Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 367 views

    Nikhil Ice Factory

    Uploaded by

    nalawadenikhil
    This document presents a proposal for an ice factory with a production capacity of 20 tonnes per day in Ratnagiri, India. The plant would provide quality ice blocks for preserving fish to supply domestic and export markets. An ammonia-based refrigeration system will be adopted due to its cost effectiveness. The project is estimated to cost 60 lakh rupees and will be funded through promoters' contribution of 20 lakh and a term loan of 40 lakh rupees. Over five years, the project is projected to be profitable with annual net profits ranging from 8.65 lakh rupees to 28.19 lakh rupees.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd

    Nikhil Ice Factory

    Uploaded by

    nalawadenikhil
    367 views11 pages
    This document presents a proposal for an ice factory with a production capacity of 20 tonnes per day in Ratnagiri, India. The plant would provide quality ice blocks for preserving fish to supply domestic and export markets. An ammonia-based refrigeration system will be adopted due to its cost effectiveness. The project is estimated to cost 60 lakh rupees and will be funded through promoters' contribution of 20 lakh and a term loan of 40 lakh rupees. Over five years, the project is projected to be profitable with annual net profits ranging from 8.65 lakh rupees to 28.19 lakh rupees.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document presents a proposal for an ice factory with a production capacity of 20 tonnes per day in Ratnagiri, India. The plant would provide quality ice blocks for preserving fish to supply domestic and export markets. An ammonia-based refrigeration system will be adopted due to its cost effectiveness. The project is estimated to cost 60 lakh rupees and will be funded through promoters' contribution of 20 lakh and a term loan of 40 lakh rupees. Over five years, the project is projected to be profitable with annual net profits ranging from 8.65 lakh rupees to 28.19 lakh rupees.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    367 views11 pages

    Nikhil Ice Factory

    Uploaded by

    nalawadenikhil
    This document presents a proposal for an ice factory with a production capacity of 20 tonnes per day in Ratnagiri, India. The plant would provide quality ice blocks for preserving fish to supply domestic and export markets. An ammonia-based refrigeration system will be adopted due to its cost effectiveness. The project is estimated to cost 60 lakh rupees and will be funded through promoters' contribution of 20 lakh and a term loan of 40 lakh rupees. Over five years, the project is projected to be profitable with annual net profits ranging from 8.65 lakh rupees to 28.19 lakh rupees.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 11

    ICE FACTORY

    PRESENTED BY
    RAHIM 9163
    TARUN 9177
    NIKHIL 9199
    JITESH 9200
    RASIKA 9201
    CHANDAR 9218
     The project envisions setting up of an 20 tonne/day
    production capacity Ice plant in Ratnagiri, where
    maximum catch of Ratnagiri district is landed.

     The proposed plant would provide quality ice


    blocks for fish preservation, for supply to domestic
    and export market.
     Increase in consumption of sea food across
    the globe.
     Demand for quality ice, driven by the
    spoilage of fish every year.
     Increasing health awareness among people in
    view of positive nutritional impacts of fish.
    Due to cost competitiveness and ease of operation Ammonia base
    refrigeration system will be adopted for Ice plant.

    Main components of Ammonia based refrigeration system are:

     Ammonia compressors
     Condensers / heat exchangers
     Ammonia receivers
     Cooling coils and Evaporators
     Chilling tanks For Ice plant
    Project Description

    Man Power Requirement


     The unit would require total 9 persons that will include 3 managers, 3
    operators, 3 semi skilled labourers.
     Managers salary Rs. 12,000/- pm each, Operators salary Rs. 8,000/- pm
    each and labourers Rs. 4,000/- pm each.

    Suggested Location
     The suggested location for plant is Ratnagiri port. The region being an
    rapidly developing fishing centre.

    Project Time Line


     The proposed project will have cumulative implementation period of 12 -
    15 months of which 5 to 6 months would entail obtaining the obligatory
    clearances from various authorities.
    Estimated Project cost and Means of Finance
    Sr. no. Cost of Project Rs.
    Land and Land Development (approx 8000sq
    1 feet = Rs 275000, dev = Rs 25000) 3,00,000
    2 Building and Civil works 15,00,000
    3 Plant and Machinery 30,00,000
    4 Misc. Fixed assets 3,50,000
    5 Preliminary & Pre-operative 2,50,000
    6 Provision for contingencies 2,50,000
    7 Total Fixed Assets 56,50,000
    8 Margin Money for working capital 3,50,000
    9 Estimated Block Capital Cost of Project 60,00,000
      Means of Finance  
    10 Promoters contribution 20,00,000
    11 Term loan 40,00,000
      Total Means of Finance 60,00,000
    Cost of Production(per month) for 20 tonne/day Cost Per Day

    Sr. no Particulars Calculations Rs. Calculations Rs.


    2,50,000 /
    1 Electricity   2,50,000 30 8,334
    Manager no.3 @ Rs. 12,000pm each
    + Operators no. 3 @ Rs. 8,000pm
    each + Labourer no. 3 @ Rs. 4,000pm
    2 Salary and Wages each. 72,000 72,000/30 2,400

    3 Water (25000 litres @ Rs. 0.17) 30 days 1,27,500 1,27,500/30 4,250


    Other provisions and
    4 expenses   50,500 50,500/30 1,684
        Total 5,00,000   16,668

    Annual Profit (20 tonne/day)


    Particulars Calculations Rs.
    Sales (140 blocks @ Rs. 200 per block)*30 * 12 1,00,80,000
    Less Cost of Production 5,00,000 * 12 60,00,000
    Profit before interest and tax   40,80,000
    1 block of ice = 150 kg.
    1 tone = 7 blocks approx
    Loan Repayment
    Principle Amount 40,00,000  
    Interest 10.25 percent  
      First year Second Year Third Year Total Paid
    Repayment 16,70,000 13,30,000 10,00,000 40,00,000
    Interest to P&L 4,10,000 2,38,825 1,25,000 7,73,825
    Total Amount Paid 20,80,000 15,68,825 11,25,000 47,73,825

    Profit for First Five Years


     Particulars First year second Year Third Year Fourth Year Fifth Year
             
    NPBIT 40,80,000 40,80,000 40,80,000 40,80,000 40,80,000
    Int Paid 4,10,000 2,38,825 1,25,000 Nil Nil
    NPBT 36,70,000 38,41,175 39,55,000 40,80,000 40,80,000
    Tax @ 30% 1101000 1152352.5 1186500 1224000 1224000
    Surcharge @ 3% 33030 34570.575 35595 36720 36720
    NPAIT 25,35,970 26,54,252 27,32,905 28,19,280 28,19,280
    Loan Repayment 16,70,000 13,30,000 10,00,000 0 0
    Actual Profit 8,65,970 13,24,252 17,32,905 28,19,280 28,19,280
     Expansion of current capacity of 20 tonne to
    60 tonne

     Installation of cold storage of 500 tonne.


    Thank You

    You might also like