relocating abroad and are seeking a qualified strategic or financial acquirer to take over and continue the legacy of this well-established, profitable, and debt-free fragra
Location
Bangalore, Karnataka, India
Open For Dilution
No — This is a full business sale / complete ownership transfer. Turnkey operation ready for immediate handover to a qualified buyer.
Deal Size
₹ 87 Crore
Sector
Fragrance & Aromatics Manufacturing
Region
South India
Top Customer
🔒 Confidential
Justification
(1) 5.4x revenue growth from ₹5.34 Crore to ₹29.08 Crore over FY2021–FY2025; (2) EBITDA of ₹1.80 Crore (6.35%) and Net PAT of ₹1.30 Crore (4.57%) in FY2025; (3) Zero debt and clean balance sheet; (4) 40,000 sq ft owned manufacturing facility;
FINANCIAL INFORMATION
| 2023 (in INR cr) | 2024 (in INR cr) | 2025 (in INR cr) | |
|---|---|---|---|
| Sales | 9.68 | 17.31 | 29.08 |
| EBITDA | |||
| PAT |
BUSINESS DOCUMENTS