FINANCIAL DETAILS ANALYSIS

TRADING & P/L ACCOUNT

ASN Enterprise (Rs. In Lakh)
2018 2019 2020
Particulars PROVISIONAL
AUDITED AUDITED
31 Oct. 19
1 Sales / Revenue
a) Domestic 324.84 261.15 194.41
Manufacturing
Trading 324.84 261.15 194.41
b) Exports
Manufacturing
Trading
c) Service
d) Job work Charges
(Quantity – Manufacturing / Trading) NA NA NA
Total Sales/ Income 324.84 261.15 194.41
2 Other Operating Income
Recurring (Direct Income) 6.87
Non Recurring
Total Other Operating Income 6.87
3 Cost of Sales
Purchase 254.44 219.30 170.35
Direct Expense 52.85 38.28 5.30
Depreciation 2.04 2.05 0.87
Opening Stock 14.40 49.37 66.64
Closing Stock 49.37 66.64 112.90
Total Cost of Sales 274.36 242.36 130.27
4 Gross Profits 50.48 18.78 71.01
Gross Margin % 15.54% 7.19% 36.53%
5 Indirect Expense 34.72 26.10 10.10
Promoter Remuneration
Total Indirect Expense 34.72 26.10 10.10
6 Operating Profit before Interest 15.76 -7.32 60.91
Operating Margins % 4.85% -2.80% 31.33%
7 Financial Charges
Interest to FI & Banks 8.81 9.97 2.26
Interest to others / Bank Charges 2.44 1.19 0.07
Interest On Depositors/ Personal Loan 0.24 0.56
Partner Interest
 Total Financial Charges 11.49 11.73 2.33
8 Other Non-Operating Income
Recurring
Non Recurring 3.77 20.80
Total Other Non-Operating Income 3.77 20.80
9 Other Non-Operating Expenditure
P&P Written off
Others
Total Other Non-Operating Expenditure
10 PBT 8.03 1.75 58.58
11 Provision of Tax
Income Tax
Deffered Tax
Appropriations
Total Provisions of Tax
12 Net Profit 8.03 1.75 58.58 64.2263
Net Profit Ratio 2.47% 0.67% 30.13%
13 Cash Profit 10.08 3.80 59.46
14 Cash Profit before promoters withdrawal 10.08 3.80 59.46
 BALANCE SHEET ANALYSIS
2018 2019 2020
Particulars PROVISIONAL
AUDITED AUDITED
31 Oct. 19
1 Net Worth
Authorised Share Capital
Paid up Capital/Opening Capital 32.65 40.69 37.47
Reserves/Surplus/Profit & Loss 8.03 1.75 58.58 40.68563 42.43367
Interest on PPF & Dividend
Partners Interest & Remuneration
Addition
Withdraw (School fee, House hold Exp, Mediclaim) 4.96 0.64 -16.15003
Less: Revaluation Reserve (if any)
Total Net Worth 40.69 37.47 95.42
Less: P&P Expenses/Intangible Assets
Tangible Net Worth 40.69 37.47 95.42
2 Unsecured Loan from F&R /Group Concern/Relatives 9.36 9.24 19.50
Total Quasi Capital 50.04 46.72 114.92
3 Term Liability
Secured Debts with other 14.19 11.83
Secured Debts With Us (Term Loan)
Unsecured Debt (NBFC and Bank )
Unsecured Debt (Others)
Other Term Liability (Differed Tax)
Total Outside Term Liabilities 14.19 11.83
4 Fixed Assets
Net Fixed Assets Less Revaluation if any 13.52 11.53 4.57
Capital WIP
Total Fixed Assets 13.52 11.53 4.57
5 Non Current Assets
Investments (FDR/NSC/LIC/SHARE) 19.40 21.29 5.87
Land & Building 11.97
Book Debts >6 months
Advances (OD Credit Balance)
Advances/Loan to Relatives /Friends/Group Concern 14.96 15.16 10.65
Advance deposits (Factory & Shop Adv Rent) 3.74 3.83 28.00
Advances for CAPEX
Security Deposits (Agencies & Telephone Exchange) 1.87
Differed Tax
 Total Non Current Assets 38.10 40.29 58.35
6 Current Assets
Stock 49.37 66.64 112.90
Debtors < 6 Months 152.67 134.59 97.40 134.592
Advance payment of taxes (Tax Refund Etc.) 0.85 0.81
Advance to supplier 0.03
Cash & Bank Balance 29.43 15.61 1.54
Sundry Debtors
Other deposit (Loan & Advances/TDS/Salary etc) 13.08 11.30
Other Current Assets (Telephone and Agency Deposit)
Total Current Assets 245.39 228.95 211.87 590
7 Current Liabilities other than CC/OD -181.96
Overdraft against F.D
Creditors for Goods 155.01 146.19 149.71 108.97
Creditors for Expenses
Advance from supplier 5.69
Advance from customer 0.42
Provision / other CL (Due within a year) 1.15 1.14 -1.00 6.24
Installment of TL dues within a year 2.69
Other Current Liability (Duties Taxes) 0.95 -1.55 13.47
Total Current Liabilities 157.11 145.78 148.71 0.48
 8 Working Capital Gap 88.28 83.17 63.16 43.18
9 CC/OD/Other Short Term Finance with us 75.66 76.44 33.89 181.14
CC/OD/Other Short Term Finance with others
Total CC/OD 75.66 76.44 33.89

10 Net Working Capital 12.62 6.73 29.27

11 Total Assets 297.01 280.77 274.80
12 Total Liabilities 297.01 280.77 297.52
Difference in Balance Sheet 0.00 0.00 -22.73

FINANCIAL ANALYSIS [RATIOS, LEVEL AND DSCR (IF APPLICABLE)]

2018 2019 2020
Particulars PROVISIONAL
AUDITED AUDITED 31 Oct. 19
Gross Margins 15.54% 7.19% 36.53%
PBDIT % 6.64% 5.95% 31.78%
PAT % 2.47% 0.67% 30.13%
Interest Coverage Ratio 1.37 (0.62) 26.16
ROE- Return on Equity (Post tax) 19.75% 4.66% 61.40%
Total Quasi Capital 50.04 46.72 114.92
Total D/E ratio with Normal 6.30 6.49 2.12
Total D/E ratio with Quasi 4.94 5.01 1.59
Current Ratio 1.05 1.03 1.16
Promoters Contribution 16.85% 16.64% 38.62%
Debtors Collection Period 172 188 183
Creditors Payment Period 222 243 321
Stock Holding Period 66 100 316

MPBF
A 20% of Sales 64.97 52.23 38.88
B 75% of WCG -- (1st Method of Lending) 66.21 62.38 47.37
C WCG – 25% of CA (2nd Method of Lending) 26.93 25.93 10.19
D Total of Stock & Book Debt 126.16 127.40 137.47
70% of Stock 34.56 46.65 79.03 654723436
60% of BD(Please consider BD upto 90 Days) 91.60 80.76 58.44 6547.2344
MPBF = Minimum of A-B-C-D 26.93 25.93 10.19
 2018 2019 2020
Profit After Tax 8.03 1.75 58.58
Depreciation 2.04 2.054 0.874
Interest on Term loan
Total 10.08 3.80 59.46

Interest on Term loan

Machinery loan
Total
DSCR #DIV/0! #DIV/0! #DIV/0!
Average DSCR #DIV/0! #DIV/0! #DIV/0!

Prepared By : Jitendra Tirthyani (1328)

Loan Officer : Shachi Patel (1211)

BM : Darshil Shah (661)

Existing Existing Existing

HP. STOCK 65.00 65.00 65.00

ILC/FLC/BG 50.00 50.00 50.00
SECURED LOAN 7.19 7.19 7.19
Machinery loan 13.59 13.59 13.59
135.78 135.78 135.78