CMA-Vijay-22-06-2014

PROJECT REPORT

OF

M/S HOTEL VIJOYA PVT. LTD.HOTEL INDUSTRY

Prepared by

P A M S & Associates

Chartered Accountants

Plot No 506, Behind Baya Baba Math

Bhubaneswar - 751022

Ph. No. - 674 - 2543528

Name of the Project HOTEL VIJOYA PVT. LTD.

Constitution Private Company

Nature of the Project HOTEL BUSINESS

Name of the Organisation HOTEL VIJOYA PVT. LTD.

Location of the Organisation CT ROAD, PURI - 752002

Director BIJAY MAHAKUL

JULLIE ANAMIKA

Cost of the Project Rs. 502,190,000.00

Means of Finance

Term Loan Rs. 500,000,000.00

Moratorium 9 months

Repayment 24 Quarterly installment of Rs. 125.00 lakh each,

exclusive of interest, from July 2014

Rate of Interest Applied @ 5.00% per annum

Promoters Contribution Rs. 2,190,000.00

Gross DSCR 1.82Net DSCR 2.03

PROJECT HIGHLIGHTS

ASSUPTIONS OF THE PROJECT

1 Sanction of loan is expected to be fron 1st July 2014

2 Moritorium on Term Loan has been considered for 9 months.

3 Interest on Term Loan has been considered @ 0.05% per annum.

4 Term Loan is expected to be repaid within 10 Years

5 Increase in Sales Price is Assumed to be 5% every year.

6 Income Tax has been asumed to be paid in advance during the relevant Financial Year, Hance current liabilities excludes provision for I. Tax

Income Tax has been asumed to be paid in advance during the relevant Financial Year, Hance current liabilities excludes provision for I. Tax

DETAILS OF PROJECT COST & MEANS OF FINANCE WITH BREAK UP:

(Rs. in Lacs)

PROJECT COST :

SL. NO. PARTICULARS Schedule Proposed Total

1 Plant & Machinary II 123.62 123.62

2 Building 83.28 83.28

3 Furniture & Fixture, 20.37 20.37

Safety Equip, Fans, Lighting,etc.

4 Vehicle 12.86 12.86

5 Computers, Softwares and Survilence 2.38 2.38

7 Other Assets 142.03

8 Goodwill 4,637.36 4,637.36

TOTAL CAPITAL COST 5,021.90 4,879.87

TOTAL 5,021.90 4,879.87

MEANS OF FINANCE :

Owners Contribution 21.90 21.90

Private Finance 5,000.00 5,000.00

Total 5,021.90 4,879.87

Shree Cuttack Sweets Stall

REPAYMENT SCHEDULE OF TERM LOAN

Term loan : Rs. 5,000.00

Rate of interest : 5.00% p.a.

Installment per Quarter : Rs. 125.00 Lacs

Moritorium Period 9 Months (Rs. In Lacs)

Term loan Repayment Closing Interest

Period Quarter Outstanding Installments Balance Loan Interest

14-15 1st quarter

2nd quarter 5,000.00 - 5,000.00 62.50

3rd quarter 5,000.00 - 5,000.00 62.50

4th quarter 5,000.00 - 5,000.00 62.50 - 187.50

15-16 1st quarter 5,000.00 125.00 4,875.00 62.50

2nd quarter 4,875.00 125.00 4,750.00 60.94

3rd quarter 4,750.00 125.00 4,625.00 59.38

4th quarter 4,625.00 125.00 4,500.00 57.81 500.00 240.63

16-17 1st quarter 4,500.00 125.00 4,375.00 56.25

2nd quarter 4,375.00 125.00 4,250.00 54.69

3rd quarter 4,250.00 125.00 4,125.00 53.13

4th quarter 4,125.00 125.00 4,000.00 51.56 500.00 215.63

17-18 1st quarter 4,000.00 125.00 3,875.00 50.00

2nd quarter 3,875.00 125.00 3,750.00 48.44

3rd quarter 3,750.00 125.00 3,625.00 46.88

4th quarter 3,625.00 125.00 3,500.00 45.31 500.00 190.63

18-19 1st quarter 3,500.00 125.00 3,375.00 43.75

2nd quarter 3,375.00 125.00 3,250.00 42.19

3rd quarter 3,250.00 125.00 3,125.00 40.63

4th quarter 3,125.00 125.00 3,000.00 39.06 500.00 165.63

19-20 1st quarter 3,000.00 125.00 2,875.00 37.50

2nd quarter 2,875.00 125.00 2,750.00 35.94

3rd quarter 2,750.00 125.00 2,625.00 34.38

4th quarter 2,625.00 125.00 2,500.00 32.81 500.00 140.63

Yearly Repayment


20-21 1st quarter 2,500.00 125.00 2,375.00 31.25

2nd quarter 2,375.00 125.00 2,250.00 29.69

3rd quarter 2,250.00 125.00 2,125.00 28.13

4th quarter 2,125.00 125.00 2,000.00 26.56 500.00 115.63

21-22 1st quarter 2,000.00 125.00 1,875.00 25.00

2nd quarter 1,875.00 125.00 1,750.00 23.44

3rd quarter 1,750.00 125.00 1,625.00 21.88

4th quarter 1,625.00 125.00 1,500.00 20.31 500.00 90.63

22-23 1st quarter 1,500.00 125.00 1,375.00 18.75

2nd quarter 1,375.00 125.00 1,250.00 17.19

3rd quarter 1,250.00 125.00 1,125.00 15.63

4th quarter 1,125.00 125.00 1,000.00 14.06 500.00 65.63

23-24 1st quarter 1,000.00 125.00 875.00 12.50

2nd quarter 875.00 125.00 750.00 10.94

3rd quarter 750.00 125.00 625.00 9.38

4th quarter 625.00 125.00 500.00 7.81 500.00 40.63

24-25 1st quarter 500.00 125.00 375.00 6.25

2nd quarter 375.00 125.00 250.00 4.69

3rd quarter 250.00 125.00 125.00 3.13

4th quarter 125.00 125.00 - 1.56 500.00 15.63

T O T A L 5,000.00 1,468.80

SUMMARY

14-15 15-16 16-17 17-18 18-19 19-20 20-21 21-22 22-23

1st Year 2nd Year 3rd Year 4th Year 5th Year 6th Year 7th Year 8th Year 9th Year

Repayment of Principal - 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00

Interest on Term Loan 187.50 240.63 215.63 190.63 165.63 140.63 115.63 90.63 65.63

Interest on WC Loan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

187.50 240.63 215.63 190.63 165.63 140.63 115.63 90.63 65.63T O T A L Interest

SCHEDULE OF FIXED ASSETS FOR THE YEAR ENDING ON 31ST MARCH 2014 :

S.No. NAME OF ASSETS OB Additions CB OB DEP CB OB CB

01. PLANT & MACHINERY 123.62 - 123.62 - 18.54 18.54 123.62 105.08

02. BUILDING 83.28 - 83.28 - 8.33 8.33 83.28 74.95

03. FURNITURE & FIXTURE 20.37 - 20.37 - 2.04 2.04 20.37 18.33

04. VEHICLE 12.86 - 12.86 - 1.93 1.93 12.86 10.93

05. COMPUTERS 2.38 - 2.38 - 1.43 1.43 2.38 0.95

T O T A L 242.51 - 242.51 - 32.27 32.27 242.51 210.24



01. PLANT & MACHINERY 123.62 123.62 18.54 15.76 34.30 105.08 89.32

02. FURNITURE FIXTURES 83.28 83.28 8.33 7.50 15.83 74.95 67.45

03. ELECTRICAL INSTALL 20.37 20.37 2.04 2.75 4.79 18.33 15.58

04. DELIVERY VAN 12.86 12.86 1.93 1.64 3.57 10.93 9.29

05. COMPUTERS 2.38 2.38 1.43 0.57 2.00 0.95 0.38

T O T A L 242.51 - 242.51 32.27 28.22 60.49 210.24 182.02



01. PLANT & MACHINERY 123.62 - 123.62 34.30 13.40 47.70 89.32 75.92

02. FURNITURE FIXTURES 83.28 - 83.28 15.83 6.75 22.58 67.45 60.70

03. ELECTRICAL INSTALL 20.37 - 20.37 4.79 2.34 7.13 15.58 13.24

04. DELIVERY VAN 12.86 - 12.86 3.57 1.39 4.96 9.29 7.90

05. COMPUTERS 2.38 - 2.38 2.00 0.23 2.23 0.38 0.15

T O T A L 242.51 - 242.51 60.49 24.11 84.60 182.02 157.91



01. PLANT & MACHINERY 123.62 - 123.62 47.70 11.39 59.09 75.92 64.53



04. DELIVERY VAN 12.86 - 12.86 4.96 1.19 6.15 7.90 6.71

05. COMPUTERS 2.38 - 2.38 2.23 0.09 2.32 0.15 0.06

T O T A L 242.51 - 242.51 84.60 20.73 105.33 157.91 137.18

DEPRECIATION

GROSS BLOCK DEPRECIATION WDV


WDV


GROSS BLOCK



01. PLANT & MACHINERY 123.62 - 123.62 59.09 9.68 68.77 64.53 54.85



04. DELIVERY VAN 12.86 - 12.86 6.15 1.01 7.16 6.71 5.70

05. COMPUTERS 2.38 - 2.38 2.32 0.04 2.36 0.06 0.02

T O T A L 242.51 - 242.51 105.33 17.88 123.21 137.18 119.30



01. PLANT & MACHINERY 123.62 - 123.62 68.77 8.23 77.00 54.85 46.62



04. DELIVERY VAN 12.86 - 12.86 7.16 0.86 8.02 5.70 4.84

05. COMPUTERS 2.38 - 2.38 2.36 0.01 2.37 0.02 0.01

T O T A L 242.51 - 242.51 123.21 15.45 138.66 119.30 103.85



01. PLANT & MACHINERY 123.62 - 123.62 77.00 6.99 83.99 46.62 39.63

02. BUILDING 83.28 - 83.28 39.03 4.43 43.46 44.25 39.82

03. FURNITURE & FIXTURE 20.37 - 20.37 12.24 1.22 13.46 8.13 6.91

04. VEHICLE 12.86 - 12.86 8.02 0.73 8.75 4.84 4.11

05. COMPUTERS 2.38 - 2.38 2.37 0.01 2.38 0.01 -

T O T A L 242.51 - 242.51 138.66 13.38 152.04 103.85 90.47



01. PLANT & MACHINERY 123.62 - 123.62 83.99 5.94 89.93 39.63 33.69



04. DELIVERY VAN 12.86 - 12.86 8.75 0.62 9.37 4.11 3.49

05. COMPUTERS 2.38 - 2.38 2.38 - 2.38 - -

T O T A L 242.51 - 242.51 152.04 11.58 163.62 90.47 78.89



01. PLANT & MACHINERY 123.62 - 123.62 89.93 5.05 94.98 33.69 28.64


GROSS BLOCK DEPRECIATION


WDV

WDV

GROSS BLOCK

WDV

WDVDEPRECIATION




04. DELIVERY VAN 12.86 - 12.86 9.37 0.52 9.89 3.49 2.97

05. COMPUTERS 2.38 - 2.38 2.38 - 2.38 - -

T O T A L 242.51 - 242.51 163.62 10.03 173.65 78.89 68.86



01. PLANT & MACHINERY 123.62 - 123.62 94.98 4.30 99.28 28.64 24.34



04. DELIVERY VAN 12.86 - 12.86 9.89 0.45 10.34 2.97 2.52

05. COMPUTERS 2.38 - 2.38 2.38 - 2.38 - -

T O T A L 242.51 - 242.51 173.65 8.73 182.38 68.86 60.13



01. PLANT & MACHINERY 123.62 - 123.62 99.28 3.65 102.93 24.34 20.69



04. DELIVERY VAN 12.86 - 12.86 10.34 0.38 10.72 2.52 2.14

05. COMPUTERS 2.38 - 2.38 2.38 - 2.38 - -

T O T A L 242.51 - 242.51 182.38 7.57 189.95 60.13 52.56



01. PLANT & MACHINERY 123.62 - 123.62 102.93 3.10 106.03 20.69 17.59



04. DELIVERY VAN 12.86 - 12.86 10.72 0.32 11.04 2.14 1.82

05. COMPUTERS 2.38 - 2.38 2.38 - 2.38 - -

T O T A L 242.51 - 242.51 189.95 6.57 196.52 52.56 45.99

13-14 14-15 15-16 16-17 17-18 18-19 19-20 20-21 21-22

Gross Block 242.51 242.51 242.51 242.51 242.51 242.51 242.51 242.51 242.51

Depreciation Yearly 32.27 28.22 24.11 20.73 17.88 15.45 13.38 11.58 10.03

Accumulated Dep. 32.27 60.49 84.60 105.33 123.21 138.66 152.04 163.62 173.65

Net Block 210.24 182.02 157.91 137.18 119.30 103.85 90.47 78.89 68.86




R E V E N U E F R O M R O O M A C C O M O D A T I O N

Avg. Avg. Avg.

Period No. of No. of No. of Non AC AC Delux

Non AC Rooms AC Rooms Delux Room Room Rent Room Rent Room Rent

2014-15 10 43 2 3,000.00 5,000.00 6,000.00

2015-16 - 53 2 3,200.00 5,300.00 6,300.00

2016-17 - 53 2 3,400.00 5,600.00 6,600.00

2017-18 - 53 2 3,600.00 5,900.00 6,900.00

2018-19 - 53 2 3,800.00 6,200.00 7,200.00

2019-20 - 53 2 4,000.00 6,500.00 7,600.00

2020-21 - 53 2 4,200.00 6,800.00 8,000.00

2021-22 - 53 2 4,400.00 7,100.00 8,400.00

2022-23 - 53 2 4,600.00 7,500.00 8,800.00

2023-24 - 53 2 4,800.00 7,900.00 9,200.00

2024-25 - 53 2 5,000.00 8,300.00 9,700.00

R E V E N U E F R O M B A N Q U E T S E R V I C E

2014-2015 2015-2016 2016-2017

Total No. of Days 274.00 366.00 365.00

Percentage of days operated 40.00% 45.00% 50.00%

No. of days operated 110.00 165.00 183.00

Capacity (Person) 300.00 300.00 300.00

No. of person atten 150.00 150.00 150.00

Rate Charge per person 600.00 660.00 730.00

Revenue from Banquet Service 9,900,000.00 16,335,000.00 20,038,500.00

Revenue from Banquet Service (Rs.Lacs) 99.00 163.35 200.39

R E V E N U E F R O M B A R C L U B

2014-2015 2015-2016 2016-2017

Total No. of Days 274.00 366.00 365.00



Capacity (Person) 100.00 100.00 100.00


Average Billing by Individual 600.00 660.00 730.00

P a r t I c u l a r s


Revenue from Bar-Club 8,220,000.00 14,493,600.00 21,316,000.00

Revenue from Bar-Club (Rs.Lacs) 82.20 144.94 213.16

R E V E N U E F R O M R E S T A U R A N T

2014-2015 2015-2016 2016-2017

Total No. of Days 274.00 366.00 365.00



Capacity (Person) 100.00 100.00 100.00


No. of Shift 2.00 2.00 2.00


Revenue from Restaurant 6,576,000.00 12,078,000.00 14,454,000.00

Revenue from Restaurant (Rs.Lacs) 65.76 120.78 144.54

R E V E N U E F R O M R O O M S E R V I C E

2014-2015 2015-2016 2016-2017

Total No. of Days 274.00 366.00 365.00

No. of days occupied 200.00 300.00 320.00

No. of Room 55.00 55.00 55.00

No. of person/room 2.00 2.00 2.00


Revenue from Room Service 11,000,000.00 18,150,000.00 21,472,000.00

Revenue from Room Service (Rs.Lacs) 110.00 181.50 214.72



Total Total Occupancy

No. of Possible No. of Occupancy Total Rs. In

Days Room Rent Days (%) Revenue Lacs

274.00 70,418,000.00 200.00 72.99% 51,400,000.00 514.00

366.00 107,421,000.00 300.00 81.97% 88,050,000.00 880.50

365.00 113,150,000.00 320.00 87.67% 99,200,000.00 992.00

365.00 119,172,500.00 340.00 93.15% 111,010,000.00 1,110.10

365.00 125,195,000.00 350.00 95.89% 120,050,000.00 1,200.50

366.00 131,650,200.00 366.00 100.00% 131,650,200.00 1,316.50

365.00 137,386,000.00 365.00 100.00% 137,386,000.00 1,373.86

365.00 143,481,500.00 365.00 100.00% 143,481,500.00 1,434.82

365.00 151,511,500.00 365.00 100.00% 151,511,500.00 1,515.12

366.00 159,978,600.00 366.00 100.00% 159,978,600.00 1,599.79

365.00 167,644,500.00 365.00 100.00% 167,644,500.00 1,676.45

2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

365.00 365.00 366.00 365.00 365.00 365.00

55.00% 60.00% 60.00% 60.00% 60.00% 60.00%

201.00 219.00 220.00 219.00 219.00 219.00

300.00 300.00 300.00 300.00 300.00 300.00

150.00 150.00 150.00 150.00 150.00 150.00

800.00 880.00 970.00 1,070.00 1,180.00 1,300.00

24,120,000.00 28,908,000.00 32,010,000.00 35,149,500.00 38,763,000.00 42,705,000.00

241.20 289.08 320.10 351.50 387.63 427.05

2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

365.00 365.00 366.00 365.00 365.00 365.00

100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

365.00 365.00 366.00 365.00 365.00 365.00

100.00 100.00 100.00 100.00 100.00 100.00

90.00 90.00 90.00 90.00 90.00 90.00

800.00 880.00 970.00 1,070.00 1,180.00 1,300.00

26,280,000.00 28,908,000.00 31,951,800.00 35,149,500.00 38,763,000.00 42,705,000.00

262.80 289.08 319.52 351.50 387.63 427.05

2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

365.00 365.00 366.00 365.00 365.00 365.00

100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

365.00 365.00 366.00 365.00 365.00 365.00

100.00 100.00 100.00 100.00 100.00 100.00

55.00 60.00 60.00 60.00 60.00 60.00

2.00 2.00 2.00 2.00 2.00 2.00

400.00 440.00 480.00 530.00 580.00 640.00

16,060,000.00 19,272,000.00 21,081,600.00 23,214,000.00 25,404,000.00 28,032,000.00

160.60 192.72 210.82 232.14 254.04 280.32

2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023

365.00 365.00 366.00 365.00 365.00 365.00

340.00 350.00 366.00 365.00 365.00 365.00

55.00 55.00 55.00 55.00 55.00 55.00

2.00 2.00 2.00 2.00 2.00 2.00

670.00 740.00 810.00 890.00 980.00 1,080.00

25,058,000.00 28,490,000.00 32,610,600.00 35,733,500.00 39,347,000.00 43,362,000.00

250.58 284.90 326.11 357.34 393.47 433.62

2023-2024 2024-2025

366.00 365.00

60.00% 60.00%

220.00 219.00

300.00 300.00

150.00 150.00

1,430.00 1,570.00

47,190,000.00 51,574,500.00

471.90 515.75

2023-2024 2024-2025

366.00 365.00

100.00% 100.00%

366.00 365.00

100.00 100.00

90.00 90.00

1,430.00 1,570.00

47,104,200.00 51,574,500.00

471.04 515.75

2023-2024 2024-2025

366.00 365.00

100.00% 100.00%

366.00 365.00

100.00 100.00

60.00 60.00

2.00 2.00

700.00 770.00

30,744,000.00 33,726,000.00

307.44 337.26

2023-2024 2024-2025

366.00 365.00

366.00 365.00

55.00 55.00

2.00 2.00

1,190.00 1,310.00

47,909,400.00 52,596,500.00

479.09 525.97

M A N P O W E R R E Q U I R E M E N T

Managerial Person: No. No. Per Month 2014-2015

1st Year 2nd Year 1st Year

General Manager 1 1 30,000.00 270,000.00

Asst. Manager 2 2 20,000.00 360,000.00

Gym Instructor 1 1 20,000.00 180,000.00

Swimming Pool Instructor 1 1 15,000.00 135,000.00

Bar Manager 1 1 20,000.00 180,000.00

Cashier 2 2 20,000.00 360,000.00

125,000.00 1,485,000.00

Supervisor:

Food & Beverage 1 1 15,000.00 135,000.00

Banquet Service 1 1 15,000.00 135,000.00

30,000.00 270,000.00

Staff:

Cook 2 3 15,000.00 270,000.00

Asst. Cook 3 4 10,000.00 270,000.00

Cook Labour 10 14 3,000.00 270,000.00

Room Boy 25 30 5,000.00 1,125,000.00

Waiter 8 8 5,000.00 360,000.00

Trainer for Gym 2 2 8,000.00 144,000.00

Lift Man 3 3 4,000.00 108,000.00

Electrician 2 2 5,000.00 90,000.00

Plumber Man 2 2 4,000.00 72,000.00

Security Guard 3 3 5,000.00 135,000.00

Gardner 3 3 2,500.00 67,500.00

66,500.00 2,911,500.00

Total Salary 221,500.00 4,666,500.00

Salary in Lacs 2.22 46.67

2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022

360,000.00 378,000.00 396,900.00 416,745.00 437,582.25 459,461.36 482,434.43

480,000.00 504,000.00 529,200.00 555,660.00 583,443.00 612,615.15 643,245.91

240,000.00 252,000.00 264,600.00 277,830.00 291,721.50 306,307.58 321,622.96

180,000.00 189,000.00 198,450.00 208,372.50 218,791.13 229,730.69 241,217.22

240,000.00 252,000.00 264,600.00 277,830.00 291,721.50 306,307.58 321,622.96

480,000.00 504,000.00 529,200.00 555,660.00 583,443.00 612,615.15 643,245.91

1,980,000.00 2,079,000.00 2,182,950.00 2,292,097.50 2,406,702.38 2,527,037.51 2,653,389.39

180,000.00 189,000.00 198,450.00 208,372.50 218,791.13 229,730.69 241,217.22

180,000.00 189,000.00 198,450.00 208,372.50 218,791.13 229,730.69 241,217.22

360,000.00 378,000.00 396,900.00 416,745.00 437,582.26 459,461.38 482,434.44

540,000.00 567,000.00 595,350.00 625,117.50 656,373.38 689,192.05 723,651.65

480,000.00 504,000.00 529,200.00 555,660.00 583,443.00 612,615.15 643,245.91

504,000.00 529,200.00 555,660.00 583,443.00 612,615.15 643,245.91 675,408.21

1,800,000.00 1,890,000.00 1,984,500.00 2,083,725.00 2,187,911.25 2,297,306.81 2,412,172.15

480,000.00 504,000.00 529,200.00 555,660.00 583,443.00 612,615.15 643,245.91

192,000.00 201,600.00 211,680.00 222,264.00 233,377.20 245,046.06 257,298.36

144,000.00 151,200.00 158,760.00 166,698.00 175,032.90 183,784.55 192,973.78

120,000.00 126,000.00 132,300.00 138,915.00 145,860.75 153,153.79 160,811.48

96,000.00 100,800.00 105,840.00 111,132.00 116,688.60 122,523.03 128,649.18

180,000.00 189,000.00 198,450.00 208,372.50 218,791.13 229,730.69 241,217.22

90,000.00 94,500.00 99,225.00 104,186.25 109,395.56 114,865.34 120,608.61

4,626,000.00 4,857,300.00 5,100,165.00 5,355,173.25 5,622,931.92 5,904,078.53 6,199,282.46

6,966,000.00 7,314,300.00 7,680,015.00 8,064,015.75 8,467,216.56 8,890,577.42 9,335,106.29

69.66 73.14 76.8 80.64 84.67 88.91 93.35

2022-2023 2023-2024 2024-2025

506,556.15 531,883.96 558,478.16

675,408.21 709,178.62 744,637.55

337,704.11 354,589.32 372,318.79

253,278.08 265,941.98 279,239.08

337,704.11 354,589.32 372,318.79

675,408.21 709,178.62 744,637.55

2,786,058.87 2,925,361.82 3,071,629.92

253,278.08 265,941.98 279,239.08

253,278.08 265,941.98 279,239.08

506,556.16 531,883.96 558,478.16

759,834.23 797,825.94 837,717.24

675,408.21 709,178.62 744,637.55

709,178.62 744,637.55 781,869.43

2,532,780.76 2,659,419.80 2,792,390.79

675,408.21 709,178.62 744,637.55

270,163.28 283,671.44 297,855.01

202,622.47 212,753.59 223,391.27

168,852.05 177,294.65 186,159.38

135,081.64 141,835.72 148,927.51

253,278.08 265,941.98 279,239.08

126,639.04 132,970.99 139,619.54

6,509,246.59 6,834,708.90 7,176,444.35

9,801,861.62 ########### ###########

98.02 102.92 108.07

CAPITAL ACCOUNT :

(Rs. In Lacs)

2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024

Opening Balance - 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90

Addition 21.90 - - - - - - - - -

Profit / (Loss)

Closing Balance 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90

Drawings - - - - - - - - - -

BALANCE SHEET (Rs. in Lacs)

Estimated Projected Projected Projected Projected Projected Projected Projected Projected Projected

2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024

LIABILITIES

Capital 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90

Unsecured Loans - -

Reserves & Surplus (482.36) (515.69) (368.74) (63.50) 377.40 1,604.46 2,935.33 4,377.76 5,951.62 7,666.00

Secured Loans

Cash Credit / Overdraft - - - - - - - - - -

Term Loan 5,000.00 4,500.00 4,000.00 3,500.00 3,000.00 2,500.00 2,000.00 1,500.00 1,000.00 500.00

Total of Liabilities 4,539.54 4,006.21 3,653.16 3,458.40 3,399.30 4,126.36 4,957.23 5,899.66 6,973.52 8,187.90

ASSETS

Goodwill 3,709.89 2,782.42 1,854.95 927.48 - - - - - -

Fixed Assets

Gross Block 242.51 242.51 242.51 242.51 242.51 242.51 242.51 242.51 242.51 242.51

Less: Depreciation 60.49 84.60 105.33 123.21 138.66 152.04 163.62 173.65 182.38 189.95

Net Block 182.02 157.91 137.18 119.30 103.85 90.47 78.89 68.86 60.13 52.56

Other Noncurrent Assets 90.21 94.72 99.46 104.43 109.65 115.13 120.89 126.93 133.28 139.94

Current Assets, Loans & Advances

Inventories 5.05 8.64 10.89 12.87 14.83 16.52 18.15 19.98 22.01 24.28

Sundry Debtors & Receivables 73.58 125.92 148.90 170.79 190.24 210.19 224.88 241.09 260.18 281.01

Other Current Assets 96.00 115.20 138.24 165.89 199.07 238.88 286.66 343.99 412.79 495.35

Cash & Bank Balance 400.66 743.36 1,288.18 1,984.79 2,811.42 3,487.36 4,262.30 5,135.95 6,125.08 7,237.80

Total 575.29 993.12 1,586.21 2,334.34 3,215.56 3,952.95 4,791.99 5,741.01 6,820.06 8,038.44

Current Liabilities

Sundry Creditors 4.87 8.31 10.31 12.10 13.96 15.60 17.12 18.85 20.75 22.88

Liabilities for Expenses 13.00 13.65 14.33 15.05 15.80 16.59 17.42 18.29 19.20 20.16

Total 17.87 21.96 24.64 27.15 29.76 32.19 34.54 37.14 39.95 43.04

Net Current Assets 557.42 971.16 1,561.57 2,307.19 3,185.80 3,920.76 4,757.45 5,703.87 6,780.11 7,995.40

Total of Assets 4,539.54 4,006.21 3,653.16 3,458.40 3,399.30 4,126.36 4,957.23 5,899.66 6,973.52 8,187.90

PROFIT & LOSS ACCOUNT

Estimated Projected Projected Projected Projected Projected Projected Projected

2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022

INCOME

Net Revenue: 882.96 1,511.07 1,786.81 2,049.48 2,282.90 2,522.33 2,698.55 2,893.02

Revenue from Room Occupancy 514.00 880.50 992.00 1,110.10 1,200.50 1,316.50 1,373.86 1,434.82

Revenue from Banquet Service 99.00 163.35 200.39 241.20 289.08 320.10 351.50 387.63

Revenue from Bar-Club 82.20 144.94 213.16 262.80 289.08 319.52 351.50 387.63

Revenue from Restaurant 65.76 120.78 144.54 160.60 192.72 210.82 232.14 254.04

Revenue from Room Service 110.00 181.50 214.72 250.58 284.90 326.11 357.34 393.47

Revenue from Mandap Booking 12.00 20.00 22.00 24.20 26.62 29.28 32.21 35.43

Other Income: 4.30 4.51 4.74 4.97 5.22 5.48 5.76 6.04

Total Revenue 887.26 1,515.58 1,791.55 2,054.45 2,288.12 2,527.81 2,704.31 2,899.06

EXPENDITURE

Consumption of Foods & Baverages: 126.55 216.16 268.12 314.53 363.04 405.68 445.13 490.21

Banquet Service 29.70 49.01 60.12 72.36 86.72 96.03 105.45 116.29

Bar-Club Service 20.55 36.24 53.29 65.70 72.27 79.88 87.88 96.91

Restaurant Service 26.30 48.31 57.82 64.24 77.09 84.33 92.86 101.62

Room Service 44.00 72.60 85.89 100.23 113.96 130.44 142.94 157.39

Mandap Service 6.00 10.00 11.00 12.00 13.00 15.00 16.00 18.00

Oil & Fuel 2.50 4.00 4.40 4.84 5.32 5.85 6.44 7.08

Carriage Inward 2.53 4.32 5.36 6.29 7.26 8.11 8.90 9.80

Electricity Charges 2.00 3.00 3.15 3.31 3.48 3.65 3.83 4.02

Depreciation 28.22 24.11 20.73 17.88 15.45 13.38 11.58 10.03

161.80 251.59 301.76 346.85 394.55 436.67 475.88 521.14

COST OF PRODUCTION 725.46 1,263.99 1,489.79 1,707.60 1,893.57 2,091.14 2,228.43 2,377.92

Personnel Expenses

Staff Salary 46.67 69.66 73.14 76.80 80.64 84.67 88.91 93.35

Staff Welfare 0.52 0.62 0.74 0.89 1.07 1.18 1.30 1.43

Administrative Expenses

House Keeping Expenses 0.50 0.70 0.84 1.01 1.21 1.33 1.46 1.61

Advertisement 4.00 15.00 8.00 9.60 11.52 12.67 13.94 15.33

Conveyance & Travelling 3.50 4.20 5.04 5.54 6.09 6.70 7.37 8.11

Printing & Stationary 0.15 0.17 0.20 0.24 0.29 0.32 0.35 0.39

Festival Expenses 0.80 0.12 0.14 0.17 0.20 0.22 0.24 0.26

Sales Promotion Exps. 2.00 2.20 2.64 3.17 3.80 4.18 4.60 5.06

Laundry Charges 4.41 7.56 8.93 10.25 11.41 12.61 13.49 14.47

Charity & Donation 0.07 0.08 0.10 0.12 0.14 0.15 0.17 0.19

Postage & Telegram 0.08 0.09 0.11 0.13 0.16 0.18 0.20 0.22

Packing Expenses 0.97 1.07 1.28 1.54 1.85 2.04 2.24 2.46

Lisence Fees 0.30 0.33 0.40 0.48 0.58 0.64 0.70 0.77

Rapaire & Maintenance 10.00 11.00 13.20 15.84 19.01 20.91 23.00 25.30

Commission 17.66 15.11 17.87 20.49 22.83 25.22 26.99 28.93

Professional Charges 0.29 0.32 0.35 0.39 0.43 0.47 0.52 0.57

Audit Fees / Legal Expenses 0.25 0.26 0.27 0.28 0.29 0.30 0.31 0.32

Telephone Charges 0.50 0.53 0.56 0.59 0.62 0.65 0.68 0.71

Goodwill writeoff 927.47 927.47 927.47 927.47 927.48

General Expenses 0.18 0.20 0.22 0.24 0.26 0.29 0.32 0.35

Operating Profit Before Interest (294.86) 207.30 428.29 632.36 803.69 1,916.41 2,041.64 2,178.09

Financial Expenses

Interest on Term Loan 187.50 240.63 215.63 190.63 165.63 140.63 115.63 90.63

Interest on Working Capital Loan - - - - - - - -

Bank Charges - - - - - - - -

Operating Profit After Interest (482.36) (33.33) 212.66 441.73 638.06 1,775.78 1,926.01 2,087.46

Income Tax - - 65.71 136.49 197.16 548.72 595.14 645.03

Profit After Tax (482.36) (33.33) 146.95 305.24 440.90 1,227.06 1,330.87 1,442.43

Drawings - - - - - - - -

Retained Profits (482.36) (33.33) 146.95 305.24 440.90 1,227.06 1,330.87 1,442.43

Net Cash Accruals (454.14) (9.22) 167.68 323.12 456.35 1,240.44 1,342.45 1,452.46

CALCULATION OF WORKING CAPITAL REQUIRMENT & MARGIN MONEY

(Rs. In Lacs)

Period 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025

I. CURRENT ASSETS

1 RAW MAT. : 5 Days 5.05 8.64 10.89 12.87 14.83 16.52 18.15 19.98 22.01 24.28 26.60

5.05 8.64 10.89 12.87 14.83 16.52 18.15 19.98 22.01 24.28 26.60

2 FINISHED STOCK

3 DEBTORS 1 Month 73.58 125.92 148.90 170.79 190.24 210.19 224.88 241.09 260.18 281.01 301.53

T O T A L (A) 78.63 134.56 159.79 183.66 205.07 226.71 243.03 261.07 282.19 305.29 328.13

II. CURRENT LIABILITIES

1 CREDITORS FOR RAW MAT.

2 Weeks 4.87 8.31 10.31 12.10 13.96 15.60 17.12 18.85 20.75 22.88 25.11

4.87 8.31 10.31 12.10 13.96 15.60 17.12 18.85 20.75 22.88 25.11

2 OTHER MANF. EXP. 1 Month 13.00 13.65 14.33 15.05 15.80 16.59 17.42 18.29 19.20 20.16 21.17

T O T A L (B) 17.87 21.96 24.64 27.15 29.76 32.19 34.54 37.14 39.95 43.04 46.28

III. WORKING CAPITAL REQUIRMENT(A-B) - 60.76 112.60 135.15 156.51 175.31 194.52 208.49 223.93 242.24 262.25 281.85

LESS : MARGIN 60.76 112.60 135.15 156.51 175.31 194.52 208.49 223.93 242.24 262.25 281.85

WORKING CAPITAL LOAN - - - - - - - - - -

INTEREST ON WORKING CAPITAL @ 14.00 % - - - - - - - INCREASE OR (DECREASE) IN WC 60.76 51.84 22.55 21.36 18.80 19.21 87.33

FUNDS FLOW STATEMENT(Rs. in Lacs)

Year Year Year Year Year Year Year

ending on ending on ending on ending on ending on ending on ending on

SOURCES 31.03.15 31.03.16 31.03.17 31.03.18 31.03.19 31.03.20 31.03.21

Increase in Share Capital 21.90 - - - - - -

Profit after Tax & Drawings (482.36) (33.33) 146.95 305.24 440.90 1,227.06 1,330.87

Depreciation 28.22 24.11 20.73 17.88 15.45 13.38 11.58

Increase in Term Loan 5,000.00 - - - - - -

Increase in WC Loan - - - - - - -

Increase in Unsecured Loan - - - - - - -

Decrease in Goodwill 927.47 927.47 927.47 927.48 - -

Decrease in Working Capital - - - - - - -

TOTAL 4,567.76 918.25 1,095.15 1,250.59 1,383.83 1,240.44 1,342.45

APPLICATION OF FUNDS

Capital Exp. 210.24 - - - - - -

Increase in Non current Assets 90.21 4.51 4.74 4.97 5.22 5.48 5.76

Increase in Goodwill 3,709.89

Repayment of Term Loan - 500.00 500.00 500.00 500.00 500.00 500.00

Repayment of Unsecured Loan - - - - - - -

Decrease in WC Loan - - - - - - -

Increase in Working Capital 156.76 71.04 45.59 49.01 51.98 59.02 61.75

TOTAL 4,167.10 575.55 550.33 553.98 557.20 564.50 567.51

Opening Cash - 400.66 743.36 1,288.18 1,984.79 2,811.42 3,487.36

Surplus / (Deficit) 400.66 342.70 544.82 696.61 826.63 675.94 774.94

Closing Cash 400.66 743.36 1,288.18 1,984.79 2,811.42 3,487.36 4,262.30

DEBT SERVICE COVERAGE RATIO (GROSS)

(figures in Rs. In Lacs)

Particulars 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 Total

A. Profit after Tax (33.33) 146.95 305.24 440.90 1,227.06 1,330.87 1,442.43 1,573.86 1,714.38 1,849.74 9,998.10

Interest on Term loan 240.63 215.63 190.63 165.63 140.63 115.63 90.63 65.63 40.63 15.63 1,281.30

Depreciation 24.11 20.73 17.88 15.45 13.38 11.58 10.03 8.73 7.57 6.57 136.03

Total 231.41 383.31 513.75 621.98 1,381.07 1,458.08 1,543.09 1,648.22 1,762.58 1,871.94 11,415.43


B. Interest on Term loan 240.63 215.63 190.63 165.63 140.63 115.63 90.63 65.63 40.63 15.63 1,281.30

Repayment TL 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 5,000.00

Total 740.63 715.63 690.63 665.63 640.63 615.63 590.63 565.63 540.63 515.63 6,281.30

Gross D.S.C.R. 0.31 0.54 0.74 0.93 2.16 2.37 2.61 2.91 3.26 3.63 1.82

DEBT SERVICE COVERAGE RATIO (NET)(figures in Rs. In Lacs)


A. Profit after Tax (33.33) 146.95 305.24 440.90 1,227.06 1,330.87 1,442.43 1,573.86 1,714.38 1,849.74 9,998.10

Depreciation 24.11 20.73 17.88 15.45 13.38 11.58 10.03 8.73 7.57 6.57 136.03

Total (9.22) 167.68 323.12 456.35 1,240.44 1,342.45 1,452.46 1,582.59 1,721.95 1,856.31 10,134.13


B. Instalment of TL 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 5,000.00

Total 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 5,000.00

Net D.S.C.R. (0.02) 0.34 0.65 0.91 2.48 2.68 2.90 3.17 3.44 3.71 2.03

INSTRUCTIONS

WHILE OPENING THIS FILE, IF YOU GET A MESSAGE ASKING YOU WHETHER TO

'Disable Macros' OR 'Enable Macros', SELECT "Disable Macros" .

This File should be saved separately in any Computer. To use it for an analysis, a copy

(named as, say, "CMA-XYZ LTD") should be taken out and all data entry should be made

ONLY in this new File. This would ensure that the Mother File ("CMA-MAIN") remains

untouched and uncorrupted for ready reference and copying.

1 Name of the Borrower must be entered only once in Cell No.C4 of FORM-II.

Enter the YEARS in FORM-II. In case the number of months covered in any period(s) is(are)

NOT 12, then change the "No. of Months" appropriately under the said YEAR(S) in FORM-II only.

2 Cell No.G6 of Form-II should be filled in to indicate whether the Amounts incorporated

in the ENTIRE WORKSHEET are in LACS or CRORES.

Modify the column-head labels "Actuals", "Estimates" and "Projections"

as may be required for your analysis. TAKE AS MANY YEARS FROM THE LEFT AS YOU

NEED. YOU NEED NOT FILL DATA IN THE COLUMNS BEYOND THE LAST YEAR YOU REQUIRE

FOR YOUR ANALYSIS. WHILE TAKING PRINT-OUTS, JUST SELECT THE COLUMNS AND

ROWS CONTAINING THE DATA YOU REQUIRE IN EACH FORM.

While printing, select "Gridlines" in Page Set Up (Sheet) Menu, for easy reading.

3 You need NOT enter or change the NAME, Lacs/Crores,YEAR or NO. OF MONTHS cells in any

other Worksheet. These would be auto-generated from what have been entered in FORM-II.

4 Fill in all data in FORM-II and FORM-III. DO NOT ENTER ANY DATA IN THE CELLS

COLOURED IN YELLOW. These cells contain Formulae, which would be auto-generated.

All yellow cells have been protected to avoid corruption of standard Format & Formulae.

5 YOU NEED NOT ENTER ANY DATA IN THE REMAINING WORKSHEETS ( "FORM-IV"

to "ANALYSIS"). All these data would be automatically extracted from what you have entered

in FORM-II and FORM-III. Accordingly the LAST SIX WORKSHEETS HAVE BEEN TOTALLY

PROTECTED TO AVOID ANY CORRUPTION OF STANDARD FORMULAE.

6 Depreciation for any specific year may be different in FORM-II and FORM-III (owing to

sale of assets, etc.). If so, a difference would appear in the Worksheet "CHECK". This is not an

error, but you should reconcile the difference separately and keep it for record. Please note

that the Depreciation for the Year, as appearing in FORM-VI, is auto-extracted from FORM-III

(by computing the incremental cumulative depreciation during any year) and NOT from FORM-II.

7 If there is any Capital Works in Progress, it should be added manually to Gross Block.

8 Cell E69 of Form-IV is UNPROTECTED. Please fill in the data manually.

This is a Beta version. In case you come across any error / inconsistency / difficulty

OR if you have any suggestions for imrpoving this Spreadsheet, please refer back to the

appropriate person. This will help us to gradually perfect this Spreadsheet for the

benefit of all concerned.

WHILE OPENING THIS FILE, IF YOU GET A MESSAGE ASKING YOU WHETHER TO

This File should be saved separately in any Computer. To use it for an analysis, a copy

(named as, say, "CMA-XYZ LTD") should be taken out and all data entry should be made

ONLY in this new File. This would ensure that the Mother File ("CMA-MAIN") remains

Enter the YEARS in FORM-II. In case the number of months covered in any period(s) is(are)

NOT 12, then change the "No. of Months" appropriately under the said YEAR(S) in FORM-II only.

Cell No.G6 of Form-II should be filled in to indicate whether the Amounts incorporated

Modify the column-head labels "Actuals", "Estimates" and "Projections"

as may be required for your analysis. TAKE AS MANY YEARS FROM THE LEFT AS YOU

NEED. YOU NEED NOT FILL DATA IN THE COLUMNS BEYOND THE LAST YEAR YOU REQUIRE

FOR YOUR ANALYSIS. WHILE TAKING PRINT-OUTS, JUST SELECT THE COLUMNS AND

While printing, select "Gridlines" in Page Set Up (Sheet) Menu, for easy reading.

You need NOT enter or change the NAME, Lacs/Crores,YEAR or NO. OF MONTHS cells in any

other Worksheet. These would be auto-generated from what have been entered in FORM-II.

Fill in all data in FORM-II and FORM-III. DO NOT ENTER ANY DATA IN THE CELLS

COLOURED IN YELLOW. These cells contain Formulae, which would be auto-generated.

All yellow cells have been protected to avoid corruption of standard Format & Formulae.

YOU NEED NOT ENTER ANY DATA IN THE REMAINING WORKSHEETS ( "FORM-IV"

to "ANALYSIS"). All these data would be automatically extracted from what you have entered

in FORM-II and FORM-III. Accordingly the LAST SIX WORKSHEETS HAVE BEEN TOTALLY

Depreciation for any specific year may be different in FORM-II and FORM-III (owing to

sale of assets, etc.). If so, a difference would appear in the Worksheet "CHECK". This is not an

error, but you should reconcile the difference separately and keep it for record. Please note

that the Depreciation for the Year, as appearing in FORM-VI, is auto-extracted from FORM-III

(by computing the incremental cumulative depreciation during any year) and NOT from FORM-II.

If there is any Capital Works in Progress, it should be added manually to Gross Block.

This is a Beta version. In case you come across any error / inconsistency / difficulty

OR if you have any suggestions for imrpoving this Spreadsheet, please refer back to the

appropriate person. This will help us to gradually perfect this Spreadsheet for the


ASSESSMENT OF WORKING CAPITAL REQUIREMENTS

FORM II - OPERATING STATEMENT

Name: M/S HOTEL VIJOYA PVT. LTD.

Amounts in Rs. Lacs

Projections Projections Projections Projections Projections Projections Projections Projections Projections Projections

Financial Year ended / ending 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

No.of months 12 12 12 12 12 12 12 12 12 12

1. Gross Sales

i. Domestic Sales 1511.07 1786.81 2049.48 2282.90 2522.33 2698.55 2893.02 3122.13 3372.13 3618.34

ii. Export Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total 1511.07 1786.81 2049.48 2282.90 2522.33 2698.55 2893.02 3122.13 3372.13 3618.34

2. Less Excise Duty 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3. Net Sales (1 - 2) 1511.07 1786.81 2049.48 2282.90 2522.33 2698.55 2893.02 3122.13 3372.13 3618.34

4. % age rise (+) or fall (-) in net sales

as compared to previous year (annualised ) N/A 18.25% 14.70% 11.39% 10.49% 6.99% 7.21% 7.92% 8.01% 7.30%

5. Cost of Sales

i. Raw materials (including stores and

other items used in the process of

manufacture) 216.16 268.12 314.53 363.04 405.68 445.13 490.21 539.46 594.95 652.96

a. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Indigenous 216.16 268.12 314.53 363.04 405.68 445.13 490.21 539.46 594.95 652.96

ii. Other Spares 0.00 0.00 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 0.00 0.00

b. Indigenous 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iii. Power and Fuel 7.00 7.55 8.15 8.80 9.50 10.27 11.10 12.01 13.00 14.08

iv. Direct Labour (Factory wages & salaries)

v. Other manufacturing expenses 4.32 5.36 6.29 7.26 8.11 8.90 9.80 10.79 11.90 13.06

vi. Depreciation 24.11 20.73 17.88 15.45 13.38 11.58 10.03 8.73 7.57 6.57

vii. Sub-total (i to vi) 251.59 301.76 346.85 394.55 436.67 475.88 521.14 570.99 627.42 686.67

viii. Add: Opening Stock-in-process 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Sub-total (vii + viii) 251.59 301.76 346.85 394.55 436.67 475.88 521.14 570.99 627.42 686.67

ix. Deduct: Closing Stock-in-process 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

x. Cost of Production 251.59 301.76 346.85 394.55 436.67 475.88 521.14 570.99 627.42 686.67

xi. Add: Opening Stock of finished goods 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Sub-total (x + xi) 251.59 301.76 346.85 394.55 436.67 475.88 521.14 570.99 627.42 686.67

xii. Deduct: Closing Stock of finished goods 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

xiii. Sub-total (Total Cost of Sales) 251.59 301.76 346.85 394.55 436.67 475.88 521.14 570.99 627.42 686.67


6. Selling, general and administrative expenses 1056.69 1061.50 1075.24 1089.88 174.73 186.79 199.83 214.20 229.73 246.13

7. Sub-total (5 + 6) 1308.28 1363.26 1422.09 1484.43 611.40 662.67 720.97 785.19 857.15 932.80

8. Operating Profit before Interest (3 - 7) 202.79 423.55 627.39 798.47 1910.93 2035.88 2172.05 2336.94 2514.98 2685.54

9. Interest 240.63 215.63 190.63 165.63 140.63 115.63 90.63 65.63 40.63 15.63

10. Operating Profit after Interest (8 - 9) -37.84 207.92 436.76 632.84 1770.30 1920.25 2081.42 2271.31 2474.35 2669.91

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 0.00 0.00

b. Others 4.51 4.74 4.97 5.22 5.48 5.76 6.04 6.35 6.66 7.00

c. 0.00 0.00 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 0.00 0.00

Sub-total (Income) 4.51 4.74 4.97 5.22 5.48 5.76 6.04 6.35 6.66 7.00

ii. Deduct: Other non-operating expenses 0.00 0.00 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 0.00 0.00

b. 0.00 0.00 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 0.00 0.00

d. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Sub-total (Expenses) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iii. Net of other non-operating income /

expenses [net of 11(i) & 11(ii)] 4.51 4.74 4.97 5.22 5.48 5.76 6.04 6.35 6.66 7.00

12. Profit before tax/loss [10 + 11(iii)] -33.33 212.66 441.73 638.06 1775.78 1926.01 2087.46 2277.66 2481.01 2676.91

13. a) Provision for taxes 0.00 65.71 136.49 197.16 548.72 595.14 645.03 703.80 766.63 827.17

b) Deferred for Tax Liability(-) Assets(+) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

14. Net Profit / Loss (12 -13) -33.33 146.95 305.24 440.90 1227.06 1330.87 1442.43 1573.86 1714.38 1849.74

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 0.00 0.00

b. Dividend Rate (% age) 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

c. Other Appropriations 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

16. Retained Profit (14 - 15) -33.33 146.95 305.24 440.90 1227.06 1330.87 1442.43 1573.86 1714.38 1849.74

17. Retained Profit / Net Profit (% age) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

CASH ACCRUAL -9.22 167.68 323.12 456.35 1240.44 1342.45 1452.46 1582.59 1721.95 1856.31


FORM III - ANALYSIS OF BALANCE SHEET

LIABILITIES


Amounts in Rs. Lacs



No.of months 12 12 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ii. Others 0.00 0.00 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 0.00 0.00

Sub-total [i + ii] (A) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2. Short term borrowings from others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3. Sundry Creditors (Trade) 8.31 10.31 12.10 13.96 15.60 17.12 18.85 20.75 22.88 25.11

4. Advance payments from customers /

deposits from dealers 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

5. Provision for taxation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

6. Dividend payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7. Other statutory liabilities (due within 1 year) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

8. Deposits / instalments of term loans /

DPGs / debentures etc. (due within 1 year) 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 0.00

9. Other current liabilities & provisions

(due within 1 year) - specify major items 13.65 14.33 15.05 15.80 16.59 17.42 18.29 19.20 20.16 21.17

a. Other Outstanding Liabilities payable 13.65 14.33 15.05 15.80 16.59 17.42 18.29 19.20 20.16 21.17

b. Other Liabilities 0.00 0.00 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 0.00 0.00

d. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Sub total [2 to 9] (B) 521.96 524.64 527.15 529.76 532.19 534.54 537.14 539.95 543.04 46.28

10. Total current liabilities [A + B] 521.96 524.64 527.15 529.76 532.19 534.54 537.14 539.95 543.04 46.28

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 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 0.00 0.00

13. Term loans (excluding instalments

payable within 1 year) 4000.00 3500.00 3000.00 2500.00 2000.00 1500.00 1000.00 500.00 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 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 0.00 0.00

16. Other term liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

17. Total Term Liabilities [11 to 16] 4000.00 3500.00 3000.00 2500.00 2000.00 1500.00 1000.00 500.00 0.00 0.00

18. Total Outside Liabilities [10 + 17] 4521.96 4024.64 3527.15 3029.76 2532.19 2034.54 1537.14 1039.95 543.04 46.28


NET WORTH

19. Ordinary Share Capital 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90

20. General Reserve 0.00 0.00 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 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 0.00 0.00

23. Surplus (+) or deficit (-) in Profit & Loss a/c -515.69 -368.74 -63.50 377.40 1604.46 2935.33 4377.76 5951.62 7666.00 9515.74

23. a. Share Application money 0.00 0.00 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 0.00 0.00

c. Deferred Tax Liability A/c 0.00 0.00 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 0.00 0.00

e. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

24. Net Worth -493.79 -346.84 -41.60 399.30 1626.36 2957.23 4399.66 5973.52 7687.90 9537.64

25. TOTAL LIABILITIES [18 + 24] 4028.17 3677.80 3485.55 3429.06 4158.55 4991.77 5936.80 7013.47 8230.94 9583.92

FORM III - ANALYSIS OF BALANCE SHEET (Continued)

ASSETS

Amounts in Rs. Lacs




No.of months 12 12 12 12 12 12 12 12 12 12

CURRENT ASSETS

26. Cash and Bank Balances 743.36 1288.18 1984.79 2811.42 3487.36 4262.30 5135.95 6125.08 7237.80 8468.44

27. Investments (other than long term) 0.00 0.00 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 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 0.00 0.00

28. i. Receivables other than deferred &

exports (incldg. bills purchased and

discounted by banks) 125.92 148.90 170.79 190.24 210.19 224.88 241.09 260.18 281.01 301.53

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 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 0.00 0.00

30. Inventory: 8.64 10.89 12.87 14.83 16.52 18.15 19.98 22.01 24.28 26.60




manufacture) 8.64 10.89 12.87 14.83 16.52 18.15 19.98 22.01 24.28 26.60

a. Imported 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

b. Indigenous 8.64 10.89 12.87 14.83 16.52 18.15 19.98 22.01 24.28 26.60

ii. Stocks-in-process 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iii. Finished goods 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iv. Other consumable spares 0.00 0.00 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 0.00 0.00

b. Indigenous 0.00 0.00 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

32. Advance payment of taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

33. Other current assets (specify major items) 115.20 138.24 165.89 199.07 238.88 286.66 343.99 412.79 495.35 594.42

a. Other Current Assets 115.20 138.24 165.89 199.07 238.88 286.66 343.99 412.79 495.35 594.42

b.

c.

d.

34. Total Current Assets (26 to 33) 993.12 1586.21 2334.34 3215.56 3952.95 4791.99 5741.01 6820.06 8038.44 9390.99

FIXED ASSETS

35. Gross Block (land, building, machinery,

work-in-progress) 242.51 242.51 242.51 242.51 242.51 242.51 242.51 242.51 242.51 242.51

36. Depreciation to date 84.60 105.33 123.21 138.66 152.04 163.62 173.65 182.38 189.95 196.52

37. Net Block (35 - 36) 157.91 137.18 119.30 103.85 90.47 78.89 68.86 60.13 52.56 45.99

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 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 0.00 0.00

b. Others 0.00 0.00 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 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 0.00 0.00

iv. Others 0.00 0.00 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 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 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 0.00 0.00

d. Others 0.00 0.00 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 0.00 0.00

40. Other non-current assets including

dues from directors 94.72 99.46 104.43 109.65 115.13 120.89 126.93 133.28 139.94 146.94

41. Total Other Non-current Assets (38 to 40) 94.72 99.46 104.43 109.65 115.13 120.89 126.93 133.28 139.94 146.94

42. Intangible Assets (patents, good will,

prelim.expenses, bad / doubtful debts not

provided for, etc. 2782.42 1854.95 927.48 0.00 0.00 0.00 0.00 0.00 0.00 0.00


43. Total Assets (34+37+41+42) 4028.17 3677.80 3485.55 3429.06 4158.55 4991.77 5936.80 7013.47 8230.94 9583.92

44. Tangible Net Worth (24 - 42) -3276.21 -2201.79 -969.08 399.30 1626.36 2957.23 4399.66 5973.52 7687.90 9537.64

45. Net Working Capital (34 - 10) 471.16 1061.57 1807.19 2685.80 3420.76 4257.45 5203.87 6280.11 7495.40 9344.71

46. Current Ratio (34 / 10) 1.90 3.02 4.43 6.07 7.43 8.96 10.69 12.63 14.80 202.92

47. Total OUTSIDE Liabilities / Tangible

Net Worth (18 / 44) -1.38 -1.83 -3.64 7.59 1.56 0.69 0.35 0.17 0.07 0.00

48. Total TERM Liabilities / Tangible

Net Worth (17 / 44) -1.22 -1.59 -3.10 6.26 1.23 0.51 0.23 0.08

RATIOS NET OF REVALUATION

RESERVES

49. TANGIBLE NET WORTH (24-21-42) -3276.21 -2201.79 -969.08 399.30 1626.36 2957.23 4399.66 5973.52 7687.90 9537.64

50. TOTAL OUTSIDE LIAB/TNW -1.38 -1.83 -3.64 7.59 1.56 0.69 0.35 0.17 0.07 0.00

51. TOTAL TERM LIAB/TNW -1.22 -1.59 -3.10 6.26 1.23 0.51 0.23 0.08 0.00 0.00

ADDITIONAL INFORMATION

A. Arrears of depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

B. Contingent Liabilities:

i. Arrears of cumulative dividends 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ii. Gratuity liability not provided for 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iii. Disputed excise / customs /

tax liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iv. Other liabilities not provided for 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


FORM IV

COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES


Amounts in Rs. Lacs



No.of months 12 12 12 12 12 12 12 12 12 12

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 0.00 0.00

Month's Consumption

b. Indigenous 8.64 10.89 12.87 14.83 16.52 18.15 19.98 22.01 24.28 26.60

Month's Consumption (0.48) (0.49) (0.49) (0.49) (0.49) (0.49) (0.49) (0.49) (0.49) (0.49)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 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 0.00 0.00

Month's Consumption

3. Stock-in-process 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Month's cost of production

4. Finished goods 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Month's cost of sales

5. Receivables other than export & deferred

receivables (incl. bills purchased &

discounted by bankers) 125.92 148.90 170.79 190.24 210.19 224.88 241.09 260.18 281.01 301.53

Month's domestic sales: excluding

deferred payment sales (1.00) (1.00) (1.00) (1.00) (1.00) (1.00) (1.00) (1.00) (1.00) (1.00)6. Export receivables (incl. bills purchased

and discounted) 0.00 0.00 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

8. Other current assets incl. cash & bank

balances & deferred receivables due

within one year 858.56 1426.42 2150.68 3010.49 3726.24 4548.96 5479.94 6537.87 7733.15 9062.86Cash and Bank Balances 743.36 1288.18 1984.79 2811.42 3487.36 4262.30 5135.95 6125.08 7237.80 8468.44

Investments (other than long term): 0.00 0.00 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 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 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 0.00 0.00

Advance payment of taxes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Other current assets 115.20 138.24 165.89 199.07 238.88 286.66 343.99 412.79 495.35 594.42

9. Total Current Assets 993.12 1586.21 2334.34 3215.56 3952.95 4791.99 5741.01 6820.06 8038.44 9390.99

(To agree with item 34 in Form III)

FORM IV

COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES


Amounts in Rs. Lacs



No.of months 12 12 12 12 12 12 12 12 12 12

B. CURRENT LIABILITIES

(Other than bank borrowings for working capital)

10. Creditors for purchase of raw materials,

stores & consumable spares 8.31 10.31 12.10 13.96 15.60 17.12 18.85 20.75 22.88 25.11

Month's purchases (0.47) (0.46) (0.46) (0.46) (0.46) (0.46) (0.46) (0.46) (0.46)11. Advances from customers 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

12. Statutory liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

13. Other current liabilities: 513.65 514.33 515.05 515.80 516.59 517.42 518.29 519.20 520.16 21.17

Short term borrowings from others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Provision for taxation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Dividend payable 0.00 0.00 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) 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 0.00

Other current liabilities & provisions

(due within 1 year) 13.65 14.33 15.05 15.80 16.59 17.42 18.29 19.20 20.16 21.17

14. Total (To agree with total B of Form-III) 521.96 524.64 527.15 529.76 532.19 534.54 537.14 539.95 543.04 46.28

FORM VI

FUNDS FLOW STATEMENT


Amounts in Rs. Lacs

Projections Projections Projections Projections Projections Projections Projections Projections Projections

Financial Year ended / ending 2017 2018 2019 2020 2021 2022 2023 2024 2025

No.of months 12 12 12 12 12 12 12 12 12

1. SOURCES

a. Net Profit 146.95 305.24 440.90 1227.06 1330.87 1442.43 1573.86 1714.38 1849.74

b. Depreciation 20.73 17.88 15.45 13.38 11.58 10.03 8.73 7.57 6.57

c. Increase in Capital 0.00 0.00 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 0.00 0.00

e. Decrease in

i. Fixed Assets

ii. Other non-current Assets 922.73 922.50 922.26

f. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

g. TOTAL 1090.41 1245.62 1378.61 1240.44 1342.45 1452.46 1582.59 1721.95 1856.31

2. USES

a. Net loss

b. Decrease in Term Liabilities

(including Public Deposits) 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 0.00

c. Increase in

i. Fixed Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

ii. Other non-current Assets 5.48 5.76 6.04 6.35 6.66 7.00

d. Dividend Payments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

e. Others 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

f. TOTAL 500.00 500.00 500.00 505.48 505.76 506.04 506.35 506.66 7.00

3. Long Term Surplus (+) / Deficit (-) [1-2] 590.41 745.62 878.61 734.96 836.69 946.42 1076.24 1215.29 1849.31

4. Increase/decrease in current assets

* (as per details given below) 593.09 748.13 881.22 737.39 839.04 949.02 1079.05 1218.38 1352.55

5. Increase/decrease in current liabilities

other than bank borrowings 2.68 2.51 2.61 2.43 2.35 2.60 2.81 3.09 -496.76

6. Increase/decrease in working capital gap 590.41 745.62 878.61 734.96 836.69 946.42 1076.24 1215.29 1849.31

7. Net Surplus / Deficit (-) [3-6] 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

8. Increase/decrease in bank borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

9. Increase/decrease in NET SALES 275.74 262.67 233.42 239.43 176.22 194.47 229.11 250.00 246.21

* Break up of item-4

i. Increase/decrease in Raw Materials 2.25 1.98 1.96 1.69 1.63 1.83 2.03 2.27 2.32

ii. Increase/decrease in Stocks-in-Process 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iii. Increase/decrease in Finished Goods 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

iv. Increase/decrease in Receivables

a) Domestic 22.98 21.89 19.45 19.95 14.69 16.21 19.09 20.83 20.52

b) Export 0.00 0.00 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 0.00 0.00

vi. Increase/decrease in other current assets 567.86 724.26 859.81 715.75 822.72 930.98 1057.93 1195.28 1329.71

TOTAL 593.09 748.13 881.22 737.39 839.04 949.02 1079.05 1218.38 1352.55



Amounts in Rs. Lacs

Projections Projections Projections Projections Projections Projections Projections Projections Projections

Financial Year ended / ending 2017 2018 2019 2020 2021 2022 2023 2024 2025

No.of months 12 12 12 12 12 12 12 12 12

Total Current Assets 1586.21 2334.34 3215.56 3952.95 4791.99 5741.01 6820.06 8038.44 9390.99

Current Liabilities (Other than Bank

Borrowing) 524.64 527.15 529.76 532.19 534.54 537.14 539.95 543.04 46.28

Working Capital Gap 1061.57 1807.19 2685.80 3420.76 4257.45 5203.87 6280.11 7495.40 9344.71

Net Working Capital (Actual /Projected) 1061.57 1807.19 2685.80 3420.76 4257.45 5203.87 6280.11 7495.40 9344.71

Assessed Bank Finance (ABF) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

NWC/TCA (%) 66.92% 77.42% 83.53% 86.54% 88.85% 90.64% 92.08% 93.24% 99.51%

Bank Finance to TCA (%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Other CL/TCA (%) 33.08% 22.58% 16.47% 13.46% 11.15% 9.36% 7.92% 6.76% 0.49%

S. Creditors /TCA (%) 0.65% 0.52% 0.43% 0.39% 0.36% 0.33% 0.30% 0.28% 0.27%

Inv./NS (Days) 2.22 2.29 2.37 2.39 2.45 2.52 2.57 2.63 2.68

Rec./ Gross Sales (Days) 30.42 30.42 30.42 30.42 30.42 30.42 30.42 30.42 30.42

S. Creditors /Purchase (Days) 14.15 14.13 14.11 14.09 14.09 14.09 14.09 14.09 14.09

ASSESSED BANK FINANCE

CHECK

Name:M/S HOTEL VIJOYA PVT. LTD.



No.of months 12 12 12 12 12 12 12 12 12 12

1. Closing Stock in Process

of Operating Stament tallies Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

with that of Balance Sheet

2. Closing Stock of F.G.

of Operating Stament tallies Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes


3. Net Profit -33.33 146.95 305.24 440.90 1227.06 1330.87 1442.43 1573.86 1714.38 1849.74

4. Depreciation Reported in

Operating Statement tallies Yes Yes Yes Yes Yes Yes No No No


a. As per Op Statement 20.73 17.88 15.45 13.38 11.58 10.03 8.73 7.57 6.57

b. As per Form-III 20.73 17.88 15.45 13.38 11.58 10.03 8.73 7.57 6.57

c. Difference 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

5. Balance Sheet Assets is Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

equal to Liabilities

a. Total Assets 4028.17 3677.80 3485.55 3429.06 4158.55 4991.77 5936.80 7013.47 8230.94 9583.92

b. Total Liabilities 4028.17 3677.80 3485.55 3429.06 4158.55 4991.77 5936.80 7013.47 8230.94 9583.92

c. Difference - - - - - - - - - -


PERFORMANCE & FINANCIAL INDICATORS


Amounts in Rs. Lacs



No.of months 12 12 12 12 12 12 12 12 12 12

Net sales 1511.07 1786.81 2049.48 2282.90 2522.33 2698.55 2893.02 3122.13 3372.13 3618.34

Operating Profit 202.79 423.55 627.39 798.47 1910.93 2035.88 2172.05 2336.94 2514.98 2685.54

Net Other Income 4.51 4.74 4.97 5.22 5.48 5.76 6.04 6.35 6.66 7.00

Profit Before Tax -33.33 212.66 441.73 638.06 1775.78 1926.01 2087.46 2277.66 2481.01 2676.91

PBT/NS (%) -2.21% 11.90% 21.55% 27.95% 70.40% 71.37% 72.16% 72.95% 73.57% 73.98%

Profit After Tax -33.33 146.95 305.24 440.90 1227.06 1330.87 1442.43 1573.86 1714.38 1849.74

Cash Accruals -9.22 167.68 323.12 456.35 1240.44 1342.45 1452.46 1582.59 1721.95 1856.31

Paid Up Capital 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90

Tangible Net Worth -3276.21 -2201.79 -969.08 399.30 1626.36 2957.23 4399.66 5973.52 7687.90 9537.64

Adj TNW (Excl. Invest/Loans in Subsidiaries) -3276.21 -2201.79 -969.08 399.30 1626.36 2957.23 4399.66 5973.52 7687.90 9537.64

TOL/TNW -1.38 -1.83 -3.64 7.59 1.56 0.69 0.35 0.17 0.07 0.00

Total Term Lia./TNW -1.22 -1.59 -3.10 6.26 1.23 0.51 0.23 0.08 0.00 0.00

Current Ratio 1.90 3.02 4.43 6.07 7.43 8.96 10.69 12.63 14.80 202.92

Total Tangible Assets (TTA) 1245.75 1822.85 2558.07 3429.06 4158.55 4991.77 5936.80 7013.47 8230.94 9583.92

EFFICIENCY RATIOS : 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Net Sales/TTA (Times) 1.21 0.98 0.80 0.67 0.61 0.54 0.49 0.45 0.41 0.38

PBT/TTA (%) -2.68% 11.67% 17.27% 18.61% 42.70% 38.58% 35.16% 32.48% 30.14% 27.93%

Operating Cost/NS (%) 86.58% 76.30% 69.39% 65.02% 24.24% 24.56% 24.92% 25.15% 25.42% 25.78%

Bank Fin./Curr. Assets (%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Inv. +Rec./NS (Days) 33 33 33 33 33 33 33 33 33 33

LIQUIDITY RATIOS 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Current Ratio 1.90 3.02 4.43 6.07 7.43 8.96 10.69 12.63 14.80 202.92

Acid Test Ratio 1.89 3.00 4.40 6.04 7.40 8.93 10.65 12.59 14.76 202.34

Bank Finance to WCG (%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

LEVERAGE RATIOS 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Debt : Equity Ratio -1.22 -1.59 -3.10 6.26 1.23 0.51 0.23 0.08 0.00 0.00

TOL/TNW -1.38 -1.83 -3.64 7.59 1.56 0.69 0.35 0.17 0.07 0.00

Debt : Assets Ratio 3.21 1.92 1.17 0.73 0.48 0.30 0.17 0.07 0.00 0.00

Fixed Assets Coverage Ratio 25.33 25.51 25.15 24.07 22.11 19.01 14.52 8.32 0.00 0.00

Interest Coverage Ratio 0.96 2.08 3.41 4.95 13.72 17.76 24.14 35.84 62.25 172.69

TURNOVER RATIOS 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Inventory Turnover Period (DAYS) 2 2 2 2 2 2 3 3 3 3

Average Collection Period (DAYS) 30 30 30 30 30 30 30 30 30 30

Total Assets Turnover (TIMES) 1.21 0.98 0.80 0.67 0.61 0.54 0.49 0.45 0.41 0.38

Average Credit Period (DAYS) 14 14 14 14 14 14 14 14 14

Bank Finance Turnover #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Current Assets Turnover 1.52 1.13 0.88 0.71 0.64 0.56 0.50 0.46 0.42 0.39

PROFITABILITY RATIOS 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Net Profit Margin (%) -2.21% 8.22% 14.89% 19.31% 48.65% 49.32% 49.86% 50.41% 50.84% 51.12%

Net Income : Assets Ratio (%) -2.68% 8.06% 11.93% 12.86% 29.51% 26.66% 24.30% 22.44% 20.83% 19.30%

Return on Investment (ROCE)(%) 18.58% 24.63% 25.42% 23.89% 46.41% 41.13% 36.86% 33.54% 30.73% 28.16%

Return on Equity (%) -152.19% 671.00% 1393.79% 2013.24% 5603.01% 6077.03% 6586.44% 7186.58% 7828.22% 8446.30%

Operating Profitability (%) 13.42% 23.70% 30.61% 34.98% 75.76% 75.44% 75.08% 74.85% 74.58% 74.22%

Pre-Tax Profitability (%) -2.21% 11.90% 21.55% 27.95% 70.40% 71.37% 72.16% 72.95% 73.57% 73.98%

PBT/TTA (%) -2.68% 11.67% 17.27% 18.61% 42.70% 38.58% 35.16% 32.48% 30.14% 27.93%

STRUCTURAL RATIOS 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Retained Profit (%) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Raw Material Content (%) 85.92% 88.85% 90.68% 92.01% 92.90% 93.54% 94.06% 94.48% 94.82% 95.09%

Operating Cost/Sales (%) 86.58% 76.30% 69.39% 65.02% 24.24% 24.56% 24.92% 25.15% 25.42% 25.78%


FINANCIAL SUMMARY


Amounts in Rs. Lacs

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

1. Gross Sales - Domestic 1511.07 1786.81 2049.48 2282.90 2522.33 2698.55 2893.02 3122.13 3372.13 3618.34

- Exports 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2. Less Excise Duty 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3. Net Sales (1 - 2) 1511.07 1786.81 2049.48 2282.90 2522.33 2698.55 2893.02 3122.13 3372.13 3618.34

4. Depreciation 24.11 20.73 17.88 15.45 13.38 11.58 10.03 8.73 7.57 6.57

5. Operating Profit (before Interest) 202.79 423.55 627.39 798.47 1910.93 2035.88 2172.05 2336.94 2514.98 2685.54

6. Interest 240.63 215.63 190.63 165.63 140.63 115.63 90.63 65.63 40.63 15.63

7. PBT -33.33 212.66 441.73 638.06 1775.78 1926.01 2087.46 2277.66 2481.01 2676.91

8. Tax 0.00 65.71 136.49 197.16 548.72 595.14 645.03 703.80 766.63 827.17

9. PAT -33.33 146.95 305.24 440.90 1227.06 1330.87 1442.43 1573.86 1714.38 1849.74

10. PBDIT (4+6+7) 231.41 449.02 650.24 819.14 1929.79 2053.22 2188.12 2352.02 2529.21 2699.11

11. Paid Up Capital (PUC) 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90 21.90

12. Total Outside Liabilities (TOL) 4521.96 4024.64 3527.15 3029.76 2532.19 2034.54 1537.14 1039.95 543.04 46.28

13. Tangible Net Worth (TNW) -3276.21 -2201.79 -969.08 399.30 1626.36 2957.23 4399.66 5973.52 7687.90 9537.64

14. Adjusted TNW -3276.21 -2201.79 -969.08 399.30 1626.36 2957.23 4399.66 5973.52 7687.90 9537.64

15. Total Assets 4028.17 3677.80 3485.55 3429.06 4158.55 4991.77 5936.80 7013.47 8230.94 9583.92

16.. Intangible Assets 2782.42 1854.95 927.48 0.00 0.00 0.00 0.00 0.00 0.00 0.00

17. TTA (15-16) 1245.75 1822.85 2558.07 3429.06 4158.55 4991.77 5936.80 7013.47 8230.94 9583.92

18. PBDIT/INT (10/6) 0.96 2.08 3.41 4.95 13.72 17.76 24.14 35.84 62.25 172.69

19. PBT/Net Sales -2.21% 11.90% 21.55% 27.95% 70.40% 71.37% 72.16% 72.95% 73.57% 73.98%

20. PAT/Net Sales -2.21% 8.22% 14.89% 19.31% 48.65% 49.32% 49.86% 50.41% 50.84% 51.12%

21. ROCE (PBDIT/TTA) 18.58% 24.63% 25.42% 23.89% 46.41% 41.13% 36.86% 33.54% 30.73% 28.16%

22. (INV+RECV)/NET SALES (Days) 33 33 33 33 33 33 33 33 33 33

24. Current Ratio 1.90 3.02 4.43 6.07 7.43 8.96 10.69 12.63 14.80 202.92

25. TOL/TNW -1.38 -1.83 -3.64 7.59 1.56 0.69 0.35 0.17 0.07 0.00

26. TOL/TNW (Adjusted) -1.38 -1.83 -3.64 7.59 1.56 0.69 0.35 0.17 0.07 0.00

27. Cash Accrual -9.22 167.68 323.12 456.35 1240.44 1342.45 1452.46 1582.59 1721.95 1856.31

2017 2018 2019 2020 2021 2022 2023 2024 2025

1. Long Term Sources 1090.41 1245.62 1378.61 1240.44 1342.45 1452.46 1582.59 1721.95 1856.31

2. Long Term Uses 500.00 500.00 500.00 505.48 505.76 506.04 506.35 506.66 7.00

3. Surplus/Deficit 590.41 745.62 878.61 734.96 836.69 946.42 1076.24 1215.29 1849.31

FUNDS FLOW ANALYSIS


DATA ANALYSIS


OPERATING STATEMENT

Amounts in Rs. Lacs



No.of months 12 12 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% 0.00% 0.00%

Annual Growth in Net Sales 18.25% 14.70% 11.39% 10.49% 6.99% 7.21% 7.92% 8.01% 7.30%

1 RATIO OF NET SALES TO :



manufacture) 14.31% 15.01% 15.35% 15.90% 16.08% 16.50% 16.94% 17.28% 17.64% 18.05%

a. Imported 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

b. Indigenous 14.31% 15.01% 15.35% 15.90% 16.08% 16.50% 16.94% 17.28% 17.64% 18.05%

ii. Other Spares 0.00% 0.00% 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% 0.00% 0.00%

b. Indigenous 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Power and Fuel 0.46% 0.42% 0.40% 0.39% 0.38% 0.38% 0.38% 0.38% 0.39% 0.39%

iv. Direct Labour (Factory wages & salaries) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

v. Other manufacturing expenses 0.29% 0.30% 0.31% 0.32% 0.32% 0.33% 0.34% 0.35% 0.35% 0.36%

vi. Depreciation 1.60% 1.16% 0.87% 0.68% 0.53% 0.43% 0.35% 0.28% 0.22% 0.18%

vii. Selling, general and administrative expenses 0.07% 0.06% 0.05% 0.04% 0.04% 0.04% 0.03% 0.03% 0.03% 0.03%

viii. Interest 15.92% 12.07% 9.30% 7.26% 5.58% 4.28% 3.13% 2.10% 1.20% 0.43%

2 COMPOSITION OF COST OF SALES : 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025



manufacture) 85.92% 88.85% 90.68% 92.01% 92.90% 93.54% 94.06% 94.48% 94.82% 95.09%

a. Imported 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

b. Indigenous 85.92% 88.85% 90.68% 92.01% 92.90% 93.54% 94.06% 94.48% 94.82% 95.09%

ii. Other Spares 0.00% 0.00% 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% 0.00% 0.00%

b. Indigenous 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Power and Fuel 2.78% 2.50% 2.35% 2.23% 2.18% 2.16% 2.13% 2.10% 2.07% 2.05%

iv. Direct Labour (Factory wages & salaries) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%


v. Other manufacturing expenses 1.72% 1.78% 1.81% 1.84% 1.86% 1.87% 1.88% 1.89% 1.90% 1.90%

vi. Depreciation 9.58% 6.87% 5.15% 3.92% 3.06% 2.43% 1.92% 1.53% 1.21% 0.96%

vii. Accretion/Depletion in SIP & FG Stocks 0.00% 0.00% 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% 100.00% 100.00%

3 PERCENTAGE GROWTHS : 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

i. Gross Sales 18.25% 14.70% 11.39% 10.49% 6.99% 7.21% 7.92% 8.01% 7.30%

ii. Gross Domestic Sales 18.25% 14.70% 11.39% 10.49% 6.99% 7.21% 7.92% 8.01% 7.30%

iii. Gross Exports

iv. Net Sales 18.25% 14.70% 11.39% 10.49% 6.99% 7.21% 7.92% 8.01% 7.30%

v. Total Raw Materials 24.04% 17.31% 15.42% 11.75% 9.72% 10.13% 10.05% 10.29% 9.75%

vi. Imported Raw Materials

vii. Indegenous Raw Materials 24.04% 17.31% 15.42% 11.75% 9.72% 10.13% 10.05% 10.29% 9.75%

viii. Other Spares

ix. Imported Spares

x. Indegenous Spares

xi. Power and Fuel 7.86% 7.95% 7.98% 7.95% 8.11% 8.08% 8.20% 8.24% 8.31%

xii. Direct Labour (Factory wages & salaries) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

xiii. Other manufacturing expenses 24.07% 17.35% 15.42% 11.71% 9.74% 10.11% 10.10% 10.29% 9.75%

xiv. Depreciation -14.02% -13.75% -13.59% -13.40% -13.45% -13.39% -12.96% -13.29% -13.21%

xv. Selling, general and administrative expenses 0.46% 1.29% 1.36% -83.97% 6.90% 6.98% 7.19% 7.25% 7.14%

xvi. Interest -10.39% -11.59% -13.11% -15.09% -17.78% -21.62% -27.58% -38.09% -61.53%

4 Non-Operating Income / Net Sales 0.30% 0.27% 0.24% 0.23% 0.22% 0.21% 0.21% 0.20% 0.20% 0.19%

5 Non-Operating Income / PBT -13.53% 2.23% 1.13% 0.82% 0.31% 0.30% 0.29% 0.28% 0.27% 0.26%

6 Net Profit / PBT 100.00% 69.10% 69.10% 69.10% 69.10% 69.10% 69.10% 69.10% 69.10% 69.10%

7 Retained Profit / Net Profit 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

8 Cash Accrual / Net Sales -0.61% 9.38% 15.77% 19.99% 49.18% 49.75% 50.21% 50.69% 51.06% 51.30%

9 Average Cost of Borrowings 5.35% 5.39% 5.45% 5.52% 5.63% 5.78% 6.04% 6.56% 8.13% #DIV/0!

BALANCE SHEET



No.of months 12 12 12 12 12 12 12 12 12 12


1 COMPOSITION OF CURRENT LIABILITIES

i. Short-term borrowing from banks 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

ii. Short term borrowings from others 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Sundry Creditors (Trade) 1.59% 1.97% 2.30% 2.64% 2.93% 3.20% 3.51% 3.84% 4.21% 54.26%

iv. Advance payments from customers 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

v. Provision for taxation 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

vi. Dividend payable 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

vii. Other statutory liabilities (due within 1 year) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

viii. Instalments payable within 1 year 95.79% 95.30% 94.85% 94.38% 93.95% 93.54% 93.09% 92.60% 92.07% 0.00%

ix. Other current liabilities & provisions 2.62% 2.73% 2.85% 2.98% 3.12% 3.26% 3.41% 3.56% 3.71% 45.74%

CHECK TOTAL 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

2 ANNUAL GROWTH : LIABILITIES 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

i. Short-term borrowing from banks #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

ii. Short term borrowings from others

iii. Sundry Creditors (Trade) 24.07% 17.36% 15.37% 11.75% 9.74% 10.11% 10.08% 10.27% 9.75%

iv. Advance payments from customers

v. Provision for taxation

vi. Dividend payable

vii. Other statutory liabilities (due within 1 year)

viii. Instalments payable within 1 year 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -100.00%

ix. Other current liabilities & provisions 0.51% 0.48% 0.50% 0.46% 0.44% 0.49% 0.52% 0.57% -91.48%

x. Total Current Liabilities 0.51% 0.48% 0.50% 0.46% 0.44% 0.49% 0.52% 0.57% -91.48%

xi. Total Term Liabilities -12.50% -14.29% -16.67% -20.00% -25.00% -33.33% -50.00% -100.00% #DIV/0!

xii. Total Outside Liabilities -11.00% -12.36% -14.10% -16.42% -19.65% -24.45% -32.35% -47.78% -91.48%

xiii. Net Worth -29.76% -88.01% -1059.86% 307.30% 81.83% 48.78% 35.77% 28.70% 24.06%

xiv. Tangible Net Worth -32.79% -55.99% -141.20% 307.30% 81.83% 48.78% 35.77% 28.70% 24.06%

3 COMPOSITION OF CURRENT ASSETS 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

i. Cash and Bank Balances 74.85% 81.21% 85.03% 87.43% 88.22% 88.95% 89.46% 89.81% 90.04% 90.18%

ii. Investments (other than long term) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

iii. Receivables 12.68% 9.39% 7.32% 5.92% 5.32% 4.69% 4.20% 3.81% 3.50% 3.21%

iv. Instalments of deferred receivables 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

v. Inventory: 0.87% 0.69% 0.55% 0.46% 0.42% 0.38% 0.35% 0.32% 0.30% 0.28%

vi. Raw materials 0.87% 0.69% 0.55% 0.46% 0.42% 0.38% 0.35% 0.32% 0.30% 0.28%

vii. Stocks-in-process 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

viii. Finished goods 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

ix. Other consumable spares 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

x. Advances to suppliers of raw materials 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%


xi. Advance payment of taxes 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

xii. Other current assets 11.60% 8.72% 7.11% 6.19% 6.04% 5.98% 5.99% 6.05% 6.16% 6.33%

CHECK TOTAL 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

4 ANNUAL GROWTH : ASSETS 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

i. Cash and Bank Balances 73.29% 54.08% 41.65% 24.04% 22.22% 20.50% 19.26% 18.17% 17.00%

ii. Investments (other than long term)

iii. Receivables 18.25% 14.70% 11.39% 10.49% 6.99% 7.21% 7.92% 8.01% 7.30%

iv. Instalments of deferred receivables

v. Inventory: 26.04% 18.18% 15.23% 11.40% 9.87% 10.08% 10.16% 10.31% 9.56%

vi. Raw materials 26.04% 18.18% 15.23% 11.40% 9.87% 10.08% 10.16% 10.31% 9.56%

vii. Stocks-in-process

viii. Finished goods #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

ix. Other consumable spares

x. Advances to suppliers of raw materials #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

xi. Advance payment of taxes

xii. Other current assets 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%

xiii. Total Current Assets 59.72% 47.16% 37.75% 22.93% 21.23% 19.80% 18.80% 17.86% 16.83%

xiv. Gross Block 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

xv. Net Block -13.13% -13.03% -12.95% -12.88% -12.80% -12.71% -12.68% -12.59% -12.50%

xvi. Total Other Non-current Assets 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00%

xvii. Intangible Assets -33.33% -50.00% -100.00% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

xviii. Net Working Capital 125.31% 70.24% 48.62% 27.36% 24.46% 22.23% 20.68% 19.35% 24.67%

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

5 TOL / TNW -1.38 -1.83 -3.64 7.59 1.56 0.69 0.35 0.17 0.07 0.00

6 (TL + Net Worth) : Net Block 2220.39% 2298.56% 2479.80% 2791.82% 4008.36% 5649.93% 7841.50% 10765.87% 14626.90% 20738.51%

7 (TL + TNW) : Tangible Non Current Assets 286.50% 548.60% 907.75% 1357.99% 1763.79% 2231.07% 2757.88% 3347.05% 3993.71% 4943.58%

8 Net Block : TL 3.51% 3.43% 3.41% 3.46% 3.62% 3.94% 4.59% 6.01% 10.51% #DIV/0!

9 (Inventories + Rec) : S.T. Bank Borrowings #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

10 Current Assets : S.T. Bank Borrowings #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

11 PL Depreciation : Average Gross Block 9.94% 8.55% 7.37% 6.37% 5.52% 4.78% 4.14% 3.60% 3.12% 2.71%

Documents

CMA-Vijay-22-06-2014