Borrower's Name: M/S RAM CORNER

OPERATING STATEMENT
As per Profit & Loss Account for the year

Audited Estimated Projected ProjectedProj

31.03.2024 31.03.2025 31.03.2026 31.03.2027

31.03.20
1. Gross Sales 287.63 341.50 409.80 491.76
###
2. Less: Excise Duty 0.00 0.00 0.00 ###
0.00
3. Net Sales 287.63 341.50 409.80 491.76
###
Add: Other Direct Income 2.27 0.00 0.00 ###
0.00
Total Receipts 289.90 341.50 409.80 491.76
###
Year-wise percentage increase in net 0.00% 17.80% 20.00% 20.00%
###
4. Cost Of Sales
a) Raw Materials (Incl. Stores)
- Imported 0.00 0.00 0.00 ###
0.00
- Indigenous 248.48 301.00 383.00 456.00
###
b) Diesel 0.00 0.70 0.80 ###
0.90
c) Electricity 0.00 1.20 1.50 ###
1.80
d) LPG 0.00 3.00 3.50 ###
4.00
e) Wages 0.00 5.00 6.00 ###
7.00
f) Other Manf.Exp. 0.00 0.36 0.50 ###
0.65

g) Depreciation 1.57 1.16 0.99 ###

0.84
250.05 312.42 396.29 471.19
###
Add: Opening Stock in Progress 0.00 0.00 0.00 ###
0.00
250.05 312.42 396.29 471.19
###
Less:Closing Stock in Process 0.00 0.00 0.00 ###
0.00
Cost of production 250.05 312.42 396.29 471.19
###
Add: Opening Stock of Finished Goo 77.09 95.90 100.00 120.00
###
327.14 408.32 496.29 591.19
###
Less:Closing Stock of Finished Goods 95.90 100.00 120.00 140.00
###
Cost of Sales 231.24 308.32 376.29 451.19
###
5. Gross Profit (3-4) 58.66 33.18 33.51 40.57
###
% 20.40% 9.72% 8.18% 8.25%
###
6. Selling,general & Administrative E 43.08 12.58 9.48 12.18
###
7. Interest - Term Loan 0.00 0.00 0.00 ###
0.00
-Working Capital 1.49 2.60 3.00 ###
3.00
-Others 0.00 0.00 0.00 ###
0.00
44.57 15.18 12.48 15.18
###
8. Operating Profit 14.09 18.00 21.03 25.39
###
9. Other Income/Expenses
Add: Income 0.00 0.00 0.00 ###
0.00
Less: Expenses 0.00 0.00 0.00 ###
0.00
0.00 0.00 0.00 ###
0.00
10.Profit Before Tax/(Loss) (8+9) 14.09 18.00 21.03 25.39
###
Less: Provision for Dev.Rebate/Inv 0.00 0.00 0.00 ###
0.00
Less: TAX PAID 0.00 0.00 0.00 ###
0.00
11.Net Profit 14.09 18.00 21.03 25.39
###
% 4.90% 5.27% 5.13% 5.16% ###
Borrower's Name: M/S RAM CORNER
ANALYSIS OF BALANCE SHEET

LIABILITIES Audited Estimated Projected ProjectedProj

31.03.2024 31.03.2025 31.03.2026 31.03.2027
31.03.20
Current Liabilities
1. Short Term Borrowings from Banks

a) From Bank of Baroda 0.00 26.00 26.00 26.00

###
b) From Other Banks 0.00 0.00 0.00 ###
0.00
Sub Total (A) 0.00 26.00 26.00 26.00
###
2. Short Term Borrowings from other 0.00 0.00 0.00 ###
0.00

3. Deposits Maturing in one Year 0.00 0.00 0.00 ###

0.00
4. Sundry Creditors (Trade) 30.83 30.00 35.00 38.00
###
5. Unsecured Loans 0.00 0.00 0.00 ###
0.00
6. Advances/Progress Payments from 0.00 0.00 0.00 ###
0.00

7. Interest and other Charges accrue 0.00 0.00 0.00 ###

0.00

8. Provision For Taxation 0.00 0.00 0.00 ###

0.00
9. Dividends Payable 0.00 0.00 0.00 ###
0.00
10.Other Statutory Liabilities (due in 0.00 0.00 0.00 ###
0.00

11.Instalments of Term Loans/ (BOB 0.00 0.00 0.00 ###

0.00

12 Other Current Liabilities & Provisi 1.39 0.24 0.24 ###

0.24

Sub Total (B) 32.21 30.24 35.24 38.24

###
13 Total Current Liabilities(A+B) 32.21 56.24 61.24 64.24
###
Term Liabilities
14. Debentures (not maturing in one 0.00 0.00 0.00 ###
0.00

15. Redeemable Preference Shares m 0.00 0.00 0.00 ###

0.00

16. Term Loans (Repayable after on 0.00 0.00 0.00 ###

0.00
16a Borrowings From Gr. Cos. Directo 90.07 90.00 90.00 90.00
###

17. Deferred Payment Credits 0.00 0.00 0.00 ###

0.00
18. Term Deposits (Repayable after 0.00 0.00 0.00 ###
0.00

19. Other Term Liabilities 0.00 0.00 0.00 ###

0.00
20. Total Term Liabilities (total of it 90.07 90.00 90.00 90.00
###

21. Total Outside Liabilities (13+20) 122.28 146.24 151.24 154.24

###

Net Worth
22. Ordinary Share Capital 53.87 69.87 87.40 108.29
###
23. Preference Share Capital 0.00 0.00 0.00 ###
0.00
(maturing after 12 years)
24. Capital Invested 0.00 0.00 0.00 ###
0.00
25. Deferred Tax Liabilties
Investment allowance 0.00 0.00 0.00 ###
0.00
26. less Drawings 0.00 0.00 0.00 ###
0.00
27. Surplus/(Deficit) in P&L A/C 0.00 0.00 0.00 ###
0.00
28. Net Worth (total of 22 to 27) 53.87 69.87 87.40 108.29
###
29. Total Liabilities (21 to 28) 176.15 216.11 238.64 262.53
###

0.00 0.00 0.00 ###

0.00
Borrower's Name: M/S RAM CORNER
ANALYSIS OF BALANCE SHEET

ASSETS Audited Estimated Projected ProjectedProj

31.03.2024 31.03.2025 31.03.2026 31.03.2027
31.03.20
Current Assets:
30. Cash and Bank Balances 6.24 8.96 11.96 16.16
###
31. Investments (Other than Long Term investmenst)

a) Govt. & Others 0.00 0.00 0.00 ###

0.00
b) FDs in Banks 0.00 0.00 0.00 ###
0.00
32. Receivables other than deferred -1.22 30.00 30.00 30.00
###

b) Export Receivables 0.00 0.00 0.00 ###

0.00
33. Instalment of Deferred Rec.
34. Inventory:
a) Raw Materials - Imp. 0.00 0.00 0.00 ###
0.00
(incl Stores) - Ind. 0.00 0.00 0.00 ###
0.00
b) Stocks in Process 0.00 0.00 0.00 ###
0.00
c) Finished Goods 95.90 100.00 120.00 140.00
###
d) Other Consumable Spares 0.00 0.00 0.00 ###
0.00
e) Goods in Transit 0.00 0.00 0.00 ###
0.00
35. Advances to Suppliers or raw ma 57.08 60.00 60.00 60.00
###

36. Advance Payment of Taxes 0.00 0.00 0.00 ###

0.00
37. Other Current Assets 0.00 0.00 0.00 ###
0.00

38. Total Current Assets (total from 158.00 198.96 221.96 246.16
###
Fixed Assets
39. Gross Block (Land, Building, Mach 7.76 6.60 5.61 ###
4.77

40. Depreciation to date 0.00 0.00 0.00 ###

0.00
41. Net Block (39-40) 7.76 6.60 5.61 ###
4.77
42. Investments/book debts/ad vances deposits which are not current assets/not current assets:

a) investments in subsidiary comp 10.39 10.55 11.07 11.60

###

b) Loang Term Advances 0.00 0.00 0.00 ###

0.00

c) Debtors more than 6 months 0.00 0.00 0.00 ###

0.00

43 Non Consumable stores 0.00 0.00 0.00 ###

0.00

44. Other Misc. Assets - Security Dep 0.00 0.00 0.00 ###
0.00

45. Total Non Current Assets (42+4 10.39 10.55 11.07 11.60
###

46. Intangible Assets (Patents Goodw 0.00 0.00 0.00 ###

0.00

47. Total Assets (38+41+45+46) 176.15 216.11 238.64 262.53

###

48. Tangible Net Worth (28-46) 53.87 69.87 87.40 108.29

###

49. Net Working Capital(38-13) 125.79 142.72 160.72 181.92

###

Check - Total Asset 0.00 0.00 0.00 ###

0.00
Borrower's Name: M/S RAM CORNER
H H H H H
FUND FLOW STATEMENT
Audited Estimated Projected ProjectedProj

31.03.2024 31.03.2025 31.03.2026 31.03.2027

31.03.20
Sources:
Profit Before Tax 14.09 18.00 21.03 25.39
###
Add: Depreciation 1.57 1.16 0.99 ###
0.84
Investment Allowance 0.00 0.00 0.00 ###
0.00
Gross Funds Generated 15.66 19.16 22.02 26.23
###
Less: Taxes Paid/Payable 0.00 0.00 0.00 ###
0.00
: Dividends Paid/Payable
Add : Preliminary Expenses 0.00 0.00 0.00 ###
0.00
A- Sub Total (Net Funds Generated) 15.66 19.16 22.02 26.23
###
Increase in :
a) Capital 39.78 0.00 0.00 ###
0.00
b) Reserves 0.00 0.00 0.00 ###
0.00
b) TL/Deb/Deferred Payments 0.00 0.00 0.00 ###
0.00
c) Public Deposits 0.00 0.00 0.00 ###
0.00
d) Other Term Liab./Unsecured Loan 90.07 0.00 0.00 ###
0.00
Decrease in :
a) Fixed Assets 0 1.16 0.99 ###
0.84
b) Int.Corp.Invt.& Advances for Cap.Goods
c) Other Non Current Assets 0.00 0.00 0.00 ###
0.00

B - Sub Total 129.84 1.16 0.99 ###

0.84

Increase in Short Term Bank Borrowi 0.00 26.00 0.00 ###

0.00
Increase in Sundry creditors 30.83 0.00 5.00 ###
3.00
Increase in Other Current Liabilities 1.39 0.00 0.00 ###
0.00
Decrease in Inventory 0.00 0.00 0.00 ###
0.00
Decresae in Receivables 1.22 0.00 0.00 ###
0.00
Decrease in Other Current Assets 0.00 0.00 0.00 ###
0.00

C - Sub Total 33.43 26.00 5.00 ###

3.00

Total Funds Available (A+B+C) 36.04 26.00 5.00 ###

3.00

Uses:
Increase in Fixed Assets 7.76 0.00 0.00 ###
0.00
Decrease in :
a) TL/Deb/Deferred Payment 0.00 0.00 0.00 ###
0.00
b) Public Deposits 0.00 0.00 0.00 ###
0.00
c) Capital 0.00 2.00 3.50 ###
4.50
d) Other Term Liabilities/unsecured 0.00 0.07 0.00 ###
0.00
Increase in Inter Corporate Invst.& Advances
Increase in other Non Current Assets 10.39 0.16 0.52 ###
0.53
D - Sub Total 18.15 2.23 4.02 ###
5.03
Borrower's Name: M/S RAM COR H H H H H

FUND FLOW STATEMENT

Audited Estimated Projected ProjectedProj

31.03.2024 31.03.2025 31.03.2026 31.03.2027

31.03.20
Decrease in Sundry creditors 0.00 0.83 0.00 ###
0.00
Decrease in Short Term Bank Borrow 0.00 0.00 0.00 ###
0.00
Decrease in Other Curent Liabilities 0.00 1.15 0.00 ###
0.00
Increase in Inventory 95.90 4.10 20.00 20.00
###
Increase in Receivables 0.00 31.22 0.00 ###
0.00
Increase in Other Current Assets 63.32 5.64 3.00 ###
4.20

E - Sub Total 159.22 42.93 23.00 24.20

###
Loss 0.00 0.00 0.00 ###
0.00

Less: Invest. Allowances

Depreciation
Balance Gross Funds Lost (-) or 0.00 0.00 0.00 ###
0.00
Gr.Funds Generated (+)
Add: taxes Payable/Paid 0.00 0.00 0.00 ###
0.00
: Divd. Payable/Paid
F - Sub Total 0.00 0.00 0.00 ###
0.00

G - Net Funds Lost 0.00 0.00 0.00 ###

0.00
(if F is -ve)
Total Funds Used (D+E+G) 177.37 45.16 27.02 29.23
###

Summary

Long Term Resources 145.51 20.32 23.01 27.07

###
(A+B+F,if Fis +ve)

Less: Long Term Uses 18.15 2.23 4.02 ###

5.03
(D+G)

Surplus(+)/Shortfall(-) 127.36 18.09 18.99 22.04

###

Short Term Sources (C) 33.43 26.00 5.00 ###

3.00
Less: Short Term Uses (E) 159.22 42.93 23.00 24.20
###

Surplus(+)/Shortfall(-) -125.79 -16.93 -18.00 -21.20

###

1.57 1.16 0.99 ###

0.84

nwc diff 125.79 16.93 18.00 21.20

###
check -1.57 -1.16 -0.99 -0.84
###
 Audited Estimated Projected Projected
31.03.2024 31.03.2025 31.03.2026 31.03.2027
a) Balance Sheet Data / Capital Structure
Paid up Capital
a) Equity Share Capital 53.87 69.87 87.40 108.29
b) Preference Share Capital 0.00 0.00 0.00 0.00
Reserves & Surplus (Excl. Revaluation
reserves and net of intangible assets) 0.00 0.00 0.00 0.00
Profit & Loss A/C 0.00 0.00 0.00 0.00
Tangible Networth 53.87 69.87 87.40 108.29
Deferred tax Liability 0.00 0.00 0.00 0.00
Adjusted Net worth 53.87 69.87 87.40 108.29
Net Owned fund 43.48 59.32 76.33 96.69
Term Liabilities 90.07 90.00 90.00 90.00
Term Loan 0.00 0.00 0.00 0.00
Unsecured Loan 90.07 90.00 90.00 90.00
Others 0.00 0.00 0.00 0.00
Capital Employed 143.94 159.87 177.40 198.29
Net Block 7.76 6.60 5.61 4.77
Funds Invested outside Business 10.39 10.55 11.07 11.60
Current Assets 158.00 198.96 221.96 246.16
Inventories 95.90 100.00 120.00 140.00
Debtors -1.22 30.00 30.00 30.00
Cash & Bank Balance 6.24 8.96 11.96 16.16
Other Current Assets 57.08 60.00 60.00 60.00
Current Liabilities 32.21 56.24 61.24 64.24
Creditors 30.83 30.00 35.00 38.00
Bank Borrowings 0.00 26.00 26.00 26.00
TL Payable in one year 0.00 0.00 0.00 0.00
Other Liabilities/provisions 1.39 0.24 0.24 0.24
Net Current Assets 125.79 142.72 160.72 181.92
Capital Deployed 143.94 159.87 177.40 198.29
b) Operational Data
Gross Sales 287.63 341.50 409.80 491.76
Less: Excise / Sales Tax 0.00 0.00 0.00 0.00
Net Sales 287.63 341.50 409.80 491.76
Of which exports
Other Income 0.00 0.00 0.00 0.00
Cost of goods sold 229.67 307.16 375.30 450.35
Adm. & Selling Expenses 43.08 12.58 9.48 12.18
Depreciation 1.57 1.16 0.99 0.84
Interest 1.49 2.60 3.00 3.00
Net Profit before Tax 14.09 18.00 21.03 25.39
Tax provisions 0.00 0.00 0.00 0.00
Net Profit After Tax 14.09 18.00 21.03 25.39
Dividend/Drawings 2.63 2.00 3.50 4.50
Cash Accruals 13.03 17.16 18.52 21.73

Profitability Ratio
(PBT/Sales) % 4.90 5.27 5.13 5.16
PAT / NS (%) 4.90 5.27 5.13 5.16
Return on capital employed 0.10 0.11 0.12 0.13
Current Ratio (Considering TL Inst.) 4.91 3.54 3.62 3.83
Current Ratio ( without Considering TL I 4.91 3.54 3.62 3.83
DE Ratio ( TTL / Tangible Net worth) 1.67 1.29 1.03 0.83
DE Ratio ( TOL / Tangible Net worth) 2.27 2.09 1.73 1.42
Inventory Holding Level 151.37 118.38 116.40 113.26
Debtors Holding Level -1.55 32.06 26.72 22.27
Interest Coverage Ratio 11.52 8.37 8.34 9.74
Calculation of MPBF Audited Estimated Projected Projected
31.03.2024 31.03.2025 31.03.2026 31.03.2027

Current Assets 158.00 198.96 221.96 246.16

Current liabilities- Bank Borrowings 32.21 30.24 35.24 38.24
WCG 125.79 168.72 186.72 207.92
Bank Borrowings 0.00 26.00 26.00 26.00
Total Current Liabilities 32.21 56.24 61.24 64.24
NWC 125.79 142.72 160.72 181.92
25% of WCG 31.45 42.18 46.68 51.98
PBF 0.00 26.00 26.00 26.00
Excess Borrowings if any 0.00 0.00 0.00 0.00

Calculation of PBF Audited Estimated Projected Projected

31.03.2024 31.03.2025 31.03.2026 31.03.2027
T/O 287.63 341.50 409.80 491.76
31.25% of T/O 89.88 106.72 128.06 153.68
6.25% of T/O 17.98 21.34 25.61 30.74
NWC 125.79 142.72 160.72 181.92
PBF 71.91 85.38 102.45 122.94

Calculation of DSCR Audited Estimated Projected Projected

31.03.2024 31.03.2025 31.03.2026 31.03.2027

Net.Profit 14.09 18.00 21.03 25.39

Depreciation 1.57 1.16 0.99 0.84
T/L Interest 0.00 0.94 0.71 0.51
Total-A 15.66 20.10 22.73 26.74
T/L Interest 0.00 0.00 0.00 0.00
Installment 0.00 1.95 1.95 1.95
Total-B 0.00 1.95 1.95 1.95
A/B #DIV/0! 10.31 11.66 13.71
Avg.dscr

Movement in TNW:- Audited Estimated Projected Projected

31.03.2024 31.03.2025 31.03.2026 31.03.2027

Opening TNW 0.00 53.87 69.87 87.40

Add: Profit After Tax 14.09 18.00 21.03 25.39
Add: Increase in Equity/Share 39.78 0.00 0.00 0.00
Premium/ Share Application
Money/subsidy reserve assets
Add/change in intangible 0.00 0.00 0.00 0.00
Adjust- Prior year expenses (deferred 0.00 0.00 0.00 0.00
tax)
Deduct- Drawings 0.00 2.00 3.50 4.50
Any other item Deferred Tax 0.00 0.00 0.00 0.00
Closing TNW 53.87 69.87 87.40 108.29
Inventory etc./ Holding period Audited Estimated Projected Projected
31.03.2024 31.03.2025 31.03.2026 31.03.2027
Raw Material 0 0 0 0
Work in process 0 0 0 0
Finished Goods 151 118 116 113
Debtors -2 32 27 22
Total 150 150 143 136
Creditors 45 36 33 30

Audited Estimated Projected Projected

Calculation of DP 31.03.2024 31.03.2025 31.03.2026 31.03.2027
Stocks 95.90 100.00 120.00 140.00
Less Creditors 30.83 30.00 35.00 38.00
65.07 70.00 85.00 102.00
Less 25 margin on stock 16.27 17.50 21.25 25.50
DP 48.81 52.50 63.75 76.50
Debtors -1.22 30.00 30.00 30.00
Less 40 Margin -0.49 12.00 12.00 12.00
DP -0.73 18.00 18.00 18.00
Total DP 48.07 70.50 81.75 94.50

Calculation of FACR 31.03.2024 31.03.2025 31.03.2026 31.03.2027

Net Block 7.76 6.60 5.61 4.77
TL 0.00 0.00 0.00 0.00
FACR #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Quasi DE Ratio (TOL/TNW) 0.22 0.35 0.35 0.32

Quasi Capital 53.87 69.87 87.40 90.00

TOL - Quasi Capital 68.41 76.37 63.84 64.24
TNW + Quasi Capital 107.74 139.74 174.80 198.29
Quasi DE Ratio (TOL/TNW) 0.63 0.55 0.37 0.32