ETHICAL COMPLIANCE REPORT

MISHRA DHATU NIGAM

MISHRA DHATU NIGAM Logo

Sector:

Basic Materials

Industry:

Steel

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.

0.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:55179000.0011026097000.00×100=0.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{55179000.00}{11026097000.00} \times 100 = 0.50\%

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 Income
compliant
compliant		₹24.42
Iron & Steel Products
compliant
compliant		₹1,010.54
Other Operating Revenues
compliant
compliant		₹41.49
Sale of Services
compliant
compliant		₹20.65
Interest Income
non-compliant
non-compliant		₹5.52

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.

11.2%

CALCULATION

Debt Ratio:3241413000.0029054275000.00×100=11.20%\textbf{Debt Ratio:} \\[12pt] \dfrac{3241413000.00}{29054275000.00} \times 100 = 11.20\%

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.

0.6%

CALCULATION

Liquidity Ratio:166137000.0029054275000.00×100=0.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{166137000.00}{29054275000.00} \times 100 = 0.60\%

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\%