ETHICAL COMPLIANCE REPORT

FINE ORGANIC IND..

Sector:

Basic Materials

Industry:

Specialty Chemicals

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.

2.2%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:481315000.0021948281000.00×100=2.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{481315000.00}{21948281000.00} \times 100 = 2.20\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100    3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Specialty Chemicals
compliant
compliant
₹2,122.55
Income From Sale of Scrap
compliant
compliant
₹0.41
other income
compliant
compliant
₹23.74
Interest Income
non-compliant
non-compliant
₹48.13

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:0.0021077683000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{21077683000.00} \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.

49.7%

CALCULATION

Liquidity Ratio:10485145000.0021077683000.00×100=49.70%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{10485145000.00}{21077683000.00} \times 100 = 49.70\%

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\%