Detailed Project Report
Nickel Alloy (Copper-Nickel / Eureka) Resistance Wire
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹7.80 L
- Term loan from bank
- ₹5.07 L
- Promoter’s contribution
- ₹0.78 L
- Subsidy
- ₹1.95 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-4.31 L
- Average DSCR
- -3.05
- 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
Melt copper and nickel into an alloy and draw it into fine resistance wire for instrument coils and shunts.
| Main product or service | Nickel Alloy (Copper-Nickel / Eureka) Resistance Wire |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Electrical measuring instrument makers
- Electronic component and resistor makers
- Electrical goods makers
- Direct supply to manufacturers
- Electronic component traders
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Coke-fired pit furnace for No. 16 crucible, with blower | 1 | 25,000 | 25,000 |
| Electric pot-type bright annealing furnace, 100 kg, 10 KW, up to 1,100°C | 1 | 1,50,000 | 1,50,000 |
| Heavy-duty wire rolling machine, 6 × 10 in grooved rolls, 7.5 HP | 1 | 70,000 | 70,000 |
| Vertical wire drawing machine, 600 mm drum, 6–12 SWG, 15 HP | 1 | 80,000 | 80,000 |
| Vertical wire drawing machines, 12–16 SWG (× 2) | 1 | 90,000 | 90,000 |
| Horizontal wire drawing machine, 16–24 SWG, 8 stages | 1 | 1,10,000 | 1,10,000 |
| Horizontal wire drawing machines, 24–32 SWG (× 2) | 1 | 1,35,000 | 1,35,000 |
| Pointing machine and die polishing machine (× 2) | 1 | 23,000 | 23,000 |
| Testing instruments, moulds and fixtures (× 1 lot) | 1 | 60,000 | 60,000 |
| Total | 7,43,000 |
Pre-filled from: DC-MSME project profile — Nickel Alloy Wires; World Customs Organization – HS Nomenclature 2022 edition. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Nickel ingots — 680 kg a month at ₹400 a kg in the profile
- Copper ingots — 865 kg a month at ₹160 a kg in the profile
- Graphite crucibles No. 16 — 20 a month at ₹250 each in the profile
- Hard coke — 2.5 MT a month at ₹7,000 a MT in the profile
- Fluxes, moulding materials and lubricants
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 7.43 |
| Contingency | 0.37 |
| Total fixed capital | 7.80 |
| Working capital margin | 0.00 |
| Total project cost | 7.80 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 0.78 | 10.0 |
| Subsidy | 1.95 | 25.0 |
| Term loan from bank | 5.07 | 65.0 |
| Total | 7.80 | 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 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 |
| Insurance | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total cost of operations | 3.08 | 3.08 | 3.08 | 3.08 | 3.08 | 3.08 | 3.08 |
| Operating profit (EBITDA) | -3.08 | -3.08 | -3.08 | -3.08 | -3.08 | -3.08 | -3.08 |
| Depreciation | 1.17 | 0.99 | 0.85 | 0.72 | 0.61 | 0.52 | 0.44 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 0.55 | 0.48 | 0.39 | 0.30 | 0.22 | 0.13 | 0.05 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -4.79 | -4.55 | -4.31 | -4.10 | -3.90 | -3.73 | -3.56 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -4.79 | -4.55 | -4.31 | -4.10 | -3.90 | -3.73 | -3.56 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -4.79 | -4.55 | -4.31 | -4.10 | -3.90 | -3.73 | -3.56 |
| Depreciation | 1.17 | 0.99 | 0.85 | 0.72 | 0.61 | 0.52 | 0.44 |
| Cash accruals (PAT + depreciation) | -3.62 | -3.55 | -3.46 | -3.38 | -3.29 | -3.21 | -3.12 |
| Term loan repaid | 0.39 | 0.78 | 0.78 | 0.78 | 0.78 | 0.78 | 0.78 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -4.01 | -4.33 | -4.24 | -4.16 | -4.07 | -3.99 | -3.90 |
| Cash and bank | -4.01 | -8.34 | -12.59 | -16.75 | -20.82 | -24.81 | -28.71 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 2.73 | 2.73 | 2.73 | 2.73 | 2.73 | 2.73 | 2.73 |
| Reserves and surplus | -4.79 | -9.34 | -13.65 | -17.75 | -21.65 | -25.38 | -28.94 |
| Term loan outstanding | 4.68 | 3.90 | 3.12 | 2.34 | 1.56 | 0.78 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 2.62 | -2.71 | -7.80 | -12.68 | -17.36 | -21.87 | -26.21 |
| Net fixed assets | 6.63 | 5.64 | 4.79 | 4.07 | 3.46 | 2.94 | 2.50 |
| 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 | -4.01 | -8.34 | -12.59 | -16.75 | -20.82 | -24.81 | -28.71 |
| Total assets | 2.62 | -2.71 | -7.80 | -12.68 | -17.36 | -21.87 | -26.21 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -3.27 | -2.45 | -2.63 | -2.84 | -3.08 | -3.37 | -3.72 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -3.05 |
|---|---|
| Lowest DSCR | -3.72 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 1.17 | 0.99 | 0.85 | 0.72 | 0.61 | 0.52 | 0.44 |
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 | 5.07 | 0.55 | 0.39 | 4.68 |
| 2 | 4.68 | 0.48 | 0.78 | 3.90 |
| 3 | 3.90 | 0.39 | 0.78 | 3.12 |
| 4 | 3.12 | 0.30 | 0.78 | 2.34 |
| 5 | 2.34 | 0.22 | 0.78 | 1.56 |
| 6 | 1.56 | 0.13 | 0.78 | 0.78 |
| 7 | 0.78 | 0.05 | 0.78 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST
- State Pollution Control Board consent (furnace)
- Trade licence from the local body
18 Government schemes that may apply
- Prime Minister's Employment Generation Programme (PMEGP)
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
- Stand-Up India
19 Sources
- DC-MSME project profile — Nickel Alloy Wires — https://www.dcmsme.gov.in/publications/pmryprof/meatllurgical/ch18.pdf
- World Customs Organization – HS Nomenclature 2022 edition — https://www.wcoomd.org/en/topics/nomenclature/instrument-and-tools/hs-nomenclature-2022-edition/hs-nomenclature-2022-edition.aspx
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.