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Project reports in Rubber Products

Non Asbestos Jointing Sheet Manufacturing Project Report

Plant cost, calender machinery, raw materials and five-year profitability for a CNAF sheet unit, with a free sample report PDF you can open right now.

Plant capacity
1,700 kg per day
Total project cost
₹502 lakh
Plant and machinery
₹247 lakh
Return on investment
26% (Year 3)
Break-even
36% of capacity
Payback period
About 3.2 years

Figures from our illustrative sample report for a typical unit. They show the format of an NPCS report and are not quotes for your project.

What is a non asbestos jointing sheet project report?

A non asbestos jointing sheet project report is a detailed project report (DPR) for a unit that bonds aramid and mineral fibres with nitrile rubber and calenders them into compressed gasket sheet. It sets out the process, machinery, raw materials, market, project cost, means of finance, five-year projections, DSCR and break-even a lender needs.

Promoters use it to size the plant and raise a term loan; banks use it to judge whether the unit can repay from its own cash flow.

Also known as: CNAF jointing sheet project report, non asbestos gasket sheet project report, project report on non asbestos jointing sheet, non asbestos jointing sheet business plan.

What a bank checks in a non asbestos jointing sheet project report

A credit officer reads a jointing sheet report for four numbers that show whether the unit can carry its loan. These are the values in our sample report and why each one gets a second look.

50.1%Raw material share of sales

Fibre, rubber and solvent take half of every rupee of sales. A report that shows much less is usually pricing aramid too low.

38%Aramid share of raw material cost

Aramid is the single biggest input. Lenders like to see the report tested at a higher aramid price, because it moves profit more than any other cost.

1.75Lowest yearly DSCR

The debt service coverage ratio (DSCR) is cash available divided by loan instalments plus interest. The sample averages 2.00 and never drops below 1.75.

45 daysCredit given to buyers

Plants, gasket cutters and stockists pay on credit. These debtor days set the cash credit limit, along with 30 days of raw material stock.

Values are the assumptions in our illustrative sample. Your report uses figures for your capacity, suppliers and buyers.

Non asbestos jointing sheet manufacturing plant cost in India

The calender sets the scale. Its roll width decides the sheet size you can sell, and the number of calenders decides daily output. The middle tier is the unit in our sample report; the other two are indicative ranges.

Small unit

₹2–3.5 crore

About 500–800 kg per day, one calender

  • Machinery₹1–1.6 crore
  • Shed and civil works (or rent)₹50–90 lakh
  • Working capital margin₹15–25 lakh

MSME term loan, often with CGTMSE cover

Our sample report

Mid-size unit

₹502 lakh

1,700 kg per day, 5,61,000 kg per year

  • Plant and machinery₹247 lakh
  • Land and building₹158 lakh
  • Working capital margin₹33 lakh

Term loan ₹376 lakh (75%), promoter ₹125 lakh

Larger plant

₹10–15 crore

About 4–6 MT per day, two calenders

  • Machinery₹5–8 crore
  • Land and building₹3–5 crore
  • Working capital margin₹0.8–1.5 crore

Adds wire-mesh and coated grades; term loan and CGTMSE where eligible

Small and larger ranges are indicative. Costs vary with calender width, solvent recovery design, location and machine make.

Plant economics of a CNAF sheet unit

The sample report models a 1,700 kg per day unit running 330 days a year, starting at 60% capacity and reaching 80% in Year 5. Sheet is sold at ₹251 per kg, ex-GST.

₹502 lakhTotal project cost
₹986 lakhSales in Year 3
₹129 lakhNet profit in Year 3
2.00Average DSCR
Cost of project (₹ lakh)
Land and site development52.92
Building and civil works105.49
Plant and machinery246.92
Other fixed assets34.62
Contingencies17.62
Preliminary and pre-operative11.44
Working capital margin32.57
Total501.58
Means of finance (₹ lakh)
Promoter's contribution (25%)125.40
Term loan from bank (75%)376.18
Cash credit limit (separate)97.70
Total project cost501.58

Term loan at 10.5% with a 6-month moratorium and 54 monthly instalments. All figures are illustrative.

Non asbestos jointing sheet manufacturing process

Most CNAF sheet is made on a sheeter calender, sometimes called the it-calender process. The sheet is not pressed in one go: it is built up from many thin layers on a hot roll until it reaches the set thickness.

  1. Fibre opening

    Aramid and mineral fibres arrive in compacted bales and are opened into a loose fluff, so no clumps weaken the finished sheet.

  2. Dough mixing

    A sigma blade kneader blends the fibres with fillers, nitrile rubber, curatives and toluene into a soft dough of even consistency.

  3. Calendering

    The dough is fed into the nip between a hot roll at about 120–160 °C and a cooler roll, and laminates onto the hot roll layer by layer.

  4. Curing and solvent removal

    As the layers build, the heat drives off the toluene, which the recovery system captures, and vulcanises the rubber binder.

  5. Release and trimming

    At the target thickness, usually 0.4–3 mm, the sheet is cut across the roll, peeled off, cooled and trimmed square.

  6. Finishing and marking

    A graphite or anti-stick coating is applied where ordered, and each sheet is printed with grade, maker and month of manufacture.

  7. Lot testing

    Samples from each lot are tested for thickness, density, compressibility, recovery and tensile strength before packing.

Raw materials for non asbestos jointing sheet

Fibre gives the sheet its strength, rubber holds it together and fillers set density and heat resistance. Toluene is a process solvent; only the share that escapes recovery is a real cost, and the sample counts that net loss.

Raw materialShare of costYear 3 (₹ lakh)
Aramid fibre38%187.75
Nitrile rubber (NBR)18%88.94
Toluene solvent, net of recovery14%69.17
Mineral and glass fibre12%59.29
Fillers such as barytes and kaolin10%49.41
Rubber chemicals and graphite8%39.53
Total100%494.09

Year 3 costs at 70% capacity from our illustrative sample.

Machinery for a jointing sheet plant

The sheeter calender is the most expensive machine in the sample, at a little over a third of the machinery budget. Solvent recovery and testing equipment are easy to under-budget, yet buyers and safety officers check both.

MachineWhat it doesSample cost (₹ lakh)
Sheeter calender with heated and cooled rollsBuilds the sheet in layers to thickness88.89
Sigma blade kneaderMixes fibre, rubber and solvent into dough34.57
Solvent recovery systemCaptures toluene for reuse29.63
Thermic fluid heaterHeats the calender roll24.69
Gasket material testing equipmentChecks each lot against the grade22.22
Fibre opening machineLoosens baled fibre19.75
Sheet trimming and cutting machineSquares and sizes sheets14.82
Graphite coating and marking unitCoats and prints grade marks12.35
Total plant and machinery246.92

Costs are the sample report's estimates for a 1,700 kg per day line. Get current quotations before you finalise.

Who buys non asbestos jointing sheet?

CNAF sheet took over from compressed asbestos fibre sheet on flanges carrying steam, water, air, oil and mild chemicals. Most of it is used for maintenance, so orders rise around plant shutdowns rather than with new construction.

Users either buy full sheets and cut their own gaskets, or buy cut gaskets from fabricators who stock sheet in several grades and thicknesses.

  • Refineries, petrochemical and fertiliser plants
  • Thermal power, sugar and paper mills
  • Pump, valve and compressor manufacturers
  • Gasket cutting and fabricating units
  • Industrial MRO distributors and stockists
  • Engine and automobile component makers

Approval comes before volume: large plants add a new sheet supplier only after trial lots pass their tests. Plan for a run of trial orders before regular business starts.

Standards and licences for a jointing sheet unit

Product standardIS 17796:2023 for CNAF gasket jointing sheets, Grades X, Y and Z. Grade Z covers water, steam, gases and oil up to 150 °C; Grade X goes up to 250 °C for steam and 400 °C for oils. BIS certification is optional under the standard
MarkingUnder IS 17796, each sheet shows the grade, month and year of manufacture and maker's name, with an identification mark on every 300 × 300 mm of sheet
Solvent storageToluene is on PESO's list of petroleum products that need a storage licence under the Petroleum Rules, 2002; plan the tank farm and apply before commissioning
Pollution board consentConsent to establish and operate from the State Pollution Control Board. The category comes from the state list; Odisha, for example, places rubber goods units with fuel-fired boilers in Orange
RegistrationsUdyam and GST registration, factory licence where thresholds apply, and fire NOC for the solvent area

Checked October 2026. Rules vary by state; confirm with the authorities before you apply.

Mistakes that weaken a jointing sheet project report

  • Pricing all output at the top grade

    High-temperature Grade X and wire-mesh sheets usually sell above general-purpose Grade Z. Revenue must follow a realistic grade mix, not the best price list.

  • Assuming all solvent is recovered

    Some toluene is always lost from the calender and dryer. Leaving out the net loss hides a cost the sample puts at 14% of raw materials.

  • Testing only at one aramid price

    Aramid is the largest input. If you import it, the report should show profit and DSCR at a higher price and a weaker rupee.

  • No budget for a testing lab

    Buyers want lot test results for compressibility, recovery and stress relaxation. The sample sets aside ₹22.22 lakh for testing equipment.

  • Short working capital

    Trade receivables are the largest current asset in the sample, at ₹104.16 lakh in Year 1. A small cash credit limit leaves the unit short while approvals build.

How NPCS helps you set up a jointing sheet plant

  • Grades and capacityPick the grades, thicknesses and sheet sizes your target buyers order, and size the calender to match.
  • Calender and recovery lineCompare calender, kneader and solvent recovery suppliers and collect quotations.
  • Bank-ready project reportProjections, DSCR, aramid price tests and working capital in the format your lender wants.
  • Approvals and layoutPlant layout with a separate solvent zone, power and heat load, and the approvals list for your state.

NPCS has prepared project reports and feasibility studies for rubber products units since 1994, and its client list records 40 assignments in the sector.

What's inside the non asbestos jointing sheet sample report

  1. Introduction
  2. Uses and applications
  3. Market potential
  4. Manufacturing process
  5. Raw materials
  6. Plant and machinery
  7. Land, building and utilities
  8. Manpower
  9. Licences and approvals
  10. Project cost and means of finance
  11. Working capital
  12. Projected profitability
  13. Cash flow statement
  14. Projected balance sheet
  15. Depreciation
  16. Term loan repayment
  17. Debt service coverage
  18. Break-even analysis
  19. Financial ratios
  20. Key assumptions
  21. Conclusion
  22. Monthly loan repayment schedule

19 pages, five-year projections, illustrative figures.

Open sample report

Free sample or a report for your project?

What you getFree sampleNPCS report for your project
Capacity and locationTypical unitYour capacity, site and state
FiguresIllustrativeBuilt on current prices and quotations
Machinery suppliers and quotationsNoYes
Market survey for your regionNoYes
Bank or scheme format (PMEGP, term loan)NoYes
Use for a loan applicationNoYes

Real NPCS non asbestos jointing sheet project reports

These are non asbestos jointing sheet project reports NPCS has prepared, with the plant capacity, total capital investment, rate of return and break-even worked out in each. Costs have moved since some were written, so we bring any of them up to date for your capacity and location.

Project reportPlant capacityTotal investmentRate of returnBreak-evenAction
Non Asbestos Jointing Sheet600,000 Kgs per Annum₹1.45 crore27%63% Get this report

Figures as worked out in each NPCS report. Total investment includes plant and machinery, land and building, and working capital.

Find other projects that fit your budget Search NPCS project profiles by investment, return and break-even, the same search as our Startup Selector.

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Non Asbestos Jointing Sheet project report: frequently asked questions

How much does a non asbestos jointing sheet plant cost in India?

A small unit with one calender making about 500–800 kg a day needs roughly ₹2–3.5 crore, and a 4–6 MT per day plant about ₹10–15 crore, both indicative. Our sample report models a 1,700 kg per day unit at ₹501.58 lakh including land, building and working capital margin. Your project report works out the cost for your grades and location.

What is non asbestos jointing sheet made of?

It is made of non-asbestos fibres, mainly aramid with mineral or glass fibre, mixed with inorganic fillers and bonded with an elastomer such as nitrile rubber (NBR). The mix is calendered under heat into a dense sheet. In our sample report aramid fibre is the largest raw material cost at 38%, followed by NBR at 18%.

Which machines are needed to make CNAF jointing sheet?

The core machine is a sheeter calender with one heated and one cooled roll, where the sheet is built up layer by layer. Around it you need a fibre opening machine, a sigma blade kneader for the dough, a thermic fluid heater, a solvent recovery system, trimming and marking equipment and a gasket testing lab.

Is non asbestos jointing sheet manufacturing profitable?

In our illustrative sample, a 1,700 kg per day unit earns a 26% return on investment in Year 3, breaks even at 36% of capacity and pays back in about 3.2 years. Real results depend on aramid prices, how much solvent you recover, your grade mix and how quickly industrial buyers approve your sheet.

Which BIS standard applies to non asbestos jointing sheets?

IS 17796:2023 covers compressed non-asbestos fibre (CNAF) gasket jointing sheets in Grades X, Y and Z, with tests for density, compressibility, recovery, tensile strength and stress relaxation. Asbestos-based sheet falls under a separate standard, IS 2712:2024. The CNAF standard says BIS certification is optional, but large buyers often ask for test results against it.

Can I get a PMEGP loan for a jointing sheet unit?

A full sheet plant is usually too large for PMEGP, which caps manufacturing projects at ₹50 lakh. A unit that only cuts gaskets from bought sheet may fit within that limit. Sheet plants normally take an MSME term loan, and eligible micro and small units can seek CGTMSE guarantee cover, now up to ₹10 crore. Confirm current terms with your bank.

Is the sample report free and can I use it for a loan?

The sample is free to view and download. It is an illustrative report that shows the format and depth of an NPCS report; its figures are representative and not based on a real project, so it should not be submitted to a bank. For a loan, NPCS prepares a report for your own capacity, location and loan scheme.

Sources and references

  1. IS 17796:2023 Gasket and packings, compressed non asbestos fibre (CNAF) based gasket jointing sheets, specificationBureau of Indian Standards, checked Oct 2026
  2. IS 2712 Gaskets and packings, compressed asbestos fibre jointing (superseded by IS 2712:2024)Bureau of Indian Standards, checked Oct 2026
  3. List of petroleum products requiring licencePetroleum and Explosives Safety Organisation, checked Oct 2026
  4. Categorisation of industrial sectors under Orange categoryState Pollution Control Board, Odisha, checked Oct 2026
  5. Prime Minister's Employment Generation Programme (PMEGP) guideDistrict Industries Centre, Ganjam, Government of Odisha, checked Oct 2026
  6. Credit Guarantee Fund Trust for Micro and Small EnterprisesCGTMSE, checked Oct 2026
Ajay Kumar Gupta, founder of NPCS

Who prepares NPCS reports

The NPCS project team, led by Ajay Kumar Gupta

This page and its sample report are prepared and reviewed by the NPCS project team, which has written techno-economic feasibility studies and detailed project reports since 1994.

Ajay Kumar Gupta founded Niir Project Consultancy Services (NPCS) and leads the organisation. With 40 years of experience in MSME project consulting, he has built the team that has delivered more than 28,000 project reports for clients worldwide, helping entrepreneurs plan and finance profitable manufacturing businesses.

Ajay Kumar Gupta on LinkedIn

Published
Last updated
Next review
Oct 2027
Reviewed by
NPCS project team

This page is reviewed every 12 months, or sooner when scheme limits, GST rates, BIS rules or pollution categories change. The sample report is illustrative: its figures are generated from industry-typical ratios for a unit of this size, checked so every statement balances, and are not taken from any client project.

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Reports are prepared in the format banks and PMEGP offices ask for, with five-year projections, DSCR and break-even.

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Start with the sample, then plan your own unit

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Illustrative sample. Figures are representative and not from a real project.

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