Detailed Project Report
Nail Paint Remover Unit
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹18.56 L
- Term loan from bank
- ₹12.07 L
- Promoter’s contribution
- ₹1.86 L
- Subsidy
- ₹4.64 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-6.28 L
- Average DSCR
- -1.39
- 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
Blend solvents with moisturisers and fragrance into nail paint remover and fill it in 100 ml bottles.
| Main product or service | Nail Paint Remover Unit |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Women and girls who use nail paint
- Beauty salons and nail studios
- Cosmetic and general stores
- Salon suppliers
- Online marketplaces
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Reactor vessel with stirrer | 1 | 7,00,000 | 7,00,000 |
| Bottle filling machine | 1 | 3,00,000 | 3,00,000 |
| Bottle labelling machine | 1 | 1,50,000 | 1,50,000 |
| Brookfield viscometer | 1 | 2,18,000 | 2,18,000 |
| Water softening plant | 1 | 3,50,000 | 3,50,000 |
| Other equipment and tools (× 1 lot) | 1 | 50,000 | 50,000 |
| Total | 17,68,000 |
Pre-filled from: PMEGP sample project report — Nail Paint Remover (prepared by Udyami/Samadhan); DGFT – ITC(HS) 2018, Schedule 2: Export Policy. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Ethyl acetate (active agent) — 40–50% of the formula
- Isopropyl alcohol (solvent) — 20–30%
- Ethyl methyl ketone (solvent) — 20–30%
- Propylene glycol, ethyl cellulose, isopropyl myristate — gloss, gelling and moisturising agents, 1–3% each
- DM water — filler, 5–10%
- BHT, benzophenone-3, jojoba oil, fragrance — antioxidant, sun protection, emollient and fragrance in small amounts
- Bottles, caps and cartons — plastic bottles with inner seals or glass bottles
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 17.68 |
| Contingency | 0.88 |
| Total fixed capital | 18.56 |
| Working capital margin | 0.00 |
| Total project cost | 18.56 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 1.86 | 10.0 |
| Subsidy | 4.64 | 25.0 |
| Term loan from bank | 12.07 | 65.0 |
| Total | 18.56 | 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 | 2.78 | 2.37 | 2.01 | 1.71 | 1.45 | 1.24 | 1.05 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 1.31 | 1.13 | 0.93 | 0.72 | 0.52 | 0.31 | 0.11 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -7.43 | -6.84 | -6.28 | -5.78 | -5.32 | -4.89 | -4.50 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -7.43 | -6.84 | -6.28 | -5.78 | -5.32 | -4.89 | -4.50 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -7.43 | -6.84 | -6.28 | -5.78 | -5.32 | -4.89 | -4.50 |
| Depreciation | 2.78 | 2.37 | 2.01 | 1.71 | 1.45 | 1.24 | 1.05 |
| Cash accruals (PAT + depreciation) | -4.65 | -4.48 | -4.27 | -4.07 | -3.86 | -3.66 | -3.45 |
| Term loan repaid | 0.93 | 1.86 | 1.86 | 1.86 | 1.86 | 1.86 | 1.86 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -5.58 | -6.33 | -6.13 | -5.92 | -5.72 | -5.52 | -5.31 |
| Cash and bank | -5.58 | -11.91 | -18.04 | -23.96 | -29.68 | -35.20 | -40.51 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 6.50 | 6.50 | 6.50 | 6.50 | 6.50 | 6.50 | 6.50 |
| Reserves and surplus | -7.43 | -14.28 | -20.56 | -26.34 | -31.65 | -36.55 | -41.05 |
| Term loan outstanding | 11.14 | 9.28 | 7.43 | 5.57 | 3.71 | 1.86 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 10.20 | 1.50 | -6.64 | -14.27 | -21.44 | -28.20 | -34.56 |
| Net fixed assets | 15.78 | 13.41 | 11.40 | 9.69 | 8.24 | 7.00 | 5.95 |
| 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 | -5.58 | -11.91 | -18.04 | -23.96 | -29.68 | -35.20 | -40.51 |
| Total assets | 10.20 | 1.50 | -6.64 | -14.27 | -21.44 | -28.20 | -34.56 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -1.50 | -1.12 | -1.20 | -1.30 | -1.41 | -1.54 | -1.70 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -1.39 |
|---|---|
| Lowest DSCR | -1.70 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 2.78 | 2.37 | 2.01 | 1.71 | 1.45 | 1.24 | 1.05 |
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 | 12.07 | 1.31 | 0.93 | 11.14 |
| 2 | 11.14 | 1.13 | 1.86 | 9.28 |
| 3 | 9.28 | 0.93 | 1.86 | 7.43 |
| 4 | 7.43 | 0.72 | 1.86 | 5.57 |
| 5 | 5.57 | 0.52 | 1.86 | 3.71 |
| 6 | 3.71 | 0.31 | 1.86 | 1.86 |
| 7 | 1.86 | 0.11 | 1.86 | 0.00 |
17 Licences and registrations
- Cosmetic manufacturing licence from the State Drugs Licensing Authority (Cosmetics Rules, 2020)
- Udyam
- GST
- Fire NOC (flammable solvents)
- State Pollution Control Board consent
- Legal Metrology registration for packaged goods
- Trademark for your brand
18 Government schemes that may apply
- Prime Minister's Employment Generation Programme (PMEGP)
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
19 Sources
- PMEGP sample project report — Nail Paint Remover (prepared by Udyami/Samadhan) — https://pmegp.msme.gov.in/Home/DownloadDocument?fileName=Documents/ProjectSampleReport/Nail_Paint_Remover_%28_Samadhan_Projects_%29.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.