ETHICAL COMPLIANCE REPORT

ALOK INDUSTRIES

Sector:

Consumer Cyclical

Industry:

Textile Manufacturing

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Textiles
compliant
REVENUE RATIO FILTER
0.1%
View Calculations
DEBT RATIO FILTER
351.1%
View Calculations
LIQUIDITY RATIO FILTER
2.9%
View Calculations

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.

0.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{72300000.00}{55328100000.00} \times 100 = 0.10\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
Job Work Income	compliant	₹72.25
Export Incentives	compliant	₹75.86
Scrap Sales	compliant	₹12.24
Sale of Textiles	compliant	₹5,349.24
Other Income	compliant	₹15.99
Interest & other	non-compliant	₹7.23

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.

351.1%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{260076200000.00}{74068300000.00} \times 100 = 351.10\%

FORMULA

\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.

2.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2167700000.00}{74068300000.00} \times 100 = 2.90\%

FORMULA

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