ETHICAL COMPLIANCE REPORT

MONARCH NETWORTH CAP

Sector:

Financial Services

Industry:

Capital Markets

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Financial Services
non-compliant
REVENUE RATIO FILTER
100%
View Calculations
DEBT RATIO FILTER
14%
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LIQUIDITY RATIO FILTER
56.5%
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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.

100%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{2789967000.00}{2789967000.00} \times 100 = 100.00\%

FORMULA

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

Segment	Compliance	Value
Asset Management Services	questionable	₹8.99
Other Income	questionable	₹19.35
Interest Income	non-compliant	₹72.35
Merchant Banking and Other Services	non-compliant	₹43.86
Fees and Commission Income	questionable	₹134.44

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.

14%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{1129602000.00}{8081774000.00} \times 100 = 14.00\%

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.

56.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4569608000.00}{8081774000.00} \times 100 = 56.50\%

FORMULA

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