ETHICAL COMPLIANCE REPORT

EVEREADY INDS. IND. .

EVEREADY INDS. IND. . Logo

Sector:

Industrials

Industry:

Electrical Equipment & Parts

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.

0%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:3580000.0013363298000.00×100=0.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{3580000.00}{13363298000.00} \times 100 = 0.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Products
compliant
compliant		₹1,320.17
Other Operating Revenue
compliant
compliant		₹7.56
Other Non-operating Income
compliant
compliant		₹8.25
Interest Income
non-compliant
non-compliant		₹0.36

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.

31.8%

CALCULATION

Debt Ratio:3065300000.009631000000.00×100=31.80%\textbf{Debt Ratio:} \\[12pt] \dfrac{3065300000.00}{9631000000.00} \times 100 = 31.80\%

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.

0.8%

CALCULATION

Liquidity Ratio:81000000.009631000000.00×100=0.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{81000000.00}{9631000000.00} \times 100 = 0.80\%

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\%