M/S RIPPLE TEXTILE

PROJECTED BALANCE SHEET

AS AT JUNE 30,

2025 2026 2027 2028 2029

NOTE Rupees
ASSETS
Non Current Assets
Property, Plant and Equipment 1 63,008,211 60,291,746 57,767,709 55,420,819 53,237,124
(As per Schedule Attached)
63,008,211 60,291,746 57,767,709 55,420,819 53,237,124

Current Assets
Stocks in Trade 2 8,525,450 13,640,720 21,825,152 34,920,243 55,872,389
Trade Debtors 3 7,562,540 12,478,191 20,589,015 33,971,875 56,053,594
Advances, Deposits and Prepayments 4 30,158,468 26,130,364 19,502,243 12,989,076 7,594,965
Cash & Bank Balances 5 1,676,563 2,095,703 2,619,629 3,274,536 4,093,170
47,923,021 54,344,978 64,536,039 85,155,730 123,614,118
Total Assets 110,931,232 114,636,724 122,303,748 140,576,549 176,851,242

CAPITAL & LIABILITIES

Owner's Capital 73,954,313 77,907,824 86,277,074 98,110,567 119,391,488
Profit for the Period 7,907,022 16,738,500 23,666,987 42,561,841 75,235,608
Owner's Drawings (3,953,511) (8,369,250) (11,833,494) (21,280,921) (37,617,804)
Net capital 77,907,824 86,277,074 98,110,567 119,391,488 157,009,292
M/S RIPPLE TEXTILE
PROJECTED BALANCE SHEET
AS AT JUNE 30,

2025 2026 2027 2028 2029

NOTE Rupees

Non-Current Liabilities
Long Term Loan 6 24,000,000 18,000,000 12,000,000 6,000,000 -

Current Liabilities
Creditors, Accrued & Other Payables 7 2,625,261 3,623,078 5,088,322 7,251,559 10,458,322
Current portion of term loan 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000
Provision of taxation 8 398,147 736,572 1,104,858 1,933,502 3,383,628
Short Term Loan 9 - - - - -
9,023,408 10,359,650 12,193,181 15,185,061 19,841,950
Contingencies and Commitments 10 - - - - -
Total Capital and Liabilities 110,931,232 114,636,724 122,303,748 140,576,549 176,851,242

AUDITOR'S CERTIFICATE
The Balance Sheets, Profit & Loss Accounts and Cash Flow Statements has been prepared from the records/infomations produced to us by the
Management.

Proprietor
M/S RIPPLE TEXTILE
PROJECTED PROFIT & LOSS ACCOUNT
FOR THE YEAR ENDED JUNE 30,

2025 2026 2027 2028 2029

NOTE Rupees

Sales - net 39,814,706 73,657,207 110,485,810 193,350,167 338,362,793

Less: Cost of Goods Sold 11 (24,448,181) (45,106,894) (67,434,807) (117,673,738) (205,576,021)
Gross Profit 15,366,525 28,550,312 43,051,003 75,676,429 132,786,772

Less: Operating Expenses

Administrative Expenses 12 (4,146,560) (6,733,185) (11,226,322) (19,108,278) (32,919,926)
Selling & Distribution Expenses 13 (1,999,542) (3,599,175) (6,478,514) (11,661,326) (20,990,387)
(6,146,102) (10,332,359) (17,704,836) (30,769,604) (53,910,313)
Operation Profit 9,220,423 18,217,953 25,346,167 44,906,825 78,876,459

Less: Financial Charges 14 (915,254) (742,881) (574,322) (411,482) (257,223)

Net Profit Before Tax 8,305,169 17,475,072 24,771,845 44,495,343 78,619,236

Add: Other Income - - - - -

8,305,169 17,475,072 24,771,845 44,495,343 78,619,236
Less: Income Tax (398,147) (736,572) (1,104,858) (1,933,502) (3,383,628)

Net Profit After Taxation 7,907,022 16,738,500 23,666,987 42,561,841 75,235,608

Proprietor
M/S RIPPLE TEXTILE
PROJECTED CASH FLOW STATEMENT
FOR THE YEAR ENDED JUNE 30,

2025 2026 2027 2028 2029

Rupees Rupees Rupees Rupees Rupees
Cash Flow From Operating Activities

Net Profit Before Taxation 8,305,169 17,475,072 24,771,845 44,495,343 78,619,236

Add: Financial Charges 915,254 742,881 574,322 411,482 257,223

Add: Depreciation 2,925,643 2,716,466 2,524,037 2,346,890 2,183,695

Working Capital Changes

Stocks in Trade (8,525,450) (5,115,270) (8,110,824) (13,095,091) (20,952,146)

Advances & Prepayments (30,158,468) 4,028,104 6,628,121 6,513,167 5,394,110

Trade Debtors (7,562,540) (4,915,651) (8,184,432) (13,382,860) (22,081,719)

Creditors & other payables 2,625,261 997,817 1,465,244 2,163,237 3,206,763

Provision for Taxation 398,147 338,425 368,286 828,644 1,450,126

Cash Flow from Operations (31,076,984) 16,267,844 20,036,599 30,280,812 48,077,289

Taxation (398,147) (736,572) (1,104,858) (1,933,502) (3,383,628)

Net Cash Flow from Operations (31,475,131) 15,531,272 18,931,741 28,347,310 44,693,661

Cash Flow From Investing Activities

Property, Plant & Equipment

(65,933,854) - - - -

Net Cash Flow From Investing Activities (65,933,854) - - - -

M/S RIPPLE TEXTILE
PROJECTED CASH FLOW STATEMENT
FOR THE YEAR ENDED JUNE 30,

2025 2026 2027 2028 2029

Rupees Rupees Rupees Rupees Rupees

Cash Flow From Financing Activities

Drawings (3,953,511) (8,369,250) (11,833,494) (21,280,921) (37,617,804)

Capital 73,954,313 (6,000,000) (6,000,000) (6,000,000) (6,000,000)

Financial Charges (915,254) (742,881) (574,322) (411,482) (257,223)

Bank Borrowings - - - - -

Net Cash Flow From Financing Activities 69,085,548 (15,112,131) (18,407,815) (27,692,403) (43,875,027)

Total Cash Flows (28,323,438) 419,141 523,926 654,907 818,634

Opening Balance of Cash & Cash Equivalents - 1,676,563 2,095,703 2,619,629 3,274,536

Closing Balance of Cash & Cash Equivalents ####### 2,095,703 2,619,629 3,274,536 4,093,170

Proprietor
 M/S RIPPLE TEXTILE
PROJECTED FIXED ASSETS SCHEDULE
1 FOR THE YEAR ENDED JUNE 30,
(Figures in Rupees)
COST DEPRECIATION
WRITTEN
DOWN VALUE
S.No. DESCRIPTION As at Jul 01, Addition/ As at Jun 30, Rate For the
AS AT Jun 30,
2024 (Deletion) 2025 % Period
2025

1 Land 20,000,000 - 20,000,000 0% - 20,000,000

2 Buidlings 16,254,854 - 16,254,854 5% 812,743 15,442,111
3 Machinery 17,100,000 - 17,100,000 5% 855,000 16,245,000
4 Office Equipments 1,250,250 - 1,250,250 10% 125,025 1,125,225
Electric Equipments &
5 10,548,500 - 10,548,500 10% 1,054,850 9,493,650
Installations
6 Furniture & Fixtures 780,250 - 780,250 10% 78,025 702,225

Total 2025 65,933,854 - 65,933,854 2,925,643 63,008,211

Allocation of Depreciation 2025

Cost of Goods Sold 2,340,514
Administrative Expense 585,129
2,925,643
 M/S RIPPLE TEXTILE
PROJECTED FIXED ASSETS SCHEDULE
1 FOR THE YEAR ENDED JUNE 30,
(Figures in Rupees)

COST DEPRECIATION
WRITTEN
DOWN VALUE
S.No. DESCRIPTION As at Jul 01, Addition/ As at Jun 30, Rate For the
AS AT Jun 30,
2025 (Deletion) 2026 % Period
2026

1 Land 20,000,000 - 20,000,000 0% - 20,000,000

2 Buidlings 15,442,111 - 15,442,111 5% 772,106 14,670,006
3 Machinery 16,245,000 - 16,245,000 5% 812,250 15,432,750
4 Office Equipments 1,125,225 - 1,125,225 10% 112,523 1,012,703
Electric Equipments &
5 9,493,650 - 9,493,650 10% 949,365 8,544,285
Installations
6 Furniture & Fixtures 702,225 - 702,225 10% 70,223 632,003

Total 2026 63,008,211 - 63,008,211 2,716,466 60,291,746

Allocation of Depreciation 2026

Cost of Goods Sold 2,173,172
Administrative Expense 543,293
2,716,466
 M/S RIPPLE TEXTILE
PROJECTED FIXED ASSETS SCHEDULE
1 FOR THE YEAR ENDED JUNE 30,
(Figures in Rupees)

COST DEPRECIATION
WRITTEN
DOWN VALUE
S.No. DESCRIPTION As at Jul 01, Addition/ As at Jun 30, Rate For the
AS AT Jun 30,
2026 (Deletion) 2027 % Period
2027

1 Land 20,000,000 - 20,000,000 0% - 20,000,000

2 Buidlings 14,670,006 - 14,670,006 5% 733,500 13,936,505
3 Machinery 15,432,750 - 15,432,750 5% 771,638 14,661,113
4 Office Equipments 1,012,703 - 1,012,703 10% 101,270 911,432
Electric Equipments &
5 8,544,285 - 8,544,285 10% 854,429 7,689,857
Installations
6 Furniture & Fixtures 632,003 - 632,003 10% 63,200 568,802

Total 2027 60,291,746 - 60,291,746 2,524,037 57,767,709

Allocation of Depreciation 2027

Cost of Goods Sold 2,019,229
Administrative Expense 504,807
2,524,037
 M/S RIPPLE TEXTILE
PROJECTED FIXED ASSETS SCHEDULE
1 FOR THE YEAR ENDED JUNE 30,
(Figures in Rupees)

COST DEPRECIATION
WRITTEN
DOWN VALUE
S.No. DESCRIPTION As at Jul 01, Addition/ As at Jun 30, Rate For the
AS AT Jun 30,
2027 (Deletion) 2028 % Period
2028

1 Land 20,000,000 - 20,000,000 0% - 20,000,000

2 Buidlings 13,936,505 - 13,936,505 5% 696,825 13,239,680
3 Machinery 14,661,113 - 14,661,113 5% 733,056 13,928,057
4 Office Equipments 911,432 - 911,432 10% 91,143 820,289
Electric Equipments &
5 7,689,857 - 7,689,857 10% 768,986 6,920,871
Installations
6 Furniture & Fixtures 568,802 - 568,802 10% 56,880 511,922

Total 2028 57,767,709 - 57,767,709 2,346,890 55,420,819

Allocation of Depreciation 2028

Cost of Goods Sold 1,877,512
Administrative Expense 469,378
2,346,890
 M/S RIPPLE TEXTILE
PROJECTED FIXED ASSETS SCHEDULE
1 FOR THE YEAR ENDED JUNE 30,
(Figures in Rupees)

COST DEPRECIATION
WRITTEN
DOWN VALUE
S.No. DESCRIPTION As at Jul 01, Addition/ As at Jun 30, Rate For the
AS AT Jun 30,
2028 (Deletion) 2029 % Period
2029

1 Land 20,000,000 - 20,000,000 0% - 20,000,000

2 Buidlings 13,239,680 - 13,239,680 5% 661,984 12,577,696
3 Machinery 13,928,057 - 13,928,057 5% 696,403 13,231,654
4 Office Equipments 820,289 - 820,289 10% 82,029 738,260
Electric Equipments &
5 6,920,871 - 6,920,871 10% 692,087 6,228,784
Installations
6 Furniture & Fixtures 511,922 - 511,922 10% 51,192 460,730

Total 2029 55,420,819 - 55,420,819 2,183,695 53,237,124

Allocation of Depreciation 2029

Cost of Goods Sold 1,746,956
Administrative Expense 436,739
2,183,695
M/S RIPPLE TEXTILE
PROJECTED NOTES TO ACCOUNTS
FOR THE YEAR ENDED JUNE 30,

NOTE 2025 2026 2027 2028 2029

Rupees

1 Property, Plant and Equipment 63,008,211 60,291,746 57,767,709 55,420,819 53,237,124

2 Stocks in Trade 8,525,450 13,640,720 21,825,152 34,920,243 55,872,389

3 Trade Debtors 7,562,540 12,478,191 20,589,015 33,971,875 56,053,594

4 Advances, Deposits and Prepayments 30,158,468 26,130,364 19,502,243 12,989,076 7,594,965

5 Cash & Bank Balances

Cash in Hand & bank balances 1,676,563 2,095,703 2,619,629 3,274,536 4,093,170
1,676,563 2,095,703 2,619,629 3,274,536 4,093,170

6 Long Term Loan

6.1 Opening Balance of Term Loan 30,000,000 24,000,000 18,000,000 12,000,000 6,000,000
Less: Current Maturity of Term Loan (6,000,000) (6,000,000) (6,000,000) (6,000,000) (6,000,000)
24,000,000 18,000,000 12,000,000 6,000,000 -
M/S RIPPLE TEXTILE
PROJECTED NOTES TO ACCOUNTS
FOR THE YEAR ENDED JUNE 30,

NOTE 2025 2026 2027 2028 2029

Rupees

7 Creditors, Accrued & Other Payables

Trade Creditors 1,838,228 2,757,341 4,136,012 6,204,018 9,306,027
Accrued & other payables 787,034 865,737 952,311
- 1,047,542 1,152,296
2,625,261 3,623,078 5,088,322 7,251,559 10,458,322

8 Provision for Taxation 398,147 736,572 1,104,858 1,933,502 3,383,628

9 Short Term Loan

Running finance - - - - -
- - - - -

10 Contingencies and Commitments

There is no contingent liability at the Balance Sheet date.

11 Cost of Goods Sold

Opening Stock - 8,525,450 13,640,720 21,825,152 34,920,243

Purchases & Direct Overheads 11.1 32,973,631 50,222,164 75,619,239 130,768,830 226,528,167
32,973,631 58,747,614 89,259,959 152,593,982 261,448,410
Less: Closing Stock (8,525,450) (13,640,720) (21,825,152) (34,920,243) (55,872,389)
24,448,181 45,106,894 67,434,807 117,673,738 205,576,021

11.1 Purchases and Direct Overheads

Purchases 12,429,721 28,025,256 51,573,900 104,662,597 198,129,619
Depreciation 2,340,514 2,173,172 2,019,229 1,877,512 1,746,956
Factory overheads 18,203,396 20,023,736 22,026,109 24,228,720 26,651,592
32,973,631 50,222,164 75,619,239 130,768,830 226,528,167
M/S RIPPLE TEXTILE
PROJECTED NOTES TO ACCOUNTS
FOR THE YEAR ENDED JUNE 30,

NOTE 2025 2026 2027 2028 2029

Rupees

12 Administrative Expenses

Staff salaries & benefits 1,370,439 2,398,269 4,196,971 7,344,699 12,853,223

Utilities 475,734 832,534 1,456,934 2,549,634 4,461,860
Postage & Telegram 18,203 31,855 55,746 97,556 170,722
Travelling, conveyance & vehicle running 358,034 626,559 1,096,478 1,918,836 3,357,963
Entertainment 236,385 413,673 723,928 1,266,873 2,217,028
Rent, rates & taxes 193,045 337,828 591,199 1,034,598 1,810,546
Legal and professional 73,150 128,013 224,022 392,038 686,067
Repair & maintenance 221,703 387,980 678,965 1,188,188 2,079,330
Welfare & donation 192,940 337,645 590,879 1,034,038 1,809,566
Printing & stationery 231,248 404,683 708,195 1,239,342 2,168,849
Medical expenses 68,800 120,399 210,698 368,722 645,264
Depreciation 585,129 543,293 504,807 469,378 436,739
Miscellaneous 121,754 170,455 187,500 204,375 222,769

4,146,560 6,733,185 11,226,322 19,108,278 32,919,926

13 Selling & Distribution Expenses

Delivery & forwarding 248,034 446,460 803,629 1,446,531 2,603,756

Sales commissions 793,700 1,428,659 2,571,586 4,628,855 8,331,940
Marketing staff salaries 908,034 1,634,460 2,942,029 5,295,651 9,532,172
Marketing expenses 49,775 89,595 161,271 290,288 522,518
1,999,542 3,599,175 6,478,514 11,661,326 20,990,387
M/S RIPPLE TEXTILE
PROJECTED NOTES TO ACCOUNTS
FOR THE YEAR ENDED JUNE 30,

NOTE 2025 2026 2027 2028 2029

Rupees

14 Financial Charges

Bank charges & mark up 15,254 22,881 34,322 51,482 77,223

Term loan bank charges 900,000 720,000 540,000 360,000 180,000
915,254 742,881 574,322 411,482 257,223

Proprietor
 FINANCIAL ANALYSIS SUMMARY

(A) PROFIT AND LOSS

2025 2026

Sales 39,814,706 73,657,207

Less: Cost of sales (24,448,181) (45,106,894)
Gross profit 15,366,525 28,550,312
Less: Operating expenses (6,146,102) (10,332,359)
Operating profit 9,220,423 18,217,953
Less: Financial charges (915,254) (742,881)
Net profit before tax 8,305,169 17,475,072
Less: Income tax (398,147) (736,572)
Net profit after tax 7,907,022 16,738,500

RATIOS
Gross profit ratio 38.60% 38.76%
Operating profit ratio 23.16% 24.73%
Net Profit Ratio 19.86% 22.72%
Return on capital 10.15% 19.40%
Return on assets 7.13% 14.60%
Receivable turnover 5.26 5.90
Payable turnover 0.08 0.06
Inventory turnover 0.00 0.00

(B) BALANCE SHEET

CURRENT ASSETS
Cash in hand & Banks 1,676,563 2,095,703
Stock in Trade 8,525,450 13,640,720
Advances & Prepayments 30,158,468 26,130,364
Trade Debtors 7,562,540 12,478,191
Other current assets - -
47,923,021 54,344,978
CURRENT LIABILITIES
Bank borrowings - -
Trade Creditors 1,838,228 2,757,341
Accrued and other liabilities 787,034 865,737
Provision for taxation 398,147 736,572
3,023,408 4,359,650
Working Capital 44,899,613 49,985,328
Add: Fixed Assets
Net Fixed Assets 63,008,211 60,291,746
63,008,211 60,291,746
Assets Net of Current Liabilities 107,907,824 110,277,074
 2025 2026
Net Worth:
Financed By:
Paid up capital 73,954,313 77,907,824
Addition in capital - -
Reserves/Unappropriated profit 7,907,022 16,738,500
Drawings (3,953,511) (8,369,250)
77,907,824 86,277,074

RATIOS
Current ratio 15.85 12.47
Liquid ratio 13.03 9.34
Receivable turnover (days) 68.38 60.99
Inventory turnover (days) 125.54 108.87
Payable turnover (days) 27.07 22.01
Interest coverage (10.07) (24.52)
Debt/equity ratio 0.04 0.05
Debt ratio 0.03 0.04
Cash conversion cycle (days) 166.85 147.85
Net working capital ratio 0.40 0.44