ETHICAL COMPLIANCE REPORT

NILKAMAL

Sector:

Consumer Cyclical

Industry:

Furnishings, Fixtures & Appliances

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Furniture
compliant
REVENUE RATIO FILTER
0.2%
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DEBT RATIO FILTER
11.1%
View Calculations
LIQUIDITY RATIO FILTER
3.8%
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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.

0.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{58293000.00}{32096210000.00} \times 100 = 0.20\%

FORMULA

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

Segment	Compliance	Value
Plastic articles & Life style furniture & Accessories	compliant	₹3,138.81
Sale of services	compliant	₹17.52
Other Operating Revenue	compliant	₹40.00
Interest income	non-compliant	₹5.83
Other Income	compliant	₹7.46

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.

11.1%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{2474387000.00}{22208174000.00} \times 100 = 11.10\%

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.

3.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{845355000.00}{22208174000.00} \times 100 = 3.80\%

FORMULA

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