ETHICAL COMPLIANCE REPORT

MAHARASHTRA SCOOTERS

Sector:

Consumer Cyclical

Industry:

Auto Parts

Overall Compliance

non-compliant

non-compliant

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.

0%

CALCULATION

Debt Ratio:0.00293939100000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{293939100000.00} \times 100 = 0.00\%

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%

CALCULATION

Liquidity Ratio:57500000.00293939100000.00×100=0.00%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{57500000.00}{293939100000.00} \times 100 = 0.00\%

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\%

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.

94.7%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:2117800000.002235400000.00×100=94.70%\textbf{Revenue Ratio:} \\[12pt] \dfrac{2117800000.00}{2235400000.00} \times 100 = 94.70\%

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 Auto Parts
compliant
compliant		₹10.96
Dividend Income
questionable
questionable		₹199.12
Net Gain on Fair Value Changes
questionable
questionable		₹1.41
Other Income
compliant
compliant		₹0.80
Interest Income
non-compliant
non-compliant		₹11.25