ETHICAL COMPLIANCE REPORT

BRITANNIA INDUSTRIES

Sector:

Consumer Defensive

Industry:

Packaged Foods

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Fmcg
compliant
REVENUE RATIO FILTER
1.2%
View Calculations
DEBT RATIO FILTER
22.5%
View Calculations
LIQUIDITY RATIO FILTER
4.9%
View Calculations

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.

1.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{2039200000.00}{169834500000.00} \times 100 = 1.20\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
Royalty income	compliant	₹3.28
Scrap sales	compliant	₹51.09
incentives	compliant	₹168.69
Sale of Goods	compliant	₹16,546.21
interest	non-compliant	₹203.92
other income	compliant	₹10.26

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.

22.5%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{20412100000.00}{90735600000.00} \times 100 = 22.50\%

FORMULA

\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.

4.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4463500000.00}{90735600000.00} \times 100 = 4.90\%

FORMULA

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%