ETHICAL COMPLIANCE REPORT

AXISCADES TECH

Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

compliant

compliant

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.

0.9%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:84499000.009650578000.00×100=0.90%\textbf{Revenue Ratio:} \\[12pt] \dfrac{84499000.00}{9650578000.00} \times 100 = 0.90\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Strategic technology solutions
compliant
compliant		₹257.94
Technology Services and Solutions
compliant
compliant		₹697.18
Investment Income
questionable
questionable		₹1.40
Other Income
compliant
compliant		₹1.49
Interest Income
non-compliant
non-compliant		₹7.05

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.

20.9%

CALCULATION

Debt Ratio:2384621000.0011391084000.00×100=20.90%\textbf{Debt Ratio:} \\[12pt] \dfrac{2384621000.00}{11391084000.00} \times 100 = 20.90\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\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.

13.4%

CALCULATION

Liquidity Ratio:1528607000.0011391084000.00×100=13.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1528607000.00}{11391084000.00} \times 100 = 13.40\%

FORMULA

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