ETHICAL COMPLIANCE REPORT

SHAILY ENG PLASTICS

Sector:

Basic Materials

Industry:

Specialty Chemicals

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.

0.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:30335000.006503632000.00×100=0.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{30335000.00}{6503632000.00} \times 100 = 0.50\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Engineering Plastic Products
compliant
compliant		₹603.93
Sale of Services
compliant
compliant		₹37.61
Other Operating Revenue
compliant
compliant		₹2.34
Interest Income
non-compliant
non-compliant		₹3.03
Other Income
compliant
compliant		₹3.46

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.

26.6%

CALCULATION

Debt Ratio:2083518000.007824566000.00×100=26.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{2083518000.00}{7824566000.00} \times 100 = 26.60\%

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.

3.4%

CALCULATION

Liquidity Ratio:263621000.007824566000.00×100=3.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{263621000.00}{7824566000.00} \times 100 = 3.40\%

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\%