ETHICAL COMPLIANCE REPORT

EVEREST KANTO CYLINDERLTD

Sector:

Industrials

Industry:

Specialty Industrial Machinery

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
manufactures gas cylinders
compliant
REVENUE RATIO FILTER
0.2%
View Calculations
DEBT RATIO FILTER
2.9%
View Calculations
LIQUIDITY RATIO FILTER
6.5%
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.

0.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{23883000.00}{12296702000.00} \times 100 = 0.20\%

FORMULA

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

Segment	Compliance	Value
Interest income	non-compliant	₹1.76
Net Gain on Sale of Investments	questionable	₹0.63
Other Income	compliant	₹4.32
manufacturing high-pressure seamless gas cylinders	compliant	₹1,201.47
Other Operating Revenue	compliant	₹21.49

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.

2.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{412875000.00}{14132247000.00} \times 100 = 2.90\%

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.

6.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{918304000.00}{14132247000.00} \times 100 = 6.50\%

FORMULA

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