M/s.

SLN Enterprises
#289/1, Singanayakanahalli, Bangalore North - 5600064
Prop. - Narayanappa Narasimhaiah

Projected Profit & Loss Account

Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

No. of Working months 12 12 12 12 12 12 12 12

Sales Revenue
- Trading Income 51,89,494 62,27,393 71,61,502 82,35,727 94,71,086 1,08,91,749 1,25,25,511 1,44,04,338
Add: Other Income - - - - - - - -
Total Turnover 51,89,494 62,27,393 71,61,502 82,35,727 94,71,086 1,08,91,749 1,25,25,511 1,44,04,338
0.44 0.49 0.44 0.44 0.44 0.47 0.48 0.49
Purchases during the year 22,83,377 30,51,422 31,51,061 36,07,248 41,67,278 51,19,122 60,12,245 70,58,126
Expenses: 0 0 0 0 0 0 0 0
Direct Expenses - 1,25,480 1,31,754 1,44,929 1,59,422 1,75,365 1,92,901 2,12,191
Power & Fuel 10,30,320 12,45,479 13,07,752 16,47,145 18,94,217 21,78,350 25,05,102 28,80,868
Employee Salary & Incentives 8,87,000 10,20,050 10,71,053 11,24,605 11,80,835 12,39,877 13,01,871 13,66,965
Rent 92,000 1,01,200 1,11,320 1,22,452 1,34,697 1,48,167 1,62,984 1,79,282
Depreciation 1,17,489 99,562 84,657 72,166 61,637 52,722 45,151 38,706
Sub Total 44,10,187 56,43,194 58,57,598 67,18,547 75,98,087 89,13,604 1,02,20,256 1,17,36,138

Cost of Produciton 44,10,187 56,43,194 58,57,598 67,18,547 75,98,087 89,13,604 1,02,20,256 1,17,36,138

Add: Opening Stock of Finished Goods - - 7,78,424 9,84,706 11,32,412 11,83,886 13,61,469 15,65,689
Less: Closing Stock of Finished Goods - 7,78,424 9,84,706 11,32,412 11,83,886 13,61,469 15,65,689 18,00,542

Cost of Sales 44,10,187 48,64,770 56,51,315 65,70,841 75,46,614 87,36,021 1,00,16,035 1,15,01,284

Office & Administrative Exp. 2,69,001 3,12,801 3,18,441 3,19,363 3,35,331 3,52,098 3,89,703 4,59,188
Interest on Working Capital - 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000
Selling & Distribution Exp. - 3,11,370 3,12,507 3,23,757 3,56,133 3,91,746 4,30,921 4,94,013
Total 46,79,188 55,98,941 63,92,263 73,23,962 83,48,079 95,89,865 1,09,46,659 1,25,64,485

PBT 5,10,306 6,28,452 7,69,239 9,11,765 11,23,007 13,01,884 15,78,852 18,39,853

9.83% 10.09% 10.74% 11.07% 11.86% 11.95% 12.61% 12.77%

Total Net Profit Before Tax 5,10,306 6,28,452 7,69,239 9,11,765 11,23,007 13,01,884 15,78,852 18,39,853
Income Tax Liability - 7,000 25,000 55,000 1,12,301 1,56,226 2,36,828 2,75,978
Net Profit After Tax 5,10,306 6,21,452 7,44,239 8,56,765 10,10,707 11,45,658 13,42,024 15,63,875
% of Net Profit to Sales 9.83% 9.98% 10.39% 10.40% 10.67% 10.52% 10.71% 10.86%

P&L Page 1
 M/s. SLN Enterprises
#289/1, Singanayakanahalli, Bangalore North - 5600064
Prop. - Narayanappa Narasimhaiah

Projected Balance Sheet

PARTICULARS 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

LIABILITIES :
Prop Capital 13,35,465 17,56,917 22,51,156 28,57,921 35,18,628 42,14,285 50,56,310 60,20,184
Unsecured Loan - - - - - - - -
CC Limit - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
Creditors 1,24,180 1,25,401 1,29,496 1,48,243 1,71,258 2,10,375 2,47,079 2,90,060
Other Provisions 54,676 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000

TOTAL LIABILITIES 15,14,321 29,82,318 34,80,652 41,06,164 47,89,886 55,24,660 64,03,388 74,10,244

ASSETS :
Fixed Assets - Opening WDV 8,13,398 6,95,909 5,96,347 5,11,690 4,39,524 3,77,888 3,25,165 2,80,014
Add: Addition During the year - - - - - - - -
Less : Depreciation For the year 1,17,489 99,562 84,657 72,166 61,637 52,722 45,151 38,706
Net Block - Closing WDV 6,95,909 5,96,347 5,11,690 4,39,524 3,77,888 3,25,165 2,80,014 2,41,308

Loans and Advances 1,50,000 6,50,000 9,30,000 13,50,000 19,00,000 23,50,000 28,20,000 33,50,000
Deposits - - - - - - - -
Current Assets
- Receivables 6,22,739 6,82,454 7,84,822 9,02,545 10,37,927 11,93,616 13,72,659 15,78,558
- Inventory - 7,78,424 9,84,706 11,32,412 11,83,886 13,61,469 15,65,689 18,00,542
- Other Current Assets - 2,00,000 2,00,000 2,00,000 2,00,000 2,00,000 2,00,000 2,00,000
Cash And Bank Balances 45,673 75,093 69,433 81,682 90,185 94,410 1,65,027 2,39,836

TOTAL ASSETS 15,14,321 29,82,318 34,80,652 41,06,164 47,89,886 55,24,660 64,03,388 74,10,244

BS Page 1
 M/s. SLN Enterprises

PARTICULARS 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

Projected Capital Account:

Opening Balance 9,05,731 13,35,465 17,56,917 22,51,156 28,57,921 35,18,628 42,14,285 50,56,310
Addition - - - - - - - -
Surplus from P&L a/c 5,10,306 6,21,452 7,44,239 8,56,765 10,10,707 11,45,658 13,42,024 15,63,875
Total 14,16,037 19,56,917 25,01,156 31,07,921 38,68,628 46,64,285 55,56,310 66,20,184

Less:
Drawings 80,572 2,00,000 2,50,000 2,50,000 3,50,000 4,50,000 5,00,000 6,00,000

Closing Balance 13,35,465 17,56,917 22,51,156 28,57,921 35,18,628 42,14,285 50,56,310 60,20,184

BS Page 1
 M/s. SLN Enterprises
#289/1, Singanayakanahalli, Bangalore North - 5600064
Prop. - Narayanappa Narasimhaiah
Calculation of Depreciation as per the IT Act

Furniture & Motor

Particulars Computer Total
Fixture Vehicles

Rate of Depreciation 10.00% 15.00% 40.00%

2018-19
Opening WDV 1,40,783 6,62,542 10,073 8,13,398
Addition/(Deduction) - - - -
Depreciation 14,078 99,381 4,029 1,17,489
Closing WDV 1,26,705 5,63,161 6,044 6,95,909
2019-20
Opening WDV 1,26,705 5,63,161 6,044 6,95,909
Addition/(Deduction) - - - -
Depreciation 12,670 84,474 2,418 99,562
Closing WDV 1,14,034 4,78,687 3,626 5,96,347
2020-21
Opening WDV 1,14,034 4,78,687 3,626 5,96,347
Addition/(Deduction) - - - -
Depreciation 11,403 71,803 1,451 84,657
Closing WDV 1,02,631 4,06,884 2,176 5,11,690
2021-22
Opening WDV 1,02,631 4,06,884 2,176 5,11,690
Addition/(Deduction) - - - -
Depreciation 10,263 61,033 870 72,166
Closing WDV 92,368 3,45,851 1,305 4,39,524
2022-23
Opening WDV 92,368 3,45,851 1,305 4,39,524
Addition/(Deduction) - - - -
Depreciation 9,237 51,878 522 61,637
Closing WDV 83,131 2,93,973 783 3,77,888
2023-24
Opening WDV 83,131 2,93,973 783 3,77,888
Addition/(Deduction) - - - -
Depreciation 8,313 44,096 313 52,722
Closing WDV 74,818 2,49,877 470 3,25,165
2024-25
Opening WDV 74,818 2,49,877 470 3,25,165
Addition/(Deduction) - - - -
Depreciation 7,482 37,482 188 45,151
Closing WDV 67,336 2,12,396 282 2,80,014
2025-26
Opening WDV 67,336 2,12,396 282 2,80,014
Addition/(Deduction) - - - -
Depreciation 6,734 31,859 113 38,706
Closing WDV 60,602 1,80,536 169 2,41,308
 Assessment of Working Capital Requirements

NAME OF THE UNIT : M/s. SLN Enterprises

NATURE OF INDUSTRY :

FORM - I

Particulars of the Existing/Proposed limits from the Banking System

(Limits from all Banks and Financial Institutions as on date of application)

Sl. Name of the Bank/ Extent to Which limits were utilised during the last 12 months
No. Financial Institutions

Max.

A. WORKING CAPITAL LIMITS :

Funded
Existing operation : FB
Proposed expansion: FB
Non Funded

Outstanding
Sl. Name of the Bank Overdues, if any
No. Financial Institutions

B. TERM LOANS/DPGs
 FORM - II
OPERATING STAT.- EXISTING
ACTUALS/ESTIMATES FOR THE YEAR ENDED/ENDING

2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

Prov Est Proj Proj Proj Proj Proj Proj
1. GROSS SALES :
(i) Domestic Sales 51,89,494 62,27,393 71,61,502 82,35,727 94,71,086 1,08,91,749 1,25,25,511 1,44,04,338
(ii) Export Sales - - - - - - - -

51,89,494 62,27,393 71,61,502 82,35,727 94,71,086 1,08,91,749 1,25,25,511 1,44,04,338

2. Less:Excise Duty 0 0 0 0 0 0 0 0
Add: Modvat Credit 0 0 0 0 0 0 0 0
3. NET SALES (1-2) 51,89,494 62,27,393 71,61,502 82,35,727 94,71,086 1,08,91,749 1,25,25,511 1,44,04,338

4. % rise(+) or fall(-) in Net 20.00 15.00 15.00 15.00 15.00 15.00 15.00
Sales as Compared To P.Yr.
COST OF SALES
(i) Raw Materials & packing material
(including Stores and other items used
in the process of Manufacture)
(a) Imported } - - - - - - - -
(b) Indigenous } 22,83,377 30,51,422 31,51,061 36,07,248 41,67,278 51,19,122 60,12,245 70,58,126
(ii) Other Spares/Consumables
(a) Imported
(b) Indigenous - 1,25,480 1,31,754 1,44,929 1,59,422 1,75,365 1,92,901 2,12,191
(ii) Packing & Transportation Exp - - - - - - - -
(iii) Water, Fuel & Electricity 10,30,320 12,45,479 13,07,752 16,47,145 18,94,217 21,78,350 25,05,102 28,80,868
 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

(iv) Salary & Incetives 8,87,000 10,20,050 10,71,053 11,24,605 11,80,835 12,39,877 13,01,871 13,66,965

(v) Freight 92,000 1,01,200 1,11,320 1,22,452 1,34,697 1,48,167 1,62,984 1,79,282

(v) Other Mfg Expenses - - - - - - - -

(vi) Depreciation 1,17,489 99,562 84,657 72,166 61,637 52,722 45,151 38,706

(vii) Sub Total (i to vi) 44,10,186 56,43,193 58,57,597 67,18,546 75,98,087 89,13,603 1,02,20,255 1,17,36,137
(viii)Add:Opening Stock in
process - - - - - - - -

Sub-Total 44,10,186 56,43,193 58,57,597 67,18,546 75,98,087 89,13,603 1,02,20,255 1,17,36,137

(ix) Deduct:Closing Stock in
process - - - - - - - -
(x) COST OF PRODUCTION C/O 44,10,186 56,43,193 58,57,597 67,18,546 75,98,087 89,13,603 1,02,20,255 1,17,36,137

(xi) Add:Opening Stock Of

Finished Goods. - - 7,78,424 9,84,706 11,32,412 11,83,886 13,61,469 15,65,689
Sub-Total 44,10,186 56,43,193 66,36,021 77,03,253 87,30,499 1,00,97,489 1,15,81,723 1,33,01,826
(xii) Deduct:Closing Stock of
Finished Goods. - 7,78,424 9,84,706 11,32,412 11,83,886 13,61,469 15,65,689 18,00,542
(xiii)Sub-Total 44,10,186 48,64,769 56,51,314 65,70,840 75,46,613 87,36,020 1,00,16,034 1,15,01,283
(TOTAL COST OF SALES)
6. Selling,General and Administ-
rative Expenses 2,69,001 6,24,171 6,30,948 6,43,121 6,91,464 7,43,844 8,20,624 9,53,201
7. Sub-Total(5+6) 46,79,187 54,88,940 62,82,262 72,13,961 82,38,078 94,79,864 1,08,36,658 1,24,54,484
 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

8. Operating Profit before Interest((3-7) 5,10,307 7,38,453 8,79,240 10,21,766 12,33,008 14,11,885 16,88,853 19,49,854
9. Interest - 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000
10. Operating Profit after
Interest(8-9) 5,10,307 6,28,453 7,69,240 9,11,766 11,23,008 13,01,885 15,78,853 18,39,854

11. (i) Add:Other non-operating - - - - - - - -

Income(Int on FD)
(a) Rent/Rebates - - - - - - - -

Sub-Total (Income) - - - - - - - -

(ii) Deduct Other Nonoperative - - - - - - - -

Expenses
(a) P & P W/off - - - - - - - -
Sub-Total(expenses) - - - - - - - -
Net of other Non-op Income/
Expenses(net of 11(i)&11(ii)) - - - - - - - -
12. Profit before Tax/Loss
(10+11(iii)) 5,10,307 6,28,453 7,69,240 9,11,766 11,23,008 13,01,885 15,78,853 18,39,854
13. Provision for Taxes - 7,000 25,000 55,000 1,12,301 1,56,226 2,36,828 2,75,978
14. NET PROFIT/LOSS (12-13) 5,10,307 6,21,453 7,44,240 8,56,766 10,10,708 11,45,659 13,42,025 15,63,876
15. Equity dividend paid - - - - - - - -

16. Retained Profit(14-15) 5,10,307 6,21,453 7,44,240 8,56,766 10,10,708 11,45,659 13,42,025 15,63,876
Retained Profit/Net Profit(%)
Balance carried to P&L A/C.
NP/Sales % 9.83% 9.98% 10.39% 10.40% 10.67% 10.52% 10.71% 10.86%
 FORM-III
ANALYSIS OF BALANCE SHEET - EXISTING

As per the Balance Sheets as at 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

Liabilities

CURRENT LIABILITIES

1. Short Term Borrowings From

Banks(including Bills Purcha-
sed and discounted and the
Excess Borrowings Placed
on Repayment Basis)
i) From Applicant Bank - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
ii) From other Banks/FI - - - - - - - -
iii) Of which BP or BD - - - - - - - -

Sub-Total - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000

2. Short Term Borrowings From

Others - - - - - - - -

3. Sundry Creditors (Trade) 1,24,180 1,25,401 1,29,496 1,48,243 1,71,258 2,10,375 2,47,079 2,90,060

4. AdvancePayments From Customers

Deposits From Dealers - - - - - - - -

5. Provision for Taxation - - - - - - - -

6. Dividend Payable - - - - - - - -
 As per the Balance Sheets as at 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
7. Other Statutory Liabilities
(due within one year) - - - - - - - -
8. Deposits/Installments of Term
Loans/DPGs/Debentures etc.
(Due within one year)
9. Other current Liabilities and
Provisions(due within one year)
(specify major items) ( including 54,676 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000
creditors for project )
Sub-Total(B) 1,78,856 2,25,401 2,29,496 2,48,243 2,71,258 3,10,375 3,47,079 3,90,060

10. Total Current Liabilities

(Total of 1 to 9) 1,78,856 12,25,401 12,29,496 12,48,243 12,71,258 13,10,375 13,47,079 13,90,060

11. Debentures (Not Maturing

within one year) - - - - - - - -
12. Preference Shares (Redeemable
after one year) - - - - - - - -
13. Term Loans (Excluding insta-
-lments Payable with 1 Year)
14. Deffered Payments credits
(Excluding Instalments Payable
within one year) - - - - - - - -
15. Term Deposits(repayable
after one year) - - - - - - - -
16. Other Term Liabilities - - - - - - - -
 As per the Balance Sheets as at 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
17. Total Term Liabilities
(Total of 11 to 16) - - - - - - - -

18. Total Outside Liabilities

(10 + 17) 1,78,856 12,25,401 12,29,496 12,48,243 12,71,258 13,10,375 13,47,079 13,90,060

NET WORTH

19. Prop. Capital A/c 13,35,465 17,56,917 22,51,156 28,57,921 35,18,628 42,14,285 50,56,310 60,20,184

20. Quasi Capital / Unsecured Loans - - - - - - - -

21. Rev Reserve/Share Premium - - - - - - - -

22. Other Res/Share app Money/

Partly paid up share Capital/Subsidy - - - - - - - -

23. Surplus(+) or Deficit(-) - - - - - - - -

in profit & loss account

24. Net Worth(Total of 19to23) 13,35,465 17,56,917 22,51,156 28,57,921 35,18,628 42,14,285 50,56,310 60,20,184

25. Total Liabilities(18+24) 15,14,321 29,82,318 34,80,652 41,06,164 47,89,886 55,24,660 64,03,388 74,10,244
 As per the Balance Sheets as at

ASSETS 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

CURRENT ASSETS

26. Cash & Bank Balances 45,673 75,093 69,433 81,682 90,185 94,410 1,65,027 2,39,836

27. Investments(other than Long - - - - - - - -

term Investments)
(i) Govt & Other Trustee - - - - - - - -
Securities
(ii) Fixed Deposits with Bank - - - - - - - -

28. (i) Receivables other than

deffered & Export (including
bills Purchased/Discounted by
Banks) 6,22,739 6,82,454 7,84,822 9,02,545 10,37,927 11,93,616 13,72,659 15,78,558
(ii) Export Receivables(inclu-
ding BillsPurchased/Discounted
by Banks - - - - - - - -
29. Investments of Deferred
receivables(within 1 Year) - - - - - - - -
30. Inventory:
(i)Raw Material(including
stores & Other items Used in
the process of Manufacture
(a) Imported - - - - - - - -
(b) Indigenous - - - - - - - -
(ii) Stocks-in-process - - - - - - - -
(iii) Finished Goods - 7,78,424 9,84,706 11,32,412 11,83,886 13,61,469 15,65,689 18,00,542
 ASSETS 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
(iv)Other consumable Spares
(a) Imported - - - - - - - -
(b) Indigenous - - - - - - - -

31. Advances to Suppliers of

Raw Material & Stores/Spares 1,50,000 6,50,000 9,30,000 13,50,000 19,00,000 23,50,000 28,20,000 33,50,000

32. Advance Payment of Taxes - - - - - - - -

33. Other Current Assets

(Specify Major Items) - 2,00,000 2,00,000 2,00,000 2,00,000 2,00,000 2,00,000 2,00,000

34. Total Current Assets

(Total of 26 to 33) 8,18,412 23,85,971 29,68,961 36,66,640 44,11,998 51,99,495 61,23,374 71,68,936

35. Fixed Assets (WDV) (Land & Buildings

Machinery / Work in Process 8,13,398 6,95,909 5,96,347 5,11,690 4,39,524 3,77,888 3,25,165 2,80,014

36. Depreciation to Date 1,17,489 99,562 84,657 72,166 61,637 52,722 45,151 38,706

37. Net Block(35-36) 6,95,909 5,96,347 5,11,690 4,39,524 3,77,888 3,25,165 2,80,014 2,41,308
 ASSETS 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
Other Non Current Assets
38. Investments / Bookdebts
Advances / Deposits
(which are not Current Assets)
(i)(a) Investments in Subsid-
iary Cos / Affiliates - - - - - - - -
(b) Others - Loans & deposits - - - - - - - -
(ii) Advances to Suppliers of
Capital Goods & Contractors - - - - - - - -

(iii) Debtors more than 6 months - - - - - - - -

(Maturity Exceeding 1 Year)
(iv) Others NSC/NSS /BONDS - - - - - - - -
(Bank Fixed Deposits)
39. Non consumable Stores / Spares - - - - - - - -

40. Other Non Current assets

including dues from Directors - - - - - - - -

41. Total Other Non Current Asset

(Total of 38 to 40) - - - - - - - -
42. Intangible Assets ( Patents
Goodwill / Preliminary Expenses /
Bad / Doubtful Debts Not Provi-
ded for,etc. - - - - - - - -
43. Total Assets (34+37+41+42) 15,14,321 29,82,318 34,80,652 41,06,164 47,89,886 55,24,660 64,03,388 74,10,244
 ASSETS 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

44. Tangible Networth 13,35,465 17,56,917 22,51,156 28,57,921 35,18,628 42,14,285 50,56,310 60,20,184
(Item 24 - 42)

45. Net Working Capital 6,39,556 11,60,570 17,39,466 24,18,397 31,40,740 38,89,120 47,76,296 57,78,876
(Item 34 - 10 )

46. Current Ratio (Item 34 / 10) 4.58 1.95 2.41 2.94 3.47 3.97 4.55 5.16

47. Total Outside Liabilities/

Tangible Networth(18/44) 0.13 0.70 0.55 0.44 0.36 0.31 0.27 0.23

- - - - - - - -
Tot.Liabilities 15,14,321 29,82,318 34,80,652 41,06,164 47,89,886 55,24,660 64,03,388 74,10,244
Tot.Assets 15,14,321 29,82,318 34,80,652 41,06,164 47,89,886 55,24,660 64,03,388 74,10,244
B/s Diff - - - - - - - -
MPBF - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
 FORM IV
COMPARITIVE STATEMENT OF CA/ LIABILITIES.

As per the Balance Sheets as at 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
A.CURRENT ASSETS :
1. Raw Materials (including
Stores and other items used
in the process of Manufacture)
(a) Imported - - - - - - - -
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
(b) Indigenous - - - - - - - -
(1 months consumption) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2. Other Consumable Spares

(excluding those included
under item 1 above)
(a) Imported (Packing Mat) - - - - - - - -
- - - - - - - -
(b) Indigenous(Packing Mat) - - - - - - - -
(.... Months Consumption) - - - - - - - -

3. Stock in Process - - - - - - - -
(0.33months of cost of production) - - - - - - - -

4. Finished Goods - 7,78,424 9,84,706 11,32,412 11,83,886 13,61,469 15,65,689 18,00,542

(1 months cost of sales) 0.00 1.66 2.02 2.02 1.87 1.83 1.84 1.84
 As per the Balance Sheets as at 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

5. Receivables other than

Export & deffered receivables
(Including bills purchased and
discounted by Bankers) 6,22,739 6,82,454 7,84,822 9,02,545 10,37,927 11,93,616 13,72,659 15,78,558
(1 months sales) 1.44 1.32 1.32 1.32 1.32 1.32 1.32 1.32

6. Export receivables(including
bills purchased and disctd.
by Bankers) - - - - - - - -

7. Advances to suppliers of
raw materials and stores/
spares consumable 1,50,000 6,50,000 9,30,000 13,50,000 19,00,000 23,50,000 28,20,000 33,50,000
8. Other current assets
including Cash & Bank Balance
and deffered receivables due
within one year
(specify major items) 45,673 2,75,093 2,69,433 2,81,682 2,90,185 2,94,410 3,65,027 4,39,836

9. Total Current Assets(To

agree with item 34 in form III 8,18,412 23,85,971 29,68,961 36,66,640 44,11,998 51,99,495 61,23,374 71,68,936
 COMPARITIVE STATEMENT OF CA & LIABILITIES
As per the Balance Sheets as at

As per the Balance Sheets as at 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

B.CURRENT LIABILITIES
(Other than Bank borrowings
for working Capital)
10. Creditors for purchase of
Raw Materials,Store&Consumable
Spares. 1,24,180 1,25,401 1,29,496 1,48,243 1,71,258 2,10,375 2,47,079 2,90,060
(30 days Purchases) 0.65 0.49 0.49 0.49 0.49 0.49 0.49 0.49

11. Advances From Customers - - - - - - - -

12. Statutory Liabilities/
Provisions - - - - - - - -

13. Other Current Liabilities

(specify major items)
(a) Provision for Taxation - - - - - - - -
(b) Statutory Liability - - - - - - - -
(c) Dividend Payable - - - - - - - -
(d) Instalments of Term Loan,
DPG,Debentures etc. falling
due within one year 54,676 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000
14. Total 1,78,856 2,25,401 2,29,496 2,48,243 2,71,258 3,10,375 3,47,079 3,90,060
(To agree with sub-Total(B) of
Form III)
 COMPUTATION OF PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL
As per the Balance Sheets as at

As per the Balance Sheets as at 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

1. Working Capital(WCG)(1-2above) 6,39,556 21,60,570 27,39,466 34,18,397 41,40,740 48,89,120 57,76,296 67,78,876

2. Minimum Stipulated Net Working

Capital ie.25% of Total Current
Assets(Export receivables to be
Excluded) 2,04,603 5,96,493 7,42,240 9,16,660 11,03,000 12,99,874 15,30,844 17,92,234

3. Actual / Projected Net Working

Capital(45 in Form III) 6,39,556 11,60,570 17,39,466 24,18,397 31,40,740 38,89,120 47,76,296 57,78,876

4. Item 1 minus item 2 4,34,953 15,64,077 19,97,225 25,01,737 30,37,741 35,89,246 42,45,452 49,86,642

5. Item 1 minus item 3 - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000

6. Maximum permissable Bank Fina-

nce(item4/5Whichever is Lower) - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000

7. Excess Borrowings(represent-
ing short fall in Net working - - - - - - - -
capital)(2-3)
 As per PBS (Projected Balance Sheet)

As per PBS (Projected Balance Sheet) 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

1. Total Current Assets 8,18,412 23,85,971 29,68,961 36,66,640 44,11,998 51,99,495 61,23,374 71,68,936
(9 in Form IV)
2.Other Current Liabilities 1,78,856 2,25,401 2,29,496 2,48,243 2,71,258 3,10,375 3,47,079 3,90,060
(other than bank borro-
wings) (14 of Form IV)
3. Working Capital Gap(WCG) (1-2) 6,39,556 21,60,570 27,39,466 34,18,397 41,40,740 48,89,120 57,76,296 67,78,876
4. Minimum Stipulated
Net Working Capital ie.,
25% of WCG/25% of total
current assets as the
case may be depending
upon the method of
lending being applied.
(Export Receivables to
be excluded under both
methods) 2,04,603 5,96,493 7,42,240 9,16,660 11,03,000 12,99,874 15,30,844 17,92,234
5. Actual/Projected Net 6,39,556 11,60,570 17,39,466 24,18,397 31,40,740 38,89,120 47,76,296 57,78,876
Working Capital
(45 in Form III)
6. Item 3 minus Item 4 4,34,953 15,64,077 19,97,225 25,01,737 30,37,741 35,89,246 42,45,452 49,86,642
7. Item 3 minus Item 5 - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
8. Maximum Permissible - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
Bank Finance
(Item 6 or 7 whichever is lower)
9. Excess Borrowings - - - - - - - -
representing shortfall
in NWC (4-5)
 PERFORMANCE AND FINANCIAL INDICATORS

Year 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

Particulars
Net Sales 51,89,494 62,27,393 71,61,502 82,35,727 94,71,086 1,08,91,749 1,25,25,511 1,44,04,338
PBT 5,10,307 6,28,453 7,69,240 9,11,766 11,23,008 13,01,885 15,78,853 18,39,854
PBT/ Sales 9.83% 10.09% 10.74% 11.07% 11.86% 11.95% 12.61% 12.77%
Operating Profit after Interest 5,10,307 6,28,453 7,69,240 9,11,766 11,23,008 13,01,885 15,78,853 18,39,854
PAT 5,10,307 6,21,453 7,44,240 8,56,766 10,10,708 11,45,659 13,42,025 15,63,876
Cash Profit 6,27,796 7,21,015 8,28,896 9,28,932 10,72,344 11,98,381 13,87,177 16,02,581
PBDIT 6,27,796 8,38,015 9,63,896 10,93,932 12,94,645 14,64,607 17,34,004 19,88,559
PBDIT/Sales 12.10% 13.46% 13.46% 13.28% 13.67% 13.45% 13.84% 13.81%
PAT/N.Sales (%) 9.83% 9.98% 10.39% 10.40% 10.67% 10.52% 10.71% 10.86%
PAT/TNW (%) 38.21% 35.37% 33.06% 29.98% 28.72% 27.19% 26.54% 25.98%
Paidup Capital 13,35,465 17,56,917 22,51,156 28,57,921 35,18,628 42,14,285 50,56,310 60,20,184
TNW 13,35,465 17,56,917 22,51,156 28,57,921 35,18,628 42,14,285 50,56,310 60,20,184
TOL/TNW 0.13 0.70 0.55 0.44 0.36 0.31 0.27 0.23
Current Ratio 4.58 1.95 2.41 2.94 3.47 3.97 4.55 5.16
Debt/ Equity Ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT/TTA (%) 33.70% 21.07% 22.10% 22.20% 23.45% 23.56% 24.66% 24.83%
Net Sales/TTA (%) 342.69% 208.81% 205.75% 200.57% 197.73% 197.15% 195.61% 194.38%
Op. Exp./N.Sales (%) 90.17% 88.14% 87.72% 87.59% 86.98% 87.04% 86.52% 86.46%
BB/TTA (%) 0.00% 33.53% 28.73% 24.35% 20.88% 18.10% 15.62% 13.49%
Inv. +Recievables/N.sales (Days) 43.80 85.63 90.19 90.19 85.63 85.63 85.63 85.63
TTA 15,14,321 29,82,318 34,80,652 41,06,164 47,89,886 55,24,660 64,03,388 74,10,244
Op. Exp. 46,79,187 54,88,940 62,82,262 72,13,961 82,38,078 94,79,864 1,08,36,658 1,24,54,484
Inv. +Recievables 6,22,739 14,60,878 17,69,529 20,34,958 22,21,813 25,55,085 29,38,348 33,79,100
Bank Borrowings - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
 ASSESSMENT OF WORKING CAPITAL REQUIREMENT UNDER PBS METHOD

Year 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

Particulars
Total Current Assets 8,18,412 23,85,971 29,68,961 36,66,640 44,11,998 51,99,495 61,23,374 71,68,936
Other Current Liabilities 1,78,856 2,25,401 2,29,496 2,48,243 2,71,258 3,10,375 3,47,079 3,90,060
Working Capital Gap 6,39,556 21,60,570 27,39,466 34,18,397 41,40,740 48,89,120 57,76,296 67,78,876
NWC(Actual/Proj.) 6,39,556 11,60,570 17,39,466 24,18,397 31,40,740 38,89,120 47,76,296 57,78,876
ABF - 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
NWC/TCA(%) 78.15% 48.64% 58.59% 65.96% 71.19% 74.80% 78.00% 80.61%
OCL/TCA (%) 21.85% 9.45% 7.73% 6.77% 6.15% 5.97% 5.67% 5.44%
S.Creditors/TCA (%) 15.17% 5.26% 4.36% 4.04% 3.88% 4.05% 4.04% 4.05%
ABF/TCA 0.00% 41.91% 33.68% 27.27% 22.67% 19.23% 16.33% 13.95%
Inventory/N.Sales (Days) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Recievables/G. Sales (Days) 43.80 40.00 40.00 40.00 40.00 40.00 40.00 40.00
PBDIT/Intt.(Times) 0.00 7.55 8.54 9.44 10.75 11.89 13.61 15.57
PAT/N.Sales (%) 9.83% 9.98% 10.39% 10.40% 10.67% 10.52% 10.71% 10.86%
ROCE (%) 38.21% 35.37% 33.06% 29.98% 28.72% 27.19% 26.54% 25.98%
N.Sales 51,89,494 62,27,393 71,61,502 82,35,727 94,71,086 1,08,91,749 1,25,25,511 1,44,04,338
G.Sales 51,89,494 62,27,393 71,61,502 82,35,727 94,71,086 1,08,91,749 1,25,25,511 1,44,04,338
Inventory - - - - - - - -
Recievables 6,22,739 6,82,454 7,84,822 9,02,545 10,37,927 11,93,616 13,72,659 15,78,558
Purchases/R.M.C. 22,83,377 30,51,422 31,51,061 36,07,248 41,67,278 51,19,122 60,12,245 70,58,126
S.Creditors 1,24,180 1,25,401 1,29,496 1,48,243 1,71,258 2,10,375 2,47,079 2,90,060
PBDIT 6,27,796 8,31,015 9,38,896 10,38,932 11,82,344 13,08,381 14,97,177 17,12,581
Interest - 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000 1,10,000
TTA 15,14,321 29,82,318 34,80,652 41,06,164 47,89,886 55,24,660 64,03,388 74,10,244