ETHICAL COMPLIANCE REPORT

SASKEN TECHNOLOGIES

SASKEN TECHNOLOGIES Logo

Sector:

Technology

Industry:

Information Technology 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.

14.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:697854000.004772886000.00×100=14.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{697854000.00}{4772886000.00} \times 100 = 14.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Net Gain on Sale of Investments
questionable
questionable		₹57.17
Interest income
non-compliant
non-compliant		₹12.62
Other Income
compliant
compliant		₹1.08
Software Services
compliant
compliant		₹406.43

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.

0.9%

CALCULATION

Debt Ratio:79973000.009256423000.00×100=0.90%\textbf{Debt Ratio:} \\[12pt] \dfrac{79973000.00}{9256423000.00} \times 100 = 0.90\%

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.

6%

CALCULATION

Liquidity Ratio:551568000.009256423000.00×100=6.00%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{551568000.00}{9256423000.00} \times 100 = 6.00\%

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\%