HOSTEL BUILDING PROJECT

PROJECT MODEL
Assumptions - Part 1
Land
Area 40000
Cost per sqft 400
Total cost 16,000,000

Building
Area 35000
Cost per sqft 1500
Total cost 52500000

Hostel Details
No. of Flats 200
No. of student per flat 2
Total Student 400

Other Expenses
Total cost
Particulars Cost per unit Units/Students
per annum
Water Filter 20000 8 160000
Mirror 200 200 40000
Chair 400 400 160000
Shoe Rack 300 400 120000
Fan 1500 400 600000
Utensils 100 400 40000
Bed cost (per unit) 1600 400 640000
Table cost (per unit) 500 400 200000
Wardrobe (per unit) 5000 200 1000000
Dustbin (per flat) 200 200 40000
Wifi cost (Per 2 Flat) 3000 100 300000
Washroom accessory (per flat) 600 200 120000
Light bulbs (per flat) 800 200 160000
Bed Mattress (Per bed) 600 400 240000
Water Heater equipment cost 500 200 100000
Total cost 12800 3920000

Human Resources Expenses no. of employee salary no. of month Total

Security Guard 4 15000 12 720000
House keeping expenses 8 10000 12 960000

Revenue no. of student Fees per annum Total revenue

Total Hostel Fee Income 400 60000 24000000

Water Expenses
Cost per student (monthly) No. of students No. of month Total
50 400 12 240000

Maintenance Cost
cost per student (Monthly) no. of student no. of month Total
100 400 12 480000

Wi-fi Cost
cost per student (Monthly) no. of student no. of month Total
100 400 12 480000

Miscellionaus Expenses
cost per student (Monthly) no. of student no. of month Total
50 400 12 240000

Electricity Expenses
cost per student (Monthly) no. of Flat no. of month Total
300 200 12 720000
Assumptions - Part 2
Depreciation Rate
Particulars Rate
Building 5%
Bed 20%
Water Filter 20%
Mirror 50%
Chair 50%
Shoe Rack 20%
Utensils 20%
Fan 20%
Table 20%
Wardrobe 20%
Dustbin 50%
Wi-fi router 50%
Washroom accessory 50%
light bulbs 100%
Bed matress 50%
Water Equipment 50%

Tax Rate 25%

Principal Repayment
Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 Total
Principal Moratorium ( No. of Years 2.00
Interest Moratorium ( No. of Years) 0.00
Principal Repayment Period ( No. o 5.00 0 0 1 1 1 1 1
Repayment Schedule (%) 30% 33% 37% 0% 0% 100%

Principal Repayment Structure

Capital Expenditure 75,020,000

Equity 29.0% 21,760,000 186

Debt 71.0% 53,260,000 31.6
217.6

Annual interest rate 10%

Principal Moratorium 2 years

Interest Moratorium 0 years

Repayment Period 3

Percentage (%) Amount (Rs.)

1st Tranch Disburshment 59% 31642110

2nd Tranch Disburshment 41% 21617890

Depreciation Schedule- Hostel

Particulars 18-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

Building
Gross Block 0 52500000 52500000 52500000 52500000 52500000 52500000
Depreciation 0 2625000 2625000 2625000 2625000 2625000 2625000
Accumulated Depreciation 0 2625000 5250000 7875000 10500000 13125000 15750000
Net Fixed Assets 0 49875000 47250000 44625000 42000000 39375000 36750000

Bed
Gross Block 0 640000 640000 640000 640000 640000 640000
Depreciation 0 128000 128000 128000 128000 128000 128000
Accumulated Depreciation 0 128000 256000 384000 512000 640000 128000
Net Fixed Assets 0 512000 384000 256000 128000 0 512000

Table
Gross Block 0 200000 200000 200000 200000 200000 200000
Depreciation 0 40000 40000 40000 40000 40000 40000
Accumulated Depreciation 0 40000 80000 120000 160000 200000 40000
Net Fixed Assets 0 160000 120000 80000 40000 0 160000

Wardrobe
Gross Block 0 1000000 1000000 1000000 1000000 1000000 1000000
Depreciation 0 200000 200000 200000 200000 200000 200000
Accumulated Depreciation 0 200000 400000 600000 800000 1000000 200000
Net Fixed Assets 0 800000 600000 400000 200000 0 800000

Wi-fi Router
Gross Block 0 300000 300000 300000 300000 300000 300000
Depreciation 0 150000 150000 150000 150000 150000 150000
Accumulated Depreciation 0 150000 300000 150000 300000 150000 300000
Net Fixed Assets 0 150000 0 150000 0 150000 0

Bed Matress
Gross Block 0 240000 240000 240000 240000 240000 240000
Depreciation 0 120000 120000 120000 120000 120000 120000
Accumulated Depreciation 0 120000 240000 120000 240000 120000 240000
Net Fixed Assets 0 120000 0 120000 0 120000 0

Water equipment
Gross Block 0 100000 100000 100000 100000 100000 100000
Depreciation 0 50000 50000 50000 50000 50000 50000
Accumulated Depreciation 0 50000 100000 50000 100000 50000 100000
Net Fixed Assets 0 50000 0 50000 0 50000 0

Water Filter
Gross Block 0 160000 160000 160000 160000 160000 160000
Depreciation 0 32000 32000 32000 32000 32000 32000
Accumulated Depreciation 0 32000 64000 96000 128000 160000 32000
Net Fixed Assets 0 128000 96000 64000 32000 0 128000

Chair
Gross Block 0 160000 160000 160000 160000 160000 160000
Depreciation 0 80000 80000 80000 80000 80000 80000
Accumulated Depreciation 0 80000 160000 80000 160000 80000 160000
Net Fixed Assets 0 80000 0 80000 0 80000 0

Shoe Rack
Gross Block 0 120000 120000 120000 120000 120000 120000
Depreciation 0 24000 24000 24000 24000 24000 24000
Accumulated Depreciation 0 24000 48000 72000 96000 120000 24000
Net Fixed Assets 0 96000 72000 48000 24000 0 96000
Fan
Gross Block 0 600000 600000 600000 600000 600000 600000
Depreciation 0 120000 120000 120000 120000 120000 120000
Accumulated Depreciation 0 120000 240000 360000 480000 600000 120000
Net Fixed Assets 0 480000 360000 240000 120000 0 480000

Utensils
Gross Block 0 40000 40000 40000 40000 40000 40000
Depreciation 0 8000 8000 8000 8000 8000 8000
Accumulated Depreciation 0 8000 16000 24000 32000 40000 8000
Net Fixed Assets 0 32000 24000 16000 8000 0 32000

Dustbin
Gross Block 0 40000 40000 40000 40000 40000 40000
Depreciation 0 20000 20000 20000 20000 20000 20000
Accumulated Depreciation 0 20000 40000 20000 40000 20000 40000
Net Fixed Assets 0 20000 0 20000 0 20000 0

Washroom Accessory
Gross Block 0 120000 120000 120000 120000 120000 120000
Depreciation 0 60000 60000 60000 60000 60000 60000
Accumulated Depreciation 0 60000 120000 60000 120000 60000 120000
Net Fixed Assets 0 60000 0 60000 0 60000 0

Light bulbs
Gross Block 0 160000 160000 160000 160000 160000 160000
Depreciation 0 160000 160000 160000 160000 160000 160000
Accumulated Depreciation 0 160000 160000 160000 160000 160000 160000
Net Fixed Assets 0 0 0 0 0 0 0

Mirror
Gross Block 0 40000 40000 40000 40000 40000 40000
Depreciation 0 20000 20000 20000 20000 20000 20000
Accumulated Depreciation 0 20000 40000 20000 40000 20000 40000
Net Fixed Assets 0 20000 0 20000 0 20000 0
Fixed Assets Schedule - Hostel

Amounts in INR

Particulars 2018-2019 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

Land 18,600,000 18,600,000 18,600,000 18600000 18600000 18600000 18600000
Building 52500000 52500000 52500000 52500000 52500000 52500000
Bed 640000 640000 640000 640000 640000 640000
Table 200000 200000 200000 200000 200000 200000
Dustbin 40000 40000 40000 40000 40000 40000
Washroom accessory 120000 120000 120000 120000 120000 120000
Light Bulb 160000 160000 160000 160000 160000 160000
Mirror 40000 40000 40000 40000 40000 40000
Water Filter 160000 160000 160000 160000 160000 160000
Chair 160000 160000 160000 160000 160000 160000
Fan 600000 600000 600000 600000 600000 600000
Utensils 40000 40000 40000 40000 40000 40000
Shoe Rack 120000 120000 120000 120000 120000 120000
Wardrobe 1000000 1000000 1000000 1000000 1000000 1000000
Wi-fi reutor 300000 300000 300000 300000 300000 300000
Bed matress 240000 240000 240000 240000 240000 240000
Water Equipment 100000 100000 100000 100000 100000 100000
Gross Fixed Assets 18,600,000 75,020,000 75,020,000 75020000 75020000 75020000 75020000
less: Depreciation 0.00 3837000 7514000 10191000 13868000 16545000 17462000
Capital Work in Progress 52500000 0 0 0 0 0 0
Net Fixed Asset 71,100,000 71,183,000 67,506,000 64829000 61152000 58475000 57558000
Current Assets & Current Liabilities Schedule - Hostel

Amounts in INR
Current Assets:
Particulars 2018-2019 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Accounts Receivables 0 2000000 2000000 2000000 2000000 2000000 2000000

Other Current Assets 392,000 16000 116000 16000 116000 292000

Total Current Assets 0 392000 2016000 2116000 2016000 2116000 2292000

Current Liabilities:

Accounts Payable 0 320000 320000 320000 320000 320000 320000

Total Current Liabilities 0 320,000 320000 320000 320000 320000 320000

Net Working Capital 0 72000 1696000 1796000 1696000 1796000 1972000

Capital Expenditure Snapshot- Hostel
Amount in INR

Particulars Cost (Per Acre) Unit Total Cost (INR)

Land 16000000
Internal Roads, Site
1000000
development and Land Scaping
Stamp duty and Registration 1600000
Total 18600000

Particulars Cost (Per Sqft.) Sqft. Total Cost (INR)

Building
FY 2018-19 1500 35000 52500000
Total (A) 52500000

Particulars Units Cost/Units Total Cost (INR)

2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Other fixed assets:
Bed 400 1600 640000 - - - - 640000
Table 400 500 200000 - - - - 200000
Dustbin 200 200 40000 - 40000 - 40000 -
Washroom accessory 200 600 120000 - 120000 - 120000 -
Light bulbs 200 800 160000 160000 160000 160000 160000 160000
Wardrobe 200 5000 1000000 - - - - 1000000
Wi-fi router 100 3000.00 300000 - 300000 - 300000 -
Bed matress 400 600.00 240000 - 240000 - 240000 -
Water Equipment 200 500.00 100000 - 100000 - 100000 -
Mirror 200 200 40000 - 40000 - 40000 -
Water Filter 8 20000 160000 - - - - 160000
Chair 400 400 160000 - 160000 - 160000 -
Fan 400 1500 600000 - - - - 600000
Shoe Rack 400 300 120000 - - - - 120000
Utensils 400 100 40000 - - - - 40000
Total Cost 3920000 160000 1160000 160000 1160000 2920000
Estimated Revenue Model - Hostel
Amount in INR
Particulars 2018-19 2019-20 2020-2021 2021-2022 2022-23 2023-24 2024-25
No. of students 0 400 400 400 400 400 400
Fee per student 0 60000 60000 60000 60000 60000 60000
Total Revenue 0 24000000 24000000 24000000 24000000 24000000 24000000
Operating Expenses Snapshot- Hostel
Amount in INR
Particulars 2018-19 2019-20 2020-2021 2021-2022 2022-23 2023-24 2024-25
Security & house keeping exp. 0 1680000 1680000 1680000 1680000 1680000 1680000
Water 0 240000 240000 240000 240000 240000 240000
Wi-fi &Subscription 0 480000 480000 480000 480000 480000 480000
Repairs & Maintenance 0 480000 480000 480000 480000 480000 480000
Electricity Expenses 0 720000 720000 720000 720000 720000 720000
Misc. Expenses 0 240000 240000 240000 240000 240000 240000
Total 0 3840000 3840000 3840000 3840000 3840000 3840000
Estimated Profit and Loss Account - Hostel
Amount in INR
Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Revenue 0 24000000 24000000 24000000 24000000 24000000 24000000
Total Revenue 0 24000000 24000000 24000000 24000000 24000000 24000000

Expenses:
operating expenses 0 3840000 3840000 3840000 3840000 3840000 3840000
Total 0 3840000 3840000 3840000 3840000 3840000 3840000

EBITDA 0 20160000 20160000 20160000 20160000 20160000 20160000

Depreciation & Amortization 0 3837000 3837000 3837000 3837000 3837000 3837000
EBIT 0 16323000 16323000 16323000 16323000 16323000 16323000
Finance Cost 3164211 4453615 5326000 3716937 1946967 0 0
PBT -3164211 11869385 10997000 12606063 14376033 16323000 16323000
Tax 0 2967346 2749250 3151516 3594008 4080750 4080750
PAT -3164211 8902039 8247750 9454548 10782025 12242250 12242250
Transferred to Reserves -3164211 8902039 8247750 9454548 10782025 12242250 12242250
Balance Sheet Snapshot- Hostel

Amount in INR
Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Assets:
Currents:
Cash -20862101 9502828 3712944 -1955207 -6865849 7953401 20936651
Other Currents Assets 0 392000 2016000 2116000 2016000 2116000 2292000

Total Current Assets -20862101 9894828 5728944 160793 -4849849 10069401 23228651
Fixed Assets:
Gross Block 18600000 75020000 75020000 75020000 75020000 75020000 75020000
Accumulated Depreciation 0 3837000 7514000 10191000 13868000 16545000 17462000
Net Fixed Assets 18600000 71183000 67506000 64829000 61152000 58475000 57558000
Capital Work in progress 52500000 0 0 0 0 0 0

Total Assets 50237899 81077828 73234944 64989793 56302151 68544401 80786651

Liabilities:
Current Liabilities:
Other current Liabilities 0 320000 320000 320000 320000 320000 320000

Total Current Liabilities 0 320000 320000 320000 320000 320000 320000

Non-Current Liabilities:
Equity 21760000 21760000 21760000 21760000 21760000 21760000 21760000
Reserves and Surplus -3164211 5737828 13985578 23440126 34222151 46464401 58706651

Loan 31642110 53260000 37169366 19469668 0 0 0

Total Liabilities 50237899 81077828 73234944 64989793 56302151 68544401 80786651

Check 0 0 0 0 0 0 0
Cash Flow Statement Snapshot- Hostel
Amount in INR

Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

Operating Activities:
Earnings After Tax -3164211 8902039 8247750 9454548 10782025 12242250 12242250
Add Depreciation 0 3837000 3837000 3837000 3837000 3837000 3837000
Add Interest 3164211 4453615 5326000 3716937 1946967 0 0
Less: Increase in Working Capital 0 72000 1624000 100000 -100000 100000 176000 ###
###
###

Cash Flow from Operating Activities

(A) 0 17120654 15786750 16908484 16665992 15979250 15903250
Investing Activities
Capital Expenditure - Fixed Assets -71100000 -3920000 -160000 -1160000 -160000 -1160000 -2920000

Cash Flow from Investing Activities (B) -71100000 -3920000 -160000 -1160000 -160000 -1160000 -2920000
Financing Activities
Loan 53402110 21617890 0 0 0 0 0
Interest -3164211 -4453615 -5326000 -3716937 -1946967 0 0
Repayment of Loan 0 0 -16090634 -17699698 -19469668 0 0

Cash Flow from Financing Activities ( C) 50237899 17164275 -21416634 -21416634 -21416634 0 0

Net Cash Flow (A-B+C) -20862101 30364929 -5789884 -5668150 -4910643 14819250 12983250

Opening Cash Balance 0 -20862101 9502828 3712944 -1955207 -6865849 7953401

Closing Cash Balance -20862101 9502828 3712944 -1955207 -6865849 7953401 20936651
Debt Schedule- Part 1

Amount in INR
Total Term Loan (INR 53,260,000
Annual Interest Rate 10%
No. of year 5

Repayment Schedule
Year Opening Balance Additions Loan Amount Repayment Closing Balance Interest Due Interest Payment Total Repayment
1 0 31,642,110 31,642,110 31,642,110 3,164,211 3,164,211 0
2 31,642,110 21,617,890 53,260,000 53,260,000 4,453,615 4,453,615 0
3 53,260,000 0 53,260,000 16,090,634 37,169,366 5,326,000 5,326,000 21,416,634
4 37,169,366 0 37,169,366 17,699,698 19,469,668 3,716,937 3,716,937 21,416,634
5 19,469,668 0 19,469,668 19,469,668 0 1,946,967 1,946,967 21,416,634
6 0 0 0 0 0 0 0 0
7 0 0 0 0 0 0 0 0
8 0 0 0 0 0 0 0 0
9 0 0 0 0 0 0 0 0
10 0 0 0 0 0 0 0 0
11 0 0 0 0 0 0 0 0
12 0 0 0 0 0 0 0 0
13 0 0 0 0 0 0 0 0
14 0 0 0 0 0 0 0 0
15 0 0 0 0 0 0 0 0
16 0 0 0 0 0 0 0 0
17 0 0 0 0 0 0 0 0

Loan Schedule
Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Loan 31,642,110 53,260,000 53,260,000 37,169,366 19,469,668 0 0
Interest 3,164,211 4,453,615 5,326,000 3,716,937 1,946,967 0 0
Repayment of Loan 0 0 16,090,634 17,699,698 19,469,668 0 0
Debt Schedule- Part 2

Year Opening balance Interest Principal repayment Total repayment Closing Balance
1 31,642,110.27 3,164,211.03 9,559,549.93 12,723,760.96 22,082,560.34
2 22,082,560.34 2,208,256.03 10,515,504.92 12,723,760.96 11,567,055.41
3 11,567,055.41 1,156,705.54 11,567,055.41 12,723,760.96 0.00
4 0.00 0.00 0.00 0.00 0.00 Year 1
5 0.00 0.00 0.00 0.00 0.00 Loan Amount 31,642,110.27
6 0.00 0.00 0.00 0.00 0.00 No. of Year 3
7 0.00 0.00 0.00 0.00 0.00 1st tranch disbursment 59%
8 0.00 0.00 0.00 0.00 0.00
9 0.00 0.00 0.00 0.00 0.00
10 0.00 0.00 0.00 0.00 0.00
11 0.00 0.00 0.00 0.00 0.00
12 0.00 0.00 0.00 0.00 0.00
13 0.00 0.00 0.00 0.00 0.00
14 0.00 0.00 0.00 0.00 0.00
15 0.00 0.00 0.00 0.00 0.00

year Opening balance Interest Principal repayment Total repayment Closing Balance
1 21,617,889.73 2,161,788.97 6,531,084.51 8,692,873.49 15,086,805.22 Year 2
2 15,086,805.22 1,508,680.52 7,184,192.96 8,692,873.49 7,902,612.26 Loan Amount 21,617,889.73
3 7,902,612.26 790,261.23 7,902,612.26 8,692,873.49 0.00 No. of Year 3
4 0.00 0.00 0.00 0.00 0.00 2nd tranch disbursmen 41%
5 0.00 0.00 0.00 0.00 0.00
6 0.00 0.00 0.00 0.00 0.00
7 0.00 0.00 0.00 0.00 0.00
8 0.00 0.00 0.00 0.00 0.00
9 0.00 0.00 0.00 0.00 0.00
10 0.00 0.00 0.00 0.00 0.00
11 0.00 0.00 0.00 0.00 0.00
12 0.00 0.00 0.00 0.00 0.00
13 0.00 0.00 0.00 0.00 0.00
14 0.00 0.00 0.00 0.00 0.00
15 0.00 0.00 0.00 0.00 0.00