ETHICAL COMPLIANCE REPORT

UNITED SPIRITS.

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Beverage Alcohol Company
non-compliant
REVENUE RATIO FILTER
0.7%
View Calculations
DEBT RATIO FILTER
0.2%
View Calculations
LIQUIDITY RATIO FILTER
11.3%
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.

0.7%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{1830000000.00}{262430000000.00} \times 100 = 0.70\%

FORMULA

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

Segment	Compliance	Value
Interest income on fixed deposits	compliant	₹42.00
Revenue from contracts with customer	compliant	₹25,956.00
Other operating revenue	compliant	₹62.00
Interest income from statutory refund	non-compliant	₹88.00
Other income	questionable	₹95.00

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.

0.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{250000000.00}{112490000000.00} \times 100 = 0.20\%

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.

11.3%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{12690000000.00}{112490000000.00} \times 100 = 11.30\%

FORMULA

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