ETHICAL COMPLIANCE REPORT

TATA ELXSI

TATA ELXSI Logo

Sector:

Technology

Industry:

Software - Application

Overall Compliance

compliant

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.

2.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:945390000.0036740975000.00×100=2.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{945390000.00}{36740975000.00} \times 100 = 2.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Software Development and Services
compliant
compliant		₹3,456.26
System Integration and Support Services
compliant
compliant		₹95.89
Other Income
compliant
compliant		₹27.41
interest & other
non-compliant
non-compliant		₹94.54

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:0.0031869816000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{31869816000.00} \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.

42.6%

CALCULATION

Liquidity Ratio:13571013000.0031869816000.00×100=42.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{13571013000.00}{31869816000.00} \times 100 = 42.60\%

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\%