ETHICAL COMPLIANCE REPORT

DALMIA BHARAT

Sector:

Basic Materials

Industry:

Building Materials

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Cement Company
compliant
REVENUE RATIO FILTER
1.8%
View Calculations
DEBT RATIO FILTER
16.7%
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LIQUIDITY RATIO FILTER
2.1%
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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.

1.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{2760000000.00}{150060000000.00} \times 100 = 1.80\%

FORMULA

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

Segment	Compliance	Value
Cement and Its Related Products	compliant	₹14,313.00
Power	compliant	₹9.00
Management Service Charges	compliant	₹12.00
Other Operating Revenue	compliant	₹357.00
Other Income	compliant	₹39.00
Interest & other	non-compliant	₹276.00

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.

16.7%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{46300000000.00}{277490000000.00} \times 100 = 16.70\%

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.

2.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{5820000000.00}{277490000000.00} \times 100 = 2.10\%

FORMULA

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