FINANCIALS (2) - Removed - Removed

1.
PROJECT HIGHLIGHTS :
1 Name & address of the Unit DIJIVIKA DELIGHTS FOOD PRODUCTS PRIVATE LIMITED
Administrative Office & Laxmijote, Binnaguri,
Proposed Factory at: P.O. Sahudangi Hat, P.S. New Jalpaiguri
Dist: Jalpaiguri
2 Constitution & Management Private Limited Company having its Promotors as the Board of Directors.
3 a) Shri. Suresh Kumar Agarwal

Name of the Promoters-cum-Directors b) Shri Sourav Agarwal
c) Smt. Mita Agarwal
4 Scale & Category of the Unit MSME Unit registered with MSME, Minstry of Finance, Govt. of India,
bearing Registration No.-UDYAM-WB-09-0029590, dated-26-06-2024.
5 Nature of Industry Food Processing Industry
6 Nature of activity Manufacturing & Sale of Fryum Chips.
7 Name of the Products and By-products, 15 gm Chips Packet or Rs. 3.50 per Packet
if any, and their average selling prices Bags of 144 Chips Packets of 15 gm each Rs. 504.00 per Bags
8 Annual Installed Capacity Chips Packets of 15 gms each or 10,69,20,000 Packets

Bags of 144 Chips Packets of 15 gm in packet 17,82,000 Bags
9 Working Hours/Days 11 hours per shift;

2 shifts per day;
25 working days per month;
12 months per annum;
10 Annual Production in terms of quantity Year of operation Capacity Production Quantity

Utilization In thousand number of In number
15 gm Chips Packets of Cartoons
2024-25 (4 months) 40% 14,256 2,37,600
2025-26 50% 53,460 8,91,000
2026-27 60% 64,152 10,69,200
2027-28 70% 74,844 12,47,400
2028-29 80% 85,536 14,25,600
2029-30 85% 85,536 14,25,600
11 Details of Factory Land 0.457 acres of land leased at an monthly cost Rs. 1.68 lacs.
Contd……P/2
Page -- 2
12 Break-up of Project Cost & Sources of A) Cost of the Project: Amount
Finance Land & Land Development Rs. Leased lacs
Factory Shed & Other Civil Works Rs. 1.50 lacs
Plant & Machinery Rs. 228.00 lacs
Other Machinery & Equipment Rs. - lacs
Electrical Installations (Inclg. DG Set) Rs. - lacs
Office Furniture & Fixtures Rs. 2.10 lacs
Pre-Operative Expenses Rs. 12.67 lacs
Cash Margin for Bank Guarantee Rs. - lacs
Margin Money for Working Capital Rs. 106.30 lacs
Total Estimated Cost of the Project Rs. 350.57 lacs
B) Sources of Finance
Promoters' Contribution :
Share Capital Rs. 10.00 lacs
Unsecured Loans Rs. 190.57 lacs
Total Promoters' Contribution Rs. 200.57 lacs
Term Loan from Bank Rs. 150.00 lacs
Total Sources of Finance Rs. 350.57 lacs
13 Details of Factory Building & Other Total Constructed Area sqm.

Civil Works Total Estimated Cost Rs. 1.50 lacs
14 Total Cost of the Project Rs. 350.57 lacs
15 Institutional Loans Fund Based:

Term Loan Rs. 150.00 lacs
Working Capital Loan Rs. 50.00 lacs
Total Fund Based Facilities (A) Rs. 200.00 lacs
Non-fund Based:
Bank Guarantee Rs. - lacs
Total Non-fund Facilities (B) Rs. - lacs
Total Facilities (A+B) Rs. 200.00 lacs
16 Promoters' Contribution Partners' Capital Rs. 10.00 lacs

Unsecured Loans Rs. 190.57 lacs
Total Rs. 200.57 lacs
17 Projected Debt-Equity Ratio 0.75
18 Power & Utilities Power: 75 KVA industrial power connection from WBSEDCL
Fuel:
a) HSD-50 litres per day at full capacity for 250 KVA DG Set.
b) Biomass Pellets- 0.84 MT per day
Contd……P/3
Page -- 3
19 Manpower Requirement & Monthly In Production Section:-
Gross Pay Category No. Monthly Gross Pay (Rs.)
Managerial 1 57,500
Supervisory 9 2,58,750
Skilled 10 2,07,000
Unskilled 60 10,35,000
Total 80 15,58,250
In Admn. Section:
Directors 3 3,45,000
Executive 3 86,250
Clericals 2 69,000
Other Staff 4 55,200
Total 12 5,55,450
20 Names of major Raw Materials & Items Quantity Rate (Rs.) Estd. Cost
Consumables (Inclg. Packing Materials) (Rs. in lacs)
& their annual requirement at full Wheat Flour (Maida) 32,07,600 Kgs. 39.38 1,262.99
capacity utilization Palm Oil 3,74,220 Kgs. 138.88 519.72
Taste Maker 8,55,360 Kgs. 105.00 898.13
Onion Oil 25,66,08,000 Kgs. 0.55 1,423.15
Wrapper 2,13,840 Kgs. 126.26 269.99
Total (Exclg. Wt. of Cartoons) 26,12,59,020 Kgs. 4,374.00
21 Projected Payback Period a> Simple Payback Period = 1.22 years

b> Discounted(at 10%) Payback Period = 1.35 years
22 Projected Internal Rate of Return 79.20%
23 Average Gross DSCR 8.63
24 Average Net DSCR 11.25
25 Loans Repayment Programme Term Loan of Rs. 1.5 crores is proposed to commence in August, 2024 (2nd quarter of 2022-23), and ending in
March, 2030 and would be made in 20 quarterly instalments of Rs. 7.5 Lakhs in each quarter.
Cash Credit Loan : On demand.

Contd……P/4
Page -- 4
(Rs. in lacs)
25 First three years' Estimated & Projected Financial Parameters : 2024-25 2025-26 2026-27
Estimated* Projected Projected
Months of operation 4 12 12
Annual Gross Sales Turnover 1,105.40 4,458.90 5,363.60
Annual Net Sales Turnover 987.00 3,981.20 4,788.90
Anual Gross Profit 161.65 657.75 796.10
Gross Profit to Net Sales Ratio 16.38% 16.52% 16.62%
Operating Profit (Before Interest & Tax but after Depreciation) 61.96 271.20 331.83
Operating Profit to Net Sales Ratio 6.28% 6.81% 6.93%
Annual Pre-tax Profit 46.49 232.20 294.32
Net Profit(Pre-tax) to Net Sales Ratio 4.71% 5.83% 6.15%
Annual Post-tax Profit 40.15 169.47 209.91
Net Profit(Post-tax) to Net Sales Ratio 4.07% 4.26% 4.38%
Total Value of Inventory 230.15 294.10 353.10
Stock Turnover Ratio(In months') 0.93 0.89 0.88
Sundry Debtors 69.10 92.90 111.70
Debtors' Turnover Ratio(In months') 0.25 0.25 0.25
Total Long Term Debts (Including Interest bearing Unsecured Loans) 310.57 280.57 250.57
Total Equity(Partners' Capital but excluding Interest bearing Unsecured Loans) 50.15 209.61 394.52
Debt-Equity Ratio 6.19 1.34 0.64
Total Tangible Net Worth(TNW) 240.72 400.18 585.09
Total Outside Liabilities(TOL) 170.00 140.00 110.00
TOL/TNW 0.71 0.35 0.19
Total Current Assets 338.58 473.68 651.72
Total Current Liabilities 80.00 80.00 80.00
Net Working Capital 258.58 393.68 571.72
Current Ratio 4.23 5.92 8.15
Total Fixed Assets(WDV) 184.50 151.10 123.80
Fixed Assets Turnover Ratio 5.35 26.35 38.68
Profit before Interest & Depreciation 73.76 304.60 359.13
Total Interest 15.47 39.00 37.51
Interest Coverage Ratio 4.77 7.81 9.57
Gross DSCR 7.58 4.87 6.00
Net DSCR #DIV/0! 6.85 7.99
General Break-Even-Sales 473.21 1,211.62 1,240.52
General Break-Even-Ratio 17.93% 15.13% 15.48%
Cash Break-Even-Sales 358.75 955.12 1,029.93
Cash Break-Even-Ratio 13.59% 11.92% 12.85%
Profit before Interest & Tax but after Depreciation 61.96 271.20 331.83
Total Capital Employed(Closing figure) 410.72 540.18 695.09
Return on Capital Employed 15.08% 50.21% 47.74%
Total Tangible Assets 400.58 532.58 690.02
Net Sales/Total Tangible Assets 2.46 7.48 6.94
PBT/Total Tangible Assets 11.60% 43.60% 42.65%
Operating Cost to Sales 93.72% 93.19% 93.07%
DIJIVIKA DELIGHTS FOOD PRODUCTS PRIVATE LIMITED
LAXMIJOTE, BINNAGURI, KUNDERDIGHI,
JALPAIGURI, RAJGANJ, WEST BENGAL, INDIA-735135
2. ECONOMIC OUTLINE OF THE PROJECT
(Rs. in lacs)
S.N. Head of Expenditure Amount
1 Land & Land Development
Factory Land (0.457 acres) Leased
2 Factory Shed & Other Civil Works: 1.50
3 Plant & Machinery(As per Annexure - I) 228.00
4 Electrical Installations (Details as per Annexure-II) -
5 Office Furniture & Fixtures (L. S.) 2.10
6 Other Machinery & Equipment (Details as per Annexure-III) -
7 Pre-Operative Expenses (Details as per Annexure-IV) 12.67
8 FDR with Bank as Cash Margin against B/G -
9 Margin Money for Working Capital (Details as per Annexure-V) 106.30
10 Total Cost of the Project 350.57
SOURCES OF FINANCE :
1 Promoters' Contributions :
a> Shareholder's Fund 10.00
b> Quasi Unsecured Loans (9 % p.a.) 190.57
2 Term Loan from Bank (Details as per Annexure-VI) 150.00
4 Total Sources of Finance 350.57

Annexure- I
LIST OF PLANT & MACHINERY
PROPOSED TO BE ACQUIRED
(Amount in Rs.)
Sl. No. Plant & Machineries Unit Make/Model/Suppliers Basic Price GST Local Installation Total Amount
Freight
1 14 HEAD MULTI HEAD LOAD CELL 5 Unit FLEXO PACK MACHINES PVT. 1,22,55,000 22,05,900 - - 1,44,60,900
POUCH PACKING MACHINE (INCLUDING LTD.
ACCESSORIES)
2 PSA NITROGEN GAS GENERATION PLANT 1 Unit M/S. TRIMECH ENGINEERS PVT. 14,31,000 2,83,338 - - 17,14,338
LTD.
3 FOOD PROCESSING MACHINE 1 Unit ECONOMODE FOOD 56,00,000 10,08,000 - - 66,08,000

EQUIPMENT (INDIA) PVT
LTDGAT
Estimated Investment in Plant & Machinery 1,92,86,000 34,97,238 - - 2,27,83,238

Rs. in Lacs 228.00
Annexure - IV
DETAILS OF PRE-OPERATIVE EXPENSES
(Rs. in lacs)
S.NO. P A R T I C U L A R S Amount
1 Consultancy Charges:
a) Consultancy Fees payable to Civil Engineer for preparation of Site & 1.00
Factory Building Plan & Cost Estimates of Civil Works etc.
b> Fees Payable to Financial Consultant 1.00
c) Fees payable to Food Technologist for Technical Guidance &
Product Development 1.00 3.00
2 Upfront Fee for Term Loan 0.80
3 Interest on Term Loan during Construction Period 2.07
4 Mortgage Charges 0.30
5 Travelling & Conveyance 1.00
6 Personnel Training & Recruitment Expenses 1.00
7 Opening Ceremony Expenses 1.00
8 Rent, Rates, Taxes & Insurance 0.50
9 Legal Expenses(Including Auditors' Remuneration) 0.50
10 Salary & Wages during Pre-Production period 2.00
11 Trial Run Expenses 0.50
13 Estimated Investment in Pre-Operative Expenses 12.67

Annexure - V
ASSESSMENT OF WORKING CAPITAL REQUIREMENT &
ASSESSED BANK FINANCE
(Rs. in lacs)
Items Holding/Credit 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31
Period Estimated* Projected Projected Projected Projected Projected Projected
Raw Materials & Consumables(Inclg. Packaging Materials) 0.67 month 160.70 200.90 241.10 281.30 321.50 341.60 361.70
Less: Sundry Creditors for Purchases 0.67 month 138.80 173.50 208.20 242.80 277.50 294.90 312.20
Paid Up Stock 21.90 27.40 32.90 38.50 44.00 46.70 49.50
Fuel (HSD & Biomass Pellets) 0.50 month 0.70 0.90 1.10 1.20 1.40 1.50 1.60
Finished Goods 0.33 month 68.75 92.30 110.90 129.60 148.60 158.65 168.15
Book-debts 0.25 month 69.10 92.90 111.70 130.50 149.20 158.80 168.10
Working Capital Requirement(A) 160.45 213.50 256.60 299.80 343.20 365.65 387.35
Margin for Working Capital :
On Raw Materials ( Paid Up Stock) 75% 16.40 20.60 24.70 28.90 33.00 35.00 37.10
Fuel (HSD & Biomass Pellets) 25% 0.20 0.20 0.30 0.30 0.40 0.40 0.40
On Finished Goods 60% 41.30 55.40 66.50 77.80 89.20 95.20 100.90
On Book-debts 70% 48.40 65.00 78.20 91.40 104.40 111.20 117.70
Total Margin for Working Capital(B) 106.30 141.20 169.70 198.40 227.00 241.80 256.10
Assessed Bank Finance(A - B) 54.15 72.30 86.90 101.40 116.20 123.85 131.25
* Notes: For 4 months only Or say 50.00 70.00 90.00 100.00 120.00 120.00 130.00
Working Capital Assessment has been considered for FY 2024-25
Working Capital for further period beoyond 2024-25 will be funded from Internal Cash Accruals
Annexure - VI
ALLOCATION OF TERM LOAN
(Rs. in lacs)
S.NO. I T E M S ESTIMATED PROMOTERS' MARGIN BANK FINANCE
COST % AMOUNT % AMOUNT
1 Factory Land & Land Development Leased 0% - 100% -
2 Factory Shed & Other Civil Works 1.50 100% 1.50 0% -
3 Plant & Machinery 228.00 32.5% 74.10 67.5% 153.90
4 Electrical Installations - 30% - 70% -
5 Furniture & Fixtures 2.10 100% 2.10 0% -
6 Other Machinery & Equipment - 30% - 70% -
7 Pre-Operative Expenses 12.67 100% 12.67 0% -
8 FDR with Bank as Cash Margin against B/G - 100% - 0% -
9 Margin for Working Capital 106.30 100% 106.30 0% -
10 Total 350.57 196.67 153.90

Or say, Rs. 150.00
lacs
Schedule-I
PROFITABILITY STATEMENT
(Rs. in lacs)
Year of Operation 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31
Estimated* Projected Projected Projected Projected Projected Projected
number of shift/s per day 2 2 2 2 2 2 2
number of working days per annum 100 300 300 300 300 300 300
Annual Installed Capacity in No. of Bags (144 Chips Packets in each Bag) 5,94,000 17,82,000 17,82,000 17,82,000 17,82,000 17,82,000 17,82,000
Average Capacity Utilisation 40.0% 50.0% 60.0% 70.0% 80.0% 85.0% 90.0%
Annual Production Quantity in No. of Bags 2,37,600 8,91,000 10,69,200 12,47,400 14,25,600 15,14,700 16,03,800
Annual Production Quantity in No. of bags (144 packets in each Bag) 2,37,600 8,91,000 10,69,200 12,47,400 14,25,600 15,14,700 16,03,800
Add : Opening Stock-in-Process - - - - - - -
2,37,600 8,91,000 10,69,200 12,47,400 14,25,600 15,14,700 16,03,800
Less : Closing Stock-in-Process - - - - - - -
2,37,600 8,91,000 10,69,200 12,47,400 14,25,600 15,14,700 16,03,800
Add:Opening Stock of Finished Goods - 18,277 24,575 29,561 34,512 39,462 42,004
2,37,600 9,09,277 10,93,775 12,76,961 14,60,112 15,54,162 16,45,804
Less:Closing Stock of Finished Goods 18,277 24,575 29,561 34,512 39,462 42,004 44,481
Annual Sales Quantity in No. of Bags 2,19,323 8,84,702 10,64,214 12,42,449 14,20,650 15,12,158 16,01,323
Average Gross Selling Price per Bag.(In Rs.) 504 504 504 504 504 504 504
Annual Gross Sales Turnover(Rs. in lacs) 1,105.40 4,458.90 5,363.60 6,261.90 7,160.10 7,621.30 8,070.70
Less : GST @12% 118.40 477.70 574.70 670.90 767.20 816.60 864.70
Annual Net Sales Turnover 987.00 3,981.20 4,788.90 5,591.00 6,392.90 6,804.70 7,206.00
Cost of Production :
Raw Materials & Consumables (Including Packaging Materials) (Net of GST) 828.50 3,106.80 3,728.20 4,349.50 4,970.90 5,281.60 5,592.30
Power & Fuel 16.50 61.50 72.90 84.40 95.80 101.60 107.40
Production Wages & Salary 36.10 141.30 178.30 223.30 277.70 317.00 344.90
Repairs & Maintenance 0.80 2.50 2.90 3.40 3.90 4.30 4.70
Miscellaneous Manufacturing Expenses 0.40 1.50 1.80 2.10 2.40 2.55 2.70
Depreciation 11.80 33.40 27.30 22.40 18.30 15.00 12.30
Total Cost of Production 894.10 3,347.00 4,011.40 4,685.10 5,369.00 5,722.05 6,064.30
Add: Opening Stock of Finished Goods - 68.75 92.30 110.90 129.60 148.60 158.65
894.10 3,415.75 4,103.70 4,796.00 5,498.60 5,870.65 6,222.95
Less: Closing Stock of Finished Goods 68.75 92.30 110.90 129.60 148.60 158.65 168.15
Cost of Goods Sold 825.35 3,323.45 3,992.80 4,666.40 5,350.00 5,712.00 6,054.80
*Notes: Commercial Production is envisaged to be commenced from the beginning of Dec, 2024 Contd….P/2
Page--2
Gross Profit 161.65 657.75 796.10 924.60 1,042.90 1,092.70 1,151.20
Administrative & Selling Expenses :
Adm. Salary & Bonus 18.20 65.52 78.62 90.42 103.98 119.58 131.54
Other Adm., Selling & Distribution Expenses (@8.0% of Sales) 78.96 318.50 383.11 447.28 511.43 544.38 576.48
Pre-Operative Expenses W/Off 2.53 2.53 2.53 2.53 2.53 - -
Total 99.69 386.55 464.27 540.23 617.95 663.95 708.02
Operating Profit before Interest & Tax but after Depreciation 61.96 271.20 331.83 384.37 424.95 428.75 443.18
Interest on :
Term Loan 8.28 15.30 11.94 8.70 5.34 2.10 -
Working Capital Loan 1.47 6.55 8.42 9.35 11.22 11.22 12.16
Unsecured Loans 5.72 17.15 17.15 17.15 17.15 17.15 17.15
Interest received on FDR - - - - - - -
Total Interest 15.47 39.00 37.51 35.20 33.71 30.47 29.31
Net Profit before Tax 46.49 232.20 294.32 349.17 391.24 398.28 413.87
Less : Income Tax (As per Working Notes) 6.34 62.73 84.41 99.06 110.26 111.86 115.92
Post-tax Profit 40.15 169.47 209.91 250.11 280.98 286.42 297.96
Net Cash Accruals 54.48 205.40 239.74 275.04 301.81 301.42 310.26
Add : Interest on Term Loan 8.28 15.30 11.94 8.70 5.34 2.10 -
Gross Cash Accruals 62.76 220.70 251.68 283.74 307.15 303.52 310.26
Net Repayment Obligations - 30.00 30.00 30.00 30.00 30.00 -
Add : Interest on Term Loan 8.28 15.30 11.94 8.70 5.34 2.10 -
Gross Repayment Obligations 8.28 45.30 41.94 38.70 35.34 32.10 -
Net Debt Service Coverage Ratio(Net DSCR) #DIV/0! 6.85 7.99 9.17 10.06 10.05 #DIV/0!
Gross Debt Service Coverage Ratio(Gross DSCR) 7.58 4.87 6.00 7.33 8.69 9.46 #DIV/0!
Average Net DSCR 11.25
Average Gross DSCR 8.63
Net Profit(Pre-tax) to Sales Ratio 4.71% 5.83% 6.15% 6.25% 6.12% 5.85% 5.74%
Net Profit(Post-tax) to Sales Ratio 4.07% 4.26% 4.38% 4.47% 4.40% 4.21% 4.13%
Gross Profit to Sales Ratio 16.38% 16.52% 16.62% 16.54% 16.31% 16.06% 15.98%
Average Pre-Profit to Sales Ratio 5.95%
Average Post-Profit to Sales Ratio 4.29%
Average Gross Profit to Sales Ratio 16.30%
Contd….P/3
Page--3
WORKING NOTES :
ASSESSMENT OF INCOME TAX :
Book Profit as per Profitability Statement 46.49 232.20 294.32 349.17 391.24 398.28 413.87
Add: Depreciation charged 11.80 33.40 27.30 22.40 18.30 15.00 12.30
58.29 265.60 321.62 371.57 409.54 413.28 426.17
Less : Depreciation as per Income Tax Rules 33.90 40.10 18.20 15.50 13.20 11.20 9.50
24.39 225.50 303.42 356.07 396.34 402.08 416.67
Less : Set off of Unabsorbed Depreciation (As per Notes) - - - - - - -
Taxable Profit/Loss 24.39 225.50 303.42 356.07 396.34 402.08 416.67
Rate of Company Tax Rate (Including Surcharge & Education Cess) 26.00% 27.82% 27.82% 27.82% 27.82% 27.82% 27.82%
Income Tax Payable 6.34 62.73 84.41 99.06 110.26 111.86 115.92
Notes:
Unabsorbed Depreciation/Business Loss b/f - - - - - - -
Add: Unabsorbed Depreciation/Business Loss during the year - - - - - - -
- - - - - - -
Less: Set off of Unabsorbed Depreciation/Business Loss during the year - - - - - - -
Unabsorbed Depreciation/Business Loss c/f - - - - - - -
Schedule-II
BALANCE SHEETS
(Rs. in lacs)
Year of Operation Pre-Operation 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31
LIABILITIES : Period Estimated* Projected Projected Projected Projected Projected Projected
Shareholder's Fund :
Equity Share Capital 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00
Profit & Loss Account - 40.15 209.61 409.52 634.63 865.61 1,077.03 1,274.99
Less : Dividend to Promoters - - 10.00 25.00 50.00 75.00 100.00 150.00
Closing Balance c/f 10.00 50.15 209.61 394.52 594.63 800.61 987.03 1,134.99
Secured Loans :
Term Loan 150.00 120.00 90.00 60.00 30.00 - - -
Working Capital Loan - 50.00 50.00 50.00 50.00 50.00 50.00 50.00
150.00 170.00 140.00 110.00 80.00 50.00 50.00 50.00
Unsecured Loans ( Quasi Capital) 190.57 190.57 190.57 190.57 190.57 190.57 190.57 190.57
Total Liabilities 350.57 410.72 540.18 695.09 865.20 1,041.18 1,227.60 1,375.56
Contd..P/2
Page---2
ASSETS : Estimated* Projected Projected Projected Projected Projected Projected
Fixed Assets :
Gross Block (Net of GST) 196.30 196.30 196.30 196.30 196.30 196.30 196.30 196.30
Less : Accumulated Depreciation - 11.80 45.20 72.50 94.90 113.20 128.20 140.50
Net Block 196.30 184.50 151.10 123.80 101.40 83.10 68.10 55.80
Current Assets, Loans & Advances :

Inventories :
Raw Materials & Consumables (Inclg. Packaging Materials) - 160.70 200.90 241.10 281.30 321.50 341.60 361.70
Fuel for DG Set & Boiler - 0.70 0.90 1.10 1.20 1.40 1.50 1.60
Finished Goods - 68.75 92.30 110.90 129.60 148.60 158.65 168.15
Total Inventories - 230.15 294.10 353.10 412.10 471.50 501.75 531.45
Book-Debts - 69.10 92.90 111.70 130.50 149.20 158.80 168.10
Cash & Bank Balances 106.30 39.33 86.68 186.92 294.97 377.38 504.75 669.81
Other Misc. Assets - - 50.00 75.00 100.00 150.00 200.00 250.00
Input Credit Receivables on GST (As per Notes) 35.30 48.30 63.30 79.70 98.50 119.50 91.10 14.60
Total Current Assets 141.60 386.88 586.98 806.42 1,036.07 1,267.58 1,456.40 1,633.96
Current Liabilities
Term Loan Repayable within 1 yr 30.00 30.00 30.00 30.00 30.00 - -
Sundry Creditors - 138.80 173.50 208.20 242.80 277.50 294.90 312.20
Other Misc Liabilities - 2.00 2.00 2.00 2.00 2.00 2.00 2.00
Total Current Liabilities - 170.80 205.50 240.20 274.80 309.50 296.90 314.20
Net Current Assets 141.60 216.08 381.48 566.22 761.27 958.08 1,159.50 1,319.76
Miscellaneous Expenditure :
(To the extent not written off or adjusted)
Pre-Operative Expenses 12.67 10.14 7.60 5.07 2.53 - - -
Total Assets 350.57 410.72 540.18 695.09 865.20 1,041.18 1,227.60 1,375.56
Notes :
Excess Cash & Bank Balances as reflected in the above Balance Sheets is on account of Non Cash Expenditure like Depreciation and Amortization
Excess Cash & Bank Balances as reflected in the above Balance Sheets may be utilised for the following purposes :
1> Financing any expansion and/or modernization project;
2> Financing any new similar project;
3> Meeting any unforseen contingencies.
Contd..P/3
ADJUSTMENT OF INPUT CREDIT RECEIVABLES ON GST
Year of Operation Pre-optn. Period 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31
Opening Balance b/f - 35.30 48.30 63.30 79.70 98.50 119.50 91.10
Add: Credited during the year on:Capital Goods 35.30 - - - - - - -
Add: Credited during the year on Raw Materials & Other Inputs - 131.40 492.70 591.10 689.70 788.20 788.20 788.20
Total 35.30 166.70 541.00 654.40 769.40 886.70 907.70 879.30
Less : GST charged during the year - 118.40 477.70 574.70 670.90 767.20 816.60 864.70
Closing Balance c/f 35.30 48.30 63.30 79.70 98.50 119.50 91.10 14.60
GST to be paid during the year - - - - - - - -
Schedule-III
CASH FLOW STATEMENT
(Rs. in lacs)
INFLOW OF CASH : Period Estimated* Projected Projected Projected Projected Projected Projected
Profit before Interest & Tax but after Depreciation - 61.96 271.20 331.83 384.37 424.95 428.75 443.18
Infusion of Capital by Promoters 10.00 - - - - - - -
Borrowing of Term Loan from Bank 150.00 - - - - - - -
Borrowing of Unsecured Loans 190.57 - - - - - - -
Increase in Bank Borrowings for Working Capital - 50.00 - - - - - -
Decrease in Input Credit Receivables on GST - (13.00) (15.00) (16.40) (18.80) (21.00) 28.40 76.50
Depreciation & Pre-Opt. Expenses W/Off - 14.33 35.93 29.83 24.93 20.83 15.00 12.30
Increase in Working Capital :

Sundry Creditors 138.80 34.70 34.70 34.60 34.70 17.40 17.30
Other Misc Liabilities 2.00 - - - - - -
Total Cash Inflow 350.57 254.09 326.83 379.96 425.10 459.49 489.55 549.28
Contd..P/2
Page---2
OUTFLOW OF CASH : Period Estimated* Projected Projected Projected Projected Projected Projected
Acquisition of Fixed Assets (Net of GST) 196.30 - - - - - - -
Pre-Operative Expenses 12.67 - - - - - - -
Increase in FDR against Bank Guarantee -
Repayment of Term Loan - - 30.00 30.00 30.00 30.00 30.00 -
Payment of Interest on Term Loan - 8.28 15.30 11.94 8.70 5.34 2.10 -
Payment of Interest on Working Capital Loan - 1.47 6.55 8.42 9.35 11.22 11.22 12.16
Payment of Interest on Unsecured Loans - 5.72 17.15 17.15 17.15 17.15 17.15 17.15
Payment of Firm Tax - 6.34 62.73 84.41 99.06 110.26 111.86 115.92
Increase in Working Capital :

Inventories - 230.15 63.95 59.00 59.00 59.40 30.25 29.70
Book-Debts - 69.10 23.80 18.80 18.80 18.70 9.60 9.30
Increase in Other Current Assets - - 50.00 25.00 25.00 50.00 50.00 50.00
Increase in Input Credit Receivables on GST 35.30 - - - - - - -
Dividend to Promotors - - 10.00 25.00 50.00 75.00 100.00 150.00
Total Cash Outflow 244.27 321.06 279.48 279.72 317.06 377.07 362.18 384.23
Opening Cash & Bank Balances - 106.30 39.33 86.68 186.92 294.97 377.38 504.75
Net Surplus/(Deficit) 106.30 (66.97) 47.35 100.24 108.04 82.41 127.37 165.06
Closing Cash & Bank Balances 106.30 39.33 86.68 186.92 294.97 377.38 504.75 669.81
Schedule-IV
BREAK-EVEN-POINT ANALYSIS STATEMENT
(Rs. in lacs)
Year of Operation Proportion 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31
Average Capacity Utilization 40% 50% 60% 70% 80% 85% 90%
Total Sales Turnover 987.00 3,981.20 4,788.90 5,591.00 6,392.90 6,804.70 7,206.00
Add: Closing Stock of Finished Goods & W-I-P 68.75 92.30 110.90 129.60 148.60 158.65 168.15
Less: Opening Stock of Finished Goods & W-I-P - 68.75 92.30 110.90 129.60 148.60 158.65
Adjusted Sales Turnover 1,055.75 4,004.75 4,807.50 5,609.70 6,411.90 6,814.75 7,215.50
Pre-tax Profit 46.49 232.20 294.32 349.17 391.24 398.28 413.87
VARIABLE COST :
Raw Materials Consumed (Inclg. Packing Materials) 100% 828.50 3,106.80 3,728.20 4,349.50 4,970.90 5,281.60 5,592.30
Power & Fuel - 15.20 57.50 68.90 80.40 91.80 97.60 103.40
Repairs & Maintenance 70% 0.56 1.70 2.10 2.60 3.10 3.50 3.90
Production Wages & Salary 70% 43.61 137.40 158.01 181.71 208.97 229.87 241.36
Administrative Salary & Bonus 50% 9.10 32.76 39.31 45.21 51.99 59.79 65.77
Miscellaneous Mfg. Expenses 100% 0.40 1.50 1.80 2.10 2.40 2.55 2.70
Administrative, Selling & Distribution Expenses - 24.70 99.50 119.70 139.80 159.80 170.10 180.20
Interest on Working Capital Loan 100% 1.47 6.55 8.42 9.35 11.22 11.22 12.16
Total Annual Variable Cost 923.54 3,443.71 4,126.44 4,810.67 5,500.18 5,856.22 6,201.79
Contd…P/2
Page---2
Year of Operation Proportion 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31
FIXED COST : Estimated* Projected Projected Projected Projected Projected Projected
Repairs & Maintenance 30% 0.24 0.80 0.80 0.80 0.80 0.80 0.80
Power & Fuel - 1.30 4.00 4.00 4.00 4.00 4.00 4.00
Production Wages & Salary 30% 18.69 58.90 67.70 77.90 89.60 98.60 103.50
Administrative Salary & Bonus 50% 9.10 32.76 39.31 45.21 51.99 59.79 65.77
Other Adm., Selling & Distribution Expenses - 1.60 4.90 5.00 5.10 5.20 5.30 5.40
Interest on Term Loan 100% 8.28 15.30 11.94 8.70 5.34 2.10 -
Interest on Unsecured Loans 100% 5.72 17.15 17.15 17.15 17.15 17.15 17.15
Interest on FDR 100% - - - - - - -
Depreciation & Pre-Opt. Expenses W/Off 100% 14.33 35.93 29.83 24.93 20.83 15.00 12.30
Total Annual Fixed Cost 59.26 169.74 175.74 183.79 194.91 202.74 208.92
CONTRIBUTION 132.21 561.04 681.06 799.03 911.72 958.53 1,013.71
CASH CONTRIBUTION 146.54 596.97 710.89 823.96 932.55 973.53 1,026.01
BREAK-EVEN-POINT(In Values) 473.21 1,211.62 1,240.52 1,290.32 1,370.75 1,441.40 1,487.07
BREAK-EVEN-RATIO 17.9% 15.1% 15.5% 16.1% 17.1% 18.0% 18.5%
CASH BREAK-EVEN-POINT(In Values) 358.75 955.12 1,029.93 1,115.27 1,224.23 1,334.75 1,399.52
CASH BREAK-EVEN RATIO 13.6% 11.9% 12.9% 13.9% 15.3% 16.6% 17.5%
PROFIT VOLUME RATIO (P/V RATIO) 12.5% 14.0% 14.2% 14.2% 14.2% 14.1% 14.0%
CASH P/V RATIO 13.9% 14.9% 14.8% 14.7% 14.5% 14.3% 14.2%
MARGIN OF SAFETY(MOS) 582.54 2,793.13 3,566.98 4,319.38 5,041.15 5,373.35 5,728.43
CASH MARGIN OF SAFETY(CASH MOS) 697.00 3,049.63 3,777.57 4,494.43 5,187.67 5,480.00 5,815.98
BEP SALES TO TOTAL SALES RATIO 44.8% 30.3% 25.8% 23.0% 21.4% 21.2% 20.6%
CASH BEP SALES TO TOTAL SALES RATIO 34.0% 23.8% 21.4% 19.9% 19.1% 19.6% 19.4%
MOS TO TOTAL SALES RATIO 55.2% 69.7% 74.2% 77.0% 78.6% 78.8% 79.4%
CASH MOS TO TOTAL SALES RATIO 66.0% 76.2% 78.6% 80.1% 80.9% 80.4% 80.6%
Schedule-V
CALCULATION OF PAY-BACK PERIOD
(Rs. in lacs)
Year of Cash Inflow Cumulative Cash Discounting Discounted Cash Cumulative Discounted
Operation from Operation Inflow from Operation Factor at 10% Inflow from Operation Cash Inflow from Operation
2024-25 76.29 76.29 0.968 73.83 73.83

(4 months)
2025-26 307.13 383.42 0.880 270.21 344.03
2026-27 361.66 745.09 0.800 289.25 633.29
2027-28 409.30 1154.39 0.727 297.60 930.88
2028-29 445.79 1600.18 0.661 294.66 1225.54
2029-30 443.75 2043.92 0.601 266.64 1492.18
2030-31 455.48 2499.41 0.546 248.82 1741.00
Simple Pay-back Period :

Estimated Total Project Cost ----------------------------------------------------- 350.57
Less : Interest on Term Loan during Construction Period 2.07
Adjusted Cost of the Project 348.50
Less: Cumulative Cash Inflow from Operation upto 2024-25 = 76.29
272.21
Cash Inflow from Operation in in the year 2025-26 307.13
No. of months required to get Cash Inflow of Rs. 272.21 lacs 10.6
Simple Pay-back Period in terms of years is, therefore, 1.22
Discounted Pay-back Period :(Discounted at 10% )

Estimated Total Project Cost ----------------------------------------------------- 350.57
Less : Interest on Term Loan during Pre-Operative Period 2.07
Adjusted Cost of the Project 348.50
Less : Discounted Cum. Cash Inflow from Operation upto 2025-26 344.03
4.47
Discounted Cash Inflow from Operation in the year 2026-27 289.25
No. of months required to get Cash Inflow of Rs. 4.47 lacs 0.2
Discounted Pay-back Period in terms of years is, therefore, 1.35
Schedule-VI
CALCULATION OF INTERNAL RATE OF RETURN(IRR)
(Rs. in lacs)
<-----CASH OUTFLOW------> <-----CASH INFLOW----->
Year of Capital Increase in Work- Total Cash Cash Inflow Disposal Value of Total Cash Net Cash
Operation Expenditure ing Capital Outflow from Operation Fixed Assets & Inflow Flow
Investment Working Capital
Pre-Optn. 244.27 0.00 244.27 0.00 0.00 0.00 -244.27

Period
2024-25 0.00 160.45 160.45 76.29 0.00 76.29 -84.16
(4 months)
2025-26 0.00 53.05 53.05 307.13 0.00 307.13 254.08
2026-27 0.00 43.10 43.10 361.66 0.00 361.66 318.56
2027-28 0.00 43.20 43.20 409.30 0.00 409.30 366.10
2028-29 0.00 43.40 43.40 445.79 0.00 445.79 402.39
2029-30 0.00 22.45 22.45 443.75 0.00 443.75 421.30
2030-31 0.00 21.70 21.70 455.48 443.15 898.63 876.93

Year of Net Cash Discounting Discounted Net Cash Discounting Discounted Net Cash
Operation Flow Factor at 80.0% Flow at 80.0% Factor at 79.20% Flow at 79.20%
Pre-Optn. -244.27 1.000 -244.27 1.000 -244.27

Period
2024-25 -84.16 0.789 -66.44 0.791 -66.58
2025-26 254.08 0.439 111.44 0.441 112.17
2026-27 318.56 0.244 77.62 0.246 78.48
2027-28 366.10 0.135 49.56 0.137 50.33
2028-29 402.39 0.075 30.26 0.077 30.87
2029-30 421.30 0.042 17.60 0.043 18.04
2030-31 876.93 0.023 20.35 0.024 20.95
Net Present Value -3.87 0.00

Internal Rate of Return(IRR) is, therefore, 79.20%
Notes :
1> Capital Expenditure = Total Capital Cost minus Interest on Term Loan during Construction Period.
2> Cash Inflow from Operation = Pre-Tax Profit plus Interest plus Depreciation & Pre-Opt. Exp. W/Off.
3> Written down value at the end of 2030-31 is presumed to be the disposal value of Fixed Assets.
4> Book value is presumed to be the disposal value of Working Capital at the end of 2030-31.
Schedule-VII
KEY FINANCIAL PARAMETERS & RATIOS
(Rs. in lacs)
Year of Operation Pre-optn. 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31
Total Sales Turnover - 987.00 3,981.20 4,788.90 5,591.00 6,392.90 6,804.70 7,206.00
Projected Growth in Sales Turnover - - 303.4% 20.3% 16.7% 14.3% 6.4% 5.9%
Gross Profit - 161.65 657.75 796.10 924.60 1,042.90 1,092.70 1,151.20
Gross Profit Ratio - 0.16 0.17 0.17 0.17 0.16 0.16 0.16
Net Profit before Tax(PBT) - 46.49 232.20 294.32 349.17 391.24 398.28 413.87
Net Profit Ratio - 4.71% 5.83% 6.15% 6.25% 6.12% 5.85% 5.74%
Cash Profit - 60.82 268.13 324.15 374.10 412.08 413.28 426.17
Net Worth(Including Unsecured Loans) 200.57 240.72 400.18 585.09 785.20 991.18 1,177.60 1,325.56
Return on Net Worth - 19.31% 58.02% 50.30% 44.47% 39.47% 33.82% 31.22%
Capital Employed 350.57 410.72 540.18 695.09 865.20 1,041.18 1,227.60 1,375.56
Return on Capital Employed - 15.08% 50.21% 47.74% 44.43% 40.81% 34.93% 32.22%
Gross DSCR - 7.58 4.87 6.00 7.33 8.69 9.46 #DIV/0!
Net DSCR - #DIV/0! 6.85 7.99 9.17 10.06 10.05 #DIV/0!
Internal Rate of Return(IRR) 79.20%
Total Debts 150.00 120.00 90.00 60.00 30.00 - - -
Total Equity(Treating Unsecured Loans as Quasi-Equity Fund
200.57 240.72 400.18 585.09 785.20 991.18 1,177.60 1,325.56
Debt-Equity Ratio 0.75 0.50 0.22 0.10 0.04 - - -
Contd…..P/2
Page --2
Year of Operation Pre-optn. 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31
Total Current Assets 141.60 386.88 586.98 806.42 1,036.07 1,267.58 1,456.40 1,633.96
Total Current Liabilities(Incl. TL Installments due within 1 yr.) - 220.80 255.50 290.20 324.80 359.50 346.90 364.20
Current Ratio #DIV/0! 1.75 2.30 2.78 3.19 3.53 4.20 4.49
Total Fixed Assets(W.D.V.) 196.30 184.50 151.10 123.80 101.40 83.10 68.10 55.80
Fixed Assets Turnover Ratio - 5.35 26.35 38.68 55.14 76.93 99.92 129.14
Profit before Depreciation, Interest & Tax - 73.76 304.60 359.13 406.77 443.25 443.75 455.48
Interest - 15.47 39.00 37.51 35.20 33.71 30.47 29.31
Interest Coverage Ratio - 4.77 7.81 9.57 11.56 13.15 14.56 15.54
Total Tangible Net Worth 200.57 240.72 400.18 585.09 785.20 991.18 1,177.60 1,325.56
Total Outside Liabilities 150.00 340.80 345.50 350.20 354.80 359.50 346.90 364.20
TOL/TNW 0.75 1.42 0.86 0.60 0.45 0.36 0.29 0.27
Break-Even-Point(In Value) - 473.21 1,211.62 1,240.52 1,290.32 1,370.75 1,441.40 1,487.07
Break-Even Ratio(% of Installed Capacity) - 17.93% 15.13% 15.48% 16.10% 17.10% 17.98% 18.55%
Cash Break-Even-Point(In Value) - 358.75 955.12 1029.93 1115.27 1224.23 1334.75 1399.52
Cash Break-Even Ratio - 13.59% 11.92% 12.85% 13.92% 15.27% 16.65% 17.46%
Net Sales - 987.00 3,981.20 4,788.90 5,591.00 6,392.90 6,804.70 7,206.00
Total Tangible Assets 337.90 400.58 532.58 690.02 862.67 1,041.18 1,227.60 1,375.56
Net Sales/Total Tangible Assets N. A. 2.46 7.48 6.94 6.48 6.14 5.54 5.24
PBT/Total Tangible Assets N. A. 11.60% 43.60% 42.65% 40.48% 37.58% 32.44% 30.09%
Operating Cost to Sales N. A. 93.72% 93.19% 93.07% 93.13% 93.35% 93.70% 93.85%
Appendix-I
DETAILS OF INSTALLED CAPACITY, PROPOSED
CAPACITY UTILIZATION & PROJECTED ANNUAL PRODUCTION
Maximum Production per hour (In terms of No. of 15 gm Chips packets) 38,880
Number of Packets in one Bag 144
Maximum Production per hour (In terms of No. of Bags) 270
No. of hours per shift 11
Maximum Production per shift (In terms of No. of Bags) 2,970
No. of shifts per day 2
Maximum Production per day (In terms of No. of Bags) 5,940
Maximum No. of Working Days per month 25
Maximum Production per month (In terms of No. of Bags) 1,48,500
Maximum Production per annum (In terms of No. of Bags) 17,82,000
Hence, Annual Installed Capacity of the proposed Chips Mfg. Plant based on double 17,82,000
shifts (11 hours per shift) operation & 300 working days works out at Bags
Year wise targetted Capacity Utilization & Annual Production :
Year of Capacity Annual Production

Operation Utilization Qty.(No. of Bags) Value (Rs. in crores)
2024-25 40% 2,37,600 12.00
(4 months)
2025-26 50% 8,91,000 44.90
2026-27 60% 10,69,200 53.90
2027-28 70% 12,47,400 62.90
2028-29 80% 14,25,600 71.90
2029-30 85% 15,14,700 76.30
2030-31 90% 16,03,800 80.80

Appendix-II
DETAILS OF RAW MATERIALS REQUIREMENT
(Including Packaging Materials)
Annual Installed Capacity (144 packets in each Bag) 17,82,000 Bag
Raw Materials & Packaging Materials required at full capacity utilization: (Rs. in lacs)
Items Required per Bag Annual require- Gross Rate Gross Rate of Input Credit Net Cost
ment (In kg.) (In Rs.) Cost GST on GST
PAPAD 1,800 gm. 32,07,600 39.38 1,262.99 5% 63.15 1,199.84
MASALA 210 gm. 3,74,220 138.88 519.72 12% 62.37 457.35
OIL 480 gm. 8,55,360 105.00 898.13 5% 44.91 853.22
TOYS 144 pcs 25,66,08,000 0.55 1,423.15 18% 256.17 1,166.98
Plastic Bags 120 gm. 2,13,840 126.26 269.99 18% 48.60 221.40
Packing Material 750 gm. 13,36,500 211.22 2,822.96 18% 508.13 2,314.82
Total 7,196.90 983.30 6,213.60
Year wise Annual Raw Material Cost (Including Packaging Materials) at different capacity utilization :
(Rs. in lacs)
Year of operation Capacity Utilization Gross Cost of Raw Materials Input Credit on GST Net Cost (Net of GST)
2024-25 (4 months) 40% 959.60 131.10 828.50
2025-26 50% 3,598.50 491.70 3,106.80
2026-27 60% 4,318.10 589.90 3,728.20
2027-28 70% 5,037.80 688.30 4,349.50
2028-29 80% 5,757.50 786.60 4,970.90
2029-30 85% 6,117.40 835.80 5,281.60
2030-31 90% 6,477.20 885.00 5,592.20
Appendix-III
DETAILS OF POWER & UTILITIES
COMPUTATION OF FIXED POWER & FUEL COST :

a) Demand Charges :
Maximum Power Load Required 75 KVA
Monthly Demand Charges per KVA Rs. 300
Annual Demand Charges Rs. 2,70,000 (A)
b> Lighting & Other Potable Uses :

Power to be consumed for Lighting Purposes 2.0 KVA
Daily Consumption per day of 19 hours (80% of 24 hours) 41.40 Unit
Total Monthly Consumption Rs. 1,035 Unit
Annual Consumption Rs. 12,420 Unit
Average Tariff Rate per Unit (Including Cost of HSD for DG Set) Rs. 7.50
Estimated Electric Power Cost for Lighting & Other Potable Purposes Rs. 93,150 (B)
c>Meter Rent(@Rs.3,000/- per month) Rs. 36,000 (C)

Total Annual Fixed Power Cost (A+B+C) Rs. 3,99,150 Or say, Rs. 4.00 lacs
Contd…P/2
Page--2
COMPUTATION OF VARIABLE POWER & FUEL COST:
a) Variable Power Cost:
Average Power Load Requirement 160 KVA
Expected time, the Unit will remain in operation in a day 23 Hours
Less : Expected time the Unit will face power cut in a day (@ 10% of total time) 2.3 Hours
Expected time the Unit will operate by electric power to be supplied by WBSEDCL 20.7 Hours
Per hour consumption of electric power 160 Units
Per day consumption of electric power 3,312 Units
Number of Working Days per month 25
Monthly consumption of electric power (Based on 25 working days) 82,800 Units
Annual consumption of electric power 9,93,600 Units
Estimated Current Price per Unit of electricity for industrial use Rs. 7.50
Cost of Annual Consumption of Electric Power at full capacity utilization Rs. 74,52,000
Or say, Rs. 74.52 lacs
Contd…P/3
Page--3
b) Variable Fuel Cost:
i) HSD for 250 KVA DG Set :
Per hour Consumption 16 litres
Expected time the Unit will face power cut in a day 2.3 hours
HSD Consumption at full capacity utilization 37 litres
Estimated Cost of HSD per litre Rs. 100
Cost of Daily Consumption of HSD Rs. 3,680
Cost of monthly consumption (25 working days per month) Rs. 92,000
Cost of Annual Consumption of HSD (300 working days per annum) Rs. 11,04,000
Or say Rs. 11.00 lacs
ii) Fuel for Boiler:
The Unit will use Biomass Pellets as fuel for its Boiler.
Consumption per hour is estimated at 35 kg.
Consumption per shift of 11.5 hours 420 kg.
Consumption per day of double shifts 840 kg.
Consumption per month of 25 working days 21,000 kg.
Consumption per annum of 12 months 2,52,000 kg.
Estimated cost per kg. Rs. 16.80
Estimated Cost of Annual Consumption at full capacity utilization Rs. 42,33,600
Or say Rs. 42.30 lacs
Contd…P/4
Page--4
Total Cost of Fuel : (Rs. in lacs)
Average Capacity Utilization 40% 50% 60% 70% 80% 85% 90%
Cost of Biomass Pellets 5.60 21.20 25.40 29.60 33.80 36.00 38.10
Total Cost of Fuel (Inclusive of GST) 5.60 21.20 25.40 29.60 33.80 36.00 38.10
Less : GST Input Credit on Biomass Pellets(@5%) 0.30 1.00 1.20 1.40 1.60 1.70 1.80
Net Variable Cost of Fuel 5.30 20.20 24.20 28.20 32.20 34.30 36.30
COMPUTATION OF TOTAL POWER & FUEL COST : (Rs. in lacs)

Average Capacity Utilization 40.0% 50.0% 60.0% 70.0% 80.0% 85.0% 90.0%
Fixed Power Cost 1.30 4.00 4.00 4.00 4.00 4.00 4.00
Variable Power Cost 9.90 37.30 44.70 52.20 59.60 63.30 67.10
Variable Fuel Cost 5.30 20.20 24.20 28.20 32.20 34.30 36.30
Annual Cost of Power & Utilities 16.50 61.50 72.90 84.40 95.80 101.60 107.40
Appendix-IV
DETAILS OF PERSONNEL REQUIREMENT &
ANNUAL EMOLUMENTS
A. Production Section :(Double Shift at 100% Capacity Utilization at today's prices)

(In Rs.)
Categories Nos. Monthly Pay Total
1 Factory Manager 1 50,000 50,000
2 Factory Supervisors 3 25,000 75,000
3 Packing Machine Operators 4 25,000 1,00,000
4 Fryer Machine Operator 2 25,000 50,000
5 Skilled Workers 10 18,000 1,80,000
6 Unskilled Workers 60 15,000 9,00,000
Total 80 13,55,000
Add : Fringe Benefits(@15%) 2,03,250
Monthly Production Wages & Salary 15,58,250
B. Administrative Section :
1 Directors 3 1,00,000 3,00,000
2 Sales Executives 3 25,000 75,000
3 Accountant 2 30,000 60,000
4 Security Guards 3 12,000 36,000
5 Sweepers 1 12,000 12,000
Total 9 4,83,000
Add : Fringe Benefits(@15%) 72,450

Monthly Adm. Salary 5,55,450
Appendix-V
COMPUTATION OF DEPRECIATION
(As per Companies Act, 2013)
(For Profitability Estimates)
(Rs. in lacs)
Name of Fixed Assets Factory Land & Factory Shed & Plant & Electrical Other Mach. Computer Furniture Total
Land Development Other Civil Works Machinery Installations & Equipment Equipment & Fixtures
Rate of Depreciation(W.D.V. Method) 0.00% 9.50% 18.10% 25.89% 25.89% 63.16% 25.89% -
Estimated Cost of Fixed Assets (Including GST) Leased 1.50 228.00 - - - 2.10 231.60
Less: GST Input Credit Receivables on Capital Goods - - 35.00 - - - 0.25 35.30
Estimated Cost of Fixed Assets - 1.50 193.00 - - - 1.85 196.30
Less: Depreciation for 2024-25 ( 4 months only) - 0.05 11.58 - - - 0.16 11.80
- 1.45 181.42 - - - 1.69 184.50
Less: Depreciation for 2025-26 - 0.14 32.84 - - - 0.44 33.40
- 1.31 148.58 - - - 1.25 151.10
- 1.19 121.69 - - - 0.93 123.80
- 1.08 99.66 - - - 0.69 101.40
- 0.98 81.62 - - - 0.51 83.10
- 0.89 66.85 - - - 0.38 68.10
Less :Depreciation for 2030-31 - 0.08 12.10 - - - 0.10 12.30
- 0.81 54.75 - - - 0.28 55.80
Appendix-V
COMPUTATION OF DEPRECIATION
(As per Income Tax Rules)
(Rs. in lacs)
Name of Fixed Assets Factory Factory Shed & Plant & Electrical Other Mach. Computer Furniture Total
Land Other Civil Works Machinery Installations & Equipment Equipment & Fixtures
Rate of Depreciation(Written Down Value Method) 0% 10% 15.00% 15.00% 15.00% 40.00% 10.00% -
Estimated Cost of Fixed Assets - 1.50 193.00 - - - 1.85 196.30
Depreciation for the first year - 0.15 33.78 - - - 0.18 34.11
- 1.35 159.23 - - - 1.67 162.24
Depreciation for the second year - 0.14 39.81 - - - 0.17 40.12
- 1.21 119.42 - - - 1.50 122.12
Depreciation for the third year - 0.12 17.91 - - - 0.15 18.18
- 1.09 101.51 - - - 1.35 103.94
Depreciation for the fourth year - 0.11 15.23 - - - 0.13 15.47
- 0.98 86.28 - - - 1.22 88.47
Depreciation for the fifth year - 0.10 12.94 - - - 0.12 13.16
- 0.88 73.34 - - - 1.10 75.31
Depreciation for the sixth year - 0.09 11.00 - - - 0.11 11.20
- 0.79 62.34 - - - 0.99 64.11
Depreciation for the seventh year - 0.08 9.35 - - - 0.10 9.53
- 0.71 52.99 - - - 0.89 54.58
For First Year since operation will be for four months only, Hence depreciation charged for @ 50%

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FINANCIALS (2) - Removed - Removed

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1.

3 a) Shri. Suresh Kumar Agarwal

5 Nature of Industry Food Processing Industry

6 Nature of activity Manufacturing & Sale of Fryum Chips.

8 Annual Installed Capacity Chips Packets of 15 gms each or 10,69,20,000 Packets

9 Working Hours/Days 11 hours per shift;

10 Annual Production in terms of quantity Year of operation Capacity Production Quantity

13 Details of Factory Building & Other Total Constructed Area sqm.

14 Total Cost of the Project Rs. 350.57 lacs

15 Institutional Loans Fund Based:

16 Promoters' Contribution Partners' Capital Rs. 10.00 lacs

17 Projected Debt-Equity Ratio 0.75

21 Projected Payback Period a> Simple Payback Period = 1.22 years

22 Projected Internal Rate of Return 79.20%

23 Average Gross DSCR 8.63

24 Average Net DSCR 11.25

Cash Credit Loan : On demand.

2 Factory Shed & Other Civil Works: 1.50

3 Plant & Machinery(As per Annexure - I) 228.00

4 Electrical Installations (Details as per Annexure-II) -

5 Office Furniture & Fixtures (L. S.) 2.10

6 Other Machinery & Equipment (Details as per Annexure-III) -

7 Pre-Operative Expenses (Details as per Annexure-IV) 12.67

8 FDR with Bank as Cash Margin against B/G -

9 Margin Money for Working Capital (Details as per Annexure-V) 106.30

10 Total Cost of the Project 350.57

2 Term Loan from Bank (Details as per Annexure-VI) 150.00

4 Total Sources of Finance 350.57

3 FOOD PROCESSING MACHINE 1 Unit ECONOMODE FOOD 56,00,000 10,08,000 - - 66,08,000

Estimated Investment in Plant & Machinery 1,92,86,000 34,97,238 - - 2,27,83,238

2 Upfront Fee for Term Loan 0.80

3 Interest on Term Loan during Construction Period 2.07

4 Mortgage Charges 0.30

5 Travelling & Conveyance 1.00

6 Personnel Training & Recruitment Expenses 1.00

7 Opening Ceremony Expenses 1.00

8 Rent, Rates, Taxes & Insurance 0.50

9 Legal Expenses(Including Auditors' Remuneration) 0.50

10 Salary & Wages during Pre-Production period 2.00

11 Trial Run Expenses 0.50

13 Estimated Investment in Pre-Operative Expenses 12.67

On Book-debts 70% 48.40 65.00 78.20 91.40 104.40 111.20 117.70

2 Factory Shed & Other Civil Works 1.50 100% 1.50 0% -

3 Plant & Machinery 228.00 32.5% 74.10 67.5% 153.90

4 Electrical Installations - 30% - 70% -

5 Furniture & Fixtures 2.10 100% 2.10 0% -

6 Other Machinery & Equipment - 30% - 70% -

7 Pre-Operative Expenses 12.67 100% 12.67 0% -

8 FDR with Bank as Cash Margin against B/G - 100% - 0% -

9 Margin for Working Capital 106.30 100% 106.30 0% -

10 Total 350.57 196.67 153.90

Current Assets, Loans & Advances :

Infusion of Capital by Promoters 10.00 - - - - - - -

Borrowing of Term Loan from Bank 150.00 - - - - - - -

Borrowing of Unsecured Loans 190.57 - - - - - - -

Increase in Bank Borrowings for Working Capital - 50.00 - - - - - -

Increase in Working Capital :