ETHICAL COMPLIANCE REPORT

GALAXY SURFACTANTS

Sector:

Basic Materials

Industry:

Specialty Chemicals

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Specialty Chemicals
compliant
REVENUE RATIO FILTER
0.4%
View Calculations
DEBT RATIO FILTER
4.5%
View Calculations
LIQUIDITY RATIO FILTER
8.2%
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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.

0.4%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{135800000.00}{38312800000.00} \times 100 = 0.40\%

FORMULA

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

Segment	Compliance	Value
Chemicals	compliant	₹3,764.73
Interest Income	non-compliant	₹9.02
Sale of Scrap	compliant	₹4.00
Government Grant and Incentives (including Export Benefits)	compliant	₹25.65
investment gain	questionable	₹4.56
other income	compliant	₹23.32

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.

4.5%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{1316600000.00}{29146800000.00} \times 100 = 4.50\%

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.

8.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2392900000.00}{29146800000.00} \times 100 = 8.20\%

FORMULA

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