ETHICAL COMPLIANCE REPORT

TITAN COMPANY

Sector:

Consumer Cyclical

Industry:

Luxury Goods

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Lifestyle Brand
compliant
REVENUE RATIO FILTER
0.5%
View Calculations
DEBT RATIO FILTER
24.8%
View Calculations
LIQUIDITY RATIO FILTER
4.8%
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.

0.5%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{2490000000.00}{516170000000.00} \times 100 = 0.50\%

FORMULA

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

Segment	Compliance	Value
Watches and Wearables	compliant	₹46,670.00
service income	compliant	₹81.00
Other Operating Revenue	compliant	₹4,333.00
interest Income	non-compliant	₹249.00
other	compliant	₹284.00

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.

24.8%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{78380000000.00}{315500000000.00} \times 100 = 24.80\%

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.

4.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{15260000000.00}{315500000000.00} \times 100 = 4.80\%

FORMULA

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