Company XYZ - Financial Model Sample 2

Date: November 12, 2024
1 Instructions
2 Dashboard
3 Controls
4 Revenue Asumptions
5 Expense Assumptions
6 Payroll Assumptions
7 Fixed Asset Schedules
8 Monthly P&L
9 Quarterly P&L
10 Annual P&L
11 Monthly CFS
12 Annual CFS
13 Monthly Balance Sheet
14 Valuation
Contact: XX
XX
How this Model works
A. Financial models are an attempt to present a "big picture" view of future financial performance
B. The quality of any forecast is dependent on the quality of the assumptions and the quality of t
focus must be on the quality of the assumptions taken; and its cause-and-effect relationships.
Colour Coding
The Control Tab is the Input Tab for Assumptions.
The tabs in Light Blue reflect the different of Assumptions taken in the model. Th
Tabs in Light Green are output tabs, which display the information from the inpu
₹ -
ONLY the BLUE cells containing texts in BLUE are Hard Coded and can be adjuste
0 Cells shaded Grey-Blue contain a dropdown list, and take values from the dropdo
error.
Cells shaded Yellow contain instructions & explanations for the user to better un
of future financial performance. Many simplifying assumptions are made, and the model does not attempt to
sumptions and the quality of the cause-and-effect relationships incorporated into the model. The
ause-and-effect relationships.
mptions taken in the model. These values are controlled by the values input in the Control Tab.
the information from the input tabs. Do not modify anything on the green tabs.
Hard Coded and can be adjusted by the user without compromising the excel formulas.
nd take values from the dropdown list only. Any other value inputed, will go on to show the user an
ations for the user to better understand the model, and the asumptions taken by the model
not attempt to
Revenue and Gross Margins
42%
₹ 3,600,000,000 39%
45%
36% 40%
₹ 3,000,000,000 33%
29% 35%
₹ 2,400,000,000 30%
25%
₹ 1,800,000,000
20%
₹ 1,200,000,000 15%
10%
₹ 600,000,000
5%
₹0 0%
FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Total Revenue for Company XYZ Entity

Gross Profit of Company XYZ Group (Including Subsidiairies)
Gross Margin %
Revenue and EBITDA Margins

₹ 3,600,000,000 40%
34%
₹ 3,000,000,000
28% 30%
₹ 2,400,000,000 23%
₹ 1,800,000,000 20%
₹ 1,200,000,000 8% 10%
10%
₹ 600,000,000
₹0 0%
FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Row 13 Row 45 Row 46

42%
Revenue Split among categories
45% ₹ 1,800,000,000
40%
35% ₹ 1,500,000,000
30%
25% ₹ 1,200,000,000
20%
15% ₹ 900,000,000
10%
5% ₹ 600,000,000
0%
FY 2027 ₹ 300,000,000
₹-
FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
iairies)
Other Fibres Hemploop (fibres) Agro leather
PAT and Margins

40% ₹ 1,200,000,000 30%
34%
25%
30% ₹ 900,000,000
20%
20% ₹ 600,000,000 15%
10%
10% ₹ 300,000,000
5%
0% ₹0 0%
FY 2027 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Profit After Tax (PAT) PAT Margin (%)
Product De 60%
Marketing 30%
Opex 10%
Company XYZ
Controls Sheet
Amounts in INR
Year ending Mar-23 Mar-24 Mar-25
Assumptions for the Annual Period FY 2023 FY 2024 FY 2025
REVENUE ASSUMPTIONS
Organic Growth
Average monthly orders 13
Monthly increase % (1) 4% 4% 3%
Small orders 70% 70% 70%

Large orders 30% 30% 30%
% Split for the number of small orders

Other Fibres Split(S) 20% 30% 45%
Hemploop fibres Split (S) 60% 35% 25%
Agro leather Split(S) 20% 35% 30%
% Split for the number of large orders

Other Fibres Split (L) 20% 40% 40%
Hemploop fibres Split (L) 60% 30% 30%
Agro leather Split (L) 20% 30% 30%
Large Orders AOV

Other Fibres (L) ₹500,000 ₹ 1,000,000 ₹ 3,500,000
Annual Increase % 100% 250%
Average Order Value for Hemploop (L) ₹2,000,000 ₹ 5,500,000 ₹ 11,000,000

Average Order Value for Agro Leather (L) ₹0 ₹500,000 ₹ 1,100,000

Annual Increase % 120%
Small Orders AOV

Average Order Value of other fibres (S) ₹65,000 ₹ 78,000 ₹ 93,600
Average Order Value for Hemploop (S) ₹10,000 ₹ 12,000 ₹ 14,400

Average Order Value for Agro Leather (S) ₹7,000 ₹ 8,400 ₹ 10,080
D2C line Revenue (All products)

Monthly marketing budget ₹20,000
Monthly increase (2) 20% 10% 10%
Cost of Acquistion (Per order) ₹2,600 ₹ 1,820 ₹ 1,456

Annual Increase % -30% -20%
Average Order Value ₹3,300 ₹ 3,960 ₹ 4,356

Overall Delay in revenue (months) 1 Month(s)
EXPENSE ASSUMPTIONS
Direct Expenses
Materials cost for D2C (as a % of D2C revenue) 35% 34% 32%
Paid in advance (Months) 3 Month(s)
Fibre and chemicals (% of revenue)

Material costs (% of revenue) 37% 35% 37%
Bio-chemicals (% of revenue) 15% 14% 13%

Late payments (Months) 3 Month(s)
Utilities (% of revenue) 9% 8% 7%
Labour to be referred in the expense assumptions

Late payments (Months) 1 Month(s)
Factory and repair Expenses ₹120,000 ₹ 360,000 ₹ 540,000

Indirect income (For Company XYZ)
Interest Income FD ₹12,500 ₹ 13,750 ₹ 15,125

Operating Expenses (OPEX) (For Company XYZ)

Marketing Budget for D2C To be referred in expense assumptions
Marketing Expense (Fibre) ₹37,500 ₹ 975,000 ₹ 1,462,500

Research and Development & Prototype Expenses ₹500,000 ₹ 1,000,000 ₹ 1,500,000

General Office Maintenance ₹320,000 ₹ 800,000 ₹ 1,600,000

Communication, travel, courier and conveyance ₹120,000 ₹ 420,000 ₹ 630,000

Legal and Proffesional ₹32,500 ₹ 65,000 ₹ 130,000

Other Miscellaneous Expenses ₹100,000 ₹ 200,000 ₹ 220,000

Tax Rate 15% 15% 15%
PAYROLL ASSUMPTIONS
Taxes and other benefits 10% 10% 10%
Salaries per designation (monthly)

Top Management
CEO ₹100,000 ₹350,000 ₹500,000
COO ₹100,000 ₹350,000 ₹400,000
CMO ₹35,000 ₹200,000 ₹400,000
Factory Staff
Factory Supervisor ₹30,000 ₹ 33,000 ₹ 36,300
Boiler Supervisor ₹20,000 ₹ 22,000 ₹ 24,200
Quality Engineer ₹32,000 ₹ 35,200 ₹ 38,720
Factory Workers ₹16,000 ₹ 17,600 ₹ 19,360
General and Administrative
R&D Department ₹40,000 ₹100,000 ₹ 150,000
Marketing Department ₹100,000 ₹250,000
Cluster Department ₹100,000 ₹250,000
Sales Team 1% of the sales of Hemploop+Other fibres
Security ₹32,000 ₹ 35,200 ₹ 38,720
Cleaning ₹20,000 ₹ 22,000 ₹ 24,200
Marketing (Natloop) ₹35,000 ₹ 38,500 ₹ 42,350
Marketing (Hemptex) ₹55,000 ₹ 60,500 ₹ 66,550
Pay Raise % (Select categories) 20% 20%

Pay Raise % 10% 10%
Capex Costs
Factory Expansion Q1 (increase in tonnage capacity) ₹4,500,000
Depreciation (monthly) 1%
Office Furniture ₹400,000
Depreciation (monthly) 1%
Factory Expansion Q4 (increase in tonnage capacity) ₹7,500,000
Income from Associates

Natloop (Amount Invested) ₹300,000
Revenue registered for April 22 ₹0

Revenue registered for May 22 ₹100,000
Gross Margin (1) 25% 26% 27%
Share of Company XYZ 50%
Hemptex (Amount Invested) ₹50,000
Revenue registered for April 22 ₹500,000

Revenue registered for May 22 ₹550,000
Gross Margin (2) 15% 16% 18%
Share of Company XYZ 50%
Cost Per ton

Other Fibres ₹500,000 ₹450,000 ₹250,000
Hemploop ₹400,000 ₹380,000 ₹350,000
Agro Leather ₹700,000 ₹650,000 ₹600,000
Mar-26 Mar-27
FY 2026 FY 2027
1% 1%
70% 70%
30% 30%
45% 50%
20% 18%
35% 32%
45% 50%
20% 18%
35% 32%
₹ 7,000,000 ₹ 14,000,000
100% 100%
₹ 22,000,000 ₹ 44,000,000
100% 100%
₹ 2,200,000 ₹ 3,850,000
100% 75%
₹ 112,320 ₹ 134,784
20% 20%
₹ 17,280 ₹ 20,736
20% 20%
₹ 12,096 ₹ 14,515
20% 20%
5% 5%
₹ 1,310 ₹ 1,179
-10% -10%
₹ 4,792 ₹ 5,271
10% 10%
30% 28%
37% 37%
12% 12%
6% 6%
₹ 756,000 ₹ 982,800
40% 30%
₹ 16,638 ₹ 18,301
10% 10%
₹ 2,193,750 ₹ 3,290,625
50% 50%
₹ 2,250,000 ₹ 3,375,000
50% 50%
₹ 2,400,000 ₹ 3,192,000
50% 33%
₹ 837,900 ₹ 921,690
33% 10%
₹ 260,000 ₹ 520,000
100% 100%
₹ 242,000 ₹ 266,200
10% 10%
15% 15%
10% 10%
₹ 550,000 ₹ 605,000
₹ 440,000 ₹ 484,000
₹ 440,000 ₹ 484,000
₹ 39,930 ₹ 43,923
₹ 26,620 ₹ 29,282
₹ 42,592 ₹ 46,851
₹ 21,296 ₹ 23,426
₹ 225,000 ₹ 337,500
₹ 275,000 ₹ 302,500
₹ 275,000 ₹ 302,500
₹ 42,592 ₹ 46,851
₹ 26,620 ₹ 29,282
₹ 46,585 ₹ 51,244
₹ 73,205 ₹ 80,526
20% 20%
10% 10%
3% 2%
28% 29%
3% 2%
20% 20%
₹225,000 ₹200,000
₹320,000 ₹300,000
₹550,000 ₹500,000
Company XYZ
Revenue Assumptions Sheet
Amounts in INR
Month 1 Month 2 Month 3 Month 4
Assumptions for the Monthly Period Apr-22 May-22 Jun-22 Jul-22
Revenue Stream #1 (B2B segment)
Total Number of orders 13 14 15 16
Revenue from Large orders

Number of large orders 4 4 5 5
Order Split
Other Fibres (L) 1 1 1 1
Hemploop (fibres) 2 2 3 3
Agro leather 1 1 1 1
Other Fibres (L) ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000

Revenue from other fibres ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000
Average Order value for Hemploop (L) ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000
Revenue from Hemploop ₹ 4,000,000 ₹ 4,000,000 ₹ 6,000,000 ₹ 6,000,000
Average order value for Agro Leather (L) ₹0 ₹0 ₹0 ₹0

Revenue from Agro Leather ₹0 ₹0 ₹0 ₹0
Total Revenue from Large Orders ₹ 4,500,000 ₹ 4,500,000 ₹ 6,500,000 ₹ 6,500,000
Revenue from Small Orders

Number of small orders 9 10 11 11
Order Split
Other Fibres (S) 2 2 2 2
Hemploop (fibres) 5 6 7 7
Agro leather - - - -
Average Order value of Other Fibres (S) ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000
Revenue from Other Fibres ₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000
Average Order Value for Hemploop (S) ₹ 10,000 ₹ 10,000 ₹ 10,000 ₹ 10,000
Revenue from Hemploop ₹ 50,000 ₹ 60,000 ₹ 70,000 ₹ 70,000
Average Order Value for Agro Leather (S) ₹ 7,000 ₹ 7,000 ₹ 7,000 ₹ 7,000
Revenue from Agro Leather ₹0 ₹0 ₹0 ₹0
Total Revenue from Small orders ₹ 180,000 ₹ 190,000 ₹ 200,000 ₹ 200,000
Total Revenue from the B2B business line ₹ 4,680,000 ₹ 4,690,000 ₹ 6,700,000 ₹ 6,700,000
Revenue Stream #2 (D2C line)

Monthly marketing budget ₹ 20,000 ₹ 24,000 ₹ 28,800 ₹ 34,560
Cost of Acquistion (Per order) ₹ 2,600 ₹ 2,600 ₹ 2,600 ₹ 2,600
Number of orders 8 9 11 13
Average Order Value ₹ 3,300 ₹ 3,300 ₹ 3,300 ₹ 3,300

Revenue from D2C Line ₹ 26,400 ₹ 29,700 ₹ 36,300 ₹ 42,900
Indirect Income
Interest Income FD ₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500
Total Revenue from Company XYZ ₹ 4,718,900 ₹ 4,732,200 ₹ 6,748,800 ₹ 6,755,400
% split of Revenue
Other Fibres ₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000
Hemploop (fibres) ₹ 4,050,000 ₹ 4,060,000 ₹ 6,070,000 ₹ 6,070,000
Agro leather ₹0 ₹0 ₹0 ₹0
Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
17 18 19 20 21 22 23 24
5 5 6 6 6 7 7 7
1 1 1 1 1 1 1 1
3 3 4 4 4 4 4 4
1 1 1 1 1 1 1 1
₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000

₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000
₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000

₹ 6,000,000 ₹ 6,000,000 ₹ 8,000,000 ₹ 8,000,000 ₹ 8,000,000 ₹ 8,000,000 ₹ 8,000,000 ₹ 8,000,000
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 6,500,000 ₹ 6,500,000 ₹ 8,500,000 ₹ 8,500,000 ₹ 8,500,000 ₹ 8,500,000 ₹ 8,500,000 ₹ 8,500,000
12 13 13 14 15 15 16 17
2 3 3 3 3 3 3 3
7 8 8 8 9 9 10 10
- - 3 3 3 3 3 3
₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000

₹ 130,000 ₹ 195,000 ₹ 195,000 ₹ 195,000 ₹ 195,000 ₹ 195,000 ₹ 195,000 ₹ 195,000
₹ 10,000 ₹ 10,000 ₹ 10,000 ₹ 10,000 ₹ 10,000 ₹ 10,000 ₹ 10,000 ₹ 10,000

₹ 70,000 ₹ 80,000 ₹ 80,000 ₹ 80,000 ₹ 90,000 ₹ 90,000 ₹ 100,000 ₹ 100,000
₹ 7,000 ₹ 7,000 ₹ 7,000 ₹ 7,000 ₹ 7,000 ₹ 7,000 ₹ 7,000 ₹ 7,000

₹0 ₹0 ₹ 21,000 ₹ 21,000 ₹ 21,000 ₹ 21,000 ₹ 21,000 ₹ 21,000
₹ 200,000 ₹ 275,000 ₹ 296,000 ₹ 296,000 ₹ 306,000 ₹ 306,000 ₹ 316,000 ₹ 316,000
₹ 6,700,000 ₹ 6,775,000 ₹ 8,796,000 ₹ 8,796,000 ₹ 8,806,000 ₹ 8,806,000 ₹ 8,816,000 ₹ 8,816,000
₹ 41,472 ₹ 49,766 ₹ 59,720 ₹ 71,664 ₹ 85,996 ₹ 103,196 ₹ 123,835 ₹ 148,602

₹ 2,600 ₹ 2,600 ₹ 2,600 ₹ 2,600 ₹ 2,600 ₹ 2,600 ₹ 2,600 ₹ 2,600
16 19 23 28 33 40 48 57
₹ 3,300 ₹ 3,300 ₹ 3,300 ₹ 3,300 ₹ 3,300 ₹ 3,300 ₹ 3,300 ₹ 3,300

₹ 52,800 ₹ 62,700 ₹ 75,900 ₹ 92,400 ₹ 108,900 ₹ 132,000 ₹ 158,400 ₹ 188,100
₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500
₹ 6,765,300 ₹ 6,850,200 ₹ 8,884,400 ₹ 8,900,900 ₹ 8,927,400 ₹ 8,950,500 ₹ 8,986,900 ₹ 9,016,600
₹ 630,000 ₹ 695,000 ₹ 695,000 ₹ 695,000 ₹ 695,000 ₹ 695,000 ₹ 695,000 ₹ 695,000

₹ 6,070,000 ₹ 6,080,000 ₹ 8,080,000 ₹ 8,080,000 ₹ 8,090,000 ₹ 8,090,000 ₹ 8,100,000 ₹ 8,100,000
₹0 ₹0 ₹ 21,000 ₹ 21,000 ₹ 21,000 ₹ 21,000 ₹ 21,000 ₹ 21,000
Month 13 Month 14 Month 15 Month 16 Month 17 Month 18 Month 19
Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23
25 26 27 28 29 30 31
8 8 8 8 9 9 9
3 3 3 3 4 4 4
2 2 2 2 3 3 3
2 2 2 2 3 3 3
₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000

₹ 3,000,000 ₹ 3,000,000 ₹ 3,000,000 ₹ 3,000,000 ₹ 4,000,000 ₹ 4,000,000 ₹ 4,000,000
₹ 5,500,000 ₹ 5,500,000 ₹ 5,500,000 ₹ 5,500,000 ₹ 5,500,000 ₹ 5,500,000 ₹ 5,500,000

₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 16,500,000 ₹ 16,500,000 ₹ 16,500,000
₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000

₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000
₹ 15,000,000 ₹ 15,000,000 ₹ 15,000,000 ₹ 15,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000
18 18 19 20 20 21 22
5 5 6 6 6 6 7
6 6 7 7 7 7 8
6 6 7 7 7 7 8
₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000

₹ 390,000 ₹ 390,000 ₹ 468,000 ₹ 468,000 ₹ 468,000 ₹ 468,000 ₹ 546,000
₹ 12,000 ₹ 12,000 ₹ 12,000 ₹ 12,000 ₹ 12,000 ₹ 12,000 ₹ 12,000

₹ 72,000 ₹ 72,000 ₹ 84,000 ₹ 84,000 ₹ 84,000 ₹ 84,000 ₹ 96,000
₹ 8,400 ₹ 8,400 ₹ 8,400 ₹ 8,400 ₹ 8,400 ₹ 8,400 ₹ 8,400

₹ 50,400 ₹ 50,400 ₹ 58,800 ₹ 58,800 ₹ 58,800 ₹ 58,800 ₹ 67,200
₹ 512,400 ₹ 512,400 ₹ 610,800 ₹ 610,800 ₹ 610,800 ₹ 610,800 ₹ 709,200
₹ 15,512,400 ₹ 15,512,400 ₹ 15,610,800 ₹ 15,610,800 ₹ 22,610,800 ₹ 22,610,800 ₹ 22,709,200
₹ 163,462 ₹ 179,808 ₹ 197,789 ₹ 217,568 ₹ 239,324 ₹ 263,257 ₹ 289,583

₹ 1,820 ₹ 1,820 ₹ 1,820 ₹ 1,820 ₹ 1,820 ₹ 1,820 ₹ 1,820
90 99 109 120 131 145 159
₹ 3,960 ₹ 3,960 ₹ 3,960 ₹ 3,960 ₹ 3,960 ₹ 3,960 ₹ 3,960

₹ 356,400 ₹ 392,040 ₹ 431,640 ₹ 475,200 ₹ 518,760 ₹ 574,200 ₹ 629,640
₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750
₹ 15,882,550 ₹ 15,918,190 ₹ 16,056,190 ₹ 16,099,750 ₹ 23,143,310 ₹ 23,198,750 ₹ 23,352,590
₹ 3,390,000 ₹ 3,390,000 ₹ 3,468,000 ₹ 3,468,000 ₹ 4,468,000 ₹ 4,468,000 ₹ 4,546,000

₹ 11,072,000 ₹ 11,072,000 ₹ 11,084,000 ₹ 11,084,000 ₹ 16,584,000 ₹ 16,584,000 ₹ 16,596,000
₹ 1,050,400 ₹ 1,050,400 ₹ 1,058,800 ₹ 1,058,800 ₹ 1,558,800 ₹ 1,558,800 ₹ 1,567,200
Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24
32 33 34 35 36 37 38
10 10 10 11 11 11 11
4 4 4 4 4 4 4
3 3 3 3 3 3 3
3 3 3 3 3 3 3
₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 3,500,000 ₹ 3,500,000

₹ 4,000,000 ₹ 4,000,000 ₹ 4,000,000 ₹ 4,000,000 ₹ 4,000,000 ₹ 14,000,000 ₹ 14,000,000
₹ 5,500,000 ₹ 5,500,000 ₹ 5,500,000 ₹ 5,500,000 ₹ 5,500,000 ₹ 11,000,000 ₹ 11,000,000

₹ 16,500,000 ₹ 16,500,000 ₹ 16,500,000 ₹ 16,500,000 ₹ 16,500,000 ₹ 33,000,000 ₹ 33,000,000
₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 1,100,000 ₹ 1,100,000

₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 3,300,000 ₹ 3,300,000
₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 50,300,000 ₹ 50,300,000
22 23 24 25 25 26 27
7 7 7 8 8 12 12
8 8 8 9 9 7 7
8 8 8 9 9 8 8
₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 78,000 ₹ 93,600 ₹ 93,600

₹ 546,000 ₹ 546,000 ₹ 546,000 ₹ 624,000 ₹ 624,000 ₹ 1,123,200 ₹ 1,123,200
₹ 12,000 ₹ 12,000 ₹ 12,000 ₹ 12,000 ₹ 12,000 ₹ 14,400 ₹ 14,400

₹ 96,000 ₹ 96,000 ₹ 96,000 ₹ 108,000 ₹ 108,000 ₹ 100,800 ₹ 100,800
₹ 8,400 ₹ 8,400 ₹ 8,400 ₹ 8,400 ₹ 8,400 ₹ 10,080 ₹ 10,080

₹ 67,200 ₹ 67,200 ₹ 67,200 ₹ 75,600 ₹ 75,600 ₹ 80,640 ₹ 80,640
₹ 709,200 ₹ 709,200 ₹ 709,200 ₹ 807,600 ₹ 807,600 ₹ 1,304,640 ₹ 1,304,640
₹ 22,709,200 ₹ 22,709,200 ₹ 22,709,200 ₹ 22,807,600 ₹ 22,807,600 ₹ 51,604,640 ₹ 51,604,640
₹ 318,541 ₹ 350,395 ₹ 385,434 ₹ 423,978 ₹ 466,376 ₹ 513,013 ₹ 564,315

₹ 1,820 ₹ 1,820 ₹ 1,820 ₹ 1,820 ₹ 1,820 ₹ 1,456 ₹ 1,456
175 193 212 233 256 352 388
₹ 3,960 ₹ 3,960 ₹ 3,960 ₹ 3,960 ₹ 3,960 ₹ 4,356 ₹ 4,356

₹ 693,000 ₹ 764,280 ₹ 839,520 ₹ 922,680 ₹ 1,013,760 ₹ 1,533,312 ₹ 1,690,128
₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 15,125 ₹ 15,125
₹ 23,415,950 ₹ 23,487,230 ₹ 23,562,470 ₹ 23,744,030 ₹ 23,835,110 ₹ 53,153,077 ₹ 53,309,893
₹ 4,546,000 ₹ 4,546,000 ₹ 4,546,000 ₹ 4,624,000 ₹ 4,624,000 ₹ 15,123,200 ₹ 15,123,200

₹ 16,596,000 ₹ 16,596,000 ₹ 16,596,000 ₹ 16,608,000 ₹ 16,608,000 ₹ 33,100,800 ₹ 33,100,800
₹ 1,567,200 ₹ 1,567,200 ₹ 1,567,200 ₹ 1,575,600 ₹ 1,575,600 ₹ 3,380,640 ₹ 3,380,640
Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24
39 40 41 42 43 44 45
12 12 12 13 13 13 14
5 5 5 5 5 5 6
4 4 4 4 4 4 4
4 4 4 4 4 4 4
₹ 3,500,000 ₹ 3,500,000 ₹ 3,500,000 ₹ 3,500,000 ₹ 3,500,000 ₹ 3,500,000 ₹ 3,500,000

₹ 17,500,000 ₹ 17,500,000 ₹ 17,500,000 ₹ 17,500,000 ₹ 17,500,000 ₹ 17,500,000 ₹ 21,000,000
₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000

₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000
₹ 1,100,000 ₹ 1,100,000 ₹ 1,100,000 ₹ 1,100,000 ₹ 1,100,000 ₹ 1,100,000 ₹ 1,100,000

₹ 4,400,000 ₹ 4,400,000 ₹ 4,400,000 ₹ 4,400,000 ₹ 4,400,000 ₹ 4,400,000 ₹ 4,400,000
₹ 65,900,000 ₹ 65,900,000 ₹ 65,900,000 ₹ 65,900,000 ₹ 65,900,000 ₹ 65,900,000 ₹ 69,400,000
27 28 29 29 30 31 32
12 13 13 13 14 14 14
7 7 7 7 8 8 8
8 8 9 9 9 9 10
₹ 93,600 ₹ 93,600 ₹ 93,600 ₹ 93,600 ₹ 93,600 ₹ 93,600 ₹ 93,600

₹ 1,123,200 ₹ 1,216,800 ₹ 1,216,800 ₹ 1,216,800 ₹ 1,310,400 ₹ 1,310,400 ₹ 1,310,400
₹ 14,400 ₹ 14,400 ₹ 14,400 ₹ 14,400 ₹ 14,400 ₹ 14,400 ₹ 14,400

₹ 100,800 ₹ 100,800 ₹ 100,800 ₹ 100,800 ₹ 115,200 ₹ 115,200 ₹ 115,200
₹ 10,080 ₹ 10,080 ₹ 10,080 ₹ 10,080 ₹ 10,080 ₹ 10,080 ₹ 10,080

₹ 80,640 ₹ 80,640 ₹ 90,720 ₹ 90,720 ₹ 90,720 ₹ 90,720 ₹ 100,800
₹ 1,304,640 ₹ 1,398,240 ₹ 1,408,320 ₹ 1,408,320 ₹ 1,516,320 ₹ 1,516,320 ₹ 1,526,400
₹ 67,204,640 ₹ 67,298,240 ₹ 67,308,320 ₹ 67,308,320 ₹ 67,416,320 ₹ 67,416,320 ₹ 70,926,400
₹ 620,746 ₹ 682,821 ₹ 751,103 ₹ 826,213 ₹ 908,834 ₹ 999,718 ₹ 1,099,690

₹ 1,456 ₹ 1,456 ₹ 1,456 ₹ 1,456 ₹ 1,456 ₹ 1,456 ₹ 1,456
426 469 516 567 624 687 755
₹ 4,356 ₹ 4,356 ₹ 4,356 ₹ 4,356 ₹ 4,356 ₹ 4,356 ₹ 4,356

₹ 1,855,656 ₹ 2,042,964 ₹ 2,247,696 ₹ 2,469,852 ₹ 2,718,144 ₹ 2,992,572 ₹ 3,288,780
₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 15,125
₹ 69,075,421 ₹ 69,356,329 ₹ 69,571,141 ₹ 69,793,297 ₹ 70,149,589 ₹ 70,424,017 ₹ 74,230,305
₹ 18,623,200 ₹ 18,716,800 ₹ 18,716,800 ₹ 18,716,800 ₹ 18,810,400 ₹ 18,810,400 ₹ 22,310,400

₹ 44,100,800 ₹ 44,100,800 ₹ 44,100,800 ₹ 44,100,800 ₹ 44,115,200 ₹ 44,115,200 ₹ 44,115,200
₹ 4,480,640 ₹ 4,480,640 ₹ 4,490,720 ₹ 4,490,720 ₹ 4,490,720 ₹ 4,490,720 ₹ 4,500,800
Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25
46 47 48 48 48 48 48
14 14 14 14 14 14 14
6 6 6 6 6 6 6
4 4 4 3 3 3 3
4 4 4 5 5 5 5
₹ 3,500,000 ₹ 3,500,000 ₹ 3,500,000 ₹ 7,000,000 ₹ 7,000,000 ₹ 7,000,000 ₹ 7,000,000

₹ 21,000,000 ₹ 21,000,000 ₹ 21,000,000 ₹ 42,000,000 ₹ 42,000,000 ₹ 42,000,000 ₹ 42,000,000
₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000

₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 66,000,000 ₹ 66,000,000 ₹ 66,000,000 ₹ 66,000,000
₹ 1,100,000 ₹ 1,100,000 ₹ 1,100,000 ₹ 2,200,000 ₹ 2,200,000 ₹ 2,200,000 ₹ 2,200,000

₹ 4,400,000 ₹ 4,400,000 ₹ 4,400,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000
₹ 69,400,000 ₹ 69,400,000 ₹ 69,400,000 ₹ 119,000,000 ₹ 119,000,000 ₹ 119,000,000 ₹ 119,000,000
32 33 34 34 34 34 34
14 15 15 15 15 15 15
8 8 9 7 7 7 7
10 10 10 12 12 12 12
₹ 93,600 ₹ 93,600 ₹ 93,600 ₹ 112,320 ₹ 112,320 ₹ 112,320 ₹ 112,320

₹ 1,310,400 ₹ 1,404,000 ₹ 1,404,000 ₹ 1,684,800 ₹ 1,684,800 ₹ 1,684,800 ₹ 1,684,800
₹ 14,400 ₹ 14,400 ₹ 14,400 ₹ 17,280 ₹ 17,280 ₹ 17,280 ₹ 17,280

₹ 115,200 ₹ 115,200 ₹ 129,600 ₹ 120,960 ₹ 120,960 ₹ 120,960 ₹ 120,960
₹ 10,080 ₹ 10,080 ₹ 10,080 ₹ 12,096 ₹ 12,096 ₹ 12,096 ₹ 12,096

₹ 100,800 ₹ 100,800 ₹ 100,800 ₹ 145,152 ₹ 145,152 ₹ 145,152 ₹ 145,152
₹ 1,526,400 ₹ 1,620,000 ₹ 1,634,400 ₹ 1,950,912 ₹ 1,950,912 ₹ 1,950,912 ₹ 1,950,912
₹ 70,926,400 ₹ 71,020,000 ₹ 71,034,400 ₹ 120,950,912 ₹ 120,950,912 ₹ 120,950,912 ₹ 120,950,912
₹ 1,209,658 ₹ 1,330,624 ₹ 1,463,687 ₹ 1,536,871 ₹ 1,613,715 ₹ 1,694,400 ₹ 1,779,120

₹ 1,456 ₹ 1,456 ₹ 1,456 ₹ 1,310 ₹ 1,310 ₹ 1,310 ₹ 1,310
831 914 1005 1173 1231 1293 1358
₹ 4,356 ₹ 4,356 ₹ 4,356 ₹ 4,792 ₹ 4,792 ₹ 4,792 ₹ 4,792

₹ 3,619,836 ₹ 3,981,384 ₹ 4,377,780 ₹ 5,620,547 ₹ 5,898,460 ₹ 6,195,539 ₹ 6,506,993
₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638
₹ 74,561,361 ₹ 75,016,509 ₹ 75,427,305 ₹ 126,588,096 ₹ 126,866,009 ₹ 127,163,088 ₹ 127,474,542
₹ 22,310,400 ₹ 22,404,000 ₹ 22,404,000 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800

₹ 44,115,200 ₹ 44,115,200 ₹ 44,129,600 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960
₹ 4,500,800 ₹ 4,500,800 ₹ 4,500,800 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152
Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26
48 48 48 48 48 48 48
14 14 14 14 14 14 14
6 6 6 6 6 6 6
3 3 3 3 3 3 3
5 5 5 5 5 5 5
₹ 7,000,000 ₹ 7,000,000 ₹ 7,000,000 ₹ 7,000,000 ₹ 7,000,000 ₹ 7,000,000 ₹ 7,000,000

₹ 42,000,000 ₹ 42,000,000 ₹ 42,000,000 ₹ 42,000,000 ₹ 42,000,000 ₹ 42,000,000 ₹ 42,000,000
₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000 ₹ 22,000,000

₹ 66,000,000 ₹ 66,000,000 ₹ 66,000,000 ₹ 66,000,000 ₹ 66,000,000 ₹ 66,000,000 ₹ 66,000,000
₹ 2,200,000 ₹ 2,200,000 ₹ 2,200,000 ₹ 2,200,000 ₹ 2,200,000 ₹ 2,200,000 ₹ 2,200,000

₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000 ₹ 11,000,000
₹ 119,000,000 ₹ 119,000,000 ₹ 119,000,000 ₹ 119,000,000 ₹ 119,000,000 ₹ 119,000,000 ₹ 119,000,000
34 34 34 34 34 34 34
15 15 15 15 15 15 15
7 7 7 7 7 7 7
12 12 12 12 12 12 12
₹ 112,320 ₹ 112,320 ₹ 112,320 ₹ 112,320 ₹ 112,320 ₹ 112,320 ₹ 112,320

₹ 1,684,800 ₹ 1,684,800 ₹ 1,684,800 ₹ 1,684,800 ₹ 1,684,800 ₹ 1,684,800 ₹ 1,684,800
₹ 17,280 ₹ 17,280 ₹ 17,280 ₹ 17,280 ₹ 17,280 ₹ 17,280 ₹ 17,280

₹ 120,960 ₹ 120,960 ₹ 120,960 ₹ 120,960 ₹ 120,960 ₹ 120,960 ₹ 120,960
₹ 12,096 ₹ 12,096 ₹ 12,096 ₹ 12,096 ₹ 12,096 ₹ 12,096 ₹ 12,096

₹ 145,152 ₹ 145,152 ₹ 145,152 ₹ 145,152 ₹ 145,152 ₹ 145,152 ₹ 145,152
₹ 1,950,912 ₹ 1,950,912 ₹ 1,950,912 ₹ 1,950,912 ₹ 1,950,912 ₹ 1,950,912 ₹ 1,950,912
₹ 120,950,912 ₹ 120,950,912 ₹ 120,950,912 ₹ 120,950,912 ₹ 120,950,912 ₹ 120,950,912 ₹ 120,950,912
₹ 1,868,076 ₹ 1,961,480 ₹ 2,059,554 ₹ 2,162,532 ₹ 2,270,659 ₹ 2,384,192 ₹ 2,503,401

₹ 1,310 ₹ 1,310 ₹ 1,310 ₹ 1,310 ₹ 1,310 ₹ 1,310 ₹ 1,310
1426 1497 1572 1650 1733 1819 1910
₹ 4,792 ₹ 4,792 ₹ 4,792 ₹ 4,792 ₹ 4,792 ₹ 4,792 ₹ 4,792

₹ 6,832,822 ₹ 7,173,025 ₹ 7,532,395 ₹ 7,906,140 ₹ 8,303,843 ₹ 8,715,920 ₹ 9,151,956
₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638
₹ 127,800,371 ₹ 128,140,575 ₹ 128,499,945 ₹ 128,873,690 ₹ 129,271,392 ₹ 129,683,470 ₹ 130,119,506
₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800

₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960
₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152
Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26
48 48 48 48 48 48 48
14 14 14 14 14 14 14
6 7 7 7 7 7 7
3 3 3 3 3 3 3
5 4 4 4 4 4 4
₹ 7,000,000 ₹ 14,000,000 ₹ 14,000,000 ₹ 14,000,000 ₹ 14,000,000 ₹ 14,000,000 ₹ 14,000,000

₹ 42,000,000 ₹ 98,000,000 ₹ 98,000,000 ₹ 98,000,000 ₹ 98,000,000 ₹ 98,000,000 ₹ 98,000,000
₹ 22,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000

₹ 66,000,000 ₹ 132,000,000 ₹ 132,000,000 ₹ 132,000,000 ₹ 132,000,000 ₹ 132,000,000 ₹ 132,000,000
₹ 2,200,000 ₹ 3,850,000 ₹ 3,850,000 ₹ 3,850,000 ₹ 3,850,000 ₹ 3,850,000 ₹ 3,850,000

₹ 11,000,000 ₹ 15,400,000 ₹ 15,400,000 ₹ 15,400,000 ₹ 15,400,000 ₹ 15,400,000 ₹ 15,400,000
₹ 119,000,000 ₹ 245,400,000 ₹ 245,400,000 ₹ 245,400,000 ₹ 245,400,000 ₹ 245,400,000 ₹ 245,400,000
34 34 34 34 34 34 34
15 17 17 17 17 17 17
7 6 6 6 6 6 6
12 11 11 11 11 11 11
₹ 112,320 ₹ 134,784 ₹ 134,784 ₹ 134,784 ₹ 134,784 ₹ 134,784 ₹ 134,784

₹ 1,684,800 ₹ 2,291,328 ₹ 2,291,328 ₹ 2,291,328 ₹ 2,291,328 ₹ 2,291,328 ₹ 2,291,328
₹ 17,280 ₹ 20,736 ₹ 20,736 ₹ 20,736 ₹ 20,736 ₹ 20,736 ₹ 20,736

₹ 120,960 ₹ 124,416 ₹ 124,416 ₹ 124,416 ₹ 124,416 ₹ 124,416 ₹ 124,416
₹ 12,096 ₹ 14,515 ₹ 14,515 ₹ 14,515 ₹ 14,515 ₹ 14,515 ₹ 14,515

₹ 145,152 ₹ 159,667 ₹ 159,667 ₹ 159,667 ₹ 159,667 ₹ 159,667 ₹ 159,667
₹ 1,950,912 ₹ 2,575,411 ₹ 2,575,411 ₹ 2,575,411 ₹ 2,575,411 ₹ 2,575,411 ₹ 2,575,411
₹ 120,950,912 ₹ 247,975,411 ₹ 247,975,411 ₹ 247,975,411 ₹ 247,975,411 ₹ 247,975,411 ₹ 247,975,411
₹ 2,628,571 ₹ 2,760,000 ₹ 2,898,000 ₹ 3,042,900 ₹ 3,195,045 ₹ 3,354,797 ₹ 3,522,537

₹ 1,310 ₹ 1,179 ₹ 1,179 ₹ 1,179 ₹ 1,179 ₹ 1,179 ₹ 1,179
2006 2340 2457 2580 2709 2845 2987
₹ 4,792 ₹ 5,271 ₹ 5,271 ₹ 5,271 ₹ 5,271 ₹ 5,271 ₹ 5,271

₹ 9,611,950 ₹ 12,333,578 ₹ 12,950,257 ₹ 13,598,561 ₹ 14,278,489 ₹ 14,995,312 ₹ 15,743,760
₹ 16,638 ₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301
₹ 130,579,499 ₹ 260,327,291 ₹ 260,943,970 ₹ 261,592,273 ₹ 262,272,201 ₹ 262,989,025 ₹ 263,737,473
₹ 43,684,800 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328

₹ 66,120,960 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416
₹ 11,145,152 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667
Month 55 Month 56 Month 57 Month 58 Month 59 Month 60
Oct-26 Nov-26 Dec-26 Jan-27 Feb-27 Mar-27
48 48 48 48 48 48
14 14 14 14 14 14
7 7 7 7 7 7
3 3 3 3 3 3
4 4 4 4 4 4
₹ 14,000,000 ₹ 14,000,000 ₹ 14,000,000 ₹ 14,000,000 ₹ 14,000,000 ₹ 14,000,000

₹ 98,000,000 ₹ 98,000,000 ₹ 98,000,000 ₹ 98,000,000 ₹ 98,000,000 ₹ 98,000,000
₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000 ₹ 44,000,000

₹ 132,000,000 ₹ 132,000,000 ₹ 132,000,000 ₹ 132,000,000 ₹ 132,000,000 ₹ 132,000,000
₹ 3,850,000 ₹ 3,850,000 ₹ 3,850,000 ₹ 3,850,000 ₹ 3,850,000 ₹ 3,850,000

₹ 15,400,000 ₹ 15,400,000 ₹ 15,400,000 ₹ 15,400,000 ₹ 15,400,000 ₹ 15,400,000
₹ 245,400,000 ₹ 245,400,000 ₹ 245,400,000 ₹ 245,400,000 ₹ 245,400,000 ₹ 245,400,000
34 34 34 34 34 34
17 17 17 17 17 17
6 6 6 6 6 6
11 11 11 11 11 11
₹ 134,784 ₹ 134,784 ₹ 134,784 ₹ 134,784 ₹ 134,784 ₹ 134,784

₹ 2,291,328 ₹ 2,291,328 ₹ 2,291,328 ₹ 2,291,328 ₹ 2,291,328 ₹ 2,291,328
₹ 20,736 ₹ 20,736 ₹ 20,736 ₹ 20,736 ₹ 20,736 ₹ 20,736

₹ 124,416 ₹ 124,416 ₹ 124,416 ₹ 124,416 ₹ 124,416 ₹ 124,416
₹ 14,515 ₹ 14,515 ₹ 14,515 ₹ 14,515 ₹ 14,515 ₹ 14,515

₹ 159,667 ₹ 159,667 ₹ 159,667 ₹ 159,667 ₹ 159,667 ₹ 159,667
₹ 2,575,411 ₹ 2,575,411 ₹ 2,575,411 ₹ 2,575,411 ₹ 2,575,411 ₹ 2,575,411
₹ 247,975,411 ₹ 247,975,411 ₹ 247,975,411 ₹ 247,975,411 ₹ 247,975,411 ₹ 247,975,411
₹ 3,698,664 ₹ 3,883,597 ₹ 4,077,777 ₹ 4,281,665 ₹ 4,495,749 ₹ 4,720,536

₹ 1,179 ₹ 1,179 ₹ 1,179 ₹ 1,179 ₹ 1,179 ₹ 1,179
3136 3293 3458 3630 3812 4003
₹ 5,271 ₹ 5,271 ₹ 5,271 ₹ 5,271 ₹ 5,271 ₹ 5,271

₹ 16,529,103 ₹ 17,356,613 ₹ 18,226,288 ₹ 19,132,859 ₹ 20,092,137 ₹ 21,098,852
₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301
₹ 264,522,816 ₹ 265,350,325 ₹ 266,220,001 ₹ 267,126,571 ₹ 268,085,850 ₹ 269,092,565
₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328

₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416
₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667
Company XYZ
Expense Assumptions Sheet
Amounts in INR
Month 1 Month 2 Month 3
Assumptions for the Monthly Period Apr-22 May-22 Jun-22
Direct Expenses ₹ 3,410,840 ₹ 3,418,095 ₹ 4,646,505

Fibre and chemicals
Material costs (% of revenue) ₹ 1,731,600 ₹ 1,735,300 ₹ 2,479,000
Bio-chemicals (% of revenue) ₹ 702,000 ₹ 703,500 ₹ 1,005,000
Utilities (% of revenue) ₹ 421,200 ₹ 422,100 ₹ 603,000
Labour ₹ 426,800 ₹ 426,800 ₹ 426,800
Factory and repair Expenses ₹ 120,000 ₹ 120,000 ₹ 120,000
Materials cost for D2C (as a % of D2C revenue) ₹ 9,240 ₹ 10,395 ₹ 12,705
Operating Expenses ₹ 1,640,180 ₹ 1,644,290 ₹ 1,671,200

Marketing Budget ₹ 20,000 ₹ 24,000 ₹ 28,800
Marketing Expense (Fibre) ₹ 37,500 ₹ 37,500 ₹ 37,500
Research and Development & Prototype Expenses ₹ 500,000 ₹ 500,000 ₹ 500,000
General Office Maintenance ₹ 320,000 ₹ 320,000 ₹ 320,000
Communication, travel, courier and conveyance ₹ 120,000 ₹ 120,000 ₹ 120,000
Legal and Proffesional ₹ 32,500 ₹ 32,500 ₹ 32,500
Other Miscellaneous Expenses ₹ 100,000 ₹ 100,000 ₹ 100,000
Payroll (Operating) ₹ 510,180 ₹ 510,290 ₹ 532,400
Total Expenses ₹ 5,051,020 ₹ 5,062,385 ₹ 6,317,705

Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23
₹ 4,648,815 ₹ 4,652,280 ₹ 4,701,495 ₹ 5,938,925 ₹ 6,336,300 ₹ 6,348,175 ₹ 6,356,260
₹ 2,479,000 ₹ 2,479,000 ₹ 2,506,750 ₹ 3,254,520 ₹ 3,254,520 ₹ 3,258,220 ₹ 3,258,220

₹ 1,005,000 ₹ 1,005,000 ₹ 1,016,250 ₹ 1,319,400 ₹ 1,319,400 ₹ 1,320,900 ₹ 1,320,900
₹ 603,000 ₹ 603,000 ₹ 609,750 ₹ 791,640 ₹ 791,640 ₹ 792,540 ₹ 792,540
₹ 426,800 ₹ 426,800 ₹ 426,800 ₹ 426,800 ₹ 818,400 ₹ 818,400 ₹ 818,400
₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000
₹ 15,015 ₹ 18,480 ₹ 21,945 ₹ 26,565 ₹ 32,340 ₹ 38,115 ₹ 46,200
₹ 1,676,960 ₹ 1,683,872 ₹ 1,692,991 ₹ 1,724,945 ₹ 1,794,089 ₹ 1,808,531 ₹ 1,825,731

₹ 34,560 ₹ 41,472 ₹ 49,766 ₹ 59,720 ₹ 71,664 ₹ 85,996 ₹ 103,196
₹ 37,500 ₹ 37,500 ₹ 37,500 ₹ 37,500 ₹ 37,500 ₹ 37,500 ₹ 37,500
₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000
₹ 320,000 ₹ 320,000 ₹ 320,000 ₹ 320,000 ₹ 320,000 ₹ 320,000 ₹ 320,000
₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000
₹ 32,500 ₹ 32,500 ₹ 32,500 ₹ 32,500 ₹ 32,500 ₹ 32,500 ₹ 32,500
₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000
₹ 532,400 ₹ 532,400 ₹ 533,225 ₹ 555,225 ₹ 612,425 ₹ 612,535 ₹ 612,535
₹ 6,325,775 ₹ 6,336,152 ₹ 6,394,486 ₹ 7,663,870 ₹ 8,130,389 ₹ 8,156,706 ₹ 8,181,991

Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23
₹ 6,371,600 ₹ 6,381,995 ₹ 10,223,484 ₹ 10,235,602 ₹ 10,305,154 ₹ 10,319,964
₹ 3,261,920 ₹ 3,261,920 ₹ 5,429,340 ₹ 5,429,340 ₹ 5,463,780 ₹ 5,463,780

₹ 1,322,400 ₹ 1,322,400 ₹ 2,171,736 ₹ 2,171,736 ₹ 2,185,512 ₹ 2,185,512
₹ 793,440 ₹ 793,440 ₹ 1,240,992 ₹ 1,240,992 ₹ 1,248,864 ₹ 1,248,864
₹ 818,400 ₹ 818,400 ₹ 900,240 ₹ 900,240 ₹ 900,240 ₹ 900,240
₹ 120,000 ₹ 120,000 ₹ 360,000 ₹ 360,000 ₹ 360,000 ₹ 360,000
₹ 55,440 ₹ 65,835 ₹ 121,176 ₹ 133,294 ₹ 146,758 ₹ 161,568
₹ 1,846,480 ₹ 1,871,247 ₹ 5,446,184 ₹ 5,462,530 ₹ 5,481,501 ₹ 5,501,280

₹ 123,835 ₹ 148,602 ₹ 163,462 ₹ 179,808 ₹ 197,789 ₹ 217,568
₹ 37,500 ₹ 37,500 ₹ 975,000 ₹ 975,000 ₹ 975,000 ₹ 975,000
₹ 500,000 ₹ 500,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000
₹ 320,000 ₹ 320,000 ₹ 800,000 ₹ 800,000 ₹ 800,000 ₹ 800,000
₹ 120,000 ₹ 120,000 ₹ 420,000 ₹ 420,000 ₹ 420,000 ₹ 420,000
₹ 32,500 ₹ 32,500 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000
₹ 100,000 ₹ 100,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000
₹ 612,645 ₹ 612,645 ₹ 1,822,722 ₹ 1,822,722 ₹ 1,823,712 ₹ 1,823,712
₹ 8,218,080 ₹ 8,253,242 ₹ 15,669,668 ₹ 15,698,132 ₹ 15,786,654 ₹ 15,821,244

Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24
₹ 14,324,774 ₹ 15,243,864 ₹ 15,318,802 ₹ 15,340,344 ₹ 15,364,579 ₹ 15,390,161
₹ 7,913,780 ₹ 7,913,780 ₹ 7,948,220 ₹ 7,948,220 ₹ 7,948,220 ₹ 7,948,220

₹ 3,165,512 ₹ 3,165,512 ₹ 3,179,288 ₹ 3,179,288 ₹ 3,179,288 ₹ 3,179,288
₹ 1,808,864 ₹ 1,808,864 ₹ 1,816,736 ₹ 1,816,736 ₹ 1,816,736 ₹ 1,816,736
₹ 900,240 ₹ 1,800,480 ₹ 1,800,480 ₹ 1,800,480 ₹ 1,800,480 ₹ 1,800,480
₹ 360,000 ₹ 360,000 ₹ 360,000 ₹ 360,000 ₹ 360,000 ₹ 360,000
₹ 176,378 ₹ 195,228 ₹ 214,078 ₹ 235,620 ₹ 259,855 ₹ 285,437
₹ 5,594,536 ₹ 5,744,309 ₹ 5,771,625 ₹ 5,800,583 ₹ 5,832,437 ₹ 5,867,476

₹ 239,324 ₹ 263,257 ₹ 289,583 ₹ 318,541 ₹ 350,395 ₹ 385,434
₹ 975,000 ₹ 975,000 ₹ 975,000 ₹ 975,000 ₹ 975,000 ₹ 975,000
₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000
₹ 800,000 ₹ 800,000 ₹ 800,000 ₹ 800,000 ₹ 800,000 ₹ 800,000
₹ 420,000 ₹ 420,000 ₹ 420,000 ₹ 420,000 ₹ 420,000 ₹ 420,000
₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000
₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000
₹ 1,895,212 ₹ 2,021,052 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042
₹ 19,919,311 ₹ 20,988,173 ₹ 21,090,426 ₹ 21,140,927 ₹ 21,197,016 ₹ 21,257,637

₹ 15,474,523 ₹ 15,505,490 ₹ 32,425,833 ₹ 32,476,014 ₹ 43,401,511 ₹ 43,514,801
₹ 7,982,660 ₹ 7,982,660 ₹ 19,093,717 ₹ 19,093,717 ₹ 24,865,717 ₹ 24,900,349

₹ 3,193,064 ₹ 3,193,064 ₹ 6,708,603 ₹ 6,708,603 ₹ 8,736,603 ₹ 8,748,771
₹ 1,824,608 ₹ 1,824,608 ₹ 3,612,325 ₹ 3,612,325 ₹ 4,704,325 ₹ 4,710,877
₹ 1,800,480 ₹ 1,800,480 ₹ 1,980,528 ₹ 1,980,528 ₹ 3,961,056 ₹ 3,961,056
₹ 360,000 ₹ 360,000 ₹ 540,000 ₹ 540,000 ₹ 540,000 ₹ 540,000
₹ 313,711 ₹ 344,678 ₹ 490,660 ₹ 540,841 ₹ 593,810 ₹ 653,748
₹ 5,907,010 ₹ 5,949,408 ₹ 9,247,405 ₹ 9,298,707 ₹ 9,791,486 ₹ 9,854,590

₹ 423,978 ₹ 466,376 ₹ 513,013 ₹ 564,315 ₹ 620,746 ₹ 682,821
₹ 975,000 ₹ 975,000 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500
₹ 1,000,000 ₹ 1,000,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000
₹ 800,000 ₹ 800,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000
₹ 420,000 ₹ 420,000 ₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000
₹ 65,000 ₹ 65,000 ₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000
₹ 200,000 ₹ 200,000 ₹ 220,000 ₹ 220,000 ₹ 220,000 ₹ 220,000
₹ 2,023,032 ₹ 2,023,032 ₹ 3,191,892 ₹ 3,191,892 ₹ 3,628,240 ₹ 3,629,270
₹ 21,381,533 ₹ 21,454,898 ₹ 41,673,238 ₹ 41,774,720 ₹ 53,192,997 ₹ 53,369,392
₹ 43,571,616
₹ 43,586,061 ₹ 43,657,151 ₹ 43,798,164 ₹ 43,885,981 ₹ 45,981,514 ₹ 46,087,452
₹ 24,904,078 ₹ 24,904,078 ₹ 24,944,038 ₹ 24,944,038 ₹ 26,242,768 ₹ 26,242,768

₹ 8,750,082 ₹ 8,750,082 ₹ 8,764,122 ₹ 8,764,122 ₹ 9,220,432 ₹ 9,220,432
₹ 4,711,582 ₹ 4,711,582 ₹ 4,719,142 ₹ 4,719,142 ₹ 4,964,848 ₹ 4,964,848
₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056
₹ 540,000 ₹ 540,000 ₹ 540,000 ₹ 540,000 ₹ 540,000 ₹ 540,000
₹ 719,263 ₹ 790,353 ₹ 869,806 ₹ 957,623 ₹ 1,052,410 ₹ 1,158,348
₹ 9,922,872 ₹ 9,997,983 ₹ 10,081,792 ₹ 10,172,675 ₹ 10,311,147 ₹ 10,421,116

₹ 751,103 ₹ 826,213 ₹ 908,834 ₹ 999,718 ₹ 1,099,690 ₹ 1,209,658
₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500
₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000
₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000
₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000
₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000
₹ 220,000 ₹ 220,000 ₹ 220,000 ₹ 220,000 ₹ 220,000 ₹ 220,000
₹ 3,629,270 ₹ 3,629,270 ₹ 3,630,458 ₹ 3,630,458 ₹ 3,668,958 ₹ 3,668,958
₹ 53,508,933 ₹ 53,655,134 ₹ 53,879,956 ₹ 54,058,657 ₹ 56,292,661 ₹ 56,508,568

₹ 46,256,499 ₹ 46,391,554 ₹ 73,322,327 ₹ 75,291,462 ₹ 75,380,586 ₹ 75,474,022
₹ 26,277,400 ₹ 26,282,728 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837

₹ 9,232,600 ₹ 9,234,472 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109
₹ 4,971,400 ₹ 4,972,408 ₹ 7,257,055 ₹ 7,257,055 ₹ 7,257,055 ₹ 7,257,055
₹ 3,961,056 ₹ 3,961,056 ₹ 4,357,162 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922
₹ 540,000 ₹ 540,000 ₹ 756,000 ₹ 756,000 ₹ 756,000 ₹ 756,000
₹ 1,274,043 ₹ 1,400,890 ₹ 1,686,164 ₹ 1,769,538 ₹ 1,858,662 ₹ 1,952,098
₹ 10,543,112 ₹ 11,511,122 ₹ 15,210,757 ₹ 15,592,133 ₹ 15,672,819 ₹ 15,757,539

₹ 1,330,624 ₹ 1,463,687 ₹ 1,536,871 ₹ 1,613,715 ₹ 1,694,400 ₹ 1,779,120
₹ 1,462,500 ₹ 1,462,500 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750
₹ 1,500,000 ₹ 1,500,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000
₹ 1,600,000 ₹ 1,600,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000
₹ 630,000 ₹ 630,000 ₹ 837,900 ₹ 837,900 ₹ 837,900 ₹ 837,900
₹ 130,000 ₹ 130,000 ₹ 260,000 ₹ 260,000 ₹ 260,000 ₹ 260,000
₹ 220,000 ₹ 220,000 ₹ 242,000 ₹ 242,000 ₹ 242,000 ₹ 242,000
₹ 3,669,987 ₹ 4,504,936 ₹ 5,490,236 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769
₹ 56,799,610 ₹ 57,902,676 ₹ 88,533,084 ₹ 90,883,595 ₹ 91,053,405 ₹ 91,231,561

₹ 75,571,770 ₹ 75,673,832 ₹ 75,781,643 ₹ 75,893,766 ₹ 76,013,077 ₹ 76,136,700
₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837

₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109
₹ 7,257,055 ₹ 7,257,055 ₹ 7,257,055 ₹ 7,257,055 ₹ 7,257,055 ₹ 7,257,055
₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922
₹ 756,000 ₹ 756,000 ₹ 756,000 ₹ 756,000 ₹ 756,000 ₹ 756,000
₹ 2,049,846 ₹ 2,151,908 ₹ 2,259,719 ₹ 2,371,842 ₹ 2,491,153 ₹ 2,614,776
₹ 15,846,495 ₹ 15,939,899 ₹ 16,037,973 ₹ 16,140,951 ₹ 16,249,077 ₹ 16,362,610

₹ 1,868,076 ₹ 1,961,480 ₹ 2,059,554 ₹ 2,162,532 ₹ 2,270,659 ₹ 2,384,192
₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750
₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000
₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000
₹ 837,900 ₹ 837,900 ₹ 837,900 ₹ 837,900 ₹ 837,900 ₹ 837,900
₹ 260,000 ₹ 260,000 ₹ 260,000 ₹ 260,000 ₹ 260,000 ₹ 260,000
₹ 242,000 ₹ 242,000 ₹ 242,000 ₹ 242,000 ₹ 242,000 ₹ 242,000
₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769
₹ 91,418,266 ₹ 91,613,731 ₹ 91,819,616 ₹ 92,034,717 ₹ 92,262,154 ₹ 92,499,310

₹ 76,267,511 ₹ 76,405,509 ₹ 147,689,893 ₹ 147,862,563 ₹ 148,044,088 ₹ 148,234,468
₹ 44,751,837 ₹ 44,751,837 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902

₹ 14,514,109 ₹ 14,514,109 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049
₹ 7,257,055 ₹ 7,257,055 ₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525
₹ 6,242,922 ₹ 6,242,922 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215
₹ 756,000 ₹ 756,000 ₹ 982,800 ₹ 982,800 ₹ 982,800 ₹ 982,800
₹ 2,745,587 ₹ 2,883,585 ₹ 3,453,402 ₹ 3,626,072 ₹ 3,807,597 ₹ 3,997,977
₹ 16,481,820 ₹ 16,606,990 ₹ 22,125,684 ₹ 22,263,684 ₹ 22,408,584 ₹ 22,560,729

₹ 2,503,401 ₹ 2,628,571 ₹ 2,760,000 ₹ 2,898,000 ₹ 3,042,900 ₹ 3,195,045
₹ 2,193,750 ₹ 2,193,750 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625
₹ 2,250,000 ₹ 2,250,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000
₹ 2,400,000 ₹ 2,400,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000
₹ 837,900 ₹ 837,900 ₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690
₹ 260,000 ₹ 260,000 ₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000
₹ 242,000 ₹ 242,000 ₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200
₹ 5,794,769 ₹ 5,794,769 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169
₹ 92,749,331 ₹ 93,012,499 ₹ 169,815,577 ₹ 170,126,247 ₹ 170,452,672 ₹ 170,795,196

₹ 148,435,178 ₹ 148,644,744 ₹ 148,864,640 ₹ 149,096,342 ₹ 149,339,851 ₹ 149,593,691
₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902

₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049
₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525
₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215
₹ 982,800 ₹ 982,800 ₹ 982,800 ₹ 982,800 ₹ 982,800 ₹ 982,800
₹ 4,198,687 ₹ 4,408,253 ₹ 4,628,149 ₹ 4,859,852 ₹ 5,103,361 ₹ 5,357,200
₹ 22,720,481 ₹ 22,888,221 ₹ 23,064,348 ₹ 23,249,281 ₹ 23,443,461 ₹ 23,647,350

₹ 3,354,797 ₹ 3,522,537 ₹ 3,698,664 ₹ 3,883,597 ₹ 4,077,777 ₹ 4,281,665
₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625
₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000
₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000
₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690
₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000
₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200
₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169
₹ 171,155,659 ₹ 171,532,964 ₹ 171,928,987 ₹ 172,345,623 ₹ 172,783,312 ₹ 173,241,041

Month 59 Month 60 Month 61 Month 62 Month 63
Feb-27 Mar-27 Apr-27 May-27 Jun-27
₹ 149,862,289 ₹ 150,144,169 ### ₹ 150,144,169 ₹ 150,144,169
₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902

₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049
₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525 ₹ 14,878,525
₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215
₹ 982,800 ₹ 982,800 ₹ 982,800 ₹ 982,800 ₹ 982,800
₹ 5,625,798 ₹ 5,907,679 ₹ 5,907,679 ₹ 5,907,679 ₹ 5,907,679
₹ 23,861,433 ₹ 24,086,220 ₹ 24,086,220 ₹ 24,086,220 ₹ 24,086,220

₹ 4,495,749 ₹ 4,720,536 ₹ 4,720,536 ₹ 4,720,536 ₹ 4,720,536
₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625
₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000
₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000
₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690
₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000
₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200
₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169
₹ 173,723,722 ₹ 174,230,390 ### ₹ 174,230,390 ₹ 174,230,390

Company XYZ
Payroll Sheet
Amounts in INR
Month 1 Month 2 Month 3 Month 4 Month 5
Assumptions for the Monthly Period Apr-22 May-22 Jun-22 Jul-22 Aug-22
No. of Employees
Top Management
CEO 1 1 1 1 1
COO 1 1 1 1 1
CMO 1 1 1 1 1
Factory Staff
Factory Supervisor 2 2 2 2 2
Boiler Supervisor 2 2 2 2 2
Quality Engineer 1 1 1 1 1
Factory Workers 16 16 16 16 16
R&D Department 1 1 1 1 1
Marketing Department 1 1 1 1 1
Cluster Department 1 1 1 1 1
Security 1 1 1 1 1
Cleaning 1 1 1 1 1
Marketing (Natloop) 1 1 1 1 1
Marketing (Hemptex) 1 1 1 1 1
Total Number of Employees 31 29 29 29 29
Monthly Compensation (Direct Expenses)

Factory Staff
Factory Supervisor ₹ 60,000 ₹ 60,000 ₹ 60,000 ₹ 60,000 ₹ 60,000
Boiler Supervisor ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000
Quality Engineer ₹ 32,000 ₹ 32,000 ₹ 32,000 ₹ 32,000 ₹ 32,000
Factory Workers ₹ 256,000 ₹ 256,000 ₹ 256,000 ₹ 256,000 ₹ 256,000
Total Monthly Compensation ₹ 388,000 ₹ 388,000 ₹ 388,000 ₹ 388,000 ₹ 388,000
Taxes and other benefits ₹ 38,800 ₹ 38,800 ₹ 38,800 ₹ 38,800 ₹ 38,800
Total Payroll Expense (Direct) ₹ 426,800 ₹ 426,800 ₹ 426,800 ₹ 426,800 ₹ 426,800
Monthly Compensation (Indirect Expenses)

Top Management
CEO ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000
COO ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000
CMO ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000
R&D Department ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000
Marketing Department ₹0 ₹0 ₹0 ₹0 ₹0
Cluster Department ₹0 ₹0 ₹0 ₹0 ₹0
Sales Lead ₹ 46,800 ₹ 46,900 ₹ 67,000 ₹ 67,000 ₹ 67,000
Security ₹ 32,000 ₹ 32,000 ₹ 32,000 ₹ 32,000 ₹ 32,000
Cleaning ₹ 20,000 ₹ 20,000 ₹ 20,000 ₹ 20,000 ₹ 20,000
Marketing (Natloop) ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000
Marketing (Hemptex) ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000
Total Monthly Compensation ₹ 463,800 ₹ 463,900 ₹ 484,000 ₹ 484,000 ₹ 484,000
Taxes and other benefits ₹ 46,380 ₹ 46,390 ₹ 48,400 ₹ 48,400 ₹ 48,400
Total Payroll Expense (Operating) ₹ 510,180 ₹ 510,290 ₹ 532,400 ₹ 532,400 ₹ 532,400

Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Month 13 Month 14
Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
2 2 4 4 4 4 4 4 4
2 2 4 4 4 4 4 4 4
1 1 2 2 2 2 2 2 2
16 16 30 30 30 30 30 30 30
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 2 2 2 2 2 2 2
1 1 2 2 2 2 2 2 2
1 1 1 1 1 1 1 2 2
1 1 1 1 1 1 1 2 2
29 29 50 50 50 50 50 54 50
₹ 60,000 ₹ 60,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 132,000 ₹ 132,000

₹ 40,000 ₹ 40,000 ₹ 80,000 ₹ 80,000 ₹ 80,000 ₹ 80,000 ₹ 80,000 ₹ 88,000 ₹ 88,000
₹ 32,000 ₹ 32,000 ₹ 64,000 ₹ 64,000 ₹ 64,000 ₹ 64,000 ₹ 64,000 ₹ 70,400 ₹ 70,400
₹ 256,000 ₹ 256,000 ₹ 480,000 ₹ 480,000 ₹ 480,000 ₹ 480,000 ₹ 480,000 ₹ 528,000 ₹ 528,000
₹ 388,000 ₹ 388,000 ₹ 744,000 ₹ 744,000 ₹ 744,000 ₹ 744,000 ₹ 744,000 ₹ 818,400 ₹ 818,400
₹ 38,800 ₹ 38,800 ₹ 74,400 ₹ 74,400 ₹ 74,400 ₹ 74,400 ₹ 74,400 ₹ 81,840 ₹ 81,840
₹ 426,800 ₹ 426,800 ₹ 818,400 ₹ 818,400 ₹ 818,400 ₹ 818,400 ₹ 818,400 ₹ 900,240 ₹ 900,240
₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 350,000 ₹ 350,000

₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 350,000 ₹ 350,000
₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 200,000 ₹ 200,000
₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 100,000 ₹ 100,000

₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹ 100,000 ₹ 100,000
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹ 100,000 ₹ 100,000
₹ 67,750 ₹ 87,750 ₹ 87,750 ₹ 87,850 ₹ 87,850 ₹ 87,950 ₹ 87,950 ₹ 144,620 ₹ 144,620
₹ 32,000 ₹ 32,000 ₹ 64,000 ₹ 64,000 ₹ 64,000 ₹ 64,000 ₹ 64,000 ₹ 70,400 ₹ 70,400
₹ 20,000 ₹ 20,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 40,000 ₹ 44,000 ₹ 44,000
₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 35,000 ₹ 77,000 ₹ 77,000
₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 55,000 ₹ 121,000 ₹ 121,000
₹ 484,750 ₹ 504,750 ₹ 556,750 ₹ 556,850 ₹ 556,850 ₹ 556,950 ₹ 556,950 ₹ 1,657,020 ₹ 1,657,020
₹ 48,475 ₹ 50,475 ₹ 55,675 ₹ 55,685 ₹ 55,685 ₹ 55,695 ₹ 55,695 ₹ 165,702 ₹ 165,702
₹ 533,225 ₹ 555,225 ₹ 612,425 ₹ 612,535 ₹ 612,535 ₹ 612,645 ₹ 612,645 ₹ 1,822,722 ₹ 1,822,722

Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
4 4 4 8 8 8 8 8 8
4 4 4 8 8 8 8 8 8
2 2 2 4 4 4 4 4 4
30 30 30 60 60 60 60 60 60
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
2 2 2 4 4 4 4 4 4
2 2 2 4 4 4 4 4 4
2 2 2 2 2 2 2 2 2
2 2 2 2 2 2 2 2 2
50 50 50 94 94 94 94 94 94
₹ 132,000 ₹ 132,000 ₹ 132,000 ₹ 264,000 ₹ 264,000 ₹ 264,000 ₹ 264,000 ₹ 264,000 ₹ 264,000

₹ 88,000 ₹ 88,000 ₹ 88,000 ₹ 176,000 ₹ 176,000 ₹ 176,000 ₹ 176,000 ₹ 176,000 ₹ 176,000
₹ 70,400 ₹ 70,400 ₹ 70,400 ₹ 140,800 ₹ 140,800 ₹ 140,800 ₹ 140,800 ₹ 140,800 ₹ 140,800
₹ 528,000 ₹ 528,000 ₹ 528,000 ₹ 1,056,000 ₹ 1,056,000 ₹ 1,056,000 ₹ 1,056,000 ₹ 1,056,000 ₹ 1,056,000
₹ 818,400 ₹ 818,400 ₹ 818,400 ₹ 1,636,800 ₹ 1,636,800 ₹ 1,636,800 ₹ 1,636,800 ₹ 1,636,800 ₹ 1,636,800
₹ 81,840 ₹ 81,840 ₹ 81,840 ₹ 163,680 ₹ 163,680 ₹ 163,680 ₹ 163,680 ₹ 163,680 ₹ 163,680
₹ 900,240 ₹ 900,240 ₹ 900,240 ₹ 1,800,480 ₹ 1,800,480 ₹ 1,800,480 ₹ 1,800,480 ₹ 1,800,480 ₹ 1,800,480
₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000

₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000 ₹ 350,000
₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000
₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000

₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000
₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000
₹ 145,520 ₹ 145,520 ₹ 210,520 ₹ 210,520 ₹ 211,420 ₹ 211,420 ₹ 211,420 ₹ 211,420 ₹ 212,320
₹ 70,400 ₹ 70,400 ₹ 70,400 ₹ 140,800 ₹ 140,800 ₹ 140,800 ₹ 140,800 ₹ 140,800 ₹ 140,800
₹ 44,000 ₹ 44,000 ₹ 44,000 ₹ 88,000 ₹ 88,000 ₹ 88,000 ₹ 88,000 ₹ 88,000 ₹ 88,000
₹ 77,000 ₹ 77,000 ₹ 77,000 ₹ 77,000 ₹ 77,000 ₹ 77,000 ₹ 77,000 ₹ 77,000 ₹ 77,000
₹ 121,000 ₹ 121,000 ₹ 121,000 ₹ 121,000 ₹ 121,000 ₹ 121,000 ₹ 121,000 ₹ 121,000 ₹ 121,000
₹ 1,657,920 ₹ 1,657,920 ₹ 1,722,920 ₹ 1,837,320 ₹ 1,838,220 ₹ 1,838,220 ₹ 1,838,220 ₹ 1,838,220 ₹ 1,839,120
₹ 165,792 ₹ 165,792 ₹ 172,292 ₹ 183,732 ₹ 183,822 ₹ 183,822 ₹ 183,822 ₹ 183,822 ₹ 183,912
₹ 1,823,712 ₹ 1,823,712 ₹ 1,895,212 ₹ 2,021,052 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,023,032

Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
8 8 8 16 16 16 16 16 16
8 8 8 16 16 16 16 16 16
4 4 4 8 8 8 8 8 8
60 60 60 120 120 120 120 120 120
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1
4 4 4 8 8 8 8 8 8
4 4 4 8 8 8 8 8 8
2 2 2 2 2 2 2 2 2
2 2 2 2 2 2 2 2 2
94 94 94 182 182 182 182 182 182
₹ 264,000 ₹ 290,400 ₹ 290,400 ₹ 580,800 ₹ 580,800 ₹ 580,800 ₹ 580,800 ₹ 580,800 ₹ 580,800

₹ 176,000 ₹ 193,600 ₹ 193,600 ₹ 387,200 ₹ 387,200 ₹ 387,200 ₹ 387,200 ₹ 387,200 ₹ 387,200
₹ 140,800 ₹ 154,880 ₹ 154,880 ₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 309,760
₹ 1,056,000 ₹ 1,161,600 ₹ 1,161,600 ₹ 2,323,200 ₹ 2,323,200 ₹ 2,323,200 ₹ 2,323,200 ₹ 2,323,200 ₹ 2,323,200
₹ 1,636,800 ₹ 1,800,480 ₹ 1,800,480 ₹ 3,600,960 ₹ 3,600,960 ₹ 3,600,960 ₹ 3,600,960 ₹ 3,600,960 ₹ 3,600,960
₹ 163,680 ₹ 180,048 ₹ 180,048 ₹ 360,096 ₹ 360,096 ₹ 360,096 ₹ 360,096 ₹ 360,096 ₹ 360,096
₹ 1,800,480 ₹ 1,980,528 ₹ 1,980,528 ₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056
₹ 350,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000

₹ 350,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000
₹ 200,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000
₹ 100,000 ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 150,000

₹ 100,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000
₹ 100,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 250,000
₹ 212,320 ₹ 482,240 ₹ 482,240 ₹ 627,240 ₹ 628,176 ₹ 628,176 ₹ 628,176 ₹ 629,256 ₹ 629,256
₹ 140,800 ₹ 154,880 ₹ 154,880 ₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 309,760
₹ 88,000 ₹ 96,800 ₹ 96,800 ₹ 193,600 ₹ 193,600 ₹ 193,600 ₹ 193,600 ₹ 193,600 ₹ 193,600
₹ 77,000 ₹ 84,700 ₹ 84,700 ₹ 84,700 ₹ 84,700 ₹ 84,700 ₹ 84,700 ₹ 84,700 ₹ 84,700
₹ 121,000 ₹ 133,100 ₹ 133,100 ₹ 133,100 ₹ 133,100 ₹ 133,100 ₹ 133,100 ₹ 133,100 ₹ 133,100
₹ 1,839,120 ₹ 2,901,720 ₹ 2,901,720 ₹ 3,298,400 ₹ 3,299,336 ₹ 3,299,336 ₹ 3,299,336 ₹ 3,300,416 ₹ 3,300,416
₹ 183,912 ₹ 290,172 ₹ 290,172 ₹ 329,840 ₹ 329,934 ₹ 329,934 ₹ 329,934 ₹ 330,042 ₹ 330,042
₹ 2,023,032 ₹ 3,191,892 ₹ 3,191,892 ₹ 3,628,240 ₹ 3,629,270 ₹ 3,629,270 ₹ 3,629,270 ₹ 3,630,458 ₹ 3,630,458

Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
16 16 16 16 16 20 20 20
16 16 16 16 16 20 20 20
8 8 8 8 8 12 12 12
120 120 120 120 120 180 180 180
1 1 1 2 2 2 2 2
1 1 1 2 2 2 2 2
1 1 1 2 2 2 2 2
8 8 8 8 8 12 12 12
8 8 8 8 8 12 12 12
2 2 2 3 3 3 3 3
2 2 2 3 3 3 3 3
182 182 182 185 191 265 265 265
₹ 580,800 ₹ 580,800 ₹ 580,800 ₹ 580,800 ₹ 638,880 ₹ 798,600 ₹ 798,600 ₹ 798,600

₹ 387,200 ₹ 387,200 ₹ 387,200 ₹ 387,200 ₹ 425,920 ₹ 532,400 ₹ 532,400 ₹ 532,400
₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 340,736 ₹ 511,104 ₹ 511,104 ₹ 511,104
₹ 2,323,200 ₹ 2,323,200 ₹ 2,323,200 ₹ 2,323,200 ₹ 2,555,520 ₹ 3,833,280 ₹ 3,833,280 ₹ 3,833,280
₹ 3,600,960 ₹ 3,600,960 ₹ 3,600,960 ₹ 3,600,960 ₹ 3,961,056 ₹ 5,675,384 ₹ 5,675,384 ₹ 5,675,384
₹ 360,096 ₹ 360,096 ₹ 360,096 ₹ 360,096 ₹ 396,106 ₹ 567,538 ₹ 567,538 ₹ 567,538
₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056 ₹ 3,961,056 ₹ 4,357,162 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922
₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000

₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000
₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 400,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000
₹ 150,000 ₹ 150,000 ₹ 150,000 ₹ 300,000 ₹ 450,000 ₹ 450,000 ₹ 450,000 ₹ 450,000

₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 500,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000
₹ 250,000 ₹ 250,000 ₹ 250,000 ₹ 500,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000
₹ 664,256 ₹ 664,256 ₹ 665,192 ₹ 665,336 ₹ 1,098,058 ₹ 1,098,058 ₹ 1,098,058 ₹ 1,098,058
₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 309,760 ₹ 340,736 ₹ 511,104 ₹ 511,104 ₹ 511,104
₹ 193,600 ₹ 193,600 ₹ 193,600 ₹ 193,600 ₹ 212,960 ₹ 319,440 ₹ 319,440 ₹ 319,440
₹ 84,700 ₹ 84,700 ₹ 84,700 ₹ 127,050 ₹ 139,755 ₹ 139,755 ₹ 139,755 ₹ 139,755
₹ 133,100 ₹ 133,100 ₹ 133,100 ₹ 199,650 ₹ 219,615 ₹ 219,615 ₹ 219,615 ₹ 219,615
₹ 3,335,416 ₹ 3,335,416 ₹ 3,336,352 ₹ 4,095,396 ₹ 4,991,124 ₹ 5,267,972 ₹ 5,267,972 ₹ 5,267,972
₹ 333,542 ₹ 333,542 ₹ 333,635 ₹ 409,540 ₹ 499,112 ₹ 526,797 ₹ 526,797 ₹ 526,797
₹ 3,668,958 ₹ 3,668,958 ₹ 3,669,987 ₹ 4,504,936 ₹ 5,490,236 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769

1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
20 20 20 20 20 20 20 20
20 20 20 20 20 20 20 20
12 12 12 12 12 12 12 12
180 180 180 180 180 180 180 180
2 2 2 2 2 2 2 2
2 2 2 2 2 2 2 2
2 2 2 2 2 2 2 2
12 12 12 12 12 12 12 12
12 12 12 12 12 12 12 12
3 3 3 3 3 3 3 3
3 3 3 3 3 3 3 3
265 265 265 265 265 265 265 265
₹ 798,600 ₹ 798,600 ₹ 798,600 ₹ 798,600 ₹ 798,600 ₹ 798,600 ₹ 798,600 ₹ 798,600

₹ 532,400 ₹ 532,400 ₹ 532,400 ₹ 532,400 ₹ 532,400 ₹ 532,400 ₹ 532,400 ₹ 532,400
₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104
₹ 3,833,280 ₹ 3,833,280 ₹ 3,833,280 ₹ 3,833,280 ₹ 3,833,280 ₹ 3,833,280 ₹ 3,833,280 ₹ 3,833,280
₹ 5,675,384 ₹ 5,675,384 ₹ 5,675,384 ₹ 5,675,384 ₹ 5,675,384 ₹ 5,675,384 ₹ 5,675,384 ₹ 5,675,384
₹ 567,538 ₹ 567,538 ₹ 567,538 ₹ 567,538 ₹ 567,538 ₹ 567,538 ₹ 567,538 ₹ 567,538
₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922
₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000

₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000
₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000 ₹ 440,000
₹ 450,000 ₹ 450,000 ₹ 450,000 ₹ 450,000 ₹ 450,000 ₹ 450,000 ₹ 450,000 ₹ 450,000

₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000
₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000 ₹ 550,000
₹ 1,098,058 ₹ 1,098,058 ₹ 1,098,058 ₹ 1,098,058 ₹ 1,098,058 ₹ 1,098,058 ₹ 1,098,058 ₹ 1,098,058
₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104 ₹ 511,104
₹ 319,440 ₹ 319,440 ₹ 319,440 ₹ 319,440 ₹ 319,440 ₹ 319,440 ₹ 319,440 ₹ 319,440
₹ 139,755 ₹ 139,755 ₹ 139,755 ₹ 139,755 ₹ 139,755 ₹ 139,755 ₹ 139,755 ₹ 139,755
₹ 219,615 ₹ 219,615 ₹ 219,615 ₹ 219,615 ₹ 219,615 ₹ 219,615 ₹ 219,615 ₹ 219,615
₹ 5,267,972 ₹ 5,267,972 ₹ 5,267,972 ₹ 5,267,972 ₹ 5,267,972 ₹ 5,267,972 ₹ 5,267,972 ₹ 5,267,972
₹ 526,797 ₹ 526,797 ₹ 526,797 ₹ 526,797 ₹ 526,797 ₹ 526,797 ₹ 526,797 ₹ 526,797
₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769

Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Oct-26 Nov-26
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
20 20 20 20 20 20 20 20
20 20 20 20 20 20 20 20
12 12 12 12 12 12 12 12
180 180 180 180 180 180 180 180
2 2 2 2 2 2 2 2
2 2 2 2 2 2 2 2
2 2 2 2 2 2 2 2
12 12 12 12 12 12 12 12
12 12 12 12 12 12 12 12
3 3 3 3 3 3 3 3
3 3 3 3 3 3 3 3
265 265 265 265 265 265 265 265
₹ 878,460 ₹ 878,460 ₹ 878,460 ₹ 878,460 ₹ 878,460 ₹ 878,460 ₹ 878,460 ₹ 878,460

₹ 585,640 ₹ 585,640 ₹ 585,640 ₹ 585,640 ₹ 585,640 ₹ 585,640 ₹ 585,640 ₹ 585,640
₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214
₹ 4,216,608 ₹ 4,216,608 ₹ 4,216,608 ₹ 4,216,608 ₹ 4,216,608 ₹ 4,216,608 ₹ 4,216,608 ₹ 4,216,608
₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922
₹ 624,292 ₹ 624,292 ₹ 624,292 ₹ 624,292 ₹ 624,292 ₹ 624,292 ₹ 624,292 ₹ 624,292
₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215
₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000

₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000
₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000
₹ 675,000 ₹ 675,000 ₹ 675,000 ₹ 675,000 ₹ 675,000 ₹ 675,000 ₹ 675,000 ₹ 675,000

₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000
₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000
₹ 2,324,157 ₹ 2,324,157 ₹ 2,324,157 ₹ 2,324,157 ₹ 2,324,157 ₹ 2,324,157 ₹ 2,324,157 ₹ 2,324,157
₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214
₹ 351,384 ₹ 351,384 ₹ 351,384 ₹ 351,384 ₹ 351,384 ₹ 351,384 ₹ 351,384 ₹ 351,384
₹ 153,731 ₹ 153,731 ₹ 153,731 ₹ 153,731 ₹ 153,731 ₹ 153,731 ₹ 153,731 ₹ 153,731
₹ 241,577 ₹ 241,577 ₹ 241,577 ₹ 241,577 ₹ 241,577 ₹ 241,577 ₹ 241,577 ₹ 241,577
₹ 7,091,063 ₹ 7,091,063 ₹ 7,091,063 ₹ 7,091,063 ₹ 7,091,063 ₹ 7,091,063 ₹ 7,091,063 ₹ 7,091,063
₹ 709,106 ₹ 709,106 ₹ 709,106 ₹ 709,106 ₹ 709,106 ₹ 709,106 ₹ 709,106 ₹ 709,106
₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169

Dec-26 Jan-27 Feb-27 Mar-27
1 1 1 1
1 1 1 1
1 1 1 1
20 20 20 20
20 20 20 20
12 12 12 12
180 180 180 180
2 2 2 2
2 2 2 2
2 2 2 2
12 12 12 12
12 12 12 12
3 3 3 3
3 3 3 3
265 265 265 265
₹ 878,460 ₹ 878,460 ₹ 878,460 ₹ 878,460

₹ 585,640 ₹ 585,640 ₹ 585,640 ₹ 585,640
₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214
₹ 4,216,608 ₹ 4,216,608 ₹ 4,216,608 ₹ 4,216,608
₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922 ₹ 6,242,922
₹ 624,292 ₹ 624,292 ₹ 624,292 ₹ 624,292
₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215 ₹ 6,867,215
₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000

₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000
₹ 484,000 ₹ 484,000 ₹ 484,000 ₹ 484,000
₹ 675,000 ₹ 675,000 ₹ 675,000 ₹ 675,000

₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000
₹ 605,000 ₹ 605,000 ₹ 605,000 ₹ 605,000
₹ 2,324,157 ₹ 2,324,157 ₹ 2,324,157 ₹ 2,324,157
₹ 562,214 ₹ 562,214 ₹ 562,214 ₹ 562,214
₹ 351,384 ₹ 351,384 ₹ 351,384 ₹ 351,384
₹ 153,731 ₹ 153,731 ₹ 153,731 ₹ 153,731
₹ 241,577 ₹ 241,577 ₹ 241,577 ₹ 241,577
₹ 7,091,063 ₹ 7,091,063 ₹ 7,091,063 ₹ 7,091,063
₹ 709,106 ₹ 709,106 ₹ 709,106 ₹ 709,106
₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169

Company XYZ
Fixed Assets Schedules Sheet
Amounts in INR
Fixed Assets
Building and Other Infrastructure

Monthly Depreciation 1%
Opening Balance ₹0 ₹0 ₹0 ₹0
Additions ₹0 ₹0 ₹0 ₹0
Depreciation ₹0 ₹0 ₹0 ₹0
Closing Balance ₹0 ₹0 ₹0 ₹0
Factory and Equipments

Opening Balance ₹ 3,697,127 ₹ 8,131,550 ₹ 8,066,498 ₹ 8,001,966

Additions ₹ 4,500,000 ₹0 ₹0 ₹0
Depreciation ₹ 65,577 ₹ 65,052 ₹ 64,532 ₹ 64,016
Closing Balance ₹ 8,131,550 ₹ 8,066,498 ₹ 8,001,966 ₹ 7,937,950
Cluster Development
Opening Balance ₹0 ₹0 ₹0 ₹0
Additions ₹0 ₹0 ₹0 ₹0
Depreciation ₹0 ₹0 ₹0 ₹0
Closing Balance ₹0 ₹0 ₹0 ₹0
Office Furniture
Opening Balance ₹ 272,925 ₹ 667,542 ₹ 662,201 ₹ 656,904

Additions ₹ 400,000 ₹0 ₹0 ₹0
Depreciation ₹ 5,383 ₹ 5,340 ₹ 5,298 ₹ 5,255
Closing Balance ₹ 667,542 ₹ 662,201 ₹ 656,904 ₹ 651,648
Total Capex ₹ 4,900,000 ₹0 ₹0 ₹0

Total Depreciation ₹ 96,433 ₹ 95,865 ₹ 95,302 ₹ 94,743
Net Closing Value ₹ 11,957,658 ₹ 11,861,793 ₹ 11,766,491 ₹ 11,671,748
Deferred Revenue Expenses (R&D and Incorporation Expenses)
Monthly Write-offs 1% 1% 1% 1%
Opening Balance ₹ 3,184,039 ₹ 3,158,567 ₹ 3,133,094 ₹ 3,107,622

Written off ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
Closing Balance ₹ 3,158,567 ₹ 3,133,094 ₹ 3,107,622 ₹ 3,082,150
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 7,937,950 ₹ 7,874,446 ₹ 7,811,451 ₹ 10,972,959 ₹ 10,885,175 ₹ 10,798,094

₹0 ₹0 ₹ 3,250,000 ₹0 ₹0 ₹0
₹ 63,504 ₹ 62,996 ₹ 88,492 ₹ 87,784 ₹ 87,081 ₹ 86,385
₹ 7,874,446 ₹ 7,811,451 ₹ 10,972,959 ₹ 10,885,175 ₹ 10,798,094 ₹ 10,711,709
₹0 ₹0 ₹0 ₹ 1,736,000 ₹ 1,722,112 ₹ 1,708,335

₹0 ₹0 ₹ 1,750,000 ₹0 ₹0 ₹0
₹0 ₹0 ₹ 14,000 ₹ 13,888 ₹ 13,777 ₹ 13,667
₹0 ₹0 ₹ 1,736,000 ₹ 1,722,112 ₹ 1,708,335 ₹ 1,694,668
₹ 651,648 ₹ 646,435 ₹ 641,264 ₹ 636,134 ₹ 631,045 ₹ 625,996

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 5,213 ₹ 5,171 ₹ 5,130 ₹ 5,089 ₹ 5,048 ₹ 5,008
₹ 646,435 ₹ 641,264 ₹ 636,134 ₹ 631,045 ₹ 625,996 ₹ 620,988
₹0 ₹0 ₹ 5,000,000 ₹0 ₹0 ₹0
₹ 94,189 ₹ 93,639 ₹ 133,094 ₹ 132,233 ₹ 131,379 ₹ 130,532
₹ 11,577,559 ₹ 11,483,920 ₹ 16,350,826 ₹ 16,218,593 ₹ 16,087,214 ₹ 15,956,682
1% 1% 1% 1% 1% 1%
₹ 3,082,150 ₹ 3,056,677 ₹ 3,031,205 ₹ 3,005,733 ₹ 2,980,261 ₹ 2,954,788

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 3,056,677 ₹ 3,031,205 ₹ 3,005,733 ₹ 2,980,261 ₹ 2,954,788 ₹ 2,929,316
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 10,711,709 ₹ 10,626,016 ₹ 10,541,007 ₹ 24,964,679 ₹ 24,764,962 ₹ 24,566,842

₹0 ₹0 ₹ 14,625,000 ₹0 ₹0 ₹0
₹ 85,694 ₹ 85,008 ₹ 201,328 ₹ 199,717 ₹ 198,120 ₹ 196,535
₹ 10,626,016 ₹ 10,541,007 ₹ 24,964,679 ₹ 24,764,962 ₹ 24,566,842 ₹ 24,370,308
₹ 1,694,668 ₹ 1,681,111 ₹ 1,667,662 ₹ 9,466,321 ₹ 9,390,590 ₹ 9,315,466

₹0 ₹0 ₹ 7,875,000 ₹0 ₹0 ₹0
₹ 13,557 ₹ 13,449 ₹ 76,341 ₹ 75,731 ₹ 75,125 ₹ 74,524
₹ 1,681,111 ₹ 1,667,662 ₹ 9,466,321 ₹ 9,390,590 ₹ 9,315,466 ₹ 9,240,942
₹ 620,988 ₹ 616,020 ₹ 611,092 ₹ 606,203 ₹ 601,354 ₹ 596,543

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 4,968 ₹ 4,928 ₹ 4,889 ₹ 4,850 ₹ 4,811 ₹ 4,772
₹ 616,020 ₹ 611,092 ₹ 606,203 ₹ 601,354 ₹ 596,543 ₹ 591,771
₹0 ₹0 ₹ 22,500,000 ₹0 ₹0 ₹0
₹ 129,691 ₹ 128,857 ₹ 308,030 ₹ 305,770 ₹ 303,528 ₹ 301,303
₹ 15,826,991 ₹ 15,698,133 ₹ 37,890,103 ₹ 37,584,333 ₹ 37,280,805 ₹ 36,979,502
1% 1% 1% 1% 1% 1%
₹ 2,929,316 ₹ 2,903,844 ₹ 2,878,371 ₹ 2,852,899 ₹ 2,827,427 ₹ 2,801,954

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 2,903,844 ₹ 2,878,371 ₹ 2,852,899 ₹ 2,827,427 ₹ 2,801,954 ₹ 2,776,482
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 24,370,308 ₹ 24,175,345 ₹ 23,981,942 ₹ 23,790,087 ₹ 23,599,766 ₹ 23,410,968

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 194,962 ₹ 193,403 ₹ 191,856 ₹ 190,321 ₹ 188,798 ₹ 187,288
₹ 24,175,345 ₹ 23,981,942 ₹ 23,790,087 ₹ 23,599,766 ₹ 23,410,968 ₹ 23,223,680
₹ 9,240,942 ₹ 9,167,014 ₹ 9,093,678 ₹ 9,020,929 ₹ 8,948,761 ₹ 8,877,171

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 73,928 ₹ 73,336 ₹ 72,749 ₹ 72,167 ₹ 71,590 ₹ 71,017
₹ 9,167,014 ₹ 9,093,678 ₹ 9,020,929 ₹ 8,948,761 ₹ 8,877,171 ₹ 8,806,154
₹ 591,771 ₹ 587,036 ₹ 582,340 ₹ 577,681 ₹ 573,060 ₹ 568,476

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 4,734 ₹ 4,696 ₹ 4,659 ₹ 4,621 ₹ 4,584 ₹ 4,548
₹ 587,036 ₹ 582,340 ₹ 577,681 ₹ 573,060 ₹ 568,476 ₹ 563,928
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 299,096 ₹ 296,907 ₹ 294,736 ₹ 292,582 ₹ 290,445 ₹ 288,325
₹ 36,680,406 ₹ 36,383,498 ₹ 36,088,762 ₹ 35,796,180 ₹ 35,505,735 ₹ 35,217,410
1% 1% 1% 1% 1% 1%
₹ 2,776,482 ₹ 2,751,010 ₹ 2,725,537 ₹ 2,700,065 ₹ 2,674,593 ₹ 2,649,120

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 2,751,010 ₹ 2,725,537 ₹ 2,700,065 ₹ 2,674,593 ₹ 2,649,120 ₹ 2,623,648
₹0 ₹0 ₹0 ₹ 22,320,000 ₹ 22,141,440 ₹ 21,964,308

₹0 ₹0 ₹ 22,500,000 ₹0 ₹0 ₹0
₹0 ₹0 ₹ 180,000 ₹ 178,560 ₹ 177,132 ₹ 175,714
₹0 ₹0 ₹ 22,320,000 ₹ 22,141,440 ₹ 21,964,308 ₹ 21,788,594
₹ 23,223,680 ₹ 23,037,891 ₹ 22,853,588 ₹ 58,134,759 ₹ 57,669,681 ₹ 57,208,323

₹0 ₹0 ₹ 35,750,000 ₹0 ₹0 ₹ 16,250,000
₹ 185,789 ₹ 184,303 ₹ 468,829 ₹ 465,078 ₹ 461,357 ₹ 587,667
₹ 23,037,891 ₹ 22,853,588 ₹ 58,134,759 ₹ 57,669,681 ₹ 57,208,323 ₹ 72,870,657
₹ 8,806,154 ₹ 8,735,705 ₹ 8,665,819 ₹ 27,692,492 ₹ 27,470,953 ₹ 27,251,185

₹0 ₹0 ₹ 19,250,000 ₹0 ₹0 ₹ 8,750,000
₹ 70,449 ₹ 69,886 ₹ 223,327 ₹ 221,540 ₹ 219,768 ₹ 288,009
₹ 8,735,705 ₹ 8,665,819 ₹ 27,692,492 ₹ 27,470,953 ₹ 27,251,185 ₹ 35,713,175
₹ 563,928 ₹ 559,416 ₹ 554,941 ₹ 550,501 ₹ 546,097 ₹ 541,729

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 4,511 ₹ 4,475 ₹ 4,440 ₹ 4,404 ₹ 4,369 ₹ 4,334
₹ 559,416 ₹ 554,941 ₹ 550,501 ₹ 546,097 ₹ 541,729 ₹ 537,395
₹0 ₹0 ₹ 77,500,000 ₹0 ₹0 ₹ 25,000,000
₹ 286,222 ₹ 284,136 ₹ 902,067 ₹ 895,054 ₹ 888,098 ₹ 1,081,197
₹ 34,931,188 ₹ 34,647,051 ₹ 111,244,984 ₹ 110,349,930 ₹ 109,461,832 ₹ 133,380,635
1% 1% 1% 1% 1% 1%
₹ 2,623,648 ₹ 2,598,176 ₹ 2,572,704 ₹ 2,547,231 ₹ 2,521,759 ₹ 2,496,287

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 2,598,176 ₹ 2,572,704 ₹ 2,547,231 ₹ 2,521,759 ₹ 2,496,287 ₹ 2,470,814
₹ 21,788,594 ₹ 21,614,285 ₹ 21,441,371 ₹ 21,269,840 ₹ 21,099,681 ₹ 20,930,884

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 174,309 ₹ 172,914 ₹ 171,531 ₹ 170,159 ₹ 168,797 ₹ 167,447
₹ 21,614,285 ₹ 21,441,371 ₹ 21,269,840 ₹ 21,099,681 ₹ 20,930,884 ₹ 20,763,437
₹ 72,870,657 ₹ 72,287,692 ₹ 71,709,390 ₹ 87,255,715 ₹ 86,557,669 ₹ 85,865,208

₹0 ₹0 ₹ 16,250,000 ₹0 ₹0 ₹ 16,250,000
₹ 582,965 ₹ 578,302 ₹ 703,675 ₹ 698,046 ₹ 692,461 ₹ 816,922
₹ 72,287,692 ₹ 71,709,390 ₹ 87,255,715 ₹ 86,557,669 ₹ 85,865,208 ₹ 101,298,286
₹ 35,713,175 ₹ 35,427,470 ₹ 35,144,050 ₹ 43,542,898 ₹ 43,194,555 ₹ 42,848,998

₹0 ₹0 ₹ 8,750,000 ₹0 ₹0 ₹ 8,750,000
₹ 285,705 ₹ 283,420 ₹ 351,152 ₹ 348,343 ₹ 345,556 ₹ 412,792
₹ 35,427,470 ₹ 35,144,050 ₹ 43,542,898 ₹ 43,194,555 ₹ 42,848,998 ₹ 51,186,206
₹ 537,395 ₹ 533,096 ₹ 528,831 ₹ 524,600 ₹ 520,403 ₹ 516,240

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 4,299 ₹ 4,265 ₹ 4,231 ₹ 4,197 ₹ 4,163 ₹ 4,130
₹ 533,096 ₹ 528,831 ₹ 524,600 ₹ 520,403 ₹ 516,240 ₹ 512,110
₹0 ₹0 ₹ 25,000,000 ₹0 ₹0 ₹ 25,000,000
₹ 1,072,751 ₹ 1,064,373 ₹ 1,256,061 ₹ 1,246,217 ₹ 1,236,451 ₹ 1,426,763
₹ 132,307,885 ₹ 131,243,512 ₹ 154,987,450 ₹ 153,741,234 ₹ 152,504,783 ₹ 176,078,020
1% 1% 1% 1% 1% 1%
₹ 2,470,814 ₹ 2,445,342 ₹ 2,419,870 ₹ 2,394,397 ₹ 2,368,925 ₹ 2,343,453

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 2,445,342 ₹ 2,419,870 ₹ 2,394,397 ₹ 2,368,925 ₹ 2,343,453 ₹ 2,317,980
₹ 20,763,437 ₹ 20,597,329 ₹ 20,432,551 ₹ 52,509,090 ₹ 52,089,018 ₹ 51,672,305

₹0 ₹0 ₹ 32,500,000 ₹0 ₹0 ₹0
₹ 166,107 ₹ 164,779 ₹ 423,460 ₹ 420,073 ₹ 416,712 ₹ 413,378
₹ 20,597,329 ₹ 20,432,551 ₹ 52,509,090 ₹ 52,089,018 ₹ 51,672,305 ₹ 51,258,927
₹ 101,298,286 ₹ 100,487,900 ₹ 99,683,997 ₹ 129,514,525 ₹ 128,478,409 ₹ 127,450,581

₹0 ₹0 ₹ 30,875,000 ₹0 ₹0 ₹ 24,375,000
₹ 810,386 ₹ 803,903 ₹ 1,044,472 ₹ 1,036,116 ₹ 1,027,827 ₹ 1,214,605
₹ 100,487,900 ₹ 99,683,997 ₹ 129,514,525 ₹ 128,478,409 ₹ 127,450,581 ₹ 150,610,977
₹ 51,186,206 ₹ 50,776,717 ₹ 50,370,503 ₹ 66,459,539 ₹ 65,927,863 ₹ 65,400,440

₹0 ₹0 ₹ 16,625,000 ₹0 ₹0 ₹ 13,125,000
₹ 409,490 ₹ 406,214 ₹ 535,964 ₹ 531,676 ₹ 527,423 ₹ 628,204
₹ 50,776,717 ₹ 50,370,503 ₹ 66,459,539 ₹ 65,927,863 ₹ 65,400,440 ₹ 77,897,236
₹ 512,110 ₹ 508,013 ₹ 503,949 ₹ 499,918 ₹ 495,918 ₹ 491,951

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 4,097 ₹ 4,064 ₹ 4,032 ₹ 3,999 ₹ 3,967 ₹ 3,936
₹ 508,013 ₹ 503,949 ₹ 499,918 ₹ 495,918 ₹ 491,951 ₹ 488,015
₹0 ₹0 ₹ 80,000,000 ₹0 ₹0 ₹ 37,500,000
₹ 1,415,553 ₹ 1,404,432 ₹ 2,033,400 ₹ 2,017,337 ₹ 2,001,402 ₹ 2,285,595
₹ 174,662,467 ₹ 173,258,035 ₹ 251,224,635 ₹ 249,207,298 ₹ 247,205,896 ₹ 282,420,302
1% 1% 1% 1% 1% 1%
₹ 2,317,980 ₹ 2,292,508 ₹ 2,267,036 ₹ 2,241,563 ₹ 2,216,091 ₹ 2,190,619

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 2,292,508 ₹ 2,267,036 ₹ 2,241,563 ₹ 2,216,091 ₹ 2,190,619 ₹ 2,165,147
₹ 51,258,927 ₹ 50,848,856 ₹ 50,442,065 ₹ 50,038,528 ₹ 49,638,220 ₹ 49,241,114

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 410,071 ₹ 406,791 ₹ 403,537 ₹ 400,308 ₹ 397,106 ₹ 393,929
₹ 50,848,856 ₹ 50,442,065 ₹ 50,038,528 ₹ 49,638,220 ₹ 49,241,114 ₹ 48,847,185
₹ 150,610,977 ₹ 149,406,089 ₹ 148,210,840 ₹ 171,205,153 ₹ 169,835,512 ₹ 168,476,828

₹0 ₹0 ₹ 24,375,000 ₹0 ₹0 ₹ 24,375,000
₹ 1,204,888 ₹ 1,195,249 ₹ 1,380,687 ₹ 1,369,641 ₹ 1,358,684 ₹ 1,542,815
₹ 149,406,089 ₹ 148,210,840 ₹ 171,205,153 ₹ 169,835,512 ₹ 168,476,828 ₹ 191,309,013
₹ 77,897,236 ₹ 77,274,058 ₹ 76,655,866 ₹ 89,062,619 ₹ 88,350,118 ₹ 87,643,317

₹0 ₹0 ₹ 13,125,000 ₹0 ₹0 ₹ 13,125,000
₹ 623,178 ₹ 618,192 ₹ 718,247 ₹ 712,501 ₹ 706,801 ₹ 806,147
₹ 77,274,058 ₹ 76,655,866 ₹ 89,062,619 ₹ 88,350,118 ₹ 87,643,317 ₹ 99,962,170
₹ 488,015 ₹ 484,111 ₹ 480,238 ₹ 476,397 ₹ 472,585 ₹ 468,805

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 3,904 ₹ 3,873 ₹ 3,842 ₹ 3,811 ₹ 3,781 ₹ 3,750
₹ 484,111 ₹ 480,238 ₹ 476,397 ₹ 472,585 ₹ 468,805 ₹ 465,054
₹0 ₹0 ₹ 37,500,000 ₹0 ₹0 ₹ 37,500,000
₹ 2,267,514 ₹ 2,249,577 ₹ 2,531,784 ₹ 2,511,734 ₹ 2,491,844 ₹ 2,772,113
₹ 280,152,788 ₹ 277,903,211 ₹ 312,871,426 ₹ 310,359,693 ₹ 307,867,849 ₹ 342,595,736
1% 1% 1% 1% 1% 1%
₹ 2,165,147 ₹ 2,139,674 ₹ 2,114,202 ₹ 2,088,730 ₹ 2,063,257 ₹ 2,037,785

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 2,139,674 ₹ 2,114,202 ₹ 2,088,730 ₹ 2,063,257 ₹ 2,037,785 ₹ 2,012,313
₹ 48,847,185 ₹ 48,456,408 ₹ 48,068,757 ₹ 127,044,206 ₹ 126,027,853 ₹ 125,019,630

₹0 ₹0 ₹ 80,000,000 ₹0 ₹0 ₹0
₹ 390,777 ₹ 387,651 ₹ 1,024,550 ₹ 1,016,354 ₹ 1,008,223 ₹ 1,000,157
₹ 48,456,408 ₹ 48,068,757 ₹ 127,044,206 ₹ 126,027,853 ₹ 125,019,630 ₹ 124,019,473
₹ 191,309,013 ₹ 189,778,541 ₹ 188,260,313 ₹ 260,906,230 ₹ 258,818,981 ₹ 256,748,429

₹0 ₹0 ₹ 74,750,000 ₹0 ₹0 ₹ 68,250,000
₹ 1,530,472 ₹ 1,518,228 ₹ 2,104,083 ₹ 2,087,250 ₹ 2,070,552 ₹ 2,599,987
₹ 189,778,541 ₹ 188,260,313 ₹ 260,906,230 ₹ 258,818,981 ₹ 256,748,429 ₹ 322,398,441
₹ 99,962,170 ₹ 99,162,473 ₹ 98,369,173 ₹ 137,510,220 ₹ 136,410,138 ₹ 135,318,857

₹0 ₹0 ₹ 40,250,000 ₹0 ₹0 ₹ 36,750,000
₹ 799,697 ₹ 793,300 ₹ 1,108,953 ₹ 1,100,082 ₹ 1,091,281 ₹ 1,376,551
₹ 99,162,473 ₹ 98,369,173 ₹ 137,510,220 ₹ 136,410,138 ₹ 135,318,857 ₹ 170,692,306
₹ 465,054 ₹ 461,334 ₹ 457,643 ₹ 453,982 ₹ 450,350 ₹ 446,747

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 3,720 ₹ 3,691 ₹ 3,661 ₹ 3,632 ₹ 3,603 ₹ 3,574
₹ 461,334 ₹ 457,643 ₹ 453,982 ₹ 450,350 ₹ 446,747 ₹ 443,173
₹0 ₹0 ₹ 195,000,000 ₹0 ₹0 ₹ 105,000,000
₹ 2,750,140 ₹ 2,728,342 ₹ 4,266,719 ₹ 4,232,789 ₹ 4,199,131 ₹ 5,005,742
₹ 339,845,596 ₹ 337,117,254 ₹ 527,850,535 ₹ 523,617,745 ₹ 519,418,614 ₹ 619,412,873
1% 1% 1% 1% 1% 1%
₹ 2,012,313 ₹ 1,986,840 ₹ 1,961,368 ₹ 1,935,896 ₹ 1,910,423 ₹ 1,884,951

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 1,986,840 ₹ 1,961,368 ₹ 1,935,896 ₹ 1,910,423 ₹ 1,884,951 ₹ 1,859,479
₹ 124,019,473 ₹ 123,027,317 ₹ 122,043,099 ₹ 121,066,754 ₹ 120,098,220 ₹ 119,137,434

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 992,156 ₹ 984,219 ₹ 976,345 ₹ 968,534 ₹ 960,786 ₹ 953,099
₹ 123,027,317 ₹ 122,043,099 ₹ 121,066,754 ₹ 120,098,220 ₹ 119,137,434 ₹ 118,184,335
₹ 322,398,441 ₹ 319,819,254 ₹ 317,260,700 ₹ 382,426,614 ₹ 379,367,201 ₹ 376,332,264

₹0 ₹0 ₹ 68,250,000 ₹0 ₹0 ₹ 68,250,000
₹ 2,579,188 ₹ 2,558,554 ₹ 3,084,086 ₹ 3,059,413 ₹ 3,034,938 ₹ 3,556,658
₹ 319,819,254 ₹ 317,260,700 ₹ 382,426,614 ₹ 379,367,201 ₹ 376,332,264 ₹ 441,025,606
₹ 170,692,306 ₹ 169,326,768 ₹ 167,972,154 ₹ 203,084,376 ₹ 201,459,701 ₹ 199,848,024

₹0 ₹0 ₹ 36,750,000 ₹0 ₹0 ₹ 36,750,000
₹ 1,365,538 ₹ 1,354,614 ₹ 1,637,777 ₹ 1,624,675 ₹ 1,611,678 ₹ 1,892,784
₹ 169,326,768 ₹ 167,972,154 ₹ 203,084,376 ₹ 201,459,701 ₹ 199,848,024 ₹ 234,705,240
₹ 443,173 ₹ 439,628 ₹ 436,111 ₹ 432,622 ₹ 429,161 ₹ 425,728

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 3,545 ₹ 3,517 ₹ 3,489 ₹ 3,461 ₹ 3,433 ₹ 3,406
₹ 439,628 ₹ 436,111 ₹ 432,622 ₹ 429,161 ₹ 425,728 ₹ 422,322
₹0 ₹0 ₹ 105,000,000 ₹0 ₹0 ₹ 105,000,000
₹ 4,965,899 ₹ 4,926,376 ₹ 5,727,169 ₹ 5,681,555 ₹ 5,636,307 ₹ 6,431,420
₹ 614,446,973 ₹ 609,520,597 ₹ 708,793,428 ₹ 703,111,873 ₹ 697,475,566 ₹ 796,044,147
1% 1% 1% 1% 1% 1%
₹ 1,859,479 ₹ 1,834,006 ₹ 1,808,534 ₹ 1,783,062 ₹ 1,757,590 ₹ 1,732,117

₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472 ₹ 25,472
₹ 1,834,006 ₹ 1,808,534 ₹ 1,783,062 ₹ 1,757,590 ₹ 1,732,117 ₹ 1,706,645
Month 59 Month 60
Feb-27 Mar-27
₹ 118,184,335 ₹ 117,238,860
₹0 ₹0
₹ 945,475 ₹ 937,911
₹ 117,238,860 ₹ 116,300,949
₹ 441,025,606 ₹ 437,497,401
₹0 ₹0
₹ 3,528,205 ₹ 3,499,979
₹ 437,497,401 ₹ 433,997,422
₹ 234,705,240 ₹ 232,827,598
₹0 ₹0
₹ 1,877,642 ₹ 1,862,621
₹ 232,827,598 ₹ 230,964,977
₹ 422,322 ₹ 418,943
₹0 ₹0
₹ 3,379 ₹ 3,352
₹ 418,943 ₹ 415,592
₹0 ₹0
₹ 6,380,172 ₹ 6,329,335
₹ 789,663,974 ₹ 783,334,639
1% 1%
₹ 1,706,645 ₹ 1,681,173
₹ 25,472 ₹ 25,472
₹ 1,681,173 ₹ 1,655,700
Company XYZ
Working Capital Schedule
Amounts in INR
Q1 Q1 Q1 Q2
FY 2023 FY 2023 FY 2023 FY 2023
Accounts Receivable:
Material Costs Paid in advance ₹ 2,479,000 ₹ 2,479,000 ₹ 2,506,750 ₹ 3,254,520
Current Period Material Costs ₹ 1,731,600 ₹ 1,735,300 ₹ 2,479,000 ₹ 2,479,000
3 Month(s)
Revenue received ₹ 4,718,900 ₹ 4,718,900 ₹ 4,732,200 ₹ 6,748,800

Current Period Revenue ₹ 4,718,900 ₹ 4,732,200 ₹ 6,748,800 ₹ 6,755,400
1 Month(s)
Total Accounts Receivable ₹ 747,400 ₹ 757,000 ₹ 2,044,350 ₹ 782,120
Accounts Payable
Biochemicals Expenses paid later ₹ 702,000 ₹ 702,000 ₹ 702,000 ₹ 702,000
Current Period Biochem Expenses ₹ 702,000 ₹ 703,500 ₹ 1,005,000 ₹ 1,005,000
3 Month(s)
Wages paid late ₹ 510,180 ₹ 510,180 ₹ 510,290 ₹ 532,400

Current Period wages ₹ 510,180 ₹ 510,290 ₹ 532,400 ₹ 532,400
1 Month(s)
Total Accounts Payable ₹0 ₹ 1,610 ₹ 325,110 ₹ 303,000
Working Capital ₹ 16,634,805 ₹ 17,390,195 ₹ 19,109,435 ₹ 19,588,555

₹ 15,887,405
Changes in Working Capital ₹ 747,400 ₹ 755,390 ₹ 1,719,240 ₹ 479,120
Q2 Q2 Q3 Q3 Q3 Q4
FY 2023 FY 2023 FY 2023 FY 2023 FY 2023 FY 2023
₹ 3,254,520 ₹ 3,258,220 ₹ 3,258,220 ₹ 3,261,920 ₹ 3,261,920 ₹ 5,429,340

₹ 2,479,000 ₹ 2,506,750 ₹ 3,254,520 ₹ 3,254,520 ₹ 3,258,220 ₹ 3,258,220
₹ 6,755,400 ₹ 6,765,300 ₹ 6,850,200 ₹ 8,884,400 ₹ 8,900,900 ₹ 8,927,400

₹ 6,765,300 ₹ 6,850,200 ₹ 8,884,400 ₹ 8,900,900 ₹ 8,927,400 ₹ 8,950,500
₹ 785,420 ₹ 836,370 ₹ 2,037,900 ₹ 23,900 ₹ 30,200 ₹ 2,194,220
₹ 703,500 ₹ 1,005,000 ₹ 1,005,000 ₹ 1,005,000 ₹ 1,016,250 ₹ 1,319,400

₹ 1,005,000 ₹ 1,016,250 ₹ 1,319,400 ₹ 1,319,400 ₹ 1,320,900 ₹ 1,320,900
₹ 532,400 ₹ 532,400 ₹ 533,225 ₹ 555,225 ₹ 612,425 ₹ 612,535

₹ 532,400 ₹ 533,225 ₹ 555,225 ₹ 612,425 ₹ 612,535 ₹ 612,535
₹ 301,500 ₹ 12,075 ₹ 336,400 ₹ 371,600 ₹ 304,760 ₹ 1,500
₹ 20,072,475 ₹ 20,896,770 ₹ 22,598,270 ₹ 22,250,570 ₹ 21,976,010 ₹ 24,168,730
₹ 483,920 ₹ 824,295 ₹ 1,701,500 ₹ -347,700 ₹ -274,560 ₹ 2,192,720

Q4 Q4 Q1 Q1 Q1 Q2
FY 2023 FY 2023 FY 2024 FY 2024 FY 2024 FY 2024
₹ 5,429,340 ₹ 5,463,780 ₹ 5,463,780 ₹ 7,913,780 ₹ 7,913,780 ₹ 7,948,220

₹ 3,261,920 ₹ 3,261,920 ₹ 5,429,340 ₹ 5,429,340 ₹ 5,463,780 ₹ 5,463,780
₹ 8,950,500 ₹ 8,986,900 ₹ 9,016,600 ₹ 15,882,550 ₹ 15,918,190 ₹ 16,056,190

₹ 8,986,900 ₹ 9,016,600 ₹ 15,882,550 ₹ 15,918,190 ₹ 16,056,190 ₹ 16,099,750
₹ 2,203,820 ₹ 2,231,560 ₹ 6,900,390 ₹ 2,520,080 ₹ 2,588,000 ₹ 2,528,000
₹ 1,319,400 ₹ 1,320,900 ₹ 1,320,900 ₹ 1,322,400 ₹ 1,322,400 ₹ 2,171,736

₹ 1,322,400 ₹ 1,322,400 ₹ 2,171,736 ₹ 2,171,736 ₹ 2,185,512 ₹ 2,185,512
₹ 612,535 ₹ 612,645 ₹ 612,645 ₹ 1,822,722 ₹ 1,822,722 ₹ 1,823,712

₹ 612,645 ₹ 612,645 ₹ 1,822,722 ₹ 1,822,722 ₹ 1,823,712 ₹ 1,823,712
₹ 3,110 ₹ 1,500 ₹ 2,060,913 ₹ 849,336 ₹ 864,102 ₹ 13,776
₹ 26,369,440 ₹ 28,599,500 ₹ 33,438,977 ₹ 35,109,721 ₹ 36,833,619 ₹ 39,347,843
₹ 2,200,710 ₹ 2,230,060 ₹ 4,839,477 ₹ 1,670,744 ₹ 1,723,898 ₹ 2,514,224

Q2 Q2 Q3 Q3 Q3 Q4
FY 2024 FY 2024 FY 2024 FY 2024 FY 2024 FY 2024
₹ 7,948,220 ₹ 7,948,220 ₹ 7,948,220 ₹ 7,982,660 ₹ 7,982,660 ₹ 19,093,717

₹ 7,913,780 ₹ 7,913,780 ₹ 7,948,220 ₹ 7,948,220 ₹ 7,948,220 ₹ 7,948,220
₹ 16,099,750 ₹ 23,143,310 ₹ 23,198,750 ₹ 23,352,590 ₹ 23,415,950 ₹ 23,487,230

₹ 23,143,310 ₹ 23,198,750 ₹ 23,352,590 ₹ 23,415,950 ₹ 23,487,230 ₹ 23,562,470
₹ 7,078,000 ₹ 89,880 ₹ 153,840 ₹ 97,800 ₹ 105,720 ₹ 11,220,737
₹ 2,171,736 ₹ 2,185,512 ₹ 2,185,512 ₹ 3,165,512 ₹ 3,165,512 ₹ 3,179,288

₹ 3,165,512 ₹ 3,165,512 ₹ 3,179,288 ₹ 3,179,288 ₹ 3,179,288 ₹ 3,179,288
₹ 1,823,712 ₹ 1,895,212 ₹ 2,021,052 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042

₹ 1,895,212 ₹ 2,021,052 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042
₹ 1,065,276 ₹ 1,105,840 ₹ 994,766 ₹ 13,776 ₹ 13,776 ₹0
₹ 45,360,567 ₹ 44,344,607 ₹ 43,503,681 ₹ 43,587,705 ₹ 43,679,649 ₹ 54,900,386
₹ 6,012,724 ₹ -1,015,960 ₹ -840,926 ₹ 84,024 ₹ 91,944 ₹ 11,220,737

Q4 Q4 Q1 Q1 Q1 Q2
FY 2024 FY 2024 FY 2025 FY 2025 FY 2025 FY 2025
₹ 19,093,717 ₹ 24,865,717 ₹ 24,900,349 ₹ 24,904,078 ₹ 24,904,078 ₹ 24,944,038

₹ 7,982,660 ₹ 7,982,660 ₹ 19,093,717 ₹ 19,093,717 ₹ 24,865,717 ₹ 24,900,349
₹ 23,562,470 ₹ 23,744,030 ₹ 23,835,110 ₹ 53,153,077 ₹ 53,309,893 ₹ 69,075,421

₹ 23,744,030 ₹ 23,835,110 ₹ 53,153,077 ₹ 53,309,893 ₹ 69,075,421 ₹ 69,356,329
₹ 11,292,617 ₹ 16,974,137 ₹ 35,124,599 ₹ 5,967,178 ₹ 15,803,890 ₹ 324,598
₹ 3,179,288 ₹ 3,179,288 ₹ 3,179,288 ₹ 3,193,064 ₹ 3,193,064 ₹ 6,708,603

₹ 3,193,064 ₹ 3,193,064 ₹ 6,708,603 ₹ 6,708,603 ₹ 8,736,603 ₹ 8,748,771
₹ 2,022,042 ₹ 2,023,032 ₹ 2,023,032 ₹ 3,191,892 ₹ 3,191,892 ₹ 3,628,240

₹ 2,023,032 ₹ 2,023,032 ₹ 3,191,892 ₹ 3,191,892 ₹ 3,628,240 ₹ 3,629,270
₹ 14,766 ₹ 13,776 ₹ 4,698,175 ₹ 3,515,539 ₹ 5,979,887 ₹ 2,041,198
₹ 66,178,237 ₹ 83,138,597 ₹ 113,565,021 ₹ 116,016,660 ₹ 125,840,662 ₹ 124,124,062
₹ 11,277,851 ₹ 16,960,361 ₹ 30,426,424 ₹ 2,451,638 ₹ 9,824,002 ₹ -1,716,600

Q2 Q2 Q3 Q3 Q3 Q4
FY 2025 FY 2025 FY 2025 FY 2025 FY 2025 FY 2025
₹ 24,944,038 ₹ 26,242,768 ₹ 26,242,768 ₹ 26,277,400 ₹ 26,282,728 ₹ 44,751,837

₹ 24,904,078 ₹ 24,904,078 ₹ 24,944,038 ₹ 24,944,038 ₹ 26,242,768 ₹ 26,242,768
₹ 69,356,329 ₹ 69,571,141 ₹ 69,793,297 ₹ 70,149,589 ₹ 70,424,017 ₹ 74,230,305

₹ 69,571,141 ₹ 69,793,297 ₹ 70,149,589 ₹ 70,424,017 ₹ 74,230,305 ₹ 74,561,361
₹ 254,772 ₹ 1,560,846 ₹ 1,655,022 ₹ 1,607,790 ₹ 3,846,248 ₹ 18,840,125
₹ 6,708,603 ₹ 8,736,603 ₹ 8,748,771 ₹ 8,750,082 ₹ 8,750,082 ₹ 8,764,122

₹ 8,750,082 ₹ 8,750,082 ₹ 8,764,122 ₹ 8,764,122 ₹ 9,220,432 ₹ 9,220,432
₹ 3,629,270 ₹ 3,629,270 ₹ 3,629,270 ₹ 3,630,458 ₹ 3,630,458 ₹ 3,668,958

₹ 3,629,270 ₹ 3,629,270 ₹ 3,630,458 ₹ 3,630,458 ₹ 3,668,958 ₹ 3,668,958
₹ 2,041,478 ₹ 13,478 ₹ 16,538 ₹ 14,040 ₹ 508,850 ₹ 456,310
₹ 122,337,356 ₹ 123,884,723 ₹ 125,523,206 ₹ 127,116,956 ₹ 130,454,353 ₹ 148,838,168
₹ -1,786,706 ₹ 1,547,367 ₹ 1,638,483 ₹ 1,593,750 ₹ 3,337,398 ₹ 18,383,815

Q4 Q4 Q1 Q1 Q1 Q2
FY 2025 FY 2025 FY 2026 FY 2026 FY 2026 FY 2026
₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837

₹ 26,277,400 ₹ 26,282,728 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837
₹ 74,561,361 ₹ 75,016,509 ₹ 75,427,305 ₹ 126,588,096 ₹ 126,866,009 ₹ 127,163,088

₹ 75,016,509 ₹ 75,427,305 ₹ 126,588,096 ₹ 126,866,009 ₹ 127,163,088 ₹ 127,474,542
₹ 18,929,585 ₹ 18,879,905 ₹ 51,160,791 ₹ 277,913 ₹ 297,079 ₹ 311,454
₹ 8,764,122 ₹ 9,220,432 ₹ 9,220,432 ₹ 9,232,600 ₹ 9,234,472 ₹ 14,514,109

₹ 9,232,600 ₹ 9,234,472 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109
₹ 3,668,958 ₹ 3,669,987 ₹ 4,504,936 ₹ 5,490,236 ₹ 5,794,769 ₹ 5,794,769

₹ 3,669,987 ₹ 4,504,936 ₹ 5,490,236 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769
₹ 469,508 ₹ 848,988 ₹ 6,278,978 ₹ 5,586,042 ₹ 5,279,637 ₹0
₹ 167,298,246 ₹ 185,329,163 ₹ 230,210,976 ₹ 224,902,847 ₹ 219,920,289 ₹ 220,231,743
₹ 18,460,077 ₹ 18,030,917 ₹ 44,881,814 ₹ -5,308,129 ₹ -4,982,558 ₹ 311,454

Q2 Q2 Q3 Q3 Q3 Q4
FY 2026 FY 2026 FY 2026 FY 2026 FY 2026 FY 2026
₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 91,750,902

₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837 ₹ 44,751,837
₹ 127,474,542 ₹ 127,800,371 ₹ 128,140,575 ₹ 128,499,945 ₹ 128,873,690 ₹ 129,271,392

₹ 127,800,371 ₹ 128,140,575 ₹ 128,499,945 ₹ 128,873,690 ₹ 129,271,392 ₹ 129,683,470
₹ 325,829 ₹ 340,204 ₹ 359,370 ₹ 373,745 ₹ 397,703 ₹ 47,411,142
₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109

₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109
₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769

₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 220,557,571 ₹ 220,897,775 ₹ 221,257,145 ₹ 221,630,890 ₹ 222,028,593 ₹ 269,439,735
₹ 325,829 ₹ 340,204 ₹ 359,370 ₹ 373,745 ₹ 397,703 ₹ 47,411,142

Q4 Q4 Q1 Q1 Q1 Q2
FY 2026 FY 2026 FY 2027 FY 2027 FY 2027 FY 2027
₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902

₹ 44,751,837 ₹ 44,751,837 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902
₹ 129,683,470 ₹ 130,119,506 ₹ 130,579,499 ₹ 260,327,291 ₹ 260,943,970 ₹ 261,592,273

₹ 130,119,506 ₹ 130,579,499 ₹ 260,327,291 ₹ 260,943,970 ₹ 261,592,273 ₹ 262,272,201
₹ 47,435,100 ₹ 47,459,058 ₹ 129,747,792 ₹ 616,679 ₹ 648,303 ₹ 679,928
₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 14,514,109 ₹ 29,757,049

₹ 14,514,109 ₹ 14,514,109 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049
₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169

₹ 5,794,769 ₹ 5,794,769 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169
₹0 ₹0 ₹ 17,248,340 ₹ 15,242,940 ₹ 15,242,940 ₹0
₹ 316,874,835 ₹ 364,333,893 ₹ 476,833,345 ₹ 462,207,084 ₹ 447,612,448 ₹ 448,292,376
₹ 47,435,100 ₹ 47,459,058 ₹ 112,499,451 ₹ -14,626,261 ₹ -14,594,636 ₹ 679,928

Q2 Q2 Q3 Q3 Q3 Q4
FY 2027 FY 2027 FY 2027 FY 2027 FY 2027 FY 2027
₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902

₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902 ₹ 91,750,902
₹ 262,272,201 ₹ 262,989,025 ₹ 263,737,473 ₹ 264,522,816 ₹ 265,350,325 ₹ 266,220,001

₹ 262,989,025 ₹ 263,737,473 ₹ 264,522,816 ₹ 265,350,325 ₹ 266,220,001 ₹ 267,126,571
₹ 716,823 ₹ 748,448 ₹ 785,343 ₹ 827,509 ₹ 869,675 ₹ 906,571
₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049

₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049 ₹ 29,757,049
₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169

₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 449,009,199 ₹ 449,757,647 ₹ 450,542,990 ₹ 451,370,499 ₹ 452,240,175 ₹ 453,146,746
₹ 716,823 ₹ 748,448 ₹ 785,343 ₹ 827,509 ₹ 869,675 ₹ 906,571

Month 59 Month 60
Q4 Q4
FY 2027 FY 2027
Feb-27 Mar-27
₹ 91,750,902 ₹ 91,750,902
₹ 91,750,902 ₹ 91,750,902
₹ 267,126,571 ₹ 268,085,850
₹ 268,085,850 ₹ 269,092,565
₹ 959,278 ₹ 1,006,715
₹ 29,757,049 ₹ 29,757,049
₹ 29,757,049 ₹ 29,757,049
₹ 7,800,169 ₹ 7,800,169
₹ 7,800,169 ₹ 7,800,169
₹0 ₹0
₹ 454,106,024 ₹ 455,112,739
₹ 959,278 ₹ 1,006,715
Company XYZ
Revenue Assumptions Sheet
Amounts in INR
Natloop
Revenue ₹0 ₹ 100,000 ₹ 130,000 ₹ 169,000

Gross Profits ₹0 ₹ 25,000 ₹ 32,500 ₹ 42,250
Operating Expenses (Clubbed within Company ₹0 ₹0 ₹0 ₹0

Remaining Share ₹0 ₹ 25,000 ₹ 32,500 ₹ 42,250
Company XYZ's share ₹0 ₹ 12,500 ₹ 16,250 ₹ 21,125
Tax Adjusted Share of Company XYZ ₹0 ₹ 10,625 ₹ 13,813 ₹ 17,956
Hemptex
Revenue ₹ 500,000 ₹ 550,000 ₹ 649,000 ₹ 765,820

Gross Profits ₹ 75,000 ₹ 82,500 ₹ 97,350 ₹ 114,873
Operating Expenses (Clubbed within Company ₹0 ₹0 ₹0 ₹0

Remaining Share ₹ 75,000 ₹ 82,500 ₹ 97,350 ₹ 114,873
Company XYZ's share ₹ 37,500 ₹ 41,250 ₹ 48,675 ₹ 57,437
Tax Adjusted Share of Company XYZ ₹ 31,875 ₹ 35,063 ₹ 41,374 ₹ 48,821
Cash Dividends Received (%) - CFS 20% 20% 20% 20%

Retained by Subsidiaries (%) - Asset A/c 80% 80% 80% 80%
Dividend (in rupees) ₹ 6,375 ₹ 9,138 ₹ 11,037 ₹ 13,355

Added to Balance Sheet ₹ 25,500 ₹ 36,550 ₹ 44,149 ₹ 53,422
₹ 219,700 ₹ 285,610 ₹ 371,293 ₹ 482,681 ₹ 627,485 ₹ 815,731 ₹ 1,060,450 ₹ 1,378,585

₹ 54,925 ₹ 71,403 ₹ 92,823 ₹ 120,670 ₹ 156,871 ₹ 203,933 ₹ 265,112 ₹ 344,646
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 54,925 ₹ 71,403 ₹ 92,823 ₹ 120,670 ₹ 156,871 ₹ 203,933 ₹ 265,112 ₹ 344,646
₹ 27,463 ₹ 35,701 ₹ 46,412 ₹ 60,335 ₹ 78,436 ₹ 101,966 ₹ 132,556 ₹ 172,323
₹ 23,343 ₹ 30,346 ₹ 39,450 ₹ 51,285 ₹ 66,670 ₹ 86,671 ₹ 112,673 ₹ 146,475
₹ 903,668 ₹ 1,066,328 ₹ 1,258,267 ₹ 1,484,755 ₹ 1,752,011 ₹ 2,067,373 ₹ 2,439,500 ₹ 2,878,610

₹ 135,550 ₹ 159,949 ₹ 188,740 ₹ 222,713 ₹ 262,802 ₹ 310,106 ₹ 365,925 ₹ 431,791
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 135,550 ₹ 159,949 ₹ 188,740 ₹ 222,713 ₹ 262,802 ₹ 310,106 ₹ 365,925 ₹ 431,791
₹ 67,775 ₹ 79,975 ₹ 94,370 ₹ 111,357 ₹ 131,401 ₹ 155,053 ₹ 182,962 ₹ 215,896
₹ 57,609 ₹ 67,978 ₹ 80,215 ₹ 94,653 ₹ 111,691 ₹ 131,795 ₹ 155,518 ₹ 183,511
20% 20% 20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80% 80% 80%
₹ 16,190 ₹ 19,665 ₹ 23,933 ₹ 29,188 ₹ 35,672 ₹ 43,693 ₹ 53,638 ₹ 65,997

₹ 64,762 ₹ 78,660 ₹ 95,732 ₹ 116,750 ₹ 142,689 ₹ 174,773 ₹ 214,553 ₹ 263,989
Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23
₹ 1,516,443 ₹ 1,668,088 ₹ 1,834,897 ₹ 2,018,386 ₹ 2,220,225 ₹ 2,442,247 ₹ 2,686,472

₹ 394,275 ₹ 433,703 ₹ 477,073 ₹ 524,780 ₹ 577,258 ₹ 634,984 ₹ 698,483
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 394,275 ₹ 433,703 ₹ 477,073 ₹ 524,780 ₹ 577,258 ₹ 634,984 ₹ 698,483
₹ 197,138 ₹ 216,851 ₹ 238,537 ₹ 262,390 ₹ 288,629 ₹ 317,492 ₹ 349,241
₹ 167,567 ₹ 184,324 ₹ 202,756 ₹ 223,032 ₹ 245,335 ₹ 269,868 ₹ 296,855
₹ 3,166,471 ₹ 3,483,118 ₹ 3,831,429 ₹ 4,214,572 ₹ 4,636,029 ₹ 5,099,632 ₹ 5,609,596

₹ 506,635 ₹ 557,299 ₹ 613,029 ₹ 674,332 ₹ 741,765 ₹ 815,941 ₹ 897,535
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 506,635 ₹ 557,299 ₹ 613,029 ₹ 674,332 ₹ 741,765 ₹ 815,941 ₹ 897,535
₹ 253,318 ₹ 278,649 ₹ 306,514 ₹ 337,166 ₹ 370,882 ₹ 407,971 ₹ 448,768
₹ 215,320 ₹ 236,852 ₹ 260,537 ₹ 286,591 ₹ 315,250 ₹ 346,775 ₹ 381,453
20% 20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80% 80%
₹ 76,577 ₹ 84,235 ₹ 92,659 ₹ 101,925 ₹ 112,117 ₹ 123,329 ₹ 135,662

₹ 306,310 ₹ 336,941 ₹ 370,635 ₹ 407,698 ₹ 448,468 ₹ 493,315 ₹ 542,646
Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24
₹ 2,955,119 ₹ 3,250,631 ₹ 3,575,694 ₹ 3,933,264 ₹ 4,326,590 ₹ 4,542,920 ₹ 4,770,066

₹ 768,331 ₹ 845,164 ₹ 929,681 ₹ 1,022,649 ₹ 1,124,913 ₹ 1,226,588 ₹ 1,287,918
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 768,331 ₹ 845,164 ₹ 929,681 ₹ 1,022,649 ₹ 1,124,913 ₹ 1,226,588 ₹ 1,287,918
₹ 384,165 ₹ 422,582 ₹ 464,840 ₹ 511,324 ₹ 562,457 ₹ 613,294 ₹ 643,959
₹ 326,541 ₹ 359,195 ₹ 395,114 ₹ 434,626 ₹ 478,088 ₹ 521,300 ₹ 547,365
₹ 6,170,555 ₹ 6,787,611 ₹ 7,466,372 ₹ 8,213,009 ₹ 9,034,310 ₹ 9,486,025 ₹ 9,960,327

₹ 987,289 ₹ 1,086,018 ₹ 1,194,619 ₹ 1,314,081 ₹ 1,445,490 ₹ 1,707,485 ₹ 1,792,859
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 987,289 ₹ 1,086,018 ₹ 1,194,619 ₹ 1,314,081 ₹ 1,445,490 ₹ 1,707,485 ₹ 1,792,859
₹ 493,644 ₹ 543,009 ₹ 597,310 ₹ 657,041 ₹ 722,745 ₹ 853,742 ₹ 896,429
₹ 419,598 ₹ 461,558 ₹ 507,713 ₹ 558,485 ₹ 614,333 ₹ 725,681 ₹ 761,965
20% 20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80% 80%
₹ 149,228 ₹ 164,150 ₹ 180,565 ₹ 198,622 ₹ 218,484 ₹ 249,396 ₹ 261,866

₹ 596,911 ₹ 656,602 ₹ 722,262 ₹ 794,488 ₹ 873,937 ₹ 997,585 ₹ 1,047,464
Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24
₹ 5,008,569 ₹ 5,258,997 ₹ 5,521,947 ₹ 5,798,044 ₹ 6,087,947 ₹ 6,392,344 ₹ 6,711,961

₹ 1,352,314 ₹ 1,419,929 ₹ 1,490,926 ₹ 1,565,472 ₹ 1,643,746 ₹ 1,725,933 ₹ 1,812,230
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 1,352,314 ₹ 1,419,929 ₹ 1,490,926 ₹ 1,565,472 ₹ 1,643,746 ₹ 1,725,933 ₹ 1,812,230
₹ 676,157 ₹ 709,965 ₹ 745,463 ₹ 782,736 ₹ 821,873 ₹ 862,966 ₹ 906,115
₹ 574,733 ₹ 603,470 ₹ 633,643 ₹ 665,326 ₹ 698,592 ₹ 733,521 ₹ 770,198
₹ 10,458,343 ₹ 10,981,260 ₹ 11,530,323 ₹ 12,106,839 ₹ 12,712,181 ₹ 13,347,790 ₹ 14,015,180

₹ 1,882,502 ₹ 1,976,627 ₹ 2,075,458 ₹ 2,179,231 ₹ 2,288,193 ₹ 2,402,602 ₹ 2,522,732
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 1,882,502 ₹ 1,976,627 ₹ 2,075,458 ₹ 2,179,231 ₹ 2,288,193 ₹ 2,402,602 ₹ 2,522,732
₹ 941,251 ₹ 988,313 ₹ 1,037,729 ₹ 1,089,616 ₹ 1,144,096 ₹ 1,201,301 ₹ 1,261,366
₹ 800,063 ₹ 840,066 ₹ 882,070 ₹ 926,173 ₹ 972,482 ₹ 1,021,106 ₹ 1,072,161
20% 20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80% 80%
₹ 274,959 ₹ 288,707 ₹ 303,143 ₹ 318,300 ₹ 334,215 ₹ 350,925 ₹ 368,472

₹ 1,099,837 ₹ 1,154,829 ₹ 1,212,571 ₹ 1,273,199 ₹ 1,336,859 ₹ 1,403,702 ₹ 1,473,887
Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25
₹ 7,047,559 ₹ 7,399,937 ₹ 7,769,934 ₹ 8,003,032 ₹ 8,243,123 ₹ 8,490,417 ₹ 8,745,129

₹ 1,902,841 ₹ 1,997,983 ₹ 2,097,882 ₹ 2,240,849 ₹ 2,308,074 ₹ 2,377,317 ₹ 2,448,636
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 1,902,841 ₹ 1,997,983 ₹ 2,097,882 ₹ 2,240,849 ₹ 2,308,074 ₹ 2,377,317 ₹ 2,448,636
₹ 951,420 ₹ 998,992 ₹ 1,048,941 ₹ 1,120,424 ₹ 1,154,037 ₹ 1,188,658 ₹ 1,224,318
₹ 808,707 ₹ 849,143 ₹ 891,600 ₹ 952,361 ₹ 980,932 ₹ 1,010,360 ₹ 1,040,670
₹ 14,715,939 ₹ 15,451,736 ₹ 16,224,323 ₹ 16,711,052 ₹ 17,212,384 ₹ 17,728,755 ₹ 18,260,618

₹ 2,648,869 ₹ 2,781,312 ₹ 2,920,378 ₹ 3,342,210 ₹ 3,442,477 ₹ 3,545,751 ₹ 3,652,124
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 2,648,869 ₹ 2,781,312 ₹ 2,920,378 ₹ 3,342,210 ₹ 3,442,477 ₹ 3,545,751 ₹ 3,652,124
₹ 1,324,434 ₹ 1,390,656 ₹ 1,460,189 ₹ 1,671,105 ₹ 1,721,238 ₹ 1,772,876 ₹ 1,826,062
₹ 1,125,769 ₹ 1,182,058 ₹ 1,241,161 ₹ 1,420,439 ₹ 1,463,053 ₹ 1,506,944 ₹ 1,552,153
20% 20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80% 80%
₹ 386,895 ₹ 406,240 ₹ 426,552 ₹ 474,560 ₹ 488,797 ₹ 503,461 ₹ 518,565

₹ 1,547,581 ₹ 1,624,960 ₹ 1,706,208 ₹ 1,898,240 ₹ 1,955,187 ₹ 2,013,843 ₹ 2,074,258
₹ 9,007,483 ₹ 9,277,708 ₹ 9,556,039 ₹ 9,842,720 ₹ 10,138,002 ₹ 10,442,142 ₹ 10,755,406

₹ 2,522,095 ₹ 2,597,758 ₹ 2,675,691 ₹ 2,755,962 ₹ 2,838,640 ₹ 2,923,800 ₹ 3,011,514
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 2,522,095 ₹ 2,597,758 ₹ 2,675,691 ₹ 2,755,962 ₹ 2,838,640 ₹ 2,923,800 ₹ 3,011,514
₹ 1,261,048 ₹ 1,298,879 ₹ 1,337,845 ₹ 1,377,981 ₹ 1,419,320 ₹ 1,461,900 ₹ 1,505,757
₹ 1,071,890 ₹ 1,104,047 ₹ 1,137,169 ₹ 1,171,284 ₹ 1,206,422 ₹ 1,242,615 ₹ 1,279,893
₹ 18,808,437 ₹ 19,372,690 ₹ 19,953,870 ₹ 20,552,486 ₹ 21,169,061 ₹ 21,804,133 ₹ 22,458,257

₹ 3,761,687 ₹ 3,874,538 ₹ 3,990,774 ₹ 4,110,497 ₹ 4,233,812 ₹ 4,360,827 ₹ 4,491,651
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 3,761,687 ₹ 3,874,538 ₹ 3,990,774 ₹ 4,110,497 ₹ 4,233,812 ₹ 4,360,827 ₹ 4,491,651
₹ 1,880,844 ₹ 1,937,269 ₹ 1,995,387 ₹ 2,055,249 ₹ 2,116,906 ₹ 2,180,413 ₹ 2,245,826
₹ 1,598,717 ₹ 1,646,679 ₹ 1,696,079 ₹ 1,746,961 ₹ 1,799,370 ₹ 1,853,351 ₹ 1,908,952
20% 20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80% 80%
₹ 534,122 ₹ 550,145 ₹ 566,650 ₹ 583,649 ₹ 601,158 ₹ 619,193 ₹ 637,769

₹ 2,136,486 ₹ 2,200,581 ₹ 2,266,598 ₹ 2,334,596 ₹ 2,404,634 ₹ 2,476,773 ₹ 2,551,076
₹ 11,078,068 ₹ 11,299,629 ₹ 11,525,622 ₹ 11,756,134 ₹ 11,991,257 ₹ 12,231,082 ₹ 12,475,704

₹ 3,101,859 ₹ 3,276,893 ₹ 3,342,430 ₹ 3,409,279 ₹ 3,477,465 ₹ 3,547,014 ₹ 3,617,954
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 3,101,859 ₹ 3,276,893 ₹ 3,342,430 ₹ 3,409,279 ₹ 3,477,465 ₹ 3,547,014 ₹ 3,617,954
₹ 1,550,930 ₹ 1,638,446 ₹ 1,671,215 ₹ 1,704,640 ₹ 1,738,732 ₹ 1,773,507 ₹ 1,808,977
₹ 1,318,290 ₹ 1,392,679 ₹ 1,420,533 ₹ 1,448,944 ₹ 1,477,922 ₹ 1,507,481 ₹ 1,537,631
₹ 23,132,005 ₹ 23,594,645 ₹ 24,066,538 ₹ 24,547,868 ₹ 25,038,826 ₹ 25,539,602 ₹ 26,050,394

₹ 4,626,401 ₹ 4,718,929 ₹ 4,813,308 ₹ 4,909,574 ₹ 5,007,765 ₹ 5,107,920 ₹ 5,210,079
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 4,626,401 ₹ 4,718,929 ₹ 4,813,308 ₹ 4,909,574 ₹ 5,007,765 ₹ 5,107,920 ₹ 5,210,079
₹ 2,313,200 ₹ 2,359,464 ₹ 2,406,654 ₹ 2,454,787 ₹ 2,503,883 ₹ 2,553,960 ₹ 2,605,039
₹ 1,966,220 ₹ 2,005,545 ₹ 2,045,656 ₹ 2,086,569 ₹ 2,128,300 ₹ 2,170,866 ₹ 2,214,284
20% 20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80% 80%
₹ 656,902 ₹ 679,645 ₹ 693,238 ₹ 707,102 ₹ 721,245 ₹ 735,669 ₹ 750,383

₹ 2,627,608 ₹ 2,718,579 ₹ 2,772,951 ₹ 2,828,410 ₹ 2,884,978 ₹ 2,942,678 ₹ 3,001,531
₹ 12,725,218 ₹ 12,979,722 ₹ 13,239,317 ₹ 13,504,103 ₹ 13,774,185 ₹ 14,049,669

₹ 3,690,313 ₹ 3,764,119 ₹ 3,839,402 ₹ 3,916,190 ₹ 3,994,514 ₹ 4,074,404
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 3,690,313 ₹ 3,764,119 ₹ 3,839,402 ₹ 3,916,190 ₹ 3,994,514 ₹ 4,074,404
₹ 1,845,157 ₹ 1,882,060 ₹ 1,919,701 ₹ 1,958,095 ₹ 1,997,257 ₹ 2,037,202
₹ 1,568,383 ₹ 1,599,751 ₹ 1,631,746 ₹ 1,664,381 ₹ 1,697,668 ₹ 1,731,622
₹ 26,571,402 ₹ 27,102,830 ₹ 27,644,887 ₹ 28,197,785 ₹ 28,761,740 ₹ 29,336,975

₹ 5,314,280 ₹ 5,420,566 ₹ 5,528,977 ₹ 5,639,557 ₹ 5,752,348 ₹ 5,867,395
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 5,314,280 ₹ 5,420,566 ₹ 5,528,977 ₹ 5,639,557 ₹ 5,752,348 ₹ 5,867,395
₹ 2,657,140 ₹ 2,710,283 ₹ 2,764,489 ₹ 2,819,778 ₹ 2,876,174 ₹ 2,933,698
₹ 2,258,569 ₹ 2,303,741 ₹ 2,349,815 ₹ 2,396,812 ₹ 2,444,748 ₹ 2,493,643
20% 20% 20% 20% 20% 20%

80% 80% 80% 80% 80% 80%
₹ 765,390 ₹ 780,698 ₹ 796,312 ₹ 812,238 ₹ 828,483 ₹ 845,053

₹ 3,061,562 ₹ 3,122,793 ₹ 3,185,249 ₹ 3,248,954 ₹ 3,313,933 ₹ 3,380,212
Company XYZ
Monthly Profit & Loss Statement
Amounts in INR
Q1 Q1 Q1 Q2
FY 2023 FY 2023 FY 2023 FY 2023
Banloop+Pineloop+others ₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000

Hemploop (fibres) ₹ 4,050,000 ₹ 4,060,000 ₹ 6,070,000 ₹ 6,070,000
Agro leather ₹0 ₹0 ₹0 ₹0
D2C (Slow by Company XYZ) ₹ 26,400 ₹ 29,700 ₹ 36,300 ₹ 42,900
Total Revenue of Company XYZ Entity ₹ 4,706,400 ₹ 4,719,700 ₹ 6,736,300 ₹ 6,742,900
Revenue share from Natloop ₹0 ₹ 50,000 ₹ 65,000 ₹ 84,500

Revenue share from Hemptex ₹ 250,000 ₹ 275,000 ₹ 324,500 ₹ 382,910
Total Revenue of Company XYZ Group (Includi ₹ 4,956,400 ₹ 5,044,700 ₹ 7,125,800 ₹ 7,210,310
Total COGS of Company XYZ Entity ₹ 3,410,840 ₹ 3,418,095 ₹ 4,646,505 ₹ 4,648,815
Gross Profit of Company XYZ Entity ₹ 1,295,560 ₹ 1,301,605 ₹ 2,089,795 ₹ 2,094,085

Gross Margin % 28% 28% 31% 31%
Total COGS of Company XYZ Group ₹ 3,623,340 ₹ 3,689,345 ₹ 4,971,080 ₹ 5,037,664
Gross Profit of Company XYZ Group ₹ 1,083,060 ₹ 1,030,355 ₹ 1,765,220 ₹ 1,705,237

Gross Margin % 23% 22% 26% 25%
Operating Expenses
Marketing Budget ₹ 20,000 ₹ 24,000 ₹ 28,800 ₹ 34,560
Marketing Expenses (Agency costs) ₹ 37,500 ₹ 37,500 ₹ 37,500 ₹ 37,500
Research and Development & Prototype Expense ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000
General Office Maintenance ₹ 320,000 ₹ 320,000 ₹ 320,000 ₹ 320,000
Communication, travel, courier and conveyance ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000
Legal and Proffesional ₹ 32,500 ₹ 32,500 ₹ 32,500 ₹ 32,500
Other Miscellaneous Expenses ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000
Payroll (Indirect) ₹ 510,180 ₹ 510,290 ₹ 532,400 ₹ 532,400
Total Operating Expenses ₹ 1,640,180 ₹ 1,644,290 ₹ 1,671,200 ₹ 1,676,960
EBITDA ₹ -557,120 ₹ -613,935 ₹ 94,020 ₹ 28,277

EBITDA Margin (%) NA NA 1% 0%
Depreciation & Amortization ₹ 96,433 ₹ 95,865 ₹ 95,302 ₹ 94,743

Interest Income ₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500
Profit Before Tax (PBT) ₹ -666,053 ₹ -722,300 ₹ -13,782 ₹ -78,967

Tax Rate ₹0 ₹0 ₹0 ₹0
Profit After Tax (PAT) ₹ -666,053 ₹ -722,300 ₹ -13,782 ₹ -78,967

PAT Margin (%) NA NA NA NA
Number of Tonnes produced

Other Fibres 1.26 1.26 1.26 1.26
Hemploop 10.13 10.15 15.18 15.18
Q2 Q2 Q3 Q3 Q3 Q4
FY 2023 FY 2023 FY 2023 FY 2023 FY 2023 FY 2023
₹ 630,000 ₹ 695,000 ₹ 695,000 ₹ 695,000 ₹ 695,000 ₹ 695,000

₹ 6,070,000 ₹ 6,080,000 ₹ 8,080,000 ₹ 8,080,000 ₹ 8,090,000 ₹ 8,090,000
₹0 ₹0 ₹ 21,000 ₹ 21,000 ₹ 21,000 ₹ 21,000
₹ 52,800 ₹ 62,700 ₹ 75,900 ₹ 92,400 ₹ 108,900 ₹ 132,000
₹ 6,752,800 ₹ 6,837,700 ₹ 8,871,900 ₹ 8,888,400 ₹ 8,914,900 ₹ 8,938,000
₹ 109,850 ₹ 142,805 ₹ 185,647 ₹ 241,340 ₹ 313,743 ₹ 407,865

₹ 451,834 ₹ 533,164 ₹ 629,133 ₹ 742,377 ₹ 876,005 ₹ 1,033,686
₹ 7,314,484 ₹ 7,513,669 ₹ 9,686,680 ₹ 9,872,118 ₹ 10,104,648 ₹ 10,379,552
₹ 4,652,280 ₹ 4,701,495 ₹ 5,938,925 ₹ 6,336,300 ₹ 6,348,175 ₹ 6,356,260
₹ 2,100,520 ₹ 2,136,205 ₹ 2,932,975 ₹ 2,552,100 ₹ 2,566,725 ₹ 2,581,740

31% 31% 33% 29% 29% 29%
₹ 5,118,726 ₹ 5,261,788 ₹ 6,612,923 ₹ 7,148,326 ₹ 7,328,086 ₹ 7,540,792
₹ 1,634,074 ₹ 1,575,912 ₹ 2,258,977 ₹ 1,740,074 ₹ 1,586,814 ₹ 1,397,208

24% 23% 25% 20% 18% 16%
₹ 41,472 ₹ 49,766 ₹ 59,720 ₹ 71,664 ₹ 85,996 ₹ 103,196

₹ 37,500 ₹ 37,500 ₹ 37,500 ₹ 37,500 ₹ 37,500 ₹ 37,500
₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000
₹ 320,000 ₹ 320,000 ₹ 320,000 ₹ 320,000 ₹ 320,000 ₹ 320,000
₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000 ₹ 120,000
₹ 32,500 ₹ 32,500 ₹ 32,500 ₹ 32,500 ₹ 32,500 ₹ 32,500
₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000 ₹ 100,000
₹ 532,400 ₹ 533,225 ₹ 555,225 ₹ 612,425 ₹ 612,535 ₹ 612,535
₹ 1,683,872 ₹ 1,692,991 ₹ 1,724,945 ₹ 1,794,089 ₹ 1,808,531 ₹ 1,825,731
₹ -49,798 ₹ -117,079 ₹ 534,032 ₹ -54,015 ₹ -221,718 ₹ -428,523

NA NA 6% NA NA NA
₹ 94,189 ₹ 93,639 ₹ 133,094 ₹ 132,233 ₹ 131,379 ₹ 130,532

₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500 ₹ 12,500
₹ -156,487 ₹ -223,219 ₹ 388,438 ₹ -198,748 ₹ -365,597 ₹ -571,555

₹0 ₹0 ₹ 58,266 ₹0 ₹0 ₹0
₹ -156,487 ₹ -223,219 ₹ 330,172 ₹ -198,748 ₹ -365,597 ₹ -571,555

NA NA 3% NA NA NA
1.26 1.39 1.39 1.39 1.39 1.39

15.18 15.20 20.20 20.20 20.23 20.23
Q4 Q4 Q1 Q1 Q1 Q2
FY 2023 FY 2023 FY 2024 FY 2024 FY 2024 FY 2024
₹ 695,000 ₹ 695,000 ₹ 3,390,000 ₹ 3,390,000 ₹ 3,468,000 ₹ 3,468,000

₹ 8,100,000 ₹ 8,100,000 ₹ 11,072,000 ₹ 11,072,000 ₹ 11,084,000 ₹ 11,084,000
₹ 21,000 ₹ 21,000 ₹ 1,050,400 ₹ 1,050,400 ₹ 1,058,800 ₹ 1,058,800
₹ 158,400 ₹ 188,100 ₹ 356,400 ₹ 392,040 ₹ 431,640 ₹ 475,200
₹ 8,974,400 ₹ 9,004,100 ₹ 15,868,800 ₹ 15,904,440 ₹ 16,042,440 ₹ 16,086,000
₹ 530,225 ₹ 689,292 ₹ 758,222 ₹ 834,044 ₹ 917,448 ₹ 1,009,193

₹ 1,219,750 ₹ 1,439,305 ₹ 1,583,235 ₹ 1,741,559 ₹ 1,915,715 ₹ 2,107,286
₹ 10,724,375 ₹ 11,132,697 ₹ 18,210,257 ₹ 18,480,043 ₹ 18,875,603 ₹ 19,202,479
₹ 6,371,600 ₹ 6,381,995 ₹ 10,223,484 ₹ 10,235,602 ₹ 10,305,154 ₹ 10,319,964
₹ 2,602,800 ₹ 2,622,105 ₹ 5,645,316 ₹ 5,668,838 ₹ 5,737,286 ₹ 5,766,036

29% 29% 36% 36% 36% 36%
₹ 7,806,056 ₹ 8,122,373 ₹ 12,114,486 ₹ 12,315,703 ₹ 12,593,266 ₹ 12,836,887
₹ 1,168,344 ₹ 881,727 ₹ 3,754,314 ₹ 3,588,737 ₹ 3,449,174 ₹ 3,249,113

13% 10% 24% 23% 22% 20%
₹ 123,835 ₹ 148,602 ₹ 163,462 ₹ 179,808 ₹ 197,789 ₹ 217,568

₹ 37,500 ₹ 37,500 ₹ 975,000 ₹ 975,000 ₹ 975,000 ₹ 975,000
₹ 500,000 ₹ 500,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000
₹ 320,000 ₹ 320,000 ₹ 800,000 ₹ 800,000 ₹ 800,000 ₹ 800,000
₹ 120,000 ₹ 120,000 ₹ 420,000 ₹ 420,000 ₹ 420,000 ₹ 420,000
₹ 32,500 ₹ 32,500 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000
₹ 100,000 ₹ 100,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000
₹ 612,645 ₹ 612,645 ₹ 1,822,722 ₹ 1,822,722 ₹ 1,823,712 ₹ 1,823,712
₹ 1,846,480 ₹ 1,871,247 ₹ 5,446,184 ₹ 5,462,530 ₹ 5,481,501 ₹ 5,501,280
₹ -678,136 ₹ -989,520 ₹ -1,691,870 ₹ -1,873,793 ₹ -2,032,326 ₹ -2,252,167

NA NA NA NA NA NA
₹ 129,691 ₹ 128,857 ₹ 308,030 ₹ 305,770 ₹ 303,528 ₹ 301,303

₹ 12,500 ₹ 12,500 ₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750
₹ -820,327 ₹ -1,130,878 ₹ -2,013,650 ₹ -2,193,313 ₹ -2,349,604 ₹ -2,567,220

₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -820,327 ₹ -1,130,878 ₹ -2,013,650 ₹ -2,193,313 ₹ -2,349,604 ₹ -2,567,220

NA NA NA NA NA NA
1.39 1.39 7.53 7.53 7.71 7.71

20.25 20.25 29.14 29.14 29.17 29.17
Q2 Q2 Q3 Q3 Q3 Q4
FY 2024 FY 2024 FY 2024 FY 2024 FY 2024 FY 2024
₹ 4,468,000 ₹ 4,468,000 ₹ 4,546,000 ₹ 4,546,000 ₹ 4,546,000 ₹ 4,546,000

₹ 16,584,000 ₹ 16,584,000 ₹ 16,596,000 ₹ 16,596,000 ₹ 16,596,000 ₹ 16,596,000
₹ 1,558,800 ₹ 1,558,800 ₹ 1,567,200 ₹ 1,567,200 ₹ 1,567,200 ₹ 1,567,200
₹ 518,760 ₹ 574,200 ₹ 629,640 ₹ 693,000 ₹ 764,280 ₹ 839,520
₹ 23,129,560 ₹ 23,185,000 ₹ 23,338,840 ₹ 23,402,200 ₹ 23,473,480 ₹ 23,548,720
₹ 1,110,112 ₹ 1,221,124 ₹ 1,343,236 ₹ 1,477,560 ₹ 1,625,316 ₹ 1,787,847

₹ 2,318,015 ₹ 2,549,816 ₹ 2,804,798 ₹ 3,085,278 ₹ 3,393,805 ₹ 3,733,186
₹ 26,557,687 ₹ 26,955,940 ₹ 27,486,874 ₹ 27,965,037 ₹ 28,492,601 ₹ 29,069,753
₹ 14,324,774 ₹ 15,243,864 ₹ 15,318,802 ₹ 15,340,344 ₹ 15,364,579 ₹ 15,390,161
₹ 8,804,786 ₹ 7,941,136 ₹ 8,020,038 ₹ 8,061,856 ₹ 8,108,901 ₹ 8,158,559

38% 34% 34% 34% 35% 35%
₹ 17,093,390 ₹ 18,289,341 ₹ 18,668,826 ₹ 19,025,371 ₹ 19,418,109 ₹ 19,849,044
₹ 6,036,170 ₹ 4,895,659 ₹ 4,670,014 ₹ 4,376,829 ₹ 4,055,371 ₹ 3,699,676

26% 21% 20% 19% 17% 16%
₹ 239,324 ₹ 263,257 ₹ 289,583 ₹ 318,541 ₹ 350,395 ₹ 385,434

₹ 975,000 ₹ 975,000 ₹ 975,000 ₹ 975,000 ₹ 975,000 ₹ 975,000
₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000 ₹ 1,000,000
₹ 800,000 ₹ 800,000 ₹ 800,000 ₹ 800,000 ₹ 800,000 ₹ 800,000
₹ 420,000 ₹ 420,000 ₹ 420,000 ₹ 420,000 ₹ 420,000 ₹ 420,000
₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000
₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000 ₹ 200,000
₹ 1,895,212 ₹ 2,021,052 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042 ₹ 2,022,042
₹ 5,594,536 ₹ 5,744,309 ₹ 5,771,625 ₹ 5,800,583 ₹ 5,832,437 ₹ 5,867,476
₹ 441,634 ₹ -848,650 ₹ -1,101,611 ₹ -1,423,754 ₹ -1,777,066 ₹ -2,167,800

2% NA NA NA NA NA
₹ 299,096 ₹ 296,907 ₹ 294,736 ₹ 292,582 ₹ 290,445 ₹ 288,325

₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750 ₹ 13,750
₹ 128,787 ₹ -1,159,308 ₹ -1,410,097 ₹ -1,730,086 ₹ -2,081,261 ₹ -2,469,876

₹ 19,318 ₹0 ₹0 ₹0 ₹0 ₹0
₹ 109,469 ₹ -1,159,308 ₹ -1,410,097 ₹ -1,730,086 ₹ -2,081,261 ₹ -2,469,876

0% NA NA NA NA NA
9.93 9.93 10.10 10.10 10.10 10.10

43.64 43.64 43.67 43.67 43.67 43.67
Q4 Q4 Q1 Q1 Q1 Q2
FY 2024 FY 2024 FY 2025 FY 2025 FY 2025 FY 2025
₹ 4,624,000 ₹ 4,624,000 ₹ 15,123,200 ₹ 15,123,200 ₹ 18,623,200 ₹ 18,716,800

₹ 16,608,000 ₹ 16,608,000 ₹ 33,100,800 ₹ 33,100,800 ₹ 44,100,800 ₹ 44,100,800
₹ 1,575,600 ₹ 1,575,600 ₹ 3,380,640 ₹ 3,380,640 ₹ 4,480,640 ₹ 4,480,640
₹ 922,680 ₹ 1,013,760 ₹ 1,533,312 ₹ 1,690,128 ₹ 1,855,656 ₹ 2,042,964
₹ 23,730,280 ₹ 23,821,360 ₹ 53,137,952 ₹ 53,294,768 ₹ 69,060,296 ₹ 69,341,204
₹ 1,966,632 ₹ 2,163,295 ₹ 2,271,460 ₹ 2,385,033 ₹ 2,504,284 ₹ 2,629,499

₹ 4,106,505 ₹ 4,517,155 ₹ 4,743,013 ₹ 4,980,163 ₹ 5,229,172 ₹ 5,490,630
₹ 29,803,416 ₹ 30,501,810 ₹ 60,152,424 ₹ 60,659,964 ₹ 76,793,752 ₹ 77,461,333
₹ 15,474,523 ₹ 15,505,490 ₹ 32,425,833 ₹ 32,476,014 ₹ 43,401,511 ₹ 43,514,801
₹ 8,255,757 ₹ 8,315,870 ₹ 20,712,119 ₹ 20,818,754 ₹ 25,658,785 ₹ 25,826,403

35% 35% 39% 39% 37% 37%
₹ 20,379,295 ₹ 20,900,739 ₹ 37,973,269 ₹ 38,300,822 ₹ 49,517,559 ₹ 49,936,652
₹ 3,350,985 ₹ 2,920,621 ₹ 15,164,683 ₹ 14,993,946 ₹ 19,542,737 ₹ 19,404,552

14% 12% 29% 28% 28% 28%
₹ 423,978 ₹ 466,376 ₹ 513,013 ₹ 564,315 ₹ 620,746 ₹ 682,821

₹ 975,000 ₹ 975,000 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500
₹ 1,000,000 ₹ 1,000,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000
₹ 800,000 ₹ 800,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000
₹ 420,000 ₹ 420,000 ₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000
₹ 65,000 ₹ 65,000 ₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000
₹ 200,000 ₹ 200,000 ₹ 220,000 ₹ 220,000 ₹ 220,000 ₹ 220,000
₹ 2,023,032 ₹ 2,023,032 ₹ 3,191,892 ₹ 3,191,892 ₹ 3,628,240 ₹ 3,629,270
₹ 5,907,010 ₹ 5,949,408 ₹ 9,247,405 ₹ 9,298,707 ₹ 9,791,486 ₹ 9,854,590
₹ -2,556,024 ₹ -3,028,787 ₹ 5,917,278 ₹ 5,695,240 ₹ 9,751,251 ₹ 9,549,962

NA NA 10% 9% 13% 12%
₹ 286,222 ₹ 284,136 ₹ 902,067 ₹ 895,054 ₹ 888,098 ₹ 1,081,197

₹ 13,750 ₹ 13,750 ₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 15,125
₹ -2,855,997 ₹ -3,326,673 ₹ 5,000,086 ₹ 4,785,060 ₹ 8,848,028 ₹ 8,453,640

₹0 ₹0 ₹ 750,013 ₹ 717,759 ₹ 1,327,204 ₹ 1,268,046
₹ -2,855,997 ₹ -3,326,673 ₹ 4,250,073 ₹ 4,067,301 ₹ 7,520,824 ₹ 7,185,594

NA NA 7% 7% 10% 9%
10.28 10.28 60.49 60.49 74.49 74.87

43.71 43.71 94.57 94.57 126.00 126.00
Q2 Q2 Q3 Q3 Q3 Q4
FY 2025 FY 2025 FY 2025 FY 2025 FY 2025 FY 2025
₹ 18,716,800 ₹ 18,716,800 ₹ 18,810,400 ₹ 18,810,400 ₹ 22,310,400 ₹ 22,310,400

₹ 44,100,800 ₹ 44,100,800 ₹ 44,115,200 ₹ 44,115,200 ₹ 44,115,200 ₹ 44,115,200
₹ 4,490,720 ₹ 4,490,720 ₹ 4,490,720 ₹ 4,490,720 ₹ 4,500,800 ₹ 4,500,800
₹ 2,247,696 ₹ 2,469,852 ₹ 2,718,144 ₹ 2,992,572 ₹ 3,288,780 ₹ 3,619,836
₹ 69,556,016 ₹ 69,778,172 ₹ 70,134,464 ₹ 70,408,892 ₹ 74,215,180 ₹ 74,546,236
₹ 2,760,974 ₹ 2,899,022 ₹ 3,043,973 ₹ 3,196,172 ₹ 3,355,981 ₹ 3,523,780

₹ 5,765,162 ₹ 6,053,420 ₹ 6,356,091 ₹ 6,673,895 ₹ 7,007,590 ₹ 7,357,969
₹ 78,082,151 ₹ 78,730,614 ₹ 79,534,528 ₹ 80,278,959 ₹ 84,578,751 ₹ 85,427,985
₹ 43,586,061 ₹ 43,657,151 ₹ 43,798,164 ₹ 43,885,981 ₹ 45,981,514 ₹ 46,087,452
₹ 25,969,955 ₹ 26,121,021 ₹ 26,336,300 ₹ 26,522,911 ₹ 28,233,666 ₹ 28,458,784

37% 37% 38% 38% 38% 38%
₹ 50,329,004 ₹ 50,737,241 ₹ 51,232,259 ₹ 51,691,781 ₹ 54,177,603 ₹ 54,693,346
₹ 19,227,012 ₹ 19,040,931 ₹ 18,902,205 ₹ 18,717,111 ₹ 20,037,577 ₹ 19,852,890

28% 27% 27% 27% 27% 27%
₹ 751,103 ₹ 826,213 ₹ 908,834 ₹ 999,718 ₹ 1,099,690 ₹ 1,209,658

₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500 ₹ 1,462,500
₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000
₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000 ₹ 1,600,000
₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000 ₹ 630,000
₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000 ₹ 130,000
₹ 220,000 ₹ 220,000 ₹ 220,000 ₹ 220,000 ₹ 220,000 ₹ 220,000
₹ 3,629,270 ₹ 3,629,270 ₹ 3,630,458 ₹ 3,630,458 ₹ 3,668,958 ₹ 3,668,958
₹ 9,922,872 ₹ 9,997,983 ₹ 10,081,792 ₹ 10,172,675 ₹ 10,311,147 ₹ 10,421,116
₹ 9,304,139 ₹ 9,042,948 ₹ 8,820,413 ₹ 8,544,436 ₹ 9,726,430 ₹ 9,431,774

12% 11% 11% 11% 11% 11%
₹ 1,072,751 ₹ 1,064,373 ₹ 1,256,061 ₹ 1,246,217 ₹ 1,236,451 ₹ 1,426,763

₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 15,125 ₹ 15,125
₹ 8,216,263 ₹ 7,963,450 ₹ 7,549,226 ₹ 7,283,094 ₹ 8,474,854 ₹ 7,989,886

₹ 1,232,440 ₹ 1,194,518 ₹ 1,132,384 ₹ 1,092,464 ₹ 1,271,228 ₹ 1,198,483
₹ 6,983,824 ₹ 6,768,933 ₹ 6,416,842 ₹ 6,190,630 ₹ 7,203,626 ₹ 6,791,403

9% 9% 8% 8% 9% 8%
74.87 74.87 75.24 75.24 89.24 89.24

126.00 126.00 126.04 126.04 126.04 126.04
Q4 Q4 Q1 Q1 Q1 Q2
FY 2025 FY 2025 FY 2026 FY 2026 FY 2026 FY 2026
₹ 22,404,000 ₹ 22,404,000 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800

₹ 44,115,200 ₹ 44,129,600 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960
₹ 4,500,800 ₹ 4,500,800 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152
₹ 3,981,384 ₹ 4,377,780 ₹ 5,620,547 ₹ 5,898,460 ₹ 6,195,539 ₹ 6,506,993
₹ 75,001,384 ₹ 75,412,180 ₹ 126,571,459 ₹ 126,849,372 ₹ 127,146,451 ₹ 127,457,905
₹ 3,699,969 ₹ 3,884,967 ₹ 4,001,516 ₹ 4,121,562 ₹ 4,245,208 ₹ 4,372,565

₹ 7,725,868 ₹ 8,112,161 ₹ 8,355,526 ₹ 8,606,192 ₹ 8,864,378 ₹ 9,130,309
₹ 86,427,221 ₹ 87,409,308 ₹ 138,928,501 ₹ 139,577,125 ₹ 140,256,037 ₹ 140,960,778
₹ 46,256,499 ₹ 46,391,554 ₹ 73,322,327 ₹ 75,291,462 ₹ 75,380,586 ₹ 75,474,022
₹ 28,744,885 ₹ 29,020,626 ₹ 53,249,132 ₹ 51,557,910 ₹ 51,765,865 ₹ 51,983,883

38% 38% 42% 41% 41% 41%
₹ 55,292,688 ₹ 55,879,552 ₹ 82,887,840 ₹ 85,143,940 ₹ 85,528,638 ₹ 85,926,516
₹ 19,708,696 ₹ 19,532,628 ₹ 43,683,619 ₹ 41,705,432 ₹ 41,617,813 ₹ 41,531,389

26% 26% 35% 33% 33% 33%
₹ 1,330,624 ₹ 1,463,687 ₹ 1,536,871 ₹ 1,613,715 ₹ 1,694,400 ₹ 1,779,120

₹ 1,462,500 ₹ 1,462,500 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750
₹ 1,500,000 ₹ 1,500,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000
₹ 1,600,000 ₹ 1,600,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000
₹ 630,000 ₹ 630,000 ₹ 837,900 ₹ 837,900 ₹ 837,900 ₹ 837,900
₹ 130,000 ₹ 130,000 ₹ 260,000 ₹ 260,000 ₹ 260,000 ₹ 260,000
₹ 220,000 ₹ 220,000 ₹ 242,000 ₹ 242,000 ₹ 242,000 ₹ 242,000
₹ 3,669,987 ₹ 4,504,936 ₹ 5,490,236 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769
₹ 10,543,112 ₹ 11,511,122 ₹ 15,210,757 ₹ 15,592,133 ₹ 15,672,819 ₹ 15,757,539
₹ 9,165,585 ₹ 8,021,506 ₹ 28,472,862 ₹ 26,113,298 ₹ 25,944,994 ₹ 25,773,850

11% 9% 20% 19% 18% 18%
₹ 1,415,553 ₹ 1,404,432 ₹ 2,033,400 ₹ 2,017,337 ₹ 2,001,402 ₹ 2,285,595

₹ 15,125 ₹ 15,125 ₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638
₹ 7,734,907 ₹ 6,601,949 ₹ 26,422,824 ₹ 24,079,324 ₹ 23,926,954 ₹ 23,471,618

₹ 1,160,236 ₹ 990,292 ₹ 3,963,424 ₹ 3,611,899 ₹ 3,589,043 ₹ 3,520,743
₹ 6,574,671 ₹ 5,611,657 ₹ 22,459,401 ₹ 20,467,425 ₹ 20,337,911 ₹ 19,950,875

8% 6% 16% 15% 15% 14%
89.62 89.62 194.15 194.15 194.15 194.15

126.04 126.08 206.63 206.63 206.63 206.63
Q2 Q2 Q3 Q3 Q3 Q4
FY 2026 FY 2026 FY 2026 FY 2026 FY 2026 FY 2026
₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800 ₹ 43,684,800

₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960 ₹ 66,120,960
₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152 ₹ 11,145,152
₹ 6,832,822 ₹ 7,173,025 ₹ 7,532,395 ₹ 7,906,140 ₹ 8,303,843 ₹ 8,715,920
₹ 127,783,734 ₹ 128,123,937 ₹ 128,483,307 ₹ 128,857,052 ₹ 129,254,755 ₹ 129,666,832
₹ 4,503,742 ₹ 4,638,854 ₹ 4,778,019 ₹ 4,921,360 ₹ 5,069,001 ₹ 5,221,071

₹ 9,404,218 ₹ 9,686,345 ₹ 9,976,935 ₹ 10,276,243 ₹ 10,584,531 ₹ 10,902,066
₹ 141,691,693 ₹ 142,449,136 ₹ 143,238,262 ₹ 144,054,655 ₹ 144,908,286 ₹ 145,789,970
₹ 75,571,770 ₹ 75,673,832 ₹ 75,781,643 ₹ 75,893,766 ₹ 76,013,077 ₹ 76,136,700
₹ 52,211,963 ₹ 52,450,106 ₹ 52,701,665 ₹ 52,963,286 ₹ 53,241,678 ₹ 53,530,132

41% 41% 41% 41% 41% 41%
₹ 86,337,839 ₹ 86,762,882 ₹ 87,203,365 ₹ 87,658,140 ₹ 88,130,382 ₹ 88,617,524
₹ 41,445,895 ₹ 41,361,055 ₹ 41,279,943 ₹ 41,198,912 ₹ 41,124,373 ₹ 41,049,308

32% 32% 32% 32% 32% 32%
₹ 1,868,076 ₹ 1,961,480 ₹ 2,059,554 ₹ 2,162,532 ₹ 2,270,659 ₹ 2,384,192

₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750 ₹ 2,193,750
₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000 ₹ 2,250,000
₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000
₹ 837,900 ₹ 837,900 ₹ 837,900 ₹ 837,900 ₹ 837,900 ₹ 837,900
₹ 260,000 ₹ 260,000 ₹ 260,000 ₹ 260,000 ₹ 260,000 ₹ 260,000
₹ 242,000 ₹ 242,000 ₹ 242,000 ₹ 242,000 ₹ 242,000 ₹ 242,000
₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769 ₹ 5,794,769
₹ 15,846,495 ₹ 15,939,899 ₹ 16,037,973 ₹ 16,140,951 ₹ 16,249,077 ₹ 16,362,610
₹ 25,599,399 ₹ 25,421,156 ₹ 25,241,969 ₹ 25,057,961 ₹ 24,875,296 ₹ 24,686,698

18% 18% 18% 17% 17% 17%
₹ 2,267,514 ₹ 2,249,577 ₹ 2,531,784 ₹ 2,511,734 ₹ 2,491,844 ₹ 2,772,113

₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638 ₹ 16,638
₹ 23,315,248 ₹ 23,154,941 ₹ 22,693,548 ₹ 22,529,590 ₹ 22,366,814 ₹ 21,897,948

₹ 3,497,287 ₹ 3,473,241 ₹ 3,404,032 ₹ 3,379,439 ₹ 3,355,022 ₹ 3,284,692
₹ 19,817,961 ₹ 19,681,700 ₹ 19,289,515 ₹ 19,150,152 ₹ 19,011,792 ₹ 18,613,255

14% 14% 13% 13% 13% 13%
194.15 194.15 194.15 194.15 194.15 194.15

206.63 206.63 206.63 206.63 206.63 206.63
Q4 Q4 Q1 Q1 Q1 Q2
FY 2026 FY 2026 FY 2027 FY 2027 FY 2027 FY 2027
₹ 43,684,800 ₹ 43,684,800 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328

₹ 66,120,960 ₹ 66,120,960 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416
₹ 11,145,152 ₹ 11,145,152 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667
₹ 9,151,956 ₹ 9,611,950 ₹ 12,333,578 ₹ 12,950,257 ₹ 13,598,561 ₹ 14,278,489
₹ 130,102,868 ₹ 130,562,862 ₹ 260,308,990 ₹ 260,925,669 ₹ 261,573,972 ₹ 262,253,900
₹ 5,377,703 ₹ 5,539,034 ₹ 5,649,815 ₹ 5,762,811 ₹ 5,878,067 ₹ 5,995,629

₹ 11,229,128 ₹ 11,566,002 ₹ 11,797,322 ₹ 12,033,269 ₹ 12,273,934 ₹ 12,519,413
₹ 146,709,699 ₹ 147,667,898 ₹ 277,756,127 ₹ 278,721,748 ₹ 279,725,973 ₹ 280,768,941
₹ 76,267,511 ₹ 76,405,509 ₹ 147,689,893 ₹ 147,862,563 ₹ 148,044,088 ₹ 148,234,468
₹ 53,835,357 ₹ 54,157,353 ₹ 112,619,097 ₹ 113,063,106 ₹ 113,529,884 ₹ 114,019,432

41% 41% 43% 43% 43% 43%
₹ 89,122,760 ₹ 89,646,415 ₹ 161,139,119 ₹ 161,580,774 ₹ 162,036,663 ₹ 162,506,894
₹ 40,980,108 ₹ 40,916,446 ₹ 99,169,871 ₹ 99,344,895 ₹ 99,537,309 ₹ 99,747,006

31% 31% 38% 38% 38% 38%
₹ 2,503,401 ₹ 2,628,571 ₹ 2,760,000 ₹ 2,898,000 ₹ 3,042,900 ₹ 3,195,045

₹ 2,193,750 ₹ 2,193,750 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625
₹ 2,250,000 ₹ 2,250,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000
₹ 2,400,000 ₹ 2,400,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000
₹ 837,900 ₹ 837,900 ₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690
₹ 260,000 ₹ 260,000 ₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000
₹ 242,000 ₹ 242,000 ₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200
₹ 5,794,769 ₹ 5,794,769 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169
₹ 16,481,820 ₹ 16,606,990 ₹ 22,125,684 ₹ 22,263,684 ₹ 22,408,584 ₹ 22,560,729
₹ 24,498,288 ₹ 24,309,456 ₹ 77,044,187 ₹ 77,081,211 ₹ 77,128,725 ₹ 77,186,277

17% 16% 28% 28% 28% 27%
₹ 2,750,140 ₹ 2,728,342 ₹ 4,266,719 ₹ 4,232,789 ₹ 4,199,131 ₹ 5,005,742

₹ 16,638 ₹ 16,638 ₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301
₹ 21,731,511 ₹ 21,564,477 ₹ 72,759,166 ₹ 72,830,120 ₹ 72,911,293 ₹ 72,162,234

₹ 3,259,727 ₹ 3,234,671 ₹ 10,913,875 ₹ 10,924,518 ₹ 10,936,694 ₹ 10,824,335
₹ 18,471,785 ₹ 18,329,805 ₹ 61,845,291 ₹ 61,905,602 ₹ 61,974,599 ₹ 61,337,899

13% 12% 22% 22% 22% 22%
194.15 194.15 501.46 501.46 501.46 501.46

206.63 206.63 440.41 440.41 440.41 440.41
Q2 Q2 Q3 Q3 Q3 Q4
FY 2027 FY 2027 FY 2027 FY 2027 FY 2027 FY 2027
₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328 ₹ 100,291,328

₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416 ₹ 132,124,416
₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667 ₹ 15,559,667
₹ 14,995,312 ₹ 15,743,760 ₹ 16,529,103 ₹ 17,356,613 ₹ 18,226,288 ₹ 19,132,859
₹ 262,970,723 ₹ 263,719,171 ₹ 264,504,515 ₹ 265,332,024 ₹ 266,201,699 ₹ 267,108,270
₹ 6,115,541 ₹ 6,237,852 ₹ 6,362,609 ₹ 6,489,861 ₹ 6,619,658 ₹ 6,752,052

₹ 12,769,801 ₹ 13,025,197 ₹ 13,285,701 ₹ 13,551,415 ₹ 13,822,443 ₹ 14,098,892
₹ 281,856,066 ₹ 282,982,220 ₹ 284,152,825 ₹ 285,373,300 ₹ 286,643,801 ₹ 287,959,214
₹ 148,435,178 ₹ 148,644,744 ₹ 148,864,640 ₹ 149,096,342 ₹ 149,339,851 ₹ 149,593,691
₹ 114,535,545 ₹ 115,074,428 ₹ 115,639,875 ₹ 116,235,682 ₹ 116,861,848 ₹ 117,514,579

44% 44% 44% 44% 44% 44%
₹ 162,993,053 ₹ 163,493,776 ₹ 164,010,653 ₹ 164,545,276 ₹ 165,097,764 ₹ 165,666,762
₹ 99,977,670 ₹ 100,225,395 ₹ 100,493,862 ₹ 100,786,748 ₹ 101,103,936 ₹ 101,441,508

38% 38% 38% 38% 38% 38%
₹ 3,354,797 ₹ 3,522,537 ₹ 3,698,664 ₹ 3,883,597 ₹ 4,077,777 ₹ 4,281,665

₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625 ₹ 3,290,625
₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000 ₹ 3,375,000
₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000 ₹ 3,192,000
₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690 ₹ 921,690
₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000 ₹ 520,000
₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200 ₹ 266,200
₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169 ₹ 7,800,169
₹ 22,720,481 ₹ 22,888,221 ₹ 23,064,348 ₹ 23,249,281 ₹ 23,443,461 ₹ 23,647,350
₹ 77,257,189 ₹ 77,337,174 ₹ 77,429,514 ₹ 77,537,467 ₹ 77,660,475 ₹ 77,794,159

27% 27% 27% 27% 27% 27%
₹ 4,965,899 ₹ 4,926,376 ₹ 5,727,169 ₹ 5,681,555 ₹ 5,636,307 ₹ 6,431,420

₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301 ₹ 18,301
₹ 72,272,988 ₹ 72,392,497 ₹ 71,684,044 ₹ 71,837,611 ₹ 72,005,867 ₹ 71,344,438

₹ 10,840,948 ₹ 10,858,875 ₹ 10,752,607 ₹ 10,775,642 ₹ 10,800,880 ₹ 10,701,666
₹ 61,432,040 ₹ 61,533,622 ₹ 60,931,437 ₹ 61,061,969 ₹ 61,204,987 ₹ 60,642,772

22% 22% 21% 21% 21% 21%
501.46 501.46 501.46 501.46 501.46 501.46

440.41 440.41 440.41 440.41 440.41 440.41
Month 59 Month 60
Q4 Q4
FY 2027 FY 2027
Feb-27 Mar-27
₹ 100,291,328 ₹ 100,291,328
₹ 132,124,416 ₹ 132,124,416
₹ 15,559,667 ₹ 15,559,667
₹ 20,092,137 ₹ 21,098,852
₹ 268,067,548 ₹ 269,074,263
₹ 6,887,093 ₹ 7,024,834
₹ 14,380,870 ₹ 14,668,488
₹ 289,335,511 ₹ 290,767,585
₹ 149,862,289 ₹ 150,144,169
₹ 118,205,259 ₹ 118,930,094
44% 44%
₹ 166,256,821 ₹ 166,866,592
₹ 101,810,727 ₹ 102,207,672
38% 38%
₹ 4,495,749 ₹ 4,720,536
₹ 3,290,625 ₹ 3,290,625
₹ 3,375,000 ₹ 3,375,000
₹ 3,192,000 ₹ 3,192,000
₹ 921,690 ₹ 921,690
₹ 520,000 ₹ 520,000
₹ 266,200 ₹ 266,200
₹ 7,800,169 ₹ 7,800,169
₹ 23,861,433 ₹ 24,086,220
₹ 77,949,294 ₹ 78,121,451
27% 27%
₹ 6,380,172 ₹ 6,329,335
₹ 18,301 ₹ 18,301
₹ 71,550,821 ₹ 71,773,815
₹ 10,732,623 ₹ 10,766,072
₹ 60,818,198 ₹ 61,007,743
21% 21%
501.46 501.46
440.41 440.41
Company XYZ
Amounts in INR
Q1 Q2 Q3
FY 2023 FY 2023 FY 2023
Assumptions for the Monthly Period Jun-22 Sep-22 Dec-22
Other Fibres ₹ 1,890,000 ₹ 1,955,000 ₹ 2,085,000

Hemploop (fibres) ₹ 14,180,000 ₹ 18,220,000 ₹ 24,250,000
Agro leather ₹0 ₹0 ₹ 63,000
D2C (Slow by Company XYZ) ₹ 92,400 ₹ 158,400 ₹ 277,200
Total Revenue of Company XYZ Entity ₹ 16,162,400 ₹ 20,333,400 ₹ 26,675,200
Revenue share from Natloop ₹ 115,000 ₹ 337,155 ₹ 740,730

Revenue share from Hemptex ₹ 849,500 ₹ 1,367,908 ₹ 2,247,516
Total Revenue of Company XYZ Group (Including Subs₹ 17,126,900 ₹ 22,038,463 ₹ 29,663,446
Total COGS of Company XYZ Entity ₹ 11,475,440 ₹ 14,002,590 ₹ 18,623,400
Gross Profit of Company XYZ Entity ₹ 4,686,960 ₹ 6,330,810 ₹ 8,051,800

Gross Margin % 29% 31% 30%
Total COGS of Company XYZ Group ₹ 12,283,765 ₹ 15,418,178 ₹ 21,089,336
Gross Profit of Company XYZ Group ₹ 4,843,135 ₹ 6,620,285 ₹ 8,574,110

Operating Expenses
Marketing Budget ₹ 72,800 ₹ 125,798 ₹ 217,380
Marketing Expenses (Agency costs) ₹ 112,500 ₹ 112,500 ₹ 112,500
Research and Development & Prototype Expenses ₹ 1,500,000 ₹ 1,500,000 ₹ 1,500,000
General Office Maintenance ₹ 960,000 ₹ 960,000 ₹ 960,000
Communication, travel, courier and conveyance ₹ 360,000 ₹ 360,000 ₹ 360,000
Other Miscellaneous Expenses ₹ 300,000 ₹ 300,000 ₹ 300,000
Payroll (Indirect) ₹ 1,552,870 ₹ 1,598,025 ₹ 1,780,185
Total Operating Expenses ₹ 4,955,670 ₹ 5,053,823 ₹ 5,327,565
EBITDA ₹ -112,535 ₹ 1,566,462 ₹ 3,246,545

EBITDA Margin (%) -1% 7% 11%
Depreciation & Amortization ₹ 287,600 ₹ 282,572 ₹ 396,706

Interest Income ₹ 37,500 ₹ 37,500 ₹ 37,500
Profit Before Tax (PBT) ₹ -362,635 ₹ 1,321,390 ₹ 2,887,339

Taxes ₹0 ₹0 ₹ 58,266
Profit After Tax (PAT) ₹ -362,635 ₹ 1,321,390 ₹ 2,829,073

PAT Margin (%) -2% 6% 10%

Other Fibres 3.78 3.91 4.17
Hemploop 35.45 45.55 60.63
Q4 Q1 Q2 Q3 Q4 Q1
FY 2023 FY 2024 FY 2024 FY 2024 FY 2024 FY 2025
Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24
₹ 2,085,000 ₹ 10,248,000 ₹ 12,404,000 ₹ 13,638,000 ₹ 13,794,000 ₹ 48,869,600

₹ 24,290,000 ₹ 33,228,000 ₹ 44,252,000 ₹ 49,788,000 ₹ 49,812,000 ₹ 110,302,400
₹ 63,000 ₹ 3,159,600 ₹ 4,176,400 ₹ 4,701,600 ₹ 4,718,400 ₹ 11,241,920
₹ 478,500 ₹ 1,180,080 ₹ 1,568,160 ₹ 2,086,920 ₹ 2,775,960 ₹ 5,079,096
₹ 26,916,500 ₹ 47,815,680 ₹ 62,400,560 ₹ 70,214,520 ₹ 71,100,360 ₹ 175,493,016
₹ 1,627,383 ₹ 2,509,714 ₹ 3,340,429 ₹ 4,446,111 ₹ 5,917,774 ₹ 7,160,777

₹ 3,692,741 ₹ 5,240,509 ₹ 6,975,117 ₹ 9,283,881 ₹ 12,356,845 ₹ 14,952,348
₹ 32,236,624 ₹ 55,565,903 ₹ 72,716,106 ₹ 83,944,512 ₹ 89,374,979 ₹ 197,606,140
₹ 19,109,855 ₹ 30,764,239 ₹ 39,888,602 ₹ 46,023,725 ₹ 46,370,174 ₹ 108,303,357
₹ 7,806,645 ₹ 17,051,441 ₹ 22,511,958 ₹ 24,190,795 ₹ 24,730,186 ₹ 67,189,659

29% 36% 36% 34% 35% 38%
₹ 23,469,222 ₹ 37,023,455 ₹ 48,219,618 ₹ 57,112,307 ₹ 61,129,077 ₹ 125,791,649
₹ 8,767,402 ₹ 18,542,448 ₹ 24,496,488 ₹ 26,832,205 ₹ 28,245,902 ₹ 71,814,491

27% 33% 34% 32% 32% 36%
₹ 375,632 ₹ 541,059 ₹ 720,149 ₹ 958,518 ₹ 1,275,788 ₹ 1,698,074

₹ 112,500 ₹ 2,925,000 ₹ 2,925,000 ₹ 2,925,000 ₹ 2,925,000 ₹ 4,387,500
₹ 1,500,000 ₹ 3,000,000 ₹ 3,000,000 ₹ 3,000,000 ₹ 3,000,000 ₹ 4,500,000
₹ 960,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 2,400,000 ₹ 4,800,000
₹ 360,000 ₹ 1,260,000 ₹ 1,260,000 ₹ 1,260,000 ₹ 1,260,000 ₹ 1,890,000
₹ 97,500 ₹ 195,000 ₹ 195,000 ₹ 195,000 ₹ 195,000 ₹ 390,000
₹ 300,000 ₹ 600,000 ₹ 600,000 ₹ 600,000 ₹ 600,000 ₹ 660,000
₹ 1,837,825 ₹ 5,469,156 ₹ 5,739,976 ₹ 6,066,126 ₹ 6,068,106 ₹ 10,012,024
₹ 5,543,457 ₹ 16,390,215 ₹ 16,840,125 ₹ 17,404,644 ₹ 17,723,894 ₹ 28,337,598
₹ 3,223,945 ₹ 2,152,233 ₹ 7,656,363 ₹ 9,427,561 ₹ 10,522,008 ₹ 43,476,893

10% 4% 11% 11% 12% 22%
₹ 389,080 ₹ 917,328 ₹ 897,307 ₹ 877,763 ₹ 858,684 ₹ 2,685,219

₹ 37,500 ₹ 41,250 ₹ 41,250 ₹ 41,250 ₹ 41,250 ₹ 45,375
₹ 2,872,364 ₹ 1,276,155 ₹ 6,800,306 ₹ 8,591,048 ₹ 9,704,574 ₹ 40,837,049

₹0 ₹0 ₹ 19,318 ₹0 ₹0 ₹ 2,794,976
₹ 2,872,364 ₹ 1,276,155 ₹ 6,780,988 ₹ 8,591,048 ₹ 9,704,574 ₹ 38,042,073

9% 2% 9% 10% 11% 19%
4.17 22.77 27.56 30.31 30.65 195.48
60.73 87.44 116.45 131.02 131.08 315.15
Q2 Q3 Q4 Q1 Q2 Q3
FY 2025 FY 2025 FY 2025 FY 2026 FY 2026 FY 2026
Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
₹ 56,150,400 ₹ 59,931,200 ₹ 67,118,400 ₹ 131,054,400 ₹ 131,054,400 ₹ 131,054,400

₹ 132,302,400 ₹ 132,345,600 ₹ 132,360,000 ₹ 198,362,880 ₹ 198,362,880 ₹ 198,362,880
₹ 13,462,080 ₹ 13,482,240 ₹ 13,502,400 ₹ 33,435,456 ₹ 33,435,456 ₹ 33,435,456
₹ 6,760,512 ₹ 8,999,496 ₹ 11,979,000 ₹ 17,714,545 ₹ 20,512,840 ₹ 23,742,378
₹ 208,675,392 ₹ 214,758,536 ₹ 224,959,800 ₹ 380,567,281 ₹ 383,365,576 ₹ 386,595,114
₹ 8,289,494 ₹ 9,596,126 ₹ 11,108,715 ₹ 12,368,286 ₹ 13,515,160 ₹ 14,768,380

₹ 17,309,211 ₹ 20,037,576 ₹ 23,195,999 ₹ 25,826,096 ₹ 28,220,872 ₹ 30,837,709
₹ 234,274,098 ₹ 244,392,238 ₹ 259,264,514 ₹ 418,761,663 ₹ 425,101,608 ₹ 432,201,203
₹ 130,758,013 ₹ 133,665,660 ₹ 138,735,504 ₹ 223,994,375 ₹ 226,719,624 ₹ 227,688,485
₹ 77,917,379 ₹ 81,092,876 ₹ 86,224,296 ₹ 156,572,906 ₹ 156,645,952 ₹ 158,906,629

37% 38% 38% 41% 41% 41%
₹ 151,002,898 ₹ 157,101,644 ₹ 165,865,585 ₹ 253,560,417 ₹ 259,027,237 ₹ 262,991,886
₹ 83,271,200 ₹ 87,290,594 ₹ 93,398,929 ₹ 165,201,246 ₹ 166,074,371 ₹ 169,209,317

36% 36% 36% 39% 39% 39%
₹ 2,260,136 ₹ 3,008,242 ₹ 4,003,970 ₹ 4,844,986 ₹ 5,608,677 ₹ 6,492,745

₹ 4,387,500 ₹ 4,387,500 ₹ 4,387,500 ₹ 6,581,250 ₹ 6,581,250 ₹ 6,581,250
₹ 4,500,000 ₹ 4,500,000 ₹ 4,500,000 ₹ 6,750,000 ₹ 6,750,000 ₹ 6,750,000
₹ 4,800,000 ₹ 4,800,000 ₹ 4,800,000 ₹ 7,200,000 ₹ 7,200,000 ₹ 7,200,000
₹ 1,890,000 ₹ 1,890,000 ₹ 1,890,000 ₹ 2,513,700 ₹ 2,513,700 ₹ 2,513,700
₹ 390,000 ₹ 390,000 ₹ 390,000 ₹ 780,000 ₹ 780,000 ₹ 780,000
₹ 660,000 ₹ 660,000 ₹ 660,000 ₹ 726,000 ₹ 726,000 ₹ 726,000
₹ 10,887,809 ₹ 10,929,873 ₹ 11,843,880 ₹ 17,079,773 ₹ 17,384,306 ₹ 17,384,306
₹ 29,775,445 ₹ 30,565,614 ₹ 32,475,350 ₹ 46,475,710 ₹ 47,543,933 ₹ 48,428,001
₹ 53,495,755 ₹ 56,724,980 ₹ 60,923,579 ₹ 118,725,536 ₹ 118,530,438 ₹ 120,781,316

23% 23% 23% 28% 28% 28%
₹ 3,218,320 ₹ 3,738,729 ₹ 4,246,748 ₹ 6,052,139 ₹ 6,802,685 ₹ 7,535,362

₹ 45,375 ₹ 45,375 ₹ 45,375 ₹ 49,913 ₹ 49,913 ₹ 49,913
₹ 50,322,810 ₹ 53,031,626 ₹ 56,722,206 ₹ 112,723,309 ₹ 111,777,665 ₹ 113,295,866

₹ 3,695,003 ₹ 3,496,076 ₹ 3,349,011 ₹ 11,164,365 ₹ 10,491,271 ₹ 10,138,493
₹ 46,627,807 ₹ 49,535,550 ₹ 53,373,195 ₹ 101,558,944 ₹ 101,286,394 ₹ 103,157,373

20% 20% 21% 24% 24% 24%
224.60 239.72 268.47 582.46 582.46 582.46
378.01 378.13 378.17 619.88 619.88 619.88
Q4 Q1 Q2 Q3 Q4
FY 2026 FY 2027 FY 2027 FY 2027 FY 2027
Mar-26 Jun-26 Sep-26 Dec-26 Mar-27
₹ 131,054,400 ₹ 300,873,984 ₹ 300,873,984 ₹ 300,873,984 ₹ 300,873,984

₹ 198,362,880 ₹ 396,373,248 ₹ 396,373,248 ₹ 396,373,248 ₹ 396,373,248
₹ 33,435,456 ₹ 46,679,002 ₹ 46,679,002 ₹ 46,679,002 ₹ 46,679,002
₹ 27,479,826 ₹ 38,882,397 ₹ 45,017,561 ₹ 52,112,004 ₹ 60,323,848
₹ 390,332,562 ₹ 782,808,630 ₹ 788,943,795 ₹ 796,038,238 ₹ 804,250,082
₹ 16,137,808 ₹ 17,290,693 ₹ 18,349,022 ₹ 19,472,129 ₹ 20,663,979

₹ 33,697,197 ₹ 36,104,525 ₹ 38,314,411 ₹ 40,659,560 ₹ 43,148,250
₹ 440,167,567 ₹ 836,203,848 ₹ 845,607,228 ₹ 856,169,926 ₹ 868,062,310
₹ 228,809,720 ₹ 443,596,543 ₹ 445,314,390 ₹ 447,300,834 ₹ 449,600,150
₹ 161,522,842 ₹ 339,212,087 ₹ 343,629,405 ₹ 348,737,404 ₹ 354,649,932

41% 43% 44% 44% 44%
₹ 267,386,699 ₹ 484,756,556 ₹ 488,993,724 ₹ 493,653,693 ₹ 498,790,175
₹ 172,780,868 ₹ 351,447,293 ₹ 356,613,504 ₹ 362,516,233 ₹ 369,272,136

39% 42% 42% 42% 43%
₹ 7,516,164 ₹ 8,700,899 ₹ 10,072,378 ₹ 11,660,037 ₹ 13,497,950

₹ 6,581,250 ₹ 9,871,875 ₹ 9,871,875 ₹ 9,871,875 ₹ 9,871,875
₹ 6,750,000 ₹ 10,125,000 ₹ 10,125,000 ₹ 10,125,000 ₹ 10,125,000
₹ 7,200,000 ₹ 9,576,000 ₹ 9,576,000 ₹ 9,576,000 ₹ 9,576,000
₹ 2,513,700 ₹ 2,765,070 ₹ 2,765,070 ₹ 2,765,070 ₹ 2,765,070
₹ 780,000 ₹ 1,560,000 ₹ 1,560,000 ₹ 1,560,000 ₹ 1,560,000
₹ 726,000 ₹ 798,600 ₹ 798,600 ₹ 798,600 ₹ 798,600
₹ 17,384,306 ₹ 23,400,507 ₹ 23,400,507 ₹ 23,400,507 ₹ 23,400,507
₹ 49,451,420 ₹ 66,797,951 ₹ 68,169,431 ₹ 69,757,089 ₹ 71,595,003
₹ 123,329,448 ₹ 284,649,341 ₹ 288,444,073 ₹ 292,759,144 ₹ 297,677,133

28% 34% 34% 34% 34%
₹ 8,250,595 ₹ 12,698,640 ₹ 14,898,017 ₹ 17,045,031 ₹ 19,140,927

₹ 49,913 ₹ 54,904 ₹ 54,904 ₹ 54,904 ₹ 54,904
₹ 115,128,765 ₹ 272,005,605 ₹ 273,600,960 ₹ 275,769,017 ₹ 278,591,110

₹ 9,779,090 ₹ 32,775,087 ₹ 32,524,158 ₹ 32,329,128 ₹ 32,200,361
₹ 105,349,675 ₹ 239,230,518 ₹ 241,076,802 ₹ 243,439,889 ₹ 246,390,749

24% 29% 29% 28% 28%
582.46 1504.37 1504.37 1504.37 1504.37
619.88 1321.24 1321.24 1321.24 1321.24
Company XYZ
Amounts in INR
Q1 Q2 Q3
FY 2023 FY 2023 FY 2023
Assumptions for the Monthly Period Jun-22 Sep-22 Dec-22
Other Fibres $ 24,545 $ 25,390 $ 27,078

Hemploop (fibres) $ 184,156 $ 236,623 $ 314,935
Agro leather $ - $ - $ 818
D2C (Slow by Company XYZ) $ 1,200 $ 2,057 $ 3,600
Total Revenue of Company XYZ Entity $ 209,901 $ 264,070 $ 346,431
Revenue share from Natloop $ 1,494 $ 4,379 $ 9,620

Revenue share from Hemptex $ 11,032 $ 17,765 $ 29,189
Total Revenue of Company XYZ Group (Including Subs

$ 222,427 $ 286,214 $ 385,240
Total COGS of Company XYZ Entity $ 149,032 $ 181,852 $ 241,862
Gross Profit of Company XYZ Entity ₹ 60,870 ₹ 82,218 ₹ 104,569

Total COGS of Company XYZ Group $ 159,529 $ 200,236 $ 273,887
Gross Profit of Company XYZ Group ₹ 62,898 ₹ 85,978 ₹ 111,352

Operating Expenses
Marketing Budget $ 945 $ 1,634 $ 2,823
Marketing Expenses (Agency costs) $ 1,461 $ 1,461 $ 1,461
Research and Development & Prototype Expenses $ 19,481 $ 19,481 $ 19,481
General Office Maintenance $ 12,468 $ 12,468 $ 12,468
Communication, travel, courier and conveyance $ 4,675 $ 4,675 $ 4,675
Legal and Proffesional $ 1,266 $ 1,266 $ 1,266
Other Miscellaneous Expenses $ 3,896 $ 3,896 $ 3,896
Payroll (Indirect) $ 20,167 $ 20,754 $ 23,119
Total Operating Expenses ₹ 64,359 ₹ 65,634 ₹ 69,189
EBITDA $ (1,461) $ 20,344 $ 42,163

EBITDA Margin (%) -1% 7% 11%
Depreciation & Amortization $ 3,735 $ 3,670 $ 5,152

Interest Income $ 487 $ 487 $ 487
Profit Before Tax (PBT) ₹ -4,710 ₹ 17,161 ₹ 37,498

Taxes $ - $ - $ 757
Profit After Tax (PAT) $ (4,710) $ 17,161 $ 36,741

PAT Margin (%) -2% 6% 10%

Other Fibres 3.78 3.91 4.17
Hemploop 35.45 45.55 60.63
Q4 Q1 Q2 Q3 Q4 Q1
FY 2023 FY 2024 FY 2024 FY 2024 FY 2024 FY 2025
Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24
$ 27,078 $ 133,091 $ 161,091 $ 177,117 $ 179,143 $ 634,670

$ 315,455 $ 431,532 $ 574,701 $ 646,597 $ 646,909 $ 1,432,499
$ 818 $ 41,034 $ 54,239 $ 61,060 $ 61,278 $ 145,999
$ 6,214 $ 15,326 $ 20,366 $ 27,103 $ 36,051 $ 65,962
$ 349,565 $ 620,983 $ 810,397 $ 911,877 $ 923,381 $ 2,279,130
$ 21,135 $ 32,594 $ 43,382 $ 57,742 $ 76,854 $ 92,997

$ 47,958 $ 68,059 $ 90,586 $ 120,570 $ 160,479 $ 194,186
$ 418,657 $ 721,635 $ 944,365 $ 1,090,188 $ 1,160,714 $ 2,566,314
$ 248,180 $ 399,536 $ 518,034 $ 597,711 $ 602,210 $ 1,406,537
₹ 101,385 ₹ 221,447 ₹ 292,363 ₹ 314,166 ₹ 321,171 ₹ 872,593

29% 36% 36% 34% 35% 38%
$ 304,795 $ 480,824 $ 626,229 $ 741,718 $ 793,884 $ 1,633,658
₹ 113,862 ₹ 240,811 ₹ 318,136 ₹ 348,470 ₹ 366,830 ₹ 932,656

27% 33% 34% 32% 32% 36%
$ 4,878 $ 7,027 $ 9,353 $ 12,448 $ 16,569 $ 22,053

$ 1,461 $ 37,987 $ 37,987 $ 37,987 $ 37,987 $ 56,981
$ 19,481 $ 38,961 $ 38,961 $ 38,961 $ 38,961 $ 58,442
$ 12,468 $ 31,169 $ 31,169 $ 31,169 $ 31,169 $ 62,338
$ 4,675 $ 16,364 $ 16,364 $ 16,364 $ 16,364 $ 24,545
$ 1,266 $ 2,532 $ 2,532 $ 2,532 $ 2,532 $ 5,065
$ 3,896 $ 7,792 $ 7,792 $ 7,792 $ 7,792 $ 8,571
$ 23,868 $ 71,028 $ 74,545 $ 78,781 $ 78,807 $ 130,026
₹ 71,993 ₹ 212,860 ₹ 218,703 ₹ 226,034 ₹ 230,180 ₹ 368,021
$ 41,869 $ 27,951 $ 99,433 $ 122,436 $ 136,649 $ 564,635

10% 4% 11% 11% 12% 22%
$ 5,053 $ 11,913 $ 11,653 $ 11,400 $ 11,152 $ 34,873

$ 487 $ 536 $ 536 $ 536 $ 536 $ 589
₹ 37,303 ₹ 16,573 ₹ 88,316 ₹ 111,572 ₹ 126,033 ₹ 530,351

$ - $ - $ 251 $ - $ - $ 36,298
$ 37,303 $ 16,573 $ 88,065 $ 111,572 $ 126,033 $ 494,053

9% 2% 9% 10% 11% 19%
4.17 22.77 27.56 30.31 30.65 195.48
60.73 87.44 116.45 131.02 131.08 315.15
Q2 Q3 Q4 Q1 Q2 Q3
FY 2025 FY 2025 FY 2025 FY 2026 FY 2026 FY 2026
Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
$ 729,226 $ 778,327 $ 871,668 $ 1,702,005 $ 1,702,005 $ 1,702,005

$ 1,718,213 $ 1,718,774 $ 1,718,961 $ 2,576,141 $ 2,576,141 $ 2,576,141
$ 174,832 $ 175,094 $ 175,356 $ 434,227 $ 434,227 $ 434,227
$ 87,799 $ 116,877 $ 155,571 $ 230,059 $ 266,401 $ 308,343
$ 2,710,070 $ 2,789,072 $ 2,921,556 $ 4,942,432 $ 4,978,774 $ 5,020,716
$ 107,656 $ 124,625 $ 144,269 $ 160,627 $ 175,522 $ 191,797

$ 224,795 $ 260,228 $ 301,247 $ 335,404 $ 366,505 $ 400,490
$ 3,042,521 $ 3,173,925 $ 3,367,072 $ 5,438,463 $ 5,520,800 $ 5,613,003
$ 1,698,156 $ 1,735,918 $ 1,801,760 $ 2,909,018 $ 2,944,411 $ 2,956,993
₹ 1,011,914 ₹ 1,053,154 ₹ 1,119,796 ₹ 2,033,414 ₹ 2,034,363 ₹ 2,063,722

37% 38% 38% 41% 41% 41%
$ 1,961,077 $ 2,040,281 $ 2,154,099 $ 3,292,992 $ 3,363,990 $ 3,415,479
₹ 1,081,444 ₹ 1,133,644 ₹ 1,212,973 ₹ 2,145,471 ₹ 2,156,810 ₹ 2,197,524

36% 36% 36% 39% 39% 39%
$ 29,352 $ 39,068 $ 52,000 $ 62,922 $ 72,840 $ 84,321

$ 56,981 $ 56,981 $ 56,981 $ 85,471 $ 85,471 $ 85,471
$ 58,442 $ 58,442 $ 58,442 $ 87,662 $ 87,662 $ 87,662
$ 62,338 $ 62,338 $ 62,338 $ 93,506 $ 93,506 $ 93,506
$ 24,545 $ 24,545 $ 24,545 $ 32,645 $ 32,645 $ 32,645
$ 5,065 $ 5,065 $ 5,065 $ 10,130 $ 10,130 $ 10,130
$ 8,571 $ 8,571 $ 8,571 $ 9,429 $ 9,429 $ 9,429
$ 141,400 $ 141,946 $ 153,817 $ 221,815 $ 225,770 $ 225,770
₹ 386,694 ₹ 396,956 ₹ 421,758 ₹ 603,581 ₹ 617,454 ₹ 628,935
$ 694,750 $ 736,688 $ 791,215 $ 1,541,890 $ 1,539,356 $ 1,568,589

23% 23% 23% 28% 28% 28%
$ 41,796 $ 48,555 $ 55,153 $ 78,599 $ 88,347 $ 97,862

$ 589 $ 589 $ 589 $ 648 $ 648 $ 648
₹ 653,543 ₹ 688,722 ₹ 736,652 ₹ 1,463,939 ₹ 1,451,658 ₹ 1,471,375

$ 47,987 $ 45,404 $ 43,494 $ 144,992 $ 136,250 $ 131,669
$ 605,556 $ 643,319 $ 693,158 $ 1,318,947 $ 1,315,408 $ 1,339,706

20% 20% 21% 24% 24% 24%
224.60 239.72 268.47 582.46 582.46 582.46
378.01 378.13 378.17 619.88 619.88 619.88
Q4 Q1 Q2 Q3 Q4
FY 2026 FY 2027 FY 2027 FY 2027 FY 2027
Mar-26 Jun-26 Sep-26 Dec-26 Mar-27
$ 1,702,005 $ 3,907,454 $ 3,907,454 $ 3,907,454 $ 3,907,454

$ 2,576,141 $ 5,147,705 $ 5,147,705 $ 5,147,705 $ 5,147,705
$ 434,227 $ 606,221 $ 606,221 $ 606,221 $ 606,221
$ 356,881 $ 504,966 $ 584,644 $ 676,779 $ 783,427
$ 5,069,254 $ 10,166,346 $ 10,246,023 $ 10,338,159 $ 10,444,806
$ 209,582 $ 224,554 $ 238,299 $ 252,885 $ 268,363

$ 437,626 $ 468,890 $ 497,590 $ 528,046 $ 560,367
$ 5,716,462 $ 10,859,790 $ 10,981,912 $ 11,119,090 $ 11,273,536
$ 2,971,555 $ 5,760,994 $ 5,783,304 $ 5,809,102 $ 5,838,963
₹ 2,097,699 ₹ 4,405,352 ₹ 4,462,720 ₹ 4,529,057 ₹ 4,605,843

41% 43% 44% 44% 44%
$ 3,472,555 $ 6,295,540 $ 6,350,568 $ 6,411,087 $ 6,477,794
₹ 2,243,907 ₹ 4,564,251 ₹ 4,631,344 ₹ 4,708,003 ₹ 4,795,742

39% 42% 42% 42% 43%
$ 97,613 $ 112,999 $ 130,810 $ 151,429 $ 175,298

$ 85,471 $ 128,206 $ 128,206 $ 128,206 $ 128,206
$ 87,662 $ 131,494 $ 131,494 $ 131,494 $ 131,494
$ 93,506 $ 124,364 $ 124,364 $ 124,364 $ 124,364
$ 32,645 $ 35,910 $ 35,910 $ 35,910 $ 35,910
$ 10,130 $ 20,260 $ 20,260 $ 20,260 $ 20,260
$ 9,429 $ 10,371 $ 10,371 $ 10,371 $ 10,371
$ 225,770 $ 303,903 $ 303,903 $ 303,903 $ 303,903
₹ 642,226 ₹ 867,506 ₹ 885,317 ₹ 905,936 ₹ 929,805
$ 1,601,681 $ 3,696,745 $ 3,746,027 $ 3,802,067 $ 3,865,937

28% 34% 34% 34% 34%
$ 107,151 $ 164,917 $ 193,481 $ 221,364 $ 248,583

$ 648 $ 713 $ 713 $ 713 $ 713
₹ 1,495,179 ₹ 3,532,540 ₹ 3,553,259 ₹ 3,581,416 ₹ 3,618,066

$ 127,001 $ 425,650 $ 422,392 $ 419,859 $ 418,187
$ 1,368,178 $ 3,106,890 $ 3,130,868 $ 3,161,557 $ 3,199,880

24% 29% 29% 28% 28%
582.46 1504.37 1504.37 1504.37 1504.37
619.88 1321.24 1321.24 1321.24 1321.24
Company XYZ
Annual Profit & Loss Statement
Amounts in INR
Assumptions for the Annual Period 2022 FY 2023 FY 2024
Other Fibres ₹ 1,143,125 ₹ 8,015,000 ₹ 50,084,000

Hemploop (fibres) ₹ 29,944,732 ₹ 80,940,000 ₹ 177,080,000
Agro leather ₹0 ₹ 126,000 ₹ 16,756,000
D2C (Slow by Company XYZ) ₹ 23,340 ₹ 1,006,500 ₹ 7,611,120
Yarn ₹ 543,512
Total Revenue for Company XYZ Entity ₹ 31,654,709 ₹ 90,087,500 ₹ 251,531,120

Y.O.Y Growth For Company XYZ Entity (%) 185% 179%
Revenue share from Natloop ₹0 ₹ 2,820,267 ₹ 16,214,028

Revenue share from Hemptex ₹0 ₹ 8,157,665 ₹ 33,856,352
Total Revenue of Company XYZ Group (Includin ₹ 31,654,709 ₹ 101,065,432 ₹ 301,601,500

Y.O.Y Growth for Company XYZ Group (%) 219% 198%
Total COGS of Company XYZ Entity - ₹ 63,211,285 ₹ 163,046,741
Gross Profit of Company XYZ Entity - ₹ 26,876,215 ₹ 88,484,379

Gross Margin % 30% 35%
Total COGS for Company XYZ Group (Including ₹ 25,150,419 ₹ 72,260,500 ₹ 203,484,457
Gross Profit of Company XYZ Group (Including ₹ 6,504,290 ₹ 28,804,932 ₹ 98,117,043

Operating Expenses
Marketing Budget (For D2C brand) ₹0 ₹ 791,610 ₹ 3,495,514
Marketing Expenses (Agency costs) ₹ 301,987 ₹ 450,000 ₹ 11,700,000
Research and Development & Prototype Expenses ₹ 27,860 ₹ 6,000,000 ₹ 12,000,000
General Office Maintenance ₹ 168,083 ₹ 3,840,000 ₹ 9,600,000
Communication, travel, courier and conveyance ₹ 1,031,184 ₹ 1,440,000 ₹ 5,040,000
Other Miscellaneous Expenses ₹ 382,183 ₹ 1,200,000 ₹ 2,400,000
Payroll (Operating) ₹ 1,957,346 ₹ 6,768,905 ₹ 23,343,364
Total Operating Expenses ₹ 4,741,331 ₹ 20,880,515 ₹ 68,358,878
EBITDA ₹ 1,762,959 ₹ 7,924,416 ₹ 29,758,164

EBITDA Margin (%) 8% 10%
Depreciation & Amortization ₹0 ₹ 1,355,958 ₹ 3,551,082

Interest Income ₹ 3,639 ₹ 150,000 ₹ 165,000
Other Indirect Income ₹ 10,067
Profit Before Tax (PBT) ₹ 1,776,665 ₹ 6,718,459 $ 26,372,082
Tax 0 ₹ 58,266 ₹ 19,318
Profit After Tax (PAT) ₹ 1,776,665 ₹ 6,660,193 ₹ 26,352,764

PAT Margin (%) 6% 7% 9%

Other Fibres 2.29 16.03 111.30
Hemploop 74.86 202.35 466.00
Agroleather 0.2 25.8
sum 77.15 218.38 577.30

monthly 6.43 18.20 48.11
0.0 2.1
Mar-25 Mar-26 Mar-27
FY 2025 FY 2026 FY 2027
₹ 232,069,600 ₹ 524,217,600 ₹ 1,203,495,936

₹ 507,310,400 ₹ 793,451,520 ₹ 1,585,492,992
₹ 51,688,640 ₹ 133,741,824 ₹ 186,716,006
₹ 32,818,104 ₹ 89,449,589 ₹ 196,335,810
₹ 823,886,744 ₹ 1,540,860,533 ₹ 3,172,040,744

228% 87% 106%
₹ 36,155,112 ₹ 56,789,634 ₹ 75,775,822

₹ 75,495,133 ₹ 118,581,874 ₹ 158,226,746
₹ 935,536,990 ₹ 1,716,232,041 ₹ 3,406,043,312

210% 83% 98%
₹ 511,462,534 ₹ 907,212,204 ₹ 1,785,811,916
₹ 312,424,210 ₹ 633,648,329 ₹ 1,386,228,828

38% 41% 44%
₹ 599,761,775 ₹ 1,042,966,240 ₹ 1,966,194,147
₹ 335,775,214 ₹ 673,265,801 ₹ 1,439,849,166

36% 39% 42%
₹ 10,970,422 ₹ 24,462,572 ₹ 43,931,264

₹ 17,550,000 ₹ 26,325,000 ₹ 39,487,500
₹ 18,000,000 ₹ 27,000,000 ₹ 40,500,000
₹ 19,200,000 ₹ 28,800,000 ₹ 38,304,000
₹ 7,560,000 ₹ 10,054,800 ₹ 11,060,280
₹ 1,560,000 ₹ 3,120,000 ₹ 6,240,000
₹ 2,640,000 ₹ 2,904,000 ₹ 3,194,400
₹ 43,673,586 ₹ 69,232,692 ₹ 93,602,029
₹ 121,154,008 ₹ 191,899,064 ₹ 276,319,474
₹ 214,621,207 ₹ 481,366,737 ₹ 1,163,529,692

23% 28% 34%
₹ 13,889,016 ₹ 28,640,781 ₹ 63,782,614

₹ 181,500 ₹ 199,650 ₹ 219,615
$ 200,913,691 $ 452,925,606 $ 1,099,966,692

₹ 13,335,067 ₹ 41,573,220 ₹ 129,828,734
₹ 187,578,624 ₹ 411,352,386 ₹ 970,137,958

20% 24% 28%
928.28 2329.86 6017.48
1449.46 2479.54 5284.98
86.1 243.2 373.4
2377.74 4809.39 11302.46

198.14 400.78 941.87
7.2 20.3 31.1
Company XYZ
Annual Profit & Loss Statement
Amounts in INR
Assumptions for the Annual Period 2022 FY 2023 FY 2024
Other Fibres $ 14,846 $ 104,091 $ 650,442

Hemploop (fibres) $ 388,893 $ 1,051,169 $ 2,299,740
Agro leather $ - $ 1,636 $ 217,610
D2C (Slow by Company XYZ) $ 303 $ 13,071 $ 98,846
Yarn $ 7,059
Total Revenue for Company XYZ Entity $ 411,100 $ 1,169,968 $ 3,266,638

Y.O.Y Growth For Company XYZ Entity (%) 185% 179%
Revenue share from Natloop $ - $ 36,627 $ 210,572

Revenue share from Hemptex $ - $ 105,944 $ 439,693
Total Revenue of Company XYZ Group (Includin$ 411,100 $ 1,312,538 $ 3,916,903

Y.O.Y Growth for Company XYZ Group (%) 219% 198%
Total COGS of Company XYZ Entity - $ 820,926 $ 2,117,490
Gross Profit of Company XYZ Entity - $ 349,042 $ 1,149,148

Gross Margin % 30% 35%
Total COGS for Company XYZ Group (Including $ 326,629 $ 938,448 $ 2,642,655
Gross Profit of Company XYZ Group (Including $ 84,471 $ 374,090 $ 1,274,247

Operating Expenses
Marketing Budget (For D2C brand) $ - $ 10,281 $ 45,396
Marketing Expenses (Agency costs) $ 3,922 $ 5,844 $ 151,948
Research and Development & Prototype Expenses $ 362 $ 77,922 $ 155,844
General Office Maintenance $ 2,183 $ 49,870 $ 124,675
Communication, travel, courier and conveyance $ 13,392 $ 18,701 $ 65,455
Legal and Proffesional $ 11,334 $ 5,065 $ 10,130
Other Miscellaneous Expenses $ 4,963 $ 15,584 $ 31,169
Payroll (Operating) $ 25,420 $ 87,908 $ 303,161
Total Operating Expenses $ 61,576 $ 271,176 $ 887,778
EBITDA $ 22,896 $ 102,914 $ 386,470

EBITDA Margin (%) 8% 10%
Depreciation & Amortization $ - $ 17,610 $ 46,118

Interest Income $ 47 $ 1,948 $ 2,143
Other Indirect Income $ 131
Profit Before Tax (PBT) $ 23,074 $ 87,253 $ 342,495
Tax $ - $ 757 $ 251
Profit After Tax (PAT) $ 23,074 $ 86,496 $ 342,244

PAT Margin (%) 6% 7% 9%

Other Fibres 0.03 16.03 111.30
Hemploop 0.97 202.35 466.00
Agroleather 0.0 0.3
sum 1.00 218.38 577.30

monthly 0.08 18.20 48.11
0.0 0.0
FY 2025 FY 2026 FY 2027
$ 3,013,891 $ 6,808,021 $ 15,629,817

$ 6,588,447 $ 10,304,565 $ 20,590,818
$ 671,281 $ 1,736,907 $ 2,424,883
$ 426,209 $ 1,161,683 $ 2,549,816
$ 10,699,828 $ 20,011,176 $ 41,195,334

228% 87% 106%
$ 469,547 $ 737,528 $ 984,102

$ 980,456 $ 1,540,024 $ 2,054,893
$ 12,149,831 $ 22,288,728 $ 44,234,329

210% 83% 98%
$ 6,642,371 $ 11,781,977 $ 23,192,363
$ 4,057,457 $ 8,229,199 $ 18,002,972

38% 41% 44%
$ 7,789,114 $ 13,545,016 $ 25,534,989
$ 4,360,717 $ 8,743,712 $ 18,699,340

36% 39% 42%
$ 142,473 $ 317,696 $ 570,536

$ 227,922 $ 341,883 $ 512,825
$ 233,766 $ 350,649 $ 525,974
$ 249,351 $ 374,026 $ 497,455
$ 98,182 $ 130,582 $ 143,640
$ 20,260 $ 40,519 $ 81,039
$ 34,286 $ 37,714 $ 41,486
$ 567,189 $ 899,126 $ 1,215,611
$ 1,573,429 $ 2,492,196 $ 3,588,565
$ 2,787,288 $ 6,251,516 $ 15,110,775

23% 28% 34%
$ 180,377 $ 371,958 $ 828,346

$ 2,357 $ 2,593 $ 2,852
$ 2,609,269 $ 5,882,151 $ 14,285,282

$ 173,183 $ 539,912 $ 1,686,087
$ 2,436,086 $ 5,342,239 $ 12,599,194

20% 24% 28%
928.28 2329.86 6017.48
1449.46 2479.54 5284.98
1.1 3.2 4.8
2377.74 4809.39 11302.46

198.14 400.78 941.87
0.1 0.3 0.4
Company XYZ
Monthly Cash Flow Statement
Amounts in INR
FY 2023 FY 2023 FY 2023 FY 2023
Cash flow from Operating Activities

Profit before Tax ₹ -666,053 ₹ -722,300 ₹ -13,782 ₹ -78,967
Adjustments for:
Add: Depreciation & Amortization ₹ 96,433 ₹ 95,865 ₹ 95,302 ₹ 94,743
Less: Unrealized Income from subsidiaries ₹ 25,500 ₹ 36,550 ₹ 44,149 ₹ 53,422
Changes in Working Capital ₹ 747,400 ₹ 755,390 ₹ 1,719,240 ₹ 479,120
Sub: Taxes paid ₹0 ₹0 ₹0 ₹0
Net Cash generated from Operating Activities ₹ -1,342,520 ₹ -1,418,375 ₹ -1,681,869 ₹ -516,765
Cash flow from Investing Activities

Purchase of Fixed Assets ₹ -4,900,000 ₹0 ₹0 ₹0
Net Cash used in Investing Activities ₹ -4,900,000 ₹0 ₹0 ₹0
Cash flow from Financing Activities

Issuance of Equity Share Capital ₹0 ₹0 ₹0 ₹0
Net Cash generated from Financing Activities ₹0 ₹0 ₹0 ₹0
Net change in Cash & Cash Equivalents ₹ -6,242,520 ₹ -1,418,375 ₹ -1,681,869 ₹ -516,765
Opening Cash & Cash Equivalents ₹ 5,446,127 ₹ -796,393 ₹ -2,214,768 ₹ -3,896,637
Closing Cash & Cash Equivalents ₹ -796,393 ₹ -2,214,768 ₹ -3,896,637 ₹ -4,413,402

FY 2023 FY 2023 FY 2023 FY 2023 FY 2023 FY 2023 FY 2023
₹ -156,487 ₹ -223,219 ₹ 388,438 ₹ -198,748 ₹ -365,597 ₹ -571,555 ₹ -820,327
₹ 94,189 ₹ 93,639 ₹ 133,094 ₹ 132,233 ₹ 131,379 ₹ 130,532 ₹ 129,691

₹ 64,762 ₹ 78,660 ₹ 95,732 ₹ 116,750 ₹ 142,689 ₹ 174,773 ₹ 214,553
₹ 483,920 ₹ 824,295 ₹ 1,701,500 ₹ -347,700 ₹ -274,560 ₹ 2,192,720 ₹ 2,200,710
₹0 ₹0 ₹ 58,266 ₹0 ₹0 ₹0 ₹0
₹ -610,980 ₹ -1,032,534 ₹ -1,333,965 ₹ 164,435 ₹ -102,347 ₹ -2,808,516 ₹ -3,105,899
₹0 ₹0 ₹ -5,000,000 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹ -5,000,000 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹ 150,000,000 ₹0 ₹0 ₹0
₹0 ₹0 ₹ 0 ₹ 150,000,000 ₹0 ₹0 ₹0
₹ -610,980 ₹ -1,032,534 ₹ -6,333,965 ₹ 150,164,435 ₹ -102,347 ₹ -2,808,516 ₹ -3,105,899
₹ -4,413,402 ₹ -5,024,382 ₹ -6,056,916 ₹ -12,390,881 ₹ 137,773,554 ₹ 137,671,207 ₹ 134,862,691
₹ -5,024,382 ₹ -6,056,916 ₹ -12,390,881 ₹ 137,773,554 ₹ 137,671,207 ₹ 134,862,691 ₹ 131,756,792

FY 2023 FY 2024 FY 2024 FY 2024 FY 2024 FY 2024 FY 2024
₹ -1,130,878 ₹ -2,013,650 ₹ -2,193,313 ₹ -2,349,604 ₹ -2,567,220 ₹ 128,787 ₹ -1,159,308
₹ 128,857 ₹ 308,030 ₹ 305,770 ₹ 303,528 ₹ 301,303 ₹ 299,096 ₹ 296,907

₹ 263,989 ₹ 306,310 ₹ 336,941 ₹ 370,635 ₹ 407,698 ₹ 448,468 ₹ 493,315
₹ 2,230,060 ₹ 4,839,477 ₹ 1,670,744 ₹ 1,723,898 ₹ 2,514,224 ₹ 6,012,724 ₹ -1,015,960
₹0 ₹0 ₹0 ₹0 ₹0 ₹ 19,318 ₹0
₹ -3,496,069 ₹ -6,851,406 ₹ -3,895,228 ₹ -4,140,609 ₹ -5,187,839 ₹ -6,052,626 ₹ -339,755
₹0 ₹ -22,500,000 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹ -22,500,000 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -3,496,069 ₹ -29,351,406 ₹ -3,895,228 ₹ -4,140,609 ₹ -5,187,839 ₹ -6,052,626 ₹ -339,755
₹ 131,756,792 ₹ 128,260,724 ₹ 98,909,317 ₹ 95,014,089 ₹ 90,873,480 ₹ 85,685,641 ₹ 79,633,015
₹ 128,260,724 ₹ 98,909,317 ₹ 95,014,089 ₹ 90,873,480 ₹ 85,685,641 ₹ 79,633,015 ₹ 79,293,260

FY 2024 FY 2024 FY 2024 FY 2024 FY 2024 FY 2024
₹ -1,410,097 ₹ -1,730,086 ₹ -2,081,261 ₹ -2,469,876 ₹ -2,855,997 ₹ -3,326,673
₹ 294,736 ₹ 292,582 ₹ 290,445 ₹ 288,325 ₹ 286,222 ₹ 284,136

₹ 542,646 ₹ 596,911 ₹ 656,602 ₹ 722,262 ₹ 794,488 ₹ 873,937
₹ -840,926 ₹ 84,024 ₹ 91,944 ₹ 11,220,737 ₹ 11,277,851 ₹ 16,960,361
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -817,081 ₹ -2,118,439 ₹ -2,539,362 ₹ -14,124,549 ₹ -14,642,113 ₹ -20,876,834
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -817,081 ₹ -2,118,439 ₹ -2,539,362 ₹ -14,124,549 ₹ -14,642,113 ₹ -20,876,834
₹ 79,293,260 ₹ 78,476,179 ₹ 76,357,740 ₹ 73,818,378 ₹ 59,693,829 ₹ 45,051,716
₹ 78,476,179 ₹ 76,357,740 ₹ 73,818,378 ₹ 59,693,829 ₹ 45,051,716 ₹ 24,174,881

FY 2025 FY 2025 FY 2025 FY 2025 FY 2025 FY 2025
Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24
₹ 5,000,086 ₹ 4,785,060 ₹ 8,848,028 ₹ 8,453,640 ₹ 8,216,263 ₹ 7,963,450
₹ 902,067 ₹ 895,054 ₹ 888,098 ₹ 1,081,197 ₹ 1,072,751 ₹ 1,064,373

₹ 997,585 ₹ 1,047,464 ₹ 1,099,837 ₹ 1,154,829 ₹ 1,212,571 ₹ 1,273,199
₹ 30,426,424 ₹ 2,451,638 ₹ 9,824,002 ₹ -1,716,600 ₹ -1,786,706 ₹ 1,547,367
₹ 750,013 ₹ 717,759 ₹ 1,327,204 ₹ 1,268,046 ₹ 1,232,440 ₹ 1,194,518
₹ -26,271,868 ₹ 1,463,253 ₹ -2,514,918 ₹ 8,828,562 ₹ 8,630,711 ₹ 5,012,739
₹ -77,500,000 ₹0 ₹0 ₹ -25,000,000 ₹0 ₹0
₹ -77,500,000 ₹0 ₹0 ₹ -25,000,000 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -103,771,868 ₹ 1,463,253 ₹ -2,514,918 ₹ -16,171,438 ₹ 8,630,711 ₹ 5,012,739
₹ 24,174,881 ₹ -79,596,987 ₹ -78,133,734 ₹ -80,648,652 ₹ -96,820,090 ₹ -88,189,379
₹ -79,596,987 ₹ -78,133,734 ₹ -80,648,652 ₹ -96,820,090 ₹ -88,189,379 ₹ -83,176,640

FY 2025 FY 2025 FY 2025 FY 2025 FY 2025 FY 2025
₹ 7,549,226 ₹ 7,283,094 ₹ 8,474,854 ₹ 7,989,886 ₹ 7,734,907 ₹ 6,601,949
₹ 1,256,061 ₹ 1,246,217 ₹ 1,236,451 ₹ 1,426,763 ₹ 1,415,553 ₹ 1,404,432

₹ 1,336,859 ₹ 1,403,702 ₹ 1,473,887 ₹ 1,547,581 ₹ 1,624,960 ₹ 1,706,208
₹ 1,638,483 ₹ 1,593,750 ₹ 3,337,398 ₹ 18,383,815 ₹ 18,460,077 ₹ 18,030,917
₹ 1,132,384 ₹ 1,092,464 ₹ 1,271,228 ₹ 1,198,483 ₹ 1,160,236 ₹ 990,292
₹ 4,697,562 ₹ 4,439,395 ₹ 3,628,792 ₹ -11,713,230 ₹ -12,094,814 ₹ -12,721,037
₹ -25,000,000 ₹0 ₹0 ₹ -25,000,000 ₹0 ₹0
₹ -25,000,000 ₹0 ₹0 ₹ -25,000,000 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -20,302,438 ₹ 4,439,395 ₹ 3,628,792 ₹ -36,713,230 ₹ -12,094,814 ₹ -12,721,037
₹ -83,176,640 ₹ -103,479,079 ₹ -99,039,684 ₹ -95,410,892 ₹ -132,124,122 ₹ -144,218,936
₹ -103,479,079 ₹ -99,039,684 ₹ -95,410,892 ₹ -132,124,122 ₹ -144,218,936 ₹ -156,939,973

FY 2026 FY 2026 FY 2026 FY 2026 FY 2026 FY 2026
₹ 26,422,824 ₹ 24,079,324 ₹ 23,926,954 ₹ 23,471,618 ₹ 23,315,248 ₹ 23,154,941
₹ 2,033,400 ₹ 2,017,337 ₹ 2,001,402 ₹ 2,285,595 ₹ 2,267,514 ₹ 2,249,577

₹ 1,898,240 ₹ 1,955,187 ₹ 2,013,843 ₹ 2,074,258 ₹ 2,136,486 ₹ 2,200,581
₹ 44,881,814 ₹ -5,308,129 ₹ -4,982,558 ₹ 311,454 ₹ 325,829 ₹ 340,204
₹ 3,963,424 ₹ 3,611,899 ₹ 3,589,043 ₹ 3,520,743 ₹ 3,497,287 ₹ 3,473,241
₹ -22,287,253 ₹ 25,837,704 ₹ 25,308,028 ₹ 19,850,758 ₹ 19,623,160 ₹ 19,390,493
₹ -80,000,000 ₹0 ₹0 ₹ -37,500,000 ₹0 ₹0
₹ -80,000,000 ₹0 ₹0 ₹ -37,500,000 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -102,287,253 ₹ 25,837,704 ₹ 25,308,028 ₹ -17,649,242 ₹ 19,623,160 ₹ 19,390,493
₹ -156,939,973 ₹ -259,227,226 ₹ -233,389,521 ₹ -208,081,493 ₹ -225,730,735 ₹ -206,107,576
₹ -259,227,226 ₹ -233,389,521 ₹ -208,081,493 ₹ -225,730,735 ₹ -206,107,576 ₹ -186,717,083

FY 2026 FY 2026 FY 2026 FY 2026 FY 2026 FY 2026
₹ 22,693,548 ₹ 22,529,590 ₹ 22,366,814 ₹ 21,897,948 ₹ 21,731,511 ₹ 21,564,477
₹ 2,531,784 ₹ 2,511,734 ₹ 2,491,844 ₹ 2,772,113 ₹ 2,750,140 ₹ 2,728,342

₹ 2,266,598 ₹ 2,334,596 ₹ 2,404,634 ₹ 2,476,773 ₹ 2,551,076 ₹ 2,627,608
₹ 359,370 ₹ 373,745 ₹ 397,703 ₹ 47,411,142 ₹ 47,435,100 ₹ 47,459,058
₹ 3,404,032 ₹ 3,379,439 ₹ 3,355,022 ₹ 3,284,692 ₹ 3,259,727 ₹ 3,234,671
₹ 19,195,332 ₹ 18,953,545 ₹ 18,701,299 ₹ -28,502,547 ₹ -28,764,252 ₹ -29,028,519
₹ -37,500,000 ₹0 ₹0 ₹ -37,500,000 ₹0 ₹0
₹ -37,500,000 ₹0 ₹0 ₹ -37,500,000 ₹0 ₹0
₹0 ₹0 ₹ 450,000,000 ₹0 ₹0 ₹0
₹0 ₹0 ₹ 450,000,000 ₹0 ₹0 ₹0
₹ -18,304,668 ₹ 18,953,545 ₹ 468,701,299 ₹ -66,002,547 ₹ -28,764,252 ₹ -29,028,519
₹ -186,717,083 ₹ -205,021,751 ₹ -186,068,206 ₹ 282,633,093 ₹ 216,630,546 ₹ 187,866,294
₹ -205,021,751 ₹ -186,068,206 ₹ 282,633,093 ₹ 216,630,546 ₹ 187,866,294 ₹ 158,837,775

FY 2027 FY 2027 FY 2027 FY 2027 FY 2027 FY 2027
₹ 72,759,166 ₹ 72,830,120 ₹ 72,911,293 ₹ 72,162,234 ₹ 72,272,988 ₹ 72,392,497
₹ 4,266,719 ₹ 4,232,789 ₹ 4,199,131 ₹ 5,005,742 ₹ 4,965,899 ₹ 4,926,376

₹ 2,718,579 ₹ 2,772,951 ₹ 2,828,410 ₹ 2,884,978 ₹ 2,942,678 ₹ 3,001,531
₹ 112,499,451 ₹ -14,626,261 ₹ -14,594,636 ₹ 679,928 ₹ 716,823 ₹ 748,448
₹ 10,913,875 ₹ 10,924,518 ₹ 10,936,694 ₹ 10,824,335 ₹ 10,840,948 ₹ 10,858,875
₹ -49,106,020 ₹ 77,991,702 ₹ 77,939,957 ₹ 62,778,735 ₹ 62,738,439 ₹ 62,710,019
₹ -195,000,000 ₹0 ₹0 ₹ -105,000,000 ₹0 ₹0
₹ -195,000,000 ₹0 ₹0 ₹ -105,000,000 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -244,106,020 ₹ 77,991,702 ₹ 77,939,957 ₹ -42,221,265 ₹ 62,738,439 ₹ 62,710,019
₹ 158,837,775 ₹ -85,268,246 ₹ -7,276,544 ₹ 70,663,413 ₹ 28,442,147 ₹ 91,180,586
₹ -85,268,246 ₹ -7,276,544 ₹ 70,663,413 ₹ 28,442,147 ₹ 91,180,586 ₹ 153,890,605

FY 2027 FY 2027 FY 2027 FY 2027 FY 2027 FY 2027
₹ 71,684,044 ₹ 71,837,611 ₹ 72,005,867 ₹ 71,344,438 ₹ 71,550,821 ₹ 71,773,815
₹ 5,727,169 ₹ 5,681,555 ₹ 5,636,307 ₹ 6,431,420 ₹ 6,380,172 ₹ 6,329,335

₹ 3,061,562 ₹ 3,122,793 ₹ 3,185,249 ₹ 3,248,954 ₹ 3,313,933 ₹ 3,380,212
₹ 785,343 ₹ 827,509 ₹ 869,675 ₹ 906,571 ₹ 959,278 ₹ 1,006,715
₹ 10,752,607 ₹ 10,775,642 ₹ 10,800,880 ₹ 10,701,666 ₹ 10,732,623 ₹ 10,766,072
₹ 62,811,701 ₹ 62,793,222 ₹ 62,786,369 ₹ 62,918,667 ₹ 62,925,159 ₹ 62,950,151
₹ -105,000,000 ₹0 ₹0 ₹ -105,000,000 ₹0 ₹0
₹ -105,000,000 ₹0 ₹0 ₹ -105,000,000 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹0 ₹0 ₹0 ₹0 ₹0 ₹0
₹ -42,188,299 ₹ 62,793,222 ₹ 62,786,369 ₹ -42,081,333 ₹ 62,925,159 ₹ 62,950,151
₹ 153,890,605 ₹ 111,702,306 ₹ 174,495,528 ₹ 237,281,897 ₹ 195,200,565 ₹ 258,125,723
₹ 111,702,306 ₹ 174,495,528 ₹ 237,281,897 ₹ 195,200,565 ₹ 258,125,723 ₹ 321,075,874

Company XYZ
Annual Cash Flow Statement
Amounts in INR

Profit before Tax ₹ -4,559,473 ₹ -24,028,298 ₹ 88,900,445
Adjustments for:
Add: Depreciation & Amortization ₹ 1,355,958 ₹ 3,551,082 ₹ 13,889,016
Less: Unrealized Income from subsidiaries ₹ 1,311,527 ₹ 6,550,211 ₹ 15,878,683
Changes in Working Capital ₹ 12,712,095 ₹ 54,539,097 ₹ 102,190,565
Sub: Taxes paid ₹ 58,266 ₹ 19,318 ₹ 13,335,067
Net Cash generated from Operating Activities ₹ -17,285,403 ₹ -81,585,842 ₹ -28,614,854

Purchase of Fixed Assets ₹ -9,900,000 ₹ -22,500,000 ₹ -152,500,000
Net Cash used in Investing Activities ₹ -9,900,000 ₹ -22,500,000 ₹ -152,500,000

Issuance of Equity Share Capital ₹ 150,000,000 ₹0 ₹0
Net Cash generated from Financing Activities ₹ 150,000,000 ₹0 ₹0
Net change in Cash & Cash Equivalents ₹ 122,814,597 ₹ -104,085,842 ₹ -181,114,854
Opening Cash & Cash Equivalents ₹ 5,368,646 ₹ 128,183,243 ₹ 24,097,400
Closing Cash & Cash Equivalents ₹ 128,183,243 ₹ 24,097,400 ₹ -157,017,454

Mar-26 Mar-27
FY 2026 FY 2027
₹ 277,154,798 ₹ 865,524,894
₹ 28,640,781 ₹ 63,782,614
₹ 26,939,881 ₹ 36,461,830
₹ 179,004,731 ₹ 90,778,846
₹ 41,573,220 ₹ 129,828,734
₹ 58,277,748 ₹ 672,238,100
₹ -192,500,000 ₹ -510,000,000
₹ -192,500,000 ₹ -510,000,000
₹ 450,000,000 ₹0
₹ 450,000,000 ₹0
₹ 315,777,748 ₹ 162,238,100
₹ -157,017,454 ₹ 158,760,294
₹ 158,760,294 ₹ 320,998,393
Company XYZ
Annual Cash Flow Statement
Amounts in INR

Profit before Tax $ (59,214) $ (312,056) $ 1,154,551
Adjustments for:
Add: Depreciation & Amortization $ 17,610 $ 46,118 $ 180,377
Less: Unrealized Income from subsidiaries $ 17,033 $ 85,068 $ 206,217
Changes in Working Capital $ 165,092 $ 708,300 $ 1,327,150
Sub: Taxes paid $ 757 $ 251 $ 173,183
Net Cash generated from Operating Activities $ (224,486) $ (1,059,556) $ (371,621)

Purchase of Fixed Assets $ (128,571) $ (292,208) $ (1,980,519)
Net Cash used in Investing Activities $ (128,571) $ (292,208) $ (1,980,519)

Issuance of Equity Share Capital $ 1,948,052 $ - $ -
Net Cash generated from Financing Activities $ 1,948,052 $ - $ -
Net change in Cash & Cash Equivalents $ 1,594,995 $ (1,351,764) $ (2,352,141)
Opening Cash & Cash Equivalents $ 69,723 $ 1,664,717 $ 312,953
Closing Cash & Cash Equivalents $ 1,664,717 $ 312,953 $ (2,039,188)

Mar-26 Mar-27
FY 2026 FY 2027
$ 3,599,413 $ 11,240,583
$ 371,958 $ 828,346
$ 349,869 $ 473,530
$ 2,324,737 $ 1,178,946
$ 539,912 $ 1,686,087
$ 756,854 $ 8,730,365
$ (2,500,000) $ (6,623,377)
$ (2,500,000) $ (6,623,377)
$ 5,844,156 $ -
$ 5,844,156 $ -
$ 4,101,010 $ 2,106,988
$ (2,039,188) $ 2,061,822
$ 2,061,822 $ 4,168,810
Company XYZ
Balance Sheet
Amounts in INR
Month 1 Month 2
2022 2022
Assumptions for the Monthly Period Mar-22 Apr-22 May-22
ASSETS
Current Assets ₹ 21,333,532 ₹ 15,838,412 ₹ 15,175,427
Cash and Cash Equivalents ₹ 5,446,127 -₹ 796,393 -₹ 2,214,768
Working Capital ₹ 15,887,405 ₹ 16,634,805 ₹ 17,390,195
Non-Current Assets ₹ 7,154,092 ₹ 11,957,658 ₹ 11,861,793

Fixed Assets ₹ 7,154,092 ₹ 11,957,658 ₹ 11,861,793
Subsidiary Investments ₹0 ₹ 25,500 ₹ 62,050
TOTAL ASSETS ₹ 28,487,624 ₹ 27,821,570 ₹ 27,099,270
LIABILITIES ₹ 10,687,983 ₹ 10,687,982 ₹ 10,687,982

Unsecured Loans ₹ 10,687,983 ₹ 10,687,982 ₹ 10,687,982
SHAREHOLDER'S EQUITY ₹ 17,799,641 ₹ 17,133,588 ₹ 16,411,288

Share Capital ₹ 16,005,053 ₹ 16,005,053 ₹ 16,005,053
Reserves and Surplus ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
Retained Earnings ₹ 17,925 -₹ 648,128 -₹ 1,370,428
TOTAL LIABILITIES & SHAREHOLDER'S EQUITY ₹ 28,487,624 ₹ 27,821,570 ₹ 27,099,270
Check ₹ - ₹ - ₹ -
2022 2022 2022 2022 2022 2022
Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22
₹ 15,212,798 ₹ 15,175,153 ₹ 15,048,093 ₹ 14,839,854 ₹ 10,207,389 ₹ 160,024,124

-₹ 3,896,637 -₹ 4,413,402 -₹ 5,024,382 -₹ 6,056,916 -₹ 12,390,881 ₹ 137,773,554
₹ 19,109,435 ₹ 19,588,555 ₹ 20,072,475 ₹ 20,896,770 ₹ 22,598,270 ₹ 22,250,570
₹ 11,766,491 ₹ 11,671,748 ₹ 11,577,559 ₹ 11,483,920 ₹ 16,350,826 ₹ 16,218,593

₹ 11,766,491 ₹ 11,671,748 ₹ 11,577,559 ₹ 11,483,920 ₹ 16,350,826 ₹ 16,218,593
₹ 106,199 ₹ 159,621 ₹ 224,382 ₹ 303,042 ₹ 398,773 ₹ 515,524
₹ 27,085,488 ₹ 27,006,522 ₹ 26,850,034 ₹ 26,626,815 ₹ 26,956,988 ₹ 176,758,240
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 16,397,506 ₹ 16,318,540 ₹ 16,162,052 ₹ 15,938,833 ₹ 16,269,006 ₹ 166,070,258

₹ 16,005,053 ₹ 16,005,053 ₹ 16,005,053 ₹ 16,005,053 ₹ 16,005,053 ₹ 166,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
-₹ 1,384,210 -₹ 1,463,176 -₹ 1,619,664 -₹ 1,842,883 -₹ 1,512,710 -₹ 1,711,458
₹ 27,085,488 ₹ 27,006,522 ₹ 26,850,034 ₹ 26,626,815 ₹ 26,956,988 ₹ 176,758,240
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2022 2023 2023 2023 2023 2023
Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23
₹ 159,647,217 ₹ 159,031,421 ₹ 158,126,232 ₹ 156,860,224 ₹ 132,348,294 ₹ 130,123,810

₹ 137,671,207 ₹ 134,862,691 ₹ 131,756,792 ₹ 128,260,724 ₹ 98,909,317 ₹ 95,014,089
₹ 21,976,010 ₹ 24,168,730 ₹ 26,369,440 ₹ 28,599,500 ₹ 33,438,977 ₹ 35,109,721
₹ 16,087,214 ₹ 15,956,682 ₹ 15,826,991 ₹ 15,698,133 ₹ 37,890,103 ₹ 37,584,333

₹ 16,087,214 ₹ 15,956,682 ₹ 15,826,991 ₹ 15,698,133 ₹ 37,890,103 ₹ 37,584,333
₹ 658,213 ₹ 832,986 ₹ 1,047,538 ₹ 1,311,527 ₹ 1,617,837 ₹ 1,954,777
₹ 176,392,643 ₹ 175,821,089 ₹ 175,000,761 ₹ 173,869,884 ₹ 171,856,234 ₹ 169,662,921
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 165,704,661 ₹ 165,133,107 ₹ 164,312,779 ₹ 163,181,902 ₹ 161,168,252 ₹ 158,974,939

₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
-₹ 2,077,055 -₹ 2,648,609 -₹ 3,468,937 -₹ 4,599,814 -₹ 6,613,464 -₹ 8,806,777
₹ 176,392,643 ₹ 175,821,089 ₹ 175,000,761 ₹ 173,869,884 ₹ 171,856,234 ₹ 169,662,921
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2023 2023 2023 2023 2023 2023
₹ 127,707,099 ₹ 125,033,484 ₹ 124,993,582 ₹ 123,637,867 ₹ 121,979,860 ₹ 119,945,445

₹ 90,873,480 ₹ 85,685,641 ₹ 79,633,015 ₹ 79,293,260 ₹ 78,476,179 ₹ 76,357,740
₹ 36,833,619 ₹ 39,347,843 ₹ 45,360,567 ₹ 44,344,607 ₹ 43,503,681 ₹ 43,587,705
₹ 37,280,805 ₹ 36,979,502 ₹ 36,680,406 ₹ 36,383,498 ₹ 36,088,762 ₹ 35,796,180

₹ 37,280,805 ₹ 36,979,502 ₹ 36,680,406 ₹ 36,383,498 ₹ 36,088,762 ₹ 35,796,180
₹ 2,325,412 ₹ 2,733,110 ₹ 3,181,578 ₹ 3,674,893 ₹ 4,217,539 ₹ 4,814,449
₹ 167,313,317 ₹ 164,746,096 ₹ 164,855,566 ₹ 163,696,258 ₹ 162,286,161 ₹ 160,556,075
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 156,625,335 ₹ 154,058,114 ₹ 154,167,584 ₹ 153,008,276 ₹ 151,598,179 ₹ 149,868,093

₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
-₹ 11,156,381 -₹ 13,723,602 -₹ 13,614,132 -₹ 14,773,440 -₹ 16,183,537 -₹ 17,913,623
₹ 167,313,317 ₹ 164,746,096 ₹ 164,855,566 ₹ 163,696,258 ₹ 162,286,161 ₹ 160,556,075
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2023 2024 2024 2024 2024 2024
₹ 117,498,027 ₹ 114,594,215 ₹ 111,229,952 ₹ 107,313,479 ₹ 33,968,034 ₹ 37,882,926

₹ 73,818,378 ₹ 59,693,829 ₹ 45,051,716 ₹ 24,174,881 -₹ 79,596,987 -₹ 78,133,734
₹ 43,679,649 ₹ 54,900,386 ₹ 66,178,237 ₹ 83,138,597 ₹ 113,565,021 ₹ 116,016,660
₹ 35,505,735 ₹ 35,217,410 ₹ 34,931,188 ₹ 34,647,051 ₹ 111,244,984 ₹ 110,349,930

₹ 35,505,735 ₹ 35,217,410 ₹ 34,931,188 ₹ 34,647,051 ₹ 111,244,984 ₹ 110,349,930
₹ 5,471,051 ₹ 6,193,313 ₹ 6,987,801 ₹ 7,861,739 ₹ 8,859,323 ₹ 9,906,787
₹ 158,474,814 ₹ 156,004,938 ₹ 153,148,941 ₹ 149,822,268 ₹ 154,072,341 ₹ 158,139,643
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 147,786,832 ₹ 145,316,956 ₹ 142,460,959 ₹ 139,134,286 ₹ 143,384,359 ₹ 147,451,661

₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
-₹ 19,994,884 -₹ 22,464,760 -₹ 25,320,757 -₹ 28,647,430 -₹ 24,397,357 -₹ 20,330,055
₹ 158,474,814 ₹ 156,004,938 ₹ 153,148,941 ₹ 149,822,268 ₹ 154,072,341 ₹ 158,139,643
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2024 2024 2024 2024 2024 2024
₹ 45,192,010 ₹ 27,303,972 ₹ 34,147,976 ₹ 40,708,083 ₹ 22,044,127 ₹ 28,077,272

-₹ 80,648,652 -₹ 96,820,090 -₹ 88,189,379 -₹ 83,176,640 -₹ 103,479,079 -₹ 99,039,684
₹ 125,840,662 ₹ 124,124,062 ₹ 122,337,356 ₹ 123,884,723 ₹ 125,523,206 ₹ 127,116,956
₹ 109,461,832 ₹ 133,380,635 ₹ 132,307,885 ₹ 131,243,512 ₹ 154,987,450 ₹ 153,741,234

₹ 109,461,832 ₹ 133,380,635 ₹ 132,307,885 ₹ 131,243,512 ₹ 154,987,450 ₹ 153,741,234
₹ 11,006,624 ₹ 12,161,454 ₹ 13,374,024 ₹ 14,647,223 ₹ 15,984,082 ₹ 17,387,784
₹ 165,660,467 ₹ 172,846,061 ₹ 179,829,885 ₹ 186,598,818 ₹ 193,015,660 ₹ 199,206,290
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 154,972,485 ₹ 162,158,079 ₹ 169,141,903 ₹ 175,910,836 ₹ 182,327,678 ₹ 188,518,308

₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
-₹ 12,809,231 -₹ 5,623,637 ₹ 1,360,187 ₹ 8,129,120 ₹ 14,545,962 ₹ 20,736,592
₹ 165,660,467 ₹ 172,846,061 ₹ 179,829,885 ₹ 186,598,818 ₹ 193,015,660 ₹ 199,206,290
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2024 2025 2025 2025 2025 2025
₹ 35,043,462 ₹ 16,714,047 ₹ 23,079,310 ₹ 28,389,190 -₹ 29,016,250 -₹ 8,486,675

-₹ 95,410,892 -₹ 132,124,122 -₹ 144,218,936 -₹ 156,939,973 -₹ 259,227,226 -₹ 233,389,521
₹ 130,454,353 ₹ 148,838,168 ₹ 167,298,246 ₹ 185,329,163 ₹ 230,210,976 ₹ 224,902,847
₹ 152,504,783 ₹ 176,078,020 ₹ 174,662,467 ₹ 173,258,035 ₹ 251,224,635 ₹ 249,207,298

₹ 152,504,783 ₹ 176,078,020 ₹ 174,662,467 ₹ 173,258,035 ₹ 251,224,635 ₹ 249,207,298
₹ 18,861,671 ₹ 20,409,253 ₹ 22,034,213 ₹ 23,740,421 ₹ 25,638,662 ₹ 27,593,849
₹ 206,409,916 ₹ 213,201,319 ₹ 219,775,990 ₹ 225,387,647 ₹ 247,847,047 ₹ 268,314,473
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 195,721,934 ₹ 202,513,337 ₹ 209,088,008 ₹ 214,699,665 ₹ 237,159,065 ₹ 257,626,491

₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
₹ 27,940,218 ₹ 34,731,621 ₹ 41,306,292 ₹ 46,917,949 ₹ 69,377,349 ₹ 89,844,775
₹ 206,409,916 ₹ 213,201,319 ₹ 219,775,990 ₹ 225,387,647 ₹ 247,847,047 ₹ 268,314,473
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2025 2025 2025 2025 2025 2025
₹ 11,838,796 -₹ 5,498,993 ₹ 14,449,996 ₹ 34,180,692 ₹ 16,235,394 ₹ 35,562,683

-₹ 208,081,493 -₹ 225,730,735 -₹ 206,107,576 -₹ 186,717,083 -₹ 205,021,751 -₹ 186,068,206
₹ 219,920,289 ₹ 220,231,743 ₹ 220,557,571 ₹ 220,897,775 ₹ 221,257,145 ₹ 221,630,890
₹ 247,205,896 ₹ 282,420,302 ₹ 280,152,788 ₹ 277,903,211 ₹ 312,871,426 ₹ 310,359,693

₹ 247,205,896 ₹ 282,420,302 ₹ 280,152,788 ₹ 277,903,211 ₹ 312,871,426 ₹ 310,359,693
₹ 29,607,692 ₹ 31,681,950 ₹ 33,818,437 ₹ 36,019,017 ₹ 38,285,615 ₹ 40,620,211
₹ 288,652,384 ₹ 308,603,259 ₹ 328,421,220 ₹ 348,102,920 ₹ 367,392,436 ₹ 386,542,587
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 277,964,402 ₹ 297,915,277 ₹ 317,733,238 ₹ 337,414,938 ₹ 356,704,454 ₹ 375,854,605

₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053 ₹ 166,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
₹ 110,182,686 ₹ 130,133,561 ₹ 149,951,522 ₹ 169,633,222 ₹ 188,922,738 ₹ 208,072,889
₹ 288,652,384 ₹ 308,603,259 ₹ 328,421,220 ₹ 348,102,920 ₹ 367,392,436 ₹ 386,542,587
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2025 2026 2026 2026 2026 2026
₹ 504,661,686 ₹ 486,070,281 ₹ 504,741,129 ₹ 523,171,668 ₹ 391,565,099 ₹ 454,930,540

₹ 282,633,093 ₹ 216,630,546 ₹ 187,866,294 ₹ 158,837,775 -₹ 85,268,246 -₹ 7,276,544
₹ 222,028,593 ₹ 269,439,735 ₹ 316,874,835 ₹ 364,333,893 ₹ 476,833,345 ₹ 462,207,084
₹ 307,867,849 ₹ 342,595,736 ₹ 339,845,596 ₹ 337,117,254 ₹ 527,850,535 ₹ 523,617,745

₹ 307,867,849 ₹ 342,595,736 ₹ 339,845,596 ₹ 337,117,254 ₹ 527,850,535 ₹ 523,617,745
₹ 43,024,845 ₹ 45,501,618 ₹ 48,052,694 ₹ 50,680,303 ₹ 53,398,882 ₹ 56,171,833
₹ 855,554,380 ₹ 874,167,635 ₹ 892,639,420 ₹ 910,969,225 ₹ 972,814,516 ₹ 1,034,720,118
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 844,866,398 ₹ 863,479,653 ₹ 881,951,438 ₹ 900,281,243 ₹ 962,126,534 ₹ 1,024,032,136

₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
₹ 227,084,682 ₹ 245,697,937 ₹ 264,169,722 ₹ 282,499,527 ₹ 344,344,818 ₹ 406,250,420
₹ 855,554,380 ₹ 874,167,635 ₹ 892,639,420 ₹ 910,969,225 ₹ 972,814,516 ₹ 1,034,720,118
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2026 2026 2026 2026 2026 2026
₹ 518,275,860 ₹ 476,734,523 ₹ 540,189,785 ₹ 603,648,252 ₹ 562,245,296 ₹ 625,866,027

₹ 70,663,413 ₹ 28,442,147 ₹ 91,180,586 ₹ 153,890,605 ₹ 111,702,306 ₹ 174,495,528
₹ 447,612,448 ₹ 448,292,376 ₹ 449,009,199 ₹ 449,757,647 ₹ 450,542,990 ₹ 451,370,499
₹ 519,418,614 ₹ 619,412,873 ₹ 614,446,973 ₹ 609,520,597 ₹ 708,793,428 ₹ 703,111,873

₹ 519,418,614 ₹ 619,412,873 ₹ 614,446,973 ₹ 609,520,597 ₹ 708,793,428 ₹ 703,111,873
₹ 59,000,243 ₹ 61,885,221 ₹ 64,827,899 ₹ 67,829,430 ₹ 70,890,992 ₹ 74,013,785
₹ 1,096,694,717 ₹ 1,158,032,616 ₹ 1,219,464,656 ₹ 1,280,998,279 ₹ 1,341,929,716 ₹ 1,402,991,685
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 1,086,006,735 ₹ 1,147,344,634 ₹ 1,208,776,674 ₹ 1,270,310,297 ₹ 1,331,241,734 ₹ 1,392,303,703

₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
₹ 468,225,019 ₹ 529,562,918 ₹ 590,994,958 ₹ 652,528,581 ₹ 713,460,018 ₹ 774,521,987
₹ 1,096,694,717 ₹ 1,158,032,616 ₹ 1,219,464,656 ₹ 1,280,998,279 ₹ 1,341,929,716 ₹ 1,402,991,685
₹ - ₹ - ₹ - ₹ - ₹ - ₹ -
2026 2027 2027 2027
Dec-26 Jan-27 Feb-27 Mar-27
₹ 689,522,072 ₹ 648,347,310 ₹ 712,231,747 ₹ 776,188,613

₹ 237,281,897 ₹ 195,200,565 ₹ 258,125,723 ₹ 321,075,874
₹ 452,240,175 ₹ 453,146,746 ₹ 454,106,024 ₹ 455,112,739
₹ 697,475,566 ₹ 796,044,147 ₹ 789,663,974 ₹ 783,334,639

₹ 697,475,566 ₹ 796,044,147 ₹ 789,663,974 ₹ 783,334,639
₹ 77,199,034 ₹ 80,447,988 ₹ 83,761,921 ₹ 87,142,132
₹ 1,464,196,672 ₹ 1,524,839,444 ₹ 1,585,657,642 ₹ 1,646,665,385
₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982

₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982 ₹ 10,687,982
₹ 1,453,508,690 ₹ 1,514,151,462 ₹ 1,574,969,660 ₹ 1,635,977,403

₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053 ₹ 616,005,053
₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663 ₹ 1,776,663
₹ 835,726,974 ₹ 896,369,746 ₹ 957,187,944 ₹ 1,018,195,687
₹ 1,464,196,672 ₹ 1,524,839,444 ₹ 1,585,657,642 ₹ 1,646,665,385
₹ - ₹ - ₹ - ₹ -
Company XYZ
Valuation
Amounts in INR
Method of Valuation Valuation (INR) Valuation (USD) Equity Offered
DCF ₹ 2,169,271,644 $ 28,172,359

Multiple Comparable Method ₹ 1,550,587,110 $ 20,137,495
Mean Valuation ₹ 1,859,929,377 $ 24,154,927 8%

Minimum Valuation ₹ 1,550,587,110 $ 20,137,495
Maximum Valuation ₹ 2,169,271,644 $ 28,172,359
Discounted Cash Flow Method (DCF)
Input
Continuing Growth Rate 2%
Discount Rate 15%
Year 1 Year 2 Year 3

EBIT ₹ 7,924,416 ₹ 29,758,164 ₹ 214,621,207
Less: Taxes ₹ 58,266 ₹ 19,318 ₹ 13,335,067
Add: D&A ₹ 1,355,958 ₹ 3,551,082 ₹ 13,889,016
Less: CAPEX ₹ -9,900,000 ₹ -22,500,000 ₹ -152,500,000
Less: Changes in NWC ₹ 12,712,095 ₹ 54,539,097 ₹ 102,190,565
Free Cash Flow (FCF) ₹ -13,389,986 ₹ -43,749,169 ₹ -39,515,410
Terminal Value ₹ 3,897,221,700
Total FCF ₹ -13,389,986 ₹ -43,749,169 ₹ -39,515,410
NPV ₹ 2,169,271,644
Discou
Scenario Analysis of NPV ₹ 2,169,271,644 15% 20%
1%
2%
3%
Growth Rate
4%
5%
6%
7%
8%
9%
10%
Trading Multiples Comparable Method
Company EV/EBITDA Stock Exchange

Arvind Fashions 14.96 NSE
Welspun India 6.24 NSE
Raymond 10.42 NSE
KPR Mill 15.82 NSE
Median Multiple 12.69
Average EBITDA for the the second year+third ₹ 122,189,686
Valuation ₹ 1,550,587,110
Valuation Range
Company XYZ can be valued between USD 20 Million and USD 28 Million
To be raised
$2,000,000
Year 4 Year 5
₹ 481,366,737 ₹ 1,163,529,692
₹ 41,573,220 ₹ 129,828,734
₹ 28,640,781 ₹ 63,782,614
₹ -192,500,000 ₹ -510,000,000
₹ 179,004,731 ₹ 90,778,846
₹ 96,929,568 ₹ 496,704,726
₹ 96,929,568 ₹ 4,393,926,426
Discount Rate
25% 30% 35% 40%

Company XYZ - Financial Model Sample 2

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Company XYZ - Financial Model Sample 2

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Date: November 12, 2024

The Control Tab is the Input Tab for Assumptions.

Total Revenue for Company XYZ Entity

Revenue and EBITDA Margins

Row 13 Row 45 Row 46

PAT and Margins

20% ₹ 600,000,000 15%

Profit After Tax (PAT) PAT Margin (%)

Small orders 70% 70% 70%

% Split for the number of small orders

% Split for the number of large orders

Large Orders AOV

Average Order Value for Hemploop (L) ₹2,000,000 ₹ 5,500,000 ₹ 11,000,000

Average Order Value for Agro Leather (L) ₹0 ₹500,000 ₹ 1,100,000

Small Orders AOV

Average Order Value for Hemploop (S) ₹10,000 ₹ 12,000 ₹ 14,400

D2C line Revenue (All products)

Cost of Acquistion (Per order) ₹2,600 ₹ 1,820 ₹ 1,456

Average Order Value ₹3,300 ₹ 3,960 ₹ 4,356

Fibre and chemicals (% of revenue)

Bio-chemicals (% of revenue) 15% 14% 13%

Labour to be referred in the expense assumptions

Factory and repair Expenses ₹120,000 ₹ 360,000 ₹ 540,000

Indirect income (For Company XYZ)

Interest Income FD ₹12,500 ₹ 13,750 ₹ 15,125

Operating Expenses (OPEX) (For Company XYZ)

Marketing Expense (Fibre) ₹37,500 ₹ 975,000 ₹ 1,462,500

Research and Development & Prototype Expenses ₹500,000 ₹ 1,000,000 ₹ 1,500,000

General Office Maintenance ₹320,000 ₹ 800,000 ₹ 1,600,000

Communication, travel, courier and conveyance ₹120,000 ₹ 420,000 ₹ 630,000

Legal and Proffesional ₹32,500 ₹ 65,000 ₹ 130,000

Other Miscellaneous Expenses ₹100,000 ₹ 200,000 ₹ 220,000

Tax Rate 15% 15% 15%

Salaries per designation (monthly)

Pay Raise % (Select categories) 20% 20%

Income from Associates

Revenue registered for April 22 ₹0

Gross Margin (1) 25% 26% 27%

Share of Company XYZ 50%

Hemptex (Amount Invested) ₹50,000

Revenue registered for April 22 ₹500,000

Gross Margin (2) 15% 16% 18%

Share of Company XYZ 50%

Cost Per ton

Revenue Stream #1 (B2B segment)

Total Number of orders 13 14 15 16

Revenue from Large orders

Other Fibres (L) ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000

Average order value for Agro Leather (L) ₹0 ₹0 ₹0 ₹0

Total Revenue from Large Orders ₹ 4,500,000 ₹ 4,500,000 ₹ 6,500,000 ₹ 6,500,000

Revenue from Small Orders

Total Revenue from Small orders ₹ 180,000 ₹ 190,000 ₹ 200,000 ₹ 200,000

Revenue Stream #2 (D2C line)

Average Order Value ₹ 3,300 ₹ 3,300 ₹ 3,300 ₹ 3,300

Total Revenue from Company XYZ ₹ 4,718,900 ₹ 4,732,200 ₹ 6,748,800 ₹ 6,755,400

₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000 ₹ 500,000

₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000 ₹ 2,000,000

₹ 6,500,000 ₹ 6,500,000 ₹ 8,500,000 ₹ 8,500,000 ₹ 8,500,000 ₹ 8,500,000 ₹ 8,500,000 ₹ 8,500,000

₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000 ₹ 65,000