PROJECT REPORT OF

M/S AADARSH TURMERIC & SPICES PLANT

INDEX
SR.
NO. PARTICULARS PG NO
S
1 INTRODUCTION TO PROJECT & PROMOTOR 1
2 COST OF PROJECT AND MEANS OF FINANCE 2
3 DEPRECIATION WORKING 3
4 PROJECTED PROFITABILITY STATEMENT 4
5 PROJECTED BALANCE SHEET 5
6 RATIO ANALYSIS 6
7 COMPUTATION OF D.S.C.R. 7
8 PROJECTED CASH FLOW STATEMENT 8
9 INTEREST & REPAYMENT OF TERM LOAN 9,10
 PROJECT PROFILE
PG 2

PARTICULARS AMOUNT AMOUNT

COST OF PROJECT :

1.Shed 961,500

2. Plant, Machinery ,Installation,Trasportation etc 2,538,500

3.Working Capital 1,500,000

TOTAL 5,000,000

MEANS OF FINANCE

1. Proprietor's Own Capital 5.00% 250,000

2. Term Loan From Banks 95.00% 4,750,000

TOTAL 5,000,000

Note:
Bank Contribution 60% 3000000
CMEGP Subsidy 35% 1750000
Own Contribution 5% 250000
 FINANCIAL PROJECTION :
PROJECTED PROFITABILITY STATEMENT :
PG 4
YEARS OF PROJECTIONS
PARTICULARS
1 2 3 4 5 6

Gross Sale 11,250,000 11,812,500 12,403,125 13,023,281 13,674,445 14,358,168

-
TOTAL REVUNUE : 11,250,000 11,812,500 12,403,125 13,023,281 13,674,445 14,358,168

Cost of Sale
Raw Material 7,312,500 7,678,125 8,062,031 8,465,133 8,888,389 9,332,809
Trasportation Exp 337,500 354,375 372,094 390,698 410,233 430,745
Misc Exp 120,000 120,000 120,000 120,000 120,000 120,000
Marketing Exp 90,000 94,500 99,225 104,186 109,396 114,865
Power & Fuel 570,000 627,000 689,700 758,670 834,537 917,991
Salaries & Wages 750,000 825,000 907,500 998,250 1,098,075 1,207,883
Depreciation 476,925 410,194 352,991 303,937 261,851 225,728
Repair & Maintenance 60,360 66,396 73,036 80,339 88,373 97,210
Bank Interest 557,168 456,627 356,085 67,248 40,790 14,332
TOTAL EXPENSES 10,274,453 10,632,216 11,032,662 11,288,462 11,851,644 12,461,562

Net Profit 975,547 1,180,284 1,370,463 1,734,820 1,822,801 1,896,606

Income Tax 120,109 179,085 236,139 345,446 371,840 393,982

NET PROFIT AFTER TAX 855,437 1,001,198 1,134,324 1,389,374 1,450,961 1,502,624
8.67 9.99 11.05 13.32 13.33 13.21
Depreciation Chart PG 3
Yearwise Depreciation
Particulars
1 2 3 4 5 6

Building & Furniture 961,500 865,350 778,815 700,934 630,840 567,756

Rate 10% 10% 10% 10% 10% 10%
Dep. 96,150 86,535 77,882 70,093 63,084 56,776
Cl Value 865,350 778,815 700,934 630,840 567,756 510,981

Plant & Machinery 2,538,500 2,157,725 1,834,066 1,558,956 1,325,113 1,126,346

Rate 15% 15% 15% 15% 15% 15%
Dep. 380,775 323,659 275,110 233,843 198,767 168,952
Cl Value 2,157,725 1,834,066 1,558,956 1,325,113 1,126,346 957,394

WDV 3,023,075 2,612,881 2,259,890 1,955,953 1,694,102 1,468,375

Total Depreciation 476,925 410,194 352,991 303,937 261,851 225,728
CALCULATION OF DEBT SERVICE COVERAGE RATIO
PG 7
PARTICULARS YEARS
1st 2nd 3rd 4th 5th 6th
COVER AVAILABLE
1 Net Profit after tax 855,437 1,001,198 1,134,324 1,389,374 1,450,961 1,502,624
2 Add: depreciation 476,925 410,194 352,991 303,937 261,851 225,728
3 Term Loan Interest 557,168 456,627 356,085 67,248 40,790 14,332

1,889,531 1,868,019 1,843,401 1,760,559 1,753,602 1,742,683

SERVICE OBLIGATION
1 Term Loan Interest 557,168 456,627 356,085 67,248 40,790 14,332
2 Term Loan Instalment 791,667 791,667 791,667 208,333 208,333 208,333
3 Promotor Withdrawals 240,000 240,000 240,000 240,000 240,000 240,000

1,588,835 1,488,293 1,387,752 515,582 489,123 462,665

D.S.C.R. 1.19 1.26 1.33 3.41 3.59 3.77

AVERAGE D.S.C.R. 2.42

 PG 8

PROJECTED CASH FLOW STATEMENT

PARTICULARS Starting YEARS

1st 2nd 3rd 4th 5th 6th
INFLOW OF FUND

Increase in Share capital 250,000

Increase in Term Loan 4,750,000

Net Profit after Tax 855,437 1,001,198 1,134,324 1,389,374 1,450,961 1,502,624

Depreciation 476,925 410,194 352,991 303,937 261,851 225,728

TOTAL SOURCES 5,000,000 1,332,362 1,411,392 1,487,315 1,693,310 1,712,812 1,728,351

OUTFLOW OF FUND

Increase in Capital Exp. 3,500,000

Increase in Inventories 1,500,000 55,500 58,275 61,189 64,248 67,461 70,834

Increase in receivable 140,000 147,000 154,350 162,068 170,171 178,679

Term Loan repayment 791,667 791,667 791,667 208,333 208,333 208,333

Promotor Withdrawal 240,000 240,000 240,000 240,000 240,000 240,000

Increase in Current assets

TOTAL DISPOSITION 5,000,000 1,227,167 1,236,942 1,247,205 674,649 685,965 697,846

Opening Balance - - 105,196 279,646 519,756 1,538,418 2,565,264

Net Surplus - 105,196 174,451 240,110 1,018,661 1,026,847 1,030,505

Closing Balance - 105,196 279,646 519,756 1,538,418 2,565,264 3,595,770
 PG 5

PROJECTED BALANCE SHEET AT THE END OF

PARTICULARS Starting 1ST 2ND 3RD 4TH 5TH 6TH

A)Capital and Liabilities:
Equity/Capital 250,000 250,000 250,000 250,000 250,000 250,000 250,000

Reserves/Surplus 615,437 1,376,636 2,270,960 3,420,333 4,631,294 5,893,918

Bank Term Loan 4,750,000 3,958,333 3,166,667 2,375,000 416,667 208,333 (0)

CMEGP Subsidy 1,750,000 1,750,000 1,750,000

TOTAL 4,823,771 4,793,302 4,895,960 5,837,000 6,839,627 7,893,918

B) Fixed Assets
Gross Block 3,500,000 3,500,000 3,023,075 2,612,881 2,259,890 1,955,953 1,694,102
Depreciation - 476,925 410,194 352,991 303,937 261,851 225,728
Net Block 3,500,000 3,023,075 2,612,881 2,259,890 1,955,953 1,694,102 1,468,375
C)Current Assets
Inventories 1,500,000 1,555,500 1,613,775 1,674,964 1,739,212 1,806,673 1,877,506
Receivables - 140,000 287,000 441,350 603,418 773,588 952,268
Other current assets - - - - - -
cash/Bank balance 105,196 279,646 519,756 1,538,418 2,565,264 3,595,770

TOTAL 4,823,771 4,793,302 4,895,960 5,837,000 6,839,627 7,893,918

Note: - - - - - -
Projection on the basis of Information provided by the client, We do not certify its accuracy as its projection on the basis
of some assumtions.
0
 PG 6

RATIO ANALYSIS FOR THE PROJECT

PARTICULARS Starting YEAR
1st 2nd 3rd 4th 5th 6th
A DEBT EQUITY RATIO
Long Term Debt 3,958,333 3,166,667 2,375,000 416,667 208,333 (0)
Capital Employed 865,437 1,626,636 2,520,960 3,670,333 4,881,294 6,143,918
4.57 1.95 0.94 0.11 0.04 (0.00)

B CURRENT RATIO

Current Assets 1,800,696 2,180,421 2,636,070 3,881,047 5,145,525 6,425,543

Current Liabilities - - - - - -
- - - - - -
C NET PROFIT RATIO
Net Profit before Tax 975,547 1,180,284 1,370,463 1,734,820 1,822,801 1,896,606
Sales 11,250,000 11,812,500 12,403,125 13,023,281 13,674,445 14,358,168
8.7 10.0 11.0 13.3 13.3 13.2
Term Loan Amount : 4,750,000.00 PG 9
Rate of Interest : 12.70%
Repayment : 72 Monthly Instalment

Year Months Principal Repayment Closing Bal. Interest

1 1 4,750,000 65,972 4,684,028 50,271

2 4,684,028 65,972 4,618,056 49,573
3 4,618,056 65,972 4,552,083 48,874
4 4,552,083 65,972 4,486,111 48,176
5 4,486,111 65,972 4,420,139 47,478
6 4,420,139 65,972 4,354,167 46,780
7 4,354,167 65,972 4,288,194 46,082
8 4,288,194 65,972 4,222,222 45,383
9 4,222,222 65,972 4,156,250 44,685
10 4,156,250 65,972 4,090,278 43,987
11 4,090,278 65,972 4,024,306 43,289
12 4,024,306 65,972 3,958,333 42,591
791,667 557,168

Year Months Principal Repayment Closing Bal. Interest

2 1 3,958,333 65,972 3,892,361 41,892

2 3,892,361 65,972 3,826,389 41,194
3 3,826,389 65,972 3,760,417 40,496
4 3,760,417 65,972 3,694,444 39,798
5 3,694,444 65,972 3,628,472 39,100
6 3,628,472 65,972 3,562,500 38,401
7 3,562,500 65,972 3,496,528 37,703
8 3,496,528 65,972 3,430,556 37,005
9 3,430,556 65,972 3,364,583 36,307
10 3,364,583 65,972 3,298,611 35,609
11 3,298,611 65,972 3,232,639 34,910
12 3,232,639 65,972 3,166,667 34,212
791,667 456,627

Year Months Principal Repayment Closing Bal. Interest

3 1 3,166,667 65,972 3,100,694 33,514

2 3,100,694 65,972 3,034,722 32,816
3 3,034,722 65,972 2,968,750 32,117
4 2,968,750 65,972 2,902,778 31,419
5 2,902,778 65,972 2,836,806 30,721
6 2,836,806 65,972 2,770,833 30,023
7 2,770,833 65,972 2,704,861 29,325
8 2,704,861 65,972 2,638,889 28,626
9 2,638,889 65,972 2,572,917 27,928
10 2,572,917 65,972 2,506,944 27,230
11 2,506,944 65,972 2,440,972 26,532
12 2,440,972 65,972 2,375,000 25,834
791,667 356,085
 PG 10

Year Months Principal Repayment Closing Bal. Interest

4 1 625,000 17,361 607,639 6,615

2 607,639 17,361 590,278 6,431
3 590,278 17,361 572,917 6,247
4 572,917 17,361 555,556 6,063
5 555,556 17,361 538,194 5,880
6 538,194 17,361 520,833 5,696
7 520,833 17,361 503,472 5,512
8 503,472 17,361 486,111 5,328
9 486,111 17,361 468,750 5,145
10 468,750 17,361 451,389 4,961
11 451,389 17,361 434,028 4,777
12 434,028 17,361 416,667 4,593
208,333 67,248

Year Months Principal Repayment Closing Bal. Interest

5 1 416,667 17,361 399,306 4,410

2 399,306 17,361 381,944 4,226
3 381,944 17,361 364,583 4,042
4 364,583 17,361 347,222 3,859
5 347,222 17,361 329,861 3,675
6 329,861 17,361 312,500 3,491
7 312,500 17,361 295,139 3,307
8 295,139 17,361 277,778 3,124
9 277,778 17,361 260,417 2,940
10 260,417 17,361 243,056 2,756
11 243,056 17,361 225,694 2,572
12 225,694 17,361 208,333 2,389
208,333 40,790

Year Months Principal Repayment Closing Bal. Interest

6 1 208,333 17,361 190,972 2,205

2 190,972 17,361 173,611 2,021
3 173,611 17,361 156,250 1,837
4 156,250 17,361 138,889 1,654
5 138,889 17,361 121,528 1,470
6 121,528 17,361 104,167 1,286
7 104,167 17,361 86,806 1,102
8 86,806 17,361 69,444 919
9 69,444 17,361 52,083 735
10 52,083 17,361 34,722 551
11 34,722 17,361 17,361 367
12 17,361 17,361 - 184
208,333 14,332