ETHICAL COMPLIANCE REPORT

INDIAN OIL CORP

Sector:

Energy

Industry:

Oil & Gas Refining & Marketing

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Oil and Gas Company
compliant
REVENUE RATIO FILTER
0.1%
View Calculations
DEBT RATIO FILTER
25.6%
View Calculations
LIQUIDITY RATIO FILTER
0.7%
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.

0.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{11981600000.00}{8850783000000.00} \times 100 = 0.10\%

FORMULA

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

Segment	Compliance	Value
Sale of Products and Crude	compliant	₹8,76,654.76
subsidy	compliant	₹99.60
Sale of Services	compliant	₹196.83
Other Operating Revenues	compliant	₹4,284.26
interest	compliant	₹2,046.09
Dividend income	questionable	₹1,198.16
other income	compliant	₹598.60

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.

25.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{1234535700000.00}{4823620000000.00} \times 100 = 25.60\%

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.

0.7%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{31587900000.00}{4823620000000.00} \times 100 = 0.70\%

FORMULA

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