ETHICAL COMPLIANCE REPORT

SYRMA SGS TECHNOLOGY

Sector:

Technology

Industry:

Electronic Components

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Electronics Manufacturing
compliant
REVENUE RATIO FILTER
1.2%
View Calculations
DEBT RATIO FILTER
15.6%
View Calculations
LIQUIDITY RATIO FILTER
2.3%
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.

1.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{376090000.00}{32124450000.00} \times 100 = 1.20\%

FORMULA

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

Segment	Compliance	Value
Electronic Manufacturing Products	compliant	₹3,081.77
Sale of Services	compliant	₹48.50
Other Operating Revenue	compliant	₹23.57
Net Gain on foreign exchange fluctuations	compliant	₹16.84
Interest Income	non-compliant	₹33.59
Investment Gain	questionable	₹4.02
Other Income	compliant	₹4.15

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.

15.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{5763100000.00}{36894260000.00} \times 100 = 15.60\%

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.

2.3%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{855680000.00}{36894260000.00} \times 100 = 2.30\%

FORMULA

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