Académique Documents
Professionnel Documents
Culture Documents
ANNEXURE-I
PROJECT COST SUMMARY
COST OF PROJECT
Amount Amount
Particulars (Rs. In Lacs) (Rs. In Lacs)
Land -
Infrastructure Development
Power 50.00
Water 59.77 109.77
MEANS OF FINANCE
Amount Amount
Particulars (Rs. In Lacs) (Rs. In Lacs)
ANNEXURE-II
PROJECTED BALANCE SHEET
LIABLITIES
- - - - - - - -
Partners' Capital Account 606.22 693.67 828.18 1,013.31 1,244.69 1,518.49 1,831.41 2,221.30
Unsecured Loans 535.00 535.00 535.00 535.00 535.00 535.00 535.00 535.00
Secured Loans
i) Cash Credit from Bank - 550.00 550.00 550.00 550.00 550.00 550.00 550.00
ii) Term Loan From Bank 625.00 564.24 460.07 355.90 251.74 147.57 43.40 0.00
ii) MOFPI GRANT 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00
Sundry Creditors - 149.10 150.04 154.50 159.01 163.51 168.01 179.68
Other Current Liabilities - 6.43 6.81 7.05 7.30 7.55 7.80 7.97
ASSETS
Gross Block 2,012.22 2,012.22 2,012.22 2,012.22 2,012.22 2,012.22 2,012.22 2,012.22
Less: Depreciation - 275.59 512.46 716.16 891.43 1,042.33 1,172.32 1,284.35
Net Block 2,012.22 1,736.64 1,499.76 1,296.06 1,120.79 969.89 839.90 727.87
Capital Work in Progress - 240.00 330.00 510.00 690.00 940.00 1,220.00 1,570.00
Investments -
Current Assets
Inventory - 468.63 485.41 499.98 515.11 529.24 544.47 598.48
Sundry Debtors - 247.59 400.80 481.58 566.36 582.32 598.30 637.14
Cash & Bank Balance 179.00 245.59 269.12 298.15 340.47 400.66 432.95 460.46
Other current assets
Deposits - - - - - -
Non Current Assets
Preliminary Expences 75.00 60.00 45.00 30.00 15.00 - - -
Current Assets
Inventory 468.63 485.41 499.98 515.11 529.24 544.47 598.48
Sundry Debtors 247.59 400.80 481.58 566.36 582.32 598.30 637.14
Cash & Bank Balance 245.59 269.12 298.15 340.47 400.66 432.95 460.46
Other Current Assets - - - - - - -
Deposits - - - - - - -
Total Current Assets 961.81 1,155.33 1,279.71 1,421.94 1,512.23 1,575.72 1,696.07
Current Liabilities
Sundry Creditors 149.10 150.04 154.50 159.01 163.51 168.01 179.68
Expenses Payable 6.43 6.81 7.05 7.30 7.55 7.80 7.97
Working Capital Loan 550.00 550.00 550.00 550.00 550.00 550.00 550.00
Total Current Liabilities 705.54 706.85 711.56 716.30 721.06 725.81 737.64
Net Working Capital 256.27 448.48 568.16 705.64 791.17 849.91 958.43
Current Ratio 1.36 1.63 1.80 1.99 2.10 2.17 2.30
ANNEXURE-III
PROFITABILITY STATEMENT
INCOME
Sales 9,474.14 10,008.93 10,307.92 10,606.36 10,906.35 11,204.25 11,941.00
EXPENDITURE
Opening Stock of Raw Material - 225.47 234.87 242.07 249.26 256.46 263.66
Add: Purchase of Raw Material 9,035.71 9,092.41 9,362.99 9,635.77 9,908.54 10,181.32 10,888.31
Less: Closing Stock of Raw Material 225.47 234.87 242.07 249.26 256.46 263.66 298.90
Raw Material Consumed (B) 8,810.24 9,083.01 9,355.79 9,628.57 9,901.34 10,174.12 10,853.06
4
4 PREPARED BY ASKCA ASSOCIATES
Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
M/S SHRI SHIKHARJEE RICE OIL LLP
ANNEXURE-IV
CASH FLOW STATEMENT
SOURCES OF FUNDS
Profit after Tax - 87.45 134.50 185.14 231.38 273.80 312.92 389.89
- - - - - - - -
MOFPI GRANT 500.00
Increase in Partners' Capital 606.22 - - - - - - -
Increase in Unsecured Loan 535.00 - - - - - - -
Increase in Term Loan 625.00 - - - - - - -
Increase in Borrowings for Working Capital - 550.00 - - - - - -
Decrease in Current Assets - - - - - - - -
Decrease in Investments - - - - - - - -
Increase in Current Liabilities - 155.54 1.31 4.71 4.75 4.75 4.76 11.83
Depreciation - 275.59 236.87 203.70 175.27 150.90 129.98 112.04
Preliminary expences 15.00 15.00 15.00 15.00 15.00
TOTAL (A) 2,266.22 1,083.57 387.69 408.55 426.40 444.45 447.66 513.76
APPLICATION OF FUNDS
Increase in Capital Expenditure 2,087.22 - - - - - - -
Decrease in Capital - - - - - - - -
Increase in Current Assets - 716.22 169.99 95.35 99.91 30.09 31.20 92.85
Decrease in Working Capital Loan - - - - - - - -
capital work in progress - 240.00 90.00 180.00 180.00 250.00 280.00 350.00
Decrease in Current Liabilities - - - - - - - -
Term Loan Repayment - 60.76 104.17 104.17 104.17 104.17 104.17 43.40
TOTAL (B) 2,087.22 1,016.99 364.16 379.52 384.08 384.26 415.37 486.25
Closing Balance (A-B) 179.00 245.59 269.12 298.15 340.47 400.66 432.95 460.46
ANNEXURE-V
DEBT SERVICE COVERAGE RATIO
Profit after Tax 87.45 134.50 185.14 231.38 273.80 312.92 444.56
Term loan Installment 60.76 104.17 104.17 104.17 104.17 104.17 43.40
Interest on Term Loan 76.23 64.56 51.54 38.52 25.50 12.48 1.36
Net Cash Paid (B) 136.99 168.73 155.71 142.69 129.67 116.64 44.76
Debt Service Coverage Ratio (A/B) 3.21 2.58 2.83 3.12 3.47 3.90 12.47
Variable Costs
Raw Materials 100% 8,810.24 9,083.01 9,355.79 9,628.57 9,901.34 10,174.12
Selling exp. 100% 36.33 38.93 40.10 41.26 42.42 43.59
Labour 75% 47.63 50.01 52.51 55.14 57.89 60.79
Power 75% 183.53 194.69 200.51 206.32 212.13 217.94
Repairs & Maintainance 75% 15.09 15.85 16.64 17.47 18.34 19.26
Salaries 75% 8.64 9.07 9.53 10.00 10.50 11.03
Office & Admn. Overheads 75% 10.20 10.71 11.25 11.81 12.40 13.02
Variation in Closing Stock (243.16) (7.38) (7.37) (7.93) (6.93) (8.03)
Total Variable Cost (B) 8,868.50 9,394.90 9,678.94 9,962.63 10,248.10 10,531.71
Contribution (C) (A-B) 605.64 614.03 628.98 643.73 658.25 672.54
P.V.R. (D) (C/A) 6.39% 6.13% 6.10% 6.07% 6.04% 6.00%
Fixed Costs
Labour 25% 15.88 16.67 17.50 18.38 19.30 20.26
Power 25% 61.18 64.90 66.84 68.77 70.71 72.65
Repairs & Maintainance 25% 5.03 5.28 5.55 5.82 6.11 6.42
Salaries 25% 2.88 3.02 3.18 3.33 3.50 3.68
Office & Admn. Overheads 25% 3.40 3.57 3.75 3.94 4.13 4.34
Depreciation 100% 275.59 236.87 203.70 175.27 150.90 129.98
Interest on Term Loan 100% 76.23 64.56 51.54 38.52 25.50 12.48
Total Fixed Cost 440.17 394.88 352.05 314.04 280.15 249.81
Total Cash Fixed Cost 164.59 158.01 148.35 138.76 129.25 119.82
Cash Break Even As a percentage of sales 27.18% 25.73% 23.59% 21.56% 19.64% 17.82%
Annexure VII
INTERNAL RATE OF RETURN
Gross cash inflow 520.26 516.94 521.38 526.17 531.20 521.38 569.29
Add :Terminal Value of Project % 0.00 727.87
-2087.22 520.26 516.94 521.38 526.17 531.20 521.38 1297.15
IRR 20.17%
Gross cash inflow 378.04 386.38 403.84 421.65 439.70 442.90 501.93
Add : Inventory
Add :Terminal Value of Project % 0.00 727.87
-1641.22 378.04 386.38 403.84 421.65 439.70 442.90 1229.80
IRR 20.89%
CURRENT ASSETS
Raw Material
RICE BRAN 2 56.16 57.89 59.62 61.34 63.07 64.80 69.12
HUSK 5 2.63 2.71 2.79 2.88 2.96 3.04 3.24
HEXAINE 30 7.02 7.24 7.45 7.67 7.88 8.10 26.64
CRUDE OIL 5 145.76 150.25 154.73 159.22 163.70 168.19 179.40
PHOSPHORIC ACID 30 0.67 0.69 0.71 0.73 0.75 0.77 0.82
BLEACHING EARTH 30 5.43 5.60 5.76 5.93 6.10 6.26 6.68
SPARES & STORES 7.80 10.50 11.00 11.50 12.00 12.50 13.00
Total Stock of Raw Materials 225.47 234.87 242.07 249.26 256.46 263.66 298.90
Finished Goods
Edible Oil 3 51.21 52.52 53.83 55.80 57.12 59.09 63.02
Fatty Acid 5 10.12 10.56 11.00 11.44 11.44 11.88 12.76
Gum, Wax 5 0.16 0.16 0.17 0.17 0.18 0.18 0.19
DORB 14 181.68 187.30 192.92 198.43 204.05 209.66 223.60
Total Stock of Finished Goods 243.16 250.54 257.92 265.84 272.78 280.81 299.58
Sundry Debtors
DORB 100% 20 247.59 400.80 481.58 566.36 582.32 598.30 637.14
EDIBLE OIL 100% 10 168.32 175.19 180.43 185.64 190.89 196.10 209.11
Total Sundry Debtors 415.91 576.00 662.00 752.00 773.21 794.40 846.25
Gross Current Assets 884.54 1,061.41 1,161.99 1,267.11 1,302.45 1,338.86 1,444.72
CURRENT LIABILITIES
Sundry Creditors 100% 5 149.10 150.04 154.50 159.01 163.51 168.01 179.68
Creditors for Expenses 100% 5 6.43 6.81 7.05 7.30 7.55 7.80 7.97
Total Current Liabilities 155.54 156.85 161.56 166.30 171.06 175.81 187.64
Net Working Capital Required 729.00 904.56 1,000.43 1,100.80 1,131.40 1,163.05 1,257.08
Own Margin 179.00 354.56 450.43 550.80 581.40 613.05 707.08
Finance from Bank 550.00 550.00 550.00 550.00 550.00 550.00 550.00
9
Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
9 PREPARED BY ASKCA ASSOCIATES
M/S SHRI SHIKHARJEE RICE OIL LLP
ANNEXURE-IX
CALCULATION OF PRODUCTION
No. of Working Days per annum 303 303 303 303 303 303 303
INPUT Installed Capacity p.a. 72,720.00 72,720.00 72,720.00 72,720.00 72,720.00 72,720.00 72,720.00
RICE BRAN
Input In MTs (RICE BRAN) 47,268.00 48,722.40 50,176.80 51,631.20 53,085.60 54,540.00 58,176.00
`
Output
Crude Oil 20.00% 9453.60 9744.48 10035.36 10326.24 10617.12 10908.00 11635.20
De Oil Rice Bran (DORB) 80.00% 37814.40 38977.92 40141.44 41304.96 42468.48 43632.00 46540.80
No. of Working Days per annum 303 303 303 303 303 303 303
Installed Capacity p.a. 12,120.00 12,120.00 12,120.00 12,120.00 12,120.00 12,120.00 12,120.00
CRUDE OIL
Capacity Utilization 78% 80% 83% 85% 88% 90% 96%
Output
RICE BRAN EDIBLE OIL
EDIBLE OIL 83.00% 7846.49 8087.92 8329.35 8570.78 8812.21 9053.64 9657.22
FATTY ACID 15.00% 1418.04 1461.67 1505.30 1548.94 1592.57 1636.20 1745.28
GUM, WAX 2.00% 189.07 194.89 200.71 206.52 212.34 218.16 232.70
RiceBran (in MT) 47,268.00 48,722.40 50,176.80 51,631.20 53,085.60 54,540.00 58,176.00
Rate (in Rs. Per MT) 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00
Total Rice Bran Cost 8,508.24 8,770.03 9,031.82 9,293.62 9,555.41 9,817.20 10,471.68
HEXAINE(in litre)
Consumed during the process 118,170.00 121,806.00 125,442.00 129,078.00 132,714.00 136,350.00 145,440.00
To be kept in process always 30,000.00 - - - - - -
Total Hexaine required 148,170.00 121,806.00 125,442.00 129,078.00 132,714.00 136,350.00 145,440.00
Rate (in Rs. Per Litre) 60.00 60.00 60.00 60.00 60.00 60.00 60.00
Total Hexaine Cost 70.90 73.08 75.27 77.45 79.63 81.81 87.26
Total Husk Cost 159.53 164.44 169.35 174.26 179.16 184.07 196.34
Total Acid Cost 6.74 6.94 7.15 7.36 7.56 7.77 8.29
Total Bleaching Cost 54.83 56.52 58.21 59.89 61.58 63.27 67.48
SPARES & STORES 10.00 10.00 10.00 10.00 10.00 10.00 10.00
Mothly requirement 100,000.00 120,000.00 140,000.00 160,000.00 180,000.00 200,000.00 220,000.00
Total Spares & Stores 10.00 12.00 14.00 16.00 18.00 20.00 22.00
Total Raw Material Cost 8,810.24 9,083.01 9,355.79 9,628.57 9,901.34 10,174.12 10,853.06
11
11 PREPARED BY ASKCA ASSOCIATES
Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/)
M/S SHRI SHIKHARJEE RICE OIL LLP
ANNEXURE-X
CALCULATION OF SALES QUANTITY
EDIBLE OIL
Opening Stock - 78.00 80.00 82.00 85.00 87.00 90.00
Add: Production during the year 7,846.49 8,087.92 8,329.35 8,570.78 8,812.21 9,053.64 9,657.22
Less : Closing Stock 3 78.00 80.00 82.00 85.00 87.00 90.00 96.00
Sales Quantity (in MTs) 7,768.49 8,085.92 8,327.35 8,567.78 8,810.21 9,050.64 9,651.22
FATTY ACID
Opening Stock - 23.00 24.00 25.00 26.00 26.00 27.00
Add : Production 1,418.04 1,461.67 1,505.30 1,548.94 1,592.57 1,636.20 1,745.28
Less : Closing Stock 5 23.00 24.00 25.00 26.00 26.00 27.00 29.00
Sales Quantity (in MTs) 1,395.04 1,460.67 1,504.30 1,547.94 1,592.57 1,635.20 1,743.28
GUM, WAX
Opening Stock - 3.12 3.22 3.31 3.41 3.50 3.60
Add : Production 189.07 194.89 200.71 206.52 212.34 218.16 232.70
Less : Closing Stock 5 3.12 3.22 3.31 3.41 3.50 3.60 3.84
Sales Quantity (in MTs) 185.95 194.79 200.61 206.43 212.25 218.06 232.46
SALES REALIZATION
FATTY ACID
Net Selling Price Per MT (in Rs.) 44,000.00 44,000.00 44,000.00 44,000.00 44,000.00 44,000.00 44,000.00
Sales Quantity (in MTS) 1,395.04 1,460.67 1,504.30 1,547.94 1,592.57 1,635.20 1,743.28
Sales Realization (in Rs. Lacs) 613.82 642.70 661.89 681.09 700.73 719.49 767.04
GUM, WAX
Net Selling Price Per MT (in Rs.) 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
Sales Quantity (in MTS) 185.95 194.79 200.61 206.43 212.25 218.06 232.46
Sales Realization (in Rs. Lacs) 9.30 9.74 10.03 10.32 10.61 10.90 11.62
Total Sales Realization 9,474.14 10,008.93 10,307.92 10,606.36 10,906.35 11,204.25 11,941.00
ANNEXURE-XI
REPAYMENT OF TERM LOAN
NOTE : Interest during Implementation cum Moratorium Period will be served as &
then by Promoters from their other source income
ANNEXURE-XII
POWER REQUIRMENT FOR RICE BRAN REFINARY
ANNEXURE-XIII
DIRECT LABOUR & WAGES
SOLVENT
Solvent Incharge 1 20,000.00 2.40
Operator 2 15,000.00 3.60
Semiskilled Helper 3 10,000.00 3.60
REFINERY
Refinary Incharge 1 20,000.00 2.40
Operator 3 15,000.00 5.40
Semiskilled Helper 3 10,000.00 3.60
BOILER
Boiler Incharge 1 30,000.00 3.60
Operator 2 15,000.00
Semiskilled Helper 2 16,000.00 3.84
ANNEXURE-XIV
REPAIRS AND MAINTENANCE
ANNEXURE-XV
DEPRICIATION WORKING AS PER WDV METHOD
Opening WDV - - - - -
Additions in Year 0 - 415.19 1,487.26 109.77 2,012.22
Dep. In Year 0 - - - - -
WDV at the end of Year 0 - 415.19 1,487.26 109.77 2,012.22
Additions in Year 1 - - - - -
Add : Interest Capitalized - - - - -
Dep. In Year 2018-19 - 41.52 223.09 10.98 275.59
WDV at the end of Year 1 - 373.67 1,264.17 98.79 1,736.64
Additions in Year 2 - - - - -
Dep. In 2019-20 - 37.37 189.63 9.88 236.87
WDV at the end of Year 2 - 336.30 1,074.55 88.91 1,499.76
Additions in Year 3 - - - - -
Dep. In 2020-21 - 33.63 161.18 8.89 203.70
WDV at the end of Year 3 - 302.67 913.36 80.02 1,296.06
Additions in Year 4 - - - - -
Dep. In 2021-22 - 30.27 137.00 8.00 175.27
WDV at the end of Year 4 - 272.41 776.36 72.02 1,120.79
Additions in Year 5 - - - - -
Dep. In 2022-23 - 27.24 116.45 7.20 150.90
WDV at the end of Year 5 - 245.17 659.91 64.82 969.89
Additions in Year 6 - - - - -
Dep. In 2023-24 - 24.52 98.99 6.48 129.98
WDV at the end of Year 6 - 220.65 560.92 58.34 839.90
Additions in Year 7 - - - - -
Dep. In 2024-25 - 22.06 84.14 5.83 112.04
WDV at the end of Year 7 - 198.58 476.78 52.50 727.87
ANNEXURE-XVI
SALARIES
ANNEXURE-XVII
ADMINISTRATIVE EXPENSES
ANNEXURE-XVIII
SELLING EXPENSES
Total Packing Material Cost (in Rs.lacs) 36.33 38.93 40.10 41.26 42.42 43.59 46.43
Total Selling Expenses 36.33 38.93 40.10 41.26 42.42 43.59 46.43