ETHICAL COMPLIANCE REPORT

B.L.KASHYAP & SON

Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

questionable

questionable

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.

0.8%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:89247000.0011298749000.00×100=0.80%\textbf{Revenue Ratio:} \\[12pt] \dfrac{89247000.00}{11298749000.00} \times 100 = 0.80\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Construction Job Work
compliant
compliant		₹1,085.83
Other Operating Revenue
compliant
compliant		₹24.15
Interest income
non-compliant
non-compliant		₹8.92
Other Income
compliant
compliant		₹10.97

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.

29.3%

CALCULATION

Debt Ratio:3797854000.0012951758000.00×100=29.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{3797854000.00}{12951758000.00} \times 100 = 29.30\%

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.

4.6%

CALCULATION

Liquidity Ratio:598052000.0012951758000.00×100=4.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{598052000.00}{12951758000.00} \times 100 = 4.60\%

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\%