ETHICAL COMPLIANCE REPORT

PNB HOUSING FIN.

Sector:

Financial Services

Industry:

Mortgage Finance

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Financial Services
non-compliant
REVENUE RATIO FILTER
92.5%
View Calculations
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
3.6%
View Calculations

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.

92.5%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{65296600000.00}{65296600000.00} \times 100 = 92.50\%

FORMULA

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

Segment	Compliance	Value
Net Gain on Fair Value Changes	questionable	₹34.10
Other Income	questionable	₹2.33
Interest Income	non-compliant	₹6,199.07
Fees and Commission Income	non-compliant	₹283.26
Income on Derecognised (assigned) Loans	non-compliant	₹10.90

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{724048500000.00} \times 100 = 0.00\%

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.

3.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{26069300000.00}{724048500000.00} \times 100 = 3.60\%

FORMULA

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