ETHICAL COMPLIANCE REPORT

MAN INFRA

Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Engineering, Procurement & Construction
compliant
REVENUE RATIO FILTER
6.1%
View Calculations
DEBT RATIO FILTER
6.1%
View Calculations
LIQUIDITY RATIO FILTER
25.5%
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.

6.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{828335000.00}{13602206000.00} \times 100 = 6.10\%

FORMULA

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

Segment	Compliance	Value
Contract Revenue	compliant	₹713.93
Revenue From Real Estate Projects	compliant	₹501.54
Professional and Consultancy Fees	compliant	₹16.67
Other Operating Revenues	compliant	₹31.31
Interest Income	non-compliant	₹77.09
investment gain	questionable	₹5.74
other income	compliant	₹13.93

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.

6.1%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{1308471000.00}{21545687000.00} \times 100 = 6.10\%

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.

25.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{5485223000.00}{21545687000.00} \times 100 = 25.50\%

FORMULA

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