INDEX

PARTICULARS PAGE NO.

Business Profile 1
Statistical information & Assumptions 2
Operating Statement 3, 4 & 5
Profit After Tax - Graph 6
Balance Sheet 7
Financial Indicators 8
Working Capital Assessment 9
Repayment & Interest Schedule 10 & 11

Prepared by:
Praneeth Cheruvupalli
C. Srisailam & Co.,
Tax Consultants.

Nizamabad Office:
5-6-570/4/D2, S.R.Mallaiah Complex,
Hyderabad Road, Nizamabad.
Desk: 08462-234473,
Mobile No. 9052553520.
Email: [email protected]

Hyderabad Office:
Plot No. 87/A, BHEL Enclave, Akhbar Road,
Bowenpally, Hyderabad.
Phone: 9052553520.
Email: [email protected]

Date: 16-Nov-2012.
 M/S. LAXMI BAR & RESTAURANT
D.No. 4-9-833, R.P. Road, Nizamabad.

II. Business Profile

Name of the Firm M/S. LAXMI BAR & RESTAURANT

Address D.No. 4-9-833, R.P. Road, Nizamabad.

Constitution Partnership.

Sri M. Janardhan.
Names of Partners Smt. M. Laxmi Bai.
Smt. M. Manjula.
Smt. M. Harika.

Main Activity of the Firm Bar & Restaurant.

Business Profile 1
 M/S. LAXMI BAR & RESTAURANT
D.No. 4-9-833, R.P. Road, Nizamabad.

Statistical Information and Assumptions

Sl. Item Particulars

No.
1 Rate of Bank Interest 15%

2 Renewal of Cash Credit 20.00 Lacs.

Statistical Information Page No. 2

 M/S. LAXMI BAR & RESTAURANT
D.No. 4-9-833, R.P. Road, Nizamabad.

Operating Statement
(Figures in Lacs)
Year No ------------ > 2010-11 2011-12 2012-13 2013-14 2014-15
Sales / Gross Receipts
Domestic Receipts
Sales:
Income from sale of Liquor & Beer 137.78 108.04 121.00 126.81 132.90
Income from sale of Empty Bottles 2.00 0.90 1.04 1.09 1.14
Income from sale of Food 6.00 10.01 12.01 12.61 13.24
Income from sale of Soft Drinks 2.94 2.74 3.29 3.45 3.63
A) Gross Sales / Receipts 148.72 121.69 137.34 143.96 150.91
Other Incomes:
Incentives 0.07 - 0.09 0.10 0.11
Interest from M.Janardhan on Current A/c. 2.22 2.48 1.85 1.74 1.63
Interest from M/s. Laxmi Wines. 1.29 1.45 - - -
B) Net Income 152.30 125.62 139.28 145.81 152.65

Cost of Sales
Purchases:
Liquor & Beer 96.90 62.12 77.65 79.98 82.38
Husk 0.30 0.28 0.34 0.35 0.36
Rice 0.50 0.47 0.56 0.57 0.59
Vegetables 0.51 0.45 0.54 0.55 0.57
Meat 0.48 0.53 0.64 0.66 0.68
Poultry 0.41 0.42 0.50 0.52 0.53
Eggs 0.20 0.18 0.21 0.22 0.22
Milk 0.14 0.13 0.16 0.16 0.17
Grocery / kirana 1.03 1.10 1.32 1.36 1.41
Oils 0.57 0.60 0.72 0.74 0.76
Soft Drinks 2.19 2.03 2.44 2.51 2.58
Transport & Hamali 0.51 0.31 0.37 0.38 0.39
Operating Statement Page No. 3

M/S. LAXMI BAR & RESTAURANT

D.No. 4-9-833, R.P. Road, Nizamabad.

Operating Statement Contd…

(Figures in Lacs)
Year No ------------ > 2010-11 2011-12 2012-13 2013-14 2014-15
Excise licence fee 24.33 32.82 39.38 40.57 41.78
Excise license application 0.19 0.11 0.13 0.14 0.14
Electricity bills 1.23 1.30 1.56 1.61 1.66
Travelling 0.20 0.16 0.20 0.20 0.21
Salaries to staff:
Kitchen staff 1.68 1.44 1.51 1.54 1.57
Waiters 1.93 1.80 1.89 1.93 1.97
Cleaners 1.92 1.25 1.31 1.34 1.36
Bill writers 2.52 0.84 0.88 0.90 0.92
Watchmen 0.66 0.30 0.32 0.32 0.33
Manager 1.08 0.60 0.63 0.64 0.66
Assistant 0.60 0.48 0.50 0.51 0.52

E.S.I. 0.08 0.09 0.09 0.09 0.09

Shop expenses 0.18 0.14 0.18 0.18 0.19
Profession tax 0.03 0.01 0.01 0.01 0.01
V.A.T. 1.70 0.27 1.27 1.30 1.32
Provident fund 0.31 0.31 0.32 0.32 0.33
Audit & VAT consultant Fee 0.05 0.15 0.15 0.15 0.15
Add: Op. stock of WIP - - - - -
Less: Cl. Stock of WIP - - - - -
C) Total Operating Expenses 142.43 110.69 132.64 136.56 140.59
D) Operating Profit (B-C) 9.87 14.93 6.65 9.25 12.06
Non Operating Expenses
Interests
Secured Loans 4.76 5.36 3.00 3.00 3.00
Unsecured Loans - - - - -
Deferred Loans - - - - -
Operating Statement Page No. 4

M/S. LAXMI BAR & RESTAURANT

D.No. 4-9-833, R.P. Road, Nizamabad.

Operating Statement Contd…

(Figures in Lacs)
Year No ------------ > 2010-11 2011-12 2012-13 2013-14 2014-15
Debentures - - - - -
Seed Capital Loans - - - - -
Bank Commission 0.18 0.10 0.12 0.11 0.10
Bank charges & Misc. expenses 0.23 0.21 0.18 0.15 0.17
Add: Op. Stock of Finished Goods. 7.11 8.85 4.67 7.26 8.49
Less: Cl. Stock of Finished Goods. 8.85 4.67 7.26 8.49 7.85

E) Total Non Operating

Expenses 3.43 9.85 0.71 2.03 3.91

F) Profit Before Tax (PBT) 6.44 5.08 5.93 7.22 8.15

Tax Paid/ Provision for Taxation 1.15 0.52 0.78 0.79 0.82

G) Profit After Tax (PAT) 5.29 4.56 5.15 6.43 7.33

Operating Statement Page No. 5
 M/S. LAXMI BAR & RESTAURANT
D.No. 4-9-833, R.P. Road, Nizamabad.

Profit After Tax - Graph

Profit After Tax

Row 15
7.33

6.43

5.15

4.56
Profit After Tax - Graph Page No. 6
 Profit After Tax
Year 2011 2012 2013 2014
PAT 4.56 5.15 6.43 7.33
 M/S. LAXMI BAR & RESTAURANT
D.No. 4-9-833, R.P. Road, Nizamabad.

Balance Sheet
(Figures in Lacs)
Year No ------------ > 2010-11 2011-12 2012-13 2013-14 2014-15
LIABILITIES
Capital 21.65 22.69 17.66 18.45 17.51

Secured Loans
Vijaya Bank, Nzb. 20.28 20.27 20.00 20.00 20.00
Corporation Bank, Nzb. 14.90 15.17 - - -

O/s. Expenses:
VAT Payable 0.03 0.02 0.03 0.03 0.03
Electricity Bills 0.19 0.12 - - -
ESI - 0.007 - - -
Provident Fund - 0.03 - - -

TOTAL LIABILITIES 57.05 58.31 37.69 38.48 37.54

ASSETS

Fixed Assets 1.16 1.16 1.16 1.16 1.16

Deposits 0.01 0.01 0.01 0.01 0.01
Loans & Advances 0.37 0.99 1.15 0.86 0.94

Current Assets
Sri M. Janardhan current A/c. 20.68 23.16 15.44 14.52 13.61
M/s. Laxmi Wines, Nzb. 12.07 13.51 - - -
Excise Licence fee prepaid 9.32 11.73 10.28 11.52 11.68
Central Bank of India current A/c. 0.01 0.01 0.01 0.01 0.01
A.P. Beverages Corp Ltd. 0.00 0.02 0.02 0.02 0.02
T.D.S. A.Y. 10-11. 0.63 0.63 - - -
T.D.S. A.Y. 11-12 0.97 - - - -
T.D.S. A.Y. 12-13 - 0.62 0.62 - -
Closing Stock 8.85 4.67 7.26 8.49 7.85
Cash on hand 2.99 1.80 1.74 1.89 2.26

TOTAL ASSETS 57.05 58.31 37.69 38.48 37.54

Balance Sheet Page No. 7
 M/S. LAXMI BAR & RESTAURANT
D.No. 4-9-833, R.P. Road, Nizamabad.

Financial Indicators & Ratio Analysis

(Figures in Lacs)
Year No ------------ > 2010-11 2011-12 2012-13 2013-14 2014-15
Net receipts 152.30 125.62 139.28 145.81 152.65
PBDIT 11.25 10.59 9.09 10.37 11.30
Interest & Depreciation 4.81 5.51 3.15 3.15 3.15
PBT 6.44 5.08 5.93 7.22 8.15
Tax 1.15 0.52 0.78 0.79 0.82
PAT 5.29 4.56 5.15 6.43 7.33
Cash Accruals 5.34 4.71 5.30 6.58 7.48
Capital (PUC) 21.65 22.69 17.66 18.45 17.51
TNW 21.65 22.69 17.66 18.45 17.51
Adj. TNW 21.65 22.69 17.66 18.45 17.51
Advances from purchasers - - - - -
TOL 35.18 35.44 20.00 20.00 20.00
PBT / Net receipts (%) 4.23 4.04 4.26 4.95 5.34
PBDIT / Interest 2.36 1.98 3.03 3.46 3.77
TOL / TNW 1.62 1.56 1.13 1.08 1.14
TOL / Adj. TNW 1.62 1.56 1.13 1.08 1.14
Projected DER 1.31 1.30 0.88 0.80 0.81
Promoter's stake in the project 100% 100% 100% 100% 100%
Financial Indicators Page No. 8
 M/S. LAXMI BAR & RESTAURANT
D.No. 4-9-833, R.P. Road, Nizamabad.

Working Capital Assessment & Assessed Bank Finance

Sl.No. Year No ------------ > 2010-11 2011-12 2012-13 2013-14 2014-15
A CURRENT ASSETS
Sri M. Janardhan current A/c. 20.68 23.16 15.44 14.52 13.61
M/s. Laxmi Wines, Nzb. 12.07 13.51 - - -
Excise Licence fee prepaid 9.32 11.73 10.28 11.52 11.68
Central Bank of India current A/c. 0.01 0.01 0.01 0.01 0.01
A.P. Beverages Corp Ltd. 0.00 0.02 0.02 0.02 0.02
T.D.S. A.Y. 10-11. 0.63 0.63 - - -
T.D.S. A.Y. 11-12 0.97 - - - -
T.D.S. A.Y. 12-13 - 0.62 0.62 - -
Closing Stock 8.85 4.67 7.26 8.49 7.85
Cash on hand 2.99 1.80 1.74 1.89 2.26
TOTAL (A) 55.51 56.15 35.37 36.45 35.43

B CURRENT LIABILITIES
VAT Payable 0.03 0.02 0.03 0.03 0.03
Electricity Bills 0.19 0.12 - - -
ESI - 0.01 - - -
Provident Fund - 0.03 - - -

TOTAL (B) 0.22 0.18 0.03 0.03 0.03

C Working Capital Gap 55.29 55.97 35.34 36.42 35.40

D Margin @ 25% on WCG 13.82 13.99 8.84 9.11 8.85

E Actual/Projected Net Working Capital

20.11 20.53 15.34 16.42 15.40

F Estimated Bank Borrowings (C-D) 41.47 41.98 26.51 27.32 26.55

G Item C-E 35.18 35.44 20.00 20.00 20.00

H
Maximum Permissible Bank Finance
(F or G whichever is lower) 35.18 35.44 20.00 20.00 20.00
Working Capital Assessment & Assessed Bank Finance Page No. 9
 M/S. LAXMI BAR & RESTAURANT
D.No. 4-9-833, R.P. Road, Nizamabad.

Annexure II - Repayment & Interest Schedule - Cash Credit

Secured Loans
Bank: Vijaya Bank, Nizamabad.
Cash Credit Limit: 20.00 Lacs.
Rate of Interest: 15%.
(Figures in Lacs)
Principle Installment
Year Month Opening Bal. Interest Closing Bal.
addition During Year
Apr-12 20.28 0 0.25 0 20.28
May-12 20.00 0 0.25 0 20.00
Jun-12 20.00 0 0.25 0 20.00
Jul-12 20.00 0 0.25 0 20.00
2012-13

Aug-12 20.00 0 0.25 0 20.00

Sep-12 20.00 0 0.25 0 20.00
Oct-12 20.00 0 0.25 0 20.00
Nov-12 20.00 0 0.25 0 20.00
Dec-12 20.00 0 0.25 0 20.00
Jan-13 20.00 0 0.25 0 20.00
Feb-13 20.00 0 0.25 0 20.00
Mar-13 20.00 0 0.25 0 20.00

Total 0 3.00 0

Principle Installment
Year Month Opening Bal. Interest Closing Bal.
addition During Year
Apr-13 20.00 0 0.25 0 20.00
May-13 20.00 0 0.25 0 20.00
Jun-13 20.00 0 0.25 0 20.00
Jul-13 20.00 0 0.25 0 20.00
2013-14

Aug-13 20.00 0 0.25 0 20.00

Sep-13 20.00 0 0.25 0 20.00
Oct-13 20.00 0 0.25 0 20.00
Nov-13 20.00 0 0.25 0 20.00
Dec-13 20.00 0 0.25 0 20.00
Jan-14 20.00 0 0.25 0 20.00
Feb-14 20.00 0 0.25 0 20.00
Mar-14 20.00 0 0.25 0 20.00

Total 0 3.00 0
Repayment & Interest Schedule Page No. 10

M/S. LAXMI BAR & RESTAURANT

D.No. 4-9-833, R.P. Road, Nizamabad.

Annexure II - Repayment & Interest Schedule - Cash Credit

Secured Loans

Year Month Opening Bal. Principle Interest Installment Closing Bal.

addition During Year
Apr-14 20.00 0 0.25 0 20.00
May-14 20.00 0 0.25 0 20.00
Jun-14 20.00 0 0.25 0 20.00
Jul-14 20.00 0 0.25 0 20.00
2014-15

Aug-14 20.00 0 0.25 0 20.00

Sep-14 20.00 0 0.25 0 20.00
Oct-14 20.00 0 0.25 0 20.00
Nov-14 20.00 0 0.25 0 20.00
Dec-14 20.00 0 0.25 0 20.00
Jan-15 20.00 0 0.25 0 20.00
Feb-15 20.00 0 0.25 0 20.00
Mar-15 20.00 0 0.25 0 20.00

Total 0 3.00 0
Repayment & Interest Schedule Page No. 11