A project report your credit officer can actually use.
Built from your quotations and statements, not a template. 5-7 years of reconciled projections, DSCR, interest cover and break-even computed and explained, stress-tested for lower prices and volumes, and shaped to your route — PMEGP, Mudra, CGTMSE-backed loans or MoFPI. Sized honestly to what the business can repay, with revisions for lender queries included.
- Promoter, project and market narrative in bank format
- Cost of project + means of finance with quotations
- 5-7 year projected P&L, balance sheet and cash flow
- DSCR, interest coverage, break-even and payback analysis
- Scheme-specific formats: PMEGP, Mudra, CGTMSE, MoFPI
- Revisions until the lender's queries are closed
What a bank-ready project report contains
Six building blocks, in the order credit officers read them: cost of project, means of finance, projections, ratios, sensitivity and route fit. Each is only as strong as the documents behind it.
What credit officers read first:
- Who the promoter is and why they can run this
- What is being built, where, at what capacity
- Who buys, at what price, with what evidence
Where the money goes and comes from:
- Cost of project — every line backed by a quotation or estimate
- Means of finance — promoter money, loan, subsidy — adding up exactly
- Working capital sized from the operating cycle
Can it repay?
- 5-7 years of P&L, balance sheet and cash flow that reconcile
- DSCR = (PAT + depreciation + interest) ÷ (principal + interest)
- Interest cover, break-even, payback
- Stress cases: lower price, lower volume, higher cost
Shaped to the route:
- Mudra · PMEGP · CGTMSE-backed loan · MoFPI · AIF
You need this if...
- You're applying for a term loan or composite loan — the bank's credit officer will read the project report before anything else
- You're filing under a government scheme — PMEGP, Mudra (Kishor and above), CGTMSE-backed loans or a MoFPI grant — each expects a report in its own shape
- Your numbers need to hold up — capacity, pricing, raw-material cost and working capital that match your quotations and bank statements
- You need to show repayment capacity — DSCR, interest cover and break-even presented the way appraisal notes are written
- You're raising investor or partner money alongside a loan and need one consistent model
- A bank returned your earlier report with queries you're not sure how to answer
You may not need this if...
- You need a Shishu Mudra loan (≤₹50,000) — a quotation or short activity note is usually enough; we'll guide you free
- You want a report with inflated numbers to get a bigger loan — we won't prepare one, and appraisers catch them anyway
- You need working-capital limits only for an existing business — the bank usually wants CMA data, which is our separate CMA service
- You want a generic template — free model DPRs (e.g. NIFTEM's, listed on MoFPI's site) are a fine starting point for simple units
- You need a techno-economic viability study signed by an engineer for a large industrial project — we coordinate, but the engineer certifies
- You expect the report to guarantee sanction — the bank decides; a good report removes avoidable reasons to say no
What our project reports actually deliver
Credit-officer structure · reconciled projections · ratios explained · scheme formats · honest sizing · revisions until queries close.
Written the Way Credit Officers Read
A bank project report isn't a business plan pitch. Credit officers look for a clear promoter profile, a realistic cost of project backed by quotations, a means of finance that adds up, and projections tied to capacity. We follow the structure appraisal notes use — so the officer can lift sections straight into their note instead of sending queries back.
Projections That Reconcile
5-7 years of projected P&L, balance sheet and cash flow that actually balance — depreciation matching the asset schedule, loan repayment matching the EMI schedule, working capital matching the operating cycle. Inconsistent projections are the fastest way to lose a credit officer's confidence; a model that reconciles line by line earns it.
DSCR, ICR and Break-Even — Explained
We compute the ratios lenders appraise: DSCR ((PAT + depreciation + interest) ÷ (principal + interest)), interest coverage, break-even and payback. There's no single RBI-prescribed DSCR — each bank's credit policy sets its comfort level, commonly in the 1.2-1.5 range depending on sector and loan. We show how your numbers compare and what drives them.
Scheme Formats Built In
Different schemes want different things. PMEGP reports go through KVIC/DIC scrutiny with capacity and employment focus. Mudra Kishor and Tarun files need a business plan the branch can appraise. CGTMSE-backed loans above ₹50 lakh need an investment-grade internal rating. MoFPI grant EoIs have their own DPR format. One report, shaped to the route you're actually using.
Honest Sizing — Not Inflated
We size the project to what the business can service. Asking for too much is as damaging as too little — the appraiser tests repayment from cash flows, and inflated revenue assumptions get cut. We'd rather tell you a ₹40 lakh project is fundable and a ₹70 lakh one isn't yet, and show you what would change that.
Revisions Until Queries Close
Bank queries are normal. Every tier includes revisions to answer lender queries on the report we prepared — updated quotations, a revised means of finance, a sensitivity case. You don't pay again because the credit officer asked a question.
Coming soon: how a project report is built
Brief and route → documents and evidence → integrated model → ratios and stress cases → walk-through with you → submission → bank queries answered. In 2 minutes.
3-phase journey · Brief to lender decision
Amber = brief and inputs (days 1-5). Gold = modelling and report (days 5-10). Green = submission and lender queries. Turnaround depends mostly on how quickly quotations and statements arrive.
Brief + Route
What you're building and which financing route — it decides the format.
Inputs
Quotations, statements, capacity and pricing evidence; gaps flagged early.
Model
Integrated 5-7 year projections that reconcile every year.
Ratios + Stress
DSCR, interest cover, break-even; price, volume and cost shocks.
Walk-through
You can explain every number to the branch manager.
Queries
Revisions to answer lender queries — included in every tier.
6 eligibility scenarios
Documents we work from
Promoter and entity, project inputs, and financial and market evidence. WhatsApp photos are fine to start; we tell you exactly what's missing before we model.
Promoter + Entity
- PAN, Aadhaar of promoters / partners / directors
- Educational + experience background
- Entity registration (proprietorship / partnership / LLP / company)
- Udyam registration + GST (if registered)
- Premises: ownership / lease / rent agreement
- Sector licences (FSSAI, pollution, trade licence)
Project Inputs
- Machinery / equipment quotations (GST-inclusive)
- Civil / fit-out estimate
- Installed capacity + utilisation plan
- Raw material sources and prices
- Staffing plan with salaries
- Power, water and other utility requirements
Financial + Market
- ITRs + financial statements — last 2-3 years (existing)
- Bank statements — last 12 months
- GST returns (existing businesses)
- Customer enquiries / orders / offtake letters
- Selling-price evidence (quotes, invoices, market rates)
- Existing loan statements and sanction letters
Check your year-1 DSCR and likely route
Enter project cost, your contribution, loan terms, a steady-state revenue and operating margin. Shows loan size, EMI, year-1 debt service, a simplified year-1 DSCR, break-even and the likely financing route. Assumes 10% depreciation and 25% tax — a first look, not a DPR.
Our DPR vs a template vs an online DPR tool
Templates and online generators are useful starting points — and for tiny, simple loans they may be enough. When real money is on the line, the differences below decide whether the report helps or hurts.
| Criteria | TP Project Report | Free template / model DPR | Online DPR generator |
|---|---|---|---|
| Built from your numbers | Yes · quotations, statements, capacity | Generic assumptions | Your inputs, fixed logic |
| Reconciled statements | P&L, BS, cash flow tie out | Varies | Usually |
| DSCR / ICR / BEP | Computed + explained | Sometimes | Computed |
| Scheme format | PMEGP · Mudra · CGTMSE · MoFPI | One format | Limited |
| Sizing advice | Honest · fundable amount | None | None |
| Sensitivity cases | Price · volume · cost shocks | Rarely | Sometimes |
| Narrative quality | Credit-officer style | Boilerplate | Boilerplate |
| Lender queries | Answered + revised | You're on your own | You're on your own |
| CA review | Yes | No | No |
| Scheme routing | Mudra · PMEGP · CGTMSE · MoFPI · AIF | No | No |
| Cost | From ₹5,000 | Free | Low |
| Turnaround | 3-10 days by tier | Instant | Minutes |
| Best for simple micro units | Loan-Ready tier | Good starting point | Good starting point |
| Best for ₹25L+ term loans | Yes | Risky | Risky |
| Accountability | Named CA team | None | Platform |
| When to choose | Money on the line | Learning / tiny loans | Quick first draft |
Anatomy of a project report · 6 blocks in one chart
Cost of project, means of finance, projections, ratios, sensitivity and route fit — each with what appraisers check.
Brief to lender decision · the 4-phase path
Phase 1: brief and route. Phase 2: inputs and evidence. Phase 3: model, ratios and report. Phase 4: submission and lender queries.
Understand the project, choose the route
30-minute call: what you're building, where, for whom and how much. We confirm the financing route — Mudra, PMEGP, CGTMSE-backed loan, MoFPI or AIF — because it decides the report format.
Wrong route = wrong format = rework laterQuotations, capacity and evidence
You share quotations, statements, capacity and pricing evidence (WhatsApp is fine). We test every assumption against the documents and flag gaps before modelling.
No quotations = no credible cost of projectProjections, ratios and narrative
5-7 year reconciled projections, DSCR, ICR, break-even and sensitivity cases, with the narrative in credit-officer style. You review a draft; we walk you through the numbers so you can defend them at the branch.
You must be able to explain your own report to the bankerLender queries answered
Banks often ask for clarifications or revised figures. We respond and revise the report we prepared — included in every tier — until the queries on it are closed.
The bank decides sanction — the report removes avoidable objections6 common project report mistakes — and how we avoid them
#1: revenue that exceeds capacity. #2: statements that don't reconcile. #3: working capital forgotten. Plus a DSCR that only works on paper, the wrong format for the scheme, and a report the promoter can't explain.
Revenue that doesn't match capacity
Projected sales that exceed what the machinery can produce, or assume full capacity from month one. Appraisers check revenue against installed capacity and realistic utilisation first.
Statements that don't reconcile
Cash flow that doesn't match the P&L and balance sheet, depreciation that ignores the asset list, loan balances that don't follow the EMI schedule. One inconsistency and the whole report loses credibility.
Working capital forgotten
Many first reports fund machinery but not the stock, receivables and cash needed to run it. The unit is built and then starves.
A DSCR that only works on paper
Hitting a comfortable DSCR by assuming high margins or a very long tenure. Appraisers stress-test assumptions; a DSCR that collapses under a small price or volume change signals risk.
Wrong format for the scheme
Submitting a generic bank DPR for PMEGP, or a PMEGP-style report for a MoFPI EoI. Each route has its own expectations on contribution, capacity, employment and presentation.
A report the promoter can't explain
Branch managers ask the promoter — not the consultant — why sales will grow or where raw material comes from. A report you can't explain undermines itself.
Pick your plan
Mudra or PMEGP-sized loan? ₹5,000 Loan-Ready Report. Term or composite loan from ₹25 lakh to ₹5 crore? ₹12,000 Bank DPR (recommended). ₹5 crore+, MoFPI or investors? From ₹40,000. No percentage of the loan, ever.
- Promoter + project narrative
- Cost of project + means of finance
- 5-year projected P&L and cash flow
- DSCR + break-even
- PMEGP / Mudra format as required
- Revisions for lender queries
- Shishu (≤₹50,000)? Free guidance on WhatsApp
- Everything in Loan-Ready +
- 7-year integrated P&L, balance sheet, cash flow
- DSCR, ICR, break-even, payback
- Sensitivity cases (price · volume · cost)
- Working-capital sizing from operating cycle
- CGTMSE-backed loan presentation
- One-page promoter briefing for the bank meeting
- Revisions until the lender's queries on it close
- Add CMA data for working-capital limits (separate service)
- Everything in Bank DPR +
- MoFPI EoI / scheme-specific format
- Engineer and CA certification coordination
- Sourcing, offtake and market study sections
- Investor-ready summary deck
- Multi-phase project modelling
- Final fee depends on project size and complexity
Prefer a call back?
Leave your number and a good time — we call within business hours (Mon–Sat, 10 am–7 pm) about Project Report / DPR.
MSME funding desk · ₹120+ Cr facilitated in FY26
The Tax Paramarsh desk
"Most rejected project reports fail for boring reasons: sales beyond capacity, statements that don't tie out, no working capital, or a promoter who can't explain the numbers. We build from your documents, make the model reconcile, stress-test it, and walk you through it. And if the project is too big for what the business can repay, we'll tell you — before the bank does."
What business owners say about our reports
Common questions
Straight answers on what goes into a DPR, DSCR, templates, cost, CMA data, timelines and routes. Still curious? WhatsApp us anything.
What is a DPR / project report and when do I need one?
A detailed project report (DPR) — often just called a project report — explains what you'll build, what it costs, how it's financed and how the business will repay. Banks use it to appraise term loans; schemes like PMEGP, Mudra (Kishor and above), CGTMSE-backed loans and MoFPI grants rely on it.
You usually need one for any term loan or scheme application beyond very small amounts. For a Shishu Mudra loan (up to ₹50,000), a quotation or short activity note is typically enough.
What goes into a bank-ready project report?
- Promoter profile and experience
- Project description, location, capacity and technology
- Market, customers and pricing evidence
- Cost of project (with quotations) and means of finance
- Projected P&L, balance sheet and cash flow (5-7 years)
- Ratios: DSCR, interest coverage, break-even, payback
- Working capital assessment
- Sensitivity cases and key risks
- Approvals and registrations
What DSCR do banks want?
DSCR (debt service coverage ratio) is usually computed as (PAT + depreciation + interest on term loan) ÷ (principal repayment + interest on term loan). It shows how comfortably cash from operations covers loan payments.
There is no single RBI-prescribed DSCR. Each lender's credit policy sets its benchmark — commonly somewhere around 1.2-1.5 on average over the loan period, varying by sector, loan type and the bank. We show your DSCR year by year and under stress cases, so you know how much headroom you have.
Can't I just use a free template?
For very small, simple units, a model DPR is a reasonable start — NIFTEM publishes model DPRs for many food-processing activities, linked from MoFPI's site. But templates carry generic assumptions: your capacity, prices, costs and financing are different. For loans of ₹25 lakh and above, a report built from your own quotations and statements — and that reconciles — is worth the fee.
How much does a project report cost?
- Loan-Ready Report: ₹5,000 — Mudra Kishor/Tarun, PMEGP and loans up to about ₹25 lakh
- Bank DPR: ₹12,000 — term and composite loans from about ₹25 lakh to ₹5 crore
- Scheme / Investor DPR: from ₹40,000 — ₹5 crore+, MoFPI EoIs, investor-facing models
All tiers include revisions to answer lender queries on the report we prepared. There is no government fee for a project report.
Do you charge a percentage of the loan?
No. Our fee is fixed by tier (or quoted upfront for large projects). We don't take a share of the loan or grant, and we never ask for OTPs, net-banking credentials or payments to "speed up" sanction.
Is a DPR the same as CMA data?
No. A DPR presents a project — usually for a term loan. CMA data (Credit Monitoring Arrangement) is a set of standard statements banks use to assess and monitor working-capital limits for existing businesses. Many composite loans need both; we offer CMA data as a separate service and keep the two consistent.
Will a good report guarantee my loan?
No. The bank decides, based on its credit policy, your credit history, the business and security. A well-built report removes avoidable reasons to say no — unrealistic numbers, inconsistencies, missing working capital — and makes the credit officer's job easier. That is what we can promise.
How long does it take?
- Loan-Ready Report: typically 3-5 working days once inputs are complete
- Bank DPR: typically 7-10 working days
- Scheme / Investor DPR: 2-4 weeks, depending on certifications and site inputs
The biggest variable is how quickly quotations and statements arrive.
Which scheme should my report be for?
- Up to ₹20 lakh, small business: Mudra (Tarun Plus to ₹20 lakh only after a repaid Tarun loan)
- New unit, first-time founder: check PMEGP (up to ₹50 lakh manufacturing / ₹20 lakh service; 15-35% subsidy)
- Micro/small enterprise without collateral, up to ₹10 crore: CGTMSE-backed term loan
- Food processing / cold chain: MoFPI grant when an EoI is open; AIF (3% subvention on up to ₹2 crore) any time
We confirm the route in the first call — it decides the format.
Can you fix a report the bank returned?
Yes. Send us the report and the bank's queries. We review what triggered them — often capacity, pricing, working capital or reconciliation — and either revise it or rebuild the model. If the project itself needs resizing, we'll say so plainly.
Do I need to be present at the bank?
Yes — lenders meet the promoter. We give you a one-page summary of the project and its key numbers, and walk you through the assumptions beforehand, so you can answer the branch manager's questions yourself. Where the tier includes coordination, we also handle follow-ups with the bank directly.
Let's build a report that holds up.
WhatsApp us what you're building, the rough cost and the loan you're considering. Free 30-minute call: the right route, the fundable size and the documents you'll need. Loan-Ready ₹5,000. Bank DPR ₹12,000. Scheme / Investor from ₹40,000.