Detailed Project Report
Pahadi Shingaar (Kumaoni and Garhwali Style Fashion Jewellery)
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹10.03 L
- Term loan from bank
- ₹6.52 L
- Promoter’s contribution
- ₹1.00 L
- Subsidy
- ₹2.51 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-4.72 L
- Average DSCR
- -2.42
- 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
Make light, affordable fashion versions of traditional Uttarakhand ornaments like the nath and guloband in brass, copper and beads.
| Main product or service | Pahadi Shingaar (Kumaoni and Garhwali Style Fashion Jewellery) |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Tourists buying wearable souvenirs
- Brides, families and wedding planners
- Boutiques, hotels and resort gift counters
- Own website and social media
- Tourist-town shops and boutiques (wholesale)
- Corporate and government gifting orders
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Laser engraving machine | 1 | 2,00,000 | 2,00,000 |
| Mini hydraulic or manual press | 1 | 1,20,000 | 1,20,000 |
| Small CNC or precision cutting equipment | 1 | 1,20,000 | 1,20,000 |
| Jewellery work benches | 1 | 1,00,000 | 1,00,000 |
| Jewellery rolling and forming equipment | 1 | 1,00,000 | 1,00,000 |
| Grinding and polishing machines | 1 | 1,00,000 | 1,00,000 |
| Buffing machine | 1 | 60,000 | 60,000 |
| Mini cutting machine | 1 | 60,000 | 60,000 |
| Soldering stations | 1 | 50,000 | 50,000 |
| Ultrasonic cleaning machine | 1 | 45,000 | 45,000 |
| Total | 9,55,000 |
Pre-filled from: Uttarakhand DUY project profile — Shingaar Manufacturing Unit. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Brass, copper, German silver and stainless steel sheet and wire — the base of the jewellery
- Glass beads, artificial stones, wood, thread and wool — decorative parts
- Hooks, clasps, chains and ear wires — bought from Delhi NCR, Jaipur or Moradabad markets
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 9.55 |
| Contingency | 0.48 |
| Total fixed capital | 10.03 |
| Working capital margin | 0.00 |
| Total project cost | 10.03 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 1.00 | 10.0 |
| Subsidy | 2.51 | 25.0 |
| Term loan from bank | 6.52 | 65.0 |
| Total | 10.03 | 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 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Insurance | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Total cost of operations | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 |
| Operating profit (EBITDA) | -3.13 | -3.13 | -3.13 | -3.13 | -3.13 | -3.13 | -3.13 |
| Depreciation | 1.50 | 1.28 | 1.09 | 0.92 | 0.79 | 0.67 | 0.57 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 0.71 | 0.61 | 0.50 | 0.39 | 0.28 | 0.17 | 0.06 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -5.34 | -5.02 | -4.72 | -4.45 | -4.20 | -3.97 | -3.76 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -5.34 | -5.02 | -4.72 | -4.45 | -4.20 | -3.97 | -3.76 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -5.34 | -5.02 | -4.72 | -4.45 | -4.20 | -3.97 | -3.76 |
| Depreciation | 1.50 | 1.28 | 1.09 | 0.92 | 0.79 | 0.67 | 0.57 |
| Cash accruals (PAT + depreciation) | -3.84 | -3.74 | -3.63 | -3.52 | -3.41 | -3.30 | -3.19 |
| Term loan repaid | 0.50 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -4.34 | -4.74 | -4.63 | -4.52 | -4.41 | -4.30 | -4.19 |
| Cash and bank | -4.34 | -9.08 | -13.72 | -18.24 | -22.65 | -26.96 | -31.15 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 3.51 | 3.51 | 3.51 | 3.51 | 3.51 | 3.51 | 3.51 |
| Reserves and surplus | -5.34 | -10.36 | -15.08 | -19.52 | -23.72 | -27.69 | -31.45 |
| Term loan outstanding | 6.02 | 5.01 | 4.01 | 3.01 | 2.01 | 1.00 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 4.19 | -1.84 | -7.56 | -13.01 | -18.21 | -23.18 | -27.94 |
| Net fixed assets | 8.52 | 7.24 | 6.16 | 5.23 | 4.45 | 3.78 | 3.21 |
| 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 | -4.34 | -9.08 | -13.72 | -18.24 | -22.65 | -26.96 | -31.15 |
| Total assets | 4.19 | -1.84 | -7.56 | -13.01 | -18.21 | -23.18 | -27.94 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -2.59 | -1.94 | -2.08 | -2.25 | -2.44 | -2.67 | -2.95 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -2.42 |
|---|---|
| Lowest DSCR | -2.95 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 1.50 | 1.28 | 1.09 | 0.92 | 0.79 | 0.67 | 0.57 |
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 | 6.52 | 0.71 | 0.50 | 6.02 |
| 2 | 6.02 | 0.61 | 1.00 | 5.01 |
| 3 | 5.01 | 0.50 | 1.00 | 4.01 |
| 4 | 4.01 | 0.39 | 1.00 | 3.01 |
| 5 | 3.01 | 0.28 | 1.00 | 2.01 |
| 6 | 2.01 | 0.17 | 1.00 | 1.00 |
| 7 | 1.00 | 0.06 | 1.00 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST registration
- Shop or business registration
- Trade licence from the local body
- Trademark for the brand (optional)
- IEC from DGFT for export
18 Government schemes that may apply
- Prime Minister's Employment Generation Programme (PMEGP)
- Pradhan Mantri MUDRA Yojana (PMMY) – Shishu, Kishor, Tarun, Tarun Plus
19 Sources
- Uttarakhand DUY project profile — Shingaar Manufacturing Unit — https://duy-heduk.org/downloads/project-profiles/Project%20Profile%20328.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.