Detailed Project Report
Ragi Malt (Finger Millet Malt Flour)
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹18.90 L
- Term loan from bank
- ₹12.29 L
- Promoter’s contribution
- ₹1.89 L
- Subsidy
- ₹4.73 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-6.35 L
- Average DSCR
- -1.37
- 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
Sprout, dry, roast and grind ragi into malt flour for health drinks and baby food.
| Main product or service | Ragi Malt (Finger Millet Malt Flour) |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Families with children and elderly members
- Health-food shoppers
- Baby-food and health-drink makers
- Kirana stores and supermarkets
- Medical and organic stores
- Online sale and bulk supply to food brands
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Cleaner, 150 kg per hour | 1 | 1,50,000 | 1,50,000 |
| Washer, 300 kg per hour | 1 | 1,50,000 | 1,50,000 |
| Incubators, 500 litres (× 2) | 1 | 2,80,000 | 2,80,000 |
| Tray dryer, 100 kg | 1 | 2,00,000 | 2,00,000 |
| Pulper for de-vegetation (removing rootlets) | 1 | 70,000 | 70,000 |
| Millet roaster, 150–200 kg per hour | 1 | 2,00,000 | 2,00,000 |
| Pulveriser cum sieving machine, 100 kg per hour | 1 | 2,50,000 | 2,50,000 |
| Form fill seal machine | 1 | 3,00,000 | 3,00,000 |
| Compressor, 11 bar | 1 | 2,00,000 | 2,00,000 |
| Total | 18,00,000 |
Pre-filled from: NIFTEM-Thanjavur (IIFPT) PMFME model DPR — Finger Millet Malt Food. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Finger millet (ragi) grain — costed at ₹30 a kg; 75% comes out as malt flour
- Pouches and cartons — packing material
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 18.00 |
| Contingency | 0.90 |
| Total fixed capital | 18.90 |
| Working capital margin | 0.00 |
| Total project cost | 18.90 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 1.89 | 10.0 |
| Subsidy | 4.73 | 25.0 |
| Term loan from bank | 12.29 | 65.0 |
| Total | 18.90 | 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 | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 |
| Insurance | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Total cost of operations | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 |
| Operating profit (EBITDA) | -3.35 | -3.35 | -3.35 | -3.35 | -3.35 | -3.35 | -3.35 |
| Depreciation | 2.84 | 2.41 | 2.05 | 1.74 | 1.48 | 1.26 | 1.07 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 1.33 | 1.15 | 0.94 | 0.74 | 0.53 | 0.32 | 0.11 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -7.52 | -6.91 | -6.35 | -5.83 | -5.36 | -4.93 | -4.53 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -7.52 | -6.91 | -6.35 | -5.83 | -5.36 | -4.93 | -4.53 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -7.52 | -6.91 | -6.35 | -5.83 | -5.36 | -4.93 | -4.53 |
| Depreciation | 2.84 | 2.41 | 2.05 | 1.74 | 1.48 | 1.26 | 1.07 |
| Cash accruals (PAT + depreciation) | -4.68 | -4.50 | -4.30 | -4.09 | -3.88 | -3.67 | -3.47 |
| Term loan repaid | 0.95 | 1.89 | 1.89 | 1.89 | 1.89 | 1.89 | 1.89 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -5.63 | -6.39 | -6.19 | -5.98 | -5.77 | -5.56 | -5.36 |
| Cash and bank | -5.63 | -12.02 | -18.21 | -24.19 | -29.96 | -35.52 | -40.88 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 6.62 | 6.62 | 6.62 | 6.62 | 6.62 | 6.62 | 6.62 |
| Reserves and surplus | -7.52 | -14.43 | -20.78 | -26.61 | -31.97 | -36.90 | -41.43 |
| Term loan outstanding | 11.34 | 9.45 | 7.56 | 5.67 | 3.78 | 1.89 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 10.44 | 1.63 | -6.60 | -14.32 | -21.57 | -28.39 | -34.82 |
| Net fixed assets | 16.07 | 13.66 | 11.61 | 9.87 | 8.39 | 7.13 | 6.06 |
| 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 | -5.63 | -12.02 | -18.21 | -24.19 | -29.96 | -35.52 | -40.88 |
| Total assets | 10.44 | 1.63 | -6.60 | -14.32 | -21.57 | -28.39 | -34.82 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -1.47 | -1.10 | -1.18 | -1.28 | -1.39 | -1.52 | -1.67 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -1.37 |
|---|---|
| Lowest DSCR | -1.67 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 2.84 | 2.41 | 2.05 | 1.74 | 1.48 | 1.26 | 1.07 |
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 | 12.29 | 1.33 | 0.95 | 11.34 |
| 2 | 11.34 | 1.15 | 1.89 | 9.45 |
| 3 | 9.45 | 0.94 | 1.89 | 7.56 |
| 4 | 7.56 | 0.74 | 1.89 | 5.67 |
| 5 | 5.67 | 0.53 | 1.89 | 3.78 |
| 6 | 3.78 | 0.32 | 1.89 | 1.89 |
| 7 | 1.89 | 0.11 | 1.89 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST registration
- FSSAI licence or registration
- Trade licence from the local body
- Legal Metrology registration for packed goods
18 Government schemes that may apply
- PM Formalisation of Micro Food Processing Enterprises (PM FME)
- Prime Minister's Employment Generation Programme (PMEGP)
- Pradhan Mantri MUDRA Yojana (PMMY) – Shishu, Kishor, Tarun, Tarun Plus
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
19 Sources
- NIFTEM-Thanjavur (IIFPT) PMFME model DPR — Finger Millet Malt Food — https://niftem-t.ac.in/pmfme/maltdpr.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.