(PARTI:For all Term &Working Capital Loan Proposal ofAboveRs.5.

00Lacs

BARODA UP BANK

Branch - : District :
RegionalOffice : District :

Process Note for Term & /or Cash Credit Loan Proposal for above Rs. 05.000 Lacs

Ref. No. :- Date:-

GROUP :
BANKING :
MONTH OF REVIEW :
ASSET : Next Due
CLASSIFICATION : :
New Account
STATUS OF

: Regular Review

: Early Alert System

:
Special Mention Account

1 a) NAME OFTHEACCOUNT : SHRI MD ASHIK

b) NAME OF BANK BRACH/REGIONALOFFICE :

c) DATE OFINCORPORATION/ESTABLISHMENT :

2 CONSTITUTION : INDIVIDUAL

3 ADDRESS
VILL.POST-NAI DANDI,BHISAUDI
Regd./Admn.Office : ,DISTT.CHANDAULI,NIYAMATABAD
UTTAR PRADESH PIN-232101

Unit/Works :
4 NAMEOFPROPRIETORS/PARTNERS/DIRECTORS : SHRI NIYAZ AKHTAR
& THEIR MEANS

5 BACKGROUND OF Shri MD ASHIK is owner of the business.He is resident of

PROMOTORS/DIRECTORS/PROPRIETOR : Vill.Post Nai Dandi,Bhisaudi Distt Chandauli, Niyamatabad UP .He
PROPRIETORS/PARNERS has good behaviour,leadership quality and confidently strong
man.He has good ability to negotiate is critical tothe success
of any business. He is enjoying good reputation in the market
and is a dynamic business man.He is well experienced and
having good knowledge of several business skills.
 6 CAPITALSTRUCTURE : NA

In caseof companies :
AuthorisedCapital :
Paid-upCapital :
BookValue :
MarketValue :

6 a) SHAREHOLDING PATTERN : NA

Share Holder No. of Shares Face Value Holding %

7 IN CASE OF PARTNERSHIPFIRMSINDICATE : NA
INDIUVIDUAL CAPITAL CONTRIBUTED BY EACHPARTNER
SEPARATELY :

8 LINE OF ACTIVITY : Manufacturing & trading of Embroidery Saree

9 SECTOR /BSRCODE :

10 COMMENTS ON LATESTCREDIT/
SERCH REPORT (In case ofcompanyonly) :

11 WHETHER A/c IS TAKEN/TO BE TAKEN

OVER IF SO NORMS FOR TAKE OVERARE
FULFILLED :

12 a) DEALING WITHBANKSINCE : NEWACCOUNT

b) CREDITFACILITIESSINCE : NEWACCOUNT

13 TOTALINDEBTEDNESS :

FUND BASED NON FUND TOTAL

BASED
Existin Propose Existing Propose Existin Propose
g d d g d
Our Bank
Working Capital - 3.80 - - - 3.80
Term Loan - 5.70 - - - 5.70
Sub Total - 9.50 - - - 9.50
Other Bank 0.00 0.00 0.00 0.00 0.00 0.00
Fin. Institutions 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL - 9.50 - - - 9.50
14 FINANCIAL INDICATORS:
Year Year Year Year Year
th
1st 2nd 3rd 4 5th
Paid up Capital 4.40 7.40 10.41 12.94 15.88
Reserves & Surplus 0.00 0.00 0.00 0.00 0.00
Intangible Assets 0.00 0.00 0.00 0.00 0.00
Tangible Net Worth 4.40 7.40 10.41 12.94 15.88
Long Term Liabilities 3.91 2.74 1.43 - -
Liabilities other than Bank 3.62 5.07 7.62 7.95 7.02
Capital Employed 8.31 10.14 11.84 12.94 15.88
Net Block 5.13 4.39 3.76 3.22 2.76
Investments 0.00 0.00 0.00 0.00 0.00
Non Current Assets 0.00 0.00 0.00 0.00 0.00
Net Working Capital 2.98 5.54 7.88 9.52 12.92
Current Assets 11.66 15.79 20.80 22.90 23.94
Current Liabilities 8.49 10.04 12.73 13.18 10.82
Current Ratio 1.37 1.57 1.63 1.74 2.21
Debt Equity Ratio (LTL/TNW)-Cover 1.14 0.53 0.26 0.11 -
DER (TOL/TNW) - Total 1.14 0.53 0.26 0.11 -
Net Sales 32.15 34.82 37.49 40.16 42.84
Other Income 0.00 0.00 0.00 0.00 0.00
Net Profit Before Tax 3.99 5.26 6.05 6.78 7.73
Tax 0.00 0.00 0.00 0.00 0.00
Net Profit after Tax 3.99 5.26 6.05 6.78 7.73
Bank Interest on Term Loan 0.57 0.47 0.36 0.22 0.08
Depreciation 0.86 0.74 0.63 0.54 0.46
Cash Accruals 4.86 6.00 6.69 7.32 8.19
Repayment of Term Loan 0.73 1.06 1.17 1.30 1.43
DSCR 4.18 4.22 4.60 4.93 5.68
Average D.S.C.R. 4.68
 (I) C
OMMENTS ON FINANCIALINDICATORS:-

(II) AUDIT NOTES IN BALANCE SHEET IF ANY, TO BESPECIFIED:-

15 EVALUATION OF MANAGEMENT (Refer to explanatory note enclosed

herewith) The issued that the credit officer should commenton:
Market reputation on the promoter/ management of the company/ Any Directors on RBI's negative List/
Borrower's track-record in honouring financial commitment.

Hands on experience of the management personel in the industry / Business managed by qualified
personnel/ Decision making is it concentrated?

Organisation structure/ succession planning/ Labour relations.

Length of relationship with the bank

16 EVALUATION OF BUSINESS -INDUSTRY

Diversity in customer base and product

Availability of raw material and procurement arrangement

Selling and distribution arrangement

Technology issues if any

Trade Practices

Any other issues related to business

17 A. CONDUCT OF No. of Last Stat./return recd.
THEACCOUNT Statement/Return
recd. During the year

(I) Regularity in submissionofStock New

Statement/ Book Debt. Statement :

B COMMENTS ON OPERATIONS/
OVERDUES :
Indicate Whether
1 Turnover in the account is : NewAccount
commensurate with
thelimits

2 The frequent execessaregiven. : NO

3 Cheques arereturnedfrequently : NO

18 COMPLIANCE TO TERMS OF SANCTION (for old:

loan A/cs only)
a) Completion ofmortgageformalities : NO

b) Registration of Charges withROC/Sub- :

NA
Registrar/Revenue/RTO

c) Whether documents valid andinforce : NEWACCOUNT

d) Compliance ofRBIguidelines : NEWACCOUNT

19 a) DATES OF INSPECTIONDURINGTHE : NEW

ACCOUNT FINANCIALYEAR

b) i) NATURE & VALUE OF COLLATERAL SECURITY:

A- Detail of Mortgage
Nature/Description of collateral Value Date of Insu.
Name & Address
security indicating area & (Rs. In Valuation Amt. Remarks
of owner
location of property Lacs) alongwith name & Date
of valuer of
Expiry

B- Details of Liquid Security

(If space provides is not sufficient please attach separate sheet)

(Inspection Report of Branch Manager for verification of property in prescribed format to be enclosed)
 ii) PERSONAL GUARANTEE /CORPORATEGUARANTEE Means
(Rs.) Names &address

20 a WHETHER THE NAME OF THE COMPANY : NO

) /
DIRECTORSFIGUREINRBIDEFAULTER/C
AUTION LIST / WIL FULL DEFAULTERS /
ECGS. IF YES PLEASE
FURNISHDETAILS.

b) WHETHERDIRECTOR/PARTNER/PROPRIETORIS:
NOA DIRECTOR IN OUR / OTHER BANK ORIS
RELATED TO EHEM IF YES

i) Name of such Director with : NO

nameof theBank

ii) Type ofrelation : NO

21 AUDITOBSERVATIONS NA
a) Internal
b) Concurrent
c) Statutory
d) NABARDInspection
e) ManagementAudit

22 ANY IRREGULAR FEATURE OBSERVED IN THE MONITORINGREPORT

AUDIT RECTIFICATION
REMARKS STATUS
NA NA

23 a) EXPOSURE DETAILS FROM OURBANK

Limit Value of
Limit O/s as Irregularities if
NATURE OF Recom D.P. Securities
FACILITY Existing on any
m (Our share)
ended
A] NON FUND BASED - - - -
LIMITS
SUB-LIMIT [A] - - - -
B] FUND BASED LIMITS
Cash Credit (W/C) - 3.80 3.80 -
SUB-LIMIT [B] - 3.80 3.80 -
C] TERM LOAN
Term Loan - 5.70 5.70 -
SUB-LIMIT [C] - 5.70 5.70 -

GRAND TOTAL [A+B+C] - 9.50 9.50 -

 b)DETAILS OF EXCESSES ALLOWED DURING THE YEAR :-
NO. OF OCCASIONS EXCESSES Maximum Excesses Allowed
ALLOWED

c) OTHER EXPOSURE, IFANY INCLUDING : NA

INVESTMENTS

d) OTHER LIABILITIES OF DIRECTORS/ : NA

PARTNERS [in their individual capacity]

24 a) EXPOSURE DETAILS FROM

BANKING SYSTEM (incl. Our Bank)
Fund Based Non-Fund
Name of the Bank Based Comments on Conduct of the
Account
% share Amount % Amount
share

NA NA NA NA NA NA

b) VALUE OF ACCOUNT (During Financial Year)

i) Advances
- Interest Income
- Feebased Income
ii) Retail / Consumer / Finance (to No. of Accounts Amount
employees associates)
iii) Deposits
- Own
- Third Party

25 a OPERATIONAL EXPERIENCE WITH REGARD : NA

) TO SISTER
/ ALLIED CONCERNS
Name of the Branch COA WC Term Conting Invest Present
Concern e m

b) COMMENTS ON OTHER BANK'S CREDIT : NA

REPORT ON SISTER CONCERNS
26 COMMENTS ON ASSESSMENT
OFLIMITS
a) PROJECTED LEVEL OFSALES
b) INVENTORY & 1stYear
RECEIVABLENORMS
c) WORKING CAPITALASSESSMENT
i) Estimated level of 32,15,000.00
ii) Sales 25%of 8,03,750.00
iii) Estimated Sales 5% 1,60,750.00
iv of Estimated of Sales 3,17,641.11
Project Net Working Capital
v) Permissible Net Working
vi) Capital (2-3) or (2-4) 486108.89or
whichever is lower Working 643000.00
vii)
Capital Loan Limit 486108.89
Limit Recommended 380000.00

d) Term Loan
Assessment
ProjectCost
Margin
Money Loan
Item(s)
Nameofsupplier :

e) ASSESSMENT OF NONFUNDLIMITS : Not Applied

f) CONSORTIUM ARRANGEMENT(Ifany) : NIL

g) ANY OTHERMATTER :
NIL in case
of newproposals
I have made enquiries from M/s
about M/s / their partners/directors. M/s
have given a good report on the dealing and conduct of a fore said parties

27 INDICATE PRODUCTS :
/SERVICEPROPOSED TO BE
MARKETED TOCUSTOMER
28. RECOMMENDATIONS:-

Amount
Nature of limit Margin Intt./Comm. Security
Existing Proposed
FUND BASED - 3.80 0.25
TERM LOAN - 5.70 0.25
NON FUND BASED - -
TOTAL - 9.50 0.50

TERMS AND CONDITIONS :

Recommended the above proposal for Sanction or Rejection / Santioned Rs.

OFFICER BRANCHMANAGER
 ANNEXURE
B
REAK-UP OF BALANCE SHEET

S CURRENT ASSETS YEA YEAR YEAR YEAR YEAR

L. R
A) 1st 2nd 3rd 4th 5th
1 Cash & Bank Balance 1.78 2.19 3.66 4.87 5.96
2 Trade Investment - - - - -
3 Book Debts not older than 6 Month 3.08 5.54 7.61 7.85 8.05
4 Inventory :-
a) Raw Materials - - - - -
b) Stock in process - - - - -
c) Finished Goods 2.52 3.85 3.75 3.95 3.65
d) Consumable Stores and Spares - - - - -
5 Tax Paid in advance - - - - -
6 Other Current Assets 4.28 4.21 5.78 6.23 6.28
TOTAL CURRENT ASSETS 11.66 15.79 20.80 22.90 23.94

B) CURRENT LIABILITIES
1 Short Term (Bank Borrowings) 3..80 3.80 3.80 3.80 3.80
2 Loans from Sub Companies - - - - -
3 Loans from Directors - - - - -
4 Loans from Others - - - - -
5 Sundry Creditors - Purchases 0.13 1.57 4.12 4.45 3.52
6 Interest & Other Charges accrued
but - - - - -
not due from payment
7 Provision for Taxation - - - - -
8 Other Provision - - - - -
9 Instalment due (in 12 months) on 1.06 1.17 1.30 1.43 -
dererred liabilities / term loans
10 Other Current Liabilities 3.50 3.50 3.50 3.50 3.50
TOTAL CURRENT LIABILITIES 8.49 10.05 12.73 13.18 10.82

C) FIXED ASSETS (Net of

Depreciation)
1 Land & Building - - - - -
2 Furniture & Fixture 0.59 0.52 0.47 0.43 0.38
3 Plant & Machinery 4.54 3.87 3.29 2.79 2.37
4 Other Fixed Assets - - - - -
5 Construction awaiting completion - - - - -
TOTAL FIXED ASSETS 5.13 4.39 3.75 3.22 2.75
D) LONG TERM LIABILITIES
1 Debentures - - - - -
2 Redeemablepref.SharesMaturingaft
er - - - - -
one year but before 12 Years
3 Term Loan (excluding interest 3.91 2.74 1.43 - -
instalment payable within one year)
4 DeferredPaymentCredit(excluding
instalmentpayablewithinoneyear) - - - - -
5 Other Term Liabilities - - - -- -
TOTAL LONG TERM LIABILITIES 3.91 2.74 1.43 - -
E) MISCELLANEOUS ASSETS
1 Amount due from (Loans & Adv.) to
Sub. Companies / affiliates - - - - -
2 Balance Dept. With P. Trust /
Customers - - - - -
3 Sundry Debtors Older than 6 - - - - -
Months
4 Other Loans & Advances - - - - -
5 Unquoted investments & non-trade
investments - - - - -
6 Non-consumable Stores & Spares - - - - -
7 Other miscellaneous Assets - - - - -
TOTAL MISCELLANEOUS ASSETS - - - - -

F) NET WORTH
1 Ord. Share Capital (Paid-up) - - - - -
2 Pref. Share Cap. (Maturing after 12
Years) - - - - -
3 General Reserves - - - - -
Specific Reserves - - - - -
Other Reserves - - - - -
Balance Profit 4.40 7.40 10.41 12.94 15.88
TOTAL NET WORTH 4.40 7.40 10.41 12.94 15.88

G INTANGIBLE ASSETS
)
1 Goodwill - - - - -
2 Adverse Profit & Loss A/c - - - - -
3 Other Intangible Assets - - - - -
TOTAL INTANGIBLE ASSETS - - - - -

H) TOTAL OUTSIDE LIABILITIES 12.39 12.78 14.16 13.18 10.82

(B+D)

I) TOTAL TANGIBLE ASSETS 16.76 20.13 24.49 26.03 26.58

i.e.(A+C+E)

J) Ratio of outside liabilities to Total 1.35 1.57 1.73 1.97 2.46

tangible assets i.e. H/I (Solvency)
K) Net Working Capital i.e. (A-B) 2.98 5.54 7.88 9.52 12.92
L) Ratio of Current Assets to Current 1.35 1.55 1.62 1.72 2.19
Liabilities i.e. A/B (S.T. Liquidity)
M) TANGIBLE Net Worth (Net worth 4.36 7.34 10.33 12.84 15.76
minus
intangible assets) i.e. (F-G)
N) Ratiooftangiblenetworth&longterm 1.56 2.22 3.03 3.87 5.54
liabilities(CapitalResources)toFixed
Asssets (D+M/C(L.T. Liquidity))
O Ratio of outside liabilities to tangible 2.84 1.74 1.37 1.03 0.69
) net worth i.e. H/M
P) PROFIT & LOSS ACCOUNT
1 i) Purchases Credit
ii) Purchases Cash
2 CostofProduction(Sales+ClosingSto 16.63 17.41 19.20 20.26 21.20
ck-
Gross Profit)
3 i) Sales Credit 32.15 34.82 37.49 40.16 42.84
ii) Sales Cash
4 Manufacturing Expenses 6.67 7.23 7.20 7.94 8.54
5 GROSS PROFIT 8.85 10.18 11.09 11.96 13.10

6 Administrative & Other Expenses 2.47 2.72 2.99 3.29 3.63

7 Selling & Distribution Expenses 0.54 0.59 0.65 0.72 0.80
8 Interest 0.97 0.87 0.75 0.62 0.48
9 Directors Fees - - -- - -
10 Bed Debts
11 Depreciation 0.87 0.74 0.63 0.54 0.46
12 PROFIT BEFORE TAXATION 3.99 5.25 6.06 6.78 7.73
13 Provision for Taxation - -- -- - -
14 NET PROFIT AFTER TAXATION 3.99 5.25 6.06 6.78 7.73
15 - - - -- -
Other Provision & Transfer to
Reserves
Q 12.38 15.05 16.13 16.86 18.02

Ratio of Profit before taxation (P12)

to
SalesP3(i)+P3(ii)i.e.=…(P12)...X…1
00..
(P(3(i))+(P(3(ii)
)
R Ratio of Net Profit P14 to tangible 0.91 0.71 0.58 0.53 0.49
net
worth (M) P14/M
S Ratio of Finished goods A4 (c) - - - - -
to a months sales
(P3(i)+P3(ii)/12) i.e.
A
4(c) X 12
P3(i)+P3(ii)
T Ratio of Book Debts (A3+E3) - - - - -
to a months credit Sales
(P3(i)/12)i.e.
(A3+E3)
(P3(i)/12)
U - - - - -
Ratio of Sundry Creditors (B5) to a
months credit purchases (P1(i)/12)
i.e.
B5
(P(i)/12)
V RatioofFixedAssets©toSale 0.14 0.21 0.28 0.32 0.37
s (P3(i)+P3(ii))i.e. C
P3(i)+P3(ii)
 SUMMARY

Year Year Year Year Year

LIABILITIES
1st 2nd 3rd 4th 5th
Current Liabilities 8.48 10.04 12.72 13.18 10.82
Long Term Liabilities 3.91 2.74 1.43 - -
Net Worth 4.39 7.40 10.40 12.94 15.88

Total 16.79 20.18 24.57 26.12 26.70

Year Year Year Year Year

ASSETS
1st 2nd 3rd 4th 5th
Current Assets 11.66 15.79 20.80 22.90 23.94
Misc. Assets - - - - -
Fixed Assets 5.13 4.39 3.76 3.22 2.76
Intangible Assets - - - - -
Total 16.79 20.18 24.57 26.12 26.70
 PROJECT REPORT
OF
SHRI MD ASHIK
ADDRESS :

VILL/PO.-NAI DANDI,PO.-BHISAUDI

NIYAMATABAD,DIST. –CHANDAULI

UP, PIN CODE-232101

PRODUCT/UNIT
MANUFACTURING & TRADING
OF
EMBROIDERY SAREE
ABOUT THE PROJECT:

The Project is being established for new business of Manufacturing & trading of Saree will
be financed in the name & style of SHRI MD ASHIK & He is owner of the business. Project
has been prepared on the current market basis, statistical data ,relevant documents &
quotations produced to us on the basis of assumption & presumption.

Project will be financed in term loan & working capital scheme.Unit will be managed &
supervised by the proprietor & experienced staff. The Place of business address is Vill/Post
Nai Dandi,Bhisaudi,Niyamatabad Dist.Chandauli

ABOUT THE PROMOTER:

SHRI MD ASHIK is owner of the business. He is resident of Vill/Post Nai

Dandi,Bhisaudi,Niyamatabad Dist.Chandauli.He has good behaviour, leadership quality
and confidently strong man. He has good ability to negotiate is critical to the success of any
business. He is enjoying good reputation in the market and is a dynamic business man. He
is well experienced and having good knowledge of several business skills.

INTRODUCTION

Saree is an Indian Traditional Dress. Saree is among the most demanded dress among
Indian women.It depicts Indian culture & is most demanded Indian wear.

MARKET POTENTIAL

The Project has good demand in the market. Saree being an Indian traditional dress enjoys
a good market share. Embroidery saree has very good potential in the domestic market as
well as in the export market.

POWER &FUEL

There is no problem of power due to 18 hours electric supply by the electricity department.
In case of Power cut there is also power back up through generator.

HUMAN RESOURCE MANAGEMENT

The Unit require skilled service persons. The unit can start from 7-8 employees initially &
increase to more depending on business volume. The skilled employee & helper required for
manufacturing process is easily available on salary.
 PROJECT REPORT FOR MANUFACTURING & TRADING OF
EMBROIDERY SAREE

1 NAME OF THE ENTERPISES : SHRI MD ASHIK

2 CONSTITUTION : PROPRIETORSHIP

3 PROPRIETOR NAME : SHRI MD ASHIK

4 UNIT ADDRESS Vill.Post-Nai Dandi,Bhisaudi,Niyamatabad

Dist.Chandauli

5 NAME OF THE PROJECT/ : SHRI MD ASHIK

BUSINESS ACTIVITY PROPOSED Manufacturing & trading of Embroidery
Saree

6 COST OF PROJECT : 10 Lacs

7 MEANS OF FINANCE : Own Fund

Term Loan
Cash Credit

8 CURRENT RATIO 1.37

9 PAY BACK PERIOD :

Cash Credit On Demand
Term Loan 05 YEAR/60 MONTH

10 BREAK EVEN POINT 62.06%

11 NO. OF EMPOLOYEES 8

12 NET PROFIT RATIO 12.43%

13 DEBT EQUITY RATIO 1.13

14 AVERAGE DEBT SERVICE COVERAGE 4.68

RATIO

15 ESTIMATED ANNUAL RECEIPT TURNOVER (AT 100%) 5358000

 SHRI MD ASHIK
Address at :Vill.Post-Nai Dandi,Bhisaudi,Niyamatabad
Dist.Chandauli
PROJECT COST AND MEANS OF FINANCE

S. No. PARTICULARS Rs.

I PROPOSED COST OF PROJECT

Plant & Machinery 5,35,000.00
Furniture & Fixture 65,000.00
Working Capital 4,00,000.00

10,00,000.00

II MEANS OF FINANCE

A) Promoter's Contribution 50,000.00

B) Bank Finance
i) Term Loan 5,70,000.00
ii) Working Capital 3,80,000.00

III TOTAL 10,00,000.00

 SHRI MD ASHIK
Address at :Vill.Post-Nai Dandi,Bhisaudi,Niyamatabad,Dist.Chandauli
Balance Sheet (Projected)

Estimated Projected Projected Projected Projected

Particulars
1 2 3 4 5
Liabilities
Capital 50,000.00 4,39,502.96 7,40,017.08 10,40,924.61 12,94,365.15
Add: Profit 3,99,502.96 5,25,514.12 6,05,907.52 6,78,440.55 7,73,191.18
4,49,502.96 9,65,017.08 13,45,924.61 17,19,365.15 20,67,556.33
Less: Drawings 10,000.00 2,25,000.00 3,05,000.00 4,25,000.00 4,80,000.00
4,39,502.96 7,40,017.08 10,40,924.61 12,94,365.15 15,87,556.33
Long Tern Liabilty
Term Loan 3,91,388.15 2,73,656.56 1,42,950.54 - -
Current Liabilty & Provision
Margin Subsidy Reserve A/c 3,50,000.00 3,50,000.00 3,50,000.00 3,50,000.00 3,50,000.00
Working Capital Loan 3,80,000.00 3,80,000.00 3,80,000.00 3,80,000.00 3,80,000.00
Term Loan Instal. Pyable within 12 month 1,06,045.06 1,17,731.59 1,30,706.02 1,42,950.55 -
Sundry Creditor for material & Expenses 12,500.00 1,56,840.00 4,12,000.00 4,45,000.00 3,52,000.00
Total Liabilites 16,79,436.17 20,18,245.23 24,56,581.17 26,12,315.70 26,69,556.33

Assets
Gross Fixed Asset 6,00,000.00 5,13,250.00 4,39,187.50 3,75,941.88 3,21,919.84
Less: Depreciation 86,750.00 74,062.50 63,245.63 54,022.03 46,155.65
Net Fixed Asset 5,13,250.00 4,39,187.50 3,75,941.88 3,21,919.84 2,75,764.19
Current Assets
Closing Stock 2,52,000.00 3,85,000.00 3,75,000.00 3,95,000.00 3,65,000.00
Receivables 3,08,000.00 5,54,000.00 7,61,000.00 7,85,000.00 8,05,000.00
Loans & Advances 77,600.00 70,540.00 2,27,700.00 2,72,600.00 2,78,000.00
Margin Subsidy Reserve A/c 3,50,000.00 3,50,000.00 3,50,000.00 3,50,000.00 3,50,000.00
Cash in bank/hand 1,78,586.17 2,19,517.73 3,66,939.29 4,87,795.85 5,95,792.14
Total Assets 16,79,436.17 20,18,245.23 24,56,581.17 26,12,315.69 26,69,556.33

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 : 15.10.2020
Place: Varanasi
 `

SHRI MD ASHIK
Address at :Vill.Post-Nai Dandi,Bhisaudi,Niyamatabad,Dist.Chandauli

Profit & Loss Statement (Projected)

Year
Particulars 1 2 3 4 5

Sale 32,15,000.00 34,82,000.00 37,49,000.00 40,16,000.00 42,84,000.00

Closing Stock of FG 2,52,000.00 3,85,000.00 3,75,000.00 3,95,000.00 3,65,000.00
.
Total 34,67,000.00 38,67,000.00 41,24,000.00 44,11,000.00 46,49,000.00

Opening Stock of FG 2,52,000.00 3,85,000.00 3,75,000.00 3,95,000.00

Cost of Raw material Consumed 19,15,500.00 18,74,000.00 19,10,000.00 20,46,000.00 20,90,000.00
Consumables 2,05,000.00 2,15,000.00 2,36,500.00 2,60,150.00 2,66,165.00
Wages 3,84,000.00 4,22,400.00 3,89,000.00 4,28,000.00 4,72,000.00
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 25,82,500.00 28,49,200.00 30,14,880.00 32,14,700.00 33,39,275.00

Gross Profit 8,84,500.00 10,17,800.00 11,09,120.00 11,96,300.00 13,09,725.00

Rent 1,44,000.00 1,58,400.00 1,74,560.00 1,92,500.00 2,12,000.00

Depreciation 86,750.00 74,062.50 63,245.63 54,022.03 46,155.65
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 39,900.00 39,900.00 39,900.00 39,900.00 39,900.00
Interest on Term Loan 57,347.04 47,223.38 35,536.85 22,562.42 8,158.17
Miscalleneous Expenses 25,000.00 27,500.00 30,250.00 33,275.00 36,600.00

Total 4,84,997.04 4,92,285.88 5,03,212.48 5,17,859.45 5,36,533.82

Net Profit 3,99,502.96 5,25,514.12 6,05,907.52 6,78,440.55 7,73,191.18

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 : 15.10.2020
Place: Varanasi
 TERM LOAN REPAYMENT SCHEDULE
Loan Amount 5,70,000.00
Repayment Period 60.00 Months
Rate of Interest 10.50% Yearly
Moratorium Period 3 months
Amount of Installment 12,772.37

REPAYMENT SCHEDULE & INTEREST CALCULATION OF LOAN

Month Opening Bal. Addition Installment Principal Interest Closing Bal.
1 - 5,70,000.00 4,987.50 - 4,987.50 5,70,000.00
2 5,70,000.00 - 4,987.50 4,987.50 5,70,000.00
3 5,70,000.00 4,987.50 4,987.50 5,70,000.00
4 5,70,000.00 12,772.37 7,784.87 4,987.50 5,62,215.13
5 5,62,215.13 12,772.37 7,852.99 4,919.38 5,54,362.14
6 5,54,362.14 12,772.37 7,921.70 4,850.67 5,46,440.44
7 5,46,440.44 12,772.37 7,991.02 4,781.35 5,38,449.42
8 5,38,449.42 12,772.37 8,060.94 4,711.43 5,30,388.49
9 5,30,388.49 12,772.37 8,131.47 4,640.90 5,22,257.02
10 5,22,257.02 12,772.37 8,202.62 4,569.75 5,14,054.40
11 5,14,054.40 12,772.37 8,274.39 4,497.98 5,05,780.00
12 5,05,780.00 12,772.37 8,346.79 4,425.58 4,97,433.21
13 4,97,433.21 12,772.37 8,419.83 4,352.54 4,89,013.38
14 4,89,013.38 12,772.37 8,493.50 4,278.87 4,80,519.87
15 4,80,519.87 12,772.37 8,567.82 4,204.55 4,71,952.05
16 4,71,952.05 12,772.37 8,642.79 4,129.58 4,63,309.26
17 4,63,309.26 12,772.37 8,718.41 4,053.96 4,54,590.85
18 4,54,590.85 12,772.37 8,794.70 3,977.67 4,45,796.15
19 4,45,796.15 12,772.37 8,871.65 3,900.72 4,36,924.50
20 4,36,924.50 12,772.37 8,949.28 3,823.09 4,27,975.22
21 4,27,975.22 12,772.37 9,027.59 3,744.78 4,18,947.63
22 4,18,947.63 12,772.37 9,106.58 3,665.79 4,09,841.05
23 4,09,841.05 12,772.37 9,186.26 3,586.11 4,00,654.79
24 4,00,654.79 12,772.37 9,266.64 3,505.73 3,91,388.15
25 3,91,388.15 12,772.37 9,347.72 3,424.65 3,82,040.42
26 3,82,040.42 12,772.37 9,429.52 3,342.85 3,72,610.91
27 3,72,610.91 12,772.37 9,512.02 3,260.35 3,63,098.88
28 3,63,098.88 12,772.37 9,595.25 3,177.12 3,53,503.63
29 3,53,503.63 12,772.37 9,679.21 3,093.16 3,43,824.42
30 3,43,824.42 12,772.37 9,763.91 3,008.46 3,34,060.51
31 3,34,060.51 12,772.37 9,849.34 2,923.03 3,24,211.17
32 3,24,211.17 12,772.37 9,935.52 2,836.85 3,14,275.65
33 3,14,275.65 12,772.37 10,022.46 2,749.91 3,04,253.19
34 3,04,253.19 12,772.37 10,110.15 2,662.22 2,94,143.03
35 2,94,143.03 12,772.37 10,198.62 2,573.75 2,83,944.42
36 2,83,944.42 12,772.37 10,287.86 2,484.51 2,73,656.56
37 2,73,656.56 12,772.37 10,377.88 2,394.49 2,63,278.68
38 2,63,278.68 12,772.37 10,468.68 2,303.69 2,52,810.00
39 2,52,810.00 12,772.37 10,560.28 2,212.09 2,42,249.72
40 2,42,249.72 12,772.37 10,652.68 2,119.69 2,31,597.04
41 2,31,597.04 12,772.37 10,745.90 2,026.47 2,20,851.14
42 2,20,851.14 12,772.37 10,839.92 1,932.45 2,10,011.22
43 2,10,011.22 12,772.37 10,934.77 1,837.60 1,99,076.45
44 1,99,076.45 12,772.37 11,030.45 1,741.92 1,88,045.99
45 1,88,045.99 12,772.37 11,126.97 1,645.40 1,76,919.03
46 1,76,919.03 12,772.37 11,224.33 1,548.04 1,65,694.70
47 1,65,694.70 12,772.37 11,322.54 1,449.83 1,54,372.16
48 1,54,372.16 12,772.37 11,421.61 1,350.76 1,42,950.54
49 1,42,950.54 12,772.37 11,521.55 1,250.82 1,31,428.99
50 1,31,428.99 12,772.37 11,622.37 1,150.00 1,19,806.62
51 1,19,806.62 12,772.37 11,724.06 1,048.31 1,08,082.56
52 1,08,082.56 12,772.37 11,826.65 945.72 96,255.91
53 96,255.91 12,772.37 11,930.13 842.24 84,325.78
54 84,325.78 12,772.37 12,034.52 737.85 72,291.26
55 72,291.26 12,772.37 12,139.82 632.55 60,151.44
56 60,151.44 12,772.37 12,246.04 526.33 47,905.40
57 47,905.40 12,772.37 12,353.20 419.17 35,552.20
58 35,552.20 12,772.37 12,461.29 311.08 23,090.91
59 23,090.91 12,772.37 12,570.32 202.05 10,520.59
60 10,520.59 12,772.37 10,520.59 92.06 -0.00
SCHEDULE OF LOAN REPAYMENT

Repayment of Loan is worked out as under:

Particular 1 2 3 4 5

Opening Balance 5,70,000.00 4,97,433.21 3,91,388.15 2,73,656.56 1,42,950.54

Repayment 72,566.79 1,06,045.06 1,17,731.59 1,30,706.02 1,42,950.55
Closing Balance 4,97,433.21 3,91,388.15 2,73,656.56 1,42,950.54 -0.00

WORKING CAPITAL LOAN

YEAR OPENING BALANCE CLOSING BALANCE INTEREST @ 10.50%

1 3,80,000.00 3,80,000.00 39,900.00

2 3,80,000.00 3,80,000.00 39,900.00
3 3,80,000.00 3,80,000.00 39,900.00
4 3,80,000.00 3,80,000.00 39,900.00
5 3,80,000.00 3,80,000.00 39,900.00
 STATEMENT SHOWING DEPRECIATION ON FIXED ASSET

PARTICULARS RATE 1 2 3 4 5
OF
DEP.

Plant & Machinery 15%

Opening Balance - 4,54,750.00 3,86,537.50 3,28,556.88 2,79,273.34
Addition 5,35,000.00 - - - -
Depreciation 80,250.00 68,212.50 57,980.63 49,283.53 41,891.00

Closing Balance 4,54,750.00 3,86,537.50 3,28,556.88 2,79,273.34 2,37,382.34

Furniture & Fixture 10%

Opening Balance - 58,500.00 52,650.00 47,385.00 42,646.50
Addition 65,000.00 - - - -
Depreciation 6,500.00 5,850.00 5,265.00 4,738.50 4,264.65

58,500.00 52,650.00 47,385.00 42,646.50 38,381.85

Closing Balance 5,13,250.00 4,39,187.50 3,75,941.88 3,21,919.84 2,75,764.19
BREAK EVENT POINT AND RATIO ANALYSIS

PARTICULARS 1 2 3 4 5
Fixed Cost 2,41,247.04 2,45,523.38 2,49,996.85 2,54,962.42 2,60,058.17
Variable Cost 28,26,250.00 30,95,962.50 32,68,095.63 34,77,597.03 36,15,750.65
Total Cost 30,67,497.04 33,41,485.88 35,18,092.48 37,32,559.45 38,75,808.82
Gross receipt 32,15,000.00 34,82,000.00 37,49,000.00 40,16,000.00 42,84,000.00
Contribution (GR-VC) 3,88,750.00 3,86,037.50 4,80,904.38 5,38,402.97 6,68,249.35
BEP in % 62.06% 63.60% 51.98% 47.36% 38.92%
Inventory 2,52,000.00 3,85,000.00 3,75,000.00 3,95,000.00 3,65,000.00
Inventory Holding Period(in days) 29.99 42.05 38.91 38.63 34.37
Debt Equity Ratio 1.13 0.53 0.26 0.11 -
Gross Profit Ratio(In %) 27.51% 29.23% 29.58% 29.79% 30.57%
Net Profit Ratio(In %) 12.43% 15.09% 16.16% 16.89% 18.05%
Current Ratio 1.37 1.57 1.63 1.74 2.21
 CALCULATION OF DEBT SERVICE COVERAGE RATIO

Particulars 1 2 3.00 4 5

Cash Accrual 4,86,252.96 5,99,576.62 6,69,153.15 7,32,462.58 8,19,346.83

Interest on Tern Loan 57,347.04 47,223.38 35,536.85 22,562.42 8,158.17

Total (A) 5,43,600.00 6,46,800.00 7,04,690.00 7,55,025.00 8,27,505.00

Repayment
Interest on Term Loan 57,347.04 47,223.38 35,536.85 22,562.42 8,158.17
Princpal Amount 72,566.79 1,06,045.06 1,17,731.59 1,30,706.02 1,42,950.55

Total (B) 1,29,913.83 1,53,268.44 1,53,268.44 1,53,268.44 1,51,108.72

DSCR (A/B) 4.18 4.22 4.60 4.93 5.48

Avg DSCR 4.68
Capacity Utilisation of Sales

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

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

Sales/Gross Receipt 32,15,000.00 34,82,000.00 37,49,000.00 40,16,000.00 42,84,000.00

WAGES
Particulars No. of Worker Wages Per Month Amount(Rs)
Wages 8 4000 3,84,000.00
 ASSESSMENT OF WORKING CAPITAL FUND
COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL

PBF As Per NCR Method 1

(i) Accepted Sales 32,15,000.00

(ii) Less: 25% of (i) 8,03,750.00
(iii) 5% of (i) 1,60,750.00
(iv) NWC 3,17,641.11
(v) PBF (ii-iii) 6,43,000.00
or ( ii-iv) 4,86,108.89
Whichever is less 4,86,108.89