PROJECT AT GLANCE

1) NAME OF THE FIRM : M/S DEEPANJAN SAHA

2) CONSTITUTION : PROPRIETORSHIP

3) NAME OF PROMOTER : MR DEEPANJAN SAHA

4) PROPOSED PROJECT : PIGGERY ENTREPRENEURSHIP (100 SOW & 10 BOARS).

5) LOCATION OF UNIT : DAKHIN AMGURI, UNDER SIDLI REVENUE CIRCLE, DIST CHIRANG, BTR, ASSAM - 7833

6) MANPOWER : 5 PERSONS

(Rs. In Lacs)
7) PROJECT COST : TOTAL 64.05

8) MEANS OF FINANCE : PROPRIETOR'S CAPITAL 24.05

(INCL. UNSEURED LOANS FROM FRIENDS & RELATIVES)

TERM LOAN FROM BANKS 40.00

9) WORKING CAPITAL FINANCE : Nil

10) FINANCIAL ASSISTANCE DEPT. : ANIMAL HUSBANDRY & VETERINARY DEPARTMENT, GOVT. OF ASSAM

11) FINANCIAL ASSISTANCE FROM NLM : 50% UPTO Rs. 30 LAKHS CAPITAL SUBSIDY TOWARDS THE CAPITAL COST OF THE PROJECT.
(National Livestock Mission)

12) PAY BACK PERIOD : 3rd year

13) AVERAGE DSCR : 2.35

14) INTERNAL RATE OF RETURN : 36.61%

15) MINIMUM CURRENT RATIO : 2.43

 TECHNO ECONOMIC PARAMETERS
SL. NO. PARTICULARS UNITS
1 No. of Sows (5 months old weighing about 50 kg) 100 Nos
2 No. of Boars (6 months old weighing about 60 kg) 10 Nos
3 No. of batches 2 Nos
4 No. of piglets per sow per farrowing 12 Nos
5 No. of farrowing per year 2 Nos
6 Interval between two batches 3 Months
7 Mortality of weaners 15%
8 Mortality of fatteners 10%
9 Weaning Period 2 Months

Capacity Planning
1 Space required for Boar 70 sq ft. per Boar
2 Space required for Sow 20 sq ft. per Sow
Space requirement of farrowing pen (50 sows) (considering 50% of pigs are
3 allowed in farrowing) 80 sq ft. per Sow
4 Space requirement for pens for piglets (for 1500 piglets) 10 sq ft. per Piglet
5 Storeroom + Office 500 sq ft.

Total Space Requirement

1 For Sows 2000 sq ft.
2 For Boars 700 sq ft.
3 Percentage of pigs in farrowing 50%
4 Farrowing pen 4000 sq ft.
5 Pens for piglets @10 sq. ft per piglet for 1500 piglets 15000 sq ft.
6 Store room / office room 500 sq ft.
 ANNEXURE -I

CAPITAL COST OF THE PROJECT

(Rs. in Lacs)
Amount

1 Building Construction & Civil Works, Land Development 51.74

2 Plant & Machineries 3.14

3 Furniture & Fixtures 0.50

4 Electrification 0.90

5 Cost of Animals (Livestocks) 7.31

6 Preliminary & Pre-Operative Expenses 0.46

64.05

MEANS OF FINANCES
(Rs. In Lacs)
1. Promoters Contribution:
a)Promoter's Capital 24.05
(Incl. Unsecured Loans from Friends & Relatives)

2. Term Loan assistance 40.00

64.05
 A N N E X U R E - II
PROJECTIONS OF PERFORMANCE & PROFITABILITY ETC.
( Rs. in Lacs )
PROJECTED PROJECTED PROJECTED PROJECTED PROJECTED
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
A. SALES:
Total Sales / Receipts 34.43 75.36 79.12 79.70 87.23
Other Income (Manure/Empty Bags) 2.40 2.64 2.90 3.19 3.51
Gross Receipts 36.83 78.00 82.03 82.90 90.75

B. PURCHASES
Total Purchases
(Feed, fertilizers etc.) 39.46 41.43 43.50 45.68 47.96
Total Purchases 39.46 41.43 43.50 45.68 47.96

Add: Op. Stock of Live Stock 0.00 16.30 16.63 16.96 17.30
39.46 57.73 60.13 62.64 65.26
Less: Cl. Stock of Live Stock 16.30 16.63 16.96 17.30 17.65
C. COST OF GOODS SOLD: 23.16 41.10 43.17 45.34 47.61

D. GROSS PROFIT (A-D) 13.67 36.89 38.85 37.56 43.13

E. INDIRECT INCOME:
Capital Subsudy from NLM 15.00 0.00 15.00 0.00 0.00

F. INTEREST ON:
Term Loan 2.58 2.08 1.54 0.97 0.35
Working Capital 0.00 0.00 0.00 0.00 0.00
2.58 2.08 1.54 0.97 0.35

G. ADMINISTRATIVE, SELLING & DISTRIBUTION EXPENSES:

Cost of Medicines & Vaccination 0.60 0.66 0.73 0.80 0.88
Insurance Expenses 0.51 0.56 0.62 0.68 0.75
Depreciation on P&M 5.78 5.18 4.64 4.16 3.73
Misc Expenses 0.22 0.24 0.27 0.29 0.32
Repair & Maintenance Expenses 0.20 0.22 0.24 0.27 0.29
Transportation Expenses 0.50 0.55 0.61 0.67 0.74
Electricity Expenses 0.24 0.29 0.35 0.41 0.50
Staff Salary / Manpower Expenses 4.80 5.28 5.81 6.39 7.03
12.85 12.98 13.26 13.67 14.24
 PROJECTIONS OF PERFORMANCE & PROFITABILITY ETC. Contd.
( Rs. in Lacs )
PROJECTED PROJECTED PROJECTED PROJECTED PROJECTED
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

H. PROFIT BEFORE TAXATION (D -(E+F)) 13.23 21.83 39.05 22.92 28.54

I. PROVISION FOR TAXES (EXEMPT) 0.00 0.00 0.00 0.00 0.00

J. NET PROFIT AFTER TAX (G-H) 13.23 21.83 39.05 22.92 28.54

K. DEPRECIATION ADDED BACK 5.78 5.18 4.64 4.16 3.73

L. INTEREST ON TERM LOAN 2.58 2.08 1.54 0.97 0.35

M. DRAWINGS 0.00 5.00 20.00 10.00 10.00

N. NET CASH ACCRUAL 19.01 22.01 23.69 17.08 22.27

O. RESERVES & SURPLUS CUMULATIVE 13.23 30.06 49.11 62.02 80.56

P. NET PROFIT RATIO (% of SALES (A)) 35.93 27.99 47.60 27.64 31.45
 A N N E X U R E - III
( Rs. in Lacs )
PROJECTED BALANCE SHEETS
LIABILITIES YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
1. Proprietors's Capital
Opening Capital 0.00 37.28 54.10 73.15 86.07
Add: Introduction 24.05 0.00 0.00 0.00 0.00
Add: Net Profit after Tax 13.23 21.83 39.05 22.92 28.54
Less: Drawings 0.00 5.00 20.00 10.00 10.00
Closing Balance 37.28 54.10 73.15 86.07 104.61

2. Term Loan 33.08 25.65 17.69 9.15 0.00

3. Sundry Creditors for Goods & Expenses 0.25 0.25 0.20 0.15 0.15

4. Other Current liabilities 0.65 0.70 0.75 0.80 0.85

.
Total : 71.25 80.71 91.79 96.17 105.61

ASSETS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

1. Fixed Assets (WDV) 50.49 45.31 40.66 36.50 32.77

2. Stock of Goods 16.30 16.63 16.96 17.30 17.65

3. Sundry Debtors 1.75 3.75 4.75 6.50 7.75

4. Other Current Assets / Loans & Advances 2.00 12.00 22.00 31.00 40.00

5. Non Current Assets / Investments 0.50 1.50 2.50 3.50 4.50

6. Cash & Bank Balance 0.21 1.52 4.92 1.37 2.94

Total : 71.25 80.71 91.79 96.17 105.61

 ANNEXURE - IV

Statement showing Schedule of repayment of Term Loan & Interest Thereon

(Rs. In Lacs )
Year Opening Balance Interest Principal Repayment Total Repayment Closing Balance

YEAR 1 40.00 2.58 6.92 9.50 33.08

YEAR 2 33.08 2.08 7.42 9.50 25.65

YEAR 3 25.65 1.54 7.96 9.50 17.69

YEAR 4 17.69 0.97 8.54 9.50 9.15

YEAR 5 9.15 0.35 9.15 9.50 0.00

 ANNEXURE - V

INTERNAL RATE OF RETURN

(Rs. in'Lacs )
Year CONSTRUCTION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

CASH INFLOW

Profit After Tax 0.00 13.23 21.83 39.05 22.92 28.54

Depreciation 0.00 5.78 5.18 4.64 4.16 3.73
Interest on Term Loan 0.00 2.58 2.08 1.54 0.97 0.35
TOTAL CASH INFLOW 0.00 21.60 29.09 45.24 28.05 32.62

CASH OUTFLOWS

TOTAL Investment 64.05 0.00 0.00 0.00 0.00 0.00

TOTAL CASH OUTFLOW 64.05 0.00 0.00 0.00 0.00 0.00

NET CASH FLOW -64.05 21.60 29.09 45.24 28.05 32.62

Discounting Factor 1 0.732 0.536 0.392 0.2871 0.210

Present Value -64.05 15.81 15.59 17.74 8.05 6.86

Net Present Value (Rs.) 0.00

The Internal Rate of Return is 36.61%

 ANNEXURE - VI

DEBT SERVICE COVERAGE RATIO

(Rs. in Lacs)
Year YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Profit After Tax & Drawings 13.23 16.83 19.05 12.92 18.54
Depreciation & W / off's 5.78 5.18 4.64 4.16 3.73
Interest on Term Loan 2.58 2.08 1.54 0.97 0.35

TOTAL :A 21.60 24.09 25.24 18.05 22.62

Loan Repayment 6.92 7.42 7.96 8.54 9.15

Interest on Loan 2.58 2.08 1.54 0.97 0.35

TOTAL :B 9.50 9.50 9.50 9.50 9.50

DSCR A/B 2.27 2.53 2.66 1.90 2.38

MINIMUM DSCR 1.90

MAXIMUM DSCR 2.66
AVERAGE DSCR 2.35
 ANNEXURE - VII

STATEMENT SHOWING CALCULATION OF PAYBACK PERIOD

( Rs. In Lacs )
Year Cash Profit (Incl. Cumulative Difference Total Cost
Interest on Loan) Cash Profit

2019-20 21.60 21.60 42.45 64.05

2020-21 24.09 45.69 18.36

2021-22 25.24 70.92 -6.88

Pay Back is in the 3rd year

 ANNEXURE- VIII
DEBT EQUITY RATIO

PARTICULARS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Term Loan 33.08 25.65 17.69 9.15 0.00

Working Capital Loan 0.00 0.00 0.00 0.00 0.00

TOTAL DEBT 33.08 25.65 17.69 9.15 0.00

Proprietor's Capital 37.28 54.10 73.15 86.07 104.61

TOTAL EQUITY 37.28 54.10 73.15 86.07 104.61

DEBT/EQUITY RATIO 0.89 0.47 0.24 0.11 0.00

(TOTAL DEBT / TOTAL EQUITY)

DEBT/EQUITY RATIO 0.89 0.47 0.24 0.11 0.00

(LONG TERM DEBT / TOTAL EQUITY)
 ANNEXURE- IX
CURRENT RATIO

PARTICULARS YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Stock of Goods 16.30 16.63 16.96 17.30 17.65

Stock of Stock/Work in Progress 0.00 0.00 0.00 0.00 0.00

Sundry Debtors 1.75 3.75 4.75 6.50 7.75

Other Current Assets / Loans & Advances 2.00 12.00 22.00 31.00 40.00

Cash & Bank Balance 0.21 1.52 4.92 1.37 2.94

TOTAL CURRENT ASSETS 20.26 33.90 48.63 56.17 68.34

Working Capital Loan 0.00 0.00 0.00 0.00 0.00

Sundry Creditors for Goods & Expenses 0.25 0.25 0.20 0.15 0.15

Other Current liabilities 0.65 0.70 0.75 0.80 0.85

Installments of Term Loan 7.42 7.96 8.54 9.15 0.00

TOTAL CURRENT LIABILITIES 8.32 8.91 9.49 10.10 1.00

CURRENT RATIO 2.43 3.80 5.13 5.56 68.34

 APPENDIX-1

BUILDING CONSTRUCTION & CIVIL WORKS, LAND DEVELOPMENT

Units (sq ft) Rate / Sq ft. Amount (Rs.)
Civil Construction
1 Construction of shed for Sow @ 20 Sq ft. per animal 2,000 220.00 4,40,000.00
2 Construction of shed unit for Boar @ 70 Sq ft. per animal 700 220.00 1,54,000.00
3 Construction of farrowing pen @ 80 Sq ft. per sow for 50 Sows 4,000 220.00 8,80,000.00
4 Construction of pens for piglets @ 10 Sq ft. per piglet (for 1500 piglets) 15,000 220.00 33,00,000.00
5 Construction of Store Room 500 350.00 1,75,000.00

Land Site Development & Fencing

1 Cost of Land Development 1,00,000.00
2 Cost of Fencing 1,25,000.00
TOTAL BUILDING & CIVIL WORKS, LAND DEVELOPMENT 51,74,000.00

PLANTS & MACHINERIES

Qnty Rate Amount (Rs.)
Equipments
1 Cost of Equipments for 100 Sows & 10 Boars 110 350.00 38,500.00
2 Cost of Equipments for Piglets 1,500 100.00 1,50,000.00

Water Supply System

1 Cost of Borewell / Tubewell (LS) 90,000.00
2 Cost of Pump & Pump Line (LS) 20,000.00
3 Cost of Sump / Overhead Tank (LS) 15,000.00
TOTAL PLANTS & MACHINERIES 3,13,500.00

FURNITURE & FIXTURES Amount (Rs.)

1 OFFICE FURNITURE, FIXTURES & EQUIPMENT 50,000.00

TOTAL FURNITURE & FIXTURES 50,000.00

ELECTRIFICATION
Qnty/ Set Rate Amount (Rs.)
1 ELECTRIFICATION & INSTALLATION 90,000.00

TOTAL ELECTRIFICATION 90,000.00

 APPENDIX- 2

DETAILS OF PRELIMINARY & PREOPERATIVE EXPENSES

(Amount in Rs.)
PRELIMINARY & PRE-OPERATIVE EXPENSES

Travelling Expenses 10,000.00

Professional Fees 25,000.00
Veterinary Aid 11,000.00

TOTAL 46,000.00
 APPENDIX - 3

PIGGERY PROJECTIONS

Opening Stock No of Piglets Mortality Mortality Culled Retained Closing Stock

Sow Piglet after during during Adults for Piglets for Piglets for Sow Piglet
Year s Boars s Farrowing Weaning Weaners Fattening sale breeding sale s Boars s

Year 1 100 10 0 1200 180 1020 102 0 0 459 100 10 459

Year 2 100 10 459 1200 180 1020 102 50 50 868 100 10 459

Year 3 100 10 459 1200 180 1020 102 50 50 868 100 10 459

Year 4 100 10 459 1200 180 1020 102 0 0 918 100 10 459

Year 5 100 10 459 1200 180 1020 102 50 50 868 100 10 459
 APPENDIX - 4
CALCULATION OF REVENUE INCOME
REVENUE ESTIMATES
Particulars Amount / Units
Cost of Vaccines & Medicines per animal Rs. 300
Cost of Vaccines & Medicines per piglet Rs. 50

Concentrate & Roughage Feed Ratio 50 : 50

Concentrate Feed per adult sow per day 1 Kgs
Roughage Feed per adult sow per day 1.5 Kgs
Concentrate Feed per gilt upto maturity 150 Kgs
Total Concentrate Feed upto maturity (Gilts) 15000 Kgs
Roughage Feed per gilt upto maturity 200 Kgs
Total Roughage Feed upto maturity (Gilts) 20000 Kgs
Concentrate Feed per adult Boar per day 1 Kgs
Roughage Feed per adult Boar per day 1 Kgs
Concentrate Feed per young Boar upto maturity 180 Kgs
Total Concentrate Feed upto maturity (Young Boar) 1800 Kgs
Roughage Feed per young Boar upto maturity 180 Kgs
Total Roughage Feed upto maturity (Young Boar) 1800 Kgs
Concentrate Feed per piglet upto market weight 150 Kgs
Total Concentrate Feed upto market weight (Piglets) 180000 Kgs
Roughage Feed per piglet upto market weight 150 Kgs
Total Roughage Feed upto market weight (Piglets) 180000 Kgs

Total Concentrate Feed Consumption in a year 196800 Kgs

Total Roughage Feed Consumption in a year 201800 Kgs

Concentrate Feed Cost per kg Rs. 18

Roughage Feed Cost per kg Rs. 2

Weight of piglet at the time of sale 75 Kgs

Weight of culled adults at the time of sale 175 Kgs

Sale price of piglet / kg Rs. 100

Sale price of culled adults / kg Rs. 80

COST OF PURCHASE OF ANIMALS (LIVE STOCK) Qty Rate Amount (Rs.)

Cost of Purchase of 100 Sows (5 months old weighing about 50 kg) 100 6000 6,00,000.00
Cost of Purchase of 10 Boars (6 months old weighing about 60 kg) 10 8000 80,000.00
Insurance Charges of Piglets (@ 7.5% of cost) 51,000.00
7,31,000.00

INCOME & EXPENDITURE CALCULATIONS

1ST YEAR 2ND YEAR 3RD YEAR 4TH YEAR 5TH YEAR

Cost of Feed (Concentrate Feed) 3542400 3719520 3905496 4100771 4305810

Cost of Feed (Roughage Feed) 403600 423780 444969 467217 490578
(10% rise in cost every year)
Total Cost of Feed 3946000 4143300 4350465 4567988 4796388

Receipts from sale of Piglets 3442500 6835500 7177275 7970248 7912946

Receipts from sale of Culled Animals 0 700000 735000 0 810338
Total Sales/Revenue from Yarn (Rs. in Lacs) 3442500 7535500 7912275 7970248 8723284
 APPENDIX - 5
SCHEDULE OF DEPRECIATION UNDER THE INCOME TAX ACT
(Rs.in Lacs)
10.00% 15.00% 10.00% 10.00%
PLANT & ELECTRIFICATION FURNITURE &
BUILDINGS MACH. FITTINGS TOTAL

1ST YEAR
OP WDV 0.00 0.00 0.00 0.00 0.00
Add: ADDITION 51.74 3.14 0.90 0.50 56.28
LESS: DELETION 0.00 0.00 0.00 0.00 0.00
51.74 3.14 0.90 0.50 56.28
LESS:DEPN. 5.17 0.47 0.09 0.05 5.78
CL. WDV 46.57 2.66 0.81 0.45 50.49

2ND YEAR
OP WDV 46.57 2.66 0.81 0.45 50.49
LESS:DEPN. 4.66 0.40 0.08 0.05 5.18
CL. WDV 41.91 2.27 0.73 0.41 45.31

3RD YEAR
OP WDV 41.91 2.27 0.73 0.41 45.31
LESS:DEPN. 4.19 0.34 0.07 0.04 4.64
CL. WDV 37.72 1.93 0.66 0.36 40.66

4TH YEAR
OP WDV 37.72 1.93 0.66 0.36 40.66
LESS:DEPN. 3.77 0.29 0.07 0.04 4.16
CL. WDV 33.95 1.64 0.59 0.33 36.50

5TH YEAR
OP WDV 33.95 1.64 0.59 0.33 36.50
LESS:DEPN. 3.39 0.25 0.06 0.03 3.73
CL. WDV 30.55 1.39 0.53 0.30 32.77
 APPENDIX - 6

CALCULATION OF MANPOWER REQUIREMENT & COST THEREOF

(Rs.in Lacs)
Category Salary No of Persons Total Salary
per person Reqd. per annum
per month

SKILLED LABOUR:
Skilled Labours 0.1 1 1.20

SEMISKILLED & UNSKILLED LABOUR:

Unskilled Labours 0.075 4 3.60
5 4.80
 APPENDIX - 7

STATEMENT SHOWING CALCULATION OF INTEREST & REPAYMENT SCHEDULE (TERM LOAN)

( Rs. in Lacs )
Financial Interest @ Principal
Year Months Principal 7.00% Repayment Total Repayment Balance
YEAR 1 April 40.00 0.23 0.56 0.79 39.44
May 39.44 0.23 0.56 0.79 38.88
June 38.88 0.23 0.57 0.79 38.31
July 38.31 0.22 0.57 0.79 37.75
August 37.75 0.22 0.57 0.79 37.17
September 37.17 0.22 0.58 0.79 36.60
October 36.60 0.21 0.58 0.79 36.02
November 36.02 0.21 0.58 0.79 35.44
December 35.44 0.21 0.59 0.79 34.85
January 34.85 0.20 0.59 0.79 34.26
February 34.26 0.20 0.59 0.79 33.67
March 33.67 0.20 0.60 0.79 33.08
YEAR 2 April 33.08 0.19 0.60 0.79 32.48
May 32.48 0.19 0.60 0.79 31.87
June 31.87 0.19 0.61 0.79 31.27
July 31.27 0.18 0.61 0.79 30.66
August 30.66 0.18 0.61 0.79 30.05
September 30.05 0.18 0.62 0.79 29.43
October 29.43 0.17 0.62 0.79 28.81
November 28.81 0.17 0.62 0.79 28.18
December 28.18 0.16 0.63 0.79 27.56
January 27.56 0.16 0.63 0.79 26.93
February 26.93 0.16 0.63 0.79 26.29
March 26.29 0.15 0.64 0.79 25.65
YEAR 3 April 25.65 0.15 0.64 0.79 25.01
May 25.01 0.15 0.65 0.79 24.36
June 24.36 0.14 0.65 0.79 23.71
July 23.71 0.14 0.65 0.79 23.06
August 23.06 0.13 0.66 0.79 22.40
September 22.40 0.13 0.66 0.79 21.74
October 21.74 0.13 0.67 0.79 21.08
November 21.08 0.12 0.67 0.79 20.41
December 20.41 0.12 0.67 0.79 19.73
January 19.73 0.12 0.68 0.79 19.06
February 19.06 0.11 0.68 0.79 18.38
March 18.38 0.11 0.68 0.79 17.69
YEAR 4 April 17.69 0.10 0.69 0.79 17.00
May 17.00 0.10 0.69 0.79 16.31
June 16.31 0.10 0.70 0.79 15.61
July 15.61 0.09 0.70 0.79 14.91
August 14.91 0.09 0.71 0.79 14.21
September 14.21 0.08 0.71 0.79 13.50
October 13.50 0.08 0.71 0.79 12.78
November 12.78 0.07 0.72 0.79 12.07
December 12.07 0.07 0.72 0.79 11.34
January 11.34 0.07 0.73 0.79 10.62
February 10.62 0.06 0.73 0.79 9.89
March 9.89 0.06 0.73 0.79 9.15
YEAR 5 April 9.15 0.05 0.74 0.79 8.42
May 8.42 0.05 0.74 0.79 7.67
June 7.67 0.04 0.75 0.79 6.92
July 6.92 0.04 0.75 0.79 6.17
August 6.17 0.04 0.76 0.79 5.42
September 5.42 0.03 0.76 0.79 4.66
October 4.66 0.03 0.76 0.79 3.89
November 3.89 0.02 0.77 0.79 3.12
December 3.12 0.02 0.77 0.79 2.35
January 2.35 0.01 0.78 0.79 1.57
February 1.57 0.01 0.78 0.79 0.79
March 0.79 0.00 0.79 0.79 0.00

TOTAL 7.52 40.00 47.52