ETHICAL COMPLIANCE REPORT

VERANDA LEARNING SOL

Sector:

Consumer Defensive

Industry:

Education & Training Services

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.

1.2%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:45173000.003700174000.00×100=1.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{45173000.00}{3700174000.00} \times 100 = 1.20\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Services
compliant
compliant		₹361.73
Interest Income
non-compliant
non-compliant		₹4.52
Other Income
compliant
compliant		₹3.77

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.

27.7%

CALCULATION

Debt Ratio:4516366000.0016333555000.00×100=27.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{4516366000.00}{16333555000.00} \times 100 = 27.70\%

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.

1.8%

CALCULATION

Liquidity Ratio:287875000.0016333555000.00×100=1.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{287875000.00}{16333555000.00} \times 100 = 1.80\%

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\%