ETHICAL COMPLIANCE REPORT

FIRSTSOURCE SOLU..

Sector:

Technology

Industry:

Information Technology Services

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Business Process Management
compliant
REVENUE RATIO FILTER
61.3%
View Calculations
DEBT RATIO FILTER
13.4%
View Calculations
LIQUIDITY RATIO FILTER
3.1%
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.

61.3%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{39042010000.00}{63730890000.00} \times 100 = 61.30\%

FORMULA

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

Segment	Compliance	Value
Healthcare	compliant	₹2,087.40
BFSI	questionable	₹2,485.66
Other income	compliant	₹29.65
Interest Income	non-compliant	₹7.20
CMT	questionable	₹1,411.34
Diverse Industries	compliant	₹348.12
Other operating income	compliant	₹3.72

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.

13.4%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{8123090000.00}{60830370000.00} \times 100 = 13.40\%

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.

3.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1884600000.00}{60830370000.00} \times 100 = 3.10\%

FORMULA

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