ETHICAL COMPLIANCE REPORT

NIIT

NIIT Logo

Sector:

Consumer Defensive

Industry:

Education & Training Services

Overall Compliance

compliant

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.

2.7%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:101230000.003682370000.00×100=2.70%\textbf{Revenue Ratio:} \\[12pt] \dfrac{101230000.00}{3682370000.00} \times 100 = 2.70\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other non-operating income
compliant
compliant		₹54.64
Sale of Courseware and Training Material
compliant
compliant		₹8.66
Interest Income
non-compliant
non-compliant		₹10.12
Sale of Services
compliant
compliant		₹294.81

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:0.0011634360000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{11634360000.00} \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.

8.6%

CALCULATION

Liquidity Ratio:996810000.0011634360000.00×100=8.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{996810000.00}{11634360000.00} \times 100 = 8.60\%

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\%