-1-

GARE GROUP OF INDUSTRIS

Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104
Activity of the Unit: Manufacturing of Plastic Products (i.e Water Tank, Milk Can..etc)
PROJECT REPORT

COST OF PROJECT AMOUNT

CAPITAL EXPENDITURE
Working Shed 0
Land 0
Machinery & Equipments 0

Sub Total 0

Working capital 10,00,000

Sub Total 10,00,000

Total Cost of Project 10,00,000

SOURCES OF FUNDS

Own Capital 0

Cash Credit From Bank (Rate of Interest @ 12.05% per annuam) 10,00,000

10,00,000
 -2-
PROJECT REPORT
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104
Projected Profitability Statement

Particulars Projected
2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31

Income
Total Sales 85,88,963 1,03,06,755.60 1,23,68,107 1,48,41,728.06 1,78,10,074 2,13,72,088.41 2,56,46,506
Direct Income - - - - - - -
Closing Stock 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859 53,85,766
Total Income (A) 1,06,50,314 1,28,83,445 1,53,36,452 1,84,03,743 2,19,06,391 2,60,73,948 3,10,32,272
Expenditure
Opening Stock 9,48,669 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859
Purchases of Raw Materials 81,59,515 90,69,945 1,07,60,253 1,29,12,303 1,53,16,663 1,83,79,996 2,20,55,995
Telephone & Mobile Expenses 7,188 7,907 8,697 9,567 10,524 11,576 12,734
Power & Fuel 38,920 42,812 47,093 51,803 56,983 62,681 68,949
Loan Processing Fees - -
Hamali 80,370 88,407 97,248 1,06,972 1,17,670 1,29,437 1,42,380
Repairs & Maintenance 14,521 15,973 17,570 19,327 21,260 23,386 25,725
Salary & Wages 1,02,000 1,07,100 1,17,810 1,29,591 1,42,550 1,56,805 1,72,486
Shop Rent - - - - - - -
Travelling & Conveyance 15,366 16,903 25,354 38,031 57,046 85,569 1,28,354
Other Expenses 28,720 31,592 34,751 38,226 42,049 46,254 50,879
Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 2,27,593 1,93,980 1,20,216
Interest on Cash Credit 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750
Total Expenditure (B) 98,97,097 1,18,89,808 1,40,93,808 1,66,48,897 1,97,35,103 2,33,66,752 2,76,60,328

Net Profit 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944

- - - - - - -

Net Profit After Tax 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Add back Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 2,27,593 1,93,980 1,20,216

Cash Accruals 10,74,295 12,60,705 14,70,237 19,48,826 23,98,881 29,01,176 34,92,160

- - - - - - -
Net Cash Accruals 10,74,295 12,60,705 14,70,237 19,48,826 23,98,881 29,01,176 34,92,160

Net Profit Ratio % 8.77 9.64 10.05 11.82 12.19 12.67 13.15
Cash Profit Ratio % 10.09 9.79 9.59 10.59 10.95 11.13 11.25
Current Ratio 1.02 1.83 2.10 2.41 2.20 2.02 1.85
TOL / TNW 1.76 1.83 2.10 2.41 2.20 2.02 1.85

Notes & Assumptions

1. Sales are assumed to be increase by 120% in every finacial year. 2. All Expenses are assumed on the basis of sales
 -3-
PROJECT REPORT
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104

Projected Balance Sheet

Particulars Projected
2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31

LIABILITIES
Capital Account 17,42,101 22,55,318 29,85,247 39,37,491 53,72,471 71,92,194 95,12,313
Capital introduced - - - - - -
Interest & Remuneration - - - - - - -
Profit & Loss Account 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Less: Drawings 2,40,000 2,64,000 2,90,400 3,19,866 3,51,565 3,87,077 4,25,650
Net Capital 22,55,318 29,84,955 39,37,491 53,72,471 71,92,194 95,12,313 1,24,58,607

Secured Loans
Term Loan from Bank - - - - - - -
Unsecured Laons 34,20,551 14,38,713 - - - - -
Bank O/D /Cash Credit 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
Sundry Creditors & Current Libilities 10,58,082 13,22,601.95 16,66,478.46 20,99,762.86 23,09,739.14 25,40,713.06 27,94,784.36

TOTAL 77,33,951 67,46,270 66,03,970 84,72,234 1,05,01,933 1,30,53,026 1,62,53,392

ASSETS
Fabrication Shed - - - - - - -
Machinery & Equipments 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916
Computers & Softwares - - - - - - -
Furniture & Fixtures 1,37,604 1,37,604 1,37,604 1,37,604 1,37,604 1,37,604 1,37,604
Total Cost (Book Value) 21,40,520 21,40,520 21,40,520 21,40,520 21,40,520 21,40,520 21,40,520
Less: Accumulated Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 1,65,357 1,40,980 1,20,216
W.D.V 18,19,442 18,73,452 19,12,927 19,46,540 19,75,163 19,99,540 20,20,304

Receivables / Debtors 6,01,227 7,21,473 7,93,620 8,72,982 10,47,579 12,57,094 15,08,513

Closing Stock 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859 53,85,766
Other Assets - -
Investments & Deposits 3,00,000 3,30,000 6,60,000 10,23,000 7,69,230 11,43,153 15,54,468
Cash & Bank Balances 29,51,930 12,44,656 2,69,077 10,67,697 26,13,645 39,51,379 57,84,341

TOTAL 77,33,951 67,46,270 66,03,970 84,72,234 1,05,01,934 1,30,53,026 1,62,53,392

Notes
1. 20% of Annual Sales is considedred to be in stock every year.
 -4-
PROJECT REPORT
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104

Projected Cash Flow Statement

Particulars
1st 2nd 3rd 4th 5th 6th 7th

Sources of Funds
Net Profit (After Interest & before tax) 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Add : Total Sales 85,88,963 1,03,06,756 1,23,68,107 1,48,41,728 1,78,10,074 2,13,72,088 2,56,46,506
Less: Sales 85,88,963 1,03,06,756 1,23,68,107 1,48,41,728 1,78,10,074 2,13,72,088 2,56,46,506
7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Add: Expenses incurred 9,48,669 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859
(other than depreciation and interest) - - - - - - -
Less: Expenses paid 9,48,669 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859
Net Operational Cash Flows 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 2,27,593 1,93,980 1,20,216
Capital introduced - - 3,30,427 18,11,197 24,39,989 18,93,432 19,82,225
Loans & Advances 34,20,551 - - - - - -
Cash Credit Loan from Bank 10,00,000 - - - - - -
Increase in sundry creditors - 2,64,520 3,43,877 4,33,284 2,09,976 2,30,974 2,54,071

TOTAL 54,94,846 15,25,225 21,44,540 41,93,307 50,48,846 50,25,582 57,28,457

Application of Funds
Fabrication Shed - - - - - - -
Machinery & Equipments 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916
Decrease In Creditors - - - - - - -
Electrical Installations
Furniture & Fixtures - - - - - - -
Term Loan Repayment - - - - - - -
Increase in Other Current Assets - - - - - - -
Increase in Receivables - 1,20,245 72,147 79,362 1,74,596 2,09,516 2,51,419
Increase in Closing Stock - 5,15,338 3,91,657 5,93,669 5,34,302 6,05,543 6,83,907
Investments & Deposits 3,00,000 3,30,000 3,63,000 3,99,300 4,39,230 4,83,153 5,31,468
Withdrawals 2,40,000 2,64,000 2,90,400 3,19,440 3,51,853 3,86,721 4,25,785

TOTAL 25,42,916 32,32,499 31,20,120 33,94,687 35,02,898 36,87,848 38,95,495

Cash Accruals
Opening Balance - 29,51,930 12,44,656 2,69,077 10,67,697 26,13,645 39,51,379
Net Transactions during the year 29,51,930 (17,07,274) (9,75,580) 7,98,620 15,45,948 13,37,734 18,32,962
Closing Cash & Bank Balance 29,51,930 12,44,656 2,69,077 10,67,697 26,13,645 39,51,379 57,84,341
 -5-
PROJECT REPORT
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104

Schedule of Depreciation

Particulars Projected
1st 2nd 3rd 4th 5th 6th 7th

Fabrication Shed @10% - - - - - - -

Machinery & Equipments@15% 3,00,437 2,55,372 2,17,066 1,84,506 1,56,830 1,33,306 1,13,310
Computers & Softwares @40% - - - - - - -
Furniture & Fixtures @10% 20,641 11,696 10,527 9,474 8,527 7,674 6,907

TOTAL 3,21,078 2,67,068 2,27,593 1,93,980 1,65,357 1,40,980 1,20,216

DSCR Calculation

Particulars Projected
1st 2nd 3rd 4th 5th 6th 7th

Profit After Tax 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944

Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 1,65,357 1,40,980 1,20,216

Interest on Cash Credit 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750
Interest on Term Loan - - - - - - -

TOTAL 12,55,045 14,41,455 16,50,987 21,29,576 25,17,395 30,28,926 36,72,910

Interest 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750

Repayment Obligation - - - - - - -

TOTAL 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750

DSCR 6.94 7.97 9.13 11.78 13.93 16.76 20.32

Average DSCR 12.40

Note - 12.05% annual interest rate is considered while calculating Interest on Cash Credit.
 -1-
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104
Activity of the Unit: Manufacturing of Plastic Products (i.e Water Tank, Milk Can..etc)
PROJECT REPORT

COST OF PROJECT AMOUNT

CAPITAL EXPENDITURE
Working Shed 0
Land 0
Machinery & Equipments 0

Sub Total 0

Working capital 10,00,000

Sub Total 10,00,000

Total Cost of Project 10,00,000

SOURCES OF FUNDS

Own Capital 0

Cash Credit From Bank (Rate of Interest @ 12.05% per annuam) 10,00,000

10,00,000
 -2-
PROJECT REPORT
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104
Projected Profitability Statement

Particulars Projected
2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31

Income
Total Sales 85,88,963 1,03,06,755.60 1,23,68,107 1,48,41,728.06 1,78,10,074 2,13,72,088.41 2,56,46,506
Direct Income - - - - - - -
Closing Stock 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859 53,85,766
Total Income (A) 1,06,50,314 1,28,83,445 1,53,36,452 1,84,03,743 2,19,06,391 2,60,73,948 3,10,32,272
Expenditure
Opening Stock 9,48,669 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859
Purchases of Raw Materials 81,59,515 90,69,945 1,07,60,253 1,29,12,303 1,53,16,663 1,83,79,996 2,20,55,995
Telephone & Mobile Expenses 7,188 7,907 8,697 9,567 10,524 11,576 12,734
Power & Fuel 38,920 42,812 47,093 51,803 56,983 62,681 68,949
Loan Processing Fees - -
Hamali 80,370 88,407 97,248 1,06,972 1,17,670 1,29,437 1,42,380
Repairs & Maintenance 14,521 15,973 17,570 19,327 21,260 23,386 25,725
Salary & Wages 1,02,000 1,07,100 1,17,810 1,29,591 1,42,550 1,56,805 1,72,486
Shop Rent - - - - - - -
Travelling & Conveyance 15,366 16,903 25,354 38,031 57,046 85,569 1,28,354
Other Expenses 28,720 31,592 34,751 38,226 42,049 46,254 50,879
Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 2,27,593 1,93,980 1,20,216
Interest on Cash Credit 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750
Total Expenditure (B) 98,97,097 1,18,89,808 1,40,93,808 1,66,48,897 1,97,35,103 2,33,66,752 2,76,60,328

Net Profit 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944

- - - - - - -

Net Profit After Tax 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Add back Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 2,27,593 1,93,980 1,20,216

Cash Accruals 10,74,295 12,60,705 14,70,237 19,48,826 23,98,881 29,01,176 34,92,160

- - - - - - -
Net Cash Accruals 10,74,295 12,60,705 14,70,237 19,48,826 23,98,881 29,01,176 34,92,160

Net Profit Ratio % 8.77 9.64 10.05 11.82 12.19 12.67 13.15
Cash Profit Ratio % 10.09 9.79 9.59 10.59 10.95 11.13 11.25
Current Ratio 1.02 1.83 2.10 2.41 2.20 2.02 1.85
TOL / TNW 1.76 1.83 2.10 2.41 2.20 2.02 1.85

Notes & Assumptions

1. Sales are assumed to be increase by 120% in every finacial year. 2. All Expenses are assumed on the basis of sales
 -3-
PROJECT REPORT
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104

Projected Balance Sheet

Particulars Projected
2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31

LIABILITIES
Capital Account 17,42,101 22,55,318 29,85,247 39,37,491 53,72,471 71,92,194 95,12,313
Capital introduced - - - - - -
Interest & Remuneration - - - - - - -
Profit & Loss Account 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Less: Drawings 2,40,000 2,64,000 2,90,400 3,19,866 3,51,565 3,87,077 4,25,650
Net Capital 22,55,318 29,84,955 39,37,491 53,72,471 71,92,194 95,12,313 1,24,58,607

Secured Loans
Term Loan from Bank - - - - - - -
Unsecured Laons 34,20,551 14,38,713 - - - - -
Bank O/D /Cash Credit 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
Sundry Creditors & Current Libilities 10,58,082 13,22,601.95 16,66,478.46 20,99,762.86 23,09,739.14 25,40,713.06 27,94,784.36

TOTAL 77,33,951 67,46,270 66,03,970 84,72,234 1,05,01,933 1,30,53,026 1,62,53,392

ASSETS
Fabrication Shed - - - - - - -
Machinery & Equipments 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916
Computers & Softwares - - - - - - -
Furniture & Fixtures 1,37,604 1,37,604 1,37,604 1,37,604 1,37,604 1,37,604 1,37,604
Total Cost (Book Value) 21,40,520 21,40,520 21,40,520 21,40,520 21,40,520 21,40,520 21,40,520
Less: Accumulated Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 1,65,357 1,40,980 1,20,216
W.D.V 18,19,442 18,73,452 19,12,927 19,46,540 19,75,163 19,99,540 20,20,304

Receivables / Debtors 6,01,227 7,21,473 7,93,620 8,72,982 10,47,579 12,57,094 15,08,513

Closing Stock 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859 53,85,766
Other Assets - -
Investments & Deposits 3,00,000 3,30,000 6,60,000 10,23,000 7,69,230 11,43,153 15,54,468
Cash & Bank Balances 29,51,930 12,44,656 2,69,077 10,67,697 26,13,645 39,51,379 57,84,341

TOTAL 77,33,951 67,46,270 66,03,970 84,72,234 1,05,01,934 1,30,53,026 1,62,53,392

Notes
1. 20% of Annual Sales is considedred to be in stock every year.
 -4-
PROJECT REPORT
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104

Projected Cash Flow Statement

Particulars
1st 2nd 3rd 4th 5th 6th 7th

Sources of Funds
Net Profit (After Interest & before tax) 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Add : Total Sales 85,88,963 1,03,06,756 1,23,68,107 1,48,41,728 1,78,10,074 2,13,72,088 2,56,46,506
Less: Sales 85,88,963 1,03,06,756 1,23,68,107 1,48,41,728 1,78,10,074 2,13,72,088 2,56,46,506
7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Add: Expenses incurred 9,48,669 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859
(other than depreciation and interest) - - - - - - -
Less: Expenses paid 9,48,669 20,61,351 25,76,689 29,68,346 35,62,015 40,96,317 47,01,859
Net Operational Cash Flows 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944
Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 2,27,593 1,93,980 1,20,216
Capital introduced - - 3,30,427 18,11,197 24,39,989 18,93,432 19,82,225
Loans & Advances 34,20,551 - - - - - -
Cash Credit Loan from Bank 10,00,000 - - - - - -
Increase in sundry creditors - 2,64,520 3,43,877 4,33,284 2,09,976 2,30,974 2,54,071

TOTAL 54,94,846 15,25,225 21,44,540 41,93,307 50,48,846 50,25,582 57,28,457

Application of Funds
Fabrication Shed - - - - - - -
Machinery & Equipments 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916 20,02,916
Decrease In Creditors - - - - - - -
Electrical Installations
Furniture & Fixtures - - - - - - -
Term Loan Repayment - - - - - - -
Increase in Other Current Assets - - - - - - -
Increase in Receivables - 1,20,245 72,147 79,362 1,74,596 2,09,516 2,51,419
Increase in Closing Stock - 5,15,338 3,91,657 5,93,669 5,34,302 6,05,543 6,83,907
Investments & Deposits 3,00,000 3,30,000 3,63,000 3,99,300 4,39,230 4,83,153 5,31,468
Withdrawals 2,40,000 2,64,000 2,90,400 3,19,440 3,51,853 3,86,721 4,25,785

TOTAL 25,42,916 32,32,499 31,20,120 33,94,687 35,02,898 36,87,848 38,95,495

Cash Accruals
Opening Balance - 29,51,930 12,44,656 2,69,077 10,67,697 26,13,645 39,51,379
Net Transactions during the year 29,51,930 (17,07,274) (9,75,580) 7,98,620 15,45,948 13,37,734 18,32,962
Closing Cash & Bank Balance 29,51,930 12,44,656 2,69,077 10,67,697 26,13,645 39,51,379 57,84,341
 -5-
PROJECT REPORT
GARE GROUP OF INDUSTRIS
Prop :- MR. KRUSHNA SUNIL GARE
ADDRESS:630/1/1/2/2/20, A/P RAHUD, CHANDWAD, NASHIK-423104

Schedule of Depreciation

Particulars Projected
1st 2nd 3rd 4th 5th 6th 7th

Fabrication Shed @10% - - - - - - -

Machinery & Equipments@15% 3,00,437 2,55,372 2,17,066 1,84,506 1,56,830 1,33,306 1,13,310
Computers & Softwares @40% - - - - - - -
Furniture & Fixtures @10% 20,641 11,696 10,527 9,474 8,527 7,674 6,907

TOTAL 3,21,078 2,67,068 2,27,593 1,93,980 1,65,357 1,40,980 1,20,216

DSCR Calculation

Particulars Projected
1st 2nd 3rd 4th 5th 6th 7th

Profit After Tax 7,53,217 9,93,637 12,42,644 17,54,846 21,71,288 27,07,196 33,71,944

Depreciation 3,21,078 2,67,068 2,27,593 1,93,980 1,65,357 1,40,980 1,20,216

Interest on Cash Credit 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750
Interest on Term Loan - - - - - - -

TOTAL 12,55,045 14,41,455 16,50,987 21,29,576 25,17,395 30,28,926 36,72,910

Interest 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750

Repayment Obligation - - - - - - -

TOTAL 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750 1,80,750

DSCR 6.94 7.97 9.13 11.78 13.93 16.76 20.32

Average DSCR 12.40

Note - 12.05% annual interest rate is considered while calculating Interest on Cash Credit.