ETHICAL COMPLIANCE REPORT

HINDUJA GLOBAL SOLS..

Sector:

Industrials

Industry:

Specialty Business Services

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Business Process Management
compliant
REVENUE RATIO FILTER
20%
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DEBT RATIO FILTER
11.7%
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LIQUIDITY RATIO FILTER
7.9%
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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.

20%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{10188972000.00}{50877811000.00} \times 100 = 20.00\%

FORMULA

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

Segment	Compliance	Value
Banking and Financial services	non-compliant	₹659.13
Consumer Electronics, Products, Services and Retail	compliant	₹942.48
Telecom and Technology	compliant	₹609.15
Media	compliant	₹407.34
Public Sector	compliant	₹404.10
Others	compliant	₹1,593.53
Interest Income	non-compliant	₹340.16
Investment Gain	questionable	₹19.61
Other Income	compliant	₹112.29

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.

11.7%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{13059097000.00}{111246215000.00} \times 100 = 11.70\%

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.

7.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{8814645000.00}{111246215000.00} \times 100 = 7.90\%

FORMULA

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