ETHICAL COMPLIANCE REPORT

POLYPLEX CORPORATION

Sector:

Basic Materials

Industry:

Specialty Chemicals

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Containers & Packaging
compliant
REVENUE RATIO FILTER
0.6%
View Calculations
DEBT RATIO FILTER
9.8%
View Calculations
LIQUIDITY RATIO FILTER
9.5%
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.

0.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{399235000.00}{63671288000.00} \times 100 = 0.60\%

FORMULA

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

Segment	Compliance	Value
Other Income	compliant	₹20.34
Plastic Films	compliant	₹5,654.22
Resins	compliant	₹426.13
Others	compliant	₹214.04
Export Incentive Received	compliant	₹12.48
Investment Gain	questionable	₹0.96
Interest Income	non-compliant	₹38.96

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.

9.8%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{7281376000.00}{74312612000.00} \times 100 = 9.80\%

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.

9.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{7062041000.00}{74312612000.00} \times 100 = 9.50\%

FORMULA

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