ETHICAL COMPLIANCE REPORT

VAIBHAV GLOBAL

Sector:

Consumer Cyclical

Industry:

Luxury Goods

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.

0.3%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:87516000.0030675965000.00×100=0.30%\textbf{Revenue Ratio:} \\[12pt] \dfrac{87516000.00}{30675965000.00} \times 100 = 0.30\%

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		₹20.08
fashion jewelery and lifestyle products
compliant
compliant		₹3,020.88
interest
non-compliant
non-compliant		₹8.75
Other Income
compliant
compliant		₹17.88

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.

5.5%

CALCULATION

Debt Ratio:1048246000.0018889988000.00×100=5.50%\textbf{Debt Ratio:} \\[12pt] \dfrac{1048246000.00}{18889988000.00} \times 100 = 5.50\%

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.

5.6%

CALCULATION

Liquidity Ratio:1050145000.0018889988000.00×100=5.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1050145000.00}{18889988000.00} \times 100 = 5.60\%

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\%