Assessment of Working Capital Requirements

FORM II: Operating Statement

Rajeshkumar Khimjibhai Maheshwari

Projected Projected Projected Projected Projected

Particulars
(31.03.2024) (31.03.2025) (31.03.2026) (31.03.2027) (31.03.2028)
1. Gross Sales
(i) Domestic Sales 9.55 19.86 23.43 25.31 28.98
(ii) Export Sales - - - - -
Total 9.55 19.86 23.43 25.31 28.98
2. Less: Excise Duty - - - - -
3. Net Sales (1-2) 9.55 19.86 23.43 25.31 28.98
4. %age Rise (+) or Fall (-) in Net Sales as
Compared to Previous Year (+) 107.96% (+) 17.98% (+) 8.02% (+) 14.50%
5. Cost of Sales
(i) Raw Materials (Including Stores And
Other Items Used in the Process of
Manufacture)
(a) Imported - - - - -
(b) Indigenous 3.15 7.18 8.45 9.33 10.79
(ii) Other spares
(a) Imported - - - - -
(b) Indigenous - - - - -
(iii) Power and Fuel 0.15 0.24 0.24 0.24 0.24
(iv) Direct Labour (Factory Wages &
Salaries) 0.30 0.50 0.50 0.50 0.50
(v) Other Mfg. Expenses - - - - -
(vi) Depreciation 0.36 0.68 0.62 0.55 0.50
(vii) Sub-Total (i to vi) 3.96 8.60 9.81 10.62 12.03
(viii) Add: Opening Stocks-in-Process - - - - -
Sub-Total 3.96 8.60 9.81 10.62 12.03
(ix) Deduct: Closing Stocks-in-Process - - - - -
(x) Cost of Production 3.96 8.60 9.81 10.62 12.03
(xi) Add: Opening Stock of Finished Goods - - - - -
Sub-Total 3.96 8.60 9.81 10.62 12.03
(xii) Deduct: Closing Stock of Finished
Goods - - - - -
(xiii) Sub-Total (Total Cost of Sales) 3.96 8.60 9.81 10.62 12.03
6. Selling, General and Administrative
Expenses - - - - -
7. Sub-Total (5+6) 3.96 8.60 9.81 10.62 12.03
8. Operating Profit Before Interest (3-7) 5.59 11.26 13.62 14.69 16.95
9. Interest 0.34 0.71 0.57 0.41 0.23
10. Operating Profit After Interest (8-9) 5.25 10.55 13.05 14.28 16.72
11. (i) Add: Other Non-operating Income
(a) - - - - -
(b) - - - - -
(c) - - - - -
Sub-Total (Income) - - - - -
(ii) Deduct: Other Non-operating Expenses
(a) Rent Exps 0.20 0.62 1.00 1.00 1.00
(b) Other Exps - - 1.93 1.11 2.33
(c) - - - - -
Sub-Total (Expenses) 0.20 0.62 2.93 2.11 3.33
(iii) Net of Other Non-operating
Income/Expenses [Net of 11(i) & 11(ii)] -0.20 -0.62 -2.93 -2.11 -3.33
12. Profit Before Tax/Loss [10+11(iii)] 5.05 9.93 10.12 12.17 13.39
13. Provision For Taxes - - 1.02 1.20 1.26
14. Net Profit/Loss (12-13) 5.05 9.93 9.10 10.97 12.13
15. (a) Equity Dividend Paid - - - - -
(b) Dividend Rate
16. Retained Profit (14-15) 5.05 9.93 9.10 10.97 12.13
17. Retained Profit/Net Profit (%age) 100.00% 100.00% 100.00% 100.00% 100.00%
 FORM III: Analysis of Balance Sheet
Rajeshkumar Khimjibhai Maheshwari

Projected Projected Projected Projected Projected

Particulars
(31.03.2024) (31.03.2025) (31.03.2026) (31.03.2027) (31.03.2028)
CURRENT LIABILITIES
1. Short Term Borrowings From Banks (Incldg.
Bills Purchases, Discounted & Excess
Borrowings Place On Repayment Basis)
(i) From Applicant Bank 7.02 5.77 4.38 2.83 1.10
(ii) From Other Banks - - - - -
(iii) (Of Which BP & BD) - - - - -
Sub-Total (A) 7.02 5.77 4.38 2.83 1.10
2. Short Term Borrowings From Others - - - - -
3. Sundry Creditors (Trade) - - - - -
4. Advance Payments From
Customers/Deposits From Dealers - - - - -
5. Provision For Taxation - - - - -
6. Dividend Payable - - - - -
7. Other Statutory Liabilities (Due Within One
Year) - - - - -
8. Deposits/Debentures/Installments Under
Term Loans/DPGs etc. (Due Within One
Year) - - - - -
9. Other Current Liabilities & Provisions (Due
Within One Year) - - - - -
Sub-Total (B) - - - - -
10. Total Current Liabilities [Total of 1 to 9
Excluding 1(iii)] 7.02 5.77 4.38 2.83 1.10
TERM LIABILITIES
11. Debentures (Not Maturing Within One Year) - - - - -
12. Preference Shares (Redeemable After One
Year) - - - - -
13. Term Loans (Excluding Installment Payable
Within One Year) - - - - -
14. Deferred Payment Credits (Excluding
Installments Due Within One Year) - - - - -
15. Term Deposits (Repayable After One Year) - - - - -
16. Other Term Liabilities - - - - -
17. Total Term Liabilities (Total of 11 to 16) - - - - -
18. Total Outside Liabilities (10+17) 7.02 5.77 4.38 2.83 1.10
NET WORTH
19. Share Capital 4.48 9.07 18.50 28.03 39.40
20. General Reserve - - - - -
21. Revaluation Reserve - - - - -
22. Other Reserves (Excluding Provisions) - - - - -
23. Surplus(+) or Deficit(-) in Profit & Loss
Account (+) 5.05 (+) 14.98 (+) 24.08 (+) 35.05 (+) 47.18
24. Net Worth 9.53 24.05 42.58 63.08 86.58
25. Total Liabilities (18+24) 16.55 29.82 46.96 65.91 87.68

CURRENT ASSETS
26. Cash and Bank Balances 1.51 2.89 8.74 12.33 16.86
27. Investments (Other Than Long Term
Investments)
(i) Government & Other Trustee Securities - - 2.00 2.40 2.88
(ii) Fixed Deposits With Banks 1.20 5.00 6.30 9.30 12.28
28. (i) Receivables Other Than Deferred &
Exports (Including Bills Purchases &
Discounted By Banks) 3.00 4.00 6.00 8.59 10.22
(ii) Export Receivables (Including Bills
Purchased/Discounted By Banks) - - - - -
 FORM III: Analysis of Balance Sheet
Rajeshkumar Khimjibhai Maheshwari

Projected Projected Projected Projected Projected

Particulars
(31.03.2024) (31.03.2025) (31.03.2026) (31.03.2027) (31.03.2028)
29. Installments of Deferred Receivables (Due
Within One Year) - - - - -
30. Inventory :
(i) Raw Materials (Incldg. Stores & Other
Items Used in the Process of
Manufacture)
(a) Imported - - - - -
(b) Indigenous - - - - -
(ii) Stocks-in-process - - - - -
(iii) Finished Goods - - - - -
(iv) Other Consumable Spares
(a) Imported - - - - -
(b) Indigenous - - - - -
31. Advances to Suppliers of Raw Materials &
Stores/Spares - 5.77 8.00 9.20 16.40
32. Advance Payment of Taxes - - - - -
33. Other Current Assets 4.00 6.00 8.00 10.00 15.00
34. Total Current Assets (Total of 26 to 33) 9.71 23.66 39.04 51.82 73.64
FIXED ASSETS
35. Gross Block (Land & Building Machinery,
Work-in-Progress) 7.20 6.84 6.16 5.54 4.99
36. Depreciation To Date 0.36 0.68 0.62 0.55 0.50
37. Net Block (35-36) 6.84 6.16 5.54 4.99 4.49
OTHER NON-CURRENT ASSETS
38. Investments/Book Debt/Advances/Deposits
Which Are Not Current Assets
(i)(a) Investments in Subsidiary
Companies/Affiliates - - - - -
(b) Others - - - - -
(ii) Advances To Suppliers of Capital Goods
& Contractors - - - - -
(iii) Deferred Receivables (Maturity
Exceeding One Year) - - - - -
(iv) Others - - - - -
39. Non-Consumable Stores & Spares - - - - -
40. Other Non-Current Assets (Incldg. Dues
From Directors) - - - - -
41. Total Other Non-Current Assets (Total of
38 to 40) - - - - -
42. Intangible Assets (Patents, Goodwill,
Preliminary Expenses, Bad/Doubtful Debts
Not Provided For, Etc.) - - 2.38 9.10 9.55
43. Total Assets (Total of 34,37,41 & 42) 16.55 29.82 46.96 65.91 87.68
44. Tangible Net Worth (24-42) 9.53 24.05 40.20 53.98 77.03
45. Net Working Capital [(17+24)-(37+41+42)]
To Tally With (34-10) 2.69 17.89 34.66 48.99 72.54
46. Current Ratio (34÷10) 1.38 4.10 8.91 18.31 66.95
47. Total Outside Liabilities/Tangible Net
Worth (18÷44) 0.74 0.24 0.11 0.05 0.01
ADDITIONAL INFORMATION
(A) Arrears of Depreciation - - - - -
(B) Contingent Liabilities:
(a) Arrears of Cumulative Dividends - - - - -
(b) Gratuity Liability Not Provided For - - - - -
(c) Disputed Excise/Customs/Tax
Liabilities - - - - -
(d) Bills Accepted/Guarantees Extended
To Accommodate Associate/Sister
Concerns Or Other Third Parties - - - - -
(e) Other Liabilities Not Provided For - - - - -
 FORM IV: Comparative Statement of Current Assets & Current Liabilities
Rajeshkumar Khimjibhai Maheshwari

Projected Projected Projected Projected Projected

Particulars
(31.03.2024) (31.03.2025) (31.03.2026) (31.03.2027) (31.03.2028)
A. CURRENT ASSETS
1) Raw material (incldg. stores & other items
used in the process of manufactures)
(a) Imported - - - - -
Month's consumption:
(b) Indigenous - - - - -
Month's consumption: 0.00 0.00 0.00 0.00 0.00
2) Other consumable spares excluding those
included in 1 above
(a) Imported - - - - -
Month's consumption:
(b) Indigenous - - - - -
Month's consumption:
3) Stocks-in-process - - - - -
Month's cost of production: 0.00 0.00 0.00 0.00 0.00
4) Finished goods - - - - -
Month's cost of sales: 0.00 0.00 0.00 0.00 0.00
5) Receivables Other Than Export & Deferred
Receivables (Incldg. Bills Purchased &
Discounted By Bankers) 3.00 4.00 6.00 8.59 10.22
Month's Domestic Sales Excluding Deferred
Payment Sales: 3.77 2.42 3.07 4.07 4.23
6) Export Receivables (Incl. Bills Purchased &
Discounted) - - - - -
Month's Export Sales:
7) Advances to Suppliers of Raw Materials &
Stores/Spares, Consumables - 5.77 8.00 9.20 16.40
8) Other Current Assets Incl. Cash & Bank
Balance & Deferred Receivables Due Within
One Year 6.71 13.89 25.04 34.03 47.02
9) TOTAL CURRENT ASSETS 9.71 23.66 39.04 51.82 73.64
B. CURRENT LIABILITIES
(Other Than Bank Borrowings For
Working Capital)
10) Creditors For Purchase of Raw Materials,
Stores & Consumable spares - - - - -
Month's Purchases 0.00 0.00 0.00 0.00 0.00
11) Advances From Customers - - - - -
12) Statutory Liabilities - - - - -
13) Other Current Liabilities - - - - -
14) TOTAL - - - - -
 FORM V: Bank Finance for Working Capital
Rajeshkumar Khimjibhai Maheshwari

Projected Projected Projected Projected Projected

Particulars
(31.03.2024) (31.03.2025) (31.03.2026) (31.03.2027) (31.03.2028)

TURNOVER METHOD BY NAYAK

COMMITTEE

1. Projected Turnover 9.55 19.86 23.43 25.31 28.98

2. Total Current Assets 9.71 23.66 39.04 51.82 73.64
3. Total Current Liabilities 7.02 5.77 4.38 2.83 1.10
4. Net Working Capital (2-3) 2.69 17.89 34.66 48.99 72.54
5. 25% of Projected Turnover 2.39 4.97 5.86 6.33 7.25
6. Margin 5% of Projected Turnover 0.48 0.99 1.17 1.27 1.45
7. (5 - 6) 1.91 3.98 4.69 5.06 5.80

FIRST METHOD OF LENDING BY

TANDON

1. Total Current Assets 9.71 23.66 39.04 51.82 73.64

2. Other Current Liabilities (Other Than Bank
Borrowings) - - - - -
3. Working Capital Gap (1-2) 9.71 23.66 39.04 51.82 73.64
4. Minimum Stipulated Net Working Capital
(25% Of Working Capital Gap) 2.43 5.92 9.76 12.96 18.41
5. Actual/Projected Net Working Capital 2.69 17.89 34.66 48.99 72.54
6. 3-4 7.28 17.74 29.28 38.86 55.23
7. 3-5 7.02 5.77 4.38 2.83 1.10
8. MPBF (6 or 7 whichever is lower) 7.02 5.77 4.38 2.83 1.10

SECOND METHOD OF LENDING BY

TANDON

1. Total Current Assets 9.71 23.66 39.04 51.82 73.64

2. Other Current Liabilities (Other Than Bank
Borrowings) - - - - -
3. Working Capital Gap (1-2) 9.71 23.66 39.04 51.82 73.64
4. Minimum Stipulated Net Working Capital
(25% Of Total Current Assets Excluding
Export Receivables) 2.43 5.92 9.76 12.96 18.41
5. Actual/Projected Net Working Capital 2.69 17.89 34.66 48.99 72.54
6. 3-4 7.28 17.74 29.28 38.86 55.23
7. 3-5 7.02 5.77 4.38 2.83 1.10
8. MPBF (6 or 7 whichever is lower) 7.02 5.77 4.38 2.83 1.10
 FORM VI: Fund Flow Statement
Rajeshkumar Khimjibhai Maheshwari

Projected Projected Projected Projected

Particulars
(31.03.2025) (31.03.2026) (31.03.2027) (31.03.2028)
1. Sources
a) Net Profit (after tax) 9.93 9.10 10.97 12.13
b) Depreciation 0.68 0.62 0.55 0.50
c) Increase in capital 4.59 9.43 9.53 11.37
d) Increase in Term Liabilities (incldg. public
deposits) - - - -
e) Decrease in
i) Fixed Assets 0.36 0.68 0.62 0.55
ii) Other non-current assets - - - -
f) Others - - - -
g) Total 15.56 19.83 21.67 24.55
2. Uses
a) Net Loss - - - -
b) Decrease in Term Liabilities (incldg. public
deposits) - - - -
c) Increase in
i) Fixed Assets - - - -
ii) Other non-current assets - - - -
d) Dividend payments - - - -
e) Others - - - -
f) Total - - - -
3. Long Term Surplus(+) / Deficit(-) (1-2) (+) 15.56 (+) 19.83 (+) 21.67 (+) 24.55
4. Increase/decrease in current assets 13.95 15.38 12.78 21.82
5. Increase/decrease in current liabilities other
than Bank borrowings - - - -
6. Increase/decrease in working capital gap 13.95 15.38 12.78 21.82
7. Net surplus(+) / deficit(-) (Difference of 3 &
6) (+) 1.61 (+) 4.45 (+) 8.89 (+) 2.73
8. Increase/Decrease in Bank borrowings -1.25 -1.39 -1.55 -1.73
Increase/Decrease in Net Sales 10.31 3.57 1.88 3.67
Break-up of (4)
i) Increase/decrease in Raw Materials - - - -
ii) Increase/decrease in Stocks-in-process - - - -
iii) Increase/decrease in Finished Goods - - - -
iv) Increase/decrease in Receivables
(a) Domestic 1.00 2.00 2.59 1.63
(a) Exports - - - -
v) Increase/decrease in stores & spares - - - -
vi) Increase/decrease in other current assets 12.95 13.38 10.19 20.19
 MISCELLANEOUS RATIOS
Rajeshkumar Khimjibhai Maheshwari

Projected Projected Projected Projected Projected

Particulars
(31.03.2024) (31.03.2025) (31.03.2026) (31.03.2027) (31.03.2028)

1. Gross Profit Ratio (%) 62.30 60.12 60.78 60.21 60.21

2. Operating Cost Ratio (%) 45.03 46.88 44.30 43.58 42.31
3. Operating Profit Ratio (%) 54.97 53.12 55.70 56.42 57.69
4. Net Profit Ratio (%) 52.88 50.00 38.84 43.34 41.86
5. Interest Coverage Ratio (Times) 15.85 14.99 18.75 30.68 59.22
6. Debt-Service Coverage Ratio 16.91 15.94 18.05 29.10 55.91

7. Current Ratio 1.38 4.10 8.91 18.31 66.95

8. Quick Ratio 1.38 4.10 8.91 18.31 66.95
9. Debt-Equity Ratio - - - - -
10. Total Indebtness Ratio 0.74 0.24 0.10 0.04 0.01
11. Debt Assets Ratio - - - - -
12. Fixed Assets Coverage Ratio - - - - -
13. Inventory Turnover Ratio - - - - -
14. Debtors Turnover Ratio (Days) 114.66 73.51 93.47 123.88 128.72
15. Creditors Turnover Ratio (Days) - - - - -
16. Capital Turnover Ratio 1.00 0.83 0.55 0.40 0.33
17. Total Assets Turnover Ratio 0.58 0.67 0.50 0.38 0.33
18. Return on Capital Employed Ratio (%) 52.99 41.29 21.37 17.39 14.01

Interest Coverage Ratios

Year Profit Before Tax (₹ Lakh) Interest Expense (₹ Lakh) Interest Coverage Ratio (ICR)

2024 5.05 0.34 14.85

2025 9.93 0.71 13.99

2026 10.12 0.57 17.75

2027 12.17 0.41 29.68

2028 13.39 0.23 58.22

Schedule showing EMI payments

Year Principal Interest Total Payment O/s Balance Loan Paid To Date
FY25 ₹ 48,032 ₹ 33,502 ₹ 81,534 ₹ 7,01,968 6.40%
Nov ₹ 9,432 ₹ 6,875 ₹ 16,307 ₹ 7,40,568 1.26%
Dec ₹ 9,518 ₹ 6,789 ₹ 16,307 ₹ 7,31,050 2.53%
Jan ₹ 9,606 ₹ 6,701 ₹ 16,307 ₹ 7,21,444 3.81%
Feb ₹ 9,694 ₹ 6,613 ₹ 16,307 ₹ 7,11,751 5.10%
Mar ₹ 9,782 ₹ 6,524 ₹ 16,307 ₹ 7,01,968 6.40%
FY26 ₹ 1,24,624 ₹ 71,058 ₹ 1,95,682 ₹ 5,77,344 23.02%
Apr ₹ 9,872 ₹ 6,435 ₹ 16,307 ₹ 6,92,096 7.72%
May ₹ 9,963 ₹ 6,344 ₹ 16,307 ₹ 6,82,134 9.05%
Jun ₹ 10,054 ₹ 6,253 ₹ 16,307 ₹ 6,72,080 10.39%
Jul ₹ 10,146 ₹ 6,161 ₹ 16,307 ₹ 6,61,934 11.74%
Aug ₹ 10,239 ₹ 6,068 ₹ 16,307 ₹ 6,51,695 13.11%
Sep ₹ 10,333 ₹ 5,974 ₹ 16,307 ₹ 6,41,362 14.49%
Oct ₹ 10,428 ₹ 5,879 ₹ 16,307 ₹ 6,30,934 15.88%
Nov ₹ 10,523 ₹ 5,784 ₹ 16,307 ₹ 6,20,411 17.28%
Dec ₹ 10,620 ₹ 5,687 ₹ 16,307 ₹ 6,09,791 18.69%
Jan ₹ 10,717 ₹ 5,590 ₹ 16,307 ₹ 5,99,074 20.12%
Feb ₹ 10,815 ₹ 5,492 ₹ 16,307 ₹ 5,88,259 21.57%
Mar ₹ 10,914 ₹ 5,392 ₹ 16,307 ₹ 5,77,344 23.02%
FY27 ₹ 1,39,046 ₹ 56,636 ₹ 1,95,682 ₹ 4,38,299 41.56%
Apr ₹ 11,014 ₹ 5,292 ₹ 16,307 ₹ 5,66,330 24.49%
May ₹ 11,115 ₹ 5,191 ₹ 16,307 ₹ 5,55,214 25.97%
Jun ₹ 11,217 ₹ 5,089 ₹ 16,307 ₹ 5,43,997 27.47%
Jul ₹ 11,320 ₹ 4,987 ₹ 16,307 ₹ 5,32,677 28.98%
Aug ₹ 11,424 ₹ 4,883 ₹ 16,307 ₹ 5,21,253 30.50%
Sep ₹ 11,529 ₹ 4,778 ₹ 16,307 ₹ 5,09,724 32.04%
Oct ₹ 11,634 ₹ 4,672 ₹ 16,307 ₹ 4,98,090 33.59%
Nov ₹ 11,741 ₹ 4,566 ₹ 16,307 ₹ 4,86,349 35.15%
Dec ₹ 11,849 ₹ 4,458 ₹ 16,307 ₹ 4,74,500 36.73%
Jan ₹ 11,957 ₹ 4,350 ₹ 16,307 ₹ 4,62,543 38.33%
Feb ₹ 12,067 ₹ 4,240 ₹ 16,307 ₹ 4,50,476 39.94%
Mar ₹ 12,177 ₹ 4,129 ₹ 16,307 ₹ 4,38,299 41.56%
FY28 ₹ 1,55,136 ₹ 40,546 ₹ 1,95,682 ₹ 2,83,163 62.24%
Apr ₹ 12,289 ₹ 4,018 ₹ 16,307 ₹ 4,26,009 43.20%
May ₹ 12,402 ₹ 3,905 ₹ 16,307 ₹ 4,13,608 44.85%
Jun ₹ 12,515 ₹ 3,791 ₹ 16,307 ₹ 4,01,092 46.52%
Jul ₹ 12,630 ₹ 3,677 ₹ 16,307 ₹ 3,88,462 48.21%
Aug ₹ 12,746 ₹ 3,561 ₹ 16,307 ₹ 3,75,716 49.90%
Sep ₹ 12,863 ₹ 3,444 ₹ 16,307 ₹ 3,62,854 51.62%
Oct ₹ 12,981 ₹ 3,326 ₹ 16,307 ₹ 3,49,873 53.35%
Nov ₹ 13,100 ₹ 3,207 ₹ 16,307 ₹ 3,36,773 55.10%
Dec ₹ 13,220 ₹ 3,087 ₹ 16,307 ₹ 3,23,553 56.86%
Jan ₹ 13,341 ₹ 2,966 ₹ 16,307 ₹ 3,10,213 58.64%
Feb ₹ 13,463 ₹ 2,844 ₹ 16,307 ₹ 2,96,749 60.43%
Mar ₹ 13,587 ₹ 2,720 ₹ 16,307 ₹ 2,83,163 62.24%
FY29 ₹ 1,73,088 ₹ 22,594 ₹ 1,95,682 ₹ 1,10,075 85.32%
Apr ₹ 13,711 ₹ 2,596 ₹ 16,307 ₹ 2,69,452 64.07%
 May ₹ 13,837 ₹ 2,470 ₹ 16,307 ₹ 2,55,615 65.92%
Jun ₹ 13,964 ₹ 2,343 ₹ 16,307 ₹ 2,41,651 67.78%
Jul ₹ 14,092 ₹ 2,215 ₹ 16,307 ₹ 2,27,559 69.66%
Aug ₹ 14,221 ₹ 2,086 ₹ 16,307 ₹ 2,13,339 71.55%
Sep ₹ 14,351 ₹ 1,956 ₹ 16,307 ₹ 1,98,987 73.47%
Oct ₹ 14,483 ₹ 1,824 ₹ 16,307 ₹ 1,84,505 75.40%
Nov ₹ 14,616 ₹ 1,691 ₹ 16,307 ₹ 1,69,889 77.35%
Dec ₹ 14,750 ₹ 1,557 ₹ 16,307 ₹ 1,55,140 79.31%
Jan ₹ 14,885 ₹ 1,422 ₹ 16,307 ₹ 1,40,255 81.30%
Feb ₹ 15,021 ₹ 1,286 ₹ 16,307 ₹ 1,25,234 83.30%
Mar ₹ 15,159 ₹ 1,148 ₹ 16,307 ₹ 1,10,075 85.32%
FY30 ₹ 1,10,075 ₹ 4,073 ₹ 1,14,148 ₹0 100.00%
Apr ₹ 15,298 ₹ 1,009 ₹ 16,307 ₹ 94,777 87.36%
May ₹ 15,438 ₹ 869 ₹ 16,307 ₹ 79,339 89.42%
Jun ₹ 15,580 ₹ 727 ₹ 16,307 ₹ 63,759 91.50%
Jul ₹ 15,722 ₹ 584 ₹ 16,307 ₹ 48,037 93.60%
Aug ₹ 15,866 ₹ 440 ₹ 16,307 ₹ 32,171 95.71%
Sep ₹ 16,012 ₹ 295 ₹ 16,307 ₹ 16,159 97.85%
Oct ₹ 16,159 ₹ 148 ₹ 16,307 ₹0 100.00%

Depreciation Calculation

Assets After
Year Assets Rate (%) Depreciation
Depreciation
2024 720000 5 36000 684000
2025 684000 10 68400 615600
2026 615600 10 61560 554040
2027 554040 10 55404 498636
2028 498636 10 49863.6 448772.4