ETHICAL COMPLIANCE REPORT

PERSISTENT SYSTEMS

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Sector:

Technology

Industry:

Information Technology 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.

0.9%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:851560000.0099496070000.00×100=0.90%\textbf{Revenue Ratio:} \\[12pt] \dfrac{851560000.00}{99496070000.00} \times 100 = 0.90\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Software services
compliant
compliant		₹9,418.18
Software licenses
compliant
compliant		₹403.41
interest & other
non-compliant
non-compliant		₹85.16
Others
compliant
compliant		₹42.86

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.

2.8%

CALCULATION

Debt Ratio:2073190000.0073736180000.00×100=2.80%\textbf{Debt Ratio:} \\[12pt] \dfrac{2073190000.00}{73736180000.00} \times 100 = 2.80\%

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.

13.9%

CALCULATION

Liquidity Ratio:10228860000.0073736180000.00×100=13.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{10228860000.00}{73736180000.00} \times 100 = 13.90\%

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\%