ETHICAL COMPLIANCE REPORT

G R INFRAPROJECTS

Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
Construction
compliant
REVENUE RATIO FILTER
11.5%
View Calculations
DEBT RATIO FILTER
29.4%
View Calculations
LIQUIDITY RATIO FILTER
5.7%
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.

11.5%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{10452478000.00}{90829063000.00} \times 100 = 11.50\%

FORMULA

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

Segment	Compliance	Value
Other Operating Revenue	compliant	₹60.99
Interest Income	non-compliant	₹62.07
Revenue From Construction Contracts	compliant	₹358.57
Other Income	compliant	₹33.61
Investment Gain	questionable	₹983.18
Sale of Services	compliant	₹7,584.49

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.

29.4%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{38027614000.00}{129415563000.00} \times 100 = 29.40\%

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.

5.7%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{7403174000.00}{129415563000.00} \times 100 = 5.70\%

FORMULA

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