Stay Naturals

What Stay Naturals does

Stay Naturals Private Limited is a Sri Lanka-based B2B manufacturer of natural spice-derived ingredients, headquartered in Matale, the country's spice capital. The company produces essential oils, oleoresins, encapsulated oleoresins (under the proprietary OleoGran platform), natural food colours, seasonings, flavours and fragrances, and health and wellness extracts such as piperine and curcumin. Manufacturing relies on steam distillation and solvent extraction, with the OleoGran encapsulation technology serving as the principal proprietary technical differentiator.

The company sells exclusively into B2B channels, targeting food processing companies, cosmetics and personal care manufacturers, pharmaceutical and nutraceutical firms, and health and wellness brands. Its processing facility in Matale holds ISO 22000, Kosher, Halal, and FDA certifications, supporting international export activity. The company's GTM motion is enterprise field sales with quote-based pricing, emphasizing customized product development through an in-house R&D team and direct farmer relationships for raw material traceability.

Stay Naturals operates with 51-100 employees and is privately held, with no disclosed funding rounds, parent company, or ownership structure. Stated processing capacity is 4MT/day for oleoresins and 5MT/day for essential oils, and the company self-reports a 100% on-time delivery track record. Revenue figures, customer identities, and segment-level revenue splits are not publicly disclosed.

Name

Stay Naturals

Legal name

STAY Naturals Private Limited

Website

https://staynaturals.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Stay Naturals is a Sri Lanka-based B2B manufacturer of essential oils, oleoresins, encapsulated oleoresins (OleoGran), natural food colours, seasonings, flavours, and health extracts, supplying food, cosmetic, pharmaceutical, and nutraceutical manufacturers from its ISO-certified Matale facility.

Ownership category

akta.pro rank

Product category

Natural Spice Ingredients & Extracts

NAICS

Spice and Extract Manufacturing (311942), Flavoring Syrup and Concentrate Manufacturing (311930)

SIC

Miscellaneous Food Preparations & Kindred Products (2090), Medicinal Chemicals & Botanical Products (2833)

akta.pro primary industry

Extracts, Oleoresins & Essential Oils (Spice Extracts for Flavoring) (AFAJANAJ)

akta.pro secondary industry

Preserved Specialty Foods Manufacturing (Olives, Antipasto, Relishes) (AFAKACAN)

Keywords

• Essential oils manufacturing
• Natural spice extracts
• Oleoresin production
• Natural food colors
• Encapsulated oleoresins

Headquarters

HQ city

Matale

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Essential Oils Sales: Sale of organic and conventional essential oils including cardamom, cinnamon, clove, coriander, ginger, nutmeg, pepper, turmeric. Both organic and conventional options available. Revenue generated through direct B2B sales to food, cosmetic, and pharmaceutical manufacturers.
2. Oleoresins Sales: Sale of oleoresins extracted from natural spices - concentrated mixture of essential oils and plant resin. Products include cinnamon, clove, mace, nutmeg, pepper, ginger, and capsicum oleoresins. Used as convenient natural substitutes for raw spices with longer shelf life.
3. Natural Food Colours Sales: Sale of natural food colour extracts from botanicals and spices including paprika, turmeric, annatto, marigold, beetroot, and chlorophylls. Targeted at food and beverage manufacturers transitioning away from synthetic dyes.
4. Encapsulated Oleoresins (OleoGran) Sales: Sale of proprietary OleoGran encapsulated products in granular format for standardized, hygienic spice substitutes. Customizable concentrations and particle sizes for diverse applications.
5. Seasonings and Spice Blends Sales: Custom spice blends and oleoresin-based seasonings for gravies, pickles, sauces, snacks, poultry, seafood, and ketchup. Supplied in liquid form or as dispersions in dry powder.
6. Flavours and Fragrances Sales: Food flavours for biscuits, ice cream, beverages, confectionaries; fragrances for soaps, agarbattis, perfumes, cosmetics and personal hygiene products.
7. Health and Wellness Products Sales: Piperine and curcumin products with antioxidant and anti-inflammatory properties. Also essential oils and body massage oils for wellness applications. Supplied to nutraceutical and wellness product manufacturers.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Stay Naturals manufactures and sells natural spice-based ingredients — essential oils, oleoresins, encapsulated oleoresins (OleoGran), natural food colors, custom seasonings, food flavors, fragrances, and health and wellness extracts (including piperine and curcumin) — supplied as B2B inputs to food processors, cosmetics manufacturers, and pharmaceutical and nutraceutical companies. Products are sourced directly from Sri Lankan farmers and processed at the company's ISO-, Kosher-, Halal-, and FDA-certified facility in Matale.

Product overview

STAY Naturals is Sri Lanka's leading manufacturer of natural spice-based ingredients, offering a diversified portfolio of essential oils, oleoresins, encapsulated oleoresins (OleoGran), natural food colours, seasonings, flavours & fragrances, and health & wellness products. The company operates as a single unified product offering with multiple product lines, all derived from Sri Lankan spices and botanicals sourced through direct relationships with local farmers. The product portfolio centers on core product categories including Essential Oils (spices: cardamom, cinnamon, clove, coriander, ginger, nutmeg, pepper, turmeric), Oleoresins (concentrated spice extracts), OleoGran (proprietary encapsulated delivery platform), Natural Food Colours (Paprika, Turmeric, Annatto, Marigold, Beetroot, Chlorophylls), Seasonings (custom spice blends), Flavours & Fragrances, and Health & Wellness products (Piperine, Curcumin). Products are processed in the company's ISO-certified facility in Matale, with applications spanning aromatherapy, food processing, cosmetics, pharmaceuticals, and nutraceuticals.

Differentiator

Problem solved

Functional benefit

Brands

• OleoGran: Proprietary delivery platform for oleoresins and essential oils in an encapsulated format. A 100% natural granular product that serves as a standardized and hygienic substitute for raw spices.

Products and services

• Essential Oils Essential oils extracted from Sri Lankan spices including cardamom, cinnamon, clove, coriander, ginger, nutmeg, pepper, and turmeric, offered in organic and conventional varieties for aromatherapy, healthcare, flavoring, and cosmetics applications; supplied as B2B ingredients.
• Oleoresins Concentrated natural spice extracts combining essential oils and plant resin (cinnamon, clove, mace, nutmeg, pepper, ginger, capsicum). Convenient, shelf-stable alternatives to whole or ground spices for food industry customers.
• OleoGran Encapsulated Oleoresins Proprietary delivery platform providing encapsulated oleoresins and essential oils in a 100% natural granular format, serving as a standardized, hygienic substitute for raw spices with customizable concentrations and particle sizes for unique spice mix formulations.
• Dehydrated Green Pepper Dehydrated green peppers from Sri Lanka retaining their natural green color while boosting flavor. Offers longer shelf life than fresh peppers and adds complexity to sauces and soups.
• Green Pepper in Brine Fresh green peppers preserved in brine to maintain distinct flavor, aroma, and crispness. Imparts a hint of tartness ideal for marinades, purees, stir-fries, and pickles.
• Cinnamon and Cinnamon Powder Authentic Ceylon cinnamon (Cinnamomum verum) available as dried bark, ground cinnamon powder, and cinnamon essential oil, supplied for food, cosmetic, and nutraceutical applications.
• Natural Food Colours Concentrated natural pigments extracted from botanicals and spices including Paprika (dark red), Turmeric (bright yellow), Annatto (orange-red), Marigold (yellow to orange), Beetroot (bright red), and Chlorophylls (deep green), targeted at food and beverage manufacturers transitioning from synthetic dyes.
• Seasonings Custom spice blends and oleoresin-based seasonings in liquid or dry powder form for gravies, ketchup, pickles, poultry, sauces, seafood, and snacks, using Sri Lankan spice profiles.
• Flavours and Fragrances Diverse selection of food flavors (biscuits, ice cream, beverages, confectioneries) and fragrances (soaps, agarbattis, perfumes, cosmetics, personal hygiene), including oleoresin formulations such as Black Pepper Oleoresins and Nutmeg Oleoresins.
• Health and Wellness Products Natural health products including piperine (isolated from pepper) and curcumin (isolated from turmeric) with antioxidant and anti-inflammatory properties, plus essential oils and body massage oils for immune support, ailment relief, and mental and physical wellness; supplied to nutraceutical and wellness manufacturers.

Quantifiable outcome

• 100% success rate in meeting client expectations and timely delivery
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• International Flavors & Fragrances (IFF): Global major in food ingredients, flavors, fragrances, and health & biosciences. Competes with Stay Naturals in the natural-ingredients space but as part of a vastly larger, multi-category portfolio serving the same multinational CPG customers.
• Givaudan: World's largest flavor and fragrance house with broad portfolios across food, beverage, personal care, and nutraceuticals. Overlaps with Stay Naturals on natural flavor/essential-oil ingredients but operates globally at vastly greater scale and breadth.
• Robertet: France-based natural-ingredient house specializing in flavors, fragrances, and aromatic raw materials including essential oils. Comparable in natural-ingredients sourcing and B2B ingredient-supplier model, but with much broader global reach.
• Symrise: Global flavor, fragrance, and nutrition ingredients major, and current owner of Kancor. Directly relevant incumbent competitor to Stay Naturals in spice-derived natural ingredients for food and personal care.
• Mane: France-headquartered family-owned flavor and fragrance house with deep natural-ingredient capabilities. Competes with Stay Naturals in essential oils and spice-derived flavors for food and personal-care multinationals, but at substantially larger scale.

Direct peers

• Privi Speciality Chemicals: India-based manufacturer of aroma chemicals, specialty oleoresins, and flavor & fragrance ingredients. Comparable product portfolio (oleoresins, essential oils, specialty extracts) and B2B ingredient-supplier business model.
• Plant Lipids: India-based producer of spice oleoresins, essential oils, and natural colours serving global FMCG and flavor houses. Direct comparable on oleoresin/essential-oil manufacturing model and export-led B2B go-to-market.
• Synthite Industries: India-based global leader in spice extracts, oleoresins, and essential oils supplying food, flavor, and nutraceutical manufacturers. Closest direct peer to Stay Naturals in product mix (oleoresins/essential oils), B2B ingredient model, and spice-raw-material sourcing strategy.
• Kancor Ingredients: Specialty manufacturer of spice oleoresins, essential oils, and natural food colours for B2B food and beverage customers. Highly comparable to Stay Naturals on product portfolio, end-customer segments, and extraction-technology positioning.
• Ungerer & Company: Fourth-generation US-based supplier of flavors, fragrances, and essential oils for food, personal care, and household products. Comparable to Stay Naturals on the essential oils + flavors & fragrances overlap and B2B distribution into multinational CPG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

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Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

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 Stay Naturals