ETHICAL COMPLIANCE REPORT

AETHER INDUSTRIES

Sector:

Basic Materials

Industry:

Specialty Chemicals

Overall Compliance

non-compliant

non-compliant

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.

5.4%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:342560000.006373790000.00×100=5.40%\textbf{Revenue Ratio:} \\[12pt] \dfrac{342560000.00}{6373790000.00} \times 100 = 5.40\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Product - Chemicals
compliant
compliant		₹598.17
Interest Income
non-compliant
non-compliant		₹33.72
Investment Gain
questionable
questionable		₹0.54
Other Income
compliant
compliant		₹4.95

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.

7%

CALCULATION

Debt Ratio:1686180000.0024007440000.00×100=7.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{1686180000.00}{24007440000.00} \times 100 = 7.00\%

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.

23.1%

CALCULATION

Liquidity Ratio:5556540000.0024007440000.00×100=23.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{5556540000.00}{24007440000.00} \times 100 = 23.10\%

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\%