Singh PVC Manufacturers (1)

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    E).Premi

    D).Misc

    C). Plant

    A). Land

    B). Build

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    H).Cont

    Total Co

    G).Pre-O

    I).Margi

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    Contents

    Basic Cost ( 1 acres) 80.00Registration & Stamp duty @ 15% 12.00

    Cost of levelling 10.00

    Cost of laying internal roads & approach roads 20.00

    Cost of boundary walls 25.00

    Cost of bore well (3Nos.) 3.00

    Cost of main gate 0.40

    Work shop shed (10,000 sq.ft.X 3 nos. @ 500/sq.ft. ) 150.00

    Office Building (1000 sq.ft. @ 400/sq.ft.) 4.00

    Store cum godown for finished goods ( 20,000 sq.ft. @ 300/sq.ft.) 60.00

    Inventory godown (500 sq.ft @ 300/sq.ft.) 1.50

    Watchman shed & Parking stand 5.00

    Generator Room 1.00

    Other Civil Engineering Works 5.00

    Sanitary & Sewage Disposal Arrangement 20.00

    Mixer 4.00PVC pipe plant 50.00

    Dies & Mandrel 0.95

    Scraper & Grinder 1.50

    Water Tank 1.30

    Weighing Balance 0.50

    Storage racks 2.00

    Testing and Quality controls 1.00

    Technical Knowhow 1.00

    Office Equipments 1.00

    Electric Gadgets 5.00

    Air Compressor 4.00

    Electrical Installation 10.00

    DG Sets 40.00

    lary Expense

    (All figures are in lacs)

    llaneous Fixed asset

    & Machinery

    Amo

    ings & Civil works

    Cost of Project

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    MoA & Legal expenses 0.75

    Market Survey 2.00

    Feasibility report 2.00

    Traveling 2.00

    Printing and Stationery 0.50Miscellaneous 10.00

    Advertisement 2.00

    Insurance premium during construction 10.00

    Establishment 15.00

    ingencies @ 10% of Fixed Assests

    t of project

    perative Expense

    Money for working capital 1st year

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    Contents Amount

    Subsidy 50.00

    Equity Promoters 100.00

    Debt 457.72

    Total 607.72

    150.40

    246.50

    62.25

    60.00

    Sources of Fund (in lacs)

    unt

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    4.75

    39.50

    36.88

    7.45

    607.72

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    Particulars\Years Year 2007 Year 2008 Year 2009

    Sales 187.50 212.00 238.77

    Variable Expenses

    Raw Material 19.59 20.90 22.21 Consumables ( 10% of RM) 1.96 2.09 2.22

    Power & Fuel 7.00 7.49 8.01

    Other manufacturing expenses (1 Lac) 1.00 1.00 1.00

    Wages 8.52 8.95 9.39

    Total variable Expenses 38.07 40.43 42.83

    Fixed Expenses

    Administrative Expenses (1Lac) 1.00 1.00 1.00

    Other Miscellaneous (.5 lac) 0.50 0.50 0.50Total Fixed Expense 1.50 1.50 1.50

    OPBIDT 147.93 170.07 194.43

    Less: Depreciation 25.20 25.20 25.20

    OPBIT 122.73 144.88 169.23

    Less: Financial Charges

    Interest on working capital 3.13 3.36 3.60

    Interest on term loan 59.50 47.60 35.70

    Total Financial charges 62.63 50.96 39.31

    OPBT 60.10 93.92 129.93

    Preliminary Expenses Written off ( in 5 years) 0.95 0.95 0.95

    PBT 59.15 92.97 128.98

    Provision for tax (@ 30%) 13.19 26.54 40.21

    PAT 45.96 66.43 88.76

    (All figures are in lacs)

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    Year 2010 Year 2011

    253.09 268.28

    22.21 22.21

    2.22 2.22

    8.58 9.18

    1.00 1.00

    9.86 10.36

    43.86 44.96

    1.00 1.00

    0.50 0.50 1.50 1.50

    207.73 221.82

    25.20 25.20

    182.53 196.62

    3.73 3.87

    23.80 11.90

    27.54 15.77

    154.99 180.85

    0.95 0.95

    154.04 179.90

    49.95 59.69

    104.09 120.21

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    Initial cash Flow

    Operating cash flow

    (+) PAT

    (+) Interest on term Loan (1-T), tax rate=33%

    (+) Depreciation

    (+) Preminary Expenses

    Less Increase in WC Margin

    Terminal cash Flow

    (+) Net salvage value of fixed assets

    (+) Net salvage value of WC margin

    TOTAL

    (

    Cash flows fro

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    Year 0 Year 1 Year 2 Year 3 Year 4 Year 5

    - 607.72

    45.96 66.43 88.76 104.09 120.21

    39.87 31.89 23.92 15.95 7.97

    25.20 25.20 25.20 25.20 25.20

    0.95 0.95 0.95 0.95 0.95

    0.00 0.54 0.59 0.31 0.33

    469.54

    9.22

    - 607.72 111.98 123.93 138.24 145.88 632.76

    ll figures are in lacs)

    m long-term funds point of view

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    Salvage value of fixed assets

    Category Book value Depreciation

    Land 150.40 0.00Building & Civil Works 297.55 49.69

    Plant & Machinery 75.14 38.85

    Miscellaneous Fixed

    Assets 72.43 37.44

    Total 125.99

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    Terminal Value

    150.40247.86

    36.29

    34.98

    469.54

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    WACC

    Cost of Equity 15.00%

    Cost of debt 13.00%

    Equity 100.00 0.1793012 WACC

    Debt 457.72 0.8206988

    Tax 33%

    NPV

    Year 0 Year 1 Year 2 Year 3

    Cash Flows 607.72 111.98 123.93 138.24

    NPV 179.63 IRR 19%

    (All figures are in lacs)

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    9.84%

    Year 4 Year 5

    145.88 632.76

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    SL.No. Category Selling Price(per Meter)

    1 PVC pipe 90mm 100.00

    2 PVC Pipe 110mm 150.00

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    Year Year 2015 Year 2016 Year 2017

    Capicity Utilization 75% 80% 85%

    PVC pipe 90mm 100000 Meters/YearPVC Pipe 110mm 100000 Meters/Year

    Total 200000 Meters/Year

    Year 2016 Year 2017 Year 2018 Year 2019

    80000 85000 85000 85000

    106.00 112.36 119.10 126.25

    8480000.00 9550600.00 10123636.00 10731054.16

    80000 85000 85000 85000

    159.00 168.54 178.65 189.37

    12720000.00 14325900.00 15185454.00 16096581.24

    21,200,000.00 23,876,500.00 25,309,090.00 26,827,635.40 212.00 238.77 253.09 268.28

    Installed Capacity

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    Year 2018 Year 2019

    85% 85%

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    Sl.No Machine code

    1 Mixer

    2 PVC pipe plant

    3 Dies & Mandrel

    4 Scraper & Grinder

    5 Water Tank

    6 Weighing Balance

    7 Storage racks

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    8 Testing and Quality controls

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    Machinary Specification Quantity Rate

    High speed Mixer, non shell type cap.50 kg. per

    batch/hr.filled with complete controls and cooling

    arrangement

    4 100,000.00

    65 mm/18 V PVC rigid pipe extrusion plant consisting

    of twin screw extruder, vacuum sizing unit, cooling

    tank, haul off unit and cutting device complete with

    controls and motor, etc. (Capacity=200 kg/hr. )

    2 2,500,000.00

    Die size 20 1 5,000.00

    Die size 25 1 5,000.00Die size 45 1 5,000.00

    Die size 63 1 5,000.00

    Die size 75 1 5,000.00

    Die size 90 1 5,000.00

    Die size 110 1 5,000.00

    Mandrel size 2.5 kg/cm2 1 15,000.00

    Mandrel size 4 kg/cm3 1 15,000.00

    Mandrel size 6 kg/cm4 1 15,000.00

    Mandrel size 10 kg/cm5 1 15,000.00

    Scraper, grinder, heavy duty fitted with electric

    Motor 5 HP1

    150,000.00

    Overhead water tank and recycling Pump units 1 130,000.00

    heavy type industrial model 100 gm to 5 kg 2 10,000.00

    heavy type industrial model 1 kg. to 100 kg 2 15,000.00

    Pipe storage, racks, maintenance of small hand

    tools, greasing, oiling equipment, etc. 10 20,000.00

    (In I

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    Chemical testing lab., having chemical balance,

    Oven and equipment with testing equipment,

    apparatus for testing bulk density, specific gravity

    lead and tin estimation (in ppm), Lab. Equipment

    consisting of capacity testing apparatus, Impacttests, compressive strength, Hydraulic pressure (long

    term, short term) apparatus.

    1

    100,000.00

    Total

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    Total

    400,000.00

    5,000,000.00

    95,000.00

    5,000.00

    5,000.00 5,000.00

    5,000.00

    5,000.00

    5,000.00

    5,000.00

    15,000.00

    15,000.00

    15,000.00

    15,000.00

    150,000.00

    130,000.00

    50,000.00

    20,000.00

    30,000.00

    200,000.00

    NR)

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    100,000.00

    6,125,000.00

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    Year

    Total Capicity Utilization

    2,500,000.00

    40,000.0019,200.00

    9,600.00

    2,800.00

    40,800.00

    2,612,400.00

    Raw MaterialRaw Material(in lacs)

    Meters)

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    Year 2015 Year 2016 Year 2017 Year 2018

    75% 80% 85% 85%

    Year 2015 Year 2016 Year 2017 Year 2018

    1,959,300.00 2,089,920.00 2,220,540.00 2,220,540.00 19.59 20.90 22.21 22.21

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    Year 2019

    85%

    Year 2019

    2,220,540.00 22.21

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    Year on growth in

    Power & Fuel Cost 7%

    Present Rate(/KWH) 5.00

    Present Fuel Cost 200,000.00

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    Year 2018 Year 2019

    100000 100000

    6.13 6.55

    612,521.50 655,398.01

    245,008.60 262,159.20

    857,530.10 917,557.21

    8.58 9.18

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    Sl. No. Designation

    1 Manager

    2 Chemist

    3 Clerk cum typist

    4 Accountant

    5 Storekeeper

    6 Skilled workers

    7 Peon cum watchman

    Wages ( In Lacs)

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    No. Salary Total salary

    1 120,000.00 120,000.00

    1 84,000.00 84,000.00

    2 72,000.00 144,000.00

    1 72,000.00 72,000.00

    2 60,000.00 120,000.00

    5 48,000.00 240,000.00

    2 36,000.00 72,000.00

    Total 852,000.00

    Total(in lacs) 8.52

    YoY growth 5%

    Year 2015 Year 2016 Year 2017 Year 2018 Year 2019

    8.52 8.95 9.39 9.86 10.36

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    Pre-Operative Expense Conteingencies Total

    26.40 24.65 297.55

    6.67 6.23 75.14

    6.43 6.00 72.43

    39.50 36.88

    Year 2017 Year 2018 Year 2019

    9.94 9.94 9.94

    7.77 7.77 7.77

    7.49 7.49 7.49

    25.20 25.20 25.20

    Year 2017 Year 2018 Year 2019

    13.43 12.76 12.12

    9.62 7.69 6.16

    9.27 7.42 5.93

    32.32 27.87 24.21

    tive & Conteingencies

    ompanies Act ( SLM)

    come tax Act ( WDM)

    are in lacs)

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    Bank standard Loan rate for Working Capital

    Year 2018 Year 2019 14.00%

    1.85 1.85

    0.19 0.19

    1.83 1.87

    21.09 22.36

    10.00 10.00

    2.00 2.00

    1.39 1.39

    35.57 36.88

    26.67 27.66

    8.89 9.22

    Year 2019

    27.66

    3.87

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    Year 2015 Year 2016 Year 2017

    Amount 457.72 366.18 274.63Repayed 91.54 91.54 91.54

    Interest 59.50 47.60 35.70

    Repayment & Interest schedule

    (figures are in lacs)

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    Standard Bank Interest rate 13%

    Year 2018 Year 2019 Repayment

    183.09 91.54 Year 2015 Year 2016 91.54 91.54 20.00% 20.00%

    23.80 11.90

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    Year 2017 Year 201 Year 201920.00% 20.00% 20.00%

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    Year Year 2015 Year 2016

    PBT 59.15 92.97

    Add Dep. (SLM) 25.20 25.20Less Dep( WDV) 44.39 37.75

    Less Unabsorbed losses 0.00 0.00

    Taxable Income 39.96 80.42

    Tax @33% 13.19 26.54

    Total 13.19 26.54

    Computation of Tax (

    (figures are in la

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    Year 2017 Year 2018 Year 2019

    128.98 154.04 179.90

    25.20 25.20 25.20 32.32 27.87 24.21

    0.00 0.00 0.00

    121.86 151.37 180.89

    40.21 49.95 59.69

    40.21 49.95 59.69

    in lacs)

    s)