Ras Agro Processors

PROJECT AT A GLANCE - TOP SHEET

1

Name of the Entreprenuer

Suvid Vijay Fadanvis

Constitution (legal Status)

Individual

Father's/Spouce's Name

Vijay Dinkarrao Fadanvis

Unit Address

Product and By Product

Cost of Project

Means of Finance
Term Loan
KVIC Margin Money
Own Capital

Ras Agro Processors

99, Village- Hudpa, Post- Adam
Taluk/Block: Kuhi
Kuhi
District :
441210
Pin:
State:
7276490208
Phone
fadanvissuvid@gmail.com
E-Mail
Ground spices, Mixed Spices

Rs. 2,000,000

Rs. 1,800,000.00
Rs. 500,000.00
Rs. 200000.00

Debt Service Coverage

Ratio

2.53

Pay Back Period

10

Project Implementation
Period

12

11

Break Even Point

55.25%

12

Employment

Years

Months

13

Power Requirement

14

Major Raw materials

15

Estimated Annual
Sales Turnover

10 hp

Chilli powder,Turmeric powder,Mixed Spices

Rs. 7400000.00

l.com

Maharashtra

xed Spices

COST OF PROJECT
A.
a.

Fixed Capital Investment

:
625

Land

b. Machinery
Pulverizer with motor and accessories
Mixer
Packing machine
Generator
Total

Qty.
3
1
1
1

c. Preliminary & Pre-operative Cost :

Rs.

d. Furniture & Fixtures

Rs.

e. Contingency/Others/Miscellaneous

Rs.

Total Capital Expenditure

Rs.

Working Capital

Total Cost Project

3.1

Rate
32000.00
40000.00
150000.00
60000.00

Means of Financing
Own Contribution
Bank Finance
Term Loan
Working Capital

Rs.

Rs.

:
10%
:

90%
Rs.
Rs.

Total
Margin Money (Govt. Subsidy) From KVIC

Rs.

Rs.
25%

Rs.

t
Rented
Amount in Rs.
96000.00
40000.00
150000.00
60000.00
346000.00
150000.00
300000.00
2992.00
798992.00
1201008.00
2000000.00

200000.00

719093.00
1080907.00
1800000.00
500000.00

STATEMENT SHOWING THE REPAYMENT OF TERM LOAN & W

TERM LOAN

3.2

Year

Opening Balance

Installment

Closing Balance

1st
2nd
3rd
4th
5th

719093
575274
431456
287637
143819

143819
143819
143819
143819
143819

575274
431456
287637
143819
0

WORKING CAPITAL
Year

Opening Balance

Installment

Closing Balance

1st
2nd
3rd
4th
5th

1080907
864726
648544
432363
216181

216181
216181
216181
216181
216181

864726
648544
432363
216181
0

3.3
Particulars
Opening Balance
Depreciation
Closing Balance
Opening Balance
Depreciation
Closing Balance
Workshed
Machinery
Total

STATEMENT SHOWING THE DEPRECIATION ON FIXED

WORKSHED
1st Year
2nd Year
3rd Year
0
0
0
0
0
0
0
0
0
MACHINERY
346000
294100
249985
51900
44115
37498
294100
249985
212487
TOTAL DEPRECIATION
0
0
0
51900
44115
37498
51900
44115
37498

OF TERM LOAN & WORKING CAPITAL :

LOAN
Closing Balance
575274
431456
287637
143819
0

Interest @

13.00%
93482
74786
56089
37393
18696

TAL
Closing Balance
864726
648544
432363
216181
0

RECIATION ON FIXED ASSETS:

@
4th Year
0
0
0
@
212487
31873
180614
RECIATION
0
31873
31873

Interest @

13.00%
140518
112414
84311
56207
28104

60.00%
5th Year
0
0
0
15.00%
180614
27092
153522
0
27092
27092

4
4.1

Schedule of Sales Realization

Details of Sales

:
Rate/
Pair/Unit
100.00
140.00
160.00

No. of
Pair/Unit
30000
20000
10000

1st Year

2nd Year

3rd Year

Capacity Utilization

70%

80%

90%

Sales / Receipts

5180000

5920000

6660000

Particulars of Product
Chilli Powder
Turmeric Powder
Mixed Spices
Total

4.2

Capacity Utilization of Sales

Particulars

Amount in Rs.
3000000.00
2800000.00
1600000.00
7400000.00

4th Year

5th Year

90%

90%

6660000

6660000

5.1

Rawmaterials
Particulars
Chilli powder
Turmeric powder
Mixed Spices
Pkg materials
Total
Wages

:
Unit
kg
kg
kg
kg

Rate/unit Reqd.Unit
50.00
30000
70.00
20000
80.00
10000
200.00
1800

Particulars

No. of
Worker

unskilled workers
Total

Wages
Per Month
3
3

4000.00

5.2

Repairs and Maintenance

5.3

Power and Fuel

Rs.

5.4

Other Overhead Expenses

Rs.

6
6.1

Administrative Expenses
Salary
production supervisor
Marketing manager
salesman
Total

6.2

Telephone Expenses

6.4

Stationery & Postage

6.5

Advertisement & Publicity

6.6

Workshed Rent

6.7

Other Miscellaneous Expenses

Total

Rs.

:
1
1
2
4

6000.00
6000.00
5000.00

Amount in Rs.
1500000.00
1400000.00
800000.00
360000.00
4060000.00
Amount in Rs.
(Per Annum)
144000.00
144000.00
22200.00
148000.00
37000.00

72000.00
72000.00
120000.00
264000.00
7400.00
7400.00
740000.00
60000.00
74000.00
1152800.00

Capacity Utilization of Manufacturing & Administrative Expenses :

Particulars
1st Year
2nd Year
Capacity Utilization
70%
80%
Manufacturing Expenses
Rawmaterials
2842000
3248000
Wages
100800
115200
Repairs & Maintenance
15540
17760
Power & Fuel
103600
118400
Other Overhead Expenses
25900
29600
Administrative Expenses
Salary
264000
264000
Postage Telephone Expenses
5180
5920
Stationery & Postage
5180
5920
Advertisement & Publicity
518000
592000
Workshed Rent
60000
60000
Other Miscellaneous Expenses
51800
59200
Total:
3992000
4516000

Assessment of Working Capital

Particulars
Sale

Manufacturing Expenses
Raw Material
Wages
Repair & Maintenance
Power & Fuel
Other Overhead Expenses
Production Cost
Administrative Cost
Manufacturing Cost
Working Capital Estimate
Element of Working Capital
Raw materials

:
No of Days
25

Basis
Material Cost

Stock in process

12

Production Cost

Finished goods

12

Manufacturing Cost

Receivable by

25

Manufacturing Cost

Total Working Capital Requirement

Per Cycle

enses :
3rd Year
90%

4th Year
90%

5th Year
90%

3654000
129600
19980
133200
33300

3654000
129600
19980
133200
33300

3654000
129600
19980
133200
33300

264000
6660
6660
666000
60000
66600
5040000

264000
6660
6660
666000
60000
66600
5040000

264000
6660
6660
666000
60000
66600
5040000

Amount in Rs.
7400000.00

4060000.00
144000.00
22200.00
148000.00
37000.00
4411200.00
1152800.00
5564000.00
Basis
Material Cost

Amount in Rs.
338333.00

Production Cost

176448.00

Manufacturing Cost

222560.00

Manufacturing Cost

463667.00

Per Cycle

1201008.00

9
9.1

Financial Analysis
Projected Profit & Loss Account :
Particulars
Sales / Receipts
Manufacturing Expenses
Rawmaterials
Wages
Repairs & Maintenance
Power & Fuel
Other Overhead Expenses
Depreciation
Production Cost
Administrative Expenses
Salary
Postage Telephone Expenses
Stationery & Postage
Advertisement & Publicity
Workshed Rent
Other Miscellaneous Expenses
Administrative Cost
Interest on Bank credit @ 13%
Term Loan
Working Capital Loan
Cost of Sale
Net Profit Before Tax
Less Tax
Net Profit

9.2

0 Year

1st Year
5180000
5180000
2842000
100800
15540
103600
25900
51900
3139740
264000
5180
5180
518000
60000
51800
904160
93482
140518
4277900
902100
0.00
902100

CALCULATION OF DEBT SERVICE CREDIT RATIO (D.S.C.R) :

Particulars
0 Year
1st Year
Net Profit
902100
Add :
Depreciation
51900
TOTAL - A
954000
Payments :
On Term Loan :
Interest
93482
Installment
143819
On Working Capital
Interest
140518
TOTAL - B
377819
D.S.C.R = A/B
2.53

Average D.S.C.R

2.53

2nd Year
5920000
5920000

3rd Year
6660000
6660000

4th Year

3248000
115200
17760
118400
29600
44115
3573075

3654000
129600
19980
133200
33300
37498
4007578

3654000
129600
19980
133200
33300
31873
4001953

277200
5920
5920
592000
60000
59200
1000240

291060
6660
6660
666000
60000
66600
1096980

305613
6660
6660
666000
60000
66600
1111533

74786
112414
4760515
1159485
0.00
1159485

56089
84311
5244958
1415042
0.00
1415042

37393
56207
5207086
1452914
0.00
1452914

6660000
6660000

R) :
2nd Year
1159485

3rd Year
1415042

4th Year
1452914

44115
1203600

37498
1452540

31873
1484787

74786
143819

56089
143819

37393
143819

112414
331019

84311
284219

56207
237419

3.64

5.11

6.25

3.64

5.11

6.25

9.3

9.4

PROJECTED BALANCE SHEET

Particulars
LIABILITIES :
Promoters Capital
Profit
Term Loan
Working Capital Loan
Current Liabilities
Sundry Creditors

:
1st Year

2nd Year

3rd Year

200000
902100
719093
1080907
0
0
2902100

200000
1159485
575274
864726
0
0
2799485

200000
1415042
431456
648544
0
0
2695042

ASSETS :
Gross Fixed Assets :
Less : Depreciation
Net Fixed Assets
Preliminary & Pre-Op. Expenses
Current Assets
Cash in Bank/Hand
Total

646000
51900
594100
150000
1080907
1227093
2902100

594100
44115
549985
112500
864726
1384774
2799485

549985
37498
512487
84375
648544
1534011
2695042

CASH FLOW STATEMENT

Particulars
Net Profit
Add : Depreciation
Term Loan
Working Capital Loan
Promoters Capital
Total

1st Year
902100
51900
719093
1080907
200000
2954000

2nd Year
1159485
44115
575274
864726
0
2643600

3rd Year
1415042
37498
431456
648544
0
2532540

Total Fixed Capital Invested

798992

Repayment of Term Loan

Repayment of WC Loan
Current Assets
Total

143819
216181
1080907
1440907

143819
216181
864726
1224726

143819
216181
648544
1008544

Opening Balance
Surplus
Closing Balance

0
1513093
1513093

1513093
1418874
2931967

2931967
1523996
4455963

4th Year
200000
1452914
287637
432363
0
0
2372914
512487
31873
480614
63281
432363
1459937
2372914

4th Year
1452914
31873
287637
432363
0
2204787

143819
216181
432363
792363
4455963
1412424
5868387

9.5

BREAK EVEN POINT AND RATIO ANALYSIS :

Particulars
0 Year
Fixed Cost
Variable Cost
Total Cost

1st Year
1049542
3280258
4329800

2nd Year
1119141
3685489
4804630

Sales

5180000

5920000

Contribution (Sales-VC)

1899742

2234511

B.E.P in %

55.25%

50.08%

Break Even Sales in Rs.

2861772

2964995

28618

29650

1.82

1.58

17.42%

19.59%

Break Even Units

Current Ratio
Net Profit Ratio

3rd Year
1190567
4091888
5282456

4th Year
1180799
4058160
5238959

6660000

6660000

2568112

2601840

46.36%

45.38%

3087551

3022523

30876

30225

1.30

0.95

21.25%

21.82%