ETHICAL COMPLIANCE REPORT

ZENSAR TECHNOLOGIES

Sector:

Technology

Industry:

Information Technology Services

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
IT Service
compliant
REVENUE RATIO FILTER
2.6%
View Calculations
DEBT RATIO FILTER
4%
View Calculations
LIQUIDITY RATIO FILTER
15.6%
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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.

2.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{1322000000.00}{50607000000.00} \times 100 = 2.60\%

FORMULA

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

Segment	Compliance	Value
Sale of IT related services	compliant	₹4,880.00
Sale of licenses, hardware and other equipments	compliant	₹21.90
Other Income	compliant	₹26.60
interest & other	non-compliant	₹132.20

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{1865000000.00}{46478000000.00} \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.

15.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{7241000000.00}{46478000000.00} \times 100 = 15.60\%

FORMULA

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