ETHICAL COMPLIANCE REPORT

AVANTI FEEDS

Sector:

Consumer Defensive

Industry:

Packaged Foods

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Shrimp Feed Provider
compliant
REVENUE RATIO FILTER
206.6%
View Calculations
DEBT RATIO FILTER
0.4%
View Calculations
LIQUIDITY RATIO FILTER
23.8%
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.

206.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{113747000000.00}{5505914200000.00} \times 100 = 206.60\%

FORMULA

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

Segment	Compliance	Value
Hatchery	compliant	₹1,550.88
Shrimp Feed	compliant	₹1,08,186.65
Shrimp processing	compliant	₹4,26,988.68
Power	compliant	₹163.15
Interest income	non-compliant	₹6,658.92
Net gain on sale of investments	questionable	₹4,715.78
Other Income	compliant	₹2,327.36

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.

0.4%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{139403000.00}{30981922000.00} \times 100 = 0.40\%

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.

23.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{7370898000.00}{30981922000.00} \times 100 = 23.80\%

FORMULA

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