ETHICAL COMPLIANCE REPORT

BLUE DART EXPRESS

BLUE DART EXPRESS Logo

Sector:

Industrials

Industry:

Integrated Freight & Logistics

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.

0.8%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:414500000.0053186700000.00×100=0.80%\textbf{Revenue Ratio:} \\[12pt] \dfrac{414500000.00}{53186700000.00} \times 100 = 0.80\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
logistic Services
compliant
compliant		₹5,267.83
Other Income
compliant
compliant		₹9.39
interest & other
non-compliant
non-compliant		₹41.45

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.

7.4%

CALCULATION

Debt Ratio:2546900000.0034609000000.00×100=7.40%\textbf{Debt Ratio:} \\[12pt] \dfrac{2546900000.00}{34609000000.00} \times 100 = 7.40\%

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:1662400000.0034609000000.00×100=4.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1662400000.00}{34609000000.00} \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\%