ETHICAL COMPLIANCE REPORT

GUJARAT FLUOROCHEM

Sector:

Basic Materials

Industry:

Specialty Chemicals

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Chemicals
compliant
REVENUE RATIO FILTER
0.6%
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DEBT RATIO FILTER
21.6%
View Calculations
LIQUIDITY RATIO FILTER
2.1%
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.

0.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{276499000.00}{43877445000.00} \times 100 = 0.60\%

FORMULA

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

Segment	Compliance	Value
Sale of Chemical Products	compliant	₹4,193.67
Other Operating Revenue	compliant	₹87.15
Other Non-operating Income	compliant	₹31.88
Interest Income	non-compliant	₹27.65
Net gain on foreign currency transactions and translation	compliant	₹47.40

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.

21.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{19957848000.00}{92340670000.00} \times 100 = 21.60\%

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.

2.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1984475000.00}{92340670000.00} \times 100 = 2.10\%

FORMULA

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