ETHICAL COMPLIANCE REPORT

GMR POW AND URBAN INFRA L

Sector:

Energy

Industry:

Thermal Coal

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Energy, Urban Infrastructure, and Transportation
compliant
REVENUE RATIO FILTER
7.8%
View Calculations
DEBT RATIO FILTER
71.2%
View Calculations
LIQUIDITY RATIO FILTER
3.5%
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.

7.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{3792300000.00}{46570100000.00} \times 100 = 7.80\%

FORMULA

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

Segment	Compliance	Value
Income From Sale of Electricity	compliant	₹1,705.86
Coal Trading & Electricity	compliant	₹1,453.09
Annuity income from expressways	compliant	₹660.11
Construction	compliant	₹339.16
Interest Income	non-compliant	₹374.14
Income From Management and Other Services	compliant	₹119.56
Net Gain on Sale of Investments	questionable	₹5.09

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.

71.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{138548800000.00}{194687000000.00} \times 100 = 71.20\%

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.

3.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{6818100000.00}{194687000000.00} \times 100 = 3.50\%

FORMULA

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