Cost of Project ( INR in Lakhs)

Particulars INR Raw Material

Land - Sodium Bicarbonate
Machinery 20.00 Sodium Chloride
Working Shed 3.00 Sodium Nitrate
Production Ponds 8.50 Potossium Sulphate
Working Capital 11.50 Magnessium Sulphate
Total 43.00 Hydrogen Phosphate
Ferrous Sulphate
Total

No.of.Months
Raw material cost per annum
Cost in Lakhs

Yearly Consumption Of Raw Material (INR in Lakhs)

Year Capacity Utiization INR
2024-25 80% 4.91
2025-26 90% 5.53
2026-27 100% 6.14
2027-28 100% 6.14
2028-29 100% 6.14
 Cost (INR) Monthly Quantity(Kg) Monthly cost
50/kg 8000 400000 667 33,333.33
12/kg 500 6000 42 500.00
100/kg 600 60000 50 5,000.00
110/kg 400 44000 33 3,666.67
80/kg 375 30000 31 2,500.00
175/kg 400 70000 33 5,833.33
60/kg 65 3900 5 325.00
613900 51,158.33

12 613,900.00
per annum 613900
6.139
Particulars 2024-25 2025-26 2026-27 2027-28

Opening Stock (in Kgs) - 200.00 225.00 250.00

Production (in Kgs) 4,000.00 4,500.00 5,000.00 5,500.00
Less: Closing Stock 200.00 225.00 250.00 275.00
Net Sales (in Kgs) 3,800.00 4,475.00 4,975.00 5,475.00
Sale Price per Kg 900.00 990.00 1,089.00 1,197.90
Total Sales (INR) 3,420,000.00 4,430,250.00 5,417,775.00 6,558,502.50
Total Sales (INR Lakhs) 34.20 44.30 54.18 65.59

Yearly Labour Charges (INR in Lakhs) Particulars

Year Capacity Utiization INR Unskilled Worker
2024-25 80% 2.98 Skilled Workers
2025-26 90% 3.35 Total Labour charges p.a (INR)
2026-27 100% 3.72 Total (in Lakhs)
2027-28 100% 3.72
2028-29 100% 3.72
 2028-29

275.00 0 180000 222750 272250 329422.5

6,050.00 180000 222750 272250 329422.5 398601.2
302.50
6,022.50
1,317.69 0.00 1.80 2.23 2.72 3.29
7,935,788.03 1.80 2.23 2.72 3.29 3.99
79.36

Wages per Month No.of.Employees Total Salary

8000 2 16,000.00
15000 1 15,000.00
charges p.a (INR) 372,000.00
3.72
 Electricity Charges
Total Working Hours per day Hours 8
Electric Load Required Kw 10
Electricity charges per unit 8
Total Working Days 300
Electricity Charges 192,000.00

Add: Minimum Charges @10% 19,200.00

Total cost of Power & Fuel @100% 211,200.00

Total cost (in Lakhs) 2.11

Yearly Electricity Charges (INR in Lakhs)

Year Capacity Utiization INR
2024-25 80% 1.69
2025-26 90% 1.90
2026-27 100% 2.11
2027-28 100% 2.11
2028-29 100% 2.11
 WDV at the year end
Particulars
2024-25 2025-26 2026-27 2027-28
Plant & Machinery 20.00 17.00 14.45 12.28
Depreciation@15% 3.00 2.55 2.17 1.84
WDV 17.00 14.45 12.28 10.44

Building 11.50 10.35 9.32 8.38

Depreciation@10% 1.15 1.04 0.93 0.84
WDV 10.35 9.32 8.38 7.55

Land 0.00 0.00 0.00 0.00

Fixed Assets 27.35 23.77 20.67 17.99

Total Depreciation (INR Lakhs) 4.15 3.59 3.10 2.68

2028-29
10.44
1.57
8.87

7.55
0.75
6.79

0.00

15.66

2.32
 DSCR CALCULATION
Particulars 2024-25 2025-26 2026-27 2027-28
Profit before Dep & Tax 20.09 27.17 36.28 48.18
Interest on Term Loan 3.02 3.22 2.57 1.85
Total of A 23.10 30.38 38.85 50.03

Term Loan Interst 3.02 3.22 2.57 1.85

Repayment of TL 0.43 5.06 5.70 6.43
Total of B 3.45 8.28 8.28 8.28

DSCR (A/B) 6.70 3.67 4.69 6.05

Particulars 31/03/2025 31/03/2026 31/03/2027 31/03/2028 31/03/2029
A. ASSETS
Fixed Assets 27.35 23.77 20.67 17.99 15.66
Closing Stock 1.80 2.23 2.72 3.29 3.99
Trade Receivabes 19.71 35.44 56.00 83.50 120.83
Cash & Bank Balance 0.2 0.22 0.25 0.28 0.3
Total (A) 49.06 61.65 79.63 105.06 140.78

B. LIABILITIES
Proprietor's Capital 2.15 12.99 29.02 51.58 82.52
Add: Subsidy 0.00 0.00 0.00 0.00 0.00
Add: Profit 12.75 18.86 26.54 36.40 48.18
Less: Drawings 1.91 2.83 3.98 5.46 7.23
Capital Balance 12.99 29.02 51.58 82.52 123.48
Bank Term Loan 20.57 16.83 12.15 7.44 2.18
Working Capital Limit 11 11 11 11 11
Sundry Creditors 4.5 4.8 4.9 4.1 4.12
Total (B) 49.06 61.65 79.63 105.06 140.78

12.99
S.No Particulars Page No.
1 BRIEF NOTE- ABOUT SPIRULINA 1
2 PROJECT AT A GLANCE 2
3 Computation Of Raw Material Consumption 3
4 Computation of Annual Sales 4
5 Breakup of Labour Charges 5
6 Computation of Electricity charges 6
7 Computation of Depreciation 7
8 PROJECTED FINANCIALS 8
I. PROFITABILITY STATEMENT
II. BALANCESHEET
9 Debt Service Coverage Ratio 10
10 Key Financial Indicators 11
11 Term Loan Repayment Schedule 12
 DETAIL REPAYMENT SCHEDULE
Principa Principa
Interest
l l
Sr. No. Date EMI Paymen Balance
Amount Paymen
t
O/S t
M 01/06/2024 ### - 29,500 ### ###
M 01/07/2024 ### - 29,795 ### ###
M 01/08/2024 ### - 30,093 ### ###
M 01/09/2024 ### - 30,394 ### ###
M 01/10/2024 ### - 30,698 ### ###
1 01/11/2024 ### 68,968 31,005 37,964 ###
2 01/12/2024 ### 68,968 30,625 38,343 ###
3 01/01/2025 ### 68,968 30,242 38,727 ###
4 01/02/2025 ### 68,968 29,854 39,114 ###
5 01/03/2025 ### 68,968 29,463 39,505 ###
6 01/04/2025 ### 68,968 29,068 39,900 ###
7 01/05/2025 ### 68,968 28,669 40,299 ###
8 01/06/2025 ### 68,968 28,266 40,702 ###
9 01/07/2025 ### 68,968 27,859 41,109 ###
10 01/08/2025 ### 68,968 27,448 41,520 ###
11 01/09/2025 ### 68,968 27,033 41,935 ###
12 01/10/2025 ### 68,968 26,614 42,355 ###
13 01/11/2025 ### 68,968 26,190 42,778 ###
14 01/12/2025 ### 68,968 25,762 43,206 ###
15 01/01/2026 ### 68,968 25,330 43,638 ###
16 01/02/2026 ### 68,968 24,894 44,075 ###
17 01/03/2026 ### 68,968 24,453 44,515 ###
18 01/04/2026 ### 68,968 24,008 44,961 ###
19 01/05/2026 ### 68,968 23,558 45,410 ###
20 01/06/2026 ### 68,968 23,104 45,864 ###
21 01/07/2026 ### 68,968 22,646 46,323 ###
22 01/08/2026 ### 68,968 22,182 46,786 ###
23 01/09/2026 ### 68,968 21,714 47,254 ###
24 01/10/2026 ### 68,968 21,242 47,727 ###
25 01/11/2026 ### 68,968 20,765 48,204 ###
26 01/12/2026 ### 68,968 20,283 48,686 ###
27 01/01/2027 ### 68,968 19,796 49,173 ###
28 01/02/2027 ### 68,968 19,304 49,664 ###
29 01/03/2027 ### 68,968 18,807 50,161 ###
30 01/04/2027 ### 68,968 18,306 50,663 ###
31 01/05/2027 ### 68,968 17,799 51,169 ###
32 01/06/2027 ### 68,968 17,287 51,681 ###
33 01/07/2027 ### 68,968 16,771 52,198 ###
34 01/08/2027 ### 68,968 16,249 52,720 ###
35 01/09/2027 ### 68,968 15,722 53,247 ###
36 01/10/2027 ### 68,968 15,189 53,779 ###
37 01/11/2027 ### 68,968 14,651 54,317 ###
38 01/12/2027 ### 68,968 14,108 54,860 ###
39 01/01/2028 ### 68,968 13,559 55,409 ###
40 01/02/2028 ### 68,968 13,005 55,963 ###
41 01/03/2028 ### 68,968 12,446 56,523 ###
42 01/04/2028 ### 68,968 11,881 57,088 ###
43 01/05/2028 ### 68,968 11,310 57,659 ###
44 01/06/2028 ### 68,968 10,733 58,235 ###
45 01/07/2028 ### 68,968 10,151 58,818 ###
46 01/08/2028 ### 68,968 9,563 59,406 ###
47 01/09/2028 ### 68,968 8,968 60,000 ###
48 01/10/2028 ### 68,968 8,368 60,600 ###
49 01/11/2028 ### 68,968 7,762 61,206 ###
50 01/12/2028 ### 68,968 7,150 61,818 ###
51 01/01/2029 ### 68,968 6,532 62,436 ###
52 01/02/2029 ### 68,968 5,908 63,061 ###
53 01/03/2029 ### 68,968 5,277 63,691 ###
54 01/04/2029 ### 68,968 4,640 64,328 ###
55 01/05/2029 ### 68,968 3,997 64,971 ###
56 01/06/2029 ### 68,968 3,347 65,621 ###
57 01/07/2029 ### 68,968 2,691 66,277 ###
58 01/08/2029 ### 68,968 2,028 66,940 ###
59 01/09/2029 ### 68,968 1,359 67,610 68,286
60 01/10/2029 68,286 68,968 683 68,286 0
 Choose Your Loan FIXED DURATION
Amount of Loan 2,950,000
Rate of Interest P. 12.00%
No. of Installment 60
Moratorium Perio 5
Starting Date for 01/06/2024

SUMMARY REPAYMENT SCHEDULE

Financial
Amount
Total Interest
Total Principal
paid paid
Year
paid during year
during year
Ending
2025 ### ### 43,173 3.02 0.43
2026 ### ### ### 3.22 5.06
2027 ### ### ### 2.57 5.70
2028 ### ### ### 1.85 6.43
2029 ### ### ### 1.04 7.24
2030 ### 18,746 ### 0.19 4.64