Business Plan - Auto Rickshaw

2010 2010 2011 2011 2011 2011

November December January February March April
Month No. 1 2 3 4 5 6
No. Of Days 30 31 31 28 31 30
Days Lost 5 5 5 5 5 5
Effective No. of Days 25 26 26 23 26 25

No. of Shifts Per Day 2 2 2 2 2 2

Rate Per Shift 130 130 130 130 130 130
Total Amount Per Day/Per Rickshaw 260 260 260 260 260 260

Total No. of Rickshaw 1 1 1 1 1 1

Total Amount Per Day 260 260 260 260 260 260

Cash Inflow - Per Month 6500 6760 6760 5980 6760 6500

Assumptions
1) 260Rs Per Day Per Rickshaw will be realised for next 5 Years. Generally Rent Per Day decrease with the age of Auto Rick
2) According to talk with Gagan (An Auto Rickshaw Driver) Rent for 24 Hours is 150 Rs. Hence Assumption of Realizing Rs 2
3) On Road Cost of Auto Rickshaw is Assumed to be 175000. According to Mr. Gagan on road price of Auto Rickshaw is 135
4) Discount Rate is 15%
5) Permit is generally for 5 Years. Hence all the calculation are based on the assumption that we will run the assest for 5 ye
6) Rate of Interest on Bank Loan is Assumed to be 10%, Realistic Assumption
 2011 2011 2011 2011 2011 2011 2011 2011 2012 2012
May June July August September October November December January February
7 8 9 10 11 12 13 14 15 16
31 30 31 31 30 31 30 31 31 28
5 5 5 5 5 5 5 5 5 5
26 25 26 26 25 26 25 26 26 23

2 2 2 2 2 2 2 2 2 2
130 130 130 130 130 130 130 130 130 130
260 260 260 260 260 260 260 260 260 260

1 1 1 1 1 1 1 1 1 1

260 260 260 260 260 260 260 260 260 260

6760 6500 6760 6760 6500 6760 6500 6760 6760 5980

with the age of Auto Rickshaw.

umption of Realizing Rs 260 Per Day Per Rickshaw is too optimistic
e of Auto Rickshaw is 135000 Rs. Max (including Permit). Hence taking More Capex expenditure is too pessimistic Assumption

will run the assest for 5 years.

 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 2013
March April May June July August September October November December January
17 18 19 20 21 22 23 24 25 26 27
31 30 31 30 31 31 30 31 30 31 31
5 5 5 5 5 5 5 5 5 5 5
26 25 26 25 26 26 25 26 25 26 26

2 2 2 2 2 2 2 2 2 2 2
130 130 130 130 130 130 130 130 130 130 130
260 260 260 260 260 260 260 260 260 260 260

1 1 1 1 1 1 1 1 1 1 1

260 260 260 260 260 260 260 260 260 260 260

6760 6500 6760 6500 6760 6760 6500 6760 6500 6760 6760

ssimistic Assumption
 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013
February March April May June July August September October November December
28 29 30 31 32 33 34 35 36 37 38
28 31 30 31 30 31 31 30 31 30 31
5 5 5 5 5 5 5 5 5 5 5
23 26 25 26 25 26 26 25 26 25 26

2 2 2 2 2 2 2 2 2 2 2
130 130 130 130 130 130 130 130 130 130 130
260 260 260 260 260 260 260 260 260 260 260

1 1 1 1 1 1 1 1 1 1 1

260 260 260 260 260 260 260 260 260 260 260

5980 6760 6500 6760 6500 6760 6760 6500 6760 6500 6760
 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014
January February March April May June July August SeptemberOctober NovemberDecember
39 40 41 42 43 44 45 46 47 48 49 50
31 28 31 30 31 30 31 31 30 31 30 31
5 5 5 5 5 5 5 5 5 5 5 5
26 23 26 25 26 25 26 26 25 26 25 26

2 2 2 2 2 2 2 2 2 2 2 2
130 130 130 130 130 130 130 130 130 130 130 130
260 260 260 260 260 260 260 260 260 260 260 260

1 1 1 1 1 1 1 1 1 1 1 1

260 260 260 260 260 260 260 260 260 260 260 260

6760 5980 6760 6500 6760 6500 6760 6760 6500 6760 6500 6760
 2015 2015 2015 2015 2015 2015 2015 2015 2015 2015
January February March April May June July August SeptemberOctober
51 52 53 54 55 56 57 58 59 60
31 28 31 30 31 30 31 31 30 31
5 5 5 5 5 5 5 5 5 5
26 23 26 25 26 25 26 26 25 26

2 2 2 2 2 2 2 2 2 2
130 130 130 130 130 130 130 130 130 130
260 260 260 260 260 260 260 260 260 260

1 1 1 1 1 1 1 1 1 1

260 260 260 260 260 260 260 260 260 260

6760 5980 6760 6500 6760 6500 6760 6760 6500 6760
CAPEX & LOAN REPAYMENT SCHEDULE

Total On Road Cost of Auto Rickshaw 2010 November 1

2010 December 2
No. of Auto Rickshaw 1 2011 January 3
On Road Cost Per Auto Rickshaw 175000 2011 February 4
Down Payment 75000 2011 March 5
Bank Loan 100000 2011 April 6
2011 May 7
2011 June 8
2011 July 9
2011 August 10
2011 September 11
2011 October 12
2011 November 13
2011 December 14
2012 January 15
2012 February 16
2012 March 17
2012 April 18
2012 May 19
2012 June 20
2012 July 21
2012 August 22
2012 September 23
2012 October 24
2012 November 25
2012 December 26
2013 January 27
2013 February 28
2013 March 29
2013 April 30
2013 May 31
2013 June 32
2013 July 33
2013 August 34
2013 September 35
2013 October 36
2013 November 37
2013 December 38
2014 January 39
2014 February 40
2014 March 41
2014 April 42
2014 May 43
2014 June 44
2014 July 45
2014 August 46
2014 September 47
2014 October 48
2014 November 49
2014 December 50
2015 January 51
2015 February 52
2015 March 53
2015 April 54
2015 May 55
2015 June 56
2015 July 57
2015 August 58
2015 September 59
2015 October 60
Opening Loan Balance EMI Interest Loan Repaid Closing Loan Balance
100000 2125 833 1291 98709
98709 2125 823 1302 97407
97407 2125 812 1313 96094
96094 2125 801 1324 94770
94770 2125 790 1335 93435
93435 2125 779 1346 92089
92089 2125 767 1357 90731
90731 2125 756 1369 89363
89363 2125 745 1380 87983
87983 2125 733 1392 86591
86591 2125 722 1403 85188
85188 2125 710 1415 83773
83773 2125 698 1427 82347
82347 2125 686 1438 80908
80908 2125 674 1450 79458
79458 2125 662 1463 77995
77995 2125 650 1475 76520
76520 2125 638 1487 75033
75033 2125 625 1499 73534
73534 2125 613 1512 72022
72022 2125 600 1525 70498
70498 2125 587 1537 68960
68960 2125 575 1550 67410
67410 2125 562 1563 65847
65847 2125 549 1576 64271
64271 2125 536 1589 62682
62682 2125 522 1602 61080
61080 2125 509 1616 59464
59464 2125 496 1629 57835
57835 2125 482 1643 56192
56192 2125 468 1656 54536
54536 2125 454 1670 52866
52866 2125 441 1684 51181
51181 2125 427 1698 49483
49483 2125 412 1712 47771
47771 2125 398 1727 46044
46044 2125 384 1741 44303
44303 2125 369 1756 42548
42548 2125 355 1770 40778
40778 2125 340 1785 38993
38993 2125 325 1800 37193
37193 2125 310 1815 35378
35378 2125 295 1830 33548
33548 2125 280 1845 31703
31703 2125 264 1861 29843
29843 2125 249 1876 27967
27967 2125 233 1892 26075
26075 2125 217 1907 24168
24168 2125 201 1923 22244
22244 2125 185 1939 20305
20305 2125 169 1955 18350
18350 2125 153 1972 16378
16378 2125 136 1988 14390
14390 2125 120 2005 12385
12385 2125 103 2021 10363
10363 2125 86 2038 8325
8325 2125 69 2055 6270
6270 2125 52 2072 4197
4197 2125 35 2090 2107
2107 2125 18 2107 0
PRESENT VALUE CALCULATION

2010 2010 2011 2011 2011

NovemberDecember January February March
TIME 0 1 2 3 4 5
Capex (X) -75000

Cash Inflow - Per Month 6500 6760 6760 5980 6760

Asset Sold
Total Cash Inflow (A) 6500 6760 6760 5980 6760

Cash Outflow 2125 2125 2125 2125 2125

Maintenance cost 1000 1000 1000 1000 1000

Total Cash Outflow(B) 3125 3125 3125 3125 3125

Net Surplus (A-B) -75000 3375 3635 3635 2855 3635

Discounting Factor 1.0125 1.02515625 1.037971 1.050945 1.064082

Present Value 3333.63 3546.0935833 3502.315 2716.887 3416.372

Total PVof Net Surplus (Y) 165331.8

NPV (Y-X) 90331.82

IRR 54%
 2011 2011 2011 2011 2011 2011 2011 2011 2011
April May June July August September October November December
6 7 8 9 10 11 12 13 14

6500 6760 6500 6760 6760 6500 6760 6500 6760

6500 6760 6500 6760 6760 6500 6760 6500 6760

2125 2125 2125 2125 2125 2125 2125 2125 2125

1000 1000 1000 1000 1000 1000 1000 1000 1000

3125 3125 3125 3125 3125 3125 3125 3125 3125

3375 3635 3375 3635 3635 3375 3635 3375 3635

1.077383 1.09085 1.104486 1.118292 1.132271 1.146424215 1.160755 1.1752639492 1.1899547486

3132.869 3332.537 3055.991 3250.76 3210.628 2944.1981038 3131.842 2871.9505966 3054.9901199

 2012 2012 2012 2012 2012 2012 2012 2012 2012
January February March April May June July August September
15 16 17 18 19 20 21 22 23

6760 5980 6760 6500 6760 6500 6760 6760 6500

6760 5980 6760 6500 6760 6500 6760 6760 6500

2125 2125 2125 2125 2125 2125 2125 2125 2125

1000 1000 1000 1000 1000 1000 1000 1000 1000

3125 3125 3125 3125 3125 3125 3125 3125 3125

3635 2855 3635 3375 3635 3375 3635 3635 3375

1.204829 1.21989 1.235138 1.250577 1.26621 1.282037 1.298063 1.314288 1.3307170868

3017.274 2340.622 2943.233 2698.993 2871.01 2632.763 2800.558 2765.983 2536.4519877

 2012 2012 2012 2013 2013 2013 2013 2013 2013
October NovemberDecember January February March April May June
24 25 26 27 28 29 30 31 32

6760 6500 6760 6760 5980 6760 6500 6760 6500

6760 6500 6760 6760 5980 6760 6500 6760 6500

2125 2125 2125 2125 2125 2125 2125 2125 2125

1000 1000 1000 1000 1000 1000 1000 1000 1000

3125 3125 3125 3125 3125 3125 3125 3125 3125

3635 3375 3635 3635 2855 3635 3375 3635 3375

1.3473510504 1.364193 1.3812453503 1.398511 1.415992 1.433692 1.451613 1.469759 1.488131

2698.1090035 2474.21 2631.9002625 2599.408 2016.466 2535.621 2325.206 2473.399 2268.148

 2013 2013 2013 2013 2013 2013 2014 2014 2014
July August September October November December January February March
33 34 35 36 37 38 39 40 41

6760 6760 6500 6760 6500 6760 6760 5980 6760

6760 6760 6500 6760 6500 6760 6760 5980 6760

2125 2125 2125 2125 2125 2125 2125 2125 2125

1000 1000 1000 1000 1000 1000 1000 1000 1000

3125 3125 3125 3125 3125 3125 3125 3125 3125

3635 3635 3375 3635 3375 3635 3635 2855 3635

1.506732 1.525566 1.5446358703 1.563944 1.5834931165 1.6032867804 1.623328 1.643619 1.664165

2412.705 2382.918 2185.175202 2324.444 2131.5533139 2267.4047116 2239.412 1737.203 2184.459

 2014 2014 2014 2014 2014 2014 2014 2014 2014
April May June July August September October November December
42 43 44 45 46 47 48 49 50

6500 6760 6500 6760 6760 6500 6760 6500 6760

6500 6760 6500 6760 6760 6500 6760 6500 6760

2125 2125 2125 2125 2125 2125 2125 2125 2125

1000 1000 1000 1000 1000 1000 1000 1000 1000

3125 3125 3125 3125 3125 3125 3125 3125 3125

3375 3635 3375 3635 3635 3375 3635 3375 3635

1.684967 1.706029 1.727354 1.748946 1.770808 1.7929430647 1.815355 1.8380467887 1.8610223736

2003.185 2130.855 1954.029 2078.566 2052.905 1882.54723 2002.529 1836.3515122 1953.3886597

 2015 2015 2015 2015 2015 2015 2015 2015 2015 2015
January February March April May June July August September October
51 52 53 54 55 56 57 58 59 60

6760 5980 6760 6500 6760 6500 6760 6760 6500 6760
40000
6760 5980 6760 6500 6760 6500 6760 6760 6500 46760

2125 2125 2125 2125 2125 2125 2125 2125 2125 2125
1000 1000 1000 1000 1000 1000 1000 1000 1000 1000

3125 3125 3125 3125 3125 3125 3125 3125 3125 3125

3635 2855 3635 3375 3635 3375 3635 3635 3375 43635

1.884285 1.907839 1.931687 1.955833 1.980281 2.005034 2.030097 2.055473 2.0811667624 2.107181

1929.273 1496.615 1881.93 1725.761 1835.75 1683.413 1790.702 1768.595 1621.8306293 20707.9
 2010 2010 2011 2011 2011
NovemberDecember January February March
Month No./Time Period 0 1 2 3 4 5
No. Of Days 30 31 31 28 31
Rent Per Day 150 150 150 150 150
Rent Per Month 4500 4650 4650 4200 4650

Cash Inflow 4500 4650 4650 4200 4650

Cash Outflow 3227 3227 3227 3227 3227

Net Surplus 1273 1423 1423 973 1423

Capex -50000
Deposit 20000
Capex & Net Surplus -30000 1273 1423 1423 973 1423

IRR 34%

48078
 2011 2011 2011 2011 2011 2011 2011 2011 2011
April May June July August September October November December
6 7 8 9 10 11 12 13 14
30 31 30 31 31 30 31 30 31
150 150 150 150 150 150 150 150 150
4500 4650 4500 4650 4650 4500 4650 4500 4650

4500 4650 4500 4650 4650 4500 4650 4500 4650

3227 3227 3227 3227 3227 3227 3227 3227 3227

1273 1423 1273 1423 1423 1273 1423 1273 1423

1273 1423 1273 1423 1423 1273 1423 1273 1423

 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012
January February March April May June July August SeptemberOctober
15 16 17 18 19 20 21 22 23 24
31 28 31 30 31 30 31 31 30 31
150 150 150 150 150 150 150 150 150 150
4650 4200 4650 4500 4650 4500 4650 4650 4500 4650

4650 4200 4650 4500 4650 4500 4650 4650 4500 4650

3227 3227 3227 3227 3227 3227 3227 3227 3227 3227

1423 973 1423 1273 1423 1273 1423 1423 1273 1423

1423 973 1423 1273 1423 1273 1423 1423 1273 1423
 2012 2012 2013 2013 2013 2013 2013 2013 2013 2013
NovemberDecember January February March April May June July August
25 26 27 28 29 30 31 32 33 34
30 31 31 28 31 30 31 30 31 31
150 150 150 150 150 150 150 150 150 150
4500 4650 4650 4200 4650 4500 4650 4500 4650 4650

4500 4650 4650 4200 4650 4500 4650 4500 4650 4650

3227 3227 3227 3227 3227 3227 3227 3227 3227 3227

1273 1423 1423 973 1423 1273 1423 1273 1423 1423

1273 1423 1423 973 1423 1273 1423 1273 1423 1423
 2013 2013
SeptemberOctober
35 36
30 31
150 150
4500 4650

4500 4650

3227 3227

1273 1423

1273 1423
CAPEX & LOAN REPAYMENT SCHEDULE

Total On Road Cost of Auto Rickshaw 2010 November 1

2010 December 2
No. of Auto Rickshaw 1 2011 January 3
On Road Cost Per Auto Rickshaw 150000 2011 February 4
Down Payment 50000 2011 March 5
Bank Loan 100000 2011 April 6
2011 May 7
2011 June 8
EMI Rs. 3,226.72 2011 July 9
2011 August 10
2011 September 11
2011 October 12
2011 November 13
2011 December 14
2012 January 15
2012 February 16
2012 March 17
2012 April 18
2012 May 19
2012 June 20
2012 July 21
2012 August 22
2012 September 23
2012 October 24
2012 November 25
2012 December 26
2013 January 27
2013 February 28
2013 March 29
2013 April 30
2013 May 31
2013 June 32
2013 July 33
2013 August 34
2013 September 35
2013 October 36
Opening Loan Balance EMI Interest Loan Repaid Closing Loan Balance
100000 3227 833 2393 97607
97607 3227 813 2413 95193
95193 3227 793 2433 92760
92760 3227 773 2454 90306
90306 3227 753 2474 87832
87832 3227 732 2495 85337
85337 3227 711 2516 82822
82822 3227 690 2537 80285
80285 3227 669 2558 77727
77727 3227 648 2579 75148
75148 3227 626 2600 72548
72548 3227 605 2622 69926
69926 3227 583 2644 67282
67282 3227 561 2666 64616
64616 3227 538 2688 61927
61927 3227 516 2711 59217
59217 3227 493 2733 56484
56484 3227 471 2756 53728
53728 3227 448 2779 50949
50949 3227 425 2802 48146
48146 3227 401 2825 45321
45321 3227 378 2849 42472
42472 3227 354 2873 39599
39599 3227 330 2897 36702
36702 3227 306 2921 33781
33781 3227 282 2945 30836
30836 3227 257 2970 27867
27867 3227 232 2994 24872
24872 3227 207 3019 21853
21853 3227 182 3045 18808
18808 3227 157 3070 15738
15738 3227 131 3096 12642
12642 3227 105 3121 9521
9521 3227 79 3147 6374
6374 3227 53 3174 3200
3200 3227 27 3200 0
 2010 2010 2011 2011 2011 2011
November December January February March April
Month No./Time Period 0 1 2 3 4 5 6
Capex & Net Surplus -30000 1273 1423 1423 973 1423 1273

-50000
15500
4500 4650 4650 4200 4650 4500 4650
3227 3227 3227 3227 3227 3227
Cash Inflow & Outflow -30000 1423 1423 973 1423 1273 1423
43588
IIR 2.41%
35 34 33 32 31 30
2.3013507507 2.247193 2.194311 2.142672 2.092249 2.043012

Interest From Cash Flow 1852.188163 1775.107 1162.4 1626.344 1390.74 1484.5
2.3013507507 2.247193 2.194311 2.142672 2.092249 2.043012
804.82654043 789.9218 529.7336 759.026 664.7106 726.6231
PV of Interest 15391.880872

Cash Inflow & Outflow -30000 1423.2812806 1423.281 973.2813 1423.281 1273.281 1423.281

1.0241 1.048781 1.074056 1.099941 1.12645 1.153597

PV 1389.7874042 1357.082 906.1733 1293.961 1130.349 1233.777

Total PV 29982.120528

Grand Total 45374.0014

 2011 2011 2011 2011 2011 2011 2011 2011 2012 2012
May June July August SeptemberOctober NovemberDecember January February
7 8 9 10 11 12 13 14 15 16
1423 1273 1423 1423 1273 1423 1273 1423 1423 973

4500 4650 4650 4500 4650 4500 4650 4650 4200 4650
3227 3227 3227 3227 3227 3227 3227 3227 3227 3227
1273 1423 1423 1273 1423 1273 1423 1423 973 1423

29 28 27 26 25 24 23 22 21 20
1.994934 1.947988 1.902146 1.857383 1.813674 1.770993 1.729316 1.68862 1.648882 1.61008

1266.831 1349.253 1284.008 1091.69 1158.087 981.6907 1038.022 980.1007 631.5451 868.3147
1.994934 1.947988 1.902146 1.857383 1.813674 1.770993 1.729316 1.68862 1.648882 1.61008
635.0241 692.6395 675.0311 587.757 638.5308 554.3166 600.25 580.415 383.014 539.2993

1273.281 1423.281 1423.281 1273.281 1423.281 1273.281 1423.281 1423.281 973.2813 1423.281

1.181399 1.209871 1.239028 1.268889 1.299469 1.330787 1.362858 1.395703 1.42934 1.463787

1077.774 1176.391 1148.707 1003.461 1095.279 956.7885 1044.335 1019.759 680.9306 972.3282
 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012
March April May June July August SeptemberOctober NovemberDecember
17 18 19 20 21 22 23 24 25 26
1423 1273 1423 1273 1423 1423 1273 1423 1273 1423

4500 4650 4500 4650 4650 4500 4650 4500 4650 4650
3227 3227 3227 3227 3227 3227 3227 3227 3227 3227
1273 1423 1273 1423 1423 1273 1423 1273 1423 1423

19 18 17 16 15 14 13 12 11 10
1.57219 1.535192 1.499064 1.463787 1.42934 1.395703 1.362858 1.330787 1.299469 1.268889

728.5585 761.7282 635.4491 660.0992 611.0713 503.8417 516.4497 421.1843 426.2291 382.7048
1.57219 1.535192 1.499064 1.463787 1.42934 1.395703 1.362858 1.330787 1.299469 1.268889
463.4037 496.1779 423.8972 450.9531 427.52 360.9948 378.9459 316.4928 328.0024 301.6062

1273.281 1423.281 1273.281 1423.281 1423.281 1273.281 1423.281 1273.281 1423.281 1423.281

1.499064 1.535192 1.57219 1.61008 1.648882 1.68862 1.729316 1.770993 1.813674 1.857383

849.3841 927.1033 809.8776 883.982 863.1794 754.0364 823.0312 718.9647 784.7505 766.283
 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013
January February March April May June July August SeptemberOctober
27 28 29 30 31 32 33 34 35 36
1423 973 1423 1273 1423 1273 1423 1423 1273 1423

4200 4650 4500 4650 4500 4650 4650 4500 4650

3227 3227 3227 3227 3227 3227 3227 3227 3227 3227
973 1423 1273 1423 1273 1423 1423 1273 1423 -3227

9 8 7 6 5 4 3 2 1 0
1.239028 1.209871 1.181399 1.153597 1.12645 1.099941 1.074056 1.048781 1.0241 1

232.642 298.7049 230.9718 218.612 161.0061 142.2444 105.4031 62.11169 34.30108 0

1.239028 1.209871 1.181399 1.153597 1.12645 1.099941 1.074056 1.048781 1.0241 1
187.7616 246.89 195.5071 189.5046 142.9324 129.32 98.13556 59.22276 33.49388 0

973.2813 1423.281 1273.281 1423.281 1273.281 1423.281 1423.281 1273.281 1423.281 -3226.719

1.902146 1.947988 1.994934 2.043012 2.092249 2.142672 2.194311 2.247193 2.301351 2.356813

511.6753 730.6418 638.2572 696.6582 608.5707 664.2553 648.6235 566.6096 618.4547 -1369.102