ETHICAL COMPLIANCE REPORT

KIOCL

Sector:

Basic Materials

Industry:

Steel

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Iron Ore Mining
compliant
REVENUE RATIO FILTER
2.1%
View Calculations
DEBT RATIO FILTER
2.6%
View Calculations
LIQUIDITY RATIO FILTER
18.7%
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.

2.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{398078000.00}{19047360000.00} \times 100 = 2.10\%

FORMULA

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

Segment	Compliance	Value
Sale of Products - Auxiliary	compliant	₹0.39
Sale of Products - Pellets	compliant	₹1,841.80
Other Operating Revenues	compliant	₹0.27
Sale of Services	compliant	₹11.88
Other Income	compliant	₹10.59
Investment Gain	questionable	₹0.41
Interest Income	non-compliant	₹39.40

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.

2.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{637556000.00}{24381462000.00} \times 100 = 2.60\%

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.

18.7%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4569484000.00}{24381462000.00} \times 100 = 18.70\%

FORMULA

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