OVERVIEW

DAIRY UNIT SIZE

BREED
STATE
PROJECT COST
BANK LOAN
MARGIN MONEY
REPAYMENT PERIOD
INTEREST RATE
WC MARGIN

20
CROSS BREED HF
ODISHA
2114400
1585800
528600
15
12.00%
500000

HERD PLANNING

PERCENTAGE

ADULT COW DEATH LOSS

5%

HEIFERS DEATH LOSS

(BELOW 1 YEAR)

10%

HEIFERS DEATH LOSS (1 - 2

YEAR)

5%

FEMALE HEIFER
PERCENTAGE

50%

FEMALE HEIFER
INFERTILITY RATE

5%

TOTAL CULLING RATE (3RD

YEAR ONWARDS)

25%

VALUE OF SOLD COWS(2/3

OF ORIGINAL COST LESS
TRANSPORTATION)

12000

CATEGORY OF ANIMALS

YEAR 1

YEAR 2

YEAR 3

YEAR 4

NEWLY PURCHASED COWS

20

REARED COWS
OLD COWS
COWS SOLD
TOTAL COWS
PREGNANT HEIFERS
HEIFERS 1-2 YEARS

0
0
0
20
0
0

0
19
0
24
0
9

0
23
0
28
8
10

8
26
2
32
10
12

INR
75%
INR
YEAR

HEIFERS BELOW 1 YEAR

11

13

14

TOTAL HERD STRENGTH

29

43

59

68

YEAR 5
0
10
30
4
36
11
14

16
77

LIVESTOCK DETAILS
COST OF EACH LIVESTOCK
TRANSPORTATION COST OF EACH LIVESTOCK
AVERAGE DAILY MILK YIELD
SELLING PRICE OF MILK
TOTAL LACTATION PERIOD PER YEAR
TOTAL DRY PERIOD PER DAY

LAND AND SHED DETAILS

SHED AREA REQUIRED PER LIVESTOCK
SHED AREA PER HEIFER PER CALFS
SHED AREA REQUIRED FOR FODDER STORAGE
CONTRUCTION COST OF STORAGE, HEIFERS AND CALF SHEDS
CONSTRUCTION OF SHED WITH FLOORING
OFFICE, STORAGE AND STAFF AREA DETAILS
OFFICE AREA REQUIRED
STAFF QUARTERS REQUIRED
TOOLS AND MACHINES STORAGE AREA REQUIRED
CONSTRUCTION COST OF OFFICE AND STAFF AREA
FODDER DETAILS (Including Transportation Costs)
COST OF PURCHASE OF GREEN FODDER
COST OF PURCHASE OF DRY FODDER
COST OF CONCENTRATED FEED
COST OF MINERAL MIXTURE
VETERINARY AND INSURANCE DETAILS
COST OF VETERINARY PER ANIMAL PER YEAR
% OF LIFE STOCK INSURANCE PREMIUM
LABOUR AND MISCELLANEOUS
NO. OF SUPERVISOR/MANAGER
NO. OF SKILLED LABOUR REQUIRED
NO. OF UNSKILLED LABOUR REQUIRED
ANNUAL WAGES OF SUPERVISOR / MANAGER
ANNUAL WAGES PER SKILLED LABOUR
ANNUAL WAGES PER UNSKILLED LABOUR

NO. OF EMPTY GUNNY BAGS PER ANIMAL PER YEAR

SALE PRICE OF EMPTY GUNNY BAG
COST OF MANURE PER ANIMAL PER YEAR
COST ELECTRICTY/DIESEL PER ANIMAL PER YEAR
MISC EXPENSES PER ANIMAL PER YEAR
GENERAL EQUIPMENT COST PER ANIMAL
MACHINARY AND TOOLS
MILKING EQUIPMENT 4 CLUSTER CAN
MIST COOLING SYSTEM
SEMEN CONTAINER WITH ACCESSORIES
MILK CAN 40 LTRS 10 NO.S
GENERATOR 7.5 KVA
DEPRECIATION RATE
BUILDINGS
PLANT AND MACHINARY

STOCK DETAILS
18000
2000
20
20
300
65

LAND AND SHED DETAILS

65
30
500

INR
INR
LITRE PER DAY
INR PER LITRE
DAYS
DAYS

SQ FT FOR
SQ FT FOR
SQ FT FOR

150

RS PER SQFT

250

RS PER SQFT

E AND STAFF AREA DETAILS

200
500

SQ FT
SQ FT

200

SQ FT

400

RS PER SQ FT

(Including Transportation Costs)

1
2
13
50

AND INSURANCE DETAILS

1500
4%
YEAR 1
1
1
1
144000
72000
36000

RS PER KG
RS PER KG
RS PER KG
RS PER KG

50
25
50

COWS
HEIFERS
COWS

(IF PURCHASED)

INR

YEAR2
1
1
2
INR
INR
INR

YEAR 3
1
2
2

YEAR 4
1
2
2

20
5
1200

INR
INR

500

INR

500
1000

INR
INR

150000
30000
30000
20000
90000

INR
INR
INR
INR
INR

NARY AND TOOLS

DEPRECIATION RATE
10%
10%

10
10

YEARS
YEARS

YEAR 5
1
2
3

YEAR 1
YEAR 2
YEAR 3
YEAR 4
YEAR 5

LACTATION CHART
TOTAL DAYS
TOTAL MILK PRODUCED (IN LTR)
TOTAL DAYS
TOTAL MILK PRODUCED (IN LTR)
TOTAL DAYS
TOTAL MILK PRODUCED (IN LTR)
TOTAL DAYS
TOTAL MILK PRODUCED (IN LTR)
TOTAL DAYS
TOTAL MILK PRODUCED (IN LTR)

IN MILK
6000
120000
7200
144000
8400
168000
9646
192919
10780
215603

IN DRY
1300
1560
1820
2090
2336

F
FOR ADULT COWS
GREEN FODDER (CULTIVATEDE IN RENTED FIELDS)
DRY FODDER
FORMULA FEED (CONCENTRATE)

FEED AND FOD

FOR ADULT COWS
GREEN FODDER (CULTIVATEDE IN RENTED FIELDS)
DRY FODDER
FORMULA FEED (CONCENTRATE)
TOTAL COST
TOTAL COST (YEARWISE)

FEED AND FODDER CONSUMPTION

FOR HEIFERS
PREGNANT HEIFERS (2-3 YEARS)
HEIFER BETWEEN 1 - 2 YEAR
HEIFER LESS THAN 1 YEAR
TOTAL QUANTITY REQUIRED
TOTAL COST
FOR HEIFERS
PREGNANT HEIFERS (2-3 YEARS)
HEIFER BETWEEN 1 - 2 YEAR
HEIFER LESS THAN 1 YEAR
TOTAL QUANTITY REQUIRED
TOTAL COST
FOR HEIFERS
PREGNANT HEIFERS (2-3 YEARS)
HEIFER BETWEEN 1 - 2 YEAR
HEIFER LESS THAN 1 YEAR
TOTAL QUANTITY REQUIRED
TOTAL COST
TOTAL COST OF FEED AND FODDER FOR HEIFERS

FEED AND FODDER CONSUMPTION

DAILY REQUIREMENTS (KG)
YEAR 1
IN MILK
IN DRY
IN MILK
IN DRY
40
35
240000
45500
5
6
30000
7800
8
2
48000
2600

YEAR 2
IN MILK
IN DRY
288000
54600
36000
9360
57600
3120

FEED AND FODDER CONSUMPTION COST

YEAR 1
YEAR 2
IN MILK
IN DRY
IN MILK
IN DRY
240000
45500
288000
54600
60000
15600
72000
18720
624000
33800
748800
40560
924000
94900
1108800
113880
1018900
1222680

YEAR 3
IN MILK
IN DRY
336000
63700
84000
21840
873600
47320
1293600
132860
1426460

EED AND FODDER CONSUMPTION

GREEN (KG)
YEAR 1
25
0
15
0
5
16425
16425
16425

EIFERS

YEAR 2
0
46811
19710
66521
66521

YEAR 3
74118
56174
22995
153286
153286

YEAR 4
88941
65536
26406
180883
180883

YEAR 5
103765
75256
29511
208532
208532

DRY (KG)
3
2
1

YEAR 1
0
0
3285
3285
6570

YEAR 2
0
6242
3942
10184
20367

YEAR 3
8894
7490
4599
20983
41966

YEAR 4
10673
8738
5281
24692
49384

YEAR 5
12452
10034
5902
28388
56776

C FEED (KG)
2
2
1

YEAR 1
0
0
3285
3285
42705
65700

YEAR 2
0
6242
3942
10184
132386
219274

YEAR 3
5929
7490
4599
18018
234237
429489

YEAR 4
7115
8738
5281
21135
274749
505017

YEAR 5
8301
10034
5902
24237
315087
580396

YEAR 3
IN MILK
IN DRY
336000
63700
42000
10920
67200
3640

YEAR 4
IN MILK
IN DRY
385838
73148
48230
12540
77168
4180

YEAR 4
IN MILK
IN DRY
385838
73148
96459
25079
1003178
54339
1485474
152567
1638041

YEAR 5
IN MILK
IN DRY
431205
81749
107801
28028
1121133
60728
1660139
170506
1830645

YEAR 5
IN MILK
IN DRY
431205
81749
53901
14014
86241
4671

INVESTMENT COST
COST OF ANIMALS
MILKING ANIMAL SHED CONSTRUCTION
HEIFERS AND CALF SHED CONSTRUCTION
STORAGE AREA CONSTRUCTION COST
GENERAL EQUIPMENT COST
OFFICE CONSTRUCTION
STAFF QUARTER CONSTRUCTION
TOOLS AND MACHINE STORAGE AREA CONSTRUCTION
MACHINARY AND TOOL COST
INSURANCE EXPENSES
TOTAL COST

YEAR 1
400000
812500
112500
75000
20000
80000
200000
80000
320000
14400
2114400

YEAR2
100000

YEAR 3
100000

YEAR 4
0

YEAR 5
0

3600
103600

3600
103600

4430
4430

4272
4272

SL NO
A
1
2
3
4
5
6
B
1
2

ASSET
LAND AND BUILDING
MILKING ANIMAL SHED CONSTRUCTION
HEIFERS AND CALF SHED CONSTRUCTION
STORAGE AREA CONSTRUCTION COST
OFFICE CONSTRUCTION
STAFF QUARTER CONSTRUCTION
TOOLS AND MACHINE STORAGE AREA CONSTRUCTION
PLANT AND MACHINARY
MACHINARY AND TOOL COST
GENERAL EQUIPMENT COST

SL NO
1
2

ASSET
LAND AND BUILDING
PLANT AND MACHINARY
TOTAL DEPRECIATION COST

SL NO
1
2

ASSET
LAND AND BUILDING
PLANT AND MACHINARY
TOTAL DEPRECIATION COST

COST

TOTAL COST
1360000

812500
112500
75000
80000
200000
80000
340000
320000
20000

COST
1360000
340000

DEPRECIATION (SLM)
RATE
YEAR 1
10%
136000
10%
34000
170000

YEAR 2
136000
34000
170000

YEAR 3
136000
34000
170000

YEAR 4
136000
34000
170000

YEAR 5
136000
34000
170000

COST
1360000
340000

DEPRECIATION (WDV)
RATE
YEAR 1
10%
136000
10%
34000
170000

YEAR 2
122400
30600
153000

YEAR 3
110160
27540
137700

YEAR 4
99144
24786
123930

YEAR 5
89229.6
22307.4
111537

YEAR 6
136000
34000
170000

YEAR 6
80306.64
20076.66
100383.3

YEAR 7
136000
34000
170000

YEAR 8
136000
34000
170000

YEAR 9
136000
34000
170000

YEAR 10
136000
34000
170000

YEAR 7
YEAR 8
YEAR 9
YEAR 10
72275.976 65048.3784 58543.5406 52689.1865
18068.994 16262.0946 14635.8851 13172.2966
90344.97 81310.473 73179.4257 65861.4831

CASH FLOW ANALYSIS

OPENING BALANCE
OUT FLOWS
CAPITAL COST
FEEDING EXPENSES ADULT COWS
FEEDING EXPENSES HEIFERS
VETERINARY AID EXPENSES
COST OF ELECTRICITY AND WATER
INSURANCE
LABOUR WAGES SUPERWISOR
LABOUR WAGES SKILLED LABOUR
LABOUR WAGES UNSKILLED LABOUR
WORKING CAPITAL LOAN
INTEREST PAID
PRINCIPAL REPAID
TOTAL COST

YEAR 0
2114400

2114400

INFLOWS
SALE OF MILK
SALE OF GUNNY BAGS
SALE OF MANURE
SALE OF OLD COWS
WC
CAPITAL COST
TOTAL INFLOW / INCOME

2114400
2114400

CLOSING BALANCE

NALYSIS
0
YEAR 1
103600
1018900
65700
36750
12250
14400
144000
72000
36000
900000
108000
0
2511600

1320250
1920215
2557426
3394252
YEAR 2
YEAR 3
YEAR 4
YEAR 5
103600
4430
4272
0
1222680
1426460
1638041
1830645
219274
429489
505017
580396
26100
30450
34967
39078
16838
21746
25123
28289
3600
3600
4430
4272
144000
144000
144000
144000
72000
144000
144000
144000
72000
72000
72000
108000
1276491
1771745
2067577
2378679
338872.9531 385143.9456 405832.8111 426495.0917
104849
118008
132819
149489
3600304
4551072
5178079
5833343

YEAR 1
2400000
2450
29400
0
1400000

YEAR 2
2880000
3368
40410
0
1276491

YEAR 3
3360000
4349
52190
0
1771745

YEAR 4
3858375
5025
60295
23633
2067577

YEAR 5
4312050
5658
67893
45759
2378679

3831850

4200269

5188283

6014905

6810039

1320250

1920215

2557426

3394252

4370948

PARTICULARS
SALE OF MILK
SALE OF GUNNY BAGS
SALE OF MANURE
SALE OF OLD COWS
TOTAL SALES
FEEDING EXPENSES ADULT COWS
FEEDING EXPENSES HEIFERS
VETERINARY AID EXPENSES
COST OF ELECTRICITY AND WATER
INSURANCE
LABOUR WAGES SUPERWISOR
LABOUR WAGES SKILLED LABOUR
LABOUR WAGES UNSKILLED LABOUR
TOTAL EXPENSES
EBDIT
DEPRECIATION
EBIT
INTEREST ON TERM LOAN
INTEREST ON WORKING CAPITAL
TOTAL INTEREST
PBT
TAX
PAT

YEAR 1
2400000
2450
29400
0
2431850
1018900
65700
36750
12250
14400
144000
72000
36000
1400000
1031850
170000
861850
0
108000
108000
753850
0
753850

YEAR 2
2880000
3368
40410
0
2923778
1222680
219274
26100
16838
3600
144000
72000
72000
1776491
1147286
170000
977286
185694
153179
338872.95314
638413
0
638413

YEAR 3
YEAR 4
YEAR 5
3360000
3858375
4312050
4349
5025
5658
52190
60295
67893
0
23633
45759
3416539
3947327
4431360
1426460
1638041
1830645
429489
505017
580396
30450
34967
39078
21746
25123
28289
3600
4430
4272
144000
144000
144000
144000
144000
144000
72000
72000
108000
2271745
2567577
2878679
1144794
1379750
1552680
170000
170000
170000
974794
1209750
1382680
172535
157724
141054
212609
248109
285442
385143.9456 405832.8111 426495.09169
589650
803917
956185
0
0
0
589650
803917
956185

PARTICULARS
NET TOTAL INCOME
TOTAL COST
EBITDA
DEPRECIATION
EBIT
INTEREST
EBT
TAX
EAT

YEAR 1
2431850
1400000
1031850
170000
861850
108000
753850
0
753850

YEAR 2
2923778
1776491
1147286
170000
977286
338872.953143621
638413
0
638413

EBITDA MARGIN
EBIT MARGIN
EAT MARGIN
INTEREST COVERAGE RATIO
PROJECT IRR
AVERAGE DSCR
MINIMUM DSCR

42%
35%
31%
798%
38%
3.7216321488
3.2084259985

39%
33%
22%
288%

YEAR 3
YEAR 4
YEAR 5
3416539
3947327
4431360
2271745
2567577
2878679
1144794
1379750
1552680
170000
170000
170000
974794
1209750
1382680
385143.945599515 405832.811102329 426495.091687359
589650
803917
956185
0
0
0
589650
803917
956185
34%
29%
17%
253%

35%
31%
20%
298%

35%
31%
22%
324%

BALANCE SHEET
YEAR 0
YEAR 1
SOURCES OF FUND
CAPITAL
RESERVES
SUB -TOTAL
SECURED TERM LOANS
SUB - TOTAL
TOTAL

528600
528600
1585800
1585800
2114400

1028600
753850
1782450
1585800
1585800
3368250

APPLICATION OF FUNDS
FIXED ASSETS
A. GROSS BLOCK
B. LESS: ACCUMULATED DEPRECIATION
NET BLOCK
CASH BALANCES
TOTAL
BS CHECK

2114400

2114400

2218000
170000
2048000
1320250
3368250

2114400

EET
YEAR 2

YEAR 3

YEAR 4

YEAR 5

1028600
1392263
2420863
1480951
1480951
3901815

1028600
1981913
3010513
1362943
1362943
4373457

1028600
2785830
3814430
1230124
1230124
5044555

1028600
3742015
4770615
1080635
1080635
5851251

2321600
340000
1981600
1920215
3901815

2326030
510000
1816030
2557426
4373457

2330303
680000
1650303
3394252
5044555

2330303
850000
1480303
4370948
5851251

F FUNDS

TOTAL FIXED COST

VARIABLE COST PER UNIT
SELLING PRICE

530000
10.4
20

BREAK EVEN POINT

55381

PARTICULARS
BREAK EVEN VOLUME
VOLUME OF SALE

YEAR 1
55381
120000

YEAR 2
55381
144000

YEAR 3
55381
168000

YEAR 4
55381
192918.75

YEAR 5
55381
215602.5

PARTICULARS
RECURRING COSTS
WORKING CAPITAL
MARGIN MONEY
WC LOAN
INTEREST ON WC LOAN @ 12%

YEAR 1
1400000
1400000
500000
900000
108000

YEAR 2 YEAR 3 YEAR 4

1776491
2271745
2567577
1776491
2271745
2567577
500000
500000
500000
1276491
1771745
2067577
153178.95 212609.369 248109.284

YEAR 5
2878679
2878679
500000
2378679
285441.532

INTEREST AND REPAYMENT

PROJECT LOAN AMOUNT
1585800
INSTALLMENTS / YEAR
4
TENURE OF LOAN
10
NO. OF INSTALMENT
36
MORATORIUM PERIOD
1
RATE OF INTEREST
12%
INSTALLMENT AMOUNT
72635.656817236

YEAR

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 6

YEAR 7

YEAR 8

YEAR
YEAR

QUARTER

OPENING
PRINCIPAL

Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3

1585800
1585800
1585800
1585800
1585800
1560738
1534925
1508337
1480951
1452744
1423691
1393766
1362943
1331196
1298496
1264815
1230124
1194392
1157588
1119680
1080635
1040419
998995
956330
912384
867120
820498
772477
723016
672070
619597

YEAR 8

YEAR 9

YEAR 10

Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4

565549
509880
452541
393481
332650
269994
205458
138986
70520

INSTALLMENT

INTEREST

REPAYMENT

ENDING PRINCIPAL

0
0
0
0
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636
72636

0
0
0
0
47574
46822
46048
45250
44429
43582
42711
41813
40888
39936
38955
37944
36904
35832
34728
33590
32419
31213
29970
28690
27372
26014
24615
23174
21690
20162
18588

0
0
0
0
25062
25814
26588
27386
28207
29053
29925
30823
31747
32700
33681
34691
35732
36804
37908
39045
40217
41423
42666
43946
45264
46622
48021
49461
50945
52474
54048

1585800
1585800
1585800
1585800
1560738
1534925
1508337
1480951
1452744
1423691
1393766
1362943
1331196
1298496
1264815
1230124
1194392
1157588
1119680
1080635
1040419
998995
956330
912384
867120
820498
772477
723016
672070
619597
565549

72636
72636
72636
72636
72636
72636
72636
72636
72636

16966
15296
13576
11804
9980
8100
6164
4170
2116

55669
57339
59059
60831
62656
64536
66472
68466
70520

509880
452541
393481
332650
269994
205458
138986
70520
0

TAX CALCULATIONS
TAX ON MILK SALE

PAT
ADD: DEPRECIATION SLM
TOTAL
LESS: DEPRECIATION WDV
PBT AS PER IT ACT
TAX @ 0%

0%
YEAR 1
753850
170000
923850
170000
753850
0

YEAR 2
638413
170000
808413
153000
655413
0

YEAR 3
589650
170000
759650
137700
621950
0

YEAR 4
803917
170000
973917
123930
849987
0

YEAR 5
956185
170000
1126185
111537
1014648
0

PAT
ADD: DEPRECIATION
INTEREST ON TERM LOAN
TOTAL INFLOW

YEAR 1
753850
170000
0
923850

DSCR
YEAR 2
638413
170000
185694
994107

YEAR 3
589650
170000
172535
932185

INTEREST ON TERM LOAN

TERM LOAN REPAYMENT
TOTAL OUTFLOW

0
0
0

185694
104849
290543

172535
118008
290543

3.4215540396

3.2084259985

ANNUAL DSCR
AVERAGE DSCR
MINIMUM DSCR

3.7216321488
3.2084259985

YEAR 4
803917
170000
157724
1131641

YEAR 5
956185
170000
141054
1267239

157724
132819
290543

141054
149489
290543

3.8949215886

4.3616269686

IRR: TOTAL PROJECT COST

CAPITAL EMPLOYED
PAT
DEPRECIATION
ADD: INTEREST
GROSS CASH FLOW
IRR

YEAR 0
-2114400

-2114400
38%

YEAR 1

YEAR 2

YEAR 3

753850
170000
0
923850

638413
170000
185694
994107

589650
170000
172535
932185

YEAR 4

YEAR 5

803917
170000
157724
1131641

956185
170000
141054
1267239