ETHICAL COMPLIANCE REPORT

BATA INDIA

BATA INDIA Logo

Sector:

Consumer Cyclical

Industry:

Footwear & Accessories

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.

1.3%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:469390000.0035403270000.00×100=1.30%\textbf{Revenue Ratio:} \\[12pt] \dfrac{469390000.00}{35403270000.00} \times 100 = 1.30\%

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 Products - Shoes
compliant
compliant		₹3,477.11
scrap sales and export
compliant
compliant		₹1.50
interest & other
non-compliant
non-compliant		₹46.94
Other income
compliant
compliant		₹14.78

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%

CALCULATION

Debt Ratio:0.0033497620000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{33497620000.00} \times 100 = 0.00\%

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.

12.2%

CALCULATION

Liquidity Ratio:4079660000.0033497620000.00×100=12.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4079660000.00}{33497620000.00} \times 100 = 12.20\%

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\%