ETHICAL COMPLIANCE REPORT

SULA VINEYARDS

Sector:

Consumer Defensive

Industry:

Beverages - Wineries & Distilleries

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Alcoholic Beverages.
non-compliant
REVENUE RATIO FILTER
91.6%
View Calculations
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
10.2%
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.

91.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{5643600000.00}{6163700000.00} \times 100 = 91.60\%

FORMULA

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

Segment	Compliance	Value
Other Income	compliant	₹2.14
Sale of Products	non-compliant	₹504.06
Sale of Services	questionable	₹54.72
Other Operating Revenue	compliant	₹49.87
Interest income	non-compliant	₹5.58

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{10263500000.00} \times 100 = 0.00\%

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.

10.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1049200000.00}{10263500000.00} \times 100 = 10.20\%

FORMULA

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