ETHICAL COMPLIANCE REPORT

SESHASAYEE PAPER & BOARDS

Sector:

Basic Materials

Industry:

Paper & Paper Products

Overall Compliance

compliant

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.

2.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:461100000.0018518600000.00×100=2.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{461100000.00}{18518600000.00} \times 100 = 2.50\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Paper and Paper Boards
compliant
compliant		₹1,780.34
Other Operating Income
compliant
compliant		₹21.49
Interest income
non-compliant
non-compliant		₹44.35
Dividend income
questionable
questionable		₹1.76
Other Income
compliant
compliant		₹3.92

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:210000000.0023914100000.00×100=0.90%\textbf{Debt Ratio:} \\[12pt] \dfrac{210000000.00}{23914100000.00} \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.

25.4%

CALCULATION

Liquidity Ratio:6084600000.0023914100000.00×100=25.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{6084600000.00}{23914100000.00} \times 100 = 25.40\%

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\%