PROJECTED PROFITABILITY STATEMENT AKSHAY ASHOK RAMTEKE (Rs in Lakh)

Particulars 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032

PROJ PROJ PROJ PROJ PROJ PROJ PROJ
1. Gross Sales
a. Local Sales 42.00 52.50 65.63 82.03 102.54 128.17 160.22
b. Export Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00
c. Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00
d. Misc. Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Sales 42.00 52.50 65.63 82.03 102.54 128.17 160.22

Total 42.00 52.50 65.63 82.03 102.54 128.17 160.22

2. Less Excise Duty 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3. Net Sales 42.00 52.50 65.63 82.03 102.54 128.17 160.22
4. Percentage of rise 25.00 25.00 25.00 25.00 25.00 25.00
5. Cost of Sales
a. Raw Materials consumed 35.70 36.75 45.94 57.42 71.78 89.72 112.15
I. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ii. Indigenous 35.70 36.75 45.94 57.42 71.78 89.72 112.15
b. Stores and Spares 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I. Imported
ii. Indigenous ( packing material)
c. Power and Fuel 0.00 0.00 0.00 0.00 0.00 0.00 0.00
d. Direct Labour 0.00 0.00 0.00 0.00 0.00 0.00 0.00
e. Repairs and Maintenance 0.00 0.00 0.00 0.00 0.00 0.00 0.00
f. Other Manufacturing Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00
g. Depreciation 1.80 1.53 1.30 1.11 0.94 0.80 0.68
h. Sub-Total 37.50 38.28 47.24 58.53 72.72 90.52 112.83
Add Opening Stock in Process 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Less Closing Stock in Process 0.00 0.00 0.00 0.00 0.00 0.00 0.00
6. Cost Of Production 37.50 38.28 47.24 58.53 72.72 90.52 112.83
Add Opening Stock of Finished Goods 0.00 7.44 7.66 9.57 11.96 14.95 18.69
Less Closing Stock of Finished Goods 7.44 7.66 9.57 11.96 14.95 18.69 23.37
7. Cost of Sales 30.06 38.06 45.32 56.13 69.73 86.78 108.16
8. Gross Profit 11.94 14.44 20.30 25.90 32.81 41.39 52.06
9. Selling, General & Admn. Expenses 0.42 0.53 0.66 0.82 1.03 1.28 1.60
10. Financial Charges/Interest 0.72 0.72 0.72 0.72 0.72 0.72 0.72
11. Sub-Total 31.20 39.31 46.70 57.68 71.47 88.78 110.48
12. Operating Profit 10.80 13.19 18.92 24.36 31.07 39.39 49.74
13. Add-Income
i. Interest Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ii. Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00
iii.Remuneration & share from P Firm 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Sub-Total(Income) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deduct Non-operating Expenses
I. Directors remuneration 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ii. Other 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Sub-Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net off other Non-operating Income/exp. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
14. Profit Before Tax 10.80 13.19 18.92 24.36 31.07 39.39 49.74
15. Provision for Taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Defferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00
16. Profit After Taxes 10.80 13.19 18.92 24.36 31.07 39.39 49.74
17 Withdrawal
NP RATIO 25.71 25.13 28.84 29.69 30.30 30.73 31.04

LIABILITIES 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032

PROJ PROJ PROJ PROJ PROJ PROJ PROJ
1. Share Capital 1.00 9.60 20.37 36.63 58.06 85.91 121.76
2. Share premium 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3. Reserves-General 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4. Drawing -2.20 -2.42 -2.66 -2.93 -3.22 -3.54 -3.90
5. Share application money 0.00 0.00 0.00 0.00 0.00 0.00 0.00
6. P & L Account (profit) 10.80 13.19 18.92 24.36 31.07 39.39 49.74
Sub-Total 9.60 20.37 36.63 58.06 85.91 121.76 167.60
TERM LIABILITIES
7. Term Loans-Banks 12.00 12.00 12.00 12.00 12.00 12.00 12.00
8. Term Loans-Fis. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
9. Deposits payable after one year. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
10.Deferred Payment Credits 0.00 0.00 0.00 0.00 0.00 0.00 0.00
11. Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00
12. Advance from Dealers 0.00 0.00 0.00 0.00 0.00 0.00 0.00
13. Term Deposits 0.00 0.00 0.00 0.00 0.00 0.00 0.00
14. Dprovision for Gratuity 0.00 0.00 0.00 0.00 0.00 0.00 0.00
15. Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00
16. Other Term Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Sub-Total 12.00 12.00 12.00 12.00 12.00 12.00 12.00
CURRENT LIABILITIES
17. Bank Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00
18. Short Term Borrowings from Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Short Term Borrowings from Banks 8.00 8.00 8.00 8.00 8.00 8.00 8.00
19. Deposits 0.00 0.00 0.00 0.00 0.00 0.00 0.00
20. Advance Payment from Customers 0.00 0.00 0.00 0.00 0.00 0.00 0.00
21. Sundry Creditors-For Goods 2.98 3.06 3.83 4.79 5.98 7.48 9.35
-For Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00
22. Provisions-
-For Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00
-For Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00
23. Term Loan Instalments due 0.00 0.00 0.00 0.00 0.00 0.00 0.00
24. Mobilisation Advances 0.00 0.00 0.00 0.00 0.00 0.00 0.00
25. Other Current liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other statutory liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest charges funded 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Sub-Total 10.98 11.06 11.83 12.79 13.98 15.48 17.35
Total Outside Liabilities 22.98 23.06 23.83 24.79 25.98 27.48 29.35
Grand Total-Total Liabilities 32.57 43.43 60.46 82.85 111.89 149.23 196.94

ASSETS 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032

PROJ PROJ PROJ PROJ PROJ PROJ PROJ

FIXED ASSETS
1.Gross Block 12.00 10.20 8.67 7.37 6.26 5.32 4.53
Less: Depreciation 1.80 1.53 1.30 1.11 0.94 0.80 0.68
Net Block 10.20 8.67 7.37 6.26 5.32 4.53 3.85
2. Capital Work in Progress
3. Adv.for Capital Goods
Sub-Total 10.20 8.67 7.37 6.26 5.32 4.53 3.85
Non-Current Assets
4. Investment in subsidiary Companies
5. Investment/Deposits 0.00 0.00 0.00 0.00 0.00 0.00 0.00
6. P&OP
7. Goodwill/Misc.Exp
8. Profit & Loss (loss)
9. Other Non-Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
a. Deffered Receivables
b. Other Advances 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Sub-Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CURRENT ASSETS
10. Inventory
a. Raw Materials-Imported
- Indigenous 0.00 0.00 0.00 0.00 0.00 0.00 0.00
b. Work in Process & Raw Material 0.00 0.00 0.00 0.00 0.00 0.00 0.00
c. Finished Goods 7.44 7.66 9.57 11.96 14.95 18.69 23.37
d. Stores & Spares-Impored
-Indigenous 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Sub-total 7.44 7.66 9.57 11.96 14.95 18.69 23.37
11. Sundry Debtors less than six months- Local 10.50 13.13 16.41 20.51 25.63 32.04 40.05
-Exports
11. Sundry Debtors more than six months- Local
-Exports
12. Loans and Advances 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Export Incentive/ service tax receivable/other adv
share application money
13. Advances to suppliers/customers 0.00 0.00 0.00 0.00 0.00 0.00 0.00
14. Advance Payment of Taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00
15. Deposits 0.00 0.00 0.00 0.00 0.00 0.00 0.00
16. Cash and Bank Balances 4.44 13.98 27.12 44.11 65.98 93.97 129.67
17. Other Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
a. Other Advances 0.00 0.00 0.00 0.00 0.00 0.00 0.00
b. Advances recovered in cash or kind 0.00 0.00 0.00 0.00 0.00 0.00 0.00
c. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Current Assets 22.38 34.76 53.10 76.58 106.57 144.71 193.09
TOTAL ASSETS 32.58 43.43 60.47 82.84 111.89 149.23 196.94

0.00 0.00 0.00 0.00 0.00 0.00 0.00

SELECT FINANCIAL INDICATORS

2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032
PROJ PROJ PROJ PROJ PROJ PROJ PROJ
Capital 1.00 9.60 20.37 36.63 58.06 85.91 121.76
Share premium 0.00 0.00 0.00 0.00 0.00 0.00 0.00
share application 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Reserves and Surplus 8.60 10.77 16.26 21.43 27.85 35.85 45.84
Accumulated Losses 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tangible Net Worth 9.60 20.37 36.63 58.06 85.91 121.76 167.60
Long Term loans from Banks / FIs 12.00 12.00 12.00 12.00 12.00 12.00 12.00
Debenture /Bonds/ FCCB etc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital emplyed 9.60 20.37 36.63 58.06 85.91 121.76 167.60
Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current Assets 22.38 34.76 53.10 76.58 106.57 144.71 193.09
Current liabilities (CL) 10.98 11.06 11.83 12.79 13.98 15.48 17.35
Out of CL, Bank Borrowings – OD/CC 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Out of CL, Bank Borrowings-Bills Purchased 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Working Capital 11.40 23.70 41.27 63.80 92.59 129.23 175.74
Gross Block 12.00 10.20 8.67 7.37 6.26 5.32 4.53
Depreciation (Cumulative) 1.80 1.53 1.30 1.11 0.94 0.80 0.68
Net Block 10.20 8.67 7.37 6.26 5.32 4.53 3.85
Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Non-Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Gross Sales 42.00 52.50 65.63 82.03 102.54 128.17 160.22
Net Sales 42.00 52.50 65.63 82.03 102.54 128.17 160.22
of the above Export Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Income 42.00 52.50 65.63 82.03 102.54 128.17 160.22
Operating Profit 10.80 13.19 18.92 24.36 31.07 39.39 49.74
PBDIT 13.32 15.44 20.95 26.18 32.73 40.91 51.14
Net Profit Before Tax 10.80 13.19 18.92 24.36 31.07 39.39 49.74
Net Profit After Tax 10.80 13.19 18.92 24.36 31.07 39.39 49.74
Interest 0.72 0.72 0.72 0.72 0.72 0.72 0.72
Depreciation(year wise) 1.80 1.53 1.30 1.11 0.94 0.80 0.68
Cash Accruals 12.60 14.72 20.23 25.46 32.01 40.19 50.42
Ratios
Current Ratio 2.04 3.14 4.49 5.99 7.62 9.35 11.13
TOL: TNW 2.39 1.13 0.65 0.43 0.30 0.23 0.18
Debt Equity Ratio 1.25 0.59 0.33 0.21 0.14 0.10 0.07
PBDIT: Sales % 31.71 29.42 31.92 31.92 31.92 31.92 31.92
NPBT: NS % 25.71 25.13 28.84 29.69 30.30 30.73 31.04
Term Debt / PBDIT 0.90 0.78 0.57 0.46 0.37 0.29 0.23
PBDIT/ Interest 18.50 21.45 29.09 36.36 45.45 56.82 71.02
PAT/Equity (Return on Equity) 10.80 1.37 0.93 0.66 0.54 0.46 0.41
Operating Profit: Net Sales 25.71 25.13 28.84 29.69 30.30 30.73 31.04
NPBT: Net Sales% 25.71 25.13 28.84 29.69 30.30 30.73 31.04
NPAT: Net Sales% 25.71 25.13 28.84 29.69 30.30 30.73 31.04
Bank Borrowings: Net Sales% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover-- RM 0 0 0 0 0 0 0
Inventory Turnover-- FG 89 72 76 77 77 78 78
Debtors Velocity (local) (In Days) 90 90 90 90 90 90 90
Debtors Velocity (Exports)(In Days) 0 0 0 0 0 0 0
Creditors Velocity (In Days) 30 30 30 30 30 30 30
Inventory+ receivables –Bills discounted/Sales 0.43 0.40 0.40 0.40 0.40 0.40 0.40
TOL:TNW 2.39 1.13 0.65 0.43 0.30 0.23 0.18
TOL:TNW * 2.39 1.13 0.65 0.43 0.30 0.23 0.18
Debt:Equity 1.25 0.59 0.33 0.21 0.14 0.10 0.07
Debt:Equity* 1.25 0.59 0.33 0.21 0.14 0.10 0.07

DEBT SERVICE COVERAGE RATIO 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032
PROFIT AFTER TAX 10.80 13.19 18.92 24.36 31.07 39.39 49.74
DEPRECIATION 1.80 1.53 1.30 1.11 0.94 0.80 0.68
INTEREST(CC+TL) 0.72 0.72 0.72 0.72 0.72 0.72 0.72
INSTALLMENT 0.54 0.54 0.54 0.54 0.54 0.54 0.54

PAT+DEP+INTEREST
INTEREST+INSTALLMENT 10.57 12.26 16.62 20.78 25.97 32.47 40.58

Fund Position
Particulars 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032
PROJ PROJ PROJ PROJ PROJ PROJ PROJ
LTS 21.60 32.37 48.63 70.06 97.91 133.76 179.60
LTU 10.20 8.67 7.37 6.26 5.32 4.53 3.85
Surplus/Deficit*# 11.40 23.70 41.26 63.80 92.58 129.23 175.75
Short Term Sources 10.98 11.06 11.83 12.79 13.98 15.48 17.35
Less Short Term uses 22.38 34.76 53.10 76.58 106.57 144.71 193.09
Surplus/Deficit# -11.40 -23.70 -41.27 -63.80 -92.59 -129.23 -175.74

Fund Flow Statement 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032
PROJ PROJ PROJ PROJ PROJ PROJ PROJ
LTS 21.60 10.77 27.04 37.69 49.27 63.69 81.69
LTU 10.20 -1.53 -2.83 -2.41 -2.05 -1.74 -1.48
Surplus/Deficit*# 11.40 12.30 29.87 40.10 51.32 65.43 83.16
Short Term Sources 10.98 0.09 0.85 1.72 2.15 2.69 3.36
Less Short Term uses 22.38 12.38 30.72 41.82 53.47 68.12 86.52
Surplus/Deficit# -11.40 -12.30 -29.87 -40.10 -51.32 -65.43 -83.16
NWC 11.40 23.70 41.27 63.80 92.59 129.23 175.74
Last year NWC + difff of Long term funds 11.40 23.70 41.27 63.80 92.59 129.23 175.75

Maximum Permissible Bank Finance

Particulars 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032
PROJ PROJ PROJ PROJ PROJ PROJ PROJ
1. Gross Sales 42.00 52.50 65.63 82.03 102.54 128.17 160.22
2. Net Sales 42.00 52.50 65.63 82.03 102.54 128.17 160.22
3. Of the above Export Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4. Raw Materials Consumed-Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00
-Indigenous 35.70 36.75 45.94 57.42 71.78 89.72 112.15
5. Stores and Spares 0.00 0.00 0.00 0.00 0.00 0.00 0.00
6. Cost of Production 37.50 38.28 47.24 58.53 72.72 90.52 112.83
7. Cost of Sales 30.06 38.06 45.32 56.13 69.73 86.78 108.16
8. Net Working Capital 11.40 23.70 41.27 63.80 92.59 129.23 175.74

Current Assets
1. Raw Materials-Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00
- Indigenous 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2. Work in Process 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3. Finished Goods 7.44 7.66 9.57 11.96 14.95 18.69 23.37
4. Stores and Spares 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Sub-total 7.44 7.66 9.57 11.96 14.95 18.69 23.37
5. Sundry Debtors-Local 10.50 13.13 16.41 20.51 25.63 32.04 40.05
-Exports 0.00 0.00 0.00 0.00 0.00 0.00 0.00
6. Other Current Assets 4.44 13.98 27.12 44.11 65.98 93.97 129.67
8. Total Current Assets 22.38 34.76 53.10 76.58 106.57 144.71 193.09
9. Sundry Creditors 2.98 3.06 3.83 4.79 5.98 7.48 9.35
10. Other Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00
11. Total Current Liablities 2.98 3.06 3.83 4.79 5.98 7.48 9.35
12. Working Capital Gap 19.40 31.70 49.27 71.80 100.59 137.23 183.74
13. 25% of the Current Assets 5.59 8.69 13.27 19.15 26.64 36.18 48.27
14. Actual/Projected NWC 11.40 23.70 41.27 63.80 92.59 129.23 175.74
15. M P B F 14.55 23.77 36.95 53.85 75.44 102.92 137.81
16. Actual/Projected Bank Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00
17. Excess Borrowings 14.55 23.77 36.95 53.85 75.44 102.92 137.81
 INVENTORIES/DEBTORS/CREDITORS LEVELS ( In Months)
Particulars 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2031-2032
PROJ PROJ PROJ PROJ PROJ PROJ PROJ
1. Raw Materials 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0 0 0 0 0 0 0
2. Work In Process 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0 0 0 0 0 0 0
3. Finished Goods 2.97 2.41 2.53 2.56 2.57 2.58 2.59
89 72 76 77 77 78 78
4. Stores and Spares 0.00 0.00 0.00 0.00 0.00 0.00 0.00

5. Recievables-Local 3.00 3.00 3.00 3.00 3.00 3.00 3.00

90 90 90 90 90 90 90
-Exports 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0 0 0 0 0 0 0
6. Sundry Creditors 1.00 1.00 1.00 1.00 1.00 1.00 1.00
30 30 30 30 30 30 30

CALCULATION OF DRAWING POWER

Stock 7.44 7.66 9.57 11.96 14.95 18.69 23.37
Creditors 2.98 3.06 3.83 4.79 5.98 7.48 9.35
NET for DP 4.46 4.59 5.74 7.18 8.97 11.22 14.02
DP with 25% Margin 3.35 3.45 4.31 5.38 6.73 8.41 10.51

Bood Debts 10.50 13.13 16.41 20.51 25.63 32.04 40.05

DP with 40% Margin 6.30 7.88 9.84 12.30 15.38 19.23 24.03

Total DP 9.65 11.32 14.15 17.69 22.11 27.64 34.55