ETHICAL COMPLIANCE REPORT

SUNDARAM FINANCE

SUNDARAM FINANCE Logo

Sector:

Financial Services

Industry:

Credit Services

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.

70.1%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:50575300000.0051456700000.00×100=70.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{50575300000.00}{51456700000.00} \times 100 = 70.10\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Lease Rental Income
compliant
compliant		₹68.96
Recovery of Bad Debt
compliant
compliant		₹19.18
Dividend Income
questionable
questionable		₹17.43
Net Gain on Fair Value Changes
questionable
questionable		₹106.82
Net Gain on Derecognition of Financial Instruments Under Amortised Cost Category
questionable
questionable		₹3.09
Other Income
questionable
questionable		₹37.30
Interest Income
non-compliant
non-compliant		₹4,314.16
Fees & Commission Income
non-compliant
non-compliant		₹204.89
Sale of Services
non-compliant
non-compliant		₹373.84

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.

0%

CALCULATION

Debt Ratio:0.00642760400000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{642760400000.00} \times 100 = 0.00\%

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.

2.3%

CALCULATION

Liquidity Ratio:15026800000.00642760400000.00×100=2.30%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{15026800000.00}{642760400000.00} \times 100 = 2.30\%

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\%