ETHICAL COMPLIANCE REPORT

AAVAS FINANCIERS

AAVAS FINANCIERS Logo

Sector:

Financial Services

Industry:

Mortgage Finance

Overall Compliance

non-compliant

non-compliant

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

74.7%

CALCULATION

Debt Ratio:123364957000.00165194536000.00×100=74.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{123364957000.00}{165194536000.00} \times 100 = 74.70\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

10.9%

CALCULATION

Liquidity Ratio:17978216000.00165194536000.00×100=10.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{17978216000.00}{165194536000.00} \times 100 = 10.90\%

FORMULA

Liquidity Ratio:Total Liquid AssetsTotal Assets×100  ≤  90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%

Revenue Ratio

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.

100%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:20206934000.0020206934000.00×100=100.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{20206934000.00}{20206934000.00} \times 100 = 100.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Fees and Commission Income
non-compliant
non-compliant		₹2,017.90
Other Income
questionable
questionable		₹2.80