sri vijaya bharati seeds

Sri Vijaya Bharati Seeds

PROJECT REPORT

M/s. SRI VIJAYA BHARATHI SEEDS

INDUSTRIAL PARK EXPANSION

KOTHA PALLI (GP), PRODDATUR (MANDAL)

Promoter:

M. VIJAYA BHARATI, 5/695 DEVANGA PETA, PRODDATUR.

Introduction & Scope of Market

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The process of removal of dockage in a seed lot and preparation of seed for marketing is called seed processing. The price and quality of seed is inversely related to dockage, which should not exceed a maximum level permitted for different crops for seed certification. Due to the operation of processing the level of heterogeneity of seed lot gets narrowed down. The heterogeneity occurs in a seed lot due to following reasons:

1. Variability in soil for fertility, physical, chemical and biological properties2. Variability in management practices (irrigation, application of nutrients etc.)

3. Variability in ability of the seedling for utilizing the inputs

4. Variability in pest and disease infestation

5. Position of pod or fruit in a plant or the position of seed in a pod.

Principle of seed processing

The processing operations are carried out based on the principle of physical differences found in a seed lot.

Physical difference Suitable machineries Seed size – varied from small to bold Air screen cleaner cum graderDensity- ill filled, immature to well matured light weight to dense seed

Specific gravity separator

Shape – round to oval and different shapes Spiral separatorSurface texture – smooth to wrinkled and rough Roll mill / dodder millColour of the seed – light color to dark color Electronic color sorterConductivity of seed – low to high Electronic separator

Requirement in seed processing

1. There should be complete separation2. There should be minimum seed loss

3. Upgrading should be possible for any particular quality

4. There should be more efficiency

5. It should have only minimum requirement

Types of materials removed during seed processing

1. Inert materials2. Common weed seeds

3. Noxious weed seeds

4. Deteriorated seeds

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5. Damaged seeds

6. Other crop seeds

7. Other variety seeds

8. Off-size seeds

Sequence of operation in seed processing

Sequence of operations are based on characteristics of seed such as shape, size, weight, length, surface structure, colour and moisture content. Because each crop seed possesses particular seed structure, the sequence of operation will be perfomed with proper equipments. It involves the following stages,

1. Drying2. Receiving

3. Pre-cleaning

4. Conditioning

5. Cleaning

6. Separating or Upgrading

7. Treating (Drying)

8. Weighting

9. Bagging

10. Storage or Shipping

The flow charts illustrating the types of materials removed from harvested produce during processing.

Harvested seed

3


Receiving The field run produce after threshing is received in the processing plant.

Seed movement /basic steps in seed processing plant

.

4


SEED PROCESSING PLANT

Procedure for approval

Processing of seeds is done based on the one or more differing physical characters of seed (i.e.) seed size, length, weight, shape, surface texture, colour, affinity to liquid and electrical conductivity. In processing, first phase consists of scalping, debearding, hulling, shelling to make the seed flow readily through the grader and cleaner (conditioning and pre-cleaning).

The second phase includes the removal of inert material, weed seeds, other crop and broken seeds that are larger or smaller than the crop seed.

In the final (separating and upgrading) phase, undesirable materials are separated from the seed.

Processing machine

Models of some processing machines in use and their capacities are as follows:

1. Ensco-super - 300 kg/hour2. Cripen model - 250-300 kg/hr

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3. Junior petkus - 500 Kg/hr

4. Giant petkus -1000-1200Kg/hr

5. Thermax - 1000Kg/hr

6. Osaw - 800 Kg/hr

7. Agrosaw - 500 Kg/hr

8. Tucas - 300 Kg/hr

Approval of units

The following five types of seed processing units are approved by the Director of seed Certification to carry out the certification works.

1. Seed Processing and tagging unit

2. Ginning Unit

3. Ginning, processing and tagging Unit

4. Delinting Unit.

5. Cleaning and tagging unit.

3.0 BASIS AND PRESUMPTIONS

a) The processing plant will work for 300 days per annum on 1 shifts basis.

b) The unit can achieve its full capacity utilization during the 2nd year of operation.

c) The wages for skilled workers are taken as per prevailing rates in this type of industry.

d) Interest rate for total capital investment is calculated @ 13.5% per annum.

e) The unit would construct its own building as per Seed Certification Authority specifications.

f) Costs of machinery and equipment are based on average prices of manufacturers.

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b) Processing Activity: Ground Nut Bengal Gram

Seed crop from farm,Seed crop from farm ,moisture

Moisture 13-14%, sun drying, 16-19%, mechanical drying

mostly due to hot summer season

Wheat seed (moisture 12 %)

Elevator - 1

Pre-cleaner (winnowing)

Raw material free of chaff, straw etc

Size Grader with 3 tier sieves

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

Over SizeNormal Size Under size

Rejected RejectedFor seed purpose Elevator – II for seed purpose

Indented centrifugal cylinder (for density gradation)--------------------------------------------------------------------

Cut, moth infected material Healthy seeds

separated

Elevator – III

Chemical treater (Dry mixing unit)

Seed uniformally coated with fungicide (‘Thiram’ fungicide for wheat or ‘Cerasan’ fungicide for paddy)

Automatic dosing machine for weighing & discharging specific qty, cap 12kg, 40kg.

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Material filled in jute/polythene- lined bags (standard wt. is 40kg for wheat or 12 kg for paddy, being requirement for one-acre land.)

Belt conveyor

Store Room

Bag Stitching machine

Stitched bags

Temper- proof seal, lead or plastic (by hand)

Mandatory markings by stencils (by hand)

Final product (Certified Seed)

PRODUCTION CAPACITY

Quantity :6000 tpa Ground Nut seed +6000 tpa Bengal gram seed

Installed capacity : 40 tpdOptimum capacity utilization : 70%Working days : 300/annum ( processing activity 180 days)Manpower : 20UtilitiesMotive Power : 40 HPWater : 1 kL/day

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JUSTIFICATION OF LAND

Sl. No CIVIL WORKS DETAILS Plinth Area in SQ Mt

1. Office Room 50.00

2. Factory Shed 500.00

3. Workers Rest Rooms 200.00

4. Security Room 100.00

5. Raw Material & Spares Godown & Varandah

300.00

6. Drying Platforms 800.00

7. Internal Roads 600.00

8. Parking 300.00

9. Greenary Development 400.00

TOTAL 3250.00

Machinery and Equipment :

GRADING MACHINES FOR GROUND NUT – 2 NO. GRADING MACHINES FOR BENGAL GRAM – 1 NO. DECORTICATOR – 1 NO. DESTONER, conveyor belt, bag stitching machine, Mechanical dryer, elevators-3, pre-cleaner, Erection and electrification chemical treater, automatic dosing machine

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PROJECT COST OF AND MEANS OF FINANCE

COST OF THE SCHEME (Rs. In lakhs)

ParticularsProject cost

Bank Loan

Own Capital

Plant and Machinery including Tools and Equipments 15.00 11.25 3.75

Land & Building (50.00 + 40.00) 90.00 45.00 45.00

Working capital 13.01 8.46 4.55

Total Project Cost 118.01 64.71 53.30

Means of Finance

ParticularsAmount to be raised

Promotor's Equity 53.30

Bank Term Loan 56.25

Bank Working Capital Loan 8.46

Total 118.01

STATEMENT OF INVESTMENT IN PROJECT

PARTICULARS OF ASSETS QTY PRICE AMOUNT

Land & Building

Land 50.00

Building & other civil works 40.00

Total 90.00

Plant and Machinery 0GRADING MACHINES FOR GROUND NUT – 2 NO. GRADING MACHINES FOR BENGAL GRAM – 1 NO. DECORTICATOR – 1 NO. DESTONER, conveyor belt, bag stitching machine, Mechanical dryer, elevators-3, pre-cleaner, Erection and electrification chemical treater, automatic dosing machine 15.00

Working capital 13.01

Total Cost of the Project 118.01

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ECONOMICS OF THE PROJECT

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Particulars Year 1 Year 2 Year 3Installed capacity per day 70 70 70Operating capacity % 75 85 95Capacity per day Ton 52.5 59.5 66.5

No. of working days estimated per year Days 300 300 300

Total Operating Capacity per Year Units Ton 15750 17850 19950

Statement showing Production and sales Year 1 Year 2 Year 3Production Ton 15750 17850 19950Add: Opening Stock Ton 0 1575 1785Less: Closing Stock Ton 1575 1785 1995Sales Volume Ton 14175 17640 19740Average Service Charge Per Ton Rs.300 300 300 300Sales Value in Rs. In Lakhs 42.53 52.92 59.22Total Sales Value 42.53 52.92 59.22

STATEMENT SHOWING VARIABLE EXPENSES PER ANNUM AT 80% CAPACITY LEVEL

QTY RATE AMOUNT

Raw Material:

Seeds i.e., groue Bndnut & Bengal gram Ton 0.00

Total Material consumed 0.00

Direct Labour :

Clerks 2 6000 0.72

Manager 2 10000 2.40

Skilled Workers/ Supervisors 2 6000 1.44

Unskilled workers /watchman 13 4000 6.24

Total Wages 10.08

Power and Fuel 0.50

Repairs and Maintenance 0.05

Variable Overheads 0.20

Total Variable Expenses 10.83

STATEMENT SHOWING FIXED EXPENSES PER ANNUM (Rs. In Lakhs )Particulars Nos. Per Month Months Amount

Salaries 12 0.86

Telephone Charges 1000 12 0.12

Postage and Stationery 1000 12 0.12

Travelling Expenses 4000 12 0.48

Office Maintainance 2000 12 0.24

General Expenses 1000 12 0.12

Total fixed Expenses per Annum 1.94

STATEMENT OF BREAK EVEN POINT

A) Sales 42.53

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B) Variable Cost 10.83

C) Contribution A-B 31.70

D) Fixed Cost per annum 1.08

E) BEP Sales in % D/C 3.41%

F) BEP Sales in Value (D/C)*A 1.45

G) BEP Sales in Volume (D/C)*NOS 537

ECONOMIC INDICATORS

A) Investment in Building and Machinery 62

B) Employment potential 18

C) Investment per Worker 3.44

STATEMENT OF DEPRICIATION

Particulars Year1 Year2 Year3 Year4 Year5

Rs. Rs. Rs. Rs. Rs.

Building 10% on WDV 4.00 4.00 4.00 4.00 4.00

Machinery 25% on WDV 9.00 9.00 9.00 9.00 9.00

Furniture 10% on WDV

Total Depreciation 13.00 13.0000 13.00 13.00 13.00

TERMLOAN REPAYMENT SCHEDULE WITH INTERESTTerm Loan Principle Amount (Rs. In Lakhs) 56.25

Rate of Interest per annum 13.50%

Repayment Schedule 60 Months

1st instalment due

Holiday Period 6 Months

Instalment per Month 0.94

Instalments Principle Instalment Interest

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OB

56.25 0.63

56.25 0.63

56.25 0.63

56.25 0.63

56.25 0.63

56.25 0.63 3.80

1 Instalment 56.25 0.9375 0.63

2 55.31 0.9375 0.62

3 54.38 0.9375 0.61

4 53.44 0.9375 0.60

5 52.50 0.9375 0.59

6 51.56 0.9375 0.58

7 50.63 0.9375 0.57

8 49.69 0.9375 0.56

9 48.75 0.9375 0.55

10 47.81 0.9375 0.54

11 46.88 0.9375 0.53

12 45.94 0.9375 11.25 0.52 6.90

13 45.00 0.9375 0.51

14 44.06 0.9375 0.50

15 43.13 0.9375 0.49

16 42.19 0.9375 0.47

17 41.25 0.9375 0.46

18 40.31 0.9375 0.45

19 39.38 0.9375 0.44

20 38.44 0.9375 0.43

21 37.50 0.9375 0.42

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22 36.56 0.9375 0.41

23 35.63 0.9375 0.40

24 34.69 0.9375 11.25 0.39 5.38

25 33.75 0.9375 0.38

26 32.81 0.9375 0.37

27 31.88 0.9375 0.36

28 30.94 0.9375 0.35

29 30.00 0.9375 0.34

30 29.06 0.9375 0.33

31 28.13 0.9375 0.32

32 27.19 0.9375 0.31

33 26.25 0.9375 0.30

34 25.31 0.9375 0.28

35 24.38 0.9375 0.27

36 23.44 0.9375 11.25 0.26 3.86

37 22.50 0.9375 0.25

38 21.56 0.9375 0.24

39 20.63 0.9375 0.23

40 19.69 0.9375 0.22

41 18.75 0.9375 0.21

42 17.81 0.9375 0.20

43 16.88 0.9375 0.19

44 15.94 0.9375 0.18

45 15.00 0.9375 0.17

46 14.06 0.9375 0.16

47 13.13 0.9375 0.15

48 12.19 0.9375 11.25 0.14 2.34

49 11.25 0.9375 0.13

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50 10.31 0.9375 0.12

51 9.38 0.9375 0.11

52 8.44 0.9375 0.09

53 7.50 0.9375 0.08

54 6.56 0.9375 0.07

55 5.63 0.9375 0.06

56 4.69 0.9375 0.05

57 3.75 0.9375 0.04

58 2.81 0.9375 0.03

59 1.88 0.9375 0.02

60 0.94 0.9375 11.25 0.01 0.82

TERM LOAN REPAYMENT SCHEDULE WITH INTEREST AND CASH CREDIT PER ANNUM (IT ISASSUMED THAT TERM LOAN OF Rs. 64.00 Lakhs WILL BE REPAID IN 60 MONTHLY

INSTALLMENTS WITH INTEREST AT 13.5 % PA)

PARTICULARS Const Year 1 Year 2 Year 3 Year 4 Year 5

No of Months Paid 6 12 12 12 12 12

(A) Amount Paid in each year 11.25 11.25 11.25 11.25 11.25

(Rs.22,28,000/60)*12

Interest at 13.50% PA 3.80 6.90 5.38 3.86 2.34 0.82

Interest on Working Capital

at 13.50% PA on Rs. 7,90,000 1.14 1.14 1.14 1.14 1.14

(B) Total Interest Paid PA 3.80 8.04 6.52 5.00 3.48 1.96

Total Interest and Principal

Paid to Bank PA (A+B) 3.80 19.29 17.77 16.25 14.73 13.21

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PROJECTED COST OF PRODUCTION AND PROFITABILITY STATEMENT AT 65% CAPACITYLEVEL

PARTICULARS AMOUNT AMOUNT SALES A 42.53Less : Cost of Production Raw material consumed 0.00 Wages 10.08 Power and fuel 0.50 Repairs and Maintenance 0.05 Variable overheads 0.20 Cost of Production B 10.83 Less : Finished Goods 0.00 Cost of Goods Sold 10.83 10.83Gross Profit 31.70 Less : Selling and Administrative Expenses Salaries 0.86 Telephone Charges 0.12 Postage and Stationery 0.12 Travelling Expenses 0.48 Office Maintanence 0.24 General Expenses 0.12 Depreciation 13.00 Total selling and Administrative Exp 14.94 14.94Cost of Sales 25.77

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Net Profit Before Interest and Tax 16.76Less : Interest on term loan 6.90 on working capital loan 1.14 Total Interest Paid to Bank 8.04 8.04 Net Profit Before Tax 8.72Less : Income Tax Paid 2.61 2.61Net Profit After Tax 6.10

PROJECTED COST OF PRODUCTION AND PROFITABILITY STATEMENT

PARTICULARS Year

1 Year 2 Year 3Year

4 Year 5

Capacity level % 65 70 75 75 75

(1) Sales (A) 42.53 52.92 59.22 59.22 59.22

Cost of Sales

Purchase of Raw materials 0.00 0.00 0.00 0.00 0.00

Add: Opening Stock of RM 0.00 0.00 0.00 0.00 0.00

Less : Closing Stock of RM 0.00 0.00 0.00 0.00 0.00

Raw Material Consumed 0.00 0.00 0.00 0.00 0.00

Wages 10.08 11.09 12.20 13.42 14.76

Power and Fuel 0.50 0.55 0.61 0.67 0.73

Repairs and Maintenance 0.05 0.06 0.06 0.07 0.07

Variable Overheads 0.20 0.22 0.24 0.27 0.29

(2) Sub Total Cost of Production (B) 10.83 11.91 13.10 14.41 15.86

Add : Opening Stock of FG 0.00 1.08 1.08 1.08 1.08

Less : Closing Stock of FG 1.08 1.08 1.08 1.08 1.08

Cost of Goods sold 9.75 11.91 13.10 14.41 15.86

(3) Gross Profit 32.78 41.01 46.12 44.81 43.36

Selling, General Admin. Exp.

Salaries 0.86 0.95 1.04 1.04 1.04

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Telephone Charges 0.12 0.13 0.15 0.15 0.15

Postage and Stationery 0.12 0.13 0.15 0.15 0.15

Travelling Expenses 0.48 0.53 0.58 0.58 0.58

Office Maintanance 0.24 0.26 0.29 0.29 0.29

General Expenses 0.12 0.13 0.15 0.15 0.15

Depriciation 13.00 14.30 15.73 15.73 15.73

Interest on Term Loan and WC 8.04 8.84 9.73 9.73 9.73

(4) Sub Total 22.98 25.28 27.80 27.80 27.80

Operating Profit (3-4) 9.80 15.73 18.31 17.00 15.56

Add : Other Income 0.00 0.00 0.00 0.00 0.00

Less : Other expenses 0.00 0.00 0.00 0.00 0.00

Profit Before Tax 9.80 15.73 18.31 17.00 15.56

Income Tax Paid 2.94 4.72 5.49 5.10 4.67

Net Profit after Tax 6.86 11.01 12.82 11.90 10.89

Add : Depreciation 13.00 13.00 13.00 13.00 13.00

Cash Accruals 19.86 24.01 25.82 24.90 23.89

ANALYSIS OF PROJECTED BALANCE SHEET

(Rs. In Lakhs)

Year 1 Year 2 Year 3 Year 4 Year 5

LIABILITIES

Current Liabilities :

Our Bank 8.46 8.46 8.46 8.46 8.46

Other Banks 0.00 0.00 0.00 0.00 0.00

Sundry Creditors 0.00 0.00 0.00 0.00 0.00

Misc. Creditors 0.00 0.00 0.00 0.00 0.00

Expenses 0.00 0.00 0.00 0.00 0.00

Others 0.00 0.00 0.00 0.00 0.00

(1) Sub Total 8.46 8.46 8.46 8.46 8.46

Term Liabilities

Our Bank 45.00 33.75 22.50 11.25 0.00

Other Banks, APSFC 0.00 0.00 0.00 0.00 0.00

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Loans from friends & relatives 0.00 0.00 0.00 0.00 0.00

Others (specify), Unsecured loans 0.00 0.00 0.00 0.00 0.00

(2) Sub Total 45.00 33.75 22.50 11.25 0.00

Capital & Reserves

Capital 53.30 60.16 71.17 83.99 95.89

(Opening of capital)

Add Profit 6.86 11.01 12.82 11.90 10.89

Add : Additional capital if any

Less drawings 0.00 0.00 0.00 0.00 0.00

Genral reserves 0.00 0.00 0.00 0.00 0.00

Others if any 0.00 0.00 0.00 0.00 0.00

(3) Sub Total 60.16 71.17 83.99 95.89 106.78

Total (1+2+3) 113.62 113.38 114.95 115.60 115.24

ASSETS

Current Assets

Cash 20.54 33.30 47.86 61.51 74.16

Bank Balances

Closing Stock 1.08 1.08 1.08 1.08 1.08

Sundry Debtors 0.00 0.00 0.00 0.00 0.00

Advance to suppliers

(4) Sub Total 21.62 34.38 48.95 62.60 75.24

Fixed Assets

Land & Buildings 86.00 82.00 78.00 74.00 70.00

Plant & Machinery and tools 6.00 -3.00 -12.00 -21.00 -30.00

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Furniture etc. 0.00 0.00 0.00 0.00 0.00

Others deposits if any 0.00 0.00 0.00 0.00 0.00

(5) Sub Total 92.00 79.00 66.00 53.00 40.00

Power deposit 0.00 0.00 0.00 0.00 0.00

Total (4+5) 113.62 113.38 114.95 115.60 115.24

Liquid Surplus (4-1) 13.16 25.92 40.49 54.14 66.78

Deficit (1-4) -13.16 -25.92 -40.49 -54.14 -66.78

PROJECTED CASH FLOW STATEMENT(Rs. In Lakhs)

Particulars Const.Year

1 Year 2 Year 3 Year 4 Year 5Cash from Operations Net profit before Tax 9.80 15.73 18.31 17.00 15.56Add : Depreciation 13.00 13.00 13.00 13.00 13.00Add : Interest on Loan 8.04 6.52 5.00 3.48 1.96Cash Generated from Operations 30.84 35.25 36.31 33.48 30.52Less : Tax Paid 2.94 4.72 5.49 5.10 4.67

Operating profit before working capital Changes (A) 27.90 30.53 30.82 28.38 25.86Increase in sundry dehbtors 0.00 0.00 0.00 0.00 0.00Increase in Closing Stock -1.08 0.00 0.00 0.00 0.00Advance to suppliers 0.00 0.00 0.00 0.00 0.00Decrease in Sundry Creditors 0.00 0.00 0.00 0.00 0.00Decrease in Sundry debtors 0.00 0.00 0.00 0.00 0.00Decrease in stock 0.00 0.00 0.00 0.00 0.00Increase in sundry creditos 0.00 0.00 0.00 0.00 0.00Change in Working Capital (B) -1.08 0.00 0.00 0.00 0.00Net Cash from Operations (A-B) = C 26.82 30.53 30.82 28.38 25.86 Cash from investing activities Land and Buildings -90.00 0.00 0.00 0.00 0.00 0.00Furniture 0.00 0.00 0.00 0.00 0.00 0.00Purchase of Plant and Machinery -15.00 0.00 0.00 0.00 0.00 0.00Deposits 0.00 0.00 0.00 0.00 0.00 0.00

Net Cash from Investing operations (D)

-105.00 0.00 0.00 0.00 0.00 0.00

Cash from Financing Activities Capaital Account 48.75 4.55 0.00 0.00 0.00 0.00Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00Bank Cash Credit 0.00 8.46 0.00 0.00 0.00 0.00Bank Term Loan 56.25 0.00 0.00 0.00 0.00 0.00Interest Paid -8.04 -6.52 -5.00 -3.48 -1.96

Repayment of TL -

11.25 -11.25 -11.25 -11.25 -11.25Repayment of Unsecured Loans 0.00 0.00 0.00 0.00 0.00Drawings 0.00 0.00 0.00 0.00 0.00

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Net Cash from Financing Activities (E) 105.00 -6.28 -17.77 -16.25 -14.73 -13.21 Net Increase in Cash (C+D+E) 20.54 12.76 14.57 13.65 12.64Add : Opening Balance 0.00 20.54 33.30 47.86 61.51Closing Cash/Bank Balance 20.54 33.30 47.86 61.51 74.16

DEBT SERVICE COVERAGE RATIO

Particulars Year 1Year

2 Year 3 Year 4 Year 5

Net Profit after Tax 6.86 11.01 12.82 11.90 10.89

Add : Depreciation 13.00 13.00 13.00 13.00 13.00

Add : Interest 8.04 6.52 5.00 3.48 1.96

Cash Available (A) 27.90 30.53 30.82 28.38 25.86

Repayment of Unsecured Loans 0.00 0.00 0.00 0.00 0.00

Repayment of Term Loan 11.25 11.25 11.25 11.25 11.25

Interest on Loan 8.04 6.52 5.00 3.48 1.96

Debt Obligation (B) 19.29 17.77 16.25 14.73 13.21

DSCR (A/B) 1.45 1.72 1.90 1.93 1.96

Average DSCR 1.79

ANALYSIS OF PROJECTED FUNDS FLOW STATEMENT

Particulars Const.Year

1 Year 2 Year 3 Year 4 Year 5

SOURCES OF FUNDS

Capital 48.75 4.55 0.00 0.00 0.00 0.00

Profit after Tax 6.86 11.01 12.82 11.90 10.89

Depreciation 13.00 13.00 13.00 13.00 13.00

Unsecured Loans 0.00 0.00 0.00 0.00 0.00

Loans from Relatives and Friends 0.00 0.00 0.00 0.00 0.00

Bank Term Loan 56.25 0.00 0.00 0.00 0.00 0.00

Decrease in Working Capital 0.00 0.00 0.00 0.00 0.00

TOTAL 105.00 24.41 24.01 25.82 24.90 23.89

Repayment of Unsecured Loan 0.00 0.00 0.00 0.00 0.00

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Repayment of Loans from Relatives and friends 0.00 0.00 0.00 0.00 0.00

Repayment of Bank Loan 11.25 11.25 11.25 11.25 11.25

Increase in Working Capital 13.16 12.76 14.57 13.65 12.64

Deposits

Purchase of Fixed Assets #REF! 0.00 0.00 0.00 0.00 0.00

Power Deposit 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL #REF! 24.41 24.01 25.82 24.90 23.89

ASSESSED BANK FINANCE Year 1 Year 2 Year 3 Year 4 Year 5

Total Current Assets (TCA) 21.62 34.38 48.95 62.60 75.24Other Curent Liabilities (Except Bank Borrowings) 0.00 0.00 0.00 0.00 0.00

Working Capital Gap 21.62 34.38 48.95 62.60 75.24

Net Working Capital (NWC) (Actual Projections) 13.16 25.92 40.49 54.14 66.78

Assessed Bank Finance 8.46 8.46 8.46 8.46 8.46

NWC to TCA (%) 60.88% 75.40% 82.72% 86.49% 88.76%

Working Capital to Turnover Ratio 3.23 2.04 1.46 1.09 0.89

Other CL to TCA (%) 0.00% 0.00% 0.00% 0.00% 0.00%

Sundry Creditors to TCA (%) 0.00% 0.00% 0.00% 0.00% 0.00%

Inventory to Net Sales (days) 9 7 7 7 7Total Outstanding Loan (Inclusive of Bank Loans) 53.46 42.21 30.96 19.71 8.46

Paid up Capital 60.16 71.17 83.99 95.89 106.78

Total Net Worth (TNW) 60.16 71.17 83.99 95.89 106.78

TOL/TNW 0.89 0.59 0.37 0.21 0.08

Current Ratio 2.56 4.07 5.79 7.40 8.90

Liquidity Ratio 72.58 58.33 52.12 52.12 52.12

PBT 9.80 15.73 18.31 17.00 15.56

PAT 6.86 11.01 12.82 11.90 10.89

PBIT 1.76 6.89 8.58 7.27 5.83

PBDIT 30.84 35.25 36.31 33.48 30.52

PBT/Net Sales (%) 23.04% 29.72% 30.92% 28.71% 26.27%

PAT/Net Sales (%) 16.13% 20.81% 21.64% 20.09% 18.39%

PBDIT/Interest (times) 3.84 5.41 7.26 9.61 15.54

ROI (Return on Investment) 1.65% 16.32% 27.73% 36.91% 68.96%

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Pay back period (in years) 60.68

Total Tangiable Assets 49.00 36.00 23.00 10.00 -3.00

Net Sales/Total Tangible Assets (times) 0.87 1.47 2.57 5.92 -19.74

PBT/Total Tangible Assets (%) 20.00% 43.69% 79.61% 170.00%-

518.63%

COMPUTATION OF WORKING CAPITAL UNDER TADITIONAL METHOD

Installed Capacity TONS 15000Raw material Cost of the raw material per month

Rs. In lakhs 0

workers salaries + Other expenses per month Rs. In lakhs 13.01

13.01

Estimated Service charges per Annum 42.53

Sales per month

Cost of Raw Material per month 0.00

ITEMStocking

daysWC

RequiredMargin

%Mar.

Value PBF

Cost of Raw Material per month 30 13.01 25 4.55 8.46

Finished products 30 0.00 25 0.00 0.00

TOTAL 13.01 4.55 8.46

Maximum Working Capital Required A 13.01

Less : Opening Working Capital C 4.55

Less : Sundry Creditors D 0.00

Working Capital Required A-(C+D)=E 8.46

Permissible Working Capital B 8.46

Working Capital Recommended 8.46

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sri vijaya bharati seeds

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