ETHICAL COMPLIANCE REPORT

G M BREWERIES

Sector:

Consumer Defensive

Industry:

Beverages - Wineries & Distilleries

Overall Compliance

non-compliant

non-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.

97.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:24365236000.0024956355000.00×100=97.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{24365236000.00}{24956355000.00} \times 100 = 97.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest income
non-compliant
non-compliant		₹14.88
Net Gain on Sale of Investments
questionable
questionable		₹6.34
Other Income
compliant
compliant		₹59.11
Revenue from Operation
non-compliant
non-compliant		₹2,415.30

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:0.009174399000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{9174399000.00} \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.

1.4%

CALCULATION

Liquidity Ratio:131989000.009174399000.00×100=1.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{131989000.00}{9174399000.00} \times 100 = 1.40\%

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\%