ETHICAL COMPLIANCE REPORT

KIRI INDUSTRIES

Sector:

Basic Materials

Industry:

Specialty Chemicals

Overall Compliance

compliant

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.

1.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:104312000.006699509000.00×100=1.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{104312000.00}{6699509000.00} \times 100 = 1.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest Income
non-compliant
non-compliant		₹1.45
Other Operating Revenue
questionable
questionable		₹8.99
Sale of Products
compliant
compliant		₹624.40
Dividend Income
compliant
compliant		₹33.21
Other Income
compliant
compliant		₹1.91

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.

12.7%

CALCULATION

Debt Ratio:1212908000.009540221000.00×100=12.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{1212908000.00}{9540221000.00} \times 100 = 12.70\%

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.

0.3%

CALCULATION

Liquidity Ratio:24739000.009540221000.00×100=0.30%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{24739000.00}{9540221000.00} \times 100 = 0.30\%

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\%