ETHICAL COMPLIANCE REPORT

GODREJ PROPERTIES

Sector:

Real Estate

Industry:

Real Estate - Development

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Real Estate
compliant
REVENUE RATIO FILTER
47.3%
View Calculations
DEBT RATIO FILTER
28.2%
View Calculations
LIQUIDITY RATIO FILTER
6.2%
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.

47.3%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{11950000000.00}{25256000000.00} \times 100 = 47.30\%

FORMULA

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

Segment	Compliance	Value
Sale of Real Estate Developments / Land / Tdr	compliant	₹1,031.79
Sale of Constructional Services	compliant	₹206.01
Other Income From Customers	compliant	₹23.00
Others (including Lease Rent and Settlement Proceeds)	compliant	₹69.80
other	non-compliant	₹1,195.00

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.

28.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{100865200000.00}{357348600000.00} \times 100 = 28.20\%

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.

6.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{22144400000.00}{357348600000.00} \times 100 = 6.20\%

FORMULA

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