ETHICAL COMPLIANCE REPORT

PRICOL

Sector:

Consumer Cyclical

Industry:

Auto Parts

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Automotive Components
compliant
REVENUE RATIO FILTER
0.2%
View Calculations
DEBT RATIO FILTER
3.2%
View Calculations
LIQUIDITY RATIO FILTER
7.9%
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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.

0.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{43412000.00}{22849406000.00} \times 100 = 0.20\%

FORMULA

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

Segment	Compliance	Value
Automotive Products & Service	compliant	₹2,208.17
Other Operating Revenue	compliant	₹63.61
Interest income	non-compliant	₹2.81
Other Income	compliant	₹8.82
Net Gain on Sale of Investments	questionable	₹1.53

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.

3.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{466237000.00}{14356381000.00} \times 100 = 3.20\%

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.

7.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1136357000.00}{14356381000.00} \times 100 = 7.90\%

FORMULA

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