ETHICAL COMPLIANCE REPORT

TILAKNAGAR INDUSTRIES

TILAKNAGAR INDUSTRIES Logo

Sector:

Consumer Defensive

Industry:

Beverages - Wineries & Distilleries

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.

99.4%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:29548185000.0029723986000.00×100=99.40%\textbf{Revenue Ratio:} \\[12pt] \dfrac{29548185000.00}{29723986000.00} \times 100 = 99.40\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other Operating Revenue
compliant
compliant		₹6.47
Interest Income
non-compliant
non-compliant		₹1.79
Investment Gain
questionable
questionable		₹1.24
Other Income
compliant
compliant		₹11.11
Sale of Liquor
non-compliant
non-compliant		₹2,951.79

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.

11.5%

CALCULATION

Debt Ratio:1192518000.0010334403000.00×100=11.50%\textbf{Debt Ratio:} \\[12pt] \dfrac{1192518000.00}{10334403000.00} \times 100 = 11.50\%

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.

4%

CALCULATION

Liquidity Ratio:417988000.0010334403000.00×100=4.00%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{417988000.00}{10334403000.00} \times 100 = 4.00\%

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\%