ETHICAL COMPLIANCE REPORT

GREENPANEL INDUSTRIES

GREENPANEL INDUSTRIES Logo

Sector:

Basic Materials

Industry:

Lumber & Wood Production

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:189334000.0015891211000.00×100=1.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{189334000.00}{15891211000.00} \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
Interest income
non-compliant
non-compliant		₹18.93
Plywood, Medium Density Fibre Boards (mdf) and Allied Products
compliant
compliant		₹1,563.93
Other Income
compliant
compliant		₹2.94
Other Operating Revenue
compliant
compliant		₹3.32

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.

14.2%

CALCULATION

Debt Ratio:2679619000.0018907336000.00×100=14.20%\textbf{Debt Ratio:} \\[12pt] \dfrac{2679619000.00}{18907336000.00} \times 100 = 14.20\%

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.

7.4%

CALCULATION

Liquidity Ratio:1403569000.0018907336000.00×100=7.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1403569000.00}{18907336000.00} \times 100 = 7.40\%

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\%