denim jean stitching unit
TRANSCRIPT
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PURPOSE OF THE DOCUMENT
The objective of the pre-feasibility study is primarily to facilitate potentialentrepreneurs to facilitate investment and provide an overview about GarmentStitching Unit. The project pre-feasibility may form the basis of an important
investment decision and in order to serve this objective, the document covers variousaspects of the business concept development, start-up, production, marketing, and
finance and business management.
This particular pre-feasibility is regarding Garment Stitching Unit which comes
under Textile sector.
Prepared By:
Samadhan Associates Pvt Ltd
22, Greenwood apartments
Gokhle Marg
Lucknow 226001
PROJECT REPORT
DENIM JEANS STITCHING UNIT
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1. EXECUTIVE SUMMARY
The proposed Denim Jeans Stitching unit is a project of the Textile Sector,producing standard five pocket jeans trouser. The unit will cater to the local as wellas export denim market. The jeans produced will be of export, high quality fabric.Through the use of high-tech equipment and modern techniques the company can
produce jeans of latest trends without compromising on quality. The process flowincludes purchase of raw material, cutting, stitching, washing, finishing, pressingand packing. Quality control checks will be taken care of through out the process.
Indian denim market is on a high growth path with a rate of growth in the range of 8-12%.
However, the market is dominated by the non-branded players who take away the major
share of the denim market. The branded denim market is estimated to be around $450-
$500 million , and is dominated by some international labels though the local brands are
also getting prominent.
India has become denim hub in the region in less than a decade and is considered as
one of the leading supplier of quality denim fabric to the world's known brands.India's denim is second to none. There has been a phenomenal increase in theproduction capacity of denim mills in India and at present numerous denim mills arein operation. The denim industry is contributing substantially towards exportscreating job opportunities and has invested billions in the denim sector. The denimindustry is not only fully catering to the needs of the local apparel industry but isalso catering to the foreign market and earning valuable foreign exchange for thecountry.
This particular stitching unit is proposed to have an installed capacity for producing1000 denim jeans per day. The units initial capacity utilization is kept at 70%,which eventually goes up to 90% in the fifth year. A Denim Garment Stitching Unitwith an installed capacity to produce 1,000 pieces per day needs an investmentestimated at Rs.141.50 Lacs The project is financed through 50% debt and 50%equity. Projected IRR and Payback of this project are 71.11%, and 3.71 yearsrespectively. The legal business status of this project is proposed as SoleProprietorship.
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2. CRUCIAL FACTORS AND STEPS IN DECISION MAKING
2.1. Strengths
There is a ready made market for this product.
Relatively low labour costs Ample available work force. Well-situated industrial estate with all major facilities available.
2.2.Weaknesses
The requirement of credit and/or delay of payments from customer sidemight cause disturbance in the cash cycles.
Very small base of available skilled machinists. Lack of trained technicians and line / middle management. Uncertain investment climate
2.3.Opportunities
SEB/IndustrialEstates/clusters will provide uninterrupted electricity forindustrial consumers to lower the electricity cost of manufacturing.
Manufacturers-cum-exporters are allowed to import samples of each kind or
quality at zero duty rates.
2.4.Threats
Skilled operators in the denim garments are quite unorganized. Stitchingexpertise is not available at the best possible level. This restricts the industryto the basic garments and only limits the entry into the manufacturing of high
quality garments. Cost of doing business may increase as the energy, raw material prices,
wages and mark up rates may rise.
3. PROJECT PROFILE
3.1Opportunity Rationale
During the last decade, the usage of denim garments, especially denim jeans, hasbeen on a rise in the international as well as the local markets. This has led to a risein the demand of denim garments. The competitive edge of India in this field stems
from the ready availability of cotton yarn required to weave denim fabric i.e.
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During the past few years, the denim fabric manufacturing capacity has also beenenhanced that has provided the opportunity to industry to strengthen. The export of denimgarments from India has also been on a rise.
3.2.Project Brief
The proposed project presents an investment opportunity in manufacturing of denimjeans. The project profile has been prepared for a standard five pocket jeans trouser.The proposed stitching unit will be having the potential for its own manufacturingand supply for the local market as well as for the export market. However washingwill be outsourced.
3.3Proposed Capacity
The proposed capacity of the unit is 1000 garments per day.
3.4.Total Project Cost
The cost of project has been estimated as Rs.141.50 Lacs including machinery andoffice equipment.
Project Investment
Capital Investment Rs. 5,981,220
Working Capital Rs. 8,169,111
Total Investment Rs. 14,150,331
The proposed pre-feasibility is based on the assumption of 50% debt and 50%equity. However this composition of debt and equity can be changed as per the
requirement of the investor.The project seems to be viable with the following returns on investment.
3.4.Proposed Business Legal Status
The proposed legal structure of the business entity is either sole proprietorship orpartnership. Although selection totally depends upon the choice of the entrepreneurbut this financial feasibility is based on a Sole Proprietorship.
Project ReturnsInternal rate of return (project) 71.11%Net Present Value @ 20% Rs. 165,680,748Payback period based on cash inflows 3.71 years
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3.5Proposed Location
The proposed locations for a garment manufacturing unit will be suitable in a Textilecluster or textile Park developed by the state Government where necessaryinfrastructure facilities are available.
3.6.Key Success FactorsThe total commercial viability of this proposed stitching unit depends on the regularorders for the purchase of the finished product. This requires aggressive marketingefforts at the entrepreneur's end.
Following are other key points that are important for the successful operation of the
proposed stitching unit.
Surety of high consistent quality
Surety of on time delivery Competitive rates Cost efficiency Better services to the customer. Better communication development with customers
4. MARKET ANALYSIS
Major concentration of the denim garment stitching industry is in Mumbai
,Ahemdabad,Chennai, Newdelhi,Kolkata etc
The average production capacity of majority of small and medium sized jeansmanufacturing units is about 1,000 jeans per day. However, large size manufacturers
are producing as much as 30,000 jean trousers per day.
4.1.Domestic Market
Almost all the established manufacturers are catering solely to the export market.Only the B-Class products are sold in the domestic market. The size of themanufacturers, whose primary market is domestic, is quite small.
4.2.Target Customers
In case of direct exports, the customers are retail chain stores, direct distributors andwholesalers. The export can either be through buying houses and/or through direct
customers.
5. PRODUCTION PROCESS FLOW
The proposed business is stitching denim jeans. The process will involve purchasingof raw material from the market i.e. denim fabric, which will be put through theprocess. Washing of the fabric will be outsourced as washing in house requires aplant which is expensive and will greatly increase the project cost. Therefore, it is
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recommended that the proposed project should outsource washing. Washing cost per
piece is taken as Rs. 30. The production process flow is given in figure 8-1.
Process Flow Chart for Denim Garments Stitching Unit:
Denim Fabric Inspection Cutting StitchingRaw Material
Pressing Buttoning/ RivetingThreading Stone Washing (To
be outsourced)
____________Final Inspection/ |
Packing |-------------------
5.1.Raw Material
The proposed business will be using the raw material listed in the Table 8-1.
Table 8-1: Raw Material
Raw Material Consumption/ Piece
Rate
(Rs.)
Fabric (Metre) 1.30 200 / m
Pocket Lining (Metre) 0.2 100 / m
Stitching thread (Metre) 350 10/
piece
Imported buttons 1 3 / unit
4.5 YG Zip 1 15 / unit
Main label 1 5 / unit
Care and size label 1 2 / unit
Rewet per unit 6 9 / unit
Packing cost 1 15/
piece
5.2.Packing Cost
Packing cost includes one poly bag and one small carton for the packing of each
finished garment. Total cost of packing for one piece is taken as Rs. 15.
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6. HUMAN RESOURCE REQUIREMENTS
For a garment-stitching unit of 32 stitching machines, following manpower is
required:
Table : Manpower RequiredProduction Staff Number Salary/Month Annual Salary
Production Manager 1 50,000 600,000
Production Planning Officer 1 25,000 300,000
Pattern Master 1 25,000 300,000
Cutting Master 1 15,000 180,000
Cutting Helper 2 8,500 204,000
Final Table inspector 2 12,000 288,000
Finishing Supervisor 1 15,000 180,000
Rowing Inspector 1 12,000 144,000Machine Operator 40 9,000 4,320,000
Helper (machine operator) 2 7,500 180,000
Clippers 2 7,500 180,000
Iron Presser 1 10,000 120,000
Packing Staff 2 7,500 180,000
Store keeper 1 10,000 120,000
Total 58 7,296,000
Administration Staff Number Salary/Month Annual SalaryChief executive 1 75,000 900,000
Finance & Admin. Manager 1 50,000 600,000
Accounts officer 2 15,000 360,000
Marketing Manager 1 40,000 480,000
Merchandiser 1 25,000 300,000
Export Officer 1 25,000 300,000
Purchase Officer 1 20,000 240,000
Technician/Electrician 1 15,000 180,000
Security Guards 2 8,500 204,000Total 11 3,564,000
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7.MACHINERY AND EQUIPMENT DETAILS
7.1. Machinery List
Following combination of stitching machines is required for manufacturing 1,000denim jeans per day. Approximate prices for Japanese origin machinery are given
below:
Table : Stitching Machinery and Equipment
Machinery Quantity Unit cost (Rs.) Total cost (Rs.)
Cutting Machine 2 108,500 217,000
Lock Stitch (Single Needle) 15 28,500 427,500
Lock Stitch (Double Needle) 3 133,000 399,000
Safety Stitching Over lock 1 46,500 46,500
Safety Stitching Over lock 1 50,000 50,000
Feed Off Arm 2 40,500 81,000Bar Tracking 3 318,000 954,000
Waist Belt Machine 1 136,000 136,000
Eyelet Machine 1 1,055,000 1,055,000
Button Stitching Machine 1 320,000 320,000
Loop Making Machine 1 156,500 156,500
Snap Fastener 1 50,000 50,000
Total machinery cost 32 3,892,500
Other Equipment
Steam Boiler 1 138,320 138,320Other tools Lumpsum 25,000 25,000
Machine Installation and wiring 32 4,000 128,000
Total other equipment cost 291,320
Total Cost 4,183,820
7.2. Furniture and Equipment List
Furniture and Equipment requirement for the Administration and Factory building is
given in the table below:
Table : Furniture and Office Equipment
Furniture Quantity Cost/Unit (Rs.) Total Cost (Rs.)Table 9 10,000 90,000Chairs 18 3,000 54,000Shelves 6 10,000 60,000
Stools 13 800 10,400
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Machine Table 40 5,000
200,000Lay Table 12 10,000 120,000
Total 98 534,400EquipmentComputers 9 25,000 225,000Printer 1 15,000 15,000
UPS 9 7,500 67,500Networking 1 25,000 25,000Air conditioner 4 40,000 160,000Tele/Fax 1 15,000 15,000Total 24 507,500Total Cost 1,041,900
8.LAND & BUILDING
8.1. Land/Building Requirement
Approximately, 4,900 square feet of total covered area is required to establish theproposed stitching unit with a management building. The allocation of the spacerequirement is as follows:
Table: Space Requirements
Space Requirement Required area (sq. ft)
Fabric & Accessories inventory Store 1,000
Cutting Room 400
Stitching Room 1,250
Inspection Room 850
Packing Room 750
Finished Garment Store 850
Total factory area 5,100
Management Building 650
Total Area Required (sq. ft.) 5,750
8.2. Recommended Mode
It is recommended that this project should be started in a rented building. As theinitial capital cost of the project will be less. An appropriate premise is normally
available in many commercial/industrial areas/ clusters.
Table: Building Rent
Rent cost Monthly rent (Rs.) Annual rent (Rs.)
Estimated Building rent 150,000 1,800,000
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8.3.. Utilities Requirements
It is assumed that the following utilities will already be available at the proposed
building to be rented out:
Electricity
Water Gas Telephone Fax
9.PROJECT ECONOMICSTable : Project CostsProject Costs
Machinery & equipment
Furniture & fixtures/Equipment
Pre-operating costs
Total Capital Costs
Stocks- Raw Material
Equipment spare part inventory
Upfront for building rental
Upfront insurance payment
Cash
Total Working CapitalTotal Investment in the Project
Table : Financing Plan
Total (Rs.)
4,183,820
1,041,900755,500
5,981,220
3,951,360
2,092
1,800,000
261,286
2,154,373
8,169,111
14,150,331
Equity 50% 7,075,165
Debt 50% 7,075,165
Total 14,150,330
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10.FINANCIAL ANALYSIS
10.1. Projected Income Statement
PROJECTED INCOME STATEMENT
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9
Year
10Sales 107,054,171 125,510,319 148,040,625 173,022,480 201,520,300 221,672,330 243,839,563 268,223,519 295,045,871 324,55Cost of goods sold
79,027,200 88,905,600 99,574,272 111,087,547 129,384,320 142,322,752 156,555,027 172,210,529 189,431,582 208,37Raw Material
Washing Cost
(OUTSOURCED) 6,174,000 6,945,750 7,779,240 8,678,715 9,648,689 10,131,123 10,637,679 11,169,563 11,728,041 12,31Freight Charges 790,272 889,056 995,743 1,110,875 1,293,843 1,423,228 1,565,550 1,722,105 1,894,316 2,08Payroll (Production Staff) 7,296,000 8,025,600 8,828,160 9,710,976 10,682,074 11,750,281 12,925,309 14,217,840 15,639,624 17,20Machine Maintenance 209,191 219,651 230,633 242,165 254,273 266,987 280,336 294,353 309,070 324Direct Electricity 1,641,543 1,805,697 1,986,267 2,184,893 2,403,383 2,643,721 2,908,093 3,198,902 3,518,793 3,87Total 95,138,206 106,791,354 119,394,315 133,015,171 153,666,581 168,538,091 184,871,994 202,813,293 222,521,427 244,17Gross Profit 11,915,965 18,718,965 28,646,310 40,007,308 47,853,719 53,134,239 58,967,569 65,410,226 72,524,445 80,37Operating Expenses
3,564,000 3,920,400 4,312,440 4,743,684 5,218,052 5,739,858 6,313,843 6,945,228 7,639,751 8,40Payroll (Admin)
Fixed electricity 882,000 970,200 1,067,220 1,173,942 1,291,336 1,420,470 1,562,517 1,718,768 1,890,645 2,07
Insurance expense 261,286 235,157 209,029 182,900 156,772 130,643 104,514 78,386 52,257 2Office Expense
(Stationary,Entertainment,etc) 712,800 784,080 862,488 948,737 1,043,610 1,147,972 1,262,769 1,389,046 1,527,950 1,68Administrative & FactoryOverheads 802,906 972,705 1,188,026 1,440,845 1,745,216 2,000,875 2,299,139 2,647,847 3,056,372 3,53Other expenses 60,000 66,000 72,600 79,860 87,846 96,631 106,294 116,923 128,615 14Amortization (Pre-operational Expenses) 151,100 151,100 151,100 151,100 151,100Depreciation 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522Total 6,956,664 7,622,214 8,385,475 9,243,640 10,216,505 11,059,020 12,171,648 13,418,770 14,818,162 16,39Operating Profit 4,959,301 11,096,751 20,260,835 30,763,669 37,637,214 42,075,219 46,795,920 51,991,457 57,706,282 63,98Non-operating ExpensesFinancial Charges on
Long-term Loan 1,132,026 967,419 776,475 554,979 298,044 0 0 0 0
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Financial Charges on
Short-Term Loan 0 1,013,997 678,673 0 0 0 0 0 0 Building Rentel 1,800,000 1,980,000 2,178,000 2,395,800 2,635,380 2,898,918 3,188,810 3,507,691 3,858,460 4,24Total 2,932,026 3,961,416 3,633,148 2,950,779 2,933,424 2,898,918 3,188,810 3,507,691 3,858,460 4,24Profit Before Tax 2,027,274 7,135,335 16,627,687 27,812,890 34,703,790 39,176,301 43,607,111 48,483,766 53,847,823 59,744Tax 506,819 1,783,834 4,156,922 6,953,222 8,675,948 9,794,075 10,901,778 12,120,941 13,461,956 14,93Profit After Tax 1,520,456 5,351,501 12,470,765 20,859,667 26,027,843 29,382,226 32,705,333 36,362,824 40,385,867 44,80
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10.2. Projected Balance Sheet
PROJECTED BALANCE SHEET
Const.
Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9
Ye
Current Assets
Cash 2,154,373 2,154,373 2,154,373 6,040,009 22,300,710 43,901,477 71,166,496 101,488,037 135,173,827 172,560,094 225,Stocks and Inventory 3,951,360 4,445,280 4,978,714 5,554,377 6,469,216 7,116,138 7,827,751 8,610,526 9,471,579 10,418,737 Receivable 0 16,058,126 18,826,548 22,206,094 25,953,372 30,228,045 33,250,850 36,575,934 40,233,528 44,256,881 48,
Equipment and sparepart inventory 2,092 2,197 2,306 2,422 2,543 2,670 2,803 2,944 3,091 3,245 Pre-paid insurnace
payment 261,286 235,157 209,029 182,900 156,772 130,643 104,514 78,386 52,257 26,129 Pre-paid building rent 1,800,000 1,980,000 2,178,000 2,395,800 2,635,380 2,898,918 3,188,810 3,507,691 3,858,460 4,244,306 4,Total 8,169,111 24,875,132 28,348,969 36,381,602 57,517,993 84,277,891 115,541,224 150,263,518 188,792,742 231,509,392 278,Gross Fixed Assets 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,Less: Accumulateddepreciation 0 522,572 1,045,144 1,567,716 2,090,288 2,612,860 3,135,432 3,658,004 4,180,576 4,703,148 5,
Net Fixed Assets 5,225,720 4,703,148 4,180,576 3,658,004 3,135,432 2,612,860 2,090,288 1,567,716 1,045,144 522,572 Intangible Assets
Pre-operationalExpenses 755,500 604,400 453,300 302,200 151,100 0Total 755,500 604,400 453,300 302,200 151,100 0 0 0 0 0 Total Assets 14,150,331 30,182,680 32,982,845 40,341,806 60,804,525 86,890,751 117,631,512 151,831,234 189,837,886 232,031,964 278,
Current LiabilitiesRunning Finance 0 7,242,833 4,847,668 0 0 0 0 0 0 0 Accounts payable 8,297,856 9,335,088 10,455,299 11,664,192 13,585,354 14,943,889 16,438,278 18,082,106 19,890,316 21,Total 0 15,540,689 14,182,756 10,455,299 11,664,192 13,585,354 14,943,889 16,438,278 18,082,106 19,890,316 21,Long-term liabilities
Long-term Loan 7,075,165 6,046,370 4,852,967 3,468,620 1,862,777 0 0 0 0 0 Total 7,075,165 6,046,370 4,852,967 3,468,620 1,862,777 0 0 0 0 0 Equity
Paid-up Capital 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,Retained Earnings 0 1,520,456 6,871,957 19,342,722 40,202,389 66,230,232 95,612,458 128,317,791 164,680,615 205,066,482 249,Total 7,075,165 8,595,621 13,947,122 26,417,887 47,277,555 73,305,397 102,687,623 135,392,956 171,755,780 212,141,647 256,Total Liabilities And
Equity 14,150,331 30,182,680 32,982,845 40,341,806 60,804,525 86,890,751 117,631,512 151,831,234 189,837,886 232,031,964 278,
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10.3. Projected Cash Flow Statement
PROJECTED CASH FLOW STATEMENT
Rs`000'
Const. Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year
Operating activities
Net profit 1,520,456 5,351,501 12,470,765 20,859,667 26,027,843 29,382,226 32,705,333 36,362,824 40,385,867 44Amortization (Pre-operational Expenses) 151,100 151,100 151,100 151,100 151,100 0 0 0 0Depreciation 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522,572Up-front insurance payment (261,286) 26,129 26,129 26,129 26,129 26,129 26,129 26,129 26,129 26,129Equipment and spare partinventory (2,092) (105) (110) (115) (121) (127) (133) (140) (147) (155)Accounts receivable (16,058,126) (2,768,422) (3,379,546) (3,747,278) (4,274,673) (3,022,805) (3,325,085) (3,657,593) (4,023,353) (4,4Stocks-RM (3,951,360) (493,920) (533,434) (575,664) (914,839) (646,922) (711,614) (782,775) (861,053) (947,158) 10Accounts payable 8,297,856 1,037,232 1,120,211 1,208,894 1,921,161 1,358,535 1,494,389 1,643,828 1,808,211 1,Cash provided byoperations (4,214,738) (6,034,038) 3,786,568 10,335,451 18,106,124 23,727,082 27,554,910 30,640,422 34,036,560 37,772,113 53Financing acivities
Long term debt principalrepayment (1,028,795) (1,193,403) (1,384,347) (1,605,843) (1,862,777) 0 0 0 0Add: buliding rent expense 1,800,000 1,980,000 2,178,000 2,395,800 2,635,380 2,898,918 3,188,810 3,507,691 3,858,460 4,
Building rent payment (1,800,000) (1,980,000) (2,178,000) (2,395,800) (2,635,380) (2,898,918) (3,188,810) (3,507,691) (3,858,460) (4,244,306) (4,6Adition to debt 7,075,165Issuance of share 7,075,165Running FinanceRepayment (7,242,833) (4,847,668) 0 0 0 0 0 0Cash provided by/ (usedfor) financin 12,350,331 (1,208,795) (8,634,236) (6,449,815) (1,845,423) (2,126,315) (289,892) (318,881) (350,769) (385,846) (4Total 8,135,593 (7,242,833) (4,847,668) 3,885,637 16,260,701 21,600,767 27,265,018 30,321,541 33,685,791 37,386,267 52Investing activities
Capital expenditure (5,981,220)Cash (used for)/ provided
by invetsin (5,981,220)Cash balance broughtforward 0 2,154,373 2,154,373 2,154,373 6,040,009 22,300,710 43,901,477 71,166,496 101,488,037 135,173,827 172
Net Cash 2,154,373 (5,088,461) (2,693,295) 6,040,009 22,300,710 43,901,477 71,166,496 101,488,037 135,173,827 172,560,094 225
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11.KEY ASSUMPTIONS
Machinery Assumptions
Number of Machines Installed
Installed capacity
Initial year capacity utilizationMaximum capacity utilization
Capacity utilization growth rate
Defective garment rate (of total finished garments)
Total Production per day
Operating Assumptions
32
100%
70%90%
5%
2%
1000
Shifts operational per day1
Hours operational per shift
8Days operational per year300
Economy-Related AssumptionsElectricity growth rate 10%Wage growth rate 10%
Cash Flow Assumptions
Accounts Receivable cycle (in days) 45
Accounts payable cycle (in days) 30
Raw material inventory (in days) 15
Equipment spare part inventory (in days) 30
Raw Material Assumptions
Raw material cost growth rate (Year 1-4) 5%
Raw material cost growth rate (Year 5-10) 10%
Washing cost Rs. 30
Washing cost growth rate 5%
Revenue Assumptions
Defected garment sales price Rs. 150
Sales Price growth rate 10%
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Expense Assumptions
Administrative overhead (% of Sales) 1%
Office expenses (stationery, entertainment etc) 20% of admin expense
Freight expense 1% of raw material
Machine maintenance (per month) 5% of machinery costMachine maintenance growth rate 5%
Pre-paid building Rent (months) 12
Pre-paid insurance (months) 12
Admin and Factory overhead 0.75% of revenue
Insurance rate (% of net fixed assets) 5%
Spare part inventory 0.05% of machine cost
Rent growth rate 10%
Tax rate 30.90%
Financial AssumptionsProject life (years) 10
Debt 50%
Equity 50%
Interest rate on long-term debt 14.50%
Interest rate on short term debt 14.00%
Debt tenure (years) 5
Debt payments per year 1
Discount rate (weighted avg. cost of capital for NPV) 20%
ANNEXURE 1: RAWMATERIAL& MACHINERYSUPPLIERS
MACHINERYSUPPLIERS
1Om Sai Suneet Overseas
Mr. Suneet Kumar (Business Director)
B-167, Ground Floor, Karampura, New Moti Nagar
Delhi - 110015, India
2.Nido Machineries Pvt. Ltd.
311, Wadala Udyog Bhavan Naigaum Cross Road, Wadala,
Mumbai- 400031, Maharashtra
3.Gabbar Industries Private Limited
Plot No. 3606, 1, Krishna Industrial Estate, Vatva G.I.D.C., Phase- 4 ,
Ahmedabad- 380001, Gujarat
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4.Macro Agencies Private Limited
No - 38- A 2, Doddanakundi, Industrial Area, Whitefield Road, Mahadevapura,
Bengaluru- 560048, Karnatakawww.macroagencies.in
5.M/s. Erhardt Leimer India Ltd.
43, Dr. V. B Gandhi Road,
Mumbai-23
6.M/s. Eastern Engineering Co.
Jeevan Udyog, II Floor,
278, Dr. D. N. Road,
Fort, Mumbai
9. M/s. Srirang Equipment
RAWMATERIALSUPPLIERS
M/s. Rajeswari Textiles LimitedRaja Street, NH Road,
Kalbadevi Market, Mumbai
2. M/s. Mettur Beardsell Limited
Bombay Mutual Building, III Floor,
NSC, Bose Road,
Chennai-600 001
3. M/s. Vardhaman Threads
Mahavir Spg. Mills Ltd.,
Chandigarh Road,
Ludhiana-141 0114. M/s. K. G. Denims Limited
Narsihamaicken Palayam,
MTP Road, Coimbatore
5. M/s. Aravind Clothing Mills Ltd.
Ahmedabad.