ETHICAL COMPLIANCE REPORT

ROLEX RINGS

Sector:

Industrials

Industry:

Metal Fabrication

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Machine Components
compliant
REVENUE RATIO FILTER
0.3%
View Calculations
DEBT RATIO FILTER
1.6%
View Calculations
LIQUIDITY RATIO FILTER
2.6%
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.

0.3%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{42950000.00}{12368190000.00} \times 100 = 0.30\%

FORMULA

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

Segment	Compliance	Value
Interest income	non-compliant	₹1.71
Net Gain on Sale of Investments	questionable	₹2.59
Other Income	compliant	₹10.77
Other Operating Revenue	compliant	₹94.65
Sale of Forged and Machined Components	compliant	₹1,127.11

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.

1.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{180210000.00}{11209050000.00} \times 100 = 1.60\%

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.

2.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{287710000.00}{11209050000.00} \times 100 = 2.60\%

FORMULA

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