ETHICAL COMPLIANCE REPORT

BHARAT PETROLEUM CORP LT

Sector:

Energy

Industry:

Oil & Gas Refining & Marketing

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Oil and Gas
compliant
REVENUE RATIO FILTER
0.3%
View Calculations
DEBT RATIO FILTER
22.5%
View Calculations
LIQUIDITY RATIO FILTER
3.1%
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.

0.3%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{14905700000.00}{5092273300000.00} \times 100 = 0.30\%

FORMULA

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

Segment	Compliance	Value
Petroleum Products	compliant	₹5,05,202.25
Subsidy From Central and State Governments	compliant	₹22.14
Other Operating Revenues	compliant	₹1,394.63
Crude Oil	compliant	₹373.58
Interest Income	non-compliant	₹1,373.31
Dividend Income	questionable	₹117.26
Other Income	compliant	₹744.16

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.

22.5%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{454849300000.00}{2024177500000.00} \times 100 = 22.50\%

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.

3.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{62863600000.00}{2024177500000.00} \times 100 = 3.10\%

FORMULA

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