MINAKSHI SWEETS

Project Report

Sr. No. Particular

1 Glance
2 Bio-Data
3 Sals Realization
4 Flow Chart
5 Cost Estimate of Plant And Machinery
6 Details of Preliminary and preoprative Exp.
7 Tentative Layout
8 Power
9 Miscellaneous Fixed Assets
10 Man Power and Wages
11 Organisation Flow Chart
12 Capacity and Raw Material
13 Profit and Loss
14 Working capita interest
15 Depriciation
16 Estimate of Administrative Exp.
17 Interest on term loan
18 Cash flow
19 Balance Sheet
20 DSCR
21 BEP
 Annexture-T-I
MINAKSHI SWEETS

BIO-DATA OF PROMOTER
PROPRIETOR SHRI HEMRAJ FUNDE

Sr. No. Particulars Details

1 Name SHRI HEMRAJ GANGARAMJI FUNDE

2 Father Name SHRI GANGARAMJI FUNDE

3 Age 35YEARS

4 Qualification 11TH PASS

AT SINDHITOLA POST THILKHEDI,
5 Factory Address
TAL. SALEKASA
AT SINDHITOLA POST THILKHEDI,
6 Residential Address
TAL. SALEKASA

7 Experience 2 YEARS RICH EXP.

 Annexture T-II
MINAKSHI SWEETS
ANNUAL SALES REALISATION (AT 100% CAPACITY UTILISATION

Sr. No. Particular Quantity Rate/Pcs Amount

1 70pcs Jar 137140.00 57 78.17
Total 137140.00 78.17

Total 78.17
Note: 1 jar containing 70pcs of laddus

Annual Sales at 60% Capacity utilisation 82284.00 46.90

Annual Sales at 65% Capacity utilisation 89141.00 50.81
Annual Sales at 70% Capacity utilisation 95998.00 54.72
Annual Sales at 75% Capacity utilisation 102855.00 58.63
Annual Sales at 80% Capacity utilisation 109712.00 62.54
Annual Sales at 85% Capacity utilisation 116569.00 66.44
 ANNEXURE T-IV
MINAKSHI SWEETS

COST ESTIMATED OF PLANT AND MACHINERY

Amount
Sr. No. Particular Qty.
(Rs. Lacs)

As per
1 Laddu Macking Machine 3.5
Quotation

Transportation, Installation and

Add Errection charges, Loading, 0.1
Unloading, Insurance etc.

Total 3.6
 ANNEXURE T-V
MINAKSHI SWEETS

DETAILS OF PRELIMINARY AND PREOPERATIVE EXPENSES

Amount
Sr. No. Particular
(Rs. Lacs)
Interest during the implementation
period, M.S.E.B. deposit &
deposits with Govt. Department
1 0.1
Mortgage K.V.I.C. Registration
charges Start up and
Miscellaneous expenses.
Total 0.1

Out of 4 Months implementation period interest has been

calculated for a period of Two Months on the assumption that
the loan will be availed in the Middle stages.
 ANNEXURE T-VI
MINAKSHI SWEETS
TENTATIVE LAYOUT

Sr. No. Particulars Descriptions

1 Location AT SINDHITOLA POST THILKHEDI,

TAL. SALEKASA
2 Land Land having area.1000SQ. FT.

3 Transportation Facilities The site is situated at Village

Sindhitola Tal. Salekasa & District
Gondia (M.H.) beside the Tar road.
4
Infrastructure facilities

4.1 Power 1 H.P. from nearest M.S.E.B.

substation.
4.2 Water Drinking water will be available from
the well already situated beside the
site.
5 Other facility the Bank,Post Available.
office, Hospital etc.
 ANNEXURE T-VII
MINAKSHI SWEETS

ESTIMATE OF ANNUAL POWER LOAD

Sr. No. Particular Details

POWER REQUIRMENTS :
1 Annual Load 1 h.p.

2 Load Utilised 1 H.P.

CALCULATION OF POWER :

1 Power Factor 0.746

2 Annual Power consumption 1791 Units

3 Rate 5.5 per unit

4 Annual Power expenditure 9850.5 Rs.

Annual Sales at 100% Capacity utilisation 0.10 Lacs

Annual Sales at 60% Capacity utilisation 0.06 Lacs

Annual Sales at 65% Capacity utilisation 0.06 Lacs

Annual Sales at 70% Capacity utilisation 0.07 Lacs

Annual Sales at 75% Capacity utilisation 0.07 Lacs

Annual Sales at 80% Capacity utilisation 0.08 Lacs

Annual Sales at 85% Capacity utilisation 0.08 Lacs

 ANNEXURE T-VIII
MINAKSHI SWEETS

COST ESTIMATE OF MISCELLANEOUS FIXED ASSETS :

Amount
Sr. No. Particular
(In lacs)

1 Shed, Furniture 0.5

Total 0.5
 ANNEXURE T-IX
MINAKSHI SWEETS

MAN POWER REQUIREMENT AND ESTIMATES OF ANNUAL

SALARY AND WAGES BILLS

Amount per Amount

Sr. No. Particular No.s
month payment

PRODUCTION STAFF

1 Supervisor, Operator. 1 3000 0.36

2 Semiskilled worker 1 2500 0.3

3 Unskilled labour 2 2000 0.48

Total 4 1.14

Add 10% towards social benefits 0.11

Total Salary 1.25

0.3 lacs Rs. Increase every year

 ANNEXURE T- XI

MINAKSHI SWEETS

Capacity Estimate of the Plant and Machinary

The Capacity of the Laddu Making Machine 4000 Pcs per hour.
Hence Annual Capacity Based on single shift working for 300 days will be
No. of days 300 days
No. of Shift 1 Shift
Pcs. Per Hour 4000 lts
No. of Hours Per Day 8 Hours per day
Total Production per Annum 9600000 Pcs. per annum

MINAKSHI SWEETS
Rs. In Lacs
Cost Estimate of annual Raw Material Requirments

Particulars Quantity Rate Amount

Besan(KG) 25948.8 50 12.9744
Sugar (In Kg) 51888.8 30 15.56664
Ghee (KG) 15571.2 140 21.79968
Oil (Kg) 2592 70 1.8144
Plastic Packing Jar 137140 10 13.714
Box Packing 4500 25 1.125
Jar Packing Label 137140 0.5 0.6857
- -
Total 67.67982

Raw Material Required Rs. In lacs

At 60% Capacity 40.61
At 65% Capacity 43.99
At 70% Capacity 47.38
At 75% Capacity 50.76
At 80% Capacity 54.14
At 85% Capacity 57.53
 ANNEXURE - FI
MINAKSHI SWEETS

PROFITABILITY PROJECTIONS
Rs. In Lacs
Particulars Year 1 Year 2 Year 3 Year 4 Year 5
No. of working days 300 300 300.00 300.00 300.00
No. of shifts 1 1 1 1 1
Installed capacity (In pcs) 9600000 9600000 9600000 9600000 9600000
Capacity utilisation 60% 65% 70% 75% 85%
Production quantity (In pcs) 5760000 6240000 6720000 7200000 8160000
SALES :- 46.90 50.81 54.72 58.63 66.44
COST OF PRODUCTION
Raw Material 40.61 43.99 47.38 50.76 57.53
Power 0.06 0.06 0.07 0.07 0.08
Wages including benefits 1.25 1.55 1.85 2.15 2.45
Repair & Maintenance 1 1 1.10 1.10 1.20
Spare & Stores 0.2 0.2 0.25 0.25 0.30
Insurance 0.1 0.1 0.1 0.1 0.1
Depreciation 0.54 0.46 0.39 0.33 0.28
TOTAL :- 43.76 47.37 51.14 54.77 61.95
ADMINISTRATIVE EXPENSES.
Other expenses 1.24 1.34 1.44 1.54 1.64
TOTAL :- 1.24 1.34 1.44 1.54 1.64
FINANCIAL EXPENSES.
Interest on Cash Credit 0.06 0.06 0.06 0.06 0.06
Interest on term loan 0.39 0.31 0.22 0.13 0.05
TOTAL :- 0.45 0.37 0.28 0.19 0.11
GRANT TOTAL (B+C+D) : 45.46 49.08 52.86 56.50 63.69
OPERATING PROFIT (A-E) 1.45 1.73 1.86 2.12 2.75
P&P EXPENSES WRITTEN OFF 0.02 0.02 0.02 0.02 0.02
PROFIT BEFORE TAX 1.43 1.71 1.84 2.10 2.73
TAXATION 0.00 0.00 0.00 0.01 0.07
PROFIT AFTER TAX 1.43 1.71 1.84 2.09 2.66
CUMULATIVE PROFIT 1.43 3.14 4.98 7.07 9.73
 ANNEXURE FII
MINAKSHI SWEETS

ESTIMATES OF WORKING CAPITAL AND MARGIN MONEY REQUIREMENT AND

CALCULATION OF WORKING CAPITAL INTEREST
Rs. Lacs
Period in
Sr. No. Ist year Iind year IIIrd Year Ivth Year Vth Year
Days
Raw Materials 8 1.08 1.17 1.26 1.35 1.53
Pani Pouch, Bottle,cap,& others

Finished goods 7 1.01 1.09 1.18 1.27 1.44

Receivable 0.43 0.50 0.55 0.55 0.55

TOTAL : 2.52 2.77 3.00 3.17 3.52
Less: Margin Money @10% for first year 0.25 0.50 0.73 0.90 1.25
Bank Finance @90% 2.27 2.27 2.27 2.27 2.27

CALCULATION OF INTEREST ON WORKING CAPITAL :

Year Amount Interest @ 12%
First year 0.00 0.00
Second year 0.00 0.00
Third year 0.00 0.00
Fourth year 0.00 0.00
Fifth year 0.00 0.00
 ANNEXURE FII
NEHA PLASTIC INDUSTRIES

ESTIMATES OF WORKING CAPITAL AND MARGIN MONEY REQUIREMENT AND

CALCULATION OF WORKING CAPITAL INTEREST
Rs. Lacs
Period in
Sr. No. Ist year Iind year IIIrd Year Ivth Year Vth Year
Days
Raw Materials 1 0.14 0.15 0.16 0.17 0.19
Pani Pouch, Bottle,cap,& others

Finished goods 1 0.25 0.27 0.29 0.32 0.34

Receivable 0.17 0.20 0.22 0.24 0.30

TOTAL : 0.56 0.62 0.67 0.73 0.83
Less: Margin Money @10% for first year 0.06 0.12 0.17 0.22 0.33
Bank Finance @90% 0.50 0.50 0.50 0.50 0.50

CALCULATION OF INTEREST ON WORKING CAPITAL :

Year Amount Interest @ 12%
First year 0.50 0.06
Second year 0.50 0.06
Third year 0.50 0.06
Fourth year 0.50 0.06
Fifth year 0.50 0.06
 MINAKSHI SWEETS

COMPUTATION OF DEPRECIATION
DEPRECIATION SCHEDULE
Rs. In Lacs

Plant &
Factory blog Total
Particulars Land Machinar
and Shed Rs.
y
Rate of Depreciation 0% 10% 15%
Opening WDV - - 3.60 3.60
Dep. For 1st Year - - 0.54 0.54
W.D.V. as on II Year - - 3.06 3.06
Dep. For 2st Year - - 0.46 0.46
W.D.V. as on III Year - - 2.60 2.60
Dep. For 3rd Year - - 0.39 0.39
W.D.V. as on IV Year - - 2.21 2.21
Dep. For 4th Year - - 0.33 0.33
W.D.V. as on V Year - - 1.88 1.88
Dep. For 5th Year - - 0.28 0.28
W.D.V. as on VI Year - - 1.60 1.60
Dep. For 6th Year - - 0.24 0.24
W.D.V. as on VII Year - - 1.36 1.36
 ANNEXURE FIV
MINAKSHI SWEETS

ESTIMATE OF ADMINISTRATIVE EXPENSES :

Amount
Sr. No. Paricular
(in Lacs)

1 Rent Rates & Taxes 0.1

2 Printing & Stationery 0.2

3 Postage & Telegramme 0.02

4 Legal & Audit Fees 0.15

5 Bank Commission & charges 0.15

6 Miscellaneous expenses. 0.1

7 Travelling expenses. 0.1

8 Telephone expenses. 0.05

9 Advertisement expenses. 0.2

10 Rate difference discount etc. 0.17

Total 1.24

0.1 Lakh increase in every year

 ANNEXURE FV
MINAKSHI SWEETS

BANK TERM LOAN

No. of Instailments 60 Nos
Loan Amount 3.10 Period of Installments Months
Rate 14% All the installments shall be of Rs. 0.0517 lacs each
Rs. In Lacs
Mth Total Principal
Quarter Loan amount Int
P.R Interest. repayment
1 3.10 0.05 0.04
2 3.05 0.05 0.04
3 3.00 0.05 0.03
4 2.95 0.05 0.03
5 2.89 0.05 0.03
6 2.84 0.05 0.03
7 2.79 0.05 0.03
8 2.74 0.05 0.03
9 2.69 0.05 0.03
10 2.64 0.05 0.03
11 2.58 0.05 0.03
12 2.53 0.05 0.03 0.39 0.62
13 2.48 0.05 0.03
14 2.43 0.05 0.03
15 2.38 0.05 0.03
16 2.33 0.05 0.03
17 2.27 0.05 0.03
18 2.22 0.05 0.03
19 2.17 0.05 0.03
20 2.12 0.05 0.02
21 2.07 0.05 0.02
22 2.02 0.05 0.02
23 1.96 0.05 0.02
24 1.91 0.05 0.02 0.31 0.62
25 1.86 0.05 0.02
26 1.81 0.05 0.02
27 1.76 0.05 0.02
28 1.71 0.05 0.02
29 1.65 0.05 0.02
30 1.60 0.05 0.02
31 1.55 0.05 0.02
32 1.50 0.05 0.02
 33 1.45 0.05 0.02
34 1.40 0.05 0.02
35 1.34 0.05 0.02
36 1.29 0.05 0.02 0.22 0.62
37 1.24 0.05 0.01
38 1.19 0.05 0.01
39 1.14 0.05 0.01
40 1.09 0.05 0.01
41 1.03 0.05 0.01
42 0.98 0.05 0.01
43 0.93 0.05 0.01
44 0.88 0.05 0.01
45 0.83 0.05 0.01
46 0.77 0.05 0.01
47 0.72 0.05 0.01
48 0.67 0.05 0.01 0.13 0.62
49 0.62 0.05 0.01
50 0.57 0.05 0.01
51 0.52 0.05 0.01
52 0.46 0.05 0.01
53 0.41 0.05 0.00
54 0.36 0.05 0.00
55 0.31 0.05 0.00
56 0.26 0.05 0.00
57 0.21 0.05 0.00
58 0.15 0.05 0.00
59 0.10 0.05 0.00
60 0.05 0.05 0.00 0.05 0.62
TOTAL - 3.10 1.10 1.10 3.10
 ANNEXURE FVI
MINAKSHI SWEETS

CASH FLOW STATEMENT

(Figures in Lacs)
IIIrd
S.No. Particulars Cost Ist Year Iind Year IVth Year Vth Year
Year

1 Opening Balance - 0.30 0.31 0.52 0.60 0.77

2 Net profit before tax and interest - 1.90 2.10 2.14 2.32 2.86
3 Enterprenuer contribution 0.40 - - - - -
4 Subsidy - 1.11 - - - -
5 Long term borrowing 3.10 - - - - -
6 Working capital Cash credit limit 0.50 0.00 0.00 0.00 - -
7 Deprecition - 0.54 0.46 0.39 0.33 0.28
TOTAL :- 4.00 3.85 2.87 3.05 3.25 3.91
1 Fixed Assets & Capital expenses. 3.70 - - - - -
2 Current assets - 0.56 0.06 0.05 0.05 0.10
3 F.D.R. under Bank lieu 1.11 - - - -
4 Repayment of long term borrowing - 0.62 0.62 0.62 0.62 0.62
5 Interest - 0.45 0.37 0.28 0.19 0.11
6 Expenditure on Development of business 0.40 0.50 0.60 0.60 0.70
7 Investment 0.40 0.80 0.90 1.00 1.50
8 Taxation - 0.000 0.000 0.000 0.010 0.070
TOTAL :- 3.70 3.54 2.35 2.45 2.48 3.10
CLOSING BALANCES : 0.30 0.31 0.52 0.60 0.77 0.81
 ANNEXURE FVII
MINAKSHI SWEETS

PROJECTED BALANCE SHEET

Particulars Cost Year 1 Year 2 Year 3 Year 4 Year 5

LIABILITIES
Enterprenuer capital 0.40 0.40 0.40 0.40 0.40 0.40
Reserve & Surplus - 1.43 3.14 4.98 7.07 9.73
Long term loan 3.10 2.48 1.86 1.24 0.62 -
Subsidy - 1.00 1.00 1.00 1.00 1.00
Working capital Cash Credit limit from
Bank. 0.50 0.50 0.50 0.50 0.50 0.50
Total 4.00 5.81 6.90 8.12 9.60 11.63

ASSETS
Gross fixed assets 3.60 3.60 3.06 2.60 2.21 1.88
Less: Depreciation & P&P Exp. - 0.54 0.46 0.39 0.33 0.28
Net Fixed Assets 3.60 3.06 2.60 2.21 1.88 1.60
Current Assets - 0.56 0.62 0.67 0.73 0.83
Advance to Raw Material suppliers - - - - - -
Expenditure on Development of business 0.40 0.90 1.50 2.10 2.80
Investment 0.40 1.20 2.10 3.10 4.60
F.D.R. under Bank lien - 1.00 1.00 1.00 1.00 1.00
Preliminary & Preoperative expenses. 0.10 0.08 0.06 0.04 0.02 -
Cash & Bank Balances 0.30 0.31 0.52 0.60 0.77 0.81
Total 4.00 5.81 6.90 8.12 9.59 11.63
 ANNEXURE FVIII
MINAKSHI SWEETS

CALCULATION OF DEBT SERVICE COVERAGE RATIO

IIIrd IVth
S.No. Description Ist Year IInd Year Vth Year TOTAL
Year Year

1 Net profit afte tax 1.43 1.71 1.84 2.09 2.66 9.73
2 Interest on term loan 0.39 0.31 0.22 0.13 0.05 1.10
3 Depreciation 0.54 0.46 0.39 0.33 0.28 2.00
TOTAL :- 2.36 2.48 2.45 2.56 2.99 12.84

4 Repayment of term loan 0.62 0.62 0.62 0.62 0.62 3.10

5 Interest on term loan 0.45 0.37 0.28 0.19 0.11 1.40
TOTAL :- 1.07 0.99 0.90 0.81 0.73 4.50

Average D.S.C.R. = 2.85

 ANNEXURE FIX
MINAKSHI SWEETS

BREAK EVEN ANALYSIS AND SELECTED RATIO

DEBT EQUITY RATIO :

DEBT EQUITY
Particular Amount Particular Amount
Long term loan 3.10 Enterprenuer contribution 0.4
Subsidy (Margin Money) 1.11
Total 3.10 Total 1.51

Debt Equity Ratio 2.05

BREAK EVEN POINT ANALYSIS ON IIIrd YEAR WORKING AT 70% CAPACITY:

Amount
Sr. No. Particular
(in lacs)
1 Depreciation 0.39
2 Interet on term loan 0.22
3 Repairs and Maintenance and stores and spares (50%) 0.68
4 Administrative salary & expenses (50%) 0.72
Total 2.01

Fixed cost x 100

B.E.P.
52.17
(in%) Fixed cost + Profit

B.E.P. at 70% Capacity utilisation (in%) 36.52

ENTERPRENUER'S CONTRIBUTION AS PERCENTAGE OF PROJECT COST :

PROJECT COST FIRM CONTRIBUTION

Particular Amount Particular Amount

Enterprenuer contribution 0.4 Enterprenuer contribution 0.4

Term loan 3
Cash credit limit from Bank. -
Total 3.50 Total 0.4
Enterprenuer's contribution
(IN%) 11
Project cost
 MINAKSHI SWEETS

PROJECT AT A GLANCE

Sr (Rs in
Particulars
No Lacs)

I CAPITAL OUTLAY

1 Land -

2 Factory blog and shed -

3 Plant & Machinary 3.60

5 Preliminary Expenses 0.10

6 Working Capital Margin 0.30

TOTAL 4.00

II SOURCES OF FUND

1 Promoters contribution (capital) 0.40

2 Bank Term Loan 3.10

3 Bank Cash credit limit 0.50

TOTAL 4.00