PROJECT CUM

FEASIBILITY REPORT

FOR

OXYGEN AND NITROGEN MANUFACTURING

TITLE OF THE UNIT

CRYOGENIC OXYGEN PLANT

PRABHAVYA INDUSTRIES PVT. LTD.

PLOT NO. R-02, SECTOR-3 SARASWATI HIGH TECH CITY,
NAINI PRAYAGRAJ

PREPARED AND VERIFIED BY

:--

SINGH DWIVEDI & CO.

CHARTERED ACCOUNTANTS
17/A , RAMANAND NAGAR, ALLAHPUR,
ALLAHABAD-211006
PHONE OFF. : 05322557287
MOBILE
:7398650149
E-Mail : singhdwivediandco@gmail.com
 CRYOGENIC OXYGEN PLANT
PRABHAVYA INDUSTRIES PVT. LTD.
PLOT NO. R-02, SECTOR-3 SARASWATI HIGH TECH
CITY,

PROJECT PROFILE ON LIQUID OXYGEN

INDEX PAGE NO.

SL.
NO. PARTICULARS

1 PROJECT AT A GLANCE 1

2 PROJECT PROFILE 2

3 INTRODUCTION 3-10

4 COST OF PROJECT AND MEANS OF FINANCE 11

5 DETAIL OF FIXED ASSETS 12

6 TOTAL WORKING CAPITAL LOAN REQUIREMENTS 13

7 PROJECTED BALANCE SHEET 14

8 PROJECTED TRADING & PROFIT AND LOSS ACCOUNT 15

9 CALCULATION OF INTEREST ON LOAN 16

10 CALCULATION OF DEPRECIATION 17

11 CALCULATION OF DEBT SERVICE COVERAGE RATIO(D.S.C.R) 18

12 REPAYMENT SCHEDULE OF TERM LOAN 19

13 PROJECTED CASH FLOW STATEMENT 20

14 PROJECTED FUND FLOW STATEMENT 21

 PROJECT AT A GALNCE

1 Name and Address of Unit : CRYOGENIC OXYGEN PLANT

PRABHAVYA INDUSTRIES PVT.
LTD.
PLOT NO. R-02, SECTOR-3
SARASWATI HIGH TECH CITY,

2 Constitution : INDIVIDUAL

3 Name and Address : UMESH JAISWAL

S/O HARI RAM JAISWAL
WARD NO. 5 BUS STAND,
VIJYA BANK ,
SHEKHPUR PASCHIM
PHOOLPUR,
PRAYAGRAJ

4 Financial Cost of the Project : Rs. 16,56,10,000.00

5 Own Contribution : Rs. 4,14,02,500.00

6 Term Loan from Bank : Rs. 11,67,07,500.00

7 Working Capital from Bank : Rs. 75,00,000.00

Repayment of Term Loan each in 30 Monthly

8 (Principal) : Rs. 19,45,125.00 Instalment

9 Average D.S.C.R. : 2.34

10 Security Offered : 1 EM of Plant and Machinary

2 Hypothication of Stocks
Personal Gurantee of
3 Borrowers
4 Covered under CGTSME .
 PROJECT PROFILE
ON
OXYGEN & NITROGEN MANUFACTURING PLANT

PRODUCTS STANDARDS: Medical grade IP 2021 -

Certified safe for human use. -
Purity 99-100%
IS 1747 (1972): Nitrogen Gas

PRODUCTION CAPACITY:
Oxygen (liquid / Gases) (Industrial/ Medical)
Capacity (Cum/annum): 21,60,000 (2464.56 MT)
Nitrogen (Liquid / Gases)
Capacity (Cum/Hr.): 21,60,000 (2464.56 MT)

PROJECT COST: Rs. 16.56 Crores

FOR THE FINANCIAL YEAR : 2021-22

PREPARED BY
CA ANIL GUPTA (PARTNER)
M/S SINGH DWIVEDI & CO.
CHARTERED ACCOUNTANTS
7E, CLIVE ROAD , CIVIL LINES
PRAYAGRAG -211001
CELL NO. : +91 7398650149
Email Id. : caanilgupta10@gmail.com
Introduction:

Industrial gas is a group of gases that are commercially manufactured and sold for uses in
other applications. The most common industrial gases are: air gases - Oxygen (O2), Nitrogen
(N2) and Argon (Ar) rare gases - such as Helium (He), Krypton (Kr), Xenon (Xe) and Neon (Ne)
and other gases like hydrogen (H2), Carbon Monoxide (CO), Carbon Dioxide (CO2) and Nitrous
Oxide (N2O), Chlorine (Cl2), Hydrogen Chloride (HCl) and Sulphur Dioxide (SO2), Acetylene
(C2H2), Methane (CH4) and Propane (C3H8). In addition, there are many different mixtures of
these and other gases to meet the needs of specific applications.

Oxygen is an element that can be a solid, liquid or gas depending on its temperature and
pressure. In the atmosphere it is found as a gas, more specifically, a diatomic gas. This
means that two oxygen atoms are connected together in a covalent double bond. Both
oxygen atoms and oxygen gas are reactive substances that are essential for life on Earth.

Usage in the Industry:

The industrial and medical gases industry serves a very large number of customers in the
whole community. Industrial gases are essential for almost all manufacturing. Large
quantities of oxygen, nitrogen and argon are used in the basic and infrastructural industries.
Ship yards and the automotive industry use acetylene, propane, mixtures of fuel gases
and oxygen for cutting and welding. Liquid nitrogen is vital in recycling plastics,
packaging and scrap tyres. The chemical industry employs all major industrial gases as a
raw material or for inerting. The other smaller market segment consists of cylinder gas and
mixtures.

Usage in Medical Line:-

Medical oxygen gas cylinders are regularly needed by medical care staff for therapy and
diagnostic purposes. Medical oxygen gas systems, for example, oxygen concentrators and
compressed oxygen gas cylinders are significantly utilized in homecare settings, and are
generally preferred by old patients who experience issues in mobility, and rely upon a
reliable oxygen supply. Some basic chronic medical conditions like chronic obstructive
pulmonary diseases (COPD), emphysema, chronic bronchitis, a typical long term impact of
smoking require oxygen treatment or supplemental oxygen to get the enough oxygen.
Different kinds of oxygen systems are utilized to conveyed the controlled measure of oxygen
to the patients. Medical oxygen gas is high purity oxygen that is utilized for clinical
 treatments and is produced for use in the human body. Medical oxygen gas cylinders
contain a high purity of oxygen gas; no different sorts of gases are permitted in the cylinder
to prevent infections.

Oxygen Cylinder

An Oxygen Cylinder is a high-pressure, non-reactive, seamless tempered steel container for

compressed gas (O2) used for medical, therapeutic or diagnostic purposes. It gives the
provision of supplemental oxygen to maintain aerobic metabolism during patient transport.

Gaseous oxygen (GOX) is packaged, transported, and used in compressed gas cylinders by
many industries throughout the world. This portable, versatile packaging of oxygen is used for
breathing gas (medical, aircraft, scuba diving, etc.), combustion (cutting, welding, etc.), and
other applications like laboratory-scale experimentation in the power, metal
refining and chemical processing industries.

Oxygen Carriage Vehicle

When transporting liquid oxygen, the cargo compartment needs to have a minimum of two
vents in the forward portion of the cargo area and two in the rear portion. Vents need to be as
close to the floor line as possible. At a minimum, the total natural ventilation must provide 1
square foot per 300 square feet of compartment ceiling area.

Liquid containers should not be left open to the atmosphere for extended periods. Keep all
valves closed and outlet caps in place when not in use. If restriction results from freezing
moisture or foreign material present in openings and vents, contact the vendor for
instructions. Restrictions and blockages may result in dangerous over-pressurization. Do not
attempt to remove the restriction without proper instructions.
Cryogenic containers are equipped with pressure relief devices designed to control the internal
pressure. Under normal conditions these containers will periodically vent product. Do not plug,
remove or tamper with any pressure relief device.

Liquid oxygen is shipped in ISO tanks—specially made cryogenic containers the size of standard
20-foot shipping containers. Each ISO tank is refillable and can store over 21,000 litres of liquid
medical oxygen, the equivalent of two tanker loads. They are also stackable to save space. To
operate, all they need is a heat exchanger, which converts the liquid oxygen into gas that can
be piped into the hospital. More of these tanks are required at hospitals in the most affected
centres.

Need for Oxygen Plant

As the second wave of the Covid-19 pandemic continues to overwhelm India’s medical system,
no resource has emerged as precious or in as short supply as medical oxygen. India has now
recorded over 300,000 Covid-19 cases for over a fortnight in a row. An estimated 17 per cent
of all persons hospitalised with Covid-19 symptoms require medical oxygen, with Government
data released on May 8 saying more than 137,000 people across India are on oxygen support.
This is more than three times the number of those needing oxygen in the first wave.
To make up the supply shortfall, the production of medical oxygen has surged, from 700-800
tons per day in February to over 9,000 tons per day on May 4. Several countries have also sent
India much-needed relief materials, from ISO tanks to oxygen concentrators and cylinders. As
aid has poured in, mostly in the form of oxygen making plants and concentrators, Mukesh
Ambani’s Reliance Industries pitched in, contributing over 1,000 metric tons of medical grade
oxygen per day free of charge. The DRDO is working with several private and public sector
agencies to produce over 700 Pressure Swing Adsorbption (PSA) plants, which use technology
developed for India’s LCA Tejas light fighter aircraft. With the steady increase in cases, the
demand for medical oxygen is unlikely to subside. In Delhi, the Central and state
administration are currently in an unseemly standoff over oxygen supply that led the Supreme
Court to step in on May 7 to compel the Centre to issue Delhi its assigned quota of 700 tons
per day.

(People with cylinders enquire about availability of medical oxygen at a filling station)

Market Outlook

In India, there are presently over 300 small & medium size plants and approximately 25 large
tonnage plants all over the country. These gases are supplied through pipelines to captive
customers in adjacent factories; in cryogenic transport tanks for bulk deliveries to long
distance customers; or filled in cylinders. The present annual turnover of the gas industry,
excluding captive production is about Rs. 3,000 crores ($650 million). With increased
industrialization, the demand pattern of industrial gases is also changing fast. Modern
application in the food processing industry, agro industries, healthcare and technology are
growing at a tremendous pace. This has driven the industry to adopt stringent quality control
systems and an efficient distribution network. Major players in India include BOC India, INOX
Air Products Ltd., Jindal Praxair Oxygen Co. Ltd., Air Liquide India Holding P.Ltd. Aims
Industries Ltd etc.

The Indian gas industry is growing at an average rate of 12 per cent per annum during
the last couple of years, with the industrial oxygen growing consistently at 15-17 per cent per
annum. The growth of industrial gas industry can be easily forecast on the basis of projections
of the steel and other metallurgical industry.
Steel demand is seen rising by 10% in the fiscal year to march 2011, helped by higher
spending on infrastructure will continue to drive growth of the gas industry. Natural gas
comprises 9 % of India's primary energy consumption and it will be 14% of energy mix by
2010. Demand for natural gas is also likely to increase at an average annual growth rate of
7.3%.Metals production and fabrication will continue to be the largest market for industrial
gases, accounting for 31% of total demand in value terms in coming years. The second largest
market will be the chemical processing/petroleum refining segment. The medical/healthcare
market, though smaller in size, will be the fastest growing and record gains from the
expansion of healthcare services in developing nations and rapidly increasing use of home
healthcare respiratory therapies in advanced economics. Hydrogen is gaining prominence and
most companies are striving to develop technologies that can efficiently exploit the potential
of hydrogen. Increased use of natural gas will create an opportunity for higher production of
argon and carbon dioxide. The Industrial gas industry has a very bright future in the coming
years.

Medical Oxygen Gas Cylinder Market: Global Size, Trends, Competitive, Historical &

Forecast Analysis, 2021-2027:- Increasing product offerings for medical oxygen system for

homecare settings and hospitals, and growing prevalence of chronic diseases and rising
Covid-19 cases are some of the major factors driving the growth of Global Medical Oxygen
Gas Cylinder Market.
Global medical gas oxygen cylinder market is segmented on the basis of product,
technology, end-user, size, cylinder type, application and region & country level. Based upon
product, medical gas oxygen cylinder market is classified into portable oxygen concentrator
and cylinders, stationary oxygen concentrator and cylinders and oxygen concentrator and
cylinders. Based on technology, the market is classified into continuous flow and pulse flow.
Based on the end-user, the medical gas oxygen cylinder market is classified into home-care
and non home-care. Based on size, the market is classified into 10L, 40L, 50L and 100L.
Based upon cylinder type, medical gas oxygen cylinder market is classified into fixed and
portable. Based upon application, the market is divided into operating room, emergency
room, respiratory department and household.

Manufacturing Process:

The four products viz. a) Compressed Oxygen, b) Liquid Oxygen, c) Nitrogen and d) Liquid
Nitrogen are all produced from air in the same plant. Air, the raw material is liquefied
cryogenically and the separation of the two components liquid oxygen and liquid nitrogen
takes place in a fractional distillation column. Compressed oxygen and nitrogen gases are
bottled into cylinders by compressors / pumps after vaporization of the respective liquid
fractions.
The air is first compressed in 3 stages to a pressure of 30kg/cm2. Thereafter the removal of
water vapor and carbon dioxide take place in a battery of molecular sieves. The out-going
carbon dioxide and water vapor free air is further compressed to a pressure of 100 kg/cm2
and cooled substantially by external refrigeration. This high-pressure air is cooled further in
heat exchangers by the outgoing product gases. Bulk of this cold air is allowed to expand
through an expansion engine and the remaining air is routed through an expansion valve. The
downstream air of the expansion engine attains a pressure of 5 kg/cm2 and a considerably
reduced temperature. The other stream of air going through the expansion valve (Joule-
Thomson valve) is expanded to also attain a pressure of 5kg/cm2) whereby partial
liquefaction of air takes place.
Both the streams of air are mixed and introduced as a liquid vapor mixture to the bottom
column of the double rectification column (fractional Distillation Column). Due to mass and
heat transfer at every perforated tray in the column the nitrogen rich liquid vapor accumulate
at the top trays and an oxygen rich liquid-vapor mixture collect at the sump of the column.
The liquid nitrogen accumulating at the upper portion of the bottom column is drawn out as
product for storage in Vacuum insulated cryogenic tanks. For production of nitrogen gas, this
liquid nitrogen is pumped from the storage tank through vaporizers for gasification and
bottling into cylinders.
The oxygen rich liquid-vapor mixture at the sump of the bottom column is routed to the top
column of the distillation column, which is at a lower pressure of 0.5kg/cm2. In this low-
pressure column further separation of oxygen and nitrogen vapor, take place through a mass
and heat transfer process at the various trays within the column. The separated oxygen
vapors again settle at the bottom of this column and condense to form liquid oxygen due to
exchange of heat with the colder liquid nitrogen formed at the top of the bottom column.
This liquid oxygen accumulating at the bottom portion of the top column is drawn out as
product for storage in Vacuum insulated cryogenic tanks. For the production of compressed
oxygen, this liquid oxygen can be vaporized by the heat exchange between the incoming
process air and compressed by oxygen compressors for bottling into cylinders. Or else the
stored liquid oxygen can be pumped through vaporizers for gasification and bottling into
cylinders.
Depending upon requirements, the production modes of the plant can be altered to produce:
1) liquid nitrogen and compressed oxygen where the in-built vaporizers are used to fill
compressed oxygen and 2) liquid oxygen only, where external vaporizers are used to fill
compressed oxygen.

Raw material
The raw material for the Oxygen and Nitrogen (gas and liquid) is atmospheric air. Besides this,
the plant will require consumables like lubricants, greases, catalysts and chemicals, which are
available indigenously.
Installed Capacity
The installed capacity is discussed herein below:
 Proposed Nitrogen Oxygen (liquid / Gases) Total
(Liquid / Gases) (Industrial/ Medical)

Capacity (Cum / Hr) 300 300 300

Production Hrs per Day (3 Shifts) 24 24 24
Working days per annum 300 300 300
Annual Capacity (Cum) 2160,000 2160,000 2160,000
Annual Capacity (Metric Tonnes) 2464.56 2464.56 2464.56

Capacity utilisation (%)

Financial Year First Year Second Year Third Year Fourth Year onwards
Percentage 100% 100% 100% 100%

Implementation Schedule
It is estimated that the plant will be completed in 18 months from start of
implementation. Step wise implementation schedule of the project

Licensing/ Registration
All the major necessary licenses and permits are to be applied. A list of the same is
provided below.
Description Status
Village NOC From Gram Panchayat
Trade License From Local Authority
Consent to Establish (Pollution NOC) State Pollution Control Board
Factory License Approach to Chief Inspection of Factories,
State Govt

Power Load Approach to Power Distribution Company

Udyog Aadhaar Memorandum (UAM) Website: udyogaadhaar.gov.in

POWER REQUIREMENT:
The total Electric Power requirement will be about 7 .5 MW. The proposed plant being
a continuous process plant, supply of electric power at 33 or 132 KV through a dedicated
feeder is required.

WATER REQUIREMENT:
About 1,25,000 liters/day of water will be required for operation of the plant, which is
proposed to be met from own bore-well. The ground water is to treated in a water treatment
plant and is to be re-circulated through a Cooling Tower.
 COST OF PROJECT AND MEANS OF FINANCE

( Figures in LAKHS )
S.
N0 COST OF PROJECT Amount

1 Land & Building 1,050.00

2 Furniture & Fixtures -

3 Misc. other Fixed Assets 499.60

4 Working Capital Requirement 100.00

5 Preliminary and Pre Operative Expenses 6.50

Total 1,656.10

MEANS OF FINANCE

( Figures in LAKHS )
S. Working
N0 Mean Term Loan Capital Amount

Total

1 Applicant's Contribution 389.03 25.00 414.03

2 Bank Finance 1,167.08 75.00 1,242.08

Total 1,556.10 100.00 1,656.10

 DETAILS OF FIXED ASSETS

LAND & BUILDING

( Figures in LAKHS )
PARTICULARS AMOUNT

LAND (OWN) 800.00

BUILDING(with Renovation) 250.00

Total cost 1,050.00

DETAILS OF MISC. FIXED ASSETS

( Figures in LAKHS )
PARTICULARS AMOUNT

OXYGEN PLANT 259.60

MEDICAL
CYLINDERS 200.00
TRANSFORMOR -
ENSTALATION 40.00

Total cost 499.60

TOTAL WORKING CAPITAL LOAN REQUIREMENT

( Figures in LAKHS )
S. No. Particulars Amount

1 Raw Material 20.00

2 Staff & Labour 40.00
3 Other Expenses 40.00

Working Capital Loan 100.00

 PROJECTED PROFITABILITY STATEMENT

( Figures in LAKHS )
PARTICULARS YEAR YEAR YEAR YEAR YEAR
1 2 3 4 5
Capacity cubmtr/ hr 300 300 300 300 300
Liquid Oxygen per Cylinder in CUM 7 7 7 7 7

No. of Cylinders per Days 1,029.00 1,029.00 1,029.00 1,029.00 1,029.00

Working Days 300.00 300.00 300.00 300.00 300.00

Rate per Cylinder 220.00 231.00 240.00 250.00 260.00

SALES 679.14 713.10 740.88 771.75 802.62

Total ( A ) 679.14 713.10 740.88 771.75 802.62

COST OF PRODUCTION

Raw Materials 6.17 7.41 8.89 10.67 12.80

Salary & Wages 15.44 16.21 17.02 17.87 18.76

Other Expenses 311.17 333.99 359.07 385.83 412.27

Depreciation 179.94 158.20 139.19 122.57 108.01

Cost Of Production ( B) 512.72 515.80 524.18 536.94 551.84

Add: Opening Stock - 33.96 48.73 51.86 46.31

Less : Closing Stock 33.96 48.73 51.86 46.31 36.12

Cost Of Sales ( C ) 478.76 501.03 521.04 542.49 562.03

Gross Profit ( D ) = (A) - (C) 200.38 212.07 219.84 229.26 240.59

GP % 29.50% 29.74% 29.67% 29.71% 29.98%

Selling & Distribution expenses 26.24 27.55 28.93 30.38 31.89

Profit before interest & tax 174.14 184.51 190.91 198.88 208.70

Interest on Term Loan 57.06 41.72 16.05 0.18 -

Interest on WCL 9.00 9.00 9.00 9.00 9.00

Profit Before Income Tax 108.08 133.79 165.86 189.70 199.70

NP % 15.91% 18.76% 22.39% 24.58% 24.88%

PROJECTED BALANCE SHEET

 ( Figures in LAKHS )
PARTICULARS YEAR YEAR YEAR YEAR YEAR
1 2 3 4 5
LIABILITIES

Proprietor Capital

Opening Balance - 667.11 794.90 953.56 1,134.62

Addition During the Year 564.03

(+) Profit Before tax 108.08 133.79 165.86 189.70 199.70

672.11 800.90 960.76 1,143.26 1,334.32

(-) Drawings 5.00 6.00 7.20 8.64 10.37

667.11 794.90 953.56 1,134.62 1,323.95

Subsidy - - - - -

SECURED LOAN

Term Loan From Bank 972.56 505.73 38.90 (0.00) -

Working Limit From Bank 75.00 75.00 75.00 75.00 75.00

CURRENT LIABILITIES
Sundry Creditors 0.62 0.74 0.89 1.07 1.28

Other Expenses Payable 50.65 101.68 139.13 105.25 107.81

Total 1,765.94 1,478.05 1,207.48 1,315.94 1,508.04

ASSETS

Fixed Assets 1,669.66 1,511.46 1,372.27 1,249.70 1,141.69

INVESTMENTS

Fixed Deposit - - - - -
(Lien with Bank)

CURRENT ASSETS

Closing Stock 33.96 48.73 51.86 46.31 36.12

Sundry Debtors 22.64 23.77 24.70 81.03 85.61

Cash & Bank Balance 39.69 (105.91) (241.35) (61.10) 244.62

Total 1,765.94 1,478.05 1,207.48 1,315.94 1,508.04

 ANNEXTURE OF REPAYMENT OF TERM LOAN

TERM LOAN OF : RS. 1,167.08 Lacs

NO. OF MONTH 30.00

Rs.in lacs

Opening Interest Cumalative Cumalative Closing

Year Balance 5.50% Interest Interest Repayment Repayment Balance
5.50%
2021-22

MAY 1167.08 0.46 5.35 5.35 - 1167.08

JUNE 1167.08 0.46 5.35 10.70 - 1167.08

JULY 1167.08 0.46 5.35 16.05 - 1167.08

AUGUST 1167.08 0.46 5.35 21.40 - 1167.08

SEPTEMBER 1167.08 0.46 5.35 26.75 - 1167.08

OCTOBER 1167.08 0.46 5.35 32.09 - - 1167.08

NOVEMBER 1167.08 0.46 5.35 37.44 38.90 38.90 1128.17

DECEMBER 1128.17 0.46 5.17 42.61 38.90 77.81 1089.27

JANUARY 1089.27 0.46 4.99 47.61 38.90 116.71 1050.37

FEBRUARY 1050.37 0.46 4.81 52.42 38.90 155.61 1011.47

MARCH 1011.47 0.46 4.64 57.06 38.90 194.51 972.56

2022-23

APRIL 972.56 0.46 4.46 4.46 38.90 38.90 933.66

MAY 933.66 0.46 4.28 8.74 38.90 77.81 894.76

JUNE 894.76 0.46 4.10 12.84 38.90 116.71 855.86

JULY 855.86 0.46 3.92 16.76 38.90 155.61 816.95

AUGUST 816.95 0.46 3.74 20.50 38.90 194.51 778.05

SEPTEMBER 778.05 0.46 3.57 24.07 38.90 233.42 739.15

OCTOBER 739.15 0.46 3.39 27.46 38.90 272.32 700.25

NOVEMBER 700.25 0.46 3.21 30.67 38.90 311.22 661.34

DECEMBER 661.34 0.46 3.03 33.70 38.90 350.12 622.44

JANUARY 622.44 0.46 2.85 36.55 38.90 389.03 583.54

FEBRUARY 583.54 0.46 2.67 39.23 38.90 427.93 544.64

MARCH 544.64 0.46 2.50 41.72 38.90 466.83 505.73

 2023-24

APRIL 505.73 0.46 2.32 2.32 38.90 38.90 466.83

MAY 466.83 0.46 2.14 4.46 38.90 77.81 427.93

JUNE 427.93 0.46 1.96 6.42 38.90 116.71 389.03

JULY 389.03 0.46 1.78 8.20 38.90 155.61 350.12

AUGUST 350.12 0.46 1.60 9.81 38.90 194.51 311.22

SEPTEMBER 311.22 0.46 1.43 11.23 38.90 233.42 272.32

OCTOBER 272.32 0.46 1.25 12.48 38.90 272.32 233.42

NOVEMBER 233.42 0.46 1.07 13.55 38.90 311.22 194.51

DECEMBER 194.51 0.46 0.89 14.44 38.90 350.12 155.61

JANUARY 155.61 0.46 0.71 15.16 38.90 389.03 116.71

FEBRUARY 116.71 0.46 0.53 15.69 38.90 427.93 77.80

MARCH 77.80 0.46 0.36 16.05 38.90 466.83 38.90

2024-25

APRIL 38.90 0.46 0.18 0.18 38.90 38.90 0.00

 DEPRECIATION
( Figures
in LAKHS
)
Assets Amount Rate YEAR YEAR YEAR YEAR YEAR
1 2 3 4 5

Furniture - 10% - - - - -

Misc. Fixed Assets 499.60 15% 74.94 63.70 54.14 46.02 39.12

Building 1,050.00 10% 105.00 94.50 85.05 76.55 68.89

Land 300.00 0% - - - - -
(W.D.V method of depreciation)

Total 179.94 158.20 139.19 122.57 108.01

Fixed Assets at end of the year

Furniture - - - - -

Misc. Fixed Assets 424.66 360.96 306.82 260.79 221.68

Building 945.00 850.50 765.45 688.91 620.01

Land 300.00 300.00 300.00 300.00 300.00

Total 1,669.66 1,511.46 1,372.27 1,249.70 1,141.69

 CALCULATION OF DEBT SERVICE COVERAGE RATIO
(D.S.C.R.)
( Figures in LAKHS )
Particulars YEAR YEAR YEAR YEAR YEAR
1 2 3 4 5
Net Profit before Tax 108.08 133.79 165.86 189.70 199.70
Add: Depreciaction 179.94 158.20 139.19 122.57 108.01

Net Cash Accrual 288.02 291.99 305.06 312.27 307.71

Interest on Term Loan 57.06 41.72 16.05 0.18 0.00
Interest on WCL 9.00 9.00 9.00 9.00 9.00
TOTAL 354.08 342.71 330.10 321.45 316.71
Installment of Term
Loan 194.51 466.83 466.83 38.90 -
Interest on Term Loan 57.06 41.72 16.05 0.18 0.00
Interest on WCL 9.00 9.00 9.00 9.00 9.00

TOTAL 260.57 517.55 491.88 48.08 9.00

DSCR 1.36 0.66 0.67 6.69 35.19

Average DSCR 2.34

REPAYMENT SCHEDULE OF TERM LOAN FOR THE FIRST FIVE YEAR OF OPERATIONS
( Figures in LAKHS )
Particulars YEAR YEAR YEAR YEAR YEAR
1 2 3 4 5

TERM LOAN 1,167.08

PRINCIPAL 1,167.08 1,011.20 637.10 263.00 231.83

INSTALLMENT PAYABLE 155.88 374.10 374.10 31.17 -

BALANCE 1,011.20 637.10 263.00 231.83 231.83

INTEREST PAID @5.50% 57.06 41.72 16.05 0.18 27.82

 PROJECTED CASH FLOW FOR THE FIRST FIVE YEAR OF OPERATIONS
( Figures in LAKHS )
YEAR YEAR YEAR YEAR YEAR
1 2 3 4 5
Source of Fund
Fund From Operations:

Net Profit Before Tax 108.08 133.79 165.86 189.70 199.70

Depreciation 179.94 158.20 139.19 122.57 108.01

Net Cash Accrual 288.02 291.99 305.06 312.27 307.71

Less:- Taxation - - - - -

288.02 291.99 305.06 312.27 307.71

Capital Introduced 564.03

Subsidy -
Increase in Current
Liabilities 51.27 51.15 37.60 (33.70) 2.77
Secured Loan

Term Loan 1,167.08

Working Capital Loan 75.00 -

2,145.39 343.14 342.65 278.57 310.47

Application of Funds

Fixed Assets 1,549.60

Repayment of Loan 194.51 466.83 466.83 38.90 -

FDR -

Increase in Current Asset 56.60 15.89 4.06 50.78 (5.61)

Drawing by the proprietor 5.00 6.00 7.20 8.64 10.37

1,805.71 488.72 478.09 98.32 4.76

Opening Cash Balance 39.69 (105.91) (241.35) (61.10)

Surplus/Deficit 339.69 (145.59) (135.44) 180.25 305.71

Closing Balance 39.69 (105.91) (241.35) (61.10) 244.62

 PROJECTED FUND FLOW FOR THE FIRST FIVE YEAR OF OPERATIONS
( Figures in LAKHS )
YEAR YEAR YEAR YEAR YEAR
1 2 3 4 5
Source of Fund 1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR
Fund From Operations:

Net Profit Before Tax 108.08 133.79 165.86 189.70 199.70

Depreciation 179.94 158.20 139.19 122.57 108.01

Net Cash Accrual 288.02 291.99 305.06 312.27 307.71

Less:- Taxation - - - - -

288.02 291.99 305.06 312.27 307.71

Capital Introduced 564.03

Subsidy -
Increase in Current
Liabilities 51.27 51.15 37.60 (33.70) 2.77
Secured Loan

Term Loan 1,167.08

Working Capital Loan 75.00 -

2,145.39 343.14 342.65 278.57 310.47

Application of Funds

Fixed Assets 1,549.60

Repayment of Loan 194.51 466.83 466.83 38.90 -

FDR -

Increase in Current Asset 96.28 (129.69) (131.38) 231.03 300.11

Drawing by the proprietor 5.00 6.00 7.20 8.64 10.37

1,845.39 343.14 342.65 278.57 310.47