ETHICAL COMPLIANCE REPORT

M&M FIN. SERVICES

Sector:

Financial Services

Industry:

Credit Services

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Financial Services and Bank
non-compliant
REVENUE RATIO FILTER
90.2%
View Calculations
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
2.8%
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.

90.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{144123300000.00}{159703200000.00} \times 100 = 90.20\%

FORMULA

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

Segment	Compliance	Value
Sale of services	compliant	₹1,057.66
Interest income	non-compliant	₹14,412.33
Rental income	compliant	₹115.46
Fees, charges and commission income	compliant	₹184.32
Other income	compliant	₹173.47
Net gain on fair value changes	compliant	₹27.08

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{1237157900000.00} \times 100 = 0.00\%

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.

2.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{34550100000.00}{1237157900000.00} \times 100 = 2.80\%

FORMULA

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