ETHICAL COMPLIANCE REPORT

NESCO.

Sector:

Industrials

Industry:

Conglomerates

Overall Compliance

non-compliant

non-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.

13.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:1067613000.007849462000.00×100=13.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{1067613000.00}{7849462000.00} \times 100 = 13.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sales of Machines and Spares
compliant
compliant		₹48.80
Nesco It Park (rental and Services)
compliant
compliant		₹318.32
Bombay Exhibition Centre (rental and Services)
compliant
compliant		₹209.08
Hospitality Services
compliant
compliant		₹99.29
Engineering Fees, Services and Other Charges
compliant
compliant		₹2.70
Interest income
non-compliant
non-compliant		₹66.95
Net Gain on Sale of Investments
questionable
questionable		₹38.75
Dividend From Mutual Fund Investments
questionable
questionable		₹1.07

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.

0%

CALCULATION

Debt Ratio:0.0026503159000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{26503159000.00} \times 100 = 0.00\%

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.

1.1%

CALCULATION

Liquidity Ratio:279023000.0026503159000.00×100=1.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{279023000.00}{26503159000.00} \times 100 = 1.10\%

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\%