ETHICAL COMPLIANCE REPORT

MAYUR UNIQUOTERS

Sector:

Consumer Cyclical

Industry:

Textile Manufacturing

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.

2.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:215502000.008348267000.00×100=2.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{215502000.00}{8348267000.00} \times 100 = 2.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest Income
non-compliant
non-compliant		₹5.42
Net Gain on Sale of Investments
questionable
questionable		₹16.13
Other Income
compliant
compliant		₹10.30
PU/PVC synthetic leather
compliant
compliant		₹802.98

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.

1.4%

CALCULATION

Debt Ratio:135992000.009628624000.00×100=1.40%\textbf{Debt Ratio:} \\[12pt] \dfrac{135992000.00}{9628624000.00} \times 100 = 1.40\%

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.

7.2%

CALCULATION

Liquidity Ratio:693102000.009628624000.00×100=7.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{693102000.00}{9628624000.00} \times 100 = 7.20\%

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\%