ETHICAL COMPLIANCE REPORT

SIGNATUREGLOBAL INDIA

Sector:

Real Estate

Industry:

Real Estate - Development

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Real Estate
compliant
REVENUE RATIO FILTER
4.8%
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DEBT RATIO FILTER
22.6%
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LIQUIDITY RATIO FILTER
8.7%
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.

4.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{634460000.00}{13245550000.00} \times 100 = 4.80\%

FORMULA

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

Segment	Compliance	Value
Real estate properties	compliant	₹1,189.96
Interest Income	non-compliant	₹63.45
construction contracts	compliant	₹25.23
Other Operating Income	compliant	₹19.57
Other Income	compliant	₹24.89
switching station rights	compliant	₹1.35
Sale of traded goods	compliant	₹0.12

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.

22.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{19179010000.00}{84733440000.00} \times 100 = 22.60\%

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.

8.7%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{7361110000.00}{84733440000.00} \times 100 = 8.70\%

FORMULA

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