Detailed Project Report
Monolithic Refractories (Castables, Ramming and Gunning Mixes)
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹18.27 L
- Term loan from bank
- ₹16.44 L
- Promoter’s contribution
- ₹1.83 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-6.58 L
- Average DSCR
- -1.02
- 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
Crush, grade and blend refractory minerals into bagged castables and ramming mixes for jointless furnace linings.
| Main product or service | Monolithic Refractories (Castables, Ramming and Gunning Mixes) |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Iron and steel plants
- Cement plants
- Glass and ceramic factories
- Thermal power plants, fertiliser and petrochemical units
- Non-ferrous metal and foundry units
- Direct supply to plant purchase and maintenance departments
- Sale through furnace-lining contractors and refractory dealers
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Jaw crusher (225 mm × 100 mm) with 7.5 HP motor | 1 | 1,00,000 | 1,00,000 |
| Single-row roller crusher (300 mm dia × 375 mm face) with 7.5 HP motor | 1 | 80,000 | 80,000 |
| Pan mill (1,200 mm pan) with 7.5 HP motor | 1 | 1,00,000 | 1,00,000 |
| Hammer mill (375 mm × 200 mm) with 7.5 HP motor | 1 | 80,000 | 80,000 |
| Rotary screen set with 2 HP motor | 1 | 40,000 | 40,000 |
| Bucket elevators with 2 HP motor (× 2) | 1 | 1,00,000 | 1,00,000 |
| Double-deck vibrating screen in dust-proof casing, 2 HP motor | 1 | 50,000 | 50,000 |
| Magnetic separator (rotating drum type) | 1 | 30,000 | 30,000 |
| Counter-current mixer (100 litres) with 10 HP motor | 1 | 1,50,000 | 1,50,000 |
| Double-shaft trough mixer with 5 HP motor | 1 | 1,10,000 | 1,10,000 |
| Weighing balance, bag-stitching machine and material-handling equipment | 1 | 1,00,000 | 1,00,000 |
| Cyclone separator (10,000 cu m/hr) with suction fan, hoods, ducting, stack and 15 HP motor | 1 | 2,50,000 | 2,50,000 |
| Testing equipment and apparatus | 1 | 5,00,000 | 5,00,000 |
| Tools and jigs | 1 | 50,000 | 50,000 |
| Total | 17,40,000 |
Pre-filled from: DC-MSME project profile — Monolithic Refractories; DGFT — ITC(HS) classification of export and import items. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Fused alumina grains — 22 tonnes a month at ₹24,000 a tonne
- Dead-burnt magnesite — 50 tonnes a month at ₹8,500 a tonne
- Calcined kyanite — 32 tonnes a month at ₹6,000 a tonne
- High-alumina cement — 5 tonnes a month at ₹28,000 a tonne
- Calcined bauxite — 53 tonnes a month at ₹2,500 a tonne
- Chromite — 20 tonnes a month at ₹4,500 a tonne
- Raw fire clay and calcined fire clay (grog) — 20 tonnes at ₹400 and 32 tonnes at ₹1,300 a tonne
- Quartzite and calcined dolomite — 28 tonnes at ₹700 and 5 tonnes at ₹3,500 a tonne
- Chemical reagents and packing bags — ₹30,000 a month
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 17.40 |
| Contingency | 0.87 |
| Total fixed capital | 18.27 |
| Working capital margin | 0.00 |
| Total project cost | 18.27 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 1.83 | 10.0 |
| Term loan from bank | 16.44 | 90.0 |
| Total | 18.27 | 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 | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 |
| Insurance | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Total cost of operations | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 |
| Operating profit (EBITDA) | -3.34 | -3.34 | -3.34 | -3.34 | -3.34 | -3.34 | -3.34 |
| Depreciation | 2.74 | 2.33 | 1.98 | 1.68 | 1.43 | 1.22 | 1.03 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 1.78 | 1.54 | 1.26 | 0.99 | 0.71 | 0.43 | 0.15 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -7.86 | -7.21 | -6.58 | -6.01 | -5.47 | -4.98 | -4.52 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -7.86 | -7.21 | -6.58 | -6.01 | -5.47 | -4.98 | -4.52 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -7.86 | -7.21 | -6.58 | -6.01 | -5.47 | -4.98 | -4.52 |
| Depreciation | 2.74 | 2.33 | 1.98 | 1.68 | 1.43 | 1.22 | 1.03 |
| Cash accruals (PAT + depreciation) | -5.12 | -4.88 | -4.60 | -4.32 | -4.04 | -3.77 | -3.49 |
| Term loan repaid | 1.26 | 2.53 | 2.53 | 2.53 | 2.53 | 2.53 | 2.53 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -6.38 | -7.41 | -7.13 | -6.85 | -6.57 | -6.30 | -6.02 |
| Cash and bank | -6.38 | -13.79 | -20.92 | -27.77 | -34.35 | -40.64 | -46.66 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 1.83 | 1.83 | 1.83 | 1.83 | 1.83 | 1.83 | 1.83 |
| Reserves and surplus | -7.86 | -15.07 | -21.65 | -27.65 | -33.13 | -38.11 | -42.63 |
| Term loan outstanding | 15.18 | 12.65 | 10.12 | 7.59 | 5.06 | 2.53 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 9.15 | -0.59 | -9.70 | -18.23 | -26.24 | -33.75 | -40.80 |
| Net fixed assets | 15.53 | 13.20 | 11.22 | 9.54 | 8.11 | 6.89 | 5.86 |
| 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 | -6.38 | -13.79 | -20.92 | -27.77 | -34.35 | -40.64 | -46.66 |
| Total assets | 9.15 | -0.59 | -9.70 | -18.23 | -26.24 | -33.75 | -40.80 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -1.10 | -0.82 | -0.88 | -0.95 | -1.03 | -1.13 | -1.24 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -1.02 |
|---|---|
| Lowest DSCR | -1.24 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 2.74 | 2.33 | 1.98 | 1.68 | 1.43 | 1.22 | 1.03 |
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 | 16.44 | 1.78 | 1.26 | 15.18 |
| 2 | 15.18 | 1.54 | 2.53 | 12.65 |
| 3 | 12.65 | 1.26 | 2.53 | 10.12 |
| 4 | 10.12 | 0.99 | 2.53 | 7.59 |
| 5 | 7.59 | 0.71 | 2.53 | 5.06 |
| 6 | 5.06 | 0.43 | 2.53 | 2.53 |
| 7 | 2.53 | 0.15 | 2.53 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST registration
- State Pollution Control Board consent to establish and operate (dust)
- Factory licence (23 workers with 85 HP)
- ESI and PF registration
18 Government schemes that may apply
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
19 Sources
- DC-MSME project profile — Monolithic Refractories — https://www.dcmsme.gov.in/old/reports/glass/MonolithicRefractories.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.