v

ANNEXURE-I
ANALYSIS OF PROFIT AND LOSS ACCOUNT
ABS
ABS
31.03.2014 31.03.2015

Particulars
1. Gross Sales
a. Export Sales
b. Domestic Sales
c.Other Income
d. Misc. Sales
Total Sales / Income
e. Other Income
Total
2. Less Excise Duty
3. Net Sales
4. Percentage of rise in sales

5. Cost of Sales
a. Raw Materials consumed
I. Imported
ii. Indigenous
b. Stores and Spares
I. Imported
ii. Indigenous-c. Power and Fuel
d. Direct Labour
e. Repairs and Maintenance
f. Clearing & Fwd. Charges
g. Handling/loading/Warehouse charges
h. Freight & carriage
i.Other Mfg. Expenses/Direct Expenses
Total Manufacturing/Direct Expenses
j. Depreciation
h. Sub-Total
Add Opening Stock in Process
Less Closing Stock in Process
6. Cost Of Production
Add Opening Stock of Finished Goods
Less Closing Stock of Finished Goods
7. Cost of Sales
8. Gross Profit
9. Selling, Geneeral & Admn. Expenses
10. Interest and Financial Charges
Interest Net Off
11. Sub-Total
Total Expenses
12. Operating Profit
13. Add-Income
i. Profit on sale of Fixed Asset
ii. Rent Received
iii. Claim & Discount
iv. Foreign Exch. Rate Diff.
v. Dividend / Interest --Income
vi. Deferred Tax Adj.
Sub-Total(Income)
Deduct Non-operating Expenses
I. Misc. Expenses Written Off
ii. Extraordinary Items - Bad Debts
Sub-Total
Net off other Non-operating Income/exp.
14. Profit Before Tax
15. Provision for Taxes
Add. Defferred Tax
16. Profit After Taxes
PURCHASE

PBS
31.03.2016

(INR in Lacs)
ESTIMATE PROJECTIONS PROJECTIONS
31.03.2017
31.03.2018
31.03.2019

0.00
34716.47
13.30
0.00
34729.77
0.00
34729.77
3816.13
30913.64
17.82

0.00
29656.19
79.33
0.00
29735.52
0.00
29735.52
3263.34
26472.18
-14.37

0.00
20733.99
6.11
0.00
20740.10
0.00
20740.10
2303.18
18436.92
-30.35

0.00
21478.61
7.00
0.00
21485.61
0.00
21485.61
2386.51
19099.10
3.59

0.00
22337.75
5.00
0
22342.75
0
22342.75
2481.97
19860.78
3.99

0.00
23208.93
###
5.00
###
###
0
23213.93
0
23213.93
2558.88
20655.05
4.00

27856.86
0.00
0.00
0.00
0.00
0.00
1409.39
119.36
0.00
0.00
0.00
0.00
519.12
29904.73
202.41
30107.14
0.00
0.00
30107.14
996.43
1093.76
30009.81
903.83
489.71
292.08

23775.80
0.00
0.00
0.00
0.00
0.00
1087.65
120.48
0.00
0.00
0.00
0.00
369.70
25353.63
160.99
25514.62
0.00
0.00
25514.62
1093.76
781.31
25827.07
645.11
310.55
264.33

16060.64
0.00
0.00
0.00
0.00
0.00
1010.84
120.48
0.00
0.00
0.00
0.00
335.11
17527.07
183.64
17710.71
0.00
0.00
17710.71
781.31
621.96
17870.06
566.86
283.22
252.99

16847.61
0.00
0.00
0.00
0.00
0.00
1041.17
120.48
0.00
0.00
0.00
0.00
345.16
18354.42
185.48
18539.90
0.00
0.00
18539.90
621.96
684.16
18477.70
621.40
286.05
247.09

17504.67
0.00
0.00
0.00
0.00
0.00
1051.58
120.48
0.00
0.00
0.00
0.00
355.52
19032.24
187.33
19219.57
0.00
0.00
19219.57
684.16
692.50
19211.23
649.55
288.91
256.90

18239.86
0.00
###
0.00
###
0.00
###
0.00
###
0.00
###
1057.00
###
120.48
###
0.00
###
0.00
###
0.00
###
0.00
###
350.00
###
19767.34
189.20
19956.55
0.00
0.00
19956.55
###
692.50
###
685.00
###
19964.05
###
691.00
287.00
246.64

781.79
30791.60
122.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
122.05
0.00
0.00
0.00
0.00
122.05
122.05
41.71
0.00
80.34

574.88
26401.95
70.23
0.00
0.00
0.00
0.00
0.00
0.00
0.00
70.23
0.00
0.00
0.00
0.00
70.23
70.23
10.28
0.00
59.95

536.21
18406.27
30.65
0.00
0.00
0.00
0.00
0.00
0.00
0.00
30.65
0.00
0.00
0.00
0.00
30.65
30.65
10.12
0.00
20.53

533.14
19010.84
88.26
0.00
0.00
0.00
0.00
0.00
0.00
0.00
88.26
0.00
0.00
0.00
0.00
88.26
88.26
30.11
0.00
58.15

545.81
19757.05
103.74
0.00
0.00
0.00
0.00
0.00
0.00
0.00
103.74
0.00
0.00
0.00
0.00
103.74
103.74
34.23
0.00
69.51

533.64
20497.69
157.36
0.00
0.00
0.00
0.00
0.00
0.00
0.00
157.36
0.00
0.00
0.00
0.00
157.36
157.36
51.93
0.00
105.43

v
Particulars

ANALYSIS OF BALANCE SHEET

ABS
ABS
31.03.2014 31.03.2015

LIABILITIES
1. Share Capital
1.Capital
2. Share Aplication Money
3. Reserves-General (Securities Premium)
4. Reserves-Others
5. Revaluation Reserves
6. P & L Account (profit)
7. USLas Quasi Equity
TERM LIABILITIES
7. Term Loans-Bank
8. Term Loans/Secured Loan-From Other Bank
9. Deposits payable after one year.
10.Deferred Payment Credits
11. Deferred Tax Liab.
12. Advance from Dealers/Others
13. Term Deposits
14. Debentures.
15. Unsecured Loans (term liab.)
16. Other Term Liabilities
Sub-Total
CURRENT LIABILITIES
17. Bank Borrowings --Total
a. ____ Bank
b. Other Bank
18. Short Term Borrowings from Others
Short Term Borrowings from Banks
19. Deposits
20. Bills payable for acceptance
21. Sundry Creditors-For Goods
-For Others
22. Provisions-For Tax
-For Others
23. Creditors for Capital Goods
24. Term Loan Instalments due / debentures etc
25. Other Current liabilities
Sub-Total--Total Current Liabilities
Total Outside Liabilities
Total Liabilities

PBS
31.03.2016

ESTIMATE PROJECTIONS PROJECTIONS

31.03.2017
31.03.2018
31.03.2019

127.82
127.82
0.00
1182.75
1221.57
0.00
80.34
0.00
2612.48

132.82
132.82
0.00
1277.75
1301.92
0.00
59.95
0.00
2772.44

132.82
132.82
0.00
1277.75
1361.87
0.00
20.53
0.00
2792.97

132.82
132.82
0.00
1277.75
1382.40
0.00
58.15
0.00
2851.12

132.82
132.82
0
1277.75
1440.55
0
69.51
0.00
2920.63

132.82
132.82
0
1277.75
1510.06
0
105.43
0.00
3026.06

0.00
14.35
6.02
0.00
245.86
0.00
0.00
0.00
0.00
21.97
288.20

0.00
20.45
6.02
0.00
255.60
0.00
0.00
0.00
0.00
26.58
308.65

0.00
105.78
5.51
0.00
255.05
9.25
0.00
0.00
0.00
97.74
473.33

251.05
150.10
5.51
0.00
217.00
140.00
0.00
0.00
0.00
97.24
860.90

114.24
91.00
5.51
0.00
220.00
0.00
0.00
0.00
0.00
96.10
526.85

1.23
12.00
5.51
0.00
221.00
0.00
0.00
0.00
0.00
94.15
333.89

1950.35
1950.35
0.00
0.00
0.00
0.00
0.00
993.24
0.00

1988.78
1988.78
0.00
0.00
0.00
0.00
0.00
664.42
0.00

2195.65
2195.65
0.00
0.00
0.00
0.00
0.00
468.87
0.29

1800.00
1800.00
0.00
0.00
120.96
0.00
0.00
331.20
34.50

1800.00
1800.00
0.00
0.00
136.81
0.00
0.00
335.03
32.00

1800.00
1800.00
0.00
0.00
113.01
0.00
0.00
331.00
35.00

4.07
0.00
0.00
0.00
337.63
3285.29
3573.49
6185.97

0.00
0.00
0.00
0.00
189.09
2842.29
3150.94
5923.38

10.12
0.00
0.00
0.00
105.18
2780.11
3253.44
6046.41

30.11
0.00
0.00
0.00
108.34
2425.10
3286.00
6137.12

34.23
0.00
0.00
0.00
111.59
2449.66
2976.51
5897.13

51.93
0.00
0.00
0.00
113.82
2444.76
2778.65
5804.70

v
Particulars

ABS
31.03.2014

ABS
31.03.2015

PBS
31.03.2016

ESTIMATE PROJECTIONS PROJECTIONS

31.03.2017
31.03.2018
31.03.2019

ASSETS
FIXED ASSETS
1.Gross Block
Less: Depreciation
Net Block
2. Capital Work In Progress
3. Adv.for Capital Goods
Sub-Total
Non-Current Assets
4. Investment in Associates Companies
5. Investment/ Deposit
6. Deferred Receivables
7. Goodwill/Misc.Exp/ Other non current ast.
8. Profit & Loss (loss)
9. Other Non-Current Assets
a.
Sub-Total
CURRENT ASSETS
10. Inventory
a. Raw Materials-Imported
- Indigenous
b. Work in Process - Goods in Transit
c. Finished Goods
d. Stores & Spares-Impored
-Indigenous
Sub-total
11. Sundry Debtors-Others
-More than six months
Total Receivables
12. Loans and Advances
Associate Companies
Others/Investments
13. Advances to supliers
14. Other Advances & Recoverable
15. Deposits
16. Cash and Bank Balances
Sub Total
17. Other Current Assets
a. Custom Duty Refundable
b. Prepaid Expenses
c.Int accrued but not due
d. Vat receivable
Total Current Assets
TOTAL ASSETS
Inventory & Debtors
CA other than Inv.+ Debtors

3357.08
919.41
2437.67

3632.83
1080.40
2552.43

3557.51
1264.04
2293.47

4585.83
1449.52
3136.31

4546.81
1636.85
2909.96

4659.40
1826.05
2833.35

2437.67

2552.43

2293.47

3136.31

2909.96

2833.35

0.00
844.78
0.00
0.00

40.00
899.59
0.00
0.00

40.00
903.78
0.00
0.00

40.00
9.78
0.00
0.00

40.00
9.78
0.00
0.00

40.00
9.78
0.00
0.00

0.00

0.00

0.00

0.00

0.00

0.00

844.78

939.59

943.78

49.78

49.78

49.78

1579.35

1313.69

1125.13

1236.41

1237.50

1226.03

295.21

237.78

178.04

232.10

242.50

231.50

1093.76

781.31

621.96

684.16

692.50

685.00

190.38
1579.35
1241.22

294.60
1313.69
1031.91

325.13
1125.13
1605.67

320.15
1236.41
1637.78

302.50
1237.50
1645.97

309.53
1226.03
1655.00

1241.22

1031.91

1605.67

1637.78

1645.97

1655.00

0.00
0.00
0.00
46.76
0.00
31.05
77.81
0.00
0.00
0.00
5.14
0.00
2903.52
6185.97
0.00
2820.57
82.95

0.00
0.00
0.00
46.69
0.00
38.16
84.85
0.00
0.00
0.00
0.91
0.00
2431.36
5923.38
0.00
2345.60
85.76

0.00
0.00
0.00
39.87
0.00
19.14
59.01
19.35
0.00
0.00
0.00
0.00
2809.16
6046.41
0.00
2730.80
78.36

0.00
0.00
0.00
26.24
0.00
50.60
76.84
0.00
0.00
0.00
0.00
0.00
2951.03
6137.12
0.00
2874.19
76.84

0.00
0.00
0.00
15.00
0.00
43.01
53.92
0.00
0.00
0.00
0.00
0.00
2937.39
5897.13
0.00
2883.47
53.92

0.00
0.00
0.00
25.00
0.00
15.54
40.54
0.00
0.00
0.00
0.00
0.00
2921.57
5804.70
0.00
2881.03
40.54

v
Particulars

ABS
ABS
Estimated
31.03.2014 31.03.2015 31.03.2016

ESTIMATE PROJECTIONS PROJECTIONS

31.03.2017
31.03.2018
31.03.2019

SELECT FINANCIAL INDICATORS

Capital
Reserves and Surplus
Accumulated Losses
Tangible Net Worth
Net Working Capital
Current Ratio
Gross Income
Net Income
Operating Profit
Net Profit Before Tax
Net Profit After Tax
Depreciation
Operating Profit: Net Sales
NPBT: Net Sales
Bank Borrowings: Net Sales
TOL:TNW
TOL:TNW (*)
Debt:Equity
Debt:Equity*
Net Profit:Income (%)
(* If unsecured loan is treated as QE)

127.82
2404.32
0.00
2532.14
-381.77
0.88
34729.77
30913.64
122.05
122.05
80.34
202.41
0.39
0.39
6.31
1.41
1.41
2.25
2.25
0.23

132.82
2579.67
0.00
2712.49
-410.93
0.86
29735.52
26472.18
70.23
70.23
59.95
160.99
0.27
0.27
7.51
1.16
1.16
2.32
2.32
0.20

132.82
2639.62
0.00
2772.44
29.05
1.01
20740.10
18436.92
30.65
30.65
20.53
183.64
0.17
0.17
11.91
1.17
1.17
3.56
3.56
0.10

132.82
2660.15
0.00
2792.97
525.93
1.22
21485.61
19099.10
88.26
88.26
58.15
185.48
0.46
0.46
9.42
1.18
1.18
6.48
6.48
0.27

132.82
2718.30
0.00
2851.12
487.74
1.20
22342.75
19860.78
103.74
103.74
69.51
187.33
0.52
0.52
9.06
1.04
1.04
3.97
3.97
0.31

132.82
2787.81
0.00
2920.63
476.81
1.20
23213.93
20655.05
157.36
157.36
105.43
189.20
0.76
0.76
8.71
0.95
0.95
2.51
2.51
0.45

Maximum Permissible Bank Finance

Particulars
Particulars
1. Gross Sales
2. Net Sales
3. Of the above Export Sales
4. Raw Materials Consumed-Imported
-Indigenous
5. Stores and Spares
6. Cost of Production
7. Cost of Sales
8. Net Working Capital
Current Assets
1. Raw Materials-Imported
- Indigenous
2. Work in Process
3. Finished Goods
4. Stores and Spares
Sub-total
5. Sundry Debtors-Local
-Exports
6. Other Current Assets
8. Total Current Assets
9. Sundry Creditors
10. Other Current Liabilities
11. Total Current Liablities
12. Working Capital Gap
13. 25% of CA
14. Actual/Projected NWC
15. M P B F
16. Actual/Projected Bank Borrowings
17. Excess Borrowings

FUNDS FLOW STATEMENT

LTS
LTU
Surplus/Deficit*#
Short Term Sources
Short Term uses
Surplus/Deficit#
NWC

ABS
31.03.2014

ABS
31.03.2015

PBS
31.03.2016

ESTIMATE PROJECTIONS PROJECTIONS

31.03.2017
31.03.2018
31.03.2019

34729.77
30913.64
0.00
0.00
0.00
0.00
30107.14
30009.81
-381.77

29735.52
26472.18
0.00
0.00
0.00
0.00
25514.62
25827.07
-410.93

20740.10
18436.92
0.00
0.00
0.00
0.00
17710.71
17870.06
29.05

21485.61
19099.10
0.00
0.00
0.00
0.00
18539.90
18477.70
525.93

22342.75
19860.78
0.00
0.00
0.00
0.00
19219.57
19211.23
487.74

23213.93
20655.05
0.00
0.00
0.00
0.00
19956.55
19964.05
476.81

0.00
295.21
190.38
1093.76
190.38
1769.73
1241.22
0.00
77.81
2903.52
993.24
341.70
1334.94
1568.58
725.88
-381.77
1950.35
1950.35
0.00

0.00
237.78
294.60
781.31
294.60
1608.29
1031.91
0.00
84.85
2431.36
664.42
189.09
853.51
1577.85
607.84
-410.93
1988.78
1988.78
0.00

0.00
178.04
325.13
621.96
325.13
1450.26
1605.67
0.00
78.36
2809.16
469.16
115.30
584.46
2224.70
702.29
29.05
2195.65
2195.65
0.00

0.00
232.10
320.15
684.16
320.15
1556.56
1637.78
0.00
76.84
2951.03
365.70
259.41
625.10
2325.93
737.76
525.93
1800.00
1800.00
0.00

0.00
242.50
302.50
692.50
302.50
1540.00
1645.97
0.00
58.01
2937.39
367.03
282.63
649.66
2287.74
734.35
487.74
1800.00
1800.00
0.00

0.00
231.50
309.53
685.00
309.53
1535.56
1655.00
0.00
40.54
2921.57
366.00
278.76
644.76
2276.81
730.39
476.81
1800.00
1800.00
0.00

ABS
31.03.2014

ABS
31.03.2015

PBS
31.03.2016

ESTIMATE PROJECTIONS PROJECTIONS

31.03.2017
31.03.2018
31.03.2019

2900.68
3282.45
-381.77

3081.09
3492.02
-410.93

3266.30
3237.25
29.05

3712.02
3186.09
525.93

3447.48
2959.74
487.74

3359.95
2883.13
476.81

3285.29
2903.52
381.77
-381.77

2842.29
2431.36
410.93
-410.93

2780.11
2809.16
-29.05
29.05

2425.10
2951.03
-525.93
525.93

2449.66
2937.39
-487.74
487.74

2444.76
2921.57
-476.81
476.81

v
Financial Parameters
CA
CL
Capital
Reserve & Surplus
Accumulated Losses
NPAT / Net Loss
TNW
USL
TOL
Debtors
Creditors
Sales
Other Income
Total Income
Depreciation for the year
Purchase
NWC
CR
DTR
Debtors : Sales (Days)
CTR
Creditors : Purchase ( Days )
Debt
Debt (Cons. USL as QE)
Equity (Cons.USL as QE)
Debt : Equity
Debt : Equity ( Cons. USL as QE)
TNW ( Cons.USL AS QE)
TOL ( Cons. USL as QE)
TOL : TNW
TOL : TNW ( Cons. USL as QE)
Net Profit : Sales ( in %)
Net Block
Receivables
Inventory / Stock

31.03.2011
2903.52
3285.29
127.82
2404.32
0.00
80.34
2612.48
0.00
3573.49
1241.22
993.24
34716.47
13.30
34729.77
202.41
0.00
-381.77
0.88
27.97
13
0.00
#DIV/0!
288.20
288.20
2612.48
0.11
0.11
2612.48
3573.49
1.37
1.37
0.23
2437.67
1241.22
1579.35

31.03.2015
2431.36
2842.29
132.82
2579.67
0.00
59.95
2772.44
0.00
3150.94
1031.91
664.42
29656.19
79.33
29735.52
160.99
0.00
-410.93
0.86
28.74
13
0.00
#DIV/0!
308.65
308.65
2772.44
0.11
0.11
2772.44
3150.94
1.14
1.14
0.20
2552.43
1031.91
1313.69

31.03.2016
2809.16
2780.11
132.82
2639.62
0.00
20.53
2792.97
0.00
3253.44
1605.67
469.16
20733.99
6.11
20740.10
183.64
0.00
29.05
1.01
12.91
28
0.00
#DIV/0!
473.33
473.33
2792.97
0.17
0.17
2792.97
3253.44
1.16
1.16
0.10
2293.47
1605.67
1125.13

MPBF CALCULATION AS PER Iind METHOD OF LENDING FOR

v
PARAMETERS
Gross Sales
Net Sales
Raw Material Consumed
Imported
Indigenous
Stores and Spares
Cost of sales
NWC
CURRENT ASSETS
Raw Material
Imported
Indigenous
Stores and Spares
WIP
FG
Receivables
Other Current Assets
TOTAL CURRENT ASSETS
CURRENT LIABILITIES
Sundry Creditors
Current Liab. Other than Bank
Borrowings
WC Gap
25% CA
Act./Proj.NWC
MPBF
Bank Borrowings
Excess Finance

###31/03/2013 31/03/2014
###
###
###
###
###
###
###
###

20740.10
20740.10
0.00
0.00
0.00
0.00
17870.06
29.05

21485.61
21485.61
0.00
0.00
0.00
0.00
18477.70
525.93

###
###
###
###
###
###
###
###
###
###

0.00
178.04
325.13
0.00
621.96
1605.67
78.36
2809.16
2780.11
469.16

0.00
232.10
320.15
0.00
684.16
1637.78
76.84
2951.03
2425.10
365.70

###
###
###
###
###
###
###

584.46
2224.70
702.29
29.05
1522.41
2195.65
-673.24

625.10
2325.93
737.76
525.93
1588.17
1800.00
-211.83

MPBF AS PER TURNOVER METHOD

Actual Sales for year 2009-10

Est. Sales for year 2010-11

Accepted Sales for year 2010-11
25% of Sales as required
Borrowing
5% Margin money
Available/Est. NWC

MPBF

Corporate Loan payments :

Year
Principal Interest
Total
1/1/2017
2798527 1250000 4048527
4/1/2017
2885980 1162546 4048526
7/1/2017
2976167 1072359 4048526
10/1/2017
3069173
979353 4048526
1/1/2018
3165084
883442 4048526
4/1/2018
3263993
784533 4048526
7/1/2018
3365993
682533 4048526
10/1/2018
3471180
577346 4048526
1/1/2019
3579655
468871 4048526
4/1/2019
3691519
357007 4048526
7/1/2019
3806879
241647 4048526
10/1/2019
3803161
122682 3925843
39877311 8582319 48459630

180000000
21600000

1250000

4097700

2513283

721336
48459630

22850000
25697700
24113283

40,000,000
Cumulative
37201473
34315493
31339326
28270153
25105069
21841076
18475083
15003903
11424248
7732729
3925850
122689

228.5
256.977
241.13283

12.00%
Int
40,000,000
37,151,473
34,217,491
31,195,490
28,082,829
24,876,787
21,574,565
18,173,276
14,669,948
11,061,521
7,344,840
3,516,660
-303,684

1200000
1114544.2
1026524.7
935864.7
842484.86
746303.62
647236.95
545198.28
440098.45
331845.62
220345.21
105499.79
-9110.5075

41,200,000 4048527
38,266,017 4048526
35,244,016 4048526
32,131,355 4048526
28,925,313 4048526
25,623,091 4048526
22,221,802 4048526
18,718,474 4048526
15,110,047 4048526
11,393,366 4048526
7,565,186 4048526
3,622,159 3925843
-312,794 48459630

37,151,473
34,217,491
31,195,490
28,082,829
24,876,787
21,574,565
18,173,276
14,669,948
11,061,521
7,344,840
3,516,660
-303,684
-48,772,424

12