ETHICAL COMPLIANCE REPORT

APL APOLLO TUBES

APL APOLLO TUBES Logo

Sector:

Basic Materials

Industry:

Steel

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.

0.2%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:442900000.00181936700000.00×100=0.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{442900000.00}{181936700000.00} \times 100 = 0.20\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other Operating Revenue
compliant
compliant		₹611.91
Interest Income
non-compliant
non-compliant		₹44.29
Sale of Steel Products
compliant
compliant		₹17,506.89
Other Income
compliant
compliant		₹30.58

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.

15.6%

CALCULATION

Debt Ratio:11245500000.0071867900000.00×100=15.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{11245500000.00}{71867900000.00} \times 100 = 15.60\%

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.

4.8%

CALCULATION

Liquidity Ratio:3476000000.0071867900000.00×100=4.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{3476000000.00}{71867900000.00} \times 100 = 4.80\%

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\%