NPPL Project Report 50Cr 2022

Project Report
For
NAVRATAN PIPE AND PROFILE LIMITED
3rd Floor, 10 Community Center, Mayapuri Industrial Area, New Delhi 110064
Table of Content
 Enterprise
 Project Loan
 Profile of Group
 Project Proponent
 Proposed Management Team
 Executive Summary
 Project Description
 Brief Description of the Project
 Importance to the Country and the Region
 Need of Project
 Details of Raw Material Along with Mode of Transportation
 Product Description
 History
 Properties of product
 Product Specification
 Product Uses
 Location of the Project
 Site Location
 Project Site Co-ordinates
 Market Survey
 Demand & Supply
 Market opportunity
 Statistics of Import & Export
 Marketing Strategy
 Technical Feasibility
 Land & building
 Manpower Requirement
 Raw Material
 Power
 Inspection and quality control
 Commercial Viability
 Swot Analysis
Disclaimer
The views expressed in this model project are advisory in nature. It assumes no financial liability
to anyone using the report for any purpose. The actual cost and returns of projects will have to be
taken on a case-by-case basis considering the specific requirement of projects.
Particulars of the Enterprise
Name of the Navratan Pipe and Profile Pvt. Ltd.

Constitution
Enterprise Limited Company
U27106DL
MSME Status Registered MSME Registration No. 2005PLC13
8856
Date of incorporation /
Date of Registration 01/07/2017 commencement of
01/07/2017
business
3rd Floor, 10 Community Center, Mayapuri Industrial Area, New Delhi
Registered Office
110064, India
3rd Floor, 10 Community Center, Mayapuri Industrial Area, New Delhi

Administrative Office 110064, India
B40-41, RIICO Industrial Area. Karoli, Bhiwadi, Distt. Alwar,

Factory Address
Rajasthan
Project Loan applied for

Proposal for Term loan of Rs Rs. 15 crores
Working Capital Limit of Rs Rs. 33crore 48 lakhs
Profile of Group
 Navratan Pipe and Profile Limited was setting up an industrial unit for manufacturing of
Pre-Engineered Building System, Monopole Transmission Tower, Monopoles, Crash
Barrier. The company was incorporated in 2005.
 The company has already acquired an industrial plot for the said project at Karoli Industrial
area, Bhiwadi, Rajasthan measuring 16000 sq. mtrs. From RIICO.
 The company also have plant and machinery from indigenous and imported supplier and
the total worth of the same is Rs. 37.26 crores.
 Navratan Pipe and Profile Limited is a Zero Debt Company with a clear ROC.
 Navratan Pipe and Profile Limited wants to strengthen its position in India to become one
of the leading suppliers in Pre-Engineered Building System, Monopole Transmission
Tower, Monopoles, Crash Barrier.
 The company wants to set a benchmark in quality and customer services all over India.
The company has adopted a culture of ethical business practices and aggressive marketing
strategies.
 The company's aim is to meet the unique, qualitative needs of the customers through tailor-
made solutions.
Project Proponent (1)

Name of the Promoter Mr. Suresh Bhardwaj
Father's/ Husband's name S/o Late Madan Lal Bhardwaj
Age (Years) 58 years
Educational Qualification B.com
Flat no. 8B Tower 15, Central Park Resort, Sec

Residential Address
48, Gurugram
Permanent Account Number DLMPB2413Q
Mr. Suresh Bhardwaj has been in the steel

business for the past 30 years. He has a strong
network in prestigious Government and
Corporate Sectors such as DMRC, L&T,
Any other relevant information SECL, BHEL, NTPC, Tata Power, ISGEC,
SAIL, etc.
He is immensely experienced and handled
over a hundred employees at all management
levels under this segment.
The company will deal with various steel
products.
Mr. Suresh is an expert in import, export, and
trading. He also possesses a deep knowledge
of the steel business.

Name of the Promoter Mr. Paramjeet Singh
Father's name Mr. Prem Singh
Educational Qualification Graduate
House no. 6, Talkatora Road, near Gurudwara

Residential Address
Rakab Ganj Sahib, Gol Market, New Delhi
Permanent Account Number BJAPS3839R
Mr. Paramjeet holds a graduate degree. He is

extensively experienced in handling
mechanical knowledge of iron and steel
Any other relevant information products.
With his experience of 25 years in the industry,
he offers the company a new direction.

Name of the Promoter Mr. Ram Naresh
Father's/ Husband's name Mr. Pyare Lal
Educational Qualification Graduate
Residential Address Salarpur, Alwar, Rajasthan
Permanent Account Number ATGPN7705C
Mr. Ram Naresh has experience in

Any other relevant information administrative work. With his experience of 10
years in factory administration and planning,
He will look after the administrative work of
the company.
Executive Summary
 The objective of the company is to become one of the leading manufacturer and supplier of Pre-
Engineered Building System, Monopole Transmission Tower, Angel Transmission Tower, and
Crash Barrier for various industry and government needs.
 Keeping customers’ satisfaction supreme, it follows the mantras of transparency,
timeliness, and cost-effectiveness.
 The company aims to exploit its wide distribution network and diversified product
portfolio to become the one-stop shop for all Pre-Engineered Building Systems, Monopole
Transmission Tower, Angel Transmission Monopoles, and Crash Barrier across the nation.
 Navratan Pipe and Profile Limited believes in maintaining high standards of quality and
raw materials are always sourced from renowned companies.
 In Short, The Company want its name to be synonymous with excellence and
commitment to customer satisfaction.
Project Description
Brief Description of the Project
 Navratan Pipe and Profile Limited will provide high-quality of manufactured products in
the market. Company has its manufacturing plant in B40-41, RIICO INDUSTRIAL AREA,
KAROLI, BHIWADI, DISTT. ALWAR, RAJASTHAN. Another office will be at the
manufacturing unit location.
 The company will purchase the raw materials from renowned companies i.e., Steel
authority of India Limited, Tata Steel. The raw material and the final good will be
transported in trucks and lorries via road.
 Company will target the local market through dealers all over India, and through digital
platforms, e-mail marketing will be preferred.
 Company will strategize through the dealer’s Network, and the company’s own website as
well.
Product Description
The company will manufacture Pre-Engineered Building System, Monopole Transmission Tower,
Monopoles, and Crash Barrier.
Pre-Engineered Building System
Navratan’s Pre-Engineered Metal Building are tailor-made solutions to a customer’s needs and are
custom designed to meet exact requirements. These buildings are flexible enough to suit different
building dimensions. They are easily expandable, can withstand harsh climatic conditions and
come with maintenance-free exteriors. Pre-Engineered Metal Buildings are suitable for both
industrial and commercial operations. Warehouses, factories, aircraft hangers, cold storage,
workshops, sports halls, supermarkets or any high-rise building, Navratan’s Pre-Engineered Metal
Building offer modern solutions to all building constructions.
Monopole Transmission Tower
The main factor of any electrical power transmission line is monopole transmission tower. The
main parameter of high voltage transmission lines depends on voltage level. There are distinct
types of towers used for electrical power transmission lines. The major transmission towers are
characterized below:
- Suspension Tower
- Tension Tower
- Transposition Tower
- Special Tower
Crash Barrier
Crash barriers are used to prevent the major risk of accidents and vehicle collisions. These crash
barriers find wide application in hilly areas, highways, U-turns and roads. It saves one from the
risks like crossing the median on hilly roads and colliding head-on with other vehicles and prevents
colliding at sharp curves. Crash barriers help in redirecting vehicles far away from the strong
energy of the straying vehicle. These are strong enough to bear heavy pressure easily.
Navratan’s crash barriers are manufactured with high grade quality raw materials which will
provide high strength and road security. Connected units have energy absorbing ability, cause less
damage to impacted vehicles than other barriers and offer significant transport saving compared
to other available alternatives in the market. Our clients can avail exclusive and comprehensive of
crash barriers.
Angel Transmission Tower

The angel transmission towers are reinforced with anchors to counteract pressure exerted against
the angle. The angle towers are used when the line route deviates more than this specified
maximum angle. The towers are used at the termination point of line towers and are designed to
carry large, unbalanced loads. The dead-end towers are the strongest and heaviest. The angle
towers use tension insulator strings. Angle towers are used whenever the line route deviates so
that the suspension tower cannot be used.
Standard and Specification of the Product

Uses and Application of the Product
 Pre –engineered building system is used to construct commercial spaces for factories,
industrial buildings, and small manufacturing units. Pre –engineered building system is an
alternative to conventional structure. It is highly economical and eco-friendly.
 Crash barriers are used for protection especially on mountain roads and highways to
prevent vehicles from falling. It provides solid protection of life against accidents and
collisions.
 Monopoles are the least intrusive and easy-to-install towers. These are the most
preferred structures for wireless transmission in the communication and power
transmission industry. Transmission towers are large structures that support the high-
voltage transmission lines.
Location of the Project
General Location of the Site
B40-41, RIICO Industrial Area. Karoli, Bhiwadi, Distt. Alwar, Rajasthan
Google Earth Image of the Project Site
Co-ordinates of The Project Site

Latitude Longitude
28.52351 77.20757
Market Survey
Present Market Position Demand Supply Of:
Pre-Engineered Building (PEB) System

 The factor contributing to the demand for pre-engineered buildings is the rapidly growing
industrialization and urbanization.
 The lower price of single-story buildings and the benefits of creating large open spaces
which are efficient, offering easy maintenance, architectural flexibility, support the
demand for single-story pre-engineered buildings.
 The growth of the market is driven by the growth of various end-use industries, such as
warehouses & industrial, infrastructure, and commercial, which is generating huge
demand for pre-engineered buildings.
Monopole Transmission Tower
 Growing demand for the revamping & replacement of traditional aging infrastructures
along with government policies & regulations for reduced emissions will sway the
transmission towers market landscape.
 Rising construction activities across the commercial sector, followed by the continuous
installation of low & medium voltage lines and other electrical equipment have instituted
a favorable business scenario.
 The ongoing expansion of cross-border interconnection networks and the large-scale
deployment of smart grid infrastructures has accelerated the product demand.
 Monopoles are cost-effective and work well in the long term with minimum maintenance
cost, leading to an increase in demand.
Crash Barrier
India is adopting strategies to provide guaranteed safety and quality of road infrastructure through
superior design, build, and maintenance of road and safety audits. Urbanization surged the construction
of roads and highways leading to the increase in crash barrier market size.
Commercialization leads to the construction of parking spaces, which are prone to accidents due to blind
turns, low visibility, vehicle malfunction or rash driving which surged the demand for crash barrier.
Installing crash barriers in these structures reduced the accidental rates.
Monopoles
The need for more wireless communication infrastructure has increased the demand in the market.
Demand for monopoles increased as they emerged as an eco-friendly alternative. Monopoles are cost-
effective and work well in the long term with minimum maintenance cost, leading to an increase in
demand.
Market Opportunity
Crash barrier market opportunity

 Growing construction and automotive industries are surging the demand for crash barrier
systems.
 Urbanization surged the construction of paved roads and highways, therefore leading to the
growth in crash barrier market.
 Installation of crash barriers reduced the risk of accidental rate, therefore driving the market
growth.
 The global crash barrier systems market is projected to grow from $7.01 billion (about
$22 per person) in 2022 to $9.35 billion (about $29 per person) by 2029, at a CAGR
(Compound Annual Growth Rate) of 4.2% in forecast period.
 Investments in the development of roads, railways and airports necessitate the use of
crash barriers, giving a larger scope in the market.
Angel Transmission Tower opportunity
 As India falls under the category of developing nations, the demand for electricity to
support economic growth is on a continuous rise. India has emerged as the second-largest
transmission market after China.
 India contributes over 15% of the global angel transmission tower market. India will be
consuming 1.8 trillion units by 2025 as India's growth trajectory accelerates, and this
requires large investments in the angel transmission sector.
Opportunity of Pre-Engineered Building System:
 The global pre-engineered building (PEB) market size was accounted for USD 9.73 billion,
in 2019 and anticipated to grow with a CAGR of 15.5%, during the forecast period, 2021
to 2025.
 PEB provide various advantages such as minimal maintenance cost, energy-efficient wall
& roofing systems, reduced construction time, architectural flexibility, quality control,
larger vacant spaces, and flexibility of expansion, giving larger market opportunity.
Transmission Tower Market Opportunity
 The global crash barrier systems market is projected to grow from $7.01 billion (about
$22 per person) in 2022 to $9.35 billion (about $29 per person) by 2029, at a CAGR
(Compound Annual Growth Rate) of 4.2% in forecast period.
 The Transmission Tower Market size is forecast to reach US$ 3.5 billion by 2027, growing
at a CAGR of 7.6 % from 2022 to 2027.
 The growth contributing factors for this market are the increase in peak loads by domestic
and industrial users, expanding urban settlements, and the need for the upgradation of
aging infrastructure to reduce drawbacks of the system.
Marketing Strategy
 Competition in building Pre-Engineered Building Systems, Monopole Transmission
Tower, Angel Transmission Towers, and Crash Barrier to meet market demand is
becoming increasingly fierce.
 To get rid of the traditional manufacturing mode, Navratan Pipe and Profile Limited will
be under pressure.
 Navratan Pipe and Profile Limited, should not only learn advanced production concepts,
but also keep up with the trend of the times, and integrate energy-saving environmental
protection concepts into the design of Pre-Engineered Building System, Monopole
Transmission Tower, Angel Transmission Towers, and Crash Barrier products.
 Only by actively catering to market demand, developing accurate market positioning, and
taking the road of independent innovation and Ramped, can win the favor and pursuit of
market consumers.
 Furthermore, Navratan Pipe and Profile Limited will strategies the market through the
dealer’s Network, and the companies own website as well.
Technical Feasibility
Manpower Requirement
The unit shall require highly skilled service persons. The number of workforce required is as
follows:
Plant In charge 1
Product Manager 1
Quality Check Manager 1
Maintenance Manager 1
Skilled Labour 50
Unskilled labor 30
Power
The energy consumption measures 500 KW from manufacturing to delivery and the rate per unit
is Rs.6/unit.
Inspection and Quality Control
 The company will focus on the quality of Pre-Engineered Building System, Angel
Transmission Towers, Monopole Transmission Tower, and Crash Barriere.
 The raw material used will be from trusted suppliers only to maintain the standard of
quality.
 The technique used in the manufacturing of the product is of excellent quality. A
proper inspection of the product is done by the quality manager with a proper checklist.
 Proper site testing will be done for every manufactured product.
 Manufactured products will be checked for all the specifications to meet the quality markers.
 Random product samples will be pulled out for inspection.
Commercial Viability
Swot Analysis
Strength:
 Navratan Pipe and Profile Limited has an experience of 40 years in growing client lists
across India. This will strengthen them to keep customers' satisfaction at supreme and help
in growing the business.
 Promising future of pre-engineered buildings, crash barriers, and other manufactured
materials.
 Navratan Pipe and Profile Limited being experienced in business has established good
market linkages, and believes in never compromising with quality of product, knowing it
is directly proportional with the growth of business.
 Skillful team members, experienced management team members.
Weakness:
 Customer retention, lack of funds to invest in the production of PEB, crash barrier,
monopoles, and monopole transmission towers.
Opportunities:
 Increasing demand of PEB, and monopole transmission in the market, high demand of
crash barriers in hilly areas, highways, and on roads.
Threat:
 Increased material cost, tight labor supply, change in government policies, price wars with
the competitors, existing competitors in the market, another major threat for the company
will be maintaining potential customer trust and long-time relations.
CMA Data
Cost of project and means of finance
* Figures in Lakhs
Already
incurred To be incurred Total Cost
in Last FY
FY 2023 FY 2024
Land 250 915 0 1165
Site Development 0 0 0 0
Buildings 0 500 0 500
Plant and Machinery
Imported 0 0 0 0
Indigenous 0 0 0 0
Misc. Fixed Assets 0 0 0 0
Preliminary Expenses 0 45 0 45
Pre-operative Expenses 0 0 0 0
Provision for Contingencies 0 0 0 0
Incremental Margin Money for
0 950 950
Working Capital
Total Cost 250 1460 950 2660
Total Cost (Rounded off) 2660
Already
raised To be raised Total
in last FY
FY 2023 FY 2024
Equity
Equity Share Capital 0 0 0 0
Share Premium 0 0 0 0
Preference Share Capital 0 0 0 0
Applicant Bank Equity Contribution 0 0 0 0
Internal Accruals 250 860 0 1110
Quasi-Equity
Interest free Unsecured Loans 0 300 0 300
Subsidy 0 0 0 0
Quasi-Equity Others (Pl Specify) 0 0 0 0
Total Equity/ Quasi-Equity 250 1160 0 1410
Debt
Applicant Bank Term Loan 0 1500 0 1500
Applicant Bank Sub-Debt/ OCSD 0 0 0 0
Applicant Bank WCTL 0 0 0 0
Term Loan from Other Banks 0 0 0 0
Interest Bearing Unsecured Loans 0 0 0 0
Total Debt 0 1500 0 1500
Total Finance 250 2660 0 2910
Debt-Equity Ratio (DER) - Project 1.06
Promoters' Contribution (%) 48%
Promoters' Contribution by Equity (%) 0%
Ratio of Capital to Interest Free Unsecured Loans 3.7
Computation of debt equity ratio company as a whole (post project)
Existing
Audited as As on date (as at the
on of end of last Proposed Total
31/03/2022 appraisal FY/date of
appraisal)
Equity
Equity Share Capital 492.24 492.24 0 492.24
Equity Share Capital- Applicant
0 0 0 0
Bank / Others
Preference Share Capital 0 0 0 0
Reserves & Surplus 779.85 779.85 0 779.85
Subsidies 0 0 0 0
Profit & Loss Account (only credit
0 0 0
balance)
Less: Intangibles/ Misc. / Prelim. /
0 0 0
Def.Rev.Exp. not written off
Less: Accumulated Losses 0 0 0
Net Worth 1272.09 0 1272.09 0 1272.09
Quasi-Equity
Interest free Unsecured Loans 0 0 300 300
Quasi-Equity Others 0 0
Total Equity/ Quasi-Equity 1272.09 1272.09 300 1572.09
Debt
Applicant Bank Term Loan 0 0 0 1500 1500
Applicant Bank Sub-Debt/ OCSD-
0 0
Proposed
Applicant Bank WCTL Proposed 0 0
Term Loan from Other Banks 0 0 0 0 0
Interest Bearing Unsecured Loans 835.32 0 835.32 0 835.32
Total Debt 835.32 0 835.32 1500 2335.32
Total Finance 2107.41 0 2107.41 1800 3907.41
Debt-Equity Ratio (DER) - Company as a whole (Considering Interest Free
1.49
Unsecured Loans as Quasi Equity)
Debt-Equity Ratio (DER) - Company as a whole (Considering Sub-Debt/OCSD
1.49
& IFUL as Quasi Equity)
Debt-Equity Ratio (DER) - Company as a whole (Considering Sub-Debt/OCSD
2.07
& IFUL as Debt)
Assumption
Limited
Constitution of the applicant
Company
Method of depreciation applied in past financial statements WDV
Proposed date of commencement of production of proposed project 01/04/2023
First financial year of projections 2023
No of further Projection Years From Proposed date of commencement of
8
production of proposed project
No Of Moratorium Period (in Months) From Proposed date of
6
commencement of production of proposed project
Basis of install capacity

Existing capacity
Production
Production Production
Working Per
Per Hour Hrs per Shifts per day
Product Name Unit days per Annum
(Units or shift per day (Units or
year (Units or
MTs) MTs)
MTs)
Monopole Transmission
Tonne 3 12 1 36 300 10800
Tower
Pre - Engineered Building
Tonne 2 12 1 24 300 7200
System
Monopole Tonne 2 12 1 24 300 7200
Crash Barrier Tonne 1.5 12 1 18 300 5400
Sum of Existing Capacity 30600
Additional capacity
Production
Production Production
Working Per
Per Hour Hrs per Shifts per day
Product Name Unit days per Annum
(Units or shift per day (Units or
year (Units or
MTs) MTs)
MTs)
0 Unit 0 0 0 0 0 0
Sum of Additional Capacity 0
Weighted average capacity
Additional
Existing Capacity Overall Capacity
Capacity
Installed Capacity (units) 30600 0 30600
No of months working in first year 12 0
Percentage Capacity Utilisation 1 0
Additional
Existing Capacity Overall Capacity
Capacity
Weighted Average Capacity Utilisation for first year (as compared to
1
overall installed capacity)
Production capacity utilisation

Financial Year Percentage
Financial Year FY2023 1%
Sales at overall installed capacity

* Figures in Lakhs
Basis Of Overall Installed Capacity 30600
(a) Net Domestic Sales
Percentage Domestic Sales 100%
Quantity for domestic sales 30600
Unit Measurement Tonne
Selling rate per unit (Rs.) (Including GST) 110000
Net Domestic Sales at installed capacity (Rs. lakh) 33660
Raw material cost at overall installed capacity

* Figures in Lakhs
Quantity required Purchase rate per
Product Name Total Cost (Rs. lakh)
(Units or MTs) unit(Rs.)
Pre Galvanized Angle 10500 100000 10500
HR Coil 11900 65000 7735
Colour coated Sheet 990 112000 1108.8
Hardware 730 200000 1460
Paints 575000 110 632.5
Pre Galvanized Coil 5250 90000 4725
Total Cost of Raw Material (Rs. lakh) 26161.3
Consumable spare at overall installed capacity
* Figures in Lakhs
Quantity required Purchase rate per
Product Name Total Cost (Rs. lakh)
(Units or MTs) unit(Rs.)
Misc- consumable 30600 100 30.6
Total Cost of Consumable Spares (Rs. lakh) 30.6
Power and fuel expenses at overall installed capacity

* Figures in Lakhs
(a) Power Cost Calculations
Existing Power Load 10

Proposed Power Load 500
Total Power Load 510
No. of working hours per day 12
No. of working days per annum 300
Load Factor 0.19
Total units consumption per annum 367200
Ratio of Power to be obtained from SEB 90%
Own Generation Power 10%
Power from SEB
No. of units purchased 330480
Rate per unit (Rs.) 6
Total Cost (Rs. lakh) 19.83
Own Generation
No of units generated 36720
Total Cost (Rs. lakh) 2.94
Total Electricity Cost (Rs. lakh) 22.77
(b) Fuel Cost for Steam Boiler
Diesel reqd. per hour (ltrs.) 4

No. of working hours per day 12
No. of working days per annum 300
Total consumption per annum (ltrs.) 14400
Rate per litre of Diesel 96
Total cost of Diesel (Rs. lakh) 13.82
Total Power & Fuel Cost (Rs. lakh) 36.59
Factory salaries wages
* Figures in Lakhs
Additional No Of Employees Per Month Salary Amount (Rs.)
Plant IN charge 1 100000 100000
Production Manager 1 60000 60000
Quality Check
1 40000 40000
Manager
Maintenance Manager 1 30000 30000
skilled Labour 50 18000 900000
Unskilled Labour 30 15000 450000
Total 84 1580000
Grand Total 84 1580000
Percentage fringe benefits

* Figures in Lakhs
Total Factory Salaries & Wages 1580000
Percentage Fringe Benefits 1
Fringe Benefits Amount (Rs.) 15800
Monthly Factory Salaries & Wages (Rs.) 1595800
Annual Factory Salaries & Wages (Rs. lakh) 191.5
Other manufacturing expense

* Figures in Lakhs
Production (units) 30600
Name Cost
Other Manufacturing Expense 400
Other Manufacturing Expenses (Rs. lakh) 122.4
Other variable expense

* Figures in Lakhs
Production (units) 30600
Name Cost
Other Variable Expenses 500
Other Variable Expenses (Rs. lakh) 153
Finance cost
* Figures in Lakhs
Upfront fee term loan
Amount of Term Loan (Rs. Lakh) 1500

Upfront fee (%) 1
Amount of Upfront Fee 15
GST (%) 18
Amount of Upfront Fee (incl. GST) (Rs. lakh) 17.7
Interest during construction period
Amount of Term Loan (Rs. Lakh) 1500

Interest Rate on Term Loan 9%
Disbursement I II III
Amount disbursed 750 750 0
Cumulative amount 750 1500 1500
Outstanding period (in months) 4 2 0
Interest amount 22.5 22.5 0
Total Interest during construction period (Rs. lakh) 45
Projections of performance & profitability

* Figures in Lakhs
Interest on Existing & Proposed Loans
FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Production
Capacity 0% 0% 1% 50% 55% 60% 65% 70% 75%
Utilisation
Sales as
percentage
0.92% 45.92% 54.58% 59.58% 64.58% 69.58% 74.58%
of Installed
Capacity
Sales/ Total Income
Gross
Domestic 0.51 9.97 309.67 15456.67 18371.63 20054.63 21737.63 23420.63 25103.63
Sales
Less : GST 0 0 0 0 0 0 0 0 0
Net
Domestic 0.51 9.97 309.67 15456.67 18371.63 20054.63 21737.63 23420.63 25103.63
Sales
Export
0 0 0 0 0 0 0 0 0
Sales
FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Net Sales 0.51 9.97 309.67 15456.67 18371.63 20054.63 21737.63 23420.63 25103.63
Income
from Job 0 950.19 0 0 0 0 0 0 0
Work
Other
Operational 0 0 0 0 0 0 0 0 0
Income
Total
0.51 960.16 309.67 15456.67 18371.63 20054.63 21737.63 23420.63 25103.63
Income
Cost Of
Production/ FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Sales
Raw Material
0 0 261.61 13080.65 14388.72 15696.78 17004.85 18312.91 19620.98
Consumed
Consumable
Stores & 0 0 0.31 15.3 16.83 18.36 19.89 21.42 22.95
Spares
Power, Fuel &
Other Utilities 0 0 2.28 2.28 2.28 2.28 2.28 2.28 2.28
(Fixed)
Power, Fuel &
Other Utilities 0.2 10.25 11.27 12.3 13.32 14.35 15.37
(Variable)
Factory
Salaries & 25.72 11.19 19.15 19.15 19.15 19.15 19.15 19.15 19.15
Wages (Fixed)
Factory
Salaries &
1.72 86.18 94.79 103.41 112.03 120.65 129.26
Wages
(Variable)
Repairs &
0 0 20.58 22.64 24.9 27.39 30.13 33.14 36.45
Maintenance
Other
Manufacturing 12.21 10.12 1.22 61.2 67.32 73.44 79.56 85.68 91.8
Expenses
Other Variable
0 0 1.53 76.5 84.15 91.8 99.45 107.1 114.75
Expenses
Depreciation 210.51 344.31 283.64 243.61 209.33 179.96 154.8 133.22 114.72
Sub-total 248.44 365.62 592.24 13617.76 14918.74 16224.87 17535.46 18849.9 20167.71
Add: Opening
Stock in 1.81 21.96 0 23.69 545.66 618.58 673.74 728.37 783.13
Process
Cost Of
Sales
Less: Closing
Stock in 0 0 23.69 545.66 618.58 673.74 728.37 783.13 838.03
Process
Cost of
250.25 387.58 568.55 13095.79 14845.82 16169.71 17480.83 18795.14 20112.81
Production
Add: Opening
Stock of
0 0 0 22.74 524.74 614.82 671.38 726.09 780.85
Finished
Goods
Less: Closing
Stock of
0 0 22.74 524.74 614.82 671.38 726.09 780.85 835.75
Finished
Goods
Cost of Sales 250.25 387.58 545.81 12593.79 14755.74 16113.15 17426.12 18740.38 20057.91
Selling,
Packing &
Distri. 0 0 0 0 0 0 0 0 0
Expenses
(Fixed)
Selling,
Packing &
Distri. 15.48 772.83 918.58 1002.73 1086.88 1171.03 1255.18
Expenses
(Variable)
Administrative
& Misc. 0 0 9.29 463.7 551.15 601.64 652.13 702.62 753.11
Expenses
Sub-total 250.25 387.58 570.58 13830.32 16225.47 17717.52 19165.13 20614.03 22066.2
Profit before
Interest, Lease
-249.74 572.58 -260.91 1626.35 2146.16 2337.11 2572.5 2806.6 3037.43
Rentals
(PBIT)
Interest on
Applicant
0 0 0 132.09 111.59 89.09 66.59 44.19 21.59
Bank Term
Loan(s)
Interest on
Applicant
0 0 0 0 0 0 0 0 0
Bank Sub-
Debt/ OCSD
Interest on
Other Term 0 0 0 0 0 0 0 0 0
Loan(s)
Interest on
0 0 0 0 0 0 0 0 0
Interest
Cost Of
Sales
Bearing
Unsecured
Loans
Interest on
Bank 0 0 0 301.39 350.71 382.71 414.55 446.4 478.27
Borrowing
Lease Rentals 0 0 0 0 0 0 0 0 0
Operating
-249.74 572.58 -260.91 1192.87 1683.86 1865.31 2091.36 2316.01 2537.57
Profit
Misc. exp. /
def. rev. exp. /
0 0 0 0 0 0 0 0 0
prelim. exp.
Written off
Non-
operational 0 0 0 0 0 0 0 0 0
Income
Profit before
-249.74 572.58 -260.91 1192.87 1683.86 1865.31 2091.36 2316.01 2537.57
Tax (PBT)
Provision for
2.43 -49.84 0 425.79 554.83 601.79 663.26 725.26 787.14
Taxation
Profit after
-252.17 622.42 -260.91 767.08 1129.03 1263.52 1428.1 1590.75 1750.43
Tax (PAT)
Dividend 0 0 98.45 98.45 147.67 295.34 393.79 443.02 443.02
Retained
-252.17 622.42 -359.36 668.63 981.36 968.18 1034.31 1147.73 1307.41
Earnings
Gross Cash
-41.66 966.73 22.73 1010.69 1338.36 1443.48 1582.9 1723.97 1865.15
Accruals
Net Cash
-41.66 966.73 -75.72 912.24 1190.69 1148.14 1189.11 1280.95 1422.13
Accruals
PBDIT/ Total
-7692.16% 95.49% 7.34% 12.1% 12.82% 12.55% 12.55% 12.55% 12.56%
Income (%)
Operating
-
Profit/ Total 59.63% -84.25% 7.72% 9.17% 9.3% 9.62% 9.89% 10.11%
48968.63%
Income (%)
Net Profit/
Total income -49445.1% 64.82% -84.25% 4.96% 6.15% 6.3% 6.57% 6.79% 6.97%
(%)
Raw Material
Cost/ Cost of
0% 0% 46.01% 99.88% 96.92% 97.08% 97.28% 97.43% 97.55%
Production
(%)
Cost of
Production/ 49068.63% 40.37% 183.6% 84.73% 80.81% 80.63% 80.42% 80.25% 80.12%
Net Sales (%)
Cost Of
Sales
Cost of Sales/
49068.63% 40.37% 176.26% 81.48% 80.32% 80.35% 80.17% 80.02% 79.9%
Net Sales (%)
Interest
Coverage 0 0 0 4.31 5.1 5.34 5.67 5.99 6.31
Ratio
Return on
Capital
-INF% INF% -8.54% 22.71% 27.94% 29.3% 31.02% 32.51% 33.79%
Employed
(ROCE) (%)

FY2030
Production Capacity Utilisation 80%
Sales as percentage of Installed Capacity 79.58%
Sales/ Total Income
Gross Domestic Sales 26786.63
Less : GST 0
Net Domestic Sales 26786.63
Export Sales 0
Net Sales 26786.63
Income from Job Work 0
Other Operational Income 0
Total Income 26786.63
Cost Of Production/ Sales FY2030

Raw Material Consumed 20929.04
Consumable Stores & Spares 24.48
Power, Fuel & Other Utilities (Fixed) 2.28
Power, Fuel & Other Utilities (Variable) 16.39
Factory Salaries & Wages (Fixed) 19.15
Factory Salaries & Wages (Variable) 137.88
Repairs & Maintenance 40.1
Other Manufacturing Expenses 97.92
Other Variable Expenses 122.4
Depreciation 98.85
Sub-total 21488.49
Add: Opening Stock in Process 838.03
Less: Closing Stock in Process 893.06
Cost of Production 21433.46
Add: Opening Stock of Finished Goods 835.75
Cost Of Production/ Sales FY2030
Less: Closing Stock of Finished Goods 890.77
Cost of Sales 21378.44
Selling, Packing & Distri. Expenses (Fixed) 0
Selling, Packing & Distri. Expenses (Variable) 1339.33
Administrative & Misc. Expenses 803.6
Sub-total 23521.37
Profit before Interest, Lease Rentals (PBIT) 3265.26
Interest on Applicant Bank Term Loan(s) 2.35
Interest on Applicant Bank Sub-Debt/ OCSD 0
Interest on Other Term Loan(s) 0
Interest on Interest Bearing Unsecured Loans 0
Interest on Bank Borrowing 510.16
Lease Rentals 0
Operating Profit 2752.75
Misc. exp. / def. rev. exp. / prelim. exp. Written off 0
Non-operational Income 0
Profit before Tax (PBT) 2752.75
Provision for Taxation 847.8
Profit after Tax (PAT) 1904.95
Dividend 492.24
Retained Earnings 1412.71
Gross Cash Accruals 2003.8
Net Cash Accruals 1511.56
PBDIT/ Total Income (%) 12.56%
Operating Profit/ Total Income (%) 10.28%
Net Profit/ Total income (%) 7.11%
Raw Material Cost/ Cost of Production (%) 97.65%
Cost of Production/ Net Sales (%) 80.02%
Cost of Sales/ Net Sales (%) 79.81%
Interest Coverage Ratio 6.56
Return on Capital Employed (ROCE) (%) 34.87%
Projected balance sheet
* Figures in Lakhs
As on As on Implement As on As on As on As on As on
3/31/2021 3/31/2022 Period 3/31/2023 3/31/2024 3/31/2025 3/31/2026 3/31/2027
A.
Liabilities
Equity Share
492.24 492.24 0 492.24 492.24 492.24 492.24 492.24
Capital
Preference
Share 0 0 0 0 0 0 0 0
Capital
Equity Share
Capital-
Applicant 0 0 0 0 0 0 0 0
Bank /
Others
Reserves &
157.42 779.85 610 420.49 1089.12 2070.48 3038.66 4072.97
Surplus
Interest free
Unsecured 0 0 300 300 300 300 300 300
Loans
Subsidy 0 0 0 0 0 0 0 0
Quasi-
Equity
0 0 0 0 0 0
Others (Pl
Specify)
Applicant
Bank Term
0 0 0 0 0 0 0
Loan(s)-
Existing
Other Term
Loan(s)- 0 0 0 0 0 0 0
Existing
Deferred
Payment
0 0 0 0 0 0 0
Credits-
Existing
Interest
Bearing
Unsecured 835.32 835.32 835.32 835.32 835.32 835.32 835.32
Loans-
Existing
Applicant
Bank Term
1500 1500 1375 1125 875 625
Loan-
Proposed
3/31/2021 3/31/2022 Period 3/31/2023 3/31/2024 3/31/2025 3/31/2026 3/31/2027
Applicant
Bank Sub-
Debt/ 0 0 0 0 0 0
OCSD-
Proposed
Applicant
Bank
0 0 0 0 0 0
WCTL-
Proposed
Term Loan
from Other
0 0 0 0 0 0
Banks-
Proposed
Interest
Bearing
Unsecured 0 0 0 0 0 0
Loans-
Proposed
Other Long
Term 55.94 6.09 6.09 6.09 6.09 6.09 6.09
Liabilities
Bank
Borrowings 0 0 0 3348.76 3896.76 4252.32 4606.09
for WC
Current
52.86 68.86 5.46 272.83 300.12 327.4 354.68
Liabilities
Total
1593.78 2182.36 2410 3559.6 7719.36 9026.01 10127.03 11292.39
Liabilities
B. ASSETS
WDV of
1202.43 1808.27 1415 3223.27 2939.63 2696.02 2486.69 2306.73
Fixed assets
Less :
0 0 0 283.64 243.61 209.33 179.96 154.8
Depreciation
Net Fixed
1202.43 1808.27 1415 2939.63 2696.02 2486.69 2306.73 2151.93
Assets
Non Current
0 0 0 0 0 0 0
Assets
Current
390.23 372.18 119.87 4737.84 5495.8 5997.16 6496.13
Assets
Cash &
Bank 1.12 1.91 950 455.1 240.5 998.52 1778.14 2599.33
Balance
Misc. /
Prelim. / 0 0 45 0 0 0 0 0
Def. rev.
3/31/2021 3/31/2022 Period 3/31/2023 3/31/2024 3/31/2025 3/31/2026 3/31/2027
exp. not
written off
Total Assets 1593.78 2182.36 2410 3514.6 7674.36 8981.01 10082.03 11247.39
Current
Ratio (not
considering
7.4 5.43 105.31 1.37 1.55 1.7 1.83
instalments
of T/L as
CL)
Current
Ratio
(considering
7.4 5.43 105.31 1.37 1.55 1.7 1.83
instalments
of T/L as
CL)
Debt Equity
1.37 0.66 2.95 2.89 1.59 0.88 0.57 0.39
Ratio
Debt Equity
Ratio
(Considering
Interest Free
1.37 0.66 1.65 1.93 1.18 0.69 0.45 0.3
Unsecured
Loans as
Quasi
Equity)
Debt Equity
Ratio
(Considering
Sub-
1.65 1.93 1.18 0.69 0.45 0.3
Debt/OCSD
& IFUL as
Quasi
Equity)
TOL/ TNW 1.45 0.72 2.9 3.88 2.52 1.87 1.47
As on As on As on
3/31/2028 3/31/2029 3/31/2030
A. Liabilities
Equity Share Capital 492.24 492.24 492.24
Preference Share Capital 0 0 0
Equity Share Capital- Applicant Bank / Others 0 0 0
Reserves & Surplus 5220.7 6528.11 7940.82
Interest free Unsecured Loans 300 300 300
Subsidy 0 0 0
Quasi-Equity Others (Pl Specify) 0 0 0
As on As on As on
3/31/2028 3/31/2029 3/31/2030
Applicant Bank Term Loan(s)-Existing 0 0 0
Other Term Loan(s)-Existing 0 0 0
Deferred Payment Credits-Existing 0 0 0
Interest Bearing Unsecured Loans-Existing 835.32 835.32 835.32
Applicant Bank Term Loan-Proposed 375 125 0
Applicant Bank Sub-Debt/ OCSD-Proposed 0 0 0
Applicant Bank WCTL-Proposed 0 0 0
Term Loan from Other Banks-Proposed 0 0 0
Interest Bearing Unsecured Loans-Proposed 0 0 0
Other Long Term Liabilities 6.09 6.09 6.09
Bank Borrowings for WC 4959.99 5314.09 5668.4
Current Liabilities 381.97 409.25 436.53
Total Liabilities 12571.31 14010.1 15679.4
B. ASSETS
WDV of Fixed assets 2151.93 2018.71 1903.99
Less : Depreciation 133.22 114.72 98.85
Net Fixed Assets 2018.71 1903.99 1805.14
Non Current Assets 0 0 0
Current Assets 6995.29 7494.71 7994.4
Cash & Bank Balance 3512.31 4566.4 5834.86
Misc. / Prelim. / Def. rev. exp. not written off 0 0 0
Total Assets 12526.31 13965.1 15634.4
Current Ratio (not considering instalments of T/L
1.97 2.11 2.27
as CL)
Current Ratio (considering instalments of T/L as
1.97 2.11 2.27
CL)
Debt Equity Ratio 0.27 0.18 0.14
Debt Equity Ratio (Considering Interest Free
0.2 0.13 0.1
Debt Equity Ratio (Considering Sub-Debt/OCSD
0.2 0.13 0.1
& IFUL as Quasi Equity)
TOL/ TNW 1.2 1 0.86
Projected cash flow statement
* Figures in Lakhs
Implement
FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028
Period
Sources Of
Funds
PBT with
interest &
-249.74 572.58 0 -260.91 1626.35 2146.16 2337.11 2572.5 2806.6
lease rental
added back
Depreciation 210.51 344.31 0 283.64 243.61 209.33 179.96 154.8 133.22
Increase in
Equity Share 0 0 0 0 0 0 0 0 0
Capital
Increase in
Share 0 0 0 0 0 0 0 0 0
Premium
Increase in
Preference 0 0 0 0 0 0 0 0 0
Share Capital
Increase in
Equity Share
Capital- 0 0 0 0 0 0 0 0 0
Applicant
Bank / Others
Internal
0 0 610
Accruals
Increase in
Interest free
0 0 300 300 0 0 0 0 0
Unsecured
loan
Increase in
0 0 0 0 0 0 0 0 0
Subsidy
Increase in
Quasi-Equity
0 0 0 0 0 0 0 0 0
Others (Pl
Specify)
Increase in
Applicant
Bank Term 0 0 0 0 0 0 0 0
Loan(s)-
Existing
Increase in
Other Term
0 0 0 0 0 0 0 0
Loan(s)-
Existing
Implement
Period
Increase in
Deferred
Payment 0 0
Credits-
Existing
Increase in
Interest
Bearing
0 0 0 0 0 0 0 0
Unsecured
Loans-
Existing
Increase in
Applicant
Bank Term 1500 1500 0 0 0 0 0
Loan-
Proposed
Increase in
Applicant
Bank Sub- 0 0 0 0 0 0 0
Debt/ OCSD-
Proposed
Increase in
Applicant
0 0 0 0 0 0 0
Bank WCTL-
Proposed
Increase in
Term Loan
from Other 0 0 0 0 0 0 0
Banks-
Proposed
Increase in
Interest
Bearing
0 0 0 0 0 0 0
Unsecured
Loans-
Proposed
Increase in
Other Long
2.43 -49.85
Term
Liabilities
Increase in
Bank
0 0 0 0 3348.76 548 355.56 353.77 353.9
Borrowings
for WC
Implement
Period
Increase in
Current 34.87 16 0 -63.4 267.37 27.29 27.28 27.28 27.29
Liabilities
Misc. /
Prelim. / Def.
0 0 0 0 0 0 0 0 0
rev. exp.
written off
Total -1.93 883.04 2410 1759.33 5486.09 2930.78 2899.91 3108.35 3321.01
Disposition
Of Funds
Increase in
Capital -210.51 605.84 1415 1415 0 0 0 0 0
expenditure
Increase in
Non Current 0 0
Assets
Increase in
Misc. /
0 0 45 45 0 0 0 0 0
Prelim. / Def.
rev. expenses
Increase in
Current -3.83 -18.05 0 -252.31 4617.97 757.96 501.36 498.97 499.16
Assets
Decrease in
Applicant
Bank Term 0 0 0 0 0 0 0 0
Loan(s)-
Existing
Decrease in
Other Term
0 0 0 0 0 0 0 0
Loan(s)-
Existing
Decrease in
Deferred
Payment 0 0 0 0 0 0 0 0
Credits-
Existing
Decrease in
Interest
Bearing
0 0 0 0 0 0 0 0
Unsecured
Loans-
Existing
Decrease in
Applicant 0 0 125 250 250 250 250
Bank Term
Implement
Period
Loan-
Proposed
Decrease in
Applicant
Bank Sub- 0 0 0 0 0 0 0
Debt/ OCSD-
Proposed
Decrease in
Applicant
0 0 0 0 0 0 0
Bank WCTL-
Proposed
Decrease in
Term Loan
from Other 0 0 0 0 0 0 0
Banks-
Proposed
Decrease in
Interest
Bearing
0 0 0 0 0 0 0
Unsecured
Loans-
Proposed
Interest on
Applicant
0 0 0 0 132.09 111.59 89.09 66.59 44.19
Bank Term
Loan(s)
Interest on
Applicant
Bank Sub- 0 0 0 0 0 0
Debt/ OCSD-
Proposed
Interest on
Other Term 0 0 0 0 0 0 0 0 0
Loan(s)
Interest on
Interest
Bearing 0 0 0 0 0 0 0 0 0
Unsecured
Loans
Interest on
Working 0 0 0 0 301.39 350.71 382.71 414.55 446.4
Capital Limit
Lease Rentals 0 0 0 0 0 0 0 0 0
Taxation 2.43 -49.84 0 0 425.79 554.83 601.79 663.26 725.26
Dividend 0 0 0 98.45 98.45 147.67 295.34 393.79 443.02
Total -211.91 537.95 1460 1306.14 5700.69 2172.76 2120.29 2287.16 2408.03
Implement
Period
Opening
Cash & Bank 1.66 1.12 1.91 455.1 240.5 998.52 1778.14 2599.33
Balance
Net Surplus/
209.98 345.09 950 453.19 -214.6 758.02 779.62 821.19 912.98
Deficit
Closing Cash
& Bank 211.64 346.21 950 455.1 240.5 998.52 1778.14 2599.33 3512.31
Balance
FY2029 FY2030
Sources Of Funds
PBT with interest & lease rental added back 3037.43 3265.26
Depreciation 114.72 98.85
Increase in Equity Share Capital 0 0
Increase in Share Premium 0 0
Increase in Preference Share Capital 0 0
Increase in Equity Share Capital- Applicant Bank / Others 0 0
Internal Accruals 0 0 610
Increase in Interest free Unsecured loan 0 0
Increase in Subsidy 0 0
Increase in Quasi-Equity Others (Pl Specify) 0 0
Increase in Applicant Bank Term Loan(s)-Existing 0 0
Increase in Other Term Loan(s)-Existing 0 0
Increase in Deferred Payment Credits-Existing 0 0
Increase in Interest Bearing Unsecured Loans-Existing 0 0
Increase in Applicant Bank Term Loan-Proposed 0 0
Increase in Applicant Bank Sub-Debt/ OCSD-Proposed 0 0
Increase in Applicant Bank WCTL-Proposed 0 0
Increase in Term Loan from Other Banks-Proposed 0 0
Increase in Interest Bearing Unsecured Loans-Proposed 0 0
Increase in Other Long Term Liabilities 2.43 -49.85
Increase in Bank Borrowings for WC 354.1 354.31
Increase in Current Liabilities 27.28 27.28
Misc. / Prelim. / Def. rev. exp. written off 0 0
Total 3533.53 3745.7
Disposition Of Funds
Increase in Capital expenditure 0 0
Increase in Non Current Assets 0 0
Increase in Misc. / Prelim. / Def. rev. expenses 0 0
Increase in Current Assets 499.42 499.69
Decrease in Applicant Bank Term Loan(s)-Existing 0 0
Decrease in Other Term Loan(s)-Existing 0 0
FY2029 FY2030
Decrease in Deferred Payment Credits-Existing 0 0
Decrease in Interest Bearing Unsecured Loans-Existing 0 0
Decrease in Applicant Bank Term Loan-Proposed 250 125
Decrease in Applicant Bank Sub-Debt/ OCSD-Proposed 0 0
Decrease in Applicant Bank WCTL-Proposed 0 0
Decrease in Term Loan from Other Banks-Proposed 0 0
Decrease in Interest Bearing Unsecured Loans-Proposed 0 0
Interest on Applicant Bank Term Loan(s) 21.59 2.35
Interest on Applicant Bank Sub-Debt/ OCSD-Proposed 0 0
Interest on Other Term Loan(s) 0 0
Interest on Interest Bearing Unsecured Loans 0 0
Interest on Working Capital Limit 478.27 510.16
Lease Rentals 0 0
Taxation 787.14 847.8
Dividend 443.02 492.24
Total 2479.44 2477.24
Opening Cash & Bank Balance 3512.31 4566.4
Net Surplus/ Deficit 1054.09 1268.46
Closing Cash & Bank Balance 4566.4 5834.86
Dividend or drawings
Financial Year Percentage
Working capital
* Figures in Lakhs
Whether Incremental MM for WC is to be included in the Project Cost for
Yes
Term Loan as well as WCTL
Year from which Incremental MM for WC will be used for Project Cost Second Year
Calculations of projection
First Method
Method of Assessment of Working Capital Requirement
of Lending
Whether computation of Stock in Process and Finished Goods are to be done
in Profitability Statement for arriving at proper values of cost of production
Yes
and cost of sales as per RBI definition, when following Second Method of
Lending for WC Assessment
Whether the unit has been availing working capital limit or will avail working
Yes
capital limit from Bank/ Applicant Bank
(a) User-defined
Assessment of Working
Capital
User-defined Margin
0 0 0 0 0 0 0 0
Money for WC
Bank Borrowing for WC 0 0 0 0 0 0 0 0
Sundry Creditors 0 0 0 0 0 0 0 0
(b) Inventory holding periods for First or Actual Last FY Wt. Avg. Past (No. No. of
Second Method of Lending (No. of Months) of Months) Months
Raw Material 0 0 1
Consumable Stores & Spares 0 0 1
Stock in Process 0 0 0.5
Finished Goods 0 0 0.5
(b) Inventory holding periods for First or Actual Last FY Wt. Avg. Past (No. No. of
Second Method of Lending (No. of Months) of Months) Months
Export Receivables 0
Receivables other than Exports 0 0 2
Actual Last FY Wt. Avg. Past
Other Current Assets (Rs. Lakh) 119.74 118
Other Current Liabilities (Rs. Lakh) 39.95 33

Other Current Assets
0 0 0 0 0 0 0 0
(Rs. Lakh)
Other Current Liabilities
0 0 0 0 0 0 0 0
(Rs. Lakh)
(c) Sundry Creditors for Nayak Committee Actual Last FY Wt. Avg. Past No. of
Method/ First or Second Method of Lending (No. of Months) (No. of Months) Months
Sundry Creditors 0 0 0.25
Rate of Interest on Bank Borrowing for
9%
Working Capital
Fixed assets
Depreciation Rates to
WDV of Fixed WDV as per IT Depreciation Rates
be applied in
Assets as at Computation as at as per Income Tax
projections (irrespective
end of last FY end of last FY (incl. Act (WDV
of method of
(Incl. CWIP) CWIP) Method)
depreciation)
Building 0 10 10% 10%
Plant &
1556.36 15 15% 15%
machinery
MFA 1.91 10 10% 10%
Total 1558.27 35
Applicant bank term loan proposed
Installments Type MONTHLY
Equal Installments Or Unequal Installments UNEQUAL
No. Of Monthly/ Quarterly Installments 72
Interest Rate On Applicant Bank's Term Loan 9
Date From Which Interest Is To Be Calculated 01/04/2023
Date Of First Monthly/ Quarterly Installment 01/10/2023
Details of wc incremental margin money for wc mf for wctl

* Figures in Lakhs
Details Of Wc Incremental Margin Total Cost (Rs
To be incurred in
Money For Wc Mf For Wctl Lakh)
FY 2021 FY 2022
Working Capital 0 0 0
Incremental Margin Money for
250 0 250
Working Capital
Total Cost 250 0 250
Total Cost 250
MEANS OF FINANCE Total (Rs. lakh) To be raised in

Equity FY 2021 FY 2022
Equity Share Capital 0 0 0
Share Premium 0 0 0
Internal Accruals 250 250 0
Quasi-Equity
Interest free Unsecured Loans 0 0 0
Total Equity/ Quasi-Equity 250 250 0
Debt
Applicant Bank Term Loan 0 0 0
Total Debt 0 0 0
Total Finance 250 250 0
Calculation of irr npv

Guess Rate For IRR Calculation 20%
Discount Rate For Npv Calculation 9%
No Of Employees 80
Depreciation chart
* Figures in Lakhs
Calculation Of Depreciation On Plant & Misc. Fixed
Building Total
Wdv Method Machinery Assets
WDV of Fixed Assets as at the end
0 1556.36 1.91 1558.27
of 2022
Assets added in FY 2023 500 0 0 500
Contingencies 0 0 0 0
Allocation of Pre-operative
0 0 0 0
Expenses
Total Value of Fixed Assets as at the
500 1556.36 1.91 2058.27
end of 2023
Depreciation Rates (WDV Method) 10% 15% 10%
Depreciation For 2023 50 233.45 0.19 283.64
WDV 450 1322.91 1.72 1774.63
Assets added in FY 2024 0 0 0 0
Contingencies 0 0 0 0
Allocation of Pre-operative
0 0 0 0
Expenses
Total Value of Fixed Assets as at the
450 1322.91 1.72 1774.63
end of 2024
Depreciation for 2024 45 198.44 0.17 243.61
WDV 405 1124.47 1.55 1531.02
Depreciation for 2025 40.5 168.67 0.16 209.33
WDV 364.5 955.8 1.39 1321.69
WDV 328.05 812.43 1.25 1141.73
WDV 295.24 690.57 1.12 986.93
WDV 265.72 586.98 1.01 853.71
WDV 239.15 498.93 0.91 738.99
WDV 215.23 424.09 0.82 640.14
Calculation Of Depreciation On Plant & Misc. Fixed
Building Total
Written Down Value Method Machinery Assets
Written Down Value of Assets as at
10 15 10 35
end of 2022
Value of Assets added in 2023 500 0 0 500
Total Value of Assets as ot end of
510 15 10 535
2023
Depreciation Rate 10% 15% 10%
Depreciation for 2023 51 2.25 1 54.25
WDV 459 12.75 9 480.75
Value of Assets added in 2024 0 0 0 0
Total Value of Assets as at end of
459 12.75 9 480.75
2024
WDV 413.1 10.84 8.1
WDV 371.79 9.21 7.29
WDV 334.61 7.83 6.56
WDV 301.15 6.66 5.9
Depreciation for 2028 30.12 1 0.59 31.71
WDV 271.03 5.66 5.31
WDV 243.93 4.81 4.78
WDV 219.54 4.09 4.3
Monthly interest on applicant bank term loan
Applicant Bank Term Loan (Rs. lakh) 1500
No. of Monthly Installments 72
Amount of Equal Installment 20.83
Rate of Interest 9%
Date from which interest is to calculated 01/04/2023
Date of first repayment 01/10/2023
Interest on
Opening Closing Quarterly Annual Annual
Date Repayment Closing
Balance Balance Interest Interest Installment
Balance
01/04/2023 1500 0 1500 11.1
01/05/2023 1500 0 1500 11.47
01/06/2023 1500 0 1500 11.1 33.66
01/07/2023 1500 0 1500 11.47
01/08/2023 1500 0 1500 11.47
01/09/2023 1500 0 1500 11.1 34.03
01/10/2023 1500 20.83 1479.17 11.31
01/11/2023 1479.17 20.83 1458.33 10.79
01/12/2023 1458.33 20.83 1437.5 10.99 33.08
01/01/2024 1437.5 20.83 1416.67 10.83
01/02/2024 1416.67 20.83 1395.83 9.98
01/03/2024 1395.83 20.83 1375 10.51 31.32 132.09 125
01/04/2024 1375 20.83 1354.17 10.02
01/05/2024 1354.17 20.83 1333.33 10.19
01/06/2024 1333.33 20.83 1312.5 9.71 29.92
01/07/2024 1312.5 20.83 1291.67 9.87
01/08/2024 1291.67 20.83 1270.83 9.71
01/09/2024 1270.83 20.83 1250 9.25 28.83
01/10/2024 1250 20.83 1229.17 9.4
01/11/2024 1229.17 20.83 1208.33 8.94
01/12/2024 1208.33 20.83 1187.5 9.08 27.41
01/01/2025 1187.5 20.83 1166.67 8.92
01/02/2025 1166.67 20.83 1145.83 7.91
01/03/2025 1145.83 20.83 1125 8.6 25.43 111.59 250
01/04/2025 1125 20.83 1104.17 8.17
01/05/2025 1104.17 20.83 1083.33 8.28
01/06/2025 1083.33 20.83 1062.5 7.86 24.31
01/07/2025 1062.5 20.83 1041.67 7.96
01/08/2025 1041.67 20.83 1020.83 7.8
01/09/2025 1020.83 20.83 1000 7.4 23.16
01/10/2025 1000 20.83 979.17 7.48
Interest on
Balance
01/11/2025 979.17 20.83 958.33 7.09
01/12/2025 958.33 20.83 937.5 7.17 21.74
01/01/2026 937.5 20.83 916.67 7.01
01/02/2026 916.67 20.83 895.83 6.18
01/03/2026 895.83 20.83 875 6.69 19.88 89.09 250
01/04/2026 875 20.83 854.17 6.32
01/05/2026 854.17 20.83 833.33 6.37
01/06/2026 833.33 20.83 812.5 6.01 18.7
01/07/2026 812.5 20.83 791.67 6.05
01/08/2026 791.67 20.83 770.83 5.89
01/09/2026 770.83 20.83 750 5.55 17.49
01/10/2026 750 20.83 729.17 5.57
01/11/2026 729.17 20.83 708.33 5.24
01/12/2026 708.33 20.83 687.5 5.26 16.07
01/01/2027 687.5 20.83 666.67 5.1
01/02/2027 666.67 20.83 645.83 4.46
01/03/2027 645.83 20.83 625 4.78 14.33 66.59 250
01/04/2027 625 20.83 604.17 4.47
01/05/2027 604.17 20.83 583.33 4.46
01/06/2027 583.33 20.83 562.5 4.16 13.09
01/07/2027 562.5 20.83 541.67 4.14
01/08/2027 541.67 20.83 520.83 3.98
01/09/2027 520.83 20.83 500 3.7 11.82
01/10/2027 500 20.83 479.17 3.66
01/11/2027 479.17 20.83 458.33 3.39
01/12/2027 458.33 20.83 437.5 3.34 10.4
01/01/2028 437.5 20.83 416.67 3.18
01/02/2028 416.67 20.83 395.83 2.83
01/03/2028 395.83 20.83 375 2.87 8.88 44.19 250
01/04/2028 375 20.83 354.17 2.62
01/05/2028 354.17 20.83 333.33 2.55
01/06/2028 333.33 20.83 312.5 2.31 7.48
01/07/2028 312.5 20.83 291.67 2.23
01/08/2028 291.67 20.83 270.83 2.07
01/09/2028 270.83 20.83 250 1.85 6.15
01/10/2028 250 20.83 229.17 1.75
01/11/2028 229.17 20.83 208.33 1.54
01/12/2028 208.33 20.83 187.5 1.43 4.73
01/01/2029 187.5 20.83 166.67 1.27
01/02/2029 166.67 20.83 145.83 1.01
Interest on
Balance
01/03/2029 145.83 20.83 125 0.96 3.24 21.59 250
01/04/2029 125 20.83 104.17 0.77
01/05/2029 104.17 20.83 83.33 0.64
01/06/2029 83.33 20.83 62.5 0.46 1.87
01/07/2029 62.5 20.83 41.67 0.32
01/08/2029 41.67 20.83 20.83 0.16
01/09/2029 20.83 20.83 0 0 0.48
01/10/2029 0 0 0 0 2.35 125
Total 0 1500 0 467.49 467.49 467.49 1500
Summary of interest and installments of loans

* Figures in Lakhs
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Total
Applicant Bank Term
0 0 0 0 0 0 0 0
Loan(s)-Existing
Applicant Bank Term
0 132.09 111.59 89.09 66.59 44.19 21.59 467.49
Loan-Proposed
Applicant Bank WCTL-
0 0 0 0 0 0 0 0
Proposed
Applicant Bank Term
0 132.09 111.59 89.09 66.59 44.19 21.59 467.49
Loans-Total
Applicant Bank Sub-Debt/
0 0 0 0 0 0 0 0
OCSD-Proposed
Other Term Loan(s)-
0 0 0 0 0 0 0 0
Existing
Other Term Loans-
0 0 0 0 0 0 0 0
Proposed
Other Term Loans-Total 0 0 0 0 0 0 0 0
Interest Bearing
0 0 0 0 0 0 0 0
Unsecured Loans-Existing
Interest Bearing
Unsecured Loans- 0 0 0 0 0 0 0 0
Proposed
Interest Bearing
0 0 0 0 0 0 0 0
Unsecured Loans-Total
Total 0 132.09 111.59 89.09 66.59 44.19 21.59 467.49
FY2030 Total
Applicant Bank Term Loan(s)-Existing 0 0
Applicant Bank Term Loan-Proposed 2.35 467.49
Applicant Bank WCTL-Proposed 0 0
Applicant Bank Term Loans-Total 2.35 467.49
Applicant Bank Sub-Debt/ OCSD-Proposed 0 0
Other Term Loan(s)-Existing 0 0
Other Term Loans-Proposed 0 0
Other Term Loans-Total 0 0
Interest Bearing Unsecured Loans-Existing 0 0
Interest Bearing Unsecured Loans-Proposed 0 0
Interest Bearing Unsecured Loans-Total 0 0
Total 2.35 467.49
Principal Installments of Existing & Proposed Loans
Applicant Bank Term
0 0 0 0 0 0 0 0
Loan(s)-Existing
Applicant Bank Term
0 125 250 250 250 250 250 1500
Loan-Proposed
Applicant Bank
0 0 0 0 0 0 0 0
WCTL-Proposed
Applicant Bank Term
0 125 250 250 250 250 250 1500
Loans-Total
Applicant Bank Sub-
Debt/ OCSD- 0 0 0 0 0 0 0 0
Proposed
Other Term Loan(s)-
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
Existing
Other Term Loans-
0 0 0 0 0 0 0 0
Proposed
Other Term Loans-
0 0 0 0 0 0 0 0
Total
Interest Bearing
Existing
Interest Bearing
Proposed
Interest Bearing
Total
Total 0 125 250 250 250 250 250 1500
Principal Installments of Existing & Proposed Loans
Applicant Bank Term Loan- 125 1500

Proposed
Applicant Bank WCTL-Proposed 0 0
Applicant Bank Term Loans-Total 125 1500
Applicant Bank Sub-Debt/ OCSD-
0 0
Proposed
Other Term Loan(s)-Existing 0.00 0
Other Term Loans-Proposed 0 0
Other Term Loans-Total 0 0
Interest Bearing Unsecured Loans-
0.00 0
Existing
0 0
Proposed
0 0
Total
Total 125 1500
Interest Bearing Unsecured Loans- Existing
Interest Rate 0%
Calculation of Interest on Interest Bearing Unsecured Loans-
Existing (Rs. lakh)
Opening Balance 835.32 835.32 835.32 835.32 835.32 835.32 835.32
Repayment
0 0 0 0 0 0 0 0
during the Year
Closing Balance 835.32 835.32 835.32 835.32 835.32 835.32 835.32
Average
835.32 835.32 835.32 835.32 835.32 835.32 835.32
Outstanding
Interest Amount 0 0 0 0 0 0 0 0
Interest Rate 0%
Calculation of Interest on Interest Bearing Unsecured Loans-
Existing (Rs. lakh)
FY2030 Total
Opening Balance 835.32
Repayment during the
0.00 0
Year
Closing Balance 835.32
Average Outstanding 835.32
Interest Amount 0 0
Total Instalment Amount FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Total
Existing Loans 0 0 0 0 0 0 0 0
Proposed Loans 0 125 250 250 250 250 250 1500
Total 0 125 250 250 250 250 250 1500
Total Instalment Amount FY2030 Total
Existing Loans 0 0
Proposed Loans 125 1500
Total 125 1500
Tax provision
* Figures in Lakhs
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
PBT -260.91 1192.87 1683.86 1865.31 2091.36 2316.01 2537.57
Add: Depreciation (as per books) 283.64 243.61 209.33 179.96 154.8 133.22 114.72
Less: Depreciation as per Income
54.25 48.71 43.75 39.29 35.29 31.71 28.48
Tax
Gross Taxable Income -31.52 1387.77 1849.44 2005.98 2210.87 2417.52 2623.81
Less: Loss brought forward 0 -31.52 0 0 0 0 0
Taxable Income -31.52 1419.29 1849.44 2005.98 2210.87 2417.52 2623.81
Less: Profit from Exports
0 0 0 0 0 0 0
(Deduction allowed u/s 80HHC)
Income after deduction u/s
-31.52 1419.29 1849.44 2005.98 2210.87 2417.52 2623.81
80HHC
Less: Deduction u/s 80-IA 0 0 0 0 0 0 0
Net Taxable Income -31.52 1419.29 1849.44 2005.98 2210.87 2417.52 2623.81
Income Tax @ 25% 0 425.79 554.83 601.79 663.26 725.26 787.14
Surcharge 0 0 0 0 0 0 0
Total Income Tax (including
0 425.79 554.83 601.79 663.26 725.26 787.14
Surcharge)
Education Cess @ 3% 0 0 0 0 0 0 0
Total Income Tax (including
0 425.79 554.83 601.79 663.26 725.26 787.14
Surcharge & Education Cess)
FY2030
PBT 2752.75
Add: Depreciation (as per books) 98.85
Less: Depreciation as per Income Tax 25.59
Gross Taxable Income 2826.01
Less: Loss brought forward 0
Taxable Income 2826.01
Less: Profit from Exports (Deduction allowed u/s 80HHC) 0
Income after deduction u/s 80HHC 2826.01
Less: Deduction u/s 80-IA 0
Net Taxable Income 2826.01
Income Tax @ 25% 847.8
Surcharge 0
Total Income Tax (including Surcharge) 847.8
Education Cess @ 3% 0
Total Income Tax (including Surcharge & Education Cess) 847.8
Margin money for working capital assessment of wc
* Figures in Lakhs
As Per Nayak Committee Method (if Wc Is Upto Rs.5 Crore)
Particulars FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Gross Sales (incl. Job
309.67 15456.67 18371.63 20054.63 21737.63 23420.63 25103.63
Income)
Total Working Capital
Requirement (25% of 77.42 3864.17 4592.91 5013.66 5434.41 5855.16 6275.91
Gross Sales)
Margin Money for
Working Capital (5% of 15.48 772.83 918.58 1002.73 1086.88 1171.03 1255.18
Gross Sales)
Permissible Bank
Borrowing (20% of Gross 61.94 3091.34 3674.33 4010.93 4347.53 4684.13 5020.73
Sales)
Particulars FY2030
Gross Sales (incl. Job Income) 26786.63
Total Working Capital Requirement (25% of Gross Sales) 6696.66
Margin Money for Working Capital (5% of Gross Sales) 1339.33
Permissible Bank Borrowing (20% of Gross Sales) 5357.33
As Per Second Method No. of
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Of Lending Months
Current Assets
Raw Material 1 21.8 1090.05 1199.06 1308.07 1417.07 1526.08 1635.08
Consumable Stores &
1 0.03 1.28 1.4 1.53 1.66 1.79 1.91
Spares
Stock in Process
(Month's Cost of 0.5 23.69 545.66 618.58 673.74 728.37 783.13 838.03
Production)
Finished Goods
0.5 22.74 524.74 614.82 671.38 726.09 780.85 835.75
(Month's Cost of sales)
Export Receivables 0 0 0 0 0 0 0 0
Receivables other than
2 51.61 2576.11 3061.94 3342.44 3622.94 3903.44 4183.94
Exports
Other Current Assets 0 0 0 0 0 0 0
Total Current Assets
119.87 4737.84 5495.8 5997.16 6496.13 6995.29 7494.71
(A)
Current Liabilities
Creditors for Purchases 0.25 5.46 272.83 300.12 327.4 354.68 381.97 409.25
Other Current
0 0 0 0 0 0 0
Liabilities
Total Current
5.46 272.83 300.12 327.4 354.68 381.97 409.25
Liabilities (B)
Working Capital Gap
114.41 4465.01 5195.68 5669.76 6141.45 6613.32 7085.46
(A-B)
Margin Money on
28.6 1116.25 1298.92 1417.44 1535.36 1653.33 1771.37
Working Capital
Maximum Permissible
85.81 3348.76 3896.76 4252.32 4606.09 4959.99 5314.09
Bank Finance
AS PER SECOND METHOD OF LENDING No. of Months FY2030

Current Assets
Raw Material 1 1744.09
Consumable Stores & Spares 1 2.04
Stock in Process (Month's Cost of Production) 0.5 893.06
Finished Goods (Month's Cost of sales) 0.5 890.77
Export Receivables 0 0
Receivables other than Exports 2 4464.44
Other Current Assets 0
Total Current Assets (A) 7994.4
Current Liabilities
Creditors for Purchases 0.25 436.53
Other Current Liabilities 0
Total Current Liabilities (B) 436.53
AS PER SECOND METHOD OF LENDING No. of Months FY2030
Working Capital Gap (A-B) 7557.87
Margin Money on Working Capital 1889.47
Maximum Permissible Bank Finance 5668.4
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029

Total Current Assets 119.87 4737.84 5495.8 5997.16 6496.13 6995.29 7494.71
Total Current Liabilities 5.46 272.83 300.12 327.4 354.68 381.97 409.25
Working Capital Gap 114.41 4465.01 5195.68 5669.76 6141.45 6613.32 7085.46
Margin Money on Working
28.6 1116.25 1298.92 1417.44 1535.36 1653.33 1771.37
Capital
WC financed by way of
250 250 250 250 250 250 250
Applicant Bank WCTL
Less: Margin Money on
Working Capital or WC
250 1116.25 1298.92 1417.44 1535.36 1653.33 1771.37
financed by way of WCTL
whichever is higher
Bank Borrowing for Working
0 3348.76 3896.76 4252.32 4606.09 4959.99 5314.09
Capital
Interest on Bank Borrowing
9% 0 301.39 350.71 382.71 414.55 446.4 478.27
for WC @
FY2030
Total Current Assets 7994.4
Total Current Liabilities 436.53
Working Capital Gap 7557.87
Margin Money on Working Capital 1889.47
WC financed by way of Applicant Bank WCTL 250
Less: Margin Money on Working Capital or WC financed by way of WCTL
1889.47
whichever is higher
Bank Borrowing for Working Capital 5668.4
Interest on Bank Borrowing for WC @ 9% 510.16
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Margin Money for
28.6 1116.25 1298.92 1417.44 1535.36 1653.33 1771.37
Working Capital required
Net Working Capital
available as at the end of 305.23
last FY
Incremental Margin
Money for Working 0 811.02 993.69 1112.21 1230.13 1348.1 1466.14
Capital
FY2030
Margin Money for Working Capital required 1889.47
Net Working Capital available as at the end of last FY 305.23
Incremental Margin Money for Working Capital 1584.24
Calculation of dscr
* Figures in Lakhs
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 TOTAL
Net Profit After Tax -260.91 767.08 1129.03 1263.52 1428.1 1590.75 875.22
Non-cash Charges 283.64 243.61 209.33 179.96 154.8 133.22 57.36
Interest on Applicant
0 132.09 111.59 89.09 66.59 44.19 21.59
Bank Term Loan
0 0 0 0 0 0 0
Bank Sub-Debt/ OCSD
Interest on Other Term
0 0 0 0 0 0 0
Loan(s)
Interest on Interest
Bearing Unsecured 0 0 0 0 0 0 0
Loans
Lease Rentals 0 0 0 0 0 0 0
TOTAL A 22.73 1142.78 1449.95 1532.57 1649.49 1768.16 954.17 8522.2
0 132.09 111.59 89.09 66.59 44.19 21.59
Bank Term Loan
0 0 0 0 0 0 0
Bank Sub-Debt/ OCSD
0 0 0 0 0 0 0
Loan(s)
Bearing Unsecured 0 0 0 0 0 0 0
Loans
Repayment of Applicant
0 125 250 250 250 250 250 1500
Bank Term Loan
Repayment of Applicant
0 0 0 0 0 0 0 0
Bank Sub-Debt/ OCSD
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 TOTAL
Repayment of Term
0 0 0 0 0 0 0 0
Loans from Other Banks
Repayment of Interest
Bearing Unsecured 0 0 0 0 0 0 0 0
Loans
TOTAL B 0 257.09 361.59 339.09 316.59 294.19 271.59 1967.49
DSCR NA 4.45 4.01 4.52 5.21 6.01 3.51 4.33
FY2030 TOTAL
Net Profit After Tax 0
Non-cash Charges 0
Interest on Applicant Bank Term Loan 2.35
Lease Rentals 0
TOTAL A 2.35 8522.2
Interest on Applicant Bank Term Loan 2.35
Repayment of Applicant Bank Term Loan 125 1500
Repayment of Applicant Bank Sub-Debt/ OCSD 0 0
Repayment of Term Loans from Other Banks 0 0
Repayment of Interest Bearing Unsecured Loans 0 0
Lease Rentals 0
TOTAL B 127.35 1967.49
DSCR 0.02 4.33
Average DSCR 4.33

Break even point
* Figures in Lakhs
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Production Capacity
1% 50% 55% 60% 65% 70% 75%
Utilisation
Total Income (incl.
356.1 16480.64 18534.63 20166.35 21846.97 23530.15 25213.43
increase in SIP & FG)
Variable Cost
Raw Material Consumed 261.61 13080.65 14388.72 15696.78 17004.85 18312.91 19620.98
Consumable Spares 0.31 15.3 16.83 18.36 19.89 21.42 22.95
Power, Fuel & Other
0.2 10.25 11.27 12.3 13.32 14.35 15.37
Utilities (Variable)
Factory Salaries & Wages
1.72 86.18 94.79 103.41 112.03 120.65 129.26
(Variable)
Other Manufacturing
1.22 61.2 67.32 73.44 79.56 85.68 91.8
Expenses
Other Variable Expenses 1.53 76.5 84.15 91.8 99.45 107.1 114.75
Selling, Packing &
Distribution Expenses 15.48 772.83 918.58 1002.73 1086.88 1171.03 1255.18
(Variable)
Interest on Bank
0 301.39 350.71 382.71 414.55 446.4 478.27
Borrowing
Total Variable Cost 282.07 14404.3 15932.37 17381.53 18830.53 20279.54 21728.56
Contribution 74.03 2076.34 2602.26 2784.82 3016.44 3250.61 3484.87
Fixed Cost
Power, Fuel & Other
2.28 2.28 2.28 2.28 2.28 2.28 2.28
Utilities (Fixed)
Factory Salaries & Wages
19.15 19.15 19.15 19.15 19.15 19.15 19.15
(Fixed)
Repairs & Maintenance 20.58 22.64 24.9 27.39 30.13 33.14 36.45
Selling, Packing &
Distribution Expenses 0 0 0 0 0 0 0
(Fixed)
Depreciation 283.64 243.61 209.33 179.96 154.8 133.22 114.72
Administrative & Misc.
9.29 463.7 551.15 601.64 652.13 702.62 753.11
Expenses
Interest on APPLICANT
0 132.09 111.59 89.09 66.59 44.19 21.59
BANK Term Loans
Interest on APPLICANT
0 0 0 0 0 0 0
BANK Sub-Debt/ OCSD
0 0 0 0 0 0 0
Loan(s)
0 0 0 0 0 0 0
Bearing Unsecured Loans
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Total Fixed Cost 334.94 883.47 918.4 919.51 925.08 934.6 947.3
Break Even Point (% of
4.52% 21.27% 19.41% 19.81% 19.93% 20.13% 20.39%
Installed Capacity)
Cash Break Even Point (%
0.69% 15.41% 14.99% 15.93% 16.6% 17.26% 17.92%
of Installed Capacity)
FY2030
Total Income (incl. increase in SIP & FG) 26896.68
Variable Cost
Raw Material Consumed 20929.04
Consumable Spares 24.48
Power, Fuel & Other Utilities (Variable) 16.39
Factory Salaries & Wages (Variable) 137.88
Other Manufacturing Expenses 97.92
Other Variable Expenses 122.4
Selling, Packing & Distribution Expenses (Variable) 1339.33
Interest on Bank Borrowing 510.16
Total Variable Cost 23177.6
Contribution 3719.08
Fixed Cost
Power, Fuel & Other Utilities (Fixed) 2.28
Factory Salaries & Wages (Fixed) 19.15
Repairs & Maintenance 40.1
Selling, Packing & Distribution Expenses (Fixed) 0
Depreciation 98.85
Administrative & Misc. Expenses 803.6
Interest on APPLICANT BANK Term Loans 2.35
Interest on APPLICANT BANK Sub-Debt/ OCSD 0
Lease Rentals 0
Total Fixed Cost 966.33
Break Even Point (% of Installed Capacity) 20.79%
Cash Break Even Point (% of Installed Capacity) 18.66%
Optimum year 2030

BEP in the Optimum Year (%) 20.79%
Cash BEP in the Optimum Year (%) 18.66%
Calculation of internal rate of return npv
* Figures in Lakhs
IRR BEFORE TAX FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Outflows
Existing Assets 1808.27
Capital Expenditure 1415 0 0 0 0 0 0
Increase In Wc Gap -190.82 4350.6 730.67 474.08 471.69 471.87 472.14
Total Outflows 2113.5 1224.18 4350.6 730.67 474.08 471.69 471.87 472.14
Inflows
Profit Before Tax -260.91 1192.87 1683.86 1865.31 2091.36 2316.01 2537.57
Depreciation/Write
283.64 243.61 209.33 179.96 154.8 133.22 114.72
Offs
Interest 0 433.48 462.3 471.8 481.14 490.59 499.86
Salvage Value
Total Inflows 22.73 1869.96 2355.49 2517.07 2727.3 2939.82 3152.15
- -
Net Flows -2113.5 1624.82 2042.99 2255.61 2467.95 2680.01
1201.45 2480.64
IRR BEFORE TAX FY2030

Outflows
Existing Assets
Working Capital Gap
Capital Expenditure 0
Increase In Wc Gap 472.41
Total Outflows 472.41
Inflows
Profit Before Tax 2752.75
Depreciation/Write Offs 98.85
Interest 512.51
Lease Rentals 0
Salvage Value
Total Inflows 3364.11
Net Flows 2891.7
IRR BEFORE TAX 21.38%

NPV (before tax) 3253.17
Discount Rate taken 9%
IRR AFTER TAX FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Outflows
Existing Assets 1808.27
Capital Expenditure 1415 0 0 0 0 0 0
Increase In Wc Gap -190.82 4350.6 730.67 474.08 471.69 471.87 472.14
Total Outflows 2113.5 1224.18 4350.6 730.67 474.08 471.69 471.87 472.14
Inflows
Profit After Tax -260.91 767.08 1129.03 1263.52 1428.1 1590.75 1750.43
Depreciation/Write
283.64 243.61 209.33 179.96 154.8 133.22 114.72
Offs
Interest 0 433.48 462.3 471.8 481.14 490.59 499.86
Salvage Value
Total Inflows 22.73 1444.17 1800.66 1915.28 2064.04 2214.56 2365.01
- -
Net Flows -2113.5 1069.99 1441.2 1592.35 1742.69 1892.87
1201.45 2906.43
IRR AFTER TAX FY2030

Outflows
Existing Assets
Working Capital Gap
Capital Expenditure 0
Increase In Wc Gap 472.41
Total Outflows 472.41
Inflows
Profit After Tax 1904.95
Depreciation/Write Offs 98.85
Interest 512.51
Lease Rentals 0
Salvage Value
Total Inflows 2516.31
Net Flows 2043.9
IRR AFTER TAX 20%

NPV (after tax) 320.44
Discount Rate taken 9%
Calculation of cost of capital optimum year
* Figures in Lakhs
Cost
Cost Total
of
of Tax Cost
Amount Funds
Funds Rate (Post
(Post-
(%) Tax)
Tax)
Equity Share Capital 0 15% 1 15% 0
Share Premium 0 15% 1 15% 0
Preference Share Capital 0 15% 1 15% 0
Applicant Bank Equity Contribution 0 15% 1 15% 0
Internal Accruals 1110 15% 1 15% 166.5
Interest free Unsecured Loans 300 15% 1 15% 45
Subsidy 0 15% 1 15% 0
Quasi-Equity Others (Pl Specify) 0 15% 1 15% 0
Applicant Bank Term Loan 1500 9% 0.68 6.12% 91.8
Applicant Bank Undisbursed Term Loan 1 0 0% 0.68 0% 0
Applicant Bank Term Loan- Taken over from Other Bank 0 0% 0.68 0% 0
Applicant Bank WCTL 0 0% 0.68 0% 0
Applicant Bank Sub-Debt/ OCSD 0 0% 0.68 0% 0
Term Loan from Other Banks 0 0% 0.68 0% 0
Term Loan from Other Banks- Undisbursed 1 0 0% 0.68 0% 0
Interest Bearing Unsecured Loans 0 0% 0.68 0% 0
Internal Accruals (Optimum Year) 773.22 15% 1 15% 115.98
Bank Borrowing for WC (Optimum Year) 5668.4 9% 0.68 6.12% 346.91
Total 9351.62 766.19
Cost of Capital 8.19%
Effective Tax Rate 31.59%
Calculation of return on capital employed
* Figures in Lakhs
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Production Capacity Utilisation 1% 50% 55% 60% 65% 70% 75%
RETURN
Operating Profit -260.91 1192.87 1683.86 1865.31 2091.36 2316.01 2537.57
Non-Operational Income 0 0 0 0 0 0 0
Interest 0 433.48 462.3 471.8 481.14 490.59 499.86
TOTAL -260.91 1626.35 2146.16 2337.11 2572.5 2806.6 3037.43
Net Fixed Assets 2939.63 2696.02 2486.69 2306.73 2151.93 2018.71 1903.99
Non Current Assets 0 0 0 0 0 0 0
Current Assets less Creditors 114.41 4465.01 5195.68 5669.76 6141.45 6613.32 7085.46
TOTAL B 3054.04 7161.03 7682.37 7976.49 8293.38 8632.03 8989.45
ROCE -8.54% 22.71% 27.94% 29.3% 31.02% 32.51% 33.79%
FY2030
RETURN
Non-Operational Income 0
Interest 512.51
Lease Rentals 0
TOTAL 3265.26
Net Fixed Assets 1805.14
Non Current Assets 0
Current Assets less Creditors 7557.87
TOTAL B 9363.01
ROCE 34.87%
ROCE in the Optimum Year 34.87%

Margin on security financial parameters
* Figures in Lakhs
Value of Primary Security
Land 1165
Site Development 0
Buildings 500
Plant & Machinery 0
Misc. Fixed Assets 0
Pre-operative Expenses (excl. Deposits with
0
Electricity Board)
Provision for Contingencies 0
Hypothecation of
Less: 50% Value of Moulds, if any 0 Mortgage
P&M
Value of Primary Security- Proposed Term Loan 1665 0 1665
Value of Primary Security by takeover of loan 0 0 0
Total Value of Primary Security- Proposed Term
1665 0 1665
Loan
Applicant Bank Term Loan Proposed 1500
Applicant Bank Sub-Debt/ OCSD 0
Applicant Bank Undisbursed Term Loan 0
Applicant Bank Term Loan- Takenover from
0
Other Bank
Applicant Bank Term Loan- Total 1500
Term Loan from Other Banks 0
Proportionate value of Primary Security for
1665 0 1665
Applicant Bank
Margin on Primary Security for Applicant Bank
9.91%
Term Loan
Applicant Bank WCTL Proposed 0
Working Capital Limit recommended, if any 0
Exposure to applicant unit (Applicant Bank Term Hypo. of Stocks
1500
Loan, Sub-Debt, WCTL & WC) & BD
Value of Stocks/ Book Debts (Primary Security
0 0
for WC/ WCTL)
Margin on Primary Security for Applicant Bank
9.91%
Term Loan and WC/WCTL together
BG/ LC Limit recommended, if any 0
Existing Exposure to the unit 0
Exposure to Associate Concerns, if charge
0
extended
Total Exposure 1500
Hypo. of
Collateral Securities Hypothecation Mortgage Stocks & FDR
BD
(a) Value of Movable Fixed
0 0
Assets of the Unit
(b) Value of Immovable
0 0
Properties of the Unit
(c) Value of Collateral
Securities- Immovable 0 0
Properties
(d) Value of FDRs 0 0
(e) Value of Movable Fixed
0 0
Assets of Associates
(f) Value of Immovable
0 0
Properties of Associates
Total Value of Collateral
0 0 0 0
Securities
Value of Overall Security 1665 0 1665 0 0
Margin on Overall Security 9.91%
Overall Asset Coverage 1.11
Net Value of Securities after hair cut
Hypo. of Stocks Net Asset
Hypothecation of P&M Mortgage FDR Total
& BD Coverage
0 1165.5 0 0 1165.5 0.78
Financial Parameters
Promoters' Contribution (%) 48.45%
Promoters' Contribution by Equity (%) 0%
Debt-Equity Ratio (DER) for the project 1.06
Debt-Equity Ratio (DER) - Company as a whole 1.49
Debt-Equity Ratio (DER) - Company as a whole 1.49
Maximum DSCR 6.01 Year 2030
Minimum DSCR 0 Year 2023
Avg. DSCR 4.33
BEP 20.79% Optimum Year 2030
Cash BEP 18.66% Optimum Year 2030
ROCE % 34.87% Optimum Year 2030
Cost of capital 8.19%
IRR (Before Tax) 21.38%
IRR (After Tax) 20%
NPV (before tax) 3253.17
NPV (after tax) 320.44
Capital Cost 1665
No. of Employees 80
Financial Parameters
Capital Cost per Employee 20.81
FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029
Production Capacity
1% 50% 55% 60% 65% 70% 75%
Utilisation
Total Income 309.67 15456.67 18371.63 20054.63 21737.63 23420.63 25103.63
Gross Sales 309.67 15456.67 18371.63 20054.63 21737.63 23420.63 25103.63
Net Sales 309.67 15456.67 18371.63 20054.63 21737.63 23420.63 25103.63
Gross Profit 22.73 1869.96 2355.49 2517.07 2727.3 2939.82 3152.15
Operating Profit -260.91 1192.87 1683.86 1865.31 2091.36 2316.01 2537.57
Interest 0 433.48 462.3 471.8 481.14 490.59 499.86
Depreciation 283.64 243.61 209.33 179.96 154.8 133.22 114.72
Profit after Tax (PAT) -260.91 767.08 1129.03 1263.52 1428.1 1590.75 1750.43
Gross Cash Accruals 22.73 1010.69 1338.36 1443.48 1582.9 1723.97 1865.15
Net Worth 912.73 1581.36 2562.72 3530.9 4565.21 5712.94 7020.35
FY2030
Total Income 26786.63
Gross Sales 26786.63
Net Sales 26786.63
Gross Profit 3364.11
Interest 512.51
Depreciation 98.85
Profit after Tax (PAT) 1904.95
Gross Cash Accruals 2003.8
Net Worth 8433.06
Sensitivity analysis
Cost of
Percentage DSCR BEP Cash BEP ROCE
Capital
Base Case 4.33 20.79% 18.66% 34.87% 8.19%
IRR (before tax) IRR (post tax) NPV (before tax) NPV (post tax)
Base Case 21.38% 20% 3253.17 320.44
Past balance sheet

* Figures in Lakhs
AS ON AS ON AS ON AS ON
S.No.
31/03/2020 31/03/2021 31/03/2022 31/03/2023
Fixed And Non Current Assets AUDITED AUDITED AUDITED AUDITED
1 WDV of Fixed Assets at beginning of year
(a) Land 250 250 250 0
(b) Buildings 0 0 0 0
(c) Plant & Machinery 1160.9 950.15 1556.36 0
(d) Others 2.04 2.28 1.91 0
Sub-Total 1412.94 1202.43 1808.27 0
2 Less: Depreciation for the year 0 0 0 0
3 Less: Revaluation Reserves 0 0 0 0
4 Net Fixed Assets 1412.94 1202.43 1808.27 0
Capital Work-in-Progress (Incl.
5 0 0 0 0
adv. for capex)
6 Non Current Assets
(a) Sundry debtors over 6
0 0 0 0
months
(b) Investment/ Advances to
0 0 0 0
Group Cos./ Subsidiaries
(c) Other Investments 0 0 0 0
(d) Deferred Tax Assets 0 0 0 0
(e) Security Deposits 0 0 0 0
(f) Others 0 0 0 0
Sub-total 0 0 0 0
Total Fixed and Non-Current
7 1412.94 1202.43 1808.27 0
Assets
Non Current Assets
8 Inventory
a) Raw Materials 0 0 0 0
b) Stock-in-Process (SIP) 0 0 0 0
c) Finished goods 0 0 0 0
d) Consumable Stores & Spares 0 0 0 0
S.No.
31/03/2020 31/03/2021 31/03/2022 31/03/2023
Total Inventory 0 0 0 0
Sundry Debtors less than 6
9 279.26 272.48 252.44 0
months
Advances to Suppliers of RM
10 0 0 0 0
and Stores/ Spares
11 Investments 0 0 0 0
12 Cash & Bank Balances 1.66 1.12 1.91 0
13 Loans and Other Advances 114.8 117.75 119.74 0
14 Other Current Assets 0 0 0 0
15 Total Current Assets 395.72 391.35 374.09 0
Current Liabilities
16 Sundry Creditors 16.68 14.45 28.91 0
Bank Borrowings for Working
17 0 0 0 0
Capital
Installments (Payable in one
18
year)
(a) Applicant Bank Term
0 0 0 0
Loan(s)
(b) Other Term Loan(s) 0 0 0 0
(c) Deferred Payment Credits 0 0 0 0
(d) Interest Bearing Unsecured
0 0 0 0
Loans
(e) Interest Free Unsecured
0 0 0 0
Loans
Sub Total 0 0 0 0
19 Advances 0 0 0 0
20 Provisions 0 0 0 0
21 Other Current Liabilities 1.31 38.41 39.95 0
22 Total Current Liabilities 17.99 52.86 68.86 0
Net Working Capital (Surplus
23 377.73 338.49 305.23 0
of CA over CL)
24 Net Tangible Assets 1790.67 1540.92 2113.5 0
Long Term Liabilities
25 Applicant Bank Term Loan(s) 0 0 0 0
26 Other Term Loan(s) 0 0 0 0
27. Deferred Payment Credits 0 0 0 0
Interest Bearing Unsecured
28 835.32 835.32 835.32 0
Loans
29 Interest Free Unsecured Loans 0 0 0 0
30 Other Long Term Liability 0 0 0 0
31 Deferred Tax Liabilities 53.51 55.94 6.09 0
32 Total Long Term Liabilities 888.83 891.26 841.41 0
S.No.
31/03/2020 31/03/2021 31/03/2022 31/03/2023
33 Net Worth 901.84 649.66 1272.09 0
Net Worth represented by
34 Equity Share Capital 492.24 492.24 492.24 0
35 Equity Share Capital-Others 0 0 0 0
36 Preference Share Capital 0 0 0 0
37 Reserves & Surplus 409.6 157.42 779.85 0
38 Subsidies 0 0 0 0
Profit & Loss Account (only
39 0 0 0 0
credit balance)
Less: Intangibles/ Misc. /
40 Prelim. / Def.Rev.Exp. not 0 0 0 0
written off
41 Less: Accumulated Losses 0 0 0 0
42 Net Worth 901.84 649.66 1272.09 0
Contingent Liabilities (Rs.
43 0 0 0 0
lakh)
Repayment of loan during the
44 0 0 0 0
year (Rs. lakh)
Past profit loss account
* Figures in Lakhs
Period ended
For the year ended on
on
S.No. 31/03/2020 31/03/2021 31/03/2022 31/03/2023
1 Sales/ Total Income 0 0 0 0
2 Capacity Utilisation (%) 0 0 0 0
3 No of Months 0 0 0 0
4 Gross Sales
5 Domestic Sales 1026 0.51 9.97 0
6 Export Sales 0 0 0 0
7 Gross Sales 1026 0.51 9.97 0
8 Less : GST 0 0 0 0
9 Net Sales 1026 0.51 9.97 0
10 % age rise or fall in net sales -99.95 1854.9 -100
11 Income from Job Work 0.34 0 950.19 0
12 Other Operational Income 0 0 0 0
13 Total Income 1026.34 0.51 960.16 0
14 Cost Of Production/ Sales
15 Raw Material Consumed 0 0 0 0
16 Consumable Stores & Spares 0 0 0 0
17 Power, Fuel & Other Utilities 0 0 0 0
18 Factory Salaries & Wages 23.6 25.72 11.19 0
19 Repairs & Maintenance 0 0 0 0
20 Other Manufacturing Expenses 50.69 12.21 10.12 0
21 Other Variable Expenses 0 0 0 0
22 Depreciation 257.04 210.51 344.31 0
23 Sub-total 331.33 248.44 365.62 0
24 Add: Opening Stock in Process 0 1.81 21.96 0
25 Less: Closing Stock in Process 0 0 0 0
26 Cost of Production 331.33 250.25 387.58 0
Add: Opening Stock of
27 0 0 0 0
Finished Goods
Less: Closing Stock of Finished
28 0 0 0 0
Goods
29 Cost of Sales 331.33 250.25 387.58 0
Selling, Packing & Distribution
30 0 0 0 0
Expenses
31 0 0 0 0
Expenses
32 Sub-total 331.33 250.25 387.58 0
Profit before Interest, Lease
33 695.01 -249.74 572.58 0
Rentals (PBIT)
Period ended
For the year ended on
on
S.No. 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Interest on Applicant Bank
34 0 0 0 0
Term Loan(s)
35 Interest on Other Term Loan(s) 0 0 0 0
Interest on Interest Bearing
36 0 0 0 0
Unsecured Loans
37 Interest on Bank Borrowing 0 0 0 0
38 Lease Rentals 0 0 0 0
39 Operating Profit 695.01 -249.74 572.58 0
Misc. exp. / def. rev. exp. /
40 0 0 0 0
prelim. exp. Written off
Non-operational Income/
41 0 0 0 0
Expenses
42 Profit before Tax (PBT) 695.01 -249.74 572.58 0
43 Provision for Taxation 0.51 2.43 -49.84 0
44 Profit after Tax (PAT) 694.5 -252.17 622.42 0
45 Dividend 0 0 0 0
46 Retained Earnings 694.5 -252.17 622.42 0
47 Gross Cash Accruals 951.54 -41.66 966.73 0
48 Net Cash Accruals 951.54 -41.66 966.73 0
49 Net Forex Inflows (Rs. lakh) 0 0 0 0
Annual Purchase of RM &
50 0 0 0
Consum. Stores & Spares
Ratio analysis past
Period Weighted
S.No. For the year ended on
ended on Average
31/03/2020 31/03/2021 31/03/2022 31/03/2023
1 Leverage AUDITED AUDITED AUDITED AUDITED
2 Debt Equity Ratio 0.93 1.29 0.66 NA
Debt Equity Ratio
3 (Considering Interest Free 0.93 1.29 0.66 NA
Total Outside
4 Liabilities/Tangible Net 1.01 1.45 0.72 NA
Worth
5 Liquidity
Current Ratio (not
6 considering instalments of 22 7.4 5.43 NA
T/L as CL)
Current Ratio (considering
7 22 7.4 5.43 NA
instalments of T/L as CL)
8 Quick Ratio 22 7.4 5.43 NA
9 Activity / Efficiency
10 Creditor Days NA NA NA NA NA
11 Debtor Days 0 0 0 NA 0
Raw Material Holding
12 NA NA NA NA NA
(days)
Consumable Stores &
13 NA NA NA NA NA
Spares Holding (days)
Stock-in-process Holding
14 0 0 0 NA 0
(days)
Finished Goods Holding
15 0 0 0 NA 0
(days)
16 Turnover of Assets (times) INF INF INF NA
17 Turnover of WC (times) INF INF INF NA
Inventory and Receivables
18 0 00
to Total Income (days)
19 Profitability
20 Gross Profit / Net Sales (%) 92.76 -7692.16 95.49 NA
Operating Profit / Net Sales
21 67.72 -48968.63 59.63 NA
(%)
22 PAT / Net Sales (%) 67.67 -49445.1 64.82 NA
23 PBDIT/ Total Income (%) 92.76 -7692.16 95.49 NA
Operating Profit/ Total
24 67.72 -48968.63 59.63 NA
Income (%)
25 Net Profit/ Total Income (%) 67.67 -49445.1 64.82 NA -16438.01
Period Weighted
ended on Average
31/03/2020 31/03/2021 31/03/2022 31/03/2023
Cash Profit/ Total Income
26 92.71 -8168.63 100.68 NA
(%)
27 Cash Profits/Total LT Debt 1.14 -0.05 1.16
28 Control Ratios
Cost of raw material to cost
29 0 0 0 NA 0
of production (%)
Cost of Consumable Stores
30 & Spares to cost of 0 0 0 NA 0
production (%)
Power, Fuel & Other
31 Utilities to cost of 0 0 0 NA 0
production (%)
Factory Salaries & Wages to
32 7.12 10.28 2.89 NA 6.06
cost of production (%)
Repairs & Maintenance to
33 0 0 0 NA 0
Other Manufacturing
34 Expenses to cost of 15.3 4.88 2.61 NA 5.48
production (%)
Other Variable Expenses to
35 0 0 0 NA 0
Cost of raw material to net
36 0 0 0 NA 0
sales (%)
Cost of Consumable Stores
37 0 0 0 NA 0
& Spares to net sales (%)
Power, Fuel & Other
38 0 0 0 NA 0
Utilities to net sales (%)
Factory Salaries & Wages to
39 2.3 5043.14 1.17 NA 1682.01
net sales (%)
Repairs & Maintenance to
40 0 0 0 NA 0
net sales (%)
Other Manufacturing
41 4.94 2394.12 1.05 NA 799.39
Expenses to net sales (%)
Other Variable Expenses to
42 0 0 0 NA 0
net sales (%)
Cost of Production/ Net
43 32.28 49068.63 40.37 NA 16381.77
Sales (%)
44 Cost of Sales/ Net Sales (%) 32.28 49068.63 40.37 NA 16381.77
Selling Expenses to net sales
45 0 0 0 NA 0
(%)
46 0 0 0 NA 0
Expenses to net sales (%)
Period Weighted
ended on Average
31/03/2020 31/03/2021 31/03/2022 31/03/2023
Interest Expenses to total
47 0 0 0 NA 0
income (%)
48 Growth
49 Ploughback % 100 100 100 NA
50 Net Sales Growth (%) -99.95 188166.67
51 Net Profit Growth (%) -136.31 -346.83
Tangible Net Worth Growth
52 -27.96 95.81
(%)
53 Coverage
54 Interest Coverage (times) NA NA NA NA
Fixed Assets Coverage
55 NA NA NA NA
(times)
56 Return
57 Roce (%) INF -INF INF NA NAN
58 Ronw (%) INF -INF INF NA
59 Cash Generation, Resilience
Gross Cash Accruals (Rs.
60 951.54 -41.66 966.73 NA
lakh)
Net Cash Accruals (Rs.
61 951.54 -41.66 966.73 NA
lakh)
Resilience (No. of days exp.
which can be paid for out of
62 cash balance and debts NAN NAN NAN
receivables within one
month)
63 Others
Net Working Capital (Rs.
64 377.73 338.49 305.23 NA
lakh)
Contingent Liabilities (Rs.
65 0 0 0 0
lakh)
66 Net Forex Inflows (Rs. lakh) 0 0 0 0
Cash flow statement
FY2021 FY2022
Sources Of Funds AUDITED AUDITED
PBT with interest & lease rental added back -249.74 572.58
Depreciation 210.51 344.31
Increase in Equity Share Capital 0 0
Increase in Preference Share Capital 0 0
Increase in Equity Share Capital- Applicant Bank /
0 0
Others
Increase in Interest free Unsecured loan 0 0
Increase in Subsidy 0 0
Increase in Applicant Bank Term Loan(s) 0 0
Increase in Other Term Loan(s) 0 0
Increase in Deferred Payment Credits 0 0
Increase in Interest Bearing Unsecured Loans 0 0
Increase in Other Long Term Liabilities 2.43 -49.85
Increase in Bank Borrowings for WC 0 0
Increase in Sundry Creditors -2.23 14.46
Increase in Other Current Liabilities 37.1 1.54
Misc. / Prelim. / Def. rev. exp. written off 0 0
Total -1.93 883.04
Disposition Of Funds
Increase in Capital expenditure -210.51 605.84
Increase in Non Current Assets 0 0
Increase in Misc. / Prelim. / Def. rev. expenses 0 0
Increase in Inventory 0 0
Increase in Sundry Debtors -6.78 -20.04
Increase in Other Current Assets 2.95 1.99
Decrease in Applicant Bank Term Loan(s) 0 0
Decrease in Other Term Loan(s) 0 0
Decrease in Deferred Payment Credits 0 0
Decrease in Interest Bearing Unsecured Loans 0 0
Interest on Applicant Bank Term Loan(s) 0 0
Interest on Other Term Loan(s) 0 0
Interest on Interest Bearing Unsecured Loans 0 0
Interest on Working Capital Limit 0 0
Lease Rentals 0 0
Taxation 2.43 -49.84
Dividend 0 0
Total -211.91 537.95
Opening Cash & Bank Balance 1.66 1.12
Net Surplus/ Deficit 209.98 345.09
FY2021 FY2022
Closing Cash & Bank Balance 211.64 346.21
Summary of financial statements - past

Period Percentage Inc/ Dec over
ended on previous year
31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2021 31/03/2022
AUDITED AUDITED AUDITED AUDITED
Net Block
1 1412.94 1202.43 1808.27 0 -14.9% 50.38%
(Incl. CWIP)
Equity Share
2 492.24 492.24 492.24 0 0% 0%
Capital
3 Networth 901.84 649.66 1272.09 0 -27.96% 95.81%
Long Term
Loans (Other
4 835.32 835.32 835.32 0 0% 0%
than Intt. free
UL)
Interest Free
5 Unsecured 0 0 0 0 0% 0%
Loans
Working
6 Capital 0 0 0 0 0% 0%
Borrowings
Current
7 395.72 391.35 374.09 0 -1.1% -4.41%
Assets
Current
8 17.99 52.86 68.86 0 193.83% 30.27%
Liabilities
Net Working
9 377.73 338.49 305.23 0 -10.39% -9.83%
Capital
10 Total Income 1026.34 0.51 960.16 0 -99.95% 188166.67%
11 Net Sales 1026 0.51 9.97 0 -99.95% 1854.9%
12 Gross Profit 952.05 -39.23 916.89 0 -104.12% -2437.22%
Operating
13 695.01 -249.74 572.58 0 -135.93% -329.27%
Profit
14 Interest 0 0 0 0 0% 0%
15 Depreciation 257.04 210.51 344.31 0 -18.1% 63.56%
Profit after
16 694.5 -252.17 622.42 0 -136.31% -346.83%
Tax (PAT)
Gross Cash
17 951.54 -41.66 966.73 0
Accruals
Debt Equity
18 0.93 1.29 0.66 0
Ratio
19 Current Ratio 22 7.4 5.43 0
20 Quick Ratio 22 7.4 5.43 0
Period Percentage Inc/ Dec over
ended on previous year
31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2021 31/03/2022
GP Margin
21 92.76 -7692.16 95.49 0
(%)
NP Margin
22 67.67 -49445.1 64.82 0
(%)
23 Roce (%) INF -INF INF 0
24 Ronw (%) INF -INF INF 0
Cagr in net
sales during
25 -90.14%
the last 2
years
Cagr in net
profit during
26 -5.33%
the last 2
years
Prepared by Financeseva.com

NPPL Project Report 50Cr 2022

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

NPPL Project Report 50Cr 2022

Uploaded by

Copyright:

Available Formats

Project Report

Particulars of the Enterprise

Name of the Navratan Pipe and Profile Pvt. Ltd.

3rd Floor, 10 Community Center, Mayapuri Industrial Area, New Delhi

B40-41, RIICO Industrial Area. Karoli, Bhiwadi, Distt. Alwar,

Project Loan applied for

Working Capital Limit of Rs Rs. 33crore 48 lakhs

Project Proponent (1)

Father's/ Husband's name S/o Late Madan Lal Bhardwaj

Age (Years) 58 years

Educational Qualification B.com

Flat no. 8B Tower 15, Central Park Resort, Sec

Permanent Account Number DLMPB2413Q

Mr. Suresh Bhardwaj has been in the steel

Project Proponent (2)

Father's name Mr. Prem Singh

Age (Years) 62 years

Educational Qualification Graduate

House no. 6, Talkatora Road, near Gurudwara

Permanent Account Number BJAPS3839R

Mr. Paramjeet holds a graduate degree. He is

Project Proponent (3)

Father's/ Husband's name Mr. Pyare Lal

Age (Years) 42 years

Educational Qualification Graduate

Residential Address Salarpur, Alwar, Rajasthan

Permanent Account Number ATGPN7705C

Mr. Ram Naresh has experience in

Brief Description of the Project

Pre-Engineered Building System

Monopole Transmission Tower

Angel Transmission Tower

Standard and Specification of the Product

General Location of the Site

B40-41, RIICO Industrial Area. Karoli, Bhiwadi, Distt. Alwar, Rajasthan

Google Earth Image of the Project Site

Co-ordinates of The Project Site

Pre-Engineered Building (PEB) System

Crash barrier market opportunity

Opportunity of Pre-Engineered Building System:

Transmission Tower Market Opportunity

Quality Check Manager 1

Basis of install capacity

Weighted average capacity

Production capacity utilisation

Sales at overall installed capacity

Raw material cost at overall installed capacity

Power and fuel expenses at overall installed capacity

(a) Power Cost Calculations

Existing Power Load 10

(b) Fuel Cost for Steam Boiler

Diesel reqd. per hour (ltrs.) 4

Percentage fringe benefits

Other manufacturing expense

Other variable expense

Upfront fee term loan

Amount of Term Loan (Rs. Lakh) 1500

Interest during construction period

Amount of Term Loan (Rs. Lakh) 1500

Projections of performance & profitability

Interest on Existing & Proposed Loans

Cost Of Production/ Sales FY2030

FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030

Details of wc incremental margin money for wc mf for wctl