Detailed Project Report
Digital Safe Locker Assembly
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹3.78 L
- Term loan from bank
- ₹3.40 L
- Promoter’s contribution
- ₹0.38 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-3.65 L
- Average DSCR
- -4.40
- 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
Fit keypad-operated electronic locks into steel safe bodies for homes, shops and offices.
| Main product or service | Digital Safe Locker Assembly |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Households
- Offices and shops
- Hotels and hospitals
- Banks, financial institutions, brokers and petrol pumps
- Hardware and security-product dealers
- Direct institutional sales
- Exports
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Electronic screwdriver and screw feeder (× 5) | 1 | 35,000 | 35,000 |
| Temperature-controlled soldering unit (× 3) | 1 | 25,000 | 25,000 |
| LCR meter (programmable) | 1 | 40,000 | 40,000 |
| Drilling machine | 1 | 6,500 | 6,500 |
| Analog multimeter (× 2) | 1 | 2,500 | 2,500 |
| Tool kit (× LS) | 1 | 25,000 | 25,000 |
| Personal computer with UPS and printer (× 2) | 1 | 70,000 | 70,000 |
| Combined soldering and de-soldering station (× 2) | 1 | 26,000 | 26,000 |
| High-speed mini drill set (× 2) | 1 | 25,000 | 25,000 |
| Digital multimeter, 4¾ digit (× 2) | 1 | 35,000 | 35,000 |
| Digital storage oscilloscope, 100 MHz | 1 | 70,000 | 70,000 |
| Total | 3,60,000 |
Pre-filled from: DC-MSME project profile — Digital Safe Locker (MSME-DI Ranchi); World Customs Organization – HS Nomenclature 2022, Chapter 83. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Motorised electronic locking unit with keypad — 300 a month at ₹1,500 each
- Powder-coated single moulded steel case — 300 a month at ₹2,500 each
- Solid steel bolts — 600 a month at ₹60 each
- Batteries — 300 a month at ₹300 each
- Interior carpet, packing material, electronic components and consumables — ₹74,500 a month together
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 3.60 |
| Contingency | 0.18 |
| Total fixed capital | 3.78 |
| Working capital margin | 0.00 |
| Total project cost | 3.78 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 0.38 | 10.0 |
| Term loan from bank | 3.40 | 90.0 |
| Total | 3.78 | 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 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| Insurance | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total cost of operations | 2.97 | 2.97 | 2.97 | 2.97 | 2.97 | 2.97 | 2.97 |
| Operating profit (EBITDA) | -2.97 | -2.97 | -2.97 | -2.97 | -2.97 | -2.97 | -2.97 |
| Depreciation | 0.57 | 0.48 | 0.41 | 0.35 | 0.30 | 0.25 | 0.21 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 0.37 | 0.32 | 0.26 | 0.20 | 0.15 | 0.09 | 0.03 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -3.91 | -3.78 | -3.65 | -3.53 | -3.42 | -3.31 | -3.22 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -3.91 | -3.78 | -3.65 | -3.53 | -3.42 | -3.31 | -3.22 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -3.91 | -3.78 | -3.65 | -3.53 | -3.42 | -3.31 | -3.22 |
| Depreciation | 0.57 | 0.48 | 0.41 | 0.35 | 0.30 | 0.25 | 0.21 |
| Cash accruals (PAT + depreciation) | -3.34 | -3.29 | -3.24 | -3.18 | -3.12 | -3.06 | -3.01 |
| Term loan repaid | 0.26 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -3.60 | -3.82 | -3.76 | -3.70 | -3.64 | -3.59 | -3.53 |
| Cash and bank | -3.60 | -7.42 | -11.18 | -14.88 | -18.53 | -22.11 | -25.64 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 |
| Reserves and surplus | -3.91 | -7.69 | -11.33 | -14.86 | -18.27 | -21.59 | -24.81 |
| Term loan outstanding | 3.14 | 2.62 | 2.09 | 1.57 | 1.05 | 0.52 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | -0.39 | -4.69 | -8.86 | -12.91 | -16.85 | -20.69 | -24.43 |
| Net fixed assets | 3.21 | 2.73 | 2.32 | 1.97 | 1.68 | 1.43 | 1.21 |
| 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 | -3.60 | -7.42 | -11.18 | -14.88 | -18.53 | -22.11 | -25.64 |
| Total assets | -0.39 | -4.69 | -8.86 | -12.91 | -16.85 | -20.69 | -24.43 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -4.72 | -3.53 | -3.79 | -4.09 | -4.44 | -4.86 | -5.36 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -4.40 |
|---|---|
| Lowest DSCR | -5.36 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 0.57 | 0.48 | 0.41 | 0.35 | 0.30 | 0.25 | 0.21 |
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 | 3.40 | 0.37 | 0.26 | 3.14 |
| 2 | 3.14 | 0.32 | 0.52 | 2.62 |
| 3 | 2.62 | 0.26 | 0.52 | 2.09 |
| 4 | 2.09 | 0.20 | 0.52 | 1.57 |
| 5 | 1.57 | 0.15 | 0.52 | 1.05 |
| 6 | 1.05 | 0.09 | 0.52 | 0.52 |
| 7 | 0.52 | 0.03 | 0.52 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST registration
- Trade licence from the local body
- BIS certification if a Quality Control Order covers your safe type — check with BIS
18 Government schemes that may apply
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
- Stand-Up India
19 Sources
- DC-MSME project profile — Digital Safe Locker (MSME-DI Ranchi) — https://dcmsme.gov.in/ELECTRICAL%20PRODUCTS/Digital%20Safe%20Locker.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.