M/S MAHAVEER TRADING CO. Rs.

in Lacs
31.03.2O15 31.03.16 31.03.17 31.03.18 31.03.19
PROFITABILITY
12 12 12 12 12
STATEMENT
Audited Audited Audited Estimated Projected
1. Net Sales 463.62 521.15 625.88 800.00 1000.00
1.1 Export Sales ###
1.2 Domestic Sales (Gross) 463.62 521.15 625.88 800.00 1000.00
1.3 Total Sales ###
1.4 Less : Excise Duty ###
2. Other Operating Income ###
3. Total income 463.62 521.15 625.88 800.00 1000.00
4. Trading Cost 443.73 496.91 590.86 745.12 910.59
4.1 Opening Stock 22.45 27.45 31.10 35.46 45.00
4.2 Add: Purchases 448.22 499.89 591.34 750.00 925.00
4.3 Less : Closing Stock 27.45 31.10 35.46 45.00 65.00
4.4 Misc. Trading Expenses 0.51 0.67 3.88 4.66 5.59
CXZ ###
5. Gross Margin 19.89 24.24 35.02 54.88 89.41
6. Selling Admin & Gen Exps 12.83 15.10 14.41 22.50 30.00
6.1 Selling, Admin & Gen. Ex 6.80 7.80 9.61 15.00 20.00
6.2. Admin & Gen Exps 6.03 7.30 4.80 7.50 10.00
7. Op Profit before Intt & Dep 7.06 9.14 20.61 32.38 59.41
8. Interest & Finance Exps 0.16 4.95 9.90
9. Cash Operating Margin ###
10. Depreciation 1.24 1.01 0.84 0.76 0.68
11. Amortisation ###
12. Operating Profit 5.82 8.13 19.61 26.68 48.83
13. Non-operating Surplus /Defic ###
14. Profit before Tax 5.82 8.13 19.61 26.68 48.83
15. Provision for tax ###
16. Net profit 5.82 8.13 19.61 26.68 48.83
17. Deferred Tax Liability ###
18. Retained Profit ###
19. Cash Generation ###
20. Retained Cash Earning ###
 STATEMENT OF 31.03.2O15 31.03.16 31.03.17 31.03.18 31.03.19
FINANCIAL POSITION Audited Audited Audited Estimated Projected
1. Fixed Assets (Net) 6.96 5.95 5.11 4.35 3.67
1.1 Written Down Value 8.20 6.96 5.95 5.11 4.35
1.2 Depreciation 1.24 1.01 0.84 0.76 0.68
1.3 Capital work-in-progress ###
2. Investments ###
3. Non-current Assets 0.00 0.00 0.00 0.00 0.00
3.1 Security ###
3.2 Others (FDs)_ ###
4. Current Assets 61.22 71.72 96.89 214.65 275.83
4.1 Cash & Bank Balance 2.25 2.98 3.84 2.98 2.50
4.2 Sundry Debtors 21.87 27.08 57.59 166.67 208.33
4.3 Inventories 27.45 31.10 35.46 45.00 65.00
4.4 Other Current Assets 9.65 10.56 0.00 ###
5. Current Liabilities 38.27 42.07 49.23 149.55 187.50
5.1 Others ###
5.2 Sundry Creditors 37.56 41.26 48.23 57.55 95.00
5.3 Misc CL & Provisions 0.71 0.81 1.00 2.00 2.50
5.4 Sub-total 38.27 42.07 49.23 59.55 97.50
Working Capital Gap 22.95 29.65 47.66 155.10 178.33
5.8 Short Term Bank Borrowing 90.00 90.00
6. Net Current Assets 22.95 29.65 47.66 65.10 88.33
7. TOTAL ASSETS 29.91 35.60 52.77 69.45 92.01
8. Term Liabilities 0.00 0.00 0.00 0.00 0.00
8.1 Secured Loans ###
8.2 DTL ###
8.3 Unsecured Loans ###
9. Shareholders' Funds (TNW) 29.91 35.60 52.77 69.45 92.00
9.1 Capital 29.91 35.60 52.77 69.45 92.00
9.2 Share application Money ###
9.3 Reserves & Surplus (excl ###
9.4 Unsec Loan form Related Pa ###
9.5 Revaluation Reserves (-) ###
9.6 Intangible Assets (-) ###
10. TOTAL SOURCES 29.91 35.60 52.77 69.45 92.00
M/S MAHAVEER TRADING C 0.00 0.00 (0.00) (0.00) (0.00)
Current Ratio 1.60 1.70 1.97 1.44 1.47
Debt Equity Ratio 0.00 0.00 0.00 0.00 0.00
TOL/TNW 1.28 1.18 0.93 2.15 2.04
Inventory velocity (Months) 0.73 0.75 0.72 0.72 0.84
Creditor Velocity (Months) 1.01 0.99 0.98 0.92 1.23
Debtor Velocity (Months) 0.57 0.62 1.10 2.50 2.50
Sales Growth% #DIV/0! 12.41 20.10 53.51 25.00
Gross profit to net sales % 4.29 4.65 5.60 6.86 8.94
Net profit to net sales% 1.26 1.56 3.13 3.33 4.88
PBDIT 7.06 9.14 20.61 32.38 59.41
PBIT 5.82 8.13 19.77 31.63 58.73
PBDIT/INTEREST #DIV/0! #DIV/0! 128.81 6.54 6.00
ROCE ( PBIT/AVER CAP) 19.46 22.84 37.46 19.84 32.27
holding Period 31.03.2O15 31.03.16 31.03.17 31.03.18 31.03.19
Audited Audited Audited EstimatedProjected
Inventory 27.45 31.10 35.46 45.00 65.00
no. of days 22.58 22.84 26.05 22.04 31.84
Receivables 21.87 27.08 57.59 166.67 208.33
no. of days 17.22 18.97 33.59 76.04 76.04
other current assets 11.90 13.54 3.84 2.98 2.50
total current assets 61.22 71.72 96.89 214.65 275.83
sundry creditors 37.56 41.26 48.23 57.55 95.00
no. of days 30.59 30.13 29.77 28.01 37.49
other creditors 0.71 0.81 1.00 2.00 2.50
total current liabilities 38.27 42.07 49.23 59.55 97.50
working capital gap 22.95 29.65 47.66 155.10 178.33
25% of total current assets 15.31 17.93 24.22 53.66 68.96
available working capital surplus 22.95 29.65 47.66 65.10 88.33
MPBF ( WCG-25% of TCA) 7.64 11.72 23.44 101.43 109.38
MPBF ( WCG-Available NCA) 0.00 0.00 0.00 90.00 90.00
A/c : M/s. Ravinder Pal Singh Wi Rs. in Lacs
31.03.1331.03.1431.03.1531.03.16 31.03.14
PROFITABILITY
12 12 12 12 12
STATEMENT
rovisional Projectedprojected ProjectedAccepted by us
1. Net Sales 249.12 660.00 739.20 842.69
1.1 Export Sales 0.00 0.00 0.00 0.00
1.2 Domestic Sales (Gross) 249.12 660.00 739.20 842.69
1.3 Total Sales 249.12 660.00 739.20 842.69
1.4 Less : Excise Duty 0.00 0.00 0.00 0.00
2. Other Operating Income 0.00 0.00 0.00 0.00
3. Total income 249.12 660.00 739.20 842.69
4. Trading Cost 195.38 515.95 577.69 657.17
4.1 Opening Stock 0.00 99.54 125.00 128.00
4.2 Add: Purchases 294.92 535.35 573.18 655.08
4.3 Less : Closing Stock 99.54 125.00 128.00 135.00
4.4 Misc. Trading Expenses 0.00 0.00 0.00 0.00
4.5 Other Manufacturing Exps 0.00 6.06 7.51 9.09
5. Gross Margin 53.74 144.05 161.51 185.52
6. Selling Admin & Gen Exps 49.30 107.00 116.00 137.00
6.1 Selling, Admin & Gen. Exp 49.30 107.00 116.00 137.00
6.2. Admin & Gen Exps 0.00 0.00 0.00 0.00
7. Op Profit before Intt & Dep 4.44 37.05 45.51 48.52
8. Interest & Finance Exps 0.00 13.65 20.80 20.80
9. Cash Operating Margin 4.44 23.40 24.71 27.72
10. Depreciation 0.86 2.77 2.50 2.25
11. Amortisation 0.00 0.00 0.00 0.00
12. Operating Profit 3.58 20.63 22.21 25.47
13. Non-operating Surplus /Defici 0.00 0.00 0.00 0.00
14. Profit before Tax 3.58 20.63 22.21 25.47
15. Provision for tax 0.00 6.19 6.66 7.64
16. Net profit 3.58 14.44 15.55 17.83
17. Deferred Tax Liability 0.00 0.00 0.00 0.00
18. Retained Profit 3.58 14.44 15.55 17.83
19. Cash Generation 4.44 17.21 18.05 20.08
20. Retained Cash Earning 4.44 17.21 18.05 20.08
STATEMENT OF 31.03.1331.03.1431.03.1531.03.16
FINANCIAL POSITION rovisional Projectedprojected Projected
1. Fixed Assets (Net) 4.71 6.94 4.44 2.19
1.1 Written Down Value 5.57 10.57 10.57 10.57
1.2 Depreciation 0.86 3.63 6.13 8.38
1.3 Capital work-in-progress 0.00 0.00 0.00 0.00
 2. Investments 0.00 0.00 0.00 0.00
3. Non-current Assets 0.00 68.00 45.00 60.00
3.1 Security 0.00 0.00 0.00 0.00
3.2 Others (FDs)_ 0.00 68.00 45.00 60.00
4. Current Assets 125.84 300.48 327.26 334.58
4.1 Cash & Bank Balance 5.24 24.91 34.26 32.70
4.2 Sundry Debtors 0.00 20.00 40.00 40.00
4.3 Inventories 99.54 125.00 128.00 135.00
4.4 Other Current Assets 21.06 130.57 125.00 126.88
5. Current Liabilities 21.14 201.92 209.65 223.89
5.1 Others 0.00 0.00 0.00 0.00
5.2 Sundry Creditors 19.86 66.92 71.65 81.89
5.3 Misc CL & Provisions 1.28 15.00 18.00 22.00
5.4 Sub-total 21.14 81.92 89.65 103.89
Working Capital Gap 104.70 218.56 237.61 230.69
5.8 Short Term Bank Borrowing 0.00 120.00 120.00 120.00
6. Net Current Assets 104.70 98.56 117.61 110.69
7. TOTAL ASSETS 109.41 173.50 167.05 172.88
8. Term Liabilities 0.00 0.00 0.00 0.00
8.1 Secured Loans 0.00 0.00 0.00 0.00
8.2 DTL 0.00 0.00 0.00 0.00
8.3 Unsecured Loans 0.00 20.00 40.00 40.00
9. Shareholders' Funds (TNW) 109.41 133.50 87.05 92.88
9.1 Capital 36.48 44.06 46.50 50.05
9.2 Share application Money 0.00 0.00 0.00 0.00
9.3 Reserves & Surplus (excl 3.58 14.44 15.55 17.83
9.4 Unsec Loan form Related Par 69.35 75.00 25.00 25.00
9.5 Revaluation Reserves (-) 0.00 0.00 0.00 0.00
9.6 Intangible Assets (-) 0.00 0.00 0.00 0.00
10. TOTAL SOURCES 109.41 133.50 87.05 92.88
A/c : M/s. Ravinder Pal Sin 0.00 (40.00) (80.00) (80.00)
Current Ratio 5.95 1.49 1.56 1.49
Debt Equity Ratio 0.00 0.00 0.00 0.00
TOL/TNW 0.19 1.51 2.41 2.41
Inventory velocity (Months) 4.05 2.80 2.68 2.47
Creditor Velocity (Months) 0.81 1.50 1.50 1.50
Debtor Velocity (Months) 0.00 0.36 0.65 0.57
Sales Growth% #DIV/0! 164.93 12.00 27.68
Gross profit to net sales % 21.57 21.83 21.85 22.02
Net profit to net sales% 1.44 2.19 2.10 2.12
PBDIT 4.44 37.05 45.51 48.52
PBIT 3.58 34.28 43.01 46.27
PBDIT/INTEREST #DIV/0! 2.71 2.19 2.33
ROCE ( PBIT/AVER CAP) 3.27 13.52 20.77 21.74

holding Period 31.03.1331.03.1431.03.1531.03.16 31.03.14

Provisional
Projected
projectedProjectedAccepted by us
Inventory 99.54 125.00 128.00 135.00
no. of days 185.96 88.43 90.55 74.98
Receivables 0.00 20.00 40.00 40.00
no. of days 0.00 11.06 19.75 17.33
other current assets 26.30 155.48 159.26 159.58
total current assets 125.84 300.48 327.26 334.58
sundry creditors 19.86 66.92 71.65 81.89
no. of days 24.58 45.63 45.63 45.63
other creditors 1.28 15.00 18.00 22.00
total current liabilities 21.14 81.92 89.65 103.89
working capital gap 104.70 218.56 237.61 230.69
25% of total current assets 31.46 75.12 81.82 83.65
available working capital surplus(NCA 104.70 98.56 117.61 110.69
MPBF ( WCG-25% of TCA) 73.24 143.44 155.80 147.05
MPBF ( WCG-Available NCA) 0.00 120.00 120.00 120.00
pted by us
Calculation of MPBF through Turnover Method
Particulars FY 2012-13FY 2013-14FY 2014-15
Sales 463.62 521.15 800.00
WC Requirement (25% of Sales) A 115.91 130.29 200.00
Margin (5% of Sales) B 23.18 26.06 40.00
Net Working Capital C 22.95 29.65 65.10
MPBF [A-(Higher of B or C)] 92.96 100.64 134.90

Computation of BG requirement is as under: -

Particulars Rs. in Cr.
Outstanding Balance of BG as on
BG required for fresh Contracts
Earnest Money Deposit (EMD)
BG in lieu of Security Deposit & others
Total 0.00
Less Guarantees to expire on maturity from existing
guarantees issued
BG Limit required 0.00
Say

Computation of LC requirement is as under: -

Particulars Rs. in Cr.
Total purchase of Raw Materials expected during 1300.00
2011-12 (Rs.
Expected In lacs)
Import/Domestic purchase under L/C 450.00
Average Time lag between date of opening LC to date 10.00
of shipment
Average Time(days)
lag between date of Shipment to date 20.00
of Receipt
Time lag between date of Receipt to date of Maturity 60.00
Usance Period : ( 4 + 5) 80.00
Period from date of LC to date of Maturity ( 3+4+5) 90.00
Requirement of L/C: (2 *7 / 365) (Rs. 110.00
In lacs)Outstanding as on date
LC limit Nil
Limit sought by the borrower and recommended by 100.00
Branch (Rs. In lacs) by us
Limit Recommended 100.00

B. Calculation of Bank Guarantee:-

Particulars Rs in Lac
Outstanding Balance of BG as on date 0.00
BG required for fresh Contracts (5% of the sales 0.00
ordered for which BG is required is Rs.1180.00 lakh )
Total BG required 0.00
Less:- BG maturing in current financial year 0.00
BG limit required for the FY 2011-12 0.00
Bank Guarantee limit applied by the borrower 0.00
Limit recommended by us 0.00

Particulars (Amount
in Lacs)
Total orders for this financial years projections (F.Y 0.00
2012-13)
For Earnest Money (Average 5%) 0.00
For Performance (Average 10%) 0.00
For Retention Money (Average 10%) 0.00
Total Bank Guarantee Limit required 0.00
Bank Guarantee Limit proposed
Total Bank Guarantee Limit considered
FY 2013-14
FY 2014-15
350.00 500.00
87.50 125.00
17.50 25.00
93.45 118.55