Detailed Project Report
Bus & Truck Body Building
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹6.27 L
- Term loan from bank
- ₹4.07 L
- Promoter’s contribution
- ₹0.63 L
- Subsidy
- ₹1.57 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-4.03 L
- Average DSCR
- -3.75
- 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 bodies on bare bus and truck chassis for passenger and goods transport.
| Main product or service | Bus & Truck Body Building |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Private bus operators and schools
- Goods transporters and fleet owners
- Vehicle dealers selling bare chassis
- Tie-ups with chassis dealers
- Direct orders from transporters
- State transport and institutional tenders
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Lathe, 9 ft bed, with 3 HP motor and standard accessories | 1 | 0 | 0 |
| Arc welding set, 300 A, air-cooled | 1 | 0 | 0 |
| Sheet bending press | 1 | 0 | 0 |
| Hydraulic press, 40 tonne | 1 | 0 | 0 |
| Pedestal drilling machine, 1 inch capacity | 1 | 0 | 0 |
| All equipment together | 1 | 5,97,000 | 5,97,000 |
| Total | 5,97,000 |
Pre-filled from: KVIC Project Profile — Bus Body Building / Light Commercial Vehicle (PMEGP); World Customs Organization – HS Nomenclature 2022, Chapter 87. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Steel sections, sheets and body fittings — raw material ₹24,00,000 a year at full capacity
- Labels and packing material — ₹1,00,000 a year
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 5.97 |
| Contingency | 0.30 |
| Total fixed capital | 6.27 |
| Working capital margin | 0.00 |
| Total project cost | 6.27 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 0.63 | 10.0 |
| Subsidy | 1.57 | 25.0 |
| Term loan from bank | 4.07 | 65.0 |
| Total | 6.27 | 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 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |
| Insurance | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Total cost of operations | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 |
| Operating profit (EBITDA) | -3.04 | -3.04 | -3.04 | -3.04 | -3.04 | -3.04 | -3.04 |
| Depreciation | 0.94 | 0.80 | 0.68 | 0.58 | 0.49 | 0.42 | 0.35 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 0.44 | 0.38 | 0.31 | 0.24 | 0.18 | 0.11 | 0.04 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -4.42 | -4.22 | -4.03 | -3.86 | -3.70 | -3.56 | -3.43 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -4.42 | -4.22 | -4.03 | -3.86 | -3.70 | -3.56 | -3.43 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -4.42 | -4.22 | -4.03 | -3.86 | -3.70 | -3.56 | -3.43 |
| Depreciation | 0.94 | 0.80 | 0.68 | 0.58 | 0.49 | 0.42 | 0.35 |
| Cash accruals (PAT + depreciation) | -3.48 | -3.42 | -3.35 | -3.28 | -3.21 | -3.14 | -3.07 |
| Term loan repaid | 0.31 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -3.79 | -4.05 | -3.98 | -3.91 | -3.84 | -3.77 | -3.70 |
| Cash and bank | -3.79 | -7.84 | -11.81 | -15.72 | -19.56 | -23.33 | -27.03 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 2.19 | 2.19 | 2.19 | 2.19 | 2.19 | 2.19 | 2.19 |
| Reserves and surplus | -4.42 | -8.64 | -12.67 | -16.52 | -20.23 | -23.79 | -27.22 |
| Term loan outstanding | 3.76 | 3.13 | 2.51 | 1.88 | 1.25 | 0.63 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 1.54 | -3.31 | -7.96 | -12.45 | -16.78 | -20.97 | -25.02 |
| Net fixed assets | 5.33 | 4.53 | 3.85 | 3.27 | 2.78 | 2.36 | 2.01 |
| 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 | -3.79 | -7.84 | -11.81 | -15.72 | -19.56 | -23.33 | -27.03 |
| Total assets | 1.54 | -3.31 | -7.96 | -12.45 | -16.78 | -20.97 | -25.02 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -4.03 | -3.01 | -3.23 | -3.49 | -3.79 | -4.14 | -4.57 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -3.75 |
|---|---|
| Lowest DSCR | -4.57 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 0.94 | 0.80 | 0.68 | 0.58 | 0.49 | 0.42 | 0.35 |
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 | 4.07 | 0.44 | 0.31 | 3.76 |
| 2 | 3.76 | 0.38 | 0.63 | 3.13 |
| 3 | 3.13 | 0.31 | 0.63 | 2.51 |
| 4 | 2.51 | 0.24 | 0.63 | 1.88 |
| 5 | 1.88 | 0.18 | 0.63 | 1.25 |
| 6 | 1.25 | 0.11 | 0.63 | 0.63 |
| 7 | 0.63 | 0.04 | 0.63 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST
- Accreditation and compliance under the Bus Body Code (AIS-052) for bus bodies
- Trade licence
- State Pollution Control Board consent (painting and welding)
18 Government schemes that may apply
- Prime Minister's Employment Generation Programme (PMEGP)
- Pradhan Mantri MUDRA Yojana (PMMY) – Shishu, Kishor, Tarun, Tarun Plus
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
19 Sources
- KVIC Project Profile — Bus Body Building / Light Commercial Vehicle (PMEGP) — https://pmegp.msme.gov.in/Home/DownloadDocument?fileName=Documents/ProjectSampleReport/BUS_BODY_BUILDING-LIGHT_COMMERCIAL_VEHICLE_%28_RURAL_ENGG._AND_BIO-TECH_INDUSTRY_%29.pdf
- World Customs Organization – HS Nomenclature 2022, Chapter 87 — https://www.wcoomd.org/-/media/wco/public/global/pdf/topics/nomenclature/instruments-and-tools/hs-nomenclature-2022/2022/1787_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.