A PROJECT REPORT OF STONE MINES (Ordinary Stones) AT KOTA Promoter : SHRI SARJU PRASAD MISHRA Compiled by: P.L.AGRAWAL & ASSOCIATES CHARTERED ACCOUNTANTS OD 1 SUPER MARKET AGRASEN CHOWK BILASPUR (C.G.) PH.NO. 07752 409896,9827112330 E mail plagrawal_92@yahoo.co.in
Name of Unit PROJECT PARTICULARS Project Address VILLAGE KOTA P.O. KARGIROAD TEHSIL KOTA DISTT BILASPUR Proprietor SHRI SARJU PRASAD MISHRA S/O SHRI SHIV PRASAD MISHRA Product Stone (Ordinary) Minig Lease Area Cost of Project 5.00 ACRE Rs.183000/-
NAME Age Address PROMOTER'S PROFILE SHRI SARJU PRASAD MISHRA S/O SHRI SHIV PRASAD MISHRA 40 Years 206, SECOND FLOOR SIDDH SIKHAR APARTMENT RING ROAD 2 NEAR SHANTI NAGAR BILASPUR CHHATTISHGARH Contact no. 94241 58587
INTRODUCTION This project details deals with economic feasibility of Ordinary Stone Mines at Vill Kota Tehsil - Kota Distt Bilaspur (C.G.) PROPRIETOR Proprietor of the unit is Shri Sarju Prasad Mishra S/o Shri Shiv Prasad Mishra resident of Ring Road -2 Bilaspur Distt Bilaspur (C.G.) MINING (Quarry ) LEASE Proprietor had obtained mining lease for mining of Ordinary stones on Gov t Revenue Land area 5.00 Acre at Khasra No. 672/1 Ph No. 14 Revenue Kota Tehsil Kota Distt- Bilaspur Lease deed Registered on 07/06/2012 for the period of 10years i.e. 31/05/2012 to 30/05/2022. LOCATION Above proposed Mining land is connected by approach road any transport vehicle can reach there easily. PRODUCT Unit will Mine the Ordinary stones from lease hold mines allotted by state Gov t. MARKET Stone lums in small sizes obtained from mines will be sold to crusher owners and Civil Contractors,Various civil works like construction of Residential houses, office and school buildings, roads, bridge, culverts etc. are under construction and/or proposed in the area as well as in whole Chhatishgarh In view of these product have good market in Kargiroad (Kota) Belgahna and Bilaspur area P L AGRAWAL & ASSOCIATES
STONE MINING Stone lums broken through Hired Stone Brakers,then broken into small sizes through Manual labours with the Help of Hand Tools Thereafter it will be lifted to transport vehicle for sale/dispatch LABOUR All type of labours skilled and unskilled available in the area locally. WATER Water required for drinking water for employees/ labours will be arranged and Stored at project site in Plastic Water Tank, water sprinkling will be done through pipe. Power No Electricity connection required as all work will be done manually. Environment Protection Sufficient No. of Tress will be planted at surrounding of Mines area as well as near by suitable place to protect from Air Pollution. Social Responsibility Promoter will provide employment to local resident labours in his moning works. Promoter will also take care of Health of Labours for which regular Health checkups will conducted through competent Doctors, Promoter will also arrange health checkup and free distribution of medicines to near by village residents. Land area Restoration After Mining of Lease hold area land will be filled up with Fly Ash up to upper ground level, and make it water pond to irrigate the nearby area. P L AGRAWAL & ASSOCIATES
COST OF PROJECT AMOUNT BUILDING & OTHER ASSETS 8000.00 PLANT & MACHINERY 30000.00 PREOPRATIVE EXPS 25000.00 WORKING CAPITAL 120000.00 TOTAL 183000.00 MEANS OF FINANCE AMOUNT PROMOTOR'S CAPITAL 183000.00 TOTAL 183000.00 P L AGRAWAL ASSOCIATES
Building & Other assets Plastic Water Tank 8000 Total 8000 Plant & Machinery Particulars Qtty Sets Rate Amount Hand Tools 10 3000 30000.00 Grand Total 30000.00 Preoperative Exps. Lease Registration Exps 15000.00 Misc. Exps. 3000.00 Legal & Professional Exps 4000.00 Printing & Stationery 2000.00 Travelling & Conveyance exps 1000.00 Total 25000.00 P L AGRAWAL ASSOCIATES
Production at 100% capacity No of Working Days 200 Particulars Qtty Per day (MT) Total Rate(Per MT) Amount Ordinary Stones 50 10000 200 2000000 2000000 Annual Sales Year 1 2 3 4 5 Capacity Utilisation 60% 70% 80% 80% 80% Production 6000 7000 8000 8000 8000 Add Op Stock 0 375 437.5 500 500 Less Cl Stock 375 437.5 500 500 500 Sales 5625 6937.5 7937.5 8000 8000 Rate 225 225 225 225 225 Amount 1265625 1560937.5 1785937.5 1800000 1800000 Direct Exps Employees Salary Nos Per Month Supervisor 1 7200 86400.00 Unskilled 10 5400 432000.00 Total 518400.00 Indirect Exps. Office Clerk 1 48000.00 Travelling & Conveyance 9600.00 Telephone exps. 12000.00 Printing & Stationery 1200.00 Misc. Exps. 60000.00 Total 130800.00 P L AGRAWAL ASSOCIATES
WORKING CAPITAL Period Amount Year 1 2 3 4 5 Finished Goods 15 Days 38880.00 42768.00 46656.00 46656.00 46656.00 Expenses 1 Month 81150.00 89265.00 97543.50 99521.85 101698.04 TOTAL 120030.00 132033.00 144199.50 146177.85 148354.04 R/o 120000.00 BREAK EVEN POINT At 80 % CAPACITY FIXED COST X 100 SALES - VARIABLE COST 144000 X100 1800000 1321825 = 30.11% BEP AT 100 % CAPACITY 24.09% P L AGRAWAL ASSOCIATES
VILL KOTA TEHSIL KOTA DISTT- BILASPUR BALANCE SHEET Liebilities Year 1 2 3 4 5 Projected Projected Projected Projected Projected (Rs) (Rs) (Rs) (Rs) (Rs) Opening Capital 183000 290880 478062 715940 937385 Add: Profit For the year 155880 241182 303878 293445 278563 Less Withdrawals 48000 54000 66000 72000 84000 Total 290880 478062 715940 937385 1131949 Total 290880 478062 715940 937385 1131949 Assets Fixed Assets Gross Block 63000 63000 63000 63000 63000 Less Depreciation 9050 16783 23391 29041 33872 Net Block 53950 46218 39609 33959 29128 Working Capital Current Assets Stock of finished goods 38880 42768 46656 46656 46656 Cash & Bank Balances 198050 389076 629675 856770 1056165 Total 236930 431844 676331 903426 1102821 Less Current Liabilities Sundry Creditors 0 0 0 0 0 Total 236930 431844 676331 903426 1102821 Grand Total 290880 478062 715940 937385 1131949 0 0 0 0 0 P L AGRAWAL ASSOCIATES
VILL KOTA TEHSIL KOTA DISTT- BILASPUR PROFIT & LOSS ACCOUNT Particulars Year 1 2 3 4 5 Projected Projected Projected Projected Projected (Rs) (Rs) (Rs) (Rs) (Rs) Capacity Utilisation 60% 70% 80% 80% 80% Gross Receipts 1265625 1560938 1785938 1800000 1800000 Cost Royalty 354375 437063 500063 504000 504000 Wages & Salary 518400 570240 622080 622080 622080 Mining Exps 120000 140000 160000 160000 160000 Total Cost 992775 1147303 1282143 1286080 1286080 Add Opening Stock 38880 42768 46656 46656 Less Closing Stock 38880 42768 46656 46656 46656 Gross Profit 311730 417523 507683 513920 513920 Administrative Expenses 130800 143880 158268 174095 191504 Plantation Exps 8000 10000 12000 15000 15000 Social Responsibility Exps 8000 10000 15000 15000 15000 Depreciation 9050 7733 6609 5650 4831 Total 155850 171613 191877 209745 226336 Profit Before Tax 155880 245911 315806 304175 287584 Income Tax 0 4729 11928 10730 9021 Profit After Tax 155880 241182 303878 293445 278563 Add Depreciation 9050 7733 6609 5650 4831 Cash Profit 164930 248914 310487 299095 283395 P L AGRAWAL ASSOCIATES
DEPRECIATION YEAR PARTICULARS Building Plant & Machin ery TOTAL Cost 8000 30000 38000 Preoperative Exps. 0 25000 25000 COST 8000 55000 63000 Rate 10.00% 15.00% 1 Dep. 800 8250 9050 WDV 7200 46750 53950 2 Dep. 720 7013 7733 WDV 6480 39738 46218 3 Dep. 648 5961 6609 WDV 5832 33777 39609 4 Dep. 583 5067 5650 WDV 5249 28710 33959 5 Dep. 525 4307 4831 WDV 4724 24404 29128 P.L.AGRAWAL ASSOCIATES