ETHICAL COMPLIANCE REPORT

SJS ENTERPRISES

Sector:

Consumer Cyclical

Industry:

Auto Parts

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.

0.7%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:47660000.006355040000.00×100=0.70%\textbf{Revenue Ratio:} \\[12pt] \dfrac{47660000.00}{6355040000.00} \times 100 = 0.70\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest income
non-compliant
non-compliant		₹2.15
Net Gain on Sale of Investments
questionable
questionable		₹2.62
decorative aesthetic products
compliant
compliant		₹608.09
Other Income
compliant
compliant		₹2.94
Other Operating Revenue
compliant
compliant		₹19.71

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.

8.7%

CALCULATION

Debt Ratio:683430000.007896270000.00×100=8.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{683430000.00}{7896270000.00} \times 100 = 8.70\%

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.

1.9%

CALCULATION

Liquidity Ratio:153200000.007896270000.00×100=1.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{153200000.00}{7896270000.00} \times 100 = 1.90\%

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\%