ETHICAL COMPLIANCE REPORT

WEST COAST PAPER MILLS LT

Sector:

Basic Materials

Industry:

Paper & Paper Products

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Paper & Paper Products
compliant
REVENUE RATIO FILTER
2.9%
View Calculations
DEBT RATIO FILTER
4.9%
View Calculations
LIQUIDITY RATIO FILTER
0.8%
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.

2.9%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{1344781000.00}{46180214000.00} \times 100 = 2.90\%

FORMULA

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

Segment	Compliance	Value
Paper and Board	compliant	₹4,209.88
Cables	compliant	₹211.65
Wind Power	compliant	₹0.22
Other Operating Revenue	compliant	₹25.49
Revenue From Trading Operations	compliant	₹0.44
Interest income	non-compliant	₹66.87
Net Gain on Sale of Investments	questionable	₹67.61
Other Income	compliant	₹35.86

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.

4.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{2509047000.00}{51184262000.00} \times 100 = 4.90\%

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.

0.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{434696000.00}{51184262000.00} \times 100 = 0.80\%

FORMULA

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