NECTAR INDIA

PROJECT REPORT

Prepared By:

CA. Mani Varshney

VARSHNEY & CO.

Chartered Accountants

125-B Chandra Nagar

P.O. Harjinder Nagar
NECTAR INDIA

Kanpur – 208007
M.No. - 9807688079

BACKGROUND:
‘Nectar’ as the name means juice within the flower. NECTAR INDIA a partnership firm
incorporated on 27th February, 2017. The firm is formed with objective of retail outlet of
providing joys of hypermarket shopping. It shall provide various consumer related products
under one roof. A hypermarket is a superstore combining a supermarket and a department
store. The result is a retail facility carrying a wide range of products under one roof,
including full groceries lines and general merchandise. In theory, hypermarkets allow
customers to satisfy all their routine shopping needs in one trip.

The firm registered Office located at J-499, Keshavpuram, opposite Escort World School,
Kalyanpur Kanpur-208017.

The firm is formed by two partners:

1. Mr. Bhuvaneshwar Prasad Pandey

2. Me. Deep Raj Yadav

NECTAR INDIA aims at providing to the consumer, it carries the promise of innovation,
quality, and service; the confidence that they will always be able to find a Nectar store at a
convenient location; and that it will offer a wide range of products at affordable prices. With
this aim the partners are taking utmost effort to make this a brand in years to come.

AIM OF THE PROJECT:

NECTAR INDIA

The sole aim of NECTAR INDIA is a retail facility carrying a wide range of products under one
roof, including full groceries lines and general merchandise. A store will satisfy the
customers all their routine shopping needs in one trip.

FUTURE PLANS:
NECTAR INDIA in coming years will increase its size and will be having stores in other
locations within the city as well as the state. The stores will be well equipped with all the
range of products as required by the customers.

PROFILES OF PARTNERS:

NECTAR INDIA is having two partners:

1. BHUVANESHWAR PRASAD PANDEY:

He is a mathematical scholar and has great 4 years experience in the field of retail
business. He belongs to a business family background and has keen interest in the
field of business.
2. DEEP RAJ YADAV:
He is commerce graduate and also has experience in the field of business. He too
belongs to a business family background and has kneen interest in the field of
business.

FINANCIAL ARRANGEMENTS AND FEASIBILITY OF THE PROPOSED SETUP

 NECTAR INDIA

The firm requires working capital of Rs. 10 Lakhs for smooth running of operations and also
the same for expansion. The financial projections are as follows:

FORM - I
Particulars of Existing / Proposed Limits from the Banking System
(Limits from all Banks and Financial Institutions as on date of application)
Name
: NECTAR INDIA
Balance
Extent to which Limits Limits now
Sr. Existing outstanding
Name of Bank / Financial Institution Nature of Facility were utilised during requested
No. Limits as on
last 12 months
31-Mar-17 2017-18
Maximu Minimu
        m m    
A. Working Capital Limits:          
             
1 Fund based            

    Cash Credit - - - - 500,000.00

               
               
               

2 Non-fund based Letter of Credit - - - - -

               
               

        - - - -
B. Term Loans/DPGS excluding Working Term Loan -        
  Capital Loans            
               
               
               

Total: - - - - - 500,000.00
NECTAR INDIA

FORM II : OPERATING STATEMENT

Name: NECTAR INDIA
Current
Year Following years Projected
Estimated
Sr. No. Particulars
31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-
17 18 19 20 21
Year 1 Year 2 Year 3 Year 4 Year 5
A Quantities:
i Raw Material Consumption - - - - -
ii Sales - - - - -
iii Rejects and Scraps - - - - -

1 Gross Income
a Sales (net of returns)

i Domestic Sales -
75.00 105.00 141.75 184.28
ii Export Sales - - - - -

T1 Sub-total [ a(i+ii) ] -
75.00 105.00 141.75 184.28
iii Less: Excise Duty - - - - -

T2 Net Sales [ T1-iii ] -

75.00 105.00 141.75 184.28
iv % rise or fall in sales turnover [compared to previous year] {0.00%} {0.00%} {40.00%} {35.00%} {30.00%}
b Other Income
i - - - - -
ii - - - - -
NECTAR INDIA

iii - - - - -
iv - - - - -
v - - - - -
T3 Total Other income [ b(i to iv) ] - - - - -

T4 Total Gross Income [ T2+T3 ] -

75.00 105.00 141.75 184.28

2 Cost of Production & Cost of Sales

a Raw Materials [Including Stores and other
items used in the process of manufacture)
i Imported - - - - -
ii Indegenous - - - - -
T5 sub-total [ a(i+ii) ] - - - - -
b Other Consumable Spares
i Imported - - - - -

ii Indegeneous -
85.00 100.00 125.00 150.00

T6 sub-total [ b(i+ii) ] -
85.00 100.00 125.00 150.00
c Direct Expenses
i - - - - -
ii - - - - -
iii - - - - -
iv - - - - -
v - - - - -
vi - - - - -
vii - - - - -
viii - - - - -
ix - - - - -
x Depreciation - - - - -
T7 Total Direct Expenses [ c(i to x) ] - - - - -

T8 sub-total [ T5+T6+T7 ] -
85.00 100.00 125.00 150.00
d Add : Opening stock of W.I.P. - -
30.00 55.00 79.75

T9 Sub-total [ T8+2(d) ] -
85.00 130.00 180.00 229.75
e Less : Closing Stock W.I.P. -
30.00 55.00 79.75 107.66
T1
0 Total Cost of Production [ T9-2(e) ] -
55.00 75.00 100.25 122.09
f Add : Opening stock of Finished Goods - - - - -
T1
sub-total [ T10+2(f) ] -
1 55.00 75.00 100.25 122.09
g Less : Closing Stock of Finished Goods - - - - -
T1
2 Total Cost of Sales [ T11-2(g) ] -
55.00 75.00 100.25 122.09
NECTAR INDIA

3 General, Administrative & Selling Expenses

i To Advertising
0.49 0.50 0.55 0.66 0.79
ii To Bank Charges -
0.20 0.22 0.26 0.32
iii To Depreciation
0.12 1.41 1.09 0.80 0.68
iv To Electricity Expenses
0.05 0.96 1.06 1.27 1.52
v To General Expenses
2.16 2.81 3.09 3.71 4.45
vi To Interest on capital - - - - -

vii To Interest paid -

0.65 0.72 0.86 1.03
viii To legal Expenses
0.18 0.02 0.02 0.03 0.03
ix To Printing & Stationery -
0.10 0.11 0.13 0.16
x To Rent
0.26 3.12 3.43 4.12 4.94
xi To Salary
1.20 1.32 1.58 1.90
xii To Salary of partner
5.40 11.40 17.11 27.95
xiii To Telephone Expenses
0.16 0.18 0.21 0.25
         
T1
3 Total General, Administrative & [ 3(i to x) ]
3.26 16.53 23.18 30.74 44.02
Selling Expenses          
[ T4-T12-T13
4 Operating Profit before Interest ] (3.26) 3.47 6.82 10.76 18.16

5 Finance Charges
i - - - - -
ii - - - - -
iii - - - - -
iv - - - - -
v - - - - -
T1
4 Total Finance Charges [ 5(i to v) ] - - - - -
         

6 Operating Profit after Interest [ 4-T14 ]

(3.26) 3.47 6.82 10.76 18.16

7 Non-Operating Income
i - - - - -
ii - - - - -
NECTAR INDIA

iii - - - - -
T1
5 Total Non-Operating Income [ 7(i to iii) ] - - - - -

8 Non-Operating Expenses
i - - - - -
ii - - - - -
iii - - - - -
T1
9 6 Total Non-Operating Expenses [ 8(i to iii) ] - - - - -
T1
7 Net Non-Operating Income (+) /          

Expenses (-) [ T15-T16 ] - - - - -

         
1
Net Profit before Tax / (Loss) PBT [ 6+/(-)T17 ]
0 (3.26) 3.47 6.82 10.76 18.16
1 Provision for Taxes - - - - -
1
1
Net Profit / Loss after Tax PAT [ 10-11 ]
2 (3.26) 3.47 6.82 10.76 18.16
PAT to Net Sales % [ 12/T2 ] % {0.00%} {4.63%} {6.50%} {7.59%} {9.86%}

1 Equity Dividend & Dividend Tax - - - - -

3
Dividend Rate % {0.00%} {0.00%} {0.00%} {0.00%} {0.00%}
Dividend Distribution Tax % {0.00%} {0.00%} {0.00%} {0.00%} {0.00%}
1
Retained Profit [ 12-13 ]
4 (3.26) 3.47 6.82 10.76 18.16
1 {100.00%
Retained Profit / PAT % [ 14/12 ] % {0.00%} {100.00%} {100.00%} {100.00%}
5 }

FORM III : ANALYSIS OF BALANCE SHEET

Name: NECTAR INDIA
NECTAR INDIA

Current
Year Following years Projected
Estimated
Sr. No. Particulars 31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-
17 18 19 20 21
Year 1 Year 2 Year 3 Year 4 Year 5
Current Liablities
1 Short term borrowings
a from Banks (including bills purchased, discounted
& excess borrowings placed on repayment basis)

i from Applicant Bank -

5.00 5.00 5.00 5.00
ii from Other Banks -
- - - -

T1 sub-total [ a(i + ii) ] -

5.00 5.00 5.00 5.00
of which BP & BD
iii from Applicant Bank {00.00} {00.00} {00.00} {00.00} {00.00}
iv from Other Banks {00.00} {00.00} {00.00} {00.00} {00.00}
[ b(iii + iv)
T2 sub-total - - - - -
]
T3 Total short term borrowings from banks T1 -
5.00 5.00 5.00 5.00
b from Others

i Sundry Trade Creditors - Indigenous

0.55 27.52 39.27 58.85 72.42
ii Sundry Trade Creditors - Import -
- - - -
iii Advance payments from Customers /

Deposits from Dealers / Stockists -

- - - -
iv Provision for Taxation -
- - - -
v Dividend payable -
- - - -
vi Other Statutory Liabilities (due within 1 year) -
1.20 1.65 1.82 2.04
vii Deposits / Debentures / Instalments of Term

Loans / DPGs etc. (due within 1 year) -

- - - -
[ b(i to
T4 Total short term borrowings from others
vii) ] 0.55 28.72 40.92 60.67 74.46
2 Other Current Liabilities and Provisions
(due within one year-specify major items)

i -
- - - -
ii -
- - - -
iii -
- - - -
iv -
NECTAR INDIA

- - - -
v -
- - - -
[ 2(i to
T5 sub-total -
v) ] - - - -
T6 Current Liabilities excl. bank borrowings [ T4+T5 ]
0.55 28.72 40.92 60.67 74.46
T7 Total Current Liabilities [ T3+T6 ]
0.55 33.72 45.92 65.67 79.46

3 Term Liabilities
a Debentures (maturing after 1 year) -
- - - -
b Preference Shares (redeemable after 1 year) -
- - - -
c Term loans (repayable after 1 year) -
- - - -
d Deferred Payment Credits (repayable after 1 year) -
- - - -
e Term deposits (repayable after 1 year) -
- - - -
f Other term liabilities

i Unsecured Loans -
- - - -
ii -
- - - -
[ 3(a to
T8 Total Term Liabilities f) ]
-
- - - -
T9 Total Outside Liabilities [ T7+T8 ]
0.55 33.72 45.92 65.67 79.46

4 Net Worth
a Capital
2.84 12.95 28.77 38.67 55.80
b General reserve -
- - - -
c Revaluation Reserve -
- - - -
d Other reserves (excluding provisions) -
- - - -
e Surplus (+) or deficit (-) in P & L A/c -
- - - -
f Others

i Share Premium Account -

- - - -
ii Capital Redemption Reserve -
- - - -
iii -
- - - -
iv -
- - - -
NECTAR INDIA

v -
- - - -
T1 [ 4(a to
0 Net Worth f) ] 2.84 12.95 28.77 38.67 55.80
T1 [ T9+T10
1 Total Liabilities ] 3.39 46.67 74.68 104.34 135.26

FORM III : ANALYSIS OF BALANCE SHEET

Name: NECTAR INDIA
Current
Year Following years Projected
Estimated
Sr. No. Particulars
31-Mar- 31-Mar- 31-Mar- 31-Mar-
31-Mar-17
18 19 20 21
Year 1 Year 2 Year 3 Year 4 Year 5
Current Assets
5 Cash and bank balances
0.54 1.25 1.05 2.78 2.22

6 Investments -
- - - -
[other than long term Investments]

i Government & other trustee securities -

- - - -
ii Fixed deposits with Banks & Others -
- - - -
T1
sub-total [ 6(i+ii) ] -
2 - - - -

7 i Receivables other than deferred & exports

0.25 7.50 10.50 14.18 18.43
[Including bills purchased & discounted
by bankers]

ii Export receivables (Including bills -

- - - -
purchased/discounted by bankers)          
T1
sub-total [ 7(i+ii) ]
3 0.25 7.50 10.50 14.18 18.43

8 Instalments under deferred receivables -

- - - -
NECTAR INDIA

(due within one year)

9 Inventory
a Raw Materials [Including Stores and other
items used in the process of manufacture)

i Imported -
- - - -
ii Indigeneous -
- - - -
b Work [ Stock ] in Process -
- - - -
c Finished Goods -
30.00 55.00 79.75 107.66
d Goods in Transit -
- - - -
e Other consumable spares

i Imported -
- - - -
ii Indigeneous -
- - - -
T1 [ 9(a to
sub-total -
4 e) ] 30.00 55.00 79.75 107.66
1 Advances to suppliers of of raw materials /
0
stores & spares -
- - - -
1 Advance payment of taxes -
1 - - - -
1 Other current assets [specify major items]
2
i Security Deposit
1.55 1.55 1.55 1.55 1.55
ii -
- - - -
iii -
- - - -
iv -
- - - -
v -
- - - -
T1 [ 12(i to v)
sub-total
5 ] 1.55 1.55 1.55 1.55 1.55

T1 2.3 40.3 68.1 98.2 129.8

6 Total Current Assets [ 5 to 12 ]
4 0 0 6 6

1
Fixed Assets
3
i Gross Block
1.17 7.78 7.67 6.88 6.08
ii Depreciation to date
0.12 1.41 1.09 0.80 0.68
NECTAR INDIA

T1
7 Net Block [ 13(i-ii) ]
1.05 6.37 6.58 6.08 5.40

Other Non-Current Assets

1 Investments / book debts /advances /
4
deposits which are non-current
a Investments in subsidiary

companies / affiliates -
- - - -
b Other investments -
- - - -
c Advances to suppliers of

capital goods and contractors -

- - - -
d Deferred receivables

[maturity exceeding one year] -

- - - -
e Security deposits / Tender Deposits -
- - - -
f Others

i Receivables exceeding one year -

- - - -
ii -
- - - -
iii -
- - - -
T1 [ 14(a to f)
sub-total -
8 ] - - - -
1 Obsolete Stocks -
5 - - - -
1 Non-consumable consumables & spares -
6 - - - -
1 Other non-current assets -
7 - - - -
(Including dues from directors)          
T1 [ 14 to
9 Total Other Non-Current Assets 17 ]
-
- - - -

1 Intangible assets -
8 - - - -
(Patents, Goodwill, Preliminary Expenses,
Bad / Doubtful Debts not provided for etc)

T2
0 Total Assets [ T16+T17+T19+18 ]
3.39 46.67 74.68 104.34 135.26

T2
1 Tangible Net Worth [ T10-18 ]
2.84 12.95 28.77 38.67 55.80
T2 Net Working Capital [ T16-T7 ]
NECTAR INDIA

2 1.79 6.58 22.18 32.59 50.40

1
Current Ratio [ T14/T4 ]
9 4.25 1.20 1.48 1.50 1.63
2
Total Outside Liabilities/
0
Tangible Net Worth [ T9/T21 ]
0.19 2.60 1.60 1.70 1.42
2
Total Term Liabilities/
1
Tangible Net Worth [ T8/T21 ] -
- - - -
NECTAR INDIA

FORM - IV : COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES

Name: NECTAR INDIA
Current
Year
Following years Projected
Estimate
Sr. No. Particulars d
31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-
17 18 19 20 21
Year 1 Year 2 Year 3 Year 4 Year 5
CURRENT ASSETS
1 Raw Materials [Including Stores and other
items used in the process of manufacture)

i Imported - - - - -
[Months' Consumption] {00.00} {00.00} {00.00} {00.00} {00.00}

ii Indigeneous - - - - -
[Months' consumption] {00.00} {00.00} {00.00} {00.00} {00.00}

2 Stocks in Process - - - - -
[Months' Cost of Production] {00.00} {00.00} {00.00} {00.00} {00.00}

3 Finished Goods - 30.00 55.00 79.75 107.66

[Months' Cost of Sales] {00.00} {06.55} {08.80} {09.55} {10.58}

4 Other consumable spares

i Imported - - - - -
[Months' Consumption] {00.00} {00.00} {00.00} {00.00} {00.00}

ii Indigeneous - - - - -
[Months' consumption] {00.00} {00.00} {00.00} {00.00} {00.00}

5 Receivables other than export & deferred

receivables (including bills purchased &

discounted by bankers) 0.25 7.50 10.50 14.18 18.43

[Months' domestic sales including deferred payment sales] {00.00} {01.20} {01.20} {01.20} {01.20}

6 Export receivables [including bills purchased &

discounted] - - - - -
[Months' export sales] {00.00} {00.00} {00.00} {00.00} {00.00}

7 Advances to suppliers of of raw materials /

stores & spares - - - - -

8 Other current assets incl.cash & bank balances
NECTAR INDIA

& deferred receivables due within 1 year [major items only]

i Cash & bank balances 0.54 1.25 1.05 2.78 2.22

ii Investments [ other than long term ] - - - - -

Instalments under deferred receivables [ due within 1 year ]
iii - - - - -

iv Advance payment of taxes - - - - -

v Other current assets as per T15 of Form-III 1.55 1.55 1.55 1.55 1.55

vi - - - - -

vii - - - - -
T
1 Total Current Assets 2.34 40.30 68.10 98.26 129.86

CURRENT LIABILITIES
[Other than bank borrowings for working capital]

9 Sundry Trade Creditors [for raw materials, stores, 0.55 27.52 39.27 58.85 72.42
spares & consumables]

[Months' purchases] - 3.88 4.71 5.65 5.79

1
0 Advances from customers / deposits from dealers - - - - -
1
1 Statutory liabilities [Including Provision for Taxation] - 1.20 1.65 1.82 2.04
1
2 Other current liabilities [specify major items]
[Short Term borrowings, unsecured loans,
dividend payable, instalments of TL,
DPG, public deposits, debentures etc.]
i Deposits / Debentures / Instalments of Term

Loans / DPGs etc. (due within 1 year)

- - - - -

ii - - - - -

iii - - - - -

iv - - - - -

v - - - - -

vi - - - - -

sub-total [ 12(i to vi) ] - - - - -

NECTAR INDIA

T
2 Total Current Liabilities 0.55 28.72 40.92 60.67 74.46

FORM-V: COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE (MPBF) FOR WORKING CAPITAL

Name: NECTAR INDIA

Current
Year
Following years Projected
Estimate
d
Sr. No. Particulars

31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-

17 18 19 20 21

Year 1 Year 2 Year 3 Year 4 Year 5

FIRST Method of Lending

1 Total Current Assets 2.34 40.30 68.10 98.26 129.86

[ T1 in Form-IV ]

2 Current Liabilities [Other than bank borrowing] 0.55 28.72 40.92 60.67 74.46

[ T2 in Form-IV ]
NECTAR INDIA

3 Working Capital Gap [WCG] 1.79 11.58 27.18 37.59 55.40

[1-2]

4 Minimum Stipulated Net Working Capital 0.45 2.90 6.80 9.40 13.85

[ 25% of WCG excluding export receivables]

[ (item 3 above - item no. 6 in Form - IV)*0.25 ]

5 Actual / Projected Net Working Capital [ NWC ] 1.79 6.58 22.18 32.59 50.40

[ T22 in Form-III ]

6 Item no. 3 minus Item no. 4 1.34 8.69 20.39 28.19 41.55

7 Item no. 3 minus Item no. 5 - 5.00 5.00 5.00 5.00

8 Maximum permissible bank finance [MPBF] - 5.00 5.00 5.00 5.00

[ least of item 6 or 7 above ]

9 Excess borrowings representing shortfall in NWC - - - - -

[ item 4 - item 5 ]
               
NECTAR INDIA

FORM-V: FUNDS FLOW STATEMENT

Name: NECTAR INDIA
Current
Year Following years Projected
Estimated
Sr. No. Particulars
31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-
17 18 19 20 21
Year 1 Year 2 Year 3 Year 4 Year 5
A SOURCES OF FUNDS

1 Net profit for the year after tax - 3.47 6.82 10.76 18.16

2 Depreciation 0.12 1.29 (0.32) (0.28) (0.12)

3 Increase in capital 2.84 10.11 15.81 9.90 17.13

4 Increase in long-term funds / term liabilities - - - - -

5 Decrease in fixed assets - - 0.11 0.79 0.80

6 Decrease in other non-current assets - - - - -

7 Others 3.26 - - - -

8 - - - - -

9 - - - - -

10 - - - - -
T
1 Total 6.22 14.88 22.42 21.16 35.98

B APPLICATION OF FUNDS

1 Net loss for the year - (3.26) - - -

2 Decrease in capital - - - - -

3 Decrease in long-term funds / term liabilities - - - - -

4 Increase in fixed assets 1.17 6.61 - - -

5 Increase in other non-current assets - - - - -

6 Dividend payments - - - - -
7 Others -
NECTAR INDIA

3.47 6.82 10.76 18.16

8 - - - - -

9 - - - - -

10 - - - - -
T
2 Total 1.17 6.83 6.82 10.76 18.16

a Long term surplus (+) / deficit (-) [ T1-T2 ] 5.05 8.05 15.60 10.40 17.81

b Increase / (decrease) in current assets * 2.34 37.96 27.80 30.16 31.61

* as per details given below at "h"
c Increase / (decrease) in current liabilities other

than bank borrowings 0.55 28.17 12.20 19.75 13.79

d Increase / (decrease) in working capital gap 1.79 9.79 15.60 10.40 17.81

e Net surplus / (deficit) 3.26 (1.74) - - -

f Increase / (decrease) bank borrowings - 5.00 - - -

g Increase / (decrease) net sales - 75.00 30.00 36.75 42.53

h Break-up of "b" above:

Increase / (decrease) in inventory of:

i Raw materials - - - - -
Work [ Stock ] in Process
ii - - - - -
Finished Goods
iii - 30.00 25.00 24.75 27.91
Goods in Transit
iv - - - - -
Other consumable spares
v - - - - -
Increase / (decrease) in receivables

vi Domestic 0.25 7.25 3.00 3.68 4.25

vii Export - - - - -
vii
i Increase / (decrease) in other current assets 2.09 0.71 (0.20) 1.73 (0.56)

Net total of [ h(i to viii) ] 2.34 37.96 27.80 30.16 31.61

SUMMARY OF FINANCIAL STATEMENTS FOR RATIO ANALYSIS

Name: NECTAR INDIA
NECTAR INDIA

Current
Year
Following years Projected
Estimate
Sr. No. Particulars d
31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-
17 18 19 20 21
Year 1 Year 2 Year 3 Year 4 Year 5
OPERATING STATEMENT
INCOME
75. 105. 141. 184.
Domestic sales -
00 00 75 28
Export sales -
- - - -
75. 105. 141. 184.
Gross Sales -
00 00 75 28
Excise duty -
- - - -
75. 105. 141. 184.
Net Sales -
00 00 75 28
Other Income -
- - - -
75. 105. 141. 184.
Gross Income -
00 00 75 28
EXPENSES

Raw material [Imported] -

- - - -
Raw material [Indigenous] -
- - - -
Consumables [Imported] -
- - - -
85. 100. 125. 150.
Consumables [Indigenous] -
00 00 00 00
Total Material Cost -
- - - -
85. 100. 125. 150.
Total Consumables Cost -
00 00 00 00
85. 100. 125. 150.
Total purchases -
00 00 00 00
Direct Labour -
- - - -
Depreciation -
- - - -
Other direct overheads -
- - - -
Total direct expenses -
- - - -
30. 55. 79.
Inventory [opening] of WIP -
- 00 00 75
30. 55. 79. 107.
Inventory [closing] of WIP -
00 00 75 66
55. 75. 100. 122.
Total cost of production -
00 00 25 09
Inventory [opening] of finished goods -
- - - -
Inventory [closing] of finished goods -
NECTAR INDIA

- - - -
Average inventory of finished goods -
- - - -
55. 75. 100. 122.
Total cost of sales -
00 00 25 09
20. 30. 41. 62.
Gross Profit -
00 00 50 19
3.2 16. 23. 30. 44.
Total indirect expenses
6 53 18 74 02
(3.2 3. 6. 10. 18.
Opearting profit before finance charges
6) 47 82 76 16
Total finance charges [only interest element] -
- - - -
(3.2 3. 6. 10. 18.
Opearting profit after finance charges
6) 47 82 76 16
Non-operating income -
- - - -
Non-operating expenses -
- - - -
(3.2 3. 6. 10. 18.
Profit before Tax / (Loss) PBT
6) 47 82 76 16
Provision for Taxes -
- - - -
(3.2 3. 6. 10. 18.
Net Profit / Loss after Tax PAT
6) 47 82 76 16
Equity divident payout -
- - - -
(3.2 3. 6. 10. 18.
Retained Profit
6) 47 82 76 16
(3.2 3. 6. 10. 18.
Net profit before depreciation, interest & tax [PBDIT]
6) 47 82 76 16
(3.2 3. 6. 10. 18.
Net profit before interest & tax [PBIT]
6) 47 82 76 16

BALANCE SHEET
Liabilities

Short-term borrowings from banks -

5.00 5.00 5.00 5.00
Sundry creditors
0.55 27.52 39.27 58.85 72.42
Opening creditors for FIRST year NA NA NA NA NA

Average creditors
0.28 14.03 33.39 49.06 65.63
Short-term borrowings from others
0.55 28.72 40.92 60.67 74.46
Other current liabilities -
- - - -
Total current liabilities
0.55 33.72 45.92 65.67 79.46
Total term liabilities -
- - - -
Total outside liabilities
0.55 33.72 45.92 65.67 79.46
Total liabilities
3.39 46.67 74.68 104.34 135.26
NECTAR INDIA

Assets

Cash, bank & investments

0.54 1.25 1.05 2.78 2.22
Receivables-other than export
0.25 7.50 10.50 14.18 18.43
Receivables-export -
- - - -
Total Receivables
0.25 7.50 10.50 14.18 18.43
Opening debtors for FIRST year NA NA NA NA NA

Average receivables
0.13 3.88 9.00 12.34 16.30
Inventory -
30.00 55.00 79.75 107.66
Other current assets
1.55 1.55 1.55 1.55 1.55
Total current assets
2.34 40.30 68.10 98.26 129.86

Fixed assets

Gross block
1.17 7.78 7.67 6.88 6.08
Depreciation upto date
0.12 1.41 1.09 0.80 0.68
Net block
1.05 6.37 6.58 6.08 5.40

Total other non-current assets -

- - - -
Intangible Assets -
- - - -
Total assets
3.39 46.67 74.68 104.34 135.26

Total Tangible Assets

3.39 46.67 74.68 104.34 135.26
Net worth
2.84 12.95 28.77 38.67 55.80
Tangible net worth
2.84 12.95 28.77 38.67 55.80
Net working capital
1.79 6.58 22.18 32.59 50.40
NECTAR INDIA

RATIO ANALYSIS
NECTAR INDIA

Name: NECTAR INDIA

Current
Year Following years Projected
Ideal Estimated
Sr. No. Particulars
Levels 31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-
17 18 19 20 21
Year 1 Year 2 Year 3 Year 4 Year 5
A Long-term Solvency Ratios

1 Debt Equity Ratio - - - - -

2 Net Worth to Total Assets Ratio 0.84 0.28 0.39 0.37 0.41

3 Debt to Net Worth Ratio - - - - -

4 Capital Gearing Ratio - - - - -

5 Fixed Assets to Long Term Funds - - - - -

6 Propriety Ratio 0.84 0.28 0.39 0.37 0.41

7 Interest Coverage - - - - -

8 Debt Service Coverage - - - - -

B Short-term Solvency Ratios

1 Current Ratio 4.25 1.20 1.48 1.50 1.63

2 Quick Ratio or Liquid Ratio or Acid Test Ratio 4.25 0.31 0.29 0.28 0.28

3 Absolute Liquid Ratio 0.98 0.04 0.02 0.04 0.03

C Profitability Ratios
1 Return on Capital Employed or Return on
Investment -95.99% 7.45% 9.13% 10.31% 13.43%

2 Gross Profit Margin 0.00% 26.67% 28.57% 29.28% 33.75%

3 Net Profit Margin 0.00% 4.63% 6.50% 7.59% 9.86%

4 Cash Profit Ratio 0.00% 4.63% 6.50% 7.59% 9.86%

NECTAR INDIA

5 Return on Net Worth -114.56% 26.82% 23.71% 27.82% 32.55%

6 Operating Profit (before interest) Margin 0.00% 4.63% 6.50% 7.59% 9.86%

7 Operating Profit (after interest) Margin 0.00% 4.63% 6.50% 7.59% 9.86%

D Activity Ratios

1 Inventory Turnover Ratio - - - - -

[Based on closing inventory]

2 Inventory Turnover Ratio - - - - -

[Based on average inventory]

3 Inventory Turnover Ratio - - - - -

[Based on cost of sales / average inventory]

4 Inventory Turnover Period

i Based on net sales & closing inventory - - - - -

ii Based on net sales & average inventory - - - - -

iii Based on net cost of sales & average inventory - - - - -

5 Debtors Turnover Ratio - 10.00 10.00 10.00 10.00

[Based on closing debtors]

6 Debtors Turnover Ratio - 19.35 11.67 11.49 11.30

[Based on average debtors]

7 Debtors Turnover Period

i Based on net sales & closing debtors - 36.50 36.50 36.50 36.50

ii Based on net sales & average debtors - 18.86 31.29 31.77 32.29

8 Creditors Turnover Ratio - 3.09 2.55 2.12 2.07

[Based on closing creditors]

9 Creditors Turnover Ratio - 6.06 2.99 2.55 2.29

[Based on average creditors]

10 Creditors Turnover Period

i Based on purchases & closing creditors -
NECTAR INDIA

118.17 143.33 171.84 176.22

ii Based on purchases & average creditors - 60.26 121.88 143.25 159.71

11 Fixed Assets Turnover Ratio - 11.77 15.95 23.31 34.13

12 Assets Turnover Ratio - 1.61 1.41 1.36 1.36

13 Working Capital Turnover Ratio - 11.39 4.73 4.35 3.66

14 Sales to Capital Employed - 5.79 3.65 3.67 3.30

E Operating Ratios
100.00
1 Domestic Sales Proportion 0.00% 100.00% % 100.00% 100.00%

2 Export Sales Proportion 0.00% 0.00% 0.00% 0.00% 0.00%

3 Material Cost Ratio 0.00% 0.00% 0.00% 0.00% 0.00%

4 Consumables Cost Ratio 0.00% 113.33% 95.24% 88.18% 81.40%

5 Direct Labour Cost Ratio 0.00% 0.00% 0.00% 0.00% 0.00%

6 Other Direct Cash Overheads Cost Ratio 0.00% 0.00% 0.00% 0.00% 0.00%

7 Total Direct Cost Ratio [excl material & consumables] 0.00% 0.00% 0.00% 0.00% 0.00%

8 Total Direct Cost Ratio [incl material & consumables] 0.00% 113.33% 95.24% 88.18% 81.40%

9 Indirect Cost Ratio 0.00% 22.03% 22.07% 21.69% 23.89%

10 Interest Cost Ratio 0.00% 0.00% 0.00% 0.00% 0.00%

11 Operating Cost Ratio 0.00% 95.37% 93.50% 92.41% 90.14%

STATEMENT OF CHANGES IN WORKING CAPITAL

Name: NECTAR INDIA
Current
Year Following years Projected
Sr. Estimated
Particulars
No. 31-Mar- 31-Mar- 31-Mar- 31-Mar- 31-Mar-
17 18 19 20 21
Year 1 Year 2 Year 3 Year 4 Year 5

Current Assets
NECTAR INDIA

Cash and bank balances

0.54 1.25 1.05 2.78 2.22
Investments

Investments [other than long term] -

- - - -
Government & other trustee securities -
- - - -
Fixed deposits with Banks & Others -
- - - -
Receivables

Receivables other than deferred & exports

0.25 7.50 10.50 14.18 18.43
Export receivables -
- - - -
Instalments under deferred receivables -
- - - -
Inventory
Raw Materials

Imported -
- - - -
Indigeneous -
- - - -
Work [ Stock ] in Process -
- - - -
Finished Goods -
30.00 55.00 79.75 107.66
Goods in Transit -
- - - -
Other consumable spares

Imported -
- - - -
Indigeneous -
- - - -
Advances to suppliers -
- - - -
Advance payment of taxes -
- - - -
Security Deposit
1.55 1.55 1.55 1.55 1.55
-
- - - -
-
- - - -
-
- - - -
-
- - - -
2.3 40. 68. 98. 129.
Total Current Assets
4 30 10 26 86
2.3 37. 27. 30. 31.
Change in the current assets
4 96 80 16 61
NECTAR INDIA

Current Liabilities
Short term borrowings from Banks

from Applicant Bank -

5.00 5.00 5.00 5.00
from Other Banks -
- - - -
of which BP & BD

from Applicant Bank -

- - - -
from Other Banks -
- - - -
Short term borrowings from Others

Sundry Trade Creditors - Indigenous

0.55 27.52 39.27 58.85 72.42
Sundry Trade Creditors - Import -
- - - -
Advance from Customers / deposits from dealers -
- - - -
Provision for Taxation -
- - - -
Dividend payable -
- - - -
Other Statutory Liabilities -
1.20 1.65 1.82 2.04
Deposits / Debentures / Instalments of Term

Loans / DPGs etc. -

- - - -
Other Current Liabilities and Provisions

-
- - - -
-
- - - -
-
- - - -
-
- - - -
-
- - - -

Total Current Liabilities

0.55 33.72 45.92 65.67 79.46

Change in the current liabilities

0.55 33.17 12.20 19.75 13.79

Net Working Capital as calculated above 1.79 6.58 22.18 32.59 50.40

Increase / (Decrease) in Net Working Capital 1.79 4.79 15.60 10.40 17.81
NECTAR INDIA

CONCLUSION:

Nectar India is having great prospects and plans of expansion of the project of hypermarket.
In coming years NECTAR INDIA shall be a name of trust and quality and the same shall be
one of the greatest India super market.