Detailed Project Report
Coir Frame Mats (Corridor Mats)
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹14.29 L
- Term loan from bank
- ₹9.29 L
- Promoter’s contribution
- ₹1.43 L
- Subsidy
- ₹3.57 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-5.50 L
- Average DSCR
- -1.75
- 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
Weave corridor, mesh and rope mats from coir yarn on hand frames — no loom needed.
| Main product or service | Coir Frame Mats (Corridor Mats) |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Coir mat exporters
- Home-furnishing shops
- Offices and institutions
- Job work and supply to exporters
- Wholesale furnishing dealers
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Corridor mat frames with pressing machine (2 frames + 1 press = 1 set) (× 3 sets) | 1 | 7,87,000 | 7,87,000 |
| Supporting items — iron rods, scissors, brushes | 1 | 1,00,000 | 1,00,000 |
| Dye pots, 50 kg capacity (including bleach) (× 6) | 1 | 3,00,000 | 3,00,000 |
| Other dyeing equipment | 1 | 1,74,000 | 1,74,000 |
| Total | 13,61,000 |
Pre-filled from: PMEGP project profile — Coir Frame Mats Unit (prepared by Coir Board, Ministry of MSME); DGFT — ITC (HS) classification of export and import items. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Coir yarn — weft and roping yarn; raw material ₹48,000 a ton
- Dyes and bleach — for coloured designs
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 13.61 |
| Contingency | 0.68 |
| Total fixed capital | 14.29 |
| Working capital margin | 0.00 |
| Total project cost | 14.29 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 1.43 | 10.0 |
| Subsidy | 3.57 | 25.0 |
| Term loan from bank | 9.29 | 65.0 |
| Total | 14.29 | 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 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 |
| Insurance | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Total cost of operations | 3.24 | 3.24 | 3.24 | 3.24 | 3.24 | 3.24 | 3.24 |
| Operating profit (EBITDA) | -3.24 | -3.24 | -3.24 | -3.24 | -3.24 | -3.24 | -3.24 |
| Depreciation | 2.14 | 1.82 | 1.55 | 1.32 | 1.12 | 0.95 | 0.81 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 1.01 | 0.87 | 0.71 | 0.56 | 0.40 | 0.24 | 0.09 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -6.39 | -5.93 | -5.50 | -5.11 | -4.76 | -4.43 | -4.13 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -6.39 | -5.93 | -5.50 | -5.11 | -4.76 | -4.43 | -4.13 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -6.39 | -5.93 | -5.50 | -5.11 | -4.76 | -4.43 | -4.13 |
| Depreciation | 2.14 | 1.82 | 1.55 | 1.32 | 1.12 | 0.95 | 0.81 |
| Cash accruals (PAT + depreciation) | -4.24 | -4.11 | -3.95 | -3.79 | -3.64 | -3.48 | -3.32 |
| Term loan repaid | 0.71 | 1.43 | 1.43 | 1.43 | 1.43 | 1.43 | 1.43 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -4.96 | -5.54 | -5.38 | -5.22 | -5.07 | -4.91 | -4.75 |
| Cash and bank | -4.96 | -10.49 | -15.87 | -21.10 | -26.16 | -31.07 | -35.82 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Reserves and surplus | -6.39 | -12.32 | -17.82 | -22.93 | -27.68 | -32.11 | -36.24 |
| Term loan outstanding | 8.57 | 7.15 | 5.72 | 4.29 | 2.86 | 1.43 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 7.19 | -0.17 | -7.10 | -13.64 | -19.82 | -25.68 | -31.24 |
| Net fixed assets | 12.15 | 10.32 | 8.78 | 7.46 | 6.34 | 5.39 | 4.58 |
| 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 | -4.96 | -10.49 | -15.87 | -21.10 | -26.16 | -31.07 | -35.82 |
| Total assets | 7.19 | -0.17 | -7.10 | -13.64 | -19.82 | -25.68 | -31.24 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -1.88 | -1.41 | -1.51 | -1.63 | -1.77 | -1.94 | -2.14 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -1.75 |
|---|---|
| Lowest DSCR | -2.14 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 2.14 | 1.82 | 1.55 | 1.32 | 1.12 | 0.95 | 0.81 |
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 | 9.29 | 1.01 | 0.71 | 8.57 |
| 2 | 8.57 | 0.87 | 1.43 | 7.15 |
| 3 | 7.15 | 0.71 | 1.43 | 5.72 |
| 4 | 5.72 | 0.56 | 1.43 | 4.29 |
| 5 | 4.29 | 0.40 | 1.43 | 2.86 |
| 6 | 2.86 | 0.24 | 1.43 | 1.43 |
| 7 | 1.43 | 0.09 | 1.43 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST registration
- Registration with the Coir Board (needed to export; also opens Coir Board schemes)
- State Pollution Control Board consent (check the category for your process)
- Factory licence if 10 or more workers use power
- IEC code if you export
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)
- Stand-Up India
19 Sources
- PMEGP project profile — Coir Frame Mats Unit (prepared by Coir Board, Ministry of MSME) — https://pmegp.msme.gov.in/Home/DownloadDocument?fileName=Documents/ProjectSampleReport/PROJECT_PROFILE_FOR_COIR_FRAME_MATS_UNIT_%28_COIR_BOARD_BASED_INDUSTRY_%29.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.