PROJECT REPORT OF

ASHOK LEYLAND DOST

2-76 F, ROOPASHREE COMPLEX,

BASAVANAGUDI, MALADY VILLAGE
MADANTHYAR POST BELTHANGADY,
Dakshina Kannada, Karnataka, 574224

PROMOTER
GANGADHARA POOJARY

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 PROJECT AT GLANCE
NAME OF PROMOTER : GANGADHARA POOJARY

AADHAR NO : 951414717759

PAN NO : AYRPG0512A

DATE OF BIRTH : 25th Dec 1982

LOCATION OF UNIT : 2-76 F, ROOPASHREE COMPLEX,

BASAVANAGUDI, MALADY VILLAGE
MADANTHYAR POST BELTHANGADY,
Dakshina Kannada, Karnataka, 574224

CONSTITUTION : PROPRIETARY CONCERN

MEANS OF FINANCE

TERM LOAN : 7,00,000.00

PROM'S CONTRIBUTION : 2,54,361.00

LOAN TERM PERIOD : 7 YEARS

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 CHAPTER-I
Scope & Potentaility
For the development of any economy Transport system should be well planned There are various types of Transport
in which Road Transport plays a key role in India. All the corners of the Country have well planned Road system.
Now a days it taken more time for transfer of goods to their respective destination due to many factors. But Super
Carry only can serve this purpose and are more convenient. It can be used for transporting Construction Meterial
such as Crusher Dust, Sand, Crusher stone etc..
DETAILS OF PROJECT

PARTICULARS VENDOR AMOUNT

Ashok Leyland Dest Plus LS-Containor B56 KANCHANA 9,54,361.00

AUTOMOTIVE

TERM LOAN REPAYMENT SCHEDULE

An amount of Rs 7 lakh is required as term loan from Bank which will be repaid over a period
Of 7 years. The term loan will bear an interest rate of 10.5% p.a. The detailed term loan
Repayment schedule has been worked out as follows:-

OPENING CLOSING
YEAR INSTALMENT INTEREST PRINCIPAL
BALANCE BALANCE
I 7,00,000.00 1,41,629.65 70,123.72 71,505.93 6,28,494.07
II 6,28,494.07 1,41,629.65 62,243.52 79,386.13 5,49,107.93
III 5,49,107.93 1,41,629.65 53,494.89 88,134.76 4,60,973.17
IV 4,60,973.17 1,41,629.65 43,782.14 97,847.51 3,63,125.66
V 3,63,125.66 1,41,629.65 32,999.01 1,08,630.65 2,54,495.01
VI 2,54,495.01 1,41,629.65 21,027.53 1,20,602.12 1,33,892.89
VII 1,33,892.89 1,41,629.65 7,736.76 1,33,892.89 -0.00

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 GANGADHARA POOJARY
TOTAL WORKING CAPITAL REQUIREMENT COMPUTATION

FINANCIAL ASPECTS:

I) FIXED CAPITAL :

DETAILS
B) MACHINERY
OF VEHICLE
& EQUIPMENT:
KANCHANA AUTOMOTIVE
Model Description :Ashok Leyland Dest Plus LS-Containar B56
PARTICULARS AMOUNT

EX Showroom price (Including GST) 8,74,901.00

Stdfitments, Ext waranty ,speed lock 18,300.00
Number plate 800.00
Insurance 30,210.00
Road tax 16,650.00
Registration charges 13,500.00
Total on Road Price 9,54,361.00

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 GANGADHARA POOJARY
PROJECTION OF PERFORMANCE ,PROFITABILITY STATEMENT & D.S.C.R.:
(Amount In Rs. )
YEAR 1 2 3 4 5 6 7
Capacity Utilization 70.00 75.00 80.00 85.00 90.00 95.00 100.00

A. ANNUAL SALES REVENUE

-Revenue from Service 12,45,600.00 12,98,982.86 13,94,496.30 14,97,032.80 16,07,108.74 17,25,278.50 18,52,137.21

12,45,600.00 12,98,982.86 13,94,496.30 14,97,032.80 16,07,108.74 17,25,278.50 18,52,137.21

B. COST OF SALES
- Fuel Charges 1,81,784.00 1,99,962.40 2,19,958.64 2,41,954.50 2,66,149.95 2,92,764.95 3,22,041.44
-Motor & Other Muncipal Taxes 18,450.00 3,100.00 3,565.00 4,099.75 4,509.73 4,960.70 5,456.77
-Insurance Premium Including Taxes 30,210.00 25,678.50 21,826.73 18,552.72 15,769.81 13,404.34 11,393.69
-SALARIES & WAGES -
- SALARIES 2,17,000.00 2,50,000.00 2,90,000.00 3,30,000.00 3,75,000.00 4,10,000.00 4,40,000.00
-Maintenance Exp 21,200.00 26,500.00 35,775.00 50,085.00 72,623.25 1,05,303.71 1,52,690.38
-Cost of Oil & Spares , Tubes 74,500.00 85,675.00 98,526.25 1,13,305.19 1,24,635.71 1,37,099.28 1,50,809.20
-Depreciation 2,86,309.30 2,00,417.81 1,40,294.07 98,207.75 68,747.62 48,125.84 33,690.89
8,29,453.30 7,91,333.71 8,09,945.68 8,56,204.90 9,27,436.07 10,11,658.81 11,16,082.37

C. GROSS PROFIT 4,16,146.70 5,07,649.15 5,84,550.62 6,40,827.89 6,79,672.67 7,13,619.69 7,36,054.84

FINANCIAL EXPENSES
- INTEREST ON TERM LOAN 70,123.72 62,243.52 53,494.89 43,782.14 32,999.01 21,027.53 7,736.76

D. PROFIT( BEFORE TAXES) 3,46,022.98 4,45,405.63 5,31,055.73 5,97,045.75 6,46,673.66 6,92,592.15 7,28,318.07

- PROVISION FOR TAXES - - 18,711.15 31,909.15 41,834.73 20,277.65 30,995.42

E. PROFIT( AFTER TAXES) 3,46,022.98 4,45,405.63 5,12,344.58 5,65,136.60 6,04,838.93 6,72,314.51 6,97,322.65

-DEPRECIATION, ADDED BACK 2,86,309.30 2,00,417.81 1,40,294.07 98,207.75 68,747.62 48,125.84 33,690.89

F. CASH ACCRULAS 6,32,332.28 6,45,823.44 6,52,638.65 6,63,344.35 6,73,586.55 7,20,440.34 7,31,013.54

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 GANGADHARA POOJARY
BALANCE SHEET
0 (Amount In Rs. )
Particulars 1 2 3 4 5 6 7

A. SOURCE OF FUNDS
- SHARE CAPITAL 2,54,361.00 1,50,383.98 45,789.61 8,134.19 23,270.79 48,109.72 1,00,424.22
- ADD : PROFITS 3,46,022.98 4,45,405.63 5,12,344.58 5,65,136.60 6,04,838.93 6,72,314.51 6,97,322.65
- LESS : DRAWINGS 4,50,000.00 5,50,000.00 5,50,000.00 5,50,000.00 5,80,000.00 6,20,000.00 6,20,000.00
- NET WORTH 1,50,383.98 45,789.61 8,134.19 23,270.79 48,109.72 1,00,424.22 1,77,746.87

LOANS
- BANK BORROWINGS 6,28,494.07 5,49,107.93 4,60,973.17 3,63,125.66 2,54,495.01 1,33,892.89 -

- CURRENT LIABLITIES
- SUNDRY CREDITORS 38,233.65 43,968.70 50,564.00 72,244.03 1,04,500.00 1,52,030.18 1,52,031.18
- OTHER CURRENT LIABLITIES - - 18,711.15 31,909.15 41,834.73 20,277.65 30,995.42
-
TOTAL 8,17,111.70 6,38,866.24 5,38,382.51 4,90,549.63 4,48,939.46 4,06,624.94 3,60,773.48

B. APPLICATION OF FUNDS
- FIXED ASSETS
- GROSS BLOCK 9,54,361.00 6,68,051.70 4,67,633.89 3,27,339.82 2,29,132.08 1,60,384.45 1,12,258.62
- DEPRECIATION 2,86,309.30 2,00,417.81 1,40,294.07 98,207.75 68,747.62 48,125.84 33,690.89
- NET BLOCK 6,68,051.70 4,67,633.89 3,27,339.82 2,29,132.08 1,60,384.45 1,12,258.62 78,567.73

- CURRENT ASSETS
- SUNDRY DEBTOR 1,24,500.00 1,45,007.18 1,72,592.68 2,20,217.55 2,37,355.01 2,46,806.32 2,54,644.74
- PRELIMINARY EXPENSES - - - - - - -
- CASH & BANK BALANCE 24,560.00 26,225.17 38,450.00 41,200.00 51,200.00 54,500.00 58,500.00

TOTAL 8,17,111.70 6,38,866.24 5,38,382.50 4,90,549.63 4,48,939.46 4,13,564.94 3,91,712.47

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 GANGADHARA POOJARY
DEBT SERVICE COVERAGE RATIO
(Amount In Rs. )
1 2 3 4 5 6 7

- PROFIT AFTER TAX 3,46,022.98 4,45,405.63 5,31,055.73 5,97,045.75 6,46,673.66 6,92,592.15 7,28,318.07
- DEPRECIATION 2,86,309.30 2,00,417.81 1,40,294.07 98,207.75 68,747.62 48,125.84 33,690.89
- INTEREST ON TERM LOAN 70,123.72 62,243.52 53,494.89 43,782.14 32,999.01 21,027.53 7,736.76
TOTAL COVERAGE 7,02,456.00 7,08,066.96 7,24,844.69 7,39,035.64 7,48,420.29 7,61,745.52 7,69,745.72

- LOAN REPAYMENT 71,505.93 79,386.13 88,134.76 97,847.51 1,08,630.65 1,20,602.12 1,33,892.89

- INTEREST ON TERM LOAN 70,123.72 62,243.52 53,494.89 43,782.14 32,999.01 21,027.53 1,20,602.12
TOTAL LOAN LIABILITY 1,41,629.65 1,41,629.65 1,41,629.65 1,41,629.65 1,41,629.65 1,41,629.65 2,54,495.01

DSCR 4.96 5.00 5.12 5.22 5.28 5.38 3.02

AVERAGE DSCR 6.80

Prepared By

Mohammad Yasir Hussain

Tax Practitioner
Enrolment No : 291900005657GP2
Mudabidri-574227
Mobile No : 91 99800 75278
Mail Id : myhmdb@gmail.com

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