ETHICAL COMPLIANCE REPORT

IDEAFORGE TECHNO

Sector:

Technology

Industry:

Computer Hardware

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
manufacturing Aircrafts
compliant
REVENUE RATIO FILTER
5.8%
View Calculations
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
36.9%
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.

5.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{199770000.00}{3444080000.00} \times 100 = 5.80\%

FORMULA

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

Segment	Compliance	Value
UAVs	compliant	₹293.25
Spare items	compliant	₹3.92
Sale of services	compliant	₹4.21
Other Operating Revenue	compliant	₹12.62
Interest income	non-compliant	₹12.81
Net Gain on Sale of Investments	questionable	₹7.17
Other Income	compliant	₹10.44

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{7425030000.00} \times 100 = 0.00\%

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.

36.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2737520000.00}{7425030000.00} \times 100 = 36.90\%

FORMULA

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