Arvind Kumar

Indian

Chandra Deep Rajak

Bigrahpur, Near Sahid Ganesh Indane Gas Office, GPO

Patna Sadar
Patna
800001 Bihar
[email protected]
9709701061

14.69 Lakhs

Rs.9.23 Lakhs
Rs 3.67 Lakhs
Rs.0.73 Lakhs
Rs.4. 7 Lakhs

Particulars Amount
Land Own/Rented
Building /Shed 1500 Sq ft 5.00
Plant & Machinery 4.00
Furniture & Fixtures 1.25
Working Capital 4.44
Total 14.69

Particulars Amount
Own Contribution 1.47
Term Loan 9.23
Working Capital 4.00
Total 14.69
PROJECTED BALANCE SHEET

PARTICULARS I II III IV V

SOURCES OF FUND
Capital
Account

Opening Balance - 2.70 3.70 5.84 8.05

Add: Additions 1.47 - - - -
Add: Net Profit 1.23 2.00 3.64 5.21 6.93
Less: Drawings - 1.00 1.50 3.00 5.00
Closing Balance 2.70 3.70 5.84 8.05 9.98
CC Limit 4.00 4.00 4.00 4.00 4.00
Term Loan 8.20 6.15 4.10 2.05 -
Sundry Creditors 0.31 0.36 0.41 0.47 0.53

TOTAL : 15.20 14.20 14.35 14.56 14.50

APPLICATION OF FUND

Fixed Assets ( Gross) 10.25 10.25 10.25 10.25 10.25

Gross Dep. 1.23 2.30 3.24 4.06 4.78

Net Fixed Assets 9.03 7.95 7.01 6.19 5.47

Current Assets
Sundry Debtors 3.63 4.27 4.90 5.58 6.32
Stock in Hand 1.50 1.70 1.93 2.19 2.46
Cash and Bank 1.05 0.28 0.50 0.61 0.26

TOTAL : 15.20 14.20 14.35 14.56 14.50

- - - - -
PROJECTED PROFITABILITY STATEMENT

PARTICULARS I II III IV V

A) SALES
Gross Sale 36.26 42.73 49.05 55.77 63.21

Total (A) 36.26 42.73 49.05 55.77 63.21

B) COST OF SALES

Raw Mateiral Consumed 18.63 21.51 24.62 28.02 31.69

Electricity Expenses 1.12 1.23 1.34 1.46 1.57
Repair & Maintenance 0.18 0.21 0.25 0.28 0.32
Labour & Wages 5.87 6.46 7.11 7.82 8.60

Depreciation 1.23 1.07 0.94 0.82 0.72

Cost of Production 27.03 30.49 34.26 38.40 42.90

Add: Opening Stock /WIP - 0.63 0.70 0.78 0.88

Less: Closing Stock /WIP 0.63 0.70 0.78 0.88 0.98

Cost of Sales (B) 26.40 30.42 34.17 38.30 42.79

C) GROSS PROFIT (A-B) 9.86 12.31 14.87 17.46 20.42

27.19% 28.80% 30.32% 31.31% 32.30%
D) Bank Interest (Term Loan ) 1.00 0.82 0.59 0.37 0.14
ii) Interest On Working Capital 0.44 0.44 0.44 0.44 0.44
E) Salary to Staff 3.56 3.92 4.31 4.74 5.22
F) Selling & Adm Expenses Exp. 3.63 5.13 5.89 6.69 7.59

TOTAL (D+E) 8.63 10.30 11.23 12.24 13.38

H) NET PROFIT 1.23 2.00 3.64 5.22 7.03

3.4% 4.7% 7.4% 9.4% 11.1%
I) Taxation - - - 0.01 0.10

J) PROFIT (After Tax) 1.23 2.00 3.64 5.21 6.93

PROJECTED CASH FLOW STATEMENT

PARTICULARS I II III IV V

SOURCES OF FUND

Own Contribution 1.47 -

Net Profit 1.23 2.00 3.64 5.22 7.03
Depreciation & Exp. W/off 1.23 1.07 0.94 0.82 0.72
Increase In Cash Credit 4.00
Increase In Term Loan 9.23 - - - -
Increase in Creditors 0.31 0.05 0.05 0.06 0.06
TOTAL : 17.45 3.12 4.63 6.10 7.82

APPLICATION OF FUND

Increase in Fixed Assets 10.25 - - - -

Increase in Stock 1.50 0.20 0.23 0.25 0.27
Increase in Debtors 3.63 0.65 0.63 0.67 0.74
Repayment of Term Loan 1.03 2.05 2.05 2.05 2.05
Taxation - - - 0.01 0.10

Drawings - 1.00 1.50 3.00 5.00

TOTAL : 16.40 3.90 4.41 5.99 8.17

Opening Cash & Bank Balance - 1.05 0.28 0.50 0.61

Add : Surplus 1.05 - 0.78 0.22 0.12 - 0.35

Closing Cash & Bank Balance 1.05 0.28 0.50 0.61 0.26
COMPUTATION OF CLOSING STOCK & WORKING CAPITAL

PARTICULARS I II III IV V

Finished Goods
(7 Days requirement) 0.63 0.70 0.78 0.88 0.98
Raw Material
(14 Days requirement) 0.87 1.00 1.15 1.31 1.48

Closing Stock 1.50 1.70 1.93 2.19 2.46

COMPUTATION OF WORKING CAPITAL REQUIREMENT

Particulars Amount Margin(10%) Net

Amount
Stock in Hand 1.50
Less:
Sundry Creditors 0.31
Paid Stock 1.19 0.12 1.07

Sundry Debtors 3.63 0.36 3.26

Working Capital Requirement 4.33

Margin 0.48

MPBF 4.33
Working Capital Demand 4.00
BREAK UP OF LABOUR

Particulars Wages No of Total

Per Month Employees Salary

Plant Operator 15,000.00 1 15,000.00

Unskilled Worker 8,500.00 2 17,000.00
Helper 5,000.00 1 5,000.00
Security Guard 7,500.00 1 7,500.00

44,500.00
Add: 10% Fringe Benefit 4,450.00
Total Labour Cost Per Month 48,950.00
Total Labour Cost for the year ( In Rs. Lakhs) 5 5.87

BREAK UP OF SALARY

Particulars Salary No of Total

Per Month Employees Salary

Accountant cum store keeper 10,000.00 1 10,000.00

Administrative Staffs 8,500.00 2 17,000.00

Total Salary Per Month 27,000.00

Add: 10% Fringe Benefit 2,700.00

Total Salary for the month 29,700.00

Total Salary for the year ( In Rs. Lakhs) 3 3.56

COMPUTATION OF DEPRECIATION

Plant &
Description Land Building/shed Machinery Furniture TOTAL

Rate of Depreciation 10.00% 15.00% 10.00%

Opening Balance Own/Rented - - -
Addition - 5.00 4.00 1.25 10.25
- 5.00 4.00 1.25 10.25

TOTAL 5.00 4.00 1.25 10.25

Less : Depreciation - 0.50 0.60 0.13 1.23
WDV at end of Ist year - 4.50 3.40 1.13 9.03
Additions During The Year - - - - -
- 4.50 3.40 1.13 9.03

Less : Depreciation - 0.45 0.51 0.11 1.07

WDV at end of IInd Year - 4.05 2.89 1.01 7.95
Additions During The Year - - - - -
- 4.05 2.89 1.01 7.95
Less : Depreciation - 0.41 0.43 0.10 0.94
WDV at end of IIIrd year - 3.65 2.46 0.91 7.01
Additions During The Year - - - - -
- 3.65 2.46 0.91 7.01

Less : Depreciation - 0.36 0.37 0.09 0.82

WDV at end of IV year - 3.28 2.09 0.82 6.19
Additions During The Year - - - - -
- 3.28 2.09 0.82 6.19
Less : Depreciation - 0.33 0.31 0.08 0.72
WDV at end of Vth year - 2.95 1.77 0.74 5.47
 REPAYMENT SCHEDULE OF TERM LOAN 11.0%

Year Particulars Amount Addition Total Interest Repayment Cl Balance

I Opening Balance
Ist Quarter - 9.23 9.23 0.25 - 9.23
Iind Quarter 9.23 - 9.23 0.25 - 9.23
IIIrd Quarter 9.23 - 9.23 0.25 0.51 8.71
Ivth Quarter 8.71 - 8.71 0.24 0.51 8.20
1.00 1.03
II Opening Balance
Ist Quarter 8.20 - 8.20 0.23 0.51 7.69
Iind Quarter 7.69 - 7.69 0.21 0.51 7.18
IIIrd Quarter 7.18 - 7.18 0.20 0.51 6.66
Ivth Quarter 6.66 6.66 0.18 0.51 6.15
0.82 2.05
III Opening Balance

Ist Quarter 6.15 - 6.15 0.17 0.51 5.64

Iind Quarter 5.64 - 5.64 0.16 0.51 5.13
IIIrd Quarter 5.13 - 5.13 0.14 0.51 4.61
Ivth Quarter 4.61 4.61 0.13 0.51 4.10
0.59 2.05
IV Opening Balance
Ist Quarter 4.10 - 4.10 0.11 0.51 3.59
Iind Quarter 3.59 - 3.59 0.10 0.51 3.08

IIIrd Quarter 3.08 - 3.08 0.08 0.51 2.56

Ivth Quarter 2.56 2.56 0.07 0.51 2.05
0.37 2.05
V Opening Balance
Ist Quarter 2.05 - 2.05 0.06 0.51 1.54
Iind Quarter 1.54 - 1.54 0.04 0.51 1.03
IIIrd Quarter 1.03 - 1.03 0.03 0.51 0.51
Ivth Quarter 0.51 0.51 0.01 0.51 - 0.00
0.14 2.05

Door to Door Period 60 Months

Moratorium Period 6 Months
Repayment Period 54 Months
CALCULATION OF D.S.C.R

PARTICULARS I II III IV V

CASH ACCRUALS 2.45 3.07 4.58 6.03 7.65

Interest on Term Loan 1.00 0.82 0.59 0.37 0.14

Total 3.45 3.89 5.17 6.40 7.79

REPAYMENT
Repayment of Term Loan 1.03 2.05 2.05 2.05 2.05

Interest on Term Loan 1.00 0.82 0.59 0.37 0.14

Total 2.03 2.87 2.64 2.42 2.19

DEBT SERVICE COVERAGE RAT 1.71 1.36 1.96 2.65 3.56

AVERAGE D.S.C.R. 2.20

COMPUTATION OF SALE

Particulars I II III IV V

Op Stock - 525.00 578.00 630.00 683.00

Production 22,500.00 24,750.00 27,000.00 29,250.00 31,500.00

22,500.00 25,275.00 27,578.00 29,880.00 32,183.00

Less : Closing Stock(7 Days) 525.00 578.00 630.00 683.00 735.00

Net Sale 21,975.00 24,697.00 26,948.00 29,197.00 31,448.00

Sale Price per Lamp 165.00 173.00 182.00 191.00 201.00

Sale (in Lacs) 36.26 42.73 49.05 55.77 63.21

COMPUTATION OF ELECTRICITY
(A) POWER CONNECTION

Total Working Hour per day Hours 8

Electric Load Required HP 10
Load Factor 0.7460
Electricity Charges per unit 7.50
Total Working Days 300
Electricity Charges 1.34

Add : Minimim Charges (@ 10%)

(B) DG set
No. of Working Days 300 days
Hour per
No of Working Hours 0.5
day
Total no of Hour 150
Diesel Consumption per Hour 8
Total Consumption of Diesel 1,200
Cost of Diesel 65.00 Rs. /Ltr
Total cost of Diesel 0.78
Add : Lube Cost @15% 0.12
Total 0.90

Total cost of Power & Fuel at 100% 2.24

Year Capacity Amount

(in Lacs)

I 50% 1.12
II 55% 1.23
III 60% 1.34
IV 65% 1.46
V 70% 1.57