Project_Report Final 2023

NORTH TECHNOPROJECTS INDIA (P) LTD.
PROJECT REPORT FOR EPIP DURGAPUR
INDEX
SL. NO. PAGE NO.

1 PROJECT REVIEW 1
2 PROJECT SUMMARY 1
3 COMPANY PROFILE & BUSINESS
4 PRODUCT DESCRIPTION
5 COMPANY HISTORY
6 BUSINESS AREAS
7 MARKET POTENTIAL & CLIENTS
8 KEY MANAGERIAL PERSON
9 PROMOTERS DESCRIPTION
10 SWOT ANALYSIS
11 MEANS OF FINANCE
12 PROJECTS COST
13 LAND & SITE DEVELOPMENT
14 PLANT & MACHINERIES
15 STUCTURE & ACCESSORIES
16 MISC. FIXED ASSETS
17 PRELIMINARY & PREOPERATIVE EXPENSES
18 ALLOCATION OFPREOPERATIVE EXPENSES
19 DEBT SERVICE COVERAGE RATIO
20 REPAYMENT OF LOAN SCHEDULE
21 PROJECTED LOSS & PROFIT A/C.
22 PROJECTED BALANCE SHEET
23 CASH FLOW STATEMENT
24 COMPUTATION OF WORKING CAPITAL
25 INTERNAL RATE OF RETURN
26 PAYBACK PERIOD
27 INTEREST COVERAGE RATIO
28 BREAKEVEN ANALYSIS
29 CALCULATION OF DEPRECIATION U/S COMPANY ACT
30 CALCULATION OF DEPRECIATION U/S I.T. ACT
31 COMPUTATION OF INCOME TAX
32 WEIGHTED AVERAGE COST OF CAPITAL
33 SENSITIVITY ANALYSIS
Page 1 of 56
SUPPORTING DOCUMENTS
SL. NO.
1 PAN of The Company
2 Trade Licence
3 ROC Status on Share Capital
4 ROC Status on Present Directors
5 Central Excise Registration No.
6 Service Tax Registration No.
7 Sketch Map of Plot Alloted
8 Internal Map of the Site
9 Location of Factory Google Maps Image
Letter of Provisional Allotment & Acknowledgement on DD
10
payment for Registration
11 Latest Service Tax Return (ST-3)
12 IT Return & Audited PL & Balance Sheet for the Year
2014-15 Provisional
2013-14 Audited
2012-13 Audited
13 Memorandum Of Article
14 Form - 32
15 ME-Part -I
16 Quotation on Plant & Machineries
17 Provisional Balance Sheet
18 PAN of The Directors
Mr. Amit Sarkar
Mr. Pushkar Sinha
19 3 Years IT Return of Directors
Mr. Amit Sarkar
Mr. Pushkar Sinha
20 Personal Balance Sheet of Directors
Mr. Amit Sarkar
Mr. Pushkar Sinha
21 Lease Deed of Collateral Security Separately Attached
22 Board Resolution on
Interest free Unsecured Loan Separately Attached
Draw Down Schedule
Open a CA Account
23 EPIP Factory land Registration Deed
24 Search Report
25 Valuation Report
26 Rs.10 Stamp (3pc) & Rs. 50/- (I pc) Separately Attached
27 Loan Application Form Separately Attached
Page 2 of 56
28 Board Note on CD
29 HDFC / PNB CC loan statement up to date Separately Attached
30 Pollution Clearence
31 Application for electricity
32 Valuation Report of Collatorial Security Kolkata Flat
33 Valuation Report of Factory Shed
34 HDFC Loan Clearence
Page 3 of 56
PROJECT PREVIEW
NAME OF THE COMPANY NORTH TECHNOPROJECTS INDIA PVT. LTD.

PROMOTERS MR. AMIT SARKAR
MR. PUSHKAR PRASAD SINHA
KEY PERSONAL MANAGEMENT MR. AMIT SARKAR
MR. PUSHKAR PRASAD SINHA
MR. ATANU SINHA
MR. SURAJIT KUNDU
MR. PURNENDU MUKHERJEE
CONSTITUTION PRIVATE LIMITED COMPANY

DATE OF INCORPORATION 22/07/2008
CERTIFICATE OF INCORPORATION U72900WB2008PTC127729
REGISTERED OFFICE 3/8, UDAY SANKAR BITHI, CITY CENTRE, DURGAPUR-
713216, WEST BENGAL
Ph: +91-9674740808
Email: info@northtechnoprojects.com
WEB: www.northtechnoprojects.com
EARLIER FACTORY LOCATION SHED NO.S/10, DURGAPUR INDUSTRIAL ESTATE, J.P.

AVENUE, DURGAPUR -713212, WEST BENGAL
EARLIER FACTORY LOCATION BIRSHINGHAPUR, BANKURA-722202, WEST BENGAL
FACTORY LOCATION PLOT NO.A, BANSKOPA, EPIP, DURGAPUR-713212, WEST
BENGAL
MANUFACTURING OF BOILER, HEAT EXCHANGERS,
BUSINESS ACTIVITY
ACCESSORIES & SPARES
LAND & FACTORY SHED: THE COMPANY HAS BEEN ALLOTED
AN UNDEVELOPED LAND FOR FIFTY(50) YEARS BY WBSIDC
REF.:SB1240/5DATED 26.07.2012 & THE SAME IS
REGISTERED IN THE NAME OF THE COMPANY
(REGISTRATION DEED SUBMITTED HEREWITH).
MUTATION: NOT
REQUIRED NOC FROM
PANCHAYAT: ATTACHED HEREWITH.
GOVERNMENT CONCERN POLLUTION CLEARANCE: APPLICATION FOR POLLUTION
CLEARANCE FOR THE PROPOSED PROJECT HAS BEEN DULY
OBTAINED VIDE MEMO NO.1186 / SUB-DICI DGP/11-12
ORDER NO CFE/ORNGE/162 DATED 03/11/2011.
POWER: SOURCE- DURGAPUR PROJECTS LTD.(DPL).

APPLICATION TO BE MADE AFTER REGISTRATION OF
FACTORY LAND.
Page 4 of 56
PROJECT SUMMARY
ALL FIG. IN LACS INR

TOTAL PROJECT COST 251.78
TERM LOAN 200.00
PROMOTERS CONTRIBUTION 60.00
CC LOAN 130.87
BG LIMIT 50.00
LC LIMIT 50.00
DSCR 5.51
PAYBACK PERIOD (YEARS) 9.64
DEBT EQUITY RATIO 1.47
INTERNAL RATE OF RETURN (IRR) 43.57%
BREAK EVEN POINT 53%
CASH BREAK EVEN POINT 40%
NO. OF WORKING DAYS IN A YEAR 310
PROJECT COMPLETION SEP, 2015
COMMENCEMENT OF COMMERCIAL PRODUCTION OCT, 2015
REPAYMENT SCHEDULE OF TERM LOAN (MONTHLY INSTALLMENTS) 54
MORATORIUM (MONTHS) 18
REPAYMENT STARTS FROM 10/1/2017
REPAYMENT ENDS ON 3/31/2022
PROPOSED RATE OF INTEREST
TERM LOAN 12.50%
WORKING CAPITAL 12.50%
Page 5 of 56
MEANS OF FINANCING

SL NO. PARTICULARS AMOUNT AMOUNT
1 PROMOTERS CONTRIBUTION
A) FOR PROJECT COST
SHARE CAPITAL 34.38
UNSECURED LOAN 23.78
58.16
B) FOR WORKING CAPITAL
SHARE CAPITAL 43.62 101.78
2 BANK FINANCE
TERM LOAN 150.00
TOTAL FINANCE 251.78
DEBT EQUITY RATIO (BASED ON PROJECT HARD 2.58

COST)
DEBT EQUITY RATIO (BASED ON PROJECT COST) 1.47
Page 6 of 56
COMPUTATION OF THE CAPITAL COST OF THE PROJECT

Sl. No. PARTICULARS AMOUNT AMOUNT
1 LAND & CIVIL WORKS 22.50
2 PLANT & MACHINERY -IMPORTED 0.00
PLANT & MACHINERY -LOCAL 175.00 175.00
3 STRUCTURE-ACCESSORIES & OTHERS 0.00
4 MISCLLENEOUS FIXED ASSETS 0.00
5 CONTINGENCIES @3.5% 6.91
COST OF FIXED ASSETS 204.41
6 PRELIMINARY EXPENSES 0.00
PREOPERATIVE EXPENSES 3.74 3.74
CAPITAL COST 208.16
7 MARGIN MONEY FOR WORKING CAPITAL 43.62
TOTAL PROJECT COST 251.78
SUGGESTED MEANS OF FINANCING

SL NO PARTICULARS AMOUNT AMOUNT
1 PROMOTER'S CONTRIBUTION
PROMOTERS CONTRIBUTION 60.00
UNSECURED LOAN/QUASY EQUITY 41.78 101.78
2 TERM LOAN
-FOREIGN CURRENCY 0.00
-RUPEE 150.00 150.00
TOTAL 251.78
DEBT EQUITY RATIO 1.47

ASSET COVERAGE RATIO 1.36
Page 7 of 56
204.41 153.31 51.10
204.41 153.31
Page 8 of 56
DETAILS OF CAPITAL COST ESTIMATES
LAND AND SITE DEVELOPMENT

SL. PARTICULARS UNITS QUANTITY RATE AMOUNT
NO.
1 UNDEVELOPED LAND - PLOT A KATHAS 120.9 0.00
(ALLOTED BY WBSIDC LTD)
1a. LEGAL CHARGES

i. STAMP DUTY, REGN. & OTHER CHARGES 0.00
ii. MUTATION CHARGES 0.00
iii. CONVERSION CHARGES 0.00
2 SITE DEVELOPMENT:-
a. LAND FILLING 0.00
b. INTERNAL ROADS 0.00
c. BOUNDARY WALLS ( INCLUDING GATES ETC.) 0.00
d. COMPOUND LIGHTING (SODIUM VAPOUR LAMPS) 5 0.10 0.00
e. SEWERAGE SYSTEM 0.00

f. SOIL TEST REPORT 0.00
g. COST OF MAIN GATE 0.00
h. PLASTERING 0.00
i. DRAINS 0.00
j. DRINKING WATER SYSTEM 0.00
k. SHED FOUNDATION 22.50
l. SHED FLOORING 0.00
m. LABOUR HUT 0.00
n. OFFICE BUILDING 0.00
o. GATE HOUSE 0.00
p. COMMON ROAD 0.00
q. SECURITY TOWER 0.00
r. TESTING LAB 0.00
s. RADIOGRAPHY PITS PROVISION - BARC APPROVED 0.00
DESIGN
t. EQUIPMENT FOUNDATION 0.00
TOTAL 22.50
Page 9 of 56
ESTIMATES OF CAPITAL COST FOR PLANT & MACHINERY

SL. NO. PARTICULARS QTY. RATE AMOUNT
(INR)
1 PLATE BENDING MACHINE: COLD BENDING CAPACITY UPTO 1 NO. 17,500,000 175.00
45MM THK. PLATE
DELIVERY AT WORKS AND COMMISSIONING LS -
2 LOW POWER CONSUMPTION 400 AMPS. MIG WELDING 2 NOS. - -

MACHINE WITH SPARES MAKE : ESAB /ADOR/SAG/D&H
3 LOW POWER CONSUMPTION 220 AMPS. TIG CUM MMAW 4 NOS. - -

WELDING MACHINE WITH SPARES MAKE : ESAB /ADOR
4 LOW POWER CONSUMPTION 400 AMPS. WELDING 2 NOS. - -

RECTIFIER / INVERTER WITH REMOTE AND SPARES MAKE :
ESAB /ADOR / DELTAWELD
5 UPS: 25 KVA 1 NO. - -

6 PAINT SHOP ACCESSORIES 1 NO. - -
7 INCOMER / DISTRIBUTION TRANSFORMER 1 NO. - -
8 OXYGEN / ARGON / CUTOGEN GAS HOLDER 1 NO. - -
9 WELDING ACCESSORIES, CABLES AND SPARES 1 SET - -
10 LIFTING AND HOLDING EQUIPMENTS 1 SET - -
11 TUBE EXPANSION EQUIPMENT 1 SET - -
12 TUBESHEET GROOVING EQUIPMENT 1 SET - -
13 SAFETY EQUIPMENTS AND ACCESSORIES 1 SET - -
14 FASTENER TIGHTENING MACHINE 1 SET - -

15 G AND L - FIN WELDING 1 SET - -
16 TESTING AND LABORATORY EQUIPMENT 1 SET - -
17 TUBE END PREPARATION MACHINE 1 SET - -
18 GRINDING AND POWER SAW MACHINE 1 SET - -
19 TUBE SWAGING MACHINE 1 SET - -

20 GANTRY WELDING - 2 HEAD PANEL WELDING 1 SET - -
TOTAL 175.00
Note: Rate including Excise duty, Transporatation & transit insurance & loading & unloading charges
Page 10 of 56
ESTIMATES OF STRUCTURE & ACCESSORIES

SL. NO. PARTICULARS QTY. RATE AMOUNT
1 25 MT EOT CRANE WITH MONORAIL 1 NO. 15.00 15.00
2 MAIN ELECTRICAL DISTRIBUTION PANEL WITH CABLES, BUS LOT 5.00 5.00
DUCT, SWITCHES ETC.ALONG WITH LOCAL LPBS, JUNCTION BOX
AND EXTENSION BOARDS.
3 FACTORY SHED: 30MTR. X 22MTR. 1 NO. 15.00 15.00
4 COVERED STORE : 10MTR. X 10MTR. 1 NO. 4.00 5.00
5 TESTING AND MEASURING BAY STRUCTURES AND FIXTURES LOT 2.00 2.00
6 CYCLE STAND LOT 0.50 0.50
7 STOREYARD WITH GANTRY LOT 2.00 2.00
8 JIGS AND FIXTURES LOT 4.00 4.00
8 STRESS RELIEVING / PREHEAT FURNACE 1 LOT 2.00 2.00
TOTAL 0.00
Page 11 of 56
DETAILS OF MISCELLANEOUS FIXED ASSETS

SL. NO. DESCRIPTIONS AMOUNT
1 COMPUTER & ACCESSORIES 4.00
2 A.C. MACHINE 2.00
3 FURNITURE & FIXTURE 4.00
TOTAL 0.00
Page 12 of 56
ESTIMATION OF PRELIMINARY AND PRE-OPERATIVE EXPENSES

SL. NO. PARTICULARS AMOUNT
1 PRELIMINARY EXPENSES
i) COMPANY FORMATION EXPENSES EXISTING CO.
ii) ROC CHARGES FOR INCREASING AUTHORISED CAPITAL 0.00 0.00
TOTAL 0.00
2 PREOPERATIVE EXPENSES
a) SECURITY DEPOSIT 2.00
b) INTEREST DURING CONSTRUCTION PERIOD 3.75
c) PROCESSING FEES PAYABLE TO THE LENDER 0.80
d) ESTABLISHMENT EXPENSES
i) SALARY & WAGES FOR 4 MONTHS
SKILLED EMPLOYEE 4.80
ii) ADMINISTRATIVE OVERHEAD 0.80 5.60
e) RATES & TAXES
PROCESSING FEES & OTHER CHARGES FOR INDUSTRIAL LICENCES
PROCESSING FEES FOR POLLUTION CLEARENCES 0.5
TRADE LICENCE FEES 0.01
PROFESSIONAL FEES 0.03
MUNICIPAL TAX 0.1
WATER TAX 0.05 0.69
f) TRIAL RUN EXPENSES 0.10
g) TOUR & TRAVELLING EXPENSES (L.S.) (RS.15000/- x 4M) 0.60
h) MARKET RESEARCH 0.10
i) INSURANCE DURING CONSTRUCTION PERIOD 2.50
j) LEGAL EXPENSES & CONSULTANCY FEES 2.00
TOTAL 3.74
Page 13 of 56
ALLOCATION OF CONTINGENCIES & PREOPERATIVE EXPENSES

SL. BEST CONTINGENCY PREOPERATIVE
PARTICULARS TOTAL
NO. COST 3.50% EXP.
1 LAND & CIVIL WORKS 22.50 0.79 0.00 23.29
2 PLANT & MACHINERY -LOCAL 175.00 6.13 0.00 181.12
3 STRUCTURE-ACCESSORIES & OTHERS 0.00 0.00 0.00 0.00
4 MISCLLENEOUS FIXED ASSETS 0.00 0.00 0.00 0.00
5 CONTINGENCIES @3.5% 6.91
7 PREOPERATIVE EXPENSES -0.01
TOTAL 204.41 6.91 -14.40 204.41
Page 14 of 56
COMPUTATION OF DEBT SERVICE COVERAGE RATIO

PARTICULARS YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5 YEAR-6
PROFIT AFTER TAX & DEPRECIATION 109.71 82.19 114.61 148.11 188.00 233.33
ADD DEPN. & PRE. EXP W/O 35.11 28.94 23.88 19.71 16.28 13.46
ADD INTEREST ON TERM LOAN 14.38 11.98 9.49 6.99 4.50 2.00
TOTAL (I) 159.20 123.12 147.98 174.80 208.78 248.79
INSTALMENTS ON TERM LOAN 18.72 24.96 24.96 24.96 24.96 24.96

INTEREST ON TERM LOAN 14.38 11.98 9.49 6.99 4.50 2.00
TOTAL (II) 33.10 36.94 34.45 31.95 29.46 26.96
DSCR (I/II) 4.81 3.33 4.30 5.47 7.09 9.23
AVERAGE DSCR = 5.51
MAXIMUM DSCR = 4.81
MINIMUM DSCR = 4.30
Page 15 of 56
LOAN DATA
TERM LOAN 150.00

RATE OF INTEREST 10.00%
REPAYMENT IN INSTALMENT 36 MONTHS
MORATORIUM PERIOD 12 MONTHS
OPENING TOTAL CLOSING
YEAR INTEREST PRINCIPLE
BAL. PAYMENT BAL.
YEAR-1 150.00 14.38 18.72 33.10 131.28
YEAR-2 131.28 11.98 24.96 36.94 106.32
YEAR-3 106.32 9.49 24.96 34.45 81.36
YEAR-4 81.36 6.99 24.96 31.95 56.40
YEAR-5 56.40 4.50 24.96 29.46 31.44
YEAR-6 31.44 2.00 24.96 26.96 6.48
YEAR-1
BAL. PAYMENT BAL.
MONTH-1 150.00 1.25 - 1.25 150.00
MONTH-2 150.00 1.25 - 1.25 150.00
MONTH-3 150.00 1.25 - 1.25 150.00
MONTH-4 150.00 1.25 2.08 3.33 147.92
MONTH-5 147.92 1.23 2.08 3.31 145.84
MONTH-6 145.84 1.22 2.08 3.30 143.76
MONTH-7 143.76 1.20 2.08 3.28 141.68
MONTH-8 141.68 1.18 2.08 3.26 139.60
MONTH-9 139.60 1.16 2.08 3.24 137.52
MONTH-10 137.52 1.15 2.08 3.23 135.44
MONTH-11 135.44 1.13 2.08 3.21 133.36
MONTH-12 133.36 1.11 2.08 3.19 131.28
Total 14.38 18.72 33.10
YEAR-2
BAL. PAYMENT BAL.
MONTH-1 131.28 1.09 2.08 3.17 129.20
MONTH-2 129.20 1.08 2.08 3.16 127.12
MONTH-3 127.12 1.06 2.08 3.14 125.04
MONTH-4 125.04 1.04 2.08 3.12 122.96
MONTH-5 122.96 1.02 2.08 3.10 120.88
MONTH-6 120.88 1.01 2.08 3.09 118.80
MONTH-7 118.80 0.99 2.08 3.07 116.72
MONTH-8 116.72 0.97 2.08 3.05 114.64
MONTH-9 114.64 0.96 2.08 3.04 112.56
MONTH-10 112.56 0.94 2.08 3.02 110.48
MONTH-11 110.48 0.92 2.08 3.00 108.40
Page 16 of 56
MONTH-12 108.40 0.90 2.08 2.98 106.32

Total 11.98 24.96 36.94
YEAR-3
BAL. PAYMENT BAL.
MONTH-1 106.32 0.89 2.08 2.97 104.24
MONTH-2 104.24 0.87 2.08 2.95 102.16
MONTH-3 102.16 0.85 2.08 2.93 100.08
MONTH-4 100.08 0.83 2.08 2.91 98.00
MONTH-5 98.00 0.82 2.08 2.90 95.92
MONTH-6 95.92 0.80 2.08 2.88 93.84
MONTH-7 93.84 0.78 2.08 2.86 91.76
MONTH-8 91.76 0.76 2.08 2.84 89.68
MONTH-9 89.68 0.75 2.08 2.83 87.60
MONTH-10 87.60 0.73 2.08 2.81 85.52
MONTH-11 85.52 0.71 2.08 2.79 83.44
MONTH-12 83.44 0.70 2.08 2.78 81.36
Total 9.49 24.96 34.45
YEAR-4
BAL. PAYMENT BAL.
MONTH-1 81.36 0.68 2.08 2.76 79.28
MONTH-2 79.28 0.66 2.08 2.74 77.20
MONTH-3 77.20 0.64 2.08 2.72 75.12
MONTH-4 75.12 0.63 2.08 2.71 73.04
MONTH-5 73.04 0.61 2.08 2.69 70.96
MONTH-6 70.96 0.59 2.08 2.67 68.88
MONTH-7 68.88 0.57 2.08 2.65 66.80
MONTH-8 66.80 0.56 2.08 2.64 64.72
MONTH-9 64.72 0.54 2.08 2.62 62.64
MONTH-10 62.64 0.52 2.08 2.60 60.56
MONTH-11 60.56 0.50 2.08 2.58 58.48
MONTH-12 58.48 0.49 2.08 2.57 56.40
Total 6.99 24.96 31.95
YEAR-5
BAL. PAYMENT BAL.
MONTH-1 56.40 0.470 2.08 2.55 54.32
MONTH-2 54.32 0.453 2.08 2.53 52.24
MONTH-3 52.24 0.435 2.08 2.52 50.16
MONTH-4 50.16 0.418 2.08 2.50 48.08
MONTH-5 48.08 0.401 2.08 2.48 46.00
MONTH-6 46.00 0.38 2.08 2.46 43.92
MONTH-7 43.92 0.37 2.08 2.45 41.84
Page 17 of 56
MONTH-8 41.84 0.35 2.08 2.43 39.76

MONTH-9 39.76 0.33 2.08 2.41 37.68
MONTH-10 37.68 0.31 2.08 2.39 35.60
MONTH-11 35.60 0.30 2.08 2.38 33.52
MONTH-12 33.52 0.28 2.08 2.36 31.44
Total 4.50 24.96 29.46
YEAR-6
BAL. PAYMENT BAL.
MONTH-1 31.44 0.26 2.08 2.34 29.36
MONTH-2 29.36 0.24 2.08 2.32 27.28
MONTH-3 27.28 0.23 2.08 2.31 25.20
MONTH-4 25.20 0.21 2.08 2.29 23.12
MONTH-5 23.12 0.19 2.08 2.27 21.04
MONTH-6 21.04 0.18 2.08 2.26 18.96
MONTH-7 18.96 0.16 2.08 2.24 16.88
MONTH-8 16.88 0.14 2.08 2.22 14.80
MONTH-9 14.80 0.12 2.08 2.20 12.72
MONTH-10 12.72 0.11 2.08 2.19 10.64
MONTH-11 10.64 0.09 2.08 2.17 8.56
MONTH-12 8.56 0.07 2.08 2.15 6.48
Total 2.00 24.96 26.96
YEAR-6
BAL. PAYMENT BAL.
MONTH-1 6.48 0.05 2.08 2.13 4.40
MONTH-2 4.40 0.04 2.08 2.12 2.32
MONTH-3 2.32 0.02 2.32 2.34 0.00
MONTH-4 0.00 0.00 2.32 2.32 -2.32
MONTH-5 -2.32 -0.02 2.32 2.30 -4.64
MONTH-6 -4.64 -0.04 2.32 2.28 -6.96
MONTH-7 -6.96 -0.06 2.32 2.26 -9.28
MONTH-8 -9.28 -0.08 2.32 2.24 -11.60
MONTH-9 -11.60 -0.10 2.32 2.22 -13.92
MONTH-10 -13.92 -0.12 2.32 2.20 -16.24
MONTH-11 -16.24 -0.14 2.32 2.18 -18.56
MONTH-12 -18.56 -0.15 2.32 2.17 -20.88
Total -0.59 27.36 26.77
Page 18 of 56
Disbursement Schedule
Opening Disbursement
Jul-23 0 25
Aug-23 25 50
Sep-23 75 50
Oct-23 125 25
Nov-23 150 0
Dec-23 150 0
Jan-24 150 0
Feb-24 150 0
Mar-24 150 0
Apr-24 150 0
May-24 150 0
Jun-24 150 0
Jul-24 150 0
Aug-24 147.92 0
Sep-24 145.84 0
Oct-24 143.76 0
Nov-24 141.68 0
Dec-24 139.6 0
Jan-25 137.52 0
Feb-25 135.44 0
Mar-25 133.36 0
Apr-25 131.28 0
May-25 129.2 0
Jun-25 127.12 0
Jul-25 125.04 0
Aug-25 122.96 0
Sep-25 120.88 0
Oct-25 118.8 0
Nov-25 116.72 0
Dec-25 114.64 0
Jan-26 112.56 0
Feb-26 110.48 0
Mar-26 108.4 0
Apr-26 106.32 0
May-26 104.24 0
Jun-26 102.16 0
Jul-26 100.08 0
Aug-26 98 0
Page 19 of 56
Sep-26 95.92 0
Oct-26 93.84 0
Nov-26 91.76 0
Dec-26 89.68 0
Jan-27 87.6 0
Feb-27 85.52 0
Mar-27 83.44 0
Apr-27 81.36 0
May-27 79.28 0
Jun-27 77.2 0
Jul-27 75.12 0
Aug-27 73.04 0
Sep-27 70.96 0
Oct-27 68.88 0
Nov-27 66.8 0
Dec-27 64.72 0
Jan-28 62.64 0
Feb-28 60.56 0
Mar-28 58.48 0
Apr-28 56.4 0
May-28 54.32 0
Jun-28 52.24 0
Jul-28 50.16 0
Aug-28 48.08 0
Sep-28 46 0
Oct-28 43.92 0
Nov-28 41.84 0
Dec-28 39.76 0
Jan-29 37.68 0
Feb-29 35.6 0
22 Mar-29 33.52 0
Apr-29 31.44 0
1.3 May-29 29.36 0
Jun-29 27.28 0
Jul-29 25.2 0
Aug-29 23.12 0
Sep-29 21.04 0
Oct-29 18.96 0
Nov-29 16.88 0
Dec-29 14.8 0
Jan-30 12.72 0
Feb-30 10.64 0
Mar-30 8.56 0
Apr-30 6.48 0
Page 20 of 56
May-30 4.4 0
Jun-30 2.32 0
Jul-30 0 0
Aug-30 0 0
Sep-30 0 0
Oct-30 0 0
Nov-30 0 0
Dec-30 0
Jan-31 0
Feb-31 0
Mar-31 0
Apr-31 0
May-31 0
Jun-31 0
Jul-31 0
Aug-31 0
Sep-31 0
Oct-31 0
Nov-31 0
Dec-31 0
Jan-32 0
Feb-32 0
Mar-32 0
Apr-32 0
May-32 0
Jun-32 0
Jul-32 0
Aug-32 0
Sep-32 0
Oct-32 0
Nov-32 0
Dec-32 0
Jan-33 0
Feb-33 0
Mar-33 0
Apr-33 0
May-33 0
Jun-33 0
Jul-33 0
Aug-33 0
Sep-33 0
Oct-33 0
Nov-33 0
Page 21 of 56
Repayment Closing
0 25
0 75
0 125
0 150
0 150
0 150
0 150
0 150
0 150
0 150
0 150
0 150
2.08 147.92 2.08
2.08 145.84
2.08 143.76
2.08 141.68
2.08 139.6
2.08 137.52
2.08 135.44
2.08 133.36
2.08 131.28
2.08 129.2
2.08 127.12
2.08 125.04
2.08 122.96
2.08 120.88
2.08 118.8
2.08 116.72
2.08 114.64
2.08 112.56
2.08 110.48
2.08 108.4
2.08 106.32
2.08 104.24
2.08 102.16
2.08 100.08
2.08 97.9999999999999
2.08 95.9199999999999
Page 22 of 56
2.08 93.8399999999999
2.08 91.7599999999999
2.08 89.6799999999999
2.08 87.5999999999999
2.08 85.5199999999999
2.08 83.4399999999999
2.08 81.3599999999999
2.08 79.2799999999999
2.08 77.1999999999999
2.08 75.1199999999999
2.08 73.0399999999999
2.08 70.9599999999999
2.08 68.8799999999999
2.08 66.7999999999999
2.08 64.7199999999999
2.08 62.6399999999999
2.08 60.5599999999999
2.08 58.4799999999999
2.08 56.3999999999999
2.08 54.3199999999999
2.08 52.2399999999999
2.08 50.1599999999999
2.08 48.0799999999999
2.08 45.9999999999999
2.08 43.9199999999999
2.08 41.84
2.08 39.76
2.08 37.68
2.08 35.6
2.08 33.52
2.08 31.44 28
2.08 29.36
2.08 27.28 5.21 34.86
2.08 25.2 6.7
2.08 23.12 7.2
2.08 21.04 48.76
2.08 18.96
2.08 16.88
2.08 14.8
2.08 12.72
2.08 10.64
2.08 8.55999999999997
2.08 6.47999999999997
2.08 4.39999999999997
Page 23 of 56
2.08 2.31999999999997
2.32 0
0 0
0 0
0 0
0 0
150 -150
Page 24 of 56
REPAYMENT OF LOAN SCHEDULE

TERM LOAN
OPENING BALANCE 0.00 131.28 106.32 81.36 56.40 31.44
ADD: PROPOSED LOAN 150.00 0.00 0.00 0.00 0.00 0.00
ADD: INTEREST 14.38 11.98 9.49 6.99 4.50 2.00
164.38 143.26 115.81 88.35 60.90 33.44
LESS: INTEREST 14.38 11.98 9.49 6.99 4.50 2.00
LESS: INSTALLMENT 18.72 24.96 24.96 24.96 24.96 24.96

131.28 106.32 81.36 56.40 31.44 6.48
WORKING CAPITAL LOAN 130.87 130.87 130.87 130.87 130.87 130.87
INTEREST ON WORKING CAPITAL LOAN 16.36 16.36 16.36 16.36 16.36 16.36
Page 25 of 56
COST OF PRODUCTION & PROFIT & LOSS ACCOUNT

RAW MATERIAL PURCHASED 853.1 911.0 1047.7 1204.8 1385.5 1593.4
Add: OPENING STOCK OF RAW
MATERIAL 0.0 35.5 39.4 45.3 52.1 59.9
Less: CLOSING STOCK OF RAW
MATERIAL 35.5 39.4 45.3 52.1 59.9 68.9
RAW MATERIAL CONSUMED 817.6 907.1 1041.8 1198.0 1377.7 1584.4
POWER 10.5 11.0 11.6 12.2 12.8 13.4
CONSUMABLE 12.2 14.0 16.1 18.5 21.3 24.5
TRAVELLING COST 12.2 14.0 16.1 18.5 21.3 24.5
DIRECT LABOUR COST 72.6 79.8 87.8 96.6 106.3 116.9
REPAIR & MAINTENACE 12.2 14.0 16.1 18.5 21.3 24.5
OTHER FACTORY OVERHEAD 24.4 28.0 32.2 37.1 42.6 49.0
DEPRECIATION 35.1 28.9 23.9 19.7 16.3 13.5
TOTAL 996.7 1097.0 1245.7 1419.2 1619.6 1850.7
Add: OPENING W.I.P. 0.0 90.6 99.7 113.2 129.0 147.2
Less: CLOSING W.I.P. 90.6 99.7 113.2 129.0 147.2 168.2
Less: EXCISE DUTY & VAT INPUT 117.9 130.8 150.3 172.8 198.7 228.5
COST OF PRODUCTION 788.2 957.0 1081.9 1230.6 1402.7 1601.2

GROSS SALES 1218.8 1401.6 1611.8 1853.6 2131.6 2451.3
Less: EXCISE DUTY & VAT 175.8 202.2 232.5 267.3 307.4 353.6
NET SALES 1043.0 1199.4 1379.3 1586.2 1824.2 2097.8
COST OF PRODUCTION 788.2 957.0 1081.9 1230.6 1402.7 1601.2
Add: OPENING FINISHED GOODS 0.0 23.7 27.3 31.3 36.0 41.4
Less: CLOSING FINISHED GOODS 23.7 27.3 31.3 36.0 41.4 47.7
COST OF GOODS SOLD 764.5 953.5 1077.8 1225.9 1397.3 1594.9
GROSS PROFIT 278.5 245.9 301.5 360.3 426.9 502.8
ADMINISTRATIVE & GENERAL EXP.

SALARIES 49.9 54.9 60.4 66.4 69.8 73.3
OFFICE OVERHEAD 24.4 28.0 32.2 37.1 42.6 49.0
74.3 82.9 92.6 103.5 112.4 122.3
SALES EXPENSES
SALES COMMISSION 12.2 14.0 16.1 18.5 21.3 24.5
FINANCIAL EXP.
INTEREST ON T/LOAN 14.4 12.0 9.5 7.0 4.5 2.0
INTEREST ON CC LOAN 16.4 16.4 16.4 16.4 16.4 16.4
TOTAL 30.7 28.3 25.8 23.4 20.9 18.4
OPERATING PROFIT 161.3 120.6 166.9 214.9 272.3 337.7
Page 26 of 56
Add: NON OPERATING PROFIT 0.0 0.0 0.0 0.0 0.0 0.0
Less: NON OPERATING EXPENSES 0.0 0.0 0.0 0.0 0.0 0.0
PROFIT BEFORE TAX 161.3 120.6 166.9 214.9 272.3 337.7
PROVISION FOR TAXATION 51.6 38.4 52.3 66.8 84.3 104.4
PROFIT AFTER TAX 109.7 82.2 114.6 148.1 188.0 233.3
PROVISION FOR INSTALMENT ON
TERM LOAN 18.7 25.0 25.0 25.0 25.0 25.0
BALANCE TRANSFER TO RESERVE &
SURPLUS 91.0 57.2 89.7 123.1 163.0 208.4
Add: DEPRECIATION & NON CASH
ITEM 35.1 28.9 23.9 19.7 16.3 13.5
NET CASH ACCRUAL 144.8 111.1 138.5 167.8 204.3 246.8
Operating Profit / Sale 0.2 0.1 0.1 0.1 0.1 0.2

0.1 0.1 0.1 0.1 0.1 0.1
Page 27 of 56
present 187000 365 68255000
Page 28 of 56
6 9 15 7.5
7.5 511912500
Page 29 of 56
PROJECTED BALANCE SHEET

21 22 23 24 25 26
LIABILITIES
EQUITY CAPITAL 30.0 30.0 30.0 30.0 30.0 30.0
RESERVES & SURPLUS
SHARE PREMIUM ACCOUNT 51 50.8 50.8 50.8 50.8 50.8
SURPLUS IN PL ACCOUNT 91.0 148.2 237.9 361.0 524.1 732.4
SECURED TERM LOAN 131.3 106.3 81.4 56.4 31.4 6.5
UNSECURED LOANS 27.7 27.7 27.7 27.7 27.7 27.7
CURRENT LIABILITIES
SUNDRY CREDITORS FOR MATERIAL 71.1 75.9 87.3 100.4 115.5 132.8
SUNDRY CREDITORS FOR EXPENSES 6.6 7.2 8.0 8.8 9.6 10.5
PROVISION FOR TAX 51.6 38.4 52.3 66.8 84.3 104.4
PROVISION FOR INSTALMENT OF
TERM LOAN 18.7 25.0 25.0 25.0 25.0 25.0
TOTAL 609.5 660.2 772.6 924.5 1125.1 1380.4
ASSETS
GROSS FIXED ASSETS 105.3 100.3 95.5 90.9 86.6 82.5
LESS: CUMULATIVE DEPRECIATION 5.06 4.80 4.56 4.33 4.12 3.91
NET FIXED ASSETS 100.3 95.5 90.9 86.6 82.5 78.6
INVESTMENT
DEFERED RECEIVABLES (FOR FUTURE
EXPANSION) 10.0 10.0 20.0 30.0 30.0 50.0
CURRENT ASSETS :
RAW MATERIALS 35.5 39.4 45.3 52.1 59.9 68.9
CONSUMABLE STORES 0.4 0.5 0.5 0.6 0.7 0.8
FUEL 0.3 0.4 0.4 0.5 0.6 0.7
WORK IN PROGRESS 90.6 99.7 113.2 129.0 147.2 168.2
FINISHED GOODS 23.7 27.3 31.3 36.0 41.4 47.7
SUNDRY DEBTORS 101.6 116.8 134.3 154.5 177.6 204.3
LOANS & ADVANCES

ADVANCES FOR RAW MATERIALS 15.0 20.0 30.0 35.0 40.0 50.0
ADVANCE INCOME TAX 46.4 34.6 47.1 60.1 75.9 93.9
TOTAL CURRENT ASSETS 313.6 338.6 402.2 467.9 543.4 634.5
CASH & BANK BALANCE 185.7 216.1 259.5 340.0 469.2 617.4
PRELIMINARY EXPENSES 0.0 0.0 0.0 0.0 0.0 0.0
TOTAL 609.5 660.2 772.6 924.5 1125.1 1380.4
Page 30 of 56
0.0 0.0 0.0 0.0 0.0 0.0
CASH FLOW STATEMENT

SOURCES OF FUNDS
PROMOTERS CONTRIBUTION 80.8 0.0 0.0 0.0 0.0 0.0
UNSECURED LOAN 27.7 0.0 0.0 0.0 0.0 0.0
TERM LOAN FROM BANK 150.0 0.0 0.0 0.0 0.0 0.0
CASH FROM OPERATION 144.8 111.1 138.5 167.8 204.3 246.8
DEPRECIATION PROVISION 5.1 -0.3 -0.2 -0.2 -0.2 -0.2
NON OPERATING EXPENSES
TOTAL 539.2 130.7 160.0 192.8 204.1 280.2
APPLICATION OF FUNDS
CAPITAL COST OF THE PROJECT 204.4 -5.1 -4.8 -4.6 -4.3 -4.1
INCREASE IN WORKING CAPITAL 104.2 33.3 15.1 19.1 21.4 24.8
DECREASE IN TERM LOAN 18.7 25.0 25.0 25.0 25.0 25.0
INTEREST ON CC LOAN 16.4 16.4 16.4 16.4 16.4 16.4
DEFERED RECEIVABLE FOR FUTURE
EXPANSION 10.0 0.0 10.0 10.0 0.0 20.0
ADVANCE FOR RAW MATERIALS 15.0 5.0 10.0 5.0 5.0 10.0
ADVANCE INCOME TAX 46.4 -11.8 12.5 13.1 15.8 18.0
PRELIMINARY EXPENSES 0.0 0.0 0.0 0.0 0.0 0.0
TOTAL 415.1 62.7 84.1 83.9 79.2 110.0
OPENING CASH BALANCE 0.0 117.4 67.9 137.2 239.4 357.6

NET SURPLUS/ DEFICIT 117.4 -49.4 69.2 102.2 118.2 170.2
CLOSING CASH BALANCE 117.4 67.9 137.2 239.4 357.6 527.8
-68.3 -148.1 -122.3 -100.7 -111.6 -89.6
Page 31 of 56
-
27 28
30.0 30.0
50.8 50.8
732.4 732.4
0.0 0.0
27.7 27.7
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
840.8 840.8
78.6 74.8
3.71 3.53
74.8 71.3
30.0 50.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
40.0 50.0
0.0 0.0
40.0 50.0
696.0 669.5
0.0 0.0
840.8 840.8
Page 32 of 56
0.0 0.0
YEAR-5 YEAR-6
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
-0.2 -0.2
0.0 0.0
-0.2 -0.2
-3.9 -3.7
-80.4 0.0
6.5 0.0
0.0 0.0
-20.0 20.0
-10.0 10.0
-93.9 0.0
0.0 0.0
-201.8 26.3
527.8 722.7
194.9 -26.5
722.7 696.2
26.7 26.7
Page 33 of 56
COMPUTATION OF COST OF RAW MATERIAL, ELECTRICITY AND CONSUMABLE AT 100 % CAPACITY

UTILISATION
INHOUS
PARTICULARS UNIT BOF
E
INSTALLED CAPACITY M.T. 1224 576
PRODUCTION PER ANNUM AT 100% CAPACITY M.T. 898 422
WORKING DAYS/ANNUM DAYS 330

SL RAW MATERIALS PRODUCT PROCESS ANNUAL UNIT TOTAL
NO MIX LOSS REQMT COST (Rs.) COST
MT
1 PIPE 25% 2% 347 90000 312

2 ROLLED SECTION 5% 2% 69 40000 28
3 PLATE 8% 2% 111 44000 49
4 FLAT & BARS 5% 2% 69 45000 31
5 TUBE 25% 2% 347 100000 347
6 VALVES & FITTINGS 10% 0% 132 100000 132
7 REFRACTORY & INSULATION 2% 0% 26 30000 8
8 BOUGHT OUT FINISHED 20% 0% 264 120000 317
TOTAL 100% 10% 1,365 1,223

RAW MATERIAL REQD FOR 100% CAP (RS.) 1222.76 1,223 1222.76 1,223 1222.76 1222.76
INSTALLED CAPACITY ( MT ) 1800.00 1,800 1800.00 1,800 1800.00 1800.00
UTILISATION CAPACITY (%) FOR 12 MONTHS 60% 75% 80% 80% 80% 80%
PRODUCTION ( MT) 1200 1,260 1323 1,389 1459 1532
OPENING STOCK 0.00 36 39.44 45 52.09 59.90

ADD: PURCHASE 853.13 911 1047.67 1,205 1385.54 1593.37
SUB-TOTAL 853.13 947 1087.11 1,250 1437.63 1653.27
LESS: CONSUMPTION 817.58 907 1041.81 1,198 1377.73 1584.39
CLOSING STOCK 35.55 39 45.30 52 59.90 68.89
CONSUMABLE
1% of GROSS SALE 12.23

OPENING STOCK 0.00 0 0.45 1 0.60 0.69
ADD: PURCHASE 12.58 14 16.19 19 21.41 24.62
SUB-TOTAL 12.58 14 16.64 19 22.00 25.30
LESS: CONSUMPTION 12.19 14 16.12 19 21.32 24.51
CLOSING STOCK (10 days) 0.39 0 0.52 1 0.69 0.79
ELECTRICITY KWH HR/DAY RATE (INR)/ UNIT TOTAL

50.00 16.00 4 10.50
Page 34 of 56

ELECTRICITY 10.50 11.03 12 12.16 13 13.40
Page 35 of 56
COMPUTATION OF WORKING CAPITAL REQUIREMENT

NORM
DAYS
WORKING DAYS 310 310 310 310 310 310
CURRENT ASSETS
RAW MATERIAL 15 DAYS 35.55 39.44 45.30 52.09 59.90 68.89

CONSUMABLES STORE 10 DAYS 0.39 0.45 0.52 0.60 0.69 0.79
FUEL 10 DAYS 0.34 0.39 0.45 0.51 0.59 0.68
WORK-IN-PROGRESS 30 DAYS 90.61 99.73 113.24 129.01 147.24 168.24
FINISHED GOODS 7 DAYS 23.70 27.25 31.34 36.04 41.45 47.66
SUNDRY DEBTORS 30 DAYS 101.56 116.80 134.32 154.46 177.63 204.28
TOTAL (A) 252.15 284.06 325.16 372.72 427.50 490.55
CURRENT LIABILITIES
SUNDRY CREDITORS FOR

RAW MATERIAL 30 DAYS 71.09 75.92 87.31 100.40 115.46 132.78
POWER 15 DAYS 0.44 0.46 0.48 0.51 0.53 0.56
EXPENSES 15 DAYS 6.12 6.78 7.52 8.34 9.11 9.96
TOTAL (B) 77.65 83.16 95.31 109.25 125.10 143.30
NET WORKING CAPITAL (A-B) 174.50 200.90 229.86 263.48 302.39 347.24
MARGIN MONEY 25% 43.62 50.22 57.46 65.87 75.60 86.81

BANK BORROWINGS 75% 130.87 150.67 172.39 197.61 226.80 260.43
TOTAL 174.50 200.90 229.86 263.48 302.39 347.24
- - - - - -
Page 36 of 56
52.8525
Page 37 of 56
COMPUTATION OF GROSS SALE

BOILER COMPONENTS MT ACCESSORIES MT EQUIPMENT MT
AIR COOLED
SUPER HEATER COILS 30 CONDENSERS 60 SMOKE TUBE BOILER 70
ECONOMISER COILS 60 LP & HP PIPING 100 FLUE GAS COOLER 60
STUDDED TUBES 60 LP & HP HEATER 20 3/4 TPH BIOMASS BOILER 30

STEAM COIL AIR
DRUM 50 PREHEATER 7 UPTO 100TPH HRSG 50
FINNED TUBES 60 AIR PREHEATER 40 HEAT EXCHANGERS 100

PIPING SUPPORT &
LP & HP HEADERS 40 HANGERS 15 RADIATORS FOR RICE/TEA 10
HARP ASSEMBLY 80 DAMPERS 10 WATER COOLED DUCT 40
BOILER BANK TUBES 40 SWIVEL ELBOW 30
HELICAL FINNED TUBES 20

WATER WALL PANEL 48
BED EVAPORATOR COILS 30
INTEGRAL PIPING 40
TOTAL WEIGHT 558 TOTAL WEIGHT 252 TOTAL WEIGHT 390
AVG. RATE/MT 1.60 AVG. RATE/MT 1.20 AVG. RATE/MT 1.10
TOTAL 892.80 TOTAL 302.40 TOTAL 429.00
GROSS TOTAL 1625.00 1200

ADD: EXCISE DUTY @
12.36% ON ABOVE 178.76
Add: VAT @ 4% ON 30%
PURCHASE 18.75
LESS: VAT & CST 62.50
NET SALES 1402.49
Page 38 of 56
CURRENT ASSETS Days
RAW MATERIAL 60 189.83

CONSUMABLES STORE 10
FUEL 10
WORK-IN-PROGRESS 30
FINISHED GOODS 7
SUNDRY DEBTORS 30 59.76
Other Current Asset

TOTAL (A) 249.59
CURRENT LIABILITIES
SUNDRY CREDITORS FOR

RAW MATERIAL 30 94.12
POWER 15
EXPENSES 30 23.95
Total 118.07
Toal 131.52
Less: 32.88
98.64
Page 39 of 56
Installed capacity
NO of days
Additional capacity
Additioanl days
Total Annual
production
WB
Assam
sales price in WB
Sales prices in Assam
Revenue from WB
Revenue from Assam

Total Revenue
Rs in lakhs
Advertisement@40%
Total Revenue
Other income @2%
Total Income
Raw materials
Consumption @45%
Power and fuel

@3.50%
Repair
&Maintenance
@2.50%
Freight & delivery
@8.50%
Page 40 of 56
Writer contribution
@1.00%
Insurance @0.15%
Other expenses
@0.70%
Staff Salary @24%
Staff welfare
Benefits@0.85%
PF ESIC @3.35%
Other expenses
@11.45%
RM
Page 41 of 56
100000 100000 100000 100000 100000 100000 100000

2024 2025 2026 2027 2028 2029 2030
62000 62000 62000 62000 62000 62000 62000
357 357 357 357 357 357 357
22134000 22134000 22134000 22134000 22134000 22134000 22134000
6640200 6640200 6640200 6640200 6640200 6640200 6640200

15493800 15493800 15493800 15493800 15493800 15493800 15493800
6 6 6 6 6 6 6
9 9 9 9 9 9 9
39841200 39841200 39841200 39841200 39841200 39841200 39841200

139444200 139444200 139444200 139444200 139444200 139444200 139444200
179285400 197213940 179285400 179285400 179285400 179285400 179285400

1792.854 1972.1394 1792.854 1792.854 1792.854 1792.854 1792.854
717.1416 788.85576 717.1416 717.1416 717.1416 717.1416 717.1416
2510.00 2760.99516 2509.9956 2509.9956 2509.9956 2509.9956 2509.9956
50.20 55.22 50.20 50.20 50.20 50.20 50.20
2560.20 2816.22 2560.20 2560.20 2560.20 2560.20 2560.20
1129.50 1242.45 1129.50 1129.50 1129.50 1129.50 1129.50
87.85 96.63 87.85 87.85 87.85 87.85 87.85
62.75 69.02 62.75 62.75 62.75 62.75 62.75
213.35 234.68 213.35 213.35 213.35 213.35 213.35
Page 42 of 56
25.10 27.61 25.10 25.10 25.10 25.10 25.10
3.76 4.14 3.76 3.76 3.76 3.76 3.76
17.57 19.33 17.57 17.57 17.57 17.57 17.57
602.40 662.64 602.40 602.40 602.40 602.40 602.40
21.33 23.47 21.33 21.33 21.33 21.33 21.33
20.18 22.20 20.18 20.18 20.18 20.18 20.18
287.39 316.13 287.39 287.39 287.39 287.39 287.39
Page 43 of 56
100000 100000 100000

2031 2032 2033
62000 62000 62000
357 357 357
22134000 22134000 22134000
6640200 6640200 6640200

15493800 15493800 15493800
6 6 6
9 9 9
39841200 39841200 39841200

139444200 139444200 139444200
179285400 179285400 179285400

1792.854 1792.854 1792.854
717.1416 717.1416 717.1416
2509.9956 2509.9956 2509.9956
50.20 50.20 50.20
2560.20 2560.20 2560.20
1129.50 1129.50 1129.50
87.85 87.85 87.85
62.75 62.75 62.75
213.35 213.35 213.35
Page 44 of 56
25.10 25.10 25.10
3.76 3.76 3.76
17.57 17.57 17.57
602.40 602.40 602.40
21.33 21.33 21.33
20.18 20.18 20.18
287.39 287.39 287.39
Page 45 of 56
COMPUTATION OF MANPOWER REQUIREMENT ( FACTORY )

RATE
SL.NO PARTICULARS NO. AMOUNT
P.M.
1 WORKS MANAGER 1 30000 3.60
2 QUALITY ENGINEER 1 20000 2.40
3 IBR WELDER 2 15000 3.60
4 MANAGER PURCHASE 1 13000 1.56
5 SECURITY GUARDS 2 4000 0.96
TOTAL 7 12.12
ADD: PERKS@ 30% 3.64
TOTAL 15.76
COMPUTATION OF MANPOWER REQUIREMENT ( WORKS)
SL.NO PARTICULARS NO. RATE P.M. AMOUNT

1 SUPERVISORS 1 18200 2.18
2 SKILLED WORKERS 4 12000 5.76
3 SEMISKILLED WORKERS 8 6000 5.76
4 UN SKILLED WORKERS 50 5000 30.00
TOTAL 63 43.70
ADD: PERKS@ 30% 13.11
TOTAL 56.82
COMPUTATION OF SALARY
RATE
SL.NO PARTICULARS NO AMOUNT
P.M.
1 DIRECTORS REMUNERATION 3 100000 36.00
2 ACCOUNTANT 1 14000 1.68
3 OFFICE ASSISTANT 1 6000 0.72
TOTAL 5 38.40
ADD: PERKS@ 30% 11.52
TOTAL 49.92
SUMMARY YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5 YEAR-6
DIRECT LABOUR 72.57 79.83 87.81 96.59 106.25 116.88

SALARIES 49.92 54.91 60.40 66.44 69.77 73.25
TOTAL 122.49 134.74 148.21 163.04 176.02 190.13
Page 46 of 56
SUNDRY DEBTORS & OTHER ASSUMPTIONS
CREDIT PERIOD 40 to 50 DAYS

AVERAGE CREDIT PERIOD 45 DAYS
GROSS SALES 1218.75 1401.56 1611.80 1853.57 2131.60 2451.34

LESS: CASH / PI SALES 30% 365.63 420.47 483.54 556.07 639.48 735.40
CREDIT SALES 70% 853.13 981.09 1128.26 1297.50 1492.12 1715.94
SUNDRY DEBTORS 106.64 122.64 141.03 162.19 186.52 214.49
REPAIR & MAINTENANCE 1 % OF GROSS SALE
OTHER FACTORY OVERHEAD 2 % OF GROSS SALE
SALES COMMISSION 2.5 % OF GROSS SALE
OTHER FACTORY OVERHEAD 8 % OF GROSS SALE
Page 47 of 56
COMPUTATION OF DEPRECIATION (AS PER COMPANY'S ACT)

SL DEP.
NO RATE
1 LAND & FACTORY SHED
OPENING BALANCE - 20.96 18.86 16.98 15.28 13.75
ADD ADDITION 23.29
DEPRECIATION 10% 2.33 2.10 1.89 1.70 1.53 1.38
CLOSING BALANCE 20.96 18.86 16.98 15.28 13.75 12.38
2 PLANT & MACHINERY -LOCAL

OPENING BALANCE - 148.34 121.49 99.50 81.49 66.74
ADD ADDITION 181.12
DEPRECIATION 18.10% 32.78 26.85 21.99 18.01 14.75 12.08
CLOSING BALANCE 148.34 121.49 99.50 81.49 66.74 54.66
STRUCTURE-ACCESSORIES &
3 OTHERS
OPENING BALANCE - - - - -
ADD ADDITION -
DEPRECIATION 13.91% - - - - - -
CLOSING BALANCE - - - - - -
4 MISCLLENEOUS FIXED ASSETS

OPENING BALANCE - - - - - -
ADD ADDITION -
DEPRECIATION 25.89% - - - - - -
GROSS BLOCK OF ASSETS 204.41 204.41 204.41 204.41 204.41 204.41

DEPRECIATION FOR THE YEAR 35.11 28.94 23.88 19.71 16.28 13.46
CUMULATIVE DEPRECIATION 35.11 64.06 87.93 107.64 123.92 137.37
WDV OF BLOCK OF ASSETS 169.30 140.35 116.48 96.77 80.49 67.04
Page 48 of 56
COMPUTATION OF DEPRECIATION (AS PER I.T. ACT)

SL DEP.
NO RATE
1 LAND & FACTORY SHED
OPENING BALANCE - 20.96 18.86 16.98 15.28 13.75
ADD ADDITION 23.29
DEPRECIATION 10% 2.33 2.10 1.89 1.70 1.53 1.38
CLOSING BALANCE 20.96 18.86 16.98 15.28 13.75 12.38
2 PLANT & MACHINERY

OPENING BALANCE 153.95 130.86 111.23 94.55 80.36
ADD ADDITION 181.12
DEPRECIATION 15% 27.17 23.09 19.63 16.68 14.18 12.05
CLOSING BALANCE 153.95 130.86 111.23 94.55 80.36 68.31
3 STRUCTURE-ACCESSORIES &
OTHERS
ADD ADDITION -
DEPRECIATION 15% - - - - - -
4 MISCLLENEOUS FIXED ASSETS

ADD ADDITION -
DEPRECIATION 10% - - - - - -
NET BLOCK OF ASSETS 174.91 149.72 128.21 109.82 94.11 80.69

DEPRECIATION FOR THE YEAR 29.50 25.19 21.52 18.38 15.71 13.43
WDV OF BLOCK OF ASSETS 145.41 124.53 106.69 91.44 78.41 67.26
Page 49 of 56
29250000 75000000
10909091 18750000
37.296037607
18340909
Page 50 of 56
COMPUTATION OF INCOME TAX


ADD DEPR AS PER COMPANY'S ACT 35.11 28.94 23.88 19.71 16.28 13.46
196.39 149.56 190.80 234.63 288.60 351.14
LESS DEPR AS PER IT ACT 29.50 25.19 21.52 18.38 15.71 13.43
LESS BROUGHT FORWARD LOSSES 0.00 0.00 0.00 0.00 0.00 0.00
UNABSORBED LOSSES 0.00 0.00 0.00 0.00 0.00 0.00
GROSS EARNINGS 166.89 124.38 169.28 216.25 272.89 337.71
MINIMUM DEDUCTION 0.00 0.00 0.00 0.00 0.00 0.00
TAXABLE INCOME 166.89 124.38 169.28 216.25 272.89 337.71
INCOME TAX @ 51.57 38.43 52.31 66.82 84.32 104.35
MINIMUM ALTERNATE
TAX @18.5%
18.50% 29.84 22.31 30.88 39.76 50.38 62.47
MINIMUM INCOME TAX 0.00 0.00 0.00 0.00 0.00 0.00
INCOME TAX AS PER
COMPUTATION 30.90% 51.57 38.43 52.31 66.82 84.32 104.35
Page 51 of 56
COMPUTATION OF INTERNAL RATE OF RETURN

PARTICULARS YEAR-0 YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5 YEAR-6
CASH INFLOWS:
PROFIT AFTER TAX 109.71 82.19 114.61 148.11 188.00 233.33
DEPRECIATION AND
PRELIMINARY EXPENSES W/O 35.11 28.94 23.88 19.71 16.28 13.46
INTEREST ON TERM LOAN 14.38 11.98 9.49 6.99 4.50 2.00
SALVAGE VALUE OF FIXED ASSETS

LAND & FACTORY BUILDING 12.38
PLANT & MACHINERY 54.66
STRUCTURE-ACCESSORIES & OTHERS 0.00
MISCLLENEOUS FIXED ASSETS 0.00
REALISATION OF CURRENT ASSETS 347.24
TOTAL CASH INFLOW 0.00 159.20 123.12 147.98 174.80 208.78 663.06
CASH OUTFLOW:
CAPITAL EXPENDITURE 208.16

INCREASE IN CURRENT ASSETS 174.50 26.40 28.96 33.62 38.92 44.85
TOTAL CASH OUTFLOW 208.16 174.50 26.40 28.96 33.62 38.92 44.85
NET CASH FLOW -208.16 -15.30 96.71 119.02 141.19 169.86 618.22
IRR 43.57%
PAY BACK PERIOD 1 YEAR 5 MONTHS
9.64
Page 52 of 56
BREAK EVEN ANALYSIS

PARTICULARS % AGE YEAR-1 YEAR-2 YEAR-3 YEAR-4 YEAR-5 YEAR-6
SALES REALISATION 1042.96 1199.41 1379.32 1586.22 1824.15 2097.77
VARIABLE COSTS
MATERIAL COST 100% 667.72 866.86 991.10 1139.42 1310.24 1506.73
POWER 80% 8.40 8.82 9.26 9.72 10.21 10.72
CONSUMABLE STORES 80% 9.75 11.21 12.89 14.83 17.05 19.61
FUEL 80% 9.75 11.21 12.89 14.83 17.05 19.61
WAGES & SALARIES 70% 85.74 94.32 103.75 114.13 123.21 133.09
REPAIR & MAINTENACE 50% 6.09 7.01 8.06 9.27 10.66 12.26
FACTORY OVERHEAD 80% 19.50 22.43 25.79 29.66 34.11 39.22
SALES COMMISSION 100% 12.19 14.02 16.12 18.54 21.32 24.51
INTEREST ON WORKING CAPITAL 100% 16.36 16.36 16.36 16.36 16.36 16.36
OFFICE OVERHEAD 50% 12.19 14.02 16.12 18.54 21.32 24.51
TOTAL VARIABLE COST 847.70 1066.24 1212.34 1385.28 1581.53 1806.63
FIXED COSTS
POWER 20% 2.10 2.21 2.32 2.43 2.55 2.68
CONSUMABLE STORES 20% 2.44 2.80 3.22 3.71 4.26 4.90
FUEL 20% 2.44 2.80 3.22 3.71 4.26 4.90
WAGES & SALARIES 30% 21.77 23.95 26.34 28.98 31.88 35.06
REPAIR & MAINTENACE 50% 6.09 7.01 8.06 9.27 10.66 12.26
FACTORY OVERHEAD 20% 4.88 5.61 6.45 7.41 8.53 9.81
INTEREST ON TERM LOAN 100% 14.38 11.98 9.49 6.99 4.50 2.00
OFFICE OVERHEAD 50% 12.19 14.02 16.12 18.54 21.32 24.51
DEPRECIATION 100% 35.11 28.94 23.88 19.71 16.28 13.46
PRELIMINARY EXP. W/OFF 100% 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL FIXED COST 101.39 99.32 99.09 100.74 104.23 109.58
TOTAL COSTS 949.09 1165.56 1311.44 1486.02 1685.76 1916.21
GROSS CONTRIBUTION 195.27 133.16 166.98 200.94 242.62 291.15
P/V RATIO % 18.72% 11.10% 12.11% 12.67% 13.30% 13.88%

BREAK EVEN SALES 541.54 894.56 818.56 795.25 783.63 789.54
BREAK EVEN SALES % 52% 75% 59% 50% 43% 38%
CASH BREAK EVEN SALES 354.01 633.85 621.34 639.68 661.25 692.59
CASH BREAK EVEN SALES % 34% 53% 45% 40% 36% 33%
AVERAGE BE SALES % 53%
AVERAGE CASH BE SALES % 40%
Page 53 of 56
COMPUTATION OF WEIGHTED AVERAGE COST OF CAPITAL
PARTICULARS
RATE INTEREST ON TERM LOAN 10.00%
TAX BENEFIT ON DEBT CAPITAL 30.00%
EFFECTIVE COST OF DEBT 7.00%
EXPECTED RATE OF RETURN 17.00%
TOTAL DEBT CAPITAL 150.00
OWNERS EQUITY 101.78

(considering unsecured loan as quasy equity)
WEIGHT OF DEBT CAPITAL 0.60
WEIGHT OF OWNERS EQUITY 0.40
WEIGHTED AVERAGE COST OF CAPITAL 11.04%
Page 54 of 56
SENSITIVITY ANALYSIS
A) AT 5% VARIATION ON SALES REVENUE ALL FIG. IN LACS INR

SALE VALUE 1,157.81 1,331.48 1,531.21 1,760.89 2,025.02 2,328.77
DIRECT EXPENSES
VARIABLE IN NATURE 847.70 1,066.24 1,212.34 1,385.28 1,581.53 1,806.63
FIXED IN NATURE 101.39 99.32 99.09 100.74 104.23 109.58
TOTAL OF EXPENDITURE 949.09 1,165.56 1,311.44 1,486.02 1,685.76 1,916.21
INCOME TAX 30.90% 66.23 52.43 68.64 85.34 105.01 127.49
NET PROFIT AFTER TAX 142.49 113.49 151.13 189.52 234.26 285.08
DSCR
IRR
PAYBACK PERIOD
AVERAGE BREAK EVEN SALES
AVERAGE CASH BREAK EVEN SALES
A) AT 5% VARIATION ON RAW MATERIALS (Rs.IN LAKHS)

SALE VALUE 1,218.75 1,401.56 1,611.80 1,853.57 2,131.60 2,451.34
DIRECT EXPENSES
VARIABLE IN NATURE 881.08 1,109.59 1,261.90 1,442.25 1,647.04 1,881.96
FIXED IN NATURE 101.39 99.32 99.09 100.74 104.23 109.58
TOTAL OF EXPENDITURE 982.47 1,208.91 1,360.99 1,542.99 1,751.27 1,991.54
INCOME TAX 30.90% 74.74 60.69 78.23 96.38 117.70 142.09
NET PROFIT AFTER TAX 161.53 131.96 172.58 214.20 262.63 317.71
DSCR
IRR
PAYBACK PERIOD
Page 55 of 56
AVERAGE BREAK EVEN SALES

AVERAGE CASH BREAK EVEN SALES
Page 56 of 56

Project_Report Final 2023

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NORTH TECHNOPROJECTS INDIA (P) LTD.

PROJECT REPORT FOR EPIP DURGAPUR

SL. NO. PAGE NO.

NAME OF THE COMPANY NORTH TECHNOPROJECTS INDIA PVT. LTD.

CONSTITUTION PRIVATE LIMITED COMPANY

EARLIER FACTORY LOCATION SHED NO.S/10, DURGAPUR INDUSTRIAL ESTATE, J.P.

POWER: SOURCE- DURGAPUR PROJECTS LTD.(DPL).

ALL FIG. IN LACS INR

ALL FIG. IN LACS INR

TOTAL FINANCE 251.78

DEBT EQUITY RATIO (BASED ON PROJECT HARD 2.58

COMPUTATION OF THE CAPITAL COST OF THE PROJECT

ALL FIG. IN LACS INR

TOTAL PROJECT COST 251.78

SUGGESTED MEANS OF FINANCING

DEBT EQUITY RATIO 1.47

204.41 153.31 51.10

DETAILS OF CAPITAL COST ESTIMATES

LAND AND SITE DEVELOPMENT

1a. LEGAL CHARGES

e. SEWERAGE SYSTEM 0.00

ESTIMATES OF CAPITAL COST FOR PLANT & MACHINERY

ALL FIG. IN LACS INR

2 LOW POWER CONSUMPTION 400 AMPS. MIG WELDING 2 NOS. - -

3 LOW POWER CONSUMPTION 220 AMPS. TIG CUM MMAW 4 NOS. - -

4 LOW POWER CONSUMPTION 400 AMPS. WELDING 2 NOS. - -

5 UPS: 25 KVA 1 NO. - -

7 INCOMER / DISTRIBUTION TRANSFORMER 1 NO. - -

8 OXYGEN / ARGON / CUTOGEN GAS HOLDER 1 NO. - -

9 WELDING ACCESSORIES, CABLES AND SPARES 1 SET - -

10 LIFTING AND HOLDING EQUIPMENTS 1 SET - -

11 TUBE EXPANSION EQUIPMENT 1 SET - -

12 TUBESHEET GROOVING EQUIPMENT 1 SET - -

13 SAFETY EQUIPMENTS AND ACCESSORIES 1 SET - -

14 FASTENER TIGHTENING MACHINE 1 SET - -

16 TESTING AND LABORATORY EQUIPMENT 1 SET - -

17 TUBE END PREPARATION MACHINE 1 SET - -

18 GRINDING AND POWER SAW MACHINE 1 SET - -

19 TUBE SWAGING MACHINE 1 SET - -

ESTIMATES OF STRUCTURE & ACCESSORIES

ALL FIG. IN LACS INR

3 FACTORY SHED: 30MTR. X 22MTR. 1 NO. 15.00 15.00

4 COVERED STORE : 10MTR. X 10MTR. 1 NO. 4.00 5.00

6 CYCLE STAND LOT 0.50 0.50

7 STOREYARD WITH GANTRY LOT 2.00 2.00

8 JIGS AND FIXTURES LOT 4.00 4.00

8 STRESS RELIEVING / PREHEAT FURNACE 1 LOT 2.00 2.00

DETAILS OF MISCELLANEOUS FIXED ASSETS

ALL FIG. IN LACS INR

1 COMPUTER & ACCESSORIES 4.00

2 A.C. MACHINE 2.00

3 FURNITURE & FIXTURE 4.00

ESTIMATION OF PRELIMINARY AND PRE-OPERATIVE EXPENSES

ALL FIG. IN LACS INR

ALLOCATION OF CONTINGENCIES & PREOPERATIVE EXPENSES

ALL FIG. IN LACS INR

2 PLANT & MACHINERY -LOCAL 175.00 6.13 0.00 181.12

3 STRUCTURE-ACCESSORIES & OTHERS 0.00 0.00 0.00 0.00