PROJECT AT A GLANCE - TOP SHEET

1 Name of the Entreprenuer MAA TARA IRON & STEEL FABRICATION

2 Constitution (legal Status) Individual :

3 Father's/Spouce's Name PROPOSED PROP-SHEO BHUSHAN DAS

4 Unit Address : KHARNI MORE ,SINGH MARKET

RAJGANJ
Taluk/Block: 0
District : 0
Pin: 0 State: 0
E-Mail : 0
Mobile 0
5 Product and By Product

6 Cost of Project : Rs. 6,20,383

Name of the project / business
IRON AND STEEL FABRICATION
activity proposed :
7 Means of Finance
Term Loan Rs. 5,89,364.00
KVIC Margin Money Rs. 2,17,134.00
Own Capital Rs. 31019.00

8 Debt Service :
Coverage Ratio

9 Pay Back Period : 5 Years

10 Project : 0 Months
Implementation
Period

11 Break Even Point :

12 Employment : 5

13 Power Requirement : 2 K.V

14 Major Raw materials : Iron Sheet,Other Items,Angles

15 Estimated Annual : Rs. 2618000.00

Sales Turnover

PMEGP Project Report Page 1

 DETAILED PROJECT REPORT
1 INTRODUCTION :

The Proposed product is fully viable in market.As the demand is increasing day by day.

2 ABOUT THE PROMOTER :

Promoter is hard working and experience person.

3 COST OF PROJECT
A. Fixed Capital Investment
a. Land : 0 Own

b. Workshed Area Sq.ft Rate in Rs. Amt. In Rs.

workshop 800 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
0 0 0.00 0.00
0 0 0.00 0.00
Total 0.00
#REF!
C. Machinery Qty. Rate Amount in Rs.
Welding Machine Automatic with full set 2 25000.00 50000.00
Cutting Machine 1 30000.00 30000.00
Tools full set 2 20000.00 40000.00
Instruments 1 50000.00 50000.00
Rack 2 15000.00 30000.00
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
0 0 0.00 0.00
0 0 0.00 0.00
Total 200000.00

PMEGP Project Report Page 2

 d. Preliminary & Pre-operative Cost : Rs. 0.00

e. Furniture & Fixtures : Rs. 0.00

f. Contingency/Others/Miscellaneous : Rs. 0.00

Total Capital Expenditure : Rs. 200000.00

Working Capital : Rs. 420383.00

Total Cost Project : Rs. 620383.00

3.1 Means of Financing :

Own Contribution 5% Rs. 31019.00

Bank Finance : 95%

Term Loan Rs. 190000.00
Working Capital Rs. 399364.00

Total Rs. 589364.00

Margin Money (Govt. Subsidy) From KVIC 35% Rs. 217134.00

Margin Money Subsidy received From KVIC will be kept in term deposit as per norms of
PMEGP in the name of Beneficiary for three years in the financing branch.

3.2 STATEMENT SHOWING THE REPAYMENT OF TERM LOAN & WORKING CAPITAL :
TERM LOAN

Interest @
Year Opening Balance Installment Closing Balance
11.20%
1st 190000 0 190000 21280
2nd 190000 38000 152000 21280
3rd 152000 38000 114000 17024
4th 114000 38000 76000 12768
5th 76000 38000 38000 8512
6th 38000 38000 0 4256
7th 0 0 0 0
8th 0 0 0 0

WORKING CAPITAL

Interest @
Year Opening Balance Installment Closing Balance
11.20%
1st 399364 0 399364 44729
2nd 399364 79873 319491 44729
3rd 319491 79873 239618 35783
4th 239618 79873 159746 26837
5th 159746 79873 79873 17892
6th 79873 79873 0 8946
7th 0 79873 0 0
8th 0 0 0 0

PMEGP Project Report Page 3

3.3 STATEMENT SHOWING THE DEPRECIATION ON FIXED ASSETS:
WORKSHED @ 10.00%
Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
Opening Balance 0 0 0 0 0
Depreciation 0 0 0 0 0
Closing Balance 0 0 0 0 0
MACHINERY @ 15.00%
Opening Balance 200000 170000 144500 122825 104401
Depreciation 30000 25500 21675 18424 15660
Closing Balance 170000 144500 122825 104401 88741
TOTAL DEPRECIATION
Workshed 0 0 0 0 0
Machinery 30000 25500 21675 18424 15660
Total 30000 25500 21675 18424 15660

4 Schedule of Sales Realization :

4.1 Details of Sales
Rate/ No. of Amount in Rs.
Particulars of Product
Pair/Unit Pair/Unit
0
Doors 3000.00 150 450000.00
Palang 3000.00 75 225000.00
Almirah 2200.00 400 880000.00
Furnitures 1100.00 530 583000.00
Greel 800.00 600 480000.00
0 0.00 0 0.00
0 0.00 0 0.00
Total 2618000.00

4.2 Capacity Utilization of Sales

Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year

Capacity Utilization 70% 80% 90% 90% 90%

Sales / Receipts 1832600 2094400 2356200 2356200 2356200

5 Rawmaterials :
Particulars Unit Rate/unit Reqd.Unit Amount in Rs.
Iron Sheet 0 3000.00 300 900000.00
Other Items 0 900.00 500 450000.00
Angles 0 400.00 450 180000.00
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 1530000.00
5.1 Wages :
No. of Wages Amount in Rs.
Particulars
Worker Per Month (Per Annum)
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
0 0 0.00 0.00
0 0 0.00 0.00
Total 0 0.00

5.2 Repairs and Maintenance : Rs. 12000.00

PMEGP Project Report Page 4

5.3 Power and Fuel : Rs. 60000.00

5.4 Other Overhead Expenses : Rs. 1400.00

6 Administrative Expenses :
6.1 Salary
Workers 5 5000.00 300000.00
0 0 0.00 0.00
0 0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
Total 5 300000.00

6.2 Telephone Expenses 2400.00

6.4 Stationery & Postage 12000.00

6.5 Advertisement & Publicity 10000.00

6.6 Workshed Rent 0.00

6.7 Other Miscellaneous Expenses 6000.00

Total 330400.00
7 Capacity Utilization of Manufacturing & Administrative Expenses :
Particulars 1st Year 2nd Year 3rd Year 4th Year 5th Year
Capacity Utilization 70% 80% 90% 90% 90%
Manufacturing Expenses
Rawmaterials 1071000 1224000 1377000 1377000 1377000
Wages 0 0 0 0 0
Repairs & Maintenance 8400 9600 10800 10800 10800
Power & Fuel 42000 48000 54000 54000 54000
Other Overhead Expenses 980 1120 1260 1260 1260
Administrative Expenses
Salary 300000 300000 300000 300000 300000
Postage Telephone Expenses 1680 1920 2160 2160 2160
Stationery & Postage 8400 9600 10800 10800 10800
Advertisement & Publicity 7000 8000 9000 9000 9000
Workshed Rent 0 0 0 0 0
Other Miscellaneous Expenses 4200 4800 5400 5400 5400
Total: 1443660 1607040 1770420 1770420 1770420
8 Assessment of Working Capital :
Particulars Amount in Rs.
Sale 2618000.00

Manufacturing Expenses
Raw Material 1530000.00
Wages 0.00
Repair & Maintenance 12000.00
Power & Fuel 60000.00
Other Overhead Expenses 1400.00

Production Cost 1603400.00

Administrative Cost 330400.00
Manufacturing Cost 1933800.00

PMEGP Project Report Page 5

 Working Capital Estimate :
Element of Working Capital No of Days Basis Amount in Rs.
0 0 Material Cost 0.00

Stock in process 28 Production Cost 149651.00

Finished goods 25 Manufacturing Cost 161150.00

Receivable by 17 Manufacturing Cost 109582.00

Total Working Capital Requirement Per Cycle 420383.00

9 Financial Analysis
9.1 Projected Profit & Loss Account :
Particulars 0 Year 1st Year 2nd Year 3rd Year 4th Year
Sales / Receipts 1832600 2094400 2356200 2356200
1832600 2094400 2356200 2356200
Manufacturing Expenses
Rawmaterials 1071000 1224000 1377000 1377000
Wages 0 0 0 0
Repairs & Maintenance 8400 9600 10800 10800
Power & Fuel 42000 48000 54000 54000
Other Overhead Expenses 980 1120 1260 1260
Depreciation 30000 25500 21675 18424
Production Cost 1152380 1308220 1464735 1461484
Administrative Expenses
Salary 300000 315000 330750 347288
Postage Telephone Expenses 1680 1920 2160 2160
Stationery & Postage 8400 9600 10800 10800
Advertisement & Publicity 7000 8000 9000 9000
Workshed Rent 0 0 0 0
Other Miscellaneous Expenses 4200 4800 5400 5400
Administrative Cost 321280 339320 358110 374648
Interest on Bank credit @ 11.2%
Term Loan 21280 21280 17024 12768
Working Capital Loan 44729 44729 35783 26837
Cost of Sale 1539669 1713549 1875652 1875737
Net Profit Before Tax 292931 380851 480548 480463
Less Tax 0.00 0.00 0.00 0.00
Net Profit 292931 380851 480548 480463

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

Particulars 0 Year 1st Year 2nd Year 3rd Year 4th Year
Net Profit 292931 380851 480548 480463
Add :
Depreciation 30000 25500 21675 18424
TOTAL - A 322931 406351 502223 498887
Payments :
On Term Loan :
Interest 21280 21280 17024 12768
Installment 0 38000 38000 38000
On Working Capital
Interest 44729 44729 35783 26837
TOTAL - B 66009 104009 90807 77605
D.S.C.R = A/B
4.89 3.91 5.53 6.43
Average D.S.C.R

PMEGP Project Report Page 6

9.3 PROJECTED BALANCE SHEET :
Particulars 0 Year 1st Year 2nd Year 3rd Year 4th Year
LIABILITIES :
Promoters Capital 31019 31019 31019 31019
Profit 292931 380851 480548 480463
Term Loan 190000 190000 152000 114000
Working Capital Loan 399364 399364 319491 239618
Current Liabilities 0 0 0 0
Sundry Creditors 0 0 0 0
913314 1001234 983058 865100
ASSETS :
Gross Fixed Assets : 200000 170000 144500 122825
Less : Depreciation 30000 25500 21675 18424
Net Fixed Assets 170000 144500 122825 104401
Preliminary & Pre-Op. Expenses 0 0 0 0
Current Assets 399364 399364 319491 239618
Cash in Bank/Hand 343950 457370 540742 521081
Total 913314 1001234 983058 865100

9.4 CASH FLOW STATEMENT :

Particulars 0 Year 1st Year 2nd Year 3rd Year 4th Year
Net Profit 292931 380851 480548 480463
Add : Depreciation 30000 25500 21675 18424
Term Loan 190000 190000 152000 114000
Working Capital Loan 399364 399364 319491 239618
Promoters Capital 31019 0 0 0
Total 943314 995715 973714 852505

Total Fixed Capital Invested 200000

Repayment of Term Loan 0 38000 38000 38000

Repayment of WC Loan 0 79873 79873 79873
Current Assets 399364 399364 319491 239618
Total 399364 517237 437364 357491

Opening Balance 0 543950 1022429 1558779

Surplus 543950 478478 536350 495014
Closing Balance 543950 1022429 1558779 2053793

9.5 BREAK EVEN POINT AND RATIO ANALYSIS :

Particulars 0 Year 1st Year 2nd Year 3rd Year 4th Year
Fixed Cost 372560 386100 396809 405840
Variable Cost 1197109 1352949 1500518 1488321
Total Cost 1569669 1739049 1897327 1894161

Sales 1832600 2094400 2356200 2356200

Contribution (Sales-VC) 635491 741451 855682 867879

B.E.P in % 58.63% 52.07% 46.37% 46.76%

Break Even Sales in Rs. 1074371 1090628 1092651 1101812

Break Even Units 358 364 364 367

Current Ratio 6.05 2.17 1.87 1.52

PMEGP Project Report Page 7

 Net Profit Ratio 15.98% 18.18% 20.40% 20.39%

PMEGP Project Report Page 8

 This Project Report has been prepared based on the data furnished by the entrepreneur whose details are
given in the application.
Place :
Date:
Prepared by :
Full Name MAA
: TARA IRON & STEEL FABRICATION

Signature of the Beneficiary

PMEGP Project Report Page 9