ETHICAL COMPLIANCE REPORT

SCHAEFFLER INDIA

Sector:

Consumer Cyclical

Industry:

Auto Parts

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Auto Parts & Equipment
compliant
DEBT RATIO FILTER
0.8%
View Calculations
LIQUIDITY RATIO FILTER
25.3%
View Calculations
REVENUE RATIO FILTER
1.1%
View Calculations

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.

0.8%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{511000000.00}{62665100000.00} \times 100 = 0.80\%

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.

25.3%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{15856600000.00}{62665100000.00} \times 100 = 25.30\%

FORMULA

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

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.

1.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{776800000.00}{69451000000.00} \times 100 = 1.10\%

FORMULA

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

Segment	Compliance	Value
Sale of Auto Parts	compliant	₹6,696.43
Job Work Income	compliant	₹45.40
Export Incentives	compliant	₹27.40
Scrap Sales	compliant	₹98.19
Other Income	non-compliant	₹77.68