ETHICAL COMPLIANCE REPORT

SKIPPER

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Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

non-compliant

non-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.

0.2%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:2140000.001398050000.00×100=0.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{2140000.00}{1398050000.00} \times 100 = 0.20\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Installation of the micro irrigation system
compliant
compliant		₹139.40
Other Income
compliant
compliant		₹0.19
Interest income
non-compliant
non-compliant		₹0.21

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.

52.2%

CALCULATION

Debt Ratio:871670000.001668580000.00×100=52.20%\textbf{Debt Ratio:} \\[12pt] \dfrac{871670000.00}{1668580000.00} \times 100 = 52.20\%

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.

0%

CALCULATION

Liquidity Ratio:110000.001668580000.00×100=0.00%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{110000.00}{1668580000.00} \times 100 = 0.00\%

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\%