ETHICAL COMPLIANCE REPORT

URJA GLOBAL

Sector:

Technology

Industry:

Solar

Overall Compliance

compliant

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.

2.8%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:12851000.00459596000.00×100=2.80%\textbf{Revenue Ratio:} \\[12pt] \dfrac{12851000.00}{459596000.00} \times 100 = 2.80\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Electric Vehicles
compliant
compliant		₹20.31
Renewable Energy Products
compliant
compliant		₹24.16
Interest income
non-compliant
non-compliant		₹1.29
Miscellaneous Income
compliant
compliant		₹0.21

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.

1.8%

CALCULATION

Debt Ratio:50145000.002825985000.00×100=1.80%\textbf{Debt Ratio:} \\[12pt] \dfrac{50145000.00}{2825985000.00} \times 100 = 1.80\%

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.

0.4%

CALCULATION

Liquidity Ratio:12387000.002825985000.00×100=0.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{12387000.00}{2825985000.00} \times 100 = 0.40\%

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\%