155 b

60 equity
40 debt

2.5% of total assets= A/R

0.5% OF TOTAL ASSETS= INVENTORTY

PP&E
m m
LAND 640
BUILDING 10000
FIXTURES AND FURNITURES 1500
 5b

investment k upar community house

1 acre = 8 kanals 160 lakh 64 corer

1 kanal= 20lakh 6400

150 acre 2026 2025
250 m m m
37500 ASSETS
REAAL ESTATE RULE Land 48620.25 46305
Buildings - NET 42000 44625
F&F - NET 2000 4000
INVESTED IN LAND 1 Long term investments 9724.05 9261
Long term deposist and prepayments
155 b ka 40%= 62b Intagible Assets - NET(licensing fee, trademark SECP) 420 490
NON CURRENT ASSETS 102764.3 104681
93b Inventory (5%) 15900 15800
30% A/R od Sales A/R 117.612 106.92
Short term investments 3173.632 2885.12
Advance income tax 778.97156198 695.5103232
cash in hand 27164.3588 27558.508
10% of A/R Bad debts 11.7612 10.692
depreciation 4695 4695
Total current Total Current Assets 51841.335562 51751.750323
TOTAL ASSETS 154605.63556 156432.75032

LIABILITIES

10-15 yrs life Long term Loan (lease) 21829.61966 24231.379094

employee and other benefits 10027.529889 12935.29538
NON CURRENT LIABILITY 31857.149549 37166.674474
A/P 11472.552 11031.3
from cash budget Short term borrowing 2982.2267884 2368.673157
Current portion of LTL 2689.9705656 2401.7594335
Current portion of Interest Payable 2907.7654913 3165.0968591
Salaries Payable 33555.39696 32897.448
Total current Liability 53607.911805 51864.27745
TOTAL LIABILITY 85465.061354 89030.951923

0
EQUITY
Paid up share capital 52912 52912
RE 16228.574208 14489.7984
69140.574208 67401.7984
Total capital 154605.63556 156432.75032

0 0
 2024 2023 2022
m m m
Revenue 4917.74976
44100 42000 40000 Operating costs (40% OF SALES) 1967.099904
47250 49875 52500 EBIT 2950.649856
6000 8000 10000 Interest exp (12%) 354.07798272
8820 8400 8000 EBT 2596.571873
- income tax (30%) 778.971562
560 630 700 NP
106730 108905 111200 DIVIDENDS
15700 15250 15000 RE
97.2 90 0.00
2508.8 2240 2000
620.99136 564.5376 514
27962.28 28891 31286
9.72 9 -
4695 4695 -
51593.99136 51739.5376 48800
158323.99136 160644.5376 160000

26375.8071594 28290.4750752 30000

16100.3922389 19495.24924795 23095.249248 1000 (for initial 1 lakh) + 500 (for 1 lakh)
42476.1993984 47785.72432316 53095.249248
10815 10500 10000
1156.56288695 337.1053610713 195.22582725 96000
2144.42806566 1914.667915771 1709.5249248
3394.85700902 3600 0 DEPRECIATION
32252.4 31620 31000
49763.2479616 47971.77327684 42904.750752 Buildings
92239.44736 95757.4976 96000 F&F
Intangibles

AMMORTIZATIO
52912 52912 52912 LTL
13172.544 11975.04 11088
66084.544 64887.04 64000
158323.99136 160644.5376 160000

0 0
 2026 2025 2024 2023 2022
m m m m m d=0.5
4390.848 3920.4 3564 3240 3000
1756.3392 1568.16 1425.6 1296 1200
2634.5088 2352.24 2138.4 1944 1800
316.141056 282.2688 256.608 233.28 216
2318.367744 2069.9712 1881.792 1710.72 1584
695.5103232 620.99136 564.5376 513.216 475.2
1622.8574208 1448.9798 1317.2544 1197.504 1108.8
- - -
1622.8574208 1448.9798 1317.2544 1197.504 1108.8 1000 1150000
774999500 775000500
775.0005

name reservation fee 200

filing fee 400
registration fee 775
labor department fee 1000

DEPRECIATION TABLE

AMMORTIZATION TABLE
 AMMORTIZATION TABLE
Year Beg. Balance Total Payment Interest Paid Principal Paid End. Balance

1 30000 5309.5249248 3600 1709.5249248 28290.475075 Investment

2 28290.475075 5309.5249248 3394.857009 1914.66791577 26375.807159 r
3 26375.807159 5309.5249248 3165.0968591 2144.42806566 24231.379094 n
4 24231.379094 5309.5249248 2907.7654913 2401.75943354 21829.61966 Payment
5 21829.61966 5309.5249248 2619.5543592 2689.97056557 19139.649095
6 19139.649095 5309.5249248 2296.7578914 3012.76703344 16126.882061
7 16126.882061 5309.5249248 1935.2258473 3374.29907745 12752.582984
8 12752.582984 5309.5249248 1530.3099581 3779.21496674 8973.368017
9 8973.368017 5309.5249248 1076.804162 4232.72076275 4740.6472543
10 4740.6472543 5309.5249248 568.87767051 4740.64725428 -1.273293E-11
Total 53095.249248 23095.249248 30000
 Building (20 yrs)
2026 2025 2024 2023 2022
COST 52500 52500 52500 52500 52500
-30000 DEP 2625 2625 2625 2625 2625
0.12 BV 39375 42000 44625 47250 49875
10 F&F (5yrs)
5309.524925 COST 10000 10000 10000 10000 10000
DEP 2000 2000 2000 2000 2000
BV 0 2000 4000 6000 8000
Intangibles (10yrs)
COST 700 700 700 700 700
DEP 70 70 70 70 70
BV 350 420 490 560 630
Ratios 2026 2025 2024 2023 2022
Liquidity ratios
Current ratio 0.9670463522 0.9978303539 1.036789 1.078541 1.137403
quick ratio 0.6704483415 0.6931890714 0.721295 0.760646 0.787792
NWC -1766.5762432 -112.52712643 1830.743 3767.764 5895.249
NWC to sales -40% -3% 51% 116% 197%
Account recievable Turnover 37.333333333 36.666666667 36.66667 36 0
Days in receivable 9.6428571429 9.8181818182 9.818182 10 0

Profictability Ratios
operating profit margin 60% 60% 60% 60% 60%
EBT/sales 53% 53% 53% 53% 53%
net profit margin 37% 37% 37% 37% 37%

Asset Prodcutivity
Asset turnover 0.0284003101 0.0250612483 0.022511 0.020169 0.01875
fixed asset turonover 0.0427273674 0.0374509223 0.033393 0.029751 0.026978

Financial Leverage
Total Liabilities/Owners equity 1.2361057502 1.3208987599 1.395779 1.475757 1.5
LTL/OE 0.4607591116 0.5514196261 0.642755 0.736445 0.829613
TA/OE 2.2361057502 2.3208987599 2.395779 2.475757 2.5
CL/TA 0.3467397007 0.3315436016 0.314313 0.298621 0.268155
LTL/TA 0.2060542582 0.2375888322 0.268287 0.297462 0.331845
TL/TA 0.5527939589 0.5691324338 0.582599 0.596083 0.6
OE/TA 0.4472060411 0.4308675662 0.417401 0.403917 0.4
debt coverage ratio 8.3333333333 8.3333333333 8.333333 8.333333 8.333333
cashflow coverage 79.030879684 22.989756714 24.50567 27.67747 28.35648
debt service ratio 9.1941939612 11.208294589 13.22356 15.42416 0
KD 12% 12% 12% 12% 12%

Return on capital
ROIC 0.0119281303 0.0105257243 0.009455 0.008471 0.007875
ROA 0.0104967546 0.0092626374 0.00832 0.007454 0.00693
operating profit to TA 0.0190850084 0.0168411589 0.014857 0.013311 0.01215
after tax operating profit to TA 0.0133595059 0.0117888112 0.0104 0.009318 0.008505
Ebitd/TA 0 0 0 0 0
ROE 2% 2% 2% 2% 2%
ki 0.084
MV psel 1496.24
BV PSEL 1061.21
market to book value 1.4099377126
price earning ratio 27.904513241
earning per share 53.62
0.023472

-0.060144 1.236106 -0.074344

EBIT 2635 2352 2138
Depreciation 4695 4695 4695
Change in Inventory 15900 -100 -100
Account Payable 33555.39696 32897.45 32252.4
Change in AP 33555.39696 -657.949 -645.048
OCF -1600000.00 24984.91 6489.29 6288.35
1+WACC 1.1796 1.391456 1.641362
PV of Cashflow 21180.8288911496 4663.669 3831.18

NPV -159964307.72
IRR -64%
Payback Period More than 5 Years
Discounted Payback Period More than 5 Years
 1944 1800
4695 4695
-450 -250
31620 31000
-632.4 -620
6456.60 6125.00
1.93615 2.283883
3334.762 2681.836
 2026 2025 2024 2023
EBIT 2635 2352 2138 1944
NOPAT 1844 1647 1497 1361
Operating Net Fixed Assets 93040 95420 97910 100505
Operating Current Assets 16797 16602 16418 15905
Operating Current Liabilities 50626 49496 48607 47635
NWC -33829 -32893 -32188 -31730
Total Operating Capital 59211 62527 65722 68775
Change in total Operating Capital -117224 3316 3195 3053
FCF -115380 4962 4692 4414
1+WACC 1.1796 1.39145616 1.6413616863 1.9361502452
PV of Cashflows -97812.776 3566.224814 2858.3342074 2279.8661467
1+g/WACC-g 7.39097744 7.3909774436 7.3909774436 7.3909774436
Terminal Value -15610.919 671.39231898 634.76857974 597.23675692
PV of Terminal Value -13234.0785 482.51058012 386.73290904 308.46612157
Value of Operating Assets -111046.854 4048.7353941 3245.0671164 2588.3322683
Value of Non Operating Assets 12897.682 12146.12 11328.8 10640
Fair Value of assets -98149.1725 16194.855394 14573.867116 13228.332268
Debts 24519.5902 26633.138527 28520.235225 30205.142991
Fair Value of Equity 122668.763 10438.283133 13946.368109 16976.810723
Share Price 0.0012778 0.0001087321 0.0001452747 0.0001768418
 2022
1800
1260
103200
15514
42710
-27196
76004
7230
8490
2.2838828292
3717.180795
7.3909774436
1148.644473
502.93493972
4220.1157348
10000
14220.115735
31709.524925
17489.40919
0.0001821813