ETHICAL COMPLIANCE REPORT

MARICO

MARICO Logo

Sector:

Consumer Defensive

Industry:

Household & Personal Products

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:1500000000.0098110000000.00×100=1.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{1500000000.00}{98110000000.00} \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
Hair Oils
compliant
compliant		₹2,043.00
Personal Care
compliant
compliant		₹1,593.00
Edible
compliant
compliant		₹4,919.00
other
compliant
compliant		₹1,098.00
interest
non-compliant
non-compliant		₹150.00
other income
compliant
compliant		₹8.00

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.

5.2%

CALCULATION

Debt Ratio:3830000000.0074210000000.00×100=5.20%\textbf{Debt Ratio:} \\[12pt] \dfrac{3830000000.00}{74210000000.00} \times 100 = 5.20\%

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.

12.7%

CALCULATION

Liquidity Ratio:9430000000.0074210000000.00×100=12.70%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{9430000000.00}{74210000000.00} \times 100 = 12.70\%

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\%