Project & CMA Reports in
Chandigarh

IMAK Advisory is an ICAI-registered firm of chartered accountants in Whitefield, Bengaluru, preparing CMA data and project reports for businesses across India. The full form of CMA report is Credit Monitoring Arrangement – the standard set of financial tables banks use to assess and monitor loans – and the CMA full form in project report terms is the same, referring to the financial section presented in the bank's format.

A CMA data and project report file combines two things: the six standard forms (existing and proposed limits, operating statement, balance sheet analysis, current assets and liabilities, working capital limit and funds flow) and the narrative of the project. A CMA data project report for a new unit must use the same numbers in both, from project cost and means of finance to sales, working capital and repayment.

A good CMA project report format covers the executive summary, promoters, market, technical details, project cost, means of finance, projections, ratios, sensitivity analysis, repayment and security, with quotations and approvals as annexures. A CMA project report for bank loan approval is judged on repayment capacity, promoter contribution, the working capital cycle and whether projections follow from actual history.

In CMA report banking practice, credit officers focus on the current ratio, debt service coverage, TOL/TNW, debt-equity and break-even, against their own sector norms. The CMA report format for small business borrowers is shorter, often using income-tax and GST returns as the base and a turnover-based working capital calculation.

Banks usually want a CMA report in Excel with working formulas linked to clear assumptions, so their team can test it; we deliver the model with a PDF and update it quickly when the bank asks questions. A CMA report real estate developers submit is built around cost to complete, units sold and unsold, quarterly collections, the RERA project account and a slower-sales case.

Most loan files go back to the applicant for the same few reasons: actual figures that do not match the audited accounts or tax returns, sales growth with no orders or capacity behind it, working capital days far better than history, machinery costs without current quotations, and stock statements that disagree with the books. We reconcile every actual figure with the accounts, GST and income-tax returns before building the projections, write down each assumption with the reason for it, and test the plan against a weaker case – lower sales, higher costs or a delay – so that debt service coverage and the current ratio still hold. Where the numbers do not support the loan as requested, we say so early and discuss a smaller limit, a longer tenor, more promoter funds or credit guarantee cover instead.

After sanction, the work continues: stock and book-debt statements for drawing power, quarterly results, covenant tracking, charge registration with the Registrar of Companies and annual renewal data. We are not a bank, loan agent or DSA; we do not arrange loans, take commission or guarantee sanction, and we do not inflate numbers to meet a ratio.

We do not publish fees; our team shares the exact total after reviewing your requirements. Visit us at ITPL Main Rd, Pattandur Agrahara, Whitefield, Bengaluru, Karnataka 560066, call or WhatsApp +91 79798 50684, or email imakadvisoryteam@gmail.com, and the IMAK Advisory team will review your accounts and prepare figures your bank can rely on.