Credit Monitoring Arrangement

Of

M/s Omprakash Sahu

(Prop. Omprakash Sahu)
Gandhi Chowk
Tilda Neora (C.G.)

PALLAV SINGHANIA & CO.

CHARTERED ACCOUNTANTS
Beside Canara Bank, Shri Sharda Business Park
Kharora Road, Tilda Neora 493114
Mob: +91-7000689421
Email: CaPallavSinghania@gmail.com
 ASSESMENT OF WORKING CAPITAL REQUIREMENTS
FORM II
AS PER PROFIT & LOSS ACCOUNT (ACTUAL / ESTIMATES) FOR THE YEAR ENDED
M/S Omprakash Sahu
(Rs in Lac)
Year 2021 2022 2023 2024 2025
Non -Audited Non -Audited Estimated Projected Projected
1 Gross Receipts
(i) -Sales Receipts 18.26 18.86 21.69 24.94 28.68
(ii) -Other Income 0.75 0.77 0.81 0.95 1.05
Total 19.01 19.63 22.50 25.89 29.73
2 Less : Excise Duty - - - - -
Less: Other Items - - - - -
3 Net Sales (1-2) 19.01 19.63 22.50 25.89 29.73
4 % age rise (+) or fall (-) in net sales as compared to
0.00% 3.26% 14.62% 15.08% 14.82%
previous yr
5 Cost of Sales
(i) Purchases 13.18 11.23 13.14 14.56 16.74
(ii) Power and Fuel 1.78 1.85 2.13 2.45 2.81
(ii) Rent - - - - -
(iii) Transportation charges - - - - -
(iv) Salary & Wages 1.80 1.96 2.25 2.59 2.98
(v) Repair and Maintanence - - - - -
(vi) Administrative Expenses - - - - -
(vii) Depreciation - - - - -
(viii) GROSS TOTAL 16.76 15.04 17.52 19.60 22.54
(viii) Add: Opening Stock in Process - - - - -
Sub-total 16.76 15.04 17.52 19.60 22.54
(ix) Deduct: Closing Stock in Process - - - - -
(x) COST OF PRODUCTION 16.76 15.04 17.52 19.60 22.54
(xi) Add: Opening Stock of Finished Goods - 2.25 2.39 2.65 2.83
Sub-total 16.76 17.29 19.91 22.25 25.37
(xii) Less : Closing Stock of Finished Goods 2.25 2.39 2.65 2.83 3.12
(xiii) TOTAL COST OF SALES 14.51 14.90 17.26 19.42 22.25
Gross Profit 4.50 4.73 5.24 6.47 7.48
23.67% 24.10% 23.28% 25.01% 25.17%
6 Selling General & Admin.expenses - - - - -
7 SUB TOTAL (5+6) 14.51 14.90 17.26 19.42 22.25
8 Operating Profit Before Interest (3-7) 4.50 4.73 5.24 6.47 7.48
9 Interest - - 0.30 0.30 0.30
10 Operating Profit After Interest 4.50 4.73 4.94 6.17 7.18
11(i) Add : Other Non Operating Income - - - -
Interest / Discount Received - - -
Sundry Balances Written Back - - - - -
Miscellaneous 0.00 - - - -
Previous Year Adjustments - - - - -
Sub-total - - - - -
(ii) Deduct : Other Non Operating expenses -
Miscellaneous - - -
Other Expenses - - - - -
Sub-total - - - - -
Net of Non Operating Income / Expenses - - - - -
12 Profit / (Loss) Before Tax 4.50 4.73 4.94 6.17 7.18
13 Provision For Taxes - - - - -
Prior Period Adjustments - - - - -
14 Net Profit / (Loss) After Tax 4.50 4.73 4.94 6.17 7.18
15 Dividend / Directors remuneration - - - - -
Defferred Taxes - - - - -
16 Retained Profit 4.50 4.73 4.94 6.17 7.18
17 Cash Accruals 4.50 4.73 4.94 6.17 7.18
 FORM - III (Continued)
ANALYSIS OF BALANCE SHEET
M/S Omprakash Sahu As per Balance sheet as at
LIABILITIES 2021 2022 2023 2024 2025
(Rs in Lac) Non -Audited Non -Audited Estimated Projected Projected
CURRENT LIABILITIES
1 Short-term borrowings from banks(incld.bills purchased
discounted & excess borrwoing placed on repayment
basis)
(i) From applicant bank - - 3.00 3.00 3.00
(ii) From other banks - - - - -
(iii) (of which BP & BD)
Sub Total - - 3.00 3.00 3.00
2 Short term borrowing from others - - - - -
3 Sundry creditors (Trade) 1.76 1.87 1.96 2.11 2.32
4 Advance payments from customers / dep. From dealer
- - - -
5 Provision - - - - -
6 Dividend payable - - - - -
7 Other statutory liabilities (due within one year) -
8 Deposits / Instalments of term loans/DPGs/Debenture
-
(due within one year)
9 Other current liabilities & provisions (due in 1yrs.)
- -
(Specify major items)
a TDS payable - - - - -
b Creditor for Expenses - - - - -
c Other current liabilities - - - - -
Other Current Liabilities [Sub-total (B)] 1.76 1.87 1.96 2.11 2.32
10 Total Current Liabilities ( total of 1 to 9 excl (iii)) 1.76 1.87 4.96 5.11 5.32
TERM LIABILITIES
11 Debentures (not maturing within 1yrs.) - - - - -
12 Prefrence shares (redeemable after 1yrs.) - - - - -
13 Term loans (excld instalments payable within 1yrs.) - -
14 Deferred Payment Credit excluding inst. due within 1yrs
- - - - -
15 Unsecured Loans (repayable after 1year) - - - - -
16 Other term liabilities - - - -
17 TOTAL TERM LIABILITIES - - - - -
17.a Inter Unit Balance - - - - -
18 Total Outside Liabilities (item 10 + 17) 1.76 1.87 4.96 5.11 5.32
NET WORTH
19 Partner's capital 9.03 11.11 11.90 12.59 13.28
20 Introduced Capital - - - -
21 Withdrawl 2.42 3.94 4.25 5.48 6.76
22 Other reserves(excluding provisions) - - - - -
23 Surplus(+) or deficit(-) in P&L account 4.50 4.73 4.94 6.17 7.18
23.a Capital Reserve - - - - -
23.b Investment Allowance Reserve - - - - -
23.c Deferred Tax Liability - - - - -
24 NET WORTH 11.11 11.90 12.59 13.28 13.70
25 TOTAL LIABILITIES 12.87 13.77 17.55 18.39 19.02
 FORM - III (Continued)
ANALYSIS OF BALANCE SHEET
M/S Omprakash Sahu As per Balance sheet as at
ASSETS
2021 2022 2023 2024 2025
(Rs in Lac) Non -Audited Non -Audited Estimated Projected Projected
CURRENT ASSETS
26 Cash and bank balances 5.27 6.00 4.92 5.57 5.35
27 Investments (other than long term investments) - - - - -
(i) Fixed Deposits (LC, BG, Margin) -
(ii) Other Fixed deposits with bank - - - - -
28(i) Receivables other than defered & export (export
1.35 1.38 5.98 5.99 6.55
including bills purchased and discounted by bank)
(ii) Export receivables (incld bills purchased & dis. By 1) - - - - -
29 Installments of deferred receivables (due with in 1 year)
- - - - -
30 Inventory: 2.25 2.39 2.65 2.83 3.12
(i) Raw materials(including stores & other items used in the
- - - - -
process of manufacture)
a Imported - - - - -
b Indigenous - - - - -
(ii) Stock-in-process - - - - -
(iii) Finished goods 2.25 2.39 2.65 2.83 3.12
(iv) Other consumable spares - - - - -
a Imported - - - - -
b Indigenous - - - - -
31 Advances to suppliers of Finished Goods 4.00 4.00 4.00 4.00 4.00
32 Advance payment of taxes - - - - -
33 Other current assets - - - - -
Deposits - - - -
Others - - - - -
34 TOTAL CURRENT ASSETS (total of 26 to 33)
12.87 13.77 17.55 18.39 19.02
FIXED ASSETS
35 Gross Block (land & building, machinery, work-in-
- - - - -
procees)
36 Depreciation to date - - - - -
37 NET BLOCK (35-36) - - - - -
OTHER NON-CURRENT ASSETS
38 Investments/book debts/adv./deposits which are not
- - - - -
Current Assets
(i)a Investments in subsidiary companies / affiliates - - - - -
b Others (amount earmarked for future expansions) - - -
(ii) Loan & Advances - - - - -
(iii) Inter unit A/C - - - - -
(iv) Others-Debtors>6 months - - - - -
-Security deposit - - - - -
-Any other Non-Current deposits - - - - -
39 Loan & Advances - - - - -
40 Other non-current assets incl. Dues from directors - - - - -
41 TOTAL OTHER NON-CURRENT ASSETS - - - - -
42 Intangible assets (patents,goodwill, prelim.exp.
- - - - -
Bad/doubtful expenses not provided for, etc.)
43 TOTAL ASSETS (34+37+41+42) 12.87 13.77 17.55 18.39 19.02
44 TANGIBLE NET WORTH (24-42) 11.11 11.90 12.59 13.28 13.70
45 NET WORKING CAPITAL (17+24)-(37+41+42) 11.11 11.90 12.59 13.28 13.70
46 Current Ratio 7.31 7.36 3.54 3.60 3.58
46 a Current Ratio [Excluding Term Loan Installment] 7.31 7.36 3.54 3.60 3.58
47 Total Outside Liabilities/Tangible Net Worth 0.16 0.16 0.39 0.38 0.39
48 Total Term Liabilities/Tangible Net Worth - - - - -
- - (0.00) 0.00 0.00
 FORM - IV
Comparative statement of Current assets & Current Liabilities
M/S Omprakash Sahu
I. CURRENT ASSETS
Year 2021 2022 2023 2024 2025
(Rs in Lac) Non -Audited Non -Audited Estimated Projected Projected

1 Raw materials including stores & other items used in the

process of manufacturing
(a) Imported : Amount - - - - -
: Month's consumption - - - - -
(b) Indigenous : Amount - - - - -
: Month's consumption - - - - -
2 Other consumable spares, excldg.those included in(1)
above - - - - -
(a) Imported : Amount - - - - -
: Month's consumption - - - - -
(b) Indigenous : Amount - - - - -
: Month's consumption - - - - -
3 Stock-in-process: Amont - - - - -
: Month's cost of production - - - - -
4 Finished goods : Amount 2.25 2.39 2.65 2.83 3.12
: Month's cost of Sales (0.78) (1.92) (1.84) (1.75) (1.68)
5 Receivables other than export & defered receivables
(Incldg. Bill purchased & discounted by bank) : Amount 1.35 1.38 5.98 5.99 6.55

: Month's Domestic Sales( includg.

(0.36) (0.84) (3.19) (2.78) (2.64)
defered payment sales)
6 Export receivables (incldg. Bills purchased & disc.)
: Amount - - - - -
: Month's export Sales - - - - -
7 Advance to suppliers of materials & stores / spares,etc.
- - - - -
- - - - -
8 Other current assets includg. Cash & bank balances
receivables due within one year (speciy major items) 5.27 6.00 4.92 5.57 5.35
Cash & bank balances 5.27 6.00 4.92 5.57 5.35
Investment except long-term investment of def. - - - - -
Others - - - - -
9 TOTAL CURRENT ASSETS 8.87 9.77 13.55 14.39 15.02
II. CURRENT LIABILITIES
(Other than bank borrowing for working capital) - - - - -
- - - - -
10 Creditors for purchase of raw materials, stores & - - - - -
consumable
Spares : Amount 1.76 1.87 1.96 2.11 2.32
: Month's purchase (1.41) (1.70) (1.53) (1.48) (1.41)
11 Advance from customers - - - - -
12 Statutory liabilities - - - - -
13 Other current liabilities-specify major items
a) S T borrowing-others - - - - -
b) Dividend payable - - - - -
c) Instalments of TL, DPS & public deposits - - - - -
d) Other current liabilities & provisions - - - - -
14 TOTAL 1.76 1.87 1.96 2.11 2.32
 FORM - V
Computation of Assessed Bank Finance for Working Capital
M/S Omprakash Sahu
(Rs in Lac)
Year 2021 2022 2023 2024 2025
Non -Audited Non -Audited Estimated Projected Projected
ASSESSED BANK FINANCE
1 Total current assets 12.87 13.77 17.55 18.39 19.02
2 Other current liabilities(other than bank borrowing) 1.76 1.87 1.96 2.11 2.32
3 Working capital gap 11.11 11.90 15.59 16.28 16.70
4 Net working capital 11.11 11.90 12.59 13.28 13.70
5 Assessed bank finance - - 3.00 3.00 3.00
6 NWC to Total Current Assets% 86.32 86.42 71.74 72.21 72.03
7 Bank Finance to TCA % - - 17.09 16.31 15.77
8 Sundry Creditors to TCA % 13.68 13.58 11.17 11.47 12.20
9 Other current Liabilities to Total Current assets % - - - - -
10 Inventory to Net Sales (Days) 10.80 11.11 42.99 39.89 38.31
11 Receivables to Gross Sales (Days) 6.48 6.41 24.25 21.11 80.42
12 Sundry Creditors to Purchases (Days) 48.74 60.78 54.45 44.90 42.93

FORM - VI FUND STATEMENT

M/S Omprakash Sahu
(Rs in Lac)
Year 2021 2022 2023 2024 2025
Non -Audited Non -Audited Estimated Projected
1 SOURCES
a) Net profit (after tax) 4.50 4.73 4.94 6.17 7.18
b) Depreciation - - - - -
c) Increase in capital - 2.08 0.79 0.69 0.69
d) Increase in term liabilities,including public deposit - - - - -
e) Decrease in :
(i) Fixed assets - - - - -
(ii) Other non-current assets - - - - -
f) Others - - - - -
g) TOTAL 4.50 6.81 5.73 6.86 7.88
2 USES
a) Net loss
b) Decrease in term liabilities,including public deposits - - - -
c) Increase in:
(i) Fixed assets - - - -
(ii) Depreciation adjustment - - - -
(iii) Other non-current assets - - - -
d) Dividend payment - - - -
e) Others 6.02 5.04 6.17 7.45
f) TOTAL 6.02 5.04 6.17 7.45
3 Long term surplus / deficit 0.79 0.69 0.69 0.42
4 Increase / Decrease in current assets (as per details given
4.90 7.78 0.84 0.63
below)
5 Increase / Decrease in current liabilities other than bank
0.11 0.09 0.15 0.21
borrowings
6 Increase / Decrease in working capital gap 4.79 7.69 0.69 0.42
7 Net surplus (+) / deficit(-) (4.00) (7.00) 0.00 0.00
8 Increase / Decrease in Bank borrowings - 3.00 - -
INCREASE / DECREASE IN NET SALES 2.87 3.39 3.84 #REF!
*Break-up of (4) (4.00) (4.00) 0.00 0.00
(i) Increase / decrease in Raw materials - - - -
(ii) Increase / decrease in Stock - in - process - - - -
(iii) Increase / decrease in Finished goods 0.14 0.26 0.18 0.29
(iv) Increase / decrease in Receivables (a) Domestic 0.03 4.60 0.01 0.56
(b) Export - - - -
(v) Increase / decrease in Stores & spares - - - -
(vi) Increase / decrease in Other current assets 4.73 2.92 0.65 (0.22)
4.90 7.78 0.84 0.63
 Assesment of Working Capital Requirements
Financial Indicators
M/S Omprakash Sahu
Year 2021 2022 2023 2024 2025
(Rs in Lac) Non -Audited Non -Audited Estimated Projected Projected
1 Net Sales 19.01 19.63 22.50 25.89 29.73
1.a Operating Profit 4.50 4.73 5.24 6.47 7.48
2 Profit Before Tax 4.50 4.73 4.94 6.17 7.18
2.a PBT / Net sales(%) 23.67 24.10 21.95 23.85 24.16
3 Profit After Tax 4.50 4.73 4.94 6.17 7.18
4 Paid Up Capital 9.03 11.11 11.90 12.59 13.28
4.a Cash Accruals 4.50 4.73 4.94 6.17 7.18
5 Tangible Net Worth 11.11 11.90 12.59 13.28 13.70
6 Total Outside Liability 1.76 1.87 4.96 5.11 5.32
7 TOL / TNW 0.16 0.16 0.39 0.38 0.39
7.a Adjusted TNW 11.11 11.90 12.59 13.28 13.70
7.b TOL / Adj. TNW 0.16 0.16 0.39 0.38 0.39
8 Total Current Assets 12.87 13.77 17.55 18.39 19.02
8.a Total Tangible Assets 12.87 13.77 17.55 18.39 19.02
9 PBT / TTA(%) 34.97% 34.35% 28.14% 33.58% 37.76%
10 Operating Expenses 14.51 14.90 17.26 19.42 22.25
11 Operating Expenses / Net Sales (%) 76.33% 75.90% 76.72% 74.99% 74.83%
12 Cost of Sales / Net sales (%) 76.33% 75.90% 76.72% 74.99% 74.83%
13 Depretiation - - - - -
14 Interest - - 0.30 0.30 0.30
15 Net Working Capital 11.11 11.90 12.59 13.28 13.70
16 Inventory + Receivables 3.60 3.77 8.63 8.82 9.67
17 Assessed Bank Finance - - 3.00 3.00 3.00
18 PBDIT 4.50 4.73 5.24 6.47 7.48
19 PBDIT / Intt. #DIV/0! #DIV/0! 17.46 21.58 24.94
20 PBDIT / TTA 34.97 34.35 29.85 35.21 39.33
21 Purchases 13.18 11.23 13.14 17.15 19.72
22 Sundry Creditors 1.76 1.87 1.96 2.11 2.32
23 TOL / TNW 0.16 0.16 0.39 0.38 0.39
24 CA / CL 7.31 7.36 3.54 3.60 3.58
25 Bank Finance / TCA (%) - - 17.09 16.31 15.77
26 Gross Sales / Total Current Assets 1.48 1.43 1.28 1.41 1.56
27 Operating Profit / TTA (%) 34.97 34.35 29.85 35.21 39.33
28 Operating Profit / TNW (%) 40.50 39.75 41.61 48.74 54.59
29 Operating Profit / Gross Fixed Assets(%) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
EFFICIENCY RATIOS
1 Net Sales to TTA (times) 1.48 1.43 1.28 1.41 1.56
2 PBT to TTA (%) 34.97 34.35 28.14 33.58 37.76
3 Operating costs to sales (%) 76.33 75.90 76.72 74.99 74.83
4 Bank Finance / TCA (%) - - 17.09 16.31 15.77
5 (Inv./Net Sales) + (Receivables / Gross Sales) days 17.28 17.52 140.00 124.33 118.73

A Assessed Bank Finance - - 3.00 3.00 3.00

B CA / CL 7.31 7.36 3.54 3.60 3.58
C TOL / TNW 0.16 0.16 0.39 0.38 0.39
D PBDIT / Intt. #DIV/0! #DIV/0! 17.46 21.58 24.94
E Net Profit / Net Sales (%) 23.67 24.10 21.95 23.85 24.16
F (PBDIT / TTA) ROCE 139.86 137.40 29.85 35.21 39.33
G (Inv./Net Sales) + (Receivables / Gross Sales) days 17.28 17.52 140.00 124.33 118.73

Prepared by - CA Pallav Singhania & Co.