PROJECT REPORT

“ POORNESWAR ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU PANCHAYATH
ANAKAPALLE, ANDHRA PRADESH, 531 001

M/s. RAO&ASSOCIATES
Cost and Management Accountants
#26-5-17/B, Prasad Gardens, Bowdara Road
Visakhapatnam-530 001
Andhra Pradesh

Page 1
 “ POORNESWAR ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU PANCHAYATH
ANAKAPALLE, ANDHRA PRADESH, 531 001

INDEX
Sl.no Particulars
1 Project Cost
2 Projected Balance Sheet
3 Projected Profit & loss statement
4 Ratio Analysis
5 Loan Repayment

Page 2
“ POORNESWAR ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU PANCHAYATH
ANAKAPALLE, ANDHRA PRADESH, 531 001

SUMMARY OF PROJECT COST

Total
Particulars
Investment

Working Capital 2,400,000

Total Investment 2,400,000

Less :
Promoters Contribution 400,000

Finance from Bank - Working Capital 2,000,000

Total Finance Required 2,000,000

Page 3
 “ POORNESWAR ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU PANCHAYATH

ANAKAPALLE, ANDHRA PRADESH, 531 001

PROJECTED BALANCE SHEET

PARTICULARS 2023 2024

LIABILITIES
A) Promoter's Funds
i)Capital Contribution 5,557,574 6,561,516
Less : Drawings 25,000 27,500
ii)Reserves and Surplus 1,028,942 1,521,849
Closing Capital 6,561,516 8,055,864

B) Non Current Liabilities

i) Secured Loan 495,000 485,000
ii) Bank Overdraft 1,000,000 682,490

C) Current Liabilities
i)Trade Payables 250,000 256,250

Total 7,811,516 8,994,605

ASSETS

A)Non Current Assets

i)Fixed assets
-House at Sarada Nagar 2,150,000 2,450,000
-Site at VSKP 3,200,000 3,450,000

B)Current Assets
i)Trade Receivables 1,500,000 1,750,000
ii) Closing Stock 450,000 475,000
iii)Cash and Cash Equivalents 215,000 315,000
iv) Other Current Assets 296,516 554,605
-

Total 7,811,516 8,994,605

Page 4
 o

“ POORNESWAR ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU PANCHAYATH
ANAKAPALLE, ANDHRA PRADESH, 531 001
PROJECTED PROFIT&LOSS STATEMENT
INCOME 2023 2024

Sales
- GST & CASH Sales 7,652,854 ₹ 8,800,782 ₹

Less : Opening Stock 500,000 ₹ 450,000 ₹

Add : Closing Stock 450,000 ₹ 475,000 ₹
Total revenue 7,602,854 ₹ 8,825,782 ₹

Direct & Indirect Expenses 2023 2024

Purchases 4,600,000 ₹ 5,060,000 ₹
Salaries 320,000 ₹ 352,000 ₹
Electricity 15,000 ₹ 16,500 ₹
Labour Charges 320,000 ₹ 352,000 ₹
Rent 158,400 ₹ 174,240 ₹
Remuneration 220,000 ₹ 242,000 ₹
Telephone Charges 7,200 ₹ 7,920 ₹
Transport Charges 240,000 ₹ 264,000 ₹
Travelling Charges 144,000 ₹ 158,400 ₹

Sub Total 6,026,623 ₹ 6,629,084 ₹

Gross Profit 1,576,231 ₹ 2,196,698 ₹

Interest on loan 204,309 ₹ 167,567 ₹

Total Expense 204,309 ₹ 167,567 ₹

Net Profit Before Tax 1,371,922 ₹ 2,029,131 ₹

LESS: Average Tax @ 25 % 342,981 ₹ 507,283 ₹

Net Profit After Tax 1,028,942 ₹ 1,521,849 ₹

ADD
-Opening Balance 30,000 ₹ 1,033,942 ₹
Less
- Promoter Drawings 25,000 ₹ 27,500 ₹
Closing Balance of P & L 1,033,942 ₹ 2,528,290 ₹

Page 5
 “ POORNESWAR ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU PANCHAYATH
ANAKAPALLE, ANDHRA PRADESH, 531 001
RATIO ANALYSIS
Particulars 2023 2024
A Net Operating Income
Profit Before Tax(EBITDA) 1,576,231 2,196,698

Profit After Tax 1,028,942 1,521,849

Drawings 25,000 27,500
Financial charges 204,309 167,567
Total (A) 1,258,250 1,716,915

B Total Debt Service

Financial charges 204,309 167,567
Repayment of Loans 317,510 354,251
Total (B) 521,818 521,818

C Debt-service Coverage Ratio (A/B) 2.41 3.29

D Interest Coverage Ratio ( EBITDA/Interest) 7.71 13.11

Page 6
 “ POORNESWAR ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU PANCHAYATH

ANAKAPALLE, ANDHRA PRADESH, 531 001

LOAN REPAYMENT SCHEDULE

Year Out standing Loan Principle Repayment Interest repayment Total Payment Balance

2023 1,000,000 317,510 204,309 521,818 682,490

2024 682,490 354,251 167,567 521,818 328,239

2025 328,239 395,245 126,573 521,818 (67,006)

2026 (67,006) 440,982 80,836 521,818 (507,988)

2027 (507,988) 492,012 29,806 521,818 (1,000,000)

Interest Rate 11.00%

Loan EMI ₹ 43,485

Total Interest Payable ₹ 609,091

Total Principle payable ₹ 2,000,000

Total Payment ₹ 2,609,091

(Principle +Interest)

Page 7
 “ POORNESWAR ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU PANCHAYATH
ANAKAPALLE, ANDHRA PRADESH, 531 001
BALANCE SHEET
PARTICULARS 2022

LIABILITIES

A) Promoter's Funds
i)Capital Contribution 5,557,574
ii)Reserves and Surplus 500,030
Closing Capital 6,057,604

B) Non Current Liabilities

i) Secured Loan 490,000
ii) Unsecured Loan 1,000,000

C) Current Liabilities
i)Trade Payables 285,000

Total 7,342,604

ASSETS

A)Non Current Assets

i)Fixed assets
-House at Sarada Nagar 1,925,000
-Site at VSKP 3,080,000

B)Current Assets
i)Trade Receivables 1,200,000
ii) Closing Stock 450,000
iii)Cash and Cash Equivalents 215,000
iv) Other Current Assets 472,604

Total 7,342,604
 “ POORNESWAR
ENTERPRISES”
Prop : Ravindranath Adari
# 3-64, 3RD STREER, SARADA NAGAR, KOTHURU
PANCHAYATH
ANAKAPALLE, ANDHRA PRADESH, 531 001
PROFIT&LOSS STATEMENT
INCOME 2021-22

Sales
- GST & CASH Sales 5,314,482 ₹

Less : Opening Stock 600,000 ₹

Add : Closing Stock 500,000 ₹
Total revenue 5,214,482 ₹

Direct & Indirect Expenses 2021-22

Purchases 3,534,000 ₹
Salaries 259,200 ₹
Electricity 14,172 ₹
Labour Charges 308,000 ₹
Remuneration 198,000 ₹
Telephone Charges 8,424 ₹
Transport Charges 243,056 ₹
Travelling Charges 149,600 ₹

Sub Total 4,714,452 ₹

Net Profit 500,030 ₹

Rate 11.00%
Principal ₹ 2,000,000.00
Term(Years) 5
Eff.Rate 0.009166666667
No.of
Instalments 60
EMI ₹ 43,484.85

Month Year Opening Balance Interest Principal paid Closing Balance

0 1,000,000
1 2,000,000 18,333 25,152 1,974,848
2 1,974,848 18,103 25,382 1,949,466
3 1,949,466 17,870 25,615 1,923,852
4 1,923,852 17,635 25,850 1,898,002
5 1,898,002 17,398 26,086 1,871,916
6 1,871,916 17,159 26,326 1,845,590
1
7 1,845,590 16,918 26,567 1,819,023
8 1,819,023 16,674 26,810 1,792,213
9 1,792,213 16,429 27,056 1,765,156
10 1,765,156 16,181 27,304 1,737,852
11 1,737,852 15,930 27,555 1,710,298
12 1,710,298 15,678 27,807 1,682,490
204,309 317,510
13 1,682,490 15,423 28,062 1,654,428
14 1,654,428 15,166 28,319 1,626,109
15 1,626,109 14,906 28,579 1,597,530
16 1,597,530 14,644 28,841 1,568,690
17 1,568,690 14,380 29,105 1,539,584
18 1,539,584 14,113 29,372 1,510,212
2
19 1,510,212 13,844 29,641 1,480,571
20 1,480,571 13,572 29,913 1,450,658
21 1,450,658 13,298 30,187 1,420,471
22 1,420,471 13,021 30,464 1,390,007
23 1,390,007 12,742 30,743 1,359,264
24 1,359,264 12,460 31,025 1,328,239
167,567 354,251
25 1,328,239 12,176 31,309 1,296,930
26 1,296,930 11,889 31,596 1,265,334
27 1,265,334 11,599 31,886 1,233,448
28 1,233,448 11,307 32,178 1,201,269
29 1,201,269 11,012 32,473 1,168,796
30 1,168,796 10,714 32,771 1,136,025
3
31 1,136,025 10,414 33,071 1,102,954
32 1,102,954 10,110 33,374 1,069,580
 3

33 1,069,580 9,804 33,680 1,035,899

34 1,035,899 9,496 33,989 1,001,910
35 1,001,910 9,184 34,301 967,609
36 967,609 8,870 34,615 932,994
126,573 395,245
37 932,994 8,552 34,932 898,062
38 898,062 8,232 35,253 862,809
39 862,809 7,909 35,576 827,234
40 827,234 7,583 35,902 791,332
41 791,332 7,254 36,231 755,101
42 755,101 6,922 36,563 718,538
4
43 718,538 6,587 36,898 681,639
44 681,639 6,248 37,236 644,403
45 644,403 5,907 37,578 606,825
46 606,825 5,563 37,922 568,903
47 568,903 5,215 38,270 530,633
48 530,633 4,864 38,621 492,012
80,836 440,982
49 492,012 4,510 38,975 453,037
50 453,037 4,153 39,332 413,705
51 413,705 3,792 39,693 374,013
52 374,013 3,428 40,056 333,956
53 333,956 3,061 40,424 293,533
54 293,533 2,691 40,794 252,739
5
55 252,739 2,317 41,168 211,571
56 211,571 1,939 41,545 170,025
57 170,025 1,559 41,926 128,099
58 128,099 1,174 42,311 85,788
59 85,788 786 42,698 43,090
60 43,090 395 43,090 0
29,806 492,012
Loan Amount
Rate of Interest
Repayable Years

ASSETS Amount LIABILITIES Amount

PANs 16,000
GRIENDER(2) 30,000 Trade Payables 960,000
FRIDGE 13,000
FOOD STALL 30,000 LOANS
Bike - Jupiter 105,000 Home Credit 140,000
Trade Receivables Bajaj 80,000
Kenara 320,000
Byjus 50,000
Bank Balance 45,000 Visatara 150,000
Cash Balance 95,000 Shriram Finance 42,000
EXPENSES Amount SALES & PURCHASES Amount

Salaries 900,000 Sales

Swiggy & Zomato 384,000
Rent 144,000 Purchases ###
Electricity 54,000