ETHICAL COMPLIANCE REPORT

HINDWARE HME INOVATON

Sector:

Consumer Cyclical

Industry:

Furnishings, Fixtures & Appliances

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Consumer Appliances
compliant
REVENUE RATIO FILTER
0%
View Calculations
DEBT RATIO FILTER
34.6%
View Calculations
LIQUIDITY RATIO FILTER
1.2%
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{5302000.00}{28372432000.00} \times 100 = 0.00\%

FORMULA

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

Segment	Compliance	Value
Consumer products	compliant	₹421.72
Retail business	compliant	₹23.72
Building products	compliant	₹2,354.64
Interest income	non-compliant	₹0.53
Other Income	compliant	₹36.63

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.

34.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{8366957000.00}{24202927000.00} \times 100 = 34.60\%

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.

1.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{293269000.00}{24202927000.00} \times 100 = 1.20\%

FORMULA

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