trinayan group _dairy farm

8/7/2019 Trinayan Group _Dairy farm

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Cost of the Project and Means of Finance

Cost of Project

S. No. Particulars

1. Land 1

2. Cost of Construction 2

3 Animals 3

4 Machinery & Acessories 4

5. Electrical Equipments&Erections

6. Pre Operative Expenses

8. Margin for Working Capital

Total

Means of Finance

S. No. Particulars Ratio

1. Equity 26%

2. Term Loan 74%

Total

Term loan Disbursment Schedule

Particulars October

Land 15.00

Cost of Construction 50.06

Animals 0.00Machinery & Acessories 83.01

Electrical Equipments&Erections 1.88

Total Monthly Requirement 149.95

Cumulative Monthly Requirement 149.95

Schedule for procurement of animals

Amountsin lakhs

ScheduleNos.


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Particulars October

Buffalos

Cows

Bulls

Total 0

No. of Days

Total Cost of Buffaloes 0

Total Cost of Cows 0

Total Cost of Bulls 0

Monthly Requirement 0


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100000

20.00

66.75

370.00

110.68

2.50

0.50

3.79

574.22

146.77

427.45

574.22

Debt Portion 75%

November December January Feburary March April

0 0 0 0 0 0

0 0 0 0 0 0

0.00 29.63 29.63 29.63 31.50 31.500 0 0 0 0 0

0 0 0 0 0 0

0.00 29.63 29.63 29.63 31.50 31.50

149.95 179.57 209.20 238.82 270.32 301.82

Total(Rs.In Lakhs)

Value(Rs.In Lakhs)


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November December January Feburary March April

50 50 50 50 50

5 5 5 5 5

0 0 0 5 5

0 55 55 55 60 60

0 3750000 3750000 3750000 3750000 3750000

0 200000 200000 200000 200000 200000

0 0 0 0 250000 250000

0 3950000 3950000 3950000 4200000 4200000


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May June July August September Total

0 0 0 0 0

0 0 0 0 0

25.88 25.88 25.88 24.00 24.000 0 0 0 0

0 0 0 0 0

25.88 25.88 25.88 24.00 24.00

327.70 353.57 379.45 403.45 427.45


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May June July August September Total

40 40 40 40 40 450

5 5 5 5 5 50

5 5 5 25

050 50 50 45 45 525

3000000 3000000 3000000 3000000 3000000

200000 200000 200000 200000 200000

250000 250000 250000 0 0

3450000 3450000 3450000 3200000 3200000


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Schedules to Cost of Project

Schedule - 1 - Cost of Land

Particulars Rate/Acre Total Cost

Land Area 10.00 200,000 2,000,000

SCHEDULE : 2 - Cost of Construction of Sheds

Particulars

Buffalos 50 200 250.00 12,500.00

Cows 50 200 250.00 12,500.00

Bulls 50 200 25.00 1,250.00

Storage Yard 10 200 525.00 5,250.00

Cost of Construction of Sheds

Cost of Construction of Office Room 500 750

Total Cost of Construction

SCHEDULE : 3 - Cost of Animals

Particulars Cost per Animal Total Cost

Buffalos 450 75000 33750000

Cows 50 40000 2000000

Bulls 25 50000 1250000

Total 525 37000000

SCHEDULE : 4 - Cost of Machinery & Equipment

S.No Details of Items needed Nos Total Cost

1 Tractor (60 HP) 1 620,000

2 Tractor Implements 250,000

Area inAcres

Area PerAnimal In

Sq.ft.

Cost ofConstruction

per sq.ft.

No ofAnimals

Total Area (insq. ft.)

No. OfAninmals


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3 Cattle / Fodder Truck 1,500,000

4 Personal Vehicle 900,000

5 Tata - 207 250,000

6 Seed - Cum ferti drill 50,000

7 Feed Mill 200,000

8 Fodder Mill 200,000

10 Chaff Cutters 200,00011 Baler 250,000

12 Mud Pump 2 50,000

13 Presurre washers 100,000

14 Milking Equipment 1,200,000

15 Water Tankers 200,000

16 Cans / Utensils 300,000

17 Computor 100,000

18 Lap top 50,000

19 Office furniture 125,000

20 Motor Cycles 120,000

21 Feed basket 100,000

22 Fooder block machine 200,00023 TV/VCP 50,000

24 FM Radio Station 500,000

25 Reapers 150,000

26 Fodder Harvester 500,000

27 Azolla Tanks 100,000

28 Shiftable Electric Fencing 200,000

29 Silpaulin Sheets 500,000

30 Fodder compacting Press 250,000

31 Electric Fencing 500,000

32 CBG equipment 1,000,000

33 Solar water heaters 100,000

34 Solar lighting systems 253,000

TOTAL 11,068,000

22136 15150

SCHEDULE : 5 - Working Capital

Particulars Year 1 Year 2 Onwards 2010-11 2011-12

Current Assets

Inventory 0.5 18.1

Green Fodder 1 4.00 0.2 7.2

Dry Fodder 1 4.00 0.2 5.0

Concentrate Feed 0.25 1.00 0.2 5.8

Accounts Receivables 0.25 1.00 1.2 29.3


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Advances to Suppliers 3% 10% 0.3 10.6

Pre paid Insurance 12.5 0.0

Other CA 0.4% 2% 0.2 5.3

Total Current Assets 14.7 63.2

Current Liabilities

Accounts Payable 0.25 1.00 0.26 8.87Other Current Liabilities 0.5% 2% 0.15 4.01

Total Current Liabilities 0.4 12.9

Non Cash Working Capital 14.3 50.3

Margin for Working Capital 3.8 25.3

Short Term Debt 10.5 25.0

27% 50%

Computation of tax

Provision for Income Tax 2.18 21.17 59.91

Advance Tax Paid 80% 1.7 16.9 47.9


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Total Cost

2,500,000

2,500,000

250,000

1,050,000

6,300,000

375,000

6,675,000

500


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as pre nabard

2012-13 2013-14 2014-15 2015-16 2016-17

22.8 22.8 22.8 22.8 22.8

9.0 9.0 9.0 9.0 9.0

6.6 6.6 6.6 6.6 6.6

7.2 7.2 7.2 7.2 7.2

40.6 40.6 40.6 40.6 40.6


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13.3 13.3 13.3 13.3 13.3

0.0 0.0 0.0 0.0 0.0

7.3 7.3 7.3 7.3 7.3

84.0 84.0 84.0 84.0 84.0

11.08 11.08 11.08 11.08 11.084.59 4.59 4.59 4.59 4.59

15.7 15.7 15.7 15.7 15.7

68.3 68.3 68.3 68.3 68.3

68.3 68.3 68.3 68.3 68.3

100% 100% 100% 100% 100%

64.60 69.16 73.61 77.58

51.7 55.3 58.9 62.1


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Projected Profitability Statement

PARTICULARS Schedules 2010-11 2011-12 2012-13 2013-14 2014-15 2015-

INCOME

Income from Sale of Milk A 55.44 337.68 473.76 473.76 473.76 473

Sale Value of Heifers B 0.00 8.10 8.10 8.10 8.10 8

Sale of Manure (Dung) C 1.31 5.25 5.25 5.25 5.25 5

Total 56.75 351.03 487.11 487.11 487.11 487

Cost of Dry Fodder D 2.06 21.66 26.97 26.97 26.97 26

Cost of Green Fodder E 1.82 15.11 19.78 19.78 19.78 19

Cost of Concentrate Feed F 8.58 69.63 86.21 86.21 86.21 86

Healthcare Expenses G 0.88 6.30 6.30 6.30 6.30 6

Insurance H 4.16 16.65 16.65 16.65 16.65 16

Salaries & Wages I 6.99 55.92 55.92 55.92 55.92 55

Electrical Charges J 0.55 5.25 5.25 5.25 5.25 5

Carriage & Handling Charges 0.55 3.38 4.74 4.74 4.74 4Lease Rent for land (10000 per acre) 30 3.00 3.00 3.00 3.00 3.00 3

Other Expenses 0.55 3.38 4.74 4.74 4.74 4

Cost of Production 29.15 200.27 229.55 229.55 229.55 229

Gross Profit 27.60 150.76 257.56 257.56 257.56 257

Administrative expenses 1.39 8.44 11.84 11.84 11.84 11

Selling & General Expenses 0.55 3.38 4.74 4.74 4.74 4

Cost of Sales 31.09 212.09 246.13 246.13 246.13 246

EBIDTA 25.66 138.94 240.98 240.98 240.98 240

Depreciation 5.93 22.90 19.79 17.12 14.81 12

EBIT 19.74 116.05 221.19 223.86 226.16 228

Interest on Term Loan 12.98 50.39 44.92 33.80 22.69 11

Interest on Working Capital Loan 0.35 3.38 0.00 0.00 0.00 0

Profit Before Tax 6.41 62.28 176.27 190.06 203.47 216

33.99% 2.18 21.17 59.91 64.60 69.16 73

Profit after tax 4.23 41.11 116.36 125.46 134.31 142

Profitability Ratios

Gross Profit % 49% 43% 53% 53% 53% 5

EBIDTA % 45% 40% 49% 49% 49% 4

PBT% 11% 18% 36% 39% 42% 4

PAT % 7% 12% 24% 26% 28% 2

OPERATING EXPENSES:-

Less:-Provision for Tax


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2016-17

473.76

8.10

5.25

487.11

26.97

19.78

86.21

6.30

16.65

55.92

5.25

4.743.00

4.74

229.55

257.56

11.84

4.74

246.13

240.98

11.12

229.85

1.62

0.00

228.23

77.58

150.66

53%

49%

47%

31% 0


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#REF! #REF! #REF! #REF! #REF! #REF! #RE

#REF! #REF! #REF! #REF! #REF! #REF! #RE


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#REF!

#REF!


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INR Lakhs

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014

Sources of Funds

Long Term Sources

Net Profit 4.2 41.1 116.4 125.5 13

Depreciation 5.9 22.9 19.8 17.1 1

Increase in Share Capital

Paidup Capital 146.8 - - -

Increase in Term Liabilities

Term Loans 427.4 - - -

Long Term Sources 584.4 64.0 136.1 142.6 14

Short Term Sources

Increase In

Sundry Creditors 0.3 8.6 2.2 -

Provision for tax 2.2 19.0 38.7 4.7

Other Current Liabilities 0.1 3.9 0.6 -

WC Borrowings 10.5 14.5 - -

Decrease In

Inventory - - - -

Sundry Debtors - - - -

Advances to Suppliers - - - -

Advance tax paid - - - -

Pre paid expenses - 12.5 - -

Other Current Assets - - - -

Short Term Sources 13.1 58.4 41.5 4.7

Projected Funds Flow Statement


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Schedule- A

Income from sale of Milk

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

Buffaloes

Number of Animals 200 450 450 450 450

Breeding Ratio 100% 100% 100% 100% 100%

Average Lactation Days Per year 75 200 280 280 280

Avg milk yield per animal (in Lts) 14 14 14 14 14

Avg. Yield of Milk (in Lts) 210000 1260000 1764000 1764000 1764000

Avg. price per Litre 24 24 24 24 24

Annual Income (Rs. In Lakhs) 50.4 302.4 423.36 423.36 423.36

Cows

Number of Animals 20 50 50 50 50Breeding Ratio 100% 100% 100% 100% 100%

Average Lactation Days Per year 75 210 300 300 300

Avg milk yield per animal (in Ltr) 14 14 14 14 14

Avg. Yield of Milk (in Ltr) 21000 147000 210000 210000 210000

Avg. price per Litre 24 24 24 24 24

Annual Income (Rs. In Lakhs) 5.04 35.28 50.4 50.4 50.4

Total Income per annum (Rs. In Lakhs) 55.44 337.68 473.76 473.76 473.76

Schedule - B

Revenue from sale of Heifers

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

No. of Heifers available for sale 0 405 405 405 405

Avg. Sale price per Heifer (in Rs.) 2000 2000 2000 2000 2000

Annual Sale Value (Rs. In Lakhs) 0 8.1 8.1 8.1 8.1

Schedule - C

Sale value of Manure

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

No. Animals 131.25 525 525 525 525

Sale price of Dung per animal per year (Rs) 1000 1000 1000 1000 1000

Annual Sale Value (Rs. In Lakhs) 1.31 5.25 5.25 5.25 5.25


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Schedule - D

Cost of Dry Fodder

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

Buffaloes & Cows

Lactation Period


Number of Days 75 205 290 290 290

Feed require per animal per day (Kgs) 5 5 5 5 5

Feed cost per kg 2.5 2.5 2.5 2.5 2.5

Annual feed cost (Rs. In Lakhs) (a) 2.06 12.81 18.13 18.13 18.13

Non - Lacation Period


Number of Days - 75 75 75 75

Feed require per animal per day (Kgs) 7 7 7 7 7Feed cost per kg 2.5 2.5 2.5 2.5 2.5

Annula feed cost (Rs. In Lakhs) (b) 0.00 6.56 6.56 6.56 6.56

Bulls


Number of Days 90 365 365 365 365


Feed cost per kg 2.5 2.5 2.5 2.5 2.5

Annual feed cost (Rs. In Lakhs) (c) 0.00 2.28 2.28 2.28 2.28

Total Cost of Dry Fodder (a+b+c) 2.06 21.66 26.97 26.97 26.97

Schedule - E

Cost of Green Fodder

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

Buffaloes & Cows

Lactation Period


Number of Days 75 205 290 290 290Feed require per animal per day (Kgs) 22 22 22 22 22

Feed cost per kg 0.5 0.5 0.5 0.5 0.5


Non - Lacation Period





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Feed cost per kg 0.5 0.5 0.5 0.5 0.5


Bulls

Number of Animals 0 25 25 25 25Number of Days 365 365 365 365


Feed cost per kg 0.5 0.5 0.5 0.5 0.5

Annual feed cost (Rs. In Lakhs) (c) 0.00 0.46 0.46 0.46 0.46

Total Cost of Green Fodder (a+b+c) 1.82 15.11 19.78 19.78 19.78

Schedule - F

Cost of Concentrate Feed

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

Buffaloes & Cows

Lactation Period


Number of Days 75 205 290 290 290


Feed cost per kg 13 13 13 13 13


Non - Lacation PeriodNumber of Animals 220 500 500 500 500



Feed cost per kg 13 13 13 13 13


Bulls


Number of Days 365 365 365 365


Feed cost per kg 13 13 13 13 13Annual feed cost (Rs. In Lakhs) (c) 0.00 5.93 5.93 5.93 5.93

Total Cost of Concentrate Feed (a+b+c) 8.58 69.63 86.21 86.21 86.21

Schedule - G

Heathcare Expenses


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PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

All animals


Cost per Animals ( in Rs.) 400 1200 1200 1200 1200

Total Annual Cost (Rs. In Lakhs) 0.88 6.3 6.3 6.3 6.3

Schedule - H

Insurance

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

No. of Animals 220 525 525 525 525

Insurace Cost Per Animal Per year (@4.5%) 16.65 16.65 16.65 16.65 16.65

Annual Cost of Insurance 16.65 16.65 16.65 16.65 16.65

Insurance to P&L A/c 4.16 16.65 16.65 16.65 16.65

Pre paid Insurance 12.49

Schedule - I

Salaries & Wages

PARTICULARS (at 100% capacity-500 animals) No of Employees Salaries

Per Month Per Year

(in. Rs) (Rs. Lakhs)

Doctor 2 30000 7.2

Manager 12 10000 14.4

Accounts 2 8000 1.92

Skilled Workers 24 5000 14.4

Un-Skilled Workers 50 3000 18

Total Cost (Rs. In Lakhs) 55.92

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15

Total Cost (Rs. In Lakhs) 13.98 55.92 55.92 55.92 55.92

% Increase in Salaries 0% 0% 0% 0%

Capacity (%) 50% 100% 100% 100% 100%

Total Cost (Rs. In Lakhs) 6.99 55.92 55.92 55.92 55.92

Schedule - J

Electricity/Disel Charges

No. of Animals 220 525 525 525 525

Average cost per animal per annum 1000 1000 1000 1000 1000

Total Electricity/Disel charges (in Lakhs) 0.55 5.25 5.25 5.25 5.25


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2015-16 2016-17

450 450

100% 100%

280 280

14 14

1764000 1764000

24 24

423.36 423.36

50 50100% 100%

300 300

14 14

210000 210000

24 24

50.4 50.4

473.76 473.76

2015-16 2016-17

405 405

2000 2000

8.1 8.1

2015-16 2016-17

525 525

1000 1000

5.25 5.25


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2015-16 2016-17

500 500

290 290

5 5

2.5 2.5

18.13 18.13

500 500

75 75

7 72.5 2.5

6.56 6.56

25 25

365 365

10 10

2.5 2.5

2.28 2.28

26.97 26.97

2015-16 2016-17

500 500

290 29022 22

0.5 0.5

15.95 15.95

500 500

75 75

18 18


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0.5 0.5

3.38 3.38

25 25365 365

10 10

0.5 0.5

0.46 0.46

19.78 19.78

2015-16 2016-17

500 500

290 290

4 4

13 13

75.40 75.40

500 500

75 75

1 1

13 13

4.88 4.88

25 25

365 365

5 5

13 135.93 5.93

86.21 86.21


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2015-16 2016-17

525 525

1200 1200

6.3 6.3

2015-16 2016-17

525 525

16.65 16.65

16.65 16.65

16.65 16.65

2015-16 2016-17

55.92 55.92

0% 0%

100% 100%

55.92 55.92

525 525

1000 1000

5.25 5.25


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Princpal Amount 427.45

Rate of Interest (%) 13%

Repayment Period 6

Moratorium Period 1

Interest Instalment

1 October 149.95 1.62 -

2 November 149.95 1.62 -

3 December 179.57 1.95 -

4 January 209.20 2.27 -

5 February 238.82 2.59 -

6 March 270.32 2.93 - 12.98 -

7 April 301.82 3.27 -

8 May 327.70 3.55 -

9 June 353.57 3.83 -

10 July 379.45 4.11 -11 August 403.45 4.37 -

12 September 427.45 4.63 -

13 October 427.45 4.63 7.12

14 November 420.32 4.55 7.12

15 December 413.20 4.48 7.12

16 January 406.08 4.40 7.12

17 February 398.95 4.32 7.12

18 March 391.83 4.24 7.12 50.39 42.74

19 April 384.70 4.17 7.12

20 May 377.58 4.09 7.12

21 June 370.45 4.01 7.12

22 July 363.33 3.94 7.1223 August 356.21 3.86 7.12

24 September 349.08 3.78 7.12

25 October 341.96 3.70 7.12

26 November 334.83 3.63 7.12

27 December 327.71 3.55 7.12

28 January 320.59 3.47 7.12

29 February 313.46 3.40 7.12

30 March 306.34 3.32 7.12 44.92 85.49

31 April 299.21 3.24 7.12

32 May 292.09 3.16 7.12

33 June 284.97 3.09 7.12

34 July 277.84 3.01 7.12

35 August 270.72 2.93 7.12

36 September 263.59 2.86 7.12

37 October 256.47 2.78 7.12

38 November 249.34 2.70 7.12

39 December 242.22 2.62 7.12

40 January 235.10 2.55 7.12

41 February 227.97 2.47 7.12

42 March 220.85 2.39 7.12 33.80 85.49

43 April 213.72 2.32 7.12

InstlNo. InstalmentMonth PrincpalOutstanding YearlyInterest YearlyInstalment


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44 May 206.60 2.24 7.12

45 June 199.48 2.16 7.12

46 July 192.35 2.08 7.12

47 August 185.23 2.01 7.12

48 September 178.10 1.93 7.12

49 October 170.98 1.85 7.12

50 November 163.85 1.78 7.12

51 December 156.73 1.70 7.1252 January 149.61 1.62 7.12

53 February 142.48 1.54 7.12

54 March 135.36 1.47 7.12 22.69 85.49

55 April 128.23 1.39 7.12

56 May 121.11 1.31 7.12

57 June 113.99 1.23 7.12

58 July 106.86 1.16 7.12

59 August 99.74 1.08 7.12

60 September 92.61 1.00 7.12

61 October 85.49 0.93 7.12

62 November 78.37 0.85 7.12

63 December 71.24 0.77 7.1264 January 64.12 0.69 7.12

65 February 56.99 0.62 7.12

66 March 49.87 0.54 7.12 11.58 85.49

67 April 42.74 0.46 7.12

68 May 35.62 0.39 7.12

69 June 28.50 0.31 7.12

70 July 21.37 0.23 7.12

71 August 14.25 0.15 7.12

72 September 7.12 0.08 7.12 1.62 42.74

177.97 427.45

Particulars 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

Interest 12.98 50.39 44.92 33.80 22.69 11.58

Princpal - 42.74 85.49 85.49 85.49 85.49


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2016-17

1.62 177.97

42.74 427.45


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Projected Profitability Statement

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

Share Capital 146.77 146.77 146.77 146.77 146.77 146.77

Reserves & Surplus 4.23 45.34 161.70 287.15 421.47 564.42

Term Liabilities

Term Loan 427.45 384.70 299.21 213.72 128.23 42.74Short term borrowings 10.50 25.00 0.00 0.00 0.00 0.00

Current Liabilities 2.58 34.04 75.58 80.27 84.83 89.28

591.53 635.86 683.27 727.92 781.30 843.22

Gross Block 200.43 200.43 200.43 200.43 200.43 200.43

5.93 28.82 48.61 65.73 80.55 93.38

Net Block 194.5 171.6 151.8 134.7 119.9 107.1

Live Stock 370.00 370.00 370.00 370.00 370.00 370.00

Current Assets 16.44 80.15 131.89 135.64 139.29 142.85

Cash Surplus 10.59 14.10 29.56 87.58 152.13 223.32

591.53 635.86 683.27 727.92 781.30 843.22

Difference 0.00 0.00 0.00 0.00 0.00 0.00

LIABILITIES:-

ASSETS:-

Less:- Depreciation


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(Rs. in Lakhs)

2016-17

146.77

715.08

0.000.00

93.25

955.10

200.43

104.50

95.9

370.00

146.02

343.15

955.10

0.00


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0

#REF!

#REF!

Debt Service Coverage Ratio

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

Source

Net Profit 4.23 41.11 116.36 125.46 134.31 142.96 150.66

Interest on Term Loan 12.98 50.39 44.92 33.80 22.69 11.58 1.62

Depreciation 5.93 22.90 19.79 17.12 14.81 12.83 11.12

Cash Inflows 23.13 114.40 181.06 176.38 171.82 167.37 163.40

Repayments

Instalments of Term Loan 0.00 42.74 85.49 85.49 85.49 85.49 42.74

Interest on Term Loan 12.98 50.39 44.92 33.80 22.69 11.58 1.62

12.98 93.13 130.41 119.29 108.18 97.07 44.37

DSCR 1.78 1.23 1.39 1.48 1.59 1.72 3.68

AVERAGE DSCR 1.84

Internal Rate of Return (IRR) 63%

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

Cash Outflows -574.22Cash Inflows 18.72 97.27 165.80 164.89 164.10 163.43 162.85


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41

Depreciation Statement

Gross Block

PARTICULARS Rate 2010-11 2011-12

Land 0% 20.00 20.00Buildings 10% 67.25 67.25

Plant & Machinery 15% 110.68 110.68

Electrical Equipments & Erections 15% 2.50 2.50

200.43 200.43

No. of Months 3 12

Depreciation

PARTICULARS 2010-11 2011-12

Land 0.00 0.00

Buildings 1.68 6.56

Plant & Machinery 4.15 15.98Electrical Equipments & Erections 0.09 0.36

5.93 22.90

Cumulative Depreciation


Land 0.00 0.00

Buildings 1.68 8.24

Plant & Machinery 4.15 20.13

Electrical Equipments & Erections 0.09 0.45

5.93 28.82

Net Block


Land 20.00 20.00

Buildings 65.57 59.01

Plant & Machinery 106.53 90.55

Electrical Equipments & Erections 2.41 2.05

194.50 171.61


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42

2012-13 2013-14 2014-15 2015-16 2016-17

20.00 20.00 20.00 20.00 20.0067.25 67.25 67.25 67.25 67.25

110.68 110.68 110.68 110.68 110.68

2.50 2.50 2.50 2.50 2.50

200.43 200.43 200.43 200.43 200.43

12 12 12 12 12

2012-13 2013-14 2014-15 2015-16 2016-17

0.00 0.00 0.00 0.00 0.00

5.90 5.31 4.78 4.30 3.87

13.58 11.55 9.81 8.34 7.090.31 0.26 0.22 0.19 0.16

19.79 17.12 14.81 12.83 11.12

2012-13 2013-14 2014-15 2015-16 2016-17

0.00 0.00 0.00 0.00 0.00

14.14 19.45 24.23 28.53 32.40

33.71 45.26 55.07 63.41 70.50

0.76 1.02 1.24 1.43 1.59

48.61 65.73 80.55 93.38 104.50

2012-13 2013-14 2014-15 2015-16 2016-17

20.00 20.00 20.00 20.00 20.00

53.11 47.80 43.02 38.72 34.85

76.97 65.42 55.61 47.27 40.18

1.74 1.48 1.26 1.07 0.91

151.82 134.70 119.88 107.05 95.93


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Summary of Performance Analysis

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

Net Sales 56.75 351.03 487.11 487.11 487.11 487.11 487.11

Gross Profit 27.60 150.76 257.56 257.56 257.56 257.56 257.56

Gross Profit % to Sales 49% 43% 53% 53% 53% 53% 53%

EBIDTA 25.66 138.94 240.98 240.98 240.98 240.98 240.98

% EBIDTA to Sales 45% 40% 49% 49% 49% 49% 49%

Depreciation 5.93 22.90 19.79 17.12 14.81 12.83 11.12

Interest 13.33 53.76 44.92 33.80 22.69 11.58 1.62

Profit Before Tax 6.41 62.28 176.27 190.06 203.47 216.57 228.23

% PBT to Sales 11% 18% 36% 39% 42% 44% 47%

Profit After Tax 4.23 41.11 116.36 125.46 134.31 142.96 150.66

% PAT to Sales 7% 12% 24% 26% 28% 29% 31%

Equity Capital 146.77 146.77 146.77 146.77 146.77 146.77 146.77

Reserves & Surplus 4.23 45.34 161.70 287.15 421.47 564.42 715.08

Tangible Net Worth 151.00 192.12 308.47 433.93 568.24 711.20 861.85

Term Loans 427.45 384.70 299.21 213.72 128.23 42.74 0.00

Debt Equity Ratio 2.83 2.00 0.97 0.49 0.23 0.06 0.00

Current Assets 16.44 80.15 131.89 135.64 139.29 142.85 146.02

Current Liabilities 2.58 34.04 75.58 80.27 84.83 89.28 93.25

Working Capital Gap 13.86 46.11 56.31 55.37 54.46 53.57 52.78

Working Capital Limits 10.50 25.00 0.00 0.00 0.00 0.00 0.00

Current Ratio 6.36 2.35 1.74 1.69 1.64 1.60 1.57

(Excluding TL Installments)

Fixed Assets 194.50 171.61 151.82 134.70 119.88 107.05 95.93

Fixed Assets Turnover Ratio 0.29 2.05 3.21 3.62 4.06 4.55 5.08

DSCR 1.78 1.23 1.39 1.48 1.59 1.72 3.68

Average DSCR

TOL/TNW 2.92 2.31 1.22 0.68 0.37 0.19 0.11


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200000

100

20,000,000.00

240,000,000.00

1.84

trinayan group _dairy farm

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