RAJASTHAN SPINNING & WEAVING MILLS LTD.

KHARIGRAM
DENIM PROJECT
SPG
DENIM
PARTICULARS
11352
72
980
1280

SPINDLE / LOOM
Civil & Building
Plant & Machinery
Imported
Indigenous
Misc Fixed Assets
R & D Equipments
Information Technology

Total Cost
Margin Money for Working capital
Contingency 5%
Pre Operative Exp
Total Project Cost

Means of Finance
Term Loan
Capital Subsidy
Own Contribution
Total

TOTAL
2260

3466
153
358
191
33
5181
367
264
158
5970

5348
600
595
107
33
7963
476
393
198
9030

8814
753
953
298
66
13144
843
657
356
15000

4855

7345
277
1408
9030

12200
277
2523
15000

2006-07

1115
5970

2007-08
6100
139
1261
7500

6100
138
1262
7500

LNJ DENIM
A UNIT OF RAJASTHAN SPINNING & WEAVING MILLS LIMITED
SALIENT FEATURES OF THE PROJECT
Site

Mordi, Distt. Banswara, Rajasthan

Cunstruction Area
Power

35100 Square Meters

Captive power 3575 units per hour Will Be Supplied From Company's
Power Plant Located Next To This Plant.

Water

Machinery

750 Cubic Meter Per Day

Raw Water Requirenment Shall Be Met From Bore Well And River.
Also Ro Treated Water From Etp Will Be Re-Used In The Process.

Yarn

8000 MT

7032 Spindles
720 Rotors

Grey

Finish

Processing -

16.5 Million Meters

32 Rapier & 40 Air Jet Looms

14.00 Million Meters

Indigo Dyeing Range & Integrated Finishing Range

Technology

Modular-Design, Flexible And Innovative Technologies With Highest

Ecomonic Efficiency. Great Care Has Been Taken While Selecting
Technology For Each Process Of Entire Manufacturing Chain.

Plant & Machinery

State of art European Machinery

Blow Room /Cards/Draw Frames

Ring Frames/ Speed Frames

Truetzschler
Zinser

Open End Machinery

Schlafhrost

Looms

Picanol

Indigo Dyeing Range/ Finishing

Morrison

Products
Value Added Denim

70%

Light Weight Denim

30%

Export

70%

Domestic

30%

Financials
Capital Cost

Rs. Cr

150.00

Sales Realisation

Rs. Cr

138.99

PBIDT

Rs. Cr

29.63

PBIDT % to Sales
PBDT

21%
Rs. Cr

PBDT % to Sales
PBT

17%
Rs. Cr

PBT % To Sales
Pay Back Period
Average DSCR

23.10

16.24
12%

Months

78
1.95

LNJ DENIM

4%

A UNIT OF RAJASTHAN SPINNING & WEAVING MILLS LTD.

DENIM PROJECT PHASE I - PROJECTED PROFIT & LOSS ACCOUNT
SI.No.

A.

5%
Rs. in Lacs

PARTICULARS / Y E A R----->
07-08

08-09

09-10

10-11

11-12

12-13

13-14

14-15

15-16

16-17

17-18

18-19

CAPACITY UTILISATION

70%

80%

90%

95%

99%

100%

100%

100%

100%

100%

100%

100%

POWER & FUEL

SALES RELISATION

80%
90%

90%
93%

95%
97%

100%
99%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

GROSS SALES

EXPORTS

2944

7567

9037

9729

10238

10341

10341

10341

10341

10341

10341

DOMESTICS

1262

3243

3873

4170

4388

4432

4432

4432

4432

4432

4432

4432

GROSS SALES

4205

10810

12910

13899

14626

14774

14774

14774

14774

14774

14774

14774

138

356

425

475

480

485

485

485

485

485

485

485

4343

11166

13335

14374

15106

15259

15259

15259

15259

15259

15259

15259

27

62

70

71

71

72

72

72

72

72

72

72

Add ~EXPORT INCENTIVES

10341

Less ~ EXCISE DUTY (Gross)

NET SALES
OTHER INCOME - WASTE SALES
- Non Operating
INCREASE/ DECREASE ~ STOCK

695

605

5065

11833

13406

14445

15177

15331

15331

15331

15331

15331

15331

15331

49.11%

42.40%

37.92%

37.18%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

2065

4584

4896

5168

5385

5440

5440

5440

5440

5440

5440

5440

37

84

95

100

104

105

105

105

105

105

105

105

713

1630

1834

1935

2017

2037

2037

2037

2037

2037

2037

2037

POWER & FUEL

778

1751

1848

1945

1945

1945

1945

1945

1945

1945

1945

1945

SALARY & WAGES

374

866

988

1068

1068

1068

1068

1068

1068

1068

1068

1068

MANUFACTURING EXPS.

146

307

320

330

340

349

357

366

375

384

393

393

75

155

159

164

169

174

179

184

190

196

202

208

269

692

781

771

709

717

717

717

717

717

717

717

4457

10067

10920

11482

11739

11835

11849

11863

11877

11892

11907

11913

Total
B.
RAW MATERIAL
PACKING
STORES & SPARES
PROCESSING/JOB CHARGES

ADMINISTRATIVE EXPENSES
SELLING EXPENSES
PROVISION FOR DOUBTFULL DEBTS
Total
C.
D.

Gross Profit (PBIDT)

608

1766

2486

2963

3439

3495

3482

3468

3454

3439

3423

3417

PBIDT/ NET SALES

14.00%

15.82%

18.64%

20.61%

22.76%

22.91%

22.82%

22.73%

22.63%

22.54%

22.44%

22.40%

Interest on Term Loan

245

488

480

453

411

361

312

259

201

141

77

Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

FINANCIAL EXPS.

381

688

680

653

611

561

512

459

401

341

277

209

PBDT

Total

227

1078

1806

2310

2828

2935

2970

3009

3052

3098

3146

3208

F
G
H

DEPRECIATION
DEFERED EXPS. W/OFF
OPERATING PROFIT

343

686

686

686

686

686

679

675

675

675

671

671

-116

392

1120

1624

2142

2249

2291

2334

2378

2423

2475

2537

INCOME TAX

(13)

44

126

182

240

252

257

262

267

272

278

285

15

20

20

20

20

20

20

20

20

20

20

20

-118

328

974

1422

1882

1977

2014

2052

2091

2131

2177

2232

FBT
I

DEFERRED TAX LIABILITY

NET PROFIT AFTER TAX

Provision for Dividend+ Div. Tax Equity

Provision for Dividend+ Div. Tax Pref.

Retained earning

-118

328

974

1422

1882

1977

2014

2052

2091

2131

2177

2232

Cash accruals (before I Tax + Dividend)

-116

392

1120

1624

2142

2249

2291

2334

2378

2423

2475

2537

14.00%

15.82%

18.64%

20.61%

22.76%

22.91%

22.82%

22.73%

22.63%

22.54%

22.44%

22.40%

5.24%

9.65%

13.54%

16.07%

18.72%

19.23%

19.46%

19.72%

20.00%

20.30%

20.62%

21.02%

-2.71%
1.93

2.94%
3.21

7.30%
4.76

9.89%
6.10

12.46%
7.89

12.95%
9.13

13.20%
10.52

13.45%
12.60

13.70%
16.17

13.97%
22.95

14.27%
41.92

14.63%
348.83

RATIOS:
G P Margin % (PBIDT/ Net Sales)
Cash Profit % (Cash Profit / Net Sales)
N P Margin % (NP / Net Sales)
Long Term Interest Cover

BEP
TOTAL INCOME

5065

11833

13406

14445

15177

15331

15331

15331

15331

15331

15331

15331

2065

4584

4896

5168

5385

5440

5440

5440

5440

5440

5440

5440

37

84

95

100

104

105

105

105

105

105

105

105

713

1630

1834

1935

2017

2037

2037

2037

2037

2037

2037

2037

90% POWER & FUEL

700

1576

1663

1751

1751

1751

1751

1751

1751

1751

1751

1751

70% SALARY & WAGES

262

606

691

748

748

748

748

748

748

748

748

748

73

153

160

165

170

174

179

183

187

192

197

197

269

692

781

771

709

717

717

717

717

717

717

717

136

200

200

200

200

200

200

200

200

200

200

200

4255

9524

10319

10838

11084

11172

11176

11180

11185

11189

11194

11194

810

2309

3086

3607

4093

4159

4155

4150

4146

4141

4137

4137

VARRIABLE COST
100% RAW MATERIAL
100% PACKING
100% STORES & SPARES
100% PROCESSING/JOB CHARGES

50% MANUFACTURING EXPS.

100% SELLING EXPENSES
INTEREST ON WORKING CAPITAL
Total
CONTRIBUTION
FIXED COST
10% POWER & FUEL

78

175

185

195

195

195

195

195

195

195

195

195

112

260

296

321

321

321

321

321

321

321

321

321

73

153

160

165

170

174

179

183

187

192

197

197

75

155

159

164

169

174

179

184

190

196

202

208

INTEREST ON TERM LOAN

245

488

480

453

411

361

312

259

201

141

77

DEPRECIATION

343

686

686

686

686

686

679

675

675

675

671

671

926
114.27%

1917
83.02%

1966
63.71%

1983
54.98%

1951
47.67%

1910
45.93%

1864
44.85%

1816
43.76%

1768
42.65%

1718
41.49%

1661
40.16%

1600
38.67%

30% SALARY & WAGES

50% MANUFACTURING EXPS.
100% ADMINISTRATIVE EXPENSES

Total
BEP
D S C R :Gross Profit (PBIDT)

608

1766

2486

2963

3439

3495

3482

3468

3454

3439

3423

3417

Less: Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

Less : INCOME TAX

-13

44

126

182

240

252

257

262

267

272

278

285

485

1522

2160

2581

2999

3043

3025

3006

2987

2967

2945

2932

245

488

480

453

411

361

312

259

201

141

77

488

976

1220

1220

1220

1464

1464

1464

1632

1052

Sub- Total
Interest on Term Loan
Repayment of Term Loan
Sub- Total

245

488

968

1429

1631

1581

1532

1723

1665

1605

1709

1061

1.98

3.12

2.23

1.81

1.84

1.93

1.97
1.96

1.74

1.79

1.85

1.72

2.76

PBD

225

1014

1660

2108

2568

2663

2693

2727

2765

2806

2848

2903

NPV of PBD

225

940

1425

1677

1893

1819

1705

1599

1503

1413

1329

1255

DSCR FOR PROJECT AVERAGE

(2009-2019)
IIR

Project Cost
NPV of Total Income

16784

IRR @

1784
7.92%

15000

LNJ DENIM
RAJASTHAN SPINNING & WEAVING MILLS LTD.
PROJECTED BALANCE SHEET - DENIM PROJECT
SI.No.

PARTICULARS / Y E A R------>
06-07

A.

Phase I

Rs. in Lacs

Ist Year

IInd Year

IIIrd Year

IVth Year

Vth Year

VIth Year

07-08

08-09

09-10

10-11

11-12

12-13

VIIth Yaer VIIIth Yaer IXth Year

13-14

14-15

15-16

Xth Year

Xith Year

Xith Year

16-17

17-18

18-19

LIABILITIES:
1 EQUITY SHARE CAPITAL/HO

1261

2 RESERVE & SURPLUS

3 CAPITAL SUBSIDY
NET WORTH

2523

2523

2523

2523

2523

2523

2523

2523

2523

2523

2523

2523

-118

210

1184

2606

4488

6464

8478

10531

12621

14752

16930

19161

139

277

277

277

277

277

277

277

277

277

277

277

277

1400

2682

3010

3984

5406

7288

9264

11278

13331

15421

17552

19730

21961

6100

12200

12200

11712

10736

9516

8296

7076

5612

4148

2684

1052

1700

2500

2500

2500

2500

2500

2500

2500

2500

2500

2500

6100

13900

14700

14212

13236

12016

10796

9576

8112

6648

5184

3552

2500

7500

16582

17710

18196

18642

19304

20060

20854

21443

22069

22736

23282

24461

7500

14157

14657

15157

15657

16157

16657

17157

17657

18157

18657

19157

19657

343

1029

1715

2401

3087

3773

4452

5127

5801

6476

7147

7818

13814

13628

13442

13256

13070

12884

12705

12530

12356

12181

12010

11839

4 PREF. SHARE CAPITAL

5 NCD
6 TERM LOANS
13 WORKING CAPITAL LOANS
OUTSIDE LIABILITIES

TOTAL A
B.

2500

ASSETS:
1 GROSS BLOCK
Less ~ DEPRECIATION

7500

NET BLOCK

2 INVESTMENTS
3 CURRENT ASSETS,LOANS & ADV.
a. Inventory

1763

2515

2705

2790

2805

2815

2815

2815

2815

2815

2815

2815

b. Sundry Debtors

750

925

1075

1175

1200

1200

1200

1200

1200

1200

1200

1200

c.Other C A , Loans & advances

500

600

750

825

850

850

850

850

850

850

850

850

3013

4040

4530

4790

4855

4865

4865

4865

4865

4865

4865

4865

4 CASH & BANK BALANCES

Total Current Assets
5 Less ~ Current Liab.& Prov.

55

592

774

1146

1929

2862

3835

4597

5398

6240

6956

8307

3068

4632

5304

5936

6784

7727

8700

9462

10263

11105

11821

13172

300

550

550

550

550

550

550

550

550

550

550

550

2768

4082

4754

5386

6234

7177

8150

8912

9713

10555

11271

12622

16582

17710

18196

18642

19304

20060

20854

21443

22069

22736

23282

24461

Current Ratio ( After CPTL)

1.53

1.31

1.32

1.39

1.59

1.81

1.93

2.10

2.27

2.37

2.88

4.32

Current Ratio ( without CPTL)

1.53

1.52

1.74

1.95

2.22

2.53

2.85

3.10

3.37

Net Current Assets

6 DEFR. EXPS. TO THE EXT. NOT W/OFF
TOTAL B

7500

RATIOS:

DEBT EQUITY RATIO

4.36

4.55

4.05

2.94

1.99

1.31

0.90

0.63

0.42

0.27

0.15

0.05

F A C R ( FA/TL)

1.23

1.13

1.12

1.15

1.23

1.37

1.55

1.80

2.23

2.98

4.54

11.42

1.92

3.08

2.21

1.79

1.83

1.91

1.96

1.73

1.78

1.84

1.71

DSCR
D S C R OF PROJECT

1.95

2.74

LNJ DENIM - A Unit of RAJASTHAN SPINNING & WEAVING MILLS LTD.

Calculation of Ratios:

2006-07

2007-08

2008-09

Rs.in Lacs
2009-10

2010-11

2011-12

VARIOUS RATIOS
2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

Current Ratio
Current Assets

3068

4632

5304

5936

6784

7727

8700

9462

10263

11105

11821

Current Liability

300

550

550

550

550

550

550

550

550

550

550

550

Bank Borrowing

1700

2500

2500

2500

2500

2500

2500

2500

2500

2500

2500

2500

488

976

1220

1220

1220

1464

1464

1464

1632

1052

Total Current Liability

2000

3538

4026

4270

4270

4270

4514

4514

4514

4682

4102

3050

Current Ratio ( without CPTL)

1.53

1.52

1.74

1.95

2.22

2.53

2.85

3.10

3.37

Current Ratio ( After CPTL)

1.53

1.31

1.32

1.39

1.59

1.81

1.93

2.10

2.27

2.37

2.88

4.32

Term Loan repayable in next One Year

13172

DEBTS EQUITY RATIO

TERM LOAN

6100

12200

12200

11712

10736

9516

8296

7076

5612

4148

2684

1052

TOTAL DEBTS

6100

12200

12200

11712

10736

9516

8296

7076

5612

4148

2684

1052

NET WORTH

1261

2523

2523

2523

2523

2523

2523

2523

2523

2523

2523

2523

2523

139

159

487

1461

2883

4765

6741

8755

10808

12898

15029

17207

19438

TOTAL EQUITY

1400

2682

3010

3984

5406

7288

9264

11278

13331

15421

17552

19730

21961

DEBTS EQUITY RATIO

4.36

4.55

4.05

2.94

1.99

1.31

0.90

0.63

0.42

0.27

0.15

0.05

7500

14157

14657

15157

15657

16157

16657

17157

17657

18157

18657

19157

343

1029

1715

2401

3087

3773

4452

5127

5801

6476

7147

7818

12010

11839

RESERVE & SURPLUS (Incl DTL)

Less Defered Revenue Exp W off

F A C R :GROSS BLOCK
Less ~ DEPRECIATION

19657

NET BLOCK

7500

13814

13628

13442

13256

13070

12884

12705

12530

12356

12181

TERM LOANS & NCD

6100

12200

12200

11712

10736

9516

8296

7076

5612

4148

2684

1052

1.23

1.13

1.12

1.15

1.23

1.37

1.55

1.80

2.23

2.98

4.54

11.42

608

1766

2486

2963

3439

3495

3482

3468

3454

3439

3423

3417

136

200

200

200

200

200

200

200

200

200

200

200

64

146

202

260

272

277

282

287

292

298

305

470

1502

2140

2561

2979

3023

3005

2986

2967

2947

2925

2912

245

488

480

453

411

361

312

259

201

141

77

488

976

1220

1220

1220

1464

1464

1464

1632

1052

F A C R :D S C R :Gross Profit (PBIDT)

Less: Interest on Working Capital
Less : INCOME TAX & FBT
Sub- Total
Interest on Term Loan
Repayment of Term Loan
Sub- Total
DSCR FOR PROJECT
AVERAGE (2009-2019)

245

488

968

1429

1631

1581

1532

1723

1665

1605

1709

1061

1.92

3.08

2.21

1.79

1.83

1.91

1.96

1.73

1.78

1.84

1.71

2.74

1.95

LNJ DENIM
A UNIT OF RAJASTHAN SPINNING & WEAVING MILLS LTD
PROJECTED FUND FLOW STATEMENT
SI.No.

Particulars

Phase I
PROJECT PERIOD
06-07

A.

07-08

Total

07-08

IInd Year IIIrd Year IVth Year

08-09

09-10

10-11

Vth Year
11-12

VIth Year VIIth Year VIIIth Yaer IXth Year

12-13

13-14

14-15

15-16

Xth Year

Xith Year

Xith Year

17-18

17-18

18-19

Sources
1 Net cash accruals

227

1078

1806

2310

2828

2935

2970

3009

3052

3098

3146

3208

7727

1078

1806

2310

2828

2935

2970

3009

3052

3098

3146

3208

488

976

1220

1220

1220

1464

1464

1464

1632

1052

6657

500

500

500

500

500

500

500

500

500

500

500

-13

44

126

182

240

252

257

262

267

272

278

285

15

20

20

20

20

20

20

20

20

20

20

20

2 Increase in Term Loans

6100

6100

12200

6100

3 Margin from Internal Accruals

1261

1262

2523

1262

139

138

277

138

7500

7500

15000

7500

6657

14157

4 Capital Subsidy
Total
B.

Rs.in Lacs
Ist Year

Application
1 Repayment of Term Loan
2 Capital Expenditure TUFS
3 Income Tax
4 FBT

Total
Surplus / Deficit

7500

6657

14157

6659

564

1134

1678

1980

1992

1997

2246

2251

2256

2430

1857

843

843

1068

514

672

632

848

943

973

763

801

842

716

1351

843

843

672

632

848

943

973

763

801

842

716

1351

65

10

Add -Loan for Pre-paymernt of NCD/Term Loan

Less- Pre-payment of NCD/Term Loan
Less- Pre-payment of ST Deferment Loan
Less- Pre-payment of BOB Loan
1068

514

3 Inc/ Dec (+/-) in Bank Borrowing

Net Surplus / Deficit

1700

800

2 Inc/Dec (+/-)Working Capital

2713

777

490

260

55

537

182

372

783

933

973

763

801

842

716

1351

55

592

774

1146

1929

2862

3835

4597

5398

6240

6956

843

843

Opening Cash Balances

Closing Cash Balances

843

843

55

592

774

1146

1929

2862

3835

4597

5398

6240

6956

8307

843

843

55

592

774

1146

1929

2862

3835

4597

5398

6240

6956

8307

ASSUMPTIONS
1 Location of the project

Banswara

2 Status Of the Project :

EPCG

3 No. of Working Days / Annum =

360

4 No. of Working Hours / Day =

24

5 Capacity Utilisation
1st Year
2nd Year
3rd Year
4th Year
5th Year

50.0%
80%
93%
98%
99%

6 Contingencies on Indigeneous Machinery

Contingencies on Imported Machinery

5%
5%

7 Denim Price
Light Weight
Ring Slub
Cross Hatch
Cotton Lycra

Rs. Mtr
80
100
110
120

8 Raw Material Cost

Open end Yarn
Ring Spinning Yarn
8a Yarn Rates

Rs. KG
42
48
Ring
OE

9 Selling Expenses ExportEXPORT (Freight Outwards, LC Charges,Packing Charges etc.)

82.50
77.50

4 % of sales

(3.50 % IN 4TH AND 2.5% AFTERWARDS)

Commission

(2.5% IN 3RD TO 6TH YEAR THEN 2%)

Domestic

3%

Commission

2%

Expenses

3%

Reduced from 3rd year

10 Export
Domestic

70%
30%

11 Shrinkage

15%

12 Fibre Loss
Utilisation in Spinning

8%
98%

13 Electricity Rate
Steam Rate

Rs / Unit
Rs. MT

14 Wages of worker Per Month

WORKERS
Highly Skilled
Skilled
Semi- Skilled
Un- Skilled
Total

PF
GRATUITY
PL
LEAVE WAGES + C. LEAVE
LTA
MEDICAL
EXGRATIA / BONUS
GROUP INSURANCE
PF ADMN
HRA 15% for 50% staff
SUPERANNUATION - 15% FOR 50% STAFF
TOTAL

4.41
750.00

NOS.

WAGES P.M.

38

8000

278

6000

212

4200

107

3400

635

5080

Fringe Benefits
SAL
12.00%
4.80%
6.00%
5.00%
5.00%
8.33%
0.35%
1.15%
7.50%
7.50%
58%

WAGES
12.00%
4.80%
0.00%
6.00%
0.00%
0.00%
8.33%
0.35%
1.15%
0.00%
33%

15 Duties on Imported Machines

Basic Custom Duty
CVD
Local Transport, Clearing, Forwarding

EPCG
5%
Nil
6%

16 Indigenous Machines
Excise Duty
Sales Tax
Local Transport, Clearing, Forwarding
Total

5.00%
4.00%
2.66%
11.66%

17 Means of finance :-

Debt
82.20%
Equity
17.50%
(Equity is adjustable against Capital Subsidy)

18 Interest Rates
Term Loan
Working Capital
19 Repayment of term loan:Rupee Loan

Working capital Loan

(9% - 5%)

Two Year Moratorium period

Thirty two Quarterly Instalments
3rd yr From full Capacity Utilisation in total from6th yr
6th & 7th yr
12.50% Every Year

4.00%
8.00%

8th yr onwards
20 Second Grade fabric

15% Every Year

10%

21 Exchange Rates
Bank Selling
46.50
38.50
0.41
60.00

1 US $ =
1 CHF =
1 JY =
1 Euro =
22

Administrative Expenses are increasing 3% every year

23 Cotton Recovery

92%

24 Spinning Efficiency

89%

25 Loom Efficiency

89%

26 Dyeing Cost

Per Mtr.

7.62

27 Sizing Cost

Per Mtr.

1.31

28 Finishing Cost

Per Mtr.

0.88

29 Mercerising

Per Mtr.

3.49

30 Repair & Maintenance Exps

Ist 2 Yrs 1% of M/c Cost

IIIrd Yr. 1.5 % of M/c Cost
IVth yr 2 % of M/c Cost and Increased by 5 % each year

31 Rent Rates & Taxes

and Manufacturing expenses are increasing by 5% year to year

32 Insurance

.30% of Fixed Assets + Current Assets

33 Personal

Salary Wages increased by 3% year to year basis upto 6th year than fixed

34 Packing

Rs.0.75 Per Mtr

35 Consumable & Stores

1% of Machinery Cost

RAJASTHAN SPG. & WVG. MILLLS LTD

Denim
2007-08
RATE

QTY
DOMESTIC SALE - Ring Slub Denim
- Light Weight Denim
- Cross Hatched
--Cotton Lycra
- Seconds

VALUE

QTY

25.00
2.00

58
13

2.36
6.55

25.00
2.00

59
13

2.36
6.55

25.00
2.00

59
13

CLOSING STOCK FINISH

DENIM

4.16

95.00

395

6.32

95.00

600

6.32

95.00

600

6.32

95.00

600

6.32

95.00

600

6.32

95.00

600

6.32

95.00

600

OPENING STOCK FINISH

300

DENIM
OPENING STOCK PROCESS
DENIM

Inc./Dec. in Stock
PRODUCTION :
DENIM
WEAVING
TOTAL
RAW MATERIAL CONSM. :
COTTON OPEN END
COTTON RING SPUN
LYCRA
TOTAL
Local Taxes Etc
4%
FABRIC PURCHASE/MISC
TOTAL
G.TOTAL
LESS : INTER UNIT TRANSFER
INCENTIVE DEPB - YARN
NET R.M. CONSUMPTION

75.00

700

9.33

75.00

700

700

600
9.33

75.00

700

700

75.00

700

700

100
80
110
120
63
106
100
80
110
120
63
106
100
80
110
120
63
106

14774

600
9.33

7.94
3.97
15.88
11.91
2.31
42.00
18.52
9.26
37.04
27.78
5.39
98.00
26.46
13.23
52.92
39.69
7.70
140.00

VALUE

2.34
6.48

14626

794
318
1746
1429
146
4432
1852
741
4075
3334
340
10341
2646
1058
5821
4763
485
14774

2013-14
RATE

58
12

9.33

100
80
110
120
63
106
100
80
110
120
63
106
100
80
110
120
63
106

QTY

25.00
2.00

600

7.94
3.97
15.88
11.91
2.31
42.00
18.52
9.26
37.04
27.78
5.39
98.00
26.46
13.23
52.92
39.69
7.70
140.00

VALUE

2.34
6.22

13899

786
314
1729
1415
144
4388
1834
733
4034
3301
336
10238
2620
1048
5763
4715
480
14626

2012-13
RATE

58
12

300

100
80
110
120
63
106
100
80
110
120
63
106
100
80
110
120
63
106

QTY

25.00
2.00

600

7.86
3.93
15.72
11.79
2.29
41.58
18.34
9.17
36.67
27.51
5.34
97.02
26.20
13.10
52.39
39.29
7.62
138.60

VALUE

2.34
5.89

12910

747
299
1642
1344
138
4170
1742
697
3832
3136
323
9729
2489
995
5475
4479
461
13899

2011-12
RATE

52
10

75.00

99
79.2
109
119
63
105
99
79
109
119
63
105
99
79
109
119
63
105

QTY

25.00
2.00

395

7.54
3.77
15.08
11.31
2.19
39.90
17.60
8.80
35.19
26.39
5.12
93.10
25.14
12.57
50.27
37.71
7.31
133.00

VALUE

2.08
5.24

10810

693
277
1525
1247
131
3873
1617
647
3557
2911
306
9037
2310
924
5082
4158
437
12910

2010-11
RATE

23
5

4.00

97
77.6
107
116
63
102
97
78
107
116
63
102
97
78
107
116
63
102

QTY

25.00
2.00

CLOSING STOCK PROCESS

7.14
3.57
14.29
10.72
2.08
37.80
16.67
8.33
33.34
25.00
4.85
88.20
23.81
11.91
47.63
35.72
6.93
126.00

VALUE

0.91
2.29

4205

579
232
1275
1044
113
3243
1352
541
2974
2437
263
7567
1931
773
4249
3481
375
10810

2009-10
RATE

YARN WASTE SALES

COTTON WASTE SALES

DENIM

93
74.4
102
112
63
98
93
74
102
112
63
98
93
74
102
112
63
98

QTY

90
72
99
108
63
94
90
72
99
108
63
94
90
72
99
108
63
94

TOTAL SALE - Ring Slub Denim

- Light Weight Denim
- Cross Hatched
--Cotton Lycra
- Seconds
GROSS SALES
LESS: EXCISE
EXCISE REBATE CLAIM
NET SALE

6.23
3.12
12.46
9.36
1.79
32.95
14.54
7.27
29.08
21.83
4.17
76.89
20.77
10.38
41.54
31.19
5.96
109.84

VALUE

2.42
1.21
4.84
3.63
1.34
13.45
5.65
2.83
11.30
8.48
3.14
31.39
8.07
4.04
16.14
12.11
4.48
44.84

EXPORT SALE - Ring Slub Denim

- Light Weight Denim
- Cross Hatched
--Cotton Lycra
- Seconds

218
87
479
392
85
1262
508
204
1119
916
198
2944
726
291
1598
1308
282
4205

2008-09
RATE

14774

600
9.33

75.00

700

700

794
318
1746
1429
146
4432
1852
741
4075
3334
340
10341
2646
1058
5821
4763
485
14774

600
9.33

75.00

700

700

700

4.16

95.00

395
395

6.32

95.00

600
600

6.32

95.00

600
600

6.32

95.00

600
600

6.32

95.00

600
600

6.32

95.00

600
600

4.00

75.00

300

9.33

75.00

700

9.33

75.00

700

9.33

75.00

700

9.33

75.00

700

9.33

75.00

700

300
605

695
%ageP/R

700

%ageP/R

700

%ageP/R

700

%ageP/R

700

%ageP/R

700

%ageP/R

%ageP/R

49.00

4600

112.00

11015

126.00

12910

133.00

13899

138.60

14626

140.00

14774

140.00

14774

49.00

4600

112.00

11015

126.00

12910

133.00

13899

138.60

14626

140.00

14774

140.00

14774

769
867
350
1986
79

36.14
36.14
6.10
78.38

47.00
53.00
130.00
56.23

1699
1915
793
4407
176

38.97
38.97
6.24
84.17

47.00
53.00
130.00
55.93

1832
2065
811
4707
188

41.13
41.13
6.58
88.85

47.00
53.00
130.00
55.93

1933
2180
856
4969
199

42.87
42.87
6.86
92.59

47.00
53.00
130.00
55.93

2015
2272
892
5178
207

43.30
43.30
6.93
93.53

47.00
53.00
130.00
55.93

2035
2295
901
5231
209

43.30
43.30
6.93
93.53

47.00
53.00
130.00
55.93

79
2065

78.38

58.48

176
4584

84.17

58.16

188
4896

88.85

58.16

199
5168

92.59

58.16

207
5385

93.53

58.16

209
5440

93.53

58.16

138
1927

78.38

356
4228

84.17

425
4471

88.85

475
4693

92.59

480
4905

93.53

485
4955

93.53

16.35
16.35
2.69
35.40

47.00
53.00
130.00
56.09

35.40

58.33

35.40

2035
2295
901
5231
209
209
5440
485
4955

08-09

12-13

13-14

14-15

15-16

16-17

17-18

122.00

244.00

305.00

305.00

305.00

366.00

366.00

366.00

366.00

122.00

244.00

305.00

305.00

305.00

366.00

366.00

366.00

366.00

20th Dec

122.00

244.00

305.00

305.00

305.00

366.00

366.00

366.00

450.00

20th Mar

122.00

244.00

305.00

305.00

305.00

366.00

366.00

366.00

450.00

488.00

976.00

1220.00

1220.00

1220.00

1464.00

1464.00

1464.00

1632.00

11712.00

10736.00

9516.00

8296.00

7076.00

5612.00

4148.00

2684.00

1052.00

12200

New Loan
TOTAL

12200.00

12200

PARTICULARS

11-12

20th Sep

2006-2007
Preoperative
12200

882.25

10-11

20th June

12200.00

Term Loan Balance

09-10

3529

Opening
Balance

RAJASTHAN SPG. & WVG MILLS LTD.

INTEREST CALCULATION ON TERM LOAN
2007-2008
2008-2009 2009-2010
2010-2011
2011-2012

2012-2013

2013-14

2014-15

2015-16

18-19
1052.00

1052.00

12200

2016-17

2017-18

2018-19

245

488

480

453

411

361

312

259

201

141

77

245

488

480

453

411

361

312

259

201

141

77

588.5833333
RAJASTHAN SPG. & WVG MILLS LTD.
INTEREST CALCULATION ON TERM LOAN
Disb./
Repay /Disb
INTT.ON
INTEREST
Repayment
Date

DAYS

INTT.%

INTT.

TL for Openend
1000.00
2000.00
3000.00
4000.00
5000.00
6100.00
6100.00
7625.00
9150.00
10675.00

1000.00
1000.00
1000.00
1000.00
1000.00
1100.00

1525.00
1525.00
1525.00
1525.00

15-Aug-06
25-Sep-06
25-Nov-06
25-Dec-06
15-Feb-07
25-Mar-07

1000.00
2000.00
3000.00
4000.00
5000.00
6100.00

15-Aug-06
25-Sep-06
25-Nov-06
25-Dec-06
15-Feb-07
25-Mar-07

24-Sep-06
24-Nov-06
24-Dec-06
14-Feb-07
24-Mar-07
31-Mar-07

25-May-07
25-Jun-07
25-Jul-07
25-Aug-07

6100.00
7625.00
9150.00
10675.00
12200.00

1-Apr-07
25-May-07
25-Jun-07
25-Jul-07
25-Aug-07

24-May-07
24-Jun-07
24-Jul-07
24-Aug-07
30-Sep-07

12200.00

1-Oct-07

31-Mar-08

20-Jun-08
20-Sep-08
20-Dec-08
20-Mar-09

12200.00
12200.00
12200.00
12200.00
12200.00

1-Apr-08
20-Jun-08
20-Sep-08
20-Dec-08
20-Mar-09

19-Jun-08
19-Sep-08
19-Dec-08
19-Mar-09
31-Mar-09

20-Jun-09
20-Sep-09
20-Dec-09
20-Mar-10

12200.00
12078.00
11956.00
11834.00
11712.00

1-Apr-09
20-Jun-09
20-Sep-09
20-Dec-09
20-Mar-10

19-Jun-09
19-Sep-09
19-Dec-09
19-Mar-10
31-Mar-10

12200.00
12200.00
12200.00
12200.00
12200.00
12200.00
12200.00
12200.00
12078.00
11956.00
11834.00

122.000
122.000
122.000
122.000

41
61
30
52
38
7
229
54
31
30
31
37

4.00%
4.00%
4.00%
4.00%
4.00%
4.00%

183
183
80
92
91
90
12
365
80
92
91
90
12

4.00%

4.00%
4.00%
4.00%
4.00%
4.00%

4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%

4.49
13.37
9.86
22.79
20.82
4.68
75.67 2006-2007
36.10
25.90
30.08
36.27
49.47
177.82

244.67
244.67 2007-2008
106.96
123.00
121.67
120.33
16.04
488.00 2008-2009
106.96
121.77
119.23
116.72
15.40

Pre-operative

Pre-operative
253.49

PARTICULARS

Opening
Balance
11712.00
11712.00
11468.00
11224.00
10980.00
10736.00
10736.00
10431.00
10126.00
9821.00
9516.00
9516.00
9211.00
8906.00
8601.00
8296.00
8296.00
7991.00
7686.00
7381.00
7076.00
7076.00
6710.00
6344.00
5978.00
5612.00
5612.00
5246.00
4880.00
4514.00
4148.00
4148.00
3782.00
3416.00
2966.00
2516.00
2516.00
2150.00
1784.00
1418.00
1052.00
1052.00

Disb./
Repayment
488.00
244.000
244.000
244.000
244.000
976.00
305.000
305.000
305.000
305.000
1220.00
305.000
305.000
305.000
305.000
1220.00
305.000
305.000
305.000
305.000
1220.00
366.000
366.000
366.000
366.000
1464.00
366.000
366.000
366.000
366.000
1464.00
366.000
366.000
450.000
450.000
1632.00
366.000
366.000
366.000
366.000
732.00
1052.000

1052.00

Repay /Disb
Date

INTT.ON

INTEREST

20-Jun-10
20-Sep-10
20-Dec-10
20-Mar-11

11712.00
11468.00
11224.00
10980.00
10736.00

1-Apr-10
20-Jun-10
20-Sep-10
20-Dec-10
20-Mar-11

19-Jun-10
19-Sep-10
19-Dec-10
19-Mar-11
31-Mar-11

20-Jun-11
20-Sep-11
20-Dec-11
20-Mar-12

10736.00
10431.00
10126.00
9821.00
9516.00

1-Apr-11
20-Jun-11
20-Sep-11
20-Dec-11
20-Mar-12

19-Jun-11
19-Sep-11
19-Dec-11
19-Mar-12
31-Mar-12

20-Jun-12
20-Sep-12
20-Dec-12
20-Mar-13

9516.00
9211.00
8906.00
8601.00
8296.00

1-Apr-12
20-Jun-12
20-Sep-12
20-Dec-12
20-Mar-13

19-Jun-12
19-Sep-12
19-Dec-12
19-Mar-13
31-Mar-13

20-Jun-13
20-Sep-13
20-Dec-13
20-Mar-14

8296.00
7991.00
7686.00
7381.00
7076.00

1-Apr-13
20-Jun-13
20-Sep-13
20-Dec-13
20-Mar-14

19-Jun-13
19-Sep-13
19-Dec-13
19-Mar-14
31-Mar-14

20-Jun-14
20-Sep-14
20-Dec-14
20-Mar-15

7076.00
6710.00
6344.00
5978.00
5612.00

1-Apr-14
20-Jun-14
20-Sep-14
20-Dec-14
20-Mar-15

19-Jun-14
19-Sep-14
19-Dec-14
19-Mar-15
31-Mar-15

20-Jun-15
20-Sep-15
20-Dec-15
20-Mar-16

5612.00
5246.00
4880.00
4514.00
4148.00

1-Apr-15
20-Jun-15
20-Sep-15
20-Dec-15
20-Mar-16

19-Jun-15
19-Sep-15
19-Dec-15
19-Mar-16
31-Mar-16

20-Jun-16
20-Sep-16
20-Dec-16
20-Mar-17

4148.00
3782.00
3416.00
2966.00
2516.00

1-Apr-16
20-Jun-16
20-Sep-16
20-Dec-16
20-Mar-17

19-Jun-16
19-Sep-16
19-Dec-16
19-Mar-17
31-Mar-17

20-Jun-17
20-Sep-17
20-Dec-17
20-Mar-18

2516.00
2150.00
1784.00
1418.00
1052.00

1-Apr-17
20-Jun-17
20-Sep-17
20-Dec-17
20-Mar-18

19-Jun-17
19-Sep-17
19-Dec-17
19-Mar-18
31-Mar-18

1052.00

1-Apr-18
20-Jun-18
20-Sep-18
20-Dec-18
20-Mar-19

19-Jun-18
19-Sep-18
19-Dec-18
19-Mar-19
31-Mar-19

20-Jun-18
20-Sep-18
20-Dec-18
20-Mar-19

DAYS

INTT.%
365
80
92
91
90
12
365
80
92
91
91
12
366
80
92
91
90
12
365
80
92
91
90
12
365
80
92
91
90
12
365
80
92
91
91
12
366
80
92
91
90
12
365
80
92
91
90
12
365
80
92
91
90
12
365

4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%

INTT.
480.09
102.68
115.62
111.93
108.30
14.12
452.65
94.12
105.17
100.98
97.94
12.51
410.73
83.43
92.87
88.82
84.83
10.91
360.85
72.73
80.57
76.65
72.80
9.31
312.05
62.04
67.65
63.27
58.96
7.38
259.30
49.20
52.89
48.67
45.02
5.45
201.23
36.37
38.13
34.07
29.25
3.31
141.13
22.06
21.68
17.79
13.99
1.38
76.90
9.22

2009-2010

2010-2011

2011-2012

2012-2013

2013-2014

2014-2015

2015-2016

2016-2017

2017-18

9.22 2018-19

Rajasthan Spg.&Wvg.Mills Ltd,Kharigram

Computation of Expected Tax Liability as per Income tax
PARTICULARS

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

MAT Calculation
Cash Profit

227

1078

1806

2310

2828

2935

2970

3009

3052

3098

3146

Depreciation

343

686

686

686

686

686

679

675

675

675

671

671

-116

392

1120

1624

2142

2249

2291

2334

2378

2423

2475

2537

Total Taxable Income

-116

MAT TAX PAYABLE @ 11.22%

-13

392
44

1120
126

1624
182

2142
240

2249
252

2291
257

2334
262

2378
267

2423
272

2475
278

2537
285

Taxable Income

3208

Add : Deprecation W/ Back

Working Capital Requirement

Rs.in Lacs
Norms
Raw Material

2004-05 2005-06 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2017-18

90

950

1080

1250

1325

1340

1350

1350

1350

1350

1350

1350

1350

84

86

93

94

91

91

91

91

91

91

91

91

300

700

700

700

700

700

700

700

700

700

700

700

11

22

20

18

17

17

17

17

17

17

17

17

395

600

600

600

600

600

600

600

600

600

600

600

17

20

17

16

15

15

15

15

15

15

15

15

118

135

155

165

165

165

165

165

165

165

165

165

30

30

31

31

30

30

30

30

30

30

30

30

1763

2515

2705

2790

2805

2815

2815

2815

2815

2815

2815

2815

153

85

76

73

70

70

70

70

70

70

70

70

750

925

1075

1175

1200

1200

1200

1200

1200

1200

1200

1200

33

31

30

31

30

30

30

30

30

30

30

30

Inventory & Debtors

2513

3440

3780

3965

4005

4015

4015

4015

4015

4015

4015

4015

Other Current Assets

500

600

750

825

850

850

850

850

850

850

850

850

22

20

21

22

21

21

21

21

21

21

21

21

3013

4040

4530

4790

4855

4865

4865

4865

4865

4865

4865

4865

300

550

550

550

550

550

550

550

550

550

550

550

2713

3490

3980

4240

4305

4315

4315

4315

4315

4315

4315

4315

678

873

995

1060

1076

1079

1079

1079

1079

1079

1079

1079

2035

2618

2985

3180

3229

3236

3236

3236

3236

3236

3236

3236

335

118

485

680

729

736

736

736

736

736

736

736

1700

2500

2500

2500

2500

2500

2500

2500

2500

2500

2500

2500

No.of Days
Work in Process

No.of Days
Finished Goods

20

No.of Days
Stores
No.of Days

Average Inventory to Sales

Debtors

30

No.of Days

No.of Days
Current Assets
Other Currents Liabilities /Interunit bal
Net Current Assets
Working Capital Margin
Working Capital Requirement
From Long Term Surplus
Bank Finance

25.00%

Phase I - 14.0 Million Meters

Workers
No.
Amount

Technical Staff
No.
Amount

Support Staff
No.
Amount

Total Staff
No.
Amount

Total Manpower
No.
Amount

Spinning

99

7807

14

5,089

14

5,089

113

12,896

Wvg. Prep.

76

5328

12

4,178

12

4,178

88

9,505

Weaving

60

4783

13

5,399

13

5,399

73

10,182

Finishing

39

2616

10

4,355

10

4,355

49

6,971

Inspection

20

1200

1,577

1,577

25

2,778

QA

1,944

1,944

1,944

PD

2,000

2,000

2,000

12

4,000

12

4,000

55

6,984

Engineering

43

2984

Gen. & Admin.

37

1922

374

26640

75

139
235

10260
16380

Grand Total

Spinning
Weaving
Grand Total
Perks
G. Total

374
33%

41

16826

41

16,826

78

18,748

28541

41

16826

116

45,367

490

72007

25 9060.35
51 19480.7

21
21

8413
8413

45
17473
71 27893.7

184
306

27733
44274

490

72007

26640
75
28541
41 16826
8692.7
58% 16448.2
58% 9696.8
35333
44989.2
26523
Ideal Workr and staff Salary up to 100% Capacity

116

45367
34837.7
1068.45
0
1068

LNJ Denim
Rajasthan Spg & Wvg Mills Ltd.
REQUIREMENT OF RAW MATERIALS, CHEMICALS AND COMPONENTS

COTTON
R'MENTS
MN Kg/yr

COTTON TYPE
I. DIRECT MATERIALS (Indeg)
1]COTTON- for Open end - I inch
2]COTTON for Ring spun 1 1/16 Inch
3]Lycra yarn
Sub Total
Less Yarn waste
Less Cotton Waste
Freight & Local Taxes
TOTAL COTTON YARN MATERIALS*
* incl.8% cotton fiber loss
II. INDIRECT MATERIALS/CONSUMABLE STORES
a) Consumables,& Stores
b) Indigo Dye &Finishing chemicals
c) Mercerisation
c) Size chemicals Cost
d] WTP and ETP chemicals
TOTAL RAW MATERIAL COST

<---- ---------REQUIREMENT ------------>

Yr 1
Yr 2
Yr 3
Yr 4
Yr 5
70%
80.0%
90.0%
95.0%
99.0%

Yr 6
100.0%

43.30
43.30
6.93
93.53
2.60
6.55

15.15
15.15
2.42
32.73
0.91
2.29

34.64
34.64
5.54
74.82
2.08
5.24

38.97
38.97
6.24
84.17
2.34
5.89

41.13
41.13
6.58
88.85
2.34
6.22

42.87
42.87
6.86
92.59
2.34
6.48

43.30
43.30
6.93
93.53
2.34
6.55

84.38

29.53

67.50

75.94

80.29

83.77

84.64

4%

@
@
@
@
@

1.00%
8.50
3.50
3.00
0.11

of P & M
Rs/Mtr of Denim output
Rs/Mtr of Denim output
Rs/Kg. of Warp Yarn Wt.
Rs/Ltr Discharged
750 Lac Ltr/yr
TOTAL INDIRECT MATERIALS

750

102
1190
490
176
79
2037
3756

RAJASTHAN SPINNING & WEAVING MILLS LTD. KHARIGRAM

DEPRECIATION AS PER BOOKS
PARTICULARS
SPG
WVG TOTAL Contingency Pre-op. Exp. Total Cost Rate of Depn Depn. Depn. Depn. Depn. Depn. Depn. Depn. Depn. Depn. Depn. Depn.
Spindle
07-08
08-09
09-10
10-11
11-12
12-13
13-14
14-15
15-16
16-17
17-18
Civil & Building
Factory Building
830
1080
1910
96
52
2057
3.34%
34.36
68.71
68.71
68.71
68.71
68.71
68.71
68.71
68.71
68.71
68.71 721.47 1954.37
Resedential Building
150
200
350
18
9
377
1.63%
3.07
6.14
6.14
6.14
6.14
6.14
6.14
6.14
6.14
6.14
6.14
64.52 358.131
Plant & Machinery
Imported
3466
5348
8814
441
239
9493
5.28% 250.62 501.24 501.24 501.24 501.24 501.24 501.24 501.24 501.24 501.24 501.24 5262.99 9018.47 3755.48
Indigenous
153
600
753
38
20
811
5.28%
21.42
42.83
42.83
42.83
42.83
42.83
42.83
42.83
42.83
42.83
42.83 449.73 770.646 320.91
ETP
279
279
14
8
301
Electricals & Panels
286
266
552
28
15
594
4.75%
14.11
28.22
28.22
28.22
28.22
28.22
28.22
28.22
28.22
28.22
28.22 296.32 564.424
Furniture
33
28
61
3
2
66
6.33%
2.09
4.19
4.19
4.19
4.19
4.19
4.19
4.19
4.19
4.19
4.19
43.96 62.8263
Vehicles
39
22
61
3
2
66
9.50%
3.14
6.28
6.28
6.28
6.28
6.28
6.28
6.28
6.28
6.28
2.91
62.59 62.8263
R & D Equipments
191
107
298
15
8
321
5.28%
8.46
16.93
16.93
16.93
16.93
16.93
16.93
16.93
16.93
16.93
16.93 177.73 304.554 126.82
Information Technology
66
3
2
71
16.21%
5.76
11.52
11.52
11.52
11.52
11.52
4.16
67.54 67.5332
0.00
33
33
Total Cost
5181
7963
13144
657
356
14157
343.03 686.07 686.07 686.07 686.07 686.07 678.70 674.54 674.54 674.54 671.17
Margin Money for Working capital
367
476
843
843
Contingency 5%
264
393
657
Pre Operative Exp
158
198
356
Total Project Cost
5970
9030
15000
657
356
15000
343.03 686.07 686.07 686.07 686.07 686.07 678.70 674.54 674.54 674.54 671.17
Per Spindle Cost Of Total Project
14157

CONSOLIDATE C.M.A. 04-05

Rajasthan Spg. & Wvg. Mills Ltd.

Calculation of Export Incentive
2007-08
PARTICULARS

BASIS

Export Sale

AMOUNT

Wvg

2008-09

WVG

2944

AMOUNT

Wvg

100%

2944

0.00%

B - DEPB

100%

2944

4.70%

AMOUNT

7567

0.00%

138

7567

4.70%

138

7567

138

Wvg

2010-11

WVG

AMOUNT

9037

2944

WVG

7567

A - Excise Rebate

TOTAL

2009-10

WVG

AMOUNT

10111

9037

0.00%

356

9037

4.70%

356

9037

356

Wvg

2011-12
WVG

AMOUNT

10211

10111

0.00%

425

10111

4.70%

425

10111

425

Wvg

2012-13

10211

0.00%

475

10211

4.70%

475

10211

475

Wvg

WVG

10314

10314

0.00%

480

10314

4.70%

485

480

10314

480

485
485

Denim Project - 14.0 Million Meter

Rajasthan Spinning & Weaving Mills Ltd.
Power Details - KW
Sr.
Description
1
2
3
4
5
6
7
8
9
10
11
12
13

S
S
S
S
S
S
S
S
S
S
S
S
S

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

W
W
W
W
W
W
W
W
W
W
W
W
W
W
W

Waste Recycling
Blow Room
Cards-TC-03
Can Coiler
Drawframe with Auto Leveller TD-03
Can Chnager
Speed frame 144 Spindles
RingFrame 1200 Spindles
Link coner 28 Spindles (30 Frames)
Auto coro 360
Humidification Plant incl. waste recycling
Lighting
Compressor
Total Spinning
Ball Warper
Rope Dyeing
Rebeamer
Sizing
Air-jet Loom - OmniPlus800
Rapier Loom - GamMax
Desize range
Mercerizing Range
Foam Finishing Range
Stenter (6 Chambers)
Humidification Plant
Lighting
Compressor
Effluent Treatment Plant
Inspection Machine
Total Weaving
Garnd Total

Phase I

Make

No.

Trutzschler
Trutzschler
Trutzschler
Trutzschler
Trutzschler
Trutzschler
Marzoli
Marzoli
Murata
Schlafhorst
Luwa

1
1
11
11
9
9
3
6
6
2
1
1
1

West Point
Morrison
West Point
S+M
Picanol
Picanol
Kuster
Kuster
Monfort
Calico

3
1
5
1
40
32
1
1
1
1
1
1
1
1
4

Installed Power
per m/c.
Total
130
130
160
160
19.3
212
13.8
152
12.5
113
8.1
72
52
156
77
462
20
120
159
318
624
624
108
108
78
78
2705
11
33
100
100
22
110
50
50
5.5
220
7.0
224
60
60
75
75
96.5
97
100
100
416
416
72
72
313
313
240
240
4
16
2126
2.5
4831

Power
Factor
0.70
0.70
0.75
0.75
0.75
0.75
0.50
0.70
0.60
0.60
0.78
0.90
0.92
0.65
0.85
0.65
0.85
0.80
0.80
0.70
0.70
0.75
0.70
0.78
0.90
0.92
0.60
0.40
0.74

rate
STEAM
PER HOUR
PER DAY
PER YR
RATE
RS LACS

9
216
77760
750
583

Actual
Power
91
112
159
114
84
54
78
323
72
191
487
97
72
1935
21
85
72
43
176
179
42
53
72
70
324
65
288
144
6
1640
3575
308.8897
4.41
1362

LNJ Denim - RSWM Ltd.

EXPORT
EXPENSES
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
%
4%
4.00%
4.00%
3.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
PHASE I
2944
7567
9037
9729
10238
10341
10341
10341
10341
10341
10341
10341
AMT
118
303
361
341
256
259
259
259
259
259
259
259
COMMISSION
%
3.00%
3.00%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
2.50%
AMT
88
227
226
243
256
259
259
259
259
259
259
259

DOMESTIC
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
PHASE I
1262
3243
3873
4170
4388
4432
4432
4432
4432
4432
4432
4432
AMT
38
97
116
104
110
111
111
111
111
111
111
111
COMMISSION
%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
AMT
25
65
77
83
88
89
89
89
89
89
89
89

269

692

781

771

709

717

717

717

717

717

717

717

RSWM Ltd.
Statement showing depreciation as per I.Tax
S. No.

BLOCK OF ASSETS

Rs. in Lacs

RATE OF
Depreciation

Opening
Balance

Additions
upto
3.10.07

Additions on
or after
4.10.07

Total
Additions

Depreciation
for the year
2007-08

2008-09
WDV AS ON

2009-10
DPR

WDV AS ON

2010-11

DPR

WDV AS ON

2011-12

DPR

WDV AS ON

2012-13
DPR

WDV AS ON

2013-14

DPR

WDV AS
ON

2014-15

DPR

WDV AS
ON

2015-16

DPR

WDV AS
ON

2016-17

DPR

WDV AS
ON

DPR

BUILDING (OTHER THAN THOSE USED FOR R & D)

1

Used Mainly for residental purpose

Not used for residental purpose

5%

377

376.98

9.42

367.56

18

349.18

17

331.72

17

315.13

16

299.38

10%

2057

2057.23

102.86

1954.37

195

1758.93

176

1583.04

158

1424.74

142

1282.26

66

66.13

3.31

62.83

56.54

50.89

45.80

41.22

15

284.41

128 1154.04

270.19

14

256.68

13

243.84

12

115 1038.63

14

104

934.77

93

841.29

84

30.05

27.04

512 2903.57

436

FURNITURE FITTING (OTHER THAN FOR R & D)

1

Used in School, College & other

educational intitution, library etc.

10%

Other than mentioned above

10%

37.10

33.39

PLANT & MACHINERY (OTHER THAN FOR R & D)

1

Energy Saving Devices

80%

Plant & Machonery (incl. Two wheelers)

15%

11520

11519.64

863.97

10655.66

1598

9057.31

1359

7698.72

1155

6543.91

982

5562.32

Vehicle (only four wheelers)

15%

66

66.13

4.96

61.17

52.00

44.20

37.57

31.93

27.14

23.07

19.61

16.67

Computer

60%

71

71.09

21.33

49.76

30

19.90

12

7.96

3.18

1.27

0.51

0.20

0.08

0.03

Non competition rights

25%

Items disallowed in AY 01-02

Total

834 4727.97

709 4018.78

603 3415.96

15%
14157

14157.20

Power Division - JPL

Total
ADDITIONAL DEPR

1005.85
46.22

1052.07
2303.93

13151.35 1857.48 11293.87 1577.35

2008-09

2009-10

9716.52

1346.19
2010-11

8370.33

1151.94
2011-12

7218.39

987.22 6231.17 846.91 5384.26 727.11 4657.15 624.70 4032.45 537.08

2012-13

2013-14

2014-15

2015-16

2016-17

MANUFACTURING EXPENSES

70%
07-08

IV.

FACTORY OVERHEADS
1. REPAIRS & MAINTENANCE
2. RENT , RATES & TAXES
3. INSURANCE @ 0.3%
4. MISC. EXPENSES
TOTAL

ADMINISTRATIVE EXPENSES
07-08
08-09
09-10
YEAR
1
2
3
PROFESSIONAL FEES
10
10
11
WELFARE ACTIVITY
20
21
21
CONVEYANCE
20
21
21
TRAVELLING
50
52
53
PRINTING & STATIONERY
10
10
11
COMMUNICATION20
21
21
MISC EXPENSES 20
21
21
TOTAL
150
155
159
100

110

113

230
3
33
27
292

10-11
4
11
22
22
55
11
22
22
164
117

80%
08-09

11-12
5
11
23
23
56
11
23
23
169
120

90%
09-10

237
3
39
28
307

12-13
6
12
23
23
58
12
23
23
174
118

95%
10-11

244
3
44
29
320

13-14
7
12
24
24
60
12
24
24
179
118

99%
11-12

251
3
46
30
330

14-15
8
12
25
25
61
12
25
25
184
118

259
3
47
31
340

15-16
9
13
25
25
63
13
25
25
190
118

100%
100%
100%
100%
100%
100%
12-13
13-14
14-15
15-16
16-17
17-18
267
3
47
32
349

16-17
10
13
26
26
65
13
26
26
196
121

275
4
47
32
357

283
4
46
33
366

291
4
46
34
375

300
4
45
35
384

309
4
44
36
393

Summery of Sensitive Ratio Analysis Denim Phase I

07-08

08-09

09-10

10-11

11-12

70.00%

80.00%

90.00%

95.00%

114.27%

83.02%

63.71%

1.98

3.12

2.23

Capacity Taken

12-13

13-14

14-15

15-16

16-17

17-18

18-19

99.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

54.98%

47.67%

45.93%

44.85%

43.76%

42.65%

41.49%

40.16%

38.67%

1.81

1.84

1.93

1.97

1.74

1.79

1.85

1.72

2.76

Normal Case
BEP
DSCR Year Wise
Average DSCR

1.96

IIR

7.92%

if Change Capacity
BEP

124.53%

91.30%

69.58%

59.48%

51.20%

49.27%

48.11%

46.93%

45.73%

44.48%

43.05%

41.43%

1.71

2.69

1.96

1.61

1.66

1.74

1.79

1.58

1.62

1.67

1.56

2.50

DSCR Yearly
Average DSCR

1.76

IIR

5.38%

If Increase in Intt. Rate 5%

BEP

152.02%

109.45%

83.16%

70.67%

60.21%

56.78%

54.24%

51.57%

48.72%

45.75%

42.49%

38.95%

0.88

1.39

1.38

1.29

1.40

1.50

1.57

1.47

1.56

1.67

1.63

2.73

DSCR Yearly
Average DSCR

1.54

IIR

3.85%

If Increase in RM Prices 5%
BEP

130.96%

92.17%

69.20%

59.22%

51.02%

49.15%

48.00%

46.83%

45.64%

44.41%

42.99%

41.40%

1.56

2.65

1.98

1.63

1.67

1.75

1.80

1.59

1.63

1.68

1.56

2.51

DSCR Yearly
Average DSCR

1.77

IIR

5.30%

If Decrease in Sales Prices 5%

BEP
DSCR Yearly

160.58%

110.95%

81.23%

68.26%

58.04%

55.86%

54.55%

53.24%

51.90%

50.50%

48.89%

47.08%

1.03

1.93

1.54

1.31

1.39

1.46

1.49

1.32

1.35

1.39

1.29

2.07

Average DSCR

1.44

IIR

0.49%

If Power Rate Inc. 5%

BEP
DSCR Yearly
Average DSCR
IIR

119.94%

86.35%

65.79%

56.62%

48.95%

47.16%

46.06%

44.95%

43.81%

42.63%

41.27%

39.75%

1.82

2.94

2.14

1.74

1.78

1.86

1.91

1.69

1.74

1.79

1.67

2.67

1.89
6.98%

A UNIT OF RAJASTHAN SPINNING & WEAVING MILLS LTD.

DENIM PROJECT PHASE I - PROJECTED PROFIT & LOSS ACCOUNT - Change Capacity
SI.No.

A.

5%
Rs. in Lacs

PARTICULARS / Y E A R----->
07-08

08-09

09-10

10-11

11-12

12-13

13-14

14-15

15-16

16-17

17-18

CAPACITY UTILISATION

65%

75%

85%

90%

94%

95%

95%

95%

95%

95%

95%

18-19
95%

POWER & FUEL

SALES RELISATION

80%
90%

90%
93%

95%
97%

100%
99%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

GROSS SALES

2.00

EXPORTS

2733

7094

8535

9217

9721

9824

9824

9824

9824

9824

9824

DOMESTICS

1171

3040

3658

3950

4166

4210

4210

4210

4210

4210

4210

4210

GROSS SALES

3905

10134

12193

13168

13887

14035

14035

14035

14035

14035

14035

14035

128

334

401

450

456

461

461

461

461

461

461

461

4033

10468

12595

13618

14343

14496

14496

14496

14496

14496

14496

14496

25

59

66

67

68

69

69

69

69

69

69

69

Add ~EXPORT INCENTIVES

9824

Less ~ EXCISE DUTY (Gross)

NET SALES
OTHER INCOME - WASTE SALES
- Non Operating
INCREASE/ DECREASE ~ STOCK

695

605

4753

11131

12661

13685

14411

14564

14564

14564

14564

14564

14564

14564

49.11%

42.40%

37.92%

37.18%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

1918

4297

4624

4896

5113

5168

5168

5168

5168

5168

5168

5168

34

79

89

95

99

100

100

100

100

100

100

100

662

1528

1732

1834

1915

1935

1935

1935

1935

1935

1935

1935

POWER & FUEL

778

1751

1848

1945

1945

1945

1945

1945

1945

1945

1945

1945

SALARY & WAGES

347

812

933

1012

1014

1015

1015

1015

1015

1015

1015

1015

MANUFACTURING EXPS.

146

307

320

330

340

349

357

366

375

384

393

393

75

155

159

164

169

174

179

184

190

196

202

208

250

649

738

731

674

681

681

681

681

681

681

681

4210

9576

10442

11007

11270

11367

11380

11394

11409

11424

11439

11445

Total
B.
RAW MATERIAL
PACKING
STORES & SPARES
PROCESSING/JOB CHARGES

ADMINISTRATIVE EXPENSES
SELLING EXPENSES
PROVISION FOR DOUBTFULL DEBTS
Total
C.
D.

Gross Profit (PBIDT)

543

1555

2219

2678

3141

3197

3184

3170

3155

3140

3125

3119

PBIDT/ NET SALES

13.46%

14.86%

17.62%

19.67%

21.90%

22.06%

21.96%

21.87%

21.77%

21.66%

21.56%

21.52%

Interest on Term Loan

245

488

480

453

411

361

312

259

201

141

77

Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

FINANCIAL EXPS.

381

688

680

653

611

561

512

459

401

341

277

209

PBDT

Total

162

867

1539

2026

2530

2636

2672

2710

2754

2799

2848

2910

F
G
H

DEPRECIATION
DEFERED EXPS. W/OFF
OPERATING PROFIT

343

686

686

686

686

686

679

675

675

675

671

671

-181

181

852

1339

1844

1950

1993

2036

2080

2125

2177

2239

INCOME TAX

-12

41

119

172

228

239

244

249

254

258

264

271

15

20

20

20

20

20

20

20

20

20

20

20

-184

120

713

1147

1596

1691

1729

1767

1806

1846

1893

1948

-184

120

713

1147

1596

1691

1729

1767

1806

1846

1893

1948

13.46%

14.86%

17.62%

19.67%

21.90%

22.06%

21.96%

21.87%

21.77%

21.66%

21.56%

21.52%

4.02%

8.28%

12.22%

14.87%

17.64%

18.19%

18.43%

18.70%

19.00%

19.31%

19.65%

20.07%

-4.56%
1.66

1.15%
2.78

5.66%
4.20

8.42%
5.47

11.13%
7.16

11.67%
8.31

11.93%
9.56

12.19%
11.45

12.46%
14.69

12.74%
20.84

13.06%
38.04

13.44%
316.50

FBT
I

DEFERRED TAX LIABILITY

NET PROFIT AFTER TAX

Provision for Dividend+ Div. Tax Equity

Provision for Dividend+ Div. Tax Pref.

Retained earning
RATIOS:
G P Margin % (PBIDT/ Net Sales)
Cash Profit % (Cash Profit / Net Sales)
N P Margin % (NP / Net Sales)
Long Term Interest Cover

BEPB
TOTAL INCOME

4753

11131

12661

13685

14411

14564

14564

14564

14564

14564

14564

14564

1918

4297

4624

4896

5113

5168

5168

5168

5168

5168

5168

5168

34

79

89

95

99

100

100

100

100

100

100

100

662

1528

1732

1834

1915

1935

1935

1935

1935

1935

1935

1935

90% POWER & FUEL

700

1576

1663

1751

1751

1751

1751

1751

1751

1751

1751

1751

70% SALARY & WAGES

243

568

653

709

710

711

711

711

711

711

711

711

73

153

160

165

170

174

179

183

187

192

197

197

250

649

738

731

674

681

681

681

681

681

681

681

136

200

200

200

200

200

200

200

200

200

200

200

4016

9050

9859

10379

10632

10719

10724

10728

10732

10737

10742

10742

737

2082

2802

3306

3779

3845

3841

3836

3832

3827

3822

3822

VARRIABLE COST
100% RAW MATERIAL
100% PACKING
100% STORES & SPARES
100% PROCESSING/JOB CHARGES

50% MANUFACTURING EXPS.

100% SELLING EXPENSES
INTEREST ON WORKING CAPITAL
Total
CONTRIBUTION
FIXED COST
10% POWER & FUEL

78

175

185

195

195

195

195

195

195

195

195

195

104

244

280

304

304

305

305

305

305

305

305

305

73

153

160

165

170

174

179

183

187

192

197

197

75

155

159

164

169

174

179

184

190

196

202

208

INTEREST ON TERM LOAN

245

488

480

453

411

361

312

259

201

141

77

DEPRECIATION

343

686

686

686

686

686

679

675

675

675

671

671

918
124.53%

1901
91.30%

1950
69.58%

1966
59.48%

1935
51.20%

1894
49.27%

1848
48.11%

1800
46.93%

1752
45.73%

1702
44.48%

1645
43.05%

1584
41.43%

30% SALARY & WAGES

50% MANUFACTURING EXPS.
100% ADMINISTRATIVE EXPENSES

Total
BEPB
D S C R :Gross Profit (PBIDT)

543

1555

2219

2678

3141

3197

3184

3170

3155

3140

3125

3119

Less: Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

Less : INCOME TAX

-12

41

119

172

228

239

244

249

254

258

264

271

419

1314

1900

2306

2713

2758

2740

2721

2702

2682

2661

2648

245

488

480

453

411

361

312

259

201

141

77

488

976

1220

1220

1220

1464

1464

1464

1632

1052

Sub- Total
Interest on Term Loan
Repayment of Term Loan
Sub- Total
DSCR FOR PROJECT AVERAGE
(2009-2019)

245

488

968

1429

1631

1581

1532

1723

1665

1605

1709

1061

1.71

2.69

1.96

1.61

1.66

1.74

1.79
1.76

1.58

1.62

1.67

1.56

2.50

IIR
PBD

159

806

1400

1833

2282

2377

2408

2442

2480

2521

2564

2619

NPV of PBD

159

765

1260

1566

1851

1829

1758

1692

1631

1573

1518

1471

Project Cost
NPV of Total Income

17072

IRR @

2072
5.38%

15000

A UNIT OF RAJASTHAN SPINNING & WEAVING MILLS LTD.

DENIM PROJECT PHASE II - PROJECTED PROFIT & LOSS ACCOUNT - Intt. Inc. 5%
SI.No.

A.

5%
Rs. in Lacs

PARTICULARS / Y E A R----->
07-08

08-09

09-10

10-11

11-12

12-13

13-14

14-15

15-16

16-17

17-18

18-19

CAPACITY UTILISATION

70%

80%

90%

95%

99%

100%

100%

100%

100%

100%

100%

100%

POWER & FUEL

SALES RELISATION

80%
90%

90%
93%

95%
97%

100%
99%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

GROSS SALES
EXPORTS

2944

7567

9037

9729

10238

10341

10341

10341

10341

10341

10341

DOMESTICS

1262

3243

3873

4170

4388

4432

4432

4432

4432

4432

4432

4432

GROSS SALES

4205

10810

12910

13899

14626

14774

14774

14774

14774

14774

14774

14774

138

356

425

475

480

485

485

485

485

485

485

485

4343

11166

13335

14374

15106

15259

15259

15259

15259

15259

15259

15259

27

62

70

71

71

72

72

72

72

72

72

72

Add ~EXPORT INCENTIVES

10341

Less ~ EXCISE DUTY (Gross)

NET SALES
OTHER INCOME - WASTE SALES
- Non Operating
INCREASE/ DECREASE ~ STOCK

695

605

5065

11833

13406

14445

15177

15331

15331

15331

15331

15331

15331

15331

49.11%

42.40%

37.92%

37.18%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

36.82%

2065

4584

4896

5168

5385

5440

5440

5440

5440

5440

5440

5440

37

84

95

100

104

105

105

105

105

105

105

105

713

1630

1834

1935

2017

2037

2037

2037

2037

2037

2037

2037

POWER & FUEL

778

1751

1848

1945

1945

1945

1945

1945

1945

1945

1945

1945

SALARY & WAGES

374

866

988

1068

1068

1068

1068

1068

1068

1068

1068

1068

MANUFACTURING EXPS.

146

307

320

330

340

349

357

366

375

384

393

393

75

155

159

164

169

174

179

184

190

196

202

208

269

692

781

771

709

717

717

717

717

717

717

717

4457

10067

10920

11482

11739

11835

11849

11863

11877

11892

11907

11913

Total
B.
RAW MATERIAL
PACKING
STORES & SPARES
PROCESSING/JOB CHARGES

ADMINISTRATIVE EXPENSES
SELLING EXPENSES
PROVISION FOR DOUBTFULL DEBTS
Total
C.

Gross Profit (PBIDT)

608

1766

2486

2963

3439

3495

3482

3468

3454

3439

3423

3417

PBIDT/ NET SALES

14.00%

15.82%

18.64%

20.61%

22.76%

22.91%

22.82%

22.73%

22.63%

22.54%

22.44%

22.40%

D.

FINANCIAL EXPS.

Interest on Term Loan

551

1098

1080

1018

924

812

702

583

453

318

173

21

Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

687

1298

1280

1218

1124

1012

902

783

653

518

373

221

PBDT

Total

-78

468

1206

1744

2314

2484

2580

2685

2801

2921

3050

3197

F
G
H

DEPRECIATION
DEFERED EXPS. W/OFF
OPERATING PROFIT

343

686

686

686

686

686

679

675

675

675

671

671

-421

-218

520

1058

1628

1797

1901

2010

2126

2247

2379

2525

INCOME TAX

-13

44

126

182

240

252

257

262

267

272

278

285

15

20

20

20

20

20

20

20

20

20

20

20

-423

-282

374

856

1368

1525

1624

1728

1839

1955

2081

2220

-423

-282

374

856

1368

1525

1624

1728

1839

1955

2081

2220

G P Margin % (PBIDT/ Net Sales)

14.00%

15.82%

18.64%

20.61%

22.76%

22.91%

22.82%

22.73%

22.63%

22.54%

22.44%

22.40%

Cash Profit % (Cash Profit / Net Sales)

-1.81%

4.19%

9.04%

12.13%

15.32%

16.28%

16.91%

17.59%

18.36%

19.14%

19.99%

20.95%

N P Margin % (NP / Net Sales)

Long Term Interest Cover

-9.75%
0.86

-2.53%
1.43

2.80%
2.12

5.96%
2.71

9.06%
3.50

10.00%
4.06

10.64%
4.67

11.32%
5.60

12.05%
7.19

12.81%
10.20

13.64%
18.63

14.55%
155.04

FBT
I

DEFERRED TAX LIABILITY

NET PROFIT AFTER TAX

Provision for Dividend+ Div. Tax Equity

Provision for Dividend+ Div. Tax Pref.

Retained earning
RATIOS:

BEPB
TOTAL INCOME

5065

11833

13406

14445

15177

15331

15331

15331

15331

15331

15331

15331

2065

4584

4896

5168

5385

5440

5440

5440

5440

5440

5440

5440

37

84

95

100

104

105

105

105

105

105

105

105

713

1630

1834

1935

2017

2037

2037

2037

2037

2037

2037

2037

90% POWER & FUEL

700

1576

1663

1751

1751

1751

1751

1751

1751

1751

1751

1751

70% SALARY & WAGES

262

606

691

748

748

748

748

748

748

748

748

748

73

153

160

165

170

174

179

183

187

192

197

197

269

692

781

771

709

717

717

717

717

717

717

717

136

200

200

200

200

200

200

200

200

200

200

200

4255

9524

10319

10838

11084

11172

11176

11180

11185

11189

11194

11194

810

2309

3086

3607

4093

4159

4155

4150

4146

4141

4137

4137

VARRIABLE COST
100% RAW MATERIAL
100% PACKING
100% STORES & SPARES
100% PROCESSING/JOB CHARGES

50% MANUFACTURING EXPS.

100% SELLING EXPENSES
INTEREST ON WORKING CAPITAL
Total
CONTRIBUTION
FIXED COST
10% POWER & FUEL

78

175

185

195

195

195

195

195

195

195

195

195

112

260

296

321

321

321

321

321

321

321

321

321

73

153

160

165

170

174

179

183

187

192

197

197

75

155

159

164

169

174

179

184

190

196

202

208

INTEREST ON TERM LOAN

551

1098

1080

1018

924

812

702

583

453

318

173

21

DEPRECIATION

343

686

686

686

686

686

679

675

675

675

671

671

1232
2527
152.02% 109.45%

2566
83.16%

2549
70.67%

2464
60.21%

2361
56.78%

2254
54.24%

2140
51.57%

2020
48.72%

1895
45.75%

1758
42.49%

1611
38.95%

30% SALARY & WAGES

50% MANUFACTURING EXPS.
100% ADMINISTRATIVE EXPENSES

Total
BEPB
D S C R :Gross Profit (PBIDT)

608

1766

2486

2963

3439

3495

3482

3468

3454

3439

3423

3417

Less: Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

Less : INCOME TAX

-13

44

126

182

240

252

257

262

267

272

278

285

485

1522

2160

2581

2999

3043

3025

3006

2987

2967

2945

2932

551

1098

1080

1018

924

812

702

583

453

318

173

21

488

976

1220

1220

1220

1464

1464

1464

1632

1052

Sub- Total
Interest on Term Loan
Repayment of Term Loan
Sub- Total
DSCR FOR PROJECT AVERAGE
(2009-2019)

551

1098

1568

1994

2144

2032

1922

2047

1917

1782

1805

1073

0.88

1.39

1.38

1.29

1.40

1.50

1.57
1.54

1.47

1.56

1.67

1.63

2.73

IIR
PBD

-80

404

1060

1542

2054

2212

2303

2403

2514

2629

2752

2892

NPV of PBD

-80

389

983

1377

1766

1831

1836

1844

1858

1872

1887

1909

Project Cost
NPV of Total Income

17471

IRR @

2471
3.85%

15000

A UNIT OF RAJASTHAN SPINNING & WEAVING MILLS LTD.

DENIM PROJECT PHASE II - PROJECTED PROFIT & LOSS ACCOUNT - RM Cost Inc. 5%
SI.No.

A.

5%
Rs. in Lacs

PARTICULARS / Y E A R----->
07-08

08-09

09-10

10-11

11-12

12-13

13-14

14-15

15-16

16-17

17-18

18-19

CAPACITY UTILISATION

70%

80%

90%

95%

99%

100%

100%

100%

100%

100%

100%

100%

POWER & FUEL

SALES RELISATION

80%
90%

90%
93%

95%
97%

100%
99%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

100%
100%

GROSS SALES
EXPORTS

2944

7567

9037

9729

10238

10341

10341

10341

10341

10341

10341

DOMESTICS

1262

3243

3873

4170

4388

4432

4432

4432

4432

4432

4432

4432

GROSS SALES

4205

10810

12910

13899

14626

14774

14774

14774

14774

14774

14774

14774

138

356

425

475

480

485

485

485

485

485

485

485

4343

11166

13335

14374

15106

15259

15259

15259

15259

15259

15259

15259

27

62

70

71

71

72

72

72

72

72

72

72

Add ~EXPORT INCENTIVES

10341

Less ~ EXCISE DUTY (Gross)

NET SALES
OTHER INCOME - WASTE SALES
- Non Operating
INCREASE/ DECREASE ~ STOCK

695

605

5065

11833

13406

14445

15177

15331

15331

15331

15331

15331

15331

15331

51.57%

44.52%

39.82%

39.04%

38.66%

38.66%

38.66%

38.66%

38.66%

38.66%

38.66%

38.66%

2168

4813

5141

5426

5655

5712

5712

5712

5712

5712

5712

5712

37

84

95

100

104

105

105

105

105

105

105

105

713

1630

1834

1935

2017

2037

2037

2037

2037

2037

2037

2037

POWER & FUEL

778

1751

1848

1945

1945

1945

1945

1945

1945

1945

1945

1945

SALARY & WAGES

374

866

988

1068

1068

1068

1068

1068

1068

1068

1068

1068

MANUFACTURING EXPS.

146

307

320

330

340

349

357

366

375

384

393

393

75

155

159

164

169

174

179

184

190

196

202

208

269

692

781

771

709

717

717

717

717

717

717

717

4561

10296

11164

11741

12008

12107

12121

12135

12149

12164

12179

12185

Total
B.
RAW MATERIAL
PACKING
STORES & SPARES
PROCESSING/JOB CHARGES

ADMINISTRATIVE EXPENSES
SELLING EXPENSES
PROVISION FOR DOUBTFULL DEBTS
Total
C.
D.

Gross Profit (PBIDT)

505

1537

2241

2704

3169

3223

3210

3196

3182

3167

3151

3145

PBIDT/ NET SALES

11.62%

13.76%

16.81%

18.81%

20.98%

21.13%

21.04%

20.95%

20.85%

20.75%

20.65%

20.61%

Interest on Term Loan

245

488

480

453

411

361

312

259

201

141

77

Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

FINANCIAL EXPS.

381

688

680

653

611

561

512

459

401

341

277

209

PBDT

Total

124

849

1561

2052

2559

2663

2698

2737

2780

2826

2874

2936

F
G
H

DEPRECIATION
DEFERED EXPS. W/OFF
OPERATING PROFIT

343

686

686

686

686

686

679

675

675

675

671

671

-219

163

875

1365

1873

1977

2019

2062

2106

2151

2203

2265

INCOME TAX

-13

44

126

182

240

252

257

262

267

272

278

285

15

20

20

20

20

20

20

20

20

20

20

20

99

729

1163

1613

1705

1742

1780

1819

1859

1905

1960

FBT
I

DEFERRED TAX LIABILITY

NET PROFIT AFTER TAX

Provision for Dividend+ Div. Tax Equity

-221

Provision for Dividend+ Div. Tax Pref.

Retained earning

-221

99

729

1163

1613

1705

1742

1780

1819

1859

1905

1960

Cash accruals (before I Tax + Dividend)

-219

163

875

1365

1873

1977

2019

2062

2106

2151

2203

2265

11.62%

13.76%

16.81%

18.81%

20.98%

21.13%

21.04%

20.95%

20.85%

20.75%

20.65%

20.61%

2.86%

7.60%

11.71%

14.27%

16.94%

17.45%

17.68%

17.94%

18.22%

18.52%

18.84%

19.24%

-5.09%
1.51

0.88%
2.74

5.47%
4.25

8.09%
5.53

10.68%
7.23

11.17%
8.38

11.42%
9.65

11.67%
11.55

11.92%
14.82

12.18%
21.02

12.49%
38.38

12.84%
319.34

RATIOS:
G P Margin % (PBIDT/ Net Sales)
Cash Profit % (Cash Profit / Net Sales)
N P Margin % (NP / Net Sales)
Long Term Interest Cover

BEPB
TOTAL INCOME

5065

11833

13406

14445

15177

15331

15331

15331

15331

15331

15331

15331

2168

4813

5141

5426

5655

5712

5712

5712

5712

5712

5712

5712

37

84

95

100

104

105

105

105

105

105

105

105

713

1630

1834

1935

2017

2037

2037

2037

2037

2037

2037

2037

90% POWER & FUEL

700

1576

1663

1751

1751

1751

1751

1751

1751

1751

1751

1751

70% SALARY & WAGES

262

606

691

748

748

748

748

748

748

748

748

748

73

153

160

165

170

174

179

183

187

192

197

197

269

692

781

771

709

717

717

717

717

717

717

717

136

200

200

200

200

200

200

200

200

200

200

200

4359

9754

10564

11097

11354

11444

11448

11452

11457

11461

11466

11466

707

2080

2841

3348

3823

3887

3883

3878

3874

3869

3865

3865

VARRIABLE COST
100% RAW MATERIAL
100% PACKING
100% STORES & SPARES
100% PROCESSING/JOB CHARGES

50% MANUFACTURING EXPS.

100% SELLING EXPENSES
INTEREST ON WORKING CAPITAL
Total
CONTRIBUTION
FIXED COST
10% POWER & FUEL

78

175

185

195

195

195

195

195

195

195

195

195

112

260

296

321

321

321

321

321

321

321

321

321

73

153

160

165

170

174

179

183

187

192

197

197

75

155

159

164

169

174

179

184

190

196

202

208

INTEREST ON TERM LOAN

245

488

480

453

411

361

312

259

201

141

77

DEPRECIATION

343

686

686

686

686

686

679

675

675

675

671

671

926
130.96%

1917
92.17%

1966
69.20%

1983
59.22%

1951
51.02%

1910
49.15%

1864
48.00%

1816
46.83%

1768
45.64%

1718
44.41%

1661
42.99%

1600
41.40%

30% SALARY & WAGES

50% MANUFACTURING EXPS.
100% ADMINISTRATIVE EXPENSES

Total
BEPB
D S C R :Gross Profit (PBIDT)

505

1537

2241

2704

3169

3223

3210

3196

3182

3167

3151

3145

Less: Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

Less : INCOME TAX

-13

44

126

182

240

252

257

262

267

272

278

285

382

1293

1915

2322

2729

2771

2753

2734

2715

2695

2673

2660

245

488

480

453

411

361

312

259

201

141

77

488

976

1220

1220

1220

1464

1464

1464

1632

1052

Sub- Total
Interest on Term Loan
Repayment of Term Loan
Sub- Total
DSCR FOR PROJECT AVERAGE
(2009-2019)

245

488

968

1429

1631

1581

1532

1723

1665

1605

1709

1061

1.56

2.65

1.98

1.63

1.67

1.75

1.80
1.77

1.59

1.63

1.68

1.56

2.51

IIR
PBD

122

785

1415

1850

2299

2391

2421

2455

2493

2534

2576

2631

NPV of PBD

122

745

1276

1584

1869

1846

1775

1710

1649

1591

1537

1490

Project Cost
NPV of Total Income

17195

IRR @

2195
5.30%

15000

A UNIT OF RAJASTHAN SPINNING & WEAVING MILLS LTD.

DENIM PROJECT PHASE II - PROJECTED PROFIT & LOSS ACCOUNT - Sales Decrease . 5%
SI.No.

A.

5%
Rs. in Lacs

PARTICULARS / Y E A R----->
07-08

08-09

09-10

10-11

11-12

12-13

13-14

14-15

15-16

16-17

17-18

18-19

CAPACITY UTILISATION

70%

80%

90%

95%

99%

100%

100%

100%

100%

100%

100%

100%

POWER & FUEL

SALES RELISATION

80%
85%

90%
88%

95%
92%

100%
94%

100%
95%

100%
95%

100%
95%

100%
95%

100%
95%

100%
95%

100%
95%

100%
95%

GROSS SALES
EXPORTS

2780

7160

8571

9238

9726

9824

9824

9824

9824

9824

9824

DOMESTICS

1191

3069

3673

3959

4168

4210

4210

4210

4210

4210

4210

4210

GROSS SALES

3972

10228

12245

13197

13894

14035

14035

14035

14035

14035

14035

14035

138

356

425

475

480

485

485

485

485

485

485

485

4110

10584

12670

13672

14374

14520

14520

14520

14520

14520

14520

14520

27

62

70

71

71

72

72

72

72

72

72

72

Add ~EXPORT INCENTIVES

9824

Less ~ EXCISE DUTY (Gross)

NET SALES
OTHER INCOME - WASTE SALES
- Non Operating
INCREASE/ DECREASE ~ STOCK

695

605

4832

11252

12740

13743

14446

14592

14592

14592

14592

14592

14592

14592

52.00%

44.81%

39.98%

39.16%

38.76%

38.76%

38.76%

38.76%

38.76%

38.76%

38.76%

38.76%

2065

4584

4896

5168

5385

5440

5440

5440

5440

5440

5440

5440

37

84

95

100

104

105

105

105

105

105

105

105

713

1630

1834

1935

2017

2037

2037

2037

2037

2037

2037

2037

POWER & FUEL

778

1751

1848

1945

1945

1945

1945

1945

1945

1945

1945

1945

SALARY & WAGES

374

866

988

1068

1068

1068

1068

1068

1068

1068

1068

1068

MANUFACTURING EXPS.

146

307

320

330

340

349

357

366

375

384

393

393

75

155

159

164

169

174

179

184

190

196

202

208

269

692

781

771

709

717

717

717

717

717

717

717

4457

10067

10920

11482

11739

11835

11849

11863

11877

11892

11907

11913

Total
B.
RAW MATERIAL
PACKING
STORES & SPARES
PROCESSING/JOB CHARGES

ADMINISTRATIVE EXPENSES
SELLING EXPENSES
PROVISION FOR DOUBTFULL DEBTS
Total
C.
D.

Gross Profit (PBIDT)

374

1185

1821

2261

2707

2757

2743

2729

2715

2700

2685

2679

PBIDT/ NET SALES

9.11%

11.19%

14.37%

16.53%

18.83%

18.99%

18.89%

18.80%

18.70%

18.60%

18.49%

18.45%

Interest on Term Loan

245

488

480

453

411

361

312

259

201

141

77

Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

381

688

680

653

611

561

512

459

401

341

277

209

-6

497

1140

1608

2097

2196

2231

2270

2314

2359

2408

2469

343

686

686

686

686

686

679

675

675

675

671

671

-349

-189

922

1411

1510

1552

1595

1639

1684

1737

1798

-13

44

126

182

240

252

257

262

267

272

278

285

15

20

20

20

20

20

20

20

20

20

20

20

-351

-253

308

720

1151

1238

1275

1313

1352

1392

1439

1493

-351

-253

308

720

1151

1238

1275

1313

1352

1392

1439

1493

FINANCIAL EXPS.

Total
E

PBDT

F
G
H

DEPRECIATION
DEFERED EXPS. W/OFF
OPERATING PROFIT

INCOME TAX
FBT

DEFERRED TAX LIABILITY

NET PROFIT AFTER TAX

Provision for Dividend+ Div. Tax Equity

Provision for Dividend+ Div. Tax Pref.

Retained earning

454

RATIOS:
G P Margin % (PBIDT/ Net Sales)

9.11%

11.19%

14.37%

16.53%

18.83%

18.99%

18.89%

18.80%

18.70%

18.60%

18.49%

18.45%

Cash Profit % (Cash Profit / Net Sales)

-0.15%

4.69%

9.00%

11.76%

14.59%

15.12%

15.37%

15.63%

15.93%

16.25%

16.58%

17.01%

N P Margin % (NP / Net Sales)

Long Term Interest Cover

-8.55%
0.97

-2.39%
2.02

2.43%
3.38

5.27%
4.55

8.00%
6.10

8.53%
7.09

8.78%
8.15

9.05%
9.75

9.31%
12.50

9.59%
17.71

9.91%
32.31

10.28%
268.74

BEPB
TOTAL INCOME

4832

11252

12740

13743

14446

14592

14592

14592

14592

14592

14592

14592

2065

4584

4896

5168

5385

5440

5440

5440

5440

5440

5440

5440

37

84

95

100

104

105

105

105

105

105

105

105

713

1630

1834

1935

2017

2037

2037

2037

2037

2037

2037

2037

90% POWER & FUEL

700

1576

1663

1751

1751

1751

1751

1751

1751

1751

1751

1751

70% SALARY & WAGES

262

606

691

748

748

748

748

748

748

748

748

748

73

153

160

165

170

174

179

183

187

192

197

197

269

692

781

771

709

717

717

717

717

717

717

717

136

200

200

200

200

200

200

200

200

200

200

200

4255

9524

10319

10838

11084

11172

11176

11180

11185

11189

11194

11194

577

1728

2421

2905

3361

3420

3416

3412

3407

3403

3398

3398

VARRIABLE COST
100% RAW MATERIAL
100% PACKING
100% STORES & SPARES
100% PROCESSING/JOB CHARGES

50% MANUFACTURING EXPS.

100% SELLING EXPENSES
INTEREST ON WORKING CAPITAL
Total
CONTRIBUTION
FIXED COST
10% POWER & FUEL

78

175

185

195

195

195

195

195

195

195

195

195

112

260

296

321

321

321

321

321

321

321

321

321

73

153

160

165

170

174

179

183

187

192

197

197

75

155

159

164

169

174

179

184

190

196

202

208

INTEREST ON TERM LOAN

245

488

480

453

411

361

312

259

201

141

77

DEPRECIATION

343

686

686

686

686

686

679

675

675

675

671

671

926
1917
160.58% 110.95%

1966
81.23%

1983
68.26%

1951
58.04%

1910
55.86%

1864
54.55%

1816
53.24%

1768
51.90%

1718
50.50%

1661
48.89%

1600
47.08%

30% SALARY & WAGES

50% MANUFACTURING EXPS.
100% ADMINISTRATIVE EXPENSES

Total
BEPB
D S C R :Gross Profit (PBIDT)

374

1185

1821

2261

2707

2757

2743

2729

2715

2700

2685

2679

Less: Interest on Working Capital

136

200

200

200

200

200

200

200

200

200

200

200

Less : INCOME TAX

-13

44

126

182

240

252

257

262

267

272

278

285

251

941

1495

1879

2267

2305

2286

2267

2248

2228

2207

2194

245

488

480

453

411

361

312

259

201

141

77

488

976

1220

1220

1220

1464

1464

1464

1632

1052

Sub- Total
Interest on Term Loan
Repayment of Term Loan
Sub- Total
DSCR FOR PROJECT AVERAGE
(2009-2019)

245

488

968

1429

1631

1581

1532

1723

1665

1605

1709

1061

1.03

1.93

1.54

1.31

1.39

1.46

1.49
1.44

1.32

1.35

1.39

1.29

2.07

IIR
PBD

-8

433

994

1406

1837

1924

1954

1988

2027

2067

2110

2164

NPV of PBD

-8

431

985

1385

1801

1877

1898

1921

1949

1978

2009

2051

Project Cost
NPV of Total Income

18277

IRR @

3277
0.49%

15000