ETHICAL COMPLIANCE REPORT

BHAGIRADHA CHEM & INDS L

Sector:

Basic Materials

Industry:

Agricultural Inputs

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.

0.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:21271000.004101770000.00×100=0.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{21271000.00}{4101770000.00} \times 100 = 0.50\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest income
non-compliant
non-compliant		₹0.84
Net Gain on Sale of Investments
questionable
questionable		₹1.29
manufacturing and sales of crop care chemicals
compliant
compliant		₹407.50
Other Income
compliant
compliant		₹0.55

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.

10.7%

CALCULATION

Debt Ratio:614208000.005760440000.00×100=10.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{614208000.00}{5760440000.00} \times 100 = 10.70\%

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.

1.9%

CALCULATION

Liquidity Ratio:109155000.005760440000.00×100=1.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{109155000.00}{5760440000.00} \times 100 = 1.90\%

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\%