July-11

IndiaTalent
Title of the Proposal
FINANCIAL MODEL
IndiaTalent
Title of the Proposal
FINANCIAL MODEL

Worksheet
Key Assumptions
Balance Sheet
P&L Statement
Cash Flow Statement
Revenue Schedule
Operational Expenses
Depreciation
Amortisation
Interest-Principal
Capex
Taxes
Instruction to Proposal owners
Please ensure that the cells are linked
Working sheets (for further details) with the linkages to main templates
Summary view-it
Financials-it
Base assumptions-it Revenue-cost @ Training Center
Corp OH-it Details of expenses of Corp Office
High level view of the proposal
P&L, B/s, C/Flow together
Tax Details
Depreciation Schedule
Amortization Schedule
Capital Expenditure Details
Interest and Principal Payment Schedule
This financial model Template is designed to enable prospective
firms/individuals to project their financials for a ten year duration period.
Given below are the principal spreadsheets that can be used for developing the
financial model
Operating Expenses Calculations
Revenue Calculations
10 year forecast
10 year forecast
10 year forecast
Key Revenue and Expenses Assumptions
Description
BACK TO INDEX
All the assumptions pertaining to the financial model needs to be highlighted clearly
All numbers in INR Lacs
Revenue Assumptions
Providing vocational+ soft skill training in three different professions (called Product A, B, C)
Each Training Center runs 12 batches /annum of Product A/B/C
Product A Product B Product C
No of trainees / batch 35 35 35
Duration of training (months) 3 3 3
No of concurrent batches/center 3 3 3
No of batches/year 12 12 12
No of Trainees/annum 420 420 420
Fee/Trainee 6,500 10,500 13,000
Revenue/ Center/Annum 2,730,000 4,410,000 5,460,000
Year 1 Year 2 Year 3 Year 4 Year 5
No of Trainees
Product A 420 840 2,520 5,040 7,056
Product B 420 840 2,520 5,040 7,056
Product C 420 840 2,520 5,040 7,056
Total 1,260 2,520 7,560 15,120 21,168
No of Training Centers
Product A 1 2 6 12 17
Product B 1 2 6 12 17
Product C 1 2 6 12 17
Total 3 6 18 36 50
Cost Assumptions
Product A Product B Product C
No of concurrent batches/faculty 2 2 2
Batches/Trainer/Year 6 6 6
Cost of Trainer/month 25,000 35,000 45,000
Total Cost of Trainers/annum 600,000 840,000 1,080,000
Rental/annum 360,000 360,000 360,000
Power/annum 48,000 48,000 48,000
Water cost/annum 18,900 18,900 37,800
Staff cost/annnum 708,000 708,000 708,000
Total Content Cost 252,000 252,000 252,000
Acquisition/Sourcing Cost 204,750 330,750 409,500
Communication /annum 180,000 180,000 180,000
KEY ASSUMPTIONS
Year 6 Year 7 Year 8 Year 9 Year 10 Year 1 - 10
8,467 8,467 8,467 8,467 8,467 58,212
8,467 8,467 8,467 8,467 8,467 58,212
8,467 8,467 8,467 8,467 8,467 58,212
25,402 25,402 25,402 25,402 25,402 174,636
20 20 20 20 20
20 20 20 20 20
20 20 20 20 20
60 60 60 60 60
KEY ASSUMPTIONS
BACK TO INDEX
Note: - Proposal owner can add sub heads in each of the main heads whereever it deemed necessary
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Total Revenue 126 252 756 1,512 2,117 2,540
Total Operating Expenses 232 369 742 1,325 1,834 2,142
Earning Before Interest, Depreciation,
Taxes and Amortization (EBITDA)
-106 -117 14 187 283 398
Depreciation 8 13 31 59 81 96
Amortization
Earning Before Interest and Taxes (EBIT) -114 -130 -17 128 203 303
Interest Expense - 24 24 48 48 48
Earning Before Taxes (EBT) -114 -154 -41 80 155 255
Tax - - - - - 76
Earning After Taxes (EAT) -114 -154 -41 80 155 178
BACK TO INDEX

PROFIT AND LOSS STATEMENT
100000
Year 7 Year 8 Year 9 Year 10
2,540 2,540 2,540 2,540
2,142 2,142 2,142 2,142
398 398 398 398
96 96 96 96
303 303 303 303
48 - - -
255 303 303 303
76 91 91 91
178 212 212 212
PROFIT AND LOSS STATEMENT
BACK TO INDEX
Note: - Proposal owner can add sub heads in each of the main heads whereever it deemed necessary
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
ASSETS
Current Assets
Cash 69 251 206 312 376 562 293
Accounts Receivables 32 63 189 378 529 635 635
Inventories
Other Current Assets 50 100 100 100 100 0 0
Total Current Assets 150 414 495 790 1,005 1,197 928
Gross Fixed Assets 33 51 125 267 373 508 651
Less: Depriciation 8 21 52 111 191 287 383
Net Fixed Assets 25 30 72 157 182 221 268
TOTAL ASSETS 175 444 567 946 1,187 1,418 1,196
LIABILITIES & SHAREHOLDERS EQUITY
CURRENT LIABILITIES
Short Term Debt
Accounts Payable & Accrued Expenses
Other Current Liabilities 39 63 126 225 312 364 364
Total Curent Liabilities 39 63 126 225 312 364 364
Long Term Debt - 200 200 400 400 400 -
TOTAL LIABILITIES 39 263 326 625 712 764 364
Share capital 250 450 550 550 550 550 550
Reserves and Surplus -114 -268 -309 -229 -74 104 282
TOTAL EQUITY 136 182 241 321 476 654 832
TOTAL LIABILITIES & EQUITY 175 444 567 946 1,187 1,418 1,196
BACK TO INDEX
BALANCE SHEET
100000
Year 8 Year 9 Year 10
495 668 833
635 635 635
0 0 0
1,130 1,303 1,468
757 892 1,035
479 575 671
278 317 364
1,408 1,620 1,831
364 364 364
364 364 364
- - -
364 364 364
550 550 550
494 706 917
1,044 1,256 1,467
1,408 1,620 1,831
BALANCE SHEET
BACK TO INDEX
Note: - Proposal owner can add sub heads in each of the main heads whereever it deemed necessary
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Operating Activities
EAT (114) (154) (41) 80 155 178 178
Add depreciation 8 13 31 59 81 96 96
Add amortisation
Increase/Decrease of Working Capital (42) (58) (63) (90) (65) 47 0
Cash flow from operating activities -148 -199 -72 49 170 321 274
Investing Activities
Increase in Fixed Assets (33) (18) (73) (143) (106) (135) (143)
Cash flow from investing activities -33 -18 -73 -143 -106 -135 -143
Financing Activities
Equity infusion 250 200 100 - - - -
Long Term Debt - 200 - 200 - - 400 -
Cash flow from financing activities 250 400 100 200 0 0 -400
Net cash flow 69 182 -45 106 64 186 -269
Cumulative Cash Balance 69 251 206 312 376 562 293

Free Cash Flows (FCE) -181 -218 -145 -94 64 186 131
Project IRR 7%
BACK TO INDEX 1 2 3 4 5 6 7
0.94 0.88 0.82 0.77 0.72 0.67 0.63
169.54 - 190.57 - 119.10 - 71.95 - 46.08 124.69 82.37
CASH FLOW STATEMENT
100,000
Year 8 Year 9 Year 10
212 212 212
96 96 96
0 0 0
308 308 308 1,317
(106) (135) (143)
-106 -135 -143 -1,035
- - -
- - -
0 0 0
202 173 165
495 668 833
202 173 165 283
8 9 10
0.59 0.55 0.51
118.30 95.00 84.72 0.00 -
CASH FLOW STATEMENT
BACK TO INDEX
Note: - Proposal owner should show complete workings of all relevant revenue streams
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9
Revenue Heads
Product A 27 55 164 328 459 550 550 550 550
Product B 44 88 265 529 741 889 889 889 889
Product C 55 109 328 655 917 1,101 1,101 1,101 1,101
Total Revenue 126 252 756 1,512 2,117 2,540 2,540 2,540 2,540
BACK TO INDEX
REVENUE SUMMARY
100000
Year 10
550
889
1,101
2,540
REVENUE SUMMARY
BACK TO INDEX
Note: - Proposal owner should show complete workings of all relevant cost centres
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8
Operational Costs
Product A 24 47 142 285 398 478 478 478
Product B 27 55 164 329 460 552 552 552
Product C 31 62 185 369 517 620 620 620

Total Operational Costs 82 164 491 982 1,375 1,650 1,650 1,650
BACK TO INDEX
COST STRUCTURE
100000
Year 9 Year 10
478 478
552 552
620 620
1,650 1,650
COST STRUCTURE
BACK TO INDEX
Note: - Proposal owner should show complete workings of Depreciation details using COMPANIES ACT
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Assets
IT & Infrastructure
Depreciation
Accumulated Depreciation
Net Fixed Assets
Tools & Equipment
Depreciation
Accumulated Depreciation
Net Fixed Assets
Furniture & Fixtures
Depreciation
Accumulated Depreciation
Net Fixed Assets
Building, Interior Development
Depreciation
Accumalated Depreciation
Net Fixed Assets
Total Depreciation
DEPRECIATION
Year 8 Year 9 Year 10
DEPRECIATION
BACK TO INDEX
Note: - Proposal owner should show complete workings of amortization details if applicable
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8
Amortization Details
BACK TO INDEX
AMORTIZATION SCHEDULE
Year 9 Year 10
AMORTIZATION SCHEDULE
BACK TO INDEX
Note: - Proposal owner should show complete workings of interest and Principal repayment of NSDC Debt, if applicable
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
NSDC Debt
Tranche 1 - 200 200 200 200 200
Tranche 2 - - - 200 200 200
Interest 0 24 24 48 48 48
Principal Repayment 0 0 0 0 0 0
BACK TO INDEX

LOAN REPAYMENT SCHEDULE
100000
Note: - Proposal owner should show complete workings of interest and Principal repayment of NSDC Debt, if applicable
Year 7 Year 8 Year 9 Year 10
200 - - - 5
200 - - -
48 0 0 0
400 0 0 0
LOAN REPAYMENT SCHEDULE
BACK TO INDEX
Note: - Proposal owner should show complete workings of capital expenditure being during the course of the project
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Capital Expenditure
Training Center Product 1 5 5 20 36 30 38
Training Center Product 2 6 6 24 43 35 45
Training Center Product 3 7 7 28 50 41 52
Corporate Office 15 - - 15 - -
Total Capex 33 18 73 143 106 135
BACK TO INDEX
Product A Product B Product C
Capex for a Training Center
Total Office Furniture & Interiors 3.2 3.2 3.2
PC+ Printer 0.6 0.6 0.6
White Goods 0.3 0.3 0.3
Training Equipment 1.0 2.0 3.0
5.1 6.1 7.1
CAPITAL EXPENDITURE
100000
Note: - Proposal owner should show complete workings of capital expenditure being during the course of the project
Year 7 Year 8 Year 9 Year 10
36 30 38 36
43 35 45 43
50 41 52 50
15 - - 15
143 106 135 143
CAPITAL EXPENDITURE
BACK TO INDEX
Note: - Proposal owner should show complete workings of Tax details if applicable
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8
Tax Details - - - - - 76 76 91
BACK TO INDEX
TAX SCHEDULE
100000
Year 9 Year 10
91 91
TAX SCHEDULE
Summary of Financials (in INR Lacs)
Year 1 Year 2 Year 3
No. of students trained 1,260 2,520 7,560
Avg Fee/Student (INR) 10,000 10,000 10,000
No. of batches 36 72 216
No. of Training Centers 3 6 18
Revenue 126 252 756
Op Margin (EBIT) 114 - 130 - 17 -
EBIT% to Rev -91% -52% -2%
Interest - 24 24
PAT 114 - 154 - 41 -
PAT % to Rev 0% 0% 0%
Fresh Capex 33 18 73
Equity 250 450 550
Debt - 200 200
Closing Cash Balance 69 251 206
Cash from Ops
(EBT+Dep) 106 - 141 - 10 -
- 1.10 0.83
Total Cost (till EBT) 240 406 797
Cost/Trainee (lacs) 0.191 0.161 0.105
Cost/Trainee/week (INR)
assuming training duration of
12 weeks/course
1,590 1,343 878
Equity needed to fund initial Capex and Working Capital
Year 1 Year 2 Year 3
250 200 100
Debt needed
- 200 -
Validating our understanding - initial data points
Business of end customer who would hire trained students
Fee to be charged for various products, duration of course, concurrency of batches and corresponding volume
Location of centers - would determine rentals and cost of trainer
Potential of IT to increase concurrency
Other cost line items on Marketing, Bus Dev. expenses
Debt to Equity (Equity+Reserve)
Ratio
Year 4 Year 5 Year 6 Year 7 Year 8
15,120 21,168 25,402 25,402 25,402
10,000 10,000 10,000 10,000 10,000
432 605 726 726 726
36 50 60 60 60
1,512 2,117 2,540 2,540 2,540
128 203 303 303 303
8% 10% 12% 12% 12%
48 48 48 48 -
80 155 178 178 212
5% 7% 7% 7% 8%
143 106 135 143 106
550 550 550 550 550
400 400 400 - -
312 376 562 293 495
139 235 350 350 398
1.25 0.84 0.61 - -
1,432 1,962 2,286 2,286 2,238
0.095 0.093 0.090 0.090 0.088
789 772 750 750 734
Year 4 Year 5 Year 6 Year 7 Year 8
- - - - -
200 - - -
Fee to be charged for various products, duration of course, concurrency of batches and corresponding volume
100000
Year 9 Year 10 Year 1 - 10
25,402 25,402 174,636
10,000 10,000
726 726
60 60
2,540 2,540 17,464
303 303 1,582
12% 12% 9%
- -
212 212 917
8% 8% 5%
135 143 1,035
550 550
- -
668 833
398 398
- -
2,238 2,238 16,121
0.088 0.088 0.092
734 734 769
Year 9 Year 10 Year 1 - 10
- - 550
- - 400
Year 1 Year 2
Product A Trainees 420 840
Product B Trainees 420 840
Product C Trainees 420 840
1,260 2,520
Product A Trainee/batch 35 35
Product B Trainee/batch 35 35
Product C Trainee/batch 35 35
Product A No of batches 12 24
Product B No of batches 12 24
Product C No of batches 12 24
36 72
Product A Concurrency 3 3
Product B Concurrency 3 3
Product C Concurrency 3 3
Product A Start of NEW Batches/year 4 4
Product B Start of NEW Batches/year 4 4
Product C Start of NEW Batches/year 4 4
Product A Training Centers 1 2
Product B Training Centers 1 2
Product C Training Centers 1 2
3 6
Year 1 Year 2
Product A Revenue/Center 2,730,000 2,730,000
Product A VC/center 2,371,650 2,371,650
Product A Dep/center 127,500 127,500
Product A Op Profit/Center 230,850 230,850
Product A Op Margin 8% 8%
Product A Revenue 2,730,000 5,460,000
Product A VC 2,371,650 4,743,300
Product A Dep 127,500 255,000
Product A Op Profit 230,850 461,700
Op Margin 8% 8%
Product B Revenue/Center 4,410,000 4,410,000
Product B VC/center 2,737,650 2,737,650
Product B Dep/center 152,500 152,500
Product B Op Profit/Center 1,519,850 1,519,850
Op Margin 34% 34%
Product B Revenue 4,410,000 8,820,000
Product B VC 2,737,650 5,475,300
Product B Dep 152,500 305,000
Product B Op Profit 1,519,850 3,039,700
Op Margin 34% 34%
Product C Revenue/Center 5,460,000 5,460,000
Product C VC/center 3,075,300 3,075,300
Product C Dep/center 177,500 177,500
Product C Op Profit/Center 2,207,200 2,207,200
Op Margin 40% 40%
Product C Revenue 5,460,000 10,920,000
Product C VC 3,075,300 6,150,600
Product C Dep 177,500 355,000
Product C Op Profit 2,207,200 4,414,400
Op Margin 40% 40%
Corp Costs VC 15,034,400 20,552,800
Dep 367,500 367,500
Year 1 Year 2
Total Revenue 12,600,000 25,200,000
Total VC 23,219,000 36,922,000
Total Dep 825,000 1,282,500
Total Op Profit 11,444,000 - 13,004,500 -
Op Margin -91% -52%
Interest - 2,400,000
EBT 11,444,000 - 15,404,500 -
Cum EBT 11,444,000 - 26,848,500 -
Tax 30% - -
PAT 11,444,000 - 15,404,500 -
Cum PAT
Total VC 23,219,000 36,922,000
WC 0.33 7,662,270 12,184,260
Year 1 Year 2
Product A Training Centers 1 2
Product B Training Centers 1 2
Product C Training Centers 1 2
Product A Capex/TC 510,000
Product B Capex/TC 610,000
Product C Capex/TC 710,000
Product A Year 1 1
Year 2 1
Year 3
Year 4
Year 5
Year 6
Year 7
Total 1 1
Product B Year 1 1
Year 2 1
Year 3
Year 4
Year 5
Year 6
Year 7
Total 1 1
Product C Year 1 1
Year 2 1
Year 3
Year 4
Year 5
Year 6
Year 7
Total 1 1
Capex Product A 510,000 510,000
Product B 610,000 610,000
Product C 710,000 710,000
1,830,000 1,830,000
Corp 1,470,000
Total Capex 3,300,000 1,830,000
Year 1 Year 2
Balance Sheet
Equity 25,000,000 45,000,000
Res (Cum Profit/Loss) 11,444,000 - 26,848,500 -
Debt 20,000,000
Current Libilities 0.17 3,947,230 6,276,740
Total 17,503,230 44,428,240
Fixed Assets 3,300,000 5,130,000
Less Dep 825,000 2,107,500
Net Fixed Assets 2,475,000 3,022,500
Receivables 0.25 3,150,000 6,300,000
Advance for Dev Content 5,000,000 10,000,000
Cash and Bank 6,878,230 25,105,740
Total 17,503,230 44,428,240
Check - -
Equity+Reserve 13,556,000 18,151,500
Debt - 20,000,000
D/E Ratio - 1.1
Year 1 Year 2
Cash Flow
Opening Bal 0 6,878,230
Sources
Equity 25,000,000 20,000,000
Profit/Loss after Tax 11,444,000 - 15,404,500 -
Dep 825,000 1,282,500
Change in Debt - 20,000,000
Change in CL 3,947,230 2,329,510
18,328,230 28,207,510
Utilization
Change in Fixed Assets 3,300,000 1,830,000
Change in CA 3,150,000 3,150,000
Adv for Content Dev 5,000,000 5,000,000
11,450,000 9,980,000
Net Cash in/Out 6,878,230 18,227,510
Cl Bal 6,878,230 25,105,740
Debt Schedule Year 1 Year 2
Tranche I Op Bal 0 20,000,000
Repayment 0
Cl Bal 20,000,000
Tranche 2 Op Bal
Repayment
Cl Bal
Tranche 2 Op Bal
Repayment
Cl Bal
Tranche 4 Op Bal
Repayment
Cl Bal
Tranche 5 Op Bal
Repayment
Cl Bal
Tranche 6 Op Bal
Repayment
Cl Bal
Total Op Bal - 20,000,000
Total Repayment - -
Total Cl Bal - 20,000,000
Int 12% - 2,400,000
Year 3 Year 4 Year 5 Year 6 Year 7
2,520 5,040 7,056 8,467 8,467
2,520 5,040 7,056 8,467 8,467
2,520 5,040 7,056 8,467 8,467
7,560 15,120 21,168 25,402 25,402
35 35 35 35 35
35 35 35 35 35
35 35 35 35 35
72 144 202 242 242
72 144 202 242 242
72 144 202 242 242
216 432 605 726 726
3 3 3 3 3
3 3 3 3 3
3 3 3 3 3
4 4 4 4 4
4 4 4 4 4
4 4 4 4 4
6 12 17 20 20
6 12 17 20 20
6 12 17 20 20
18 36 50 60 60
Year 3 Year 4 Year 5 Year 6 Year 7
2,730,000 2,730,000 2,730,000 2,730,000 2,730,000
2,371,650 2,371,650 2,371,650 2,371,650 2,371,650
127,500 127,500 127,500 127,500 127,500
230,850 230,850 230,850 230,850 230,850
8% 8% 8% 8% 8%
16,380,000 32,760,000 45,864,000 55,036,800 55,036,800
14,229,900 28,459,800 39,843,720 47,812,464 47,812,464
765,000 1,530,000 2,142,000 2,570,400 2,570,400
1,385,100 2,770,200 3,878,280 4,653,936 4,653,936
8% 8% 8% 8% 8%
4,410,000 4,410,000 4,410,000 4,410,000 4,410,000
2,737,650 2,737,650 2,737,650 2,737,650 2,737,650
152,500 152,500 152,500 152,500 152,500
1,519,850 1,519,850 1,519,850 1,519,850 1,519,850
34% 34% 34% 34% 34%
26,460,000 52,920,000 74,088,000 88,905,600 88,905,600
16,425,900 32,851,800 45,992,520 55,191,024 55,191,024
915,000 1,830,000 2,562,000 3,074,400 3,074,400
9,119,100 18,238,200 25,533,480 30,640,176 30,640,176
34% 34% 34% 34% 34%
5,460,000 5,460,000 5,460,000 5,460,000 5,460,000
3,075,300 3,075,300 3,075,300 3,075,300 3,075,300
177,500 177,500 177,500 177,500 177,500
2,207,200 2,207,200 2,207,200 2,207,200 2,207,200
40% 40% 40% 40% 40%
32,760,000 65,520,000 91,728,000 110,073,600 110,073,600
18,451,800 36,903,600 51,665,040 61,998,048 61,998,048
1,065,000 2,130,000 2,982,000 3,578,400 3,578,400
13,243,200 26,486,400 37,080,960 44,497,152 44,497,152
40% 40% 40% 40% 40%
25,045,300 34,321,275 45,855,506 49,169,918 49,169,918
367,500 367,500 367,500 367,500 367,500
Year 3 Year 4 Year 5 Year 6 Year 7
75,600,000 151,200,000 211,680,000 254,016,000 254,016,000
74,152,900 132,536,475 183,356,786 214,171,454 214,171,454
3,112,500 5,857,500 8,053,500 9,590,700 9,590,700
1,665,400 - 12,806,025 20,269,714 30,253,846 30,253,846
-2% 8% 10% 12% 12%
2,400,000 4,800,000 4,800,000 4,800,000 4,800,000
4,065,400 - 8,006,025 15,469,714 25,453,846 25,453,846
30,913,900 - 22,907,875 - 7,438,161 - 18,015,685 43,469,530
- - - 7,636,154 7,636,154
4,065,400 - 8,006,025 15,469,714 17,817,692 17,817,692
74,152,900 132,536,475 183,356,786 214,171,454 214,171,454
24,470,457 43,737,037 60,507,739 70,676,580 70,676,580
Year 3 Year 4 Year 5 Year 6 Year 7
6 12 16.8 20.16 20.16
6 12 16.8 20.16 20.16
6 12 16.8 20.16 20.16
1 1
1
4 4
6 6
4.8
3.36
0
4 7 5.8 7.36 7
1 1
1
4 4
6 6
4.8
3.36
0
4 7 5.8 7.36 7
1 1
1
4 4
6 6
4.8
3.36
0
4 7 5.8 7.36 7
2,040,000 3,570,000 2,958,000 3,753,600 3,570,000
2,440,000 4,270,000 3,538,000 4,489,600 4,270,000
2,840,000 4,970,000 4,118,000 5,225,600 4,970,000
7,320,000 12,810,000 10,614,000 13,468,800 12,810,000
1,470,000 1,470,000
7,320,000 14,280,000 10,614,000 13,468,800 14,280,000
Year 3 Year 4 Year 5 Year 6 Year 7
55,000,000 55,000,000 55,000,000 55,000,000 55,000,000
30,913,900 - 22,907,875 - 7,438,161 - 10,379,531 28,197,223
20,000,000 40,000,000 40,000,000 40,000,000
12,605,993 22,531,201 31,170,654 36,409,147 36,409,147
56,692,093 94,623,326 118,732,492 141,788,678 119,606,370
12,450,000 26,730,000 37,344,000 50,812,800 65,092,800
5,220,000 11,077,500 19,131,000 28,721,700 38,312,400
7,230,000 15,652,500 18,213,000 22,091,100 26,780,400
18,900,000 37,800,000 52,920,000 63,504,000 63,504,000
10,000,000 10,000,000 10,000,000 - -
20,562,093 31,170,826 37,599,492 56,193,578 29,321,970
56,692,093 94,623,326 118,732,492 141,788,678 119,606,370
- - - - -
24,086,100 32,092,125 47,561,839 65,379,531 83,197,223
20,000,000 40,000,000 40,000,000 40,000,000 -
0.8 1.2 0.8 0.6 -
Year 3 Year 4 Year 5 Year 6 Year 7
25,105,740 20,562,093 31,170,826 37,599,492 56,193,578
10,000,000 - - - -
4,065,400 - 8,006,025 15,469,714 17,817,692 17,817,692
3,112,500 5,857,500 8,053,500 9,590,700 9,590,700
- 20,000,000 - - 40,000,000 -
6,329,253 9,925,208 8,639,453 5,238,494 -
15,376,353 43,788,733 32,162,667 32,646,886 12,591,608 -
7,320,000 14,280,000 10,614,000 13,468,800 14,280,000
12,600,000 18,900,000 15,120,000 10,584,000 -
- - - 10,000,000 - -
19,920,000 33,180,000 25,734,000 14,052,800 14,280,000
4,543,647 - 10,608,733 6,428,667 18,594,086 26,871,608 -
20,562,093 31,170,826 37,599,492 56,193,578 29,321,970
Year 3 Year 4 Year 5 Year 6 Year 7
20,000,000 20,000,000 20,000,000 20,000,000 20,000,000
20,000,000
20,000,000 20,000,000 20,000,000 20,000,000 -
- - - - -
- - - - -
20,000,000 20,000,000 20,000,000 20,000,000
20,000,000
20,000,000 20,000,000 20,000,000 -
- - -
- - -
- -
- -
-
20,000,000 40,000,000 40,000,000 40,000,000 40,000,000
- - - - 40,000,000
20,000,000 40,000,000 40,000,000 40,000,000 -
2,400,000 4,800,000 4,800,000 4,800,000 4,800,000
Year 8 Year 9 Year 10 Year 1 - 10
8,467 8,467 8,467 58,212 33%
8,467 8,467 8,467 58,212 33%
8,467 8,467 8,467 58,212 33%
25,402 25,402 25,402 174,636
35 35 35
35 35 35
35 35 35
242 242 242 1,663
242 242 242 1,663
242 242 242 1,663
726 726 726 4,990
3 3 3
3 3 3
3 3 3
4 4 4
4 4 4
4 4 4
20 20 20
20 20 20
20 20 20
60 60 60
Year 8 Year 9 Year 10 Year 1 - 10
2,730,000 2,730,000 2,730,000
2,371,650 2,371,650 2,371,650
127,500 127,500 127,500
230,850 230,850 230,850
8% 8% 8%
55,036,800 55,036,800 55,036,800
47,812,464 47,812,464 47,812,464
2,570,400 2,570,400 2,570,400
4,653,936 4,653,936 4,653,936
8% 8% 8%
4,410,000 4,410,000 4,410,000
2,737,650 2,737,650 2,737,650
152,500 152,500 152,500
1,519,850 1,519,850 1,519,850
34% 34% 34%
88,905,600 88,905,600 88,905,600
55,191,024 55,191,024 55,191,024
3,074,400 3,074,400 3,074,400
30,640,176 30,640,176 30,640,176
34% 34% 34%
5,460,000 5,460,000 5,460,000
3,075,300 3,075,300 3,075,300
177,500 177,500 177,500
2,207,200 2,207,200 2,207,200
40% 40% 40%
110,073,600 110,073,600 110,073,600
61,998,048 61,998,048 61,998,048
3,578,400 3,578,400 3,578,400
44,497,152 44,497,152 44,497,152
40% 40% 40%
49,169,918 49,169,918 49,169,918
367,500 367,500 367,500
Year 8 Year 9 Year 10 Year 1 - 10
254,016,000 254,016,000 254,016,000 1,746,360,000
214,171,454 214,171,454 214,171,454 1,521,044,433
9,590,700 9,590,700 9,590,700 67,084,500
30,253,846 30,253,846 30,253,846 158,231,068
12% 12% 12% 9%
- - -
30,253,846 30,253,846 30,253,846
73,723,376 103,977,222 134,231,068
9,076,154 9,076,154 9,076,154
21,177,692 21,177,692 21,177,692
214,171,454 214,171,454 214,171,454
70,676,580 70,676,580 70,676,580
Year 8 Year 9 Year 10 Year 1 - 10
20.16 20.16 20.16
20.16 20.16 20.16
20.16 20.16 20.16
1
1 1
4
6
4.8
3.36
5.8 7.36 7
1
1 1
4
6
4.8
3.36
5.8 7.36 7
1
1 1
4
6
4.8
3.36
5.8 7.36 7
2,958,000 3,753,600 3,570,000
3,538,000 4,489,600 4,270,000
4,118,000 5,225,600 4,970,000
10,614,000 13,468,800 12,810,000
1,470,000
10,614,000 13,468,800 14,280,000
Year 8 Year 9 Year 10 Year 1 - 10
55,000,000 55,000,000 55,000,000
49,374,915 70,552,607 91,730,299
36,409,147 36,409,147 36,409,147
140,784,062 161,961,754 183,139,446
75,706,800 89,175,600 103,455,600
47,903,100 57,493,800 67,084,500
27,803,700 31,681,800 36,371,100
63,504,000 63,504,000 63,504,000
- - -
49,476,362 66,775,954 83,264,346
140,784,062 161,961,754 183,139,446
- - -
104,374,915 125,552,607 146,730,299
- - -
- - -
Year 8 Year 9 Year 10 Year 1 - 10
29,321,970 49,476,362 66,775,954
- - -
21,177,692 21,177,692 21,177,692
9,590,700 9,590,700 9,590,700
- - -
- - -
30,768,392 30,768,392 30,768,392
10,614,000 13,468,800 14,280,000
- - -
- - -
10,614,000 13,468,800 14,280,000
20,154,392 17,299,592 16,488,392
49,476,362 66,775,954 83,264,346
Year 8 Year 9 Year 10 Year 1 - 10
- -
-
- - -
- - - -
-
- - - -
- -
- -
- - -
-
- - -
- - -
-
- - -
- - -
-
- - -
- - -
- - -
- - -
- - -
Revenue lines
Product A
OTC 30 No of trainees / batch 35
OTC 3 Duration of training (months) 3
2 No of concurrent batches/center 3
8 No of batches/year 12
No of concurrent batches/faculty 2
Batches/Trainer/Year 6
No of Trainers 2.00
240 No of trainees 420
9,000 Fee/Trainee 6,500
2,160,000 Total fee 2,730,000
Cost of Training
Cost of Trainer/pm 25,000
Total Cost of Trainer / annum 600,000
Rental Area (sq ft) 2,000
Rental Rs/Sq ft/month 15
Rental/pm 30,000
Rental/annum 360,000
Power (units) /month 400
Power Tarriff (Rs/unit) 10
Power/month 4,000
Power/annum 48,000
Water (lit) /month 6,300
Water Rs/lit 0.25
Water cost/month 1,575
Water cost/annum 18,900
Staff
Facility Manager 1
Guards 2
Office Boy 1
Receptionist 1
Salary - Facility Manager 20,000
Guard 8,000
Office Boy 6,000
Receptionist 10,000
Misc 15,000
Staff cost/month 59,000
Staff cost/annnum 708,000
Course Material
Physical content/trainee 300
Virtual Content/trainee 200
Other /trainee 100
Total Content/Trainee 600
Total Content Cost 252,000
Communication /annum 180,000
Total Variable Cost
Total Cost of Trainer / annum 600,000
Rental/annum 360,000
Power/annum 48,000
Water cost/annum 18,900
Staff cost/annnum 708,000
Total Content Cost 252,000
7.5% Acquisition/Sourcing Cost 204,750
Communication /annum 180,000
Total VC 2,371,650
Contribution 358,350
Contribution % 13%
Capex
Office Furniture /unit 8,000
No of units - Trainees + Office Staff 40
Office Interiors -
Total Office Furniture & Interiors 320,000
PC+ Printer (no. of units) 2
PC+ Printer (cost/unit) 30,000
PC+ Printer 60,000
White Goods 30,000
Training Equipment 100,000
Total Capex 510,000
Depreciation (useful life) years 4
Total Office Furniture & Interiors 80,000
PC+ Printer 15,000
White Goods 7,500
Training Equipment 25,000
127,500
Operating Profit (EBIT) excl Corp O/H 230,850
OP % 8%
Product B
No of trainees / batch 35
Duration of training (months) 3
No of concurrent batches/facility 2 3
No of batches/year 12
2
Batches/Trainer 6
No of Trainers 2.00
No of trainees 420
Fee/Trainee 10,500
Total fee 4,410,000
Cost of Training
Cost of Trainer/pm 35,000
Total Cost of Trainer / annum 840,000
Rental Area (sq ft) 2,000
Rental Rs/Sq ft/month 15
Rental/pm 30,000
Rental/annum 360,000
Power (units) /month 400
Power Tarriff (Rs/unit) 10
Power/month 4,000
Power/annum 48,000
Water (lit) /month 6,300
Water Rs/lit 0.25
Water cost/month 1,575
Water cost/annum 18,900
Staff
Facility Manager 1
Guards 2
Office Boy 1
Receptionist 1
Salary - Facility Manager 20,000
Guard 8,000
Office Boy 6,000
Receptionist 10,000
Misc 15,000
Staff cost/month 59,000
Staff cost/annnum 708,000
Course Material
Physical content/trainee 300
Virtual Content/trainee 200
Other /trainee 100
Total Content/Trainee 600
Total Content Cost 252,000
Communication /annum 180,000
Total Variable Cost
Total Cost of Trainer / annum 840,000
Rental/annum 360,000
Power/annum 48,000
Water cost/annum 18,900
Staff cost/annnum 708,000
Total Content Cost 252,000
Acquisition/Sourcing Cost 330,750
Communication /annum 180,000
Total VC 2,737,650
Contribution 1,672,350
Contribution % 38%
Capex
Office Furniture /unit 8,000
No of units - Trainees + Office Staff 40
Office Interiors -
Office Furniture 320,000
PC+ Printer (no. of units) 2
PC+ Printer (cost/unit) 30,000
PC+ Printer 60,000
White Goods 30,000
Training Equipment 200,000
Total Capex 610,000
Depreciation (useful life) years 4
Office Furniture 80,000
PC+ Printer 15,000
White Goods 7,500
Training Equipment 50,000
152,500
Operating Profit (EBIT) excl Corp O/H 1,519,850
OP % 34%
Product C
No of trainees / batch 35
Duration of training (months) 3
No of concurrent batches/facility 2 3
No of batches/year 12
2
Batches/Trainer 6
No of Trainers 2.00
No of trainees 420
Fee/Trainee 13,000
Total fee 5,460,000
Cost of Training
Cost of Trainer/pm 45,000
Total Cost of Trainer / annum 1,080,000
Rental Area (sq ft) 2,000
Rental Rs/Sq ft/month 15
Rental/pm 30,000
Rental/annum 360,000
Power (units) /month 400
Power Tarriff (Rs/unit) 10
Power/month 4,000
Power/annum 48,000
Water (lit) /month 6,300
Water Rs/lit 0.50
Water cost/month 3,150
Water cost/annum 37,800
Staff
Facility Manager 1
Guards 2
Office Boy 1
Receptionist 1
Salary - Facility Manager 20,000
Guard 8,000
Office Boy 6,000
Receptionist 10,000
Misc 15,000
Staff cost/month 59,000
Staff cost/annnum 708,000
Course Material
Physical content/trainee 300
Virtual Content/trainee 200
Other /trainee 100
Total Content/Trainee 600
Total Content Cost 252,000
Communication /annum 180,000
Total Variable Cost
Total Cost of Trainer / annum 1,080,000
Rental/annum 360,000
Power/annum 48,000
Water cost/annum 37,800
Staff cost/annnum 708,000
Total Content Cost 252,000
Acquisition/Sourcing Cost 409,500
Communication /annum 180,000
Total VC 3,075,300
Contribution 2,384,700
Contribution % 44%
Capex
Office Furniture /unit 8,000
No of units - Trainees + Office Staff 40
Office Interiors -
Office Furniture 320,000
PC+ Printer (no. of units) 2
PC+ Printer (cost/unit) 30,000
PC+ Printer 60,000
White Goods 30,000
Training Equipment 300,000
Total Capex 710,000
Depreciation (useful life) years 4
Office Furniture 80,000
PC+ Printer 15,000
White Goods 7,500
Training Equipment 75,000
177,500
Operating Profit (EBIT) excl Corp O/H 2,207,200
OP % 40%
20% 20%
Year 1 Year 2 Year 3
Salary Promoter 1/ annum 2,400,000 2,880,000 3,456,000
Salary Promoter 2/ annum 2,400,000 2,880,000 3,456,000
Salary Promoter 3/ annum 2,400,000 2,880,000 3,456,000
7,200,000 8,640,000 10,368,000
10% 15%
Salary Marketing Team
Marketing Head
Marketing Manager 1,000,000 1,100,000 1,265,000
Marketing AM1 700,000 770,000 885,500
Marketing AM2 700,000 770,000 885,500
BD AM1 500,000 575,000
BD AM2 500,000 575,000
Marketing Team' Salary 2,400,000 3,640,000 4,186,000
Salary Support Staff
AM1 700,000 770,000 885,500
AM2 700,000 805,000
Exe 1 (Receptionist) 400,000 440,000 506,000
Exe 2 400,000 460,000
Outsourced 1 240,000 276,000
Outsourced 2 240,000 276,000
Support Staff Salary 1,100,000 2,790,000 3,208,500
Business Development Exp 3,000,000 3,900,000 5,070,000
Communication 600,000 780,000 1,014,000
Travel
Centers 3 6 18
Travel /Center/Annum - intracity 60 48 36
Travel /Center/Annum - intercity 36 24 24
Intra city travel cost/unit 300 300 300
Inter city travel cost/unit 1,000 1,000 1,000
Intra city travel cost 54,000 86,400 194,400
Inter city travel cost 108,000 144,000 432,000
Travel Cost 162,000 230,400 626,400
Office Costs
Rental
Office Space (sq ft) 1500 1500 1500
Rental /sq ft/month 15 15 15
Rental/annum 270,000 270,000 270,000
Power
Units/month 2520 2520 2520 2520
Cost/unit 10 10 10 10
Cost/annum 302,400 302,400 302,400 302,400
Total Corp OH 15,034,400 20,552,800 25,045,300
Capex
IT
Laptops 10
PC 8
Printer 2
Laptop Cost/unit 45,000
PC 25,000
Printer 10,000
IT Capex 670,000
Office Furniture
Units 20
Cost/unit 40000
Office Furniture 800,000
Total Capex 1,470,000
Useful life (years) 4
Dep 367,500 367,500 367,500 367,500
40% 50% 0% 0% 0% 0%
Year 4 Year 5 Year 6 Year 7 Year 8 Year 9
4,838,400 7,257,600 7,257,600 7,257,600 7,257,600 7,257,600
4,838,400 7,257,600 7,257,600 7,257,600 7,257,600 7,257,600
4,838,400 7,257,600 7,257,600 7,257,600 7,257,600 7,257,600
14,515,200 21,772,800 21,772,800 21,772,800 21,772,800 21,772,800
15% 15% 0% 0% 0% 0%
2,000,000 2,300,000 2,300,000 2,300,000 2,300,000 2,300,000
1,454,750 1,672,963 1,672,963 1,672,963 1,672,963 1,672,963
1,018,325 1,171,074 1,171,074 1,171,074 1,171,074 1,171,074
1,018,325 1,171,074 1,171,074 1,171,074 1,171,074 1,171,074
661,250 760,438 760,438 760,438 760,438 760,438
661,250 760,438 760,438 760,438 760,438 760,438
6,813,900 7,835,985 7,835,985 7,835,985 7,835,985 7,835,985
1,018,325 1,171,074 1,171,074 1,171,074 1,171,074 1,171,074
925,750 1,064,613 1,064,613 1,064,613 1,064,613 1,064,613
581,900 669,185 669,185 669,185 669,185 669,185
529,000 608,350 608,350 608,350 608,350 608,350
317,400 365,010 365,010 365,010 365,010 365,010
317,400 365,010 365,010 365,010 365,010 365,010
3,689,775 4,243,241 4,243,241 4,243,241 4,243,241 4,243,241
6,591,000 8,568,300 11,138,790 11,138,790 11,138,790 11,138,790
1,318,200 1,713,660 2,227,758 2,227,758 2,227,758 2,227,758
36 50 60 60 60 60
36 36 36 36 36 36
12 12 12 12 12 12
300 300 300 300 300 300
1,000 1,000 1,000 1,000 1,000 1,000
388,800 544,320 653,184 653,184 653,184 653,184
432,000 604,800 725,760 725,760 725,760 725,760
820,800 1,149,120 1,378,944 1,378,944 1,378,944 1,378,944
1500 1500 1500 1500 1500 1500
15 15 15 15 15 15
270,000 270,000 270,000 270,000 270,000 270,000
2520 2520 2520 2520 2520 2520
10 10 10 10 10 10
302,400 302,400 302,400 302,400 302,400 302,400
34,321,275 45,855,506 49,169,918 49,169,918 49,169,918 49,169,918
367,500 367,500 367,500 367,500 367,500 367,500
0%
Year 10
7,257,600
7,257,600
7,257,600
21,772,800
0%
2,300,000
1,672,963
1,171,074
1,171,074
760,438
760,438
7,835,985
1,171,074
1,064,613
669,185
608,350
365,010
365,010
4,243,241
11,138,790
2,227,758
60
36
12
300
1,000
653,184
725,760
1,378,944
1500
15
270,000
2520
10
302,400
49,169,918
367,500
OTC
FTC
TTC
ITC