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Is Goat Farming Business is Profitable?
There are numbers of goat breeds present, which can be raised commercially to earn money in a very short time period. Goats farming along with sheep farming play an important role in Indian economy by providing employment to unemployed young educated. There is an amazing demand for goat meat in the market.
One can earn instant and sharp income in a very short time period. So, let’s learn from the following goat farming project report, goat farming project cost, how much profit in goat farming in the following section.
Goat Farming Project | Cost
Before starting a new goat farm, it is a good thing to take goat farming training from any training center. So that you can learn the basics of goat farming like what do goat eat, how to raise goats, goats diseases and lots more about raising goats commercially.
Must check the following point before starting goat farming business in India.
- You must have a good stock of food and also fresh water.
- Also, a good breed is also required
- Good demand in the market for goats & their meat in local.
- At least, a single veterinary hospital or Livestock Aid center in your local.
- Also, availability of con. fodder & medicines.
Can I Get Government subsidy for Starting Goat Farming Project?
Yes, the government subsidy is available there for starting this project. The government gives subsidy about 25 % for general category & 33 % for other to those people, who are interested in starting goat raising business but have less capital with them. The figures vary with project figures.
How Can I Get Loan & Subsidy For This Project?
It is suggested that, please consult your local husbandry or veterinary officer for learning all about the loan & subsidy on goat farming project. Since they are the best source for your business plan.
Goat Farming Project Report
This following project report is prepared on the following assumption
- Purchase healthy adults, bucks and does of proper goat breed when they are 2 years old.
- Utilize the goat manure in for fodder culture.
- Buy a new one, if there is a death of any goat from the claim of Insurance.
- Must take care of your raised breeds.
- Also, a good management of your goat is required.
Here below are some figure of this project report which helps you some more.
Parameters Taken
Goat Breed | Any suitable Goat Breed |
Rearing System | Semi-intensive |
Does no’s | 100 |
Bucks no’s | 5 |
Kidding interval | 8 Months |
Maturity age | 10 to 12 Months |
No of kidding per year | 1.5 kid |
Avg litter size (Chances of single, twinning, Trbelow quadruplet per delivery) | 2 no’s |
Kidding rate | 90 % |
Death rate in kids | 15 % |
Goat Requirement
Here below are some figure of this project report which helps you some more.
Space required per head for Does | 10 sq feet |
Space required per head for Buck | 15 sq feet |
Space required per head for kid | 5 sq feet |
Cost of construction | Rs. 180 per sq feet |
Cost of green fodder growing | Rs. 5000 per acre in a season |
Cost of equipment | Rs. 20 per adult goat |
Concentrate feed required for Bucks (for two months) | 8 kg per month |
Concentrate feed require for Adult does (per kidding) | 7 kg per month |
Concentrate feed required for Kids (for one month) | 4 kg per each kid |
Requirement of Labour | 1 no’s |
Labour cost | Rs. 6000 per month |
Total Cost of buying con. feed | Rs. 16 per Kg |
Insurance | 5 % of total value of the Goats |
Cost of Veterinary aid | Rs. 50 per year (on each adult goat) |
Income from Goat Farming
Here below are some figure of this project report which helps you some more.
Market price of adult Buck (11 month age) | Rs 3000 |
Market price of adult Doe (11 month age) | Rs 2500 |
Income from selling Gunny bags | Rs. 20 per gunny bag |
Manure income is not considered as it is utilized for fodder preparation | – |
Your Goat Farm
Here below is a table that can help you that how much you are going to earn from this business plan every year or how big your business can?
Year | 1st Year | 2nd Year | 3rd Year |
No. of bucks purchased | 5 | – | – |
No. of does purchase | 100 | – | – |
No. of kidding per year | 1.5 | 1.5 | 1.5 |
No. of female kids (newborn) | 135 | 135 | 135 |
No. of male kids (newborn) | 135 | 135 | 135 |
No of female kids (died at 15 %) | 20 | 20 | 20 |
No of male kids (died at 15 %) | 20 | 20 | 20 |
Female adult (no’s), available for selling | Give the kid time to grow their market age | 115 | 115 |
Male adult (no’s), available for selling | Give the kid time to grow their market age | 115 | 115 |
Year | 4th Year | 5th Year | 6th Year |
No. of bucks purchased | – | – | – |
No. of does purchase | – | – | – |
No. of kidding per year | 1.5 | 1.5 | 1.5 |
No. of female kids (newborn) | 135 | 135 | 135 |
No. of male kids (newborn) | 135 | 135 | 135 |
No of female kids (died at 15 %) | 20 | 20 | 20 |
No of male kids (died at 15 %) | 20 | 20 | 20 |
Female adult (no’s), available for selling | 115 | 115 | 115 |
Male adult (no’s), available for selling | 115 | 115 | 115 |
Goat Farming Project | Cost
Here below are some figure of this project report which helps you some more.
Specification | Total Amount |
Cost of constructing low-cost Shed (for 100 Does) | Rs. 180000 |
Cost of constructing low-cost Shed (for 5 Buks) | Rs. 13500 |
Cost of constructing low-cost Shed (for 230 kids) (Space requirement for kids is 4 sq. feet) | Rs. 166000 |
Cost of essential equipment | Rs. 10000 |
Cost of purchasing 5 bucks | Rs. 25000 (Rs. 5000 per buck) |
Cost of purchasing 100 does | Rs. 300000 (Rs. 3000 per Doe) |
Cost of light fitting, & etc | Rs. 90000 |
TOTAL CAPITAL COST | Rs. 784100 |
Cost of Working Capital | |
Labour salary | Rs. 84000 of 1 year (Rs 7000 per month) |
Cost of shedding | Rs. 13800 |
Insurance Cost | Rs. 16250 (5 % of total goat’s value) |
Goat fodder cost (of Does persalaryng) | Rs. 21600 |
Goat fodder cost (of Buck per kidding) | Rs. 1200 |
Cost of growing green Fodder (in 4 acres @ Rs. 5000 per acre in each season) | Rs. 20000 |
Missleanious Cost | Rs. 13050 |
Total Working Capital | Rs. 145900 |
TOTAL PROJECT COST | Rs. 930000 |
Goat Farming | Profit Margin
Here below are some figure of this project report which helps you some more to learn about the profit margin of goat farming business.
Time Period | 1st Year | 2nd Year | 3rd Year |
Labour Cost | Rs. 84000 | Rs. 84000 | Rs. 84000 |
Insurance Cost (5 % of Total goat value) | Rs. 16250 | Rs. 16250 | Rs. 16250 |
Cost of growing green fodder | Rs. 40000 | Rs. 40000 | Rs. 40000 |
Fodder Cost | Rs. 36600 | Rs. 36600 | Rs. 36600 |
Misslenious Cost | Rs. 14000 | Rs. 14000 | Rs. 14000 |
Total Investment | Rs. 166850 | Rs. 166850 | Rs. 166850 |
Income by Selling Gunny Bags | Rs 1000 | Rs 1000 | Rs 1000 |
Income from selling (male goats @ Rs. 3000 per buckling | – | Rs. 320000 | Rs. 320000 |
Income from selling (female goats @ Rs. 2500 per buckling | – | Rs. 280000 | Rs. 280000 |
Income from Ending stock (5 buck & 100 does @ 2500 per adults and 230 kids @ 1500 per kid) | – | – | – |
Total Income | Rs. 1000 | Rs. 587000 | Rs. 587000 |
Gross profit | Rs. -166390 | Rs. 421000 | Rs. 421000 |
Time Period | 4th Year | 5th Year | 6th Year |
Labour Cost | Rs. 84000 | Rs. 84000 | Rs. 84000 |
Insurance Cost (5 % of Total goat value) | Rs. 16250 | Rs. 16250 | Rs. 16250 |
Cost of growing green fodder | Rs. 40000 | Rs. 40000 | Rs. 40000 |
Fodder Cost | Rs. 36600 | Rs. 36600 | Rs. 36600 |
Misslenious Cost | Rs. 14000 | Rs. 14000 | Rs. 14000 |
Total Investment | Rs. 166850 | Rs. 166850 | Rs. 166850 |
Income by Selling Gunny Bags | Rs 1000 | Rs 1000 | Rs 1000 |
Income from selling (male goats @ Rs. 3000 per buckling | Rs. 320000 | Rs. 320000 | Rs. 320000 |
Income from selling (female goats @ Rs. 2500 per buckling | Rs. 280000 | Rs. 280000 | Rs. 280000 |
Income from Ending stock (5 bucks & 100 does @ 2500 per adults and 230 kids @ 1500 per kid) | – | – | Rs. 607500 |
Total Income | Rs. 587000 | Rs. 587000 | Rs. 1340000 |
Gross profit | Rs. 421000 | Rs. 421000 | Rs. 1200000 |
Goat Farming | Profit or Loss?
Here below are some figure of this project report which helps you some more that is goat farming business is profitable or not?
Specification | 1st Year | 2nd Year | 3rd Year |
Initial Investment | Rs. 784100 | – | – |
Recurring Cost | Rs. 167000 | Rs. 167000 | Rs. 167000 |
Total Investment | Rs. 950000 | Rs. 170000 | Rs. 170000 |
Benefit | Rs. 1000 | Rs. 600000 | Rs. 600000 |
Pure Benefit | Rs. -940000 | Rs. 430000 | Rs. 430000 |
Specification | 4th Year | 5th Year | 6th Year |
Initial Investment | – | – | – |
Recurring Cost | Rs. 167000 | Rs. 167000 | Rs. 167000 |
Total Investment | Rs. 170000 | Rs. 170000 | Rs. 170000 |
Benefit | Rs. 600000 | Rs. 600000 | Rs. 1400000 |
Pure Benefit | Rs. 430000 | Rs. 430000 | Rs. 1230000 |
Note: Each and every figure in this project report varies from region to region. Prices may be higher than that of figure mentioned in goat farming project report. However, we had tried to run with the lowest market value.
Final Words
Friends, all the figures use in goat farming project reports are assumptions and are base on the avg. value.
This project report does not say that you are going to earn Rs. 4 lack every time, your profit may be more or it may be less from it. Depending on your market needs, & farm management skill, you can earn more from this also.
Note: Each and every figure in this project report varies from region to region. Prices may be higher than that of figure mentioned in goat farming project report. However, we had tried to run with the lowest market value.
Learn More about Goat Farming Business Plan: Click Here
Have a happy Goat Farming Business