Detailed Project Report
Auto Lock Manufacturing
—
Prepared on: 27 October 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹8.24 L
- Term loan from bank
- ₹5.36 L
- Promoter’s contribution
- ₹0.82 L
- Subsidy
- ₹2.06 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-4.39 L
- Average DSCR
- -2.90
- Break-even (% of capacity used)
- —
02 Promoter and unit
| Promoter name | — |
|---|---|
| Business / firm name | — |
| Legal form | Proprietorship |
| Address of the unit | — |
| Applicant category | General · Rural |
03 The project
Die-cast and assemble handle locks, fuel-tank locks and other locks for two-wheelers and cars.
| Main product or service | Auto Lock Manufacturing |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Two-wheeler and car makers (original equipment)
- Spare-parts dealers (replacement)
- Mechanics
- OEM supply contracts
- Spare-parts wholesalers
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Pressure die casting machine, 150 g, with 200 lbs compressor | 1 | 3,00,000 | 3,00,000 |
| Lathe, 1,300 mm bed | 1 | 1,50,000 | 1,50,000 |
| Power press, 5 tonnes | 1 | 1,00,000 | 1,00,000 |
| Small milling machine | 1 | 50,000 | 50,000 |
| Manual surface grinder, 18" × 12" | 1 | 50,000 | 50,000 |
| Bench drilling machine, 15 mm | 1 | 25,000 | 25,000 |
| Injector for holding dies | 1 | 15,000 | 15,000 |
| Double-ended grinders, 10" wheel (× 2) | 1 | 20,000 | 20,000 |
| Fixtures, tools and dies (× 1 lot) | 1 | 25,000 | 25,000 |
| Electrification and installation (× 1 lot) | 1 | 50,000 | 50,000 |
| Total | 7,85,000 |
Pre-filled from: PMEGP sample project report — Auto Lock (prepared by Udyami/Samadhan); World Customs Organization – HS Nomenclature 2022, Chapter 83. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Zinc alloy — 9,600 kg a year at ₹200 a kg
- Pairs of keys — 1,50,000 at ₹6
- Rivets and springs — 1,50,000 at ₹3
- Cardboard boxes — 1,50,000 at ₹3
- Brass strip — 72 kg at ₹167 a kg
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 7.85 |
| Contingency | 0.39 |
| Total fixed capital | 8.24 |
| Working capital margin | 0.00 |
| Total project cost | 8.24 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 0.82 | 10.0 |
| Subsidy | 2.06 | 25.0 |
| Term loan from bank | 5.36 | 65.0 |
| Total | 8.24 | 100.0 |
| Working capital loan (outside project cost) | 0.00 |
09 Key assumptions
| Selling price | ₹0 per units |
|---|---|
| Raw material & packing cost | ₹0 per units |
| Capacity used each year | 60% · 70% · 80% · 80% · 80% · 80% · 80% |
| Term loan interest rate (% a year) | 11% · 84 months (Moratorium 6) |
| Working capital method | Turnover method (RBI) · Working capital interest (% a year) 11% |
| Income tax rate | 25% |
| Yearly price and cost rise | 0% |
10 Production and sales
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capacity used | 60% | 70% | 80% | 80% | 80% | 80% | 80% |
| Production (units) | 6,000 | 7,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 |
| Sales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
11 Projected profitability
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw material and packing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Power and fuel | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Salaries and wages | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 |
| Rent | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Administration | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling and distribution | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repairs and maintenance | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 |
| Insurance | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total cost of operations | 3.09 | 3.09 | 3.09 | 3.09 | 3.09 | 3.09 | 3.09 |
| Operating profit (EBITDA) | -3.09 | -3.09 | -3.09 | -3.09 | -3.09 | -3.09 | -3.09 |
| Depreciation | 1.24 | 1.05 | 0.89 | 0.76 | 0.65 | 0.55 | 0.47 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 0.58 | 0.50 | 0.41 | 0.32 | 0.23 | 0.14 | 0.05 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -4.90 | -4.64 | -4.39 | -4.17 | -3.96 | -3.77 | -3.60 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -4.90 | -4.64 | -4.39 | -4.17 | -3.96 | -3.77 | -3.60 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -4.90 | -4.64 | -4.39 | -4.17 | -3.96 | -3.77 | -3.60 |
| Depreciation | 1.24 | 1.05 | 0.89 | 0.76 | 0.65 | 0.55 | 0.47 |
| Cash accruals (PAT + depreciation) | -3.67 | -3.59 | -3.50 | -3.41 | -3.32 | -3.23 | -3.14 |
| Term loan repaid | 0.41 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -4.08 | -4.41 | -4.32 | -4.23 | -4.14 | -4.05 | -3.96 |
| Cash and bank | -4.08 | -8.49 | -12.81 | -17.04 | -21.19 | -25.24 | -29.19 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 |
| Reserves and surplus | -4.90 | -9.54 | -13.93 | -18.10 | -22.06 | -25.84 | -29.44 |
| Term loan outstanding | 4.95 | 4.12 | 3.30 | 2.47 | 1.65 | 0.82 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 2.93 | -2.54 | -7.75 | -12.74 | -17.53 | -22.13 | -26.55 |
| Net fixed assets | 7.01 | 5.96 | 5.06 | 4.30 | 3.66 | 3.11 | 2.64 |
| Preliminary expenses not written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current assets (stock and debtors) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and bank | -4.08 | -8.49 | -12.81 | -17.04 | -21.19 | -25.24 | -29.19 |
| Total assets | 2.93 | -2.54 | -7.75 | -12.74 | -17.53 | -22.13 | -26.55 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -3.11 | -2.33 | -2.50 | -2.69 | -2.93 | -3.20 | -3.53 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -2.90 |
|---|---|
| Lowest DSCR | -3.53 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 1.24 | 1.05 | 0.89 | 0.76 | 0.65 | 0.55 | 0.47 |
Written-down value method at Income-tax Rules block rates (building 10%, plant & machinery 15%, furniture 10%, computers 40%). Change them if your CA uses other rates.
16 Term loan repayment
| Year | Opening | Interest | Term loan repaid | Closing |
|---|---|---|---|---|
| 1 | 5.36 | 0.58 | 0.41 | 4.95 |
| 2 | 4.95 | 0.50 | 0.82 | 4.12 |
| 3 | 4.12 | 0.41 | 0.82 | 3.30 |
| 4 | 3.30 | 0.32 | 0.82 | 2.47 |
| 5 | 2.47 | 0.23 | 0.82 | 1.65 |
| 6 | 1.65 | 0.14 | 0.82 | 0.82 |
| 7 | 0.82 | 0.05 | 0.82 | 0.00 |
17 Licences and registrations
- Udyam
- GST
- Pollution consent from the State Pollution Control Board (die casting)
- Trademark for your brand (optional)
18 Government schemes that may apply
- Prime Minister's Employment Generation Programme (PMEGP)
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
- Pradhan Mantri MUDRA Yojana (PMMY) – Shishu, Kishor, Tarun, Tarun Plus
19 Sources
- PMEGP sample project report — Auto Lock (prepared by Udyami/Samadhan) — https://pmegp.msme.gov.in/Home/DownloadDocument?fileName=Documents/ProjectSampleReport/Auto_Lock_%28_Samadhan_Projects_%29.pdf
- World Customs Organization – HS Nomenclature 2022, Chapter 83 — https://www.wcoomd.org/-/media/wco/public/global/pdf/topics/nomenclature/instruments-and-tools/hs-nomenclature-2022/2022/1583_2022e.pdf
This report is a projection from the figures entered by the promoter. It is not a bank appraisal or a guarantee of a loan or subsidy. Check every figure with current quotations and your chartered accountant before submitting it.