PROJECT REPORT

OF

PHOTOGRAPHY & VIDEOGRAPHY

Prepared by:

THE NATIONAL INSTITUTE FOR ENTREPRENEURSHIP AND SMALL

BUSINESS DEVELOPMENT (NIESBUD)
Head Office : A- 23, sector 62 , Noida -201309 (U.P)
Telefax: 0120-4017039 , www.niesbud.nic.in
Regional Office: NSTI Campus, Green Park Colony, Niranjanpur
PO: Majra, Dehradun (Uttarakhand)-248171
Telefax: 0120-4017039
www.niesbud.nic.in
 PROJECT HIGHLIGHTS

NAME OF PROPRIETOR : XXX

ADDRESS OF PROPRIETOR : XXX

CONSTITUTION : PROPRIETORSHIP

CATEGORY OF UNIT : SMALL SCALE

FATHER/HUSBAND NAME : XXX

DATE OF BIRTH : XXX
CATEGORY OF THE PROPRIETOR : XXX
QUALIFICATION : XXX
LOCATION OF UNIT : XXX

NAME OF SCHEME : PRIME MINISTER’S EMPLOYMENT

GENERATION PROGRAMME

UNIT (OWN/RENTED) : OWNED

(A) TOTAL COST OF PROJECT : Rs.10,00,000.00

(1) Fixed Capital Rs. 8,00,000.00
(2) Working Capital Limit Rs. 2,00,000.00

(B) MEANS OF FINANCE : Rs. 10,00,000.00

(1) Term Loan for Machinery Rs. 7,50,000.00

(2) Working Capital Limit Rs. 2,00,000,00
(3) Promoter’s Contribution Rs. 1,00,000.00

SUBSIDY UNDER PMEGP : Rs. 2,50,000.00

EMPLOYMENT POTENTIAL : 8
NORMAL WORKING HOUR : 8 HOUR
INTRODUCTION:-
Functions like Marriage, Engagements, Annual Functions, Birthday Functions are
very normal and everyone want to record their memories. They required today
latest Equipment’s and Cameras and Visual effects are in the service area. The
computer system with photo graphic software makes very good digital images and
printings in the printers. Good albums with outdoor photos and designs also made
very attractive. When the photo snaps are taken and recorded in digital computers
and Medias.

PROMOTER & MANAGEMENT:-

The promoter is reported to have good financial standing presently. The Promoters is
actively associated with the implementation of the project. Promoter is over all in
charge of the working of the unit.

MARKET AND DEMAND:-

This is a boom business and when we required more cameras and equipment’s we
will readily take them for rental basis also. Good Contacts and Good Services will
bring more Business to the Studio Owners.
MAJOR BENEFITS OF THE PROJECT:-
I. Easy availability of material.
II. Job opportunity to local people.

FURNITURE, FIXTURES ETC.: -

The total estimated cost of required Furniture & Fixtures include Electricity Fittings
would be Rs.- 45,000/-.
PREOPERATIVE EXPENSES: -
The total estimated cost of required Preoperative Expenses would be Rs.- 5,000/-.
PLANT, MACHINERY AND EQUIPMENTS: -
Plant, Machinery, Tools, Shed and other equipment’s required by the proposed unit
are available indigenously. The various items required for installation of Rs.
7,50,000/- details as per quotation attached herewith.
QUALITY CONTROL: -
The concern proposed to set up above unit for which provision testing equipment
have been proposed in the project report.
TECHNICAL KNOW- HOW:-
The process for sale of products is simple and no sophisticated technology is involved.
There is no requirement of any type of technical knowhow.

TRANSPORTATION: -
The proposed location is connected by road and near to the city. Thus the unit is not
likely to face difficulty on account of transportation.

UTILITIES: -

a) Power:
The total connected load for the smooth operations of the unit has been
estimated and Electricity connection will be obtained as per required load
including lighting load if required.

b) Water:
The water will be available. Necessary provision for storage of water and water
supply has been made in the project cost.

MANPOWER:-
The unit would require total manpower of 8 person of different category. The details
of salary/wages proposed to be paid together with annual Salary/wages bill is given in
separate annexure.

DEPRECIATION:-
The depreciation on fixed assets has been computed in annexure of this project
report in accordance with the admissibility of the same under the Income Tax Act,
1961.

TRAINING:-
Applicant has to complete two week EDP training specially designed for the purpose,
which will be organized by KVIC/KVIB/DIC or the institution organized by or under the
administration control of Minister of MSME or any other training center of repute
before disbursement of loan by the bank. After the successfully completion of EDP
training arranged by the KVIC/KVIB/DIC, the beneficiary will deposit with the bank
finance to the beneficiary.
CAPITAL SUBSIDY UNDER PMEGP:-
Unit is eligible to get capital subsidy under Prime Minister Employment Generation
Programme 25% of the total cost of the project (expect cost of land). Total subsidy to
be received Rs. 2,50,000/-
TERM LOAN AND WORKING CAPITAL LOAN UNDER PRADHAN MANTRI ROJGAR
YOJNA (PMEGP)
The unit proposed to have Term loan UNDER PMEGP of Rs. 7,00,000/- & working
capital limit of Rs. 2,00,000/- Own contribution of unit will be Rs. 1,00,000/-, which is
five percent of total cost of project. The total project cost will be Rs.10,00,000/-.

LOAN REPAYMENT SCHDULE

TERM LOAN UNDER PMEGP:-

Total Term Loan : Rs. 7,00,000/-

Total Duration : 5 Years
From the next year
Each yearly installment : Rs.1,40,000/-

Total installments : Rs.1,40,000*5 = Rs. 7,00,000/-

Total Rs. 7,00,000/--

INTEREST COMPUTATION
Interest computation is given in Annexure 6.

PROJECTED INCOME/PROFITABILITY:

The projected Income & profitability statement has been shown in the attached profit
& loss account. Projected Balance sheet for the next five years are also enclosed as
here for the reference.

ECONOMIC VIABILITY:-

Based on the projections attached it is observed that sufficient revenue shall be

generated through operations served & it indicates the economic viability of the
proposal. Hence the project can be considered as economically favourable.
CONCLUSION:-

Based on the grounds discussed aforesaid it is concluded that project is economically

& feasibly viable and should be considered favourably.

GENERAL NOTE:-

All Thing Depicted Are Proposed Based On The Information Provided By The Applicant
We Shall Not Be Responsible For Any Financial MIS- Statements Or Non Proper Use Of
Funds By The Borrower.
 M/S AMIT CHAUHAN PHOTOGRAPHY & VIDEOGRAPHY
UTTRAKHAND
FINANCIAL AS PECTS OF THE PROJECT

A. FIXED CAPITAL
I-Plant & Machineries:

S .No Particulars No. Rate (Rs.) Amount(Rs.)

1 Video Camera (S ony HXR-NX200 Full HD 4K Camcorder) with 2 150000 300000
2 Digital Still Camera (Canon 450D Xsi ) 2 49500 99000
3 S oft Box / Umbrella Light 2 11000 22000
4 Battery Video Camera 2 8500 17000
5 S till Camera Chip ( Kingston SDXC 64 GB 30 MB 4 3000 12000
6 PC Work S tation (Desktop Dell) 1 70000 70000
7 PC Work S tation (Laptop Dell Vostro 15 3590) 1 84000 84000
8 Printers ( EPSON Ecotank L1455 A3 wifi Duplex Multifunction 2 56000 112000
9 S creens (10*10) backdrop with stand 2 3500 7000
10 Inverter Battery Backup 1 27000 27000
TOTAL 750000

II-Other Fixed Assets:

S .No Particulars Amount (Rs.)

1 Basic setup e.g. racks, chair, counter, multiple worktables, work stands, machine stands etc. 45000

TOTAL 45000

III-Preliminary & Pre-operative expenses:

S .No Particulars Amount (Rs.)

1 Transportation of Machinery / Equipments 4000
2 Miss. Expenses ( Electric fitting , Board etc) 1000
TOTAL 5000

TOTAL FIXED CAPITAL

S .No Particulars Amount (Rs.)

1 Machinery and Equipments 750000
2 Other Fixed Assets 45000
3 Preliminary and Pre Operative Expenses 5000
TOTAL 800000
 B. WORKING CAPITAL
I- Raw Material (Per Month):

Particulars Qty. kg/ltr Rate (Rs.) Amount (Rs.)

S .No
1 DVDs 200 15 3000
2 Albums 25 1500 37500
3 Photoframes 145 100 14500
4 Photo Paper and Other Material 35000
TOTAL 90000

II- Man power (Per Month):

S .No Particulars Qty. kg/ltr S alary Amount (Rs.)

1 Supervisor 1 10000 10000
2 Skill Manpower 3 8000 24000
3 Semi S killed Manpower 2 8000 16000
4 Helper 2 6000 12000
TOTAL 62000

III- Utilities (Per Month):

S .No Particulars Oty. Amount (Rs.)

1 Electricity Bill 8000 8000
3 Phone and internet bill 3000 3000
TOTAL 11000

IV- Misc. or other expenses: (Per Month)

Particulars Amount (Rs.)

S .No
1 Repair and Maintenance of Machines & Tools 10000
2 Misc.Expenses- Transport charges, Advertisement, S ales expenses and Insurance etc 27000
TOTAL 37000
 TOTAL WORKING CAPITAL (Per Month)

Particulars Amount (Rs.)

S .No
1 Raw Material 90000
2 Manpower 62000
3 Utilities 11000
4 Misc. expenses 37000
TOTAL 200000

C-ANNUAL S ALES REALIS ATION

S .No Particulars Amount (Rs.)

1 Amount per year may be realized 3250000

D-BREAK EVEN POINT

(BAS ED ON FIRS T YEAR OF OPERATION)

S .No FIXED COS T Amount (Rs.)

1 Interest on loan 74710
2 Depreciation 118000
3 Man power expenses (40%) 297600
4 Operating expenses (40%) 662400
Total 1152710
BEP = Fixed Cost * 100 115271042
71.97
Fixed Cost + Net Profit 1601591
 M/S AMIT CHAUHAN PHOTOGRAPHY & VIDEOGRAPHY
Address: XXX
Annexture-1
PROJECTED BALANCE SHEET
(Rs. In '000)
Operating Years
PAR TICU L AR S
1st 2nd 3rd 4th 5th
A-S O URC E S:-

I ) CAPITAL / OWN CONTRI BUTION 100 549 1065 1639 2270

ADD:- P ROFIT 449 516 574 631 685
TOTAL 549 1065 1639 2270 2955

II) LOAN FUNDS

SECURED LOANS
Term Loan from Bank 560 420 280 140 0
C/C Limit from Bank 200 200 200 200 200

T O T A L (I+II) 1309 1685 2119 2610 3155

B- APPLI CATI ON:-

I) FIXED ASS ETS

GROSS BLOCK 795 795 795 795 795
LESS: ACC.DEPRICIA TION 118 218 303 375 437
T OTA L 677 577 492 420 358

II) CURRENT ASS ETS LOANS & ADVANCES

PRELIMINE RY E XPENSES 5 5 5 5 5
INVE NTORIES 90 95 99 104 108
SUNDERY RECE IVABLES 271 284 298 311 325
CASH & BANK BALANCES 290 765 1283 1845 2451
LOANS & ADVANCES 200 200 200 200 200
T OTA L 856 1348 1885 2465 3089

III) CURRENT LI ABILITI ES & PROVISIONS

SUNDERY CRE DITOR 90 95 99 104 108
PROV ISION FOR TA XA TAION 11 16 23 30 36
E XPENSES PAYABLE 124 130 136 142 148
T OTA L 224 241 258 275 292

IV) NET CUREENT ASS ETS (II-III) 632 1108 1627 2190 2797

T OTA L 1309 1685 2119 2610 3155

Margin Money under PMEGP 250 250 250 - -

Note :-Above statement prepared & compiled by us as per the information provided by proprietor
 M/S AMIT CHAUHAN PHOTOGRAPHY & VIDEOGRAPHY
Annexture-2
Address: XXX
PROJECTED COST OF PRODCUTION AND PROFITABILITY
(Rs. In '000)
Operating Years
Particulars
1st 2nd 3rd 4th 5th
Capacity Utilization 50% 55% 60% 65% 70%

A- INCOMES :

GROSS RECEIPTS 3250 3413 3575 3738 3900

CLSOING STOCK 90 95 99 104 108

TO TA L (A ) 3340 3507 3674 3841 4008

B- EXPENSES

OPENING STCOK 0 90 95 99 104

PURCHASES AND CONSUMPTION 1170 1134 1188 1242 1296

SAL ARY & WAGES 744 781 818 856 893

UTILITIES EXPENSES 132 139 145 152 158

Total (B) 2046 2144 2246 2348 2451

C- GROSS PROFIT ( A-B ) 1294 1363 1428 1493 1557

AD MINISTR ATIVE COST 444 466 488 511 533

SELLING & DISTRIBUTION EXPENSES 163 171 179 187 195

DEPRICIATION 118 100 85 72 62

FINANCIAL CHARGES
Interest on Term Loan @11.75% 75 58 42 25 9
Interest on CC Limit @10% 20 20 20 20 20
Bank Charges 15 16 17 17 18
D-TOTAL 834 831 830 832 837

E- PROFIT BEFORE TAX ( C - D ) 460 532 597 661 721

F- PROVISION FOR TAXATION 11 16 23 30 36

G- NET PROFIT AFTER TAX 449 516 574 631 685

Note :-Above statement prepared & compiled by us as per the information provided by proprietor
 M/S AMIT CHAUHAN PHOTOGRAPHY & VIDEOGRAPHY
Address : XXX
Annexture-3
PROJECTED CASH FLOW STATEMENT
(Rs. In '000)
Operating Years
PARTICULA RS
1st 2nd 3rd 4th 5th
A-SOURCE OF FUND

1. Increase in Capital 100 - - - -

2. Increase in Term Loan 700 - - - -
3. Increase in C/C Limit 200 - - - -
4. Profit / (Loss) 449 516 574 631 685
5. Depreciation added back 118 100 85 72 62
6. Increase in Creditors 224 16 17 17 17

TOTAL ( A ) 1791 632 677 720 764

B-DISPOSAL OF FUND

I) FIXED ASSETS PURCHASED

1. Furniture & Fixtures 45 - - - -
2. Plant & Machinery 750 - - - -

II) CURRENT ASS ET S

3. Increase in Stock 90 5 5 4 5
4. Increase in Debtors 271 14 14 14 14
5. Increase in Preliminary Exp. 5
6. Increase in Loans & Advances 200 - - - -

III) O THERS
7. Payment of Term Loan 140 140 140 140 140
8. Decrease in Creditors 0

TOTAL ( B ) 1501 158 158 158 158

Opening Cash & Bank Balance 0 290 765 1283 1845

Surplus/(Deficit) ( A - B ) 290 474 519 562 606
Closing Cash & Bank Balance 290 765 1283 1845 2451

Note :-Above statement prepared & compiled by us as per the information provided by proprietor
 M/S AMIT CHAUHAN PHOTOGRAPHY & VIDEOGRAPHY
Address: XXX
Annexture-4
COMPUTATION OF DEPRECIATION

Depreciation under WDV Method: (Rs. in '000')

Furniture & Plant &
Particulars Total
Fixture Machinery
Rate as per I.Tax Act 10% 15%
Value of Assets at beginning 45 750 795
1st year Dep. 5 113 118
Balance at the end of1st year 40 637 677
2nd year Dep. 4 96 100
Balance at the end of2nd year 36 541 577
3rd year Dep. 4 81 85
balance at the end of 3rd year 32 460 492
4th year Dep. 3 69 72
balance at the end of 4th year 29 391 420
5th year Dep. 3 59 62
 M/S AMIT CHAUHAN PHOT OGRAPHY & VIDEOGRAPHY
Address: XXX
Annexture-5
PROJECT ED FINANCIAL RATIOS
(Rs. In '000)
Operating Years
P AR TIC UL A RS
1st 2nd 3rd 4th 5th

1. CURRENT RATIO
CURRENT ASSETS 856 1348 1885 2465 3089
CURRENT LIABILITIES 424 441 458 475 492

= 2.02 3.06 4.12 5.19 6.28

TIME S TIME S TIME S TIME S TIME S

GROSS PROFIT 1294 1363 1428 1493 1557

2. GROSS PROFIT RATIO
SALES 3250 3413 3575 3738 3900

= 39.82 % 39.95 % 39.94 % 39.94 % 39.93 %

NET PROFIT 460 532 597 661 721

3. NET PROFIT RATIO
SALES 3250 3413 3575 3738 3900

= 14.15 % 15.60 % 16.71 % 17.67 % 18.48 %

PAT+DEP.+INTT. ON TERM LOAN 653 691 724 758 792

4. DSCR
INTEREST+LOAN INSTAL MEN T 215 198 182 165 77

= 3.04 3.48 3.98 4.58 10.34

TIME S TIME S TIME S TIME S TIME S

PAT+DEP.+INTT. 673 711 744 778 812

5. INTT. COVERAGE R ATIO
INTEREST 95 78 62 45 29

= 7.10 9.08 12.04 17.15 28.07

TIME S TIME S TIME S TIME S TIME S
 M/S AMIT CHAUHAN PHOTOGRAPHY & VIDEOGRAPHY
Address: XXX
Loan Amount Rs. 700000 Annexture-6
Rate of Interest 11.75%
Tenure 5 Years (Rs. In '000)
Sl.No. Intalment Interst Principal Balance Loan

1st Year 215 75 140 560

2nd Year 198 58 140 420

3rd Year 182 42 140 280

4th Year 165 25 140.0 140

5th Year 149 9 140 0

 DISCLAIMER

This project report will give an idea and guidance to budding and existing
entrepreneurs on how to prepare the project Report. They will come to know about
the essential elements of project report which must be kept in mind while formulating
business plan. Every earnest-effort has been made in collecting the data and
information available on the subject from different offline and online sources. This
report (including any enclosures and attachments) has been prepared solely for the
purpose for which it is provided.

NIESBUD suggest entrepreneurs to survey the market properly to find the actual
cost of fixed assets and working capital. The actual cost of the project or industry will
vary according to different elements like location, local regulation, financial
requirements of industry, capacity, type of industry, cost of resources and other
direct and indirect cost related to the project.

NIESBUD hereby disclaims any and all liability to any party for any direct, indirect,
implied, punitive, special, incidental or other consequential damages arising directly
or indirectly from any use of the Project Report Content which is provided “as is” and
“as available” basis without any warranties of any kind.

In no event shall NIESBUD be liable for any damages whatsoever resulting from the
use or inability to use the project report content.