ETHICAL COMPLIANCE REPORT

BSE

Sector:

Financial Services

Industry:

Financial Data & Stock Exchanges

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Stock Exchange
questionable
REVENUE RATIO FILTER
93.2%
View Calculations
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
47.2%
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.

93.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{15079900000.00}{16179000000.00} \times 100 = 93.20\%

FORMULA

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

Segment	Compliance	Value
Securities Services	questionable	₹948.58
Services to Corporates	questionable	₹349.68
Data Dissemination Fees	compliant	₹43.14
Training Institute	compliant	₹19.09
Sale of Software Licenses, Development , Maintenance	compliant	₹29.54
Investment Income	questionable	₹202.47
interest income	non-compliant	₹7.26
other income	compliant	₹18.14

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{94502300000.00} \times 100 = 0.00\%

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.

47.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{44628500000.00}{94502300000.00} \times 100 = 47.20\%

FORMULA

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