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ETHICAL COMPLIANCE REPORT

ANUPAM RASAYAN INDIA

Sector:

Basic Materials

Industry:

Specialty Chemicals

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Manufactures Chemicals
compliant
REVENUE RATIO FILTER
1.6%
View Calculations
DEBT RATIO FILTER
22.2%
View Calculations
LIQUIDITY RATIO FILTER
6.3%
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.

1.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{233340000.00}{15053140000.00} \times 100 = 1.60\%

FORMULA

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

Segment	Compliance	Value
Other Operating Income	compliant	₹32.48
Sale of Products: - Chemicals Domestic Sales -	compliant	₹1,442.58
Interest Income	non-compliant	₹17.69
Investment Gain	questionable	₹5.64
Other Income	compliant	₹6.91

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.

22.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{10196480000.00}{46016650000.00} \times 100 = 22.20\%

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.

6.3%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2892610000.00}{46016650000.00} \times 100 = 6.30\%

FORMULA

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