ETHICAL COMPLIANCE REPORT

SWELECT ENERGY SYS

SWELECT ENERGY SYS Logo

Sector:

Technology

Industry:

Solar

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.

11.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:325180000.002793310000.00×100=11.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{325180000.00}{2793310000.00} \times 100 = 11.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Solar Energy Systems / Services
compliant
compliant		₹242.78
Interest income
non-compliant
non-compliant		₹13.22
Net Gain on Sale of Investments
questionable
questionable		₹19.30
Other Income
compliant
compliant		₹4.03

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.

34.1%

CALCULATION

Debt Ratio:5673422000.0016619646000.00×100=34.10%\textbf{Debt Ratio:} \\[12pt] \dfrac{5673422000.00}{16619646000.00} \times 100 = 34.10\%

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.

14.1%

CALCULATION

Liquidity Ratio:2346341000.0016619646000.00×100=14.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2346341000.00}{16619646000.00} \times 100 = 14.10\%

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\%