PROJECT REPORT

OF
HOTEL VIDHANI
BUSSINESS ADDRESS
TTC NAVI MUMBAI
HOTEL & BUSINESS CENTER
AREA : 4881 SQ MTRS
PROPRIETOR
JAYESH R. VIDHANI
SCHEME AT:
MAHARASHTRA INDUSTRIAL DEVELOPMENT CORPORATION
( MIDC )
TTC NAVI MUMBAI
INTRODUCTION : -
a) Name of the Unit HOTEL VIDHANI INN
b) Constitution PROPOSED PVT. LTD.
c) Name of the Applicant JAYESH R. VIDHANI
(CHIEF PROMOTOR)
d) Communication Address PLOT NO. D - 2/233
TTC MIDC AREA, THANE BELAPUR ROAD,
NAVI MUMBAI
e) Address of location of unit PLOT NO. D - 2/233
TTC MIDC AREA, THANE BELAPUR ROAD,
NAVI MUMBAI
f) Qualification B. COM
g) Age 43 YEARS
h) Experience KNOWS THE LINE
i) Capacity 125 ROOMS
j) Power requirements 990 KV
k) Man Power requirements 105
L) COST OF PROJECT 4010.00 ( IN LAKHS )
M) ACTIVITY TO BE STARTED TO SETUP HOTEL & BUSINESS CENTER
N) REMARKS GOOD SCOPE IN ABOVE LINE OF BUSINESS
O) SPECIAL FACTORS THIS LOCATION IS SELECTED AS IT IS
SURROUNDED BY FASTEST DEVLOPING
AREA IN NAVI MUMBAI. THERE WILL BE
GOOD SCOPE TO GENERATE EMPLOYEMENT
FOR MORE THAN 100 SKILLED AND UNSKILLED
STAFF AND WILL ATTRACT TOURIST TO THE
HOTEL. IT WILL BECOME LANDMARK IN
NAVI MUMBAI,
7
DIRECT WAGES AND LABOUR CHARGES
PARTICULARS NOS. SALARY TOTAL SALARY
MANAGERIAL & SUPERVISORY 25 18000 450000
STAFF
SKILLED WORKERS 40 12000 480000
UNSKILLED WORKERS 35 8000 280000
WATCHMEN 5 6000 30000
TOTAL 105 44000 1240000
ADD: 20% OTHER BENEFITS 248000
TOTAL 1488000
TOTAL YEARLY 17856000
SO WAGES FOR NEXT 5 YEARS WILL BE WITH 10% INCREASE IN EVERY YEAR
Rs.
I st year 17856000
II nd year 19641600
III rd year 21605760
IV th year 23766336
V th year 26142970
10
STATEMENT OF FIXED ASSETS & DEPRECIATION
( DEPRECIABLE ASSETS )
YEARS PARTICULARS BUILDING FURNITU MACHINERY TOTAL
RATE @ RE @ @
10% 10% 15%
1 COST OF ASSETS/PROPER 1344.30 525.70 800.00 2670.00
Less : Depreciation 134.43 52.57 120.00 307.00
CLOSING BALANCES 1209.87 473.13 680.00 2363.00
2 COST OF ASSETS/PROPER 1209.87 473.13 680.00 2363.00
Less : Depreciation 120.99 47.31 102.00 270.30
CLOSING BALANCES 1088.88 425.82 578.00 2092.70
3 COST OF ASSETS/PROPER 1088.88 425.82 578.00 2092.70
Less : Depreciation 108.89 42.58 86.70 238.17
CLOSING BALANCES 979.99 383.24 491.30 1854.53
4 COST OF ASSETS/PROPER 979.99 383.24 491.30 1854.53
Less : Depreciation 98.00 38.32 73.70 210.02
CLOSING BALANCES 882.00 344.91 417.61 1644.51
5 COST OF ASSETS/PROPER 882.00 344.91 417.61 1644.51
Less : Depreciation 88.20 34.49 62.64 185.33
CLOSING BALANCES 793.80 310.42 354.96 1459.18
6 COST OF ASSETS/PROPER 793.80 310.42 354.96 1459.18
Less : Depreciation 79.38 31.04 53.24 163.67
CLOSING BALANCES 714.42 279.38 301.72 1295.51
7 COST OF ASSETS/PROPER 714.42 279.38 301.72 1295.51
Less : Depreciation 71.44 27.94 45.26 144.64
CLOSING BALANCES 642.97 251.44 256.46 1150.88
OTHER PRODUCTION EXPENSES 8
REPAIRS & MAINTENANCE 100000
INSURANCE 1000000
CONSUMABLE & OTHER EXP. 100000
TOTAL 1200000
SO NEXT 5 YEARS THE OTHER PRODUCTION EXPENSES WILL BE AS BELOW WITH 10% INCREASE
IN EVERY YEAR
Rs.
I st year 1200000
II nd year 1320000
III rd year 1452000
IV th year 1597200
V th year 1756920
SELLING AND ADMINISTRATIVE EXPENSES
A) SALARIES TO ADMINISTRATIVE STAFF
PARTICULARS NOS. SALARY TOTAL SALARY
PER MONTH PER YEAR
ACCOUNTANT 1 20000 240000
CLERK 2 8000 192000
PEON 2 5000 120000
TOTAL 5 33000 552000
ADD: 20% OTHER BENEFITS 110400
TOTAL A) 662400
B) OTHER EXPENSES
RENT 500000
LEGAL & PROFESSIONAL CHARGES 200000
commercial & STATIONERY 30000
TRAVELLING & CONVEYANCE 50000
MISCELLANEOUS EXPENSES 36000
BANK COMMISSION & OTHER CHARGES 50000
TOTAL B 366000
TOTAL ( A + B ) 1028400
SO THE ADMINISTRATIVE EXPENSES FOR THE NEXT 5 YEARS WILL BE AS BELOW 10% INCREASE
IN EVERY YEAR Rs.
I st year 1028400
II nd year 1131240
III rd year 1244364
IV th year 1368800
V th year 1505680
1
SCHEDULE NO. 1
FINANCIAL VIABILITY
PARTICULARS TOTAL
COST OF PROJECT IN LAKHS
LAND 2600 M2 @ 40000 1040.00
BUILDING 4481 M2 @ 30000 1344.30
EQUIPMENTS 800.00
FURNITURE 525.70
WORKING CAPITAL 300.00
TOTAL 4010.00
MEANS OF FINANCE
DIRECTORS CAPITAL 25% 1002.50
TERM LOAN FROM BANK 75% 3007.50
TOTAL 100% 4010.00
2
PROFITABILITY STATEMENT
SCHEDULE NO. 2
PRATICULARS I YEAR II YEAR III YEAR IV YEAR V YEAR
A) SALES REVENUE 29260 37083.20 48595.78 63308.27 82056.93
SALES
TOTAL A 29260 37083.20 48595.78 63308.27 82056.93
B) COST OF PRODUCTION
COST OF RAW MATERIAL 22000.00 29040.00 38066.60 49603.71 64307.66
LABOUR 178.56 196.42 216.06 237.66 261.43
POWER AND FUEL 178.56 196.42 216.06 237.66 261.43
OTHER PRODUCTION EXPENSES 12.00 13.20 14.52 15.97 17.57
SELLING & ADMIN. EXPENSES 10.28 11.31 12.44 13.69 15.06
INT. ON TERM LOAN 451.13 360.90 270.68 180.45 90.23
INT. ON UNSECURED LOAN 0.00 0.00 0.00 0.00 0.00
INT. ON WORKIG CAPITAL 45.00 0.90 1.05 1.20 1.35
DEPRECIATION 307.00 270.30 238.17 210.02 185.33
23182.53 30089.44 39035.57 50500.36 65140.06
ADD. OPENING STOCK 0.00 1540.00 2032.80 2664.66 3472.26
23182.53 31629.44 41068.37 53165.02 68612.32
LESS. CLOSING STOCK 1540.00 2032.80 2664.66 3472.26 4501.54
TOTAL B 21642.53 29596.64 38403.71 49692.77 64110.78
C) NET PROFIT 7617.47 7486.56 10192.07 13615.50 17946.15
D) TAXATION 1904.37 1871.64 2548.02 3403.88 4486.54
E) PROFIT AFTER TAX 5713.10 5614.92 7644.05 10211.63 13459.62
ADD. DEPRECIATION 307.00 270.30 238.17 210.02 185.33
6020.10 5885.22 7882.22 10421.65 13644.95
LESS. REPAYMENT OF TERM LOAN 1052.63 962.40 872.18 781.95 691.73
SURPLUS AVAILABLE 4967.48 4922.82 7010.04 9639.70 12953.22
3
DEBTS SERVICE COVERAGE RATIO
SCHEDULE NO. 3
PARTICULARS I YEAR II YEAR III YEAR IV YEAR V YEAR
A) NET PROFIT 5713.10 5614.92 7644.05 10211.63 13459.62
DEPRECIATION 307.00 270.30 238.17 210.02 185.33
INTEREST ON TERM LOAN 451.13 360.90 270.68 180.45 90.23
TOTAL A 6471.23 6246.12 8152.89 10602.10 13735.17
B) INTEREST ON TERM LOAN 451.13 360.90 270.68 180.45 90.23

REPAYMENT OF TERM LOAN 1052.63 962.40 872.18 781.95 691.73
TOTAL B 1503.75 1323.30 1142.85 962.40 781.95
DSCR ( A/B ) 4.30 4.72 7.13 11.02 17.57
AVERAGE OF DSCR 31
SCHEDULE NO. 4 4
CASH FLOW STATEMENT
PARTICULARS I YEAR II YEAR III YEAR IV YEAR V YEAR
A) SOURCE OF FUNDS:
1)NET PROFIT BEFORE TAXES WITH INTEREST 6871.85 6794.46 9558.06 13043.57 17439.76
ADDED BACK BUT AFTER DEPT.&INVEST ALLOW
2) PROMOTERS & FRIENDS CAPITAL INVEST. 0 0 0 0 0
3) DEPRECIATION 307.00 270.30 238.17 210.02 185.33
4) INVESTMENT ALLOWENCES 0 0 0 0 0
5) INCREASED IN LONG TERM LOAN 0 0 0 0 0
6) INCREASE IN DEFERRED PAYMENT FACILITIES 0 0 0 0 0
7)INCREASE IN UNSECURED LOANS & DEPOSITS 0 0 0 0 0
8) INCREASE IN BANK BORROWING FOR
WORKING CAPITAL 300 345 396.75 456.26 524.70
9) SALE OF FIXED ASSETS 0 0 0 0 0
10) OCTROI REFUND, SALES TAX REFUND 0 0 0 0 0
INCENTIVES
11) OTHERS 0 0 0 0 0
TOTAL A 7478.85 7409.76 10192.98 13709.85 18149.79
PARTICULARS I YEAR II YEAR III YEAR IV YEAR V YEAR
B) UTILISATION OF FUNDS
1) INCREASE IN FUNDS 0 0 0 0 0
2) INCREASE IN CAPITAL EXPENSES 0 0 0 0 0
3) INCREASE IN CURRENT ASSETS 5 10 15 20 25
INVENTORIES & DEBTORS, ETC,
4) DECREASE IN LONG TERM LOAN 0.00 0.00 0.00 0.00 0.00
5) DECREASE IN UNSECURED LOAN &
DEPOSITS 0 0 0 0 0
6) WITHDRAWALS BY THE PROPRIETOR 100.25 115.29 132.58 152.47 175.34
7) INCREASE IN INVESTMENT
8) INTEREST 496.13 361.80 271.73 181.65 91.58
9) TAXATION 1904.37 1871.64 2548.02 3403.88 4486.54
10) BORROWING
11) OTHERS EXPENSES
TOTAL B 2505.74 2358.73 2967.32 3757.99 4778.45
C) OPENING BALANCE 0.00 1540.00 2032.80 2664.66 3472.26
D) NET SURPLUS ( A-B ) 4973.10 5051.03 7225.66 9951.86 13371.34
E) CLOSING BALANCE 4973.10 6591.03 9258.46 12616.52 16843.60
SCHEDULE NO. 5 5
PROJECTED BALANCE SHEET
PARTICULARS I YEAR II YEAR III YEAR IV YEAR V YEAR
LIABILITIES
OWN CAPITAL 1002.50 1152.88 1325.81 1524.68 1753.38
TERM LOAN FROM BANK 1052.63 962.40 872.18 781.95 691.73
CASH CREDIT FROM BANK 0.00 0.00 0.00 0.00 0.00
PROFIT & LOSS 0.00 0.00 0.00 0.00 0.00
PAYABLE 22000.00 29040.00 38066.60 49603.71 64307.66
TOTAL 24055.13 31155.28 40264.58 51910.34 66752.77
ASSETS
FIXED ASSETS
NET BLOCK OF ASSETS 2363.00 2092.70 1854.53 1644.51 1459.18
CURRENT ASSETS
RECEIVABLES 12319.02 17535.51 24219.80 32781.61 43734.07
STOCK 2200.00 2904.00 3806.66 4960.37 6430.77
INVESTMENT & ADVANCES 2200.00 2904.00 3806.66 4960.37 6430.77
CASH & BANK BALANCES 4973.10 5719.07 6576.93 7563.47 8697.99
TOTAL 24055.13 31155.28 40264.58 51910.34 66752.77
0.00 0.00 0.00 0.00 0.00
DETAILED PROJECT REPORT
1. INTRODUCTION
Aurangabad and surrounding is developing very fast due to fast industrialisation in this area viz.,
Aurangabad estate, waluj, chikalthana & shendra. The said industrial area is already established
with many multinational like SCODA and automobile press like BAJAJ AUTO and Auto ancillaries
unit like VERROC, ENDURANCE etc. beside there is also many pharma companies and Breveries
companies surrrounded in all this industrial area , hence opening a unit in this area is very much
benificery due to good infrastructure for growing new press in this area.
2. PROMOTERS PROFILE
NAME OF APPLICANT AMIT MANGESH KULKARNI
ADDRESS AURANGABAD
PROPOSED LOCATION MIDC SHENDRA
EDUCATION GRADUATE
EXPERIENCE KNOWS THE LINE
PROPOSED ACTIVITY commercial PRODUCTS
DETAILED PROJECT REPORT ( DPR)
1. INTRODUCTION
Aurangabad and surrounding is devloping very fast Industrialisation in this
area viz. , Aurangabad estate, Waluj, Chikalthana & shendra. The said
industrial area is already established with many multinational like SCODA
and automobile press lie BAJAJ AUTO and Auto ancillaries unit VERROC,
ENDURANCE etc, beside there is also many Pharma companies and Breveries
companies surrounded in all this industrial area, hence opening a unit in this
area is very much benificary due to good infrastructure for growing new
industries in this area.
2.PROMOTERS PROFILE
NAME OF DIRECTORS 1. VINOD PREMCHAND SURANA
2. SANTOSH SHANTILAL MUTHIYAN
ADDRESS PREMCHAND REALTORS PVT. LTD.
D-5, MIDC CHIKALTHANA,
AURANGABAD
PROPOSED LOCATION MIDC CHIKALTHANA
EDUCATION KNOWS THE LINE
EXPERIENCE KNOWS THE LINE
PROPOSED ACTIVITY COMMERCIAL - SERVICE
APARTMENTS, OFFICES
3. CONSTITUTION OF THE COMPANY
PRIVATE LIMITED
4. REGISTRATION DETAILS
5. UNIT REGISTRATION DETAILS
The unit is registered in PART - I EM with
registration number as follows
6. EXISTING BUSINESS OF THE PROMOTERS AND DETAILS THEREOF
The proprietor is an men enterpreneurs and belonging to an business family having business in
commercial appt. , many of the persons required various plots/ appt. which is
used on the business offices etc As the promoter is itself in the commercial appt. building
manufacturing business from last 5-10 yrs in manufacturing in commercial etc. so he need land to
start the commercial buildings
7. LOCATION AND ITS SELECTION
Location of the unit is at MIDC CHIKALTHANA, Tq. Dist. Aurangabad the said location has been selected
as is ts surrounded by fastest developing area in construction , press viz. five star Shendra
Industrial Area , Chikalthana Industrial Area etc. and in construction shopping center, appartments,
corporate office in short it in the new aurangabad zone. As all this construction sites are nearer to
the project so requirment of the product will be heavy and scope for business will very high.
8. MARKETS AND ITS ANALYSIS
Our said commercial appt will be required in business site where there is huge requirement of the
commercial appt which are hughy required by companies . Due to this various merits of the
commercial appt there is huge demand and at present there are very few manufacturer of this
commercial appt in this area.
9. IMPLEMENTION SCHEDULE WITH TIME CHART
As the proposal is a transfer case where already a prepared shed will be purchased.
9
INTEREST CHARGES & REPAYMENT OF LOAN
It's proposed to raise a sum of Rs. 903.44/- (IN LKHS) meet requirement Term Loan from Bank.
It is proposed to pay interest on Term Loan @ 15% p.a. and on Cash Credit Loan @ 15%p.a.
First year requested for a moratorium period, next six years shall be pay back period in qurterly interest
& principal also. The below mentioned table gives abstract of data of interest and installments payable
& expected outstanding balances at the end of each year, amount will be repaid within installmnts
five yearly equal and last installments are recovered out of fixed deposits with interest.
YEARS OPENING Interest Principal Total Closing Balances
Balances Amount Amount Repayment
I 3007.50 451.13 Moratorium 451.13 3007.50
II 3007.50 451.13 601.50 1052.63 2406.00
III 2406.00 360.90 601.50 962.40 1804.50
IV 1804.50 270.68 601.50 872.18 1203.00
V 1203.00 180.45 601.50 781.95 601.50
VI 601.50 90.23 601.50 691.73 0.00
INTEREST ON WORKING CAPITAL
YEARS LOAN AMOUNT INTEREST @
RS. IN LAKHS 15%
I 300 45
II 6 0.9
III 7 1.05
IV 8 1.2
V 9 1
0
1331
53240
0
0
0
0
0
16000
10000
2000
1670
3007.50
11736.10 13619.77 16044.78 ### 23018.70
Closing Balances
6
SALES REVENUE STATEMENT
PARTICULARS I II III IV V
Total no. of production 10000 11000 12100 13310 14641
Cost of production/day 400000 440000 484000 532400 585640
Gross turnover in yr 4000000000 4840000000 5856400000 7086244000 8574355240
Avg. rate of raw 85 85 85 85 85
material
SALES VALUE 5600000000 6776000000 8198960000 9920741600 12004097336
SALES VALUE IN LAKHS 56000 67760.00 81989.60 99207.42 120040.97
PARTICULARS I II III IV V
UILISATION CAPACITY 55% 60% 65% 70% 75%
PRODUCTION 3080000000 4065600000 5329324000 6944519120 9003073002
ADD: OPENING STOCK 0 154000000 203280000 266466200 347225956
3080000000 3911600000 5126044000 6678052920 8655847046
LESS CLOSING STOCK 154000000 203280000 266466200 347225956 450153650
TOTAL SALES VALUE 2926000000 3708320000 4859577800 6330826964 8205693396
TOTAL SALES VALUE 29260 37083.20 48595.78 63308.27 82056.93
IN LAKHS
COST OF RAW MATERIAL CONSUMED
PARTICULARS I YEAR II YEAR III YEAR IV YEAR V YEAR
CAPACITY
UTILISATION 55% 60% 65% 70% 75%
COST OF 2200000000 2904000000 3806660000 4960370800 6430766430
PRODUCTION
COST OF 22000 29040.00 38066.60 49603.71 64307.66
PRODUCTION IN LAKHS
5.5 24000
1570000
314000
1256000
0