PROPOSAL

FOR

Ready Mix Concrete Plant at

Rajarhat New Towen Area

FOR NWELOOK INTEX NIRMAN PVT LTD.

IN

KOLKATA

WEST BENGAL

August 2007

PREPARED BY NEWLOOK INTEX NIRMAN PVT. LTD.

Corporate Office :

M.B.TOWER , 299 -BARAKHOLA

KOLKATA – 700 099

033-2426 4786 , TELE-FAX 033-2426 4785

E-mail: parthade_1972@ sify.com

RMC : Concept and its Prospectus :-

RMC or Ready Mix Concrete is the latest concept of easing out the operations for a big

concreting job. Since the demand for such mixed concrete is increasing at the rate of more than

75% per year; the business of putting up RMC plants is upcoming very rapidly. The increasing

competition may hamper hefty initial profits, however first players will dominate the market

without doubt.

In the present infrastructure-development scenario projected through-out 24 Parganas

district, there are very prospective future of setting up RMC Plant considering increasing

demand of existing & ensuing projects of Housing, Roads and Bridges, Food-Parks, Multi-

processing Zones, Township of different Construction Company and other groups and also

various Government sponsored development Projects through Zilla Parishad, Municipal

Corporation, P.W.D., N.H.A.I, W.B.S.R.DA. and big construction company, etc.

ADVANTAGES OF RMC OVERCONVENTIONAL SITE MIXED CONCRETE

Assured and consistent quality of required grades of concrete by following the weight

Batching.

Speedy and in-time construction through continuous mechanized operations.

Low lab our and supervisory costs.

Obviating the need to store cement, sand and aggregate at site.

Eliminates multi-transportation of raw materials for concrete making.

Minimize cement wastage because of bulk handling and storage.

Free from environment problems like noise and air pollution.

4.0 INFRASTRUCTURE FACILITIES FOR THE PROPOSED PROJECT

4.1 Location of the Factory : New Town Rajarhat, Kolkata

4.2 Water, Power & other utilities/ : All are available in adequate quantities to suit ourServices available total requirements. We are installing DG Set of

125 KV to meet the requirements of the project, baring water will be available for works.

4.3 Distance from the Raw material : a) Cement is readily available in abundance Market quantities within 70-90 Km from our plant site.

b) Stone chip to be brought in from Birbhum/ Pankur belt located about 70 Km from plant.

c) Sands available in around 40-45 Km from plant site.

4.4 Skilled labour available : Yes, adequate manpower / labour is readily available at competitive rates as per our requirement.

4.5 Distance from Sales Market for : Normally 20 Km, radius of plant area covering Finished Goods. Hidco New Towen Rajarhat area, DumDum ,

Lather complex area and part of Kolkata can be within our working zone.

4.6 Incentives, if any, available from : The proposed project is eligible for subsidy Govt. (Subsidy, Tax relief etc.) under West Bengal Inventive Scheme 2004

(WBIDC).

4.7 Other Plus points : There are four main areas that will be the focused for additional benefits on this subject. 1) Cost, 2)Quality, 3) Environment, 4) Standards.

: 1) Cost :- The cost of Ready Mix Concretes can be split into two separate classifications.

a) Controlled cost -- Input materials, Repairs & Maintenance, Labour, Transport, Marketing & Administrations etc.

b) Uncontrolled cost – Excise Duty, Sales Tax, Service Tax, Pollution Licence Fees, Power Generation etc. The uncontrolled costs equate to something like 22% to 25% of the cost of the delivered Ready Mix Concrete.

: 2) Quality :- Modern Ready Mix Concrete plants are able to accurately reproduce batches of concrete based on their sophisticated weighing system. The variability achievable is subject only to the variations in the raw materials being used, with good quality control systems these can be minimized.

: 3)Environment :- The use of Ready Mixed Concrete in the Metropolitan areas is limited due to restriction as to where and when Transit Mixer trucks can operate. At the same time there is an acceptance that Site Mixed Concrete systems and their other accompanying raw materials are allowed to cover the footpath, block the drains restrict the flow of traffic, force pedestrian onto the roadways and create noise for long periods.

: 4) Standards :- With the introduction of ready mix concrete there is a need to modernize the concrete standards from a prescriptive based system i.e., one where the emphasis is put on the inputs to a performance based system, where emphasis is put on the final product. Such a system may initially apply only to Ready Mixed Concrete operations, but the benefits in terms of flexibility and cost reductions will be worthwhile.

Earlier, there were two sayings commonly quoted throughout the construction industry : “ Making concrete is an art not a science”, “If it’s gray and goes hard then its good concrete”. While the first saying is still partly true the types of RMC that can now be produced has changed dramatically in the past 20 years. This firstly is due in the main to the different types of admixture chemicals that are now available. There are also a better understanding of their uses and properties. Secondly, there has been far more of a focus on high performance mix designs that use of top quality aggregates, sands and cement. This requires better skills from the people manufacturing it as well as those using it on site.

This is a product that if used properly will far outlast the person using it – his son and his grand children.

5. MANUFACTURING PROCESS

5.1 Details production process from : As annexed with details production/operational Procurement of raw materials to sequence by Schewing Stetter (India) Pvt. Ltd. Finished Stock/Dispatch stage.

6. TECHNOLOGICAL ASPECTS

6.1 Process Chosen : Weight Batching Process.

6.2 Alternative process : Volume Batching.

6.3 Reasons for adopting the proposed : Fastest and controlled production, excellence Process(suitability of the proposed and consistent quality, economical & wastages

Technology) savings of raw material, ensured and timely delivery by TM enriched customer’s satisfactions.

6.4 The sources from which the know-how: The process is mostly known by leading is to be /have been procured. Batching plant manufacturing Co. and the entire

patent is hold with those companies.

6.5 Will there be any by-product? If yes,: Yes, available such as manufacturing of Paver- the manner of its disposal. Block, Concrete Pole(Electric), Hume – Pipe

etc.

7. QUALITY CONTROL

7.1 Whether ISI Standards are prescribed : Yes.for the product?

7.2 The Number of the ISI Standard. : IS:456/2000 for mixed concrete design. IS:10262/1982 for mixed concrete design. SP:23 for mixed concrete design. IS::383 for sieve analysis of coarse aggregates..

7.3 Is the company going for ISI or ISO : This will be obtained in due course after theCertification Mark? Production stabilizes.

8. PROFITABILITY

8.0 THE COST OF PROJECT ARE STATED AS FOLLOWS (Rs. In Lakh)

Land development cost on the proposed site & building : 13.00

‘Stetter make’ Batching Plant CP-30 of 30 m3 per /hour : 39.00

‘Terex’ TX 760 BHL 0.24 cum Excavator / Loader : 17.50

‘Ashok Leyland’ Model ALGP-680/TC-E4 DG set (140 KVA) 5.55

Laboratory equipment for concrete, cement & material : 2.40

‘Utility” Model Mahindra pick-up van : 5.10

Pump with Motor ( 1 H.P) for use of Boring water : 0.23

Packing & Forwarding including duty : 1.72

Erecting and Commissioning : 5.00

Other miscellaneous Assets : 0.50

Total : 90.00

The brief history of the above cost component is appended herewith.

THE MEANS OF FINANCE

Promoter’s contribution(inclusive of land development cost) : 15.00 Term Loan : 75.00

Total : 90.00

8.1 LAND & BUILDING

(A) Estimate of construction of Building : Rs. 3,78,000.00 (As enclosed quotation). to be obtained from a qualified Civil The estimate as per drawings done by Engineer. Qualified Civil Engineer is proposed for

undertaking.

(B) LAND

i) Place : New Town Rajarhat, Kolkata

ii) Area : 3 Bighas & 10 katha (total 70 katha) under lease

iii) Rate per Sq. feet / meter :Leased against monthly rental basis for 50 years

iv) Value : Lease rent @Rs.25,000.00 per month

v) Other expenses, i.e., Registration fee etc. : Rs. 14,000.00

vi) Estimated cost of land development : Rs. 8,85,47.00

vii) Total cost : Rs. 12,78,647.00

( C) PLANT & MACHINERY

8.1 Address of Machinery Suppliers : M/s. Schweing Stetter (India) Pvt. Ltd.

CL-23, Sector – II, karunamoyee(T/No.2)

Salt Lake City, Kolkata 700091(India)

8.2 Quotations from the Machinery Suppliers : As annexed (page No. along with

leaflets for machinery specification.

8.3 List of the machinery items chosen : As annexed (Page No…)

alongwith the name of suppliers.

(out of the available quotations).

8.4 Add the following amount :-

Packing and forwarding : Rs. 1.75 lacs (approx.)

Taxes :

Cost of Erection & installation : Rs. 5.00 lacs(approx.)

8.5 Spares to be purchased along with the : Rates including spares

Machinery(Description & value)

8.6 PLANT & MACHINERY REQUIREMENT

SL no

Specifications No. Rate Rs.(in lac)

Amount Rs.(in lac)

Delivery time

Suppliers’ name

1 ‘Stetter’ make Batching Plant CP-30 of 30 m3

/hour

1 39.00 lac (inclusive of Tax & delivery charge

39.00 lac 4-6 weeks

Schewing Stetter (India) Pvt. Ltd. CL-236, Sec-1, Salt Lake, Kolkata 700091.

2. ‘Stetter’ make Concrete Pump BP25/60 (on hire basis).

1 1.05 per month

1.05 lac per month

10 days from order

B.K.BANIJYA Pvt. Ltd.

3. Transit Mixer (TM) of 6 m3

capacity (on hire basis)

4 0.75 lac per month

3.00 lac per month

10 days from order

B.K.BANIJYA Pvt. Ltd.

4. TEREX TX 760 BHL 0.24 m3

Excavator/ loader with KOEL 4R1040 TC Diesel Eng (1.00 cum cap. GP Loader).

1 17.50 lac (brand new)

17.50 lac (inclusive of all taxes.)

15-20 days against order

Inframech Solutions Pvt. Ltrd. 5th floor, “Swastik” Nazrul Islam Sarani, Kolkata 700059

5. Ashok Leyland Model ALGP-680/TC-R4 of 151 BHP at 1500 rpm. DG set of 125 KVA capacity with full set

1 5.55 lac (brand new)

5.55 lac (inclusive of all taxes. Exclusive acoustic)

Ex-stock within 7 days against order. Adv.

G. M. Diesel Corpn. 100/1B, Asutosh Mukherjee Road, Kolkata 700025

6. Laboratory equipment concrete, Cement &Material Testing as per IS & BS

Full set

2.40 lac (in new condi-tion)

2.45 lac (inclusive of all taxes.)

7 days Geologists’ Syndicate (Pvt.) Ltd. 137, B.R.B. Basu Road, Kolkata 700001

7. ‘UTILITY’ MODEL Mahindra Pick-up Van

1 5.10 lac (in new condition)

5.15 lac (inclusive of tax)

3-4 days (against advance)

Mohan Motors, J.L.Nehru Road, Kolkata 700072

8. Pump with Motor (1 H.P) for use Boring water @3000 Ltr. Per

1 set 0.23 lac (inclusive of tax)

0.23 Lc Hand delivery

Century Engineering Co. 21, G.C .Avenue,

day (approx.)Add : Price escalation, taxes, duties, freight, insurance, erection and contingencies.

9.0 PROJECT IMPLEMENTATION SCHEDULE

: The proposed machine are

expected in the middle of

October ,2007 and started

installation required another 15

days to make successful

commissioning and commercial

production are considered from 1st

November,2007 and profitability

statement projected in the1st year

taking 8 months and 10 months in

the each succeeding 7 years.

9.1 SCHEDULE OF IMPLEMENTATION

DESCRIPTI0N PERIOD IN MONTHS

COMMENCEMENT COMPLETION

(1) Acquisition of Land & site development : Land already acquired on lease basis.

(2) Civil Works/Buildings : Site Development

October ‘07

(3) Wood work & Interiors : -do-

(4) Plant & machinery : August,2007(45 days from the date of order)

(a) Placement of Orders : August,2007

(b) Delivery at site : September,07

(5) Arrangement of Power : By generator

(6) Arrangement of water : N.A. Arrangements will be done by within

31 days.

(7) Procurement of Raw Material : To be arranged in advance from

September,2007

(8) Recruitment / Training of Personnel : September, 2007

(9) Inauguration & Commercial Production : November, 2007

10.0 PRELIMINARY AND PRE-OPERATIVE EXPENSES :

(have already major portion incurred and balance have further to be incurred)

1. Company formation, Registration Expenses : Rs. 38,000.00

2. Rent of premises, telephone bills, electricity bills etc. : Rs. 34,000.00

3. Project report / feasibility studies charges : Rs. 33,000.00

4. Mortgage, stamp duty and legal expenses : Rs. 10,000.00

5. Salaries, travelling and office expenses : Rs. 65,000.00

6. Start up and commission expenses/ trial run. : Rs. 20,000.00

TOTAL COST : Rs. 2,00,000.00

10.1 ADMINISTRATIVE STAFF :

1. Works Manager : 1 No. @Rs.10,000/- Rs. 1,20,000.00

2. Purchase Officer 1 No. @Rs. 5,000/- Rs. 60,000.00

3. Sales Officer/ Marketing 4 Nos. @Rs. 4,000/- Rs. 1,92,000.00

Total cost (for one year)…. Rs. 3,72,000.00

==============

Therefore, COST OF ADMINISTRATIVE STAFF(for 8 months) Rs. 2,48,000.00

11. MARKET SURVEY & MARKETABILITY REPORT

11.1 End use of the product and : There are enough potentiality for setting up the

type of concerns, which use Ready Mix Concrete unit to support huge infra-

the product . structure growth that is required and is being

demanded by the population to develop the district

of 24 parganas and adjacent areas also into a major

participant in upgrading reformation net work of the

State Economy.

The demand for more Housing, Imported Road-

making System, continuously available of

electricity, water, better travel facilities, Railways

and Airport facilities etc. has effected a climate of

change for faster, more efficient better quality

construction systems. Ready Mix Concrete is one of

the ways in which these demands can be met. As the

systems has already emphasized by other major

cities of India including Kolkata, where there are

may giant player of RMC supplier continuously

cater the demand of housing as well as

infrastructure development sector. Right now, these

are also being explored in the district of 24 Parganas

where International Investors are also headed to

Bengal with their prestigious projects of major

investments in infrastructure development sector,

besides the existing and upcoming projects like

International City , various Parks, Malls, Market

Complexes, Factories etc., Government and Semi-

Government Departments are also keen to use RMC

for their up-coming Projects to reach the highest

target level with lowest investment of time and

money. Thus, there are still abundance demands of

RMC which will exist over coming 5-7 years.

11.2 Present demand of the product : The expected growth of Cement Industry (which is

an indicator of industrial growth) at a rate of

between 18% and 20% as viewed in last couple of

years, is expected to be increased again after next

two years. In 24 Parganas and adjacent areas there

are still usages of site mix concretes or weigh

batching mix by major companies for their project

leaving a standing demand of almost 25% – 30% of

target subject to project time frame as stipulated in

tender or order. These sorts of demand can easily be

procured from local RMC unit in order to reduce

project cost as well as materials cost. We see these

trends as an opportunity to explain the concepts of

RMC and the practical observations we have made,

so far, to a group of Companies Promoter/

Developers, Government / Semi-Government

Department, Private Sector etc. who are ready to use

RMC (even they have already purchased from

outside 24 Parganas for their ongoing projects) to

cater these demand and to upgrade facilities for

using RMC , we are over confident to supply

maximum quantity RMC of out production as

mentioned hereinafter.

11.3 Number of factories : Aproximately 6(six) factories are working in the

already working in area and running RMC units in 24 Parganas District.

the State.

11.4 Expected increase in demand : Almost 70% to 85% increase in demand is expected

vis-à-vis expected increase in for upcoming projects as reflected in the Survey

production. Report of WBIDC and it is necessary for us to

adhere to meet the growing demand by producing

RMC @200 m3 per day or 4000 m3 per month in

future years.

11.5 Difference between the :Mainly Housing Projects based in Rajarhat areas using

expected demands & Supply RMC rapidly since last 3/4 years whereas the Projects

presently implementing in 24 Parganas are still going

by conventional concept of site mix concrete or

sometime they have to pay higher to procure RMC

through the Companies located in Rajarhat / Sonarpur

area. Thus, there are still huge demands of more than

50% to 65% among the existing user of RMC in

construction sector, which need to be identified and to

ensure supply at a random for fulfillment of their

demand in 24 Parganas District.

11.6 Expected production from the : 200 m3 per day or 4000 m3 per month in the years to

Proposed unit. Come. But financial data are prepared on most

conservative basis over here.

11.7. Existing Customers. : A) Mr. Partha De, M.D., M/s.New Look Intek

Nirman Pvt. Ltd. Being the Company is closely

associated with the Customers like, (a) Bridge & Roof

Co.(India) Ltd.., (b) ITD Cementation India Ltd., (c)

Tantia Construction Co. Ltd. Etc. in Public / Private

sector and Howrah Zilla Parishad, HMC, HIT, P.W.D,

WBSRDA etc. in Government / Semi-Government

sector and also ATW Construction, Kolkata (for

Salem’s International Township Project), GAMUDA-

WCT (India) Pvt. Ltd. (for NHAI Road Projects) etc.

in respect of supply of Stonechips, sand etc. and

various Civil Construction Works since last 5 years.

These groups of Customers are having ongoing

projects over the next 4 to 7 years in Howrah, Haldia,

Dankuni, Rajarhat sector and they have initially

committed to use RMC at least 4000 m3 per month for

10(ten) months in a year leaving the 2 months as non-

operative due to rainy season.

11.7 Sale Target : The sale target are projected taking 10 months

working for a year but 8 months taken in the FIRST

Year done on most conservative basis.

11.8 RISK FACTORS : The various risk factors as perceived by the appraiser

are mentioned hereunder :

a) The Company has conducted market survey in the

domestic market to assess the demand supply gap

of the Product/ Services but no control over the

market forces.

b) The Company is yet to make arrangements for the

idle power for the project.

c) The price of the product/services is sensitive to

market variation in demand and supply which may

affect the Company’s performance.

d) Change of Government Policies and Regulations

may affect the operations of the Company.

e) The Company’s services/ products are prone to

competition from the new ones.

f) The Board is family controlled.

12.0 PROFITABILITY ASSUMPTION

12.1 RMC: Concept & its Prospects. : RMC or Ready Mix Concrete is the latest concept of

easing out the operation for a big concreting job.

Since the demand for such mixed concrete is

increasing at the rate of more than 75% per year, the

business of setting up RMC plants are upcoming very

rapidly. These trends of competition may hamper

hefty initial profits, however first players will

dominate the market without doubt. In the present

infrastructure-development scenario projected through

out the Howrah District, there are very prospective

future of setting up a RMC Plant considering the

increasing demand of existing and ensuing Projects of

Housing, Roads and Bridges, Food-Park, Foundry-

Park, Rubber-Park, Truck Terminal, Multi-processing

Zones, Township of Salem and other groups and also

various Government sponsored development Projects

through W.I.F.C. , Municipal Corporation, P.W.D.,

N.H.A.I, W.B.S.R.D.A etc.

12.2 COST OF CEMENT : Amount of cement for 1 m3 = 250 Kg.(approx.

average)

Cost of one Bag of cement (50Kg)= Rs. 240.00

No. of Bags required = 5(or 6/7/8/9)

(According to mix design)

TOTAL COST = (Rs.240X5) = Rs.1200.00

12.3 COST OF AGGREGATE : Total aggregate required = 30 ft./ 1m3

Cost of Aggregate = Rs.30.00 / ft.

TOTAL COST = (Rs.30x30) = Rs.900.00

12.4 COST OF SAND : Quantity of sand for 1 m3 of

concrete = 16 ft.

Cost of Sand per Ft. = Rs. 15.00

TOTAL COST = (Rs.15X16) = Rs.240.00

12.5 COST OF FLY ASH : Quantity of Fly Ash required = 50 Kg./ 1m3

Cost of Fly Ash per Kg. = Rs.0.80 / kg

TOTAL COST = (Rs.0.80x50) = Rs.40.00/1m3

12.6 COST OF WATER : Quantity of Water required = 400 Ltr../ 1m3

Cost of water = Rs.0.15 /zltr.

TOTAL COST = (Rs.400x0.15) = Rs.60.00/1m3

12.7 COST OF ADMIXTURE : Quantity of Admixture added in

1 m3 of concrete = 3 Ltr. ./ 1m3

Cost of Admixture = Rs.23.00/Ltr.

TOTAL COST = (Rs.23.00x3) = Rs.69.00/1m3

TOTAL COST OF RAW MATERIAL = Cost of cement + Cost of Sand + Cost of Aggregate

+Cost of Fly Ash+Cost of Water+Cost of Admixture

= (Rs.1200+900+240+750+40+60+69)

= Rs,2,509.00

OPERATIONAL OVERHEADS

12.8 Manpower(Transit Mixture) : Cost of Operator = Rs.5000.00 / month

Cost of 1 Helper = Rs.1500.00 / month

Total concrete produced

In 1 month = Rs. 1000 m3 in / month.

Cost of Operator & Helper = Rs. 6500 x2 / 1000 m3.

Total cost of Operator & Helper = Rs. 13.00 / m3

12.9 Concrete Pump : Cost of Operator = Rs. 4000.00 / month

Amount of concrete pump= Rs.3000.00 / m3

Total cost of Operator /m3 = Rs. 1.33 / m3

12.10 Batching Plant : Cost of Operator = Rs.5000.00 / month

Amount of concrete produced

by Batching Plant in 1 month= Rs. 1000 m3 in / month.

Total cost of Operator/m3 = Rs. 5.00 / m3

12.11 DG Set(Generator) : Cost of operator/Electrician = Rs.5000.00/ month

Total cost of Operator/m3 = Rs. 5.00 / m3

12.12 Labour Cost : Cost of 10 Labour(2000/- each)= Rs.20000.00/ month

Total cost of Labour/m3 = Rs. 20.00 / m3

12.13 Maintenance Personnel : One Quality Control Personnel + One Plant In-charge + Two

Marketing Personnel + Two Maintenance In-charge

Cost of Maintenance Personnel = Rs. 30000.00/ month

Total cost of Maintenance = Rs. 30.00/m3

TOTAL MANPOWER COST: Rs. 13.00+1.33+5.00+5.00+20.00+30.00 = Rs.74.33/m3

DIESEL CONSUMPTION

12.14 Transit Mixer : Diesel consumption = 1 ltr. / 2 Km (assuming a lead of 20Km)

Total distance moved in one round = 40 Km

Diesel consumed for delivering 6 m3 = 20 Ltr.

Diesel consumed by chasis = 3.33 ltr.m3

Diesel consumed by Transit Mixer for 6 m3 delivery

(5 ltr. / 6m3) = Rs. 0.83

12.15 Concrete pump : Diesel consumed in / hr. = 6 ltr.

Amount of concrete delivered = 25 m3

Diesel consumed / m3 = 0.24 ltr.

12.16 DG Set(Generator): Diesel consumed in / hr. = 17 ltr.

Diesel consumed / m3 = 17 ltr./ 25 = 0.68 ltr.

TOTAL DIESEL CONSUMED / M3 : (3.33+0.83+0.24+0.68) = 5.08 Ltr.

TOTAL COST OF DIESEL CONSUMED /M3 = (5.08 X Rs.32.87) = Rs. 166.97 / m3

TOTAL OPERATION OVERHEADS : (RS.74.33 + Rs166.97) = Rs.241.30

12.17 MAINTENANCE CHARGES : Maintenance – Transit Mixer : Rs.15.00/m3

Concrete Pump : Rs. 5.00/m3

Batching Plant : Rs. 5.00/m3

TOTAL MAINTENANCE CHARGES : Rs.25.00

NEWLOOK INTEK NIRMAN PVT. LTD.

NEWLOOK INTEK NIRMAN PVT. LTD.

DEBT SERVICE COVERAGE RATIOANNEXURE : D

(Rs. IN LAKH

D S C R as computed below illustrates firm’s ability to pay regularly installments towards term loan along with interest due thereon at maturity dates.

DESCRIPTION YEARS 1 2 3 4 5

A. TOTAL FUND AVAILABLE

Net Profit after Tax 6.00 6.78 12.05 14.08 16.63

Add: Depreciation 18.00 18.00 18.00 18.00 18.00

Add: Pre-operative exp.W/o. 0.20 0.20 0.20 0.20 0.20

Add : Interest on term loan 7.03 7.50 5.62 3.75 1.87

31.23 32.48 35.87 36.03 36.70

B. TOTAL FINANCIAL OBLIGATION

Instalment payable 15.00 15.00 15.00 15.00 15.00

Interest on term loan 7.03 7.50 5.62 3.75 1.87 22.03 22.50 20.62 18.75

16.87

1.42 1.44 1.74 1.92 2.18

Average Total D S C R = Total funds over the period Total financial obligation to Bank

= 8.70 = 1.74 5

CURRENT RATIO

A) CURRENT ASSETS :

29.37 32.18 33.78 35.58 37.35

30.07 26.25 27.56 28.94 30.38

0.21 1.32 1.81 1.49 1.37

- 2.00 3.10 4.00 5.00

1.00 3.60 10.16 9.64 10.78

60.65 65.35 76.41 79.65 84.88

(B) CURRENT LIABILITIES

Sundry Creditors for Goods 5.27 4.60 4.84 5.08 5.34

Sundry creditors for Exp. 0.18 0.16 0.17 0.17 0.18

Provision for Tax - 1.91 3.37 4.09 5.39 Bank Borrowings 25.00 25.00 25.00 25.00 25.00

T/L repayable within year 15.00 15.00 15.00 15.00 15.00

(B) 45.45 46.67 48.38 49.34 50.91

Current Ratio 1.33 1.40 1.58 1.61 1.67

AVERAGE CURRENT RATIO --------------------1.52-------------------------

NEWLOOK INTEK NIRMAN PVT. LTD.

BREAK EVEN ANALYSISANNEXURE : E

(Rs. IN LAKH

A. REVENUE FROM RMC PER CBM (m3) 3400.00-----------3400.00

B. VARIABLE COST PER CBM(M3)

Input material 2509.00Repairs & maintenance 25.00Labour 74.33Diesel consumption 166.97Power 11.25

2786.55______________

CONTRIBUTION PER CBM (m3) (A-B) 613.00

PROFIT/VARIATION RATIO = Contribution x 100 Sales

= 613.00 x 100 3400.00

= 18.02%

FIXED COST = Rs. 48,92,000.00 (1st year)

BEP Sales = F.C Contribution per unit

= Rs. 48,92,000.00 613.00

= Rs. 7975 / m3 (units)

Margin of Safety = 25 m3