ETHICAL COMPLIANCE REPORT

BRIGADE ENTER.

BRIGADE ENTER. Logo

Sector:

Real Estate

Industry:

Real Estate - Development

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.

2.4%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:1226800000.0050641500000.00×100=2.40%\textbf{Revenue Ratio:} \\[12pt] \dfrac{1226800000.00}{50641500000.00} \times 100 = 2.40\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Development & service
compliant
compliant		₹4,844.70
commision
compliant
compliant		₹51.99
other income
compliant
compliant		₹44.78
interest & other
non-compliant
non-compliant		₹122.68

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.

29.8%

CALCULATION

Debt Ratio:53366200000.00178862200000.00×100=29.80%\textbf{Debt Ratio:} \\[12pt] \dfrac{53366200000.00}{178862200000.00} \times 100 = 29.80\%

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.

9.7%

CALCULATION

Liquidity Ratio:17372700000.00178862200000.00×100=9.70%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{17372700000.00}{178862200000.00} \times 100 = 9.70\%

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\%