ETHICAL COMPLIANCE REPORT

JAIN DVR EQUITY SHARES

Sector:

Industrials

Industry:

Farm & Heavy Construction Machinery

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Engaged in Providing Solutions in Agriculture
compliant
REVENUE RATIO FILTER
0.5%
View Calculations
DEBT RATIO FILTER
29.9%
View Calculations
LIQUIDITY RATIO FILTER
0.6%
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.

0.5%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{177830000.00}{38389230000.00} \times 100 = 0.50\%

FORMULA

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

Segment	Compliance	Value
Interest Income	non-compliant	₹8.41
Sale of Product -pipe and Fitting	compliant	₹3,602.03
Sale of Services	compliant	₹146.84
Other Income	questionable	₹9.38
Other Operating Revenue	compliant	₹72.27

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.

29.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{24656560000.00}{82574760000.00} \times 100 = 29.90\%

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.

0.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{521160000.00}{82574760000.00} \times 100 = 0.60\%

FORMULA

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