ETHICAL COMPLIANCE REPORT

DEEP INDUSTRIES

Sector:

Energy

Industry:

Oil & Gas E&P

Overall Compliance

non-compliant

non-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.

6.1%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:281742000.004626330000.00×100=6.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{281742000.00}{4626330000.00} \times 100 = 6.10\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest income
non-compliant
non-compliant		₹17.12
Net Gain on Sale of Investments
questionable
questionable		₹11.06
Other Income
compliant
compliant		₹7.47
oil and gas exploration
compliant
compliant		₹426.99

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.

8.3%

CALCULATION

Debt Ratio:1585228000.0019113801000.00×100=8.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{1585228000.00}{19113801000.00} \times 100 = 8.30\%

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.

2.9%

CALCULATION

Liquidity Ratio:554557000.0019113801000.00×100=2.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{554557000.00}{19113801000.00} \times 100 = 2.90\%

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\%