ON

Submitted By

ADARSHA SHG
ADDRESS: VILL-ADARSHA PALLI
PO+PS-MANUGHAT, SUBDIVISION-LTV PIN NO-799275
PRESIDENT:
CONTACT NO: 9862447588
ADDRESS: VILL-ADARSHA PALLI
PO+PS-MANUGHAT, SUBDIVISION-LTV PIN NO-799275

HIGHLIGHT OF THE PROJECT SUMMERY

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 1 Name of the Activity : DRY FISH BUSINESS
2 Name of the Entrepreneur : ADHARSHA SHG
3 President name of SHG :
4 Total Members of the SHG :
5 Address of applicant :Vill-Adarsha Pally, Po+Ps-Manughat,
(Parmanent/present) Subdision-Langtarai vally, Dhalai
6 Location of the proposed unit : Manu bazaar
7 Registration Date of SHG :
8 Aadhar No of President :
9 Pan card No of President :
10 Contact No : 9862447588
11 Technical qualification & other :Nil
12 Experience :5 years of this business
13 Employment potential : SHG Members
14 Proposed bank : UBI BANK, Manu Branch
15 Repayment Method : As per bank norms or 5years
1 Total project cost:- :Rs. 3,00,000.00
6
17 a) Working capital :Rs.2,00,000.00
b) Fixed capital :Rs.1,00,000.00
18 Source of fund:-
19 a) Own contribution (5%) :Rs. 15,000.00
b) Bank loan under :Rs.2,85,000.00
swabalamban scheme
20 Address of raw materials :Agartala,& Kolkata, Guwahati
21 Cost of production (PA) 10,00,000.00
22 Turn Over (PA) 13,00,000.00
23 B.E.P 40%
24 Net profit on sale (%) 20-30%

PROJECT REPORT
ON
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 DRY FISH BUSINESS

INTRODUCTION:

Salted  fish, such as kippered herring or  dried  and salted cod, is  fish  cured with  dry  salt and thus
preserved for later eating.  Drying  or salting, either with  dry  salt or with brine, was the only widely
available method of preserving  fish  until the 19th century.
Fresh fish rapidly deteriorates unless some way can be found to preserve it. Drying is a method of food
preservation that works by removing water from the food, which inhibits the growth of microorganisms.
Open air drying using sun and wind has been practiced since ancient times to preserve food

MARKET POTENTIAL:

During the study, it has been observed that the marketing channel follows the similar pattern to
that of other fish products. The dry fish marketing channel starts with a farmer and ends with the ultimate
consumer involving a number of intermediaries in between. The involvement of these marketing
intermediaries provides services for head loading, packaging and transporting of dry fishes and these
activities result in cost addition at every stage of marketing (Bishnoi, 2005).
In three selected khuties Middlemen or Paikersplay a pivotal role in the marketing channel between the Fish
curers (who sun drying the raw materials) and wholesaler. The dried fish was found out to be stored in small
huts with thatched roofs, near the drying yards. The properly dried fishes are packed in gunny bags and are
sold as wholesale to Paikers, who sell the product to Wholesaler, who then sell the product to retailer or
export the product with in the country in different states or in the neighbouring country.

EXPORT STATUS OF DRY FISH

The study reveals that out of 30 khuti owners of the selected area, most of the respondents (15.6
nos. /52%) sell their good quality dry fish to the big traders who in turn export their end product outside the
districts as well as to other states and the rest (14.4 nos./48%) of the respondents sell their end products in
the local markets of the respective districts. Generally, the quality end product suitable for human
consumption is exported to several states of India and as well as in abroad. In India, the end product is
exported to the states like Assam, Bihar, Uttar Pradesh, Odisha, Tripura, Manipur and other North-Eastern
states. It is also exported to foreign countries namely Bangladesh, Myanmar, Nepal, China and Pakistan. As
such 52% of the fish-curers undertake export of dry fish mostly to Bangladesh through middlemen/traders
and earn good amount of money. The same type of observation was noticed by Samanta et al., 2016. Saha
(1970) stated that the people of the districts of Chittagong, Barishal, Khulna, Mymensing of Bangladesh,
prefer dry fish

FINANCIAL ASPECT

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 A. Fixed Expenditure : Rs.1,00,000.00

1. Cost of Electric wiring, Fan, Tube : Rs.10,000.00

Bulb etc.
2. Miss. Expenses : Rs. 60,000.00
(Furniture, counter, chair, table, rack,
Etc. would be required for the shop, the expected
Expenditure over which would be around)
3. Expenses over the decoration of the shop : Rs.30,000.00

THUS THE TOTAL FIXED CAPITAL : RS.1,00,000.00

(1+2+3 of A)

B. Working Capital

1. RAW MATERIALS : Rs.1,10,000.00

(Eg. All kind of dry fish, like -Seafood. Shrimp.
King Crab. Black Tiger Prawns. Fish Steak.
King Prawn Black Tiger. Bombay, Duck Fish.
Fresh Fish. Tuna Fish. Anchovy Fish. Ribbon 
Fish. Frozen Sea Foods. Fish. Poultry Feed. Catfishes)

2. MANPOWER FOR ONE MONTH:

i. Manager cum Supervisor : SELF
ii. Skilled sell man 1No. @ Rs.3,000/- : Rs. 36,000.00
3. Shad & building (PM) (Rented) : Rs. 36,000.00

a) Transportation : Rs. 5000.00

b) Insurance : Rs. 3000.00
c) Others expenses : Rs. 10,000.00
…………………………………
Total Rs.90,000.00

Thus, total working capital : Rs.2,00,000.00

TOTAL EXPENDITURE OF THE PROJECT
a) NON-RECURRUNG EXPENDITURE : Rs.1,00,000.00
b) RECURRING EXPENDITURE : Rs. 2,00,000.00

MEANCE OF FINANCE

a) Own Contribution 5% : Rs. 15,000.00

b) Bank Loan under @ 95% : Rs.2,85,000.00

: Total – Rs.3,00,000.00

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COST OF PRODUCTION (PER ANNUMN)

a) Raw materials : Rs.9,00,000.00

b) Man power for 12 month : Rs. 36,000.00
c) Other expenses for 12 month : Rs. 3,200/-
d) Depreciation on fixed assets @ 20% : Rs. 1,000/-
e) Interest on loan @ 12% : Rs. 12,000/-

Total- Rs.9,52,200/-

SALE REALIZATION (PER ANNUMN)

Turnover per year Total: 12,00,000.00

PROFITABILITY ACCOUNT (P.A):

SALE REVENUE COST OF PRODUCTION OPERATING PROFIT

RS.12,00,000.00 RS.9,52,200 RS.2,47,800.00
*Operating profit : Rs.2,47,800.00
*IT payable : Rs.00.00
*Net Profit : Rs.2,47,800.00

% of profit on sale profit X 100

………………………………
Sale
247800 X 100
…..……………………….
1200000

= 21%

BREAKING EVEN POINT ANALYSIS

(Compound on Fixed Cost)
a. 12% of labour cost : Rs.36,000.00
b. 10% of other expenses : Rs. 3,200.00
c. Total depreciation : Rs. 1,000.00
d. Interest : Rs.12,000.00

Total – Rs. 52,200.00

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Thus, B.E.P = Fixed Cost x 100
------------------------------
Fixed Cost + Profit

52200 x100
= -------------------------------
52200+247800

= 18% (on operation)

INTEREST CALCULATION & REPAYMENT SCHEDULE

*Rate of Interest : @ 12% P.A

*Repayment Period : 5 Years
*Moratorium : Nil
Amortization Schedule Rs.1,00,000.00

Year Repayment interest Principal Balance

1st Year 27,740.97 12,000.00 15,740.97 84,259.03

2nd Year 27,740.97 10,111.08 17,629.89 66,629.14
3rd Year 27,740.97 7,995.50 19,745.47 46,883.67
4th Year 27,740.97 5,626.04 22,114.93 24,768.74
5th Year 27,740.99 2,972.25 24,768.74 0.00

Note: Particulars Capacity Utilization (Rs in '000)

1. All figures mentioned above are only indicative.
2. If the investment on Building is replaced by Rental then
a. Total Cost of Project will be reduced.
b. Profitability will be increased.
c. Interest on C.E.will be reduced

Date Signature of
the Applicant

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