ETHICAL COMPLIANCE REPORT

BERGER PAINTS (I)

BERGER PAINTS (I) Logo

Sector:

Basic Materials

Industry:

Specialty Chemicals

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:331700000.00112626000000.00×100=0.30%\textbf{Revenue Ratio:} \\[12pt] \dfrac{331700000.00}{112626000000.00} \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
paint product & other
compliant
compliant		₹11,198.92
interest income
non-compliant
non-compliant		₹33.17
other
compliant
compliant		₹30.51

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.

2.5%

CALCULATION

Debt Ratio:2054400000.0083686600000.00×100=2.50%\textbf{Debt Ratio:} \\[12pt] \dfrac{2054400000.00}{83686600000.00} \times 100 = 2.50\%

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.

5.4%

CALCULATION

Liquidity Ratio:4506500000.0083686600000.00×100=5.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4506500000.00}{83686600000.00} \times 100 = 5.40\%

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\%