ETHICAL COMPLIANCE REPORT

FSN E COMMERCE VENTURES

Sector:

Consumer Cyclical

Industry:

Internet Retail

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Beauty Products
compliant
REVENUE RATIO FILTER
0.3%
View Calculations
DEBT RATIO FILTER
20%
View Calculations
LIQUIDITY RATIO FILTER
7.1%
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.

0.3%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{197600000.00}{64155680000.00} \times 100 = 0.30\%

FORMULA

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

Segment	Compliance	Value
Logistics Services Income (shipping and Delivery Charges)	compliant	₹44.02
Income From Terms of Incentive	compliant	₹1.55
Income From Marketplace Service	compliant	₹262.01
Marketing Support Revenue	compliant	₹599.53
Income From Pickup Mile	compliant	₹0.05
Sale of Beauty Products	compliant	₹5,478.48
Interest Income	non-compliant	₹19.76
Other Income	compliant	₹10.18

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.

20%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{6803950000.00}{34006260000.00} \times 100 = 20.00\%

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.

7.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2398580000.00}{34006260000.00} \times 100 = 7.10\%

FORMULA

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