HOTEL TOWN PALACE

PROP.HANMANT MALLAPPA BIRADAR

PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101

A. PROJECT COST AND MEANS OF FINANCE

PROJECT COST RS.

1 CAPITAL EXPENDITURE 3,100,000

2 REVENUE EXPENDITURE 300,000

Total cost 3,400,000

MEANS OF FINANCE

1 Equity (Promoters Contribution) 600,000

2 Solar Plantation Loan 2,800,000

Total Means 3,400,000

DEBT EQUITY RATIO 5

Date: 12-12-2024 Complied as per Information Given

Place: VIJAYAPURA For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881
 HOTEL TOWN PALACE
PROP.HANMANT MALLAPPA BIRADAR
PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101

B. PROJECTED COST OF PRODUCTION AND PROFITABLITY STATEMENT

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH
INCOME :
Revenue
Revenue Hotel and Restaurent
business 63,827,385 76,592,862 84,252,148 92,677,362 101,945,099 112,139,609 123,353,569 135,688,926
TOTAL 63,827,385 76,592,862 84,252,148 92,677,362 101,945,099 112,139,609 123,353,569 135,688,926
% of Revenue incrased compared
toPrevious year 10 10 10 10 10 10 10
Cost:
Food and Hotel materials 55,216,645 66,259,974 72,885,972 80,174,569 88,192,026 97,011,228 106,712,351 117,383,586
Other Direct Cost 112,644 123,908 136,299 149,929 164,922 181,414 199,556 219,511
Transportation Expense 84,304 101,165 111,281 122,410 134,650 148,116 162,927 179,220
Other Expenses 112,804 135,365 148,901 163,792 180,171 198,188 218,007 239,807
Depreciation 310,000 279,000 251,100 225,990 203,391 183,052 164,747 148,272
Maintenance Expenses 816,644 979,973 1,077,970 1,185,767 1,304,344 1,434,778 1,578,256 1,736,082
Salary to Staff 1,012,647 1,215,177 1,336,694 1,470,364 1,617,400 1,779,140 1,957,054 2,152,759
Water Expenses 88,709 106,451 117,096 128,806 141,686 155,855 171,440 188,584
Electricity Expenses 415,602 498,722 548,595 603,454 663,800 730,180 803,198 883,517
Total Cost 58,169,999 69,699,735 76,613,909 84,225,079 92,602,389 101,821,950 111,967,535 123,131,339

Profit Before Interest 5,657,386 6,893,126 7,638,239 8,452,283 9,342,709 10,317,658 11,386,035 12,557,587
Interest on Borrowings 241,763 225,626 185,535 145,050 105,050 66,831 25,050 274

Operating Profit before Tax 5,415,623 6,667,501 7,452,704 8,307,233 9,237,659 10,250,827 11,360,984 12,557,313

Less : Provision for Taxation@ 30% 1,624,687 2,000,250 2,235,811 2,492,170 2,771,298 3,075,248 3,408,295 3,767,194

Net Profit c/f 3,790,936 4,667,251 5,216,893 5,815,063 6,466,361 7,175,579 7,952,689 8,790,119

Date: 12-12-2024 Complied as per Information Given

Place: VIJAYAPURA For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881
 HOTEL TOWN PALACE
PROP.HANMANT MALLAPPA BIRADAR
PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101

C. PROJECTED BALANCE SHEET

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH
FIXED ASSETS :
Opening Balance 56,332,769 56,022,770 55,743,770 55,492,670 55,266,680 55,063,289 54,880,237 54,715,490
Less: Depreciation 310,000 279,000 251,100 225,990 203,391 183,052 164,747 148,272

NET BLOCK 56,022,769 55,743,770 55,492,670 55,266,680 55,063,289 54,880,237 54,715,490 54,567,218
CURRENT ASSETS:

Closing Stock 1,131,546 1,493,641 1,643,005 1,807,305 1,988,036 2,186,839 2,405,523 2,646,076
Sundry debtors 360,656 476,066 523,673 576,040 633,644 697,008 766,709 843,380
Other Current Assets 4,255,742 5,617,579 6,179,337 6,797,271 7,476,998 8,224,698 9,047,168 9,951,885
Bank Balance 300,366 396,483 436,131 479,745 527,719 580,491 638,540 702,394
Cash in Hand 13,907,986 18,358,542 20,194,396 22,213,835 24,435,219 26,878,741 29,566,615 32,523,276
Total 19,956,296 26,342,311 28,976,542 31,874,196 35,061,616 38,567,777 42,424,555 46,667,010

TOTAL ASSETS 75,979,065 82,086,081 84,469,212 87,140,876 90,124,905 93,448,014 97,140,045 101,234,229
CURRENT LIABILITIES :
Sundry Creditors 2,306,051 2,767,261 3,043,987 3,348,386 3,683,225 4,051,547 4,456,702 4,902,372

Total Current Liabilities 2,306,051 2,767,261 3,043,987 3,348,386 3,683,225 4,051,547 4,456,702 4,902,372

NET WORKING CAPITAL 17,650,245 23,575,050 25,932,554 28,525,810 31,378,391 34,516,230 37,967,853 41,764,638

NET TANGIBLE ASSETS 73,673,014 79,318,820 81,425,224 83,792,490 86,441,680 89,396,467 92,683,343 96,331,857

LONG TERM LIABILITIES :

Bank Loan 2,766,667 2,033,333 1,633,333 1,233,333 833,334 433,334 33,334 -
Secured and Unsecured
Loan 1,952,600 1,952,600 1,952,600 1,952,600 1,952,600 1,952,600 1,952,600 1,952,600
Total Long term liabilities
(TOL) 4,719,267 3,985,933 3,585,933 3,185,933 2,785,934 2,385,934 1,985,934 1,952,600

PROMOTER CAPITAL 68,953,747 75,332,886 77,839,291 80,606,556 83,655,746 87,010,534 90,697,410 94,379,257
(Total Net Worth)
TOTAL LIABILITIES 75,979,065 82,086,081 84,469,212 87,140,876 90,124,905 93,448,014 97,140,045 101,234,229
TOL/TNW 0.04 0.03 0.02 0.02 0.01 0.00 0.00 -
Avg TOL/TNM 0.01
0

Date: 12-12-2024 Complied as per Information Given

Place: VIJAYAPURA For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881
 HOTEL TOWN PALACE
PROP.HANMANT MALLAPPA BIRADAR
PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101
D. Calculation of NPV, BCR & IRR
Years 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Loan from Bank 2,800,000 - - - - - - -
Net Profit after Tax 3,790,936 4,667,251 5,216,893 5,815,063 6,466,361 7,175,579 7,952,689 8,790,119
Depreciation 310,000 279,000 251,100 225,990 203,391 183,052 164,747 148,272
Total Benefits 6,900,936 4,946,251 5,467,993 6,041,053 6,669,752 7,358,631 8,117,436 8,938,391

Repayment of Basaveshwar Bank Loans 366,667 400,000 400,000 400,000 400,000 400,000 400,000 33,333
Repayment of Basaveshwar bank Loan Interest 241,763 225,626 185,535 145,050 105,050 66,831 25,050 274
Total Cost 608,429 625,626 585,535 545,050 505,050 466,831 425,050 33,607
Net Benefit 6,292,507 4,320,625 4,882,458 5,496,003 6,164,702 6,891,800 7,692,386 8,904,784
Discounting Factor @ 15% 0.8696 0.7561 0.6575 0.5718 0.4972 0.4972 0.4972 0.4323
Discounted Cash Flow 5,471,964 3,266,825 3,210,216 3,142,614 3,065,090 3,426,603 3,824,654 3,849,538
NPV (Net Present Value) @15% 29,257,504
Discounting Factor @ 10% 0.9090 0.8264 0.7513 0.6830 0.6209 0.6209 0.6209 0.5645
Discounted Cash Flow 5,719,889 3,570,565 3,668,190 3,753,770 3,827,664 4,279,119 4,776,202 5,026,751
NPV (Net Present Value) @ 10% 34,622,148
BCR (Benefit Cost Ratio) 1.00
IRR (Internal Rate of Return) 10.32
Date: 12-12-2024 Complied as per Information Given
Place: Vijayapura For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881
 HOTEL TOWN PALACE
PROP.HANMANT MALLAPPA BIRADAR
PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101

E. DEPRECIATION SCHEDULE
2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33
Sl. Opening Closing Closing Closing Closing Closing Closing Closing Closing Closing
Description
No of Assets Rate W .D. V Aditions Total Depr W.D.V Dep W.D.V Dep W.D.V Dep W.D.V Dep W.D.V Dep W.D.V Dep W.D.V Dep W.D.V Dep W.D.V
of Dep

Furniture
1 and Fictures 10% 3,100,000 3,100,000 310,000 2,790,000 279,000 2,511,000 251,100 2,259,900 225,990 2,033,910 203,391 1,830,519 183,052 1,647,467 164,747 1,482,720 148,272 1,334,448 133,445 1,201,004
2 Assets 53,232,770 53,232,770 - 53,232,770 53,232,770 53,232,770 - 53,232,770 53,232,770 53,232,770 53,232,770 53,232,770 53,232,770

Total - 56,332,770 56,332,770 310,000 56,022,770 279,000 55,743,770 251,100 55,492,670 225,990 55,266,680 203,391 55,063,289 183,052 54,880,237 164,747 54,715,490 148,272 54,567,218 133,445 54,433,774

Date: 12-12-2024 Complied as per Information Given

Place: VIJAYAPURA For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881
 HOTEL TOWN PALACE
PROP.HANMANT MALLAPPA BIRADAR
PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101
F.INTEREST AND REPAYMENT SCHEDULE
Rate of Interest = 10 Principle 33,333.33
Outstanding Outstanding
Month Interest Principle Installment Bal Month Interest Principle Installment Bal
2024-25 2,800,000 2025-26
1 23,781 33,333 57,114.15 2,766,667 12 20,000 33,333 53,333.33 2,400,000
2 22,740 33,333 56,073.06 2,733,333 13 20,384 33,333 53,716.89 2,366,667
3 23,215 33,333 56,547.94 2,700,000 14 19,452 33,333 52,785.39 2,333,333
4 22,932 33,333 56,264.84 2,666,667 15 19,817 33,333 53,150.68 2,300,000
5 21,918 33,333 55,251.14 2,633,333 16 19,534 33,333 52,867.58 2,266,667
6 22,365 33,333 55,698.63 2,600,000 17 18,630 33,333 51,963.47 2,233,333
7 21,370 33,333 54,703.19 2,566,667 18 18,968 33,333 52,301.37 2,200,000
8 21,799 33,333 55,132.42 2,533,333 19 18,082 33,333 51,415.52 2,166,667
9 21,516 33,333 54,849.31 2,500,000 20 18,402 33,333 51,735.16 2,133,333
10 19,178 33,333 52,511.41 2,466,667 21 18,119 33,333 51,452.05 2,100,000
11 20,950 33,333 54,283.10 2,433,333 22 16,685 33,333 50,018.26 2,066,667
23 17,553 33,333 50,885.84 2,033,333

241,763 366,667 608,429 225,626 400,000 625,626

2026-27 2027-28
24 16,712 33,333 50,045.66 2,000,000 36 13,425 33,333 46,757.99 1,600,000
25 16,986 33,333 50,319.63 1,966,667 37 13,589 33,333 46,922.37 1,566,667
26 16,649 33,333 49,982.65 1,933,333 38 12,877 33,333 46,210.04 1,533,333
27 16,420 33,333 49,753.42 1,900,000 39 13,023 33,333 46,356.16 1,500,000
28 16,137 33,333 49,470.32 1,866,667 40 12,740 33,333 46,073.06 1,466,667
29 15,342 33,333 48,675.80 1,833,333 41 12,055 33,333 45,388.13 1,433,333
30 15,571 33,333 48,904.11 1,800,000 42 12,174 33,333 45,506.85 1,400,000
31 14,795 33,333 48,127.85 1,766,667 43 11,507 33,333 44,840.18 1,366,667
32 15,005 33,333 48,337.90 1,733,333 44 11,607 33,333 44,940.64 1,333,333
33 14,721 33,333 48,054.79 1,700,000 45 11,324 33,333 44,657.53 1,300,000
34 13,041 33,333 46,374.43 1,666,667 46 9,973 33,333 43,305.93 1,266,667
35 14,155 33,333 47,488.58 1,633,333 47 10,758 33,333 44,091.32 1,233,333

185,535 400,000 585,535 145,050 400,000 545,050

 Outstanding Outstanding
Month Interest Principle Installment Bal Month Interest Principle Installment Bal
2028-29 2029-30
48 10,137 33,333 43,470.32 1,200,000 60 8,493 33,333 41,826.48 800,000
49 10,192 33,333 43,525.11 1,166,667 61 6,795 33,333 40,127.85 766,667
50 9,589 33,333 42,922.37 1,133,333 62 6,301 33,333 39,634.70 733,334
51 9,626 33,333 42,958.90 1,100,000 63 6,228 33,333 39,561.64 700,000
52 9,342 33,333 42,675.80 1,066,667 64 5,945 33,333 39,278.54 666,667
53 8,767 33,333 42,100.45 1,033,334 65 5,479 33,333 38,812.78 633,334
54 8,776 33,333 42,109.59 1,000,000 66 5,379 33,333 38,712.33 600,000
55 8,219 33,333 41,552.51 966,667 67 4,932 33,333 38,264.84 566,667
56 8,210 33,333 41,543.38 933,334 68 4,813 33,333 38,146.12 533,334
57 7,927 33,333 41,260.27 900,000 69 4,530 33,333 37,863.01 500,000
58 6,904 33,333 40,237.44 866,667 70 3,973 33,333 37,305.93 466,667
59 7,361 33,333 40,694.06 833,334 71 3,963 33,333 37,296.80 433,334

105,050 400,000 505,050 66,831 400,000 466,831

2030-31 2031-32
72 3,562 33,333 36,894.98 400,000 84 274 33,333 33,607.30 0
73 3,397 33,333 36,730.59 366,667
74 3,014 33,333 36,347.03 333,334
75 2,831 33,333 36,164.38 300,000
76 2,548 33,333 35,881.28 266,667
77 2,192 33,333 35,525.11 233,334
78 1,982 33,333 35,315.07 200,000
79 1,644 33,333 34,977.17 166,667
80 1,416 33,333 34,748.86 133,334
81 1,132 33,333 34,465.75 100,000
82 767 33,333 34,100.46 66,667
83 566 33,333 33,899.54 33,334

25,050 400,000 425,050 274 33,333 33,607

Date: 12-12-2024 Complied as per Information Given

Place: VIJAYAPURA For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881
 HOTEL TOWN PALACE
PROP.HANMANT MALLAPPA BIRADAR
PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101

G. DEBT SERVICE COVERAGE RATIO

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH

Net Profit before tax 5,415,623 6,667,501 7,452,704 8,307,233 9,237,659 10,250,827 11,360,984 12,557,313
Depreciation 310,000 279,000 251,100 225,990 203,391 183,052 164,747 148,272
Interest on Term Loan 241,763 225,626 185,535 145,050 105,050 66,831 25,050 274
Total 5,967,386 7,172,126 7,889,339 8,678,273 9,546,100 10,500,710 11,550,781 12,705,859

REPAYMENT OBLIGATIONS :
Repayent of Term Loan 366,667 400,000 400,000 400,000 400,000 400,000 400,000 33,333
Interest on Mortagage Loan 241,763 225,626 185,535 145,050 105,050 66,831 25,050 274

Total 608,429 625,626 585,535 545,050 505,050 466,831 425,050 33,607

DSCR 9.81 11.46 13.47 15.92 18.90 22.49 27.18 378.07

Avarage DSCR 62.16
Date: 12-12-2024 Complied as per Information Given
Place: VIJAYAPURA For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881
 HOTEL TOWN PALACE
PROP.HANMANT MALLAPPA BIRADAR
PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101

H. SCHEDULE OF RATIO ANALYSES

DEBT EQUITY RATIO

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH

Total Debt 4,719,267 3,985,933 3,585,933 3,185,933 2,785,934 2,385,934 1,985,934 1,952,600
Total Equity capital 68,953,747 75,332,886 77,839,291 80,606,556 83,655,746 87,010,534 90,697,410 94,379,257
Debt/Equity 0.07 0.05 0.05 0.04 0.03 0.03 0.02 0.02
Avarage Debt Equity Ratio 0.04

TOTAL OUTSIDE LIABILITY TOTAL NETWORTH RATIO

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH

Total Outside Liability 7,025,318 6,753,195 6,629,921 6,534,320 6,469,158 6,437,481 6,442,635 6,854,972
Total Net Worth 68,953,747 75,332,886 77,839,291 80,606,556 83,655,746 87,010,534 90,697,410 94,379,257
TOL/TNW 0.10 0.09 0.09 0.08 0.08 0.07 0.07 0.07
Avarage TOL-TNW Ratio 0.08

TOTAL INCOME TOTAL EXPENSES RATIO

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH

Total Income 63,827,385 76,592,862 84,252,148 92,677,362 101,945,099 112,139,609 123,353,569 135,688,926
Total Expenses 58,169,999 69,699,735 76,613,909 84,225,079 92,602,389 101,821,950 111,967,535 123,131,339
TI/TE 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10
Avarage TI-TE Ratio 1.10

GROSS PROFIT NET PROFIT RATIO

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH

Gross Profit 5,657,386 6,893,126 7,638,239 8,452,283 9,342,709 10,317,658 11,386,035 12,557,587
Net Profit 3,790,936 4,667,251 5,216,893 5,815,063 6,466,361 7,175,579 7,952,689 8,790,119
GI/NI 1.49 1.48 1.46 1.45 1.44 1.44 1.43 1.43
Avarage GP-NP Ratio 1.45

Current Ratio

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH

Current Assets 19,956,296 26,342,311 28,976,542 31,874,196 35,061,616 38,567,777 42,424,555 46,667,010
Current Liabilities 2,306,051 2,767,261 3,043,987 3,348,386 3,683,225 4,051,547 4,456,702 4,902,372
CA/CL 8.65 9.52 9.52 9.52 9.52 9.52 9.52 9.52
Avarage Current Ratio 9.41

Quick Ratio

FOR THE YER ENDING 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
31ST MARCH

Current Assets-Stock 18,824,750 24,848,670 27,333,537 30,066,891 33,073,580 36,380,938 40,019,032 44,020,935
Current Liabilities 2,306,051 2,767,261 3,043,987 3,348,386 3,683,225 4,051,547 4,456,702 4,902,372
CA/CL 8.16 8.98 8.98 8.98 8.98 8.98 8.98 8.98
Avarage Quick Ratio 8.88

Date: 12-12-2024 Complied as per Information Given

Place: Vijayapura For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881
 HOTEL TOWN PALACE
PROP.HANMANT MALLAPPA BIRADAR
PAN-ADJPB0523F
SY NO-738/1C, Malbagayat, Tq & Dist: Vijayapura
Athani Road Vijayapur-586101

H. Assumptions
1. Revenue for year ended is expected Increased 10% every year.
2. All Cost are increased 10% every
3. All statements are prepared on the basis of Information provided by Proprietor.
4. Depreciation Charged at 15% p.a.
5. Interest Charged at 13.50 p.a.
6. Income tax upto Rs.2,50,000/- can claim basic and additional benefit of exmption.
7. In first year year of earning start from March so considering 11 months and in last year only 7
months are remaining.

Date: 12-12-2024 Complied as per Information Given

Place: VIJAYAPURA For M/S. KAMALAKAR KADAM & CO
CHARTERED ACCOUNTANTS
FRN:019385S

CA KAMALAKAR KADAM
Proprietor
MN: 246881