ETHICAL COMPLIANCE REPORT

DCW

Sector:

Basic Materials

Industry:

Chemicals

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Manufacturing of Chemicals Products
compliant
REVENUE RATIO FILTER
0.6%
View Calculations
DEBT RATIO FILTER
20.9%
View Calculations
LIQUIDITY RATIO FILTER
8.1%
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.

0.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{114904000.00}{18898426000.00} \times 100 = 0.60\%

FORMULA

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

Segment	Compliance	Value
Sundry balance written back	compliant	₹0.42
Sale of Product	compliant	₹1,868.47
Insurance claims received	compliant	₹0.57
Interest Income	non-compliant	₹11.49
Non-operating Income	compliant	₹5.78
Other Operating Income	compliant	₹3.12

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.

20.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{4363664000.00}{20885440000.00} \times 100 = 20.90\%

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.

8.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1694577000.00}{20885440000.00} \times 100 = 8.10\%

FORMULA

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