CONTENTS

S.No. Description
1 Project Summary
2 Introduction
3 About The Joint applicant
4 Process Flow Chart
5 Economics of The Project
Covering:
a Basis & Presumptions
b Capacity & Utilization
c Land
d Building & Structures
e Machinery & Equipment
f Misc. Fixed Assets
g Total Cost of the Project
h Means of Finance
i Working Capital & Margin Money Calculations
j Staff & labour
k Raw Materials & Consumables
l Power/Water
m Depreciation
n Repair & Maintenance
o Insurance
p Sales Expenses
q Projection of Performance & Profitability Analysis
r Break Even Point Analysis
s Projected Balance Sheet
t Cash Flow Statement
u Debt Service Coverage Ratio
v Current Ratio
 CHAPTER-I

PROJECT SUMMARY

1 Name of Proprietor : *Mr. Rahisuddin

2 Constitution : Proprietorship

3 Name of Firm : M/s KGN TUFF

4 Address A-160, Pushpa Bhawan, Durga Vihar, Delhi

: (south) 110062

HEAD OFFICE:
5 Location : Plot No. I-46, Industrial Area Gajraula-II
WORKS/FACTORY:
Plot No. I-46, Industrial Area Gajraula-II

6 PAN : AIEPR2221G

7 DIC No. : 90061200434

8 Proposed Project to be set-up : Manufacturing of Toughened Glass

9 Annual Capacity in Rs : 1260 Lakhs

10 Major Raw Materials : Glass

11 Power Load Required : 15 KW

12 Employment : 12 Persons
13 Total Cost of the Project : (Rs. In Lakhs)

a. Land : 105.00

b. Building : 89.139

c. Machinery & Equipment : 177.70

d. Misc. Fixed Assets : 4.25

Pre-liminary and Pre-operative

e.
Expenses : 0.89

f. Contingencies/Price Escalation : 2.71

g. Margin Money for Working Capital : 8.54

Total Rs. 388.23 Lakhs

14 Means of Finance

a. Term Loan From Bank 75.00

Share Capital+Unsecured Loan from

b. Friends/Relatives 313.23

Total Rs. 388.23 Lakhs

Promoter's Share to Project Cost 80.68%

Debt-Equity Ratio 0.24 :1

c. Working Capital Loan 25.63

15 Annual Profitability
(at 60% Efficiency)-1st Year

a. Annual Revenues Rs. 756.00 Lakhs

b. Profit Before Tax Rs. 21.49 Lakhs

c. Percentage Profits 1.96%

d. Annual return on Investment 5.53%

e. Average Break-even Point 24.98

f. Debt Service Coverage Ratio 4.20

g. Current Ratio 1.84

 Chapter-II
INTRODUCTION
The project is for setting up of a unit to manufacture:-
Toughened Glass

Mr. Rahisuddin (Proprietor) Under KGN TUFF proposes to expand its business unit at plot
No. I-46, Gajraula Industrial Area.
Toughened glass acquires a degree of strength for excess of the strength of normal
glass sheet or plate glass, which if broken shatters into small and comparatively
harmless pieces. It is claimed that the resistance to mechanical stock of toughened
plate glass is 4 to 5 times more than that of ordinary plate glass. A toughened glass
has better resistance to the vibration, mechanical shock and abrasion.The granular chunks
are less likely to cause injury. As a result of its safety and strength, toughened glass is used
in a variety of demanding applications, including passenger vehicle windows, shower doors,
architectural glass doors and tables, refrigerator trays, mobile screen protectors, as a
component of bulletproof glass, for diving masks, and various types of plates and cookware.

MARKET POTENTIAL
With increased transportation facilities the demand of the product is increasing
at a steady pace especially in the automobile industry, railways, ships building both
for production and replacement. Local market and advertisement has become very
essential for the success of any business activity. As such it is found to have scope for
starting new small scale units for the manufacture of Toughened glass to meet the growing
demand.
The Indian glass market is estimated to increase at a CAGR of 15% over the next three
years. Indian glass market is set to increase at a compound annual growth rate (CAGR) of 15
per cent over the next three years. The glass consumption growth is expected in
construction (10-12 per cent), automotive (20 per cent), consumer goods (15-20 per cent)
and pharmaceuticals (15-18 per cent) sectors.

The Promoters are sure of success of this project.

 CHAPTER- III

ABOUT THE FIRM

M/s KGN TUFF is a proprietorship business having its office/ works at:
Correspondence Address:
Plot No. I-46, Industrial Area Gajraula-II

Location:
Plot No. I-46, Industrial Area Gajraula-II

The promoter of the Firm is:

Mr. Rahisuddin, S/o Nizamuddin, born on 27th of November 1978, residing in A-160, Pushpa Bhawan, Durga Vihar,
South Delhi-110062 . He is having more than 14 Years of experience in this sector since he has started as worker in
2008 and thus have a in-depth knowledge regarding all the necessary aspects in this line of activity.

Proprietor of firm is
Well qualified
Financially Sound
Possess rich business experience

A er thorough study of the market demand of the project, they're keen to establish this unit.
 CHAPTER - IV

Process Flow Chart

Receipts of the Raw Glass

Inspection of the Glass

Marking for cutting

Edging , Holes & Cutouts

Inspection of the Glass

Washing

Toughening

Inspection of Glass

Dispatch of Glass
 CHAPTER-V
ECONOMICS OF THE PROJECT

a BASIS OF PRESUMPTION

No. of working Days per Annuum : 300

No. of working Shift(s) per day : single

No. of Working Hours per Shift : 8

b PRODUCT(S) MIX, CAPACITY & ITS UTILISATION

Amount
Services Square Feet Rate (Rs)
(Rs. In Lakhs)

Toughened Glass 600000 210 1260.00

1260.00

Capacity Utilization

First Year of Operation : 60.00%

Second Year of Operation : 65.00%

Third Year of Operation : 70.00%

Fourth Year of Operation : 75.00%

Fifth Year & Onward Years

of Operation : 80.00%

c LAND

a. Cost of Plot : 105.00 Lakhs

Total Cost of Plot : Rs. 105.00 Lakhs

d BUILDING & STRUCTURES

a. Cost of Building after Depreciation : 89.139 Lakhs

Total Rs. 89.139 Lakhs

Total Cost of Building : Rs. 89.14 Lakhs
e MACHINERY AND EQUIPMENT

Qty. Rate(Rs. In Amount

S.NO. DESCRIPTION
Nos. Lakhs) (Rs. In Lakhs)
1 Glass Straight Line Edging Machine 2 14.86 29.72

2 Glass Drilling Machine 2 4.66 9.32

3 Glass washin & Dryer Machine 1 23.01 23.01

4 CNC Glass Cutting Machine 1 54.28 54.28

5 CNC Glass Cutting Line 1 61.36 61.36

177.7
Total Rs. 177.70 Lakhs
f MISC. FIXED ASSETS

Additionally, following misc. fixed assets are also required for the
proposed project.
(Rs. In Lakhs)

a. Stand Gen Set 30 KVA : 0.75

b. Electrification Expenses and Electrical Equipments : 1.00

c. Office Furniture and Equipments : 0.75

d. Fire Fighting & Other Safety Equipments : 1.25

e. Misc. : 0.5

Total : Rs 4.25 Lakhs

g TOTAL COST OF THE PROJECT
(Rs.in Lakhs)

a. Land, and : 105.00

b. Building : 89.14

c. Machinery & Equipments : 177.70

d. Misc. Fixed Assets : 4.25

e. Pre-liminary and Pre-operative expenses : 0.89

f. Contigencies/Price Escalation @1%(b+c+d) : 2.71

g. Margin Money for Working capital : 8.54

Total : Rs 388.23 Lakhs

h MEANS OF FINANCE

It is proposed to finance as under:

(Rs.in Lakhs)

a. Term loan from Bank : 75.00

Share Capital+Unsecured Loan from

c. friends/Relatives : 313.23

: Rs. 388.23 Lakhs

Promoter's Share to Project Cost 80.68%

Debt Equity Ratio 0.19 :1

j TERM LOAN,ITS REPAYMENT AND INTEREST SCHEDULE

Term Loan (Rs.) 75.00 Lakhs

Repayment Method 10 Years
Moratorium Period 6 Months
Annual Interest Rate 9.3%

Opening Principal Closing

Year/Months Interest* EMI
Balance Repayment Balance
a b c d e f g
1st Year 1 7500000 -58125 7558125 58125 0
2 7558125 -58575 7616700 58575 0
3 7616700 -59029 7675730 59029 0
4 7675730 -59487 7735217 59487 0
5 7735217 -59948 7795165 59948 0
6 7795165 -60413 7855577 60413 0
7 7855577 43143 7812434 60881 104024
8 7812434 43478 7768956 60546 104024
9 7768956 43815 7725142 60209 104024
10 7725142 44154 7680988 59870 104024
11 7680988 44496 7636491 59528 104024
12 7636491 44841 7591650 59183 104024
-91650 715794 624144

2nd Year 1 7591650 45189 7546461 58835 104024

2 7546461 45539 7500922 58485 104024
3 7500922 45892 7455031 58132 104024
4 7455031 46248 7408783 57776 104024
5 7408783 46606 7362177 57418 104024
6 7362177 46967 7315210 57057 104024
7 7315210 47331 7267879 56693 104024
8 7267879 47698 7220181 56326 104024
9 7220181 48068 7172113 55956 104024
10 7172113 48440 7123673 55584 104024
11 7123673 48816 7074858 55208 104024
12 7074858 49194 7025664 54830 104024
565986 682302 1248288
J TERM LOAN,ITS REPAYMENT AND INTEREST SCHEDULE (Contd…)

Opening Principal Closing

Year/Months Interest*
Balance Repayment Balance
a b c d e f
3rd Year 1 7025664 49575 6976089 54449 104024
2 6976089 49959 6926129 54065 104024
3 6926129 50346 6875783 53678 104024
4 6875783 50737 6825046 53287 104024
5 6825046 51130 6773916 52894 104024
6 6773916 51526 6722390 52498 104024
7 6722390 51925 6670465 52099 104024
8 6670465 52328 6618137 51696 104024
9 6618137 52733 6565403 51291 104024
10 6565403 53142 6512261 50882 104024
11 6512261 53554 6458707 50470 104024
12 6458707 53969 6404738 50055 104024
620926 627362 1248288

4th Year 1 6404738 54387 6350351 49637 104024

2 6350351 54809 6295542 49215 104024
3 6295542 55234 6240309 48790 104024
4 6240309 55662 6184647 48362 104024
5 6184647 56093 6128554 47931 104024
6 6128554 56528 6072026 47496 104024
7 6072026 56966 6015061 47058 104024
8 6015061 57407 5957653 46617 104024
9 5957653 57852 5899801 46172 104024
10 5899801 58301 5841501 45723 104024
11 5841501 58752 5782748 45272 104024
12 5782748 59208 5723540 44816 104024
681198 567090 1248288
J TERM LOAN,ITS REPAYMENT AND INTEREST SCHEDULE (Contd…)

Opening Principal Closing

Year/Months Interest*
Balance Repayment Balance
a b c d e f
5th Year 1 5723540 59667 5663874 44357 104024
2 5663874 60129 5603745 43895 104024
3 5603745 60595 5543150 43429 104024
4 5543150 61065 5482085 42959 104024
5 5482085 61538 5420548 42486 104024
6 5420548 62015 5358533 42009 104024
7 5358533 62495 5296037 41529 104024
8 5296037 62980 5233058 41044 104024
9 5233058 63468 5169590 40556 104024
10 5169590 63960 5105630 40064 104024
11 5105630 64455 5041175 39569 104024
12 5041175 64955 4976220 39069 104024
747321 500967 1248288

Opening Principal Closing

Year/Months Interest*
Balance Repayment Balance
a b c d e f
6th Year 1 4976220 65458 4910762 38566 104024
2 4910762 65966 4844796 38058 104024
3 4844796 66477 4778319 37547 104024
4 4778319 66992 4711327 37032 104024
5 4711327 67511 4643816 36513 104024
6 4643816 68034 4575782 35990 104024
7 4575782 68562 4507220 35462 104024
8 4507220 69093 4438127 34931 104024
9 4438127 69629 4368498 34395 104024
10 4368498 70168 4298330 33856 104024
11 4298330 70712 4227618 33312 104024
12 4227618 71260 4156358 32764 104024
819862 428426 1248288

Opening Principal Closing

Year/Months Interest*
Balance Repayment Balance
a b c d e f
7th Year 1 4156358 71812 4084546 32212 104024
2 4084546 72369 4012177 31655 104024
3 4012177 72930 3939248 31094 104024
4 3939248 73495 3865753 30529 104024
5 3865753 74064 3791688 29960 104024
6 3791688 74638 3717050 29386 104024
7 3717050 75217 3641833 28807 104024
8 3641833 75800 3566033 28224 104024
9 3566033 76387 3489646 27637 104024
10 3489646 76979 3412667 27045 104024
11 3412667 77576 3335091 26448 104024
12 3335091 78177 3256914 25847 104024
899444 348844 1248288
 Opening Principal Closing
Year/Months Interest*
Balance Repayment Balance
a b c d e f
8th Year 1 3256914 78783 3178131 25241 104024
2 3178131 79393 3098738 24631 104024
3 3098738 80009 3018729 24015 104024
4 3018729 80629 2938100 23395 104024
5 2938100 81254 2856846 22770 104024
6 2856846 81883 2774963 22141 104024
7 2774963 82518 2692445 21506 104024
8 2692445 83158 2609287 20866 104024
9 2609287 83802 2525485 20222 104024
10 2525485 84451 2441034 19573 104024
11 2441034 85106 2355928 18918 104024
12 2355928 85766 2270162 18258 104024
986752 261536 1248288

Opening Principal Closing

Year/Months Interest*
Balance Repayment Balance
a b c d e f
9th Year 1 2270162 86430 2183732 17594 104024
2 2183732 87100 2096632 16924 104024
3 2096632 87775 2008857 16249 104024
4 2008857 88455 1920401 15569 104024
5 1920401 89141 1831260 14883 104024
6 1831260 89832 1741429 14192 104024
7 1741429 90528 1650901 13496 104024
8 1650901 91230 1559671 12794 104024
9 1559671 91937 1467735 12087 104024
10 1467735 92649 1375086 11375 104024
11 1375086 93367 1281719 10657 104024
12 1281719 94091 1187628 9933 104024
1082534 165754 1248288

Opening Principal Closing

Year/Months Interest*
Balance Repayment Balance
a b c d e f
10th Year 1 1187628 94820 1092808 9204 104024
2 1092808 95555 997253 8469 104024
3 997253 96295 900958 7729 104024
4 900958 97042 803916 6982 104024
5 803916 97794 706123 6230 104024
6 706123 98552 607571 5472 104024
7 607571 99315 508256 4709 104024
8 508256 100085 408171 3939 104024
9 408171 100861 307310 3163 104024
10 307310 101642 205668 2382 104024
11 205668 102430 103238 1594 104024
12 103238 103238 0 786 104024
1187628 60660 1248288
i WORKING CAPITAL REQUIREMENTS
(Rs. In lakhs)
1st Yr. 2nd Yr. 3rd Yr. 4th Yr. 5th Yr.
Days
a. Raw Materials 6.5 13.46 14.58 15.71 16.83 17.95

b. Work in Progress 3 6.21 6.73 7.25 7.77 8.28

c. Finished Goods in Stock 7 14.50 15.71 16.92 18.12 19.33

d. Accounts Receivable 7 14.50 15.71 16.92 18.12 19.33

e. Misc. Expenses 7 14.50 15.71 16.92 18.12 19.33

Total 89 63.17 68.44 73.70 78.97 84.23

Less: Sundry Creditors 14 29.00 31.41 33.83 36.25 38.66

Working Capital Required 34.18 37.02 39.87 42.72 45.57

Bank Finance 75% 25.63 27.77 29.90 32.04 34.18

Margin Money 8.54 9.26 9.97 10.68 11.39

j STAFF & LABOUR REQUIREMENT & ANNUAL SALARIES/WAGES BILL

Rate p.m Amount

S.No. Designation Nos.
(Rs.) (Rs. in lakhs)
a. Personnel

1 Marketting Manager 1 10000 1.20

2 Sales Representative 1 6000 0.72

3 Accountant 1 5000 0.60

4 Peon/watchmen 1 3000 0.36 2.88

c. Production Staff

5 Skilled Workers 4 6500 3.12

6 Semi Skilled 2 4500 1.08

7 Unskilled Workers 2 3000 0.72 4.92

12 7.80

12 20% Benefits 1.56

RS. 9.36 Lakhs
k ANNUAL COST OF RAW MATERIALS,CONSUMABLES &
PACKAGING MATERIALS
(at 100% efficiency)
Following Raw Materials, consumables & packaging materials are required
for the proposed Project

S.No. Description

1 Glass
2 Other washing and testing Ingridient

Cost of raw material, consumables and packing materials is assumed at 85% of

annual revenue

Total Rs. 819.00 Lakhs

Year wise cost of raw materials, consumables & packing material:
Rs. In lakhs
1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
655.20 655.20 696.15 696.15 737.10
l ANNUAL COST OF UTILITIES (POWER & WATER)

a. Power
Total Load 15 KW

Load X 8X 3000X 0.75 Hrs. X

Consumption
Days X Power Factor

Source: 30000 KWH

Govt. 75% 22500 KWH
Rate Rs. 4.00 KWH 0.90 Lakhs
Generator 25% 7500 KWH
Rate Rs. 12.00 KEH 0.9 lakhs

Total power bill Rs. 1.80 lakh

b. Water
Water 300 KL
Rate 250 Per KL
Rs. 0.75 Lakhs

Total Power & water Bill Rs. 2.55 Lakhs

m DEPRECIATION CHART

Building Structure : Rs. 89.14 Lakhs

Machinery Equipments : Rs. 177.70 Lakhs
Misc. Fixed assets : Rs. 4.25 Lakhs
Rs. 271.09 Lakhs

S.No. Description 1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.

1) Building & Structure 89.14 80.23 72.20 64.98 58.48

Depreciation rate 10% 8.91 8.02 7.22 6.50 5.85
80.23 72.20 64.98 58.48 52.64

2) Machinery & equipment 177.70 145.38 118.93 97.30 79.60

Depreciation rate 18.19% 32.32 26.44 21.63 17.70 14.48
145.38 118.93 97.30 79.60 65.12

3) Misc. Fixed Assets 4.25 3.61 3.07 2.61 2.22

Depreciation rate 15% 0.64 0.54 0.46 0.39 0.33
3.61 3.07 2.61 2.22 1.89

Total Depreciation 41.88 35.01 29.31 24.59 20.66

n REPAIRS & MAINTENANCE

S.No. Description 1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.

1) Building & Structure 89.14 80.23 72.20 64.98 58.48

Repair & maintenance Rate(%) 0.50 1.00 1.50 2.00 2.50
(Amount Rs. Lakhs) 0.45 0.80 1.08 1.30 1.46

2) Machinery & equipment 177.70 145.38 118.93 97.30 79.60

Repair & maintenance Rate(%) 0.50 1.00 1.50 2.00 2.50
(Amount Rs. Lakhs) 0.89 1.45 1.78 1.95 1.99

3) Misc. Fixed Assets 4.25 3.61 3.07 2.61 2.22

Repair & maintenance Rate(%) 0.50 1.00 1.50 2.00 2.50
(Amount Rs. Lakhs) 0.02 0.04 0.05 0.05 0.06

Total Repair & maintenance 1.36 2.29 2.91 3.30 3.51

o INSURANCE

The Fixed assets of the project will be insured for all types of risks.
Annual insurance charges payable shall be as under:-

Rs. In Lakhs
S.No. Description 1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.

1) Building & Structure 89.14 80.23 72.20 64.98 58.48

2) Machinery & equipment 177.70 145.38 118.93 97.30 79.60

3) Misc. Fixed Assets 4.25 3.61 3.07 2.61 2.22

Total 271.09 229.21 194.21 164.89 140.30

Insurance Charges
Rate(%) 1.00 1.50 2.00 2.50 3.00
2.71 3.44 3.88 4.12 4.21

p MARKETING EXPENSES

Marketing Expenses include brokerage, commission, discounts etc.

These are assumed at 1.5% of revenues
Rs. In Lakhs
Years 1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
Revenues 756.00 819.00 882.00 945.00 1008.00
Rate (1.5%) 1.50 1.50 1.50 1.50 1.50
Selling exps. 11.34 12.29 13.23 14.18 15.12
q PROJECTION OF PERFORMANCE & PROFITABILITY STATEMENT

Rs. In Lakhs
1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
Capacity Utilisation (%) 60 65 70 75 80

A. Annual Revenue
Value Rs. Lakhs 756.00 819.00 882.00 945.00 1008.00
(% increase over last year) 8.33 7.69 7.14 6.67

B. Expenses

a. Raw Material, Consumables &

packing Materials 655.20 655.20 696.15 696.15 737.10

b. Power/Water 1.53 1.65 1.78 1.93 2.08

c. Salaries & Wages

Salaries 3.46 3.73 4.03 4.35 4.70
wages 3.54 3.83 4.13 4.46 4.82

d. Repair & maintenance 1.36 2.29 2.91 3.30 3.51

e. Insurance 2.71 3.44 3.88 4.12 4.21

f. Depreciation 41.88 35.01 29.31 24.59 20.66

709.67 705.15 742.21 738.90 777.08

q PROJECTION OF PERFORMANCE & PROFITABILITY STATEMENT
(Contd.)
Rs. In Lakhs
1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
Capacity Utilisation (%) 60 65 70 75 80

C. Gross Profit 46.33 113.85 139.79 206.10 230.92

Selling Expenses 11.34 12.29 13.23 14.18 15.12

Overhead Expenses * 3.78 4.10 4.41 4.73 5.04

Preliminary & Pre-operative Expenses w/off 0.18 0.18 0.18 0.18 0.18

Financial Expenses:
a) Interest on Term Loan 7.16 6.82 6.27 5.67 5.01

a) Intt. On working Capital Loan @ 9.3% p.a 2.38 2.58 2.78 2.98 3.18

D. Profit (Before Taxes) 21.49 87.89 112.92 178.37 202.39

E. Provision for Taxes 30.90% 6.64 27.16 34.89 55.12 62.54

F. Profit (after taxes) 14.85 60.73 78.02 123.25 139.85

Depreciation, added back 41.88 35.01 29.31 24.59 20.66

G. Cash accruals 56.72 95.74 107.34 147.84 160.51

r. BREAK-EVEN-EFFICIENCY ANALYSIS

Rs. In Lakhs
1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
Capacity Utilisation (%) 60 65 70 75 80

A. Annual Revenue 756.00 819.00 882.00 945.00 1008.00

B. Variable Cost

a. Raw Material, Consumables &

packing Materials 655.20 655.20 696.15 696.15 737.10

b. Power/Water 1.53 1.65 1.78 1.93 2.08

c. Wages 3.54 3.83 4.13 4.46 4.82

d. Intt. On working Capital Loan 2.38 2.58 2.78 2.98 3.18

e. Marketing Expenses 11.34 12.29 13.23 14.18 15.12

Total 674.00 675.55 718.08 719.69 762.30

C. Fixed Cost

a. Salaries 3.456 3.73 4.03 4.35 4.70

b. Admn. Overhead 3.78 4.10 4.41 4.73 5.04

c. Repair & maintenance 1.36 2.29 2.91 3.30 3.51

d. Insurance 2.71 3.44 3.88 4.12 4.21

e. Depreciation 41.88 35.01 29.31 24.59 20.66

Total 60.34 55.39 50.83 46.76 43.13

D. Contribution (A-B) 613.66 620.16 667.25 672.94 719.17

E. Break-even-efficiency(%) 18.83 24.28 24.35 28.79 28.65

Average Break-even-efficiency 24.98

s PROJECTED BALANCE SHEET
Rs. In Lakhs
Const.
Period 1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
A. SOURCES OF FUNDS
Promoter capital 313.23 313.23 313.23 313.23 313.23 313.23
Add: Profits 0.00 14.85 75.58 153.60 276.85 416.71
313.23 328.08 388.81 466.84 590.09 729.94

Net worth 313.23 328.08 388.81 466.84 590.09 729.94

Loans
Term Loans 75.00 0.00 0.00 0.00 0.00 0.00
Repayable within one year
Current Assets) 5.66 6.21 6.81 7.47 8.20
Repayable after one year
(Long Term Loan) 70.26 64.05 57.24 49.76 41.56
Bank Borrowings 0.00 25.63 27.77 29.90 32.04 34.18
Unsecured 0.00 0.00 0.00 0.00 0.00 0.00
Sundry Creditors 0.00 29.00 31.41 33.83 36.25 38.66
Other Current Liabilities 0.00 0.03 0.04 0.04 0.04 0.05
388.23 458.66 518.29 594.66 715.65 852.59

B. APPLICATION OF FUNDS

Fixed Assets
Gross Block 273.80 273.80 231.92 196.92 167.60 143.01
Depreciation 0 41.88 35.01 29.31 24.59 20.66
Net Block 273.80 231.92 196.92 167.60 143.01 122.35

Plot/Land 105.00 105.00 105.00 105.00 105.00 105.00

Current Assets
Inventories 0.00 34.18 37.02 39.87 42.72 45.57
Sundry Debtors 0.00 14.50 15.71 16.92 18.12 19.33
Pre-Liminary & pre-
Operative
Exps.not w/off 0.89 0.71 0.53 0.35 0.18 0.00
Advances 0.00 0.00 0.00 0.00 0.00 0.00
Cash & Bank Balance 8.54 62.35 143.11 234.92 366.62 510.34
Other Current assets 0.00 10.00 20.00 30.00 40.00 50.00
388.23 458.66 518.29 594.66 715.65 852.59
t CASH FLOWS STATEMENT

Rs. In Lakhs
Const.
Period 1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
A. Sources of Funds
1. Increase in Promoter Capital 313.23 0.00 0.00 0.00 0.00 0.00

2 Increase in Term Loan 75.00 0.92 0 0 0 0

3. Increase in working Capital Borrowings 0 25.63 2.14 2.14 2.14 2.14

4.Profit Before tax with Interest added Back 0 31.03 97.29 121.97 187.02 210.58

5. Preliminary Exps. w/off 0 0.18 0.18 0.18 0.18 0.18

6.Depreciation 0 41.88 35.01 29.31 24.59 20.66

388.23 99.63 134.61 153.60 213.92 233.56

B. Disposition of Funds

1. Preliminary & Pre-operative Expenses 0.89 0 0 0 0 0

2. Increase in Capital Expenditure 378.80 0 0 0 0 0

3. Increase in Current Assets 0 29.64 11.64 11.64 11.64 11.64

4. Decrease in Term Loan 0 0.00 5.66 6.21 6.81 7.47

5. Interest 0 9.54 9.41 9.05 8.65 8.19

6.Taxes 0 6.64 27.16 34.89 55.12 62.54

379.69 45.824 53.859 61.792 82.215 89.837

C. Opening Balance 0 8.54 62.35 143.11 234.92 366.62

D. Net Surplus/Deficit(-) 8.54 53.81 80.76 91.81 131.71 143.72
E. Closing Balance 8.54 62.35 143.11 234.92 366.62 510.34
u

Rs. In Lakhs
1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
Profit after tax 14.85 60.73 78.02 123.25 139.85

Depreciation 41.88 35.01 29.31 24.59 20.66

Interest on Term Loan 7.16 6.82 6.27 5.67 5.01

Interest. On Working capital Loan 2.38 2.58 2.78 2.98 3.18

Total Coverage 66.27 105.14 116.39 156.49 168.70

Loan Repayment 6.24 12.48 12.48 12.48 12.48

Interest on Term Loan 7.16 6.82 6.27 5.67 5.01

Interest. On Working Capital Loan 2.38 2.58 2.78 2.98 3.18

Total Loan Liability 15.78 21.89 21.54 21.13 20.67

DSCR 4.20 4.80 5.40 7.40 8.16

Average DSCR 5.99

v CURRENT RATIO

Rs. In Lakhs
1st yr. 2nd yr. 3rd yr. 4th yr. 5th yr.
Inventories 34.18 37.02 39.87 42.72 45.57

Sundry Debtors 14.50 15.71 16.92 18.12 19.33

Cash & Bank Balance 62.35 143.11 234.92 366.62 510.34

Total Current Assets 111.03 195.84 291.71 427.46 575.24

Sundry Creditors 29.00 31.41 33.83 36.25 38.66

Bank Borrowings 31.29 33.98 36.72 39.51 42.37

Total Current Liability 60.29 65.39 70.55 75.76 81.03697

Current Ratio 1.84 2.99 4.13 5.64 7.10

Average CR 4.34