ETHICAL COMPLIANCE REPORT

KAVERI SEED CO..

Sector:

Basic Materials

Industry:

Agricultural Inputs

Overall Compliance

non-compliant

non-compliant

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.

5.1%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:612981000.0012116163000.00×100=5.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{612981000.00}{12116163000.00} \times 100 = 5.10\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Seeds
compliant
compliant		₹1,106.52
Sale of Micronutrients
compliant
compliant		₹41.89
Other Income
compliant
compliant		₹1.91
Investment Gain
questionable
questionable		₹59.29
Interest Income
non-compliant
non-compliant		₹2.01

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.

0%

CALCULATION

Debt Ratio:1301000.0020515289000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{1301000.00}{20515289000.00} \times 100 = 0.00\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\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

Liquidity Ratio:242132000.0020515289000.00×100=1.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{242132000.00}{20515289000.00} \times 100 = 1.20\%

FORMULA

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