Project Profile: Project: Capacity: Project Cost: Exported Oriented

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PROJECT PROFILE

Project Profile

Project: Capacity: Project Cost: Exported oriented:

Shrimp Papad 180 MT/Annum INR 14.73 lakhs Targeted at domestic markets

Candidate industry Shrimp Papad

Project description

Relevance of the industry in Karnataka

Project Profile

Possible locations

Manufacturing process

Quality related aspects

Indicative project financials Project cost


Means of finance Project feasibility

Candidate industry Shrimp Papad

Description

Papad is one of the most popular Indian table enrichers consumed in majority of households since long. Papad making was considered as a household activity but since last 25-30 years, it has become a commercial activity. The market is primarily controlled by local brands with the exception of one particular brand, which is available in almost every part of the country. With growing market, many of the manual operations have been mechanised.

Project Profile

Relevance of the industry in Karnataka

Karnataka has a fairly long coastal area and it has excellent shrimp cultivation. Apart from shrimp from sea, there are many shrimp growers spread across the coastal districts. With increasing urbanisation and changing life style, there is a huge demand for ready-to-cook varieties such as Papad. Shrimp papad is one such favoured item

among non-veg lovers. Households, hotels, dhabas, restaurants, canteens, etc., are few
potential customers.

Major districts suitable for the industry

1. Uttara Kannada

2. Uduppi
3. Dakshina Kannada

Project Profile: Candidate industry Shrimp Papad

Process Flowchart Manufacturing Process Powdered pulses like black gram or udad along with shrimp

flour, spices, salt and sodium carbonate and water are


thoroughly mixed in a mixer to form homogenous dough. After about 25-30 minutes, small balls weighing around 6-8

Dough formation from various ingredients

Project Profile

grams and of about 2 cm dia. are made and they are placed in thin circular discs of papad press wherein balls are pressed to form wafer like and circular shaped papads. Then they are dried in a dryer and on cooling they are packed in polythene bags.

Making small balls from dough

Pressing

Quality and compliance


Compliance should be with: 1. Prevention of Food Adulterations Acts and Rules, 1954 2. Fruit Products Order, 1955

Drying

Cooling and packing

Project Profile: Candidate industry Shrimp Papad

Cost of the Project Land and Building Machinery Miscellaneous Assets

Amount (Rs in Lakhs) 5.74 3.78 0.98 1.05 0.98 2.20 14.73

Project Profile

Preliminary and preoperative expenses Contingencies (10% of project cost) Working capital Total cost

Means of Finance
Promoters contribution Term loan from bank Debt equity ratio

Amount (Rs in Lakhs)


4.37 10.36 2.37:1

Project Profile: Candidate industry Shrimp Papad

Assumptions Sale price per Kg Capacity of the unit Rs 70 per Kg 180 tonnes per annum

Projected Profitability

Amount (Rs in Lakhs) 81.90 73.07 8.83 1.77 7.06 Year 1 7.06 5.43 Year 2 8.37 4.95 Year 3 9.86 4.49 Total 25.29 14.87

Project Profile

Revenue at 65% utilization Cost of production including loan payment Profit Before Tax Income tax @ 20% Profit After Tax IRR calculation Cash Accruals (PAT) Discount factor @ 30% IRR = 30%

Project Profile: Candidate industry Shrimp Papad

Reference: 1. 2. 3. 4. Ministry of Food Processing Industries, Government of India Ministry of Micro, Small and Medium Enterprises , Government of India National Bank for Agriculture and Rural Development Central Food Technological Research Institute, Mysore National Horticulture Board

Project Profile

5.

Disclaimer: This presentation has been prepared for general guidance on matters of interest only. The reader should not act upon the information contained in this presentation without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this presentation, and, to the extent permitted by law, GoK, its consultants, its members, employees and agents accept no liability, and disclaim all responsibility, for the consequences of reader or anyone else acting, or refraining to act, in reliance on the information contained in this presentation or for any decision based on it.

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