ETHICAL COMPLIANCE REPORT

VAKRANGEE

Sector:

Technology

Industry:

Information Technology Services

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
BFSI
non-compliant
REVENUE RATIO FILTER
0.9%
View Calculations
DEBT RATIO FILTER
4%
View Calculations
LIQUIDITY RATIO FILTER
16.2%
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.

0.9%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{19910000.00}{2149210000.00} \times 100 = 0.90\%

FORMULA

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

Segment	Compliance	Value
Investment Gain	questionable	₹0.57
Other Income	compliant	₹0.35
Revenue From Vakrangee Kendra	compliant	₹212.51
Scrap Sales	compliant	₹0.07
Interest Income	non-compliant	₹1.42

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{120577000.00}{2999957000.00} \times 100 = 4.00\%

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.

16.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{486804000.00}{2999957000.00} \times 100 = 16.20\%

FORMULA

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