Punyalan Agarbattis is the story of a young entrepreneur from Thrissur. Movie tells the story of a Thrissur based man named Joy Thakkolkaran. He aspire to become an established businessman. On his research, he finds the business possibilities of agarbattis.
He also found that elephant dung can be effectively used as a raw material for making agarbattis. Likewise, he decided to start his business on making agarbattis from the dung. For that he made a contract with the Devaswom Board for getting the dung.
Everything was going perfect with Joy until a new Chairman joined the Devaswom who suspended his contract with them. Things get worse for Joy without the dung and desparate Joy runs hither and fither insearch of the required raw material. This forms the plot of the film Punyalan Agarbattis.