Detailed Project Report
Glass Toys (Flame-Worked Decorative Figures)
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹1.46 L
- Term loan from bank
- ₹0.95 L
- Promoter’s contribution
- ₹0.15 L
- Subsidy
- ₹0.36 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-3.15 L
- Average DSCR
- -15.51
- 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
Soften glass rods and tubes over an LPG flame and shape them by hand into decorative birds, animals, ships and figures.
| Main product or service | Glass Toys (Flame-Worked Decorative Figures) |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Gift and handicraft shops
- Households buying showpieces
- Hotels, restaurants and shops for display
- Exporters of handicrafts
- Own showroom at the unit (the profile includes an office-cum-showroom)
- Supply to gift shops and emporia
- Fairs and exhibitions
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| LPG cylinders (× 12) | 1 | 12,000 | 12,000 |
| Burners (× 12) | 1 | 4,800 | 4,800 |
| Oxygen cylinders (× 2) | 1 | 1,600 | 1,600 |
| Oxygen regulators (× 4) | 1 | 800 | 800 |
| Blowing work benches (× 12) | 1 | 14,400 | 14,400 |
| Muffle furnace, 600 × 300 mm chamber, 12 kW, 750–800°C, with automatic temperature control | 1 | 75,000 | 75,000 |
| Racks, beakers, flasks and measuring cylinders for silvering work | 1 | 25,000 | 25,000 |
| Office equipment and furniture | 1 | 5,000 | 5,000 |
| Total | 1,38,600 |
Pre-filled from: DC-MSME project profile — Glass Toys; DGFT — ITC(HS) classification of export and import items. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Soda glass tubes — 40 kg a month at ₹50 a kg
- Clear soda glass rods — 30 kg a month at ₹50 a kg
- Amber and other coloured glass tubes and rods — 60 kg a month at ₹55 a kg
- Heat-resistant ("Corning") glass tubes and rods — 20 kg a month at ₹320 a kg
- Chemicals for silvering — ₹4,000 a month
- Iridescent lustres and coatings — ₹2,500 a month
- Packing materials and cardboard — ₹6,000 a month
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 1.39 |
| Contingency | 0.07 |
| Total fixed capital | 1.46 |
| Working capital margin | 0.00 |
| Total project cost | 1.46 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 0.15 | 10.0 |
| Subsidy | 0.36 | 25.0 |
| Term loan from bank | 0.95 | 65.0 |
| Total | 1.46 | 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 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Insurance | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total cost of operations | 2.92 | 2.92 | 2.92 | 2.92 | 2.92 | 2.92 | 2.92 |
| Operating profit (EBITDA) | -2.92 | -2.92 | -2.92 | -2.92 | -2.92 | -2.92 | -2.92 |
| Depreciation | 0.22 | 0.19 | 0.16 | 0.13 | 0.11 | 0.10 | 0.08 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 0.10 | 0.09 | 0.07 | 0.06 | 0.04 | 0.02 | 0.01 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -3.24 | -3.19 | -3.15 | -3.11 | -3.07 | -3.04 | -3.01 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -3.24 | -3.19 | -3.15 | -3.11 | -3.07 | -3.04 | -3.01 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -3.24 | -3.19 | -3.15 | -3.11 | -3.07 | -3.04 | -3.01 |
| Depreciation | 0.22 | 0.19 | 0.16 | 0.13 | 0.11 | 0.10 | 0.08 |
| Cash accruals (PAT + depreciation) | -3.02 | -3.01 | -2.99 | -2.97 | -2.96 | -2.94 | -2.93 |
| Term loan repaid | 0.07 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -3.09 | -3.15 | -3.13 | -3.12 | -3.10 | -3.09 | -3.07 |
| Cash and bank | -3.09 | -6.24 | -9.38 | -12.50 | -15.60 | -18.68 | -21.76 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 0.51 | 0.51 | 0.51 | 0.51 | 0.51 | 0.51 | 0.51 |
| Reserves and surplus | -3.24 | -6.43 | -9.57 | -12.68 | -15.75 | -18.79 | -21.80 |
| Term loan outstanding | 0.87 | 0.73 | 0.58 | 0.44 | 0.29 | 0.15 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | -1.85 | -5.19 | -8.48 | -11.74 | -14.95 | -18.14 | -21.29 |
| Net fixed assets | 1.24 | 1.05 | 0.89 | 0.76 | 0.65 | 0.55 | 0.47 |
| 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 | -3.09 | -6.24 | -9.38 | -12.50 | -15.60 | -18.68 | -21.76 |
| Total assets | -1.85 | -5.19 | -8.48 | -11.74 | -14.95 | -18.14 | -21.29 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -16.65 | -12.45 | -13.36 | -14.42 | -15.66 | -17.13 | -18.91 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -15.51 |
|---|---|
| Lowest DSCR | -18.91 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 0.22 | 0.19 | 0.16 | 0.13 | 0.11 | 0.10 | 0.08 |
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 | 0.95 | 0.10 | 0.07 | 0.87 |
| 2 | 0.87 | 0.09 | 0.15 | 0.73 |
| 3 | 0.73 | 0.07 | 0.15 | 0.58 |
| 4 | 0.58 | 0.06 | 0.15 | 0.44 |
| 5 | 0.44 | 0.04 | 0.15 | 0.29 |
| 6 | 0.29 | 0.02 | 0.15 | 0.15 |
| 7 | 0.15 | 0.01 | 0.15 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST registration
- Trade licence from the local body
- Fire-safety precautions and safe storage for LPG and oxygen cylinders
- 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)
19 Sources
- DC-MSME project profile — Glass Toys — https://www.dcmsme.gov.in/old/reports/glass/GlassToys.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.