PROJECT REPORT FOR FLOUR MILL

1 NAME OF THE ENTERPISES : SHRI TEGA KUMAR

2 CONSTITUTION : PROPRIETORSHIP

3 PROPRIETOR NAME : SHRI TEGA KUMAR

4 UNIT ADDRESS : Vill.Post Sakaldhia Railway Station

Kambhari,Dist. Chandauli

5 NAME OF THE PROJECT/ : SHRI TEGA KUMAR

BUSINESS ACTIVITY PROPOSED FLOUR MILL

6 COST OF PROJECT : 10 Lacs

7 MEANS OF FINANCE : Own Fund

Term Loan
Cash Credit

8 CURRENT RATIO : 1.32

9 PAY BACK PERIOD :

Cash Credit On Demand
Term Loan 05 YEAR/60 MONTH

10 BREAK EVEN POINT : 49.90%

11 NO. OF EMPOLOYEES :8

12 NET PROFIT RATIO 12.74%

13 DEBT EQUITY RATIO 0.96

14 AVERAGE DEBT SERVICE COVERAGE 4.45

RATIO

15 ESTIMATED ANNUAL RECEIPT TURNOVER (AT 100%) : 5192000

 SHRI TEGA KUMAR
Address at :Vill.Post Sakaldhia Railway Station
Kambhari,Dist. Chandauli
PROJECT COST AND MEANS OF FINANCE

S. No. PARTICULARS Rs.

I PROPOSED COST OF PROJECT

Plant & Machinery 440,000.00
Furniture & Fixture 60,000.00
Working Capital 500,000.00

1,000,000.00

II MEANS OF FINANCE

A) Promoter's Contribution 50,000.00

B) Bank Finance
i) Term Loan 475,000.00
ii) Working Capital 475,000.00

III TOTAL 1,000,000.00

 SHRI TEGA KUMAR
Address at :Vill.Post Sakaldhia Railway Station,Kambhari,Dist. Chandauli
Balance Sheet (Projected)
Estimated Projected Projected Projected Projected
Particulars
1 2 3 4 5
Liabilities
Capital 50,000.00 436,827.93 647,410.39 845,412.35 1,000,492.40
Add: Profit 396,827.93 435,582.46 503,001.97 580,080.05 638,051.27
446,827.93 872,410.39 1,150,412.35 1,425,492.40 1,638,543.67
Less: Drawings 10,000.00 225,000.00 305,000.00 425,000.00 480,000.00
436,827.93 647,410.39 845,412.35 1,000,492.40 1,158,543.67
Long Tern Liabilty
Term Loan 326,718.71 228,979.45 120,468.98 - -
Current Liabilty & Provision
Margin Subsidy Reserve A/c 350,000.00 350,000.00 350,000.00 350,000.00 350,000.00
Working Capital Loan 475,000.00 475,000.00 475,000.00 475,000.00 475,000.00
Term Loan Instal. Pyable 88,037.26 97,739.27 108,510.47 120,468.97 -
within 12 month
Sundry Creditor for material 12,500.00 156,840.00 431,750.00 448,000.00 438,540.00
& Expenses

Total Liabilites 1,689,083.90 1,955,969.10 2,331,141.80 2,393,961.37 2,422,083.67

Assets
Gross Fixed Asset 500,000.00 464,000.00 397,250.00 340,227.50 291,501.88
Less: Depreciation 36,000.00 66,750.00 57,022.50 48,725.63 41,647.63
Net Fixed Asset 464,000.00 397,250.00 340,227.50 291,501.88 249,854.24
Current Assets
Closing Stock 152,000.00 305,000.00 355,000.00 395,000.00 365,000.00
Receivables 445,500.00 440,179.10 561,634.30 552,141.50 619,846.92
Loans & Advances 105,600.00 273,540.00 478,680.00 529,618.00 542,382.50
Margin Subsidy Reserve A/c 350,000.00 350,000.00 350,000.00 350,000.00 350,000.00
Cash in bank/hand 171,983.90 190,000.00 245,600.00 275,700.00 295,000.00
Total Assets 1,689,083.90 1,955,969.10 2,331,141.80 2,393,961.38 2,422,083.66
- - - (0.00) 0.00
Note: The above financial statement is only estimate of future business transaction, prepared
on the basis of information provided by the proprietor. We do not vouch the accuracy of the same.

Prepared by-
For Jamuna Shukla & Associates
Chartered Accountants

Shruti Agrawal
Partner
Date : 15.09.2020
Place: Varanasi
 SHRI TEGA KUMAR
Address at :Vill.Post Sakaldhia Railway Station,Kambhari,Dist. Chandauli

Profit & Loss Statement (Projected)

Year
Particulars 1 2 3 4 5

Sale of Saree 3,115,000.00 3,375,000.00 3,634,000.00 3,894,000.00 4,153,600.00

Closing Stock of FG 152,000.00 305,000.00 355,000.00 395,000.00 365,000.00

Total 3,267,000.00 3,680,000.00 3,989,000.00 4,289,000.00 4,518,600.00

Opening Stock of FG 152,000.00 305,000.00 355,000.00 395,000.00

Cost of Raw material Consumed 1,832,500.00 1,952,500.00 1,960,000.00 2,041,325.00 2,090,470.00
Consumables 205,000.00 215,000.00 236,500.00 260,150.00 266,165.00
Wages 320,000.00 352,000.00 389,000.00 428,000.00 472,000.00
Power,Fuel & Electricity 60,000.00 66,000.00 72,600.00 80,600.00 88,660.00
Freight & Cartage 18,000.00 19,800.00 21,780.00 24,950.00 27,450.00
Total 2,435,500.00 2,757,300.00 2,984,880.00 3,190,025.00 3,339,745.00

Gross Profit 831,500.00 922,700.00 1,004,120.00 1,098,975.00 1,178,855.00

Rent 144,000.00 158,400.00 174,560.00 192,500.00 212,000.00

Depreciation 36,000.00 66,750.00 57,022.50 48,725.63 41,647.63
Selling & Distribution Exps 54,000.00 59,400.00 65,340.00 71,870.00 79,600.00
Administrative Expenses 48,000.00 52,800.00 58,080.00 63,800.00 70,180.00
Advertisment Expenses 30,000.00 33,000.00 36,300.00 39,930.00 43,940.00
Interest on CC 49,875.00 49,875.00 49,875.00 49,875.00 49,875.00
Interest on Term Loan 47,797.07 39,392.54 29,690.53 18,919.33 6,961.10
Miscalleneous Expenses 25,000.00 27,500.00 30,250.00 33,275.00 36,600.00

Total 434,672.07 487,117.54 501,118.03 518,894.95 540,803.73

Net Profit 396,827.93 435,582.46 503,001.97 580,080.05 638,051.27

Note: The above financial statement is only estimate of future business transaction, prepared on the
basis of information provided by the proprietor. We do not vouch the accuracy of the same.

Prepared by-
For Jamuna Shukla & Associates
Chartered Accountants

Shruti Agrawal
Partner

Date : 15.09.2020
Place: Varanasi
 TERM LOAN REPAYMENT SCHEDULE
Loan Amount 475,000.00
Repayment Period 60.00 Months
Rate of Interest 10.50% Yearly
Moratorium Period 3 months
Amount of Installment 10,619.15

REPAYMENT SCHEDULE & INTEREST CALCULATION OF LOAN

Month Opening Bal. Addition Installment Principal Interest Closing Bal.
1 - 475,000.00 4,156.25 - 4,156.25 475,000.00
2 475,000.00 - 4,156.25 4,156.25 475,000.00
3 475,000.00 4,156.25 4,156.25 475,000.00
4 475,000.00 10,619.15 6,462.90 4,156.25 468,537.10
5 468,537.10 10,619.15 6,519.45 4,099.70 462,017.65
6 462,017.65 10,619.15 6,576.50 4,042.65 455,441.15
7 455,441.15 10,619.15 6,634.04 3,985.11 448,807.11
8 448,807.11 10,619.15 6,692.09 3,927.06 442,115.03
9 442,115.03 10,619.15 6,750.64 3,868.51 435,364.38
10 435,364.38 10,619.15 6,809.71 3,809.44 428,554.67
11 428,554.67 10,619.15 6,869.30 3,749.85 421,685.37
12 421,685.37 10,619.15 6,929.40 3,689.75 414,755.97
13 414,755.97 10,619.15 6,990.04 3,629.11 407,765.94
14 407,765.94 10,619.15 7,051.20 3,567.95 400,714.74
15 400,714.74 10,619.15 7,112.90 3,506.25 393,601.84
16 393,601.84 10,619.15 7,175.13 3,444.02 386,426.71
17 386,426.71 10,619.15 7,237.92 3,381.23 379,188.79
18 379,188.79 10,619.15 7,301.25 3,317.90 371,887.54
19 371,887.54 10,619.15 7,365.13 3,254.02 364,522.41
20 364,522.41 10,619.15 7,429.58 3,189.57 357,092.83
21 357,092.83 10,619.15 7,494.59 3,124.56 349,598.24
22 349,598.24 10,619.15 7,560.17 3,058.98 342,038.08
23 342,038.08 10,619.15 7,626.32 2,992.83 334,411.76
24 334,411.76 10,619.15 7,693.05 2,926.10 326,718.71
25 326,718.71 10,619.15 7,760.36 2,858.79 318,958.35
26 318,958.35 10,619.15 7,828.26 2,790.89 311,130.09
27 311,130.09 10,619.15 7,896.76 2,722.39 303,233.33
28 303,233.33 10,619.15 7,965.86 2,653.29 295,267.47
29 295,267.47 10,619.15 8,035.56 2,583.59 287,231.91
30 287,231.91 10,619.15 8,105.87 2,513.28 279,126.04
31 279,126.04 10,619.15 8,176.80 2,442.35 270,949.24
32 270,949.24 10,619.15 8,248.34 2,370.81 262,700.90
33 262,700.90 10,619.15 8,320.52 2,298.63 254,380.38
34 254,380.38 10,619.15 8,393.32 2,225.83 245,987.06
35 245,987.06 10,619.15 8,466.76 2,152.39 237,520.29
36 237,520.29 10,619.15 8,540.85 2,078.30 228,979.45
37 228,979.45 10,619.15 8,615.58 2,003.57 220,363.87
38 220,363.87 10,619.15 8,690.97 1,928.18 211,672.90
39 211,672.90 10,619.15 8,767.01 1,852.14 202,905.89
40 202,905.89 10,619.15 8,843.72 1,775.43 194,062.17
41 194,062.17 10,619.15 8,921.11 1,698.04 185,141.06
42 185,141.06 10,619.15 8,999.17 1,619.98 176,141.89
43 176,141.89 10,619.15 9,077.91 1,541.24 167,063.99
44 167,063.99 10,619.15 9,157.34 1,461.81 157,906.65
45 157,906.65 10,619.15 9,237.47 1,381.68 148,669.18
46 148,669.18 10,619.15 9,318.29 1,300.86 139,350.88
47 139,350.88 10,619.15 9,399.83 1,219.32 129,951.05
48 129,951.05 10,619.15 9,482.08 1,137.07 120,468.98
49 120,468.98 10,619.15 9,565.05 1,054.10 110,903.93
50 110,903.93 10,619.15 9,648.74 970.41 101,255.19
51 101,255.19 10,619.15 9,733.17 885.98 91,522.02
52 91,522.02 10,619.15 9,818.33 800.82 81,703.69
53 81,703.69 10,619.15 9,904.24 714.91 71,799.45
54 71,799.45 10,619.15 9,990.90 628.25 61,808.54
55 61,808.54 10,619.15 10,078.33 540.82 51,730.22
56 51,730.22 10,619.15 10,166.51 452.64 41,563.71
57 41,563.71 10,619.15 10,255.47 363.68 31,308.24
58 31,308.24 10,619.15 10,345.20 273.95 20,963.04
59 20,963.04 10,619.15 10,435.72 183.43 10,527.31
60 10,527.31 10,619.15 10,527.31 92.11 0.00
SCHEDULE OF LOAN REPAYMENT

Repayment of Loan is worked out as under:

Particular 1 2 3 4 5

Opening Balance 475,000.00 414,755.97 326,718.71 228,979.45 120,468.98

Repayment 60,244.03 88,037.26 97,739.27 108,510.47 120,468.97
Closing Balance 414,755.97 326,718.71 228,979.45 120,468.98 0.00

WORKING CAPITAL LOAN

YEAR OPENING BALANCE CLOSING BALANCE INTEREST @ 10.50%

1 475,000.00 475,000.00 49,875.00

2 475,000.00 475,000.00 49,875.00
3 475,000.00 475,000.00 49,875.00
4 475,000.00 475,000.00 49,875.00
5 475,000.00 475,000.00 49,875.00
 STATEMENT SHOWING DEPRECIATION ON FIXED ASSET

PARTICULARS RATE 1 2 3 4 5
OF
DEP.

Plant & Machinery 15%

Opening Balance - 407,000.00 345,950.00 294,057.50 249,948.88
Addition 440,000.00 - - - -
Depreciation 33,000.00 61,050.00 51,892.50 44,108.63 37,492.33

Closing Balance 407,000.00 345,950.00 294,057.50 249,948.88 212,456.54

Furniture & Fixture 10%

Opening Balance - 57,000.00 51,300.00 46,170.00 41,553.00
Addition 60,000.00 - - - -
Depreciation 3,000.00 5,700.00 5,130.00 4,617.00 4,155.30

57,000.00 51,300.00 46,170.00 41,553.00 37,397.70

Closing Balance 464,000.00 397,250.00 340,227.50 291,501.88 249,854.24
BREAK EVENT POINT AND RATIO ANALYSIS

PARTICULARS 1 2 3 4 5
Fixed Cost 241,672.07 247,667.54 254,125.53 261,294.33 268,836.10
Variable Cost 2,628,500.00 2,996,750.00 3,231,872.50 3,447,625.63 3,611,712.63
Total Cost 2,870,172.07 3,244,417.54 3,485,998.03 3,708,919.95 3,880,548.73
Gross receipt 3,115,000.00 3,375,000.00 3,634,000.00 3,894,000.00 4,153,600.00
Contribution (GR-VC) 486,500.00 378,250.00 402,127.50 446,374.38 541,887.37
BEP in % 49.68% 65.48% 63.20% 58.54% 49.61%
Inventory 152,000.00 305,000.00 355,000.00 395,000.00 365,000.00
Inventory Holding Period(in days) 19.33 34.31 37.17 38.87 34.33
TOL-TNW Ratio 2.87 2.02 1.76 1.39 1.09
Debt Equity Ratio 0.95 0.50 0.27 0.12 -
Gross Profit Ratio(In %) 26.69% 27.34% 27.63% 28.22% 28.38%
Net Profit Ratio(In %) 12.74% 12.91% 13.84% 14.90% 15.36%
Current Ratio 1.32 1.44 1.46 1.51 1.72
 CALCULATION OF DEBT SERVICE COVERAGE RATIO

Particulars 1 2 3.00 4 5

Cash Accrual 432,827.93 502,332.46 560,024.47 628,805.67 679,698.90

Interest on Tern Loan 47,797.07 39,392.54 29,690.53 18,919.33 6,961.10

Total (A) 480,625.00 541,725.00 589,715.00 647,725.00 686,660.00

Repayment
Interest on Term Loan 47,797.07 39,392.54 29,690.53 18,919.33 6,961.10
Princpal Amount 60,244.03 88,037.26 97,739.27 108,510.47 120,468.97

Total (B) 108,041.10 127,429.80 127,429.80 127,429.80 127,430.07

DSCR (A/B) 4.45 4.25 4.63 5.08 5.39

Avg DSCR 4.76
Capacity Utilisation of Sales

Particulars/Year 1st 2nd 3rd 4th 5th

Capacity Utilisation 60% 65% 70% 75% 80%

Sales/Gross Receipt 3,115,000.00 3,375,000.00 3,634,000.00 3,894,000.00 4,153,600.00

WAGES
Particulars No. of Worker Wages Per Month Amount(Rs)
Wages 8 4000 320,000.00
 ASSESSMENT OF WORKING CAPITAL FUND
COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL

PBF As Per NCR Method 1

(i) Accepted Sales 3,115,000.00

(ii) Less: 25% of (i) 778,750.00
(iii) 5% of (i) 155,750.00
(iv) NWC 299,546.64
(v) PBF (ii-iii) 623,000.00
or ( ii-iv) 479,203.36
Whichever is less 479,203.36