ETHICAL COMPLIANCE REPORT

LAXMI ORGANIC INDUS

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.

1.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:431.9028932.36×100=1.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{431.90}{28932.36} \times 100 = 1.50\%

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 Chemicals
compliant
compliant		₹0.00
Jobwork and Other Services
compliant
compliant		₹0.00
Interest income
non-compliant
non-compliant		₹0.00
Net gain on sale of investments
compliant
compliant		₹0.00
Other Income
non-compliant
non-compliant		₹0.00
Others
compliant
compliant		₹0.00

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.

4.8%

CALCULATION

Debt Ratio:1357.4628272.21×100=4.80%\textbf{Debt Ratio:} \\[12pt] \dfrac{1357.46}{28272.21} \times 100 = 4.80\%

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.

11.2%

CALCULATION

Liquidity Ratio:3170.7628272.21×100=11.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{3170.76}{28272.21} \times 100 = 11.20\%

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\%