ETHICAL COMPLIANCE REPORT

GOKALDAS EXPORTS.

GOKALDAS EXPORTS. Logo

Sector:

Consumer Cyclical

Industry:

Apparel Manufacturing

Overall Compliance

compliant

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.

1.2%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:296484000.0024089840000.00×100=1.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{296484000.00}{24089840000.00} \times 100 = 1.20\%

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		₹2,192.74
Interest Income
non-compliant
non-compliant		₹3.55
Investment Gain
questionable
questionable		₹26.10
Other Operating Revenue
compliant
compliant		₹186.14
Other Income
compliant
compliant		₹0.45

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.

22.6%

CALCULATION

Debt Ratio:6195592000.0027411189000.00×100=22.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{6195592000.00}{27411189000.00} \times 100 = 22.60\%

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.

4.6%

CALCULATION

Liquidity Ratio:1273393000.0027411189000.00×100=4.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1273393000.00}{27411189000.00} \times 100 = 4.60\%

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\%