DETAILED PROJECT REPORT FOR

AMARINDER SINGH
Constitution (Legal Status) - Individual
COMMERCIAL VEHICLE

Business Office Address:

C/O KARNAIL SINGH
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

This project is for Commercial taxi for rentral services at Mohali (Punjab ) and for that purpose a new commercial vehicle has been propsed to purchase at same site. It is a
Proprietorship business owned by MrAmarinder Singh. The proprietor hail from business family and is having experience in this line of business.

Now it is proposed to start operation with financial assistance from a suitable commercial bank. Hence this project Report is presented.
 #REF!

I N D E X
CONTENTS PAGE NO

CHAPTER :
PROJECT AT GLANCE 1
COST OF THE PROJECT AND MEANS OF FINANCE 1
PROJECTIONS AND PROFITABILITY STATEMENT 2
BALANCE SHEET 3
CASH - FLOW STATEMENT 4

ANNEXURES
DEPRECIATION SCHEDULE 5
INTEREST SCHEDULE 6
BREAK EVEN ANALYSIS 7
DEBT COVERAGE RATIO 9
ANALYSIS ON RETURN ON INVESTMENT 10
ASSUMPTION AND WORKING NOTES 11
 PROJECT AT GLANCE :

1 Name : AMARINDER SINGH

2 Address : C/O KARNAIL SINGH
3 Nature of Business : COMMERCIAL VEHICLE
4 Constitution : Proprietorship
5 Address : # Village Khizargarh, Karala, SAS Nagar (Mohali) 140601
6 Mobile No :
7 Email Id :
8 Type of Loan : Term Loan -MSME
9 Duration of Loan : 5 Years
10 Rate of Interest : 11.00%

11 Cost of the project : (Rs. In Lakhs)

Particulars Total

Operational Cost -
Furniture & Fittings -
Office Equipemnts -
Plant & Machinary Commercial Vehicle 669,051.00
Interest during the impl. Period
Total 669,051.00

12 Means of Finance :
Particulars Total
Proprietor Contribution 169,051.00
Term Loan from Bank / Institution 500,000.00

Total 669,051.00

13 Gross Profit Ratio : 23.01

14 Net Profit Ratio : 20.25
15 Employment Potential : 1

AMARINDER SINGH
Prop.

Page 1 of 11
AMARINDER SINGH
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

STATEMENT NO.1
PROJECTIONS AND PROFITABILITY STATEMENT In Lakhs
Operating years
PARTICULARS
1 2 3 4 5
70% 75% 80% 85% 90%
A.INCOME:
Income from Business Sales 1,130,500.00 1,211,250.00 1,292,000.00 1,372,750.00 1,453,500.00
Other Income - - -
1,130,500.00 1,211,250.00 1,292,000.00 1,372,750.00 1,453,500.00
B. EXPENSES:
Cost of Good Sold
Opening stock - - - - -
Add: Purchases - - - - -
Less: Clossing Stock - - - - -
Cost of Good Sold - - - - -
Salary - - - - -
Disel 735,000.00 759,375.00 810,000.00 775,625.00 821,250.00
Other Expenses# 25,000.00 30,000.00 36,000.00 43,200.00 51,840.00
Insurance 10,000.00 9,000.00 8,100.00 7,290.00 6,561.00
Depreciation 100,357.65 85,304.00 72,508.40 61,632.14 52,387.32
Cost of Operations 870,357.65 883,679.00 926,608.40 887,747.14 932,038.32

C. Gross Profit [ A - B ] 260,142.35 327,571.00 365,391.60 485,002.86 521,461.68

D. Interest: on loan 31,213.99 46,685.33 37,083.60 26,580.45 15,241.69

31,213.99 46,685.33 37,083.60 26,580.45 15,241.69

E. Selling & Admin. Exp. - - - -

F. Profit before Tax[ C - (D+E) ] 228,928.36 280,885.67 328,308.00 458,422.41 506,219.99

G. Income Tax - - -

H. Profit after Tax ( F-G ) 228,928.36 280,885.67 328,308.00 458,422.41 506,219.99

I. Depreciation added back 100,357.65 85,304.00 72,508.40 61,632.14 52,387.32

J. Cash Accruals ( H + I ) 329,286.01 366,189.67 400,816.40 520,054.55 558,607.31

K. Repayment of Term Principal Amount

44,884.49
only 83,769.21 93,370.94 100,302.35 108,806.94
L. Repayment of Unsec Loan
M. Net Cash A'ble (J - K)) 284,401.52 282,420.46 307,445.46 419,752.20 449,800.37

GP RATIO 23.01 27.04 28.28 35.33 35.88

NP RATIO 20.25 23.19 25.41 33.39 34.83

AMARINDER SINGH
Prop.
AMARINDER SINGH
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

STATEMENT No. 2
BALANCE SHEET
In Lakhs
Operating Years

PARTICULARS
1 2 3 4 5

A. LIABILITIES :
Capital Account 169,051.00 366,765.36 600,965.69 892,190.10 1,324,032.06
Add Net Profit 228,928.36 280,885.67 328,308.00 458,422.41 506,219.99
less Drawings 31,214.00 46,685.33 37,083.59 26,580.45 15,241.69
366,765.36 600,965.69 892,190.10 1,324,032.06 1,815,010.36
Secured Loan -
Unsecured Loans 455,115.51 371,346.30 277,975.36 177,673.01 68,866.07
Current Liabilities - -
Other Liab
TOTAL 821,880.87 972,312.00 1,170,165.47 1,501,705.08 1,883,876.43

B. ASSETS :
Fixed Assets 568,693.35 483,389.35 410,880.95 349,248.80 296,861.48
Current Assets - - - - -
Closing Stock - - - - -
Cash & Cash
Equivalents 253,187.52 488,922.66 759,284.52 1,152,456.27 1,587,014.95
Investment - - -

TOTAL 821,880.87 972,312.00 1,170,165.47 1,501,705.08 1,883,876.43

AMARINDER SINGH
Prop.
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

STATEMENT No. 3
CASH - FLOW STATEMENT :
In Lakhs
Operating Years
PARTICULARS
1 2 3 4 5

A. Source of Funds :
Profit after Tax 228,928.36 280,885.67 328,308.00 458,422.41 506,219.99
Depreciation 100,357.65 85,304.00 72,508.40 61,632.14 52,387.32
Term Loan from Bank 500,000.00 - - - -
Promoters Contribution 169,051.00 - -
Unsecured Loan - - -
TOTAL OF ' A ' 998,337.01 366,189.67 400,816.40 520,054.55 558,607.31

B. Application of Funds :
Plant & Machinary 669,051.00 - - -
Decrease in CL - -
Others expenses - - - - -
Repayment of loan Principal 44,884.49 83,769.21 93,370.94 100,302.35 108,806.94
Int. on loan 31,213.99 46,685.33 37,083.60 26,580.45 15,241.69
TOTAL OF ' B ' 745,149.48 130,454.54 130,454.54 126,882.80 124,048.63

C. Opening Balance - 253,187.52 488,922.66 759,284.52 1,152,456.27

D. Net surplus ( A - B ) 253,187.52 235,735.13 270,361.86 393,171.75 434,558.68

E. Closing Balance 253,187.52 488,922.66 759,284.52 1,152,456.27 1,587,014.95

AMARINDER SINGH
Prop
AMARINDER SINGH
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

ANNEXURE NO.1

DEPRECIATION SCHEDULE:
WDV at the year end

PARTICULARS
1 2 3 4 5

1. Land & Building - - - - -

WDV - - - - -

2. Furniture & Fittings - - - - -

Depreciation @ 10% - - - - -
WDV - - - - -

3. Office Equipts - - - - -
Depreciation @ 15% - - - - -
WDV - - - - -

4. Plant & Machinary 669,051.00 568,693.35 483,389.35 410,880.95 349,248.80

Depreciation @ 15% 100,357.65 85,304.00 72,508.40 61,632.14 52,387.32
WDV 568,693.35 483,389.35 410,880.95 349,248.80 296,861.48

Total Assets
[1+2+3+4] 568,693.35 483,389.35 410,880.95 349,248.80 296,861.48

Total Depreciation
[1+2+3+4] 100,357.65 85,304.00 72,508.40 61,632.14 52,387.32

AMARINDER SINGH
Prop
AMARINDER SINGH
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

ANNEXURE NO.2
INTEREST SCHEDULE : (Rs. in Lakhs)
Loan Interest per Principal
QTR Opening Bal Clossing Bal EMI per qtr
Repayment qtr Int. P.a. P.a.
1 1 -
2 500,000.00 6,287.88 493,712.12 4583.33 10871
3 493,712.12 19,036.55 474,675.57 13577.08 32614
4 474,675.57 19,560.06 455,115.51 13053.58 31213.99 44884.49 32614
2 1 455,115.51 20,097.96 435,017.56 12515.68 32614
2 435,017.56 20,650.65 414,366.90 11962.98 32614
3 414,366.90 21,218.54 393,148.36 11395.09 32614
4 393,148.36 21,802.05 371,346.30 10811.58 46685.33 83769.21 32614
3 1 371,346.30 22,401.61 348,944.69 10212.02 32614
2 348,944.69 23,017.66 325,927.04 9595.98 32614
3 325,927.04 23,650.64 302,276.40 8962.99 32614
4 302,276.40 24,301.03 277,975.36 8312.60 37083.60 93370.94 32614
4 1 277,975.36 24,969.31 253,006.05 7644.32 32614
2 253,006.05 22,084.23 230,921.82 6957.67 32614
3 230,921.82 26,263.28 204,658.54 6350.35 32614
4 204,658.54 26,985.52 177,673.01 5628.11 26580.45 100302.35 32614
5 1 177,673.01 27,727.63 149,945.39 4886.01 32614
2 149,945.39 22,084.23 127,861.16 4123.50 32614
3 127,861.16 29,097.45 98,763.70 3516.18 32614
4 98,763.70 29,897.63 68,866.07 2716.00 15241.69 108806.94 32614
6 1 68,866.07 30,719.82 38,146.25 1893.82 32614
2 38,146.25 22,084.23 16,062.02 1049.02 32614
3 16,062.02 16,062.00 441.71 21742
4 3384.54 68866.05 0
7

TOTAL 156805.06 499999.98 656805

NOTE : Interest on Term Loan is calculated at 11% per annum

Period of Term Loan is 5yrs

Loan Amount 500000

Rate Of Interest PA 11.00%
Rate of Interest per month0.009166667 AMARINDER SINGH
No. of Installments 60 Prop.
EMI 10,871
AMARINDER SINGH
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

ANNEXURE NO. 3
BREAK-EVEN ANALYSIS
Years

1 2 3 4 5

A. Receipts/ sales 1,130,500.00 1,211,250.00 1,292,000.00 1,372,750.00 1,453,500.00

B. Variable cost: 870,357.65 883,679.00 926,608.40 887,747.14 932,038.32

C. Fixed costs:
Depreciation 100,357.65 85,304.00 72,508.40 61,632.14 52,387.32
Interest on Term Loan 46685.33 83769.21 37083.60 26580.45 15241.69
Administration Expenses 0.00 0.00 0.00 0.00 0.00
147042.98 169073.21 109592.00 88212.59 67629.01

E. Contribution [ A - B ] 260142.35 327571.00 365391.60 485002.86 521461.68

F. P.V.Ratio [ E/B x 100 ] 23.01 27.04 28.28 35.33 35.88

G. Break - even [ Value ]

[ C / F x 100 ] 639004.33 625177.23 387509.90 249676.54 188506.21

H. Cash Break Even 202880.33 309751.03 131125.09 75233.19 42484.03

[ Without Depreciation]

AMARINDER SINGH
Prop.
AMARINDER SINGH
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

ANNEXURE NO.4
DEBT SERVICE COVERAGE RATIO :
Operating Years

1 2 3 4 5

A. SOURCES :
Profit after tax 228,928.36 280,885.67 328,308.00 458,422.41 506,219.99
Depreciation 100,357.65 85,304.00 72,508.40 61,632.14 52,387.32
Interest on term loan 31,213.99 46,685.33 37,083.60 26,580.45 15,241.69
TOTAL OF ' A ' 360,500.00 412,875.00 437,900.00 546,635.00 573,849.00

B DEBT :
Term loan installment Principal 44,884.49 83,769.21 93,370.94 100,302.35 108,806.94
Interest on Term Loan 31,213.99 46,685.33 37,083.60 26,580.45 15,241.69

TOTAL OF ' B ' 76,098.48 130,454.54 130,454.54 126,882.80 124,048.63

C Debt Service Coverage Ratio

DSCR [A/B] 4.74 3.16 3.36 4.31 4.63

D Average DSCR 4.04

AMARINDER SINGH
# Village Khizargarh, Karala, SAS Nagar (Mohali) 140601

ANNEXURE NO.5
ANALYSIS OF RETURN ON INVESTMENT :
1. Return on Investment = Average Return x 100
Capital Employed

2. Return Profit
= before tax + Depreciation + Interest on term loan

3. Capital Employed Cost

= of the Project

RETURN ON INVESTMENT :

OPERTING YEARS
PARTICULARS
1 2 3 4 5
Profit before tax 228,928.36 280,885.67 328,308.00 458,422.41 506,219.99

Depreciation 100,357.65 85,304.00 72,508.40 61,632.14 52,387.32

Interest on Term Loan 31,213.99 46,685.33 37,083.60 26,580.45 15,241.69

360,500.00 412,875.00 437,900.00 546,635.00 573,849.00

# Average Return 466,351.80

# Capital Employed 669,051.00

AMARINDER SINGH
# Return on Investment 69.70 %