Contents

Page 1 COVER

Page 2 Contents

Page 3 Fixed Assets

Page 4 Production Programme

Page 5 Consumable materials from India

Page 6 Half finished materials - Wallls & Deoiled cake RB (Germany)

Page 7 Half finished materials - , Wallls & Deoiled cake RB (India)

Page 8 Finished materials - Wallls & Deoiled cake RB (Germany)

Page 9 Plywood - , Wallls & Deoiled cake RB (India)

Page 10 Shipping cost

10

Page 11 Summary of materials cost

11

Page 12 Employee listing

12

Page 13 Employee cost

13

Page 14 Price Caluculation

14

Page 15 Sales Plan

15

Page 16 Profit and Loss statement

16

Page 17 Cash Flow statement

17

EVERYTIME FOODS INDUSTRIES PVT.LTD.

SURANA GROUP

PROJECT AT A GLANCE
Name of the Project

Maize Solvent Extraction Plan

Location
Plant Capacity

120 TPD

Raw Material

Maize

Finished Product

Corn Grits,Corn Samolina,Corn Floor,Corn Bran.

Working Days

300

Land Requirement

2.5

Cost Per Acre of Land

Rs.40 Lakhs (Note 1)

Building Area( sq. feet)

Power Tariff Rate

Rs.1.8 per Kwh (Note 2)

Project Time Schedule

12 Months

Subsidy
Raw Material Price Per Ton

Rs.11,000 (Note 3)

Consumable Price Per Ton of Processing

(Solvents and Chemicals)
Average Price of Corn Grits

Rs.17,000 (Note 3)

Average Price of Corn Meal

Rs.16000 (Note 3)

Average Price of Corn Floor

Rs.11000

Average Price of Corn Bran

Rs.10000

COST OF PROJECT AND MEANS OF FINANCE

I. Cost of the Project
S. No.
1
2
3
4
5

PARTICULARS
Land and Site Equipment
Building
Plant & Machinery
Other Fixed Assets
Pre-operative Expenses
TOTAL

(Amount )
((In Rupees Lakhs) ) ((In Rupees) )
100
###
157
###
800
###
2
###
76
###
1,135
###

II. Means of Finance

S. No.
1
2

PARTICULARS
Promoters Contribution
- Equity
Term Loan
TOTAL

(Amount )
((In Rupees Lakhs) ) ((In Rupees) )
375
760

###
###

1,135

###

Everytime Foods Industries Pvt.Ltd.

Balance Sheet as at March 31, 20xx

As at
March
Schedule 31
2012

As at
March
31
2013

(In Rupees Lakhs)

As at
As at
As at
March March As at
March As at
As at
31
31
March
31
March March
2014
2015 31 2016 2017 31 2018 31 2019

SOURCES OF FUNDS
Shareholders' Funds
Share Capital
Reserves and Surplus

I
II

375
(7)

375
18

375
162

375
356

375
602

375
853

375
1,105

375
1,383

Loan Funds
Secured Loans

III

760

740

660

580

500

420

342

1,128

1,133

1,196

1,311

1,477

1,647

1,822

1,758

TOTAL
APPLICATION OF FUNDS
Fixed Assets
Gross Block
Less: Accumulated Depreciation
Net Block
Current Assets, Loans And
Advances
Inventories
Sundry Debtors
Cash and Bank Balances
Less: Current Liabilities
and Provisions
Creditors
Working Capital loan
Net Current Assets
TOTAL

IV
1,059
1,059
1,059 1,059
1,059
1,059
1,059
1,059
- #NAME? #NAME?
### (#REF! ) (#REF! ) (#REF! ) (#REF! )
1,059 (#REF! )(#REF! )(#REF! (#REF!
)
) (#REF! )
### (#REF! )
V
- (#REF! ) (#REF! ) (#REF! )(#REF! ) (#REF! ) (#REF! ) (#REF! )
177
301
352
402
405
405
405
69
69
### (#REF! )(#REF! ) (#REF! ) (#REF! ) (#REF! )
69 (#REF! )(#REF! )(#REF! (#REF!
)
) (#REF! )
405 (#REF! )

VI
III

69
1,128

198
218

238
327

277
383

317
437

317
439

416
565
660
754
756
### (#REF! ) (#REF! )(#REF! ) (#REF! )

317
439

317
439

756
756
(351) (#REF! )

### (#REF! )(#REF! (#REF!

)
) (#REF! )(#REF! )

###

Everytime Foods Industries Pvt.Ltd.

Schedules to Balance Sheets

(In Rupees Lakhs)
2011-12 2012-13 2013-14 2014-15 2015-16 2016-172017-182018-19
ProvisionalEstimated Projected Projected Projected ProjectedProjectedProjected
Schedule I Share Capital
Authorised Capital
Equity Shares of Rs.
500
500
500
500
500
500
500
500
Particulars

Issued, Subscribed and Paid Up Capital

375
Issued during the year
Total
375

375

375

375

375

375

375

375

375

375

375

375

375

375

375

18
18

18
143
162

162
195
356

356
246
602

602
251
853

853
252
1,105

1,105
278
1,383

Schedule III Secured Loans

From Banks
Term Loans
760
Working Capital Demand Loan
-

740
218

660
327

580
383

500
437

420
439

342
439

439

Total

958

987

963

937

859

781

439

Schedule II Reserves and Surplus

As per Last Balance Sheet
Profit and Loss Account Balance (7)
Total
(7)

760

Schedule V Current Assets

A. Inventories
Raw Materials
Consumables
Finished Goods
Sub Total

165
198
231
264
264
264
264
- #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
###
126
152
177
202
202
202
202
- (#REF! ) (#REF! ) (#REF! ) (#REF! ) (#REF! ) (#REF! )(#REF! )

B. Sundry Debtors

177

301

352

402

405

405

405

C. Cash and Bank Balances

Cash on Hand
3 (#REF! ) (#REF! ) (#REF! ) (#REF! ) (#REF! )
###
###
Bank Balance
In Current Account with Schedule
66 (#REF!
Banks ) (#REF! ) (#REF! ) (#REF! ) (#REF! ) (#REF! ) (#REF! )
Sub Total
69
69
### (#REF! ) (#REF! ) (#REF! ) (#REF! )(#REF! )
Total
69
###
### (#REF! ) (#REF! ) (#REF! ) (#REF! )(#REF! )

Schedule VI Current Liabilities and Provisions

A. Current Liabilities
Sundry Creditors
B. Provisions
Taxation
Total

198

238

277

317

317

317

317

0
-

198

238

277

317

317

317

317

EVERYTIME FOODS INDUSTRIES PVT.LTD.

Schedule IV
FIXED ASSETS AND DEPRECIATION SCHEDULE
Capital expenditure for the Year 2011-12
Particulars
2011-12
2012-13
2013-14
2014-15
(Rs. in Lakhs)
Land
100
100
Building
157
157
Furniture and Fixtures
2
2
Plant & Machinery
800
800
1,059
SCHEDULE - D FIXED ASSETS AND DEPRECIATION
For the Period Ended March 31, 2012

Particulars
Land
Building
Office Equipment/furniture
Plant & Machinery

GROSS BLOCK
Opening
Balance
Rat As at 1
Additions
es April 2012 During the As at Marh
SLM
Year
31, 2012
0
5
5
10

100
157
2
800
1,059

100
157
2
800
1,059

(Depreciation
for 2012-13
Onwards )

7.85
0.10
80.0
87.95

As the building,plant and machinery have not been used till the commencement of the production,all cost(upto 31 March 2012) relating to the

Everytime Foods Industries Pvt.Ltd.

Schedules to Profit and Loss Account

2011-12 2012-13 2013-14 2014-15

A.

(Rupess in Lakhs)

2015-16

2016-17 2017-18 2018-19

Turnover

Planed sales (tons) of Corn Grits

Price per ton(Rs)
Corn Grits Turnover (Rs.lacs)

2,394
17,000
407

4,070
17,000
692

4,754
17,000
808

5,438
17,000
924

5,472
17,000
930

5,472
17,000
930

5,472
17,000
930

Planed sales (tons) Corn Samolina

Price per ton(Rs)
Corn Samolina Turnover (Rs.lacs)

4,536
17,000
771

7,711
17,000
1,311

9,007
17,000
1,531

10,303
17,000
1,752

10,368
17,000
1,763

10,368
17,000
1,763

10,368
17,000
1,763

Planed sales (tons) Corn Floor

Price per ton(Rs)
Corn Floor Turnover (Rs.lacs)

2,520
11,000
277

4,284
11,000
471

5,004
11,000
550

5,724
11,000
630

5,760
11,000
634

5,760
11,000
634

5,760
11,000
634

Planed sales (tons) Corn Bran

Price per ton(Rs)
Corn Bran Turnover (Rs.lacs)

3,150
10,000
315

5,355
10,000
536

6,255
10,000
626

7,155
10,000
716

7,200
10,000
720

7,200
10,000
720

7,200
10,000
720

1,770
71
1,699

3,010
120
2,889

3,515
141
3,375

4,021
161
3,860

4,046
162
3,885

4,046
162
3,885

4,046
162
3,885

12,600
1,386

21,420
2,356

25,020
2,752

28,620
3,148

28,800
3,168

28,800
3,168

28,800
3,168

8
3,920
31,360

12
4,390
52,685

14
4,917
68,841

15
5,507
82,610

Gross Turnover
Sales 4%
Net turnover
B. Cost of Material
Maize (tons)
Maize (@ Rs.11000/ton)

(- )
(- )

C. Direct Labour Cost

Direct Labour
No.of Labours
Avg.Wage Per Labour per month
3,500
Total Wage cost per month (Rs.) D. Power and Fuel
Power Consumption per ton
of Raw Material
Tariff Per KWH(Rs.)
Tons processed in the year

Power cost
E. Establishment Cost
Travel expenses
Consultancy
Insurances
Audit and Legal
Total
G. Interests and Finance Cost
Interest on Term Loan
Interest on Working Capital
Total

15
15
15
6,168
6,908
7,737
92,523 103,626 116,061

(25 KWH (25

) KWH )(25 KWH )(25 KWH )(25 KWH ) (25 KWH )(25 KWH )(25 KWH )
2
2
2
2
2
2
2
2
15,390
24,624
28,728
32,832 32,832
32,832
32,832
8
12
14
16
16
16
16

20,000
40,000

45,000
50,000
55,000
20,000
10,000
10,000
400,000 360,000 324,000
10,000
11,000
12,100
13,310
70,000 476,000 432,100 402,310

25
25

98
31
129

90
46
135

79
54
133

60,000
65,000
75,000
90,000
10,000
10,000
10,000
10,000
291,600 262,440 236,196 212,576
14,641
16,105
17,716
19,487
376,241 353,545 338,912 332,064

69
61
130

59
61
120

48
61
110

61
61

Everytime Foods Industries Pvt.Ltd..

Profit and Loss Account for the Year Ended
March in
31,
20xx
(Amounts
Rupees)
2011Schedule 12
INCOME
Net Sales

Cost of Material
B
Direct Labour
C
Power & Fuel
D
Factory Expenses
0.50%
Repairs and Maintenance
1%
Depreciation
IV
Administration Cost
F
Cost of Production
Sub-Total [Total cost of Production]
Establishment Costs
E
Cost of Sales
Operating Profit before Interest
Interest and Financial Cost
G
Operating Profit after Interest
Add Other non-operating income
Preliminary Expenses written off
Profir Before Tax/ loss
Provision for Taxation-current
Year -33.99%
Net Profit After Tax/ loss

6
6
6
1
7
(7)
(7)
(7)
(7)
(7)

201213

2013- 201414
15

20152016-17 2017-18 2018-19

16

1,699 2,889

3,375

3,860

3,885

3,885 3,885

1,386
3
8
7
17
88
23
1,532
1,532
5
1,536
163
129
35
35
(7)
28

2,356
5
12
12
29
88
30
2,532
2,532
4
2,536
353
135
217
217

2,752
6
14
14
34
88
35
2,943
2,943
4
2,947
428
133
295
295

3,148
7
16
16
39
88
40
3,354
3,354
4
3,358
502
130
372
372

3,168
8
16
16
39
88
46
3,381
3,381
4
3,385
500
120
380
380

3,168 3,168
9
10
16
16
16
16
39
39
88
88
53
61
3,389 3,398
3,389 3,398
3
3
3,393 3,402
492
483
110
61
382
421

217

295

372

74
143

100
195

127
246

9
18

382

421

380

382

421

129
251

130
252

143
278

EVERYTIME FOODS INDUSTRIES PVT.LTD.

Schedule F to Profit and Loss Account
Wages Benefits Total
Per MonthPer MonthPer Month
C.E.O and Directors
2
40,000
10,000 140,000
General Manager
1
12,000
2,400 14,400
Production Manager/Supervisor 1
12,000
2,400 14,400
Quality Controller Manager/Miller1
9,000
1,800 10,800
Book Keeper,Accounts Manager 1
12,000
2,400 14,400
Engineer
1
12,000
2,400 14,400
Electrical Engineer
1
8,000
1,600
9,600
Store Keeper
1
8,000
1,600
9,600
Clerical
1
4,000
800
4,800
Security Officers
1
4,000
800
4,800
Office Assistants
2
4,000
800
9,600
Drivers
1
6,000
1,200
7,200
Total Salary Costs to run the Manufacturing Plant per year
###

S. No. Position
1
2
3
4
5
6
7
8
9
10
11
12

Nos

From Year 2014-15 the above salary cost would increase by 15 % every year

Everytime Foods Industries Pvt.Ltd.

Cash Flow Statement for the Year ended March 31, 20xx
Year
Year
Year
Year
Year
Year
Year
Year
Ended
Ended
Ended
Ended
Ended
Ended
Ended
Ended
March
March
March March 31' March 31' March
March
March
31' 2012 31' 2013 31' 2014
2015
2016
31' 2017 31' 2018 31' 2019
A) Cash Flow From Operations
Net Profit Before Tax
(7)
28
217
295
372
380
382
421
Depreciation / Amortization
95
88
88
88
88
88
88
Interest and Financial Charges
129
135
133
130
120
110
61
Operating Profit Before Working Capital Changes
(7)
251
441
516
590
588
580
571
Adjusted For Changes in
Trade And Other Receivables
(177)
(124)
(51)
(51)
(3)
Inventories
- #VALUE!
#VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
Trade Payables and Other Liabilities
198
40
39
40
Cash (used) / generated from Operations(7)
272 (#REF! ) #VALUE! (#REF! ) (#REF! ) #VALUE! (#REF! )
Taxes Paid
9
74
100
127
129
130
143
Net Cash (used) / generated in operating activities
(7)
263 (#REF! ) (#REF! ) (#REF! ) (#REF! ) (#REF! ) (#REF! )
B) Cash Flow From Investing Activities
Purchase Of Fixed Assets and Other Capex(1,059) (- )
Net Cash used in Investing Activities (1,059)
C) Cash Flow From Financing Activities
Proceeds from Issue of Shares
Long Terrm Funds (Net)
Short term Loans (Net)
Interest paid
Dividends and dividend tax
Net Cash from Financing Activities

375
760
1,135

(- )
-

(20)
218
(129)
69

(- )
-

(80)
109
(135)
(106)

(80)
56
(133)
(157)

(80)
54
(130)
(156)

(80)
2
(120)
(198)

(78)
(110)
(188)

(342)
(61)
(403)

Net Change in Cash and Cash Equivalents(A+B+C)

69 (#REF! ) (#REF! ) (#REF! )
Cash and Cash Equivalents as at Apr. 1st (Op. Bal.)
69 (#REF! ) (#REF! )

(#REF! )
(#REF! )

(#REF! ) (#REF! ) (#REF! )

(#REF! ) (#REF! ) (#REF! )

Cash and Cash Equivalents as at Mar 31st (Cl.Bal.)

(#REF! )

(#REF! )

69

69 #VALUE! (#REF! )

(#REF! )

(#REF! )

WORKING CAPITAL REQUIREMENT

Description
2012-13 2013-142014-15
2015-16
2016-172017-18
2018-19
Total Capacity-Raw Material (Tons)
27000 36000 36000 36000 36000 36000 36000
Total Capacity-Finished Goods(Tons)
Corn Grits
5130 6840
Corn Samolina
9720 12960
Corn Floor
5400 7200
Corn Bran
6750 9000

Capacity Utilisation
Opening Stock (Tons)
Corn Grits
Corn Samolina
Corn Floor
Corn Bran

CAPACITY UTILISATION
50%
60%
70%
-

900

2,565
4,860
2,700
3,375

4,104
7,776
4,320
5,400

Total
Production( Tons)
Corn Grits
Corn Samolina
Corn Floor
Corn Bran
Total
Sales (Tons)
Corn Grits
Corn Samolina
Corn Floor
Corn Bran
Total

6840 6840 6840

12960 12960 12960
7200 7200 7200
9000 9000 9000

13,500

2,394
4,536
2,520
3,150
12,600

171
324
180
225

###

4,070
7,711
4,284
5,355

6840 6840
12960 12960
7200 7200
9000 9000

80%

80%

80%

80%

239
454
252
315

274
518
288
360

274
518
288
360

274
518
288
360

1,080 1,260 1,440

1,440

205
389
216
270

###

4,788 5,472 5,472

5,472 5,472
9,072
###
### 10,368 ###
5,040 5,760 5,760
5,760 5,760
6,300 7,200 7,200
7,200 7,200
###

###

###

###

###

4,754 5,438 5,472

5,472 5,472
9,007
###
### 10,368 ###
5,004 5,724 5,760
5,760 5,760
6,255 7,155 7,200
7,200 7,200

###

###

###

###

###

###

205
389
216
270

239
454
252
315

274
518
288
360

274
518
288
360

274
518
288
360

274
518
288
360

1,260 1,440 1,440

1,440

Closing Stock (Tons)

Corn Grits
Corn Samolina
Corn Floor
Corn Bran

171
324
180
225

Total

900 1,080

###

WORKING CAPITAL REQUIREMENT

Raw Materials (25 days Stock)
Maize (Tons)
1,500
Maize (Rs.lakhs)
165

Finished Goods (15 Days Stock)

Corn Grits (Rs.lacs)
Corn Samolina (Rs.lacs)
Corn Floor (Rs.lacs)
Corn Bran (Rs.lacs)

1,800
198

2,100 2,400
231
264

2,400
264

2,400 2,400
264
264

29
55
20
23

35
66
24
27

41
77
28
32

47
88
32
36

47
88
32
36

47
88
32
36

47
88
32
36

126

152

177

202

202

202

202

41
77
28
32

69
131
47
54

81
153
55
63

92
175
63
72

93
176
63
72

93
176
63
72

93
176
63
72

177

301

352

402

405

405

405

20

24

28

32

32

32

32

Creditors(30 Days)
Maize (Rs.Lakhs)
Total

198
198

238
238

277
277

317
317

317
317

317
317

317
317

NET WORKING CAPITAL

290

Total

Debtors(30 days)
Corn Grits (Rs.lacs)
Corn Samolina (Rs.lacs)
Corn Floor (Rs.lacs)
Corn Bran (Rs.lacs)
Total
Work-In-Progress(3 Days)

Working Capital Loan(75%) 218.00

Equity Funding(Margin money72.00
25%)

436

510

583

586

586

586

###
###

###
###

###
###

###
###

###
###

###
###

Interest on WCDL @ 14% p.a 30.52 45.78

53.62 61.18 61.46

61.46

###

Month
Apr 14
May 14
June 14
July 14
Aug 14
Sep 14
Oct 14
Nov 14
Dec14
Jan 15
Feb 15
Mar 15
Apr 15
May 15
June 15
July 15
Aug 15
Sep 15
Oct 15
Nov. 15
Dec 15
Jan 16
Feb 16
Mar 16
Apl 16
May 16
June 16
Jul 16
Aug 16
Sept 16
Oct 16
Nov 16
Dec 16
Jan 17
Feb 17
Mar 17
Arl 17
May 17
June 17
Jul 17
Aug 17
Sept 17
Oct 17
Nov 17
Dec 17
Jan 18
Feb 18
Mar 18

Opening Principal O/S

Repayment
Principal O/S
660.00
20.00
640.00
0.00
640.00
0.00
640.00
20.00
620.00
0.00
620.00
0.00
620.00
20.00
600.00
0.00
600.00
0.00
600.00
20.00
580.00
0.00
580.00
0.00
80.00
580.00
20.00
560.00
0.00
560.00
0.00
560.00
20.00
540.00
0.00
540.00
0.00
540.00
20.00
520.00
0.00
520.00
0.00
520.00
20.00
500.00
0.00
500.00
0.00
80.00
500.00
20.00
480.00
0.00
480.00
0.00
480.00
20.00
460.00
0.00
460.00
0.00
460.00
20.00
440.00
0.00
440.00
0.00
440.00
20.00
420.00
0.00
420.00
0.00
80.00
420.00
20.00
400.00
0.00
400.00
0.00
400.00
20.00
380.00
0.00
380.00
0.00
380.00
20.00
360.00
0.00
360.00
0.00
360.00
18.00
342.00
0.00
342.00
0.00
78.00

Interest @13%p.a.
6.93
6.93
6.93
6.72
6.72
6.72
6.50
6.50
6.50
6.28
6.28
6.28
79.30
560.00
6.07
560.00
6.07
560.00
6.07
540.00
5.85
540.00
5.85
540.00
5.85
520.00
5.63
520.00
5.63
520.00
5.63
500.00
5.42
500.00
5.42
500.00
5.42
68.90
480.00
5.20
480.00
5.20
480.00
5.20
460.00
4.98
460.00
4.98
460.00
4.98
440.00
4.77
440.00
4.77
440.00
4.77
420.00
4.55
420.00
4.55
420.00
4.55
58.50
400.00
4.33
400.00
4.33
400.00
4.33
380.00
4.12
380.00
4.12
380.00
4.12
360.00
3.90
360.00
3.90
360.00
3.90
342.00
3.71
342.00
3.71
342.00
3.71
48.17
640.00
640.00
640.00
620.00
620.00
620.00
600.00
600.00
600.00
580.00
580.00
580.00

Everytime Foods Industries Pvt.Ltd.

RATION ANALYSIS
As at
As at
As at
As at
As at
As at
As at
As at
March
March
March
March
March
March
March
March
31 2012 31 2013 31 2014 31 2015 31 2016 31 2017 31 2018 31 2019
Net Profit to Sales Ratio (%)

Current Ratio

Debt Equity Ratio

2.1

1.1

6.4

6.5

#VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

2.4

1.8

Discounted Payback Period

1.3

6.5

7.2

0.54

#VALUE!

0.7

0.5

0.2

Mid of FY 2014-15

NPV
Rate of Return on Equity (%)

5.8

-32
-

4.99

36.51

36.29

33.61

25.67

20.56

18.8

Rate of Return on Total Investments(%) 1.63

12.66

16.27

18.74

16.98

15.32

15.27