PROJECT REPORT (CASH CREDIT)

OF

SIDDHANTA KUMAR HOTA

PARMANPUR
DIST: SAMBALPUR,ODISHA
 PROJECT AT A GLANCE

1 Name of the project : Proposal for cash credit

2 Location of the Project : Parmanpur

P.O- Sambalpur
Dist : Sambalpur,768200

3 Provisional Registration No. : Not Required

4 Name of the Proprietor : Siddhanta kumar hota

Parmanpur
P.O- Sambalpur
Dist : Sambalpur

5 Legal Constitution of the unit : Individual

6 Type of Industry : Manufacturer of bread and backery items

7 Capacity Utilisation ( Yearwise ) : Not Applicable

Rs.in 000'
8 COST OF THE PROJECT : Fixed Capital : -
Working Capital Requirment : 350.0
Total : 350.0

9 MEANS OF FINANCE
9.1 Margin Money : Promoter's Contribution : -

9.2 Bank Loan : Cash Credit 350.0

Total : 350.0

10 Type of Entrepreneur : General Entrepreneur

11 Working Hours : 8 Hours

25 working days per month

: 300 working days per year
Rs.in 000'
12 BANK EXPOSURE Term Loan -
Cash Credit 350.0
350.0
 SIDDHANTA KUMAR HOTA
PARMANPUR, SAMBALPUR, ODISHA,768200

COMPARATIVE BALANCE SHEET

Amount In Rs.
PARTICULARS 2021-22 2022-23 2023-24 2024-25
Actual Estimated Projected Projected
A. LIABILITIES

CAPITAL : 1,450,000.00 1,680,490.00 1,940,490.00 2,220,490.00

Add Net profit 410,490.00 460,000.00 510,000.00 560,000.00
Add: Interest & Other Income - - - -
1,860,490.00 2,140,490.00 2,450,490.00 2,780,490.00
Less: Drawing 180,000.00 200,000.00 230,000.00 250,000.00

1,680,490.00 1,940,490.00 2,220,490.00 2,530,490.00

Term Loan
TermLoan from Hero Finance 427,472.00 364,558.00 282,997.00
TermLoan from Hero Finance 486,298.00 421,708.00 340,973.00 240,054.00
Term Loan form Kotak Bank 224,629.00 140,480.00 30,703.00

CURRENT LIABILITIES
Sundry Creditors & Payables 183,000.00 118,000.00 94,000.00 120,000.00
Cash Credit 350,000.00 350,000.00 350,000.00

TOTAL ( A ) 2,349,788.00 3,482,299.00 3,510,501.00 3,554,244.00

B. ASSETS

FIXED ASSETS (Refer Schedule) 1,570,727.50 1,985,443.38 1,699,169.37 1,454,682.21

INVESTMENTS
Other Non Investment 250,000.00 250,000.00 250,000.00

CURRENT ASSETS
1. Closing Stock (including Pkg Material) 250,000.00 450,000.00 470,000.00 500,000.00

2. Sundry Debtors & receivables 195,000.00 375,000.00 420,000.00 500,000.00

3. Loans & Advances 220,000.00 280,000.00 380,000.00 400,000.00

4. Cash & Bank Bal. 114,060.50 141,855.63 291,331.63 449,561.79

Total ( B ) 2,349,788.00 3,482,299.00 3,510,501.00 3,554,244.00

- - -
 SIDDHANTA KUMAR HOTA
PARMANPUR, SAMBALPUR, ODISHA,768200

COMPARATIVE PROFIT & LOSS ACCOUNT

Amount In Rs.
PARTICULARS 2021-22 2022-23 2023-24 2024-25
Actual Estimated Projected Projected

GROSS SALE 3,000,000.00 3,300,000.00 3,630,000.00 3,993,000.00

COST OF GOODS SOLD ( 2 )

Opening Stock of Inventory 150,000.00 250,000.00 450,000.00 470,000.00

Add : Purchases of Raw materials 1,636,138.50 1,639,358.88 1,698,925.81 2,035,583.55

Total 1,786,138.50 1,889,358.88 2,148,925.81 2,505,583.55

Less : Closing Stock of Inventory 250,000.00 450,000.00 470,000.00 500,000.00

Cost of Goods Sold ( 2 ) 1,536,138.50 1,439,358.88 1,678,925.81 2,005,583.55

GROSS PROFIT ( 1 - 2 ) 1,463,861.50 1,860,641.13 1,951,074.19 1,987,416.45

Add : Other Income ( 3 )

TOTAL INCOME ( 4 ) 1,463,861.50 1,860,641.13 1,951,074.19 1,987,416.45

Sales & Admn. Expenses ( 5 )

To Staff salary 475,000.00 522,000.00 575,000.00 630,000.00
To Electricity 10,200.00 11,016.00 11,897.28 12,849.06
To Telephone & Internet 5,400.00 5,832.00 6,298.56 6,802.44
To Printing & Stationeries 6,600.00 7,062.00 7,556.34 8,085.28
To Rent 60,000.00 60,000.00 60,000.00 72,000.00
To Fuel Expenses 108,000.00 113,400.00 119,070.00 125,023.50
To Depreciation 260,422.50 335,284.13 286,274.01 244,487.16
To Legal expenses 5,000.00 5,000.00 7,000.00 7,000.00
To Insurance Charges 10,000.00 12,000.00 13,000.00 14,000.00
To General expenses 32,580.00 36,250.00 40,200.00 45,000.00
To Packing Material 18,620.00 22,000.00 25,000.00 28,000.00
To Bank Charges 9,000.00 6,500.00 6,780.00 7,000.00
To Loss on Damage 15,000.00 20,000.00 23,000.00 25,000.00
To NewsPaper 820.00 850.00 900.00 920.00

1,016,642.50 1,157,194.13 1,181,976.19 1,226,167.45

P B I T ( 4 - 5) 447,219.00 703,447.00 769,098.00 761,249.00

Less :Bank Interest ( 7 )

Interest on term Loan 36,729.00 234,697.00 224,098.00 166,249.00
Cash Credit 8,750.00 35,000.00 35,000.00

- - 36,729.00 243,447.00 259,098.00 201,249.00

NET PROFIT /PAT ( 8 ) 410,490.00 460,000.00 510,000.00 560,000.00

CASH ACCRUAL(9) 670,912.50 795,284.13 796,274.01 804,487.16

 SIDDHANTA KUMAR HOTA
PARMANPUR, SAMBALPUR, ODISHA,768200
RATIO ANALAYSIS
Amount In Rs.
PARTICULARS 2021-22 2022-23 2023-24 2024-25
Actual Estimated Projected Projected

SALES 3,000,000.00 3,300,000.00 3,630,000.00 3,993,000.00

COST OF GOODS SOLD 1,536,138.50 1,439,358.88 1,678,925.81 2,005,583.55

GROSS PROFIT 1,463,861.50 1,860,641.13 1,951,074.19 1,987,416.45

NET PROFIT/PROFIT AFTER TAX 410,490.00 460,000.00 510,000.00 560,000.00

TANGIBLE NET WORTH ( TNW ) 1,680,490.00 1,940,490.00 2,220,490.00 2,530,490.00

TERM LIABILITIES 669,298.00 1,541,809.00 1,290,011.00 1,023,754.00

NET BLOCK 1,570,727.50 1,985,443.38 1,699,169.37 1,454,682.21

AVERAGE INVENTORY 200,000.00 350,000.00 460,000.00 485,000.00

SUNDRY DEBTORS & RECEIVABLES 195,000.00 375,000.00 420,000.00 500,000.00

SUNDRY CREDITORS & PAYABLES 183,000.00 118,000.00 94,000.00 120,000.00

TOTAL CURRENT ASSETS 779,060.50 1,246,855.63 1,561,331.63 1,849,561.79

TOTAL CURRENT LIABILITIES 183,000.00 468,000.00 444,000.00 470,000.00

NET WORKING CAPITAL ( NWC ) 596,060.50 778,855.63 1,117,331.63 1,379,561.79

GROSS PROFIT RATIO 49% 56% 54% 50%

NET PROFIT RATIO 14% 14% 14% 14%

STOCK TURNOVER RATIO 6.14 3.20 3.57 4.01

CURRENT RATIO 4.26 2.66 3.52 3.94

DEBT EQUITY RATIO 0.29 0.55 0.38 0.22

INTEREST SERVICE COVERAGE RATIO 19.3 4.3 4.1 5.0

TOL/TNW 0.40 0.79 0.58 0.40

 SIDDHANTA KUMAR HOTA
PARMANPUR, SAMBALPUR, ODISHA,768200

FIXED ASSETS / DEPRECIATION

PARTICULARS 0% 10% 15% TOTAL

2021-22
1. Furniture 35,000 35,000
2. Plant & Machinery 1,546,150 1,546,150
3. Others 250,000 250,000
-
TOTAL : 0 285,000 1,546,150 1,831,150

2021-22
OP. BAL. 0 285,000 1,546,150 1,831,150
Depriciation : 0 28,500 231,923 260,423

2022-23
OP. BAL. 0 256,500 1,314,228 1,570,728
Add: Plant & Machinery 750,000 750,000
Depriciation : 0 25,650 309,634 335,284

2023-24
OP. BAL. 0 230,850 1,754,593 1,985,443
Depriciation : 0 23,085 263,189 286,274

2024-25
OP. BAL. 0 207,765 1,491,404 1,699,169
Depriciation : 0 20,777 223,711 244,487
2025-26
OP. BAL. 0 186,989 1,267,694 1,454,682
Depriciation : 0 18,699 190,154 208,853
 FORM II - OPERATING STATEMENT
Name: SIDDHANTA KUMAR HOTA

Amounts in Rs.000'
2021-22 2022-23 2023-24 2024-25
Financial Year ended / ending Actual Estimated Projected Projected

1. Gross Sales
i. Domestic Sales 3,000.00 3,300.00 3,630.00 3,993.00
ii. Credit Note & Incentive - - - -
Total 3,000.00 3,300.00 3,630.00 3,993.00
2. Less Excise Duty
3. Net Sales (1 - 2) 3,000.00 3,300.00 3,630.00 3,993.00
4. % age rise (+) or fall (-) in net sales
as compared to previous year (annualised ) 10% 10% 10%
5. Cost of Sales
i.

1,636.14 1,639.36 1,698.93 2,035.58

a. Imported
b. Indigenous-Purchase 1,636.14 1,639.36 1,698.93 2,035.58
ii. Other Spares - - - -
a. Imported - - - -
b. Indigenous - - - -
iii. Direct Expenses - -
iv. Direct Labour (Factory wages & salaries) - -
v. Carriage Inwards
vi. Depreciation 260.42 335.28 286.27 244.49
vii. Sub-total (i to vi) 1,896.56 1,974.64 1,985.20 2,280.07

viii. Add: Opening Stock-in-process - - - -

Sub-total (vii + viii) 1,896.56 1,974.64 1,985.20 2,280.07
ix. Deduct: Closing Stock-in-process -
x. Cost of Production 1,896.56 1,974.64 1,985.20 2,280.07
xi. Add: Opening Stock of finished goods 150.00 250.00 450.00 470.00
Sub-total (x + xi) 2,046.56 2,224.64 2,435.20 2,750.07
xii. Deduct: Closing Stock of finished goods 250.00 450.00 470.00 500.00
xiii. Sub-total (Total Cost of Sales) 1,796.56 1,774.64 1,965.20 2,250.07

6. Selling, general and administrative expenses 756.22 821.91 895.70 981.68

7. Sub-total (5 + 6) 2,552.78 2,596.55 2,860.90 3,231.75
8. Operating Profit before Interest (3 - 7) 447.22 703.45 769.10 761.25
9. Interest 36.73 243.45 259.10 201.25

10. Operating Profit after Interest (8 - 9) 410.49 460.00 510.00 560.00

11. i. Add: Other non-operating Income
a. Sale of Fixed Assets
b. Others
c. Commission
d. Interest - - - -
Sub-total (Income) - - - -
ii. Deduct: Other non-operating expenses - - - -
a. Miscellaneous Expenses
b.
c.
d.
Sub-total (Expenses) - - - -
iii. Net of other non-operating income /
expenses [net of 11(i) & 11(ii)] - - - -
12. Profit before tax/loss [10 + 11(iii)] 410.49 460.00 510.00 560.00
13. a) Provision for taxes - -
b) Deferred for Tax Liability(-) Assets(+)
14. Net Profit / Loss (12 -13) 410.49 460.00 510.00 560.00
15. a. Equity dividend paid-amount
(Already paid + B.S. provision)
b. Dividend Rate (% age)
c. Other Appropriations
16. Retained Profit (14 - 15) 410.49 460.00 510.00 560.00
17. Retained Profit / Net Profit (% age)
CASH ACCRUAL 670.91 795.28 796.27 804.49
 FORM III - ANALYSIS OF BALANCE SHEET
LIABILITIES
Amounts in Rs.000'
Name: SIDDHANTA KUMAR HOTA

2021-22 2022-23 2023-24 2024-25

Actual Estimated Projected Projected

CURRENT LIABILITIES
1. Short-term borrowing from banks (including
bills purchased, discounted & excess
borrowing placed on repayment basis)
i. CENTRAL BANK , sambalpur - 350.00 350.00 350.00
ii. Others
iii. (of which BP & BD)
Sub-total [i + ii] (A) - 350.00 350.00 350.00
2. Short term borrowings from others
3. Sundry Creditors (Trade) 183.00 118.00 94.00 120.00
4. Advance payments from customers /
deposits from dealers
5. Provision for taxation
6. Dividend payable
7. Other statutory liabilities (due within 1 year)
8. Deposits / instalments of term loans /
DPGs / debentures etc. (due within 1 year)
9. Other current liabilities & provisions
(due within 1 year) - specify major items - - - -
a. Other Outstanding Liabilities payable - -
b. Other Liabilities
c.
d.
Sub total [2 to 9] (B) 183.00 118.00 94.00 120.00
10. Total current liabilities [A + B] 183.00 468.00 444.00 470.00

TERM LIABILITIES
11. Debentures (not maturing within 1 year)
12. Preference Shares (redeemable after 1 year)
13. Term loans (excluding instalments
payable within 1 year) 486.30 1,073.81 846.01 553.75
14. Deferred Payment Credits (excluding
instalments due within 1 year)
15. Unsecued Loans
16. Other term liabilities
17. Total Term Liabilities [11 to 16] 486.30 1,073.81 846.01 553.75
18. Total Outside Liabilities [10 + 17] 669.30 1,541.81 1,290.01 1,023.75

NET WORTH
19. Ordinary Share Capital 1,270.00 1,480.49 1,710.49 1,970.49
20. Subsidy-from Ministry of Food Processing
21. Revaluation Reserve
22. Other Reserves (excluding Provisions) 410.49 460.00 510.00 560.00
23. Surplus (+) or deficit (-) in Profit & Loss a/c - - - -
23. a. Share Application money
b. Share Premium Account
c. Deferred Tax Liability A/c
d. Others
e. Set off
24. Net Worth 1,680.49 1,940.49 2,220.49 2,530.49

25. TOTAL LIABILITIES [18 + 24] 2,349.79 3,482.30 3,510.50 3,554.24

 FORM III - ANALYSIS OF BALANCE SHEET (Continued)
ASSETS

Name: SIDDHANTA KUMAR HOTA

2021-22 2022-23 2023-24 2024-25

Actual Estimated Projected Projected

CURRENT ASSETS
26. Cash and Bank Balances 114.06 141.86 291.33 449.56
27. Investments (other than long term) - - - -
i. Govt. and other trustee securities -
ii. Fixed Deposits with banks
28. i. Receivables other than deferred &
exports (incldg. bills purchased and
discounted by banks) 195.00 375.00 420.00 500.00
ii. Export receivables (incldg. bills
purchased/discounted by banks)
29. Instalments of deferred receivables
(due within 1 year)
30. Inventory: 250.00 450.00 470.00 500.00
i. Raw materials (including stores and
other items used in the process of
manufacture) - - - -
a. Imported
b. Indigenous
ii. Stocks-in-process - - - -
iii. Finished goods 250.00 450.00 470.00 500.00
iv. Other consumable spares - - - -
a. Imported
b. Indigenous
31. Advances to suppliers of raw materials 220.00 280.00 380.00 400.00
and stores/spares - -
32. Advance payment of taxes - -
33. Other current assets (specify major items) - - - -
a.
b.
34. Total Current Assets (26 to 33) 779.06 1,246.86 1,561.33 1,849.56

FIXED ASSETS
35. Gross Block (land, building, machinery,
work-in-progress) 1,831.15 2,581.15 2,581.15 2,581.15
36. Depreciation to date 260.42 595.71 881.98 1,126.47
37. Net Block (35 - 36) 1,570.73 1,985.44 1,699.17 1,454.68

OTHER NON-CURRENT ASSETS

38. Investments/book debts/advances/deposits
which are not current assets - - - -
i. a. Investments in subsidiary
companies / affiliates - - - -
b. Others-Fixed Deposits-investments - 250.00 250.00 250.00
ii. Advances to suppliers of capital goods
and contractors
iii. Deferred receivables (maturity
exceeding 1 year)
iv. Others - - - -
a. Security Deposit - -
b. Sales Tax under Appeal
c. Tax Deducted at Source
d. Others
39. Non-consumable stores and spares( round off)
40. Other non-current assets including
dues from directors
41. Total Other Non-current Assets (38 to 40) - 250.00 250.00 250.00

42. Intangible Assets (patents, good will,

prelim.expenses, bad / doubtful debts not
provided for, etc.
43. Total Assets (34+37+41+42) 2,349.79 3,482.30 3,510.50 3,554.24
44. Tangible Net Worth (24 - 42) 1,680.49 1,940.49 2,220.49 2,530.49
45. Net Working Capital (34 - 10) 596.06 778.86 1,117.33 1,379.56
- - - -
46. Current Ratio (34 / 10) 4.26 2.66 3.52 3.94
47. Total OUTSIDE Liabilities / Tangible
Net Worth (18 / 44) 0.40 0.79 0.58 0.40
48. Total TERM Liabilities / Tangible
Net Worth (17 / 44) 0.29 0.55 0.38 0.22

RATIOS NET OF REVALUATION

RESERVES
49. TANGIBLE NET WORTH (24-21-42) 1,680.49 1,940.49 2,220.49 2,530.49
50. TOTAL OUTSIDE LIAB/TNW 0.40 0.79 0.58 0.40
51. TOTAL TERM LIAB/TNW 0.29 0.55 0.38 0.22