ETHICAL COMPLIANCE REPORT

EXPLEO SOLUTIONS

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.

0.7%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:69650000.009723830000.00×100=0.70%\textbf{Revenue Ratio:} \\[12pt] \dfrac{69650000.00}{9723830000.00} \times 100 = 0.70\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Fair Value on mutual fund
questionable
questionable		₹0.03
Other Income
compliant
compliant		₹0.55
Interest income
non-compliant
non-compliant		₹6.94
Software Validation and Verification Services
compliant
compliant		₹964.87

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.

3.4%

CALCULATION

Debt Ratio:260560000.007647550000.00×100=3.40%\textbf{Debt Ratio:} \\[12pt] \dfrac{260560000.00}{7647550000.00} \times 100 = 3.40\%

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.

24.1%

CALCULATION

Liquidity Ratio:1840640000.007647550000.00×100=24.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1840640000.00}{7647550000.00} \times 100 = 24.10\%

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\%