layer bird project report for 40000 eggs per day

PROJECT REPORTPROJECT REPORTPROJECT REPORTPROJECT REPORT fffforororor

LAYERLAYERLAYERLAYER BIRD BIRD BIRD BIRD (40,000(40,000(40,000(40,000 nos.nos.nos.nos.))))

NNNAAAYYYAAAGGGAAARRRHHH AAAGGGRRROOO PPPRRROOOJJJEEECCCTTTSSS PPPvvvttt... LLLtttddd... (AT(AT(AT(AT---- KHOLA, KHANDAPADA, DIST KHOLA, KHANDAPADA, DIST KHOLA, KHANDAPADA, DIST KHOLA, KHANDAPADA, DIST –––– NAYAGARHNAYAGARHNAYAGARHNAYAGARH)

PROJECT CONSULTANTSPROJECT CONSULTANTSPROJECT CONSULTANTSPROJECT CONSULTANTS

Prime Consultants & Services Pvt. Ltd.Prime Consultants & Services Pvt. Ltd.Prime Consultants & Services Pvt. Ltd.Prime Consultants & Services Pvt. Ltd. Flat 3/A3, 3rd Floor, Lewis Plaza, Lewis Road,

B.J.B. Nagar, Bhubaneswar – 751 014 Phone : (0674) 2430582, Fax : (0674) 2430135,

Mobile : 9437014311, e-mail : [email protected] Bhubaneswar * Rourkela * Delhi

FOR

OF

AT - KHOLA, KHANDAPADA, DIST – NAYAGARH, ODISHA

PROJECT CONSULTANTS

Prime Consultants & Services Pvt. Ltd. Flat 3/A3, 3rd Floor, Lewis Plaza, Lewis Road,

B.J.B. Nagar, Bhubaneswar – 751 014 Phone : (0674) 2430582, Fax : (0674) 2430135,

Mobile : 9437014311, e-mail : [email protected]

Bhubaneswar * Rourkela * Delhi

0

DDDDKKKKSSSS

NAYAGARH AGRO FARM

( A Unit of Nayagarh Agro Projects (P) Ltd.)

INDEXINDEXINDEXINDEX

CHAPTER D E S C R I P T I O N PAGE NO.

1 HIGHLIGHTS OF THE PROPOSAL 1

2 HISTORY AND BACKGROUND 10

3 RESUME OF PROMOTERS 13

4 RESUME OF KEY PERSONS 17

5 INFRASTRUCTURE, INPUTS & ORGANISATION 20

6 LAYER FARMING 25

7 LAYER BREED BV300 40

8 MARKET & MARKETING STRATEGY 41

9 FINANCIAL & ECONOMIC EVALUATIONS 50

ANNEXURE

1 PROJECT COST & MEANS OF FINANCE

1.1 DETAILS OF BLOCK CAPITAL

1.2 PRELIMINARY & PRE-OPERATIVE EXPENSES

1.3 ASSESSMENT OF WORKING CAPITAL

2 PROJECTED COST OF PRODUCTION AND PROFITABILITY

2.1 ASSUMPTION FOR COMPUTATION OF PROFITABILITY

2.2 COMPUTATION OF SALARIES

2.3 INTEREST & REPAYMENT SCHEDULE

2.4 COMPUTATION OF DEPRECIATION

2.5 COMPUTATION OF INCOME TAX

2.6 FLOCK SCHEDULE

2.7 STATEMENT OF INCOME

2.8 RAW MATERIALS

2.9 VALUATION OF CLOSING STOCK

2.10 FEED SAMPLE FORMULAE & FEED COST

3 PROJECTED FUND FLOW STATEMENT

4 PROJECTED BALANCE SHEET

5 PROJECTED BREAK EVEN ANALYSIS

6 PROJECTED INTERNAL RATE OF RETURN (IRR)

7 PROJECTED SECURITY MARGIN & ASSET COVERAGE RATIO

8 PROJECTED DEBT SERVICE COVERAGE RATIO (DSCR)

9 & 10 PROJECTED SENSITIVE ANALYSES : DSCR

1

DDDDKKKKSSSS

NAYAGARH AGRO FARM


CHAPTER CHAPTER CHAPTER CHAPTER –––– 1111

HIGHLIGHTSHIGHLIGHTSHIGHLIGHTSHIGHLIGHTS OF OF OF OF THE THE THE THE PROPOSALPROPOSALPROPOSALPROPOSAL

1.1.1.1. NATURE OF INDUSTRYNATURE OF INDUSTRYNATURE OF INDUSTRYNATURE OF INDUSTRY : POULTRYPOULTRYPOULTRYPOULTRY (LAYER) (LAYER) (LAYER) (LAYER) FARMINGFARMINGFARMINGFARMING

2.2.2.2. NAME AND CONSTITUTIONNAME AND CONSTITUTIONNAME AND CONSTITUTIONNAME AND CONSTITUTION : NAYAGARH NAYAGARH NAYAGARH NAYAGARH AGRO AGRO AGRO AGRO PROJECTSPROJECTSPROJECTSPROJECTS PVT. LTD.PVT. LTD.PVT. LTD.PVT. LTD.

3.3.3.3. DATE OF DATE OF DATE OF DATE OF INCORPORATIONINCORPORATIONINCORPORATIONINCORPORATION : 20th August 2013

4.4.4.4. NATURE OF ACTIVITIESNATURE OF ACTIVITIESNATURE OF ACTIVITIESNATURE OF ACTIVITIES : Production of Eggs & Allied Agro Products

5.5.5.5. REGISTERED OFFICEREGISTERED OFFICEREGISTERED OFFICEREGISTERED OFFICE : Plot No. - 81, Goutam Vihar

Saradeipur, NH-203,

Dhauli Square,

Bhubaneswar – 751002, Odisha

Mobile: +91 9338774550

E-mail: [email protected]

Website: www.nappl.co.in

6.6.6.6. FARM FARM FARM FARM LOCATIONLOCATIONLOCATIONLOCATION : At : Khandapada NAC

Mouza : Khola, Khandapada

Nayagarha , Pin -752077

Odisha

7.7.7.7. FARM AREAFARM AREAFARM AREAFARM AREA : 4.42 Acres (17,887 Sq.mtr.)

8.8.8.8. LAYER BREEDLAYER BREEDLAYER BREEDLAYER BREED : B V 300

9.9.9.9. TOTAL BIRD CAPACITYTOTAL BIRD CAPACITYTOTAL BIRD CAPACITYTOTAL BIRD CAPACITY : Layer : 40,000 (10,000 X 4) (Four Sheds)

Grower : 10,204 X 1 (One Shed)

Chicks : 10,560 X 1 (One Shed)

TotalTotalTotalTotal : 60764: 60764: 60764: 60764 birdsbirdsbirdsbirds

10.10.10.10. EGGSEGGSEGGSEGGS PRODUCTIONPRODUCTIONPRODUCTIONPRODUCTION : 1,24,80,000 nos.

2

DDDDKKKKSSSS

NAYAGARH AGRO FARM


11.11.11.11. NAME OF NAME OF NAME OF NAME OF PROMOTER / PROMOTER / PROMOTER / PROMOTER / DIRECTORSDIRECTORSDIRECTORSDIRECTORS :

Name of DirectorsName of DirectorsName of DirectorsName of Directors QualificationQualificationQualificationQualification ResponsibilityResponsibilityResponsibilityResponsibility Work ExperienceWork ExperienceWork ExperienceWork Experience

Mrs. Madhumita

Panigrahi ((((Managing

Director))))

M.A. , L.L.B.

General

Management,

Finance

Managerial Experience of 6 years

in Industrial Sector and Proprietor

of M/S Shuvam EngineersM/S Shuvam EngineersM/S Shuvam EngineersM/S Shuvam Engineers for last

12 years.

Mrs. Babita Pradhan

(Director) Graduate HR & Administration Proprietor of M/S M.S Automobile M/S M.S Automobile M/S M.S Automobile M/S M.S Automobile

spare partsspare partsspare partsspare parts for last 3 years.

Mr. Prafulla Ku Bhoi

(Director) Graduate Stocks & Marketing Working as Eggs distributor for

last 20 years

Mr. Debasis Behera

(Director)

Graduate Production & Farm

Management

Work experience in agricultural

farming, dairy and poultry

farming for last 15 yrs.

12.12.12.12. MANAGERIAL KEY PERSONSMANAGERIAL KEY PERSONSMANAGERIAL KEY PERSONSMANAGERIAL KEY PERSONS :

Name of Key Name of Key Name of Key Name of Key PersonsPersonsPersonsPersons

Qualification Qualification Qualification Qualification ResponsibilityResponsibilityResponsibilityResponsibility Work ExperienceWork ExperienceWork ExperienceWork Experience

Dr. A.G RAO

(Retd. Professor)

BVSc, MVSc, PhD Technical

Consultant

32 year Experience as Department Department Department Department

Head of PathologyHead of PathologyHead of PathologyHead of Pathology

(Orissa Orissa Orissa Orissa Veterinary CollegeVeterinary CollegeVeterinary CollegeVeterinary College)

Presently Technical consultant for

i) Pasupati Pvt Ltd.

ii) Eastern Hatcheries

iii) Suguna Poultry Products Ltd.

3

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Name of Key Name of Key Name of Key Name of Key PersonsPersonsPersonsPersons

Qualification Qualification Qualification Qualification ResponsibilityResponsibilityResponsibilityResponsibility Work ExperienceWork ExperienceWork ExperienceWork Experience

Mr Rabinarayan

Pradhan

B.Sc, Diploma in

Telecommunication

Hardware and

Networking.

M.Sc in Agriculture

Engg.

Technical &

Production

Promoter of M/S M.S. InfoTechM/S M.S. InfoTechM/S M.S. InfoTechM/S M.S. InfoTech for

last 9 years.

Mr Manoranjan

Panda

Degree in Mechanical

Engineering

MBA ( Operational

Management)

PGDCMIS,PGDMM

Marketing &

Finance

Managerial Experience of 7 years in

Industrial Sector.

Promoter of M/S MRP Group of M/S MRP Group of M/S MRP Group of M/S MRP Group of

IndustriesIndustriesIndustriesIndustries for last 16 years.

Mr. Satya

Ranjan Pradhan

B.A. Utkal University

Certificate Course in

Poultry

Marketing Working as promoter of a poultry

farm for 15 years

Mr. Deepak Ku

Behera


Certificate Course in

Poultry

Production & Farm

Management

Working as Supervisor production,

farm management for last 16 year.

Mr. Birendra Ku

Sethi


P.G.D.C.A. Supervisor

Worked as an Admin assistant in Tata Tata Tata Tata

Consultancy LtdConsultancy LtdConsultancy LtdConsultancy Ltd. for 4 years.

Working at Supervisor in MEPMEPMEPMEP since 2

years.

4

DDDDKKKKSSSS

NAYAGARH AGRO FARM


13.13.13.13. ASSOCIATE CONCERN ::::

A.A.A.A. SUBHAM ENGINEERING

(Proprietor – Mrs. Madhumita Panigrahi)

Deals in Industrial and Heavy Engineering Spares

Address : Plot – 70, ‘D’ Brahmeswar Patna,

Tankapani Road, Khurda


Tel : +91 674 243956 (Rs. In Lacs)

B.B.B.B. M.S. AUTOMOBILES

(Proprietor – Mrs. Babita Pradhan)

Deals in automobile spare parts

Address: HIG -22, Phase -1,

Kolathia, HB Colony,

Khandagiri, Bhubaneswar (Rs. In Lacs)

YEARYEARYEARYEAR TURNOVERTURNOVERTURNOVERTURNOVER PROFITPROFITPROFITPROFIT NET WORTHNET WORTHNET WORTHNET WORTH

2010-11 (Audited) 105.19 4.35 20.07

2011-12 (Audited) 120.16 4.98 23.55

2012-13 (Audited) 132.16 5.51 27.07

2013-14 (Estimated) 145.20 6.07 31.32

2014-15 (Projected) 159.73 6.81 35.97

YEARYEARYEARYEAR TURNOVERTURNOVERTURNOVERTURNOVER PROFITPROFITPROFITPROFIT NET WORTHNET WORTHNET WORTHNET WORTH

2010-11 (Audited) 23.21 1.86 8.63

2011-12 (Audited) 29.78 2.40 10.54

2012-13 (Audited) 34.51 2.81 12.84

2013-14 (Estimated) 40.50 3.45 15.30

2014-15 (Projected) 48.20 4.02 19.10

5

DDDDKKKKSSSS

NAYAGARH AGRO FARM


14.14.14.14. INFRASTRUCTURE ::::

a. Land : 4.42 Acres (17,887 Sq.mtr.) of Agricultural Land taken

on long term lease from Mr. Manorajan Panda, General

Manager of the company for a period of 15 years.

b. Power : CESCO

c. Water : Suitable Ground water is available and adequate for the

Project.

d. Transport : The unit enjoys the proximity to the different modes of

transportation facilities.

15.15.15.15. MARKET :::: Eggs demand in our state is way ahead of the Eggs

produced. Now demand of eggs has increased through

introduction of Mid-Day-Meal Programme of Central

Govt. The management also has a “Marketing

Guarantee Certificate” from OPOLFEDOPOLFEDOPOLFEDOPOLFED (Orissa State

Poultry Products Co-operative Marketing Federation

Ltd.).

16.16.16.16. PROMOTERS AND

MANAGEMENT :::: The management of the unit is vested on the Board of

Directors of the company and the managerial key

persons hired by the company. The promoters are

dynamic with sufficient resources and having vast

business experience in their relevant fields. They are

capable enough to run the project smoothly and

profitably.

6

DDDDKKKKSSSS

NAYAGARH AGRO FARM


17.17.17.17. ADVANTAGES OFTHE PROJECT ::::

� The promoters are financially sound and are in a

position to meet their contribution to the project.

They have already acquired the land.

� In the primary sector, Agriculture provides about 100

to 120 days employment. Scanty land holding, land

fragmentation and seasonal Agriculture are not able

to provide full employment to the work-force which

in turn creates unemployment in disguise. Poultry

farming can be a viable option to overcome the issue.

� Poultry farming require less area with high return

than any other Animal Husbandry and Agriculture

activities.

� Land topography & soil fertility is never a criterion

for Poultry like Agriculture.

� Proven Technology and already in use successfully all

over the country.

� Easy and ready availability of input materials,

manpower and other infrastructure facilities like

Road and Power Source.

� Huge demand of eggs not only in our state but also in

other states. Ready market for the produced eggs.

7

DDDDKKKKSSSS

NAYAGARH AGRO FARM


18.18.18.18. PROJECT COSTPROJECT COSTPROJECT COSTPROJECT COST :::: Rs. 272.40Rs. 272.40Rs. 272.40Rs. 272.40 LakhsLakhsLakhsLakhs

19.19.19.19. MEANS OF FINANCEMEANS OF FINANCEMEANS OF FINANCEMEANS OF FINANCE ::::

Promoters’ Contribution : Rs. 97.40 Lakhs

Term Loan from Bank : Rs. 175.00 Lacs

20.20.20.20. WORKING CAPITALWORKING CAPITALWORKING CAPITALWORKING CAPITAL : Rs.142.11 Lakhs REQUIREMENTREQUIREMENTREQUIREMENTREQUIREMENT

21.21.21.21. WORKING CAPITALWORKING CAPITALWORKING CAPITALWORKING CAPITAL : Rs. 104.00 Lakhs LIMIT FROM BANKLIMIT FROM BANKLIMIT FROM BANKLIMIT FROM BANK

22.22.22.22. FINANCIAL INDICATORSFINANCIAL INDICATORSFINANCIAL INDICATORSFINANCIAL INDICATORS ::::

Promoters’ Contribution : 35.76 %

Debt Equity Ratio : 1.80 : 1

DSCR : 2.02

Break-Even-Point : 75.23% of Projected Sales (In First Year)

20.11% of Capacity Sales (In First Year)

IRR : 16%

PAYBACK PERIOD : 5 YEARS

23.23.23.23. MANPOWER REQUIREMENTMANPOWER REQUIREMENTMANPOWER REQUIREMENTMANPOWER REQUIREMENT ::::

Technical : 3

Administrative : 2

Security Guard : 2

Skilled Workers : 10 -----

TotalTotalTotalTotal : 17

2014

(Projected)

11.23

2014

(Projected)

24.24.24.24. TURNOVER

NAYAGARH AGRO

( A Unit of Nayagarh Agro Projects (P) Ltd.

2014-15

(Projected)

2015-16

(Projected)

2016-17

(Projected)

2017 - 18

(Projected)

2018 - 19

(Projected)

11.23

35.65

41.02 42.9145.29

PROFIT

2014-15

(Projected)

2015-16

(Projected)

2016-17

(Projected)

2017 - 18

(Projected)

2018 - 19

(Projected)

125.42

452.55 469.06 469.06 469.06

TURNOVER

:

YEARYEARYEARYEAR TURNOVERTURNOVERTURNOVERTURNOVER

2014-15 (Projected) 125.42

2015-16 (Projected) 452.55

2016-17 (Projected) 469.06

2017 - 18 (Projected) 469.06

2018 - 19 (Projected) 469.06

8

DDDDKKKKSSSS

GRO FARM


19

(Projected)

45.29

19

(Projected)

469.06

(Rs. In Lacs)

TURNOVERTURNOVERTURNOVERTURNOVER PROFITPROFITPROFITPROFIT

125.42 11.23

452.55 35.65

469.06 41.02

469.06 42.91

469.06 45.29

9

DDDDKKKKSSSS

NAYAGARH AGRO FARM


The unit has estimated to achieve a turnover of Rs.125.42 lacs in the year 2014-15 and Rs.

452.55 lacs in the year 2015-16. In order to achieve the estimated turnover, the unit requires

Cash Credit Limit of Rs.104.00 lacs and Term Loan of Rs. 175.00 lacs.

25.25.25.25. MAJOREMAJOREMAJOREMAJORE CUSTOMERCUSTOMERCUSTOMERCUSTOMER : Orissa State Poultry Products CoOrissa State Poultry Products CoOrissa State Poultry Products CoOrissa State Poultry Products Co----operative operative operative operative

Marketing Federation Ltd. (OPOLFED)Marketing Federation Ltd. (OPOLFED)Marketing Federation Ltd. (OPOLFED)Marketing Federation Ltd. (OPOLFED)

A GOVT. OF ODISHA ORGANISATION

LAXMISAGAR, BHUBANESWAR – 751006

PH. NO : +91 674 2570286/3267411

WEBSITE: WWW.OPOLFED.COM

E-MAIL: [email protected]

26.26.26.26. MAJORE SUPPLIERSMAJORE SUPPLIERSMAJORE SUPPLIERSMAJORE SUPPLIERS : Eastern Hatcheries Pvt. Ltd.,Eastern Hatcheries Pvt. Ltd.,Eastern Hatcheries Pvt. Ltd.,Eastern Hatcheries Pvt. Ltd.,

(SUPPLIER OF CHICKS)

N-4/F-39, IRC VILLAGE,

BHUIBANESWAR – 751015

Pasupati FeedsPasupati FeedsPasupati FeedsPasupati Feeds

C-95, NEW INDUSTRIAL ESTATE, JAGATPUR,

CUTTACK, ORISSA 754021

PHONE: (0671) 2490714

[email protected]

27.27.27.27. PROJECT (TECHNICAL) : Likhita Group of ILikhita Group of ILikhita Group of ILikhita Group of Industriesndustriesndustriesndustries

CONSULTANT (SUPPLIER OF CAGES)

PLOT NO: A-15,

GANDHINAGAR,

IDA KUKATPALLY HYDERABAD -37,

ANDHRA PRADESH, INDIA

Lakshmi Wire MeshLakshmi Wire MeshLakshmi Wire MeshLakshmi Wire Mesh

(SUPPLIER OF FEED MACHINARY, WIRE & CAGES)

BERHAMPUR – 7, NIYATI VIHAR

JAGANNATH JUNCTION,

DIST : GANGAM, ODISHA

10

DDDDKKKKSSSS

NAYAGARH AGRO FARM


CHAPTER CHAPTER CHAPTER CHAPTER ---- 2222

HISTORY & BACKGROUNDHISTORY & BACKGROUNDHISTORY & BACKGROUNDHISTORY & BACKGROUND

1.1.1.1. Background :Background :Background :Background :

Poultry Plays important role in

India as egg and meat are rich source of

proteins, vitamins and minerals. Egg not

only is the rich but also the cheapest

source of energy, vitamins, proteins and

minerals. In last two decades poultry

has made tremendous strides

particularly in the private sector with

the result that India is now self sufficient with regard to requirement of high quality

breeding, stocks, modern poultry equipment, availability of medicines and vaccines and

technically skilled manpower. With the annual growth of 7-8% in the egg industry, India

stands 3rd in the world with the annual production of 63 billion eggs approximately.

Having a per capita egg consumption of 52 eggs, India still stands much below the figures

recommended by The National Committee of Human Nutrition (per capita egg

consumption of 180 eggs). With the growing demand and consumption, poultry industry

is having a good future waiting for it.

11

DDDDKKKKSSSS

NAYAGARH AGRO FARM


With rapid growth in population providing food security has taken the Govt. as

well as planners in a quandary. The availability of land being limited, increased

production in Agriculture front has become a matter of concern for every Government. It

cannot be gainsaid that, Agriculture production alone can meet the demand of human

population. In this context production through Poultry sector has become centre stage as a

means of alternative source of protein.

Total poultry population(Laying) 22 crores approx.

Total Egg Production 17 crores approx.

Employment provided 5 millions approx.

Per capita egg consumption 52 eggs approx.

Per capita meat consumption 2.5 KGS approx.

Per capita world egg consumption 124 eggs approx.

Per capita world meat consumption 5.9 KGS approx.

Value of poultry industry 75000 crores approx.

Broiler Production 2.8 Million Tonnes approx.

2.2.2.2. ScopeScopeScopeScope

Poultry and Poultry products constitute an important component of human diet in

most of the developing countries of the world. This consumption is also increasing at a

rapid rate due to low fat content, easy availability & cost effectiveness.

Poultry is the least cost alternative only next to fish & produces more of animal

protein from the same amount of feed compared to milch Cow, Sheep, Goat & Pig.

12

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Two eggs provide 160 calories of energy and more than 20% of the daily

requirement of proteins, Vit A, D & B12, Riboflabin, Folic acid, Pantothenic acid,

Phosphorus, Iodine along with fat.

According to Nutritional Advisory committee of India at least half an egg should be

made available to an average individual which workout to be 180 egg / annum.

Poultry farming require less area with high return than any other Animal

Husbandry and Agriculture activities.

Land topography & soil fertility is never a criterion for Poultry like Agriculture.

Poultry farming involves high grade sophisticated technology with higher

profitability for which younger generation prefer this activity as their occupation than any

other Agriculture & Allied activities.

In the primary sector, Agriculture provides about 100 to 120 days employment to

the rural poor. Scanty land holding, land fragmentation and seasonal Agriculture are not

able to provide full employment to the work-force which in turn creates unemployment in

disguise. Poultry farming can be a viable option for rural poor to overcome the issue.

13

DDDDKKKKSSSS

NAYAGARH AGRO FARM



RESUME RESUME RESUME RESUME OFOFOFOF PROMOTERSPROMOTERSPROMOTERSPROMOTERS

The promoters of the unit are highly experienced in business administration and also

financially sound. He is capable enough to run the unit smoothly and there experience make

the unit run in the track of profitability. Brief bio data of the promoter is given below:

Mrs. Mrs. Mrs. Mrs. Madhumita Madhumita Madhumita Madhumita Panigrahi Panigrahi Panigrahi Panigrahi (Managing Director)

a. Name : Mrs. Madhumita Panigrahi Mrs. Madhumita Panigrahi Mrs. Madhumita Panigrahi Mrs. Madhumita Panigrahi

b. Father’s Name : Sri Radha Ramana Panigrahi

c. Date of Birth : 12/02/1975 (38 Years)

d. PAN No : APSPP2345C

e. Gender : Female

f. Address (Permanent) : 70D, Bramheswar Patana


Present Address : Plot No. - 81,

Saradeipur, NH-203

Dhauli Square,


Mobile: +91 9338774540

g. Educational Qualification : M.A. ,

L.L.B.

h. Work Experience : Managerial Experience of 6 years in Industrial Sector.

Promoter of M/S Shuvam EngineersM/S Shuvam EngineersM/S Shuvam EngineersM/S Shuvam Engineers for last 12 years.

i. Annual Income (in Rs.) : 5 lacs

14

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Mrs. Mrs. Mrs. Mrs. BabitaBabitaBabitaBabita PradhanPradhanPradhanPradhan (Director)(Director)(Director)(Director)

a. Name : Mrs. Babita PradhanMrs. Babita PradhanMrs. Babita PradhanMrs. Babita Pradhan

b. Father’s Name : Mr. Kalpataru Mallick


d. PAN No : BZZPP6758F

e. Gender : Female

f. Address (Permanent ) : Khakhara, PO: Govindpur

Kendrapara,Odisha

Phone No. – ++++91-8457875498

Email: [email protected]

Present Address : HIG22, Phase-1,

Kolathia Housing Board Colony, Khandagiri

Khorda, Odisha

Mobile No: +91-9337326990

g. Educational Qualification : Bachelor in Arts (Utkal University)

h. Work Experience : Promoter of M/S M.S Automobile M/S M.S Automobile M/S M.S Automobile M/S M.S Automobile (Deals in (Deals in (Deals in (Deals in SpareSpareSpareSpare

PartsPartsPartsParts)))) for last 3 years .


15

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Mr.Mr.Mr.Mr. Prafulla Prafulla Prafulla Prafulla KumarKumarKumarKumar BhoiBhoiBhoiBhoi (Director)(Director)(Director)(Director)

a. Name : Mr. Mr. Mr. Mr. Prafulla Prafulla Prafulla Prafulla Kumar Kumar Kumar Kumar BhoiBhoiBhoiBhoi

b. Father’s Name : Mr. Bhaskar Bhoi


d. PAN No : BTMPB9311E

e. Gender : Male

f. Address (Permanent ) : Gyana Nagar, Huda Bhoi Sahi

Old town,Bhubaneswar – 751002

Khorda, Odisha

Mobile No: +91-9938839489

g. Educational Qualification : Graduate

h. Work Experience : Working as eggs distributor for last 20 years


16

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Mr. Mr. Mr. Mr. Debasis Debasis Debasis Debasis BeheraBeheraBeheraBehera (Director)(Director)(Director)(Director)

a. Name : Mr. Debasis BeheraMr. Debasis BeheraMr. Debasis BeheraMr. Debasis Behera

b. Father’s Name : Mr. Purnachandra Behera

c. Age : 36 Years

d. Gender : Male

e. Address : Bijipur, Tamando

Khandagiri, Bhubaneswar

Khurda, Odisha

f. Educational Qualification : B.A

g. Work Experience : Work experience in agricultural farming, dairy and poultry

farming for last 15 yrs.

h. Annual Income (in Rs.) : 2 lacs .

17

DDDDKKKKSSSS

NAYAGARH AGRO FARM



RESUME RESUME RESUME RESUME OF OF OF OF KEY KEY KEY KEY PERSONSPERSONSPERSONSPERSONS

The Key Persons of the project are highly experienced in Poultry farming and also technically

sound in this field. They are capable enough to run the project smoothly and profitability. Brief

bio-data of the Key persons are given below:

Dr. A.G Dr. A.G Dr. A.G Dr. A.G . . . . RAORAORAORAO To work in a highly competitive organization, where I can exhibit my skills & achieve my

goals along with the organizational goals preferably in the field of Technical & production

consultant.

a. Name : Dr. A.G RAODr. A.G RAODr. A.G RAODr. A.G RAO (Retd. Professor)

b. Father’s Name : Mr. A. Appa Rao

c. Date of Birth : 15/06/1944

d. Gender : Male

e. Address (Permanent ) : 3/D1, Bishnupriya Apartment,

Jayadev Vihar, Bhubaneswar

Dist: Khurda, Orissa,

Mobile: 993754909


f. Educational Qualification : BVSc, MVSc, PhD

g. Work Experience : 32 year Experience in Department Head of Pathology

((((Orissa Veterinary CollegeOrissa Veterinary CollegeOrissa Veterinary CollegeOrissa Veterinary College, Reg No 987)

Technical consultant in

i) Pasupati Feeds Pvt. Ltd.

ii) Eastern Hatcheries

iii) Suguna Poultry Products Ltd.

h. Annual Income (in Rs.) : 5 lacs

18

DDDDKKKKSSSS

NAYAGARH AGRO FARM


MrMrMrMr RabinarayanRabinarayanRabinarayanRabinarayan PradhanPradhanPradhanPradhan

To use my analytical, conceptual and technical skills to strive towards excellence in a

constantly evolving and intellectually stimulating organization. He believe in completing

whatever he has been assigned and maintaining the highest possible standards of productivity,

quality and performance that is expected of me.

a. Name : Mr Rabinarayan PradhanMr Rabinarayan PradhanMr Rabinarayan PradhanMr Rabinarayan Pradhan

b. Father’s Name : Sri Bepra Charan Pradhan

c. Date of Birth : 20th June 1975 (39 Years)

d. PAN No : BGFPP6945R

e. Gender : Male

f. Address (Permanent ) : Khakhara, PO: Govindpur

Kendrapara,Odisha

Present Address : HIG22, Phase-1,

Kolathia Housing Board Colony, Khandagiri

Mobile No: +91-9337326990


g. Educational Qualification : M.Sc in Agricultural Engineering.

Bachelor in Science from Utkal University in 1993.

Diploma in Hardware Networking

+2 Sc. from kharasorta Mahavidyalaya in 1990.

H.S.C. from Godabarish high School in 1988.

h. Work Experience : Working as proprietor at M/S M.S. Info TechM/S M.S. Info TechM/S M.S. Info TechM/S M.S. Info Tech till continue


19

DDDDKKKKSSSS

NAYAGARH AGRO FARM


MrMrMrMr. . . . Manoranjan PandaManoranjan PandaManoranjan PandaManoranjan Panda

a. Name : Mr Manoranjan PandaMr Manoranjan PandaMr Manoranjan PandaMr Manoranjan Panda

b. Father’s Name : Sri Bhagaban Panda

c. Date of Birth : 15/08/1969(44 Years)

d. PAN No : AAQPP8244D

e. Gender : Male

f. Address (Permanent ) : Near Police Station

At/PO/Dist : Nayagarh

Pin : 752069, Odisha

Present Address : Saradeipur, NH -203

Bhubaneswar -751002

Odisha

Ph No: +91 9338774550

Email : [email protected]

g. Educational Qualification : Degree in Mechanical Engineering

MBA (Operational Management)

PGDCMIS, PGDMM

h. Work Experience : Managerial Experience of 7 years in Industrial Sector.

Work as promoter in M/S MRP Group of IndustriesM/S MRP Group of IndustriesM/S MRP Group of IndustriesM/S MRP Group of Industries for last

16 years.


20

DDDDKKKKSSSS

NAYAGARH AGRO FARM



INFRASTRUCTURE, INPUTS & ORGANISATIONINFRASTRUCTURE, INPUTS & ORGANISATIONINFRASTRUCTURE, INPUTS & ORGANISATIONINFRASTRUCTURE, INPUTS & ORGANISATION

Land AndLand AndLand AndLand And SiteSiteSiteSite DDDDevelopmentevelopmentevelopmentevelopment

The Promoters have 4.420 Acres of land situated at Mouza - Khola, Khandapada,

Dist. - Nayagarh, Odisha to set up the Layer farm of 40,000 birds capacity. The land is

sufficient for the proposed unit.

Infrastructure and other utility services are available, besides, cheap and abundant

semi-skilled and unskilled labours are available from nearby villages and skilled personnel

are already hired.

Infrastructure To be BuiltInfrastructure To be BuiltInfrastructure To be BuiltInfrastructure To be Built

The summary of the assessment of the infrastructure to be build at the site are

provided in below table:

No. Infrastructure Description

1 Layer Sheds � Four Sheds

� Each Shed of – 197’ * 38’ * (19’+4’)

� Total Area - 30,000 sq ft(appx)

� Total bird Capacity - 40,000

� ACC structure with pillar

21

DDDDKKKKSSSS

NAYAGARH AGRO FARM


No. Infrastructure Description

2 Grower Shed � One shed

� Size – 175’ * 38’ * (17’+4’)

� Total Area – 6650



3 Chick Shed � One shed

� Size – 138.5’ * 38’ * (16’+4’)

� Total Area – 5260sq ft



4 Feed Storage

Area

� One Structure

� Size – 67’ * 30’

� Total Area – 2000 sq ft

� Total feed capacity – 1,50,000 KG

� ACC structure

5 Egg Store room � One Structure

� Size - 50’ * 30’

� Area - 1500sq ft

� Egg Capacity - 1,50,000(5 days stock)

� ACC Structure

6 Office Room � Single Structure

� Size - 32’ * 25’

� Area - 800sq ft

� ACC structure

7 Labour Room � Single Structure

� Size - 160’ * 20’

� Area – 3200

� Accommodation Capacity – 16 Persons

� ACC Structure

(Typical Cross Section of Shed Structure)

NAYAGARH AGRO


(Typical Cross Section of Shed Structure)

22

DDDDKKKKSSSS

GRO FARM


23

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Plant AndPlant AndPlant AndPlant And MMMMachineryachineryachineryachinery

The requirements of plant and machinery have been properly estimated by the

organization on the basis of negotiations, quotations and discussions with the suppliers.

The rates considered are comparable to the prevailing market prices of the same. The total

cost of plant & machinery has been estimated at Rs. 21.51 lacs. And the details of which is

given below :

Utility/ Misc. Fixed AssetsUtility/ Misc. Fixed AssetsUtility/ Misc. Fixed AssetsUtility/ Misc. Fixed Assets

These include Electrical Installation, Furniture and Fixtures, Utility Assets like Deep

Litter Equipments and Cages, Weighing Machine, Telephone, Computers, and Equipment

etc. The total cost of Electrical Installation & Misc. fixed assets has been estimated at

Rs.67.79 lacs. The detail estimate of miscellaneous fixed assets is given in Annexure – 1.1D

Sl No.

Specification/ Suppliers

Quantity

Rate [Rs.]

Amount [Rs.]

1. Pump Set (2 Nos.) 2 30,000 60,000

2. Pipelines @ Rs. 6.20 per Bird 60,724 6.20 376,489

3. Overhead Tank - 2 Nos. 2 100,000 200,000

4. Feed Machineries 1 566,000 566,000

5. Sprinklers & Foggers@ Rs. 5.20 per Layer 60,724 5.20 315,765

6. D.G. Set (100 KVA) 1 500,000 500,000

7. Refrigerator 1 30,000 30,000

TOTALTOTALTOTALTOTAL 2,048,2542,048,2542,048,2542,048,254

Packing, Forwarding, Transportation, Insurance,

Loading-Unloading, Errection, Testing & Commissioning ( 5 % of above) 102413

2150667215066721506672150667

24

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Preliminary AndPreliminary AndPreliminary AndPreliminary And PrePrePrePre----Operative Operative Operative Operative ExpensesExpensesExpensesExpenses

The preliminary and pre-operative expenses include cost of project report,

Processing Charges, interest during construction, commissioning. These have been

estimated at Rs.9.12 lacs. The detail estimate of preliminary and pre-operative expenses is

given in Annexure – 1.2

OrganisationOrganisationOrganisationOrganisation

The promoter directors of the company are the key persons to organise and manage

the unit. They will look after the procurement of orders, finance and marketing part of

the business. However, the actual production will be done by the experienced and skilled

operators. The detailed list of manpower requirement is given in Annexure – 2.2.

25

DDDDKKKKSSSS

NAYAGARH AGRO FARM


CHAPTER CHAPTER CHAPTER CHAPTER –––– 6666

LAYER FARMINGLAYER FARMINGLAYER FARMINGLAYER FARMING

A. Principles of Poultry Husbandry

There are a number of requirements by which animals should be managed so that the

best performance is achieved in a way acceptable to those responsible for the care of the

animals and to the community generally. These requirements are the keys to good

management and may be used to test the management of a poultry enterprise in relation to

the standard of its management. These requirements are also called Principles.

The importance of each Principle changes with the situation and thus the emphasis

placed on each may alter from place to place and from time to time. This means that, while

the Principles do not change, the degree of emphasis and method of application may change.

Every facet of the poultry operation should be tested against the relevant principle(s).

The Principles of Poultry Husbandry are:

• The quality and class of stockThe quality and class of stockThe quality and class of stockThe quality and class of stock

If the enterprise is to be successful it is necessary to use stock known to be of good

quality and of the appropriate genotype for the commodity to be produced in the

management situation to be used. The obvious first decision is to choose an egg type

for egg production. However, having made that decision, it is then necessary to

analyse the management situation and market to select a genotype that suits the

management situation and/or produces a commodity suitable for that market. A good

26

DDDDKKKKSSSS

NAYAGARH AGRO FARM


example is that of brown eggshells. If the market requires eggs to have brown shells,

the genotype selected must be a brown shell layer. Another example would be to

choose a genotype best suited for use in a tropical environment. The manager must

know in detail the requirements of the situation and then select a genotype best suited

to that situation.

• Good hGood hGood hGood husbandryusbandryusbandryusbandry

The following are of major importance when considering the health, welfare and

husbandry requirements for a flock:

Confine the birds

Confining the birds provides a number of advantages:

Provides a degree of protection from predators

Reduces the labour costs in the management of the birds

Increases the number of birds that can be maintained by the same labour force

Reduces the costs of production

Better organisation of the stocking program

Better organisation management to suit the type and age of the birds housed

Importantly, the confinement of the birds at higher stocking densities has a number of

disadvantages also including:

Increases the risk of infectious disease passing from one bird to another

Increases the probability that undesirable behavioural changes may occur

Increases the probability of a significant drop in performance

Birds housed at very high densities can often attract adverse comments

27

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Protection from a harsh environment

A harsh environment is defined as one that is outside of the comfort range of the

birds. In this context high and low temperature, high humidity in some circumstances,

excessively strong wind, inadequate ventilation and/or air movement and high levels of

harmful air pollutants such as ammonia are examples of a harsh environment. Much effort is

made in designing and building poultry houses that will permit the regulation of the

environment to a significant degree.

It is the responsibility of those in charge, and responsible for, the day-to-day

management of the birds that the environment control systems are operated as efficiently as

possible. To this end, those responsible require a good knowledge of the different factors that

constitute the environment and how they interact with each other to produce the actual

conditions in the house and, more importantly, what can be done to improve the house

environment.

Welfare needs

A successful poultry house has to satisfy the welfare needs of the birds which vary

with the class, age and housing system. Failure to satisfy these needs will, in many cases,

result in lower performance from the birds. These needs include:

The provision of adequate floor space with enough headroom

The provision of good quality food with adequate feeding space

The provision of good quality water with adequate drinking space

The opportunity to associate with flock mates

The elimination of anything that may cause injury

The elimination of all sources of unnecessary harassment

28

DDDDKKKKSSSS

NAYAGARH AGRO FARM


The The The The maintenancemaintenancemaintenancemaintenance of good healthof good healthof good healthof good health

The presence of disease in the poultry flock is reflected by inferior performance. It

is essential that the flock is in good health to achieve their performance potential. There are

three elements of good health management of a poultry flock. These are:

I. The prevention of disease

II. The early recognition of disease

III. The early treatment of disease

Prevention of disease

Preventing the birds from disease is a much more economical way of health

management than waiting for the flock to become diseased before taking appropriate action.

There are a number of factors that are significant in disease prevention. These are:

1111. Application of a stringent farm quarantine program:

The isolation of the farm/sheds from all other poultry.

The control of vehicles and visitors.

The introduction of day old chickens only onto the farm.

The prevention of access to the sheds by all wild birds and all other animals

including vermin.

The provision of shower facilities and clean clothing for staff and visitors.

The control of the movement of staff and equipment around the farm.

2.2.2.2. The use of good hygiene practices::::

The provision of wash facilities for staff, essential visitors and vehicles prior to

entry.

29

DDDDKKKKSSSS

NAYAGARH AGRO FARM


The use of disinfectant foot baths at the entry to each shed.

The thorough cleaning and disinfection of all sheds between flocks.

Maintaining the flock in a good state of well being by good stockmanship,

nutrition and housing.

The use of a suitable vaccination program.

The use of a preventive medication program.

The use of monitoring procedures to keep a check on the disease organism

status of the farm, to check on the effectiveness of cleaning and sanitation

procedures and to test the immunity levels to certain diseases in the stock to

check the effectiveness of the vaccination program.

The early recognition of disease

Early recognition of disease is one of the first skills that should be learned by the

poultry flock manager. Frequent inspection of the flock to monitor for signs of sickness are

required. It is expected that inspection of all the birds is the first task performed each day, to

monitor for signs of ill health, injury and harassment. At the same time feeders, drinkers and

other equipment can be checked for serviceability. If a problem has developed since the last

inspection, appropriate action can be taken in a timely manner.

The early treatment of disease

If a disease should infect a flock, early treatment may mean the difference between

a mild outbreak and a more serious one. It is important that the correct treatment be used as

soon as possible. This can only be achieved when the correct diagnosis has been made at an

early stage. While there are times when appropriate treatment can be recommended as a

result of a field diagnosis i.e. a farm autopsy, it is best if all such diagnoses be supported by a

30

DDDDKKKKSSSS

NAYAGARH AGRO FARM


laboratory examination to confirm the field diagnosis as well as to ensure that other

conditions are not also involved. When treating stock, it is important that the treatment be

administered correctly and at the recommended concentration or dose rate. Always read the

instructions carefully and follow them. Most treatments should be administered under the

guidance of the regular flock veterinarian.

31

DDDDKKKKSSSS

NAYAGARH AGRO FARM


B. Nutrition

Diets may be formulated for each class of stock under various conditions of

management, environment and production level. The diet specification to be used to obtain

economic performance in any given situation will depend on factors such as:

1. The cost of the mixed diet

2. The commodity prices i.e. the income

3. The availability, price and quality of the different ingredients

Maximising production is not necessarily the most profitable strategy to use as the

additional cost required to provide the diet that will give maximum production may be

greater than the value of the increase in production gained. A lower quality diet, while

resulting in lower production may bring in greatest profit in the long term because of the

significantly lower feed costs. Also the food given to a flock must be appropriate for that class

of stock – good quality feed for one class of bird will quite likely be unsuitable for another.

The following are key aspects in relation to the provision of a quality diet:

1. The ingredients from which the diet is made must be of good quality.

2. The weighing or measuring of all ingredients must be accurate.

3. All of the specified ingredients must be included. If one e.g. a grain is unavailable, the diet

should be re-formulated. One ingredient is not usually a substitute for another without re-

formulation.

4. The micro-ingredients such as the amino acids, vitamins and other similar materials

should not be too old and should be stored in cool storage – many such ingredients lose

their potency over time, and particularly so at high temperatures.

32

DDDDKKKKSSSS

NAYAGARH AGRO FARM


5. Do not use mouldy ingredients – these should be discarded. Mould in poultry food may

contain toxins that may affect the birds.

6. Do not use food that is too old or has become mouldy. Storage facilities such as silos should

be cleaned frequently to prevent the accumulation of mouldy material.

The practice of good The practice of good The practice of good The practice of good stockperson shipstockperson shipstockperson shipstockperson ship

The term “stockperson ship” is difficult to define because it often means different

things to different people. However, “stockperson ship” may be defined as ‘the harmonious

interaction between the stock and the person responsible for their daily care’. There is no

doubt that some stock people are able to obtain much better performance than others, under

identical conditions. The basis of good stockperson ship is having a positive attitude and

knowledge of the needs and behaviour of the stock under different circumstances, of

management techniques and a willingness to spend time with the stock to be able to react to

any adverse situations as they develop to keep stress to a minimum. Having the right attitude

is also a very important element. The stockperson who spends as much time as possible with

the stock from day old onwards by moving among them, handling them and talking to them,

will grow a much quieter bird that reacts less to harassment, is more resistant to disease and

performs better.

The maximum use of management The maximum use of management The maximum use of management The maximum use of management techniquetechniquetechniquetechniquessss

There are a number of different management techniques available for use by

stockpersons that, while not essential for the welfare of the stock, do result in better

performance. Examples of these are the regulation of day length, the management of live

weight for age and of flock uniformity. The good manager will utilise these techniques

whenever possible to maximise production efficiency and hence profitability of the flock.

33

DDDDKKKKSSSS

NAYAGARH AGRO FARM


C. Layer Farm Sequence

A standard procedure is

followed for the Layer Farm Sequence.

This procedure starts when female

chicks are raised into pullets for

commercial egg production. This stage

is called ‘rearing’, and there are several

common rearing systems. Some farms

raise layer chicks on a litter floor in a shed similar to a meat chicken shed. Other pullets are

either finished off or reared entirely in wire-floored cages.

Brooding (DayBrooding (DayBrooding (DayBrooding (Day----old to 8old to 8old to 8old to 8 weeks)weeks)weeks)weeks)

When a hen sits still for a

prolonged period without eating or drinking

normally, she is said to be ‘broody’. This is a

normal process during which the hen stops

producing eggs in order to incubate a nest

full of eggs. When the eggs hatch the hen

then cares for the chicks by keeping them

warm and finding feed and water for them. Modern strains of chicken have been selected not

to go broody so that more eggs are laid over a period of time.

When rearing chicks commercially the aim is

stage of life when chicks need some additional heat is called the brooding stage. It lasts up to

six weeks, depending on the temperature of the environment until the chicks can control

their body temperature themselves. From day

which aims to ensure they have plenty of protein (19%) and energy for body growth.

Growing (8Growing (8Growing (8Growing (8 to 20 weeks)to 20 weeks)to 20 weeks)to 20 weeks)

Once chicks can control

their body temperature they still

need to be protected from

climate extremes. At this stage they

receive pullet grower feed which is

less expensive and contains only

15% to 17% protein and 7% less

energy than the starter feed.

Beak trimming and some vaccinations are done during the grower stage to prepare

the birds for their adult life as laying hens.

their ability to lay well. However,

to poor production.

Restriction to feed supply to birds during growing stops

fast rate and results in both feed savings and increased egg production when the birds

mature. Careful weekly weighing of the

NAYAGARH AGRO


When rearing chicks commercially the aim is to do the same thing as the hen. The


ding on the temperature of the environment until the chicks can control

their body temperature themselves. From day-old they usually receive chick starter feed


to 20 weeks)to 20 weeks)to 20 weeks)to 20 weeks)

Once chicks can control

their body temperature they still

need to be protected from

extremes. At this stage they

receive pullet grower feed which is

less expensive and contains only

15% to 17% protein and 7% less

er feed.


the birds for their adult life as laying hens. Anything that limits growth at this time can affect

their ability to lay well. However, excessive feeding at this time can be harmful, again leading

Restriction to feed supply to birds during growing stops them from growing at a


mature. Careful weekly weighing of the birds is essential to restrict body weight and work

34

DDDDKKKKSSSS

GRO FARM


to do the same thing as the hen. The


ding on the temperature of the environment until the chicks can control

old they usually receive chick starter feed



Anything that limits growth at this time can affect

an be harmful, again leading

them from growing at a


birds is essential to restrict body weight and work

35

DDDDKKKKSSSS

NAYAGARH AGRO FARM


out how even the flock is growing. Breeding companies recommend what weight birds

should be at each age.

MovingMovingMovingMoving

Pullets are usually moved into their laying quarters, at 16-18 weeks of age, before

they reach sexual maturity. This ensures that they are settled in before egg production begins.

Handling birds at any time must be done with care to avoid injury. As pullets mature into

laying hens they are fed a layer ration designed to enable them to perform best.

Adult layer (20 to/up to 72Adult layer (20 to/up to 72Adult layer (20 to/up to 72Adult layer (20 to/up to 72 weeks)weeks)weeks)weeks)

Adult hens are the real workers

of the industry. For best performance

they need to be fed carefully and kept in a

house at 21-28oC. This means that hen

houses are designed to keep as near as

possible to this temperature year round.

The hens are checked regularly to monitor their health and medicines may be administered

as needed. Tinted egg strains usually require less feed (105g feed/hen/day) than brown egg

strains (120g feed/hen/day).

The quality of feed provided to hens may be varied for the level of production. Hens

can need more nutrients just before and during their peak production than at other times.

This is called phase feeding. It can be economical to adjust rations for such high demand

periods.

36

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Egg Egg Egg Egg Collecting and gradingCollecting and gradingCollecting and gradingCollecting and grading

It takes about 26 hours for each

egg to develop and each hen lays an egg a

little later each day. This is not an exact

thing and most eggs are laid in the

morning. Eggs should be collected

regularly and transferred from the hen

house to an egg room where they are

graded or checked for weight and for damaged shells. A sample of eggs is often broken open

to check internal quality. Eggs are packed into cartons for 12 eggs or trays of 30 eggs for sale.

Prices vary with egg size, so eggs must be separated on the basis of egg weight. Hand

gathered eggs are preferred than the mechanically gathered.

37

DDDDKKKKSSSS

NAYAGARH AGRO FARM


D. Supply industries

Supply industries refers to a number of industries that supply goods and services to

the poultry industry. Most of these also supply goods and services to other industries,

especially to the livestock industries.

Organisations include those supplying the following:

FeedFeedFeedFeed The major input that the farmer makes to the production of poultry products is

feed. It usually constitutes around 70% of the cost of production.

Breeding stockBreeding stockBreeding stockBreeding stock

Poultry breeding programs use the principles

of genetics to select high performing birds. It is very

expensive to keep a large population of breeders and

only those who are prepared to take on such a cost can

succeed in the commercial breeding industry.

Feed ingredients Feed ingredients Feed ingredients Feed ingredients

In addition to the main feed ingredients, such as grains (wheat, maize, sorghum)

and protein sources (meatmeal, fishmeal, soybean), feed must also contain vitamins and

minerals as well as medication when necessary (including antibiotics ingested in their feed).

Contrary to popular belief, hormones are not used in poultry feeds. A mix of minor

ingredients (vitamins and minerals), called a premix are provided by specialist companies to

be added to feed at mixing.

38

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Egg PackagingEgg PackagingEgg PackagingEgg Packaging

Farmers have an opportunity to create a brand identity using distinct egg

packaging. Every farmer has its own unique process for creating quality eggs and egg

products. Egg consumers are keen to “get close to the farm” and when they understand how

to appreciate the difference between farm products, they identify with the farm’s brand and

buy more egg products from the farm.

Ensure that your packaging is always up-to-date

Extended product life cycle

Increased attractiveness

Discreet modernisation of pack design

EquipmentEquipmentEquipmentEquipment

Some of the equipment used in the industry is very sophisticated. Electronic climate

controls, special feeders, waterers, foggers (for cooling chickens with a fine spray into the

air), space heaters, egg incubators, litter mixing machines etc. are all supplied by specialist

companies.

VaccinesVaccinesVaccinesVaccines

Many poultry diseases can be prevented by using vaccines to stimulate immunity.

Most of these are live virus vaccines and special care is necessary to ensure they are alive and

effective when used. When using and handling vaccines, always read and follow the

instructions carefully. The importation of some vaccines is allowed, including some

inactivated vaccines (e.g. Newcastle Disease, EDS) and a specialized list of live vaccine seeds

(e.g. Marek’s Disease strains and CAV).

39

DDDDKKKKSSSS

NAYAGARH AGRO FARM


MedicinesMedicinesMedicinesMedicines

When disease cannot be kept out of birds by isolation, hygiene and other

preventive measures, it may be necessary to administer medicines to birds. A number of

chemicals and antibiotics are used to treat and prevent some diseases. Antibiotics are added to

feeds to help control diseases such as coccidiosis and necrotic enteritis. These diseases can

cause considerable suffering and death in chickens raised on the ground. The antibiotics used

must be approved and meet certain criteria. These criteria specify that the antibiotics

must not leave residues in the meat, are only active against a limited number of organisms

and are not related or similar to antibiotics which are used for human health. Most of the

medicines used routinely are marketed in India by offices of multinational companies, which

usually provide very reliable technical advice.

Building and building materialsBuilding and building materialsBuilding and building materialsBuilding and building materials

Poultry houses are usually made from steel or timber with steel cladding (usually

corrugated colour bond and galvanized iron). Insulation materials are usually placed inside

the roof and walls to assist in the control of temperature in the shed. Many modern

evaporatively cooled tunnel ventilated sheds are completely enclosed so that temperature and

light are controlled at all times. These are called controlled environment sheds, while older

sheds are sometimes called conventional sheds. Older sheds often have wire netting sides

with adjustable blinds made of plastic or shutters made of wood or metal to control

ventilation. Fans are used in both types of shed to move hot humid air away from the birds to

keep them comfortable and productive.

40

DDDDKKKKSSSS

NAYAGARH AGRO FARM



LLLLAAAAYER YER YER YER BREED BREED BREED BREED B V 300B V 300B V 300B V 300

Continuous research and

development on BV-300 has made it a highly

refined breed of excellent genetic potential,

and one of the best layer breeds existing in

the world today. BV-300 has proved its ability to perform well under various agro-

climatic conditions. BV-300 is recognized as the most adaptable, consistent and prolific

egg layer, and holds over 85% of layer market share in India for the last three decades. BV-

300 chicks represent the finest genetic package and are bred for profits.

Maturity Age at 50% production 150 days

Livability

Growing 97 – 98%

Laying 94 – 96%

Egg Production

Peak Production 97% +

No of weeks above 90% 40 +

Per hen housed (up to 72 weeks of age) 330 +

Egg Weight Average Egg Weight up to 72 weeks 58 gm

Feed Efficiency Feed/Egg (2400-2500 kcal/kg) 124 gm

Body Size

20 weeks 1.3 – 1.36 kg

72 weeks 1.6 kg

Egg Quality

Shell Strength Ideal

Interior Optimum

Temperament Variety of Management Systems Easy to Handle

41

DDDDKKKKSSSS

NAYAGARH AGRO FARM



MARKET & MARKETING STRATEGYMARKET & MARKETING STRATEGYMARKET & MARKETING STRATEGYMARKET & MARKETING STRATEGY

National National National National Scenario:Scenario:Scenario:Scenario:

Poultry industry is the

fastest growing sector in Indian

Agriculture. India ranks the 5th

largest producer of egg and 9th

largest producer of Poultry meat of

the world producing over 34

billion eggs and about 600

thousand tones of Poultry meat in

the year 2004. This spectacular

increase in production has occurred during last 3 decades due to continuous efforts of our

scientists, researchers and pioneers of this field. Many other factors which include

increased adoption of integrated farming system, contract farming, awareness of people

about diet and health, cost effectiveness of Poultry meat compared to other meat, its low fat

content, superior protein quality and change of life style of the people are also responsible

for development of Poultry Sector. Over the past decade the Poultry industry in India has

contributed approximately 1150 crores to our Gross National Product. An individual

averagely needs 125 gms. of animal protein everyday where as only 14 gms. is available

42

DDDDKKKKSSSS

NAYAGARH AGRO FARM


which stands to 11% of the requirement. This prime shortfall can be compensated from

the growth of Poultry industry, which is an important source of animal protein and can be

made available to the population within the shortest possible time.

State Scenario:State Scenario:State Scenario:State Scenario:

Being situated in the threshold of West Bengal, Bihar & North Eastern States where

demand of Poultry and Poultry products has been constantly on the rise, Odisha has been

identified as a suitable destination for setting of Poultry units. The Agro climatic condition

of Odisha State is conducive for Poultry farming, yet the growth rate is very slow due to

huge investment in this sector. It is the fastest growing sector, which registered an average

growth rate of 15 % per annum in Odisha during last 5 years. The egg availability per year

per head in Odisha is 32 eggs as compared to national average of 42 eggs. Poultry

development in the State has taken a quantum leap in the last three decades but the layer

sector in the State is not up to the desired level.

The Present human population in Odisha is 41.9 million (as per census 2011). 70%

of the Poultry products and eggs are consumed in urban and semi urban areas. With the

change in rearing and feeding practices, the untouchability of Poultry meat and eggs got

changed and got wide acceptance. Spread of education is also responsible for accepting

eggs as a nutritious item in the diet. Poultry products like egg and chicken constitute a

primary source of animal protein. In this context it is desirable to enhance egg production

in the State.

The Govt. of Odisha is now giving more thrust to facilitate egg production through

certain initiatives and policy decisions. The increase in egg production of the State not only

43

DDDDKKKKSSSS

NAYAGARH AGRO FARM


will eradicate the protein hunger of the State but also can create huge employment

opportunities for people. The scope in this sector is enormous. The growth in Poultry sector

will help in development of a number of supporting and allied industries like compound

feed manufacturing, equipment and machinery, pharmaceuticals & biological. The

Department of Fisheries & Animal Resources Development has embarked upon an

ambitious programme to produce 65 lakh commercial eggs per day from 82.6 lakh layer

birds during the next 10 years period. Different Govt. Departments working on poverty

alleviation programme have been facilitated with different schemes and projects for

implementation.

The present demand for table eggs is 65656565 lakh per daylakh per daylakh per daylakh per day (including the requirement

for Mid Day Meal programme) vis-à-vis availability of 25 lakh eggs from commercial

layer units. Presently, about 41 numbers Commercial Layer farms having 31.25 lakh birds

are running in the State. The size of these Commercial Layer farms are ranging from

20,000 birds to 2, 00,000 birds. The total table egg production assuming 80 % production

comes to 25 lakhs per day.

The Govt. of Odisha has taken the following initiatives :

The Govt. of Odisha has declared Poultry as Agriculture in 2005. This step has

enabled our Poultry farmers to avail various incentives as being offered to

Agriculture.

Finance Department has already issued VAT exemptions on poultry feed, feed

supplements and additives.

44

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Government land can be alienated under Odisha Government Land Settlement Act

vide schedule-II of OGLS Rules.

Financing Institutions are treating poultry as priority sector.

Capital Investment Subsidy @ 40% of the capital investment in case of the general

male entrepreneurs and @ 50% in case of SC/ST/Women/Graduates in Agriculture

& Allied discipline excluding cost of land maximum up to 50 lakhs is being granted

under Agriculture Policy 2013 by Agricultural Promotion & Investment

Corporation of Odisha Limited (APICOL) for promotion of Poultry Sector.

Interest subsidy on term loans will be provided to the agro enterprisers. Initially an

interest subsidy of maximum ` 25 lakhs per unit will be provided subject to a

ceiling that the subsidy should not exceed 5% for a period of 7 years. For SHGs/

Scheduled Castes/ Scheduled Tribes and women entrepreneurs, the ceiling may be

fixed at ` 33 lakhs.

State Level Apex Committee on Poultry Development constituted to ensure better

co-ordination.

Venture capital fund introduced by Govt. of India for poultry sector.

Additional increase in demand of egg through introduction of MDM programme.

Strengthening of Department Poultry Farms - As a measure for promotion of

Backyard Poultry in the State, ARD Department has taken all steps for

strengthening of departmental Poultry & Duck farms under the CSS programme

“Assistance to State Poultry / Duck farms”.

45

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Odisha Electricity Regulatory Commission (OERC) has reduced the power tariff for

poultry farms from Rs.4/- per unit to Rs.1.10 /unit.

Advantages Of EggsAdvantages Of EggsAdvantages Of EggsAdvantages Of Eggs

Eggs are great for the eyes. According

to one study, an egg a day may

prevent macular degeneraton due to

the carotenoidcontent, specifically

lutein and zeaxanthin. Both nutrients

are more readily available to our bodies

from eggs than from other sources.

People who eat eggs every day lower their risk of developing cataracts, also because

of the lutein and zeaxanthin in eggs.

One egg contains 6 grams of high-quality protein and all 9 essential amino acids.

According to a study by the Harvard School of Public Health, there is no significant

link between egg consumption and heart disease. In fact, according to one study,

regular consumption of eggs may help prevent blood clots, stroke, and heart

attacks.

They are a good source of choline. One egg yolk has about 300 micrograms of

choline. Choline is an important nutrient that helps regulate the brain,

nervous system, and cardiovascular system.

They contain the right kind of fat. One egg contains just 5 grams of fat and only 1.5

grams of that is saturated fat.

46

DDDDKKKKSSSS

NAYAGARH AGRO FARM


New research shows that, contrary to previous belief, moderate consumption of

eggs does not have a negative impact on cholesterol. In fact, recent studies have

shown that regular consumption of two eggs per day does not affect a person's lipid

profile and may, in fact, improve it. Research suggests that it is saturated fat that

raises cholesterol rather than dietary cholesterol.

Eggs are one of the only foods that contain naturally occurring vitamin D.

Eggs may prevent breast cancer. In one study, women who consumed at least 6

eggs per week lowered their risk of breast cancer by 44%.

Eggs promote healthy hair and nails because of their high sulphur content and

wide array of vitamins and minerals. Many people find their hair growing faster

after adding eggs to their diet, especially if they were previously deficient in foods

containing sulphur or B12.

One egg contains 6 grams of high-quality protein and all 9 essential amino acids.

According to a study by the Harvard School of Public Health, there is no significant

link between egg consumption and heart disease. In fact, according to one study,

regular consumption of eggs may help prevent blood clots, stroke, and heart

attacks.

They are a good source of choline. One egg yolk has about 300 micrograms of

choline. Choline is an important nutrient that helps regulate the brain,

nervous system, and cardiovascular system.

47

DDDDKKKKSSSS

NAYAGARH AGRO FARM


COMPANY’S MARKETING STRATEGY

Eggs demand in our state is way ahead of the Eggs produced .The demand is

continuously growing day by day. Demand of eggs has already increased through

introduction of Mid-Day-Meal Programme of Central Govt. The management also has a

“Marketing Guarantee Certificate” from OPOLFED (Orissa State Poultry Products Co-

operative Marketing Federation Ltd.). In fact, niche markets offer venues for producers of

"specialty" eggs like organically produced eggs, free range eggs, colored eggs, or hand

gathered and processed eggs. Egg marketing requires planning ahead as well as some

understanding of laws and regulations, but the effort can pay off. Here are some tips and

resources for marketing fresh farm eggs.

Marketing Fresh EggsMarketing Fresh EggsMarketing Fresh EggsMarketing Fresh Eggs

Egg marketing Will be done in two basic ways:

1. Retail―selling directly to consumers: either on farm, on a subscription basis, or at

farmers markets,

2. Wholesale―selling to retailers such as grocery stores, restaurants, hotels, or

institutions. Wholesale marketing can be direct to retailers or through wholesale

brokers or distributors. Another way to market wholesale is through a producer

co-operative pooling technical, marketing, and purchasing capacities of

individual farmers in order to distribute greater and more reliable quantities of

eggs to retailers.

48

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Pricing

A key to marketing any "niche" farm product is to avoid under pricing. Consumers

expect to pay more for a niche product so be sure to research local market prices and base

your selling price accordingly.

Whatever your marketing strategy, keep in mind that different regulations apply to

different marketing methods.

Packaging & Branding

The management has planed:

To tTo tTo tTo take advantage of all of the benefits of point ake advantage of all of the benefits of point ake advantage of all of the benefits of point ake advantage of all of the benefits of point

of sale layoutof sale layoutof sale layoutof sale layout

Attractive to customers

Easy location of the product on the shelf

Fast, clear communication

Professional presentation of your own range

Establish successful brandsEstablish successful brandsEstablish successful brandsEstablish successful brands

Set yourself apart from the competition

Value enhancement through a clear brand image

Easy identifi cation and recognition of your

product

Create variety through Create variety through Create variety through Create variety through promotion campaignspromotion campaignspromotion campaignspromotion campaigns

Enhanced sales through added-value for the consumer

Successive novelty on the shelf

49

DDDDKKKKSSSS

NAYAGARH AGRO FARM


Take advantage of public holidays, seasons and special occasions with topical

designs and campaigns.

Tie the GREEN TREND into your marketing strategyTie the GREEN TREND into your marketing strategyTie the GREEN TREND into your marketing strategyTie the GREEN TREND into your marketing strategy

Align with growing environmental consciousness

Clear positioning towards the mostly well-to-do customer segment

Communication of self-responsibility for our environment

Ensure that your packaging is always UPEnsure that your packaging is always UPEnsure that your packaging is always UPEnsure that your packaging is always UP----TOTOTOTO----DATEDATEDATEDATE

Extended product life cycle

Increased attractiveness

Discreet modernisation of pack design

Uniform appearance

High brand recognition effect

50

DDDDKKKKSSSS

NAYAGARH AGRO FARM



FINANCIAL & ECONOMIC EVALUATIONFINANCIAL & ECONOMIC EVALUATIONFINANCIAL & ECONOMIC EVALUATIONFINANCIAL & ECONOMIC EVALUATION

The Financial and Economic evaluation of the proposal is given by the way of following Annexure :

ANNEXURE

1 PROJECT COST & MEANS OF FINANCE

1.1 DETAILS OF BLOCK CAPITAL

1.2 PRELIMINARY & PRE-OPERATIVE EXPENSES

1.3 ASSESSMENT OF WORKING CAPITAL

2 PROJECTED COST OF PRODUCTION AND PROFITABILITY

2.1 ASSUMPTION FOR COMPUTATION OF PROFITABILITY

2.2 COMPUTATION OF SALARIES

2.3 INTEREST & REPAYMENT SCHEDULE

2.4 COMPUTATION OF DEPRECIATION

2.5 COMPUTATION OF INCOME TAX

2.6 FLOCK SCHEDULE

2.7 STATEMENT OF INCOME

2.8 RAW MATERIALS

2.9 VALUATION OF CLOSING STOCK

2.10 FEED SAMPLE FORMULAE & FEED COST

3 PROJECTED FUND FLOW STATEMENT

4 PROJECTED BALANCE SHEET

5 PROJECTED BREAK EVEN ANALYSIS

6 PROJECTED INTERNAL RATE OF RETURN (IRR)

7 PROJECTED SECURITY MARGIN & ASSET COVERAGE RATIO

8 PROJECTED DEBT SERVICE COVERAGE RATIO (DSCR)

9 & 10 PROJECTED SENSITIVE ANALYSES : DSCR

NAYAGARH AGRO PROJECTS PVT. LTD.

ANNEXURE - 1

PROJECT COST & MEANS OF FINANCE[Rs. in Lacs]

A. PROJECT COSTTOTAL

BLOCK CAPITAL ------------------

LAND & SITE DEVELOPMENT 1.80

BUILDING 134.07

PLANT & MACHINERY 21.51

MISC. FIXED ASSETS 67.79

PROVISION FOR CONTINGENCIES 0.00

------------------

225.17

PRELIMINARY & PRE-OPERATIVE EXPENSES 9.12

MARGIN FOR WORKING CAPITAL 38.11

------------------

272.40

===========

B. MEANS OF FINANCE

PROMOTERS' CONTRIBUTION :

EQUITY 97.40

0.00

TERM LOAN FROM BANK 175.00

(Including Back Ended State Govt. Subsidy of Rs. 50.00 Lacs)

------------------

272.40

===========

C. FINANCIAL INDICATORS

PROMOTERS' CONTRIBUTION 35.76%

DEBT EQUITY RATIO 1.80

D. WORKING CAPITAL REQUIRED 142.11

E. WORKING CAPITAL LOAN (CC) REQUIRED 104.00

F. TOTAL BANK EXPOSURE

TERM LOAN 175.00

CASH CREDIT 104.00

------------------

279.00

===========

D S C R 2.02

I R R 16%

PAYBACK PERIOD 5 YEARS

DKS


ANNEXURE - 1.1

DETAILS OF BLOCK CAPITAL

A. LAND & SITE DEVELOPMENT AMOUNT

[Rs.]

4.420 Acres of land situated at Mouza - Khola, Khandapada, Dist. - Nayagarh, Odisha.

as detailed below : -

Name of Owner Khata No. Plot No. Area (Acres)

Subham Panda 7 13/110 1.000

Manoranjan Panda 9/1 13/111 1.500

Manoranjan Panda 1.920

4.420

Land Development including Landscaping, Internal Road, 180,000

Swerege, Drainage etc.

------------------

TOTAL LAND & SITE DEVELOPMENT 180,000

===========

DKS


B. BUILDING & OTHER CIVIL WORKS

SL. DESCRIPTION AREA RATE AMOUNT

L x W x H (ft.) (Sft.) [Rs.] [Rs.]

1. Broder Shed

@ 0.5 sqft per bird for 10520 birds

ACC Roofing and Brick wall Structure 5,260 260 1,367,600

2. Grower Shed



3. Layer Shed



4. Labour Room (Managers, Supervisor & Workers)

@ 200 sqft per labour for 16 nos.

ACC Roofing and Brick wall Structure 3,200 260 832,000

5. Store Room

@ 1500 sqft for 1 nos.


6. Feed Godown



7. Office Room with Canteen


RCC Roofing and Brick wall Structure 800 350 280,000

8. Barbed wire fencing with gate 1 393,000 393,000

9. Bore Well with cashing pipe - 2 Nos. 2 50,000 100,000

------------------

TOTAL BUILDING 13,407,076

===========

DKS


C. PLANT & MACHINERY

SL. SPECIFICATION / SUPPLIER QUANTITY RATE AMOUNT

[Rs.] [Rs.]

1. Pump Set (2 Nos.) 2 30,000 60,000

2. Pipelines @ Rs. 6.20 per Bird 60,724 6.20 376,489

3. Overhead Tank - 2 Nos. 2 100,000 200,000

4. Feed Machinaries 1 566,000 566,000

5. Sprinklers & Foggers@ Rs. 5.20 per Layer 60,724 5.20 315,765

6. D.G. Set (100 KVA) 1 500,000 500,000

7. Refrigirator 1 30,000 30,000

------------------

2,048,254

PACKING, FORWARDING,TRANSPORTATION, INSURANCE,

LOADING-UNLOADING, ERRECTION, TESTING & COMMISSIONING ( 5 % OF ABOVE) 102,413

------------------

2,150,667

===========

DKS


QUANTITY RATE AMOUNT

D. ELECTRICAL INSTALLATION [Rs.] [Rs.]

1. Electrical Installations @ 18 per Bird 60,724 20 1,214,480

Substation, Transformer, Pannel Board, Switch Board, Wiring,

Earthing, Internal & External Lighting, Security Deposit etc.

------------------

1,214,480

PACKING, FORWARDING,TRANSPORTATION, INSURANCE,

LOADING-UNLOADING, ERRECTION, TESTING & COMMISSIONING ( 5 % OF ABOVE) 60,724

------------------

1,275,204

===========

E. MISC. FIXED ASSETS

1. Deep Litter Equipments and Cages

Brooder Cages for 10520 Nos. @ Rs. 66/- per bird 10,520 66 695,898

Grower Cages for 10204 Nos. @ Rs. 83/- per bird 10,204 83 843,743

Layer Cages for 40000 Nos. @ Rs. 93/- per bird 40,000 93 3,704,400

2. Weighing Machine 1 20,000 20,000

3. Tools & Tackles, Material Handling, Misc. Equipments 1 100,000 100,000

4. Furnitures & fixtures L/S 30,000

5. Computer System with CC TV L/S 80,000

6. Canteen Equipments L/S 30,000

------------------

MISC. FIXED ASSETS 5,504,041

===========

F. PROVISION FOR CONTIGENCIES

0% ON COST OF BUILDING 0

0% ON PLANT & MACHINERY 0

0% ON ELECTRICAL INSTALLATION 0

0% ON MISC. FIXED ASSETS 0

------------------

PROVISION FOR CONTIGENCIES 0

===========

DKS


ANNEXURE - 1.2

PRELIMINARY & PRE-OPERATIVE EXPENSES[Rs. in Lacs]

A. PRELIMINARY EXPENSES

1. COMPANY FORMATION EXPENSES 0.30

2. FEES FOR PROJECT REPORT 0.20

------------------

0.50

------------------

B. PRE-OPERATIVE EXPENSES

1. UP FRONT FEES/PROCESSING EXP. 1.13

2. TRAVELLING & CONVEYANCE 0.40

3. SALARY & ADMINISTRATIVE EXPENSES 0.50

4. MISCELLANEOUS EXPENSES 0.20

5. DOCUMENTATION EXPENSES 0.30

6. INTEREST DURING IMPLEMENTATION PERIOD 5.80

7. START UP EXPENSES 0.30

------------------

8.62

------------------

9.12

===========

NOTE :

i) THE IMPLEMENTATION PERIOD OF THE PROJECT HAS BEEN ESTIMATED

AT 1.00 YEAR.

ii) INTEREST DURING IMPLEMENTATION PERIOD HAS BEEN TAKEN AT HALF OF

THE PERIOD ON FULL AMOUNT OF THE LOAN CONSIDERING AN UNIFORM

DISBURSEMENT OF THE LOAN.

THE DETAILED COMPUTATION IS GIVEN BELOW : [Rs. in Lacs]

LOAN RATE PERIOD AMOUNT AMOUNT

AMOUNT (YEAR) (25%)

---------------- ---------------- ----------------- ----------------- ------------------

INTEREST : T.L. - BANK 175.00 13.25% 1.00 23.19 5.80

----------------- ------------------

23.19 5.80

----------------- ------------------

iii) ALL OTHER EXPENSES HAS BEEN CONSIDERED IN LUMP SUM.

DKS


ANNEXURE - 1.3

ASSESSMENT OF WORKING CAPITAL

1. COMPUTATION OF WORKING CAPITAL HAS BEEN DONE ON THE BASIS OF

CAPACITY UTILISATION IN THE 1ST YEAR (2014-15)

2. WORKING CAPITAL REQUIRMENT HAS BEEN TAKEN FROM THE ANNUAL FIGURES

GIVEN IN ANNEXURE - 2 [Rs. in Lacs]PERIOD MARGIN WORKING PROMOTERS PERMISSI-

I T E M S (MONTHS) CAPITAL CONTRI- BLE BANK

REQUIRED BUTION LIMIT

====================== ========== ========= ========= ========== =========

CURRENT ASSETS

RAW MATERIALS 2.00 25% 44.10 11.03 33.08

CONSUMABLES 1.00 25% - - -

W-I-P - 25% 93.49 23.37 70.12

FINISHED GOODS 0.75 25% 4.20 1.05 3.15

RECEIVABLES 0.25 25% 2.54 0.64 1.91

EXPENSES L.S. 100% 1.00 1.00 -

---------------- ----------------- -----------------

145.33 37.08 108.25

Option - I

LESS: CURRENT LIABILITIES ========= ========== =========

RAWMATERIALS 0.25 2.72

STATUTORY EXP. L.S. 0.50

----------------

3.22

----------------

NET WORKING CAPITAL 142.11

LESS: MARGIN 36.33

(25% OF CURRENT ASSETS)

----------------

MAXMUM PERMISSIBLE BANK FINANCE 105.78

(As per second method of lending) Option - II

----------------

S A Y

-----------------

PROJECTED BANK FINANCE FOR WORKING CAPITAL 105.78 104.00

Option - I or Option - II which ever is lower -----------------

MARGIN FOR WORKING CAPITAL 36.33 38.11

DKS


ANNEXURE - 2

PROJECTED COST OF PRODUCTION AND PROFITABILITY[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

A. INCOME

SALE OF EGGS 121.80 427.00 436.80 436.80 436.80 436.80 436.80 436.80

SALE OF CULLS 0.00 19.95 26.60 26.60 26.60 26.60 26.60 26.60

SALE OF GUNNY BAGS 1.27 3.25 3.31 3.31 3.31 3.31 3.31 3.31

SALE OF MANURE 2.35 2.35 2.35 2.35 2.35 2.35 2.35 2.35

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

TOTAL SALES 125.42 452.55 469.06 469.06 469.06 469.06 469.06 469.06

========== ========= ========= ========== ========= ========== ========= ======

B. DIRECT EXPENDITURES

FEED CONSUME 130.57 329.21 334.65 334.65 334.65 334.65 334.65 334.65

CHICK COST 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00

MEDICINE COST 3.46 7.17 7.27 7.27 7.27 7.27 7.27 7.27

BIRDS INSURANCE 2.31 2.31 2.31 2.31 2.31 2.31 2.31 2.31

POWER 4.20 6.30 6.93 6.93 6.93 6.93 6.93 6.93

SALARY & WAGES 10.95 11.50 12.08 12.68 13.31 13.98 14.68 14.68

REPAIR & MAINTENANCE 2.24 2.35 2.47 2.59 2.72 2.86 3.00 3.00

FACTORY INSURANCE 1.12 1.12 1.12 1.12 1.12 1.12 1.12 1.12

FACTORY OVERHEADS 1.20 1.26 1.32 1.39 1.46 1.53 1.61 1.69

DEPRECIATION 8.84 8.84 8.84 8.84 8.84 8.84 8.84 8.84

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

174.89 380.06 386.99 387.78 388.61 389.49 390.41 390.49

ADD:OPENING STOCK OF

SEMI-FINISHED GOODS 0.00 93.49 98.14 98.14 98.14 98.14 98.14 98.14

LESS:CLOSING STOCK OF

SEMI-FINISHED GOODS 93.49 98.14 98.14 98.14 98.14 98.14 98.14 98.14

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

C. COST OF PRODUCTION 81.40 375.41 386.99 387.78 388.61 389.49 390.41 390.49

ADD:OPENING STOCK OF

FINISHED GOODS 0.00 4.20 5.60 5.60 5.60 5.60 5.60 5.60

LESS:CLOSING STOCK OF

FINISHED GOODS 4.20 5.60 5.60 5.60 5.60 5.60 5.60 5.60

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

D. COST OF SALES 77.20 374.01 386.99 387.78 388.61 389.49 390.41 390.49

DKS


E. OVERHEADS

MANAGERIAL REMUNERATION 1.80 1.89 1.98 2.08 2.18 2.29 2.40 2.40

OFFICE & ADMN. EXPENSES 1.20 1.26 1.32 1.39 1.46 1.53 1.61 1.61

PRELIMINARY EXP. W/O 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14

SELLING EXPENSES 2.51 9.05 9.38 9.38 9.38 9.38 9.38 9.38

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

6.65 13.34 13.82 13.99 14.16 14.34 14.53 14.53

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

F. TOTAL OPERATING COST 83.85 387.35 400.81 401.77 402.77 403.83 404.94 405.02

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

G. OPERATING PROFIT 41.57 65.20 68.25 67.29 66.29 65.23 64.12 64.04

[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

H. INTEREST ------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

TERM LOAN 16.56 15.77 13.45 10.60 7.22 3.32 0.17 0.00

WORKING CAPITAL LOAN 13.78 13.78 13.78 13.78 13.78 13.78 13.78 13.78

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

TOTAL INTEREST 30.34 29.55 27.23 24.38 21.00 17.10 13.95 13.78

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

I. PROFIT BEFORE TAX 11.23 35.65 41.02 42.91 45.29 48.13 50.17 50.26

J. PROVISION FOR TAX 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

DEFERED TAX LIABILITY / (ASSET) 1.33 4.23 3.62 2.83 2.14 1.55 1.03 0.58

K. PROFIT AFTER TAX 7.76 24.63 28.34 29.65 31.30 33.26 34.67 34.73

L. DIVIDEND PAID

RATE 0% 0% 0% 0% 0% 0% 0% 0%

AMOUNT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

M. RETAINED PROFIT 7.76 24.63 28.34 29.65 31.30 33.26 34.67 34.73

N. CASH ACCRUAL 19.07 38.84 41.94 42.46 43.42 44.79 45.68 45.29

(K + DEPRECIATION + PRE. EXP.)

DKS


ANNEXURE - 2.1

ASSUMPTION FOR COMPUTATION OF PROFITABILITY

A. SIZE OF BATCH

Nos. Mortality

Brooder 10520 3%

Grower 10204 2%

Layer 10000 3%

Culled 9500 5%

B. MANURE AVAILABILITY MANURE

QUANTITY

Brooding 0.26 Kg./Bird/Week

Growing 0.46 Kg./Bird/Week

Laying 0.49 Kg./Bird/Week

Sale Price Of Manure 0.40

C. FEED CONSUMPTION

Kg./Bird/Week

Brooding Period (0-8) Weeks 0.280

Growing Period (9-20) Weeks 0.380

Laying Period (21-72) Weeks 0.800

D. FEED COST Rs./Kg.

Chick Mash 17.50

Grower Mash 16.50

Layer Mash 16.00

E. OTHER ASSUMPTIONS

Average Gunny Bag Size 50 Kg. of Feed

Cost Of Gunny Bag Rs. 8.50

Cost Of Chicks Rs. 25.00

Cost Of Medicine Rs. 0.25 Per Week/Bird

Egg Production 6 Per Bird/week

Sale Price Per Egg Rs. 3.50

Sale Price Of Cull Birds Rs. 70.00

Insurance Rs. 3.80

* 5% Free chicks are taken into consideration

Rs. Per Kg

Rs./Bag.

Per chick

Per egg

Per Bird

Per Bird (Rs. Per Annum)

DKS


F. SALARY & WAGES

The detailed computation of the factory salary for first year is

given in Annexure-2.2. . An increase of 5% has been

considered in subsequent years.

G. REPAIR & MAINTENANCE

This has been considred at 1% of the cost of factory building,

Plant & Machinery and equipments. An increase of 5% has been

considered in Subsequent years.

H. PROJECT INSURANCE

This has been considered at 0.5% on cost of factory building,

Plant & machinery, misc. fixed assets and stock.

I. OTHER FACTORY OVERHEADS

This has been considered at Rs.10,000/- per month with an annual

increase of 5% in subsequent years.

J. DEPRECIATION

The detailed computation of depreciation both as per Companies

Act and as per IT Act is given in Annexure - 2.4

K. CLOSING STOCK

Closing stock of Semi-finished and finished goods has been

considered as below :

Semi- Finished Goods - Months cost of production.

Finished Goods 0.75 Months cost of Sales.

L. ADMINISTRATIVE SALARY

The detailed computation of Administrative salary is given in

Annexure- 2.2 . An increase of 5% has been considered for

subsequent years.

DKS


M. MANAGERIAL REMUNERATION

This has been taken at Rs.15,000/- per month and an increase of

5% has been considered in subsequent years.

N. OFFICE ADMINISTRATIVE EXPENSES

This has been considered at Rs.10,000/- per month with an annual

increase of 5%.

O. SELLING EXPENSES

This has been considered at 1% of Sales.

P. INTEREST

The rate of interest on loans has been considered as under :

Term loan 13.25%

Working Capital Loan 13.25%

The detailed Computation is given in Annexure-2.3

Q. INCOME TAX

The detailed computation of the income tax is given in Annexure : 2.5

DKS


ANNEXURE - 2.2

COMPUTATION OF SALARIESRs. Rs.

NO. OF EMPLOYEES RATE PER SALARY

B. SALARY & WAGES Total MONTH PER MONTH

------------------ ----------------- -------------------

SUPERVISOR 3 6,000 18,000

GENERAL ADMIN. 2 4,500 9,000

SECURITY GUARD 2 4,000 8,000

WORKERS 10 3,800 38,000

------------------ -------------------

17 PER MONTH 73,000

------------------ -------------------

SALARY PER ANNUM 876,000

ADD : 25% FOR FRINGE BENEFITS 219,000

-------------------

1,095,000

==========

NOTE: AN INCREMENT OF 5% IS CONSIDERED IN SUBSEQUENT YEARS IN CASE OF SALARIES

DKS


ANNEXURE - 2.3

INTEREST & REPAYMENT SCHEDULE[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

A. TERM LOAN : BANK 175.00 (Including Back Ended State Govt. Subsidy of Rs. 50.00 Lacs)

RATE OF INTEREST 13.25%

1ST QTR.

OPENING BALANCE 175.00 175.00 159.00 139.00 115.00 87.00 55.00 0.00

INTEREST 4.14 4.14 3.61 2.95 2.15 1.23 0.17 0.00

REPAYMENT 0.00 4.00 5.00 6.00 7.00 8.00 55.00 0.00

CLOSING BALANCE 175.00 171.00 154.00 133.00 108.00 79.00 0.00 0.00

2ND QTR.

INTEREST 4.14 4.01 3.45 2.75 1.92 0.96 0.00 0.00

REPAYMENT 0.00 4.00 5.00 6.00 7.00 8.00 0.00 0.00

CLOSING BALANCE 175.00 167.00 149.00 127.00 101.00 71.00 0.00 0.00

3RD QTR.

INTEREST 4.14 3.88 3.28 2.55 1.69 0.70 0.00 0.00

REPAYMENT 0.00 4.00 5.00 6.00 7.00 8.00 0.00 0.00

CLOSING BALANCE 175.00 163.00 144.00 121.00 94.00 63.00 0.00 0.00

4TH QTR.

INTEREST 4.14 3.74 3.11 2.35 1.46 0.43 0.00 0.00

REPAYMENT 0.00 4.00 5.00 6.00 7.00 8.00 0.00 0.00

CLOSING BALANCE 175.00 159.00 139.00 115.00 87.00 55.00 0.00 0.00

ANNUAL INTEREST 16.56 15.77 13.45 10.60 7.22 3.32 0.17 0.00

@

TOTAL T.L. REPAYMENT 0.00 16.00 20.00 24.00 28.00 32.00 55.00 0.00

TOTAL (INTEREST + PRINCIPAL) 16.56 31.77 33.45 34.60 35.22 35.32 55.17 0.00

B. WORKING CAPITAL LOAN (CASH CREDIT)

RATE OF INTEREST 13.25%

BALANCE 104.00 104.00 104.00 104.00 104.00 104.00 104.00 104.00

ANNUAL INTEREST 13.78 13.78 13.78 13.78 13.78 13.78 13.78 13.78

C. TOTAL INTEREST 30.34 29.55 27.23 24.38 21.00 17.10 13.95 13.78

DKS


ANNEXURE - 2.4

COMPUTATION OF DEPRECIATION [Rs. in Lacs]

LAND BUILDING PLANT & MISC.FIXD T O T A L

MACHINERY ASSETS

----------------- ----------------- ------------------ ----------------- -------------------

BASIC COST 1.80 134.07 21.51 67.79 225.17

ADD: CONTINGENCIES 0.00 0.00 0.00 0.00 0.00

----------------- ----------------- ------------------ ----------------- -------------------

1.80 134.07 21.51 67.79 225.17

AS PER COMPANIES TAX ACT IN S.L.M.

RATE OF DEPRECIATION 0.00% 3.34% 5.28% 4.75% -

1ST YEAR DEP 0.00 4.48 1.14 3.22 8.84

. WDV 1.80 129.59 20.37 64.57 216.33

2ND YEAR DEP 0.00 4.48 1.14 3.22 8.84

. WDV 1.80 125.11 19.23 61.35 207.49

3RD YEAR DEP 0.00 4.48 1.14 3.22 8.84

. WDV 1.80 120.63 18.09 58.13 198.65

4TH YEAR DEP 0.00 4.48 1.14 3.22 8.84

. WDV 1.80 116.15 16.95 54.91 189.81

5TH YEAR DEP 0.00 4.48 1.14 3.22 8.84

. WDV 1.80 111.67 15.81 51.69 180.97

6TH YEAR DEP 0.00 4.48 1.14 3.22 8.84

. WDV 1.80 107.19 14.67 48.47 172.13

7TH YEAR DEP 0.00 4.48 1.14 3.22 8.84

. WDV 1.80 102.71 13.53 45.25 163.29

8TH YEAR DEP 0.00 4.48 1.14 3.22 8.84

. WDV 1.80 98.23 12.39 42.03 154.45

DKS


ANNEXURE - 2.4A

COMPUTATION OF DEPRECIATION

AS PER INCOME TAX ACT IN W.D.V. METHOD [Rs. in Lacs]

LAND BUILDING PLANT & MISC.FIXD T O T A L

MACHINERY ASSETS

----------------- ----------------- ------------------ ----------------- -------------------

BASIC COST 1.80 134.07 21.51 67.79 225.17

ADD: CONTINGENCIES 0.00 0.00 0.00 0.00 0.00

----------------- ----------------- ------------------ ----------------- -------------------

TOTAL COST 1.80 134.07 21.51 67.79 225.17

RATE OF DEPRECIATION 0% 10% 15% 15%

1ST YEAR DEP - 13.41 3.23 10.17 26.80

. WDV 1.80 120.66 18.28 57.62 198.37

2ND YEAR DEP - 12.07 2.74 8.64 23.45

. WDV 1.80 108.59 15.54 48.98 174.92

3RD YEAR DEP - 10.86 2.33 7.35 20.54

. WDV 1.80 97.73 13.21 41.63 154.38

4TH YEAR DEP - 9.77 1.98 6.25 18.00

. WDV 1.80 87.96 11.23 35.38 136.38

5TH YEAR DEP - 8.80 1.68 5.31 15.79

. WDV 1.80 79.16 9.55 30.07 120.59

6TH YEAR DEP - 7.92 1.43 4.51 13.86

. WDV 1.80 71.24 8.12 25.56 106.73

7TH YEAR DEP - 7.12 1.22 3.83 12.17

. WDV 1.80 64.12 6.90 21.73 94.56

8TH YEAR DEP - 6.41 1.04 3.26 10.71

. WDV 1.80 57.71 5.86 18.47 83.85

DKS


ANNEXURE - 2.5

COMPUTATION OF INCOME TAX[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

INCOME TAX BASED ON DEPRECIATION AS PER COMPANIES ACT :

A. PROFIT BEFORE TAX 11.23 35.65 41.02 42.91 45.29 48.13 50.17 50.26

(As per Profit & Loss Account)

B. INCOME TAX @ 3.90% ON 'A' 3.47 11.02 12.68 13.26 13.99 14.87 15.50 15.53

INCOME TAX BASED ON DEPRECIATION AS PER INCOME TAX ACT :

A. PROFIT BEFORE TAX 11.23 35.65 41.02 42.91 45.29 48.13 50.17 50.26

(As per Profit & Loss Account)

B. ADD : DEPRECIATION

ALREADY CHARGED 8.84 8.84 8.84 8.84 8.84 8.84 8.84 8.84

C. LESS : DEPRECIATION AS PER

INCOME TAX ACT. 26.80 23.45 20.54 18.00 15.79 13.86 12.17 10.71

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

D. A+B-C (6.73) 21.04 29.32 33.75 38.34 43.11 46.84 48.39

E. CARRY FORWARD

DEPRECIATION/LOSS 0.00 (6.73) 0.00 0.00 0.00 0.00 0.00 0.00

F. TAXABLE INCOME (D+E) (6.73) 14.31 29.32 33.75 38.34 43.11 46.84 48.39

G. NORMAL TAX @ 30.9% ON 'F' - 4.42 9.06 10.43 11.85 13.32 14.47 14.95

H. MAT TAX @ 19.06% ON 'A' 2.14 6.79 7.82 8.18 8.63 9.17 9.56 9.58

I. INCOME TAX PAYABLE 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

( G or H whichever is higher)

J. LOSS CARRIED FORWARD (6.73) - - - - - - -

DEFERED TAX LIABILITY / (ASSET) 1.33 4.23 3.62 2.83 2.14 1.55 1.03 0.58

DKS

FLOCK SCHEDULE ANNEXURE - 2.6

BROODER GROWER LAYER LAYER LAYER LAYER

SHED SHED SHED-1 SHED-2 SHED-3 SHED-4

1 1 - 8 9 - 20 21 - 52 - - - 1 8 12 32 -

2 13 - 20 21 - 32 - 33 - 52 - - 1 8 12 20 -

3 25 - 32 33 - 44 - - 45 - 52 - 1 8 12 8 -

4 37 - 44 45 - 52 - - - - 1 8 8 0 -

4 32 44 60 0

1 - - 1 - 20 - - - - 0 0 20 1

2 - - - 1 - 32 - - - 0 0 32 1

3 - - - - 1- 44 - - 0 0 44 1

4 - 1 - 4 - - - 5 - 52 - 0 4 48 -

5 1 - 8 9 - 20 21 - 52 - - - 1 8 12 32 -

6 13 - 20 21 - 32 - 33 - 52 - - 1 8 12 20 -

7 25 - 32 33 - 44 - 45 - 52 - 1 8 12 8 -

8 37 - 44 45 - 52 - - - - 1 8 8 0 -

4 32 48 204 3

4 - - - - - 1 - 4 - 0 0 4 1

5 - - 1 - 20 - - - - 0 0 20 1

6 - - - 1 - 32 - - - 0 0 32 1

7 - - - - 1 - 44 - - 0 0 44 1

8 - 1 - 4 - - - 5 - 52 - 0 4 48 -

9 1 - 8 9 - 20 21 - 52 - - 1 8 12 32 -

10 13 - 20 21 - 32 - 33 - 52 - - 1 8 12 20 -

11 25 - 32 33 - 44 - 45 - 52 - 1 8 12 8 -

12 37 - 44 45 - 52 - - - - 1 8 8 0 -

4 32 48 208 4


MOUZA - KHOLA, KHANDAPADA, DIST - NAYAGARH

WEEKS

BATCHYEARBROODING

WEEKS

GROWING

WEEKS

LAYING

WEEKS

TOTAL

BATCHES

CULLED

2014-15

BATCHES

PURCHASE

D

2015-16

TOTAL

TOTAL

2016-17

DKS



WEEKS

BATCHYEARBROODING

WEEKS

GROWING

WEEKS

LAYING

WEEKS

BATCHES

CULLED

BATCHES

PURCHASE

D

8 - - - - - 1 - 4 - 0 0 4 1

9 - - 1 - 20 - - - - 0 0 20 1

10 - - - 1 - 32 - - - 0 0 32 1

11 - - - - 1 - 44 - - 0 0 44 1

12 - 1 - 4 - - - 5 - 52 - 0 4 48 -

13 1 - 8 9 - 20 21 - 52 - - 1 8 12 32 -

14 13 - 20 21 - 32 - 33 - 52 - - 1 8 12 20 -

15 25 - 32 33 - 44 - 45 - 52 - 1 8 12 8 -

16 37 - 44 45 - 52 - - - - 1 8 8 0 -

4 32 48 208 4

12 - - - - - 1 - 4 - 0 0 4 1

13 - - 1 - 20 - - - - 0 0 20 1

14 - - - 1 - 32 - - - 0 0 32 1

15 - - - - 1 - 44 - - 0 0 44 1

16 - 1 - 4 - - - 5 - 52 - 0 4 48 -

17 1 - 8 9 - 20 21 - 52 - - 1 8 12 32 -

18 13 - 20 21 - 32 - 33 - 52 - - 1 8 12 20 -

19 25 - 32 33 - 44 - 45 - 52 - 1 8 12 8 -

20 37 - 44 45 - 52 - - - - 1 8 8 0 -

4 32 48 208 4

16 - - - - - 1 - 4 - 0 0 4 1

17 - - 1 - 20 - - - - 0 0 20 1

18 - - - 1 - 32 - - - 0 0 32 1

19 - - - - 1 - 44 - - 0 0 44 1

20 - 1 - 4 - - - 5 - 52 - 0 4 48 -

21 1 - 8 9 - 20 21 - 52 - - 1 8 12 32 -

22 13 - 20 21 - 32 - 33 - 52 - - 1 8 12 20 -

23 25 - 32 33 - 44 - 45 - 52 - 1 8 12 8 -

24 37 - 44 45 - 52 - - - - 1 8 8 0 -

4 32 48 208 4

TOTAL

TOTAL

TOTAL

2017-18

2018-19

2019-20

DKS



WEEKS

BATCHYEARBROODING

WEEKS

GROWING

WEEKS

LAYING

WEEKS

BATCHES

CULLED

BATCHES

PURCHASE

D

20 - - - - - 1 - 4 - 0 0 4 1

21 - - 1 - 20 - - - - 0 0 20 1

22 - - - 1 - 32 - - - 0 0 32 1

23 - - - - 1 - 44 - - 0 0 44 1

24 - 1 - 4 - - - 5 - 52 - 0 4 48 -

25 1 - 8 9 - 20 21 - 52 - - 1 8 12 32 -

26 13 - 20 21 - 32 - 33 - 52 - - 1 8 12 20 -

27 25 - 32 33 - 44 - 45 - 52 - 1 8 12 8 -

28 37 - 44 45 - 52 - - - - 1 8 8 0 -

4 32 48 208 4

24 - - - - - 1 - 4 - 0 0 4 1

25 - - 1 - 20 - - - - 0 0 20 1

26 - - - 1 - 32 - - - 0 0 32 1

27 - - - - 1 - 44 - - 0 0 44 1

28 - 1 - 4 - - - 5 - 52 - 0 4 48 -

29 1 - 8 9 - 20 21 - 52 - - 1 8 12 32 -

30 13 - 20 21 - 32 - 33 - 52 - - 1 8 12 20 -

31 25 - 32 33 - 44 - 45 - 52 - 1 8 12 8 -

32 37 - 44 45 - 52 - - - - 1 8 8 0 -

4 32 48 208 4

2021-22

TOTAL

TOTAL

2020-21

DKS

ANNEXURE - 2.7

STATEMENT OF INCOME

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

INCOME FROM SALE OF EGGS.

No. of Laying Weeks 60 204 208 208 208 208 208 208

No. of Egg. Prodn. Per Bird per Week 6 6 6 6 6 6 6 6

Layer. Bird Strength (Nos.) per Batch 10000 10000 10000 10000 10000 10000 10000 10000

Total Egg Production (Nos.) 3600000 12240000 12480000 12480000 12480000 12480000 12480000 12480000

Sales Price per Egg (Rs.) 3.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50

Total Value of Egg (Rs. in Lacs) 126.00 428.40 436.80 436.80 436.80 436.80 436.80 436.80

Less : Closing Stock of Egg. (Rs. in Lacs) 4.20 5.60 5.60 5.60 5.60 5.60 5.60 5.60

Add: Opening Stock of Egg. (Rs. in Lacs) - 4.20 5.60 5.60 5.60 5.60 5.60 5.60

TOTAL SALE OF EGG. (Rs. in Lacs) 121.80 427.00 436.80 436.80 436.80 436.80 436.80 436.80

INCOME FROM SALE OF CULLED BIRDS

No. of Batches Culled 0 3 4 4 4 4 4 4

Bird Strength (Nos.) per Batch Culled 9500 9500 9500 9500 9500 9500 9500 9500

Total Nos. of Bird Culled 0 28500 38000 38000 38000 38000 38000 38000

Sale Price per Culled Bird (Rs.) 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00

Total Sale Value of Culls (Rs. in Lacs) - 19.95 26.60 26.60 26.60 26.60 26.60 26.60

INCOME FROM SALE OF GUNNY BAGS

Total Feed Consumption (Kgs) 744,870 1,912,380 1,944,380 1,944,380 1,944,380 1,944,380 1,944,380 1,944,380

Gunny Bag Average Size (Kg.) 50 50 50 50 50 50 50 50

Gunny Bags Availability (Nos. per Kg. of Feed) 0.0200 0.0200 0.0200 0.0200 0.0200 0.0200 0.0200 0.0200

No. of Gunnys Available 14897 38248 38888 38888 38888 38888 38888 38888

Sale price per Gunny Bag (Rs.) 8.50 8.50 8.50 8.50 8.50 8.50 8.50 8.50

Total Sale Value of Gunny Bags (Rs.in Lacs) 1.27 3.25 3.31 3.31 3.31 3.31 3.31 3.31

NAYAGARH AGRO PROJECTS PVT. LTD.MOUZA - KHOLA, KHANDAPADA, DIST - NAYAGARH

DKS

INCOME FROM SALE OF MANURE

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

BROODER

Brooder Batch Size (Nos.) 10520 10520 10520 10520 10520 10520 10520 10520

No. of Brooding Weeks 32 32 32 32 32 32 32 32

Manure per bird per week (Kg.) 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26

Manure Available (Kg.) 87526 87526 87526 87526 87526 87526 87526 87526

GROWER

Grower Batch Size (Nos.) 10204 10204 10204 10204 10204 10204 10204 10204

No. of Growing Weeks 44 48 48 48 48 48 48 48



LAYER

Layer Batch Size (Nos.) 10000 10000 10000 10000 10000 10000 10000 10000

No. of Laying Weeks 60 204 208 208 208 208 208 208



Total Manure Available (Kg.) 588055 1312430 1332030 1332030 1332030 1332030 1332030 1332030

Sale price of Manure per Kg. (Rs.) 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0.40

Total Sale Value of Manure (Rs. in Lacs) 2.35 2.35 2.35 2.35 2.35 2.35 2.35 2.35

DKS

RAW MATERIALS ANNEXURE - 2.8

Brooder Grower Layer

Feed Consumption Per Bird per week (Kgs) 0.28 0.38 0.8

Feed Cost (Kg.) 21.09 17.33 17.01

Chik Price per Pc (Rs.) 25.00

Cost of medicine per Week Per Bird (Rs.) 0.25

Insurance per Bird (Rs. Per Annum) 3.80

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

BROODER HOUSE

Brooder. Bird Strength (Nos.) 10520 10520 10520 10520 10520 10520 10520 10520

No of Brooding Weeks 32 32 32 32 32 32 32 32

Feed Consumption per Annum (Kgs) 94259 94259 94259 94259 94259 94259 94259 94259

Feed Cost (Rs. In lacs) 19.88 19.88 19.88 19.88 19.88 19.88 19.88 19.88

GROWER HOUSE

Grower. Bird Strength (Nos.) 10204 10204 10204 10204 10204 10204 10204 10204

No of Growing Weeks 44 48 48 48 48 48 48 48



LAYER HOUSE

Layer. Bird Strength (Nos.) 10000 10000 10000 10000 10000 10000 10000 10000

No of Growing Weeks 60 204 208 208 208 208 208 208



Total Feed Consumption (Kgs) 744870 1912380 1944380 1944380 1944380 1944380 1944380 1944380

Total Feed Cost (Rs. In lacs) 130.57 329.21 334.65 334.65 334.65 334.65 334.65 334.65

Chick Cost (Rs. In lacs) 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00

Cost of medicine (Rs. In lacs) 3.46 7.17 7.27 7.27 7.27 7.27 7.27 7.27

Bird Insurance (Rs. In lacs) 2.31 2.31 2.31 2.31 2.31 2.31 2.31 2.31


DKS

ANNEXURE - 2.9

VALUATION OF CLOSING STOCK

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

NO. OF BIRDS - GROWER HOUSE 10204 10204 10204 10204 10204 10204 10204 10204

VALUE OF GROWERS @ RS. 158/- (Rs. in Lacs) 23.73 23.73 23.73 23.73 23.73 23.73 23.73 23.73

NO. OF BIRDS - LAYER HOUSE (4 SHEDS) 30000 40000 40000 40000 40000 40000 40000 40000

VALUE OF LAYER @ RS. 130/- (Rs. in Lacs) 69.76 74.41 74.41 74.41 74.41 74.41 74.41 74.41

CLOSING STOCK OF EGGS for 4 Days (Rs. in Lacs) 4.20 5.60 5.60 5.60 5.60 5.60 5.60 5.60

CLOSING STOCK OF FEED for 2 Months (Rs. in Lacs) 43.52 54.87 55.78 55.78 55.78 55.78 55.78 55.78

CLOSING STOCK OF MEDICINE for 1 Months (Rs. in Lacs) 0.58 0.60 0.61 0.61 0.61 0.61 0.61 0.61

TOTAL VALUE OF CLOSING STOCK (Rs. in Lacs) 141.79 159.21 160.13 160.13 160.13 160.13 160.13 160.13

VALUATION OF GROWER & LAYER

CHICK PRICEFEED

PRICEMEDICINE

INSURANC

E

MORTALIT

Y

BIRD

Value (Rs.)

25.00 126.24 5 1.46 63.08 11.75 233

ELECTRY/LABOUR/

INTEREST/ADMIN. EXPS.


DKS

ANNEXURE - 2.10

FEED SAMPLE FORMULAE & FEED COST

1.CHICK MASH.

Ingredients Quantity(kgs) Rate per K.G. Amount

Maize 400 15 6,000.00

Broken Rice 200 14 2,800.00

Soyabean 300 34.7 10,410.00

Sunflower Cake 30 12 360.00

Till Cake 50 12 600.00

Lime Stone 20 4 80.00

Salt 3 7 21.00

DCP (Di-Calcium Phosphet) 8 50 400.00

TM (Trace Minerals) 3 70 210.00

Mineral & vitamins - 500.00

TOTAL 1014 21,381.00

Rate per K.G 21.09

2.GROWER MASH.

Ingredients Quantity Rate per K.G. Amount

Maize 310 15 4,650.00

DOB 80 4 320.00

Broken Rice 160 14 2,240.00

Soyabean 180 34.7 6,246.00

Sunflower Cake 200 12 2,400.00

Till Cake 40 12 480.00

Lime Stone 23 4 92.00

Salt 3 7 21.00

DCP 7 50 350.00

TM 1.5 70 105.00

Mineral & vitamins - - 500.00

TOTAL 1004.5 17,404.00

Rate per K.G 17.33

3.LAYER MASH.

Ingredients Quantity Rate per K.G. Amount

Maize 210 15 3,150.00

Broken Rice 190 14 2,660.00

Soyabean 180 34.7 6,246.00

Sunflower Cake 160 12 1,920.00

Till Cake 60 12 720.00

Lime Stone 110 4 440.00

Salt 3 7 21.00

DCP 6 50 300.00

DGM 80 12 960.00

TM 1.5 70 105.00

Mineral & vitamins - 500.00

TOTAL 1000.5 17,022.00

Rate per K.G 17.01

DKS


ANNEXURE - 3

PROJECTED FUND FLOW STATEMENT[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

A. SOURCES

PROFIT AFTER DEPRECIATION

BUT BEFORE INTEREST & TAX 27.79 51.42 54.47 53.51 52.51 51.45 50.34 50.26

ADD:DEPRECIATION 8.84 8.84 8.84 8.84 8.84 8.84 8.84 8.84

ADD : PRELIMINARY EXP. W/O 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

FUND FROM OPERATION 37.77 61.40 64.45 63.49 62.49 61.43 60.32 60.24

INCREASE IN :

PROMOTERS EQUITY 97.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TERM LOAN FROM BANK 175.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

CASH CREDIT 104.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

CURRENT LIABILITIES

SUNDRY CREDITORS 2.72 0.14 0.14 0.15 0.16 0.17 0.17 0.18

STATUTORY LIABILITIES 0.50 0.03 0.03 0.03 0.03 0.03 0.03 0.03

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

417.39 61.57 64.62 63.67 62.68 61.63 60.52 60.45

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

B. APPLICATIONS

CAPITAL EXPENDITURE 225.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00

CAPITAL W.I.P. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

PRELIMINARY EXPENSES 9.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00

INCREASE IN INVENTORIES

RAW MATERIALS 44.10 11.37 0.92 0.00 0.00 0.00 0.00 0.00

COMSUMABLES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

W-I-P 93.49 4.65 0.00 0.00 0.00 0.00 0.00 0.00

FINISHED GOODS 4.20 1.40 0.00 0.00 0.00 0.00 0.00 0.00

INCREASE IN S.DEBTORS 2.54 6.89 0.34 0.00 0.00 0.00 0.00 0.00

FIXED DEPOSIT WITH BANK 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ADVANCE TO SUPPLIERS 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

INCREASE IN DEPOSITS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

DECREASE IN :

TERM LOAN - BANK 0.00 16.00 20.00 24.00 28.00 32.00 55.00 0.00

PAYMENT OF INTEREST

ON TERM LOAN 16.56 15.77 13.45 10.60 7.22 3.32 0.17 0.00

ADVANCE PAYMENT OF I. TAX 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

PAYMENT OF DIVIDEND 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

398.32 62.87 43.77 45.03 47.07 48.64 69.64 14.95

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

C. SURPLUS/(DEFICIT) 19.07 (1.30) 20.85 18.64 15.61 12.99 (9.12) 45.50

D. OPENING BALANCE 0.00 19.07 17.77 38.62 57.26 72.87 85.86 76.74

E. CLOSING BALACE 19.07 17.77 38.62 57.26 72.87 85.86 76.74 122.24

DKS


ANNEXURE - 4

PROJECTED BALANCE SHEET[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

A. LIABILITIES ========== ========= ========= ========== ========= ========== ========= ======

SHARE CAPITAL

PAID UP CAPITAL 97.40 97.40 97.40 97.40 97.40 97.40 97.40 97.40

RESERVE & SURPLUS

PROFIT & LOSS ACCOUNT 7.76 32.39 60.73 90.38 121.68 154.94 189.61 224.34

SECURED LOAN

TERM LOAN BANK 159.00 139.00 115.00 87.00 55.00 0.00 0.00 0.00

(Including Back Ended State Govt. Subsidy of Rs. 50.00 Lacs)

CASH CREDIT 104.00 104.00 104.00 104.00 104.00 104.00 104.00 104.00

CURRENT LIABILITIES

SUNDRY CREDITORS 2.72 2.86 3.00 3.15 3.31 3.48 3.65 3.83

STATUTORY LIABILITIES 0.50 0.53 0.56 0.59 0.62 0.65 0.68 0.71

INSTALL. OF TETM LOAN

DUE WITHIN 1 YEAR 16.00 20.00 24.00 28.00 32.00 55.00 0.00 0.00

PROVISION FOR I. TAX 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

DEFERRED TAX LIABILITY 1.33 5.56 9.18 12.01 14.15 15.70 16.73 17.31

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

390.85 408.53 422.93 432.96 440.01 444.49 426.54 462.54

========== ========= ========= ========== ========= ========== ========= ======

B. ASSETS

FIXED ASSETS

GROSS BLOCK 225.17 225.17 225.17 225.17 225.17 225.17 225.17 225.17

LESS : DEPRECIATION 8.84 17.68 26.52 35.36 44.20 53.04 61.88 70.72

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

NET BLOCK (WDV) 216.33 207.49 198.65 189.81 180.97 172.13 163.29 154.45

CAPITAL W.I.P. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 CURRENT ASSETS :

INVENTORY

RAW MATERIALS 44.10 55.47 56.39 56.39 56.39 56.39 56.39 56.39

COMSUMABLES - - - - - - - -

W-I-P 93.49 98.14 98.14 98.14 98.14 98.14 98.14 98.14

FINISHED GOODS 4.20 5.60 5.60 5.60 5.60 5.60 5.60 5.60

SUNDRY DEBTORS 2.54 9.43 9.77 9.77 9.77 9.77 9.77 9.77

CASH & BANK BALANCE 19.07 17.77 38.62 57.26 72.87 85.86 76.74 122.24

FIXED DEPOSIT WITH BANK 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ADVANCE TO SUPPLIERS 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00

ADVANCE PAYMENT OF TAX 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

SECURITY DEPOSIT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

PRELIMINARY EXPENSES 7.98 6.84 5.70 4.56 3.42 2.28 1.14 0.00

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

390.85 408.53 422.93 432.96 440.01 444.49 426.54 462.54

========== ========= ========= ========== ========= ========== ========= ======

DKS


ANNEXURE - 5

PROJECTED BREAK EVEN ANALYSIS [Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

1. CAPACITY SALES 469.06 469.06 469.06 469.06 469.06 469.06 469.06 469.06

CAPACITY UTILISATION 27% 96% 100% 100% 100% 100% 100% 100%

PROJECTED SALES 125.42 452.55 469.06 469.06 469.06 469.06 469.06 469.06

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

2. VARIABLE COST

RAWMATERIALS 144.03 346.38 351.92 351.92 351.92 351.92 351.92 351.92

CONSUMABLES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ADD : OPENING S.I.P. 0.00 93.49 98.14 98.14 98.14 98.14 98.14 98.14

LESS : CLOSING S.I.P. (93.49) (98.14) (98.14) (98.14) (98.14) (98.14) (98.14) (98.14)

ADD : OPENING F.G. 0.00 4.20 5.60 5.60 5.60 5.60 5.60 5.60

LESS : CLOSING F.G. (4.20) (5.60) (5.60) (5.60) (5.60) (5.60) (5.60) (5.60)

POWER & FUEL 4.20 6.30 6.93 6.93 6.93 6.93 6.93 6.93

BIRDS INSURANCE 2.31 2.31 2.31 2.31 2.31 2.31 2.31 2.31

DIRECT WAGES 10.95 11.50 12.08 12.68 13.31 13.98 14.68 14.68

INTEREST ON WORKING CAPITAL 13.78 13.78 13.78 13.78 13.78 13.78 13.78 13.78

SELLING EXPENSES 2.51 9.05 9.38 9.38 9.38 9.38 9.38 9.38

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

80.09 383.27 396.40 397.00 397.63 398.30 399.00 399.00

------------------ ----------------- ----------------- ------------------ ----------------- ------------------- ---------------- -----------

3. CONTRIBUTION 45.33 69.28 72.66 72.06 71.43 70.76 70.06 70.06

4. FIXED COST 34.10 33.63 31.64 29.15 26.14 22.63 19.89 19.80

5. PROFIT VOLUME RATIO 36.14% 15.31% 15.49% 15.36% 15.23% 15.09% 14.94% 14.94%

6. BREAK EVEN SALES 94.35 219.68 204.26 189.75 171.66 150.01 133.17 132.56

7. B.E.P. AS A PERCENTAGE

a] OF PROJECTED SALES 75.23% 48.54% 43.55% 40.45% 36.60% 31.98% 28.39% 28.26%

b] OF CAPACITY SALES 20.11% 46.83% 43.55% 40.45% 36.60% 31.98% 28.39% 28.26%

DKS


ANNEXURE - 6

PROJECTED INTERNAL RATE OF RETURN (IRR)[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

Cash Accrual 17.74 34.61 38.32 39.63 41.28 43.24 44.65 44.71

Interest 16.56 15.77 13.45 10.60 7.22 3.32 0.17 -

Interest during Construction - - - - - - - -

Any Other Profit - - - - - - - -

Total Inflows 34.30 50.38 51.77 50.23 48.50 46.56 44.82 44.71

Capital Expenditure 234.29 - - - - - - -

Normal Capital Employed

Increase in CA

Margin Money for WC -

Total Outflow 234.29 - - - - - - -

Net Inflow (199.99) 50.38 51.77 50.23 48.50 46.56 44.82 44.71

IRR 16%

PAYBACK PERIOD 5 YEARS

DKS


ANNEXURE - 7

PROJECTED SECURITY MARGIN & ASSET COVERAGE RATIO[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

WDV of Fixed Assets 216.33 207.49 198.65 189.81 180.97 172.13 163.29 #####

TL Outstanding 175.00 159.00 139.00 115.00 87.00 55.00 - -

Margin Available 41.33 48.49 59.65 74.81 93.97 117.13 163.29 #####

Security Margin % 19% 23% 30% 39% 52% 68% 100% 100%

Asset Coverage Ratio 1.24 1.30 1.43 1.65 2.08 3.13 100.00 #####

DKS


ANNEXURE - 8

PROJECTED DEBT SERVICE COVERAGE RATIO (DSCR) [Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

A. SALES 125.42 452.55 469.06 469.06 469.06 469.06 469.06 #####

TOTAL 3,392

B. OPERATING COST 83.85 387.35 400.81 401.77 402.77 403.83 404.94 #####

TOTAL 2,890

C. OPERATING PROFIT 41.57 65.20 68.25 67.29 66.29 65.23 64.12 64.04

D. INTEREST

TERM LOAN 16.56 15.77 13.45 10.60 7.22 3.32 0.17 -


E. PROFIT BEFORE TAX 11.23 35.65 41.02 42.91 45.29 48.13 50.17 50.26

F. PROVISION FOR TAX 3.47 11.02 12.68 13.26 13.99 14.87 15.50 15.53

G. PROFIT AFTER TAX 7.76 24.63 28.34 29.65 31.30 33.26 34.67 34.73

H. DIVIDEND PAID - - - - - - - -

I. RETAINED PROFIT 7.76 24.63 28.34 29.65 31.30 33.26 34.67 34.73

J. CASH ACCRUAL 19.07 38.84 41.94 42.46 43.42 44.79 45.68 45.29

K. TERM LOAN INSTALLMENTS - 16.00 20.00 24.00 28.00 32.00 5.00 -

L. CASH ACCRUAL+TL INTEREST 35.63 54.61 55.39 53.06 50.64 48.11 45.85 45.29

TOTAL #####

M. TL INSTALLMENTS+TL INTEREST 16.56 31.77 33.45 34.60 35.22 35.32 5.17 -

TOTAL #####

N. D.S.C.R 2.15 1.72 1.66 1.53 1.44 1.36 8.87 #DIV/0!

O. DSCR (AVREAGE) 2.02

DKS


ANNEXURE - 9

PROJECTED SENSITIVE ANALYSES : DSCR

(Sales Reduced by 7.55% )[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

A. SALES 115.95 418.39 433.65 433.65 433.65 433.65 433.65 #####

TOTAL 3,136

B. OPERATING COST 83.85 387.35 400.81 401.77 402.77 403.83 404.94 #####

TOTAL 2,890


D. INTEREST

TERM LOAN 16.56 15.77 13.45 10.60 7.22 3.32 0.17 -



F. PROVISION FOR TAX-30.90% 0.54 0.46 1.73 2.32 3.05 3.93 4.56 4.59




J. CASH ACCRUAL 11.20 11.01 13.86 15.16 16.81 18.77 20.18 20.24



TOTAL #####


TOTAL #####

N. D.S.C.R 1.68 0.84 0.82 0.74 0.68 0.63 3.94 #DIV/0!


DKS


ANNEXURE -10

PROJECTED SENSITIVE ANALYSES : DSCR

( Expenditures increased by 6.52% )[Rs.in Lacs]

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

========== ========= ========= ========== ========= ========== ========= ======

A. SALES 125.42 452.55 469.06 469.06 469.06 469.06 469.06 #####

TOTAL 3,392

B. OPERATING COST 89.32 412.60 426.94 427.96 429.02 430.15 431.34 #####

TOTAL 3,079


D. INTEREST

TERM LOAN 16.56 15.77 13.45 10.60 7.22 3.32 0.17 -



F. PROVISION FOR TAX-30.90% 1.78 3.21 4.60 5.17 5.88 6.74 7.35 7.37




J. CASH ACCRUAL 13.96 17.17 20.27 21.53 23.13 25.05 26.41 26.47



TOTAL #####


TOTAL #####

N. D.S.C.R 1.84 1.04 1.01 0.93 0.86 0.80 5.14 #DIV/0!


DKS

OF

MOUZA - KHOLA, KHANDAPADA, DIST - NAYAGARH

ASSESSMENT OF WORKING CAPITAL REQUIREMENTS

FORM II - OPERATING STATEMENT

Name: NAYAGARH AGRO PROJECTS PVT. LTD.

Amounts in Rs. Lacs

Projections Projections Projections Projections Projections Projections Projections Projections

Financial Year ended / ending 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

No.of months 12 12 12 12 12 12 12 12

1. Gross Sales

i. Domestic Sales 125.42 452.55 469.06 469.06 469.06 469.06 469.06 469.06

ii. Export Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total 125.42 452.55 469.06 469.06 469.06 469.06 469.06 469.06

2. Less Excise Duty 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3. Net Sales (1 - 2) 125.42 452.55 469.06 469.06 469.06 469.06 469.06 469.06

4. % age rise (+) or fall (-) in net sales

as compared to previous year (annualised ) 260.83% 3.65% 0.00% 0.00% 0.00% 0.00% 0.00%

5. Cost of Sales

i. Raw materials (including stores and

other items used in the process of

manufacture) 144.03 346.38 351.92 351.92 351.92 351.92 351.92 351.92

a. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Indigenous 144.03 346.38 351.92 351.92 351.92 351.92 351.92 351.92

ii. Other Spares 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

a. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Indigenous 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iii. Power and Fuel 4.20 6.30 6.93 6.93 6.93 6.93 6.93 6.93

iv. Direct Labour (Factory wages & salaries) 10.95 11.50 12.08 12.68 13.31 13.98 14.68 14.68

v. Other manufacturing expenses 6.87 7.04 7.22 7.41 7.61 7.82 8.04 8.12

vi. Depreciation 8.84 8.84 8.84 8.84 8.84 8.84 8.84 8.84

vii. Sub-total (i to vi) 174.89 380.06 386.99 387.78 388.61 389.49 390.41 390.49

viii. Add: Opening Stock-in-process 0.00 93.49 98.14 98.14 98.14 98.14 98.14 98.14

Sub-total (vii + viii) 174.89 473.55 485.13 485.92 486.75 487.63 488.55 488.63

ix. Deduct: Closing Stock-in-process 93.49 98.14 98.14 98.14 98.14 98.14 98.14 98.14

x. Cost of Production 81.40 375.41 386.99 387.78 388.61 389.49 390.41 390.49

xi. Add: Opening Stock of finished goods 0.00 4.20 5.60 5.60 5.60 5.60 5.60 5.60

Sub-total (x + xi) 81.40 379.61 392.59 393.38 394.21 395.09 396.01 396.09

xii. Deduct: Closing Stock of finished goods 4.20 5.60 5.60 5.60 5.60 5.60 5.60 5.60

xiii. Sub-total (Total Cost of Sales) 77.20 374.01 386.99 387.78 388.61 389.49 390.41 390.49

DKS

6. Selling, general and administrative expenses 5.51 12.20 12.68 12.85 13.02 13.20 13.39 13.39

7. Sub-total (5 + 6) 82.71 386.21 399.67 400.63 401.63 402.69 403.80 403.88

8. Operating Profit before Interest (3 - 7) 42.71 66.34 69.39 68.43 67.43 66.37 65.26 65.18

9. Interest 30.34 29.55 27.23 24.38 21.00 17.10 13.95 13.78

10. Operating Profit after Interest (8 - 9) 12.37 36.79 42.16 44.05 46.43 49.27 51.31 51.40

11. i. Add: Other non-operating Income

a. Sale of Fixed Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

c.

d.

Sub-total (Income) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ii. Deduct: Other non-operating expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

a. Miscellaneous Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. PRELIMINARY EXP. W/O 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14

c.

d.

Sub-total (Expenses) 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14

iii. Net of other non-operating income / 2.00 3.00 4.00

expenses [net of 11(i) & 11(ii)] -1.14 -1.14 -1.14 -1.14 -1.14 -1.14 -1.14 -1.14

12. Profit before tax/loss [10 + 11(iii)] 11.23 35.65 41.02 42.91 45.29 48.13 50.17 50.26

13. a) Provision for taxes 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

b) Deferred for Tax Liability(-) Assets(+) -1.33 -4.23 -3.62 -2.83 -2.14 -1.55 -1.03 -0.58

14. Net Profit / Loss (12 -13) 7.76 24.63 28.34 29.65 31.30 33.26 34.67 34.73

15. a. Equity dividend paid-amount

(Already paid + B.S. provision) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Dividend Rate (% age) 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

c. Other Appropriations

16. Retained Profit (14 - 15) 7.76 24.63 28.34 29.65 31.30 33.26 34.67 34.73

17. Retained Profit / Net Profit (% age) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

CASH ACCRUAL 16.60 33.47 37.18 38.49 40.14 42.10 43.51 43.57

DKS

FORM III - ANALYSIS OF BALANCE SHEET

LIABILITIES


Amounts in Rs. Lacs



No.of months 12 12 12 12 12 12 12 12

CURRENT LIABILITIES

1. Short-term borrowing from banks (including

bills purchased, discounted & excess

borrowing placed on repayment basis)

i. State Bank of India 104.00 104.00 104.00 104.00 104.00 104.00 104.00 104.00

ii. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iii. (of which BP & BD) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Sub-total [i + ii] (A) 104.00 104.00 104.00 104.00 104.00 104.00 104.00 104.00

2. Short term borrowings from others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3. Sundry Creditors (Trade) 2.72 2.86 3.00 3.15 3.31 3.48 3.65 3.83

4. Advance payments from customers /

deposits from dealers 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

5. Provision for taxation 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

6. Dividend payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7. Other statutory liabilities (due within 1 year) 0.50 0.53 0.56 0.59 0.62 0.65 0.68 0.71

8. Deposits / instalments of term loans /

DPGs / debentures etc. (due within 1 year) 16.00 20.00 24.00 28.00 32.00 55.00 0.00 0.00

9. Other current liabilities & provisions

(due within 1 year) - specify major items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

a. Other Outstanding Liabilities payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Other Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

c. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

d. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Sub total [2 to 9] (B) 21.36 30.18 36.62 42.17 47.78 72.45 18.80 19.49

10. Total current liabilities [A + B] 125.36 134.18 140.62 146.17 151.78 176.45 122.80 123.49

DKS

TERM LIABILITIES

11. Debentures (not maturing within 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

12. Preference Shares (redeemable after 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

13. Term loans (excluding instalments

payable within 1 year) 159.00 139.00 115.00 87.00 55.00 0.00 0.00 0.00

14. Deferred Payment Credits (excluding

instalments due within 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

15. Term deposits (repayable after 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

16. Other term liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

17. Total Term Liabilities [11 to 16] 159.00 139.00 115.00 87.00 55.00 0.00 0.00 0.00

18. Total Outside Liabilities [10 + 17] 284.36 273.18 255.62 233.17 206.78 176.45 122.80 123.49

NET WORTH

19. Ordinary Share Capital 97.40 97.40 97.40 97.40 97.40 97.40 97.40 97.40

20. General Reserve 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

21. Revaluation Reserve 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

22. Other Reserves (excluding Provisions) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

23. Surplus (+) or deficit (-) in Profit & Loss a/c 7.76 32.39 60.73 90.38 121.68 154.94 189.61 224.34

23. a. Share Application money 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Share Premium Account 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

c. Deferred Tax Liability A/c 1.33 5.56 9.18 12.01 14.15 15.70 16.73 17.31

d. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

e. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

24. Net Worth 106.49 135.35 167.31 199.79 233.23 268.04 303.74 339.05

25. TOTAL LIABILITIES [18 + 24] 390.85 408.53 422.93 432.96 440.01 444.49 426.54 462.54

DKS

FORM III - ANALYSIS OF BALANCE SHEET (Continued)

ASSETS

Amounts in Rs. Lacs




No.of months 12 12 12 12 12 12 12 12

CURRENT ASSETS

26. Cash and Bank Balances 19.07 17.77 38.63 57.27 72.88 85.87 76.76 122.26

27. Investments (other than long term) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

i. Govt. and other trustee securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ii. Fixed Deposits with banks 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

28. i. Receivables other than deferred &

exports (incldg. bills purchased and

discounted by banks) 2.54 9.43 9.77 9.77 9.77 9.77 9.77 9.77

ii. Export receivables (incldg. bills

purchased/discounted by banks) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

29. Instalments of deferred receivables

(due within 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

30. Inventory: 141.79 159.21 160.13 160.13 160.13 160.13 160.13 160.13



manufacture) 44.10 55.47 56.39 56.39 56.39 56.39 56.39 56.39

a. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Indigenous 44.10 55.47 56.39 56.39 56.39 56.39 56.39 56.39

ii. Stocks-in-process 93.49 98.14 98.14 98.14 98.14 98.14 98.14 98.14

iii. Finished goods 4.20 5.60 5.60 5.60 5.60 5.60 5.60 5.60

iv. Other consumable spares 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

a. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Indigenous 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

31. Advances to suppliers of raw materials

and stores/spares 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00

32. Advance payment of taxes 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

33. Other current assets (specify major items) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

a. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

c. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

d. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

34. Total Current Assets (26 to 33) 166.54 194.20 218.59 238.60 255.63 270.09 262.13 308.11

DKS

FIXED ASSETS

35. Gross Block (land, building, machinery,

work-in-progress) 225.17 225.17 225.17 225.17 225.17 225.17 225.17 225.17

36. Depreciation to date 8.84 17.68 26.52 35.36 44.20 53.04 61.88 70.72

37. Net Block (35 - 36) 216.33 207.49 198.65 189.81 180.97 172.13 163.29 154.45

OTHER NON-CURRENT ASSETS

38. Investments/book debts/advances/deposits

which are not current assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

i. a. Investments in subsidiary

companies / affiliates 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ii. Advances to suppliers of capital goods

and contractors 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iii. Deferred receivables (maturity

exceeding 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iv. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

a. Security Deposit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Sales Tax under Appeal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

c. Tax Deducted at Source 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

d. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

39. Non-consumable stores and spares 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

40. Other non-current assets including

dues from directors 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

41. Total Other Non-current Assets (38 to 40) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

42. Intangible Assets (patents, good will,

prelim.expenses, bad / doubtful debts not

provided for, etc. 7.98 6.84 5.70 4.56 3.42 2.28 1.14 0.00

43. Total Assets (34+37+41+42) 390.85 408.53 422.94 432.97 440.02 444.50 426.56 462.56

44. Tangible Net Worth (24 - 42) 98.51 128.51 161.61 195.23 229.81 265.76 302.60 339.05

45. Net Working Capital (34 - 10) 41.18 60.02 77.97 92.43 103.85 93.64 139.33 184.62

46. Current Ratio (34 / 10) 1.33 1.45 1.55 1.63 1.68 1.53 2.13 2.50

47. Total OUTSIDE Liabilities / Tangible

Net Worth (18 / 44) 2.89 2.13 1.58 1.19 0.90 0.66 0.41 0.36

48. Total TERM Liabilities / Tangible

Net Worth (17 / 44) 1.61 1.08 0.71 0.45 0.24

RATIOS NET OF REVALUATION

RESERVES

49. TANGIBLE NET WORTH (24-21-42) 98.51 128.51 161.61 195.23 229.81 265.76 302.60 339.05

50. TOTAL OUTSIDE LIAB/TNW 2.89 2.13 1.58 1.19 0.90 0.66 0.41 0.36

51. TOTAL TERM LIAB/TNW 1.61 1.08 0.71 0.45 0.24 0.00 0.00 0.00

DKS

FORM IV

COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES


Amounts in Rs. Lacs


Year 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

A. CURRENT ASSETS

1. Raw materials (incl. stores & other items

used in the process of manufacture)

a. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Month's Consumption

b. Indigenous 44.10 55.47 56.39 56.39 56.39 56.39 56.39 56.39

Month's Consumption (3.67) (1.92) (1.92) (1.92) (1.92) (1.92) (1.92) (1.92)2. Other Consumable spares, excluding

those included in 1 above

a. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Month's Consumption

b. Indigenous 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Month's Consumption

3. Stock-in-process 93.49 98.14 98.14 98.14 98.14 98.14 98.14 98.14

Month's cost of production (13.78) (3.14) (3.04) (3.04) (3.03) (3.02) (3.02) (3.02)4. Finished goods 4.20 5.60 5.60 5.60 5.60 5.60 5.60 5.60

Month's cost of sales (0.65) (0.18) (0.17) (0.17) (0.17) (0.17) (0.17) (0.17)5. Receivables other than export & deferred

receivables (incl. bills purchased &

discounted by bankers) 2.54 9.43 9.77 9.77 9.77 9.77 9.77 9.77

Month's domestic sales: excluding

deferred payment sales (0.24) (0.25) (0.25) (0.25) (0.25) (0.25) (0.25) (0.25)6. Export receivables (incl. bills purchased

and discounted) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Month's export sales

7. Advances to suppliers of raw materials &

stores / spares, consumables 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00

8. Other current assets incl. cash & bank

balances & deferred receivables due

within one year 21.21 24.56 47.69 67.70 84.73 99.19 91.23 137.21Cash and Bank Balances 19.07 17.77 38.63 57.27 72.88 85.87 76.76 122.26

Investments (other than long term): 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00i. Govt. and other trustee securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ii. Fixed Deposits with banks 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Instalments of deferred receivables

(due within 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Advance payment of taxes 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

Other current assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

9. Total Current Assets 166.54 194.20 218.59 238.60 255.63 270.09 262.13 308.11

(To agree with item 34 in Form III)DKS

FORM IV

COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES


Amounts in Rs. Lacs


Year 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

B. CURRENT LIABILITIES

(Other than bank borrowings for working capital)

10. Creditors for purchase of raw materials,

stores & consumable spares 2.72 2.86 3.00 3.15 3.31 3.48 3.65 3.83

Month's purchases (0.10) (0.10) (0.11) (0.11) (0.12) (0.12) (0.13)11. Advances from customers 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

12. Statutory liabilities 0.50 0.53 0.56 0.59 0.62 0.65 0.68 0.71

13. Other current liabilities: 18.14 26.79 33.06 38.43 43.85 68.32 14.47 14.95

Short term borrowings from others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Provision for taxation 2.14 6.79 9.06 10.43 11.85 13.32 14.47 14.95

Dividend payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Deposits / instalments of term loans / DPGs

/ debentures etc. (due within 1 year) 16.00 20.00 24.00 28.00 32.00 55.00 0.00 0.00

Other current liabilities & provisions

(due within 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

14. Total (To agree with total B of Form-III) 21.36 30.18 36.62 42.17 47.78 72.45 18.80 19.49

DKS

FORM VI

FUNDS FLOW STATEMENT


Amounts in Rs. Lacs

Projections Projections Projections Projections Projections Projections Projections

Year 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

1. SOURCES

a. Net Profit 24.63 28.34 29.65 31.30 33.26 34.67 34.73

b. Depreciation 8.84 8.84 8.84 8.84 8.84 8.84 8.84

c. Increase in Capital 0.00 0.00 0.00 0.00 0.00 0.00 0.00

d. Increase in Term Liabilities

(including Public Deposits) 0.00 0.00 0.00 0.00 0.00 0.00 0.00

e. Decrease in

i. Fixed Assets

ii. Other non-current Assets 1.14 1.14 1.14 1.14 1.14 1.14 1.14

f. Others 4.23 3.62 2.83 2.14 1.55 1.03 0.58

g. TOTAL 38.84 41.94 42.46 43.42 44.79 45.68 45.29

2. USES

a. Net loss

b. Decrease in Term Liabilities

(including Public Deposits) 20.00 24.00 28.00 32.00 55.00 0.00 0.00

c. Increase in

i. Fixed Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ii. Other non-current Assets

d. Dividend Payments 0.00 0.00 0.00 0.00 0.00 0.00 0.00

e. Others

f. TOTAL 20.00 24.00 28.00 32.00 55.00 0.00 0.00

DKS

3. Long Term Surplus (+) / Deficit (-) [1-2] 18.84 17.94 14.46 11.42 -10.21 45.68 45.29

4. Increase/decrease in current assets

* (as per details given below) 27.66 24.39 20.01 17.03 14.46 -7.96 45.98

5. Increase/decrease in current liabilities

other than bank borrowings 8.82 6.44 5.55 5.61 24.67 -53.65 0.69

6. Increase/decrease in working capital gap 18.84 17.95 14.46 11.42 -10.21 45.69 45.29

7. Net Surplus / Deficit (-) [3-6] 0.00 -0.01 0.00 0.00 0.00 -0.01 0.00

8. Increase/decrease in bank borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00

9. Increase/decrease in NET SALES 327.13 16.51 0.00 0.00 0.00 0.00 0.00

* Break up of item-4

i. Increase/decrease in Raw Materials 11.37 0.92 0.00 0.00 0.00 0.00 0.00

ii. Increase/decrease in Stocks-in-Process 4.65 0.00 0.00 0.00 0.00 0.00 0.00

iii. Increase/decrease in Finished Goods 1.40 0.00 0.00 0.00 0.00 0.00 0.00

iv. Increase/decrease in Receivables

a) Domestic 6.89 0.34 0.00 0.00 0.00 0.00 0.00

b) Export 0.00 0.00 0.00 0.00 0.00 0.00 0.00

v. Increase/decrease in Stores & Spares 0.00 0.00 0.00 0.00 0.00 0.00 0.00

vi. Increase/decrease in other current assets 3.35 23.13 20.01 17.03 14.46 -7.96 45.98

TOTAL 27.66 24.39 20.01 17.03 14.46 -7.96 45.98

DKS


Amounts in Rs. Lacs

Year 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Total Current Assets 194.20 218.59 238.60 255.63 270.09 262.13 308.11

Current Liabilities (Other than Bank

Borrowing) 30.18 36.62 42.17 47.78 72.45 18.80 19.49

Working Capital Gap 164.02 181.97 196.43 207.85 197.64 243.33 288.62

Net Working Capital (Actual /Prjojected) 60.02 77.97 92.43 103.85 93.64 139.33 184.62Assessed Bank Finance (ABF) 104.00 104.00 104.00 104.00 104.00 104.00 104.00

NWC/TCA (%) 30.91% 35.67% 38.74% 40.63% 34.67% 53.15% 59.92%

Bank Finance to TCA (%) 53.55% 47.58% 43.59% 40.68% 38.51% 39.67% 33.75%

Other CL/TCA (%) 15.54% 16.75% 17.67% 18.69% 26.82% 7.17% 6.33%

S. Creditors /TCA (%) 1.47% 1.37% 1.32% 1.29% 1.29% 1.39% 1.24%

Inv./NS (Days) 128.41 124.61 124.61 124.61 124.61 124.61 124.61

Rec./ Gross Sales (Days) 7.61 7.60 7.60 7.60 7.60 7.60 7.60

S. Creditors /Purchase (Days) 3.12 3.12 3.27 3.43 3.61 3.79 3.97

ASSESSED BANK FINANCE

DKS

PERFORMANCE & FINANCIAL INDICATORS


Amounts in Rs. Lacs

As on 31st March: 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Net sales 125.42 452.55 469.06 469.06 469.06 469.06 469.06 469.06

Operating Profit 42.71 66.34 69.39 68.43 67.43 66.37 65.26 65.18

Net Other Income -1.14 -1.14 -1.14 -1.14 -1.14 -1.14 -1.14 -1.14

Profit Before Tax 11.23 35.65 41.02 42.91 45.29 48.13 50.17 50.26

PBT/NS (%) 8.95% 7.88% 8.75% 9.15% 9.66% 10.26% 10.70% 10.72%

Profit After Tax 7.76 24.63 28.34 29.65 31.30 33.26 34.67 34.73

Cash Accruals 16.60 33.47 37.18 38.49 40.14 42.10 43.51 43.57

Paid Up Capital 97.40 97.40 97.40 97.40 97.40 97.40 97.40 97.40

Tangible Net Worth 98.51 128.51 161.61 195.23 229.81 265.76 302.60 339.05

Adj TNW (Excl. Invest/Loans in Subsidiaries) 98.51 128.51 161.61 195.23 229.81 265.76 302.60 339.05

TOL/TNW 2.89 2.13 1.58 1.19 0.90 0.66 0.41 0.36

Total Term Lia./TNW 1.61 1.08 0.71 0.45 0.24 0.00 0.00 0.00

Current Ratio 1.33 1.45 1.55 1.63 1.68 1.53 2.13 2.50

Total Tangible Assets (TTA) 382.87 401.69 417.24 428.41 436.60 442.22 425.42 462.56

EFFICIENCY RATIOS : 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Net Sales/TTA (Times) 0.33 1.13 1.12 1.09 1.07 1.06 1.10 1.01

PBT/TTA (%) 2.93% 8.88% 9.83% 10.02% 10.37% 10.88% 11.79% 10.87%

Operating Cost/NS (%) 65.95% 85.34% 85.21% 85.41% 85.62% 85.85% 86.09% 86.10%

Bank Fin./Curr. Assets (%) 62.45% 53.55% 47.58% 43.59% 40.68% 38.51% 39.67% 33.75%

Inv. +Rec./NS (Days) 420 136 132 132 132 132 132 132

LIQUIDITY RATIOS 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Current Ratio 1.33 1.45 1.55 1.63 1.68 1.53 2.13 2.50

Acid Test Ratio 0.20 0.26 0.42 0.54 0.63 0.62 0.83 1.20

Bank Finance to WCG (%) 71.64% 63.41% 57.15% 52.95% 50.04% 52.62% 42.74% 36.03%

LEVERAGE RATIOS 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Debt : Equity Ratio 1.61 1.08 0.71 0.45 0.24 0.00 0.00 0.00

TOL/TNW 2.89 2.13 1.58 1.19 0.90 0.66 0.41 0.36

Debt : Assets Ratio 0.42 0.35 0.28 0.20 0.13 0.00 0.00 0.00

Fixed Assets Coverage Ratio 0.73 0.67 0.58 0.46 0.30 0.00 0.00 0.00

Interest Coverage Ratio 1.66 2.51 2.83 3.12 3.58 4.33 5.23 5.29

DKS

TURNOVER RATIOS 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Inventory Turnover Period (DAYS) 413 128 125 125 125 125 125 125

Average Collection Period (DAYS) 7 8 8 8 8 8 8 8

Total Assets Turnover (TIMES) 0.33 1.13 1.12 1.09 1.07 1.06 1.10 1.01

Average Credit Period (DAYS) 3 3 3 3 4 4 4

Bank Finance Turnover 1.21 4.35 4.51 4.51 4.51 4.51 4.51 4.51

Current Assets Turnover 0.75 2.33 2.15 1.97 1.83 1.74 1.79 1.52

PROFITABILITY RATIOS 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Net Profit Margin (%) 6.19% 5.44% 6.04% 6.32% 6.67% 7.09% 7.39% 7.40%

Net Income : Assets Ratio (%) 2.03% 6.13% 6.79% 6.92% 7.17% 7.52% 8.15% 7.51%

Return on Investment (ROCE)(%) 13.17% 18.43% 18.48% 17.77% 17.21% 16.75% 17.15% 15.76%

Return on Equity (%) 7.97% 25.29% 29.10% 30.44% 32.13% 34.15% 35.59% 35.66%

Operating Profitability (%) 34.05% 14.66% 14.79% 14.59% 14.38% 14.15% 13.91% 13.90%

Pre-Tax Profitability (%) 8.95% 7.88% 8.75% 9.15% 9.66% 10.26% 10.70% 10.72%

PBT/TTA (%) 2.93% 8.88% 9.83% 10.02% 10.37% 10.88% 11.79% 10.87%

STRUCTURAL RATIOS 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

Retained Profit (%) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Raw Material Content (%) 176.94% 92.27% 90.94% 90.75% 90.56% 90.35% 90.14% 90.12%

OC/Sales (%) 65.95% 85.34% 85.21% 85.41% 85.62% 85.85% 86.09% 86.10%

DKS

DATA ANALYSIS


OPERATING STATEMENT

Amounts in Rs. Lacs

ProjectionsProjectionsProjections Projections Projections Projections Projections Projections

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

12 12 12 12 12 12 12 12

Excise Duty : Gross Sales 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Annual Growth in Net Sales 260.83% 3.65% 0.00% 0.00% 0.00% 0.00% 0.00%

1 RATIO OF NET SALES TO :



manufacture) 114.84% 76.54% 75.03% 75.03% 75.03% 75.03% 75.03% 75.03%

a. Imported 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

b. Indigenous 114.84% 76.54% 75.03% 75.03% 75.03% 75.03% 75.03% 75.03%

ii. Other Spares 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

a. Imported 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

b. Indigenous 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Power and Fuel 3.35% 1.39% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48%

iv. Direct Labour (Factory wages & salaries) 8.73% 2.54% 2.58% 2.70% 2.84% 2.98% 3.13% 3.13%

v. Other manufacturing expenses 5.48% 1.56% 1.54% 1.58% 1.62% 1.67% 1.71% 1.73%

vi. Depreciation 7.05% 1.95% 1.88% 1.88% 1.88% 1.88% 1.88% 1.88%

vii. Selling, general and administrative expenses 0.80% 0.22% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21%

viii. Interest 24.19% 6.53% 5.81% 5.20% 4.48% 3.65% 2.97% 2.94%

DKS

2 COMPOSITION OF COST OF SALES :



manufacture) 186.57% 92.61% 90.94% 90.75% 90.56% 90.35% 90.14% 90.12%

a. Imported 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

b. Indigenous 186.57% 92.61% 90.94% 90.75% 90.56% 90.35% 90.14% 90.12%

ii. Other Spares 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

a. Imported 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

b. Indigenous 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Power and Fuel 5.44% 1.68% 1.79% 1.79% 1.78% 1.78% 1.78% 1.77%

iv. Direct Labour (Factory wages & salaries) 14.18% 3.07% 3.12% 3.27% 3.43% 3.59% 3.76% 3.76%

v. Other manufacturing expenses 8.90% 1.88% 1.87% 1.91% 1.96% 2.01% 2.06% 2.08%

vi. Depreciation 11.45% 2.36% 2.28% 2.28% 2.27% 2.27% 2.26% 2.26%

vii. Accretion/Depletion in SIP & FG Stocks -126.54% -1.62% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

CHECK TOTAL 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

3 PERCENTAGE GROWTHS :

i. Gross Sales 260.83% 3.65% 0.00% 0.00% 0.00% 0.00% 0.00%

ii. Gross Domestic Sales 260.83% 3.65% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Gross Exports

iv. Net Sales 260.83% 3.65% 0.00% 0.00% 0.00% 0.00% 0.00%

v. Total Raw Materials 140.49% 1.60% 0.00% 0.00% 0.00% 0.00% 0.00%

vi. Imported Raw Materials

vii. Indegenous Raw Materials 140.49% 1.60% 0.00% 0.00% 0.00% 0.00% 0.00%

viii. Other Spares

ix. Imported Spares

x. Indegenous Spares

xi. Power and Fuel 50.00% 10.00% 0.00% 0.00% 0.00% 0.00% 0.00%

xii. Direct Labour (Factory wages & salaries) 5.02% 5.04% 4.97% 4.97% 5.03% 5.01% 0.00%

xiii. Other manufacturing expenses 2.47% 2.56% 2.63% 2.70% 2.76% 2.81% 1.00%

xiv. Depreciation 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

xv. Selling, general and administrative expenses 121.42% 3.93% 1.34% 1.32% 1.38% 1.44% 0.00%

xvi. Interest -2.60% -7.85% -10.47% -13.86% -18.57% -18.42% -1.22%

DKS

4 Non-Operating Income / Net Sales 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

5 Non-Operating Income / PBT 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

6 Net Profit / PBT 69.10% 69.09% 69.09% 69.10% 69.11% 69.10% 69.11% 69.10%

7 Retained Profit / Net Profit 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

8 Cash Accrual / Net Sales 13.24% 7.40% 7.93% 8.21% 8.56% 8.98% 9.28% 9.29%

9 Average Cost of Borrowings 10.87% 11.24% 11.21% 11.13% 10.99% 10.75% 13.41% 13.25%

BALANCE SHEET

1 COMPOSITION OF CURRENT LIABILITIES

i. Short-term borrowing from banks 82.96% 77.51% 73.96% 71.15% 68.52% 58.94% 84.69% 84.22%

ii. Short term borrowings from others 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Sundry Creditors (Trade) 2.17% 2.13% 2.13% 2.16% 2.18% 1.97% 2.97% 3.10%

iv. Advance payments from customers 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

v. Provision for taxation 1.71% 5.06% 6.44% 7.14% 7.81% 7.55% 11.78% 12.11%

vi. Dividend payable 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

vii. Other statutory liabilities (due within 1 year) 0.40% 0.39% 0.40% 0.40% 0.41% 0.37% 0.55% 0.57%

viii. Instalments payable within 1 year 12.76% 14.91% 17.07% 19.16% 21.08% 31.17% 0.00% 0.00%

ix. Other current liabilities & provisions 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

CHECK TOTAL 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

DKS

2 ANNUAL GROWTH : LIABILITIES

i. Short-term borrowing from banks 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

ii. Short term borrowings from others

iii. Sundry Creditors (Trade) 5.15% 4.90% 5.00% 5.08% 5.14% 4.89% 4.93%

iv. Advance payments from customers

v. Provision for taxation 217.29% 33.43% 15.12% 13.61% 12.41% 8.63% 3.32%

vi. Dividend payable

vii. Other statutory liabilities (due within 1 year) 6.00% 5.66% 5.36% 5.08% 4.84% 4.62% 4.41%

viii. Instalments payable within 1 year 25.00% 20.00% 16.67% 14.29% 71.88% -100.00% #DIV/0!

ix. Other current liabilities & provisions 41.29% 21.34% 15.16% 13.30% 51.63% -74.05% 3.67%

x. Total Current Liabilities 7.04% 4.80% 3.95% 3.84% 16.25% -30.41% 0.56%

xi. Total Term Liabilities -12.58% -17.27% -24.35% -36.78% -100.00% #DIV/0! #DIV/0!

xii. Total Outside Liabilities -3.93% -6.43% -8.78% -11.32% -14.67% -30.41% 0.56%

xiii. Net Worth 27.10% 23.61% 19.41% 16.74% 14.93% 13.32% 11.63%

xiv. Tangible Net Worth 30.45% 25.76% 20.80% 17.71% 15.64% 13.86% 12.05%

3 COMPOSITION OF CURRENT ASSETS

i. Cash and Bank Balances 11.45% 9.15% 17.67% 24.00% 28.51% 31.79% 29.28% 39.68%

ii. Investments (other than long term) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Receivables 1.53% 4.86% 4.47% 4.09% 3.82% 3.62% 3.73% 3.17%

iv. Instalments of deferred receivables 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

v. Inventory: 85.14% 81.98% 73.26% 67.11% 62.64% 59.29% 61.09% 51.97%

vi. Raw materials 26.48% 28.56% 25.80% 23.63% 22.06% 20.88% 21.51% 18.30%

vii. Stocks-in-process 56.14% 50.54% 44.90% 41.13% 38.39% 36.34% 37.44% 31.85%

viii. Finished goods 2.52% 2.88% 2.56% 2.35% 2.19% 2.07% 2.14% 1.82%

ix. Other consumable spares 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

x. Advances to suppliers of raw materials 0.60% 0.51% 0.46% 0.42% 0.39% 0.37% 0.38% 0.32%

xi. Advance payment of taxes 1.28% 3.50% 4.14% 4.37% 4.64% 4.93% 5.52% 4.85%

xii. Other current assets 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

CHECK TOTAL 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

DKS

4 ANNUAL GROWTH : ASSETS

i. Cash and Bank Balances -6.82% 117.39% 48.25% 27.26% 17.82% -10.61% 59.28%

ii. Investments (other than long term)

iii. Receivables 271.26% 3.61% 0.00% 0.00% 0.00% 0.00% 0.00%

iv. Instalments of deferred receivables

v. Inventory: 12.29% 0.58% 0.00% 0.00% 0.00% 0.00% 0.00%

vi. Raw materials 25.78% 1.66% 0.00% 0.00% 0.00% 0.00% 0.00%

vii. Stocks-in-process 4.97% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

viii. Finished goods 33.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

ix. Other consumable spares

x. Advances to suppliers of raw materials 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

xi. Advance payment of taxes 217.29% 33.43% 15.12% 13.61% 12.41% 8.63% 3.32%

xii. Other current assets

xiii. Total Current Assets 16.61% 12.56% 9.15% 7.14% 5.66% -2.95% 17.54%

xiv. Gross Block 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

xv. Net Block -4.09% -4.26% -4.45% -4.66% -4.88% -5.14% -5.41%

xvi. Total Other Non-current Assets

xvii. Intangible Assets -14.29% -16.67% -20.00% -25.00% -33.33% -50.00% -100.00%

xviii. Net Working Capital 45.75% 29.91% 18.55% 12.36% -9.83% 48.79% 32.51%

5 TOL / TNW 2.89 2.13 1.58 1.19 0.90 0.66 0.41 0.36

6 (TL + Net Worth) : Net Block 122.73% 132.22% 142.12% 151.09% 159.27% 155.72% 186.01% 219.52%

7 (TL + TNW) : Tangible Non Current Assets 119.04% 128.93% 139.24% 148.69% 157.38% 154.39% 185.31% 219.52%

8 Net Block : TL 123.62% 130.50% 142.91% 165.05% 208.01% 312.96% #DIV/0! #DIV/0!

9 (Inventories + Rec) : S.T. Bank Borrowings 138.78% 162.15% 163.37% 163.37% 163.37% 163.37% 163.37% 163.37%

10 Current Assets : S.T. Bank Borrowings 160.13% 186.73% 210.18% 229.42% 245.80% 259.70% 252.05% 296.26%

11 PL Depreciation : Average Gross Block 3.93% 3.93% 3.93% 3.93% 3.93% 3.93% 3.93% 3.93%

DKS

layer bird project report for 40000 eggs per day

Documents