ETHICAL COMPLIANCE REPORT

BHARAT BIJLEE

Sector:

Industrials

Industry:

Electrical Equipment & 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.

1.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:294923000.0018807111000.00×100=1.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{294923000.00}{18807111000.00} \times 100 = 1.50\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Electric Motors
compliant
compliant		₹680.16
Transformers
compliant
compliant		₹921.12
Magnet Technology Machines
compliant
compliant		₹49.41
Drive Systems
compliant
compliant		₹45.25
Traded goods
compliant
compliant		₹36.91
Scrap Sales
compliant
compliant		₹9.61
Interest income
non-compliant
non-compliant		₹22.26
Net Gain on Sale of Investments
questionable
questionable		₹7.23
Other Income
compliant
compliant		₹8.76
Project Revenue
compliant
compliant		₹100.00

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.

6%

CALCULATION

Debt Ratio:1500000000.0025049310000.00×100=6.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{1500000000.00}{25049310000.00} \times 100 = 6.00\%

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.

6.8%

CALCULATION

Liquidity Ratio:1693275000.0025049310000.00×100=6.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1693275000.00}{25049310000.00} \times 100 = 6.80\%

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\%