PROJECT REPORT

M/S PANWAR KRISHI FARM

(Prop. Smt. Antim Kanwar)
Gram: Bagatpur , Dist. Chittorgarh -312001
PROJECT REPORT
M/S PANWAR KRISHI FARM
(Prop. Smt. Antim Kanwar )
GRAM :- BAGATPUR
TEH. & DIST : - CHITTORGARH (RAJ.) - 312001

COST OF PROJECT Amount (Rs.)

Land Own
Civil Construction 677000.00
Working Capital Margin 66000.00

Total 743000.00

SOURCES OF FINANCE

Own Contribution 143000.00

Term Loan from Bank 600000.00

Total 743000.00
 FIXED ASSETS DETAILS

1 CIVIL CONSTRUCTION

Sr. No. Particulars Amount

1 Construction Of Shed (GF) 677000.00

As per Valuer Estimate

677000.00
A RECURRING EXPENSES :
BASIS
Working Day Per Annum 300
Capacity (VERMICOMPOST ) 80 M.T. Per Year

Capacity Utilisation (%)

1 st Year 70%
2 nd Year 80%
3 rd Year 90%
Capacity Envisaged I Year 56 M.T.

COST OF PRODUCTION :-

1 Raw Material (Per Year)

Kechua (Lumbricina) 40 Kg @ 500 Per Kg. 20000.00
Biodegradable waste 0.00

Total 20000.00
Say Rs. 0.20 Lac

2 Utlilites

Water By Own Source

Power Rs. 1000/- Per Month 1000x12 Month 12000.00

Total 12000.00
Say Rs. 0.12 Lac
3 Salary & Wages

Category Nos. Monthly / Salary Total

Salary & Wages

Supervisor/Entrepreneur 2 4000 96000.00
Skilled Workers 4 3000 144000.00
Total 240000.00

Total Salary & Wages Per Month 20000.00

Total Salary & Wages Per Annum (12 Months) 240000.00

Say Rs. 2.40 Lac

4 Administrative Expenses
Postage, Telephone & Telegram 0.00
Legal & Professional Charges 0.00
Printing & Stationery 0.00
Insurance 0.00
Rent , Rates & Taxes 0.00
Misc. Expenses 2000.00
Transportation Expenses 6000.00

Total 8000.00
Say Rs. 0.08 Lac

5 Interest

Term Loan of Rs. 6.00 Lac @ 11% p.a 66000.00

Total 66000.00
Say Rs. 0.66 Lac

6 Sales Realisation

56 MT Vermi Compost @ Rs. 10000/- Per MT 560000.00

Total 560000.00
Say Rs. 5.60 Lac
SUMMARY (Rs. In Lac)

Raw Material 0.20

Utilities 0.12
Salary & Wages 2.40
Administrative Expenses 0.08
Interest on Bank Term Loan 0.66

Total Cost of Production 3.46

Sales Realisation 5.60
Net Profit 2.14
 Estimate of Cost of Production & Profitability Statement :-

(Rs. In Lacs)
Particulars I II III IV V

(A) Capacity ( M.T.) Details given separately

(B) Production Envisaged (M.T.) Details given separately

(C ) Capacity Utilisation (%) 70 80 90 90 90
(D) Manufacturing Expenses

Raw Material 0.20 0.24 0.28 0.30 0.31

Utilities 0.12 0.14 0.17 0.18 0.19
Salary & Wages 2.40 2.64 2.90 3.19 3.51
Administrative Expenses 0.08 0.09 0.10 0.11 0.12
Interest on Bank Term Loan 0.66 0.53 0.40 0.26 0.13

Cost of Production 3.46 3.64 3.85 4.04 4.26

(B) Sales 5.60 6.53 7.56 7.94 8.34

Operating Profit 2.14 2.89 3.71 3.90 4.08
Taxation 0.00 0.00 0.04 0.05 0.05
Net profit after Tax 2.14 2.89 3.68 3.86 4.02
Gross Cash Accruals 2.14 2.89 3.68 3.86 4.02

DSCR = Cash Accrual + Int. on Term Loan 16.59+ 1.98

Term Loan + Int. On Term Loan 6.00 + 1.98

Avg. DSCR = 2.33

WORKING CAPITAL STATEMENT :-

S. NO. PARTICULARS PERIOD AMOUNT

2 Sundry Debtors 30Days 56000.00

3 Cash for Exp. Est. 10000.00

Total 66000.00
Cash Flow Statement :- (Rs. In Lacs)

SOURCES OF FUND Const. I II III IV V

Increase in Capital 1.43 0.00 0.00 0.00 0.00 0.00

Unsecured Loan 0.00 0.00 0.00 0.00 0.00 0.00

Increase in Bank Borrowings 0.00 0.00 0.00 0.00 0.00 0.00

Increase in Term Loan 6.00 0.00 0.00 0.00 0.00 0.00

Net Profit after Tax 0.00 2.14 2.89 3.68 3.86 4.02

Increase in Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00

7.43 2.14 2.89 3.68 3.86 4.02

APPLICATION OF FUND

Increase in Capital Exp. 6.77 0.00 0.00 0.00 0.00 0.00

Increase in Investment 0.00 0.00 0.75 1.50 2.00 2.00

Repayment of Term Loan 0.00 1.20 1.20 1.20 1.20 1.20

Increase in Current Assets 0.00 0.47 0.08 0.09 0.03 0.03

Drawings 0.00 0.00 0.00 0.00 0.00 0.00

6.77 1.67 2.03 2.79 3.23 3.23

Opening Balance 0.00 0.66 1.13 1.99 2.89 3.51

Surplus during the Year 0.66 0.47 0.86 0.89 0.62 0.79

Closing Balance 0.66 1.13 1.99 2.89 3.51 4.30

Projected Balance Sheet :- (Rs. In Lacs)

Particulars I II III IV V

Liabilities
Capital 1.43 1.43 1.43 1.43 1.43

Reserve & Surplus 2.14 5.03 8.71 12.56 16.59

Term Loan 4.80 3.60 2.40 1.20 0.00

TOTAL-------------- 8.37 10.06 12.54 15.19 18.02

Assets

Civil Construction (Shed) 6.77 6.77 6.77 6.77 6.77

Investment 0.00 0.75 2.25 4.25 6.25

Sundry Debtors 0.47 0.54 0.63 0.66 0.69

Cash & Bank Balance 1.13 1.99 2.89 3.51 4.30

TOTAL-------------- 8.37 10.06 12.54 15.19 18.02

Note : Excss cash / bank balance will be utilised for early repayment of T.L.
Calculation of Interest on Term Loan :-
(Rs. In Lacs)
Particulars I II III IV V

Opening Balance 6.00 4.80 3.60 2.40 1.20

Principal Component 1.20 1.20 1.20 1.20 1.20

Closing Balance 4.80 3.60 2.40 1.20 0.00

Interest for whole Year @11% 0.66 0.53 0.40 0.26 0.13