ETHICAL COMPLIANCE REPORT

ANAND RATHI WEALTH

Sector:

Financial Services

Industry:

Asset Management

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
non-bank wealth solutions
compliant
REVENUE RATIO FILTER
99.2%
View Calculations
DEBT RATIO FILTER
1%
View Calculations
LIQUIDITY RATIO FILTER
3.8%
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.

99.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{7462011000.00}{7519663000.00} \times 100 = 99.20\%

FORMULA

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

Segment	Compliance	Value
It Services	compliant	₹5.63
Mutual Fund Distribution Income	questionable	₹266.58
Income From Distribution & Sale of Financial Product	questionable	₹452.11
Other Income	compliant	₹0.14
interest & other	non-compliant	₹27.50

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{84854000.00}{8797352000.00} \times 100 = 1.00\%

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.

3.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{331134000.00}{8797352000.00} \times 100 = 3.80\%

FORMULA

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