ETHICAL COMPLIANCE REPORT

TECHNOCRAFT IND

Sector:

Industrials

Industry:

Tools & Accessories

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Textiles
compliant
REVENUE RATIO FILTER
2.3%
View Calculations
DEBT RATIO FILTER
25.1%
View Calculations
LIQUIDITY RATIO FILTER
5.9%
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.

2.3%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{522561000.00}{22715368000.00} \times 100 = 2.30\%

FORMULA

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

Segment	Compliance	Value
Investment Gain	questionable	₹45.25
Other Income	compliant	₹37.65
Interest Income	non-compliant	₹7.00
Sale of Textiles	compliant	₹1,840.28
Other Operating Income	compliant	₹120.23
Sale of Services	compliant	₹221.12

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.

25.1%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{6750674000.00}{26924179000.00} \times 100 = 25.10\%

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.

5.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1601372000.00}{26924179000.00} \times 100 = 5.90\%

FORMULA

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