ETHICAL COMPLIANCE REPORT

EQUITAS SMALL FIN BNK

Sector:

Financial Services

Industry:

Banks - Regional

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.

100%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:62850740000.0062850740000.00×100=100.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{62850740000.00}{62850740000.00} \times 100 = 100.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest Income
non-compliant
non-compliant		₹5,486.40
other income
questionable
questionable		₹798.67

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.

3.9%

CALCULATION

Debt Ratio:17875300000.00453038699000.00×100=3.90%\textbf{Debt Ratio:} \\[12pt] \dfrac{17875300000.00}{453038699000.00} \times 100 = 3.90\%

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.

7.9%

CALCULATION

Liquidity Ratio:35789516000.00453038699000.00×100=7.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{35789516000.00}{453038699000.00} \times 100 = 7.90\%

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\%