Assumptions

1. All bills will rise by(Per year) 20%

2. Recruiters hired per year 5

4. Depreciation of electrical equipment(per year) 60%

5. Job Portal costs per login id per year 25000.00

6. Profit margin 40%

7. Remuneration of new recruit 5000.00

8. Depreciation of Furniture and fixtures 20%

11. Salaries increase by : 10.00%

Expenditures per month: Cost (INR)

12. Telephone bill : 7000.00

13. Office rent: 25,000

14. Printing & Stationary: 10,000

15. Electricity Bill: 10,000

16. Conveyance: 5,000

17. Advertising Expenses: 6,500

18. Repairs per year: 10,000

19. Director's Remuneration per year: 600,000

20. Taxes 35.00%

21. Surcharge 0.00%

22. Cost of land per sq.ft(INR) 25,000

23. Furniture cost per sq.ft(INR) 3,500

24. Area required per recruiter(sq.ft) 40

25. Presently covered area(sq.ft) 320

 Estimated Schedule of employees
Year 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020
Present Employees 8 12 14 19 29
Employees Recruited 5 6 8 10 12
Employees Left 0 1 4 3 0
Employees retained 13 18 22 29 41

Calculation of cost of land and furniture per recruit

2012-2013 2014-2015 2015-2016 2016-2017-2 2014-2015
Cost of land if required 8,000,000 0 0 0 0
Total land area required 640 640 640 640 960
Rent paid per month 50,000 50,000 50,000 50,000 50,000
Furniture Required 700,000 700,000 560,000 980,000 1,680,000
Total recruited
41

change values manually

 Emp schedule
2012-2013 2013-2014 2014-2015 2015-2016 2016-2017
13 18 22 29 41

Salary Band per employee(1*1000) (CURRENT EMP)

2012-2013 2013-2014 2014-2015 2015-2016 2016-2017
5 6 8 10 12
6 8 10 12 14
8 10 12 14 16
10 12 14 16 18
12 14 16 18 20
14 16 18 20 22

OLD Emp per sal band

Sal Band 2012-2013 2013-2014 2014-2015 2015-2016
5,000 2 0 0 0
6,000 1 2 0 0
8,000 1 1 0 0
10,000 2 1 0 0
12,000 1 2 1 0
14,000 1 1 2 0
Left the org. More than above 0 1 1 0
Total 8 7 3 0

Number of Team Leaders Required

Rs. 15000/month 2012-2013 2013-2014 2014-2015 2015-2016
Total 1 2 2 2

Current employees (Per month)

Salary paid 2015-2016 2016-2017 2017-2018 2018-2019

5,000 10,000 0 0 0
6,000 6,000 12,000 0 0
8,000 8,000 8,000 0 0
10,000 20,000 10,000 0 0
12,000 12,000 24,000 12,000 0
14,000 14,000 14,000 28,000 0
TOTAL 70,000 68,000 40,000 0

Current employees (Per month)

Revenue based
on salary 2015-2016 2016-2017 2017-2018 2018-2019

25,000 50,000 0 0 0
30,000 30,000 60,000 0 0
40,000 40,000 40,000 0 0
50,000 100,000 50,000 0 0
60,000 60,000 120,000 60,000 0
 70,000 70,000 70,000 140,000 0
Total 350,000 340,000 200,000 0

Total Revenue Generated(Per month)

2015-2016 2016-2017 2017-2018 2018-2019
Total 725,000 1,240,000 1,840,000 2,620,000
Rate of salary increase= 1.1 times
Sal Band per employee(1*1000) (New employee)
2012-2013 2013-2014 2014-2015 2015-2016
15 18 20 22
18 20 22 26
20 22 26 30
22 26 30 34
26 30 34 38
30 34 38 42

2016-2017 NEW Emp per salary band

0 Sal Band 2012-2013 2013-2014 2014-2015 2015-2016
0 15,000 5 6 8 10
0 18,000 0 5 6 8
0 20,000 0 0 5 6
0 22,000 0 0 0 5
0 26,000 0 0 0 0
0 30,000 0 0 0 0
0 Total 5 11 19 29

2016-2017
2

New Employees(Per month)

2019-2020 Salary paid 2015-2016 2016-2017 2017-2018 2018-2019

0 15,000 75,000 90,000 120,000 150,000

0 18,000 0 90,000 108,000 144,000
0 20,000 0 0 100,000 120,000
0 22,000 0 0 0 110,000
0 26,000 0 0 0 0
0 30,000 0 0 0 0
0 TOTAL 75,000 180,000 328,000 524,000

New Employees(Per month)

Revenue
based on
2019-2020 salary 2015-2016 2016-2017 2017-2018 2018-2019

0 75,000 375,000 450,000 600,000 750,000

0 90,000 0 450,000 540,000 720,000
0 100,000 0 0 500,000 600,000
0 110,000 0 0 0 550,000
0 130,000 0 0 0 0
 0 150,000 0 0 0 0
0 Total 375,000 900,000 1,640,000 2,620,000

2019-2020
3,910,000
New employee)
2016-2017
26
30
34
38
42
48

2016-2017
12
10
8
6
5
0
41

2019-2020

180,000
180,000
160,000
132,000
130,000
0
782,000

2019-2020

900,000
900,000
800,000
660,000
650,000
 0
3,910,000
Particulars Previous 2015-2016 2015-2016 2016-2017 2016-2017
% of Revenue % of Revenue
INCOME
Revenue 8,700,000 100.00% 14,880,000 100.00%

Less:
Expenses
Telephone and internet 390,000 4.48% 540,000 3.63%
Office rent 600,000 6.90% 600,000 4.03%
Loan repayment 1,740,000 20.00% 1,392,000 9.35%
deposit 100,000 1.15% 0.00%
Accountant 84,000 0.97% 92,400 0.62%
Peon 72,000 0.83% 79,200 0.53%
Audit fees 21,750 0.25% 37,200 0.25%
Printing & Stationary 120,000 1.38% 144,000 0.97%
Electricity Bill 156,000 1.79% 216,000 1.45%
Conveyance 60,000 0.69% 72,000 0.48%
Salary 970,000 11.15% 2,228,000 14.97%
Team Leader 180,000 2.07% 396,000 2.66%
Sr. Executive 180,000 2.07% 198,000 1.33%
Software Expenses 19,500 0.22% 27,000 0.18%
Postage & Courier 12,000 0.14% 13,200 0.09%
Advertising Expenses 78,000 0.90% 93,600 0.63%
Depreciation 680,914 7.83% 719,653 4.84%
0.00% 0.00%
Subscription Charges: 75,000 0.86% 100,000 0.67%
Repairs 38,768 0.45% 52,781 0.35%
0.00% 0.00%
Director's Remuneration 1,800,000 20.69% 1,980,000 13.31%
Total Expenses: 7,377,932 84.80% 8,981,033 60.36%

Profit/Loss 1,322,068 15.20% 5,898,967 39.64%

NET Profit Before tax 1,322,068 15.20% 5,898,967 39.64%

Less:
Taxes 462,724 5.32% 2,064,638 13.88%
Surcharge 0 0.00% 0 0.00%
Profit after Tax 859,344 9.88% 3,834,328 25.77%

reserves and surplus 859,344 9.88% 4,693,673 31.54%

expenses 392,755 0 473,945 0

Bills payable 3,311,018 0 3,287,781 0

2017-2018 2017-2018 2018-2019 2018-2019 2019-2020 2019-2020
% of Revenue % of Revenue % of Revenue

22,080,000 100.00% 31,440,000 100.00% 46,920,000 100.00%

660,000 2.99% 870,000 2.77% 1,230,000 2.62%

600,000 2.72% 600,000 1.91% 600,000 1.28%
1,044,000 4.73% 696,000 2.21% 348,000 0.74%
0.00% 0.00% 0.00%
101,640 0.46% 111,804 0.36% 122,984 0.26%
87,120 0.39% 95,832 0.30% 105,415 0.22%
55,200 0.25% 78,600 0.25% 117,300 0.25%
172,800 0.78% 207,360 0.66% 248,832 0.53%
264,000 1.20% 348,000 1.11% 492,000 1.05%
86,400 0.39% 103,680 0.33% 124,416 0.27%
3,976,000 18.01% 6,288,000 20.00% 9,384,000 20.00%
871,200 3.95% 1,916,640 6.10% 4,216,608 8.99%
217,800 0.99% 239,580 0.76% 263,538 0.56%
33,000 0.15% 43,500 0.14% 61,500 0.13%
14,520 0.07% 15,972 0.05% 17,569 0.04%
112,320 0.51% 134,784 0.43% 161,741 0.34%
587,015 2.66% 772,999 2.46% 1,089,061 2.32%
0.00% 0.00% 0.00%
125,000 0.57% 175,000 0.56% 250,000 0.53%
35,797 0.16% 62,736 0.20% 90,505 0.19%
0.00% 0.00% 0.00%
2,178,000 9.86% 2,395,800 7.62% 2,635,380 5.62%
11,221,812 50.82% 15,156,287 48.21% 21,558,849 45.95%

10,858,188 49.18% 16,283,713 51.79% 25,361,151 54.05%

10,858,188 49.18% 16,283,713 51.79% 25,361,151 54.05%

3,800,366 17.21% 5,699,300 18.13% 8,876,403 18.92%

0 0.00% 0 0.00% 0 0.00%
7,057,822 31.96% 10,584,413 33.67% 16,484,748 35.13% 859,344

11,751,495 53.22% 22,335,908 71.04% 38,820,657 82.74% 859,344

 539,759 0 659,908 0 848,466

3,203,037 0 3,335,632 0 3,741,863

 77,400
8,903,633
8,981,033

3,834,328 7,057,822 10,584,413 16,484,748

4,693,673 11,751,495 22,335,908 38,820,657

Particulars Previous CASH FLOW
2015-2016 2016-2017 2017-2018
Inflows:
Net profit before interest and taxes 1,322,068 5,898,967 10,858,188
Depreciation 680,914 719,653 587,015
Share Capital 1,000,000 1,000,000 1,000,000
Loans 8,700,000 6,960,000 5,220,000
Total cash Inflows (A) 11,702,982 14,578,619 17,665,203

Cash Outflows:
Loan repayment
Principal 1,740,000 1,740,000 1,740,000
Interest 1,740,000 1,392,000 1,044,000
Purchase of assets
Furniture and fixtures: 700,000 700,000 588,000
Computer: 60,000 48,000 84,000
Repairs 38,768 52,781 35,797
Capital Contribution 200,000 200,000 200,000
Tax & Surcharges 462,724 2,064,638 3,800,366

Total Cash Outflows(B) 5,701,492 6,945,419 8,164,163

Net Cash Flows (A-B) 6,001,490 7,633,200 9,501,041

Opening Balance 293,295 6,294,785 13,927,986

Closing Balance 293,295 6,294,785 13,927,986 23,429,026

CASH FLOW
2018-2019 2019-2020

16,283,713 25,361,151
772,999 1,089,061
1,000,000 1,000,000
3,480,000 1,740,000
21,536,712 29,190,212

1,740,000 1,740,000
696,000 348,000

980,000 1,738,000
144,000 492,000
62,736 90,505
200,000 200,000
5,699,300 8,876,403

10,646,036 15,714,908

10,890,676 13,475,304

23,429,026 34,319,702

34,319,702 47,795,007
 Balance sheet
Particulars 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020

Sources of Funds
Share Capital 1000000.00 1000000.00 1000000.00 1000000.00 1000000.00
Borrowings 8700000.00 6960000.00 5220000.00 3480000.00 1740000.00
Reserves and surplus 859,344 4,693,673 11,751,495 22,335,908

Total 9,700,000 8,819,344 10,913,673 16,231,495 25,075,908

Application of funds

Fixed Assets 8,278,020 8,306,368 7,492,873 7,843,874 8,110,480

Working capital 392,755 473,945 539,759 659,908 848,466
Misc. expenditure 25,000 32,500 42,250 54,925 71,403
cash in Bank 954,225 (43,469) 2,788,791 7,622,788 15,995,560
cash in Hand 50,000 50,000 50,000 50,000 50,000

Total 9,700,000 8,819,344 10,913,673 16,231,495 25,075,908

 Schedule of fixed assets Previous 2015-2016 2016-2017 2017-2018 2018-2019

1 Air Conditioner
opening balance 17881.00 17,881 15,199 12,919 27,981
additions during the year 0 0 20,000 0
less:
sale during the year 0 0 0 0

Closing Balance 17,881 15,199 32,919 27,981

2 Computer
opening balance 165053.20 165,053 90,021 55,209 55,683
additions during the year 60,000 48,000 84,000 144,000
less:
sale during the year 0 0 0 0

Closing Balance 225,053 138,021 139,209 199,683

3 Furniture and fixtures

opening balance 44817.00 16,000 572,800 586,000 550,208
additions during the year 700,000 700,000 560,000 980,000
less:
sale during the year 0 0 458,240 0

Closing Balance 716,000 1,272,800 687,760 1,530,208

4 Office space
opening balance 8,000,000 7,600,000 7,220,000 6,859,000
additions during the year 0 0 0 0
less:
sale during the year 0 0 0 0

Closing Balance 8,000,000 7,600,000 7,220,000 6,859,000

2019-2020

23,784
20,000

43,784

79,873
492,000

571,873

828,000
1,680,000

440,166

2,067,834

6,516,050
0

6,516,050
 DEPRICIATION 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020

1 Air Conditioner
Closing Balance 17,881 15,199 32,919 27,981 43,784
Rate 15.00% 15.00% 15.00% 15.00% 15.00%
depreciation 2,682 2,280 4,938 4,197 6,568

Written Down Value 15,199 12,919 27,981 23,784 37,216

2 Computer
Closing Balance 225,053 138,021 139,209 199,683 571,873
Rate 60.00% 60.00% 60.00% 60.00% 60.00%
depreciation 135,032 82,813 83,525 119,810 343,124

Written Down Value 90,021 55,209 55,683 79,873 228,749

3 Furniture & fixtures

Closing Balance 716,000 1,272,800 687,760 1,530,208 2,067,834
Rate 20.00% 20.00% 20.00% 20.00% 20.00%
depreciation 143,200 254,560 137,552 306,042 413,567

Written Down Value 572,800 1,018,240 550,208 1,224,166 1,654,267

4 Land
Closing Balance 8,000,000 7,600,000 7,220,000 6,859,000 6,516,050
Rate 5.00% 5.00% 5.00% 5.00% 5.00%
depreciation 400,000 380,000 361,000 342,950 325,803

Written Down Value 7,600,000 7,220,000 6,859,000 6,516,050 6,190,248

Total depreciation 680,914 719,653 587,015 772,999 1,089,061

Total Fixed Assets 8,278,020 8,306,368 7,492,873 7,843,874 8,110,480

Particulars 2015-2016 2016-2017 2017-20182018-20192019-2020
Major expansion needs

New office space 8,000,000 0 0 0 0

Furniture 700,000 0 0 0 0

Total Borrowings 8,700,000 0 0 0 0

(Financed through banks)
Particulars 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020

Borrowings 8,700,000

Amount Outstanding at 8,700,000 6,960,000 5,220,000 3,480,000 1,740,000

beginning of year 60

Rate of interest 20.00% 20.00% 20.00% 20.00% 20.00%

Interest Payment 1,740,000 1,392,000 1,044,000 696,000 348,000

Principal Repayment 1,740,000 1,740,000 1,740,000 1,740,000 1,740,000

Amount Outstanding at 6,960,000 5,220,000 3,480,000 1,740,000 0

end of year