ETHICAL COMPLIANCE REPORT

ECLERX SERVICES

ECLERX SERVICES Logo

Sector:

Technology

Industry:

Information Technology Services

Overall Compliance

compliant

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.

1.3%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:397620000.0029911780000.00×100=1.30%\textbf{Revenue Ratio:} \\[12pt] \dfrac{397620000.00}{29911780000.00} \times 100 = 1.30\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Revenue From Ites Services
compliant
compliant		₹2,925.54
Other Income
compliant
compliant		₹25.87
Investment Gain
questionable
questionable		₹16.82
Interest Income
non-compliant
non-compliant		₹22.94

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:0.0029289650000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{29289650000.00} \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.

23.6%

CALCULATION

Liquidity Ratio:6920930000.0029289650000.00×100=23.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{6920930000.00}{29289650000.00} \times 100 = 23.60\%

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\%