PROJECTED PROFIT & LOSS ACCOUNT

16-17 17-18 18-19 19-20 20-21 21-22

i) Gross Sales (Domestic) - 975.00 ### ### ### ###
Less: 5% reduction in sales - 48.75 ### ### ### ###
ii) Other income - - - - - -
Total - 926.25 ### ### ### ###
iii) Less: Excise Duty - - - - - -
Net Sales (i-iii) - 926.25 ### ### ### ###

COST OF SALES
i) Raw Materials (indigenous) - 632.17 ### ### ### ###
ii) Other Spares & Consumables - 48.63 ### ### ### ###
iii) Power & Fuel - 18.90 19.85 20.84 21.88 22.97
iv) Direct Labour (Factory Wages & Salary) - 51.91 54.51 57.23 60.09 63.10
v) Other manufacturing expenses - 3.15 3.31 3.47 3.65 3.83
vi) Depreciation - 18.65 15.86 13.49 11.48 9.76
Sub Total (i to vi) - 773.41 ### ### ### ###
vii) Add: Opening stock of raw material - 64.17 97.09 105.00 115.00
viii) Less: Closign stock of raw material 64.17 97.09 105.00 115.00 125.00
Cost of production 709.24 ### ### ### ###
ix) Opening stock of Finished goods & WIP - - - - -
x) Closing stock of Finished goods & WIP - - - - -
Total Cost of Sales - 709.24 ### ### ### ###
Gross Profit 217.01 ### ### ### ###
xi) Selling, General & Admin Expenses - 12.60 13.23 13.89 14.59 15.32
Operating profit before interest - 204.41 ### ### ### ###
xii) Interest on term loan 2.57 10.94 8.53 6.12 3.71 1.31
xiii) Interest on working capital - 12.25 12.25 12.25 12.25 12.25
Operating profit after interest (2.57) 181.22 ### ### ### ###
Provision for tax - - - - - -
Profit after Tax (2.57) 181.22 ### ### ### ###
Depreciation - 18.65 15.86 13.49 11.48 9.76
Cash Accruels (2.57) 199.87 ### ### ### ###

4
 PROJECTED PROFIT & LOSS ACCOUNT

17-18 18-19 19-20 20-21 21-22 22-23

i) Gross Sales (Domestic) - 15.00 22.00 32.00 42.00 55.00
ii) Other income - - - - - -
Total - 15.00 22.00 32.00 42.00 55.00
iii) Less: Excise Duty - - - - - -
Net Sales (i-iii) - 15.00 22.00 32.00 42.00 55.00

COST OF SALES
i) Raw Materials (indigenous) - 12.58 18.45 26.83 35.22 46.12
ii) Other Spares & Consumables - - - - - -
iii) Power & Fuel - - - - - -
iv) Direct Labour (Factory Wages & Salary) - 1.08 2.15 3.23 4.30 5.38
v) Other manufacturing expenses - - - - - -
vi) Depreciation - 18.65 15.86 13.49 11.48 9.76
Sub Total (i to vi) - 32.30 36.46 43.55 50.99 61.25
vii) Add: Opening stock of raw material - - - - -
viii) Less: Closign stock of raw material - - - - -
Cost of production 32.30 36.46 43.55 50.99 61.25
ix) Opening stock of Finished goods & WIP - - - - -
x) Closing stock of Finished goods & WIP - - - - -
Total Cost of Sales - 32.30 36.46 43.55 50.99 61.25
Gross Profit (17.30) (14.46) (11.55) (8.99) (6.25)
xi) Selling, General & Admin Expenses - 1.08 1.34 1.61 1.88 2.15
Operating profit before interest - (18.38) (15.80) (13.16) (10.87) (8.40)
xii) Interest on term loan 2.57 10.94 8.53 6.12 3.71 1.31
xiii) Interest on working capital - 13.00 13.00 13.00 13.00 13.00
Operating profit after interest (2.57) (42.32) (37.34) (32.29) (27.59) (22.71)
Provision for tax - - (7.47) (9.69) (8.28) (6.81)
Profit after Tax (2.57) (42.32) (29.87) (22.60) (19.31) (15.90)
Depreciation - 18.65 15.86 13.49 11.48 9.76
Cash Accruels (2.57) (23.67) (14.01) (9.11) (7.84) (6.13)

4
 PROJECTED PROFIT & LOSS ACCOUNT

17-18 18-19 19-20 20-21 21-22 22-23

i) Gross Sales (Domestic) - 0.01 602.32 648.65 694.98 694.98
Less: 7.50% reduction in sales - 0.00 45.17 48.65 52.12 52.12
ii) Other income - - - - - -
Total - 0.01 557.14 600.00 642.86 642.86

COST OF SALES
i) Raw Materials (indigenous) - 0.01 434.57 468.00 501.43 501.43
ii) Other Spares & Consumables - - - - - -
iii) Power & Fuel - - - - - -
iv) Direct Labour (Factory Wages & Salary) - 1.00 2.00 3.00 4.00 5.00
v) Other manufacturing expenses - 3.00 3.00 3.00 3.00 3.00
vi) Depreciation - 18.65 15.86 13.49 11.48 9.76
Sub Total (i to vi) - 22.66 455.43 487.49 519.90 519.19
vii) Add: Opening stock of raw material - - - - -
viii) Less: Closign stock of raw material - - - - -
Cost of production 22.66 455.43 487.49 519.90 519.19
ix) Opening stock of Finished goods & WIP - - - - -
x) Closing stock of Finished goods & WIP - - - - -
Total Cost of Sales - 22.66 455.43 487.49 519.90 519.19
Gross Profit (22.65) 101.71 112.51 122.95 123.67
xi) Selling, General & Admin Expenses - 1.00 1.25 1.50 1.75 2.00
Operating profit before interest - (23.65) 100.46 111.01 121.20 121.67
xii) Interest on term loan 2.57 10.94 8.53 6.12 3.71 1.31
xiii) Interest on working capital - 13.00 13.00 13.00 13.00 13.00
Operating profit after interest (2.57) (47.59) 78.93 91.88 104.49 107.36
Provision for tax - (14.28) 23.68 27.57 31.35 32.21
Profit after Tax (2.57) (33.31) 55.25 64.32 73.14 75.15
Depreciation - 18.65 15.86 13.49 11.48 9.76
Cash Accruels (2.57) (14.66) 71.11 77.81 84.62 84.92

4
 PROJECTED PROFIT & LOSS ACCOUNT

16-17 17-18 18-19 19-20 20-21 21-22

i) Gross Sales (Domestic) - 0.01 602.32 648.65 694.98 694.98
ii) Other income - - - - - -
Total - 0.01 602.32 648.65 694.98 694.98
iii) Less: Excise Duty - - - - - -
Net Sales (i-iii) - 0.01 602.32 648.65 694.98 694.98

COST OF SALES
i) Raw Materials (indigenous) - 0.01 493.30 531.24 569.19 569.19
ii) Other Spares & Consumables - - - - - -
iii) Power & Fuel - - - - - -
iv) Direct Labour (Factory Wages & Salary) - 1.05 2.10 3.15 4.20 5.25
v) Other manufacturing expenses - - - - - -
vi) Depreciation - 18.65 15.86 13.49 11.48 9.76
Sub Total (i to vi) - 19.71 511.26 547.88 584.87 584.20
vii) Add: Opening stock of raw material - - - - -
viii) Less: Closign stock of raw material - - - - -
Cost of production 19.71 511.26 547.88 584.87 584.20
ix) Opening stock of Finished goods & WIP - - - - -
x) Closing stock of Finished goods & WIP - - - - -
Total Cost of Sales - 19.71 511.26 547.88 584.87 584.20
Gross Profit (19.70) 91.06 100.76 110.11 110.78
xi) Selling, General & Admin Expenses - 1.05 1.31 1.58 1.84 2.10
Operating profit before interest - (20.75) 89.74 99.19 108.28 108.68
xii) Interest on term loan 2.57 10.94 8.53 6.12 3.71 1.31
xiii) Interest on working capital - 13.00 13.00 13.00 13.00 13.00
Operating profit after interest (2.57) (44.69) 68.21 80.06 91.56 94.37
Provision for tax - (8.94) 20.46 24.02 27.47 28.31
Profit after Tax (2.57) (35.75) 47.75 56.05 64.09 66.06
Depreciation - 18.65 15.86 13.49 11.48 9.76
Cash Accruels (2.57) (17.10) 63.61 69.54 75.57 75.82

4
 PROJECTED PROFIT & LOSS ACCOUNT

17-18 18-19 19-20 20-21 21-22 22-23

i) Gross Sales (Domestic) - 0.01 602.32 648.65 694.98 694.98
Less: 5% reduction in sales - 0.00 30.12 32.43 34.75 34.75
ii) Other income - - - - - -
Total - 0.01 572.20 616.22 660.23 660.23

COST OF SALES
i) Raw Materials (indigenous) - 0.01 446.32 480.65 514.98 514.98
ii) Other Spares & Consumables - - - - - -
iii) Power & Fuel - - - - - -
iv) Direct Labour (Factory Wages & Salary) - 1.00 2.00 3.00 4.00 5.00
v) Other manufacturing expenses - - - - - -
vi) Depreciation - 18.65 15.86 13.49 11.48 9.76
Sub Total (i to vi) - 19.66 464.18 497.14 530.46 529.74
vii) Add: Opening stock of raw material - - - - -
viii) Less: Closign stock of raw material - - - - -
Cost of production 19.66 464.18 497.14 530.46 529.74
ix) Opening stock of Finished goods & WIP - - - - -
x) Closing stock of Finished goods & WIP - - - - -
Total Cost of Sales - 19.66 464.18 497.14 530.46 529.74
Gross Profit (19.65) 108.02 119.08 129.77 130.49
xi) Selling, General & Admin Expenses - 1.00 1.25 1.50 1.75 2.00
Operating profit before interest - (20.65) 106.77 117.58 128.02 128.49
xii) Interest on term loan 2.57 10.94 8.53 6.12 3.71 1.31
xiii) Interest on working capital - 13.00 13.00 13.00 13.00 13.00
Operating profit after interest (2.57) (44.59) 85.24 98.45 111.31 114.18
Provision for tax - (13.38) 25.57 29.54 33.39 34.26
Profit after Tax (2.57) (31.21) 59.67 68.92 77.92 79.93
Depreciation - 18.65 15.86 13.49 11.48 9.76
Cash Accruels (2.57) (12.56) 75.53 82.41 89.39 89.69

4
 COST OF PROJECT & MEANS OF FINANCE

S. No. Particulars Rs. in lacs

1 Commercial Property -
2 Plant & Machinery 118.00
3 Electric installment and Fitting 5.00
4 Furniture & fixture 2.00
4 Working Capital 133.34
5 Interest During Moratorium Period 2.57
Total 260.91
 M/S BANSAL GABOIN TECH
PROJECTED BALANCE SHEET

PARTICULARS 17-18 18-19 19-20 20-21 21-22 22-23

Liabilities 1.11 1.76 3.31 4.96 7.11
Partners Capital 5.00 6.11 9.42 14.38 21.49 1.11 2.36 3.91 5.56 7.11
8.47 12.38 17.94 25.05
Secured Loans: 6.11 9.42 14.38 21.49
Term Loan -
CC Limit - 3.00 3.00 3.00 3.00 3.00

Current Liabilities &

Provisions:
Sundry Creditors - 1.00 1.00 1.00 1.00 1.00
Expenses payables - - - - - -

Total Rs. 9.00 10.11 13.42 18.38 25.49

Assets
Fixed Assets:
Net Block 1.00 0.90 0.81 0.72 0.63

Current Assets:
Sundry Debtors - 1.50 1.20 1.40 1.60 1.80
Closing Stock - 5.00 7.00 10.00 14.00 15.00
Deposit/Securities -
Cash & Bank Balances 1.50 1.01 1.21 2.06 8.06
Loan & Advances
Total Rs. 9.00 10.11 13.42 18.38 25.49

-
 PROJECTED PROFIT & LOSS ACCOUNT

17-18 18-19 19-20 20-21 21-22 22-23

i) Gross Sales (Domestic) - 15.00 22.00 32.00 42.00 55.00
ii) Other income - - - - - -
Total - 15.00 22.00 32.00 42.00 55.00
iii) Less: Excise Duty - - - - - -
Net Sales (i-iii) - 15.00 22.00 32.00 42.00 55.00

COST OF SALES
i) Raw Materials (indigenous) - 12.00 17.60 25.60 33.60 44.00
ii) Other Spares & Consumables - - - - - -
iii) Power & Fuel - ###
iv) Direct Labour (Factory Wages & Salary) - 1.00 2.00 3.00 4.00 5.00
v) Other manufacturing expenses - - - - - -
vi) Depreciation - 0.05 0.07 0.08 0.09 0.10
Sub Total (i to vi) - 13.05 19.67 28.68 37.69 49.10
vii) Add: Opening stock of raw material - - - - -
viii) Less: Closign stock of raw material - - - - -
Cost of production 13.05 19.67 28.68 37.69 49.10
ix) Opening stock of Finished goods & WIP - - - - -
x) Closing stock of Finished goods & WIP - - - - -
Total Cost of Sales - 13.05 19.67 28.68 37.69 49.10
Gross Profit 1.95 2.33 3.32 4.31 5.90
xi) Selling, General & Admin Expenses - 1.00 1.25 1.50 1.75 2.00
Operating profit before interest - 0.95 1.08 1.82 2.56 3.90
xii) Interest on term loan ###
xiii) Interest on working capital - 0.39 0.39 0.39 0.39 0.39
Operating profit after interest - 0.56 0.69 1.43 2.17 3.51
Provision for tax - ###
Profit after Tax - 0.56 0.69 1.43 2.17 3.51
Depreciation - 0.05 0.07 0.08 0.09 0.10
Cash Accruels - 0.61 0.76 1.51 2.26 3.61

4
 M/S BANSAL GABOIN TECH

Particulars/Year 17-18 18-19 19-20 20-21 21-22 22-23

Opening Capital - 5.00 (4.85) (19.41) (34.23) (50.31)
Add: Capital 5.00 - - - -
Add: Profit - 0.56 0.69 1.43 2.17 3.51
Less: Drawings - 10.41 15.25 16.25 18.25 20.25
Closing Capital 5.00 (4.85) (19.41) (34.23) (50.31) (67.05)
 M/S BANSAL GABOIN TECH
LOAN REPAYMENT SCHEDULE

Particulars/Year 17-18 18-19 19-20 20-21 21-22 22-23

Opening 93.75 93.75 75.00 56.25 37.50 18.75

Interest @ 10.60% 2.57 10.94 8.53 6.12 3.71 1.31
Principal Repayment - 18.75 18.75 18.75 18.75 18.75
Closing 93.75 75.00 56.25 37.50 18.75 -

7
 M/S BANSAL GABOIN TECH
DEBT SERVICE COVERAGE RATIO (DSCR)

PARTICULARS 16-17 17-18 18-19 19-20 20-21 21-22

Net Profit - 0.56 0.69 1.43 2.17 3.51

Add: Depreciation - 0.05 0.07 0.08 0.09 0.10
Add: Interest on TL 2.57 10.94 8.53 6.12 3.71 1.31
Total (A) 2.57 11.55 9.29 7.63 5.97 4.92

Term Loan - 18.75 18.75 18.75 18.75 18.75

Interest on TL 2.57 10.94 8.53 6.12 3.71 1.31
Total (B) 2.57 29.69 27.28 24.87 22.46 20.06

DSCR (A/B) - 0.39 0.34 0.31 0.27 0.25

Average DSCR 0.32
 M/S BANSAL GABOIN TECH
Term Loan of Rs. 2.50 Crores
ROI 13.00%
Days in a Year 360
Days in a month 30
Equal Installments 308,641.98

O/s at the
Beginning
Month on the month Interest monthly Principle Monthly
Jan, 2018 6,000,000.00 64,250.00 -
Feb, 2018 8,000,000.00 85,666.67 -
Mar, 2018 10,000,000.00 107,083.33 -
Apr, 2018 9,375,000.00 100,390.63 156,250.00
May, 2018 9,218,750.00 98,717.45 156,250.00
June, 2018 9,062,500.00 97,044.27 156,250.00
July, 2018 8,906,250.00 95,371.09 156,250.00
Aug, 2018 8,750,000.00 93,697.92 156,250.00
Sep, 2018 8,593,750.00 92,024.74 156,250.00
Oct, 2018 8,437,500.00 90,351.56 156,250.00
Nov, 2018 8,281,250.00 88,678.39 156,250.00
Dec, 2018 8,125,000.00 87,005.21 156,250.00
Jan, 2019 7,968,750.00 85,332.03 156,250.00
Feb, 2019 7,812,500.00 83,658.85 156,250.00
Mar, 2019 7,656,250.00 81,985.68 156,250.00
Apr, 2019 7,500,000.00 80,312.50 156,250.00
May, 2019 7,343,750.00 78,639.32 156,250.00
June, 2019 7,187,500.00 76,966.15 156,250.00
July, 2019 7,031,250.00 75,292.97 156,250.00
Aug, 2019 6,875,000.00 73,619.79 156,250.00
Sep, 2019 6,718,750.00 71,946.61 156,250.00
Oct, 2019 6,562,500.00 70,273.44 156,250.00
Nov, 2019 6,406,250.00 68,600.26 156,250.00
Dec, 2019 6,250,000.00 66,927.08 156,250.00
Jan, 2020 6,093,750.00 65,253.91 156,250.00
Feb, 2020 5,937,500.00 63,580.73 156,250.00
Mar, 2020 5,781,250.00 61,907.55 156,250.00
Apr, 2020 5,625,000.00 60,234.38 156,250.00
May, 2020 5,468,750.00 58,561.20 156,250.00
June, 2020 5,312,500.00 56,888.02 156,250.00
July, 2020 5,156,250.00 55,214.84 156,250.00
Aug, 2020 5,000,000.00 53,541.67 156,250.00
Sep, 2020 4,843,750.00 51,868.49 156,250.00
Oct, 2020 4,687,500.00 50,195.31 156,250.00
Nov, 2020 4,531,250.00 48,522.14 156,250.00
Dec, 2020 4,375,000.00 46,848.96 156,250.00
Jan, 2021 4,218,750.00 45,175.78 156,250.00
Feb, 2021 4,062,500.00 43,502.60 156,250.00
Mar, 2021 3,906,250.00 41,829.43 156,250.00
Apr, 2021 3,750,000.00 40,156.25 156,250.00
May, 2021 3,593,750.00 38,483.07 156,250.00
June, 2021 3,437,500.00 36,809.90 156,250.00
July, 2021 3,281,250.00 35,136.72 156,250.00
Aug, 2021 3,125,000.00 33,463.54 156,250.00
Sep, 2021 2,968,750.00 31,790.36 156,250.00
Oct, 2021 2,812,500.00 30,117.19 156,250.00
Nov, 2021 2,656,250.00 28,444.01 156,250.00
Dec, 2021 2,500,000.00 26,770.83 156,250.00
Jan, 2022 2,343,750.00 25,097.66 156,250.00
Feb, 2022 2,187,500.00 23,424.48 156,250.00
Mar, 2022 2,031,250.00 21,751.30 156,250.00
Apr, 2022 1,875,000.00 20,078.13 156,250.00
May, 2022 1,718,750.00 18,404.95 156,250.00
June, 2022 1,562,500.00 16,731.77 156,250.00
July, 2022 1,406,250.00 15,058.59 156,250.00
Aug, 2022 1,250,000.00 13,385.42 156,250.00
Sep, 2022 1,093,750.00 11,712.24 156,250.00
Oct, 2022 937,500.00 10,039.06 156,250.00
Nov, 2022 781,250.00 8,365.89 156,250.00
Dec, 2022 625,000.00 6,692.71 156,250.00
Jan, 2023 468,750.00 5,019.53 156,250.00
Feb, 2023 312,500.00 3,346.35 156,250.00
Mar, 2023 156,250.00 1,673.18 156,250.00
H
s

Outstanding at end of month

6,000,000.00 65,000.00
8,000,000.00
10,000,000.00
9,218,750.00 257,000.00 1,875,000.00
9,062,500.00
8,906,250.00
8,750,000.00
8,593,750.00
8,437,500.00
8,281,250.00
8,125,000.00
7,968,750.00
7,812,500.00
7,656,250.00
7,500,000.00 1,094,257.81
7,343,750.00
7,187,500.00
7,031,250.00
6,875,000.00
6,718,750.00
6,562,500.00
6,406,250.00
6,250,000.00
6,093,750.00
5,937,500.00
5,781,250.00
5,625,000.00 853,320.31
5,468,750.00
5,312,500.00
5,156,250.00
5,000,000.00
4,843,750.00
4,687,500.00
4,531,250.00
4,375,000.00
4,218,750.00
4,062,500.00
3,906,250.00
3,750,000.00 612,382.81
3,593,750.00
3,437,500.00
3,281,250.00
3,125,000.00
2,968,750.00
2,812,500.00
2,656,250.00
2,500,000.00
2,343,750.00
2,187,500.00
2,031,250.00
1,875,000.00 371,445.31
1,718,750.00
1,562,500.00
1,406,250.00
1,250,000.00
1,093,750.00
937,500.00
781,250.00
625,000.00
468,750.00
312,500.00
156,250.00
- 125,488.28
 M/S BANSAL GABOIN TECH
DEPRECIATION SCHEDULE

FURNITU
Plant &
Years / Particulars Land RE & Total
Machinery
FIXTURE
Rate of Depreciation 0% 10% 15%

17-18 Opening Balance - - - -

Additions - 2.00 123.00 125.00
Less: Depreciation - - - -
Closing Balance - 2.00 123.00 125.00

18-19 Opening Balance - 2.00 123.00 125.00

Additions - - - -
Less: Depreciation - 0.20 18.45 18.65
Closing Balance - 1.80 104.55 106.35

19-20 Opening Balance - 1.80 104.55 106.35

Additions - - - -
Less: Depreciation - 0.18 15.68 15.86
Closing Balance - 1.62 88.87 90.49

20-21 Opening Balance - 1.62 88.87 90.49

Additions - - - -
Less: Depreciation - 0.16 13.33 13.49
Closing Balance - 1.46 75.54 77.00

21-22 Opening Balance - 1.46 75.54 77.00

Additions - - - -
Less: Depreciation - 0.15 11.33 11.48
Closing Balance - 1.31 64.21 65.52

22-23 Opening Balance - 1.31 64.21 65.52

Additions - - - -
Less: Depreciation - 0.13 9.63 9.76
Closing Balance - 1.18 54.58 55.76

23-24 Opening Balance - 1.18 54.58 55.76

Additions - - - -
Less: Depreciation - 0.12 8.19 8.30
Closing Balance - 1.06 46.39 47.45

24-25 Opening Balance - 1.06 46.39 47.45

Additions - - - -
Less: Depreciation - 0.11 6.96 7.06
Closing Balance - 0.96 39.43 40.39

5
 M/S BANSAL GABION TECH

Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2022-25

Licensed Capacity (KG) 15 1425600 1425600 1425600 1425600 1425600 1425600
Capacity Utilisation 100% 65% 70% 75% 75% 95% 95%
Capacity Utilisation (In KG) 15 926640 997920 1069200 1069200 1354320 1354320
No of shifts 1 1 1 1 1 1 1
Budgeted Sales (In KG) 15 926640 997920 1069200 1069200 1354320 1354320
Sale Price (per KG) 65 65 65 65 65 65 65
Sales Value (Rs. in lacs) 975 60231600 64864800 69498000 69498000 88030800 88030800
0.01 602.32 648.65 694.98 694.98 880.31 880.31
 Details of Fixed Assets

S.No. Name Rate Qty Amount Supplier

M/s Garg Engineering Works
1 65 MM extruder MC complete with Accessories 1,416,000.00 1.00 1,416,000.00 (Detailed quatation is enclosed)
2 Gabian Box Machine 1 & 2 6,281,204.00 1.00 6,281,204.00 Shijiazhung Golden Harvest Industrial & Trading Co Ltd
3 Misc Stands payoff and Fabrication 1,718,796.00 1.00 1,718,796.00 MisC Vendors Available Locally
5 Ace Diesel Forklift Model AF 30D 863,790.68 1.00 863,790.68 Action Construction Equipment limited
6 PDB Panel 68,000.00 1.00 68,000.00 Power Controls
7 Transformer 261,000.00 1.00 261,000.00 UPPCL
8 Bundle Press Machine 800,000.00 1.00 800,000.00
9 Furniture & fixture 200,000.00 1.00 200,000.00
10 Tools 500,000.00 1.00 500,000.00
11 Electric Installation & fitting 391,210.00 1.00 391,210.00
Total 12,500,000.68