ETHICAL COMPLIANCE REPORT

DEEPAK NITRITE

Sector:

Basic Materials

Industry:

Chemicals

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Chemical Manufacturing Company
compliant
REVENUE RATIO FILTER
0.1%
View Calculations
DEBT RATIO FILTER
3.6%
View Calculations
LIQUIDITY RATIO FILTER
7.6%
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.

0.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{44900000.00}{77579300000.00} \times 100 = 0.10\%

FORMULA

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

Segment	Compliance	Value
other income	compliant	₹71.61
interest income	non-compliant	₹4.49
chemical products	compliant	₹7,603.11
Scrap Sales	compliant	₹7.70
export incentive	compliant	₹19.09
Sale of services	compliant	₹6.81
Other Income	compliant	₹45.12

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.

3.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{2169500000.00}{60962200000.00} \times 100 = 3.60\%

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.

7.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4654600000.00}{60962200000.00} \times 100 = 7.60\%

FORMULA

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