Detailed Project Report
Submersible Pump Set Manufacturing (Agriculture)
—
Prepared on: 13 November 2026 · Prepared with Building Business DPR (buildingbusiness.in)
01 Project at a glance
- Total project cost
- ₹22.21 L
- Term loan from bank
- ₹19.99 L
- Promoter’s contribution
- ₹2.22 L
- Sales · Year 3
- ₹0.00 L
- Profit after tax · Year 3
- ₹-7.38 L
- Average DSCR
- -0.86
- 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 borewell submersible pump sets that lift water from deep wells for farms.
| Main product or service | Submersible Pump Set Manufacturing (Agriculture) |
|---|---|
| Installed capacity per year (at 100%) | 10,000 units |
04 Market
- Farmers with borewells
- Agricultural pump dealers
- Borewell drilling contractors
- Dealer network
- Government irrigation and solar-pump programmes
- Export to Asia and Africa
05 Plant and machinery
| Item | Qty | ₹ | Total ₹ |
|---|---|---|---|
| Dynamic balancing machine | 1 | 6,00,000 | 6,00,000 |
| CNC lathe machine | 1 | 4,50,000 | 4,50,000 |
| Milling machine | 1 | 3,00,000 | 3,00,000 |
| Pump test system as per BIS | 1 | 2,30,000 | 2,30,000 |
| Motor varnishing and baking oven | 1 | 1,75,000 | 1,75,000 |
| Drilling machine (× 2) | 1 | 80,000 | 80,000 |
| Hacksaw machine | 1 | 75,000 | 75,000 |
| Lathe machine | 1 | 75,000 | 75,000 |
| Motor testing equipment (× 1 set) | 1 | 60,000 | 60,000 |
| Lamination press | 1 | 35,000 | 35,000 |
| Slotting machine | 1 | 35,000 | 35,000 |
| Total | 21,15,000 |
Pre-filled from: SIDBI Stand-Up Mitra project profile — Manufacturing of PumpSets Agriculture Submersible. Prices in older reports will have gone up — enter today’s quotations.
06 Raw materials
- Cast iron castings for motor and pump bodies — about 70% of the material
- Bronze impeller castings
- Electrical-grade stampings and PVC/PE-insulated copper wire — motor runs under water
- EN-8 shaft steel, O-rings, mechanical seals and bearings
07 Cost of project
| ₹ in lakh | |
|---|---|
| Plant and machinery | 21.15 |
| Contingency | 1.06 |
| Total fixed capital | 22.21 |
| Working capital margin | 0.00 |
| Total project cost | 22.21 |
08 Means of finance
| ₹ in lakh | % | |
|---|---|---|
| Promoter’s contribution | 2.22 | 10.0 |
| Term loan from bank | 19.99 | 90.0 |
| Total | 22.21 | 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 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 |
| Insurance | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Total cost of operations | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 |
| Operating profit (EBITDA) | -3.44 | -3.44 | -3.44 | -3.44 | -3.44 | -3.44 | -3.44 |
| Depreciation | 3.33 | 2.83 | 2.41 | 2.05 | 1.74 | 1.48 | 1.26 |
| Preliminary expenses written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest on term loan | 2.16 | 1.87 | 1.54 | 1.20 | 0.86 | 0.52 | 0.18 |
| Interest on working capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -8.93 | -8.14 | -7.38 | -6.68 | -6.03 | -5.43 | -4.87 |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit after tax | -8.93 | -8.14 | -7.38 | -6.68 | -6.03 | -5.43 | -4.87 |
12 Cash flow
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Profit after tax | -8.93 | -8.14 | -7.38 | -6.68 | -6.03 | -5.43 | -4.87 |
| Depreciation | 3.33 | 2.83 | 2.41 | 2.05 | 1.74 | 1.48 | 1.26 |
| Cash accruals (PAT + depreciation) | -5.60 | -5.31 | -4.97 | -4.63 | -4.29 | -3.96 | -3.62 |
| Term loan repaid | 1.54 | 3.07 | 3.07 | 3.07 | 3.07 | 3.07 | 3.07 |
| Owner’s drawings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Surplus after repayment | -7.14 | -8.38 | -8.05 | -7.71 | -7.37 | -7.03 | -6.69 |
| Cash and bank | -7.14 | -15.52 | -23.57 | -31.27 | -38.64 | -45.68 | -52.37 |
13 Projected balance sheet
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Capital (own + subsidy) | 2.22 | 2.22 | 2.22 | 2.22 | 2.22 | 2.22 | 2.22 |
| Reserves and surplus | -8.93 | -17.07 | -24.45 | -31.13 | -37.16 | -42.60 | -47.47 |
| Term loan outstanding | 18.45 | 15.37 | 12.30 | 9.22 | 6.15 | 3.07 | 0.00 |
| Working capital loan | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 11.74 | 0.52 | -9.93 | -19.68 | -28.79 | -37.30 | -45.25 |
| Net fixed assets | 18.88 | 16.04 | 13.64 | 11.59 | 9.85 | 8.38 | 7.12 |
| 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 | -7.14 | -15.52 | -23.57 | -31.27 | -38.64 | -45.68 | -52.37 |
| Total assets | 11.74 | 0.52 | -9.93 | -19.68 | -28.79 | -37.30 | -45.25 |
14 Ratios and break-even
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Debt service coverage ratio (DSCR) | -0.93 | -0.69 | -0.74 | -0.80 | -0.87 | -0.96 | -1.05 |
| Break-even (% of capacity used) | — | — | — | — | — | — | — |
| Cash break-even | — | — | — | — | — | — | — |
| Average DSCR | -0.86 |
|---|---|
| Lowest DSCR | -1.05 |
| Payback period | — |
15 Depreciation
| Year → (₹ in lakh) | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Depreciation | 3.33 | 2.83 | 2.41 | 2.05 | 1.74 | 1.48 | 1.26 |
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 | 19.99 | 2.16 | 1.54 | 18.45 |
| 2 | 18.45 | 1.87 | 3.07 | 15.37 |
| 3 | 15.37 | 1.54 | 3.07 | 12.30 |
| 4 | 12.30 | 1.20 | 3.07 | 9.22 |
| 5 | 9.22 | 0.86 | 3.07 | 6.15 |
| 6 | 6.15 | 0.52 | 3.07 | 3.07 |
| 7 | 3.07 | 0.18 | 3.07 | 0.00 |
17 Licences and registrations
- Udyam registration
- GST registration
- BIS certification (ISI mark) to IS 8034 — check whether a Quality Control Order applies
- Factory licence
- IEC code for exports
18 Government schemes that may apply
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
- Stand-Up India
19 Sources
- SIDBI Stand-Up Mitra project profile — Manufacturing of PumpSets Agriculture Submersible — https://www.standupmitra.in/Default/ViewFile/?id=1520593375856_Manufecturing%20of%20Pump%20Sets%20for%20Agriculture%20%20(Submersible).docx&path=ProjectProfile
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.