ETHICAL COMPLIANCE REPORT

INDO COUNT INDUSTRIES

Sector:

Consumer Cyclical

Industry:

Textile Manufacturing

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Textiles
compliant
REVENUE RATIO FILTER
0.3%
View Calculations
DEBT RATIO FILTER
25.6%
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.

0.3%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{118317000.00}{36007925000.00} \times 100 = 0.30\%

FORMULA

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

Segment	Compliance	Value
other income	compliant	₹31.89
investment gain	questionable	₹0.20
Interest Income	non-compliant	₹11.63
sales of service	compliant	₹19.62
Sale of Products	compliant	₹3,251.83
other operating income	compliant	₹285.62

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.

25.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{9140854000.00}{35686022000.00} \times 100 = 25.60\%

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.

2.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1031701000.00}{35686022000.00} \times 100 = 2.90\%

FORMULA

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