ETHICAL COMPLIANCE REPORT

COCHIN SHIPYARD

Sector:

Industrials

Industry:

Aerospace & Defense

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Construction & Repairs of Ships
compliant
REVENUE RATIO FILTER
5.8%
View Calculations
DEBT RATIO FILTER
0.2%
View Calculations
LIQUIDITY RATIO FILTER
32.1%
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.

5.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{2406274000.00}{41406351000.00} \times 100 = 5.80\%

FORMULA

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

Segment	Compliance	Value
Indigenous Aircraft Carrier (iac)	compliant	₹1,202.72
Vessels Other Than Iac	compliant	₹1,554.61
Income from Csas	compliant	₹6.87
Ship Repairs	compliant	₹986.81
Other Operating Income	compliant	₹79.45
Other Income	compliant	₹69.55
Investment Gain	questionable	₹0.08
Interest Income	non-compliant	₹240.55

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.

0.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{230220000.00}{120422253000.00} \times 100 = 0.20\%

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.

32.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{38640055000.00}{120422253000.00} \times 100 = 32.10\%

FORMULA

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