Mejwani Thali

8/12/2019 Mejwani Thali

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100Area inside hotel 2400 300Area reserved for parking 600 400total area 3000 750per sq feet rent in rupees 35 300

rent for 1 month 0 100rent for initial 3 months 315000 50advance/deposit is 6 months rent 630000 400total initial investment for space 945000 600

Item per unit price total units total costtable 11000 10 110000

7000 10 70000chair 1000 125 125000

Interiors 1000000Total 1305000

Item per unit price total units total costRefrigerator 3 70000Gas stove 6000 2 12000Mixer and grinder 5000 2 10000Commericial LPG gas connection 10000 2 20000Kitchen utensils 300000Total 412000

Item Per unit price Total units Total costPool table 30000 1 30000Snooker table 45000 1 45000Miscellaneous - - - - 10000Total 85000

Item Per Unit Price Total Units Total CostCFL 300 15 4500Tubes 200 10 2000Inverter 60000 1 60000Exhaust Fans 990 2 1980Fan 16 1000 16000Miscellaneous - - - - 5000Total 89480Computer Purchase 45000

Electrical Equipment

BreSpace

Furnitre

Kitchen

Game Parlour


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Working Capital Requirement 68520Legal Expenses 100000Contingency 50000Total Initial Cost 3100000


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storage10 tables for 4 people each10 tables for 6 people each

kitchengame parlour

washroomBilling counter

passageparking

kup of Space area


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Items AmountsDeposit 630000Rent for initial 6 months 315000Kitchen 412000Furniture 1305000

Electrical equipment 89480WC requirement 68520Computer 45000Game parlour assets 85000Contingency 50000Legal expenses 100000Total 3100000

Means of FinancePromoter's contribution 1200000Bank Loan 1900000Total 3100000

Cost of project


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No of persons Salary per month Total Per MonthManager (Skilled) 1 12000 12000Cashier (Skilled) 1 5000 5000Chefs (Skilled) 4 12000 48000Game parlour attendant (Semi-skilled) 1 5000 5000

Waiter (Semi-skilled) 8 5000 40000Cleaning staff (Unskilled) 4 3000 12000Total 122000

Salary for Year 1 (9 months)

Salary and Wages


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Year 1 Year 2 Year 3144000 154080 163324.8

60000 64200 68052576000 616320 653299.2

60000 64200 68052

480000 513600 544416144000 154080 163324.8

1464000 1566480 1660468.8

1098000


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Months No of advertisements Expenditure

per adTotal

4 3 5,000.00Rs. 15,000.00Rs.5 3 5,000.00Rs. 15,000.00Rs.6 3 5,000.00Rs. 15,000.00Rs.7 2 4,000.00Rs. 8,000.00Rs.

8 2 4,000.00Rs. 8,000.00Rs.9 2 4,000.00Rs. 8,000.00Rs.10 2 2,000.00Rs. 4,000.00Rs.11 1 2,000.00Rs. 2,000.00Rs.12 1 2,000.00Rs. 2,000.00Rs.

Total 77,000.00Rs.Average per month 6,416.67Rs.


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Month Projected Sales Year 1 54000 Year 11 0 Year 2 84480 Year 22 0 Year 3 97152 Year 33 04 58005 58006 58007 60008 60009 6000

10 620011 620012 6200

Total Year 1 sales 54000

Total Sales

Total Per Hour Total Monthly Sales3680 100 4600 8280 331204590 110 5610 10200 408005600 120 6720 12320 49280

Snooker

les

Monthly Forecast Price PYearly Forecast


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190 Year 1 10260000200 Year 2 16896000210 Year 3 20401920

Yearly SalesYear 1 298080Year 2 489600Year 3 591360

Salesr Thali


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Estiamtion for 10 people

Item Cost Year Cost of RM per thaliRoti 80 1 102Rice 45 2 109Dal 40 3 115Potato,Tomato,Onion 70Paneer 70Farsan 300Sweets 200Sabji 100Salad 15Pickle, Chatni 20Other 15Oil 40Ghee 25

Total 1020

Cost of RM for 1 thali 102

Raw Material


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Cost Of Thali148.4

151.35154.04


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Current Assets Units of thalis sold Cost per thali Holding Duration

Raw MaterialPerishable 54000.00 85.50 2.00

Non-perishable 54000.00 16.50 30.00Total Current Assets

Current Liabilities

Creditors 54000.00 85.50 2.0054000.00 16.50 15.00

Total Current Liabilities

Working Capital Requirement

Year 1


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91 9618 19

109 115151.49 139.64


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Year 2 Year 3Amount

34200.00 42709.33 51814.40

99000.00 126720.00 153824.00133200.00 169429.33 205638.40

34200.00 42709.33 51814.4049500.00 63360.00 76912.00

83700.00 106069.33 128726.40

49500.00 63360.00 76912.00


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Year1 Year 2 Year 3Raw Material 612000.00 767360.00 931040.00Direct wages 100000.00 107000.00 113420.00

Prime cost 712000.00 874360.00 1044460.00Hotel rent 105000.00 110000.00 115000.00Supervisor's Salary 17000.00 18190.00 19281.40Overheads 50000.00 53500.00 56710.00Cost of production 884000.00 1056050.00 1235451.40Advertising expenses 6416.67 7133.69 7561.71Cost of goods sold 890416.67 1063183.69 1243013.11Profit 249583.33 344816.31 457146.89Sales 1140000.00 1408000.00 1700160.00

Cost of goods soldper unit

148.40 151.02 153.53

thali price 190.00 200.00 210.00

Monthly calculation of cost sheet


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Fixed Assets Initial Value of FIXED ASSETSPercentage Depreciation

Kitechen Utensils 300,000.00 15.00 45,000.00Refrigerator,mixer,grinder 80,000.00 15.00 12,000.00Gas Stove + LPG connection 32,000.00 15.00 4,800.00Electrical assets ( bulbs,tubes,fans) 89,480.00 10.00 8,948.00

Restaurant and game parlour furniture 1,390,000.00 10.00 139,000.00Computer 45,000.00 60.00 27,000.00TOTAL 1,936,480.00 236,748.00

Re


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Depreciated Value Depreciation Depreciated Value Depreciation Depreciated Value255,000.00 38,250.00 216,750.00 32,512.50 184,237.50

68,000.00 10,200.00 57,800.00 8,670.00 49,130.0027,200.00 4,080.00 23,120.00 3,468.00 19,652.0080,532.00 8,053.20 72,478.80 7,247.88 65,230.92

1,251,000.00 125,100.00 1,125,900.00 112,590.00 1,013,310.0018,000.00 10,800.00 7,200.00 4,320.00 2,880.00

1,699,732.00 196,483.20 1,503,248.80 168,808.38 1,334,440.42

ear 1 Year 2 Year 3


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Term Loan 1900000

Term Interest3 Years 16%

Year Interest Paid Principal Paid Principal Outstanding1 278666.6667 400000 15000002 240000 600000 9000003 144000 900000 0

Long Term Loan Interest


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Particulars

Year 1 Year 2

Equity and LiabilitiesShare Capital 1,200,000.00 1,200,000.00Reserve & Surplus

General Reserve 326,876.43 1,051,891.26Net profit 980,629.30 3,155,673.77

Non-current LiabilitiesLong Term borrowing 1,500,000.00 900,000.00

Current LiabilitiesCreditors 83,700.00 106,069.33Tax Provision 560,359.60 1,242,882.56

Total Liabilities 4,651,565.33 7,656,516.92

ASSETSNon-current assetsTangible assets

Kitechen Utensils 2 55,000.00 216,750.00Refrigerator,mixer,grinder 68,000.00 57,800.00

Gas Stove + LPG connection 27,200.00 23,120.00

Electrical assets ( bulbs,tubes,fans) 80,532.00 72,478.80Restaurant and game parlour furniture 1,251,000.00 1,125,900.00

Computer 18,000.00 7,200.00Total tangible assets 1699732 1503248.8

Investment 0.00 2,500,000.00Current AssetsCash 2,108,633.33 2,793,838.78Deposit 630,000.00 630,000.00Preliminary expenses to be written off 80,000.00 60,000.00Inventory 133,200.00 169,429.33Total Assets 4,651,565.33 7,656,516.92

Balance Sheet for First 3 YearsAmount


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Year 3

1,200,000.00

2,051,573.745,947,721.23

0.00

128,726.401,713,741.40

11,041,762.78

184,237.5049,130.0019,652.00

65,230.921,013,310.00

2,880.001334440.42

5,000,000.00

3,831,683.96630,000.00

40,000.00205,638.40

11,041,762.78


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ParticularsSales 10,260,000.00 16,896,000.00Other Income ( Game Parlour) 298,080.00 489,600.00Total Revenue 10,558,080.00ConsumptionOpening stock 0.00 133,200.00Purchases 5,508,000.00 9,208,320.00Closing Stock 133,200.00 169,429.33Total Consumption 5,374,800.00ExpenditureSalary and wages 1,098,000.00 1,566,480.00Overheads 450,000.00 642,000.00Rent 1,155,000.00 1,320,000.00Depreciation 236,748.00 196,483.20Advertising 77,000.00 85,604.28Preliminary expenses written off (20%) 20,000.00 20,000.00

Total expense 8,411,548.00

Profit Before Interest and Tax (PBIT) 2,146,532.00

Interest paid on long tem loan 278,666.67 240,000.00Interest on working capital 0.00 0.00Total Interest paid 278,666.67

Profit Before Tax (PBT) 1,867,865.33

Less : Tax @ 30% 560,359.60

Profit After Tax 1,307,505.73

Dividends paid 0.00

DDT 0.00

Transfer to Reserve and Surplus ( 25 %) 326,876.43

To Net Profit 980,629.30

Year 1 Ye

Profit and Loss Account


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20,401,920.00591,360.00

17,385,600.00 20,993,280.00

169,429.3311,172,480.00

205,638.409,172,090.67 11,136,270.93

1,660,468.80680,520.00

1,380,000.00168,808.38

90,740.5420,000.00

13,002,658.15 15,136,808.65

4,382,941.85 5,856,471.35

144,000.000.00

240,000.00 144,000.00

4,142,941.85 5,712,471.35

1,242,882.56 1,713,741.40

2,900,059.30 3,998,729.94

0.00 180,000.00

0.00 27,000.00

725,014.82 999,682.49

2,175,044.47 2,792,047.46

r 2 Year 3


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Year 1 Year 2 Year 3Opening Balance 0.00 2,108,633.33 2,793,838.78Cash InflowSales from restaurant 10,260,000.00 16,896,000.00 20,401,920.00Sales from game parlour 298,080.00 489,600.00 591,360.00Total Sales 10,558,080.00 17,385,600.00 20,993,280.00Equity fund 1,200,000.00 0.00 0.00Bank Loan 1,900,000.00 0.00 0.00Total INFLOW 13,658,080.00 19,494,233.33 23,787,118.78

Cash OutflowComputer Purchase 45,000.00 0.00 0.00Deposit 630,000.00 0.00 0.00Rent 1,155,000.00 1,320,000.00 1,380,000.00Kitchen 412,000.00 0.00 0.00

Furniture 1,305,000.00 0.00 0.00Electrical 89,480.00 0.00 0.00Game Parlour Asset 85,000.00 0.00 0.00Legal Expenses 100,000.00 0.00 0.00Raw material 5,508,000.00 9,208,320.00 11,172,480.00Less: Creditors -83,700.00 -106,069.33 -128,726.40Advertising 77,000.00 85,604.28 90,740.54Salary and wages 1,098,000.00 1,566,480.00 1,660,468.80Interest Paid on long term loan 278,666.67 240,000.00 144,000.00Overheads 450,000.00 642,000.00 680,520.00Investment 0.00 2,500,000.00 2,500,000.00Payment to creditors 0.00 83,700.00 106,069.33Dividend paid 0.00 0.00 180,000.00DDT paid 0.00 0.00 27,000.00Income tax paid 0.00 560,359.60 1,242,882.56Loan repayment 400,000.00 600,000.00 900,000.00Total OUTFLOW 11,549,446.67 16,700,394.55 19,955,434.82

Net Cash Inflow 2,108,633.33 2,793,838.78 3,831,683.96

Cash Flow Statement


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Total number of Units for 9 months in year 1 54000.00Cost per unit 118.66Total variable cost 6407640.00

Fixed cost 1994748.00Selling price per unit 190.00Contribution per unit 71.34Total contribution 3852360.00

BEP units 27961.14

BEP period 4 months 18 days (after gestation period)

BEP analysis


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711960


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Equity Capital

Long term debt

Total

Weighted Average Cost Of Capital = 17.56%

Year0123

TotalNPVProfitability Index

Discounted Pay Back Period

Cal


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Weights Specific cost Weighted average cost0.39 0.2 0.078

0.61 0.16 0.0976

1 0.1756

CFAT Depriciation CFAT + Depriciation DF PVCF-1936480.00 -1936480.001,307,505.73 256748.00 1,564,253.73 0.850629 1330600.3182,900,059.30 216483.20 3,116,542.50 0.72357 2255038.1763,998,729.94 188808.38 4,187,538.32 0.61549 2577389.545

6163028.0394226548.04

3.182593179

1.1944076421 Year 2 Months 8 days

culation of WACC


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Ratio Formula Year 1Debt-Equity Ratio Total Long Term Debt/Equity 1.583333333Current Ratio Current assets/Current Liability 4.46Return on Equity PAT/Equity shareholders fund*100 39.00

Return on capital employed Net Profit/Capital Employed 0.36Sales to Capital Employed Net Sales/Capital Employed 3.80Working Capital Turnover Ratio Net sales/Net Working Capital 207.27Fixed assets turnover ratio Net sales/Fixed assets 6.04Net Profit Margin Net Profit/Net Sales*100 9.56Interest Coverage Ratio PBIT/Interest Charges 7.70Acid Test Ratio Liquid current assets/Liquid current Liabilitites 4.25Financial Leverage EBIT/EBT 1.15

Ratio Analysis


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Mejwani Thali

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