Mushroom Cultivation Lab
MSME Detailed Project Report

Swabhimaan Bio
Cordyceps Militaris
Cultivation Unit

A technical approach to high-value medicinal mushroom cultivation. Bridging wellness and biotechnology in Himachal Pradesh.

Mrs. Rajni Sheetal
Hamirpur, HP
Punjab National Bank

Total Project Cost

₹ 6,60,000

Bank Loan Required

₹ 5,28,000

Unit Size

200 sq. ft

Avg. DSCR

4.18

Introduction & Market Potential

Cordyceps Militaris is a high-value medicinal mushroom known for its immune-boosting and energy-enhancing properties. While wild varieties are rare and expensive, advancements in biotechnology allow for cultivation in strictly controlled laboratory conditions.

The demand for domestically produced, pure Cordyceps is surging due to the growth of India's nutraceutical market and government initiatives like AYUSH. Target segments include:

  • Ayurvedic Medicine & Supplement Manufacturers
  • Health Food Processors & Herbal Traders
  • Online Wellness Platforms (D2C)

Market Price Range: ₹40,000 - ₹70,000 per Kg.
Our projections utilize conservative pricing (~₹43k/kg) to ensure financial stability and bank safety.

Lab equipment

The Manufacturing Process

A sterile, multi-stage technical workflow to ensure maximum potency.

1. Substrate Prep

Mixing brown rice and liquid nutrients in specialized glass jars.

1

2. Sterilization

Autoclaving jars at 121°C to ensure a 100% contaminant-free medium.

2

3. Inoculation

Injecting liquid spawn under a Laminar Air Flow cabinet.

3

4. Incubation

Dark storage at 20°C for mycelium colonization (5-7 days).

4

5. Fruiting

Controlled light and humidity cycles for 50-60 days.

5

6. Harvest & Dry

Dehydrating fruiting bodies to <5% moisture content.

6

Project Economics

Detailed breakdown of capital expenditure and finance.

Cost of Project

Civil Works & Lab Renovation ₹ 77,000
Technical Equipment LAF, Autoclave, Sensors, Filter
₹ 85,000
Utilities & Appliances Generator (7.5kVA), AC, Dehydrator
₹ 1,51,000
Infrastructure & Consumables Racks, Grow Lights, Jars (2000 pcs)
₹ 1,52,000
Working Capital Raw materials & Electricity fund
₹ 1,65,000
Miscellaneous items ₹ 30,000
Total Project Cost ₹ 6,60,000

Means of Finance

Promoter Margin (20%) ₹ 1,32,000
Composite Bank Loan (80%) ₹ 5,28,000

Term Loan

₹ 3,63,000

WC Loan

₹ 1,65,000

Profitability Projections

5-Year financial outlook based on progressive production capacity.

Year 1

Production

13 KG

Net Profit

₹ 3,18,840

DSCR 2.72

Year 2

Production

14 KG

Net Profit

₹ 3,97,969

DSCR 3.33

Year 3

Production

15 KG

Net Profit

₹ 4,69,345

DSCR 3.97

Year 4

Production

17 KG

Net Profit

₹ 5,41,769

DSCR 4.74

Year 5

Production

19 KG

Net Profit

₹ 6,68,640

DSCR 6.12
Particulars Year 1 Year 2 Year 3 Year 4 Year 5
Production (KG) 13 14 15 17 19
Sale Price (per KG) ₹ 43,000 ₹ 44,290 ₹ 45,619 ₹ 46,988 ₹ 48,398
Total Revenue ₹ 5,59,000 ₹ 6,33,347 ₹ 7,02,528 ₹ 7,75,295 ₹ 9,05,036
Operational Exp. (₹ 1,35,000) (₹ 1,48,500) (₹ 1,63,350) (₹ 1,79,685) (₹ 1,97,654)
Depreciation (₹ 55,000) (₹ 46,750) (₹ 39,738) (₹ 33,777) (₹ 28,710)
Interest on Loan (₹ 50,160) (₹ 40,128) (₹ 30,096) (₹ 20,064) (₹ 10,032)
NET PROFIT ₹ 3,18,840 ₹ 3,97,969 ₹ 4,69,345 ₹ 5,41,769 ₹ 6,68,640

Average Debt Service Coverage Ratio (DSCR): 4.18 • Repayment Period: 5 Years (Quarterly Principal: ₹26,400)