Hotel Gaonraan

Near Cummins Collage, Karve Road, Pune-411052

Financial Projections

FUND BASED REQUIREMENT (Amount in Rs.)

Term Loan RS. 10,00,000.00

Total Requirement 10,00,000.00

 Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Particulars Amount Amount

PROJECT COST
Investment in Long term uses
i) Plant & Machineries 1,25,000.00
ii) Furniture and Fixture 8,00,000.00
iii) Computer 12,500.00
iv) Office Equipment 62,500.00
v) Deposit 2,50,000.00

Total Project Cost 12,50,000.00

MEANS OF FINANCE Percentage

A] Debt Finance
- Term Loan 10,00,000 80%

Sub Total [A] 10,00,000

B] Own Contribution
- For Long Term Investments 2,50,000 20%

Sub Total [B] 2,50,000

Grand Total [ A + B ] 12,50,000

Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Sr No Details of Assets Amount

Rs.
1 Furniture (Renovation of Hotel) 8,00,000
2 Plant and Machinery 1,25,000
3 Computer 12,500
4 Office Equipment 62,500

Total 10,00,000
Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Projected Balance Sheet

PROJECTIONS
Particulars
31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Hotel Gavran
Owners Funds
Opening Balance - 4,58,003 7,77,479 12,08,411 15,76,262
Add: Capital Addition 2,50,000 - - - -
Add: Profit 3,46,672 5,32,460 7,18,221 9,19,626 11,52,661
Less : Drawing 1,38,669 2,12,984 2,87,288 5,51,775 6,91,597
Closing Balance 4,58,003 7,77,479 12,08,411 15,76,262 20,37,326

Secured Loans
- Term Loan 8,38,967 6,60,453 4,62,562 2,43,188 -
8,38,967 6,60,453 4,62,562 2,43,188 -

Current Liabilities 40,150 46,173 53,098 61,063 70,223

Sundry Creditors 59,581 61,737 70,998 81,647 93,894
Provisions for Expenses 1,54,433 1,68,705 1,84,754 2,02,652 2,22,511
2,54,164 2,76,615 3,08,850 3,45,362 3,86,628

Total 15,51,134 17,14,547 19,79,823 21,64,812 24,23,954

Fixed Assets
Opening WDV - 8,86,875 8,40,656 11,23,364 10,68,195
Add: Addition 10,00,000 63,750 4,00,478 85,901 1,06,705
Less: Deletion - - - - -
Less : Depreciation 1,13,125 1,09,969 1,17,770 1,41,070 1,37,427
Closing WDV 8,86,875 8,40,656 11,23,364 10,68,195 10,37,473

Other Non Current Asset - 1,00,000 - 1,00,000 1,50,000

Current Assets
Sundry Debtors 1,10,000 1,26,500 1,45,475 1,67,296 1,92,391
Inventory 1,65,000 1,89,750 2,18,213 2,50,944 2,88,586
Cash & Bank Balances 1,39,259 1,85,196 1,76,419 2,08,127 2,90,145
Other Current Assets 2,50,000 2,72,445 3,16,352 3,70,248 4,65,359
6,64,259 7,73,891 8,56,458 9,96,616 12,36,481

Total 15,51,134 17,14,547 19,79,823 21,64,812 24,23,954

- - - - -
Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Ratio Analysis
PROJECTIONS
Particulars
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Gross Profit Ratio 60.00% 60.00% 60.00% 60.00% 60.00%

Net Profit Ratio 8.63% 11.53% 13.53% 15.06% 16.41%

(PAT/TO)

DSCR 2.16 2.80 3.48 4.27 5.07

(PBDIAT/EMI)
Cash Accruals
a.Profit After Tax 3,46,672 5,32,460 7,18,221 9,19,626 11,52,661
b.Interest on Term Loan 96,003 78,522 59,144 37,662 13,848
c.Depriciation 1,13,125 1,09,969 1,17,770 1,41,070 1,37,427
5,55,800 7,20,951 8,95,135 10,98,357 13,03,936

d.Installment 2,57,036 2,57,036 2,57,036 2,57,036 2,57,036

Interest Coverage Ratio 3.40 3.31 4.44 5.73 7.94

Current Ratio 2.61 2.80 2.77 2.89 3.20

[ CA / (CL + CC Loan) ]

TOL/TNW 2.39 1.21 0.64 0.37 0.19

Debt/Equity Ratio 1.83 0.85 0.38 0.15 -

We hereby certify that the above ratios have been verifed and found correct with reference to Projected
Financial Statements and Project report.

For Nilesh Jadhav & Associates

Chartered Accountants
FRN No.147624W

CA Nilesh Jadhav
Membership No.172303

Place: Pune
Date:
Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Projected Profit and Loss Account

PROJECTIONS
Particulars
31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Hotel Gavran
Revenue from Hotel 40,15,000 46,17,250 53,09,838 61,06,313 70,22,260

Total 40,15,000 46,17,250 53,09,838 61,06,313 70,22,260

Cost of Goods Sold

Opening Stock - 1,65,000 1,89,750 2,18,213 2,50,944
Add: Purchases 14,49,800 15,02,270 17,27,611 19,86,752 22,84,765
Add: Direct Expenses 3,21,200 3,69,380 4,24,787 4,88,505 5,61,781
Sub Total 17,71,000 20,36,650 23,42,148 26,93,470 30,97,490
Less: Closing Stock 1,65,000 1,89,750 2,18,213 2,50,944 2,88,586
Cost of Goods Sold 16,06,000 18,46,900 21,23,935 24,42,525 28,08,904

Gross Profit 24,09,000 27,70,350 31,85,903 36,63,788 42,13,356

Indirect Expenses
Salary Expenses 9,84,000 10,82,400 11,90,640 13,09,704 14,40,674
Advertisement Expenses 35,000 24,500 17,150 12,005 8,404
Bank Charges 1,200 1,260 1,323 1,389 1,459
Electricity Expenses 78,000 85,800 94,380 1,03,818 1,14,200
Misc. Expenses 35,000 38,500 42,350 46,585 51,244
Rent 7,20,000 7,92,000 8,71,200 9,58,320 10,54,152

Total Indirect Costs 18,53,200 20,24,460 22,17,043 24,31,821 26,70,132

PBIDT (Operating Profit) 5,55,800 7,45,890 9,68,860 12,31,967 15,43,224

Interest Paid
Term Loan 96,003 78,522 59,144 37,662 13,848
PBDT 4,59,797 6,67,368 9,09,715 11,94,305 15,29,376
Depreciation 1,13,125 1,09,969 1,17,770 1,41,070 1,37,427
Book Profit 3,46,672 5,57,399 7,91,945 10,53,235 13,91,949
Income Tax* - 24,939 73,725 1,33,609 2,39,288
Profit after tax 3,46,672 5,32,460 7,18,221 9,19,626 11,52,661
Less : Appropriation - - - - -
Profit After Appropriations 3,46,672 5,32,460 7,18,221 9,19,626 11,52,661
Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Statement Showing Projected Capital A/c

Projections
Particulars
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Capital A/c
Opening Balance - 4,58,003 7,77,479 12,08,411 15,76,262
Add: Addition During 2,50,000 - - - -
Closing Capital 2,50,000 4,58,003 7,77,479 12,08,411 15,76,262
Add: Profit after tax 3,46,672 5,32,460 7,18,221 9,19,626 11,52,661
5,96,672 9,90,463 14,95,700 21,28,037 27,28,923
Less: Drawings 1,38,669 2,12,984 2,87,288 5,51,775 6,91,597
Clsoing Balance 4,58,003 7,77,479 12,08,411 15,76,262 20,37,326
Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Statement of Fixed Assets

Particulars YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

Plant & Machinery
Opening W.D.V. - 1,06,250 1,35,469 1,49,693 1,90,859
Additions 1,25,000 53,125 40,641 74,846 95,429
Deletions
Depreciation 18,750 23,906 26,416 33,681 42,943
Closing W.D.V. 1,06,250 1,35,469 1,49,693 1,90,859 2,43,345

Building- Hotel Shop

Opening W.D.V. - - - - -
Additions -
Deletions -
Depreciation - - - - -
Closing W.D.V. - - - - -

Office Furniture
Opening W.D.V. - 7,20,000 6,48,000 9,07,200 8,16,480
Additions 8,00,000 3,24,000
Deletions -
Depreciation 80,000 72,000 64,800 90,720 81,648
Closing W.D.V. 7,20,000 6,48,000 9,07,200 8,16,480 7,34,832
Computers
Opening W.D.V. - 7,500 3,000 11,200 4,480
Additions 12,500 25,000
Deletions -
Depreciation 5,000 4,500 16,800 6,720 2,688
Closing W.D.V. 7,500 3,000 11,200 4,480 1,792
Office Equipment
Opening W.D.V. 53,125 54,188 55,271 56,377
Additions 62,500 10,625 10,838 11,054 11,275
Deletions -
Depreciation 9,375 9,563 9,754 9,949 10,148
Closing W.D.V. 53,125 54,188 55,271 56,377 57,504

Summary
Opening W.D.V. - 8,86,875 8,40,656 11,23,364 10,68,195
Additions 10,00,000 63,750 4,00,478 85,901 1,06,705
Deletions - - - - -
Depreciation 1,13,125 1,09,969 1,17,770 1,41,070 1,37,427
Closing W.D.V. 8,86,875 8,40,656 11,23,364 10,68,195 10,37,473
Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Rate of Interest per annum 10.35% p.a.

Rate of Interest per month 0.86% p.m.
Tenure 60 Months
Loan Amount 10,00,000
EMI 21,420

Op. Principal EMI Closing

Sr. No.
O/s Principle Interest Total Principal O/s
Apr-19 10,00,000 12,795 8,625 21,420 9,87,205
May-19 9,87,205 12,905 8,515 21,420 9,74,300
Jun-19 9,74,300 13,016 8,403 21,420 9,61,284
Jul-19 9,61,284 13,129 8,291 21,420 9,48,155
Aug-19 9,48,155 13,242 8,178 21,420 9,34,914
Sep-19 9,34,914 13,356 8,064 21,420 9,21,558
Oct-19 9,21,558 13,471 7,948 21,420 9,08,086
Nov-19 9,08,086 13,587 7,832 21,420 8,94,499
Dec-19 8,94,499 13,705 7,715 21,420 8,80,794
Jan-20 8,80,794 13,823 7,597 21,420 8,66,971
Feb-20 8,66,971 13,942 7,478 21,420 8,53,029
Mar-20 8,53,029 14,062 7,357 21,420 8,38,967
Apr-20 8,38,967 14,184 7,236 21,420 8,24,784
May-20 8,24,784 14,306 7,114 21,420 8,10,478
Jun-20 8,10,478 14,429 6,990 21,420 7,96,048
Jul-20 7,96,048 14,554 6,866 21,420 7,81,495
Aug-20 7,81,495 14,679 6,740 21,420 7,66,815
Sep-20 7,66,815 14,806 6,614 21,420 7,52,009
Oct-20 7,52,009 14,934 6,486 21,420 7,37,076
Nov-20 7,37,076 15,062 6,357 21,420 7,22,013
Dec-20 7,22,013 15,192 6,227 21,420 7,06,821
Jan-21 7,06,821 15,323 6,096 21,420 6,91,498
Feb-21 6,91,498 15,456 5,964 21,420 6,76,042
Mar-21 6,76,042 15,589 5,831 21,420 6,60,453
Apr-21 6,60,453 15,723 5,696 21,420 6,44,730
May-21 6,44,730 15,859 5,561 21,420 6,28,871
Jun-21 6,28,871 15,996 5,424 21,420 6,12,876
Jul-21 6,12,876 16,134 5,286 21,420 5,96,742
Aug-21 5,96,742 16,273 5,147 21,420 5,80,469
Sep-21 5,80,469 16,413 5,007 21,420 5,64,056
Oct-21 5,64,056 16,555 4,865 21,420 5,47,502
Nov-21 5,47,502 16,697 4,722 21,420 5,30,804
Dec-21 5,30,804 16,841 4,578 21,420 5,13,963
Jan-22 5,13,963 16,987 4,433 21,420 4,96,976
Feb-22 4,96,976 17,133 4,286 21,420 4,79,843
Mar-22 4,79,843 17,281 4,139 21,420 4,62,562
Apr-22 4,62,562 17,430 3,990 21,420 4,45,131
May-22 4,45,131 17,580 3,839 21,420 4,27,551
Jun-22 4,27,551 17,732 3,688 21,420 4,09,819
Jul-22 4,09,819 17,885 3,535 21,420 3,91,934
Aug-22 3,91,934 18,039 3,380 21,420 3,73,895
Sep-22 3,73,895 18,195 3,225 21,420 3,55,700
Oct-22 3,55,700 18,352 3,068 21,420 3,37,348
Nov-22 3,37,348 18,510 2,910 21,420 3,18,838
Dec-22 3,18,838 18,670 2,750 21,420 3,00,168
Jan-23 3,00,168 18,831 2,589 21,420 2,81,338
Feb-23 2,81,338 18,993 2,427 21,420 2,62,345
Mar-23 2,62,345 19,157 2,263 21,420 2,43,188
Apr-23 2,43,188 19,322 2,097 21,420 2,23,866
May-23 2,23,866 19,489 1,931 21,420 2,04,377
Jun-23 2,04,377 19,657 1,763 21,420 1,84,720
Jul-23 1,84,720 19,826 1,593 21,420 1,64,893
Aug-23 1,64,893 19,997 1,422 21,420 1,44,896
Sep-23 1,44,896 20,170 1,250 21,420 1,24,726
Oct-23 1,24,726 20,344 1,076 21,420 1,04,382
Nov-23 1,04,382 20,519 900 21,420 83,863
Dec-23 83,863 20,696 723 21,420 63,166
Jan-24 63,166 20,875 545 21,420 42,291
Feb-24 42,291 21,055 365 21,420 21,237
Mar-24 21,237 21,237 183 21,420 0

Summary
2017 10,00,000 1,61,033 96,003 2,57,036 8,38,967
2018 8,38,967 1,78,514 78,522 2,57,036 6,60,453
2019 6,60,453 1,97,892 59,144 2,57,036 4,62,562
2020 4,62,562 2,19,374 37,662 2,57,036 2,43,188
2021 2,43,188 2,43,188 13,848 2,57,036 -
Hotel Gaonraan
Near Cummins Collage, Karve Road, Pune-411052

Assumptions:
1 Material Purchase and Sale price as per current market rate & marketing team suggestion
2 Revenue is derived as per market survey done by the Owner
3 Revenue is increasing by 10% every year
4 Cost of foods preparation is derived as per information provided by Owner
5 Closing stock is considered only 15 days stock as per storage capacity
6 Gas consumption is based on the estimation of cook
7 Salary cost is considered as per current CTC package
8 Indirect expenses will be increase by 10% every year
9 Finance cost is taken as per actual EMI schedule provided by bank
10 Depreciation is calculated based on rate approved in Income Tax Act
11 Sundry Creditors are derived based on 15 days purchase
12 Sundry Debtors include monthly mess and other party order