ETHICAL COMPLIANCE REPORT

POLYCAB INDIA

Sector:

Industrials

Industry:

Electrical Equipment & Parts

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Cables and Wires
compliant
REVENUE RATIO FILTER
0.7%
View Calculations
DEBT RATIO FILTER
0.7%
View Calculations
LIQUIDITY RATIO FILTER
3.3%
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.

0.7%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{1211060000.00}{181752249999.00} \times 100 = 0.70\%

FORMULA

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

Segment	Compliance	Value
Wires & Cables	compliant	₹15,725.52
Fast Moving Electrical Goods (fmeg)	compliant	₹1,274.85
Revenue From Construction Contracts	compliant	₹781.09
Others	compliant	₹172.90
other income	compliant	₹99.77
Interest & other	non-compliant	₹121.11

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.

0.7%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{897740000.00}{120788840000.00} \times 100 = 0.70\%

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.

3.3%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4023580000.00}{120788840000.00} \times 100 = 3.30\%

FORMULA

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