ETHICAL COMPLIANCE REPORT

SANDHAR TECHNOLOGIES

Sector:

Consumer Cyclical

Industry:

Auto Parts

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Automotive Components
compliant
REVENUE RATIO FILTER
0.1%
View Calculations
DEBT RATIO FILTER
25.7%
View Calculations
LIQUIDITY RATIO FILTER
1.5%
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.

0.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{52765000.00}{35318978000.00} \times 100 = 0.10\%

FORMULA

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

Segment	Compliance	Value
Other Income	compliant	₹5.51
Automotive components	compliant	₹3,388.58
Interest income	non-compliant	₹2.24
Net Gain on Sale of Investments	questionable	₹3.03
Sale of services	compliant	₹83.06
Scrap sales	compliant	₹46.38
Technical charges	compliant	₹3.09

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.

25.7%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{6246821000.00}{24272527000.00} \times 100 = 25.70\%

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.

1.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{355235000.00}{24272527000.00} \times 100 = 1.50\%

FORMULA

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