ETHICAL COMPLIANCE REPORT

NAVKAR CORPORATION.

Sector:

Industrials

Industry:

Integrated Freight & Logistics

Overall Compliance

compliant

compliant

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.

9.6%

CALCULATION

Debt Ratio:2135565000.0022277046000.00×100=9.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{2135565000.00}{22277046000.00} \times 100 = 9.60\%

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.

0.2%

CALCULATION

Liquidity Ratio:54344000.0022277046000.00×100=0.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{54344000.00}{22277046000.00} \times 100 = 0.20\%

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\%

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.

1.3%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:57836000.004408417000.00×100=1.30%\textbf{Revenue Ratio:} \\[12pt] \dfrac{57836000.00}{4408417000.00} \times 100 = 1.30\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Products
compliant
compliant		₹434.87
Miscellaneous Income
non-compliant
non-compliant		₹5.78
Rental Income
compliant
compliant		₹0.19