ETHICAL COMPLIANCE REPORT

KEI INDUSTRIES.

Sector:

Industrials

Industry:

Electrical Equipment & Parts

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Electrical
compliant
REVENUE RATIO FILTER
0.3%
View Calculations
DEBT RATIO FILTER
2.9%
View Calculations
LIQUIDITY RATIO FILTER
15%
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{212680000.00}{81530960000.00} \times 100 = 0.30\%

FORMULA

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

Segment	Compliance	Value
EPC Projects	compliant	₹932.63
Stainless Steel Wire	compliant	₹220.64
Cables & Wires	compliant	₹6,950.81
Interest Income	non-compliant	₹21.26
Dividend Income	questionable	₹0.01
Other Income	compliant	₹27.75

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.

2.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{1342300000.00}{46564500000.00} \times 100 = 2.90\%

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.

15%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{7003710000.00}{46564500000.00} \times 100 = 15.00\%

FORMULA

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