Detailed Project Report
Automatic Timer Switch Panels for Lights and Fans
—
Prepared on: 27 October 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹2.89 L
- Term loan from bank
- ₹1.88 L
- Promoter’s contribution
- ₹0.29 L
- Subsidy
- ₹0.72 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-3.41 L
- Average DSCR
- -7.91
- 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
Build steel-box switch panels with a contactor and 24-hour timer that turn hall lights, fans and ACs on and off by themselves.
| Main product or service | Automatic Timer Switch Panels for Lights and Fans |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Government and private offices
- Conference and seminar halls
- Institutions and hotels
- Electrical contractors
- Direct supply and tenders
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Deep drawing press, 20 tonne, 2 HP | 1 | 75,000 | 75,000 |
| Heating chamber | 1 | 52,000 | 52,000 |
| Spot welding machine, 3 kVA | 1 | 30,000 | 30,000 |
| Treadle guillotine shearing machine, 1200 mm | 1 | 22,000 | 22,000 |
| Pneumatic riveting machine with compressor | 1 | 21,000 | 21,000 |
| Air compressor with spray-painting unit | 1 | 14,000 | 14,000 |
| Pickling plant, bench drill, bench grinder, hand shear (× 1 each) | 1 | 21,000 | 21,000 |
| Testing: megger, HV tester 2.5 kV, earth-leakage tester, clamp meter, wattmeter, auto-transformers, multimeters, test benches (× 1 lot) | 1 | 40,000 | 40,000 |
| Total | 2,75,000 |
Pre-filled from: DC-MSME project profile — Automatic Switches for Electrical Gadgets; DGFT — ITC(HS) classification of export and import items. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- 24-hour timers — 150 a month at ₹2,900 = ₹4.35 L
- Contactors — 450 a month at ₹800 = ₹3.60 L
- MCBs, 32 A and 16 A — 300 a month at ₹600 = ₹1.80 L
- Push buttons, selector switches, terminal blocks, indicator lamps — ₹1.05 L a month
- CRCA sheet 18/20 SWG — 500 kg a month at ₹21/kg = ₹10,500
- Rubber beading, knockouts, hardware, rivets, paint, packing — ₹25,000 a month
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 2.75 |
| Contingency | 0.14 |
| Total fixed capital | 2.89 |
| Working capital margin | 0.00 |
| Total project cost | 2.89 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 0.29 | 10.0 |
| Subsidy | 0.72 | 25.0 |
| Term loan from bank | 1.88 | 65.0 |
| Total | 2.89 | 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 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Insurance | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total cost of operations | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 | 2.95 |
| Operating profit (EBITDA) | -2.95 | -2.95 | -2.95 | -2.95 | -2.95 | -2.95 | -2.95 |
| Depreciation | 0.43 | 0.37 | 0.31 | 0.27 | 0.23 | 0.19 | 0.16 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 0.20 | 0.18 | 0.14 | 0.11 | 0.08 | 0.05 | 0.02 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -3.59 | -3.50 | -3.41 | -3.33 | -3.26 | -3.19 | -3.13 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -3.59 | -3.50 | -3.41 | -3.33 | -3.26 | -3.19 | -3.13 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -3.59 | -3.50 | -3.41 | -3.33 | -3.26 | -3.19 | -3.13 |
| Depreciation | 0.43 | 0.37 | 0.31 | 0.27 | 0.23 | 0.19 | 0.16 |
| Cash accruals (PAT + depreciation) | -3.16 | -3.13 | -3.10 | -3.06 | -3.03 | -3.00 | -2.97 |
| Term loan repaid | 0.14 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -3.30 | -3.42 | -3.39 | -3.35 | -3.32 | -3.29 | -3.26 |
| Cash and bank | -3.30 | -6.72 | -10.10 | -13.46 | -16.78 | -20.07 | -23.33 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 |
| Reserves and surplus | -3.59 | -7.08 | -10.49 | -13.82 | -17.08 | -20.28 | -23.41 |
| Term loan outstanding | 1.73 | 1.44 | 1.16 | 0.87 | 0.58 | 0.29 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | -0.85 | -4.63 | -8.33 | -11.95 | -15.50 | -18.98 | -22.40 |
| Net fixed assets | 2.45 | 2.09 | 1.77 | 1.51 | 1.28 | 1.09 | 0.93 |
| 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 | -3.30 | -6.72 | -10.10 | -13.46 | -16.78 | -20.07 | -23.33 |
| Total assets | -0.85 | -4.63 | -8.33 | -11.95 | -15.50 | -18.98 | -22.40 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -8.49 | -6.35 | -6.82 | -7.36 | -7.99 | -8.74 | -9.65 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -7.91 |
|---|---|
| Lowest DSCR | -9.65 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 0.43 | 0.37 | 0.31 | 0.27 | 0.23 | 0.19 | 0.16 |
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 | 1.88 | 0.20 | 0.14 | 1.73 |
| 2 | 1.73 | 0.18 | 0.29 | 1.44 |
| 3 | 1.44 | 0.14 | 0.29 | 1.16 |
| 4 | 1.16 | 0.11 | 0.29 | 0.87 |
| 5 | 0.87 | 0.08 | 0.29 | 0.58 |
| 6 | 0.58 | 0.05 | 0.29 | 0.29 |
| 7 | 0.29 | 0.02 | 0.29 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST
- Trade licence from the local body
- State Pollution Control Board consent (painting and pickling)
18 Government schemes that may apply
- Prime Minister's Employment Generation Programme (PMEGP)
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
- Stand-Up India
- Pradhan Mantri MUDRA Yojana (PMMY) – Shishu, Kishor, Tarun, Tarun Plus
19 Sources
- DC-MSME project profile — Automatic Switches for Electrical Gadgets — https://www.dcmsme.gov.in/publications/pmryprof/electrical/ch5.pdf
- DGFT — ITC(HS) classification of export and import items — https://www.dgft.gov.in/CP/?opt=itchs-import-export
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.