PROJECT REPORT

OF

M/S KAIMUR PRESS

(Printing Press)
Robertsganj, Sonebhadra (U.P.) - 231216

Block paving is one of the most long lasting and popular surfacing options, which is made from various
materials such as clay and concrete. Blocks are sized to a particular shape which is normally square
and rectangular and can be laid in simple lines or twisted patters depending on preference of user.
Quick to install and extremely durable with little maintenance are some of the factors which is
driving the market of block paving across the globe. It also enhances the look of any property and thus
has become a popular alternative to concrete or asphalt surfacing. The increasing demand for concrete
and clay building bricks has further driven the market.

This project has been designed to establish a Manufacturing Concern at Varanasi. It is a

Proprietorship concern owned by Manish kumar Chaubey.
Residential sector is the largest application of such paving as it provides a perfect environment and
comfort to the user. The Global block paving market is expected to show staggering growth during the
forecast period.

Now it is proposed to start operation with financial assistance from a suitable commercial bank.
Hence this project Report is presented.
 M/S KAIMUR PRESS
Robertsganj, Sonebhadra (U.P.) - 231216

I N D E X

S.NO. CONTENTS PAGES

CHAPTER

1 PROJECT AT GLANCE 1
2 COST OF THE PROJECT AND MEANS OF FINANCE 2
3 PROJECTIONS AND PROFITABILITY STATEMENT 3
4 CASH - FLOW STATEMENT 4
5 BALANCE SHEET 5

ANNEXURES

1 DEPRECIATION SCHEDULE 6
2 BREAK EVEN ANALYSIS 7
3 INTEREST SCHEDULE 8
4 DEBT SERVICE COVERAGE RATIO 9
5 ANALYSIS ON RETURN ON INVESTMENT 10
 PROJECT AT GLANCE

1 Name : M/S KAIMUR PRESS

2 Address : Robertsganj, Sonebhadra (U.P.) - 231216
3 Nature of Business : (Printing Press)
4 Constitution : Proprietorship firm
5 Cost of the project : (Rs. In Lakhs)
Particulars Total
Operational Cost 2.74
Plants & Machinary 8.50
Interest during the impl. Period 0.76
Total 12.00

Means of Finance :
Particulars Total
Partner's Contribution 2.00
Term Loan from Bank / Institution 10.00
Working Capital Loan (C.C. Limits) -
Total 12.00

6 Debt Equity Ratio : 5.00 :1

7 Debt Service Coverage Ratio : 2.41 MORE THAN 1
8 Gross Profit Ratio : 17.88 First Year Operation.
9 Net Profit Ratio : 10.34 First Year Operation.
10 Employment Potential : 4
11 Return on Investment : 59.46 % MORE THAN 12%

Page 3 of 11
 M/S KAIMUR PRESS
Robertsganj, Sonebhadra (U.P.) - 231216

COST OF THE PROJECT AND MEANS OF FINANCE

The project cost has been estimated at Rs. 12 Lakhs

Brief details of the project cost is given below

Cost of the project : (Rs. In Lakhs)

Particulars Total
Operational Cost 2.74
Plants & Machinary 8.50
Deposits -
Interest during the impl. Period 0.76
Total 12.00

Means of Finance :
Particulars Total
Capital Contribution 2.00
Working Capital Loan (C.C. Limit) -
Term Loan from Bank / Institution 10.00
Total 12.00
 M/S KAIMUR PRESS
Robertsganj, Sonebhadra (U.P.) - 231216

CASH - FLOW STATEMENT

(Printing Press)

Operating Years
PARTICULARS
1 2 3 4 5 6 7
A. Source of Funds :
Profit after Tax 2.17 1.70 2.77 3.84 4.89 6.09 7.46
Depreciation 0.64 1.18 1.00 0.85 0.72 0.62 0.52
Term Loan from Bank 10.00
Capital Contribution 2.00 - - - -

TOTAL OF ' A ' 14.81 2.88 3.77 4.70 5.61 6.70 7.99

B. Application of Funds :
Plants & Machinery 8.50 - - - -
Repayment of loan 1.87 1.87 1.87 1.87 1.87 1.87 1.87
TOTAL OF ' B ' 10.37 1.87 1.87 1.87 1.87 1.87 1.87

C. Opening Balance - 4.44 5.45 7.35 10.17 13.92 18.75

D. Net surplus ( A - B ) 4.44 1.01 1.90 2.82 3.74 4.83 6.12

E. Closing Balance 4.44 5.45 7.35 10.17 13.92 18.75 24.87

 M/S KAIMUR PRESS
Robertsganj, Sonebhadra (U.P.) - 231216

Statement of Profit and Loss Accounts

In Lakhs
Operating years
PARTICULARS
1 2 3 4 5 6
A.INCOME:
Total Sales 30.00 36.00 43.20 51.84 62.21 74.65

(The Quanities Sold are expected

to increase by 20% every year)
30.00 36.00 43.20 51.84 62.21 74.65
B. EXPENSES:
Material other Cost 21.00 27.00 32.40 38.88 46.66 55.99
Salary 2.40 2.52 2.77 3.19 3.83 4.59
Power Charges 0.60 0.63 0.69 0.80 0.96 1.15
Depreciation 0.64 1.18 1.00 0.85 0.72 0.62
Cost of Operations 24.64 31.33 36.87 43.72 52.16 62.34

C. Gross Profit [ A - B ] 5.36 4.67 6.33 8.12 10.05 12.31

D. Interest on term loan 0.76 0.67 0.57 0.46 0.34 0.22

E. Selling & Admin. Exp. 1.50 1.58 1.81 2.17 2.72 3.40

F. Profit before Tax [ C - (D+E) ] 3.10 2.43 3.95 5.49 6.99 8.70

G. Income Tax 0.93 0.73 1.19 1.65 2.10 2.61

H. Profit after Tax ( F-G ) 2.17 1.70 2.77 3.84 4.89 6.09

I. Depreciation added back 0.64 1.18 1.00 0.85 0.72 0.62

J. Cash Accruals ( H + I ) 2.81 2.88 3.77 4.70 5.61 6.70

L. Repayment of Term Loan 1.87 1.87 1.87 1.87 1.87 1.87

M. Net Cash A'ble (J - K)) 0.94 1.01 1.90 2.82 3.74 4.83
 7

89.58

89.58

67.18
5.51
1.38
0.52
74.59

14.99

0.08

4.25

10.66

3.20

7.46

0.52

7.99

1.87

6.12
 M/S KAIMUR PRESS
Robertsganj, Sonebhadra (U.P.) - 231216

BALANCE SHEET
(Printing Press)

Operating Years
PARTICULARS
1 2 3 4 5 6 7

A. LIABILITIES :
Capital Account 2.00 2.00 2.00 2.00 2.00 2.00 2.00
Reserves & Surplus 2.17 3.87 6.64 10.48 15.37 21.46 28.92
Secured Loan 8.89 7.69 6.38 4.97 3.45 1.79 -
Sundry Creditors 0.80 0.96 1.15 1.38 1.52 1.67 1.84
TOTAL 13.86 14.52 16.18 18.84 22.34 26.92 32.76

B. ASSETS :
Fixed Assets 7.86 6.68 5.68 4.83 4.10 3.49 2.97
Cash & Bank 4.44 5.45 7.35 10.17 13.92 18.75 24.87
Sundry Debtors 1.56 2.39 3.15 3.84 4.32 4.69 4.93
TOTAL 13.86 14.52 16.18 18.84 22.34 26.92 32.76
 M/S KAIMUR PRESS
Robertsganj, Sonebhadra (U.P.) - 231216
(Printing Press)

ANNEXURE NO.1

DEPRECIATION CHART
(Printing Press)

WDV at the year end

PARTICULARS
1 2 3 4 5 6 7

Plants & Machinery 8.50 7.86 6.68 5.68 4.83 4.10 3.49
Less : Depreciation @ 15% 0.64 1.18 1.00 0.85 0.72 0.62 0.52

Written Down Value (WDV) 7.86 6.68 5.68 4.83 4.10 3.49 2.97

Total Depriciation 0.64 1.18 1.00 0.85 0.72 0.62 0.52

 M/S KAIMUR PRESS
Robertsganj, Sonebhadra (U.P.) - 231216

ANNEXURE NO.2
BREAK-EVEN ANALYSIS

Years
(Printing Press)
1 2 3 4 5 6
A. Receipts 30.00 36.00 43.20 51.84 62.21 74.65

B. Variable cost: 24.64 31.33 36.87 43.72 52.16 62.34

D. Fixed costs:
Depreciation 0.64 1.18 1.00 0.85 0.72 0.62
Interest on Term Loan & W.C. 0.76 0.67 0.57 0.46 0.34 0.22
Administration Expenses 1.50 1.58 1.81 2.17 2.72 3.40
2.90 3.42 3.38 3.49 3.78 4.23

E. Contribution [ B - C ] 5.36 4.67 6.33 8.12 10.05 12.31

F. P.V.Ratio [ E/B x 100 ] 17.88 12.97 14.66 15.67 16.15 16.49

G. Break - even [ Value ]

[ D / F x 100 ] 16.21 26.38 23.07 22.24 23.43 25.64

H. Cash Break Even 12.64 17.29 16.23 16.80 18.95 21.91

[ Without Depreciation]
M/S KAIMUR PRESS

Years
7
89.58

74.59

0.52
0.08
4.25
4.85

14.99

16.73

28.97

25.85
 M/S KAIMUR PRESS

ANNEXURE NO.3

INTEREST SCHEDULE :
TERM LOAN 0.76 0.67 0.57 0.46 0.34 0.22 0.08
WORKING CAPITAL LOAN - - - - - - -
TOTAL 0.76 0.67 0.57 0.46 0.34 0.22 0.08

REPAYMENT SCHEDULE OF TERM LOAN

TERM LOAN 10.00
RATE OF INTT. P.A 8.00%
NO. OF INSTALLMENT 84
EMI MONTHLY 0.16
EMI YEARLY 1.87

CALCULATION OF DETAILS OF EMI OF TERM LOAN

W.C.
O/S TERM LOAN
OUTSTANDING PRINCIPAL INTEREST PRINCIPAL EMI LOAN TOTAL
10.00 8.89 - 8.89
Ist Year 0.76 1.11 1.87 7.69 - 7.69
8.89 6.38 - 6.38
IInd Year 0.67 1.20 1.87 4.97 - 4.97
7.69 3.45 - 3.45
IIIrd Year 0.57 1.30 1.87 1.79 - 1.79
6.38
IVnd Year 0.46 1.41 1.87
4.97
Vth Year 0.34 1.53 1.87
3.45
VIth Year 0.22 1.65 1.87
1.79
VIIth Year 0.08 1.79 1.87
- 3.09 10.00 13.09

NOTE : Interest on Term Loan is liquidated in 7 year

 M/S KAIMUR PRESS
ANNEXURE NO.4

DEBT SERVICE COVERAGE RATIO :

Operating Years
(Printing Press)
1 2 3 4 5 6 7
A. SOURCES :
Profit after tax 2.17 1.70 2.77 3.84 4.89 6.09 7.46
Depreciation 0.64 1.18 1.00 0.85 0.72 0.62 0.52
Interest on term loan 0.76 0.67 0.57 0.46 0.34 0.22 0.08
TOTAL OF ' A ' 3.57 3.55 4.34 5.15 5.96 6.92 8.07

B DEBT :
Term loan installment 1.87 1.87 1.87 1.87 1.87 1.87 1.87
Interest on Term Loan 0.76 0.67 0.57 0.46 0.34 0.22 0.08

TOTAL OF ' B ' 2.63 2.54 2.44 2.33 2.21 2.09 1.95

C Debt Service Coverage Ratio

DSCR [A/B] 1.36 1.40 1.78 2.21 2.69 3.32 4.14

D Average DSCR 2.41

 M/S KAIMUR PRESS
ANNEXURE NO.5

ANALYSIS OF RETURN ON INVESTMENT :

(Printing Press)
1. Return on Investment = Average Return x 100
Capital Employed

2. Return = Profit before tax + Depreciation + Interest on term loan

3. Capital Employed = Cost of the Project

RETURN ON INVESTMENT :

OPERTING YEARS
PARTICULARS
0 1 2 3 4 6 7
Profit before tax 3.10 2.43 3.95 5.49 6.99 8.70 10.66

Depreciation 0.64 1.18 1.00 0.85 0.72 0.62 0.52

Interest on Term Loan 0.76 0.67 0.57 0.46 0.34 0.22 0.08

4.50 4.28 5.52 6.80 8.05 9.53 11.26

# Average Return 7.14

# Capital Employed 12.00

# Return on Investment 59.46 %

 WORKING CAPITAL RATIO (W.C.)

Years 1 2 3 4 5 6 7

Ratio 0.67 1.02 1.39 2.20 3.67 6.76 16.19

W. C. Ratio= Current Assets/Current Average W. C. 4.56

Liabilities

INTEREST SERVICE COVERAGE RATIO(ISCR)

Years 1 2 3 4 5 6 7

Ratio 4.24 2.87 6.20 11.09 19.27 38.43 130.01

ISCR Ratio= PBIT-Depriciation / Interest Average Ratio 30.30

Expenses

0
 EMI CALCULATOR

MONTH OPENING EMI PRINCIPAL INTEREST CLOSING

1 10.00 0.16 0.09 0.07 9.91
2 9.91 0.16 0.09 0.07 9.82
3 9.82 0.16 0.09 0.07 9.73
4 9.73 0.16 0.09 0.06 9.64
5 9.64 0.16 0.09 0.06 9.55
6 9.55 0.16 0.09 0.06 9.46
7 9.46 0.16 0.09 0.06 9.36
8 9.36 0.16 0.09 0.06 9.27
9 9.27 0.16 0.09 0.06 9.18
10 9.18 0.16 0.09 0.06 9.08
11 9.08 0.16 0.10 0.06 8.99
12 8.99 0.16 0.10 0.06 8.89
13 8.89 0.16 0.10 0.06 8.79
14 8.79 0.16 0.10 0.06 8.70
15 8.70 0.16 0.10 0.06 8.60
16 8.60 0.16 0.10 0.06 8.50
17 8.50 0.16 0.10 0.06 8.40
18 8.40 0.16 0.10 0.06 8.30
19 8.30 0.16 0.10 0.06 8.20
20 8.20 0.16 0.10 0.05 8.10
21 8.10 0.16 0.10 0.05 8.00
22 8.00 0.16 0.10 0.05 7.89
23 7.89 0.16 0.10 0.05 7.79
24 7.79 0.16 0.10 0.05 7.69
25 7.69 0.16 0.10 0.05 7.58
26 7.58 0.16 0.11 0.05 7.48
27 7.48 0.16 0.11 0.05 7.37
28 7.37 0.16 0.11 0.05 7.26
29 7.26 0.16 0.11 0.05 7.16
30 7.16 0.16 0.11 0.05 7.05
31 7.05 0.16 0.11 0.05 6.94
32 6.94 0.16 0.11 0.05 6.83
33 6.83 0.16 0.11 0.05 6.72
34 6.72 0.16 0.11 0.04 6.61
35 6.61 0.16 0.11 0.04 6.50
36 6.50 0.16 0.11 0.04 6.38
37 6.38 0.16 0.11 0.04 6.27
38 6.27 0.16 0.11 0.04 6.16
39 6.16 0.16 0.11 0.04 6.04
40 6.04 0.16 0.12 0.04 5.93
41 5.93 0.16 0.12 0.04 5.81
42 5.81 0.16 0.12 0.04 5.69
43 5.69 0.16 0.12 0.04 5.58
44 5.58 0.16 0.12 0.04 5.46
 45 5.46 0.16 0.12 0.04 5.34
46 5.34 0.16 0.12 0.04 5.22
47 5.22 0.16 0.12 0.03 5.10
48 5.10 0.16 0.12 0.03 4.97
49 4.97 0.16 0.12 0.03 4.85
50 4.85 0.16 0.12 0.03 4.73
51 4.73 0.16 0.12 0.03 4.60
52 4.60 0.16 0.13 0.03 4.48
53 4.48 0.16 0.13 0.03 4.35
54 4.35 0.16 0.13 0.03 4.23
55 4.23 0.16 0.13 0.03 4.10
56 4.10 0.16 0.13 0.03 3.97
57 3.97 0.16 0.13 0.03 3.84
58 3.84 0.16 0.13 0.03 3.71
59 3.71 0.16 0.13 0.02 3.58
60 3.58 0.16 0.13 0.02 3.45
61 3.45 0.16 0.13 0.02 3.31
62 3.31 0.16 0.13 0.02 3.18
63 3.18 0.16 0.13 0.02 3.04
64 3.04 0.16 0.14 0.02 2.91
65 2.91 0.16 0.14 0.02 2.77
66 2.77 0.16 0.14 0.02 2.64
67 2.64 0.16 0.14 0.02 2.50
68 2.50 0.16 0.14 0.02 2.36
69 2.36 0.16 0.14 0.02 2.22
70 2.22 0.16 0.14 0.01 2.08
71 2.08 0.16 0.14 0.01 1.93
72 1.93 0.16 0.14 0.01 1.79
73 1.79 0.16 0.14 0.01 1.65
74 1.65 0.16 0.14 0.01 1.50
75 1.50 0.16 0.15 0.01 1.36
76 1.36 0.16 0.15 0.01 1.21
77 1.21 0.16 0.15 0.01 1.06
78 1.06 0.16 0.15 0.01 0.91
79 0.91 0.16 0.15 0.01 0.76
80 0.76 0.16 0.15 0.01 0.61
81 0.61 0.16 0.15 0.00 0.46
82 0.46 0.16 0.15 0.00 0.31
83 0.31 0.16 0.15 0.00 0.15
84 0.15 0.16 0.15 0.00 0.00

Total 13.09 10.00 3.09

 PRINCIPAL pv 10.00
RATE OF INTEREST rate 8.00%
TERM (TOTAL MONTHS nper 84
YEAR 5 max = 5
MONTHS 12

EMI YEARLY 1.87

0.76

0.67

0.57
0.46

0.34

0.22

0.08

3.09