ETHICAL COMPLIANCE REPORT

DREDGING CORP OF INDIA

DREDGING CORP OF INDIA Logo

Sector:

Industrials

Industry:

Engineering & Construction

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.

0.2%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:15914000.009488097000.00×100=0.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{15914000.00}{9488097000.00} \times 100 = 0.20\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other Operating Revenue
compliant
compliant		₹2.36
Sale of Services
compliant
compliant		₹943.15
Others
compliant
compliant		₹1.72
Interest Income
non-compliant
non-compliant		₹1.59

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.

13%

CALCULATION

Debt Ratio:3116154000.0024029676000.00×100=13.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{3116154000.00}{24029676000.00} \times 100 = 13.00\%

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.

2.1%

CALCULATION

Liquidity Ratio:502804000.0024029676000.00×100=2.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{502804000.00}{24029676000.00} \times 100 = 2.10\%

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\%