DETAILS OF CAPITAL EXPENDITURES

Amount
A. BUILDINGS AND SITE DEVELOPMENT UNIT UNIT/RS QUANTITY (Rs. In Lacs)
Land owned
Site development
1.58
Construction of shed and godown (10000 square ft ) No 400 10000 40.00
Installation cost of plant and machinery LS Sq.Ft 250000 1 2.50
Shed for machinery storage (60’x50’x20’) No 400 6000 24.00
Construction of Office Area Sq.Ft 1200 1200 14.40
Water storage and distribution LS 2.15
Electronic connection and Transfer Deposit to MPEB and fittings LS
charges 1.85
Chain Link Fencing for compound 4000 R Ft @ Rs. 120 per R Ft. 6 Ft . Running Ft. 142 4000
Height 5.68
Contigencies LS 2.75
Labour Quarters LS 3.85
Office Equipments :- Computer, Printer Etc. LS 0.65
Office Furniture and Chaires ETC LS 1.20
A. Total Cost of Buildings and Site Development 100.61
 Amount
B. PLANT & MACHINERY UNIT UNIT/RS QUANTITY (Rs. In Lacs)

Bailing Unit (120-150 mt) – one no. mini silage bailer No 2015000 1 20.15
Harvester one no. No 1395000 1 13.95
Power operated chaff cutter No 250588 1 2.51
Tractor 80- 90 HP No 1910000 1 19.10
Mounted Trolley- ( Big Size) No 438900 1 4.39

B. Total cost of Plant & Machinery 60.09

Amount
C. PRE - OPERATIVE EXPENSES UNIT UNIT/RS QUANTITY (Rs. In Lacs)

Professional & Legal Fees 0.84

Mortgage Expenses 0.95
Upfront Fee & Processing Fees 1.00
Interest During Implementation 0.87
Miscellaneous Expenses 1.32
Travelling Expenses 0.32

C. Total Pre - Operative Expenses 5.30

Amount
D. Working capital (Ist year requirement) UNIT UNIT/RS QUANTITY (Rs. In Lacs)
Fodder cultivation Through Contract farming Acre/season 250 5000 12.50
Buying of Straw Tons 500 2000 10.00
Diesel for first 2 Months for Tractor Liter 5000 98 4.90
inoculant Liter 100000 2 2.00
Wages of labour per annum Per labour 72000 3 2.16
Insurance % LS 1.20
Miscellaneous Expinditure LS 1.00
Electricity and water supply 1.00
Transport charges 1.98
Silage Packaging Material -Film 20000 191 10000 19.10
D. Total Working Capital 55.84

TOTAL PROJECT COST (A+B+C+D)

221.84

Note- The list given here for the Implements is indicative, it may be change because of any new technology and innovation introduce
by any of the company or due to any other factors comes in our knowledge . But the project cost will not affect due to this change .
 Project Report of M/s Arnavi AgroFin & Infra Service

PROJECT COST AND MEANS OF FINANCE ARE BRIEFED BELOW

S. No. Particulars Amount

(Rs. In Lacs)

Investments
1 Land owned -
2 Buildings and Site Development 100.61
3 Plant & Machinery 60.09
4 Preoperative Expenses 5.30
5 Working capital (Ist year requirement) 55.84

Total Project Cost 221.84

Means of Finance

1 Proprietor's Capital 11 % 24.40

74.40

3 Capital Subsidy Rs. 50 Lakh 50.00

3 Unsecured Loan -
4 Term Loan 147.44

Total Sources of Finance 221.84

Term Loan Including Rs. 50.00 ( Fifty Lakh ) Capital Subsidy back ended)

DEBT EQUITY RATIO 6.04

PROPRIETOR'S CONTRIBUTION 20.00%

TERM LOAN TO COST OF PROJECT 66.00%

DSCR
 Project Report of M/s Arnavi AgroFin & Infra Service

CAPACITY AND PRODUCTION ( Silage Production for 2 seasons)

Particulars Units 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Capacity Tons 1,500 1,500 1,500 1,500 1,500 1,500 1,500
Kilograms per Bale KG 80 80 80 80 80 80 80
Capacity (No. of Bags) No. 18,750 18,750 18,750 18,750 18,750 18,750 18,750
Sales Price of Silage per Ton(MT) Rs. 5,500 5,775 6,064 6,367 6,685 7,020 7,371
No. Of Occupied Months per annum No. 10 10 10 10 10 10 10
No. Of Months per annum No. No. No. No. No. No. No. No.
Total Production in Tons Tons 1500.00 1500.00 1500.00 1500.00 1500.00 1500.00 1500.00

Cost of Production
S. No Operating Costs Cost per MT
1 Purchase of Coop 2100
2 Harvesting 300
3 Internal transportation (rented tractors) 200
4 Baling with Mini Silage Bale (using Electricity oil Diesel Genet) 150
5 Inoculation 100
6 Wrapping Film (6 layered) 800
7 Labium Charges 250
8 Machinery Maintenance cost 30
9 Wastages & Moisture Loss 100
10 Diesel 250
Total Cost of Production per MT 4280
 Project Report of M/s Arnavi AgroFin & Infra Service
PROJECTED STATEMENT OF PROFITABILITY

Description Units 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

INCOME
INCOME FROM SILAGE UNIT Lacs 18.30 22.05 25.80 29.55 29.55 29.55 29.55
INCOME STRAW BALE MAKING UNIT Lacs 20.30 20.30 20.30 20.30 20.30 20.30 20.30

(A) Net Realisation Lacs 38.60 42.35 46.10 49.85 49.85 49.85 49.85

LESS: COST OF SERVICE

Power Expenses Lacs 0.53 0.53 0.55 0.58 0.61 0.64 0.67
Administration Expenses Lacs 1.69 1.48 1.31 1.17 1.04 0.92 0.82
Administration Salary Lacs 3.36 2.40 2.52 2.65 2.78 2.92 3.06
Consumables (2% of Gross Rs. In
Rental receipts) Lacs 2.20 0.77 0.85 0.92 1.00 1.00 1.00
Repairs & Maintenance Lacs 2.55 2.21 2.21 2.21 2.21 2.21 2.21
Depreciation Lacs 19.61 17.19 15.09 13.26 11.65 10.25 9.03
Interest on Term Loan Lacs 3.70 3.70 2.95 2.28 1.60 0.93 0.26

Net Profit Before Tax Lacs 4.96 14.07 20.62 26.80 28.96 30.98 32.81

Less: Income Tax Lacs - - - - - - 6.97

Net Profit After Tax Lacs 4.96 14.07 20.62 26.80 28.96 24.01 32.81

Net Profit (%) Sales 12.86% 33.22% 44.73% 53.75% 58.10% 48.17% 65.81%

Retained Profit Lacs 4.96 14.07 20.62 26.80 28.96 24.01 32.81
Add: Depreciation Lacs 17.19 15.09 13.26 11.65 10.25 9.03 -
Net Cash Profits Lacs 22.16 29.16 33.88 38.45 39.22 33.04 32.81
 SCHEDULE OF INCOMES
INCOME FROM SILAGE UNIT Units 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Capacity in Tons Tons 1,500 1,500 1,500 1,500 1,500 1,500 1,500
Capacity Utilisation in Tons No. 1,500 1,500 1,500 1,500 1,500 1,500 1,500
Selling Price Per Ton Rs. 5,500 5,750 6,000 6,250 6,250 6,250 6,250
Less : Production Cost per Ton Rs. 4,280 4,280 4,280 4,280 4,280 4,280 4,280
Cost Per Ton 1,220 1,470 1,720 1,970 1,970 1,970 1,970
Total Income Lacs 18.30 22.05 25.80 29.55 29.55 29.55 29.55

INCOME STRAW BALE MAKING Units 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Capacity in Tons Tons 350 350 350 350 350 350 350
Rate Per Ton Rs. 5,800 5,800 5,800 5,800 5,800 5,800 5,800

Lacs 20.30 20.30 20.30 20.30 20.30 20.30 20.30

 SCHEDULES OF EXPENDITURES

POWER Units 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Power Connection KVA 5 5 5 5 5 5 5
Power Factor % 50% 50% 50% 50% 50% 50% 50%
Running Power Load KW 2.50 2.50 2.50 2.50 2.50 2.50 2.50
No of Working Hours Per Day No. 10.00 10.00 10.00 10.00 10.00 10.00 10.00
No. Of Units Per Day KWH 25 25 25 25 25 25 25
No. Of days in a year days 300 300 300 300 300 300 300
No. Of units required per annum KWH 7,500 7,500 7,500 7,500 7,500 7,500 7,500
Power Tariff KWH 7.00 7.00 7.35 7.72 8.10 8.51 8.93

Total Power Cost Lacs 0.53 0.53 0.55 0.58 0.61 0.64 0.67

Administration Expenses Units 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Administrative Expenses
Office Expenses Lacs 0.02 0.00 0.00 0.01 0.01 0.01 0.01
Travelling & Conveyance Expenses Lacs 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Miscellaneous Expenses Lacs 0.02 0.00 0.00 0.01 0.01 0.01 0.01
Professional & Legal Expenses Lacs 0.04 0.01 0.01 0.01 0.01 0.01 0.01
Insurance Lacs 1.61 1.46 1.29 1.14 1.01 0.89 0.79

Total Administrative Expenses Lacs 1.69 1.48 1.31 1.17 1.04 0.92 0.82
Aministration Salary Units 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
No. Of person Required
Godown Keeper Nos. 1 1 1 1 1 1 1
Peon/ Watchmen Nos. 1 1 1 1 1 1 1

Salary of Each Person Per Month

Godown Keeper Person 12000 12000 12600 13230 13892 14586 15315
Peon/ Watchmen Person 8000 8000 8400 8820 9261 9724 10210

Salary Per Annum

Godown Keeper Lacs 1.44 1.44 1.51 1.59 1.67 1.75 1.84
Peon/ Watchmen Lacs 1.92 0.96 1.01 1.06 1.11 1.17 1.23

Total Administration Salary Lacs 3.36 2.40 2.52 2.65 2.78 2.92 3.06

REPAIRS AND Production Cost Units 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Buildings & Site Development) - 1% of Rs. In

total cost Lacs 1.01 1.01 1.01 1.01 1.01 1.01 1.01
Plant & Machinery 2% of total cost Lacs 1.55 1.20 1.20 1.20 1.20 1.20 1.20

Total Cost of Repair & Maintenance Lacs 2.55 2.21 2.21 2.21 2.21 2.21 2.21
 Project Report of M/s Arnavi AgroFin & Infra Service

(Rs. In Lacs)
Cost of Fixed
Assets
(including Depreciation
DEPRECIATION contingency) Rate 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Land owned - 10% - - - - - - -

Building & Site
Development 100.61 10% 10.06 9.05 8.15 7.33 6.60 5.94 5.35
Preoperative Expenses 5.30 10% 0.53 0.48 0.43 0.39 0.35 0.31 0.28
Plant & Machinery 60.09 15% 9.01 7.66 6.51 5.54 4.71 4.00 3.40

Total Depreciation for

the Year 166.00 19.61 17.19 15.09 13.26 11.65 10.25 9.03
 Project Report of M/s Arnavi AgroFin & Infra Service

PROJECTED CASH FLOW STATEMENT

(Rs. In Lacs)
Description Pre-operative
Period 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Opening Balance - (20.93) (24.00) (32.36) (36.14) (43.84) (52.72)

INFLOW
Term Loan From Bank 147.44 - - - - - - -
Own Funds 24.40 - - - - - - -
Net Cash Profits - 22.16 29.16 33.88 38.45 39.22 33.04 32.81
Increase in Other Current Liabilities - 0.20 - - - - - -

Total Inflow 171.84 22.36 29.16 33.88 38.45 39.22 33.04 32.81

OUTFLOW
Addition in Fixed Assets 166.00 - - - - - - -
Increase in Sundry Debtors - 1.53 0.31 0.31 0.31 - - -
Increase in Advance to Farmers 1.00 15.00 25.00 25.00 30.00 25.00 35.00
Increase in Other Current Assets - 0.25 - - - - - -
Repayment of Term Loan Installment - 40.51 16.92 16.92 16.92 16.92 16.92 12.69

Total Outflow 166.00 43.29 32.23 42.23 42.23 46.92 41.92 47.69

Cash & Bank Balances - Closing Balance 5.84 (20.93) (24.00) (32.36) (36.14) (43.84) (52.72) (67.61)
 PROJECTED BALANCE SHEET
(Rs. In Lacs)
Particulars 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 #REF! 2028-2029
LIABILITIES
Current Liabilities
Other Current Liabilities - 0.20 0.20 0.20 0.20 0.20 0.20 0.20
Installment of Loan Repayable 40.51 16.92 16.92 16.92 16.92 16.92 12.69 -
Within One Year
Total Current Liabilities 40.51 17.12 17.12 17.12 17.12 17.12 12.89 0.20

Term Liabilities
Term Loan 81.93 65.01 48.09 31.17 14.25 (2.67) (15.36) -

Total Term Liabilities 81.93 65.01 48.09 31.17 14.25 (2.67) (15.36) -

Total Outside Liabilities 122.44 82.13 65.21 48.29 31.37 14.45 (2.47) 0.20

Proprietor's Fund
Proprietor's Capital 24.40 24.40 24.40 24.40 24.40 24.40 24.40 24.40
Profit & Loss A/c Balance 4.96 9.92 23.99 44.61 71.41 100.37 124.39 157.19

Net Worth 29.37 34.33 48.40 69.02 95.81 124.78 148.79 181.59

Total Liabilities 151.81 116.46 113.61 117.31 127.18 139.23 146.32 181.79

ASSETS
Fixed Assets
Gross Block 166.00 166.00 166.00 166.00 166.00 166.00 166.00 166.00
Less: Depreciation - 19.61 36.80 51.89 65.15 76.80 87.06 96.08
Net Block 166.00 146.40 129.21 114.11 100.86 89.20 78.95 69.92

Current Assets
Cash & Bank Balances (14.20) (36.71) (37.68) (44.21) (46.39) (52.69) (60.34) (50.84)
Sundry Debtors 1.53 1.84 2.15 2.46 2.46 2.46 2.46
Advance To Farmers 5.00 20.00 45.00 70.00 100.00 125.00 160.00
Other Current Assets 0.25 0.25 0.25 0.25 0.25 0.25 0.25

Total Current Assets (14.20) (29.94) (15.60) 3.19 26.33 50.02 67.37 111.87

Total Assets 151.81 116.46 113.61 117.31 127.18 139.23 146.32 181.79
 INTEREST COVERAGE RATIO

Description Units 2022-23 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Net Profit Before Tax Rs. In Lacs #REF! 4.96 14.07 20.62 26.80 28.96 30.98 32.81

Depreciation Rs. In Lacs #REF! 17.19 15.09 13.26 11.65 10.25 9.03 #REF!

Interest Rs. In Lacs #REF! 3.70 2.95 2.28 1.60 0.93 0.26 0.50

PBIDT Rs. In Lacs #REF! 25.86 32.11 36.15 40.05 40.15 40.27 #REF!

Interest Coverage Ratio Times 6.99 10.89 15.88 24.98 43.13 155.93 #REF!

Average Interest Coverage Ratio Times #REF!

DEBT SERVICE COVERAGE RATIO

Description Units 2022-23 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

DEBT SERVICING FUND

i) Net Cash Accrual Rs. In Lacs - 22.16 29.16 33.88 38.45 39.22 33.04 32.81
ii) Interest on Term Loan Rs. In Lacs - 3.70 2.95 2.28 1.60 0.93 0.26 -
Total - A Rs. In Lacs - 25.86 32.11 36.15 40.05 40.15 33.30 32.81

DEBTS
i) Repayment of Term Loan Rs. In Lacs - 40.51 16.92 16.92 16.92 16.92 16.92 12.69
ii) Interest on Term Loan Rs. In Lacs - 3.70 2.95 2.28 1.60 0.93 0.26 -
Total - B Rs. In Lacs - 44.21 19.87 19.20 18.52 17.85 17.18 12.69

Debt Service Coverage Ratio Times 0.58 1.62 1.88 2.16 2.25 1.94 2.59

Average Debt Service Coverage Ratio Times 1.61

 TOTAL OUTSIDE LIABILITIES/ TOTAL NET WORTH

Description Units 2022-23 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Term Loan Rs. In Lacs 122.44 81.93 65.01 48.09 31.17 14.25 (2.67) -
Other Current Liabilities Rs. In Lacs - 0.20 0.20 0.20 0.20 0.20 0.20 0.20

Total Outside Liabilities (A) Rs. In Lacs 122.44 82.13 65.21 48.29 31.37 14.45 (2.47) 0.20

Fixed Capital Rs. In Lacs 24.40 24.40 24.40 24.40 24.40 24.40 24.40 24.40
Profit & Loss A/c Balance Rs. In Lacs 4.96 9.92 23.99 44.61 71.41 100.37 124.39 157.19

Total Net Worth (B) Rs. In Lacs 29.37 34.33 48.40 69.02 95.81 124.78 148.79 181.59

TOL/TNW Times 4.17 2.39 1.35 0.70 0.33 0.12 (0.02) 0.00

CURRENT RATIO

Description Units 2022-23 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Current Assets
Cash & Bank Balances Rs. In Lacs (14.20) (36.71) (37.68) (44.21) (46.39) (52.69) (60.34) (50.84)
Sundry Debtors Rs. In Lacs - 1.53 1.84 2.15 2.46 2.46 2.46 2.46
Advance To Farmers Rs. In Lacs - 5.00 20.00 45.00 70.00 100.00 125.00 160.00
Other Current Assets Rs. In Lacs - 0.25 0.25 0.25 0.25 0.25 0.25 0.25

Total of Current Assets (A) Rs. In Lacs (14.20) (29.94) (15.60) 3.19 26.33 50.02 67.37 111.87

Current Liabilities
Other Current Liabilities Rs. In Lacs - 0.20 0.20 0.20 0.20 0.20 0.20 0.20
Installment of Loan Repayable Rs. In Lacs 40.51 16.92 16.92 16.92 16.92 16.92 12.69 -

Total of Current Liabilities (B) Rs. In Lacs 40.51 17.12 17.12 17.12 17.12 17.12 12.89 0.20

Current Ratio (A/B) Times (0.35) (1.75) (0.91) 0.19 1.54 2.92 5.23 559.36
 SECURITY COVER

Description Units 2022-23 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Net Block of Fixed Assets Rs. In Lacs 166.00 146.40 129.21 114.11 100.86 89.20 78.95 69.92

Outstanding Term Loan Rs. In Lacs 122.44 81.93 65.01 48.09 31.17 14.25 (2.67) -

Margin Available Rs. In Lacs 43.56 64.47 64.19 66.02 69.69 74.95 81.62 69.92

Security Cover (%) Percentage 26.24% 44.04% 49.68% 57.86% 69.09% 84.02% 103.38% 100.00%

Average Security Cover Percentage 72.58%

RETURN ON INVESTMENT

Description Units 2022-23 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29

Initial Investment Rs. In Lacs 221.84 221.84 221.84 221.84 221.84 221.84 221.84 221.84

Accruals Rs. In Lacs - 4.96 14.07 20.62 26.80 28.96 24.01 32.81

Total Investment Rs. In Lacs 221.84 226.81 235.91 242.46 248.64 250.81 245.86 254.65

Profit Earned During the Year Rs. In Lacs - 4.96 14.07 20.62 26.80 28.96 24.01 32.81

ROI (%) Percentage 0.00% 2.19% 5.96% 8.50% 10.78% 11.55% 9.77% 12.88%

Cash Profits Earned During the Year Rs. In Lacs - 22.16 29.16 33.88 38.45 39.22 33.04 32.81

0.00% 9.77% 12.36% 13.97% 15.46% 15.64% 13.44% 12.88%

ROI (%) - Based on Cash Profit Earned Percentage

Own Funds Rs. In Lacs 24.40 24.40 24.40 24.40 24.40 24.40 24.40 24.40

ROE (%) - Based on Cash Profits Percentage 0.00% 90.79% 119.50% 138.82% 157.56% 160.70% 135.40% 134.44%
 BREAK EVEN ANALYSIS

Description Units 2022-23 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Capacity Utilisation % 100% 100% 100% 100% 100% 100% 100% 100%

Fixed Expenses
Administration Expenses Rs. In Lacs #REF! 1.48 1.31 1.17 1.04 0.92 0.82 0.88
Admin Salary Rs. In Lacs #REF! 2.40 2.52 2.65 2.78 2.92 3.06 8.10
Interest on Term Loan Rs. In Lacs #REF! 3.70 2.95 2.28 1.60 0.93 0.26 0.98

Total (A) Rs. In Lacs #REF! 7.58 6.78 6.09 5.42 4.77 4.14 9.96

Sales Revenue (B) Rs. In Lacs #REF! 38.60 42.35 46.10 49.85 49.85 49.85 49.85

Variable Cost of Sales

Power Rs. In Lacs #REF! 0.53 0.53 0.55 0.58 0.61 0.64 0.67
Consumables Rs. In Lacs #REF! 0.77 0.85 0.92 1.00 1.00 1.00 0.88
Repairs & Mintenance Rs. In Lacs #REF! 2.21 2.21 2.21 2.21 2.21 2.21 2.55
Depreciation Rs. In Lacs #REF! 17.19 15.09 13.26 11.65 10.25 9.03 11.20

Total (C) Rs. In Lacs #REF! 20.70 18.67 16.94 15.44 14.07 12.87 15.30

Consideration (B - C) Rs. In Lacs #REF! 17.90 23.68 29.16 34.41 35.78 36.98 34.55

Break Even Point in Terms of Efficiency % #REF! 42.35% 28.64% 20.88% 15.75% 13.33% 11.20% 28.83%

Break Even Point in Terms of Capacity % #REF! 42.35% 28.64% 20.88% 15.75% 13.33% 11.20% 28.83%

Cash Break Even Point % #REF! 21.60% 17.49% 14.35% 11.77% 10.36% 9.00% 21.77%
 INTERNAL RATE OF RETURN

Year Net Profit Depreciation Gross Inflow OutFlow Net Inflow

1 - - - 221.84 (221.84)
2 4.96 19.61 24.57 - 24.57
3 14.07 17.19 31.26 - 31.26
4 20.62 15.09 35.71 - 35.71
5 26.80 13.26 40.05 - 40.05
6 28.96 11.65 40.62 - 40.62
7 24.01 10.25 34.27 - 34.27
8 32.81 13.26 46.06 - 46.06
9 30.88 - 30.88 - 30.88
10 30.88 - 30.88 - 30.88
11 30.88 - 30.88 - 30.88
12 30.88 - 30.88 - 30.88
13 30.88 - 30.88 - 30.88
14 30.88 - 30.88 - 30.88
15 30.88 - 30.88 - 30.88
- - -
Internal Rate of Return 12.08%
 FINANCIAL ANALYSIS FOR 7 YEARS
Description 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Net Sales 38.60 42.35 46.10 49.85 49.85 49.85 49.85
Interest Cost 3.70 2.95 2.28 1.60 0.93 0.26 0.72
Depreciation 17.19 15.09 13.26 11.65 10.25 9.03 9.20
Net Profit 4.96 14.07 20.62 26.80 28.96 24.01 32.81
Net Profit / Sales (%) 12.86% 33.22% 44.73% 53.75% 58.10% 48.17% 65.81%
Net Cash Profit 22.16 29.16 33.88 38.45 39.22 33.04 32.81
PBIDT 25.86 32.11 36.15 40.05 40.15 40.27 #REF!
PBIDT / Sales (%) 66.98% 75.82% 78.42% 80.35% 80.54% 80.78% #REF!
Net Worth 34.33 48.40 69.02 95.81 124.78 148.79 181.59
Interst Coverage Ratio 6.99 10.89 15.88 24.98 43.13 155.93 #REF!
Debt Service Coverage Ratio 0.58 1.62 1.88 2.16 2.25 1.94 2.59
TOL/TNW 2.39 1.35 0.70 0.33 0.12 (0.02) 0.00
TTL/TNW 2.39 1.34 0.70 0.33 0.11 (0.02) -
Current Ratio (1.75) (0.91) 0.19 1.54 2.92 5.23 559.36
Security Coverage Ratio 44.04% 49.68% 57.86% 69.09% 84.02% 103.38% 100.00%
ROI (%) 2.19% 5.96% 8.50% 10.78% 11.55% 9.77% 12.88%
ROI (%) - Cash Profit Based 9.77% 12.36% 13.97% 15.46% 15.64% 13.44% 12.88%
ROE - Cash Profit Based 0.91 1.19 1.39 1.58 1.61 1.35 1.34
Break Even Point in Terms of
Efficiency 42.35% 28.64% 20.88% 15.75% 13.33% 11.20% 28.83%
Break Even Point in Terms of
Capacity 42.35% 28.64% 20.88% 15.75% 13.33% 11.20% 28.83%
Cash Break Even Point 21.60% 17.49% 14.35% 11.77% 10.36% 9.00% 21.77%
 LOAN DISBURSEMENT AND REPAYMENT SCHEDULE
(Rs. In Lacs)
S.No. Month Opening Interest Payment of Repayment Total Closing
Balance Disburse Interest of Principal Repayment Balance
ment
1 Jan-23 - 73.72 0.24 0.24 25.00 25.24 48.72
2 Feb-23 48.72 44.23 0.31 0.31 - 0.31 92.95
3 Mar-23 92.95 29.49 0.41 0.41 - 0.41 122.44
4 Apr-23 122.44 - 0.41 0.41 25.00 25.41 97.44
5 May-23 97.44 - 0.32 0.32 1.41 1.73 96.03
6 Jun-23 96.03 - 0.32 0.32 1.41 1.73 94.62
7 Jul-23 94.62 - 0.31 0.31 1.41 1.72 93.21
8 Aug-23 93.21 - 0.31 0.31 1.41 1.72 91.80
9 Sep-23 91.80 - 0.30 0.30 1.41 1.71 90.39
10 Oct-23 90.39 - 0.30 0.30 1.41 1.71 88.98
11 Nov-23 88.98 - 0.29 0.29 1.41 1.70 87.57
12 Dec-23 87.57 - 0.29 0.29 1.41 1.70 86.16
13 Jan-24 86.16 - 0.29 0.29 1.41 1.70 84.75
14 Feb-24 84.75 - 0.28 0.28 1.41 1.69 83.34
15 Mar-24 83.34 - 0.28 0.28 1.41 1.69 81.93
16 Apr-24 81.93 - 0.27 0.27 1.41 1.68 80.52
17 May-24 80.52 - 0.27 0.27 1.41 1.68 79.11
18 Jun-24 79.11 - 0.26 0.26 1.41 1.67 77.70
19 Jul-24 77.70 - 0.26 0.26 1.41 1.67 76.29
20 Aug-24 76.29 - 0.25 0.25 1.41 1.66 74.88
21 Sep-24 74.88 - 0.25 0.25 1.41 1.66 73.47
22 Oct-24 73.47 - 0.24 0.24 1.41 1.65 72.06
23 Nov-24 72.06 - 0.24 0.24 1.41 1.65 70.65
24 Dec-24 70.65 - 0.23 0.23 1.41 1.64 69.24
25 Jan-25 69.24 - 0.23 0.23 1.41 1.64 67.83
26 Feb-25 67.83 - 0.22 0.22 1.41 1.63 66.42
27 Mar-25 66.42 - 0.22 0.22 1.41 1.63 65.01
28 Apr-25 65.01 - 0.22 0.22 1.41 1.63 63.60
29 May-25 63.60 - 0.21 0.21 1.41 1.62 62.19
30 Jun-25 62.19 - 0.21 0.21 1.41 1.62 60.78
31 Jul-25 60.78 - 0.20 0.20 1.41 1.61 59.37
32 Aug-25 59.37 - 0.20 0.20 1.41 1.61 57.96
33 Sep-25 57.96 - 0.19 0.19 1.41 1.60 56.55
34 Oct-25 56.55 - 0.19 0.19 1.41 1.60 55.14
35 Nov-25 55.14 - 0.18 0.18 1.41 1.59 53.73
36 Dec-25 53.73 - 0.18 0.18 1.41 1.59 52.32
37 Jan-26 52.32 - 0.17 0.17 1.41 1.58 50.91
38 Feb-26 50.91 - 0.17 0.17 1.41 1.58 49.50
39 Mar-26 49.50 - 0.16 0.16 1.41 1.57 48.09
40 Apr-26 48.09 - 0.16 0.16 1.41 1.57 46.68
41 May-26 46.68 - 0.15 0.15 1.41 1.56 45.27
42 Jun-26 45.27 - 0.15 0.15 1.41 1.56 43.86
43 Jul-26 43.86 - 0.15 0.15 1.41 1.56 42.45
44 Aug-26 42.45 - 0.14 0.14 1.41 1.55 41.04
45 Sep-26 41.04 - 0.14 0.14 1.41 1.55 39.63
46 Oct-26 39.63 - 0.13 0.13 1.41 1.54 38.22
47 Nov-26 38.22 - 0.13 0.13 1.41 1.54 36.81
48 Dec-26 36.81 - 0.12 0.12 1.41 1.53 35.40
49 Jan-27 35.40 - 0.12 0.12 1.41 1.53 33.99
50 Feb-27 33.99 - 0.11 0.11 1.41 1.52 32.58
51 Mar-27 32.58 - 0.11 0.11 1.41 1.52 31.17
52 Apr-27 31.17 - 0.10 0.10 1.41 1.51 29.76
53 May-27 29.76 - 0.10 0.10 1.41 1.51 28.35
54 Jun-27 28.35 - 0.09 0.09 1.41 1.50 26.94
55 Jul-27 26.94 - 0.09 0.09 1.41 1.50 25.53
56 Aug-27 25.53 - 0.08 0.08 1.41 1.49 24.12
57 Sep-27 24.12 - 0.08 0.08 1.41 1.49 22.71
58 Oct-27 22.71 - 0.08 0.08 1.41 1.49 21.30
59 Nov-27 21.30 - 0.07 0.07 1.41 1.48 19.89
60 Dec-27 19.89 - 0.07 0.07 1.41 1.48 18.48
61 Jan-28 18.48 - 0.06 0.06 1.41 1.47 17.07
62 Feb-28 17.07 - 0.06 0.06 1.41 1.47 15.66
63 Mar-28 15.66 - 0.05 0.05 1.41 1.46 14.25
64 Apr-28 14.25 - 0.05 0.05 1.41 1.46 12.84
65 May-28 12.84 - 0.04 0.04 1.41 1.45 11.43
66 Jun-28 11.43 - 0.04 0.04 1.41 1.45 10.02
67 Jul-28 10.02 - 0.03 0.03 1.41 1.44 8.61
68 Aug-28 8.61 - 0.03 0.03 1.41 1.44 7.20
69 Sep-28 7.20 - 0.02 0.02 1.41 1.43 5.79
70 Oct-28 5.79 - 0.02 0.02 1.41 1.43 4.38
71 Nov-28 4.38 - 0.01 0.01 1.41 1.42 2.97
72 Dec-28 2.97 - 0.01 0.01 1.41 1.42 1.56
73 Jan-29 1.56 - 0.01 0.01 1.41 1.42 0.15
74 Feb-29 0.15 - 0.00 0.00 1.41 1.41 (1.26)
75 Mar-29 (1.26) - (0.00) (0.00) 1.41 1.41 (2.67)
76 Apr-29 (2.67) - (0.01) (0.01) 1.41 1.40 (4.08)
77 May-29 (4.08) - (0.01) (0.01) 1.41 1.40 (5.49)
78 Jun-29 (5.49) - (0.02) (0.02) 1.41 1.39 (6.90)
79 Jul-29 (6.90) - (0.02) (0.02) 1.41 1.39 (8.31)
80 Aug-29 (8.31) - (0.03) (0.03) 1.41 1.38 (9.72)
81 Sep-29 (9.72) - (0.03) (0.03) 1.41 1.38 (11.13)
82 Oct-29 (11.13) - (0.04) (0.04) 1.41 1.37 (12.54)
83 Nov-29 (12.54) - (0.04) (0.04) 1.41 1.37 (13.95)
84 Dec-29 (13.95) - (0.05) (0.05) 1.41 1.36 (15.36)

Total 147.44 12.43 12.43 162.80 175.23

 Viability Analysis
Unit in Rs 2022-23 2023-24 2024-25

Sales Price of Silage per Ton(MT) 5,500 5,750 6,000

Production for 2 seasons MT 1,500 1,500 1,500

8,250,000 8,625,000 9,000,000

Turnover

Direct Costs

MT 2,100.00 3,150,000 3,150,000 3,150,000

Crop cost per ton

Harvesting and Chopping (using single row MT 300.00 450,000 450,000 472,500
harvester)**
MT 100.00 150,000 150,000 157,500
Process Waste and Moisture Loss

MT 100.00 150,000 150,000 157,500

Inoculation

MT 200.00 300,000 300,000 315,000

Internal Transportation

MT 800.00 1,200,000 1,200,000 1,260,000

Wrapping film for baling

MT 250.00 375,000 375,000 397,500

Labour cost

MT 250.00 375,000 375,000 393,750

Diesel (tractors, DG-set, load-all)

Total Direct Costs 6,150,000.00 6,150,000.00 6,303,750.00

Operational profit 2,100,000.00 2,475,000.00 2,696,250.00

Indirect Costs
Operator salary 6 months 150,000.00 150,000.00 0.00 150,000.00

Spares and Maintenance Annual 50,000.00 50,000.00 50,000.00 52,500.00

Marketing & Administrative Expenditure Annual 200.00 300,000.00 300,000.00 300,000.00

Total Indirect Costs 500,000.00 350,000.00 502,500.00

Total Expenses 6,650,000.00 6,500,000.00 6,806,250.00

Gross Profit (PBDIT) 1,600,000.00 2,125,000.00 2,193,750.00

19% 25% 24%
2025-26 2026-27 2027-28 2028-29 2029-30

6,250 6,500 6,500 6,500 6,500

1,500 1,500 1,500 1,500 1,500

9,375,000 9,750,000 9,750,000 9,750,000 9,750,000

3,307,500 3,307,500 3,307,500 3,307,500 3,307,500

496,125 496,125 496,125 496,125 496,125

165,375 165,375 165,375 165,375 165,375

165,375 165,375 165,375 165,375 165,375

330,750 330,750 330,750 330,750 330,750

1,323,000 1,323,000 1,323,000 1,323,000 1,323,000

417,375 417,375 417,375 417,375 417,375

413,438 413,438 413,438 413,438 413,438

6,618,937.50 6,618,937.50 6,618,937.50 6,618,937.50 6,618,937.50

2,756,062.50 3,131,062.50 3,131,062.50 3,131,062.50 3,131,062.50

0.00 150,000.00 0.00 150,000.00 0.00

55,000.00 55,000.00 55,000.00 55,000.00 55,000.00
300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
355,000.00 505,000.00 355,000.00 505,000.00 355,000.00

6,973,937.50 7,123,937.50 6,973,937.50 7,123,937.50 6,973,937.50

2,401,062.50 2,626,062.50 2,776,062.50 2,626,062.50 2,776,062.50

26% 27% 28% 27% 28%