ETHICAL COMPLIANCE REPORT

JINDAL SAW

Sector:

Basic Materials

Industry:

Steel

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
pipes and pellets
compliant
REVENUE RATIO FILTER
0.6%
View Calculations
DEBT RATIO FILTER
26.6%
View Calculations
LIQUIDITY RATIO FILTER
4.3%
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.

0.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{12259720000.00}{2114590100000.00} \times 100 = 0.60\%

FORMULA

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

Segment	Compliance	Value
Other Operating Income	compliant	₹8,474.01
interest & other	non-compliant	₹1,225.97
Job Work Charges/ Repair and Maintenance Contract	compliant	₹4,986.69
Business Process Services	compliant	₹760.36
Charter and Container Hire Income	compliant	₹221.33
Finished goods	compliant	₹1,94,953.72
other income	compliant	₹836.93

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.

26.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{558674270000.00}{2102157960000.00} \times 100 = 26.60\%

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.

4.3%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{89462020000.00}{2102157960000.00} \times 100 = 4.30\%

FORMULA

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