ETHICAL COMPLIANCE REPORT

MAHINDRA LOGISTIC

MAHINDRA LOGISTIC Logo

Sector:

Industrials

Industry:

Integrated Freight & Logistics

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.

0.2%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:129200000.0055238700000.00×100=0.20%\textbf{Revenue Ratio:} \\[12pt] \dfrac{129200000.00}{55238700000.00} \times 100 = 0.20\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest income
non-compliant
non-compliant		₹11.45
Supply Chain Services
compliant
compliant		₹5,505.97
Net Gain on Sale of Investments
questionable
questionable		₹1.47
Other Income
compliant
compliant		₹4.98

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.

13.7%

CALCULATION

Debt Ratio:3385500000.0024772000000.00×100=13.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{3385500000.00}{24772000000.00} \times 100 = 13.70\%

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.

2.9%

CALCULATION

Liquidity Ratio:710700000.0024772000000.00×100=2.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{710700000.00}{24772000000.00} \times 100 = 2.90\%

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\%