PROJECT REPORT

OF

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
Growing of Flowers and Vegetables under Naturally ventilated
climate control
Under
"National Horticulture Mission"

BY

SPJV & Co.

Chartered Accountants
Opp. of Madhyanchal Gramin Bank,
Boda Bag Road, Civil Lines, Rewa-486001(M.P.)
Phone Number -07662-255248, 406853
www.spjvco.com

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
Cost of Project & Means of Finance
Particulars

Amount Rs.

1 Fixed Cost of Project

A) Land
(3 Acres)

81,01,200.00
8,50,000.00

B) PolyHouse
(4032 Sq Mtr@890/- per Sq Mtr)

35,88,480.00

C) ShedNet
(4032 Sq Mtr@710/- per Sq Mtr)

28,62,720.00

D) Boundry

3,50,000.00

E) Pump

1,50,000.00

F) Pack House

3,00,000.00

2 Working Capital
A) Rose

B) Capsicum/Tomato

Amount Rs.

22,82,112.00
17,17,632.00

5,64,480.00

Total

1,03,83,312.00

Own Contribution
(10% of Project Cost)]

10,38,655.20

Bank Borrowings
-Term Loan
-Cash Credit Limit

48,28,000.80
39,15,000.00
9,13,000.00

Subsidy
-Poly House (50% of the cost)
-Shednet (50% of the cost)
-Pack House
-Working capital (50% of the cost)

17,94,240.00
14,31,360.00
1,50,000.00
11,41,056.00

Total

45,16,656.00

1,03,83,312.00

Project at a Glance
Sr No

Particulars
1 Name

2 Constiution

Remarks

Anurag Polyhouse
Prop.- Anurag Dixit
Individual

3 Factory Address:

Rewa

4 Residential Address:

Rewa

5 Nature of Business

Growing of Flowers and Vegetables under Naturally

ventilated climate control

6 Project Descriptions

Setting a unit of Polyhouse and shadenet

7 Cost Of Project

Rs. 103.83, Lacs

8 Term Loan Required

Rs. 48.28, Lacs

9 Cash Credit Limit Required

Rs. 11.41, Lacs

10 Subsidy Receivable

Rs. 45.17, Lacs

11 Other Financials
Current Ratio

1.33 (For the First Year on Operation)

DSCR

2.01 (5 Year Average)

Projected Turnover

Rs. 49.92 Lacs (For the First Year on Operation),

Net Profit

Rs. 3.41 Lacs (For the First Year on Operation),

Gross working Capital

Rs. 23.21 (For the First Year on Operation)

11 Financial Consultants

SPJV & Co.

Chartered Accountants
Civil Lines, Boda Road, Rewa

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)

No of Labour Required
Skilled

Un skilled

Semi Skilled

Total No of Labour Required

15

Man Power Planning (Other than Direct Labour)

Admininstrative & Sales Staff

Manger
Marketing Executives

Average
Monthly
Salary

No of
Person
1
2

12000
10000

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)

Cost of construction of 2 polyhouses for 2016 Sq. metre floor Area each
Particulars

Amount
Rs.

Greenhouse construction with cladding with low density, polythene

film UV Stabilized shade net and structure.
Evaporative fan and cooling system, Exhaust fan, Polymer tank (2
tanks), Wood ash pad
Temperature controlling indicator, Digital Double set point for poly
house, pitz timer for poly house
Pack House
Pumps
Civil works (on contract basis)
Total

4030800
856000
1058400
300000
150000
856000
7251200

Statement showing cost of each component for cultivation of capsicum

Particulars

(Per Kg.)
Amount
Rs.
2.00
1.80
1.20
1.50
2.00
2.00
2.50
1.50
1.20
1.00
1.25
2.00
19.95
3.00
22.95

Soil Preparation
Topping
Training
Vegitable Thinning
Pollination
Irrigation
Harvesting
Cleaning and Grading
Packing
Cold Storage Structure
Electricity
Operation and Maintenance
Total Material Cost
Labour Charges
Total Direct Cost
Sales Value

35.00

Statement showing cost of each component for cultivation of Rose

Particulars
Soil preparation
Pesticides
Planting
Budding
Cutting/ Trimming
Defoliation and manure
Harvesting
Packing
Cold Storage Structure
Electricity
Operation and Maintenance
Total Material Cost
Labour Charges
Total Direct Cost
Sales Value

(Per Stem.)
Amount
Rs.
0.35
0.20
0.25
0.60
0.20
0.25
0.20
0.25
0.20
0.35
0.25
3.10
0.50
3.60
8.00

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
PROJECTED QUANTITY DETAIL WORKING
Particulars
Ist year
Production Capacity of Capsicum
plant( Per Month)
4,000
Production Capacity (per kg per
annum)
36,000

IInd Year

IIIrd Year

IVth Year

Vth year

VIth year

4,000

4,000

4,000

4,000

4,000

48,000

48,000

48,000

48,000

48,000

Production of Rose stems (per

month)

20,000

20,000

20,000

20,000

20,000

20,000

Production of Rose stems (per

annum)

6,00,000

6,00,000

6,00,000

6,00,000

6,00,000

6,00,000

Capacity Utilization

80%

Production at the above level of Capacity Utilisation

Capsicum
28,800
Rose
4,80,000
Selling Price
Capsicum
Rose

40.00
8.00

82%

84%

86%

88%

90%

39,360
4,92,000

40,320
5,04,000

41,280
5,16,000

42,240
5,28,000

43,200
5,40,000

42.00
8.40

44.10
8.82

46.31
9.26

48.62
10.00

51.05
10.80

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
PROJECTED PROFIT AND LOSS ACCOUNT
Particulars
Yield per annum (In Rs.)
Capsicum
Rose

Ist year

IInd Year

IIIrd Year

IVth Year

Vth year

VIth year

6,60,960
17,28,000

9,03,312
17,71,200

9,25,344
18,14,400

9,47,376
18,57,600

9,69,408
19,00,800

9,91,440
19,44,000

2,82,000
64,800
43,200
54,000
72,000
72,000
2,10,000
54,000
1,93,200
1,56,000
2,55,000
2,22,000
1,20,000
1,50,000
3,60,000
1,20,000
1,50,000
4,08,000

3,51,900
99,360
66,240
82,800
1,10,400
1,10,400
2,76,000
82,800
2,38,740
1,93,200
3,10,500
2,82,900
1,38,000
1,72,500
4,14,000
1,38,000
1,72,500
5,10,600

4,04,685
1,14,264
76,176
95,220
1,26,960
1,26,960
3,17,400
95,220
2,74,551
2,22,180
3,57,075
3,25,335
1,58,700
1,98,375
4,76,100
1,58,700
1,98,375
5,87,190

4,65,388
1,31,404
87,602
1,09,503
1,46,004
1,46,004
3,65,010
1,09,503
3,15,734
2,55,507
4,10,636
3,74,135
1,82,505
2,28,131
5,47,515
1,82,505
2,28,131
6,75,269

5,35,196
1,51,114
1,00,743
1,25,928
1,67,905
1,67,905
4,19,762
1,25,928
3,63,094
2,93,833
4,72,232
4,30,256
2,09,881
2,62,351
6,29,642
2,09,881
2,62,351
7,76,559

6,15,475
1,73,781
1,15,854
1,44,818
1,93,090
1,93,090
4,82,726
1,44,818
4,17,558
3,37,908
5,43,066
4,94,794
2,41,363
3,01,704
7,24,089
2,41,363
3,01,704
8,93,043

Total Direct Cost

29,86,200

37,50,840

43,13,466

49,60,486

57,04,559

65,60,243

Sales Value

49,92,000

61,79,520

71,10,432

81,89,642

94,41,522

1,08,94,478

Gross Margin

20,05,800

24,28,680

27,96,966

32,29,157

37,36,963

43,34,235

7,84,000
3,31,859
89,018
40,000
3,90,000
20,000

6,96,600
4,06,267
1,18,690
61,333
5,75,373
60,000

6,19,290
2,99,120
1,18,690
70,533
7,14,092
1,30,000

5,50,859
1,91,972
1,18,690
81,113
8,87,490
2,00,000

4,90,245
84,825
1,18,690
93,280
11,04,237
2,50,000

4,36,523
4,464
1,18,690
1,07,272
13,75,171
3,00,000

16,54,877

19,18,264

19,51,725

20,30,124

21,41,277

23,42,121

3,50,923

5,10,416

8,45,241

11,99,032

15,95,686

19,92,114

10,092

27,083

94,048

1,84,710

3,03,706

4,22,634

3,40,831

4,83,333

7,51,193

10,14,323

12,91,980

15,69,480

Yield Cost in Rs.

Soil Preparation
Topping
Training
Vegitable Thinning
Pollination
Irrigation
Harvesting
Cleaning and Grading
Packing
Cold Storage Structure
Electricity
Operation and Maintenance
Pesticides
Planting
Budding
Cutting/ Trimming
Defoliation and manure
Labour Charges

Depreciations
Bank Interest- Term Loan
Bank Interest- Cash Credit
Repair & Maintenance Expenses
Selling, Administrative Expenses
Other Expenses
Sub Total
Profit Before Tax
Income tax
Profit after Tax

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
PROJECTED BALANCE SHEETS AS ON 31st March.
LIABILTIES
CAPITAL ACCOUNT
Opening balance
Add: Introduced
Add: Profit
Less Drawings
Closing balance
SECURED LOAN
Applicant Bank- Term Loan
Applicant Bank -Cash Credit
Margin Money Loan
SUNDRY CREDITORS &
PROVISIONS
TOTAL
ASSETS

Ist year

IInd Year

IIIrd Year

IVth Year

Vth year

VIth year

13,39,486
40,64,990
4,83,333
2,90,000
55,97,810

55,97,810
4,51,666
7,51,193
3,40,000
64,60,668

64,60,668

70,84,991

78,66,971

10,38,655
3,40,831
40,000
13,39,486

10,14,323
3,90,000
70,84,991

12,91,980
5,10,000
78,66,971

15,69,480
7,60,000
86,76,450

35,02,895
9,13,000
40,64,990

26,78,684
9,13,000
4,51,666

18,54,474
9,13,000

10,30,263
9,13,000

2,06,053
9,13,000

9,13,000

11,589

14,462

16,631

19,126

21,994

25,294

98,31,960
Ist year

96,55,621
IInd Year

92,44,773
IIIrd Year

90,47,379
IVth Year

90,08,018
Vth year

96,14,744
VIth year

FIXED ASSETS

73,06,000

66,09,400

59,90,110

54,39,251

49,49,006

45,12,483

CUREENT ASSETS& LOANS

ADVANCES
Raw Material
Other Current Assets
Sundry Debtors

2,04,534
4,00,000
16,41,205

2,56,907
4,90,000
20,31,623

2,95,443
5,00,000
23,37,676

3,39,759
5,10,000
26,92,485

3,90,723
5,20,000
31,04,062

4,49,332
7,70,000
35,81,746

2,80,221

2,67,691

1,21,544

65,884

44,226

3,01,183

Cash & Bank Balances

TOTAL

98,31,960

96,55,621

92,44,773

90,47,379

90,08,018

96,14,744

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
Cash Flow Statement
Particulars
Cash Accruals
Net Profit before Tax & Interest
Capital Introduced
Depreciations
Increase in Current libailties
Increase in Long term Loans
Increse in Bank Cash Credit
Increse in Margin Money Loan
TOTAL INFLOW

Ist year

IInd Year

IIIrd Year

IVth Year

Vth year

VIth year

771800
1038655
784000
11589
3502895
913000
4064990
11086929

1035373

1263051

1509695

1799201

2115268

696600
2873

619290
2169

550859
2495

490245
2869

436523
3299

0
451666
2186512

1884510

2063048

2292314

2555091

8090000
0
2245740
0
420877
10092
40000
10806709

0
824211
532790
0
524957
27083
290000
2199041

0
824211
354589
0
417810
94048
340000
2030658

0
824211
409125
0
310662
184710
390000
2118708

0
824211
472541
0
203515
303706
510000
2313972

0
206053
786293
0
123154
422634
760000
2298134

280221

267691

121544

65884

44226

TOTAL INFLOW
Purchase of Fixed Assets
Decrease in long term loans
Increase in Current Assets
Increase in Other Current Assets
Interest
Taxations
Dividends/Drawings
TOTAL OUTFLOW
OPENING BALANCE
SURPLUS/DEFICIT

280221

-12529

-146148

-55660

-21657

256957

CLOSING BALANCE

280221

267691

121544

65884

44226

301183

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
PROJECTED CURRENT RATIO

Particulars
CURRENT ASSETS
Raw Material
Sundry Debtors
Other Current Assets
Cash & Bank Balances
Total

Ist year

IInd Year

IIIrd Year

IVth Year

Vth year

VIth year

2,04,534
16,41,205
4,00,000
2,80,221
23,21,426

2,56,907
20,31,623
4,90,000
2,67,691
27,89,314

2,95,443
23,37,676
5,00,000
1,21,544
29,59,220

3,39,759
26,92,485
5,10,000
65,884
32,68,369

3,90,723
31,04,062
5,20,000
44,226
36,68,288

4,49,332
35,81,746
7,70,000
3,01,183
46,52,929

11,589
8,24,211
9,13,000

14,462
8,24,211
9,13,000

16,631
8,24,211
9,13,000

19,126
8,24,211
9,13,000

21,994
2,06,053
9,13,000

25,294
9,13,000

17,48,800
23,21,426
5,72,627

17,51,672
27,89,314
10,37,642

17,53,841
29,59,220
12,05,378

17,56,336
32,68,369
15,12,033

11,41,047
36,68,288
25,27,241

9,38,294
46,52,929
37,14,636

1.33

1.59

1.69

1.86

3.21

4.96

Permissiable Finance

17,41,070

20,91,986

22,19,415

24,51,277

27,51,216

34,89,697

DEBT / Equity Ratio

0.82

0.59

0.43

0.27

0.14

0.11

CURRENT LIABILTIES
Sundry Creditors & Provisions
Term Loan-Next Year Installment
Applicant Bank -Cash Credit
TOTAL
Gross Working Capital
Net Working Capital

CURRENT RATIO

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)

Description of
Assets/ year
First Year
Land
Plant & Machinery
Building
Construction/Shed
Pack House
TOTAL
Second Year
Land
Plant & Machinery
Building
Pack House
TOTAL
Third Year
Land
Plant & Machinery
Building
Pack House
TOTAL
Fourth Year
Land
Plant & Machinery
Building
Pack House
TOTAL
Fifth Year
Land
Plant & Machinery
Building
Pack House
TOTAL
Sixth Year
Land
Plant & Machinery
Building
Pack House
TOTAL

Opening
WDV

Addition

Sale

Total

Rate of Dep.
Dep.
Amount

Closing
WDV

8,50,000
12,00,000

850000
1200000

0%
15%

0
180000

850000
1020000

57,40,000
3,00,000
80,90,000

5740000
300000
8090000

10%
10%

574000
30000
784000

5166000
270000
7306000

0%
15%
10%
10%

850000
1020000
5166000
270000
7306000

0
153000
516600
27000
696600

850000
867000
4649400
243000
6609400

0%
15%
10%
10%

850000
867000
4649400
243000
6609400

0
130050
464940
24300
619290

850000
736950
4184460
218700
5990110

0%
15%
10%
10%

850000
736950
4184460
218700
5990110

0
110543
418446
21870
550859

850000
626407
3766014
196830
5439251

0%
15%
10%
10%

850000
626407
3766014
196830
5439251

0
93961
376601
19683
490245

850000
532446
3389413
177147
4949006

0%
15%
10%
10%

850000
532446
3389413
177147
4949006

0
79867
338941
17715
436523

850000
452579
3050472
159432
4512483

850000
1020000
5166000
270000
7306000

850000
867000
4649400
243000
6609400

850000
736950
4184460
218700
5990110

850000
626407
3766014
196830
5439251

850000
532446
3389413
177147
4949006

0
0
0
0
0

Anurag Polyhouse
REPAYMENT SCHEDULE
Rate Of Interest
Basis
Interest applicability
Installments Frequency
Interest Repayment Frequency
Loan Amount
Installments
Interest Upto Starting of Restaurants
Tenor
mortatioum Period

Year

Month

Balance O/s

Year-1
Year-1
Year-1
Year-1
Year-1
Year-1
Year-1
Year-1
Year-1
Year-1
Year-1
Year-1

1
2
3
4
5
6
7
8
9

39,15,000
39,15,000
39,15,000
39,15,000
38,46,316
37,77,632
37,08,947
36,40,263
35,71,579

Year-3
Year-3
Year-3
Year-3
Year-3
Year-3
Year-3
Year-3
Year-3
Year-3
Year-3
Year-3

22
23
24
25
26
27
28
29
30
31
32
33

Year-5
Year-5
Year-5
Year-5
Year-5
Year-5
Year-5
Year-5
Year-5
Year-5
Year-5
Year-5

46
47
48
49
50
51
52
53
54
55
56
57

13.00%
Installments plus interest
Monthly basis
Monthly basis
Monthly basis
39,15,000
As Per Repayment Sheet
60 months
3 Months

Installment

Rate of Interest Interest

Rate of
Interest
Month Balance O/s Installme
Interest
nt

68,684
68,684
68,684
68,684
68,684
68,684

13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%

42,413
42,413
42,413
42,413
41,668
40,924
40,180
39,436
38,692

Year-2
Year-2
Year-2
Year-2
Year-2
Year-2
Year-2
Year-2
Year-2
Year-2
Year-2
Year-2

10
11
12
13
14
15
16
17
18
19
20
21

35,02,895
34,34,211
33,65,526
32,96,842
32,28,158
31,59,474
30,90,789
30,22,105
29,53,421
28,84,737
28,16,053
27,47,368

68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684

13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%

37,948
37,204
36,460
35,716
34,972
34,228
33,484
32,739
31,995
31,251
30,507
29,763

26,78,684
26,10,000
25,41,316
24,72,632
24,03,947
23,35,263
22,66,579
21,97,895
21,29,211
20,60,526
19,91,842
19,23,158

68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684

13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%

29,019
28,275
27,531
26,787
26,043
25,299
24,555
23,811
23,066
22,322
21,578
20,834

Year-4
Year-4
Year-4
Year-4
Year-4
Year-4
Year-4
Year-4
Year-4
Year-4
Year-4
Year-4

34
35
36
37
38
39
40
41
42
43
44
45

18,54,474
17,85,789
17,17,105
16,48,421
15,79,737
15,11,053
14,42,368
13,73,684
13,05,000
12,36,316
11,67,632
10,98,947

68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684

13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%

20,090
19,346
18,602
17,858
17,114
16,370
15,626
14,882
14,138
13,393
12,649
11,905

10,30,263
9,61,579
8,92,895
8,24,211
7,55,526
6,86,842
6,18,158
5,49,474
4,80,789
4,12,105
3,43,421
2,74,737

68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
68,684
2,06,053

13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%

11,161
10,417
9,673
8,929
8,185
7,441
6,697
5,953
5,209
4,464
3,720
2,976

Year-6
Year-6
Year-6

58
59
60

2,06,053
1,37,368
68,684

68,684
68,684
68,684

13.00%
13.00%
13.00%

2,232
1,488
744

Installment
4,12,105
8,24,211
8,24,211
8,24,211
8,24,211
2,06,053
39,15,000

interest
3,70,551
4,06,267
2,99,120
1,91,972
84,825
4,464
13,57,200

Summary
Year-1
Year-2
Year-3
Year-4
Year-5
Year-6
Total

Year

Total
7,82,657
12,30,478
11,23,330
10,16,183
9,09,036
2,10,517
52,72,200

4,464

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
DEBT SERVICE COVERAGE RATIO

Particulars

Ist year

IInd Year

IIIrd Year

IVth Year

Vth year

VIth year

Total

Installment Due
Interest on Loan

4,12,105
3,70,551

8,24,211
4,06,267

8,24,211
2,99,120

8,24,211
1,91,972

8,24,211
84,825

84,825
4,464

37,93,772
13,57,200

Total

7,82,657

12,30,478

11,23,330

10,16,183

9,09,036

89,289

51,50,972

Profit After Profit

Add:Interest on Term Loan
DEPRECIATIONS

3,40,831

4,83,333

7,51,193

10,14,323

12,91,980

15,69,480

54,51,139

3,31,859
7,84,000

4,06,267
6,96,600

2,99,120
6,19,290

1,91,972
5,50,859

84,825
4,90,245

4,464
4,36,523

13,18,508
35,77,517

14,56,690

15,86,200

16,69,603

17,57,154

18,67,050

20,10,467

1,03,47,164

TOTAL

DSCR
Average DSCR

1.86

1.29

1.49
2.01

1.73

2.05

22.52

2.01

Anurag Polyhouse
Prop.- Anurag Dixit
Dist:- Rewa - 486001 (M.P.)
Variable Cost

Selling, Administrative
Expenses

Ist year

IInd Year

IIIrd Year

IVth Year

Vth year

VIth year

Tours & Travelling Expense

Printing & Stationary
Advertisement Expenses
Communication Expenses
Misc Expenses

6,000.00
3,500.00
15,000.00
12,000.00
45,000.00

10,000.00
5,833.33
25,000.00
20,000.00
75,000.00

12,500.00
7,291.67
31,250.00
25,000.00
93,750.00

15,625.00
9,114.58
39,062.50
31,250.00
1,17,187.50

19,531.25
11,393.23
48,828.13
39,062.50
1,46,484.38

24,414.06
14,241.54
61,035.16
48,828.13
1,83,105.47

Total

81,500.00

1,35,833.33

1,69,791.67

2,12,239.58

2,65,299.48

3,31,624.35

Salary Expenses

Ist year

IInd Year

IIIrd Year

IVth Year

Vth year

VIth year

Manger
Marketing Executives

1,08,000.00
1,80,000.00

1,49,040.00
2,70,000.00

1,86,300.00
3,37,500.00

2,32,875.00
4,21,875.00

2,91,093.75
5,27,343.75

3,63,867.19
6,59,179.69

Total

2,88,000.00

4,19,040.00

5,23,800.00

6,54,750.00

8,18,437.50

10,23,046.88

4,000.00
5,000.00
2,500.00
1,000.00
8,000.00
20,500.00

4,000.00
5,000.00
2,500.00
1,000.00
8,000.00
20,500.00

4,000.00
5,000.00
2,500.00
1,000.00
8,000.00
20,500.00

4,000.00
5,000.00
2,500.00
1,000.00
8,000.00
20,500.00

4,000.00
5,000.00
2,500.00
1,000.00
8,000.00
20,500.00

4,000.00
5,000.00
2,500.00
1,000.00
8,000.00
20,500.00

3,90,000.00

5,75,373.33

7,14,091.67

8,87,489.58

11,04,236.98

13,75,171.22

Fixed Costs
Insurance
Accounting & Legal Fees
Professional Tax
Bank Charges ( For Processing )
Audit Fees
Total

Gross Total

** Increase in expenses @15% per annum has been assumed