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8 Debt Service :
Coverage Ratio
10 Project : 3 Months
Implementation
12 Employment : 25
This machine shop will carry out Milling (Machining), Pressing and Cutting proceses. Milling is a cutting process that
uses a milling cutter to remove material from the surface of a workpiece. The milling cutter is a rotary cutting tool,
often with multiple cutting points. In Pressing, with hydraulic press, various finishing jobs are carried out.
Apart from machining, the proprietor, with the help of same machinery, intends to take fabrication jobs also. This will
help him to run his factory with better efficiency by minimizing ideal times and to rip higher profits.
This project is proposed in a proprietorship firm of Mrs. Madhuri Ashok Patil. Mrs. Madhuri Ashok Patil has decided to
start this project after studying the demand of such project and shortage against the existing demand. The day to
day working will be looked after by himself.
3 COST OF PROJECT
A. Fixed Capital Investment
a. Land : Own Own
f. Contingency/Others/Miscellaneous : ₹ 0.00
Total ₹ 2362175.00
3.2 STATEMENT SHOWING THE REPAYMENT OF TERM LOAN & WORKING CAPITAL :
TERM LOAN
Interest @
Year Opening Balance Installment Closing Balance
12.00%
1st 2063400 103170 1960230 247608
2nd 1960230 412680 1547550 235228
3rd 1547550 412680 1134870 185706
4th 1134870 412680 722190 136184
5th 722190 412680 309510 86663
6th 309510 412680 0 37141
7th 0 0 0 0
8th 0 0 0 0
WORKING CAPITAL
Interest @
Year Opening Balance Installment Closing Balance
12.00%
1st 298775 14939 283836 35853
2nd 283836 59755 224081 34060
3rd 224081 59755 164326 26890
4th 164326 59755 104571 19719
5th 104571 59755 44816 12549
6th 44816 59755 0 5378
7th 0 0 0 0
8th 0 0 0 0
Total 8400000.00
5 Rawmaterials :
Particulars Unit Rate/unit Reqd.Unit Amount in ₹
RAW MATERIALS 0 4200000.00 1 4200000.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
Total 4200000.00
5.1 Wages :
No. of Wages Amount in ₹
Particulars
Worker Per Month (Per Annum)
Skilled Labours 8 8000.00 768000.00
Unskilled Labours 16 5500.00 1056000.00
0 0 0.00 0.00
0 0 0.00 0.00
0 0 0.00 0.00
0 0 0.00 0.00
0 0 0.00 0.00
Total 24 1824000.00
6 Administrative Expenses :
6.1 Salary
Office Staff 1 8500.00 102000.00
0 0 0.00 0.00
0 0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
Total 1 102000.00
Manufacturing Expenses
Raw Material 4200000.00
Wages 1824000.00
Repair & Maintenance 120000.00
Power & Fuel 168000.00
Other Overhead Expenses 0.00
CA Shreyans
Digitally signed by CA Shreyans
Tejpal Shah
DN: cn=CA Shreyans Tejpal Shah,
Tejpal Shah
o=T C Shah & Co., ou=Partner,
email=shreyans01@gmail.com, c=IN
Date: 2018.01.22 19:18:13 +05'30'