PROJECT REPORT OF

M/S MAYA INDUSTRIES

INDEX
SR.
NO. PARTICULARS PG NO

2 COST OF PROJECT AND MEANCE OF FINANCE 1 TO 3

3 SALARY & OTHER 4 TO 5
4 DEPRECIATION WORKING 6
5 PROJECTED PROFITABILITY STATEMENT 7
6 COMPUTATION OF D.S.C.R. 8
7 PROJECTED CASH FLOW STATEMENT 9
8 PROJECTED BALANCE SHEET 10
9 RATIO ANALYSIS 11
10 BREAK EVEN ANALYSIS 12
11 INTEREST & REPAYMENT OF TERM LOAN 13-14
 PG 1

A) PROJECT COST DETAILS:

Value
Sr.No. PARTICULARS
1 Land -

TOTAL

2 BUILDING COST
Building Shed ,office & toilet block 10.00

TOTAL 10.00

3 Machinery
As per Quotation 54.00

TOTAL 54.00
Note : Quotation attached

4 Working Capital 30.00

TOTAL 30.00

B) ELECTRIFICATION Power from MSEB

C) TECHNICAL KNOWHOW Indigenious

D) UTILITIES Water is required for Domestic purpose

only & Machine Cooling
E) IMPLEMENTATION SHEDULE WITH CHART PG 2
Market Survey,ties ups and obtaining quotations 0 Days
Selection of site & Acquisition of Land 0 Days
Preparation of Project Report 0 Days
Land Development 0 Days
Construction of Factory Building 0 Days
Placement of Order of Machinery 0 Days
Receipt & Installation of Machinery Simultaneously 40 Days
Preocurement of Raw Material 5 Days
Trial Production 5 Days
Commercial Production 5 Days

F) FINANCIAL ANALYSIS
PROFITABILITY STATEMENT As Per Attached Statement
CASH FLOW / FUND FLOW STATEMENT AS Per Attached Statement
BALANCE SHEET AS Per Attached Statement
DEBT SERVISING RATIO AS Per Attached Statement
RATIO ANALYSIS AS Per Attached Statement
BREAK EVEN POINT AS Per Attached Statement

G) EXTRA LAND REQUIREMENT NOT APPLICABLE

H) FOR EXPANSION OF PROJECT NOT APPLICABLE

 PG 3
I) COST OF THE PROJECT
Sr. No. Particulars Rs
1 Land & Development -

2 Building & Other Civil Work 10.00

3 Plant & Machinery 54.00

4 Electrical Fitting 6.00

5 Working Capital 30.00

100.00

J) MEANS OF FINANCING:

SR.NO. PARTICULARS Rs

1 Promoters capital 10.00

2 Bank term loan 63.00
3 Bank CC 27.00
TOTAL 100.00

Note:
PMEGP Margine Money 35% 17.50

K) DETAILS OF CAPICITY UTILISATION & PRODUCTION PROGRAMME &

SELLING PRICE

Capacity of the machinery is (Qty) 200 Raw Banana Kg /8 Hr

Days per year 300 Days/year
Production/year 60,000 Kg/Year
Yield 40%
Production/year Finished Goods 24000 Chips KG/year
Selling Price (RS) 180 Rs/Kg
Sale Value 1,08,00,000

L) FOLLOWING ARE THE DETAILS OF PLANT CAPICITY UTILISATION

Capacity utilisation in the 1st Year 70%

Capacity utilisation in the 2nd Year 75%
Capacity utilisation in the 2rd Year 80%
 Rs In Lakhs
SALARIES & WAGES PG 4
PARTICULARS NO OF UNITS 1 ST YEAR 2ND YEAR 3RD YEAR
ONWARDS
Nos. YEARLY
FIXED SALARY AT 100% 70% 75% 80%
Executives
Production Engineer 0 0

Administrative
Clerk & Accountants 1 1.02
Office Boy 0 0.9
Security Guard 1 1.8

FIXED TOTAL 2 3.72 3.72 2.604 2.79 2.976

WAGES Nos.
Variable
Supervisory
Machine Operators 0 1.2
Skilled Labour
Skilled Worker 2 2.16
Unskilled Labour
Unskilled Worker 8 3.6
Variable Total 10 6.96 6.96 4.176 5.1156 6.13872

GRAND TOTAL 12 10.68 10.68 6.78 7.9056 9.11472

 PG 5

ELECTRICITY & POWER/FUEL Rs In Lakhs

Power 3.57 2.14 2.50 2.86

(1 HP =.75 Units/hour)

ADMINISTRATIVE & OTHER EXPENSES

a. Printing & Stationary 0.5
b. Travelling Expenses 0.6
c. Postage & Telephone 0.2
d. Rent, Rates & Taxes 0.5
e. Misc. other Expenses 0.5
f. Legal/Professional Charges 0.25
2.55 2.55 2.55 2.55
DEPRECIATION PG 6
Rs In Lakhs
Sr. PARTICULARS YEARS
No 1 2 3 4 5 6 7

1 Factory Building 10% 10.00 9.00 8.10 7.29 6.56 5.90 5.31
Depreciation rate 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%
Depreciation amt 1.00 0.90 0.81 0.73 0.66 0.59 0.53
Asset(Net) 9.00 8.10 7.29 6.56 5.90 5.31 4.78

2 Plant & Machinery 15% 54.00 45.90 39.02 33.16 28.19 23.96 20.37
Depreciation rate 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00%
Depreciation amt 8.10 6.89 5.85 4.97 4.23 3.59 3.05
Asset(Net) 45.90 39.02 33.16 28.19 23.96 20.37 17.31

3 Elctrification 10% 6.00 5.40 4.86 4.37 3.94 3.54 3.19

10% 10% 10% 10% 10% 10% 10%
0.60 0.54 0.49 0.44 0.39 0.35 0.32
5.40 4.86 4.37 3.94 3.54 3.19 2.87

4 Preoperative Exp 15% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
(Allocated to fixed 15% 15% 15% 15% 15% 15% 15%
Assets Machinery) 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00

5 Factory Land - - - - - - -
TOTAL DEPRECIATION 9.70 8.33 7.15 6.14 5.28 4.54 3.91
TOTAL WDV 60.30 51.98 44.83 38.69 33.41 28.87 24.96
PROJECTION OF PERFORMANCE,PROFITABILITY STATEMENT Rs in Lakhs
PG 7
Sr. PARTICULARS YEARS
No 1 2 3 4 5 6 7

A % Capicity Utilasition 70% 80% 90% 90% 90% 90% 90%

B Sales 75.6 90.7 107.2 112.5 118.1 124.1 130

Total 76 91 107 113 118 124 13

Less:Opening Stock - 30 32 33 35 36 3

Less:Purchase & direct Expenses 56 33 39 41 43 45 4

Less:Closing Stock 30 32 33 35 36 38 4

Gross profit 49 59 70 73 77 81 8
49.14 58.968 69.65595 73.13875 76.79568 80.63547 84.667
- - - - - - -
C Cost of Production
Salaries & Wages 6.78 7.91 9.11 10.03 11.03 12.13 13.3
Power & Fuel 2.14 2.50 2.86 3.14 3.46 3.80 4.1
Repair &maintenance 0.38 0.45 0.54 0.59 0.65 0.71 0.7
Insurance 0.75 0.75 0.75 0.75 0.75 0.75 0.7
Administrative 2.55 2.55 2.55 2.55 2.55 2.55 2.5
Advertisement Exp 4.54 5.44 6.43 6.75 7.09 7.44 7.8
Packing & Transportation Exp 3.78 4.54 5.36 5.63 5.91 6.20 6.5
Depreciation 9.70 8.33 7.15 6.14 5.28 4.54 3.9
Total Cost of production 30.62 32.46 34.74 35.57 36.71 38.13 39.8

F Interest on
Term Loan 6.98 5.90 4.82 3.74 2.66 1.58 0.5
Bank CC 2.70 2.70 2.70 2.70 2.70 2.70 2.7

9.68 8.60 7.52 6.44 5.36 4.28 3.2

H Profit before Tax 8.85 17.91 27.40 31.13 34.73 38.23 41.6

I Provision for Taxation 1.77 3.58 5.48 6.23 6.95 7.65 8.3

J Net Profit 7.08 14.33 21.92 24.90 27.79 30.58 33.3

 PG 12
BREAK EVEN ANALYSIS AT 90% CAPACITY LEVEL:
Rs In Lakhs
PARTICULARS Fixed Variable Total
Cost Cost Cost
Rs. Rs. Rs.

A Sales 107.16

B Expenses
Raw Material Consumption 39.08
Salaries & Wages 6.14 2.98
Power & Fuel 2.86
Repair &maintenance 0.54
Insurance 0.75
Administrative 2.55
Advertisement Exp 6.43
Packing & Transportation Exp 5.36
Term Loan 4.82
Bank CC 2.70

14.25 59.94 -

Break Even Point = Fixed Cost * 100

Sales-Variable Cost

Break Even Point = 14.25 = 30%

*100
47.23

Break Even Sales = 53.49 Lakhs

 PG 8
CALCULATION OF DEBT SERVICE COVERAGE RATIO

PARTICULARS YEARS
1 2 3 4 5 6 7
COVER AVAILABLE
Net Profit after tax 7.1 14.3 21.9 24.9 27.8 30.6 33.3
Add: depreciation 9.7 8.3 7.1 6.1 5.3 4.5 3.9
Term Loan Interest 7.0 5.9 4.8 3.7 2.7 1.6 0.5

23.8 28.5 33.9 34.8 35.7 36.7 37.7

SERVICE OBLIGATION
Term Loan Interest 7.0 5.9 4.8 3.7 2.7 1.6 0.5
Term Loan Instalment 9.0 9.0 9.0 9.0 9.0 9.0 9.0

16.0 14.9 13.8 12.7 11.7 10.6 9.5

D.S.C.R. 1.5 1.9 2.5 2.7 3.1 3.5 4.0

AVERAGE D.S.C.R. 2.7

 PG 9
Rs In Lakhs
PROJECTED CASH FLOW STATEMENT

PARTICULARS Starting YEARS

1 2 3 4 5 6 7
INFLOW OF FUND

Increase in Share capital 7.0 3.0

Increase in Term Loan 63.0

Increase in CC 27.0

Net Profit after Tax 7.1 14.3 21.9 24.9 27.8 30.6 33.3

Depreciation 9.7 8.3 7.1 6.1 5.3 4.5 3.9

TOTAL SOURCES 70.0 46.8 22.7 29.1 31.0 33.1 35.1 37.2

OUTFLOW OF FUND

Increase in Capital Exp. 70.0

Increase in Inventories - 30.0 1.5 1.6 1.7 1.7 1.8 1.9

Increase in receivable 5.5 8.0 10.0 4.0 1.5 3.6 6.0

Term Loan repayment 9.0 9.0 9.0 9.0 9.0 9.0 9.0

Promotor Withdrawal 1.2 3.2 4.2 6.0 11.5 12.0 13.0

Increase in Current assets 3.0 9.0 8.0 7.0 6.0

TOTAL DISPOSITION 70.0 45.7 21.7 27.8 29.7 31.7 33.4 35.9

Opening Balance - - 1.1 2.0 3.3 4.7 6.0 7.7

Net Surplus - 1.1 1.0 1.3 1.4 1.3 1.7 1.3

Closing Balance - 1.1 2.0 3.3 4.7 6.0 7.7 9.0

 PG 10
Rs In Lakhs
PROJECTED BALANCE SHEET AT THE END OF

PARTICULARS Starting 1 2 3 4 5 6 7
A)Capital and Liabilities:
Equity/Capital 7.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0

Reserves/Surplus 5.9 17.0 34.7 53.6 69.9 88.5 108.8

Bank Term Loan 63.0 54.0 45.0 36.0 27.0 18.0 9.0 -

Bank CC - 27.0 27.0 27.0 27.0 27.0 27.0 27.0

TOTAL 70.0 96.9 99.0 107.7 117.6 124.9 134.5 145.8

B) Fixed Assets
Gross Block 70.0 70.0 60.3 52.0 44.8 38.7 33.4 28.9
Depreciation - 9.7 8.3 7.1 6.1 5.3 4.5 3.9
Net Block 70.0 60.3 52.0 44.8 38.7 33.4 28.9 25.0

C)Current Assets
Inventories - 30.0 31.5 33.1 34.7 36.5 38.3 40.2
Receivables - 5.5 13.5 23.5 27.5 29.0 32.6 38.6
Other current assets - - 3.0 12.0 20.0 27.0 33.0
cash/Bank balance 1.1 2.0 3.3 4.7 6.0 7.7 9.0

TOTAL 70.0 96.9 99.0 107.7 117.6 124.9 134.5 145.8

Note: - - - - - -
Projection on the basis of Information provided by the client.
 PG 11

RATIO ANALYSIS FOR THE PROJECT

PARTICULARS Starting YEAR
1 2 3 4 5 6 7
A DEBT EQUITY RATIO
Long Term Debt ### 54.0 45.0 36.0 27.0 18.0 9.0 -
Capital Employed 7.0 15.9 27.0 44.7 63.6 79.9 98.5 118.8
3.4 1.7 0.8 0.4 0.2 0.1 -

B CURRENT RATIO
Current Assets - 36.6 47.0 62.9 78.9 91.5 105.6 120.8
Current Liabilities - 27.0 27.0 27.0 27.0 27.0 27.0 27.0
1.4 1.7 2.3 2.9 3.4 3.9 4.5

C GROSS PROFIT RATIO

Gross Profit 49.1 59.0 69.7 73.1 76.8 80.6 84.7
Sales 75.6 90.7 107.2 112.5 118.1 124.1 130.3
65.0 65.0 65.0 65.0 65.0 65.0 65.0

D NET PROFIT RATIO

Net Profit before Tax 8.8 17.9 27.4 31.1 34.7 38.2 41.6
Sales 75.6 90.7 107.2 112.5 118.1 124.1 130.3
11.7 19.7 25.6 27.7 29.4 30.8 32.0
Term Loan Amount : 63.00 PG 13
Rate of Interest : 10.00% Rs In Lakhs
Repayment : 84 Monthly Instalment

Year Months Principal Repayment Closing Bal. Interest

1 1 63.00 0.75 62.25 0.62

2 62.25 0.75 61.50 0.62
3 61.50 0.75 60.75 0.61
4 60.75 0.75 60.00 0.60
5 60.00 0.75 59.25 0.59
6 59.25 0.75 58.50 0.59
7 58.50 0.75 57.75 0.58
8 57.75 0.75 57.00 0.57
9 57.00 0.75 56.25 0.56
10 56.25 0.75 55.50 0.56
11 55.50 0.75 54.75 0.55
12 54.75 0.75 54.00 0.54
9.00 7

Year Months Principal Repayment Closing Bal. Interest

2 1 54.00 0.75 53.25 0.53

2 53.25 0.75 52.50 0.53
3 52.50 0.75 51.75 0.52
4 51.75 0.75 51.00 0.51
5 51.00 0.75 50.25 0.50
6 50.25 0.75 49.50 0.50
7 49.50 0.75 48.75 0.49
8 48.75 0.75 48.00 0.48
9 48.00 0.75 47.25 0.47
10 47.25 0.75 46.50 0.47
11 46.50 0.75 45.75 0.46
12 45.75 0.75 45.00 0.45
9.00 6

Year Months Principal Repayment Closing Bal. Interest

2 1 45.00 0.75 44.25 0.44

2 44.25 0.75 43.50 0.44
3 43.50 0.75 42.75 0.43
4 42.75 0.75 42.00 0.42
5 42.00 0.75 41.25 0.41
6 41.25 0.75 40.50 0.41
7 40.50 0.75 39.75 0.40
8 39.75 0.75 39.00 0.39
9 39.00 0.75 38.25 0.38
10 38.25 0.75 37.50 0.38
11 37.50 0.75 36.75 0.37
12 36.75 0.75 36.00 0.36
9 4.82
Year Months Principal Repayment Closing Bal. Interest Year Months Pri

4 1 36 0.75 35.25 0.35 7 1

2 35 0.75 34.50 0.35 2
3 35 0.75 33.75 0.34 3
4 34 0.75 33.00 0.33 4
5 33 0.75 32.25 0.32 5
6 32 0.75 31.50 0.32 6
7 32 0.75 30.75 0.31 7
8 31 0.75 30.00 0.30 8
9 30 0.75 29.25 0.29 9
10 29 0.75 28.50 0.29 10
11 29 0.75 27.75 0.28 11
12 28 0.75 27.00 0.27 12
9 4

Year Months Principal Repayment Closing Bal. Interest

5 1 27 0.75 26.25 0.26

2 26 0.75 25.50 0.26
3 26 0.75 24.75 0.25
4 25 0.75 24.00 0.24
5 24 0.75 23.25 0.23
6 23 0.75 22.50 0.23
7 23 0.75 21.75 0.22
8 22 0.75 21.00 0.21
9 21 0.75 20.25 0.20
10 20 0.75 19.50 0.20
11 20 0.75 18.75 0.19
12 19 0.75 18.00 0.18
9 2.66

Year Months Principal Repayment Closing Bal. Interest

6 1 18 0.75 17.25 0.17

2 17 0.75 16.50 0.17
3 17 0.75 15.75 0.16
4 16 0.75 15.00 0.15
5 15 0.75 14.25 0.14
6 14 0.75 13.50 0.14
7 14 0.75 12.75 0.13
8 13 0.75 12.00 0.12
9 12 0.75 11.25 0.11
10 11 0.75 10.50 0.11
11 11 0.75 9.75 0.10
12 10 0.75 9.00 0.09
9 1.58