JV - DecodeAge & Champions

ANNEXURE - 1 ( Rupees in Lacs )

COST OF PROJECT AND MEANS OF FINANCE

Particulars Existing Proposed Total

Amount Amount Amount

COST OF PROJECT

Plant and Machineries

Imported Machineries-Main 25609.82 25609.82
Electrification , etc 1435.53 1435.53
Installation, Erection, etc 1435.53 1435.53

Computers, Printers, etc 574.21 574.21

Furniture & Fixtures 7177.64 7177.64
Other Misc. Assets 1091.00 1091.00

Preliminary & Pre-Operative Exp. 5742.11 5742.11

Provision for Contingencies 2871.06 2871.06

Total Capital Cost of Project 45936.90 45936.90

Margin Money for Working Capital
Total Cost of Project 45936.90 45936.90

MEANS OF FINANCE

Partners Capital
11484.22 11484.22
Total Partners Capital 11484.22 11484.22

Long/Medium Term Borrowings

Term Loan from Bank / FI 34452.68 34452.68
Total Long/Medium Term Borrowings 34452.68 34452.68

Total Means of Finance 45936.90 45936.90

JV - DecodeAge & Champions

ANNEXURE - 2
PHASED COST OF PROJECT AND MEANS OF FINANCE

Particulars Constr. Phased Phased Phased

Period Period Period Period

1st Year 2nd Year 3rd Year

COST OF PROJECT (PROPOSED)

Imported Machineries-Main 2384.00 2503.20 5256.72

Electrification , etc 100.00 105.00 220.50
Installation, Erection, etc 100.00 105.00 220.50

Computers, Printers, etc 40.00 42.00 88.20

Furniture & Fixtures 500.00 525.00 1102.50
Other Misc. Assets 76.00 79.80 167.58

Preliminary & Preoperative Exp

Provision for Contingencies

Margin Money - Working Capital

Total Capital Cost of Project 3200.00 3360.00 7056.00

MEANS OF FINANCE (PROPOSED)

Partners Capital
Main Promoters 800.00 840.00 1764.00
Other Contributions

Long/Medium Term Borrowings

Term Loan from Bank / FI 2400.00 2520.00 5292.00
Total Long/Medium Term Borrowings 2400.00 2520.00 5292.00

Total Means of Finance 3200.00 3360.00 7056.00

JV - DecodeAge & Champions

ANNEXURE - 3
PROFITABILITY AND NET CASH ACCRUALS

Particulars Operating Years

2024-25 2025-26 2026-27 2027-28

Revenue/Income/Realisation
Gross Sales Realisation 2000.00 4400.00 9680.00 21296.00
Less : Excise Duties/Levies
Net Sales Realisation 2000.00 4400.00 9680.00 21296.00
Total Revenue/Income/Realisation 2000.00 4400.00 9680.00 21296.00

Expenses/Cost of Products/Services/Items
Consumables & Other Overheads 192.00 403.20 846.72 1778.11
Admin & Staff Expenses 513.12 1077.55 2262.86 4752.00
Power/Electricity Expenses 192.00 403.20 846.72 1778.11
Depreciation 225.89 463.07 961.15 2007.12
Royalty & Other Charges 200.00 440.00 968.00 2129.60
Advertisement & Marketing Exp. 40.00 84.00 176.40 370.44
Cost of Output of Goods Sold 1363.01 2871.02 6061.85 12815.38

Gross Profit 636.99 1528.98 3618.15 8480.62

Financial Charges
Long/Medium Term Borrowing 224.29 425.50 849.76 1742.44
On Wkg. Capital Borrowings
Total Financial Charges 224.29 425.50 849.76 1742.44
Total Cost of Sales 1587.30 3296.52 6911.61 14557.82

Net Profit Before Taxes 412.70 1103.48 2768.39 6738.18

Tax on Profit 61.81 241.42 688.11 1813.17
Net Profit After Taxes 350.89 862.06 2080.28 4925.01
Depreciation Added Back 225.89 463.07 961.15 2007.12
Net Cash Accruals 576.78 1325.13 3041.43 6932.13
JV - DecodeAge & Champions

ANNEXURE - 4
ASSSESSEMENT OF WORKING CAPITAL REQUIREMENTS

Particulars Stk.Prd.
1st Year 2nd Year 3rd Year

CURRENT ASSETS
Stocks on Hand
Cash/Bank Balances
Other Current Assets
Misc.C/Assets-1
Gross Wkg. Capital

CURRENT LIABILITIES
Sundry Creditors
Consumables & Oth 1.00 1.00 1.00 M
Current Expenses 1.00 1.00 1.00 M
Other Current Liabilities
Instalments Due Within Nxt 12 M
on Long/Medium Term Borrowing
Total Current Liabilities

Net Wkg.Capital(Tot.CA - Tot.CL)

M.P.B.F. -Method I
As Per Tandon Com.Norm-Method II
Permissible Finance - D.P.(%age)
Total Bank Finance( DP Method )
Bank Finance( Turnover Method )
Bank Finance : As per DP Method
Margin Money : (At Commencement)
Margin Money:(incl.Cash/Bk. Bal)
% Margin Money - Net Wkg.Capital
Current Ratio (excl.instalments)
Current Ratio (incl.instalments)

JV - DecodeAge & Champions

ANNEXURE - 5
SOURCES AND DISPOSITION OF FUNDS

Particulars Constr. Operating Years

Period 2024-25 2025-26 2026-27

SOURCES OF FUNDS
Net Profit Before Tax
with Interest Charges
Added Back but after
Depreciation Provision 636.99 1528.98 3618.15
Partners Capital 800.00 840.00 1764.00
Depreciation 225.89 463.07 961.15
Incr.in Long/Medium Ter
Proposed-Term Loan fr 2400.00 2520.00 5292.00
Incr.in Cur.Liabilities 94.76 105.90 224.40

Total Sources of Fund 4157.64 5457.95 11859.70

DISPOSITIONS OF FUNDS
P & P Expenses
Incr.in Capital Expense 3200.00 3360.00 7056.00
Incr.in Current Assets 94.76 5.24
Decr.in Long/Medium Term
Proposed-Term Loan fr 342.86 702.86 1458.86
Interest/Financial Exp. 224.29 425.50 849.76
Taxes on Profit 61.81 241.42 688.11

Total Disposition 3923.72 4735.02 10052.73

Opening Balance 233.92 956.85

Net Surplus / Deficit 233.92 722.93 1806.97
Closing Balance 233.92 956.85 2763.82

JV - DecodeAge & Champions

ANNEXURE - 6
PROJECTED BALANCE SHEETS
 LIABILITIES Operating Years
2024-25 2025-26 2026-27 2027-28

Capital at the Begining 1150.89 2852.95 6697.23

Add : Net Profit After Taxes 350.89 862.06 2080.28 4925.01
Add : Additions to Capital 800.00 840.00 1764.00 3704.40
Capital at the End of the Year 1150.89 2852.95 6697.23 15326.64
Long/Medium Term Borrowings
Proposed-Term Loan from Bank / 2057.14 3874.28 7707.42 15774.16
Current Liabilities
Sundry Creditors 16.00 33.60 70.56 148.18
Other Current Liabilities 78.76 167.06 354.50 752.51
Total Current Liabilities 94.76 200.66 425.06 900.69

Total of Liabilities 3302.79 6927.89 14829.71 32001.49

ASSETS
Fixed Assets
Gross Block 3200.00 6560.00 13616.00 28433.60
Less : Depreciation to Date 225.89 688.96 1650.11 3657.23
Net Block 2974.11 5871.04 11965.89 24776.37
Current Assets
Stocks on Hand
Receivables
Cash and Bank Balances 233.92 956.85 2763.82 7125.12
Other Current Assets 94.76 100.00 100.00 100.00
Total Current Assets 328.68 1056.85 2863.82 7225.12

Total of Assets 3302.79 6927.89 14829.71 32001.49

JV - DecodeAge & Champions

ANNEXURE - 7A
PROJECTED BALANCE SHEETS (DETAILED)

Liabilities Operating Years

2024-25 2025-26 2026-27 2027-28
Capital at the Begining 1150.89 2852.95 6697.23
Add : Net Profit After Taxes 350.89 862.06 2080.28 4925.01
Add : Additions to Capital 800.00 840.00 1764.00 3704.40
Capital at the End of the Year 1150.89 2852.95 6697.23 15326.64
Long/Medium Term Borrowings
Proposed-Term Loan from Bank / 2057.14 3874.28 7707.42 15774.16
Current Liabilities
Sundry Creditors
Consumables & Other Overhea 16.00 33.60 70.56 148.18
Total Sundry Creditors 16.00 33.60 70.56 148.18
Other Current Liabilities
Creditors for Expenses 78.76 167.06 354.50 752.51
Total Other C/Liabilities 78.76 167.06 354.50 752.51
Total Current Liabilities 94.76 200.66 425.06 900.69

Total of Liabilities 3302.79 6927.89 14829.71 32001.49

ASSETS
Fixed Assets
Gross Block 3200.00 6560.00 13616.00 28433.60
Less : Depreciation to Date 225.89 688.96 1650.11 3657.23
Net Block 2974.11 5871.04 11965.89 24776.37
Current Assets
Stocks on Hand
Total - Inventories
Receivables
Total Receivables
Cash and Bank Balances 233.92 956.85 2763.82 7125.12
Other Current Assets
Current Expenses, etc
Misc.C/Assets-1 94.76 100.00 100.00 100.00
Total Other Current Assets 94.76 100.00 100.00 100.00
Total Current Assets 328.68 1056.85 2863.82 7225.12

Total of Assets 3302.79 6927.89 14829.71 32001.49

JV - DecodeAge & Champions

ANNEXURE - 8
PROFITABILITY RATIOS, DSCR, DEBT EQUITY, ETC.

Particulars Operating Years

2024-25 2025-26 2026-27

Profit Percentages to Net Sales

Gross Profit 636.99 1528.98 3618.15
% Of G.P. to Net Sales 31.85 34.75 37.38
P.B.I.D.T. 862.88 1992.05 4579.30
% Of PBIDT to Net Sales 43.14 45.27 47.31
Net Profit Before Taxes 412.70 1103.48 2768.39
% of N.P.B.T. To Net Sales 20.64 25.08 28.60
Net Profit After Taxes 350.89 862.06 2080.28
% of N.P.A.T. To Net Sales 17.54 19.59 21.49
Net Cash Accruals 576.78 1325.13 3041.43
% Of Cash Accruals to NSales 28.84 30.12 31.42

Debt Service Coverage Ratio

Funds Available to Service Debts
Net Profit After Taxes 350.89 862.06 2080.28
Depreciation Charges 225.89 463.07 961.15
Interest on Long/Medium Term 224.29 425.50 849.76
Total 801.07 1750.63 3891.19
Debt Service Obligations
Repayment of Long/Medium Ter 342.86 702.86 1458.86
Interest on Long/Medium Term 224.29 425.50 849.76
Total 567.15 1128.36 2308.62

D. S. C. R. (Individual) 1.41 1.55 1.69

D. S. C. R. (Cumulative) ..... 1.41 1.50 1.61
D. S. C. R. (Overall) ........ ........ ......... . 2.33

Indebtedness Ratios Initial

DEBT / EQUITY (Non Quasi) 0.00 1.79 1.36 1.15
DEBT / EQUITY ( Quasi ) 0.00 1.79 1.36 1.15
TOL / TNW (Non Quasi) 1.87 1.43 1.21
TOL / TNW ( Quasi ) 1.87 1.43 1.21
Assets Turnover Ratio (x) 0.61 0.64 0.65
Int.Coverage-PBIDT/Int. 3.85 4.68 5.39
ANNEXURE - 9
BREAK EVEN ANALYSIS

Particulars Operating Years

2024-25 2025-26 2026-27

BREAK EVEN ANALYSIS

Total Sales Value of Outp ut 2000.00 4400.00 9680.00
Other Operating Income
Total Operating Income 2000.00 4400.00 9680.00

Variable Cost & Expenses

Main Material Cost 100.00
Sales Commission/Exp. 100.00
Less:W.I.P. Adjustments
Total Variable Cost
Net Contribution (Basic) 2000.00 4400.00 9680.00
P V Ratio(%)(Basic) 100.00 100.00 100.00

Semi-Variable Expenses
(variable part)
Total Variable Cost
Net Contribution(General) 2000.00 4400.00 9680.00
P V Ratio(%)(General) 100.00 100.00 100.00

Fixed Expenses / Cost

Consumables & Other Ove 100.00 192.00 403.20 846.72
Admin & Staff Expenses 100.00 513.12 1077.55 2262.86
Power/Electricity Expen 100.00 192.00 403.20 846.72
Royalty & Other Charges 100.00 200.00 440.00 968.00
Advertisement & Marketi 100.00 40.00 84.00 176.40
Interest-Term Borrwings 100.00 224.29 425.50 849.76
Depreciation Charges 100.00 225.89 463.07 961.15
Deferred Expenses W/Off 100.00
Total Fixed Expenses 1587.30 3296.52 6911.61
Total Cash Fixed Exp. 1361.41 2833.45 5950.46

Cash Break Even Sales 1361.41 2833.45 5950.46

Cash Margin of Safety 638.59 1566.55 3729.54
Break Even Sales 1587.30 3296.52 6911.61
Margin of safety 412.70 1103.48 2768.39
At Maximum Utilisation : Year 5.00
(as % of Installed Capacity)
Cash B.E.P. : % 56.17
B.E.P. : % 65.03

ANNEXURE - 10
PRE-TAX/POST-TAX IRR AND PAY-BACK PERIOD

Particulars Operating Years

2024-25 2025-26 2026-27 2027-28

Post Tax INTERNAL RATE OF RETURN

IN-FLOW of Funds
Net Profit After Taxes 350.89 862.06 2080.28 4925.01
Added Back
Depreciation Charges 225.89 463.07 961.15 2007.12
P & P Expenses W/off
Interest Charges 224.29 425.50 849.76 1742.44
Revenue Inflow of Funds 801.07 1750.63 3891.19 8674.57
Residual Value-M/Money
Total Inflow of Funds 801.07 1750.63 3891.19 8674.57

OUT-FLOW of Funds
Capital Out-flow of Funds 3200.00 3360.00 7056.00 14817.60

Present Value (PV) Factor 0.00 0.00 0.00 0.00

Discounted Cash In-Flow
Discounted Cash Out-Flow

Pre Tax INTERNAL RATE OF RETURN

IN-FLOW of Funds
Net Profit Before Taxes 412.70 1103.48 2768.39 6738.18
Added Back
Depreciation Charges 225.89 463.07 961.15 2007.12
P & P Expenses W/off
Interest Charges 224.29 425.50 849.76 1742.44
Revenue Inflow of Funds 862.88 1992.05 4579.30 10487.74
 Residual Value-M/Money
Total Inflow of Funds 862.88 1992.05 4579.30 10487.74

OUT-FLOW of Funds
Capital Out-flow of Funds 3200.00 3360.00 7056.00 14817.60

Present Value(PV) Factor 0.00 0.00 0.00 0.00

Discounted Cash In-Flow
Discounted Cash Out-Flow

Un-Discounted
PAY BACK PERIOD :: 5 YEARS

ANNEXURE - 11
SENSITIVITY ANALYSIS - I

Particulars Operating Years

2024-25 2025-26 2026-27 2027-28

INCREASE IN SALES PRICES ::: By 2.00 %

Resultant - Sale Value(Sales) 2040.00 4488.00 9873.60 21721.92
Resultant - Gross Profit 676.99 1616.98 3811.75 8906.54
Resultant - N.P.B.T. 452.70 1191.48 2961.99 7164.10
Resultant - Tax on Profit 75.79 272.18 755.77 1962.01
Resultant - N.P.A.T. 376.91 919.30 2206.22 5202.09

Resultant - Funds available 827.09 1807.87 4017.13 8951.65

As such - Debt Obligations 567.15 1128.36 2308.62 4788.90
Resultant - DSCR (Individual) 1.46 1.60 1.74 1.87
Resultant - DSCR (cumulative) 1.46 1.55 1.66 1.77
Resultant - DSCR (overall) ........ ........ 2.41 ........

Resultant - Sale Value(Output) 2040.00 4488.00 9873.60 21721.92

As such - Variable Cost
Resultant - Nett Contribution 2040.00 4488.00 9873.60 21721.92
Resultant - PV Ratio (%age) 100.00 100.00 100.00 100.00
Resultant - Cash BEP Sales 1361.41 2833.45 5950.46 12550.70
Resultant - BEP Sales 1587.30 3296.52 6911.61 14557.82
 Resultant - Cash BEP % (Yr. 5) ........ ........ ........ ........
Resultant - BEP %age (Yr. 5) ........ ........ ........ ........
Resultant - DEBT EQUITY RATIO
- Unsecured Dep. as Equity 1.75 1.33 1.13 1.01
- Unsecured Dep. as Debt 1.75 1.33 1.13 1.01
Resultant - ROI (%age) 20.50 23.34 25.70 27.83
Resultant - RONW (%age) 19.32 24.89 26.07 27.33

DECREASE IN SALES PRICES ::: By 2.00 %

Resultant - Sale Value(Sales) 1960.00 4312.00 9486.40 20870.08
Resultant - Gross Profit 596.99 1440.98 3424.55 8054.70
Resultant - N.P.B.T. 372.70 1015.48 2574.79 6312.26
Resultant - Tax on Profit 47.83 210.67 620.46 1664.34
Resultant - N.P.A.T. 324.87 804.81 1954.33 4647.92

Resultant - Funds available 775.05 1693.38 3765.24 8397.48

As such - Debt Obligations 567.15 1128.36 2308.62 4788.90
Resultant - DSCR (Individual) 1.37 1.50 1.63 1.75
Resultant - DSCR (cumulative) 1.37 1.46 1.56 1.66
Resultant - DSCR (overall) ........ ........ 2.26 ........

Resultant - Sale Value(Output) 1960.00 4312.00 9486.40 20870.08

As such - Variable Cost
Resultant - Nett Contribution 1960.00 4312.00 9486.40 20870.08
Resultant - PV Ratio (%age) 100.00 100.00 100.00 100.00
Resultant - Cash BEP Sales 1361.41 2833.45 5950.46 12550.70
Resultant - BEP Sales 1587.30 3296.52 6911.61 14557.82
Resultant - Cash BEP % (Yr. 5) ........ ........ ........ ........
Resultant - BEP %age (Yr. 5) ........ ........ ........ ........
Resultant - DEBT EQUITY RATIO
- Unsecured Dep. as Equity 1.83 1.39 1.17 1.05
- Unsecured Dep. as Debt 1.83 1.39 1.17 1.05
Resultant - ROI (%age) 18.08 20.80 23.09 25.17
Resultant - RONW (%age) 16.65 21.79 23.10 24.42

ANNEXURE - 12
SENSITIVITY ANALYSIS - II

Particulars Operating Years

2024-25 2025-26 2026-27 2027-28
INCREASE IN SALES PRICES ::: By 4.00 %
Resultant - Sale Value(Sales) 2080.00 4576.00 10067.20 22147.84
Resultant - Gross Profit 716.99 1704.98 4005.35 9332.46
Resultant - N.P.B.T. 492.70 1279.48 3155.59 7590.02
Resultant - Tax on Profit 89.77 302.93 823.42 2110.84
Resultant - N.P.A.T. 402.93 976.55 2332.17 5479.18

Resultant - Funds available 853.11 1865.12 4143.08 9228.74

As such - Debt Obligations 567.15 1128.36 2308.62 4788.90
Resultant - DSCR (Individual) 1.50 1.65 1.79 1.93
Resultant - DSCR (cumulative) 1.50 1.60 1.71 1.83
Resultant - DSCR (overall) ........ ........ 2.48 ........

Resultant - Sale Value(Output) 2080.00 4576.00 10067.20 22147.84

As such - Variable Cost
Resultant - Nett Contribution 2080.00 4576.00 10067.20 22147.84
Resultant - PV Ratio (%age) 100.00 100.00 100.00 100.00
Resultant - Cash BEP Sales 1361.41 2833.45 5950.46 12550.70
Resultant - BEP Sales 1587.30 3296.52 6911.61 14557.82
Resultant - Cash BEP % (Yr. 5) ........ ........ ........ ........
Resultant - BEP %age (Yr. 5) ........ ........ ........ ........
Resultant - DEBT EQUITY RATIO
- Unsecured Dep. as Equity 1.71 1.31 1.11 0.99
- Unsecured Dep. as Debt 1.71 1.31 1.11 0.99
Resultant - ROI (%age) 21.71 24.61 27.01 29.16
Resultant - RONW (%age) 20.65 26.44 27.56 28.79

DECREASE IN SALES PRICES ::: By 4.00 %

Resultant - Sale Value(Sales) 1920.00 4224.00 9292.80 20444.16
Resultant - Gross Profit 556.99 1352.98 3230.95 7628.78
Resultant - N.P.B.T. 332.70 927.48 2381.19 5886.34
Resultant - Tax on Profit 33.86 179.92 552.81 1515.51
Resultant - N.P.A.T. 298.84 747.56 1828.38 4370.83

Resultant - Funds available 749.02 1636.13 3639.29 8120.39

As such - Debt Obligations 567.15 1128.36 2308.62 4788.90
Resultant - DSCR (Individual) 1.32 1.45 1.58 1.70
Resultant - DSCR (cumulative) 1.32 1.41 1.50 1.61
Resultant - DSCR (overall) ........ ........ 2.18 ........

Resultant - Sale Value(Output) 1920.00 4224.00 9292.80 20444.16

As such - Variable Cost
Resultant - Nett Contribution 1920.00 4224.00 9292.80 20444.16
Resultant - PV Ratio (%age) 100.00 100.00 100.00 100.00
 Resultant - Cash BEP Sales 1361.41 2833.45 5950.46 12550.70
Resultant - BEP Sales 1587.30 3296.52 6911.61 14557.82
Resultant - Cash BEP % (Yr. 5) ........ ........ ........ ........
Resultant - BEP %age (Yr. 5) ........ ........ ........ ........
Resultant - DEBT EQUITY RATIO
- Unsecured Dep. as Equity 1.87 1.41 1.20 1.07
- Unsecured Dep. as Debt 1.87 1.41 1.20 1.07
Resultant - ROI (%age) 16.86 19.53 21.79 23.84
Resultant - RONW (%age) 15.32 20.24 21.61 22.97

ANNEXURE - 13
SENSITIVITY ANALYSIS - III

Particulars Operating Years

2024-25 2025-26 2026-27 2027-28

INCREASE IN MAIN MATERIAL PRICES ::: By 2.00 %

Resultant - Main Material Amt
Resultant - Gross Profit 636.99 1528.98 3618.15 8480.62
Resultant - N.P.B.T. 412.70 1103.48 2768.39 6738.18
Resultant - Tax on Profit 61.81 241.42 688.11 1813.17
Resultant - N.P.A.T. 350.89 862.06 2080.28 4925.01

Resultant - Funds available 801.07 1750.63 3891.19 8674.57

As such - Debt Obligations 567.15 1128.36 2308.62 4788.90
Resultant - DSCR (Individual) 1.41 1.55 1.69 1.81
Resultant - DSCR (cumulative) 1.41 1.50 1.61 1.72
Resultant - DSCR (overall) ........ ........ 2.33 ........

As such - Sale Value(Output) 2000.00 4400.00 9680.00 21296.00

Resultant - Variable Cost
Resultant - Nett Contribution 2000.00 4400.00 9680.00 21296.00
Resultant - PV Ratio (%age) 100.00 100.00 100.00 100.00
Resultant - Cash BEP Sales 1361.41 2833.45 5950.46 12550.70
Resultant - BEP Sales 1587.30 3296.52 6911.61 14557.82
Resultant - Cash BEP % (Yr. 5) ........ ........ ........ ........
Resultant - BEP %age (Yr. 5) ........ ........ ........ ........
Resultant - DEBT EQUITY RATIO
- Unsecured Dep. as Equity 1.79 1.36 1.15 1.03
- Unsecured Dep. as Debt 1.79 1.36 1.15 1.03
 Resultant - ROI (%age) 19.29 22.07 24.40 26.50
Resultant - RONW (%age) 17.99 23.34 24.59 25.88

DECREASE IN MAIN MATERIAL PRICES ::: By 2.00 %

Resultant - Main Material Amt
Resultant - Gross Profit 636.99 1528.98 3618.15 8480.62
Resultant - N.P.B.T. 412.70 1103.48 2768.39 6738.18
Resultant - Tax on Profit 61.81 241.42 688.11 1813.17
Resultant - N.P.A.T. 350.89 862.06 2080.28 4925.01

Resultant - Funds available 801.07 1750.63 3891.19 8674.57

As such - Debt Obligations 567.15 1128.36 2308.62 4788.90
Resultant - DSCR (Individual) 1.41 1.55 1.69 1.81
Resultant - DSCR (cumulative) 1.41 1.50 1.61 1.72
Resultant - DSCR (overall) ........ ........ 2.33 ........

As such - Sale Value(Output) 2000.00 4400.00 9680.00 21296.00

Resultant - Variable Cost
Resultant - Nett Contribution 2000.00 4400.00 9680.00 21296.00
Resultant - PV Ratio (%age) 100.00 100.00 100.00 100.00
Resultant - Cash BEP Sales 1361.41 2833.45 5950.46 12550.70
Resultant - BEP Sales 1587.30 3296.52 6911.61 14557.82
Resultant - Cash BEP % (Yr. 5) ........ ........ ........ ........
Resultant - BEP %age (Yr. 5) ........ ........ ........ ........
Resultant - DEBT EQUITY RATIO
- Unsecured Dep. as Equity 1.79 1.36 1.15 1.03
- Unsecured Dep. as Debt 1.79 1.36 1.15 1.03
Resultant - ROI (%age) 19.29 22.07 24.40 26.50
Resultant - RONW (%age) 17.99 23.34 24.59 25.88

ANNEXURE - 14
SENSITIVITY ANALYSIS - IV

Particulars Operating Years

2024-25 2025-26 2026-27 2027-28

INCREASE IN MAIN MATERIAL PRICES ::: By 4.00 %

Resultant - Main Material Amt
Resultant - Gross Profit 636.99 1528.98 3618.15 8480.62
Resultant - N.P.B.T. 412.70 1103.48 2768.39 6738.18
Resultant - Tax on Profit 61.81 241.42 688.11 1813.17
Resultant - N.P.A.T. 350.89 862.06 2080.28 4925.01

Resultant - Funds available 801.07 1750.63 3891.19 8674.57

As such - Debt Obligations 567.15 1128.36 2308.62 4788.90
Resultant - DSCR (Individual) 1.41 1.55 1.69 1.81
Resultant - DSCR (cumulative) 1.41 1.50 1.61 1.72
Resultant - DSCR (overall) ........ ........ 2.33 ........

As such - Sale Value(Output) 2000.00 4400.00 9680.00 21296.00

Resultant - Variable Cost
Resultant - Nett Contribution 2000.00 4400.00 9680.00 21296.00
Resultant - PV Ratio (%age) 100.00 100.00 100.00 100.00
Resultant - Cash BEP Sales 1361.41 2833.45 5950.46 12550.70
Resultant - BEP Sales 1587.30 3296.52 6911.61 14557.82
Resultant - Cash BEP % (Yr. 5) ........ ........ ........ ........
Resultant - BEP %age (Yr. 5) ........ ........ ........ ........
Resultant - DEBT EQUITY RATIO
- Unsecured Dep. as Equity 1.79 1.36 1.15 1.03
- Unsecured Dep. as Debt 1.79 1.36 1.15 1.03
Resultant - ROI (%age) 19.29 22.07 24.40 26.50
Resultant - RONW (%age) 17.99 23.34 24.59 25.88

DECREASE IN MAIN MATERIAL PRICES ::: By 4.00 %

Resultant - Main Material Amt
Resultant - Gross Profit 636.99 1528.98 3618.15 8480.62
Resultant - N.P.B.T. 412.70 1103.48 2768.39 6738.18
Resultant - Tax on Profit 61.81 241.42 688.11 1813.17
Resultant - N.P.A.T. 350.89 862.06 2080.28 4925.01

Resultant - Funds available 801.07 1750.63 3891.19 8674.57

As such - Debt Obligations 567.15 1128.36 2308.62 4788.90
Resultant - DSCR (Individual) 1.41 1.55 1.69 1.81
Resultant - DSCR (cumulative) 1.41 1.50 1.61 1.72
Resultant - DSCR (overall) ........ ........ 2.33 ........

As such - Sale Value(Output) 2000.00 4400.00 9680.00 21296.00

Resultant - Variable Cost
Resultant - Nett Contribution 2000.00 4400.00 9680.00 21296.00
Resultant - PV Ratio (%age) 100.00 100.00 100.00 100.00
Resultant - Cash BEP Sales 1361.41 2833.45 5950.46 12550.70
Resultant - BEP Sales 1587.30 3296.52 6911.61 14557.82
Resultant - Cash BEP % (Yr. 5) ........ ........ ........ ........
Resultant - BEP %age (Yr. 5) ........ ........ ........ ........
Resultant - DEBT EQUITY RATIO
 - Unsecured Dep. as Equity 1.79 1.36 1.15 1.03
- Unsecured Dep. as Debt 1.79 1.36 1.15 1.03
Resultant - ROI (%age) 19.29 22.07 24.40 26.50
Resultant - RONW (%age) 17.99 23.34 24.59 25.88

JV - DecodeAge & Champions

ANNEXURE - 15
SHAREHOLDING PATTERN AND STAKE STATUS

Particulars Existing Existing Proposed Proposed

Capital Capital Capital Capital
%age Amount %age Amount

100.00 11484.22

Total 100.00 11484.22

 ( Rupees in Lacs )

Phased Phased Total

Period Period Amount

4th Year 5th Year

11039.11 13039.96 34222.99

463.05 546.98 1435.53
463.05 546.98 1435.53

185.22 218.79 574.21

2315.25 2734.89 7177.64
351.92 415.70 1091.00

5742.11
2871.06

14817.60 17503.30 45936.90

3704.40 4375.82 11484.22

11113.20 13127.48 34452.68

11113.20 13127.48 34452.68

14817.60 17503.30 45936.90

 ( Rupees in Lacs )

Operating Years
2028-29 2029-30 2030-31 2031-32

36602.50 40262.75 44289.03 48717.93

36602.50 40262.75 44289.03 48717.93

36602.50 40262.75 44289.03 48717.93

2917.22 3063.08 3216.23 3377.04

7796.26 8186.07 8595.37 9025.14
2917.22 3063.08 3216.23 3377.04
3242.67 3242.67 3242.67 3242.67
3660.25 4026.28 4428.90 4871.79
607.75 638.14 670.05 703.55
21141.37 22219.32 23369.45 24597.23

15461.13 18043.43 20919.58 24120.70

2664.58 2172.41 1680.22 1203.76

2664.58 2172.41 1680.22 1203.76

23805.95 24391.73 25049.67 25800.99

12796.55 15871.02 19239.36 22916.94

3661.27 5023.43 6442.71 7932.64
9135.28 10847.59 12796.65 14984.30
3242.67 3242.67 3242.67 3242.67
12377.95 14090.26 16039.32 18226.97
 ( Rupees in Lacs )

Operating Years
2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32

233.92 956.85 2763.82 7125.12 15172.13 24430.41 35643.78 49394.12

94.76 100.00 100.00 100.00 100.00 100 100 100

328.68 1056.85 2863.82 7225.12 15272.13 24530.41 35743.78 49494.12

16.00 33.60 70.56 148.18 243.10 255.26 268.02 281.42

78.76 167.06 354.50 752.51 1248.46 1326.13 1409.21 1498.13

702.86 1458.86 3046.46 4921.81 4921.81 4921.79 4578.95 4218.95

797.62 1659.52 3471.52 5822.50 6413.37 6503.18 6256.18 5998.5

-468.94 -602.67 -607.70 1402.62 8858.76 18027.23 29487.6 43495.62

175.44 642.14 1829.07 4743.32 10335.43 17211.77 25549.91 35785.93
151.75 591.98 1722.81 4518.15 9962.54 16816.42 25130.6 35341.04

400.00 880.00 1936.00 4259.20 7320.50 8052.55 8857.81 9743.59

-100.66 -325.06
233.92 856.19 2438.76 6324.43 13780.57 22949.02 34066.55 47714.57
100.00 100.00 100.00 100.00 100.00 100 100 100
3.47 5.27 6.74 8.02 10.24 15.51 21.31 27.81
0.41 0.64 0.82 1.24 2.38 3.77 5.71 8.25
 ( Rupees in Lacs )

Operating Years
2027-28 2028-29 2029-30 2030-31 2031-32

8480.62 15461.13 18043.43 20919.58 24120.70

3704.40 4375.82
2007.12 3242.67 3242.67 3242.67 3242.67

11113.20 13127.48
475.63 590.87 89.83 95.84 102.32

25780.97 36797.97 21375.93 24258.09 27465.69

14817.60 17503.30

3046.46 4921.81 4921.81 4921.79 4578.95

1742.44 2664.58 2172.41 1680.22 1203.76
1813.17 3661.27 5023.43 6442.71 7932.64

21419.67 28750.96 12117.65 13044.72 13715.35

2763.82 7125.12 15172.13 24430.41 35643.78

4361.30 8047.01 9258.28 11213.37 13750.34
7125.12 15172.13 24430.41 35643.78 49394.12

( Rupees in Lacs )
Operating Years
2028-29 2029-30 2030-31 2031-32

15326.64 28837.74 39685.33 52481.98

9135.28 10847.59 12796.65 14984.30
4375.82
28837.74 39685.33 52481.98 67466.28

23979.83 19058.02 14136.23 9557.28

243.10 255.26 268.02 281.42

1248.46 1326.13 1409.21 1498.13
1491.56 1581.39 1677.23 1779.55

54309.13 60324.74 68295.44 78803.11

45936.90 45936.90 45936.90 45936.90

6899.90 10142.57 13385.24 16627.91
39037.00 35794.33 32551.66 29308.99

15172.13 24430.41 35643.78 49394.12

100.00 100.00 100.00 100.00
15272.13 24530.41 35743.78 49494.12

54309.13 60324.74 68295.44 78803.11

( Rupees in Lacs )

Operating Years
2028-29 2029-30 2030-31 2031-32
15326.64 28837.74 39685.33 52481.98
9135.28 10847.59 12796.65 14984.30
4375.82
28837.74 39685.33 52481.98 67466.28

23979.83 19058.02 14136.23 9557.28

243.10 255.26 268.02 281.42

243.10 255.26 268.02 281.42

1248.46 1326.13 1409.21 1498.13

1248.46 1326.13 1409.21 1498.13
1491.56 1581.39 1677.23 1779.55

54309.13 60324.74 68295.44 78803.11

45936.90 45936.90 45936.90 45936.90

6899.90 10142.57 13385.24 16627.91
39037.00 35794.33 32551.66 29308.99

15172.13 24430.41 35643.78 49394.12

100.00 100.00 100.00 100.00

100.00 100.00 100.00 100.00
15272.13 24530.41 35743.78 49494.12

54309.13 60324.74 68295.44 78803.11

 ( Rupees in Lacs )

Operating Years
2027-28 2028-29 2029-30 2030-31 2031-32

8480.62 15461.13 18043.43 20919.58 24120.70

39.82 42.24 44.81 47.23 49.51
10487.74 18703.80 21286.10 24162.25 27363.37
49.25 51.10 52.87 54.56 56.17
6738.18 12796.55 15871.02 19239.36 22916.94
31.64 34.96 39.42 43.44 47.04
4925.01 9135.28 10847.59 12796.65 14984.30
23.13 24.96 26.94 28.89 30.76
6932.13 12377.95 14090.26 16039.32 18226.97
32.55 33.82 35.00 36.22 37.41

4925.01 9135.28 10847.59 12796.65 14984.30

2007.12 3242.67 3242.67 3242.67 3242.67
1742.44 2664.58 2172.41 1680.22 1203.76
8674.57 15042.53 16262.67 17719.54 19430.73

3046.46 4921.81 4921.81 4921.79 4578.95

1742.44 2664.58 2172.41 1680.22 1203.76
4788.90 7586.39 7094.22 6602.01 5782.71

1.81 1.98 2.29 2.68 3.36

1.72 1.84 1.98 2.13 2.33
........ ......... ......... ......... .........

1.03 0.83 0.48 0.27 0.14

1.03 0.83 0.48 0.27 0.14
1.09 0.88 0.52 0.30 0.17
1.09 0.88 0.52 0.30 0.17
0.67 0.67 0.67 0.65 0.62
6.02 7.02 9.80 14.38 22.73
 ( Rupees in Lacs )

Operating Years
2027-28 2028-29 2029-30 2030-31 2031-32

21296.00 36602.50 40262.75 44289.03 48717.93

21296.00 36602.50 40262.75 44289.03 48717.93

21296.00 36602.50 40262.75 44289.03 48717.93

100.00 100.00 100.00 100.00 100.00

21296.00 36602.50 40262.75 44289.03 48717.93

100.00 100.00 100.00 100.00 100.00

1778.11 2917.22 3063.08 3216.23 3377.04

4752.00 7796.26 8186.07 8595.37 9025.14
1778.11 2917.22 3063.08 3216.23 3377.04
2129.60 3660.25 4026.28 4428.90 4871.79
370.44 607.75 638.14 670.05 703.55
1742.44 2664.58 2172.41 1680.22 1203.76
2007.12 3242.67 3242.67 3242.67 3242.67

14557.82 23805.95 24391.73 25049.67 25800.99

12550.70 20563.28 21149.06 21807.00 22558.32

12550.70 20563.28 21149.06 21807.00 22558.32

8745.30 16039.22 19113.69 22482.03 26159.61
14557.82 23805.95 24391.73 25049.67 25800.99
6738.18 12796.55 15871.02 19239.36 22916.94
 ( Rupees in Lacs )

Operating Years
2028-29 2029-30 2030-31 2031-32

9135.28 10847.59 12796.65 14984.30

3242.67 3242.67 3242.67 3242.67

2664.58 2172.41 1680.22 1203.76

15042.53 16262.67 17719.54 19430.73

15042.53 16262.67 17719.54 19430.73

17503.30

0.00 0.00 0.00 0.00

12796.55 15871.02 19239.36 22916.94

3242.67 3242.67 3242.67 3242.67

2664.58 2172.41 1680.22 1203.76

18703.80 21286.10 24162.25 27363.37
 18703.80 21286.10 24162.25 27363.37

17503.30

0.00 0.00 0.00 0.00

& 11.64 MONTHS

( Rupees in Lacs )

Operating Years
2028-29 2029-30 2030-31 2031-32

37334.55 41068.01 45174.81 49692.29

16193.18 18848.69 21805.36 25095.06
13528.60 16676.28 20125.14 23891.30
3917.08 5304.82 6752.23 8273.12
9611.52 11371.46 13372.91 15618.17

15518.77 16786.54 18295.80 20064.60

7586.39 7094.22 6602.01 5782.71
2.05 2.37 2.77 3.47
1.90 2.04 2.20 2.41
........ ........ ........ ........

37334.55 41068.01 45174.81 49692.29

37334.55 41068.01 45174.81 49692.29

100.00 100.00 100.00 100.00
20563.28 21149.06 21807.00 22558.32
23805.95 24391.73 25049.67 25800.99
 55.08 ........ ........ ........
63.76 ........ ........ ........

0.82 0.47 0.27 0.14

0.82 0.47 0.27 0.14
29.82 31.25 31.93 31.85
28.94 28.65 25.48 23.15

35870.45 39457.50 43403.25 47743.57

14729.08 17238.18 20033.80 23146.34
12064.50 15065.77 18353.58 21942.58
3405.46 4742.04 6133.18 7592.16
8659.04 10323.72 12220.40 14350.42

14566.29 15738.80 17143.29 18796.85

7586.39 7094.22 6602.01 5782.71
1.92 2.22 2.60 3.25
1.78 1.91 2.06 2.26
........ ........ ........ ........

35870.45 39457.50 43403.25 47743.57

35870.45 39457.50 43403.25 47743.57

100.00 100.00 100.00 100.00
20563.28 21149.06 21807.00 22558.32
23805.95 24391.73 25049.67 25800.99
55.08 ........ ........ ........
63.76 ........ ........ ........

0.85 0.49 0.27 0.14

0.85 0.49 0.27 0.14
27.12 28.58 29.33 29.37
26.07 26.01 23.28 21.27

( Rupees in Lacs )

Operating Years
2028-29 2029-30 2030-31 2031-32
 38066.60 41873.26 46060.59 50666.65
16925.23 19653.94 22691.14 26069.42
14260.65 17481.53 21010.92 24865.66
4172.88 5586.21 7061.76 8613.60
10087.77 11895.32 13949.16 16252.05

15995.02 17310.40 18872.05 20698.48

7586.39 7094.22 6602.01 5782.71
2.11 2.44 2.86 3.58
1.96 2.10 2.27 2.48
........ ........ ........ ........

38066.60 41873.26 46060.59 50666.65

38066.60 41873.26 46060.59 50666.65

100.00 100.00 100.00 100.00
20563.28 21149.06 21807.00 22558.32
23805.95 24391.73 25049.67 25800.99
54.02 ........ ........ ........
62.54 ........ ........ ........

0.80 0.47 0.26 0.14

0.80 0.47 0.26 0.14
31.16 32.58 33.22 33.08
30.37 29.97 26.58 24.09

35138.40 38652.24 42517.47 46769.21

13997.03 16432.92 19148.02 22171.98
11332.45 14260.51 17467.80 20968.22
3149.65 4460.65 5823.65 7251.68
8182.80 9799.86 11644.15 13716.54

14090.05 15214.94 16567.04 18162.97

7586.39 7094.22 6602.01 5782.71
1.86 2.14 2.51 3.14
1.72 1.85 2.00 2.18
........ ........ ........ ........

35138.40 38652.24 42517.47 46769.21

35138.40 38652.24 42517.47 46769.21

100.00 100.00 100.00 100.00
 20563.28 21149.06 21807.00 22558.32
23805.95 24391.73 25049.67 25800.99
54.02 ........ ........ ........
62.54 ........ ........ ........

0.86 0.49 0.28 0.14

0.86 0.49 0.28 0.14
25.77 27.24 28.04 28.14
24.64 24.69 22.19 20.33

( Rupees in Lacs )

Operating Years
2028-29 2029-30 2030-31 2031-32

15461.13 18043.43 20919.58 24120.70

12796.55 15871.02 19239.36 22916.94
3661.27 5023.43 6442.71 7932.64
9135.28 10847.59 12796.65 14984.30

15042.53 16262.67 17719.54 19430.73

7586.39 7094.22 6602.01 5782.71
1.98 2.29 2.68 3.36
1.84 1.98 2.13 2.33
........ ........ ........ ........

36602.50 40262.75 44289.03 48717.93

36602.50 40262.75 44289.03 48717.93

100.00 100.00 100.00 100.00
20563.28 21149.06 21807.00 22558.32
23805.95 24391.73 25049.67 25800.99
56.18 ........ ........ ........
65.04 ........ ........ ........

0.83 0.48 0.27 0.14

0.83 0.48 0.27 0.14
 28.47 29.91 30.63 30.61
27.50 27.33 24.38 22.21

15461.13 18043.43 20919.58 24120.70

12796.55 15871.02 19239.36 22916.94
3661.27 5023.43 6442.71 7932.64
9135.28 10847.59 12796.65 14984.30

15042.53 16262.67 17719.54 19430.73

7586.39 7094.22 6602.01 5782.71
1.98 2.29 2.68 3.36
1.84 1.98 2.13 2.33
........ ........ ........ ........

36602.50 40262.75 44289.03 48717.93

36602.50 40262.75 44289.03 48717.93

100.00 100.00 100.00 100.00
20563.28 21149.06 21807.00 22558.32
23805.95 24391.73 25049.67 25800.99
56.18 ........ ........ ........
65.04 ........ ........ ........

0.83 0.48 0.27 0.14

0.83 0.48 0.27 0.14
28.47 29.91 30.63 30.61
27.50 27.33 24.38 22.21

( Rupees in Lacs )

Operating Years
2028-29 2029-30 2030-31 2031-32

15461.13 18043.43 20919.58 24120.70

12796.55 15871.02 19239.36 22916.94
 3661.27 5023.43 6442.71 7932.64
9135.28 10847.59 12796.65 14984.30

15042.53 16262.67 17719.54 19430.73

7586.39 7094.22 6602.01 5782.71
1.98 2.29 2.68 3.36
1.84 1.98 2.13 2.33
........ ........ ........ ........

36602.50 40262.75 44289.03 48717.93

36602.50 40262.75 44289.03 48717.93

100.00 100.00 100.00 100.00
20563.28 21149.06 21807.00 22558.32
23805.95 24391.73 25049.67 25800.99
56.18 ........ ........ ........
65.04 ........ ........ ........

0.83 0.48 0.27 0.14

0.83 0.48 0.27 0.14
28.47 29.91 30.63 30.61
27.50 27.33 24.38 22.21

15461.13 18043.43 20919.58 24120.70

12796.55 15871.02 19239.36 22916.94
3661.27 5023.43 6442.71 7932.64
9135.28 10847.59 12796.65 14984.30

15042.53 16262.67 17719.54 19430.73

7586.39 7094.22 6602.01 5782.71
1.98 2.29 2.68 3.36
1.84 1.98 2.13 2.33
........ ........ ........ ........

36602.50 40262.75 44289.03 48717.93

36602.50 40262.75 44289.03 48717.93

100.00 100.00 100.00 100.00
20563.28 21149.06 21807.00 22558.32
23805.95 24391.73 25049.67 25800.99
56.18 ........ ........ ........
65.04 ........ ........ ........
 0.83 0.48 0.27 0.14
0.83 0.48 0.27 0.14
28.47 29.91 30.63 30.61
27.50 27.33 24.38 22.21

( Rupees in Lacs )

Total Total
Capital Capital
%age Amount

100.00 11484.22

11484.22
JV - DecodeAge & Champions

ANNEXURE - 16
QUANTITATIVE DETAILS OF OUTPUT, SALES AND STOCKS

Particulars UOM Operating

2024-25 2025-26 2026-27

Determined Capacity P.A .

of Products/Services
Membership Fees Mem 10000.00 10000.00 10000.00

Achievable Efficiency/Yield %
of Products/Services/Items
Membership Fees % 100.00 100.00 100.00

Net Usable Load/Capacity

of Products/Services/Items
Membership Fees Mem 10000.00 10000.00 10000.00

Expected Usage/Utilisation of
Achievable Load/Capacity (%)
Membership Fees % 8.00 16.00 32.00

Working Months in a year

Membership Fees Mth 12.00 12.00 12.00

Expected Usage/Output/Sales
of Products/Services/Items
Membership Fees Mem 800.00 1600.00 3200.00

JV - DecodeAge & Champions

ANNEXURE - 17
PRODUCT-WISE DOMESTIC SALES REALISATION ( Rupees in Lacs )

Operating Year UOM Quantity Nett Nett

Description of Product Domestic Price Value
2024-25
Membership Fees Me m 800.00 250000.00 2000.00
Year Totals :: 800.00 2000.00

2025-26
Membership Fees Me m 1600.00 275000.00 4400.00
Year Totals :: 1600.00 4400.00

2026-27
Membership Fees Me m 3200.00 302500.00 9680.00
Year Totals :: 3200.00 9680.00

2027-28
Membership Fees Me m 6400.00 332750.00 21296.00
Year Totals :: 6400.00 21296.00

2028-29
Membership Fees Me m 10000.00 366025.00 36602.50
Year Totals :: 10000.00 36602.50

2029-30
Membership Fees Me m 10000.00 402627.50 40262.75
Year Totals :: 10000.00 40262.75

2030-31
Membership Fees Me m 10000.00 442890.25 44289.03
Year Totals :: 10000.00 44289.03

2031-32
Membership Fees Me m 10000.00 487179.28 48717.93
Year Totals :: 10000.00 48717.93

JV - DecodeAge & Champions

ANNEXURE - 18
CONSUMABLES, STORES AND SPARES EXPENSES ( Rupees in Lacs )
 Operating Year Output Rate Total
Description of Product UOM Quantity Per Unit Amount

2024-25
Membership Fees Mem 800.00 24000.00 192.00
Year Total :: 192.00

2025-26
Membership Fees Mem 1600.00 25200.00 403.20
Year Total :: 403.20

2026-27
Membership Fees Mem 3200.00 26460.00 846.72
Year Total :: 846.72

2027-28
Membership Fees Mem 6400.00 27783.00 1 778.11
Year Total :: 1778.11

2028-29
Membership Fees Mem 10000.00 29172.15 2 917.22
Year Total :: 2917.22

2029-30
Membership Fees Mem 10000.00 30630.76 3 63.08
Year Total :: 3063.08

2030-31
Membership Fees Mem 10000.00 32162.30 3 216.23
Year Total :: 3216.23

2031-32
Membership Fees Mem 10000.00 33770.41 3 377.04
Year Total :: 3377.04

JV - DecodeAge & Champions

ANNEXURE - 19
POWER/ELECTRICITY EXPENSES ( Rupees in Lacs )
 Operating Year Output Rate Total
Description of Product UOM Quantity Per Unit Amount

2024-25
Membership Fees Mem 800.00 24000.00 192.00
Year Total :: 192.00

2025-26
Membership Fees Mem 1600.00 25200.00 403.20
Year Total :: 403.00

2026-27
Membership Fees Mem 3200.00 26460.00 846.72
Year Total :: 846.00

2027-28
Membership Fees Mem 6400.00 27783.00 1778.11
Year Total :: 1778.00

2028-29
Membership Fees Mem 10000.00 29172.15 2917.22
Year Total :: 2917.00

2029-30
Membership Fees Mem 10000.00 30630.76 3063.08
Year Total :: 3063.00

2030-31
Membership Fees Mem 10000.00 32162.30 3216.23
Year Total :: 3216.00

2031-32
Membership Fees Mem 10000.00 33770.41 3377.04
Year Total :: 3377.00

JV - DecodeAge & Champions

ANNEXURE - 20
ROYALTY AND OTHER CHARGES ( Rupees in Lacs )

Operating Year Total Expenses Total

Description of Product UOM Amount %age Amount

2024-25
Membership Fees Mem 2000.00 10.00 200.00
Total Requirement :: 200.00

2025-26
Membership Fees Mem 4400.00 10.00 440.00
Total Requirement :: 440.00

2026-27
Membership Fees Mem 9680.00 10.00 968.00
Total Requirement :: 968.00

2027-28
Membership Fees Mem 21296.00 10.00 2129.60
Total Requirement :: 2129.60

2028-29
Membership Fees Mem 36602.50 10.00 3660.25
Total Requirement :: 3660.25

2029-30
Membership Fees Mem 40262.75 10.00 4026.28
Total Requirement :: 4026.28

2030-31
Membership Fees Mem 44289.03 10.00 4428.90
Total Requirement :: 4428.90

2031-32
Membership Fees Mem 48717.93 10.00 4871.79
Total Requirement :: 4871.79
JV - DecodeAge & Champions

ANNEXURE - 21
OTHER MANUFACTURING EXPENSES ( Rupees in Lacs )

2024-25 40.00 40.00

2025-26 84.00 84.00
2026-27 176.40 176.40
2027-28 370.44 370.44
2028-29 607.75 607.75
2029-30 638.14 638.14
2030-31 670.05 670.05
2031-32 703.55 703.55

JV - DecodeAge & Champions

ANNEXURE - 22
DEPRECIATION CHARGES AS PER BOOKS (TOTAL)

Operating F.Assets F.Assets F.Assets F.Assets

Year Type A-1 Type A-2 Type A-3 Type A-4

2024-25

2025-26

2026-27

2027-28
2028-29

2029-30

2030-31

2031-32

Particulars Method Dep.Rate Part Consideration,if any (Months)

Yr.1 Yr.2 Yr.3 Yr.4 Yr.5 Yr.6
Type A :: Buildings
Factory Building SLM @ 10.00%
Office Building SLM @ 10.00%
Staff Quarters SLM @ 15.00%
Borewell, etc SLM @ 15.00%
Type C
Motor Vehicles SLM @ 6.33%
Type D :: Misc. Fixed Assets
Computers, Printers, etc SLM @ 19.00%
Furniture & Fixtures SLM @ 9.50%
Type B :: Plant and Machineries ( All calculation are given on a separate sheet )

JV - DecodeAge & Champions

ANNEXURE - 23
DEPRECIATION CHARGES AS PER BOOKS (P&M)

Operating F.Assets F.Assets F.Assets F.Assets

Year Type B-1 Type B-2 Type B-3 Type B-4

2024-25 2384.00
150.91
2025-26 4736.29
309.36

2026-27 9683.65
642.11

2027-28 20080.65
1340.89

2028-29 31779.73
2166.32

2029-30 29613.41
2166.32

2030-31 27447.10
2166.32

2031-32 25280.78
2166.32

Particulars Method Dep.Rate Part Consideration,if any (Months)

Yr.1 Yr.2 Yr.3 Yr.4 Yr.5 Yr.6
( Months )
Imported Machineries-Main SLM @ 6.33%
Imported Machineries-Others SLM @ 6.33%
Indigenious Machineries-Main SLM @ 6.33%
Indigenious Machineries-Others SLM @ 6.33%
Tools,Jigs & Fixtures SLM @ 6.33%
Laboratory Equipments SLM @ 6.33%
Electrification , etc SLM @ 6.33%
Installation, Erection, etc SLM @ 6.33%

Contingencies, Pre-operative Expenses and Capital WIP are capitalised as under

Description P & P Expenses Contingencies Capital WIP
Imported Machineries-Main 5742.11 2871.06 0.00

JV - DecodeAge & Champions

ANNEXURE - 24
DEPRECIATION CHARGES AS PER IT (WDV) (TOTAL)

Operating F.Assets F.Assets F.Assets F.Assets

Year Type A-1 Type A-2 Type A-3 Type A-4

2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

2030-31

2031-32

Depreciation hereinabove is calculated as per WDV at rates prescribed under I.T.Act

Particulars Dep. Rate Part Consideration,if any (Months)
Yr.1 Yr.2 Yr.3 Yr.4 Yr.5 Yr.6
Type A :: Buildings
Factory Building @ 10.00%
Office Building @ 10.00%
Staff Quarters @ 10.00%
Borewell, etc @ 10.00%
Type C
Motor Vehicles @ 15.00%
Type D :: Misc. Fixed Assets
Computers, Printers, etc @ 40.00%
Furniture & Fixtures @ 10.00%
Type B :: Plant and Machineries ( All calculation are given on a separate sheet )
JV - DecodeAge & Champions

ANNEXURE - 25
DEPRECIATION CHARGES AS PER IT (WDV) (P&M)

Operating F.Assets F.Assets F.Assets F.Assets

Year Type B-1 Type B-2 Type B-3 Type B-4

2024-25 2384.00
357.60

2025-26 4529.60
679.44

2026-27 9106.88
1366.03

2027-28 18779.96
2816.99

2028-29 29002.92
4350.44

2029-30 24652.49
3697.87

2030-31 20954.61
3143.19

2031-32 17811.42
2671.71

Depreciation hereinabove is calculated as per WDV at rates prescribed under I.T.Act

Particulars Dep.Rate Part Consideration,if any (Months)
Yr.1 Yr.2 Yr.3 Yr.4 Yr.5 Yr.6
( Months )
Imported Machineries-Main @ 15.00%
Imported Machineries-Others @ 15.00%
Indigenious Machineries-Main @ 15.00%
Indigenious Machineries-Others @ 15.00%
Tools,Jigs & Fixtures @ 15.00%
Laboratory Equipments @ 15.00%
Electrification , etc @ 15.00%
Installation, Erection, etc @ 15.00%

JV - DecodeAge & Champions

ANNEXURE - 26
INTEREST & REPAYMENT ON TERM LOANS ( Rupees in Lacs )

A Name of Institution/Bank :: Term Loan from Bank / FI Phase

B Term Borrowing Amount :: 2400.00
C Repayment Term (Years) :: 7.00
D Repayment Instalments :: 84.00
E Repayment Commencement :: Year - 1 1st Mth.
F Rate of Interest(General) :: 10.00 % Per Annum
F Rate of Interest(Initial) :: 10.00 % Per Annum
G Apply Gen. Int. Rate from Year :: 1 Month :: 1
H Interest Calculation :: Monthly

Operating Period Repaymnt Amount Interest

Year Ended Amount Outstg. Amount

2024-25 1.00 28.57 2371.43 20.00

2.00 28.57 2342.86 19.76
3.00 28.57 2314.29 19.52
4.00 28.57 2285.71 19.29
5.00 28.57 2257.14 19.05
6.00 28.57 2228.57 18.81
7.00 28.57 2200.00 18.57
8.00 28.57 2171.43 18.33
9.00 28.57 2142.86 18.10
10.00 28.57 2114.29 17.86
11.00 28.57 2085.71 17.62
12.00 28.57 2057.14 17.38
TOTAL : 342.86 224.29
2025-26 1.00 28.57 2028.57 17.14
2.00 28.57 2000.00 16.90
 3.00 28.57 1971.43 16.67
4.00 28.57 1942.86 16.43
5.00 28.57 1914.29 16.19
6.00 28.57 1885.71 15.95
7.00 28.57 1857.14 15.71
8.00 28.57 1828.57 15.48
9.00 28.57 1800.00 15.24
10.00 28.57 1771.43 15.00
11.00 28.57 1742.86 14.76
12.00 28.57 1714.29 14.52
TOTAL : 342.86 190.00
2026-27 1.00 28.57 1685.71 14.29
2.00 28.57 1657.14 14.05
3.00 28.57 1628.57 13.81
4.00 28.57 1600.00 13.57
5.00 28.57 1571.43 13.33
6.00 28.57 1542.86 13.10
7.00 28.57 1514.29 12.86
8.00 28.57 1485.71 12.62
9.00 28.57 1457.14 12.38
10.00 28.57 1428.57 12.14
11.00 28.57 1400.00 11.90
12.00 28.57 1371.43 11.67
TOTAL : 342.86 155.71
2027-28 1.00 28.57 1342.86 11.43
2.00 28.57 1314.29 11.19
3.00 28.57 1285.71 10.95
4.00 28.57 1257.14 10.71
5.00 28.57 1228.57 10.48
6.00 28.57 1200.00 10.24
7.00 28.57 1171.43 10.00
8.00 28.57 1142.86 9.76
9.00 28.57 1114.29 9.52
10.00 28.57 1085.71 9.29
11.00 28.57 1057.14 9.05
12.00 28.57 1028.57 8.81
TOTAL : 342.86 121.43
2028-29 1.00 28.57 1000.00 8.57
2.00 28.57 971.43 8.33
3.00 28.57 942.86 8.10
4.00 28.57 914.29 7.86
5.00 28.57 885.71 7.62
6.00 28.57 857.14 7.38
7.00 28.57 828.57 7.14
8.00 28.57 800.00 6.90
 9.00 28.57 771.43 6.67
10.00 28.57 742.86 6.43
11.00 28.57 714.29 6.19
12.00 28.57 685.71 5.95
TOTAL : 342.86 87.14
2029-30 1.00 28.57 657.14 5.71
2.00 28.57 628.57 5.48
3.00 28.57 600.00 5.24
4.00 28.57 571.43 5.00
5.00 28.57 542.86 4.76
6.00 28.57 514.29 4.52
7.00 28.57 485.71 4.29
8.00 28.57 457.14 4.05
9.00 28.57 428.57 3.81
10.00 28.57 400.00 3.57
11.00 28.57 371.43 3.33
12.00 28.57 342.86 3.10
TOTAL : 342.86 52.86
2030-31 1.00 28.57 314.29 2.86
2.00 28.57 285.71 2.62
3.00 28.57 257.14 2.38
4.00 28.57 228.57 2.14
5.00 28.57 200.00 1.90
6.00 28.57 171.43 1.67
7.00 28.57 142.86 1.43
8.00 28.57 114.29 1.19
9.00 28.57 85.71 0.95
10.00 28.57 57.14 0.71
11.00 28.57 28.57 0.48
12.00 28.57 0.24
TOTAL : 342.86 18.57

* Repayment is considered as being made at the end of the period

A Name of Institution/Bank :: Term Loan from Bank / FI Phase

B Term Borrowing Amount :: 2520.00
C Repayment Term (Years) :: 7.00
D Repayment Instalments :: 84.00
E Repayment Commencement :: Year - 2 1st Mth.
F Rate of Interest(General) :: 10.00 % Per Annum
F Rate of Interest(Initial) :: 10.00 % Per Annum
G Apply Gen. Int. Rate from Year :: 2 Month :: 1
H Interest Calculation :: Monthly
Operating Period Repaymnt Amount Interest
Year Ended Amount Outstg. Amount

2025-26 1.00 30.00 2490.00 21.00

2.00 30.00 2460.00 20.75
3.00 30.00 2430.00 20.50
4.00 30.00 2400.00 20.25
5.00 30.00 2370.00 20.00
6.00 30.00 2340.00 19.75
7.00 30.00 2310.00 19.50
8.00 30.00 2280.00 19.25
9.00 30.00 2250.00 19.00
10.00 30.00 2220.00 18.75
11.00 30.00 2190.00 18.50
12.00 30.00 2160.00 18.25
TOTAL : 360.00 235.50
2026-27 1.00 30.00 2130.00 18.00
2.00 30.00 2100.00 17.75
3.00 30.00 2070.00 17.50
4.00 30.00 2040.00 17.25
5.00 30.00 2010.00 17.00
6.00 30.00 1980.00 16.75
7.00 30.00 1950.00 16.50
8.00 30.00 1920.00 16.25
9.00 30.00 1890.00 16.00
10.00 30.00 1860.00 15.75
11.00 30.00 1830.00 15.50
12.00 30.00 1800.00 15.25
TOTAL : 360.00 199.50
2027-28 1.00 30.00 1770.00 15.00
2.00 30.00 1740.00 14.75
3.00 30.00 1710.00 14.50
4.00 30.00 1680.00 14.25
5.00 30.00 1650.00 14.00
6.00 30.00 1620.00 13.75
7.00 30.00 1590.00 13.50
8.00 30.00 1560.00 13.25
9.00 30.00 1530.00 13.00
10.00 30.00 1500.00 12.75
11.00 30.00 1470.00 12.50
12.00 30.00 1440.00 12.25
TOTAL : 360.00 163.50
2028-29 1.00 30.00 1410.00 12.00
2.00 30.00 1380.00 11.75
 3.00 30.00 1350.00 11.50
4.00 30.00 1320.00 11.25
5.00 30.00 1290.00 11.00
6.00 30.00 1260.00 10.75
7.00 30.00 1230.00 10.50
8.00 30.00 1200.00 10.25
9.00 30.00 1170.00 10.00
10.00 30.00 1140.00 9.75
11.00 30.00 1110.00 9.50
12.00 30.00 1080.00 9.25
TOTAL : 360.00 127.50
2029-30 1.00 30.00 1050.00 9.00
2.00 30.00 1020.00 8.75
3.00 30.00 990.00 8.50
4.00 30.00 960.00 8.25
5.00 30.00 930.00 8.00
6.00 30.00 900.00 7.75
7.00 30.00 870.00 7.50
8.00 30.00 840.00 7.25
9.00 30.00 810.00 7.00
10.00 30.00 780.00 6.75
11.00 30.00 750.00 6.50
12.00 30.00 720.00 6.25
TOTAL : 360.00 91.50
2030-31 1.00 30.00 690.00 6.00
2.00 30.00 660.00 5.75
3.00 30.00 630.00 5.50
4.00 30.00 600.00 5.25
5.00 30.00 570.00 5.00
6.00 30.00 540.00 4.75
7.00 30.00 510.00 4.50
8.00 30.00 480.00 4.25
9.00 30.00 450.00 4.00
10.00 30.00 420.00 3.75
11.00 30.00 390.00 3.50
12.00 30.00 360.00 3.25
TOTAL : 360.00 55.50
2031-32 1.00 30.00 330.00 3.00
2.00 30.00 300.00 2.75
3.00 30.00 270.00 2.50
4.00 30.00 240.00 2.25
5.00 30.00 210.00 2.00
6.00 30.00 180.00 1.75
7.00 30.00 150.00 1.50
8.00 30.00 120.00 1.25
 9.00 30.00 90.00 1.00
10.00 30.00 60.00 0.75
11.00 30.00 30.00 0.50
12.00 30.00 0.25
TOTAL : 360.00 19.50

* Repayment is considered as being made at the end of the period

A Name of Institution/Bank :: Term Loan from Bank / FI Phase

B Term Borrowing Amount :: 5292.00
C Repayment Term (Years) :: 7.00
D Repayment Instalments :: 84.00
E Repayment Commencement :: Year - 3 1st Mth.
F Rate of Interest(General) :: 10.00 % Per Annum
F Rate of Interest(Initial) :: 10.00 % Per Annum
G Apply Gen. Int. Rate from Year :: 3 Month :: 1
H Interest Calculation :: Monthly

Operating Period Repaymnt Amount Interest

Year Ended Amount Outstg. Amount

2026-27 1.00 63.00 5229.00 44.10

2.00 63.00 5166.00 43.58
3.00 63.00 5103.00 43.05
4.00 63.00 5040.00 42.53
5.00 63.00 4977.00 42.00
6.00 63.00 4914.00 41.48
7.00 63.00 4851.00 40.95
8.00 63.00 4788.00 40.43
9.00 63.00 4725.00 39.90
10.00 63.00 4662.00 39.38
11.00 63.00 4599.00 38.85
12.00 63.00 4536.00 38.33
TOTAL : 756.00 494.55
2027-28 1.00 63.00 4473.00 37.80
2.00 63.00 4410.00 37.28
3.00 63.00 4347.00 36.75
4.00 63.00 4284.00 36.23
5.00 63.00 4221.00 35.70
6.00 63.00 4158.00 35.18
7.00 63.00 4095.00 34.65
8.00 63.00 4032.00 34.13
9.00 63.00 3969.00 33.60
 10.00 63.00 3906.00 33.08
11.00 63.00 3843.00 32.55
12.00 63.00 3780.00 32.03
TOTAL : 756.00 418.95
2028-29 1.00 63.00 3717.00 31.50
2.00 63.00 3654.00 30.98
3.00 63.00 3591.00 30.45
4.00 63.00 3528.00 29.93
5.00 63.00 3465.00 29.40
6.00 63.00 3402.00 28.88
7.00 63.00 3339.00 28.35
8.00 63.00 3276.00 27.83
9.00 63.00 3213.00 27.30
10.00 63.00 3150.00 26.78
11.00 63.00 3087.00 26.25
12.00 63.00 3024.00 25.73
TOTAL : 756.00 343.35
2029-30 1.00 63.00 2961.00 25.20
2.00 63.00 2898.00 24.68
3.00 63.00 2835.00 24.15
4.00 63.00 2772.00 23.63
5.00 63.00 2709.00 23.10
6.00 63.00 2646.00 22.58
7.00 63.00 2583.00 22.05
8.00 63.00 2520.00 21.53
9.00 63.00 2457.00 21.00
10.00 63.00 2394.00 20.48
11.00 63.00 2331.00 19.95
12.00 63.00 2268.00 19.43
TOTAL : 756.00 267.75
2030-31 1.00 63.00 2205.00 18.90
2.00 63.00 2142.00 18.38
3.00 63.00 2079.00 17.85
4.00 63.00 2016.00 17.33
5.00 63.00 1953.00 16.80
6.00 63.00 1890.00 16.28
7.00 63.00 1827.00 15.75
8.00 63.00 1764.00 15.23
9.00 63.00 1701.00 14.70
10.00 63.00 1638.00 14.18
11.00 63.00 1575.00 13.65
12.00 63.00 1512.00 13.13
TOTAL : 756.00 192.15
2031-32 1.00 63.00 1449.00 12.60
2.00 63.00 1386.00 12.08
 3.00 63.00 1323.00 11.55
4.00 63.00 1260.00 11.03
5.00 63.00 1197.00 10.50
6.00 63.00 1134.00 9.98
7.00 63.00 1071.00 9.45
8.00 63.00 1008.00 8.93
9.00 63.00 945.00 8.40
10.00 63.00 882.00 7.88
11.00 63.00 819.00 7.35
12.00 63.00 756.00 6.83
TOTAL : 756.00 116.55
2032-33 1.00 63.00 693.00 6.30
2.00 63.00 630.00 5.78
3.00 63.00 567.00 5.25
4.00 63.00 504.00 4.73
5.00 63.00 441.00 4.20
6.00 63.00 378.00 3.68
7.00 63.00 315.00 3.15
8.00 63.00 252.00 2.63
9.00 63.00 189.00 2.10
10.00 63.00 126.00 1.58
11.00 63.00 63.00 1.05
12.00 63.00 0.53
TOTAL : 756.00 40.95

* Repayment is considered as being made at the end of the period

A Name of Institution/Bank :: Term Loan from Bank / FI Phase

B Term Borrowing Amount ::11113.20
C Repayment Term (Years) :: 7.00
D Repayment Instalments :: 84.00
E Repayment Commencement :: Year - 4 1st Mth.
F Rate of Interest(General) :: 10.00 % Per Annum
F Rate of Interest(Initial) :: 10.00 % Per Annum
G Apply Gen. Int. Rate from Year :: 4 Month :: 1
H Interest Calculation :: Monthly

Operating Period Repaymnt Amount Interest

Year Ended Amount Outstg. Amount

2027-28 1.00 132.30 10980.90 92.61

2.00 132.30 10848.60 91.51
3.00 132.30 10716.30 90.41
 4.00 132.30 10584.00 89.30
5.00 132.30 10451.70 88.20
6.00 132.30 10319.40 87.10
7.00 132.30 10187.10 86.00
8.00 132.30 10054.80 84.89
9.00 132.30 9922.50 83.79
10.00 132.30 9790.20 82.69
11.00 132.30 9657.90 81.59
12.00 132.30 9525.60 80.48
TOTAL : 1587.60 1038.56
2028-29 1.00 132.30 9393.30 79.38
2.00 132.30 9261.00 78.28
3.00 132.30 9128.70 77.18
4.00 132.30 8996.40 76.07
5.00 132.30 8864.10 74.97
6.00 132.30 8731.80 73.87
7.00 132.30 8599.50 72.77
8.00 132.30 8467.20 71.66
9.00 132.30 8334.90 70.56
10.00 132.30 8202.60 69.46
11.00 132.30 8070.30 68.36
12.00 132.30 7938.00 67.25
TOTAL : 1587.60 879.80
2029-30 1.00 132.30 7805.70 66.15
2.00 132.30 7673.40 65.05
3.00 132.30 7541.10 63.95
4.00 132.30 7408.80 62.84
5.00 132.30 7276.50 61.74
6.00 132.30 7144.20 60.64
7.00 132.30 7011.90 59.54
8.00 132.30 6879.60 58.43
9.00 132.30 6747.30 57.33
10.00 132.30 6615.00 56.23
11.00 132.30 6482.70 55.13
12.00 132.30 6350.40 54.02
TOTAL : 1587.60 721.04
2030-31 1.00 132.30 6218.10 52.92
2.00 132.30 6085.80 51.82
3.00 132.30 5953.50 50.72
4.00 132.30 5821.20 49.61
5.00 132.30 5688.90 48.51
6.00 132.30 5556.60 47.41
7.00 132.30 5424.30 46.31
8.00 132.30 5292.00 45.20
9.00 132.30 5159.70 44.10
 10.00 132.30 5027.40 43.00
11.00 132.30 4895.10 41.90
12.00 132.30 4762.80 40.79
TOTAL : 1587.60 562.28
2031-32 1.00 132.30 4630.50 39.69
2.00 132.30 4498.20 38.59
3.00 132.30 4365.90 37.49
4.00 132.30 4233.60 36.38
5.00 132.30 4101.30 35.28
6.00 132.30 3969.00 34.18
7.00 132.30 3836.70 33.08
8.00 132.30 3704.40 31.97
9.00 132.30 3572.10 30.87
10.00 132.30 3439.80 29.77
11.00 132.30 3307.50 28.67
12.00 132.30 3175.20 27.56
TOTAL : 1587.60 403.52
2032-33 1.00 132.30 3042.90 26.46
2.00 132.30 2910.60 25.36
3.00 132.30 2778.30 24.26
4.00 132.30 2646.00 23.15
5.00 132.30 2513.70 22.05
6.00 132.30 2381.40 20.95
7.00 132.30 2249.10 19.85
8.00 132.30 2116.80 18.74
9.00 132.30 1984.50 17.64
10.00 132.30 1852.20 16.54
11.00 132.30 1719.90 15.44
12.00 132.30 1587.60 14.33
TOTAL : 1587.60 244.76

* Repayment is considered as being made at the end of the period

A Name of Institution/Bank :: Term Loan from Bank / FI Phase

B Term Borrowing Amount ::13127.48
C Repayment Term (Years) :: 7.00
D Repayment Instalments :: 84.00
E Repayment Commencement :: Year - 5 1st Mth.
F Rate of Interest(General) :: 10.00 % Per Annum
F Rate of Interest(Initial) :: 10.00 % Per Annum
G Apply Gen. Int. Rate from Year :: 5 Month :: 1
H Interest Calculation :: Monthly
Operating Period Repaymnt Amount Interest
Year Ended Amount Outstg. Amount

2028-29 1.00 156.28 12971.20 109.40

2.00 156.28 12814.92 108.09
3.00 156.28 12658.64 106.79
4.00 156.28 12502.36 105.49
5.00 156.28 12346.08 104.19
6.00 156.28 12189.80 102.88
7.00 156.28 12033.52 101.58
8.00 156.28 11877.24 100.28
9.00 156.28 11720.96 98.98
10.00 156.28 11564.68 97.67
11.00 156.28 11408.41 96.37
12.00 156.28 11252.13 95.07
TOTAL : 1875.35 1226.79
2029-30 1.00 156.28 11095.85 93.77
2.00 156.28 10939.57 92.47
3.00 156.28 10783.29 91.16
4.00 156.28 10627.01 89.86
5.00 156.28 10470.73 88.56
6.00 156.28 10314.45 87.26
7.00 156.28 10158.17 85.95
8.00 156.28 10001.89 84.65
9.00 156.28 9845.61 83.35
10.00 156.28 9689.33 82.05
11.00 156.28 9533.05 80.74
12.00 156.28 9376.77 79.44
TOTAL : 1875.35 1039.26
2030-31 1.00 156.28 9220.49 78.14
2.00 156.28 9064.21 76.84
3.00 156.28 8907.93 75.54
4.00 156.28 8751.65 74.23
5.00 156.28 8595.37 72.93
6.00 156.28 8439.09 71.63
7.00 156.28 8282.81 70.33
8.00 156.28 8126.54 69.02
9.00 156.28 7970.26 67.72
10.00 156.28 7813.98 66.42
11.00 156.28 7657.70 65.12
12.00 156.28 7501.42 63.81
TOTAL : 1875.35 851.72
2031-32 1.00 156.28 7345.14 62.51
2.00 156.28 7188.86 61.21
3.00 156.28 7032.58 59.91
 4.00 156.28 6876.30 58.60
5.00 156.28 6720.02 57.30
6.00 156.28 6563.74 56.00
7.00 156.28 6407.46 54.70
8.00 156.28 6251.18 53.40
9.00 156.28 6094.90 52.09
10.00 156.28 5938.62 50.79
11.00 156.28 5782.34 49.49
12.00 156.28 5626.06 48.19
TOTAL : 1875.35 664.19
2032-33 1.00 156.28 5469.78 46.88
2.00 156.28 5313.50 45.58
3.00 156.28 5157.22 44.28
4.00 156.28 5000.94 42.98
5.00 156.28 4844.67 41.67
6.00 156.28 4688.39 40.37
7.00 156.28 4532.11 39.07
8.00 156.28 4375.83 37.77
9.00 156.28 4219.55 36.47
10.00 156.28 4063.27 35.16
11.00 156.28 3906.99 33.86
12.00 156.28 3750.71 32.56
TOTAL : 1875.35 476.65

* Repayment is considered as being made at the end of the period

JV - DecodeAge & Champions

ANNEXURE - 27
TAX ON PROFITS

Particulars Operating Years

2024-25 2025-26 2026-27 2027-28

Net Profit Before Taxes 412.70 1103.48 2768.39 6738.18

Adjustments to NPBT
Add : Depreciation as provided 225.89 463.07 961.15 2007.12
Less : Depreciation as per IT 461.20 875.16 1759.85 3556.00
 Less : Partners Interest
Less : Salaries as per IT 0.50 0.50 0.50 0.50
Recomputed NPBT 176.89 690.89 1969.19 5188.80

Taxable Profits 176.89 690.89 1969.19 5188.80

Income Tax on Profits 61.81 241.42 688.11 1813.17

Note ::
1. Interest on partners capital is deduc ted @ 0. 00 % p.a.
2. Book profit for Remuneration to Partn ers is ar rived aft er deduct
3. Salaries/Remuneration to Par tners is considere d as per existing
 Operating Years
2027-28 2028-29 2029-30 2030-31 2031-32

10000.00 10000.00 10000.00 10000.00 10000.00

100.00 100.00 100.00 100.00 100.00

10000.00 10000.00 10000.00 10000.00 10000.00

64.00 100.00 100.00 100.00 100.00

12.00 12.00 12.00 12.00 12.00

6400.00 10000.00 10000.00 10000.00 10000.00

0.00

0.20

0.72

0.11

0.22

0.08

0.23

0.04
 ( Rupees in Lacs )

F.Assets F.Assets F.Assets F.Assets Total

Type B Type C Type D-1 Type D-2 Amount

2584.00 40.00 576.00 3200.00

163.57 7.60 54.72 225.89

5133.63 74.40 1126.08 6334.11

335.31 15.58 112.18 463.07

10496.04 147.02 2283.98 12927.04

695.98 32.34 232.83 961.15

21765.27 299.90 4718.32 26783.49

1453.38 67.53 486.21 2007.12
 34445.82 451.16 7382.70 42279.67
2348.05 109.10 785.52 3242.67

32097.76 342.06 6597.17 39037.00

2348.05 109.10 785.52 3242.67

29749.71 232.96 5811.65 35794.33

2348.05 109.10 785.52 3242.67

27401.66 123.86 5026.13 32551.65

2348.05 109.10 785.52 3242.67

( Rupees in Lacs )

F.Assets F.Assets F.Assets F.Assets Total

Type B-5 Type B-6 Type B-7 Type B-8 Amount

100.00 100.00 2584.00

6.33 6.33 163.57
 198.67 198.67 5133.63
12.98 12.98 335.31

406.19 406.19 10496.04

26.93 26.93 695.98

842.31 842.31 21765.27

56.25 56.25 1453.38

1333.04 1333.04 34445.82

90.87 90.87 2348.05

1242.18 1242.18 32097.76

90.87 90.87 2348.05

1151.31 1151.31 29749.71

90.87 90.87 2348.05

1060.44 1060.44 27401.66

90.87 90.87 2348.05
 ( Rupees in Lacs )

F.Assets F.Assets F.Assets F.Assets Total

Type B Type C Type D-1 Type D-2 Amount

2584.00 40.00 576.00 3200.00

387.60 16.00 57.60 461.20

4909.60 66.00 1123.20 6098.80

736.44 26.40 112.32 875.16

9870.88 127.80 2280.96 12279.64

1480.63 51.12 228.10 1759.85

20355.46 76.68 4720.03 25152.17

3053.32 30.67 472.00 3556.00

31436.06 264.80 7398.62 39099.48

4715.41 105.92 739.86 5561.19

26720.65 158.88 6658.76 33538.29

4008.10 63.55 665.88 4737.53

22712.55 95.33 5992.88 28800.76

3406.88 38.13 599.29 4044.30

19305.67 57.20 5393.59 24756.46

2895.85 22.88 539.36 3458.09
 ( Rupees in Lacs )

F.Assets F.Assets F.Assets F.Assets Total

Type B-5 Type B-6 Type B-7 Type B-8 Amount

100.00 100.00 2584.00

15.00 15.00 387.60

190.00 190.00 4909.60

28.50 28.50 736.44

382.00 382.00 9870.88

57.30 57.30 1480.63

787.75 787.75 20355.46

118.16 118.16 3053.32

1216.57 1216.57 31436.06

182.49 182.49 4715.41

1034.08 1034.08 26720.65

155.11 155.11 4008.10

878.97 878.97 22712.55

131.85 131.85 3406.88

747.12 747.12 19305.67

112.07 112.07 2895.85
 ( Rupees in Lacs )

Operating Years
2028-29 2029-30 2030-31 2031-32

12796.55 15871.02 19239.36 22916.94

3242.67 3242.67 3242.67 3242.67

5561.19 4737.53 4044.30 3458.09
 0.50 0.50 0.50 0.50
10477.53 14375.66 18437.23 22701.02

10477.53 14375.66 18437.23 22701.02

3661.27 5023.43 6442.71 7932.64

ing Inter est on Ca pital to Partners

deductibl e slab ra tes, as g iven.