2019

Project Report
Sacris Art Studio Pvt Ltd

Vineeth V
Catholic Statue World
8/9/2019
 Detailed project Report on
SACRIS ART STUDIO PVT LTD

1.Product: - Fiber Glass/ Polyresin/Cement/Gypsum Statues,

Rosaries, Photo frames, Molded frames, Wall

sculptures and Church Supplies

2.Code: -

3. Product Code: -

4. Production Capacity: - 1200 Units/ per year

(Valued Rs. 132.00 Lakhs)

5. Month& Year of Preparation: - 9th August ,2019

6.Prepared by: - Vineeth V

AICS Pvt Ltd, 131-132, Twin Luxe Building, Burma
Colony 1st Face, Perungudi, OMR Road, Chennai 96.

1|Page
  Sacris Art Studio Pvt Ltd (Catholic Statue World)

Introduction:

This project envisages production of Catholic Fiber Glass Statues which is having a
very bright prospect in worldwide market typically countries like the USA,
Australia, Africa & India. Due to the liberalized economic policy followed and
encouragement by Govt.of India future prosperity of this product in the western zone
is obviously bright. Moreover, there are very limited MSEs in manufacturing
Catholic Fiber glass statues in total Western Region which has a vast demand of this
product.

Who we are:
Sacris Art Studio Pvt Ltd (Catholic Statue World) is a group of artists who are
specialized in making catholic sculptures. Under the supervision of Mr.
Jayaprakash, who is a veteran artist and sculptor, we are achieving consistent
growth in our business with limited resources. We consider our work as a
medium to express our self rather than a business, due to which each work of
ours is just like a signature of our team. We have accomplished a lot of projects
all over India which makes our brand popular in the market. We are focusing the
establishment of our brand on a global scale. We are having a wonderful team of
energetic and multitasking personals which is making us the most versatile
company in the industry.

Key Personals:
1. Jayaprakash (Technical Director)
2. Sunitha Jayaprakash (Director)
3. Sunilkumar Jayaprakash (Marketing Director)
4. Vineeth V (International Corporate Relationship)
5. Latha Kumar (Accounts Operations)

Market Potential:

The market of Catholic Fiber glass statues is very bright since its demand is
increasing at a faster rate. The reasons are not far to seek. The statues of Jesus,
Mary and the saints are ways that Catholics honor and preserve their memory,
through visual means in their everyday life. Remember the expression, “out of
sight, out of mind?” As Catholics, people never want Jesus, and Mary, and the
2|Page
 example of the saints to be out of sight or out of mind, but be forever enduring
in their hearts, and in their everyday lives. Hence the demands of these products
also increase.

Quality Control and Standards:

Our intention is to create statues with premium quality by using best in class raw

materials. We are committed to provide the best and beautiful products to our clients

and hence our intention is to fetch the best techniques and technicians available. During

the manufacturing process quality is checked at each and every step. Finally finished

products are selected at random and tested to ascertain its asset values.

Manufacturing Process:
*We need to describe the method of production here.*
Pollution Control:

Sacris Art Studio Pvt Ltd has a share in the present Environmental Degradation. So,
it is advisable to get NOC from Pollution Control Authority as per statutory norms.
In this project all the machineries are fitted with pollution arresting measures.

Energy Conservation:

Considering the fuel reserves and its spiraling price it is essential to adopt energy
conservation system by the entrepreneur.

Basis & Presumptions:

1. The estimates are drawn for a capacity, generally considered techno

economically viable for a model type of manufacturing unit.
2. The cost in respect of office space, auxiliary machineries, raw materials and
the service charges are generally considered the market value prevails at the
time of preparation of the project report and may vary depending upon various
factors.
3|Page
 3. Salaries and wages to be given to the officers and employees are in
accordance to the present wage structure of Govt.of Kerala.
4. Considering inflation rate and present Global economy condition interest rate
for Term Loan and Working Capital Loan are considered to be @ 16% per
annum
5. Margin Money from the promoters will be 25% for fixed Assets and 25% for
working capital

Project Implementation:

It is expected that five months will be sufficient to complete all activities of the
project till commercial production is achieved.

Infrastructural Facilities:

1. Power *xx* h.p of power will be required for this project. The entrepreneur
should approach appropriate authority accordingly.
2. Raw material availability: Except one raw material from Supplier and other
raw material are locally available.
3. Water: Sufficient water @ *xx* KL will be required daily and suitable bore
water will suffice if normal supply water from corporation is not available.
4. Transport: The unit should be in a place where it should be connected with
road and Rail transport, so that there should be no problem in arranging raw
materials and also dispatches of finished products.
5. Man power: Total man heads requirement for this project will be around 6 and
since it is an established technology and as such there will no problem in
getting suitable man heads for this project.
6. Registration & Licenses: The entrepreneur should obtain all relevant
registration from DIC and other Govt. offices before commencement of
business activities. This is must.
7. Pollution: There will be no harmful disposal of effluents. However,
entrepreneur should obtain NOC from pollution control board as per statutory
norms.
Preoperative Expenses:
Sl.no Particulars Amount in Rs
01. Company formation and legal expenses /-

4|Page
 02. Project Report, Technical assistance, Civil /-
plan and Estimates
03. Travelling expenses /-
04. Miscellaneous expenses /-
Total: Rs. /-

Description of land and Building:

Sl.no Particulars Specifications Amount in Rs.
01. Land Taken for rent Security Deposit 500000/-

02. Work shed @ Rs.125/- sq./ft 6000 sq. Ft 750000/-

03. Boundary wall sq. Ft. /-

04. Office @ Rs.350/sq. Ft. sq. Ft. /-
06. Staff room and Toilet sq. Ft. /-
@ Rs.250/ - sq.ft.
08. Land development L.S. /-
09. Deep Tube Well 6” L.S. /-
Total Rs. /-

List of Plant and Machinery:

Sl.no. Particulars Specifications Amount in Rs.
01. Air Compressor 15 /-

02. YYYYY YYY /-

03. ZZZZZZ ZZZ /-

Sl.no. Particulars Amount in Rs.

01. Furnitures /-
02. Electrification /-
03. Computer, Printer, UPS, Fax /-
04. Miscellaneous /-
Total Rs. /-

5|Page
Total Fixed Capital (Amount in lac):

Preoperative expenses /-
Land & Building /-
Plant & Machinery /-
Erecting, Installation, Electrification, Forwarding, /-
Packaging, Transportation, Generator, Auxiliary
items and Pollution control equipment
Other Fixed Assets /-
Total /-
Salaries and Wages per month:

Sl.no. Particulars No. Rate Amount in Rs.

01. Works Manager 01
02. Supervisor 01
04. Accountant 01
06. Skilled workers 03
07. Semi-skilled workers 03
08. Watchman 01
Total Rs.
Fringe benefits @ 15%
Total Rs.

Raw Materials per month (in Rs.)

Sl.no. Particulars Rate Quantity Amount In

Rs.
01. AAA /-

02. BBB /-

03. CCC /-
04. DDD /-

Total Rs. /-

6|Page
 Utilities and Fuel Per Month:

Sl.no. Particulars Amount

01. Electric Power /-
02. AAA /-
03. BBB /-
Total Rs. /-
Consumables per month:

Sl.no. Particulars Quantity Rate Amount

01. AAA

02. BBB
Total Rs.
Other expenses per month
Sl.no. Particulars Amount
01. Postages
02. Tax & Insurance
03. Travelling and
conveyance
04. Freight & Carriage
05. Other consumables
like oil & lubricants
06. Repairs and
Maintenance
07. Miscellaneous
Total:
Working capital Assessment
Sl.no. Particulars Amount in Rs
01. Fuel stock
02. Raw materials

03. Work in progress

04. Finished stock

Total:

7|Page
 Total Capital Investment:

Total Fixed Capital Rs. /-

Working Capital Requirement Rs. /-

Total: Rs. /-

Manufacturing cost Per Month:

Raw materials
Salary and wages
Utilities and Fuels
Consumables
Other expenses
Depreciation on Building @5%
Depreciation on Plant and M@10%
Depreciation on other Fixed Assets
@20%
Interest on Term Loan @16%
Interest on Working Capital @ 16
Total:
Manufacturing cost per annum

Total production Per Month

Sales Proceeds per month:

@ X Units. = Rs. /-

Gross Sales Proceeds per annum = Rs. /-

Net sales per annum (less excise) = Rs. X/-

Profit per month = Rs. /-

8|Page
 Profit per annum = Rs. /-

Return on sales =%

Return on Investment =%

Break Even Analysis:

Contribution = Y lacs

Variable cost: Sales – contribution = X-Y =Z lac

Fixed cost per month:

Salary and Wages (40%) Rs. /-

Utilities (20%) Rs. /-

Other Expenses (25%) Rs. /-

Depreciation Rs. /-

Interest on Term loan Rs. /-

Total Rs. /-

Fixed cost per annum Rs. W lacs

Break Even Sales (BES) = W/ (Y/X) =V

= ???Lacs or 39% of net sales

9|Page