ETHICAL COMPLIANCE REPORT

GODREJ AGROVET

Sector:

Consumer Defensive

Industry:

Farm Products

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Agro Products
compliant
DEBT RATIO FILTER
22.9%
View Calculations
LIQUIDITY RATIO FILTER
0.9%
View Calculations
REVENUE RATIO FILTER
0.1%
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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.

22.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{13085000000.00}{57032700000.00} \times 100 = 22.90\%

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.

0.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{528700000.00}{57032700000.00} \times 100 = 0.90\%

FORMULA

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

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.

0.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{105700000.00}{96018700000.00} \times 100 = 0.10\%

FORMULA

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

Segment	Compliance	Value
Agro Products	compliant	₹9,526.45
Other operating income	compliant	₹34.10
other income	compliant	₹30.75
Profit on Sale of Investments (net)	questionable	₹0.28
Interest Income	non-compliant	₹10.29