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ETHICAL COMPLIANCE REPORT

NAVIN FLUORINE INT.

Sector:

Basic Materials

Industry:

Chemicals

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Refrigeration Gases
compliant
REVENUE RATIO FILTER
2.4%
View Calculations
DEBT RATIO FILTER
30.6%
View Calculations
LIQUIDITY RATIO FILTER
0.6%
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.

2.4%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{507300000.00}{21208600000.00} \times 100 = 2.40\%

FORMULA

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

Segment	Compliance	Value
Gases	compliant	₹2,024.70
Sale of Services	compliant	₹23.58
Scrap Sales / Others	compliant	₹6.22
Export Incentives	compliant	₹10.51
other income	compliant	₹5.12
Interest & other	non-compliant	₹50.73

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.

30.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{13399400000.00}{43770000000.00} \times 100 = 30.60\%

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.

0.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{275400000.00}{43770000000.00} \times 100 = 0.60\%

FORMULA

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