ETHICAL COMPLIANCE REPORT

TARC

Sector:

Real Estate

Industry:

Real Estate - Development

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.

1.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:19298000.001214079000.00×100=1.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{19298000.00}{1214079000.00} \times 100 = 1.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Revenue From Real Estate
compliant
compliant		₹57.29
Other Operating Revenue
compliant
compliant		₹54.16
Interest Income
non-compliant
non-compliant		₹1.93
Other Income
compliant
compliant		₹8.03

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.

40%

CALCULATION

Debt Ratio:13875744000.0034655996000.00×100=40.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{13875744000.00}{34655996000.00} \times 100 = 40.00\%

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.

1.9%

CALCULATION

Liquidity Ratio:674192000.0034655996000.00×100=1.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{674192000.00}{34655996000.00} \times 100 = 1.90\%

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\%