PROJECT POPOSAL FOR

CREDIT FACILITIES FOR

COMPUTER SERVICING/REPAIRING

PREPARED FOR:

M/s. COMPUTER SERVICING SHOP

NST WARD, NEAR NST STATION
TUENSANG - 798612
NAGALAND

NAME OF THE PROMOTER : IMNA NUKSUNG AO

 PROJECT AT A GLANCE
1. Name of the Project : M/s. COMPUTER SERVICING SHOP
[Computer Servicing & Repairing & Sales of
Computer Spares & Accessories etc.)

2. Name of the Promoter : SHRI IMNA NUKSUNG AO

3. Location of the shop NST WARD, NEAR NST STATION, TUENSANG -

: 798612, NAGALAND

4. Type of Business : Service (Udyam Registration No. UDYAM -NL-09-

0000697

5. Constitution : Sole Proprietorship

6. Cost of the Project : Rs. in lacs

a) Furniture & Furnishing Already Existing
b) Machinery & Equipments 6.00
c) Working Capital 0.50
Total 6.50

7. Means of Finance : Rs. in lacs

a) Promoter's Contribution 1.50
b) Term Loan from Bank 5.00
Total 6.50

8. Financial Analysis :
Debt Equity Ratio 3.33
DSCR (Average) 5.28
Break-Even Point (Average) 27.67%

9. Project Consultant : Sukanta Dey & Associates

Chartered Accountants
Membership No.056743
10 Recommendation : On considering the various aspects of the project
both financially and technically, it can be seen
that the project will be a great success. Further,
it is certified that the project is technically
feasible and economically viable, hence is
recommended for immediate implementation.
COST OF THE PROJECT & MEANS OF FINANCE
A. COST OF THE PROJECT

Sl. No. Particulars Amount (Rs.)

1 Land & Building Own

2 Furniture & Fixtures

i) Counter with Chair 15000.00
ii) Working Table with Chair - 2 sets 25000.00
iii) Racks 15000.00
iv) Miscellaneous 20000.00 Existing

3 Machinery & Equipment (As per Quotation) 600000.00

i) Hi-Speed Electronic Toolkit - SO 110000.00
ii) 1 Fixit Protec Toolkit (2 @45000/-) 90000.00
iii) Wirehard 62-in-1 Precision Computer 100000.00
and Smartphone Repair - 2 @50000/-)
iv) Rosewill RTK-045 Computer Toolkit (2 70000.00
sets @35000/- each
v) KALAIDUN 82 in 1 Professional 120000.00
Electronic hand Repair Toolkits
vi) Installer parts Network Repair Toolkit 110000.00

4 Working Capital (Spare 1 months) 50000.00

Total 650000.00
Say, (in lacs) 6.50

B. MEANS OF FINANCE

Sl.No. Sources Amount (Rs.)

1 Promoter's Contribution 23% 150000.00
2 Term Loan with Bank 77% 500000.00
Total 650000.00
STATEMENT OF OPERATIONAL EXPENSES (Annual)
1 COMPUTER SPARES & ACCESSORIES

S. No. Particulars Amount (Rs.)

i) Spares 35000.00
ii) Accessories 15000.00
Total 50000.00

2 MANPOWER (EMPLOYEES REMUNERATION)

S. No. Particulars of staff No. Scale of Pay Amount (Rs.)

i) Manager-cum- Head Technician Promoter Himself
ii) Skilled worker 1 10000.00 120000.00
iii) Semi-skilled worker 1 7500.00 90000.00
Total 210000.00

3 ADMINISTRATIVE & OVERHEAD EXPENSES

Sl. No. Particulars Amount (Rs.)

i) Rent Own Accommodation
ii) License fee & other charges 5000.00
iii) Printing & stationeries 3000.00
iv) Electricity charges 6000.00
v) Telephone 6000.00
vi) Staff refreshment 6000.00
vii) Travelling & transportation 6000.00
viii) Repairs & maintenance 12000.00
ix) Miscellaneous expenses 6000.00
Total 50000.00

TOTAL OPERATIONAL EXPENSES (PER ANNUM)

Amount (Rs.)
1 Purchase of spares & accessories 600000.00
2 Staff salaries 210000.00
3 Administrative & overhead expenses 50000.00
Total 860000.00

MARGIN MONEY REQUIRED FOR WORKING CAPITAL

Operational expenses i.e. staff salaries & administrative expenses will be

managed by the promoter out of his own resources and day-to-day revenue
receipt.
STATEMENT OF EXPECTED ANNUAL INCOME

1 No. of working days annually 300.00

2 Working hours/daily 8 hours
3 Expected daily income
i) Repairs & Computer, Printer, UPS, Smart Phones etc.
assuming Rs.3500/- per day 1050000.00
ii) Sales of Spares & Accessories (cosidering 40% self use) 450000.00
(25% margin on purchase)
4 Hence, for 300 days annually 1500000.00

Projected icnome (year-wise)

[An increase of 5% considered thereafter]
1st year 15.00
2nd year 15.75
3rd year 16.54
4th year 17.36
5th year 18.23
LOAN REPAYMENT SCHEDULE & AVG. CALCULATION OF INTEREST
1 Term Loan 5.00
2 Repayment Peiod - 5 years
(Rs. in lacs)
Year Month Opening Principal Interest Interest Total Closing
Balance Repayment Repayment Monthly Balance
Repayment
Month - I 5.00 0.00 0.05 0.05 0.05 5.00
Month - II 5.00 0.06 0.05 0.05 0.115 4.94
Month - III 4.94 0.06 0.05 0.05 0.115 4.87
Year - I Month - IV 4.87 0.06 0.05 0.05 0.115 4.81
Month - V 4.81 0.07 0.05 0.05 0.115 4.74
Month - VI 4.74 0.07 0.05 0.05 0.115 4.68
Month - VII 4.68 0.07 0.05 0.05 0.115 4.61
Month - VIII 4.61 0.07 0.05 0.05 0.115 4.54
Month - IX 4.54 0.07 0.05 0.05 0.115 4.47
Month - X 4.47 0.07 0.05 0.05 0.115 4.41
Month - XI 4.41 0.07 0.05 0.05 0.115 4.34
Month - XI 4.34 0.07 0.04 0.04 0.115 4.27
Total 0.73 0.58 0.58 1.32
Month - I 4.27 0.07 0.04 0.04 0.115 4.20
Month - II 4.20 0.07 0.04 0.04 0.115 4.12
Month - III 4.12 0.07 0.04 0.04 0.115 4.05
Month - IV 4.05 0.07 0.04 0.04 0.115 3.98
Year - II Month - V 3.98 0.07 0.04 0.04 0.115 3.90
Month - VI 3.90 0.07 0.04 0.04 0.115 3.83
Month - VII 3.83 0.08 0.04 0.04 0.115 3.75
Month - VIII 3.75 0.08 0.04 0.04 0.115 3.68
Month - IX 3.68 0.08 0.04 0.04 0.115 3.60
Month - X 3.60 0.08 0.04 0.04 0.115 3.52
Month - XI 3.52 0.08 0.04 0.04 0.115 3.44
Month - XI 3.44 0.08 0.04 0.04 0.115 3.37
Total 0.90 0.48 0.48 1.38
Month - I 3.37 0.08 0.03 0.03 0.115 3.28
Month - II 3.28 0.08 0.03 0.03 0.115 3.20
Month - III 3.20 0.08 0.03 0.03 0.115 3.12
Month - IV 3.12 0.08 0.03 0.03 0.115 3.04
Year - III Month - V 3.04 0.08 0.03 0.03 0.115 2.96
Month - VI 2.96 0.08 0.03 0.03 0.115 2.87
Month - VII 2.87 0.09 0.03 0.03 0.115 2.79
Month - VIII 2.79 0.09 0.03 0.03 0.115 2.70
Month - IX 2.70 0.09 0.03 0.03 0.115 2.61
Month - X 2.61 0.09 0.03 0.03 0.115 2.52
Month - XI 2.52 0.09 0.03 0.03 0.115 2.44
Month - XI 2.44 0.09 0.03 0.03 0.115 2.35
Total 1.02 0.36 0.36 1.38
Year Month Opening Principal Interest Interest Total Closing
Balance Repayment Repayment Monthly Balance
Repayment
Month - I 2.35 0.09 0.02 0.02 0.115 2.26
Month - II 2.26 0.09 0.02 0.02 0.115 2.16
Month - III 2.16 0.09 0.02 0.02 0.115 2.07
Month - IV 2.07 0.09 0.02 0.02 0.115 1.98
Year-IV Month - V 1.98 0.09 0.02 0.02 0.115 1.88
Month - VI 1.88 0.10 0.02 0.02 0.115 1.79
Month - VII 1.79 0.10 0.02 0.02 0.115 1.69
Month - VIII 1.69 0.10 0.02 0.02 0.115 1.59
Month - IX 1.59 0.10 0.02 0.02 0.115 1.49
Month - X 1.49 0.10 0.02 0.02 0.115 1.39
Month - XI 1.39 0.10 0.01 0.01 0.115 1.29
Month - XI 1.29 0.10 0.01 0.01 0.115 1.19
Total 1.15 0.23 0.23 1.38
Month - I 1.193 0.103 0.012 0.012 0.115 1.090
Month - II 1.090 0.104 0.011 0.011 0.115 0.986
Month - III 0.986 0.105 0.010 0.010 0.115 0.881
Month - IV 0.881 0.106 0.009 0.009 0.115 0.775
Year -V Month - V 0.775 0.107 0.008 0.008 0.115 0.668
Month - VI 0.668 0.108 0.007 0.007 0.115 0.560
Month - VII 0.560 0.109 0.006 0.006 0.115 0.451
Month - VIII 0.451 0.110 0.005 0.005 0.115 0.341
Month - IX 0.341 0.111 0.004 0.004 0.115 0.229
Month - X 0.229 0.113 0.002 0.002 0.115 0.117
Month - XI 0.117 0.114 0.001 0.001 0.115 0.003
Month - XI 0.003 0.003 0.000 0.000 0.003 0.000
Total 1.19 0.08 0.08 1.27
 M/s. COMPUTER SERVICING SHOP
Proprietor : IMNA NUKSUNG AO
NST WARD, TUENSANG
NAGALAND

PROJECTED PROFIT & LOSS ACCOUNT

(Rs. in lacs)
Sl.No Particulars PROJECTED YEARS
I II III IV V
1 Nos. of working days (Annual) 300 300 300 300 300
2 Service income 10.50 11.03 11.58 12.16 12.76
3 Sales of spares & accessories 4.50 4.73 4.96 5.21 5.47
Total 15.00 15.75 16.54 17.36 18.23
3 Cost of operation
Purchases 6.00 6.30 6.62 6.95 7.29
Purchase for inventory 0.50
Staff salaries 2.10 2.21 2.32 2.43 2.55
Rent 0.00 0.00 0.00 0.00 0.00
License fee 0.05 0.06 0.07 0.08 0.09
Printing & stationeries 0.03 0.04 0.05 0.06 0.,07
Telephone 0.06 0.07 0.08 0.09 0.10
Refreshment & staff welfare 0.06 0.07 0.08 0.09 0.10
Electricity charges 0.06 0.07 0.08 0.09 0.10
Travelling & transportation 0.06 0.07 0.08 0.09 0.10
Repairs & maintenance 0.12 0.13 0.14 0.15 0.16
Miscellaneous expenses 0.06 0.07 0.08 0.09 0.10
9.10 9.09 9.59 10.12 10.60
Add. Opening stock 0.00 0.50 0.60 0.72 0.86
9.10 9.59 10.19 10.84 11.46
Less : Closing Stock 0.50 0.60 0.72 0.86 1.04
8.60 8.99 9.47 9.97 10.42
4 Gorss profit 6.40 6.77 7.07 7.39 7.81
Depreciation (WDV) 0.98 0.83 0.71 0.61 0.52
Interest on Term Loan 0.58 0.48 0.36 0.23 0.08
5 Net profit before tax 4.84 5.45 6.00 6.56 7.22
Add. Depreciation 0.98 0.83 0.71 0.61 0.52
6 Cash Accruals 5.82 6.29 6.71 7.16 7.73
 M/s. COMPUTER SERVICING SHOP
Proprietor : IMNA NUKSUNG AO
NST WARD, TUENSANG
NAGALAND

PROJECTED BALANCE SHEET

(Rs. in lacs)
PROJECTED YEARS
Particulars
I II III IV V
LIABILITIES
CAPITAL A/c.
Promoter's Capital 0.75 3.49 4.95 6.44 8.00
Add. Fresh capital 1.50
Add. Net Profit 4.84 5.45 6.00 6.56 7.22
7.09 8.95 10.94 13.00 15.21
Less : Drawings 3.60 4.00 4.50 5.00 5.50
3.49 4.95 6.44 8.00 9.71
SECURED LOAN
Term Loan from Bank 5.00 4.27 3.37 2.35 1.19
Add. Interest 0.58 0.48 0.36 0.23 0.08
5.58 4.75 3.73 2.57 1.27
Less : Repayment 1.32 1.38 1.38 1.38 1.27
4.27 3.37 2.35 1.19 0.00
CURRENT LIABILITIES
Sundry Creditors 0.10 0.15 0.20 0.25 0.30
TOTAL 7.86 8.46 8.99 9.44 10.01
ASSETS
Fixed Assets
Furniture & Fixture (o/b) 0.75 0.68 0.61 0.55 0.49
Less : Depreciation @10% 0.08 0.07 0.06 0.05 0.05
0.68 0.61 0.55 0.49 0.44
Equipments (O/b) 5.10 4.34 3.68 3.13
Addition 6.00
Less : Depreciation @15% 0.90 0.77 0.65 0.55 0.47
5.10 4.34 3.68 3.13 2.66
CURRENT ASSETS
Inventories 0.50 0.60 0.72 0.86 1.04
Receivables 0.50 0.60 0.75 1.00 1.50
Loans & advances 0.50 0.75 1.00 1.25 1.50
Cash & Bank Balance 0.58 1.57 2.29 2.70 2.87
TOTAL 7.86 8.46 8.99 9.44 10.01
 M/s. COMPUTER SERVICING SHOP
Proprietor : IMNA NUKSUNG AO
NST WARD, TUENSANG
NAGALAND

DEBT SERVICE COVERATE RATIO (DSCR)

(Rs. in lacs)
Sl.No Particulars PROJECTED YEARS
I II III IV V

1 Net Profit 4.84 5.45 6.00 6.56 7.22

2 Depreciation 0.98 0.83 0.71 0.61 0.52
3 Interest 0.58 0.48 0.36 0.23 0.08

Total fund available for Debt Service 6.40 6.77 7.07 7.39 7.81

1 Interest 0.58 0.48 0.36 0.23 0.08

2 Installment 0.73 0.90 1.02 1.15 1.19

Total installment & interest 1.32 1.38 1.38 1.38 1.27

DSCR 4.86 4.90 5.12 5.36 6.16

AVERAGE DSCR 5.28

 M/s. COMPUTER SERVICING SHOP
Proprietor : IMNA NUKSUNG AO
NST WARD, TUENSANG
NAGALAND

CASH FLOW STATEMENT

(Rs. in lacs)
Particulars Financial Projections
I II III IV V

INFLOWS
Increase in Promoter's capital 1.50
Net Profit 4.84 5.45 6.00 6.56 7.22
Depreciation 0.98 0.83 0.71 0.61 0.52
Increase in Bank Borrowings 5.00
Increase in current liabilities 0.10 0.05 0.05 0.05 0.05
TOTAL 12.42 6.34 6.76 7.21 7.78

OUT FLOWS
Increase in fixed assets 6.00
Increase in current assets 1.50 0.45 0.52 0.64 0.92
Drawings 3.60 4.00 4.50 5.00 5.50
Principal repayment 0.73 0.90 1.02 1.15 1.19
Decrease in current liabilities
TOTAL 11.83 5.35 6.04 6.80 7.62

Opening Balance 0.00 0.58 1.57 2.29 2.70

Surplus 0.58 0.98 0.72 0.42 0.17
Closing Balance 0.58 1.57 2.29 2.70 2.87
 M/s. COMPUTER SERVICING SHOP
Proprietor : IMNA NUKSUNG AO
NST WARD, TUENSANG
NAGALAND
BREAK EVEN POINT

FIXED COST
(Rs. in lacs)
Particulars Financial Projections
I II III IV V

1 Salaries to staffs (40%) 0.84 0.88 0.93 0.97 1.02

2 Other Admn. Exp (40%) 0.20 0.23 0.26 0.30 0.30
3 Depreciation 0.98 0.83 0.71 0.61 0.52
4 Interest on Term Loan 0.58 0.48 0.36 0.23 0.08

Total 2.60 2.43 2.26 2.10 1.92

BEP Fixed Cost x 100 259.79 242.54 226.17 210.26 191.54

Fixed Cost + Net Profit 7.44 7.88 8.26 8.66 9.13

Break-Even Point 34.92% 30.78% 27.39% 24.28% 20.98%

Average BEP 27.67%