Goat Farming Project Report: Set up Cost & Profit Margin

Is Goat Farming Business is Profitable? Check here Goat Farming Project, Profit and information for beginners 

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.

goat farming set up cost

Must check the following point before starting goat farming business in India.

  1. You must have a good stock of food and also fresh water.
  2. Also, a good breed is also required
  3. Good demand in the market for goats & their meat in local.
  4. At least, a single veterinary hospital or Livestock Aid center in your local.
  5. Also, availability of con. fodder & medicines.

Check here Also More articles:

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.

goat farming

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

goat rearing project report

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

goat farming guide

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

goat farming business plant

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

6 thoughts on “Goat Farming Project Report: Set up Cost & Profit Margin

    1. Hi, thanks for letting me awake. But, this is simply an estimation of cost and profit margin. You can change the price accordingly to your situations and get learn about the Goat Farming Profit Margin and cost set up for your current situation.
      Thanks!!!

    1. It is a pretty good idea to get a good profit in a very short time. Please, check our guideline on Goat Farming Business plan available at https://agrifarmingtips.com/goat-farming-business-plan/.

      It will be helpful for deciding “with how much initial investment you should go with a goat farming business plan and how much you are going to earn in a very short time according to your situation”…

      You can also check our guideline on Pig Farming Business plan available at https://agrifarmingtips.com/pig-farming-india/

    1. It is a pretty good idea to get a good profit in a very short time. Please, check our guideline on Goat Farming Business plan available at https://agrifarmingtips.com/goat-farming-business-plan/.
      I assured that it will really helpful for you to learn “with how much initial investment you should go with a goat farming business plan and how much you are going to earn in a very short time”…

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