MAHARAJA FOOD PRODUCTS

PVT.LIMITED

PRESENTS

DETAILED PROJECT REPORT ON

MUSHROOM NUGGETS

SUBMITTED TO : DEPARTMENT OF FOOD

SCIENCE AND TECHNOLOGY
COLLEGE OF AGRICULTURE

NAME – ROBIN GHOSH

ID - 54441
 CONTENTS
S.NO. TOPIC PAGE
NO.
1 Project at glance 1
2 Introduction 2
3 Critical analysis and nutritional benefits 3
of product
4 Details of company and project brief 4

5 Product 5
6 Project plan 6
7 Process flow chart of product 7
8 Raw material 9
9 Machinery and equipment 10
10 Manpower 11
11 Total fixed and variable cost 12
Means of finance and repayment 13
12
schedule
13 Financial analysis 14
14 Break even analysis 15
PROJECT AT A GLANCE
S.NO.5
Name of project
1
Maharaja Pvt.Ltd.
Location
2
Hajipur,Bihar
Mushroom
3 Product Nuggets
4 36000
Proposed product capacity
5 Area 1000sq.ft.
6 Total project cost 93.6 lakh
7 Term loan (@11%) 60 lakh
8 Subsidy (by moFPI) 10 lakh
9 Self investment 24 lakh
10 Break even point 5 years
 INTRODUCTION
The company is currently conducting a feasibility study of
starting a plan and manufacturing unit to produce
mushroom nuggets.
Mushroom Nuggets is a product that is loved and adored
by all, irrespective of their age. Whether kids, children,
men, or women, everyone enjoys eating nuggets during
snacks time. In addition to this, mushroom nuggets is not
an idea exploited to its full potential. The global
mushroom market size was valued at USD 7.3 billion in
2018, by - National Institute of Food Technology
Entrepreneurship and Management [NIFTEM]. Moreover, a
nuggets is a food product equally liked by childrens and
adults.
Therefore, there is an huge potential untapped by
entrepreneurs that can be taken advantage off.

Critical Analysis of the Chosen Product

. Mushroom Nuggets is highly nutritious and have a good
mouthfeel.
. Mushroom contain antioxidant properties which protects
our body from various diseases.
. Mushroom Nuggets are rare in market.
. Since the Nuggets Making Business can be started easily
with low investment, less space, basic and easily
available raw materials, and simple machinery and
equipment, hence choosing this business idea is a good
choice for the people looking forward to investing in a
business.

NUTRITIONAL BENEFITS
Mushroom Nuggets is a good source of protein, fiber, and
essential nutrients such as potassium , calcium , and
vitamin D.
Mushroom Nuggets contain antioxidants that help to
protect the body against various diseases.
DETAIL OF COMPANY

Name- Maharaja Food Products Pvt.Ltd.

Hajipur (Bihar)

PROJECT BRIEF

The proposed project located at Hajipur,Bihar .The plant

is located at ideal location with all necessary
infrastructure facilities to start a manufacturing plant .
The nearby areas are Patna , Chhapra,
Sonpur ,Muzaffarpur with good transportation facilities
all around .
PRODUCT

. The company intends to produce mushroom nuggets.

. Mushroom Nuggets is mainly consumed by youth and
health conscious people.
PROJECT PLAN

The company is planning to setup a processing and

manufacturing plant measuring around 50m2 area in
Hajipur,Bihar.
The main reason of setting up of processing plant in
Hajipur is easily availability of mushrooom of
required quality along with reasonable
prices ,alongwith good connectvity of roads and
market .

TIE -USP
Company is intending to enter into agreement with some
wholesalers of nearby locations and also want to target
local grocery stores .

PROJECT SCHEDULE
The company will start construction of processing plant
from June month and start procurment of machinary
From month of July.
The production will start from October/November
depending on maturity of mushroom.
Particulars
April-May June-August October
Incorporation
Of company
Approvals
Fund raising
Construction
of factory
shade
Machinary
procurement
Production
start
Packaging and
sale
STEPS
1.Clean the mushroom with cold
water.
2.Blanch the mushroom with
boiling water to increase shelf life,
3.Cut the mushroom into desired
size
4.Make a mixture of maida, red
chilli, pepper , oregano and salt.
5.Dip the mushroom slice into
mixture
6.Coat the pieces with breadcrumbs
7.Fry the pieces till 50 percent done
8.Cool down the nuggets and freeze
them.
9.Vacumn seal the packages to
increase shelf life upto 6 months.
RAW MATERIALS REQUIRED (PER DAY)
Particulars Estimated Quantity Price(Rs.)
cost(Rs.)
Mushroom 150 36000 5400000
Red chilli 500 540 270000
BlackPepper 350 540 189000
Oil 102 10800 1101600
270
Oregano 325 87750
Salt 28 540 15210
30 432000
14400 11880
Breadcrumbs 270 1485000
Ginger 44 27000
Powder
Maida 55

Packaging
material 100000 1 100000
Total 9092440

Total cost per annum -85.95 lakh Capacity of plant

when work at 100% capacity . But for initial 2 years

plant work at 70%efficiency . Total cost at 70%

=60.165lakh
MACHINERY AND EQUIPMENT

S.NO. Equipment Quantity Price (lakh)

Mushroom 20905
1 5
Slicer

2 Nuggets Coater 1 1050000

3 Frying Machine 3 105000

4 Packaging 1 291000
Machine
5 Labelling 250000
1
Machine
Weighing
6 Machine 1 850000
7 Conveyor Belt 4 100000
8

9 Total 2666905
SALES

No. of Packets -1000/day

Weight of Packets -200gm

Price of each Packet – Rs 30.

Daily sale -15000 Rs. Annual

sale -54 lakh Rs.

MAN POWER REQUIREMENT

S.NO. Designation No. Salary Total

(monthly) annually
(in lakh)
1 Operators 2 10,000 2.4
2 Technician 1 10,000 1.2
3 Store 0.96
1 8000
keeper
4 Accountant 1 12,000 1.44
5 Sales staff 2 12,000 2.88
Unskilled 5 4.8
6 labour 8000

• Total expenditure on salary Monthly

1.14 lakh
• Total expenditure on salary annually
13.68 lakh

Electric bill will be 1 lakh rupees per

annum.
GST 11% will be taken from the
customers.
Water charge 5000 rs per annum.
TOTAL FIXED COST
Land and building 2 lakh
Utilities and fitting 260000
2666905
Machinery and equipment
Miscellaneous 260000
Total 3386905

Total variable cost (first year)

Raw material 9092440
Miscellaneous and repair 270000
Total 9362440

Total project cost -93.6 lakh

94 lakh approx.
MEANS OF FINANCE
S.NO.
TYPE
Amount (in lakh)
Subsidy
1 10
(PMFME)
2 Loan 60
3 Self investment 24

REPAYMENT SCHEDULE (in lakh)

Year Total Principal Interest Unpaid
payment balance
1 60
2 16 10 6 50
3 15 10 5 40
4 14 10 4 30
5 13 10 3 20
6 12 10 2 10
7 11 10 1 0

Total amount paid -81 lakh

FINANCIAL ANALYSIS
Yea rYear Year Year 4 Year Year
1 2 3 4 5
Running - 70 90 90 90
80
capacity(%)
Working 71.61 80.56 80.56 80.56
62.66
capital(in
5
lakh)
Interest on 5 4 3
- 6 2
loan(in lakh)
1.175 1.05 0.945 0.935 0.92
Depriciation
(on
machinery@
10%/annum
)
1 0.95 0.90 0.85 0.81
Depriciation
(on civil work
@5%/annu
m)
Fixed cost 38.7 - - - - -

5
Salary - 13.68 14 15 15 15
Expenditure 84.52 92.61 101.40 100.3 99.29
(in lakh)
 Net 38.7 123.2 215.8 317.20 417.5 516.7
expenditure 5 7 8 5 9
- 90 102.8 115.71 115.7 115.7
Sales (in lakh) 5 1 1
Net sales (in 90 192.8 308.56 424.2 539.9
-
lakh) 5 7 8

Break even analysis

S.N Particulars Yea rYear Year Year Year Year
o. 1 2 3 4 5 6
Fixed cost 38.7 - - - - -
1
5
Expenditu 84.52 92.61 101.4 100.3 99.29
2 -
re 0
3 Net 38.7 123.2 215.8 317.2 417.5 516.7
expenditu 5 7 8 0 9
re
4 Net sale 90 192.8 308.5 424.2 539.
-
5 6 7 8
 fixed cost
operational cost
net expenditure
net sales

As evident from the graph , the company will achieve

the break even point somewhere around 5th year after
the start and 4th year of production .

FSSAI LICENSE

The firm will be registered under fssai and will

operate after aquiring a license .