CONTENTS

Executive Summary

Project Cost and Finance

The Project

Basis and Presumptions

Projected Balance Sheet

Projected Profit and Loss Account

Cash Flow Statement

CMA Data

Ratio Analysis

Break Even Point Calculation

Sales Projections

Depreciation Schedule

Loan Amortization Schedule

 PROJECT PROFILE

1 PROPOSED PROJECT WOODEN FURNITURE BUSINESS

2 NAME OF THE CONCERN MRS. CHHAYA RATHORE

3 ADDRESS SHANI MANDIR, KHANDWA

4 FIRM CONSTITUTION PROPRIETORSHIP

5 NATURE OF BUSINESS MANUFACTURING: FURNITURE

6 PROJECT COST RS. 20 LAKHS

7 TENURE 60 MONTHS

8 BANKER INDIAN OVERSEAS BANK

INDORE ROAD BRANCH, KHANDWA

Disclaimer : This Project Report is prepared on the basis of Reasonable

Assumptions, Information and Quotations provided to us by the client.
MRS. CHHAYA RATHORE

COST OF PROJECT
SR NO PARTICULARS AMOUNT (RS. LACS)

1 TIN SHED 3.50

2 MACHINERY 8.50

3 WORKING CAPITAL 8.00

TOTAL 20.00

MEANS OF FINANCE
SR NO PARTICULARS AMOUNT (Rs. LACS)

1 OWN CONTRIBUTION 1.00

2 TERM LOAN 11.40

3 CC LIMIT 7.60

TOTAL 20.00

NOTE: SUBSIDY UNDER PMEGP AMOUNTING TO RS. 5 LACS THAT IS 25%

OF PROJECT COST IS INCLUDED IN TERM LOAN. IT WILL BE RELEASED
AFTER THREE YEARS. TILL THE PERIOD OF THREE YEARS NO INTEREST
WILL BE CHARGED ON THIS PORTION OF TERM LOAN.
 BASIS AND PRESUMPTION OF THE PROJECT

 On a conservative basis it is estimated that the firm shall operate at an

average of 65% capacity of its installed capacity. Income Generation and
Expenditure chart as discussed above indicates that the firm will be in
profit from the first operating year itself. That the capacity then shall
increase by 5% p.a. each year onward.

 Revenue has been considered at Rs. 12000 per UNIT.

 Machineries are durable in nature. However for practical purpose, the

life of the project is considered as Ten Years. Hence SLM Depreciation
method has been applied using 10% as depreciation rate so that the
cost of machine will be amortized in ten years.

 Purchase, Labour and power rates are applicable as per market rates.
For project purpose, 72% of the turnover has been allocated towards
consumables, 5% of the revenue has been allocated towards power &
fuel, 7% towards labour, 3% towards other direct expenses and 2%
towards selling & administrative expenses.

 Interest rate of 11% has been considered on term loan.

 Tax has not been considered.

 Moratorium Period has not been considered. The installment of New

Loan should commence from the first month of disbursement.
 MRS. CHHAYA RATHORE

Projected Balance Sheet

Particulars 2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
Sources of Funds:
Proprietor's Capital:
Opening Fund 1.00 6.96 11.03 16.37 22.43
Add: Profit for the year 1.28 5.43 7.12 8.07 9.08
Add : Subsidy 5.00 - - - -
Less: Drawings 0.32 1.36 1.78 2.02 2.27
Closing Balance 6.96 11.03 16.37 22.43 29.24

Loans:
Term Loan 11.10 9.23 7.14 4.82 2.21
CC Limit 7.60 7.60 7.60 7.60 7.60

Current Liabilities & Provisions:

Sundry Creditors 0.35 0.81 0.88 0.95 1.01

Total 26.01 28.67 31.99 35.79 40.06

Application of Funds:
Fixed Assets 10.80 9.60 8.40 7.20 6.00

Current Assets :
- Deposits 5.00 5.00 5.00 5.00 5.00
- Sundry Debtors 0.30 4.50 7.80 10.50 15.00
- Inventories
- Raw Material - - - - -
- Finished Goods 9.00 9.00 9.75 10.50 11.25
- Cash & Cash Equivalents 0.90 0.57 1.04 2.59 2.81

Total 26.01 28.67 31.99 35.79 40.06

 MRS. CHHAYA RATHORE

Projected Profitability Statement

Particulars 2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
I. INCOME
Sales 36.00 108.00 117.00 126.00 135.00
Change in Stock 9.00 - 0.75 0.75 0.75
Other Income - - - - -
Total 45.00 108.00 117.75 126.75 135.75

II. Expenditure
Purchases 36.00 81.00 87.75 94.50 101.25
Power & Fuel 1.80 5.40 5.85 6.30 6.75
Direct Labour 2.52 7.56 8.19 8.82 9.45
Other Direct Expenses 1.08 3.24 3.51 3.78 4.05
Selling & Administrative Expenses 0.72 2.16 2.34 2.52 2.70
Total 42.12 99.36 107.64 115.92 124.20

III. Profit Before Int. & Dep. (I-II) 2.88 8.64 10.11 10.83 11.55

Interest :
- On CC Limit 0.20 0.88 0.88 0.88 0.88
- On Term Loan 0.20 1.13 0.91 0.68 0.39
Depreciation 1.20 1.20 1.20 1.20 1.20
Tax - - - - -
IV. Total (Int., & Dep.) 1.60 3.21 2.99 2.76 2.47

V. Net Profit After Int, Dep & Tax(III-IV) 1.28 5.43 7.12 8.07 9.08

Debt Service Coverage Ratio:

Services:
Profit After Tax 1.28 5.43 7.12 8.07 9.08
Add: Depreciation 1.20 1.20 1.20 1.20 1.20
Add: Interest 0.20 1.13 0.91 0.68 0.39
Total 2.68 7.76 9.23 9.95 10.67
Debt:
- Principal 0.30 1.87 2.09 2.32 2.61
- Interest on Term Loan 0.20 1.13 0.91 0.68 0.39
Total 0.50 3.00 3.00 3.00 3.00

DSCR 5.36 2.59 3.08 3.32 3.56

Average DSCR 3.58
 MRS. CHHAYA RATHORE

Cash Flow Statement

Particulars 2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
Inflow:
Opening Cash & Bank - 0.90 0.57 1.04 2.59

Proprietor's Contribution 6.00 - - - -

Current Year Profit 1.28 5.43 7.12 8.07 9.08

Non Cash Expenditure Charged to P/L 1.20 1.20 1.20 1.20 1.20

Loan 19.00 - - - -

Increase in Current Liabilities 0.35 0.47 0.07 0.07 0.07

Total 27.83 8.00 8.96 10.38 12.94

Outflow:
Fixed Assets 12.00 - - - -

Increase in Current Assets 14.30 4.20 4.05 3.45 5.25

Repayment of Term Loan 0.30 1.87 2.09 2.32 2.61

Proprietor's Withdrawals 0.32 1.36 1.78 2.02 2.27

Closing Cash & Bank 0.90 0.57 1.04 2.59 2.81

Total 27.83 8.00 8.96 10.38 12.94
MRS. CHHAYA RATHORE
ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
Form II : Operating Statements
(Amount - Rs in Lacs )
2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
1. Gross Sales
(i) Domestic Sales 36.00 108.00 117.00 126.00 135.00
(ii)Exports - - - - -
2.Less : Excise Duty - - - - -
3.Net Sales (1 - 2) 36.00 108.00 117.00 126.00 135.00
4.% rise ( + ) or fall ( - ) in net sales as compared to
previous year 200% 8% 8% 7%
5.Cost of Sales
(i)Raw Materials including stores and other items
used ( in the process of manufacture)
(ii) (a) Imported - - - - -
(b) Indigenous (Adjusted) 36.00 81.00 87.75 94.50 101.25
(iii) Power and Fuel 1.80 5.40 5.85 6.30 6.75
(iv) Direct labour (Factory wages and salaries) 2.52 7.56 8.19 8.82 9.45
(v) Other direct expenses 1.08 3.24 3.51 3.78 4.05
(vi) Depreciation 1.20 1.20 1.20 1.20 1.20
(vii) Sub-total ( i to vi ) 42.60 98.40 106.50 114.60 122.70
(viii) ADD:Opening stock in Process - - - - -
Sub-total 42.60 98.40 106.50 114.60 122.70
(ix) DEDUCT :Closing stocks in Process - - - - -
(x) Cost of Production 42.60 98.40 106.50 114.60 122.70
(xi) ADD: Opening stocks of finished goods - 9.00 9.00 9.75 10.50
Sub-Total 42.60 107.40 115.50 124.35 133.20
(xii) DEDUCT: Closing stocks of finished goods 9.00 9.00 9.75 10.50 11.25
(xiii) Sub-Total ( Total cost of sales ) 33.60 98.40 105.75 113.85 121.95

6. Selling, general and admn. expenses 0.72 2.16 2.34 2.52 2.70
7. Sub-total ( 5 + 6 ) 34.32 100.56 108.09 116.37 124.65
8. Operating Profit before interest ( 3 - 7 ) 1.68 7.44 8.91 9.63 10.35
9. Interest 0.40 2.01 1.79 1.56 1.27
10. Operating Profit after interest (8 - 9 ) 1.28 5.43 7.12 8.07 9.08
11. (i) Add: Other non-operating income
(ii) Deduct Other non-operating expenses - - - - -
Sub-total ( expenses )
(iii) Net of other non-operating income /
expenses net of 11 (1) & (2) ) - - - - -
12. Profit before tax / loss ( 10 + 11 (iii) ) 1.28 5.43 7.12 8.07 9.08
13. Provision for taxes - - - - -
14. Net Profit / loss ( 12 - 13 ) 1.28 5.43 7.12 8.07 9.08
15. (a) Dividend (Proprietor's withdrawal) 0.32 1.36 1.78 2.02 2.27
(b) Dividend Rate 25% 25% 25% 25% 25%
16. Retained Profit ( 14 -15 ) 0.96 4.07 5.34 6.05 6.81
17. Retained Profit /Net Profit (% age) 75% 75% 75% 75% 75%
ANALYSIS OF BALANCE SHEET
FORM - III
(Amount - Rs in Lacs )
2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
CURRENT LIABILITIES
1. Short term borrowings from banks
( including bills purchased and
discounted and excess borrowings
placed on repayment basis )
(i) from applicant Bank-OCC& BILLS 7.60 7.60 7.60 7.60 7.60
(ii) from other banks - - - - -
(iii) of which BP
Sub-Total (A) 7.60 7.60 7.60 7.60 7.60
2.Short - term borrowings from others
3.Sundry creditors ( trade ) 0.35 0.81 0.88 0.95 1.01
4.Advances payments from customers / deposits
from dealers
5.Provision for taxation
6.Dividend payable
7.Other statutory liabilities (due within one year )
8.Deposits/ Debentures/ Instalments under term
loans/ DPG's etc(due within one year ) 1.87 2.09 2.32 2.61 2.21

9.Other current liabilities and provisions

(due within one year)
Sub-Total (B) 2.22 2.90 3.20 3.56 3.22
10. TOTAL CURRENT LIABILITIES 9.82 10.50 10.80 11.16 10.82
( Total of 1 to 9 )
TERM LIABILITIES
11.Debentures (not maturing within one year)
12.Preference shares
( redeemable a-fter one year
13. Term loans ( excluding instalments 9.23 7.14 4.82 2.21 (0.00)
payable within one year )

14. Deferred paym'ent credits (excluding

instalments p'ayable within one year
15.Term Deposits ( repayable after one year)
16.Other term liabilities (Unsecured Loans) - - - - -
17. TOTAL TERM LIABILITIES 9.23 7.14 4.82 2.21 (0.00)
( Total of 11 to 16 )
18. TOTAL OUTSIDE LIABILITIES (10 + 17) 19.05 17.64 15.62 13.37 10.82
NET WORTH
19.Capital Account 1.00 6.96 11.03 16.37 22.43
20.General reserve
21.Interest Subsidy
22.Capital Subsidy 5.00
23.Surplus (+) or deficit (-) in Profit and loss
account 0.96 4.07 5.34 6.05 6.81
24.NET WORTH ( Total of 19 to 23 ) 6.96 11.03 16.37 22.43 29.24
25.TOTAL LIABILITIES ( 18 + 24 ) 26.01 28.67 31.99 35.79 40.06
ANALYSIS OF BALANCE SHEET
FORM - III
2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
ASSETS
Current Assets
26.Cash and bank balances 0.90 0.57 1.04 2.59 2.81
27.Investments ( other than long term
investments)
28. (i) Receivables other than deferred and export
receivables ( including bills purchased and
discounted by bankers ) 0.30 4.50 7.80 10.50 15.00
(ii) Export receivables ( including bills purchases
and discounted by the bankers) (
payable within one year )
29. Instalments of deferred receivables
( due with in one year )
30. Inventory :( i )Raw materials (including stores
and other items used in the process of
manufacture
( a ) Imported
( b ) Indigeneous
( i ) Stock - in – process
( ii ) Finished Goods 9.00 9.00 9.75 10.50 11.25
( iii )Other consumable spares
( a ) Imported
( b ) Indigeneous
31. Advance to suppliers of raw materials Stores
and spares
32.Advance payment of taxes
33. Other current assets (major items To be
specified individually )
Advances and Deposits 5.00 5.00 5.00 5.00 5.00
34. TOTAL CURRENT ASSETS 15.21 19.07 23.59 28.59 34.06
( Total of 26 to 33 )
Fixed Assets
35.Gross block ( land and buildings, machinery,
work-in-progress ) - 10.80 9.60 8.40 7.20
Addition 12.00 - - - -
36.Depreciation to date 1.20 1.20 1.20 1.20 1.20
37.NET BLOCK ( 35 – 36 ) 10.80 9.60 8.40 7.20 6.00
OTHER NON-CURRENT ASSETS
38.Investments/bookdebts/advances/deposits
which are not current assets
( I ) (a) Investments in subsidiary companies /
affiliates
( ii ) ( b ) Others - - - - -
( iii )Deferred receivables (maturity exceeding one
year )
( iv) Others
39. Non-consumable stores and spares
40. Other non-current assets including Dues from
Directors
41.TOTAL OTHER NON-CURRENT ASSETS 0.00 0.00 0.00 0.00 0.00
ANALYSIS OF BALANCE SHEET
FORM - III
(Amount - Rs in Lacs )
2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
42.INTANGIBLE ASSETS - - - - -
(patents, goodwill preliminary
expenses bad / doubtful debts not
provided for, etc.,)
43.TOTAL ASSETS 26.01 28.67 31.99 35.79 40.06
( Total of 34, 37, 41 & 42 )

44.TANGIBLE NET WORTH ( 24 - 42 ) 6.96 11.03 16.37 22.43 29.24

45.NET WORKING CAPITAL(34-09) 5.39 8.57 12.79 17.44 23.24

46.Current Ratio ( items 34 / 10 ) 1.55 1.82 2.18 2.56 3.15

47.Total Outside liabilities /

Tanible net worth ( 18 / 44 ) 2.74 1.60 0.95 0.60 0.37

Additional Information :-- NIL NIL NIL NIL NIL

( A ) Arrears of depreciation :

( B ) Contingent liabilities:

( i ) Arrears of cumulative dividends

( ii ) Gratuity scheme for staff

( iii ) Other liabilities not provided for

Form IV
COMPARITIVE STATEMENT OF CURRENT ASSETS & CURRENT LIABILITIES
(Amount - Rs in Lacs )
2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
A.CURRENT ASSETS
Raw material (including stores and other items
used in the process of manufacture )
a) Imported Months consumption
(b) Indigenious Months consumption

2.Other consumable spares excluding those

included in item ( i ) above

a) Imported Months consumption

(b) Indigenious Months consumption - - - - -

3.Stocks-In-Process
Months' cost of production - - - - -

4.Finished goods: 9.00 9.00 9.75 10.50 11.25

Months cost of sales

5. Receivables other than export and

deferred receivables including bill purchased
and and discounted by bankers 0.30 4.50 7.80 10.50 15.00
Months domestic sales excluding deferred
payment sales
6.Export receivables (including bill purchased
and discounted Months Export sales
7.Advances to suppliers of raw materials &
stores / spares consumables
8.Other current assets including
cash and bank balances and
deferred receivables due with
in one year ( major items )
Cash & Bank balances 0.90 0.57 1.04 2.59 2.81
Advance Taxes
Others 5.00 5.00 5.00 5.00 5.00
9.TOTAL CURRENT ASSETS 15.21 19.07 23.59 28.59 34.06
( To agree with 34 in form III )
B. CURRENT LIABILITIES
(Other than bank borrowings for working capital)
10.Creditors for purchase of raw materials, stores
& consumable spares 0.35 0.81 0.88 0.95 1.01
( Month's purchases )
11.Advances from customers
12.Statutory liabilities
13.Other current liabilities Instalments of TL &
DPG Public Deposits/ Unsecured Loans Others - - - - -
14.TOTAL 0.35 0.81 0.88 0.95 1.01
(to agree with Sub-total (B)
Form V
COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL
(Amount - Rs in Lacs )
2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected

1. Total Current Assets ( 9 in Form IV ) 15.21 19.07 23.59 28.59 34.06

2. Other Current Liabilities 0.35 0.81 0.88 0.95 1.01

(Other than bank borrowing)
( 14 in Form IV )

3. Working capital gap (WCG) ( 1 -- 2 ) 14.86 18.26 22.71 27.65 33.05

4. Minimum stipulated net working

Capital i.e., 25 % of WCG / 25 % of
total current assets as the case 3.72 4.57 5.68 6.91 8.26
may be depending upon the method of
lending being applied (Export recei
-vables to be excl. in both methods)

5. Actual / Projected net working capital 7.26 10.66 15.11 20.05 25.45
( 45 in Form III )

6. Item 3 minus item 4 11.15 13.70 17.03 20.73 24.78

7. Item 3 minus item 5 7.60 7.60 7.60 7.60 7.60

8. Maximum permissible bank finance 7.60 7.60 7.60 7.60 7.60

( item 6 or 7 whichever is lower )
Actual/Projected Bank Borrowings 7.60 7.60 7.60 7.60 7.60

9. Excess borrowings ( representing - - - - -

shortfall in NWC)
Form V1
FUNDS FLOW STATEMENT
(Amount - Rs in Lacs )
2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
SOURCES
1.(a) Net Profit 1.28 5.43 7.12 8.07 9.08
(b) Depreciation 1.20 1.20 1.20 1.20 1.20
(c) Increase in capital 1.00 - - - -
(d) Increase in Term Liabilities including
public deposits 11.40 - - - -
(e) Decrease in
(i) Fixed Assets - - - -
(i) Other non-current assets
(f) Others : Subsidy 5.00 - - - -

(g) TOTAL 19.88 6.63 8.32 9.27 10.28

USES
2.(a) Net Loss
(b) Decrease in Term Liabilities including public
deposits 0.30 1.87 2.09 2.32 2.61

(c) Increase in
(i) Fixed Assets 12.00 - - -
(ii) Other non- current assets 5.00 - - - -

(d) Dividend (Proprietor's Withdrawals) 0.32 1.36 1.78 2.02 2.27

(e) Others - - - - -

(f) TOTAL 17.62 3.23 3.87 4.34 4.88

3. Long Term Surplus ( + )/Deficit (-) ( 1 – 2 ) 2.26 3.40 4.45 4.93 5.40
4.Increase / Decrease in Current Assets * ( as per
details given below ) 10.21 3.87 4.52 5.00 5.47
5.Increase / Decrease in Current Liabilities other
than Bank borrowings ) 0.35 0.47 0.07 0.07 0.07
6.Increase/Decrease in Working capital gap(4-5) 9.86 3.40 4.45 4.93 5.40
7. Net Surplus ( + ) / Deficit ( -- ) (7.60) (0.00) - - -
( difference of 3 & 6 )
8.Increase / Decrease in bank borrowings 7.60 - - - -
*Break-up of ( 4 ) :
(i) Increase / Decrease in Raw Materials - - - - -
(ii) Increase / Decrease in Stock-in-Process - - - - -
(iii)Increase / Decrease in Finished Goods 9.00 - 0.75 0.75 0.75
(iv)Increase / Decrease in Receivables
( a ) Domestic 0.30 4.20 3.30 2.70 4.50
( b ) Export
(v)Increase / Decrease in Stores & Spares - - - - -
(vi)Increase / Decrease in Other current assets 0.90 (0.33) 0.47 1.55 0.22
Total 10.21 3.87 4.52 5.00 5.47
MRS. CHHAYA RATHORE
Assesment of Working Capital Requirements
Financial Indicators
PARTICULARS 2023-24 2024-25 2025-26 2026-27 2027-28
Projected Projected Projected Projected Projected
1. Net Sales 36.00 108.00 117.00 126.00 135.00
2. Operating Profit 1.68 7.44 8.91 9.63 10.35
3. Profit After Tax 1.28 5.43 7.12 8.07 9.08
3.1. Gross Profit 6.12 18.36 20.64 22.17 23.70
A. PAT / Net sales( % ) 3.56% 5.03% 6.09% 6.40% 6.73%
B. Operating Profit / Net Sales (%) 4.67% 6.89% 7.62% 7.64% 7.67%
B.1. Gross Profit Ratio 17.00% 17.00% 17.64% 17.60% 17.56%
4. Tangible Net Worth 6.96 11.03 16.37 22.43 29.24
5. Total Outside Liability 19.05 17.64 15.62 13.37 10.82
C. TOL / TNW 2.74 1.60 0.95 0.60 0.37
6. PBDIT 2.88 8.64 10.11 10.83 11.55
7. Interest 0.40 2.01 1.79 1.56 1.27
D. ISCR (PBDIT / Int.) 7.20 4.30 5.65 6.94 9.09
8. Current Assets 15.21 19.07 23.59 28.59 34.06
9. Current Liabilities 9.82 10.50 10.80 11.16 10.82
E. Current Ratio (CA/CL) 1.55 1.82 2.18 2.56 3.15
F. Bank Finance / TCA ( % ) 73.00% 48.39% 30.27% 16.86% 6.49%
G. Gross Sales / Total Current Assets 2.37 5.66 4.96 4.41 3.96
H. Operating Profit / TNW ( % ) 24.14% 67.44% 54.42% 42.94% 35.40%
10. Long Term Debt 11.10 9.23 7.14 4.82 2.21
11. Equity 6.96 11.03 16.37 22.43 29.24
I. Capital Employed 18.06 20.26 23.51 27.25 31.45
J. Debt/Equity Ratio 1.59 0.84 0.44 0.21 0.08
K. Net Profit / Capital Employed (%) 7.09% 26.80% 30.28% 29.62% 28.88%
12. Inventories 9.00 9.00 9.75 10.50 11.25
L. Inventory Turnover Ratio 4.00 12.00 12.00 12.00 12.00
M. Inventory Turnover Period 91.25 30.42 30.42 30.42 30.42
13. Receivables 0.30 4.50 7.80 10.50 15.00
N. Receivables Turnover Ratio 120.00 24.00 15.00 12.00 9.00
O. Receivables Turnover Period 3.04 15.21 24.33 30.42 40.56
14. Payables 0.35 0.81 0.88 0.95 1.01
15. Purchases 36.00 81.00 87.75 94.50 101.25
P. Payables Turnover Ratio 104.35 100.00 100.00 100.00 100.00
Q. Payables Turnover Period 3.50 3.65 3.65 3.65 3.65
MRS. CHHAYA RATHORE
BREAK EVEN ANALYSIS
No Particulars Amount
[A] Sales 117.00
[B] Variable Costs
Raw Material Consumption (100%) 87.75
Utilities (90%) 5.27
Labour (95%) 7.78
Direct Expenses (90%) 3.16
Selling & Administrative Expenses (75%) 1.76
Interest on CC - 105.71
[C] Contribution [A] - [B] 11.29
[D] Fixed Cost 4.17
[E] Break-Even Point [D] ÷ [C] 37%

Data at third year of operation or say 70% of capacity utilisation has been considered.
SALES PROJECTIONS
S.N. PARTICULARS 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Projected Projected Projected Projected Projected Projected Projected

A Capacity Utilization 20% 60% 65% 70% 75% 80% 85%

B Budgeted Capacity (UNITs) 1,500 1,500 1,500 1,500 1,500 1,500 1,500

C Actual Capacity (A*B) 300 900 975 1,050 1,125 1,200 1,275

D Average Receipt per UNIT 12,000 12,000 12,000 12,000 12,000 12,000 12,000

E Total Receipts (C*D) 36,00,000 1,08,00,000 1,17,00,000 1,26,00,000 1,35,00,000 1,44,00,000 1,53,00,000
 Term Loan Repayment Schedule
Loan Amount Rs. 11,40,000/-
Interest Rate 11.00%
Repayment Tenure : 60 Months
Opening Total
Installment Debits Interest Principal Balance
Balance Repayment
2023-24 0.20 0.30
Feb-24 - 11.40 0.10 0.15 0.25 11.25
Mar-24 11.25 0.10 0.15 0.25 11.10
2024-25 1.13 1.87
Apr-24 11.10 0.10 0.15 0.25 10.95
May-24 10.95 0.10 0.15 0.25 10.80
Jun-24 10.80 0.10 0.15 0.25 10.65
Jul-24 10.65 0.10 0.15 0.25 10.50
Aug-24 10.50 0.10 0.15 0.25 10.35
Sep-24 10.35 0.09 0.16 0.25 10.19
Oct-24 10.19 0.09 0.16 0.25 10.03
Nov-24 10.03 0.09 0.16 0.25 9.87
Dec-24 9.87 0.09 0.16 0.25 9.71
Jan-25 9.71 0.09 0.16 0.25 9.55
Feb-25 9.55 0.09 0.16 0.25 9.39
Mar-25 9.39 0.09 0.16 0.25 9.23
2025-26 0.91 2.09
Apr-25 9.23 0.08 0.17 0.25 9.06
May-25 9.06 0.08 0.17 0.25 8.89
Jun-25 8.89 0.08 0.17 0.25 8.72
Jul-25 8.72 0.08 0.17 0.25 8.55
Aug-25 8.55 0.08 0.17 0.25 8.38
Sep-25 8.38 0.08 0.17 0.25 8.21
Oct-25 8.21 0.08 0.17 0.25 8.04
Nov-25 8.04 0.07 0.18 0.25 7.86
Dec-25 7.86 0.07 0.18 0.25 7.68
Jan-26 7.68 0.07 0.18 0.25 7.50
Feb-26 7.50 0.07 0.18 0.25 7.32
Mar-26 7.32 0.07 0.18 0.25 7.14
2026-27 0.68 2.32
Apr-26 7.14 0.07 0.18 0.25 6.96
May-26 6.96 0.06 0.19 0.25 6.77
Jun-26 6.77 0.06 0.19 0.25 6.58
Jul-26 6.58 0.06 0.19 0.25 6.39
Aug-26 6.39 0.06 0.19 0.25 6.20
Sep-26 6.20 0.06 0.19 0.25 6.01
Oct-26 6.01 0.06 0.19 0.25 5.82
Nov-26 5.82 0.05 0.20 0.25 5.62
Dec-26 5.62 0.05 0.20 0.25 5.42
Jan-27 5.42 0.05 0.20 0.25 5.22
Feb-27 5.22 0.05 0.20 0.25 5.02
Mar-27 5.02 0.05 0.20 0.25 4.82
2027-28 0.39 2.61
Apr-27 4.82 0.04 0.21 0.25 4.61
May-27 4.61 0.04 0.21 0.25 4.40
Jun-27 4.40 0.04 0.21 0.25 4.19
Jul-27 4.19 0.04 0.21 0.25 3.98
Aug-27 3.98 0.04 0.21 0.25 3.77
Sep-27 3.77 0.03 0.22 0.25 3.55
Oct-27 3.55 0.03 0.22 0.25 3.33
Nov-27 3.33 0.03 0.22 0.25 3.11
Dec-27 3.11 0.03 0.22 0.25 2.89
Jan-28 2.89 0.03 0.22 0.25 2.67
Feb-28 2.67 0.02 0.23 0.25 2.44
Mar-28 2.44 0.02 0.23 0.25 2.21
2028-29 0.11 2.21
Apr-28 2.21 0.02 0.23 0.25 1.98
May-28 1.98 0.02 0.23 0.25 1.75
Jun-28 1.75 0.02 0.23 0.25 1.52
Jul-28 1.52 0.01 0.24 0.25 1.28
Aug-28 1.28 0.01 0.24 0.25 1.04
Sep-28 1.04 0.01 0.24 0.25 0.80
Oct-28 0.80 0.01 0.24 0.25 0.56
Nov-28 0.56 0.01 0.24 0.25 0.32
Dec-28 0.32 - 0.25 0.25 0.07
Jan-29 0.07 - 0.07 0.07 (0.00)