2024

PROJECT REPORT
NAME OF ENTITY: LAMER DRAVIS
PROPRITOR: PRATIK BHAT
REPORT PERIOD: 5 YEARS

PREPARED BY:
RAGHAVENDRA RANGREJ
SAMBRANI COMPOUND, MALAMADDI,
DHARWAD – 580001
Project Snapshot - Introduction and Overview

I, Prathik Bhat starting a proprietorship. Business Owners have incorporated / formed an entity in April, 2023. and want to expand the existing
Innovative Clothing manufacturing activities. The business owners of the organization are active in this field since last many years, and current
expansion is an outcome of prolong experience and future probable opportunities. As stated in earlier points, business is currently active in
saptapur, as a Service (Innovative Clothing manufacture) and associated with a well-known brand in this field.

As the business owners are having a good connection in the locality ad targeted area, it will be easier to generate higher revenues for the business in
a short span. Personal connections and ability to create long-lasting relations with clients help the businesses in service industry to achieve
exponential growth. With such qualities, goodwill of the organization will be created at a greater extent. Once they start achieving higher revenue
with more transactions, large scale economies will help the organization to generate a positive incremental revenue and will help in pushing up their
Gross Profit and Net Profit ratios extraordinarily.

Market of T-Shirts and Clothing in India

 In 2024, the revenue in the T-Shirts market in India amounts to US$7.14bn.

 It is projected to grow annually by 3.69% (CAGR 2024-2027).
 When compared globally, in the United States generates the highest revenue in this segment, reaching US$10,780m in 2024.
 In terms of per person revenues, in India generates US$4.95 per person in the T-Shirts market in 2024.
 Looking ahead to 2027, the volume in the T-Shirts market is expected to reach 4.0bn pieces units.
 Furthermore, there is an anticipated volume growth of 4.2% in 2025.
 Lastly, the average volume per person in the T-Shirts market in India is expected to be 2.5pieces units in 2024.
 India's T-Shirt market is booming with a surge in demand for sustainable and ethically produced garments.

The Growing Scope of the T-Shirt Industry in India

The Indian urban Tier I-II markets have a combined population of over 400 million people, with a growing middle class driving consumer spending.
Currently, men's wear dominates the market, followed by women's wear and kids wear. The Indian t-shirt market comprises knit shirts, polos, and
knit tops, and is primarily targeted toward the youth segment. T-shirts' versatility has contributed to its demand across all age groups.

A Thriving Market
The shift in consumer preferences from formal to casual attire has been a driving factor for the t-shirt market in India. The primary drivers of this
market are the t-shirt's comfort characteristics, easy-care properties, affordability, easy-design options, and casual look. The trend of occasion-
specific clothing has also contributed to the growth of casual wear. The trend of Friday dressing is another factor propelling the tshirt market in
India. Furthermore, shrinking boundaries have played a significant role in expanding opportunities in the Indian t-shirt market. The t-shirt market in
India offers significant potential for industry players due to its increasing penetration into smaller towns, rural areas, middle-aged consumers, and
women.
Exploring the Potential
T-shirts have always been popular among the youth globally. In a young country like India, with a median age of 27 years, this segment offers
enormous opportunities for brands and retailers. The Indian youth seek comfort and style in their clothing, which is better met by t-shirts than
woven shirts. According to a March 2018 report by Credence Research, India is set to witness the highest growth rate for t-shirts sale in the Asia-
Pacific region over the next five years.

Entity Details

Entity & Owner Details:

Name of the Proprietor Prathik Bhat
Name of the Entity Lamer Dravis
PAN FTPPB2090N
Year of Establishment April, 2023
Form of Business Entity Proprietorship
Business Description Innovative clothing & Manufacturer
Address of the Entity #77, Michigan Layout, Dharwad-580001

Cost of Project

Application of Fund
1. Working Capital 10,00,000
Total Investments 10,00,000

Sources of Fund
1. Bank OD (100%) 10,00,000
Total 10,00,000
 PROJECTED TRADING & PROFIT AND LOSS ACCOUNT
PARTICULARS 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
(1 Months) (1 Year) (1 Year) (1 Year) (1 Year) (11 Months)
Revenue from Operation: 2,37,500 26,05,000 28,65,500 31,52,050 34,67,255 38,13,981

Total (A) 2,37,500 26,05,000 28,65,500 31,52,050 34,67,255 38,13,981

Expenses:
Materials Purchased 1,42,500 15,63,000 17,19,300 18,91,230 20,80,353 22,88,388
Salary and wages 40,000 4,80,000 5,28,000 5,80,800 6,38,880 7,02,768
Repairs and Maintenance 6,210 99,360 1,09,296 1,20,226 1,32,248 1,45,473
Travelling/Vehicle exp. 5,900 36,680 40,348 44,383 48,821 53,703
Advertisement Exp. 3,690 34,890 38,379 42,217 46,439 51,082
Electricity Bill 550 7,700 8,470 9,317 10,249 11,274
Rent 8,000 96,000 96,000 96,000 96,000 96,001
Interest on Bank OD 9,583 1,15,000 1,15,000 1,15,000 1,15,000 1,05,417
Total (B) 2,16,433 24,32,630 26,54,793 28,99,172 31,67,990 34,54,106
Profit before Tax 21,067 1,72,370 2,10,707 2,52,878 2,99,265 3,59,874
Less: Provision for Income Tax - - - - - -
Net Profit 21,067 1,72,370 2,10,707 2,52,878 2,99,265 3,59,874
Add: Depreciation - - - - - -
Cash Profits 21,067 1,72,370 2,10,707 2,52,878 2,99,265 3,59,874

PROJECTED BALANCE SHEET FOR THE YEAR

ASSETS 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
(1 Months) (1 Year) (1 Year) (1 Year) (1 Year) (11 Months)
CURRENT ASSETS
Cash & Bank Balance 10,21,067 11,93,437 14,04,144 16,57,021 19,56,287 23,16,161
Total 10,21,067 11,93,437 14,04,144 16,57,021 19,56,287 23,16,161
CAPITAL & LIABILITIES
Equity:
Capital Account - 21,067 1,93,437 4,04,144 6,57,021 9,56,287
Profit and Loss Account 21,067 1,72,370 2,10,707 2,52,878 2,99,265 3,59,874

Current Liabilities
Bank OD 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
Total 10,21,067 11,93,437 14,04,144 16,57,021 19,56,287 23,16,161
 Cash Flow Statement
Source of Fund 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Net Profit after Tax 21,067 1,72,370 2,10,707 2,52,878 2,99,265 3,59,874
Add: Depreciation - - - - - -
Add: Interest payment 9,583 1,15,000 1,15,000 1,15,000 1,15,000 1,05,417
Bank OD 10,00,000 - - - -
Propreitors Contribution - - - - -
Total (A) 10,30,650 2,87,370 3,25,707 3,67,878 4,14,265 4,65,291

Application of Fund
Fixed Asset - - - - - -
Interest paid 9,583 1,15,000 1,15,000 1,15,000 1,15,000 1,05,417
Total (B) 9,583 1,15,000 1,15,000 1,15,000 1,15,000 1,05,417

Surplus Fund by Operation 10,21,067 1,72,370 2,10,707 2,52,878 2,99,265 3,59,874

Add:Op. Cash & Bank Balance - 10,21,067 11,93,437 14,04,144 16,57,021 19,56,287
Closing Cash & Bank Balance 10,21,067 11,93,437 14,04,144 16,57,021 19,56,287 23,16,161
 Debt Service Coverage Ratio (DSCR)
Particulars 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Profit After Taxation 21,067 1,72,370 2,10,707 2,52,878 2,99,265 3,59,874
Add: Interest 9,583 1,15,000 1,15,000 1,15,000 1,15,000 1,05,417
Add: Depreciation - - - - - -

Total (A) 30,650 2,87,370 3,25,707 3,67,878 4,14,265 4,65,291

Payment of Interest 9,583 1,15,000 1,15,000 1,15,000 1,15,000 1,05,417

Total (B) 9,583 1,15,000 1,15,000 1,15,000 1,15,000 1,05,417

DSCR (A / B) 3.20 2.50 2.83 3.20 3.60 4.41
Average DSCR 3.03
Note: For Avg DSCR calculation Year 2023-24 & 2028-29 Not considered becouse of Abnormal Value

Current Ratio
Particulars 2023-24 2024-25 2025-26 2026-27 2027-28 2030-31
Total current assets 10,21,067 11,93,437 14,04,144 16,57,021 19,56,287 23,16,161
Total current liabilities 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000

Current Ratio 1.02 1.19 1.40 1.66 1.96 2.32

Average current ratio 1.55
Note: For Avg current ratio calculation Year 2023-24 & 2028-29 Not considered becouse of Abnormal Value