ETHICAL COMPLIANCE REPORT

AJMERA REALTY & INF I

Sector:

Real Estate

Industry:

Real Estate - Development

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.

0.2%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:15143000.007078318000.00×100=0.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{15143000.00}{7078318000.00} \times 100 = 0.20\%

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 Flats & Shops
compliant
compliant		₹699.96
Interest income
non-compliant
non-compliant		₹1.51
Other Income
compliant
compliant		₹6.36

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.

41.1%

CALCULATION

Debt Ratio:8076341000.0019633944000.00×100=41.10%\textbf{Debt Ratio:} \\[12pt] \dfrac{8076341000.00}{19633944000.00} \times 100 = 41.10\%

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.

5.9%

CALCULATION

Liquidity Ratio:1167696000.0019633944000.00×100=5.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1167696000.00}{19633944000.00} \times 100 = 5.90\%

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\%