ETHICAL COMPLIANCE REPORT

GUJARAT PIPAVAV PORT

Sector:

Industrials

Industry:

Marine Shipping

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:6470100000.00106332600000.00×100=6.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{6470100000.00}{106332600000.00} \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
Income From Port Services
compliant
compliant		₹9,206.79
Other Operating Revenue
compliant
compliant		₹677.50
interest income
non-compliant
non-compliant		₹647.01
Other income
compliant
compliant		₹101.96

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.

0%

CALCULATION

Debt Ratio:0.0029364980000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{29364980000.00} \times 100 = 0.00\%

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.

35.6%

CALCULATION

Liquidity Ratio:10445720000.0029364980000.00×100=35.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{10445720000.00}{29364980000.00} \times 100 = 35.60\%

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\%