Project for Sand Stone
Transcript of Project for Sand Stone
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Details1 Documents of the Land
2 Building Map and its estimation by the engineers
3 All Quotation - for Plant and Machinery.
4 All Quotation for Furniture
5 Implementation Schedules for Fixed Assets
6 SSI Registration
7 Sales Tax Registration
8 Pan No AAQPP4465J
9 TAN No10 Raw Material Detail : it Procurment and Supply
11 Manufacutraing Process
12 Sales Aggrements
13 Project Report : Projections
: Buiseness Profile
14 Net Worth Statement - Assets Copy
15 Colletrial Security : Photo Copy
16 Legal Report of the Prime and Colletrial Security
17 Valuation Report of the Prime and Colletrial Security
18 Photo / Pand Card / Address Proof /
Working Required
ZEMINI AGRO LAND DEVELOPERS PRIVATE LIMITED
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A Highlights of the Project
B 1 Introduction2. About the Promoter
3. The Project
4. Manufacturing Process
5. Marketing Strategies
6. Statutory Requirement
C Project Cost & Sources of Finance
1. Estimates
2. Means of Finance
D Security Offered to Bank1. Primary Security
2. Collateral Security
E Projections of Performance, Profitability & Repayment
F Repayment Schedule
G Ratio Analysis
PROJECT REPORT
Submitted by
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, SoorsagarJODHPUR
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A Highlights of Project
1 Name of Enterprise : M/S OM BHAGWAT STONE ARTS
2 Constitution : Proprietorship Concern
3 Address for correspondence : Bhomiyan Ji Ka Than, Fidusar
: Soorsagar
: Jodhpur
4 Names of Propeitor : Shri Om Prakash Panwar
5 Nature of Business Manufacturer of Stone Material
Liriya and artistic work
6 No. of working days : 240 days
7 Manpower required : 9 at factory,
8 Project Cost : Rs. ( in lac )
a) Land -
b) Building Construction 0.99c) Plant & Machinery 13.54
d) Furniture & Fixture 0.10
e) Security Deposit 1.25
f) Working Capital 1.19
f) Preliminary Expenses 0.75
17.82
9 Sources of Funds
a) Term Loan from Bank 9.50
b) Working Capital Loan -
c) Unsecured Loans -
d) Share Capital 8.32
17.82
10 Profitability in 1st Year : Rs. ( Lac )
a) Cost of Operations 57.03
b) Gross Receipts 53.94
c) Net Profit 3.09
11) Minimum Expected Annual Growth in Busine I Year
10.00
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B Introduction
B 1.
B 2 Bio Data of the Directors :
a) Name Shri Om Prakash Panwar
b) Fathers Name Shir Gumna Ram Panwar
c) Age 53 years
d) Address Kalu Ram Ji Baori
Soorsagar, Jodhpur
B 3 The Project :
B 4 Manufacturing Process ;
B 5 Marketing Strategy :
B 6 Statutory Requirement :
SSI Registration : Firm has got SSI registration and it is a Tinny Industry.
Sales Tax Registration : The Firm will get registration in sales tax department.
The promotor of the firm is basically established as an stone cutting industry in the soorsagar area. The
proprietor of the firm basically belong to the soorsagar.
The sand stoen is available in near by area of the soorsagar. All the mine are in this areas only. The raw
material is avilable.
The sand stone is used for construction of the house. Now a days the residential house are build with this
sand stone, and the front poration of the house are built from these liriya. This is genrating huge demand
in the market.
It is just like marble cuttin gmachine and the sand stone is cutting with the hefp of cutter machine. It is
very simple process and does not required any specialisation or extra ordinary skiled leabor.
The sand stone is also used for artistic work. Same work is complited with the heip of machienry andskiled labour. It is hand made work and it will be complited exactily according to the drawings provided by
the buyers.
The jodhpur is the main source of the sand stone. The near by mines are the only source of the material.
The raw material is easily available and the proprietor of this firm is also having a mines and have a
experience of more than 30 years in this field.
The akhali and the contact will genrate the demand. Although the demand is at very high and now a days
it is not possible to meet the demand. This is the main reaseon to estabilished this industry.
The proprietorship concern M/s Om Bhagwati Stone Arts is a proposed setup unit for manufacturing ofstone cutting unit. The product is in well demand all over the Rajasthan basically the main product for
building. Raw material i.e Sand stone is available in near by areas. and propreitors is also having a
mines.
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C Project Cost & Sources of Finance
C 1
a) Land -
b) Building Construction 0.99
c) Plant & Machinery 13.54
d) Furniture & Fixture 0.10
e) Security Deposit 1.25
f) Working Capital 1.19
f) Preliminary Expenses 0.75
-
17.82
Land
Factory Building
Plant and machinery
Furniture and Fixture
Working Capital
C 2 Means of Finances : The firm intends to finance the project cost through following means :
in Lacs (Rs.)
a) Term Loan from Bank 9.50
b) Working Capital Loan -
c) Unsecured Loans -
d) Share Capital 8.32
17.82
a) Term Loan from Bank :
b) Working Capital Requirements
The unit intends to maintain stock of raw material stone at 7 days level, Work in Process for 1 days and
finished good at 1 days sale level, sundry debtors at 3 days level, and sundry creditors also at 15 days
level.
Long Term investment in purchase of Plant and Machinery (apx. Rs.13.54 Lac ) The firm is seeking
Term Loan from Bank to the extent of 75 % of value of Plant and machinery and intends to repay the
Term Loan in 84 months, by monthly instalments.
Working capital will be self finace and firm does not require any loan on the working cpaital
Land is taken on rent basis.
Facory buidling required only a tin shed and small office for meeting.
The detail of the plant and machinery is mention in the annexure. The main machine is cutter and othersare the supporting one of the main machine.
Just required basis table and chair for the customer meeting.
Project Cost Estimates : The total cost of project works out to be Rs. 24.68 lac. The break up of the
project cost is as under :-
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D Security Offered to Bank
D1.
D 2 Collateral Security : Factorys land and building will also be offered as Collateral Security.
Shri om Praksh Size Sq Feet Cost Market Rate
a) Plot at Khasra No 799 110 * 30 366.67 15.00 Lacs
Residential house 28.11.2002
Soorsagar
Jodhpur
Total Value of Colletrial Security 15.00 Lacs
E Projections of Performance, Profitability & Repayment
F Repayment Schedule
F 1 The firm intends to :
a)Repay the Term Loan over a period of 7 years in 84 monthly instalments ;
b)Renew the Working Capital facility on annual basis
G Ratio Analysis
Please refer to a separate sheet attached herewith.
Please refer to the statement marked Annexure and attached herewith. Profitability will constantly
improve every year.
e) Profits : As a policy, the promoters will retain major part of the profits in the business to meet
working capital requirements.
Primary Security : All the stocks of raw materials, stores, finished goods, and plant & machinery will be
hypothecated to the Bank. The bank will have a lien over the book debts. Factorys land and building will
also be offered as prime security.
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Rs in Lacs
COST OF PROJECT EXISTING ADDITION TOTAL
Land ( Rented) - - -
Building - 0.99 0.99
Plant & Machinery - 13.54 13.54
Furniture & Fixture - 0.10 0.10
Investment - Secutiry Deposit - 1.25 1.25
- 1.19 1.19
-
- 0.75 0.75
- 17.82 17.82
MEANS OF FINANCE
Proprietor Fund - 8.32 8.32
Unsecured Loan - from Relative - - -
Term Loan From Bank - 9.50 9.50
Working Capital Loan - - -
- 17.82 17.82
Priliminery Expenses
Working Capital
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, Soorsagar
Jodhpur
COST OF PROJECT & MEANS OF FINANCE
ANNEXURE - I
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REALISATION PER MONTH AMOUNT
SALES - Domestic
Production Per Day Ave. Rate Working Days
in Feet Per Feet
Stone Liriya 3 " 1,530 17.00 100 2,601,000
Stone Liriya 5 " 765 35.00 90 2,409,750Stone Liriya 9 " 340 50.00 26 442,000
No of Item Ave. Rate
500 500.00 1 250,000
5,702,750
Assumption 3' 5' 9'
1. Aslet Purchases 2.5 * 10 * 2 200 200 200
Wesate 15% 30 30 30
Available for liriya 170 170 170
Total Liriya Production - 3 " 9 Feet in one Squire cube 9 4.50 2.00
1530 765 340
YEARLY REALISATIONS
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, Soorsagar
JODHPUR
Stone Cutting Liriya
Artistic Stone Cutting Work
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COST
1 COST OF PURCHASES
A)
200 70 18 252,000 12.00 3,024,000
20 85 18 30,600 12.00 367,200
-
TOOLS BITS FOR 1000' @ 2.5 PER FEET EXP 45,000POWER 27,000
CONSUMABLES 2,500
WATER 4,000
78,500 78,500 12.00 942,000
C) WAGES & SALARY
SKILLED STAFF 2 7500 15,000
UNSKILLED STAFF 5 3500 17,500
ACCOUNTANTS CUM MANAGER 1 5000 5,000
CHOWKIDAR- STORE KEEPER 1 4000 4,000
41,500
FRIENGE BENEFIT 15 % 6,225 47,725 12 572,700
3 ADMIINISTRATIVE EXPENSES
PERTOL / CONVERYANCE EXPENSES 2,500
PRINTING & STATIOENRY 350
TELEPHONE EXPENSES 1,000
TRAVELLING 1,500
ADVERTISEMENT EXPENESES 1,000
BANK CHARGES 350
B) CONSUMABLES & UTILITY-
Squre
Feet
PER MONTH MONTH
Rate Working Days
in Month
OTHER STONE
RAW MATERIAL- ASLATE
TOTALSALARY
NO OFPERSION
SALARY
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, SoorsagarJODHPUR
TOTAL
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5 REPAIR AND MAINTENANCE EXPENSES
PLANT AND MACHINERY @ 2 % OF COST 13,540BUILDING @ 1 % OF COST 495
14,035 14,035
6 DEPRECIATION CHARGES FIXED
LAND 0%
BUILDING 10% 9,900
PLANT & MACHINERY 15% 203,100
FURNITURE AND FIXTURE 10% 1,000 214,000
214,000
7 FINANCIAL CHARGES
9.50 113,943
WORKING CAPITAL - -
113,943 113,943
8 PRELIMINERY EXPENSES 10,714
TOTAL EXPENSES 5,394,192
NET SURPLUS SALES REALISATION 5,702,750
Less TOTAL EXPENESE 5,394,192
308,558 308,558
TERM LOAN
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950,000
84 Monthly Installment
IST April 2009
13 % Per Annum
Opening Repayment Closing Monthly Yearly Interest
Balance Balance Interest
2008-09
Aug-08 0 100,000 100,000 1,083
Sep-08 0 150,000 250,000 2,708
Oct-08 1 350,000 - 600,000 6,500
Nov-08 2 350,000 - 950,000 10,292
Dec-08 3 - - 950,000 10,292
Jan-09 4 - - 950,000 10,292
Feb-09 5 - - 950,000 10,292
Mar-09 6 - - 950,000 10,292 61,750
2009-10 Apr-09 7 950,000 11,310 938,690 10,169May-09 8 938,690 11,310 927,381 10,047
Jun-09 9 927,381 11,310 916,071 9,924
Jul-09 10 916,071 11,310 904,762 9,802
Aug-09 11 904,762 11,310 893,452 9,679
Sep-09 12 893,452 11,310 882,143 9,557
Oct-09 13 882,143 11,310 870,833 9,434
Nov-09 14 870,833 11,310 859,524 9,312
Dec-09 15 859,524 11,310 848,214 9,189
Jan-10 16 848,214 11,310 836,905 9,066
Feb-10 17 836,905 11,310 825,595 8,944
Mar-10 18 825,595 11,310 814,286 8,821 113,943
2010-11 Apr-10 19 814,286 11,310 802,976 8,699
May-10 20 802,976 11,310 791,667 8,576
Jun-10 21 791,667 11,310 780,357 8,454
Jul-10 22 780,357 11,310 769,048 8,331
REPAYMENT SCHEDULE AND INTEREST ON TERM LOAN
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, SoorsagarJodhpur
YEAR MONTHS
Loan Amount Rs. in Lacs
Repayment
Repayment Commencement
Rate of Interest
MONTHS
Repayment will be start after 6 MONTHS from last installment
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2011-12 Apr-11 31 678,571 11,310 667,262 7,229
May-11 32 667,262 11,310 655,952 7,106Jun-11 33 655,952 11,310 644,643 6,984
Jul-11 34 644,643 11,310 633,333 6,861
Aug-11 35 633,333 11,310 622,024 6,739
Sep-11 36 622,024 11,310 610,714 6,616
Oct-11 37 610,714 11,310 599,405 6,494
Nov-11 38 599,405 11,310 588,095 6,371
Dec-11 39 588,095 11,310 576,786 6,249
Jan-12 40 576,786 11,310 565,476 6,126
Feb-12 41 565,476 11,310 554,167 6,003
Mar-12 42 554,167 11,310 542,857 5,881 78,658
2012-13 Apr-12 43 542,857 11,310 531,548 5,758
May-12 44 531,548 11,310 520,238 5,636
Jun-12 45 520,238 11,310 508,929 5,513
Jul-12 46 508,929 11,310 497,619 5,391
Aug-12 47 497,619 11,310 486,310 5,268
Sep-12 48 486,310 11,310 475,000 5,146
Oct-12 49 475,000 11,310 463,690 5,023
Nov-12 50 463,690 11,310 452,381 4,901
Dec-12 51 452,381 11,310 441,071 4,778
Jan-13 52 441,071 11,310 429,762 4,656
Feb-13 53 429,762 11,310 418,452 4,533
Mar-13 54 418,452 11,310 407,143 4,411 61,015
2013-14 Apr-13 55 407,143 11,310 395,833 4,288May-13 56 395,833 11,310 384,524 4,166
Jun-13 57 384,524 11,310 373,214 4,043
Jul-13 58 373,214 11,310 361,905 3,921
Aug-13 59 361,905 11,310 350,595 3,798
Sep-13 60 350,595 11,310 339,286 3,676
Oct-13 61 339,286 11,310 327,976 3,553
Nov-13 62 327,976 11,310 316,667 3,431
Dec-13 63 316,667 11,310 305,357 3,308
Jan-14 64 305,357 11,310 294,048 3,186
Feb-14 65 294,048 11,310 282,738 3,063
Mar-14 66 282,738 11,310 271,429 2,940 43,372
2014-15 Apr-14 67 271,429 11,310 260,119 2,818
May-14 68 260,119 11,310 248,810 2,695
Jun-14 69 248,810 11,310 237,500 2,573
Jul-14 70 237,500 11,310 226,190 2,450
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2015-20016 Apr-15 79 135,714 11,310 124,405 1,348
May-15 80 124,405 11,310 113,095 1,225Jun-15 81 113,095 11,310 101,786 1,103
Jul-15 82 101,786 11,310 90,476 980
Aug-15 83 90,476 11,310 79,167 858
Sep-15 84 79,167 11,310 67,857 735
Oct-15 85 67,857 11,310 56,548 613
Nov-15 86 56,548 11,310 45,238 490
Dec-15 87 45,238 11,310 33,929 368
Jan-16 88 33,929 11,310 22,619 245
Feb-16 89 22,619 11,310 11,310 123
Mar-16 90 11,310 11,310 0 0 8,086
950,000 476,976 480,768
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FIXED ASSETS 2008 2009 2010 2011 2012 2013 2014 2015 2016
LAND - - - - - - - - -
LESS DEPRECIATION - - - - - - - -
- - - - - - - - -
BUILDING - 99,000 89,100 80,190 72,171 64,954 58,459 52,613 47,351
ADDITION 99,000 -
99,000 99,000 89,100 80,190 72,171 64,954 58,459 52,613 47,351
LESS DEPRECIATION 9,900 8,910 8,019 7,217 6,495 5,846 5,261 4,735
99,000 89,100 80,190 72,171 64,954 58,459 52,613 47,351 42,616
PLANT & MACHINERY - 1,354,000 1,150,900 978,265 831,525 706,796 600,777 510,660 434,061
ADDITION 1,354,000
1,354,000 1,354,000 1,150,900 978,265 831,525 706,796 600,777 510,660 434,061
LESS DEPRECIATION 203,100 172,635 146,740 124,729 106,019 90,117 76,599 65,109
1,354,000 1,150,900 978,265 831,525 706,796 600,777 510,660 434,061 368,952
FURNITURE - 10,000 9,000 8,100 7,290 6,561 5,905 5,314 4,783
ADDITION 10,000 -
10,000 10,000 9,000 8,100 7,290 6,561 5,905 5,314 4,783
LESS DEPRECIATION 1,000 900 810 729 656 590 531 478
10,000 9,000 8,100 7,290 6,561 5,905 5,314 4,783 4,305
TOTAL FIXED ASSETS 1,463,000 1,463,000
DEPREICATION 214,000 182,445 155,569 132,675 113,171 96,553 82,392 70,323
DEPRECIATION CHART
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, Soorsagar
Jodhpur
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FIXED ASSETS 2008-09 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
TOTAL FIXED ASSET 1,463,000 1,463,000 1,249,000 1,066,555 910,986 778,311 665,140 568,588
LESS DEPRECIATION - 214,000 182,445 155,569 132,675 113,171 96,553 82,392
1,463,000 1,249,000 1,066,555 910,986 778,311 665,140 568,588 486,196
SECURITY 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000
CURRENT ASSETS 119,000
CLOSING STOCK - 380,000 550,000 605,000 665,500 732,050 805,255 885,781
SUNDRY DEBTORS - 109,368 257,796 590,586 959,703 1,007,688 1,007,688 1,007,688
CASH IN HAND - 82,171 60,194 130,679 198,150 534,430 940,649 1,048,121
PRILIMINERY EXPENSES 75,000 64,286 53,571 42,857 32,143 21,429 10,714 0
1,782,000 2,009,825 2,113,116 2,405,109 2,758,807 3,085,736 3,457,894 3,552,785
LIABILITIES 2008-09 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
CAPITAL - 832,000 1,040,558 1,271,815 1,688,279 2,172,617 2,638,841 3,044,146
ADDITION 832,000
ADD PROFIT - 308,558 356,257 566,464 659,338 666,224 630,305 606,895
832,000 1,140,558 1,396,815 1,838,279 2,347,617 2,838,841 3,269,146 3,651,041
LESS WITHDAWALS - 100,000 125,000 150,000 175,000 200,000 225,000 250,000
832,000 1,040,558 1,271,815 1,688,279 2,172,617 2,638,841 3,044,146 3,401,041
UNSECURED LOAN - - - - - - - -
TERM LOAN 950,000 814,286 678,571 542,857 407,143 271,429 248,810
WORKING CAPITAL - - - - - - - -
TRADE CREDITORS - 154,981 162,730 173,973 179,047 175,466 164,938 151,743
1,782,000 2,009,824 2,113,116 2,405,109 2,758,807 3,085,736 3,457,894 3,552,785
PORJECTED BALANCE SHEET
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, Soorsagar
Jodhpur
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Particulars 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
CAPACITY UTILISATION 50.00% 55.00% 60.00% 65.00% 65.00% 65.00% 65.00%
A REALISATION 5,702,750 6,273,025 7,185,465 7,784,254 8,173,466 8,173,466 8,173,466
B COST
COST OF PURCHASESA) ALL TYPES MATERIAL 3,771,200 3,959,760 4,233,343 4,356,816 4,269,680 4,013,499 3,692,419
B) CONSUMABLES & UTILITY- 942,000 1,036,200 1,243,440 1,492,128 1,790,554 1,880,081 1,974,085C) WAGES & SALARY 572,700 629,970 755,964 907,157 1,088,588 1,306,306 1,567,567REPAIR AND MAINTENANCE EXPENSES 14,035 15,438 16,982 18,680 20,548 22,603 24,863
COST OF SERVICE 5,299,935 5,641,368 6,249,729 6,774,781 7,169,369 7,222,489 7,258,934ADD OPENING STOCK - 380,000 550,000 605,000 665,500 732,050 805,255LESS CLOSING STOCK 380,000 550,000 605,000 665,500 732,050 805,255 885,781COST OF PRODUCTION - B 4,919,935 5,471,368 6,194,729 6,714,281 7,102,819 7,149,284 7,178,409
C Gross Profit A-B 782,815 801,657 990,736 1,069,973 1,070,647 1,024,183 995,058
G.P.RATE 13.73 12.78 13.79 13.75 13.10 12.53 12.17
C Administrative Overhead
ADMIINISTRATIVE EXPENSES 135,600 155,940 179,331 206,231 237,165 260,882 286,970
Total Administrative Overhead C 135,600 155,940 179,331 206,231 237,165 260,882 286,970
D Cost of Realisation B+C 5,055,535 5,627,308 6,374,060 6,920,511 7,339,985 7,410,166 7,465,379
E Net Profit Before Interest and Depreicaiton 647,215 645,717 811,405 863,742 833,482 763,301 708,088
( A - D )F Financial Charges
Interest on Term Loan 113,943 96,301 78,658 61,015 43,372 25,729 8,086Interest on Unsecured Loan- Family Mem - - - - - - -Interest on Working Capital - - - - - - -
Total Financial Charges F 113,943 96,301 78,658 61,015 43,372 25,729 8,086
G Depreciation 214,000 182,445 155,569 132,675 113,171 96,553 82,392
H Preliminary Expenses W/O 10,714 10,714 10,714 10,714 10,714 10,714 10,714
I Profit Before Tax E-F-G-H 308,558 356,257 566,464 659,338 666,224 630,305 606,895
J Provision for Tax & Dividend 100,000 125,000 150,000 175,000 200,000 225,000 250,000
K Profit After Tax / Net Profit 208,558 231,257 416,464 484,338 466,224 405,305 356,895
L Add : Dep. & Prel. Exp. W/o 224,714 193,159 166,283 143,389 123,885 107,267 93,106
M Cash Profit / Accruals 433,272 424,416 582,747 627,727 590,110 512,572 450,001
ESTIMATED COST OF PRODUCTION AND PROFITABLITY
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, Soorsagar
Jodhpur
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Material Amount
1 Stock
200 70 7 98,000
OTHER STONE 20 85 7 11,900
WORK IN PROGRESS 16353 1 16,353
FINISHED PRODUCTS
STONE LIRIYA 3000 20 1 60,000
CONSUMABLE ITEMS BITS- OTHERS 25,000 25,000
PACKING MATERIALS 2,000 2,000
2 SUNDRY DEBITORS 1 15,624 3 46,872
260,125
3 LESS CREDITORS 1 9,420 15 141,300
118,825TOTAL REQUIREMENT OF WORKING CAPITAL
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, Soorsagar
Jodhpur
RAW MATERIAL- ASLATE
Qty
FEET
Rate
Per
Feet
Number
of Day -
MaterialRequire
Requirement of Working Capital
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ANNEXURE -
SIZE Area RATE QTY AMOUNT
per squre feet
1 SHED 20 * 30 600 125.00 1 75,000.00
2 OFFICE & STORE 10 * 10 100 150.00 1 15,000.00
90,000.00
9,000.00
99,000.00
OR SAY 0.99
Add : Extra for Sanitary, Water, Electrical Installation @ 10%
OFFICE BUIDLING
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, Soorsagar
Jodhpur
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ANNEXURE -
SIZE RATE QTY AMOUNT
1 CUTTER - PLAT 72" 360,000.00 1 360,000.00
48" 200,000.00 1 200,000.00
2 CUTTER 72" 30,000.00 1 30,000.00
48" 15,000.00 1 15,000.00
54" 15,000.00 1 15,000.00
3 ELECTRIC MOTORS
25 HP 55,000.00 1 55,000.00
15 HP 40,000.00 1 40,000.003 HP 15,000.00 2 30,000.00
2 HP 7,500.00 2 15,000.00
1 HP 7,000.00 2 14,000.00
DC 7,500.00 2 15,000.00
4 PANNAL SET 30,000.00 2 60,000.00
5 CABLES 50,000.00
6 CRAIN GRANITERY 344,320.00
LUMP SUM EXPENSES - CIVIL AND IRON WORK
SIZE RATE AMOUNT
IRON CHANNEL 40 POND 160 400 64,000.00
55 POND 62 500 31,000.00
IRON GUDDER 600 160 96,000.00
IRON GUDDER 12' * 6 ' 62 860 53,320.00
L & T - CHARGES 100,000.00
344,320.00
7 WATER TANKS 27 * 9 * 7 1,700 20 34,000.00 1 34,000.00
1,277,320.00
76,639.20Add : Extra Taxation and Transporation etc 6%
PLANT AND MACHINERY
M/S OM BHAGWAT STONE ARTS
Bhomiyan Ji Ka Than, Fidusar, Soorsagar
Jodhpur
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T & ME
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
GROSS INCOME
1. Sales (Net of returns)
a. Domestic Sales 5,702,750 6,273,025 7,185,465 7,784,254 8,173,466 8,173,466 8,173,466
b. Export Sales - - - - - - -
c. Sub- total (a+b) 5,702,750 6,273,025 7,185,465 7,784,254 8,173,466 8,173,466 8,173,466
d. Percentage rise (+) or fall (-) or fall (--) in sales
turnover as compared to previous year
ii. Other income
a. Duty Drawback - - - - - - -
b. Cash assistance / Sales of Import Licance - - - - - - -
c. Commission & Brokerage received ( Job work) - - - - - - -
d. Sub-total (a+b+c) - - - - - - -
iii Total (I) + (ii) 5,702,750 6,273,025 7,185,465 7,784,254 8,173,466 8,173,466 8,173,466
2 COST OF SALES
I Purchases
Purchase & W.I.P. Items 3,771,200 3,959,760 4,233,343 4,356,816 4,269,680 4,013,499 3,692,419
Total Purchases 3,771,200 3,959,760 4,233,343 4,356,816 4,269,680 4,013,499 3,692,419
iv. ADD: Opening stock - 380,000 550,000 605,000 665,500 732,050 805,255
Total Opening Stock - 380,000 550,000 605,000 665,500 732,050 805,255
vi. LESS: Closing Stock 380,000 550,000 605,000 665,500 732,050 805,255 885,781
Total Closing Stock 380,000 550,000 605,000 665,500 732,050 805,255 885,781
vii. Sub-total Material Consumed (v--vi) 3,391,200 3,789,760 4,178,343 4,296,316 4,203,130 3,940,294 3,611,893
PROJECTED
ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
(For Traders & Merchant Exporters)
FORM-II- OPERATING STATEMENT
M/S OM BHAGWAT STONE ARTS
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2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
4. OPERATING PROFIT (BEFORE INTEREST
& DEPRECIATION)
[1 (III) --2 (vii) --3] 647,215 645,717 811,405 863,742 833,482 763,301 708,088
5. INTEREST 113,943 96,301 78,658 61,015 43,372 25,729 8,086
6. DEPRECIATION 214,000 182,445 155,569 132,675 113,171 96,553 82,392
7. OPERATING PROFIT (AFTER INTEREST
& DEPRECIATION) (4-5-6) 319,272 366,971 577,178 670,053 676,939 641,019 617,610
8. I. ADD: OTHER NON-OPERATING INCOME - - - - - - -
A.B.
C. SUB-TOTAL (INCOME) - - - - - - -
II. LESS: OTHER NON-OPERATING EXPENSES
A. PRLIMINERY EXPENSES 10,714 10,714 10,714 10,714 10,714 10,714 10,714
B.
C. SUB-TOTAL (EXPENSES) 10,714 10,714 10,714 10,714 10,714 10,714 10,714
III. NET OF OTHER NON-OPERATING INCOME/
EXPENSES[Net of 8 (ii) ] (10,714) (10,714) (10,714) (10,714) (10,714) (10,714) (10,714)
9. PROFIT BEFORE TAX / LOSS [ 7+8(III) ] 308,558 356,257 566,464 659,338 666,224 630,305 606,895
10. PROVISION FOR TAXES & WITHDRAWALS - - - - - - -
11. NET PROFIT / LOSS (9--10) 308,558 356,257 566,464 659,338 666,224 630,305 606,895
12. (A) EQUITY DIVIDEND PAID** / withdrawals 100,000 125,000 150,000 175,000 200,000 225,000 250,000
13. RATAINED PROFIT (11-12) 208,558 231,257 416,464 484,338 466,224 405,305 356,895
14. RETAINED PROFIT / NET PROFIT(%AGE) 67.59 64.91 73.52 73.46 69.98 64.30 58.81
(13-11)
PROJECTED
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M/S OM BHAGWAT STONE ARTS
LIABILITIES 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
CURRENT LIABILITIES
1. Short Term Borrowing from banks(a) from applicant Bank CC - - - - - - -(b) Bank A/c - - - - - - -(c) of which BO & BD)
SUB TOTAL (A) - - - - - - -
2. Short Term Borrowing from others
3. Sundry Creditors ( Trade )(Month's Purchases) 154,981 162,730 173,973 179,047 175,466 164,938 151,743
4. Financial Creditors
5. Provision for Taxation - - - - - - -
6. Bank Loan
7. Other Statutory liabilities - - - - - - -( due within one year)
8. Deposit /Debenture / Installments - - - - - - -under term loan /dpgs etc (due withinone year )
9. Other current liabilities & provisions - - - - - - -(due within one year )
SUB TOTAL (B) 154,981 162,730 173,973 179,047 175,466 164,938 151,743
10. TOTAL CURRENT LIABILITIESTotal of 1 to 9 154,981 162,730 173,973 179,047 175,466 164,938 151,743
TERM LIABILITIES
11. Debenture12. Preference Share13. Term Loan #REF! 814,286 678,571 542,857 407,143 271,429 248,81014 Deferred Payment credit15 Term Deposit16 Other Term Liabilities- Financial Creditors - - - - - - -
17 TOTAL TERM LIABILITIES #REF! 814,286 678,571 542,857 407,143 271,429 248,81011 TO 16
18 TOTAL OUTSIDE LIABILITIES10 + 17 #REF! 977,016 852,544 721,904 582,609 436,367 400,553
FORM III
ANALYSIS OF BALANCE SHEET
PROJECTED
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CONTROL CHECKBAL AS PER PBS 2,009,824 2,113,116 2,405,109 2,758,807 3,085,736 3,457,894 3,552,785
DIFF #REF! 135,714 135,714 135,714 135,714 22,619 248,810
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2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
ASSETS IST IIND IIIRD IVTH VTH VITH VIITH
CURRENT ASSETS
26. Cash & Bank Balance ( FDR ) 82,171 60,194 130,679 198,150 534,430 940,649 1,048,12127. Investments- Advance to Compnay - - - - - - -28. Receivable 109,368 257,796 590,586 959,703 1,007,688 1,007,688 1,007,688
( Month domestic Sales)Export Receivable - - - - - - -
( Month export Sales)29 Investments under Deferred receivables30 Stock in Trade 380,000 550,000 605,000 665,500 732,050 805,255 885,781
( Month cost of sales )31. Advance to Supplies - - - - - - -32. Advance payment of taxes - - - - - - -
33 Other Current Assets - - - - - - -34 TOTAL CURRENT ASSETS 571,539 867,990 1,326,265 1,823,353 2,274,167 2,753,592 2,941,589
( Total 26 to 33 )FIXED ASSETS35 Gross Block 1,463,000 1,249,000 1,066,555 910,986 778,311 665,140 568,58836. Depreciation to date 214,000 182,445 155,569 132,675 113,171 96,553 82,39237. Net Block 1,249,000 1,066,555 910,986 778,311 665,140 568,588 486,196
OTHER NON CURRENT ASSETS38 Investment Security 125,000 125,000 125,000 125,000 125,000 125,000 125,00039. Obsolete Stock
40 Other non Current Assets41 TOTAL OTHER NON CURRENT ASSET 125,000 125,000 125,000 125,000 125,000 125,000 125,000( Total 38 to 40 )
42 Interngible Assets 64,286 53,571 42,857 32,143 21,429 10,714 043 Total AssetsTotal of 34+37+41+42 2,009,825 2,113,116 2,405,109 2,758,807 3,085,736 3,457,894 3,552,78544 Tangible Net Worth (24-42) 976,272 1,218,243 1,645,422 2,140,474 2,617,413 3,033,432 3,401,04145 Net Working Capital ( 17+24 ) - (37+41+4 #REF! 840,974 1,288,007 1,780,020 2,234,415 2,611,273 3,038,655Tally with ( 34 -10 )
(34-10) 416,558 705,260 1,152,292 1,644,305 2,098,701 2,588,654 2,789,84646. CURRENT RATIO (34/10) 3.69 5.33 7.62 10.18 12.96 16.69 19.3947 TOTAL OUTSIDE LIABILITIES /TANGIBLE NET WORTH ( 18 / 44 ) #REF! 0.80 0.52 0.34 0.22 0.14 0.12
DE Ratio ( Long Term Loan/ Equity) #REF! 0.64 0.40 0.25 0.15 0.09 0.07ADDITIONAL INFORMATION'S
(A) Arrears of Depreciation - - - - - - -
(B) Contingent Liabilities NIL NIL NIL NIL NIL NIL NIL
PROJECTED
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M/S OM BHAGWAT STONE ARTS
CURRENT ASSETS2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
Stock in Trade 380,000 550,000 605,000 665,500 732,050 805,255 885,781( Month cost of sales )
Receivable 109,368 257,796 590,586 959,703 1,007,688 1,007,688 1,007,688
( Month domestic Sales)
Investment - - - - - - -
Advance Payment to Suppliers - - - - - - -
Cash & Bank Balance 82,171 60,194 130,679 198,150 534,430 940,649 1,048,121
34 TOTAL CURRENT ASSETS 571,539 867,990 1,326,265 1,823,353 2,274,167 2,753,592 2,941,589
( Total 26 to 33 )
CURRENT LIABILITIES(Other than bank borrowing for WC - - - - - - -
Mortagage Loan - - - - - - -Sundry Creditors 154,981 162,730 173,973 179,047 175,466 164,938 151,743
( month of Purchases
Advance Payment from Customer - - - - - - -
Statutory Liabilities - - - - - - -
Other Current Liabilities - - - - - - -
Total 154,981 162,730 173,973 179,047 175,466 164,938 151,743
COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES
PROJECTED
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M/S OM BHAGWAT STONE ARTS
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
1. Total Current Assets 571,539 867,990 1,326,265 1,823,353 2,274,167 2,753,592 2,941,589
( 34 of from III)
2. Current Liabilities ( 2 to 9 of from III ) 154,981 162,730 173,973 179,047 175,466 164,938 151,743
other than bank borrowings
3. Working Capital Gap ( 1 - 2 ) 416,558 705,260 1,152,292 1,644,305 2,098,701 2,588,654 2,789,846
4. Min. stipulated Net Working
Capital 25 % of Total Current Assets
Other than export receibables(as at 28 (ii) of from (III) 142,885 216,997 331,566 455,838 568,542 688,398 735,397
5. Actual /Projected net working capital(45 in Form III ) 416,558 705,260 1,152,292 1,644,305 2,098,701 2,588,654 2,789,846
6. Items 3 minus item 4 273,673 488,262 820,726 1,188,467 1,530,159 1,900,256 2,054,448
7. Items 3 minus item 5 - - - - - - -
8. Maximum Permissible bank finance - - - - - - -
item 6 or 7 which ever is lower
9. Excess borrowings if any reprintingshortfall in NWC 273,673 488,262 820,726 1,188,467 1,530,159 1,900,256 2,054,448
( 4-5)
Will be genrate through internal resources
PROJECTED
FORM V
COMPUTATION OF MAXIMUM PERMISSIBLEBANK FINANCE FOR WORKING CAPITAL
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Name of the Party :
NOTE ON ASSESSMENT OF PBF
-1 SALES
Particulars 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
Sales 5,702,750 6,273,025 7,185,465 7,784,254 8,173,466 8,173,466 8,173,466
Growth in Sales 9.09 12.70 7.69 4.76 - -
Justification :
-2 Basic Data : (Value per month)
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
475,229 522,752 598,789 648,688 681,122 681,122 681,122
409,995 455,947 516,227 559,523 591,902 595,774 598,201
-3 NORMS - Past, Projected & Accepted
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
380,000 550,000 605,000 665,500 732,050 805,255 885,781
- - - - - - -
109,368 257,796 590,586 959,703 1,007,688 1,007,688 1,007,688
- - - - - - -
82,171 60,194 130,679 198,150 534,430 940,649 1,048,121
571,539 867,990 1,326,265 1,823,353 2,274,167 2,753,592 2,941,589
M/S OM BHAGWAT STONE ARTS
Cash & Bank
Total C.A.
Domestic Sale
Cost of Sales
Closing Stock
Investment
Receivables
Advance Payment
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-4 JUSTIFICATION FOR ACCEPTANCE OF NORMS :-
FINISHED GOODS :
RECEIVABLES :
CASH & BANK BALANCE :
-5 CHARGEABLE CURRENT ASSETS :
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15IST IIND IIIRD IVTH VTH VITH VIITH
380,000 550,000 605,000 665,500 732,050 805,255 885,781
380,000 550,000 605,000 665,500 732,050 805,255 885,781
-6 OTHER CURRENT ASSETS :
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
- - - - - - -
109,368 257,796 590,586 959,703 1,007,688 1,007,688 1,007,688
- - - - - - -
82,171 60,194 130,679 198,150 534,430 940,649 1,048,121
191,539 317,990 721,265 1,157,853 1,542,117 1,948,337 2,055,808
C / Stock - Materials
Investment
Receivables
Advance Payment
Cash & Bank Balances
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-7 OTHER CURRENT LIABILITIES :
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
- - - - - - -
154,981 162,730 173,973 179,047 175,466 164,938 151,743
- - - - - - -
154,981 162,730 173,973 179,047 175,466 164,938 151,743
-8 NET WORKING CAPITAL
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
571,539 867,990 1,326,265 1,823,353 2,274,167 2,753,592 2,941,589
154,981 162,730 173,973 179,047 175,466 164,938 151,743
416,558 705,260 1,152,292 1,644,305 2,098,701 2,588,654 2,789,846
416,558 705,260 1,152,292 1,644,305 2,098,701 2,588,654 2,789,846
- - - - - - -
COMMENTS :
-9 MPBF : 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-15 2014-15
IST IIND IIIRD IVTH VTH VITH VIITH
571,539 867,990 1,326,265 1,823,353 2,274,167 2,753,592 2,941,589
154,981 162,730 173,973 179,047 175,466 164,938 151,743
416,558 705,260 1,152,292 1,644,305 2,098,701 2,588,654 2,789,846142,885 216,997 331,566 455,838 568,542 688,398 735,397
416,558 705,260 1,152,292 1,644,305 2,098,701 2,588,654 2,789,846
273,673 488,262 820,726 1,188,467 1,530,159 1,900,256 2,054,448
- - - - - - -
- - - - - - -
5,702,750 6,273,025 7,185,465 7,784,254 8,173,466 8,173,466 8,173,466
1,425,688 1,568,256 1,796,366 1,946,063 2,043,367 2,043,367 2,043,367
285,138 313,651 359,273 389,213 408,673 408,673 408,673
416,558 705,260 1,152,292 1,644,305 2,098,701 2,588,654 2,789,846
1,009,130 862,997 644,074 301,758 (55,334) (545,287) (746,479)( 2-4 )
a ) As per second method of lending
b ) As per Nayak committee Recommendations :-1. Accepted sales turnover
2. Working Capital requirement
( 25 % of accepted sales )
3. Minimum stipulated margin
( 5 % of accepted sales )
6. Item 3 - 4
7. Item 3 - 5
8. M.P.B.F.
Say Rupees ( Lacs )
4. Available / Accpted N.W.C.
5. P.B.F
2. Other Current Liabilities
3. Working Capital Gap4. Minimum stipulated margin
(I.e., 25 % of current assets
excluding export receivable )
5. Projected/accepted N.W.C.
Total C.A.
Less : Total O.C.L.
Working Capital Gap
Less : Projected / Actual NWC
PBF
1. Total Current Assets
Advance Payment
Creditors for Materials
Creditors for Expenses