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PROJECT REPORT

OF

ABC

VILLAGE .... TEHSIL , DISTT.

. .

For setting-up of Shade Net-House on 24000 Sq Mt


for growing Vegetables and Poly House on 40000 Sq
Mt of Agriculture Land for growing Rose Flower
Subsidy under NHB Scheme

ABC
Poly House & Shade Net-house Project
INTRODUCTION

ABC S/o Shri R/o Village ... Tehsil ., Distt. .., ., is an agriculturist and
planning to establish a unit of poly house and shade net house for growing rose flowers and
vegetables. The unit will be established at Village , Tehsil , District .., ..

In addition, technical assistance shall be provided by private agency which shall establish the
proponents Poly House and Shade Net House. The promoter has signed Memorandum of
Agreement with private agency Viz M/s Punjab Agro Farming for setting up Poly House and Shade
Net House. It is proposed to set up the ten Poly House structures which will entrench total area
measuring 40000 sq meters and six Shade Net House structures which will entrench total area
measuring 24000 sq meters. In addition other ancillary structure such as water tank, labour
quarter & other farm equipment shall be established along with bed preparation & planting
material etc.

In conventional agronomical practices, the crops are being grown/cultivated in the open field
under natural conditions where the crops are more susceptible to sudden changes in climate i,e
temperature, humidity, light intensity, photo period & other conditions to which the quality,
yield of particular crop can get effected & may be decreased. In India, Traditional farming is
prevalent but now new farming technology like poly/net house farming provides better income in
a short period of time with less labor. Net/Poly House farming is an alternative new technique in
agriculture gaining foothold in rural India. It reduces dependency on rainfall & makes the
optimum use of land & water resources. Net/Poly house farming can help the farmer generate
income around the year growing multiple crops.

Net/Poly houses are built of a pre-galvanized channel cum tubular structure /tubular structure
wherein crops are grown under favorable controlled environment & other conditions viz
temperature, humidity, light intensity, ventilation, soil media, disease control, irrigation,
fustigation throughout the season irrespective of natural condition outside.

The proposed cost of Poly House & Net house is found in line with the Model bankable project of
NABARD.

The project envisages for establishing Poly House on 40000 Sq Mt & Shade Net House on 24000
sq mt of agriculture land for growing rose flower and vegetables with total project cost of Rs.
974.51 Lacs which shall be met out through term loan of Rs. 700.05 Lacs & remaining through
promoters own sources/capital of Rs. 274.46 Lacs. Under NHB Scheme, there will be a back-
end subsidy of Rs. 56.00 Lacs which will come within 6 months of implementation of the project.

ABC
Poly House & Shade Net-house Project
PROJECT AT A GLANCE

A) PARTICULARS OF THE UNIT

i) Name of the Applicant : ABC

ii) Constitution : Individual

iii) Address : Village , Tehsil ,


District ., .

iv) Pan No. : ..


Aadhar No. : ..

A) PARTICULARS OF THE PROJECT:

i) Cost & Means of Project


(Rs. in lacs)
Cost of Project Total Means of Finance Total
Functional Infrastructure 149.40 Promoters Capital 274.46
Complete Drip Irrigation System 72.00 Term Loan 700.05
Pre-op Exp 41.11
Poly House 337.60
Net House 170.40
Planting Cost for Rose Flower 170.40
Planting Cost for Vegetables 33.60
Total 974.51 Total 974.51

ii) Term loan Vs margin assessment


(Rs. in lacs)
S.NO. Cost consider for financing Cost Margin Eligible
Term
loan

1 Functional Infrastructure 149.40 25% 112.05


2 Complete Drip Irrigation System 72.00 25% 54.00

3 Pre-op Exp 41.11 100% -


4 Poly House 337.60 25% 253.20
5 Net House 170.40 25% 127.80
6 Planting Cost for Rose Flower 170.40 25% 127.80
7 Planting Cost for Vegetables 33.60 25% 25.20
Total 974.51 700.05

ABC
Poly House & Shade Net-house Project
iii) IMPORTANT FINANCIAL PARAMETERS

- Debt Equity Ratio : 2.55:1

- Promoters' Contribution : 25.00%

- D. S. C. R. (Avg.) : 1.96

Status of Approvals

Being the agriculture activity going to be commenced upon agriculture land, there is
no need for any specific approval from any department.

Schedule/Status of Implementation
Leveling and other work will be done up to May 2016. Net Houses will be installed by
the month of June 2016. From July 2016 onwards, plantation of crop shall be done
and Production will come from October 2016 onwards.

The disbursement will be taken as follows:


Particulars Month Disbursement
Amount
(Rs. In Lacs)
Foundation & Erection, Purchase of Seeds, May 2016 350.03
Land Development, Soil Replacement,
Borewell
Poly-sheets, Aluminium Sheets, Drip June 210.02
Irrigation System, Water Tank, Boundry 2016
Walls,Crop Supporting System ,Anti Bird
Bed making, Planting Cost for Rose July 140.01
Flower and vegatables, 2016
anAnti Bird
, B , Net.Borewell

ABC
Poly House & Shade Net-house Project
FINANCIAL INDICATORS
For the year ended 31.03.2017 31.03.2018 31.03.2019 31.03.2020 31.03.2021 31.03.2022 31.03.2023
Proj Proj Proj Proj Proj Proj Proj
Particulars
Gross Sales 223.11 474.37 508.63 514.62 514.62 514.62 514.62

Net Sales & other Income 223.11 474.37 508.63 514.62 514.62 514.62 514.62
Growth % 5% 0% 0% 0% 0%
Cost of Goods Sold 137.61 273.00 263.85 257.47 253.58 251.95 252.42
Gross Profit 85.50 201.37 244.77 257.15 261.04 262.67 262.20
GP/Net Sales % 38.32 42.45 48.12 49.97 50.73 51.04 50.95
Selling & Administration exp. 6.50 13.65 14.33 14.33 14.33 14.33 14.33
Interest 32.61 68.96 56.13 43.30 30.47 17.64 4.81
Pre-op Exp W off 0 0 0 0 0 0 0
Operating Profit 46.39 118.77 174.31 199.52 216.24 230.70 243.06
Non-operating Surplus 0 0 0 0 0 0 0
PBT 46.39 118.77 174.31 199.52 216.24 230.70 243.06
Taxes 0 0 0 0 0 0 0
PAT 46.39 118.77 174.31 199.52 216.24 230.70 243.06
Profit Distributed 6.96 17.81 52.29 59.85 64.87 69.21 72.92
Retained Profit 39.43 100.95 122.02 139.66 151.37 161.49 170.14
Depreciation 63.69 118.76 102.73 88.93 77.04 66.79 57.94
Cash Generation 103.12 219.71 224.75 228.59 228.41 228.27 228.08
Net Profit/Net Sales 20.79 25.04 34.27 38.77 42.02 44.83 47.23
COMMENTS ON FINANCIAL INDICATORS

Sale: - We have proposed sales turnover of Rs. 223.11 Lacs & Rs. 474.37 Lacs during the
financial year 2016-17 & 2017-18 respectively. For arriving out at the sales level, there are
production & price factors which determine the sale projections. We have analyzed the
production factors & price factors in detailed guidelines issued by NABARD &
Department of Horticulture. Promoters have proposed to grow the rose flower in 64000
Sq Mt (16 houses).

ABC
Poly House & Shade Net-house Project
DETAILS OF PRODUCTION FOR ROSE QUANTITY
Plant Population @ 7 Plant / Sq Mtr
(40000 Sq Mt x 7) 2,80,000
Total Production @ 26 cut flowers / Plant 72,80,000
Less: Loss of Produce (10%) 7,28,000
Produce available for sale 65,52,000

2016-17
ITEM 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
(6 Months)
Quantity (In No.s)
Rose 32.76 65.52 65.52 65.52 65.52 65.52 65.52
Selling Price (In Rs) per Flower
Rose 4.75 5.00 5.25 5.25 5.25 5.25 5.25
Amount (Rs in Lacs)
Rose 155.61 327.60 343.98 343.98 343.98 343.98 343.98
Total Sales 155.61 327.60 343.98 343.98 343.98 343.98 343.98

DETAILS OF PRODUCTION FOR CUCUMBER QUANTITY


Cucumber Population @ 45 Kgs / Sq Mtr
(8000 Sq Mt x 45 Kgs.) 3,60,000
Total Production @ 45 Kgs. / Sq Mtr 3,60,000
Less: Loss of Produce (10%) 36,000
Produce available for sale 3,24,000

2016-17
ITEM 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
(6 Months)
Quantity (In Kgs.)
Cucumber 1.62 3.24 3.24 3.24 3.24 3.24 3.24
Selling Price (In Rs) per Kgs.
Cucumber 15.00 16.50 18.15 20.00 20.00 20.00 20.00
Amount (Rs in Lacs)
Cucumber 24.30 53.46 58.81 64.80 64.80 64.80 64.80
Total Sales 24.30 53.46 58.81 64.80 64.80 64.80 64.80

ABC
Poly House & Shade Net-house Project
DETAILS OF PRODUCTION FOR CAPSICUM QUANTITY
Capsicum Population @ 24 Kgs / Sq Mtr
(8000 Sq Mt x 24 Kgs.) 1,92,000
Total Production @ 24 Kgs. / Sq Mtr 1,92,000
Less: Loss of Produce (10%) 19,200
Produce available for sale 1,72,800

2016-17
ITEM 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
(6 Months)
Quantity (In Kgs.)
Capsicum 0.86 1.73 1.73 1.73 1.73 1.73 1.73
Selling Price (In Rs) per Kgs.
Capsicum 25.00 26.50 30.00 30.00 30.00 30.00 30.00
Amount (Rs in Lacs)
Capsicum 21.60 45.79 51.84 51.84 51.84 51.84 51.84
Total Sales 21.60 45.79 51.84 51.84 51.84 51.84 51.84

DETAILS OF PRODUCTION FOR TOMATO QUANTITY


Tomato Population @ 30 Kgs / Sq Mtr
(8000 Sq Mt x 30 Kgs.) 2,40,000
Total Production @ 24 Kgs. / Sq Mtr 2,40,000
Less: Loss of Produce (10%) 24,000
Produce available for sale 2,16,000

2016-17
ITEM 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
(6 Months)
Quantity (In Kgs.)
Tomato 1.08 2.16 2.16 2.16 2.16 2.16 2.16
Selling Price (In Rs) per Kgs.
Tomato 20.00 22.00 25.00 25.00 25.00 25.00 25.00
Amount (Rs in Lacs)
Tomato 21.60 47.52 54.00 54.00 54.00 54.00 54.00
Total Sales 21.60 47.52 54.00 54.00 54.00 54.00 54.00

ABC
Poly House & Shade Net-house Project
Profit: - For calculating the economic viability of project, revenue & cost factors have
been taken as per prevailing market rates & market trends observed during the previous
year. The Promoters are expected to earn profit of Rs. 46.39 Lacs with profitability of
20.79% & Rs. 118.77 Lacs with profitability of 25.04% during the financial year 2017 &
2018 respectively.

Provision of Planting Material: Life of Rose is 60 Months. Hence, a capital cost of Rs.
17.00 Lacs per acre is incurred on planting material every 5 th year. In order to provide a
true and fair picture of profits, an amount of Rs. 27.20 Lacs during the 1st year and Rs.
54.40 Lacs every year thereafter is created as provision for the same.

ABC
Poly House & Shade Net-house Project
PARTICULARS Projected Projected Projected Projected Projected Projected Projected
1. FIXED ASSETS 31.03.2017 31.03.2018 31.03.2019 31.03.2020 31.03.2021 31.03.2022 31.03.2023
1.1 Gross Block 974.51 910.82 792.06 689.33 600.40 523.36 456.57
1.2 Depreciation 63.69 118.76 102.73 88.93 77.04 66.79 57.94
1.3 Net Block 910.82 792.06 689.33 600.40 523.36 456.57 398.63
2. CURRENT ASSETS
2.1 Cash & Bank Bal. 74.80 245.87 421.97 601.91 536.87 716.50 921.69
2.2 Sundry Debtors 4.00 4.00 4.00 4.00 4.00 4.00 4.00
2.3 Misc. C.A.'s 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.4 Sub Total(2.1+2.2+2.3) 78.80 249.87 425.97 605.91 540.87 720.50 925.69
2.5 Inventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.6 Sub Total(2.4+2.5) 78.80 249.87 425.97 605.91 540.87 720.50 925.69
3. CURRENT LIABILTIES
3.1 Loans & Advances 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.2 Sundry Creditors 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.3 Prov. For Taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov. For Dividend 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.4 Other Current Liability 27.20 81.60 136.00 190.40 0.00 54.40 108.80
3.5 Sub Total(3.1 To 3.4) 27.20 81.60 136.00 190.40 0.00 54.40 108.80
3.6 Bank Borrowing 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.7 Sub Total (3.5+3.6) 27.20 81.60 136.00 190.40 0.00 54.40 108.80
3.8 Net Current Assets 51.60 168.27 289.97 415.51 540.87 666.10 816.89
4. INVTT. & NCA'S 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL(1.3+3.8+4) 962.42 960.33 979.30 1015.91 1064.23 1122.67 1215.52
FINANCED BY
5. LONG TERM LOANS
5.1 Secured 592.53 489.48 386.43 283.38 180.33 77.29 0.00
5.2 Unsecured 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5.3 Sub Total(5.1+5.2) 592.53 489.48 386.43 283.38 180.33 77.29 0.00
6. SHARE HOLDER
FUNDS
6.1 Equity Share Capital 274.46 313.90 414.85 536.87 676.53 827.90 989.38
6.2 Share Application
Money
6.2.1 Subsidy 56.00 56.00 56.00 56.00 56.00 56.00 56.00
6.3 Reserve & Surplus 39.43 100.95 122.02 139.66 151.37 161.49 170.14
6.4 Sub Total(6.1+6.2+6.3) 369.90 470.85 592.87 732.53 883.90 1045.38 1215.52
6.5 Intangible Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
6.6 TNW 369.90 470.85 592.87 732.53 883.90 1045.38 1215.52
Total(5.3+6.6) 962.42 960.33 979.30 1015.91 1064.23 1122.67 1215.52
7. D/E Ratio(5.3/6.6) 1.60 1.04 0.65 0.39 0.20 0.07 0.00
Net Current Assets/ Current Ratio: - Liquidity seems to be sufficient for the project.

D/E Ratio: - During the first year, debt/equity ratio is estimated 1.60 which is within the
benchmark level of 3. With the repayment of term loan & ploughing back of profit, this
ratio is expected to experience the declining trend by which it is estimated to reach at
1.04 during 2nd year.

ABC
Poly House & Shade Net-house Project
Debt Service Coverage Ratio (DSCR) after considering subsidy of Rs. 56.00 Lacs:

Particulars 2017 2018 2019 2020 2021 2022 2023


Sources
Net Retained Profit 39.43 100.95 122.02 139.66 151.37 161.49 170.14
Depreciation 63.69 118.76 102.73 88.93 77.04 66.79 57.94
P&P Written Off 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Accrual 103.12 219.71 224.75 228.59 228.41 228.27 228.08
TL Interest 32.61 68.96 56.13 43.30 30.47 17.64 4.81
Total Sources 135.73 288.67 280.88 271.89 258.88 245.91 232.89
Obligations
TL Installment 51.52 103.05 103.05 103.05 103.05 103.05 77.29
TL Interest 32.61 68.96 56.13 43.30 30.47 17.64 4.81
Total Uses 84.13 172.01 159.18 146.35 133.52 120.69 82.10

Gross DSCR 1.61 1.68 1.76 1.86 1.94 2.04 2.84


Average GDSCR 1.96

Average DSCR: 1.96 which is at satisfactory level and shows sufficient cash flow to payback the
proposed debt and which is with banks bench mark level.

The DSCR of the project is above the benchmark levels throughout the tenure of term
loan. The accruals of the firm are sufficient to meet the debt obligations of the term loans.

ABC
Poly House & Shade Net-house Project
There is 7 months moratorium period and the repayment of the term loan will start from
31st December 2016.

Techno-Economic Viability:

Protected cultivation is future because Land and Water Natures gift to mankind is not
unlimited and free forever. Everyday population is increasing and due to modernization
the infrastructure work is increasing and day to day agricultural land is becoming less
and less and at the same time the land value is increasing. Also world water resources
are fast diminishing. The one and only answer to this problem is Protected Cultivation.
After detailed study of inter-relationship among soil, water, crop, land terrain and
related agro climatic conditions, design a suitable and economically viable system to the
grower which protects the crop at certain limits and deliver a measured quantity of
water at the root zone of each plant at regular intervals. This is to ensure that the plants
do not suffer from stress or strain of less and over watering, different climatic conditions.
The system installed at the farmers field is commissioned and training imparted to the
farmer, followed by regular after sales services.
The result A totally customized, efficient and long-life system which ensures better
yields through protected cultivation and saving in water as well, early maturity and a
bountiful harvest, season after season, year after year. Apart from all this, savings in
labour and fertilizer costs.
Greenhouse/ Poly house/ Poly tunnel/ Net house which protects the crop from High
intensity of light, High rainfall, winds, Insects through Structure, Polyethylene film/
Polycarbonate sheet, Shading nets/ Thermal Nets, Insect Net, Cooling Pad, Exhaust Fan,
Foggers and Drip Systems, fertigation equipment etc. which controls light, temperature,
humidity and Irrigation with fertigation and other required growth substances directly
into the root zone of the plant. Water and nutrients enter the soil from the emitters,
moving into the root zone of the plants through the combined forces of gravity and
capillary. In this way, the plants withdrawal of moisture and nutrients are replenished
almost immediately, ensuring that the plant never suffers from water stress, thus
enhancing quality, its ability to achieve optimum growth and high yield.

Economic Feasibility

a) Name of the major suppliers: M/s Punjab Agro Farming

b) Region/Area where the product will be sold: The unit will sell their produce in the
market of Haryana, Punjab & Delhi.

c) Extent of competition and other units engaged in the similar activity in the
region/area: There is no competition. The cut flower like Rose is used in preparation of
bouquets, floral arrangements and social occasions. Hence there is huge demand for cut
flowers in domestic as well as in international market.

d) Volume of orders in hand: There is a great demand of flowers in parts of Haryana,


Punjab & Delhi. Hence sale should not be a problem.

ABC
Poly House & Shade Net-house Project
e) Availability of Raw Materials: Raw Material is locally available.

f) Position of labour supply in the area: Labour is easily available.

g) Availability of Power: Power is already installed.

h) Note on marketing tie up arrangement: The product to be grown by firm has great
demand in the surrounding areas. There is a great demand of flowers in parts of
Haryana, Punjab & Delhi.

i) Access to the site & transportation: Production could be stored for 2 days in the cold
store room being constructed. Moreover, it could be transported by ordinary vehicle.Unit
is well connected by road.

j) Water Supply: Available

ROSE CULTIVATION PROCESS

Introduction
Depending on the species and varieties, roses have various uses. They may be used as
cut flowers, and garden plants. They may also be used in making rose oil, rose water and
gulkhand. Model project is on production of roses for use as cut flowers, which have an
important place in preparation of bouquets, floral arrangements, worship, social
occasions and presentation of gifts. Measured in terms of volume of trade in the
international market cut roses rank first in popularity. Further, with the advancement in
production and marketing of cut roses and also on account of recent economic
liberalisation there has been an upsurge of interest in production of cut roses in plastic
green houses in India.

Climate
Plenty of light, humid and moderate temperature ranging from 150C to 280C may be
considered as ideal conditions for roses in the tropical and subtropical climate of India.
At temperature below 150C roses can be grown, but the interval between flushes become
longer. At higher temperature, say above 300C, roses can be grown provided high
humidity is maintained and evaporation is slowed down.

Soil
Well drained soil rich in organic matter and oxygen is good for roses. Organic matter as
high as 30 per cent in the top 30 cm of the growing beds is preferred by many growers.
The pH of the soil should be around 6 to 6.5.

Bed Preparation
i Top width 90 cm
i Bottom width 100 cm
i Height 45 cm

ABC
Poly House & Shade Net-house Project
i Path way 50 cm

Planting Distance
Plant to Plant distance: 17 cm
Row to Row distance: 45 cm

Planting Material
Rose plant used for plantation should be 2-3 month old and have minimum two dark
green colour leaves. Bud union of rose plant should not be covered with soil. It should
be 2-3 cm above the ground level. The sprout coming out of the union should face
towards the path at the time of plantation. Rose plants are planted in a zigzag method on
the bed.

Types of Roses and Varieties


The major types of roses which are commercially important are as under:
Hybrid Tea Roses: These have large flowers (4 cm.) long stems (125 cm). Yield
varies from 100-200 stems/sqm. Hybrid Teas fetch higher price than other types.
A few well-known varieties of this group are SONIA, VIVALDI, TINEKE,
MELODY, DARLING and ONLY LOVE.
Floribunda Roses : These have small flowers (2.5 cm) and shorter stems (less than
60 cm), but yield much higher than other types. Examples of this type are
FRISCO, MERCEDES, JAGUAR, KISS and FLORENCE.
Spray Roses : A single stem of this type may carry 5-6 flowers, but stem yield per
sqm is low. Important varieties belonging to the type are EVELIEN, JOY and
NIKITA.

Manures and Fertilizers


Organic manures are required to be added so that top 30 cm of the soil has 30% organic
matter content. Application of nutrients should be based on analysis of soil and plant. In
the present model the cost has been estimated based on 250 fertigation days and 1.2g
dose of fertilizers per day per sq. meter.

Cultural Practices
For proper growth of rose plant and high production special cultural practices are to be
carried out as follows:
Initial plant development / mother shoot bending: If the young plant is allowed
to flower immediately after planting there is serious risk that the important
structural frame work of the plant will be impaired. The various types of plants
require different treatment. First flower is pinched after one month from the date
of plantation so that 2 to 3 eyes bud will sprout on main branch to grow as
branches and these branches in turn will form buds. When the plant attains this
stage of growth, the mother shoot is to be bent towards the direction of path. This
cultural operation in rose plants is done to initiate bottom break ground shoot.
The maximum leaf area is required to build up a strong root system. The mother
shoot is bent nearer to the bud joint.

ABC
Poly House & Shade Net-house Project
Plant structure development: To develop more growing points and plant
structure development plays an important role. After planting ground shoot will
start growing from crown of plant. The weak ground shoots should be bent at
ground level, for forming a basic and strong frame work of plant structure for
production throughout their life cycle. the strong ground shoots should be cut at
5th five pair of leaves after four and half months from the date of plantation. The
medium ground shoots should be cut at 2nd or 3rd five of leaves.
Bending in roses: Bending helps in maintaining enough leaf area on the plants.
The maximum leaf area is required to build up a strong root system. Leaves are
important for producing carbohydrates. The mass of leaves is also known as the
lungs of the plant. The growing suckers should be removed in order to check new
growth on the bended stem. The buds should be removed from the bended stem
in order to check the incidence of thrips and bud rot (botrytis). Only weak and
blind shoots are selected for bending. Bending breaks apical dominance of the
plant. It is continuous process and hence carried out throughout the life cycle.
Bending should be such that the most of the stems lay below horizontal. In
summer season it is generally advised not to go for bending as it provides
favourable condition for mites incidence. Bending is done on 1st or 2nd five pair
of leaves. One can also grow roses in green house without bending by keeping
some blind shoots on plants in standing position for extra photosynthesis and
uptake of water nutrients. While bending the stems, the care should be taken that
the stem will not break and the leaves will not touch the soil on the bed.
Disbudding: Standard varieties are those with one flower on each stem. But as
nearly all varieties produce some side buds below the center bud. these side buds
have to be removed. The removal of these buds is known as disbudding. It should
not be done too early or too late. If done too early it may harm leaves and if done
too late then large wounds in the upper leaf axil can take place. When bud attain
pea-size and shows slight colour then it is right time to do disbudding. For most
spray varieties, the center crown bud is to be removed. Disbudding is generally
done on weak stem so that it can convert itself to thick stem and in future cuts can
be taken. Thick stem produce strong sprouts whereas then stem gives out weak
sprouts
Pinching: Removal of unwanted vegetative growth from the axil of leaf below the
terminal bud is called pinching. This helps to get good quality flowers and buds
and avoids wastage of energy in the development of auxiliary bud if done at right
stage and right time. It leads to apical dominance.
Wild shoot (root stock) removal: Wild shoots are the unwanted growth that takes
place at the union on the root stock. They should be removed at the earliest as
these will deplete nutrients and checks growth and development of plant. They
should not be cut but removed from its union by pressing it with thumb in order
to check its further sprouting.
Support of the plants: The support system consists of bamboo / GI pipes / 'L'
angles inserted on both sides of bed at the start and end of the bed. Post are
placed at intervals of 3m on both sides of the bed, along the sides of bed, fastened
at the posts at 30 cm 40 cm intervals are 14 gauge GI wires or plastic string to

ABC
Poly House & Shade Net-house Project
support the plant. Between the wires across the bed, thin strings can be tied to
keep the width of the bed constant. Support system makes intercultural operation
easy and protects the buds from being damaged by not allowing the stems bend
into the path.
Pruning: Stems are cut back leaving 4-5 nodes on the basic stock frame, removing
all weak shoots and redirecting the wayward ones. This may be practised in a
phased manner so that flowering takes place from September to March.
Generally, flowering takes place 45 days after pruning.

Irrigation
Rose plant require a lot of water, at least 6mm/day i.e. 60cum/ha/day. A drainage line
may be laid below the beds for disposal of excess water.

Pest And Diseases


The principal diseases of rose are downy mildew, powdery mildew, botrytis, pruning
die back & black leaf spot whereas major insect pests of the rose are red spider mite, leaf
roller, aphids, thrips & white fly.

Control Measures
The preventive spray programme with a volume of 1500 litres/spray at an average
interval of once in a week is suggested. The pesticide/fungicide may be applied as
under:
i Dithane M-45 0.6 gm/litre
i Metasystox 1.25 ml/litre
i Karathane 1.00 ml/litre

Harvesting
Roses should attain the right stage for harvesting. If cut too early, flowers miss reserve
food and therefore, may not develop into full flowers. If cut too late, longevity
diminishes. As such, roses should be cut just as the buds are opening, after the sepals
have almost fully curled up and the colour is fully visible. In small flowered varieties
and Floribundas, the flowers are cut just when they begin to open the cluster. The
cutting may be done in the evening or early morning with long stem. The lower end of
cut stems are immediately placed in clean plastic buckets containing a clean solution of
500 ppm citric acid or in chrysal - RVB. Thereafter, the buckets containing cut roses are
brought to the grading and packing Shed/Hall.

ABC
Poly House & Shade Net-house Project
Harvesting Stages
S.No. Particulars Place of cutting Month from date
of
plantation
1 Ground shoot At 5th five pair of leaves from bottom 3 to 3.5
cutting of plant
2 First harvesting 2nd or 3rd five pair of leaves from first 4.5 to 5
cut
3 Second / Regular 2nd or 3rd five pair of leaves from first 6th month
harvesting cut onwards daily
harvesting
The rose should be cut with the help of sharp cut and hold secateurs. Ground shoot
cutting should be done on 5th five pair of leaf then one or two eye buds sprout from
lower leaves below the cut. These sprouts will grow into flowers in the period of 35 to 50
days. This varies from variety to variety. Later on the first harvest should be taken on
2nd or 3rd five pair of the leaves above the first cut. During summer season or when
there is less leaf area on plant it is always advisable to take cut on 3rd five pair of leaves
above the first cut. Always bend thin stems and take cut on 3rd five pair of leaves above
the first cut. Always bend thin stems and take cut on thick stems to get strong shoots.
The regular harvesting is done on 2nd five pair of leaves. Sometimes under cutting is
also practiced as it is an important technique to keep rose plants at reasonable height.
Harvesting cut should be sharp and inclined direction for avoiding the deposition of
water or spray solution. When the temperature is low in the green house harvesting is
done only once i.e. during early morning hours. When there is high day temperature it is
necessary to take second harvesting in later afternoon. Cut stages of roses play an
important role in harvesting. Cut stages of roses for export is stage 0 and 1 whereas cut
stage is 2 and 3 for domestic market.

Yield
Average yield of roses is 26 to 35 stem/ plant per year.

Grading
Flowers should be graded into different classes according to their qualities. Grading is
done on a mechanical grader or by hand grading tables or work stations.

Packaging
Packing comprises three steps: bunching, wrapping and packing. The heads of roses are
evened up and their stem tied with a rubber band into bunches in 10s, 20s, 25s, or 50s
depending on the ultimate market. They are cut so that all the stems are of the same
length. The bunches are placed in preservative solution and may be shifted to the cold
store. They are brought back to the packing hall and the buds are wrapped and bunches
are sleeved in transport polyethylene. The wrap is a 15-20 cm. wide plastic strip which
acts as a cushion for the buds. Many different cardboard boxes are used for packing. For
long term transport it is best to use telescopic style boxes made of corrugated fibreboard.
The size could be 100 cm x 45 cm x 22 cm. There may be 400 to 1000 stems per box and

ABC
Poly House & Shade Net-house Project
weight may vary from 14 to 18 kg/box. Depending on the market, the box is either filled
with one variety, one grade, or mixed colour one grade.

Size of land: Cultivation of Rose Flower and Vegetables is spread in the area measuring
64000 Sq. Mtrs.

The Repayment Schedule of the Term Loan is as given under:-

Repayment after considering subsidy of Rs. 56.00 Lacs: In 25 quarterly principal


instalments of Rs. 25, 76,200/- each after moratorium period of 7 months from 1st
disbursement. Monthly interest on term loan during the construction & moratorium
period of the project will be served out separately by the proponent as it is not taken in
the project cost.
(Rs in Lacs)
Period Quarters Installments per Amount
Quarter
April 2016 - March 2017 2 25.76 51.52
April 2017 - March 2018 4 25.76 103.05
April 2018 - March 2019 4 25.76 103.05
April 2019 - March 2020 4 25.76 103.05
April 2020 -March 2021 4 25.76 103.05
April 2021 - March 2022 4 25.76 103.05
April 2022 - December 3 25.76 77.29
2022
Total 25 Quarters 644.05

Repayment without considering subsidy of Rs. 56.00 Lacs: In 25quarterly principal


installments of Rs. 28, 00,200/- each after moratorium period of 7 months from 1st
disbursement. Monthly interest on term loan during the construction & moratorium
period of the project will be served out separately by the proponent as it is not taken in
the project cost.
(Rs in Lacs)
Period Quarters Installments per Amount
Quarter
April 2016 - March 2017 2 28.00 56.00
April 2017 - March 2018 4 28.00 112.01
April 2018 - March 2019 4 28.00 112.01
April 2019 - March 2020 4 28.00 112.01
April 2020 - March 2021 4 28.00 112.01
April 2021 - March 2022 4 28.00 112.01
April 2022- December 2022 3 28.00 84.01

Total 25 Quarters 700.05

ABC
Poly House & Shade Net-house Project
Interest will be served as and when due on monthly basis.

Moratorium period is up to November 2016. Interest will be served during the moratorium period as
and when due.

The bank will receive back-end subsidy of Rs. 56.00 Lacs by October 2016.

Security
Date of Value in
Particulars
Valuation Rs. in lacs
Primary 1. Hypothecation of Poly house, plant & 31.03.2016 974.51
machinery and other movable assets (Proposed)
created out of bank finance along with
all kinds of Stocks i.e. raw
materials/consumables, crops including
Semi finished crops.

2. Registered Mortgage of Agriculture Approx.


Land measuring .. Acres in the name Market
of ABC Value
Situated in Village ., Tehsil ..,
District , .
ABC

COST OF PROJECT & MEANS OF FINANCE

(Rs.in Lacs)
TOTAL
SR. NO. PARTICULARS AMOUNT
A. COST OF PROJECT
1 LAND -

2 Functional Infrastructure 149.40


(As per Annexture II )

3 Complete Automatic Drip Irrigation System 72.00


Including Fogger and Pipes
(Rs. 112.50/Sqm x 64000 Sq Mt)

4 Poly House 337.60


Poly House with Aluminium Sheet
(All weather Green-House)
(Rs. 844/sqm x 40000 Sq Mtr )

5 Shade Net House 170.40


Shade Net House with Aluminium Sheet
(All weather Green-House)
(Rs. 710/sqm x 24000 Sq Mtr )

6 Preliminary/Pre-Operative Exp. 41.11

7 Planting Cost for Rose Flowers 170.40


(Rs. 426/sqm x 40000 Sq Mt )

8 Planting Cost for Cucumber 11.20


(Rs. 140/sqm x 8000 Sq Mt )

9 Planting Cost for Tomato 11.20


(Rs. 140/sqm x 8000 Sq Mt )

10 Planting Cost for Capsicum 11.20


(Rs. 140/sqm x 8000 Sq Mt )

TOTAL 974.51
B. MEANS OF FINANCE

1 Promoter's Capital 274.46


2 Term Loan 700.05
(Including Capital Subsidy Portion of Rs 56.00 Lacs under NHB Scheme)
TOTAL 974.51

C. PROMOTER'S CONTRIBUTION %(OVERALL) 28.16 %


PROMOTER'S CONTRIBUTION %(TERM LOAN) 25.00 %

D. DEBT EQUITY RATIO


CAPITAL
1. TERM LAON 700.05 1. CAPITAL 274.46
2. U/LOAN -
700.05 274.46

DER 2.55 : 1
(Annexture-II)

ABC

DETAILS OF FUNCTIONAL INFRASTRUCTURE

(Rs.in Lacs)
TOTAL
SR. NO. PARTICULARS AMOUNT

1 Collection,Sorting,Grading,Packing Units(Pack House),with Cold Room - 1 15.00

2 Collection,Sorting,Grading,Packing Units(Pack House) - 2 4.00

3 Labour Quarter and Bramda with RCC Sheets and G.I. Polls, Channels- 5 10.00

4 Water Tank, Irrigation incl. Borewell, Irrigation supply Pipes etc. - 3 15.00

5 Boundry Walls Fancying G.I. Wires with 8 Feet Poll and Main Gate 15.00

6 Bed Preparation (Bed Making), Soil Treatment & Soil Replacement etc. 30.00

7 Land Development and labeling with other Labour Charges 10.00

8 Anti Bird Net 22.40

9 Planting & Packing Material, Fumigation Exp. And Manures and Fertilizers 20.00

10 Crop Supporting System 8.00

TOTAL 149.40

ABC

DETAIL OF PRELIMINARY EXPENSES


(Rs in Lacs)
Sr. No. PARTICULARS Amount

1 Loan Processing 2.00

2 Misc. Exp. 1.20

3 Interest During Construction 37.91

TOTAL 41.11
Annexure-A

ABC

COST OF PRODUCTION & PROFITABILITY ESTIMATES


(Rs.in Lacs)
SR.
NO. PARTICULARS/YEAR 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
1 Gross Sales
i Sale of Rose Flowers 155.61 327.60 343.98 343.98 343.98 343.98 343.98
ii Sale of Cucumber 24.30 53.46 58.81 64.80 64.80 64.80 64.80
iii Sale of Capsicum 21.60 45.79 51.84 51.84 51.84 51.84 51.84
iv Sale of Tomato 21.60 47.52 54.00 54.00 54.00 54.00 54.00

Total Sales 223.11 474.37 508.63 514.62 514.62 514.62 514.62


2 Cost Of Production
i) Provision for Planting Material 27.20 54.40 54.40 54.40 54.40 54.40 54.40
ii) Other Charges 4.50 9.45 9.92 10.42 10.94 11.49 12.06
iii) Wages 17.22 37.88 41.67 45.84 50.42 55.47 61.01
iv) Power & Fuel 3.50 7.35 7.72 8.10 8.51 8.93 9.38
v) Fertilizers,Medicines,Plants 4.00 8.40 8.82 9.26 9.72 10.21 10.72
vi) Repair & Maintenance 2.50 5.25 5.51 5.79 6.08 6.38 6.70
vii) Packaging & Transport 15.00 31.50 33.08 34.73 36.47 38.29 40.20
viii) Depreciation 63.69 118.76 102.73 88.93 77.04 66.79 57.94

Total Cost of Production 137.61 273.00 263.85 257.47 253.58 251.95 252.42

3 Selling & Administrative Expenses 6.50 13.65 14.33 14.33 14.33 14.33 14.33

4 SUB TOTAL ( 2+3) 144.11 286.65 278.19 271.80 267.91 266.28 266.75

5 Operating Profit before Interest 79.00 187.72 230.44 242.82 246.71 248.34 247.87

6 Interest
Term Loan 32.61 68.96 56.13 43.30 30.47 17.64 4.81
Working Capital
Total Interest Cost 32.61 68.96 56.13 43.30 30.47 17.64 4.81

7 Operating Profit 46.39 118.77 174.31 199.52 216.24 230.70 243.06

Non-Operating Income - - - - - -
Non-Operating Expenses - - - - - -
8 Net Non-operating(Inc/Exp) - - - - - -
9 Net Profit Before Tax 46.39 118.77 174.31 199.52 216.24 230.70 243.06
10 Income Tax - - - - - -
11 Net Profit 46.39 118.77 174.31 199.52 216.24 230.70 243.06
12 Withdrawal Rate 15% 15% 30% 30% 30% 30% 30%
13 Withdrawal Amount 6.96 17.81 52.29 59.85 64.87 69.21 72.92
14 Retained Profit 39.43 100.95 122.02 139.66 151.37 161.49 170.14
15 Cash Accruals 103.12 219.71 224.75 228.59 228.41 228.27 228.08
ANNEXTURE - B

ABC

ASSUMPTIONS UNDERLYING THE ESTIMATES


OF COST OF PRODUCTION &
PROFITABILITY

i) Annual Production Capacity


Rose 7,280,000 Nos.. per Annum
Cucumber 360,000 Kgs. Per Annum
Capsicum 192,000 Kgs. Per Annum
Tomato 240,000 Kgs. Per Annum

ii) No of Months in Operations in 2016-17 (New Unit) 6 Months

iii) Green House Area


Rose 40000 Sq Mtr
Cucumber 8000 Sq Mtr
Capsicum 8000 Sq Mtr
Tomato 8000 Sq Mtr

iv) Rate of Interest


Term Loan 12.45%
Working Capital 0.00%

Term Loan for a period of 6 years 8 months including 7 months moratorium period

v) Depreciation as per Income Tax Act 1961

a) Planting Cost for Rose Flower 10%


b) Shade Net House & Drip System 15%
c) Functional Infrastructure 10%

vi) Selling & Administration Expenses as %age of Sales 2.91%


ANNEXTURE-B (1)

ABC

SCHEDULE OF DEPRECIATION AS PER INCOME TAX ACT

(Rs. In Lacs)
Planting Cost Poly House,
for Rose Net House &
PARTICULARS Flower Drip Functional Total
& Vegetables System Infrastructure

Rate of Depreciation % 10% 15% 10%


Cost 204.00 580.00 149.40 933.40
Preliminary Pre-Operative Exp. 10.28 18.50 12.33 41.11
214.28 598.50 161.73 974.51

Depreciation(2016-17) 10.71 44.89 8.09 63.69


W.D.V & Additions(2016-17) 203.56 553.61 153.65 910.82

Depreciation(2017-18) 20.36 83.04 15.36 118.76


W.D.V & Additions(2017-18) 183.21 470.57 138.28 792.06

Depreciation(2018-19) 18.32 70.59 13.83 102.73


W.D.V & Additions(2018-19) 164.89 399.99 124.45 689.33

Depreciation(2019-20) 16.49 60.00 12.45 88.93


W.D.V & Additions(2019-20) 148.40 339.99 112.01 600.40

Depreciation(2020-21) 14.84 51.00 11.20 77.04


W.D.V & Additions(2020-21) 133.56 288.99 100.81 523.36

Depreciation(2021-22) 13.36 43.35 10.08 66.79


W.D.V & Additions(2021-22) 120.20 245.64 90.73 456.57

Depreciation(2022-23) 12.02 36.85 9.07 57.94


W.D.V & Additions(2022-23) 108.18 208.80 81.65 398.63
ANNEXTURE-B (2)

ABC

DETAIL S OF SALES PROCEEDS

(Rs.in Lacs)
ITEM 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Quantity(In No.s) 32.76 65.52 65.52 65.52 65.52 65.52


Rose
Selling Price(In Rs) per Flower 4.75 5.00 5.25 5.25 5.25 5.25
Rose
Amount(Rs in Lacs) 155.61 327.60 343.98 343.98 343.98 343.98
Rose
Total Sales 155.61 327.60 343.98 343.98 343.98 343.98

ABC

Detail of Production Quantity

Plant Population @7 Plant / Sq Mtr 280000


(40000 Sq Mt. x 7 )

Total Production@ 26 cut Flowers / Plant 72 80000

Less: Loss of Produce (10%) 728000

Produce available for sale 6552000

ABC

DETAIL S OF SALES PROCEEDS

(Rs.in Lacs)
ITEM 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Quantity(In Tons) 1.62 3.24 3.24 3.24 3.24 3.24


Cucumber
Selling Price(In Rs) per Kilogram 15.00 16.50 18.15 20.00 20.00 20.00
Cucumber
Amount(Rs in Lacs) 24.30 53.46 58.81 64.80 64.80 64.80

Total Sales 24.30 53.46 58.81 64.80 64.80 64.80

ABC

Detail of Production Quantity

Vegetable Population @45kg / Sq Mtr 360,000.00


(8000 Sq Mt. x 45 )

Total Production 360,000.00

Less: Loss of Produce (10%) 36,000.00

Produce available for sale 324,000.00


ABC

DETAIL S OF SALES PROCEEDS

(Rs.in Lacs)
ITEM 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Quantity(In Tons) 0.86 1.73 1.73 1.73 1.73 1.73


Capsicum
Selling Price(In Rs) per Kgs 25.00 26.50 30.00 30.00 30.00 30.00
Capsicum
Amount(Rs in Lacs) 21.60 45.79 51.84 51.84 51.84 51.84

Total Sales 21.60 45.79 51.84 51.84 51.84 51.84

ABC

Detail of Production Quantity

Vegetable Population @24kg / Sq Mtr 192,000.00


(8000 Sq Mt. x 24 )

Total Production 192,000.00

Less: Loss of Produce (10%) 19,200.00

Produce available for sale 172,800.00

ABC

DETAIL S OF SALES PROCEEDS

(Rs.in Lacs)
ITEM 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Quantity(In Tons) 1.08 2.16 2.16 2.16 2.16 2.16


Tomato
Selling Price(In Rs) per Kgs 20.00 22.00 25.00 25.00 25.00 25.00
Tomato
Amount(Rs in Lacs) 21.60 47.52 54.00 54.00 54.00 54.00

Total Sales 21.60 47.52 54.00 54.00 54.00 54.00

ABC

Detail of Production Quantity

Vegetable Population @30kg / Sq Mtr 240,000.00


(8000 Sq Mt. x 30 )

Total Production 240,000.00

Less: Loss of Produce (10%) 24,000.00

Produce available for sale 216,000.00


ANNEXTURE-C

ABC

CASH FLOW STATEMENT

(Rs.in Lacs)
A. SOURCES OF FUNDS 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
1 Net Profit before tax with long- term
interest added back but after depreciation 79.00 187.72 230.44 242.82 246.71 248.34 247.87
2 Increase in Capital 274.46 - - - - -
3 Depreciation 63.69 118.76 102.73 88.93 77.04 66.79 57.94
4 Increase in term loan 700.05 - - - - - -
5 Provision for Planting Material 27.20 54.40 54.40 54.40 54.40 54.40 54.40
6 Increase in Capital Subsidy 56.00 - - - - - -

Total 1200.40 360.89 387.57 386.15 378.15 369.52 360.21

DISPOSITION OF
B FUNDS 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

1 Preliminary & Pre-Operative Expenses 41.11


2 Capital Expenditure 933.40 - - - - - -
3 Increase in Current Assets 4.00 0.00 0.00 - - - -
4 Decrease in Long Term Loans 51.52 103.05 103.05 103.05 103.05 103.05 77.29
6 Interest on Long Term Loans 32.61 68.96 56.13 43.30 30.47 17.64 4.81
7 Capital Cost of Planting Material - - - - 244.80 - -
8 Increase in Capital Subsidy 56.00
9 Withdrawl 6.96 17.81 52.29 59.85 64.87 69.21 72.92

Total 1125.60 189.82 211.47 206.20 443.19 189.90 155.01

C OPENING BALANCE 0.00 74.80 245.87 421.97 601.91 536.87 716.50

D NET SURPLUS (A-B) 74.80 171.07 176.10 179.95 (65.04) 179.62 205.19

E CLOSING BALANCE 74.80 245.87 421.97 601.91 536.87 716.50 921.69


ANNEXTURE-D

ABC

PROJECTED BALANCE SHEETS


AS ON 31ST MARCH
(Rs.in Lacs)
LIABILITIES 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

PROMOTER'S CAPITAL 274.46 313.90 414.85 536.87 676.53 827.90 989.38

RESERVE & SURPLUS 39.43 100.95 122.02 139.66 151.37 161.49 170.14

TERM LOANS 592.53 489.48 386.43 283.38 180.33 77.29 0.00

PROVISION FOR PLANTING MATERIAL 27.20 81.60 136.00 190.40 0.00 54.40 108.80

CAPITAL SUBSIDY 56.00 56.00 56.00 56.00 56.00 56.00 56.00


TOTAL

ASSETS 989.62 1041.93 1115.30 1206.31 1064.23 1177.07 1324.32

FIXED ASSETS
GROSS BLOCK 974.51 910.82 792.06 689.33 600.40 523.36 456.57
DEPRECIATION 63.69 118.76 102.73 88.93 77.04 66.79 57.94
NET BLOCK 910.82 792.06 689.33 600.40 523.36 456.57 398.63

SUNDRY DEBTORS 4.00 4.00 4.00 4.00 4.00 4.00 4.00

CASH & BANK BALANCES 74.80 245.87 421.97 601.91 536.87 716.50 921.69

TOTAL 989.62 1041.93 1115.30 1206.31 1064.23 1177.07 1324.32


ANNEXTURE - V

ABC
DEBT SERVICE COVERAGE RATIO

(Rs. In Lacs)
Sr.
No. Year Ending 31st March 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

1 Net Retained Profit 39.43 100.95 122.02 139.66 151.37 161.49 170.14

2 Depreciation 63.69 118.76 102.73 88.93 77.04 66.79 57.94

3 Interest on Term Loan 32.61 68.96 56.13 43.30 30.47 17.64 4.81

Total 135.73 288.67 280.88 271.89 258.88 245.91 232.89

4 Instalment of Term Loan 51.52 103.05 103.05 103.05 103.05 103.05 77.29

5 Interest on Term Loan 32.61 68.96 56.13 43.30 30.47 17.64 4.81

Total Debt 84.13 172.01 159.18 146.35 133.52 120.69 82.10

D.S.C.R 1.61 1.68 1.76 1.86 1.94 2.04 2.84

Average D.S.C.R 1.96

ABC
DEBT SERVICE COVERAGE RATIO

(Rs. In Lacs)
Sr.
No. Year Ending 31st March 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23

1 Net Retained Profit 39.43 100.95 122.02 139.66 151.37 161.49 170.14

2 Depreciation 63.69 118.76 102.73 88.93 77.04 66.79 57.94

3 Interest on Term Loan 73.94 74.95 61.01 47.06 33.12 19.17 5.23

Total 177.06 294.67 285.76 275.66 261.53 247.45 233.31

4 Instalment of Term Loan 56.00 112.01 112.01 112.01 112.01 112.01 84.01

5 Interest on Term Loan 73.94 74.95 61.01 47.06 33.12 19.17 5.23

Total Debt 129.94 186.96 173.02 159.07 145.13 131.18 89.24

D.S.C.R 1.36 1.58 1.65 1.73 1.80 1.89 2.61

Average D.S.C.R 1.80


STATEMENT OF REPAYMENT SCHEDULE
TERM LOAN WITH SUBSIDY (Rs. In Lacs)

TERM LOAN 700.05


INTEREST RATE PER
12.45%
ANNUM
MORATORIUM PERIOD 7 MONTHS
INSTALMENT 25

YEAR MONTH TERM LOAN


OUTSTANDING INSTALMENT INTEREST

2016-17 APRIL - - -
MAY 350.03 - 3.63
JUNE 560.05 - 5.81
JULY 700.05 - 7.26
AUG 700.05 - 7.26
SEP 700.05 7.26
OCT 644.05 - 6.68 37.91
NOV 644.05 - 6.68
DEC 644.05 25.76 6.68
JAN 618.29 - 6.41
FEB 618.29 - 6.41
MAR 618.29 25.76 6.41
51.52 32.61
2017-18 APRIL 592.53 - 6.15
MAY 592.53 - 6.15
JUNE 592.53 25.76 6.15
JULY 566.76 - 5.88
AUG 566.76 - 5.88
SEP 566.76 25.76 5.88
OCT 541.00 - 5.61
NOV 541.00 - 5.61
DEC 541.00 25.76 5.61
JAN 515.24 - 5.35
FEB 515.24 - 5.35
MAR 515.24 25.76 5.35
103.05 68.96
2018-19 APRIL 489.48 - 5.08
MAY 489.48 - 5.08
JUNE 489.48 25.76 5.08
JULY 463.72 - 4.81
AUG 463.72 - 4.81
SEP 463.72 25.76 4.81
OCT 437.95 - 4.54
NOV 437.95 - 4.54
DEC 437.95 25.76 4.54
JAN 412.19 - 4.28
FEB 412.19 - 4.28
MAR 412.19 25.76 4.28
103.05 56.13
2019-20 APRIL 386.43 - 4.01
MAY 386.43 - 4.01
JUNE 386.43 25.76 4.01
JULY 360.67 - 3.74
AUG 360.67 - 3.74
SEP 360.67 25.76 3.74
OCT 334.91 - 3.47
NOV 334.91 - 3.47
DEC 334.91 25.76 3.47
JAN 309.14 - 3.21
FEB 309.14 - 3.21
MAR 309.14 25.76 3.21
103.05 43.30
2020-21 APRIL 283.38 - 2.94
MAY 283.38 - 2.94
JUNE 283.38 25.76 2.94
JULY 257.62 - 2.67
AUG 257.62 - 2.67
SEP 257.62 25.76 2.67
OCT 231.86 - 2.41
NOV 231.86 - 2.41
DEC 231.86 25.76 2.41
JAN 206.10 - 2.14
FEB 206.10 - 2.14
MAR 206.10 25.76 2.14
103.05 30.47
2021-22 APRIL 180.33 - 1.87
MAY 180.33 - 1.87
JUNE 180.33 25.76 1.87
JULY 154.57 - 1.60
AUG 154.57 - 1.60
SEP 154.57 25.76 1.60
OCT 128.81 - 1.34
NOV 128.81 - 1.34
DEC 128.81 25.76 1.34
JAN 103.05 - 1.07
FEB 103.05 - 1.07
MAR 103.05 25.76 1.07
103.05 17.64
2022-23 APRIL 77.29 0.80
MAY 77.29 0.80
JUNE 77.29 25.76 0.80
JULY 51.52 0.53
AUG 51.52 0.53
SEP 51.52 25.76 0.53
OCT 25.76 0.27
NOV 25.76 0.27
DEC 25.76 25.76 0.27
JAN 0.00 - 0.00
FEB 0.00 - 0.00
MAR 0.00 - 0.00
77.29 4.81

YEAR 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 TOTAL

Principal 51.52 103.05 103.05 103.05 103.05 103.05 77.29 644.05


Interest 32.61 68.96 56.13 43.30 30.47 17.64 4.81 253.92

Months 12 12 12 12 12 12 9 81.00
Instalment 2 4 4 4 4 4 3 25.00
TERM LOAN WITHOUT SUBSIDY (Rs in Lacs)
TERM LOAN 700.05
INTEREST RATE PER ANNUM 12.45%
MORATORIUM PERIOD 7
INSTALLMENTS 25

YEAR MONTH TERM LOAN INSTALMENT INTEREST


OUTSTANDING

2016-17 APRIL 0.00 - 0.00


MAY 350.03 - 3.63
JUNE 560.05 - 5.81
JULY 700.05 - 7.26
AUG 700.05 - 7.26
SEP 700.05 7.26
OCT 700.05 - 7.26
NOV 700.05 - 7.26
DEC 700.05 28.00 7.26
JAN 672.05 - 6.97
FEB 672.05 - 6.97
MAR 672.05 28.00 6.97
56.00 73.94
2017-18 APRIL 644.05 - 6.68
MAY 644.05 - 6.68
JUNE 644.05 28.00 6.68
JULY 616.04 - 6.39
AUG 616.04 - 6.39
SEP 616.04 28.00 6.39
OCT 588.04 - 6.10
NOV 588.04 - 6.10
DEC 588.04 28.00 6.10
JAN 560.04 - 5.81
FEB 560.04 - 5.81
MAR 560.04 28.00 5.81
112.01 74.95
2018-19 APRIL 532.04 - 5.52
MAY 532.04 - 5.52
JUNE 532.04 28.00 5.52
JULY 504.04 - 5.23
AUG 504.04 - 5.23
SEP 504.04 28.00 5.23
OCT 476.03 - 4.94
NOV 476.03 - 4.94
DEC 476.03 28.00 4.94
JAN 448.03 - 4.65
FEB 448.03 - 4.65
MAR 448.03 28.00 4.65
112.01 61.01
2019-20 APRIL 420.03 - 4.36
MAY 420.03 - 4.36
JUNE 420.03 28.00 4.36
JULY 392.03 - 4.07
AUG 392.03 - 4.07
SEP 392.03 28.00 4.07
OCT 364.03 - 3.78
NOV 364.03 - 3.78
DEC 364.03 28.00 3.78
JAN 336.02 - 3.49
FEB 336.02 - 3.49
MAR 336.02 28.00 3.49
112.01 47.06
2020-21 APRIL 308.02 - 3.20
MAY 308.02 - 3.20
JUNE 308.02 28.00 3.20
JULY 280.02 - 2.91
AUG 280.02 - 2.91
SEP 280.02 28.00 2.91
OCT 252.02 - 2.61
NOV 252.02 - 2.61
DEC 252.02 28.00 2.61
JAN 224.02 - 2.32
FEB 224.02 - 2.32
MAR 224.02 28.00 2.32
112.01 33.12
2021-22 APRIL 196.01 - 2.03
MAY 196.01 - 2.03
JUNE 196.01 28.00 2.03
JULY 168.01 - 1.74
AUG 168.01 - 1.74
SEP 168.01 28.00 1.74
OCT 140.01 - 1.45
NOV 140.01 - 1.45
DEC 140.01 28.00 1.45
JAN 112.01 - 1.16
FEB 112.01 - 1.16
MAR 112.01 28.00 1.16
112.01 19.17
2022-23 APRIL 84.01 - 0.87
MAY 84.01 - 0.87
JUNE 84.01 28.00 0.87
JULY 56.00 - 0.58
AUG 56.00 - 0.58
SEP 56.00 28.00 0.58
OCT 28.00 - 0.29
NOV 28.00 - 0.29
DEC 28.00 28.00 0.29
JAN - -
FEB - -
MAR - -
84.01 5.23

2022-
YEAR 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 TOTAL
23

Principal 56.00 112.01 112.01 112.01 112.01 112.01 84.01 700.05


Interest 73.94 74.95 61.01 47.06 33.12 19.17 5.23 314.49

Months 12 12 12 12 12 12 9 81
Instalment 2 4 4 4 4 4 3 25

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