ETHICAL COMPLIANCE REPORT

JK CEMENT

Sector:

Basic Materials

Industry:

Building Materials

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.

0%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:0.00117010600000.00×100=0.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{0.00}{117010600000.00} \times 100 = 0.00\%

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 operating revenue
compliant
compliant		₹353.45
cement and allied products
compliant
compliant		₹11,202.55
interest Income
compliant
compliant		₹130.44
Other Income
compliant
compliant		₹14.62

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.

35.4%

CALCULATION

Debt Ratio:52385400000.00148021000000.00×100=35.40%\textbf{Debt Ratio:} \\[12pt] \dfrac{52385400000.00}{148021000000.00} \times 100 = 35.40\%

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.

5.9%

CALCULATION

Liquidity Ratio:8665300000.00148021000000.00×100=5.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{8665300000.00}{148021000000.00} \times 100 = 5.90\%

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\%