Detailed Project Report
Maize Flakes
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹4.04 L
- Term loan from bank
- ₹2.63 L
- Promoter’s contribution
- ₹0.40 L
- Subsidy
- ₹1.01 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-3.62 L
- Average DSCR
- -5.71
- 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
Soak, roast and flake maize into flakes for chivda snacks and breakfast cereal.
| Main product or service | Maize Flakes |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Namkeen and chivda makers
- Grocery shops and wholesalers
- Health-food buyers (dry-roasted flakes)
- Cattle-feed makers (bran and broken maize)
- Direct supply to namkeen units
- Grain and grocery wholesalers
- Retail packs under your own brand
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Electricity-operated roaster | 1 | 0 | 0 |
| Flaker-polisher | 1 | 0 | 0 |
| Coal-fired furnace | 1 | 0 | 0 |
| Sieves (× 2) | 1 | 0 | 0 |
| Sealing machine and weighing scales (× 1 set) | 1 | 0 | 0 |
| Total equipment (all items above) (× 1 lot) | 1 | 3,85,000 | 3,85,000 |
| Total | 3,85,000 |
Pre-filled from: KVIC Project Profile — Maize Flakes (PMEGP); DGFT – ITC(HS) Classification of Export and Import Items. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Maize grain — main input; raw material ₹65.50 lakh a year in the profile
- Polythene packing bags and labels — labels and packing ₹60,000 a year in the profile
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 3.85 |
| Contingency | 0.19 |
| Total fixed capital | 4.04 |
| Working capital margin | 0.00 |
| Total project cost | 4.04 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 0.40 | 10.0 |
| Subsidy | 1.01 | 25.0 |
| Term loan from bank | 2.63 | 65.0 |
| Total | 4.04 | 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 | 2.98 | 2.98 | 2.98 | 2.98 | 2.98 | 2.98 | 2.98 |
| Operating profit (EBITDA) | -2.98 | -2.98 | -2.98 | -2.98 | -2.98 | -2.98 | -2.98 |
| Depreciation | 0.61 | 0.52 | 0.44 | 0.37 | 0.32 | 0.27 | 0.23 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 0.28 | 0.25 | 0.20 | 0.16 | 0.11 | 0.07 | 0.02 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -3.87 | -3.74 | -3.62 | -3.51 | -3.41 | -3.32 | -3.23 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -3.87 | -3.74 | -3.62 | -3.51 | -3.41 | -3.32 | -3.23 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -3.87 | -3.74 | -3.62 | -3.51 | -3.41 | -3.32 | -3.23 |
| Depreciation | 0.61 | 0.52 | 0.44 | 0.37 | 0.32 | 0.27 | 0.23 |
| Cash accruals (PAT + depreciation) | -3.27 | -3.23 | -3.18 | -3.14 | -3.09 | -3.05 | -3.01 |
| Term loan repaid | 0.20 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -3.47 | -3.63 | -3.59 | -3.54 | -3.50 | -3.45 | -3.41 |
| Cash and bank | -3.47 | -7.10 | -10.69 | -14.23 | -17.73 | -21.18 | -24.59 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 1.41 | 1.41 | 1.41 | 1.41 | 1.41 | 1.41 | 1.41 |
| Reserves and surplus | -3.87 | -7.61 | -11.24 | -14.75 | -18.16 | -21.48 | -24.71 |
| Term loan outstanding | 2.43 | 2.02 | 1.62 | 1.21 | 0.81 | 0.40 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | -0.03 | -4.18 | -8.20 | -12.12 | -15.93 | -19.66 | -23.30 |
| Net fixed assets | 3.44 | 2.92 | 2.48 | 2.11 | 1.79 | 1.52 | 1.30 |
| 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 | -3.47 | -7.10 | -10.69 | -14.23 | -17.73 | -21.18 | -24.59 |
| Total assets | -0.03 | -4.18 | -8.20 | -12.12 | -15.93 | -19.66 | -23.30 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -6.13 | -4.58 | -4.92 | -5.31 | -5.76 | -6.31 | -6.96 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -5.71 |
|---|---|
| Lowest DSCR | -6.96 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 0.61 | 0.52 | 0.44 | 0.37 | 0.32 | 0.27 | 0.23 |
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 | 2.63 | 0.28 | 0.20 | 2.43 |
| 2 | 2.43 | 0.25 | 0.40 | 2.02 |
| 3 | 2.02 | 0.20 | 0.40 | 1.62 |
| 4 | 1.62 | 0.16 | 0.40 | 1.21 |
| 5 | 1.21 | 0.11 | 0.40 | 0.81 |
| 6 | 0.81 | 0.07 | 0.40 | 0.40 |
| 7 | 0.40 | 0.02 | 0.40 | 0.00 |
17 Licences and registrations
- FSSAI licence or registration (by turnover)
- Udyam registration
- GST
- State Pollution Control Board consent (coal-fired furnace)
18 Government schemes that may apply
- Prime Minister's Employment Generation Programme (PMEGP)
- PM Formalisation of Micro Food Processing Enterprises (PM FME)
- 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
- KVIC Project Profile — Maize Flakes (PMEGP) — https://pmegp.msme.gov.in/Home/DownloadDocument?fileName=Documents/ProjectSampleReport/MAIZE_FLAKES_%28_AGRO_BASED_FOOD_PROCESSING_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.