ETHICAL COMPLIANCE REPORT

HIND RECTIFIER

Sector:

Industrials

Industry:

Electrical Equipment & Parts

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Electronic Equipments
compliant
REVENUE RATIO FILTER
0%
View Calculations
DEBT RATIO FILTER
38.9%
View Calculations
LIQUIDITY RATIO FILTER
0.5%
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.

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{2214000.00}{5181627000.00} \times 100 = 0.00\%

FORMULA

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

Segment	Compliance	Value
Interest income	non-compliant	₹0.21
Dividend income	questionable	₹0.01
Other Income	compliant	₹0.39
Other Operating Revenue	compliant	₹0.51
Sale of services	compliant	₹18.89
Electronic Equipments	compliant	₹498.15

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.

38.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{1289317000.00}{3310230000.00} \times 100 = 38.90\%

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.

0.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{15525000.00}{3310230000.00} \times 100 = 0.50\%

FORMULA

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