PROJECT REPORT

OF

M/s Optical Manufacturing & Service

Proprietor: Varsha Soni

Ward no. 43, Near Chirahula mandir, Gurh road, Huzur

Rewa, (M.P.) - 486001

PREPARED BY

MANEESH TIWARI & ASSOCIATES

(CHARTERED ACCOUNTANT)

CA MANEESH TIWARI
(Proprietor)

1st Floor Devkunj Complex In Front of Rajpoot

Gun Service Dhekaha, Rewa (M.P.)

Phone Number - 9424516898, 8109717149

Email: camaneesh.tiwari@gmail.com
 PROJECT AT A GLANCE
M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001

Name of the Applicant : Optical Manufacturing & Service

Constitution : Proprietor

Nature of Business : Otpical Manufacturing and Service

Office Address : Ward no. 43, Near Chirahula mandir, Gurh road,
Huzur, Rewa, Madhya Pradesh-486001

Period of Project : 7 Years i.e. 84 Months

Moratorium Period 02 Month

Project Parameters Cost of projects

Fixed Assets 500000.00

Working Capital (Cost of Material etc.) 500000.00
Total Cost of Project 1000000.00

Means of Finance
Own Contribution 100000.00
Tem Loan 900000.00
CC Loan 0.00
1000000.00

ROI : 11.45 % assumed

EMI (Monthly) 15,873.35

Average DSCR 1.91

Employment Potential 3
 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001
TRADING ACCOUNT

Projected
Particular 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
12 Month 12 Month 12 Month 12 Month 12 Month 12 Month 12 Month
Estimated Projected Projected Projected Projected Projected Projected
Sales 25,59,310 28,66,427 32,10,398 35,95,646 40,27,124 45,10,379 50,51,624

Closing Stock 3,05,838 3,42,538 3,83,643 4,29,680 4,81,241 5,38,990 6,03,669

Sub total 28,65,148 32,08,965 35,94,041 40,25,326 45,08,365 50,49,369 56,55,293

Opening Stock - 3,05,838 3,42,538 3,83,643 4,29,680 4,81,241 5,38,990

Purchases 17,92,797 17,04,961 19,09,556 21,38,703 23,95,348 26,82,789 30,04,724
Direct Consumable Expenses 3,51,905 3,91,267 4,38,219 4,90,806 5,49,702 6,15,667 6,89,547
(Taxes & Other Expenses)

Sub Total 21,44,702 24,02,066 26,90,314 30,13,152 33,74,730 37,79,697 42,33,261

Gross Profit 7,20,446 8,06,899 9,03,727 10,12,174 11,33,635 12,69,672 14,22,032

TOTAL 28,65,148 32,08,965 35,94,041 40,25,326 45,08,365 50,49,369 56,55,293

 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001
Income & Expenditure Account
Projected
Particulars 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
12 Month 12 Month 12 Month 12 Month 12 Month 12 Month 12 Month
Estimated Projected Projected Projected Projected Projected Projected
INCOME
Gross Receipts 7,20,446 8,06,899 9,03,727 10,12,174 11,33,635 12,69,672 14,22,032
Other Income (Subsidy) SCH-A

Sub total 7,20,446 8,06,899 9,03,727 10,12,174 11,33,635 12,69,672 14,22,032

EXPENDITURE

To Electrcity Charges 35,065 38,572 42,429 46,672 51,339 56,473 62,120

To Telephone Expenses 11,540 12,694 13,963 15,360 16,896 18,585 20,444
To Salary Expenses 1,92,145 2,11,360 2,32,495 2,55,745 3,31,319 3,64,451 4,00,897
To Interest on Term loan 99,841 89,131 76,898 63,188 47,823 30,604 11,306
To Interest on CC - - - - - - -
To Depreciation Expenses 75,000 63,750 54,188 46,059 39,150 33,278 28,286
To OtherAdmistrative Expenses 21,865 24,052 26,457 29,102 32,013 35,214 38,735

Sub Total 4,35,456 4,39,557 4,46,430 4,56,125 5,18,539 5,38,605 5,61,787

Net Profit before Tax 2,84,990 3,67,342 4,57,297 5,56,049 6,15,096 7,31,067 8,60,245

Income Tax - - 3,959 23,710 35,519 58,713 84,549

-
Net profit after Tax 2,84,990 3,67,342 4,53,338 5,32,339 5,79,577 6,72,353 7,75,696

PBITD 3,59,990 4,31,092 5,11,485 6,02,108 6,54,246 7,64,345 8,88,531

 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001

Description of Assets/ Opening Addition Sale Total Rate of Dep. Closing

year WDV Dep. Amount WDV
First Year
MACHINERY
M/s Suchit Kumar Pandey 5,00,000 - 500000 15% 75000 425000

TOTAL - 5,00,000 - 5,00,000 - 75,000 4,25,000

Second Year
MACHINERY 4,25,000 - - 425000 15% 63750 361250

TOTAL 4,25,000 - - 4,25,000 63,750 3,61,250

Third Year
MACHINERY 3,61,250 - - 361250 15% 54188 307062

TOTAL 3,61,250 - - 3,61,250 54,188 3,07,062

Fourth Year
MACHINERY 3,07,062 - - 307062 15% 46059 261003

TOTAL 3,07,062 3,07,062 46,059 2,61,003

Fifth Year
MACHINERY 2,61,003 - - 261003 15% 39150 221853

TOTAL 2,61,003 - - 2,61,003 39,150 2,21,853

Sixth Year
MACHINERY 2,21,853 - - 221853 15% 33278 188575

TOTAL 2,21,853 - - - 33,278 1,88,575

Seventh Year
MACHINERY 1,88,575 - - 188575 15% 28286 160289

TOTAL 1,88,575 - - 1,88,575 28,286 1,60,289

 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001
BALANCE SHEET AS ON 31ST MARCH

Projected
Particulars
2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Estimated Projected Projected Projected Projected Projected Projected

Capital Account
Opening Balance 2,36,090 3,78,682 5,31,420 6,87,309 8,14,586 9,58,789
Capital Introduced 1,00,000
Add:- Subsidy -
Add:- Profit 2,84,990 3,67,342 4,53,338 5,32,339 5,79,577 6,72,353 7,75,696
Less:- Drawing 1,48,900 2,24,750 3,00,600 3,76,450 4,52,300 5,28,150 6,04,000
Balance Capital 2,36,090 3,78,682 5,31,420 6,87,309 8,14,586 9,58,789 11,30,485

Sundry Creditors & Provisions 1,49,600 1,98,136 2,11,695 2,30,349 2,70,052 2,94,294 3,20,449

Term Loan 8,23,932 7,22,583 6,09,000 4,81,708 3,39,051 1,79,174 -

Sub total 12,09,622 12,99,401 13,52,115 13,99,366 14,23,688 14,32,257 14,50,934

ASSETS 2023-24 2024-25 2025-26 2026-27 - 2028-29 2029-30

FIXED ASSETS 4,25,000 3,61,250 3,07,062 2,61,003 2,21,853 1,88,575 1,60,289

CUREENT ASSETS& LOANS

ADVANCES
Closing Stock 3,05,838 3,42,538 3,83,643 4,29,680 4,81,241 5,38,990 6,03,669
Other Current Assets 3,43,595 3,60,775 3,78,813 3,97,754 4,12,642 4,25,774 4,37,063
(loans & Advances/Others)
Sundry Debtors 1,84,114 2,02,525 2,22,778 2,45,056 2,69,561 2,69,017 2,68,267

Cash and Bank Balances (48,924) 32,313 59,819 65,873 38,391 9,901 (18,354)

Sub Total 12,09,622 12,99,401 13,52,115 13,99,366 14,23,688 14,32,257 14,50,934

 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001
PROJECTED RATIO AS ON 31ST MARCH

Particulars 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30

Total Assets
Fixed Assets 4,25,000 3,61,250 3,07,062 2,61,003 2,21,853 1,88,575 1,60,289
Closing Stock 3,05,838 3,42,538 3,83,643 4,29,680 4,81,241 5,38,990 6,03,669
Sundry Debtors 1,84,114 2,02,525 2,22,778 2,45,056 2,69,561 2,69,017 2,68,267
Other Current Assets 3,43,595 3,60,775 3,78,813 3,97,754 4,12,642 4,25,774 4,37,063
Cash & Bank Balances (48,924) 32,313 59,819 65,873 38,391 9,901 (18,354)
Total A 12,09,622 12,99,401 13,52,115 13,99,366 14,23,688 14,32,257 14,50,934
Intangible Assets

Current Liabilities
Applicant Bank Cash Credit - - - - - - -
Sundry Creditors 1,49,600 1,98,136 2,11,695 2,30,349 2,70,052 2,94,294 3,20,449
TL-Next Installment 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873
Less : Short Term Debt
SUBTOTAL Total B 2,83,473 3,32,009 3,45,568 3,64,221 4,03,924 4,28,167 4,54,322

Net Amount Total ( A-B) 9,26,149 9,67,392 10,06,547 10,35,144 10,19,764 10,04,091 9,96,612
Interest Expenses 99,841 89,131 76,898 63,188 47,823 30,604 11,306

ASSET COVERAGE RATIO 9.28 10.85 13.09 16.38 21.32 32.81 88.15

PBIT 3,84,831 4,56,473 5,30,236 - 6,27,400 7,02,957 7,87,002

Interest Expenses 99,841 89,131 76,898 63,188 47,823 30,604 11,306

INTEREST COVERAGE RATIO Total 3.85 5.12 6.90 - 13.12 22.97 69.61

Debt 8,23,932 7,22,583 6,09,000 4,81,708 3,39,051 1,79,174 -

Capitals 2,36,090 3,78,682 5,31,420 6,87,309 8,14,586 9,58,789 11,30,485

DEBT EQUITY RATIO 3.49 1.91 1.15 0.70 0.42 0.19 -

 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001
PROJECTED RATIO AS ON 31ST MARCH

Particulars 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30

Paid up Capital 2,36,090 3,78,682 5,31,420 6,87,309 8,14,586 9,58,789 11,30,485

Reserve And Surplus 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Intangible Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tamgible Net Worth 2,36,090 3,78,682 5,31,420 6,87,309 8,14,586 9,58,789 11,30,485
Long Term Liabilities 8,23,932 7,22,583 6,09,000 4,81,708 3,39,051 1,79,174 -
Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00
i.e. quasi Equity
Capital Employed 10,60,022 11,01,265 11,40,420 11,69,017 11,53,637 11,37,964 11,30,485
Term Loan 8,23,932 7,22,583 6,09,000 4,81,708 3,39,051 1,79,174 -
Net Block 4,25,000 3,61,250 3,07,062 2,61,003 2,21,853 1,88,575 1,60,289
Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Non Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current Assets 7,84,622 9,38,151 10,45,053 11,38,363 12,01,835 12,43,682 12,90,645
Current Liabilities 2,83,473 3,32,009 3,45,568 3,64,221 4,03,924 4,28,167 4,54,322
Net Working Capital 5,01,149 6,06,142 6,99,485 7,74,141 7,97,911 8,15,516 8,36,323
Current Ratio 2.77 2.83 3.02 3.13 2.98 2.90 2.84
DER (TL/TNW) 3.49 1.91 1.15 0.70 0.42 0.19 0.00
TOL/TNW Ratio 4.12 2.43 1.54 1.04 0.75 0.49 0.28
TOL/TNW Along with Counting
Net Sales 25,59,310 28,66,427 32,10,398 35,95,646 40,27,124 45,10,379 50,51,624
Cost of Production 21,44,702 24,02,066 26,90,314 - 33,74,730 37,79,697 42,33,261
Operating Profit/ EBDITA 1,10,149 2,14,461 3,26,212 4,46,802 5,28,123 6,67,185 8,20,653
Other Income - - - - - - -
Interest/ Finance Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DSCR 2.32 2.21 2.12 1.98 1.60 1.55 1.58
Net Profit After Tax 2,84,990 3,67,342 4,53,338 5,32,339 5,79,577 6,72,353 7,75,696
Cash Accruals (48,924) 81,237 27,507 6,054 (27,482) (28,490) (28,254)

DEBT EQUITY RATIO 47,425.39 97,167.99 1,53,866.36 2,25,600.06 3,29,994.85 4,29,237.57 5,19,969.06
 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001

DEBT SERVICE COVERAGE RATIO

Particulars 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30

Installment Due 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873

-
Retain Profit 1,36,090 1,42,592 1,52,738 1,55,889 1,27,277 1,44,203 1,71,696
Add:-
Interest on Term Loan 99,841 89,131 76,898 63,188 47,823 30,604 11,306
Depreciation 75,000 63,750 54,188 46,059 39,150 33,278 28,286

TOTAL 3,10,931 2,95,473 2,83,824 2,65,136 2,14,250 2,08,085 2,11,288

DSCR 2.32 2.21 2.12 1.98 1.60 1.55 1.58

Average DSCR 1.91

 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001

WORKING CAPITAL ANALYSIS

Projected
Particular 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
CURRENT ASSETS

Closing Stock 3,05,838 3,42,538 3,83,643 4,29,680 4,81,241 5,38,990 6,03,669

Sundry Debtors 1,84,114 2,02,525 2,22,778 2,45,056 2,69,561 2,69,017 2,68,267
Other Current Assets 3,43,595 3,60,775 3,78,813 3,97,754 4,12,642 4,25,774 4,37,063
Cash in Hand (48,924) 32,313 59,819 65,873 38,391 9,901 (18,354)

TOTAL 7,84,622 9,38,151 10,45,053 11,38,363 12,01,835 12,43,682 12,90,645

CURRENT LIABILTIES
Sundry Creditors 1,49,600 1,98,136 2,11,695 2,30,349 2,70,052 2,94,294 3,20,449
Working CapitalTerm Loan 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873 1,33,873

TOTAL 2,83,473 3,32,009 3,45,568 3,64,221 4,03,924 4,28,167 4,54,322

Gross Working Capital 6,35,022 7,40,015 8,33,358 9,08,014 9,31,784 9,49,389 9,70,196
PBF 4,76,267 5,55,011 6,25,019 6,81,010 6,98,838 7,12,041 7,27,647
Working Capital 5,01,149 6,06,142 6,99,485 7,74,141 7,97,911 8,15,516 8,36,323

Current Ratio 2.77 2.83 3.02 3.13 2.98 2.90 2.84

 M/s Optical Manufacturing & Service
Proprietor: Varsha Soni

EMI CALCULATOR

LOAN AMOUNT 9,00,000.00

INTEREST RATE PER ANNUM 11.45%

INTEREST RATE PER MONTH 0.954%

NO OF INSTALLMENT 82

EMI 15,873

CALCULATION OF DETAILS OF EMI

FIRST YEAR

PRINCIPAL
MONTHS EMI INTEREST REPAYMENT OST PRINCIPAL
0 900000
1 8,588 8588 0 900000
2 8,588 8588 0 900000
3 15,873 8588 7286 892714
4 15,873 8518 7355 885359
5 15,873 8448 7426 877933
6 15,873 8377 7496 870437
7 15,873 8305 7568 862869
8 15,873 8233 7640 855229
9 15,873 8160 7713 847516
10 15,873 8087 7787 839729
11 15,873 8012 7861 831868
12 15,873 7937 7936 823932
TOTAL 1,75,909 99,841 76,068
SECOND YEAR

13 15,873 7862 8012 815921

14 15,873 7785 8088 807832
15 15,873 7708 8165 799667
16 15,873 7630 8243 791424
17 15,873 7552 8322 783102
18 15,873 7472 8401 774701
19 15,873 7392 8481 766219
20 15,873 7311 8562 757657
21 15,873 7229 8644 749013
22 15,873 7147 8727 740287
23 15,873 7064 8810 731477
24 15,873 6980 8894 722583
TOTAL 1,90,480 89,131 1,01,349

THIRD YEAR
25 15,873 6895 8979 713604
26 15,873 6809 9064 704540
27 15,873 6722 9151 695389
28 15,873 6635 9238 686151
29 15,873 6547 9326 676824
30 15,873 6458 9415 667409
31 15,873 6368 9505 657904
32 15,873 6278 9596 648308
33 15,873 6186 9687 638621
34 15,873 6094 9780 628841
35 15,873 6000 9873 618968
36 15,873 5906 9967 609000
TOTAL 1,90,480 76,898 1,13,583
FOURTH YEAR
37 15,873 5811 10062 598938
38 15,873 5715 10158 588779
39 15,873 5618 10255 578524
40 15,873 5520 10353 568171
41 15,873 5421 10452 557719
42 15,873 5322 10552 547167
43 15,873 5221 10652 536514
44 15,873 5119 10754 525760
45 15,873 5017 10857 514904
46 15,873 4913 10960 503943
47 15,873 4808 11065 492878
48 15,873 4703 11170 481708
TOTAL 1,90,480 63,188 1,27,292
FIFTH YEAR

49 15,873 4596 11277 470431

50 15,873 4489 11385 459046
51 15,873 4380 11493 447553
52 15,873 4270 11603 435950
53 15,873 4160 11714 424236
54 15,873 4048 11825 412411
55 15,873 3935 11938 400473
56 15,873 3821 12052 388420
57 15,873 3706 12167 376253
58 15,873 3590 12283 363970
59 15,873 3473 12400 351570
60 15,873 3355 12519 339051
TOTAL 1,90,480 47,823 1,42,657

SIXTH YEAR
61 15,873 3235 12638 326412
62 15,873 3115 12759 313654
63 15,873 2993 12881 300773
64 15,873 2870 13003 287770
65 15,873 2746 13128 274642
66 15,873 2621 13253 261389
67 15,873 2494 13379 248010
68 15,873 2366 13507 234503
69 15,873 2238 13636 220867
70 15,873 2107 13766 207101
71 15,873 1976 13897 193204
72 15,873 1843 14030 179174
TOTAL 1,90,480 30,604 1,59,876

SEVENTH YEAR
73 15,873 1710 14164 165011
74 15,873 1574 14299 150712
75 15,873 1438 14435 136276
76 15,873 1300 14573 121703
77 15,873 1161 14712 106991
78 15,873 1021 14852 92139
79 15,873 879 14994 77145
80 15,873 736 15137 62007
81 15,873 592 15282 46726
82 15,873 446 15428 31298
83 15,873 299 15575 15723
84 15,873 150 15723 0
TOTAL 1,90,480 11,306 1,79,174
 M/s Optical Manufacturing & Service
Ward no. 43, Near Chirahula mandir, Gurh road, Huzur
Rewa, (M.P.) - 486001

PROJECTED CASH FLOW STATEMENTS

Particulars 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30

For the Year Ended on Estimated Projected Projected Projected Projected Projected Projected
Cash Accruals
Net Profit 2,84,990 3,67,342 4,57,297 5,56,049 6,15,096 7,31,067 8,60,245
Capital Introduced 1,00,000 - - - - - -
Capital Subsidy -
Depreciations 75,000 63,750 54,188 46,059 39,150 33,278 28,286
Non Cash Expense ( Pre. Exp)
Increase in Bank Borrowing Cash Credit -
Increase in Current libailties 1,49,600 48,536 13,559 18,653 39,703 24,242 26,155
Increase in Long term Term Loans 9,00,000 - - - - - -
TOTAL INFLOW 15,09,590 4,79,628 5,25,044 6,20,762 6,93,949 7,88,587 9,14,686

Purchase of Fixed Assets 5,00,000

Decrease in long term loans 76,068 1,01,349 1,13,583 1,27,292 1,42,657 1,59,876 1,79,174
Increase in Current Assets 4,89,951 55,112 61,357 68,315 76,067 57,205 63,929
Increase in Investment
Increase in Deposit - - - - - - -
Increase in Other Current Assets 3,43,595 17,180 18,039 18,941 14,888 13,132 11,289
Interest
Taxations - - 3,959 23,710 35,519 58,713 84,549
Drawings 1,48,900 2,24,750 3,00,600 3,76,450 4,52,300 5,28,150 6,04,000
TOTAL OUTFLOW 15,58,514 3,98,391 4,97,538 6,14,708 7,21,431 8,17,077 9,42,940

OPENING BALANCE (48,924) 32,313 59,819 - (27,482) (55,972)

SURPLUS/DEFICIT (48,924) 81,237 27,507 6,054 (27,482) (28,490) (28,254)

CLOSING BALANCE (48,924) 32,313 59,819 65,873 (27,482) (55,972) (84,227)