ETHICAL COMPLIANCE REPORT

VIP INDUSTRIES

Sector:

Consumer Cyclical

Industry:

Footwear & Accessories

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Bags and Accessories
compliant
REVENUE RATIO FILTER
0.2%
View Calculations
DEBT RATIO FILTER
25.8%
View Calculations
LIQUIDITY RATIO FILTER
2.2%
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.

0.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{45000000.00}{22567100000.00} \times 100 = 0.20\%

FORMULA

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

Segment	Compliance	Value
Other operating revenue	compliant	₹7.14
Bags and Accessories	compliant	₹2,237.82
Interest Income	non-compliant	₹2.86
investment gain	questionable	₹1.64
other income	compliant	₹7.25

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.

25.8%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{5327800000.00}{20665400000.00} \times 100 = 25.80\%

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.

2.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{463400000.00}{20665400000.00} \times 100 = 2.20\%

FORMULA

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