PROJECT REPORT (COST DETAILS)

SRL
PARTICULARS AMOUNT (₹) AMOUNT (₹)
NO

1 Details of Expenses in connection with Acquisition and Development of Land

(a) Cost of Acquisition of Land : NIL
(b) Land Devoted to the Project : 4,000 Sq Mtrs
(c) Land Development Charges including levelling of land, ploughing, fencing, ₹ 50000.00
etc (₹ 12.50/- per Sq Mtr) ₹ 50000.00

2
Details of Plant and Machinery sought to be Acquired
(a) Installation of Drip Irrigation System including Fogging System (4,000 Sq Mtrs ₹ 4,00,000.00
@
₹100/-)
(b) Construction/Installation of Borewell/Tubewell 2,50,000.00

₹ 6,50,000.00
3 Details of Building sought to be Constructed
₹ 24,40,000.00
(a) Cost of Construction of Shade Net House (4,000 Sq Mtrs @ ₹610/-)
(b) Cost of Construction of Water Tank ₹ 1,50,000.00
(c) Cost of Construction of Grading cum Packing Shed (20 feet X 30 feet) ₹ 4,00,000.00 ₹ 29,50,000.00

4 Details of Production based Expenses

(a) Cost of Planting Material including Bulbs for Gerbera (4,000 Sq Mtrs @ ₹610/-) ₹ 24,40,000.00
24,40,000

TOTAL COST OF THE PROJECT ₹ 60,90,000

RT (COST SUMMARY)
SRL
PARTICULARS DETAILS AMOUNT (₹) AMOUNT (₹)
NO

1 Expense on Project
(a) Cost of Land Acquisition and Development ₹ 50,000.00
(b) Cost of Plant and Machinery ₹ 6,50,000.00
(c) Cost of Building ₹ 29,50,000.00
(d) Production related Expenses ₹ 24,40,000.00
₹ 60,90,000.00

2 Means of Finance
(a) Own Contribution 25% ₹ 15,22,000.00
(b) Debt in the form of Term Loan from Bank Inclsuive of Subsidy 75% ₹ 45,68,000.00
₹ 60,90,000.00

3 Subsidy from National Horticulture Board

(a) Subsidy to be Released on Dispersion of 50% of Term Loan (with a ₹ 29,00,000.00
₹ 29,00,000.00
4 STATEMENT OF PROFITABILITY

Sr. No. PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year

1 SALE
22,05,000.00 46,30,500.00 48,59,820.00 51,06,780.00 53,62,560.00 56,27,160.00
TOTAL 2205000 4630500 4859820 5106780 5362560 5627160

2 COST OF SALE
(a) Cost of planting material 1220000 2562000 2690100 2824605 2965835 3114127
(b) Chemical Fertilisers 58240 128128 134534 147987 159826 167817
(c) Labour Exp 210600 463320 486486 535135 577946 606843 1717887
(d) Insecticide & Pesticide 15000 33000 34650 38115 41164 43222
(e) Packing Material 56480 124256 130469 143516 154997 162747
(f) Electricity and fuel 24000 52800 55440 60984 65863 69156
(g) Depreciation 200750 378988 336579 299088 265922 236560

Total Cost of Sale 1785070 3742492 3868258 4049430 4231553 4400472

4 STATEMENT OF PROFITABILITY

Sr. No. PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year

3 Selling, General & Administration Exp.

(a) Insurance, Rate, Taxes & Fees 12000 26400 27700 30470 33517 35193
(b) Telephone 12000 26400 27700 30470 33517 35193
( c) Travelling & Conveyance, Vehicles 24000 52800 55400 60940 67034 70386
( d) Salay 60000 132000 138600 152460 167706 176091
( e) Misc Exp 60000 132000 171600 188760 207636 249200

Total Selling, General & Administrati 168000 369600 421000 463100 509410 566063
4 Sub Total [ 2+3 ] 1953070 4112092 4289258 4512530 4740963 4966535
396000
5 Operating Profit before Interest [ 1-4 251930 518409 570562 594250 621597 660625
6 ] Interest - Term Loan 66000 125000 95000 66000 37000 7000
7 Operating Profit after Interest [5-6] 185930 393409 475562 528250 584597 653625
8 Preliminary & Pre-operative Exp. W/OFF. 0 0 0 0 0
9 Profit before Tax [7-8] 185930 393409 475562 528250 584597 653625
2821372
10 Provision for Tax 0 0 0 0 0 0
11 Net Profit [9-10] 185930 393409 475562 528250 584597 653625
12 Dividend - Withdrawls 120000 300000 360000 420000 480000 540000
13 Retained Profit [11-12] 65930 93409 115562 108250 104597 113625
14 Retained Profit/Net Profit % [13/11] 35.46 23.74 24.30 20.49 17.89 17.38
15 Cash Accrual [11+8+2g] 386680 772396 812141 827338 850519 890185
16 Add : Interest [Term Loan] 66000 125000 95000 66000 37000 7000
Cash Accrual before Interest [15+16] 452680 897396 907141 893338 887519 897185
17
18 Debt Servicing
Repayment of Term Loan 0 308000 308000 310000 310000 155000
Interest Term Loan 66000 125000 95000 66000 37000 7000
TOTAL 66000 433000 403000 376000 347000 162000
 DEBT EQUITY RATIO
(figure in lacs)
YEARS
Liabilities & Capital 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year

Capital Fund 48,04,930.00 48,98,338.50 50,13,900.13 51,22,149.66 52,26,746.81 53,40,371.68

Unsecured Loan - - - - - -
Total 48,04,930.00 48,98,338.50 50,13,900.13 51,22,149.66 52,26,746.81 53,40,371.68

Secured Loans
Working Capital - - - - - -
Term Loan 13,91,000.00 10,83,000.00 7,75,000.00 4,65,000.00 1,55,000.00 -

13,91,000.00 10,83,000.00 7,75,000.00 4,65,000.00 1,55,000.00 -

Debt Equity Ratio 0.29 0.22 0.15 0.09 0.03 -

Average Capital Fund 50,67,739.46

Average Debt Equity Ratio 6,44,833.33

Average Debt Equity Ratio 0.13 :1

PARTICULARS
 1st Year
2nd Year
3rd Year
4th Year
5th year
6th Year

PROJECTED PERFORMANCE AND FINANCIAL INDICATORS

Net Sales 22,05,000.00 46,30,500.00 48,59,820.00 51,06,780.00 53,62,560.00 56,27,160.00

Exports - - - - - -

Operational Profit before Tax 1,85,930.00 3,93,408.50 4,75,561.63 5,28,249.53 5,84,597.15 6,53,624.87

Profit Before Tax 1,85,930.00 3,93,408.50 4,75,561.63 5,28,249.53 5,84,597.15 6,53,624.87

Profit Before Tax / Net Sales % 8.43 8.50 9.79 10.34 10.90 11.62

Profit After Tax (Net Profit) 1,85,930.00 3,93,408.50 4,75,561.63 5,28,249.53 5,84,597.15 6,53,624.87

Profit After Tax/ Sales 8.43 8.50 9.79 10.34 10.90 11.62

Cash Accruals 3,86,680.00 7,72,396.00 8,12,141.00 8,27,338.00 8,50,518.75 8,90,184.99

Profit Before Tax, Depreciation 4,52,680.00 8,97,396.00 9,07,141.00 8,93,338.00 8,87,518.75 8,97,184.99
Interest & Taxes

Interest on term Loan & C/C 66,000.00 1,25,000.00 95,000.00 66,000.00 37,000.00 7,000.00

PBDIT/Interest 6.86 7.18 9.55 13.54 23.99 128.17

Return on total Assets 3.14 7.09 9.12 10.75 12.58 14.81

Tangible Net Worth 48,04,930.00 48,98,338.50 50,13,900.13 51,22,149.66 52,26,746.81 53,40,371.68

Adjusted Tangible Net Worth 48,04,930.00 48,98,338.50 50,13,900.13 51,22,149.66 52,26,746.81 53,40,371.68
PROJECTED PERFORMANCE AND FINANCIAL INDICATORS

PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year

Total Outside Liabilities / 0.29 0.22 0.15 0.09 0.03 -

Tangible Net Worth

Total Outside Liabilities / 0.29 0.22 0.15 0.09 0.03 -

Adjusted Tangible Net Worth

Current Ratio - - - - - -
 MR. RAMESHWAR SON OF MR. GORDHAN
VILLAGE DHAROLI, TEHSIL SAFIDON DISTRICT JIND
PROJECTED FUND FLOW ANALYSIS

PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year

Long Term Sources 63,15,930.00 3,93,408.50 4,75,561.63 5,28,249.53 5,84,597.15 6,53,624.87

Long Term Uses 61,30,000.00 - - - - -

Surplus 1,85,930.00 3,93,408.50 4,75,561.63 5,28,249.53 5,84,597.15 6,53,624.87

PROJECTED FIXED ASSET COVERAGE RATIO

Net Fixed Assets 59,29,250.00 55,50,262.50 52,13,683.13 49,14,594.66 46,48,673.06 44,12,112.94

Term Liabilities 13,91,000.00 10,83,000.00 7,75,000.00 4,65,000.00 1,55,000.00 -

FACR 4.26 5.12 6.73 10.57 29.99 #DIV/0!

Avg. FACR

PROJECTED IRR RATIO

Cash Inflow ( PBT) (16,29,385.00) 1,85,930.00 3,93,408.50 4,75,561.63 5,28,249.53 5,84,597.15 6,53,624.87
Deprication 2,00,750.00 3,78,987.50 3,36,579.38 2,99,088.47 2,65,921.60 2,36,560.12
Total Cash Inflow (CF) (16,29,385.00) 3,86,680.00 7,72,396.00 8,12,141.00 8,27,338.00 8,50,518.75 8,90,184.99
NPV
IRR 34.91%

PROJECTED IRR RATIO

Cash Inflow ( PAT) (16,29,385.00) 1,85,930.00 3,93,408.50 4,75,561.63 5,28,249.53 5,84,597.15 6,53,624.87
Deprication - 2,00,750.00 3,78,987.50 3,36,579.38 2,99,088.47 2,65,921.60 2,36,560.12
Total Cash Inflow (CF) (16,29,385.00) 3,86,680.00 7,72,396.00 8,12,141.00 8,27,338.00 8,50,518.75 8,90,184.99
NPV
IRR 34.91%
 TERM LOAN & REPAYMENT SCHEDULE
Rs. In Lacs
YEAR O/ Balance Addition Subsidy Balance Repayment Balance Interest
Disbursement 9.50%
6 TERM LOAN, REPAYMENT & INTEREST

Net House PROJECT

2021-22 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1 Amount Rs. 4291000 0.00 42.91 29.00 13.91 0.00 13.91 0.66
42.91 29.00 0.00 13.91 0.66
2 -@ % of Interest 9.50%
2022-23 13.91 0.00 0.00 13.91 1.54 12.37 0.66
3 Repayment 5 Years 12.37 0.00 0.00 12.37 1.54 10.83 0.59
42.91 0.00 3.08 10.83 1.25
Moratoriam 6 Months
0.00 0.00 1.54 9.29 0.51
2023-24 10.83 10.83
0.00 0.00 1.54 7.75 0.44
Installments Half year 9.29 9.29
3.08 0.95

First Installment Apr-22 1.55 6.20 0.37

0.00 0.00
2024-25 7.75 7.75 1.55 4.65 0.29
0.00 0.00
Total Installment 10 6.20 6.20 3.10 0.66
Moratoriam Period 6 Months
1.55 3.10 0.22
0.00 0.00
Repayment Installments 9 2025-26 4.65 4.65 1.55 1.55 0.15
0.00 0.00
3.10 3.10 3.10 0.37

1.55 0.00 0.07

0.00 0.00
2026-27 1.55 1.55
1.55 0.07
 PROJECTED PRODUCTION AND COST OF PRODUCTION)

DETAILS
SRL NO
PARTICULARS 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27
For Gerbera in Polyouse

(A) (a) Number of Shade Net House 2 2 2 2 2 2

(b) Area of Structure (In Sq Mtrs) 4,000 4,000 4,000 4,000 4,000 4,000
(c) Total Number of Plants to be Planted 25,000 25,000 25,000 25,000 25,000 25,000
(d) Survival Rate of Plants 98.00% 98.00% 98.00% 98.00% 98.00% 98.00%
(e) Total Number of Plants available 24,500 24,500 24,500 24,500 24,500 24,500
for Production
(f) Production per Plant (In Pcs) 36 36 36 36 36 36
(g) Total Production (In Pcs) 8,82,000 8,82,000 8,82,000 8,82,000 8,82,000 8,82,000
(h) Number of Crops (Annually) 1 1 1 1 1 1
(i) Annual Output (In Pcs) 8,82,000 8,82,000 8,82,000 8,82,000 8,82,000 8,82,000
(j) Sale Price of Flower ₹ 5.00 ₹ 5.25 ₹ 5.51 ₹ 5.79 ₹ 6.08 ₹ 6.38
(k) Total Sales ₹ 44,10,000.00 ₹ 46,30,500.00 ₹ 48,59,820.00 ₹ 51,06,780.00 ₹ 53,62,560.00 ₹ 56,27,160.00
Months 6 12 12 12 12 12
₹ 22,05,000.00 ₹ 46,30,500.00 ₹ 48,59,820.00 ₹ 51,06,780.00 ₹ 53,62,560.00 ₹ 56,27,160.00
PROJECTED TOTAL SALES
############# ############# ############# ############# ############# #############
Month

(B) DETAILS OF AMORTISATION OF COST

(a) Purchase Cost of Bulbs of Garbera ₹ 24,40,000.00 ₹ 25,62,000.00 ₹ 26,90,100.00 ₹ 28,24,605.00 ₹ 29,65,835.25 ₹ 31,14,127.01
(C) (b) Life Span of Plant 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
Months 6 12 12 12 12 12
(c) Amortised Value of Plant and Pre ₹ 12,20,000.00 ₹ 25,62,000.00 ₹ 26,90,100.00 ₹ 28,24,605.00 ₹ 29,65,835.25 ₹ 31,14,127.01
Operational Expenses
 CASH FLOW STATEMENT

PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year

SOURCES OF FUNDS
Net Profit before Int. , Dep., & Tax 185930 393409 475562 528250 584597 653625
Capital Introduced 1839000 0 0 0 0 0
Capital Subisdy 2900000
Bank Term Loan 1391000
Increase in Other Liabilities 0 0 0 0 0 0
Encashment of Investment 0 0 0 0 0 0
Deprication 200750 378988 336579 299088 265922 236560

TOTAL 6516680 772396 812141 827338 850519 890185

APPLICATION OF THE FUNDS
Green House Material 0
Cost of the Project 6130000 0 0 0 0
Investment 0 100000 100000 50000 0 150000
Repayment of Bank Loan 0 308000 308000 310000 310000 155000
Increase in Other Assets 200000 50000 50000 50000 50000 50000
Withdrawal 120000 300000 360000 420000 480000 540000
Deposits Capital Subsidy tr to T/L 0
TOTAL 6450000 758000 818000 830000 840000 895000
Opening Cash Balance 0 66680 81076 75217 72555 83074
Net Surplus 66680 14396 -5859 -2662 10519 -4815
Closing Cash Balance 66680 81076 75217 72555 83074 78259

- - - - - -
 PROJECTED BALANCE SHEET

PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year

LIABILITY
Capital 4804930 4898339 5013900 5122150 5226747 5340372
Bank Loan 1391000 1083000 775000 465000 155000 0
Other Liabilities

TOTAL 6195930 5981339 5788900 5587150 5381747 5340372

ASSETS
Fixed Assets 5929250 5550263 5213683 4914595 4648673 4412113
Other Assets 200000 250000 300000 350000 400000 450000
Investment 0 100000 200000 250000 250000 400000
Cash & Bank Balance 66680 81076 75217 72555 83074 78259
Preoprative expenses 0 0 0 0 0 0

TOTAL 6195930 5981339 5788900 5587150 5381747 5340372

A-L 0 0 0 0 0 0
 SHARE CAPITAL & RESERVE & SURPLUS ACCOUNT

PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year

Opening Balance 0 4804930 4898339 5013900 5122150 5226747

Received During the Year 1839000 0 0 0 0 0
Net Profit for the Year 185930 393409 475562 528250 584597 653625
Capital Subsidy 2900000 0 0 0 0 0

Sub Total 4924930 5198339 5373900 5542150 5706747 5880372

Less : Withdrawl 120000 300000 360000 420000 480000 540000

Closing Balance 4804930 4898339 5013900 5122150 5226747 5340372

 DEBT SERVICE COVERAGE RATIO

PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th year 6th Year
Profit After Tax 185930 393409 475562 528250 584597 653625
Depreciation 200750 378988 336579 299088 265922 236560
Interest 66000 125000 95000 66000 37000 7000
Sub Total A 452680 897396 907141 893338 887519 897185

Cash Accruals (I) 386680 772396 812141 827338 850519 890185

Interest 66000 125000 95000 66000 37000 7000

Repayment of Term Loan (II) 0 308000 308000 310000 310000 155000
Sub Total B 66000 433000 403000 376000 347000 162000

Gross D.S.C.R. (A/B) 6.86 2.07 2.25 2.38 2.56 5.54

Average Gross DSCR 2.76

Net DSCR (I/II) #DIV/0! 2.51 2.64 2.67 2.74 5.74

Average Net DSCR (I/II) 3.26