ETHICAL COMPLIANCE REPORT

TVS SRICHAKRA

TVS SRICHAKRA Logo

Sector:

Consumer Cyclical

Industry:

Auto Parts

Overall Compliance

questionable

questionable

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:42200000.0029326300000.00×100=0.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{42200000.00}{29326300000.00} \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		₹4.22
Other Income
compliant
compliant		₹2.41
Tyres & Tubes
compliant
compliant		₹2,740.85
Others
compliant
compliant		₹170.95
Other Operating Revenue
compliant
compliant		₹14.20

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.

31%

CALCULATION

Debt Ratio:8347100000.0026966800000.00×100=31.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{8347100000.00}{26966800000.00} \times 100 = 31.00\%

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.

0.7%

CALCULATION

Liquidity Ratio:186100000.0026966800000.00×100=0.70%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{186100000.00}{26966800000.00} \times 100 = 0.70\%

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\%