FOCAL SKILL DEVELOPMENT PRIVATE LIMITED

CIN-U74900PB2014PTC039089

Projected Balance Sheet

Audited Audited Audited Audited Audited Projected Projected

As at As at As at As at As at As at As at
Particulars
March 31, 2017 March 31, 2018 March 31, 2019 March 31, 2020 March 31, 2021 March 31, 2022 March 31, 2023

(Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.)

1 EQUITY AND LIABILITIES

Shareholders' Funds
Share Capital 100000.00 100000.00 100000.00 100000.00 100000.00 100000.00 100000.00
Reserves and Surplus 656646.00 1944976.88 5448748.26 7493782.40 8624800.71 12186597.00 14014586.55
756,646 2,044,977 5,548,748 7,593,782 8,724,801 12,286,597 14,114,587

2 Non - Current Liabilities

Long Term Borrowings
-Others 1584664.00 1884664.00 577545.59 227713.48 566839.48 1500000.00 1725000.00
1,584,664 1,884,664 577,546 227,713 566,839 1,500,000 1,725,000

3 Current Liabilities
Short Term Borrowings 224664.00 3820496.96 2322013.68 10000000.00 10000000.00
Trade Payables 536541.00 1142629.16 6801335.63 11054798.00 9612503.93 9500000.00 10925000.00
Other Current Liabilities 1057709.00 2140517.00 4358009.41 10566300.00 5415486.66 2000000.00 800000.00
Short Term Provisions 1773751.51 1643050.00 527800.00 580580.00 145145.00
1,594,250 3,283,146 13,157,761 27,084,645 17,877,804 22,080,580 21,870,145

TOTAL 3,935,560 7,212,787 19,284,054 34,906,141 27,169,444 35,867,177 37,709,732

ASSETS
1 Non - Current Assets
Fixed Assets
- Gross block 1278874.00 2221006.10 3199295.00 3857303.00 2964056.92 3000000.00 4560000.00
- Dep 289112.00 556331.45 812837.00 945246.00 905335.00 1100000.00 1265000.00
Net block 989762.00 1664674.65 2386458.00 2912057.00 2058721.92 1900000.00 3295000.00
Deffered Tax Asset 4655.00 4655.00 100558.67 345633.67 427683.67 391836.22 450611.65
Other Non-Current Assets 2867620.00 2882571.00 2500000.00 2500000.00
994,417 1,669,330 2,487,017 6,125,311 5,368,977 4,791,836 6,245,612
2 Current Assets
Trade Receivables 1334349.00 2702210.73 10585225.97 16707127.92 15254392.35 20000000.00 23000000.00
Cash Bank Balances and Deposits 1120944.00 628512.74 1808690.85 1121380.78 49941.69 500000.00 450000.00
Short Term Loans and Advances 485850.00 2212733.92 88322.10 100000.00 100070.00 2575340.77 1964120.00
Other Current Assets 4314798.84 10852321.82 6396063.83 8000000.00 6050000.00
2,941,143 5,543,457 16,797,038 28,780,831 21,800,468 31,075,341 31,464,120

TOTAL 3,935,560 7,212,787 19,284,054 34,906,141 27,169,444 35,867,177 37,709,732

FOCAL SKILL DEVELOPMENT PRIVATE LIMITED
CIN-U74900PB2014PTC039089

Projected Profitability statement

Audited Audited Audited Audited Audited Projected Projected

Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended
Particulars March 31, 2017 March 31, 2018 March 31, 2019 March 31, 2020 March 31, 2021 March 31, 2022 March 31, 2023
(Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.)

REVENUE
Revenue from Operations 12716556.00 31295651.83 40138157.24 50574666.24 24405656.57 55000000.00 63250000.00
Other Income 994.00 9312.04 142243.82 655758.99

Total Revenue 12717550.00 31304963.87 40138157.24 50716910.06 25061415.56 55000000.00 63250000.00

EXPENSES
Direct Expenses 643504.00 16631045.60 - - - - -
Employee Benefit Expenses 4181595.00 7596177.00 9185530.05 8571523.42 6589298.00 13750000.00 15812500.00
Interest and Finance Cost 4150.00 7959.40 46415.59 1292157.69 598687.40 1200000.00 1300000.00
Other Expenses 6937524.62 5067437.99 25358548.00 37117573.04 15596826.85 34550000.00 39812500.00
Depriciation and Amortization Expenses 158265.00 267220.00 812837.38 945246.77 905335.00 1100000.00 1265000.00

Total Expenses 11925038.62 29569839.99 35403331.02 47926500.92 23690147.25 50600000.00 58190000.00

Profit before Extraordinary Items and Tax 792511.38 1735123.88 4734826.22 2790409.14 1371268.31 4400000.00 5060000.00

Extraordinary Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Profit Before Tax 792511.38 1735123.88 4734826.22 2790409.14 1371268.31 4400000.00 5060000.00

Tax Expense
Current Tax 237450.00 446793.00 1326958.51 990450.00 322300.00 1320000.00 1518000.00
Deferred Tax -752.00 -95903.67 -245075.00 -82050.00 0.00 0.00
PAT 555813.38 1288330.88 3503771.38 2045034.14 1131018.31 3080000.00 3542000.00
FOCAL SKILL DEVELOPMENT PRIVATE LIMITED
CIN-U74900PB2014PTC039089

Cash Flow Statement

Audited Audited Audited Audited Provisional Projected Projected

Particulars 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
(Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.)
Cash Inflows

Cash Accruals 714078.38 1555550.88 4586398.00 6118750.00 7981250.00 10593750.00 15890625.00

Increase in capital 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Secured loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00
OD (Working Capital Loan) 0.00 0.00 0.00 10.00 20.00 20.00 2.40
Increase in creditors 536541.00 606088.16 5876738.37 1980632.47 2500000.00 2500000.00 3500000.00
Increase in other liabilities 513687.62 1082808.00 1971503.05 887979.95 1500000.00 1500000.00 2100000.00
0.00
Total 1764307.00 3244447.04 12434639.42 8987372.42 11981270.00 14593770.00 21490627.40

Cash Out Flows

Capital Expenditure 575471.50 942132.10 1503761.84 2275232.06 4000000.00 3500000.00 5075000.00

Increase in non current assets 752.00 0.00 0.00 0.00 0.00 0.00 0.00
Increase in stock 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Increase in debtors 225774.00 1367861.73 7693610.29 4104178.98 5800000.00 6200000.00 8990000.00
Increase in other current assets 456270.00 1726883.92 674634.96 1914432.13 4081250.00 2893750.00 4195937.50
Repayment of Secured loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Increase in loan & Advances 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 1258267.50 4036877.75 9872007.09 8293843.17 13881250.00 12593750.00 18260937.50

Opening Balance -766790.23 -260750.73 -1053181.44 1509450.89 2202980.15 303000.14 2303020.15

Surplus / Defecit 506039.50 -792430.71 2562632.33 693529.26 -1899980.00 2000020.00 3229689.90

Closing Balance -260750.73 -1053181.44 1509450.89 2202980.15 303000.14 2303020.15 5532710.04

PUNJAB NATIONAL BANK
COMPARATIVE ANALYSIS OF BALANCE SHEET
M/s Focal Skill Development Pvt Ltd

YEAR 31.03.17 31.03.18 31.03.19 31.03.20 31.03.21 31.03.22 31.03.23

Audited Audited Audited Audited Provisonal Projected Projected
(Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.) (Amt in Rs.)

Capital 100000.00 100000.00 100000.00 100000.00 100000.00 100000.00 100000.00

Share Application
Share Premium
Profit & Loss Account/Reserve 656646.00 1944976.88 5448748.26 7493782.40 8624800.71 12186597.00 14014586.55
Deferred Tax Liabilities
TOTAL 756646.00 2044976.88 5548748.26 7593782.40 8724800.71 12286597.00 14114586.55

Secured Loan - Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Term Loan
Commodity pledge Loan
Term Loan - Other FI's / Car Loan
Creditors for Capital Goods
Security from Customers
Unsecured Loan - Total 1584664.00 1884664.00 802209.59 1640000.00 1111000.00 1277650.00 1533180.00
Director 1584664.00 1884664.00 802209.59 1640000.00 1111000.00 1277650.00 1533180.00
Others
TOTAL LOANS 1584664.00 1884664.00 802209.59 1640000.00 1111000.00 1277650.00 1533180.00
TOTAL TERM LIABILITIES 2341310.00 3929640.88 6350957.85 9233782.40 9835800.71 13564247.00 15647766.55

CURRENT LIABILITIES
Bank OD 0.00 0.00 0.00 2000000.00 2000000.00 10000000.00 10000000.00
Sundry Creditors 536541.00 1142629.16 6801335.63 11054798.00 9612503.93 9500000.00 10925000.00
Advance from Customers
Expense Payable
Provisions
Tax Liability
Other Current Liabilities 1057709.00 2140517.00 6356424.92 12617560.44 5721139.82 2802930.00 1136965.00
TOTAL 1594250.00 3283146.16 13157760.55 25672358.44 17333643.75 22302930.00 22061965.00
TOTAL OUTSIDE LIABILITIES 3935560.00 7212787.04 19284055.40 34906140.84 27169444.46 35867177.00 37709731.55
GRAND TOTAL 3935560.00 7212787.04 19284055.40 34906140.84 27169444.46 35867177.00 37709731.55

Gross Fixed Assets 1278874.00 2221006.10 3199295.00 3857303.00 2964056.92 3000000.00 4560000.00
Depreciation 289112.00 556331.45 812837.00 945246.00 905335.00 1100000.00 1265000.00
Capital Work in Progress
Net Fixed Assets 989762.00 1664674.65 2386458.00 2912057.00 2058721.92 1900000.00 3295000.00

Non Current Assets

Deffered Tax Asset 4655.00 4655.00 100558.67 345633.67 427683.67 391836.22 450611.65
FDR & Security Deposits & Advances 0.00 0.00 0.00 2867620.00 2882571.00 2500000.00 2500000.00
Misc. Exp. Not W/off
Intangibles: Brand Equity/Trademark
Total Non Current Assets 4655.00 4655.00 100558.67 3213253.67 3310254.67 2891836.22 2950611.65

CURRENT ASSETS
Cash & Bank Balance 1120944.00 628512.74 1808690.85 1121380.78 49941.69 500000.00 450000.00
Stocks
Debtors - Total 1334349.00 2702210.73 10585225.97 16707127.92 15254392.35 20000000.00 23000000.00
Debtors > 6 months
Debtors < 6 months 1334349.00 2702210.73 10585225.97 16707127.92 15254392.35 20000000.00 23000000.00
Advance to Suppliers
Advance Tax
TDS, VAT, ST, Duties etc. 485850.00 2212733.92 4403120.94 10952321.82 6496133.83 9575341.77 6564121.00
Other Current Assets(Short Term Loans and Advances)
Total Current Assets 2941143.00 5543457.39 16797037.76 28780830.52 21800467.87 30075341.77 30014121.00

Total Assets 3935560.00 7212787.04 19284054.43 34906141.19 27169444.46 34867177.99 36259732.65

PUNJAB NATIONAL BANK
M/s Focal Skill Development Pvt Ltd
KEY FINANCIAL FIGURES

Particulars 31.03.17 31.03.18 31.03.19 31.03.20 31.03.21 31.03.22 31.03.23

Audited Audited Audited Audited Projected Projected Projected
Gross Sales 12716556.00 31295651.83 40138157.24 50574666.24 24405656.57 55000000.00 63250000.00
*Domestic 12716556.00 31295651.83 40138157.24 50574666.24 24405656.57 55000000.00 63250000.00
*Export 0.00 0.00 0.00 0.00 0.00 0.00 0.00
*Other Income (Operational) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
% Growth 0.00 146% 28% 26% -52% 125% 15%
Net Sales (Net of GST) 12716556.00 31295651.83 40138157.24 50574666.24 24405656.57 55000000.00 63250000.00
Other Income (Non Operational) 994.00 9312.04 0.00 142243.82 655758.99 0.00 0.00
Operating Profit 791517.38 1725811.84 4734826.22 2648165.32 715509.32 4400000.00 5060000.00
Profit Before Tax. 792511.38 1735123.88 4734826.22 2790409.14 1371268.31 4400000.00 5060000.00
Profit After Tax 555813.38 1288330.88 3503771.38 2045034.14 1131018.31 3080000.00 3542000.00
Depreciation 289112.00 556331.45 812837.00 945246.00 905335.00 1100000.00 1265000.00
Cash Profit 714078.00 1555550.88 4586398.00 6118750.00 7981250.00 10593750.00 10593750.00
PBIDTA / EBIDTA 950776.00 2002343.88 5990166.66 7925000.00 10275000.00 13525000.00 13525000.00
Paid Up Capital 100000.00 100000.00 100000.00 100000.00 100000.00 100000.00 100000.00
Share Premium 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Reserve & Surplus excluding revaluation reserve 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit & Loss Account/Reserve 656646.00 1944976.88 6156282.88 11575032.88 18456282.88 27250032.88 27250032.88
Misc. Exp. Not W/off 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Intangible Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax Liabilities/ Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tangible Net worth 756646.00 2044976.88 6256282.88 11675032.88 18556282.88 27350032.88 27350032.88

Investments in allied concerns and amount of cross holding 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Owned funds 756646.00 2044976.88 6256282.88 11675032.88 18556282.88 27350032.88 27350032.88
Unsecured Loans 1584664.00 1884664.00 802209.59 0.00 0.00 0.00 0.00
Total Borrowings 3178914.00 5167810.16 11933597.17 15000000.00 20000000.00 24000000.00 24000000.00
Secured 0.00 0.00 0.00 1000000.00 2000000.00 2000000.00 2000000.00
Unsecured 3178914.00 5167810.16 11933597.17 14000000.00 18000000.00 22000000.00 22000000.00
Total Investments including investment in allied concern 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Assets 3935560.00 7212787.04 19284054.43 34906141.19 27169444.46 34867177.99 36259732.65
Out of which net fixed assets 989762.00 1664674.65 2793344.36 4368576.42 6268576.42 7968576.42 7968576.42
Out of which current assets 2941143.00 5543457.39 15391880.27 22301801.00 32283051.00 43376801.00 43376801.00
Out of which non current assets 4655.00 4655.00 4655.00 4655.00 4655.00 4655.00 4655.00
Out of which Intangibles/Loss etc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Working Capital 1351548.00 2264966.23 4265148.11 7306456.46 12287706.46 19381456.46 19381456.46
Current Ratio 1.84 1.69 1.28 1.12 1.26 1.35 1.36
Debt Equity Ratio 2.09 0.92 0.14 0.22 0.13 0.10 0.11
Term Liability/Adjusted TNW 2.09 0.92 0.13 0.00 0.00 0.00 0.00
TOL/Adjusted TNW 4.20 2.53 1.91 1.28 1.08 0.88 0.88
Operating profit/Sales(%age) 6.23 5.54 13.99 13.76 13.59 13.79 13.79
TOL/TNW 4.20 2.53 1.91 1.28 1.08 0.88 0.88
Long Term sources 2341310.00 3929640.88 7058492.47 11675032.88 18556282.88 27350032.88 27350032.88
Long Term Uses 994417.00 1669329.65 2797999.36 4373231.42 6273231.42 7973231.42 7973231.42
Surplus/ Deficit 1346893.00 2260311.23 4260493.11 7301801.46 12283051.46 19376801.46 19376801.46
Short Term Sources 1594250.00 3283146.16 11131387.58 15000000.00 20000000.00 24000000.00 24000000.00
Short Term Uses 2941143.00 5543457.39 15391880.27 22301801.00 32283051.00 43376801.00 43376801.00
Surplus/ Deficit -1346893.00 -2260311.23 -4260492.69 -7301801.00 -12283051.00 -19376801.00 -19376801.00
Bank Interest 0.00 0.00 0.00 75000.00 200000.00 200000.00 200000.00
PUNJAB NATIONAL BANK
Fund Flow Statement
M/s Focal Skill Development Pvt Ltd

Audited Audited Audited Audited Projected Projected Projected

2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
1. S O U R C E S ;

a) Net Profit (after tax) 555813.38 1288330.88 3503771.38 2045034.14 1131018.31 3080000.00 3542000.00
b) Depreciation. 158265.00 267220.00 812837.38 945246.77 905335.00 1100000.00 1265000.00
c) Increase in capital 0.00 0.00 0.00 0.00 0.00 0.00 0.00

d) increase in Term Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00
(including Public deposits)
e) Decrease in
i) Fixed Assets. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ii) Other Non-Current Assets. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
f) Others.( Misc Exp W/off) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
g) T O T A L. 714078.38 1555550.88 4316608.76 2990280.91 2036353.31 4180000.00 4807000.00

2. U S E S

a) Net loss. 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b) Decrease in term liabilities. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
(including public deposits).
c) Increase in:
i) Fixed assets. 417206.33 674912.65 817687.02 3638294.00 -756334.08 -577140.37 1453775.43
ii) Other Non-current assets. 752.00 0.00 0.00 0.00 0.00 0.00 0.00
d) Dividend payments.(Drawings) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
e) Others. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
f) T O T A L. 417958.33 674912.65 1128669.71 1575232.06 1900000.00 1700000.00 1700000.00
3. Long Term surplus (+)/deficit(-) (1-2). 296120.05 880638.23 3457728.29 4543517.94 6081250.00 8893750.00 8893750.00
4. Increase/Decrease in current assets. 1188083.23 2602314.39 11253580.37 11983792.76 -6980362.65 9274872.90 388779.23
(as per details given below)
5. Increase/Decrease in Current liabilities 1050228.62 1688896.16 9874614.39 13926884.41 -9206840.69 4202775.73 -210435.00
other than Bank borrowings.
6. Increase/Decrease in Working Gap. 137854.61 913418.23 1378965.98 -1943091.65 2226478.04 5072097.17 599214.23

7. Net surplus (+)/Deficit(-)

(Difference of 3 and 6) 158265.44 -32780.00 2078762.31 6486609.59 3854771.96 3821652.83 8294535.77
8. Increase/Decrease in bank borrowings. 0.00 0.00 0.00 1000000.00 1000000.00 0.00 0.00
INCREASE/DECREASE IN NET SALES.
BREAK OF (4)
I) Decrease/Increase in Raw materials. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ii) Increase/Decrease in Stocks-in-process. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
iii) Increase/Decrease in Finished Goods. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
iv) Increase/Decrease in Receivables.
a) Domestic. 225774.00 1367861.73 7883015.24 6121901.95 -1452735.57 4745607.65 3000000.00
b) Export. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
v) Increase/Decrease in stores and spares. 0.00 0.00 0.00 0.00 0.00 0.00 0.00
vi) Increase/Decrease in other current assets. 962309.23 1234452.66 3370565.13 5861890.81 -5527627.08 4529265.25 -2611220.77