ETHICAL COMPLIANCE REPORT

ITD CEMENTATION INDIA

Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

compliant

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.

0.4%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:331248000.0077658988000.00×100=0.40%\textbf{Revenue Ratio:} \\[12pt] \dfrac{331248000.00}{77658988000.00} \times 100 = 0.40\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Contract Revenue
compliant
compliant		₹7,717.34
Service Income: - From Related Parties
compliant
compliant		₹0.53
Interest Income
non-compliant
non-compliant		₹33.12
Other Income
compliant
compliant		₹14.90

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.

14.6%

CALCULATION

Debt Ratio:8620301000.0059172575000.00×100=14.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{8620301000.00}{59172575000.00} \times 100 = 14.60\%

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.

15.1%

CALCULATION

Liquidity Ratio:8957177000.0059172575000.00×100=15.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{8957177000.00}{59172575000.00} \times 100 = 15.10\%

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\%