ANNEXURE II

ANALYSIS OF BALANCE SHEET

(Rs. In lacs)
A/C M/s BORELE BUILD-CON PVT LTD
BRANCH :
LIABILITIES
*As per previous year CMA
FOR THE YEAR ENDED
CURRENT LIABILITIES
Short Term borrowings from
01 Banks (including Bills Purchased,

02
03
04
05
06
07
08
09
10
11
12
13
14
15

16
17

18
19
20
21
22
23
24
25
26
28
29

/discounted & Excess borrowings

placed on repayment basis)
I) From Applicant Bank:
ii) From Other Banks
TOTAL BANK BORROWINGS
Short Term borrowings from
Banks
Deposits (maturing < 1 year)
Sundry Creditors (Trade)
Cr. for other expenses/Unsecured
Advance Payment Customers
Interest & Charges Accrued
Provision for Taxation
Dividend Payable
Other Statutory Liabilities
Installment due within 1 yr..
Other Current Liabilities
SUB TOTAL (B)
TOTAL CURRENT LIABILITIES
TERM LIABILITIES
Debentures
Redeemable Shares (not
maturing within 1 yr)
not exceeding 12 years)
Term Loans
Deferred Payment Credits
Sales tax deferment)
Deferred Tax Liability/Subsidy
Term Deposits/Unsecured Loans
(repayable after 1 Year)
Other Term Liabilities /subsidy
TOTAL TERM LIABILITIES
TOTAL OUTSIDE LIABILITIES
NET WORTH
Paid up Capital/Proprietors Cap.
Share premium/addition
General Reserve
Share application money/Drawings
Profit and loss
NET WORTH
TOTAL LIABILITIES

Audited

Audited

Audited

Estimated

31.03.12

31.03.13

31.03.14

31.03.15

0.00

0.00

0.00

0.00

0.00
0.00
0.00
0.00
0.00

0.00
0.00
0.00
126.04
126.04

0.00
0.00
0.00
136.18
136.18

0.00
0.00
0.00
0.00
0.00

0.00
0.00
24.22
1.46
0.00
0.00
0.00
0.00
0.14
11.86
123.30
160.98
160.98
0.00
0.00
0.00
0.00
0.00
10.14
0.00
0.00
0.00

0.00
0.00
7.34
17.41
0.00
0.00
0.00
0.00
0.11
9.54
256.13
290.52
416.57
0.00
0.00
0.00
0.00
0.00
21.57
0.00
0.00
0.00

0.00
0.00
51.40
3.06
0.00
0.00
0.00
0.00
0.02
16.05
11.07
81.60
217.77
0.00
0.00
0.00
0.00
0.00
70.18
0.00
0.00
0.00

0.00
0.00
22.08
0.29
0.00
0.00
0.00
0.00
0.10
19.81
0.41
42.69
42.69
0.00
0.00
0.00
0.00
0.00
50.07
0.00
0.00
0.00

156.92
0.00
167.06
328.04
0.00
20.00
80.00
6.46
0.00
143.72
250.17
578.22

137.39
0.00
158.96
575.53
0.00
20.00
80.00
6.46
0.00
169.13
275.58
851.11

468.42
0.00
538.60
756.38
0.00
20.00
80.00
6.46
0.00
179.68
286.13
1042.51

468.42
0.00
518.49
561.18
0.00
20.00
80.00
6.46
0.00
185.50
291.96
853.14

ANNEXURE II
(Rs. In lacs)
ANALYSIS OF BALANCE SHEET
A/C M/s BORELE BUILD-CON PVT LTD
BRAASSETS
FOR THE YEAR ENDED
CURRENT ASSETS
Cash & Bank Balance
30 Investments
31 I) Investments
ii) Fixed Deposits with Banks
32 I) Receivables other than
Exports (less than six months)
ii) Export Receivables (include
bills purchased & discounted)
Advance to Suppliers
33 Inventory
34 I) Raw Materials (including
stores used in the process)
a)
Imported
b)
Indigenous
ii) Stock in process
iii) Finished Goods
iv) Other Consumables
Advance recoverable
35 Advance to Suppliers
Short term loans & Advances
36 Advance payment of Taxes
37 Other Current Assets
38 - Income receivable
- Cenvat Credit
- Export Incentive
- VAT Receivable
-MAT Receivable
-Other(TDS Receivable/refundable
TOTAL CURRENT ASSETS
39 FIXED ASSETS
Gross Block (Land & Building
40 machinery, work in progress)
Depreciation todate
41 Net Block
42 NON CURRENT ASSETS
Investments/bookdebts/advanc
43 Deps. And non current assets
a) Investment in subidiary
b) Others
ii) Adv. to suppliers of capital
Goods & Contractors
iii) Debtor exceeding 6 months

44
45
46
47
48
49
50
51
52

iv) Other investments/Deposits

Advances to subsidiary
Other Non Current Assets
NON-CURRENT ASSETS
Intangible Assets Pre.
Expenses, bad & debts etc.
TOTAL ASSETS
TANGIBLE NET WORTH
NET WORKING CAPITAL
CURRENT RATIO
DEBT EQUITY RATIO
Quasi debt equity

Audited
31.03.12

Audited
31.03.13

17.25
0.00
17.26
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
175.54
0.00
0.00

Audited
31.03.14

68.56
0.00
6.10
0.00
294.77
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
175.54
0.00
0.00

Estimated
31.03.15

7.33
0.00
6.59
0.00
344.45
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
175.54
0.00
0.00

14.00
0.00
0.00
0.00
0.00
0.00
0.00
2.96
227.00
0.00
131.95
0.00
54.90
77.05

2.00
0.00
0.00
0.00
0.00
0.00
0.00
19.25
566.23
0.00
168.54
0.00
66.88
101.66
0.00
109.00
0.00
0.00
62.97
0.00
11.25
0.00
0.00
0.00
0.00
0.00
183.22
0.00
0.00
851.11
275.58
149.66
1.36
2.09

16.30
0.00
0.00
0.00
0.00
0.00
0.00
23.27
573.47
0.00
232.13
0.00
81.33
150.80
0.00
109.00
0.00
0.00
0.23
0.00
209.00
0.00
0.00
0.00
0.00
0.00
318.23
0.00
0.00
1042.51
286.13
355.70
2.63
2.64

109.00
0.00
0.00
30.98
0.00
134.18
0.00
0.00
0.00
0.00
0.00
274.16
0.00
0.00
578.22
250.17
66.02
1.41
1.31

1.60
0.00
7.58
0.00
6.73
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
175.54
0.00
0.00
0.00
97.15
0.00
0.00
0.00
0.00
0.00
0.00
17.65
306.25
0.00
232.13
0.00
103.91
128.22
109.00
0.00
0.00
0.67
0.00
309.00
0.00
0.00
0.00
0.00
0.00
418.67
0.00
0.00
853.14
291.96
263.56
7.17
1.92

Projected

Projected

31.03.16

31.03.17
0

0.00

0.00

0.00
0.00
700.00
0.00
700.00

0.00
0.00
700.00
0.00
700.00

0.00
0.00
55.95
22.62
0.00
0.00
0.00
0.00
0.11
22.52
0.00
101.19
801.19
0.00
0.00
0.00
0.00
0.00
27.55
0.00
0.00
0.00

0.00
0.00
59.84
8.01
0.00
0.00
0.00
0.00
0.14
25.01
0.00
92.99
792.99
0.00
0.00
0.00
0.00
0.00
2.54
0.00
0.00
0.00

468.42
0.00
495.97
1297.16
0.00
20.00
80.00
6.46
0.00
223.66
330.11
1627.28

468.42
0.00
470.96
1263.96
0.00
20.00
80.00
6.46
0.00
266.93
373.39
1637.34

ANNEXURE II
0.00

Projected
31.03.16
2.15
0.00
8.06
0.00
832.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
175.54
0.00
0.00
0.00
62.98
0.00
0.00
0.00
0.00
0.00
0.00
18.85
1099.58
0.00
232.13
0.00
123.11
109.02
109.00
0.00
0.00
0.67
0.00
309.00
0.00
0.00
0.00
0.00
0.00
418.67
0.00
0.00
1627.28
330.11
298.39
1.37
3.93

Projected
31.03.17
3.06
0.00
8.25
0.00
882.84
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
175.54
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
48.45
1118.14
0.00
232.13
0.00
139.43
92.70
0.00
109.00
0.00
0.00
8.50
0.00
309.00
0.00
0.00
0.00
0.00
0.00
426.50
0.00
0.00
1637.34
373.39
325.14
1.41
3.39
###

OPERATING STATEMENT

ANNEXURE III

A/C M/s BORELE BUILD-CON PVT LTD

BRANCH :

2
3
4

5
6

7
8

Domestic Sales (Toll Collection)

Job Work Receipts
Other Revenue IncomeExport Sales
Less: Excise Duty
Net Sales (1 minus 2)
Cost of Sales :
Raw Materials
(a) Imported
(b) Domestic
ii. Consumables & Stores
iii. Power and Electricity
iv. Salaries and Wages
v. Bardana Exp
vi. Repairs & Maintenance
vii. Other Manufacturing exp.
vii Operational expenses
viii. Depreciation
ix.Sub-total (i to vi)
x. Add: Op. stock-in-process
Sub-total
xi. Deduct: Cl. stock-in-process
xii. Sub-total (Cost of Production)
xiii. Add: Op.stock of fin. goods
Sub-total
xiv.Deduct: Cl. stock of fin. goods
xv. Sub-total (Cost of Sales)
Gross Profit (3 minus 4)
Financial Expenses:Bank
Intt. On CC & others
Intt. On term loan
Selling, general & admin. Exps
Sub-total ( 6 plus 7 )
9 Operating profit

10 Add: Income
(a) Miscellaneous Receipts
(b) Interest
(c )Other Income
(d) Office Administration
(e) Prior Period Adjustment
11 Deduct expenses :
(a) Loss on sale of car
(b) Preliminary Expenses
(c) Interest & other fin. charges
12 Sub-total
13 Profit before tax
14 Provision for taxes
15 Profit After Tax

Audited

Audited

Audited

Estimated

31.03.12
749.75
0.00
0.00
0.00
0.00
749.75
0.00
0
0.00
0.00
0.00
1.26
6.99
0.00
0.00
687.57
13.54
709.37
0.00
0.00
709.37
0.00
709.37
0.00
709.37
0.00
709.37
40.38
3.15
0.00
3.15
0.00
10.40
13.55

31.03.13
866.78
0.00
642.81
0.00
0.00
1509.59
0.00
0
0.00
0.00
0.00
1.10
6.36
0.00
0.00
1442.52
11.98
1461.96
0.00
0.00
1461.96
0.00
1461.96
0.00
1461.96
0.00
1461.96
47.63
2.43
0.41
2.02
0.00
14.39
16.82

31.03.14
632.74
0.00
99.20
0.00
0.00
731.94
0.00
0
0.00

26.84

0.00
1.01
0.00
1.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.01
27.85
5.31
22.54

Projected

0.00
1.64
5.23
0.00
0.00
634.05
30.96
671.88
0.00
0.00
671.88
0.00
671.88
0.00
671.88
0.00
671.88
60.06
33.28
22.11
11.17
0.00
7.78
41.06

31.03.15
355.00
0.00
45.13
0.00
0.00
400.13
0.00
0
0.00
0.00
0.00
1.65
5.69
0.00
0.00
340.11
22.58
370.03
0.00
0.00
370.03
0.00
370.03
0.00
370.03
0.00
370.03
30.10
16.04
5.79
10.25
0.00
6.59
22.63

31.03.16
2482.00
0.00
50.49
0.00
0.00
2532.49
0.00
0
0.00
0.00
0.00
1.98
6.59
0.00
0.00
2,405.87
19.20
2433.63
0.00
0.00
2433.63
0.00
2433.63
0.00
2433.63
0.00
2433.63
98.86
17.68
9.80
7.88
0.00
27.10
44.78

30.81

19.00

7.47

54.07

0.00
0.58
0.00
0.58
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.58
31.39
5.98

0.00
0.74
0.00
0.74
0.00
0.00
0.00
2.65
2.65
0.00
0.00
-1.91
17.09
6.54

0.00
0.85
0.00
0.85
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.85
8.32
2.50

0.00
0.92
0.00
0.92
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.92
54.99
16.50

25.41

10.55

5.83

38.49

(Rs. In Lacs)
ProjectedProjected
31.03.17
31.03.17
2539.62
0.00
70.49
0.00
0.00
2610.11
###
0.00
0
0.00
0.00
0.00
2.55
7.20
0.00
0.00
0.00
2,479.60
16.32
2505.67
###
0.00
0.00
2505.67
###
0.00
###
2505.67
###
0.00
2505.67
###
0.00
2505.67
###
104.43
###
14.97
###
9.80
5.17
0.00
27.46
42.43
###
62.00
###

0.00
0.95
###
0.00
0.95
0.00
###
0.00
0.00
0.00
###
0.00
0.00
0.00
0.95
###
62.95
###
18.89
44.07
###

M/s BORELE BUILD-CON PVT LTD

Computers & Printers

Tea machine
Air Conditioners
Vehicles ( Cars)
Other equipment
Mobile
Inverter & batteries
Printer
Software
Office Furniture
JCB1
JCB2
Total

0.6
0.15
0.15
0.15
0.15
0.15
0.15
0.6
0.6
0.1
0.15
0.15

Depreciation

WDV as on
end of 2014

Opening
Deprication
as on
31.03.2014

Asset
already
acquired

Rate of
Depri.

Particulars

Schedule of Fixed Assets

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1.88
0.11
0.78
52.93
0.31
0.34
0.29
0.14
0.13
0.37
12.17
11.86

0.0013
0.09
0.31
137.03
0.10
0.13
0.20
0.0005
0.0041
0.83
5.74
6.36

0.0008
0.01
0.05
20.56
0.02
0.02
0.03
0.0003
0.0024
0.08
0.86
0.95

0.00

81.33

150.80

22.58

WDV as on
end of 2017

Depreciation

WDV as on
end of 2016

WDV as on
end of 2015

Depreciation

UILD-CON PVT LTD

0.0005
0.07
0.27
116.48
0.09
0.11
0.17
0.0002
0.0016
0.75
4.88
5.40

0.0003
0.01
0.04
17.47
0.01
0.02
0.03
0.0001
0.0010
0.07
0.73
0.81

0.0002
0.06
0.23
99.01
0.07
0.09
0.14
0.0001
0.0007
0.67
4.15
4.59

0.0001
0.01
0.03
14.85
0.01
0.01
0.02
0.0000
0.0004
0.07
0.62
0.69

0.0001
0.05
0.19
84.16
0.06
0.08
0.12
0.0000
0.0003
0.61
3.53
3.90

128.22

19.20

109.02

16.32

92.70

A/C M/s BORELE BUILD-CON PVT LTD

FINANCIAL INDICATORS
Audited
18
31.03.12
a) Paid up Capital :
20.00
- Equity
0.00
- Preference Share
0.00
b) Tangible Networth
250.17
c) Investment in cos
0.00
(Of which in group cos)
d) Adjusted TNW
250.17
e) Capital Employed
417.24
f) Net Block
77.05
g) Net sales : Domestic
749.75
Export
0.00
Total
749.75
h) Other Income
1.01
i) EBIDTA
44.54
Interest
3.15
k) Gross Profit/(Loss)
41.39
l) Taxes
5.31
m) Cash Accruals
36.09
n) Depreciation
13.54
o) Net Profit/(Loss)
22.54
p) Net
Profit/Capital
5.40%
Employed (%)
q) Current Assets
227.00
r) Current Liabilities
160.98
RATIOS :
s) Current ratio
1.41
t) Debt/Equity :
Term liab./ Adjusted TNW
0.67

u)
v)
w)
x)

TOL/ Adjusted TNW

TOL/Quasi Equity
Profitability%:
PAT/Net
Sales
DSCR
Interest Coverage
Inventory + Receivables/
Sales (%)

(Rs. In lacs)
Audited

Audited

31.03.13
20.00
0.00
0.00
275.58
0.00

31.03.14
20.00
0.00
0.00
286.13
0.00

31.03.15
20.00
0.00
0.00
291.96
0.00

31.03.16
20.00
0.00
0.00
330.11
0.00

275.58
434.55
101.66
1509.59
0.00
1509.59
0.58
45.80
2.43
43.37
5.98
37.39
11.98
25.41
5.85%

286.13
824.73
150.80
731.94
0.00
731.94
0.74
81.33
33.28
48.05
6.54
41.51
30.96
10.55
1.28%

291.96
810.45
128.22
400.13
0.00
400.13
0.85
46.94
16.04
30.90
2.50
28.41
22.58
5.83
0.72%

330.11
826.08
109.02
2532.49
0.00
2532.49
0.92
91.87
17.68
90.68
16.50
74.18
19.20
54.99
6.66%

566.23
416.57

573.47
217.77

306.25
42.69

1099.58
801.19

1.36

2.63

7.17

1.37

0.58

1.88

1.78

1.50

1.31
0.00
3.01

2.09
0.00
1.68

2.64
0.00
1.44

1.92
0.00
1.46

3.93
3.63
2.17

12.47
23.41

16.40
31.16

2.25
71.04

2.77
45.55

4.26
39.78

Estimated

Projected

Projected
31.03.17
20.00
20.00
0.00
373.39
0.00
373.39
844.35
92.70
2610.11
0.00
2610.11
0.95
94.25
14.97
79.27
18.89
60.39
16.32
44.07
5.22%
1118.14
792.99
1.41
1.26
3.39
0.00
1.69
1.07
5.03
40.55
56.67

FOR MORE THAN Rs. 5.00 CRORE WORKING CAPITAL LIMITS

31.03.2012
31.03.2013
31.03.2014

Audited
(A)Position of current assets
Raw materials
Imports
Domestic
(Days consumption)
Consumable stores

Audited

31.03.2015

Audited

Estimated

0.00
0.00
#DIV/0!
0.00

0.00
0.00
#DIV/0!
0.00

0.00
0.00
#DIV/0!
0.00

0.00
0.00
#DIV/0!
0.00

NA

NA

NA

NA

Stock in process
(Months cost of prod)
Finished goods
(Days cost of Sales)
Receivables
Export
(months sales)
Domestic
(Days sales)
Other Current Assets

0.00
0.00
175.54
90.32
NA
0.00
NA
0.00
0.00
48.51

0.00
0.00
175.54
43.83
NA
0.00
NA
294.77
71.27
76.66

0.00
0.00
175.54
95.36
NA
0.00
NA
344.45
171.77
30.22

0.00
0.00
175.54
173.15
NA
0.00
NA
6.73
6.14
9.18

Total (A)

224.05

546.97

550.21

191.45

51.40

22.08

#DIV/0!
0.00
0.02

#DIV/0!
0.00
0.10

(Days consumption)

(B) Position of Current Liabilities other than Bank Borrowings

Creditors for purchase of RM,
24.22
7.34
stores/spares
(Days purchases)
#DIV/0!
#DIV/0!
Adv. from Customers
0.00
0.00
Statutory liabilities
0.14
0.11
Other current liabilities

136.62

283.08

30.18

20.52

Total (B)

160.98

290.52

81.60

42.69

(C) Working Capital Gap ( A-B)

(D) Minimum stipulated NWC @ 25%

63.07
56.75

256.45
141.56

468.61
143.37

148.76
76.56

(E) Actual/Projected NWC

66.02

149.66

355.70

263.56

(F) Item C Minus Item D

(G) Item C Minus Item E

6.31
-2.96

114.89
106.79

325.24
112.91

72.20
-114.80

(H) Eligible Credit (Item F or G

whichever is lower)
(I) Excess Borrowings representing
shortfall in NWC (D-E)

-2.96

106.79

112.91

-114.80

0.00

0.00

0.00

0.00

31.03.12

31.03.13

31.03.14

31.03.15

31.03.16

Audited

Audited

Audited

Estimated

Projection

(a)Total Current Assets

227.00

566.23

573.47

306.25

1099.58

(b)
Other
Liabilities

Current

160.98

290.52

81.60

42.69

101.19

(c) Working Capital Gap

66.02

275.70

491.88

263.56

998.39

(d) Minimum stipulated

Net Working
Capital
25%
(e)
Actual/Projected
Working Capital

56.75

141.56

143.37

76.56

274.90

66.02

149.66

355.70

263.56

298.39

(f)(c - d)

9.27

134.15

348.51

187.00

723.49

(g)(c - e)

0.00

126.04

136.18

0.00

700.00

(h) MPBF

0.00

126.04

136.18

0.00

700.00

(i) Excess Borrowings,

0.00

0.00

0.00

0.00

0.00

Holding Position

Days
31.03.12

Raw Material

31.03.13

31.03.14

31.03.15

31.03.16

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

Stock In Process

Finished Goods

90

44

95

173

26

Receivables

0.00

71

172

120

S. Creditors

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

#DIV/0!

31.03.17
Projection
1118.14
92.99
1025.14
279.53
325.14
745.61
700.00
700.00
0.00

31.03.17
#DIV/0!
0
26
123
#DIV/0!

Year
A(Sales)
B(25%of A)
C(5%of A)
D(NWC)
E (B-C)
F (B-D)
MBPF

2015-16
823.38
205.85
41.17
80.13
164.68
125.72
125.72

2016-17
923.73
230.93
46.19
80.28
184.75
150.65
150.65

2017-18
1043.52
260.88
52.18
91.53
208.70
169.35
169.35

2018-19
8601.00
2150.25
430.05
284.58
1720.20
1865.67
505.13

Particulars
PAT
Depreciation
Int. on TLs
TOTAL (A)
Repayment of TL
Interest on TL
Total (B)
DSCR (A) / (B)

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21

13.25
16.4
20.09
24.96
27.89
29.81
32.18
31.08
26.63
22.83
19.58
16.64
14.27
12.03
15.27
18.11
13.86
10.22
7.08
3.93
0.79
59.60
61.14
56.78
54.76
51.61
48.01
45.00
6.4
15.27
21.67
2.75

27.56
18.11
45.67
1.34

24.36
13.86
38.22
1.49

21.16
10.22
31.38
1.75

21.16
7.08
28.24
1.83

21.16
3.93
25.09
1.91

21.2
0.79
21.99
2.05

Particulars
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
PAT
13.25
16.40
28.7
24.96
27.89
29.81
32.18
Depreciation
31.08
26.63
22.83
19.58
16.64
14.27
12.03
Int. on TLs
10.75
19.69
19.90
12.31
9.17
6.03
2.89
TOTAL (A)
55.08
62.72
71.43
56.85
53.7
50.11
47.1
Repayment of TL
6.40
16.98
27.56
21.16
21.16
21.16
21.16
Interest on TL
10.75
19.69
19.90
12.31
9.17
6.03
2.89
Total (B)
17.15
36.67
47.46
33.47
30.33
27.19
24.05
DSCR (A) / (B)
3.21
1.71
1.51
1.70
1.77
1.84
1.96

376.90
143
212.26
1.78

2021-22
35.38
9.87
0.26
45.51
10.58
0.26
10.84
4.20

442.5

227.16
1.95