ETHICAL COMPLIANCE REPORT

TATA INVESTMENT CORP

Sector:

Financial Services

Industry:

Capital Markets

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Investment Company
questionable
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
1%
View Calculations
REVENUE RATIO FILTER
100%
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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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{328701600000.00} \times 100 = 0.00\%

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.

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{3418392000.00}{328701600000.00} \times 100 = 1.00\%

FORMULA

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

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.

100%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{3859498000.00}{3859498000.00} \times 100 = 100.00\%

FORMULA

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

Segment	Compliance	Value
Others	questionable	₹2.83
Dividend Income	questionable	₹211.40
Net Gain on Fair Value Changes.	questionable	₹115.03
Interest Income	non-compliant	₹56.69