KHADI & V.I.

COMMISSION
PROJECT AT A GLANCE - TOP SHEET
1

Name of the Entreprenuer

Suvid Vijay Fadanvis

Constitution (legal Status)

Individual

Father's/Spouce's Name

Vijay Dinkarrao Fadanvis

Unit Address

Product and By Product

Cost of Project

Means of Finance
Term Loan
KVIC Margin Money
Own Capital

: Ras Agro Processors

99, Village- Hudpa, Post- Adam
Taluk/Block: Kuhi
Nagpur
District :
441210
Pin:
State:
7276490208
Phone
fadanvissuvid@gmail.com
E-Mail
Chilli powder, Turmeric powder, Mixed Spices
:

Rs. 2,000,000

Rs. 1,800,000.00
Rs. 500,000.00
Rs. 200000.00

Debt Service
Coverage Ratio

2.14

Pay Back Period

10

Project
Implementation
Period

12

11

Break Even Point

56.68%

12

Employment

Years

Months

13

Power Requirement

14

Major Raw materials

15

Estimated Annual
Sales Turnover

10 HP

Chilli powder,Turmeric powder,Mixed Spices

Rs. 7400000.00

Maharashtra

mail.com

er, Mixed Spices

er,Mixed Spices

COST OF PROJECT
A.
a.

Land

b. Machinery
Pulverizer with motor and accessories
Mixer
Packing machine
Generator
Total
d. Preliminary & Pre-operative Cost :
e. Furniture & Fixtures

Qty.
3
1
1
1

Rate
32000.00
40000.00
150000.00
60000.00

Rs. 300000.00

f. Contingency/Others/Miscellaneous

Rs. 4787.00

Total Capital Expenditure

Rs. 780787.00

:
:

Total Cost Project

Means of Financing
Own Contribution
Bank Finance
Term Loan
Working Capital
Total

Amo

Rs. 130000.00
:

Working Capital

3.1

Fixed Capital Investment

685
Rented

Rs. 1219213.00

Rs. 2000000.00

:
10%
:

Rs. 200000.00

90%
Rs. 702708.00
Rs. 1097292.00
Rs. 1800000.00

Margin Money (Govt. Subsidy) From KVIC

25%
Rs. 500000.00
Margin Money Subsidy received From KVIC will be kept in term deposit as p
PMEGP in the name of Beneficiary for three years in the financing br

nt
Rented

Amount in Rs.

30000.00

00000.00

787.00

80787.00

219213.00

000000.00

00000.00

02708.00
097292.00

800000.00

00000.00
in term deposit as per norms of
s in the financing branch.

96000.00
40000.00
150000.00
60000.00
346000.00

STATEMENT SHOWING THE REPAYMENT OF TERM LOAN & WORKING CA

TERM LOAN

3.2

Year

Opening Balance

Installment

Closing Balance

1st
2nd
3rd
4th
5th
6th
7th
8th

702708
562166
421625
281083
140542
0
0
0

140542
140542
140542
140542
140542
0
0
0

562166
421625
281083
140542
0
0
0
0

WORKING CAPITAL
Year
1st
2nd
3rd
4th
5th
6th
7th
8th

3.3

Opening Balance

Installment

Closing Balance

1097292
219458
877834
877834
219458
658375
658375
219458
438917
438917
219458
219458
219458
219458
0
0
0
0
0
0
0
0
0
0
STATEMENT SHOWING THE DEPRECIATION ON FIXED ASSETS:
WORKSHED
Particulars
1st Year
2nd Year
3rd Year
Opening Balance
0
0
0
Depreciation
0
0
0
Closing Balance
0
0
0
MACHINERY
Opening Balance
346000
294100
249985
Depreciation
51900
44115
37498
Closing Balance
294100
249985
212487
TOTAL DEPRECIATION
Workshed
0
0
0
Machinery
51900
44115
37498
Total
51900
44115
37498

RM LOAN & WORKING CAPITAL :

Closing Balance
562166
421625
281083
140542
0
0
0
0

Closing Balance

877834
658375
438917
219458
0
0
0
0
ION ON FIXED ASSETS:
@
4th Year
0
0
0
@
212487
31873
180614
ON
0
31873
31873

Interest @

13.50%
94866
75892
56919
37946
18973
0
0
0

Interest @

13.50%
148134
118508
88881
59254
29627
0
0
0
60.00%
5th Year
0
0
0
15.00%
180614
27092
153522
0
27092
27092

4
4.1

Schedule of Sales Realization

Details of Sales

:
Rate/
Pair/Unit

Particulars of Product
0
Chilli Powder
Turmeric Powder
other Spices

100.00
140.00
160.00

No. of
Pair/Unit
30000
20000
10000

Total
4.2

Capacity Utilization of Sales

Particulars

1st Year

2nd Year

3rd Year

Capacity Utilization

70%

80%

90%

Sales / Receipts

5180000

5920000

6660000

Amount in Rs.

3000000.00
2800000.00
1600000.00
7400000.00

4th Year

5th Year

90%

90%

6660000

6660000

5
5.1

5.2

Production Cost
:
Rawmaterials
:
Particulars
Chilli powder
Turmeric powder
Mixed Spices
packing material for 100 g
200 gm
500 gm
Total
Wages
:
Particulars

Unit
kg
kg
kg
nug
nug
nug

Rate/unit Reqd.Unit
50.00
32000
70.00
22500
80.00
10600
0.65
300000
1.00
100000
1.50
20000

No. of
Worker

unskilled workers
Total

Wages
Per Month
4
4

4000.00

5.3

Repairs and Maintenance

5.4

Power and Fuel

Rs.

5.5

Other Overhead Expenses

Rs.

6
6.1

Administrative Expenses
Salary
production supervisor
Marketing manager
salesman

Total
6.2

Telephone Expenses

6.3

Stationery & Postage

6.4

Advertisement & Publicity

6.5

Workshed Rent

6.6

Other Miscellaneous Expenses

Total

Rs.

:
0
1
3
0
0
4

0.00
5000.00
4000.00
0.00
0.00

Amount in Rs.
1600000.00
1575000.00
848000.00
195000.00
100000.00
30000.00
4348000.00
Amount in Rs.
(Per Annum)
192000.00
192000.00
22200.00
148000.00
37000.00

0.00
60000.00
144000.00
0.00
0.00
204000.00
7400.00
7400.00
666000.00
60000.00
74000.00
1018800.00

Capacity Utilization of Manufacturing & Administrative Expenses :

Particulars
1st Year
2nd Year
Capacity Utilization
70%
80%
Manufacturing Expenses
Rawmaterials
3043600
3478400
Wages
134400
153600
Repairs & Maintenance
15540
17760
Power & Fuel
103600
118400
Other Overhead Expenses
25900
29600
Administrative Expenses
Salary
204000
204000
Postage Telephone Expenses
5180
5920
Stationery & Postage
5180
5920
Advertisement & Publicity
466200
532800
Workshed Rent
60000
60000
Other Miscellaneous Expenses
51800
59200
Total:
4115400
4665600
Assessment of Working Capital
:
Particulars
Sale
Manufacturing Expenses
Raw Material
Wages
Repair & Maintenance
Power & Fuel
Other Overhead Expenses
Production Cost
Administrative Cost
Manufacturing Cost
Working Capital Estimate
Element of Working Capital
Raw materials

:
No of Days
25

Basis
Material Cost

Stock in process

25

Production Cost

Finished goods

12

Manufacturing Cost

Receivable by

12

Manufacturing Cost

Total Working Capital Requirement

Per Cycle

:
3rd Year
90%

4th Year
90%

5th Year
90%

3913200
172800
19980
133200
33300

3913200
172800
19980
133200
33300

3913200
172800
19980
133200
33300

204000
6660
6660
599400
60000
66600
5215800

204000
6660
6660
599400
60000
66600
5215800

204000
6660
6660
599400
60000
66600
5215800

Amount in Rs.
7400000.00

4348000.00
192000.00
22200.00
148000.00
37000.00
4747200.00
1018800.00
5766000.00
Basis
Material Cost

Amount in Rs.
362333.00

Production Cost

395600.00

Manufacturing Cost

230640.00

Manufacturing Cost

230640.00

Per Cycle

1219213.00

9
9.1

Financial Analysis
Projected Profit & Loss Account :
Particulars
0 Year
Sales / Receipts
Manufacturing Expenses
Rawmaterials
Wages
Repairs & Maintenance
Power & Fuel
Other Overhead Expenses
Depreciation
Production Cost
Administrative Expenses
Salary
Postage Telephone Expenses
Stationery & Postage
Advertisement & Publicity
Workshed Rent
Other Miscellaneous Expenses
Administrative Cost
Interest on Bank credit @ 13.5%
Term Loan
Working Capital Loan
Cost of Sale
Net Profit Before Tax
Less Tax
Net Profit

9.2

1st Year
5180000
5180000

2nd Year
5920000
5920000

3043600
134400
15540
103600
25900
51900
3374940

3478400
153600
17760
118400
29600
44115
3841875

204000
5180
5180
466200
60000
51800
792360

214200
5920
5920
532800
60000
59200
878040

94866
148134
4410300
769700
0.00
769700

75892
118508
4914315
1005685
0.00
1005685

CALCULATION OF DEBT SERVICE CREDIT RATIO (D.S.C.R)

Particulars
0 Year
1st Year
Net Profit
769700
Add :
Depreciation
51900
TOTAL - A
821600
Payments :
On Term Loan :
Interest
94866
Installment
140542
On Working Capital
Interest
148134
TOTAL - B
383542
D.S.C.R = A/B
2.14

:
2nd Year
1005685
44115
1049800

75892
140542
118508
334942
3.13

Average D.S.C.R

2.14

3.13

3rd Year
6660000
6660000

4th Year
6660000
6660000

3913200
172800
19980
133200
33300
37498
4309978

3913200
172800
19980
133200
33300
31873
4304353

224910
6660
6660
599400
60000
66600
964230

236156
6660
6660
599400
60000
66600
975476

56919
88881
5420008
1239992
0.00
1239992

37946
59254
5377029
1282971
0.00
1282971

3rd Year
1239992

4th Year
1282971

37498
1277490

31873
1314844

56919
140542

37946
140542

88881
286342

59254
237742

4.46

5.53

4.46

5.53

9.3

PROJECTED BALANCE SHEET

Particulars
LIABILITIES :
Promoters Capital
Profit
Term Loan
Working Capital Loan
Current Liabilities
Sundry Creditors

:
0 Year

ASSETS :
Gross Fixed Assets :
Less : Depreciation
Net Fixed Assets
Preliminary & Pre-Op. Expenses
Current Assets
Cash in Bank/Hand
Total
9.4

9.5

CASH FLOW STATEMENT

Particulars
Net Profit
Add : Depreciation
Term Loan
Working Capital Loan
Promoters Capital
Total

1st Year

2nd Year

200000
769700
702708
1097292
0
0
2769700

200000
1005685
562166
877834
0
0
2645685

646000
51900
594100
130000
1097292
1078308
2769700

594100
44115
549985
97500
877834
1217866
2645685

1st Year
769700
51900
702708
1097292
200000
2821600

2nd Year
1005685
44115
562166
877834
0
2489800

:
0 Year

Total Fixed Capital Invested

780787

Repayment of Term Loan

Repayment of WC Loan
Current Assets
Total

140542
219458
1097292
1457292

140542
219458
877834
1237834

Opening Balance
Surplus
Closing Balance

0
1364308
1364308

1364308
1251966
2616274

BREAK EVEN POINT AND RATIO ANALYSIS :

Particulars
0 Year
1st Year
Fixed Cost
939126

2nd Year
998047

Variable Cost
Total Cost

3523074
4462200

3960383
4958430

Sales

5180000

5920000

Contribution (Sales-VC)

1656926

1959617

B.E.P in %

56.68%

50.93%

Break Even Sales in Rs.

2935962

3015099

29360

30151

1.82

1.58

14.86%

16.99%

Break Even Units

Current Ratio
Net Profit Ratio

3rd Year

4th Year

200000
1239992
421625
658375
0
0
2519992

200000
1282971
281083
438917
0
0
2202971

549985
37498
512487
73125
658375
1349130
2519992

512487
31873
480614
54844
438917
1283440
2202971

3rd Year
1239992
37498
421625
658375
0
2357490

4th Year
1282971
31873
281083
438917
0
2034844

140542
219458
658375
1018375

140542
219458
438917
798917

2616274
1339115
3955389

3955389

3rd Year
1058647

4th Year
1045295

1235927
5191316

4398858
5457506

4363607
5408902

6660000

6660000

2261142

2296393

46.82%

45.52%

3118155

3031566

31182

30316

1.30

0.96

18.62%

19.26%