3F Oil Palm

What 3F Oil Palm does

3F Oil Palm Pvt Ltd is an integrated palm oil company founded in 1993 and headquartered in Hyderabad, India, operating across Andhra Pradesh, Telangana, Karnataka, Arunachal Pradesh, Assam, and Chhattisgarh. The company runs a fully verticalized farm-to-fork value chain comprising 14 nurseries producing 55 lakh saplings annually, contract farming across 37,000 hectares involving 75,000 farming families, 6 FFB processing units with a combined 140 MT/Hr capacity, 1 palm oil refinery, and 2 biomass-based captive power plants. Operations are supported by proprietary digital platforms—3F Smart Palm for plantation management with 99% geo-boundary accuracy, and the 3F Akshaya mobile app for farmer services—alongside drone-based crop monitoring, QR-coded FFB collection, and an in-house R&D laboratory.

The business generates revenue from two principal streams: sale of palm oil and derivatives (CPO, RBD Palm Olein, Super Olein, Palm Stearin, Hard Stearin, PFAD, Palm Kernel Oil, Palm Kernel DOC, and dried sludge powder) to food, cosmetics, pharmaceutical, and industrial buyers; and sale of farmer inputs and services including saplings, fertilizers, equipment, intercrop saplings, and biomass-based power generation. Farmer inputs are extended on credit recoverable against future FFB supply, with fertilizers priced approximately 30% below market rates. Tripartite agreements between state governments, farmers, and the company underpin the contract farming model, supported by a network of 100+ FFB Collection Centers within 20km of farms and 17 Farmer Excellence Centres (3F Akshaya Kendras).

The company is privately held by the Goenka family, with founder Sanjay Goenka serving as Managing Director and his son Ashiis Goenka as CEO. It is positioned as the first company identified by the Government of India for leading oil palm development under irrigated conditions. Recent strategic priorities include international expansion to Suriname and Gabon with a Rs 5,000 Crore investment commitment, expansion in Northeast India, and a vision target of 1 million tonnes of palm oil and derivatives production by December 2033.

Name

3F Oil Palm

Legal name

3F Oil Palm Pvt Ltd.

Website

https://3foilpalm.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Short description

3F Oil Palm is an integrated Indian palm oil company operating a fully verticalized farm-to-fork value chain—from nurseries and contract farming across 37,000 hectares to processing, refining, and captive power generation—serving 75,000 smallholder farmers across five Indian states.

Ownership category

akta.pro rank

Product category

Palm Oil Products and Derivatives

NAICS

Fats and Oils Refining and Blending (311225), Starch and Vegetable Fats and Oils Manufacturing (31122), Oilseed (except Soybean) Farming (11112)

SIC

Fats & Oils (2070), Agricultural Production-Crops (100)

akta.pro primary industry

Palm Oil Milling, Refining & Fractionation (AFAKAEAB)

akta.pro secondary industries

Tropical Oils & Fractions (Palm, Palm Kernel, Coconut) (AFAJALAD), Industrial Oil & Wax Crop Farming (Castor, Jojoba, Oil Palm for industrial uses) (AFAGAGAL)

Keywords

• Integrated palm oil production
• Contract farming services
• Palm oil derivatives manufacturing
• Oil palm nursery operations
• Plantation technology platforms

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Palm Oil and Derivatives Sales: 3F Oil Palm generates revenue through the sale of crude palm oil (CPO), refined palm oil, palm kernel oil, and various derivatives including RBD Palm Olein, Super Olein, Palm Stearin, Hard Stearin, PFAD, and Palm Kernel DOC. The company operates processing units, refineries, and captive power plants.
2. Farmer Inputs and Services: Revenue from sale of high-quality saplings, fertilizers, nutrients, biofertilizers, equipment, tools, intercrop saplings, and power generation from biomass by-products. Products are made available on credit recoverable against FFB supply.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

3F Oil Palm operates an end-to-end, contract-farming-based palm oil business spanning seedling cultivation, Fresh Fruit Bunch (FFB) procurement from 75,000 farming families, FFB processing at 6 processing units, refining, and captive biomass power generation. The company sells a portfolio of palm oil products and derivatives (CPO, RBD Palm Olein, Palm Stearin, Hard Stearin, PFAD, Palm Kernel Oil, Palm Kernel DOC) to food, cosmetics, pharma, and industrial customers, while supplying farmers with saplings, fertilizers, equipment, intercrop buyback, and digital farm-management services through its 3F Smart Palm and 3F Akshaya platforms.

Product overview

3F Oil Palm operates as an integrated palm oil company with end-to-end operations spanning from seedling to edible oil. The company offers a comprehensive portfolio organized into three main categories: Palm Oil Products and Derivatives (including Crude Palm Oil, Palm Kernel Oil, RBD Palm Olein, Super Olein, Palm Stearin, Hard Stearin, PFAD, Dried Sludge Powder, and Palm Kernel DOC), Farmer-Centric Offerings (High Quality Saplings, Fertilisers, Equipment, Intercrop Saplings, Animal Feed, and Captive Power Generation), and Digital Platforms (3F Smart Palm for plantation management, 3F Akshaya Mobile App for farmer services, Nursery App for sapling tracking, and Collection App for FFB processing). The company also provides extensive Farmer Services including crop management, harvesting, FFB collection, 3F Akshaya Kendra centres, quick pay, loans, scientific services, and call center support. The ecosystem is connected through proprietary digital platforms that enable traceability, data analytics, and farmer engagement across the entire value chain.

Differentiator

Problem solved

Functional benefit

Brands

• 3F Smart Palm: Proprietary digital plantation management platform with 99% accurate geo-boundary mapping for oil palm plots
• 3F Akshaya Kendra
• 3F Akshaya Farmer Mobile App
• 3F Akshaya Mobile App
• Geeta Foundation

Products and services

• Crude Palm Oil (CPO) Crude Palm Oil extracted from the fruit of the oil palm, naturally rich in nutrients, used across food and consumer industries for cooking oils, personal care products, and renewable energy solutions.
• Palm Kernel Oil Oil extracted from the seed inside the oil palm fruit, widely used in food, cosmetics, and industrial applications. By-product is palm kernel cake used as protein-rich livestock feed.
• RBD Palm Olein Refined, Bleached, and Deodorized Palm Olein — a clear, golden liquid derived from refined palm oil, widely used in cooking, frying, and food manufacturing with excellent oxidative stability for high-heat use.
• Super Olein Premium-grade fraction of palm olein with superior clarity and lower cloud point, offering improved resistance to cold temperatures for bottling in cooler climates and high-end food applications.
• Palm Stearin Solid fraction from palm oil fractionation, commonly used in margarines, Vanaspati, bakery shortening, and soaps due to its high melting point and hardness.
• Hard Stearin Ultra-solid palm oil derivative with high melting point, ideal for creating rigid fat blends used in confectionery coatings, bakery fats, and industrial margarines.
• PFAD (Palm Fatty Acid Distillate) By-product from palm oil refining, rich in free fatty acids, used in production of soaps, candles, and biodiesel as cost-effective oleochemical raw material.
• Dried Sludge Powder (MEE Powder) Moisture-Extracted Ester Powder — a non-edible industrial palm oil derivative used in technical and manufacturing processes with fine powder form and moisture-repellent properties.
• Palm Kernel DOC (De-oiled Cake) Residual meal after oil extraction from palm kernels, high in protein and fiber, widely used as nutritious livestock and poultry feed ingredient.
• High Quality Oil Palm Saplings Top-tier oil palm saplings produced annually from 14 state-of-the-art nurseries across five states with a capacity of 55 lakh saplings. Offers global selection of standard/certified, dwarf, drought-resistant, and high-yielding varieties.
• Fertilisers and Nutrients Affordable macro and micronutrients, biofertilizers, neem cake and in-house Boron brand priced 30% lower than market, available with convenient credit options to farmers at nearby stores.
• Equipment and Tools Comprehensive selection of imported and domestic equipment, tools, and accessories available at company stores to assist farmers in achieving optimal cultivation results.
• Intercrop Saplings Diverse selection of intercrop saplings including Cocoa, Bush Pepper, Cinnamon, Pineapple, Nutmeg, and Turmeric available on credit to enrich farmer crop diversity and income.
• Captive Biomass Power Generation Sustainable energy through biomass by-product repurposing from Palm Oil FFB processing, positioning the company as a sustainable energy company.
• 3F Smart Palm Digital Platform Proprietary digital platform for plantation management achieving 99% accurate digitization of 30,000+ Oil Palm plots with geo-boundaries. Enables crop monitoring, field planning, prospective farmer management, and data-driven operations.
• 3F Akshaya Mobile App User-friendly mobile app for farmers providing access to FFB collection records, payment history, farm visit requests, fertiliser and equipment ordering, labour hiring, and comprehensive Oil Palm knowledge encyclopedia.
• Nursery App with QR-Coded Sapling Tracking Application for sapling tracking where each sapling bag is equipped with a QR code for seamless tracking. Meticulously accounts for nutrient consumption and labour utilisation with accurate cost per sapling calculations.
• FFB Collection App Streamlined FFB collection application minimizing human intervention with QR code scanning, weighbridge automation, and robust grading for quality control.
• Satellite and Drone Audit Service Yearly updates on plantation health, water table mapping, and accurate tree count via cutting-edge drone technology and image processing tools for unparalleled plantation monitoring.
• Crop Management Services Monthly expert visits to each Oil Palm plot with geo-tagged monitoring of 50+ plant health parameters by team of 400+ agricultural experts.
• Harvesting Services Proficient team of 150+ well-trained labourers for harvesting and pruning at competitive rates redeemable on credit basis against FFB fruit.
• 3F Akshaya Kendra (Farmer Excellence Centres) 17 one-stop-shop Farmer Excellence Centres offering fertiliser, tools, nutrient store, training programs, equipment rentals, financial services, demo plantations, and product demonstrations.
• Transportation and Mechanisation Services Transportation and mechanisation services including truck, tractor, and machinery rentals to support farmers.
• Intercrop Buyback Program Single drop-off point for all farmer produce with transparent prices providing increased revenue visibility, improving farmer logistics.
• Third-Party Loan Facilitation (via SBI) Tripartite agreement with SBI extending third-party loans to farmers to facilitate their financial needs.

Quantifiable outcome

• 99% accurate geo-boundary mapping of 30,000+ oil palm plots
• +4 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Sime Darby Plantation Berhad: One of the world's largest integrated palm oil players with extensive plantations, mills, and downstream operations. Comparable to 3F on integrated palm value chain and serves as a global benchmark for 3F's international expansion plans.
• Golden Agri-Resources: Large Indonesian-listed palm oil group with end-to-end operations. Comparable to 3F at scale on integrated palm value chain and downstream specialty fats and oleo-derivatives.
• Wilmar International: Global leader in palm oil processing and refining with significant operations across Asia and Africa. Comparable as a vertically integrated palm oil major, relevant to 3F's ambitions to expand into equatorial geographies.
• IOI Corporation: Malaysian integrated palm oil producer with plantations, refining, and oleochemicals. Comparable on the upstream plantation-through-refining model that 3F aims to replicate internationally.
• Adani Wilmar (Fortune brand): Joint venture between Adani Group and Wilmar that is one of India's largest edible oil packers, including refined palm olein and vanaspati. Overlaps with 3F downstream as a major palm oil buyer and competing refiner.
• Patanjali Foods (formerly Ruchi Soya): One of India's largest edible oil processors and a major palm oil refiner and importer. Competes with 3F in refining, branded oils, and oleochemicals, and overlaps in palm oil sourcing, though Patanjali is much broader in edible oils.

Direct peers

• Godrej Agrovet: Listed Indian agribusiness with a sizable oil palm plantation and processing business operating under contract farming models with smallholders. Directly comparable to 3F on the upstream plantation and FFB procurement side in India.
• KS Oils (Shalimar Group / Kalpas): India-focused edible oil company historically active in mustard and palm oil refining. Comparable as a domestic palm oil refiner and marketer competing with 3F's downstream palm derivatives portfolio.

Regional players

• Shiva Shankar Edible Oil / Mewar Group companies: India-focused edible oil processors active in palm and other edible oils. Comparable as a regional Indian player in palm oil refining competing for downstream share with 3F.

Others

• Cargill India (Edible Oils): Multinational agricultural trader with an edible oils business in India, including palm oil refining and supply. Comparable as a large global palm oil participant operating in India that buys CPO and competes in downstream markets alongside 3F.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCTGZFavca-v73fJJzvzQuog
• LinkedInlinkedin.com/company/3f-oil-palm

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 3F Oil Palm