ETHICAL COMPLIANCE REPORT

SYMPHONY

Sector:

Consumer Cyclical

Industry:

Furnishings, Fixtures & Appliances

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Air Cooler Manufacture
compliant
REVENUE RATIO FILTER
3.8%
View Calculations
DEBT RATIO FILTER
12.1%
View Calculations
LIQUIDITY RATIO FILTER
3.6%
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.

3.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{458100000.00}{12068000000.00} \times 100 = 3.80\%

FORMULA

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

Segment	Compliance	Value
Sale of Product - Air Cooler	compliant	₹1,153.63
Other Operating Revenue	compliant	₹2.44
Interest income	non-compliant	₹17.87
Other Income	compliant	₹4.92
Net Gain on Sale of Investments	questionable	₹27.94

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.

12.1%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{1475000000.00}{12176500000.00} \times 100 = 12.10\%

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.

3.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{436500000.00}{12176500000.00} \times 100 = 3.60\%

FORMULA

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