ETHICAL COMPLIANCE REPORT

BANCO PRODUCTS (I)

BANCO PRODUCTS (I) Logo

Sector:

Consumer Cyclical

Industry:

Auto Parts

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.

0.3%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:73524000.0028061603000.00×100=0.30%\textbf{Revenue Ratio:} \\[12pt] \dfrac{73524000.00}{28061603000.00} \times 100 = 0.30\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Auto Parts
compliant
compliant		₹2,742.15
Other Operating Revenue
compliant
compliant		₹26.28
Interest income
non-compliant
non-compliant		₹7.35
Others
compliant
compliant		₹30.38

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.

10.9%

CALCULATION

Debt Ratio:2215673000.0020274900000.00×100=10.90%\textbf{Debt Ratio:} \\[12pt] \dfrac{2215673000.00}{20274900000.00} \times 100 = 10.90\%

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.

3.1%

CALCULATION

Liquidity Ratio:634576000.0020274900000.00×100=3.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{634576000.00}{20274900000.00} \times 100 = 3.10\%

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\%