ETHICAL COMPLIANCE REPORT

POONAWALLA FINCORP

Sector:

Financial Services

Industry:

Credit Services

Overall Compliance

non-compliant

non-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.

100%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:31473300000.0031473300000.00×100=100.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{31473300000.00}{31473300000.00} \times 100 = 100.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Revenue from operation
non-compliant
non-compliant		₹3,109.01
Other Income
non-compliant
non-compliant		₹38.32

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.

56.5%

CALCULATION

Debt Ratio:136161300000.00240869000000.00×100=56.50%\textbf{Debt Ratio:} \\[12pt] \dfrac{136161300000.00}{240869000000.00} \times 100 = 56.50\%

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.

1.1%

CALCULATION

Liquidity Ratio:2685400000.00240869000000.00×100=1.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2685400000.00}{240869000000.00} \times 100 = 1.10\%

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\%