ETHICAL COMPLIANCE REPORT

GOODLUCK INDIA

Sector:

Basic Materials

Industry:

Steel

Overall Compliance

questionable

questionable

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.

0.3%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:88557000.0035377256000.00×100=0.30%\textbf{Revenue Ratio:} \\[12pt] \dfrac{88557000.00}{35377256000.00} \times 100 = 0.30\%

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 Income
compliant
compliant		₹4.09
Engineering Products
compliant
compliant		₹3,404.88
Other Operating Revenues
compliant
compliant		₹40.92
Job Charges
compliant
compliant		₹78.98
Interest Income
non-compliant
non-compliant		₹8.86

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.

30.1%

CALCULATION

Debt Ratio:6120407000.0020323995000.00×100=30.10%\textbf{Debt Ratio:} \\[12pt] \dfrac{6120407000.00}{20323995000.00} \times 100 = 30.10\%

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.

10.4%

CALCULATION

Liquidity Ratio:2107872000.0020323995000.00×100=10.40%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2107872000.00}{20323995000.00} \times 100 = 10.40\%

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\%