Benito Water Experts LLP

M/S BENITO WATER EXPERTS LLP
ANNEXURE-I
PROJECT COST SUMMARY
COST OF PROJECT
Amount Amount
Particulars
(Rs. In Lacs) (Rs. In Lacs)
Land -
Building & Civil Work

Road & Site Development & other civil work -
with related to Plant - -
Infrastructure Development
Power -
Water - -
Plant & Machinery
Complete Water Plant with Bottling Plant 66.95
66.95
Preliminary Preoperative expences 1.55
Margin Money for Working Capital 2.50
Total Project Cost 71.00
MEANS OF FINANCE
Amount Amount
Particulars
(Rs. In Lacs) (Rs. In Lacs)
Partners' Capital 21.00
Term Loan from Bank 50.00
Total Sources Of Finance 71.00
Cash Credit Limit 10.00
44 PREPARED BY ASKCA ASSOCIATES

ANNEXURE-XIX
ASSUMPTIONS
EXTRACTION PLANT
Water Extract From Earth 54000
Proposed Installed Capacity (4000 Liter Per hour) of 32000

water plant
Water Plant
Proposed Capacity Utilization
Year 1 50%
Year 2 55%
Year 3 60%
Year 4 65%
Year 5 70%
Year 6 75%
Year 7 80%
Other Raw Material Requirement in Water Plant
RFC PLANT
Proposed Installed Capacity of Botling Machine(RFC) 19200

(in Bottles Per day)
Proposed Capacity Utilization Oil Mill Plant
Year 1 50%
Year 2 55%
Year 3 60%
Year 4 65%
Year 5 70%
Year 6 75%
Year 7 80%
Interest on Construction period and other preliminary expences is
assumed to be 75 lacs
Total No. of Working Days 300

Interest Rates:
Term Loan 12.50%
Working Capital Loan 12.00%
Inflation Rates:
Administration Expenses 5.00%
Salaries & Wages 5.00%
Repairs 5.00%
Selling Expenses 5.00%
Depreciation Rates WDV Method

Land 0.00%
Building 10.00%
Plant & Machinery 15.00%
Infrastructure Development 10.00%
Rates of Income Tax

Income Tax 30.90%
PROJECTED BALANCE SHEET
(Amount in Rs. Lacs)

Particulars Year 0 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24
LIABLITIES
- - - - - - -
Partners' Capital Account 21.00 27.54 39.63 57.06 79.61 107.09 139.51
Secured Loans
i) Cash Credit from Bank - 10.00 10.00 10.00 10.00 10.00 10.00
ii) Term Loan From Bank 50.00 44.44 36.11 27.78 19.44 11.11 2.78
Sundry Creditors - 1.52 1.65 1.80 1.94 2.09 2.23
Other Current Liabilities - 0.89 0.94 0.99 1.04 1.09 1.15
TOTAL 71.00 84.39 88.33 97.62 112.04 131.38 155.67
ASSETS
Gross Block 66.95 66.95 66.95 66.95 66.95 66.95 66.95

Less: Depreciation - 10.04 18.58 25.83 32.00 37.24 41.70
Net Block 66.95 56.91 48.37 41.12 34.95 29.71 25.25
Capital Work in Progress - 2.00 12.00 26.50 45.50 68.00 94.50
Investments -
Current Assets
Inventory - 3.44 3.78 4.12 4.45 4.79 5.12
Sundry Debtors - 16.81 18.77 20.48 22.19 23.90 25.61
Cash & Bank Balance 2.50 4.00 4.47 4.78 4.63 4.99 5.18
Other current assets
Deposits - - - - -
Non Current Assets
Preliminary Expences 1.55 1.24 0.93 0.62 0.31 - -
TOTAL 71.00 84.39 88.33 97.62 112.04 131.38 155.67

- - - - - - -
CURRENT RATIO ANALYSIS
Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24
Current Assets
Inventory 3.44 3.78 4.12 4.45 4.79 5.12
Sundry Debtors 16.81 18.77 20.48 22.19 23.90 25.61
Cash & Bank Balance 4.00 4.47 4.78 4.63 4.99 5.18
Other Current Assets - - - - - -
Deposits - - - - - -
Total Current Assets 24.24 27.03 29.38 31.28 33.67 35.92
Current Liabilities
Sundry Creditors 1.52 1.65 1.80 1.94 2.09 2.23
Expenses Payable 0.89 0.94 0.99 1.04 1.09 1.15
Working Capital Loan 10.00 10.00 10.00 10.00 10.00 10.00
Total Current Liabilities 12.41 12.59 12.79 12.98 13.18 13.38
Net Working Capital 11.83 14.44 16.60 18.30 20.49 22.54
Current Ratio 1.95 2.15 2.30 2.41 2.55 2.68
ANNEXURE-II
PROJECTED BALANCE SHEET

2024-25
176.33
10.00
0.00
2.37
1.21
189.92
66.95
45.49
21.46
129.50
5.46
27.32
6.18
189.92
-
CURRENT RATIO ANALYSIS
2024-25
5.46
27.32
6.18
-
-
38.96
2.37
1.21
10.00
13.59
25.37
2.87
ANNEXURE-III
PROFITABILITY STATEMENT

Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
INCOME
Sales 168.08 187.74 204.83 221.92 239.01 256.11 273.20
Total (A) 168.08 187.74 204.83 221.92 239.01 256.11 273.20
EXPENDITURE
Opening Stock of Raw Material - 0.60 0.65 0.70 0.75 0.80 0.85
Add: Purchase of Raw Material 91.13 99.23 107.88 116.54 125.19 133.84 142.49
Less: Closing Stock of Raw Material 0.60 0.65 0.70 0.75 0.80 0.85 0.90
Raw Material Consumed (B) 90.53 99.18 107.83 116.49 125.14 133.79 142.44
Power 4.70 5.17 5.64 6.12 6.59 7.06 7.53

Direct Labour & Wages 28.08 29.48 30.96 32.51 34.13 35.84 37.63
Repairs & Maintenance 0.67 0.70 0.74 0.78 0.81 0.85 0.90
Depreciation as per WDV Method 10.04 8.54 7.26 6.17 5.24 4.46 3.79
Direct Cost (C) 134.02 143.08 152.43 162.05 171.91 182.00 192.29
Administration & Selling Expenses

Salaries to Staf 5.76 6.05 6.35 6.67 7.00 7.35 7.72
Administration Overheads 14.12 14.82 15.56 16.34 17.16 18.02 18.92
Preliminary expences w/of 0.31 0.31 0.31 0.31 0.31 - -
INTEREST
Interest on Term Loan 6.05 5.08 4.04 2.99 1.95 0.91 0.07
Interest on Working Capital Loan 1.20 1.20 1.20 1.20 1.20 1.20 1.20
7.25 6.28 5.24 4.19 3.15 2.11 1.27
Cost of Production (D) 161.46 170.54 179.89 189.56 199.53 209.48 220.19
Add: Opening Stock of Finished Goods - 2.84 3.13 3.42 3.70 3.99 4.27
Less: Closing Stock of Finished Goods 2.84 3.13 3.42 3.70 3.99 4.27 4.56
Cost of Sales (E) 158.62 170.24 179.61 189.28 199.25 209.19 219.91
Profit before Tax,interest & Remuneration 9.46 17.49 25.22 32.64 39.76 46.92 53.29
Income Tax 2.92 5.41 7.79 10.09 12.29 14.50 16.47
Profit After Tax 6.54 12.09 17.43 22.56 27.48 32.42 36.82
ANNEXURE-IV
CASH FLOW STATEMENT

Particulars Year 0 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Opening Balance - 2.50 4.00 4.47 4.78 4.63 4.99 5.18
SOURCES OF FUNDS
Profit after Tax - 6.54 12.09 17.43 22.56 27.48 32.42 36.82
- - - - - - - -
Increase in Partners' Capital 21.00 - - - - - - -
Increase in Term Loan 50.00 - - - - - - -
Increase in Borrowings for Working Capital - 10.00 - - - - - -
Decrease in Current Assets - - - - - - - -
Decrease in Investments - - - - - - - -
Increase in Current Liabilities - 2.41 0.18 0.19 0.20 0.20 0.20 0.20
Depreciation - 10.04 8.54 7.26 6.17 5.24 4.46 3.79
Preliminary expences 0.31 0.31 0.31 0.31 0.31
TOTAL (A) 71.00 29.30 21.12 25.19 29.23 33.23 37.08 40.82
APPLICATION OF FUNDS
Increase in Capital Expenditure 68.50 - - - - - - -
Decrease in Capital - - - - - - - -
Increase in Current Assets - 20.25 2.31 2.04 2.04 2.04 2.04 2.04
Decrease in Working Capital Loan - - - - - - - -
Capital Work In Progress - 2.00 10.00 14.50 19.00 22.50 26.50 35.00
Decrease in Current Liabilities - - - - - - - -
Term Loan Repayment - 5.56 8.33 8.33 8.33 8.33 8.33 2.78
TOTAL (B) 68.50 27.80 20.64 24.88 29.38 32.88 36.88 39.82
Closing Balance (A-B) 2.50 4.00 4.47 4.78 4.63 4.99 5.18 6.18
Annexure - V
Calculation of Grant
Particulars Cost Grant Amount

(in Rs. Lacs) % of Grant (Rs. In Lakhs)
Technical Civil Work 57.86 25% 14.47

Plant & Machinery (Eligible Portion) 66.95 25% 16.74
Total….. 31.20
Calculation of Venture Capital Assistance from SFAC
Particulars Amount Grant Amount
(in Rs. Lacs) % of Grant (Rs. In Lakhs)
Partner's Capital 21.00 26% 5.46

Total… 5.46
ANNEXURE-V
DEBT SERVICE COVERAGE RATIO

PARTICULARS 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Profit after Tax 6.54 12.09 17.43 22.56 27.48 32.42 53.29
Add: Depreciation 10.04 8.54 7.26 6.17 5.24 4.46 3.79

Net Cash Accruals (A) 22.63 25.70 28.72 31.72 34.67 37.79 57.15
Term loan Installment 5.56 8.33 8.33 8.33 8.33 8.33 2.78
Net Cash Paid (B) 11.60 13.41 12.37 11.33 10.29 9.24 2.85
Debt Service Coverage Ratio (A/B) 1.95 1.92 2.32 2.80 3.37 4.09 20.05
Average DSCR 5.21

Weighted Average DSCR 3.35
#REF!
BREAK EVEN ANALYSIS
% of Total
Particulars 2018-19 2019-20 2020-21 2021-22
Expenditure
Net Sales (A) 168.08 187.74 204.83 221.92
Variable Costs
Raw Materials 100% 90.53 99.18 107.83 116.49
Labour 75% 21.06 22.11 23.22 24.38
Power 75% 3.53 3.88 4.23 4.59
Repairs & Maintainance 75% 0.50 0.53 0.55 0.58
Salaries 75% 4.32 4.54 4.76 5.00
Office & Admn. Overheads 75% 10.59 11.12 11.67 12.26
Variation in Closing Stock (2.84) (0.29) (0.28) (0.29)
Total Variable Cost (B) 127.69 141.06 151.99 163.01

Contribution (C) (A-B) 40.39 46.68 52.84 58.92
P.V.R. (D) (C/A) 24% 25% 26% 27%
Fixed Costs
Labour 25% 7.02 7.37 7.74 8.13
Power 25% 1.18 1.29 1.41 1.53
Repairs & Maintainance 25% 0.17 0.18 0.18 0.19
Salaries 25% 1.44 1.51 1.59 1.67
Office & Admn. Overheads 25% 3.53 3.71 3.89 4.09
Depreciation 100% 10.04 8.54 7.26 6.17
Interest on Term Loan 100% 6.05 5.08 4.04 2.99
Total Fixed Cost 29.42 27.67 26.11 24.76
Total Cash Fixed Cost 19.38 19.14 18.85 18.60
Break Even Sales 122.43 111.30 101.20 93.28

Cash Break Even Sales 80.64 76.97 73.07 70.05
Cash Break Even As a percentage of sales 48% 41% 36% 32%
CASH Average BEP 35%

ANNEXURE-VI

2022-23 2023-24
239.01 256.11
125.14 133.79
25.60 26.88
4.94 5.29
0.61 0.64
5.25 5.51
12.87 13.51
(0.28) (0.28)
174.12 185.34
64.89 70.76
27% 28%
8.53 8.96
1.65 1.76
0.20 0.21
1.75 1.84
4.29 4.50
5.24 4.46
1.95 0.91
23.62 22.65
18.38 18.19
86.99 81.96
67.68 65.84
###
28% 26%
Annexure VII
INTERNAL RATE OF RETURN

Constn. Operating Years
Period 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Project Expenditure -68.50 IRR On the Basis of PAT
PAT+INT 13.78 18.37 22.67 26.75 30.63 34.53 38.10
Add : Depn.+ Prelim Expenses 10.35 8.85 7.57 6.48 5.55 4.46 3.79
24.14 27.21 30.23 33.23 36.18 38.99 41.88
Gross cash inflow 24.14 27.21 30.23 33.23 36.18 38.99 41.88
Add :Terminal Value of Project % 0.00 21.46
-68.50 24.14 27.21 30.23 33.23 36.18 38.99 63.35
IRR 40.13%
Capital Employed -21.00 IRR On the Basis of PAT
PAT 6.54 12.09 17.43 22.56 27.48 32.42 36.82
Add : Depn.+ Prelim Expenses 10.35 8.85 7.57 6.48 5.55 4.46 3.79
16.89 20.93 25.00 29.03 33.03 36.88 40.61
Gross cash inflow 16.89 20.93 25.00 29.03 33.03 36.88 40.61
Add : Inventory
Add :Terminal Value of Project % 0.00 21.46
-21.00 16.89 20.93 25.00 29.03 33.03 36.88 62.07
IRR 98.80%
44
ANNEXURE-VIII
WORKING CAPITAL REQUIREMENTS
Paticulars % of No.of
2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Sales Days
CURRENT ASSETS
Raw Material
SPARES & STORES 0.60 0.65 0.70 0.75 0.80 0.85 0.90
Total Stock of Raw Materials 0.60 0.65 0.70 0.75 0.80 0.85 0.90
Finished Goods
1 Liter Bottle 5 1.62 1.78 1.95 2.11 2.27 2.43 2.60
1/2 Liter Bottle 5 0.84 0.92 1.01 1.09 1.18 1.26 1.34
200 Ml Bottle 5 0.30 0.33 0.36 0.39 0.42 0.45 0.48
20 Liter Jar 5 0.08 0.10 0.10 0.11 0.12 0.13 0.14
Total Stock of Finished Goods 2.84 3.13 3.42 3.70 3.99 4.27 4.56
Sundry Debtors
Sundry Debtors 100% 30 16.81 18.77 20.48 22.19 23.90 25.61 27.32
Total Sundry Debtors 16.81 18.77 20.48 22.19 23.90 25.61 27.32
Gross Current Assets 20.25 22.56 24.60 26.65 28.69 30.73 32.78
CURRENT LIABILITIES
Sundry Creditors 100% 5 1.52 1.65 1.80 1.94 2.09 2.23 2.37
Creditors for Expenses 100% 5 0.89 0.94 0.99 1.04 1.09 1.15 1.21
Total Current Liabilities 2.41 2.59 2.79 2.98 3.18 3.38 3.59
Net Working Capital Required 17.84 19.97 21.82 23.66 25.51 27.35 29.19
Own Margin 7.84 9.97 11.82 13.66 15.51 17.35 19.19
Finance from Bank 10.00 10.00 10.00 10.00 10.00 10.00 10.00
ANNEXURE-IX
CALCULATION OF PRODUCTION
Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
WATER EXTRACTION PLANT

Installed Capacity (Liter Per Day) 32,000 32,000 32,000 32,000 32,000 32,000 32,000
No. of Working Days per annum 300 300 300 300 300 300 300
INPUT Installed Capacity p.a. 9,600,000.00 9,600,000.00 9,600,000.00 9,600,000.00 9,600,000.00 9,600,000.00 9,600,000.00
Water Plant
Capacity Utilization 50% 55% 60% 65% 70% 75% 80%
Input in Liters 4,800,000.00 5,280,000.00 5,760,000.00 6,240,000.00 6,720,000.00 7,200,000.00 7,680,000.00

`
Output
Alkline Water 60.00% 2,880,000.00 3,168,000.00 3,456,000.00 3,744,000.00 4,032,000.00 4,320,000.00 4,608,000.00
Waste 40.00% 1,920,000.00 2,112,000.00 2,304,000.00 2,496,000.00 2,688,000.00 2,880,000.00 3,072,000.00
RFC Plant
Installed Capacity (Bottles Per Day) 19,200 19,200 19,200 19,200 19,200 19,200 19,200
No. of Working Days per annum 300 300 300 300 300 300 300
Installed Capacity p.a. 5,760,000.00 5,760,000.00 5,760,000.00 5,760,000.00 5,760,000.00 5,760,000.00 5,760,000.00
Alkaline Water
Capacity Utilization 50% 55% 60% 65% 70% 75% 80%
Input In Liters 2,880,000.00 3,168,000.00 3,456,000.00 3,744,000.00 4,032,000.00 4,320,000.00 4,608,000.00
Output
Alkaline Water
1 Liter water Bottle 52.00% 1,497,600.00 1,647,360.00 1,797,120.00 1,946,880.00 2,096,640.00 2,246,400.00 2,396,160.00
1/2 Liter Water Bottle 25.00% 720,000.00 792,000.00 864,000.00 936,000.00 1,008,000.00 1,080,000.00 1,152,000.00
200Ml Water Bottle 5.00% 144,000.00 158,400.00 172,800.00 187,200.00 201,600.00 216,000.00 230,400.00
20 Liters Jars 18.00% 518,400.00 570,240.00 622,080.00 673,920.00 725,760.00 777,600.00 829,440.00
TOTAL RAW MATERIAL REQUIRMENT
Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Water (in Liters) 4,800,000.00 5,280,000.00 5,760,000.00 6,240,000.00 6,720,000.00 7,200,000.00 7,680,000.00
Rate (in Rs. Per MT) - - - - - - -
Total Water Cost - - - - - - -
Alkaline Cost
Consumed during the process 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00
Total Alkaline Cost 5.00 5.00 5.00 5.00 5.00 5.00 5.00
1 Liter Bottle Cost

Water in 1 Liter Bottle 1,497,600.00 1,647,360.00 1,797,120.00 1,946,880.00 2,096,640.00 2,246,400.00 2,396,160.00
Total Bottle required 1,497,600.00 1,647,360.00 1,797,120.00 1,946,880.00 2,096,640.00 2,246,400.00 2,396,160.00
Rate (in Rs. Per Bottle) 3.00 3.00 3.00 3.00 3.00 3.00 3.00
Total 1 Liter Bottle Cost 44.93 49.42 53.91 58.41 62.90 67.39 71.88
1/2 Liter Bottle Cost
Water in 1/2 Liter Bottle 720,000.00 792,000.00 864,000.00 936,000.00 1,008,000.00 1,080,000.00 1,152,000.00
Total Bottle required 1,440,000.00 1,584,000.00 1,728,000.00 1,872,000.00 2,016,000.00 2,160,000.00 2,304,000.00
Total 1/2 Liter bottle Cost 28.80 31.68 34.56 37.44 40.32 43.20 46.08
200Ml Bottle Cost
Water in 200 Ml Bottle 144,000.00 158,400.00 172,800.00 187,200.00 201,600.00 216,000.00 230,400.00
Total Bottle required 720,000.00 792,000.00 864,000.00 936,000.00 1,008,000.00 1,080,000.00 1,152,000.00
Total 200 Ml Bottle Cost 10.80 11.88 12.96 14.04 15.12 16.20 17.28
SPARES & STORES 1.00 1.00 1.00 1.00 1.00 1.00 1.00
Mothly requirement 100,000.00 120,000.00 140,000.00 160,000.00 180,000.00 200,000.00 220,000.00
Total Spares & Stores 1.00 1.20 1.40 1.60 1.80 2.00 2.20
Total Raw Material Cost 90.53 99.18 107.83 116.49 125.14 133.79 142.44
ANNEXURE-X
CALCULATION OF SALES QUANTITY
Particulars Days 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
Water Bottle (1 Liter)

Opening Stock - 24,960.00 27,456.00 29,952.00 32,448.00 34,944.00 37,440.00
Add: Production during the year 1,497,600.00 1,647,360.00 1,797,120.00 1,946,880.00 2,096,640.00 2,246,400.00 2,396,160.00
Less : Closing Stock 5 24,960.00 27,456.00 29,952.00 32,448.00 34,944.00 37,440.00 39,936.00
Sales Quantity (in Bottles) 1,472,640.00 1,644,864.00 1,794,624.00 1,944,384.00 2,094,144.00 2,243,904.00 2,393,664.00
1/2 Liter Water Bottle

Opening Stock - 24,000.00 26,400.00 28,800.00 31,200.00 33,600.00 36,000.00
Add : Production 1,440,000.00 1,584,000.00 1,728,000.00 1,872,000.00 2,016,000.00 2,160,000.00 2,304,000.00
200 Ml Water Bottle

Opening Stock - 12,000.00 13,200.00 14,400.00 15,600.00 16,800.00 18,000.00
Add : Production 720,000.00 792,000.00 864,000.00 936,000.00 1,008,000.00 1,080,000.00 1,152,000.00
Sales Quantity (in Bottles) 708,000.00 790,800.00 862,800.00 934,800.00 1,006,800.00 1,078,800.00 1,150,800.00
20 Liters Jars
Opening Stock - 432.00 475.00 518.00 562.00 605.00 648.00
Add : Production 25,920.00 28,512.00 31,104.00 33,696.00 36,288.00 38,880.00 41,472.00
Less : Closing Stock 5 432.00 475.00 518.00 562.00 605.00 648.00 691.00
Sales Quantity (in Jars) 25,488.00 28,469.00 31,061.00 33,652.00 36,245.00 38,837.00 41,429.00
SALES REALIZATION
Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

Water Bottle (1 Liter)
Net Selling Price Per Bottle (in Rs.) 6.50 6.50 6.50 6.50 6.50 6.50 6.50
Sales Realization (in Rs. Lacs) 95.72 106.92 116.65 126.38 136.12 145.85 155.59
1/2 Liter Water Bottle

200 Ml Water Bottle

Sales Quantity (in Bottles) 708,000.00 790,800.00 862,800.00 934,800.00 1,006,800.00 1,078,800.00 1,150,800.00
20 Liters Jars
Net Selling Price Per JAR (in Rs.) 20.00 20.00 20.00 20.00 20.00 20.00 20.00
Sales Quantity (in Jars) 25,488.00 28,469.00 31,061.00 33,652.00 36,245.00 38,837.00 41,429.00
Total Sales Realization 168.08 187.74 204.83 221.92 239.01 256.11 273.20
ANNEXURE-XI
REPAYMENT OF TERM LOAN
Amount of Loan 50.00

Rate of Interest 12.50%
Repayment Period (Excluding moratorium period) 72 Months
Principal Instalment per month after 2 year 0.69
Moratorium Period 12 Months
No.of Instalments in a year 12.00
(Amount In Rs. Lacs)
Year Principal Interest Amount
Months
Repaid paid Outstanding
Year 2018-19 1 - 0.52 50.00

2 - 0.52 50.00
3 - 0.52 50.00
4 - 0.52 50.00
5 - 0.52 50.00
6 - 0.52 50.00
7 - 0.52 50.00
8 - 0.52 50.00
Year 2018-19 9 - 0.52 50.00

10 - 0.52 50.00
11 - 0.52 50.00
12 - 0.52 50.00
1 0.69 0.52 49.31
2 0.69 0.51 48.61
3 0.69 0.51 47.92
4 0.69 0.50 47.22
5 0.69 0.49 46.53
6 0.69 0.48 45.83
7 0.69 0.48 45.14
8 0.69 0.47 44.44
Year 2019-20 9 0.69 0.46 43.75

10 0.69 0.46 43.06
11 0.69 0.45 42.36
12 0.69 0.44 41.67
13 0.69 0.43 40.97
14 0.69 0.43 40.28
15 0.69 0.42 39.58
16 0.69 0.41 38.89
17 0.69 0.41 38.19
18 0.69 0.40 37.50
19 0.69 0.39 36.81
20 0.69 0.38 36.11
Year 2020-21 21 0.69 0.38 35.42

22 0.69 0.37 34.72
23 0.69 0.36 34.03
24 0.69 0.35 33.33
25 0.69 0.35 32.64
26 0.69 0.34 31.94
27 0.69 0.33 31.25
28 0.69 0.33 30.56
29 0.69 0.32 29.86
30 0.69 0.31 29.17
31 0.69 0.30 28.47
32 0.69 0.30 27.78
Year 2021-22 33 0.69 0.29 27.08

34 0.69 0.28 26.39
35 0.69 0.27 25.69
36 0.69 0.27 25.00
37 0.69 0.26 24.31
38 0.69 0.25 23.61
39 0.69 0.25 22.92
40 0.69 0.24 22.22
41 0.69 0.23 21.53
42 0.69 0.22 20.83
43 0.69 0.22 20.14
44 0.69 0.21 19.44
Year 2022-23 45 0.69 0.20 18.75

46 0.69 0.20 18.06
47 0.69 0.19 17.36
48 0.69 0.18 16.67
49 0.69 0.17 15.97
50 0.69 0.17 15.28
51 0.69 0.16 14.58
52 0.69 0.15 13.89
53 0.69 0.14 13.19
54 0.69 0.14 12.50
55 0.69 0.13 11.81
56 0.69 0.12 11.11
Year 2023-24 57 0.69 0.12 10.42

58 0.69 0.11 9.72
59 0.69 0.10 9.03
60 0.69 0.09 8.33
61 0.69 0.09 7.64
62 0.69 0.08 6.94
63 0.69 0.07 6.25
64 0.69 0.07 5.56
65 0.69 0.06 4.86
66 0.69 0.05 4.17
67 0.69 0.04 3.47
68 0.69 0.04 2.78
Year 2024-25 69 0.69 0.03 2.08

70 0.69 0.02 1.39
71 0.69 0.01 0.69
72 0.69 0.01 0.00
Total 50.00 25.26 -
SUMMERY OF INTEREST & PRINCIPAL PAYMENT

(Rs. Lacs)
Particulars Principal Interest Capitalized Total
Year 0 - 4.17 - 4.17
Year 1 5.56 6.05 - 11.60
Year 2 8.33 5.08 - 13.41
Year 3 8.33 4.04 - 12.37
Year 4 8.33 2.99 - 11.33
Year 5 8.33 1.95 - 10.29
Year 6 8.33 0.91 - 9.24
Year 7 2.78 0.07 - 2.85
Total… 50.00 25.26 - 75.26
NOTE : Interest during Implementation cum Moratorium Period will be served as &
then by Promoters from their other source income
ANNEXURE-XII
POWER REQUIRMENT FOR WATER PLANT
A) Power Requirement 63.00 KVA

B) No. of shifts Per day 1.00 Shifts
C) No. of Hours. Per Shift 8.00 Hours
D) No.of Working Days 300.00 days
F) Power Factor 0.80
G) Load Factor 0.90
H) Units Consumed per Annum 134,400.00
(A x B x C x D x E x F x G)
Rate per Unit (Rs./kWh) 8.00 Rs.
Power Rate Capacity Power Cost

Particulars Units Consumed (Rs./unit) Utilization (Rs. In Lacs)
Power Consumed at 100% 134,400.00 8.00 100% 10.75
Year 1 134,400.00 7.00 50% 4.70
Year 2 134,400.00 7.00 55% 5.17
Year 3 134,400.00 7.00 60% 5.64
Year 4 134,400.00 7.00 65% 6.12
Year 5 134,400.00 7.00 70% 6.59
Year 6 134,400.00 7.00 75% 7.06
Year 7 134,400.00 7.00 80% 7.53
ANNEXURE-XII
PARTNERS CAPITAL ACCOUNT
FIXED CAPITAL (Amount in Rs. Lacs)

Nishant Agrawal
Urmila Agrawal
Satish Agrawal
Total Fixed Capital - - - - - - - -
CURRENT ACCOUNT
kirti chouradia
Opening Balance - 10.50 13.77 19.81 28.53 39.81 53.54 69.75
Add: Additions during the year 10.50 - - - - - - -
Add: Profit during the year - 3.27 6.04 8.71 11.28 13.74 16.21 18.41
Total (A) 10.50 13.77 19.81 28.53 39.81 53.54 69.75 88.17
gyan chand chouradia

Opening Balance - 10.50 13.77 19.81 28.53 39.81 53.54 69.75
Add: Additions during the year 10.50 - - - - - - -
Add: Profit during the year - 3.27 6.04 8.71 11.28 13.74 16.21 18.41
Total (B) 10.50 13.77 19.81 28.53 39.81 53.54 69.75 88.17
Total Capital (A+B+C) 21.00 27.54 39.63 57.06 79.61 107.09 139.51 176.33
ANNEXURE-XIII
DIRECT LABOUR & WAGES
Particulars Permanent Per month Total

Nos. (in Rs.) (in Rs. Lacs)
Plant Incharge 1 40,000.00 4.80
SOLVENT
Skilled Labour 8 12,000.00 11.52
Semi Skilled Labour 5 9,000.00 5.40
Unskilled Labour 2 7,000.00 1.68
Total 16 68000 23.40

Add: Statutory Benefits @ 20% 4.68
Total Wages 16 68,000.00 28.08
ANNEXURE-XIV
REPAIRS AND MAINTENANCE

Value of Amount
Particulars Rate Assets
Infrastructure Development 1.00% - -

Plant & Machinery 1.00% 66.95 0.67
Builing, Godown 1.00% - -
Total 0.67
ANNEXURE-XV
DEPRICIATION WORKING AS PER WDV METHOD

Infrastructure
Particulars Land Building Plant & development Total
Machinery
Rate of Dep. 0% 10% 15% 10%
Opening WDV - - - - -
Additions in Year 0 - - 66.95 - 66.95
Dep. In Year 0 - - - - -
WDV at the end of Year 0 - - 66.95 - 66.95
Additions in Year 1 - - - - -
Add : Interest Capitalized - - - - -
Dep. In Year 2018-19 - - 10.04 - 10.04
Dep. In 2019-20 - - 8.54 - 8.54
Dep. In 2020-21 - - 7.26 - 7.26
Dep. In 2021-22 - - 6.17 - 6.17
Dep. In 2022-23 - - 5.24 - 5.24
Dep. In 2023-24 - - 4.46 - 4.46
Dep. In 2024-25 - - 3.79 - 3.79
ANNEXURE-XVI
SALARIES

Particulars Permanent Rate per month
Total
Nos. (in Rs.)
Administration Staf 2 15,000.00 3.60
Office Assistants 1 10,000.00 1.20
Total 3 4.80
Add: Statutory Benefits @ 20% 0.96
Total 5.76
ANNEXURE-XVII
ADMINISTRATIVE EXPENSES

Particulars Per Month
Total
(Rs)
Electricity Expenses 2,500.00 0.30
Postage, Telegram, Telephone 800.00 0.10
Rent, Rates & Taxes 5,000.00 0.60
Travelling & Conveyance 30,000.00 3.60
Printing & Stationary 5,000.00 0.60
Audit & Consultation 15,000.00 1.80
Newspaper & Periodicals 1,000.00 0.12
Office Expenses 17,000.00 2.02
Advertisement Expenses 10,000.00 1.20
License Renewal 1.80
Insurance Expenses 1.98
Total 14.12
List of Plant & Machinery
Annexure-XXI
Cost Cost
Sr. No. Description with Specification Qty Name of Suppliers
( Rs. In Lacs) ( Rs. In Lacs)
1 Oil Expellers (Basic Cost) 2 Krishna Engineering 17.00

(Model Double Chamber Oil Expeller Fitted
with Steam Cooker / Kettle
Add: CST 0.34

Add: Erection Cost 0.03
Add: Other Miscellenous Expenses 0.02 17.385
2 Elevator & Conveyor Jalaram Industries
a) Bucket Elevator - 0.65
b) 12" Screw conveyor - 0.56

(with UCHB Hanging Bearing 2 No.s)
c) Platform for Elevator 1 0.08
d) Driving Attachment for elevator and

conveyor 2 Set 0.13
Add: CST 0.03 1.44
3 L&T Valves with miscellaneous items - Gupta Machinery Stores 0.32
Cyclone Dust Collector & other

4 miscellaneous Items Kedar Industries
a) Mechanical Cyclone Dust Collector 1 1.25
b) Frabrication & Erection of
- M.S. Chimney (Suitable for 1.5 TPH Boiler) 1 2.55

- M.S. Tank 1 0.63
- MS Ducting Boiler to Chimney 1 0.43
- Erection of M.S. Chimney 1 0.50
- Boiler Model (1.5 TPH) Erection. 1 0.75
- Steam pipeline 0.51
- Pressure reducing station as per IBR
regulations 1.45
- Steam Header 1 0.27
c) C.I. Valve Flange End 0.33
d) Scrutiny fees & other charges 0.10 8.77
5 Exhaust Blower 1 Techno Air Engineer 0.44
6 Spiral Vavle Spirax Marshall P. Ltd.
a) Pilot operated self acting pressure reducing

Valve 1 0.43
b) Safety Valve 5 0.19
c) P&F Charges 0.02
d) Excise Duty on a & b 0.08
d) CST 0.02 0.72
7 11 KV H.T. Metering Cubicle 1 Koyna Engineers PVT. LTD. 1.33
HT Line with Transformers ,Electrification Sood Powertech Services

8 & Sheet
Basic Cost 11.55
Erection & Transportation 2.23 13.78
9 MS Oil Under Ground & Storage Tank Kulwal Iron & Steel PVT. LTD.
As per Specifications and Size
a) 1.5*1.5*1.5 3 2.49
b) 2.5*2.5*1.35 1 1.24
c) 1.5*1.95*.09 1 0.70
d) 5000 * 1600mm Dia vertical 3 5.40
e) 4900*2500mm Dia Horizontal 1 2.65 12.48
Total(a+b)… 56.67
Cost
Sr. No. Description with Specification
( Rs. In Lacs)
1 Oil Mil
a) Eligible Items
Oil Expellers 17.34
Elevator & Conveyor 1.44
L&T Valves with miscellaneous items 0.32
Cyclone Dust Collector & other miscellaneous
Items 8.67
Exhaust Blower (with accessories) 0.44
Spirax Valve 0.72
11 KV H.T. Metering Cubicle 1.33
HT Line with Transformers & Electrification 11.55
MS Oil Under Ground & Storage Tank 12.48
Subtotal (a) 54.30
b) Ineligible Items
Oil Expeller 0.05

Cyclone Dust Collector & other miscellaneous
Items 0.10
HT Line with Transformers ,Electrification &
Sheet 2.23
Subtotal (b) 2.38
Total(a+b)… 56.67
A) TAKING REDUCTION OF 5% IN REVENUE
(Rs. In lacs)
PARTICULARS 1 2 3 4 5
Revenue 168.08 187.74 204.83 221.92 239.01
Revenue after deduction of 5% 159.68 178.35 194.59 210.83 227.06
Expenditure 156.86 168.26 177.45 186.95 196.75
Excess of Surplus over Exp. 2.81 10.09 17.13 23.87 30.31
CALCULATION OF DEBT SERVICE RATIO

TAKING 5% REDUCTION IN REVENUE
Profit After Tax 2.81 10.09 17.13 23.87 30.31
Depreciation 10.04 8.54 7.26 6.17 5.24
Interest on Term Loan 6.05 5.08 4.04 2.99 1.95
TOTAL 18.90 23.70 28.43 33.03 37.51
Instalment of term loan 5.56 8.33 8.33 8.33 8.33
TOTAL 11.60 13.41 12.37 11.33 10.29
DSCR 1.63 1.77 2.30 2.92 3.65
Average D S C R 2.69
B) TAKING INCREASE OF 5% IN EXPENDITURE
Revenue 168.08 187.74 204.83 221.92 239.01
Expenditure 156.86 168.26 177.45 186.95 196.75
Expenses After 5% increase 161.66 173.38 182.85 192.62 202.71
Excess of Surplus over Exp. 6.42 14.35 21.98 29.30 36.31
CALCULATION OF DEBT SERVICE RATIO

TAKING 5% INCREASE IN EXPENDITURE
Profit after Tax 6.42 14.35 21.98 29.30 36.31
Depreciation 10.04 8.54 7.26 6.17 5.24
TOTAL 22.51 27.97 33.28 38.46 43.50
Instalment of term loan 5.56 8.33 8.33 8.33 8.33
TOTAL 11.60 13.41 12.37 11.33 10.29
DSCR 1.94 2.09 2.69 3.40 4.23
Average D S C R 3.14
(Rs. In lacs)
6
256.11
243.30
206.52
36.78
6
36.78
4.46
0.91
42.15
0.91
8.33
9.24
4.56
6
256.11
206.52
212.75
43.36
6
43.36
4.46
0.91
48.72
0.91
8.33
9.24
5.27
#REF!
Annexure XXIII
IRR
Cost of Capital
Cost of Equity Err:509
Cost of Term Loan 12.50%
Cost of Unsecured Loan Err:509
Capital Structure
Partners/Total Capital 29.58%
Term Loan/Total Capital 70.42%
Unsecured Loan / Total Capital Err:509 0
Weighted Average Cost of Capital Err:509
Net Cash Flows

Particulars Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Profit After Tax 6.54 12.09 17.43 22.56 27.48 32.42

Add:
Tax 2.92 5.41 7.79 10.09 12.29 14.50
Interest on Term Loan 6.05 5.08 4.04 2.99 1.95 0.91
Interest on Working Capital Loan 1.20 1.20 1.20 1.20 1.20 1.20
Depreciation 10.04 8.54 7.26 6.17 5.24 4.46
Less:
Capital Expenditure 66.95 - - - - - -
Net Cash Flows Before Tax (66.95) 26.75 32.31 37.72 43.00 48.16 53.48
Net Cash Flows After Tax (66.95) 23.83 26.90 29.92 32.92 35.87 38.99
Discounting Factor Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Discounted Cash Flow Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Net Present Value (Rs. In Lacs) Err:509

IRR after Tax Err:509
PROFITABILITY TRENDS
40.00
35.00
30.00
25.00
20.00
Row 42
15.00
10.00
5.00
-
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M/S BENITO WATER EXPERTS LLP

Building & Civil Work

Margin Money for Working Capital 2.50

Total Project Cost 71.00

Partners' Capital 21.00

Term Loan from Bank 50.00

Total Sources Of Finance 71.00

Cash Credit Limit 10.00

44 PREPARED BY ASKCA ASSOCIATES

Water Extract From Earth 54000

Proposed Installed Capacity (4000 Liter Per hour) of 32000

Other Raw Material Requirement in Water Plant

Proposed Installed Capacity of Botling Machine(RFC) 19200

Proposed Capacity Utilization Oil Mill Plant

Total No. of Working Days 300

Depreciation Rates WDV Method

Rates of Income Tax

PROJECTED BALANCE SHEET

(Amount in Rs. Lacs)

Other Current Liabilities - 0.89 0.94 0.99 1.04 1.09 1.15

TOTAL 71.00 84.39 88.33 97.62 112.04 131.38 155.67

Gross Block 66.95 66.95 66.95 66.95 66.95 66.95 66.95

Capital Work in Progress - 2.00 12.00 26.50 45.50 68.00 94.50

TOTAL 71.00 84.39 88.33 97.62 112.04 131.38 155.67

M/S BENITO WATER EXPERTS LLP

CURRENT RATIO ANALYSIS

Particulars 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24

(Amount in Rs. Lacs)

CURRENT RATIO ANALYSIS

(Amount in Rs. Lacs)

Total (A) 168.08 187.74 204.83 221.92 239.01 256.11 273.20

Power 4.70 5.17 5.64 6.12 6.59 7.06 7.53

Administration & Selling Expenses

(Amount in Rs. Lacs)

Opening Balance - 2.50 4.00 4.47 4.78 4.63 4.99 5.18

Particulars Cost Grant Amount

Technical Civil Work 57.86 25% 14.47

Calculation of Venture Capital Assistance from SFAC

Particulars Amount Grant Amount

(in Rs. Lacs) % of Grant (Rs. In Lakhs)

Partner's Capital 21.00 26% 5.46

(Amount in Rs. Lacs)

Add: Depreciation 10.04 8.54 7.26 6.17 5.24 4.46 3.79

Average DSCR 5.21

BREAK EVEN ANALYSIS

Total Variable Cost (B) 127.69 141.06 151.99 163.01

Break Even Sales 122.43 111.30 101.20 93.28

Cash Break Even As a percentage of sales 48% 41% 36% 32%

CASH Average BEP 35%

(Amount in Rs. Lacs)

(Amount in Rs. Lacs)

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

WATER EXTRACTION PLANT

Capacity Utilization 50% 55% 60% 65% 70% 75% 80%

Input in Liters 4,800,000.00 5,280,000.00 5,760,000.00 6,240,000.00 6,720,000.00 7,200,000.00 7,680,000.00

TOTAL RAW MATERIAL REQUIRMENT

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

Total Water Cost - - - - - - -

1 Liter Bottle Cost

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

Water Bottle (1 Liter)

1/2 Liter Water Bottle

200 Ml Water Bottle