ETHICAL COMPLIANCE REPORT

MANG.CHEM.FERT.LTD

Sector:

Basic Materials

Industry:

Agricultural Inputs

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Manufacturer of Chemical Fertilizer
compliant
REVENUE RATIO FILTER
1.1%
View Calculations
DEBT RATIO FILTER
41.9%
View Calculations
LIQUIDITY RATIO FILTER
13.5%
View Calculations

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.

1.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{412578000.00}{38366994000.00} \times 100 = 1.10\%

FORMULA

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

Segment	Compliance	Value
Sale of Products	compliant	₹3,792.22
Other Operating Revenue	compliant	₹3.20
Other Income	non-compliant	₹8.34
Sale of services	compliant	₹0.02
Interest Income	non-compliant	₹32.92

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.

41.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{10194473000.00}{24304292000.00} \times 100 = 41.90\%

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.

13.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{3282936000.00}{24304292000.00} \times 100 = 13.50\%

FORMULA

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