ETHICAL COMPLIANCE REPORT

ATUL

Sector:

Basic Materials

Industry:

Specialty Chemicals

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Life Science Chemicals
compliant
REVENUE RATIO FILTER
0.4%
View Calculations
DEBT RATIO FILTER
3.6%
View Calculations
LIQUIDITY RATIO FILTER
1.1%
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.

0.4%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{198800000.00}{47838700000.00} \times 100 = 0.40\%

FORMULA

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

Segment	Compliance	Value
Sale of services1	compliant	₹66.06
Export incentives	compliant	₹42.72
Interest Income	non-compliant	₹10.91
Dividend Income	questionable	₹8.97
Scrap sales	compliant	₹14.94
Sale of Products(life Science Chemicals)	compliant	₹4,601.96
Other non-operating income	compliant	₹38.31

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.

3.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{2318500000.00}{64762800000.00} \times 100 = 3.60\%

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.

1.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{723000000.00}{64762800000.00} \times 100 = 1.10\%

FORMULA

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