Detailed Project Report
Cryogenic Spice Grinding
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹31.97 L
- Term loan from bank
- ₹28.78 L
- Promoter’s contribution
- ₹3.20 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-9.36 L
- Average DSCR
- -0.64
- 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
Grind chilli, turmeric, cumin and other spices chilled with liquid nitrogen so the powder keeps more aroma and colour.
| Main product or service | Cryogenic Spice Grinding |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Households
- Hotels, restaurants and eateries
- Food processing industry
- Ayurvedic and cosmetic makers
- Branded retail packs through distributors
- Bulk supply to food processors
- Export
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Blower | 1 | 2,50,000 | 2,50,000 |
| Rotary valve | 1 | 3,35,000 | 3,35,000 |
| Screw cooler with liquid-nitrogen supply | 1 | 4,25,000 | 4,25,000 |
| Impact mill | 1 | 3,70,000 | 3,70,000 |
| Filter | 1 | 3,20,000 | 3,20,000 |
| Temperature sensors | 1 | 4,00,000 | 4,00,000 |
| Screw feeder | 1 | 3,80,000 | 3,80,000 |
| Product storage tanks (× 5) | 1 | 45,000 | 45,000 |
| Liquid-nitrogen storage tank with insulated piping and pumps | 1 | 1,30,000 | 1,30,000 |
| Packing, filling and sealing machine | 1 | 2,00,000 | 2,00,000 |
| Weighing scale (× 3) | 1 | 25,000 | 25,000 |
| Material handling equipment and tools (× lump sum) | 1 | 1,65,000 | 1,65,000 |
| Total | 30,45,000 |
Pre-filled from: SIDBI Stand-Up Mitra project profile — Cryogenic Grinding of Spice; World Customs Organization – HS Nomenclature 2022, Chapter 9. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Whole spices: red chilli, turmeric, cumin, coriander, pepper, bay leaf, curry leaf — bought from spice mandis and traders
- Liquid nitrogen — the cooling medium sprayed during grinding
- Food-grade packing material and cardboard boxes — for powders and bulk cartons
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 30.45 |
| Contingency | 1.52 |
| Total fixed capital | 31.97 |
| Working capital margin | 0.00 |
| Total project cost | 31.97 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 3.20 | 10.0 |
| Term loan from bank | 28.78 | 90.0 |
| Total | 31.97 | 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 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 |
| Insurance | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 |
| Total cost of operations | 3.68 | 3.68 | 3.68 | 3.68 | 3.68 | 3.68 | 3.68 |
| Operating profit (EBITDA) | -3.68 | -3.68 | -3.68 | -3.68 | -3.68 | -3.68 | -3.68 |
| Depreciation | 4.80 | 4.08 | 3.47 | 2.95 | 2.50 | 2.13 | 1.81 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 3.11 | 2.70 | 2.21 | 1.72 | 1.24 | 0.75 | 0.26 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -11.59 | -10.45 | -9.36 | -8.35 | -7.42 | -6.56 | -5.75 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -11.59 | -10.45 | -9.36 | -8.35 | -7.42 | -6.56 | -5.75 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -11.59 | -10.45 | -9.36 | -8.35 | -7.42 | -6.56 | -5.75 |
| Depreciation | 4.80 | 4.08 | 3.47 | 2.95 | 2.50 | 2.13 | 1.81 |
| Cash accruals (PAT + depreciation) | -6.79 | -6.38 | -5.89 | -5.40 | -4.92 | -4.43 | -3.94 |
| Term loan repaid | 2.21 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -9.01 | -10.80 | -10.32 | -9.83 | -9.34 | -8.86 | -8.37 |
| Cash and bank | -9.01 | -19.81 | -30.13 | -39.96 | -49.31 | -58.16 | -66.53 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 | 3.20 |
| Reserves and surplus | -11.59 | -22.04 | -31.40 | -39.75 | -47.17 | -53.73 | -59.48 |
| Term loan outstanding | 26.56 | 22.13 | 17.71 | 13.28 | 8.85 | 4.43 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 18.17 | 3.29 | -10.50 | -23.27 | -35.12 | -46.10 | -56.28 |
| Net fixed assets | 27.18 | 23.10 | 19.64 | 16.69 | 14.19 | 12.06 | 10.25 |
| 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 | -9.01 | -19.81 | -30.13 | -39.96 | -49.31 | -58.16 | -66.53 |
| Total assets | 18.17 | 3.29 | -10.50 | -23.27 | -35.12 | -46.10 | -56.28 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -0.69 | -0.52 | -0.55 | -0.60 | -0.65 | -0.71 | -0.78 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -0.64 |
|---|---|
| Lowest DSCR | -0.78 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 4.80 | 4.08 | 3.47 | 2.95 | 2.50 | 2.13 | 1.81 |
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 | 28.78 | 3.11 | 2.21 | 26.56 |
| 2 | 26.56 | 2.70 | 4.43 | 22.13 |
| 3 | 22.13 | 2.21 | 4.43 | 17.71 |
| 4 | 17.71 | 1.72 | 4.43 | 13.28 |
| 5 | 13.28 | 1.24 | 4.43 | 8.85 |
| 6 | 8.85 | 0.75 | 4.43 | 4.43 |
| 7 | 4.43 | 0.26 | 4.43 | 0.00 |
17 Licences and registrations
- FSSAI manufacturing licence
- Udyam registration
- GST registration
- State Pollution Control Board consent
- Spices Board registration (CRES) and IEC for exports
- Legal Metrology registration for retail packs
- Factory licence
18 Government schemes that may apply
- PM Formalisation of Micro Food Processing Enterprises (PM FME)
- Stand-Up India
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
19 Sources
- SIDBI Stand-Up Mitra project profile — Cryogenic Grinding of Spice — https://www.standupmitra.in/Default/ViewFile/?id=1521471201979_Cryogenic%20Grining%20of%20Spices.docx&path=ProjectProfile
- World Customs Organization – HS Nomenclature 2022, Chapter 9 — https://www.wcoomd.org/-/media/wco/public/global/pdf/topics/nomenclature/instruments-and-tools/hs-nomenclature-2022/2022/0209_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.