M/S ASHOK KUMAR TIWARI

Vill- Visahijan Kalan, Post- Meja Road

Distt. : Allahabad
Uttar Pradesh

PROJECT REPORT OF DAIRY

INDEX

SL. PAGE
PARTICULARS
NO. NO.

1. PROJECT AT A GLANCE 1

2. INTRODUCTION 2

3. ASSUMPTIONS, FACTORS CINSIDERD IN PREPARATION

OF PROJECT REPORT 3

4. DETAILS OF SCHEME / COST OF PROJECT / MEANS OF 4

FINANCE

5. PROJECTED BALANCE SHEET 5

6. PROJECTION OF PERFORMANCE AND PROFITABILITY 6

7. STATEMENT FOR INCOME AND EXPENDITURE 7

8. CALCULATION OF DEPRECIATION 8

9. CALCULATION OF DEBT SERVICE COVERAGE RATIO 9

10 CASH FLOW STATEMENT 10

11 FUNDS FLOW STATEMENT 11

12 REPAYMENT SCHEDULE OF TERM LOAN 12 & 13

 PROJECT REPORT OF DAIRY

PROJECT AT A GLANCE :--

1. Name and Address of the Unit : M/S ASHOK KUMAR TIWARI

Vill- Visahijan Kalan, Post- Meja Road
Distt. : Allahabad
Utter Pradesh

2. Constitution : Individual

3. Name and Address of Owner Ashok Kumar Tiwari/Stayam Tiwari

: Vill- Visahijan Kalan, Post- Meja Road
Distt. : Allahabad
Utter Pradesh

4. Financial Cost of the Project : Rs 5235000.00

5. Own Contribution : Rs 1309000.00

6. Term Loan from Bank : Rs 3926000.00

7 Average D.S.C.R. : 2.82

8 Employment Generation :- Employment

Skilled Labour 2
Unskilled Labour 3
Total 5
For Manish Dhar & Co.
Chartered Accountants

( Manish Dhar Dwivedi ) ( Ashok Kumar Tiwari ) ( Satyam Tiwari )

Proprietor
M.No. : 410978
 PROJECT REPORT OF DAIRY

INTRODUCTION :--

Name of the unit : M/S ASHOK KUMAR TIWARI

Address of the unit : M/S ASHOK KUMAR TIWARI

Vill- Visahijan Kalan, Post- Meja Road
Distt. : Allahabad
Utter Pradesh

Name & Address of the proprietor : Ashok Kumar Tiwari & Satyam Tiwari
Vill- Visahijan Kalan, Post- Meja Road
Distt. : Allahabad
Utter Pradesh

MANAGEMENT :

Mr. Ashok Kumar Tiwari has been involved in this line of activity of production and
marketing of milk and their products since last 20 years. The owner of the project
is a experinced and energetic person with fantastic exepeirence of dairy project business.
The unit also involed in management Mr. Stayam Tiwari aged about 32 years presently
involed in service industry with scessfull track record in his business and now wish to
contribute other industry too. Mr. Satyam Tiwari is son of Shri Ashok Kumar Tiwari.
Both person will be activily aprticipate in activities of dairy business.

For Manish Dhar & Co.

Chartered Accountants

( Manish Dhar Dwivedi ) ( Ashok Kumar Tiwari ) ( Satyam Tiwari )

Proprietor
M.No. 410978
 PROJECT REPORT OF DAIRY

ASSUMPTIONS CONSIDERED IN PROJECT REPORT PREPARATION

1 It has been assumed that Government Subsidy will be available at same amount of interest arising
on term loan upto first five years.

2 It has been assumed that Government Subsidy will be transferred to bank in the same month
which interest was debited by Bank.

3 It has been assumed that Government Subsidy will be transferred to concern bank .

4 There will be engaged two skilled staff and three unskilled staff for running the unit satisfac

5 The Interest rate on Loan & Amount has been assumed @12 % P.A.

6 Term Loan will be paid in 60 equal monthly instalments plus interest.

7 It has been assumed that depreciation on fixed assets will be charged on reducing balance
method as per Income Tax Act

8 No depreciation provided for live stock on assumption addition in new genration of live stock take
place in mormal course of business.

For Manish Dhar & Co.

Chartered Accountants

( Manish Dhar Dwivedi ) ( Ashok Kumar Tiwari ) ( Satyam Tiwari )

Proprietor
M.No. 410978
 Manish Dhar & Co.
Chartered Accountants
102 Mahak Apartment, 32/1/5 S.P. Marg, Civil Lines, Allahabad
Contact: 532-2260378, 9935436803, 9389651777

Feasibility Cum Project Report

for

Dairy
of

M/S ASHOK KUMAR TIWARI

Vill- Visahijan Kalan, Post- Meja Road

District : Allahabad

Uttar Pradesh
 CASH FLOW STATEMENT

IN LACS
Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year

A. INFLOW

Increase in Capital 13.09 0.00 0.00 0.00 0.00

Increase in Term Loan 7.00 0.00 0.00 0.00 0.00
Net Profit After Tax 17.63 19.44 21.39 23.53 25.84
Dep. & Plim. Exp. W/o 1.37 1.21 1.07 0.95 0.84
Increase in Current Liabilities 0.00 0.00 0.00 0.00 0.00
Decrease in Current Assets 0.00 0.00 0.00 0.00 0.00

TOTAL 39.09 20.65 22.46 24.47 26.68

B. OUTFLOW

Increase in Fixed Assets 52.35 0.00 0.00 0.00 0.00

Increase in Pre-operative Exp. 0.00 0.00 0.00 0.00 0.00
Repayment of Term Loan 10.18 11.48 10.48 10.48 10.50
Drawing 9.00 11.00 15.46 19.10 22.94
Decrease in Current Liabilities 0.00 0.00 0.00 0.00 0.00
Increase in Current Assets 2.91 0.29 0.32 0.35 0.39
(Excluding Cash & Bank Balance)
TOTAL TOTAL 74.45 22.77 26.25 29.93 33.83

Opening Cash & Bank Balance 0.00 -35.36 -37.48 -41.27 -46.72

Surplus/Deficite (A-B) -35.36 -2.12 -3.79 -5.45 -7.15

Closing Cash & Bank Balance -35.36 -37.48 -41.27 -46.72 -53.87

For Manish Dhar & Co.

Chartered Accountants

( Manish Dhar Dwivedi ) ( Ashok Kumar Tiwari ) ( Satyam Tiwari )

Proprietor
M.No. 410978
 FUNDS FLOW STATEMENT

SOURCES OF FUNDS 1st Year 2nd Year 3rd Year 4th Year 5th Year

1. PBIT 23.19 24.52 25.89 27.35 28.84

2. Misc. Expenses written off 0.00 0.00 0.00 0.00 0.00

3. Depreciation 1.37 1.21 1.07 0.95 0.84

4. Increase in Capital 13.09 0.00 0.00 0.00 0.00

5. Increase in Term Loan 7.00 0.00 0.00 0.00 0.00

6. Decrease in Misc Non Current Assets 0.00 0.00 0.00 0.00 0.00

7. Increase in Bank Borrowing (WC) 0.00 0.00 0.00 0.00 0.00

8. Increase in Current Liabilities (Excl.BB) 0.00 0.00 0.00 0.00 0.00

9. Decrease in Current Assets 0.00 0.00 0.00 0.00 0.00

TOTAL - Sources of Funds 44.65 25.73 26.96 28.30 29.68

APPLICATION OF FUNDS 1st Year 2nd Year 3rd Year 4th Year 5th Year

1. Interest 0.29 -1.00 -2.46 -4.10 -5.94

2. Drawing 9.00 11.00 13.00 15.00 17.00

3. Tax 5.27 6.08 6.95 7.92 8.94

4. Increase in Fixed Assets 52.35 0.00 0.00 0.00 0.00

5. Increase in Intangible Assets 0.00 0.00 0.00 0.00 0.00

6. Decrease in Term Loan 10.18 11.48 12.93 14.57 16.44

7. Decrease in Other Term Liabilities 0.00 0.00 0.00 0.00 0.00

8. Increase in Current Assets -32.45 -1.83 -3.47 -5.10 -6.76

9. Decrease in Bank Borrowings (WC) 0.00 0.00 0.00 0.00 0.00

10. Decrease in Other Current Liabilities 0.00 0.00 0.00 0.00 0.00

TOTAL - Application of Funds 44.65 25.73 26.96 28.30 29.68

- - - - -
For Manish Dhar & Co.
Chartered Accountants

( Manish Dhar Dwivedi ) ( Ashok Kumar Tiwari ) ( Satyam Tiwari )

Proprietor
M.No. 410978 ###
 DEBT SERVICE COVERAGE RATIO

Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year

Cash Accural 19.00 20.65 22.46 24.47 26.68

Interest on T/L 0.29 -1.00 -2.46 -4.10 -5.94

Total 19.29 19.65 20.01 20.38 20.74

Repayment of Loan 10.48 10.48 10.48 10.48 10.50

Interest on T/L 0.29 -1.00 -2.46 -4.10 -5.94

Total 10.77 9.48 8.02 6.38 4.56

D.S.C.R 1.79 2.07 2.49 3.19 4.55

Average D.S.C.R. 2.82

For Manish Dhar & Co.

Chartered Accountants

( Manish Dhar Dwivedi )

Proprietor ( Ashok Kumar Tiwari ) ( Satyam Tiwari )
M.No. 410978
 COST OF PROJECT
PARTICULARS AMOUNT
IN LACS

1. ANIMALS 40.12

2. SHED 9.38

3.CHARA CUTTING MACHINE ETC. 2.85

TOTAL 52.35

MEANS OF FINANCE

PARTICULARS AMOUNT
IN LACS

1. OWN CONTRIBUTION 13.09

2. TERM LOAN 39.26

TOTAL 52.35

For Manish Dhar & Co.

Chartered Accountants

( Manish Dhar Dwivedi ) ( Ashok Kumar Tiwari ) ( Satyam Tiwari )

Proprietor
M.No. 410978
 PROJECTED PROFITIBILITY STATEMNET

IN LACS
Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
A. INCOME

Gross Receipts/Sales 69.88 76.90 84.60 93.10 102.40

Subsidy (Interest) 0.29 -1.00 -2.46 -4.10 -5.94
70.17 75.90 82.14 89.00 96.46

B. EXPENDITURE
Raw Material Consumed 27.37 30.11 33.12 36.43 40.07
Wages & Salaries 6.00 6.60 7.26 7.99 8.78
General & Admin Exp 12.24 13.46 14.81 16.29 17.92
Depreciation 1.37 1.21 1.07 0.95 0.84
Interest on Term Loan 0.29 -1.00 -2.46 -4.10 -5.94

47.27 50.38 53.80 57.56 61.67

C. NET PROFIT 22.90 25.52 28.34 31.45 34.78

D. TAX ON PROFIT 5.27 6.08 6.95 7.92 8.94
E. NET PROFIT AFTER TAX 17.63 19.44 21.39 23.53 25.84
F. CASH ACCURAL 19.00 20.65 22.46 24.47 26.68

For Manish Dhar & Co.

Chartered Accountants

( Manish Dhar Dwivedi ) ( Ashok Kumar Tiwari ) ( Satyam Tiwari )

Proprietor
M.No. 410978
 PROJECTED BALANCE SHEET

IN LACS
Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
LIABILITIES

Capital 13.09 21.72 30.16 38.55 47.08

Net Profit after tax 17.63 19.44 21.39 23.53 25.84
30.72 41.16 51.55 62.08 72.92
Less : Drawing include tax 9.00 11.00 13.00 15.00 17.00
21.72 30.16 38.55 47.08 55.92

Secured Loans
Term Loan -3.18 -14.66 -27.59 -42.16 -58.61

Current Liabilities
Sundry Creditors
Provision for Exp.

TOTAL 18.53 15.50 10.96 4.92 -2.68

ASSETS

Fixed Assets 52.35 50.98 49.77 48.70 47.76

Less : Depreciation 1.37 1.21 1.07 0.95 0.84
50.98 49.77 48.70 47.76 46.92

Current Assets
Debtors 2.91 3.20 3.53 3.88 4.27
Cash & Bank Balance -35.36 -37.48 -41.27 -46.72 -53.87
Loans & Advances 0.00 0.00 0.00 0.00 0.00

TOTAL 18.53 15.50 10.96 4.92 -2.68

For Manish Dhar & Co.

Chartered Accountants

( Manish Dhar Dwivedi ) ( Ashok Kumar Tiwari ) ( Satyam Tiwari )

Proprietor
M.No. 410978
 ANNEXURE OF REPAYMENT OF TERM LOAN

Term loan of Rs :39.26 Lacs

IN LACS
Year Opening Interset Intrest Cumulative Repayment Cumulative Closing
Balance 12.00% Interest Repayment Balance

1st Year
1st month 7.000 1.00 0.070 0.070 0.873 0.873 6.197
2nd month 6.197 1.00 0.062 0.132 0.873 1.746 5.386
3rd month 5.386 1.00 0.054 0.186 0.873 2.619 4.567
4th month 4.567 1.00 0.046 0.231 0.873 3.492 3.739
5th month 3.739 1.00 0.037 0.269 0.873 4.365 2.904
6th month 2.904 1.00 0.029 0.298 0.873 5.238 2.060
7th month 2.060 1.00 0.021 0.319 0.873 6.111 1.208
8th month 1.208 1.00 0.012 0.331 0.873 6.984 0.347
9th month 0.347 1.00 0.003 0.334 0.873 7.857 -0.523
10th month -0.523 1.00 -0.005 0.329 0.873 8.730 -1.401
11th month -1.401 1.00 -0.014 0.315 0.873 9.603 -2.288
12th month -2.288 1.00 -0.023 0.292 0.873 10.476 -3.184

2nd Year
1st month -3.184 1.00 -0.032 -0.032 0.873 0.873 -4.089
2nd month -4.089 1.00 -0.041 -0.073 0.873 1.746 -5.003
3rd month -5.003 1.00 -0.050 -0.123 0.873 2.619 -5.926
4th month -5.926 1.00 -0.059 -0.182 0.873 3.492 -6.858
5th month -6.858 1.00 -0.069 -0.251 0.873 4.365 -7.800
6th month -7.800 1.00 -0.078 -0.329 0.873 5.238 -8.751
7th month -8.751 1.00 -0.088 -0.416 0.873 6.111 -9.711
8th month -9.711 1.00 -0.097 -0.513 0.873 6.984 -10.681
9th month -10.681 1.00 -0.107 -0.620 0.873 7.857 -11.661
10th month -11.661 1.00 -0.117 -0.737 0.873 8.730 -12.651
11th month -12.651 1.00 -0.127 -0.863 0.873 9.603 -13.650
12th month -13.650 1.00 -0.137 -1.000 0.873 10.476 -14.660

3rd year
1st month -14.660 1.00 -0.147 -0.147 0.873 0.873 -15.679
2nd month -15.679 1.00 -0.157 -0.303 0.873 1.746 -16.709
3rd month -16.709 1.00 -0.167 -0.470 0.873 2.619 -17.749
4th month -17.749 1.00 -0.177 -0.648 0.873 3.492 -18.800
5th month -18.800 1.00 -0.188 -0.836 0.873 4.365 -19.861
6th month -19.861 1.00 -0.199 -1.035 0.873 5.238 -20.932
7th month -20.932 1.00 -0.209 -1.244 0.873 6.111 -22.015
8th month -22.015 1.00 -0.220 -1.464 0.873 6.984 -23.108
9th month -23.108 1.00 -0.231 -1.695 0.873 7.857 -24.212
10th month -24.212 1.00 -0.242 -1.937 0.873 8.730 -25.327
11th month -25.327 1.00 -0.253 -2.191 0.873 9.603 -26.453
12th month -26.453 1.00 -0.265 -2.455 0.873 10.476 -27.591
4th Year
1st month -27.591 1.00 -0.276 -0.276 0.873 0.873 -28.740
2nd month -28.740 1.00 -0.287 -0.563 0.873 1.746 -29.900
3rd month -29.900 1.00 -0.299 -0.862 0.873 2.619 -31.072
4th month -31.072 1.00 -0.311 -1.173 0.873 3.492 -32.256
5th month -32.256 1.00 -0.323 -1.496 0.873 4.365 -33.451
6th month -33.451 1.00 -0.335 -1.830 0.873 5.238 -34.659
7th month -34.659 1.00 -0.347 -2.177 0.873 6.111 -35.878
8th month -35.878 1.00 -0.359 -2.535 0.873 6.984 -37.110
9th month -37.110 1.00 -0.371 -2.907 0.873 7.857 -38.354
10th month -38.354 1.00 -0.384 -3.290 0.873 8.730 -39.611
11th month -39.611 1.00 -0.396 -3.686 0.873 9.603 -40.880
12th month -40.880 1.00 -0.409 -4.095 0.873 10.476 -42.162

5th Year
1st month -42.162 1.00 -0.422 -0.422 0.873 0.873 -43.456
2nd month -43.456 1.00 -0.435 -0.856 0.873 1.746 -44.764
3rd month -44.764 1.00 -0.448 -1.304 0.873 2.619 -46.085
4th month -46.085 1.00 -0.461 -1.765 0.873 3.492 -47.418
5th month -47.418 1.00 -0.474 -2.239 0.873 4.365 -48.766
6th month -48.766 1.00 -0.488 -2.727 0.873 5.238 -50.126
7th month -50.126 1.00 -0.501 -3.228 0.873 6.111 -51.501
8th month -51.501 1.00 -0.515 -3.743 0.873 6.984 -52.889
9th month -52.889 1.00 -0.529 -4.272 0.873 7.857 -54.290
10th month -54.290 1.00 -0.543 -4.815 0.873 8.730 -55.706
11th month -55.706 1.00 -0.557 -5.372 0.873 9.603 -57.136
12th month -57.136 1.00 -0.571 -5.943 0.899 10.502 -58.607

For Manish Dhar & Co.

Chartered Accountants

( Manish Dhar Dwivedi )

Proprietor ( Ashok Kumar Tiwari ) ( Satyam Tiwari )
M.No. 410978

Date : 08.07.2015
Place : Allahabad.
MILK CHART

Month Animals Milk Yeild Cost per Ltr Cost of milk

per month
1 st 30 420 30 390600
2 nd 30 450 30 378000
3 rd 30 480 30 446400
4 th 30 510 30 459000
5 th 30 540 30 502200
6 th 30 540 30 486000
7 th 50 900 30 837000
8 th 50 880 30 818400
9 th 50 820 30 738000
10 th 50 760 30 706800
11 th 50 700 30 630000
12 th 50 640 30 595200
TOTAL 6987600

BREAK UP OF ADMINISTRATIVE & OTHER EXPENSES

Particulars Amount(Rs.)
(per month)

Power & Electricity 50,000.00

Telephone 2,000.00
Staff Welfare 10,000.00
Repair & Maintenance 25,000.00
Insurance 10,000.00
General Expenses 5,000.00
Total Expenses (per month) 102,000.00

Total Expenses (per annum) 1,224,000.00

Raw Material
No of animal 50.00
No of days per annum 365.00
Cost of feeding per animal per day 150.00
Total Raw Material Consumpation Per annum (Rs. ) 2,737,500.00
 SCHEDULE OF CALCULATION OF DEPRECIATION
IN LACS
PLANT &
PARTICULARS ANIMALS SHED MACHINE TOTAL
Rate of Dep. 10% 15%
Op.Balance - - - -
Addition 1st Year 40.12 9.38 2.85 52.35
Depreciation 1st Year 0.94 0.43 1.37
Net Block at the end of year 40.12 8.44 2.42 50.98

Addition 2nd Year 0.00 0.00 0.00 0.00

Depreciation 2nd Year - 0.84 0.36 1.21
Net Block at the end of Year 40.12 7.60 2.06 49.77

Addition 3rd Year 0.00 0.00 0.00 0.00

Depreciation 3rd Year - 0.76 0.31 1.07
Net Block at the end of Year 40.12 6.84 1.75 48.70

Addition 4th Year 0.00 0.00 0.00 0.00

Depreciation 4th Year - 0.68 0.26 0.95
Net Block at the end of year 40.12 6.15 1.49 47.76

Addition 5th Year 0.00 0.00 0.00 0.00

Depreciation 5th Year - 0.62 0.22 0.84
Net Block at the end of year 40.12 5.54 1.26 46.92