ETHICAL COMPLIANCE REPORT

CARE RATINGS

CARE RATINGS Logo

Sector:

Financial Services

Industry:

Financial Data & Stock Exchanges

Overall Compliance

non-compliant

non-compliant

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.

99.7%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:3772223000.003783750000.00×100=99.70%\textbf{Revenue Ratio:} \\[12pt] \dfrac{3772223000.00}{3783750000.00} \times 100 = 99.70\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Services
non-compliant
non-compliant		₹331.68
Interest Income
non-compliant
non-compliant		₹42.55
Other Income
compliant
compliant		₹1.15
Investment Gain
questionable
questionable		₹2.99

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.

0%

CALCULATION

Debt Ratio:0.008417575000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{8417575000.00} \times 100 = 0.00\%

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.

6.9%

CALCULATION

Liquidity Ratio:583771000.008417575000.00×100=6.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{583771000.00}{8417575000.00} \times 100 = 6.90\%

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\%