ETHICAL COMPLIANCE REPORT

GO FASHION INDIA

Sector:

Consumer Cyclical

Industry:

Apparel Retail

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.

2.1%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:166878000.007801276000.00×100=2.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{166878000.00}{7801276000.00} \times 100 = 2.10\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Apparels
compliant
compliant		₹761.54
Sale of Scrap
compliant
compliant		₹1.29
Other Income
compliant
compliant		₹0.61
Income on financial assets
non-compliant
non-compliant		₹16.69

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.

41.2%

CALCULATION

Debt Ratio:4690988000.0011394708000.00×100=41.20%\textbf{Debt Ratio:} \\[12pt] \dfrac{4690988000.00}{11394708000.00} \times 100 = 41.20\%

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.

16.9%

CALCULATION

Liquidity Ratio:1920596000.0011394708000.00×100=16.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1920596000.00}{11394708000.00} \times 100 = 16.90\%

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\%