ETHICAL COMPLIANCE REPORT

THANGAMAYIL JEWELLERY

THANGAMAYIL JEWELLERY Logo

Sector:

Consumer Cyclical

Industry:

Luxury Goods

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.

0.1%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:49400000.0038321900000.00×100=0.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{49400000.00}{38321900000.00} \times 100 = 0.10\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest income
non-compliant
non-compliant		₹4.94
Other Operating Revenue
compliant
compliant		₹0.47
Gold ,Silver,Diamond and Platinum
compliant
compliant		₹3,826.78

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.

33.8%

CALCULATION

Debt Ratio:5005000000.0014811000000.00×100=33.80%\textbf{Debt Ratio:} \\[12pt] \dfrac{5005000000.00}{14811000000.00} \times 100 = 33.80\%

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.

5.5%

CALCULATION

Liquidity Ratio:817900000.0014811000000.00×100=5.50%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{817900000.00}{14811000000.00} \times 100 = 5.50\%

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\%