ETHICAL COMPLIANCE REPORT

SML ISUZU

Sector:

Consumer Cyclical

Industry:

Auto Manufacturers

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.

0.1%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:20699000.0022013392000.00×100=0.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{20699000.00}{22013392000.00} \times 100 = 0.10\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Spare Parts
compliant
compliant		₹120.97
Other Operating Revenue
compliant
compliant		₹16.26
Vehicles
compliant
compliant		₹2,058.70
Interest Income
non-compliant
non-compliant		₹2.07
Other Income
compliant
compliant		₹3.34

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.

34.3%

CALCULATION

Debt Ratio:4156555000.0012125211000.00×100=34.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{4156555000.00}{12125211000.00} \times 100 = 34.30\%

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.

4%

CALCULATION

Liquidity Ratio:486915000.0012125211000.00×100=4.00%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{486915000.00}{12125211000.00} \times 100 = 4.00\%

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\%