ETHICAL COMPLIANCE REPORT

INDIAMART INTERMESH

Sector:

Communication Services

Industry:

Internet Content & Information

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Digital Marketplace
compliant
REVENUE RATIO FILTER
14.9%
View Calculations
DEBT RATIO FILTER
1.2%
View Calculations
LIQUIDITY RATIO FILTER
2.9%
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.

14.9%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{2096160000.00}{14073850000.00} \times 100 = 14.90\%

FORMULA

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

Segment	Compliance	Value
Web Services	compliant	₹1,131.42
Accounting Software	compliant	₹53.79
Advertisement & Marketing	compliant	₹11.56
Other Income	compliant	₹0.99
Interest & other	non-compliant	₹209.62

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.

1.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{406000000.00}{34486000000.00} \times 100 = 1.20\%

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.

2.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1012010000.00}{34486000000.00} \times 100 = 2.90\%

FORMULA

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