If you are a farmer, you can start a vermicompost business. There is a strong demand for it and it is also used a lot in organic farming. You can get fertilizer 4 times in this business throughout the year.
If you are a farmer but want to do something other than farming, then you can do vermicompost business. This is a business in which you can earn a lot of profits from less space.
The good thing is that vermicompost is widely used in organic farming and the government also floats tenders to buy vermicompost in large quantities.
Every farmer needs fertilizer for farming, so there will always be demand in your business idea. Not only this, but gradually the world is moving towards organic farming, due to which the demand for your business will increase. Let’s know how to do vermicompost business and how much profit you can earn from this business.
Everyone can do this business:
profits in the business of vermicompost will be very strong, but not everyone can do it. This is because in the business of vermicompost, you have to touch earthworms.
There are many people who are afraid to touch earthworms or say that they feel disgusted. This business is also not for those who like to be very clean, because vermicompost business is bound to be dirty from hand to clothes. So if you can do all this, then vermicompost will enter the business.
How to do Vermi Compost Business?
Vermi Composting is a natural method of making organic fertilizer. For this, you will first need some space. The good thing about this is that you can do this business even in a barren field. First you have to make some beds. These beds are about 3-4 feet wide and 1-2 feet high.
You can keep their length according to your place. These beds are made from cow dung and then earthworms are inserted in them. These earthworms eat cow dung and convert it into manure.
The good thing in the business of vermicompost is that this fertilizer is ready in just 3 months. This means that you can get vermicompost about 4 times a year.
How much will this business cost?
The cost of the vermicompost business has to be understood in two parts. One will be your capital cost and the other will be your recurring cost, which will be spent every time you make fertilizer.
The capital cost includes the cost of building beds, the cost of the shed, the cost of machines and the cost of buying earthworms for the first time. If you do this business in 100 square meters, then your expenses can be around Rs 1.5 lakh.
Apart from this, you will also have to spend about Rs 1.5 lakh on cow dung, laborers, purals for covering beds, packaging bags, transportation, etc. That is, in the first time you will have to spend 3 lakh rupees, but after that you will have to spend only 1.5 lakh rupees on the recurring cost every time.
How much to Earn and how much profit?
In the business of vermicompost throughout the year, you will get about 50 tons of vermicompost by making 30 beds in 100 square meters. You can sell vermicompost in many ways.
You can sell it to farmers according to quintals. Apart from this, you can sell vermicompost to big traders according to tons. If you sell vermicompost in bulk at Rs 10 per kg, then you will earn Rs 5 lakh.
The cost will be around Rs 3.5 lakh. That is, you will have a profit of Rs 6.5 lakh. If you package it yourself and sell it in the market, then your profits can be stronger. Vermi compost is easily sold in the market at Rs 30-50 per kg in large packing.
At the same time, it is easily sold at Rs 70-80 per kg in small packing. In the business of vermicompost, not only profits are made from fertilizer, but earthworms also prove to be a profitable deal. You can also have up to 4500 kg of earthworms throughout the year.
Out of this, you can also sell about 2500 kg. These earthworms are sold at Rs 150-200 per kg. If earthworms are sold at Rs 200 per kg, then you will earn about Rs 5 lakh from earthworms alone.
That is, there will be a total profit of around Rs 11.5 lakh. The total cost was Rs 3.5 lakh and the profit is Rs 11.5 lakh, that is, you can get about 3-4 times the profit.
Is vermicompost business profitable?
The vermicompost business has now become a profitable agribusiness model worldwide requiring very little investment.
What is the cost of vermicompost per kg?
In cases where the cost is less than Rs., it is an excellent and lucrative business. where a kg of vermicompost may be purchased for Rs. 4.00 to 4.50 per kilogram.
Which type of vermicompost is best?
The composition of Ugaoo Vermicompost is excellent and it is absolutely fine in the soil which enhances the growth of plants due to the nutrients in the soil.