Project Report for Biomass Briquetting

PROJECT REPORT

OF

BIOMASS BRIQUETTES

M/S. ARYA BIO MASS

-: Prepared by:-

SHREYANS TEJPAL SHAH

Chartered Accountants

127/2, Rockel Lane,

Vakharbhag, Sangli

Tel: (0233) 2623625, 2622536

Project Report of M/s. Arya Bio Mass, prepared by CA Tejpal Chandrakant Shah

HIGHLIGHTS OF THE PROJECT

1. Name of the Project

: ARYA BIO MASS

2. Address of unit

: Gat No. 526, Shivajinagar, Borgaon,

Tal. Walwa, Dist. Sangli

3. Constitution

: Proprietorship

4. Nature of Activity

: Manufacturing of Biomass Briquettes

5.

Proprietor

: Mrs. Swati Vikas Patil

6. Cost of Project

: ₹ 45.00 Lacs

7. Means of Finance : Capital ₹ 33.00 Lacs

Bank Loan ₹ 12.00 Lacs

Total ₹ 45.00 Lacs


PROJECT REPORT

OF

BIOMASS BRIQUETTING

M/S. ARYA BIO MASS Introduction

Biomass briquettes are a biofuel substitute to coal and charcoal. Briquettes are mostly

used in the developing world, where cooking fuels are not as easily available. There has been a

move to the use of briquettes in the developed world, where they are used to heat industrial

boilers in order to produce electricity from steam. The briquettes are cofired with coal in order

to create the heat supplied to the boiler when the higher heat is needed.

This project is a project of manufacturing of Briquettes from any agro waste, bio mass and

bio waste. In this project, we intend to import and install a new technology from abroad, with

the help of which, we will be able to produce smoke less coal briquettes made from all types of

agro waste and biomass waste which currently are not used in conventional briquettes.

Introduction of the promoters:

This project is proposed by Mrs. Swati Vikas Patil. They have formed a private limited

company in the name as M/s. Arya Bio Mass for this project and both shall look after the

business. They have studied well about the market and now decided to start own unit.


Unit Registration Details:

This project is proposed as a proprietorship concern. Thus there is no process regarding

formation. This project shall be a small scale unit as per GR of Govt. of Maharashtra and MSME

Act. Registration under MSME Act as a SSI unit given by DIC is in process.

Technical Aspects & Production:

Biomass briquettes, mostly made of green waste and other organic materials, are

commonly used for electricity generation, heat, and cooking fuel. These compressed compounds

contain various organic materials, including rice husk, bagasse, ground nut shells, municipal solid

waste, and agricultural waste. The composition of the briquettes varies by area due to the

availability of raw materials. The raw materials are gathered and compressed into briquette in

order to burn longer and make transportation of the goods easier. These briquettes are very

different from charcoal because they do not have large concentrations of carbonaceous

substances and added materials. Compared to fossil fuels, the briquettes produce low net total

greenhouse gas emissions because the materials used are already a part of the carbon cycle and

nothing new is introduced in the cycle.

One of the most common variables of the biomass briquette production process is the

way the biomass is dried out. Manufacturers can use torrefaction, carbonization, or varying

degrees of pyrolysis. Researchers concluded that torrefaction and carbonization are the most

efficient forms of drying out biomass, but the use of the briquette determines which method

should be used. Basically, this is a physical process of percussion to be carried out. The process is

a continuous type having a small pressure Ram which continuously ramming the raw material

through the die, resulting into compressed briquettes.

Here, it is intended to introduce a new technology which is prevailing in the world market,

but it is not yet used in India. It is a technically improved technology giving smokeless coal at

lower cost and better results out of the bio waste. In India, the major used material for briquettes

is Baggasse while, with this machine agro waste such as dried plants, leaf waste of sugar cane

and other crops can be used for briquettes.


Building:

The machine is of robust design and is very compact in nature. It requires around 70 sq.

ft. of space. But, the remaining matters such as the raw material, and the finished goods requires

huge space. Thus for a project of 1000 Kg / Hr., around 2500 Sq. Ft. building shall be required,

estimated cost of which shall be around ₹ 10 Lacs. In this building, all the machinery i.e.

briquetting press and the chaff cutter shall be housed along with the materials stock. Building

required for this project shall include a small part for machinery and mostly open shed to store

the raw material.

Capacity:

Production capacity 1000 Kg. / Hr.

No. of working Day 300 days

No. of Shift Single/ Two

The project can be run throughout the year. We can stock the raw material and utilize it

later depending on the availability of the building and storage which actually gives us higher profit

due to price rise in shortage period i.e. rainy season.

Machinery:

In this project extrusion process is to be carried out, which requires only the single

machine of extrusion. But, apart from that, for preparation of raw material, we need chaff cutter.

The list of total machinery is as follows: -

1. Briquetting Press

2. Chaff Cutter

3. Weigh Scale

4. Packing Machine


Manufacturing Process & Effluent:

In this unit, there is a single process of percussion is to be carried out. Apart from that, as

a background process or preparatory process, the chaff cutter is used so that to prepare raw

material in the required smaller input form.

All the processes are physical processes and do not involve water and other chemicals.

Thus, there is no effluent generated. There is no waste generated as all the items used are bound

together and converted into the briquettes. The waste and the remains can be gathered and be

put back in the manufacturing process to be utilized.

Process Flow Chart:

Or a simpler process can be shown as follows: -


Marketing and Demand:

There are no such projects around as we are bringing some new technology from abroad.

The technology which is used in India, is a basic technology of mechanical pressing which uses a

huge rammer with heavy power, but this new technology consist of percussion process, which

enables to produce smokeless coal briquettes with half power consumption and smaller area.

Thus, we can see an immense demand for our product. We intend to target the textile

industry for marketing situated in the nearby town of Ichalkaranji, where the daily demand of

the firewood is more than 200 truckloads. Thus, we can see that, the supply against the demand

is less than 1 %, which denotes, that we may have to go into huge expansion sooner to capture

1% of market share.

Means of Finance:

This project shall be financed in following manner:

₹ In Lacs

A. Capital contribution 12.00

B. Bank Term Loan 33.00

Total 90.00

Project cost Details:

₹ In Lacs

A. Land and Development 05.00

B. Building 10.00

C. Plant & Machinery 17.00

D. Electrification & Installation 08.00

E. Tractor & Impliments 05.00

Total 45.00

Implementation Schedule:

This project will be implemented in following schedule:


Sr. No. Activity Period

1. Acquisition and development of land Own

2. Civil work and building construction 5 months

3. Procurement of machinery and equipment 1-2 months

4. Arrangement for power supply 1 month

5. Water supply Arrangements 2 weeks

6. Erection and installation of machinery 1 month

7. Initial Procurement and commissioning 1 month

8. Trial Runs 2 weeks

9. Commercial Production 1 week

As the above said activities shall start after allotment of plot, and shall be completed

within three years from allotment.

Financial Analysis:

Attached separately.

* * * * *

04/02/2015Date :

Cost of the Project and Means of FinanceRs in one hundred thousands

Biomass Briquetting - Arya Bio Mass

Gat No. 526, Shivajinagar, Borgaon, Tal. Walwa, Dist. Sangli

Description Amount

Land and Development 5.00Building and Civil Works 10.00Plant and Machinery 22.00Erection and Commissioning 0.00Electrification 8.00Testing Equipments 0.00Vehicles 0.00Furnitures and Fixtures 0.00Preliminary Expenses 0.00Preoperative Expenses 0.00Miscellaneous Fixed Assets 0.00Contingencies 0.00Additional Assets 0.00Investments 0.00Working Capital Margin Money 4.45Other Assets 0.00TOTAL COST OF PROJECT 49.45Secured Loans 33.00Seed Capital Loans 0.00Deferred Payment Loans 0.00Debentures 0.00Unsecured Loans 0.00Other Liabilities 0.00Promoter's Contribution (Ordinary Shares) 16.45Promoter's Contribution (Preferential Shares) 0.00Subsidy 0.00TOTAL MEANS OF FINANCE 49.45TOTAL DEBT 33.00TOTAL EQUITY 0.00DEBT EQUITY RATIO (DER) 275000

Page No. 1 Cost of the Project and Means of Finance

04/02/2015Date :Biomass Briquetting - Arya Bio Mass

Annexure ReportGat No. 526, Shivajinagar, Borgaon, Tal. Walwa, Dist. Sangli

I. PROPOSED ASSETS 1. Land And Development 1. Plot Year of Existence : 1 Amount : 500,000.00 Purchase Time : First Half Year

2. Building and Civil Works 1. Factory Building Year of Existence : 1 Amount : 1,000,000.00 Depreciation Rate : 10% Depreciation Rate(IT) : 10% Purchase Time : First Half Year

3. Plant And Machinery 1. Tractor & Equipments Year of Existence : 1 Amount : 500,000.00 Depreciation Rate : 15% Depreciation Rate(IT) : 15% Purchase Time : First Half Year

2. Briquetting Machinery Year of Existence : 1 Amount : 1,700,000.00 Depreciation Rate : 15% Depreciation Rate(IT) : 15% Purchase Time : First Half Year

4. Electrification 1. Transformer & Installation Year of Existence : 1 Amount : 800,000.00 Depreciation Rate : 15% Depreciation Rate(IT) : 15% Purchase Time : First Half Year

II. PROPOSED LIABILITIES 1. Secured Term Loans 1. Bank Term Loan Year of Existence : 1 Amount : 3,300,000.00 Repayment Holiday(Terms) : 0 General Interest Rate : 13% Installment Term : Monthly Loan Starting Term In Starting Year : 1 --------------------------------------------- Sl-No Inst-Amount Terms Interest %

Page No 1Profin PlusAnnexure Report

--------------------------------------------- 1 55,000.00 60 13 ---------------------------------------------

III. PROPOSED INCOMES 1. Sales / Gross Receipts 1. Briquettes Year of Existence : From Year 1 To 10 Quantity : 3000 Rate : 4,500.00 Amount : 13,500,000.00 % of Cash Sales : 20 Inflation : 5% Excise : 0% Sales Category : Domestic Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Other Details : 10 MT per day X 300 days Starting Month : 1

IV. PROPOSED EXPENSES 1. Raw Materials Consumed 1. Various Raw Materials Year of Existence : From Year 1 To 10 Quantity : 3060 Rate : 2,250.00 Amount : 6,885,000.00 % of Cash Purchases : 10 Inflation : 5% BEP Fixed : 0% Related Product : Briquettes Category : Indigenous Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Starting Month : 1

2. Consumable Stores Consumed 1. Ramming Rod Year of Existence : From Year 1 To 10 Quantity : 16 Rate : 4,000.00 Amount : 64,000.00 % of Cash Purchases : 100 Inflation : 10% BEP Fixed : 0% Related Product : Briquettes Category : Indigenous Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Other Details : Ramming Rod 1 per 200 MT Starting Month : 1

3. Power and Fuel 1. Electricity Year of Existence : From Year 1 To 10 Quantity : 201000 Rate : 7.10


Amount : 1,427,100.00 Inflation : 2% BEP Fixed : 0% Related Product : Briquettes Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Other Details : 90 HP (67 KW) x 10 Hrs per day X 300 days Starting Month : 1

4. Direct Labour and Wages 1. Unskilled Labour Year of Existence : From Year 1 To 10 Amount : 264,000.00 Inflation : 5% BEP Fixed : 0% Related Product : Briquettes Job Type : Permanent Skill Type : Unskilled Labour, Number of people : 4 Salary/Wages :5500 Annual Salary/Wages Hike : 0% Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Starting Month : 1

2. Skilled Labours Year of Existence : From Year 1 To 10 Amount : 180,000.00 Inflation : 5% BEP Fixed : 0% Related Product : Briquettes Job Type : Permanent Skill Type : Skilled Labour, Number of people : 2 Salary/Wages :7500 Annual Salary/Wages Hike : 0% Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Starting Month : 1

5. Repairs and Maintenance 1. Maintenance Year of Existence : From Year 1 To 10 Amount : 85,000.00 % of Cash Purchases : 0 Inflation : 0% BEP Fixed : 0% 5% on Machinery Item - Briquetting Machinery Related Product : Briquettes Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Starting Month : 1

6. Other Direct Expenses 1. Transportation Year of Existence : From Year 1 To 10 Quantity : 3060 Rate : 500.00


Amount : 1,530,000.00 Inflation : 5% BEP Fixed : 0% Related Product : Briquettes Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Starting Month : 1

7. Factory Overheads 1. Manufacturing Expenses Year of Existence : From year 1 to 10 Amount : 0.00 Inflation : 0% BEP Fixed : 0% Related Product : Briquettes Growth Type : 1% On Total Sales Based Related(General Parameters) for Working Capital Analysis Starting Month : 1

8. Administrative Expenses 1. Office Expenses Year of Existence : From Year 1 To 10 Quantity : 12 Rate : 7,500.00 Amount : 90,000.00 Inflation : 5% BEP Fixed : 0% Related Product : Briquettes Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis Starting Month : 1

9. Salaries (Indirect) 1. Office Staff Year of Existence : From Year 1 To 10 Amount : 96,000.00 Inflation : 5% BEP Fixed : 0% Related Product : Briquettes Job Type : Permanent Skill Type : Manegerial, Number of people : 1 Salary/Wages :8000 Annual Salary/Wages Hike : 0% Growth Type : Overall COU Based Related(General Parameters) for Working Capital Analysis. Starting Month : 1

10. Selling Expenses 1. Selling Expenses Year of Existence : From Year 1 To 10 Amount : 0.00 Inflation : 0% BEP Fixed : 0% Growth Type : 3% On Total Sales Based Related(General Parameters) for Working Capital Analysis Starting Month : 1


V. OTHER PROJECT PARAMETERS 1. Overall Capacity Utilization Percentages Yr-1: 50.00% Yr-2: 50.00% Yr-3: 50.00% Yr-4: 50.00% Yr-5: 50.00%

2. Working Capital Parameters ---------------------------------------------------------------------------------- Holding Period(Days) Margin-% Interest-% Import/ Domestic/ Import/ Domestic/ Import/ Domestic/ Export Domestic Export Others Export Others ---------------------------------------------------------------------------------- 1. Raw Materials 0 30 0.00 25.00 0.00 13.00 2. Packing Materials 0 0 0.00 0.00 0.00 0.00 3. Consumables 0 60 0.00 25.00 0.00 13.00 4. Work In Progress 2 25.00 13.00 5. Finished Goods 7 25.00 13.00 6. Sundry Debtors 0 30 0.00 25.00 0.00 13.00 7. Adv-RM Suppliers 0 0 8. Adv-PM Suppliers 0 0 9. Adv-Con Suppliers 0 0 10. Sundry Creditors(RM) 0 15 11. Sundry Creditors(PM) 0 0 12. Sundry Creditors(CN) 0 0 13. Adv From Customers 0 0 13. Adv From Customers 0 0 15. Normal Working Exp 7 25.00 13.00 16. Margin Money Calculation Method : Flexible Bank Finance Method ----------------------------------------------------------------------------------

3. Income Tax Parameters ------------------------------------------ Deductions Percentages ------------------------------------------ ------------------------------------------ -------------------------------- Slabs Tax % -------------------------------- Above Specified Limit 0.00 --------------------------------


04/02/2015Date :

Cost of Production and Profitability StatementRs in one hundred thousands

Biomass Briquetting - Arya Bio MassGat No. 526, Shivajinagar, Borgaon, Tal. Walwa, Dist. Sangli

Year No ------------ > 2016-17 2017-18 2018-19 2019-202015-16

Sales / Gross ReceiptsExport SalesDomestic Sales Domestic Sales 135.00 141.75 148.84 156.28 164.09A) Gross Sales / Receipts 135.00 141.75 148.84 156.28 164.09Other IncomesInterests / Dividends Received 0.00 0.00 0.00 0.00 0.00B) Net Income 135.00 141.75 148.84 156.28 164.09Cost of SalesIndigenous Raw Materials 68.85 72.29 75.91 79.70 83.69Indigenous Consumable Storesd 0.64 0.70 0.77 0.85 0.94Power and Fuel 14.27 14.56 14.85 15.14 15.45Direct Labour and Wages 4.44 4.66 4.90 5.14 5.40Repairs and Maintenance 0.85 0.85 0.85 0.85 0.85Other Direct Expenses 15.30 16.07 16.87 17.71 18.60Factory Overheads 1.35 1.42 1.49 1.56 1.64Depreciation 5.50 5.50 5.50 5.50 5.50Add Opening Stocks of Work in Process 0.00 0.03 0.03 0.03 0.03Add Opening Stocks of Finished Goods 0.00 0.18 0.19 0.19 0.20Less Closing Stocks of Work in Process 0.03 0.03 0.03 0.03 0.03Less Closing Stocks of Finished Goods 0.18 0.19 0.19 0.20 0.20C) Total Operating Expenses 110.99 116.04 121.13 126.46 132.05D) Gross Profit (B-C) 24.01 25.71 27.71 29.82 32.04Non Operative Expenses Interests Secured Loans 3.90 3.04 2.18 1.32 0.46 UnSecured Loans 0.00 0.00 0.00 0.00 0.00 Deferred Loans 0.00 0.00 0.00 0.00 0.00 Debentures 0.00 0.00 0.00 0.00 0.00 Seed Capital Loans 0.00 0.00 0.00 0.00 0.00 Working Capital Loans 1.30 1.30 1.30 1.30 1.30Administrative Expenses 0.90 0.95 0.99 1.04 1.09Salaries (Indirect) 0.96 1.01 1.06 1.11 1.17Selling Expenses 4.05 4.25 4.47 4.69 4.92Preoperative Expenses Written-Off 0.00 0.00 0.00 0.00 0.00E) Total Non Operating Expenses 11.11 10.54 10.00 9.46 8.95F) Profit Before Tax (PBT) 12.91 15.16 17.71 20.36 23.09Provision for Taxation 0.00 0.00 0.00 0.00 0.00G) Profit After Tax (PAT) 12.91 15.16 17.71 20.36 23.09

Cost of Production and Profitability Statement

04/02/2015Date :

Income Tax Report Rs in one hundred thousands


Year No ------------ > 2016-17 2017-18 2018-19 2019-202015-16Profit Before Tax (PBT) 12.91 15.16 17.71 20.36 23.09Add Depreciation back 5.50 5.50 5.50 5.50 5.50Less Depreciation by WDV Method (IT) 5.50 4.72 4.06 3.49 3.01Profit/Loss for IT 12.91 15.94 19.15 22.36 25.59Less Partners' Salary 0.00 0.00 0.00 0.00 0.00Less NonTaxable Investments 0.00 0.00 0.00 0.00 0.00Adjust Previous Losses 0.00 0.00 0.00 0.00 0.00Net Income/Loss 12.91 15.94 19.15 22.36 25.59Taxable Income/Loss 12.91 15.94 19.15 22.36 25.59Tax 0.00 0.00 0.00 0.00 0.00Profit After Tax (PAT) 12.91 15.94 19.15 22.36 25.59

Income Tax Report

04/02/2015Date :

Cash Flow StatementRs in one hundred thousands


Year No ------------ > 2016-17 2017-18 2018-19 2019-202015-16

A) SOURCES OF FUNDS

1. Cash Accruals (Before Tax & Interests) 16.80 18.20 19.90 21.68 23.56

2. Increase in

a. Share Capital 16.45 0.00 0.00 0.00 0.00

b. Subsidy 0.00 0.00 0.00 0.00 0.00

3. Depreciation 5.50 5.50 5.50 5.50 5.50

4. Increase in Long Term Loans

a. Secured Loans 33.00 0.00 0.00 0.00 0.00

b. Seed Capital Loans 0.00 0.00 0.00 0.00 0.00

c. Debentures 0.00 0.00 0.00 0.00 0.00

5. Increase in Deferred Credits 0.00 0.00 0.00 0.00 0.00

6. Increase in Unsecured Loans 0.00 0.00 0.00 0.00 0.00

7. Increase in Working Capital Loans 10.00 0.00 0.00 0.00 0.00

8. Increase in WC for Normal Working Exp 2.14 0.10 0.10 0.11 0.11

9. Preoperative Expenses Written-Off 0.00 0.00 0.00 0.00 0.00

10.Sale of Fixed Assets 0.00 0.00 0.00 0.00 0.00

11.Decrease in Investments 0.00 0.00 0.00 0.00 0.00

12.Others 0.00 0.00 0.00 0.00 0.00

TOTAL SOURCES OF FUNDS 83.89 23.80 25.50 27.29 29.17

B) DISPOSITION OF FUNDS

1. Capital Expenditure 45.00 0.00 0.00 0.00 0.00

2. Increase in Investments 0.00 0.00 0.00 0.00 0.00

3. Increase in Current Assets 14.45 0.71 0.75 0.79 0.83

4. Increase in

a. Preliminary Expenses 0.00 0.00 0.00 0.00 0.00

b. Preoperative Expenses 0.00 0.00 0.00 0.00 0.00

5. Decrease in

a. Secured Loans 6.60 6.60 6.60 6.60 6.60

b. Seed Capital Loans 0.00 0.00 0.00 0.00 0.00

c. Debentures 0.00 0.00 0.00 0.00 0.00

6. Decrease in Deferred Credits 0.00 0.00 0.00 0.00 0.00

7. Decrease in Unsecured Loans 0.00 0.00 0.00 0.00 0.00

8. Taxation 0.00 0.00 0.00 0.00 0.00

9. Interest 3.90 3.04 2.18 1.32 0.46

10.Dividends 0.00 0.00 0.00 0.00 0.00

11.Withdrawals 0.00 0.00 0.00 0.00 0.00

TOTAL DISPOSITION OF FUNDS 69.94 10.35 9.53 8.71 7.89

Opening Cash & Bank Balance 0.00 13.95 27.39 43.36 61.94

Surplus/Deficit 13.95 13.45 15.97 18.58 21.28

Closing Cash & Bank Balance 13.95 27.39 43.36 61.94 83.22

Cash Flow Statement

04/02/2015Date :

Balance Sheet (Company Format)Rs in one hundred thousands


Year No ------------ > 2016-17 2017-18 2018-19 2019-202015-16A) SOURCES OF FUNDS 1. SHARE HOLDERS' FUNDS a) Share Capital i. Ordinary Share Capital 16.45 16.45 16.45 16.45 16.45 ii.Preferential Share Capital 0.00 0.00 0.00 0.00 0.00 b) Subsidy 0.00 0.00 0.00 0.00 0.00 c) Reserves and Surplus i. Reserves 0.00 0.00 0.00 0.00 0.00 ii. Surplus 12.91 28.07 45.78 66.14 89.23 2. LOAN FUND a. Secured Loans i. Secured Term Loans 26.40 19.80 13.20 6.60 0.00 ii. Seed Capital Loans 0.00 0.00 0.00 0.00 0.00 iii.Debentures 0.00 0.00 0.00 0.00 0.00 iv. Deferred Credits 0.00 0.00 0.00 0.00 0.00 b) Unsecured Loans 0.00 0.00 0.00 0.00 0.00TOTAL SOURCES OF FUNDS 55.75 64.32 75.43 89.19 105.68APPLICATION OF FUNDS 1. FIXED ASSETS a) Gross Block 0.00 45.00 45.00 45.00 45.00 b) Additions 45.00 0.00 0.00 0.00 0.00 c) Deletions 0.00 0.00 0.00 0.00 0.00 d) Less Depreciation 5.50 11.00 16.50 22.00 27.50 e) Net Block 39.50 34.00 28.50 23.00 17.50 2. DEPOSITS AND INVESTMENTS 0.00 0.00 0.00 0.00 0.00 3. CURRENT ASSETS, LOANS & ADVANCES a) Inventories 5.98 6.27 6.59 6.92 7.26 b) Sundry Debtors 8.88 9.32 9.79 10.28 10.79 c) Closing Cash & Bank Balance 13.95 27.39 43.36 61.94 83.22 d) Loans and Advances 0.00 0.00 0.00 0.00 0.00 LESS CURRENT LIABILITIES a) Sundry Creditors 2.55 2.67 2.81 2.95 3.10 b) Working Capital Loans 10.00 10.00 10.00 10.00 10.00 c) Advances From Customers 0.00 0.00 0.00 0.00 0.00 4. MISCELLANEOUS EXPENDITURE a) Preliminary Expenses 0.00 0.00 0.00 0.00 0.00 b) Preoperative Expenses 0.00 0.00 0.00 0.00 0.00TOTAL APPLICATION OF FUNDS 55.75 64.32 75.43 89.19 105.68

Balance Sheet (Company Format)

04/02/2015Date :

Working Capital AnalysisRs in one hundred thousands


Year No ------------ > 2016-17 2017-18 2018-19 2019-202015-16CURRENT ASSETS Raw Materials (Imported) 0.00 0.00 0.00 0.00 0.00 Raw Materials (Indigenous) 5.66 5.94 6.24 6.55 6.88 Packing Materials (Imported) 0.00 0.00 0.00 0.00 0.00 Packing Materials (Indigenous) 0.00 0.00 0.00 0.00 0.00 Consumable Stores (Imported) 0.00 0.00 0.00 0.00 0.00 Consumable Stores (Indigenous) 0.11 0.12 0.13 0.14 0.15 Work In Process 0.03 0.03 0.03 0.03 0.03 Finished Goods 0.18 0.19 0.19 0.20 0.20 Sundry Debtors (Export Oriented) 0.00 0.00 0.00 0.00 0.00 Sundry Debtors (Domestic) 8.88 9.32 9.79 10.28 10.79 Advances To Suppliers (Imported) 0.00 0.00 0.00 0.00 0.00 Advances To Suppliers (Indigenous) 0.00 0.00 0.00 0.00 0.00 Normal Working Expenses 2.14 2.24 2.34 2.45 2.56TOTAL CURRENT ASSETS 16.99 17.83 18.72 19.64 20.62CURRENT LIABILITIES Sundry Creditors (Imported) 0.00 0.00 0.00 0.00 0.00 Sundry Creditors (Indigenous) 2.55 2.67 2.81 2.95 3.10 Advance From Customers (Export 0.00 0.00 0.00 0.00 0.00 Advance From Customers (Domestic) 0.00 0.00 0.00 0.00 0.00TOTAL CURRENT LIABILITIES 2.55 2.67 2.81 2.95 3.10WORKING CAPITAL GAP 14.45 15.16 15.91 16.70 17.52WORKING CAPITAL BANK FINANCE 10.00 10.00 10.00 10.00 10.00WORKING CAPITAL MARGIN MONEY 4.45 5.16 5.91 6.70 7.52

Working Capital Analysis

04/02/2015Date :

Fund Flow Statement Rs in one hundred thousands


Year No ------------ > 2016-17 2017-18 2018-19 2019-202015-16A) SOURCES OF FUNDS 1. Cash Accruals (Before Tax & Interests) 16.80 18.20 19.90 21.68 23.56 2. Increase in a. Share Capital 16.45 0.00 0.00 0.00 0.00 b. Subsidy 0.00 0.00 0.00 0.00 0.00 3. Depreciation 5.50 5.50 5.50 5.50 5.50 4. Increase in Long Term Loans a. Secured Loans 33.00 0.00 0.00 0.00 0.00 b. Seed Capital Loans 0.00 0.00 0.00 0.00 0.00 c. Debentures 0.00 0.00 0.00 0.00 0.00 5. Increase in Deferred Credits 0.00 0.00 0.00 0.00 0.00 6. Increase in Unsecured Loans 0.00 0.00 0.00 0.00 0.00 7. Increase in Working Capital Loans 10.00 0.00 0.00 0.00 0.00 8. Increase in WC for Normal Working Exp 2.14 0.10 0.10 0.11 0.11 9. Preoperative Expenses Written-Off 0.00 0.00 0.00 0.00 0.00 10.Sale of Fixed Assets 0.00 0.00 0.00 0.00 0.00 11.Decrease in Investments 0.00 0.00 0.00 0.00 0.00 12.Others 0.00 0.00 0.00 0.00 0.00TOTAL SOURCES OF FUNDS 83.89 23.80 25.50 27.29 29.17B) DISPOSITION OF FUNDS 1. Capital Expenditure 45.00 0.00 0.00 0.00 0.00 2. Increase in Investments 0.00 0.00 0.00 0.00 0.00 3. Increase in Current Assets 14.45 0.71 0.75 0.79 0.83 4. Increase in a. Preliminary Expenses 0.00 0.00 0.00 0.00 0.00 b. Preoperative Expenses 0.00 0.00 0.00 0.00 0.00 5. Decrease in a. Secured Loans 6.60 6.60 6.60 6.60 6.60 b. Seed Capital Loans 0.00 0.00 0.00 0.00 0.00 c. Debentures 0.00 0.00 0.00 0.00 0.00 6. Decrease in Deferred Credits 0.00 0.00 0.00 0.00 0.00 7. Decrease in Unsecured Loans 0.00 0.00 0.00 0.00 0.00 8. Taxation 0.00 0.00 0.00 0.00 0.00 9. Interest 3.90 3.04 2.18 1.32 0.46 10.Dividends 0.00 0.00 0.00 0.00 0.00 11.Withdrawals 0.00 0.00 0.00 0.00 0.00 12.Surplus/Deficit 13.95 13.45 15.97 18.58 21.28TOTAL DISPOSES 83.89 23.80 25.50 27.29 29.17

Fund Flow Statement

04/02/2015Date :

DSCR Statement Rs in one hundred thousands


Year No ------------ > 2016-17 2017-18 2018-19 2019-202015-16A) Profit After Tax (PAT) 12.91 15.16 17.71 20.36 23.09B) Add back Depreciation 5.50 5.50 5.50 5.50 5.50C) Add back Written-Off Preop Exp 0.00 0.00 0.00 0.00 0.00D) Net Cash Accruals 18.41 20.66 23.21 25.86 28.59E) Repayment Obligations Secured Loans 6.60 6.60 6.60 6.60 6.60 UnSecured Loans 0.00 0.00 0.00 0.00 0.00 Deferred Loans 0.00 0.00 0.00 0.00 0.00 Debentures 0.00 0.00 0.00 0.00 0.00 Seed Capital Loans 0.00 0.00 0.00 0.00 0.00Total Repayments 6.60 6.60 6.60 6.60 6.60F) Debt Service Ratio (D / E) 2.79 3.13 3.52 3.92 4.33 DSR Mean (Yr 1 to 5) is 3.54G) Net Cash Accruals 18.41 20.66 23.21 25.86 28.59H) Total Interest from Term Borrowings 3.90 3.04 2.18 1.32 0.46I) Total (G + H) 22.30 23.70 25.40 27.18 29.06J) Total Repayments of Term 6.60 6.60 6.60 6.60 6.60K) Total Interest from Term Borrowings 3.90 3.04 2.18 1.32 0.46L) Total (J + K) 10.50 9.64 8.78 7.92 7.06M) Debt Service Coverage Ratio (I / L) 2.12 2.46 2.89 3.43 4.11 DSCR Mean (Yr 1 to 5) is 3.00

DSCR Statement

04/02/2015Date :

Depreciation ReportRs in one hundred thousands


Method Used : Straight Line Method

Year No ------------ > Opening-Amt Additions Deletions Depriciation Closing-Amt

Asset Name : Building and Civil Works

1 10.00 0.00 0.00 1.00 9.002 9.00 0.00 0.00 1.00 8.003 8.00 0.00 0.00 1.00 7.004 7.00 0.00 0.00 1.00 6.005 6.00 0.00 0.00 1.00 5.006 5.00 0.00 0.00 1.00 4.007 4.00 0.00 0.00 1.00 3.008 3.00 0.00 0.00 1.00 2.009 2.00 0.00 0.00 1.00 1.0010 1.00 0.00 0.00 1.00 0.00

10.00Assetwise Total

Asset Name : Plant and Machinery

1 22.00 0.00 0.00 3.30 18.702 18.70 0.00 0.00 3.30 15.403 15.40 0.00 0.00 3.30 12.104 12.10 0.00 0.00 3.30 8.805 8.80 0.00 0.00 3.30 5.506 5.50 0.00 0.00 3.30 2.207 2.20 0.00 0.00 2.20 0.008 0.00 0.00 0.00 0.00 0.009 0.00 0.00 0.00 0.00 0.0010 0.00 0.00 0.00 0.00 0.00

22.00Assetwise Total

Asset Name : Electrification

1 8.00 0.00 0.00 1.20 6.802 6.80 0.00 0.00 1.20 5.603 5.60 0.00 0.00 1.20 4.404 4.40 0.00 0.00 1.20 3.205 3.20 0.00 0.00 1.20 2.006 2.00 0.00 0.00 1.20 0.807 0.80 0.00 0.00 0.80 0.008 0.00 0.00 0.00 0.00 0.009 0.00 0.00 0.00 0.00 0.0010 0.00 0.00 0.00 0.00 0.00

8.00Assetwise Total

Page No. 1 Depreciation Report

04/02/2015Date :

Repayment & Interest Schedule of Term Loans

Rs in one hundred thousands


Secured Loans

General Interest Rate :Morotorium Period (Terms) :Repayment Type :

Amount :Loan Existence Year :

13 %

Monthly33.00

1

Year NoOpeningBalance

InstallmentDuring Year

InterestDuring Year

ClosingBalance

Bank Term Loan

1 33.00 6.60 3.90 26.402 26.40 6.60 3.04 19.803 19.80 6.60 2.18 13.204 13.20 6.60 1.32 6.605 6.60 6.60 0.46 0.006 0.00 0.00 0.00 0.007 0.00 0.00 0.00 0.008 0.00 0.00 0.00 0.009 0.00 0.00 0.00 0.0010 0.00 0.00 0.00 0.00

10.90Total 33.00

Page No. 1 Repayment & Interest Schedule of Term Loans

Project Report for Biomass Briquetting

Documents

Transcript of Project Report for Biomass Briquetting