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RAS AGRO PROCESSORS

PROJECT AT GLANCE

NAME OF ENTREPRENEUR SUVID VIJAY FADANVIS

OWNERS CONTRIBUTION 350,000.00

FIXED COST 200,000.00

WORKING CAPITAL

BANK

TOTAL PROJECT COST 550,000.00

APPLICATION OF FUND
EQUIPMENT & MACHINERIES 215,000.00
OTHER FIXED ASSETS 60,000.00
OTHER EXPENSES 25,000.00
WORKING CAPITAL 250,000.00
TOTAL 550,000.00

EQUIPMENT & MACHINERIES UNIT RATE AMOUNT


PULVERIZER 1 27,000.00 27,000.00
MIXER 1 40,000.00 40,000.00
GENERATOR 1 60,000.00 60,000.00
DAL MILL MINI 1 85,000.00 85,000.00
MANUAL PACKING MACHINE 2 1,500.00 3,000.00
TOTAL 215,000.00

REVENUE REALIZATION
PARTICULAR UNIT (KG) RATE(INR) AMOUNT
CHILLI POWDER 5000 140.00 700,000.00
CORIANDER POWDER 2000 130.00 260,000.00
TURMERIC POWDER 2000 160.00 320,000.00
SPICES 2000 300.00 600,000.00
CHANA DAL 80000 55.00 4,400,000.00
HUSK 20000 20.00 400,000.00
TOTAL 6,680,000.00

RAW MATERIAL
FOR CHILLI POWDER 5000 100.00 500,000.00
FOR CORIANDER POWDER 2000 80.00 160,000.00
FOR TURMERIC POWDER 2000 110.00 220,000.00
FOR SPICES 2000 120.00 240,000.00
PULSES 100000 40.00 4,000,000.00
TOTAL 5,120,000.00

SALARY & WAGES NO. SALARY TOTAL ANNUAL


WORKER 2 4,000.00 8,000.00 96,000.00
SALESMAN 2 5,000.00 10,000.00 120,000.00
TOTAL 216,000.00

OTHER EXPENSE % OF TURNOVER TOTAL EXPENSE


POWER 1.80% 120,000.00
REPAIR & MAINTAINENCE 0.15% 10,000.00
TELEPHONE 0.18% 12,000.00
INTERNET 0.18% 12,000.00
STATIONARY 0.07% 5,000.00
MARKETING 1.50% 100,000.00
FUEL 0.60% 40,000.00
OTHER EXPENSE 0.30% 20,000.00
TOTAL 4.78% 319,000.00
PROJECTION OF PERFORMANCE, PROFITABILTY & REPAYMENT

A. YEAR 2016-17 2017-18 2018-19 2019-20 2020-21


B. INCOME
SALE 1,000,000.00 1,200,000.00 1,440,000.00 1,728,000.00 2,073,600.00
CLOSING STOCK - - - - -
TOTAL INCOME 1,000,000.00 1,200,000.00 1,440,000.00 1,728,000.00 2,073,600.00

C. PRODUCTION COST
RAW MATERIAL 600,000.00 720,000.00 864,000.00 1,036,800.00 1,244,160.00
SALARY & WAGES 75,000.00 78,750.00 82,687.50 86,821.88 91,162.97
OTHER EXPENSE 75,000.00 78,750.00 82,687.50 86,821.88 91,162.97
DEPREICATION 27,500.00 24,750.00 22,275.00 20,047.50 18,042.75
OPENING STOCK - - - - -
TOTAL PRODUCTION COST 777,500.00 902,250.00 1,051,650.00 1,230,491.25 1,444,528.69

D. GROSS PROFIT 222,500.00 297,750.00 388,350.00 497,508.75 629,071.31


E. INTEREST ON
TERM LOAN - - - - -
WORKING CAPITAL @9.70 19,400.00 23,280.00 27,936.00 33,523.20 40,216.20
F. 4% VAT 40,000.00 48,000.00 57,600.00 69,120.00 82,944.00
G. NET PROFIT 163,100.00 226,470.00 302,814.00 394,865.55 505,911.11
DEPRICIATION 27,500.00 52,250.00 74,525.00 94,572.50 112,615.25
G. NET CASH IN HAND 190,600.00 278,720.00 377,339.00 489,438.05 618,526.36
H. PROFIT PERCENTAGE 16.31% 18.87% 21.03% 22.85% 24.40%
CALCULATION OF DEPRICIATION

A. YEAR 2016-17 2017-18 2018-19 2019-20 2020-21


MACHINERIES
COST 215,000.00 193,500.00 174,150.00 156,735.00 141,061.50
DEPRICIATION 21,500.00 19,350.00 17,415.00 15,673.50 14,106.15
DEPRICIATED COST 193,500.00 174,150.00 156,735.00 141,061.50 126,955.35
OTHER FIXED ASSETS
COST 60,000.00 54,000.00 48,600.00 43,740.00 39,366.00
DEPRICIATION 6,000.00 5,400.00 4,860.00 4,374.00 3,936.60
DEPRICIATED COST 54,000.00 48,600.00 43,740.00 39,366.00 35,429.40
PROJECTED BRAKE EVEN POINT & RATIO ANALYSIS

A. YEAR 2016-17 2017-18 2018-19 2019-20 2020-21


TOTAL SALE 1,000,000.00 1,200,000.00 1,440,000.00 1,728,000.00 2,073,600.00
FIXED COST 196,900.00 205,530.00 215,586.00 227,214.45 240,584.89
VARIABLE COST 600,000.00 720,000.00 864,000.00 1,036,800.00 1,244,160.00
CONTRIBUTION 400,000.00 480,000.00 576,000.00 691,200.00 829,440.00
BRAKE EVEN POINT IN % 49.23% 42.82% 37.43% 32.87% 29.01%
BRAKE EVEN POINT IN INR 492,250.00 513,825.00 538,965.00 568,036.13 601,462.22
ASSESMENT OF WORKING CAPITAL

A. YEAR 2016-17 2017-18 2018-19 2019-20 2020-21


PARTICULAR (HOLDING DAYS)
RAW MATERIAL (3 DAYS) 102,400.00 112,640.00 123,904.00 136,294.40 149,923.84
STOCK IN PROGRESS (3 DAYS) 10,700.00 11,770.00 12,947.00 14,241.70 15,665.87
FINISHED GOODS (3 DAYS) 10,700.00 11,770.00 12,947.00 14,241.70 15,665.87
RECEIVABLES (6 DAYS) 133,600.00 146,960.00 161,656.00 177,821.60 195,603.76
LESS: CREDITORS (3 DAYS) 51,200.00 56,320.00 61,952.00 68,147.20 74,961.92
WORKING CAPITAL REQUIRED 250,000.00 300,000.00 360,000.00 432,000.00 518,400.00
WORKING CAPITAL LIMIT 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00
MARGIN 50,000.00 100,000.00 160,000.00 232,000.00 318,400.00
PROJECTED CASH FLOW STATEMENT

A. YEAR 2016-17 2017-18 2018-19 2019-20 2020-21


B. SORCES
GROSS PROFIT 222,500.00 297,750.00 388,350.00 497,508.75 629,071.31
DEPRECIATION 27,500.00 52,250.00 74,525.00 94,572.50 112,615.25
OWN CAPITAL 350,000.00 100,000.00 160,000.00 232,000.00 318,400.00
WORKING CAPITAL LIMIT 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00
TOTAL 800,000.00 650,000.00 822,875.00 1,024,081.25 1,260,086.56

C. APPLICATION
FIXED ASSETS 275,000.00 - - - -
PREOPERATIVE EXPENSE 25,000.00 - - - -
CURRENT ASSETS 250,000.00 300,000.00 360,000.00 432,000.00 518,400.00
INTEREST ON CC LIMIT 19,400.00 23,280.00 27,936.00 33,523.20 40,216.20
4% VAT 40,000.00 48,000.00 57,600.00 69,120.00 82,944.00
TOTAL 609,400.00 371,280.00 445,536.00 534,643.20 641,560.20

OPENING BALANCE - 190,600.00 469,320.00 846,659.00 1,336,097.05


NET SURPLUS 190,600.00 278,720.00 377,339.00 489,438.05 618,526.36
CLOSING BALANCE 190,600.00 469,320.00 846,659.00 1,336,097.05 1,954,623.41
PROJECTED BALANCE SHEET STATEMENT

2016-17 2017-18 2018-19 2019-20 2020-21


B. LIABLITIES
OWN CAPITAL 350,000.00 400,000.00 460,000.00 532,000.00 618,400.00
NET PROFIT 163,100.00 226,470.00 302,814.00 394,865.55 505,911.11
WORKING CAPITAL LIMIT 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00
TOTAL 713,100.00 826,470.00 962,814.00 1,126,865.55 1,324,311.11

C. ASSETS
GROSS FIXED ASSETS 275,000.00 247,500.00 222,750.00 200,475.00 180,427.50
LESS:DEPRECIATION 27,500.00 24,750.00 22,275.00 20,047.50 18,042.75
NET FIXED ASSETS 247,500.00 222,750.00 200,475.00 180,427.50 162,384.75
PREOPERATING EXPENSE 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
CURRENT ASSETS 250,000.00 300,000.00 360,000.00 432,000.00 518,400.00
CASH & BANK BALANCE 190,600.00 278,720.00 377,339.00 489,438.05 618,526.36
TOTAL 713,100.00 826,470.00 962,814.00 1,126,865.55 1,324,311.11
CALCULATED VARIABLE ASSUMPTIONS

A. YEAR 2016-17 2017-18 2018-19 2019-20 2020-21


PURCHASED FINISHED VALUE 6,680,000.00 7,348,000.00 8,082,800.00 8,891,080.00 9,780,188.00
RAW MATERIAL 5,120,000.00 5,632,000.00 6,195,200.00 6,814,720.00 7,496,192.00
SALARY & WAGES 216,000.00 237,600.00 261,360.00 287,496.00 316,245.60
OTHER EXPENSE 319,000.05 350,900.06 385,990.06 424,589.07 467,047.97
SALE VALUE 6,591,400.00 7,201,040.00 7,921,144.00 8,713,258.40 9,584,584.24
CLOSING STOCK 133,600.00 280,560.00 442,216.00 620,037.60 815,641.36
OPENING STOCK 45000 133,600.00 280,560.00 442,216.00 620,037.60
RAS AGRO PROCESSORS
FINANCIAL ANALYSIS
PROJECTED BALANCE SHEET STATEMENT

2016-17 2017-18 2018-19 2019-20 2020-21


LIABLITIES
OWN CAPITAL 300,000.00 300,000.00 300,000.00 300,000.00 300,000.00
PROFIT 163,100.00 226,470.00 302,814.00 394,865.55 505,911.11
NET WORTH 463,100.00 526,470.00 602,814.00 694,865.55 805,911.11
UNSECURED LOAN - - - - -
TERM LOAN - - - - -
TERM LIABLITIES - - - - -
CASH CREDIT 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00
SHORT TERM LOAN - - - -
CREDITORS 50,000.00 60,000.00 72,000.00 86,400.00 103,680.00
OTHER CURRENT LIABLITIES 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
TOTAL CURRENT LIABLITIES 300,000.00 310,000.00 322,000.00 336,400.00 353,680.00
TOTAL LIABLITIES 763,100.00 836,470.00 924,814.00 1,031,265.55 1,159,591.11

ASSET
GROSS BLOCK 275,000.00 247,500.00 222,750.00 200,475.00 180,427.50
LESS: DEPRECIATION 27,500.00 24,750.00 22,275.00 20,047.50 18,042.75
NET BLOCK 247,500.00 222,750.00 200,475.00 180,427.50 162,384.75
INVESTMENTS - - - - -
DEPOSITS - - - - -
OTHER NONCURRENT ASSETS 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
NON CURRENT ASSETS 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
STOCK 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00
CASH & BANK BALANCE 190,600.00 278,720.00 377,339.00 489,438.05 618,526.36
DEBITORS 50,000.00 60,000.00 72,000.00 86,400.00 103,680.00
OTHER CURRENT ASSETS 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
TOTAL CURRENT ASSETS 490,600.00 588,720.00 699,339.00 825,838.05 972,206.36
TOTAL ASSETS 763,100.00 836,470.00 924,814.00 1,031,265.55 1,159,591.11

KEY FINANCIAL INDICATORS

2016-17 2017-18 2018-19 2019-20 2020-21


SALES 1,000,000.00 1,200,000.00 1,440,000.00 1,728,000.00 2,073,600.00
% INCREASE/ DECREASE 0.00% 20.00% 20.00% 20.00% 20.00%
NET PROFIT 163,100.00 226,470.00 302,814.00 394,865.55 505,911.11
% TO SALE 16.31% 18.87% 21.03% 22.85% 24.40%
CASH ACCURAL 190,600.00 278,720.00 377,339.00 489,438.05 618,526.36
TNW 438,100.00 501,470.00 577,814.00 669,865.55 780,911.11
NET WORKING CAPITAL 250,000.00 300,000.00 360,000.00 432,000.00 518,400.00
CURRENT RATIO 1.64 1.90 2.17 2.45 2.75

ASSESSMENT OF WORKING CAPITAL (TURN OVER METHOD)

PARTICULAR AMOUNT
A. PROJECTED SALE 1,000,000.00
B. 25% OF PROJECTED SALE 250,000.00
C. 5% OF PROJECTED SALE 50,000.00
D. ACTUAL NET WORKING CAPITAL 50,000.00
E. B-C 200,000.00
F. B-D 200,000.00
MPBF 200,000.00

We have prepared the above Projected Balance Sheet as per information & explanation furnished by
the proprietor of the above name firm

Place : For Ras Agro Processors

Date : (Proprietor)