Name : CHANDER MOHAN Status : Individual

ASSESSMENT OF WORKING CAPITAL REQUIREMENTS

OPERATING STATEMENT
Amounts in : Lakhs
2017-2018 2018-2019 2019-2020 2020-2021
Particulars Un-Audited Provisional Projected Projected
1. Gross Sales
(i) Domestic sales 73.27 97.11 120.00 150.00
(ii) Export Sales 0.00 0.00 0.00 0.00
(iii)Add other revenue income 0.00 0.00 0.00 0.00
Total 73.27 97.11 120.00 150.00

2. Less excise duty 0.00 0.00 0.00 0.00

Deduct other items 0.00 0.00 0.00 0.00
3. Net Sales(item 1 - item 2) 73.27 97.11 120.00 150.00

4. % age rise (+) or fall (-) in net sales 0.00 32.54 23.57 25.00

5. Cost of Sales
(i)Raw Material 56.10 76.27 94.09 120.24

(a) Imported 0.00 0.00 0.00 0.00

(b) Indigenous 56.10 76.27 94.09 120.24
(ii) Other Consumables 0.00 0.00 0.00 0.00

(a) Imported 0.00 0.00 0.00 0.00

(b) Indigenous 0.00 0.00 0.00 0.00
(iii) Packing Material 0.00 0.00 0.00 0.00

(a) Imported 0.00 0.00 0.00 0.00

(b) Indigenous 0.00 0.00 0.00 0.00
(iv) Power and Fuel 0.13 0.26 0.30 0.34
(v) Direct Labour 9.48 9.42 12.30 13.50
(vi) Other mfg. expenses 0.75 1.25 1.42 1.53
(vii) Depriciation 0.50 0.71 0.60 0.51
(viii) Sub Total (i to vii) 66.96 87.91 108.71 136.12

(ix) Add:Opening stocks-in-Process 0.00 0.00 0.00 0.00

Sub Total 66.96 87.91 108.71 136.12

(x) Deduct:Closing stocks-in-Process 0.00 0.00 0.00 0.00

(xi) Cost of Production 66.96 87.91 108.71 136.12

(xii) Add : Opening Stock of Finished

Goods 0.09 0.14 0.12 0.18
Sub Total 67.05 88.05 108.83 136.30
(xiii) Deduct:Closing stocks of Finished
Goods 0.14 0.12 0.18 0.23
Sub-Total (Total Cost of Sales) 66.91 87.93 108.65 136.07

6. Selling, general and administrative

exp. 0.00 0.47 0.66 0.68

7. Sub Total (5+6)(Total Cost of Sales) 66.91 88.40 109.31 136.75

8. Operating Profit befor Interest(3-7) 6.36 8.71 10.69 13.25

9. Interest 0.00 0.74 0.84 0.94

10. Operating profit after interest (8-9) 6.36 7.97 9.85 12.31

11. (i) Add other non-operating income

(a) 0.00 0.00 0.00 0.00
(b) 0.00 0.00 0.00 0.00
(c) 0.00 0.00 0.00 0.00
(d) 0.00 0.00 0.00 0.00
I - Sub Total (Income) 0.00 0.00 0.00 0.00

(ii) Deduct other non-operation expenses

(a) 0.00 0.00 0.00 0.00
(b) 0.00 0.00 0.00 0.00
(c) 0.00 0.00 0.00 0.00
(d) 0.00 0.00 0.00 0.00
II - Sub Total(expenses) 0.00 0.00 0.00 0.00

III - Net of other non-operation

income/exp. (I - II) 0.00 0.00 0.00 0.00

12. Profit before tax 6.36 7.97 9.85 12.31

[10+11(iii)]
13. Provision for taxes 0.00 0.00 0.00 0.00

Current 0.00 0.00 0.00 0.00

Deferred 0.00 0.00 0.00 0.00
14. Net Profit/loss (12-13) 6.36 7.97 9.85 12.31

15. (a) Equity dividend paid- amount 0.00 0.00 0.00 0.00
(b) Dividend Rate (in %) 0.00 0.00 0.00 0.00
16. Retained Profit 6.36 7.97 9.85 12.31

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

Name : CHANDER MOHAN Status : Individual

ANALYSIS OF BALANCE SHEET

Amounts in : Lakhs
2017-2018 2018-2019 2019-2020 2020-2021
Particulars Un-Audited Provisional Projected Projected
CURRENT LIABILITIES
1. Short-term Borrowing from Banks
(i) From Applicant Bank 0.00 10.00 10.00 10.00
(ii) From Other Banks 0.00 0.00 0.00 0.00
(iii) (of which OCC discount) 0.00 0.00 0.00 0.00
Sub Total(A) 0.00 10.00 10.00 10.00

2. Short Term Borrowings from Others 0.00 0.00 0.00 0.00

3. Sundry Creditor (Trade) 5.31 8.94 7.70 8.21

4. Advance payments from customers/

deposits from dealers 0.00 0.00 0.00 0.00

5. Provision for taxation 0.00 0.00 0.00 0.00

6. Dividend payable 0.00 0.00 0.00 0.00

7. Other statutory liabilities (due within

one year) 0.00 0.00 0.00 0.00

8. Deposits/Instalments of term loans

(due within one year) 0.00 0.00 0.00 0.00

9. Other current liabilities

(a) Other Provision 1.48 4.37 5.24 5.85
(b) 0.00 0.00 0.00 0.00
(c) 0.00 0.00 0.00 0.00
(d) 0.00 0.00 0.00 0.00

Sub Total (B) 6.79 13.31 12.94 14.06

10. TOTAL CURRENT LIABILITIES 6.79 23.31 22.94 24.06

TERM LIABILITIES
6.79 23.31 22.94 24.06
11.Debentures 0.00 0.00 0.00 0.00

12.Preference shares 0.00 0.00 0.00 0.00

13.Term loans(excld instalments payable

within one year) 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
14.Deferred Payment Credits 0.00 0.00 0.00 0.00

15.Long Term Advances (repayable after

one year) 0.00 0.00 0.00 0.00

16.Other term liabilities 0.00 0.00 0.00 0.00

17. TOTAL TERM LIABILITIES 0.00 0.00 0.00 0.00

18. TOTAL OUTSIDE LIABILITIES

[10+17] 6.79 23.31 22.94 24.06

NET WORTH

19. Capital 7.41 9.41 12.76 16.58

20.General Reserves 0.00 0.00 0.00 0.00

21.Share application money 0.00 0.00 0.00 0.00

22.Other reserves (subsidy) 0.00 0.00 0.00 0.00

23.Surplus or deficit in Profit and loss A/c 0.00 0.00 0.00 0.00

23a.Others (specify) (Deferred tax

liability) 0.00 0.00 0.00 0.00

24. NET WORTH 7.41 9.41 12.76 16.58

25. TOTAL LIABILITIES 14.20 32.72 35.70 40.64

CURRENT ASSETS

26.Cash and bank balances 2.86 3.24 3.50 3.90

27. Investments (other than long term

inverstments) 0.00 0.00 0.00 0.00
(i) Government and other Trustee
Securities 0.00 0.00 0.00 0.00
(ii)Fixed deposits with Banks 0.00 0.00 0.00 0.00

28.(i) Receivables (Debtors < 6 months)

other than deferred and exports(including
bills purchased and discounted by banks) 8.26 25.24 28.50 33.50
(ii)Export receivables((including bills
purchased and discounted by banks) 0.00 0.00 0.00 0.00

29. Instalments of deferred re-

ceivables(due within one year) 0.00 0.00 0.00 0.00

30. Inventory 0.14 0.12 0.18 0.23

(i) Raw Materials(including stores and
other items used in the process of
manufacture)
a) Imported 0.00 0.00 0.00 0.00
b) Indigenous 0.00 0.00 0.00 0.00
(ii) Stocks-in-Process 0.00 0.00 0.00 0.00
(iii) Finished Goods 0.14 0.12 0.18 0.23
(iv) Other Consumables
a) Imported 0.00 0.00 0.00 0.00
b) Indigenous 0.00 0.00 0.00 0.00
(iv) Packing Material
a) Imported 0.00 0.00 0.00 0.00
b) Indigenous 0.00 0.00 0.00 0.00

31.Advances to suppliers of raw material,

stores and expenses. 0.00 0.00 0.00 0.00
32.Advance payment of taxes 0.00 0.00 0.00 0.00

33. Other current Assets 0.00 0.00 0.00 0.00

(a) Excise deposits 0.00 0.00 0.00 0.00
(b) Int. receivable 0.00 0.00 0.00 0.00
(C) Misc. 0.00 0.00 0.00 0.00

34. TOTAL CURRENT ASSETS

[total of 26 to 33] 11.26 28.60 32.18 37.63

FIXED ASSETS
35.Gross Block 3.44 4.83 4.12 3.52
36.Depreciation to date 0.50 0.71 0.60 0.51
37. NET BLOCK [35-36] 2.94 4.12 3.52 3.01

OTHER NON-CURRENT ASSETS

38. Investments/book
debts/advances/deposits which are
not Current Assets
(i) a)Investments in subsidiary
companies/affiliates 0.00 0.00 0.00 0.00
b)others 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
(iii)Deferred receivables (maturity
exceeding one yr) 0.00 0.00 0.00 0.00
(iv)others
(a) Debtors > 6 months 0.00 0.00 0.00 0.00
(b) security deposit 0.00 0.00 0.00 0.00

39.Non-consumables stores and

spares 0.00 0.00 0.00 0.00
40.Other non-current assets 0.00 0.00 0.00 0.00

41. TOTAL OTHER NON-CURRENT

ASSETS 0.00 0.00 0.00 0.00

42. Intangible assets(patents,

goodwill,prelim. expenses,
bad/doubtful exp.not provided for,
etc.) 0.00 0.00 0.00 0.00

43. TOTAL ASSETS [34+37+41+42] 14.20 32.72 35.70 40.64

44. TANGIBLE NET WORTH [24-42] 7.41 9.41 12.76 16.58

45. NET WORKING CAPITAL 4.47 5.29 9.24 13.57

[(17+24)-(37+41+42)] 0.00 0.00 0.00 0.00

46. Current Ratio 1.66 1.23 1.40 1.56

47. Total Outside Liabilities/Tangible

Net Worth 0.92 2.48 1.80 1.45

48. Total Term Liabilities/Tangible Net

Worth 0.00 0.00 0.00 0.00

Difference [25-43] 0.00 0.00 0.00 0.00

Name : CHANDER MOHAN Status : Individual

COMPARATIVE STATEMENT OF
CURRENT ASSETS & CURRENT LIABILITIES
Amounts in : Lakhs
2017-2018 2018-2019 2019-2020 2020-2021
Particulars Un-Audited Provisional Projected Projected
A. CURRENT ASSETS

1. Raw Materials(including stores and

other used in the process of mfg)
(a) Imported
Amount 0.00 0.00 0.00 0.00
Month's Consumption
(b) Indigenous :
Amount 0.00 0.00 0.00 0.00
Month's Consumption 0.00 0.00 0.00 0.00

2. Other Consumables
(a) Imported
Amount 0.00 0.00 0.00 0.00
Month's Consumption
(b) Indigenous :
Amount 0.00 0.00 0.00 0.00
Month's Consumption

3. Packing Material
(a) Imported
Amount 0.00 0.00 0.00 0.00
Month's Consumption
(b) Indigenous :
Amount 0.00 0.00 0.00 0.00
Month's Consumption

4. Stocks-in-process
Amount 0.00 0.00 0.00 0.00
Month's Cost of Production 0.00 0.00 0.00 0.00

5. Finished goods:
Amount 0.14 0.12 0.18 0.23
Month's Cost of Sales 0.03 0.02 0.02 0.02
0.03 0.02 0.02 0.02
6. Receivables other than export and
deferred receivables(including bill
purchased and discounted by banks)
Amount 8.26 25.24 28.50 33.50
Month's Domestic Sales 1.35 3.12 2.85 2.68

7. Export receivables(include bill

purchased and discount)
Amount 1.35 3.12 2.85 2.68
Month's Export Sales

8. Advances to Supplier 0.00 0.00 0.00 0.00

9. Other Current Assets (specify major

Items) 2.86 3.24 3.50 3.90
Cash and Bank Balance 2.86 3.24 3.50 3.90
Investment except long term 0.00 0.00 0.00 0.00
Installment of Deferred receivables 0.00 0.00 0.00 0.00
Advance Payment of Taxes 0.00 0.00 0.00 0.00
Other 0.00 0.00 0.00 0.00
10. TOTAL CURRENT ASSETS 11.26 28.60 32.18 37.63

B. CURRENT LIABILITIES
(Other than bank borrowings for WC)

11. Creditors for purchase of raw

materials, stores and consumable spares
Amount 5.31 8.94 7.70 8.21
Month's Purchase 1.14 1.41 0.98 0.82

12. Advance from Customers/ SD 0.00 0.00 0.00 0.00

13. Statutory liabilities 0.00 0.00 0.00 0.00

14. Other Current liabilities-specify major

items
(a) S.T. borrowings others 0.00 0.00 0.00 0.00
(b) Divident Payable 0.00 0.00 0.00 0.00
(c) Installment of TL,DGP and Public
Deposits 0.00 0.00 0.00 0.00
(d) Other
(a) Other Provision 1.48 4.37 5.24 5.85
(b) 0.00 0.00 0.00 0.00
(c) 0.00 0.00 0.00 0.00
(d) 0.00 0.00 0.00 0.00

15. TOTAL CURRENT LIABILITIES 6.79 13.31 12.94 14.06

Name : CHANDER MOHAN Status : Individual

COMPUTATION OF MAXIMUM PERMISSIBLE

BANK FINANCE FOR WORKING CAPITAL
Amounts in : Lakhs
2017-2018 2018-2019 2019-2020 2020-2021
Particulars Un-Audited Provisional Projected Projected
FIRST METHOD OF LENDING
1. Total Current Assets 11.26 28.60 32.18 37.63

2. Other Current Liabilities 6.79 13.31 12.94 14.06

(Other than Bank Borrowing)

3. Working Capital Gap 4.47 15.29 19.24 23.57

4. Min stipulated Net working capital

(25% of WCG excluding export
receivables) 1.12 3.82 4.81 5.89

5. Actual / Projected Net Working Capital 4.47 5.29 9.24 13.57

6. Item 3 minus item 4 3.35 11.47 14.43 17.68

7. Item 3 minus item 5 0.00 10.00 10.00 10.00

8. Maximum Permissible Bank Finance 0.00 10.00 10.00 10.00

(lower of 6 or 7)

9. Excess Borrowing Representing

shortfall in NWC

SECOND METHOD OF LENDING

1. Total Current Assets 11.26 28.60 32.18 37.63

2. Other Current Liabilities 6.79 13.31 12.94 14.06

(Other than Bank Borrowing)

3. Working Capital Gap 4.47 15.29 19.24 23.57

4. Min stipulated Net working capital

(25% of Total of Current Assets excluding
export receivables) 2.82 7.15 8.05 9.41

5. Actual / Projected Net Working Capital 4.47 5.29 9.24 13.57

6. Item 3 minus item 4 1.66 8.14 11.20 14.16

7. Item 3 minus item 5 0.00 10.00 10.00 10.00

8. Maximum Permissible Bank Finance 0.00 8.14 10.00 10.00

(lower of 6 or 7)

9. Excess Borrowing Representing

shortfall in NWC 2.00
Name : CHANDER MOHAN Status : Individual

FUNDS FLOW STATEMENT

Amounts in : Lakhs
2018-2019 2019-2020 2020-2021
PartiCulars Provisional Projected Projected
1. SOURCES
(a) Net Profit 7.97 9.85 12.31

(b) Depriciation 0.71 0.60 0.51

(c) Increase in Capital -5.97 -6.50 -8.49

(d) Increase in term liabilities,including

public deposit 0.00 0.00 0.00

(e) Decrease in
(i) Fixed Assets 0.00 0.71 0.60
(ii) Other Non Current Assets 0.00 0.00 0.00

(f) Other (income tax w/o) 0.00 0.00 0.00

(g) Total 2.71 4.66 4.93

2. USE

(a) Net loss 0.00 0.00 0.00

(b) Decrease in term liabilities, including

public deposits 0.00 0.00 0.00

(c) Increase in
(i) Fixed Assets 1.39 0.00 0.00
(ii) Other non-current Assets 0.00 0.00 0.00

(d) Dividend 0.00 0.00 0.00

(e) (i) Others (share application) 0.00 0.00 0.00

(ii) Decrease in general reserve 0.00 0.00 0.00
(net Deferred tax)

(f) Total 1.39 0.00 0.00

3. LONG TERM SURPLUS/DEFICIT 1.32 4.66 4.93

4. Increase / Decrease in Current Assets 17.34 3.58 5.45

5. Increase / Decrease in Current

Liabilities 6.52 -0.37 1.12
6. Increase / Decrease in Working
Capital gap 10.82 3.95 4.33

7. Net Surplus / Deficit -9.50 0.71 0.60

8. Increase / Decrease in Bank

Borrowings 10.00 0.00 0.00

INCREASE / DECREASE IN NET SALES 23.84 22.89 30.00

*Break-Up of (4)

(i) Increase / Decrease In Raw Material 0.00 0.00 0.00

(ii) Increase / Decrease in Stock in

Process 0.00 0.00 0.00

(iii) Increase / Decrease in Finished

Goods -0.02 0.06 0.05

(iv) Increase / Decrease in receivables

(a) Domestic 16.98 3.26 5.00
(b) Export 0.00 0.00 0.00

(v) Increase / Decrease in consumables

(a) Imported 0.00 0.00 0.00
(b) Indigenous 0.00 0.00 0.00

(vi) Increase / Decrease in packing

Material 0.00 0.00 0.00

(vii) Increase / Decrease in other current

assets 0.38 0.26 0.40

Total 17.34 3.58 5.45

Name : CHANDER MOHAN Status : Individual

ANALYSIS OF RATIO

Amounts in : Lakhs
2017-2018 2018-2019 2019-2020 2020-2021
Particulars Un-Audited Provisional Projected Projected
% TO COST OF SALE

Sales 73.27 97.11 120.00 150.00

Other Revenue 0.00 0.00 0.00 0.00
Excise And Other Items 0.00 0.00 0.00 0.00
Net Sale 73.27 97.11 120.00 150.00

Raw Material 56.10 76.27 94.09 120.24

Consumables 0.00 0.00 0.00 0.00
Packing Material 0.00 0.00 0.00 0.00
Power and Fuel 0.13 0.26 0.30 0.34
Labour 9.48 9.42 12.30 13.50
Other MFG. 0.75 1.25 1.42 1.53
Increase in Stock-WIP 0.00 0.00 0.00 0.00
COP 66.46 87.20 108.11 135.61
Increase in Stock-FG -0.05 0.02 -0.06 -0.05
Total Exp 66.41 87.22 108.05 135.56

GP 6.86 9.89 11.95 14.44

Other Non Operating Income 0.00 0.00 0.00 0.00
Indirect Exp 0.00 0.47 0.66 0.68
Percent(%)

Interest 0.00 0.74 0.84 0.94

Depreciation 0.50 0.71 0.60 0.51
Non-Operating Exp. 0.00 0.00 0.00 0.00
Provision for tax 0.00 0.00 0.00 0.00
Net Profit 6.36 7.97 9.85 12.31

GROSS PROFIT RATIO 9.36 10.18 9.96 9.63

NET PROFIT RATIO 8.68 8.21 8.21 8.21

18.04 18.39 18.17 17.84
STOCK 0.14 0.12 0.18 0.23
Add: Debtors 8.26 25.24 28.50 33.50
Less: Creditors 5.31 8.94 7.70 8.21
NET PAID STOCK 3.09 16.42 20.98 25.52

MARGIN 5.31 8.94 7.70 8.21

DP 3.09 16.42 20.98 25.52
Bank Loan 0.00 10.00 10.00 10.00

Export Debtors 0.00 0.00 0.00 0.00

Margin
DP 0.00 0.00 0.00 0.00

Total DP 3.09 16.42 20.98 25.52

Less: DEFICIT OF UNPAID STOCK

NET 8.26 25.24 28.50 33.50
MARGIN
DP 8.26 25.24 28.50 33.50

TOTAL 73.27 97.11 120.00 150.00

CURRENT RATIO 1.66 1.23 1.40 1.56

MPBF 0.00 10.00 10.00 10.00
Total of Liabilities 14.20 32.72 35.70 40.64
Total of Assets 14.20 32.72 35.70 40.64
Difference in B/S 0.00 0.00 0.00 0.00

TOL/TNW 0.92 2.48 1.80 1.45

TTL/TNW 0.00 0.00 0.00 0.00

KEY RATIO
Growth in Net Sales 32.54 23.57 25.00
Growth in Net Profit 25.31 23.59 24.97
Growth in Net Worth 26.99 35.60 29.94

LIQUIDITY RATIO
Current Ratio 1.66 1.23 1.40 1.56
Quick Ratio 1.64 1.22 1.39 1.55
EFFICIENCY RATIO
Stock TurnOver Ratio 637.13 747.00 800.00 731.71
Total Assets TurnOver Ratio 5.16 2.97 3.36 3.69
Fixed Assets TurnOver Ratio 24.92 23.57 34.09 49.83
Current Assets TurnOver Ratio 6.51 3.40 3.73 3.99
Working Capital TurnOver Ratio 16.39 18.36 12.99 11.05
Capital TurnOver Ratio 9.89 10.32 9.40 9.05

PROFITABILITY RATIO
Gross Profit Ratio 9.36 10.18 9.96 9.63
Expenses Ratio
RM Consumed Ratio 76.57 78.54 78.41 80.16
Manufacturing Expenses Ratio 14.14 11.26 11.68 10.25
Indirect Expenses Ratio 0.48 0.55 0.45
Finance Expenses Ratio 0.76 0.70 0.63
Non Operating Expenses Ratio

Net Profit Ratio 8.68 8.21 8.21 8.21

Return on Capital Employed 85.83 84.70 77.19 74.25
SOLVENCY RATIO
Debt-Equity Ratio
Interest coverage ratio 12.73 13.44 14.64
DSCR 12.73 13.44 14.64
Name : CHANDER MOHAN Status : Individual

COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL

Turnover Method
Amounts in : Lakhs
2017-2018 2018-2019 2019-2020 2020-2021
Particulars Un-Audited Provisional Projected Projected
A. Turnover 73.27 97.11 120.00 150.00
B. 25.00% of (A) 18.32 24.28 30.00 37.50
C. Margin Required at 5.00% of (A) 3.66 4.86 6.00 7.50
D. Margin (NWC) 4.47 5.29 9.24 13.57
E. (B - C) 14.65 19.42 24.00 30.00
F. (B-D) 13.85 18.99 20.76 23.93
G. MPBF ( E or F whichever is lower) 13.85 18.99 20.76 23.93
H. Excess borrowing 0.00 0.00 0.00 0.00