ETHICAL COMPLIANCE REPORT

MACROTECH DEVELOPERS

Sector:

Real Estate

Industry:

Real Estate - Development

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Real Estate
compliant
REVENUE RATIO FILTER
1.4%
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DEBT RATIO FILTER
16.3%
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LIQUIDITY RATIO FILTER
5.6%
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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.

1.4%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{1508000000.00}{104695000000.00} \times 100 = 1.40\%

FORMULA

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

Segment	Compliance	Value
Income From Property Development	compliant	₹9,639.40
Sale of Land / Development Rights	compliant	₹419.10
Sale of Building Materials	compliant	₹37.30
Income From Lease Rentals	compliant	₹101.90
Other Operating Revenue	compliant	₹118.40
Other Income	compliant	₹2.60
Interest & other	non-compliant	₹150.80

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.

16.3%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{76799000000.00}{472252000000.00} \times 100 = 16.30\%

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.

5.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{26348000000.00}{472252000000.00} \times 100 = 5.60\%

FORMULA

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