ETHICAL COMPLIANCE REPORT

CAMLIN FINE SCIENCES

Sector:

Basic Materials

Industry:

Specialty Chemicals

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Specialty Chemicals
compliant
REVENUE RATIO FILTER
0.4%
View Calculations
DEBT RATIO FILTER
33.7%
View Calculations
LIQUIDITY RATIO FILTER
4.8%
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.

0.4%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{64635000.00}{16286184000.00} \times 100 = 0.40\%

FORMULA

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

Segment	Compliance	Value
Other Operating Revenue	compliant	₹18.04
Interest Income	non-compliant	₹1.77
fair value changes of derivative instruments	questionable	₹4.70
Miscellaneous Income	compliant	₹9.09
Specialty Chemicals	compliant	₹1,595.02

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.

33.7%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{6576576000.00}{19517240000.00} \times 100 = 33.70\%

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.

4.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{935326000.00}{19517240000.00} \times 100 = 4.80\%

FORMULA

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