ETHICAL COMPLIANCE REPORT

LUMAX AUTO TECH

Sector:

Consumer Cyclical

Industry:

Auto Parts

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Automotive Lamps & Others
compliant
DEBT RATIO FILTER
26.2%
View Calculations
LIQUIDITY RATIO FILTER
2.9%
View Calculations
REVENUE RATIO FILTER
0.8%
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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.

26.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{6802964000.00}{25988050000.00} \times 100 = 26.20\%

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.

2.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{750958000.00}{25988050000.00} \times 100 = 2.90\%

FORMULA

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

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.

0.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{234081000.00}{28667431000.00} \times 100 = 0.80\%

FORMULA

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

Segment	Compliance	Value
Other Income	compliant	₹21.60
Interest Income	non-compliant	₹8.05
Automotive Lamps, Plastic Moulded Parts, and Frame	compliant	₹2,708.85
Other Operating Revenue	compliant	₹61.09
Sale of Services	compliant	₹51.79
Investment Gain	questionable	₹15.36