ETHICAL COMPLIANCE REPORT

SHARE IND. SECURITIES

Sector:

Financial Services

Industry:

Capital Markets

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Broking & Others
questionable
REVENUE RATIO FILTER
86.4%
View Calculations
DEBT RATIO FILTER
13.5%
View Calculations
LIQUIDITY RATIO FILTER
70.4%
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.

86.4%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{12866057000.00}{14887487000.00} \times 100 = 86.40\%

FORMULA

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

Segment	Compliance	Value
Dividend income	questionable	₹14.82
Sale of commodities	compliant	₹22.64
Net gain on fair value changes	questionable	₹1,069.26
Other Income	compliant	₹5.87
Interest Income	non-compliant	₹162.79
Income from sale of technology services	compliant	₹9.36
Broking and related services	compliant	₹164.28
Other Service	questionable	₹39.73

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.

13.5%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{3868894000.00}{28680601000.00} \times 100 = 13.50\%

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.

70.4%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{20184736000.00}{28680601000.00} \times 100 = 70.40\%

FORMULA

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