Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, bulb) of plants used as a flavoring or seasoning, although many can also be used as a herbal medicine. A closely related term, ‘herb’, is used to distinguish plant parts finding the same uses but derived from leafy or soft flowering parts. The two terms may be used for the same plants in which the fresh leaves are used as herbs, while other dried parts are used as spices, e.g. coriander, dill.

 

Spices are no longer regarded as wonders of medicine, but they still play an important part in the manufacture of many cosmetics and perfumes and are grown commercially for their coloring and preservative properties. Nutmeg and mace are no longer the main crops of the Moluccas, but instead are grown on a large scale on the West Indian island of Grenada. Cloves, however, still come from Madagascar and Zanzibar-names that are still evocative and romantic and hint strongly of spices.

Spices can be aromatic or pungent in flavors and peppery or slightly bitter in taste. In order to keep their fragrance and flavor intact, they are generally added in the cooking recipes at the last moments since, prolonged cooking results in evaporation of essential oils.

 

Spices are being used in the preparation of season soups, barbecue sauces, pickling and as a main ingredient in a variety of curry powders.Spices along with some seasonal herbs are being used to enhance the flavor and taste of vegetable, chicken, fish and meat dishes.

 

Few Indian Major Players are as under

·         A V T Mccormick Ingredients Pvt. Ltd.

·         A V Thomas Intl. Ltd.

·         Chordia Food Products Ltd.

·         Devon Foods Ltd.

·         Eastern Overseas Ltd.

·         Empire Spices & Foods Ltd.

·         Indian ChilliesTrdg. Co. Ltd.

·         Indian Products Ltd.

·         J C R Drillsol Pvt. Ltd.

·         JamnadasMadhavji Intl. Ltd.

·         Kedar Spices Ltd.

·         Kohinoor Foods Ltd.

·         M T R Foods Pvt. Ltd.

·         Madhur Industries Ltd.

·         N H C Foods Ltd.

·         Nedspice Processing India Pvt. Ltd.

·         Ramdev Food Products Pvt. Ltd.

·         S T C L Ltd.

·         Shalimar Chemical Works Pvt. Ltd.

·         Swani Spice Mills Pvt. Ltd.

·         Vinayak Ingredients (India) Pvt. Ltd.

 

Table of Contents

1.       District Profile & Geotechnical Site Characterization

1.1.    General

1.2.    Climate &Rainfall

1.3.    Culture &Attitudes

1.4.    Map

1.5.    Transportation and Communications

1.6.    Economy & Industry

2.       Introduction

3.       Uses & Application

3.1.    Masala

3.2.    Spice Blends

4.       Properties

5.       list of spices in Asia

6.       Classification of Spices

7.       Different Types of Masala

8.       B.I.S. Specifications

9.       Market Survey

9.1.    Indian Spice Industry

9.2.    Huge Market

9.3.    Readymade Mixes

10.   Financials & Comparison of Major Players/Companies

10.1.About Financial Statements of CMIE Database

10.2.Profits & Appropriations

10.3.Total Liabilities

10.4.Total Assets

10.5.Net Cash Flow from Operating Activities

10.6.Section – I

10.6.1.    Name of Company with Contact Details

10.6.2.    Name of Director(S)

10.6.3.    Plant Capacity

10.6.4.    Location of Plant

10.6.5.    Name of Raw Material(S) Consumed with Quantity & Cost

10.7.Section – II

10.7.1.          Assets

10.7.2.          Cash Flow

10.7.3.          Cost as % Ge of Sales

10.7.4.          Forex Transaction

10.7.5.          Growth in Assets & Liabilities

10.7.6.          Growth in Income & Expenditure

10.7.7.          Income & Expenditure

10.7.8.          Liabilities

10.7.9.          Liquidity Ratios

10.7.10.       Profitability Ratio

10.7.11.       Profits

10.7.12.       Return Ratios

10.7.13.       Structure of Assets & Liabilities (%)

10.7.14.       Working Capital & Turnover Ratios

11.   Export &Import Statistics Data of India

11.1.Export Statistics Data for Masala Powder

11.2.Import Statistics Data for Masala Powder

12.   Present Manufacturers

13.   Raw Material

14.   Formulas for Spices

14.1.Pickle Masala (Mango)

14.2.Chat Masala

14.3.Sambhar Masala

14.4.Garam Masala

14.5.Thandai Masala

14.6.Meat Masala

14.7.Tandoori Chicken Powder

14.8.Curry Powder

14.9.Punjabi Chole Ka Masala

15.   Recipes of Various Masala Powder

15.1.Red Chili Powder

15.2.Sambhar Masala

15.3.Biryani Masala

15.4.Chicken Fry Masala Powder

16.   Agmark Specifications

16.1.Masala Grade Designations as per Agmark

16.2.Chicken Masala

16.3.Sambhar Masala

16.4.Packing of Masala Powder

16.5.Marking of Masala Packages

17.   Manufacturing Process

18.   Process Flow Diagram

19.   Suppliers of Plant Machinery

19.1.Complete Machinery Suppliers

20.   Suppliers of Raw Material

21.   Raw Material, Machinery & Product Photographs

22.   Plant Layout

23.   Quotation of Plant, Machinery and Equipments from Supplier

 

PROJECT FINANCIALS

·         Project at a Glance

Annexure

·         Assumptions for Profitability workings ….…………………………………………....................... 1

·         Plant Economics…………………………………………………………………………….................... 2

·         Production Schedule……………………………………………………………………….................... 3

·         Land & Building…………………………………………………………………………….................... 4

§  Factory Land & Building

§  Site Development Expenses

·         Plant & Machinery………………………………………………………………………….................... 5

§  Indigenous Machineries

§  Other Machineries (Miscellaneous, Laboratory etc.)

·         Other Fixed Assets………………………………………………………………………….................... 6

§  Furniture & Fixtures

§  Pre-operative and Preliminary Expenses

§  Technical Knowhow

§  Provision of Contingencies

·         Working Capital Requirement Per Month………………………………………………................. 7

§  Raw Material

§  Packing Material

§  Lab & ETP Chemical Cost

§  Consumable Store

·         Overheads Required Per Month and Per Annum ……………………………………................. .8

§  Utilities & Overheads (Power, Water and Fuel Expenses etc.)

§  Royalty and Other Charges

§  Selling and Distribution Expenses

·         Salary and Wages ……………………………………………………………………………................. 9

·         Turnover Per Annum ………………………………………………………………………................ 10

·         Share Capital…………………………………………………………………………………................ 11

§  Equity Capital

§  Preference Share Capital

 

•        Annexure 1            ::        Cost of Project and Means of Finance

•        Annexure 2            ::        Profitability and Net Cash Accruals

§  Revenue/Income/Realisation

§  Expenses/Cost of Products/Services/Items

§  Gross Profit

§  Financial Charges    

§  Total Cost of Sales

§  Net Profit After Taxes

§  Net Cash Accruals

 

•        Annexure 3            ::        Assessment of Working Capital requirements

§  Current Assets

§  Gross Working Capital

§  Current Liabilities

§  Net Working Capital

§  Working Note for Calculation of Work-in-process

 

•        Annexure 4            ::        Sources and Disposition of Funds

•        Annexure 5            ::        Projected Balance Sheets

§  ROI (Average of Fixed Assets)

§  RONW (Average of Share Capital)

§  ROI (Average of Total Assets)

 

•        Annexure 6            ::        Profitability ratios

§  D.S.C.R

§  Earnings Per Share (EPS)

§  Debt Equity Ratio

 

•        Annexure 7            ::        Break-Even Analysis

§  Variable Cost & Expenses

§  Semi-Variable/Semi-Fixed Expenses

§  Profit Volume Ratio (PVR)

§  Fixed Expenses / Cost 

§  B.E.P

 

•        Annexure 8 to 11   ::        Sensitivity Analysis-Price/Volume

§  Resultant N.P.B.T

§  Resultant D.S.C.R

§  Resultant PV Ratio

§  Resultant DER

§  Resultant ROI

§  Resultant BEP

 

•        Annexure 12          ::        Shareholding Pattern and Stake Status

§  Equity Capital

§  Preference Share Capital

 

•        Annexure 13          ::        Quantitative Details-Output/Sales/Stocks

§  Determined Capacity P.A of Products/Services

§  Achievable Efficiency/Yield % of Products/Services/Items 

§  Net Usable Load/Capacity of Products/Services/Items   

§  Expected Sales/ Revenue/ Income of Products/ Services/ Items   

 

•        Annexure 14          ::        Product wise domestic Sales Realisation

•        Annexure 15          ::        Total Raw Material Cost

•        Annexure 16          ::        Raw Material Cost per unit

•        Annexure 17          ::        Total Lab & ETP Chemical Cost

•        Annexure 18          ::        Consumables, Store etc.

•        Annexure 19          ::        Packing Material Cost

•        Annexure 20          ::        Packing Material Cost Per Unit

•        Annexure 21          ::        Employees Expenses

•        Annexure 22          ::        Fuel Expenses

•        Annexure 23          ::        Power/Electricity Expenses

•        Annexure 24          ::        Royalty & Other Charges

•        Annexure 25          ::        Repairs & Maintenance Expenses

•        Annexure 26          ::        Other Manufacturing Expenses

•        Annexure 27          ::        Administration Expenses

•        Annexure 28          ::        Selling Expenses

•        Annexure 29          ::        Depreciation Charges – as per Books (Total)

•        Annexure 30          ::        Depreciation Charges – as per Books (P & M)

•        Annexure 31          ::        Depreciation Charges - as per IT Act WDV (Total)

•        Annexure 32          ::        Depreciation Charges - as per IT Act WDV (P & M)

•        Annexure 33          ::        Interest and Repayment - Term Loans

•        Annexure 34          ::        Tax on Profits

•        Annexure 35          ::        Projected Pay-Back Period And IRR