ETHICAL COMPLIANCE REPORT

CONFIDENCE PETRO IND.

Sector:

Energy

Industry:

Oil & Gas Refining & Marketing

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Lpg Cylinders
compliant
REVENUE RATIO FILTER
0.6%
View Calculations
DEBT RATIO FILTER
19.3%
View Calculations
LIQUIDITY RATIO FILTER
11.8%
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.

0.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{150300000.00}{27135000000.00} \times 100 = 0.60\%

FORMULA

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

Segment	Compliance	Value
Sale of Cylinders /raw Material/ Project / Scrap/others	compliant	₹242.59
Charges	compliant	₹2,378.46
Job Work Charges	compliant	₹77.42
Interest Income	non-compliant	₹15.03

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.

19.3%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{4259900000.00}{22025000000.00} \times 100 = 19.30\%

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.

11.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2588600000.00}{22025000000.00} \times 100 = 11.80\%

FORMULA

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