Detailed Project Report
Frozen Sweet Corn Unit
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹29.40 L
- Term loan from bank
- ₹19.11 L
- Promoter’s contribution
- ₹2.94 L
- Subsidy
- ₹7.35 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-8.27 L
- Average DSCR
- -0.95
- 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
De-husk, blanch and blast-freeze sweet corn kernels and sell them through the cold chain all year.
| Main product or service | Frozen Sweet Corn Unit |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Households
- Restaurants and roadside eateries
- Clubs, hostels and caterers
- Pizza and fast-food outlets
- Frozen-food distributors
- Direct supply to HoReCa
- Modern retail freezers
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Vegetable and fruit washing machine | 1 | 0 | 0 |
| Blanching machine | 1 | 0 | 0 |
| Cooling tank | 1 | 0 | 0 |
| Blast freezer | 1 | 0 | 0 |
| Weighing machine | 1 | 0 | 0 |
| Packaging machine | 1 | 0 | 0 |
| Cold chamber (−18 °C) | 1 | 0 | 0 |
| Total machinery (all items above, as printed) | 1 | 28,00,000 | 28,00,000 |
| Total | 28,00,000 |
Pre-filled from: NIFTEM-K project profile — Frozen Sweet Corn Making Unit (PMFME model DPR); DGFT – ITC(HS) 2018, Schedule 2: Export Policy. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Fresh sweet corn cobs — bought from farmers; ₹20–25 a kg (₹20 in the year-1 costing)
- Packing material — large sacks for cold storage; 250 g, 500 g and 1 kg retail packets
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 28.00 |
| Contingency | 1.40 |
| Total fixed capital | 29.40 |
| Working capital margin | 0.00 |
| Total project cost | 29.40 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 2.94 | 10.0 |
| Subsidy | 7.35 | 25.0 |
| Term loan from bank | 19.11 | 65.0 |
| Total | 29.40 | 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 | 0.59 | 0.59 | 0.59 | 0.59 | 0.59 | 0.59 | 0.59 |
| Insurance | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| Total cost of operations | 3.62 | 3.62 | 3.62 | 3.62 | 3.62 | 3.62 | 3.62 |
| Operating profit (EBITDA) | -3.62 | -3.62 | -3.62 | -3.62 | -3.62 | -3.62 | -3.62 |
| Depreciation | 4.41 | 3.75 | 3.19 | 2.71 | 2.30 | 1.96 | 1.66 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 2.07 | 1.79 | 1.47 | 1.15 | 0.82 | 0.50 | 0.18 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -10.09 | -9.16 | -8.27 | -7.47 | -6.74 | -6.07 | -5.45 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -10.09 | -9.16 | -8.27 | -7.47 | -6.74 | -6.07 | -5.45 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -10.09 | -9.16 | -8.27 | -7.47 | -6.74 | -6.07 | -5.45 |
| Depreciation | 4.41 | 3.75 | 3.19 | 2.71 | 2.30 | 1.96 | 1.66 |
| Cash accruals (PAT + depreciation) | -5.68 | -5.41 | -5.08 | -4.76 | -4.44 | -4.11 | -3.79 |
| Term loan repaid | 1.47 | 2.94 | 2.94 | 2.94 | 2.94 | 2.94 | 2.94 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -7.15 | -8.35 | -8.02 | -7.70 | -7.38 | -7.05 | -6.73 |
| Cash and bank | -7.15 | -15.50 | -23.52 | -31.22 | -38.60 | -45.66 | -52.39 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 10.29 | 10.29 | 10.29 | 10.29 | 10.29 | 10.29 | 10.29 |
| Reserves and surplus | -10.09 | -19.25 | -27.52 | -34.99 | -41.73 | -47.80 | -53.25 |
| Term loan outstanding | 17.64 | 14.70 | 11.76 | 8.82 | 5.88 | 2.94 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 17.84 | 5.74 | -5.47 | -15.88 | -25.56 | -34.57 | -42.96 |
| Net fixed assets | 24.99 | 21.24 | 18.06 | 15.35 | 13.04 | 11.09 | 9.42 |
| 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 | -7.15 | -15.50 | -23.52 | -31.22 | -38.60 | -45.66 | -52.39 |
| Total assets | 17.84 | 5.74 | -5.47 | -15.88 | -25.56 | -34.57 | -42.96 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -1.02 | -0.76 | -0.82 | -0.88 | -0.96 | -1.05 | -1.16 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -0.95 |
|---|---|
| Lowest DSCR | -1.16 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 4.41 | 3.75 | 3.19 | 2.71 | 2.30 | 1.96 | 1.66 |
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 | 19.11 | 2.07 | 1.47 | 17.64 |
| 2 | 17.64 | 1.79 | 2.94 | 14.70 |
| 3 | 14.70 | 1.47 | 2.94 | 11.76 |
| 4 | 11.76 | 1.15 | 2.94 | 8.82 |
| 5 | 8.82 | 0.82 | 2.94 | 5.88 |
| 6 | 5.88 | 0.50 | 2.94 | 2.94 |
| 7 | 2.94 | 0.18 | 2.94 | 0.00 |
17 Licences and registrations
- FSSAI licence
- Udyam
- GST
- Fire and pollution licences as required (listed in the DPR)
- Trademark for your brand
18 Government schemes that may apply
- PM Formalisation of Micro Food Processing Enterprises (PM FME)
- Prime Minister's Employment Generation Programme (PMEGP)
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
19 Sources
- NIFTEM-K project profile — Frozen Sweet Corn Making Unit (PMFME model DPR) — https://niftem.ac.in/newsite/pmfme/wp-content/uploads/2022/07/sweetcorndpr.pdf
- DGFT – ITC(HS) 2018, Schedule 2: Export Policy — https://content.dgft.gov.in/Website/dgftprod/64c14faa-53ac-4387-bcf3-d355fee40bc8/Schedule%202%20-%20Export%20Policy%20New.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.