M/s Sreenivasa Steel Traders

PROJECTED PROFITABILITY STATEMENT

Particulars 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

Income:
Revenue from Operations 33,265,250 44,242,783 59,727,757 76,451,529 97,857,957 125,258,185
Total Income (A) 33,265,250 44,242,783 59,727,757 76,451,529 97,857,957 125,258,185

Cost of Goods Sold

Opening Stock 12,520,529 16,065,602 17,244,002 18,122,402 18,460,802 19,064,202
Add: Purchases 33,866,227 41,452,627 54,711,027 68,961,027 87,024,078 109,665,282
Less: Closing Stock 16,065,602 17,244,002 18,122,402 18,460,802 19,064,202 19,622,602
Cost Of Goods Sold (B) 30,321,154 40,274,227 53,832,627 68,622,627 86,420,678 109,106,882

Gross Profit (A-B) 2,944,096 3,968,556 5,895,130 7,828,902 11,437,279 16,151,303

GP Ratio 8.85% 8.97% 9.87% 10.24% 11.69% 12.89%

Expenditure:
Salaries & Wages 245,784 288,000 576,000 1,296,000 1,440,000 2,100,000
Insurance 981 1,440 2,016 2,822 3,951 5,532
Other Expenses 83,675 90,369 97,598 105,406 113,839 122,946
Interest 1,834,607 2,119,932 2,200,000 2,200,000 2,200,000 2,200,000
Depreciation 115,672 96,300 81,855 69,577 59,140 50,269
Total C 2,280,719 2,596,041 2,957,469 3,673,805 3,816,930 4,478,747

Operating Profit (A-B-C) 663,378 1,372,515 2,937,661 4,155,096 7,620,348 11,672,556

Add: Other Income 18,772 21,368 25,465 28,388 31,485 33,182
Net Profit 682,150 1,393,883 2,963,126 4,183,484 7,651,833 11,705,738

NP Ratio 2.05% 3.15% 4.96% 5.47% 7.82% 9.35%

M/s Sreenivasa Steel Traders

PROJECTED BALANCE SHEET

LIABILITIES 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

Capital Account 5,329,793 5,883,941 7,302,658 10,221,192 13,475,831 19,865,854
Add: Net Profit After Tax 682,150 1,148,261 2,571,481 3,603,758 6,721,314 10,403,320
Add: Additions 36,492 445,457 548,138 291,936 583,872 1,167,744
6,048,435 7,477,658 10,422,277 14,116,886 20,781,017 31,436,918
Less: Drawings 164,494 175,000 201,085 641,055 915,163 6,918,016
Total A 5,883,941 7,302,658 10,221,192 13,475,831 19,865,854 24,518,902

Secured Loans 11,014,979 10,464,230 9,941,019 9,443,968 8,971,770 8,523,181

Unsecured Loans 6,380,109 6,699,114 5,534,070 5,810,774 6,101,312 6,406,378
Total B 17,395,088 17,163,345 15,475,089 15,254,742 15,073,082 14,929,559

Sundry creditors 1,991,970 2,390,364 2,868,437 3,442,125 4,130,550 4,956,660

CC Loan 14,165,571 14,176,561 20,000,000 20,000,000 20,000,000 20,000,000
Total current liabilities C 16,157,542 16,566,925 22,868,437 23,442,125 24,130,550 24,956,660

Total Liabilities (A + B +C ) 39,436,571 41,032,929 48,564,719 52,172,698 59,069,486 64,405,121

ASSETS 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

Fixed Assets:
Fixed Assets 8,273,091 8,157,419 8,061,119 7,979,264 7,909,687 7,850,547
Less:Dep 115,672 96,300 81,855 69,577 59,140 50,269
Total Fixed Assets (A) 8,157,419 8,061,119 7,979,264 7,909,687 7,850,547 7,800,278

Investments
PCS Securities Ltd. 500,418 556,485 612,134 673,347 740,682 814,750
Zerodha 5,000 20,000 22,000 24,200 26,620 29,282
505,418 576,485 634,134 697,547 767,302 844,032
Current Assets
Inventories 16,065,602 17,244,002 18,122,402 18,460,802 19,064,202 19,622,602
Sundry Debtors 13,149,568 14,116,702 20,670,988 23,803,342 29,908,722 34,433,395
Deposits 118,600 118,600 118,600 118,600 118,600 118,600
Loans and Advances 362,800 380,000 400,000 420,000 450,000 500,000
Other Current Assets 67,718 77,876 89,557 102,991 118,439 136,205
Cash & Bank Balances 1,009,446 458,145 549,774 659,729 791,675 950,009
Total B 30,773,734 32,395,325 39,951,321 43,565,464 50,451,637 55,760,812
Total Assets (A + B) 39,436,571 41,032,929 48,564,719 52,172,698 59,069,486 64,405,121
M/s Sreenivasa Steel Traders

OPERATING STATEMENT 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

1.Income 33,265,250 44,242,783 59,727,757 76,451,529 97,857,957 125,258,185
a. Revenue from Operations 33,265,250 44,242,783 59,727,757 76,451,529 97,857,957 125,258,185
2.Excise Duty - - - -
3. Net Sales ( 1-2) 33,265,250 44,242,783 59,727,757 76,451,529 97,857,957 125,258,185
4. Cost of Goods Sold
Cost of Goods Sold 33,866,227 41,452,627 54,711,027 68,961,027 87,024,078 109,665,282
Add: Opening Stock 12,520,529 16,065,602 17,244,002 18,122,402 18,460,802 19,064,202
Less: Closing Stock 16,065,602 17,244,002 18,122,402 18,460,802 19,064,202 19,622,602
Cost of Goods Sold 30,321,154 40,274,227 53,832,627 68,622,627 86,420,678 109,106,882
5. Interest on Loan 1,834,607 2,119,932 2,200,000 2,200,000 2,200,000 2,200,000
6.Admn. & Selling Expenses 446,112 476,109 757,469 1,473,805 1,616,930 2,278,747
7. Operating Income(3 - 4 - 5 - 6) 663,378 1,372,515 2,937,661 4,155,096 7,620,348 11,672,556
8.Add: Other Income 18,772 21,368 25,465 28,388 31,485 33,182
9. P A T/Retained Profit 682,150 1,393,883 2,963,126 4,183,484 7,651,833 11,705,738

PAT / NET SALES (% ) 2.05% 3.15% 4.96% 5.47% 7.82% 9.35%

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M/s Sreenivasa Steel Traders

LIABILITIES 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

1. Short Term Bank Borrowings
a.From Applicant Bank 14,165,571 14,176,561 20,000,000 20,000,000 20,000,000 20,000,000
2.Sundry Creditors 1,991,970 2,390,364 2,868,437 3,442,125 4,130,550 4,956,660
3. Current Liabilities - - - - - -
TOTAL OCL 1,991,970 2,390,364 2,868,437 3,442,125 4,130,550 4,956,660

CURRENT LIABILITIES 16,157,542 16,566,925 22,868,437 23,442,125 24,130,550 24,956,660

Term Loans 17,395,088 17,163,345 15,475,089 15,254,742 15,073,082 14,929,559

TOTAL 17,395,088 17,163,345 15,475,089 15,254,742 15,073,082 14,929,559

3.Total Outside Liabilities 33,552,630 33,730,270 38,343,527 38,696,867 39,203,632 39,886,219

NETWORTH
4.Proprietor's Capital 5,329,793 5,883,941 7,302,658 10,221,192 13,475,831 19,865,854
5. P & L Account 682,150 1,148,261 2,571,481 3,603,758 6,721,314 10,403,320
6. Add: Additions 36,492 445,457 548,138 291,936 583,872 1,167,744
6 Less: Drawings 164,494 175,000 201,085 641,055 915,163 6,918,016
7.Net Worth 5,883,941 7,302,658 10,221,192 13,475,831 19,865,854 24,518,902
8.Total Liabilities 39,436,571 41,032,929 48,564,719 52,172,698 59,069,486 64,405,121

ASSETS 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

1.Cash and Bank Balance 1,009,446 458,145 549,774 659,729 791,675 950,009
2.Advances - - - - - -
2a. Trade Receivables 13,149,568 14,116,702 20,670,988 23,803,342 29,908,722 34,433,395
3.Inventories 16,065,602 17,244,002 18,122,402 18,460,802 19,064,202 19,622,602
3a.Raw Materials--indigineous 16,065,602 17,244,002 18,122,402 18,460,802 19,064,202 19,622,602
4.Other Current Assets 549,118 576,476 608,157 641,591 687,039 754,805
5.Total Current Assets 30,773,734 32,395,325 39,951,321 43,565,464 50,451,637 55,760,812

6.Gross Block 8,273,091 8,157,419 8,061,119 7,979,264 7,909,687 7,850,547

7.Depreciation 115,672 96,300 81,855 69,577 59,140 50,269
8.Net Block 8,157,419 8,061,119 7,979,264 7,909,687 7,850,547 7,800,278
other non current assets 505,418 576,485 634,134 697,547 767,302 844,032
9.Total Non current Assets 8,662,837 8,637,604 8,613,397 8,607,234 8,617,848 8,644,309
10.Total Assets 39,436,571 41,032,929 48,564,719 52,172,698 59,069,486 64,405,121

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M/s Sreenivasa Steel Traders

FINANCIAL INDICATORS 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

Net Sales 33,265,250 44,242,783 59,727,757 76,451,529 97,857,957 125,258,185

Export Sales - - - - - -

Operating Profit 663,378 1,372,515 2,937,661 4,155,096 7,620,348 11,672,556

PBT 682,150 1,393,883 2,963,126 4,183,484 7,651,833 11,705,738

PBT / Net Sales (%) 2.05 3.15 4.96 5.47 7.82 9.35

Net Profit 682,150 1,393,883 2,963,126 4,183,484 7,651,833 11,705,738

Cash Accruals 797,822 1,490,183 3,044,981 4,253,061 7,710,974 11,756,007

PBDIT 2,632,428 3,610,115 5,244,981 6,453,061 9,910,974 13,956,007

TNW 5,883,941 7,302,658 10,221,192 13,475,831 19,865,854 24,518,902

Adjusted TNW 5,883,941 7,302,658 10,221,192 13,475,831 19,865,854 24,518,902

TOL / TNW 5.70 4.62 3.75 2.87 1.97 1.63

Adjusted TOL / TNW 5.70 4.62 3.75 2.87 1.97 1.63

Current Ratio 1.90 1.96 1.75 1.86 2.09 2.23

Total Current Assets 30,773,734 32,395,325 39,951,321 43,565,464 50,451,637 55,760,812

Other Current Liabilities 1,991,970 2,390,364 2,868,437 3,442,125 4,130,550 4,956,660

Working Capital Gap 28,781,764 30,004,960 37,082,884 40,123,339 46,321,088 50,804,152

NWC 28,781,764 15,828,399 17,082,884 20,123,339 26,321,088 30,804,152

Assessed Bank Finance - 14,176,561 20,000,000 20,000,000 20,000,000 20,000,000

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M/s Sreenivasa Steel Traders

EFFICIENCY RATIOS 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

DSCR Ratio - 1.37 1.94 2.41 3.74 1.30

Debt Equity Ratio 5.36 4.29 3.47 2.62 1.77 1.42

NWC TO TCA (%) 94 49 43 46 52 55

BF TO TCA (%) - 44 50 46 40 36

OCL TO TCA (%) 6 7 7 8 8 9

Inventory / Net Sales 0.48 0.39 0.30 0.24 0.19 0.16

Receivables / Gross Sales 0 0 0 0 0 0

Sundry Creditors / Purchases 21 21 19 18 17 16

Net Sales / TTA times 1 1 1 1 2 2

PBT / TTA (%) 2 3 6 8 13 18

B F / TCA ( %) - 44 50 46 40 36

Inv + Rec / Net Sales ( days) 321 259 237 202 183 158

operating cost / net sales (%) 98 97 95 95 92 91

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