ETHICAL COMPLIANCE REPORT

ASSO ALCOHOLS & BREW

Sector:

Consumer Defensive

Industry:

Beverages - Wineries & Distilleries

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Alcohol Production
non-compliant
REVENUE RATIO FILTER
99.2%
View Calculations
DEBT RATIO FILTER
16.8%
View Calculations
LIQUIDITY RATIO FILTER
6.6%
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{7679377000.00}{7741543000.00} \times 100 = 99.20\%

FORMULA

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

Segment	Compliance	Value
Sale of Products	non-compliant	₹759.96
Scrap sales	compliant	₹4.32
Others	questionable	₹0.23
Interest income	non-compliant	₹4.70
Miscellaneous Income	compliant	₹1.90
Net Gain on Sale of Investments	questionable	₹3.04

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.

16.8%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{1036637000.00}{6187821000.00} \times 100 = 16.80\%

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.

6.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{408624000.00}{6187821000.00} \times 100 = 6.60\%

FORMULA

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